Global Automotive Lightweight Materials Market size is projected to be valued $41 Billion by 2024; with a CAGR of 9.2% from 2017 to 2025. The lightweight materials are used to decrease the weight of aircrafts, automotive, and windmills without affecting the strength and proficiency of the structure. They are mixture of metal-alloys and composites and have high strength to weight ratio, greater design flexibility, and exceptional corrosion resistance. They find extensive applications in several industries such as aerospace and automobile, among others. The market poses huge opportunities in passenger cars, light commercial vehicles, and heavy commercial vehicles.
The lightweight materials are the mixture of metal-alloys and composites. They are used to decrease the weight of aircrafts, automotive, and windmills without affecting the strength and proficiency of the structure.
Global Automotive Lightweight Materials Market is estimated to reach $169.6 billion by 2024; growing at a CAGR of 12.5% from 2016 to 2024. The lightweight materials are the mixture of metal-alloys and composites.
The Global Automotive Suspension Market was valued at US$ 43.03 billion in 2021 and is predictable to reach US$ 57.56 billion by 2030 which is projected to attain a CAGR of 3.3% during the forecast period from 2021- 2030. Automotive suspension comprises a system of springs, shock absorbers, struts, control arms, and ball joints that connect the vehicle to the wheel and allow relative motion between the two. The camber of the wheel, castor of the hub, the toe of the vehicle, and kingpin inclination of the control arms all influence the geometry and system utilized to design suspension.
APAC Automotive Lightweight Materials Market Size is to witness steady growth by 2026. The market is driven by the rising investments for developing lightweight and cost efficient automotive. The growing need for reducing overall weight of automobile can be attributed towards minimizing fuel consumption per liter. Consumer awareness regarding lowering CO2 and other greenhouse emission has surged the need for developing hybrid and electric vehicles. Moreover, rising inflow of foreign investments in the region will positively contribute towards industry expansion.
The global automotive lightweight material market size is accounted to grow at a CAGR of around 7% during the forecast period 2021 to 2027. The increasing demand for weight reduction for vehicle performance is a primary factor to drive the market growth. The increasing demand to enhance strength, improved control, and fuel efficiency for automotive are some other factors to boost the market. Furthermore, stringent government regulation regarding emission control is projected to increase the demand for lightweight materials for manufacturers. Carbon fiber is a material used by global automotive manufacturers to reduce vehicle weight while maintaining strength. However, high raw material costs and complex manufacturing processes are some factors to restrain the market growth.
TechNavio's analysts forecast the Global Automotive Lightweight Materials market to grow at a CAGR of 14.47 percent over the period 2013-2018. One of the key factors contributing to this market growth is the stringent laws and regulations pertaining to the environment. The Global Automotive Lightweight Materials market has also been witnessing the increasing use of high-strength plastics. However, the volatile prices of raw materials could pose a challenge to the growth of this market. Detailed report at: http://www.reportsandintelligence.com/global-automotive-lightweight-materials-2014-2018-market
Global Automotive Lightweight Materials Market size is estimated to grow at a double digit CAGR in the projected period due to increasing demand for improving safety and performance in vehicles along with enhancing fuel economy. Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/3315
Goldstein Research analyst forecast that the global biopolymer packaging market size is set to reach USD 259.6 billion by 2024 growing at a CAGR of 6.6% over the forecast years. To get more details read our report: https://www.goldsteinresearch.com/report/global-lightweight-material-market
The automotive NVH materials market was valued at $7.7 billion in 2017 and is estimated to reach $12.6 billion by 2024. This market is also expected to observe a CAGR of 7.3% during the forecast period. Increasing shifting trend of consumers towards comfortable and eco-friendly cars there are several automobile manufacturers who have steadily started utilizing natural constituents such as soya and sugarcane for the enlargement of bio-based polyurethane. Moreover, the utilization of bio-based polyurethane is the major trend witnessed in the growth of global automotive NVH materials market.
The Growth In Lightweight Materials Markets Is Driven By An Increase In The Piercing Of Lightweight Components Which Is To Drive The Market At A CAGR Of More Than 6.5%
Automotive plastics market size is likely to exceed 18 million tons by 2022, growing at a CAGR of over 9.5% from 2015 to 2022.Major companies include Dow Chemical, Johnson Control, Evonik Industries, AkzoNobel N.V. and Delphi Automotive. Automotive plastics market is to be worth more than 52 billion by 2022, growing at an CAGR of over 13.5%. Stringent regulation to reduce vehicle weight and curb carbon emissions is likely to drive automotive plastics market.Automotive plastics market
Automotive lightweight material market will registergrowth rate of 7.20% for the forecast period of 2020 to 2027.Increasing trend of vehicle electrification is expected to enhance the market growth.
Global automotive polycarbonate glazing market is estimated to grow with approx. 14.71% CAGR during the year 2019-2027 and is expected to gain $ 6366 million until the year 2027.
The next five years for the leaf spring market in the automotive industry seems attractive with significant growth opportunities in both, OE as well as aftermarket segments. The market for automotive leaf springs is set to reach an estimated value of US$ 5.8 billion in 2024, witnessing a healthy growth in the coming years.
