Lightweight Materials Market Size, Share, Outlook, and Global Opportunity Analysis, 2022-2028

Market Forecast Lightweight Materials Market is expected to exhibit a CAGR of 8.2% during the forecast period and cross USD 276.50 Billion by 2027. Lightweight materials are significantly used in the automotive, aerospace, energy, and construction industries. The demand for advanced composites, polymers, and metal alloys is increasing in the automotive industry to reduce greenhouse gas emissions. The implementation of lightweight structures in the automotive industry comprising of advanced materials such as carbon fiber and magnesium reduce the weight of auto parts by 50–70%. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8528 Pricing Analysis The price of lightweight materials is expected to fluctuate in the coming years owing to the changes in market dynamics. For instance, the price of carbon fiber composite was around USD 20/kg in 2017 which is expected to decline and reach USD 10/kg by 2020, whereas the prices of ...