The global automotive lightweight materials market is expected to grow from $69.7 billion in 2020 to $993 billion in 2025, with an annual average growth of 7% over the forecast period.
The main factors driving the growth of the Automotive Lightweight Materials market are strict rules and regulations regarding emissions and fuel economy, as well as an increase in government initiatives to reduce vehicle weight. It is also expected that the increasing demand for these materials in developing countries and the trend of vehicle electrification will provide significant growth opportunities for the automotive lightweight materials market in the near future.
A full report of Automotive Lightweight Materials Market is available at: https://www.orionmarketreports.com/automotive-lightweight-materials-market/24475/
Leading Players in Global Automotive Lightweight Materials Market
Automotive Lightweight Materials Market Key Segments:
By Material Type
• METALS
• COMPOSITES
• PLASTICS
• ELASTOMER
By Application
• Body in white
• Chassis and suspension
• Powertrain s
• Closures
• Interiors
• Others
By Component
• Frames
• Wheels
• Bumpers & fenders
• Engines & exhausts
• Fuel tanks
• Transmissions
• Doors
• Hood & trunk lid
• Seats
• Instrument panels
By Vehicle Type
• PC
• LCV
• HCV
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Automotive Lightweight Materials Market Report
• What was the Automotive Lightweight Materials Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Automotive Lightweight Materials Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Automotive Lightweight Materials Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
