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Steve Blade 2020-07-13

Although it is not often the first thing that comes to mind when one thinks of an office, no office is complete without desks, chairs, and a water cooler.

Though office furniture seems to have remained more or less unchanged in the last twenty years, there has been a great deal of innovation and growth in the office furniture market.

Standing desks, for instance, are a relatively new fixture in offices and are perfect for those who prefer not to sit for extended periods of time for health or comfort reasons.

Some of the leading office furniture companies in the world are from the United States in Steelcase, Herman Miller, and Haworth.

The United States exported about 168.6 million U.S. dollars of wooden furniture and 215 million U.S. dollars of metal furniture in 2018.How could United States Office Furniture Market address the COVID-19 concern?Due to this global pandemic, people are advised to stay home and work from home if needed, this increases the sudden demand for the office furniture during this pandemic.

“One area where we are selling pretty well compared to others is office furniture, People are working from home and they have identified needs in their homes for it.” said Henrik Elm, global supply manager at brand owner Inter IKEA Group.

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Steve Blade 2020-07-13

Meat & poultry is a major segment of processed food where processed meat is produced by meat products from animal fat and muscle meat.

Wide consumption of meat is driving the demand of processed meat globally.

Rising population and increasing disposable income in emerging economies such as Latin American and Asia Pacific is bolstering the global processed meat market.Pork is one of the most consumed red meat that is often consumed unprocessed.

In 2018, the per capita consumption of pork in the United States was 23.049 kg/capita.

However, China held the leading position, with 30.438 kg/capita in the same year.There is a projected increase in global meat consumption, including a doubling in the consumption of poultry, a 69% increase in beef, and a 42% increase in pork.

For instance, in 2016, Siniora Food Industries acquired Diamond Meat Processing a UAE based company for USD 12 million.

collect
0
Steve Blade 2020-07-13

Smart cities use technology to augment their urban services—transportation, utilities and energy—to improve efficiency, reduce wastage and operate more sustainably.

The United Nations has initiated the United Smart Cities programme to develop and scale up the concept.

Over 500 Chinese cities began their transition to a smart city last year.

The government of India, too, launched the Smart Cities Mission to develop 100 Indian cities to be sustainable and citizen friendly.The 2017 Smart Cities Index used ‘transport and mobility’ as one of the critical parameters in its ranking of cities.

In India today, for example, only 20 cities with populations of over 500,000 have organised public transport systems, pointing to the large gap to be bridged in their journey to turn smart.In March 2019, Siemens upgraded its smart transportation product portfolio.

This Siemens Mobility innovation supplies trucks with power from an overhead contact line.In 2019 Cisco and Dimension Data announced a new co-innovation agreement, to develop a deeper collaboration environment and framework to jointly solve clients’ business needs.In 2018, the market of Smart Transportation market revenue has been fragmented by the top five players accounting for 52% of the share.How Could Global Smart Transportation Market Addresses The COVID-19 Concerns?In December 2019, reports began to emerge of an outbreak of a new respiratory disease caused by a novel coronavirus (COVID-19) from Wuhan, China.

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Steve Blade 2020-07-09

The world is rapidly moving towards building a cashless economy and rapidly adopting credit cards, debit cards and online transactions to minimize the physical cash transaction.

Secure payment systems help in the development of world economy; thus, all countries are encouraging the adoption of convenient, secure and affordable payment systems.Countries such as Singapore, the Netherlands, France, Sweden and Canada are among the top countries with cashless transactions.

However, government steps towards cash less society is expected to bring positive opportunities for point of sale (POS) terminals market.

In 2016, cashless transaction volume grew by nearly 11% to reach over USD 430 billion.Encouragement towards digital and enhanced payment systems with better security measures are propelling the growth of non-cash transaction and thereby resulting in the demand for POS terminals.

Over 20 billion credit cards, debit cards and prepaid cards worldwide are present in 2016 which is expected to reach over 26 billion during the forecast period.Booming retail and hospitality sector are supporting the ongoing demand for POS terminals market.

Furthermore, the flexibility of having a smartphone- or tablet-based POS, due to low installation costs, has attracted small and medium-sized businesses (SMBs) to invest in mPOS system.How Could Global POS (Point of Sales) Terminals Market address COVID-19 concern?As part of the COVID-19 outbreak, central banks have resorted to quarantining physical bills and some are even going so far as to burn banknotes.

