Metal Forming Market for Automotive worth $269.01 billion by 2025
The report "Metal Forming Market for Automotive by Technique (Roll, Stretch, Stamping, Deep Drawing, Hydroforming), Type (Hot and Cold), Application (BIW, Chassis, Closure), Material (Steel, Aluminum), Vehicle (ICE, Electric, and Hybrid) - Global Forecast to 2025", The metal forming market for automotive is expected to grow at a CAGR of 2.83%, by value, during the forecast period. The market is estimated to be USD 221.22 billion in 2018 and is projected to reach USD 269.01 billion by 2025.Thedriving factors for the metal forming market for automotive are growing vehicle production across the globe (particularly in Asia Oceania) and the increasing trend of vehicle lightweighting due to stringent emission norms.
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