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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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All car manufacturers seem to be following in the same footsteps as Tesla. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index.

Supplies 380
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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Manufacturing the additional 2.7 Global investment in technologies to help the energy transition reached a record $1.3

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Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015

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The challenges for Li-ion battery manufacturers that will enable more PEVs to be sold are to improve energy densities, reduce charging times, increase cycle life, and reduce the cost per kWh. Pike forecasts that China will likely succeed Japan as the leader in global automotive Li-ion battery production by 2015.

Li-ion 323
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Lancet Commission report estimates pollution responsible for 9 million premature deaths globally in 2015; 16% of deaths

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Pollution is the largest environmental cause of disease and premature death in the world today, according to the newly released report detailing the adverse effects of pollution on global health by the The Lancet Commission on Pollution and Health. of global economic output. Chemical pollution is a great and growing global problem.

Pollution 186
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4%

2015 150
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Navigant expects global market for automotive Li-ion batteries to hit $30.6 billion in 2024; almost 4x 2015 market

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In a new report, Navigant Research forecasts the global market for Li-ion batteries in light duty and medium/heavy duty vehicles will almost quadruple from $7.8 billion in 2015 to $30.6 GWh in 2015 to 93.1 billion in 2024. GWh in 2024—a compound annual growth rate (CAGR) of 21.7%.

Li-ion 150
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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

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BASF now has the worldwide distribution rights for RheoFalt smart additives to modify asphalt and bitumen manufactured by the Netherlands-based company Ventraco. Since 2015, Ventraco has been conducting research at its Innovation Center to optimize existing solutions and develop new ones.

Global 397