openPR Logo
Press release

Lightweight Materials Market Size, Revenue, Regional Share and Trends Research Report by 2031

10-18-2022 09:02 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

Lightweight Materials Market Size, Revenue, Regional Share

๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ: ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

Transparency Market Research delivers key insights on the globalย lightweight materials marketย for electric vehicles. In terms of revenue, the global lightweight materials market for electric vehicles is estimated to expand at a CAGR ofย 25.4%ย during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global lightweight materials market for electric vehicles.

The global lightweight materials market for electric vehicles is broadly affected by several factors, including increase in usage of lightweight materials for electric vehicles in various applications such as exterior trims, interior trims, and battery packs. The rise in the global demand for exterior trims and interior trims has led to significant growth in usage of lightweight materials in electric vehicles. The increase in production and demand for battery packs is expected to be the primary driver of the global lightweight materials market for electric vehicles.

๐†๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:ย https://www.transparencymarketresearch.com/lightweight-materials-industry.html

๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ: ๐Œ๐š๐ฃ๐จ๐ซ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

The global lightweight materials market for electric vehicles is consolidated, with the presence of key players. Prominent players operating in the global lightweight materials market for electric vehicles include Toray Industries Inc., SABIC, thyssenkrupp AG, Solvay, SGL Carbon SE, Covestro AG, Celanese Corporation, Novelis Inc., BASF SE, LyondellBasell Industries Holdings B.V., Constellium, Teijin Limited, Evonik Industries AG.

๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ: ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

Lightweight materials reduce the consumption of fuel in a vehicle, as less weight takes less energy at the time of acceleration. Engine components can withstand high pressure and temperature with the use of advanced materials. This, in turn, helps increase efficiency and lower emission. Advanced lightweight materials help increase fuel economy of a vehicle, while ensuring safety and performance. A 10% reduction in vehicle mass can improve fuel economy by 6% to 8%.

Lightweight materials are used in several applications of electric vehicles such as exterior trims, interior trims, battery packs, and electric motors & powertrains due to their unique properties. Lightweight materiยญals are especially important for improving the efficiency and range of hybrid electric, plug-in hybrid electric, and electric vehicles, as they offset the weight of power systems such as batteries and electric motors.

๐†๐ž๐ญ ๐๐ƒ๐… ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐Ÿ๐จ๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2750ย 

The global exterior trim segment is expected to expand considerably during the forecast period. Thus, rise in production of exterior trims, interior trims, and battery pack is projected to boost the demand for lightweight materials for electric vehicles during the forecast period.

Manufacturers are focusing on exterior trim, as the share held by this segment in the lightweight materials market for electric vehicles is likely to increase during the forecast period.

๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐ฌ

Asia Pacific holds major share of the global lightweight materials market for electric vehicles. The market in the region is anticipated to expand at a CAGR of more than 28.1% during the forecast period. Increase in demand for lightweight materials for electric vehicles in various applications such exterior trims, interior trims, and battery pack is driving the lightweight materials market for electric vehicles in Asia Pacific. China is a key country of the lightweight materials market for electric vehicles in Asia Pacific. It held significant share of the lightweight materials market for electric vehicles in Asia Pacific in 2020. The country is estimated to maintain its dominant position in the region during the forecast period.

Europe is also a prominent region of the global lightweight materials market for electric vehicles. Germany led the lightweight materials market for electric vehicles in Europe in 2020. Increase in demand for lightweight materials in exterior trims, interior trims, and battery pack of electric vehicles is driving the market in Germany.

๐†๐ž๐ญ ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐›๐ฎ๐ฒ๐ข๐ง๐ :ย https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=2750ย 

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ: ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ, ๐›๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ

Metals and Alloys

High-strength Steel

Aluminum

Magnesium

Titanium

Beryllium

Others

Composites

Carbon-fiber Reinforced Plastic (CFRP)

Glass-fiber Reinforced Plastic (GFRP)

Others

Engineering Plastics

Polycarbonate (PC)

Polyamide (PA)

Polymethyl Methacrylate (PMMA)

Polyacetal /Polyoxymethylene (POM)

PET

Others

Others [including Die Cast Magnesium & Intermetallic Compounds]

๐‚๐ฅ๐ข๐œ๐ค ๐…๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2750ย 

๐‹๐ข๐ ๐ก๐ญ๐ฐ๐ž๐ข๐ ๐ก๐ญ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ, ๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Interior Trim

Exterior Trim

Electric Motor and Powertrain

Battery Pack

Electronic Components

Bumper

Lighting

Connector and Cable

Dashboard

Others [including Brake & Radiator]

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ
๐‘๐จ๐ก๐ข๐ญ ๐๐ก๐ข๐ฌ๐ž๐ฒ

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lightweight Materials Market Size, Revenue, Regional Share and Trends Research Report by 2031 here

