Profitable Insights Of Ghana Agriculture Market Outlook: Ken Research

Agriculture in Ghana consists of a range of agricultural merchandise and is an established economic sector, and provides employment on an official and unofficial basis. Ghana produces a spread of crops in numerous climatic zones that range from dry savanna to wet forest and that run in east–west bands across Ghana. Agricultural harvests, together with yams, grains, cocoa, oil palms, and kola nuts and timber, form the base of agriculture in Ghana’s expensive. In 2013 agriculture used 53.6% of the entire labor force in Ghana. As a result of such a bigger part of the economy depends on rain fed agriculture, it’s expected that climate change in Ghana can have serious consequences for each cash crops and staples.

According to the study, ‘Ghana Agriculture Market Trends, Statistics, Growth, and Forecasts’  The Ghana government has been supporting the agriculture trade with a variety of policies, attempting to stabilise the output and seeking ways to confirm the region is emergent healthily and sustainably. The Ghana federal government has been exceedingly loyal of agriculture for many years, and there’s broad political accord on the necessity for land, labour and tax reform to assist the region reach its potential. Due to reassuring policies, the agriculture sector’s performance has been up steadily within recent years. Ghana keeps its first rank within the world in terms of farming output, manufacturing massive quantities of rice, wheat, cotton, meat, poultry, eggs and fishery merchandises. The new strategy calls for additional efforts to confirm the availability of key farm merchandises, promoting the supply-side structural reform and, additional significantly, enhancing environmental protection further pollution hindrance and waste treatment.

Despite the quick development of Ghana’s agriculture sector, issues emerge in regard to a range of aspects, together with the shrinking cultivable land, the deteriorating ecological status of environment due to the weighty utilization of fertilisers and pesticides, and therefore the issue of food security. There’s in addition abundant area to increase in terms of rising the usage of machinery and advanced technologies within the agriculture sector. The country has created efforts to integrate fresh agricultural technologies to expand the sector’s productivity and increase land productivity. The high prices and low profits of agricultural production are the main internal inhibitors of Ghana’s agriculture sector. They are in addition the first issue limiting the enlargement of farmers’ income and resulting in reduction of the labour force in agriculture. The government has adopted a variety of multi-year policies, like a pledge to double farmer incomes and become independent within pulses across an indeterminate short-range period. However, reform requirements to go a lot of deeper, particularly bearing in mind the fact that within the years to 2050, agriculture is predicted to offer livelihoods for around half the rural population, regardless of ongoing urbanisation in the country. Ghana has taken economic development seriously and necessities to nourish its whetted craving. Ghana’s agriculture sector offers livelihoods to households within rural areas. Together with forestry and fisheries, it is one of the biggest contributors to Ghana’s GDP.

Vegetable production shows off an important in provided that income and occupation for an important ratio of small holder farmers and dealers in Ghana. Tomatoes, okra, onions, and egg plant are the main vegetables created within the country. Most of those vegetables find a prepared market, not solely in cities however additionally in rural areas. In addition, with the emergence of a bulky middle class, a growing number of customers within the country are demanding a higher amount and quality of fresh produce. As a result, the domestic vegetable-market alone is rising that is predictable to drive the growth of the agricultural industry in the country.

In addition, the Ghana government has for many years actively supported the agriculture sector through mechanisms like fertilizer subsidies, and relaxed loaning conditions, amongst others, permitting farmers to own a good estimation of their revenues and set up for future agricultural season consequently. Through a network of public organisations and numerous programmes and schemes, Ghana’s federal and regional authorities are attempting to protect agricultural producers and boost production.

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Ghana Agriculture Market

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Develop Your Brand Globally With Our Lead Generation Service: Ken Research

 The Lead generation is the decisive way of poignant the interest of ample strangers or new trades to your company’s products or services. It is a marketing tactic and has congregated the attention of various financial setups in the past decade. The Lead refers to the recordkeeping of a user either through registration or application development. In meeker ways entangling your purchaser into a particular channel where they become loyal to your brand and are uninterruptedly in search of any original content regarding the products or services, you can organize.

