Tuesday, June 30, 2020

Growth in Investment in Infrastructure Development expected to Drive Global Metal Ore Mining Market: Ken Research


Metal ore mining is a process of extraction of metals the earth's other heavenly bodies for useful purposes. The majority of mining involves the extraction of ore deposits such as iron, copper, zinc, molybdenum, nickel, lead, platinum, cobalt, gold, and silver. Metal ore mining industry is an industry that primarily covers mining of metallic minerals and development of mine sites. It also includes ore dressing and other beneficiating operations for instance crushing, grinding, washing, drying, sintering, concentrating, calcining, and leaching.

In the metal ore mining industry, robots are used for improving the efficiency and productivity of mines and reduce operational costs that expected the growth of the metal ore mining market in the forecast period. The use of robots in the industry is improving the efficiency and productivity of mines and reduces operational costs. Robotics is considerably increasing the mining capabilities by rolling out autonomous trucks & drills, thus reducing the need for human workforce. Robots are used in various critical mining activities for instance drilling, blasting explosives in mines, and guiding & driving off-highway haul trucks operating in mines.

According to study, Metal Ore Mining Global Market Report 2019 the key companies operating in the global metal ore mining market are BHP Billiton Ltd., Vale SA, Rio Tinto Plc., TATA STEEL, Barrick Gold Corp., Fortescue Metals Group Ltd., Nippon Steel & Sumitomo Metal Corporation (NSSMC), IMX Resources Limited, ArcelorMittal S.A., Western Desert Resources Limited.The key companies in the industry develop mine sites, mine and quarry metallic minerals and provide related support services, and formulate minerals for sale.

Based on type, metal ore mining market is segmented into zinc ore mining, iron ore mining, silver ore mining, gold ore mining, uranium-radium-vanadium ore mining, copper ore mining, nickel ore mining, lead ore mining, and other metal ore mining. Based on type of mines, market is segmented into underground mining and surface mining. In addition, based on end-use verticals, market is segmented into industry, mining and others.

The metal ore mining market is driven by growth in infrastructure development in developed and developing economies, followed by ease of extraction of ores from the mines and rise in demand in the automobiles, maritime purpose, structural engineering application, and general industrial application. However, mines produce large amounts of waste, which is a restraining factor for market. Moreover, rise in disposable income of people in emerging economies is a key opportunity for market. Furthermore, increase in rapid industrialization worldwide is a major trend for market.

Based on geography, the Asian-Pacific region dominates the global metal ore mining market owing to large mineral resources in the region. Additionally, the region makes up almost two-thirds of the global non-ferrous mineral exploration expenditure.Whereas, the North-American and European regions are anticipated to witness higher growth rate due to growth in economy over the forecast period. In upcoming years, t is predicted that future of the market will be bright caused by higher spending among construction and manufacturing industries during the forecast period.

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Monday, June 29, 2020

Increasing Number of Applications and Demand from the Artificial Leather Industry are Stimulating the Demand for PVC Emulsion in India: Ken Research


Rising Number of Applications: In the past few years, consumption of PVC emulsion has increased in a plethora of end-use applications such as for manufacturing synthetic leather, vinyl flooring and wall coverings, coir mats, gloves, toys, printing ink and many more. The artificial leather industry reached ~INR 61 billion in 2019 and was analyzed to be the largest user of PVC emulsion in India.

Rising Imports: The lack of new domestic manufacturing capacity addition and consistent rise in consumption has led to a significant rise in the imports of PVC emulsion/paste into the country over the review period. South Korea, Colombia Taiwan, Japan, China are among the top exporting countries for PVC emulsion imports in India. The price of imported PVC emulsion and raw materials including EDC & VCM impact the domestic prices of PVC emulsion/paste.

Growth of Automotive Industry: The total automobile production in India reached ~2.6 crore units in FY’2020. The automotive industry is a large consumer of PVC emulsion which is used to manufacture adhesives, sealants and synthetic leather upholstery. The growth of the automotive industry in the country has stimulated the rise in the demand for PVC emulsion.

Impact of Covid-19: The PVC Emulsion industry in India is expected to witness decline in FY’2021 due to the imposed lockdown in the first quarter of the year & halt in production activity, sales and logistics during the period. The temporary shutdown of end-user manufacturing facilities in the first quarter of the year is also impacting demand. The pandemic has also brought global trade to a standstill which would ultimately impact the industry as a significant proportion of the domestic demand is catered through imports. However, the industry is expected to witness steady recovery in the following financial year with manufacturing activities and trade resuming. The domestic producers also have the opportunity to increase production and garner greater market share in the absence of imports.

