Carbon Fiber in Wind Turbine Rotor Blade Market Set to Surpass Valuation of USD 15,903.7 Million By 2032 | Astute Analytica [Yahoo! Finance]
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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Source: Yahoo! Finance
Increased demand for renewable energy, technological advancements, and cost reductions drive growth, making carbon fiber indispensable for future sustainable energy solutions. New Delhi, June 24, 2024 (GLOBE NEWSWIRE) -- The global carbon fiber in wind turbine rotor blade market is projected to attain a market valuation of US$ 15,903.7 million by 2032, up from US$ 4,392.0 million in 2023 at a CAGR of 15.37% during the forecast period 2024–2032. As of mid-2024, the global landscape of wind energy reveals a remarkable proliferation of wind turbines, with an estimated 1.3 million units installed worldwide. It takes the total installed capacity beyond 1 TW in 2023. This rapid expansion underscores the industry's pivotal role in advancing renewable energy solutions to combat climate change. A significant driver behind this growth is the increasing demand for more efficient and durable materials in wind turbine construction, particularly carbon fiber for rotor blades. The demand for car
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News
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $70.00 to $68.00. They now have a "hold" rating on the stock.MarketBeat
- Hexcel Corporation's (HXL) Revenues And Earnings Fell Short Of Expectations [Yahoo! Finance]Yahoo! Finance
- $4 Billion Carbon Fiber Textiles Market Outlook, 2030: Trends, Opportunities and Competitive Analysis Featuring Saertex Group, Sigmatex, Vectoply, Chomarat, and BGF Industries [Yahoo! Finance]Yahoo! Finance
- Global Rail Composites Market Analysis 2024-2034: Ecological and Operational Enhancements Fuelling Expansion with Solvay, Hexcel, Toray Industries, Gurit, Teijin, 3A Composites, & Avient Dominating [Yahoo! Finance]Yahoo! Finance
- Hexcel Co. (NYSE: HXL) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $76.00 price target on the stock.MarketBeat
HXL
Earnings
- 4/22/24 - In-Line
HXL
Sec Filings
- 6/10/24 - Form SC
- 5/30/24 - Form SD
- 5/21/24 - Form 8-K
- HXL's page on the SEC website