Automotive Lightweight Material Market is forecasted to value over USD 117 billion by 2028 end and register a CAGR of 7.2% from the forecast period 2021-2028.
With the advent of IoT and AI, the automotive industry is bound to showcase significant growth in the upcoming years. The rise in the manufacturing of autonomous vehicles, the customers obtaining predictive maintenance data, understanding traffic dynamics are some of the factors that have resulted in the significant growth of the automotive industry. Furthermore, many car dealers are using the latest technologies like augmented reality which enhances the buying experience of consumers. Major car manufacturers are slowly adopting Automotive Lightweight Material owing to the air pollution caused by gasoline and diesel vehicles which has opened new opportunities for emerging players to establish their position in the market.
The Automotive Lightweight Material Market assessment is performed taking various factors into consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Automotive Lightweight Material Market is also evaluated based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Automotive Lightweight Material Market:
- Basf SE
- Covestro AG
- Lyondellbasell Industries Holdings B.V.
- Toray Industries, Inc.
- Arcelormittal
- Thyssenkrupp AG
- Novelis, Inc.
- Alcoa Corporation
- Owens Corning
- Stratasys Ltd.
- Tata Steel
- POSCO
- SGL Carbon
- Lanxess
- Borealis AG
- Dowdupont
- AK Steel Corporation
- U.S. Magnesium LLC
- Aleris Corporation
- WHB Brasil
(Note: The list of the major players will be updated with the latest market scenario and trends)
Automotive Lightweight Material Market Segmentation:
By Material Type
- Metal
- High Strength Steel (HSS)
- Aluminum
- Magnesium & Titanium
- Composite
- Carbon Fiber Reinforced Polymers (CFRP)
- Glass Fiber Reinforced POLYMER (GFRP)
- Natural Fiber Reinforced Polymer (NFRP)
- Other Composites
- Plastic
- PC
- ABS
- PA
- PP
- PU
- Others
- Elastomer
- EPDM
- NR
- SBR
- Others
By Application
- Body in White
- Chassis and Suspension
- Powertrains
- Closures
- Interiors
- Others
By Component
- Frames
- Wheels
- Bumpers & Fenders
- Engines & Exhausts
- Transmission
- Fuel Tanks
- Doors
- Hood & Trunk Lid
- Seats
- Instrument Panels
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
By Frames & Hybrid Vehicle Type
- Battery Electric Vehicle(BEV)
- Hybrid Electric Vehicle(HEV)
- Plug-in Hybrid Electric Vehicle(PHEV)
- Electric Truck
- Electric Bus
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Automotive Lightweight Material Market Competitive Analysis:
- Tier-1 Players
- Tier-2 Players
- Emerging Players
- New Entrants
Future Market Analytics Focus Points:
- SWOT Analysis
- Key Market Trends
- Key Data -Points Affecting Market Growth
- Revenue and Forecast Analysis
- Growth Opportunities For New Entrants and Emerging Players
- Key Player and Market Growth Matrix
Objectives of the Study:
- To provide a comprehensive analysis on the Automotive Lightweight Material Market by material type, by application, by component, by vehicle type, by electric & hybrid vehicle type and by region
- To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
- To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
In case of any requirements or changes to the current table of content please contact us at:enquiry@futuremarketanalytics.com
