Automotive Steel Market to Grow at 6.80% CAGR, Reaching USD 125.79 Billion by 2029 The global automotive steel market has demonstrated remarkable growth, with its market size reaching USD 125.79 billion in 2023. Forecasts indicate continued expansion to USD 186.47 billion by 2029, driven by a compound annual growth rate (CAGR) of 6.80%.
The rising demand for lightweight, high-strength materials, advancements in steel production technologies, and the growing...
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