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High Strength Aluminum Alloys Market by End-use industry Type (Automotive & transportation, Aerospace & defense, Marine), Alloy Type (Cast, and Wrought), Strength Type (High, and ultra-high strength), and Region - Global Forecast to 2023

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Date: 24-Apr-2018
No. of pages: 131
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“Stringent regulation for fuel efficiency and emission drives the high strength aluminum alloys market”

The global high strength aluminum alloys market was valued at USD 37.94 billion in 2018 and is projected to reach USD 55.24 billion by 2023, registering a CAGR of 7.8% between 2018 and 2023. There has been an increase in focus of governments and regulators on the effect of transportation on the environment as vehicle emissions largely contribute to air pollution. OEMs are under constant pressure from various government regulations which have restricted the emission levels from vehicles OEMs are working closely with all the stakeholders in their supply chain to decrease the weight of their models to achieve these targets. Owing to limited reserves and geographically concentrated supply of oil, fuel efficiency is also a major area of concern for the end users and governments. With high growth estimated in automobile sales, governments in different parts of the world have implemented stringent fuel emissions and fuel economy norms and OEMs are required to comply with these standards.

“Automotive & Transportation is the fastest-growing end-use industry for the high strength aluminum alloys market by volume”

Automotive & transportation is one of the most important industries that drive economic growth. The rising demand for automobiles has led to an increase in the emissions from the transportation sector and the stakeholders in the automotive industry are focusing on optimizing the performance of the vehicles to ensure sustainable, environment-friendly transportation. The major focus is on maximizing the fuel efficiency and minimizing emissions. Vehicle weight is a crucial factor which has a direct impact on emissions and fuel efficiency since it requires less amount of energy to propel a lighter object than a heavier one. Historically, the average weight of the vehicle has seen a continuous increase as more systems and features have been integrated to improve safety and convenience as well as meet the regulations and end user’s demands. This has facilitated an increase in the use of high strength aluminum alloys as an alternative to steel as aluminum possesses improved strength capabilities and is lightweight. However, the adoption of high strength aluminum alloys in automobile industry is being restrained by its high cost and engineering barriers.

“APAC is the fastest-growing market for high strength aluminum alloys”

APAC is the fastest-growing market for high strength aluminum alloys market, in terms of value and volume. China accounted for the largest market share in the APAC high strength aluminum alloy market in 2017. The large number of manufacturers and supplier of high strength aluminum alloy for different end-use industries coupled with cheap labor cost and government incentives are some of the factors driving the demand high strength aluminum alloy. Japan and South Korea are also some of the lucrative markets for high strength aluminum alloy for use in the aerospace & defense, automotive & transportation, marine and other end-use industries. The growth of the aerospace & defense and automotive & transportation in the emerging economies is expected to grow the demand of high strength aluminum alloy during the forecast period.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided in three categories: by company type, by designation, and by region.


  • By company type- Tier 1- 35%, Tier 2- 25%, and Tier 3- 40%

  • By designation- C Level- 30%, Director Level- 25%, and Others- 35%

  • By region- North America- 30%, APAC- 30%, Europe- 25%, ME&A - 10%, and South America - 5%


The report also provides company profiles and competitive strategies adopted by the major market players; the various key players profiled in the report are as follows:


  • Rio Tinto PLC (UK)

  • Aluminum Bahrain B.S.C. (Bahrain)

  • Mitsubishi Rayon Co. Ltd. (Japan)

  • Norsk Hydro ASA (Norway)

  • Hindalco Industries Limited (India)

  • Alcoa Inc. (US)

  • United Company Rusal (Russia)

  • Aluminum Corporation of China Limited (China)

  • Century Aluminum Company (US)

  • China Hongquiao Group Limited. (China)

  • Aleris (US)


Research Coverage:

This report covers the high strength aluminum alloys market and forecasts the size of the market till 2023. The report includes the segmentation of the high strength aluminum alloys market based on alloy type, strength type, End-use industry and region. Porter’s five forces analysis and key market dynamics such as drivers, restraints, challenges, and opportunities influencing the growth of the high strength aluminum alloys market have been discussed in the report. The report also provides company profiles and competitive benchmarking of major players operating in the high strength aluminum alloys market.

Reasons to buy the Report

The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the high strength aluminum alloys market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across the different verticals and regions.

  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, agreements, partnerships, and mergers & acquisitions.

