Italy Automotive Lightweight Material Market Size & Outlook

The automotive lightweight material market in Italy is expected to reach a projected revenue of US$ 4,817.3 million by 2030. A compound annual growth rate of 2.9% is expected of Italy automotive lightweight material market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,052.7
Forecast, 2030 (US$M)
$4,817.3
CAGR, 2025 - 2030
2.9%
Report Coverage
Italy

Italy automotive lightweight material market highlights

  • The Italy automotive lightweight material market generated a revenue of USD 3,751.4 million in 2022 and is expected to reach USD 4,022.3 million by 2030.
  • The Italy market is expected to grow at a CAGR of 0.9% from 2023 to 2030.
  • In terms of segment, composites was the largest revenue generating product in 2022.
  • Plastics is the most lucrative product segment registering the fastest growth during the forecast period.


Automotive lightweight material market data book summary

Market revenue in 2022USD 3,751.4 million
Market revenue in 2030USD 4,022.3 million
Growth rate0.9% (CAGR from 2022 to 2030)
Largest segmentComposites
Fastest growing segmentPlastics
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMetals, Composites, Plastics, Elastomers
Key market players worldwideBasf SE, Toray Industries Inc, LyondellBasell Industries NV Class A, Novelis, ArcelorMittal SA Depository Receipt, Alcon Inc, Owens-Corning Inc, Stratasys Ltd, Tata Steel Ltd GDR - 144A, POSCO Holdings Inc ADR


Other key industry trends

  • In terms of revenue, Italy accounted for 4.4% of the global automotive lightweight material market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany automotive lightweight material market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 5,841.5 million by 2030.

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Automotive Lightweight Material Market Scope

Automotive lightweight material market segmentation & scope
Metals
Composites
Plastics
Elastomers
Body in White
Chassis and Suspension
Powertrain
Closures & Fenders
Interiors
Other Applications
Passenger Cars
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV)

Automotive Lightweight Material Market Companies

Name Profile # Employees HQ Website

Italy automotive lightweight material market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive lightweight material market will help companies and investors design strategic landscapes.


Composites was the largest segment with a revenue share of 61.24% in 2024. Horizon Databook has segmented the Italy automotive lightweight material market based on metals, composites, plastics, elastomers covering the revenue growth of each sub-segment from 2018 to 2030.


Automobile industry in Italy contributes around 6% to the country’s overall GDP with majority of its production is exported to the international markets. Automobile production in the country witnessed an average growth of 3.1% from 2018 to 2020 owing to a rise in the demand from domestic consumers.

Passenger cars and light commercial vehicle production accounted for a significant share in the overall production from 2018 to 2020. This has driven the demand for automotive lightweight materials in the country and the trend is expected to continue over the forecast period.

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Horizon Databook provides a detailed overview of country-level data and insights on the Italy automotive lightweight material market , including forecasts for subscribers. This country databook contains high-level insights into Italy automotive lightweight material market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Italy automotive lightweight material market size, by product, 2018-2030 (US$M)

Italy Automotive Lightweight Material Market Outlook Share, 2024 & 2030 (US$M)

Italy automotive lightweight material market size, by product, 2018-2030 (US$M)

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