Automotive Lightweighting Market

Automotive Lightweighting Market by Material (Metals, Composites, Plastics, Elastomers), Application & Component (Frame, Engine, Exhaust, Transmission, Closure, Interior), Vehicle (ICE, Electric, Micro-mobility & UAVs) and Region - Global Forecast to 2027

Report Code: AT 3364 Jan, 2023, by marketsandmarkets.com

[352 Pages Report] The automotive lightweighting market is projected to grow from USD 73.9 billion in 2022 to USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The base year for the report is 2021, and the forecast period is from 2022 to 2027. The market would witness growth owing to driving factors such as the increased weight due to the addition of comfort, safety features, and emission control devices to comply with the stringent emission, safety, and fuel consumption regulations globally.

Automotive Lightweighting Market

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Market Dynamics

DRIVER: Advancing manufacturing methods and technologies to drive the demand for lightweight materials

The automotive industry has traditionally used several manufacturing methods to produce various components and parts. Generally, hot-forming and cold-forming manufacturing technologies have been used for panel and body part productions. These manufacturing methods were limited to conventional materials such as some grades of steel, aluminum, and other similar metals. Furthermore, some manufacturing technologies were unsuitable for producing complicated panel shapes and designs.

With the increasing need for vehicles with new-age designs and features, conventional manufacturing methods are being replaced with advanced manufacturing technologies. Some of these technologies include additive manufacturing, resin transfer molding, micro injection molding and others. The key advantages for incorporating such advanced manufacturing methods were the ability to manufacture new materials that are relatively light in weight and stronger.

Furthermore, these advanced manufacturing technologies are designed to operate with minimal or no material wastage. For instance, additive manufacturing technology involves relatively least material wastage. It is a subtractive process in most conventional manufacturing methods, resulting in relatively higher material wastage. This manufacturing technology has greatly driven the growth of carbon fiber material, which has one of the highest weight-to-strength ratios. The technology is also compatible with other lightweight materials, including various grades of plastics, composites, and metals. For instance, BMW (Germany) has demonstrated its additive manufacturing capabilities in the 2020 model i8 Roadster sports car.

Such new processes and technologies greatly aid the automotive industry in meeting the increasing demand for lightweight. With the help of these advanced manufacturing systems, many leading OEMs are developing vehicles that are relatively more fuel efficient and perform better. In some cases, these advanced manufacturing technologies have aided the substitution of materials, resulting in weight and cost reduction.

RESTRAINT: Difficulty in joining dissimilar materials

Mixed Material Design (MMD) has greatly enabled automotive lightweighting by designing components and parts with two different materials. However, because of the difficulty in the welding or joining process of two dissimilar materials, it isn't easy to utilize the advantages of the MMD fully. This is mainly because of different materials' physical properties, densities, and welding temperatures. The proper joining of these two materials is essential for the structural integrity and strength of the parts. It is a major safety concern if joining any critical components fails. For instance, there is a high difference in most of the properties between aluminum and steel, which can have adverse aftereffects, including corrosion, thermal expansion, and others. To overcome this, many OEMs use special adhesives and rivets to join two dissimilar metals. However, proper welding or other stronger joining methods are in development.

The complete incorporation of MMD can greatly aid in many automotive applications. For instance, the inner shell of the vehicle, such as the door and other panel skins, can be made using the lightest materials, and a relatively stronger material can be used to reinforce them. This can greatly reduce the weight without compromising the structural strength of the application. This can also aid in the new design of the crumble zones with MMD in the same structure and reduce the number of cross members in the monocoque chassis. This MMD can also be incorporated to control the NVH levels in the vehicle by using selective materials with higher noise absorption properties.

OPPORTUNITY: The development of advanced and affordable electric and autonomous vehicles

The increasing trend of electrification in the automotive industry is mainly due to the global demand for sustainable mobility and the increasing emission regulations. Many leading automotive players, such as Volkswagen (Germany), Tesla Motors (US), Ford (US), General Motors(US), Toyota (Japan), and others, have ventured into the electric vehicle segment. Electric vehicles are relatively more efficient than conventional ICE vehicles. Along with the increase in the sales of electric vehicles, the battery range has become one of the primary buying criteria for customers. However, the battery cost is one of the major costs associated with the manufacturing of an EV. The batteries are also one the heaviest components in an EV, with around 30-40% of the vehicle's curb weight. With such a demand for vehicles with longer ranges, incorporating larger batteries is not a feasible option as it increases the cost and weight of the vehicles and also reduces the usable space. This increase in the vehicle weight further compensates for the vehicle's performance and battery range. For these reasons, the OEMs prefer automotive lightweight in electric vehicles, resulting in a relatively longer battery range with the same battery capacity.

Furthermore, the autonomous vehicles market is also gradually developing. A few surveys suggest that around 90 percent of these autonomous vehicles will be shared and only around 10% of them will be personal vehicles. This sharing of the vehicle demands good space for occupying more passengers comfortably. Smaller batteries can be used when such shared autonomous vehicles are incorporated with lightweighting, which can greatly result in more space for increased passenger occupancy. For all these reasons, the OEMs widely incorporate various lightweighting materials in developing their electric and autonomous vehicles. For instance, in 2022, Tesla Motors (US) incorporated automotive lightweighting in their Tesla Model Y Long Range (LR) and Performance variants. Earlier, both of these variants weighed around 2003 kg. But there was a significant weight reduction in the LR variant with a reduction of 24 Kgs. Furthermore, with the rapidly growing electric vehicle market, such incorporation of automotive lightweighting by the OEMs, more affordable electric vehicles with increased driving range can be expected.

CHALLENGE: Supply chain difficulties and the high cost of lightweight materials challenge the incorporation in mid-range cars and commercial vehicles

Incorporating advanced lightweight materials to reduce the vehicle's overall weight is a relatively more viable option. However, some of these materials are not widely available around the world. This involves various supply chain difficulties and the costs that are associated with it. For instance, magnesium is one of the key materials used in the automotive industry for various applications. Some automotive components generally made using magnesium include steering column bracket, steering wheel frame, cylinder head cover, gearbox body, intake housings and manifolds, wheels, and so on.

Globally, China is the largest producer of magnesium, and it satisfies around 90-95% of the magnesium needed for various European industries. For instance, the lightweight wheels of the Porsche 911 GT2 RS (Germany) and Lamborghini Huracán STO (Italy) were made using magnesium alloys. A small disruption in the supply chain, such as COVID-19 and the Suez Canal blockage, greatly impacts the price and automotive production. In such situations, incorporating lightweight materials becomes difficult in different parts of the world. These challenges are not only limited to procurement but also the recycling of these materials or components. With the increasing demand for sustainable mobility, a part made of advanced or composite lightweighting materials such as carbon fiber or mixed materials is relatively more difficult to recycle.

The manufacturing cost of automotive components made of advanced lightweight materials is higher than conventional materials. For instance, aluminum is about three times more expensive than steel, and according to World AutoSteel, the automotive production cost is 60% more when materials such as aluminum are used. Similarly, component manufacturing with materials such as titanium and magnesium costs more than that with aluminum. For these reasons, the automakers are limiting the incorporation of such lightweight materials in entry and mid-range passenger and commercial vehicles.

Frames are expected to dominate the automotive lightweighting market during the forecast period

The frames segment is expected to dominate the automotive lightweighting market during the forecast period. The frame is one of the most significant components of an automobile that gives strength and stability to a vehicle under different conditions, with the body of an engine and axle assemblies fixed to it. The frame of a vehicle is conventionally made of steel and contribute to a major share in the weight of a vehicle. The OEMs incorporate various advanced lightweighting materials, including high-strength steel, aluminum, and composites. For instance, the 2018 Audi A8 was introduced with a lightweight frame that was made using lightweighting High strength steel, magnesium, and carbon fiber composites. Reducing the weight of the frame in heavy vehicles is not feasible since it will reduce the load-bearing capacity of the vehicle. Composites are used to construct frames for high-performance sports cars and electric vehicles like the BMW i3 and i8. Such incorporation of lightweighting in frames to reduce the weight and increase the structural strength of the vehicles, is expected to drive the market growth further.

The metals segment will dominate the electric & hybrid vehicle lightweight market during the forecast period

It is expected that the metals segment will dominate the electric & hybrid vehicle lightweight market during the forecast period. This is mainly because of the incorporation of lightweight metals in the body structures and chassis of electric vehicles. Three kinds of materials are extensively used in the electric & hybrid vehicle lightweight market—high strength steel (HSS), aluminum, and magnesium & titanium. These materials are relatively lighter and stronger than steel. These metals are generally incorporated in the body structures, powertrain, suspension, and other vehicle components. Furthermore, since the battery contributes to most of the overall weight of the electric vehicle, it is essential to incorporate advanced lightweighting in the body structure to ensure safety and reduce weight effectively. This incorporation of automotive lightweighting by the EV OEMs such as Tesla (US) using lightweight aluminum in its Model Y, X, and S, is expected to drive the market's growth.

Automotive Lightweighting Market Size, and Share

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Asia Pacific is projected to dominate the Automotive lightweighting market by 2027

According to MarketsandMarkets analysis and validations from primary respondents, Asia Pacific is estimated to be the largest market for small passenger cars, backed by strong demand in the automotive industry. The growth of the passenger car segment will positively influence the automotive lightweighting market in the region. The region also has the presence of many of the major global automotive manufacturers. For instance, Volkswagen Group (Germany), Mercedes (Germany), Ford (US), Renault (France), and others have already set up manufacturing units in these countries. Furthermore, the increasing demand for fuel-efficient vehicles to comply with stringent emission norms will drive the automotive lightweighting market. The automotive lightweighting market, by region, is expected to grow in the Asia Pacific region rapidly. This is mainly because of the strong demand in the automotive industry in countries including China, India, and others. Some of the other key driving factors are the increasing demand for fuel-efficient and less emitting vehicles in this region. Furthermore, the availability and affordability of raw materials in countries such as China, is a key driving factor for the rapid growth of the market in this region.

