Aluminum and its alloys have unique properties such as lightweight, high tensile strength, and high corrosion resistance, making it a good replacement for steel that has conventionally been used to make a vehicle’s body and its components. It offers a fast, cost-effective, and an environmentally friendly way to boost fuel economy, reduce emissions, and increase performance, enhancing or maintaining durability and safety. A vehicle with components made of aluminum is about 24 percent lighter than that with components made of steel. TechNavio’s analysts forecast the Automotive Aluminum market in the APAC region to grow at a CAGR of 7.95 percent over the period 2014-2019.Covered in this Report
This report covers the present scenario and the growth prospects of the Automotive Aluminum market in the APAC region for the period 2015-2019. To calculate the market size, the report considers the revenue generated through sales of automotive aluminum across all geographies. It analyzes the sales of automotive aluminum to OEMs. TechNavio’s report, Automotive Aluminum Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Automotive Aluminum market landscape in the APAC region and its growth prospects in the coming years. The report also includes a discussion of the Key Vendors operating in this market.Key Vendors:
- Alcoa
- Aluminum Corporation of China
- Rio Tinto Alcan
- United Company RUSALOther Prominent Vendors
- BHP Billiton
- Constellium NV
- Dubai Aluminum
- Jindal Aluminum
- Kaiser Aluminum
- Lorin Industries
- Norsk Hydro
- Novelis
- Sapa Group
- Shiloh Industries
- Vedanta Aluminum
- Vimetco NVMarket Driver
- Rise in Vehicle Production and Sales in APAC
- For a full, detailed list, view our reportMarket Challenge
- Fluctuating Aluminum Prices and Added Fabrication…
