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How COVID-19 Impacted oon Aircraft Seat Actuation System Market in Automotive Industry ?

The COVID-19 pandemic has influenced the whole planet with its major 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 greatest 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 along with 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 as 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. According to the situation report of 7th June, 2021 by WHO stated 174 million cases of the corona have been reported globally and 3.7 million patients are dead due to the coronavirus. On a slightly positive note, a total of 157 million people have recovered and total of 1.9 million vaccine doses have been administered as well.
Actuators convert electrical signals to mechanical movements. Seat actuation system in aircrafts enables passengers to adjust their seating position as per their comfort level. Seats are powered and adjustable between various seating positions depending upon passenger’s requirement. Aircraft seat actuation systems also allow passengers to adjust environmental conditions around their seat such as lighting and temperature, watch movies and adjust their head and foot rest.
The COVID-19 pandemic has affected the aircraft seat actuation system market significantly. The persistence of COVID-19 has affected the aviation sector and hence disrupted the travelling and movement facilities which were previously available for citizens of any economy.
STRATEGIC DECISIONS BY MANUFACTURERS OF AIRCRACT SEAT ACTUATION SYSTEM
The financial condition and results of operations have been adversely affected by seat actuator manufacturing companies. This pandemic had forced the governments around the world to implement stringent measures to help control the spread of the virus. As a result, global demand for travel had declined in the year 2020 at a rapid pace and has remained depressed since then. This impact of COVID-19 had continued to evolve and the shape and speed of recovery for the commercial aerospace still many industry’s growth remains uncertain. Few challenges have been faced by manufacturers of aviation companies. Such as,
· Partial or full closure of offices or manufacturing facilities, either voluntarily or in response to government had affected the production line.
· Lower production capacity and labor productivity due to employee illness, loss of key personnel, inability to travel, or the implementation of government mandated or voluntary preventative measures such as reductions in operating hours.
· Liquidity challenges including an inability to pay suppliers and vendors.
All these unfavorable situations had affected the global economic and capital market conditions of seat actuator manufacturing companies, which further forced the manufacturers to take few measures in order to reduce the impact of this volatility through diversification of markets and expansion. With this, few seat actuator manufactures had pursued business opportunities from other markets, taking advantage of its technical design expertise and manufacturing capabilities.
For instance,
Astronics Corporation had reported significant concentration of business with their two major customers; Panasonic Avionics Corporation (“Panasonic”) and The Boeing Company (“Boeing”). Sales to Panasonic accounted for 11.1% of sales in 2020, 13.0% of sales in 2019, and 14.4% of sales in 2018. Also the company reported that the loss of Boeing or Panasonic as major customers may have significant reduction in business with either of those customers would reduce our sales and earnings. In 2020, they had a concentration of sales to Boeing and Panasonic representing approximately 9.5% and 11.1% of our sales, respectively. The loss of either of these customers or a significant reduction in business would significantly reduce the sales and overall earnings of the company.
In addition, the commercial airline industry is highly cyclical and sensitive to such things as fuel price increases, labor disputes, global economic conditions, availability of capital to fund new aircraft purchases and upgrades of existing aircraft and passenger demand, all of which have been significantly impacted by the ongoing COVID-19 pandemic. A change in any of these factors could result in a further reduction in the amount of air travel and the ability of airlines to invest in new seat actuating system in aircraft or to upgrade existing aircraft. These factors would reduce orders for new aircraft and hence, spending for cabin upgrades for which the manufacturing companies’ supplies their products, thereby reducing the overall sales of the companies.
IMPACT ON THE DEMAND AND SUPPLY OF AIRCRAFT SEAT ACTUATION SYSTEM
When the pandemic emerged, all the sectors including the aviation sector have been adversely affected due to government restrictions for travelling and movement.
The commercial aerospace industry, in particular, has been significantly disrupted, both domestically and internationally. The aviation industry has the huge growth potential to help the country’s economic growth but due to lockdown imposition, the companies’ manufacturing of aircraft parts had been adversely affected owing to less number of order received and severe financial crisis. These factors are responsible for slowing down of the production facilities permanently. During this unprecedented time, various companies are experiencing disruption in production capacities due to movement of labor to their native villages, non-travelling of passengers, and customers defer delivery of new aircraft. This has overall, reduced the demand of aircraft seat actuation system significantly. The impact of the COVID-19 crisis distanced more than 1 billion passengers in the year, 2020 as compared to the projected baseline representing a decline of around 64.6% of total global passenger traffic.
As Alexandre de Juniac, IATA’s Director General and CEO said, ‘’Last year was a catastrophe. There is no other way to describe it. What recovery there was over the Northern hemisphere summer season stalled in autumn and the situation turned dramatically worse over the year-end holiday season, as more severe travel restrictions were imposed in the face of new outbreaks and new strains of COVID-19”
Aircraft seat actuation systems provide comfortable seating for the passengers in commercial as well as private aircraft. But as the COVID-19 pandemic continues, demand for spare parts is also down because of low maintenance requirement level. While production may slow for the same reasons as in aircraft manufacturing, demand over the next two years is unlikely to be affected since few manufactures are facing severe financial crisis. Additionally, supply of aircraft pneumatic seat actuation system parts such as electronic components, position sensors, and arresting brakes have been depressed due to the ongoing pandemic.
