Global Automotive Aluminum Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In September 2022, Alcoa Corporation introduced new advancements in alloy development and deployment, further solidifying its role as a leading supplier of advanced aluminum alloys. These innovations are expected to enhance the company's competitive position in the market for high-performance aluminum materials.

• In May 2022, Novelis Inc. announced plans to invest $2.5 billion in the construction of a new low-carbon recycling and rolling plant. This investment underscores the company's commitment to sustainability and its efforts to enhance its capabilities in the production of aluminum products with a lower environmental impact.

In this report, the Automotive Aluminum Market has been segmented by Type, Application, Vehicle Type and Geography.

Automotive Aluminum Market, Segmentation by Type

The Automotive Aluminum Market has been segmented by Type into Cast Aluminum, Rolled Aluminum, and Extruded Aluminum.

Cast Aluminum

Cast aluminum holds the largest share of the automotive aluminum market, accounting for nearly 55%. It is widely used for manufacturing engine blocks, wheel hubs, and transmission housings due to its excellent moldability, cost-efficiency, and mechanical strength.

Rolled Aluminum

Rolled aluminum contributes approximately 25% of the market and is primarily used in body panels, hoods, doors, and roof structures. It offers superior formability, corrosion resistance, and helps reduce vehicle weight for better fuel efficiency.

Extruded Aluminum

Extruded aluminum makes up about 20% of the market and is ideal for components requiring high dimensional precision and structural integrity. Applications include chassis parts, crash management systems, and frame sections, where lightweight strength is essential.

Automotive Aluminum Market, Segmentation by Vehicle Type

The Automotive Aluminum Market has been segmented by Vehicle Type into Passenger Car, LCV, and HCV.

Passenger Car

Passenger cars dominate the automotive aluminum market with a share of approximately 60%. Increasing demand for lightweight vehicles to improve fuel efficiency and comply with emission regulations has boosted aluminum usage in body panels, engine components, and chassis structures.

LCV

Light Commercial Vehicles (LCVs) account for around 25% of the market. The segment benefits from the use of aluminum in cargo beds, panels, and frames to reduce vehicle weight and enhance load-carrying efficiency while maintaining structural durability.

HCV

Heavy Commercial Vehicles (HCVs) contribute roughly 15% to the market. Aluminum is increasingly adopted in trailers, fuel tanks, and structural parts to lower gross vehicle weight, reduce fuel consumption, and improve payload capacity.

Automotive Aluminum Market, Segmentation by Application

The Automotive Aluminum Market has been segmented by Application into Powertrain, Chassis & Suspension, and Car Body.

Powertrain

The powertrain segment accounts for approximately 35% of the automotive aluminum market. Aluminum is widely used in engine blocks, cylinder heads, transmission housings, and oil pans to reduce engine weight, improve thermal conductivity, and enhance fuel efficiency.

Chassis & Suspension

Chassis and suspension applications contribute around 30% of the market share. Aluminum is used in control arms, subframes, and shock towers to achieve a balance between strength, weight reduction, and ride stability, especially in performance and electric vehicles.

Car Body

The car body segment represents close to 35% of the market and is driven by growing demand for lightweight exterior panels. Aluminum is commonly used for doors, hoods, roof panels, and tailgates to enhance vehicle design, crash safety, and overall fuel economy.

Automotive Aluminum Market, Segmentation by Geography

In this report, the Automotive Aluminum Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Automotive Aluminum Market Share (%), by Geographical Region

North America

North America holds around 23% of the global automotive aluminum market, driven by stringent fuel efficiency regulations and growing adoption of lightweight vehicles. The region benefits from strong OEM presence and rising demand for electric vehicles, particularly in the United States.

Europe

Europe accounts for approximately 28% of the market, supported by advanced automotive engineering and strict carbon emission norms. Aluminum is widely used in luxury and electric vehicles to reduce vehicle weight and improve performance across major countries like Germany, France, and the UK.

Asia Pacific

Asia Pacific dominates the market with over 35% share, thanks to large-scale automobile production in China, India, and Japan. The region benefits from growing urbanization, increasing vehicle ownership, and rising focus on fuel-efficient mobility solutions.

Middle East and Africa

The Middle East and Africa region contributes close to 7% of the market. Growing vehicle imports, economic diversification, and emerging automotive assembly plants in countries like UAE and South Africa are fueling steady adoption of automotive aluminum.

Latin America

Latin America represents nearly 7% of the market, with Brazil and Mexico leading regional demand. Growth is supported by regional manufacturing hubs, rising investment in automotive light-weighting, and increasing vehicle exports to North America and Europe.