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Metal Alloys Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Rusal, JSL Limited, POSCO, Western Metal Materials Co. Ltd., Tsingshan Holding Group, Shanxi Taigang Stainless Steel Co. Ltd
Metal Alloys Market
Metal Alloys Market Size, Growth Rate, And Forecast
The global metal alloys market size is expected to grow from $282.15 billion in 2022 to $300.03 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal alloys market size is expected to grow to $375.83 billion in 2027 at a CAGR of 5.8%.
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Metal Alloys Market Drivers
Growth in the automotive industry is expected to propel the growth of the metal alloys market going forward. The automotive industry refers to industries associated with the production, retailing, wholesaling, and maintenance of motor vehicles.
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Metal Alloys Market Segments
1) By Material: Stainless Steel Alloys, Aluminum Alloys, Bronze Alloys, Nickel Alloys, Other Materials
2) By Process: Casting, Hot and Cold Rolling
3) By Application: Transportation, Construction, Packaging, Machinery, Electrical, and Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Metal Alloys market.
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Metal Alloys Market Key Players
Major players in the metal alloys market are Rusal, JSL Limited, POSCO, Western Metal Materials Co. Ltd., Tsingshan Holding Group, Shanxi Taigang Stainless Steel Co. Ltd., Baosteel Stainless Steel Co. Ltd., Guangxi Beibu Gulf New Materials, VSMPO-AVISMA Corporation, Acerinox S.A., Aperam S.A., Thyssen Krupp, IHI Master Metal, Aubert & Duva, and Carpenter
The Business Research Company's "Global Metal Alloys Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Metal Alloys Market Include:
1. Executive Summary
2. Metal Alloys Market Characteristics
3. Metal Alloys Market Trends And Strategies
4. Metal Alloys Market - Macro Economic Scenario
5. Metal Alloys Market Size And Growth
……
27. Metal Alloys Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Metal Alloys Market
29. Metal Alloys Market Future Outlook and Potential Analysis
30. Appendix
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