LUCINTEL
LUCINTEL press releases
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According to a market report by Lucintel, the future of the global transformer market looks promising with opportunities in the utilitie, industrial, and other markets. The global transformer market is expected to reach an estimated $85 billion by 2030 from $55.4 billion in 2023, at a CAGR of 7% from 2023 to 2030. The major drivers for this market are smart transformers, digitalization and iot integration, and hvdc transformers. A more than 150-page report to understand trends, opportunity and forecast...
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According to a market report by Lucintel, the future of the global industrial hemp market looks promising with opportunities in the food & beverage, textile, pharmaceutical, personal care product, animal nutrition, and paper markets. The global industrial hemp market is expected to reach an estimated $24.9 billion by 2030 with a CAGR of 21.2% from 2024 to 2030. The major drivers for this market are rising legalization of industrial hemp cultivation, increasing use of hemp seed and hemp seed oil in...
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According to the recent study the wet laid nonwoven market is projected to reach an estimated $3.0 billion by 2028 from $2.3 billion in 2023, at a CAGR of 5.8% from 2023 to 2028. Growth in this market is primarily driven by growing demand for this material in hygiene and medical applications and increasing use of these nonwoven to produce long lasting and reusable shopping bags along with rising preference for eco-friendly and biodegradable products across the globe. A more than 150 – page report...
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According to the recent study the PE geomembrane market is projected to reach an estimated $3 billion by 2030 from $2.0 billion in 2023, at a CAGR of 5.0% from 2023 to 2028. Growth in this market is primarily driven by construction and mining sectors, increase in environmental pollution, and government regulations for waste management. Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in PE geomembrane market by raw material (HDPE and...
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According to a market report by Lucintel, the future of the global distillation random packing market looks promising with opportunities in the petrochemical industry, fine chemical industry, petroleum industry, food & beverage, pharmaceutical, water treatment, and environment & emission markets. The global distillation random packing market is expected to reach an estimated $1.4 billion by 2030 from $1.0 billion in 2024, at a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are...
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According to the recent study the vinyl ester resin market is projected to reach an estimated $876.0 million by 2030 from $693.4 million in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for corrosion resistance materials, growing infrastructural investments, and rehabilitation of old infrastructural projects. Browse 139 figures / charts and 97 tables in this 171 -page report to understand trends, opportunities and forecast in vinyl ester resin...
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According to a market report by Lucintel, the future of the global negative thermal expansion (CTE) filler market looks promising with opportunities in the sealed glass and adhesive markets. The global negative thermal expansion (CTE) filler market is expected to grow with a CAGR of 11.3% from 2024 to 2030. The major drivers for this market are rising trend of electronics downsizing and expanding use of lightweight materials in the aerospace and automotive industries, along with creation of novel...
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According to the recent study the siding market is projected to reach an estimated $150.0 billion by 2030 from $119.7 billion in 2023, at a CAGR of 3.0% from 2024 to 2030. Growth in this market is primarily driven by increasing construction activities, growing repair and maintenance of building exteriors, and a rise in the hospitality industry. A total of less than 200 pages report to understand trends, opportunities and forecast in siding market by material (fiber...
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According to the recent study the Polypropylene Compound Market is projected to reach an estimated $15.0 billion by 2030 from $12.5 billion in 2023, at a CAGR of 3.0% 2023 to 2030. Growth in this market is primarily driven by increasing automotive production and growing demand for consumer electronics and appliances in countries China, the United States, and Hong Kong. Browse 134 figures / charts and 109 tables in this 228 -page report to understand trends, opportunities and forecast in polypropylene...
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According to the recent study the carbon fiber reinforced plastic market is projected to reach an estimated $49.0 billion by 2030 from $29.9 billion in 2023, at a CAGR of 7.0% from 2023 to 2030. Growth in this market is primarily driven by growing demand for high performance and lightweight composite materials and increasing performance requirements in the various end use industries. Browse 121 figures / charts and 95 tables in this 223 -page report to understand trends, opportunities and forecast in...
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According to the recent study the carbon fiber market is projected to reach an estimated $5.0 billion by 2030 from $3.4 billion in 2023, at a CAGR of 6% from 2023 to 2030. 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...
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According to the recent study the Canadian siding market is projected to reach an estimated $3.0 billion by 2030 from $2.6 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily driven by increasing construction activities, growing repair and maintenance of building exteriors, and a rise in the hospitality industry. Browse 119 figures / charts and 113 tables in this 306 -page report to understand trends, opportunities and forecast in Canadian siding market by material...
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According to a market report by Lucintel, the future of the global biofilm treatment market looks promising with opportunities in the seaport and inland port markets. The global biofilm treatment market is expected to reach an estimated $2.0 billion by 2030 from $1.3 billion in 2024, at a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing incidence of chronic wounds, rising prevalence of healthcare-associated infections, and growing demand for minimally invasive therapies...
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According to a market report by Lucintel, the future of the global battery production machine market looks promising with opportunities in the automotive battery, industrial battery, and portable battery markets. The global battery production machine market is expected to reach an estimated $29.6 billion by 2030 from $8.3 billion in 2024, at a CAGR of 23.6% from 2024 to 2030. The major drivers for this market are growing number of production facilities globally, rising demand for lithium-ion batteries...
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According to a market report by Lucintel, the future of the global automotive airbag market looks promising with opportunities in the SUVs and crossovers, large cars, and mid-size cars. The global automotive airbag market is expected to reach an estimated $28.0 billion by 2030 from $19.2 billion in 2024, at a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are governmental regulations on safety standard, increasing number of traffic fatalities, increasing awareness on vehicle...
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According to a market report by Lucintel, the future of the global atmospheric water generator market looks promising with opportunities in the industrial, commercial and residential markets. The global atmospheric water generator market is expected to reach an estimated $5.7 billion by 2030from $2.2 billion in 2024, at a CAGR of 14.7% from 2024 to 2030. The major drivers for this market are rising technological investments, increasing favorable government regulation and rise infrastructure development...
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According to a market report by Lucintel, the future of the global adhesives in the aerospace market looks promising with opportunities in the original equipment manufacturer and maintenance, repair & operation markets. The global adhesive in the aerospace market is expected to grow with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising production of commercial & military aircraft, growing focus on lightweight materials, and increasing demand for high-performance...
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According to a market report by Lucintel, the future of the global 6G market looks promising with opportunities in the agriculture, automotive, educational and entertainment, health, manufacturing, and public safety markets. The global 6G market is expected to reach an estimated $59.3 billion by 2030 with a CAGR of 43.2% from 2024 to 2030. The major drivers for this market are growing usage of iot devices and rising demand for seamless connectivity. A more than 150-page report to understand...
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According to a market report by Lucintel, the future of the global 5G fixed wireless access market looks promising with opportunities in the residential, commercial, industrial, and government markets. The global 5G fixed wireless access market is expected to reach an estimated $238.8 billion by 2030 from $38.8 billion in 2024, at a CAGR of 35.4% from 2024 to 2030. The major drivers for this market are growing demand for high-speed internet access, greater use of cutting-edge technology in 5G fixed...
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According to the recent study the composites in the global aerospace interior market is projected to reach an estimated $688.0 million by 2030 from $505.9 million in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily driven by increasing deliveries of aircraft and the demand for lightweight materials. Browse 127 figures / charts and 93 tables in this 158 -page report to understand trends, opportunities and forecast in composites in the global aerospace interior market by...
