Global Lightweight Materials Market Forecast 2017-2023 Global Lightweight Materials Market Forecast 2017 | Page 2
Global Lightweight Materials Market
Analysis and Forecast, 2017-2023
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 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. The report addresses
the following key questions about the global lightweight materials market:
• What is the global lightweight materials market size in terms of revenue from 2016-
2023?
•
Which is the dominant type and sub-type by revenue in the lightweight materials market?
• What is the revenue generated by the different lightweight materials by type and sub-
type in the lightweight materials market?
• What is the revenue generated in the different applications of the lightweight materials
market?
• What are the different factors driving the market in the forecast period?
• What are the major factors challenging the growth of global lightweight materials market?
• What are opportunities for the global lightweight materials market?
• What kind of new strategies are being adopted by existing market players to make a
mark in the industry?
• What is the revenue generated by the different geographic regions in the lightweight
materials market?
•
Which region will lead to the global lightweight materials market by the end of the
forecast period?
• Which are the existing key market players that have made a mark in the lightweight
materials market?
The report has put special emphasis on the market share and size of metals, composites and
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