Automotive Frame Lightweight Material Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Construction and Manufacturing | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC672

Introduction

Advanced material plays an important role in improving the fuel proficiency of new vehicles along with confirming high safety and performance. Light weight automobiles necessitate less energy in speeding up and surging vehicle’s efficacy compared to heavy vehicles and delivers lesser fuel consumption. Substituting cast steel and iron constituents with lightweight materials such as magnesium alloys, aluminum alloys, plastics, thermosetting composites and advanced high-strength steel (AHSS) help to decrease the complete heaviness of automobile's chassis.

Market Dynamics

Growing demand for less polluting vehicles and fuel efficient automobiles, stringent emission regulations are some of the major factors driving growth of this market. However, strength of the material is neglected at the time of manufacturing which can restraint growth of this market. Growth in sales of electric automobiles is expected to boost the market growth in near future. In addition, acceptances of automotive frame lightweight material in different vehicle types are also expected to propel growth of this market.

Market Classification

The market can be bifurcated on the basis of material type, application, component, vehicle type and geography. By material type, automotive frame lightweight material market can be segmented into metals, plastics, rubber, composites. Metals are further classified into aluminum, HSS and magnesium/titanium. Also, plastics are further classified into engineering plastics and high performance plastics. By application, automotive frame lightweight material market can be categorized into body-in white, chassis & suspension, powertrains and closure, interiors and others. By component, automotive frame lightweight material market can be segmented into frame, wheels, bumpers and fenders, engine and exhaust, doors and hoods and trunk lids. By vehicle type, automotive frame lightweight material market can be classified into ICE and EV. On the basis of geography, the automotive frame lightweight material market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Automotive Frame Lightweight Material Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Material Type, Application, Component, Vehicle Type, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players involved in automotive frame lightweight material market include BASF SE, ThyssenKrupp AG, Covestro AG, ArcelorMittal S.A., Lyondellbasell Industries N.V., Novelis Inc., Toray Industries Inc., PPG Industries, Inc, Alcoa Inc., and Owens Corning among others.

Market Segmentation

Market By Material Type

  • Metals
    • Aluminum
    • HSS
    • Magnesium/Titanium
  • Plastics
    • Engineering Plastics
    • High Performance Plastics
  • Rubber
  • Composites

Market By Application

  • Body-in White
  • Chassis & Suspension
  • Powertrains and Closure
  • Interiors
  • Others

Market By Component

  • Frame
  • Wheels
  • Bumpers and Fenders
  • Engine and Exhaust
  • Doors
  • Hoods and Trunk lids

Market By Vehicle Type

  • ICE
  • EV

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


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