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Alloys for Automotive Market 2018-2022 Ongoing Trend : Growing at Remarkable CAGR of 7% with ArcelorMittal SA, Alcoa, UACJ, ThyssenKrupp AG, Kobe Steel, Norsk Hydro ASA

Alloys for Automotive Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Alloys for Automotive Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022


Pune, India -- (SBWIRE) -- 06/19/2018 -- This report provides in depth study of "Alloys for Automotive Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Licorice Candy Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

This report has a complete understanding of market value and quantity, technological progress, macro-economic and governmental policy based on past and present data along with the current and upcoming trends in the market.

This report provides valuable information for companies like manufacturers, suppliers, distributors, traders, customers, investors and individuals who have interests in this industry.

Global Alloys for Automotive Market Information Report by Type (Iron, Titanium, Steel), by Application (Chassis, Powertrain), by Vehicles (Passenger Vehicle and Commercial Vehicles) and by Region - Global Forecast to 2022

Market Scenario

An alloy is a mixture of two or more chemical elements, one of which is a metal and is used in a wide variety of applications. In some cases, to reduce the cost of the material while in other cases, to provide strength, reduce overall weight and resistance to corrosion over pure metals. Automotive applications of alloys are growing due to increasing demand for more fuel efficient vehicles to reduce fuel consumption and air pollution. The growing demand for fuel efficient vehicles with reduced weight and improved performance is the major driving factor of alloys for automotive market. Strict government regulations for environmental safety are also driving the alloys for automotive market. Global Alloys for Automotive market is expected to register a CAGR of about 7%.

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Key Players

The leading players in the Alloys for Automotive market are ArcelorMittal SA (Luxembourg), Aditya Birla Group (India), Alcoa Inc. (U.S.), UACJ Corporation (Japan), ThyssenKrupp AG (Germany), Kobe Steel, Ltd. (Japan), Norsk Hydro ASA (Norway), AMG Advanced Metallurgical Group NV (Netherlands), and Constellium (Netherlands), and AGCO Corporation (U.S) and others.

Alloys for Automotive Market – Segmentation

The Global Alloys for Automotive Market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Type : Comprises Iron, Titanium, Steel.

Segmentation by Backing Application : Comprises Chassis, Powertrain

Segmentation by Vehicle Type : Comprises Passenger Vehicle and Commercial Vehicles

Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Industry/ Innovation/ Related News:

February, 2013 - ArcelorMittal and SAIL sign MoU on automotive steel joint venture in India. ArcelorMittal, the world's leading steel and mining company, and the Steel Authority of India Limited ('SAIL'), India's leading steel company, today, signed a Memorandum of Understanding ('MoU') to set up an automotive steel manufacturing facility under a Joint Venture ('JV') arrangement in India.

July, 2016– MG Advanced Metallurgical Group N.V. announced that the Supervisory Board of AMG has approved the construction of a lithium concentrate (spodumene) plant at the Mibra mine in Brazil. AMG's new business segment, AMG Lithium, will commence operations in the first quarter of 2018, with an initial annual production capacity of 90,000 tons of lithium concentrate, expandable to 140,000 tons. Total capital investment is estimated at approximately $50 million and will be incurred primarily in 2016 and 2017.

The report for Global Alloys for Automotive Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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