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0
Steve Blade 2020-07-13

The expanding automotive industry across the world, even penetrating to the emerging economies is boosting the demand in tire industry.

With the varied size & load of truck & bus there is varied demand & supply of radial tires.Bridgestone has invested a sum of USD 12 million in its Bloomington, Illinois plant, to expand the production of tires.

The tire sizes to be produced are 29, 33, and 35 inches, and have been in production only in Japan.

Goodyear is the third largest tire company globally.

It was last reported to employ 64,000 people and manufactures its products in 48 facilities in 22 countries around the world.

But it has lost 31.8% of its market cap since the start of 2020.TBR tire are primarily designed for the truck & bus which are more than 21 ft. in size & more than 10,000 lbs.

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Steve Blade 2020-07-13

Technological improvement over the year has contributed immensely to the enhancement of quality of life through various new products and services.

Pre-engineered Buildings (PEB) is highly renowned as a versatile technology or construction method that consents promising, cost-effective and affordable construction solutions.Pre-engineered buildings are widely used for the construction of industrial and residential buildings, where the construction is 40% faster than traditional structures.

Steel structure also saves time and cost in groundwork and steel columns can be 85% smaller than equivalent RCC columns.An estimated 70% of all new commercial buildings in the US are pre-engineered.

There is really no dispute in the fact that pre-engineered building systems are the new wave in construction.The booming e-commerce industry in Asian countries such as China and India have boosted the growth of warehouse spaces, which is anticipated to further fuel the pre-engineered buildings market.The Kirby Building company is the largest pre-engineered steel building companies in the world, and it is a 100% subsidiary of Kuwait- based multinational and multi-billion-dollar business conglomerate – Alghanim Industries.

The COVID-19 pandemic and its attendant effect on markets and commercial activity will likely present a range of challenges to the engineering and construction (E) industry — challenges that could deepen depending on the severity and length of the crisis in the US and globally.

Further, possible supply chain bottlenecks of equipment and materials — including structural steel and glass from Asia — could cause project delays in currently funded projects, or reduced spending on future ones.Nearly 30% of imported construction materials in the US comes from China.

collect
0
Steve Blade 2020-07-13

Processed seafood has been growing since past many years, but with the technology advancement seafood processing is refined and has increase shelf life.

The seafood obtained through wide fish farming sector raised by aquaculture or re-circulating tanks or obtained from freshwater lakes, rivers and ocean waters.The per capita consumption of the processed seafood stood at 21.7 kg in 2017 contributed by major countries such as China, U.S.A., and more.

Aquaculture is growing at a rate of 8.6% annually and has positive impact on the processed seafood market from the supply of shrimp, fishes, shellfish, etc.

Instead of seafood consumption limited to regions having fish cultivation, the developed transportation services have extended the supply of processed seafood to far away countries in the developed nations.

There are 385 major fish processing sites in Europe, and it has decreased by 32.1% over the past decade, on account of the environmental concerns on the fish culture.There is a rising trend of innovating new methods of fishing and its processing, in order to meet the large demand of protein rich seafood all over the world.

The event Fish 2.0 has helped the fishing industry to rebuild the capacity and grow sustainable seafood sector.The major driving factor for the growth of processed seafood market is the inclination of the people towards protein rich and ready-to-eat food in their diet.

collect
0
Steve Blade 2020-07-09

Built-in appliances are meant for HNI (High net worth individuals) customers and come with a premium pricing.

Consumer durables major players like Whirlpool, LG, Electrolux, Samsung, BSH, etc are looking to double the business from the built-in appliances space.

Major players have tied-up with real estate players like DLF through which they are able to provide the appliance solutions to their customer.Built-in major domestic appliances (MDAs) like built-in cookers/stoves, hobs, dish washers, freezers, microwaves, tumble dryers and washing machines were the pacemaker in global domestic appliance sales growth in the market in 2017.

Taking almost USD 1 of every USD 4 spent, sales of built-in MDAs increased 3.61%.

Without the contribution of built-in, the global MDA market would not have grown at all in 2016.

