Automotive Lightweight Material Market Size- By Material Type, By Propulsion Type, By Component, By Application, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Introduction and Overview

According to SPER Market Research, 'Automotive Lightweight Material Market Size- By Material Type, By Propulsion Type, By Component, By Application, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Automotive Lightweight Material Market is predicted to reach USD 168.19 billion by 2033 with a CAGR of 7.9%.

Materials with a high strength to weight ratio, significant design flexibility, and corrosion resistant qualities are considered automotive lightweight materials. In order to reduce the vehicle's overall weight and ultimately improve fuel economy, lightweight materials are necessary. Additionally, it offers superior operating performance. Major Original Equipment Manufacturers (OEMs) use materials including polymer composites, plastics, magnesium, titanium, and steel in their cars to lower their overall weight.

Furthermore, the COVID-19 epidemic has brought about a worldwide halt to commerce, which has had an impact on sales and production in a number of industries, including the market for lightweight automobile materials. One major end usage for these materials is in automotive applications. Production of lightweight automotive materials has been impacted by global lockdowns and disrupted supply chains that have hampered industrial activity.

Scope of the Report

Report Metric Details:

Market size available for years: 2019-2033

Base year considered: 2022

Forecast period: 2023-2033

Segments covered: By Material Type, By Propulsion Type, By Component, By Application, By Vehicle Type

Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered: Alcoa Corporation, ArcelorMittal, BASF SE, Bayer AG, Covestro AG, Grupo Antolin, LyondellBasell, Magna International, Novelis, Owens Corning Corporation, PPG Industries, Saudi Arabia Basic Industries Corporation (SABIC), Toray Industries, Others

Market Segmentation

By Material Type: Based on the Material Type, Global Automotive Lightweight Material Market is segmented as; Composite (Carbon Fiber Reinforced Polymer, Glass Fiber Reinforced Polymer, Natural Fiber Reinforced Polymer, Other Composites), Elastomer, Metal (Aluminum, High Strength Steel, Magnesium & Titanium), Plastic, Other.

By Component: Based on the Component, Global Automotive Lightweight Material Market is segmented as; Bumper & Fender, Door and Seat, Engine & Exhaust, Frame, Fuel Tank, Hood & Trunk Lid, Instrument Panel, Seats, Transmission, Wheel, Others.

By Application: Based on the Application, Global Automotive Lightweight Material Market is segmented as; Body in White, Chassis and Suspension, Closures, Exterior, Interiors, Powertrain, Structural, Others.

Product Code: AMIN23177

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Automotive Lightweight Material Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Automotive Lightweight Material Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Lightweight Material Market

7. Global Automotive Lightweight Material Market, By Material Type (USD Million)

7.1. Global Automotive Lightweight Material Market Value Share and Forecast, By Material Type, 2023-2033
7.2. Composite
- 7.2.1. Carbon Fiber Reinforced Polymer (CFPR)
- 7.2.2. Glass Fiber Reinforced Polymer (GFRP)
- 7.2.3. Natural Fiber Reinforced Polymer (NFRP)
- 7.2.4. Other Composites
7.3. Elastomer
7.4. Metal
- 7.4.1. Aluminum
- 7.4.2. High Strength Steel (HSS)
- 7.4.3. Magnesium & Titanium
7.5. Plastic
7.6. Other

8. Global Automotive Lightweight Material Market, By Propulsion Type (USD Million)

8.1. Global Automotive Lightweight Material Market Value Share and Forecast, By Propulsion Type, 2023-2033
8.2. Electric Powered
8.3. IC Engine Powered
8.4. Others

9. Global Automotive Lightweight Material Market, By Component (USD Million)

9.1. Global Automotive Lightweight Material Market Value Share and Forecast, By Component, 2023-2033
9.2. Bumper & Fender
9.3. Door and Seat
9.4. Engine & Exhaust
9.5. Frame
9.6. Fuel Tank
9.7. Hood & Trunk Lid
9.8. Instrument Panel
9.9. Seats
9.10. Transmission
9.11. Wheel
9.12. Others

10. Global Automotive Lightweight Material Market, By Application (USD Million)

10.1. Global Automotive Lightweight Material Market Value Share and Forecast, By Application, 2023-2033
10.2. Body in White
10.3. Chassis and Suspension
10.4. Closures
10.5. Exterior
10.6. Interiors
10.7. Powertrain
10.8. Structural
10.9. Others

11. Global Automotive Lightweight Material Market, By Vehicle Type (USD Million)

11.1. Global Automotive Lightweight Material Market Value Share and Forecast, By Vehicle Type, 2023-2033
11.2. Heavy Commercial Vehicle (HCV)
11.3. Light Commercial Vehicle (LCV)
11.4. Passenger Vehicle

