Automotive Lightweight Materials Market

Automotive lightweight materials are of lower density than traditional automotive materials, such as iron and steel. The lightweight materials have a wide range of applications in automobiles because they not only help to reduce the weight of the vehicles, but also aid in providing enhanced automotive safety and fuel efficiency.

Automotive Lightweight Materials Market contains market size and forecasts of Automotive Lightweight Materials in global, including the following market information:

Global Automotive Lightweight Materials Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Lightweight Materials Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Automotive Lightweight Materials companies in 2021 (%)

The global Automotive Lightweight Materials market was valued at 77550 million in 2021 and is projected to reach US$ 117500 million by 2028, at a CAGR of 6.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Metals Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Lightweight Materials include BASF, Thyssenkrupp, Covestro, Arcelormittal, Lyondellbasell, Novelis, Toray, PPG and Alcoa, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Lightweight Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Lightweight Materials Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Lightweight Materials Market Segment Percentages, by Type, 2021 (%)

Metals

Plastics

Rubber

Composites

Global Automotive Lightweight Materials Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Lightweight Materials Market Segment Percentages, by Application, 2021 (%)

Body-in White

Chassis & Suspension

Powertrains and Closure

Interiors and Others

Global Automotive Lightweight Materials Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Lightweight Materials Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Lightweight Materials revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Lightweight Materials revenues share in global market, 2021 (%)

Key companies Automotive Lightweight Materials sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Automotive Lightweight Materials sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

BASF

Thyssenkrupp

Covestro

Arcelormittal

Lyondellbasell

Novelis

Toray

PPG

Alcoa

Owens Corning

Stratasys

Borealis

SGL Carbon