Future Market Insights study indicates that the global automotive stamping market will grow from USD 11,014.5 million in 2023 to USD 18,460.7 million by 2033. The industry is expected to grow at a CAGR of 5.3% from 2023 to 2033. Asia-Pacific is currently leading the automotive metal stamping industry, driven by a surge in vehicle production and the rapid expansion of …
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Automotive Stamping Market Study: An Emerging Hint of Opportunity by 2026
Stamping is a metal working process by which a desired shape and structure of a material is achieved. This metal working process is adopted in manufacturing industries engaged in processing of hardened surfaces such as sheet metal and plastics components. Since 2010, the demand for automobiles has increased exponentially after the global economic downturn during …
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