Report Feature
The future of the global automotive aluminum extrusion market looks promising with opportunities in the passenger car and commercial vehicle segments. The global automotive aluminum extrusion market is expected to grow with a CAGR of 9%-11% from 2021 to 2026. The major drivers for this market are rise in consumer trends towards fuel-efficient vehicles, growing demand for high strength materials, and increasing use of aluminum in electric and electric hybrid vehicles.
Emerging trends, which have a direct impact on the dynamics of the industry, include increased usage of aluminum extruded parts in electric vehicles, reduction in vehicle weight, and increase in the mileage of electric cars.
A total of 130 figures / charts and 104 tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive aluminum extrusion market report, please download the report brochure.
The study includes trends and forecast for the global automotive aluminum extrusion market by application, vehicle type, and region, as follows:
By Application [Value ($ Million) from 2015 to 2026]:
- Body Structure
- Transmission
- Interiors
- Exteriors
- Others
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
- Passenger Cars
- Commercial Vehicles
By Region [Value ($ Million) from 2015 to 2026]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- APAC
- China
- India
- Japan
- ROW
- Middle East
- Brazil
Some of the automotive aluminum extrusion companies profiled in this report include Novelis Inc., Constellium NV, Norsk Hydro ASA, Kaiser Aluminum, Bonnell Aluminum, CAPALEX, BENTLER International, Innoval Technology and Kobelco Aluminum Products & Extrusions Inc.
Lucintel forecasts that body structure will remain the largest application segment, and it is also expected to witness the highest growth over the forecast period due to the rise in demand for lightweight vehicles to achieve set MPG figures and lower the emission of greenhouse gases.
Within the global automotive aluminum extrusion market, the passenger car segment is expected to witness the highest growth over the forecast period due to the growing number of premium sedans and SUVs and rising high strength automotive parts by auto manufacturers to enhance safety.
APAC is expected to remain the largest market and witness the highest growth over the forecast period due to the rise in demand for electric vehicles.
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Features of the Global Automotive aluminum extrusion Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising growth opportunities for the global automotive aluminum extrusion market by application (body structure, transmission, interiors, exteriors, and others), vehicle type (passenger cars and commercial vehicles), and 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 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market? Q.5 What are the business risks and competitive threats in this market? Q.6 What are the emerging trends in this market and the reasons behind them? Q.7 What are some of the changing demands of customers in the market? Q.8 What are the new developments in the market and which companies are leading these developments? Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth? Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution? Q.11 What M & A activity did occur in the last five years? |
Table of Contents
1. Executive Summary
4.1 Global Automotive aluminum extrusion Market by Region
4.2.1 Market by Application: Body Structure, Transmission, Interiors, Exteriors and Others
4.2.2 Market by Vehicle Type: Passenger car and Commercial vehicle
4.2.3 The US Automotive aluminum extrusion Market
4.2.4 Canadian Automotive aluminum extrusion Market
4.2.5 Mexican Automotive aluminum extrusion Market
4.4.1 Market by Application: Body Structure, Transmission, Interiors, Exteriors And Others
4.4.2 Market by Vehicle Type: Passenger car and Commercial vehicle
4.4.3 Chinese Automotive aluminum extrusion Market
4.4.4 Japanese Automotive aluminum extrusion Market
4.4.5 Indian Automotive aluminum extrusion Market
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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