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Articles By roy almaguer

Lucintel: Composites In The Aerospace Industry To Reach An Estimated Value Of $5.9 Billion   By: roy almaguer
The composites market in global aerospace industry is expected to reach an estimated value of $5.9 billion by 2033 with total consumption of composite materials in is anticipated to grow to 133.8 million pounds. The major drivers are increasing demand for lightweight materials, high order backlog of aircraft deliveries, high penetration of composite materials in aircraft structures, and increasing production of various aircrafts. The APAC region is expected to be high demand region for aircraft and composite materials consumption.(read entire article)
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Category : Business

Lucintel Estimates The Natural Fiber Composites Market To Grow With A Cagr Of 11.2%   By: roy almaguer
The natural fiber composites (NFCs) are used in a variety of markets such as automotive, construction, electrical and electronics, and sporting goods. As a competitor to the traditional materials such as steel, aluminum, and other advanced composite materials, NFCs have gained favor among the OEMs for their performance characteristics such as lighter weight, recyclability, and sound insulation. Variety of resins such as polypropylene, polyurethane, polylactide acid, and epoxy are used in making of NFCs. Polypropylene is the most dominant resin used in the natural fiber composites market.(read entire article)
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Category : Business

Lucintel Anticipates The Global Automotive Filters Market To Reach $21.9 Billion By 2019   By: roy almaguer
The global automotive filters market is expected to reach an estimated value of $21.9 billion by 2019. The major drivers of the automotive filters market are increasing regulations for air emissions from vehicles, revival of automotive production, the growing replacement market, and an increase in miles driven per vehicle. Filters are used for a variety of applications in a vehicle such as internal combustion engine and vehicles passenger's compartment. Removal of harmful gases and odors related to the incoming air from the cabin to give comfort to the passengers is driving the global cabin filter market. The growing demand of the automotive filters from developing countries, such as China, India, Brazil and Taiwan, is anticipated to boost the market.(read entire article)
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Category : Business

Lucintel Analysis: China Best Placed Among Bric Countries In Terms Of Composites Market   By: roy almaguer
Composites are used as competitors to traditional materials such as iron and steel, aluminum, and wood. The BRIC composites market experienced good growth during the last decade and is anticipated to continue its growth momentum over the next five years.In terms of market attractiveness and growth rate, China is best placed amongst the BRIC countries. China has the most mature market for composite products as well as raw materials because of continuous government support, higher manufacturing capability, and large domestic market size.(read entire article)
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Category : Business

Strong Expansionary Policy And Growth In Private Sector To Boost Economic Growth   By: roy almaguer
The Brazilian economy is dominated by the service sector which contributed approximately 66% to the total GDP in 2013. The country went through the global recession in 2009, but strong fundamentals have led the country to survive the crisis. Brazil presents strong investment opportunity in crude oil refining. The country has oil reserves which contribute approximately 0.9% to the global oil reserves. Brazil provides long-term opportunities in the oil and gas sector and at least 70% of the pre-salt areas remain untapped. Petrobras, which is the dominant player in upstream oil sector, is planning to invest in the oil and gas sector for exploration and production through partnerships.(read entire article)
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Category : Business

Lucintel Forecasts Bric Composites Market To Witness Good Growth During The Next Five Years   By: roy almaguer
The BRIC composites market is expected to witness good growth over the next five years. China has been the leader among the BRIC countries in terms of total composite consumption, whereas India depicted the highest growth rate due to rapidly increasing demand from the end user industries. The BRIC composites industry growth rate differed across various market segments depending on price-versus-performance criteria and the level of penetration in a particular application.(read entire article)
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Category : Business

Lucintel Forecasts Moderate Growth For The Us Skincare Industry During 2013-2018   By: roy almaguer
The US skincare industry is expected to experience moderate growth and reach an estimated $12.2 billion by 2018. The major driver of skincare industry is the rising concern and demand for natural and organic skincare products. Growing concern for health and safety, consumer awareness about synthetic chemicals, and rising green consciousness drove the demand for organic and natural skin care products. Another key driver of skincare industry is increased demand of anti-aging products. This market is benefited by high disposable income of baby boomers group.(read entire article)
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Category : Business

Lucintel Identifies And Prioritizes Opportunities For Growth In The Global Automotive Filter Market   By: roy almaguer
According to a new market report published by Lucintel, the future of the global automotive filter market looks good with opportunities in the OEM and aftermarkets.(read entire article)
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Category : Business