Metal Replacement Market expected to reach $166,762 million by 2022 with a CAGR of 9.0%

The global metal replacement market size was valued at $91,066 million in 2015 and is expected to reach $166,762 million by 2022, registering a CAGR of 9.0% during the forecast period. The replacement of metals with plastics or composites to achieve a relatively lighter, cheaper, and efficient output is termed as metal replacement. Major end-use industries such as automotive, construction, healthcare, and packaging opt for this process.

Owing to rise in demand for lightweight materials to be used in automobiles and manufacturing components of aircrafts, the global metal replacement market witnesses numerous growth opportunities. Also, the use of the process of metal replacement in different industries such as automotive, construction, aerospace and defense, healthcare, and consumer goods fuel the market growth during the forecast period.

Request Sample Copy at https://www.premiummarketinsights.com/sample/AMR00013242

The List of companies covered in this Reports are:

Solvay SA

SGL-Group

Owens Corning Corporation

Celanese Corporation

BASF SE

Toray Industries, Inc.

Jushi Group

Du Pont

BMW

Boeing

The automotive metal replacement market is expected to register a CAGR of 9.3% during the forecast period. Moreover, construction and packaging industries also promise market growth. Rise in concerns related to the toxicity of engineering plastics is projected to affect the metal replacement market in the developed and the developing countries, however, investments in R&D in new ecological alternatives are expected present opportunities for growth in the future.

The report segments the global metal replacement market based on type, end-user industry, and geography. Based on type, the market is divided into engineering plastics and composites. The engineering plastics segment is further sub-categorized into polyamide, ABS, thermoplastic polyesters, polycarbonates, polyacetals, fluoropolymers, and others. The composites segment is further bifurcated into GFRP and CFRP.

Request for discount at https://www.premiummarketinsights.com/discount/AMR00013242

Table of Contents 

1 INTRODUCTION

2 EXECUTIVE SUMMARY

3 MARKET OVERVIEW

4 GLOBAL METAL REPLACEMENT MARKET, BY TYPE

5 GLOBAL METAL REPLACEMENT MARKET, BY END-USE INDUSTRY

6 GLOBAL METAL REPLACEMENT MARKET, BY GEOGRAPHY

7 COMPANY PROFILES

Purchase Complete report @https://www.premiummarketinsights.com/buy/AMR00013242

Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: [email protected]

About Premium Market Insights:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.

 

 

Posted by on Tuesday May 21 2019, 5:33 AM EDT. All trademarks acknowledged. Filed under Aerospace, Aerospace & Defence, Automotive, Chemicals, Chemicals & Materials, Defence, Featured Press Release, Healthcare, Plastics. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

News Categories

Featured Press Releases

Latest News

Log in