Title: Automotive Lightweight Materials Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2016 – 2025
1Automotive Lightweight Materials Market
- Global Automotive Lightweight Materials Market
size is projected to be valued 41 Billion by
2024 with a CAGR of 9.2 from 2017 to 2025.
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2Report Description
- Global Automotive Lightweight Materials Market
size is projected to be valued 41 Billion by
2024 with a CAGR of 9.2 from 2017 to 2025. The
lightweight materials are used to decrease the
weight of aircrafts, automotive, and windmills
without affecting the strength and proficiency of
the structure. They are mixture of metal-alloys
and composites and have high strength to weight
ratio, greater design flexibility, and
exceptional corrosion resistance. They find
extensive applications in several industries such
as aerospace and automobile, among others. The
market poses huge opportunities in passenger
cars, light commercial vehicles, and heavy
commercial vehicles. - The global automotive lightweight materials
market is primarily driven by rising penetration
of lightweight components, strict emission and
fuel economy guidelines to increase the demand
for lightweight materials in automotive industry,
and increase in production of aircraft modules.
Though, issues such as high cost of carbon fiber,
and rapid fluctuations in raw material prices may
hindrance the market growth. Moreover, rise in
the demand for lightweight and fuel-efficient
vehicles across the world, and ongoing RD along
with technological advancement in lightweight
materials used in automotive is expected to
generate various growth opportunities for the
market in the coming years.
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3Global Automotive Lightweight Materials Market
- Based on geography, the automotive lightweight
materials market is segmented into North America,
Europe, Asia-Pacific, and Rest of the World
(RoW). North America is further bifurcated in
U.S., Canada, and Mexico whereas Europe consist
of UK, Germany, France, and Rest of Europe.
Asia-Pacific is segmented into India, China,
Japan, South Korea, and Rest of Asia-Pacific
while RoW is bifurcated into South America,
Middle East, and Africa. - The prominent players operating in the market are
PPG Industries, Inc., BASF SE, Covestro AG,
ArcelorMittal S.A., Novelis Inc., Toray
Industries, Inc., ThyssenKrupp AG, LyondellBasell
Industries N.V., Owens Corning, and Alcoa Inc.,
among others. - Based on geography, the automotive lightweight
materials market is segmented into North America,
Europe, Asia-Pacific, and Rest of the World
(RoW). North America is further bifurcated in
U.S., Canada, and Mexico whereas Europe consist
of UK, Germany, France, and Rest of Europe.
Asia-Pacific is segmented into India, China,
Japan, South Korea, and Rest of Asia-Pacific
while RoW is bifurcated into South America,
Middle East, and Africa. - The prominent players operating in the market are
PPG Industries, Inc., BASF SE, Covestro AG,
ArcelorMittal S.A., Novelis Inc., Toray
Industries, Inc., ThyssenKrupp AG, LyondellBasell
Industries N.V., Owens Corning, and Alcoa Inc.,
among others.
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4Global Automotive Lightweight Materials Market
Regional Revenue (2017 vs 2025)
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5The Report Covers
- The detailed analysis of Automotive Lightweight
Materials Market with respect to key segments
such as material type, and application has been
included in the report - The report comprises the qualitative and
quantitative analysis of the market with market
estimation over 2016 2025 and CAGR between 2017
and 2025 - Comprehensive analysis of market dynamics
including growth factors, restraining factors and
opportunities will be provided in the report - An exhaustive regional and country wise analysis
of Automotive Lightweight Materials Market has
been covered in the report - Profile of the major key players operating in
the Automotive Lightweight Materials Market will
be provided, with detailed study on their key
financials, product services, new developments
and business strategies
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6Global Automotive Lightweight Materials Market
- Based on geography, the automotive lightweight
materials market is segmented into North America,
Europe, Asia-Pacific, and Rest of the World
(RoW). North America is further bifurcated in
U.S., Canada, and Mexico whereas Europe consist
of UK, Germany, France, and Rest of Europe.
Asia-Pacific is segmented into India, China,
Japan, South Korea, and Rest of Asia-Pacific
while RoW is bifurcated into South America,
Middle East, and Africa. - The prominent players operating in the market are
PPG Industries, Inc., BASF SE, Covestro AG,
ArcelorMittal S.A., Novelis Inc., Toray
Industries, Inc., ThyssenKrupp AG, LyondellBasell
Industries N.V., Owens Corning, and Alcoa Inc.,
among others. - Based on geography, the automotive lightweight
materials market is segmented into North America,
Europe, Asia-Pacific, and Rest of the World
(RoW). North America is further bifurcated in
U.S., Canada, and Mexico whereas Europe consist
of UK, Germany, France, and Rest of Europe.
Asia-Pacific is segmented into India, China,
Japan, South Korea, and Rest of Asia-Pacific
while RoW is bifurcated into South America,
Middle East, and Africa. - The prominent players operating in the market are
PPG Industries, Inc., BASF SE, Covestro AG,
ArcelorMittal S.A., Novelis Inc., Toray
Industries, Inc., ThyssenKrupp AG, LyondellBasell
Industries N.V., Owens Corning, and Alcoa Inc.,
among others.
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7Scope of the Global Automotive Lightweight
Materials Market
- Metals
- Aluminium
- High Strength Steel (HSS)
- Other Metals
- Plastics
- Carbon Fiber Reinforced Plastic (CFRP)
- Glass Fiber Reinforced Polymer (GFRP)
- Structural
- Powertrain
- Interior
- Exterior
- Others Applications
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8Geography Segments
- China
- Japan
- India
- South Korea
- Others
- Europe
- UK
- Germany
- France
- Others
- RoW
- South America
- Middle East
- Africa
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9Global Automotive Lightweight Materials Market
Primary Interviews, by Geography
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10Contact Us
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CONTACT NO1-339-368-6383
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