Global Automotive Aluminum Market is predicted to reach USD 133.51 billion at a CAGR of 12.80% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Automotive Aluminum Market” that contains information from 2022 to 2030. The Global Automotive Aluminum Market is estimated to register a CAGR of 12.80% during the forecast period of 2022 to 2030.

MRFR recognizes the following companies as the key players in the Global Automotive Aluminum Market— Alcoa Corporation, Novelis Inc, UACJ Corporation, Norsk Hydro ASA, AMG Advanced Metallurgical Group, Constellium, Aluminum Corporation of China Limited, Rio Tinto Group, Aleris Corporation, Autoneum Holding AG, Dana Limited, Elring, Klinger AG, Progress-Werk Oberkirch AG, JINDAL ALUMINIUM LTD, Kaiser Aluminum, and Lorin Industries.

Market Highlights

Global Automotive Aluminum Market is accounted to register a CAGR of 12.80% during the forecast period and is estimated to reach USD 133.51 Billion by 2030.

Automotive aluminum refers to the use of aluminum and aluminum alloys in the manufacturing and construction of various components and parts within the automotive industry. Aluminum is a lightweight and corrosion-resistant metal that offers several advantages when used in the production of vehicles. It is utilized for creating various parts, such as engine blocks, cylinder heads, wheels, body panels, chassis components, and other structural elements in automobiles. The adoption of automotive aluminum serves to reduce the overall weight of vehicles, leading to improved fuel efficiency, better handling, and reduced emissions. Additionally, aluminum's malleability and strength allow for the creation of intricate and complex shapes that can enhance vehicle design and performance. This material has become increasingly popular in the automotive industry as manufacturers strive to meet regulatory requirements for fuel economy and emissions while maintaining or enhancing vehicle performance and safety.

Segment Analysis

The Global Automotive Aluminum Market has been segmented based on Product Type, Application, and Vehicle Type.

Based on Product Type, the market is segmented into Cast Aluminum, Rolled Aluminum, and Extruded Aluminum. The dominance of Cast Aluminum in the Automotive Aluminum market is attributed to its versatile molding capabilities, lightweight yet strong properties, cost-effective production, and alignment with sustainability goals.

Based on Application, the market is segmented into Powertrain, Chassis & Suspension, and Car Body. The Powertrain category's market dominance is owed to its crucial role in propelling vehicle performance and efficiency, encompassing engine, transmission, and drivetrain components.

Based on Vehicle Type, the market is segmented into Passenger Cars, LCVs, and HCV. The Passenger Car category's market dominance is owed to its widespread consumer demand, daily usability, and role as a primary mode of personal transportation.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Aluminum Market Analysis Report

Regional Analysis

The Global Automotive Aluminum Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Automotive Aluminum Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Automotive Aluminum Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Automotive Aluminum Market comprises of Middle East, Africa, and Latin America.

In the Asia-Pacific region, rapid industrialization is fueling its status as the swiftest-expanding market. Emerging economies such as India, South Korea, Thailand, and Malaysia present substantial growth opportunities, while the demand for luxury vehicles, bolstered by disposable income, consistently propels the automotive aluminum market's growth.

Claiming the second-largest market share, Europe's Automotive Aluminum market is poised for robust demand due to population growth and a surge in the demand for cutting-edge automobile technology in the region. Remarkably, Germany's Automotive Aluminum market commands the most substantial market portion, while the UK's market emerges as the fastest-growing within Europe.

Anticipated to dominate, the North American Automotive Aluminum market is being driven by the implementation of Corporate Average Fuel Economy (CAFE) standards, with initiatives to bolster the automotive sector following a 38% YoY decline in vehicle sales due to COVID-19. As such efforts boost the automotive industry and passenger car sales, the demand for automotive aluminum is expected to rise in the foreseeable future.

Key Findings of the Study

• The Global Automotive Aluminum Market is expected to reach USD 133.51 Billion by 2030, at a CAGR of 12.80% during the forecast period.


• The Asia-Pacific region is experiencing rapid industrialization, driving its status as the fastest-growing market. Notably, emerging economies like India, South Korea, Thailand, and Malaysia hold significant growth potential within the automotive aluminum sector, attributed to rising disposable incomes fostering demand for luxury vehicles.


• Based on the Product Type, the Market has been segmented into Cast Aluminum the largest market in 2022.


• Alcoa Corporation, Novelis Inc, UACJ Corporation, Norsk Hydro ASA, AMG Advanced Metallurgical Group, Constellium, Aluminum Corporation of China Limited, Rio Tinto Group, Aleris Corporation, Autoneum Holding AG, Dana Limited, Elring, Klinger AG, Progress-Werk Oberkirch AG, JINDAL ALUMINIUM LTD, Kaiser Aluminum, Lorin Industries.