Automotive Lightweight Materials Market is anticipated to grow at a CAGR of 4.7% during 2020-2025

Market-Research

The global automotive lightweight materials market is projected to reach $103.1 billion by 2025, at a CAGR of 4.7% during 2020-2025. The growth of automotive lightweight materials market is driven by government regulations on the fuel economy and emission controls, increasing stringent safety regulations, high vehicle production, increasing use of lightweight materials, increasing gasoline prices and fuel economy, and replacement of traditional materials.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the automotive lightweight materials market by material type (aluminum, AHSS, magnesium, plastics, and composites), vehicle type (passenger cars, light commercial vehicle, and heavy commercial vehicle), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the automotive lightweight materials market?

Q.4 What are some changing demands of customers in the automotive lightweight materials market?

Q.5 What are the new developments in the automotive lightweight materials market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive lightweight materials area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive lightweight materials market?

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Market Segmentation:

Based on material type, the automotive lightweight materials market is segmented into aluminum, AHSS, magnesium, plastics, and composites. The aluminum segment accounted for the largest share of the market in 2020.

Key Players in the automotive lightweight materialss market are ArcelorMittal SA, Bayer MaterialScience AG, ThyssenKrupp AG, Alcoa Inc., and Novelis Inc.

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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

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About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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