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chemanalystdata · 13 days
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Polyaluminium Chloride Prices, Price Trend, News, Analytics & Forecast
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Polyaluminium Chloride Prices: For the Quarter Ending March 2024
Polyaluminium chloride (PAC) prices have been subject to fluctuation due to various factors impacting the global chemical market. PAC, a coagulant used primarily in water treatment applications, has witnessed shifts in demand and supply dynamics, influencing its pricing trends. Factors such as raw material costs, production capacity, regulatory changes, and regional market dynamics play significant roles in determining PAC prices.
One of the primary drivers affecting PAC prices is the cost of raw materials. PAC production relies on inputs such as aluminum hydroxide or aluminum oxide and hydrochloric acid. Fluctuations in the prices of these raw materials can directly impact the overall production cost of PAC. For instance, variations in aluminum ore prices, influenced by factors like mining regulations, geopolitical tensions, and global demand, can lead to price volatility in PAC.
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Furthermore, changes in production capacity and efficiency within the chemical industry influence PAC prices. When production capacities are expanded or new manufacturing technologies are adopted, it can lead to increased supply, thereby exerting downward pressure on prices. Conversely, disruptions in production, whether due to maintenance shutdowns, accidents, or unforeseen circumstances, can reduce supply and drive prices higher.
Regulatory factors also play a crucial role in shaping PAC prices. Environmental regulations, quality standards, and safety protocols imposed by governments can impact the production processes and costs associated with PAC manufacturing. Compliance with these regulations may necessitate investments in technology or infrastructure, potentially raising production costs and subsequently influencing pricing.
Moreover, regional market dynamics contribute significantly to PAC price variations. Demand-supply imbalances, driven by factors such as population growth, urbanization, industrialization, and water treatment infrastructure development, vary across different geographical regions. As a result, PAC prices may differ between regions based on their specific market conditions and regulatory environments.
Market speculation and macroeconomic factors also affect PAC prices. Speculative trading, currency fluctuations, inflation rates, and overall economic performance can influence investor sentiment and market trends, leading to price fluctuations. Additionally, geopolitical tensions, trade policies, and global events can create uncertainty in the chemical market, impacting PAC prices.
In recent years, sustainability concerns and the growing emphasis on eco-friendly alternatives have begun to influence PAC prices. As industries and governments prioritize environmental sustainability, there is increasing demand for greener coagulant options. This shift in consumer preferences towards eco-friendly products can influence market dynamics and pricing strategies within the PAC industry.
In conclusion, Polyaluminium chloride (PAC) prices are influenced by a myriad of factors, including raw material costs, production capacity, regulatory changes, regional market dynamics, market speculation, and sustainability trends. Understanding these factors is essential for stakeholders in the chemical industry to anticipate and navigate price fluctuations effectively. As the global economy continues to evolve, PAC prices are likely to remain dynamic, reflecting the complex interplay of supply and demand forces along with regulatory and environmental considerations.
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namanr · 4 months
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Fingerprint Sensor Market Expected to Reach $9.41 Billion, Globally, by 2027 at 14.5% CAGR: Allied Market Research 
the fingerprint sensor market size is expected to witness considerable growth, owing to rise in adoption of automation and wireless connectivity in the industry. The fingerprint sensor industry is projected to witness significant growth, especially in emerging economies such as Asia-Pacific and LAMEA, owing to development of smart technologies in these regions.
Wilmington, Delaware
According to a recent report published by Allied Market Research, titled, “Fingerprint Sensor Market By Type and End Use: Opportunity Analysis and Industry Forecast, 2020–2027”, the global fingerprint sensor market size was valued at $2.93 billion in 2019, and is projected to reach $9.41 billion by 2027, registering a CAGR of 14.5% from 2020 to 2027. 
Download Research Report Sample & TOC: https://www.alliedmarketresearch.com/request-sample/6649 (We look forward to moving quickly to provide the Report Analysis needed for your Business Success)               •99 – Tables               •66 – Charts               •212 – Pages
Optical fingerprint sensor provide authenticated user with fast, secure, and easy access to personal contact details, emails, payment information, location data, and other types of encrypted data. Sensors for fingerprints allow fast record keeping and control of portals for attendance. Compared with other biometric authentication systems, they are less costly. These factors further increase growth of the fingerprint sensor market size. 
Prime determinants of growth:
Notable factors positively affecting the fingerprint sensor market include extensive use of fingerprint sensors for biometric authentication in consumer electronics, increase in adoption of biometric authentication in government buildings, rise in number of identity threats, and emergence of touch less fingerprint technology. However, security threats pertaining to biometric database and high cost associated with biometric technologies hampers growth of the market. Furthermore, emerging trends towards IoT based biometric technology and rise in trends towards in-Display fingerprint sensors in Smartphones are expected to offer lucrative opportunities for the market growth in the coming years.
Report Coverage and Details:
Aspects
Details
By Type
FAP 10
FAP 20
FAP 30
By End Use
Banking & Finance
Government & Law Enforcement
Commercial
Others
  COVID-19 Scenario:
The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among customers. European countries under lockdowns have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of the COVID-19 disease; which has led to slowdown in growth of the fingerprint sensor market in 2020.
Fingerprint sensors provide authenticated user with fast, secure, and easy access to personal contact details, emails, payment information, location data, and other types of encrypted data. Sensors for fingerprints allow fast record keeping and control of portals for attendance. Compared with other biometric authentication systems, they are less costly. Hence, such factors increase growth of the fingerprint sensor market size.
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 Leading Market Players:
SYNAPTICS INCORPORATED,
THALES,
HID GLOBAL CORPORATION,
APPLE INC,
3M COGENT INC,
SECUGEN CORPORATION,
PRECISE BIOMETRICS,
CROSSMATCH,
IDEMIA,
EGIS TECHNOLOGY INC
The report provides a detailed analysis of these key players of the global  fingerprint sensor market. These players have adopted different strategies such as product development and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Key Benefits for Stakeholders:
By type, the FAP 10 segment generated the highest revenue in the fingerprint sensor market forecast in 2019.
By end use, the government & law enforcement segment generated the highest revenue in the fingerprint sensor market analysis in 2019.
By region, the Asia-Pacific segment generated the highest revenue in the fingerprint sensor market forecast in 2019.
By Region:
North America (U.S., Canada, and Mexico)
Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)
LAMEA (Latin America, Middle East and Africa)
Trending Reports in Semiconductor and Electronics Industry (Book Now with Up to 20% Discount + COVID-19 Scenario):
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Superconductors Market share is projected to reach $17.4 billion by 2032, growing at a CAGR of 10% from 2023 to 2032.
Power Cable Market size is projected to reach $277.8 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031
Embedded Systems Market size is projected to reach $163.2 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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oliviadlima · 6 months
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Proposal Management Software Market Size, Trends and Forecast
According to a new report published by Allied Market Research, titled, “Proposal Management Software Market,” The proposal management software market size was valued at $1.8 billion in 2021, and is estimated to reach $7 billion by 2031, growing at a CAGR of 14.8% from 2022 to 2031.
Users of proposal management software have the flexibility to customize their submissions, which is beneficial for promoting an enterprise’s brand to prospective customers across the globe. This software makes it simple for multiple users to collaborate on the same document. In addition, using this software is simple for team members to collaborate on a single document while working in different time zones or countries. Software for managing proposals makes it simple for users to automate their hectic work and save time and money. Software functions as user’s personal assistant.
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Furthermore, integration with existing tools and customization is the key is boosting the growth of the proposal management software market. In addition, rise of cloud-based proposal solutions is positively impacts growth of the proposal management software market. However, lack of privacy and security is hampering the proposal management solution market growth. On the contrary, adoption of advanced and effective proposal tools is expected to offer remunerative opportunities for expansion during the proposal management software market forecast.
