Lightweight Materials Market - Forecast (2022 - 2027)

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Lightweight Materials Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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Lightweight Materials Market size is forecast to
reach 285.6 billion by 2025, after growing at
a CAGR of 8.5 during 2020-2025. Lightweight
material is increasing its demand due to the
emission reduction regulations in the automotive
industry. Also, owing to the strength-to-weight
ratio, exceptional corrosion resistance, and
greater design flexibility lightweight material
is used in various other end use industries such
as aircraft, windmills, and marine. Besides,
based on the need for rising efficiency and
reducing costs the market for the lightweight
materials industry is expected to drive in the
forecast period.
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• Key Takeaways
• APAC and North America dominate the Lightweight
  Materials Market due to the increasing use of
  aluminum, polymers, and composites, and high
  strength steel for the production of lightweight
  automotive and aircraft.
• Rising fuel costs, the introduction of emission
  standards, and the financial consequences of
  adhering to such standards are expected to
  increase demand for lightweight materials in the
  automotive industry in the forecast era.
• Maintenance and high cost of lightweight material
  in various end-use industries will hinder the
  growth of the market in the forecast period.

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By Distribution Channel- Segment
Analysis Composites are widely used in the
lightweight materials market. Due to its ability
to reduce vehicle weight and boost fuel
efficiency, the demand for the product is
estimated to rise in the forecast period.
Lightweight composites are both powerful and
light and therefore save money and manpower.
Fiber-reinforced composite has an excellent
strength-to-weight ratio, which surpasses other
materials. Also, composites reinforced with
carbon fiber are 70 lighter than steel and 40
lighter than aluminum.
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• Lightweight Materials
  Market Outlook 
•  Alcoa INC
• PPG Industries, INC
• Arcelormittal S.A
• Toray Industries, INC
• Hexcel Corporation
• Styron LLC
• Novelis INC
• Titanium Metals Corporation
• Owens Corning

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Lightweight Materials Market - Forecast(2022 -
2027) Learn More About the Report _at_
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Materials-Market-Research-500365
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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