LeapZipBlog: Amanpreet's blog: Automotive Lightweight Material Market Size, Share, Emerging Trends, Analysis and Forecasts to 2028

Automotive Lightweight Material Market Size, Share, Emerging Trends, Analysis and Forecasts to 2028

January 17, 2020 by Amanpreet  

With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global automotive lightweight material market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.

Sales of automotive lightweight material are estimated to surpass 76 kilotons in 2019, up from nearly 74 kilotons in 2018, according to a recent Fact.MR report. The automotive lightweight material industry is significantly influenced by broader trends in the automobile industry, especially evolving regulations on fuel efficiency. Fact.MR’s new report analyzes this landscape in detail, and offers readers a comprehensive analysis on the key factors at play.

The study opines that lightweighting continues to gain a centerstage in the automotive industry. Demand for cost-effective lightweight materials continues to surge, as a growing demographic of consumers shows marked preference towards organizations that embrace sustainability. The report finds that in addition to these broader, cross-industry trends, demand for lightweight materials is also influenced by industry-specific factors such as growing electric vehicle parc.

According to the study, gains have also been complemented by steady automobile sales in China and India, two of the most populous countries in the world. Although cost remains a key parameter for buying behavior, emergence of a sizeable carbon-conscious demographic in the region has led to the introduction of lightweight materials. The report opines that these two countries will remain key to future growth of the automotive lightweight material industry. In 2018, automotive lightweight material sales were in excess of 17 kilotons in China, and are estimated to record a Y-o-Y growth at over 4.0% in 2019.

Competitive Assessment

The automotive lightweight material market report includes global as well as emerging players:

  • United States Steel Corporation
  • Tata Steel Ltd
  • ThyssenKrupp AG
  • Nucor Corp
  • ArcelorMittal SA.
  • Ak Steel Holding Corp
  • Baoshan Iron & Steel Co., Ltd
  • SSAB AB
  • POSCO
  • Solvay
  • Covestro
  • ExxonMobil
  • Asahi Kasei Corporation
  • Owen Corning
  • Hindalco
  • Kaiser
  • Luxfer

Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=3423

The insights for each vendor consists of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

Regional Analysis

Important regions covered in the automotive lightweight material market report include:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico)
  • Europe (U.K., Germany)
  • APEJ (China, India)

The automotive lightweight material market report also provides data regarding the key countries in the defined regions.

Segmentation Analysis

By Application:

  • Engine & Mechanical
  • Exterior & Structural
  • Interior
  • HVAC & Electrical

By Vehicle Type:

  • Passenger Cars
  • LCV
  • HCV

What insights does the automotive lightweight material market report provide to the readers?

  • Automotive lightweight material market fragmentation on the basis of product type, end use, and region.
  • Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
  • Collaborations, R&D projects, acquisitions, and product launches of each automotive lightweight material market player.
  • Various regulations imposed by the governments on the consumption of automotive lightweight material market in detail.
  • Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global automotive lightweight material market.

For a detailed industry outlook, Get the Report Sample at: https://www.factmr.com/connectus/sample?flag=S&rep_id=3423

Questionnaire answered in the automotive lightweight material market report include:

  • What is the present and future outlook of the global automotive lightweight material market on the basis of region?
  • What are the challenges and opportunities for the automotive lightweight material market?
  • Why the consumption of automotive lightweight material market highest in region?
  • In which year segment is expected to overtake segment?