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Automotive Lightweight Materials Market By Material (HSS/AHSS (Advanced High-Strength Steel), Aluminum, Magnesium, Plastics, Thermosetting Composites), By Application (Interior, Exterior, Under Bonnet, Structural) – Growth, Future Prospects, And Competitive Analysis, 2017 – 2025

Summary
Table Of Content

Market Insights

Advanced materials play a vital role in boosting the fuel efficiency of new vehicles, along with ensuring high performance and safety. Lightweight vehicles require less energy during acceleration, increase vehicle efficiency, and deliver 6%–8% less fuel consumption than heavier vehicles. Substituting cast iron and steel components with lightweight materials such as advanced high-strength steel (AHSS), aluminum alloys, magnesium alloys, plastics, and thermosetting composites helps to reduce the overall weight of a vehicle’s chassis and body by 50%, which in turn helps to minimize the consumption of fuel.

The global automotive lightweight materials market is anticipated to grow at a CAGR of 13.1% during 2017–2025 due to government regulations on vehicles and emission standards. Growing emphasis on strict safety regulations is altering the trends in vehicle production, leading to an increase in the adoption of lightweight materials. All these factors contribute to the immense growth of the automotive lightweight materials market.

Aluminum and AHSS are the fastest-growing lightweight material segments. Manufacturers are adopting aluminum instead of traditional materials, which has led to a swift demand for aluminum in structural and exterior applications such as panels and closures. AHSS provides remarkable formability and strength and is used for frame and structure applications.

The report titled “Automotive Lightweight Materials Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the automotive lightweight material market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on material, application, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, trends, restraints, and opportunities. The report incorporates a separate section highlighting key trends in the overall automotive lightweight material market.

The report also includes profiles of the leading automotive lightweight material manufacturers, their business strategies, and key developments to assist strategic decision-makers.Some of the major players profiled in the report are Alcoa, Inc., BASF SE, Thyssenkrupp AG, Covestro AG, ArcelorMittal S.A., Lyondellbasell Industries N.V., Novelis, Inc., Toray Industries, Inc., PPG Industries, Inc., and Owens Corning. The section further includes a brief on key strategies adopted by the major players operating in the market.

Other in-depth analysis provided in the report includes:

Current and future market trends to justify the forthcoming attractive markets within the automotive lightweight materials market
Market drivers, market impediments, and their impact on market growth
in-depth competitive environment analysis
Trailing 2-year market size data (2015–2016)
SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the automotive lightweight materials market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

Based on the material type, the global automotive lightweight materials market is segmented as follows:

HSS (High-Strength Steel) or AHSS (Advanced High-Strength Steel)
Aluminum
Magnesium
Plastics
Thermosetting Composites

AHSS is an incumbent material in the automotive industry and had the largest share in the automotive lightweight materials market in 2016 due to its affordability, high performance, and recyclability. AHSS assists in reducing the structural weight of vehicles by approximately 25% and the new third generation of AHSS is expected to reduce it further to more than 35%. Aluminum is projected to be the fastest-growing segment in the forecast period. By 2025, aluminum is expected to encompass more than 24% of large cars, 22% of SUVs, 75% of pickup truck body parts, and 18% of minivan body and closure parts. This helps in achieving nearly 8.2% less energy consumption in the entire vehicle life cycle, along with a reduction of around 10.3% in CO2 emissions.

The automotive lightweight materials market is divided into the following applications:

Interior
Exterior
Under Bonnet
Structural

The structural application segment is the largest and is expected to continue to dominate the market during the forecast period. The structural segment consists of the chassis, body panels, and cross-members. As structural segments account for the highest percentage of the overall weight of the vehicle, automotive OEMs are focused on weight reduction and improving the strength of the vehicle by using lightweight materials. Aluminum is widely used in engine heat transfer under the hood. Engines accounted for more than 35% of aluminum in the automotive industry. The aluminum engine block significantly reduces the weight of the engine and assists the vehicle in obtaining a better power-to-weight ratio.

