Cast aluminum is expected to remain the largest segment in the global automotive aluminum market

DALLAS, TX / May 13, 2021 /An exciting new study from the team of Lucintel found that automotive aluminum market is expected to reach $43.2 billion by 2025 with a CAGR of 6.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

The automotive aluminum market is segmented based on vehicle type, product form, application, and region. In this market, cast aluminum is the largest segment by product form, whereas passenger car is largest by vehicle type. Players can benefit from the available opportunities like stringent government regulations toward carbon emissions and increasing demand for aluminum in SUVs & crossovers, small cars, and compact cars.

The increasing use of aluminum in chassis and structural applications and development of advance manufacturing technologies to enhance the material strength are emerging trends having impact on dynamics of the industry.

Alcoa Inc., Novelis Inc., Norsk Hydro ASA, Constellium N.V., Kaiser Aluminum Corp., Aleris International, Inc., Aluminum Corporation of China Limited, Vimetco N.V are some of the major players profiled in this 280 page report.

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Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the automotive aluminum market by vehicle type (small cars, compact cars, mid-size cars, large cars, suvs and crossovers, multi-purpose vehicles, pickup trucks), by product form  (cast aluminum, rolled aluminum, extruded aluminum, others), by applications (engines, transmissions and powertrains, heat transfer, wheels and brakes, structural components, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the automotive aluminum market?

Q.4 What are some changing demands of customers in the automotive aluminum market?

Q.5 What are the new developments in the automotive aluminum market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive aluminum area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive aluminum market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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