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Next Move Strategy Consulting

Aluminium Forging Market Set to reach USD 24.30 billion by 2030

Aluminium Forging Market Set to reach USD 24.30 billion by 2030

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According to the study by Next Move Strategy Consulting, the Aluminium Forging Market size is predicted to reach USD 24.30 billion with a CAGR of 6.9% till 2030.

The increasing application of forged aluminium within the automotive industries to manufacture different car components such as pistons, suspension systems, and car's chassis is propelling the growth of the market.

Asia-Pacific holds the dominant share of aluminium forging market at present and is expected to continue its dominance during the forecast period.

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