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Foam Plastics Market to surpass USD 123.7 billion by 2027

Foam Plastics Market was estimated at $102.0 billion in 2019 and is expected to hit $123.7 billion by 2027, registering a CAGR of 3.3% from 2020 to 2027, According to the report published by Allied Market Research. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.

Global foam plastics market report is analyzed across type, application, and region. Based on type, the polyurethane segment accounted for nearly one-third of the total market share in 2019, and is anticipated to retain its dominance by 2027. The polyolefin segment, on the other hand, is expected to manifest the fastest CAGR of 3.9% throughout the forecast period.

Based on application, the building & construction segment contributed to more than one-third of the total market revenue in 2019, and is projected to dominate by the end of 2027. Simultaneously, the automotive segment would exhibit the fastest CAGR of 4.0% during the forecast period.


Based on geography, the market across Asia-Pacific held the highest share in 2019, garnering nearly half of the global market. At the same time, the North America market would showcase the fastest CAGR of 4.2% from 2020 to 2027. The other two provinces covered in the report include Europe and LAMEA.
Covid-19 scenario-
The outbreak of Covid-19 created huge disruptions in the supply chain and with this, the overall manufacturing activities in industries like automotive, packaging, building & construction etc. were hampered significantly, thereby impacting the global foam plastics market negatively.

However, as the lockdown has now loosened off and government bodies in different countries are coming up with relaxations on the existing dictums, the market is projected to recoup soon.

The key market players analyzed in the global foam plastics market report include Alchemie Ltd., BASF SE, Covestro, Hexion Inc., Huntsman International LLC, Repsol, Sabic, the Dow Chemical Company, Total S.A., and Wanhua Chemical Group Co., Ltd. These players have adhered to a number of strategies including partnership, expansion, collaboration, joint ventures, and others to showcase their flair in the industry.


Foam Plastics Market growth is driven by rising demand for polyurethane foam in building insulation for energy conservation, comfort offered by polyurethane foam, and increase in adoption of polystyrene foam in construction activities drive the growth of the global foam plastics market. On the other hand, stringent environment regulations on the use of flexible polyurethane foam impede the growth to some extent. However, production of bio-based polyols is expected to create lucrative opportunities in the industry.

Foam Plastics Market, By Application
Building & Construction
Packaging
Automotive
Furniture & Bedding
Footwear, Sports, & Recreational
Others


About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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Significant COVID-19 Impact on Level Sensors in Semiconductors & Electronics Industry
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MCRX
I'm sorry to inform all those MCR fans but....if you read the description of his video...officially MCR is not having a tour or Reunion....it's just a-release for the anniversary of the black parade at the 10 year mark of its first release.....I was so upset after reading it...like I still freaked when I watch the trailer thinking yes my number 1 group is coming back after 3 years....I started getting teary eyed....but no...they are hitting me hard with the feels... Man they are just like BTS on getting me to cry and feel things...lol Who else was as excited as I was about them possibly getting back together #: @21francoamberco @93yogurt @4dalientae A: @AbbyRoscoe @AimeeH @applecake452 @AdreannaLyn @aliahwhbmida @AmiArt @AyameTenchu @AshleyAndino @amberg171997 @anarose @Alyessiazavala @AlisonYui @ArmyVIPKayla @ammagrande @AlexisRiver @AvisSpirit @AnnieGoodman @aliendestina B: @BtsIsLife @BrendaPham @BetseyBleau @BelencitaGarcia @BulletproofV @BridgetJara @BetseyBleau @baileykayleen @bubblekookie C: @Cassierchiqua @CreeTheOtaku @ChelseaAustin @cutiepandacat @chisom756 @CheyenneJessee @CamrynCherry @CallMeMsDragon @Choijiah @CrystalV @ChelseaJay @CrystalGuerra @catchyacrayon @conversehigh D: @DekaraMiller @DanaAmoi @DiamondGregory @DanaMichelle @DawanaMason @DeyaniraEstrada @drummergirl691 @DesireeChucklez @DestinaByrd @Defy24601 @disorono @DonnaLykaRoxas @divanicola05 E: @EXOAsf @Emealia @EWillsea @elizabeth1234 @Ercurrent @EmilyCayetano @EwSeungkwan @EniorehFrancois @Eliortiz13 @EmmaJolie @exobts947 @EverieMisfit F: @Falselove @funfunbunbun @fionafifimonkey @faith92 G: @gyapittman @Gaarita100 @Gaehwa @Gladness @GeniferEskue @GreciaFlores H: @Helixx @HopeAndSunshine @hopekookie @HyunnieKim @HopeYoongi @heidichiesa @HayleyEastman @hyunsaeng638 @hanheeyoung1126 I: @Ilikepancakes @inuyashagal @IsoldaPazo @IsisMayaVelasco @Ivonvons @Izzy987 J: @jeonjungkook8 @JessicaSchnipke @JayDaeKang @justcallmekyki @JasmineGregory @jojojordy2324 @jjrockstar @jaebumbae @jiminakpop @JackieG1617 @JessicaFigueroa @janessaakemi @JessicaEvaristo @JasminMartinez @jessicacheung97 @JinsPrincess86 @Jinnyrod3 @jgallegos222 @jazzymgriff @JenelleEspinoza @janellym123 @JeniseRamos K: @KatiePrihodiko @Kiyofugi @Kira9404 @KaeliShearer @KaitlynHewitt @KendraReeve @KellyOconnor @kmeier230 @KristinaCaron @KayLeeRose94 @KayLeeRose94 @KassieXiong @klpowell7813 @kcastaneda170 @kpossible4250 @kmayong @KassandraSosa @KarlythePanda66 @KoreanDramaMaMa @KrystaDaricek @KeraDelatorre @KpopQueenaBee L: @LizzyRubyCiss @leelee12 @luna1171 @LemonLassie @lopleaf19 @lashonda0917 @LaurenDimalanta @LysetteMartinez @LunaFergus @Lindseypls @LizaNightshade M: @MaritessSison @MelissaGarza @merryjayne13 @Misschimchim @MykelHobbs @Mikim000 @MichelleRosa @MalihaAhmed @Maddie27 @mrsjeon @MariaMontoya1 @minyoongii @Mikim000 @MichelleIbarra @may99 @MrsChanyeol @MomoChamie @MsLoyalHeart @milcalopez963 @MadAndrea @megancurrent9 @MichelleMonroe @Msrayray95 @mellyortiz @mrsyookihyun @myylifeisnow N: @Nikolmaii @NicoleJolly @ninjamidori @narutobandgeek @NicoleFireRose @NaBi7 @NaimaJeune O: @OliviaZenger @OhItsJas @Orihemay P: @PatriciaS @priscy513 @ParkHwaYoung @Princessunicorn @Princess2328 @pharmgirlerin Q: @QueenLee @QueenLele R: @resavalencia @ReynadeKpop @RKA916 @raenel @RandomName @Rosa420 @RedChord S: @SherrySahar @SugaOnTop @StefaniTre @SummerWhipple @SierraBecerra @SarahIvester @SeventeenBias @shelbiisonfire @syodii @SugaMint @SugalessJams @Sugajin94 @summerblack2 @SindyHernandez @shellyfuentes70 @staceyholley @SusiBosshammer @SugaMint @SaraHanna @szewwy @saraortiz2002 @SamanthaRamdath @sutcheks3 @sarahdarwish @Starbell808 @StephanieAyalah @Stephany123 @Saeda1320 @shelby101 @SamanthaAcosta @SweetDuella @Saeda1320 @SerenaArthurs T: @Tigerlily84 @tiffany1922 @tayunnie @themrshongki @TracyLynnn @TaraJenner @TesneemElAlami @thePinkPrincess @tinathellama @terenailyn @torchix U: @unnieARMkey @usagichan20104 @UnnieCakesAli V: @Valerie816 @VeronicaArtino @vipgirl5 @vlargo @viviano6 @VKookie47 @VIPFreak2NE1 @VatcheeAfandi99 @ValerieAlissaPa @VikaAlex @VixenViVi @VictoriaRose217 W: @wordlesseyes X: @XergaB20 Y: @yaya12 Z: @Zephoria
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During the COVID-19 pandemic, the dissolving pulp and paper market is expecting a decline globally due to movement restriction, de-globalization, loss of income, restriction on import and export of products, restriction in the supply of raw materials, among others. All these factors have impacted the market growth negatively. The COVID-19 has led to the lockdown all around the world, which has impacted the dissolving pulp and paper market tremendously as it leads to lack of availability of raw material, labour shortage, shipping problems, highly inflated prices, and others. The demand for dissolving pulp has increased all around the world, owing to rapid changes in lifestyle. The increasing demand for packaged food and fresh food are the main factors impacting the growth of paper packaging, which ultimately increases the demand for dissolving pulp and paper markets. IMPACT ON PRICE The dissolving pulp and paper product is costly as the machines and technology used to manufacture high-quality products are on the higher side, which makes the end product more expensive. Also, the research for the raw material used is tedious and time-consuming. Furthermore, the maintenance of machines, technology used to make dissolving pulp and paper products add up to additional prices. The fluctuating prices of raw material for dissolving pulp and paper is the main factor restricting the growth of the market. Moreover, after a pandemic, the demand for dissolving pulp and paper products has suddenly increased in various industries, and with rising demand, the prices for dissolving pulp and paper have increased. 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For instance, 路 In April 2020, Sappi launched Ultracast Viva, a textured release paper line made for high-fidelity PVC, PU, semi-PU, and solvent-free casting systems. This new product launch helps in maintaining sustainable practices and environmental-friendly manufacturing and helped the company in enhancing its product portfolio 路 In April 2020, Gulf Paper Manufacturing Company expanded its business by boosting the manufacturing capacity of packaging grades and manufactures tissue in Kuwait. This expansion helped the company in offering more products to their customers to achieve a leading position in the Kuwait market 路 In October 2020, UPM launched UPM SolideTM in the specialty papers category. It's food-safe kraft papers that are recyclable in regular paper recycling streams and used for packaging. This new product launch aimed to produce recyclable products to enhance their product portfolio and to contribute to the sustainable environment The increasing number of launches by the manufacturers to fulfil the demand of end-user industries even during the