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Lightweight Materials

Comparing 16 vendors in Lightweight Materials across 96 criteria.

Market Presence
Contenders Contenders
Market Leaders Market Leaders
Emerging Companies Emerging Companies
Innovators Innovators
SOLVAY
DuPont
Thyssenkrupp
ArcelorMittal
SABIC
Exxonmobil
Kaiser Aluminum
VSMPO-AVISMA
Covestro
Lyondellbasell
Allegheny
Owens Corning
TORAY INDUSTRIES INC
Novelis
US Magnesium
Hexcel
Product Footprint
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Latest
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Allegheny
KBRA Releases Report for Allegheny County Airport Authority (Pittsburgh International Airport) Airport Revenue Bonds
Sep 2023
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ArcelorMittal
Casa dos Ventos and ArcelorMittal Brasil advance the operation of the Babilônia Centro wind power plant
Mar 2025
Evwind
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American Recycler
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Feb 2025
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Covestro
Covestro to establish automated laboratory for coatings and adhesives
Mar 2025
chemengonline
Covestro Sets New Industry Standards with Automated Laboratory for Formulation Development
Mar 2025
Content Media Solution
Covestro to open automated laboratory for developing coating and adhesive formulations
Mar 2025
indianchemicalnews
Company List

Company List +

Company Headquarters Year Founded Holding Type
Allegheny Dallas, USA 1996 Private
ArcelorMittal
Covestro Leverkusen, Germany 2015 Private
DuPont Wilmington, USA 1802 Public
Exxonmobil Irving, USA 1999 Public
Show More
 
Frequently Asked Questions (FAQs)
Lightweight materials are used to reduce the weight of the product or component of the system either by replacing the traditional materials or by making design changes while maintaining the strength of the product to the same level.
Lighter materials increase the efficiency of the product. For instance, replacing traditional materials such as iron and steel components of a car with lightweight materials such as magnesium, alloys, carbon fibers, aluminum or composite polymers will reduce the weight of the vehicle’s body by up to 50% and ultimately will result in reduced fuel consumption, thereby increasing overall efficiency.
Based on the material type, lightweight materials can be categorized as composite type, metal type, and plastic type.
Lightweight metals make a major contribution to the market due to their wide usage in the automotive and other sectors. Lightweight composites contribute around 20% and plastics contribute 6-7% of the total lightweight market.
Aluminum, Magnesium, Titanium, Beryllium, Carbon Fiber Reinforced Plastic, Glass Fiber Reinforced Plastic, Polycarbonates, Polypropylene, Elastomers, and Polyamide are the most widely used lightweight materials. Some companies are also exploring the advantages of alloys.
The top lightweight materials companies are DuPont, ArcelorMittal, Thyssenkrupp, ExxonMobil, Solvay, Toray Industries, Covestro, Lyondellbasell, VSMPO-AVISMA, and Allegheny.
The automotive industry will dominate the lightweight market. However, aerospace and defense, building and construction, health and medical, equipment, and electronics industries also make a significant contribution. Other industries such as power and energy, retail, food, beverages, and others are yet to realize the complete potential of lightweight materials, and hence are still emerging in the lightweight materials market.
Currently, metal alloys and lightweight steel are the major areas of focus for the companies.
 
 
Research Methodology
Research Methodology
POWERED BY MARKETSANDMARKETS
Apr 03, 2025

360 Quadrants

360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

360 Quadrants

360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

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