The automotive lightweight material market is projected to grow at a CAGR of 13.06% from 2016 to 2021 and reach a market size of USD 110.42 Billion in 2021. The key drivers of the market are the stringent emission and fuel economy regulations, coupled with the targets on weight reduction, by the regulatory authorities.

Forecast to 2021 indicates that compound annual growth rate (CAGR) of high-temperature composite materials market is 8.41%.

MarketsandMarkets has published a composite market research covering fiber and resins types, manufacturing process, application and regions in 2021 perspective.