NEW YORK, April 2, 2015 /PRNewswire/ -- About Automotive Aluminum
Aluminum and its alloys have unique properties such as lightweight, high tensile strength, and high corrosion resistance, making it a good replacement for steel that has conventionally been used to make a vehicle's body and its components. It offers a fast, cost-effective, and an environmentally friendly way to boost fuel economy, reduce emissions, and increase performance, enhancing or maintaining durability and safety. A vehicle with components made of aluminum is about 24 percent lighter than that with components made of steel.
TechNavio's analysts forecast the Automotive Aluminum market in the APAC region to grow at a CAGR of 7.95 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Automotive Aluminum market in the APAC region for the period 2015-2019. To calculate the market size, the report considers the revenue generated through sales of automotive aluminum across all geographies. It analyzes the sales of automotive aluminum to OEMs.
TechNavio's report, Automotive Aluminum Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Automotive Aluminum market landscape in the APAC region and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• Alcoa
• Aluminum Corporation of China
• Rio Tinto Alcan
• United Company RUSAL
Other Prominent Vendors
• BHP Billiton
• Constellium NV
• Dubai Aluminum
• Jindal Aluminum
• Kaiser Aluminum
• Lorin Industries
• Norsk Hydro
• Novelis
• Sapa Group
• Shiloh Industries
• Vedanta Aluminum
• Vimetco NV
Market Driver
• Rise in Vehicle Production and Sales in APAC
• For a full, detailed list, view our report
Market Challenge
• Fluctuating Aluminum Prices and Added Fabrication Costs
• For a full, detailed list, view our report
Market Trend
• Net Aluminum Pounds per Vehicle
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p02779331-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article