Lightweight Material Market
                     Lightweight Material Market
Set to Exceed $237.1 Billion by 2026| CAGR:  7.9%
“Lightweight Materials Market Share, Size & Trends 
Analysis Report by Product (Metal Alloys, Composites, 
Polymers); By Application (Aerospace, Automotive, 
Construction, Energy, Aviation); By Region: Market Size and 
Segment Forecast, 2019 – 2026”
 Lightweight Materials Market Estimate & Forecast to 2026
The global lightweight materials market size is anticipated to reach USD 237.1 billion by 
2026, according to a new research published by Polaris Market Research
In 2018, the automotive segment dominated the global lightweight materials industry in 
terms of revenue. In 2018, Asia-Pacific accounted for the majority share in the global 
Lightweight Materials market. The expanding global automotive industry, along with 
increasing modernization of vehicles majorly drives the market growth. Increasing use in 
windmills owing to their improved performance, increased reliability, and higher durability 
boosts the demand for lightweight materials.
 
The adoption of lightweight materials has increased significantly owing to increasing 
demand from aviation industry, and greater use of lightweight materials in manufacturing of 
aircraft modules. Other factors driving the growth of this market include growing penetration 
of electric vehicles, technological advancements, and significant investments in R&D. New 
emerging markets, and stringent government regulations regarding vehicle efficiency and 
safety would provide growth opportunities for the market in the coming years.
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Lightweight Materials Market Scope
Product Type End-User Region
•Metal Alloys •Aerospace •North America (   U.S., 
•Automotive Canada)
• High Strength Steel •Marine •Europe (Germany, UK, 
• Aluminum •Energy France, Italy)
• Titanium •Construction •Asia-Pacific (China, India, 
• Magnesium •Others Japan)
•Composites •Latin America (Brazil, 
Mexico)
• Carbon-fiber reinforced •Middle East & Africa
plastic (CFRP)
• Glass-fiber reinforced plastic 
(GFRP)
•Polymers
• Polycarbonate
• Polypropylene
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mple
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Lightweight Materials Market Estimate & Forecast to 2026
Magnesium is a major lightweight material used in this market. Magnesium offers the lowest 
density of all structural metals with the ability to reduce component weight up to 70 
percent. Magnesium is used as castings for powertrains or sub-assembly closures. Carbon 
fiber composites have the potential to reduce vehicle weight by up to 70 percent. They offer 
high stiffness, strength, and weight savings.
 
In 2018, Asia-Pacific accounted for the highest share in the global market. Established 
automotive industry, technological advancements, and high investment in R&D are factors 
expected to drive the market growth in the region. The introduction of stringent government 
regulations for vehicular and road safety accelerates the adoption of lightweight materials 
in the region. 
Access Research Report On  Lightweight Materials Market 
The economic growth in countries such as China and India, lead to rising living standards 
and increasing disposable income, supporting the growth of the automotive industry. The 
increasing demand from construction and aerospace sectors further accelerate the growth 
of the lightweight materials industry. Expansion of global players into these countries to tap 
market potential boosts the market growth. The well-known companies profiled in the l 
report include Evonik Industries, Toray Industries Inc., Aleris International, PPG Industries, 
Inc., Thyssenkrupp AG, ArceClopyriMght i©t Ptoalalri s SMaArke,t RHeseaxrchc &e Clo nCsulotinrg pLLoP 2r0a18t. iAoll Rnig,h tsT Rietsearvnedium Metals Corporation, 4
Formosa Plastics Group, and Bayer AG among others. 
 
 Lightweight Materials Market Size – By Application
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
for our clientele spread across different enterprises. We at Polaris are obliged to e present across 
the industries of healthcare, technology, semi-conductors and chemicals among various other 
industries present around the world. 
We strive to provide our customers with updated information on innovative technologies, high 
growth markets, emerging business environments and latest business-centric applications, 
thereby helping them always to make informed decisions and leverage new opportunities. Adept 
with a highly competent, experienced and extremely qualified team of experts comprising SMEs, 
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our 
customers.
 
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