The global hot-melt adhesives market is estimated to grow by U.S. $4,396.66 million by 2027, exhibiting a CAGR of 7.28%, according to Technavio. Hot melts are thermoplastic adhesives that are solid at-room temperature but become molten and fluid when heated. They’re widely used in various industries and applications for bonding, sealing, and assembling substrates. They’re also favored…
Adhesives and sealants market expected to grow to $17.33 billion by 2027
The adhesives and sealants market size is estimated to grow to U.S. $17.33 billion by 2027 at a CAGR of 4.75%. This is according to a new report from Technavio, a global technology research and advisory company., according to Technavio. The accelerated growth of the market is caused by various factors, including the growing demand for construction and…
Automotive fasteners market to grow by $8,379.8 million by 2027
The automotive fasteners market is estimated to increase by U.S. $8,379.8 million, growing at a CAGR of 8% between 2022 and 2027. This is according to a new report from Technavio, a global technology research and advisory company. However, the growth of the market depends on serval factors, including the cost advantages of using plastic…
Automotive fasteners market expected to grow significantly to 2027
The automotive fasteners market is estimated to increase by U.S. $8,379.8 million at a CAGR of 8% until 2027, as per a new report by Technavio. The growth of the market depends on serval factors, including the cost advantages of using plastic automotive fasteners, the growing popularity of structural blind fasteners, and the stringent regulations to…
Laser welding machine market expected to grow at CAGR of 4.73% to 2025
The laser welding machine market value is set to grow by U.S. $373.97 million, progressing at a CAGR of 4.73% from 2021 to 2025, as per the latest report by Technavio. The benefits of laser welding compared to conventional welding are driving the laser welding machine market growth. Although the requirement for skilled labor might somewhat impede…
Automotive fasteners market size to hit $6.02 billion by 2025
The growing popularity of lightweight fastener solutions is a trend in several industries, including the automotive fasteners market. Manufacturers are introducing lighter-weight solutions to improve the strength and performance of fasteners while decreasing the load of an application. The lightweight materials for vehicle applications are typically used in the body, chassis, interior, and powertrain components.…
Automotive fastener market to grow to $6.02 billion by 2025
The automotive fasteners market is set to grow by U.S. $6.02 billion, progressing at a CAGR of over 6% during 2021-2025. This is according to a new report from Technavio, a global market research company. Technavio’s Automotive Fasteners Market by Application and Geography provides an up-to-date analysis regarding the current market conditions for automotive fasteners, including…
Market for titanium aerospace fasteners expected to surge
The aerospace titanium fasteners market is projected to grow by U.S. $828.62 million, at a CAGR of over 6% during 2021-2025, per the latest market research report by Technavio. The report offers exclusive analysis on the market drivers, trends, challenges, and opportunities to be leveraged by stakeholders from the aerospace sector for making informed business and…
Adhesive tape industry expected to reach $17.02 billion by 2024
The adhesive tapes market is poised to grow by U.S. $7.02 billion between now and 2024, progressing at a CAGR of over 5% during the forecast period. This is according to a new report from Technavio, which offers market research reports covering more than 100 industries. The adhesive tapes market is, typically, segmented by materials —…
Industrial adhesives market expected to grow by $14.61 billion by 2024
The industrial adhesives market is predicted to grow by $14.61 billion during 2020-2024, according to Technavio, a global market research firm. The report offers a detailed analysis of the impact of COVID-19 pandemic on the online tutoring services market in the U.S. in optimistic, probable, and pessimistic forecast scenarios. This market is driven by industrial…
Technavio announces top 5 global hydraulic equipment vendors
Technavio has announced the top five leading vendors in its recent global hydraulic equipment market report. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period. Competitive vendor landscape According to the report, the global hydraulic equipment market is highly fragmented with the presence of […]
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