time of pandemic would boost the market growth even after COVID-19. However, the high prices of the product are one of the major restraining factors for the global dissolving pulp & paper market. AFTERMATH OF COVID-19 After the outbreak of COVID-19 ends, the demand for dissolving pulp and paper would be increasing as there won't be any more restrictions on movement, and the procurement of raw material would be easy, and the manufacturers could easily provide dissolving pulp and paper to the end-users. The presence of a relatively young population all around the world is increasing the demand for dissolving pulp and paper as with growing urbanization, the consumption pattern has changed, and they are more attracted towards packaged and processed food products or ready-to-go meals, which has directly increased the demand for tissue papers or paper packaging products. Additionally, growing concern related to the environment is another factor that would propel the market in the future. Dissolving pulp and paper are sustainable renewable products that help in contributing towards sustainability. Also, to promote sustainability, young consumers are opting for clothes that are made from dissolving pulp and paper to save the environment. Thus, the growing concern related to the environment and the growing need for dissolving pulp in different industries such as textile, food, and others would propel the growth of the market. CONCLUSION COVID-19 pandemic has affected almost all industries, including the dissolving pulp and paper market globally. Also, the COVID-19 outbreak has affected the economy on a global level. The COVID-19 pandemic has led to the lockdown all around the world, which has impacted the demand as well as supply of dissolving pulp and paper products across countries. After the lift of the lockdown, the demand will suddenly increase owing to increase demand for pulp and paper products in different industries such as food, cosmetics, personal care, pharmaceuticals, textile, and others. Moreover, with the growing urbanization, the young population is also opting for on-the-go food, which has suddenly increased the demand for tissue papers which will boost the growth for dissolving pulp and paper in the market. Moreover, the rising concern related to the environment is another factor boosting the growth of the global dissolving pulp and paper market. However, with rising demand, the prices of dissolving pulp and paper products are increasing, which may hamper the growth of the market as it makes it hard to afford high-priced products in developing countries or by middle-class consumers. Therefore, with the rising demand for dissolving pulp and paper in various industries, the market would grow after COVID-19 pandemic is over.
MCR Broke Up 3 Years Ago Today, And I'm Still Not Over It
"The Kids From Yesterday" describes a generation of MCR fans who went through the break up of the century. Yes, we got solo albums from Frank Iero and Gerard Way. Music from Ray Toro and Mikey Way is on the horizon, but what lacks is not the presence of the members, but the presence of the band. When My Chemical Romance called it quits I was a sophomore in college. Long gone were the days of Warped tour and late night listening sessions and here to stay was work, worrying about money and the idea that the future was coming too quick enough for me to catch. Transitional periods are always difficult, no matter where you are or what you're doing. It just so happened that while most of the hardcore fans were just entering college or leaving it. My best friend from high school was visiting for the weekend and when the message went out on MCR's website, a carefully penned letter from lead singer Gerard Way, I broke down into tears. It hadn't been an easy year for me. Lots of new "adult" problems had arisen for me, just like every college kid, and I had been feeling that illusive notion that my childhood was officially over. I remember hugging my MCR poster on the wall, which I had cherished for years before. Nothing could console me. It was like I was mourning the death of everything I had known. Music has that effect on people. When the chips are down, we can always count on our favorite bands to see us through. And though most of us masked our pain in various ways: by drinking a bit too much or partying too long with our friends, it was still there. Visible in many ways. When the shuffle of an iPhone caught the first notes of The Black Parade I had to skip it, because I knew that in the middle of College green, I would be destroyed. Yes, they were a band, and now they are an idea, but they still live on in the times we hear their songs in the car and in the voices of our friends. Don't act like you weren't there too, because MCR fans are a unit, and we still feel each other's pain. Call me emo, call me a baby, but that band had a magnificent impact on my life, and despite what all the people say about growing up and getting over things...I will never get over My Chemical Romance.
