DUBLIN–(BUSINESS WIRE)–The “Automotive Lightweight Materials – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
Automotive Lightweight Materials market worldwide is projected to grow by US$91.3 Billion, guided by a compounded growth of 11.4%.
Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments.
Metal, one of the segments analyzed and sized in this study, displays the potential to grow at over 11%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$137.5 Billion by the year 2025, Metal will bring in healthy gains adding significant momentum to global growth.
While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 9.7% growth momentum.
Within Europe, which continues to remain an important element in the world economy, Germany will add over US$3.5 Billion to the region’s size and clout in the next 5 to 6 years. Over US$5.8 Billion worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Metal will reach a market size of US$7.2 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 16.4% over the next couple of years and add approximately US$25.8 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Competitors identified in this market include, among others, Alcoa, Inc. (USA); ArcelorMittal SA (Luxembourg); BASF SE (Germany); Covestro AG (Germany); LyondellBasell Industries NV (The Netherlands); Novelis, Inc. (USA); Owens Corning (USA); PPG Industries, Inc. (USA); ThyssenKrupp AG (Germany); Toray Industries, Inc. (Japan).
Key Topics Covered
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Automotive Lightweight Materials Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- US Automotive Lightweight Materials Market Share (in %) by Company: 2019 & 2025
- Market Facts & Figures
- European Automotive Lightweight Materials Market: Competitor Market Share Scenario (in %) for 2019 & 2025
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/hjk55s