You can easily create aluminum alloy extruded profiles with certain complex sectional features that steel can’t, making this one of the effective techniques for vehicle lightweighting. Extruded profiles are often used as structural materials in numerous automobile parts due to their minimal weight and high stiffness.
The use of al extruded profiles in automobiles has dramatically increased due to advancements in al-processing, high-precision 3-dimensional bending procedure profiles technology, uniform yield, and microstructure control heat treatment technology of alloy materials. Some models’ Al content from the 1990s has increased to over 20%-30%. Analysis of the automotive aluminum extrusion market
According to estimates, the automotive aluminum extrusion market will be valued at USD 64.11 billion in 2027, with a CAGR of around 10.55%.
The automotive aluminum extrusion sector suffered from the COVID-19 pandemic’s production halts, trade restrictions, and lockdowns. The metal production loss severely harmed the market. It was spurred on by a drop in demand and a workforce shortage.
As the automotive industry recovers from the COVID-19 crisis, a market recovery is envisaged during the forecast timeframe. Additionally, to maintain customer continuity in critical areas of the car industry, manufacturers are putting emergency procedures in place to tackle impending business uncertainties.
Due to increased investment in R&D activities by various industry players, the global market for aluminum components in internal combustion and electric vehicles is expanding.
Automakers are required to abide by regulations governing how their goods impact the environment. Several government organizations, including the EPA, NHTSA, and California Air Resource Board, issued laws and regulations.
More automakers will likely be drawn to aluminum extruded parts due to several innovative advantages, including their ability to reduce overall vehicle weight. As a result, the market will see a rise in demand and sales.
Segmentation of the Automotive Aluminum Extrusion Industry
Extrusion is the technique of shaping materials using a dying force. Extrusion makes it possible to produce components or pieces with distinctive designs. All extrusions can be crucial in integrated solutions for engineering automobile structures and components.
Type, application, and geography are used to segment the automotive market.
The market is divided into four categories based on the following:
Type: Body Structure, exteriors, interiors, and various types.
Application: Light commercial vehicles, buses, and heavy and medium-duty commercial trucks.
Geographical divisions: They include North America, the Asia-Pacific region, Europe, and the rest of the world.
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Why does aluminum extrusion dominate the automotive industry so much?
Most aluminum extruders made for the automotive industry, like the frame girdle, front girder, and other parts, are used to assemble the car’s body.
Currently, aluminum profiles comprise 22% of a body’s aluminum alloy and are employed more frequently. There are many uses for aluminum profiles, but different equipment sizes are required for aluminum extrusion. The use of aluminum extrusions for automobiles has several benefits:
- They are nearly entirely recyclable.
- Extruded aluminum exhibits remarkable corrosion resistance.
- They weigh little.
- Much safer is aluminum.
As you can see, employing aluminum extrusions for the automotive industry has a lot of benefits; thus, it is understandable why this industry is currently experiencing growth. Due to its advantages in terms of durability and safety, aluminum is an obvious choice for manufacturing current and future vehicles.