DUBLIN, Sept. 12, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Lightweight Materials Market by Type, Application - Global Trends & Forecast to 2019" report to their offering.

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The global lightweight materials market is growing at a significant rate, driven by the stringent regulations in North America and Europe. The lightweight materials market value will grow from an estimated $88.5 billion in 2014 to $133.1 billion by 2019, at a CAGR of 8.5% for the projected period. The market has been segmented into three categories based on the type of material, namely, composites, metals, and plastics.

Lightweight materials have uses in different industries. The report covers application of lightweight materials in the automotive, aviation, marine, and wind energy industries. The regulations have fueled the increased demand from the automotive industry for materials for lightweighting. The demand from the other industries for lightweight materials is also seeing an increase based on the need for enhancing efficiency and reducing costs. The wind energy industry has seen an increased utilization of composites in the recent past for superior aerodynamics. The use of composites accounted for about 20% of the total lightweight materials market in terms of value.

The market in Asia-Pacific, Europe, North America, and Rest of the World has been studied in detail. Since the major portion of lightweight materials is used in the automotive and aviation industry, the market for these materials in North American and Asia-Pacific dominated the total market consumption. Together, they accounted for over 71% of the total market in 2013. The high growth may be attributed to stringent regulations and high production of aircrafts and vehicles in these regions. The Asia-Pacific region is expected to record above the average growth in the projected period due to high demand.

The report covers the lightweight materials market by key regions and major countries in each region. It also provides a detailed segmentation of the market on the basis of material type and by application, along with projections till 2019.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insigths

4 Market Overview

5 Market Assessment, By Type

6 Market Analysis, By Application

7 Lightweight Materials Market Analysis, By Geography

8 Competitive Landscape

9 Company Profiles

Companies Mentioned:

• Alcoa INC.
• Arcelormittal S.A.
• Dead Sea Magnesium LTD.
• Hexcel Corporation
• Novelis INC.
• Owens Corning
• Ppg Industries, INC.
• Saudi Basic Industries Corporation
• Styron LLC
• Thyssenkrupp Ag
• Titanium Metals Corporation
• Toray Industries, INC.
• U.S. Magnesium LLC
• Vsmpo-Avisma Corporation

For more information visit http://www.researchandmarkets.com/research/cpxr8m/lightweight

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets