Aluminum is found in nature in the form of aluminum sulfates and can also be produced from bauxite, which comprises various elements such as aluminum hydroxide, silicon, titanium, sulfur, gallium, vanadium oxides, chromium, iron, sulfuric calcium, and magnesium carbonates, among others. Aluminum is significantly lighter than steel, has good tensile strength, and is easier to mold, making it a preferred choice in various industries. Aluminum was first used in a sports car back in 1899, two years later an engine with aluminum parts was first built. Ever since, aluminum has been used by automotive manufacturers, owing to the inexpensiveness application in mass- produced vehicles. Vehicles manufactured using advanced aluminum alloys are more fuel efficient and reduce carbon emissions, making it more environment-friendly as compared to vehicles manufactured using steel. Automotive manufacturers are focusing on improving performance, fuel economy and reducing emissions, without affecting the size, safety, and capability, a factor that has led to significant growth of the Automotive Aluminum Market.
Leading Companies in the Automotive Aluminum Industry:
1. Alcoa Inc
Alcoa Incin 1988 and it’s headquarters Pittsburgh, Pennsylvania, United States. The company operates in 10 countries. In 2021 Ford and Alcoa announced a joint development agreement to collaborate on advanced automotive aluminum
2. Arconic Inc..
Arconic Inc. founded in 1988, and its Headquarters located in Pittsburgh, Pennsylvania, United States. The company operates in 42 nations.
