Automotive Exterior Materials Market Surge Valuation Of USD 19.21 Billion In 2025 : Grand View Research Inc.
San Francisco, 1 November 2019: The Report Automotive Exterior Materials Market Analysis By Product (Steel, Aluminum, Plastics, Glass Composites, Carbon Composites), By Application, And Segment Forecasts, 2018 – 2025 The global automotive exterior materials market is expected to reach USD 19.21 billion in 2025, according to a new report by Grand View Research, Inc. Steel which was predominantly the material of choice for various exterior components is expected to witness rising competition from plastics and carbon composite materials. High prices of these composites have limited use of these materials to certain components. Sustainability is expected to emerge as key megatrend which is likely to shape the future of materials used for manufacturing car exteriors and will pose greater challenges for automobile designers. Increasing environmental concerns and stringent norms have forced automotive manufacturers to control automotive pollution. O...