Key Market Players & Start-ups

The automotive lightweighting market is led by globally established players such as BASF SE (Germany), Covestro AG (Germany), LyondellBasell Industries Holdings B.V. (Netherlands), Toray Industries, Inc. (Japan), ArcelorMittal (Germany), Thyssenkrupp AG (Germany), Novelis, Inc. (US), Alcoa Corporation (US), Owens Corning (US), and Stratasys Ltd. (US). These companies adopted expansion strategies and undertook collaborations, partnerships, and mergers & acquisitions to gain traction in the high-growth automotive lightweighting market.

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Scope of the Report

Report Attribute

Details

Base year for estimation

2021

Forecast period

2022 - 2027

Market Growth and Revenue forecast 

USD 101.5 billion by 2027 and CAGR of 6.5%

Top Players

BASF SE (Germany), COVESTRO AG (Germany), LyondellBasell Industries Holdings B.V.  (Netherlands), Toray Industries, Inc.  (Japan), and ArcelorMittal (Germany).

Fastest Growing Market

Asia Pacific

Largest Market

Asia Pacific

Segments covered

 

By Material

Metal (HSS, aluminum, magnesium & titanium), Composite (CFRP, GFRP, NFRP, Others), Plastic (PC, ABS, PA, PP, PU, & Others) and Elastomer (EPDM, NR, SBR & Other)

By Application

Body in White, Chassis and Suspension, Powertrains, Closures, Interiors, Others

By Components

Frames, Wheels, Bumpers & Fenders, Engines & Exhausts, Transmission, Doors, Hood & Trunk Lids, Seats, Instrument Panels, Fuel Tanks

By Vehicle Type

Passenger Vehicles, Light Commercial Vehicles, Trucks, Buses

Electric & Hybrid Vehicle Type

BEV, PHEV, FCEV, Truck, Bus

Electric Vehicle, by Material Type

Metal, Aluminum, Composites (CFRP, GFRP, NFRP & Others), Plastic, Elastomer

UAV, By Material Type

Aluminum, Composites (CFRP, GFRP), Plastics, Others

Micro mobility By Material Type

Aluminium, Composites (Carbon Fiber), Plastics and Others

By Region

Asia Pacific, Europe, North America, And Rest of The World

Additional Customization to be offered

Automotive lightweighting market, By Application And Vehicle Type

The study categorizes the automotive lightweighting market based on material, application, components, vehicle type, electric & hybrid vehicle type,  electric vehicle, by material type, UAV by material type, micro-mobility by material type, and region at regional and global levels.

By Material
  • Metal
  • Composite
  • Plastic
  • Elastomer
  • Others
By Application
  • Body in White
  • Chassis and Suspension
  • Powertrains
  • Closures
  • Interiors
  • Others
By Components
  • Frames
  • Wheels
  • Bumpers & Fenders
  • Engines & Exhausts
  • Transmission
  • Doors
  • Hood & Trunk Lids
  • Seats
  • Instrument Panels
  • Fuel Tanks
By Vehicle Type
  • Passenger Vehicles
  • Light Commercial Vehicles
  • Trucks
  • Buses
Electric & Hybrid Vehicle Typ
  • BEV
  • PHEV
  • FCEV
  • Truck
  • Bus
Electric Vehicle, by Material Type
  • Metal
  • Aluminum
  • Composites
  • Plastic
  • Elastomer
UAV, By Material Type
  • Aluminum
  • Composites
  • Plastics
  • Others
Micro mobility By Material Type
  • Aluminium
  • Composites
  • Plastics
  • Others
By Region
  • Asia Pacific,
  • Europe,
  • North America, and
  • Rest of The World

Recent Developments

  • In October 2022, Lyondellbasell Industries Holdings B.V. developed a PP compound made up of PP compound material which has reduced the weight of the vehicle by 10kg. It will help in foaming of parts, reducing the density of the material, thin walling of parts, can become a substitute to metal and eliminates the paint for cars.
  • In August 2022, Toray Industries, Inc., has launched its 3D printer which can produce automotive parts, power tools and other equipment’s which are heat resistance, high strength, and has good precision in designing.
  • In May 2022, BASF SE developed the Ultradur® B4335G3 HR for the protection for sensitive electronic devices which are exposed to extreme challenging surroundings. For example, protecting sensors when exposed to different climatic condition, surface contact to water and salt.
  • In June 2021, Covestro developed a new composite technology named as “Continuous Fiber-Reinforced Thermoplastic Polymers” (CFRTP) which is light in weight and robust in structure, reducing fuel consumption of the cars, emission gas, and obeys UN goals for developing sustainable material.
  • In April 2020, ArcelorMittal has introduced new S-in solution for battery electrical vehicles providing advanced high strength steel for BIW and battery packs which are lightweight, safety, cost, and sustainable.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 33)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
    1.4 MARKET SCOPE 
           FIGURE 1 AUTOMOTIVE LIGHTWEIGHTING MARKET: MARKET SEGMENTATION
           1.4.1 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
    1.6 PACKAGE SIZE 
    1.7 SUMMARY OF CHANGES 
    1.8 LIMITATIONS 
    1.9 STAKEHOLDERS 
 
2 RESEARCH METHODOLOGY (Page No. - 38)
    2.1 RESEARCH DATA 
           FIGURE 2 AUTOMOTIVE LIGHTWEIGHTING MARKET: RESEARCH DESIGN
           FIGURE 3 RESEARCH METHODOLOGY MODEL
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key secondary sources for vehicle sales/production
                    2.1.1.2 List of key secondary sources to estimate market sizing
                    2.1.1.3 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
                    2.1.2.1 List of primary participants
    2.2 MARKET SIZE ESTIMATION 
           FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 6 AUTOMOTIVE LIGHTWEIGHTING MARKET: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 7 AUTOMOTIVE LIGHTWEIGHTING MARKET: TOP-DOWN APPROACH
                    FIGURE 8 AUTOMOTIVE LIGHTWEIGHTING MARKET: RESEARCH DESIGN AND METHODOLOGY
    2.3 DATA TRIANGULATION 
           FIGURE 9 DATA TRIANGULATION
    2.4 FACTOR ANALYSIS 
           2.4.1 REGIONAL ECONOMY IMPACT ANALYSIS
    2.5 RESEARCH ASSUMPTIONS 
    2.6 RESEARCH LIMITATIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 52)
    3.1 RECESSION IMPACT ON AUTOMOTIVE LIGHTWEIGHTING MARKET 
           FIGURE 10 PRE- AND POST-RECESSION SCENARIO: AUTOMOTIVE LIGHTWEIGHTING MARKET, 2018–2027 (USD BILLION)
           FIGURE 11 AUTOMOTIVE LIGHTWEIGHTING MARKET: MARKET OUTLOOK
           FIGURE 12 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022 VS. 2027 (USD BILLION)
 
4 PREMIUM INSIGHTS (Page No. - 56)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE LIGHTWEIGHTING MARKET 
           FIGURE 13 RISING TREND OF VEHICLE ELECTRIFICATION OFFERS ATTRACTIVE OPPORTUNITIES
    4.2 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION 
           FIGURE 14 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
    4.3 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE 
           FIGURE 15 METALS TO HOLD LARGEST GLOBAL SHARE DURING FORECAST PERIOD
    4.4 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY APPLICATION 
           FIGURE 16 BODY IN WHITE APPLICATION TO HAVE LARGEST SHARE IN AUTOMOTIVE LIGHTWEIGHTING MARKET
    4.5 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COMPONENT 
           FIGURE 17 FRAMES SUBSEGMENT TO HOLD LARGEST SHARE DURING FORECAST PERIOD
    4.6 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE 
           FIGURE 18 PASSENGER CARS TO BE DOMINANT SUBSEGMENT DURING FORECAST PERIOD
    4.7 ELECTRIC AND HYBRID LIGHTWEIGHTING MARKET, BY MATERIAL TYPE 
           FIGURE 19 METALS PROJECTED TO BE LARGEST MARKET GROWTH DURING FORECAST PERIOD
    4.8 ELECTRIC AND HYBRID LIGHTWEIGHTING MARKET, BY VEHICLE TYPE 
           FIGURE 20 BEV SEGMENT PROJECTED TO HAVE HIGHEST MARKET SHARE DURING FORECAST PERIOD
    4.9 MICROMOBILITY LIGHTWEIGHTING MARKET, BY MATERIAL TYPE 
           FIGURE 21 ALUMINUM TO HAVE LARGEST SHARE IN MICROMOBILITY LIGHTWEIGHTING MARKET
    4.10 UAV LIGHTWEIGHTING MARKET, BY MATERIAL TYPE 
           FIGURE 22 COMPOSITES PROJECTED TO BE LARGEST SUBSEGMENT IN UAV LIGHTWEIGHTING MARKET
    4.11 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION 
                    FIGURE 23 ASIA PACIFIC TO BE DOMINANT REGION IN AUTOMOTIVE LIGHTWEIGHTING MARKET
 
