Press Release

Stay updated with the latest announcements, market intelligence releases, and company news from Lucintel. Browse our press releases for insights into industry trends and our latest research.

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Lucintel publishes regular press releases highlighting new market research, industry analyses, strategic studies, and corporate announcements. Each release distills our latest insights for journalists, analysts, and decision-makers.

Browse the archive below to find releases by topic and date. We cover trends across composites, materials, aerospace, automotive, healthcare, energy, and more, drawing on decades of industry experience and a global network of expert sources.

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Browse our latest press releases below.

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Press Release Publish Date
Opportunities for the semiconductor market to reach $501.8 billion by 2025 (Technology & Telecommunications)

According to a new market report published by Lucintel, the future of the global semiconductor market looks attractive with opportunities in the communication, consumer electronics, automotive, and industrial sectors. The semiconductor market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $501.8 billion by 2025 with a CAGR of 2% to 4% from 2020 to 2025. The major …

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November 05, 2020
The global virtual reality headset market is expected to reach $38.7 billion by 2024 (Consumer & Retail)

According to a new market report published by Lucintel, the future of the global virtual reality headset market looks promising with opportunities in the gaming & entertainment, real estate, healthcare, retail, and military market. The virtual reality (VR) headset market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $36.5 billion by 2025 with a CAGR of 31% …

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November 05, 2020
The global 3D printing materials market is expected to reach $4 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global 3D printing materials market looks promising with opportunities in the automotive, consumer, medical, and aerospace industries. The 3D printing materials market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $4 billion by 2025 with a CAGR of 16% to 18% from 2020 to …

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November 05, 2020
Opportunities for the Antimony Trioxide Market in the United States (Chemical)

According to a new country report published by Lucintel, the future of the antimony trioxide market in the United States looks promising with opportunities in the electrical & electronics, building & construction, and packaging industries. The antimony trioxide market in the United States is primarily driven by drivers for this market are increasing safety and security measures for smoke and flammability in construction and electrical & electronics industries. To download report brochure, please go to https://www.lucintel.com/antimony-trioxide-in-the-global-flame-retardant-masterbatches-market.aspx and click "download brochure" …

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October 27, 2020
Lucintel analyzes market sizing and profitability at different value nodes of the prepreg market (Composites and Advanced Materials)

An exclusive report published by Lucintel on value chain analysis of the prepreg market provides insights on key players, opportunity size, and profitability across different value nodes of this market. The value chain of prepreg market is diverse and continuously evolving. Lucintel predicts that the future of the prepreg market is attractive with opportunities in the commercial aerospace, military/defense, general aviation, space/satellite, sporting goods, marine, wind energy, automotive, and civil engineering industries. In terms of market size, the prepreg market …

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August 28, 2020
Opportunities for the recycled carbon fiber market to grow with a CAGR of 1% to 3% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the recycled carbon fiber market looks promising with opportunities in transportation, aerospace, consumer electronics, and sporting goods industries. The recycled carbon fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 1% to 3% from 2020 to 2025. The major drivers for this …

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August 25, 2020
The glass fiber market is expected to reach $10.3 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global glass fiber market is promising with opportunities in the transportation, construction, pipe and tank, electrical and electronics, consumer goods, and wind energy industry. The global glass fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $10.3 billion by 2025 with a CAGR …

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August 25, 2020
The phenolic resin market is expected to reach $11.7 billion by 2025 (Chemical)

According to a new market report published by Lucintel, the future of the phenolic resin market is attractive with opportunities in the wood adhesive, molding compound, laminate, insulation, paper impregnation, and coating applications. The phenolic resin market is expected to reach an estimated $14.53 billion by 2025 and it is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated …

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August 25, 2020
Opportunities for the flavor and fragrance market to reach $35.7 billion by 2025 (Consumer & Retail)

According to a new market report published by Lucintel, the future of the global flavor and fragrance market looks promising with opportunities in dairy, savory/snacks, fine fragrance, cosmetics, toiletries, household, and air care. The global flavor and fragrance market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $77.6 billion by 2025 with a CAGR of 2% to …

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August 25, 2020
Opportunities for the Polyetheretherketone(PEEK) market to grow with a CAGR of 2% to 4% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global PEEK market looks promising with opportunities in electronics, oil & gas, aerospace, medical, automotive, and other industries. The global PEEK market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 2% to 4% from 2020 to 2025. The major drivers for this …