Apart from China, Qatar, Turkey & UAE are the most dynamic geographic markets for built-in products.Qatar & UAE is dominated by Western manufacturers and a large market for replacement products is emerging.

collect
0
Steve Blade 2020-07-13

Consumer durables major players like Whirlpool, LG, Electrolux, Samsung, BSH, etc are looking to double the business from the built-in appliances space.

Major players have tied-up with real estate players like DLF through which they are able to provide the appliance solutions to their customer.Built-in major domestic appliances (MDAs) like built-in cookers/stoves, hobs, dish washers, freezers, microwaves, tumble dryers and washing machines were the pacemaker in global domestic appliance sales growth in the market in 2017.

Taking almost USD 1 of every USD 4 spent, sales of built-in MDAs increased 3.61%.

Without the contribution of built-in, the global MDA market would not have grown at all in 2016.

Apart from China, Qatar, Turkey & UAE are the most dynamic geographic markets for built-in products.Qatar & UAE is dominated by Western manufacturers and a large market for replacement products is emerging.

The Middle East offers a base for regional manufacturing but is impacted by political uncertainty.

collect
0
Steve Blade 2020-07-13

Social media analytics is a business tool to gather and analyze the data from social media websites in order to analyze the customer sentiments and market scenario supporting the marketing activities and business decisions.

Data mining is based on the business objective such as increasing revenues, reducing service costs and product and services feedback.The growing artificial intelligence (AI) and machine learning have enhanced the social media analytics to quantify the free text and unstructured data.

Such technological developments are driving the growth of global social media analytics market.As the data shared by Facebook, it had 1,562 million active users daily, as of the first quarter of 2019.

Further, Twitter shared that 500 million Tweets are sent each day and 9% more people are using Twitter every day, reinstating the growing penetration of social media networks at a global level.Many social networks like Facebook, have realized the importance of targeted advertising that they are offering through paid solutions to businesses, wherein location, demographics, and end-device information of consumers are made available for businesses to reach out to the targeted section of consumers.

According to HubSpot, a developer and marketer of software products for inbound marketing and sales, marketers increased social advertisement budgets by 32% in 2018, leading to the production of more ads than ever before.In 2019, more brands may strengthen their online customer service practices and even move to new platforms that may potentially offer more effective technology for customer service to thrive online, such as WhatsApp and Messenger.

The release of the WhatsApp business API in August 2018 may continue to be a total game-changer in the industry.

collect
0
Steve Blade 2020-07-09

Processed seafood has been growing since past many years, but with the technology advancement seafood processing is refined and has increase shelf life.

The seafood obtained through wide fish farming sector raised by aquaculture or re-circulating tanks or obtained from freshwater lakes, rivers and ocean waters.The per capita consumption of the processed seafood stood at 21.7 kg in 2017 contributed by major countries such as China, U.S.A., and more.

Aquaculture is growing at a rate of 8.6% annually and has positive impact on the processed seafood market from the supply of shrimp, fishes, shellfish, etc.

Instead of seafood consumption limited to regions having fish cultivation, the developed transportation services have extended the supply of processed seafood to far away countries in the developed nations.

There are 385 major fish processing sites in Europe, and it has decreased by 32.1% over the past decade, on account of the environmental concerns on the fish culture.There is a rising trend of innovating new methods of fishing and its processing, in order to meet the large demand of protein rich seafood all over the world.

The event Fish 2.0 has helped the fishing industry to rebuild the capacity and grow sustainable seafood sector.The major driving factor for the growth of processed seafood market is the inclination of the people towards protein rich and ready-to-eat food in their diet.

collect
0
Steve Blade 2020-07-09

Technological improvement over the year has contributed immensely to the enhancement of quality of life through various new products and services.

One such revolution was the pre–engineered buildings.

Pre-engineered Buildings (PEB) is highly renowned as a versatile technology or construction method that consents promising, cost-effective and affordable construction solutions.Pre-engineered buildings are widely used for the construction of industrial and residential buildings, where the construction is 40% faster than traditional structures.

Steel structure also saves time and cost in groundwork and steel columns can be 85% smaller than equivalent RCC columns.An estimated 70% of all new commercial buildings in the US are pre-engineered.

