Sheet Metal Market Demand, Analysis and Growth Report 2021-2027

By OEM Update Editorial November 1, 2021 3:16 pm IST

The global sheet metal market is forecast to reach USD 398.62 Billion by 2027, according to a new report by Reports and Data.

The market is witnessing a surge in demand for the adoption of energy-efficient transportation owing to the growth of the manufacturing industries in the developing economies. Moreover, the widespread use of sheet metal because of their high strength, reduced thickness, and lightweight, can be deployed in the sturdy structures contributing to the continuously expanding building and construction industry fostering the market demand. However, rising demand for alternative component, explicitly carbon fibre composites, are hampering the need for the market.

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