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The Automotive Lightweight Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 - ResearchAndMarkets.com

November 19, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 19, 2019--

The “Automotive Lightweight Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global automotive lightweight materials market was worth US$ 82.8 Billion in 2018. Looking forward, the market is projected to reach a value of US$ 124.3 Billion by 2024, registering a CAGR of around 7% during 2019-2024.

With rapid environmental degradation, automotive companies across the globe are developing lighter and functional materials for improving the fuel efficiency of vehicles. The usage of lightweight materials enables manufacturers to improve vehicle efficiency, as a reduction in the weight of a car leads to significant improvement in fuel economy. Consequently, the increasing fuel prices are driving the demand for lighter vehicles.

Other than this, governments of various nations have also introduced vehicle weight reduction plans in response to the need for stringent environmental regulations. Furthermore, there has been a rise in investments in R&D activities across the industry as several major players are aiming to lower the cost of these materials and increase their recyclability.

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being BASF SE, Magna International, Toray Industries, Covestro AG, ArcelorMittal, thyssenkrupp AG, Alcoa Corporation, Bayer AG, Saudi Arabia Basic Industries Corporation (SABIC), PPG Industries, LyondellBasell, Novelis, Owens Corning Corporation, Grupo Antolin, etc.

Key Questions Answered in This Report

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Automotive Lightweight Materials Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Material Type

5.4 Market Breakup by Technology Type

5.5 Market Breakup by Component

5.6 Market Breakup by Application

5.7 Market Breakup by Vehicle Type

5.8 Market Breakup by Region

5.9 Market Forecast

6 Market Breakup by Material Type

6.1 Metal

6.1.1 Market Trends

6.1.2 Market Breakup by Type High Strength Steel (HSS) Aluminum Magnesium and Titanium

6.1.3 Market Forecast

6.2 Composite

6.2.1 Market Trends

6.2.2 Market Breakup by Type Carbon Fiber Reinforced Polymer (CFPR) Glass Fiber Reinforced Polymer (GFRP) Natural Fiber Reinforced Polymer (NFRP) Others

6.2.3 Market Forecast

6.3 Plastic

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 Elastomer

6.4.1 Market Trends

6.4.2 Market Forecast

7 Market Breakup by Technology Type

7.1 Battery Electric Vehicle

7.2 Hybrid Electric Vehicle

7.3 Plug-In Hybrid Electric Vehicle

7.4 Others

8 Market Breakup by Component

8.1 Frame

8.2 Wheel

8.3 Bumper

8.4 Door and Seat

8.5 Instrument Panel

8.6 Others

9 Market Breakup by Application

9.1 Structural

9.2 Interior

9.3 Exterior

9.4 Powertrain

9.5 Others

10 Market Breakup by Vehicle Type

10.1 Passenger Vehicles

10.2 Light Commercial Vehicles (LCVs)

10.3 Heavy Commercial Vehicles (HCVs)

11 Market Breakup by Region

11.1 North America

11.2 Europe

11.3 Asia-Pacific

11.4 Middle East & Africa

11.5 Latin America

12 SWOT Analysis

12.1 Overview

12.2 Strengths

12.3 Weaknesses

12.4 Opportunities

12.5 Threats

13 Value Chain Analysis

14 Porter’s Five Forces Analysis

14.1 Overview

14.2 Bargaining Power of Buyers

14.3 Bargaining Power of Suppliers

14.4 Degree of Competition

14.5 Threat of New Entrants

14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

16.3.1 BASF SE

16.3.2 Magna International

16.3.3 Toray Industries

16.3.4 Covestro AG

16.3.5 ArcelorMittal

16.3.6 Thyssenkrupp AG

16.3.7 Alcoa Corporation

16.3.8 Bayer AG

16.3.9 Saudi Arabia Basic Industries Corporation (SABIC)

16.3.10 PPG Industries

16.3.11 LyondellBasell

16.3.12 Novelis

16.3.13 Owens Corning Corporation

16.3.14 Grupo Antolin

For more information about this report visit https://www.researchandmarkets.com/r/xflz10

View source version on businesswire.com:https://www.businesswire.com/news/home/20191119005522/en/

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