自動車用金属の市場規模、シェア、動向、予測：製品、用途、最終用途、地域別、2025-2033年

自動車用金属の世界市場規模は、2024年に1,020億6,000万米ドルとなりました。今後、IMARC Groupは、同市場が2033年には1,482億3,000万米ドルに達し、2025年から2033年にかけて4.02%のCAGRを示すと予測しています。現在、アジア太平洋地域が市場を独占しており、2024年には48.9%を超える大きな市場シェアを占めています。自動車生産の拡大、軽量材料への嗜好、電気自動車技術革新の進展、排出基準の厳格化、先端合金の採用拡大、持続可能性目標に沿った都市化とインフラ強化による地域開発が、自動車用金属市場シェアにプラスの影響を与えています。

同市場は、急速な都市化と世界の経済状況の改善によって自動車生産が促進され、それによって金属消費量が増加していることに大きな影響を受けています。さらに、高強度鋼やアルミ合金など冶金学の継続的な技術進歩が自動車設計の用途を拡大し、自動車用金属市場の成長に弾みをつけています。例えば、電気自動車やハイブリッド車のドライブトレインシステム用に設計されたアムステッドオートモーティブの多機能シフト技術は、先進的な粉末冶金技術やネットフォーミング製造技術とともに、2024年7月4～5日に展示されました。これらの技術革新は、電動化パワートレインの性能向上、航続距離の延長、コスト削減を目指しています。これに加えて、厳しい環境規制がリサイクル可能で環境に優しい金属の採用を促しています。さらに、自動車製造活動の増加は、世界規模での市場の成長にさらに寄与しています。

米国は、連邦政府の燃費基準に適合するために持続可能で軽量な材料へとシフトしており、市場の重要な地域です。電気自動車（EV）生産への旺盛な投資は、アルミニウムや高強度鋼のような先端金属へのニーズを強め、自動車用金属市場規模を拡大しています。成熟した自動車産業の存在と、自動車メーカーと金属サプライヤー間の戦略的パートナーシップは、サプライチェーンの効率を強化します。例えば、2025年1月5日、カナダのリチウム開発会社パトリオットバッテリーメタルズとフォルクスワーゲングループは戦略的提携を結び、約6,900万米ドルを投じて同社の株式9.9%を取得しました。この提携は、フォルクスワーゲンが欧州と北米で生産する電気自動車用のリチウムを長期的に確保することを目的としています。これとは別に、電気自動車の普及とインフラ開発に対する政府の支援策が、米国における自動車用金属の需要を大きく刺激しています。

自動車用金属の市場動向：

軽量素材へのシフト

厳しい燃費効率と排ガス規制を遵守するための軽量素材へのパラダイムシフトは、世界の自動車用金属市場の重要な動向の一つです。世界各国の政府は炭素排出量を憂慮すべき限界まで削減しており、自動車メーカー各社はこうした問題の解決策として、車両用照明などの軽量化を進めています。グラフェン、アルミニウム、マグネシウム、先進高強度鋼は、自動車における従来の鋼の使用から徐々に置き換えられつつあります。グラフェンは、軽量構造における高度なバッテリー・ハウジング構造や、電気自動車における放熱システムといった技術的用途に理想的な特殊特性を持っています。電気自動車におけるアルミニウムの使用は、ボディパネル、エンジン部品、シャーシアプリケーションにおける強度対重量比と耐腐食性が特に評価されています。材料メーカー間のパートナーシップは、この開発をさらに促進します。こうした関係は、新しいアイデアや市場の拡大に拍車をかける。例えばHEGによると、2025年1月11日、TACC LimitedとCeylon Graphene Technologies（CGT）の間で、グラフェン製造の共同研究を行う覚書を締結しました。この提携は、TACCの人造黒鉛製造ノウハウとCGTのハイエンド鉱脈黒鉛を組み合わせ、グラフェンとその誘導体を製造するものです。

