자동차 경량 재료 시장 예측( -2030년) : 차종별, 재료별, 부품별, 제조 공정별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Automotive Lightweight Materials Market is accounted for $86.99 billion in 2024 and is expected to reach $141.93 billion by 2030 growing at a CAGR of 8.5% during the forecast period. Automotive lightweight materials are crucial in the automotive industry's pursuit of greater fuel efficiency, reduced emissions, and enhanced vehicle performance. These materials, which include magnesium alloys, aluminum, carbon fiber composites, and advanced high-strength steels, help vehicles weigh less overall while preserving or enhancing their safety and structural integrity. By using lightweight materials, automakers can create cars that are more energy-efficient, meet stricter environmental standards, and use less fuel.

According to research published in the journal Composites Science and Technology, the use of carbon fiber composites in automotive applications can indeed lead to weight reductions of up to 50%, which significantly improves fuel efficiency.

Market Dynamics:

Driver:

Growing need for fuel efficiency

The automotive market is still driven by consumer demand for reduced operating costs and increased fuel efficiency. Customers are choosing more fuel-efficient cars as a result of rising fuel prices and growing awareness of the negative environmental effects of conventional vehicles. By lowering the total weight of cars, lightweight materials like carbon fiber, magnesium, and aluminum help to increase fuel efficiency. Additionally, better power-to-weight ratios result from this reduction, allowing engines to run more effectively and use less fuel, which lowers consumer operating costs and improves vehicle performance.

Restraint:

Restricted access to advanced materials

Some of the more sophisticated lightweight materials, like carbon fiber and magnesium alloys, are still harder to obtain because of their limited production capacities, even though materials like aluminum and high-strength steel are becoming more widely available. Meeting the growing demand is made more challenging by the specialized manufacturing techniques needed to produce these materials in large quantities. Furthermore, the supply of high-quality materials might not be able to keep up with the demand for mass production as automakers try to use these materials in more vehicle models.

Opportunity:

Creation of high-performance materials for sports and luxury automobiles

Lightweight materials, like carbon fiber, are valued not only for their strength-to-weight ratio but also for their ability to improve the performance of high-end vehicles by improving acceleration, handling, and braking. Manufacturers of luxury and sports cars are increasingly adopting advanced composites and alloys to create vehicles that offer better power-to-weight ratios and superior performance. Moreover, the automotive industry's shift toward lightweight materials is especially noticeable in luxury and sports cars, where performance and aesthetics are paramount.

Threat:

Competition from conventional materials

Despite the advantages of lightweight materials, the automotive industry continues to use traditional materials like steel and cast iron because of their robustness, lower cost, and established manufacturing processes. Because it is inexpensive, strong, and simple to produce in large quantities, steel is still the material of choice for mass-market automobiles. Additionally, for conventional vehicles, where cost is a key determining factor, lightweight materials might not always make a strong case, even though they have benefits in certain market segments, such as luxury or electric vehicles.

Covid-19 Impact:

The market for automotive lightweight materials was significantly impacted by the COVID-19 pandemic, which also caused supply chain disruptions in the entire automotive industry. Manufacturing closures, a lack of workers, and delays in raw material delivery made it difficult to produce lightweight materials, which resulted in a shortage of supplies and a delay in the production of vehicles. Automobile sales also slowed, and the adoption of new technologies, such as lightweight materials, was temporarily halted due to decreased consumer demand for vehicles, especially in the early phases of the pandemic. However, as automakers turned their attention to electric vehicles and environmentally friendly solutions after the pandemic, the pandemic also brought attention to the significance of sustainability and fuel efficiency, which strengthened the long-term demand for lightweight materials.

The Passenger Vehicles segment is expected to be the largest during the forecast period

The Passenger Vehicles segment is expected to account for the largest market share during the forecast period due to the increased focus on enhancing consumer vehicles' performance, sustainability, and fuel efficiency, this market segment represents a sizeable amount of demand. In order to reduce weight, improve fuel efficiency, and comply with strict environmental regulations, lightweight materials like composites, high-strength steel, and aluminum are being used more and more in passenger cars. Furthermore, the market dominance of the passenger vehicle segment is strengthened by automakers' investments in lightweight solutions in response to consumer demand for more environmentally friendly, fuel-efficient, and high-performance vehicles.

The Composite segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the Composite segment is predicted to witness the highest growth rate. Composites, like fibreglass and carbon fiber-reinforced plastics (CFRP), are becoming increasingly popular because of their superior strength-to-weight ratio, resistance to corrosion, and adaptability in design. These materials are particularly well-liked in luxury cars, electric vehicles (EVs), and high-performance vehicles, where it's crucial to reduce weight without sacrificing performance or safety. Moreover, continuous improvements in manufacturing processes, cost-cutting measures, and the growing need for lightweight, environmentally friendly materials in the automotive industry are the main drivers of the segment's explosive growth.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share. Lightweight materials like aluminum, composites, and high-strength steel are in high demand due to the region's strong focus on fuel efficiency, strict emissions regulations, and the growing popularity of electric vehicles (EVs). North America's dominant market position has also been cemented by the presence of major players in the automotive and material supply industries, as well as significant investments in research and development for advanced materials. Additionally, the region's leadership in the adoption of lightweight materials in automotive manufacturing is further supported by the growing push for sustainability and environmental responsibility.