There is really no dispute in the fact that pre-engineered building systems are the new wave in construction.The booming e-commerce industry in Asian countries such as China and India have boosted the growth of warehouse spaces, which is anticipated to further fuel the pre-engineered buildings market.The Kirby Building company is the largest pre-engineered steel building companies in the world, and it is a 100% subsidiary of Kuwait- based multinational and multi-billion-dollar business conglomerate – Alghanim Industries.

In addition, it is one of the largest privately-owned companies in the Middle East.

collect
0
Steve Blade 2020-07-13

Dietary supplements comprise ingredients such as proteins, minerals, vitamins and enzymes that assure the body to get enough vital nutrients that are required for functioning and help in reducing the risk of diseases.

Dietary supplements market witnessed major growth with nearly USD 14.0 billon spending over dietary supplements to treat various conditions such as arthritis, diabetes, obesity and immune system problems.Rising e-commerce trends made the retailers to focus their sales on online platforms by listing of various dietary products and better online education.

Thus, growth in e-commerce business is one of the key factors driving the growth of global dietary supplements market.Milk protein was the protein ingredient used by the largest share of protein product powders sold in Europe in 2018, with an estimated 23 percent of the market.

In 2018, there was also a shift away from protein concentrate, with both whey protein concentrates and milk protein concentrate seeing declines in market share.In contrast, dietary proteins and protein isolate recorded an increase in market share in 2018, as soy protein isolate alone increased its market share from 9 percent in 2017 to an estimated 11.7 percent in 2018.

In 2018, the global whey protein market was valued at approximately 9.97 billion U.S. dollars and is forecast to reach 15.4 billion U.S. dollars by 2024.

Further, Calcium-based dietary supplements are the most in demand supplements driven by the women population, arthritis cases, osteoarthritis and other bone and joint related diseases.How could Global Powder Dietary Supplements Market Address the COVID-19 Concern?Food and supplement firms aid COVID-19 relief efforts.

collect
0
Steve Blade 2020-07-13

Social media analytics is a tool largely used by different businesses to gather and analyze the data from social media websites in order to analyze the market scenario and customer sentiments, to support the marketing activities and business decisions.

Data analysis is based on the business objective such as customer segmentation, reducing service costs, increasing revenues and product and services feedback.

The growth in development of artificial intelligence (AI), data mining and machine learning have improved the social media analytics to quantify the free text and unstructured data available.

Twitter was ranked second with 24.08 percent of all U.S. social media site visits.

Social networking is one of the most popular internet activities in North America, particularly in the United States.

Thus, it provides more accurate data to the businesses.

collect
0
Steve Blade 2020-07-09

“The future of pharma is about embracing technology and a much broader definition of  medicines’, which includes greater focus on prevention (driven by the growth of personal diagnostics via smart devices), digital health and digital medicines / therapeutics (for example, use of cognitive behavioural therapy chatbots for managing depression or apps that help diabetes patients monitor and manage their blood sugar levels).

Smart pharma companies are making moves into these spaces to build partnerships with external players and internal capabilities.” said Paul Tunnah, founder and CEO of Pharmaphorum Filters are mostly utilized in the production of active pharmaceutical ingredients (API) which are small molecule drugs.

mouthwash, cough and intestinal medicine, in order to maintain the biological stability, use pharmaceutical filters.

Biopharmaceuticals generate global revenues of USD 163 billion, making up about 20% of the pharma market.

The pharmaceutical industry's lifeblood is R On average, pharmaceutical companies spend 17% of revenues on research and development (R).

Pharmaceutical companies are heavily reliant on research and development as their success is contingent on the development of new products.

collect
0
Steve Blade 2020-07-09

Meat & poultry is a major segment of processed food where processed meat is produced by meat products from animal fat and muscle meat.

Wide consumption of meat is driving the demand of processed meat globally.

Rising population and increasing disposable income in emerging economies such as Latin American and Asia Pacific is bolstering the global processed meat market.Pork is one of the most consumed red meat that is often consumed unprocessed.

In 2018, the per capita consumption of pork in the United States was 23.049 kg/capita.

However, China held the leading position, with 30.438 kg/capita in the same year.There is a projected increase in global meat consumption, including a doubling in the consumption of poultry, a 69% increase in beef, and a 42% increase in pork.