5 MARKET OVERVIEW (Page No. - 62)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 24 AUTOMOTIVE LIGHTWEIGHTING MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Advanced manufacturing methods and technologies
                    5.2.1.2 Demand for fuel-efficient and low-emission vehicles
                               FIGURE 25 ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR HEAVY-DUTY VEHICLES, 2014–2030
                               TABLE 1 MASS REDUCTION WITH LIGHTWEIGHT MATERIALS
           5.2.2 RESTRAINTS
                    5.2.2.1 Difficulty in joining dissimilar materials
                               TABLE 2 ALUMINUM VS. STEEL MATERIAL MECHANICAL PROPERTIES
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Development of advanced and affordable electric and autonomous vehicles
                               FIGURE 26 GLOBAL ELECTRIC VEHICLES SALES, 2021–2030 (THOUSAND UNITS)
                    5.2.3.2 Performance package offerings in premium and sports cars
           5.2.4 CHALLENGES
                    5.2.4.1 Maintenance difficulties and replacement costs
                    5.2.4.2 Supply chain difficulties and high cost of lightweight materials
    5.3 TRADE ANALYSIS 
           5.3.1 IMPORT DATA, BY REGION
                    5.3.1.1 Iron or Steel
                               TABLE 3 US: IRON OR STEEL IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 4 GERMANY: IRON OR STEEL IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 5 FRANCE: IRON OR STEEL IMPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.1.2 Aluminum
                               TABLE 6 GERMANY: ALUMINUM IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 7 FRANCE: ALUMINUM IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 8 US: ALUMINUM IMPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.1.3 Magnesium
                               TABLE 9 US: MAGNESIUM IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 10 CANADA: MAGNESIUM IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 11 GERMANY: MAGNESIUM IMPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.1.4 Elastomer
                               TABLE 12 CHINA: ELASTOMER IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 13 GERMANY: ELASTOMER IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 14 BELGIUM: ELASTOMER IMPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.1.5 Plastics
                               TABLE 15 US: PLASTICS IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 16 GERMANY: PLASTICS IMPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 17 MEXICO: PLASTICS IMPORTS SHARE, BY COUNTRY (VALUE %)
           5.3.2 EXPORT DATA, BY REGION
                    5.3.2.1 Iron or Steel
                               TABLE 18 CHINA: IRON OR STEEL EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 19 GERMANY: IRON OR STEEL EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 20 ITALY: IRON OR STEEL EXPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.2.2 Aluminum
                               TABLE 21 CHINA: ALUMINUM EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 22 GERMANY: ALUMINUM EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 23 ITALY: ALUMINUM EXPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.2.3 Magnesium
                               TABLE 24 CHINA: MAGNESIUM EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 25 AUSTRIA: MAGNESIUM EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 26 US: MAGNESIUM EXPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.2.4 Elastomer
                               TABLE 27 JAPAN: ELASTOMER EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 28 CHINA: ELASTOMER EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 29 US: ELASTOMER EXPORTS SHARE, BY COUNTRY (VALUE %)
                    5.3.2.5 Plastics
                               TABLE 30 CHINA: PLASTICS EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 31 GERMANY: PLASTICS EXPORTS SHARE, BY COUNTRY (VALUE %)
                               TABLE 32 US: PLASTICS EXPORTS SHARE, BY COUNTRY (VALUE %)
    5.4 IMPACT OF RECESSION ON ECONOMY 
           5.4.1 INTRODUCTION
           5.4.2 REGIONAL MACROECONOMIC OVERVIEW
           5.4.3 ANALYSIS OF KEY ECONOMIC INDICATORS
                    TABLE 33 KEY ECONOMIC INDICATORS FOR SELECT COUNTRIES, 2021–2022
           5.4.4 ECONOMIC STAGFLATION (SLOWDOWN) VS. ECONOMIC RECESSION
                    5.4.4.1 Europe
                               TABLE 34 EUROPE: KEY ECONOMIC INDICATORS, 2021–2023
                               TABLE 35 EUROPE: KEY INFLATION INDICATORS, 2021–2023
                    5.4.4.2 Asia Pacific
                               TABLE 36 ASIA PACIFIC: KEY ECONOMIC INDICATORS, 2021–2023
                               TABLE 37 ASIA PACIFIC: KEY INFLATION INDICATORS, 2021–2023
                    5.4.4.3 Americas
                               TABLE 38 AMERICAS: KEY ECONOMIC INDICATORS, 2021–2023
                               TABLE 39 AMERICAS: KEY INFLATION INDICATORS, 2021–2023
           5.4.5 ECONOMIC OUTLOOK/PROJECTIONS
                    TABLE 40 GDP GROWTH PROJECTIONS FOR KEY COUNTRIES, 2024–2027 (% GROWTH)
    5.5 IMPACT OF RECESSION ON AUTOMOTIVE SECTOR 
           5.5.1 ANALYSIS OF AUTOMOTIVE VEHICLE SALES
                    5.5.1.1 Europe
                               FIGURE 27 EUROPE: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 (UNITS)
                    5.5.1.2 Asia Pacific
                               FIGURE 28 ASIA PACIFIC: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 (UNITS)
                    5.5.1.3 Americas
                               FIGURE 29 AMERICAS: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 (UNITS)
           5.5.2 AUTOMOTIVE SALES OUTLOOK
                    FIGURE 30 EUROPE: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE PRODUCTION FORECAST, 2022 VS. 2027 (‘000 UNITS)
                    FIGURE 31 ASIA PACIFIC: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE PRODUCTION FORECAST, 2022 VS. 2027 (‘000 UNITS)
                    FIGURE 32 NORTH AMERICA: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE PRODUCTION FORECAST, 2022 VS. 2027 (‘000 UNITS)
    5.6 TRENDS/DISRUPTION IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 33 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES – AUTOMOTIVE LIGHTWEIGHTING MARKET
    5.7 PATENT ANALYSIS 
    5.8 SUPPLY CHAIN ANALYSIS 
           FIGURE 34 SUPPLY CHAIN ANALYSIS: AUTOMOTIVE LIGHTWEIGHTING MARKET
    5.9 AVERAGE SELLING PRICING (ASP) ANALYSIS FOR AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL AND REGION, 2019–2021 
           5.9.1 NORTH AMERICA
                    TABLE 41 NORTH AMERICA: AUTOMOTIVE LIGHTWEIGHTING MARKET- AVERAGE SELLING PRICE (ASP), BY MATERIAL, 2019–2021 (USD/TON)
           5.9.2 EUROPE
                    TABLE 42 EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET- AVERAGE SELLING PRICE (ASP), BY MATERIAL, 2019–2021 (USD/TON)
           5.9.3 ASIA PACIFIC
                    TABLE 43 ASIA PACIFIC: AUTOMOTIVE LIGHTWEIGHTING MARKET- AVERAGE SELLING PRICE (ASP), BY MATERIAL, 2019–2021 (USD/TON)
           5.9.4 REST OF THE WORLD
                    TABLE 44 REST OF THE WORLD: AUTOMOTIVE LIGHTWEIGHTING MARKET- AVERAGE SELLING PRICE (ASP), BY MATERIAL, 2019–2021 (USD/TON)
    5.10 CASE STUDIES 
           5.10.1 USE CASE 1: BUGATTI BOLIDE- LIGHTWEIGHT HYPERCAR CAN REACH TOP SPEED OF ABOVE 500 KMPH
           5.10.2 USE CASE 2: MCLAREN’S NEW SUPERCAR ARTURA HYBRID USED LIGHTWEGHTING TO IMPROVE ITS PERFORMANCE
           5.10.3 USE CASE 3: FORD LEVERAGED AUTOMOTIVE LIGHTWEIGHTING TO DEVELOP FUEL-EFFICIENT SEDAN
           5.10.4 USE CASE 4: PORSCHE USED LIGHTWEIGHT MATERIALS TO ENHANCE PERFORMANCE AND INCREASE STRUCTURAL STRENGTH
           5.10.5 USE CASE 5: HYUNDAI AND KIA USED LIGHTWEIGHT MATERIALS TO ENHANCE PERFORMANCE AND REDUCE WEIGHT
    5.11 TECHNOLOGY ANALYSIS 
           5.11.1 OVERVIEW
                    5.11.1.1 Light-duty vehicles impact lightweight material industry
                               TABLE 45 WEIGHT REDUCTION GOALS FOR LIGHT-DUTY VEHICLES
                               TABLE 46 FUTURE WEIGHT REDUCTION TARGETS, BY COMPONENT, 2025 VS. 2050
                               TABLE 47 TECHNOLOGICAL ROUTES FOR APPLICATION OF LIGHTWEIGHT MATERIALS: US
    5.12 AUTOMOTIVE LIGHTWEIGHTING MARKET ECOSYSTEM 
                    FIGURE 35 AUTOMOTIVE LIGHTWEIGHTING MARKET: ECOSYSTEM
                    TABLE 48 ROLE OF COMPANIES IN AUTOMOTIVE LIGHTWEIGHTING MARKET ECOSYSTEM
    5.13 PORTER’S FIVE FORCES ANALYSIS 
                    TABLE 49 PORTER’S FIVE FORCES ANALYSIS
                    FIGURE 36 PORTER’S FIVE FORCES FOR AUTOMOTIVE LIGHTWEIGHTING MARKET
           5.13.1 THREAT OF SUBSTITUTES
           5.13.2 THREAT OF NEW ENTRANTS
           5.13.3 BARGAINING POWER OF BUYERS
           5.13.4 BARGAINING POWER OF SUPPLIERS
           5.13.5 INTENSITY OF COMPETITIVE RIVALRY
    5.14 REGULATORY FRAMEWORK 
           5.14.1 EMISSION REGULATIONS
                    5.14.1.1 On-road vehicles
                               TABLE 50 EURO-5 VS. EURO-6 VEHICLE EMISSION STANDARDS ON NEW EUROPEAN DRIVING CYCLE
                               TABLE 51 ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR PASSENGER CARS, 2016–2021
                    5.14.1.2 Non-road mobile machinery (NRMM) emission regulation outlook
                               FIGURE 37 NRMM EMISSION REGULATION OUTLOOK, 2019–2025
    5.15 FUEL ECONOMY NORMS 
           5.15.1 US
                    TABLE 52 US: CAFE STANDARDS FOR EACH MODEL YEAR IN MILES PER GALLON, 2019–2025
           5.15.2 EUROPE
           5.15.3 CHINA
           5.15.4 INDIA
    5.16 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
                    TABLE 53 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 54 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 55 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.17 KEY CONFERENCES AND EVENTS IN 2023–2024 
           5.17.1 BUYING CRITERIA
                    FIGURE 38 KEY BUYING CRITERIA FOR AUTOMOTIVE LIGHTWEIGHTING APPLICATIONS
                    TABLE 56 KEY BUYING CRITERIA FOR TOP TWO AUTOMOTIVE LIGHTWEIGHTING APPLICATIONS
           5.17.2 KEY STAKEHOLDERS IN BUYING PROCESS
                    TABLE 57 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR AUTOMOTIVE LIGHTWEIGHTING MARKET APPLICATIONS (%)
 
