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Lightweight Materials Market Worth $237.1 Billion by 2026 | CAGR: 7.9%

The well-known companies profiled in the l report include Evonik Industries, Toray Industries Inc., Aleris International, PPG Industries, Inc., Thyssenkrupp AG, ArcelorMittal SA, Hexcel Corporation, Titanium Metals Corporation, Formosa Plastics Group, and Bayer AG among others. These companies are consistently launching new products to enhance their offerings in the market.

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Lightweight Materials Market Worth $237.1 Billion by 2026 | CAGR: 7.9%

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  1. Lightweight Materials Market Market Set to Exceed $237.1 Billion by 2026 | CAGR: 7.9%

  2. Lightweight Materials Market Worth $237.1 Billion by 2026 ““Lightweight Materials Market Size, Share & 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”” 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. Browse Detailed Research Report On Lightweight Materials Market Analysis: https://www.polarismarketresearch.com/industry-analysis/lightweight-materials-market 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. 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. - 2 -

  3. Lightweight Materials Market Worth $237.1 Billion by 2026 The well-known companies profiled in the l report include Evonik Industries, Toray Industries Inc., Aleris International, PPG Industries, Inc., Thyssenkrupp AG, ArcelorMittal SA, Hexcel Corporation, Titanium Metals Corporation, Formosa Plastics Group, and Bayer AG among others. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products in the lightweight materials industry to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base. Request for sample: https://www.polarismarketresearch.com/industry-analysis/lightweight- materials-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Lightweight Materials Market Insights 3.1. Lightweight Materials – Industry snapshot 3.2. Lightweight Materials - Ecosystem analysis - 3 -

  4. Lightweight Materials Market Worth $237.1 Billion by 2026 3.3. Lightweight Materials Market Dynamics 3.4. Lightweight Materials – Market Forces 3.4.1. Lightweight Materials Market Driver Analysis 3.4.2. Lightweight Materials Market Restraint/Challenges analysis 3.4.3. Lightweight Materials Market Opportunity Analysis 3.5. Industry analysis - Porter's five force 3.5.1. Bargaining power of supplier 3.5.2. Bargaining power of buyer 3.5.3. Threat of substitute 3.5.4. Threat of new entrant 3.5.5. Degree of competition 3.6. Lightweight Materials Market PEST Analysis, 2017 3.7. Lightweight Materials Market Value Chain Analysis 3.8. Lightweight Materials Industry Trends 3.9. Competitive Ranking Analysis 4. Lightweight Materials Market Size and Forecast, 2018-2026 by Product 4.1. Key Findings 4.2. Metal Alloys 4.2.1. High Strength Steel 4.2.2. Aluminum 4.2.3. Titanium 4.2.4. Magnesium 4.3. Composites 4.3.1. Carbon-fiber reinforced plastic (CFRP) 4.3.2. Glass-fiber reinforced plastic (GFRP) 4.4. Polymers 4.4.1. Polycarbonate 4.4.2. Polypropylene 5. Lightweight Materials Market Size and Forecast, 2018-2026 by End-User 5.1. Key Findings 5.2. Aerospace 5.3. Automotive 5.4. Marine 5.5. Energy 5.6. Construction 5.7. Others 6. Lightweight Materials Market Size and Forecast, 2018-2026 by Region 6.1. Key Findings 6.2. North America 6.2.1. U.S. 6.2.2. Canada 6.3. Europe 6.3.1. Germany 6.3.2. UK 6.3.3. France 6.3.4. Italy 6.3.5. Rest of Europe 6.4. Asia-Pacific 6.4.1. China 6.4.2. India 6.4.3. Japan 6.4.4. Rest of Asia-Pacific - 4 -

  5. Lightweight Materials Market Worth $237.1 Billion by 2026 6.5. Latin America 6.5.1. Brazil 6.5.2. Mexico 6.6. Middle East & Africa 7. Company Profiles 7.1. Evonik Industries 7.1.1. Overview 7.1.2. Financials 7.1.3. Product Benchmarking 7.1.4. Recent Developments 7.2. Toray Industries Inc. 7.2.1. Overview 7.2.2. Financials 7.2.3. Product Benchmarking 7.2.4. Recent Developments 7.3. Aleris International 7.3.1. Overview 7.3.2. Financials 7.3.3. Product Benchmarking 7.3.4. Recent Developments 7.4. PPG Industries, Inc. 7.4.1. Overview 7.4.2. Financials 7.4.3. Product Benchmarking 7.4.4. Recent Developments 7.5. Thyssenkrupp AG 7.5.1. Overview 7.5.2. Financials 7.5.3. Product Benchmarking 7.5.4. Recent Developments 7.6. ArcelorMittal SA 7.6.1. Overview 7.6.2. Financials 7.6.3. Product Benchmarking 7.6.4. Recent Developments 7.7. Hexcel Corporation 7.7.1. Overview 7.7.2. Financials 7.7.3. Product Benchmarking 7.7.4. Recent Developments 7.8. Titanium Metals Corporation 7.8.1. Overview 7.8.2. Financials 7.8.3. Product Benchmarking 7.8.4. Recent Developments 7.9. Formosa Plastics Group 7.9.1. Overview 7.9.2. Financials 7.9.3. Product Benchmarking 7.9.4. Recent Developments 7.10. Bayer AG 7.10.1. Overview - 5 -

  6. Lightweight Materials Market Worth $237.1 Billion by 2026 7.10.2. Financials 7.10.3. Product Benchmarking 7.10.4. Recent Developments 7.11. SABIC 7.11.1. Overview 7.11.2. Financials 7.11.3. Product Benchmarking 7.11.4. Recent Developments 7.12. Cytec Solvay Group 7.12.1. Overview 7.12.2. Financials 7.12.3. Product Benchmarking 7.12.4. Recent Developments 7.13. Alcoa Inc. 7.13.1. Overview 7.13.2. Financials 7.13.3. Product Benchmarking 7.13.4. Recent Developments 7.14. Precision Castparts Corp. 7.14.1. Overview 7.14.2. Financials 7.14.3. Product Benchmarking 7.14.4. Recent Developments 7.15. Allegheny Technologies Incorporated 7.15.1. Overview 7.15.2. Financials 7.15.3. Product Benchmarking 7.15.4. Recent Developments 7.16. Novelis Inc. 7.16.1. Overview 7.16.2. Financials 7.16.3. Product Benchmarking 7.16.4. Recent Developments Access Press Release on Lightweight Materials Market: https://www.polarismarketresearch.com/press-releases/global-lightweight-materials-market About Polaris Market Research 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, 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 - 6 -

  7. Lightweight Materials Market Worth $237.1 Billion by 2026 extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 7 -

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