Report overview
The global Aluminum Alloys for Automobiles market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Cast Aluminum Alloy Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Aluminum Alloys for Automobiles include Novelis, Alcoa, Hydro, Constellium N.V, AMG Advanced Metallurgical, UACJ Corporation, RIO Tinto, Kaiser and Aluminum Corporation of China Limited, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
The auto industry uses aluminum for the vehicle frame and body, electrical wiring, wheels, lamps, paint, transmission, air conditioner condenser and pipes, engine parts (pistons, radiator, cylinder head) and magnets (for speedometers, tachometers and air bags). The main alloys for auto manufacturing include: 1100, 2025, 3003, 3004, 3105, 4032, 5005, 5052, 5083, 5182, 5251, 5754, 6016, 6061, 6181, 7003, and 7046. Aluminum is available in various formats and tempers which further benefit its popularity in the auto industry. All vehicles need a body structure that is rigid, to support weight and stress and to securely tie together all of the individual components. Aluminium is well suited for use in vehicular design, as its mechanical properties as well as its light weight make it the responsible and sustainable choice.
This report aims to provide a comprehensive presentation of the global market for Aluminum Alloys for Automobiles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminum Alloys for Automobiles. This report contains market size and forecasts of Aluminum Alloys for Automobiles in global, including the following market information:
Global Aluminum Alloys for Automobiles Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Aluminum Alloys for Automobiles Market Sales, 2019-2024, 2025-2030, (Tons)
Global top five Aluminum Alloys for Automobiles companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Aluminum Alloys for Automobiles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aluminum Alloys for Automobiles Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Aluminum Alloys for Automobiles Market Segment Percentages, by Type, 2023 (%)
Cast Aluminum Alloy
Rolled Aluminum Alloy
Extruded Aluminum Alloy
Global Aluminum Alloys for Automobiles Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Aluminum Alloys for Automobiles Market Segment Percentages, by Application, 2023 (%)
Powertrain
Chassis and Suspension
Car Body
Others
Global Aluminum Alloys for Automobiles Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Aluminum Alloys for Automobiles Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aluminum Alloys for Automobiles revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Aluminum Alloys for Automobiles revenues share in global market, 2023 (%)
Key companies Aluminum Alloys for Automobiles sales in global market, 2019-2024 (Estimated), (Tons)
Key companies Aluminum Alloys for Automobiles sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Novelis
Alcoa
Hydro
Constellium N.V
AMG Advanced Metallurgical
UACJ Corporation
RIO Tinto
Kaiser
Aluminum Corporation of China Limited
Jiangsu Alcha Aluminium
Shandong Nanshan Aluminium
Mingtai Al
Apalt
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aluminum Alloys for Automobiles, market overview.
Chapter 2: Global Aluminum Alloys for Automobiles market size in revenue and volume.
Chapter 3: Detailed analysis of Aluminum Alloys for Automobiles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aluminum Alloys for Automobiles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Aluminum Alloys for Automobiles capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
