Advanced Automotive Materials Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1745 | Report Format : | Status : Upcoming |


Global Advanced Automotive Materials Market: Overview

The basic functionality of using the advanced automotive materials market is to minimize the weight of the vehicle. By reducing the overall weight of the vehicle further, helps in increasing the fuel efficiency and thereby limiting the carbon emissions in the environment. The advanced automotive materials have improved mechanical performance, better dimensional stability than the traditional materials, and elevated service temperature.

Global Advanced Automotive Materials Market: Segmentation

The market for the advanced automotive materials is globally segregated into types of materials and application. Depending on the types of materials, the global market is divided into engineered plastics, composites, metals, and thermoplastic elastomers (TPEs). The metals segment is sub-segmented into powder metals, high-strength steel (HSS), aluminum, stainless steel, and others. The engineered plastics segment is sub-divided into ABS, polyphenylene oxide, nylon, polycarbonate, and others. Thermoplastic elastomers segment is sub-categorized into thermoplastic polyolefin, styrene block copolymer, thermoplastic vulcanizates, thermoplastic polyurethanes, copolyester elastomer, and others. The composites segment is sub-segmented into glass fiber reinforced plastic (GFRP) and carbon fiber reinforced plastic (CFRP). Based on the applications, the market is bifurcated into powertrain, structural, interior, exterior, and others.

Global Advanced Automotive Materials Market: Growth Factors

The key factor that is driving the advanced automotive materials market is the increasing demand from the consumers to reduce the weight of the vehicles which in turn improves the fuel efficiency thus leading to reduced emissions of carbon dioxide. The growing focus towards durability, safety, vibration, and noise by changing the conventional materials are other significant driving factors for the growth of the global market. The improvements that are made in resins and metal alloys, and the new process technologies helps in increasing the popularity of advanced automotive materials manufacturing, thus fuelling the market growth. The strength provided by the advanced automotive materials is better as compared to the other materials which help in facilitating the absorption of higher energy during the crash. The factors that hamper the growth of advanced automotive materials market are increasing limited raw material, particularly for engineered plastics, pressure for materials recycling, and lack of the awareness regarding the benefits of advanced automotive materials.

Global Advanced Automotive Materials Market: Regional Analysis

The geographical segmentation of the global advanced automotive materials market is diversified into Asia Pacific, North America, Western Europe, Eastern Europe, the Middle East and Africa, and Latin America. The region that is dominating the advanced automotive materials market is the North America. The U.S. accounted for the largest market share in the North America region for the advanced automotive materials. Asia-Pacific region is estimated to become a good lucrative regional market for the market players having good opportunities in the coming years. Sizeable population, strict regulations about the emission, economic development, growing knowledge about the systems that are eco-friendly, and the advantages of good fuel efficiency are the foremost factors that are driving the growth of the market for advanced automotive materials in this region.

Global Advanced Automotive Materials Market: Competitive Players

The key market players that are involved in the advanced automotive materials market include National Steel, DuPont, A. Schulman, Norsk Hydro, ThyssenKrupp AG, ArcelorMittal S.A., AK Steel, General Electric, Bayer AG, Alcoa, Johnson Matthey, Toray Industries Inc., Novelis Inc., among others.

Global Advanced Automotive Materials Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Heavy-Duty Trucks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4243 | Report Format:

Global Heavy-Duty Trucks Market: Overview Heavy-duty trucks are used for goods transport and are used in transportation activities across myriad sectors such as farming, mining, logistics, and construction. Today, truck service providers are highlighting on increasing their truck fleet coupled w...Read More

Industrial Agitator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4231 | Report Format:

Global Industrial Agitator Market: Overview Industrial agitators are the equipment that is used to process various products in the pharmaceutical, chemical, personal care cosmetic, and food sectors. These instruments are used to integrate the liquids, improve heat transfer, preserving storing ...Read More

Submarine Combat System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4228 | Report Format:

Global Submarine Combat System Market: Overview The submarine combat system is one of the four divisions of underwater warfare. Additionally, the main parts of submarine combat system include nuclear diesel submarines, nuclear armaments, advanced sensors, and missiles. Regulatory bodies set up ...Read More

Abrasive Wheels Market by Product (Bonded Wheels and Super Abrasive Wheels) and by Material Type (Aluminum Oxide, Zirconia Alumina, Silicon Carbide, and Ceramic Aluminum Oxide): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Jun-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4206 | Report Format:

The report covers a forecast and an analysis of the abrasive wheels market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion). The study includes the drivers and restraints of the global abrasi...Read More

Glass Filled Nylon Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4176 | Report Format:

Global Glass Filled Nylon Market: Overview Glass-filled nylon also referred to as glass-filled plastic is a composite substance that can be molded as per the particular applications. The product is used to manufacture myriad kinds of structural parts through compression molding. It exhibits stre...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.