Automotive Lightweight Material Market: New Study Offers Insights for 2015 – 2022

Global Automotive Lightweight Material Market Information Report by Material (Metal, Rubber, Plastic and Others), By Application (Interior, Exterior, Structural and Others), By Vehicle Type (Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Vehicles and Others) and By Region - Global Forecast To 2022

Market Scenario

Automotive lightweight materials are the materials used in automobiles for reducing the weight and increasing the speed and fuel efficiency of the automotive. These lightweight materials are good for building the frame of vehicles due to advantages provided by them such as less material consumption, low corrosion rate, enhanced strength and improved handling.

One of the key drivers for the growth of Automotive Lightweight Material Market is the increase in fuel efficiency achieved by the use of lightweight materials in the automotive. The emergence of strict regulations by the government for the control of carbon dioxide emissions, is leading to the increased adoption of lightweight materials for use in automobiles, thereby driving the growth of the market. However, the growth of this market is expected to be restrained by higher pricing of lightweight materials in automobiles such as carbon fibres and others.

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Regional Analysis

Asia-Pacific region is expected to be the fastest growing region in the automotive lightweight material market during the forecast period. The growth of this region can be attributed to factors such as the booming automotive industry in the region and the increasing awareness of the people in the region regarding the control of emissions from the automobiles which use heavyweight materials.

Key Players

The key players of automotive lightweight material market are Alcoa Inc., (U.S.), Toray Industries Inc.(Japan), ArcelorMittal S.A. (Luxembourg), ThyssenKrupp AG (Germany), BASF SE (Germany), PPG Industries, Inc (U.S.), Covestro AG (Germany), Owens Corning (U.S.), Lyondellbasell N.V. (U.S.), Novelis .Inc.,(U.S.) and others.

Intended Audience

• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

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The report for automotive lightweight material market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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