Asia-pacific Lightweight Materials for Ev Market Forecast 2022-2030

The Asia-Pacific lightweight materials for EV market is predicted to progress with a CAGR of 19.69% over the forecasting years of 2022 to 2030. Some of the top drivers influencing the market growth of the region are market players' investments and focus on achieving economies of scale on the basis of manufacturing capabilities available in the Asia-Pacific, as well as the presence of various government incentives and support in developing economies such as India and China.

MARKET INSIGHTS

The Asia-Pacific lightweight materials for EV market growth assessment comprises the study of India, South Korea, China, Japan, and Rest of Asia-Pacific. As per a statement from the Ministry of Trade, Industry, and Energy, South Korea is set to provide investment incentives, in addition to other support measures, to encourage investments in the country's electric vehicle sector as well as related smart technologies. Moreover, in order to double South Korea's market share for electric vehicles by the year 2030, the government is expected to make nearly $66 billion in incentives accessible by 2026.

South Korea's government also aims to manufacture 3.3 million electric vehicles by 2030. In addition, on May 2022, Hyundai Motor Group announced its plans to invest $16.54 billion by 2030 to expand its electric vehicle business in South Korea. Hence, such efforts by the government, coupled with industry developments, are anticipated to provide the lightweight materials for EV market in the Asia-Pacific with lucrative growth opportunities.

COMPETITIVE INSIGHTS

Some of the eminent players operating in the market are: Toray Industries Inc, Novelis Inc, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation caters to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 48985

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. EXPANSION OF EV DRIVE RANGE
- 3.1.2. STRINGENT GOVERNMENT REGULATIONS ON VEHICLE EMISSIONS
3.2. KEY RESTRAINTS
- 3.2.1. HIGH COST OF LIGHTWEIGHT MATERIALS

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON LIGHTWEIGHT MATERIALS FOR EV MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. VALUE CHAIN ANALYSIS

5. MARKET BY MATERIAL TYPE

5.1. METALS
- 5.1.1. BODY
  - 5.1.1.1. BODY IN WHITE
  - 5.1.1.2. CLOSURES
  - 5.1.1.3. OTHERS
- 5.1.2. SUSPENSION
- 5.1.3. TRANSMISSION SYSTEM
- 5.1.4. OTHERS
5.2. COMPOSITES
- 5.2.1. BODY
- 5.2.2. SUSPENSION
- 5.2.3. OTHERS
5.3. PLASTICS & ELASTOMERS
- 5.3.1. BODY
- 5.3.2. INTERIOR
- 5.3.3. OTHERS

6. MARKET BY END USE

6.1. BATTERY ELECTRIC VEHICLE
6.2. PLUG-IN HYBRID VEHICLE
6.3. HYBRID ELECTRIC VEHICLE

7. GEOGRAPHICAL ANALYSIS

7.1. ASIA-PACIFIC
- 7.1.1. MARKET SIZE & ESTIMATES
- 7.1.2. KEY GROWTH ENABLERS
- 7.1.3. KEY CHALLENGES
- 7.1.4. KEY PLAYERS
- 7.1.5. COUNTRY ANALYSIS
  - 7.1.5.1. CHINA
  - 7.1.5.2. JAPAN
  - 7.1.5.3. INDIA
  - 7.1.5.4. SOUTH KOREA
  - 7.1.5.5. REST OF ASIA-PACIFIC

8. COMPETITIVE LANDSCAPE

8.1. KEY STRATEGIC DEVELOPMENTS
- 8.1.1. PRODUCT LAUNCHES & DEVELOPMENTS
- 8.1.2. PARTNERSHIPS & AGREEMENTS
- 8.1.3. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
- 8.2.1. BASF SE
- 8.2.2. CELANESE CORPORATION
- 8.2.3. CONSTELLIUM SE
- 8.2.4. COVESTRO AG
- 8.2.5. LYONDELLBASELL INDUSTRIES NV
- 8.2.6. NOVELIS INC
- 8.2.7. SABIC
- 8.2.8. SGL CARBON SE
- 8.2.9. SOLVAY SA
- 8.2.10. THYSSENKRUPP AG
- 8.2.11. TORAY INDUSTRIES INC

Product Code: 48985

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - LIGHTWEIGHT MATERIALS FOR EV MARKET
TABLE 2: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY MATERIAL TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY MATERIAL TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY METALS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY METALS, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY BODY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY BODY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY COMPOSITES, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY COMPOSITES, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY PLASTICS & ELASTOMERS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY PLASTICS & ELASTOMERS, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 12: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY END USE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY END USE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 14: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 15: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 16: KEY PLAYERS OPERATING IN ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET
TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 19: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, GROWTH POTENTIAL, BY MATERIAL TYPE, IN 2021
FIGURE 7: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY METALS, 2022-2030 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, GROWTH POTENTIAL, BY METALS, IN 2021
FIGURE 9: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY BODY, 2022-2030 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, GROWTH POTENTIAL, BY BODY, IN 2021
FIGURE 11: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY BODY IN WHITE, 2022-2030 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY CLOSURES, 2022-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY OTHERS, 2022-2030 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY SUSPENSION, 2022-2030 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY TRANSMISSION SYSTEM, 2022-2030 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY OTHERS, 2022-2030 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY COMPOSITES, 2022-2030 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, GROWTH POTENTIAL, BY COMPOSITES, IN 2021
FIGURE 19: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY BODY, 2022-2030 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY SUSPENSION, 2022-2030 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY OTHERS, 2022-2030 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY PLASTICS & ELASTOMERS, 2022-2030 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, GROWTH POTENTIAL, BY PLASTICS & ELASTOMERS, IN 2021
FIGURE 24: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY BODY, 2022-2030 (IN $ MILLION)
FIGURE 25: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY INTERIOR, 2022-2030 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY OTHERS, 2022-2030 (IN $ MILLION)
FIGURE 27: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, GROWTH POTENTIAL, BY END USE, IN 2021
FIGURE 28: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY BATTERY ELECTRIC VEHICLE, 2022-2030 (IN $ MILLION)
FIGURE 29: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY PLUG-IN HYBRID VEHICLE, 2022-2030 (IN $ MILLION)
FIGURE 30: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, BY HYBRID ELECTRIC VEHICLE, 2022-2030 (IN $ MILLION)
FIGURE 31: ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 32: CHINA LIGHTWEIGHT MATERIALS FOR EV MARKET, 2022-2030 (IN $ MILLION)
FIGURE 33: JAPAN LIGHTWEIGHT MATERIALS FOR EV MARKET, 2022-2030 (IN $ MILLION)
FIGURE 34: INDIA LIGHTWEIGHT MATERIALS FOR EV MARKET, 2022-2030 (IN $ MILLION)
FIGURE 35: SOUTH KOREA LIGHTWEIGHT MATERIALS FOR EV MARKET, 2022-2030 (IN $ MILLION)
FIGURE 36: REST OF ASIA-PACIFIC LIGHTWEIGHT MATERIALS FOR EV MARKET, 2022-2030 (IN $ MILLION)