The Global Automotive Lightweight Materials Market Is Expected to Reach $110.5 Billion by 2023
According to a new market report published by Lucintel, the future of the global automotive lightweight materials market looks promising with opportunities in passenger cars, light commercial vehicles, and heavy commercial vehicles. The global automotive lightweight materials market is expected to reach an estimated $110.5 billion by 2023 and it is forecast to grow at a CAGR of 6.1% from 2018 to 2023. The major drivers of growth for this market are government regulations concerning fuel economy and emissions, and...
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