Market Research Reports

Participants in the global lightweight materials market collaborate to develop finished products. Some of the savvy companies are now focusing on the development of new products for the aerospace industry which generates a lot of demand. At the forefront of driving growth in the lightweight materials market is the booming transportation sector. This is because, lightweight materials, namely aluminum, titanium, and composites help in increasing payload capacity and also enhance energy efficiency in aircrafts, thereby generating increased revenues for airlines. Because of the energy efficiency they accord, lightweight materials are seeing increased uptake as they serve to bring down carbon emissions from vehicles and aircrafts, thereby contributing to the environment. One factor posing a challenge to the global lightweight materials market is their steep price. Traditional materials such as steel cost much less. A report by Transparency Market Research (TMR) forecasts the glo...

Some of the key players in the  global lightweight materials market  include Cytec Industries, ExxonMobil, DuPont, Evonik Industries, Aleris International Inc, Bayer AG, Titanium Metals Corporation (TIMET) and Allegheny Technologies Incorporated (ATI). Value chain of the lightweight materials industry is interconnected with players in each segment. These players collaborate to develop final products. Companies such as Allegheny Technologies Incorporated and Titanium Metals Corporation operate across the value chain, from producing raw materials to manufacturing vital components for end-user industries. These companies are now focusing on the development of new products for the aerospace industry due to high demand from the sector.  The global market for lightweight materials is estimated to rise at a steady CAGR of 5.80% during the forecast period of 2014 to 2020, reaching a valuation of US$186.3 bn by the end of 2020. Request For Sample Of This Report: ...

Transparency Market Research (TMR) has released a market study detailing the global lightweight materials market from 2014 to 2020. The report is titled  “Lightweight Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”  and states that the market for lightweight materials will reach a valuation of US$186.3 bn by 2020, increasing from US$126.3 bn in 2013 at a modest CAGR of 5.80% from 2014 to 2020. By volume, the said market amounted to 54,340.3 mn kg in 2013. The report states that the market for lightweight materials receives major demand from the transportation sector. The use of lightweight materials such as aluminum, titanium, and composites in aircraft helps in revenue generation, due to the increased payload capacity and enhanced energy efficiency of the aircraft.Increasing environmental concerns across the globe associated with carbon emissions from vehicles are driving the demand for lightweight materials in the aut...