More Information @ https://bit.ly/3e9r9vl automotive NVH materials market is categorized into polypropylene, rubber, polyamide, polyurethane, and polyvinyl chloride. Among these, rubber materials are anticipated to record exponential growth
Automotive Fastener Market by Characteristics (Removable, Permanent, Semi-Permanent), Products (Threaded, Non-Threaded), Material Type (Stainless Steel, Plastic, Aluminum), Application, Electric Vehicle Type, and Region - Global Forecast to 2025
The global lightweight materials market in terms of value is estimated to witness a growth at a CAGR of 7.0% between 2017 and 2023. https://www.bharatbook.com/materials-chemicals-market-research-reports-644570/global-lightweight-materials-analysis.html
Zeolite Molecular Sieves Market size is forecast to reach $4.39 billion by 2025, after growing at a CAGR of 5.65% during 2020-2025. Increasing demand for oil and gas processing is expected to drive the market together with increased awareness for the treatment of hazardous organic materials in wastewater.
More Information @ http://bit.ly/2jfY6uN Automotive Exterior Materials Market size will witness a significant growth owing to need for better aerodynamics designs in order to improve fuel efficiency and reduce overall weight.
The Double Sided Tape Market size is forecast to reach $14 billion by 2025, growing at a CAGR of 7.11% during 2020-2025. The boom in the demand for acrylic foam based double sided tapes in the automotive industry is fueling the demand for double sided tapes in the market. Furthermore, the markets for medical assembly is boosting the consumption of double sided tapes.
Israel automotive market is anticipated to grow at a CAGR of 7.0% during the forecast period. In 2015, total 260,200 units of vehicles were sold in Israel and the total vehicle sales in Israel reached 292,700 units and increased by 11.1% in 2016 as compared to 2015. In 2015, Israel exported over USD 3.22 billion cars mainly in the USA, Europe and Asia-Pacific region.
Statistics of Polyphthalamide Resin Market Materials Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.
Automotive Plastics Market: By Type (Polypropylene, Polyurethane, PVC, Acrylonitrile-Butadiene-Styrene (ABS), Polyamide, Polycarbonate, Polymethyl Methacrylate and Others), By Application (Interior, Exterior, Under the hood, Powertrain, Drivetrain, Instruments Panel, Electronics, Others), and By Region - Global Forecast Till 2023
Global Metal Powder Market Research: Information By Types (Non-Ferrous, Ferrous) Production Method (Physical, Chemical And Mechanical) Compaction Technique (Cold, Hot) End-Use Industry (Transportation, Construction) – Forecast Till 2023
The global automotive adhesives & sealants market is expected to reach USD 13.6 billion by 2024 and is also expected to witness CAGR of 6.1% during the forecast period 2018 – 2024. It has been observed that automobile manufacturers are majorly concentrating upon automotive constituents that are developed from thermoplastic elastomers to upgrade automobiles performance and manufacture vehicles that are lightweight. Moreover, increasing concerns about greenhouse gas emissions and fuel consumption is projected to bolster the demand for automotive adhesive and sealants market in passenger as well as commercial vehicles in the near future. Increasing regulations for fuel by the government agencies, enhanced emphasis upon the utilization of insubstantial constituents and increased prominence upon safety norms and regulations are the major factors that are driving the growth of global automotive adhesive and sealants market.
Global Automotive Wheels Aftermarket Market is expected to rise from its initial estimated value of USD 3.47 billion in 2018 to an estimated value of USD 4.65 billion by 2026, registering a CAGR of 3.75% in the forecast period of 2019-2026. Increasing demand for lightweight material is the major factor for the growth of this market.
Global Structural Core Materials Market: Information by Product (Foam, Balsa, and Honeycomb), Skin Type (GFRP, CFRP, and NFRP), End-Use Industry (Aerospace, Automotive, Wind Energy, Marine), and Region—Forecast till 2023
Global Low Profile Additives Market Overview: The global low profile additives market is primarily driven by the increasing use of these additives in the automotive industry. Low Profile Additives Market: Information by Technique (SMC, BMC, RTM), Product (PVA, PMMA, PS, HDPE), End-Use Industry (Automotive, Construction, Military & Aerospace, Electronics, Consumer Products & Home Appliances), Region—Forecast till 2023. The use of low profile additives in automobiles makes them lightweight yet strong, and therefore more efficient and durable. Free Sample Request for This Report @ https://www.marketresearchfuture.com/sample_request/6221
Global Automotive Adhesive Tapes Market Size is estimated to cross USD 12.37 billion by 2025, owing to its increasing demand from automotive sector in in developing economies.
The global automotive adhesives market is primarily driven by the expanding automotive industry and the escalating demand for high-end vehicles. In addition, there has been widespread adoption of hybrid and electric vehicles (EVs) due to rising environmental concerns. Get a PDF Sample for more detailed market insights: Visit the following link: https://www.imarcgroup.com/automotive-adhesives-market E-mail: sales@imarcgroup.com Contact: +91-120-415-5099
An extensive study of the product application and services conducted by subject matter experts assessing the market will help product owners to make a wise decision.
