Global automotive lightweight materials market size is expected to reach $170.71 Bn by 2028 at a rate of 8.8%, segmented as by material type, metals, composites, plastics, elastomer
Europe Automotive Lightweight Materials Market Size is witness steady growth by 2026. Road transport sector in Europe is under increasing pressure to reduce its greenhouse gas emission which has reached closed to 0.8 gigaton CO2eq, 18% of the total greenhouse gas emission in 2017. Various nations in Europe are working on meeting decarbonization targets set by European Commission. Automobile industry in Europe is currently following two different approaches; improving fuel efficiency of automotive and finding alternative energy sources. Both these parameters benefit immensely from reduction of vehicle weight, this will increase distance travelled by the vehicle per unit of energy.
APAC Automotive Lightweight Materials Market Size is to witness steady growth by 2026. The market is driven by the rising investments for developing lightweight and cost efficient automotive. The growing need for reducing overall weight of automobile can be attributed towards minimizing fuel consumption per liter. Consumer awareness regarding lowering CO2 and other greenhouse emission has surged the need for developing hybrid and electric vehicles. Moreover, rising inflow of foreign investments in the region will positively contribute towards industry expansion.
North America automotive rubber hoses are utilized in passenger cars, light commercial vehicles, special purpose vehicles, heavy commercial vehicles and two wheelers. Automotive rubber hoses are used as air conditioning hoses, turbocharger hoses, engine heating, cooling and radiator hoses, transmission hoses, lubrication hoses, fuel hoses and brake hoses. Automotive rubber hoses are easily available at original equipment manufacturers and in aftermarkets.
Global Automotive Lightweight Materials Market is estimated to reach $169.6 billion by 2024; growing at a CAGR of 12.5% from 2016 to 2024. The lightweight materials are the mixture of metal-alloys and composites.
Our presentation highlighted the critical role of sustainable materials in driving growth and ensuring environmental sustainability within the Indian automotive industry.
Increasing concerns regarding the reduction of carbon footprint could have a positive impact on automotive lightweight materials market growth. Stringent emission standards and limitations set by various governments on pollutants including CO2 would encourage automakers to incorporate lighter automotive materials that improve vehicle fuel efficiency.
TechNavio's analysts forecast the Global Automotive Lightweight Materials market to grow at a CAGR of 14.47 percent over the period 2013-2018. One of the key factors contributing to this market growth is the stringent laws and regulations pertaining to the environment. The Global Automotive Lightweight Materials market has also been witnessing the increasing use of high-strength plastics. However, the volatile prices of raw materials could pose a challenge to the growth of this market. Detailed report at: http://www.reportsandintelligence.com/global-automotive-lightweight-materials-2014-2018-market
Bharatbook.com announces a new report on "Lightweight Automotive Materials", Demand for lightweight automotive materials in the North American (NA) light vehicle market is anticipated to reach 22 billion pounds in 2018, valued at more than $30 billion.
global automotive lightweight materials market by the business research company is segmented as metals, composites, plastics, elastomer https://bit.ly/3m22ejv
Global Automotive Lightweight Materials Market size is projected to be valued $41 Billion by 2024; with a CAGR of 9.2% from 2017 to 2025. The lightweight materials are used to decrease the weight of aircrafts, automotive, and windmills without affecting the strength and proficiency of the structure. They are mixture of metal-alloys and composites and have high strength to weight ratio, greater design flexibility, and exceptional corrosion resistance. They find extensive applications in several industries such as aerospace and automobile, among others. The market poses huge opportunities in passenger cars, light commercial vehicles, and heavy commercial vehicles.
Global Automotive Lightweight Materials Market size is estimated to grow at a double digit CAGR in the projected period due to increasing demand for improving safety and performance in vehicles along with enhancing fuel economy. Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/3315
The Growth In Lightweight Materials Markets Is Driven By An Increase In The Piercing Of Lightweight Components Which Is To Drive The Market At A CAGR Of More Than 6.5%
The lightweight materials are the mixture of metal-alloys and composites. They are used to decrease the weight of aircrafts, automotive, and windmills without affecting the strength and proficiency of the structure.
The global automotive lightweight material market size is accounted to grow at a CAGR of around 7% during the forecast period 2021 to 2027. The increasing demand for weight reduction for vehicle performance is a primary factor to drive the market growth. The increasing demand to enhance strength, improved control, and fuel efficiency for automotive are some other factors to boost the market. Furthermore, stringent government regulation regarding emission control is projected to increase the demand for lightweight materials for manufacturers. Carbon fiber is a material used by global automotive manufacturers to reduce vehicle weight while maintaining strength. However, high raw material costs and complex manufacturing processes are some factors to restrain the market growth.
