Lightweight Materials Market Size and Share

Lightweight Materials Market Summary
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Lightweight Materials Market Analysis by Mordor Intelligence

The Lightweight-materials-market is expected to grow from USD 198.66 billion in 2025 to USD 304.12 billion by 2030, at a CAGR of 8.89% during the forecast period (2025-2030). Increasing global pressure to lower vehicular and industrial emissions, paired with performance and energy-efficiency targets, has catalyzed rapid substitution of legacy metals with high-strength alloys, carbon-fiber composites, and high-performance polymers. Momentum comes from electric-vehicle platform roll-outs, a revived commercial aerospace orderbook, and early hydrogen-economy build-out. Producers are scaling automation and additive manufacturing to manage cost, while end users leverage lighter designs to curb battery mass, extend range, and shrink fuel burn. Collectively, these factors keep the lightweight materials market on a healthy double-digit value expansion trajectory through the decade.

Key Report Takeaways

  • By product type, polymers and composites led with 65.66% revenue share in 2024; metals are projected to expand at a 9.24% CAGR through 2030. 
  • By manufacturing process, extrusion and rolling held 31.55% of the lightweight materials market share in 2024, while additive manufacturing records the fastest 9.56% CAGR to 2030. 
  • By end-user industry, automotive captured 39.66% in 2024; the energy segment anchored in wind and hydrogen is advancing at a 9.66% CAGR through 2030. 
  • By geography, Asia-Pacific commanded 40.46% in 2024 and is forecast to compound at 9.88% CAGR through 2030.

Segment Analysis

By Product Type: Composites Drive Innovation While Metals Accelerate

Composites and polymers held a commanding 65.66% of 2024 revenue, signaling their broad utility across body-in-white panels, nacelles, and turbine blades. Carbon fiber-reinforced polymers continue to migrate into structural parts where single-wall nanotube infusions boost conductivity with a scant 0.005% load, aiding battery packaging and antenna integration. Thermoplastic composites grow quickly because their weldability shortens cycle times and supports recycling mandates. High-performance polymers including PEEK withstand 260 °C service while weighing 40% less than stainless-steel alternatives, supporting engine components and downhole oil tools.

Metals, while mature, are stepping into a renaissance and notch the fastest 9.24% CAGR through 2030. Formable 6xxx-series aluminum sheets now rival pressed steel at 400 MPa tensile strength, facilitating substitution in closure panels without tool-change penalties. Ongoing magnesium research targets railcar decks at 85% of aluminum mass yet equal specific strength, and vacuum-atomized titanium powders feed powder-bed fusion printers with 50% less embedded energy than wrought pathways. As OEMs adopt multi-material solutions, metals and composites increasingly co-exist rather than compete, ensuring both sub-segments enlarge the lightweight materials market size in parallel.

Lightweight Materials Market: Market Share by Product Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Manufacturing Process: Additive Manufacturing Transforms Production

Extrusion and rolling still generated 31.55% of 2024 billings due to their cost efficiency at scale, with aluminum bumper beams and floor crossmembers remaining volume staples. Enhancements such as friction-stir welding improve joint fatigue life without filler wire, enabling lighter multi-hollow structures. Hot-stamped ultra-high-strength steel door rings meet side-impact standards at reduced gauge, curbing part mass while holding tooling costs. 

Additive manufacturing, however, secures the swiftest 9.56% CAGR as powder-bed and directed-energy systems enter serial aerospace and medical production. GE’s 3D-printed LEAP fuel nozzle consolidates 20 pieces into one, cuts 25% mass, and extends life by five-fold. Automated fiber placement robots lay composites at 500 mm sec, quadrupling throughput relative to manual drape while lowering scrap. Resin transfer molding with rapid-cure epoxies slashes cycle times into single-digit minutes, opening doors for 250,000-unit automotive programs. Machine-learning algorithms now monitor cure kinetics in real time, halving defects and expanding the addressable share of the lightweight materials market.

By End-User Industry: Automotive Leadership Meets Energy Growth

Automotive retained 39.66% of 2024 demand because lightweight structures unlock both fuel-economy and EV-range metrics. Closed-loop aluminum recycling loops lower lifecycle emissions and insulate OEMs from LME price swings. Carbon-fiber sheet-molding-compound hoods pass pedestrian-impact tests while trimming frontal mass and reducing hood opening effort for assembly-line ergonomics.

