The global Automotive Lightweight Materials market was valued at US$ 123180 million in 2022 and is projected to reach US$ 171950 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
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This report aims to provide a comprehensive presentation of the global market for Automotive Lightweight 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 Automotive Lightweight Materials. This report contains market size and forecasts of Automotive Lightweight Materials in global, including the following market information:
Global Automotive Lightweight Materials Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Lightweight Materials Market Sales, 2018-2023, 2024-2029, (Tons)
Global top five Automotive Lightweight Materials companies in 2022 (%)
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 Automotive Lightweight 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 Automotive Lightweight Materials Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Automotive Lightweight Materials Market Segment Percentages, by Type, 2022 (%)
Aluminum Alloys
Magnesium Alloys
High Strength Steels
Engineering Plastics
Composites and Others
Global Automotive Lightweight Materials Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Automotive Lightweight Materials Market Segment Percentages, by Application, 2022 (%)
Body-in White
Chassis & Suspension
Powertrains and Closure
Interiors and Others
Global Automotive Lightweight Materials Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Automotive Lightweight 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 Automotive Lightweight Materials revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Lightweight Materials revenues share in global market, 2022 (%)
Key companies Automotive Lightweight Materials sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Automotive Lightweight Materials sales share in global market, 2022 (%)
key players include:
BASF
Thyssenkrupp
Covestro
Arcelormittal
Lyondellbasell
Novelis
Toray
Alcoa
Owens Corning
Borealis
SGL Carbon
DSM
SABIC
SAAB
Constellium
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Lightweight Materials, market overview.
Chapter 2: Global Automotive Lightweight Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Lightweight 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 Automotive Lightweight 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 Automotive Lightweight 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.
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Table of content
1 Introduction to Research & Analysis Reports1.1 Automotive Lightweight Materials Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Automotive Lightweight Materials Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Automotive Lightweight Materials Overall Market Size2.1 Global Automotive Lightweight Materials Market Size: 2022 VS 20292.2 Global Automotive Lightweight Materials Revenue, Prospects & Forecasts: 2018-20292.3 Global Automotive Lightweight Materials Sales: 2018-20293 Company Landscape3.1 Top Automotive Lightweight Materials Players in Global Market3.2 Top Global Automotive Lightweight Materials Companies Ranked by Revenue3.3 Global Automotive Lightweight Materials Revenue by Companies3.4 Global Automotive Lightweight Materials Sales by Companies3.5 Global Automotive Lightweight Materials Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Automotive Lightweight Materials Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Automotive Lightweight Materials Product Type3.8 Tier 1, Tier 2 and Tier 3 Automotive Lightweight Materials Players in Global Market3.8.1 List of Global Tier 1 Automotive
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