The global market for large-format ceramic panels is projected to grow at a compound annual growth rate (CAGR) of nearly 15.7% by volume and 10.7% by value from 2017-2025.
Revenue for the third fiscal quarter was $900.8 million, up 20% compared to the previous year’s fiscal third quarter and exceeding consensus estimates.
Bauxite production was 14% higher than the first quarter of 2017, following recovery from severe weather conditions at Weipa, continued de-bottlenecking of capacity at Gove, and strong performances at Porto Trombetas and Sangaredi.
Increasing production of composites-rich commercial and regional aircraft, along with the development of new composite applications in different industries, are major growth drivers for the testing market in the composites industry.
The global composites testing market was reportedly valued at $1.2 billion in 2016 and is projected to witness a compound annual growth rate (CAGR) of 7.2% over the next five years to reach $1.9 billion in 2022.
The transaction includes a Jackson, Miss., production site, a clay mine in Aberdeen, Miss., and the mineral rights associated with a mine located in the Navajo Nation near Sanders, Ariz.
Builder confidence in the market for newly built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Vesuvius plc recently announced that Patrick André, president of the Flow Control division, will succeed François Wanecq as chief executive, effective September 1.
The global ceramic matrix composites (CMCs) market in aircraft engines offers an exceptional growth opportunity during the forecast period of 2017 to 2022.