openPR Logo
Press release

Lightweight Materials Market - Global Industry Analysis 2020

12-28-2016 08:56 AM CET | Industry, Real Estate & Construction

Press release from: TMR – Research Reports

Lightweight Materials Market - Global Industry Analysis 2020

The steadfast emphasis on reducing carbon emissions, which has resulted in a remarkable increase in the demand for fuel-efficient vehicles, will contribute enormously to the growth of the global lightweight materials market, says Transparency Market Research in its latest report.The report is titled, ‘Lightweight Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.’ According to the report, the global lightweight materials market stood at a valuation of US$126.30 bn in 2013, and at a 5.8% CAGR between 2014 and 2020, will reach a valuation of US$186.35 bn by 2020. The report also estimates the global lightweight materials market in terms of volume, stating that the market approximated 54,340.3 kilo tons as of 2013.

According to the report, the aerospace industry will be a major contributor to the growth of the global lightweight materials market as well. The requirements in the aerospace industry, as far as lightweight materials are concerned, are the need for lighter weight without compromising on strength. Studies have evidenced that a 1 kg reduction in the weight of an automobile can help cut down carbon dioxide emission by up to 20 kgs.

Get Free PDF Research Brochure for more Professional and Technical Insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2750

Several regional dynamics are also steering the growth of the global lightweight materials market. In the European Union, for instance, regulatory plans are afoot to penalize companies that manufacture cars with higher emissions. This has spurred a flurry of activity in the European lightweight materials market.

According to the type of lightweight material, the market has been divided into the following segments: Metals, polymers, composites, and others. The most commonly used lightweight metals used are magnesium, advanced steel, titanium, and aluminum. As of 2013, the polymers and composites segments collectively represented 30.2% of the global lightweight materials market. Aluminum is crucial not just for the automotive and aerospace industries, but also for the construction and machinery manufacturing sector. In the same year, materials such as metal matrix composites, carbon reinforced plastic composites, and ceramic composites collectively represented 0.5% of the global market for lightweight materials.

By application, the global lightweight materials market has been split into the following segments: Defense, energy, and transportation. The demand for lightweight materials is expected to remain the highest from the transportation sector. In 2013, the transportation industry spurred the highest demand for lightweight materials and accounted for a sizeable 85.7% of the market.

However, the thriving renewable energy sector is creating a massive demand for lightweight materials in wind turbines and pressure vessels. The medical devices sector is yet another appreciable contributor to the revenue growth of the lightweight materials market.

From the regional standpoint, the global lightweight material market was dominated by Asia Pacific in 2013 with a share of 40.3%. Europe and North America trailed Asia Pacific, but are expected to exhibit strong growth through the report’s forecast period. The fastest growth will be seen in the Rest of the World, the report states.

Browse the full Lightweight Materials (Aluminum, Titanium, High Strength Steel, Magnesium, Polymer & Composites and Others) Market for Defense, Energy, Transportation and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020 report at http://www.transparencymarketresearch.com/lightweight-materials-industry.html

Companies with the largest shares in the global lightweight materials market are: DuPont, Cytec Industries, Evonik Industries, ExxonMobil, Aleris International Inc, Bayer AG, Allegheny Technologies Incorporated (ATI), and Titanium Metals Corporation (TIMET).

The report segments the global lightweight materials market as:

Lightweight Materials Market - Product Segment Analysis
Aluminum
Titanium
High Strength Steel
Magnesium
Polymer and composites
Others (Ceramic composites, carbon fiber composites and hybrid materials)

Lightweight Materials Market - Application Segment Analysis
Defense
Energy
Transportation
Others (Medical applications, etc.)

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://globalresearchanalysis.blogspot.in/

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 - Global Industry Analysis 2020 here

News-ID: 402332 • Views: 350

More Releases from TMR – Research Reports

Power Line Communication Market to Present Highly Lucrative Opportunities for Ma …
Power Line Communication (PLC) is an emerging communication technology which enables data exchange over existing power cables. It uses power grids to communicate between two end-points. PLC technology allow users to control or retrieve data in a half-duplex manner. Furthermore, in this communication method, sender modulates the data, and injects in power cables which can be retrieved by de-modulation at the receiving end. PLC technology is widely used for home
Wood Coatings Market - Roof coatings to Register High Demand | 2025
The global wood coatings market is choc-o-bloc with players and this has served to intensify the competition over the years. Product differentiation is a key tool leveraged by players to steal a march over their competitors. Key factors promoting growth in the market are the soaring construction activities across the globe and the increasing spending capacity of people which has stoked sales of furniture. Another factor catalyzing growth in the global
Welding Materials Market - Thriving Growth In Industrial Application Segments By …
The global welding materials market is growing on account of the thriving growth of application segments such as transportation, building and construction, marine, and automobiles. The growing urbanization in developing nations will drive the growth of this market. The increasing infrastructure development in Asia Pacific will also fuel the growth of the welding materials market. The technological advancements in the automobile industry will also aid the growth of this market.
Intumescent Coatings Market Demand for Improved Fire Safety to Fuel Growth By 20 …
The global intumescent coatings market has remained moderately concentrated as nearly 45% of its overall share was held by three enterprises in 2015. These companies were Sherwin-Williams Co., PPG Industries Inc., and Nobel N.V., finds Transparency Market Research (TMR) in a new study. These companies, besides other prominent market players are continuously making efforts to expand their regional footprint by establishing new manufacturing units. While expanding operations across emerging nations has

All 5 Releases


More Releases for Materials

Aerospace Materials Market
https://www.qandqmarketresearch.com/reports/7743602/aerospace-materials-market-26 This report researches the worldwide Aerospace Materials market size value, capacity, production and consumption in key regions like United States, Europe, China, Japan and other regions. This study categorizes the global Aerospace Materials breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis. Global Aerospace Materials
Materials Testing Applications: Temperature Monitoring
Automated Monitoring and Intelligent Alarming Systems At CAS DataLoggers we frequently supply data logging systems for customers who need a solution for product verification and safety/reliability testing. The summer season is an ideal time for many outdoor materials testing applications: for example, roofing materials can simply be left out in the heat to see how they perform in the most punishing conditions. Heat penetration is an important value showing how products
Graphene and 2-D Materials : Angstron Materials ,Vorbeck Materials ,Applied Grap …
Global Workforce Management Software Market reports provide CAGR Value 2018-2025 and in-depth analysis of Top Players, Geography, End users, Applications, Competitor analysis, Sales, Revenue, Price, Gross Margin, Market Share, Trends and Forecast. Workforce Management Software Market Report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Workforce Management Software market analysis is provided for the international markets including development trends, competitive landscape analysis, and
Magnetic Materials Market
Magnetic materials possess magnetic properties and have ability to produce the magnetization. They can be magnetized or naturally possess magnetic properties. According to ease of magnetization, magnetic materials are classified as hard, semi-hard, and soft magnets. Hard magnetic materials are suitable for permanent magnets while soft for temporary. Soft magnetic materials are used in high and low-frequency applications such as transformer cores, microwave applications, and recording heads. Magnetic materials ranging from
Cutting Tool Materials Market
Researchmoz added Most up-to-date research on "Cutting Tool Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its huge collection of research reports. Cutting tools are widely used for machining in the manufacturing and metal processing sectors. These tools are used to cut and resize the workpiece by various processes such as milling, turning, drilling, and grinding. Several materials are available and have specific
Macroporous Materials Market Report 2017
Macroporous Materials Market Asia-Pacific Macroporous Materials market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/asia-pacific-macroporous-materials-market-report-2017-1642198 Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Macroporous Materials for these regions, from 2012