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Press Release:

Global Automotive Aluminum Market to Grow at 7% during 2020-2025, Impelled by Growing Demand for Lightweight Vehicles

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Automotive Aluminum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global automotive aluminum market reached a value of US$ 22.34 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 9.8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

The automotive industry utilizes aluminum castings, extrusions and sheets to manufacture vehicle body, frame, wheels, fuel systems, heat shields and car interiors. It is also used in the production of various engine parts such as pistons, radiators and cylinder heads. As the aluminum used in passenger and commercial vehicles is light in weight, it offers high stability, durability and cost-effectiveness. In comparison to steel, aluminum parts can help the vehicle accelerate faster and absorb a higher amount of shock in case of a crash or accident.

The growing automotive industry is one of the key factors driving the growth of the market. Owing to properties, such as high strength, recyclability, corrosion resistance combined with thermal and electrical conductivity, aluminum is extensively utilized in the production of passenger cars and commercial trucks and buses. Furthermore, the adoption of robotics technology in the assembly lines to efficiently manufacture automobiles is creating a positive impact on the market. There is also an increasing usage of secondary or recycled aluminum in the manufacturing of automobiles for improved safety and reduced carbon dioxide emissions. Aluminum mixed with copper, silicon and manganese is being used for light-weight components, which in turn is leading to higher per unit usage of the metal. Moreover, the implementation of government policies promoting the manufacturing of vehicles that reduce the emission of greenhouse gases, thus improving the carbon footprint of automobiles, is creating a positive impact on the market growth. Other factors, including rising disposable incomes of consumers and extensive research and development (R&D) activities, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive aluminum market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product form, vehicle type and application.

Breakup by Product Form:

  • Cast Aluminum
    • Die Casting
    • Permanent Mold Casting
    • Sand Casting
  • Rolled Aluminum
    • Aluminum Plate
    • Aluminum Sheet
    • Aluminum Foil
  • Extruded Aluminum
     

Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
     

Breakup by Application:

  • Powertrain
    • Pistons
    • Engine Blocks
    • Fuel Systems
    • Heat Shields
    • Heat Exchangers
  • Chassis & Suspension
    • Suspension Parts
    • Wheels
    • Steering System
    • Brake Systems
  • Car Body
    • Body Structure
    • Roof and Trim
    • Car Interiors
    • Hang-On Parts
       

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Alcoa Inc., Novelis, Rio Tinto Alcan, Constellium, BHP, Amg Advanced Metallurgical, UACJ Corporation, Norsk Hydro ASA, Dana Holding Corporation, Progress-Werk Oberkirch AG, Jindal Aluminium, Kaiser Aluminum, Lorin Industries, Federal-Mogul Holding Corporation, ElringKlinger AG, ThermoTec Automotive, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product Form, Vehicle Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alcoa Inc., Novelis, Rio Tinto Alcan, Constellium, BHP, Amg Advanced Metallurgical, UACJ Corporation, Norsk Hydro ASA, Dana Holding Corporation, Progress-Werk Oberkirch AG, Jindal Aluminium, Kaiser Aluminum, Lorin Industries, Federal-Mogul Holding Corporation, ElringKlinger AG and ThermoTec Automotive
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global automotive aluminum market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global automotive aluminum industry?
  • What has been the impact of COVID-19 on the global automotive aluminum market?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the product form?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global automotive aluminum industry and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Automotive Aluminum Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Form
    6.1    Cast Aluminum
        6.1.1 Market Trends
        6.1.2 Major Types
           6.1.2.1 Die-Casting
           6.1.2.2 Permanent Mold Casting
           6.1.2.3 Sand Casting
        6.1.3 Market Forecast
    6.2    Rolled Aluminum
        6.2.1 Market Trends
        6.2.2 Major Types
           6.2.2.1 Aluminum Plate
           6.2.2.2 Aluminum Sheet
           6.2.2.3 Aluminum Foil
        6.2.3 Market Forecast
    6.3    Extruded Alumnium
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Vehicle Type
    7.1    Passenger Cars
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Light Commercial Vehicles (LCV)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Heavy Commercial Vehicles (HCV)
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Application
    8.1    Powertrain
        8.1.1 Market Trends
        8.1.2 Major Types
           8.1.2.1 Pistons
           8.1.2.2 Engine Blocks
           8.1.2.3 Fuel Systems
           8.1.2.4 Heat Shields
           8.1.2.5 Heat Exchangers
        8.1.3 Market Forecast
    8.2    Chassis & Suspension
        8.2.1 Market Trends
        8.2.2 Major Types
           8.2.2.1 Suspension Parts
           8.2.2.2 Wheels
           8.2.2.3 Steering Systems
           8.2.2.4 Brake Systems
        8.2.3 Market Forecast
    8.3    Car Body 
        8.3.1 Market Trends
        8.3.2 Major Types
           8.2.2.1 Body Structure
           8.2.2.2 Roof and Trim
           8.2.2.3 Car Interiors
           8.2.2.4 Hang-on Parts
        8.3.3 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Indicators
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Alcoa Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Novelis
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 SWOT Analysis
        14.3.3    Rio Tinto Alcan
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    Constellium
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    BHP
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
        14.3.6    AMG Advanced Metallurgical
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials
        14.3.7    UACJ Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
           14.3.7.3 Financials
        14.3.8    Norsk Hydro ASA
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
           14.3.8.3 Financials
        14.3.9    Dana Holding Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
        14.3.10    Progress-Werk Oberkirch AG
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Jindal Aluminium
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio 
        14.3.12    Kaiser Aluminum
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis
        14.3.13    Lorin Industries
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio 
        14.3.14    Federal-Mogul Holding Corporation
           14.3.14.1 Company Overview
           14.3.14.2 Product Portfolio
        14.3.15    ElringKlinger AG
           14.3.15.1 Company Overview
           14.3.15.2 Product Portfolio
           14.3.15.3 Financials
        14.3.16    ThermoTec Automotive
           14.3.16.1 Company Overview
           14.3.16.2 Product Portfolio 

