The Sensitive Compartmented Information Facility market is expected to reach $7.54 billion by 2032, with a CAGR of 7.7%

 The Sensitive Compartmented Information Facility market is expected to reach $7.54 billion by 2032, with a CAGR of 7.7%.

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐬𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐜𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 7.7% 𝐟𝐫𝐨𝐦 2024 𝐭𝐨 2032, 𝐚𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐚 𝐧𝐞𝐰 𝐫𝐞𝐩𝐨𝐫𝐭 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡. 𝐓𝐡𝐞 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐯𝐞𝐚𝐥𝐬 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 4157.46 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2024 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 7542.52 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2032.

𝐒𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐂𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐫𝐨𝐟𝐢𝐥𝐞:
A sensitive compartmented information facility is an enduring or interim secure spot where confidential substances can be utilized, reserved, electronically processed, or conversed. A repository SCIF is a compact magnitude secure potential homogenous in motivation to a traditional SCIF, but it can be conveyed utilizing conventional procedures.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/sensitive-compartmented-information-facility-market/request-for-sample

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
Spearheading market contenders are also venturing into an assortment of deliberate activities to augment their global footprint with crucial market advancements involving contemporary product instigations, legitimate agreements, mergers and acquisitions, escalated funding, and alliances with alternate firms.

𝐓𝐡𝐞 𝐬𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐜𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:
• Balfour Beatty, Inc.
• Captor Corporation
• Clark Construction Group
• Lockheed Martin
• Honeywell International Inc.
• SCIF Global Technologies
• SCIF Solutions, Inc.
• Kratos Defense & Security Solutions, Inc.
• General Dynamics Information Technology, Inc.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/sensitive-compartmented-information-facility-market/request-for-discount-pricing

𝐀𝐭𝐭𝐫𝐢𝐛𝐮𝐭𝐞𝐬 𝐏𝐮𝐬𝐡𝐢𝐧𝐠 𝐒𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐂𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡:

𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭’𝐬 𝐄𝐬𝐜𝐚𝐥𝐚𝐭𝐢𝐧𝐠 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐁𝐮𝐝𝐠𝐞𝐭: The government’s escalated defense and reasoning disbursing as an answer to escalating geopolitical anxiety is pushing the demand for sensitive compartmented information facilities to manage confidential details firmly. Additionally, progressions in safe interaction arrangements, ciphering, and inspection technologies are pushing the potential of sensitive compartmented information facilities.

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐑𝐞𝐦𝐨𝐭𝐞 𝐖𝐨𝐫𝐤 𝐌𝐨𝐝𝐞𝐥𝐬: The growing aggregate of firms worldwide and the universal acquisition of distant work models is boosting market growth. Further, the growing consciousness of information safety is pushing the acquisition of SCIFs in private boroughs such as finance, healthcare and condemning framework.

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐂𝐲𝐛𝐞𝐫𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐞𝐧𝐚𝐜𝐞𝐬: The growing aggregate of cybersecurity menaces is propelling the market growth. For instance, the 2023 yearly data violation report underscored a 78% surge in data agreements in 2023 as contrasted to 2022, establishing a contemporary record for ITRC and constituting a 72% escalation from the former high in 2021.

𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐔𝐫𝐛𝐚𝐧 𝐀𝐫𝐞𝐚𝐬: The augmentation of urban areas and condemning framework projects, particularly in surfacing markets, is playing a notable role in the development of the market. Speedy urbanization and framework augmentation in the regions have escalated the requirement to safeguard planned strengths such as government structures, data centers, and military induction, which contain susceptible details important to national safety and economic steadiness, which are contributing to sensitive compartmented information facility market CAGR.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The report divides the global sensitive compartmented information facility market on the basis of type, construction type, end user, and region.

By type, the permanent SCIFs segment held the largest sensitive compartmented information facility market share due to the growing requirement for enduring, stable solutions in government, military, and reasoning effects.

By end user, the government segment dominated the market, driven by growing pressure on national safety and the safeguarding of confidential information. Governments are also enlarging their reasoning, defense, and cybersecurity functions, all of which need a safe ambiance to guarantee reproving details are safeguarded from uncertified approaches.


𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/sensitive-compartmented-information-facility-market/inquire-before-buying

𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐒𝐩𝐫𝐞𝐚𝐝:
Based on region, North America dominated the sensitive compartmented information facility market because of escalated government funding to protect condemning details. The U.S. government, as an answer to surging cybersecurity menaces and reasoning probabilities, has categorized the advancement and sustenance of SCIFs to safeguard national safety engrossment.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

𝐒𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐂𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐁𝐲 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:
• Permanent SCIFs
• Temporary SCIFs

𝐒𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐂𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐁𝐲 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:
• New Construction
• Retrofit and Upgrades

𝐒𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐂𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐁𝐲 𝐄𝐧𝐝-𝐮𝐬𝐞𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:
• Government
• Military & Defense
• Telecommunication
• Cybersecurity Firms
• Others

𝐒𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 𝐂𝐨𝐦𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭𝐞𝐝 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
𝐔𝐫𝐛𝐚𝐧 𝐀𝐢𝐫 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/urban-air-mobility-market

𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/connected-aircraft-market

𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/commercial-electric-aircraft-market

𝐌𝐢𝐥𝐢𝐭𝐚𝐫𝐲 𝐃𝐫𝐨𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/military-drone-market

𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐦𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/electric-aircraft-market

Ferrosilicon Market Size Worth USD 13.62 Billion by 2032 | CAGR: 2.9%

 The comprehensive market research on Ferrosilicon conducted by Polaris Market Research includes a detailed growth analysis and identification of key drivers in the report.

According to the latest study, the global ferrosilicon market is on a steady growth path. Valued at USD 10.54 billion in 2023, it is projected to reach USD 13.62 billion by 2032, exhibiting a CAGR of 2.9% over the forecast period from 2024 to 2032.

Market Overview:

Ferrosilicon (FeSi) is an alloy consisting of silicon and iron, with silicon content typically ranging between 15% and 90% by weight. It also contains significant amounts of iron silicide. High-silicon-content ferrosilicon is produced in electric arc furnaces by reducing sand or silica with coke in the presence of iron. The product is commonly available as metallic-grey lumps but can also be found as pre-formed briquettes. Ferrosilicon is classified based on minor component quantities, including low-carbon ferrosilicon, low-titanium ferrosilicon, low-aluminum ferrosilicon, and special ferrosilicon.

Primarily, ferrosilicon is used in steelmaking as a convenient silicon alloying element. It serves as an essential deoxidizer, facilitating the rapid removal of oxygen from molten steel. Additionally, some steel mills use ferrosilicon to generate heat within furnaces, helping to reduce energy costs. The increasing global infrastructural developments are expected to boost ferrosilicon demand.

Essential Report Takeaways:

• The global ferrosilicon market was valued at USD 10.54 billion in 2023 and is expected to grow to USD 13.62 billion by 2032.
• Growth is driven by a rising global population leading to increased investments in commercial and residential infrastructure.
• Market segmentation is based on type, application, end use, and region.
• North America holds the highest revenue share in the global market.

Download a Free Sample PDF Copy of the Report:
https://www.polarismarketresearch.com/industry-analysis/ferrosilicon-market/request-for-sample

Leading Market Players:

Key industry participants are heavily investing in research and development initiatives to fuel growth. They are also undertaking strategic efforts to expand their global presence.

Prominent players included in the research are:

• Anyang Jinfang Metallurgy Co., Ltd.
• Anyang Yuneng Metallurgy Refractory Co., Ltd.
• DMS Powders
• Elkem ASA
• Eurasian Resources Group
• Ferroglobe
• FINNFJORD AS
• OM Holdings Ltd.
• RFA International
• SINOGU INDUSTRY CO., LTD

Key Market Growth Aspects and Trends:

Market Drivers:

• Increasing Production Capacity: Manufacturers and governments worldwide are investing significantly in expanding production facilities and adopting advanced technologies. This expansion ensures a stable supply of ferrosilicon and supports market growth.
• Rise in Steel Production: Growing demand for steel in sectors like automotive, construction, oil and gas, and industrial machinery drives the need for ferrosilicon to produce high-quality, strong steel.

Market Trends:

• Growing Automobile Production: Modern automobile manufacturing requires advanced steel grades enriched with silicon for various components. The surge in electric vehicle production, which demands strong and lightweight materials, has further increased the need for specialized ferrosilicon-infused steel.

Request a Discount on this Report Before Purchase:
https://www.polarismarketresearch.com/industry-analysis/ferrosilicon-market/request-for-discount-pricing

Regional Insights:

The report offers detailed insights across key regions and sub-regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

• North America: Accounts for the highest revenue share due to a well-established steel industry, technological innovations, and advanced production capabilities that boost ferrosilicon use as an alloying agent.
• Asia Pacific: Expected to register significant CAGR driven by rapid industrialization in countries like India and China, along with substantial investments by major nations fueling demand.

Ferrosilicon Market Segmentation:

By Type:

• Atomized Ferrosilicon
• Milled Ferrosilicon

By Application:

• Deoxidizer
• Inoculants
• Others

By End-Use:

• Carbon & Other Alloy Steel
• Cast Iron
• Electric Steel
• Stainless Steel
• Others

By Region:

• North America: US, Canada
• Europe: Germany, France, UK, Italy, Spain, Netherlands, Russia, Rest of Europe
• Asia-Pacific: China, Japan, India, Malaysia, South Korea, Indonesia, Australia, Rest of Asia-Pacific
• Middle East & Africa: Saudi Arabia, UAE, Israel, South Africa, Rest of Middle East & Africa
• Latin America: Mexico, Brazil, Argentina, Rest of Latin America

Inquire more about this report before purchase:
https://www.polarismarketresearch.com/industry-analysis/ferrosilicon-market/inquire-before-buying

FAQs:

At what CAGR is the ferrosilicon market anticipated to grow?
The market is projected to grow at a CAGR of 2.9% from 2024 to 2032.

Which application segment held the highest market share?
The deoxidizer segment accounted for the highest share in 2023.

Who are the key players in the market?
Key players include Anyang Jinfang Metallurgy Co., Ltd., Anyang Yuneng Metallurgy Refractory Co., Ltd., DMS Powders, Elkem ASA, Eurasian Resources Group, Ferroglobe, and FINNFJORD AS.

Which end-use had the highest market CAGR?
The cast iron segment recorded the highest CAGR globally.

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Dairy Enzymes Market to Reach US$ 1,029.8 Million By 2027 | CAGR: 7.25% | Polaris Market Research

New York City, 6 Nov 2020: The global dairy enzymes market size is expected to reach USD 1,029.8 million by 2027 according to a new study by Polaris Market Research. Dairy enzymes refer to the enzymes that are added to milk for production of various dairy products such as cheese, yoghurt and other milk products. Dairy enzyme has several key functions including, acts as coagulants that are being deployed to make cheese as well as bioprotective enzymes that are used to improve safety and shelf life of dairy products.

Various dairy enzymes such as lipases, proteases, catalase, and lactase have a variety of dairy applications. Rennets or rennin which is a mixture of pepsin and chymosin derived primarily from microbial and animal sources are being deployed in the cheese production process, specifically in its first stage for coagulation of milk. Several kinds of proteases are being deployed to accelerate the ripening of cheese and for the alteration of milk proteins in order to minimize the allergenic characteristics of cow milk-based products primarily developed for infants. Dairy enzymes are also used for modification of the functional properties of milk. Lipase is used for the ripening of cheese in order to develop lipolytic flavours. Also, lactase or galactosidase, EC 3.2.1.23 is used for the hydrolysis of lactose to galactose and glucose that acts as a digestive agent and enhance the sweetness and solubility of several dairy products.

Know more about this report: request for sample pages

Some of the key factors driving the market growth include, rising consumption of dairy products, increasing demand for lactose-free and low-lactose based dairy products and several environmental benefits related to enzymes. According to news published in economic times in May 2020, the consumption of dairy products has increased in India during the COVID-19 lockdown period driven by rising preference for highly nutritious and healthy vegetarian food. The Gujarat Cooperative Milk Marketing Federation (GCMMF) has reported approximately 20% to 25% higher sales of dairy products such as cheese, ghee and butter in April 2020 which is higher as compared to their average sales registered every month.

According to the International Farm Comparison Network (IFCN) April 2020 report, the dairy sector worldwide is expected to continue to flourish and presently serving more than 7 billion consumers. By 2040, the milk demand and supply would not remain in balance and thus, leading to a slight deficit in availability of milk to consumers, amounting to nearly 12 million tons. The deficit in availability of milk is expected to support the global milk price which is expected to increase while triggering further production of milk that would outbalance demand.

Market participants such as CHR. Hansen, Dow, DSM, Kerry Group, Novozymes, Advanced Enzymes Technologies, Amano Enzyme, Connell Bros., Biocatalysts, SternEnzym, Enmex, and Fytozimus Biotech are some of the key players operating in the global market.

Players in the market have primarily adopted product launch strategy to solidify their position in global market. For instance, in May 2020, DuPont Nutrition & Biosciences introduced its novel bonlacta enzyme for the North American lactose-free dairy market. This product has enabled the much-required cost reduction and process optimization to allow for the production of a variety of lactose-free dairy products that too at high competitive prices. Further, in March 2020, Novozymes has launched its Saphera Fiber product, which is a novel lactase enzyme used to boost fiber content while also reducing sugar in both non-fermented and fermented dairy products.

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Composite Packaging Market to Register $4.83 Billion By 2026 | CAGR: 5.4% | PMR

New York City, 5 Nov 2020: The global Composite Packaging Market size is expected to reach USD 4.83 billion by 2026 according to a new study by Polaris Market Research

The market is projected to witness a significant growth over the forecast period. Global growth of the application industries such as food & beverages, plastic goods as well as the consumer goods industry particularly in the emerging regions such as Middle East & Africa as well as Asia Pacific is catering to the market growth. Novel products developed by industry participants as well as competitive strategies adopted by them is also catering market growth.

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There has been rising penetration of internet in the last few years which has benefitted industries such as e-commerce. There has been rising activities of purchase on e-commerce which has directly impacted the growth of industries such as consumer goods as well as food & beverages. As these industries utilize composite packaging on a large scale, the industry is bound to grow over the forecast period.

Development of novel green composite packaging solutions which are sustainable and can be recycled has also greatly benefitted the market demand. Companies also offer such solutions that do not compromise on the overall safety, functionality and quality and also does not entail a huge amount of additional benefits. Such trends are benefitting the growth of the market.

Asia Pacific is anticipated to grow at a higher rate as compared to other regions over the next six years. Strong growth particularly in countries such as China, India, Vietnam, Singapore, Malaysia and Indonesia are driving the regional market growth. Rising disposable income, rapid urbanization, favorable policies of the governments, emergence of countries as a manufacturing hub are all contributing to the growth of the market in Asia Pacific.

Provision of customized product portfolio is a key industry scenario. Composite packaging companies provide solutions that are in line with the value chain requirements of their clients. They also offer additional services of printing, color, packaging types as a part of their efforts to gain market share.

Companies are developing products that enhance the advantageous properties of composite packaging materials and in order to do so are involved in continuous R&D process. Some of the leading players in the market include Amcor, DS Smith, Mondi, Smurfit Kappa, Sonoco, Mondi Plc., Crown Holdings, Sealed Air Corporation Universal Packaging Ltd, Najmi Industries, Sota Packaging Pty Ltd., among others.

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Wind Turbine Casting Market Worth $2.9 Billion By 2027 | CAGR: 6.1% | PMR

New York City, 2 Nov 2020: The global wind turbine casting market size is expected to reach USD 2.9 billion by 2027 according to a new study by Polaris Market Research

The wind energy is the alternative energy of the conventional energy sources, as it primarily uses kinetic energy from wind and transforms it into electricity. The growth in awareness about the alternative energy sources among the leading end users to meet the industry standards and government standards. Moreover, in general wind turbine are formed and manufactured to maintain its lifespan of 20 years. Considering the wind turbine, it has different components, including a tower, gearbox, mainframe, rotor blades, rotor bearings, generators, power converter, rotor hub, primary shaft, nacelle housing, and wires. Rotor hubs, axle pins, transformer, and main carriers are the primary components that go through casting. In a wind turbine, rotor hubs are cast parts and undergo heavy stress. Casting aids are ideally suited for the development of composite parts in elevated creep resistance.

 

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The growth of the market is primarily influenced with the increase in favorable public measures to support the use of renewable energy sources and the need to reduce carbon footprints and emissions. Moreover, the rapid urbanization combined with increasing construction industry has risen electricity demand, which in turn increase the demand for wind turbine. Such factors are raising the demand for the wind turbine casting in the global market during the forecast period.

Considering the current market scenario, the growing wind energy facilities are anticipated to generate the favorable needs in the market. The key countries such as the US, Germany, Japan, China, India, Brazil, the UK, and South Africa are increasing amount of offshore applications facilities, which further expected to enhance the market growth over the forecast time. It is expected that the increase in demand for longer lifespan and reduced maintenance costs of wind turbine castings are expected to increase opportunities in the global market for the manufacturers in the coming years.

Based on product type, the horizontal axis segment is expected to account for the major share in the global market over the forecast period. Moreover, the high effectiveness and energy output are further anticipated to be the opportunity in the market for the manufacturers to invest in the research and development activities of the wind turbine castings in the forthcoming years. In addition to this, the onshore segment is also expected to hold significant share in the global wind turbine castings industry over the forecast period.

Some of the key players in the market are Vestas, Suzlon, Goldwind, Sinovel, DHI DCW Group Co., SAKANA Group, Premier Heavy Engineering, SHW Casting Technologies GmbH & Co. KG, Global Castings, Riyue Heavy Industry Corporation Ltd., SEFORGE Elyria Foundry Company, LLC and Enercon Ltd. The key players in wind turbine castings industry have adopted the strategy of product innovation in order to gain competitive share in the global market.

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Plant-Based Meat Market to Register $35.4 Billion By 2027 | CAGR: 15.8% | Polaris Market Research

New York City, 2 Nov 2020: The global plant-based meat market size is expected to reach USD 35.4 billion by 2027 according to a new study by Polaris Market Research.

Plant meats have ingredients sourced from plants such as soy, to mimicking the texture of animal meat. Current innovations also claim that it offers the same cooking and eating experience as of traditional animal based meat. Few hamburger outlets have introduced plant-based patties, which exactly matches the texture of the beef offered in the same outlet.

Consumers find potential advantages of plant-based foods, on the other side, and equate such items with better health outcomes and higher nutritional value. A 2016 study by Oxford University found that a ‘healthy’ diet (i.e. one that contains less meat) could prevent 5.1 million deaths worldwide by 2050. Meat-free protein products are no longer restricted to the relatively small group of consumers who identify as vegetarian or vegan. For example, 39 per cent of the U.S. citizens are actively using plant originated foods in their diets, and this shift is driven by millennials: 30 per cent eat meat alternatives every day, while 50 per cent eat meat alternatives several times a week.

