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

  • ID: 4856230
  • Report
  • October 2019
  • Region: Global
  • 105 pages
  • IMARC Group
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FEATURED COMPANIES

  • Alcoa Corporation
  • BASF SE
  • Covestro AG
  • LyondellBasell
  • Novelis
  • PPG Industries
  • MORE
The global automotive lightweight materials market was worth US$ 82.8 Billion in 2018. Automotive lightweight materials are primarily used for replacing cast iron and conventional steel components in different types of vehicles such as electric, plug-in and hybrid electric vehicles. They are used in structural elements which enable vehicles to carry advanced safety devices, integrated electronic systems and emission control systems. The usage of lightweight materials in automobiles offsets the weight of their power systems like electric motors and batteries while improving the efficiency and increasing their all-electric range. Some of the most popular lightweight materials used in the automotive industry include high-strength steel, aluminum alloys, polymer composites, carbon fiber, magnesium alloys, etc.

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. Looking forward, the publisher expects the market to reach a value of US$ 124.3 Billion by 2024, registering a CAGR of around 7% during 2019-2024.

Report Covearge:

Historical, Current and Future Market Trends

Market Breakup by Material Type:
Metal
High Strength Steel (HSS)
Aluminum
Magnesium & Titanium
Composite
Carbon Fiber Reinforced Polymer (CFPR)
Glass Fiber Reinforced Polymer (GFRP)
Natural Fiber Reinforced Polymer (NFRP)
Other Composites
Plastic
Elastomer

Market Breakup by Technology Type:
Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-In Hybrid Electric Vehicle
Others

Market Breakup by Component:
Frame
Wheel
Bumper
Door and Seat
Instrument Panel
Others

Market Breakup by Application:
Structural
Interior
Exterior
Powertrain
Others

Market Breakup by Vehicle Type:
Passenger Vehicle
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

Market Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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:
  • How has the global automotive lightweight materials market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global automotive lightweight materials industry?
  • What is the breakup of the market based on the material type?
  • What is the breakup of the market based on the technology type?
  • What is the breakup of the market based on the component type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the vehicle type?
  • What are the various stages in the value chain of the global automotive lightweight materials industry?
  • What are the key driving factors and challenges in the global automotive lightweight materials industry?
  • What is the structure of the global automotive lightweight materials industry and who are the key players?
  • What is the degree of competition in the global automotive lightweight materials industry?
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alcoa Corporation
  • BASF SE
  • Covestro AG
  • LyondellBasell
  • Novelis
  • PPG Industries
  • MORE
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting 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
6.1.2.1 High Strength Steel (HSS)
6.1.2.2 Aluminum
6.1.2.3 Magnesium and Titanium
6.1.3 Market Forecast
6.2 Composite
6.2.1 Market Trends
6.2.2 Market Breakup by Type
6.2.2.1 Carbon Fiber Reinforced Polymer (CFPR)
6.2.2.2 Glass Fiber Reinforced Polymer (GFRP)
6.2.2.3 Natural Fiber Reinforced Polymer (NFRP)
6.2.2.4 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
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Hybrid Electric Vehicle
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Plug-In Hybrid Electric Vehicle
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by Component
8.1 Frame
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Wheel
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Bumper
8.2.1 Market Trends
8.2.2 Market Forecast
8.4 Door and Seat
8.2.1 Market Trends
8.2.2 Market Forecast
8.5 Instrument Panel
8.2.1 Market Trends
8.2.2 Market Forecast
8.6 Others
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Application
9.1 Structural
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Interior
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Exterior
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Powertrain
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast

10 Market Breakup by Vehicle Type
10.1 Passenger Vehicles
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Light Commercial Vehicles (LCVs)
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Heavy Commercial Vehicles (HCVs)
10.3.1 Market Trends
10.3.2 Market Forecast

11 Market Breakup by Region
11.1 North America
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Europe
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Asia Pacific
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Middle East and Africa
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Latin America
11.5.1 Market Trends
11.5.2 Market Forecast

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
Note: Product cover images may vary from those shown
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  • 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
Note: Product cover images may vary from those shown
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