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Automotive Aluminum Extrusion - Global Market Outlook (2020-2028)

June 2021 | 150 pages | ID: A96DE7D43631EN
Stratistics Market Research Consulting

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According to Stratistics MRC, the Global Automotive Aluminum Extrusion Market is accounted for $42.42 billion in 2020 and is expected to reach $79.69 billion by 2028 growing at a CAGR of 8.2% during the forecast period. Some of the key factors propelling the market growth include rise in consumer trend toward fuel-efficient vehicles across the globe, growing use of aluminum in chassis applications, vehicle closure parts, and body-in-white parts, surge in trade volume owing to rising bilateral trade among countries, and adoption of aluminum extrusion for manufacture of complicated parts. However, fluctuating price and high initial cost of aluminum are restraining the market growth.

Aluminum extrusion is a metal forming process in which aluminum alloy is converted into desired shape for a wide range of uses. The density of aluminum is one third of steel as resulting products offer high strength, flexibility, stability and its malleability property allows it to be easily machined and casted. With aluminum extrusion, different types of profile are manufactured including semi-closed profiles, closed profile, and open profiles.

By type, the sub-structures segment is likely to witness significant growth over the next eight years, owing to rise in demand for electric vehicles where aluminum sub-structure is widely used to increase vehicle range. Moreover, rise in demand for lightweight vehicles prompts major vehicle manufacturers to prefer aluminum material for sub-structure, which in turn is anticipated to boost the automotive aluminum extrusion market across the globe.

On the basis of geography, North America region is projected to have considerable market growth during the forecast period, owing to implementation of stringent emission norms and increasing disposable income in this region. In this region, OEMs are investing in R&D for manufacturing of light vehicles for fuel efficiency increases the demand of automotive aluminum extrusion. The regulatory frameworks imposed by the National Highway Traffic Safety Administration (NHTSA) and the Environmental Protection Agency (EPA) in the United States have been instrumental in creating an evolving environment for the automobile industry.

Some of the key players in Automotive Aluminum Extrusion Market include Novelis Inc., Omnimax International, Constellium SE, Innoval Technology, Bonnell Aluminum Extrusion Company, CAPALEX, Kaiser Aluminum Corp, KOBE STEEL LTD., UACJ Automotive Whitehall Industries, Inc., 3M, BENTELER International, ProfilGruppen Extrusions AB, SMS Schimmer, Walter Klein GmbH & Co. KG, Kobelco Aluminum Products & Extrusions Inc., and Norsk Hydro ASA.

Aluminum Grades Covered:
  • 7000 Series
  • 6000 Series
  • 5000 Series
Types Covered:
  • Alumium Space Frame
  • Body Panels
  • Sub-Structures
  • Door Beam
  • Seat Back Bar
  • Front Side Rail
  • Pillars
  • Bumper System
  • Sub Frames
Vehicle Types Covered:
  • Utility Vehicles
  • Commercial Vehicles
  • Buses & Coaches
  • Minicompact (A Segment)
  • Supermini (B Segment)
  • Compact (C Segment)
  • Mid-size (D Segment)
  • Executive (E Segment)
  • Luxury (F Segment)
  • Passenger Vehicles
Products Covered:
  • Reverse Extrusion of Aluminum
  • Forward Extrusion of Aluminum
Applications Covered:
  • Interiors
  • Body Structure
  • Chassis
  • Engine Mount
  • Exteriors
  • Transmission
  • Luggage Rack
  • Driving Rod
Sales Channels Covered:
  • Aftermarket
  • Original Equipment Manufacturers (OEMs)
Regions Covered:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
What our report offers:
  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:
  • Company Profiling
        • Comprehensive profiling of additional market players (up to 3)
        • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL AUTOMOTIVE ALUMINUM EXTRUSION MARKET, BY ALUMINUM GRADE

5.1 Introduction
5.2 7000 Series
5.3 6000 Series
5.4 5000 Series

6 GLOBAL AUTOMOTIVE ALUMINUM EXTRUSION MARKET, BY TYPE

6.1 Introduction
6.2 Alumium Space Frame
6.3 Body Panels
6.4 Sub-Structures
6.5 Door Beam
6.6 Seat Back Bar
6.7 Front Side Rail
6.8 Pillars
6.9 Bumper System
6.10 Sub Frames

