(PRWEB) August 30, 2014
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 $133.1 billion. The lightweight materials market has been segmented by type into composites, metals, and plastics, which have been further sub segmented. The market for lightweight metals is growing at a high rate followed by the plastics market. The demand has increased from vehicle manufacturers for lighter metals such as high strength steel and aluminum to substitute conventional materials without compromising the quality of the vehicles.
The report analyzes the global lightweight materials market trends and forecasts till 2019. The market size estimations have been provided in terms of market volume (KT) and value ($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. Complete report is available at http://www.rnrmarketresearch.com/lightweight-materials-market-by-type-composites-metals-plastics-application-automotive-aviation-marine-wind-energy-global-trends-forecast-to-2019-market-report.html.
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. Light weighting of vehicles enhances fuel efficiency. Hence, the lightweight materials market is set to witness high growth.
The leading players of this industry include Arcelor Mittal SA, Alcoa Inc, Saudi Basic Industries Corporation (SABIC), PPG Industries Inc, Toray Industries Inc, Dead Sea Magnesium Ltd, Hexcel Corporation, Novelis Inc, Owens Corning, Styron LLC, Thyssen Krupp AG, Titanium Metals Corporation, U.S. Magnesium LLC and VSMPO-AVISMA Corporation Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=208198.
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.
The aviation industry has the second-largest share in the market. The aviation industry has been moving to lightweight materials as well. The stringent emission regulations have contributed to the growth of the market. Priced at US $4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=208198.
Browse Related Report:
"Isocyanate Market by Type (MDI, TDI, Aliphatic, Others) & Application (Rigid Foam, Flexible Foam, Paints & Coatings, Adhesive & Sealants, and Elastomers & Binders) – Global Trends & Forecast to 2019” research report is now available with RnRMarketResearch.com. Companies like Asahi Kasei Chemicals Corp, BASF SE, Bayer Materialscience Ag, Chemtura Corporation, Dow Chemical Company, Evonik Industries, Hebei Cangzhou Dahua Group Co. Ltd, Huntsman International Llc, Kumho Mitsui Chemicals Inc, Mitsui Chemicals Inc, Vencorex and Yantai Wanhua Polyurethanes Co. Ltd are discussed in this research available at http://www.rnrmarketresearch.com/isocyanate-market-by-type-mdi-tdi-aliphatic-others-application-rigid-foam-flexible-foam-paints-coatings-adhesive-sealants-and-elastomers-binders-global-trends-forecast-to-2019-market-report.html.
"Glass Fiber & Glass Fiber Reinforced Plastic (GFRP) Composites Market, By Raw Material, By Manufacturing Process, By Application (Transportation, Construction, Electrical & Electronics, & Others) & By Geography – Global Trends & Forecast to 2019" research report is now available with RnRMarketResearch.com. Companies like Advanced Glassfiber Yarns (Agy) Llc, Asahi Glass Company Limited, Bgf Industries, Binani 3b-The Fibreglass Company, Chomarat Group, Chongqing Polycomp International Corp, Johns Manville, Jushi Group Co. Ltd, Nippon Sheet Glass Co. Ltd. (NSG), Nitto Boseki Co. Ltd, Owens Corning, Ppg Industries Inc, Saertex Group, Saint-Gobain Vetrotex, and Taishan Fiberglass Inc are discussed in this research available at http://www.rnrmarketresearch.com/glass-fiber-glass-fiber-reinforced-plastic-gfrp-composites-market-by-raw-material-by-manufacturing-process-by-application-transportation-construction-electrical-electronics-others-by-market-report.html.
"Polyurethane (PU) Foams Market by Types (Rigid & Flexible), End-User Industries (Bedding & Furniture, Building & Construction, Electronics, Automotive, Footwear, Packaging, & Others), & Geography (North America, West Europe, Asia-Pacific & Row) – Global Trends & Forecasts to 2018" research report is now available with RnRMarketResearch.com. Companies like Armacell GMBH, BASF SE, Bayer Materialscience AG, Carpenter CO, Chemtura Corporation, Foamscraft, Inc, Foamspartner Group, Future Foams Inc, FXI-Foamex Innovations, Huntsman Corporation, INOAC Corporation, Nitto Denko Corporation, Recticel SA/NV, Rogers Corporation, Saint-Gobain Performance Plastics Corporation, Sekisui Alveo AG, The Dow Chemical Company, The Vita Group, UFP Technologies Inc and Woodbridge Foams Corporation are discussed in this research available at http://www.rnrmarketresearch.com/polyurethane-pu-foams-market-by-types-rigid-flexible-end-user-industries-bedding-furniture-building-construction-electronics-automotives-footwear-packaging-others-geography-no-market-report.html.
Explore more reports on chemicals market at http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals.
RnRMarketResearch.com is an online database of syndicated market research reports covering over 5000+ micro markets (http://www.rnrmarketresearch.com/latest_reports) including life sciences and its multiple sectors like biotechnology. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.