電気自動車（EV）の普及拡大

大衆の間で電気自動車の普及が進んでいるため、特定の材料に対するニーズが高まり、自動車用金属市場の需要が増加しています。2025年1月14日付の業界レポートによると、消費者の64％近くが次の購入に電気自動車（EV）を選ぶ傾向にあります。さまざまな国の1,300人以上の回答者を対象としたこの調査では、60％が充電インフラを重要な課題として認識している一方、56％がEVに最大4万米ドルを投資する意向であることが明らかになりました。さらに、90％のメーカーが、EVの航続距離と充電速度の向上にはバッテリー技術の進歩が不可欠であることを強調しています。EVは、バッテリー効率と航続距離を最適化するために、より軽量で高性能な素材を必要としています。そのため、アルミニウム合金やマグネシウム合金、複合材料を構造用や熱用に使用する動きが加速しています。EVに特化した設計の拡大と、性能と持続可能性の最大化が、材料の革新とグローバル・サプライ・チェーンを形成しています。

カーボンフットプリント削減への関心の高まり

自動車会社や金属メーカーが厳しい環境基準や持続可能性への取り組みに沿うために低炭素技術を活用しているため、生産とサプライ・チェーン全体でカーボンフットプリントの削減に関する関心が高まっており、自動車用金属市場の見通しは良好です。業界の報告によると、2024年のCO2総排出量は昨年の406億トンに対して416億トンになると予想されています。アルミニウムの生産者は、水力発電を利用した製錬を行いながら、排出量を削減するために再生可能エネルギーも利用しています。ライフサイクルアセスメント（LCA）は、採掘と使用済みリサイクルの各段階における材料の環境影響をあらゆる角度から評価する、通常のアプローチに急速になりつつあります。金属、特にアルミニウムとマグネシウムの軽量化は、低燃費車を増加させることによって排出量を削減します。これらの要因は、炭素の価格決定メカニズム、より環境に優しい製品を求める消費者の需要、そしてカーボンフットプリント削減を自動車用金属産業の中心的な焦点とする企業のネット・ゼロ目標によって支えられています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界の自動車用金属市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：製品別

• アルミニウム
• 鋼鉄
• マグネシウム
• その他

第7章 市場内訳：用途別

• ボディの構造
• パワートレイン
• サスペンション
• その他

第8章 市場内訳：最終用途別

• 乗用車
• 小型商用車
• 大型商用車

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋地域
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場内訳：国別

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Allegheny Technologies Incorporated
  • ArcelorMittal S.A.
  • JSW Steel Ltd
  • Nippon Steel Corporation
  • Novelis Inc.（Hindalco Industries Limited）
  • Nucor Corporation
  • POSCO
  • Tata Steel Ltd
  • Thyssenkrupp AG
  • United States Steel Corporation
  • Voestalpine AG