On the basis of industry vertical, the government segment dominated the proposal management software market share in 2021, and is expected to maintain its dominance in the upcoming years. Organizations save literally thousands of hours of time eliminating the mundane and allowing teams to focus on capturing, qualifying, and creating high-quality proposal responses with basic SharePoint configurations, simple plug-ins and ‘me-too’ so called ‘off-the-shelf’ software tools. Octant’s proposal management software platform works with and like the world’s leading business solutions, allowing users to work within the applications they’re most familiar with AND within a role-tailored environment reducing training, driving user adoption, and speeding processes for fast and ongoing return on investment.
Depending on the region, North America dominated the proposal management software market analysis in 2021, as North America is anticipated to account for the largest share of the proposal management software market during the forecast period, owing to presence of a substantial industrial base in the U.S., government initiatives to promote innovation, and large purchasing power. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to growing economies such as India and China and cloud native countries like Japan.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/31793
The COVID-19 outbreak has high impact on the growth of proposal management software industry, as increasing number of smartphone users, growing adoption of connected devices, and surging e-commerce sector provide lucrative opportunities for the growth of the proposal management software market. COVID has caused crises in social, economic, and energy areas and medical life globally throughout 2020. This crisis had many direct and indirect effects on all areas of society. In the meantime, the digital and artificial intelligence industry can be used as a professional assistant to manage and control the outbreak of the virus. In post-pandemic circumstances, enterprises strived to minimize operational and running costs around all the business functions to recover the losses incurred in covid times. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in Proposal Management Software Industry.
KEY FINDINGS OF THE STUDY
By component, the software segment dominated the proposal management software market in 2021. However, the services segment is expected to exhibit significant growth during the forecast period.
On the basis of industry vertical, the government segment dominated the proposal management software market in 2021.However, the manufacturing segment is expected to witness the highest growth rate during the forecast period.
Region-wise, the proposal management software market was dominated by North America in 2021. However, Asia-Pacific is expected to witness significant growth in the coming years.
This report gives an in-depth profile of some key market players in the proposal management software market include Aarav Software, Bidsketch, Better Proposals, Deltek, Inc., GetAccept, Icertis, iQuoteXpress, Inc., Ignition, Microsoft Corporation, Nusii, Proposify, PandaDoc, RFPIO, Sofon, Tilkee, WeSuite, and Zbizlink. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which propel growth of the proposal management software market globally.
About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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healthstyle101 · 7 months
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Could the US government shut down and does it really matter? | Business News
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United States Government Faces Shutdown In just a few hours, the United States government is on the brink of a shutdown. When the clock strikes a minute past midnight, it's likely that the government won't have enough money to cover its bills. What Does This Mean? This situation will lead to a freeze in all non-essential federal services. That includes government offices, the military, waste disposal, and air traffic control. Unfortunately, the employees in these areas won't get paid. Federal agencies, national parks, federal courts, museums, and many state bodies will also be affected. They simply won't have the funds to pay their employees and cover their expenses. Surprisingly, lawmakers will continue to receive their paychecks, thanks to a provision in the US constitution. Why Is This Happening? The root cause of this problem is the lack of approval for discretionary spending by Congress, which includes the US Senate and House of Representatives. This approval is necessary for the new US financial year, which begins on October 1. Republican House Speaker Kevin McCarthy has been struggling to get the support of hard-right Republicans for a deal. If he pushes too hard or passes a bill that doesn't sit well with the right-wing members of his party, he could lose his job. McCarthy's job security depends on not upsetting this far-right group. To secure his role as speaker, he agreed that any member of the House of Representatives could call for a vote to remove him from his position. In a way, he's painted himself into a corner by promising something he couldn't deliver: a return to federal spending levels from before the COVID-19 pandemic. Many Republicans strongly oppose the trillions spent on health measures and economic stimulus. While McCarthy did manage to strike a deal with President Joe Biden in May to raise the debt ceiling and avoid a potential US default on debt payments, the current situation is different. A government shutdown doesn't carry the same severe economic consequences, so there's less pressure on Mr. McCarthy. In the event of a US default, it would have been the first time in the country's history and could have caused a near-total shutdown of the economy, with severe consequences for the global economy. Read the full article
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ailtrahq · 8 months
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With the U.S. government shutdown on the horizons, the crypto market faces growing uncertainty amid key economic events, challenging traditional investment norms. Following the FOMC meeting on Sep.19, Bitcoin (BTC) and other cryptocurrencies face upcoming macroeconomic events this week, with Thursday spotlighting the Q2 U.S. GDP data, predicted at 2.1%. Concurrently, a key highlight will be Fed Chair Powell’s speech, shedding light on the Fed’s economic perceptions and possible policy shifts. Key Events This Week:1. Consumer Confidence data – Tuesday2. Building Permits/New Home Sales data – Tuesday3. Q2 GDP Data – Thursday4. Pending Home Sales data – Thursday5. Fed Chair Powell Speaks – Thursday6. August PCE Inflation data- Friday7. Total of 6 Fed…— The Kobeissi Letter (@KobeissiLetter) September 24, 2023 The week rounds off with the U.S. Core PCE Price Index, a consistent inflation indicator that’s been oscillating around 4.0% this year. The US Fed on Inflation Since 2021:1. May 2021: Inflation is "transitory"2. Dec. 2021: Inflation may not be transitory3. Jan. 2022: Inflation should fall to 2.5% in December 20224. May 2022: Inflation should fall to 4.3% in December 20225. Jan. 2023: Inflation will hit…— Whale (@WhaleChart) September 22, 2023 The federal government shutdown, potentially commencing on October 1, adds complexity, affecting economic data timing. Such a shutdown is triggered when Congress and the president can’t agree on a funding bill. While lawmakers often resort to a continuing resolution (CR) as a stop-gap funding measure, its failure would lead to a cessation of all but the most critical federal operations. In such a scenario, furloughed federal staff responsible for economic data could disrupt data releases. Markets rely on this data for economic trends, and its unavailability can bring unexpected volatility, affecting crypto markets. According to Goldman Sachs, for every week the shutdown endures, there could be a contraction of 0.2% in economic growth. This overarching economic impact might dent investor morale and their propensity to take risks, with assets like Bitcoin, often viewed as “safe havens”, standing in the limelight. Crypto’s resilience amid economic shifts As 2023 approaches its conclusion, a noticeable change in market sentiment, particularly in the crypto sphere, has become evident. While cryptocurrencies have historically been sensitive to external influences, a newfound resilience is emerging. This stability could be attributed to the broader acceptance of digital assets, their seamless integration into traditional finance, or the perception of them as a safeguard against traditional market fluctuations. Encouragingly, the crypto sector has mirrored the positive performance of dominant benchmarks like the S&P 500 and Nasdaq Composite throughout 2023. However, the looming possibility of a recession casts a shadow. While some proponents argue that cryptocurrencies are recession-resistant, the forthcoming period will serve as a litmus test for these claims. What to expect next? Amid the global upheaval, the cryptocurrency market, often a barometer for larger macroeconomic shifts, could find itself at a pivotal moment.  Firstly, the U.S. economy’s growth forecast for Q2 was recently adjusted downwards, from 2.4% to 2.1%. In simpler terms, the economy isn’t growing as quickly as some’d hoped.  When Jerome Powell, the Federal Reserve Chair, speaks of economic challenges, it’s a clear sign that conventional financial thinking might be undergoing some changes. Now, let’s think about gold and crypto for a moment. In uncertain times, when economies slow down, investors have historically flocked to assets like gold and crypto as they’re seen as “safe havens.” Enter the possibility of a federal shutdown. Beyond politics, this could mean a delay in getting key economic data. Imagine planning a trip but not knowing the weather forecast. It’s a bit like that for investors.  Without this data, there’s a lot more uncertainty in decision-making.
