Title: Alloy Market for Automotive: Global Forecast to 2021
1Alloy Market for Automotive by Alloy Type (Steel,
Aluminum, Magnesium, and Others), Area of
Application (Structural, Powertrain, Exterior and
Others), Vehicle Type (Passenger Car, LCV and
HCV), by Region - Global Forecast to
2021ByMarketsandMarkets
Published May-2016 Single User US
4650 Corporate User US 7150
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2Alloy Market for Automotive Global Forecast to
2021
- Increasingly stringent government legislation
mandating weight reduction of vehicles, with
rising demand for fuel economy to increase the
demand for automotive alloys whereas stringent
emission norms to drive growth in lightweight
automotive alloys market - The automotive alloys market is projected to grow
at a CAGR of 7.69 from 2016 to 2021 to reach the
market size of USD 177.47 billion by 2021.Major
factors driving the growth of this market include
growing population, rapid urbanization,
increasing demand for automobiles, and
regulations regarding fuel efficiency and
emissions. - Steel dominates the automotive alloy market
- The market for steel alloys used in manufacturing
automobiles is projected to acquire the maximum
market share during the forecast period. This
growth can be mainly attributed to the major
proportion of steel alloys used in the
manufacturing of a vehicle, especially in
emerging nations such as China and India. This
trend is estimated to continue during the
forecast period.
3 Alloy Market for Automotive Global Forecast to
2021
- Asia-Oceania Largest growing market for
automotive alloys - The Asia-Oceania region is estimated to dominate
the automotive alloy market and is projected to
acquire the maximum market share during forecast
period. This growth can be attributed to the
progress in the socio-economic conditions by the
emerging economies such as China, India,
Indonesia, and Thailand. Large population in
countries such as China and India have
contributed to the increase in the number of
sales of automobiles in this region. - The study contains insights provided by various
industry experts, ranging from alloy
manufacturers to Tier-1 companies and OEMs. - The break-up of the primaries is as follows
- By Company Type OEM 10, Tier-1 - 60 , Tier-2 -
30 - By Designation - C level - 20, Director level -
60, and Others - 20 - By Region - North America - 25, Europe - 20,
Asia-Oceania - 40, and RoW 15
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4Alloy Market for Automotive Global Forecast to
2021
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5 Table of Contents 1 Introduction 2 Research
Methodology 3 Executive Summary 4 Premium
Insights 5 Market Overview 6 Global Automotive
Alloys Market, By Alloy Type
Alloy Market for Automotive Global Forecast to
2021
7 Automotive Alloy Market, By Vehicle Type 8
Automotive Alloy Market, By Area of
Application 9 Automotive Alloys Market, By
Region 10 Competitive Landscape
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6Alloy Market for Automotive Global Forecast to
2021
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