Most Importance of Courier Services for your Online Businesses
In business, the pace of progress is so high. To achieve goals, products must move quickly from one place to another. Life is so rapid nowadays, and no one wants to wait for days or weeks for a single thing to receive or deliver. To provide timely delivery, an online business needs a courier service. The time of deliverance at the destination is crucial because it does not matter how instantly you made a product. If it is not delivered on time, it will be a total waste. What is a Courier Service? A courier service aims to send a parcel from one location to the destination as quickly as possible. They can be booked or even paid online just at one touch. A sender can decide whether a courier may collect it or it will be delivered to a nearby location and later be picked up by the courier. It is vital to use a courier service for shipping Canada to transport products safely and efficiently to the U.S. They need an experienced courier service that can provide affordable rates and assistance in customs procedures. Online businesses Most people prefer to manage their businesses online. They engage a large population. Online businesses are beneficial in attracting people across borders. Online business is the new form of business, and it is flourishing rapidly. But one thing that ensures the growth of these businesses is courier service. Sending your product to different areas of the world is troublesome. But a reliable courier service can make the functioning of your business relatively smooth. They are known for their tracking capabilities and super speed of deliverance. Importance of well-grounded courier service A trustworthy courier service works as a backbone for an online business. It acts as a bridge between you and your customer. Many people are still hesitant to trust such courier services. But its importance and benefits are so convincing. Time is very precious, not just for the customer but for the business owner as well. Sometimes, things are time-sensitive that must be delivered on time. In such situations, courier service can be significantly faster than any other method. On-time delivery increases the chances that the customer will come again. There are some susceptible products, and they need proper attention. A reputed courier service gives details on how they will handle the product from picking to transportation. Sometimes you feel restless because of the package, whether it is conveyed to the customer or not. This can be so problematic or even affect your peace of mind. The delivery tracking system is an efficient feature provided by many courier services. That keeps you aware of where your shipment is via email, SMS, or phone calls. Receiving any products after due time or mishandled packages can easily change anyone's mood. The worth of your product drops to zero within seconds. Choosing the exemplary courier service to avoid such an experience is essential. After all, customer satisfaction is the priority of any online business owner. And the reviews from the customers can be a game-changer for the whole business. Common issues There can be some issues related to the courier service, like the delay in delivery of the product or mishandling of the product that can create a wrong impression on the customer. The uncertainty in the location of the shipment might cause a panic attack. Some companies provide the cheapest rates. That can be appealing at first but they compromise on their services.
How COVID-19 Impacted Additive Manufacturing Market in Pharmaceutical Industry ?
COVID-19 Impact on Additive Manufacturing in Pharmaceutical Industry The outbreak of Coronavirus has caused many industries to change the way they operate, and manufacturing industry is no exception. Also, the rise in demand of antiviral drugs was observed along with decrease in demand of drugs for other ailments. The European Fine Chemical Group estimated that 80% and upward of chemicals used in the making pharmaceuticals sold in the Europe region originate from China and India. Everyday millions of patients rely on drugs manufactured and supplied by pharmaceutical industries; shortage of any particular medicine may create chaos. Manufacturers served throughout the pandemic and are still operating to prevent such turmoil. IMPACT ON DEMAND The Coronavirus led to the widespread closure of local manufacturing plants and companies and has badly affected the various region of world. Due to extensive lockdown and isolation the economic activity has affected adversely which has impacted the global economic activity. Manufacturers began to diversify sourcing of raw materials along with investment in spreading production in different regional markets instead of concentrated markets such as India and China. Likely to be long term effect is reindustrialization of pharmaceutical production in countries such as the United States and Europe in order to minimize dependency on imported products, this would lead to rise in demand of additives in above mentioned countries. Moreover the increasing cases of COVID-19 have also paved the way for enhanced demand of additives but due to movement restrictions same decrease in sales was recorded. For instance, 路 In January 2021, BASF SE had no indication of any major effect on the global activities and supply chain of our BASF Nutrition & Health sector comprising of BASF Pharma Solutions, BASF Animal Nutrition, BASF Human Nutrition, BASF Enzymes and BASF Fragrance Ingredients owing to the COVID-19 pandemic. 