Market Overview:
The global automotive frame lightweight material market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for fuel-efficient vehicles and stringent emission norms across the globe. The global automotive frame lightweight material market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into metals, plastics, rubber composites and others. Metals are further sub-segmented into aluminum alloys steel alloys titanium alloys magnesium alloys etc., while plastics are sub-segmented into polypropylene (PP), polyethylene terephthalate (PET), high density polyethylene (HDPE) etc. Rubber composites are further sub-segmented into natural rubber composites silicone rubber composites styrene butadiene rubber (SBR) etc., while others include carbon fiber reinforced plastic (CFRP), glass fiber reinforced plastic(GFRP)etc. On the basis of application,the global automotive frame lightweight materialmarketis segmentedin body-in white closure & suspension powertrain interiors & Others applications).
Product Definition:
A lightweight material used in the frame of an automotive vehicle. The use of a lightweight material in the frame reduces the weight of the vehicle, which improves fuel economy and performance.
Metals:
Metals are used in automotive components due to their properties such as high strength, corrosion resistance, and durability. The frame lightweight material market is expected to witness significant growth over the forecast period owing to the increasing demand for fuel-efficient vehicles with lower emissions.
The global metals demand was estimated at 4,ENA; however, it has been fluctuating widely and witnessed a decline of nearly -4% in 2016 compared to 2015.
Plastics:
Plastics are manmade materials that can be manufactured from a wide range of synthetic and natural compounds. Plastics have been around for more than 100 years but only recently has their usage increased significantly. The automotive industry is one of the largest consumers of plastics as they are lightweight, durable, and easy to mold making them ideal for vehicle manufacturing.
Application Insights:
The chassis and suspension segment accounted for the largest revenue share in 2017. This is attributed to the growing demand for lightweight materials in this application segment, which has a significant impact on overall vehicle dynamics and handling characteristics. In addition, increasing utilization of aluminum extrusion as a substitute for steel in various applications such as body-in-white, powertrain components and closure, chassis rails/frame rails is expected to drive product demand over the forecast period.
Body-in-white was estimated as the largest volume segment owing to its extensive utilization of plastic composites along with light weight metals such as magnesium & aluminum alloys. The use of these materials helps reduce overall vehicle weight while improving fuel efficiency at same time maintaining structural integrity required during crash tests conducted by regulatory authorities around the world including NHTSA (U.S.), IIHS (U.S.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period owing to increasing production and sales of vehicles in countries such as China, India, Japan, and South Korea. The growing population in these countries has led to an increase in demand for passenger cars and light commercial vehicles. This growth can be attributed to low manufacturing costs as compared to developed regions such as North America and Europe.
The Asia Pacific was followed by Europe which accounted for a revenue share of 24% in 2017 on account of high vehicle penetration rates coupled with stringent emission norms set by governments across European Union member states are expected drive product demand over the next eight years.
Growth Factors:
- Increasing demand for lightweight vehicles to improve fuel efficiency and reduce emissions
- Rising popularity of electric and hybrid vehicles, which require lighter frames for improved range
- Growing demand from the automotive aftermarket for replacement parts that are lighter and more durable
- Advances in materials science that lead to the development of new lightweight frame materials
- Increased use of composites in vehicle manufacturing, as they offer superior weight savings over traditional metals
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Frame Lightweight Material Market Research Report
By Type
Metals, Plastics, Rubber, Composites, Others
By Application
Body-in White, Chassis & Suspension, Powertrains and Closure, Interiors and Others
By Companies
BASF SE (Germany), ThyssenKrupp AG (Germany), Covestro AG (Germany), ArcelorMittal S.A. (Luxembourg), Lyondellbasell N.V. (U.S.), Novelis .Inc.,(U.S.), Toray Industries (Japan), PPG Industries, Inc (U.S.), Alcoa Inc., (U.S.), Owens Corning (U.S.), BASF SE (Germany)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Frame Lightweight Material Market Report Segments:
The global Automotive Frame Lightweight Material market is segmented on the basis of:
Types
Metals, Plastics, Rubber, Composites, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Body-in White, Chassis & Suspension, Powertrains and Closure, Interiors and Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE (Germany)
- ThyssenKrupp AG (Germany)
- Covestro AG (Germany)
- ArcelorMittal S.A. (Luxembourg)
- Lyondellbasell N.V. (U.S.)