For the purpose of this study, the global automotive lightweight materials market is categorized into the following geographies and sub-geographies:

North America (U.S. and Canada)
Europe (France, Germany, Spain, Italy, and the Rest of Europe)
Asia Pacific (China, India, and the Rest of Asia Pacific)
Latin America (Brazil, Mexico, and the Rest of Latin America)
Middle East and Africa (including the Gulf Cooperation Council and the rest of the Middle East and Africa)

North America is the largest market for lightweight automotive materials. The North American government has implemented corporate average fuel economy (CAFE) standards for all light-duty vehicles manufactured, which is expected to increase demand for lightweight materials during the forecast period. During the forecast period, the market in North America is expected to grow at a rate greater than 5.5%. Europe is another lucrative market for lightweight automotive materials. The market for lightweight materials in the region is primarily driven by rising demand for fuel efficiency, low CO2 emissions, and government regulation. In the forecast period, Asia Pacific is projected to be the fastest-growing region for the automotive lightweight material market due to increasing demand for passenger cars and LCVs. India and China are the largest producers of cars for the major brands, which in turn drives the demand for automotive lightweight materials in Asia Pacific.

Chapter 1. Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2. Executive Summary
2.1 Overview of Automotive Lightweight Materials Market
2.2 Market Snapshot: Automotive Lightweight Materials Market
2.3 Automotive Lightweight Materials Market, by Material, 2016 (US$ Mn and Kilo Tons)
2.4 Automotive Lightweight Materials Market, by Application, 2016 (US$ Mn and Kilo Tons)
2.5 Automotive Lightweight Materials Market, by Geography, 2016 (US$ Mn and Kilo Tons)

Chapter 3. Global Automotive Lightweight Materials Market Overview
3.1 Dynamics
3.2 Market Drivers
3.2.1 Government Regulations on Fuel Economy and Emission Control
3.2.2 For a full, detailed list, view our report
3.3 Challenges
3.3.1 Automotive Lightweight Materials
3.3.2 For a full, detailed list, view our report
3.4 Future Prospects
3.4.1 Continuous Innovation in the Field of Lightweight Materials for Creating New Energy Efficient Vehicles
3.4.2 For a full, detailed list, view our report
3.5 Attractive Investment Proposition, by Geography
3.6 Porters Five Force Analysis
3.7 Competitive Landscape of Key Players in Automotive Lightweight Materials Market.

Chapter 4. Global Automotive Lightweight Materials Market, by Material, 2015-2025 (US$ Mn and Kilo Tons)
4.1 Overview
4.2 HSS/AHSS (Advanced High-Strength Steel)
4.3 Aluminum
4.4 Magnesium
4.5 Plastics
4.6 Thermosetting Composites
4.7 Others

Chapter 5. Global Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
5.1 Overview
5.2 Interior
5.3 Exterior
5.4 Under Bonnet
5.5 Structural

Chapter 6. Global Automotive Lightweight Materials Market, by Geography, 2015-2025 (US$ Mn and Kilo Tons)
6.1 Overview
6.2 North America
6.2.1 North America Automotive Lightweight Materials Market, by Material, 2015-2025 (US$ Mn and Kilo Tons)
6.2.2 North America Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.2.3 North America Automotive Lightweight Materials Market, by Country, 2015-2025 (US$ Mn and Kilo Tons)
6.2.3.1 U.S.
6.2.3.1.1 U.S. Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.2.3.1.2 U.S. Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.2.3.2 Canada
6.2.3.2.1 Canada Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.2.3.2.2 Canada Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.3 Europe
6.3.1 Europe Automotive Lightweight Materials Market, by Material, 2015-2025 (US$ Mn and Kilo Tons)
6.3.2 Europe Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.3.3 Europe Automotive Lightweight Materials Market, by Region, 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.1 France
6.3.3.1.1 France Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.1.2 France Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.2 Germany
6.3.3.2.1 Germany Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.2.2 Germany Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.3 Spain
6.3.3.3.1 Spain Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.3.2 Spain Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.4 Italy
6.3.3.4.1 Italy Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.4.2 Italy Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.5 UK
6.3.3.5.1 UK Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.5.2 UK Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.6 Rest of Europe
6.3.3.6.1 Rest of Europe Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.3.3.6.2 Rest of Europe Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.4 Asia Pacific
6.5.1 Asia Pacific Automotive Lightweight Materials Market, by Material, 2015-2025 (US$ Mn and Kilo Tons)
6.5.2 Asia Pacific Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3 Asia Pacific Automotive Lightweight Materials Market, by Country, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.1 China
6.5.3.1.1 China Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.1.2 China Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.2 India
6.5.3.2.1 India Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.2.2 India Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.3 Japan
6.5.3.3.1 Japan Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.3.2 Japan Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.4 Rest of Asia
6.5.3.4.1 Rest of Asia Pacific Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.4.2 Rest of Asia Pacific Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5 Latin America
6.5.1 Latin America Automotive Lightweight Materials Market, by Material, 2015-2025 (US$ Mn and Kilo Tons)
6.5.2 Latin America Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3 Latin America Automotive Lightweight Materials Market, by Country, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.1 Brazil
6.5.3.1.1 Brazil Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.1.2 Brazil Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.2 Mexico
6.5.3.2.1 Mexico Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.2.2 Mexico Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.5.3.3 Rest of Latin America
6.6.3.1.1 Rest of Latin America Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.6.3.1.2 Rest of Latin America Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.6 Middle East & Africa (MEA)
6.6.1 Middle East & Africa Automotive Lightweight Materials Market, by Material, 2015-2025 (US$ Mn and Kilo Tons)
6.6.2 Middle East & Africa Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.6.3 Middle East & Africa Automotive Lightweight Materials Market, by Region, 2015-2025 (US$ Mn and Kilo Tons)
6.6.3.1 Saudi Arabia
6.6.3.1.1 Saudi Arabia Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.6.3.1.2 Saudi Arabia Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)
6.6.3.2 Rest of Middle East & Africa
6.6.3.2.1 Rest of Middle East & Africa Automotive Lightweight Materials Market, by Material; 2015-2025 (US$ Mn and Kilo Tons)
6.6.3.2.2 Rest of Middle East & Africa Automotive Lightweight Materials Market, by Application, 2015-2025 (US$ Mn and Kilo Tons)

