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Articles By roy almaguer

Pestle Analysis Of Nigeria : Growth In Telecom, Construction, And Hotel & Restaurants Industries   By: roy almaguer
The Nigerian economy is likely to be driven by growth in the telecommunications, building and construction, and hotel & restaurants industries during the forecast period. Recovery of the global economy,particularly European countries would positively impact the Nigerian economy. Oil and gas is one of the major sectors of the country, contributing significantly to total export. Increase in international oil prices would boost the oil and gas sector as well as the economy. The Nigerian economy is likely to grow to $384 billion at the current price by 2018 ata CAGR of 6.8% during 2013-2018.(read entire article)
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Category : Business

Lucintel Estimates China Carbon Fiber Market To Witness Strong Growth During 2013-2018   By: roy almaguer
The China carbon fiber market is expected to experience good growth and reach $408 million by 2018. The market is highly concentrated with top five players capturing more than 70% of capacity. Carbon fiber is used in sectors, such as sporting goods, aerospace, and industrial. The industrial market is the major user of low-cost carbon fiber. The China carbon fiber market is anticipated to grow due to the emerging Chinese economy and increasing demand of domestic consumption and production in China.(read entire article)
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Category : Business

Lucintel Projects The Global Airline Industry To Reach $767 Billion By 2018   By: roy almaguer
The global airline industry is expected to reach $767 billion by 2018. The industry is fragmented with top three and top five players. The Companies' main strategy is focused on expanding their services globally as many of the airlines that are US based have international routes and are expanding overseas. The airline Companies are focusing on environmental sustainability programs to provide eco-efficient airlines with less carbon emissions.(read entire article)
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Category : Business

Lucintel Anticipates Apac To Witness Maximum Growth During Forecast Period In Oxygen Cylinder Market   By: roy almaguer
The global oxygen cylinder market is highly fragmented with more than 50 companies supplying oxygen globally for different purposes. APAC is expected to have maximum growth during the forecast period mainly due to the increased use of oxygen cylinders for medical and industrial purpose. The urbanization in China and India had resulted in increasing pollution as well as rise in several respiratory diseases.(read entire article)
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Category : Business

Lucintel Forecasts Higher Growth For Global Defense Land Vehicle Industry   By: roy almaguer
The global defense land vehicle industry comprises battle tanks, armored combat vehicles and personnel carriers, infantry fighting vehicles, artillery, tactical vehicles, and other armored protective vehicles. The industry is highly consolidated in terms of suppliers as well as buyers and is highly dependent on government spending.The industry is forecast to reach an estimated $32.7 billion by 2020 at a CAGR of 1.3% over the next eight years (2013-2020). Continued uncertainty in global affairs, threat of terrorism, and instability in the Middle East will influence the purchase of defense land vehicles over the long run.(read entire article)
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Category : Business

Lucintel Report Outlines Good Growth Opportunities For Composites In The Boat Composites Market   By: roy almaguer
The composites shipments in the global boat market is expected to grow to $1,355 million in 2019. The major drivers for composites in the global boat market are low-cost of materials, weight reduction, corrosion resistance, high replacement rate, change in technologies, increase in boat size, and high net-worth population increase.(read entire article)
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Category : Business

Lucintel's Prepreg Leadership Report Identifies The Leaders In The Worldwide Prepreg Industry   By: roy almaguer
The global prepreg market is expected to reach an estimated value of $6.1 billion by 2019. From aerospace to sporting goods to wind energy, prepreg is rapidly gaining acceptance as an alternative material to metals and plastics, and is becoming more widely recognized for its high-performance characteristics.(read entire article)
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Category : Business

Lucintel : The Global Automotive Coolant Market   By: roy almaguer
The global automotive coolant market is expected to reach an estimated value of $10.9 billion by 2019. The major drivers of the automotive coolant market are an increasing demand for light passenger vehicles and heavy duty trucks, mainly in the emerging countries. The growing automotive sector is fuelling the demand for coolants in both OEM and aftermarket segments. The majority of the demand for coolants is from the replacement (aftermarket) market. Rise in the average age of vehicles in operation, advanced technology, and the use of environment-friendly coolants will possibly further drive this market.(read entire article)
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Category : Business

Lucintel Anticipates The Global Aerogel Market To Grow At A Cagr Of 18.2% During 2014-2019   By: roy almaguer
The global aerogel market is expected to grow at a CAGR of 18.2% during 2014-2019. The major drivers of the aerogel market are advancement in the manufacturing processes, growing applications of aerogel, and better thermal insulation capacity. Aerogel is considered to be a strong insulator with its capacity for better thermal insulation than the other conventional alternatives. Aerogel is used for a variety of applications such as insulation, pharmaceutical, and other. Despite being more expensive than its competing materials, the use of aerogel is growing in applications where R value (measurement of thermal resistance), surface area, and density performance benefits are critical.(read entire article)
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Category : Business

Lucintel Anticipates Phenolic Resin Market In The Global Composites Industry To Grow   By: roy almaguer
The phenolic resin market in global composite industry is expected to grow with a CAGR of 6.4% over the 2014-2019. One of the major drivers of the phenolic resin in the global composite industry is stringent regulations related to fire, smoke, and toxic gases emission in the European mass transit industry. Phenolic fiber-reinforced plastic is lighter and more corrosion-resistant than metals, and has the edge over fire-retardant vinyl ester for structural applications in oil and gas industry and transportation. The increasing penetration of phenolic resin based composites in aircraft interior components is also expected to drive the demand in the future.(read entire article)
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Category : Business