Global Forging Industry 2012-2016 Will Grow at a CAGR of 9.42% in 2016: ResearchMoz.us
Global Forging industry to grow at a CAGR of 9.42 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from the Automotive industry. The Global Forging industry has also been witnessing the increasing sourcing of forging activities to low-cost countries. However, the increasing cost of resources could pose a challenge to the growth of this market.
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