7 GLOBAL AUTOMOTIVE ALUMINUM EXTRUSION MARKET, BY VEHICLE TYPE

7.1 Introduction
7.2 Utility Vehicles
7.3 Commercial Vehicles
  7.3.1 Light Commercial Vehicles
  7.3.2 Heavy Commercial Vehicles
7.4 Buses & Coaches
7.5 Minicompact (A Segment)
7.6 Supermini (B Segment)
7.7 Compact (C Segment)
7.8 Mid-size (D Segment)
7.9 Executive (E Segment)
7.10 Luxury (F Segment)
7.11 Passenger Vehicles

8 GLOBAL AUTOMOTIVE ALUMINUM EXTRUSION MARKET, BY PRODUCT

8.1 Introduction
8.2 Reverse Extrusion of Aluminum
8.3 Forward Extrusion of Aluminum

9 GLOBAL AUTOMOTIVE ALUMINUM EXTRUSION MARKET, BY APPLICATION

9.1 Introduction
9.2 Interiors
9.3 Body Structure
9.4 Chassis
9.5 Engine Mount
9.6 Exteriors
9.7 Transmission
9.8 Luggage Rack
9.9 Driving Rod

10 GLOBAL AUTOMOTIVE ALUMINUM EXTRUSION MARKET, BY SALES CHANNEL

10.1 Introduction
10.2 Aftermarket
10.3 Original Equipment Manufacturers (OEMs)

11 GLOBAL AUTOMOTIVE ALUMINUM EXTRUSION MARKET, BY GEOGRAPHY

11.1 Introduction
11.2 North America
  11.2.1 US
  11.2.2 Canada
  11.2.3 Mexico
11.3 Europe
  11.3.1 Germany
  11.3.2 UK
  11.3.3 Italy
  11.3.4 France
  11.3.5 Spain
  11.3.6 Rest of Europe
11.4 Asia Pacific
  11.4.1 Japan
  11.4.2 China
  11.4.3 India
  11.4.4 Australia
  11.4.5 New Zealand
  11.4.6 South Korea
  11.4.7 Rest of Asia Pacific
11.5 South America
  11.5.1 Argentina
  11.5.2 Brazil
  11.5.3 Chile
  11.5.4 Rest of South America
11.6 Middle East & Africa
  11.6.1 Saudi Arabia
  11.6.2 UAE
  11.6.3 Qatar
  11.6.4 South Africa
  11.6.5 Rest of Middle East & Africa

12 KEY DEVELOPMENTS

12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 COMPANY PROFILING

13.1 Novelis Inc.
13.2 Omnimax International
13.3 Constellium SE
13.4 Innoval Technology
13.5 Bonnell Aluminum Extrusion Company
13.6 CAPALEX
13.7 Kaiser Aluminum Corp
13.8 KOBE STEEL LTD.
13.9 UACJ Automotive Whitehall Industries, Inc.
13.10 3M
13.11 BENTELER International
13.12 ProfilGruppen Extrusions AB
13.13 SMS Schimmer
13.14 Walter Klein GmbH & Co. KG
13.15 Kobelco Aluminum Products & Extrusions Inc.
13.16 Norsk Hydro ASA