News-ID: 2770660 • Views: โ€ฆ

More Releases from Transparency Market Research

Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 Billion by 2035 | Transparency Market Research
12-17-2025 | Chemicals & Materials
Transparency Market Research
Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 โ€ฆ
The global silicon carbide (SiC) ceramics market continues to demonstrate strong growth potential, underpinned by accelerating demand from advanced industrial and electronic applications. Valued at US$ 1.8 Billion in 2024, the market is projected to reach US$ 3.1 Billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2035. This steady expansion reflects the increasing importance of SiC ceramics asโ€ฆ
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising Demand for Bio-Based Chemicals and Expanding Foundry Industry | TMR
12-17-2025 | Business, Economy, Finances, B โ€ฆ
Transparency Market Research
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising D โ€ฆ
The global Furfuryl Alcohol Market was valued at US$ 624.3 million in 2024 and is projected to reach US$ 1,341.2 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2035. This growth is primarily driven by the rising demand for bio-based and sustainable chemicals, along with the steady expansion of the foundry and metal casting industry, particularly across emerging economies in Asia Pacific. Gain aโ€ฆ
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by 2035 at a CAGR of 3.5% Driven by Infrastructure Expansion and Climate-Resilient Concrete Demand
12-17-2025 | Advertising, Media Consulting, โ€ฆ
Transparency Market Research
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by โ€ฆ
The global Air-Entraining Agents (AEAs) Market was valued at US$ 1.70 billion in 2024 and is projected to reach US$ 2.48 billion by 2035, expanding at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2035. This steady growth trajectory reflects the essential role AEAs play in modern concrete formulations, particularly in infrastructure projects that demand long-term durability, freeze-thaw resistance, and improved workability. Despite being a mature segment withinโ€ฆ
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn by 2035 at a CAGR of 4.2%
12-17-2025 | IT, New Media & Software
Transparency Market Research
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn โ€ฆ
The global Application-to-Person (A2P) SMS market is entering a phase of steady and resilient expansion, driven by the growing need for secure, reliable, and real-time communication between enterprises and consumers. Valued at US$ 71.2 Bn in 2024, the market is projected to reach US$ 117.0 Bn by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. Despite the rise of internet-based messaging platforms, A2P SMS continues to maintainโ€ฆ

All 5 Releases


More Releases for Lightweight

12-20-2024 | Advertising, Media Consulting, โ€ฆ
Towards Packaging
Lightweight Packaging Market Size & Innovations
The Lightweight Packaging Market is witnessing rapid expansion, fueled by global sustainability efforts, growth in e-commerce, and advancements in material science. Lightweight packaging reduces material use, waste, and transportation emissions, making it a key player in sustainable packaging. Download Statistical Data: https://www.towardspackaging.com/download-statistics/5408 Key Materials: โ€ข EPP and EPS: Ultra-light materials (98% air), offering thermal insulation and shock absorption. โ€ข PET: Recyclable, durable, and widely used for food and beverage packaging Key Trends and Findings 1. Eco-friendly Innovations: o Reducing packaging sizeโ€ฆ
11-26-2024 | Industry, Real Estate & Constr โ€ฆ
The Business research company
Electric Vehicle Lightweight Materials Market Report 2024 - Electric Vehicle Lig โ€ฆ
"The Business Research Company recently released a comprehensive report on the Global Electric Vehicle Lightweight Materials Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The electric vehicleโ€ฆ
11-14-2024 | Industry, Real Estate & Constr โ€ฆ
RUDERER Klebetechnik GmbH
RUDERER - Bonding of lightweight carbon components
From zero to one hundred in 3.21 seconds: The new BMW S 1000 RR makes the hearts of enthusiastic motorcyclists beat faster. The 210 hp superbike is the result of ultra-modern production technologies. Ultra-light composite materials ensure driving dynamics, flexibility and stability. Various manufacturers rely on the ultra-modern industrial adhesives from RUDERER KLEBETECHNIK GmbH to bond a wide variety of lightweight components together quickly, reliably and visually flawlessly. The structuralโ€ฆ
11-01-2023 | Advertising, Media Consulting, โ€ฆ
QY Research, Inc
Autoclaved Lightweight Concrete (ALC) Blockss as Currency: Exploring the Global โ€ฆ
Los Angeles, United States - In this comprehensive research study, we delve into the intricate details of the global Autoclaved Lightweight Concrete (ALC) Blocks market, providing a thorough analysis of its critical aspects. The report illuminates the anticipated growth of the global Autoclaved Lightweight Concrete (ALC) Blocks market during the forecast period, supported by SWOT analysis and Porter's Five Forces analysis. This illumination includes an in-depth exploration of the market'sโ€ฆ
07-14-2023 | Business, Economy, Finances, B โ€ฆ
INFINITY BUSINESS INSIGHTS
Lightweight Materials in Transportation Market
"Lightweight Materials in Transportation Market" In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Lightweight Materials in Transportation Market players shared by Infinitybusinessinsights.com. This report will help the viewer in Better Decision Making. In 2022, there was a $115.4 billion global market for lightweight materials used in transportation. This market is anticipated to develop at a compound annual growth rate (CAGR) of 12.6%โ€ฆ
05-10-2023 | Business, Economy, Finances, B โ€ฆ
Persistence Market Research
Driving Efficiency: Lightweight Automotive Materials Market
The global lightweight automotive materials market is slated to touch a value of about US$ 76.2 Billion in the year 2022 and grow at a steady CAGR during the assessment period. This report uses SWOT analysis, which stands for Strength, Weakness, Opportunities, and Threat to the Organization, to give an in-depth analysis of the "Lightweight Automotive Materials Market." The study on the market for lightweight automotive materials also offersโ€ฆ