For instance, in 2016, Siniora Food Industries acquired Diamond Meat Processing a UAE based company for USD 12 million.

collect
0
Steve Blade 2020-07-13

Although it is not often the first thing that comes to mind when one thinks of an office, no office is complete without desks, chairs, and a water cooler.

Though office furniture seems to have remained more or less unchanged in the last twenty years, there has been a great deal of innovation and growth in the office furniture market.

Standing desks, for instance, are a relatively new fixture in offices and are perfect for those who prefer not to sit for extended periods of time for health or comfort reasons.

Some of the leading office furniture companies in the world are from the United States in Steelcase, Herman Miller, and Haworth.

The United States exported about 168.6 million U.S. dollars of wooden furniture and 215 million U.S. dollars of metal furniture in 2018.How could United States Office Furniture Market address the COVID-19 concern?Due to this global pandemic, people are advised to stay home and work from home if needed, this increases the sudden demand for the office furniture during this pandemic.

“One area where we are selling pretty well compared to others is office furniture, People are working from home and they have identified needs in their homes for it.” said Henrik Elm, global supply manager at brand owner Inter IKEA Group.

Steve Blade 2020-07-13

Consumer durables major players like Whirlpool, LG, Electrolux, Samsung, BSH, etc are looking to double the business from the built-in appliances space.

Major players have tied-up with real estate players like DLF through which they are able to provide the appliance solutions to their customer.Built-in major domestic appliances (MDAs) like built-in cookers/stoves, hobs, dish washers, freezers, microwaves, tumble dryers and washing machines were the pacemaker in global domestic appliance sales growth in the market in 2017.

Taking almost USD 1 of every USD 4 spent, sales of built-in MDAs increased 3.61%.

Without the contribution of built-in, the global MDA market would not have grown at all in 2016.

Apart from China, Qatar, Turkey & UAE are the most dynamic geographic markets for built-in products.Qatar & UAE is dominated by Western manufacturers and a large market for replacement products is emerging.

The Middle East offers a base for regional manufacturing but is impacted by political uncertainty.

Steve Blade 2020-07-13

Meat & poultry is a major segment of processed food where processed meat is produced by meat products from animal fat and muscle meat.

Wide consumption of meat is driving the demand of processed meat globally.

Rising population and increasing disposable income in emerging economies such as Latin American and Asia Pacific is bolstering the global processed meat market.Pork is one of the most consumed red meat that is often consumed unprocessed.

In 2018, the per capita consumption of pork in the United States was 23.049 kg/capita.

However, China held the leading position, with 30.438 kg/capita in the same year.There is a projected increase in global meat consumption, including a doubling in the consumption of poultry, a 69% increase in beef, and a 42% increase in pork.

For instance, in 2016, Siniora Food Industries acquired Diamond Meat Processing a UAE based company for USD 12 million.

Steve Blade 2020-07-13

Social media analytics is a business tool to gather and analyze the data from social media websites in order to analyze the customer sentiments and market scenario supporting the marketing activities and business decisions.

Data mining is based on the business objective such as increasing revenues, reducing service costs and product and services feedback.The growing artificial intelligence (AI) and machine learning have enhanced the social media analytics to quantify the free text and unstructured data.

Such technological developments are driving the growth of global social media analytics market.As the data shared by Facebook, it had 1,562 million active users daily, as of the first quarter of 2019.

Further, Twitter shared that 500 million Tweets are sent each day and 9% more people are using Twitter every day, reinstating the growing penetration of social media networks at a global level.Many social networks like Facebook, have realized the importance of targeted advertising that they are offering through paid solutions to businesses, wherein location, demographics, and end-device information of consumers are made available for businesses to reach out to the targeted section of consumers.

According to HubSpot, a developer and marketer of software products for inbound marketing and sales, marketers increased social advertisement budgets by 32% in 2018, leading to the production of more ads than ever before.In 2019, more brands may strengthen their online customer service practices and even move to new platforms that may potentially offer more effective technology for customer service to thrive online, such as WhatsApp and Messenger.

The release of the WhatsApp business API in August 2018 may continue to be a total game-changer in the industry.

Steve Blade 2020-07-13

Smart cities use technology to augment their urban services—transportation, utilities and energy—to improve efficiency, reduce wastage and operate more sustainably.

