In 2021, penetration rate of advanced materials was at 20 percent in the automotive industry in India. By 2028, the rate of penetration of advanced materials was predicted to increase slightly. Advanced materials include composites, ceramics, advanced aluminumalloys, and performance alloys, which are lightweight substitutes of steel, and aluminium.
Penetration rate of advanced materials in the automotive industry in India in 2021, with an estimate for 2028
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Advanced materials
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EY-Parthenon. (March 9, 2023). Penetration rate of advanced materials in the automotive industry in India in 2021, with an estimate for 2028 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1394273/india-advanced-materials-penetration-in-the-automotive-industry/
EY-Parthenon. "Penetration rate of advanced materials in the automotive industry in India in 2021, with an estimate for 2028." Chart. March 9, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1394273/india-advanced-materials-penetration-in-the-automotive-industry/
EY-Parthenon. (2023). Penetration rate of advanced materials in the automotive industry in India in 2021, with an estimate for 2028. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1394273/india-advanced-materials-penetration-in-the-automotive-industry/
EY-Parthenon. "Penetration Rate of Advanced Materials in The Automotive Industry in India in 2021, with An Estimate for 2028." Statista, Statista Inc., 9 Mar 2023, https://www.statista.com/statistics/1394273/india-advanced-materials-penetration-in-the-automotive-industry/
EY-Parthenon, Penetration rate of advanced materials in the automotive industry in India in 2021, with an estimate for 2028 Statista, https://www.statista.com/statistics/1394273/india-advanced-materials-penetration-in-the-automotive-industry/ (last visited August 24, 2024)
Penetration rate of advanced materials in the automotive industry in India in 2021, with an estimate for 2028 [Graph], EY-Parthenon, March 9, 2023. [Online]. Available: https://www.statista.com/statistics/1394273/india-advanced-materials-penetration-in-the-automotive-industry/