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Lightweight Materials Market Size Worth USD
303.82 Billion in 2028
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Increasing focus on enhancing automotive
fuel-efficiency and growing investments in
renewable energy sector are key factors driving
global lightweight materials market revenue
growth
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Our Model
Market Analysis
Financial Analysis
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Brand Analysis
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Competitor Analysis
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Demand Analysis
Risk Analysis
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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
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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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. 
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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
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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_
https//www.emergenresearch.com/industry-report/li
ghtweight-materials-market
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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
MARKET SEGMENTATION
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Regional Share Dynamics
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