Lightweight Materials Market by Type (Composites, Metals, Plastics), Application (Automotive, Aviation, Marine, Wind Energy) - Global Trends & Forecast to 2019
The lightweight materials market is expected to grow exponentially in the next five years. Different governments across the world have been strenghtenig regulations for reduction of vehicular pollution. Lightweighting of vehicles enhances fuel efficiency. Hence, the lightweight materials market is set to witness high growth.
The report analyzes the global lightweight materials market trends and forecasts till 2019. The market size estimations have been provided in terms of market volume (KT) and value ($million). The report also identifies major manufacturers of lightweight materials and provides analysis for each player in terms of company overview, financials, products and services offered and recent developments.
The global lightweight materials market is expected to grow at a CAGR of 8.5% from 2014 to 2019 and will reach a value of $133.1 billion. The lightweight materials market has been segmented by type into composites, metals, and plastics, which have been further sub segmented. The market for lightweight metals is growing at a high rate followed by the plastics market. The demand has increased from vehicle manufacturers for lighter metals such as high strength steel and aluminum to substitute conventional materials without compromising the quality of the vehicles.
The high cost of certain lightweight materials such as of carbon fiber reinforced plasctic acts as a constraint for its increased utilization for replacement of other materials. In spite of the cost, the market for composites is expected to grow at a CAGR of 6.6% in terms of volume by 2019. The demand is driven due to the high strength and rigidity of this material that helps to ensure higher or same level of safety as provided by conventional consumed materials for manufacturing of vehicles and air planes.
1.1. Objectives Of The Report
1.2. Report Description
1.3. Market at a Glance
1.3.1. Lightweight Materials, By Type
1.3.2. Lightweight Materials, By Application
1.3.3. Lightweight Materials, By Region
1.4. Stakeholders
1.5. Research Methodology & Assumptions
1.5.1. Key Points From Secondary Sources
1.5.2. Key Points From Primary Sources
2.EXECUTIVE SUMMARY
2.1. Introduction
2.2. Industry Snapshot
3.PREMIUM INSIGHTS
3.1. Lightweight Materials Market Share, By Type & Application
3.2. Market Attractiveness, By Type
3.3. Market Attractiveness, By Application
3.4. Market Share, By Region
4. MARKET OVERVIEW
4.1. Introduction
4.2. Value Chain Analysis
4.2.1. Composites
4.2.2. Metals
4.2.3. Plastics
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.1.1. Increasing stringency of regulations on vehicular emissions and fuel efficiency
