Pollutants released from vehicles are a major concern as they adversely impact the environment. Government initiatives aimed at reducing vehicle carbon emissions by reducing vehicle Heavy emphasis laid in the development of lightweight vehicles with high tensile strength is expected to positively impact research & development activities in the manufacture of chassis & other body parts. Some of the raw materials used by automotive OEMs include steel, carbon fiber composites, and aluminum alloy. Aluminum alloy is expected to receive elevated traction in the market due to its high strength and lower weight. Similarly, advancement in prototype development via 3D printing is also anticipated to augment market growth.

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