According to the recent study the Utility Pole Market is projected to reach an estimated $45.9 billion by 2028 from $36.4 billion in 2022, at a CAGR of 3.8% from 2023 to 2028. Growth in this market is primarily driven by increasing power generation capacity, growing transmission and distribution infrastructure, and replacement of aging networks.
Lucintel Forecasts Thermoplastic Unidirectional Tape Market to Reach $272.0 million by 2030
According to the recent study the thermoplastic unidirectional tape market is projected to reach an estimated $272.0 million by 2030 from $167.2 million in 2023, at a CAGR of 7.0% from 2023 to 2030. Growth in this market is primarily driven by increasing use of thermoplastic composites because it offers recyclability and processing benefits, such a
Lucintel Forecasts Recycled Carbon Fiber Market to Reach $103.0 million by 2030
According to the recent study the recycled carbon fiber market is projected to reach an estimated $103.0 million by 2030 from $59.2 million in 2023, at a CAGR of 8.0% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virg
Lucintel Forecasts Polypropylene (PP) Compound Market to Reach $15.0 billion by 2030
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 S
Lucintel Forecasts Bicycle Market to Reach $62.0 billion by 2030
According to the recent study the bicycle market is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily driven by raising fuel prices, government programs to build bicycle paths and roads, increasing health concerns/fitness consciousness, growing e