DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Lightweight Materials Market - Analysis & Forecast 2017-2023 (Focus on Metals, Composites, Plastics, Applications in Automotive, Aerospace & Defense and Wind Energy)" report to their offering.
The Lightweight Materials Market is Estimated to Reach $242.78 Billion by 2023
The global lightweight materials market in terms of value is estimated to witness a growth at a CAGR of 7.0% between 2017 and 2023. The increasing demand and the growth rate for lightweight materials in the market is attributed to their increasing usage in end-use industries such as automotive, aerospace & defense, wind energy and others.
The rising demand is in line with the unique properties of lightweight materials. The properties such as low density, high strength and stiffness, high ductility, temperature and corrosion resistance make lightweight materials a preferred choice over conventional materials such as iron and steel.
These properties help in weight reduction, leading to increased fuel economy, reduced CO2 emissions and longer life and low maintenance costs.
The report is a compilation of various segmentations including market breakdown by lightweight material type, sub-type, end-use applications, and different geographical regions. It also includes sections on competitive insights and market dynamics. Herein the revenue generated from lightweight materials is tracked to calculate the market size.
While highlighting the key driving and restraining forces for this market, the report also provides a comprehensive section of the application areas of the lightweight materials market. It also examines the role of the leading market players involved in this market.
Key Topics Covered:
1 Research Scope and Methodology
2 Market Dynamics
3 Competitive Insights
4 Industry Analysis
5 Global Lightweight Materials Market, by Type
6 Global Lightweight Materials Market, by End-Use Industry
7 Global Lightweight Materials Market, by Region
8 Company Profiles
- Alcoa Corporation
- Arcelor Mittal S.A.
- Bayer A.G.
- China Hongqiao Group Limited
- Cytec Solvay Group
- Dead Sea Magnesium Ltd.
- E. I. Du Pont de Nemours and Company
- Exxon Mobil Corporation
- Formosa Plastic Corporation
- Hexcel Corporation
- LyondellBasell Industries N.V.
- Mitsubishi Rayon Co. Ltd.
- Novelis Inc.
- Owens Corning Corporation
- PPG Industries Inc.
- Rio Tinto Group
- SGL Group
- Saudi Basic Industries Corporation
- Sekisui Jushi Corporation
- Teijin Limited
- ThyssenKrupp A.G.
- Titanium Metals Corporation
- Toray Industries Inc.
- Trinseo S.A.
- U.S. Magnesium LLC
- United States Steel Corporation
- (VSMPO-AVISMA) Corporation
For more information about this report visit http://www.researchandmarkets.com/research/7fx2f8/global