12. Global Automotive Lightweight Material Market Forecast, 2019-2033 (USD Million)

12.1. Global Automotive Lightweight Material Market Size and Market Share

13. Global Automotive Lightweight Material Market, By Material Type, 2019-2033 (USD Million)

13.1. Global Automotive Lightweight Material Market Size and Market Share By Material Type (2019-2026)
13.2. Global Automotive Lightweight Material Market Size and Market Share By Material Type (2027-2033)

14. Global Automotive Lightweight Material Market, By Propulsion Type, 2019-2033 (USD Million)

14.1. Global Automotive Lightweight Material Market Size and Market Share By Propulsion Type (2019-2026)
14.2. Global Automotive Lightweight Material Market Size and Market Share By Propulsion Type (2027-2033)

15. Global Automotive Lightweight Material Market, By Component, 2019-2033 (USD Million)

15.1. Global Automotive Lightweight Material Market Size and Market Share By Component (2019-2026)
15.2. Global Automotive Lightweight Material Market Size and Market Share By Component (2027-2033)

16. Global Automotive Lightweight Material Market, By Application, 2019-2033 (USD Million)

16.1. Global Automotive Lightweight Material Market Size and Market Share By Application (2019-2026)
16.2. Global Automotive Lightweight Material Market Size and Market Share By Application (2027-2033)

17. Global Automotive Lightweight Material Market, By Vehicle Type, 2019-2033 (USD Million)

17.1. Global Automotive Lightweight Material Market Size and Market Share By Vehicle Type (2019-2026)
17.2. Global Automotive Lightweight Material Market Size and Market Share By Vehicle Type (2027-2033)

18. Global Automotive Lightweight Material Market, By Region, 2019-2033 (USD Million)

18.1. Global Automotive Lightweight Material Market Size and Market Share By Region (2019-2026)
18.2. Global Automotive Lightweight Material Market Size and Market Share By Region (2027-2033)
18.3. Asia-Pacific
- 18.3.1. Australia
- 18.3.2. China
- 18.3.3. India
- 18.3.4. Japan
- 18.3.5. South Korea
- 18.3.6. Rest of Asia-Pacific
18.4. Europe
- 18.4.1. France
- 18.4.2. Germany
- 18.4.3. Italy
- 18.4.4. Spain
- 18.4.5. United Kingdom
- 18.4.6. Rest of Europe
18.5. Middle East and Africa
- 18.5.1. Kingdom of Saudi Arabia
- 18.5.2. United Arab Emirates
- 18.5.3. Rest of Middle East & Africa
18.6. North America
- 18.6.1. Canada
- 18.6.2. Mexico
- 18.6.3. United States
18.7. Latin America
- 18.7.1. Argentina
- 18.7.2. Brazil
- 18.7.3. Rest of Latin America

19. Company Profile

19.1. Alcoa Corporation
- 19.1.1. Company details
- 19.1.2. Financial outlook
- 19.1.3. Product summary
- 19.1.4. Recent developments
19.2. ArcelorMittal
- 19.2.1. Company details
- 19.2.2. Financial outlook
- 19.2.3. Product summary
- 19.2.4. Recent developments
19.3. BASF SE
- 19.3.1. Company details
- 19.3.2. Financial outlook
- 19.3.3. Product summary
- 19.3.4. Recent developments
19.4. Bayer AG
- 19.4.1. Company details
- 19.4.2. Financial outlook
- 19.4.3. Product summary
- 19.4.4. Recent developments
19.5. Covestro AG
- 19.5.1. Company details
- 19.5.2. Financial outlook
- 19.5.3. Product summary
- 19.5.4. Recent developments
19.6. Grupo Antolin
- 19.6.1. Company details
- 19.6.2. Financial outlook
- 19.6.3. Product summary
- 19.6.4. Recent developments
19.7. LyondellBasell
- 19.7.1. Company details
- 19.7.2. Financial outlook
- 19.7.3. Product summary
- 19.7.4. Recent developments
19.8. Magna International
- 19.8.1. Company details
- 19.8.2. Financial outlook
- 19.8.3. Product summary
- 19.8.4. Recent developments
19.9. Novelis
- 19.9.1. Company details
- 19.9.2. Financial outlook
- 19.9.3. Product summary
- 19.9.4. Recent developments
19.10. Owens Corning Corporation
- 19.10.1. Company details
- 19.10.2. Financial outlook
- 19.10.3. Product summary
- 19.10.4. Recent developments
19.11. PPG Industries
- 19.11.1. Company details
- 19.11.2. Financial outlook
- 19.11.3. Product summary
- 19.11.4. Recent developments
19.12. Saudi Arabia Basic Industries Corporation (SABIC)
- 19.12.1. Company details
- 19.12.2. Financial outlook
- 19.12.3. Product summary
- 19.12.4. Recent developments
19.13. Toray Industries
- 19.13.1. Company details
- 19.13.2. Financial outlook
- 19.13.3. Product summary
- 19.13.4. Recent developments
19.14. Others