At CAGR of 9.0% , Metal Replacement Market Expected To Reach $166, 762 Million By 2022 | Top Industry Players - Solvay SA, SGL-Group, Owens Corning Corporation, Celanese Corporation, BASF SE, Toray Industries

The global metal replacement market size was valued at $91, 066 million in 2015 and is expected to reach $166, 762 million by 2022, registering a CAGR of 9.0% during the forecast period. Owing to rise in demand for lightweight materials to be used in automobiles and manufacturing components of aircrafts, the global metal replacement market witnesses numerous growth opportunities.

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The automotive industry offers maximum market potential in the global metal replacement market, due to rapid developments and advancements in the technologies adopted in the production of vehicle parts. Moreover, rise in the standard of living boosts the need for metal replacement in the construction industry. The use of this process in consumer goods has witnessed major developments, owing to constant R&D to replace home appliances with lightweight materials and the rise in demand for efficient and lightweight electricals and electronics. The automotive metal replacement market is expected to register a CAGR of 9.3% during the forecast period.
The report segments the global metal replacement market based on type, end-user industry, and geography. Based on type, the market is divided into engineering plastics and composites. The engineering plastics segment is further sub-categorized into polyamide, ABS, thermoplastic polyesters, polycarbonates, polyacetals, fluoropolymers, and others. T

he composites segment is further bifurcated into GFRP and CFRP. Based on end-user industry, the market is divided into automotive, construction, aerospace & defense, packaging, healthcare, consumer goods, and others. The automotive segment is projected to register a significant CAGR during the forecast period. Geographically, the global metal replacement market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Leading Market Players :
Solvay SA, SGL-Group, Owens Corning Corporation, Celanese Corporation, BASF SE, Toray Industries, Inc., Jushi Group, Du Pont, BMW, Boeing

Covestro, LG Chem Ltd., Mitsubishi Engineering Plastics Corporation, Lanxess AG, SABIC, Evonik Industries, Teijin Limited, Vestas, CHONGQING POLYCOMP INTERNATIONAL CORP., PPG Industries, Johns Manville

KEY BENEFITS FOR STAKEHOLDERS
• The report provides an extensive analysis of the current and emerging market trends and opportunities .
• It includes a detailed qualitative and quantitative analysis of the current market estimations during the forecast period to determine the prevailing market opportunities.
• Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
• Comprehensive regional analysis based on primary as well as secondary sources is also offered.
• Extensive analysis is conducted by following key product positioning and by monitoring the top competitors within the market framework.
• The report provides extensive qualitative insights on the potential and niche segments or regions.
• The report furnishes key insights on strategic analysis of various companies and value chain analysis of the metal replacement market.

Metal Replacement Market Key Segments:
By Type
Engineering Plastics : Polyamide, ABS, Thermoplastic Polymers, Polycarbonates, Polyacetals, Fluoropolymers, Others

Composites : GFRP,CFRP

By End-User Industry : Automotive, Construction, Aerospace & Defense, Packaging, Healthcare, Consumer Goods, Others

Analysis By Geography :
6.1. INTRODUCTION
6.1.1. Market Size and Forecast
6.2. NORTH AMERICA
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast, by end-use industry

6.2.4. Canada

6.2.4.1. Market size and forecast, by end-use industry

6.2.5. Mexico

6.2.5.1. Market size and forecast, by end-use industry

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast
6.3.3. Germany

6.3.3.1. Market size and forecast, by end-use industry

6.3.4. France

6.3.4.1. Market size and forecast, by end-use industry

6.3.5. UK

6.3.5.1. Market size and forecast, by end-use industry

6.3.6. Spain

6.3.6.1. Market size and forecast, by end-use industry

6.3.7. Italy

6.3.7.1. Market size and forecast, by end-use industry

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast, by end-use industry

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast
6.4.3. India

6.4.3.1. Market size and forecast, by end-use industry

6.4.4. China

6.4.4.1. Market size and forecast, by end-use industry

6.4.5. Japan

6.4.5.1. Market size and forecast, by end-use industry

6.4.6. Australia

6.4.6.1. Market size and forecast, by end-use industry

6.4.7. Korea

6.4.7.1. Market size and forecast, by end-use industry

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast, by end-use industry

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Brazil

6.5.3.1. Market size and forecast, by end-use industry

6.5.4. KSA

6.5.4.1. Market size and forecast, by end-use industry

6.5.5. South Africa

6.5.5.1. Market size and forecast, by end-use industry

6.5.6. Rest of LAMEA

6.5.6.1. Market size and forecast, by end-use industry

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