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Articles By roy almaguer

Lucintel Anticipates Natural Fiber Composites Market To Grow At A Cagr Of 11.2% During 2014-2019   By: roy almaguer
Natural fiber composites market is expected to grow at a CAGR of 11.2% during 2014-2019. The major drivers of natural fiber composites market are increasing penetration of natural fiber composites materials in automotive industry to take advantage of light weight, recyclability, sound insulation, and encouragement from various governments to market bio-composites product to protect human health and environment. Increasing demand from building and construction, and electrical/electronic industries are also driving the natural fiber composites market.(read entire article)
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Category : Business

Lucintel : Increasing Demand Of Lightweight Materials To Drive The Automotive Plastics Industry   By: roy almaguer
The global automotive plastics industry is expected to reach an estimated value of $22.2 billion by 2019. The major drivers of automotive plastics industry are the increasing demand of lightweight materials, government regulations, and improvements in vehicle design. Asia Pacific is the leading region in global automotive plastics industry with strong growth in the vehicle production. Increasing utilization of automotive plastics in vehicle designs and revival in vehicle production will boost the demand for automotive plastics. Growing demand of vehicles from emerging economies such as China, India, and the Latin American countries will further drive the industry.(read entire article)
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Category : Business

Lucintel Anticipates Global Shampoo Market To Reach $25.73 Billion By 2019   By: roy almaguer
The global shampoo market is expected to reach an estimated value of $25.73 billion by 2019. The major drivers of the shampoo market are increasing per capita income, product innovation, emerging grooming sector for men, and increasing demand for natural and organic hair shampoos. Herbal shampoo segment depicted the highest growth rate among all four segments in 2013. Increasing consumer awareness on the benefits of natural and organic hair care products and increasing pollution will further drive this market. Low penetration and growing demand of herbal shampoo in emerging economies such as China, India, and the Middle East countries will further boost the market.(read entire article)
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Category : Business

Lucintel Anticipates Global Phenolic Resin Market To Reach $13.3 Billion By 2019   By: roy almaguer
The global phenolic resin market is expected to reach an estimated value of $13.3 billion by 2019. The major drivers of phenolic resin market are increasing use of fire retardant materials in automotive, construction and aerospace industry. Phenolic resin is being used in various parts in an automotive vehicle such as power train, brake, fuel system, air supply system and cooling system. Growing demand of phenolic resins from automotive sector will drive this industry. Increasing penetration of phenolic resin in thermal insulation products driven by the legislations imposed by many countries and regional organizations for energy efficient buildings is also fueling the demand for phenolic resins in construction industry. Increasing use of composites based on phenolic resins, in mass transit, marine, and aerospace industry will further drive this market.(read entire article)
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Category : Business

Lucintel Anticipates Market For Adhesives In Global Composites Market To Reach $1,170 Million   By: roy almaguer
Adhesives in global composites market is expected to reach an estimated value of $1,170 million by 2019. The major drivers for adhesives in composites market are growth in end user industry such as automotive, aerospace, and wind energy industry, and increasing penetration of composite materials in those industries. Development of new passenger cars, light commercial vehicles, and new aircraft programs with high penetration of composite materials will drive the demand for adhesives in composites industry. APAC is the largest region in terms of demand for adhesives in composites industry and depicted highest growth rate during the last five years (2008-2013).(read entire article)
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Category : Business

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