If traditional economic indicators are on pause, investors might look more favorably at alternative assets like cryptocurrencies.  There is no second best. Bitcoin was the greatest inflation hedge we have ever seen appreciating 1000% from the March 2020 Fed QE. You want to hold inflation hedges before the inflation event, just as you want health insurance before you have a car crash.Got insurance? pic.twitter.com/HN0qmbIE32— Charles Edwards (@caprioleio) September 25, 2023 Furthermore, the recent ADP report underscores potential vulnerabilities in the employment sector, another key component influencing market sentiment.  In this setting, where the traditional economic landscape might be shifting, and growth isn’t as robust as one would hope, there’s an opportunity. Investors might start seeing the value in diversifying their investments, considering both the traditional and the new – like cryptocurrencies. BITCOIN PRICE REPORT🚨I Analyzed Bitcoin's On-chain Activity and Sat through the Fed's meeting. Here is my Takeaway.Bitcoin under Whale Accumulation as FED gives moved signals.1. Rates? Unchanged. Predictable. 2. They're optimistic on growth, predict lower unemployment, but… pic.twitter.com/IxjDmYXIj3— Emperor👑 (@EmperorBTC) September 21, 2023 In essence, as the boundaries between traditional financial indicators, government decisions, and the world of crypto become more fluid, it’s essential for investors to stay informed and be ready to navigate these evolving waters. Source
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chandupalle · 8 months
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Asset Integrity Management Market Size, Global Industry Trends Forecast - 2026
The global asset integrity management market size is projected to reach USD 25.7 billion by 2026 at a CAGR of 4.9% during the forecast period.
Factors such as stringent safety regulations and quality control requirements laid down by governments, and climatic changes affecting the operations of various industries, thereby driving the asset integrity management industry.
The market for corrosion management to grow at the highest CAGR from 2021 to 2026
Corrosion management involves cathodic protection, protective coating, chemical injection, and corrosion monitoring. Failure to manage corrosion properly imparts a huge impact on assets. Hence, it is imperative to indulge in effective corrosion management and recognize and mitigate corrosion problems as they become evident. The amplifying need to protect aging infrastructure across industries is driving the demand for corrosion management services. Use of advanced data analytics, the internet of things (IoT), and data visualization tools are set to transform corrosion management services and solutions from costly and presumptive to predictive and data-driven.
Asset integrity management market for the power industry to exhibit high growth during the forecast period
The asset integrity management services in the power industry are used for ensuring the efficient and optimal working of power plants. Since a number of complex equipment and components are involved in the industry, the chances of their failure and unplanned shutdown also increase. Unplanned shutdown of a power plant can have disastrous effects for end-user industries and organizations. Thus, the implementation of asset integrity management services is a must to keep the power plants running. The need to meet the demand for energy due to rapid industrialization and growing population especially in Asia Pacific have led to an increase in the number of power plants and, consequently, the demand for asset integrity management services.
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The asset integrity management market in Asia Pacific to grow at the highest CAGR during the forecast period
The asset integrity management market in Asia Pacific is expected to grow at the highest CAGR from 2021 to 2026. The growth of the market is primarily driven by the increasing demand for oil and gas and the rise in merger and acquisition activities, which have increased investments in the regional energy sector. Advancements in terms of economic growth, infrastructural development, and construction of power plants boost the asset integrity management market in Asia Pacific. Exhibitions and associations in Asia Pacific countries support the adoption of asset integrity management services. Such events include the Asset Integrity Management Asia Summit (Singapore) and the Structural Integrity Management Summit Asia Pacific (Malaysia) held annually in August and September, respectively.
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nbmsports · 10 months
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How the Hollywood Shutdown Will Affect Los Angeles
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Los Angeles County has 88 cities. Ten million people. Two hundred-plus languages spoken.And a nine-letter sign that, for much of the world, defines the entire region: HOLLYWOOD.Los Angeles has long been regarded as the global “company town” for show business, and as a rare actors’ strike upended the signature industry this week, the potential for cascading economic impacts across Southern California has emerged as a critical local issue. But economists disagree on just how extensively the simultaneous actors’ and writers’ strikes will be felt.Even by the most generous estimates, Hollywood has never supported more than about 5 percent of employment in a region where many more people work in trade, health care, government and even Southern California’s diminished manufacturing sector. Yet Hollywood pervades Los Angeles life in ways as big as a movie backdrop or as small as a street detour on some awards night.For many, the ceased productions and darkened premieres are not just a threat to the flow of dollars to restaurants and retailers that cater to film crews, but also a blow to the region’s cultural heart.“To the extent that Hollywood defines America’s idea of where I live, Hollywood’s troubles become my troubles,” said D.J. Waldie, a cultural historian in Southern California. “When Hollywood stops, a great many things stop here, and not just a few studios.”During the 2007 screenwriters’ strike, the California economy lost $2.1 billion, according to one study. The last time unionized screenwriters and actors staged dual walkouts, in 1960, the strikes did not settle for nearly six months.Economists on Friday said the length of the two strikes will largely determine its financial impact on Los Angeles, though some were more optimistic than others.Lee Ohanian, an economics professor at the University of California, Los Angeles, who has written extensively about California, estimated that about 20 percent of the local economy could be hit, in part because the industry generates so much revenue and has so many highly compensated local employees.Chris Thornberg, a founding partner at the Los Angeles consulting firm Beacon Economics, said the strikes might not be felt locally for a long time because so much of show business has been focused on exploiting and distributing existing content.“As long as people are paying for Hulu and buying Disney movies online, we’re making money,” Dr. Thornberg said. “Eventually, there will come a time when the lack of content will start to pinch, but this is a slow boil, not a rapid one.”The mayor of Los Angeles, Karen Bass, made it clear that she considered the labor standoff to be an urgent local issue and called on the studios and unions to “work around the clock” to reach an equitable agreement.“This affects all of us and is essential to our overall economy,” Mayor Bass said.Less tangible is the potential impact on Southern California’s self image. Show business is wrapped up in the region’s civic identity in ways that are unparalleled in less-renowned cities.An audience of 18.7 million people this year tuned in to the Academy Awards, Los Angeles’ best known office party. Backdrops from Venice Beach to the Sixth Street Viaduct are regarded locally with pride as stars in their own right. Homeowners from the San Fernando Valley to South Pasadena run lucrative side hustles, renting their houses for film shoots and ads.Though most of the famous names live in mansions behind gates, few Angelenos, even in far-flung exurbs, are without a celebrity story — the producer spotted in Joshua Tree, the famous face in the next lane in traffic.“Everywhere I go, people ask me the same question: What stars have I met?” said Stephen Cheung, the president and chief executive of the Los Angeles County Economic Development Corporation. “Nobody would ask me that if I were from another city.”Born in Hong Kong, Mr. Cheung, 44, said that he saw his first real celebrity in Los Angeles when he was about 10, through a car window. “We were near the convention center in downtown, and all of a sudden, a car pulled up and I saw Madonna get out.”Many also know stars the way anyone knows anyone in the nation’s second-largest city: as neighbors or fellow parents or people walking their dogs. Entertainers sponsor local schools, embark on second careers as politicians, stump for state ballot initiatives and occasionally get into scrapes with the mayor for trying to fill their own potholes.Democratic leaders throughout the liberal state have long been supportive; earlier this month, Gov. Gavin Newsom of California extended a $330 million-a-year film and television tax credit program to encourage studios to keep productions at home. Certain communities share a special bond.