Global New Light Alloy Material Market Research Report 2023

New light alloy materials refer to large-scale alloy materials with light weight, high strength, high temperature resistance, corrosion resistance and fatigue resistance that meet the transportation needs of transportation equipment.
The global New Light Alloy Material market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for New Light Alloy Material is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for New Light Alloy Material is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of New Light Alloy Material include Aluminum Bahrain B.S.C, Alcoa, UC Rusal, UACJ, Rio Tinto PLC, Hindalco Aluminum, Norsk Hydro ASA, Suntown Technology and Xiangtou Goldsky New Materials, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

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Key Segmentations
By Company
Aluminum Bahrain B.S.C
Alcoa
UC Rusal
UACJ
Rio Tinto PLC
Hindalco Aluminum
Norsk Hydro ASA
Suntown Technology
Xiangtou Goldsky New Materials
Sunxing Light Alloys MATERIALS
Tonghe New Material

Segment by Type
High Performance Aluminum Alloy
High Performance Titanium Alloy
Segment by Application
Electric Equipment
Transportation
Ship And Ocean Engineering
Aerospace

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil

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This release was published on openPR.