Advanced Automotive Materials Market

Advanced Automotive Materials Market: Global Industry Analysis and Opportunity Assessment 2015-2025

  • Ongoing
  • June 2020
  • REP-GB-755
  • PDF PPT EXCEL
Advanced Automotive Materials Market
  • SELECT LICENSE TYPE :

  • US$5,000
  • US$7,500
  • US$10,000

This Advanced Automotive Materials market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Advanced Automotive Materials market.


Global Advanced Automotive Materials Market: Overview

The fundamental function of advanced automotive materials is to reduce the weight of a vehicle. These materials finds use in a number of automobile applications, including interior, exterior, structure, and powertrain, among others. Advanced automotive materials reduces the overall weight of the vehicle, increasing the efficiency and thereby reducing the overall fuel consumption. The advanced automotive materials possess better dimension stability than conventional materials, improved mechanical performance, and elevated service temperature.

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Need granular data and specific insights that are hard to get?
Automotive OEMs are compelled to employ advanced automotive materials to ensure that the vehicles meet the increasingly stringent emission norms. A variety of factors involved in the evolution of advanced automotive materials are the necessity for improved fuel economy, growing vehicle performance requirements, higher power requirements, and the requirement for a superior driving experience.

Global Advanced Automotive Materials Market: Segmentation

Global advanced automotive materials market is segmented into types of material, region, and application. The global advanced automotive materials market includes a variety of materials such as metals, engineered plastics, thermoplastic elastomers (TPEs), and composites. Metals are segmented into high-strength steel (HSS), stainless steel, aluminum, powder metals and others, whereas engineered plastics are segmented into nylon, ABS, polycarbonate, polyphenylene oxide, etc. Thermoplastic Elastomers include thermoplastic vulcanizates, thermoplastic polyolefin, thermoplastic polyurethanes, styrene block copolymer, copolyester elastomer, and others. The composites are segmented into carbon fiber reinforced plastic (CFRP) and glass fiber reinforced plastic (GFRP). Region wise, the global advanced automotive market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and MEA and in terms of advanced automotive material applications the market is divided into interior, structural, exterior, structural, powertrain, and others.

Global Advanced Automotive Materials Market: Region-wise Outlook

In North America, the U.S. accounted for the largest share of the advanced automotive materials market in 2014. In the coming years, however, the developing regions like Asia Pacific are predicted to become lucrative regional markets for key players operating in the global advanced automotive materials market. Sizeable population, economic development, stringent regulations regarding emission, increasing knowledge regarding eco-friendly systems, and benefits of better fuel efficiency are the major factors driving the growth of the advanced automotive materials market in this region.

Global Advanced Automotive Materials Market: Drivers

The growth of the advanced automotive market is expected to be driven mainly by constant pressure to reduce the vehicle weight, thus improving fuel efficiency leading to lower CO2 emissions. Other important driving factors for the growth of the global advanced automotive market includes focus on safety, durability, noise and vibration, by replacing the traditional materials.

New process technologies, improvements in resins and metal alloys helps increasing the attractiveness of advanced automotive materials manufacturing, encouraging growth. Advanced automotive plastics use, in particular, has been encouraged by lower tooling costs relative to other materials.

The global advanced automotive materials market growth is also driven by the fact that advanced automotive materials provide higher strength as compared to the ordinary materials, facilitating higher energy absorption during crash.

Global Advanced Automotive Materials Market: Restraints

Some of the factors hindering the growth of the global advanced automotive materials market are limited raw material, increasing pressure for materials recycling, particularly for engineered plastics, and low awareness towards benefits of advance automotive materials, etc.

Global Advanced Automotive Materials Market: Key Players

Some of the major players identified in the global advanced automotive market are AK Steel, National Steel, General Electric, DuPont, Bayer AG, A. Schulman, Alcoa, Norsk Hydro, Johnson Matthey, ThyssenKrupp AG, Toray Industries Inc., ArcelorMittal S.A., and Novelis Inc., etc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

Unique Requirements? Customize this Report

  • Customize by Region, Country, Application, Product, & other segments
  • Integrate our Insights with your Existing Data
  • Determine the scope of the study to suit your requirements

Let FMI Help You!

  • Gain Insights on Key Advanced Automotive Materials Market Impacting Forces
  • Know the Winning Strategies of Market Leaders
  • Get Deep-Dive Analysis on Each Segment
  • Identify the Sources that will Drive Top-Line Revenue

The report covers exhaustive analysis on:

  • Advanced Automotive Materials Market Segments
  • Advanced Automotive Materials Market Dynamics
  • Historical Actual Market Size, 2012 - 2014
  • Advanced Automotive Materials Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Advanced Automotive Materials Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Advanced Automotive Materials Market Drivers and Restraints

Regional analysis for Passive Infrared Sensor Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

What research methodology is used to develop the Advanced Automotive Materials Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Advanced Automotive Materials Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the Advanced Automotive Materials Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
Get in touch
Harish Tiwari

Harish Tiwari

Global Head - Business Development

* indicates mandatory fields
Request Sample Request customization Request Methodology