“We have a lot of studio people who live in Burbank,” Mimi House, a retired medical clinic administrative worker, said on Thursday while lunching with a group of fellow retirees in the Los Angeles suburb’s “beautiful downtown” shortly after leaders of the actors’ union, known as SAG-AFTRA, announced the walkout. Without the entertainment industry, Burbank would be a “ghost town,” added Virginia Bohr, a retired accountant at the table with Ms. House. Local officials recently renamed their airport Hollywood Burbank, though Hollywood is technically a neighborhood in Los Angeles, a separate city.The region has long attracted show business aspirants from around the world who hope to catch their big break. Many scrape by for years before they find work outside the entertainment industry.Thomas Whaley, a veteran teacher who for 23 years has coordinated an extensive visual and performing arts curriculum at the Santa Monica-Malibu Unified School District, credited the entertainment community for drawing him to the region and helping to ensure the longstanding success of his program, which has become a statewide model for the breadth and quality of its offerings. Were it not for the local concentration of talent, he said, he might never have ended up in the job he has come to cherish.“I moved to L.A. to play trombone for film and TV in 1990,” said Mr. Whaley, who grew up in Rhode Island and studied to become a studio musician on full scholarships at Berklee College of Music in Boston and the University of Miami. “My mother kept saying, Come home, Rhode Island’s great, and I was like, Mom, they don’t have what I need.”Other Angelenos feel a disconnect with an industry whose workers have long been concentrated in parts of the city that are more affluent and white.In Mid-City, a Los Angeles neighborhood several miles south of Hollywood that is predominantly Latino and Black, Rachel Johnson and Rosario Gomez, both 17, were more interested in frozen fruit treats from the local paleta shop than in the demands of Hollywood strikers.“It’s the least of our concerns,” Ms. Johnson said of the picket lines, noting the struggling mom-and-pop businesses on their streets, rising rents and persistent homeless encampments.“Yeah, there are bigger problems here, like gentrification,” Ms. Gomez added.Nearby at La Cevicheria, a tiny eatery on Pico Boulevard, Yejoo Kim, 29, who works in geopolitics, agreed that Hollywood “can feel worlds apart,” even for Angelenos who were born and raised in the city, as she was.But she and her roommate, David Choi, 27, also pointed to the large immigrant communities in Los Angeles that have been reflected with care in recent years in film and television.“I feel a sense of solidarity,” said Mr. Choi, a novelist interested in the pay standards that Hollywood sets for its writers. “I’d be happy to participate in a boycott of a show.”Corina Knoll contributed reporting from Los Angeles and Vik Jolly from Burbank, Calif. Source link Read the full article
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ckpapermart · 10 months
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Position of Paper & Pulp Industry in India
Indian economy started promoting for paper less economy since Mr. Narender Modi took reign of PM. The entire system was processed towards digitalisation as the government also started sending notices and challans over email Id or at different digital platforms instead of sending paper document via speed posts. In fact, people have also shifted their accounting and book – keeping process on different software systems such as Tally Prime, Tally ERP, Busy etc. Resulting the fact, that the demand of paper became less in the market, due to which the paper mills of India started losing businesses.
According to CK PAPER MART, the twisting fact is that, the demand of prime Kraft paper has been decreased as now the people are no more using paper for writing purposes but the demand of brown kraft paper has been increased into packaging business. There are other types of paper such as White bleach kraft paper, SBS etc. are also one of the prominent part of packaging industry. The kraft paper is demanded for manufacturing of carry bags, corrugated boxes, honeycomb manufacturing for packaging etc. India is having two different segment of packaging papers, firstly, India is having more than 900 paper mills, which are into manufacturing of kraft paper or packaging paper. Secondly, a large segment of packaging kraft paper is also imported from USA and Europe, which is better in strength and quality as compared to Indian kraft. During last two years, i.e., 2021 and 2022, the export of kraft paper was too high due to which hundreds of new paper mills were started but now, most of them are hit by global recession and are almost at the urge of shut down. The paper mill owners of Uttar Pradesh and Uttarakhand are agreeing that, due to low demand, global recession and rising inflation level, they have to take harsh decision of closure of the production processes and the during the first quarter of 2023, more than 20 mills have been completely shut down affecting the livelihood of more than 26000 people in India.
The managing director of prominent paper mill stated that they have closed down the production related activity during April and May 2023 because of lower demand. Other than paper mills of Uttar Pradesh and Uttarakhand, paper mills of Punjab, Haryana and Rajasthan were also closed down as the global crisis and steep inflation rate impacted the consumption process of kraft paper. The President of ‘The Indian Recovered Paper Traders Association (IRPTA) mentioned that the entire situation of mill shut down arose because the kraft mills are making huge losses as they were working only on gap of INR 8 to INR 9 per kg against waste paper and finish paper. In simple terms, the prime paper produced by Indian mill manufacturers were selling just say the price of Rs. 15, which is of good quality then the stocklot paper imported from overseas have been sold at the price of Rs. 7, despite the fact that quality of stocklot paper is equivalent to waste paper.
At the time duration of closure of the Kraft paper mill, the waste of Kraft paper was actually being sold at INR 17000 per metric tonnes which was of 18 BF and 100 GSM whereas the prime Kraft Paper was being sold at INR 25000 per metric tonnes which was also of 18 BF and 100 GSM and this nominal gap was not enough to match with growing losses. The prominent paper mill from Uttarakhand mentioned that the demand of kraft paper is quite short throughout the globe whereas the inflation rate is also higher. Earlier, India was exporting lot of packaging products such as corrugated boxes and Paper Carry Bags. But now, due to low overseas demand, the corrugated box manufacturers were also not operating at full capacities. Although, the mill owners are hopeful that the global market might pick up within next two quarters as the shutdown of mills would correct the prices of kraft paper.
Kraft paper is basically a kind of recycled paper and it is no longer remained monopoly of Indian and Chinese mills because the paper mills of developed countries have also installed the recycling plants and they are also offering good quality kraft paper at the prices lower of Indian mills due to which the Indian paper mills are not been able to compete with international paper mills. The paper mills of Russia and Malaysia are offering the kraft paper at prices lower than 20% as compared to the prices offered by Indian paper mills. The fact cannot be denied that, during year 2022 the paper import was 2802.38 USD Million and same was just 742.45 USD Million in year 2021, indicating that the people of India themselves are also preferring to use imported kraft paper instead of Indian kraft because of prices and quality. In last two years, the production capacity of kraft paper has been expanded by 40% in proportion of the demand whereas the actual expansion required was just between 18% to 20%. In order to match with demanded capacity, the paper mill association have been agreed to shut down their production process for five days every month in order to equalise demand and supply.
In 2023, the paper mills of India have suffered huge losses, due to which the paper mill association of Uttarakhand, Uttar Pradesh, Punjab, Haryana and Rajasthan have formed cartel and have decided to follow the business pattern of Paper mills of Foreign countries. The paper mills operating in northern areas are also planning to shut down the operating for five days in month as like paper mills of South and Western India.
There are different types of Kraft paper manufactured by Paper Mills, such as Virgin Kraft, Bleach Kraft, Poly Craft, Absorbent Kraft Paper, etc. and these kraft paper are used for different purposes. The paper mill from Punjab has also been shut down in order to manage their existing stock as the paper mill was going to through difficult time. The corrugated box manufacturers have received 20% lesser orders as compared to previous year. Although, the chances of demand could be possible from Indian market as the demand of corrugated boxes from Himachal Pradesh rises during May and June because of seasonal aspect as the boxes for Apple packaging were in high demand. But the existing corrugated box manufacturers were not prepared for this and could not determine the size of boxes and were not been able to fulfil the orders.
While the export of Kraft paper from India has been concerned then the packaging paper are also being exported as during 2020, the floating medium and test liner export was approximately 2 lakh tones each month and it remained continued till several months. Although, the export processes started declining in 2023 because of certain issues such as bad odour from Indian kraft, improper logistics, run ability and sub – standard quality. It is recommending to kraft manufacturing mills, that, if these issues can be curbed then it will act as huge opportunity for packaging industry. India was exporting kraft paper into Far East, Middle East, Latin America and African countries. The export could have been possible in 2020 and 2021 because of compulsion and necessities, not because of choice.
