Market Share of Automotive Aluminium Extrusion Industry
The automotive aluminum extrusion market is moderately consolidated. The market is characterized by the presence of considerably large players that have tie-ups with major automotive manufacturers. The companies are entering strategic partnerships, acquisitions, and product developments to expand their brand portfolios.
Some of the important players in the market include Novelis Inc., Constellium NV, Norsk Hydro ASA, Kaiser Aluminum, and Kobelco Aluminum Products & Extrusions Inc. Key players are investing in expanding their facilities worldwide. For instance,
- In September 2023, Hindalco Industries Ltd announced a technology partnership with Metra SpA, an Italian company renowned for its expertise in crafting structured and high-value aluminum extrusions.
- This collaboration strategically aims to enhance Hindalco's capabilities in producing large-scale aluminum extrusion and advanced fabrication technology. This partnership signifies a significant step for Hindalco to leverage Metra SpA's specialized knowledge to expand its production scope and technological prowess in the aluminum extrusion domain.
Automotive Aluminium Extrusion Market Leaders
Novelis Inc.
Constellium SE
Norsk Hydro ASA
Kaiser Aluminum Corp.
Bonnell Aluminum
*Disclaimer: Major Players sorted in no particular order
