Automotive Cast Aluminum Market

Aluminum die casting alloys are lightweight and possess high dimensional stability for complex part geometries and thin walls. Aluminum withstands good corrosion resistance and mechanical properties as well as high thermal and electrical conductivity, making it a good alloy for die casting. Low-density aluminum metals are essential to the die casting industry.

Automotive industry is at the forefront of this trend looking for effective alternatives to cut down on weight without sacrificing durability, which is under constant pressure to adhere to increasingly strict fuel economy standards. With CAFE standards becoming increasingly stringent, automobile manufacturers have been forced to continually find new ways to increase fuel economy. It has been the primary strategy that manufactures lighter vehicles to improve gas mileage, and the use of aluminum parts that replace steel parts has been the most popular method to reduce vehicle weight. Over time, aluminum has been progressively incorporated into automotive doors, trunks, hoods, and engines. Today, aluminum makes up a much more significant percentage of the vehicle. According to Ducker Worldwide, aluminum is now the leading material used in the manufacturing of engines and wheels in automobiles.

Automotive Cast Aluminum Market contains market size and forecasts of Automotive Cast Aluminum in global, including the following market information:

Global Automotive Cast Aluminum Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Cast Aluminum Market Sales, 2017-2022, 2023-2028, (Kilo MT)

Global top five Automotive Cast Aluminum companies in 2021 (%)

The global Automotive Cast Aluminum market was valued at 49460 million in 2021 and is projected to reach US$ 58360 million by 2028, at a CAGR of 2.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Aluminum Alloy 319 Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Cast Aluminum include Nemak, Ryobi, Ahresty, Georg Fischer, Guangdong Hongtu, IKD, Wencan, Paisheng Technology and Xusheng. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Cast Aluminum manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Cast Aluminum Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kilo MT)

Global Automotive Cast Aluminum Market Segment Percentages, by Type, 2021 (%)

Aluminum Alloy 319

Aluminum Alloy 383

Aluminum Alloy 356/356P

Others

Global Automotive Cast Aluminum Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kilo MT)

Global Automotive Cast Aluminum Market Segment Percentages, by Application, 2021 (%)

Powertrain

Vehicle Structures

E-Mobility Components

Others

Global Automotive Cast Aluminum Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kilo MT)

Global Automotive Cast Aluminum Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Cast Aluminum revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Cast Aluminum revenues share in global market, 2021 (%)

Key companies Automotive Cast Aluminum sales in global market, 2017-2022 (Estimated), (Kilo MT)

Key companies Automotive Cast Aluminum sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Nemak

Ryobi

Ahresty

Georg Fischer

Guangdong Hongtu

IKD

Wencan

Paisheng Technology

Xusheng