4.3.1.2. Growing demand coupled with material innovations in aviation industry
4.3.2. Market Restraints
4.3.2.1. Safety and technological constraints
4.3.2.2. High cost of lightweight materials
4.3.3. Market Opportunities
4.3.3.1. Upcoming regulations in emerging countries
4.3.3.2. Commercialization of electric vehicles
4.3.3.3. Growing demand in wind energy sector
4.4. Porter’s Five Forces Analysis
5. LIGHTWEIGHT MATERIALS: MARKET ASSESSMENT, BY TYPE
5.1. Introduction
5.2. Market Size & Projection
5.2.1 Light metals to have the highest growth
5.3. Composites
5.3.1. Composite Materials to have highest consumption in North America
5.3.2. Composites Type, By Country
5.3.3. Carbon Fiber Reinforced Plastic
5.3.4. Glass Fiber Reinforced Plastic
5.4. Metals
5.4.1. Asia-Pacific to generate highest revenue for light metals
5.4.2. Metals Type, By Country
5.4.3. Aluminum
5.4.4. High Strength Steel
5.4.5. Magnesium
5.4.6. Titanium
5.5. Plastics
5.5.1. Lightweight Plastics set to have increased demand in Asia-Pacific
5.5.2. Plastic Type, By Country
5.5.3. Polycarbonate (PC)
5.5.4. Polypropylene (PP)
6. LIGHTWEIGHT MATERIALS: MARKET ASSESSMENT, BY APPLICATION
6.1. Introduction
6.2. Market Size & Projection
6.2.1. Lightweight Materials to have highest consumption in Automotive sector
6.3. Automotive
6.3.1. Consumption of Lightweight Materials by Automotive Industry in Asia-Pacific to grow at highest rate
6.4. Aviation
6.4.1. North America to drive growth of Lightweight Materials in Aviation
6.5. Marine
6.5.1. Marine industry in Asia-Pacific to utilize more lightweight materials
6.6. Wind Energy
6.6.1. Growing Wind Energy sector in Asia-Pacific to fuel consumption of lightweight materials
7. LIGHTWEIGHT MATERIALS: MARKET ASSESSMENT, BY GEOGRAPHY
7.1. Introduction
7.2. Market Size & Projection
7.3. Asia-Pacific: Lightweight Materials Market Analysis
7.3.1. China
7.3.1.1. Growing Automotive Industry To Contribute To Growth
7.3.1.2. Upcoming China VI Regulations: Market Opportunity
7.3.1.3. Increasing Capacity of Wind Energy
7.3.1.4. China Market by Type
7.3.1.5. China Market, By Application
7.3.2. India
7.3.2.1. India Market, By Type
7.3.2.2. India Market, By Application
7.3.3. Japan
7.3.3.1. Japan Market, By Type
7.3.3.2. Japan Market, By Application
7.3.4. South Korea
7.3.4.1. South Korea Market, By Type
7.3.4.2. South Korea Market, By Application
7.4. Europe: Lightweight Materials Market Analysis
7.4.1. France
7.4.1.1. France Market, By Type
7.4.1.2. France Market, By Application
7.4.2. Germany
7.4.2.1. Germany Market, By Type
7.4.2.2. Germany Market, By Application
7.4.3. Italy
7.4.3.1. Italy Market, By Type
7.4.3.2. Italy Market, By Application
7.4.4. U.K.
7.4.4.1. U.K. Market, By Type
7.4.4.2. U.K. Market, By Application
7.4.5. Rest of Europe
7.4.5.1. Rest of Europe, By Type
7.4.5.2. Rest of Europe, By Application
7.5. North America: Lightweight Materials Market Analysis
7.5.1. U.S.
7.5.1.1. Larger Car Size To Boost Aluminum Usage For Light Weighting
7.5.1.2. Aircraft OEMs Production Facilities To Boost The Market In Aviation Sector
7.5.1.3. CAFE Standards To Drive Lightweight Materials Market In Automotive
7.5.1.4. U.S. Market, By Type
7.5.1.5. U.S. Market, By Application
7.5.2. Canada
7.5.2.1. Canada Market, By Type
7.5.2.2. Canada Market, By Application
7.5.3. Mexico
7.5.3.1. Mexico Market, By Type
7.5.3.2. Mexico Market, By Application
7.6. Rest of the World: Lightweight Materials Market Analysis
