Uploaded on Feb 18, 2021
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.
Lightweight Materials Market Trends, Size, Growth and Forecast to 2026
Lightweight Materials Market
Set to Reach $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
According to a new report by Polaris Market Research, the global Lightweight Materials
market is estimated to reach $237.1 Billion by 2026 registering a CAGR of 7.9% over the
forecast period 2019 to 2026.
The report covers comprehensive research and analysis of Lightweight Materials market in
terms of growth factors, restraints, trends, challenges, and potential opportunities. Existing
market participants and new entrants can use the detailed analysis of market dynamics to
devise key growth strategies and gain a competitive edge in the Lightweight Materials
market.
Growing demand from end-use industry applications and rising investments by public-
private organizations in developed & developing countries is anticipated to drive substantial
growth for the Lightweight Materials market. Leading participants are appealed by rising
consumer demand and high-profit margins in Lightweight Materials market, focusing on
untapped markets.
With the help of this latest report, participants from the Lightweight Materials market will be
able to make key business decisions and also create their strategies accordingly to stay
ahead of competitors. The report covers accurate data and reliable statistics along with key
recommendations to help pClaopyrieghrt ©s Puolanrisd Mearkrest Rteasenardch &t Choensu lotinvg LeLPr a20l2l0 . pAll rReighstse Rnester vaednd future scenario for the 2
Lightweight Materials market.
.
Lightweight Materials Market Scope
By Product Type By End-User By Region
• Metal Alloys • Aerospace North America
• High Strength Steel • Automotive Europe
• Aluminum • Marine Asia Pacific
• Titanium • Energy Latin America Middle East & Africa
• Magnesium • Construction
• Composites • Others
• Carbon-fiber reinforced plastic
(CFRP)
• Glass-fiber reinforced plastic
(GFRP)
• Polymers
• Polycarbonate
• Polypropylene Request for sample
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Lightweight Materials Market Estimate & Forecast to 2019/2026
The report covers the segmentation of the Lightweight Materials market based on Product,
Application and region. In-depth analysis of each segment and sub-segment including key
market trends, prevailing patterns, restraining factors, and potential opportunities featured
in the report. The research report on Lightweight Materials market forecasts revenue growth
at country, regional, and global levels. The report also gives comprehensive information on
the outlook of the market in different regions and provides projections on the expected
growth rate during the forecast period.
The report sheds light on the competitive scenario of the Lightweight Materials market to
get insight on the competition at domestic as well as global levels. The key market players
started investing more in research and development activities to bring innovations to their
product offerings. Leading manufacturers and vendors are taking strategic moves such as
acquisitions, collaborations, partnerships, mergers, and regional expansions to gain a
competitive edge in the Lightweight Materials industry. Leading players operating in the
Lightweight Materials market include Evonik Industries, Toray Industries Inc., Aleris
International, PPG Industries, Inc., Thyssenkrupp AG, ArcelorMittal SA, Hexcel Corporation,
Titanium Metals Corporation, Formosa Plastics Group, Bayer AG, SABIC, Cytec Solvay Group,
Alcoa Inc., Precision Castparts Corp., Allegheny Technologies Incorporated, and Novelis Inc.
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among others.
Browse Complete Report
Lightweight Materials Market Size
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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
serve our diverse customer base present across the industries of healthcare, technology,
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thereby helping them always to make informed decisions and leverage new opportunities.
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