Global Lightweight Composites Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2025

Lightweight composites are structures with a reduced weight. Lightweight help these composites to perform better and is advantage for both vendors and users. For example, in aircraft industry it is important that the product is light weighted. This increase the efficiency of aircraft.
 
Increasing trend towards large lightweight structures in several industries, such as wind energy, aerospace, construction and automobile, is driving growth of lightweight composites market. Apart from that stringent legislations and customer demands for improving fuel economy particularly in the transportation industry, in particular, has increased the importance of weight reduction further aiding the growth of lightweight composites market. In wind energy applications the lightweight, high strength composites allow for bigger and longer blades resulting in higher electricity generation.
 
This report examines the global lightweight composites market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2018 to 2025. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
 
Drivers

• Growing demand in Asia Pacific
• Growing demand for lightweight structures

 
Report includes a detailed analysis on value chain in order to provide a holistic view of the lightweight composites market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the lightweight composites industry, from raw material suppliers to end-users.
 
Porter’s five forces model has been used to depict the impact of various factors such as:

• Bargaining power of buyers
• Bargaining power of suppliers
• Degree of competition
• Threat of substitutes
• Threat of new entrants during the forecast period

 
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
 
The lightweight composites market has been segmented based on applications such as aerospace, alternative energy, automotive, marine, civil engineering & infrastructure and others. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2018 to 2025. Each application has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
 
In terms of geography, the lightweight composites market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
 
The report also offers a competitive landscape of the overall market with company profiles of players such as AK Steel Corp., Aleris International Inc., BASF SE, Bayer AG, Caparo Group, Dead Sea Magnesium Ltd., Evonik, Hexagon Composites, LyondellBasell Industries, Quadrant Plastics and U.S. Magnesium LLC. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides lightweight composites market's mergers/acquisitions, partnerships, collaborations, new product lunches, new product developments and other industry developments.
 
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.
 
SEGMENTATIONS IN REPORT:
Lightweight Composites By Applications:

• Aerospace
• Alternative Energy
• Automotive
• Marine Application
• Civil Engineering & Infrastructure
• Others

 
Lightweight Composites By Geography:

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East And Africa