Automotive Metals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32

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Global Automotive Metals Market Research and
Forecast Report 2024-2032

• Format PDFEXCEL

2023 IMARC All Rights Reserved
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About IMARC Group

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Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Automotive Metals Market Global Industry
  Trends, Share, Size, Growth, Opportunity and
  Forecast 2024-2032," the global automotive metals
  market size reached US 97.9 Billion in 2023.
• Factors Affecting the Growth of the Automotive
  Metals Industry
• Globalization of the Automotive Industry
• The globalization of the automotive industry has
  led to an increased demand for automotive metals
  across diverse markets. As manufacturers expand
  their presence worldwide, the need for materials
  that can meet the varied regulatory and consumer
  preferences across different regions has grown.
  This expansion is supported by the establishment
  of international supply chains and partnerships,
  facilitating the efficient distribution of
  materials, and fostering innovation through the
  exchange of technologies and best practices.
• The ability to adapt to local market demands
  while leveraging global resources has enabled the
  automotive metals industry to thrive, providing a
  wide range of materials that cater to the
  evolving needs of vehicle manufacturers and
  consumers alike, thus driving its growth on a
  global scale.

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Report Highlight and Description

• Increasing Demand for Electric Vehicles (EVs)
• The automotive metals industry is experiencing a
  significant boost from the rising popularity of
  electric vehicles (EVs). This shift toward
  electrification is driving the demand for
  specific metals like lithium, cobalt, and nickel,
  essential for battery production, and lightweight
  materials crucial for extending vehicle range.
• As governments worldwide implement policies
  favoring EV adoption and consumers become more
  environmentally conscious, the industry is
  adjusting its focus toward materials that support
  the unique requirements of electric powertrains.
  This includes the development of lightweight
  structural components and advanced battery
  enclosures, which are critical for achieving
  optimal performance and efficiency in EVs,
  further stimulating growth in the automotive
  metals market.
• Technological Advancements in Material Science
• The continuous evolution in material science has
  significantly impacted the growth of the
  automotive metals industry. Innovations in the
  development of advanced high-strength steels
  (AHSS) and lightweight aluminum alloys have
  enabled manufacturers to produce vehicles that
  are lighter and meet stringent safety and
  performance standards.

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Report Highlight and Description

• These advancements contribute to enhanced fuel
  efficiency and lower CO2 emissions, aligning with
  global environmental regulations and consumer
  demands for greener transportation solutions. The
  integration of new metallurgical techniques and
  processes, such as 3D printing of metal parts,
  further drives the industry by allowing for more
  complex designs and rapid prototyping, enhancing
  both the efficiency and the customization
  capabilities of automotive manufacturing.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/automotive-metals-marke
  t/requestsample

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Report Description

• Global Automotive Metals Market Trends
• The global automotive metals market is witnessing
  significant growth, propelled by the automotive
  industry's evolving demands for lightweight and
  durable materials to enhance fuel efficiency and
  reduce emissions. Innovations in steel and
  aluminum alloys, offering an optimal blend of
  strength and weight, are at the forefront of this
  trend.
• Additionally, the adoption of advanced
  high-strength steels (AHSS) is on the rise, aimed
  at improving vehicle safety while minimizing
  weight. The market is also seeing an increased
  use of recycled metals, driven by sustainability
  goals. This shift toward lightweight materials,
  coupled with advancements in metallurgy, is
  shaping the future of automotive design and
  manufacturing, promising vehicles that are more
  fuel-efficient and environmentally friendly and
  cost-effective.
• Looking forward, IMARC Group expects the market
  to reach US 143.8 Billion by 2032, exhibiting a
  growth rate (CAGR) of 4.23 during 2024-2032.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/automotive-metals-marke
  t

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Report Segmentation

• Breakup by Product
• Aluminum
• Steel
• Magnesium
• Others
• Breakup by Application
• Body Structure
• Power Train
• Suspension
• Others
• Breakup by End Use
• Passenger Cars

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Report Segmentation

• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Breakup by Region
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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Competitive Landscape with Key Players

• Allegheny Technologies Incorporated
• ArcelorMittal S.A.
• JSW Steel Ltd
• Nippon Steel Corporation
• Novelis Inc. (Hindalco Industries Limited)
• Nucor Corporation
• POSCO
• Tata Steel Ltd
• Thyssenkrupp AG
• United States Steel Corporation
• Voestalpine AG.

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Key Questions Answered in the Report
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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 Automotive Metals
  Market    5.1    Market Overview    5.2  
   Market Performance    5.3    Impact of
  COVID-19  5.4    Market Forecast
• 6     Market Breakup by Product
• 6.1 Aluminum
• 6.1.1 Market Trends
• 6.1.2 Market Forecast
• 6.2 Steel
• 6.2.1 Market Trends
• 6.2.2 Market Forecast
• 6.3 Magnesium
• 6.3.1 Market Trends
• 6.3.2 Market Forecast       

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Table of Contents

• 6.4 Others
• 6.4.1 Market Trends
• 6.4.2 Market Forecast
• 7 Market Breakup by Application
• 7.1 Body Structure
• 7.1.1 Market Trends
• 7.1.2 Market Forecast
• 7.2 Power Train
• 7.2.1 Market Trends
• 7.2.2 Market Forecast
• 7.3 Suspension
• 7.3.1 Market Trends
• 7.3.2 Market Forecast
• 7.4 Others
• 7.4.1 Market Trends
• 7.4.2 Market Forecast
• 8 Market Breakup by End Use
• 8.1 Passenger Cars
• 8.1.1 Market Trends

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Disclaimer

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  Market Analysis Research and Consulting (IMARC).
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  publication, including forecasts, data analysis
  and opinion have been based on information and
  sources believed to be accurate and reliable at
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  Analysis Research and Consulting makes no
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