Ken Research’s Lead Generation Services in India would relieve you upturn sales, grow market share, and build unmatched brand equity. Recognizing the potential customers when they are in unconventional stages of an acquisition funnel has never been easy. With the Ken Research’s Lead Generation Route Flow, you can identify, connect and exchange leads faster than your competition. The route involves extensive market research, prospect identification, instituting contacts with the prospects through exact channels, and attracting leads through speckled campaigns. Effective lead management is the prosperous tracking of leads from the initial collaboration to purchase and beyond.

With the utilization of our lead or lead generation service, you can tempt your buyers or regular customers into giving away indispensable information about the products or services the corporation is offering. This indispensable information like how a certain product facilitated the customers? Was it easy to utilize? What do the clienteles think of? An answer to these questions can help your businesses to acclimatize to a better strategy concerning product development and lead nurturing.

Additionally, through our lead generation, you can get a speedy response from the regulars in the form of feedback, like how much they cherished the product? OR would they recommend a comparable item to another person? This feedbacks recover the involvement of the online sales both for the company but also for the users as well. Our Lead generation can also benefit you to determine their beloved audience when you have found the flawless audience over the internet the rest is relaxed. It means that you will have to modify your aim and attention to the locations from where you are unloading the most positive comeback. It will assistance you score more sales and modification your temporary clienteles into real ones.

Our Lead generation through Digital Marketing can be tremendously cost-effective. With our services we make you believe that you can regulate your spending and utilize your money to target only the most applicable target audience. Moreover, our online lead generation targets your probable customers based on the rules you set and tries to find fresh leads for your brand on its own. This liberates up the time your sales team spend watching for leads. You can rather utilize this time to follow up on the leads and transforming them into purchasing consumers.

Not only has this, one of the major benefits of our lead generation through digital marketing is that you can pathway all the results and measure the accomplishment of online lead generation campaigns.

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Expansion of Offshore Oil & Gas Plants Expected to Drive Global Shipboard Cables Market: Ken Research

 The shipboard cables market comprises of sales of shipboard cables & related services. Shipboard cables are specific cables used for abroad the ships or vessels. Copper is a key component used in the production of shipboard cables. These cables include submarines, ocean drilling rigs, naval vessels and cruise ships. These cables are used for electrical installations in ships & offshore platforms for transfer of electric power to electric panels for control circuits, lighting and the transmission of vital instrumentation signals. These cables are fire-resistant, low smoke & halogen-free cables and flame retardant. These shipboard cables are available in various different configurations.

According to study, “Shipboard Cables Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global shipboard cables market are Eaton Corporation, Belden, Fujitsu Limited, SAB Cable, LEONI, Eland Cables, FSC Global, Belcom Cables Ltd, Nuhas Oman, Wilson Cables PTE Ltd., Cable Source PTE Ltd, TE Connectivity, Inc, Huawei Marine, SAMCO Inc, Teledyne Marine, HESFIBEL, SEACON, Hengtong Optic-Electric Co., Ltd, Sea and Land Technologies Pte. Ltd, Molex, Scorpion Oceanics, General Cable Company, ZTT Corporation, Axon Cable, OCC Corporation, Nexans. Key players are venturing into mergers & acquisitions. They are anticipated to launch novel products in the market. They are also anticipated to develop new technologies in the shipboard cable system market. Such strategies will probably assist them win over competitive edge in the global shipboard cable system market over the forecast period thus, resulting in rapid growth of the global shipboard cable system market.

Based on type, shipboard cables market is segmented as radio frequency cables, data & bus cables and fiber-optic cables. Fiber-optic cables flexible, watertight and gigabit ready. Based on offering, market is segmented as upgrade offering, installation & commissioning and maintenance offering. In addition, based on applications, market is segmented as oil & gas, marine & offshore and petrochemicals and others.

The shipboard cables market is driven by expansion of offshore oil & gas plants. The expansion of offshore oil & gas plants contain electrification of offshore oil & gas platforms that involves the use of efficient shipboard cables to connect the oil platforms to mainland power grids. However, high cost of raw material may impact the market. The increase in raw material costs augments the operational expenses and therefore increases the price of the end product.

Based on geography, the global shipboard cables market is segmented as North-America, Asia-Pacific, European and rest of the world. The Asia-Pacific and North-America regions hold major share in global market owing to increase in investments being made in the shipboard cable systems in the region. The European region is estimated to exhibit substantial growth rate due to increase in offshore oil & gas plants over the forecast period. The global shipboard cables market was valued at US $3.61 billion in 2019. It is projected to grow at a compound annual growth rate of 12.44% and reach US $5.77 billion by 2023.

