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Paint Cans Market Regional Demand, Top Players, Recent Trends, and Market Growth Forecast, 2027

Market Analysis and Insights: Global Paint Cans Market
Paint cans market will reach an estimated valuation of USD 6.02 Billion by 2027, while registering this growth at a rate of 4.10% for the forecast period of 2020 to 2027. Paint cans market report analyses the growth, which is currently being growing due to the increasing preferences towards the usages of metal cans.
The growing number of construction activities in residential and commercial sector, rising growth of the real estate sector across the globe, increasing levels of disposable income along with improving living standard of the people and strong economic growth are some of the factors which will likely to enhance the growth of the paint cans market in the forecast period of 2020-2027. On the other hand, adoption of stringent regulations regarding the usages of plastic along with growing number of recyclability and durability of metal cans which will further bring various opportunities for the growth of the paint cans market in the above mentioned forecast period.
Increasing cost associated with the usages of metal cans along with prevalence of various product substitute are acting as market restraints for the growth of the paint cans in the above mentioned forecast period.
This paint cans market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on paint cans market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Get More Insights about Global Paint Cans Market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-paint-cans-market
Paint Cans Market Country Level Analysis
Paint cans market is analysed and market size, volume information is provided by country, product type, material type, capacity, end-user, and application as referenced above.
The countries covered in the paint cans market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the paint cans market due to the increasing number of construction activities, rapid urbanization along with rising trends of nuclear families. Europe region is expected to hold the largest growth rate due to the prevalence of various manufactures along with rising demand of paint by the consumer to enhance the aesthetics of their property. .
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Paint Cans Market By Product Type (Metal Cans, Plastic Cans, Hybrid Cans), Material Type (Plastic, Metal), Capacity (1000 ml and Below, 1001 – 2000 ml, 2001 – 3000 ml, 3001 – 4000 ml, 4001 ml and Above), Application (Lite Industrial Painting, Architectural Painting, Domestic Painting), End-User (Chemical, Building, Painting, Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Global Paint Cans Market Scope and Market Size
Paint cans market is segmented on the basis of product type, material type, capacity, end-user, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
· On the basis of product type, paint cans market is segmented into metal cans, plastic cans, and hybrid cans.
· Based on material type, paint cans market is segmented into plastic, and metal. Plastic has been further segmented into high density polyethylene (HDPE), and polypropylene (PP). Metal has been further segmented into tin, and steel.
· On the basis of capacity, paint cans market is segmented into 1000 ml and below, 1001 – 2000 ml, 2001 – 3000 ml, 3001 – 4000 ml, 4001 ml and above.
· Based on end-user, paint cans market is segmented into chemical, building, painting, and other.
· Paint cans market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for paint cans market includes lite industrial painting, architectural painting, and domestic painting.
Competitive Landscape and Paint Cans Market Share Analysis
Paint cans market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to paint cans market.
The major players covered in the paint cans market report are Ardagh Group S.A., BALL CORPORATION, Berry Global Inc., Silgan Containers., Kian Joo Can Factory Berhad, Colep UK Ltd, BWAY Corporation, NCI Packaging., AlliedCans, Aaron Packaging, Inc., Allstate Can Corporation, Lancaster Container Inc., Baltic Packaging A/S, Envases, P. Wilkinson Containers Ltd., SARTEN AMBALAJ SAN. VE TIC. A.Ş., KW Container, Crown, Smurfit Kappa, HUBER Packaging Group GmbH, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Paint Cans Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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Collection of Late Philanthropist Don Marron
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What COVID-19 Impacted on Cleaning Product in FMCG Industry ?
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As official authorities and WHO (World Health Organization) have been encouraging the use of sanitizers, drinking clean water, and hygiene in terms of food we consume and area we live in or washing our hands, the demand for cleaning products has been and will continue to see a significant growth. It still continues to inflict the world with appalling economic and social dilemmas, capable enough to leave severe backlash on the economy for the next several years. The first wave had already inflicted severe blows to the population as well as the economy. The currently experiencing second wave is expected to be more disastrous not only to the masses but also to consumer goods markets. Cleaning products and services are an essential part of preventing and protecting human health during infectious disease outbreaks, including the current COVID-19 pandemic. One of the most cost-effective strategies for increasing pandemic is preparedness, especially in resource-constrained settings, is investing in core public health infrastructure, including water and sanitation systems.
How to get Profit in Real Estate?
