Aluminum in the Global Automotive Industry Is Expected to Reach $42.4 Billion by 2022
According to a new market report published by Lucintel, the future of aluminum in the global automotive industry looks good with opportunities in the segments of passenger cars and commercial vehicles. Aluminum in the global automotive industry is expected to reach an estimated $42.4 billion by 2022 and it is forecast to grow at a CAGR of 7.4% from 2017 to 2022. The major drivers of growth for this market are increasing vehicle production, government regulations on the fuel economy...
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