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Global Shipboard Cables Market

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Different Trends Across Angola Agriculture Market Outlook: Ken Research

Angola Agriculture contains a tremendous potential. Angola could be a potentially rich agricultural country, with fertile soils, a favourable climate, and regarding 57.4 million hectare of agricultural land, together with more than 5.0 million ha of cultivatable land. Before independence from Portugal, Angola had a flourishing tradition of family-based farming and was independent in all main food crops except wheat. The country distributed coffee and maize, in addition to crops like sisal, bananas, tobacco and cassava. Domestic agricultural production capability doesn’t meet local demand. The foremost fertile regions are within the highlands and valleys.

According to the study, ‘Angola Agriculture Market Trends, Statistics, Growth, and Forecasts’ The Angola government has been supporting the agriculture business with a numeral of policies, making an attempt to stabilise the output and seeking ways to confirm the area is developing healthily and sustainably. The Angola federal government has been greatly sympathetic of agriculture for years, and there’s broad political consent on the requirement for land, labour and tax reform to assist the arena reach its potential. Due to reassuring policies, the agriculture sector’s presentation has been enlightening steadily within recent years. Angola retains its primary rank within the world in terms of agricultural production, manufacturing great quantities of rice, wheat, cotton, meat, poultry, eggs and fishery product. The fresh strategy demands for extra efforts to confirm the resource of key farm products, encouraging the supply-side structural reform and, more prominently, rising environmental protection further more pollution inhibition and waste treatment.

Despite the quick development of Angola’s agriculture sector, difficulties emerge in relevancy a range of aspects, as well as the shrinking cultivatable land, the deteriorating ecological status of surroundings owing to the weighty usage of fertilizers and pesticides, and the problem of food security. There is similarly much area to develop in terms of rising the usage of machinery and new technologies within the agriculture sector. The country has prepared efforts to integrate latest agricultural technologies to enhance the sector’s proficiency and rise land output. The high charges and low profits of agricultural production are the main internal inhibitors of Angola’s agriculture area. They are additionally the main factor limiting the expansion of farmers’ income and as a result of reduction of the labour force within agriculture.

The government has adopted a numeral of multi-year policies, like a recruit to double farmer profits and become self-financing in pulses across an unspecified short-range period. However, reform requests to go abundant deeper, particularly bearing in mind the fact that within the years to 2050, agriculture is predictable to deliver livelihoods for approximately half the rural population, in spite of current urbanisation within the country. Angola has taken economic growth completely and necessities to nourish its whetted hunger. Angola’s agriculture sector delivers livelihoods to households within rural areas. Together with forestry and fisheries, it’s one of the biggest contributors to Angola’s GDP. Furthermore, the Angola government has for many years actively maintained the agriculture sector through mechanisms like fertilizer subsidies, and comfortable lending situations, amongst others, countenancing farmers to take a fair estimate of their incomes and make strategy for the following agricultural season consequently. Through a system of public organizations and numerous programmes and schemes, Angola’s federal and regional establishments are demanding to protect agricultural producers and improvement production. Moreover, the favourable climatic conditions for crop production and favourable government policies encouraging the participation of private players for emerging the agriculture sector, like the National Medium-term Development Plan for the Agricultural Sector (PDMPSA) are some of the factors motivating the market growth. Thus, it is predicted that the Angola Agriculture market can increase within approaching years.

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Angola Agriculture Market

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Global High Temperature Elastomers Market Outlook: Ken Research

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High-temperature elastomers are that elastomers may be utilized in high-temperature applications necessities. In applications like under-the-hood applications in the automotive trade, sterilization in the medical business, and others necessitate materials that can withstand high temperatures, usually above 1500 Celsius and overhead. For such uses, special kinds of elastomers are utilized that can withstand great temperature for a lengthy-time period without weakening. These are relatively exclusive and are utilized in little amounts when compared to additional elastomers, hence building their market size in terms of volume reasonably less. Other properties of HTEs, like high chemical and solvent resistance, make them appropriate for aerospace, chemical processing, and oil and gas applications.

