What is the projected market value of the Automotive Aluminum Market?

The market is expected to be worth around USD 191.5 Billion by 2033, growing from USD 83.9 Billion in 2023.

Which segments are covered in the market analysis?

Segments include product type (cast aluminium, rolled aluminium, extruded aluminium), application (powertrain, chassis, suspension), and vehicle type (passenger cars, LCVs, HCVs).

Why is aluminum preferred over steel in automotive manufacturing?

Aluminum offers advantages like reduced vehicle weight, improved fuel economy, and lower emissions compared to traditional materials like steel.

Which regions dominate the Automotive Aluminum Market?

North America leads with 44.2% market share, followed by Europe (24.8%), driven by stringent emission regulations and automotive manufacturing strength.

Automotive Aluminum Market Report By Product Type (Cast Aluminium, Rolled Aluminium, Extruded Aluminium), By Application (Powertrain, Chassis, Suspension), By Vehicle Type (Passenger Cars, LCVs, HCV), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: March 2024
Report ID: 58454
Number of Pages: 277
Format:

Overview
Table of Contents
Major Market Players
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- Constellium N. V.
- Novelis inc.
- Martinrea Honsel Germany GmbH
- Dana Holding Corporation
- AMG Advanced Metallurgical Group
- Aleris corporation
- Arconic inc.
- UACJ Corporation
- Alcoa corporation
- Norsk Hydro ASA
- Bodine Aluminum Inc.
- Aleris
- Federal-Mogul Holding Corporation
- Other Key Players

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Report ID 58454
Published Date March 2024
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