Automotive Lightweight Materials Market
                     Automotive L
ightweight M
aGlobtal Aeutomrotivei Laightwleigsht Materials Market size is projected to be valued $41 Billion by 2024; with a CAGR of 9.2% from 2017 to 2025 . Mark
et
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Report 
Description
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.
The global automotive lightweight materials market is primarily driven by rising penetration of lightweight 
components, strict emission and fuel economy guidelines to increase the demand for lightweight materials in 
automotive industry, and increase in production of aircraft modules. Though, issues such as high cost of carbon 
fiber, and rapid fluctuations in raw material prices may hindrance the market growth. Moreover, rise in the demand 
for lightweight and fuel-efficient vehicles across the world, and ongoing R&D along with technological 
advancement in lightweight materials used in automotive is expected to generate various growth opportunities for 
the market in the coming years.
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Global Automotive 
Lightweight Materials 
Market 
Based on geography, the automotive lightweight materials market is segmented into North America, Europe, Asia-Pacific, and 
Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, 
Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-
Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The prominent players operating in the market are PPG Industries, Inc., BASF SE, Covestro AG, ArcelorMittal S.A., Novelis 
Inc., Toray Industries, Inc., ThyssenKrupp AG, LyondellBasell Industries N.V., Owens Corning, and Alcoa Inc., among others.
Based on geography, the automotive lightweight materials market is segmented into North America, Europe, Asia-Pacific, and 
Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, 
Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-
Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The prominent players operating in the market are PPG Industries, Inc., BASF SE, Covestro AG, ArcelorMittal S.A., Novelis 
Inc., Toray Industries, Inc., ThyssenKrupp AG, LyondellBasell Industries N.V., Owens Corning, and Alcoa Inc., among others.
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Global Automotive Lightweight 
Materials Market Regional Revenue 
%(2017 vs 2025) 
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The Report Covers
• The detailed analysis of Automotive Lightweight Materials Market with respect to key segments such 
as material type, and application has been included in the report
• The report comprises the qualitative and quantitative analysis of the market with market estimation over 
2016 – 2025 and CAGR between 2017 and 2025
• Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities 
will be provided in the report
• An exhaustive regional and country wise analysis of Automotive Lightweight Materials Market has been 
covered in the report
• Profile of the major key players operating in the Automotive Lightweight Materials Market will be provided, 
with detailed study on their key financials, product & services, new developments and business strategies
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Global Automotive 
Lightweight Materials 
Market 
Based on geography, the automotive lightweight materials market is segmented into North America, Europe, Asia-Pacific, and 
Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, 
Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-
Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The prominent players operating in the market are PPG Industries, Inc., BASF SE, Covestro AG, ArcelorMittal S.A., Novelis 
Inc., Toray Industries, Inc., ThyssenKrupp AG, LyondellBasell Industries N.V., Owens Corning, and Alcoa Inc., among others.
Based on geography, the automotive lightweight materials market is segmented into North America, Europe, Asia-Pacific, and 
Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of UK, 
Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-
Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The prominent players operating in the market are PPG Industries, Inc., BASF SE, Covestro AG, ArcelorMittal S.A., Novelis 
Inc., Toray Industries, Inc., ThyssenKrupp AG, LyondellBasell Industries N.V., Owens Corning, and Alcoa Inc., among others.
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Scope of the Global Automotive 
Lightweight Materials Market
Material Type Segments Application Segments
Metals • Structural
• Aluminium • Powertrain
• High Strength Steel (HSS) • Interior
• Other Metals • Exterior
• Others Applications
Plastics
• Carbon Fiber Reinforced Plastic (CFRP)
• Glass Fiber Reinforced Polymer (GFRP)
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Geography Segments
North America Asia-Pacific
• U.S. • China
• Canada
• •Mexico Japan
• India
Europe • South Korea
• UK • Others
• Germany RoW
• France • South America
• Others • Middle East
• Africa
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Global Automotive Lightweight Materials 
Market Primary Interviews, by Geography
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