Lucintel anticipates global automotive lightweight materials market to grow at a CAGR of 8.1%
Due Diligence , Mass Transportation, Strategic Growth Consulting
The global automotive lightweight materials market is expected to grow at a CAGR of 8.1% during 2014-2019. The major drivers of the global automotive lightweight materials market are government regulations on vehicles conforming to minimum guaranteed mileage (miles per gallon) and emission standards, growing emphasis on stringent safety regulations, continued uptick in vehicle production, progressive shift towards use of lightweight materials in lieu of traditional materials resulting in fuel economy, with increasing gasoline prices.
Lucintel, a leading global management consulting and market research firm, has analyzed the global automotive lightweight materials market by material types in four different regions and has come up with a comprehensive research report, “Global Automotive Lightweight Materials Market 2014-2019: Trends, Forecast, and Opportunity Analysis”. This report provides an analysis of the global automotive lightweight materials market by value and volume, including an analysis of the market trends, competitive landscapes, company profiles, emerging trends, and key drivers of market growth. The study also includes global automotive lightweight materials market forecast through 2019, categorized as follows:
The global automotive lightweight materials market segmented by material type:
• Advanced High-Strength Steel (AHSS)
• Thermosetting Composites
• High Performance Polymers
The global automotive lightweight materials market segmented by region:
• North America
• Asia Pacific
• Rest of World
On the basis of its comprehensive research, Lucintel forecasts that the global automotive lightweight materials market is expected to register high growth during 2014-2019. The aluminum materials segment is likely to dominate in the global automotive lightweight materials market during the forecast period. ArcelorMittal SA, Bayer MaterialScience AG, ThyssenKrupp AG, Alcoa Inc., and Novelis Inc. are some of the suppliers of lightweight materials for various applications in the automotive industry.
This 221-page research report will enable you to make confident business decisions in the global automotive lightweight materials market. For a detailed table of contents and pricing information on this timely, insightful report, click on this link http://www.lucintel.com/reports/mass_transportation/automotive_lightweight_materials_market_2014_2019_trends_forecast_and_opportunity_analysis_january_2015.aspx or contact Lucintel at +1-972-636-5056, or via email at [email protected] Lucintel offerings include Mass Transportation, Transportation Market Report, Strategic Growth Consulting, Capital Investment Analysis and Due Diligence. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat, located on the website, to answer your questions in real time.
Lucintel, the premier global management consulting and market research firm, creates winning strategy for growth, whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.
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