Automotive Lightweight Material

Automotive Lightweight Material Market Outlook

The global automotive lightweight material market is projected to reach approximately USD 150 billion by 2035, growing at a CAGR of around 7% from 2025 to 2035. The increasing demand for fuel-efficient vehicles, stringent government regulations concerning emissions, and the rising need for improved vehicle performance are driving the growth of this market significantly. Moreover, advancements in material science and technology are leading to the development of innovative lightweight materials that enhance vehicle efficiency and sustainability. The rising consumer awareness regarding environmental concerns and the shift towards electric and hybrid vehicles are also contributing factors that positively influence the market growth trajectory. Consequently, the automotive lightweight material market is expected to witness substantial growth in the coming years, reflecting the industry's commitment to sustainability and innovation.

Growth Factor of the Market

The automotive lightweight material market is primarily driven by the need for fuel efficiency and the reduction of greenhouse gas emissions. As governments across the globe impose stricter regulations to curtail vehicular emissions, automobile manufacturers are compelled to adopt lightweight materials to enhance fuel economy. Additionally, consumer preference is shifting towards electric vehicles, which require lightweight materials to optimize battery performance and range. The advent of advanced manufacturing processes, including 3D printing and nanotechnology, has made it feasible to produce lightweight materials with improved structural integrity. Moreover, the automotive industry is increasingly focusing on sustainability, leading to a rise in the use of recycled and eco-friendly materials. These factors collectively contribute to the robust growth of the automotive lightweight material market.

Key Highlights of the Market

• Significant growth anticipated from the rising demand for electric vehicles.
• Metals and composites expected to dominate the material type segment.
• North America and Europe are leading regions owing to advanced automotive manufacturing.
• OEMs are the primary sales channel, accounting for a major share of the market.
• Innovations in manufacturing techniques are paving the way for new material development.

By Material Type

Metals:

Metals such as aluminum and magnesium are widely used in the automotive lightweight material market due to their favorable strength-to-weight ratios. Aluminum is particularly favored for its ability to be easily formed into complex shapes and its resistance to corrosion, making it ideal for various automotive applications, including body structure and chassis components. The lightweight nature of aluminum contributes significantly to overall vehicle weight reduction, thereby improving fuel efficiency and performance. Furthermore, advancements in aluminum alloys are enhancing their mechanical properties, leading to increased adoption in premium and electric vehicles. Magnesium, on the other hand, is gaining traction due to its lower density compared to aluminum, making it suitable for weight-sensitive components. The increased use of these metals is a critical driver in the shift towards lightweight automotive design.

Plastics:

Plastics are critical lightweight materials in the automotive industry, offering versatility in design and substantial weight reductions. Various plastic types, including polypropylene, polycarbonate, and polyurethane, are employed in making automotive components such as dashboards, bumpers, and fuel tanks. The use of plastics not only helps in reducing weight but also provides advantages in terms of cost-effectiveness and ease of manufacturing. Innovations in plastic composites are leading to products with enhanced mechanical properties and durability, making them suitable for more demanding applications within vehicles. Furthermore, the ability to mold plastics into intricate shapes allows for greater design freedom, making them a preferred choice among automotive manufacturers seeking to optimize vehicle performance while maintaining aesthetic appeal.

Composites:

Composites are becoming increasingly popular in the automotive lightweight material market due to their excellent strength-to-weight ratios and resistance to environmental factors. Materials such as carbon fiber and glass fiber composites are extensively used in high-performance vehicles due to their superior mechanical properties. Carbon fiber, while more expensive, offers significant weight savings and is often utilized in sports and luxury vehicles to enhance speed and performance. The automotive industry is witnessing a gradual shift towards using composites in mass production vehicles as manufacturing processes become more cost-effective. The integration of composites in the automotive sector not only aids in weight reduction but also improves overall vehicle aesthetics and durability, making them an essential component of modern automotive design.

