Lucintel Anticipates High Demand for Lightweight Vehicles to Drive Aluminum Growth in Global Automotive Industry from 2015 to 2020

Aluminum in the global automotive industry is expected to grow at a CAGR of 7.4% over 2015-2020. A high demand of lightweight vehicles increases the demand of aluminum in the automotive industry. The demand of lightweight vehicles is highly influenced by factors such as high fuel price, government regulations (CAFÉ and Euro emission standards), and environmental impacts (carbon footprint). Aluminum is the fastest growing materials in the automotive industry, as it offers the cost-effective way to boost fuel economy and reduce carbon emissions. Asia Pacific (APAC) was the top region in terms of total automotive aluminum consumption, followed by North America, Europe, and Rest of the World (ROW) in 2014.

Lucintel, a leading global management consulting and market research firm, has analyzed aluminum in the global automotive industry by region and has come up with a comprehensive research report, “Growth Opportunities for Aluminum in Global Automotive Industry 2015-2020: Trend, Forecast, and Market Analysis”. This report provides an analysis of aluminum in the global automotive industry, including market trends, growth opportunities, key drivers, and emerging trends in the market. The study also includes the forecast for aluminum in the global automotive industry through 2020 by value ($ Million) and volume (Million Pounds) and segment breakdown by region, vehicle type, product form, and application as follows:

By region:

·         North America

·         Europe

·         Asia Pacific

·         Rest of the World

By vehicle type for 2014:

·         Passenger cars

·         Light commercial vehicles

By product form:

·         Cast aluminum

·         Rolled aluminum

·         Extruded aluminum

·         Other aluminum (forged aluminum)

By application:

·         Engine

·         Transmission and driveline

·         Heat transfer

·         Wheels and brakes

·         Structural components

·         Others

On the basis of its comprehensive research, Lucintel forecasts that cast aluminum is expected to be the major segment in the global automotive aluminum market by product form during the forecast period. Rolled aluminum is projected to grow at a favorable growth rate during the forecast period; this form of aluminum material is expected to experience double-digit growth from 2015 to 2020. Application of sheet or rolled aluminum material in the structural component of vehicles is going to boost the demand of rolled aluminum during the forecast period. It is estimated that the usage of aluminum body sheet per vehicle will reach 66.2 kilograms in North America and 36.1 kilograms in Europe by 2020. The North American region is expected to be the highest growing region during the forecast period due to strict fuel economy standards.

Alcoa Inc., Aleris International, Aluminum Corporation of China Limited, Constellium NV, Kaiser Aluminum Corp., Norsk Hydro ASA, Novelis Inc., Rio Tinto Alcan, United Company RUSAL Plc, and Vimetco N.V. are some of the major suppliers of automotive aluminum. The industry players are opting for M&A, innovation, and expansion for growing their businesses. Several important emerging trends which have a direct impact on the dynamics of the industry include advanced manufacturing technology and aluminum-air battery.

This 200 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents or other transportation market report and reports on mass transportation contact Lucintel at +1-972-636-5056 or click on this link: http://www.lucintel.com/reports/mass_transportation/growth_opportunities_for_aluminum_in_global_automotive_industry_2015_2020_trend_forecast_and_market_analysis_june_2015.aspx  or helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Lucintel Identifies and Prioritizes Opportunities for Growth in Global Prepreg Market by Region and Market Segment

According to a new composite materials industry report market report published by Lucintel, the future of the global prepreg market looks strong with opportunities in the aerospace, sporting goods, and industrial markets. The global prepreg market is forecast to grow at a CAGR of 8.4% from 2015 to 2020. The major drivers of growth for this market are greater penetration of prepreg materials in applications, such as aerospace, defense, wind energy, and automotive, and escalated demand for lightweight, environment-friendly, and efficient products. Advantages of corrosion resistance, higher strength-to-weight ratio, lower maintenance, and a longer lifecycle than other traditional materials, like aluminum and steel, are additional factors contributing to the market growth. Growth of further demand in key end-use industries, such as aerospace and wind energy, is expected to remain a key driving factor for the global prepreg market.