Analysts at Ken Research in their latest publication "India PVC Emulsion Industry Outlook to FY’2025- Rising Consumption in Artificial Leather and Usage in Toy Manufacturing to Elevate Demand" observed that the increasing consumption of PVC paste/emulsion by various industries such as artificial leather, coir mats, vinyl flooring, adhesives & sealants & wall covering is propelling the demand for PVC emulsion. Reduction in custom duty on raw material import, government impetus to boost domestic manufacturing and growth of end-user industries is expected to drive the demand in the industry in the future. The India PVC Emulsion industry in terms of demand is expected to grow at a CAGR of 8.0% during the period FY’2020(P) – FY’2025.

Key Segments Covered:-
By Production
Import
Domestic

By End-Users (Domestic Volume)
Synthetic Leather
Flooring
Films and Sheets
Coir Mats
Adhesives & Sealants
Conveyor Belts
Wall Coverings
Others

By End-Users (Import Volume)
Synthetic Leather
Printing Ink
Toys
Coir Mats
Conveyor Belts
Others

Companies Covered:-
Finolex Industries Limited
Chemplast Sanmar Limited

Key Target Audience:-
PVC Emulsion Companies
PVC Paste Companies
PVC Suspension Companies
PVC Emulsion/Paste Importers

Time Period Captured in the Report:-
Historical Period: FY’2014 - FY’2020(P)
Forecast Period: FY’2020(P) - FY’2025

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Different Developing Trends in Nickel Mining Global Market Outlook: Ken Research

The nickel mining market progressively comprises of sales of nickel ores and concentrates by several entities (organizations, sole traders and partnerships) that mine nickel ore. The industry involves establishments improving mine sites and formulating nickel ores and recuperating nickel concentrates through the precipitation, leaching and elector wining nickel ores.

According to the report analysis, ‘Nickel Mining Global Market Report 2019’ states that in the nickel mining global market there are numerous companies which presently operating more actively for leading the fastest market growth and registering the handsome value of market share around the globe in the coming years while developing the applications and trends, spreading the awareness related to the nickel, delivering the better consumer satisfaction, decreasing the linked price, employing the young workforce and setting up developed technologies at mining site includes Vale SA, MMC Norilsk Nickel, Xstrata Plc, Jinchuan Group Ltd, BHP Billiton Ltd and several others.

In addition, companies included in the nickel mining are utilizing the portable X-ray fluorescence (XRF) analyzers to advance the extraction proficiency. Portable XRF analyzers can deliver the real-time analysis of nickel found in the rocks, soil, sediment, drill cuttings, and drill the core samples. Recent improvements in the portable XRF technology have advanced the limits of detection augmented the amount of elements measured, and decreased analysis test times.

Growing industrialization coupled with the infrastructure advancement has augmented the requirement for the steel across the world. The effective growth in the requirement for the steel has swelled the requirement for the nickel mining. The mining industry has seen a momentous growth that has resulted owing to the growing requirement for the minerals and metals from the dissimilar segments of the economy coupled with the improvements in the mining technologies.

In addition, the majority of the nickel introduced across the globe is utilized for the introduction of the alloy steel such as nickel steel and nickel cast iron. Other alloys introduced utilizing the nickels are alloys with chromium, lead, copper, gold, silver, cobalt, aluminum, nickel brasses and bronzes.
Based on the region, Western Europe was the largest economy in the worldwide nickel mining market, dominating for 42% of the market in 2018. North America was the second largest region registering for 29% of the worldwide nickel mining market. For instance, the Middle East was the smallest economy in the worldwide nickel mining market. However, the effective growth in the industrialization in Asia Pacific region has resulted in growing requirement for nickel. With numerous fresh industries in China and India coupled with the infrastructure development is predicted to augment the requirement for nickel, propelling the worldwide nickel market throughout the review duration. The nickel mining market offers plenty of choices for the fresh entrants to enter the market and compete with the prevailing players. Therefore, in the coming years, it is anticipated that the market of nickel mining will increase around the globe more progressively over the forthcoming years.

