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Report Overview

The Brazil automotive aluminium market is projected to grow at a CAGR of 8.10% between 2025 and 2034. The market is driven by the robust automotive sector and rising demand for electric vehicles.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • The automotive sector in Brazil is set to allocate an investment of BRL 41.4 billion by the year 2032.

  • Electric vehicle sales in Brazil nearly doubled in 2023, reaching 93,927 by the end of December, compared to only 49,245 the year before.

  • In 2021, Brazil's exports of bauxite and aluminium amounted to US$ 2.9 billion, representing approximately 2.5% of the nation's total export figures.

Brazil Automotive Aluminium Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million XX
Market Size 2034 USD Million XX
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 8.10%
CAGR 2025-2034 - Market by Region Others 8.8%
CAGR 2025-2034 - Market by Region Minas Gerais 8.6%
CAGR 2025-2034 - Market by Form Extruded Aluminium 9.3%
CAGR 2025-2034 - Market by Application Power Train 8.7%
2024 Market Share by Region Bahia 4.6%

Brazil Automotive Aluminium Market Growth

The automotive sector in Brazil is set to receive a substantial boost with an anticipated $20 billion (100 billion reais) in investments by 2029. In June 2024, Brazil's motor vehicle sales saw a total of 214,281 units sold, marking an increase from the 194,224 units sold in the previous month. The utilisation of aluminium in the automotive sector has experienced significant growth due to its numerous advantages, such as its lightweight nature, durability, and recyclability. Aluminium is commonly used for various exterior body components like hoods, doors, trunks, and roofs, contributing to the reduction of overall vehicle weight and enhancement of fuel efficiency. As auto manufacturers strive to enhance fuel efficiency, performance, and sustainability, the utilisation of aluminium in vehicle design and manufacturing processes is projected to expand in the coming years.

Aluminium is a commonly utilised material in the manufacturing of electric vehicle battery housings and structures for decreasing weight and enhancing thermal regulation. The lightweight nature of aluminium renders it well-suited for electric motor housings, thereby contributing to the overall efficiency of the vehicle. In 2023, Brazil witnessed a substantial upsurge in the adoption of electric vehicles (EVs), surpassing all projections with 93,927 registrations by year-end. This represented a remarkable 91% increase from 2022, during which 49,245 EV units were sold. By April 2024, Brazil had imported 40,900 electric and hybrid vehicles from China, marking a thirteen-fold increase from the previous year.

Brazil Automotive Aluminium Industry Segmentation

“Brazil Automotive Aluminium Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Form:

  • Cast Aluminium
  • Rolled Aluminium
  • Extruded Aluminium

Market Breakup by Application:

  • Power Train
  • Chassis and Suspension
  • Car Body
  • Others

Market Breakup by Region:

  • São Paulo
  • Minas Gerais
  • Rio de Janeiro
  • Bahia
  • Rio Grande do Sul

CAGR 2025-2034 - Market by Region
Others 8.8%
Minas Gerais 8.6%
São Paulo XX%
Rio de Janeiro XX%
Bahia XX%
Rio Grande do Sul XX%

Brazil Automotive Aluminium Market Share

Based on the application, the market is segmented into power train, chassis and suspension, and car body, among others. The power train segment is projected to grow at a CAGR of 8.7% during the forecast period of 2025-2034. The utilisation of aluminium in vehicle powertrain components is on the rise, attributed to its beneficial characteristics. Aluminium's weight is considerably less than that of conventional materials such as steel and iron, leading to a reduction in the overall weight of the vehicle. This reduction enhances fuel efficiency and lowers emissions, positioning aluminium as an optimal material for powertrain applications.

Leading Companies in the Brazil Automotive Aluminium Market

Major players are focusing on the adoption of technological advancements and sustainable production practices to gain a competitive edge in the market.

  • Adybrass Fundição
  • Auricar Com e Ind Ltda. 
  • Metalúrgica Fremar - LTDA 
  • Orvy Ltda. 
  • Vlados Aluminum Ltda. 
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 8.10% between 2025 and 2034.

The market is being driven by the growing automotive sector and the rise in sales of electric vehicles.

The key trends aiding the market expansion include technological advancements in manufacturing and investment in research and development.

The major regions considered in the market are São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul.

The major applications of automotive aluminium are power train, chassis and suspension, and car body, among others.

The major players in the market are Adybrass Fundição, Auricar Com e Ind Ltda., Metalúrgica Fremar – LTDA, Orvy Ltda., and Vlados Aluminum Ltda., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Application
  • Region
Breakup by Form
  • Cast Aluminium
  • Rolled Aluminium
  • Extruded Aluminium
Breakup by Application
  • Power Train
  • Chassis and Suspension
  • Car Body
  • Others
Breakup by Region
  • São Paulo
  • Minas Gerais
  • Rio de Janeiro
  • Bahia
  • Rio Grande do Sul
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Adybrass Fundição
  • Auricar Com e Ind Ltda.
  • Metalúrgica Fremar - LTDA
  • Orvy Ltda.
  • Vlados Aluminum Ltda.
  • Others

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