However, huge cost of the automotive alloy is hampering the market. On the other hand rising demand for electric vehicles (EV) seems to be opportunity for automotive alloy market.
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By alloy type, steel alloy segment is accounted for largest market share owing to the higher usage of steel alloys in the production of vehicle. Asia Pacific is the leading market, and is also anticipated to observe the highest growth. The major reason for the high growth is increasing disposable income of this region.
Some of the key players in the market include 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, Novelis, Inc. and Kobe Steel, Ltd.
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Scope of the Report:
Applications Covered:
• Exterior
• Structural
• Powertrain
• Other Applications
Alloy Types Covered:
• Magnesium
• Steel
• Aluminium
• Other Alloy Types
Vehicle Types Covered:
• Heavy Commercial Vehicles (HCV)
• Passenger Cars
• Light Commercial Vehicles (LCV)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
For more information, please visit Stratistics Market Research Consulting Pvt Ltd
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