7.6.1. Brazil
7.6.1.1. Brazil Market, By Type
7.6.1.2. Brazil Market, By Application
7.6.2. Middle East & Africa
7.6.2.1. Middle East & Africa Market, By Type
7.6.2.2. Middle East & Africa Market, By Application
8. COMPETITIVE LANDSCAPE
8.1. Strategic Developments
8.1.1. Maximum Number Of Developments In 2011
8.1.2. North America: The Highest Number of Developments
8.2. Expansions
8.3. Contracts & Agreements
8.4. New Product Launches
9. COMPANY PROFILES
9.1. ArcelorMittal SA
9.2. Alcoa Inc.
9.3. Saudi Basic Industries Corporation (SABIC)
9.4. PPG Industries, Inc.
9.5. Toray Industries Inc.
9.6. Dead Sea Magnesium Ltd.
9.7. Hexcel Corporation
9.8. Novelis Inc.
9.9. Owens Corning
9.10. Styron LLC
9.11. ThyssenKrupp AG
9.12. Titanium Metals Corporation
9.13. U.S. Magnesium LLC
9.14. VSMPO-AVISMA Corporation
Table 1 Research Methodology: Assumptions
Table 2 Industry Snapshot
Table 3 Impact Of Drivers, Restraint & Opportunities, By Timeline
Table 4 Key Countries: Impact Of Regulations on Lightweight Materials Market
Table 5 Lightweight Materials Market Size, By Type, 2012 – 2019 (KT)
Table 6 Lightweight Materials Market Size, By Type, 2012 – 2019 ($Million)
Table 7 Composites Market Size, By Geography, 2012 – 2019 (KT)
Table 8 Composites Market Size, By Geography, 2012 – 2019 ($Million)
Table 9 CFRP Market Size, By Geography, 2012 – 2019 (KT)
Table 10 CFRP Market Size, By Geography, 2012 – 2019 ($Million)
Table 11 GFRP Market Size, By Type, 2012 – 2019 (KT)
Table 12 GFRP Market Size, By Type, 2012 – 2019 ($Million)
Table 13 Metals Market Size, By Geography, 2012 – 2019 (KT)
Table 14 Metals Market Size, By Geography, 2012 – 2019 ($Million)
Table 15 Aluminum Market Size, By Geography, 2012 – 2019 (KT)
Table 16 Aluminum, Market Size, By Geography, 2012 – 2019 ($Million)
Table 17 High Strength Steel Market Size, By Geography, 2012 – 2019 (KT)
Table 18 High Strength Steel Market Size, By Geography, 2012 – 2019 ($Million)
Table 19 Magnesium Market Size, By Geography, 2012 – 2019 (KT)
Table 20 Magnesium Market Size, By Geography, 2012 – 2019 ($Million)
Table 21 Titanium Market Size, By Geography, 2012 – 2019 (KT)
Table 22 Titanium Market Size, By Geography, 2012 – 2019 ($Million)
Table 23 Plastics Market Size, By Geography, 2012 – 2019 (KT)
Table 24 Plastics Market Size, By Geography, 2012 – 2019 ($Million)
Table 25 Polycarbonate Market Size, By Geography, 2012 – 2019 (KT)
Table 26 Polycarbonate Market Size, By Geography, 2012 – 2019 ($Million)
Table 27 Polypropylene Market Size, By Geography, 2012 – 2019 (KT)
Table 28 Polypropylene Market Size, By Geography, 2012 – 2019 ($Million)
Table 29 Lightweight Materials Market Size, By Application, 2012 – 2019 (KT)
Table 30 Market Size, By Application, 2012 – 2019 ($Million)
Table 31 in Automotive Market Size, By Geography, 2012 – 2019 (KT)
Table 32 Lightweight Materials in Automotive Market Size, By, 2012 – 2019 ($Million)
Table 33 Lightweight Materials in Aviation Market Size, By, 2012 – 2019 (KT)
Table 34 Lightweight Materials in Aviation Market Size, By, 2012 – 2019 ($Million)
Table 35 Lightweight Materials in Marine Market Size, By, 2012 – 2019 (KT)
Table 36 Lightweight Materials in Marine Market Size, By, 2012 – 2019 ($Million)
Table 37 Lightweight Materials in Wind Energy Market Size, By Geography, 2012 – 2019 (KT)
Table 38 Lightweight Materials in Wind Energy Market Size, By Geography, 2012 – 2019 ($Million)
