Lightweight materials are the current future of artificial materials in diverse industries. The world lightweight material market size is expanding gradually with the demand for lightweight building materials in construction, packaging, transportation, engineered goods, and automotive industries rising exponentially. These fulfill the promise of being light, stiff, flexible, economical, and highly corrosive resistant without compromising on strength. Our analyst has comprehensively evaluated the honeycomb sandwich, graphene, and aerogel markets and explained the potential of lightweight materials. Innovative research is being conducted on newer avenues, such as dry construction, paperboard, and automotive plastics market. Lightweight automotive materials is one of the most promising segments of the sector. The competitive scenario of the entire sector and its verticals seems promising as the industry is expected to scale new heights in the next few years. The lightweight materials market is set for major expansion along with large-scale industrialization.