Europe Towbar Market Size, by Material Type (2025–2030)

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in USD Million

Steel Towbar Dominance and Durability Supporting Growth in the Europe Towbar Market

Published by MMR Statistics Reserch Team, December 2025

Material segmentation revealed a clear performance hierarchy driven by strength, durability, and cost efficiency. In the Europe Towbar Market, 2025 was led by steel tow bars at USD 2,862.91 million, while aluminum tow bars stood at USD 468.44 million, and other materials reached USD 135.72 million. Material values in 2026 are estimated at USD 2,978.25 million for steel and USD 492.26 million for aluminum, indicating stable demand continuity. Over the forecast period, steel tow bars are projected to dominate, reaching USD 3,649.01 million by 2030, representing the highest level within the forecast horizon. Load-bearing reliability and broad vehicle compatibility continue to support steel dominance.

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Towbar

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Information

Unit

in USD Million

Region

Europe

Time Period

2025-2030

Source Name

MMR Statistics

Source Link

https://www.mmrstatistics.com/

Publisher Name

MMR Statistics

Publisher Link

https://www.mmrstatistics.com/

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