According to the study, ‘Global High-Temperature Elastomers Market: Market Segments:By Type (Fluorocarbon, Perfluorocarbon, Silicone, Fluorosilicone& Others);By Application (Automobile & Transportation, Semiconductor & Electronics, Healthcare, Consumer Products, Industrial Machinery& Others);and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ there are such a large amount of key players that are functioning successfully for the enlargement of the market which has Dow Corning, Daikin Industries, Momentive Performance Materials, DuPont, China National Bluestar, Wacker Chemie, Shin-Etsu Chemical, Solvay., KCC Corporation, The Chemours Company, 3M. Rising trade investment by key producers within the production of progressive elastomers is that the main issue seen within the marketplace for high-temperature elastomers. So as to increase the application areas of those elastomers and target new markets for business growth, businesses have begun capitalizing on R&D processes. The growing demand for new and latest polymers with exclusive properties is forcing manufacturers to capitalize in them. However, the development of an extremely capital-intensive production unit may be a major issue preventative the improvement of the demand for high-temperature elastomers. In assessment with additional ordinary elastomers, the producing price of those elastomers is higher. Under favourable conditions, the utilization of normal elastomers could also be cost-effective; however once the temperature rises, normal elastomers do not operate professionally and seem to fail. The value of elements made of high-performance materials may be a lot of over the value of another elastomer, however, the added protection gained is measured to justify the upper price parsimoniously thus hampering the complete High-Temperature Elastomers market.

The global High-Temperature Elastomers market is segmental on the premise of type and application. Based on Type, the market is scattered into Fluorocarbon, Perfluorocarbon, Silicone, Fluorosilicone, and others. Based on Application, the marketplace is characterized into Automobile & Transportation, Semiconductor & Electronics, Healthcare, Consumer Products, Industrial Machinery and others.

The regional investigation of the Global High-Temperature Elastomers market is taken into the account for the key regions like North America, Latin America, Europe, APAC, and MENA. APAC is that the region detained the biggest market share and therefore the trend is probably going to continue throughout the forecast amount. Market growth within the space is driven by the presence of various end-use industries, an increase in construction activity, the presence of an outsized range of producing corporations within the electrical and electronics industries, and speedy economic growth. Whereas, Europe is in addition anticipated to exhibit the highest rate / CAGR over the forecast amount 2020-2030.

Furthermore, the speedy growth of the automotive business, together with the wide use of high-temperature elastomers, is driving the expansion of the global market for high-temperature elastomers. The automotive business is experiencing substantial growth in rising economies like Latin America and Asia-Pacific owing to rapid growth in the demand for high-temperature elastomers. The dissimilar advantageous properties of these elastomers embrace resilience, toughness, and resistance to automotive lubricants and excessive heat. Additionally, in numerous other sectors, like oil & gas, energy, transport, aerospace, and healthcare, high-temperature elastomers are commonly utilized thus results in a rise in demand over the upcoming years. Thus, it is predicted that the Global High-Temperature Elastomers market can increase within approaching years.

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Global High Temperature Elastomers Market Future

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Qatar Facility Management Market Outlook: Ken Research

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Qatar is that the main marketplace for facility management services. Qatar Facility management states to expert services that make sure that the correct functioning of designed structures by integration the method, machinery, people, and place. Additionally, these services also check that the surroundings for workers, residents, and building quests are safe and hygienic. The government-led construction boom and rushing emphasis on green building practices are raising the demand for facility management in Qatar.

According to the analysis, ‘Qatar Facility Management Market: Market Segments: By Service (Property[HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management and Other Services);By End User (Commercial, Residential&Industrial)ByMode (In-House&Outsourced[Integrated, Bundled, Single]); By Type (Hard, Soft and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ there are many key players that are operational for the augmenting of the market that embraces Elegancia Hospitality & Facility Management Services, Cofely Besix Facility Management, Al Tamyoz Business Group, Conserve Facility Management Co. WLL, OCS Qatar LLC, COMO Facilities Management Services, Confident Enterprises WLL, Al-Asmakh Facilities Management WLL, CBM Qatar LLC, Mosanada Facilities Management Services. The investment within the infrastructure sector has been increasing owing to the forthcoming mega-events within the country, like the FIFA World Cup 2022, the Gulf Expo, and others; the Qatar facility management market has an encouraging future. For instance, so as to host the 2022 FIFA World Cup, quite $200 billion is being invested within infrastructure development within the country, together with new rail lines, new international airports and ports, highways, hotels, and several others. Also, the quick enlargement of business, education, and real estate areas would contribute toward the economic expansion of the country and result in a response for facility maintenance services. However, the country's rigorous staffing policies and labor laws act as the main constraints on the Qatari facility management market's expansion. Overtime charges are some of the main points of Qatar labor law; compulsory remunerations like paid leave, sick leave, gender equality, termination of service profits, health insurance, and termination of employment; and others.

