The Automotive Lightweight Materials Market Report helps to focus on the important aspects of the market. All the statistical and numerical information given in the report is symbolized using graphs and tables which facilitate the understanding of facts and figures. In addition, this market research report predicts the size of the market with information about major vendors' revenue, upstream and downstream industry development, industry progress, key companies and type market segment and application. The Automotive Lightweight Materials Market report has been formed using information from reliable sources such as journals, websites and company annual reports, white papers and mergers.
The most reliable and latest market research tools and technologies are used to create this market report which helps the client stay ahead of the competition. The report is very valuable for clients to save overhead and focus on their core competencies. The report includes carefully researched business data having vital market factors such as key demographic and cultural research that will help in knowing where to successfully market the business. Industry experts and a knowledgeable research team strive to uncover the targeted information while producing this marketing material.
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The automotive lightweight materials market will register a growth rate of 7.20% for the forecast period from 2020 to 2027. The rising trend of vehicle electrification is expected to drive the growth of the market.
The increase in product strength and shelf life is expected to enhance the market growth. Some of the other factors such as stringent emissions and fuel economy regulations, increasing government initiatives for weight reduction, growing demand for fuel efficiency and reduction of harmful chemicals and the prevalence Growing light vehicles are expected to accelerate the automotive lightweight materials market during the forecast period. from 2020 to 2027.
Global Automotive Lightweight Materials Market Scope and Market Size
- On the basis of materials, the automotive lightweight materials market is segmented into metal, composite, plastic, and elastomers. The metals segment of the market is segmented into high strength steel, advanced high strength steel, aluminum and magnesium and titanium. The composite segment of the market is segmented into carbon fiber reinforced polymers, glass fiber reinforced polymers, natural fiber reinforced polymers and other composites. The plastic segment of the market is divided into PC, ABS, PA, PU and others. The elastomers segment is divided into EPDM, NR, SBR and others.
- The components segment is divided into chassis, wheel, bumpers and fenders, engine and exhaust, transmission, doors, hood and trunk lid, seats, dashboard and fuel tank.
- Based on application, the automotive lightweight materials market is segmented into body-in-white, chassis & suspension, powertrain, closures , interiors and others.
- The vehicle type segment of the automotive lightweight materials market is divided into passenger cars, light-duty vehicles and heavy -duty vehicles.
- The electric and hybrid vehicle type segment is divided into battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle, electric truck and electric bus.
- The material type segment of the automotive lightweight materials market is divided into metal, composite, plastic and elastomers.
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The countries covered in the Automotive Lightweight Materials market report are US, Canada & Mexico North America, Germany, France, UK, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, the rest of Europe in Europe, China, Japan. , India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Major key players operating in the automotive lightweight materials market include:
The major players covered in Automotive Lightweight Materials Market report are BASF SE, Covestro AG, LyondellBasell Industries Holdings BV, TORAY INDUSTRIES, INC., ArcelorMittal, thyssenkrupp AG., Novelis, Alcoa Corporation, Owens Corning, Stratasys Ltd., United States Steel, Trinseo, Aleris Corporation., POSCO, SGL Carbon, LANXESS, Borealis AG, AK Steel Corporation., among other domestic and global players. Market share data is available separately for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America . DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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