Tradeskills » Extruded Aluminum

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About the Author: This contribution has been made by Soumya Banerjee who has written a number of articles on leggings manufacturer in Kolkata and provides fruitful information. To know more, please visit .

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According to a new market report published by Lucintel, the future of aluminum in the global automotive industry looks good with opportunities in the segments of passenger cars and commercial vehicles. Aluminum in the global automotive industry is expected to reach an estimated $42.4 billion by 2022 and it is forecast to grow at a CAGR of 7.4% from 2017 to 2022. The major drivers of growth for this market are increasing vehicle production, government regulations on the fuel economy and emission controls, increasing stringent safety regulations Will Harris Jersey , and increasing gasoline prices.
In this market, cast aluminum, rolled aluminum, extruded aluminum are some of the major segments by product form. On the basis of our comprehensive research, Lucintel forecasts that the extruded aluminum and rolled aluminum segments are expected to show above average growth during the forecast period.
Within the global automotive aluminum industry Jahlani Tavai Jersey , the cast aluminum segment is expected to remain the largest market. Casting is a simple, inexpensive, and versatile way of forming aluminum into a wide array of products, which is expected to spur growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest region due to high vehicle production, improving economic conditions T.J. Hockenson Jersey , and increasing investments by the industry players within the APAC region.
Asia Pacific and Europe are expected to experience significant growth over the forecast period because of rapidly increasing demand for aluminum in SUVs & crossovers, small cars, and compact cars.


Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of aluminum in chassis and structural applications. Alcoa Inc. Kenny Golladay Jersey , Novelis Inc., Norsk Hydro ASA (ADR), Constellium N.V., and Aleris International are the major aluminum suppliers in the global automotive industry.


Lucintel, a leading global strategic consulting and market research firm Jarrad Davis Jersey , has analyzed growth opportunities for aluminum in the global automotive industry by vehicle types, product forms, application types, and regions, and compiled a comprehensive research report entitled 鈥淕rowth Opportunities for Aluminum in the Global Automotive Industry 2017-2022: Trends Kerryon Johnson Jersey , Forecast, and Opportunity Analysis.鈥?The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for aluminum in the global automotive industry by vehicle type Marvin Jones Jr Jersey , product form, application type, and region, as follows:

By vehicle type ($ Million and kilo tons from 2011 to 2022):
鈥?Small Cars
鈥?Compact Cars
鈥?Mid-Size Cars
鈥?Large Cars
鈥?SUVs & Crossovers
鈥?Multi-Purpose Vehicles
鈥?Pickup Trucks
By Product Forms ($ Million from 2011 to 2022):
鈥?Cast Aluminum
鈥?Rolled Aluminum
鈥?Extruded Aluminum
鈥?Others
By application type ($ Million from 2011 to 2022):
鈥?Engines
鈥?Transmissions and Drivelin. Cheap Soccer Jerseys Free Shipping Cheap NHL Jerseys Free Shipping Cheap Kids NBA Jerseys Cheap MLB Jerseys Online Wholesale Jerseys Cheap Adidas NHL Jerseys China Cheap Authentic NFL Jerseys Cheap Nike NFL Jerseys Online Cheap College Jerseys Wholesale Cheap Nike NBA Jerseys China