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theeuropeentrepreneur · 11 months
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How the US Debt Ceiling Will Impact the Stock Market
The financial news circuit for the last few weeks has been dominated by only one topic: The US debt ceiling and why would not anyone think about it as the global economy depends on this topic. \
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The US debt ceiling is an important aspect of the USA’s financial landscape that can have far-reaching implications, particularly on the stock market. 
As the national debt approaches the limit set by Congress, there are concerns arising regarding the potential consequences for the economy and the investment markets. 
In this article, brought to you by The Europe Entrepreneur, we are going to explore the relationship between the US debt ceiling and the stock market and will try to shed light on how breaching the US debt ceiling can impact investment opportunities and market stability. 
What is the Debt Ceiling? 
The debt ceiling, also known as the debt limit, is a statutory limit set by the United States Congress on the maximum amount of money that the US government can borrow to fund its operations and meet its financial obligations. We can think of it as the credit card limit on your credit card, but it is set by the ruling US government. 
So what is the point of the debt limit? Well, like any other government around the world, the US government spends much more than it earns, and this “deficit” is funded and managed by borrowed money from The US Congress which steadily increases the total stock of debt. 
The idea of the debt ceiling, or debt limit, is to provide a legal means for controlling the government’s power to borrow money. The US debt ceiling was introduced to ensure that Congress, which is the nation’s elected representative, has oversight over the nation’s debt. Otherwise, the US government could recklessly spend any amount of money it gets. 
The “ceiling” currently stands at a staggering US 31.4 trillion dollars. Over the past decades, the amount of money that they can borrow has been raised a couple of times during different presidential runs. Efforts are being made between the government and the US Congress, to negotiate another increase in the debt ceiling. 
How Exactly Does the US Debt Ceiling work?
When the US Treasury Department borrows money to fund its deficit by issuing bonds and when the debt ceiling is reached, it can no longer borrow any money. Thus, the US government will have to cover its expenses with only its revenues. 
The debt ceiling creates a situation for the US government that they are unable to pay their bills, potentially leading to a government shutdown or a default on debt repayments or both. 
The US Treasury Secretary, Janet Yellen has warned the US government that the way they are spending money, they will run out of money by around 1st June. 
To avoid such scenarios, the politicians running the US Congress typically take action to raise or suspend the debt ceiling when it nears or reaches its limit. This gives the US government a room to breathe and they can now continue borrowing and functioning. 
The debt ceiling is a political as well as an economic topic, as it affects the people living in the USA. Discussions are currently being held between the two main political parties in the US around fiscal responsibility, government spending, and the level of national debt. If they can reach a deal before the end of June, the United States will avoid a default and a government shutdown, and if they don’t come to a conclusion, that would be a matter of concern. 
Investor’s Confidence and Risk Perception 
The debate around the US debt ceiling can significantly impact investors’ confidence and risk perception. If a resolution to raise the debt ceiling is not reached on time, it can erode investors’ confidence in the US government’s ability to manage its finances effectively. Such a loss of confidence may result in a shift of investments away from stocks and into safer assets, such as bonds or gold, as investors seek to mitigate risks during periods of market uncertainty. 
Impact of US Debt Ceiling on the Stock Market
The impact of the US Debt Ceiling on the stock market can vary depending on several factors, including the resolution timeline and market sentiment. In some instances, prolonged debates and delays in raising the debt ceiling can lead to increased market volatility and downward pressure on stock prices. This uncertainty can damper investors’ sentiments, leading to a sell-off in equities. 
In the future when a resolution is reached to raise the debt ceiling, it can provide relief to the market, leading to a potential rebound in the stock prices. However, it is important to note that the resolution itself may come with certain fiscal adjustments or compromises that can have broader implications for the economy and the market performance. 
The US economy is not in a very strong situation right now. The latest UC economic data shows that consumption is slowing down, wage growth has nearly stopped, manufacturing outputs are not trending upward and the high inflation continues to hurt families and corporations alike. 
Many well-known economists have predicted a recession by the end of the year even without a debt ceiling crisis. The debt crisis going on will only add salt to their already wounded bodies. 
The stock market is very unpredictable, and no one knows what will happen in the financial market. It is possible the stock market could go up in the short term if a default or shutdown crisis is avoided. 
It is very difficult for short-term traders in such uncertain markets. But when it comes to long-term traders, they need now worry about the US debt ceiling. 
Closing Thoughts 
The US debt ceiling is a critical aspect of the country’s financial landscape that can have a notable impact on the stock market. The uncertainty and the market volatility associated with the debt ceiling debates can influence investors’ confidence, risk perception, and stock prices. Thus it is essential for investors to stay informed and adapt appropriate strategies to navigate potential market fluctuations during these periods.
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research--blog · 1 year
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According to a new market research report titled, ‘Carotenoids Market by Type (Astaxanthin, Beta-carotene, Lutein, Lycopene, Zeaxanthin), Form (Beadlets, Liquid), Source (Synthetic, Natural), Application (Feed, Food & Beverages, Dietary Supplements, Cosmetics, Pharmaceuticals) — Forecasts to 2030,’ the carotenoids market is expected to grow at a CAGR of 3.8% from 2023 to 2030 to reach $2.26 billion by 2030.
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Carotenoid is a group of pigments naturally present in vegetal raw materials that have biological properties. These pigments have been used mainly in food, feed, pharmaceutical, cosmetic, and other industries. Nowadays, industrial production is executed through chemical synthesis. It is also essential to all photosynthetic organisms due to its eminent photoprotective and antioxidant properties.
The major factors driving the carotenoids market include the increasing demand for natural colorants, rising incidence of eye diseases and cancer, increasing awareness regarding clean-label products, and growing demand for natural skincare cosmetics.
Furthermore, the increasing use of carotenoids in aquaculture and emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa are expected to provide significant opportunities for the growth of this market. However, the stringent regulatory and approval norms and the high cost of natural pigments hinder the growth of this market to a notable extent.
The Impact of COVID-19 on the Carotenoids Market
The COVID-19 outbreak created a severe public health emergency globally, with its quick spread in more than 150 countries. Numerous countries worldwide declared emergencies and announced complete nationwide, statewide, or citywide lockdowns to combat & control the spread of this disease, halting all travel, transport, manufacturing, educational institutions, and non-essential trade, significantly impacting many industries globally, including animal feed, food & beverage, dietary supplements, and cosmetics.
The lockdowns forced the temporary closure of manufacturing facilities. Governments also enforced restrictions on operating capacities to ensure social distancing and curb the spread of the infection. Supply chains were disrupted, resulting in production limitations, complications in raw materials sourcing, and higher delivery costs, impacting the overall carotenoids market. Moreover, governments announced a temporary ban on foreign air travel. These factors affected the sales of carotenoid products.
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Moreover, the global cosmetic industry is a multi-billion-dollar industry that took a financial hit in 2020 due to the COVID-19 pandemic. Several factors, such as the shutdown of retail businesses; in-store shopping, salons, and beauty boutiques; working from home; physical distancing; and mandatory wearing of masks in many countries, impacted the cosmetic industry. Also, the global export of chicken, beef, and pork witnessed a significant decline due to the challenges posed by the outbreak of the COVID-19 pandemic. Further, the U.S. government imposed curfews, resulting in many farmers resorting to panic-buying of animal feed to avoid potential shortages. According to the American Feed Association, estimated animal feed consumption at the beginning of 2020 was 252.6 million tons; later, the consumption rate fell to 1.7%, at an estimated 248.4 million tons, with 4.2 million tons less feed consumed. Additionally, the transportation & logistics sector was significantly affected due to employees contracting COVID-19, which reduced deliveries and compelled farmers to stock their animal feed supplies. In addition, restrictions on the export and import of non-essential products due to temporary border closures in some countries further hindered the growth of this market.