路 In 2020, DuPont de Nemours, Inc. recorded decrease in earning of excipients sales, which belonged to Nutrition and Biosciences segment. This thus signifies that increasing prevalence of COVID-19 poses a life threatening effect to various types of patients already suffering from several kinds of disease among the most recent known COVID-19 pandemic. Thus the demand of effective treatment option that is antiviral drug has enhanced the supply for short term. This thus demonstrates that COVID-19 is accelerating the demand of additive market. PRICE IMPACT Throughout year 2020 the COVID-19 pandemic caused economic turmoil globally, the pharmaceutical industry in particular had to adapt quickly to minimize the impact on its operations and supply chain of drugs worldwide. Raw materials and additives rates have increased due to reduced supplies and delayed manufacturing plans, and shut downs in some countries. The price of additives and raw materials has increased during the COVID-19 pandemic due to numerous air travel restrictions and inefficiency to supply products. For instance, 路 The shortage has begun to affect API and bulk prices in trades, the average increase in India was reported to be about 10-15%, and is estimated to reach 50% in some cases. 路 WACKER Chemie AG a Germany based company is about to raise its prices for dispersions and solid resins in Europe, Africa and Middle East region stating that this measure has been necessitated by rise in price of raw materials cost in market. 路 The Edelweiss Securities predicted that COVID-19 pandemic would cause severe supply disruptions in pharma sectors causing earing cuts by 15%. But globally pharma companies are performing well, in short term most companies are expected to bounce back in five years. This thus signifies that due to COVID-19 pandemic the price of additives used in pharmaceutical productions have increased due to Coronavirus outspread. IMPACT ON SUPPLY As COVID-19 spreading began in China the surge of medicines has been enhanced due to increasing patient鈥檚 volume which put a pressure over the supply of pharmaceutical additives. Moreover the COVID-19 pandemic has changed the business environment for more organizations across the globe. Around the world many companies are hugely reliant on supplies and production in China. However the market players are adopting several initiatives in order to maintain a continuous supply of additives. For instance, 路 As per the news of September, 2020 this has been suggested that Sandoz is working closely with the Association for Accessible Medicines in order to enhance the global pharmaceutical supply chain. 路 In 2020, Ashland which is an essential supplier, their supply chain continued to operate safely receive, process and ship specialty products during COVID-19. 路 As per November 2020 Merck KGaA a company specialized in additives and chemicals stated that it continued to leverage their business continuity plans including risk mitigation activities, accelerated investments and adjusted production schedules for few high demand products. 路 According to the news of March 2020, Roquette Fr猫res stated that they are working in order to minimize the COVID-19 impact on its supply chain. 路 As per February 2020, FDA closely monitored supply chain with the possibility of potential disruptions in supply of critical medical products in the U.S. Manufacturers alerted FDA about recently added drugs in drugs shortage list. 路 DFE Pharma claims that their continued production and supply during the pandemic was not affected in Netherlands, India, Germany and New Zealand. Apparently due to COVID-19 effects on global transport industry the shipping companies are charging more than usual. This suggests that increasing prevalence of COVID-19 poses threat for maintaining a continuous supply chain of additives while initiative adopted by market players allows them to manage a continuous supply chain. STRATEGIC DECISIONS OF MANUFACTURERS Additive manufacturing companies are taking so many strategic decisions in order to cope up with the current scenario of COVID-19 pandemic. The companies engaged in manufacturing of additive manufacturers are collaborating so as to accelerate the market growth. Companies have already taken several kinds of strategic initiatives in order to cope up with the Coronavirus situation. Strategic initiatives by market players such as Dow, Ashland, Kerry, BASF SE among others in the market will help them to expand their network and supply chain. This in turn will lead to increasing product sales and hence will enhance the overall company鈥檚 revenue. For instance, 路 In May 2020, Dow during the COVID-19 pandemic was working closely with government officials and medical professionals, using guidance to adjust plans as warranted. 路 In April 2020, the U.K.鈥檚 Medicines and Healthcare Products Regulatory Agency (MHRA) published guidelines on Exceptional GMP flexibilities which allow manufacturers to increase their production capability to minimize risk of product shortage using quality risk management principles and to navigate through international travel restrictions imposed due to COVID-19. 路 In April 2020, Lubrizol enabled 1 Billion bottles of hand sanitizer globally every month to increase its Carbopol polymer production, which is used as a thickener. The increasing demand and sales of antiviral drugs are fuelling the growth of additive manufacturing in pharmaceutical market. Thus, companies operating in the additive manufacturing in pharmaceutical market are adopting several strategies, including agreements, market expansion to enhance their business. These strategic decisions by the market players helped them to attain a lucrative growth even during the COVID-19 pandemic. CONCLUSION As the pandemic of COVID-19 has resulted in several restrictions throughout the borders but still manufacturers of additive manufacturing in pharmaceutical are able to manage their stocks. The demand and supply of pharmaceutical products increased rapidly due to given medical emergency. Drug shortage caused due to the pandemic is expected to remain limited this way for a short period, also if the pandemic exceeds the shortage of pharmaceutical APIs, chemicals and additives may persist on causing shortage of supply in long run. This would also effect complications in distribution especially due to population movement restrictions across the globe. Various manufacturers are continuously engaging in constantly monitoring the supply chain so as to attain a lucrative growth. The activities and certain changes from COVID-19 would reduce dependency of private pharmaceuticals on alone suppliers such as China.