In Pakistan, real estate is one of the most flourishing businesses that hold the major stakeholders of Pakistan. In the ongoing 20th-century maximum number of billionaires are real estate investors as this field has rocket power potentials. But the intermingling question which arises here is that, “HOW TO GET PROFIT IN REAL ESTATE." The answer to this question will open up the ultimate way for you to unpack the bundles of success for you through real estate. The Masters Real Estate is one of the Best Real Estate Investment Company in Pakistan. We are official sales partner of Lahore Smart City and Capital Smart City. The strategy to evacuate the desired profit from real estate has inculcated in the roots of consistency and patience. No bypass or shortcut way will make you rich through overnight formula. However, if you have ambiguity about the profit potentials of real estate, then you are at the most right place to figure out the genuine way. The gurus of today's world that have to earn immense experiences about real estate still admit that some conventional rules are still pro tips to make a profit in the real estate world. The gloss and shine of the real estate era are quite fascinating, but the paths of the real estate business are not as convenient. Consequently, your dedication and preference towards your work will lead you to make piles of profit from the real estate world in the meantime. It will prove a worthy earning journey for you once you get into this market. To know how to get profit in real estate, you have to keep some basic techniques at your fingertips. The criteria of this talk will reveal the basic and traditional, and rational ways to make a profit from the property. We have striven to deliver a complete guide for “How to make a profit in real estate." We have compiled up the golden ways that will flicker up your real estate business with huge profit. CAPTURING THE INCREMENT RULE The rule of appreciation or inclining rates of the property will have synchronized with the sale of your property. It is one of the ancient ways of extracting profit from real estate. Although it is a traditional ritual of the market of real estate, it is still well-grounded. Hence it is good to sell the properties at the peak time of the need to make a colossal profit. RENTAL PROPERTIES The second most reliable way of composing huge profits from real estate property is to buy properties and simple rent. This method is a constant way of earning livelihood for a large proportion of people in Pakistan. However, the maintenance cost of the buildings and other expenses run side by side. AGRICULTURAL LAND PROFITS In a country where agriculture is the source of income for a massive population, a real estate investor can also pull the profit from these harvesting lands. You can purchase the land and lend them to a farmer for cultivation. In this way, you will own the ground, and also, the portion of crops, vegetables, and fruits are grown on them. Another way is also to sell the land when its market value undergoes appreciations. COMMISSION STRATEGY Here comes the most versatile domain of fetching the profit from real estate. And it's one of the most frequent answers you will get to hear as a result of “HOW TO GET PROFIT IN REAL ESTATE." This aspect of the real estate market revolves around the commission, or you can say the service charges of all the dealings from the investor and the buyer. A real estate business person or agent will get this amount due to selling the appropriate land to the investor. On the other hand, you can also charge the seller to find the correct buyer for him/her. HOLIDAY RESORTS PROFITS It is another way of making a profit. Real estate market. In this scenario, apartments, resorts, and guest houses, or any other place at the vacation or holiday point have been purchased by the investor. After that, you may rent your property in the peak time of tourists visiting that place, or you can also sell your property at the right time with attractive market prices.
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What COVID-19 Impacted on Cleaning Robot in Semiconductors & Electronics Industry ?
