Automotive Metal Market

The global Automotive Metal market was valued at 6973.5 Million USD in 2021 and will grow with a CAGR of 3.32% from 2021 to 2027, based on Research newly published report.

The prime objective of Automotive Metal Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Metal Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Automobile companies are one of the biggest metal product consumers. Steel and aluminum are widely used in the automobile industry.Automobile companies use metal products for auto sheets and engine parts. Asia Pacific accounted for 46.2% of the total market revenue in 2017. Consumer preference, government policies, environmental regulations, and competition are the key factors leading to the growth of automotive industry in the region. Manufacturers are coming up with new designs and manufacturing processes in order to meet the rapidly changing consumer demand.

By Market Verdors:

• ArcelorMittal
• China Baowu Group
• HBIS Group
• NSSMC Group
• POSCO
• Shagang Group
• Ansteel Group
• JFE Steel Corporation
• Shougang Group
• Tata Steel Group
• Shandong Steel Group
• Nucor Corporation
• Hyundai Steel Company
• Maanshan Steel
• Thyssenkrupp

By Types:

• Aluminum
• Steel
• Magnesium

By Applications:

• Body structure
• Power train
• Suspension

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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