Automotive Lightweight Material Market to Surpass a Notable CAGR At 5.0% by 2028Posted by Arslan on July 8th, 2019 As per the current market trends and the promising nature of the automotive lightweight material market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, FACTMR would be publishing a resourceful analysis that will enclose knowledge about the regional automotive lightweight material market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during 2019-2028, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report. Get a Free Sample Report from Here – https://www.factmr.com/connectus/sample?flag=S&rep_id=3423 Automotive Lightweight Material Market – Key Insights
Automotive Lightweight Material Market – Notable Developments
Other key players operating in the automotive lightweight material market include United States Steel Corporation, ThyssenKrupp AG, Formosa, Trinseo, LG Chem, JSR, Eastman, Alerisw International, Guirt Holding AG, SGL Carbon SE, Teijin Limited, Hunstman, ExxonMobil, Covestro, Mitsubishi, DowDupont, DSM, Solvay, SSAB AB, Ak Steel Holding Corp, Nucor Corp, Trinseo, Luxfer, Kaiser, Hindalco, Braskem, UFP Technologies, Owen Corning, Asahi Kasei Corporation, Ineos, Chevron Phillips, SABIC, Toray, Celanese, BASF, POSCO, Baoshan Iron & Steel Co., Ltd, and ArcelorMittal SA. Additional Insights Steel Remains Sought-after among Automotive Lightweight Materials The study opines that steel will account for a sizeable share of the automotive lightweight materials market. Steel sales for lightweight automotive components surpassed 34 kilotons in 2018, and are estimated to record at a volume CAGR of 3.9% through 2028. Sales of the automotive lightweight materials will remain comparatively robust in the production of passenger cars, accounting for a significant volume share in 2018. Additionally, growing incorporation of the automotive lightweight materials in manufacturing the engine, exterior components, and interior components of luxury cars will continue to underpin the sales of automotive lightweight materials in the near future. Research Methodology In-depth analysis and exhaustive insights provided in the FactMR report on global automotive lightweight material market is a result of a two-step research process that involves primary and secondary resources. In the secondary research methodology, trade journals, paid resources, company annual reports, press releases and other publications related to automotive lightweight material market were studied in order to gain information and market size data. Like it? Share it!More by this author |