Opportunities for the Automotive Lightweight Materials Market in the United States


Posted October 6, 2020 by hiteshchawra

Opportunities for the Automotive Lightweight Materials Market in the United States

 
"According to a new country report published by Lucintel, the future of the automotive lightweight materials market in the United States looks promising with opportunities in passenger cars, light commercial vehicles, and heavy commercial vehicles. The automotive lightweight materials market in the United States is primarily driven by government regulations concerning fuel economy and emissions, and increasing utilization of lightweight materials by manufacturers.

This report studies factors affecting the automotive lightweight materials market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that the AHSS, aluminum and composites material segments will show above average growth during the forecast period. Passenger car, light commercial vehicle, and heavy commercial vehicle are the major vehicle segments of the global automotive lightweight materials market. The passenger car segment is expected to show above average growth during the forecast period due to the increasing penetration of lightweight materials per vehicle.

Emerging trends, which have a direct impact on the dynamics of the automotive lightweight materials industry, include increasing use of aluminum in chassis and structural applications, advanced manufacturing technology, development of aluminum-air battery, third generation AHSS, and pre-oxidation to galvanize AHSS, development of recycling technologies for plastics and replacement of PA 66 with cheaper and advanced PA 6.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive lightweight materials market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive Lightweight Materials Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive lightweight materials market in the United States by material type, vehicle type, and application, as follows:

Automotive Lightweight Materials Market by Material Type ($ Million and million pounds from 2014 to 2025)
• AHSS
• Aluminum
• Magnesium
• Plastics
• Composites

Automotive Lightweight Materials Market by Vehicle Type ($ Million and million pounds from 2014 to 2025)
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Automotive Lightweight Materials Market by Application ($ Million and million pounds from 2014 to 2025)
• BIW
• Powertrain
• Interior
• Exterior
• Others

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-automotive-lightweight-materials.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Issued By Hitesh
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Categories Aerospace , Architecture , Blogging
Last Updated October 6, 2020