The commercial aerospace segment is expected to record the highest growth during the forecast period. Lucintel adds that the aerospace market is predicted to remain robust due to strong back orders for Boeing 787 and Airbus 380 aircraft. New products, including COMAC 919, are expected to increase the production rate from eight per year to 200 per year by 2020.

Although North America is the largest region in terms of value shipment, APAC is expected to witness the highest growth during the forecast period (2015-2020). Lucintel believes that Asia, particularly China, will continue to see tremendous growth in wind energy over the next five years. As the industry moves to supply offshore wind turbines that are larger, manufacturers will continue to incorporate more carbon fiber reinforced prepreg into their designs. This means that the underlying prepreg demand for wind turbine applications should grow at a faster rate than wind generation capacity itself.

For market expansion, the report suggests innovation and new product development. The report further suggests the development of partnerships with customers to create win-win situations and development of low-cost solutions for end users. Cytec, Hexcel, Gurit, Newport, and Toray are among the major suppliers of prepreg. There are some companies that are opting for M&A services as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global prepreg market by region and market segment and has come up with a comprehensive composite materials market report , “Global Prepreg Market 2015-2020: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard for the growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes forecast of the global prepreg market through 2020, segmented by region and market segment as follows:

Prepreg market by region-

·         North America

·         Europe

·         Asia and Rest of World

Prepreg market by market segment-

·         Aerospace

·         Industrial

·         Sporting Goods

This 215-page research report on composites industry will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Lucintel Identifies and Prioritizes Opportunities for Growth in Global Marine Port and Service Market by Service Type and Region

According to a new industry report published by Lucintel, the future of the global marine port and service industry looks good, with opportunities in the marine freight transportation industry. As per a Lucintel study, the global marine port and service industry is forecast to grow at a CAGR of 4.7% from 2015 to 2020. The major drivers of growth for this industry are high growth of the marine freight transportation industry and surging demand of containerized and bulk cargo. Increasing global exports, rising customer (Shipping companies) demand, and expansion of new regional trade hubs are the additional factors contributing to accelerated growth.

In this mass transportation industry, container handling services, ship repair and maintenance services, navigation services, supply chain and logistic solution services, and mechanical and electrical engineering services are the operating segments in the global marine port and service industry. Navigation services are expected to depict above average growth during the forecast period. Lucintel adds that the demand for navigation services is expected to experience the highest growth in the forecast period, supported by an increase in marine freight transportation, which in turn increases the calls of vessels at ports. On the basis of its comprehensive research, Lucintel forecasts that navigation services, supply chain and logistic solutions, and ship repair and maintenance services are expected to show above average growth during the forecast period.

Within the marine port and service industry, the container handling service segment is expected to emerge as the leading market by value, followed by the ship repair and maintenance service segment. Due to an increase in containerization, industry players are adopting advanced handling equipment for fast operation. This increase of world container throughput (capacity) is expected to spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest industry due to tremendous economic growth in China and India. Europe and North America are expected to grow significantly due to increasing industrial production, high international trade, and subsequent rise in the demand for marine freight transportation.

For industry expansion, the transportation market report suggests innovation and new service development where the unique characteristics of marine port and service technology can be capitalized. The report further suggests the development of partnerships with customers to create win-win situations and the development of low-cost services for end users. Emerging trends, which have a direct impact on the dynamics of the industry include vessel traffic services (VTS), self-unloading bulk carrier technology, and marine port privatization. Hutchison Whampoa Limited, PSA International, and DP World Limited are among the major service providers of the global marine port and services industry. Some companies are opting for M&A as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global marine port and service industry by service type and region and has come up with a comprehensive research report, “Global Marine Port and Service Industry

2015-2020: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast of the global marine port and service industry through 2020, segmented by service type and region as follows:

By Service Type [Value ($B) from 2015 – 2020]:

·         Container Handling Services

·         Navigation Services

·         Ship Repair and Maintenance Services

·         Supply Chain and Logistic Solution Services

·         Mechanical and Electrical Engineering Services

Region [Value ($B) from 2015– 2020]:

·         North America

·         Europe

·         Asia Pacific

·         Rest of World

This 123-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/reports/mass_transportation/global_marine_port_and_service_industry_2015_2020_trends_forecast_and_opportunity_analysis_june_2015.aspx  or   helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity screening analysis, strategic growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.