Global Lightweight Material Market Analysis, Growth, Trends & Forecasts 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Lightweight Material Market - Segmented by Resin Type, by End-user Industry and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global lightweight material market is expected to register a moderate growth during the forecast period, 2018 to 2023.

The demand for polycarbonate is growing over the forecast period, owing to the properties, such as amorphous, ductile and transparent polymer, as well as UV resistance and chemical resistance, which makes it suitable for a variety of applications. Polycarbonate is used in automotive sector for tail, back-up, and fog lights, along with aesthetically appealing components.

Automotive is expected to be the largest market for lightweight materials due to the growing demand for lightweight materials in the automotive industry, in order to provide increased efficiency and design flexibility. Lightweight materials offer manufacturers the advantages of design flexibility and comparable strength of steel, which help in reducing the overall weight and controlling greenhouse gasses emissions. Furthermore, factors, such as corrosion resistance, high strength, stiffness and aesthetic appearance properties, are expected to positively influence the demand for lightweight materials in the automotive industry.

North America accounted for the largest market for lightweight materials during the forecast period. North America is witnessing a huge demand for lightweight automobiles, driven by the growing consumer preference for high-quality, fuel-efficient automobiles. Therefore, the utilization of lightweight materials for manufacturing automobiles is rapidly increasing in the region. In addition with this, the growing aerospace industry in the region is also boosting the demand for lightweight materials in North America.

Companies Mentioned

  • Arcelormittal SA
  • Alcoa Inc.
  • Saudi Basic Industries Corporation
  • PPG Industries Inc.
  • Toray Industries Inc.
  • Dead Sea Magnesium Ltd.
  • Hexcel Corporation
  • Novelis Inc.
  • Owens Corning
  • Styron LLC
  • Thyssenkrupp Ag
  • Titanium Metals Corporation
  • US Magnesium LLC
  • VSMPO-AVISMA Corporation

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/r4m4dp/global?w=4

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Related Topics: Advanced Materials

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Advanced Materials