Elastomers:

Elastomers, primarily used in automotive applications for their flexibility and resilience, play a crucial role in enhancing the performance and safety of vehicles. Materials such as thermoplastic elastomers (TPE) and rubber are commonly utilized in seals, gaskets, and various suspension components. The lightweight nature of elastomers contributes to the overall weight reduction of vehicles while providing excellent vibration damping and shock absorption capabilities. Additionally, advancements in elastomer technology, such as the development of bio-based and recyclable elastomers, are pushing the boundaries of traditional applications and making them more sustainable. The growing awareness of vehicle safety and comfort is further driving the demand for innovative elastomer solutions in the automotive sector.

Others:

This category includes various emerging materials such as bio-based composites, which are gaining traction in the automotive lightweight materials market. These materials are derived from renewable resources and offer a sustainable alternative to traditional petroleum-based materials. The automotive industry is increasingly exploring the use of bio-composites in non-structural applications, such as interior panels and insulation, as they provide weight savings along with reduced environmental impact. Additionally, advancements in material engineering are contributing to the development of hybrid materials that combine the properties of metals and polymers, offering novel solutions for lightweight automotive designs. As sustainability becomes a key focus for manufacturers, the adoption of these innovative materials is expected to rise significantly in the coming years.

By Application

Body Structure:

The body structure of vehicles is one of the primary applications for lightweight materials, focusing on reducing mass while maintaining structural integrity. The integration of lightweight metals and composites in the body structure enables manufacturers to create vehicles that are not only lighter but also safer. Lighter vehicles tend to have improved handling and performance, which is crucial for consumer satisfaction. The shift towards electric vehicles also amplifies the need for lightweight body structures to maximize efficiency and range. As automotive technology advances, innovative joining techniques and material combinations are being explored, allowing for even greater weight savings without compromising safety. This segment is anticipated to witness significant growth as manufacturers prioritize both performance and sustainability.

Powertrain:

The powertrain is another critical area where lightweight materials are being increasingly utilized. The use of lightweight metals and composites in engine components, transmission systems, and drive shafts can lead to significant reductions in weight, thus enhancing fuel efficiency and overall performance. The automotive industry is witnessing a transformation towards electric and hybrid powertrains, which necessitate lighter materials to offset the weight of the batteries. Moreover, advancements in manufacturing technologies have made it feasible to replace traditional heavy components with lightweight alternatives, contributing to better acceleration and handling characteristics. As the market trends evolve, the demand for lightweight materials in the powertrain application is expected to grow rapidly, reflecting the industry's commitment to innovation.

Interior:

Lightweight materials are increasingly being adopted in the interior of vehicles to enhance aesthetics, comfort, and safety without adding unnecessary weight. The integration of advanced plastics and composites in components such as seating, dashboard panels, and headliners provides opportunities for vehicle manufacturers to reduce weight while maintaining high-quality standards. This shift is particularly notable in luxury and performance vehicles, where interior design and comfort are paramount. Additionally, the growing trend toward connected and automated vehicles necessitates the incorporation of lightweight materials that can support advanced technology while optimizing space. As consumer preferences continue to evolve, the interior application is expected to be a significant driver for the automotive lightweight materials market.

Exterior:

The exterior application of lightweight materials focuses on components such as bumpers, hoods, and fenders, where weight reduction can significantly impact vehicle performance and aesthetics. The integration of lightweight metals and composites allows for stylish designs that do not compromise structural integrity. Moreover, lighter exterior components contribute to improved fuel efficiency and reduced emissions, aligning with global sustainability goals. The demand for advanced lightweight materials in the exterior application is further driven by consumer expectations for modern vehicles that offer both performance and visual appeal. As automotive engineering continues to advance, the exterior application of lightweight materials will likely experience considerable growth.

Others:

This category encompasses various applications of lightweight materials in automotive design that do not fall into the main segments. These may include specialized components used in performance vehicles or unique designs in concept cars where weight optimization is critical. Manufacturers are increasingly experimenting with innovative lightweight materials in these areas to differentiate themselves from competitors and offer cutting-edge technology. As the automotive industry moves towards electric and autonomous vehicles, the exploration of lightweight materials in other applications is expected to grow. This segment reflects the ongoing innovation and creativity within the automotive sector, highlighting the versatility and potential of lightweight materials.