Table 39 Market Size, By Geography, 2012 – 2019 (KT)
Table 40 Market Size, By Geography, 2012 – 2019 ($Million)
Table 41 Asia-Pacific: Lightweight Materials Market Size, By Country, 2012 – 2019 (KT)
Table 42 Asia-Pacific: Market Size, By Country, 2012 – 2019 ($Million)
Table 43 Asia-Pacific: Market Size, By Type, 2012 – 2019 (KT)
Table 44 Asia-Pacific: Market Size, By Type, 2012 – 2019 ($Million)
Table 45 Asia-Pacific: Market Size, By Application, 2012 – 2019 (KT)
Table 46 Asia-Pacific: Market Size, By Country, 2012 – 2019 ($Million)
Table 47 China: Market Size, By Type, 2012 – 2019 (KT)
Table 48 China: Market Size, By Type, 2012 – 2019 ($Million)
Table 49 China: Market Size, By Application, 2012 – 2019 (KT)
Table 50 China: Market Size, By Country, 2012 – 2019 ($Million)
Table 51 India: Lightweight Materials Market Size, By Type, 2012 – 2019 (KT)
Table 52 India: Market Size, By Type, 2012 – 2019 ($Million)
Table 53 India: Market Size, By Application, 2012 – 2019 (KT)
Table 54 India: Market Size, By Country, 2012 – 2019 ($Million)
Table 55 Japan: Market Size, By Type, 2012 – 2019 (KT)
Table 56 Japan: Market Size, By Type, 2012 – 2019 ($Million)
Table 57 Japan: Market Size, By Application, 2012 – 2019 (KT)
Table 58 Japan: Market Size, By Country, 2012 – 2019 ($Million)
Table 59 South Korea: Lightweight Materials Market Size, By Type, 2012 – 2019 (KT)
Table 60 South Korea: Market Size, By Type, 2012 – 2019 ($Million)
Table 61 Asia-Pacific: Market Size, By Application, 2012 – 2019 (KT)
Table 62 Asia-Pacific: Market Size, By Country, 2012 – 2019 ($Million)
Table 63 Europe: Market Size, By Country, 2012 – 2019 (KT)
Table 64 Europe: Market Size, By Country, 2012 – 2019 ($Million)
Table 65 Europe: Market Size, By Type, 2012 – 2019 (KT)
Table 66 Europe: Market Size, By Type, 2012 – 2019 ($Million)
Table 67 Europe: Market Size, By Application, 2012 – 2019 (KT)
Table 68 Europe: Market Size, By Country, 2012 – 2019 ($Million)
Table 69 France: Market Size, By Type, 2012 – 2019 (KT)
Table 70 France: Market Size, By Type, 2012 – 2019 ($Million)
Table 71 France: Market Size, By Application, 2012 – 2019 (KT)
Table 72 France: Lightweight Materials Market Size, By Country, 2012 – 2019 ($Million)
Table 73 Germany: Market Size, By Type, 2012 – 2019 (KT)
Table 74 Germany: Market Size, By Type, 2012 – 2019 ($Million)
Table 75 Germany: Market Size, By Application, 2012 – 2019 (KT)
Table 76 Germany: Market Size, By Country, 2012 – 2019 ($Million)
Table 77 Italy: Market Size, By Type, 2012 – 2019 (KT)
Table 78 Italy: Market Size, By Type, 2012 – 2019 ($Million)
Table 79 Italy: Market Size, By Application, 2012 – 2019 (KT)
Table 80 Italy: Market Size, By Country, 2012 – 2019 ($Million)
Table 81 U.K.: Lightweight Materials Market Size, By Type, 2012 – 2019 (KT)
Table 82 U.K.: Market Size, By Type, 2012 – 2019 ($Million)
Table 83 U.K.: Market Size, By Application, 2012 – 2019 (KT)
Table 84 U.K.: Market Size, By Country, 2012 – 2019 ($Million)
Table 85 Rest of Europe: Market Size, By Type, 2012 – 2019 (KT)
Table 86 Rest of Europe: Market Size, By Type, 2012 – 2019 ($Million)
Table 87 Rest of Europe: Market Size, By Application, 2012 – 2019 (KT)
Table 88 Rest of Europe: Market Size, By Country, 2012 – 2019 ($Million)
Table 89 North America: Lightweight Materials Market Size, By Country, 2012 – 2019 (KT)
Table 90 North America: Market Size, By Country, 2012 – 2019 ($Million)
Table 91 North America: Market Size, By Type, 2012 – 2019 (KT)
