1. Automotive Aluminum Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1

2. Industry Profiles Snapshot Major ParameterDescription Market Segments by Vehicle Type Small cars, compact cars, mid-size cars, large cars, suvs and crossovers, mpvs, and pickups Market Segments by Product Form Cast aluminum, rolled aluminum, extruded aluminum Market Segments by Application Type Engine, transmission and driveline, heat transfer, wheels and brakes, structural component Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Alcoa inc., novelis inc., norsk hydro asa, constellium n.v., kaiser aluminum corp., aleris international, inc Trend Growth Rate and CAGR 6.6% Key Industry Forecast Aluminum in the global automotive industry is expected to reach an estimated $45 billion by 2024 with a CAGR of 6.6% from 2019 to 2024. Key Industry Driver Driver: Increasing vehicle production, government regulations on the fuel economy and emission controls, increasing stringent safety regulations, and increasing gasoline prices. 2

3. Industry Overview Market Size Aluminum in the global automotive industry is expected to reach an estimated $45 billion by 2024 with a CAGR of 6.6% from 2019 to 2024. Emerging trends, which have a direct impact on the dynamics of the automotive aluminum industry, include increasing use of aluminum in chassis and structural applications and development of advance manufacturing technologies to enhance the material strength. Alcoa, Novelis, Norsk Hydro, Constellium, and Aleris are the major aluminum suppliers in the global automotive industry. Market Size (2024)$45 billion CAGR (2019-24)6.6% 3 Industry Performance : Forecast