Chapter 7. Company Profiles
7.1 Alcoa, Inc.
7.2 BASF SE
7.3 Thyssenkrupp AG
7.4 Covestro AG
7.5 Arcelormittal S.A.
7.6 Lyondellbasell Industries N.V.
7.7 Novelis, Inc.
7.8 Toray Industries, Inc.
7.9 PPG Industries, Inc.
7.10 Owens Corning

List of Figures

FIG. 1 Global Automotive Lightweight Materials Market: Research Methodology
FIG. 2 Global Automotive Lightweight Materials Market, by HSS/AHSS, 2016 (US$ Mn and Kilo Tons)
FIG. 3 Global Automotive Lightweight Materials Market, by Aluminum, 2016 (US$ Mn and Kilo Tons)
FIG. 4 Global Automotive Lightweight Materials Market, by Magnesium, 2016 (US$ Mn and Kilo Tons)
FIG. 5 Global Automotive Lightweight Materials Market, by Plastics, 2016 (US$ Mn and Kilo Tons)
FIG. 6 Global Automotive Lightweight Materials Market, by Thermosetting Composites, 2016 (US$ Mn and Kilo Tons)
FIG. 7 Global Automotive Lightweight Materials Market, by Other Material, 2016 (US$ Mn and Kilo Tons)
FIG. 8 Global Automotive Lightweight Materials Market, by Interior Application, 2016 (US$ Mn and Kilo Tons)
FIG. 9 Global Automotive Lightweight Materials Market, by Exterior Application, 2016 (US$ Mn and Kilo Tons)
FIG. 10 Global Automotive Lightweight Materials Market, by Under Bonnet Application, 2016 (US$ Mn and Kilo Tons)
FIG. 11 Global Automotive Lightweight Materials Market, by Structural Application, 2016 (US$ Mn and Kilo Tons)
FIG. 12 Attractive Investment Proposition, by Geography, 2016