For instance,
According to the European Aviation Safety Agency (EASA) and Federal Aviation Administration (FAA) regulations, commercial aircraft with 9G seats will no longer be permitted to operate in the next few years. The board had framed these regulations on the requirement for aircraft to have stronger seats, which must be designed to increase the survivability of passengers and flight attendants during accidents. These had also posed a challenge for airlines in terms of cost and time as many of them do not have the budget to replace seats of all older aircraft with new ones.
CONCLUSION
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.
While most of the companies have shown resilience by innovating technologies in real time, and demonstrating the tremendous value of the manufacturing network to customers and partners around the world, by partnering & collaborating together, seat actuator manufacturers are developing technologies and capabilities either internally or through acquisition to provide innovative solutions to the aerospace, defense and other markets where their technology can be beneficial even in this unprecedented time. This would create opportunities for the companies to deploy capital growth in the business and thereby surviving & wining in the market place in these uncertain times.
The COVID-19 pandemic has changed the entire business scenario of aviation sector. The commercial airline industry has been severely affected by factors such as travelling restrictions, fuel price increases, labor disputes, global economic conditions, availability of capital to fund new aircraft purchases and upgrades of existing aircraft and passenger demand.
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Significant Impact of COVID-19 on Bulk Material Handling System in Semiconductors & Electronics Industry
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It is very fast and user-friendly. 6.  MalwareFox Anti-Malware MalwareFox Anti-Malware is very under-rated, but the security suite is pretty advanced. According to the company, MalwareFox can detect and remove malware that even the most well-known anti-virus and anti-malware application fails. Once installed, it actively monitors every process and apps while running in the background. It also protects your PC against keyloggers, Etc. 7. Dr.Web Cure It! Malwarebytes Alternatives For Windows It is another best free security tool that you can use on Windows 10 computers. Guess what? Like Malwarebytes, Dr.Web Cure It! also scans and removes various threats like malware, rootkit, and Trojans from your computer. It’s a portable tool that needs no installation. That means you can easily carry Dr.Web Cure It! on Pendrive to scan another computer as well. FAQ (Frequently Asked Questions) Q 1. Is there a better alternative to Malwarebytes? The best alternative is Spybot – Search & Destroy, which is free. Other great apps like Malwarebytes Anti-Malware are AdwCleaner (Free), Microsoft Defender (Free), Avast Free Antivirus (Free Personal) and HitmanPro (Paid). Q 2. Is Malwarebytes good 2021? Yes, Malwarebytes is safe. It has a decent antivirus scanner, real-time protection that offers multiple layers of protection against malware, system vulnerabilities, and online threats Q 3. Is there a truly free malware removal tool? Avast Free Antivirus offers free, real-time anti-malware protection. Conclusion: If you’ve any thoughts on the Best Malwarebytes Alternatives for Windows 7 in 2021, then feel free to drop them in the below comment box. Keep visiting our website: Trustedgyan for new updates. I hope you like this post so please share it on your social media handles & Friends. 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How COVID-19 Impacted on Intelligent Vending Machines ?
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AFTERMATH STRATEGIES FOR INTELLIGENT VENDING MACHINES MARKET AND GOVERNMENT ROLE The COVID-19 pandemic was not predicted by any government to be ready for. The pandemic resulted in many changes brought by the government to the usual norms of operations for multiple industries around the world. The pandemic affected the market and consumer behavior, this created volatility in the economy. Smart vending machines are the next evolution of retail because they allow the business to reach customers in new locations and new ways. They also serve customers with ease and efficiency by only displaying what selections are in stock. For instance, § Vending machines of Azkoyen will be installed in the new AVLO trains, the low-cost high-speed train. These vending machines will provide drinks and snacks to more than 400 Avlo passengers with their automation. OPPORTUNITIES FOR THE MARKET IN COVID-19 SITUATION To improve and reinforce the services of traditional vending machines, AAEON has provided an intelligent solution to facilitate their functions. Ideally, smart vending machines integrate seamlessly with important systems including commerce, ERP, operations, and inventory management. The industry is now growing towards API-driven, headless commerce supports integration with any touchpoint. For instance, · The smarter solution, called brainy, offers an exceptional shopping experience. Along with the coming of the Internet of Things (IoT) age and its increasing prevalence in our daily lives, Brainy supports Intel Realsense technology through AAEON’s “UP” board, a credit-card-sized single-board computer. STRATEGIC DECISIONS FOR SERVICE PROVIDERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE The market players are now taking many strategic decisions to gain their market share and profit after COVID-19. Strategic decisions such as mergers & acquisitions and technological innovations are helping market players to regain their share. The companies are converting their intelligent vending machines into unmanned retailers with limited space and this strategic decision will help the companies to boost their sales as these kinds of vending machines are capable of dispensing any goods irrespective of their size and shape. The integration of IoT in vending machines will help companies to increase their sales. DEVELOP NEW SOLUTION The Intelligent vending machines will need to be staffed differently to cater 24*7 to provide service. The companies are developing new solutions by strategic partnership and collaboration. OFFER NEW SERVICES TO MANAGE THE INTELLIGENT VENDING MACHINES SOFTWARE The companies are trying to offer new services to the customers with the help of new strategies and opportunities and also due to recent development in vending machine products and services. By maximizing the operational opportunities to minimize the cost, the companies are investing in R&D to improve their services. The use of vending machines allows businesses to operate 24 hours a day 7 days a week. OTHER GROWTH OPPORTUNITIES FOR MARKET PLAYERS TO PURSUE IN 2020 The vending machines and micro-markets leave a space for a solution that has significant potential growth. This type of machine will include a full micro market with a reasonably large number of SKUs. Several North American and European operators are offering such solutions. IMPACT ON PRICE The lockdown imposed by the government of the countries had adversely impacted the prices of the intelligent vending machines services due to the implementation of remote working. The prices of the services have been increased as the software has been