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New report shares details about the automotive alloy global market

Automotive and Transportation Market Research

Learn details of the Vehicle Type & Data Validation, Trends, Growth, Analysis and Forecast 2022. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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According to Publisher, the Global Automotive Alloy market is estimated at $108.59 billion in 2015 and is expected to reach $192.61 billion by 2022 growing at a CAGR of 8.5% from 2015 to 2022. Rising fuel prices, strict environmental rules and increasing demand for automobiles are some of the key factors favouring the market growth.

However, huge cost of the automotive alloy is hampering the market. On the other hand rising demand for electric vehicles (EV) seems to be opportunity for automotive alloy market.

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By alloy type, steel alloy segment is accounted for largest market share owing to the higher usage of steel alloys in the production of vehicle. Asia Pacific is the leading market, and is also anticipated to observe the highest growth.

The major reason for the high growth is increasing disposable income of this region.


Some of the key players in the market include Thyssenkrupp AG, Sumitomo Metal Corporation, AMG Advanced Metallurgical Group, UACJ Corporation, Arcelormittal SA, Nippon Steel & Sumitomo Metal Corp., Constellium N.V., Alcoa Inc., Norsk Hydro ASA, Novelis, Inc. and Kobe Steel, Ltd.

Applications Covered:
- Exterior
- Structural
- Powertrain
- Other Applications

Alloy Types Covered:
- Magnesium
- Steel
- Aluminium
- Other Alloy Types

Vehicle Types Covered:
- Heavy Commercial Vehicles (HCV)
- Passenger Cars
- Light Commercial Vehicles (LCV)


Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe 
- Asia Pacific
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

10 Company Profiling 
10.1 Thyssenkrupp AG 
10.2 Sumitomo Metal Corporation 
10.3 AMG Advanced Metallurgical Group 
10.4 UACJ Corporation 
10.5 Arcelormittal SA 
10.6 Nippon Steel & Sumitomo Metal Corp. 
10.7 Constellium N.V. 
10.8 Alcoa Inc. 
10.9 Norsk Hydro ASA 
10.10 Novelis, Inc. 
10.11 Kobe Steel, Ltd. 


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