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Global Automotive Lightweight Materials Market 2016-2020

Global Automotive Lightweight Materials Market 2016-2020

About Automotive Lightweight Materials

Automotive lightweight materials are of lower density than traditional automotive materials, such as iron and steel. The lightweight materials have a wide range of applications in automobiles because they not only help to reduce the weight of the vehicles, but also aid in providing enhanced automotive safety and fuel efficiency. The common lightweight materials used in the market are high-strength steel (HSS), aluminum, magnesium, plastics, carbon fiber, glass fiber, and composites, such as metal and ceramic matrices. These materials are light weight and have high strength that adds to the suitability of these products.

Technavio’s analysts forecast the global automotive lightweight materials market to grow at a CAGR of 8.57% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive lightweight materials market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of lightweight materials to original equipment manufacturers (OEMs) and automotive manufacturers.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
Technavio's report, Global Automotive Lightweight Materials Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alcoa
  • ArcelorMittal
  • BASF
  • Toray Industries
  • US Magnesium
Other prominent vendors
  • Akzo Nobel
  • Aleris
  • AMG Advanced Metallurgical Group
  • Borealis
  • Constellium
  • Covestro
  • Dead Sea Magnesium
  • Dow Chemical
  • Henkel
  • Johnson Controls
  • KOBELCO
  • LyondellBasell Industries
  • Magna International
  • Norsk Hydro
  • Novelis
  • Owens Corning
  • POSCO
  • PPG
  • SABIC
  • Teijin
  • ThyssenKrupp
  • UACJ
  • Biosensors International
Market driver
  • Increase in automotive regulatory requirements
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating raw material prices and high cost of automotive lightweight materials
  • For a full, detailed list, view our report
Market trend
  • Innovation and focus on use of lightweight materials in new energy vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Lightweight Materials Market 2016-2020

Technavio recognizes the following companies as the key players in the global automotive lightweight materials market: Alcoa, ArcelorMittal, BASF, Toray Industries, and US Magnesium

Other Prominent Vendors in the market are: Akzo Nobel, Aleris, AMG, Borealis, Constellium, Covestro, Dead Sea Magnesium, Dow Chemical, Henkel, Johnson Controls, KOBELCO, LyondellBasell Industries, Magna, Norsk Hydro, Novelis, Owens Corning, POSCO, PPG, SABIC, Teijin, ThyssenKrupp, and UACJ

Commenting on the report, an analyst from Technavio’s team said: “The use of electronics and software is a growing trend in the automotive sector. Only a decade ago, cars had very few electronic applications and had a simple interface, but now, automobiles have advanced electrical systems, such as telematics and in-car entertainment systems. They are used in areas such as engine electronics, transmission systems, chassis systems, passenger safety and comfort systems, driver assistance, energy efficiency, and infotainment systems (navigation system, vehicle audio, and information access).”

According to the report, the number of laws and regulation regarding the reduction of emission of carbon dioxide from the automobiles is on the rise. The Kyoto protocol restricts the emission of carbon dioxide and other greenhouse gasses into the atmosphere. With the emission norms becoming stricter every passing day, there is a rise in demand for the lightweight materials. The application of lightweight materials in automobile components can help to achieve the necessary emission requirements and also increase the vehicular efficiency. The reduction vehicular weight is highly necessary, and there is a range of new lightweight materials that can be considered for the automotive components. Replacing heavy iron and steel with weight-saving materials, such as aluminum, magnesium, HSS, advanced composites, and polymers, is the need of the day.

Further, the report states that raw materials are the biggest cost driver in the automotive industry and consists of 47% of the cost of a vehicle. The fluctuating prices of the automotive raw materials is a topic of concern for the automakers, as well as OEMs. The raw materials, such as crude oil, ores of lightweight metals, and advanced composites are highly fluctuating due to the global production and utilization scenarios. The price of Brent crude oil started reducing from a peak price of $110.45 per barrel in 2014 and was recorded to be $30.65 per barrel in 2015.



