In 2021, the market size of advanced materials in the automotive industry in India stood at around 1.8 billion U.S. dollars. It was estimated during the presented period, the compound annual growth rate would be around 10 to 12 percent. Advanced materials include composites, ceramics, advanced aluminumalloys, and performance alloys, which are lightweight substitutes of steel, and aluminium.
Market size of automotive industry advanced materials in India in 2021, with an estimate for 2028
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
EY-Parthenon. (March 9, 2023). Market size of automotive industry advanced materials in India in 2021, with an estimate for 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1394300/india-automotive-industry-advanced-materials-market-size/
EY-Parthenon. "Market size of automotive industry advanced materials in India in 2021, with an estimate for 2028 (in billion U.S. dollars)." Chart. March 9, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1394300/india-automotive-industry-advanced-materials-market-size/
EY-Parthenon. (2023). Market size of automotive industry advanced materials in India in 2021, with an estimate for 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1394300/india-automotive-industry-advanced-materials-market-size/
EY-Parthenon. "Market Size of Automotive Industry Advanced Materials in India in 2021, with An Estimate for 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Mar 2023, https://www.statista.com/statistics/1394300/india-automotive-industry-advanced-materials-market-size/
EY-Parthenon, Market size of automotive industry advanced materials in India in 2021, with an estimate for 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1394300/india-automotive-industry-advanced-materials-market-size/ (last visited December 22, 2024)
Market size of automotive industry advanced materials in India in 2021, with an estimate for 2028 (in billion U.S. dollars) [Graph], EY-Parthenon, March 9, 2023. [Online]. Available: https://www.statista.com/statistics/1394300/india-automotive-industry-advanced-materials-market-size/