Impact of COVID-19 on Cleaning Robot in Semiconductors & Electronics Industry ANALYSIS ON IMPACT OF COVID-19 ON THE MARKET The pandemic started with its epicenter in China in 2019 and has been continuously spreading by then to all over the world, so far 216 countries and territories have been affected with Covid-19, the U.S. being on the top with cases reaching about 4.38 million, followed by Brazil, India and then by many European countries such as Russia, Spain, Italy, and others. The COVID-19 cases reaching to the big named countries with strong dominance in the global market which has adversely affected the economy globally. The spread of the coronavirus has led to the global recession, many companies are being bound to take stringent actions of laying off their employees, small businesses are being shut, and manufacturing facilities are being put on hold. There has been a disruption in the supply chain of many industries due to restrictions in logistics and the closing of manufacturing facilities. In addition, the slowdown in the economy has lowered the spending capability of individuals and people are saving money for emergencies. However, now almost in every country, the factories are started to reopen by taking some prevention such as 20% -50% employees on the field, social distancing, extreme hygiene measures, and others to support the economy. It is supporting the economy and helping to lower the recession rate at a certain level. COVID-19 highly impacted the personal and domestic cleaning robots market due to the recession gripping the world and a decline in disposable income, the demand for personal and domestic robots declined. Also, the behavior of the individuals has certainly changed in the pandemic, people are now more concerned about their health and spending for future use due to incurred losses which lead to a decrease in the sale of cleaning robots. However, cleaning robots have a huge demand in the healthcare sector. During the time of social distancing, hospitals are demanding mobile robots integrated with UV-C light disinfection equipment to sanitize the wards and rooms to minimize any physical contact. For instance, In June 2020, According to the founder and chairman of Milagrow Robots, there has been a huge surge in demand for floor and window cleaning robots. The total sale is expected to be 300,000 to 400,000 cleaning robots in 2020 when compared to 10,000 cleaning robots in 2019. STEPS TAKEN BY MANUFACTURERS DURING COVID-19 SITUATION As the COVID-19 crisis continues to expand, makers would possibly face challenges on varied fronts. Producing firms would be searching for immediate measures to stay their workforces safe and their businesses solvent. Makers would conjointly have to be compelled to look on the far side of their economic viability. Because the COVID-19 pandemic intensifies, makers would possibly face continued downward pressure on demand, production, and revenues. They would continuously face cash-flow liquidity challenges and difficulties in managing debt obligations. In December 2020, LG Electronics announced the launch of the autonomous robot with disinfecting UV light for various B2B applications. This robot uses ultraviolet (UV-C) light to disinfect high-touch, high-traffic areas and is designed for hospitality, education, corporate, retail, restaurant, and transportation customers to reduce exposure to harmful bacteria and germs The pandemic may drive the enhancement of automation, digitalization, and artificial intelligence (AI) in almost all sectors. In a situation like social distancing automation and robotics could reduce dependence on human labor and increase productivity, preventing the chances of losses. The pandemic has boosted the growth of healthcare industries. As people need to maintain physical distancing, manufacturers can gain the advantage of this norm to address the mass public in hospitals and crowded places. Manufacturers were engaged in product development with advanced technologies, partnerships, and collaborations to gain a competitive advantage in the market. For instance, In January 2021, SAMSUNG announced the launch of new AI-powered robotic vacuum and laundry products. The new JetBot 90 AI+ features smart technologies that optimize the cleaning route and respond to its environment. The JetBot 90 AI+ is the world’s first smart robotic vacuum that helps to automate home cleaning in these Covid times IMPACT ON DEMAND The behavior of the individuals has certainly changed in the pandemic, people are now more concerned about their health. The government is also working on research and development to develop a vaccine and avoid any further pandemic as such. The government is using augmented and virtual reality for the known disasters which can help in reducing the effects of the disaster. The pandemic has boosted the digital transformation of industries, companies are focusing more on a digital platform to interact with their clients and customers. The pandemic has brought a huge demand for cleaning robots to ensure safety as COVID-19 has put cleaning and disinfection front and center in facility maintenance and at other places. Huge adoption of technology, automation, and smart buildings is gradually increasing the scope of growth for the cleaning robot market. IMPACT ON SUPPLY CHAIN The pandemic has brought a huge impact on the supply chain of the cleaning robot market. The logistics and transportation of assets deteriorated a lot. The supply chain was adversely affected as the lockdown prevailed in many regions globally, the government has limited the workers. Companies are making their operations work according to the government regulations by making limited workers work in different shifts. The supply chain is experiencing disruption in Chinese parts exports, large-scale manufacturing interruptions across Europe, and the closure of assembly plants in the U.S. The manufacturers were facing a shortage of raw material, shifting of production to other countries, liquidity crunch to delays in availability of models, and deferred launches. However, now there is an improvement in the supply chain as most of the facilities and travel restrictions have opened and working in most optimum capacity. CONCLUSION As the Covid-19 prevails the cleaning robot market has witnessed a gradual increase in the demand for cleaning robots and services. Most of the manufacturing facilities were closed bringing down the production of cleaning robots which leads to disruption in the supply chain. However, as the markets are getting digitally transformed and people are being more reliable on digital sources the market seems to be growing. Organizations operating under this market were building up new strategies to maintain all the safety measures at facilities and focusing on technological up-gradation to boost the growth of the market. Even after the pandemic automation of industries will continue to increase which acts as a major driver for the market. Growing demand from the healthcare, media & entertainment, and retail sector will act as a major boosting factor for the growth of the market in this pandemic.
