Lightweight Materials Market 2019: Top Manufactures like Alcoa Corporation, BAYER AG, Evonik Industries AG, Formosa Plastics Corporation, Novelis, PPG Industries, Inc., SABIC

The Lightweight Materials Market is anticipated to grow in the forecast period owing to driving factors such as rising material innovation in the aerospace industry and rapidly growing windmill industry. Stringent environmental regulations regarding vehicular emission and efficiency coupled with soaring fuel prices further propel the growth of the lightweight materials market. However, high costs of lightweight materials and safety and technological constraints associated with the product restrict market growth. Nonetheless, the lightweight materials market is likely to showcase growth opportunities with increasing adoption of polymer and composites in vehicular design in the automotive industry.

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The report also includes the profiles of key lightweight materials companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• Alcoa Corporation
• BAYER AG
• Evonik Industries AG
• Formosa Plastics Corporation
• Novelis
• PPG Industries, Inc.
• Precision Castparts Corp.
• SABIC
• Solvay SA
• Toray Industries, Inc.

Market Scope:

The "Global Lightweight Materials Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of lightweight materials market with detailed market segmentation by product, application and geography. The global lightweight materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lightweight materials market players and offers key trends and opportunities in the market.

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MARKET SEGMENTATION

Based on product, the market is segmented as
• Aluminum
• High Strength Steel
• Titanium
• Magnesium
• Polymers & Composites and Others
On the basis of the application the market is segmented as
• Automotive
• Aviation
• Energy and Others

The report analyzes factors affecting lightweight materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the lightweight materials market in these regions.

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This release was published on openPR.