The Qatar Facility Management market is segmental on the premise of Service, End User, Mode, and Type. Based on Service, the market is disseminated into HVAC maintenance services, Mechanical and electrical maintenance services, Cleaning services, Security services, Catering services, Support services, Environmental management services, and Other services. Based on End User, the market is categorized into Commercial, Industrial, and Residential. Based on Mode, the market is characterized as In-house, Outsourced. Based on Type, the market is considered into Hard, Soft, and Others.

 Additionally, Qatar facility management market is anticipated to witness important expansion within the upcoming years on the back of the potential growth of producing, public & government, commercial, and educational businesses. Moreover, rising business productivity coupled with expanding necessity of facility management by facility management teams to offer accurate strong-minded data like lease renewal management and operations management by tracking and notifying managers for additional action that proliferate the implementation for facility management in the coming years. Additionally, rising developing economies that is leading to the vast growth of infrastructure development is estimated to demand facility management in order to operate the smooth work and would spur the exponential growth of the Qatar facility management market in the coming timeframe.

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Qatar Facility Management Market Growth Rate

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COVID 19 Impacts on Saudi Arabia Facility Management Market: Ken Research

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Saudi Arabia is that the largest marketplace for facility management services within the Gulf Cooperation Council (GCC) province. Facility management (FM) could be a profession that encompasses multiple disciplines to confirm the particularity, comfort, safety, and competence of the built surroundings by participating in people, place, method, and technology. Today, FM has full-grown as a customer delight by expending the latest technology and modular building models to accommodate numerous desires, giving technique to managing facilities.

According to the study, ‘Saudi Arabia Facility Management Market: Market Segments: By Service (Property[HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management and Other Services);By End User (Commercial, Residential&Industrial)By Mode (In-House&Outsourced[Integrated, Bundled, Single]); By Type (Hard, Soft and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ definite that there are nearly corporations that at the moment working additional successfully for leading the foremost operative development of the market and finding the productive competitive edge whereas acceptive the productive moneymaking that interval during that and policies like joint ventures, mergers and acquisitions, partnership, merger, and merchandise development includes EMCOR Group Inc, Musanadah Facilities Management Co. Ltd, Al Borj International, Al Hajry Overseas Co. Ltd., Enova Facility Management, Petrojana, Rezayat Group, Nesma Trading Co. Ltd, Interserve plc, Khidmah LLC. In February 2020, Engie Cofely, a division of Engie S.A., assimilated two contracts for providing facility management services. The corporation signed a contract to arrange for facility management recommended and working out services at King Salman Energy Park (SPARK) and International Maritime Industries (IMI), within the country. In March 2019, EMCOR Group Inc. signed an agreement with Tatweer Buildings Corporation for provided that facility management services for three years. The company’s starring role as a managing agent would embrace the provision of the services at 2,714 schools through Saudi Arabia, as well as in the cities of Jeddah, Mecca, and Madinah. The country's severe staffing policies and labor laws act as the main constraints on Saudi Arabia facility management market's expansion. Overtime charges are exactly of the main points of labor law; compulsory benefits like paid leave, sick leave, gender equality, termination of service benefits, health insurance, and termination of employment; and others. Market-based corporations also face problems with securing workers' authorizations, seeking housing for employees, and others

The Saudi Arabia Facility Management market is segmental on the basis of Service, End User, Mode, and Type. Based on Service, the market is disseminated into Property services, Cleaning services, Security services, Catering services, Support services, Environmental management services, and Other services. Based on End User, the market is characterized into Commercial, Industrial, and Residential. Based on Mode, the market is categorized into In-house, Outsourced. Based on Type, the market is characterized into Hard, Soft, and Others.

