Automotive Material Trends - Global Sector Overview and Forecast (Q1 2022 Update)
Summary
For some time, the automotive industry has been under pressure to change the way it designs and builds vehicles, due to factors such as the increasing impact of passenger and pedestrian safety requirements and the competitive intensity caused by globalisation and manufacturing in low cost economies. Furthermore, governmental pressure in Europe and North America to reduce CO2 emissions has prompted vehicle makers and their supply base to develop automotive technology to meet those strict emission limits.
Consequently, more vehicles are incorporating components aimed at mass reduction, parts consolidation to reduce assembly costs and more efficient recycling. The vehicle makers’ need to improve overall fuel economy in vehicles has led to the trend toward minimising vehicle weight. The use of performance materials such as high-strength steel and aluminium is on the rise and heavier traditional materials, such as steel and iron, are being replaced whenever possible.
The report “Automotive Material Trends - Global Sector Overview and Forecast (Q1 2022 Update)” provides a comprehensive overview of the global body material trends sector, major suppliers, top 14 markets, technology trends and market size forecasts.
The study reviews and forecasts the main materials used in vehicle manufacture, namely Steel, Aluminium, Plastics, Iron and Glass apart from other materials such as Organic, Carbon Fibre and Magnesium.
*The top 14 markets accounting for over 98% of global light vehicle production include - North America (US, Canada and Mexico) ; Mercosur (Brazil and Argentina); Western Europe (Germany, Italy, France, UK, Spain, Portugal, Netherlands, Belgium, Sweden, Austria, Finland and Morocco) ; Central Europe (Turkey, Bulgaria, Czech Republic, Poland, Slovakia, Hungary, Romania, Serbia and Slovenia); Russia; Japan; China; India; Korea; Thailand; Other Asia; Iran; South Africa; Australia.
Scope
Based on exclusive interviews, primary research and proprietary data this global market study includes -
Companies Mentioned
StadcoGestamp AutomocionSolvayHyundai Motor GroupAccuride Corporation3MRobert Bosch GmbHContinental AGAlcoa, IncBASF SEBridgestone CorporationCooper Tire & Rubber CoVisteon CorporationBenteler International AGCIE Automotive SACooper-Standard Automotive IncDow Automotive SystemsFaurecia SADraxlmaier GroupDuPontWoodbridge GroupCovestroWebasto AGFreudenberg & Co. KGLear CorporationTrelleborg ABToyota Boshoku CorporationGoodyear Tire & Rubber CompanyToyoda Gosei Co., Ltd.Toyo Tire and Rubber Co, LtdHoneywell International Inc.International Automotive Components Group (IAC)Inteva Products, LLCJohnson Controls International plcThyssenKrupp AGSumitomo CorporationJoyson Safety SystemsMagna International Inc.Martinrea International Inc.Metaldyne, LLCMichelinPlastic OmniumPPG IndustriesAutoneumSaint-GobainSamvardhana Motherson GroupNippon Sheet GlassZF Friedrichshafen AGKobe Steel, Ltd.LanxessEvonikLG Chem, Ltd.Sogefi S.p.A.SABIC Innovative PlasticsHenkelArconic
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook