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Automotive Metal Market Size, Share | Industry Report 2026

03-15-2019 01:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ameri Research Inc.

Automotive Metal Market Size

Automotive Metal Market Size

The global Automotive Metal Market was valued at $92.34Billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2026 global sales of $135.8Billion.

Automotive industries have identified the use of light weighting as a response to increasing pressure to reduce emissions & improve fuel economy. Automotive Metal is formed by an industrial process into thin, flat pieces which can be bent & cut into a variety of shapes. The most common sheet metal is used in automotive to make bodies is steel. It is reasonably cheap & easy to press into shape to make body parts. Aluminum is also used automotive metal because it is lighter but harder to bend into tight shapes without cracking, it is also harder to weld in mass production. About 60 % of a car weights made from steel. Globally 100 million metric tons of metal consumed annually by the auto market in which 87 million tons of steel are majorly used for the purpose high strength, low cost, easy to produce. Technological advancement in automotive industries has led to increasing use of magnesium & aluminum alloys. Steel sheet metal are expected to account for about 28 % of materials are used in the production of passenger vehicles by 2026

We have observed the significant growth of automotive metal market by the application of body structure which boost the demand of this segment growth of 6.8 % in terms of revenue from 2017 to 2025. Body structure the most important criteria that a material should meet are economic effectiveness, lightweight, recyclability, & lifecycle consideration which boost the demands of automotive metal market during the forecast period.

Click the link below to view the report description:
www.ameriresearch.com/product/automotive-metal-market/

Key findings from the study: -
• We have segmented the Automotive Metal Market based on product categories as Steel, Aluminum, Magnesium, Other automotive metals.
• We have segmented the Automotive Metal market based on Application are Body Structure, Power train, Suspension, Other applications.
• The key market participants include China Steel Corporation, Hyundai Steel Co., Ltd, Allegheny Technologies, Nippon Steel & Sumitomo Metal Corporation, Alcoa, Kaiser Aluminum, Thyssenkrupp AG, United States Steel Corporation.

Ameri Research has segmented the Automotive Metal Market by material categories, product type, end-use and region:

Market Segmentation:

Automotive Metal Market by product Categories(Revenue, Million, 2018 – 2026)
• Steel
• Aluminum
• Magnesium
• Other automotive metals

Automotive Metal Market by Application (Revenue, Million, 2018 – 2026)

• Body Structure
• Power train
• Suspension
• Other applications

Automotive Metal Market by End-Use (Revenue, Million, 2018 – 2026)
• Passenger Cars
• Light commercial vehicles
• Heavy commercial vehicles

Automotive Metal Market Regional Outlook (Revenue, USD Million, 2018- 2026)

• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
• Latin America
o Brazil
o Mexico
o Columbia
• Middle East and Africa
o South Africa
o Saudi Arabia

Browse Full Report @ www.ameriresearch.com/product/automotive-metal-market/

About Us:

Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-

Market Mapping
Opportunity Assessment
Positioning
Pricing Analysis
Market Entry Strategy
Competitive Intelligence
Program Evaluation
Performance Reporting
Data Analytics
Developing a culture of collaboration and curiosity, we attract the highest caliber of likeminded people having ability to influence and shape the future.

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Contact Us:

Ameri Research Inc.
6816 Muncaster Ct,
Tampa, FL 33625
United States.
Tel: 1-813-666-0858
Email: Inquiry@ameriresearch.com
Web: www.ameriresearch.com

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