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ishadeshpande (12)


Increasing focus on enhancing automotive fuel-efficiency and growing investments in renewable energy sector are key factors driving global lightweight materials market revenue growth – PowerPoint PPT presentation

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Title: ishadeshpande (12)

Lightweight Materials Market Size Worth USD
303.82 Billion in 2028
Increasing focus on enhancing automotive
fuel-efficiency and growing investments in
renewable energy sector are key factors driving
global lightweight materials market revenue
Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
Demand Analysis
Risk Analysis
Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
Customer Identification Survey
Competitive Landscape / MA Feasibility
Industries We Cater to
Market Summary
 The global lightweight materials market size is
expected to reach USD 303.82 Billion in 2028 and
register a revenue CAGR of 8.3 during forecast
period, according to latest analysis by Emergen
Research. Steady market revenue growth is
attributed to increasing focus on enhancing
automotive performance and fuel efficiency.
Lightweight materials, including polycarbonate,
polyamide, Carbon Fiber Reinforced Plastic
(CFRP), and aluminum aid in reducing weight of
vehicles, marine vessels, and aircraft among
others, and thus improve fuel-efficiency by
decreasing fuel consumption and Greenhouse Gas
(GHG) emissions, thereby reducing environmental
impact. Studies show that around 10.0
reduction in overall vehicle weight would lead to
an increase in fuel efficiency of over 5.0.
Also, lightweight materials enable more
flexibility and novelty in design of aerodynamic
shapes, which are normally difficult to realize
with materials such as steel, iron, and others.
Increasing investment in renewable energy sector
is a key driver of growth of the lightweight
materials market. Currently, wind energy accounts
for around 10 of global supply of energy, and
this is estimated to increase significantly in
the coming years.
Market Summary
  • Some Key Highlights From the Report
  • In June 2021, Nexeo Plastics, which is a firm
    engaged in distribution of thermoplastic resins,
    made an announcement about entering an agreement
    with Covestro AG for distribution of
    Polycarbonate/ABS filament used in 3D printing.
  • Among the product type segments, the plastics
    segment accounted for largest revenue share in
    2020. Rising awareness pertaining to
    deterioration of the ecosystem by GHG emissions
    and rising demand for Electric Vehicles (EVs) are
    factors fueling steady demand for plastics. Use
    of plastics in automotive and aircraft
    manufacturing aids in improving fuel efficiency
    and gives added design freedom and flexibility.
    Also, plastics find extensive use in the
    packaging industry as it enables reduced total
    weight of various packaged products.
  • Among the application segments, aerospace segment
    revenue is expected to increase at a significant
    rate over the forecast period. Rising concerns
    regarding pollution caused by aircraft emission
    is resulting in continuous efforts by major
    players in the aviation industry to increase fuel
    efficiency by reducing aircraft weight through
    use of more lightweight materials in component
    manufacturing. Apart from aiding in reducing
    carbon footprint of the aviation industry,
    lightweight aircraft help to improve flight
    performance, offer higher structural strength and
    stiffness, and enable better acceleration.
  • Request Free Sample Copy_at_ https//www.emergenresea
Market Summary
Emergen Research has segmented the global
lightweight materials market on the basis of
product type, distribution channel, application,
and region Product Type Outlook (Revenue, USD
Billion 20182028) Plastics Polycarbonate Acrylon
itrile Butadiene Styrene Polyamide Polyurethane Po
lypropylene Others Metals Aluminum High Strength
Steel Titanium Others Read More_at_
Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
Regional Share Dynamics
Latest published reports by Emergen Research
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About Us
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
Lets Talk Contact Information
Reach out to us and our Research Executives will
ensure you get the report that meets all your
requirements and address all your concerns.
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1 (604) 757-9756
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