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August 24, 2020
Epoxy resin in the global composites industry market is expected to reach $4.2 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of epoxy resin in the global composites industry looks good with opportunities in the transportation, marine, wind energy, aerospace, pipe & tank, construction, electrical and electronics, and consumer goods. The global epoxy resin in the global composites market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated …

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August 24, 2020
Opportunities for the thermoplastic unidirectional tape market to grow with a CAGR of 0.3% to 2.3% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the thermoplastic unidirectional tape market looks attractive with opportunities in the aerospace & defense, transportation, sporting goods, industrial, and other industries. The thermoplastic unidirectional tape market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 0.3% to 2.3% from 2020 to 2025. The major …

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August 24, 2020
Lucintel anticipates that in the composites market North America will be the fastest growing region in polyurethane resin (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of polyurethane resin in the composites market looks promising with opportunities in transportation, construction, and other industry. The global polyurethane resin in the composites market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow by 2025 with a CAGR of 1% to 3% from 2020 to 2025. The major …

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August 24, 2020
Lucintel anticipates that North America will be the fastest growing region in the BMI prepreg market (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the bismaleimide (BMI) prepreg market looks promising with opportunities in the defense, commercial aerospace, and general aviation industries. The global bismaleimide (BMI) prepreg market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow by 2025 with a CAGR of 4% to 6% from 2020 to 2025. The major …

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August 24, 2020
The short fiber thermoplastics market is expected to reach $15.1 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global short fiber reinforced thermoplastics market looks promising with opportunities in transportation, consumer goods, and electrical/electronics industries. The global short fiber thermoplastics market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $15.1 billion by 2025 with a CAGR of 1% to 3% from 2020 …

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August 24, 2020
Opportunities for the global composite materials market to reach $39.4 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global composites market looks attractive with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace, and others. The global composite materials market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $77.6 billion by 2025 with a …

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August 24, 2020
Opportunities for the composite performs market to grow with a CAGR of 4% to 6% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the composite preforms market looks promising with opportunities in aerospace, automotive, consumer goods, infrastructure, medical, and marine industries. The global composite preforms market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 4% to 6% from 2020 to 2025. The major drivers for this …

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August 24, 2020
Lucintel anticipates that Europe will be the fastest growing region in the low density SMC market (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global low density SMC (Sheet Molded Compound) market looks promising with opportunities in various automotive applications, such as hoods, deck lids, fenders, bumpers, and body panels. The global low density SMC (Sheet Molded Compound) market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated with …

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August 21, 2020
The global FRP pole market is expected to grow at a CAGR of -5% million by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global FRP pole market looks promising with opportunities in power transmission and distribution, telecommunication, lighting and others end use industries. The global FRP pole market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach by 2025 with a CAGR of 1% to 2% from 2020 to 2025 …

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August 21, 2020
The FRP Pipe Market is expected to reach $4.2 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the FRP pipe market is positive with opportunities in oil and gas, water & wastewater, chemical & industrial, retail fuel, pulp & paper, and sewage end use applications. The global FRP pipe market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $4.2 billion by 2025 …

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August 21, 2020
Lucintel anticipates that Asia Pacific will be the fastest growing region in the glass mat thermoplastic market (Chemical)

According to a new market report published by Lucintel, the future of the glass mat thermoplastic (GMT) market looks good with opportunities in the automotive industry. The global GMT market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach with a CAGR of 1% to 2% from 2020 to 2025 . The major drivers for the growth of this market …

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August 21, 2020
Lucintel anticipates that Europe will be the fastest growing region in the epoxy tooling board market (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the epoxy tooling board market looks promising with opportunities in the transportation, aerospace, wind energy, and marine industries. The global epoxy tooling board market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow by 2025 with a CAGR of 3% to 5% from 2020 to 2025. The major …

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August 21, 2020
Lucintel anticipates that North America will be the fastest growing region in the high performance glass fiber market (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the high performance glass fiber market looks attractive with opportunities in aerospace & defense, pressure vessels, electrical and electronics, sporting goods, civil engineering, automotive, wind energy, and marine industry. The global high performance glass fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow by 2025 with …