By Vehicle Type

Passenger Cars:

The passenger car segment is one of the largest consumers of lightweight materials in the automotive lightweight material market. The need for fuel efficiency, enhanced performance, and compliance with emission regulations drives the adoption of lightweight materials in this segment. Auto manufacturers are increasingly focusing on weight reduction strategies to improve handling dynamics and safety in passenger vehicles. Consequently, lightweight metals, plastics, and composites are being integrated into various components, including body structures and powertrains. The growing trend towards electric and hybrid vehicles is further amplifying the need for lightweight materials to offset battery weight, thereby improving range and efficiency. As consumer preferences evolve, the passenger car segment is set to remain a key driver of the automotive lightweight materials market.

Commercial Vehicles:

The commercial vehicle segment is also witnessing a growing demand for lightweight materials, as manufacturers seek to enhance payload capacity and reduce fuel consumption. The integration of lightweight materials in commercial vehicles such as trucks and buses can lead to significant improvements in operational efficiency and overall performance. As fuel prices rise and environmental regulations become more stringent, the need for fuel-efficient commercial vehicles is becoming increasingly pressing. Lightweight metals and composites are being used in various components to achieve optimal weight reductions without compromising structural integrity. The shift towards sustainability and cost-effectiveness in commercial transportation is expected to propel the growth of lightweight materials in this segment.

Electric Vehicles:

Electric vehicles (EVs) represent a rapidly growing segment of the automotive lightweight material market, driven by the need for enhanced range and efficiency. The heavy weight of batteries can significantly impact the performance of electric vehicles, making the use of lightweight materials essential for maximizing battery life and overall vehicle efficiency. The adoption of lightweight metals, composites, and innovative materials in EV design allows manufacturers to develop vehicles that are not only efficient but also capable of delivering superior performance. As the global demand for electric vehicles continues to surge, the automotive lightweight material market is poised to benefit substantially from the innovation and advancements in this segment.

Off-Highway Vehicles:

The off-highway vehicle segment, which includes agricultural machinery, construction vehicles, and recreational vehicles, is increasingly adopting lightweight materials to improve performance and fuel efficiency. Lightweight materials help reduce the overall weight of these vehicles, thereby enhancing maneuverability and operational capability in rugged terrains. The demand for robust yet lightweight materials is critical in this sector, where durability and strength are paramount. As manufacturers continue to innovate and focus on sustainability, the integration of lightweight materials in off-highway vehicles is expected to grow, reflecting a broader trend towards efficiency and performance optimization.

Others:

This segment comprises various vehicle types not classified under the main categories, such as specialty vehicles and niche markets. The use of lightweight materials in these vehicles is often driven by specific performance requirements or unique applications. For instance, vehicles designed for specific tasks or environments may require customized lightweight solutions to enhance their performance. The ongoing trend towards innovation and customization in the automotive sector is expected to fuel the demand for lightweight materials across these unconventional vehicle types. As the automotive industry evolves, this segment will likely see significant growth opportunities driven by advancements in lightweight material technology.

By Sales Channel

OEMs:

Original Equipment Manufacturers (OEMs) represent a significant sales channel in the automotive lightweight materials market, with many automotive companies seeking to incorporate lightweight solutions into their manufacturing processes. The focus on producing lighter vehicles to comply with environmental regulations and meet consumer demands for fuel efficiency is driving OEMs to invest in advanced lightweight materials. Collaborations between material suppliers and OEMs are becoming increasingly common as manufacturers seek to optimize their supply chains while ensuring that the lightweight materials meet stringent performance and safety standards. As the automotive industry undergoes transformative changes, this channel is expected to maintain a strong presence, reflecting the ongoing demand for lightweight materials in vehicle production.

Aftermarket:

The aftermarket segment is gradually gaining traction within the automotive lightweight materials market as consumers and fleet operators seek to enhance the performance and efficiency of existing vehicles. The rise in vehicle customization and modifications, particularly among performance enthusiasts, is driving demand for lightweight materials in the aftermarket sector. Components such as lightweight wheels, body kits, and performance parts made from advanced materials are popular among consumers looking to improve their vehicles' aesthetics and performance. Additionally, the growing awareness of fuel savings through weight reduction is encouraging fleet operators to invest in lightweight replacements for traditional components. As consumer preferences continue to evolve, the aftermarket sales channel is poised for substantial growth in the context of lightweight materials.

By Region

North America is currently one of the leading regions in the automotive lightweight materials market, accounting for a significant share due to the presence of major automotive manufacturers and advanced technological capabilities in the region. The U.S. government initiatives aimed at promoting fuel efficiency and reducing emissions have significantly influenced automotive design in North America. The market is projected to grow at a CAGR of around 6% during the forecast period, driven by the increasing adoption of electric vehicles and the incorporation of lightweight materials in both passenger and commercial vehicles. The region's strong automotive manufacturing base and the increasing focus on research and development related to lightweight technologies contribute to its growth prospects.

Europe is another prominent region in the automotive lightweight materials market, characterized by stringent regulations concerning emissions and a strong commitment to sustainability. European automotive manufacturers are at the forefront of integrating lightweight solutions to comply with regulatory requirements while delivering high-performance vehicles. The market in Europe is expected to grow steadily, driven by the rising demand for electric vehicles and continuous innovation in lightweight material technologies. As manufacturers focus on reducing vehicle weights to improve efficiency, the demand for lightweight materials in the region is set to rise, further solidifying Europe's position in the global automotive lightweight materials market. The combined growth of North America and Europe reflects the critical role these regions play in shaping the future of automotive lightweight materials.

Opportunities

One of the significant opportunities in the automotive lightweight materials market lies in the increasing focus on sustainable practices within the automotive industry. As manufacturers strive to reduce their carbon footprints, the demand for eco-friendly lightweight materials, including bio-based composites and recycled materials, is expected to rise. Innovations in material science are leading to the development of new lightweight materials that offer greater performance and sustainability. Furthermore, the transition towards electric and hybrid vehicles is creating new opportunities for lightweight materials to enhance battery efficiency and overall vehicle range. As the automotive industry shifts towards greener practices, the market for lightweight materials is poised for substantial growth driven by these emerging trends.

Additionally, ongoing advancements in manufacturing technologies, such as additive manufacturing and advanced composites processing, present significant opportunities for the automotive lightweight materials market. These technologies enable manufacturers to produce lightweight materials with enhanced properties and tailored designs for specific applications within vehicles. The ability to manufacture complex geometries and optimize material usage can result in significant weight reductions while maintaining structural integrity. As these technologies continue to evolve and become more accessible, the adoption of lightweight materials is anticipated to increase across various vehicle types and applications, further driving market growth.

Threats

Despite the growth prospects of the automotive lightweight materials market, several threats could impede its progress. One significant threat is the volatility in raw material prices, especially for metals like aluminum and magnesium, which can impact the overall manufacturing costs of lightweight materials. Sudden price fluctuations can disrupt supply chains and limit the ability of manufacturers to maintain competitive pricing for their products. Furthermore, the reliance on specific suppliers for niche lightweight materials can create vulnerabilities, leading to potential shortages or increased bargaining power for suppliers. As the market develops, companies must navigate these pricing dynamics effectively to sustain their growth and maintain profitability.

Another potential restrainer affecting the automotive lightweight materials market is the challenge of regulatory compliance and safety standards. As lightweight materials are integrated into more critical components of vehicles, ensuring that these materials meet stringent safety regulations becomes paramount. The testing and certification processes for new materials can be time-consuming and costly, potentially delaying product launches and innovations. Manufacturers may face challenges in balancing the need for lightweight materials with the requirement to meet safety and performance standards. Addressing these regulatory hurdles is essential for companies to successfully capitalize on the opportunities presented by the automotive lightweight materials market.