The United Nations has initiated the United Smart Cities programme to develop and scale up the concept.

Over 500 Chinese cities began their transition to a smart city last year.

The government of India, too, launched the Smart Cities Mission to develop 100 Indian cities to be sustainable and citizen friendly.The 2017 Smart Cities Index used ‘transport and mobility’ as one of the critical parameters in its ranking of cities.

In India today, for example, only 20 cities with populations of over 500,000 have organised public transport systems, pointing to the large gap to be bridged in their journey to turn smart.In March 2019, Siemens upgraded its smart transportation product portfolio.

This Siemens Mobility innovation supplies trucks with power from an overhead contact line.In 2019 Cisco and Dimension Data announced a new co-innovation agreement, to develop a deeper collaboration environment and framework to jointly solve clients’ business needs.In 2018, the market of Smart Transportation market revenue has been fragmented by the top five players accounting for 52% of the share.How Could Global Smart Transportation Market Addresses The COVID-19 Concerns?In December 2019, reports began to emerge of an outbreak of a new respiratory disease caused by a novel coronavirus (COVID-19) from Wuhan, China.

Steve Blade 2020-07-09

Processed seafood has been growing since past many years, but with the technology advancement seafood processing is refined and has increase shelf life.

The seafood obtained through wide fish farming sector raised by aquaculture or re-circulating tanks or obtained from freshwater lakes, rivers and ocean waters.The per capita consumption of the processed seafood stood at 21.7 kg in 2017 contributed by major countries such as China, U.S.A., and more.

Aquaculture is growing at a rate of 8.6% annually and has positive impact on the processed seafood market from the supply of shrimp, fishes, shellfish, etc.

Instead of seafood consumption limited to regions having fish cultivation, the developed transportation services have extended the supply of processed seafood to far away countries in the developed nations.

There are 385 major fish processing sites in Europe, and it has decreased by 32.1% over the past decade, on account of the environmental concerns on the fish culture.There is a rising trend of innovating new methods of fishing and its processing, in order to meet the large demand of protein rich seafood all over the world.

The event Fish 2.0 has helped the fishing industry to rebuild the capacity and grow sustainable seafood sector.The major driving factor for the growth of processed seafood market is the inclination of the people towards protein rich and ready-to-eat food in their diet.

Steve Blade 2020-07-09

The world is rapidly moving towards building a cashless economy and rapidly adopting credit cards, debit cards and online transactions to minimize the physical cash transaction.

Secure payment systems help in the development of world economy; thus, all countries are encouraging the adoption of convenient, secure and affordable payment systems.Countries such as Singapore, the Netherlands, France, Sweden and Canada are among the top countries with cashless transactions.

However, government steps towards cash less society is expected to bring positive opportunities for point of sale (POS) terminals market.

In 2016, cashless transaction volume grew by nearly 11% to reach over USD 430 billion.Encouragement towards digital and enhanced payment systems with better security measures are propelling the growth of non-cash transaction and thereby resulting in the demand for POS terminals.

Over 20 billion credit cards, debit cards and prepaid cards worldwide are present in 2016 which is expected to reach over 26 billion during the forecast period.Booming retail and hospitality sector are supporting the ongoing demand for POS terminals market.

Furthermore, the flexibility of having a smartphone- or tablet-based POS, due to low installation costs, has attracted small and medium-sized businesses (SMBs) to invest in mPOS system.How Could Global POS (Point of Sales) Terminals Market address COVID-19 concern?As part of the COVID-19 outbreak, central banks have resorted to quarantining physical bills and some are even going so far as to burn banknotes.

Steve Blade 2020-07-09

Technological improvement over the year has contributed immensely to the enhancement of quality of life through various new products and services.

One such revolution was the pre–engineered buildings.

Pre-engineered Buildings (PEB) is highly renowned as a versatile technology or construction method that consents promising, cost-effective and affordable construction solutions.Pre-engineered buildings are widely used for the construction of industrial and residential buildings, where the construction is 40% faster than traditional structures.

Steel structure also saves time and cost in groundwork and steel columns can be 85% smaller than equivalent RCC columns.An estimated 70% of all new commercial buildings in the US are pre-engineered.

