
Automotive Aluminum Alloy Oe Market
Automotive Aluminum Alloy (OE) Market Forecasts to 2028 – Global Analysis By Product (Cast Aluminium, Rolled Aluminium), Channel (Aftermarket, OEM), Application (Wheels, Driveline, Body Parts) and By Geography

According to Stratistics MRC, the Global Automotive Aluminum Alloy (OE) Market is accounted for $4,038.53 million in 2020 and is expected to reach $10,435.91 million by 2028 growing at a CAGR of 12.6% during the forecast period. Developments and advancements in the transportation sector, growing demand for electric vehicles across the globe and high utilization of aluminum in vehicle manufacturing application are driving the market growth. However, high cost associated with the technology and engineering barriers are hampering the growth of the market.
Aluminum is being utilized in the body and different parts of vehicles by manufacturers for light weighting their vehicles leading to better fuel efficiency. Automotive aluminum alloys are used in manufacturing of powertrain, chassis, and exterior and interior parts of commercial and passenger vehicles to reduce their weight and increase fuel efficiency.
Based on the application, the heat exchanger segment is going to have lucrative growth during the forecast period as heat exchangers are widely employed in vehicles for various applications such as engine cooling, fuel cooling, condenser and evaporators for air conditioning system. Aluminum alloy has high thermal conductivity, corrosion resistance property and good formability owing to which aluminum is used in heat exchangers. By geography, Asia Pacific is going to have high growth during the forecast period due to the presence of a prominent automotive industry in the developing nations, high vehicle production and increasing production and sales of electric vehicles, especially in China.
Some of the key players profiled in the Automotive Aluminum Alloy (OE) Market include ArcelorMittal SA, UACJ Corporation, ThyssenKrupp AG, Novelis Inc., AMG Advanced Metallurgical Group NV, Massey Ferguson Ltd, Kobe Steel, Ltd., Constellium NV, Alcoa Inc. and Norsk Hydro ASA.
Report Coverage |
Details |
Published Year: |
2021 |
Estimated Market Size in 2020: |
USD 4,038.53 million |
Estimated Period: |
2020 |
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
12.6% |
Predicted 2028 Value: |
USD 10,435.91 million |
Forecast Years: |
2021-2028 |
Tables, Graphs& Figures |
187 |
Chapters Covered: |
Type, Vehicle Type, Product, Sales Channel, Application, Heat Sensitivity Type and Region |
Core Drivers and Opportunities: |
|
Restraining Factors & Market Threats: |
|
Types Covered:
• 10 mg
• 20 mg
• 30 mg
Vehicle Types Covered:
• Passenger Vehicles
• Commercial Vehicle
• Electric Vehicle
Products Covered:
• Cast Aluminium
• Rolled Aluminium
• Extruded Aluminium
Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)
Applications Covered:
• Wheels
• Heat Exchanger
• Engine Component
• Driveline
• Body Parts
Heat Sensitivity Types Covered:
• Heat-Treatable (Al-Mg-Si)
• Non Heat-Treatable (Al-Mg-Mn)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Automotive Aluminum Alloy (OE) Market is majorly driven by increasing demand for electric vehicles across the globe, advancements in the transportation sector and high utilization of aluminum in vehicle manufacturing application.
The heat exchanger segment is growing at a highest CAGR as heat exchangers are highly employed in vehicles for various applications. Aluminum alloy has high thermal conductivity, corrosion resistance property and good formability due to which aluminum is used in heat exchangers.
Europe dominated with a significant market share due to the high usage of aluminum used in vehicles, rise in the number of lightweight vehicles and the implementation of stringent emission norms in the region.
Asia Pacific region is growing at a highest CAGR owing to the presence of a prominent automotive industry in the developing nations, high vehicle production and increasing production and sales of electric vehicles, especially in China.
Key players in Automotive Aluminum Alloy (OE) Market include Arcelor Mittal SA, UACJ Corporation, ThyssenKrupp AG, Novelis Inc., AMG Advanced Metallurgical Group NV, Massey Ferguson Ltd, Kobe Steel, Ltd., Constellium NV, Alcoa Inc. and Norsk Hydro ASA.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Aluminum Alloy (OE) Market, By Type
5.1 Introduction
5.2 10 mg
5.3 20 mg
5.4 30 mg
