Metal Replacement Market Applications, Growth Rate & Forecast Report Metal Replacement Market

Metal Replacement Market forecast & competitive market share, 2016 - 2024: Global Market Insights, Inc. Metal Replacement Market size may witness steady gains owing to increasing application scope in construction and automotive sectors. It is used as a substitute for other materials including plastics, composites, aluminum, and thermoplastics in the manufacturing process which provides light weight, low operating cost and efficient finished products manufacturing. Global composites market size registered over USD 23 billion in 2015 and may surpass USD 110 billion in business by 2024. Strong application scope in defense & aerospace, transportation, and wind energy owing to strength, stiffness, thermal & electrical conductivity, and corrosion resistance properties may drive industry growth. Aerospace composites has wide structural applications owing to superior performance, high strength, and weather resistance. 1 | Page