Lightweight Materials in Transportation

December 27, 2012

Wellesley, Mass. – According to a new technical market research report, LIGHTWEIGHT MATERIALS IN TRANSPORTATION (AVM056C), from BCC Research (www.bccresearch.com),  the market for lightweight materials in transportation was valued at $106 billion in 2011 and nearly $106.2 billion in 2012. Total market value is expected to reach nearly $153 billion in 2017 after increasing at a five-year compound annual growth rate of 7.5%.

The market for lightweight materials in transportation can also be segmented by units in tons.

The volume for lightweight materials in transportation should reach 57.2 million tons in 2012 and 79.2 million tons in 2017, a CAGR of 6.7%.

While transportation fuel consumption is not exclusively a function of weight, with other factors such as engine efficiency and air/rolling resistance playing their parts as well, minimizing weight through the use of advanced materials is a key strategy for reducing fuel consumption. An estimated 75% of vehicle energy consumption is related to factors associated with weight.

Reducing the weight of a vehicle component by using lightweight materials has a multiplier effect on overall vehicle weight and, hence, fuel use: As vehicle weight declines, tires and suspension can become lighter, and the loads imposed on the chassis are reduced, allowing a reduction in chassis weight.

All else being equal, it has been estimated that for every 10% eliminated from a vehicle’s total weight, fuel consumption declines by 7%.  In addition, for every kilogram of weight reduced in a vehicle, carbon-dioxide emissions are reduced by a total of 20 kg.

This report will help its readers:

• Identify the lightweight materials with the greatest commercial potential in transportation applications over the next five years (2012 to 2017)
• Estimate the potential global markets for these technologies
• Analyze the technical, commercial and other prerequisites of success in these markets.

This report will be valuable to many industry participants, including the following:

• Lightweight materials manufacturers
• Environmental agencies
• Government agencies
• End users and distributors
• Academic institutions.

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Lightweight Materials in Transportation( AVM056C )
Publish Date: Jan 2013    

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