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Automotive Lightweight Materials - Market Research Report | Growth Forecast 2025

A detailed overview of Automotive Lightweight Materials market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Automotive Lightweight Materials market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Rising demand for reducing greenhouse gas emissions along with surging production of electric vehicles will boost the industry outlook.

Automotive Lightweight Materials Market is likely to reach over USD 310 billion by 2026.

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- Vehicle electrification is providing prominent growth opportunities for lightweighting the vehicle structures

Automotive Lightweight Materials - Market Research Report | Growth Forecast 2025
Automotive Lightweight Materials - Market Research Report | Growth Forecast 2025

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/12646

Some major findings of the automotive lightweight materials market report include:

- Improved material formulations are playing a vital role in developing efficient battery and thermal management systems in electric vehicles

- Significant improvement in vehicle energy efficiency and CO2 emission targets will require potential weight reduction with efficient use of lightweight materials

- Surging penetration of extruded and rolled aluminum components is majorly contributing towards low emission mobility and improved vehicle performance

- Major OEM’s are undertaking collaborative initiatives in developing advanced material compositions to reach 2021 and 2025 emission targets

Increasing requirements for complying with fuel emissions norms to improve fuel efficiency is providing potential opportunities for vehicle weight reduction. According to U.S. Corporate Average Fuel Economy (CAFE) regulations, vehicle manufacturers are required to achieve higher economy of 54.5 mpg by 2025. Material substitution in vehicles is playing a vital role in boosting the fuel economy and reducing the secondary weight in load bearing structures. Increasing utilization of lightweight materials enables potential weight reductions and improvement in driving performance. However, risks pertaining with adoption of new materials in conjunction with supply chain volatility shall restrain the industry growth over the projected timeframe.

Lightweight materials including Ultra-High Strength Steel (UHSS) and Advanced High Strength Steel (AHSS) are gaining a higher visibility owing to their enhanced performance in crash energy management, lower manufacturing cost and superior strength. Moreover, higher bake hardening and work hardening capabilities are allowing improved formability and opportunities for optimization of complex part geometries. Significant improvements in material properties is achieved through multimaterial optimization and technologically advanced manufacturing processes. The performance characteristics of new lightweight materials are accurately monitored through new simulation techniques, further reducing the physical prototyping costs.

Vehicle manufacturers are introducing alternative fuel powertrains for complying with fuel emission standards. Lightweighting of electric vehicles majorly contributes toward improving their performance and driving range per charge. Proliferating production of electric vehicles mainly in China and Japan will propel the regional product demand over the forecast timeframe. Moreover, promotional government policies and incentive programs are accelerating the penetration electric vehicles. Multi-material design approaches incorporating advanced plastics and composites will augment the automotive lightweight materials market over the coming years.

The automotive lightweight materials market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD billion and volume in million tons from 2016 to 2026, for the following segments:

Automotive Lightweight materials Market, By Material

•Metal & alloys

oHigh strength steel

oAluminum

oMagnesium

•Plastics

oPolypropylene (PP)

oPolyurethane (PU)

oPolyvinyl chloride (PVC)

oABS

oPolycarbonate (PC)

oOthers

•Composites

oGlass fiber

oCarbon fiber

•Others

Automotive Lightweight materials Market, By Application

•BIW

•Chassis

•Powertrain

•Interior

•Exterior

•Others

Automotive Lightweight materials Market, By Manufacturing process

•Casting

•Extrusion

•Rolling

•Forging

•Forming

•Open molding

•Closed molding

Automotive Lightweight materials Market, By Vehicle

•ICEV

•BEV

•HEV

Major Highlights from Table of contents are listed below for quick lookup into Automotive Lightweight Materials Market report

Chapter 1. Methodology and Scope

  • Definitions & forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2. Executive Summary

  • Business trends of Automotive Lightweight Materials Market
  • Product trends
  • Application trends

Chapter 3. Automotive Lightweight Materials Industry Insights

  • Automotive Lightweight Materials Market Industry segmentation
  • Industry landscape
  • Analysis of Manufacturers in the Automotive Lightweight Materials industry
  • Distribution channel analysis
  • End-use landscape
  • Vendor matrix
  • Automotive Lightweight Materials Market Technology & innovation landscape
  • Industry impact forces
  • Automotive Lightweight Materials Market Growth drivers
  • Industry pitfalls & challenges
  • Key trends by Segments

Chapter 4. Company Profiles

  • Business Overview of Automotive Lightweight Materials Market Companies
  • Financial Data
  • Product Landscape
  • Strategic Outlook and Decisive Analysis of companies in Automotive Lightweight Materials Market
  • SWOT Analysis

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