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August 21, 2020
The CFRP market is expected to reach $27 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the carbon fiber reinforced plastic (CFRP) market looks attractive with opportunities in the automotive, pressure vessel, and wind energy industries. The CFRP market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $27 billion by 2025 with a CAGR of 0.5% to 2.5% from 2020 to …

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August 21, 2020
Lucintel anticipates that North America will be the fastest growing region in the high temperature composite resin market (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global high temperature composite resin market looks promising with opportunities in aerospace & defense, pipe & tank and electrical & electronics industries. The global high temperature composite resin market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.0 billion by 2025 with a CAGR …

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August 21, 2020
The global FRP panel market is expected to reach $1.3 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global FRP panel market looks promising with opportunities in the building and construction, truck and trailer, and recreational vehicle industries. The FRP panel market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.3 billion by 2025 with a CAGR of 1% to 3% from …

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August 20, 2020
The european glass fiber Market is expected to reach $2.0 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the European glass fiber market is promising with opportunities in the transportation, construction, electrical and electronics, pipe and tank, wind energy, and consumer goods industries. The global European glass fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $2.0 billion by 2025 with a …

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August 20, 2020
The epoxy curing agent in composites market is expected to grow by CAGR of 2% to 4% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the epoxy curing agent in composites market looks good, with opportunities in the aerospace, pipe and tank, and wind energy applications. Epoxy curing agents are chemically active compounds those help in resin formulation and promote cross linking reaction to form a rigid thermoset structure. The epoxy curing agent in the global composites industry is decline in 2025 due to global economic recession led by COVID-19. However, market will …

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August 20, 2020
Opportunities for the composites in the passenger rail market to reach $0.9 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of composites in the passenger rail market looks good with opportunities in the interior and exterior applications. The composite in the passenger rail market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $0.9 billion by 2024 with a CAGR of 2% to 4% from 2020 to …

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August 20, 2020
Opportunities for the composite surface film market to grow with a CAGR of 2% to 4% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global composite surface film market looks promising with opportunities in the aerospace & defense, automotive and others industries. The global composite surface film market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 2% to 4% from 2020 to 2025. The major drivers …

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August 20, 2020
Opportunities for the bio-composites market to reach $7 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the bio-composites market looks promising with opportunities in building and construction, automotive, industrial & consumer goods industries. The global bio-composites market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $7 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. Some …

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August 19, 2020
The global footwear sole material market is expected to reach $21.1 billion by 2025 (Chemical)

According to a new market report published by Lucintel, the future of the global footwear sole material market looks promising with opportunities in athletic and non-athletic shoes. The global footwear sole material market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $21.1 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. The …

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August 19, 2020
Opportunities for the carbon fiber textile market to reach $1.5 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global carbon fiber textile market looks promising with opportunities in transportation, marine, wind energy, aerospace/defense, and construction industries. The global carbon fiber textile market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.5 billion by 2025 with a CAGR of 0.5% to 2.5% from …

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August 19, 2020
Opportunities for the FRP tank in the water and wastewater market expected to grow with a CAGR of 4% to 6% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of FRP tank in the water and wastewater market looks promising with opportunities in municipal, industrial, residential, and commercial end use industry. FRP tank in the water and wastewater market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 4% to 6% from 2020 to …

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August 19, 2020
The European automotive composites market is expected to reach $4.7 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the automotive composites market looks good with opportunities in the power train, exterior, interior, electrical and electronics, and under body system.The European automotive composites market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $4.7 billion by 2025 with a CAGR of 1% to 3% from …

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August 19, 2020
The global carbon fiber market is expected to reach $2.8 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the carbon fiber market looks attractive with opportunities in the aerospace, industrial, and sporting goods industries. The global carbon fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $2.8 billion by 2025 with a CAGR of 1% to 3% from 2020 to 2025 . …

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August 19, 2020
Lucintel anticipates that Europe will be the fastest growing region in the automotive composite suspension components market (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global automotive composite suspension components market looks attractive with opportunities in the markets of passenger cars, light commercial vehicles, and medium & heavy commercial vehicles. The global automotive composite suspension components market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and i with a CAGR of 2% to 4% from 2020 to …

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August 19, 2020
The global polypropylene compound market is expected to reach $12.7 billion by 2025 (Chemical)

