Automotive Composites Market Set to Surpass US$11.44 billion by 2024, With Innovation and Sustainability Driving Robust Growth [Yahoo! Finance]
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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Source: Yahoo! Finance
World revenue for the Automotive Composites Market is forecast to surpass US$11.44 billion in 2024, with strong revenue growth through to 2034. Rising Demand for Fuel-Efficient and Light-Weight Vehicles Driving Market Growth The market growth of automotive composites is being driven by an increasing demand for vehicles that prioritize both fuel efficiency and lightweight design. This surge in demand is a central catalyst behind the flourishing expansion of the automotive composites market. It is propelled by the automotive industry's ongoing commitment to finding solutions that enhance fuel efficiency, reduce emissions, and elevate overall vehicle performance. Automotive composites, known for their remarkable strength-to-weight ratio, have become instrumental in achieving these objectives. The necessity to reduce vehicle weight, directly impacting fuel consumption, makes automotive composites an appealing choice for manufacturers seeking innovative materials to construct lighter
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HXL
News
- Hexcel First Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]Yahoo! Finance
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at UBS Group AG from $77.00 to $73.00. They now have a "neutral" rating on the stock.MarketBeat
- Hexcel Corporation (NYSE:HXL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Earnings Update: Hexcel Corporation (NYSE:HXL) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts [Yahoo! Finance]Yahoo! Finance
- Hexcel's (HXL) Q1 Earnings Match Estimates, Sales Miss [Yahoo! Finance]Yahoo! Finance
HXL
Earnings
- 4/22/24 - In-Line
HXL
Sec Filings
- 4/22/24 - Form 10-Q
- 4/22/24 - Form 8-K
- 4/9/24 - Form DEFA14A
- HXL's page on the SEC website