The global Automotive Aluminum Alloy (OE) market was valued at US$ 63.5 Billion in 2023 and is projected to reach US$ 95.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2024–2030). This growth is being driven by stringent global emission regulations, the automotive industry’s accelerated shift toward electric vehicles (EVs), and the increasing demand for fuel-efficient and high-performance vehicles.

As automakers worldwide commit to ambitious sustainability goals, the strategic importance of lightweight materials has never been greater. Aluminum alloys are at the forefront of this transformation, replacing heavier steel components to improve efficiency and extend EV range. In this blog, we profile the Top 10 Companies in the Automotive Aluminum Alloy (OE) Industry—a mix of global aluminum giants, specialized component manufacturers, and innovative material scientists shaping the future of automotive manufacturing.

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🔟 1. Novelis Inc.

Headquarters: Atlanta, Georgia, USA
Key Offering: Automotive sheet, aluminum recycling solutions

Novelis is the world leader in aluminum rolling and recycling, supplying advanced aluminum sheet and plate products to nearly every major automaker. Its patented alloys are designed for high strength, formability, and corrosion resistance, making them ideal for body-in-white, closures, and chassis applications.

Sustainability Initiatives:

• World’s largest recycler of aluminum, with a target of 80% recycled content in its products by 2030
• Strategic partnerships with EV manufacturers for lightweight body structures
• Global network of recycling and production facilities to support regional supply chains

Download FREE Sample Report: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report

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9️⃣ 2. Norsk Hydro ASA

Headquarters: Oslo, Norway
Key Offering: Extruded components, sheet products, casting alloys

Norsk Hydro is a fully integrated aluminum company with a strong presence across the entire value chain, from bauxite mining to finished components. Its automotive division provides extruded solutions for crash management systems, battery enclosures, and body structures, leveraging its low-carbon aluminum brands.

Sustainability Initiatives:

• Pioneering the production of near-zero carbon aluminum using renewable energy
• Committed to achieving a 30% reduction in carbon footprint by 2030
• Developing closed-loop recycling systems with automotive OEMs

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8️⃣ 3. Constellium SE

Headquarters: Paris, France
Key Offering: Auto Body Sheet (ABS), structural components

Constellium specializes in high-value aluminum products and solutions for the automotive industry. Its flagship products include the Surfalex® and HSA6® series for body panels and structural parts, which offer an excellent strength-to-weight ratio for safety and performance.

Innovation Focus:

• Leading R&D in 7xxx-series alloys for automotive applications
• Strategic focus on battery housing solutions for the booming EV market
• Global manufacturing footprint to serve European, North American, and Asian OEMs

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7️⃣ 4. Arconic Corporation (Now Howmet Aerospace)

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Forged wheels, structural castings, fastening systems

Arconic, now operating its engineered products segment as Howmet Aerospace, is a leader in highly engineered aluminum solutions. The company is renowned for its lightweight forged aluminum wheels and advanced structural components used in premium and performance vehicles.

Key Strengths:

• Proprietary casting and forging technologies for high-integrity parts
• Long-standing supply relationships with luxury and performance car manufacturers
• Focus on applications where weight reduction is critical for performance and efficiency

Download FREE Sample Report: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report

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6️⃣ 5. UACJ Corporation

Headquarters: Tokyo, Japan
Key Offering: Automotive aluminum sheet, extrusions

UACJ is Japan’s leading aluminum manufacturer and a major global supplier of rolled and extruded products for the automotive sector. The company has a strong technological focus on developing alloys that meet the specific demands of Japanese automakers for durability, paintability, and formability.

Market Position:

• Dominant supplier to the Japanese automotive industry
• Expanding global capacity through joint ventures and partnerships
• Expertise in multi-material solutions for hybrid vehicle structures

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5️⃣ 6. Magna International Inc.

Headquarters: Aurora, Ontario, Canada
Key Offering: Body & chassis systems, complete vehicle assembly

Magna International is one of the world’s largest automotive suppliers, with extensive capabilities in aluminum component design and manufacturing. Its product portfolio includes lightweight body and frame systems, seating structures, and complete vehicle engineering services.

Integrated Solutions:

• Vertical integration from alloy design to full system assembly
• Leading innovator in multi-material lightweight vehicle architectures
• Strategic contracts for EV platforms with major global OEMs

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4️⃣ 7. NanShan Group

Headquarters: Longkou, Shandong, China
Key Offering: Aluminum plate, strip, foil, and extruded products

NanShan Group is a major Chinese aluminum producer with a rapidly growing presence in the automotive sector. The company supplies a wide range of aluminum products to both domestic Chinese automakers and international OEMs, supported by significant vertical integration.

Growth Strategy:

• Heavy investment in capacity expansion to meet soaring domestic demand
• Focus on cost-competitive solutions for high-volume vehicle segments
• Increasing R&D investment to develop advanced automotive-grade alloys

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3️⃣ 8. Bharat Forge Limited

Headquarters: Pune, Maharashtra, India
Key Offering: Forged aluminum components, chassis modules

Bharat Forge is a global leader in metal forging, with a diversified product portfolio that includes lightweight aluminum components for passenger and commercial vehicles. The company leverages its expertise in forging technology to produce high-strength, safety-critical parts.

Technological Edge:

• World-class forging capabilities for complex, near-net-shape components
• Strategic diversification into aluminum to complement its steel forging business
• Strong export orientation, supplying to OEMs in Europe and North America

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2️⃣ 9. ALERIS Corporation (Now part of Novelis)

Headquarters: (Historical) Cleveland, Ohio, USA
Key Offering: Rolled aluminum products for automotive

ALERIS was a major global supplier of rolled aluminum products before its acquisition by Novelis. Its advanced manufacturing technologies and product development capabilities have been integrated into Novelis, strengthening the combined entity’s position in the automotive aluminum market.

Legacy Contributions:

• Pioneered specialized alloys for automotive heat exchange systems
• Developed high-performance products for demanding automotive applications
• Significant North American and European production footprint

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1️⃣ 10. FLEX-N-GATE Corporation

Headquarters: Urbana, Illinois, USA
Key Offering: Automotive bumpers, structural components

FLEX-N-GATE is a leading tier-one automotive supplier specializing in exterior systems and structural components. The company has extensive capabilities in aluminum fabrication, including bumper beams and other crash-relevant parts that benefit from weight reduction.

Manufacturing Expertise:

• Just-in-time manufacturing facilities located near major OEM assembly plants
• Expertise in manufacturing complex aluminum assemblies
• Strong relationships with North American OEMs, with growing global presence

Get Full Report Here: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report

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🚗 Outlook: The Future of Automotive Aluminum Alloy Is Lightweight and Sustainable

The automotive aluminum alloy market is undergoing a fundamental transformation. While traditional internal combustion engine vehicles continue to drive volume, the industry is investing billions in EV-specific aluminum solutions, advanced joining technologies, and closed-loop recycling systems.

📈 Key Trends Shaping the Market:

• Accelerated adoption of aluminum battery enclosures for electric vehicles
• Development of high-strength, formable alloys for complex body structures
• Growth of mega-casting processes using large aluminum components
• Increasing regulatory pressure for vehicle lightweighting and emissions reduction

The companies listed above are not only supplying essential materials—they’re enabling the automotive industry’s transition to a lighter, more efficient future.

Get Full Report Here: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report