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Opportunities For Titanium In The Global Automotive Market Is Expected To Grow With A CAGR Of 3.3% By 2023

Opportunities For Titanium In The Global Automotive Market Is Expected To Grow With A CAGR Of 3.3% By 2023

Submitted by • August 29, 2018 www.lucintel.com

According to a new market report published by Lucintel, the future of titanium in the global automotive market looks promising with opportunities in the luxury cars and sport cars segments. The titanium in the global automotive market is expected to grow at a CAGR of 3.3% from 2018 to 2023. The major growth drivers for this market are increasing demand for titanium in sports and luxury cars, rapid technological advancement, and growth in the high-performance vehicle production.

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