Region with highest CAGR:

Over the forecast period, the Asia-Pacific region is anticipated to exhibit the highest CAGR. The automotive industry's explosive growth in nations like China, India, and Japan is the main driver of this expansion. Adoption of lightweight materials like aluminum, composites, and high-strength steel is accelerating due to the region's growing demand for environmentally friendly, fuel-efficient vehicles and strict emission regulations. Furthermore, the region is the fastest-growing market for advanced lightweight materials due to its competitive manufacturing environment, substantial investments in automotive innovation, and infrastructure.

Key players in the market

Some of the key players in Automotive Lightweight Materials market include Celanese Corporation, Henkel AG & Co. KGaA, Teijin Limited, LyondellBasell Industries Holdings B.V., BASF SE, Novelis, Inc., Solvay S.A., Tata Steel Limited, Evonik Industries, Mitsubishi Chemical Corporation, Toray Industries, Inc., Hindalco Industries Limited, Covestro AG, Alcoa Corporation and Stratasys Ltd.

Key Developments:

In July 2024, BASF and ENGIE signed a 7-year Biomethane Purchase Agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7 to 3.0 terawatt hours of biomethane throughout the term of the agreement. BASF uses certified biomethane at its Ludwigshafen/Germany and Antwerp/Belgium sites as a sustainable alternative to fossil raw materials in its manufacturing process.

In February 2024, Henkel opens new tab has agreed to acquire U.S.-based protective coating and sealing solutions firm Seal for Life Industries as it sees growing demand in repairing and maintenance, the German consumer goods. The U.S. firm that employs more than 650 people offers coating solutions that can be applied in repairing and maintaining infrastructure assets including pipelines and piles.

In June 2023, Celanese Corporation announced the signing of a definitive agreement to form a Food Ingredients joint venture under the name Nutrinova. Celanese will contribute the assets, technology and employees of its Food Ingredients business while retaining a 30 percent stake in the joint venture.

Vehicle Types Covered:

• Passenger Vehicles
• Light Commercial Vehicles
• Trucks
• Buses

Materials Covered:

• Metal
• Composite
• Plastic
• Elastomer
• Other Materials

Components Covered:

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

Manufacturing Processes Covered:

• Injection Moulding
• Compression Moulding
• Resin Transfer Moulding (RTM)

Applications Covered:

• Body in White
• Chassis and Suspension
• Powertrains
• Closures
• Interiors
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Automotive Lightweight Materials Market, By Vehicle Type

• 5.1 Introduction
• 5.2 Passenger Vehicles
• 5.3 Light Commercial Vehicles
• 5.4 Trucks
• 5.5 Buses

6 Global Automotive Lightweight Materials Market, By Material

• 6.1 Introduction
• 6.2 Metal
• 6.3 Composite
• 6.4 Plastic
• 6.5 Elastomer
• 6.6 Other Materials

7 Global Automotive Lightweight Materials Market, By Component

• 7.1 Introduction
• 7.2 Frames
• 7.3 Wheels
• 7.4 Bumpers & Fenders
• 7.5 Engines & Exhausts
• 7.6 Transmission
• 7.7 Doors
• 7.8 Hood & Trunk Lids
• 7.9 Seats
• 7.10 Instrument Panels
• 7.11 Fuel Tanks

8 Global Automotive Lightweight Materials Market, By Manufacturing Process

• 8.1 Introduction
• 8.2 Injection Moulding
• 8.3 Compression Moulding
• 8.4 Resin Transfer Moulding (RTM)

9 Global Automotive Lightweight Materials Market, By Application

• 9.1 Introduction
• 9.2 Body in White
• 9.3 Chassis and Suspension
• 9.4 Powertrains
• 9.5 Closures
• 9.6 Interiors
• 9.7 Other Applications

10 Global Automotive Lightweight Materials Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Celanese Corporation
• 12.2 Henkel AG & Co. KGaA
• 12.3 Teijin Limited
• 12.4 LyondellBasell Industries Holdings B.V.
• 12.5 BASF SE
• 12.6 Novelis, Inc.
• 12.7 Solvay S.A.
• 12.8 Tata Steel Limited
• 12.9 Evonik Industries
• 12.10 Mitsubishi Chemical Corporation
• 12.11 Toray Industries, Inc.
• 12.12 Hindalco Industries Limited
• 12.13 Covestro AG
• 12.14 Alcoa Corporation
• 12.15 Stratasys Ltd.