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How is the Sheet Material Market Situation

2025-12-14 03:13:43   0次

How is the Sheet Material Market Situation

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The sheet material market in the United States is experiencing steady growth, driven by construction, automotive, and packaging industries. Demand for lightweight, durable, and recyclable materials remains high, with aluminum, steel, and composite sheets leading in consumption. The market is projected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030, reaching $42.3 billion by 2030.

The growth is fueled by several factors. First, the U.S. construction sector, which accounts for 45% of sheet material demand, is rebounding post-pandemic, with infrastructure projects and residential重建 driving steel and aluminum usage. Second, automotive manufacturers are increasingly adopting aluminum and composite sheets to reduce vehicle weight and improve fuel efficiency, contributing 30% of market demand. According to the American Iron and Steel Institute, automotive aluminum sheet consumption grew by 12% in 2022 alone. Third, sustainability initiatives are accelerating the adoption of recycled and bio-based materials, with 18% of sheet materials expected to contain recycled content by 2025. The U.S. Environmental Protection Agency (EPA) reports that recycled steel production saved 75 million metric tons of CO2 emissions in 2021. Additionally, supply chain resilience, despite global disruptions, has been bolstered by domestic manufacturing investments, particularly in steel and aluminum production, which increased by 8% in 2023. These trends underscore the market’s alignment with economic recovery, technological innovation, and environmental priorities.

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Sheet Material MarketUnited States