Global Aluminum Market for Automotive Industry

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Global Aluminum Market
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Summary
Bharat Book Announces the Publication of its
Research Report Global Aluminum Market for the
Automotive Industry 2016-2020 Bharat Book
recognizes the following companies as the key
players in the global aluminum market for
automotive industry Alcoa, Aleris, Chalco,
Constellium, Norsk Hydro, and Novelis. Other
Prominent Vendors in the market are Kaiser
Aluminum, Rio Tinto Alcan, and RUSAL.
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Commenting on the report, an analyst from Bharat
Book team said A trend which is driving market
growth is the use of aluminum products in crash
management systems. The crash management systems
consider factors such as the ability to absorb
collision energy, requirement of staying intact
at high-speed impacts, weight management, initial
and repair cost, and manufacturability. These are
structural automotive models consisting of
bumpers and other attachments connected to a
longitudinal beam of the car to absorb maximum
collision force during accidents. Aluminum
extrusions are ideal material for crash
management system as they are lightweight and
cost effective.
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According to the report, a key growth driver is
the shift from ferrous to non-ferrous casting.
Over the last couple of years, there is a growing
demand for aluminum and other non-ferrous
materials in the automotive industry for
developing lightweight and high-quality products.
In addition, a shift from traditional metals such
as steel to aluminum has been noted. Further,
the report states that one challenge that could
curtail market growth is fluctuating LME prices.
In July 2008, aluminum prices were 3,067.
Post-recession during first half of 2010, the
prices of aluminum, came down due to an
oversupply of inventory and less demand.
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However, following the recovery of the economy,
the prices rose during October 2010 to July 2010.
Currently, the trend is again moving toward the
recession period where the prices were low. Metal
premiums on upstream products are increasing
while the LME base price is in downturn from 2012
to 2015. The study was conducted using an
objective combination of primary and secondary
information including inputs from key
participants in the industry. The report contains
a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors.
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Table of Contents
1 Executive summary 2 Scope of the report 3
Market research methodology 4 Introduction 5
Global aluminum market outlook 6 Global
automotive market outlook 7 Market landscape 8
Global aluminum pricing trend 9 Aluminum
industry value chain 10 Market segmentation by
type
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To view the full Executive Summary and Table of
Contents, please visit Global Aluminum
Market Contact Us-Call India
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