Aluminum is found in nature in the form of aluminum sulfates and can also be produced from bauxite, which comprises various elements such as aluminum hydroxide, silicon, titanium, sulfur, gallium, vanadium oxides, chromium, iron, sulfuric calcium, and magnesium carbonates, among others. Aluminum is significantly lighter than steel, has good tensile strength, and is easier to mold, making it a preferred choice in various industries. Aluminum was first used in a sports car back in 1899, two years later an engine with aluminum parts was first built. Ever since, aluminum has been used by automotive manufacturers, owing to the inexpensiveness application in mass- produced vehicles. Vehicles manufactured using advanced aluminum alloys are more fuel efficient and reduce carbon emissions, making it more environment-friendly as compared to vehicles manufactured using steel. Automotive manufacturers are focusing on improving performance, fuel economy and reducing emissions, without affecting the size, safety, and capability, a factor that has led to significant growth of the Automotive Aluminum Market.
Leading Companies in the Automotive Aluminum Industry:
1. Alcoa Inc
Alcoa Incin 1988 and it’s headquarters Pittsburgh, Pennsylvania, United States. The company operates in 10 countries. In 2021 Ford and Alcoa announced a joint development agreement to collaborate on advanced automotive aluminum
2. Arconic Inc..
Arconic Inc. founded in 1988, and its Headquarters located in Pittsburgh, Pennsylvania, United States. The company operates in 42 nations.
3 UACJ Corporation
UACJ Corporation, Inc, was launch in 1897 and it’s headquarter located Chiyoda City, Tokyo, Japan.it operate over 50 country.
4 CHALCO
CHALCO was launch in 2001 and it’s headquarter Fuzhou, Fujian Province, China.
.it operate over 18 country. In 2021 AliveCor, the global leader in FDA-cleared personal electrocardiogram (ECG) technology and services.
5 AMG Advanced Metallurgical Group
AMG Advanced Metallurgical Group was founded 2006 with its headquarters in Amsterdam, Netherlands. With businesses in over 40 countries. In The acquisition was previously announced on October 9, 2019 and closed and became effective today. About AMG.
6. Norsk Hydro ASA
Norsk Hydro ASA was launch in 1905. And its headquarter - Oslo, Norway. It operate over 70 country.In 2023 Norsk Hydro ASA has relaunched a tender offer process for the acquisition of 100 percent of the shares of the Polish recycler Alumetal S.A
7 Constellium N.V.
Constellium N.V., Inc founded in 2011 and it’s headquarter located Paris, France.It operate over 70 country. In 2020 Constellium announced today that it is leading a new consortium of automakers and suppliers to develop lower carbon, lower cost aluminium extrusion alloys.
Definition- Aluminum is significantly lighter than steel, has good tensile strength, and is easier to mold, making it a preferred choice in various industries