List of Figures

• Figure 1: Global: Automotive Metals Market: Major Drivers and Challenges
• Figure 2: Global: Automotive Metals Market: Sales Value (in Billion USD), 2019-2024
• Figure 3: Global: Automotive Metals Market Forecast: Sales Value (in Billion USD), 2025-2033
• Figure 4: Global: Automotive Metals Market: Breakup by Product (in %), 2024
• Figure 5: Global: Automotive Metals Market: Breakup by Application (in %), 2024
• Figure 6: Global: Automotive Metals Market: Breakup by End Use (in %), 2024
• Figure 7: Global: Automotive Metals Market: Breakup by Region (in %), 2024
• Figure 8: Global: Automotive Metals (Aluminum) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 9: Global: Automotive Metals (Aluminum) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 10: Global: Automotive Metals (Steel) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 11: Global: Automotive Metals (Steel) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 12: Global: Automotive Metals (Magnesium) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 13: Global: Automotive Metals (Magnesium) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 14: Global: Automotive Metals (Other Products) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 15: Global: Automotive Metals (Other Products) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 16: Global: Automotive Metals (Body Structure) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 17: Global: Automotive Metals (Body Structure) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 18: Global: Automotive Metals (Power Train) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 19: Global: Automotive Metals (Power Train) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 20: Global: Automotive Metals (Suspension) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 21: Global: Automotive Metals (Suspension) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 22: Global: Automotive Metals (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 23: Global: Automotive Metals (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 24: Global: Automotive Metals (Passenger Cars) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 25: Global: Automotive Metals (Passenger Cars) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 26: Global: Automotive Metals (Light Commercial Vehicles) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 27: Global: Automotive Metals (Light Commercial Vehicles) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 28: Global: Automotive Metals (Heavy Commercial Vehicles) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 29: Global: Automotive Metals (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 30: North America: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 31: North America: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 32: United States: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 33: United States: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 34: Canada: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 35: Canada: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 36: Asia-Pacific: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 37: Asia-Pacific: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 38: China: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 39: China: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 40: Japan: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 41: Japan: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 42: India: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 43: India: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 44: South Korea: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 45: South Korea: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 46: Australia: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 47: Australia: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 48: Indonesia: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 49: Indonesia: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 50: Others: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 51: Others: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 52: Europe: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 53: Europe: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 54: Germany: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 55: Germany: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 56: France: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 57: France: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 58: United Kingdom: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 59: United Kingdom: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 60: Italy: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 61: Italy: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 62: Spain: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 63: Spain: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 64: Russia: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 65: Russia: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 66: Others: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 67: Others: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 68: Latin America: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 69: Latin America: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 70: Brazil: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 71: Brazil: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 72: Mexico: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 73: Mexico: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 74: Others: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 75: Others: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 76: Middle East and Africa: Automotive Metals Market: Sales Value (in Million USD), 2019 & 2024
• Figure 77: Middle East and Africa: Automotive Metals Market: Breakup by Country (in %), 2024
• Figure 78: Middle East and Africa: Automotive Metals Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 79: Global: Automotive Metals Industry: SWOT Analysis
• Figure 80: Global: Automotive Metals Industry: Value Chain Analysis
• Figure 81: Global: Automotive Metals Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Automotive Metals Market: Key Industry Highlights, 2024 and 2033
• Table 2: Global: Automotive Metals Market Forecast: Breakup by Product (in Million USD), 2025-2033
• Table 3: Global: Automotive Metals Market Forecast: Breakup by Application (in Million USD), 2025-2033
• Table 4: Global: Automotive Metals Market Forecast: Breakup by End Use (in Million USD), 2025-2033
• Table 5: Global: Automotive Metals Market Forecast: Breakup by Region (in Million USD), 2025-2033
• Table 6: Global: Automotive Metals Market: Competitive Structure
• Table 7: Global: Automotive Metals Market: Key Players

The global automotive metals market size was valued at USD 102.06 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 148.23 Billion by 2033, exhibiting a CAGR of 4.02% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 48.9% in 2024. The expanding vehicle production, preference for lightweight materials, progress in electric vehicle innovations, stricter emission standards, increased adoption of advanced alloys, and regional development through urbanization and infrastructure enhancements aligned with sustainability goals are positively impacting the automotive metals market share.

The market is majorly influenced by rapid urbanization and improving global economic conditions that fuel vehicle production, thereby increasing metal consumption. Moreover, continual technological advancements in metallurgy, such as high-strength steel and aluminum alloys, expand applications in automotive design, which is providing an impetus to the automotive metal market growth . For example, Amsted Automotive multi-functional shift technology, designed for electric and hybrid vehicle drivetrain systems, along with advanced powder metal and net-formed manufacturing technologies, was showcased on July 4-5, 2024. These innovations aim to enhance performance, increase range, and reduce costs in electrified powertrains. In addition to this, stringent environmental regulations encourage the adoption of recyclable and eco-friendly metals. Moreover, increased automotive manufacturing activities further contribute to the growth of the market on a global scale.

The United States is a significant region in the market, driven by the shift toward sustainable and lightweight materials to comply with federal fuel efficiency standards. Robust investments in electric vehicle (EV) production intensifies the need for advanced metals like aluminum and high-strength steel, which is expanding the automotive metal market size. The presence of a mature automotive industry and strategic partnerships between automakers and metal suppliers strengthen supply chain efficiency. For instance, on January 5, 2025, A Canadian lithium developer, Patriot Battery Metals, and the Volkswagen Group formed a strategic alliance, investing approximately USD 69 Million to acquire a 9.9% stake in the company. The partnership aims to secure a long-term supply of lithium for Volkswagen's electric vehicle production in Europe and North America. Apart from this, supportive government incentives for EV adoption and infrastructure development significantly stimulate demand for automotive metals in the United States.