Jupiter Transit 2021 Effects
Jupiter transit 2021 will impact everyone. We study how it will affect, both positively & negatively, based on the zodiac sign.  Hindu astrology denotes Jupiter as the Guru and is highly significant in determining our future. And when Jupiter transits, it can have a serious impact on both personal and professional life. The planet is the mentor and guide for mankind and it presides over two zodiac signs - Pisces and Sagittarius. While being highly benevolent to the natives, Jupiter transit 2021 to 2022 can also cause negative impacts based on which part of the zodiac sign it sits on.  So how Jupiter transit 2021 is going to impact you? Let us analyze every zodiac sign and understand the outcomes in detail. Jupiter Transit 2021-2022 and Effects on Aries As per Vedic astrology, Jupiter moves into the 10th house of and the natives can have challenging times in their careers, jobs and businesses. You need to strictly concentrate on your professional life and should not switch jobs. Finances will remain secure and health will be fine. However, minor health concerns like viral infections may affect some of them, hence they need to take care of their health and what they eat. Jupiter Transit 2021-2022 and Effects on Taurus During Jupiter Transit in 2021, -2021, the planet is in the eighth and eleventh houses of the Taurus and you will be rewarded for your efforts. Your plans to go abroad can be fulfilled and all the obstacles will be duly taken care of. Finance will improve and you may inherit ancestral property. This phase will also prove to be good for the people who are indulging in business.  Jupiter Transit 2021-2022 and Effects on Gemini As per the Jupiter Transit 2021-2022 prediction report, Jupiter resides in the seventh house of Taurus, and your career and business will bloom during this period. Your financial condition will improve and a good female friend will help you to obtain better results. You may have issues in your marital life and these need to be taken care of. Jupiter Transit 2021-2022 Effects on Cancer Vedic astrology states that during Jupiter transit in 2021, the planet will rule over the seventh and ninth houses of Cancer and bring in better fortunes in business. You will have a good financial condition. However, there will be a rift in professional life and friction among family members. Jupiter Transit 2021-2022 Effects on Leo While at the transit period, Jupiter presides over the fifth and eighth houses of Leo, and students, researchers and people undertaking higher studies will perform well. Those who aspire to study abroad will have fruitful results. You need to focus on your work and must stay away from rifts and frictions.  Jupiter Transit 2021-2022 Effects on Virgo Jupiter will be the lord of the fourth and seventh houses of Virgo and the natives will expand the business partnership. If you are looking for a job change, you will get one with a lucrative pay package. Students will excel in academics and bachelors will find their partners. If you have been unlucky in love, you may find one soon. Jupiter Transit 2021-2022 Effects on Libra Jupiter will rule over the third and sixth houses of Libra the Jupiter Transit in 2021-2022 prediction report suggests peace and harmony in family life. You may get a promotion and a salary hike in the office and your bonding with the mother will improve in the latter part of the year.  Jupiter Transit in 2021-2022 Effects on Scorpio Vedic astrology reports suggest that Jupiter transit 2021-2022 will be monetarily beneficial for you. You may start a new venture but the domestic life will be highly disturbed. However, your children will give you a reason to cheer. Jupiter Transit 2021-2022 Effects on Capricorn As per Jupiter Transit in 2021-2022 prediction report, you will enhance your knowledge, skills, and personality. With impressive communication, you will excel in the office but do not switch jobs this year. Do not lend money as it may be difficult to get it back.    Jupiter Transit 2021-2022 Effects on Aquarius During the Jupiter transit 2021 period, the planet will rule over as the lord of the second and eleventh houses and you may have financial gains. Your professional and personal lives will be promising. There is also a possibility of a trip abroad.  Jupiter Transit in 2021-2022 Effects on Pisces The planet Jupiter will preside over the 10th house of Pisces during this period and you may have a great time in business and career. Your hard work will be rewarded and you must make efforts to fulfill your ambitions. A job change will bring in better fortune but you need to concentrate on your expenses.