shifted to the cloud which has resulted in increasing physicals security. The prices of the vending machines have been increased as now the traditional vending machines have been replaced by automated vending machines which incurred high cost and ultimately affect prices. A vending machine is a retailer with limited space and such engineering requires high cost which will increase the prices of the intelligent vending machines. IMPACT ON DEMAND The pandemic has caused a decrease in demand for vending machines. With the fast converting life of the population and digitalization in vending machines such as IoT, the companies are under the transformation of their products such as cashless payments and safe products delivery which will eventually help in increasing demand. The COVID-19 has impacted the demand for the vending machines as the employees started working from home. 80% of the vending machines were majorly located at offices and workplaces which are closed and ultimately causing a failing economic activity. The healthcare industry has not seen a much decline in vending machines as they are essential for healthcare personnel. The overall COVID-19 has impacted the demand for vending machines negatively. For instance, · The Azkoyen Group, a leading Spanish technology offers automated vending machines has received an award. The award is regarding the best vending machine supplier and has great technology of automation. IMPACT ON SUPPLY CHAIN The COVID-19 pandemic has affected the market but the services are now shifted towards cloud platform which is very easy and flexible to use. These cloud platform services also save the cost of the companies as they are paying as you use services but this has increased intelligent vending machines and services. The COVID-19 has also affected the supply chain of intelligent vending machines which results in the loss of the industry. Due to lockdown imposed by the states and taking into consideration the safety, the installation of the intelligent vending machines was on hold as the supply chain was hampered. The cost of supplying machines and their spare parts were also increases which ultimately increases the prices of intelligent vending machines. CONCLUSION The micro-markets are not only for traditional vending machine operators. By the nature of operations and data management, the micro-market can be an ideal solution for retailers wishing to expand beyond the store and allow customers 24/7 availability of the products. The digitized systems, equipped with a large number of sensors and available data will become a rich source of data to be analyzed for the stakeholders which will help in finding trends and growth. The different innovations in vending machines such as the integration of IoT which supports cashless payments, safe delivery are the market opportunities. Companies are now simplifying convenience by using such technological innovations. The market is now moving towards unmanned retail stores due to pandemics which can be a great opportunity for the vending machine market as they can deliver goods and any packaging units. The growth of the market will be slow after the pandemic but it will surely rise and will gain popularity.
Tips to Increase Remote Employee Engagement
Many companies are now seeing the advantages of remote workforce engagement, which is leading to increased adoption. Many businesses find it appealing to recruit and retain highly competent staff in locations where they wish to reside. And employees love the ability to work remotely for most or all of their working day while still enjoying competitive employment conditions, including salary levels and benefits. From Fortune 500 companies to small businesses, there are many reasons why people choose to work remotely. Remote workers have more flexibility and autonomy over their schedules which makes them happier employees overall. Businesses save money on office space costs since they don’t need as much space for their employees anymore! However, employees who work remotely are more productive. This is the most obvious benefit of a remote team. People who work from remote places tend to be able to get their work done more quickly and avoid wasting time on distractions like office chatter, gossip, bathroom breaks, etc. When people can focus better, they create better results. Thus, better management of remote employees contributes in the following ways to accelerate your business growth- · Better retention of employees · Enhanced productivity · Improved client satisfaction · Increased innovation · Greater business reach · Better talent acquisition Ways to Increase Remote Employee Engagement - 1. Encourage social interaction 2. Promote knowledge sharing sessions through virtual meetings 3. Encourage peer-to-peer feedback 4. Assist your employees with the right tools to work 5. Give employees the flexibility to work How to manage remote employees with WorkStatus? The WorkStatus is a web-based project management software that is one of the most popular functions. It allows teams to make the most of their time together by setting working hours and task durations. One of its features is that it will enable you to determine when someone is at work, what they’re doing, and where they are. Workstatus’ remote employee monitoring service can help businesses save money, productivity tracking, manage projects, and track the time and engagement of an off-site team. You can easily manage your remote employees with WorkStatus as it provides the following benefits- · Track employee engagement with data and reports. · It automates project management. · Easy to control and view the system of remote workers. · Track tasks, time, costs, projects and manage the schedule. · Conduct interactive coaching sessions with workers across the globe. Sign up today to claim your free trial of employee monitoring software here - https://bit.ly/37AhKLB SOURCE : 7 Tips For Managers to Increase Remote Employee Engagement
Significant COVID-19 Impact on Predictive Maintenance in ICT Industry
COVID-19 Impact on Predictive Maintenance in the Information and Communication Technology Industry The pandemic began with its epicenter in China in 2019 and has been continuously spreading by then to all over the globe. So far, 216 countries and territories have been affected by COVID-19. The COVID-19 cases reached various countries that have strong dominance in the worldwide market and have adversely affected economic growth globally. The spread of coronavirus has led to severe disruption such as global recession. Many organizations are being forced to take stringent actions for their employees and staffs, as small and medium businesses are being shut down, and manufacturing and production facilities are being put on hold for a longer period of time. However, the demand for food and beverages witnessed huge growth, but this has also, increased the shortage of supply chain owing to the panic among people. Similarly, the demand for the pharmaceuticals, chemicals, and healthcare industry also increased as new solutions and medicines are introduced for preventive measures. There has been disruption in the supply chain of many industries due to restrictions in logistics and closing of manufacturing facilities. In addition, the slowdowns in the economy have lowered the spending capability of individuals, and people are saving money for emergencies. Predictive maintenance refers to the