Metal Replacement Market Growth, Demand and Challenges of the Key Industry Players 2023-28 - PowerPoint PPT Presentation

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Metal Replacement Market Growth, Demand and Challenges of the Key Industry Players 2023-28


According to the latest research report by IMARC Group, The global metal replacement market size reached US$ 167.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 275.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.2% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Date added: 13 December 2023
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Title: Metal Replacement Market Growth, Demand and Challenges of the Key Industry Players 2023-28

Global Metal Replacement Market Research and
Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
  • IMARCs information products include major
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    developments for business leaders in
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    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Metal Replacement Market Global Industry
    Trends, Share, Size, Growth, Opportunity and
    Forecast 2023-2028," the global metal replacement
    market size reached US 167.8 Billion in 2022.
  • Metal replacement involves the substitution of
    metal with other materials, including ceramics
    and polymers. These materials are lightweight,
    flexible and cost-efficient while providing
    improved performance. In comparison to
    traditional metals, they offer superior
    resistance to heat and chemicals while being easy
    to manufacture.
  • As a result, they are widely utilized for
    numerous applications across the aerospace,
    defense and construction sectors. The advent of
    high-performance composites and polymers with
    superior strengths and their easy availability
    across the online and offline organized retail
    channels are favorably impacting the market
  • Request for a PDF sample of this report

Report Description
  • Global Metal Replacement Market Trends
  • The global market is primarily driven by the
    rising demand for lightweight materials across
    multiple industries. This is supported by the
    increasing preference for engineered polymers in
    the manufacturing of aircraft and automobiles
    over metal counterparts. Along with this,
    continual technological advancements, such as the
    adoption of novel polymerization processes in the
    production of polymers, are providing an impetus
    to the market growth. Moreover, the widespread
    adoption of metal replacement processes in the
    production of various electrical components,
    including connectors, lighting sockets and
    reflectors, is creating a positive outlook for
    the market.
  • Apart from this, the increasing utilization of
    polyphenylsulfone in the manufacturing of medical
    devices since it is gamma and steam sterilizable
    is positively influencing the market growth.
    Furthermore, rising investments in
    infrastructural development projects across
    multiple countries are also propelling the market
    growth. Other factors, including rapid
    industrialization and extensive research and
    development (RD) activities conducted by key
    players for introducing eco-friendly
    alternatives, are further contributing to the
    market growth.
  • Looking forward, the market is anticipated to
    reach a value of US 275.2 Billion by 2028,
    growing at a CAGR of 8.2 during 2023-2028.
  • View Report TOC, Figures and Tables

Report Segmentation
  • Breakup by Type
  • Engineering Plastics
  • Polyamide
  • Acrylonitrile Butadiene Styrene (ABS)
  • Thermoplastic Polyesters
  • Polycarbonates
  • Others
  • Composites
  • Glass Fiber Reinforced Plastic
  • Carbon Fiber Reinforced Plastic
  • Breakup by End Use Industry
  • Automotive
  • Aerospace and Defense
  • Construction

Report Segmentation
  • Packaging
  • Consumer Goods
  • Healthcare
  • Transportation
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Competitive Landscape with Key Players
  • A.K. Industries Inc.
  • Asahi Kasei Corporation
  • Aztec Plastic Company
  • Celanese Corporation
  • China Jushi Co.Ltd.
  • DOMO Chemicals GmbH
  • DuPont de Nemours Inc.
  • SGL Carbon SE
  • Solvay S.A.
  • Toray Industries Inc.
  • Victrex plc.

Key Questions Answered in the Report
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Metal Replacement
    Market    5.1    Market Overview    5.2  
     Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Type
  • 6.1 Engineering Plastics
  • 6.1.1 Market Trends
  • 6.1.2 Key Segments
  • Polyamide
  • Acrylonitrile Butadiene
    Styrene (ABS)
  • Thermoplastic Polyesters
  • Polycarbonates
  • Others
  • 6.1.3 Market Forecast       

Table of Contents
  • 6.2 Composites
  • 6.2.1 Market Trends
  • 6.2.2 Key Segments
  • Glass Fiber Reinforced Plastic
  • Carbon Fiber Reinforced
  • 6.2.3 Market Forecast
  • 7 Market Breakup by End Use Industry
  • 7.1 Automotive
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Aerospace and Defense
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Construction
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • 7.4 Packaging
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
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    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
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    registered trademarks of their respective

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