Europe Automotive Lightweight Materials Market Statistics 2020-2026 | Industry Size & Trends Report - PowerPoint PPT Presentation

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Europe Automotive Lightweight Materials Market Statistics 2020-2026 | Industry Size & Trends Report

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Europe Automotive Lightweight Materials Market Size is witness steady growth by 2026. Road transport sector in Europe is under increasing pressure to reduce its greenhouse gas emission which has reached closed to 0.8 gigaton CO2eq, 18% of the total greenhouse gas emission in 2017. Various nations in Europe are working on meeting decarbonization targets set by European Commission. Automobile industry in Europe is currently following two different approaches; improving fuel efficiency of automotive and finding alternative energy sources. Both these parameters benefit immensely from reduction of vehicle weight, this will increase distance travelled by the vehicle per unit of energy. – PowerPoint PPT presentation

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Date added: 28 February 2021
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