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Automotive composites market to hit $71.21B by 2034, driven by EV demand and lightweight materials.

Market News
03 Jul 2026
The Insight Partners
View Source
Bullish
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The global automotive composites market is projected to grow from $29.13 billion in 2025 to $71.21 billion by 2034, at a CAGR of 10.4%. Growth is fueled by increasing demand for lightweight, fuel-efficient vehicles, especially electric and premium cars, which use composites like carbon fiber and glass fiber to reduce weight and improve performance. Asia Pacific leads the market, with China and India as key players. Challenges include high material costs, but innovations and sustainability trends support continued expansion.

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Thermal energy storage emerges as a key trillion-dollar market in clean energy transition by storing heat efficiently.

Thermal energy storage emerges as a key trillion-dollar market in clean energy transition by storing heat efficiently.

Thermal energy storage (TES) is rapidly growing as a crucial technology in the clean energy transition, enabling cost-effective heat storage to decarbonize industries and improve grid flexibility. The global TES market is expanding due to rising dema...

Market News
Bullish
1 hour ago
Global bioplastics market set for rapid growth through 2036 driven by sustainability and innovation

Global bioplastics market set for rapid growth through 2036 driven by sustainability and innovation

The global bioplastics market is projected to grow significantly by 2036, fueled by rising environmental concerns, stricter regulations, and technological advances. Bio-based polymers, both biodegradable and non-biodegradable, are expanding as indust...

Market News
Bullish
1 hour ago
Investec Bank discloses equal purchase and sale of 45,000 Gamma Communications shares on July 2, 2026

Investec Bank discloses equal purchase and sale of 45,000 Gamma Communications shares on July 2, 2026

Investec Bank plc, acting as joint broker to Gamma Communications Plc, disclosed transactions involving 45,000 ordinary shares purchased and sold on July 2, 2026. The share prices ranged between 852 and 868.5 per unit. There were no derivative transa...

Market News
Neutral
1 hour ago
Investec Bank discloses share trades in Advanced Medical Solutions Group on July 2, 2026

Investec Bank discloses share trades in Advanced Medical Solutions Group on July 2, 2026

Investec Bank plc, acting as advisor and joint broker to Advanced Medical Solutions Group Plc, disclosed public dealings under the Takeover Code on July 2, 2026. The bank purchased 1,975,000 ordinary shares at prices between 280.25 and 281 pence, and...

Market News
Neutral
1 hour ago
Molecular biology enzymes and kits market to hit $70.85B by 2035, driven by genomics and diagnostics growth

Molecular biology enzymes and kits market to hit $70.85B by 2035, driven by genomics and diagnostics growth

The global molecular biology enzymes, reagents, and kits market is projected to grow from $27.69 billion in 2025 to $70.85 billion by 2035, at a CAGR of 9.68%. Growth is fueled by rising use of molecular diagnostics, genomics research, and precision ...

Market News
Bullish
1 hour ago
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