data-driven, pro-active maintenance methods to analyze the condition of equipment and help predict when maintenance should be performed. The COVID-19 pandemic has had an impact on the technological sector as well. The disruptions in the production and supply in the hardware sector have significantly impacted the developments in the IT industry. The pandemic has resulted in health threats for humans in the manufacturing sector which incurs severe disruptions and complex issues to industrial networks. The initial part of the pandemic witnessed the slowdown in the businesses providing solutions and services. But the latter part saw increasing investments in analytics, collaborative applications, security solutions, and AI by many players in the market to sketch out a sustainable way of carrying on business activities amidst the pandemic threat. The pandemic has disrupted the industrial networks and manufacturing, including supply disruptions and demand-side shocks. Quarantines and health risks impacted the suppliers and global transportation, which affected the manufacturing sector. For instance, For the year 2020, manufacturing, and production was affected in 938 of the Fortune 1000 companies in China due to the disruptions faced by the tier 1 and tier 2 suppliers. This has affected the abilities of many companies to ramp up production. This created the need in the market to enhance manufacturing processes to make them robust and sustainable to the market anomalies. These factors increased the demand for analytics professionals, business intelligence professionals, and applications of technologies such as AI and ML for predictive maintenance to make the manufacturing system agile and increase the production capacity. IMPACT ON DEMAND AND SUPPLY CHAIN AND LONG-TERM STRATEGIES ADOPTED BY MANUFACTURERS Digital transformation has been the area of focus for a long time now for businesses. The COVID-19 pandemic has led many manufacturers and organizations to intensively invest in technologies across multiple business lines to sustain themselves in the disruptive market. For instance, a 2020 Deloitte Industry 4.0 survey states that out of the 361 executives surveyed across 11 countries, 94% report digital transformation as their organization’s top strategic initiative. With the easing regulations and life coming back to normalcy, the manufacturing sector is witnessing growing demand to ramp up production around the globe. Businesses are looking to maximizing throughout and increasing efficiency. Industries are increasingly adopting analytics to make manufacturing more resilient. Preventive maintenance is one of the important processes helping businesses to optimize efficiency. To meet the growing demands and to make up for losses, the industries are looking to produce in 9 months what they earlier did in 12 months. This has made it important to reduce downtimes in manufacturing plants, and the adoption of predictive maintenance is believed to play an important role in the direction. For instance, according to an ITIF research report, manufacturing productivity increases by 10-25% with IoT applications for monitoring machine utilization and maintenance. The increasing adoption of this technology will produce up to USD 1.8 Trillion global economic value by 2025. Industrial automation had been the focus of many manufacturers around the globe. The incorporation of IoT and technologies such as AI, Big data, and ML has been at the forefront for business owners and organizations to transform their business digitally. Manufacturers are gaining a strategic edge in the market in uncertain pandemic times, and are increasingly adopting predictive maintenance technologies to reduce the company’s maintenance costs, reduce unplanned outages, and extend machinery life by years. For instance, according to a 2020 survey by Deloitte, factory equipment maintenance costs can be reduced by 40% using IIoT based predictive maintenance technologies. This will help generate an economic value of USD 630 billion annually by 2025. 55% of the businesses surveyed have already implemented pilot predictive maintenance projects. The pandemic has forced employees to work from remote sites complying with social distancing norms. The manufacturers are intensively implementing IoT devices and digital transformation for providing the employees the ability to share and receive data and insights of the manufacturing floor in real-time to handle operations and monitor machine conditions. This has enabled agile decision-making, efficient operations, and avoiding unnecessary human presence on the site. The manufacturers are continuously developing new products, partnerships, collaborations for the predictive maintenance market. The initial stages of the pandemic saw a disturbance in the global supply chain. Limited manufacturing capacity and congested transport routes disturbed the supply ecosystem and impacted the costs of the end products. The disturbance has also been due to the restrictions imposed on logistics by various governments which affect raw material supply. The trade war between the U.S. and China has put a strain on the supply chain of electronics in the market, which is an important raw material for the home automation product manufacturers. For instance, In 2020, according to a survey by IPC, a trade organization dedicated to advocacy, education, and support for the electronics industry, around 69% of survey respondents had received warnings from their suppliers about shipment delays. The average delay between February to March 2020 was about three weeks. PRICE IMPACT The COVID-19 lockdown imposed by the government of the world had impacted the prices of predictive maintenance services. The increase in supply chain costs automatically increased the hardware cost around the world, in the beginning of the pandemic due to congested shipment routes and other factors. The lack of workforce and restriction on travel impacted the service sector and hence impacted the prices. The increased demand for the predictive maintenance in multiple sectors of the industry will impact the prices of the service. CONCLUSION The COVID-19 has not only attacked the health of human lives but has adversely affected the economy globally. There is a recession worldwide, and various industries have been affected due to it. Many manufacturing industries are being temporarily closed, and workers are being advised to work from home. Organizations and enterprises had to make a difficult decision in regards to staff, which are often unavoidable if businesses need to reduce costs quickly. Machine maintenance became harder in the manufacturing sector due to lack of staff in the pandemic, travel restrictions, and the shift to working from home as a standard procedure, making it difficult to have routine inspections and on-site maintenance. This forced the organizations to move towards technologies such as predictive maintenance and develop a more resilient manufacturing unit. The focus was diverted majorly towards remote maintenance, manufacturing cost efficiency, and preventing unplanned downtime. This boosted the adoption of preventive maintenance practices in industries. For instance, according to the UpKeep 2021 report, maintenance and reliability teams have remained financially stable during the COVID-19 period. Of all the maintenance teams surveyed, 66% say their budget is either staying the same or increasing in 2021.