Lightweight Materials Market is analyzed in terms of volume (KT) and value ($million) by the aforementioned classifications and also by key regions and major countries in each region.
The latest report by Precision Business Insights, titled “Lightweight Materials Market” covers complete information on market size, share, growth, trends, segment analysis, key players, drivers, and restraints. Lightweight Materials Market size was valued at USD 173.3 billion in 2022 and is expected to grow at a significant CAGR of 4.7% during the forecast period 2023 to 2029. Get a sample of the report @ https://www.precisionbusinessinsights.com/request-sample/?product_id=37982 Major Key Players operating in the market are, SABIC Aleris International Formosa Plastics Group PPG Industries Inc. Toray Industries Inc. Teijin Limited Mitsubishi Rayon Co. Ltd. SGL Group Hexcel Corporation Cytec Industries Jushi Group Co. Ltd Titanium Metals Corporation ALCOA Inc. Novelis Inc.
Automotive lightweight material market will registergrowth rate of 7.20% for the forecast period of 2020 to 2027.Increasing trend of vehicle electrification is expected to enhance the market growth.
Castings are an essential component of trendy cars due to their critical role in the automotive industry and the several benefits they provide. Castings are critical to the automotive industry, which cannot exist overstated.
Competitive developments of top players in the market have been discussed in detail. The leading players of the industries are ArcelorMittal S.A. (Luxembourg), Alcoa Inc. (U.S.), Saudi Basic Industries Corporation (Saudi Arabia), PPG Industries, Inc. (U.S.), Toray Industries, Inc. (Japan), and others
The global lightweight materials market in terms of value is estimated to witness a growth at a CAGR of 7.0% between 2017 and 2023. https://www.bharatbook.com/materials-chemicals-market-research-reports-644570/global-lightweight-materials-analysis.html
According to the latest research report by IMARC Group, The global automotive plastics market size reached US$ 40.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 53.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028. More Info:- https://www.imarcgroup.com/automotive-plastics-market
According to the latest research report by IMARC Group, The global OLED materials market size reached US$ 24.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 128.1 Billion by 2032, exhibiting a growth rate (CAGR) of 19.6% during 2024-2032. More Info:- https://www.imarcgroup.com/oled-materials-market
According to the latest research report by IMARC Group, The global automotive axle & propeller shaft market size reached US$ 80.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 154.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.4% during 2024-2032. More Info:- https://www.imarcgroup.com/automotive-axle-propeller-shaft-market
For more information kindly visit : https://www.bharatbook.com/metals-minerals-market-research-reports-767536/aluminum-automotive-global.html Bharat Book Bureau provides the report, on “Global Aluminum Market for Automotive Industry". These are structural automotive models consisting of bumpers and other attachments connected to a longitudinal beam of the car to absorb maximum collision force during accidents.
Silicon metal is a key raw material used in several industries, including construction, automotive, electronics, and solar energy. It is primarily used as an alloying agent in the production of aluminum alloys, steel, and cast iron. Silicon metal also finds extensive application in the production of silicones, polysilicon, and semiconductors. The increasing demand for lightweight materials in the automotive and construction industries is driving the growth of the silicon metal market.
To know more : http://www.bharatbook.com/market-research-reports/automotive-components-market-research-report/global-automotive-aluminum-wheels-industry-2012-20161.html Analysts forecast the Global Automotive Aluminium Wheels industry to grow at a CAGR of 8.48 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The Global Automotive Aluminium Wheels industry has also been witnessing an increasing manufacturing of wheels in the APAC region. However, the availability of other lightweight wheel material could pose a challenge to the growth of this market.
Europe Automotive Casting Market To Hit USD 28 Bn By 2027. Europe automotive casting market size is set to grow at an appreciable rate because of the rising need among automakers to reduce the overall weight of vehicles. Some of the most reputed automotive companies have their manufacturing plants in Europe and automobile manufacturers use lighter materials for casting processes to produce high-quality components.
According to the latest research report by IMARC Group, The global OLED materials market size reached US$ 20.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 73.3 Billion by 2028, exhibiting a growth rate (CAGR) of 22.2% during 2023-2028. More Info:- https://www.imarcgroup.com/oled-materials-market
The report provides a complete roadmap for setting up an automotive control cables manufacturing plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc.
