Report Highlights
The total global consumption of lightweight materials used in transportation equipment was 46.7 million tons/$95.5 billion in 2010. This market is expected to reach 67.7 million tons/$125.3 billion by 2015, increasing at a compound annual growth rates (CAGRs) of 7.7% in tonnage terms and 5.6% in value terms between 2010 and 2015.
Report Scope
- Executive summary.
- Definitions.
- Lightweight materials that are in commercial use or under development for transportation applications.
- Lightweight materials and applications with the greatest commercial potential through 2015.
- Global market trends by type of material and application, 2009 to 2015.
- Factors that will influence the long-term development of the market.
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Report Highlights
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The total global consumption of lightweight materials used in transportation equipment was 42.8 million tons/$80.5 billion in 2006 and will increase to 68.5 million tons/$106.4 billion by 2011, at a compound annual growth rate (CAGR) of 9.9% in tonnage terms and 5.7% in value terms between 2006 and 2011.
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High strength steel accounts for the largest percentage of total tons of lightweight materials consumed, followed by aluminum and plastics. In value terms, plastics with their relatively high unit prices are the largest market segment. Aluminum and high strength steel are the second and third largest product segments.
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Motor vehicles, particularly passenger cars and light trucks, are by far the largest end-user segment. Shipbuilding was the second largest consumer of lightweight materials, while the aircraft industry ranks second in the value of the lightweight materials consumed.
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