Energy climbs as the fastest 9.66% performer, propelled by 100-meter offshore wind blades needing UD carbon spar caps, which avoid gravitational sag at tip speeds. The result is taller turbines harvesting 20% more annual energy. Type IV hydrogen tanks based on aerospace-grade CFRP achieve 900-bar proof pressure yet weigh 60% less than steel, a necessity for range-constrained fuel-cell trucks. Lightweight composite cable cores also replace steel in high-span transmission lines, doubling current capacity while easing installation. These dynamics underline the expanding diversification of the lightweight materials market beyond transportation into infrastructure and grid applications.

Lightweight Materials Market: Market Share by End-user Industry
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

Asia-Pacific accounted for a dominant 40.46% in 2024, anchored by China’s large-scale extrusion and carbon-fiber conversion lines. The country consumed 69,000 metric tons of carbon fiber in 2025, yet overcapacity and export restrictions encourage local champions to integrate downstream into molding and machining. Japan remains the technology vanguard; Toray, Teijin, and Mitsubishi together control roughly 60% of global capacity, funneling investments into U.S. facilities that will feed Boeing and upcoming eVTOL programs. Korea’s shipbuilders incorporate magnesium alloys in topside structures to meet IMO efficiency indices. Australia’s bauxite-to-alumina chain tightens regional raw-material security, reinforcing the lightweight materials market’s resilience in the zone. 

North America benefits from aerospace and space-launch clustering, fostering premium demand for titanium billet and out-of-autoclave composite fuselage barrels. The new USD 867 million titanium mill in Cumberland County alone secures 12,000 tons annual melt, shoring up supply after geopolitical disturbances[2]Cumberland County NC, “Titanium Mill Announcement,” cumberlandcountync.gov . Automotive investment in mixed-material body structures intensifies around Michigan and Ontario, leveraging domestic aluminum smelters powered by low-carbon hydroelectricity. Lightweight materials market size for the region is forecast to reach USD 82 billion by 2030 as electrification accelerates. 

Europe positions sustainability at the forefront, enforcing circular-economy directives that stimulate thermoplastic composite adoption. German OEMs deploy hot-formed steels blended with cast aluminum sub-frames to comply with Euro 7. France’s aerospace value chain co-located around Toulouse champions bio-based resin chemistries to lighten environmental load without performance sacrifice. Scandinavia pilots hydrogen truck corridors demanding 700-bar CFRP tanks, further buoying the regional lightweight materials market. Meanwhile, South America and the Middle East and Africa record nascent but rising adoption, especially in wind energy parks across Brazil and offshore oil platforms leveraging corrosion-proof composite risers.

Lightweight Materials Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

Competition is fragmented overall, yet individual material pools vary in concentration. Japanese incumbents Toray, Teijin, and Mitsubishi consolidate roughly 60% of carbon-fiber production, whereas top-five aluminum rollers account for less than 25% globally, indicating a moderate concentration. Toray’s USD 893 million U.S. line secures exclusive supply to the Boeing 777X, exemplifying vertical integration and long-term offtake security. Hexcel partners with Spirit AeroSystems on resin-infused wings that eliminate autoclaves, driving down energy cost and cycle time. Alcoa champions ELYSIS inert-anode smelting, targeting zero-carbon molten aluminum by 2028, a sustainability differentiator. 

Start-ups such as Boston Materials commercialize Z-axis fiber films blending copper-level conductivity with composite weight, unlocking thermal-management niches in battery packs. Recycling specialists reclaim thermoplastic composite off-cuts into injection-moldable pellets, easing EU extended-producer-responsibility rules. Automated fiber placement equipment makers collaborate with Tier-1s to deploy closed-loop inspection enabling 30% scrap reduction. Market participants combining scale, automation, and circularity secure durable competitive advantage. 

Strategic alliances proliferate: Hyundai and Toray jointly develop EV-specific composite cradles, sharing risk and patent portfolios. Constellium anchors multi-partner projects like M-LightEn to craft ultra-light chassis shaving 25% curb weight. Such collaborations accelerate commercialization and distribute R&D cost, intensifying the race for share in the lightweight materials market.

Lightweight Materials Industry Leaders

  1. Novelis Inc.

  2. Toray Industries Inc.

  3. ArcelorMittal

  4. Hexcel Corporation

  5. SABIC

  6. *Disclaimer: Major Players sorted in no particular order
Lightweight Materials Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • January 2025: Gestamp introduced the GES-GIGASTAMPING® product family of lightweight materials that combine multiple body parts into a single unit. The technology reduces production and assembly times while minimizing material usage. The product offers enhanced safety, reduced weight, lower costs, and decreased CO₂ emissions, providing manufacturers with a cost-efficient solution for future mobility.
  • April 2024: Hyundai Motor Group partnered with Toray Industries to develop lightweight materials for high-performance and environmentally friendly vehicles. The collaboration focuses on carbon fiber-reinforced polymer parts for electric vehicle batteries and motors. This partnership supports Hyundai Motor Group's electrification strategy while enhancing customer experiences and vehicle safety.

