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Lufthansa Cargo Q2 earnings up 48% on increased demand, higher yields
In the first half, Lufthansa Cargo achieved a new record adjusted EBIT of €977mn compared to €641mn in H12021.
https://www.itln.in/aviation/l....ufthansa-cargo-q2-ea
Lufthansa Cargo Q2 earnings up 48% on increased demand, higher yields
In the first half, Lufthansa Cargo achieved a new record adjusted EBIT of €977mn compared to €641mn in H12021.
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Dunzo's B2B Logistics arm makes ONDC debut
Having built expertise over multiple years of experience, the partnership with ONDC will add strength to local businesses to accelerate their growth and order volumes through the network.
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Antimicrobial Coatings Market Demand, Recent Trends, Size and Share Estimation by 2028 with Top Players
The global antimicrobial coating industry size is predicted to reach USD 8,650.7 Million by 2027, exhibiting a CAGR of 11.5% during the forecast period. The rising awareness regarding the advantages of active ingredients found in antimicrobial coatings to prevent microbial growth in the wall, door handles and other indoor objects will accelerate the antimicrobial coatings market growth, states Fortune Business Insights in a report, titled Antimicrobial Coatings Market Size, Share & Industry Analysis, By Type (Metallic {Silver, Copper, and Others}, and Non-metallic {Polymeric, and Others}), By Application (Medical & Healthcare, Indoor Air / HVAC, Mold Remediation, Building & Construction, Food & Beverage, Textile, and Others), and Regional Forecast, 2020-2027” the market size stood at USD 3,690.0 Million in 2019. The rising prevalence of diseases will spur significant demand for antimicrobial coatings in prevention and protection against mold, fungi, and bacteria during the forecast period.
Market Driver:
Strong Utilization of Antimicrobial in Disease Prevention to Improve Business Prospects
The increasing application of antimicrobial coatings in healthcare facilities can be a vital factor in inflating the demand of the market. For instance, Healthcare-related infections (HCAI), also known as nosocomial infections lead to a high rate of morbidity and mortality in patients. As per the World Health Organization, Fact Sheet, Hundreds of millions of patients are affected by healthcare-associated infections worldwide each year, leading to significant mortality and financial losses for health systems. The rising cases of HCAI in the developing nations will create opportunities for the market. The World Health Organization, states in high-income countries, approximately 30% of patients in intensive care units (ICU) are affected by at least one healthcare-associated infection. Likewise, the European Center for Disease Prevention and Control (ECDC) estimates that about 4.1 million acute care patients develop an HCAI annually, with 37,000 deaths directly attributed to HCAI. The increasing cognizance of HCAI and pandemics such as COVID-19 will lead to the improvement in the safety and hygiene of patients in hospitals, which, in turn, will aid the expansion of the market. Also, the rising concertation to prevent the growth of microbes, which can lead to infections or cause product degradation will foster healthy growth of the market.
Market Restraint:
Hazardous Effects of Antimicrobial on the Environment to Restrict Growth
The toxic agents found in antimicrobial coatings can lead to severe environmental damage, which can consequently dampen the growth of the market. Active ingredients released from the coatings end up in different locations, thus leading to microbiota exposure and potential adversities for the environment. The rising knowledge of antimicrobial coatings risk-factors is likely to dwindle the market revenue during the forecast period. The biocidal products are potentially lethal, i.e. they exhibit toxic properties to various types of cells or organisms due to inhibition of target organism proliferation such as pathogenic bacteria or microorganism biofilms.
Regional Analysis:
Favorable Laws and Policies will Strengthen Market in North America
The market size in North America stood at USD 1,383.5 million in 2019. North America and is likely to remain dominant during the forecast period. The growth in the region is attributed to the rising demand for antimicrobial coatings in indoor air / HVAC and medical applications. Favorable Healthcare Policies and laws will further promote the market in North America. The rising demand from the food & beverages and apparel industry in the U.S. and Canada will support the growth in North America. The increasing living standards of people along with the rising healthcare spending in the U.S. will further aid the development of the market. The growing innovation in the healthcare industry and the growing production of processed foods will contribute positively to the market in North America.
Significant Development:
January 2019: Akzo Nobel N.V., a global leader and produced of powder coatings, announced that its Interpon AM range, containing BioCote antimicrobial protection was selected to be applied on 2,350 door handles in Abu Dhabi clinic. This coating combats the growth of microbes such as bacteria and mold.
The Report Lists the Main Companies in the Antimicrobial Coatings Market
Akzo Nobel N.V.
Axalta Coating Systems
PPG Industrial Coatings
John Desmond Limited
BASF SE
Nippon Paint (India) Company Limited
The Sherwin-Williams Company
DuPont
Damond Vogel
Information Source: -
https://www.fortunebusinessins....ights.com/antimicrob
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Metal Fiber Market Share, Worldwide Growth, Size, Business Analysis, Outlook andFortune by 2027
The global metal fiber industry growth is set to gain momentum from its surging usage in various aircraft as a sound attenuation element. Nowadays, the increasing population in cities is, in turn, raising the volume of air traffic. Hence, the demand for silent aircraft is increasing to lower noise pollution and to control air traffic. Fortune Business Insights™ published this information in a new report, titled, “Metal Fiber Market Size, Share & COVID-19 Impact Analysis, By Product (Steel, Nickel, Copper, Aluminum, and Others), By Technology (Bundle Drawing, Foil Shaving, Machining, And Melt Spinning), By Application (ESD/EMI Protection, Filtration, Hot Glass Manipulation, Electrical Cables, Specialties, and Others), By End-Use (Textile, Automotive, Aerospace, Power & Electronics, and Others), and Regional Forecast, 2020-2027.” The report further states that the metal fiber market size was USD 4,701.0 million in 2019 and is projected to reach USD 6,561.6 million by 2027, exhibiting a CAGR of 4.5% during the forecast period.
Drivers & Restraints-
High Demand for Conductive Textile to Accelerate Growth
The demand for metal fiber is high from the textile industry worldwide. This is because of the recent trend of wearing smart textiles or e-textiles. Also, biomedical clothing contains electrodes made of conductive yarns. Besides, antistatic or conductive textiles are used extensively in a wide range of applications, such as military, electronic devices, home textiles, and optical & pharmaceutical industries.
However, the development of innovative metal fiber production technology requires the assistance of various fields, namely, pressure handling, powder metallurgy, porous materials, and non-woven manufacturing. Manufacturers sometimes are unable to keep up with the requirements. This factor may hamper the metal fiber market growth in the coming years.
Regional Analysis-
Asia Pacific to Remain at Forefront Backed by High Demand from India & China
Asia Pacific dominated the market in 2019 and is likely to remain in its position in the near future. This growth is attributable to the high demand for these fibers from India and China. Also, India would showcase a considerable demand from the textile and automotive industries. In 2019, North America procured USD 629.9 million in terms of revenue. The increasing usage of textiles, such as protective clothing, upholstery fabrics, and carpets is set to surge the demand for metal fiber in this region.
Competitive Landscape-
Key Players Focus on Expanding Production to Attract More Customers
The market is highly fragmented. Most of the companies are adopting strategies, such as investments, acquisitions, research & development activities, and innovation to strengthen their positions. Some of the others are broadening their production processes and shifting their facilities to bigger locations for attracting more customers. Below is a recent industry development:
Browse Link:
https://www.fortunebusinessins....ights.com/metal-fibe