Lightweight Materials Market: In-depth Analysis, Demand Statistics & Competitive Outlook 2023-2028 stratviewresearch.com

The market is driven by a host of factors, some of which are noted below:

Growing awareness towards the reduction of fuel emissions impelled a large number of automotive and aircraft manufacturers to replace heavier materials with lighter ones, which can reduce the weight of the final product.
Furthermore, governments of different countries and various international organizations are framing stringent regulations against vehicular emissions.