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(Transportation-News.com, January 13, 2017 ) Aluminum is a preferred material in the automotive industry because of its strength, safety, and durability. Use of aluminum in passenger and commercial vehicles allows boosting of fuel economy and reducing vehicular emissions.
The global automotive industry is driven by improvements in macroeconomic conditions and demands from the developing market. Automotive manufacturers have been using steel products for engine parts and auto sheets, which are now being replaced with aluminum. With changing customer preferences, the automotive industry has seen changes in technologies focusing on safety, comfort, low carbon emission, fuel efficiency, and lightweight. Aluminum is used for lightweight design concept covering areas of drivetrain, heat exchangers, body, chassis, and related equipment.
Publisher's analysts forecast the global aluminum market for automotive industry to grow at a CAGR of 4.5% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-aluminum-market-for-the-automotive-industry-2016-2020
Covered in this report
The report covers the present scenario and the growth prospects of the global aluminum market for automotive industry for 2016-2020.
The market is divided into the following segments based on geography:
- Europe
- Middle East
- US and Canada
- India
- Central and South America
- ROW
Publisher's report, Global Aluminum Market for Automotive Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. 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.
Key vendors
- Alcoa
- Aleris
- Chalco
- Constellium
- Norsk Hydro
- Novelis
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001303201/sample
Other prominent vendors
- Kaiser Aluminum
- Rio Tinto Alcan
- RUSAL
Market driver
- Shift from ferrous to non-ferrous casting
- For a full, detailed list, view our report
Market challenge
- Fluctuating LME prices
- For a full, detailed list, view our report
Market trend
- Aluminum products for crash management system
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001303201/buying
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Priya Sisodia
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Source: EmailWire.Com 
Source: EmailWire.com
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