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Expansion of 3D Printing Sector, Rapid Pace of Urbanization, and Usage of Electric Vehicles: A Competitive Overview of Factors Boosting the Demand Amongst Top 9 Aluminium Companies in the World

May 23, 2024 | Chemicals & Materials

The increasing adoption of aluminium in the automotive sector for the reduction of emissions is expected to fare well for the global business scenario over the coming years. The lightweight nature of the material has led automakers to consider its usage as a substitute for stainless steel in vehicle production. The product is touted to record an appreciable demand in the Asia Pacific region. This can be attributed to the growing infrastructure development and the rapid pace of urbanization in the region.