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Bicycle Frames Market Size Worth $32.8 Billion By 2027 | CAGR: 6.1%: Grand View Research, Inc.


Bicycle Frames Market Size Worth $32.8 Billion By 2027 | CAGR: 6.1%: Grand View Research, Inc.
The globalbicycle frames market
size is expected to reach USD 32.8 billion by 2027, registering a CAGR of 6.1% from 2020 to 2027, according to a new study conducted by Grand View Research, Inc. Bicycle frame is one of the key components while purchasing a bike. It plays an important role in the bicycle performance as it influences weight balance of the vehicle. Aluminum and steel were the most preferred materials used for forming the bicycle frame traditionally. However, the development of modern composites is also leading to the adoption of materials such as titanium and carbon fiber to form frames in order to reduce the bike weight and improve the performance. ....

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