Automotive Metals Market Trends:

Shift Toward Lightweight Materials

The paradigm shift towards lighter-weight materials in the resultant endeavor to adhere to stringent fuel efficiency and emission norms is one of the significant automotive metals market trends globally. Governments across the globe are cutting down on carbon emissions to an alarming limit and have made automobile makers, including vehicle lighting, as a solution to such problems. Graphene, aluminum, magnesium, and advanced high-strength steel are being slowly replaced for the usage of traditional steel in automobiles. Graphene has specific properties that make it ideal for technical applications, such as advanced battery housing structures in lightweight construction and heat-dissipation systems in electric vehicles. Aluminum usage in EVs is especially valued for its strength-to-weight ratio and corrosion resistance in body panels, engine components, and chassis applications. The partnerships between material producers further enhance this development; these relationships spur new ideas and expansion in the market. For instance, HEG said that on January 11, 2025, it entered a Memorandum of Understanding between TACC Limited and Ceylon Graphene Technologies (CGT) with an intent to enter jointly a graphene manufacturing collaboration. The collaboration will combine TACC's manufacturing know-how for synthetic graphite and CGT's high-end vein graphite for manufacturing graphene and its derivatives.

Rising Adoption of Electric Vehicles (EVs)

The growing adoption of electric vehicles among the masses is increasing the automotive metals market demand as the need for specific materials is being fueled. According to an industry report on January 14, 2025, nearly 64% of consumers are inclined to select an electric vehicle (EV) for their next purchase. The survey, encompassing over 1,300 respondents from various countries, revealed that 60% perceive charging infrastructure as a significant challenge, while 56% are willing to invest up to USD 40,000 in an EV. Additionally, 90% of manufacturers emphasized that advancements in battery technology are essential for improving EV range and charging speed. EVs require lighter, high-performance materials to optimize battery efficiency and vehicle range. This has led to a surge in the use of aluminum and magnesium alloys, as well as composites, for structural and thermal applications. The growth of EV-specific designs and maximization of performance and sustainability shape material innovation and global supply chains.

Growing focus on Reducing Carbon Footprints

The increase in concerns regarding carbon footprint reduction across the production and supply chain are creating a favorable automotive metals market outlook, as automotive companies and metal producers utilize low-carbon technologies to be in line with stringent environmental norms and sustainability initiatives. As per industry reports, total CO2 emissions for 2024 are expected to be 41.6 Billion Tons against last year's 40.6 Billion Tons. The producers of aluminum are also utilizing renewable energy to reduce emissions while smelting with hydropower. Life cycle assessments (LCA) are fast becoming the normal approach, weighing up all dimensions of the environmental impact of the material at each step of extraction and end-of-life recycling. The light weight of the metals, especially aluminum and magnesium, reduces emissions by increasing the fuel-efficient cars. These factors are supported by carbon pricing mechanisms, consumer demand for greener products, and corporate net-zero goals that make carbon footprint reduction a central focus in the automotive metals industry.

Automotive Metals Industry Segmentation:

Analysis by Product:

• Aluminum
• Steel
• Magnesium
• Others

Steel leads the market with around 70.0% of the market share in 2024 due to the high versatility, tensile strength, and cost-effectiveness. In addition to this, several vehicle manufacturers use it since it makes up an important proportion of the overall automobile weight. Due to its durability and tensile strength, the material is utilized for most crucial parts, such as chassis, body structures, and suspension systems. Advanced high-strength steel (AHSS) variants have further developed their role in providing superior performance while reducing weight, which supports the fuel efficiency and emissions reduction goals. Its recyclability aligns with sustainability efforts, making it an important part of eco-friendly vehicle production. Moreover, the adaptability of steel to forming and welding processes enables manufacturers to create complex designs with precision.

Analysis by Application:

• Body Structure
• Power Train
• Suspension
• Others

Body structure leads the market with around 38.8% of the market share in 2024. As the backbone of the vehicle for safety, durability, and performance, the body structure forms the primary frame and panels of the machine. Materials such as advanced high-strength steel, aluminum, and magnesium are increasingly used for body structures because they can combine strength with lightweight properties. The design and material options of body structures have a significant bearing on the merits of crashworthiness, aerodynamics, and fuel efficiency. With stringent regulations on emissions and safety, automakers are prioritizing lightweight yet robust solutions, which brings up new opportunities for material technologies..

