201987(水)

Rise of late and is expected


With metal replacing materials being widely utilized in the production of various body parts of automobiles and several under-the-hood constituents, the automotive industry has emerged as the leading consumer of these materials across the world. These regions have not recovered entirely from the economic downturn, which in turn is adversely affecting the demand for metal replacing materials in key end-user industries. The increasing uptake of metal replacement processes in a number of industries, such as the automotive, defense and aerospace, healthcare, construction, and China Pressure gauge dials外部リンク the consumer goods is also fueling the market’s growth significantly. Among composites, the demand for GFRP is higher than CFRP and the trend is anticipated to remain so over the next few years. Global Metal Replacement Market: Drivers and Restraints The growth of the global metal replacement market is primarily fuelled by end-user sectors such as aerospace and defense and construction. Polycarbonates, polyamides, acrylonitrile butadiene styrene (ABS), thermoplastic polyesters, fluoropolymers, and polyacetals are the prime engineering plastics and carbon fiber reinforced plastics (CFRP) and glass fiber reinforced plastics (GFRP) are the main composites traded in this market. The global metal replacement market has witnessed a momentous rise of late and is expected to continue following a healthy growth track in the forthcoming years. The established distribution network and wide market reach are providing a competitive edge to the key players in the market. Over the coming years, the significant increase in the automobile production, together with the rise in the repair and maintenance activities, is likely to propel the demand for these materials in the automotive industry considerably, justifying its prominent position among end users.






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