자동차 경량화 재료 및 복합재료 시장 예측(-2032년) : 차종별, 재료 유형별, 복합재료 유형별, 제조 공정별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Lightweight Automotive Materials & Composites Market is accounted for $97.7 billion in 2025 and is expected to reach $114.6 billion by 2032 growing at a CAGR of 2.3% during the forecast period. Lightweight Automotive Materials & Composites are advanced materials engineered to reduce vehicle weight while maintaining strength, safety, and performance. They include carbon fiber composites, aluminum alloys, magnesium, and high-strength plastics. By lowering mass, they improve fuel efficiency, extend electric vehicle range, and reduce emissions. Composites offer design flexibility, crash resistance, and durability, enabling innovative structures in body panels, chassis, and interiors. These materials balance cost, manufacturability, and sustainability, supporting global automotive trends toward electrification and efficiency.

Market Dynamics:

Driver:

OEM focus on vehicle lightweighting

Stringent fuel-efficiency regulations and emission reduction mandates, OEM focus on vehicle lightweighting remains a primary growth catalyst for the lightweight automotive materials and composites market. Automakers are increasingly adopting aluminum, high-strength steel, magnesium alloys, and advanced composites to reduce curb weight while maintaining structural integrity and crash performance. This shift is further reinforced by the need to enhance driving range in electric vehicles, improve overall vehicle dynamics, and comply with evolving global sustainability standards.

Restraint:

High material substitution and tooling costs

High material substitution and tooling costs, market expansion faces notable challenges, particularly for mass-market vehicle platforms. Lightweight materials often require advanced manufacturing processes, specialized tooling, and redesign of vehicle architectures, increasing upfront capital expenditure. Additionally, compatibility issues with existing assembly lines and higher repair costs compared to conventional steel limit rapid adoption. These cost and integration complexities can slow penetration, especially among price-sensitive OEMs and emerging automotive markets.

Opportunity:

Rising electric and hybrid vehicle production

Rising electric and hybrid vehicle production, the market is poised to unlock significant growth opportunities. Lightweight materials play a critical role in offsetting heavy battery packs, extending vehicle range, and improving energy efficiency. Governments supporting EV adoption through incentives and charging infrastructure investments further amplify demand. Advancements in recyclable composites and multi-material integration technologies are also creating new avenues for suppliers to partner with OEMs and expand into next-generation mobility platforms.

Threat:

Price volatility of carbon fiber

Threatened by price volatility of carbon fiber and other advanced raw materials, market stability remains exposed to supply-demand imbalances. Limited production capacity, energy-intensive manufacturing, and dependence on specialized precursor materials can lead to sharp price fluctuations. Such volatility increases procurement risk for OEMs and Tier-1 suppliers, potentially delaying long-term contracts. Additionally, the emergence of alternative lightweighting technologies may intensify competitive pressure across material segments.

Covid-19 Impact:

The COVID-19 pandemic temporarily disrupted the lightweight automotive materials and composites market due to plant shutdowns, supply chain interruptions, and reduced vehicle production volumes. Demand contraction from OEMs led to deferred material orders and delayed R&D programs. However, post-pandemic recovery has been supported by renewed vehicle electrification strategies and resilience-focused supply chain restructuring. The crisis also accelerated automation and localization initiatives, strengthening long-term operational efficiency across the value chain.

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, resulting from high global production volumes and strong demand for fuel-efficient personal mobility solutions. Increasing adoption of lightweight materials in sedans, SUVs, and compact cars supports improved performance, safety, and emission compliance. The rapid penetration of electric passenger vehicles further reinforces material demand, as OEMs prioritize lightweighting to maximize driving range and battery efficiency.

The high-strength steel segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the high-strength steel segment is predicted to witness the highest growth rate, propelled by its optimal balance between cost, strength, and weight reduction. Compared to aluminum and carbon fiber, high-strength steel offers easier integration into existing manufacturing lines and superior recyclability. Continuous innovations in advanced high-strength steel grades enable automakers to achieve lightweighting targets without significant cost escalation, driving widespread adoption across vehicle platforms.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to high automotive production capacity in China, Japan, South Korea, and India. Strong OEM presence, expanding EV manufacturing, and government initiatives supporting lightweight and fuel-efficient vehicles drive regional demand. Cost-competitive manufacturing ecosystems and increasing investments in advanced material technologies further position Asia Pacific as the dominant regional market.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with rapid electrification of vehicle fleets and stringent fuel economy standards. Strong R&D investments, early adoption of advanced composites, and presence of leading material suppliers support accelerated growth. Additionally, rising demand for lightweight materials in electric trucks and SUVs, coupled with reshoring of automotive manufacturing, strengthens the region's growth outlook.

