The global metal replacement market size was valued at $91066 million in 2015 and is expected to reach $166762 million in 2022, with an annual average growth of 9.0% over the forecast period. The global metal replacement market is witnessing numerous growth opportunities as the demand for lightweight materials used in the manufacture of automotive and aircraft parts increases. In addition, various industries such as automotive, construction, aerospace and defense, medical and consumer goods use metal replacement processes to drive market growth over the forecast period.
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Metal Replacement Market: Segmentation
By Type
• Engineering Plastics
• Composites
By End-User Industry
• Automotive
• Construction
• Aerospace & Defense
• Packaging
• Healthcare
• Consumer Goods
• Others
Key Companies
• Solvay SA
• SGL-Group
• Owens Corning Corporation
• Celanese Corporation
• BASF SE
• Toray Industries, Inc.
• Jushi Group
• Du Pont
• BMW
• Boeing
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