Analysis by End Use:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Passenger cars lead the market with around 70.0% of the market share in 2024, primarily driving demand for materials that help improve performance, safety, and efficiency. Building passenger vehicles involves a combination of these metals: steel, aluminum, and magnesium. Advanced high-strength steel is widely used in structural components that provide crash resistance and rigidity. In contrast, aluminum is used for lightweight properties that are helpful in saving fuel and lowering emissions. The increasing adoption of electric vehicles results in the need for lightweight metals more necessary to balance the weight of batteries. Passenger car designs also require materials to enable complex shapes, high recyclability, and cost efficiency.

Regional Analysis:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

In 2024, Asia-Pacific accounted for the largest market share of over 48.9% with a healthy production volume of vehicles, huge consumers, and an expanding industrial sector. Large proportions of the total world automobile production of China, India, Japan, and South Korea lie in this region. Growing middle-class populations and disposable income in the economies raise the demands for passenger vehicles as well as commercial vehicles, thereby propelling the demand for automotive metals. Asia Pacific is also an important steel and aluminum-producing region, thus bringing in the cost and supply chain advantages in vehicle production. In addition to this, the region is seeing a rapid deployment of electric vehicles, which enhances the demand for lightweight technologies such as aluminum and magnesium.

Key Regional Takeaways:

United States Automotive Metals Market Analysis

The United States holds a substantial share of the North American automotive metals market at 84.70% due to the progress occurring in automobile production. Manufacturers are rapidly adopting high-technology materials in their products in accordance with growing needs for more efficiency, reduced weight, and superior performance. With EVs and lightweight components, manufacturers are adding new metal alloys and composites that provide strength, durability, and reduced weight, which lead to better fuel economies and sustainability. For instance, auto manufacturers have announced investments of over USD 75 Billion in the U.S. since the beginning of 2021. New technologies and manufacturing methods are fueling the demand for specialized automotive metals, especially in the areas of powertrains and battery casings. Regulatory pressures toward reducing carbon emissions and enhancing vehicle safety have also encouraged further utilization of these materials, thereby underpinning their essential role in modern car production. The greater push toward sustainability, performance, and efficiency will continue to influence the adoption of automotive metals in the automotive industry.

Asia Pacific Automotive Metals Market Analysis

The demand for automotive metals is rising as a result of large investments in the Asia-Pacific automobile sector. According to the India Brand Equity Foundation, cumulative equity FDI inflow into the automobile sector has reached approximately USD 35.65 Billion between April 2000 and December 2023. With substantial capital going into production facilities, technological advancements, and research into material sciences, the automotive industry is increasingly turning towards specialized metals to meet performance and regulatory standards. Also, the need for electric vehicles (EVs) is growing remarkably. Therefore, EV manufacturers seek lightweight, durable, and energy-efficient materials. This is prompting metal suppliers to innovate metals that meet battery casings, powertrains, and vehicle frames. Additionally, the implementation of supportive government policies that encourage the manufacture of automobiles and their export increases the usage of advanced metals so that manufacturers are equipped to face global competition. The expansion of production capacities and adoption of advanced materials supports the rising demand for automotive metals in the region.

Europe Automotive Metals Market Analysis

In Europe, the increasing vehicle ownership is significantly influencing the demand for automotive metals. The International Council on Clean Transportation estimates that in 2023, there were 10.6 million new automobile registrations in the 27 Member States, which is 14% more than in 2022. As the number of cars on the roads continues to rise, there is a growing need for high-quality metals to meet the requirements of production, maintenance, and repair. The shift towards electric mobility is also driving this trend, as manufacturers require specialized metals for the construction of lightweight yet durable EV components, including chassis, body panels, and batteries. Moreover, metals like aluminum, magnesium, and high-strength steel are becoming increasingly important in car design due to the increased emphasis on lowering vehicle emissions and increasing fuel efficiency. The growing demand for vehicles in urban and rural areas alike is further driving the adoption of automotive metals to meet the needs of vehicle longevity, repair, and recyclability. The combination of regulatory mandates and market demand for sustainable, high-performance vehicles is expected to continue propelling the use of automotive metals throughout the continent.