How COVID-19 Impacted on Household Cleaners in Chemicals & Materials Industry ?
COVID-19 Impact on Household Cleaners in Chemicals and Materials Industry INTRODUCTION Household cleaning products play an essential role by safely and effectively removing soils, germs and other contaminants. Household cleaners prevent the spread of infectious diseases and control allergens such as dust and mold, helping us to stay healthy. Surface cleaners, scouring pad, toiler cleaners and others are some of the common type household cleaners. There main purpose is to keep house fresh and clean. The different types of Household cleaning products are - Abrasives Abrasives are materials which wear off dirt by rubbing surface. Rottenstone, whiting, pumice, volcanic ash, quartz, marble, feldspar, and silica are prime examples of an abrasive. Plastic or nylon mesh is the finest abrasive, and the finer an abrasive, the less damage to the surface being cleaned. Acids Acids are beneficial in removing hard-water deposits, discoloration from aluminum, brass, bronze, and copper and iron rust stains. Strong acids also eat away clothing, leather, skin and some metals. Alkalis Alkalis are soluble salts which are effective in removing dirt without excessive rubbing. They are good grease removers because the alkalis form an emulsion. The particles of alkalis do not separate from the rest of the liquid due to which alkalis are not redeposited on the surface being cleaned. Alkalis readily remove oily dirt. Bleaches Chlorine generally is the most common bleach used in household cleaning products. However, new non-chlorine bleaches are becoming more popular, mainly because they are safer to use and store. Detergents Some laundry detergents may be used for housecleaning jobs. Detergents loosen dirt and soluble phosphates are added to detergents which help to remove oily dirt. Home Sanitizers Sanitizers are chemicals that reduce the number of bacteria and often are used in cleaning bathrooms and washing dishes. Sanitizers also help deodorize surfaces because they kill odor-producing microorganisms. Spirit Solvents Most polishes and waxes for wood furniture and floors contain a spirit solvent. Solvents are similar to the fluids used in dry-cleaning processes as products are used to remove oily dirt. Household cleaning products containing antibacterial cleaners, not only remove dirt and soil, but also can kill the germs which cause illness. Chlorinated cleaning products can help protect against seasonal flu outbreaks and incidence of foodborne illness. Daycare centers, hospitals, restaurants and other public facilities rely upon the disinfectant qualities of chlorine-based cleaners to keep the environment germ-free. Chemicals used for cleaning and in cleaning products, such as laundry detergents, bleaches, dishwashing products and other household cleaners, help improve cleaning efficiency, making the environment more hygienic. Cleaning solvents are also common household cleaning products. For example, glycol ethers are highly effective as an active component of heavy-duty glass, floor and other hard surface cleaning formulations. Household cleaning products posses high solvency for greases and oils, good water compatibility and good biodegradability. Restraining factor for household cleaners is according to Environmental Working Group, about 53% of cleaning products contain ingredients that are known to irritate the lungs and 22% of products contain chemicals reported to cause asthma, even in healthy people. Household cleaners involve harmful compounds which can also accumulate on surfaces in the house, creating health risks as members of the household are exposed to them daily. Eventually, these compounds end up getting flushed down drains and deposited into water sources, causing environmental concerns as well.. COVID-19 IMPACT ON GLOBAL HOUSEHOLD CLEANERS MARKET Rapidly rising COVID-19 cases and the expectation of curbs on movement in the early stage of the pandemic provided a rationale for consumers to build up essential goods stocks as a precautionary measure, for instance, the need to quarantine or significant supply disruptions. Across the world, countries have responded to the COVID-19 pandemic with the introduction of restrictions on mobility, travel, and social contact. In the run-up to the adoption of these measures there were widespread reports of people engaging in panic buying, with resulting shortages raising concerns about the sustainability of the food system and people's ability to access the products they need. Several large industries were on lock down during the COVID-19 due to which the production in the industries has fallen. As a result, increasing demand of household cleaners was not fulfilled by manufacturers. The machines or equipment in the industries are running at 25%-30% of their capacity due to less availability of labor and raw material which are used for the manufacturing of the household cleaning products. The COVID-19 has created the challenge for the manufactures of household cleaning products for the production of the different quality of cleaners which can clean dirt, bacteria and different viruses in the environment. During the COVID-19 pandemic, people have been spending more time than ever at home. For many consumers, "home" has come to mean something entirely different from what it used to be as now home has office, school and gym which require more cleanliness. This increase in activity in the home has led to consumers cleaning their houses more than usual. Cleaning with a household cleaner that contains soap or detergent reduces the amount of germs on surfaces and decreases risk of infection from surfaces. In most situations, cleaning alone removes most virus particles on surfaces. Disinfection to reduce transmission of COVID-19 at home which increases the demand for home cleaners in pandemic situation. IMPACT ON DEMAND FIGURE 1 GROWTH OF HOUSEHOLD CLEANERS IN CANADA (IN PERCENTAGE) (2020) The above diagram shows the demand of the household cleaners in Canada. The demand of household cleaners has shown an exponential growth in starting of the year 2020. In month of February, 2020 the demand of household cleaners was 20.00% in the Canadian market which have shown a growth of nearly 165.00% in month of March, 2020. After a month in April 2020, the demand started normalizing but was still showing a growth of 90.00% as compared to February 2020. IMPACT ON SUPPLY CHAIN The unprecedented demand for household cleaner products in 2020 due to the Covid-19 pandemic made it an extraordinary year for household cleaners. Shoppers pantry-loaded the products in the early months of the pandemic, making it difficult to find any on store shelves or online. Suppliers and wholesalers have started the hoarding the products which lower the supply of the products and other hand due worldwide lockdown, manufacturers were not able to produce products further The manufacturers were deprived of the specific amount of raw material which was used in the manufacture of cleaning products. The import and export of the raw material and finished product was on halt which have affected the household cleaner market. This high demand prompted household cleaners manufacturers to adjust their operations, from starting up 24/7 production and focusing on fewer product formats to making major investments in new production lines. CONCLUSION On concluding, the spread of COVID-19 pandemic around the globe has hit all the sectors of production. However, with the spread of the COVID-19, the demand for household cleaners has increased. Household cleaners are used for killing of germs, bacteria which grow on different surfaces. Manufacturers also faced the challenges for the production of the household cleaner products during the COVID-19 due to the lock down in various countries. On account of disruption in supply chain, the manufacturers were not able to fulfil the increasing demand of the household cleaners in the market. Overall COVID-19 has increased the demand for household cleaners and even post pandemic the demand of the household cleaners will increase over the coming years.
