Aluminum in the global automotive industry is expected to reach $42.4 billion by 2022

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Within the global automotive aluminum industry, the cast aluminum segment is expected to remain the largest market.

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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.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of aluminum in chassis and structural applications. Alcoa Inc., Novelis Inc., Norsk Hydro ASA (ADR), Constellium N.V., and Aleris International are the major aluminum suppliers in the global automotive industry.

The study includes a forecast for aluminum in the global automotive industry 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

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For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/aluminum_in_automotive_industry_17.aspx or helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

For more details contact:

Tushita Roy

Sr. Manager- Client Engagement,

Netherlands

+31-682270883

tushita.roy@lucintel.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aluminum-in-the-global-automotive-industry-is-expected-to-reach-424-billion-by-2022-300456443.html

SOURCE Lucintel

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