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Stock impact report

Rail Composites Market Set to Surge with a 7.2% CAGR Through 2028, Driven by Technological Advancements in Manufacturing [Yahoo! Finance]

Emerson Electric Company (EMR) 
Last emerson electric company earnings: 4/21 06:55 am Check Earnings Report
US:NYSE Investor Relations: emerson.com/en-us/investors
Company Research Source: Yahoo! Finance
Fiber), Resin Type (Polyester, Phenolic, Epoxy, Vinyl Ester), Manufacturing Process (Lay-up, Injection Molding, Compression Molding, RTM), Application, & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. A comprehensive market analysis predicts a robust growth trajectory for the global rail composites market. Expected to ascend from USD 1.7 billion in 2023 to USD 2.4 billion by 2028, the market is estimated to thrive at a compound annual growth rate (CAGR) of 7.2% during the forecast period. Technological Advancements in Manufacturing The focus is set on the filament winding manufacturing process, anticipated to witness the highest CAGR within the rail composites sector. Automation and enhanced strength-to-weight ratio attributes are likely to fortify the adoption rate of this process, significantly contributing to market growth. Interior components within rail vehicles remain a significant application for composite materials, maintaining t Show less Read more
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