However, according to an article published by Nutrition Outlook, the sales of dietary supplements increased during the pandemic due to their ability to strengthen the immune system against COVID-19. During the last week of March 2020, the sales of dietary supplements in the U.S. sharply increased by more than 35%. Thus, the growing demand for dietary supplements is expected to propel the growth of the carotenoids market.
The carotenoids market is segmented based on type, form, source, application, and geography.
Based on type, the carotenoids market is segmented into astaxanthin, beta-carotene, lutein, lycopene, canthaxanthin, zeaxanthin, and other carotenoids. In 2023, the astaxanthin segment is expected to account for the larger share of the carotenoids market. The large market share of this segment is attributed to the high demand for astaxanthin in nutraceutical applications due to its antioxidant properties, the rising demand for astaxanthin for the treatment of cancer, increased demand for astaxanthin in the aquaculture & animal feed industries, growth in the health-conscious population, and the rising adoption of novel technologies to increase the production of astaxanthin.
Based on form, the carotenoids market is segmented into beadlets, powder, liquid, gel, and other forms. In 2023, the beadlets segment is expected to account for the larger share of the carotenoids market. Beadlet carotenoids are free-flowing spherical particles developed from spray drying technology. Beadlet carotenoids offer good flow properties for easy handling, good particle size distribution, and high strength during tableting with resistance to pressures up to 10 tonnes/cm2. The large share of this segment is mainly attributed to its benefits, such as increased stability, cold water dispersion, high purity, and enhanced shelf life.
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Based on source, the carotenoids market is segmented into synthetic carotenoids and natural carotenoids. The natural carotenoids segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to the growing consumer inclination towards food & beverages, cosmetics, pharmaceuticals, and other products that are produced by adopting natural ingredients. In addition, factors such as unique antioxidant and coloring properties, short life cycles, active isoprenoid metabolism precursors for the carotenogenic pathway, and adequate storage capacity make these ideal cell factories for producing high-value carotenoids are expected to fuel the growth of this segment.
Based on application, the carotenoids market is segmented into feed, food & beverage, dietary supplements, cosmetics, pharmaceuticals, and other applications. In 2023, the feed segment is expected to account for the largest share of the carotenoids market. However, the dietary supplements segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to the rising prevalence of chronic diseases and the shift in consumer preferences towards natural carotenoids due to rising health awareness.
Based on geography, in 2023, Europe is expected to account for the largest share of the carotenoids market. The major market share of Europe is attributed to the growing food & beverage industry, rising health and wellness trend, rising meat consumption, and rising feed production, a well-established cosmetics industry, and the increasing demand for seafood as more and more people are becoming aware of the health benefits of fish consumption. Further, the increase in the aging population in the region has led to a surge in demand for lutein, lycopene, and beta-carotene to treat cataracts and reduce the risk of diabetes, cancer, and other heart-related issues. However, the market in Asia-Pacific is slated to register the fastest growth rate during the forecast period. The fast growth of this regional market is mainly due to the growing animal feed industry, increasing adoption of natural carotenoids in the food & beverage industry, increasing consumer preference for natural ingredients, and growing consumer awareness regarding the negative effects of synthetic carotenoids.
Some of the key players operating in the carotenoids market are Allied Biotech Corporation (China), BASF SE (Germany), Chr. Hansen Holding A/S (Denmark), Cyanotech Corporation (U.S.), DDW, Inc. (U.S.), Deinove SA (France), Divi’s Laboratories Limited (India), Döhler GmbH (Germany), ExcelVite Sdn. Bhd. (Malaysia), Kemin Industries, Inc. (U.S.), Koninklijke DSM N.V. (Netherlands), Lycored Corp. (Israel), Novus International, Inc. (U.S.), Vidya Europe SAS (France), and Zhejiang NHU Co., Ltd. (China).
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/carotenoids-market-5440
Scope of the Report
Carotenoids Market, by Type
Astaxanthin
Beta-carotene
Lutein
Lycopene
Canthaxanthin
Zeaxanthin
Other Carotenoids
Carotenoids Market, by Form                            
Beadlets
Powder
Liquid
Gel
Other Forms
Carotenoids Market, by Source         
Synthetic Carotenoids
Natural Carotenoids
Plant-sourced Natural Carotenoids
Microorganism-sourced Natural Carotenoids
Algae-sourced Natural Carotenoids
Carotenoids Market, by Application 
Feed
Food & Beverage
Dietary Supplements
Cosmetics
Pharmaceuticals
Other Applications
Carotenoids Market, by Geography
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
Japan
India
Australia
Rest of Asia-Pacific (RoAPAC)
Latin America (LATAM)
Brazil
Mexico
Argentina
Rest of Latin America (RoLATAM)
Middle East & Africa (MEA)
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bhavesh2022 · 1 year
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Probiotic Supplements Market is anticipated to record a valuation of US$ 11,529.10 million by 2028, a recent study by The Insight Partners
The global Probiotic Supplements Market size is expected to reach US$ 11,529.10 million by 2028, registering a CAGR of 7.6% from 2022 to 2028, according to a new research study conducted by The Insight Partners.
Rising Demand for Probiotic Supplements for Women Boosts Probiotic Supplements Market
Women experience specific health and well-being concerns that are influenced by genetic and hormonal changes throughout their lives. These issues can affect their immunity, mood, and digestive health, among others. Probiotics are gaining recognition as valuable support for women's health, mainly due to their ability to restore digestive and vaginal microflora balance, thereby contributing to mental well-being, digestive and vaginal health, and natural defenses. Lactobacillus spp. dominates the female vaginal microbiota. Therefore, probiotic supplements that contain lactobacillus strains, especially Lactobacillus rhamnosus and Lactobacillus fermentum, can help prevent bacterial vaginosis, urinary tract infections, and yeast infections. For example, in March 2022, Queen V, a feminine wellness brand, launched DD Probiotic Daily Dose Supplement to promote vaginal health by balancing yeast and bacteria while supporting digestive, immune, and antioxidant health. Probiotic supplements enhance immunity, increase fertility, and improve overall gut health among women. Additionally, probiotic supplements can help alleviate menopausal symptoms, such as low mood, vaginal dryness, weight gain, and bone health degradation, by balancing vaginal microflora, boosting estrogen levels, supporting overall gut health, and increasing nutrient absorption.
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According to the National Centre of Biotechnology Information (NCBI), women are two- to six-times more likely to experience irritable bowel syndrome than men, and this disease is diagnosed at a rate of 2:1 in women compared with men. Hence, they tend to focus on their health to stay fit and avoid infections and illnesses. This has led to high demand for probiotic supplements that support women’s health.
The COVID-19 pandemic had a significant impact on the probiotic supplements market.
Lockdowns,travel bans, and business shutdowns disrupted manufacturing processes due to restrictions imposed by government authorities in various countries. However, the pandemic also led to an increased demand for probiotic supplements as consumers sought out immunity-boosting and nutritious products. This resulted in a surge in sales of dietary supplements, including vitamins, multivitamins, and probiotics.
However, the pandemic also created operational difficulties, raw material shortages, and insufficient inventories, which led to a demand-supply gap and hindered the profitability of many small and large-scale players in the market. In 2021, as economies resumed operations and restrictions were relaxed, the global marketplace saw a boost. Manufacturers were permitted to operate at full capacity, helping them to overcome the consequences of the demand-supply gap and other repercussions. As a large number of citizens of many countries were fully vaccinated by 2021, probiotic manufacturers focused on scaling up their production operations to revive their businesses.
