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The Automotive Aluminum market is a subset of the Automotive Materials market, which encompasses the materials used in the production of vehicles. Automotive Aluminum is a lightweight, corrosion-resistant metal that is increasingly being used in the automotive industry due to its strength and durability. It is used in the production of vehicle frames, body panels, and other components, and is often used in combination with other materials such as steel and composites. Automotive Aluminum is also used in the production of fuel tanks, exhaust systems, and other components.
The use of Automotive Aluminum has grown in recent years due to its cost-effectiveness and environmental benefits. It is also highly recyclable, making it an attractive option for automakers looking to reduce their environmental impact.
Some of the major companies in the Automotive Aluminum market include Alcoa, Novelis, Constellium, Norsk Hydro, and Rio Tinto. Show Less Read more