Automotive Lightweight Materials Market by Material, Application, Component, Vehicle Type - Global Forecast to 2021
The Automotive Lightweight Material Market is projected to grow at a CAGR of 13.06% during the forecast period and reach a market size of USD 110.42 billion in 2021. The major drivers of the market are the stringent emission and fuel economy regulations along with the growth in sales of electric vehicles. The growth in sales of electric vehicles in developing countries is a huge opportunity for the manufacturers of automotive lightweight materials. The factor which restrains the market is...
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