Key players in the market

Some of the key players in Lightweight Automotive Materials & Composites Market include Toray Industries, Inc., Teijin Limited, Hexcel Corporation, SGL Carbon SE, BASF SE, Covestro AG, Lanxess AG, Solvay S.A., Mitsubishi Chemical Group, Owens Corning, ArcelorMittal, Alcoa Corporation, Constellium SE, Norsk Hydro ASA, Magna International Inc., Dow Inc., DSM-Firmenich AG, and Hyosung Advanced Materials

Key Developments:

In November 2025, Owens Corning launched new glass fiber composites for automotive applications. These materials improve durability, lightweighting, and sustainability, reinforcing Owens Corning's leadership in advanced composites for mobility solutions.

In September 2025, Solvay S.A. showcased new thermoplastic composites for EV battery enclosures and structural parts. These innovations emphasized lightweighting, durability, and sustainability, reinforcing Solvay's leadership in advanced automotive composites.

In August 2025, Lanxess AG introduced lightweight polymer additives and flame-retardant composites for automotive interiors. The company emphasized safety, sustainability, and performance, strengthening its role in advanced automotive materials.

Vehicle Types Covered:

• Passenger Vehicles
• Commercial Vehicles
• Electric Vehicles
• Hybrid Vehicles

Material Types Covered:

• Aluminum Alloys
• Magnesium Alloys
• High-Strength Steel
• Carbon Fiber Composites
• Glass Fiber Composites
• Natural Fiber Composites

Composite Types Covered:

• Thermoset Composites
• Thermoplastic Composites
• Hybrid Composites
• Metal Matrix Composites

Manufacturing Processes Covered:

• Injection Molding
• Compression Molding

Applications Covered:

• Body-in-White
• Chassis & Suspension
• Powertrain Components
• Interior Components
• Exterior Components
• Battery Enclosures & EV Structures

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 2024, 2025, 2026, 2028, and 2032
• 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 Lightweight Automotive Materials & Composites Market, By Vehicle Type

• 5.1 Introduction
• 5.2 Passenger Vehicles
• 5.3 Commercial Vehicles
• 5.4 Electric Vehicles
• 5.5 Hybrid Vehicles

6 Global Lightweight Automotive Materials & Composites Market, By Material Type

• 6.1 Introduction
• 6.2 Aluminum Alloys
• 6.3 Magnesium Alloys
• 6.4 High-Strength Steel
• 6.6 Carbon Fiber Composites
• 6.6 Glass Fiber Composites
• 6.7 Natural Fiber Composites

7 Global Lightweight Automotive Materials & Composites Market, By Composite Type

• 7.1 Introduction
• 7.2 Thermoset Composites
• 7.3 Thermoplastic Composites
• 7.4 Hybrid Composites
• 7.5 Metal Matrix Composites

8 Global Lightweight Automotive Materials & Composites Market, By Manufacturing Process

• 8.1 Introduction
• 8.2 Injection Molding
• 8.3 Compression Molding

9 Global Lightweight Automotive Materials & Composites Market, By Application

• 9.1 Introduction
• 9.2 Body-in-White
• 9.3 Chassis & Suspension
• 9.4 Powertrain Components
• 9.5 Interior Components
• 9.6 Exterior Components
• 9.7 Battery Enclosures & EV Structures

10 Global Lightweight Automotive Materials & Composites 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 Toray Industries, Inc.
• 12.2 Teijin Limited
• 12.3 Hexcel Corporation
• 12.4 SGL Carbon SE
• 12.5 BASF SE
• 12.6 Covestro AG
• 12.7 Lanxess AG
• 12.8 Solvay S.A.
• 12.9 Mitsubishi Chemical Group
• 12.10 Owens Corning
• 12.11 ArcelorMittal
• 12.12 Alcoa Corporation
• 12.13 Constellium SE
• 12.14 Norsk Hydro ASA
• 12.15 Magna International Inc.
• 12.16 Dow Inc.
• 12.17 DSM-Firmenich AG
• 12.18 Hyosung Advanced Materials