Freedonia In The News
Article Title: Demand for lightweight automotive materials in NA to reach 22.3 billion pounds
Publication: Plastics, 6/20/2014
Freedonia Study: Lightweight Automotive Materials in North America (3153)
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Demand for lightweight automotive materials in the North American light vehicle market is anticipated to rise 5.2 percent annually to 22.3 billion pounds in 2018. “Regulatory pressure will be the major force propelling growth.”, according to analyst Bridget McMurtrie. The current race to lighten the automobile is largely being driven by the increasingly strict fuel economy standards being adopted throughout North America. These and other trends are presented in Lightweight Automotive Materials in North America, a new study from The Freedonia Group.
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