Global Automotive Body Sheet Market 2022-2030

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    GLOBAL AUTOMOTIVE BODY SHEET MARKET

     

    INTRODUCTION

    The superstructure of every vehicle is called the body. It can be built either integrally with the chassis or separately and fastened to the chassis (i.e. Frameless construction).

     

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    The body and chassis together make up the entire vehicle. Windows, doors, the engine cover, the roof, the baggage cover, etc. make up a body.

     

    The stamping method is used by the automotive industry to quickly produce deep drawn sheet components for its mass-market vehicles. However, aluminium sheet has challenges compared to steel because of its lower formability as automakers design ever-more sophisticated components.

     

    GLOBAL AUTOMOTIVE BODY SHEET MARKET SIZE AND FORECAST

     

    The global automotive body sheet market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

     

    RECENT ACQUISITIONS

    To address the Department of Justice concerns about Novelis’s acquisition of Aleris, a federal court should force Hindalco-owned Novelis to sell off all of Aleris Corporation’s North American businesses for aluminum car body sheets. Hindalco Industries Limited’s wholly-owned subsidiary Novelis Aleris was a Delaware corporation with a Cleveland, Ohio, headquarters until Novelis purchased it.

     

    The automotive, aerospace, building, and construction industries are just a few of the industries that Aleris supplies with flat-rolled aluminum products. The Department’s Antitrust Division agreed with Novelis and Aleris to refer the dispute to binding arbitration if Novelis and Aleris were unable to allay the United States’ competition concerns with the acquisition before filing its civil antitrust complaint to halt the merger.

     

    Constellium N.V. declared that it has signed a legally binding purchase agreement with UACJ Corporation and Tri-Arrows Aluminum Holding Inc. in the United States. The 225,000 square foot Bowling Green factory, which opened , provides coil and sheet for closure inners, outer surfaces, and body-in-white.

     

    It contains a cutting-edge Continuous Annealing Line with Pretreatment (CALP) line that ANDRITZ Metals built and put into operation. With an accuracy of 1.5 mm, the line can finish strips with widths ranging from 700 to 2,200 mm and thicknesses between 0.5 and 3.2 mm. Cold-rolled alloys come in O and T4 tempers, such as the 5xxx and 6xxx alloys.

     

    The building also features a fully equipped lab for rigorous chemical and physical testing, as well as inspection and packing equipment. 

     

    RECENT DEVELOPMENT

    A potential solution is the use of the superplastic forming procedure to create components made of deeply drawn, thin-walled aluminium sheet. Three new aluminium alloys were recently introduced by Hydro for the superplastic forming of aluminium sheet, primarily for the automotive industry. rolled products, Hydro, who discussed the superplastic forming process and how Hydro’s new alloy innovations are making the method more competitive for the automobile sector.

     

    Aluminium sheet, usually made of the alloy 5083, can become superplastic when heated to 450–520°C after being substantially cold rolled. By modifying the material’s microstructure, this is achieved. The microstructure of the sheet is strengthened and made more difficult to create during the cold rolling process because distortions and dislocations are introduced.

     

    However, the aluminium microstructure changes to very small grains with a diameter of 10 microns or less if the material is heavily cold rolled until it becomes brittle and then heated.

     

    However, the aluminium microstructure changes to very small grains with a diameter of 10 microns or less if the material is heavily cold rolled until it becomes brittle and then heated. The more cold forming you do, the more intensely the material recrystallizes when heated, changing its microstructure and making it pliable. The substance forms quite well and the granules can move like wet sand.

     

    The addition of lightweight and sophisticated components will increase a vehicle’s economy and fuel performance in addition to lowering the total weight of the vehicle. It is anticipated that vehicles with lightweight, environmentally friendly body parts and structures will perform better and use less gasoline.

     

    This is expected to increase the product’s demand on the global market. Both the world’s population and per capita income have been rising. Changes in economic conditions, a growth in employment, and an expansion of industries have all fueled the car sector.

     

    The per capita income and purchasing power of the population have improved due to rising job levels, which has boosted the sale of luxury vehicles. More automobile body-in-white components made of premium materials are found in premium cars and utility vehicles.

     

    COMPANY PROFILE

    • Manor tool and manufacturing company
    • Wisconsin metal parts 
    • Tempco manufacturing company
    • American industrial co
    • Wiegel tool works 

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Automotive Body Sheets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Automotive Body Sheet and key vendor selection criteria
    3. Where is the Automotive Body Sheet manufactured? What is the average margin per unit?
    4. Market share of Global Automotive Body Sheet market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Automotive Body Sheet in-house
    6. key predictions for next 5 years in Global Automotive Body Sheet market
    7. Average B-2-B Automotive Body Sheet market price in all segments
    8. Latest trends in Automotive Body Sheet market, by every market segment
    9. The market size (both volume and value) of the Automotive Body Sheet market in 2022-2030 and every year in between?
    10. Production breakup of Automotive Body Sheet market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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