List of Tables

Table. 1 Market Snapshot: Automotive Lightweight Materials Market
Table. 2 North America Automotive Lightweight Materials Market Volume, by Material, 2015-2025 (Kilo Tons)
Table. 3 North America Automotive Lightweight Materials Market Revenue, by Material, 2015-2025 (US$ Mn)
Table. 4 North America Automotive Lightweight Materials Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 5 North America Automotive Lightweight Materials Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 6 North America Automotive Lightweight Materials Market Volume, by Country, 2015-2025 (Kilo Tons)
Table. 7 North America Automotive Lightweight Materials Market Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 8 U.S. Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 9 U.S. Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 10 Canada Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 11 Canada Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 12 Europe Automotive Lightweight Materials Market Volume, by Material, 2015-2025 (Kilo Tons)
Table. 13 Europe Automotive Lightweight Materials Market Revenue, by Material, 2015-2025 (US$ Mn)
Table. 14 Europe Automotive Lightweight Materials Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 15 Europe Automotive Lightweight Materials Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 16 Europe Automotive Lightweight Materials Market Volume, by Region, 2015-2025 (Kilo Tons)
Table. 17 Europe Automotive Lightweight Materials Market Revenue, by Region, 2015 -2025 (US$ Mn)
Table. 18 France Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 19 France Automotive Lightweight Materials Market Revenue, 2015-2025 (US$ Mn)
Table. 20 Germany Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 21 Germany Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 22 Spain Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 23 Spain Automotive Lightweight Materials Market Revenue, 2015-2025 (US$ Mn)
Table. 24 Italy Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 25 Italy Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 26 U.K. Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 27 U.K. Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 28 Asia Pacific Automotive Lightweight Materials Market Volume, by Material, 2015-2025 (Kilo Tons)
Table. 29 Asia Pacific Automotive Lightweight Materials Market Revenue, by Material, 2015-2025 (US$ Mn)
Table. 30 Asia Pacific Automotive Lightweight Materials Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 31 Asia Pacific Automotive Lightweight Materials Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 32 Asia Pacific Automotive Lightweight Materials Market Volume, by Country, 2015-2025 (Kilo Tons)
Table. 33 Asia Pacific Automotive Lightweight Materials Market Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 34 China Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 35 China Automotive Lightweight Materials Market Revenue, 2015-2025 (US$ Mn)
Table. 36 India Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 37 India Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 38 Japan Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 39 Japan Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 40 Latin America Automotive Lightweight Materials Market Volume, by Material, 2015-2025 (Kilo Tons)
Table. 41 Latin America Automotive Lightweight Materials Market Revenue, by Material, 2015-2025 (US$ Mn)
Table. 42 Latin America Automotive Lightweight Materials Market Volume, by Product From, 2015-2025 (Kilo Tons)
Table. 43 Latin America Automotive Lightweight Materials Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 44 Latin America Automotive Lightweight Materials Market Volume, by Country, 2015-2025 (Kilo Tons)
Table. 45 Latin America Automotive Lightweight Materials Market Revenue, by Country, 2015 -2025 (US$ Mn)
Table. 46 Brazil Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 47 Brazil Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 48 Mexico Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 49 Mexico Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 50 MEA Automotive Lightweight Materials Market Volume, by Material, 2015-2025 (Kilo Tons)
Table. 51 MEA Automotive Lightweight Materials Market Revenue, by Material, 2015-2025 (US$ Mn)
Table. 52 MEA Automotive Lightweight Materials Market Volume, by Application, 2015-2025 (Kilo Tons)
Table. 53 MEA Automotive Lightweight Materials Market Revenue, by Application, 2015-2025 (US$ Mn)
Table. 54 MEA Automotive Lightweight Materials Market Volume, by Region, 2015-2025 (Kilo Tons)
Table. 55 MEA Automotive Lightweight Materials Market Revenue, by Region, 2015 -2025 (US$ Mn)
Table. 56 Saudi Arabia Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 57 Saudi Arabia Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 58 South Africa Automotive Lightweight Materials Market Volume, 2015-2025 (Kilo Tons)
Table. 59 South Africa Automotive Lightweight Materials Market Revenue, 2015 -2025 (US$ Mn)
Table. 60 Alcoa Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 61 BASF SE: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 62 Thyssenkrupp AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 63 Covestro AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 64 Arcelormittal S.A.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 65 Lyondellbasell Industries N.V.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 66 Novelis, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 67 Toray Industries, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 68 PPG Industries, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)
Table. 69 Owens Corning: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies)

Frequently Asked Questions:

What is the size of Automotive Lightweight Materials Market?

The market for Automotive Lightweight Materials Market is expected to reach US$ 180.9 Bn By 2025.

What is the Automotive Lightweight Materials Market CAGR?

The Automotive Lightweight Materials Market is expected to see significant CAGR growth over the coming years, at 13.1%.

What is the Forecast period considered for Automotive Lightweight Materials Market?

The report is forecasted from 2017-2025.

What is the base year considered for Automotive Lightweight Materials Market?

The base year of this report is 2016.

Who are the major players in this market?

Alcoa, Inc., BASF SE, Thyssenkrupp AG, Covestro AG, ArcelorMittal S.A., Lyondellbasell Industries N.V., Novelis, Inc., Toray Industries, Inc., PPG Industries, Inc. are some of the major players in the global market.

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