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The 2022 air cargo freightscape has been wrought and ravaged by all kinds of operational challenges that have led to skyrocketing rates and capacity compressions. This month's regional report turns the lens onto the Americas and where it stands in the global air cargo industry.
#americas #latinamerica #aircanada #avianca #canada #usa #mexico #iata #worldbank #americanairlines #northamerica
https://www.stattimes.com/air-....cargo/regional-round
The airline reported eight malfunction incidents in last 18 days, leading DGCA to say that SpiceJet had failed to establish safe, efficient, and reliable air services under Aircraft Rules, 1937
#replacementaircraft #aircraftmalfunction #spicejet #dgca #indicatorlightmalfunctioning #weatherradar #freighteraircraft #showcausenotice #malfunctionincidents #thedirectorategeneralofcivilaviation
https://www.stattimes.com/air-....cargo/dgca-issues-sh
מה מעורב בניתוחים בקיבה?
ניתוחי קיבה מבוצעים לטיפול בגידול שעשוי לריפוי. הניתוח כולל הסרת החלקים המושפעים וחיבור הוושט ישירות למעי הדק. זהו טיפול בטוח שכן הוא מסיר את הרקמות הסרטניות ומציל את החיים.
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Air cargo shipment of medical products necessitates meticulous logistical planning and execution. If these shipments are mishandled or the temperature of the product changes while being shipped, the company's integrity may be jeopardised.
#brusselsairport #pharma_aero #supplychain #logistics #pharmaceuticals #temperature #sustainability #medicalproducts
https://www.stattimes.com/air-....cargo/temperature-ju
Bio-based Chemicals Market 2021 Explosive Factors of Revenue by Industry Statistics, Size, Demands, Trends, Opportunity, Share and Forecast To 2028
The global Bio-based chemicals market size amounted to USD 73.16 billion in 2020. The market is predicted to grow from USD 77.10 billion in 2021 to USD 144.63 billion in 2028 at a CAGR of 9.4% during the forecast period. The increasing consumption of Bio-based solutions to ensure environmental sustainability will propel the market forward during the projected timeframe, states Fortune Business Insights in its report titled “Bio-based Chemicals Market, 2021-2028."
Bio-based chemicals are derived from Bio-based sources such as sugar, corn, biodegradable waste, cellulosic feedstock, or biomass. The demand for these chemicals is rising across several industries including food & beverage, pharmaceutical, automotive, textiles, and others. This rise in demand is due to depleting petroleum resources and growing unavailability of conventional fossil fuel based products. The growing need for sustainable solutions across industries will foster the market growth in the forthcoming years.
COVID-19 Impact:
Supply Chain Hurdles amid Pandemic to Affect Market Dynamics
The sudden outbreak and rapid spread of the COVID-19 pandemic led to various disruptions, including supply chain problems. Strict containment measures introduced by the respective governments constrained the movement of raw materials and affected industrial operations. Nationwide lockdown restrictions led to the stockpiling of long-lasting foods and basic staples such as wheat, rice, sugar, and other products. The rising agricultural consumption resulted in the shortage of raw materials required for chemicals production. These factors caused a slowdown in Bio-based chemicals market growth during the pandemic period.
Drivers & Restraints:
Depleting Fossil Fuel Resources to Provide Momentum to Market
Bio-based chemicals market growth is driven by the depletion of fossil fuel resources and rising greenhouse gas emissions. These factors have led to increased adoption of biomaterials. Ongoing initiatives to limit harmful emissions is supporting the adoption of Bio-based products across industries. The growing concept of green chemistry will further boost this adoption rate. Supportive government initiatives to limit the usage of harmful chemicals will work in favor of the market growth.
However, the market development could be hampered by the high cost of the product.
Regional Insights:
Europe registered revenue gains worth USD 35.59 billion in 2020 and will dominate the Bio-based chemicals market share over the assessment period. Leading position of the region can be contributed to the growing initiatives by the European Union to promote green and circular economy. Active steps to increase reliance on biomaterials will strengthen the regional outlook.
The market in Asia Pacific will witness robust growth led by the widespread shift towards Bio-based solutions and tightening environmental regulations. Meanwhile, North America will experience substantial growth led by growing R&D in the field of biomaterials.
Notable Industry Development:
December 2020: DuPont Nutrition & Biosciences and Kemira formed a strategic alliance for the formulation and commercialziation of the enzymatic polymerization-based polysaccharide platform technology by DuPont for various applications.
Browse Summary:
https://www.fortunebusinessins....ights.com/bio-based-
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Biocides Market Size, Industry Share and Growth Insights by Top Companies | Industry Forecast to 2027
According to Fortune Business Insights The global biocides industry is expected to reach USD 9,914.2 million by 2028, exhibiting a CAGR of 4.2% between 2021 and 2028. The growing adoption of innovative solutions in the medical industry will contribute positively to the market growth during the forecast period, states Fortune Business Insights, in a report, titled “Biocides Market, 2021-2028” The market size stood at USD 7,195.1 million in 2020.
Production in various sectors has been terminated due to the economic outage. This has resulted in a drop in sales volume and supply chain disruptions and a halt in paint & coatings shipments, considerably restricting this market. However, companies are introducing strategies to cope with the current situation, which, in turn, will incite the development of the global market in the forthcoming years.
Acquisition of INTACE by LANXESS to Foster Growth
LANXESS, a specialty chemicals firm, purchased INTACE SAS, a French firm, to expand its market share as one of the world's top producers of biocides and antimicrobials. The biocide firm, situated in Paris, makes specialist fungicides for the packaging sector. On January 14, 2021, LANXESS and the seller signed a memorandum of understanding to that effect. The parties have agreed to keep the acquisition price a secret. The acquisition is expected to close in the first quarter of 2021, according to LANXESS. The purchase will increase the biocides market share as INTACE anticipated revenue in half paid higher range by 2020. Paper, paperboard, soap packaging, labels, and banknotes are just a few of the applications for its goods. This business unit's products are utilized in a wide range of applications all around the world. The business unit delivers customer-specific solutions for diverse branches with its wide variety of active antibacterial agents and preservatives
Increasing Product Demand in Medical Applications to Open Up New Possibilities
The medical business is expanding as a result of increased consumer awareness of health and cleanliness, which is creating market possibilities. This, together with economic growth, is encouraging businesses to use new technology in developing medical solutions. Biocides are chemicals that are added to disinfectants and cleansers used in hospitals and clinics to keep them clean and sterilized. Surgical equipment, tools, surfaces, and fittings are all cleaned with them. The increase in demand can be ascribed to the product's ability to suppress microbial development. Furthermore, the product is used in the food and beverage industry and the leather industry. Thus, growing demand for these products will enable the speedy expansion of the market.
Paints & Coatings to Hold the Lion’s Share
Based on type, the market is segmented into halogen compounds, quaternary ammonium compounds, metallic compounds, phenolic, organic acids, organosulfur, and others.
Based on applications, the market is categorized into water treatment, food and personal care products, cleaning products, furniture and furnishings, clothing and textiles, leather and suede, paints and coatings, fuel preservatives, and others. Paints & coatings are expected to account for the largest share during the forecast period. The growth is attributed to its high utilization in the construction and automotive industry.
Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Thor Group Limited to Account for a High Share
Thor Group Limited manufactures products for a wide range of industrial and consumer uses. To gain a competitive edge in the biocides market, leading manufacturers are employing techniques such as boosting brand recognition, growing regional presence, and launching new product offers. Companies are also investing in technology advancements in order to broaden their product offerings.
Information Source:
https://www.fortunebusinessins....ights.com/biocides-m