Personal protective equipment (PPE) is required at worksites with physical, electrical, heat or chemical hazards. Get a snapshot of the current status and future prospects of the Scandinavian PPE sector, the impact of the pandemic, advancements and more.
The North American respiratory protection sector is affected by industry dynamics. Get an assessment of the future prospects, growth strategies, drivers, technologies and more as this segment creates a culture of innovation.
This landscape generated revenues of $5.60 billion in 2020 as countries mandated the use of face masks in public places. Increased consumer awareness regarding the need for safety measures against the COVID-19 virus drove demand.
I love the Alvin Toffler quote, “The great growling engine of change—technology,†for a host of reasons. “Growling†could be overlooked for “change†simply because we are caught in an era and pace of change that leaves our heads spinning, and strategy executives love to talk about change. However, the deliberate use of growling denotes a sense of hostility. My interpretation of this word choice is the foresight to know that technology is an incredibly fickle and risky proposition, and fickleness has a high propensity to create hostile responses based upon our given perspective.
This is exemplified by our 2021 Edition of the Top 50 Emerging Technologies, which showcases technologies at a technology readiness level (TRL) of 5 to 9. Our team spent tens of thousands of hours determining the standouts for the next several years and assessed their viability across our criteria. Our top technologies cannot be ignored, especially with a tidal wave of end-user needs spurred by the recent geopolitical chaos (COVID-19, elections). This has created a renewed view of the impact these technologies can have on many applications.
Schedule a consultation with an industry expert at no charge by contacting us at myfrost@frost.com. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
Antibiotic Alternatives in the Animal Feed Ingredient Sector
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Industry Convergence Propels Growth of Global Smart Label Materials
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Growth Prospects for European Building Insulation Materials
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Evolution of EVs Creates New Growth Avenues for Automotive Lubricants
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Government Initiatives Drive Growth of PPE in the Wind Energy Industry
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Growth of “Beauty-from-Within†Supplement Sectors
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Technology Strategies Influencing the Growth of Polymer Recycling
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companies are shaping their growth more than
ever through constant innovation and the
implementation of new technologies to serve
their consumers better. This traditional sector
is at the heart of powerful industry
convergences. Traditional value chains are
impacted by transformative Mega Trends,
disruptive technologies, and new business
models that will reshape them faster than
expected.
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Frost & Sullivan’s recent analysis,
Automation Driving the Demand for
High-performance Plastics in Industrial
Applications, 2027, finds that the demand for
digitalization and automation of manufacturing
facilities and the need for power generation
through renewable energy sources are expected
to drive the use of high-performance plastics
in industrial applications. Losses in corrosion
and weathering are estimated to cross $1
trillion; industrial equipment manufacturers
must focus on high-performance plastics
benefits such as corrosion protection and
longer maintenance intervals.
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Frost & Sullivan’s recent analysis on the global consumer face mask market finds that the mature market is likely to drop significantly as countries worldwide are gradually lifting face mask mandates with the availability of the COVID-19 vaccine. As the threat of COVID-19 decreases, the total market of disposable face masks and non-disposable face masks is estimated to witness a negative compound annual growth rate of 39.8%, reaching $0.44 billion by 2025 from $5.6 billion in 2020.
Frost & Sullivan’s recent analysis finds that the rising demand for high-quality meat products across the globe, especially in developing countries, will facilitate the growth of the global animal feed ingredient market. Driven by a combination of rising population, growing economies, and increasing per capita income, the industry is projected to reach a revenue of $24.7 billion in 2026 at a compound annual growth rate of 5.5% from $18.0 billion in 2020. The poultry and swine sectors are expected to witness the highest usage of feed ingredients, whereas expansion in the ruminants sector is forecasted to demonstrate an upward trend due to changing cattle farming practices.
Frost & Sullivan’s recent analysis, Convergence and Collaboration to Usher Circular Economy in the Plastics and Composites Industry, finds that leading brand owners and original equipment manufacturers in the industry are integrating sustainability and circularity following mounting pressure from consumers and government bodies. While nearly 370 million tons of plastic were consumed in 2019, overall plastics waste collection volumes were estimated to be about 45% to 50% of the total consumption.
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