Market Research Reports

Transparency Market Research (TMR) observes that  global automotive lightweight materials market  is highly competitive due to a strong presence of players. Currently, the competitive landscape is being defined by big players such as BMW, Tata, General Motors, Ford, and Audi. Their unwavering geographical presence and excellent brand equity is expected to bolster the position of these market players in the coming years.  According to the research report, the global automotive lightweight materials market is expected to be worth US$301.36 bn by the end of 2024 from US$149.03 bn in 2015. Between the forecast years of 2016 and 2024, the global market is projected to be surge at a CAGR of 8.30%. Metals to Remain Popular Choice of Lightweight Materials in Automotive Industry On the basis of product, the global automotive lightweight materials market is segmented into plastics, composites, rubber, and metal. As of 2015, metals held a dominant share in the global mar...

With the presence of a large pool of established automobile manufacturers, such as Tata, BMW, Audi, General Motors, and Ford, the worldwide market for automotive lightweight materials demonstrates a highly competitive landscape in Asia Pacific, Europe, and North America, finds a new research report by Transparency Market Research (TMR). Currently, the market is led by multinational automakers with a robust regional presence. The high potential of this market points towards an intensified rivalry between players in the years to come. According to TMR’s estimation, the   global automotive lightweight materials market   offered an opportunity worth US$149.03 bn in 2015. Rising at a CAGR of 8.30% during the period from 2016 to 2024, the total valuation of this market is likely to cross US$301.36 bn by the end of the forecast period. Metals have been the most valued product in this market and are projected to remain so over the next few years. Obtain Report Details @ ...