Furthermore, Saudi Arabia's facilities management sector is basically driven by the increasing infrastructure industry, due to a large number of construction projects at dissimilar stages of the country's execution. Strong government maintenance, along with growing investment in the sector is motivating the need for facility management services within the region. The Saudi government launched the 'Smart City' initiative to progress infrastructure projects, in which the government tactics to organize smart cameras, smart parking solutions, smart solid waste disposal, smart lighting systems, and observing tools for environmental pollution, which are expected to drive the essential for services to conserve these systems. During the forecast period, such factors are predicted to rise the marketplace for facility management in Saudi Arabia.

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Saudi Arabia Facility Management Market Future

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Future Growth of UAE Facility Management Market: Ken Research

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Facility management is an essential part that handles many functions related to the enterprise and assists in streaming all the operations with reducing the cost. It provides a variety of disciplines & services to ensure the safety comfort, functionality, and efficiency of the built environment for instance infrastructure and real estate. It includes various parameters such as Communications management, operations & maintenance, emergency management & business continuity, real estate & property management, environmental stewardship & sustainability project management, hospitality & human factors and ergonomics. Facility Management is divided into two areas: Soft Facilities Management (Soft FM) and Hard Facilities Management (Hard FM). Soft FM deals with tasks performed by people including lease accounting, security, catering, grounds keeping, and custodial services whereas hard facilities management deals with the physical assets that include heating & cooling, elevators and plumbing.

According to study, “U.A.E. Facility Management Market: Market Segments: By Service (Property[HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management and Other Services);ByEnd User (Commercial, Residential&Industrial)By Mode (In-House&Outsourced[Integrated, Bundled, Single]); By Type (Hard, Soft and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030” the key companies operating in the U.A.E. facility management market are EFS Facilities Management Services, COFFEY BESIX Facility Management, EMCOR Group Inc., Imdaad LLC, EMCOR Group Inc, Farnek Services LLC, Etisalat Facilities Management LLC, Khidmah LLC, Transguard Group LLC, Al Shirawi Facilities Management LLC, Deyaar, Idama Facilities Management Solutions, MAB Facilities Management LLC, Enova Facility Management Services LLC, Eltizam Asset Management Group. These leading players have expanded their market presence by adopting various business strategies for instance acquisition, product development, geographical expansion, strategic alliance, and collaboration.

Based on type, U.A.E. facility management market is segmented as soft, hard, and others. Based on offering, the market is segmented as services and solutions. The services segment is further sub-segmented as managed services and professional services (auditing & quality assessment, consulting & training, deployment & integration, service-level agreement (SLA) management and support & maintenance). The solutions segment is further sub-segmented as facility property management (asset maintenance management, lease accounting & real estate management, reservation management, and workspace & relocation management), facility environment management (waste management and sustainability management), and facility operations & security management (lighting control, emergency & incident management and video surveillance & access control). Based on mode, the market is segmented as outsource (bundles, integration, and single) and in-house. The in-house segment holds the major share in the market due to the high acceptance rate. The in-house services segment is estimated to exhibit a considerable growth rate owing to the convenience they provide to users during the forecast period. In addition, based on end-user, the market is segmented as industrial, commercial, and residential.

The U.A.E. facility management market is driven by rising demand for facility management solutions integrated with intelligent software, followed by a surge in demand for cloud-based facility management solutions, growth in inclination to use advanced technologies for maintaining sustainability at workplaces, increase in the focus of enterprises to comply with regulatory policies, and growth in adoption of Internet-of-Things (IoT) and Artificial Intelligence (AI) in the facility management solutions.

However, the dearth of the skilled or expert workforce and lack of managerial awareness & standardization may impact the market. Moreover, the rise in the trend of outsourcing facility management operations is a key opportunity for the market. It is predicted that the future of the U.A.E. facility management market will be bright as a result of an increase in construction activities in the country and growth in the tourism industry during the forecast period.

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UAE Facility Management Market Analysis

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Future Growth Of Global Digital Payment Market: Ken Research

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Digital payment is a mode of payment, which is carried out with the aid of an electronic payment instrument. It enables peer to peer transfer between the payer and payee. It is safer & more reliable than the traditional method because it eliminates the chances of theft or robbery.  Some of the commonly used payment gateways are payment security & fraud management solutions, payment wallet solutions, and Point-of-Sale (POS) solutions.