- Novelis .Inc.,(U.S.)
- Toray Industries (Japan)
- PPG Industries, Inc (U.S.)
- Alcoa Inc., (U.S.)
- Owens Corning (U.S.)
- BASF SE (Germany)
Highlights of The Automotive Frame Lightweight Material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metals
- Plastics
- Rubber
- Composites
- Others
- By Application:
- Body-in White
- Chassis & Suspension
- Powertrains and Closure
- Interiors and Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Frame Lightweight Material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive frame lightweight material is a type of composite material that is used in the construction of automobiles and other vehicles. It is made up of a variety of materials, including plastic, metal, and composites. This type of material can help to reduce weight while still providing durability and strength.
Some of the major companies in the automotive frame lightweight material market are BASF SE (Germany), ThyssenKrupp AG (Germany), Covestro AG (Germany), ArcelorMittal S.A. (Luxembourg), Lyondellbasell N.V. (U.S.), Novelis .Inc.,(U.S.), Toray Industries (Japan), PPG Industries, Inc (U.S.), Alcoa Inc., (U.S.), Owens Corning (U.S.), BASF SE (Germany).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Frame Lightweight Material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Frame Lightweight Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Frame Lightweight Material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Frame Lightweight Material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Frame Lightweight Material Market Size & Forecast, 2020-2028
4.5.1 Automotive Frame Lightweight Material Market Size and Y-o-Y Growth
4.5.2 Automotive Frame Lightweight Material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metals
5.2.2 Plastics
5.2.3 Rubber
5.2.4 Composites
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Body-in White
6.2.2 Chassis & Suspension
6.2.3 Powertrains and Closure
6.2.4 Interiors and Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Frame Lightweight Material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Frame Lightweight Material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metals
9.6.2 Plastics
9.6.3 Rubber
9.6.4 Composites
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Body-in White
9.10.2 Chassis & Suspension
9.10.3 Powertrains and Closure
9.10.4 Interiors and Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metals
10.6.2 Plastics
10.6.3 Rubber
10.6.4 Composites
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Body-in White
10.10.2 Chassis & Suspension
10.10.3 Powertrains and Closure
10.10.4 Interiors and Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metals
11.6.2 Plastics
11.6.3 Rubber
11.6.4 Composites
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Body-in White
11.10.2 Chassis & Suspension
11.10.3 Powertrains and Closure
11.10.4 Interiors and Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metals
12.6.2 Plastics
12.6.3 Rubber
12.6.4 Composites
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Body-in White
12.10.2 Chassis & Suspension
12.10.3 Powertrains and Closure
12.10.4 Interiors and Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metals
13.6.2 Plastics
13.6.3 Rubber
13.6.4 Composites
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Body-in White
13.10.2 Chassis & Suspension
13.10.3 Powertrains and Closure
13.10.4 Interiors and Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Frame Lightweight Material Market: Competitive Dashboard
14.2 Global Automotive Frame Lightweight Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE (Germany)
14.3.2 ThyssenKrupp AG (Germany)
14.3.3 Covestro AG (Germany)
14.3.4 ArcelorMittal S.A. (Luxembourg)
14.3.5 Lyondellbasell N.V. (U.S.)
14.3.6 Novelis .Inc.,(U.S.)
14.3.7 Toray Industries (Japan)
14.3.8 PPG Industries, Inc (U.S.)
14.3.9 Alcoa Inc., (U.S.)
14.3.10 Owens Corning (U.S.)
14.3.11 BASF SE (Germany)
