The global Lightweight Materials market was valued at US$ 116700 million in 2022 and is projected to reach US$ 159810 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Lightweight Materials market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Lightweight Materials market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Lightweight Materials market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Rising awareness about fuel emissions has led to automobile manufacturers turning to products that can reduce the weight of vehicles. This is anticipated to drive the global market.
This report aims to provide a comprehensive presentation of the global market for Lightweight Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lightweight Materials. This report contains market size and forecasts of Lightweight Materials in global, including the following market information:
- Global Lightweight Materials Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Lightweight Materials Market Sales, 2018-2023, 2024-2030, (K MT)
- Global top five Lightweight Materials companies in 2022 (%)
The market is driven by increasing demand for vehicles in North America. Growth in this region is driven by countries such as U.S. and Canada, primarily owing to strong presence of major auto manufacturers. Presence of renewable energy equipment manufacturers in this region also is anticipated to drive the regional market.
We surveyed the Lightweight Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lightweight Materials Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Lightweight Materials Market Segment Percentages, by Type, 2022 (%)
- Aluminum
- High Strength Steel
- Titanium
- Magnesium
- Polymers and Composites
- Others
Global Lightweight Materials Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Lightweight Materials Market Segment Percentages, by Application, 2022 (%)
- Automotive
- Aviation
- Energy
- Others
Global Lightweight Materials Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Lightweight Materials Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Lightweight Materials revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Lightweight Materials revenues share in global market, 2022 (%)
- Key companies Lightweight Materials sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Lightweight Materials sales share in global market, 2022 (%)
Key players include:
- SABIC
- Formosa Plastics
- Alcoa
- Allegheny Technology Incorporated
- Aleris International
- Covestro
- 3M
- Advanced Magnesium Alloys
- Akzo Nobel
- BASF
- Bayer Material Science
- Celanese
- Cytec Industries
- DowDuPont
- Dwa Aluminum Composites
- Exatec
- Fmw Composite Systems
- Freightcar America
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lightweight Materials, market overview.
Chapter 2: Global Lightweight Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Lightweight Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lightweight Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lightweight Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
