About Automotive Aluminum market
Aluminum and its alloys have unique properties such as lightweight, high tensile strength, and high corrosion resistance, allowing it to replace steel that has conventionally been used to make an automobile's body and its components. It offers the safest, fastest, cost-effective, and an environmentally friendly way to boost fuel economy, reduce emissions, and increase performance, improving or maintaining durability and safety. Its use in passenger and commercial vehicles is accelerating. An automobile with components made of aluminum is more than 24 percent lighter than an automobile with components made of steel.
TechNavio's analysts forecast the Global Automotive Aluminum Market to grow at a CAGR of 7.77 percent by revenue over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Automotive Aluminum market for the period 2015-2019. The report includes the entire range of automobiles and spare parts using aluminum as a raw material. To calculate the market size, the report considers the revenue generated through the sales of automotive aluminum across all geographies. It analyzes the sales of automotive aluminum to OEMs. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global Automotive Aluminum market and also outlines the challenges faced by vendors and the market at large and identifies the key trends that are emerging in the market.
TechNavio's report, the Global Automotive Aluminum Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Asia, Europe, North America, and ROW regions; it also covers the Global Automotive Aluminum market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
• Asia
• Europe
• North America
• ROW
Key Vendors
• Alcoa
• Aluminum Corp. of China
• Rio Tinto Alcan
• United Co. RUSAL
Other Prominent Vendors
• Aleris International
• BHP Billiton
• Constellium NV
• Dubai Aluminum
• Jindal Aluminium
• Kaiser Aluminum
• Lorin Industries
• Norsk Hydro ASA
• Novelis
• Sapa Group
• Vedanta Aluminium
• Vimetco NV
Market Driver
• Rise in Global Automobile Production and Sales
• For a full, detailed list, view our report
Market Challenge
• Fluctuating Aluminum Prices and Added Fabrication Costs
• For a full, detailed list, view our report
Market Trend
• Net Aluminum Pounds per Vehicle
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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