Composite Tooling Market is Projected to reach USD 983.3 Million by 2034; Rising Investment in Next-gen Aircraft drives Demand: Report by TMR [Yahoo! Finance]
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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Source: Yahoo! Finance
Composite tooling is crucial for manufacturing advanced aerospace components. Wilmington, Delaware, United States, Transparency Market Research. Inc. , July 02, 2024 (GLOBE NEWSWIRE) -- The composite tooling market was projected to attain US$ 528.0 million in 2023. It is likely to garner a 5.8% CAGR from 2024 to 2034, and by 2034, the market is expected to attain US$ 983.3 million Integration of automation and digital technologies, such as 3D printing and Industry 4.0, in composite tooling is a significant trend, enabling more precise and efficient production processes. Development and use of new composite materials, such as carbon fiber-reinforced composites, which offer superior performance characteristics, are on the rise. The development of hybrid tooling solutions that combine traditional and composite materials to leverage the benefits of both can open new avenues for growth. Industries such as automotive and aerospace are increasingly focused on lightweighting initiatives
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News
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at Stifel Nicolaus from $86.00 to $84.00. They now have a "buy" rating on the stock.MarketBeat
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at UBS Group AG from $73.00 to $71.00. They now have a "neutral" rating on the stock.MarketBeat
- Hexcel Schedules Second Quarter 2024 Earnings Release and Conference CallBusiness Wire
- These 3 Stocks Are Down in 2024, but Look Set for a Spectacular Recovery in the Second Half [Yahoo! Finance]Yahoo! Finance
- 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
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