Growth Opportunities for Aluminum in the Global Automotive Industry

NEW YORK, April 25, 2017 /PRNewswire/ --

Trends, opportunities and forecast in this market to 2022 by vehicle type (Small Cars, Compact Cars, Mid-Size Cars, Large Cars, SUVs and Crossovers, MPVs, and Pickups), product form (Cast Aluminum, Rolled Aluminum, Extruded Aluminum), application type (Engine, Transmission and Driveline, Heat Transfer, Wheels and Brakes, Structural Component), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Read the full report: http://www.reportlinker.com/p04837536/Growth-Opportunities-for-Aluminum-in-the-Global-Automotive-Industry.html

The future of aluminum in the global automotive industry looks good with opportunities in the segments of passenger cars and commercial vehicles. Aluminum in the global automotive industry is expected to reach an estimated $42.4 billion by 2022 and it is forecast to grow at a CAGR of 7.4% from 2017 to 2022. The major drivers of growth for this market are increasing vehicle production, government regulations on the fuel economy and emission controls, increasing stringent safety regulations, and increasing gasoline prices.

Emerging trends, which have a direct impact on the dynamics of the aluminum in the global automotive industry, include increasing use of aluminum in chassis and structural applications.

The study includes the aluminum in the global automotive industry size and forecast for aluminum in the global automotive industry through 2022 by vehicle type, product form, application type, and region, as follows:

Aluminum in the global automotive industry by vehicle type ($ Million and kilo tons from 2011 to 2022)

• Small Cars
• Compact Cars
• Mid-Size Cars
• Large Cars
• SUVs & Crossovers
• Multi-Purpose Vehicles
• Pickup Trucks

Aluminum in the global automotive industry by Product Forms ($ Million from 2011 to 2022)

• Cast Aluminum
• Rolled Aluminum
• Extruded Aluminum
• Others

Aluminum in the global automotive industry by application type ($ Million from 2011 to 2022)

• Engines
• Transmissions and Drivelines
• Heat Transfer Systems
• Wheels and Brakes
• Structural Components

Aluminum in the global automotive industry by region ($ Million from 2011 to 2022)

• North America
• US
• Canada
• Mexico
• Europe
• United Kingdom
• Italy
• France
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Indonesia
• South Korea
• The Rest of the World
• Brazil
• Argentina

Aluminum in the global automotive industry companies profiled in this market include Alcoa Inc., Novelis Inc., Norsk Hydro ASA (ADR), Constellium N.V., and Aleris International are the major aluminum suppliers in the global automotive industry.

On the basis of our comprehensive research, Lucintel forecasts that the extruded aluminum and rolled aluminum segments are expected to show above average growth during the forecast period.

Within the global automotive aluminum industry, the cast aluminum segment is expected to remain the largest market. Casting is a simple, inexpensive, and versatile way of forming aluminum into a wide array of products, which is expected to spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest region due to high vehicle production, improving economic conditions, and increasing investments by the industry players within the APAC region.

Some of the features of "Growth Opportunities for Aluminum in the Global Automotive Industry 2017-2022: Trends, Forecast, and Opportunity Analysis" include:
- Market size estimates: Aluminum in the global automotive industry size estimation in terms of value ($M) and volume (kilo tons) shipment.
- Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by segments and region.
- Segmentation analysis: Aluminum in the global automotive industry size by various applications such as vehicle, product forms, and application in terms of value and volume shipment.
- Regional analysis: Aluminum in the global automotive industry breakdown by key regions such as North America, Europe, and Asia & Rest of World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of aluminum in the global automotive industry.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of aluminum in the global automotive suppliers.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers the following 11 key questions:

Q.1 What are some of the most promising, high-growth opportunities for aluminum in the automotive industry by vehicle type (Small Cars, Compact Cars, Mid-Size Cars, Large Cars, SUVs and Crossovers, MPVs, and Pickups), product form (Cast Aluminum, Rolled Aluminum, Extruded Aluminum), application type (Engine, Transmission and Driveline, Heat Transfer, Wheels and Brakes, Structural Component), 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, challenges and business risks of aluminum in the global automotive industry market? Q.5 What are the business risks and competitive threats in aluminum in the global automotive industry market? Q.6 What are the emerging trends in aluminum in the global automotive industry market and reasons behind them? Q.7 What are some of the changing demands of customers in the aluminum in the global automotive industry market? Q.8 What are the new developments in the aluminum in the global automotive industry market? Which companies are leading these developments? Q.9 Who are the major players in aluminum in the global automotive industry market? What strategic initiatives are key players pursuing for business growth? Q.10 What are some of the competing products in aluminum in the global automotive industry market and how big of a threat do they pose for loss of market share by material / product substitution? Q.11 What M&A activity has occurred in aluminum in the global automotive industry for the last 5 years and what has its impact been on the industry?

Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 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 in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the market. Some of the manufacturers in global automotive aluminum industry are Novelis Inc., Alcoa Inc., Constellium N.V., Aleris International, Norsk Hydro ASA (ADR), and others.

Read the full report: http://www.reportlinker.com/p04837536/Growth-Opportunities-for-Aluminum-in-the-Global-Automotive-Industry.html

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