Report overview
Automotive lightweight material refers to materials that exhibit high strength-to-weight ratio, superior corrosion resistance properties, and substantial design flexibility, thereby finding its application in automotive system and components. In the recent years, requirement for weight minimization & higher fuel efficiency, adhering to environmental regulations, and changing consumer sentiments toward mobility solutions as consumers demand for high-strength materials to attain the high-end operational performance are the major factors anticipated to influence automakers to focus on redesigning of materials.
This report aims to provide a comprehensive presentation of the global market for Lightweight Automotive Materials, 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 Automotive Materials. This report contains market size and forecasts of Lightweight Automotive Materials in global, including the following market information:
Global Lightweight Automotive Materials Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Lightweight Automotive Materials Market Sales, 2018-2023, 2024-2030, (K MT)
Global top five Lightweight Automotive Materials companies in 2022 (%)
The global Lightweight Automotive Materials market was valued at US$ 123180 million in 2022 and is projected to reach US$ 135200 million by 2029, at a CAGR of 1.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of automotive lightweight material include BASF, Thyssenkrupp, Covestro, Arcelormittal, Lyondellbasell, etc. Global top five manufacturers hold a share over 20%. The key players are mainly located in Europe, North America, China and Japan. In terms of product, aluminum alloys is the largest segment, with a share over 43%. And in terms of application, the largest application is interiors and others, with a share over 30%.
We surveyed the Lightweight Automotive Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lightweight Automotive Materials Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Lightweight Automotive Materials Market Segment Percentages, by Type, 2022 (%)
Aluminum
HSS
Magnesium/Titanium
Engineering Plastics
High Performance Plastics
Rubber
Composites
Others
Global Lightweight Automotive Materials Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Lightweight Automotive Materials Market Segment Percentages, by Application, 2022 (%)
Body-in White
Chassis & Suspension
Powertrains
Interiors
Others
Global Lightweight Automotive Materials Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Lightweight Automotive Materials Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lightweight Automotive Materials revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Lightweight Automotive Materials revenues share in global market, 2022 (%)
Key companies Lightweight Automotive Materials sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Lightweight Automotive Materials sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF SE
ThyssenKrupp AG
Covestro AG
ArcelorMittal S.A
Lyondellbasell N.V
Novelis
SGL Carbon
Toray Industries
PPG Industries
Alcoa Inc
Owens Corning
Borealis
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lightweight Automotive Materials, market overview.
Chapter 2: Global Lightweight Automotive Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Lightweight Automotive Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lightweight Automotive Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lightweight Automotive Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