The probiotic supplements market is segmented based on product type, distribution channel, and geography. The market includes capsules and tablets, gummies, powder, and other product types, while the distribution channels include supermarkets and hypermarkets, specialty stores, online retail, and others. North America dominated the market in 2021, but Asia Pacific is expected to register the highest CAGR during the forecast period. The "Probiotic Supplements Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry, aiming to provide an overview of the market with detailed segmentation.
For More Information: https://www.theinsightpartners.com/reports/probiotic-supplements-market
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monday4econlive · 1 year
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How does pandemic affects the economy of automobile industry?
Looking at the past few years of the pandemic time, the pandemic has caused a great impact on many industries and markets. Particularly, it influenced the global automobile industry which caused firms to face the challenge of traditional operation mode. Automobile enterprises are facing unprecedented income and cost pressures, as well as extremely difficult capital allocation choices due to factory shutdowns, the obstruction of the restart, etc, that pandemic brought to the whole trade.  
During the pandemic, because of the isolation policy and other policies to prevent the spread of the virus, the shutdown of many factories and the inability of workers to work resulted in a stop in production and a significant reduction in production efficiency. The factory cannot process enough parts and the obvious outcome of this phenomenon is that the supply chain was interrupted or substantial reduction in supply and make shortage. The sales volume and profit of many companies are negatively affected.
In addition, the influence of the shortage of new cars in supply leads to an increase in the cost of automobile manufacturers. The supply chain disruption led to a shortage of key parts and materials needed by manufacturers to make new vehicles. The scarcity of goods led to the price rise of these materials, and the consequent cost of manufacturing a new car would be much higher than before the epidemic. The firms would not undertake the extra cost and reduce their profit, so these extra costs are passed on to consumers in the form of the price rise of new cars. On the other hand, although the price of the new vehicles increases, the shortage in the supply of new vehicles leads to the price of second-hand car market rises also. The reason for this situation is that the price of new cars is high and the condition of the new car is scarce and limited, and people’s demand for the new car decreases and then look to the second-hand car market. There are more second-hand cars and people regard them as substitute goods for new cars. When the demand for second-hand cars increases and the supply is limited, its price also increases. From my personal experience, my father wanted to buy a car during the pandemic but failed in the end. Because the price of the car he wanted to buy was much higher than he expected, and the salesperson told him that he could hardly get the existing car and that most models were not available. When my father turned his views to the second-hand car market, he found it ridiculous that old cars are even more expensive than new ones. 
Furthermore, the overall demand for both new and used cars decreased during the pandemic. One reason for this was the quarantine policies that were implemented. Most people were required to stay at home or at least reduce their frequency of going out. Therefore, many cars were left in garages for several months, which decreased the actual value of cars as a means of transportation. Another reason for the decrease in demand was the rise in the unemployment rate during the pandemic. Firms were facing a global economic crisis and were forced to lay off some employees to reduce their expenses. Although the government released some unemployment benefits, the overall income of the public still decreased, which also meant that the income constraint was lowered. Therefore, the public did not have enough budget to purchase either a new or used car.
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agathascaggiante · 1 year
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What is a recession? Is the UK in a recession?
(Originally presented as a TikTok script).
A recession is a big decrease in economic activity and the UK is NOT in one yet, but experts predict that will happen soon. Technically speaking, it’s a recession when there are two quarters in a row of negative growth. And this still hasn’t quite happened, although growth has really slowed down. Practically speaking, the recession will mean fewer jobs and less money-making opportunities. Most people will find money tighter than normal, and if you are trying to save up or buy property, that’s going to be harder as well. Next we’re gonna cover what caused the recession in the first place. 
What caused the UK recession? 
What caused the recession? Reason #1 is that the economy’s recovery after covid looks normal, but the average isn’t telling the whole story.
Actually the recovery was super unbalanced - on average rich people got richer, and poorer people got poorer. And if we look at industry, we see recovery is uneven there too. Pharmaceutical companies did really well, but things like car manufacturing and hospitality are still not recovered, and that’s gonna affect stuff down the line. This uneven recovery is why the high supply and low demand of some things is driving up inflation. 
On top of this there’s a big 2020 shaped gap in the economy that hasn’t been made up for - again the average looks normal for pre-covid levels, but to make up for the covid shutdown it would have had to actually increase by what we lost during that gap. Follow to find out more. 
Reason #2 is that it’s normal for the economy to go through peaks and valleys. On the way up, we all have more spending power and new businesses have space to grow. On the way down, spending gets way tighter and businesses that haven’t been successful end up shutting down. This cycle is normal. The reason this slump is turning into a recession though is from many bad factors combining - follow to find out more.  
Reason number three is that Brexit trade deals have been hurting the economy, with most exporters calling them bad for business. This has been especially bad for food suppliers and manufacturers. Increased costs and red tape from Brexit have forced the economy to slow down, and small businesses have been especially impacted. This means less growth for the UK, and less space for new innovation. 
Reason number four, supply chain issues are also damaging the economy. Russia invading Ukraine has driven up food prices and gas prices worldwide, with the two countries normally producing around 12% of the world’s calories. China’s covid lockdowns have also driven up global costs, and reduced supply of things like electronics and clothing. Overall this means an increase in cost of living and even higher inflation levels in the UK. Follow to find out more! 
Reason number five, there hasn’t been enough done to stop inflation. So the Bank of England is supposed to work with the government and keep inflation rates at around 2%, but currently they are at 9%. Of course, all the factors we listed so far have made this much harder than normal, and the Bank of England is especially blaming the war in Ukraine. But for the economy to recover, improvements in these financial policies are going to have to come as well, no matter how hard we work to fix everything else. 
Thanks for watching, I hope this series was helpful, and if it was, follow us for more! 
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addindiagroup · 1 year
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Covid Impact on Construction Industry
The pandemic had a significant impact on India's real estate sector as well as the growth of the construction industry. Every other area of the global economy did poor. The construction industry and real estate sectors have recovered more than most.
According to a report on 99 Acres.com, India's building industry growth has lost close to INR 1 billion since the pandemic began. For many real estate developers and the construction industry, there was a lack of funds.
Due to factors like loan, residential sales in India's top seven cities fell from 4lakh units in 2019–20 to 2.8lakh units in 2020–21. The entire construction industry and residential demand fell by more than 40% in the first half of FY21.
The growth of the construction industry is recovering. Not that COVID-19 is no longer a factor or that the world is free from its impact. The industry, on the other hand, has learned from the first and second waves and is better prepared to tackle the virus while continuing to conduct regular business.
One of the most key criteria of the country's real estate recovery and construction industry growth is housing sales, which have surged by 71% in India and are 90% higher than pre-COVID-19 2019 levels. A Money Life.in article claims that the Mumbai Metropolitan Region (MMR) won this competition by selling a sizable 76,400 units.
Hyderabad saw a huge 197 percent growth in sales from 8,560 units in 2020 to 25,410 units in 2021. Pune has proven to be a strong opponent, with sales increasing by 53% from 23,460 units in 2020 to 35,980 units in 2021.
But why did this increase occur during or after the pandemic that caused every business and every person on the planet to experience a financial low point? Let's look at a few impacts of Covid-19 on construction industry.
Impacts of COVID-19 on Construction Industry
Supply chain management
In various ways, the supply chain has been disturbed around the world. Many materials used in the construction industry are needed, due to lockdown; these products are not getting to the construction site from outside, which is slowing the construction process.
 
The many materials that come from various industries inside the nation or overseas via various vehicles for the construction sector cannot come. Due to the inability of all vehicles to arrive at lockdown, the required materials are not coming, which causes the work to be delayed.