Significant Impact of COVID-19 on Bulk Material Handling System in Semiconductors & Electronics Industry
COVID-19 Impact on Bulk Material Handling System in Semiconductors and Electronics Industry The lockdown situation during the COVID-19 pandemic has highly impacted the global economy. Most of the governments from different countries imposed a lockdown to break the chain of coronavirus spread. All companies related to various industries have been shut down except a few dealing with COVID-19 operations such as pharmaceutical, essential goods and services and the food industry. As a result of the COVID-19 crisis, many bulk material handling companies throughout the world have had to either temporarily close or reduce their workforces to prevent the spread of the virus. Through worldwide shortages of goods, it soon was apparent how important the world鈥檚 manufacturing and warehouse productivity is to the economy. In the bulk material handling system market, the business impact eventually proved to be less severe than first anticipated once lockdowns and restrictions were lifted. Nevertheless, the limited access to customers鈥 sites affected both capital and aftermarket sales of suppliers throughout the year. The COVID-19 pandemic highlighted that automation is needed for supply chains to increase efficiency. During the recent period, very few percent of supply chains felt fully prepared for the coronavirus impact. However, the bulk material handling industry can develop this situation with innovation, automation and perseverance. AFTERMATH OF GLOBAL BULK MATERIAL HANDLING SYSTEM MARKET COVID-19 pandemic affected a wide range of industries, from small to large manufacturing companies. It hampered the worldwide demand for solutions in the bulk material handling system market up to a certain extent. Limited workforce and operational restrictions negatively affected the product development life cycle. But at later stages, when lockdown restrictions were lifted, demand got stable up to a certain point. The companies developed different strategies and technologies specific to tackle problems that occurred because of the COVID-19 pandemic. For instance, 路 Daifuku Co., Ltd., a material handling company, stated some measures and strategies to overcome the challenges faced during the COVID-19 pandemic in their annual report 2020. To prevent the spread of COVID-19 and maintain distance from one another required a new approach to service activities for systems post-delivery. Accordingly, they are working hard to use the Internet of Things (IoT), artificial intelligence (AI) and information and communications technology (ICT) to establish material handling systems that never stop or that will be able to recover immediately even if blocked. They will continue to support stable operations of customer facilities by introducing new technologies and services, including remote operation, while ensuring the lives, safety and health of employees and their families. Likewise, many companies have started introducing new technologies and methodologies in the COVID-19 situation to remain better positioned in the market. Losses during this period can be overcome in the future by taking this slowdown to redesign and refresh the business processes and logistics operations. OPPORTUNITIES FOR THE MARKET IN COVID-19 SITUATION Market players have an opportunity to upgrade their operations and prospective for the betterment of their companies. Automation is the key to success in this unpredictable world. Different crises, labour shortages, natural disasters impact a lot on every industry. So being one step ahead of time and understanding the market well will ensure the success of the market player. In this COVID-19 pandemic, many companies adopted process automation and customization as an opportunity to survive and grow. Some of the instances are mentioned below: 搂 Automation to overcome labor shortage: Though recent events have worsened the labor gap, the labor shortage is not new for many industries, as more workers retire and skills requirements increase. Automation offers solutions to some of these problems. Automated Process Equipment Corporation provides solutions and services for bulk material handling companies to overcome labor shortages during this pandemic situation. Super sack handling, accurate measuring, automatic routing, easily reprogrammable controls and electronic record keeping are solutions that will improve automation and reduce the dependency on the massive number of laborers. 搂 Customized Solutions for Booming Market: KWS Manufacturing Company Ltd. partnered up with Coperion K-Tron to provide the solution for the world鈥檚 most significant high-density polyethylene and polypropylene suppliers, which is used in consumer and industrial goods ranging from plastic bags and bottles to N95 medical masks and face shields. Due to the increased demand for polyethylene and polypropylene, expanding the client鈥檚 extrusion line required new loss-in-weight additive feeders and a mixing screw conveyor. KWS and Coperion K-Tron sales and engineering teams collaborated to ensure the extrusion line expansion would be successful. IMPACT ON SUPPLY AND DEMAND COVID-19 has disrupted the supply chain on a global scale. International trade restrictions and customs regulations resulted in longer wait times and a lack of capacity for long-haul deliverables. During this pandemic, the demand for bulk material handling solutions decreased because of the limited access to customers鈥 sites. This affected both capital and aftermarket sales throughout the year. Most of the companies faced challenges in managing on-time project completion and order deliveries. However, many companies took this to redesign their operation and logistic models with digital capabilities to increase operational efficiency and effectiveness in such a period. For instance, 路 ThyssenKrupp AG Company adopted the digitization of their business processes and supply chains in 2019-2020. Their focus was on the introduction of automation solutions which included the new mobile app 鈥淧aperless鈥. This app allowed digitizing day-to-day processes in warehouses such as bookings, preparation of work schedules and material identification. It also created the conditions for using other automation solutions, such as driverless transportation systems, to be used in a new state-of-the-art logistics center for ThyssenKrupp Schulte. Such positive changes and automation in the supply chain will enable the companies to emerge stronger and supply chains that are more resilient to future disruptions. CONCLUSION The global bulk material handling system market suffered losses during the recent period because of COVID-19鈥檚 negative impact on global demand and supply chains. Yearly sales for the market-related products got hampered due to limited access to customer鈥檚 sites. But relaxation in lockdown regulations after few months helped the market to somewhat come back on track. However, many companies started building new technologies to overcome supply chain problems in pandemic situations. They adopted digitization and automation in day-to-day business processes and supply chains. Although it will take some more time for companies to come back on track, this period made everyone realize the need for up-gradation in many business aspects.