6 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL (Page No. - 117)
This chapter is further segmentized into region level – North America, Asia Pacific, Europe and Rest of the World.
    6.1 INTRODUCTION 
           6.1.1 RESEARCH METHODOLOGY
           6.1.2 ASSUMPTIONS/LIMITATIONS
           6.1.3 INDUSTRY INSIGHTS
                    FIGURE 39 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022 VS. 2027 (USD BILLION)
                    TABLE 58 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                    TABLE 59 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                    TABLE 60 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                    TABLE 61 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
    6.2 METALS 
           TABLE 62 METALS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY TYPE, 2018–2021 (TMT)
           TABLE 63 METALS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY TYPE, 2022–2027 (TMT)
           TABLE 64 METALS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY TYPE, 2018–2021 (USD BILLION)
           TABLE 65 METALS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY TYPE, 2022–2027 (USD BILLION)
           6.2.1 HIGH STRENGTH STEEL (HSS)
                    6.2.1.1 Lightweight and resistant to contract tension
                               TABLE 66 HSS MARKET, BY REGION, 2018–2021 (TMT)
                               TABLE 67 HSS MARKET, BY REGION, 2022–2027 (TMT)
                               TABLE 68 HSS MARKET, BY REGION, 2018–2021 (USD BILLION)
                               TABLE 69 HSS MARKET, BY REGION, 2022–2027 (USD BILLION)
           6.2.2 ALUMINUM
                    6.2.2.1 Led by EV sales owing to lightweighting properties
                               TABLE 70 ALUMINUM MARKET, BY REGION, 2018–2021 (TMT)
                               TABLE 71 ALUMINUM MARKET, BY REGION, 2022–2027 (TMT)
                               TABLE 72 ALUMINUM MARKET, BY REGION, 2018–2021 (USD BILLION)
                               TABLE 73 ALUMINUM MARKET, BY REGION, 2022–2027 (USD BILLION)
           6.2.3 MAGNESIUM AND TITANIUM
                    6.2.3.1 Magnesium considered alternative to carbon fiber material
                               TABLE 74 MAGNESIUM AND TITANIUM MARKET, BY REGION, 2018–2021 (TMT)
                               TABLE 75 MAGNESIUM AND TITANIUM MARKET, BY REGION, 2022–2027 (TMT)
                               TABLE 76 MAGNESIUM AND TITANIUM MARKET, BY REGION, 2018–2021 (USD BILLION)
                               TABLE 77 MAGNESIUM AND TITANIUM MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.3 COMPOSITES 
           TABLE 78 COMPOSITES MARKET, BY TYPE, 2018–2021 (TMT)
           TABLE 79 COMPOSITES MARKET, BY TYPE, 2022–2027 (TMT)
           TABLE 80 COMPOSITES MARKET, BY TYPE, 2018–2021 (USD BILLION)
           TABLE 81 COMPOSITES MARKET, BY TYPE, 2022–2027 (USD BILLION)
           6.3.1 CARBON FIBER REINFORCED POLYMERS (CFRP)
                    6.3.1.1 Save 0.3–0.6 liters of fuel on every 100 km of drive
                               TABLE 82 CFRP MARKET, BY REGION, 2018–2021 (TMT)
                               TABLE 83 CFRP MARKET, BY REGION, 2022–2027 (TMT)
                               TABLE 84 CFRP MARKET, BY REGION, 2018–2021 (USD BILLION)
                               TABLE 85 CFRP MARKET, BY REGION, 2022–2027 (USD BILLION)
           6.3.2 GLASS FIBER REINFORCED POLYMER (GFRP)
                    6.3.2.1 Good strength to weight ratio
                               TABLE 86 GFRP MARKET, BY REGION, 2018–2021 (TMT)
                               TABLE 87 GFRP MARKET, BY REGION, 2022–2027 (TMT)
                               TABLE 88 GFRP MARKET, BY REGION, 2018–2021 (USD BILLION)
                               TABLE 89 GFRP MARKET, BY REGION, 2022–2027 (USD BILLION)
           6.3.3 NATURAL FIBER REINFORCED POLYMER (NFRP)
                    6.3.3.1 Makes parts lighter and sustainable
                               TABLE 90 NFRP MARKET, BY REGION, 2018–2021 (TMT)
                               TABLE 91 NFRP MARKET, BY REGION, 2022–2027 (TMT)
                               TABLE 92 NFRP MARKET, BY REGION, 2018–2021 (USD BILLION)
                               TABLE 93 NFRP MARKET, BY REGION, 2022–2027 (USD BILLION)
           6.3.4 OTHER COMPOSITES
                    6.3.4.1 Europe to have highest market share
                               TABLE 94 OTHER COMPOSITES MARKET, BY REGION, 2018–2021 (TMT)
                               TABLE 95 OTHER COMPOSITES MARKET, BY REGION, 2022–2027 (TMT)
                               TABLE 96 OTHER COMPOSITES MARKET, BY REGION, 2018–2021 (USD BILLION)
                               TABLE 97 OTHER COMPOSITES MARKET, BY REGION, 2022–2027 (USD BILLION)
    6.4 PLASTICS 
           TABLE 98 PLASTICS MARKET, BY REGION, 2018–2021 (TMT)
           TABLE 99 PLASTICS MARKET, BY REGION, 2022–2027 (TMT)
           TABLE 100 PLASTICS MARKET, BY REGION, 2018–2021 (USD BILLION)
           TABLE 101 PLASTICS MARKET, BY REGION, 2022–2027 (USD BILLION)
           TABLE 102 PLASTICS MARKET, BY TYPE, 2018–2021 (TMT)
           TABLE 103 PLASTICS MARKET, BY TYPE, 2022–2027 (TMT)
           TABLE 104 PLASTICS MARKET, BY TYPE, 2018–2021 (USD BILLION)
           TABLE 105 PLASTICS MARKET, BY TYPE, 2022–2027 (USD BILLION)
    6.5 ELASTOMERS 
           TABLE 106 ELASTOMERS MARKET, BY REGION, 2018–2021 (TMT)
           TABLE 107 ELASTOMERS MARKET, BY REGION, 2022–2027 (TMT)
           TABLE 108 ELASTOMERS MARKET, BY REGION, 2018–2021 (USD BILLION)
           TABLE 109 ELASTOMERS MARKET, BY REGION, 2022–2027 (USD BILLION)
 
7 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY APPLICATION (Page No. - 138)
This chapter is further segmentized into region level – North America, Asia Pacific, Europe, and Rest of the World.
    7.1 INTRODUCTION 
           7.1.1 RESEARCH METHODOLOGY
           7.1.2 ASSUMPTIONS/LIMITATIONS
           7.1.3 INDUSTRY INSIGHTS
                    FIGURE 40 AUTOMOTIVE LIGHTWEIGHTING MATERIAL MARKET, BY APPLICATION, 2022 VS. 2027 (USD BILLION)
                    TABLE 110 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY APPLICATION, 2018–2021 (TMT)
                    TABLE 111 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY APPLICATION, 2022–2027 (TMT)
                    TABLE 112 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY APPLICATION, 2018–2021 (USD BILLION)
                    TABLE 113 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
    7.2 BODY IN WHITE 
           7.2.1 CONTRIBUTES 30% OF CURB WEIGHT WITH LARGE SCOPE FOR WEIGHT REDUCTION
                    TABLE 114 BODY IN WHITE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 115 BODY IN WHITE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 116 BODY IN WHITE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 117 BODY IN WHITE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    7.3 CHASSIS AND SUSPENSIONS 
           7.3.1 USE OF ALUMINUM TO REDUCE WEIGHT
                    TABLE 118 CHASSIS AND SUSPENSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 119 CHASSIS AND SUSPENSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 120 CHASSIS AND SUSPENSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 121 CHASSIS AND SUSPENSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    7.4 POWERTRAINS 
           7.4.1 ALUMINUM HOUSING TO REPLACE CONVENTIONAL STEEL
                    TABLE 122 POWERTRAINS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 123 POWERTRAINS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 124 POWERTRAINS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 125 POWERTRAINS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    7.5 CLOSURES 
           7.5.1 ALUMINUM AND MAGNESIUM USED TO REDUCE OVERALL VEHICLE WEIGHT
                    TABLE 126 CLOSURES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 127 CLOSURES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 128 CLOSURES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 129 CLOSURES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    7.6 INTERIORS 
           7.6.1 INFOTAINMENT SYSTEMS TO REPLACE CONVENTIONAL FEATURES AND PUSH BUTTONS
                    TABLE 130 INTERIORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 131 INTERIORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 132 INTERIORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 133 INTERIORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    7.7 OTHERS 
           7.7.1 EUROPE TO BE FASTEST-GROWING MARKET
                    TABLE 134 OTHERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 135 OTHERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 136 OTHERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 137 OTHERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
 
