Construction Industry

  According to a comprehensive research report by Market Research Future (MRFR), “ Lightweight Materials Industry   Information by Type, End-Use, and Region - Forecast till 2027 ” the market is predicted to reach USD 276.50 Billion by 2027 at CAGR of 8.2%. Future Key Growth Boosters: Governments across various countries are focused on curbing the escalating pollution levels as a result of vehicular emissions. Additionally, surging fuel prices, introduction of strict emission standards, and financial implications caused due to non-adherence to these regulations have been bolstering the demand for lightweight materials in the automotive industry. Aluminum, polymers & composites and high-strength steel are extensively preferred to cater to the industry's emission targets. Automakers are trying to develop multi-material designs using lightweight materials to enhance the fuel efficiency of the vehicle. Use of composites and polymers in vehicle manufacturing is touted to grow si...

  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 ...

  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 ...