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Marketing Digital para cl铆nicas e consult贸rios m茅dicos
Assim como qualquer neg贸cio, cl铆nicas e consult贸rios dependem de clientes, para se manterem sustent谩veis. Para atrair novos pacientes, existem diversas formas: indica莽茫o de outros pacientes, parcerias com neg贸cios locais, conv锚nios com planos de sa煤de, entre outros. No entanto, quando pensamos em estrat茅gias online, o marketing digital funciona muito bem para cl铆nicas e consult贸rios, pois permite uma divulga莽茫o em escala para potenciais clientes qualificados. Confira abaixo algumas dicas de marketing digital para cl铆nicas e consult贸rios oferecidas pela ag锚ncia Marketing Objetivo, empresa com cases de sucesso em empresas da 谩rea da sa煤de. Estrat茅gias de Marketing Digital para Cl铆nicas e Consult贸rios Com estrat茅gias de marketing digital, 茅 poss铆vel criar a莽玫es para atrair pessoas que est茫o buscando por tratamentos exatamente na 谩rea de atendimento das cl铆nicas e consult贸rios. Por exemplo, com gest茫o de tr谩fego pago, 茅 poss铆vel apresentar informa莽玫es sobre o seu estabelecimento para pessoas interessadas, quando estiverem navegando no Google, Youtube, Instagram, Facebook e outras redes. Outra estrat茅gia de marketing online que funciona muito bem para cl铆nicas e consult贸rios 茅 a cria莽茫o de conte煤dos educativos, conhecida como marketing de conte煤do. Nessa estrat茅gia, devem ser criados conte煤dos relacionados 脿 谩rea de atua莽茫o das cl铆nicas e consult贸rios, com temas do interesse do potencial cliente. Alguns exemplos de conte煤dos que podem ser criados: Apresentar origens, sintomas mais comuns e poss铆veis tratamentos dos problemas de sa煤de dos pacientes; Hist贸rias e casos de sucesso dos m茅dicos; Curiosidades sobre a 谩rea de atua莽茫o da cl铆nica ou do consult贸rio, que forem relevantes aos pacientes; Dicas de cuidados com a sa煤de; Indica莽茫o de livros, artigos, not铆cias, filmes e outros conte煤dos relacionados aos problemas de sa煤de tratados na cl铆nica ou consult贸rio. Esses conte煤dos podem (e devem) ser publicados nas redes sociais, no canal do Youtube, no Google Meu Neg贸cio e no site da cl铆nica ou consult贸rio. Quanto mais 鈥渆spalhado鈥 estiver o conte煤do, mais chances ele ter谩 de ser visto pelos potenciais clientes. Quando a publica莽茫o dos conte煤dos ocorre nas redes sociais, alguns cuidados extras podem acelerar o alcance das publica莽玫es. Uma boa gest茫o de redes sociais deve incluir pesquisas de hashtags, identifica莽茫o dos hor谩rios de pico da audi锚ncia, assuntos preferidos pelos seguidores, an谩lise de concorr锚ncias, antes de postar no Facebook, Instagram e outras redes. Se voc锚 desejar saber mais sobre estrat茅gias de marketing digital para cl铆nicas e consult贸rios, acesse o site https://marketingobjetivo.com.br/ e entre em contato com a ag锚ncia.