The report provides a complete roadmap for setting up an Automotive Brake Linings Manufacturing Plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc.
North America Automotive Heat Shield Market is Projected to Record CAGR of 3.3% by 2026. High sales of luxury vehicles and stringent regulations placed by the authorities will expand North America automotive heatshield market size over the coming years. When a vehicle generates excess heat and its systems are unable to control the same, then the automobile begins to underperform and ends up using excess fuel. The excessive heat and fuel emissions are quite harmful for the environment, leading to increased production and installation of heatshields in vehicles.
Global revenue from the steel segment for automotive chromium finishing solutions is expected to hit a 2.5% CAGR through the next few years. This can be owed to the increasing preference for this metal in comparison to others. It has been estimated that an average passenger car that weighs up to 1.4 tons makes use of over 75% of the steel products.
The Global Automotive Rubber Hoses Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Automotive Rubber Hoses industry... To know, more click on the link below: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/global-automotive-rubber-hoses-industry-situation-and-prospects-research-report/145671-100.html
More Information @ http://bit.ly/2jfY6uN Automotive Exterior Materials Market size will witness a significant growth owing to need for better aerodynamics designs in order to improve fuel efficiency and reduce overall weight.
According to the study Asia Automotive Rubber Hoses Industry Situation And Prospects Research Report, automotive hoses are made of synthetic materials such as heavy duty plastics and the composites are costlier than hoses made of rubber, encouraging the consumers to opt for alternatives such as automotive rubber hoses. The stringent emission norms and regulations implemented in Asia are the major factors encouraging the manufacturers to build durable rubber hoses. To know, more click on the link below https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/asia-automotive-rubber-hoses-industry-situation-and-prospects-research-report/145681-100.html
Polyphenylene Sulfide (PPS) is a high-performance polymer known for its excellent chemical resistance and heat resistance, making it suitable for a wide range of applications. It is extensively used in the automotive industry for various components such as fuel systems, engine parts, and electrical connectors. PPS is also used in electrical and electronics, filter bags, coatings, and aerospace applications.
Specialty polymers are high-performance materials that possess unique properties and characteristics, making them suitable for various applications across industries such as automotive, electronics, healthcare, and packaging. These polymers are designed to meet specific performance requirements, such as heat resistance, chemical resistance, durability, and flexibility.
North American Automotive Headliners Market size is anticipated to exceed USD 2.8 billion by 2026, according to a latest forecast report by Graphical Research. The increasing production of automobiles and the rising focus on weight reduction along with carbon footprint alleviation are some of the key factors estimated to drive the automotive headliners market growth. North America produced over 12.8 million motor vehicles in 2019 and the U.S. was the major producer with 10.9 million vehicles.
The automotive NVH materials market was valued at $7.7 billion in 2017 and is estimated to reach $12.6 billion by 2024. This market is also expected to observe a CAGR of 7.3% during the forecast period. Increasing shifting trend of consumers towards comfortable and eco-friendly cars there are several automobile manufacturers who have steadily started utilizing natural constituents such as soya and sugarcane for the enlargement of bio-based polyurethane.
More Information @ https://bit.ly/3e9r9vl automotive NVH materials market is categorized into polypropylene, rubber, polyamide, polyurethane, and polyvinyl chloride. Among these, rubber materials are anticipated to record exponential growth
Wheel is defined as a circular object which enables a vehicle or any other object to move easily. They revolve in an axle and the material used in the wheel is hard and durable. Good wheel provide stability and traction to the vehicle.
Automotive Plastics Market: By Type (Polypropylene, Polyurethane, PVC, Acrylonitrile-Butadiene-Styrene (ABS), Polyamide, Polycarbonate, Polymethyl Methacrylate and Others), By Application (Interior, Exterior, Under the hood, Powertrain, Drivetrain, Instruments Panel, Electronics, Others), and By Region - Global Forecast Till 2023
Goldstein Research analyst forecast that the global biopolymer packaging market size is set to reach USD 259.6 billion by 2024 growing at a CAGR of 6.6% over the forecast years. To get more details read our report: https://www.goldsteinresearch.com/report/global-lightweight-material-market
Automotive Plastics Market: By Type (Polypropylene, Polyurethane, PVC, Acrylonitrile-Butadiene-Styrene (ABS), Polyamide, Polycarbonate, Polymethyl Methacrylate and Others), By Application (Interior, Exterior, Under the hood, Powertrain, Drivetrain, Instruments Panel, Electronics, Others), and By Region - Global Forecast Till 2023