Alloys for Automotive Market Research Report – Global Forecast to 2027

Alloys for Automotive Market Information Report by Type (Iron, Titanium, Steel), by Application (Chassis, Powertrain), by Vehicles (Passenger Vehicle and Commercial Vehicles) and by Region - Global Forecast to 2027

ID: MRFR/AM/1378-HCR | February 2021 | Region: Global | 100 pages

Alloys for Automotive Market Scenario


The report for Global Alloys for Automotive Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.


Regional Analysis


Asia Pacific is dominating the global market and followed by North America and Europe. Asia Pacific is expected to be leading the market by the end of the forecasted period due to increasing annual vehicle production and demand of vehicles in this region. Developing countries such as China, Japan and India are the key markets for alloys in the Asia Pacific region.


Key Players


The leading players in the Alloys for Automotive market are ArcelorMittal SA (Luxembourg), Aditya Birla Group (India), Alcoa Inc. (U.S.), UACJ Corporation (Japan), ThyssenKrupp AG (Germany), Kobe Steel, Ltd. (Japan), Norsk Hydro ASA (Norway), AMG Advanced Metallurgical Group NV (Netherlands), and Constellium (Netherlands), and AGCO Corporation (U.S) and others.


Key Players


The leading players in the Alloys for Automotive market are ArcelorMittal SA (Luxembourg), Aditya Birla Group (India), Alcoa Inc. (U.S.), UACJ Corporation (Japan), ThyssenKrupp AG (Germany), Kobe Steel, Ltd. (Japan), Norsk Hydro ASA (Norway), AMG Advanced Metallurgical Group NV (Netherlands), and Constellium (Netherlands), and AGCO Corporation (U.S) and others.


Market Segmentation


 Alloys for Automotive Market Segmentation


An alloy is a mixture of two or more chemical elements, one of which is a metal and is used in a wide variety of applications. In some cases, to reduce the cost of the material while in other cases, to provide strength, reduce overall weight and resistance to corrosion over pure metals. Automotive applications of alloys are growing due to increasing demand for more fuel efficient vehicles to reduce fuel consumption and air pollution. The growing demand for fuel efficient vehicles with reduced weight and improved performance is the major driving factor of alloys for automotive market. Strict government regulations for environmental safety are also driving the alloys for automotive market. Global market is expected to register a CAGR of about 7%.


Global Alloys for Automotive Market, By Region, 2016 (USD billion)


Global Alloys for Automotive Market, By Region, 2016 (USD billion)


Intended Audience



  • Vehicles manufacturers

  • Alloys manufacturers

  • Technology investors

  • Scientists and Researchers

  • Government as well as Independent Regulatory Authorities


Geographic Analysis




  • Geographical analysis across 21 countries




Company Information



  • Profiling of key market players

  • SWOT analysis, and strategy  information of top five profile players in the report

  • Competitive landscape including emerging trends adopted by major companies


The report covers brief analysis of country level market information –



  • North America

    • U.S.

    • Canada

    • Mexico

    • South America

    • Brazil

    • Argentina

    • Rest Of South America



  • Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Rest Of Europe



  • Asia–Pacific

    • China

    • India

    • Japan

    • Rest of Asia Pacific



  • Middle East & Africa

    • Saudi Arabia

    • UAE

    • Qatar

    • South Africa

    • Rest Of Middle East & Africa




Study Objectives



  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Alloys for Automotive Market.

  • To provide insights about factors affecting the market growth.

  • To Analyze the Global Alloys for Automotive Market based on various factors such as supply chain analysis, and Porter’s five force analysis.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries.

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segments by Type, by Application, by Vehicles and sub segments.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global alloys for automotive industry.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   7% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Type, by Application, by Vehicles
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   ArcelorMittal SA (Luxembourg), Aditya Birla Group (India), Alcoa Inc. (U.S.), UACJ Corporation (Japan), ThyssenKrupp AG (Germany), Kobe Steel, Ltd. (Japan), Norsk Hydro ASA (Norway), AMG Advanced Metallurgical Group NV (Netherlands), and Constellium (Netherlands), and AGCO Corporation (U.S)
  Key Market Opportunities

  • Reduce overall weight
  • Resistance to corrosion over pure metals.
  •   Key Market Drivers

  • fuel efficient vehicles
  • Reduced weight
  • Improved performance


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    Frequently Asked Questions (FAQ) :


    The market growth rate in the near future can be 7%.

    The market value by 2023 can be moderate but steady, given the rising instances of fatal accidents and the growing need to curb these instances all over the world.

    The leading companies are AMG Advanced Metallurgical Group NV (Netherlands), Alcoa Inc. (U.S.), Constellium (Netherlands), ThyssenKrupp AG (Germany), AGCO Corporation (U.S), Aditya Birla Group (India), Kobe Steel, Ltd. (Japan), ArcelorMittal SA (Luxembourg), Norsk Hydro ASA (Norway), UACJ Corporation (Japan), and others.

    Asia Pacific is currently dominating the global market and can retain its position in the coming years.

    The primary types discussed in the report are iron, steel, copper, titanium and others.