High Strength Aluminum Alloys Market by End-use industry Type (Automotive & transportation, Aerospace & defense, Marine), Alloy Type (Cast, and Wrought), Strength Type (High, and ultra-high strength), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the High Strength Aluminum Alloys Market
4.2 High Strength Aluminum Alloys Market, By Alloy Type
4.3 High Strength Aluminum Alloys Market, By Strength Type
4.4 High Strength Aluminum Alloys Market, By End-Use Industry and Region
4.5 High Strength Aluminum Alloys Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Stringent Regulations for Fuel Efficiency and Emission Reduction
5.2.1.2 Growing Luxury Car Segment
5.2.1.3 Recyclability
5.2.2 Restraints
5.2.2.1 High Production Cost
5.2.2.2 Availability of Substitutes
5.2.3 Opportunities
5.2.3.1 Growing Electric Vehicle Market
5.2.4 Challenges
5.2.4.1 Engineering Advancement
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Macroeconomic Overview and Key Trends
6.1 Introduction
6.2 Trends and Forecast of GDP
6.3 Trends of Aerospace Industry
6.4 Trends of Automotive Industry

7 High Strength Aluminum Alloys Market, By Alloy Type
7.1 Introduction
7.2 Wrought Alloys
7.3 Cast Alloys

8 High Strength Aluminum Alloys Market, By Strength Type
8.1 Introduction
8.2 High Strength Aluminum Alloys
8.3 Ultra-High Strength Aluminum Alloys

9 High Strength Aluminum Alloys Market, By End-Use Industry
9.1 Introduction
9.2 Automotive & Transportation
9.3 Aerospace & Defense
9.4 Marine
9.5 Others

10 High Strength Aluminum Alloys Market, By Region
10.1 Introduction
10.2 North America
10.2.1 By End-Use Industry
10.2.2 By Alloy Type
10.2.3 By Strength Type
10.2.4 By Country
10.2.4.1 US
10.2.4.2 Canada
10.2.4.3 Mexico
10.3 Europe
10.3.1 By End-Use Industry
10.3.2 By Alloy Type
10.3.3 By Strength Type
10.3.4 By Country
10.3.4.1 Germany
10.3.4.2 UK
10.3.4.3 France
10.3.4.4 Spain
10.3.4.5 Italy
10.3.4.6 Russia
10.3.4.7 Rest of Europe
10.4 APAC
10.4.1 By End-Use Industry
10.4.2 By Alloy Type
10.4.3 By Strength Type
10.4.4 By Country
10.4.4.1 China
10.4.4.2 Japan
10.4.4.3 India
10.4.4.4 South Korea
10.4.4.5 Thailand
10.4.4.6 Rest of APAC
10.5 Middle East & Africa
10.5.1 By End-Use Industry
10.5.2 By Alloy Type
10.5.3 By Strength Type
10.5.4 By Country
10.5.4.1 South Africa
10.5.4.2 Egypt
10.5.4.3 Rest of the Middle East & Africa
10.6 South America
10.6.1 By End-Use Industry
10.6.2 By Alloy Type
10.6.3 By Strength Type
10.6.4 By Country
10.6.4.1 Argentina
10.6.4.2 Brazil
10.6.4.3 Rest of South America

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking
11.2.1 Rio Tinto PLC
11.2.2 Aluminum Bahrain B.S.C.
11.2.3 Alcoa, Inc.
11.2.4 Hindalco Aluminum Limited
11.2.5 UC Rusal
11.3 Competitive Scenario
11.3.1 Agreement
11.3.2 Expansion
11.3.3 Acquisition
11.3.4 New Product Launch

12 Company Profiles
12.1 Rio Tinto PLC
12.1.1 Business Overview
12.1.2 Products Offered
12.1.3 Recent Developments
12.1.4 SWOT Analysis
12.1.5 MnM View
12.2 Aluminum Bahrain B.S.C.
12.2.1 Business Overview
12.2.2 Products Offered
12.2.3 Recent Developments
12.2.4 MnM View
12.3 Alcoa Inc.
12.3.1 Business Overview
12.3.2 Products Offered
12.3.3 Recent Developments
12.3.4 SWOT Analysis
12.3.5 MnM View
12.4 Hindalco Aluminum Limited
12.4.1 Business Overview
12.4.2 Products Offered
12.4.3 Recent Developments
12.4.4 MnM View
12.5 United Company (UC) Rusal
12.5.1 Business Overview
12.5.2 Products Offered
12.5.3 SWOT Analysis
12.5.4 MnM View
12.6 Norsk Hydro ASA
12.6.1 Business Overview
12.6.2 Products Offered
12.6.3 Recent Developments
12.6.4 SWOT Analysis
12.6.5 MnM View
12.7 Aluminum Corporation of China Limited
12.7.1 Business Overview
12.7.2 Products Offered
12.7.3 SWOT Analysis
12.7.4 MnM View
12.8 Century Aluminum Company
12.8.1 Business Overview
12.8.2 Products Offered
12.8.3 Recent Developments
12.8.4 MnM View
12.9 China Hongqiao Group Limited
12.9.1 Business Overview
12.9.2 Products Offered
12.9.3 Recent Developments
12.9.4 MnM View
12.10 Aleris
12.10.1 Business Overview
12.10.2 Products Offered
12.10.3 Recent Developments
12.10.4 MnM View
12.11 Other Key Players
12.11.1 Kaiser Aluminum
12.11.2 EGA
12.11.3 Constellium N.V.
12.11.4 Advanced Metallurgical Group
12.11.5 Uacj Corporation
12.11.6 Federal-Mogul Holding Corporation
12.11.7 Dana Holding Corporation
12.11.8 Autoneum Holding Ag
12.11.9 Elringklinger Ag
12.11.10 Progress-Werk Oberkirch Ag