8 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COMPONENT (Page No. - 152)
This chapter is further segmentized into region level – North America, Asia Pacific, Europe, and Rest of the World.
    8.1 INTRODUCTION 
           8.1.1 RESEARCH METHODOLOGY
           8.1.2 INDUSTRY INSIGHTS
                    FIGURE 41 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COMPONENT, 2022 VS. 2027 (USD BILLION)
                    TABLE 138 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COMPONENT, 2018–2021 (TMT)
                    TABLE 139 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COMPONENT, 2022–2027 (TMT)
                    TABLE 140 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COMPONENT, 2018–2021 (USD BILLION)
                    TABLE 141 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COMPONENT, 2022–2027 (USD BILLION)
    8.2 FRAMES 
           8.2.1 MADE USING HSS, ALUMINUM, AND COMPOSITES
                    TABLE 142 FRAMES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 143 FRAMES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 144 FRAMES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 145 FRAMES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.3 WHEELS 
           8.3.1 INCORPORATION OF LIGHTWEIGHT WHEELS IN SPORTS AND HYPERCARS
                    TABLE 146 WHEELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 147 WHEELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 148 WHEELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 149 WHEELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.4 BUMPERS AND FENDERS 
           8.4.1 DESIGNED TO REDUCE DAMAGES
                    TABLE 150 BUMPERS AND FENDERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 151 BUMPERS AND FENDERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 152 BUMPERS AND FENDERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 153 BUMPERS AND FENDERS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.5 ENGINES AND EXHAUSTS 
           8.5.1 TREND SHIFT TOWARD ALL-ALUMINUM ENGINES
                    TABLE 154 ENGINES AND EXHAUSTS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 155 ENGINES AND EXHAUSTS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 156 ENGINES AND EXHAUSTS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 157 ENGINES AND EXHAUSTS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.6 TRANSMISSIONS 
           8.6.1 LIGHTWEIGHTING IN TRANSMISSION IN EUROPE TO GROW MORE
                    TABLE 158 TRANSMISSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 159 TRANSMISSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 160 TRANSMISSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 161 TRANSMISSIONS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.7 DOORS 
           8.7.1 ASIA PACIFIC TO DOMINATE MARKET
                    TABLE 162 DOORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 163 DOORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 164 DOORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 165 DOORS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.8 HOODS AND TRUNKS 
           8.8.1 INCREASING DEMAND DUE TO FUEL-EFFICIENT VEHICLES
                    TABLE 166 HOODS AND TRUNKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 167 HOODS AND TRUNKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 168 HOODS AND TRUNKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 169 HOODS AND TRUNKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.9 SEATS 
           8.9.1 GROWING NEED FOR BETTER COMFORT AND ERGONOMICALLY DESIGNED SEATS
                    TABLE 170 SEATS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 171 SEATS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 172 SEATS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 173 SEATS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.10 INSTRUMENT PANELS 
           8.10.1 DEMAND DRIVEN BY ADOPTION OF ELECTRIC VEHICLES
                    TABLE 174 INSTRUMENT PANELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 175 INSTRUMENT PANELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 176 INSTRUMENT PANELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 177 INSTRUMENT PANELS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    8.11 FUEL TANKS 
           8.11.1 USE OF PLASTIC TO AID WEIGHT REDUCTION
                    TABLE 178 FUEL TANKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 179 FUEL TANKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 180 FUEL TANKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 181 FUEL TANKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
 
9 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE (Page No. - 172)
This chapter is further segmentized into region level – North America, Asia Pacific, Europe, and Rest of the World.
    9.1 INTRODUCTION 
           9.1.1 RESEARCH METHODOLOGY
           9.1.2 ASSUMPTIONS/LIMITATIONS
           9.1.3 INDUSTRY INSIGHTS
                    FIGURE 42 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022 VS. 2027 (USD BILLION)
                    TABLE 182 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (TMT)
                    TABLE 183 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (TMT)
                    TABLE 184 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (USD BILLION)
                    TABLE 185 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (USD BILLION)
    9.2 PASSENGER CARS 
           9.2.1 DEMAND FOR LIGHTWEIGHT MATERIALS TO BE HIGHEST IN EVS AND IC ENGINES PASSENGER CARS
                    TABLE 186 PASSENGER CARS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 187 PASSENGER CARS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 188 PASSENGER CARS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 189 PASSENGER CARS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    9.3 LIGHT COMMERCIAL VEHICLES (LCVS) 
           9.3.1 NORTH AMERICA TO BE FASTEST-GROWING MARKET FOR LIGHTWEIGHT MATERIAL IN LCV SEGMENT
                    TABLE 190 LCVS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 191 LCVS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 192 LCVS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 193 LCVS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    9.4 TRUCKS 
           9.4.1 LIMITED USAGE OF LIGHTWEIGHT MATERIALS DUE TO HIGH COST
                    TABLE 194 TRUCKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 195 TRUCKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 196 TRUCKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 197 TRUCKS: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
    9.5 BUSES 
           9.5.1 USAGE OF LIGHTWEIGHT MATERIALS IN BUSES MORE THAN TRUCKS AND LCVS
                    TABLE 198 BUSES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                    TABLE 199 BUSES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                    TABLE 200 BUSES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                    TABLE 201 BUSES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
 
10 ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE (Page No. - 183)
This chapter is further segmentized into region level – North America, Asia Pacific, Europe, and Rest of the World.
     10.1 INTRODUCTION 
             10.1.1 RESEARCH METHODOLOGY
             10.1.2 ASSUMPTIONS/LIMITATIONS
             10.1.3 INDUSTRY INSIGHTS
                       FIGURE 43 ELECTRIC AND HYBRID LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022 VS. 2027 (USD MILLION)
                       TABLE 202 ELECTRIC AND HYBRID LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (TMT)
                       TABLE 203 ELECTRIC AND HYBRID LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (TMT)
                       TABLE 204 ELECTRIC AND HYBRID LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                       TABLE 205 ELECTRIC AND HYBRID LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
     10.2 BATTERY ELECTRIC VEHICLES 
             10.2.1 LIGHTWEIGHTING TO IMPROVE FUEL EFFICIENCY OF BEVS
                       TABLE 206 BEV LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 207 BEV LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 208 BEV LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 209 BEV LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD MILLION)
     10.3 HYBRID ELECTRIC VEHICLES 
             10.3.1 LIMITED AVAILABILITY OF CHARGING INFRASTRUCTURE MAKES HEVS PREFERRED OPTION OVER BEVS
                       TABLE 210 HEV LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 211 HEV LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 212 HEV LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 213 HEV LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD MILLION)
     10.4 PLUG-IN HYBRID ELECTRIC VEHICLES 
             10.4.1 ASIA PACIFIC TO BE FASTEST-GROWING MARKET
                       TABLE 214 PHEV LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 215 PHEV LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 216 PHEV LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 217 PHEV LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD MILLION)
     10.5 ELECTRIC TRUCKS 
             10.5.1 NORTH AMERICA TO BE LARGEST MARKET
                       TABLE 218 ELECTRIC TRUCKS LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 219 ELECTRIC TRUCKS LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 220 ELECTRIC TRUCKS LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 221 ELECTRIC TRUCKS LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD MILLION)
     10.6 ELECTRIC BUSES 
             10.6.1 USED BY COUNTRIES SUCH AS CHINA AND INDIA AS MODE OF TRANSPORT
                       TABLE 222 ELECTRIC BUSES LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 223 ELECTRIC BUSES LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 224 ELECTRIC BUSES LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 225 ELECTRIC BUSES LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD MILLION)
 
11 ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE (Page No. - 195)
This chapter is further segmentized into vehicle types – BEVs, PHEVs, HEVs, Buses and Trucks
     11.1 INTRODUCTION 
             11.1.1 RESEARCH METHODOLOGY
             11.1.2 INDUSTRY INSIGHTS
                       FIGURE 44 ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022 VS. 2027 (USD MILLION)
                       TABLE 226 ELECTRIC VEHICLE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                       TABLE 227 ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                       TABLE 228 ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD MILLION)
                       TABLE 229 ELECTRIC VEHICLE LIGHTWEIGHTING, BY MATERIAL TYPE, 2022–2027 (USD MILLION)
     11.2 METALS 
             11.2.1 INCORPORATED IN BODY STRUCTURES, POWERTRAINS, AND SUSPENSIONS
                       TABLE 230 METALS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (TMT)
                       TABLE 231 METALS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (TMT)
                       TABLE 232 METALS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                       TABLE 233 METALS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
     11.3 COMPOSITES 
             11.3.1 ADVANCED AND COSTLIER MATERIAL
                       TABLE 234 COMPOSITES: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (TMT)
                       TABLE 235 COMPOSITES: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (TMT)
                       TABLE 236 COMPOSITES: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                       TABLE 237 COMPOSITES: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
     11.4 PLASTICS 
             11.4.1 BEV TO BE LARGEST LIGHTWEIGHTING MARKET FOR PLASTICS
                       TABLE 238 PLASTICS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (TMT)
                       TABLE 239 PLASTICS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (TMT)
                       TABLE 240 PLASTICS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                       TABLE 241 PLASTICS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
     11.5 ELASTOMERS 
             11.5.1 USED IN ANTI-VIBRATION RUBBER MOUNTS IN ELECTRIC TRUCKS
                       TABLE 242 ELASTOMERS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (TMT)
                       TABLE 243 ELASTOMERS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (TMT)
                       TABLE 244 ELASTOMERS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                       TABLE 245 ELASTOMERS: ELECTRIC AND HYBRID VEHICLE LIGHTWEIGHTING MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
 
