Middle East & Africa Automotive Aluminum Market Outlook

the middle east and africa region has seen a steady rise in automobile sales in this decade, which has driven up the demand for automotive aluminum in the region. automotive aluminum is increasingly being used to reduce vehicle weight thereby improving overall fuel efficiency. though the automotive industry in the region is still largely dependent on automotive steel, the growing trend of using aluminum is expected to fuel the wider automotive aluminum market in the near future. the middle east and africa region has enormous potential when it comes to automotive aluminum demand because of its vast and varied landscape. the regional automotive industry has been witnessing steady incremental growth due to increasing rates of economic development. with many automotive producers setting up shop in the region, the demand for automotive aluminum is expected to rise in the near future. drivers of the middle east and africa automotive aluminum market consist of increasing automotive production in the region, faster product adaptation by the automotive industry, increasing consumer preference for aluminum in cars, increasing production of commercial vehicles, government support for the industry, etc. in the middle east, countries like iran, saudi arabia, uae, turkey, and egypt are the major automotive aluminum consumers, while south africa is the largest consumer in africa. the market is segmented according to product type into aluminum alloy sheets, aluminum brazing sheets, aluminum strands, aluminum bars, aluminum forgings, aluminum sheets, aluminum extrusions, aluminum foils, aluminum pipes, and others. amongst these, aluminum alloy sheets account for a major portion of the market and its demand is expected to keep rising in the future. the competitive landscape in the region is highly fragmented with the presence of big players such as hindalco, abb aluminum, emirates aluminium, and alcoa. these companies are investing heavily in research and development to make aluminum more efficient and develop better alloy forms. with the growing demand and increasing production of aluminum in the region, production capacity and investment in the automotive aluminum industry is expected to grow significantly in the coming years. the middle east and african automotive aluminum market is expected to progress at a healthy rate over the forecast period of 2018-2032.