According to a new market report published by Lucintel, the future of the global polypropylene (PP) compound market is promising with opportunities in the automotive, appliances, consumer electronics, industrial, and packaging industries. The global polypropylene compound market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $12.7 billion by 2025 with a CAGR of 1% to 3% from …

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August 19, 2020
Opportunities for the composites cylinder market to reach $0.8 million by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global composites cylinder market looks promising with opportunities in gas carriers & storage, transportation, life support, and recreation industries. The global composites cylinder market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $0.8 billion by 2025 with a CAGR of 1% to 3% from …

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August 19, 2020
The composites in the defense industry is expected to grow with a CAGR of 0.3% to 2.3% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the composite materials in the defense industry looks good with opportunities in military aircraft, naval systems, land vehicle, body armor, arms & ammunition, and military hard wall shelter. The composite materials market in the defense industry is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR …

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August 19, 2020
Opportunities for the thermoplastic composites market to reach $15.1 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global thermoplastic composites market looks promising with opportunities in transportation, consumer goods, industrial, and construction industries. The global thermoplastic composites market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $15.1 billion by 2025 with a CAGR of 1% to 3% from 2020 to 2025. …

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August 19, 2020
Composite materials in the global mass transportation and off road equipment market is expected to reach $0.8 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of composite materials in the global mass transportation and off road equipment market looks promising with opportunities in exterior, interior, under the hood, electrical components, powertrain and other applications. The global composite materials in the global mass transportation and off road equipment market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is …

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August 19, 2020
The carbon fiber in the global automotive market is expected to grow with a CAGR of 7.9% from 2018 to 2023 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of carbon fiber in the global automotive market looks promising with opportunities in the exterior, interior, chassis, powertrain, and under body system market. Carbon fiber in the global automotive market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach by 2025 with a CAGR of 2% to 4% from …

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August 19, 2020
Opportunities for the PVC compound market to reach $15.1 billion by 2025 (Chemical)

According to a new market report published by Lucintel, the future of the polyvinylchloride (PVC) compound market is promising with opportunities in the electrical and electronics, building and construction, packaging, automotive industries. The PVC compound market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $15.1 billion by 2025 with a CAGR of 4% to 6% from 2020 …

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August 19, 2020
The global CNG tank market is expected to reach $1.0 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global CNG tank market looks attractive with opportunities in automotive and bulk transportation applications. The global CNG tank market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.0 billion by 2025 with a CAGR of 1% to 2% from 2020 to 2025. The major …

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August 19, 2020
Opportunities for the glass fiber reinforced plastic market to reach $37.3 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the glass fiber reinforced plastic market looks good with opportunities in transportation, marine, aerospace, construction, wind energy, pipe and tank, electrical & electronics industry. The glass fiber reinforced plastic market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $37.3 billion by 2025 with a CAGR …

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August 19, 2020
The global continuous fiber thermoplastic (CFT) market is expected to grow with a CAGR of 0.5% to 2.5% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the global continuous fiber thermoplastics (CFT) market looks promising with opportunities in the transportation, aerospace & defense, industrial and sporting goods industries. The global CFT market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 0.52% to 2.5% from 2020 to 2025. The major …

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August 19, 2020
The North American FRP pipe market is expected to grow with a CAGR of 1% to 3% from 2020 to 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the North American FRP pipe market looks good with growth opportunities in the oil and gas, chemical, sewer gravity, retail fuel, and portable water market. The North American FRP pipe market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $0.7 billion by 2025 with a …

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August 19, 2020
The para aramid Fiber Market is expected to reach $3.2 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the para aramid fiber market looks promising with opportunities in the frictional materials, protection, electrical transmission, safety garments , rubber reinforcement, tire reinforcement, and oil and gas industries. The global para aramid fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $3.2 billion by …

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August 19, 2020
Opportunities for the long fiber thermoplastics market to reach $1.0 billion by 2025 (Composites and Advanced Materials)

According to a new market report published by Lucintel, the future of the long fiber thermoplastics (LFT) market looks attractive with opportunities in the automotive, industrial, and consumer goods industries. The LFT market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.0 billion by 2025 with a CAGR of 1% to 3% from 2020 to 2025. The …

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August 19, 2020

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