The factories that manufacture all of these supplies are also losing a lot of money because these are not being sold which has not only caused the construction industry to fall but also damaged the livelihoods of people who carry these materials by vehicle.
Transportation problem
Due to the nationwide shutdown, all modes of transportation have been affected. Because of this, no materials are getting to the construction industry, and no employees can commute to work from home. The work stopped as a result.
Labor shortage
First, the department is entirely closed down, making it impossible for workers to get to their places of work. Second, because the disease is a viral condition, employees are more likely to catch it when they come into touch.
As a result, many workers refuse to report for duty. Furthermore, it is impossible to force employees to work without any form of protection.
Financial problem
Due to the work stoppage, companies are not making any kind of profit; on the contrary, more losses are being incurred. Not only is the company losing money, but all of the suppliers who provide the necessary materials to various companies for use in the construction industry are also suffering major losses.
Since the company's downfall, the companies that make the materials have stopped manufacturing and the supply chain has been shut down, causing multiple losses of them. Additionally, the government is unable to properly collect taxes from these locations due to the closure of the construction industry and the non-sale of factory-produced goods, which has a direct impact on the GDP of the nation. When the GDP of the nation drops, it has an impact on the global economy.
Source Link : https://addindiagroup.com/covid-impact-on-construction-industry/
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blueweave8 · 2 years
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Electric Farm Tractor Market Analysis, Insight, Forecast 2022-2028
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Global Electric Farm Tractor Market size to grow at a CAGR of 23% during the forecast period between 2022 and 2028, reaching a value of USD 532.9 million by 2028. Major growth drivers for global electric farm tractor market are strict government regulations to reduce pollution and high fossil fuel prices. Demand for electric farm tractors is increasing due to reduced power consumption and maintenance costs, combined with the capacity to transport heavier loads. Growing environmental concerns have prompted farmers to employ emission-free and environmentally friendly farming practices. Increasing electric farm tractor sales are projected to drive the global electric farm tractor market during the forecast period. However, the increase in rental market due to latest edge technologies and higher efficiency is anticipated to hamper the market growth during the period in analysis.
Global Electric Farm Tractor Market – Overview
Electric farm tractors consist electric motor that works on batteries to generate power and have minimal mechanical parts. The global electric farm tractor market is driven by growing focus on clean and sustainable agriculture. Furthermore, the increase in precise farming enables farmers to enhance operational efficiency to bridge the gap between agricultural products availability and consumers willing to purchase. Precision farming is a combination of strategies and tools that enable farmers to optimize and raise soil quality and productivity by implementing a set of targeted effective initiatives owing to latest edge technologies. In addition, precision farming technology makes better use of resources, such as water, seeds, land, fertilizers, and agricultural equipment. As a result, both the quality and quantity of harvested crops increase.
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Global Electric Farm Tractor Market – Regional Analysis
Geographically, global electric farm tractor market is segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa. The APAC region holds the highest market share in global market for electric farm tractors due to a spurring high demand for electric tractors in China and India. The agriculture sector is a critical component of India's economy. As a result, tractors are required to complete large-scale tasks. There is a considerable increase in demand for electric farm tractors in the region, which is being done to increase the field's total production.
Impact of COVID-19 on Global Electric Farm Tractor Market
COVID-19 pandemic adversely affected the supply chain for most of sectors around the world, including the electric farm tractor industry. Farmers' agricultural output was impaired by the COVID-19 pandemic, resulting in a decrease in revenue creation. As a result, farmers were unable to purchase advanced agricultural equipment. Furthermore, the imposition of a lockdown, travel restrictions, and the shutdown of industrial units has disrupted the whole supply chain, including farm equipment components procurement. As a result, new tractor production and sales fell, inhibiting worldwide electric farm tractor market growth. However, the market could grow rapidly following the easing of COVID-19-related restrictions worldwide.
Competitive Landscape
Major players operating in global electric farm tractor market include AGCO Corporation, Deere and Company, Kubota Corporation, Escorts Limited, Mahindra and Mahindra, Dongfend, SOLECTRAC, J.C. Bamford Excavators Ltd. (JCB), Alke, Cummins Inc., Fendt, Kubota Corporation, Motivo Engineering, Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., AutoNxt Automation Pvt. Ltd., Cellestial, Ztractor, and EcoFactor. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product development.
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New Research Report On Electric Ships Market | Covers Market Size, Share, Impact of COVID-19 | Forecast Till 2028
The Electric Ships Market is expected to grow from US$ 3.82 billion in 2021 to US$ 7.76 billion by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028.
An electric boat is any boat or ship whose primary propulsion technology is an electric drive system. It can be a full-battery electric, hydrogen fuel cell electric, electric hybrid boat or ship, from tugboats, ferries, cargo ships, and barges to tour boats, fishing trawlers, cruising yachts, and unmanned underwater vehicles (UUVs). Electric ships are driven electrically, unlike conventional diesel engine ships. These ships use a battery storage device as their power source to drive electric motors. Numerous types of batteries can be used in an electric ship, including lithium-ion batteries, lead-acid batteries, and fuel cells. Electric ships are mainly ferries and small passenger ships on inland waterways that sail entirely with ..electricity. They travel only short distances with ~80 km in a single charge. Further, solar-powered ships are also used in lightweight ships that require low power output. However, the power requirements of cargo ships cannot be fulfilled by a fully electric system due to heavyweight; hence cargo ships are utilizing a hybrid diesel-electric system.
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Based on type, the electric ships market is segmented into battery electric ships, plug-in hybrid electric ships, and hybrid electric ships. Based on the power, the electric ships market is segmented into less than 75 kW, 75-150 kW, 151-745 kW, 746-7560 kW, and more than 7560 kW. Based on range, the electric ships market is categorized into less than 50 km, 50-100 km, 101-1000 km, and more than 1000 km. Based on ships type, the electric ships market is segmented into cruise ship, ferries, tankers, bulk carriers, fishing vessels, destroyers, aircraft carriers, and others. By geography, the electric ships market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
The COVID-19 pandemic adversely affected the electric ships market. The pandemic led to unparalleled global impacts on human mobility. In the ocean, ship-based activities are affected due to severe restrictions on human movements and changes in consumption of goods. A few countries have closed their cruise industry due to the COVID-19 pandemic. However, some cruise lines are trying to resume their activities during the pandemic. Human activities in the ocean have been radically changed by the COVID-19 pandemic, with reports of port restrictions and shifts in consumption patterns impacting multiple maritime sectors, fisheries, passenger ferries, and cruise ships.
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Impact of COVID-19 Pandemic on Electric Ships Market
 In 2020, the COVID-19 pandemic adversely affected the growth of the global electric ship market due to the shutdown of manufacturing facilities and trade restrictions. Ship manufacturers had faced short-term operational issues due to supply chain disruption caused by several government initiatives to slow the spread of COVID-19. The shipping industry had become a significant part of several countries’ supply chains; it was significantly affected by the COVID-19 pandemic. The shipping industry depends on production, which was discontinued to prevent people from being affected by SARS-CoV-2, resulting in significant challenges. According to United Nations Conference on Trade and Development (UNCTAD) (UNCTAD 2020), coastal and maritime tourism is the largest blue economy sector, and 50% of the tourists choose a coastal destination for their holidays. Flights and cruises have been canceled; entire crews and passengers have been under quarantine; country borders were closed; and in many tourist areas, hotels, restaurants, and resorts were forced to close for a few months. This led to a sharp economic decline in this sector. Therefore, the overall impact of the COVID-19 pandemic on the electric ships market was negative.
Company Profiles
BAE Systems
Duffy Electric Boat Company
Fjellstrand AS
X Shore
General Dynamic Electric Boat
Hurtigruten
MAN Energy Solutions
PortLiner
Siemens Energy
VARD AS
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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