LIST OF TABLES

Table 1 Global Automotive Aluminum Extrusion Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Automotive Aluminum Extrusion Market Outlook, By Aluminum Grade (2019-2028) ($MN)
Table 3 Global Automotive Aluminum Extrusion Market Outlook, By 7000 Series (2019-2028) ($MN)
Table 4 Global Automotive Aluminum Extrusion Market Outlook, By 6000 Series (2019-2028) ($MN)
Table 5 Global Automotive Aluminum Extrusion Market Outlook, By 5000 Series (2019-2028) ($MN)
Table 6 Global Automotive Aluminum Extrusion Market Outlook, By Type (2019-2028) ($MN)
Table 7 Global Automotive Aluminum Extrusion Market Outlook, By Alumium Space Frame (2019-2028) ($MN)
Table 8 Global Automotive Aluminum Extrusion Market Outlook, By Body Panels (2019-2028) ($MN)
Table 9 Global Automotive Aluminum Extrusion Market Outlook, By Sub-Structures (2019-2028) ($MN)
Table 10 Global Automotive Aluminum Extrusion Market Outlook, By Door Beam (2019-2028) ($MN)
Table 11 Global Automotive Aluminum Extrusion Market Outlook, By Seat Back Bar (2019-2028) ($MN)
Table 12 Global Automotive Aluminum Extrusion Market Outlook, By Front Side Rail (2019-2028) ($MN)
Table 13 Global Automotive Aluminum Extrusion Market Outlook, By Pillars (2019-2028) ($MN)
Table 14 Global Automotive Aluminum Extrusion Market Outlook, By Bumper System (2019-2028) ($MN)
Table 15 Global Automotive Aluminum Extrusion Market Outlook, By Sub Frames (2019-2028) ($MN)
Table 16 Global Automotive Aluminum Extrusion Market Outlook, By Vehicle Type (2019-2028) ($MN)
Table 17 Global Automotive Aluminum Extrusion Market Outlook, By Utility Vehicles (2019-2028) ($MN)
Table 18 Global Automotive Aluminum Extrusion Market Outlook, By Commercial Vehicles (2019-2028) ($MN)
Table 19 Global Automotive Aluminum Extrusion Market Outlook, By Light Commercial Vehicles (2019-2028) ($MN)
Table 20 Global Automotive Aluminum Extrusion Market Outlook, By Heavy Commercial Vehicles (2019-2028) ($MN)
Table 21 Global Automotive Aluminum Extrusion Market Outlook, By Buses & Coaches (2019-2028) ($MN)
Table 22 Global Automotive Aluminum Extrusion Market Outlook, By Minicompact (A Segment) (2019-2028) ($MN)
Table 23 Global Automotive Aluminum Extrusion Market Outlook, By Supermini (B Segment) (2019-2028) ($MN)
Table 24 Global Automotive Aluminum Extrusion Market Outlook, By Compact (C Segment) (2019-2028) ($MN)
Table 25 Global Automotive Aluminum Extrusion Market Outlook, By Mid-size (D Segment) (2019-2028) ($MN)
Table 26 Global Automotive Aluminum Extrusion Market Outlook, By Executive (E Segment) (2019-2028) ($MN)
Table 27 Global Automotive Aluminum Extrusion Market Outlook, By Luxury (F Segment) (2019-2028) ($MN)
Table 28 Global Automotive Aluminum Extrusion Market Outlook, By Passenger Vehicles (2019-2028) ($MN)
Table 29 Global Automotive Aluminum Extrusion Market Outlook, By Product (2019-2028) ($MN)
Table 30 Global Automotive Aluminum Extrusion Market Outlook, By Reverse Extrusion of Aluminum (2019-2028) ($MN)
Table 31 Global Automotive Aluminum Extrusion Market Outlook, By Forward Extrusion of Aluminum (2019-2028) ($MN)
Table 32 Global Automotive Aluminum Extrusion Market Outlook, By Application (2019-2028) ($MN)
Table 33 Global Automotive Aluminum Extrusion Market Outlook, By Interiors (2019-2028) ($MN)
Table 34 Global Automotive Aluminum Extrusion Market Outlook, By Body Structure (2019-2028) ($MN)
Table 35 Global Automotive Aluminum Extrusion Market Outlook, By Chassis (2019-2028) ($MN)
Table 36 Global Automotive Aluminum Extrusion Market Outlook, By Engine Mount (2019-2028) ($MN)
Table 37 Global Automotive Aluminum Extrusion Market Outlook, By Exteriors (2019-2028) ($MN)
Table 38 Global Automotive Aluminum Extrusion Market Outlook, By Transmission (2019-2028) ($MN)
Table 39 Global Automotive Aluminum Extrusion Market Outlook, By Luggage Rack (2019-2028) ($MN)
Table 40 Global Automotive Aluminum Extrusion Market Outlook, By Driving Rod (2019-2028) ($MN)
Table 41 Global Automotive Aluminum Extrusion Market Outlook, By Sales Channel (2019-2028) ($MN)
Table 42 Global Automotive Aluminum Extrusion Market Outlook, By Aftermarket (2019-2028) ($MN)
Table 43 Global Automotive Aluminum Extrusion Market Outlook, By Original Equipment Manufacturers (OEMs) (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.


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