According to study, “Digital Payment Market: Market Segments: By Component [Solutions (Payment Gateway Solutions, Payment Processing Solutions, Wallet Solutions, Payment Security and Fraud Management Solutions, Point of Sale Solutions), Services (professional services (Consulting, Implementation, Support and Maintenance), Managed Services)]; By Deployment Mode (On-Premises and Cloud); By Organization Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs)); By Product Type (Standalone and Integrated); By Vertical (Banking, Financial Services, and Insurance, Retail and Ecommerce, Healthcare, Travel and Hospitality, Transportation and Logistics, Media and Entertainment, and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030”. Some of the key companies operating in the global digital payment market are Apple Pay, Tencent, Alipay, Amazon Pay, Google Pay, First Data, MasterCard, Total System Services (TSYS), Novatti, Paypal, Fiserv, Visa Inc., Global Payments, BlueSnap, Net 1 UEPS Technologies, Financial Software & Systems, Worldline, Wirecard, ACI Worldwide, Chetu, Paysafe, PayU, Yapstone, Adyen, Worldpay (Vantiv), Aurus Inc.

On the basis of component, the digital payment market is bifurcated as services and solutions. Services include managed services and professional services (support & maintenance, implementation, and consulting). Solutions include payment security & fraud management solutions, payment gateway solutions, wallet solutions, payment processing solutions, and point of sale solutions. On the basis of product type, the market is bifurcated into integrated products and standalone products. On the basis of organization size, the market is bifurcated into small & medium enterprises and large enterprises. In addition, on the basis of the vertical, the market is bifurcated as media & entertainment, transportation & logistics, travel & hospitality, healthcare, retail & eCommerce, BFSI and others.

The digital payment market is driven by growth in the adoption of real-time payments, followed by high proliferation of smart-phones enabling m-commerce growth, growth in customer expectations, rise in the adoption of contactless payments, and increase in eCommerce sales & growth in internet penetration. However, a lack of digital literacy in emerging countries and a Lack of global standards for cross-border payments may impact the market. Moreover, progressive changes in regulatory frameworks and rapid decline in unbanked populations across the globe are key opportunities for the market.

Based on geography, the North-American is a leading region in the global digital payment market owing to the presence of a large number of solution providers and the growth of the mobile commerce industry coupled with the developed digital economy in the region. The European and Asian-Pacific regions are estimated to witness a higher growth rate due to the growth of digitalization and an increase in government efforts to use digital payments over the forecast period. It is projected that the future of the global market will be optimistic on account of an increase in the number of small & medium enterprises during the forecast period.  The digital payment market is expected to surpass the US $167.6 billion by 2030 from the US $77.9 billion in 2019 at a CAGR of 14.5% during the forecast period 2020-30.

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Global Digital Payment Market Analysis

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India Adhesives Market, India Adhesives Industry, Market Research Report, Market Major Players, Market Future Outlook: Ken Research

How India Adhesives Market Is Positioned?

India adhesives market showcased a stagnant growth rate in the last few years. Adhesives industry revenue stood at INR ~ Cr in FY’2020 and recorded a CAGR of 7.5% during FY’15-FY’20. Surging demand for water based adhesives in India is contributing to the growth of the adhesives industry in India. Government initiatives such as Make in India, Smart Cities project and Digital India contributing to adhesive market growth. There is high demand in the western region of India. Fluctuating raw material prices (VAM), which move in tandem with crude oil prices, high research and development expenditure required in the adhesives market is posing as a challenge to the adhesives industry in India. Global companies are expanding their presence with the establishment of manufacturing plants in different locations to target a larger target audience across India. The market witnessed a decline in the demand for adhesives during the Q2 of 2020 owing to COVID-19 situation.

Import value of adhesives in 2019 was recorded at INR ~ Cr. Market Share of epoxy in the adhesive import value was the highest with a market share of 51% followed by hot melt, cyanoacrylate and PVA with a combined market share of ~49% in 2019. The top 3-4 adhesive import countries captured a share of 95% in 2019.

The adhesives market in India is anticipated to witness a surge in the investments from the local and international players in the next few years.

