Automotive Aluminum Market by Product Form, Application, Vehicle Type, Region - Global Forecast to 2026 Speak To Analyst
The rolled aluminum segment of the automotive aluminum market is projected to grow at the highest CAGR from 2016 to 2026. Rolled aluminum is manufactured by passing aluminum between rolls under pressure. This results in the formation of thin and long rolls of aluminum in the direction, wherein it is moving. Rolled aluminum process is used to form three major forms of aluminum, namely, aluminum sheets, aluminum foils, and aluminum plates. Growth of the rolled aluminum segment of the aluminum automotive market can be attributed to increasing use of rolled aluminum in the manufacturing of body parts of cars to increase their fuel efficiency and reduce their weight.
Key Target Audience: Manufacturers of Automotive Aluminum Traders, Distributors, and Suppliers of Automotive Aluminum End-Use Industries Operating in the Supply Chain of Automotive Aluminum Government and Research Organizations Investment Banks and Private Equity Firms • • • • • REQUEST BUNDLE REPORTS
Scope of the Report: This research report categorizes the automotive aluminum market on the basis of product form, application, vehicle type, and region. It forecasts revenues as well as analyzes trends in each of the submarkets. On the basis of Application: Powertrain Chassis & Suspension Car Body • • •
Automotive Aluminum Market, by Region: Asia-Pacific Europe North America Middle East & Africa Latin America • • • • • Download PDF Brochure
Among applications, the car body segment of the automotive aluminum market is projected to grow at the highest CAGR during the forecast period. The car body application segment accounted for the third-largest share of the automotive aluminum market in 2016. This segment is projected to grow at the highest CAGR from 2016 to 2026. The growth of this segment can mainly be attributed to increasing use of rolled aluminum by automobile manufacturers for manufacturing car bodies to reduce weight of cars, thereby resulting in improved fuel efficiency as well as driving dynamics of vehicles.
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