As per a new report published by Global Market Insights Inc., the hot-melt adhesives market was estimated at U.S. $12.25 billion in 2021 and is projected to exceed $19.35 billion in revenue by 2028 — progressing at a CAGR of 7% from 2022 to 2028. There is a reason for this. Hot-melt adhesives have a long shelf life,…
Automotive fastener market revenue to hit $21.5 billion by 2028
The automotive fastener market is set to reach U.S. $21.5 billion by 2028, as reported in a research study by Global Market Insights Inc. The development of more versatile, universal fasteners is expected to boost the production statistics. Automotive fasteners are playing a major role in terms of new and specific applications, including the electrification of vehicles and…
Aerospace and defense C-class parts to cross $15.8 billion by 2027
According to the latest report by Global Market Insights, the market valuation of aerospace and defense C-class parts will cross the U.S. $15.8-billion mark by 2027. Commercial and military activities are significantly increasing in the aircraft industry, supporting the market growth during the forecasted timeframe. The aerospace and defense C-class parts market size was valued at…