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Lightweight Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global lightweight materials market reached a value of US$ 177.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 286.1 Billion by 2027, exhibiting a CAGR of 8.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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, along with forecasts at the global, regional and country level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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?

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
    9.2    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
    9.3    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
    9.4    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
    9.5    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

List of Figures

Figure 1: Global: Lightweight Materials Market: Major Drivers and Challenges
Figure 2: Global: Lightweight Materials Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Lightweight Materials Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Lightweight Materials Market: Breakup by Type (in %), 2021
Figure 5: Global: Lightweight Materials Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Lightweight Materials Market: Breakup by Application (in %), 2021
Figure 7: Global: Lightweight Materials Market: Breakup by Region (in %), 2021
Figure 8: Global: Lightweight Materials (Metal Alloys) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Lightweight Materials (Metal Alloys) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Lightweight Materials (Composites) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Lightweight Materials (Composites) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Lightweight Materials (Polymers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Lightweight Materials (Polymers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Lightweight Materials (Direct) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Lightweight Materials (Direct) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Lightweight Materials (Indirect) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Lightweight Materials (Indirect) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Lightweight Materials (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Lightweight Materials (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Lightweight Materials (Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Lightweight Materials (Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Lightweight Materials (Wind) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Lightweight Materials (Wind) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Lightweight Materials (Marine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Lightweight Materials (Marine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Lightweight Materials (Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Lightweight Materials (Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Lightweight Materials (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Lightweight Materials (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Lightweight Materials (Consumer Goods) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Lightweight Materials (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Lightweight Materials (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Lightweight Materials (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Lightweight Materials Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Lightweight Materials Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Lightweight Materials Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Lightweight Materials Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Lightweight Materials Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Lightweight Materials Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Lightweight Materials Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Lightweight Materials Market: Competitive Structure
Table 7: Global: Lightweight Materials Market: Key Players

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