global automotive aluminum market 2015-2019
TRANSCRIPT
Global Automotive Aluminum Market 2015-2019
TechNavio Insights
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Market Overview: Automotive Aluminum
About Automotive Aluminum• Aluminum and its alloys have unique properties such as light weight, high tensile strength, and high corrosion resistance,
allowing it to replace steel that has conventionally been used to make an automobile's body and its components.
• It offers the safest, fastest, cost-effective, and an environmentally friendly way to boost fuel economy, reduce emissions, and increase performance, improving or maintaining durability and safety.
• Its use in passenger and commercial vehicles is accelerating. An automobile with components made of aluminum is more than 24 percent lighter than an automobile with components made of steel.
• The Global Automotive Aluminum market is growing steadily.
• With a rise in global automobile production, the demand for automotive aluminum, by the OEM segment, has gained momentum.
• The market is dominated by Asia and is followed by Europe, North America, and the ROW.
• The Global Automotive Aluminum market was valued at US$24.58 billion in 2014 and is expected to reach US$35.74 billion by 2019, growing at a CAGR of 7.77 percent during the forecast period.
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Covered in This Report
• This report covers the present scenario and the growth prospects of the Global Automotive Aluminum market for the period 2015-2019.
• The report includes the entire range of automobiles and spare parts using aluminum as a raw material.
• To calculate the market size, the report considers the revenue generated through the sales of automotive aluminumacross all geographies.
• It analyzes the sales of automotive aluminum to OEMs.
• It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market.
• In addition, the report discusses the major drivers that influence the growth of the Global Automotive Aluminum market.
• It also outlines the challenges faced by vendors and the market at large, and identifies the key trends that are emerging in the market.
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Key Regions
Asia
Europe
North America
ROW
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Key Vendors
Key Vendors• Alcoa Inc.
• Aluminum Corporation of China Ltd.
• Rio Tinto Alcan Inc.
• United Company RUSAL
Other Prominent Vendors• Aleris International
• BHP Billiton
• Constellium NV
• Dubai Aluminum
• Jindal Aluminum
• Kaiser Aluminum
• Lorin Industries
• Norsk Hydro
• Novelis
• Sapa Group
• Vedanta Aluminum
• Vimetco NV
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Market Drivers, Challenges and Trends
Guest BloggersDriver
• Increase in Legal Regulations.
• For a full, detailed list, view our report.
Challenge
• Increase in Average Wage .
• For a full, detailed list, view our report.
Trend
• Net Aluminum Pounds per Vehicle.
• For a full, detailed list, view our report.
A detailed analysis of each market driver, challenge and trend is available
in our report:
Global Automotive Aluminum Market 2015-2019
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Key Questions
Questions Answered in Our Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report.
Details are provided within the report.
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Global Automotive Aluminum Market 2015-2019
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TechNavio's report, Global Automotive Aluminum Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Published on: December 24, 2014 | 72 Pages | SKU: IRTNTR4903
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