Automotive Composites Industry Business Opportunities, Top Manufacture, Growth, Share Report, Size, Regional Analysis The global automotive composites market size is projected to reach USD 13.5 billion by the end of 2026. The growing demand for lightweight automobile will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Automotive Composites Market Size, Share & Industry Analysis, By Fiber (Glass, Carbon and Natural), By Resin Type (Thermoset and Thermoplastics), By Application (Exterior, Interior, Structure & Power train, and Other), and Regional Forecast, 2019-2026,” the market was worth USD 7.67 billion in 2018 and will exhibit a CAGR of 7.56% during the forecast period, 2019-2026. The use of composites in the automotive industry has increased in recent years as car manufacturers aim to reduce vehicle weight in order to improve fuel efficiency and meet emissions standards. Composites can be used in a variety of automotive applications, including body panels, structural components, and interior parts. Some common types of composites used in the automotive industry include carbon fiber reinforced polymers (CFRP), glass fiber reinforced polymers (GFRP), and natural fiber reinforced polymers. These composites can be combined with different resins and fibers to achieve specific properties and characteristics. While the use of composites in the automotive industry has many benefits, there are also challenges to their adoption, such as high production costs and the need for specialized manufacturing processes. However, as technology advances and production costs decrease, the use of composites is expected to continue to grow in the automotive industry.
6/1/2023The global fatty alcohol market size is set to gain traction from the rising demand for bio-based products. Hence, manufacturers are shifting towards using eco-friendly ingredients. This information is given by Fortune Business Insights™ The report further states that the fatty alcohol market size was USD 5.08 billion in 2019 and is projected to reach USD 7.40 billion by 2027, exhibiting a CAGR of 5.2% during the forecast period. What Does This Report Contain? Elaborate data about the segments in the market. Historical, present, and estimated size of the market. Profiles of prominent players and their crucial strategies. Elaborate analysis of growth drivers in the market for fatty alcohols. Competitive Landscape-
5/31/2023Lithium Market p Leading Companies and Regional Data Analysis, Share, Revenue, Scope and Forecast The global lithium industry size was USD 3.64 billion in 2020. The market is projected to grow from USD 3.83 billion in 2021 to USD 6.62 billion in 2028 at a CAGR of 8.1% during the 2021-2028 period. This information is provided by Fortune Business Insights™ in its report titled, “Lithium Market, 2021-2028.” According to our researchers, prompt progressions in the rechargeable batteries for laptops, mobile phones, Electric Vehicles (EVs), as well as digital cameras, directed by the growth in the Li-ion battery market across the world shall power the product demand. Growing demand for batteries, glass & ceramics, lubricants, foundry and others is anticipated to nurture the growth of the lithium market forecast. List of Lithium Market Players Covered in this Report are: FMC Corporation (India) Albemarle Corporation (U.S.) SQM S.A. (Chile) Tianqi Lithium (Australia)
5/30/2023Acrylic Resins Industry Trends, Share, Size, Demand, Growth Opportunities The global acrylic resins market size is expected to showcase significant growth by reaching USD 28,051.3 million by 2028. Fortune Business Insights in its latest report, titled “Acrylic Resins Market, 2021-2028.”, mentions that the market stood at USD 19,115.9 million in 2020 and is projected to exhibit a CAGR of 4.8% between 2021 and 2028 What does the Report Include? The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years. Further Report Findings:
5/30/2023