There is really no dispute in the fact that pre-engineered building systems are the new wave in construction.The booming e-commerce industry in Asian countries such as China and India have boosted the growth of warehouse spaces, which is anticipated to further fuel the pre-engineered buildings market.The Kirby Building company is the largest pre-engineered steel building companies in the world, and it is a 100% subsidiary of Kuwait- based multinational and multi-billion-dollar business conglomerate – Alghanim Industries.

In addition, it is one of the largest privately-owned companies in the Middle East.

Steve Blade 2020-07-13

The expanding automotive industry across the world, even penetrating to the emerging economies is boosting the demand in tire industry.

With the varied size & load of truck & bus there is varied demand & supply of radial tires.Bridgestone has invested a sum of USD 12 million in its Bloomington, Illinois plant, to expand the production of tires.

The tire sizes to be produced are 29, 33, and 35 inches, and have been in production only in Japan.

Goodyear is the third largest tire company globally.

It was last reported to employ 64,000 people and manufactures its products in 48 facilities in 22 countries around the world.

But it has lost 31.8% of its market cap since the start of 2020.TBR tire are primarily designed for the truck & bus which are more than 21 ft. in size & more than 10,000 lbs.

Steve Blade 2020-07-13

Dietary supplements comprise ingredients such as proteins, minerals, vitamins and enzymes that assure the body to get enough vital nutrients that are required for functioning and help in reducing the risk of diseases.

Dietary supplements market witnessed major growth with nearly USD 14.0 billon spending over dietary supplements to treat various conditions such as arthritis, diabetes, obesity and immune system problems.Rising e-commerce trends made the retailers to focus their sales on online platforms by listing of various dietary products and better online education.

Thus, growth in e-commerce business is one of the key factors driving the growth of global dietary supplements market.Milk protein was the protein ingredient used by the largest share of protein product powders sold in Europe in 2018, with an estimated 23 percent of the market.

In 2018, there was also a shift away from protein concentrate, with both whey protein concentrates and milk protein concentrate seeing declines in market share.In contrast, dietary proteins and protein isolate recorded an increase in market share in 2018, as soy protein isolate alone increased its market share from 9 percent in 2017 to an estimated 11.7 percent in 2018.

In 2018, the global whey protein market was valued at approximately 9.97 billion U.S. dollars and is forecast to reach 15.4 billion U.S. dollars by 2024.

Further, Calcium-based dietary supplements are the most in demand supplements driven by the women population, arthritis cases, osteoarthritis and other bone and joint related diseases.How could Global Powder Dietary Supplements Market Address the COVID-19 Concern?Food and supplement firms aid COVID-19 relief efforts.

Steve Blade 2020-07-13

Technological improvement over the year has contributed immensely to the enhancement of quality of life through various new products and services.

Pre-engineered Buildings (PEB) is highly renowned as a versatile technology or construction method that consents promising, cost-effective and affordable construction solutions.Pre-engineered buildings are widely used for the construction of industrial and residential buildings, where the construction is 40% faster than traditional structures.

Steel structure also saves time and cost in groundwork and steel columns can be 85% smaller than equivalent RCC columns.An estimated 70% of all new commercial buildings in the US are pre-engineered.

There is really no dispute in the fact that pre-engineered building systems are the new wave in construction.The booming e-commerce industry in Asian countries such as China and India have boosted the growth of warehouse spaces, which is anticipated to further fuel the pre-engineered buildings market.The Kirby Building company is the largest pre-engineered steel building companies in the world, and it is a 100% subsidiary of Kuwait- based multinational and multi-billion-dollar business conglomerate – Alghanim Industries.

The COVID-19 pandemic and its attendant effect on markets and commercial activity will likely present a range of challenges to the engineering and construction (E) industry — challenges that could deepen depending on the severity and length of the crisis in the US and globally.

Further, possible supply chain bottlenecks of equipment and materials — including structural steel and glass from Asia — could cause project delays in currently funded projects, or reduced spending on future ones.Nearly 30% of imported construction materials in the US comes from China.

Steve Blade 2020-07-13

Social media analytics is a tool largely used by different businesses to gather and analyze the data from social media websites in order to analyze the market scenario and customer sentiments, to support the marketing activities and business decisions.

Data analysis is based on the business objective such as customer segmentation, reducing service costs, increasing revenues and product and services feedback.