UK Spouse Visa Document Checklist for meeting the Income Requirement
Welcome to The SmartMove2UK’s latest guide to the financial documents required for your UK Spouse Visa application. We are going to present this guidance article as a UK Spouse Visa document checklist for you to follow to ensure that you can adequately prove that you meet the financial requirement for the UK Spouse visa application eligibility criteria. Before we get started on the UK Spouse visa document checklist for meeting the income requirement, it is important to present the disclaimer: Any of the advice that you find in this article does not constitute as legal advice. This is just a guide. To ensure that your UK Spouse Visa application chances to succeed are maximized, be sure to book an appointment with one of our consultants at The SmartMove2UK (a unit of Smart Move Immigration). Our expert Immigration advisors believe that it’s crucial to provide any prospects for the UK spouse visa application with a brief overview of the requirements they would have to meet, and have hence shared this information out of their extensive experiences as UK legal immigration advisors. Now let’s get to it. The financial documents must be of the sponsor’s financial income. If the applicant is working in their country, the Home Office is not really interested to know what they are earning. They just want to know that the sponsor can support the applicant once they are in the UK. The financial requirement at the moment is 18,600 GBP per annum. The income requirements would increase if there is any additional child. UK Spouse Visa document checklist for meeting the Income Requirement – 2021: Relationship Documents Sponsor’s Employment Letter Sponsor’s Employment Contract P60 (End of year tax certificate issued in the UK and Ireland) 6 x Sponsor’s Monthly Wage Slips 6 x Sponsor’s Monthly Bank Statements Accommodation Documents Additional savings held in regulated financial institution For the best immigration assistance in town, book an initial consultation with one of our UK qualified experts today. Our associates can help you in any part of the world telephonically or through any of our offices in either Mumbai, Delhi, Bangalore, Chandigarh or London. Even if you are missing some of the  documents, you may still be eligible to apply for a UK Spouse visa,  if you have a proficient immigration attorney by your side. And that’s exactly what The SmartMove2UK is here to help you with. You can contact us on +91 98191 27002 or email us at info@smi.legal and book your consultation appointment.
Difference Between Invoice And Credit Memo
Some daily business activities and transactions include common terminologies that might get a little confusing and bounce over your head. But, the initial confusion should not stop or hamper your work. Do not Worry! none of these terminologies are tricky as solutions in chemistry labs. Having a clear understanding of such business day to day terms and their usage is important for its fundamental growth. A deeper understanding of major difference between an invoice and a credit memo has been listed down here. It will help you have a clearer vision about the terms and their practical usage in the business. What is an Invoice? An invoice is an itemized list of entries for which a company has to make payments to its suppliers, vendors or service providers. The Account Receivable Account Payable Department receives invoices from the suppliers or vendors and scrutinizes it before processing it for payment. In most of the cases, company issues Purchase Orders to its vendors, requesting the items to be supplied to them. The Accounts Payable Department matches the items listed on the Purchase Order with that of the Invoice and also verifies that the items are received by them to clear the invoice for the payment. What is a Credit Memo or Credit Note? For the items returned by a company to its vendor, the vendor needs to issue a credit memo for the returned items. A credit memo is issued when the client has paid advance payments to the vendors. This would ensure that the vendor has been informed about the discrepancy in supplying the goods and agrees to the credit memo to the customer for the items not supplied exactly that were asked through the Purchase Order. So, what is the role of this note and how it represents invoice vs credit memo? Manage Accounts Payable of a company using both the invoice and the credit note for the payment processing. It deducts the amount of the credit memo from that of the invoice and clears the payment for the vendor. When is customer credit memo is issued? There could be specific circumstances when you feel the need to issue a credit memo to your customer. Some common instances could be, as followed: 1. When you need to cancel an issued invoice fully or partially. 2. You are seeking a partial credit for the wrong items supplied. 3. The goods have already been purchased earlier and you want to request a refund for the goods returned to the vendor. How to issue a credit note? Issuing this note is not a daunting task, whether you want to issue it manually or you are using any Accounts Payable Software. You need to select the Invoice and the Credit Note to be reconciled. Then, choose the amount to reconcile as the value therein the credit note. When you apply the change, the reconciliation will be affected with a reduced invoice amount after deducting the amount in the credit note. CONCLUSION The difficulties of terms don’t make the task difficult for you as the sole owner or small business. It is something that can be done easily and professionally. Invoicera an online invoicing software easily help you to create professional-looking invoices, credit notes and other memos with ease of a few clicks. Read the full blog here (Source) : Difference Between Invoice And Credit Memo
How Impacted COVID-19 on U.S. Shale Gas in Chemical Industry ?
