Press release
Global Automotive Lightweight Materials Market Will Grow Steadily At A CAGR Of 8.57% During The Period 2016-2020
Researchmoz added Most up-to-date research on "Global Automotive Lightweight Materials Market 2016-2020" to its huge collection of research reports.Automotive lightweight materials are of lower density than traditional automotive materials, such as iron and steel. The lightweight materials have a wide range of applications in automobiles because they not only help to reduce the weight of the vehicles, but also aid in providing enhanced automotive safety and fuel efficiency. The common lightweight materials used in the market are high-strength steel (HSS), aluminum, magnesium, plastics, carbon fiber, glass fiber, and composites, such as metal and ceramic matrices. These materials are light weight and have high strength that adds to the suitability of these products.
Technavios analysts forecast the global automotive lightweight materials market to grow at a CAGR of 8.57% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive lightweight materials market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of lightweight materials to original equipment manufacturers (OEMs) and automotive manufacturers.
The market is divided into the following segments based on geography:
APAC
Europe
North America
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=867631
Technavio's report, Global Automotive Lightweight Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Alcoa
ArcelorMittal
BASF
Toray Industries
US Magnesium
Other prominent vendors
Akzo Nobel
Aleris
AMG Advanced Metallurgical Group
Borealis
Constellium
Covestro
Dead Sea Magnesium
Dow Chemical
Henkel
Johnson Controls
KOBELCO
LyondellBasell Industries
Magna International
Norsk Hydro
Novelis
Owens Corning
POSCO
PPG
SABIC
Teijin
ThyssenKrupp
UACJ
Biosensors International
Market driver
Increase in automotive regulatory requirements
For a full, detailed list, view our report
Market challenge
Fluctuating raw material prices and high cost of automotive lightweight materials
For a full, detailed list, view our report
Market trend
Innovation and focus on use of lightweight materials in new energy vehicles
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=867631
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