12 MICROMOBILITY LIGHTWEIGHTING MARKET, BY MATERIAL TYPE (Page No. - 206)
This chapter is further segmentized into region level – North America, Asia Pacific, and Europe.
     12.1 INTRODUCTION 
             12.1.1 RESEARCH METHODOLOGY
             12.1.2 ASSUMPTIONS/LIMITATIONS
                       FIGURE 45 MICROMOBILITY LIGHTWEIGHTING MARKET, BY MATERIAL, 2022 VS. 2027 (USD MILLION)
                       TABLE 246 MICROMOBILITY LIGHTWEIGHTING MARKET, BY MATERIAL, 2018–2021 (TMT)
                       TABLE 247 MICROMOBILITY LIGHTWEIGHTING MARKET, BY MATERIAL, 2022–2027 (TMT)
                       TABLE 248 MICROMOBILITY LIGHTWEIGHTING MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
                       TABLE 249 MICROMOBILITY LIGHTWEIGHTING MARKET, BY MATERIAL, 2022–2027 (USD MILLION)
     12.2 HIGH STRENGTH STEEL 
             12.2.1 VARIABLE THICKNESS REDUCES VEHICLE WEIGHT
                       TABLE 250 HSS MATERIAL MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 251 HSS MATERIAL MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 252 HSS MATERIAL MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 253 HSS MATERIAL MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.3 ALUMINUM 
             12.3.1 LIGHTWEIGHT AND LOW DENSITY
                       TABLE 254 ALUMINUM MATERIAL MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 255 ALUMINUM MATERIAL MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 256 ALUMINUM MATERIAL MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 257 ALUMINUM MATERIAL MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.4 PLASTICS 
             12.4.1 USED TO WELD DISSIMILAR METALS TO FORM FIRM JOINTS AND RETAIN STRENGTH
                       TABLE 258 PLASTICS MATERIAL MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 259 PLASTICS MATERIAL MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 260 PLASTICS MATERIAL MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 261 PLASTICS MATERIAL MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.5 ELASTOMERS 
             12.5.1 LED BY EUROPEAN MARKET
                       TABLE 262 ELASTOMERS MATERIAL MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 263 ELASTOMERS MATERIAL MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 264 ELASTOMERS MATERIAL MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 265 ELASTOMERS MATERIAL MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.6 OTHER MATERIALS 
               TABLE 266 OTHER MATERIALS MARKET, BY REGION, 2018–2021 (TMT)
               TABLE 267 OTHER MATERIALS MARKET, BY REGION, 2022–2027 (TMT)
               TABLE 268 OTHER MATERIALS MARKET, BY REGION, 2018–2021 (USD MILLION)
               TABLE 269 OTHER MATERIALS MARKET, BY REGION, 2022–2027 (USD MILLION)
 
13 UAV LIGHTWEIGHTING MARKET, BY MATERIAL TYPE (Page No. - 217)
     13.1 INTRODUCTION 
             13.1.1 RESEARCH METHODOLOGY
             13.1.2 ASSUMPTIONS/LIMITATIONS
                       FIGURE 46 UAV LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022 VS. 2027 (USD MILLION)
                       TABLE 270 UAV LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (MT)
                       TABLE 271 UAV LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (MT)
                       TABLE 272 UAV LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD MILLION)
                       TABLE 273 UAV LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD MILLION)
     13.2 ALUMINUM 
             13.2.1 MOSTLY PREFERRED OVER CARBON FIBER TO DESIGN FRAMES OF UAVS
     13.3 COMPOSITES 
             13.3.1 CARBON FIBER REINFORCED POLYMERS (CFRP)
                       13.3.1.1 WEIGHS 5 TIMES LESS THAN CONVENTIONAL STEEL DRONES
             13.3.2 GLASS FIBER REINFORCED POLYMERS (CFRP)
                       13.3.2.1 WEIGHS 30% LESS THAN ALUMINUM-BASED DRONES
     13.4 PLASTICS 
             13.4.1 USED IN DEVELOPING ENCLOSURES OF COMPONENTS USED IN UAVS
     13.5 ELASTOMERS 
             13.5.1 USED TO ABSORB IMPACT STRESS AND NVH FROM COMPONENTS
     13.6 OTHERS 
             13.6.1 EXCELLENT HEAT RESISTANCE IN HARSH AND TOUGH CONDITIONS
 
14 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION (Page No. - 223)
This chapter is further segmentized into material types – Metals, Composites, Plastics, and Elastomers.
     14.1 INTRODUCTION 
             14.1.1 RESEARCH METHODOLOGY
             14.1.2 ASSUMPTIONS/LIMITATIONS
             14.1.3 INDUSTRY INSIGHTS
                       FIGURE 47 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022 VS. 2027 (USD BILLION)
                       TABLE 274 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (TMT)
                       TABLE 275 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (TMT)
                       TABLE 276 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2018–2021 (USD BILLION)
                       TABLE 277 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY REGION, 2022–2027 (USD BILLION)
     14.2 ASIA PACIFIC 
             14.2.1 ASIA PACIFIC: RECESSION IMPACT
                       FIGURE 48 ASIA PACIFIC: AUTOMOTIVE LIGHTWEIGHTING MARKET SNAPSHOT
                       TABLE 278 ASIA PACIFIC: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021 (TMT)
                       TABLE 279 ASIA PACIFIC: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022–2027 (TMT)
                       TABLE 280 ASIA PACIFIC: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021 (USD BILLION)
                       TABLE 281 ASIA PACIFIC: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
             14.2.2 CHINA
                       14.2.2.1 Abundant availability of lightweight materials
                                   TABLE 282 CHINA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 283 CHINA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 284 CHINA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 285 CHINA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.2.3 JAPAN
                       14.2.3.1 Increased demand for luxury cars and stringent emission regulations
                                   TABLE 286 JAPAN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 287 JAPAN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 288 JAPAN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 289 JAPAN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.2.4 INDIA
                       14.2.4.1 Growth in vehicle sales and increased demand for comfort features
                                   TABLE 290 INDIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 291 INDIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 292 INDIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 293 INDIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.2.5 SOUTH KOREA
                       14.2.5.1 Demand for luxury cars with increased features, technologies, and lightweighting
                                   TABLE 294 SOUTH KOREA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 295 SOUTH KOREA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 296 SOUTH KOREA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 297 SOUTH KOREA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
     14.3 EUROPE 
             14.3.1 EUROPE: RECESSION IMPACT
                       FIGURE 49 EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET SNAPSHOT
                       TABLE 298 EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021 (TMT)
                       TABLE 299 EUROPE LIGHTWEIGHT MATERIAL MARKET, BY COUNTRY, 2022–2027 (TMT)
                       TABLE 300 EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021 (USD BILLION)
                       TABLE 301 EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
             14.3.2 GERMANY
                       14.3.2.1 Presence of R&D centers to develop advanced lightweight vehicles
                                   TABLE 302 GERMANY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 303 GERMANY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 304 GERMANY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 305 GERMANY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.3.3 FRANCE
                       14.3.3.1 Increasing awareness of environmental pollution hazards
                                   TABLE 306 FRANCE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 307 FRANCE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 308 FRANCE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 309 FRANCE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.3.4 RUSSIA
                       14.3.4.1 Lightweight metals to comply with Euro V regulations
                                   TABLE 310 RUSSIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 311 RUSSIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 312 RUSSIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 313 RUSSIA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.3.5 UK
                       14.3.5.1 Increasing incorporation of lightweight composites in premium vehicles
                                   TABLE 314 UK: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 315 UK: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 316 UK: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 317 UK: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.3.6 SPAIN
                       14.3.6.1 Adoption of fuel-efficient and emission-reduction technologies
                                   TABLE 318 SPAIN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 319 SPAIN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 320 SPAIN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 321 SPAIN: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.3.7 ITALY
                       14.3.7.1 Need for EVs with longer battery range
                                   TABLE 322 ITALY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 323 ITALY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 324 ITALY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 325 ITALY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.3.8 TURKEY
                       14.3.8.1 Increasing incorporation of lightweight metals in powertrains
                                   TABLE 326 TURKEY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 327 TURKEY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 328 TURKEY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 329 TURKEY: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.3.9 REST OF EUROPE
                       14.3.9.1 Usage of aluminum and HSS to be higher
                                   TABLE 330 REST OF EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 331 REST OF EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 332 REST OF EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 333 REST OF EUROPE: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
     14.4 NORTH AMERICA 
               FIGURE 50 NORTH AMERICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022 VS. 2027 (USD BILLION)
             14.4.1 NORTH AMERICA: RECESSION IMPACT
                       TABLE 334 NORTH AMERICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021(TMT)
                       TABLE 335 NORTH AMERICA: LIGHTWEIGHTING MARKET, BY COUNTRY, 2022–2027 (TMT)
                       TABLE 336 NORTH AMERICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021 (USD BILLION)
                       TABLE 337 NORTH AMERICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
             14.4.2 US
                       14.4.2.1 Increasing fuel prices to lead to demand for efficient lightweight vehicles
                                   TABLE 338 US: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 339 US: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 340 US: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 341 US: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.4.3 CANADA
                       14.4.3.1 Growing initiatives to reduce fuel consumption in vehicles
                                   TABLE 342 CANADA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 343 CANADA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 344 CANADA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 345 CANADA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.4.4 MEXICO
                       14.4.4.1 Rising fuel prices and stringent emission norms
                                   TABLE 346 MEXICO: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 347 MEXICO: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 348 MEXICO: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 349 MEXICO: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
     14.5 REST OF THE WORLD (ROW) 
               FIGURE 51 REST OF THE WORLD: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022 VS. 2027 (USD BILLION)
               TABLE 350 REST OF THE WORLD: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021(TMT)
               TABLE 351 REST OF THE WORLD: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022–2027 (TMT)
               TABLE 352 REST OF THE WORLD: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2018–2021(USD BILLION)
               TABLE 353 REST OF THE WORLD: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY COUNTRY, 2022–2027 (USD BILLION)
             14.5.1 BRAZIL
                       14.5.1.1 Incorporation of lightweight metals in body structures of mid-range passenger cars
                                   TABLE 354 BRAZIL: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 355 BRAZIL: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 356 BRAZIL: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 357 BRAZIL: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.5.2 SOUTH AFRICA
                       14.5.2.1 Growing need for lightweight vehicles to reduce greenhouse gas emissions
                                   TABLE 358 SOUTH AFRICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 359 SOUTH AFRICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 360 SOUTH AFRICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 361 SOUTH AFRICA: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
             14.5.3 OTHER COUNTRIES
                       14.5.3.1 Push toward cleaner transportation with lightweight vehicles
                                   TABLE 362 OTHER COUNTRIES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (TMT)
                                   TABLE 363 OTHER COUNTRIES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (TMT)
                                   TABLE 364 OTHER COUNTRIES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2018–2021 (USD BILLION)
                                   TABLE 365 OTHER COUNTRIES: AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE, 2022–2027 (USD BILLION)
 
