Press release
Lightweight Materials for Automotive Market Research Report 2023
Lightweight Materials for Automotive MarketThe global Lightweight Materials for Automotive market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Lightweight Materials for Automotive is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Lightweight Materials for Automotive is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Lightweight Materials for Automotive include BASF, Thyssenkrupp, Covestro, Arcelormittal, Lyondellbasell, Novelis, Toray, PPG and Alcoa, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Lightweight Materials for Automotive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lightweight Materials for Automotive.
The Lightweight Materials for Automotive market size, estimations, and forecasts are provided in terms of output/shipments (K Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Lightweight Materials for Automotive market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lightweight Materials for Automotive manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
• BASF
• Thyssenkrupp
• Covestro
• Arcelormittal
• Lyondellbasell
• Novelis
• Toray
• PPG
• Alcoa
• Owens Corning
• Stratasys
• Borealis
• SGL Carbon
Segment by Type
• Metals
• Plastics
• Rubber
• Composites
Segment by Application
• Body-in White
• Chassis & Suspension
• Powertrains and Closure
• Interiors and Others
Production by Region
• North America
• Europe
• China
• Japan
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