Aluminum in the Automotive Market
Aluminum in the Automotive Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Aluminum in the Automotive Market Size and Growth
The Aluminum in the Automotive market research report highlights the growing demand for lightweight materials in the automotive industry, with aluminum being a popular choice due to its strength and fuel efficiency benefits. The market size for aluminum in the automotive sector is projected to reach $XX billion by 2025.
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Companies Covered
(Covid 19 Impact Covered)
◍ Alcoa
◍ Novelis
◍ Norsk Hydro ASA
◍ Constellium N.V.
◍ Kaiser Aluminum
◍ Aleris International
◍ Aluminumoration of China
◍ Vimetco N.V.
The competitive landscape of aluminum in the automotive market includes key players like Alcoa, Novelis, Norsk Hydro ASA, Constellium N.V., Kaiser Aluminum, Aleris International, Aluminum Corporation of China, and Vimetco N.V. These companies provide lightweight aluminum solutions for automakers, contributing to fuel efficiency and sustainability.
- Alcoa's sales revenue in 2020: $9.3 billion
- Novelis's sales revenue in 2020: $11.4 billion
- Norsk Hydro ASA's sales revenue in 2020: $10.6 billion
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Market Segmentation
By Application
Passenger Car
Commercial Vehicle
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By Product
Cast Aluminum
Rolled Aluminum
Extruded Aluminum
Market Growth
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$ X Billion USD