Table of Contents for Lightweight Materials Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing Demand for Fuel-Efficient and High-Performance Vehicles
    • 4.2.2 Expansion of EV And Battery-Electric Platforms
    • 4.2.3 Stringent Global Emission and Fuel-Economy Regulations
    • 4.2.4 Rapid Adoption in Commercial Aerospace and Space Launch
    • 4.2.5 Lightweighting Needs in Hydrogen Storage and Distribution
  • 4.3 Market Restraints
    • 4.3.1 High and Volatile Prices of Critical Raw Materials
    • 4.3.2 Energy-Intensive Extraction and Processing Routes
    • 4.3.3 Recycling and End-of-Life Separation Challenges
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Product Type
    • 5.1.1 Polymers and Composites
    • 5.1.1.1 CFRP
    • 5.1.1.2 GFRP
    • 5.1.1.3 Thermoplastic Composites
    • 5.1.1.4 High-performance Polymers (PEEK, PEI)
    • 5.1.2 Metals
    • 5.1.2.1 Aluminium
    • 5.1.2.2 Magnesium
    • 5.1.2.3 Titanium
    • 5.1.2.4 High-strength Steel
  • 5.2 By Manufacturing Process
    • 5.2.1 Extrusion / Rolling
    • 5.2.2 Additive Manufacturing
    • 5.2.3 Resin Transfer Molding
    • 5.2.4 Hot Stamping and Hydroforming
  • 5.3 By End-user Industry
    • 5.3.1 Automotive
    • 5.3.2 Aerospace and Defense
    • 5.3.3 Construction
    • 5.3.4 Energy (Wind, Hydrogen)
    • 5.3.5 Marine
    • 5.3.6 Other Industries (Sports, Rail, Packaging)
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 ASEAN Countries
    • 5.4.1.6 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Mexico
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 United Arab Emirates
    • 5.4.5.3 South Africa
    • 5.4.5.4 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 Alcoa Corporation
    • 6.4.2 ArcelorMittal
    • 6.4.3 Covestro
    • 6.4.4 CRS Holdings, LLC
    • 6.4.5 ExxonMobil
    • 6.4.6 Gestamp
    • 6.4.7 Hexcel Corporation
    • 6.4.8 Norsk Titanium US Inc.
    • 6.4.9 Novelis Inc.
    • 6.4.10 SABIC
    • 6.4.11 SGL Carbon
    • 6.4.12 Solvay
    • 6.4.13 Toray Industries Inc.
    • 6.4.14 US Magnesium LLC

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
  • 7.2 Circular Economy and Recycling Innovation
  • 7.3 Lightweight Materials for Hydrogen Economy
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Lightweight Materials Market Report Scope

By Product Type
Polymers and Composites CFRP
GFRP
Thermoplastic Composites
High-performance Polymers (PEEK, PEI)
Metals Aluminium
Magnesium
Titanium
High-strength Steel
By Manufacturing Process
Extrusion / Rolling
Additive Manufacturing
Resin Transfer Molding
Hot Stamping and Hydroforming
By End-user Industry
Automotive
Aerospace and Defense
Construction
Energy (Wind, Hydrogen)
Marine
Other Industries (Sports, Rail, Packaging)
By Geography
Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
South America Brazil
Mexico
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
By Product Type Polymers and Composites CFRP
GFRP
Thermoplastic Composites
High-performance Polymers (PEEK, PEI)
Metals Aluminium
Magnesium
Titanium
High-strength Steel
By Manufacturing Process Extrusion / Rolling
Additive Manufacturing
Resin Transfer Molding
Hot Stamping and Hydroforming
By End-user Industry Automotive
Aerospace and Defense
Construction
Energy (Wind, Hydrogen)
Marine
Other Industries (Sports, Rail, Packaging)
By Geography Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
South America Brazil
Mexico
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How large is the lightweight materials market in 2025?

It is valued at USD 198.66 billion with an 8.89% CAGR outlook to 2030.

Which product type holds the highest share?

Polymers and composites command 65.66% in 2024 thanks to their versatility in transport and energy.

Which product type segment is growing fastest?

Metals are projected to expand at 9.24% annually as advanced aluminum and titanium grades gain traction.

Why is Asia-Pacific so dominant?

The region combines China’s manufacturing scale with Japan’s technology leadership, totaling 40.46% share and a 9.88% CAGR.

Page last updated on: