Automotive Lightweight Material Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
8604 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : 99 Strategy
Metals is largest segment, by volume as well as by value, in the automotive lightweight material market. The segment is leading due to the high use of metals in any automobile, followed by plastics and rubber. The high strength steel materials segment lead the market with respect to volume, however, owing to the higher price, the aluminum sub segment has the highest value. Alternatively, the prices of composite materials are 5-10 times higher than conventional steels. A study conducted by EDAG Engineering GmbH with U.S. National Highway Traffic Safety Administration (NHTSA) suggests that using aluminum to make a car can reduce the vehicle weight up to 35% at an additional cost of USD 927 per vehicle, whereas using CFRP to build a car could reduce the vehicle\'s weight by half, at an additional cost of USD 2,700. Hence, the use of composite materials in automotive industry is presently limited majorly to the premium passenger cars, owing to the high price of these materials.
More than 30% of the vehicle\'s weight is concentrated in the chassis and suspension and hence has a huge potential for lightweighting. The segment is projected to grow at the fastest growth rate over the next five years. Based on a publication by the U.S. DOE, has mandated a ~35% weight reduction in the chassis and suspension segment by 2030, with a further reduction in weight of ~55% by 2050. The lightweight materials used in the chassis and suspension are HSS and aluminum. The Body-in-White and Interiors segments are the second and third fastest growing in the lightweight materials market respectively.
The Global Automotive Lightweight Material Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global Automotive Lightweight Material Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
BASF (Germany)
ThyssenKrupp (Germany)
Covestro (Germany)
ArcelorMittal (Luxembourg)
Lyondellbasell (US)
Novelis (US)
Toray Industries (Japan)
PPG Industries (US)
Alcoa (US)
Owens Corning (US)
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Metal
Composite
Rubber
Plastic
In Market segmentation by applications :
ICE
EV
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Lightweight Material Market for the forecast period 2023-2030?
• What are the driving forces in the Automotive Lightweight Material Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Lightweight Material industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Automotive Lightweight Material Market Size Growth Rate by Type (2020-2030)
1.3.2 Metal
1.3.3 Composite
1.3.4 Rubber
1.3.5 Plastic
1.4 Market Segment by Application
1.4.1 Global Automotive Lightweight Material Market Share by Application (2020-2030)
1.4.2 ICE
1.4.3 EV
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Automotive Lightweight Material Production Value 2015-2030
2.1.2 Global Automotive Lightweight Material Production 2015-2030
2.1.3 Global Automotive Lightweight Material Capacity 2015-2030
2.1.4 Global Automotive Lightweight Material Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Automotive Lightweight Material Market Size CAGR of Key Regions
2.2.2 Global Automotive Lightweight Material Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Automotive Lightweight Material Capacity by Manufacturers
3.1.2 Global Automotive Lightweight Material Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Automotive Lightweight Material Revenue by Manufacturers (2018 - 2022)
3.2.2 Automotive Lightweight Material Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Automotive Lightweight Material Market Concentration Ratio (CR5 and HHI)
3.3 Automotive Lightweight Material Price by Manufacturers
3.4 Key Manufacturers Automotive Lightweight Material Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Automotive Lightweight Material Market
3.6 Key Manufacturers Automotive Lightweight Material Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Metal Production and Production Value (2018 - 2022)
4.1.2 Composite Production and Production Value (2018 - 2022)
4.1.3 Rubber Production and Production Value (2018 - 2022)
4.1.4 Plastic Production and Production Value (2018 - 2022)
4.2 Global Automotive Lightweight Material Production Market Share by Type
4.3 Global Automotive Lightweight Material Production Value Market Share by Type
4.4 Automotive Lightweight Material Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Automotive Lightweight Material Consumption by Application
6 Production by Regions
6.1 Global Automotive Lightweight Material Production (History Data) by Regions 2018 - 2022
