Here's the recent articles submitted by roy almaguer
Articles By roy almaguer
Lucintel Forecasts The Polyurethane Resin In The Global Composites Market To Reach $197 Million By 2031
Submitted as: Lucintel LLC
According to a market report by Lucintel, the future of the polyurethane resin in the global composites market looks promising with opportunities in the transportation, construction, and other industries. The polyurethane resin in the global composites market is expected to reach an estimated $197 million by 2031 from $162 million in 2024 at a CAGR of 3% from 2024 to 2031. The major drivers for this market are increasing demand for lightweight materials in the automotive industry to achieve higher fuel efficiency and reduce greenhouse gas emissions and growing acceptance of polyurethane resin in the global composite industry in wind blade application due to its fast curing and good flow ability as compared to epoxy resin.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Thermoplastic Composites Market To Reach $33 Billion By 2028
Submitted as: Lucintel LLC
According to the recent study the global thermoplastic composites market is projected to reach an estimated $33 billion by 2028 with a CAGR of 5% from 2022 to 2028. Growth in this market is primarily driven by growing demand for lightweight and environmentally sustainable materials, and the replacement of metals with composites in different end use industries.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Thermoset Resin In The Global Composites Market To Reach $23 Billion By 2031
Submitted as: Lucintel LLC
According to a market report by Lucintel, the future of the thermoset resin in the global composites market looks promising with opportunities in the attractive with opportunities in various end use industries, including marine, pipe and tank, construction, transportation, wind energy, aerospace and defense, electrical and electronics, and consumers goods. The thermoset resin in the global composites market is expected to reach an estimated $23 billion by 2031 from $17 billion in 2024 at a CAGR of 4% from 2024 to 2031. The major drivers for this market are the increasing demand for lightweight materials, and performance benefits of reinforced composites over rival materials.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Unsaturated Polyester Resin Market To Reach $14 Billion By 2031
Submitted as: Lucintel LLC
According to a market report by Lucintel, the future of the global unsaturated polyester resin market looks promising with opportunities in the unsaturated polyester resin market. The global unsaturated polyester resin market is expected to reach an estimated $14 billion by 2031 from $11 billion in 2024 at a CAGR of 4% from 2024 to 2031. The major drivers for this market are growing infrastructural investments and rehabilitation of old infrastructural projects and increasing need for lightweight products with ease of handling, transportation, and installation.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Carbon Fiber Market To Reach $4 Billion By 2031
Submitted as: Lucintel LLC
According to the recent study the global carbon fiber market is projected to reach an estimated $4 billion by 2031 with a CAGR of 5% from 2024 to 2031. Growth in this market is primarily driven by growth, owing to factors such as increasing demand for lightweight and fuel-efficient vehicles, aerospace advancements, wind energy expansion, and growing applications in sports and leisure sectors. Carbon fiber is widely used in industries such as automotive, aerospace, wind energy, sports equipment, construction, and marine, among others. The major drivers for market growth are growing demand for high performance and lightweight composite materials and increasing performance requirements in the end uses.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Composite Rebar Market To Reach $152 Million By 2031
Submitted as: Lucintel LLC
According to the recent study the global composite rebar market is projected to reach an estimated $152 million by 2031 from $126 million in 2024 at a CAGR of 3% from 2024 to 2031. The major drivers for this market are corrosion resistance and durability, growing demand for sustainable and eco-friendly construction, and technological advancements in composite materials.(read
entire article)
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Category : Business
Lucintel Forecasts The Composites In The Global Automotive Market To Reach $13 Billion By 2031
Submitted as: Lucintel LLC
According to a market report by Lucintel, the future of the composites in the global automotive market looks promising with opportunities in interior, exterior, power train system, chassis systems, electrical and electronics and under body system applications. The composites in the global automotive market is expected to reach an estimated $13 billion by 2031 from $10 billion in 2024 at a CAGR of 5% from 2024 to 2031. The major drivers for this market are rise in demand for vehicles that are fuel efficient and have low carbon emissions and corrosion resistivity and low thermal expansion.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Glass Fiber Market To Reach $14 Billion By 2031
Submitted as: Lucintel LLC
According to the recent study the global glass fiber market is projected to reach an estimated $14 billion by 2031 from $11 billion in 2024 at a CAGR of 4% from 2024 to 2031. Growth in this market is primarily driven by rise in demand for products made of glass composites; these include bathtubs, pipes, tanks, printed circuit boards, wind blades, and automotive parts.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Glass Fiber Textile Market To Reach $9 Billion By 2031
Submitted as: Lucintel LLC
According to the recent study the global glass fiber textile market is projected to reach an estimated $9 billion by 2031 from $6 billion in 2024 at a CAGR of 5% from 2024 to 2031. Growth in this market is primarily driven by increasing demand for durable, lightweight, non-corrosive components, continuous demand in Chinese and Indian markets.(read
entire article)
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Category : Business
Lucintel Forecasts The Global Long Fiber Thermoplastics Market To Reach $1,149 Million By 2031
Submitted as: Lucintel LLC
According to the recent study the global long fiber thermoplastics market is projected to reach an estimated $1,149 million by 2031 from $891 million in 2024 at a CAGR of 4% from 2024 to 2031. Growth in this market is primarily driven by increasing demand for lightweight parts with high performance benefits in the automotive industry helped to boost the global demand for long fiber thermoplastics.(read
entire article)
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Category : Business