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Trends and Forecast of GDP, 2015–2021 (USD Billion)
Table 2 Market of New Airplanes, 2016
Table 3 Automotive Production, 2011–2015 (Million Units)
Table 4 High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (USD Million)
Table 5 High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (Kiloton)
Table 6 Wrought Alloys Market Size, By Region, 2016–2023 (USD Million)
Table 7 Wrought Alloys Market Size, By Region, 2016–2023 (Kiloton)
Table 8 Cast Alloys Market Size, By Region, 2016–2023 (USD Million)
Table 9 Cast Alloys Market Size, By Region, 2016–2023 (Kiloton)
Table 10 High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (USD Million)
Table 11 High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (Kiloton)
Table 12 High Strength Aluminum Alloys Market Size, By Region, 2016–2023 (USD Million)
Table 13 High Strength Aluminum Alloys Market Size, By Region, 2016–2023 (Kiloton)
Table 14 Ultra-High Strength Aluminum Alloys Market Size, By Region, 2016–2023 (USD Million)
Table 15 Ultra-High Strength Aluminum Alloys Market Size, By Region, 2016–2023 (Kiloton)
Table 16 High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 17 High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 18 High Strength Aluminum Alloys Market Size in Automotive & Transportation End-Use Industry, By Region, 2016–2023 (Kiloton)
Table 19 High Strength Aluminum Alloys Market Size in Automotive & Transportation End-Use Industry, By Region, 2016–2023 (USD Million)
Table 20 High Strength Aluminum Alloys Market Size in Aerospace & Defense End-Use Industry, By Region, 2016–2023 (Kiloton)
Table 21 High Strength Aluminum Alloys Market Size in Aerospace & Defense End-Use Industry, By Region, 2016–2023 (USD Million)
Table 22 High Strength Aluminum Alloys Market Size in Marine End-Use Industry, By Region, 2016–2023 (Kiloton)
Table 23 High Strength Aluminum Alloys Market Size in Marine End-Use Industry, By Region, 2016–2023 (USD Million)
Table 24 High Strength Aluminum Alloys Market Size in Other End-Use Industries, By Region, 2016–2023 (Kiloton)
Table 25 High Strength Aluminum Alloys Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Million)
Table 26 High Strength Aluminum Alloys Market Size, By Region, 2016–2023 (Kiloton)
Table 27 High Strength Aluminum Alloys Market Size, By Region, 2016–2023 (USD Million)
Table 28 North America: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 29 North America: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 30 North America: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (Kiloton)
Table 31 North America: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (USD Million)
Table 32 North America: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (Kiloton)
Table 33 North America: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (USD Million)
Table 34 North America: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (Kiloton)
Table 35 North America: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (USD Million)
Table 36 Europe: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 37 Europe: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 38 Europe: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (Kiloton)
Table 39 Europe: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (USD Million)
Table 40 Europe: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (Kiloton)
Table 41 Europe: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (USD Million)
Table 42 Europe: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (Kiloton)
Table 43 Europe: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (USD Million)
Table 44 APAC: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 45 APAC: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 46 APAC: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (Kiloton)
Table 47 APAC: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (USD Million)
Table 48 APAC: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (Kiloton)
Table 49 APAC: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (USD Million)
Table 50 APAC: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (Kiloton)
Table 51 APAC: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (USD Million)
Table 52 Middle East & Africa: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 53 Middle East & Africa: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 54 Middle East & Africa: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (Kiloton)
Table 55 Middle East & Africa: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (USD Million)
Table 56 Middle East & Africa: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (Kiloton)
Table 57 Middle East & Africa: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (USD Million)
Table 58 Middle East & Africa: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (Kiloton)
Table 59 Middle East & Africa: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (USD Million)
Table 60 South America: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 61 South America: High Strength Aluminum Alloys Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 62 South America: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (Kiloton)
Table 63 South America: High Strength Aluminum Alloys Market Size, By Alloy Type, 2016–2023 (USD Million)
Table 64 South America: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (Kiloton)
Table 65 South America: High Strength Aluminum Alloys Market Size, By Strength Type, 2016–2023 (USD Million)
Table 66 South America: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (Kiloton)
Table 67 South America: High Strength Aluminum Alloys Market Size, By Country, 2016–2023 (USD Million)
Table 68 Agreement, 2013–2018
Table 69 Expansion, 2013–2018
Table 70 Acquisition, 2013–2018
Table 71 New Product Launch, 2013–2018