6.2 Global Automotive Lightweight Material Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Automotive Lightweight Material Production Growth Rate 2018 - 2022
6.3.2 United States Automotive Lightweight Material Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Automotive Lightweight Material Import & Export
6.4 European Union
6.4.1 European Union Automotive Lightweight Material Production Growth Rate 2018 - 2022
6.4.2 European Union Automotive Lightweight Material Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Automotive Lightweight Material Import & Export
6.5 China
6.5.1 China Automotive Lightweight Material Production Growth Rate 2018 - 2022
6.5.2 China Automotive Lightweight Material Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Automotive Lightweight Material Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Automotive Lightweight Material Consumption by Regions
7.1 Global Automotive Lightweight Material Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Automotive Lightweight Material Consumption by Type
7.2.2 United States Automotive Lightweight Material Consumption by Application
7.3 European Union
7.3.1 European Union Automotive Lightweight Material Consumption by Type
7.3.2 European Union Automotive Lightweight Material Consumption by Application
7.4 China
7.4.1 China Automotive Lightweight Material Consumption by Type
7.4.2 China Automotive Lightweight Material Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Automotive Lightweight Material Consumption by Type
7.5.2 Rest of World Automotive Lightweight Material Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 BASF (Germany)
8.1.1 BASF (Germany) Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Automotive Lightweight Material
8.1.4 Automotive Lightweight Material Product Introduction
8.1.5 BASF (Germany) Recent Development
8.2 ThyssenKrupp (Germany)
8.2.1 ThyssenKrupp (Germany) Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Automotive Lightweight Material
8.2.4 Automotive Lightweight Material Product Introduction
8.2.5 ThyssenKrupp (Germany) Recent Development
8.3 Covestro (Germany)
8.3.1 Covestro (Germany) Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Automotive Lightweight Material
8.3.4 Automotive Lightweight Material Product Introduction
8.3.5 Covestro (Germany) Recent Development
8.4 ArcelorMittal (Luxembourg)
8.4.1 ArcelorMittal (Luxembourg) Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Automotive Lightweight Material
8.4.4 Automotive Lightweight Material Product Introduction
8.4.5 ArcelorMittal (Luxembourg) Recent Development
8.5 Lyondellbasell (US)
8.5.1 Lyondellbasell (US) Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Automotive Lightweight Material
8.5.4 Automotive Lightweight Material Product Introduction
8.5.5 Lyondellbasell (US) Recent Development
8.6 Novelis (US)
8.6.1 Novelis (US) Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Automotive Lightweight Material
8.6.4 Automotive Lightweight Material Product Introduction
8.6.5 Novelis (US) Recent Development
8.7 Toray Industries (Japan)
8.7.1 Toray Industries (Japan) Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Automotive Lightweight Material
8.7.4 Automotive Lightweight Material Product Introduction
8.7.5 Toray Industries (Japan) Recent Development
8.8 PPG Industries (US)
8.8.1 PPG Industries (US) Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Automotive Lightweight Material
8.8.4 Automotive Lightweight Material Product Introduction
8.8.5 PPG Industries (US) Recent Development
8.9 Alcoa (US)
8.9.1 Alcoa (US) Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Automotive Lightweight Material
8.9.4 Automotive Lightweight Material Product Introduction
8.9.5 Alcoa (US) Recent Development
8.10 Owens Corning (US)
8.10.1 Owens Corning (US) Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Automotive Lightweight Material
8.10.4 Automotive Lightweight Material Product Introduction
8.10.5 Owens Corning (US) Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Automotive Lightweight Material Capacity, Production Forecast 2020-2030
9.1.2 Global Automotive Lightweight Material Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Automotive Lightweight Material Production and Value Forecast by Regions 2020-2030
9.2.2 Global Automotive Lightweight Material Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Automotive Lightweight Material Production Forecast by Type
9.7.2 Global Automotive Lightweight Material Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Automotive Lightweight Material Sales Channels
10.2.2 Automotive Lightweight Material Distributors
10.3 Automotive Lightweight Material Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porter\'s Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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