Dublin, July 12, 2018 (GLOBE NEWSWIRE) -- The "Automotive Lightweight Materials Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The future of the global automotive lightweight materials market looks promising with opportunities in passenger cars, light commercial vehicles, and heavy commercial vehicles.
The global automotive lightweight materials market is expected to reach an estimated $110.5 billion by 2023 and it is forecast to grow at a CAGR of 6.1% from 2018 to 2023.
The major drivers of growth for this market are government regulations concerning fuel economy and emissions, and increasing utilization of lightweight materials by manufacturers. The other major driver is growth of global vehicle production which is expected to grow at a CAGR of 2.5% during the forecast period and to reach 113 million units by 2023. Emerging trends, which have a direct impact on the dynamics of the automotive lightweight materials industry, include increasing use of aluminum in chassis and structural applications, advanced manufacturing technology, development of aluminum-air battery, third generation AHSS, and pre-oxidation to galvanize AHSS, development of recycling technologies for plastics and replacement of PA 66 with cheaper and advanced PA 6. On the basis of its comprehensive research, the researcher forecasts that the AHSS, aluminum and composites material segments will show above average growth during the forecast period. Passenger car, light commercial vehicle, and heavy commercial vehicle are the major vehicle segments of the global automotive lightweight materials market. The passenger car segment is expected to show above average growth during the forecast period due to the increasing penetration of lightweight materials per vehicle. Europe is expected to remain the largest region due to increasing use of lightweight materials content per vehicle coupled with stringent government regulations to reduce carbon emissions and to increase fuel efficiency. Asia Pacific is expected to witness significant growth over the forecast period because of high vehicle production and continued increase of lightweight materials content per vehicle.
Report Features
- Market size estimates: Global automotive lightweight materials market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
- Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
- Segmentation analysis: Global automotive lightweight materials market size by various applications such as material, vehicle, and application in terms of value and volume shipment.
- Regional analysis: Global automotive lightweight materials market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of automotive lightweight materials in the automotive lightweight materials market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of automotive lightweight materials in the automotive lightweight materials market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Market Segmentation Automotive Lightweight Materials Market by Material Type ($ Million and million pounds from 2012 to 2023)
- AHSS
- Aluminum
- Magnesium
- Plastics
- Composites
Automotive Lightweight Materials Market by Vehicle Type ($ Million and million pounds from 2012 to 2023)
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Automotive Lightweight Materials Market by Application ($ Million and million pounds from 2012 to 2023)
- BIW
- Powertrain
- Interior
- Exterior
- Others
Automotive Lightweight Materials Market by Region ($ Million and million pounds from 2012 to 2023)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Russia
- United Kingdom
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- The Rest of the World
- Brazil
- Turkey
Companies Featured
- Alcoa Inc.
- Aleris International, Inc.
- ArcelorMittal SA
- E I Du Pont De Nemours and Co.
- LyondellBassel Industries NV
- Novelis Inc.
- POSCO
- Tata Steel Limited
- ThyssenKrupp AG
- US Magnesium LLC
Key Topics Covered
1. Executive Summary 2. Market Background and Classifications 2.1: Introduction, Background, and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges 2.4: Industry Trends in Meeting Legislation 2.5: OEMs Prospective for Lightweight 2.6: Vehicle Weight Reduction: Automaker Plans 3. Market Trends and Forecast Analysis from 2012 to 2023 3.1: Macroeconomic Trends and Forecasts 3.2: Global Automotive Lightweight Materials Market Trends and Forecast 3.3: Global Automotive Lightweight Materials Market by Application Type 3.4: Global Automotive Lightweight Materials Market by Material Type 3.4.1: Aluminum 3.4.2: AHSS 3.4.3: Magnesium 3.4.4: Composites 3.4.5: Plastics 3.5: Global Automotive Lightweight Materials Market by Vehicle Type 3.5.1: Passenger Cars 3.5.2: Light Commercial Vehicles 3.5.3: Heavy Commercial Vehicles 4. Market Trends and Forecast Analysis by Region 4.1: Global Automotive Lightweight Materials Market by Region 4.2: North American Automotive Lightweight Materials Market 4.2.1: North American Automotive Lightweight Materials Market by Material Type 4.2.2: North American Automotive Lightweight Materials Market by Vehicle Type 4.2.3: US Automotive Lightweight Materials Market 4.2.4: Canadian Automotive Lightweight Materials Market 4.2.5: Mexican Automotive Lightweight Materials Market 4.3: European Automotive Lightweight Materials Market 4.3.1: European Automotive Lightweight Materials Market by Application 4.3.2: European Automotive Lightweight Materials Market by Vehicle Type 4.3.3: German Automotive Lightweight Materials Market 4.3.4: Russian Automotive Lightweight Materials Market 4.3.5: French Automotive Lightweight Materials Market 4.3.6: United Kingdom Automotive Lightweight Materials Market 4.3.7: Italian Automotive Lightweight Materials Market 4.4: APAC Automotive Lightweight Materials Market 4.4.1: APAC Automotive Lightweight Materials Market by Application 4.4.2: APAC Automotive Lightweight Materials Market by Vehicle Type 4.4.3: Chinese Automotive Lightweight Materials Market 4.4.4: Japanese Automotive Lightweight Materials Market 4.4.5: Indonesian Automotive Lightweight Materials Market 4.4.6: Indian Automotive Lightweight Materials Market 4.4.7: South Korean Automotive Lightweight Materials Market 4.5: ROW Automotive Lightweight Materials Market 4.5.1: ROW Automotive Lightweight Materials Market by Material 4.5.2: ROW Automotive Lightweight Materials Market by Vehicle Type 4.5.3: Brazilian Automotive Lightweight Materials Market 4.5.4: Turkish Automotive Lightweight Materials Market 5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Porter's Five Forces Analysis 6. Growth Opportunities and Strategic Analysis 6.1: Growth Opportunity Analysis 6.1.1: Growth Opportunities for the Global Automotive Lightweight Materials Market by Application Type 6.1.2: Growth Opportunities for the Global Automotive Lightweight Materials Market by Material Type 6.1.3: Growth Opportunities for the Global Automotive Lightweight Materials Market by Region 6.1.4: Growth Opportunities for the Global Automotive Lightweight Materials Market by Vehicle Type 6.2: Emerging Trends in the Global Automotive Lightweight Materials Market 6.3: Strategic Analysis 6.3.1: New Product Development 6.3.2: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Lightweight Materials Market 6.3.3: Technology Development 7. Company Profiles of Leading Players 7.1: ArcelorMittal SA 7.2: ThyssenKrupp AG 7.3: Aleris International, Inc. 7.4: POSCO 7.5: Alcoa Inc. 7.6: Novelis Inc. 7.7: E I Du Pont De Nemours and Co. 7.8: LyondellBassel Industries NV 7.9: Tata Steel Limited 7.10: US Magnesium LLC
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