The automotive lightweight materials market has been seeing a good amount of growth in the last few years and is also anticipated to show a good amount of growth in the coming years. The reason for this is that the advanced materials have an important role to play in the driving of the fuel competence that the new cars have in addition to higher safety and performance.
Scope of The Report:
Automotive Lightweight Materials Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Automotive Lightweight Materials Market place for the forecast 2019– 2025.
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The cars which are lighter in weight need lesser power in terms of acceleration and can also add to efficiency of vehicles when compared to the heavy vehicles and provide 6-8% lesser fuel consumption. The segmentation is done on the basis of material type, application and component. In terms of the material type, the market has been segmented into Aluminum, HSS, magnesium, engineering plastics, NFRP, CFRP and NR.
On the basis of application, the global automotive lightweight market has been segmented into body in white, chassis & suspension, closure and powertrains in addition to the others. In terms of component, the market has been segmented into engine, exhaust, frame and wheels. Also on the basis of vehicle type, the automotive lightweight materials market has been segmented into the HCV, BEV, LCV, passenger car and the HEV.
Key Players in the Automotive Lightweight Materials Market Report
The major players in the automotive lightweight materials market are Thyssen Krupp AG, Owens Coming Corporation, Hexcel Corporation, SGL Group, Nippon Graphite Fiber Corporation, UC Rusal, Tinto Alcan Inc, Kaiser Aluminum, Aluminum Corporation of China, China Hongaiao Group Ltd. US Magnesium LLC and the A&S Magnesium Inc.
Automotive Lightweight Materials Key Market Segments:
By Material Type:
Magnesium & Titanium
Body in white
Chassis & suspension
Bumpers & fenders
Engine & exhaust
Hood & trunk lid
By Vehicle Type:
By Electric & Hybrid Vehicle Type:
By Material Type:
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Penetration of Lightweight Elements Leading To The Growth In The Automotive Lightweight Materials Market
The increase in the manufacturing of the aircraft modules and the increase in the penetration of elements which are lighter in weight strengthen requirements for the other materials that are light in weight which include the enhanced composite. These boost the automotive lightweight materials market development. At the other side of the spectrum, there is the frequent variation in the prices of raw materials and the huge amount of costs which are associated with the carbon fiber limit that are used in the production of these automotive element. This becomes a major restraining factor when it comes to the automotive lightweight materials market growth.
Another major reason which is going to grow the automotive lightweight materials market is the aggressive growth in the developing countries and also the developed countries of the fuel-efficient and light weight cars all across the world and therefore this powers the global automotive lightweight materials market. The automotive lightweight materials market is only going to grow as the penetration of fuel efficient vehicles sees an increase.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
North America Is Expected To Witness Highest Growth In The Global Automotive Lightweight Materials Market
The automotive lightweight materials market is divided into many regions like North America, Latin America, Asia Pacific and Middle East among others. The market however which is expected to see the most amount of growth is the North American market. The reason for this is the emission regulations which in the near future are going to be imposed in these countries specifically the ones for the light duty cars. These norms have been made compulsory. The region has become a major leader in the industry of light trucks as well fueling the demand further for the market. Asia Pacific has been becoming the next best growing region as there is a good amount of growth in India, China and Japan. The demand is also expected to grow in Asia with the fuel efficient cars being adopted in China specifically.
Table of Contents
1 Study Coverage
1.1 Automotive Lightweight Material Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Automotive Lightweight Materials Market Size
2.1.1 Global Automotive Lightweight Materials Revenue 2014-2025
2.1.2 Global Automotive Lightweight Materials Production 2014-2025
2.2 Automotive Lightweight Materials Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Automotive Lightweight Materials Manufacturers
18.104.22.168 Automotive Lightweight Materials Manufacturing Base Distribution, Headquarters
22.214.171.124 Manufacturers Automotive Lightweight Materials Product Offered
126.96.36.199 Date of Manufacturers Enter into Automotive Lightweight Materials Market
2.4 Key Trends for Automotive Lightweight Materials Markets & Products
3 Market Size by Manufacturers
3.1 Automotive Lightweight Materials Production by Manufacturers
3.1.1 Automotive Lightweight Materials Production by Manufacturers
3.1.2 Automotive Lightweight Materials Production Market Share by Manufacturers
3.2 Automotive Lightweight Materials Revenue by Manufacturers
3.2.1 Automotive Lightweight Materials Revenue by Manufacturers (2014-2019)
3.2.2 Automotive Lightweight Materials Revenue Share by Manufacturers (2014-2019)
3.3 Automotive Lightweight Materials Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Automotive Lightweight Materials Production by Regions
5 Automotive Lightweight Materials Consumption by Regions
6 Market Size by Type
7 Market Size by Application
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