Europe Automotive Aluminum Extruded Parts Market to Cross US$ 16.7 Bn Revenues by 2032

Europe Automotive Aluminum Extruded Parts Market 2022

Automotive Aluminum Extruded Parts Preferred Over Steel by Vehicle Manufacturers in Europe Due to Weight Reduction Benefits: Persistence Market Research

The Europe automotive aluminum extruded parts market is currently valued at US$ 9.4 Bn. Sales of automotive aluminum extruded parts in Europe are expected to increase at 5.9% CAGR through 2032. The Europe automotive aluminum extruded parts market is set to be valued at US$ 16.7 Bn by 2032, according to the latest research by Persistence Market Research, a research and consulting firm.

Request for Free Sample Copy of this [email protected] https://www.persistencemarketresearch.com/samples/33127       

As aluminum can provide weight savings of up to 50% as compared to traditional mild steel structures, it increases the fuel efficiency of a vehicle. Vehicles having aluminum material have a 20 percent less lifetime CO2 footprint as compared to steel vehicles. As a result, it is projected that demand for aluminum extruded parts in automotive applications would increase substantially over the coming years.

The high thermal conductivity of an aluminum extruded part makes it an excellent choice for removing heat from a vehicle. Alloy strength and extruded profile are also key variables to consider when it comes to electric vehicle crash control. As demand for electric vehicles grows across the world, the market for automotive aluminum extruded components is likely to develop further, as the range of electric vehicles is improved with the use of aluminum in their manufacturing.

Company Profiles-

  • Novelis Inc.
  • Benteler International
  • Bonnell Aluminium Extrusion Company
  • CAPALEX
  • Constellium SE
  • Kaiser Aluminium Corp.
  • Kobe Steel Ltd.
  • Norsk Hydro ASA
  • Omnimax International
  • ProfilGruppen Extrusions AB
  • SMS Schimmer and more

automotive-aluminum-extruded-parts-market

Get Full Access of this Report and Get Up to 20% [email protected]https://www.persistencemarketresearch.com/checkout/32625

Key Segments of Market

Persistence Market Research’s study on the Europe automotive aluminum extruded parts market is divided into five significant segments -product type, material type, vehicle type, type of extrusion press, and country. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.

Product Type

  • Sub-structures
  • Door Beams
  • Bumpers
  • Pillars
  • Sub Frames
  • Seat Back Bars
  • Front Side Rails
  • Space Frames
  • Body Panels
  • Others

Material Type

  • 5000 Series
  • 6000 Series
  • 7000 Series
  • Others

Vehicle Type

  • Passenger Cars( Compact cars, Mid-sized cars, Luxury Cars, SUVs)
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Type of Extrusion Press

  • Direct Drive Oil Press
  • Accumulator Water Drive Press
  • Hydrostatic Extrusion Press

Country

  • Germany
  • Italy
  • France
  • The U.K.
  • Spain
  • BENELUX
  • Russia
  • Rest of Europe

For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/33127

Key Questions Answered in Report

Which country is anticipated to hold a prominent market share over the forecast period?

What will be the key driving factors propelling demand for the automotive aluminum extruded parts in Europe during the forecast period?

How current trends will impact the Europe automotive aluminum extruded parts industry?

Who are significant market participants in the market?

What are the crucial strategies of prominent players in the Europe automotive aluminum extruded parts market to upscale their positions in this landscape?

Request you to Read More-

  • Automotive Seats Market

    Automotive Seats Market is set to surpass and to be valued at US$ 74.19 Bn by 2025 in terms of sales.

  • Automotive Seat Belt Market

    Global automotive seatbelt market is expected to reach a valuation of US$ 7.5 Bn in 2021 and is estimated to expand at approximately 6.5% CAGR from 2021-2031.

About us: –

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact Us:

Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]

Germany Office:
Persistence Market Research
Potsdamer Platz 10 Haus 2, 5th Floor Berlin,
Germany 10785
Call +1 888-863-4084

This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on [email protected]