The Global Automotive Interior Trims Market was valued at US$ 24.82 billion in 2021 and is predictable to reach US$ 38.25 billion by 2030; growing at a CAGR of 4.9 % during the forecast period, i.e., from 2021 - 2030. The vehicle’s interior is an important factor responsible for the consumers to purchase the vehicle which comprises various components such as door panels, automotive seats, headliners, cockpit modules among others. Such components deliver the consumer grip, comfort, and sound insulation.
More Information @ http://bit.ly/2FtAr3G Increasing usage of lightweight materials with implementation of cost effective measures to reduce carbon emission are the key factors driving the automotive composites market size.
The global high strength steel market size was valued at over USD 32 billion in 2020 and anticipated to register a significant CAGR of over 8% during the forecast period 2021 to 2027. The increasing demand by the construction and automotive industry is a primary factor to drive the market growth. High strength steel reduces the amount of steel required to manufacture various auto parts which are making vehicles lightweight. Thus, the rising demand for lightweight automotive materials is expected to uplift the market growth. Furthermore, increasing demand for electric vehicles and manufacturer’s focus on green technology are some other factors to fuel the market over the forecast period.
Global Advanced Materials Market is estimated to reach $115.2 billion by 2025; growing at a CAGR of 10.6% from 2017 to 2025. Advanced materials are identified to have excellent qualities as related to traditional materials.
According to the report by Renub Research, titled “Automotive Air Suspension Market, Global Forecast, Impact of Coronavirus, Industry Trends, Growth, Opportunity, Company Analysis” the Global Automotive Air Suspension Market is projected to reach US$ 9.13 Billion by 2027. Suspensions play a pivotal role in-vehicle comfort and handling. An automotive air suspension system is a vehicle suspension powered by an electric pump or compressor that pumps air into flexible bellows typically made out of a textile-reinforced kind of rubber.
Tooling resin market is likely to witness an impressive CAGR of 6.7% during the forecast period. The prime factor that is contributing to the demand for tooling resin is the increasing demand for tooling boards used for making aerospace and automotive part’s prototypes and increasing penetration of 3D printing technologies in various industries. Read More at https://www.stratviewresearch.com/1522/tooling-resin-market.html
Unsaturated polyester resin (UPR) market size is anticipated to exceed 7.5 million tons by 2022, at an estimated CAGR of over 6.2%. Major companies in UPR industry include BASF, CCP Composites, Ashland, Dow and Changzhou New Solar Co. Ltd.
Flat Glass Market size is forecast to grow from over 72 million tons in 2015 at more than 6.5% CAGR up to 2023. • North America, driven by U.S. flat glass market in architectural projects, was valued at over USD 6.5 billion in 2015.• Global flat glass market share is highly fragmented and competitive. Saint Gobain, Asahi, NSG, CSG Architectural, Xiny Auto, Sisecam, Schott and Corning are among notable industry players. Other prominent participants include Astrocam, PPG Industries, Dillmeier, Syracuse, Cardinal, Scheuten. Interpane and Sangalli.
Asia Pacific Automotive Plastics Market share is projected to reach $25 Billion by 2024, increasing production of passenger vehicles along with manufacturer’s inclination towards reducing vehicle weight should drive Asia Pacific automotive plastics market demand.
It has been predicted that plastic fillers market size will exceed US$14.5 billion by 2026, with surging demand across automotive and construction applications.
Tow Prepreg Market is likely to witness an impressive CAGR of 10.0% during the forecast period. The growing demand from various industries such as aerospace & defense, automotive & transportation, and oil & gas is the main factor contributing to the growth of the tow prepreg market.
Adhesive films are also used in plastic and composite parts of automobiles. The growing automotive market has further boosted the automotive Adhesive Film Market globally.
North American Automotive Headliners Market size is anticipated to exceed USD 2.8 billion by 2026, according to a latest forecast report by Graphical Research. The increasing production of automobiles and the rising focus on weight reduction along with carbon footprint alleviation are some of the key factors estimated to drive the automotive headliners market growth. North America produced over 12.8 million motor vehicles in 2019 and the U.S. was the major producer with 10.9 million vehicles.
Asia Pacific Automotive Heat Shield Market Size is estimated to cross USD 1.3 billion by 2026. A substantial amount of heat released by cars containing internal combustion engines and a rising need to prevent radiant heat damages to vehicles are expected to propel the APAC automotive heatshield market size. The growing acceptance of catalytic converters & powerful engines and an increasing trend toward the adoption of electric vehicles are significantly contributing to the application of heatshields in automobiles. Increasing restrictions imposed by government authorities in the region are further pushing manufacturers to develop vehicles with controlled emissions and noise reduction.
The automotive closure market size is valued at USD 16.42 Billion in 2016 and is projected to grow at a CAGR of 7.75% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.
Glazing Market report categorizes the global market by Polycarbonate Material, Application (Sidelite, Backlite, Lighting), Advanced Application (HUD, Switchable & Hydrophobic Glazing), On-Highway & Off-Highway Vehicles, and by Region