List of Figures

Figure 1: Global: Automotive Aluminum Market: Major Drivers and Challenges
Figure 2: Global: Automotive Aluminum Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Automotive Aluminum Market: Breakup by Product Form (in %), 2020
Figure 4: Global: Automotive Aluminum Market: Breakup by Vehicle Type (in %), 2020
Figure 5: Global: Automotive Aluminum Market: Breakup by Application (in %), 2020
Figure 6: Global: Automotive Aluminum Market: Breakup by Region (in %), 2020
Figure 7: Global: Automotive Aluminum Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Automotive Aluminum (Cast Aluminum) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Automotive Aluminum (Cast Aluminum) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Automotive Aluminum (Rolled Aluminum) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Automotive Aluminum (Rolled Aluminum) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Automotive Aluminum (Extruded Aluminum) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Automotive Aluminum (Extruded Aluminum) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Automotive Aluminum (Passenger Cars) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Automotive Aluminum (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Automotive Aluminum (Light Commercial Vehicles-LCV) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Automotive Aluminum (Light Commercial Vehicles-LCV) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Automotive Aluminum (Heavy Commercial Vehicles-HCV) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Automotive Aluminum (Heavy Commercial Vehicles-HCV) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Automotive Aluminum (Powertrain) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Automotive Aluminum (Powertrain) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Automotive Aluminum (Chassis and Suspension) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Automotive Aluminum (Chassis and Suspension) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Automotive Aluminum (Car Body) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Automotive Aluminum (Car Body) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: North America: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: North America: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: United States: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: United States: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Canada: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Canada: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Asia Pacific: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Asia Pacific: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: China: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: China: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Japan: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Japan: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: India: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: India: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: South Korea: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: South Korea: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Australia: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Australia: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Indonesia: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Indonesia: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Others: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Others: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Europe: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Europe: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Germany: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Germany: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: France: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: France: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: United Kingdom: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: United Kingdom: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Italy: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Italy: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Spain: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Spain: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Russia: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Russia: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Others: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Others: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Latin America: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Latin America: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Brazil: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Brazil: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Mexico: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Mexico: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Others: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Others: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Middle East and Africa: Automotive Aluminum Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Middle East and Africa: Automotive Aluminum Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Global: Automotive Aluminum Industry: SWOT Analysis
Figure 75: Global: Automotive Aluminum Industry: Value Chain Analysis
Figure 76: Global: Automotive Aluminum Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Automotive Aluminum Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Automotive Aluminum Market Forecast: Breakup by Product Form (in Million US$), 2021-2026
Table 3: Global: Automotive Aluminum Market Forecast: Breakup by Vehicle Type (in Million US$), 2021-2026
Table 4: Global: Automotive Aluminum Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Automotive Aluminum Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Automotive Aluminum Market: Competitive Structure
Table 7: Global: Automotive Aluminum Market: Key Players

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