Automotive lightweight material market will registergrowth rate of 7.20% for the forecast period of 2020 to 2027.Increasing trend of vehicle electrification is expected to enhance the market growth.
This automotive lightweight material market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research automotive lightweight material market contact us for an Analyst Brief,our team will help you take an informed market decision to achieve market growth.
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Major Market Competitors/Players: Global Automotive Lightweight Material Market
The major players covered in the automotive lightweight material market report areBASF SE, Covestro AG, LyondellBasell Industries Holdings B.V., TORAY INDUSTRIES, INC., ArcelorMittal, thyssenkrupp AG., Novelis, Alcoa Corporation, Owens Corning, Stratasys Ltd., United States Steel, Trinseo, Aleris Corporation., POSCO, SGL Carbon, LANXESS, Borealis AG, AK Steel Corporation., among other domestic and global players.
Market Segmentation: Global Automotive Lightweight Material Market
- On the basis of material, the automotive lightweight material market is segmented into metal, composite, plastic and elastomers. Metal segment of the market is segmented into high strength steel, advanced high strength steel, aluminium and magnesium & titanium. Composite segment of the market is segmented into carbon fiber reinforced polymers, glass fiber reinforced polymer, natural fiber reinforced polymer and other composite. Plastic segment of the market is divided into PC, ABS, PA, PU and others. Elastomers segment is divided into EPDM, NR, SBR and others.
- Component segment is divided into frame, wheel, bumper & fender, engine & exhaust, transmission, doors, hood & trunk lid, seats, instrument panel and fuel tank.
- Based on application, the automotive lightweight material market is segmented into body in white, chassis and suspension, powertrain, closures, interiors and others.
- The vehicle type segment of the automotive lightweight material market is bifurcated into passenger car, light commercial vehicle, and heavy commercial vehicle.
- The electric and hybrid vehicle type segment is bifurcated into battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle, electric truck and electric bus.
- Material type segment of the automotive lightweight material market is divided into metal, composite, plastic and elastomers.
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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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
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