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PUBLISHER: IMARC | PRODUCT CODE: 1370393
PUBLISHER: IMARC | PRODUCT CODE: 1370393
Lightweight Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 140 Pages
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Abstract
Market Overview:
The global lightweight materials market size reached US$ 193.4 Billion in 2022 Looking forward, IMARC Group expects the market to reach US$ 305.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028.
Lightweight materials are composites and metal alloys comprising aluminum, magnesium, beryllium, titanium, titanium aluminides, engineering plastics, structural ceramics, polymer, and ceramic matrices. They are environment-friendly, help reduce carbon footprints and offer several advantages, such as corrosion and oxidation resistance, high electrical and thermal conductivities, low density, high reflectivity, high ductility, high strength, and cost-efficiency. As a result, they find extensive applications in the aerospace, defense, healthcare, electronics, construction, automotive, and packaging industries across the globe.
Lightweight Materials Market Trends:
Lightweight materials are used to manufacture different parts of vehicles in the automotive sector as they reduce heavy-duty vehicle weight without compromising safety, performance, recyclability, and cost. This, coupled with the burgeoning automotive industry, represents one of the key factors driving the market. Moreover, lightweight materials help improve 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. This, coupled with the rising adoption of electric vehicles (EVs) to reduce harmful air pollution, is propelling the growth of the market. In addition, the growing employment of lightweight materials in the wind energy sector for manufacturing windmills is positively influencing the market across the globe. Besides this, the increasing application of lightweight materials in the aviation industry to reduce fuel consumption is offering lucrative growth opportunities to industry investors. Apart from this, there is a rise in the use of aluminum alloys in the food and beverage (F&B) industry for producing foils, beverage cans, and cooking and food processing utensils. This, in confluence with the expanding F&B sector, is catalyzing the demand for lightweight materials.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global lightweight materials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and application.
Breakup by Type:
Metal Alloys
Composites
Polymers
Breakup by Distribution Channel:
Direct
Indirect
Breakup by Application:
Automotive
Aerospace
Wind
Marine
Electronics
Construction
Consumer Goods
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alcoa Corporation, Arcelormittal S.A., China Hongqiao Group Limited, Dupont De Nemours Inc., Exxon Mobil Corporation, Novelis Inc. (Hindalco Industries Limited), Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), SGL Carbon SE, Solvay S.A., Teijin Limited, Thyssenkrupp Ag and Toray Industries Inc.
Key Questions Answered in This Report:
- How has the global lightweight materials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global lightweight materials market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global lightweight materials market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A5546
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Lightweight Materials Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Metal Alloys
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Composites
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Polymers
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Direct
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Indirect
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Automotive
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aerospace
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Wind
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Marine
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Electronics
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Construction
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Consumer Goods
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
- 8.8 Others
- 8.8.1 Market Trends
- 8.8.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Alcoa Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Arcelormittal S.A.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 China Hongqiao Group Limited
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Dupont De Nemours Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Exxon Mobil Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Novelis Inc. (Hindalco Industries Limited)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 SWOT Analysis
- 14.3.7 Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 SGL Carbon SE
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Solvay S.A.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Teijin Limited
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Thyssenkrupp Ag
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Toray Industries Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 Alcoa Corporation
Product Code: SR112023A5546
List of Figures
- Figure 1: Global: Lightweight Materials Market: Major Drivers and Challenges
- Figure 2: Global: Lightweight Materials Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Lightweight Materials Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Lightweight Materials Market: Breakup by Type (in %), 2022
- Figure 5: Global: Lightweight Materials Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Lightweight Materials Market: Breakup by Application (in %), 2022
- Figure 7: Global: Lightweight Materials Market: Breakup by Region (in %), 2022
- Figure 8: Global: Lightweight Materials (Metal Alloys) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Lightweight Materials (Metal Alloys) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Lightweight Materials (Composites) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Lightweight Materials (Composites) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Lightweight Materials (Polymers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Lightweight Materials (Polymers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Lightweight Materials (Direct) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Lightweight Materials (Direct) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Lightweight Materials (Indirect) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Lightweight Materials (Indirect) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Lightweight Materials (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Lightweight Materials (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Lightweight Materials (Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Lightweight Materials (Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Lightweight Materials (Wind) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Lightweight Materials (Wind) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Lightweight Materials (Marine) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Lightweight Materials (Marine) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Lightweight Materials (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Lightweight Materials (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Lightweight Materials (Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Lightweight Materials (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Lightweight Materials (Consumer Goods) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Lightweight Materials (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Lightweight Materials (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Lightweight Materials (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: North America: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: North America: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: United States: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: United States: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Canada: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Canada: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Asia-Pacific: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Asia-Pacific: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: China: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: China: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Japan: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Japan: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: India: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: India: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: South Korea: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: South Korea: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Australia: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Australia: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Indonesia: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Indonesia: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Others: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Others: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Europe: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Europe: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Germany: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Germany: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: France: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: France: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: United Kingdom: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: United Kingdom: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Italy: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Italy: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Spain: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Spain: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Russia: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Russia: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Latin America: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Latin America: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Brazil: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Brazil: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Mexico: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Mexico: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Others: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Others: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Middle East and Africa: Lightweight Materials Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Middle East and Africa: Lightweight Materials Market: Breakup by Country (in %), 2022
- Figure 82: Middle East and Africa: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Global: Lightweight Materials Industry: SWOT Analysis
- Figure 84: Global: Lightweight Materials Industry: Value Chain Analysis
- Figure 85: Global: Lightweight Materials Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Lightweight Materials Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Lightweight Materials Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Lightweight Materials Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Lightweight Materials Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Lightweight Materials Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Lightweight Materials Market: Competitive Structure
- Table 7: Global: Lightweight Materials Market: Key Players
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