Glass Fiber in Global Automotive Composites Poised for Growth with Increasing Demand for Lightweight Vehicles [Yahoo! Finance]
Owens Corning Inc New (OC)
Last owens corning inc new earnings: 4/29 06:00 am
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Source: Yahoo! Finance
Growth Trajectory of Glass Fiber in Automotive Composites The global market for glass fiber in automotive composites is set to reach a projected value of $2.5 billion by 2030, expanding at a steady CAGR of 2.4% from 2023 to 2030. This growth is primarily driven by escalating automotive production and an augmented demand for lightweight and robust materials to adhere to strict government mandates aimed at enhancing fuel efficiency and reducing greenhouse gas emissions. The market is witnessing numerous opportunities across various applications including interiors, exteriors, powertrains, underbody systems, and electrical & electronics. Emerging Trends Shaping the Market The industry dynamics are being influenced by the development of high-performance glass fibers. As the automotive sector continues to evolve, the need for materials that offer durability and performance while reducing weight remains crucial. Glass fiber composites have emerged as a key material in this sector due
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- Carlyle Group Said is Mulling Options for Tamko, Including Sale [Yahoo! Finance]Yahoo! Finance
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- Owens Corning (OC) Q1 Earnings & Net Sales Beat, Stock Down [Yahoo! Finance]Yahoo! Finance
- Owens Corning (NYSE:OC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
OC
Earnings
- 4/24/24 - Beat
OC
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/15/24 - Form 8-K
- OC's page on the SEC website