6 Global Automotive Aluminum Alloy (OE) Market, By Vehicle Type
6.1 Introduction
6.2 Passenger Vehicles
6.3 Commercial Vehicle
6.3.1 Light Commercial Vehicle
6.3.2 Heavy Commercial Vehicle
6.4 Electric Vehicle
6.4.1 Plug-in Hybrid Electric Vehicles
6.4.2 Hybrid Electric Vehicle
6.4.3 Battery Electric Vehicle
7 Global Automotive Aluminum Alloy (OE) Market, By Product
7.1 Introduction
7.2 Cast Aluminium
7.3 Rolled Aluminium
7.4 Extruded Aluminium
8 Global Automotive Aluminum Alloy (OE) Market, By Sales Channel
8.1 Introduction
8.2 Aftermarket
8.3 Original Equipment Manufacturer (OEM)
9 Global Automotive Aluminum Alloy (OE) Market, By Application
9.1 Introduction
9.2 Wheels
9.3 Heat Exchanger
9.4 Engine Component
9.5 Driveline
9.6 Body Parts
10 Global Automotive Aluminum Alloy (OE) Market, By Heat Sensitivity Type
10.1 Introduction
10.2 Heat-Treatable (Al-Mg-Si)
10.3 Non Heat-Treatable (Al-Mg-Mn)
11 Global Automotive Aluminum Alloy (OE) Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 ArcelorMittal SA
13.2 UACJ Corporation
13.3 ThyssenKrupp AG
13.4 Novelis Inc.
13.5 AMG Advanced Metallurgical Group NV
13.6 Massey Ferguson Ltd
13.7 Kobe Steel, Ltd.
13.8 Constellium NV
13.9 Alcoa Inc.
13.10 Norsk Hydro ASA
List of Tables
1 Global Automotive Aluminum Alloy (OE) Market Outlook, By Region (2019-2028) ($MN)
2 Global Automotive Aluminum Alloy (OE) Market Outlook, By Type (2019-2028) ($MN)
3 Global Automotive Aluminum Alloy (OE) Market Outlook, By 10 mg (2019-2028) ($MN)
4 Global Automotive Aluminum Alloy (OE) Market Outlook, By 20 mg (2019-2028) ($MN)
5 Global Automotive Aluminum Alloy (OE) Market Outlook, By 30 mg (2019-2028) ($MN)
6 Global Automotive Aluminum Alloy (OE) Market Outlook, By Vehicle Type (2019-2028) ($MN)
7 Global Automotive Aluminum Alloy (OE) Market Outlook, By Passenger Vehicles (2019-2028) ($MN)
8 Global Automotive Aluminum Alloy (OE) Market Outlook, By Commercial Vehicle (2019-2028) ($MN)
9 Global Automotive Aluminum Alloy (OE) Market Outlook, By Light Commercial Vehicle (2019-2028) ($MN)
10 Global Automotive Aluminum Alloy (OE) Market Outlook, By Heavy Commercial Vehicle (2019-2028) ($MN)
11 Global Automotive Aluminum Alloy (OE) Market Outlook, By Electric Vehicle (2019-2028) ($MN)
12 Global Automotive Aluminum Alloy (OE) Market Outlook, By Plug-in Hybrid Electric Vehicles (2019-2028) ($MN)
13 Global Automotive Aluminum Alloy (OE) Market Outlook, By Hybrid Electric Vehicle (2019-2028) ($MN)
14 Global Automotive Aluminum Alloy (OE) Market Outlook, By Battery Electric Vehicle (2019-2028) ($MN)
15 Global Automotive Aluminum Alloy (OE) Market Outlook, By Product (2019-2028) ($MN)
16 Global Automotive Aluminum Alloy (OE) Market Outlook, By Cast Aluminium (2019-2028) ($MN)
17 Global Automotive Aluminum Alloy (OE) Market Outlook, By Rolled Aluminium (2019-2028) ($MN)
18 Global Automotive Aluminum Alloy (OE) Market Outlook, By Extruded Aluminium (2019-2028) ($MN)
19 Global Automotive Aluminum Alloy (OE) Market Outlook, By Sales Channel (2019-2028) ($MN)
20 Global Automotive Aluminum Alloy (OE) Market Outlook, By Aftermarket (2019-2028) ($MN)
21 Global Automotive Aluminum Alloy (OE) Market Outlook, By Original Equipment Manufacturer (OEM) (2019-2028) ($MN)
22 Global Automotive Aluminum Alloy (OE) Market Outlook, By Application (2019-2028) ($MN)
23 Global Automotive Aluminum Alloy (OE) Market Outlook, By Wheels (2019-2028) ($MN)
24 Global Automotive Aluminum Alloy (OE) Market Outlook, By Heat Exchanger (2019-2028) ($MN)
25 Global Automotive Aluminum Alloy (OE) Market Outlook, By Engine Component (2019-2028) ($MN)
26 Global Automotive Aluminum Alloy (OE) Market Outlook, By Driveline (2019-2028) ($MN)
27 Global Automotive Aluminum Alloy (OE) Market Outlook, By Body Parts (2019-2028) ($MN)
28 Global Automotive Aluminum Alloy (OE) Market Outlook, By Heat Sensitivity Type (2019-2028) ($MN)
29 Global Automotive Aluminum Alloy (OE) Market Outlook, By Heat-Treatable (Al-Mg-Si) (2019-2028) ($MN)
30 Global Automotive Aluminum Alloy (OE) Market Outlook, By Non Heat-Treatable (Al-Mg-Mn) (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?

Assured Quality
Best in class reports with high standard of research integrity

24X7 Research Support
Continuous support to ensure the best customer experience.

Free Customization
Adding more values to your product of interest.

Safe & Secure Access
Providing a secured environment for all online transactions.

Trusted by 600+ Brands
Serving the most reputed brands across the world.