Egypt Automotive Aluminum Market Report and Forecast 2025-2034

Egypt Automotive Aluminum Market Size

The Egypt automotive aluminum market is projected to grow at a CAGR of 6.8% between 2024 and 2032.

Egypt Automotive Aluminum Market Outlook

• Egyptalum, a major aluminum producer in the country, was allocated around USD 1 billion to expand its production capacity by 300,000 tonnes annually, which can boost the supply of aluminum to the automotive sector.

• As per the industry reports in 2022, Egypt has 15 assembly plants for passenger and commercial vehicles, which creates a steady demand for aluminum.

• Scatec ASA, a renewable energy provider, announced in February 2024 that it has entered into an agreement for the construction of a 1-GW solar project aimed at providing sustainable power for Egypt Aluminum Company's operations in the Upper Egypt facility.

Egypt Automotive Aluminum Market Growth

The expansion of the automotive sector in the country, stringent rules and regulations emphasising the usage of light materials such as aluminum for automotive production, and the shift towards electric vehicles are some of the prominent market drivers. Automakers are increasingly focused on reducing the weight of vehicles and improving their fuel efficiency, which boosts the demand for materials like aluminum which is lighter than steel.

Improved alloy composition of aluminum to enhance its properties and further make it attractive for usage in different vehicle components is an emerging trend in the market. Furthermore, the growing focus on a robust supply chain in Egypt to ensure a steady supply of aluminum in various end-use sectors such as construction and automotive is fostering the market expansion.

Egypt Automotive Aluminum Industry Segmentation

“Egypt Automotive Aluminum Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Form

• Cast Aluminum

• Rolled Aluminum

• Extruded Aluminum

Market Breakup by Vehicle Type

• Passenger Cars

• Light Commercial Vehicles (LCV)

• Heavy Commercial Vehicles (HCV)

Market Breakup by Application

• Powertrain

• Chassis and Suspension

• Car Body

Egypt Automotive Aluminum Market Share

Based on vehicle type, the market is divided into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV). Passenger cars occupy a significant share of the market as they have long been the preferred choice of transportation for individuals and families in Egypt. They offer convenience, comfort, and flexibility, making them the most popular vehicle type in the country. Additionally, the use of aluminum in passenger cars allows for greater design flexibility as it can be easily moulded and shaped into various forms.

Leading Companies in the Egypt Automotive Aluminum Market

The market players are focused on developing automotive components with alloys that offer superior performance and durability.

• Alumisr Co.

• Metallurgical Industries Holding Co. (Egyptalum)

• Delemar co.

• CANEX Aluminum

• Others

Key Highlights of the Report