???????? ?? ??? ?????? – Alloy Market for Automotive – by Product Type (Steel, Aluminum, and Magnesium), by Applications (Structural, Exterior, Power Train, and Others), by Vehicle Type (Light Commercial Vehicle, Heavy Commercial Vehicle, and Passenger Cars), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa) is estimated to be valued at US$ XX million in 2021 and is expected to exhibit a CAGR of XX% over the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights
Automotive alloys are easy to mold and are very ductile in nature. They provide more strength to pure metals.
??? ????????? ???????: ThyssenKrupp AG, Sumitomo Metal Corporation, AMG Advanced Metallurgical Group, UACJ Corporation, Arcelormittal SA, Nippon Steel & Sumitomo Metal Corp., Constellium N.V., Alcoa Inc., Norsk Hydro ASA, and Novelis Inc.
Increasing penetration of electric vehicle is driving growth of the aluminum alloys market. According to the International Energy Agency, sales of electric cars topped 2.1 million globally in 2019, surpassing 2018 to boost the stock to 7.2 million electric cars. Electric cars, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase.
Growing disposable income is another key factor propelling market growth. According to the report by Bureau of Economic Analysis (BEA), Disposable Personal Income (DPI) in the U.S. increased by US$ 39.8 billion (0.3 %) in April 2018 as compared to 2017.
➤ North America: United States, Mexico and Canada
➤ South & Central America: Argentina, Chile, Brazil and Others
➤ Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.
➤ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.
➤ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.
The outbreak COVID-19 disease has badly affected many industries and automobile is one such industry. During these time supply chain and automobile production, operations, and capital spending was completely closed. The industry has put restrictions on the export and import of automobiles and components. Moreover, this infection has forced around 95 percent of all German automotive companies to shut down and remained closed for month or more. These are challenging times for automotive industry which is one of the most important of the economy.
The Alloy Market for Automotive market is expected to exhibit a CAGR of XX % over the forecast period owing to the increasing penetration of electric vehicle
Europe is expected to witness significant growth over the forecast period owing to the strong presence of automotive industry.According to the European Automobile Manufacturers Association, 10.8 million passenger cars were made in the European Union in 2020, a drop of 23.3% compared to 2019. This interactive chart shows the number of passenger cars produced in the EU, and each of the 27 member states, during the 2009-2020 period.
➤ What is the estimated growth rate of the market for the forecast period of 2022-2028?
➤ What will the market size be in the anticipated time frame?
➤ What are the primary aspects that will determine the Alloy Market for Automotive‘s fate over the forecast period?
➤ What are the major market players’ winning strategies for building a strong presence in the Alloy Market for Automotive industry?
➤ What are the primary market trends influencing the Alloy Market for Automotive’s growth in various regions?
➤ What are the biggest dangers and difficulties that are likely to stymie the Alloy Market for Automotive’s growth?
➤ What are the most critical opportunities for market leaders to succeed and profit?
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1. Market Overview
Research Objective and Assumption
2. Market Preview
Market Definition and Scope
Market Snippet, By Function
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3.Market Dynamics, Regulations, and Trends Analysis
Merger and Acquisitions
New system Launch/Approvals
Value Chain Analysis
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