Impact of COVID-19 on U.S. Shale Gas in Chemical Industry INTRODUCTION Shale gas and shale oil are defined as natural gas & oil from shale formations. Shale is a type of sedimentary rock that is made up of very small clay particles and is highly porous in nature. It is formed in deep ocean water, lagoons, wetlands, and swamps where the water is still enough for extremely fine clay and silt particles to settle to the bottom. Since shale is a porous formation, it serves as both a source and a reservoir for unconventional hydrocarbons. The extraction of oil and gas from a shale formation involves mechanical stimulation. One such technique for stimulation is hydraulic fracturing or fracking. In the fracking process, cracks in and below the Earth's surface are opened and widened by injecting water, chemicals, and sand at high pressure. The combination of horizontal drilling and hydraulic fracking has made it possible to access vast quantities of shale gas that were previously uneconomical to generate. Natural gas output from shale deposits has given the United States natural gas industry a new lease on life. The demand for safe access to energy sources is growing globally. Shale oil and gas have played an important role in meeting global energy demand during the energy revolution and are expected to continue to do so for decades as society transitions to lower-carbon energy sources. The rapid growth of shale oil and gas contributes to increased supply stability and lower commodity prices. According to the United States Energy Information Administration (EIA), in the year 2011, the country’s estimated available natural gas resources totaled 2,552 trillion cubic feet (Tcf). Natural gas from shale deposits, which was once considered to be uneconomical, accounted for 827 Tcf of this resource total. In the year 2020, U.S. dry shale gas production was about 26 trillion cubic feet (Tcf), and equal to about 78% of total U.S. dry natural gas production. IMPACT OF COVID-19 ON U.S. SHALE INDUSTRY Shale oil and gas exploration have, in particular, given the US oil and gas industry new dimensions of development. It has also fueled significant investment in associated infrastructure for gathering, storing, and delivering hydrocarbons to both domestic and foreign markets. In less than a decade, the US shale industry turned the global energy landscape upside down and re-established the US as the global energy leader. The onset of a global pandemic and subsequent drop in oil prices, on the other hand, has taken the momentum out of the shale boom. Due to a sudden drop in demand, the shale industry has immediately self-corrected. Many oil and gas players succumbed to the economic shock resulted from the CoVID-19 and filed for bankruptcy. Chesapeake Energy, a shale leader and once second-largest gas producer in the United States, filed for Chapter 11 bankruptcy protection in late June. According to the United States Energy Information Administration (EIA), the crude-oil output from seven major shale formations in the United states fell by around 56,000 barrels per day (BPD) in August 2020 to just under 7.5 million BPD, which would be the lowest level in two years. The shale industry is closely looped in with the oil and gas industry. The recent downfall of the oil and gas industry during the pandemic has had a severe impact on shale output. Post pandemic, the shale industry peaked, but the industry as a whole lost money. Since 2010, the US shale industry has produced USD 300 billion in net negative free cash flows, damaged more than USD 450 billion in invested capital, and seen more than 190 bankruptcies. With the advent of the coronavirus, the future for shale producers has become even bleaker, with a new bankruptcy filing occurring every week or so in the last few months. The pandemic's effects will be felt far beyond the US shale industry. Despite accounting for less than 10% of global oil and gas output, US shale oil extraction activity accounts for 40% of global shale oil extraction activity and accounts for nearly 100% of the growth in US midstream and export-oriented refining and petrochemical sectors over the last decade. STRATEGIC INITIATIVES DURING COVID-19 · Organization of the Petroleum Exporting Countries (OPEC) agreed on a continuation of March production levels for the month of April, with the exception of Russia and Kazakhstan, which will be authorized to increase production by 130,000 and 20,000 barrels per day, respectively, at their most recent meeting · Saudi Arabia has also agreed to extend its one-million-barrel-per-day voluntary cut for the month of April. · Companies such as Chevron, Shell, Schlumberger, and others have taken initiatives to safeguard their workforce in the ongoing pandemic situation. CONCLUSION On Conclusion, the pandemic has placed the shale industry in a delicate spot as major players are forced to cut down the output. The potential energy landscape in the United States and around the world is highly complex, and its drivers are interconnected. In the not-too-distant future, a wave of consolidation in the US shale industry could be triggered by the poor financial position of many firms and the weak economic outlook. The continuous demand for a ban on fracking, coupled with the effect of COVID, has cracked the shale industry severely. Although, the historic evidence indicates that the shale producers operate more economically. In comparison to 2019, producers in the Permian Basin are saving roughly 20% on good costs.