Companies Mentioned

Alcoa, ArcelorMittal, BASF, Toray Industries, US Magnesium, Akzo Nobel, Aleris, AMG, Borealis, Constellium, Covestro, Dead Sea Magnesium, Dow Chemical, Henkel, Johnson Controls, KOBELCO, LyondellBasell Industries, Magna, Norsk Hydro, Novelis, Owens Corning, POSCO, PPG, SABIC, Teijin, ThyssenKrupp, UACJ.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global automotive lightweight materials market
      • Table Segmentation of global automotive lightweight materials market by product type
      • Table Segmentation of global automotive lightweight materials market by application
      • Table Segmentation of global automotive lightweight materials market by geography
    • Top-vendor offerings
      • Table Product offerings by top vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
      • Table Introduction of lightweight materials in automotive sector by year
  • Market landscape
    • Global automotive lightweight materials market
      • Table Global automotive lightweight materials market 2015-2020 ($ billions)
    • Global customer base concentration
      • Table Global Automotive lightweight materials market: Concentration of customer base by region.
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global automotive lightweight materials market by application
      • Table Global automotive lightweight materials market segmentation by application 2015
      • Table Global automotive lightweight materials market segmentation by application 2020
    • Global automotive lightweight materials market by applications
      • Table YoY market share of global automotive lightweight materials by applications
    • Global automotive lightweight materials market for structural components
      • Table Global automotive lightweight materials market for structural components 2015- 2020 ($ billions)
    • Global automotive lightweight materials market for interior components
      • Table Global automotive lightweight materials market for interior components 2015-2020 ($ billions)
    • Global automotive lightweight materials market for exterior components
      • Table Global automotive lightweight materials market for exterior components 2015-2020 ($ billions)
    • Global automotive lightweight materials market for powertrain components
      • Table Global automotive lightweight materials market for powertrain components 2015-2020 ($ billions)
    • Global automotive lightweight materials market for other components
      • Table Global automotive lightweight materials market for other components 2015-2020 ($ billions)
  • Market segmentation by product type
    • Global automotive lightweight materials market by product type
      • Table Global automotive lightweight materials market segmentation by product type 2015
      • Table Global automotive lightweight materials market segmentation by product type 2020
    • Global automotive lightweight materials market by product type
      • Table YoY market share of global automotive lightweight materials by product type
      • Table Types of automotive lightweight metals
      • Table Types of automotive lightweight composites
      • Table Types of automotive lightweight plastics
    • Global automotive lightweight metals market
      • Table Global automotive lightweight metals market 2015-2020 ($ billions)
    • Global automotive lightweight plastics market
      • Table Global automotive lightweight plastics market 2015-2020($ billions)
    • Global automotive lightweight composites market
      • Table Global automotive lightweight composites market 2015-2020 ($ billions)
  • Geographical segmentation
    • Global automotive lightweight materials market segmentation by geography
      • Table Global automotive lightweight materials market segmentation by geography 2015
      • Table Global automotive lightweight materials market segmentation by geography 2020
    • Global automotive lightweight materials market by geography
      • Table YoY market share of global automotive lightweight materials by geography
    • Automotive lightweight materials market in APAC
      • Table Automotive lightweight materials market in APAC 2015-2020 ($ billions)
    • Automotive lightweight materials market in Europe
      • Table Automotive lightweight materials market in Europe 2015-2020 ($ billions)
    • Automotive lightweight materials market in North America
      • Table Automotive lightweight materials market in North America 2015-2020 ($ billions)
    • Automotive lightweight materials market in ROW
      • Table Automotive lightweight materials market in ROW 2015-2020 ($ billions)
  • Key leading countries
    • Table Key leading countries in automotive lightweight materials market
    • Table Automobile production statistics 2015
  • Market drivers
    • Increase in automotive regulatory requirements
    • Growing demand for fuel-efficient and green vehicles
    • Introduction of innovative lightweight materials
    • Fast expansion of OEMs and automotive industry in APAC
  • Impact of drivers
    • Table Impact of drivers on automotive lightweight material product types
  • Market challenges
    • Fluctuating raw material prices and high cost of automotive lightweight materials
    • High cost involved in designing of vehicles and R&D for new materials
    • Limitations in recyclability of automotive lightweight materials
    • Issues with crashworthiness and safety
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increased use of electronics in automobiles
    • Innovation and focus on use of lightweight materials in new energy vehicles
    • Change in business strategies of OEMs and automotive vendors
  • Vendor landscape
    • Competitive scenario
    • Recent developments in automotive lightweight materials
      • Table Recent developments
    • Other prominent vendors
    • Alcoa
      • Table Alcoa: Business segmentation by revenue 2015
      • Table Alcoa: Geographical segmentation by revenue 2015
    • ArcelorMittal
      • Table ArcelorMittal: Business product segmentation by revenue 2015
      • Table ArcelorMittal: Geographical segmentation by revenue 2015
    • BASF
      • Table Business segmentation by revenue 2015
      • Table BASF: Geographical segmentation by revenue 2015
    • Toray Industries
      • Table Toray: Business segmentation by revenue 2015
      • Table Toray: Geographical segmentation by revenue 2015
    • US Magnesium
      • Table US Magnesium: Business segmentation by products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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