List of Figures

Figure 1 High Strength Aluminum Alloys Market Segmentation
Figure 2 High Strength Aluminum Alloys Market: Research Design
Figure 3 High Strength Aluminum Alloys Market: Data Triangulation
Figure 4 Wrought Alloys to Lead the High Strength Aluminum Alloys Market
Figure 5 High Strength Aluminum Alloys to Dominate the Market
Figure 6 Automotive & Transportation End-Use Industry to Dominate the High Strength Aluminum Alloys Market
Figure 7 Europe to Register the Highest CAGR in the High Strength Aluminum Alloys Market
Figure 8 High Demand From the Automotive & Transportation End-Use Industry to Drive the Market
Figure 9 Wrought Alloys to Dominate the High Strength Aluminum Alloys Market
Figure 10 High Strength Aluminum Alloys Segment to Register the Highest CAGR
Figure 11 Automotive & Transportation End-Use Industry Dominated the High Strength Aluminum Market in 2017
Figure 12 France to Register the Highest CAGR Between 2018 and 2023
Figure 13 Overview of Factors Governing the High Strength Aluminum Alloys Market
Figure 14 High Strength Aluminum Alloys Market: Porter’s Five Forces Analysis
Figure 15 Trends and Forecast of GDP in 2016
Figure 16 New Airplanes Deliveries, By Region, 2016
Figure 17 Automotive Production in Key Countries, 2015 vs 2016 (Million Units)
Figure 18 Wrought Alloys to Lead the High Strength Aluminum Alloys Market
Figure 19 High Strength Aluminum Alloys Segment to Dominate the Market
Figure 20 Automotive & Transportation End-Use Industry to Dominate the High Strength Aluminum Alloys Market
Figure 21 APAC to Lead the High Strength Aluminum Alloys Market in the Automotive & Transportation End-Use Industry
Figure 22 North America to Lead the High Strength Aluminum Alloys Market in the Aerospace & Defense End-Use Industry
Figure 23 APAC to Lead the High Strength Aluminum Alloys Market in the Marine End-Use Industry
Figure 24 APAC to Lead the High Strength Aluminum Alloys Market in Other End-Use Industries
Figure 25 Regional Market Snapshot: China to Register the Highest CAGR
Figure 26 North America: High Strength Aluminum Alloys Market Snapshot
Figure 27 Europe: High Strength Aluminum Alloys Market Snapshot
Figure 28 APAC: High Strength Aluminum Alloys Market Snapshot
Figure 29 South Africa to Be the Largest High Strength Aluminum Alloys Market
Figure 30 Brazil to Dominate the High Strength Aluminum Alloys Market
Figure 31 Companies Majorly Adopted the Strategy of Agreement Between 2013 and 2018
Figure 32 Market Ranking of Key Players, 2017
Figure 33 Rio Tinto PLC: Company Snapshot
Figure 34 Rio Tinto PLC: SWOT Analysis
Figure 35 Aluminum Bahrain B.S.C.: Company Snapshot
Figure 36 Alcoa Inc.: Company Snapshot
Figure 37 Alcoa Inc.: SWOT Analysis
Figure 38 Hindalco Aluminum Limited: Company Snapshot
Figure 39 UC Rusal: Company Snapshot
Figure 40 United Company Rusal: SWOT Analysis
Figure 41 Norsk Hydro ASA: Company Snapshot
Figure 42 Norsk Hydro ASA: SWOT Analysis
Figure 43 Aluminum Corporation of China Limited: Company Snapshot
Figure 44 Aluminum Corporation of China Limited: SWOT Analysis
Figure 45 Century Aluminum Company: Company Snapshot
Figure 46 China Hongqiao Group: Company Snapshot
Figure 47 Aleris: Company Snapshot

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