Global Vehicle Lightweighting Market Research Report Leading Players are Dow Chemical Company, Arconic, Aleris Corporation, 3M, Trelleborg AB, Samvardhana Motherson Group, Faurecia, Magna International Inc., ZF Friedrichshafen AG

Market Analysis: Global Vehicle Lightweighting Market

Global Vehicle Lightweighting Market is expected to witness a moderate CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to growth in demand for fuel-efficient and lightweight high-performance vehicles.

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The CAGR numbers also look quite impressive for the forecasted period of 2019-2026 in the Global Vehicle Lightweighting Industry market. The sales, import, export, and revenue figures are anticipated to grow in the forecast period. The key players and brands are making significant moves by product launches, researches, their joint ventures, mergers, and accusations which in turn are yielding successful results.

Furthermore, the report contains drivers and restraints of the Global Vehicle Lightweighting Industry market which is derived with the help of SWOT analysis.

Vehicle lightweighting is the process of replacing heavy-weight materials present in the vehicles with the light-weight similar characteristics materials, without compensating on the durability, and the strength of the vehicle. This process requires careful consideration and design analysis to identify and replace the right components from the right places with the appropriate materials.

Key Market Competitors: Global Vehicle Lightweighting Market

• The Dow Chemical Company
• Arconic
• Aleris Corporation
• 3M
• Trelleborg AB
• Samvardhana Motherson Group
• Faurecia
• Magna International Inc.
• ZF Friedrichshafen AG
• Fiat Chrysler Automobiles
• Benteler International
• CHASSIX
• GF Casting Solutions
• Freudenberg Group;
• General Motors; BASF SE
• Asahi Kasei Corporation
• ContiTech AG and Evonik Industries AG.

Market Drivers:

Increased focus on the demand for providing lightweight vehicles resulting in advanced fuel efficiency and overall performance of the vehicle; this factor is expected to act as a driver for the market growth

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Market Restraints:

Various levels of complications associated with the usage and integration of different materials such as appropriate application of the materials in the right places, high cost of some materials; these factors are expected to act as a restraint to the market growth

Segmentation: Global Vehicle Lightweighting Market

Key Developments in the Market:

• In March 2018, CHASSIX announced that they had completed the acquisition of Benteler International’s lightweight aluminum low pressure automotive casting division. With this acquisition, CHASSIX will be able to expand their product offerings and significantly enhance their service capabilities in the European region.
• In September 2017, Magna International Inc. announced that they are expanding their capacity for aluminum casting in Alabama, Unites States facility. This expansion will help the vehicle manufacturers to fulfil their need for lightweight materials required for vehicle lightweighting.
Competitive Analysis: Global Vehicle Lightweighting Market
Global vehicle lightweighting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vehicle lightweighting market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

Market Insights in the Report

• To describe and forecast the Global Vehicle Lightweighting Market, in terms of value, by process, product type, and industry.
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Vehicle Lightweighting Market
• To gain insights about the major regional insights in which the Global Vehicle Lightweighting Market is flourishing.
• Recent industry trends and developments
• Potential and niche segments/regions exhibiting promising growth

Major Topics Covered in this Report:

Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers

Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type

Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts

Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors

Chapter 13 Key Findings
Chapter 14 Appendix

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This release was published on openPR.