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Next Move Strategy Consulting

Automotive Aluminium Market Analysis 2030

Automotive Aluminium Market Analysis 2030

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The global Automotive Aluminium Market is expected to reach a size of USD 87.13 billion by 2030, growing at a CAGR of 2.7%.

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Engineered aluminium is projected to create significant opportunities for the market, as it offers tailored properties for specific applications. Its combination of lightweight and strength makes it ideal for industries like automotive and aerospace, where performance and efficiency are critical. 

The Asia-Pacific region currently leads the automotive aluminium market and is anticipated to maintain its dominance throughout the forecast period. This is largely due to the presence of major automotive manufacturers in countries such as China, India, and Japan, which produce modern, lightweight vehicles that drive the demand for advanced materials like aluminium to enhance vehicle performance.

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