Competitor Outlook

• BASF SE
• Alcoa Corporation
• Toray Industries, Inc.
• Covestro AG
• DuPont de Nemours, Inc.
• 3M Company
• LG Chem Ltd.
• Teijin Limited
• Continental AG
• Hexcel Corporation
• Owens Corning
• ArcelorMittal
• Royal DSM
• Formosa Plastics Corporation
• SABIC

The competitive landscape of the automotive lightweight materials market is characterized by a mix of established players and emerging companies striving to capture market share through innovation and strategic partnerships. Major companies are investing heavily in research and development to create advanced materials that meet the evolving demands of the automotive sector. Collaborations between material suppliers and automotive manufacturers are becoming increasingly common, enabling both parties to leverage their expertise and resources to develop cutting-edge lightweight solutions. Additionally, companies that can offer sustainable materials or innovative manufacturing processes stand to gain a competitive advantage as the industry shifts toward eco-friendly practices.

Among the key players, BASF SE is known for its extensive portfolio of lightweight materials, including advanced plastics and composites. The company is actively engaged in developing innovative solutions that enhance vehicle performance while promoting sustainability. Alcoa Corporation is a leader in the production of aluminum solutions, focusing on lightweight applications in the automotive sector. The company has been at the forefront of aluminum innovation for years and continues to push the boundaries of lightweight design. Toray Industries, Inc. is another prominent player, specializing in carbon fiber and composite materials for high-performance vehicles. Their commitment to research and development positions them as a key contributor to the lightweight materials market.

Moreover, DuPont de Nemours, Inc. is recognized for its advanced polymer solutions that cater to the automotive lightweight materials market. The company's emphasis on performance and safety aligns well with the industry's requirements for innovative and lightweight materials. Companies such as 3M and Covestro AG are also making strides in this market by developing advanced adhesive solutions and specialty polymers that facilitate the integration of lightweight materials in automotive applications. The competitive landscape reflects a diverse range of players working collaboratively to shape the future of automotive lightweight materials through innovation, strategic partnerships, and sustainability initiatives.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 SABIC
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 BASF SE
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Royal DSM
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 3M Company
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Covestro AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 LG Chem Ltd.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 ArcelorMittal
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Owens Corning
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Continental AG
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Teijin Limited
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Alcoa Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Hexcel Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Toray Industries, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 DuPont de Nemours, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Formosa Plastics Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Automotive Lightweight Material Market, By Application
    • 6.1.1 Body Structure
    • 6.1.2 Powertrain
    • 6.1.3 Interior
    • 6.1.4 Exterior
    • 6.1.5 Others
  • 6.2 Automotive Lightweight Material Market, By Vehicle Type
    • 6.2.1 Passenger Cars
    • 6.2.2 Commercial Vehicles
    • 6.2.3 Electric Vehicles
    • 6.2.4 Off-Highway Vehicles
    • 6.2.5 Others
  • 6.3 Automotive Lightweight Material Market, By Material Type
    • 6.3.1 Metals
    • 6.3.2 Plastics
    • 6.3.3 Composites
    • 6.3.4 Elastomers
    • 6.3.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Automotive Lightweight Material Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Automotive Lightweight Material market is categorized based on

By Material Type

• Metals
• Plastics
• Composites
• Elastomers
• Others

By Application

• Body Structure
• Powertrain
• Interior
• Exterior
• Others

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles
• Off-Highway Vehicles
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• BASF SE
• Alcoa Corporation
• Toray Industries, Inc.
• Covestro AG
• DuPont de Nemours, Inc.
• 3M Company
• LG Chem Ltd.
• Teijin Limited
• Continental AG
• Hexcel Corporation
• Owens Corning
• ArcelorMittal
• Royal DSM
• Formosa Plastics Corporation
• SABIC