Automotive Aluminum Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026

1. Automotive Aluminum Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026 Aluminum is found in nature in the form of aluminum sulfates and can also be produced from bauxite, which comprises various elements such as aluminum hydroxide, silicon, titanium, sulfur, gallium, vanadium oxides, chromium, iron, sulfuric calcium, and magnesium carbonates, among others. Aluminum is significantly lighter than steel, has good tensile strength, and is easier to mold, making it a preferred choice in various industries. Aluminum was first used in a sports car back in 1899, two years later an engine with aluminum parts was first built. Ever since, aluminum has been used by automotive manufacturers, owing to the inexpensiveness application in mass- produced vehicles. Vehicles manufactured using advanced aluminum alloys are more fuel efficient and reduce carbon emissions, making it more environment-friendly as compared to vehicles manufactured using steel. It also increases performance of the vehicle and improves durability. Aluminum is versatile in nature, which enables automobile manufacturers to combine it with other metals or with materials such as fiberglass and plastics to enhance specific properties. Also, aluminum has the capacity to absorb twice the crash energy as compared to mild steel, which makes it safer. Automotive manufacturers are focusing on improving performance, fuel economy and reducing emissions, without affecting the size, safety, and capability, a factor that has led to significant growth of the automotive aluminum market. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/289 High cost of automotive aluminum as compared to steel and cast iron is one of the restraining factors for the automotive aluminum market. Also, introduction

2. of new materials like reinforced plastic has restrained the market growth of automotive aluminum on a global scale. Research and development on alternative methods to produce aluminum at a lower cost and eco-friendly manufacturing processes to reduce environmental damage are some of the key strategies adopted by the top market players. Some of the companies operating in the global automotive aluminum market are Alcoa Inc., Arconic Inc., UACJ Corporation, CHALCO, AMG Advanced Metallurgical Group, Norsk Hydro ASA, Constellium N.V., Novelis Inc., and Rio. For More Information: ​http://bit.ly/2MJvBWQ About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: ​sales@coherentmarketinsights.com