How COVID-19 Impacted on Dissolving Pulp and Paper in the Chemicals & Materials Industry ?
COVID-19 Impact on Dissolving Pulp and Paper in the Chemicals and Materials Industry COVID-19 (Coronavirus) has affected the day-to-day life of people and has slowed down the economies worldwide. The pandemic has affected millions of people who either got sick or died due to the spread of this disease. Within a few months, coronavirus disease (COVID-19), which originated from China, became a pandemic, with more than 30 million people being infected to date. There are now numerous vaccines in use. The first mass vaccination program commenced in early December 2020, and as of 15 February 2021, 175.3 million vaccine doses have been administered. The COVID-19 pandemic has affected the global dissolving pulp & paper market significantly. The persistence of COVID-19 for a longer period has affected the supply and demand chain as it got disrupted, and it became difficult to supply the raw material for dissolving pulp and paper across different countries. 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. IMPACT ON DEMAND AND SUPPLY CHAIN The demand and supply for dissolving pulp and paper had initially decreased during the beginning of the COVID-19 pandemic as it resulted in lockdown, due to which, initially, a lot of paper-based products were not used as it was not a necessity. Also, due to restriction on movement, there was a halt on the manufacturing process of end-user industries like the food industry, textile industry, pharmaceutical industry and other. But after the lockdown was lifted, the demand for dissolving pulp and paper products has increased as all the work of the end-user industry has resumed, and demand for dissolving pulp and paper has increased in food, pharmaceutical, personal care, and other industry. The rising demand is enabling manufacturers to launch new products in the market even during the COVID-19 pandemic. For instance, · 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 · 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 · 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.
Significant COVID-19 Impact on Footwear Sole Material in Chemical and Material Industry
COVID-19 Impact on Footwear Sole Material in Chemical and Material Industry INTRODUCTION Footwear designs have continuously upgraded with the advance techniques for improvement of comfort and performance of the shoes in daily routine or specialized sports applications. In footwear, the sole of footwear is very important part as sole have to face the external environment. The sole of footwear helps to protect the feet from injury during work or performing physical activities. In 1800 wood was used for manufacturing of sole. As the time passed the demand of more rubber sole shoe was increased as it was cost effective and also more comfortable in wearing for longer duration. Sandals of leather were also introduced in 1900 which was accepted globally. The leather straps were joined with the rubber sole to manufacture the footwear. The footwear of leather and wood were heavy which cannot be weared for longer duration. So light weight material was started to be used for the manufacturing of sole of footwear. In 19th century, outsole of footwear has been changed in materials. Leather has been the traditional soling material, after 1980 only about 5% of shoes have leather soles. Now, most of soles are made of rubber or plastics, which are classed as synthetics rubber. Polyurethane is one of them that become most popular soling material for footwear. Sole material is the kind of material which is used for the manufacturing of different kinds of sole according to the application of shoe. Sole material are the kind of material which are resistant to putrefaction and enzymatic destruction and after repeated wetting-drying cycles returns back to its former soft characteristics due which material is used in the manufacturing of sole for footwear. Shoe soles are made from a variety of different materials which includes rubber, leather, polyurethane and other bio-compounds. Sole material is also used for manufacturing of inner sole which is softer than the outsole. Sole of a shoe is also known as outsole which is bottom part of the shoe. More of the times outsole comes in direct contact with the ground. Footwear sole is made up of soling materials such as: Polyurethane Polyurethane is a type of polymer which is composed of organic units which are joined by carbamate links. Polyurethanes are kind of thermosetting polymers which do not melt when heated on high temperature. Polyurethane is of different types which are methylene diisocyanate (MDI), toluene diisocyanate (TDI) and polyols. Rubber Rubber is kind of elastic substance which is obtained from exudations of certain tropical plants which is natural rubber. Rubber products are also derived from petroleum and natural gas which is called as synthetic rubber. Bio-Compounds Bio-compounds are materials which are made of several cells and other structures of organisms are known as bio chemicals compounds. In bio-compounds carbon compounds are important which make the material light weight. Several materials are being used in the production of footwear sole which can provide high comfort and light weight shoe. Different types of shoes are being used for different application due to which different materials are being used in the production of footwear sole. Polyurethanes as a soling material is comprise of almost limitless chemical formulation combinations which give designers and manufacturers freedom to create innovative designs according to the application of the shoe. The soft inner sole is more in demand among women fashionable footwear and daily wears and also for kids due to lightweight and super soft sole material which is more used in the footwear. COVID-19 IMPACT ON FOOTWEAR SOLE MATERIAL MARKET Corona virus was started from the China country and now has reached to every corner of the word. The COVID-19 has larger impact