Title: lightweight metals market (1)
1Global Lightweight Metals Market Industry
Trends and Forecast to 2026
Global Lightweight Metals Market By Type
(Composite, Metals, Plastics), Applications
(Aerospace, Marine, Chemical Process, Medical),
Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa)
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2Report Description
Global lightweight metals market is set to
witness a substantial CAGR of 8.75 in the
forecast period of 2019- 2026. Light metals are
those metals which usually have low density and
high strength. These light metals have very low-
toxicity as compared to the heavy metals.
Aluminium, titanium, beryllium and magnesium are
some of the common type of the lightweight
metals. These light metals are widely used in the
industries like aerospace, chemical process,
medical and marine. They usually improve p
product shape, conductivity, ductility,
malleability, yield strength, and melting
point.
3Major Key Players
- Some of the major players operating in this
market are - Solvay
- Exxon Mobil Corporation.
- SABIC
- Bayer AG
- TORAY INDUSTRIES, INC.
- Novelis
- ArcelorMittal
- PPG Industries, Inc.
- Alcoa Corporation.
- VSMPO-AVISMA Corporation.
- U.S. Magnesium LLC
- Precision Castparts Corp
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4Market Segmentation
- By Type (Composite, Metals, Plastics)
- By Applications (Aerospace, Marine, Chemical
Process, Medical) - By Geography (North America, South America,
Europe, Asia-Pacific, Middle East and Africa)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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