Automotive Aluminum Market Top Key Players - Alcoa Inc., Novelis Inc., UACJ Corporation, Norsk Hydro ASA, AMG Advanced Metallurgical Group, Constellium NV, CHALCO, Rio Tinto, Aluminum Bahrain – Alba, Endurance Technologies Limited, NEMAK innovative Ligh

Cars are getting heavier to meet safety requirements (such as crash safety and pedestrian protection), handling, comfort and increased interior space. To preserve the environment, automobiles must comply with increasingly stringent emission regulations, including CO2 and NOX emissions. Various measures are being taken to minimize fuel consumption, including the development of new powertrains using hybrid systems or sophisticated diesel engines. First of all, reducing vehicle weight is recognized as one of the most effective ways to reduce fuel consumption.

Aluminum sheet is used to make a variety of automotive parts other than panels and structural profiles to reduce weight. Insulation and gas tank guards are two examples of products that insulate heat, noise and protect the body from dust. The engine compartment also has an exhaust manifold cover. These parts are made from general purpose aluminum alloys of the 1000 or 3000 series, which not only serve to reduce weight, but are also cost-competitive compared to galvanized steel sheets where aluminum alloys can be used instead of steel.

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GLOBAL AUTOMOTIVE ALUMINUM MARKET DYNAMICS

The European automotive sector is recognized worldwide for being technologically sophisticated and resource-rich. The increasing economic and political pressure to minimize fuel consumption and CO2 emissions has led to a significant increase in efforts to make vehicle designs lighter, and specific solutions based on the use of modified or newly developed aluminum alloys have been proposed. The average amount of aluminum used in passenger cars has more than quadrupled over the past decade, and developments based on new design concepts will continue to follow this trend going forward. At the same time, the European aluminum sector has created and launched many new lightweight solutions based on proven and improved aluminum alloys and optimized aluminum-oriented vehicle designs.

GLOBAL AUTOMOTIVE ALUMINUM MARKET SEGMENTATION

The Global Automotive Aluminum Market can be segmented into following categories for further analysis.

By Type
• Cast Aluminum
• Rolled Aluminum
• Extruded Aluminum

By Vehicle Application Component Type

• Powertrain Component
• Chassis Component
• Suspension Components
• Car Body Component

By Technological Usage Type

• IC Engine Usage
• Hybrid Propulsion Engine Usage

By Regional Classification

• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region

COMPETITIVE LANDSCAPE

The automotive industry uses advanced material technologies to achieve the overall goal of reducing vehicle weight to improve fuel economy, improve passenger safety and crash survivability, and extend vehicle life through improved fatigue strength and corrosion control. One of the most critical steps in the production of AHSS is to rapidly heat the steel to the high temperature required for the austenite phase transition to occur. Induction heating appears to be a useful alternative to conventional radiant tube technology in these applications due to its miniaturization, low thermal inertia and good reliability.

COMPANIES PROFILED

• Alcoa Inc.
• Novelis Inc.
• UACJ Corporation
• Norsk Hydro ASA
• AMG Advanced Metallurgical Group
• Constellium NV
• CHALCO
• Rio Tinto
• Aluminum Bahrain – Alba
• Endurance Technologies Limited
• NEMAK innovative Light weighting
• CITIC Dicastal Co Ltd

Read More Information: https://mobilityforesights.com/product/automotive-aluminum-market/

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