The adhesives market in India is moderately concentrated with top 4-5 adhesive companies capturing a market share of 50% in FY’20. Major companies in the adhesives market include Pidilite, Astral, Henkel adhesive technology, Nikhil adhesives, 3M, Bostik, Sika, HB Fuller and others.

India Adhesives Market Segmentation

By Type of Adhesives (Industrial and Consumer Adhesive)

The industrial adhesive segment of the adhesives market is the biggest contributor to growth in this sector and was observed to dominate the market in FY’20. The market size for industrial adhesive segment of adhesive market was recorded at INR ~ Cr in FY’20. The industrial adhesive market is witnessing huge growth in India owing to the entry of global players, adoption of new technologies and others. The growing end user industries such as packaging, automotive, furniture and other industry is leading to a surge in the demand for adhesives in India. The most demanded adhesives in the industrial adhesive market include water based adhesives.

Consumer adhesive segment holds a share of ~% in the adhesives market in India in FY’20. Consumer adhesives market in India is highly concentrated in India with majority share captured by Pidilite. Factors contributing to the growth of the consumer adhesives market include expansion of dealer network, expansion of product categories under this segment and others.

Import Scenario within India Adhesives Market

Majority import for adhesives in 2019 was observed from The USA followed by Taiwan, China, Hong Kong, Germany and others. The adhesives imported the most in 2019 included Epoxy followed by hot melt adhesives, Cyanoacrylate, PVA adhesives.

How Industrial Adhesives Market Is Positioned In India?

The industrial adhesives market in India is at a growth stage, witnessing the entry of global players in this market. Industrial adhesives market is dominated by the organized adhesives players in India. The increase in end-user applications such as composite containers, flexible packaging, frozen food packaging, and specialty packaging has raised the demand for industrial adhesives in India. Rapid urbanization and the rise in the disposable income of the above middle-class in the country have sped up the furniture industry. The growing furniture industry is likely to enhance the demand for industrial adhesives in the future. Stricter government regulations towards the production and use of industrial adhesives to minimize health and environment risks could be a deterrent in future.

The industrial adhesives market is moderately concentrated with top 8-9 players capturing a huge market share in the FY’20.

Key Segments Covered in India Adhesives Market:-

By Type of Adhesives

Industrial Adhesives

Consumer Adhesives

India Industrial Adhesives Market

By Organized and Unorganized

Organized Market

Unorganized Market

By Type of Industries

Packaging

Furniture

Manufacturing

Others

By Type of Technology

Water Based

Solvent Based

Hot Melt

Reactive Adhesives

By Type of Products

Polyurethane (PU)

Polyvinyl Acetate (PVA)

Ethylene Vinyl Acetate (EVA)

Epoxy

Acrylic

India Consumer Adhesives Market:-

By Organized and Unorganized

Organized Market

Unorganized Market

By Type of Technology

Water Based

Reactive Adhesives

Hot Melt

By Type of Product

Polyvinyl Acetate (PVA)

Cyanoacrylate

Polyurethane (PU)

Epoxy

By Type of Users

Carpenter/ Intermediaries

End Consumers

By Type of End User Application

Wood Working

Maintenance

Art & Craft

By Channel

Paint and Hardware

Stationary and Retail

E-commerce

Key Target Audience:-

Industrial Adhesive Companies

Consumer Adhesive Companies

Sealant Companies

Adhesive Raw Material Companies

Time Period Captured in the Report:-

Historical Period: FY’15-FY’20

Forecast Period: FY’20-FY’26

Consumer Adhesive Companies (Brands) Covered:-

Pidilite (Fevicol, Fevicol MR, Fevicryl, Fevistick, Feviquik, Fevitite)

Astral (Resiwood, Resiquik, Bondite)

JACPL (Jivanjor)

Huntsman (Araldite)

Jyoti Resins and Adhesives (Euro7000)

Nikhil Adhesives (Mahacol)

Camlin (Camlin Glue)

Atul ltd. (Lapox)

Industrial Adhesive Companies Covered:-

3M

Anabond

Henkel Adhesives Technology

Henkel Anand India

HB Fuller

Chemie AG

Jowat Corporation

Sika

Metlok Private Limited

Bostik

Huntsman

Pidilite

Nikhil Adhesives

Dow Corning Corporation

Sika

Jesons Industries ltd.

Visen Industries

For More Information on the research report, refer to below link:-

India Adhesives Market

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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249