The Business Research Company’s Metal Alloys Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Metal Alloys Global Market Report 2023 evaluates metal alloys market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=8014&type=smp
The global metal alloys market size is expected to grow from $282.15 billion in 2022 to $300.03 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global metal alloys is expected to grow to $375.83 billion in 2027 at a CAGR of 5.8%.
Growth in the automotive industry is expected to propel the growth of the metal alloys market going forward. The automotive industry refers to industries associated with the production, retailing, wholesaling, and maintenance of motor vehicles. Metal alloys, such as aluminum alloys, are extensively used in the automotive industry for their favorable properties such as good durability, superior corrosion resistance, and improved maintenance. For instance, in April 2022, according to a report published by the European Automobile Manufacturers Association, 79.1 million motor vehicles were produced worldwide, a 1.3% increase over 2020. Additionally, according to the Global EV Outlook 2021, consumers spent USD 120 billion on electric vehicle purchases in 2020, a 50% increase over 2019. As a result, the market for metal alloys is driven by the expansion of the automotive sector.
Get More Information On The Metal Alloys Market Report:
https://www.thebusinessresearchcompany.com/report/metal-alloys-global-market-report
The metal alloys market segments in the report are:
1) By Material: Stainless Steel Alloys, Aluminum Alloys, Bronze Alloys, Nickel Alloys, Other Materials
2) By Process: Casting, Hot and Cold Rolling
3) By Application: Transportation, Construction, Packaging, Machinery, Electrical, and Other Applications
The table of contents in TBRC’s metal alloys market report includes:
.
.
.
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Overview and Scope Plasma powder is a protein-rich ingredient derived from the spray-drying of plasma,…
Overview and Scope A pedestrian bridge is a constructed framework spanning a railway, river, or…
Overview and Scope Next-generation antibody therapeutics are advanced antibody-based drugs in structure, functionality, and therapeutic…
Overview and Scope A neurological biomarker is a substance that provides objective and quantifiable information…
Overview and Scope Home insurance is a policy that pays for expenses and damage to…
Overview and Scope Extended-release drugs are a dosage form made to release the medication over…