Latin America Automotive Metals Market Analysis

In Latin America, increasing disposable income is driving the demand for passenger cars, which is leading to a higher need for automotive metals. For example, over the years 2021-2040, Latin America's total disposable income is expected to increase by almost 60% in real terms. Several people in the region are acquiring financial means, and the need for personal transportation is on the rise, which further fuels vehicle purchases. This increased number of vehicles owned has made the demand for lighter, cheaper materials that enhance fuel efficiency and performance even more crucial. The demand for cheaper yet high-performance metals is very evident as consumers look for vehicles that offer reliability, durability, and value for money. As automobile manufacturers target this increasing demand, the automobile industries increasingly use specialized automotive metals to serve the evolving requirements of consumers and regulatory demand for environmental sustainability. Regional growth toward new-generation, environment-friendly automobiles also lends support to the adoption of advanced metal alloys that improve fuel efficiency.

Middle East and Africa Automotive Metals Market Analysis

The increased demand for Light Commercial Vehicles (LCV) in the Middle East and African region contributes to the growth of the market in the region. For example, the logistics industry makes up 6% of the Kingdom of Saudi Arabia's GDP and is expected to increase to 10% by 2030, or over USD 5.36 billion. These vehicles, which are essential for transportation and delivery services, require metals that offer a balance of strength, durability, and weight efficiency. As the region invests in infrastructure development and urbanization, the need for reliable logistics solutions continues to grow, spurring the demand for LCVs. Automotive metals, particularly lightweight alloys and high-strength steels are crucial for building vehicles that can handle heavy loads while maintaining fuel efficiency. E-commerce, retail distribution, and regional trade activities are becoming increasingly important, further accelerating the demand for these types of vehicles. As logistics companies expand and modernize their fleets to meet growing consumer demands, the adoption of automotive metals remains a key factor in ensuring that LCVs are optimized for performance and cost-effectiveness.

Competitive Landscape:

The global market is highly competitive, with intense competition among manufacturers to meet the changing needs of the automotive industry. Key players in the market are developing lightweight, durable, and high-strength metals that enhance vehicle performance, fuel efficiency, and safety. Technological advancements, such as advanced alloys and innovative production methods, play a crucial role in maintaining a competitive edge. Moreover, investment increases in research and development (R&D) activities fuel innovations to support rising demand for EVs and sustainability in materials. Regional manufacturers take advantage of the available raw materials and low-cost production capabilities, which further intensifies competition in the market. Business strategies are further being aligned towards global sustainability parameters, focusing more on recycling and cutting carbon footprints to adhere strictly to the string of environmental policies.

The report provides a comprehensive analysis of the competitive landscape in the automotive metals market with detailed profiles of all major companies, including:

• Allegheny Technologies Incorporated
• ArcelorMittal S.A.
• JSW Steel Ltd
• Nippon Steel Corporation
• Novelis Inc. (Hindalco Industries Limited)
• Nucor Corporation
• POSCO
• Tata Steel Ltd
• Thyssenkrupp AG
• United States Steel Corporation
• Voestalpine AG

Key Questions Answered in This Report

• 1.How big is the automotive metals market?
• 2.What is the future outlook of the automotive metals market?
• 3.What are the key factors driving the automotive metals market?
• 4.Which region accounts for the largest automotive metals market share?
• 5.Which are the leading companies in the global automotive metals market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Automotive Metals Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product

• 6.1 Aluminum
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Steel
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Magnesium
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Application

• 7.1 Body Structure
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Power Train
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Suspension
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by End Use

• 8.1 Passenger Cars
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Light Commercial Vehicles
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Heavy Commercial Vehicles
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Allegheny Technologies Incorporated
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 ArcelorMittal S.A.
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
    • 14.3.2.4 SWOT Analysis
  • 14.3.3 JSW Steel Ltd
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
  • 14.3.4 Nippon Steel Corporation
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Novelis Inc. (Hindalco Industries Limited)
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
    • 14.3.5.3 SWOT Analysis
  • 14.3.6 Nucor Corporation
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 POSCO
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 Tata Steel Ltd
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
    • 14.3.8.4 SWOT Analysis
  • 14.3.9 Thyssenkrupp AG
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis
  • 14.3.10 United States Steel Corporation
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
    • 14.3.10.4 SWOT Analysis
  • 14.3.11 Voestalpine AG
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis