What are the key micro and macro factors impacting the growth of infant formula ingredients? How will these developments influence the industry dynamics? What are the key technological and product innovations across different ingredient types? Find out more in this research.
The packaging industry is a major end-use segment for packaging adhesives. This research identifies the growth opportunities and challenges for adhesives and sealants, which are preferred for their seamless bonding. They also help reduce manpower and manufacturing costs.
Analyze the demand for polymeric membranes by end-use sector, separation process, and material. Also, get highlights on the robust role of digitalization and its effects on the adoption of polymeric membranes, the influence of Industry 4.0/5.0, and more from this in-depth research.
1.Time for change
2021 will (fingers crossed) go down in history as the year the world started to take climate change seriously. In April, the UK and Chinese governments announced ambitious goals of achieving carbon zero by 2050 and 2060 respectively. America plans to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas pollution by 2030.
In the corporate world, high-tech businesses such as Microsoft, Apple and Novo Nordisk and service companies such as EY, Sky and KPMG have set their sights on achieving carbon zero by 2030. The more energy intensive industries including manufacturers (Cemex, Holcim and Tetrapak), oil and gas firms (BP, Shell and Total) and airline companies (BA, American Airlines and Japan Airlines) plan to reach this target by 2050.
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Read more Request InfoAccording to World Health Organization (WHO) statistics, food-borne diseases in Southeast Asia, including India, are a leading cause of mortality, and more than 40% of the cases reported are among children younger than 5. This underlines the need for an all-around approach to ensure food safety—spanning health, sanitation, and food security—and the need for stakeholder participation.
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Among many factors, government grants and incentives for zero-emission vehicles or EVs, especially in Europe, increasingly stringent regulations and legislations pertaining to CO2 emissions, and competitive product offerings continue to underpin the rise in EV sales. As demand gathers momentum and several global-scale battery facilities come online, production costs and average battery prices are expected to register further declines.
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Frost & Sullivan’s recent analysis, Global Industrial Adhesives and Sealants Growth Opportunities, finds that the increasing consumption of adhesives and sealants by end-use industries—packaging, electrical and electronics, industrial machinery, and metal and glass processing—is inflating their demand globally. By 2027, the global adhesives and sealants market is estimated to garner $21.52 billion in revenue from $14.43 billion in 2020, an uptick at a compound annual growth rate of 6%.
COVID-19 has accelerated digitalization across industries, business models, and touchpoints. As communication and sharing of information move from a physical to digital medium, users must protect access to their identity online using secure, portable, and verifiable credentials in real-time. Therefore, a digital identity system compiling personal information such as name, passport number, health data, and financial information that can be linked to a secure digital device or account will be a critical enabler.
The rapid adoption of green technology in the chemicals industry is further accelerated as sectors across the globe reopen and recover from the impact of COVID-19. Players in the industry face challenges to advance in the post-pandemic world as the rapidly changing end-market and consumer preferences create new opportunities from emerging applications and a potential decline in existing applications.
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