Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

A new survey released by the Aluminum Association confirmed aluminum is the fastest growing raw material used in automotive production. 


In a release dated August 12, the association predicted that 514 lb of aluminum will be used per vehicle (PPV) by 2026, a 12pc increase over this year. The amount of Aluminum pounds per vehicle is slated to rise by 24pc to 570 by 2030. 


The Aluminum Association attributed this sharp rise to the electrification process, which is already underway in the auto industry and which will continue. Extruded aluminum is used to produce diecast parts with better structural integrity and reduced weight. 


Abey Abraham, managing director of DuckerFrontier—the firm that conducted the survey for the Aluminum Association—predicts that aluminum will see “relentless year-over-year growth through 2030.”


A good such example of what’s to come is the extensive use of aluminum structures in the making of the Ford Bronco and Jeep Gladiator. 

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