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Outlook on the Automotive Aluminium Alloy Global Market to 2026 - Competition, Forecast & Opportunities


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The global automotive aluminium alloy market is expected to register strong growth during the forecast period, owing to increasing vehicle production and technological advancements. Automobile manufacturers are focusing on reducing vehicle weight by using aluminium in the body and various parts of vehicles. Use of aluminium lowers vehicle weight, thus improving its efficiency and stability. As a result, employment of aluminium alloy in vehicle parts such as closures, chassis and wheels is increasing.
On the basis of product form, the Global Automotive Aluminium Alloy Market has been segmented into cast aluminium, rolled aluminium and extruded aluminium. The demand for cast aluminium is increasing and the trend is likely to continue in the coming years, owing to the growing demand for lightweight components, such as engines and powertrain, which can be made with cast aluminium. Based on vehicl ....

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