Metal Replacement Market is expected to reach US$ 255.04 Bn. by 2029, at a CAGR of 9.1% during the forecast period.
The replacement of metal with engineering plastic or composites to create lighter, cheaper and efficient product is called as metal replacement. Various modified plastics such as glass fiber reinforced plastic, carbon fiber modified plastic, polyamide, polycarbonate etc. are used in different industries to provide better feature to the product.
Global Metal Replacement market is segmented by type, by end-use industry and by region. Metal Replacement market is segmented into Engineering Plastics, Composites. Automotive, Aerospace & Defence, Construction, Healthcare, Others are end-use industry segment of Metal Replacement market. Geographically, market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America