Lightweight Materials Market Top 10 Key Players ReviewsPosted by Stephen Lobo on November 21st, 2022 The increasing utilization of lightweight materials by various sectors has led to the growth of the market. The lightweight materials market is estimated to reach 3.1 billion by 2019, at a CAGR of 8.5% from 2014 to 2019. The automotive industry accounts for 89% of the total lightweight materials market in terms of volume. It is the largest market for these materials. The automotive industry is increasingly utilizing lightweight materials to replace traditional materials. The shift is mainly attributed to the revised vehicle emissions and stringent regulation deadlines. The lightweight materials such as aluminum and high-strength steel have properties that help reduce vehicle weight without compromising the safety aspects of the vehicle. These metals have higher strength than steel and also provide enhanced fuel efficiency. In addition, these metals provide more benefits other than reduced weight. Major players such as Jaguar, BMW, Mercedes-Benz, Audi, and many more have adopted lightweight materials for the manufacture of cars. The need for renewable energy has led to an increase in wind power plants. The wind energy industry in recent times has taken on use of composite materials. Similarly, the aviation industry has increased the use of composites for airplane structure. Lightweight Materials Market Segmentation By Type
By Application
By Geography
APAC is expected to have the largest market size in the global small-scale LNG market during the forecast period APAC is projected to be the leading small-scale LNG industry, globally, during the forecast period. The growth in the APAC region can be attributed to the rising demand from heavy-duty vehicles and industrial & power sectors. The presence of a robust industrial base, favorable government policies, and low labor costs along with growing demand for small-scale LNG in the region are further strengthening the market and attracting major players to invest in the region. Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=144806797 Lightweight Materials Market Key Players
Competitive developments of top players in the market have been discussed in detail. The leading players of the industries are -
and others have been profiled with their recent developments and other strategic industry activities. Lightweight Materials Market Table of Contents 1 Introduction (Page No. - 31) 2 Executive Summary (Page No. - 46) 3 Premium Insigths (Page No. - 49) 4 Market Overview (Page No. - 54) Continued... About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Contact: Mr. Aashish Mehra The increasing utilization of lightweight materials by various sectors has led to the growth of the market. The lightweight materials market is estimated to reach 3.1 billion by 2019, at a CAGR of 8.5% from 2014 to 2019. Get Sample Copy of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=144806797 The automotive industry accounts for 89% of the total lightweight materials market in terms of volume. It is the largest market for these materials. The automotive industry is increasingly utilizing lightweight materials to replace traditional materials. The shift is mainly attributed to the revised vehicle emissions and stringent regulation deadlines. The lightweight materials such as aluminum and high-strength steel have properties that help reduce vehicle weight without compromising the safety aspects of the vehicle. These metals have higher strength than steel and also provide enhanced fuel efficiency. In addition, these metals provide more benefits other than reduced weight. Major players such as Jaguar, BMW, Mercedes-Benz, Audi, and many more have adopted lightweight materials for the manufacture of cars. The need for renewable energy has led to an increase in wind power plants. The wind energy industry in recent times has taken on use of composite materials. Similarly, the aviation industry has increased the use of composites for airplane structure. Lightweight Materials Market Segmentation By Type
By Application
By Geography
APAC is expected to have the largest market size in the global small-scale LNG market during the forecast period APAC is projected to be the leading small-scale LNG industry, globally, during the forecast period. The growth in the APAC region can be attributed to the rising demand from heavy-duty vehicles and industrial & power sectors. The presence of a robust industrial base, favorable government policies, and low labor costs along with growing demand for small-scale LNG in the region are further strengthening the market and attracting major players to invest in the region. View Full Report with TOC & List of Figure: https://www.marketsandmarkets.com/Market-Reports/lightweight-material-market-144806797.html Lightweight Materials Market Key Players Competitive developments of top players in the market have been discussed in detail. The leading players of the industries are -
and others have been profiled with their recent developments and other strategic industry activities. Lightweight Materials Market Table of Contents 1 Introduction (Page No. - 31) 2 Executive Summary (Page No. - 46) 3 Premium Insigths (Page No. - 49) 4 Market Overview (Page No. - 54) Continued... About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Contact: Mr. Aashish Mehra Like it? Share it!More by this author |