Global Lightweight Materials Market Forecast 2017-2023 Global Lightweight Materials Market Forecast 2017 | Page 3

Global Lightweight Materials Market
Analysis and Forecast, 2017-2023
plastics, owing to their high share in the current and upcoming market of lightweight materials.
The industry analysis have also been undertaken in order to examine the impact of various
factors and understand the overall attractiveness of the industry.
The most often used strategy for developing a better hold on to the market has been through
agreements, collaborations, contracts, and partnerships, followed by new product launches. The
company profile section includes highlights of significant information about the key companies
involved, along with their financial summaries and key strategies & developmental activities
of recent years. Some of the key players involved in this market are Toray Industries Inc.,
Teijin Limited, Mitsubishi Rayon Co. Ltd., SGL Group, Hexcel Corporation, Cytec Industries,
Owens Corning Corporation, Jushi Group Co. Ltd, Dead Sea Magnesium Ltd., Titanium Metals
Corporation, Vsmpo-Avisma Corporation, ALCOA Inc., Novelis Inc., Arcelor Mittal S.A., Rio Tinto,
China Hongqiao Group, Thyssenkrup AG, Lyondellbasell Industries N.V., Formosa Plastic, and
SABIC.
Metals dominated the lightweight materials market accounting for a market share of 60% by
value in 2016. Asia Pacific generated the maximum amount of revenue in the year 2016 in
the global lightweight materials market followed by North America and Europe. Additionally,
APAC has the highest potential to grow in the forecast period due to the presence of emerging
economies such as China and India.
Global Lightweight Materials Market
Global Lightweight Materials Market: Million Tons
Global Lightweight Materials Market: US$ Billion
Leading Players
 Alcoa Inc.
 Arcelor Mittal S.A.
XX
XX
 China Hongqiao Group
 Formosa Plastics Corporation
CAGR
XX%
XX
 Mitsubishi Rayon Co. Ltd.
CAGR
XX%
 Novelis Inc.
XX
 Jushi Fiber Glass Co. Ltd.
XX
XX
 Owens Corning Corporation
 Rio Tinto Group
 SGL Group
 Toray Industries Inc.
 Trinseo S.A.
2016
2017
2023
Secondary research, expert interviews, and BIS Research Analysis
www.bisresearch.com
2016
2017
2023