15 COMPETITIVE LANDSCAPE (Page No. - 266)
     15.1 OVERVIEW 
     15.2 AUTOMOTIVE LIGHTWEIGHTING MARKET SHARE ANALYSIS, 2021 
               FIGURE 52 AUTOMOTIVE LIGHTWEIGHTING MARKET SHARE ANALYSIS, 2021
     15.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2021 
     15.4 COMPANY EVALUATION QUADRANT 
             15.4.1 STARS
             15.4.2 EMERGING LEADERS
             15.4.3 PERVASIVE PLAYERS
             15.4.4 PARTICIPANTS
                       FIGURE 53 COMPETITIVE EVALUATION MATRIX (LIGHTWEIGHTING MATERIAL SUPPLIERS), 2021
                       FIGURE 54 COMPETITIVE EVALUATION MATRIX (LIGHTWEIGHTING COMPONENT SUPPLIERS), 2021
                       TABLE 366 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS AND EXPANSIONS AS KEY GROWTH STRATEGIES, 2019–2022
     15.5 COMPETITIVE SCENARIO 
             15.5.1 NEW PRODUCT LAUNCHES
                       TABLE 367 PRODUCT LAUNCHES, 2019–2022
             15.5.2 DEALS
                       TABLE 368 DEALS, 2019–2022
             15.5.3 OTHER DEVELOPMENTS, 2019–2022
                       TABLE 369 OTHER DEVELOPMENTS, 2019–2022
     15.6 RIGHT TO WIN 
               TABLE 370 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS, PARTNERSHIPS, AND SUPPLY CONTRACTS AS KEY GROWTH STRATEGIES FROM 2019–2022
     15.7 COMPETITIVE BENCHMARKING 
               TABLE 371 AUTOMOTIVE LIGHTWEIGHTING MARKET: DETAILED LIST OF KEY STARTUPS/SMES
               TABLE 372 AUTOMOTIVE LIGHTWEIGHTING MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS
 
16 COMPANY PROFILES (Page No. - 284)
(Business overview, Products offered, Recent developments & MnM View)*
     16.1 KEY PLAYERS 
             16.1.1 BASF SE
                       TABLE 373 BASF SE: BUSINESS OVERVIEW
                       FIGURE 55 BASF SE: COMPANY SNAPSHOT
                       TABLE 374 BASF SE: PRODUCTS OFFERED
                       TABLE 375 BASF SE: NEW PRODUCT DEVELOPMENTS
                       TABLE 376 BASF SE: DEALS
                       TABLE 377 BASF SE: OTHER DEVELOPMENT
             16.1.2 COVESTRO AG
                       TABLE 378 COVESTRO AG: BUSINESS OVERVIEW
                       FIGURE 56 COVESTRO AG: COMPANY SNAPSHOT
                       TABLE 379 COVESTRO AG: PRODUCTS OFFERED
                       TABLE 380 COVESTRO AG: NEW PRODUCT DEVELOPMENTS
                       TABLE 381 COVESTRO AG: DEALS
                       TABLE 382 COVESTRO AG: OTHER DEVELOPMENTS
             16.1.3 LYONDELLBASELL INDUSTRIES HOLDINGS BV
                       TABLE 383 LYONDELLBASELL INDUSTRIES HOLDINGS BV: BUSINESS OVERVIEW
                       FIGURE 57 LYONDELLBASELL INDUSTRIES HOLDINGS BV: COMPANY SNAPSHOT
                       TABLE 384 LYONDELLBASELL INDUSTRIES HOLDINGS BV: NEW PRODUCT DEVELOPMENTS
                       TABLE 385 LYONDELLBASELL INDUSTRIES HOLDINGS BV: DEALS
                       TABLE 386 LYONDELLBASELL INDUSTRIES HOLDINGS BV: OTHER DEVELOPMENTS
             16.1.4 TORAY INDUSTRIES, INC.
                       TABLE 387 TORAY INDUSTRIES, INC.: BUSINESS OVERVIEW
                       FIGURE 58 TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
                       TABLE 388 TORAY INDUSTRIES, INC.: PRODUCTS OFFERED
                       TABLE 389 TORAY INDUSTRIES, INC.: NEW PRODUCT DEVELOPMENTS
                       TABLE 390 TORAY INDUSTRIES, INC.: DEALS
                       TABLE 391 TORAY INDUSTRIES, INC.: OTHER DEVELOPMENTS
             16.1.5 ARCELORMITTAL
                       TABLE 392 ARCELORMITTAL: BUSINESS OVERVIEW
                       FIGURE 59 ARCELORMITTAL: COMPANY SNAPSHOT
                       TABLE 393 ARCELORMITTAL: PRODUCTS OFFERED
                       TABLE 394 ARCELORMITTAL: NEW PRODUCT DEVELOPMENTS
                       TABLE 395 ARCELORMITTAL: DEALS
                       TABLE 396 ARCELORMITTAL: OTHER DEVELOPMENTS
             16.1.6 THYSSENKRUPP AG
                       TABLE 397 THYSSENKRUPP AG: BUSINESS OVERVIEW
                       FIGURE 60 THYSSENKRUPP AG: COMPANY SNAPSHOT
                       TABLE 398 THYSSENKRUPP AG: PRODUCTS OFFERED
                       TABLE 399 THYSSENKRUPP AG: DEALS
                       TABLE 400 THYSSENKRUPP AG: OTHER DEVELOPMENTS
             16.1.7 NOVELIS, INC.
                       TABLE 401 NOVELIS, INC.: BUSINESS OVERVIEW
                       FIGURE 61 NOVELIS, INC.: COMPANY SNAPSHOT
                       TABLE 402 NOVELIS, INC.: PRODUCTS OFFERED
                       TABLE 403 NOVELIS, INC.: DEALS
                       TABLE 404 NOVELIS, INC.: OTHER DEVELOPMENTS
             16.1.8 ALCOA CORPORATION
                       TABLE 405 ALCOA CORPORATION: BUSINESS OVERVIEW
                       FIGURE 62 ALCOA CORPORATION: COMPANY SNAPSHOT
                       TABLE 406 ALCOA CORPORATION: PRODUCTS OFFERED
                       TABLE 407 ALCOA CORPORATION: DEALS
             16.1.9 OWENS CORNING
                       TABLE 408 OWENS CORNING: BUSINESS OVERVIEW
                       FIGURE 63 OWENS CORNING: COMPANY SNAPSHOT
                       TABLE 409 OWENS CORNING: PRODUCTS OFFERED
             16.1.10 STRATASYS LTD.
                       TABLE 410 STRATASYS LTD.: BUSINESS OVERVIEW
                       FIGURE 64 STRATASYS LTD.: COMPANY SNAPSHOT
                       TABLE 411 STRATASYS LTD.: PRODUCTS OFFERED
                       TABLE 412 STRATASYS LTD.: NEW PRODUCT DEVELOPMENTS
                       TABLE 413 STRATASYS LTD.: DEALS
                       TABLE 414 STRATASYS LTD.: OTHER DEVELOPMENTS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     16.2 ADDITIONAL PLAYERS 
             16.2.1 TATA STEEL
                       TABLE 415 TATA STEEL: COMPANY OVERVIEW
             16.2.2 POSCO
                       TABLE 416 POSCO: COMPANY OVERVIEW
             16.2.3 MITSUBISHI CHEMICAL CORPORATION
                       TABLE 417 MITSUBISHI CHEMICAL CORPORATION: COMPANY OVERVIEW
             16.2.4 TEIJIN
                       TABLE 418 TEIJIN: COMPANY OVERVIEW
             16.2.5 SGL CARBON
                       TABLE 419 SGL CARBON: COMPANY OVERVIEW
             16.2.6 LANXESS
                       TABLE 420 LANXESS: COMPANY OVERVIEW
             16.2.7 BOREALIS AG
                       TABLE 421 BOREALIS AG: COMPANY OVERVIEW
             16.2.8 SOLVAY
                       TABLE 422 SOLVAY: COMPANY OVERVIEW
             16.2.9 DOWDUPONT
                       TABLE 423 DOWDUPONT: COMPANY OVERVIEW
             16.2.10 AK STEEL HOLDING CORPORATION
                       TABLE 424 AK STEEL HOLDING CORPORATION: COMPANY OVERVIEW
             16.2.11 US MAGNESIUM LLC
                       TABLE 425 US MAGNESIUM LLC: COMPANY OVERVIEW
             16.2.12 ALERIS CORPORATION
                       TABLE 426 ALERIS CORPORATION: COMPANY OVERVIEW
             16.2.13 HEXCEL
                       TABLE 427 HEXCEL: COMPANY OVERVIEW
             16.2.14 CELANESE
                       TABLE 428 CELANESE: COMPANY OVERVIEW
             16.2.15 WHB BRASIL
                       TABLE 429 WHB BRASIL: COMPANY OVERVIEW
 
