Lightweight Automotive Materials Market 2021-2027
New Study Reports ” Lightweight Automotive Materials Market 2021 Global Opportunities, Challenges, Strategies and Forecasts 2027″ has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Lightweight Automotive Materials Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Lightweight Automotive Materials Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Lightweight Automotive Materials market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
The global lightweight automotive materials market is slated to touch a value of about US$ 76,200 Mn in the year 2022 and grow at a steady CAGR during the assessment period.
The prospects of growth of the global lightweight automotive materials market are positively influenced by the recent increase in the automotive regulatory requirements. Due to the growing menace of rising levels of air pollution, governments all across the world have enacted stringent laws and requirements pertaining to the reduction in the emissions of carbon dioxide from the vehicles. A reference can be made of the Kyoto Protocol that commits the countries that have signed this protocol to restrict the emissions of greenhouse gases in the atmosphere. Due to such factors, the automotive manufacturers are increasingly turning to use lightweight materials in the vehicles they manufacture. Such kind of lightweight materials reduce the overall weight of the vehicles, thereby improving the fuel efficiency of such vehicles and cutting the emissions of greenhouse gases. However, the high cost of such lightweight materials is hampering the growth of this market.
Key Players:
The report has profiled some of the Important players prevalent in the global like – ArcelorMittal SA, Owens Corning, BASF SE, ThyssenKrupp AG, Covestro AG., PPG Industries, Inc., LyondellBasell Industries NV, Alcoa Inc., Novelis, Inc. and Toray Industries, Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Lightweight Automotive Materials.
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4 Forecast Highlights on Global Lightweight Automotive Materials Market
- As per the forecast of Persistence Market Research, the HSS additive type segment is slated to touch a value of nearly US$ 10,000 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The HSS additive type segment is estimated to account for more than one-tenth of the revenue share of the additive type segment by the year 2017 and is forecasted to lose market share by 2022 over 2017.
- As per the forecast of Persistence Market Research, the mid-sized passenger cars segment will reach a value of about US$ 12,500 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The mid-sized passenger cars segment is forecasted to account for more than one-fifth of the total revenue share of the vehicle type segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
- As per the forecast of Persistence Market Research, the body-in white application type segment is slated to reach a value of nearly US$ 18,700 Mn in 2022. The body-in white application type segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the APEJ region in the body-in white application type segment.
- Persistence Market Research forecasts the China lightweight automotive materials market to exhibit a compound annual growth rate (CAGR) of more than 5% from 2017 to 2022.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Lightweight Automotive Materials Market Manufacturers
Lightweight Automotive Materials Market Distributors/Traders/Wholesalers
Lightweight Automotive Materials Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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View Report Table of Contents, Figures, and Tables
Major Highlights of the Lightweight Automotive Materials Market Report:
- The Lightweight Automotive Materials Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Lightweight Automotive Materials Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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