Market Overview:
The global eutectic Al-Si alloy market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for lightweight and high strength materials in automotive and aerospace applications. In terms of volume, the global eutectic Al-Si alloy market is projected to reach 1,584 KT by 2030. Based on type, the global eutectic Al-Si alloy market has been segmented into single eutectic and hypereutectic alloys. The hypereutectic alloys segment is projected to grow at a higher CAGR as compared to the single eutectics segment during the forecast period. This can be attributed to their superior properties such as high tensile strength and stiffness coupled with low weight ratios as compared to other conventional aluminum alloys grades used in automotive and aerospace applications. In terms of application, the global eutectic Al-Si alloy market has been divided into aerospace, automobile and others (including marine & transportation equipment). The automobile application segment is estimated account for majority share of total volume consumption by 2030 end followed by aerospace application segments respectively .Asia Pacific region accounted for highest share in terms value due growing demand from countries such as China , Japan etc .
Product Definition:
Eutectic Al-Si alloy is a type of aluminum alloy that contains silicon and aluminum in equal amounts. This alloy has a very low melting point, making it easy to work with. It is often used in automotive and aerospace applications.
Single Eutectic:
Single Eutectic is a phase transition temperature of pure eutectic mixture. It represents the upper limit of liquid-state alloy and lower limit of solid-state alloy. Single Eutectic is also known as Snetztet or Sn/Tn (Sn, Tl) depending upon the ratio between Sn and Tl content in it.
Hypereutectic:
Hypereutectic is a phase transition in which the temperature of the alloy increases above its melting point without it ever reaching liquid state. The change from solid to liquid takes place at lower pressure than that required for eutectic transition, i.e., when the pressure is increased by approximately 10% compared to that required for eutectic transition, no significant changes occur in physical properties such as hardness and ductility.
Application Insights:
Automotive application segment led the global eutectic al-si alloy market in 2017, accounting for over 60% of the overall revenue share. The segment is projected to witness significant growth over the forecast period owing to increasing demand for lightweight vehicles with good performance characteristics. In addition, rising fuel prices and pollution have increased awareness regarding fuel efficiency and reduced emissions in automobiles, thereby driving demand for eutectic al-Si alloys in this application sector.
The aerospace industry is expected to witness rapid growth during the forecast period on account of growing passenger traffic and air cargo transportation across various regions including Asia Pacific, North America and Europe. This factor has resulted in increased utilization of aluminum alloys such as 2024 on a commercial scale by major aerospace manufacturers including Airbus SE., Ltd., Embraer S.A., Bombardier Inc., Sukhoi Civil Aircraft Co.
Regional Analysis:
Asia Pacific dominated the global eutectic al-si alloy market in terms of revenue with a share of over 45.0% in 2017. The region is expected to witness significant growth owing to increasing demand from the automotive industry and aerospace sector, especially for lightweight components that require high strength with low weight.
The presence of key automobile manufacturers such as Toyota, Honda Motor Co., Ltd., Suzuki Motor Corporation; Nissan Motors; Mazda Motor Corporation; Mitsubishi Electric Corp.; and Hyundai Auto Manufacturing Company Limited are based in Asia Pacific countries such as Japan, India, China and South Korea is anticipated to boost product demand over the forecast period. In addition, rising disposable income levels coupled with growing consumer awareness regarding fuel economy are likely to drive regional growth further.
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries
- Growing popularity of aluminum alloys as a replacement for traditional materials such as steel and copper
- Rising demand from the construction sector for architectural applications
- Increasing use of Al-Si alloys in electrical equipment owing to their thermal conductivity properties
- Technological advancements that are resulting in the development of new grades of Al-Si alloys with enhanced properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Eutectic Al-Si Alloy Market Research Report
By Type
Single Eutectic, Hypereutectic
By Application
Aerospace, Automobile
By Companies
Constellium, Alcoa Inc., Aluminum Corp. of China Ltd, Kaiser Aluminum Corporation, Norsk Hydro ASA, United Company RUSAL Plc, Dubai Aluminum Co, Aluminium Bahrain B.S.C., Aleris International Inc., Rio Tinto Alcan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Eutectic Al-Si Alloy Market Report Segments:
The global Eutectic Al-Si Alloy market is segmented on the basis of:
Types
Single Eutectic, Hypereutectic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Automobile
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Constellium
- Alcoa Inc.
- Aluminum Corp. of China Ltd
- Kaiser Aluminum Corporation
- Norsk Hydro ASA
- United Company RUSAL Plc
- Dubai Aluminum Co
- Aluminium Bahrain B.S.C.
- Aleris International Inc.
- Rio Tinto Alcan
Highlights of The Eutectic Al-Si Alloy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Eutectic
- Hypereutectic
- By Application:
- Aerospace
- Automobile
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Eutectic Al-Si Alloy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Eutectic Al-Si Alloy is a type of alloy that has the highest melting point of alloys. This alloy is made up of two different elements, aluminum and silicon, which are melted together to create a solid. The alloy has a high melting point because it doesn't have any liquid metal in it; instead, the two elements are melted together and form a solid.
Some of the major players in the eutectic al-si alloy market are Constellium, Alcoa Inc., Aluminum Corp. of China Ltd, Kaiser Aluminum Corporation, Norsk Hydro ASA, United Company RUSAL Plc, Dubai Aluminum Co, Aluminium Bahrain B.S.C., Aleris International Inc., Rio Tinto Alcan.
The eutectic al-si alloy market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Eutectic Al-Si Alloy Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Eutectic Al-Si Alloy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Eutectic Al-Si Alloy Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Eutectic Al-Si Alloy Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Eutectic Al-Si Alloy Market Size & Forecast, 2020-2028
4.5.1 Eutectic Al-Si Alloy Market Size and Y-o-Y Growth
4.5.2 Eutectic Al-Si Alloy Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Eutectic
5.2.2 Hypereutectic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automobile
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Eutectic Al-Si Alloy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Eutectic Al-Si Alloy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Eutectic
9.6.2 Hypereutectic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automobile
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Eutectic
10.6.2 Hypereutectic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automobile
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Eutectic
11.6.2 Hypereutectic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automobile
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Eutectic
12.6.2 Hypereutectic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automobile
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Eutectic
13.6.2 Hypereutectic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automobile
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Eutectic Al-Si Alloy Market: Competitive Dashboard
14.2 Global Eutectic Al-Si Alloy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Constellium
14.3.2 Alcoa Inc.
14.3.3 Aluminum Corp. of China Ltd
14.3.4 Kaiser Aluminum Corporation
14.3.5 Norsk Hydro ASA
14.3.6 United Company RUSAL Plc
14.3.7 Dubai Aluminum Co
14.3.8 Aluminium Bahrain B.S.C.
14.3.9 Aleris International Inc.
14.3.10 Rio Tinto Alcan