on different industries due to which the growth of the business and world is recovering in very steady pace. The pandemic have hit the economy very hard world wide as the lockdown was imposed in all the regions which have made the situation challenging for all sector for growth and also the developing actives will be done in the stager manner. No sector was immune from the effect of the COVID-19 as all the manufactures of the footwear sole material in the regions have faced the ups and down in the business due to the COVID-19 situation and unable to forecast the demand of the footwear in the market. The demand for the footwear sole material has fallen in the industries due to the lower production of the footwear in the global market. The export and import of the footwear sole material in different countries have fallen down due to the pandemic situation created by COVID-19. The big brands or manufactures are producing at 25%-30% of their full capacity as demand of the footwear has fallen in the market. Government has imposed the lockdown rules in the entire region due to which people are setting at their home. The demand for the light weight sole material in the footwear have fallen down in pandemic no physical activities were going on which lower the demand for sport shoes in different games and physical activities. Different types of footwear sole are used in different type of footwear functionality. Due to lockdown in several manufactures activities were on halt, the demand of footwear has fallen down in the industries due to which the demand for footwear sole materials have decline. The cascading effect of the spread of the corona virus can also be seen on the foot wear industry. Footwear industry have also have to face the pandemic situation which created by the COVID-19. The production in the footwear industry has been on halt due to the lock down and shortage of the labor in the factory. The virus is taking a massive toll in the economic front, shutting down businesses, curbing international travel and impacting production lines of major global businesses. On evaluating footwear industry in the countries, the major brands have shut down their stores, and some of them have also delayed their new collection release which has lowered the demand for the footwear sole material in the market. FIGURE 1 NEW PRODUCT INTRODUCTION RATE (2019 –2020) From the above diagram we can interpret that the introduction of the new footwear models in 2020 was fallen down as in 2019 introduction of athletics shoes and sneakers was 11.00% which fall to 4.15% in 2020. In 2019 introduction of boots was 3.00% which fall to 5.00% in 2020. In 2019 introduction of heeled shoes was 12.00% which fall to 5.00% in 2020. With the decline in the introduction of new products in the market will have negative impact on the demand for footwear sole material in the market. IMPACT ON RELATED INDUSTRY OF FOOTWEAR SOLE MATERIAL IMPACT ON FOOTWEAR INDUSTRY According to experts of World Footwear, global footwear consumption is expected to fall by 22.5% in pandemic year. In Europe, demand of footwear declined by 27%, in North America demand of footwear is declined by 21%, and in Asia-Pacific demand of footwear is declined by 20%. The revenue of the foot wear industry has fallen down by 10%-15% in the pandemic situation as the import and export of the footwear have been declined. The demand of the footwear on all distribution channels have declined globally due to which manufactures have to face the challenge of the stock clearance. Footwear companies such as Adidas and Puma are also experiencing major effects due to the coronavirus headwinds. Most of the branded stores have been closed in the virus-driven countries. The big brands have lost the sales of USD 50 million to USD 60 million due to the outbreak. Other luxury labels are predicting serious blows to their sales too. With the falling sales of the footwear in the market have lower the demand of different footwear sole material which have impacted the global footwear sole material market. STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE Manufacturers of footwear sole material market have to face many difficulties due to halt in the industries which leads to low demand of footwear for all end-user segment which resulted into low demand of footwear sole material in market. The demand of footwear sole material is more in athletic shoes and also in daily wear flip-flops in the end-user segment which helped the manufacturers to earn profits from the stock as the demand for the light weight flip flops and sandals which people wear on daily basis have increased on larger extent. Manufacturers have also taken strategic decision to cover the losses which occurred due to COVID-19. Several OEMs and manufacturing industry have collaborated together and started production. In addition, fulfilling the demand of footwear sole material in the different countries manufactures are helping each other financially in business. IMPACT ON THE RAW MATERIAL PRICE Synthetic rubber is used in the manufacturing of the sole of the footwear. With decline in the demand of the footwear which resulted in decline in synthetic rubber footwear sole material during the COVID-19. Synthetic rubber footwear sole material is more used in the footwear industry as to fold and cut due to the property of flexibility which increases its demand in the footwear industry. Due to COVID–19, prices of footwear sole material are adversely affected as the downfall in demand of footwear in various industries. FIGURE 2 PRICE OF SYNTHETIC RUBBER (JANUARY 2020 –JULY 2020)(USD) From the above diagram we can infer that the price of the synthetic rubber is falling on constant rate due to the fall in the demand by the automotive, tire and footwear industry. The price of the synthetic rubber in January 2020 was 201.80 USD which fell to 192.00 USD in the month of April 2020 when the lockdown had increased the production activity have fallen down due to which the demand of the synthetic rubber have fallen down. In the month of May 2020 the price was 190.10 USD which again fell to 184.10 USD in the month of July 2020. CONCLUSION In 2020, COVID-19 has bad impact on the demand of footwear products due to which demand of footwear sole material product have fallen down. The demand of sports shoes, casual shoes have fallen down in all end-user segments which includes men, women and kids which resulted in low demand in footwear sole material in global market. The manufactures were able to earn revenue through the sale of footwear sole material for flip flops in the market during COVID-19. With the increase in sports and recreation activities and also with lifting of lockdown, the demand of different type of shoes in different industry will increase which will have positive impact on the demand of the footwear which is expected to boost the global footwear sole material market. Import and export of raw material and finished product of footwear products with other nations will help to boost global footwear sole material market in near future.
