Automotive Composites Market
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Automotive Composites Market size is valued at US$ 18.87 Bn in 2019 and expected to grow at a CAGR of XX % in the forecasting period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Automotive Composites Market Dynamics:
Increasing usage of lightweight materials with the implementation of cost-effective measures to reduce carbon emission is the key factors driving the market size. This product offers superior strength to weight ratio and improves the fuel efficiency of the vehicle. Shifting trends towards cost-effective alternatives, sturdy and lightweight components will positively influence the product penetration.
|Target State: All States|
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Last Update : Sep 22, 2021 7:25 AM
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|Item Owner : ashwini|
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