The Global Automotive Aluminum Alloy (OE) Market was valued at USD 56.8 Billion in 2023 and is projected to reach USD 89.3 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period (2024–2030). This growth is being driven by stringent emission regulations, increasing electric vehicle production, and the growing demand for lightweight materials to improve fuel efficiency and vehicle performance across all automotive segments.
As the automotive industry accelerates its transition toward electrification and sustainability, aluminum alloys have emerged as critical materials for reducing vehicle weight and enhancing energy efficiency. In this blog, we profile the Top 10 Companies in the Automotive Aluminum Alloy (OE) Industry—a mix of global aluminum producers, specialized alloy manufacturers, and automotive component suppliers shaping the future of vehicle lightweighting.
🔟 1. Novelis Inc.
Headquarters: Atlanta, Georgia, USA
Key Offering: Automotive aluminum sheet, high-strength alloys, and advanced aluminum solutions
Novelis is the world’s leading producer of flat-rolled aluminum products, supplying over 200 automotive customers worldwide. Their advanced alloys enable significant weight reduction in body structures, closures, and battery enclosures for electric vehicles.
Sustainability Initiatives:
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Targeting 80% recycled content in products by 2030
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Developing next-generation alloys for electric vehicle battery systems
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Investing in low-carbon production facilities across North America and Europe
Download FREE Sample Report: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report
9️⃣ 2. Norsk Hydro ASA
Headquarters: Oslo, Norway
Key Offering: Aluminum extrusions, sheet products, and casting alloys
Norsk Hydro is one of Europe’s largest integrated aluminum companies, offering a complete range of automotive aluminum solutions from alloys to finished components.
Sustainability Initiatives:
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Leading producer of low-carbon aluminum (Hydro CIRCAL and Hydro REDUXA)
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Developing closed-loop recycling systems with automotive OEMs
8️⃣ 3. UACJ Corporation
Headquarters: Tokyo, Japan
Key Offering: Automotive aluminum sheet, extrusions, and casting alloys
UACJ is Japan’s leading aluminum manufacturer, providing advanced aluminum solutions to major Japanese and global automakers.
Sustainability Initiatives:
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Expanding production capacity for automotive aluminum in North America and Asia
Sustainability Initiatives:
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Developing high-formability alloys for complex automotive parts
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Strategic partnerships with automotive Tier 1 suppliers worldwide
7️⃣ 4. Arconic Corporation
Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: High-performance aluminum alloys and engineered productsArconic specializes in high-strength aluminum alloys for critical automotive applications including crash management systems and structural components.
Sustainability Initiatives:
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Innovating in aluminum-intensive vehicle architectures
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Focusing on aerospace-inspired technologies for automotive applications
Download FREE Sample Report: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report
6️⃣ 5. Constellium SE
Headquarters: Amsterdam, Netherlands
Key Offering: Automotive body sheet, structural components, and battery enclosuresConstellium is a global leader in aluminum rolling and extrusion, supplying advanced aluminum alloys to automotive OEMs globally.
Sustainability Initiatives:
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Developing advanced alloys for electric vehicle battery housings
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Partnering with automakers on aluminum-intensive vehicle platforms
5️⃣ 6. Magna International Inc.
Headquarters: Aurora, Ontario, Canada
Key Offering: Automotive aluminum components and complete vehicle systemsMagna International is a leading automotive supplier that designs and manufactures aluminum-intensive vehicle systems and components.
Sustainability Initiatives:
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Developing complete aluminum body-in-white systems for multiple OEMs
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Investing in aluminum casting and forming technologies for vehicle lightweighting.
4️⃣ 7. ALERIS Corporation
Headquarters: Cleveland, Ohio, USA
Key Offering: Aluminum sheet, plate, and extrusions for automotive applications.Sustainability Initiatives:
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Focusing on aerospace-derived aluminum technologies for automotive applications
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Advancing high-strength aluminum alloys for safety-critical automotive components.
3️⃣ 8. NanShan Group
Headquarters: Longkou, Shandong, China
Key Offering: Automotive aluminum alloy sheet, extrusions, and components.Sustainability Initiatives:
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Expanding automotive alloy production capacity to meet growing EV demand
2️⃣ 9. Bharat Forge Limited
Headquarters: Pune, Maharashtra, India
Key Offering: Aluminum forgings, wheels, and structural componentsBharat Forge is a global leader in aluminum forgings and components for automotive applications.
Sustainability Initiatives:
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Developing lightweight aluminum solutions for commercial vehicles and passenger cars
Sustainability Initiatives:
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Innovating in aluminum forging technologies for electric vehicle powertrains
1️⃣ 10. UACJ Corporation
Headquarters: Tokyo, Japan
Key Offering: Automotive aluminum alloys and component solutionsUACJ Corporation has established itself as a key player in the automotive aluminum space through strategic acquisitions and capacity expansion.
Sustainability Initiatives:
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Developing specialized aluminum alloys for battery electric vehicles
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Strategic partnerships enabling development of next-generation automotive aluminum solutions
Get Full Report Here: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report
🌍 Outlook: The Future of Automotive Aluminum Alloy Is Lighter and Greener
The automotive aluminum alloy market is undergoing a profound transformation. While conventional steel still maintains significant market share in many applications, the industry is increasingly adopting aluminum alloys to meet stringent emission standards and support the transition to electric mobility.
📈 Key Trends Shaping the Market:
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Rapid aluminum adoption in electric vehicle battery enclosures and structural components
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Growing demand for high-strength, formable aluminum alloys in body-in-white applications
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Development of multi-material vehicle architectures combining aluminum with composites and high-strength steels
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Advancements in aluminum casting and joining technologies enabling complex component designs
Get Full Report Here: Automotive Aluminum Alloy (OE) Market – View in Detailed Research Report
The companies listed above are not only supplying advanced materials—they’re spearheading the lightweight vehicle evolution across global markets.
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