Table 92 North America: Market Size, By Type, 2012 – 2019 ($Million)
Table 93 North America: Market Size, By Application, 2012 – 2019 (KT)
Table 94 North America: Market Size, By Country, 2012 – 2019 ($Million)
Table 95 U.S.: Market Size, By Type, 2012 – 2019 (KT)
Table 96 U.S.: Market Size, By Type, 2012 – 2019 ($Million)
Table 97 U.S.: Market Size, By Application, 2012 – 2019 (KT)
Table 98 U.S.: Market Size, By Country, 2012 – 2019 ($Million)
Table 99 Canada: Market Size, By Type, 2012 – 2019 (KT)
Table 100 Canada: Market Size, By Type, 2012 – 2019 ($Million)
Table 101 Canada: Market Size, By Application, 2012 – 2019 (KT)
Table 102 Canada: Market Size, By Country, 2012 – 2019 ($Million)
Table 103 Mexico: Lightweight Materials Market Size, By Type, 2012 – 2019 (KT)
Table 104 Mexico: Market Size, By Type, 2012 – 2019 ($Million)
Table 105 Mexico: Market Size, By Application, 2012 – 2019 (KT)
Table 106 Mexico: Market Size, By Country, 2012 – 2019 ($Million)
Table 107 Rest of the World: Lightweight Materials Market Size, By Country, 2012 – 2019 (KT)
Table 108 Rest of the World: Market Size, By Country, 2012 – 2019 ($Million)
Table 109 Rest of the World: Market Size, By Type, 2012 – 2019 (KT)
Table 110 Rest of the World: Market Size, By Type, 2012 – 2019 ($Million)
Table 111 Rest of the World: Market Size, By Application, 2012 – 2019 (KT)
Table 112 Rest of the World: Market Size, By Country, 2012 – 2019 ($Million)
Table 113 Brazil: Market Size, By Type, 2012 – 2019 (KT)
Table 114 Brazil: Market Size, By Type, 2012 – 2019 ($Million)
Table 115 Brazil: Market Size, By Application, 2012 – 2019 (KT)
Table 116 Brazil: Market Size, By Country, 2012 – 2019 ($Million)
Table 117 Middle East & Africa: Market Size, By Type, 2012 – 2019 (KT)
Table 118 Middle East & Africa: Lightweight Materials Market Size, By Type, 2012 – 2019 ($Million)
Table 119 Middle East & Africa: Market Size, By Application, 2012 – 2019 (KT)
Table 120 Middle East & Africa: Market Size, By Country, 2012 – 2019 ($Million)
Table 121 Expansions, 2014
Table 122 Contracts & Agreements, 2013–2014
Table 123 New Product Launches, 2013–2014
The lightweight materials market has been analyzed in terms of volume and value across different regions. The demand for materials that help reduce weight is expected to increase in all the regions. The lightweight materials market is driven by the need for enhanced efficiency.
The leading markets for lightweight materials are Asia-Pacific and North America. The market in China and the U.S. together accounted for XX% of the total market, in terms of volume, in 2013. These nations have the highest demand for lightweight materials, mainly from the automotive sector. The growing demand from the automotive sector and the stringent regulations for fuel efficiency are contributing to the growth of the lightweight materials market.
The lightweight materials market in Asia-Pacific was estimated at XX KT in 2013 and is projected to reach XX KT by 2019 growing at a CAGR XX% from 2014 to 2019, in terms of volume. The market in Asia-Pacific was estimated at $XX million in 2013 and is projected to grow at a CAGR of XX% from 2014 to 2019 and reach $XX million by 2019.
The Asia-Pacific region is expected to have the maximum growth driven by the increasing demand from the automotive and aviation industry. The region is expected to continue to dominate the lightweight materials market.