Hexa Reports Automotive Metal MarketSize, Analysis Competitive | Page 2
Further key findings from the report suggest:
• Aluminum is expected to witness a significant growth of 6.1%, in terms of revenue, from 2017 to 2025
on account of its superior properties and lightweight as compared to other metals
• Power train is expected to witness sluggish growth of 2.5%, in terms of volume, from 2017 to 2025 on
account of growing utilization of plastic & composite materials in this application
• Heavy commercial vehicles are anticipated to witness a CAGR of 1.0%, in terms of volume, from 2017
to 2025 on account of declining production of these vehicles globally
• The declining sales of vehicles and overstocking of components by the distributors has led to a sluggish
growth of the market in Middle East & Africa. However, the region is expected to witness growth over
the coming years as companies are focusing on the untapped areas such as car components.
• In November 2016, ArcelorMittal launched three new products for automotive application including
ductibor 1000, usibor 2000, and martlnsite 1700
• In February 2017, Tata Steel signed definitive agreement with Liberty House Group for the sale of its
specialty steel business
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Table Of Content
Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
Chapter 3Automotive Metals Market Variables, Trends & Scope
Chapter 4Automotive Metals Market: Products Estimates & Trend Analysis
Chapter 5Automotive Metals Market: Material Estimates & Trend Analysis
Chapter 6Automotive Metals Market: Application Estimates & Trend Analysis
Chapter 7Automotive Metals Market: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
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