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aluminum alloys market is driven by Increasing Application in Automotive IndustryThe aluminum alloys market comprises of aluminum blended with various other elements like copper, magnesium, manganese, silicon and zinc to improve its corrosion resistance, strength and other characteristics. Aluminum alloys provide benefits like light weight, high strength, corrosion resistance and recyclability making them an ideal material for various industrial applications. The automotive...0 Comments 0 Shares 44 Views 0 Reviews
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Automotive Aluminum Market Size, Revenue Analysis, Industry Outlook, Forecast, 2023-2027The Global Automotive Aluminum Market is forecast to reach USD 142.15 Billion by 2027. The growing prevalence of focusing on the reduction of the vehicle weight is the principal reason behind the prodigious growth of this market. Aluminum is a lightweight metal and weighs nearly 40% lesser than steel, having a high tensile & compressive strength, making it ideal for the use in the...0 Comments 0 Shares 1K Views 0 Reviews
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Automotive Aluminum Market: Forecasting Trends, Growth & Industry InsightsProjected to grow from USD 70.11 billion in 2023 to USD 137.86 billion by 2031, the Automotive Aluminum Market Research is expected to maintain a CAGR of 8.95% from 2024 to 2031. The market research report delves deeply into the global industry, offering valuable insights for both new entrants and established businesses. It analyzes key categories and sub-segments to provide a sector...0 Comments 0 Shares 255 Views 0 Reviews
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Global Automotive Aluminum Market Is Estimated To Witness High GrowthThe Global Automotive Aluminum Market is estimated to be valued at US$ 40.62 billion in 2023 and is expected to exhibit a CAGR of 12.80% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.Market Overview: Automotive aluminum is extensively used in the automotive industry for its lightweight properties, which can significantly reduce the...0 Comments 0 Shares 745 Views 0 Reviews
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Automotive Aluminum: Lightweight Material Trend in Auto IndustryAluminum in Cars: Why is it Gaining Popularity?Aluminum has become one of the most popular materials for automotive manufacturing in recent years due to its lightweight properties compared to steel. While steel has traditionally been the dominant metal used in vehicles, switching to aluminum helps automakers meet stringent fuel economy and emissions standards. Aluminum is about 30% lighter than...0 Comments 0 Shares 47 Views 0 Reviews
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