The growth in development of artificial intelligence (AI), data mining and machine learning have improved the social media analytics to quantify the free text and unstructured data available.

Twitter was ranked second with 24.08 percent of all U.S. social media site visits.

Social networking is one of the most popular internet activities in North America, particularly in the United States.

Thus, it provides more accurate data to the businesses.

Steve Blade 2020-07-13

Processed seafood has been growing since past many years, but with the technology advancement seafood processing is refined and has increase shelf life.

The seafood obtained through wide fish farming sector raised by aquaculture or re-circulating tanks or obtained from freshwater lakes, rivers and ocean waters.The per capita consumption of the processed seafood stood at 21.7 kg in 2017 contributed by major countries such as China, U.S.A., and more.

Aquaculture is growing at a rate of 8.6% annually and has positive impact on the processed seafood market from the supply of shrimp, fishes, shellfish, etc.

Instead of seafood consumption limited to regions having fish cultivation, the developed transportation services have extended the supply of processed seafood to far away countries in the developed nations.

There are 385 major fish processing sites in Europe, and it has decreased by 32.1% over the past decade, on account of the environmental concerns on the fish culture.There is a rising trend of innovating new methods of fishing and its processing, in order to meet the large demand of protein rich seafood all over the world.

The event Fish 2.0 has helped the fishing industry to rebuild the capacity and grow sustainable seafood sector.The major driving factor for the growth of processed seafood market is the inclination of the people towards protein rich and ready-to-eat food in their diet.

Steve Blade 2020-07-09

“The future of pharma is about embracing technology and a much broader definition of  medicines’, which includes greater focus on prevention (driven by the growth of personal diagnostics via smart devices), digital health and digital medicines / therapeutics (for example, use of cognitive behavioural therapy chatbots for managing depression or apps that help diabetes patients monitor and manage their blood sugar levels).

Smart pharma companies are making moves into these spaces to build partnerships with external players and internal capabilities.” said Paul Tunnah, founder and CEO of Pharmaphorum Filters are mostly utilized in the production of active pharmaceutical ingredients (API) which are small molecule drugs.

mouthwash, cough and intestinal medicine, in order to maintain the biological stability, use pharmaceutical filters.

Biopharmaceuticals generate global revenues of USD 163 billion, making up about 20% of the pharma market.

The pharmaceutical industry's lifeblood is R On average, pharmaceutical companies spend 17% of revenues on research and development (R).

Pharmaceutical companies are heavily reliant on research and development as their success is contingent on the development of new products.

Steve Blade 2020-07-09

Built-in appliances are meant for HNI (High net worth individuals) customers and come with a premium pricing.

Consumer durables major players like Whirlpool, LG, Electrolux, Samsung, BSH, etc are looking to double the business from the built-in appliances space.

Major players have tied-up with real estate players like DLF through which they are able to provide the appliance solutions to their customer.Built-in major domestic appliances (MDAs) like built-in cookers/stoves, hobs, dish washers, freezers, microwaves, tumble dryers and washing machines were the pacemaker in global domestic appliance sales growth in the market in 2017.

Taking almost USD 1 of every USD 4 spent, sales of built-in MDAs increased 3.61%.

Without the contribution of built-in, the global MDA market would not have grown at all in 2016.

Apart from China, Qatar, Turkey & UAE are the most dynamic geographic markets for built-in products.Qatar & UAE is dominated by Western manufacturers and a large market for replacement products is emerging.

Steve Blade 2020-07-09

Meat & poultry is a major segment of processed food where processed meat is produced by meat products from animal fat and muscle meat.

Wide consumption of meat is driving the demand of processed meat globally.

Rising population and increasing disposable income in emerging economies such as Latin American and Asia Pacific is bolstering the global processed meat market.Pork is one of the most consumed red meat that is often consumed unprocessed.

In 2018, the per capita consumption of pork in the United States was 23.049 kg/capita.

However, China held the leading position, with 30.438 kg/capita in the same year.There is a projected increase in global meat consumption, including a doubling in the consumption of poultry, a 69% increase in beef, and a 42% increase in pork.

For instance, in 2016, Siniora Food Industries acquired Diamond Meat Processing a UAE based company for USD 12 million.