 

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The global plant-based meat market is driven by growing concern towards animal based meat owing to global narrative that COVID-19 originated from wild animals. The growing vegan population in Europe, consumer awareness towards nutritional benefits, and innovations in food technology coupled with funding support from investment firms. Recently, in June 2020, Veganuary, the UK based non-profit organization introduced Veg Capital, funding solutions plant-based food companies. It will provide fund of around EUR 50,000 to 2,50,000 to the plant-based food startups.

Moreover, strong government intent also pitched the usage of plant-based meat in the forefront. Governments are now beginning to understand the climatic and environmental effects of diets. The expert panel of the review team recommended the inclusion of key material environmental indicators during the most recent revision of the US dietary guidelines in 2015. Denmark is considering proposals for imposing a red meat tax. In 2016, Sweden’s Green Party tabled a motion in the Swedish parliament calling for a climate tax on food.

 Market participants in the plant-based meat market include Impossible Foods, V2food, Beyond Meat, Garden Protein International, Zhenmeat, Morningstar Farms, Novameat, Quorn Foods, Amy’s Kitchen, Omnipork, Maple Leaf Foods, Zikooin, The Vegetarian Butcher, Greenwise, Tofurky, Gold & Green Foods, Sunfed, and VBites. are some of the key players operating in the concerned market. They are competing on several factors such as price, product quality, taste, nutritional claims, brand value, advertisement, and promotions.

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Epoxy Adhesives Market Size Worth $11,631 Million By 2026 | Polaris Market Research

New York City, 20 Jul 2020: The global Epoxy Adhesives market size is expected to reach USD 11,631 million by 2026 according to a new study by Polaris Market Research.Epoxy is increasingly being used as a structural adhesive across diverse industries. Epoxy adhesives offer high shear strength while bonding efficiently to a wide range of substrates such as wood, glass, and metal. These adhesives provide minimal shrinkage, superior thermal and chemical resistance, and cohesive strength. Epoxy adhesives can be altered and modified to deliver a wide range of properties and offer customized solutions in the market. Toughened epoxy adhesives are being used in automotive, construction, and aerospace industry owing to need for greater strength and chemical resistance.

The different types of epoxy adhesives include One-Component, and Two-Component. The demand for one-component epoxy adhesives is expected to increase significantly during the forecast period. One-component epoxy adhesives are cured at temperatures between 250-300°F, which offers superior adhesion properties, high strength, and greater environmental and chemical resistance. They are usually applied through trowel or extrusion by beads, and are capable of filling and sealing gaps between surfaces efficiently. Currently in the global Epoxy Adhesives industry, companies, manufacturers, private organizations are collaborating to expand and cater to wider applications and develop advanced technologies.

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Epoxy Adhesives are used in diverse industries such as defense and aerospace, construction, automotive, energy and power, marine, electrical & electronics, and others. The construction segment accounted for the highest share in 2019. However, the energy and power segment is expected to grow at a significant rate during the forecast period. The increasing environmental awareness coupled with government initiatives is encouraging consumers to turn towards solar, wind, hydropower and fuel cells. Use of epoxy adhesives enable these renewable systems to withstand harsh environments, extreme temperatures, chemicals abrasion and mechanical stresses.

Asia Pacific dominated the global market in 2019 and is expected to maintain its dominance over the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector supports market growth in this region. Increasing applications in construction, defense and aerospace, and marine industries further increases the demand of epoxy adhesives in Asia-Pacific. Increasing demand for miniaturized and high performing electronics coupled with increasing awareness regarding adoption of electric vehicles fuels growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.

The market is characterized by established companies and large giants. Owing to technological advancements, and greater need to cater to customer requirements, companies are collaborating in order to strengthen market presence and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include DowDuPont, Sika AG, Huntsman Corporation, Ashland Inc., 3M Company, Lord Corporation, Illinois Tool Works Incorporation, Henkel AG, AdCo UK Limited, Benson Polymers Ltd, 3M Co., Adhesive Technologies Corp., H.B. Fuller, American Chemical Inc., DELO Industrial Adhesives, Collano Adhesives AG, and Alfa International Corporation among others.

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