UK Automotive Aluminum Market Outlook

the u.k. automotive aluminum market is forecast to grow steadily over the next 14-year period, as automakers look for new ways to reduce vehicle weight and improve fuel efficiency. the market is expected to benefit from an increased focus on aluminum-based vehicles and components, changes in regulations, and the development of new, innovative technologies. in 2018, the u.k. automotive aluminum market was mainly driven by the automotive industry, which constituted more than 55% of the total demand for aluminum in the u.k. furthermore, the industry is expected to maintain a steady demand for aluminum over the coming decade, as light-weighting has become a key objective for automakers. moreover, the production of hybrid and electric vehicles is also driving up demand for aluminum in the automotive sector. light-weighting has been one of the major drivers of the u.k. automotive aluminum market, as automakers are looking to reduce vehicle weights in order to comply with increasingly stringent emissions standards and improve fuel efficiency. as a result, aluminum components are increasingly being used in vehicles instead of steel. furthermore, the implementation of new government regulations, such as the european union’s 2020 target of reducing co2 emissions by 95 g/km, will further drive the demand for aluminum as automakers continue to look for ways to reduce the weight of their vehicles. in addition, new technologies, such as aluminum-lithium alloys, are expected to be particularly beneficial to the u.k. automotive aluminum market, as these alloys are lighter, stronger, and more formable than traditional aluminum alloys, allowing automakers to further reduce vehicle weights and improve manufacturing and design processes. finally, the u.k. automotive aluminum market is expected to benefit from the rising popularity of electric cars, as they are typically lighter than their gasoline-powered counterparts. as the number of electric cars continues to rise, the demand for aluminum is expected to increase in the coming years.