Needle-Free Injection System Market : Technological advancements in the field of self-injection devices Industry
According to a new market research report “Needle Free Injection Systems Market by Product (Fillable, Prefilled), by Technology (Jet, Spring, Laser, Vibration), Usability (Reusable, Disposable), Type of Medication (Liquid, Depot), Delivery Site (Intramuscular, Subcutaneous) – Forecasts to 2021″, published by MarketsandMarkets, the global market, in terms of value, is projected to reach USD 20.17 Billion by 2021 from USD 9.81 Billion in 2016, at a CAGR of 15.5% during the forecast period. Browse in-depth TOC on “Needle Free Injection Systems Market” 151 Tables 33 Figures 183 Pages Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=165815861 Growth in this market is mainly driven by growing prevalence of chronic disease, increasing incidence of communicable disease due to needle stick injuries, rising demand for biosimilars and vaccination, advantages of drug delivery technology, increasing demand for self-injection devices. On the other hand, high development cost of needle-free injection systems over the conventional needle injection may hinder the growth of this market during the forecast period. The report segments the Needle-Free Injection System Market based on product, technology, type, site of delivery, applications, end user and regions. Based on the technology, the market is divided into Jet-based needle-free injectors, spring-based needle-free injectors, laser-based needle-free injectors and vibration-based needle-free injectors. The jet-based needle-free injectors are expected to witness the highest growth during the forecast period, due to their advantages over the other injector systems. Based on the Applications, the market is segmented into vaccine delivery, insulin delivery, Oncology, pain management and other applications; the vaccine delivery application segment is projected to be the fastest-growing segment during forecast period in 2016. The growth of this market primarily attributed to factors such as the rising incidence of chronic diseases, technological advancement, and growing preference for self-medication. Based on region, the Needle-Free Injection System Market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is further subsegmented into the U.S. and Canada; while Europe is further subsegmented into Germany, France, the U.K. Italy, Spain, and Rest of Europe (RoE); Asia is further subsegmented into Japan, China, India and Rest of Asia (RoA). In 2016, North America is expected to dominate the market, followed by Europe. The increasing demand for self-administration, and rising prevalence of chronic diseases and conditions (such as heart disease, stroke, cancer, type 2 diabetes, obesity, and arthritis), advantages offer by needle-free injection system are driving market growth in North America. Request for sample pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=165815861 However, Europe is expected to grow at the highest CAGR during the forecast period.  The high growth in this market is attributed to the rising demand for biologics, growing prevalence of chronic diseases, technological advancements, mergers and acquisitions by major companies in the market, favorable reimbursement policies, increasing healthcare expenditure and regulatory approvals of new injection system are key factors driving the market growth in Europe The Needle-Free Injection System Market is a fragmented market, with several big and emerging players.Key market players include Antares Pharma, Inc. (U.S.), Endo International plc (U.S.), PharmaJet (U.S), Bioject Medical Technologies Inc. (U.S), Medical International Technology, Inc. (U.S), INJEX Pharma AG (Germany), National Medical Products Inc. (U.S.), Valeritas, Inc. (U.S.), European Pharma Group (Netherland), PenJet Corporation (U.S), Crossject SA (France). Browse Related Reports: Injectable Drug Delivery Market by Type (Device, Formulation), Therapeutic (Hormonal, Oncology), Usage Pattern (Curative Care, Immunization), Administration (Skin, Musculoskeletal), End User (Hospital, Home Care Setting) – Global Forecast to 2020. http://www.marketsandmarkets.com/Market-Reports/injectable-drug-delivery-market-150.html Drug Delivery Technology Market by Route of Administration (Oral (Solid), Pulmonary (Nebulizer), Injectable (Device), Ocular (Liquid), Nasal (Drop), Topical (Solid), Implantable (Active), Transmucosal (Oral)), End User (Hospital, ASC, Home Care) -Forecast to 2020. http://www.marketsandmarkets.com/Market-Reports/drug-delivery-technologies-market-1085.html About MarketsandMarkets: MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan MarketsandMarkets 701 Pike Street Suite 2175, Seattle, WA 98101, United States Telephone No: 1-888-600-6441. Email: sales@marketsandmarkets.com Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/medical-devices