Press release
Alloys for Automotive Market expected to register a growth rate of 7% CAGR between 2016 and 2022
Market Highlights
Alloys are used in automotive industries for various applications such as to reduce the cost of metal and to provide mechanical strength, resistance to corrosion and reduction in overall weight of vehicle. The growing demand of energy efficient vehicles with improved overall performance and government regulations for environment safety such as reduce air pollution are major factors driving the alloys for automotive market.
Asia Pacific region is a major shareholder of the alloys for automotive market and is expected to be leading the market during the forecast period due to increasing demand of alloys in developing countries such as China and India. North America is the second largest market for alloys for automotive followed by Europe.
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Scope of the report
This study provides an overview of the Alloys for Automotive industry, tracking market segments across the categorized five geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The scope of the study segments the Alloys for Automotive market based on Type, Application and Vehicles.
Key Players
The leading players in the Alloys for Automotive market are ArcelorMittal SA (Luxembourg), Aditya Birla Group (India), Alcoa Inc. (U.S.), UACJ Corporation (Japan), ThyssenKrupp AG (Germany), Kobe Steel, Ltd. (Japan), Norsk Hydro ASA (Norway), AMG Advanced Metallurgical Group NV (Netherlands), and Constellium (Netherlands), and AGCO Corporation (U.S).
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Asia-Pacific region held the major share within the Alloys for Automotive Market
Asia-Pacific is leading the global Alloys for Automotive market. The region accounts for a major share in increasing demand of alloys in automotive industries, especially in China and India.
This report includes a study of strategies of major market players. The leading players in the Alloys for Automotive market are ArcelorMittal SA (Luxembourg), Aditya Birla Group (India), Alcoa Inc. (U.S.), UACJ Corporation (Japan), ThyssenKrupp AG (Germany), Kobe Steel, Ltd. (Japan), Norsk Hydro ASA (Norway), AMG Advanced Metallurgical Group NV (Netherlands), and Constellium (Netherlands), and AGCO Corporation (U.S).
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global cold insulation market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
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