Impact of COVID-19 on Mini Cranes Market in Semiconductors & Electronics Industry
COVID-19 Impact on Mini Cranes Market in Semiconductors and Electronics Industry ANALYSIS ON IMPACT OF COVID-19 ON MINI CRANES MARKET The COVID-19 pandemic has influenced the whole planet with its significant impacts on the economy and businesses across the globe. The COVID-19 spread worldwide in unprecedented ways due to its high infectious and contagious nature and lack of availability of its vaccine. As a result, the most significant medical challenge in the 21st century is yet to be faced by physicians worldwide. Though the emergence of the virus can be traced back to Asia, many European countries and the U.S. have been struck massively by the pandemic. The virus has spread across all regions ranging from North America, Europe, Asia-Pacific, Middle East and Africa up to South America. The COVID-19 has been declared a pandemic by World Health Organization (WHO) due to its increased spread across the globe. After the declaration of the pandemic, various countries announced the complete lockdown, such as India, China and other Asian countries, to decrease its spread. The economies have been affected adversely as most of the trade and economic activities came to a halt. The unemployment rate has grown due to the impact and the global GDP fell by -3.5%. According to the situation report of 7th June 2021 by World Health Organization (WHO) stated 174 million cases of corona had been reported globally and 3.7 million patients are dead due to the coronavirus. On a slightly positive note, 157 million people have recovered and a total of 1.9 million vaccine doses have been administered as well. A crane is a machine used to lift and move heavy loads, machines, materials and goods for various purposes. They are used in all different industry sectors, from construction to manufacturing to shipbuilding and material loading. Cranes are common along skylines as they are necessary to build the skyscrapers we so often see in our cities. Mini cranes are relatively small cranes that can move through passages and can be used indoors. Some are also battery-powered and are remote-controlled. These are used indoors for lighter weights of around one tonne. The mini cranes can range from a straightforward lever pulley system to be mounted to a full-fledged machine with a motor and retractable boom for extended reach and mobility. Some mini-cane manufacturers are Hoeflon International B.V., Jekko s.r.l. and MAEDA SEISAKUSHO CO.,LTD. among others IMPACT ON DEMAND AND SUPPLY The mini crane companies have been affected severely as the demand for new cranes has gone down as the construction work has been halted in the pandemic due to the lockdown imposed by most countries. The companies also supply cranes on a rental basis which has seen a decline, but some crane rental services could secure essential services categories based on the clients. As seen from the graph below, the used cranes sold in 2020 saw a decline, but the decline was not steep as the cranes are used, which states that the demand for cranes rose in the last quarter of the year but due to the lack of availability of new cranes and cost cuttings companies turned to used cranes. This demand is driven by a lack of new crane availability and price increases due to higher raw material costs and supply chain delays. For instance, 路 In September 2020, Kate Lampson, director of PR and communications at Lampson International, stated that due to the type of customers they have and the industries that we service, Lampson International was deemed an essential business initially of the pandemic. Since then, they have been able to remain open and run the business as usual. In terms of upcoming projects, most current and future projects have stayed on schedule, with only a couple seeing delays. IMPACT ON PRICE With used crane sellers experiencing high demand, the supply can be an issue. At Bigge, they have also seen an increase in the price of used cranes. Kraaijeveld finds that there is currently an oversupply of used cranes in the Middle East, especially crawlers, due to delays and cancellations of oil and gas projects and a lower number of infrastructure projects. Prices dropped in June 2020 but rebounded in March 2021. The pricing of used equipment is up 7.8% and is predicted to climb past pre-pandemic levels, as stated by Ganzell. The internet has transformed the crane auctions market, with online sales growth for years. Ritchie Bros. said that before 2020, 70% of its global auction sales were already taking place online and only 30% were onsite in its auction theatres. But the pandemic has accelerated the transition. STRATEGIC INITIATIVES TAKEN BY MANUFACTURERS The COVID-19 has hit the infrastructure industry and halted all the work abruptly in which the rental and new crane demand saw a steep decline at the start of the pandemic. This meant that the rental cranes have to be returned and new purchases were halted. The rental cranes had to be replaced and set up again if and when the work resumed to reduce costs. The government provided support in the form of investment in infrastructure and some service providers also received the essential services category, so they were able to continue the work. For instance, 路 The mobile crane market in Australia and New Zealand performed well in 2020, despite the direct and indirect effects of the pandemic. In the case of Australia, the government has played a vital role in Sotiris Kanaris's reports. Apart from the effectiveness of its policies that allowed the economy to restart reasonably quickly, the Australian government's investments in infrastructure also had a positive effect on the crane market. Through the strategy, the government says that approximately USD 1.50 billion in new funding will be invested over the next four years to make Australian manufacturers more competitive, resilient and able to scale up to take on the world. 路 Abu Dhabi, UAE-headquartered NFT specializes in the sale and hire of tower cranes. In September 2020, Nagham Al Zahlawi, deputy general manager at NFT, said: "The COVID-19 has delayed a lot of projects, has put some significant tenders on hold and most importantly has delayed payments from clients. From April to May, 90% of our clients have either stopped paying or requested to re-negotiate rates agreed upon and signed before the pandemic hit or have asked us to remove the months where there was a lockdown. CONCLUSION The pandemic has taken a toll on every aspect of life, including the global economy. With the significant downfalls in many sectors, a collaborative effort of government, industry players and consumers can win the fight against COVID-19. The mini cranes market, majorly driven by the infrastructure projects, was impacted at the pandemic's start due to the lockdown imposed. Some rental crane service providers having the essential services category were able to survive the situation. As seen from the instance, various governments all over the globe are helping the market by investing in infrastructure. The demand for the mini cranes market is steadily rising as the projects are resumed and should stabilize soon.