SteelZero, a global initiative aimed at driving market demand for net zero steel, launched recently with support from eight major steel buyers and specifiers from across sectors (including construction and renewable energy). This marks the beginning of a significant global business push for clean steel.
New aerospace fasteners’ market research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads. The aerospace fasteners market will grow by US$ 2.51 billion from 2020-2024, according to the analyst. The aerospace fasteners market is expected to post a year-over-year growth rate of 5.89%. Around 36% of growth will originate from the North America region.
Image caption above: Lutz Meschke, Deputy Chairman and Member of the Executive Board responsible for Finance and IT at Porsche AG.
The global fibre laser market size is poised to grow by US$ 8.33 billion during 2020-2024, progressing at a CAGR of over 11% throughout the forecast period, according to the latest report by analyst, Technavio. The report offers up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.