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Automotive Lightweight Material Market 2019
Automotive Lightweight Material Share, Size, Trends, And Business Opportunity Analysis Report
2019 include historic data, with forecast data to 2022. Automotive Lightweight Material report
is helpful for future strategy development, and to know about Market Drivers, Restraints,
Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022
Global Automotive Lightweight Material Market Information Report by Material (Metal,
Rubber, Plastic and Others), By Application (Interior, Exterior, Structural and Others), By Vehicle
Type (Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Vehicles and Others)
and By Region - Global Forecast To 2022
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Market Scenario
Automotive lightweight materials are the materials used in automobiles for reducing the weight
and increasing the speed and fuel efficiency of the automotive. These lightweight materials are
good for building the frame of vehicles due to advantages provided by them such as less
material consumption, low corrosion rate, enhanced strength and improved handling.
One of the key drivers for the growth of automotive lightweight material market is the increase
in fuel efficiency achieved by the use of lightweight materials in the automotive. The
emergence of strict regulations by the government for the control of carbon dioxide emissions,
is leading to the increased adoption of lightweight materials for use in automobiles, thereby
driving the growth of the market. However, the growth of this market is expected to be
restrained by higher pricing of lightweight materials in automobiles such as carbon fibres and
others.
The Key Players of Automotive Lightweight Material Market Are:
Alcoa Inc., (U.S.), Toray Industries Inc.(Japan), ArcelorMittal S.A. (Luxembourg), ThyssenKrupp
AG (Germany), BASF SE (Germany), PPG Industries, Inc (U.S.), Covestro AG (Germany), Owens
Corning (U.S.), Lyondellbasell N.V. (U.S.), Novelis .Inc.,(U.S.) and others.
Automotive Lightweight Material Market – Segmentation
The Global Automotive Lightweight Material Market is segmented in to 4 key dynamics for the
convenience of the report and enhanced understanding;
Segmentation by Material: Comprises Metal, Rubber, Plastic and Others.