17 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 340)
     17.1 ASIA PACIFIC EXPECTED TO DOMINATE GLOBAL AUTOMOTIVE LIGHTWEIGHTING MARKET 
     17.2 COMPOSITE MATERIAL TO BE KEY FOCUS IN AUTOMOTIVE LIGHTWEIGHTING MARKET 
     17.3 CONCLUSION 
 
18 APPENDIX (Page No. - 342)
     18.1 INSIGHTS OF INDUSTRY EXPERTS 
     18.2 DISCUSSION GUIDE 
     18.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     18.4 CUSTOMIZATION OPTIONS 
             18.4.1 AUTOMOTIVE LIGHTWEIGHTING MARKET, BY MATERIAL TYPE (COUNTRY LEVEL)
                       18.4.1.1 Metals
                                   18.4.1.1.1 HSS
                                   18.4.1.1.2 Aluminum
                                   18.4.1.1.3 Magnesium and Titanium
                       18.4.1.2 Composites
                                   18.4.1.2.1 CFRP
                                   18.4.1.2.2 GFRP
                                   18.4.1.2.3 NFRP
                                   18.4.1.2.4 Other Composites
                       18.4.1.3 Plastics
                                   18.4.1.3.1 PC
                                   18.4.1.3.2 ABS
                                   18.4.1.3.3 PA
                                   18.4.1.3.4 PP
                                   18.4.1.3.5 PU
                                   18.4.1.3.6 Others
                       18.4.1.4 Elastomers
                                   18.4.1.4.1 EPDM
                                   18.4.1.4.2 NR
                                   18.4.1.4.3 SBR
                                   18.4.1.4.4 Others
             18.4.2 MICROMOBILITY LIGHTWEIGHTING MARKET, BY VEHICLE TYPE
                       18.4.2.1 E-Bikes Lightweighting Market, By Material
                                   18.4.2.1.1 HSS
                                   18.4.2.1.2 Aluminum
                                   18.4.2.1.3 Plastics
                                   18.4.2.1.4 Elastomers
                                   18.4.2.1.5 Others
                       18.4.2.2 E-Moped Lightweighting Market, By Material
                                   18.4.2.2.1 HSS
                                   18.4.2.2.2 Aluminum
                                   18.4.2.2.3 Plastics
                                   18.4.2.2.4 Elastomers
                                   18.4.2.2.5 Others
     18.5 RELATED REPORTS 
     18.6 AUTHOR DETAILS 

The research study involved extensive use of secondary sources such as company annual reports/presentations, industry association publications, automotive lightweighting magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases to identify and collect information on the automotive lightweighting market. Primary sources—experts from related industries, automotive lightweight material suppliers—were interviewed to obtain and verify critical information, as well as to assess the growth prospects and market estimations.

Secondary Research

Secondary sources for this research study included corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; certified publications; articles by recognized authors; directories; and databases. The secondary data was collected and analyzed to arrive at the overall market size, which was further validated through primary research.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. Primary sources from the supply side included various industry experts, such as CXOs, vice presidents, directors of business development, marketing, product development/innovation teams, and related key executives from various key companies. Various system integrators, industry associations, independent consultants/industry veterans, and key opinion leaders were also interviewed.

Primary interviews were conducted to gather insights such as lightweight vehicle production forecast, market forecast, future technology trends, and upcoming technologies. Data triangulation of all these points was done with the information gathered from secondary research and company revenues. Stakeholders from the demand and supply sides were interviewed to understand their views on the aforementioned points.

Primary interviews were conducted with market experts from both the demand (OEM) and supply-side players across four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World. Approximately 10% of interviews were conducted from the demand side, while 90% of primary interviews were conducted from the supply side. The primary data was collected through questionnaires, e-mails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales and operations, were covered to provide a holistic viewpoint in this report.

After interacting with industry experts, brief sessions with highly experienced independent consultants were conducted to reinforce the findings from primaries. This, along with the opinions of the in-house subject matter experts, has led to the findings as described in the remainder of this report.

Automotive Lightweighting Market Size, and Share

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Market Size Estimation

Bottom-Up Approach: Automotive Lightweighting Market

The bottom-up approach has been used to estimate and validate the size of the automotive lightweighting market. The market size, by volume, of automotive lightweighting market by material type – Metals, Composites, Plastics, & Elastomers has been derived by identifying the penetration of material in each vehicle type of each key country. To determine the market size, in terms of volume, of lightweight materials, the average vehicle weight has been multiplied with the country level shares of each lightweight material type considered in the study and then further multiplied with the vehicle production numbers to arrive at the country level lightweight material volume. This country level market size, in terms of volume, of lightweight materials for each vehicle type is then multiplied with the country level average OE price (AOP) (weighted average method used to derive country level prices) of lightweight materials for each material type. This results in the country-level market size, in terms of value. The summation of the country level market gives the regional market and further summation of the regional market provides the global automotive lightweighting market.

While estimating the regional segmentation of the automotive lightweighting market, by material type, the regional shares of automotive lightweight materials have been identified and applied to the regional market size, in terms of volume, of lightweight materials. To calculate the demand for automotive lightweight materials, the average weight of various vehicle segments at a regional level is found and this weight is multiplied with the regional lightweight market size, in terms of volume. The lightweight materials demand is identified in thousand metric tons. With the addition of this regional market size, in terms of volume (thousand metric tons), the automotive lightweighting market has been identified.

Automotive Lightweighting Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Top-Down Approach: Automotive Lightweighting Market

The top-down approach has been used to derive the automotive lightweighting market based on application. The average use of lightweight materials in an application is found for each vehicle type in the region. These market shares of each application are then multiplied with the regional lightweight market to find out the volume by application, in terms of thousand metric tons. All percentage shares, splits, and breakdowns have been determined using secondary paid and unpaid sources, and verified through primary research. All parameters that are said to affect the markets covered in this research study have been accounted for, reviewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The data has been consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in this report. The following figure is an illustrative representation of the overall market size estimation process employed for this study.

Automotive Lightweighting Market Size, and Share

Data Triangulation

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified by primary sources. All parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The following figure is an illustrative representation of the overall market size estimation process employed for this study.

Report Objectives

  • To define, describe, and forecast the automotive lightweighting market in terms of value (USD million) and volume (thousand metric tons) based on the following segments:
    • By Material (Metal (HSS, aluminum, magnesium & titanium), Composite (CFRP, GFRP, NFRP, Others), Plastic (PC, ABS, PA, PP, PU, & Others) and Elastomer (EPDM, NR, SBR & Other))
    • By Application (Body in White, Chassis and Suspension, Powertrains, Closures, Interiors, Others)
    • By Components (Frames, Wheels, Bumpers & Fenders, Engines & Exhausts, Transmission, Doors, Hood & Trunk Lids, Seats, Instrument Panels, Fuel Tanks)
    • By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Trucks, Buses)
    • Electric & Hybrid Vehicle Type (BEV, PHEV, FCEV, Truck, Bus)
    • Electric Vehicle, by Material Type (Metal, Aluminum, Composites (CFRP, GFRP, NFRP & Others), Plastic, Elastomer)
    • UAV, By Material Type (Aluminum, Composites, Plastics, Others)
    • Micro mobility By Material Type (Aluminium, Composites, Plastics and Others)
    • By Region (Asia Pacific, Europe, North America, And Rest of The World)
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the market with Porter’s Five Forces analysis, trade analysis, trends/disruptions impacting buyers, case studies, patent analysis, supply chain analysis, market ecosystem, regulatory analysis, and technology trend
  • To analyze the market share of leading players in the automotive lightweighting market and evaluate the competitive leadership mapping
  • To strategically analyze the key player strategies/right to win and company revenue
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To provide an analysis of recent developments, alliances, joint ventures, mergers & acquisitions, new product launches, and other activities carried out by key industry participants in the automotive lightweighting market

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance with the company’s specific needs.

Automotive Lightweighting Market, By Material Type (Country Level)

  • Metals
    • HSS
    • Aluminum
    • Magnesium & Titanium
  • Composites
    • CFRP
    • GFRP
    • NFRP
    • Other Composites
  • Plastics
    • PC
    • ABS
    • PA
    • PP
    • PU
    • Others
  • Elastomer
    • EPDM
    • NR
    • SBR
    • Others

Micromobility Lightweight Market, By Vehicle Type

  • E-Bikes Lightweighting Market, By Material
    • HSS
    • Aluminium
    • Plastics
    • Elastomers
    • Others
  • E-Moped Lightweighting Market, By Material
    • HSS
    • Aluminium
    • Plastics
    • Elastomers
    • Others
Report Code
AT 3364
Published ON
Jan, 2023
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