According to Stratistics MRC, the Global Automotive Aluminum Market is accounted for $44.20 billion in 2022 and is expected to reach $81.35 billion by 2028 growing at a CAGR of 10.7% during the forecast period.
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Aluminum is the most extensively used metal in automobiles automobiles owing to its properties such as being lightly weighted, corrosion resistance, high strength, and electrical and thermal conductivity and in commercial vehicles as it provides excellent safety and durability coupled with increase in fuel efficiency and reduced emissions.
Some of the key players profiled in the Automotive Aluminum Market include Novelis Inc., Constellium N.V., Rio Tinto, Dana Holding Corporation, Thermotec Automotive Products, Federal-Mogul Holding Corporation, Norsk Hydro ASA, Alcoa Inc, Lorin Industries and Aleris Corporation.
Products Covered:
• Extruded
• Cast
• Rolled
Vehicles Covered:
• Cars
• Sport Utility Vehicles (SUVs) & Crossovers
• Light Commercial Vehicles (LCV)
• Heavy Commercial Vehicles (HCV)
• Multi- Purpose Vehicles
Applications Covered:
• Car Body
• Chassis & Suspension
• Powertrain
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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