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India PVC Emulsion Market Outlook to 2025: Ken Research

The report titled India PVC Emulsion Market Outlook to 2025-Rising Consumption in Artificial Leather and Usage in Toy Manufacturing to Elevate Demandprovides a comprehensive analysis of the current positioning of the PVC emulsion/paste industry in India. The report covers various aspects including the market size, ecosystem & value chain analysis, end-user analysis, import-export scenario, trends and roadblocks faced by the industry. The report concludes with market projections for future of the PVC Emulsion industry in India including forecasted industry size by revenue and domestic demand by FY’2025 and segmentations and the analysts’ take on the future.

India PVC Emulsion Market Overview and Size
The Indian PVC Emulsion market is a major contributor to the growth of various key end-user sectors in the country. While suspension PVC dominates the Indian PVC resin industry, PVC emulsion/paste has witnessed significant growth in demand in the recent years. Both emulsion and micro-suspension processes of manufacturing PVC paste are prevalent in India. The PVC Emulsion/Paste industry in India in terms of demand in metric tons has grown at a CAGR of 7.8% over the period FY’2014-FY’2020(P). A large number of end-user industries such as artificial leather, flooring, coir mats, adhesives and sealants, conveyor belts among others have driven the demand for PVC paste in India. The domestic demand is catered by both imports as well as domestic production. The government is recently making efforts to stimulate domestic production in the country which is expected to positively impact the industry.

India PVC Emulsion Market Segmentations:
Production: The domestic demand for PVC emulsion is met by both imports and domestic production. The domestic production capacity is stagnant since the last few years which have led to the rise in imports into the country. In FY’2019, the top five countries South Korea, Columbia, Taiwan, Japan and China accounted for ~68.0% of the total import on the basis of value of imports.

End-Users (Domestic Volume): The synthetic leather industry was analyzed to be the largest end-user of PVC emulsion in India in FY’2020(P). The synthetic leather industry was valued at ~INR 61 billion in 2019. Flooring, films & sheets, coir mats, adhesives & sealants and other industries have also contributed to the rising demand in the country as PVC paste it helps in imparting different properties in terms of color, texture and opacity to end-product. PVC emulsion is majorly used for top and base coating in majority of these applications such as synthetic leather, flooring, conveyor belts and more.

End-Users (Import Volume): Synthetic leather accounted for majority of the imported PVC paste/emulsion consumption due to the large volumes required. There is growing demand for synthetic leather, particularly in the automotive industry for upholstery. Many large companies operating in the sector also export huge volumes of synthetic leather. In the recent years, the demand for PVC emulsion/paste by industries such as printing ink, toys, coir mats, conveyor belts & more has also increased significantly. Many coir mats & conveyor belt companies engaged in exports, directly import PVC emulsion/paste from countries such as Korea, Taiwan, China, Thailand & Germany among others.

Competition Scenario
The competition in the market is concentrated with only two players namely, Finolex Industries and Chemplast Sanmar, having domestic manufacturing capabilities. Both of these companies together cater almost half of the total domestic demand. These companies compete on the basis of parameters such as prices, grades offered, clientele, distribution network and end-users catered.

Future Outlook and Projections
The industry is expected to witness significant growth in terms of demand by FY’2025 with increasing number of applications of PVC paste and growth of end-user industries such as synthetic leather and automotive industry. The impetus of the government to proliferate domestic production by removing import duty on EDC import, increasing import duty on PVC from 7.5% to 10% and finished PVC products such as vinyl flooring from 10% to 15% is expected to positively impact the market in the future. Increasing demand for PVC emulsion for manufacturing coir mats, adhesives & sealants and conveyer belts among other products is further expected to stimulate industry growth.

Key Segments Covered:-
By Production
Import
Domestic

By End-Users (Domestic Volume)
Synthetic Leather
Flooring
Films and Sheets
Coir Mats
Adhesives & Sealants
Conveyor Belts
Wall Coverings
Others

By End-Users (Import Volume)
Synthetic Leather
Printing Ink
Toys
Coir Mats
Conveyor Belts
Others

Companies Covered:-
Finolex Industries Limited
Chemplast Sanmar Limited

Key Target Audience:-
PVC Emulsion Companies
PVC Paste Companies
PVC Suspension Companies
PVC Emulsion/Paste Importers

Time Period Captured in the Report:-
Historical Period: FY’2014 - FY’2020(P)
Forecast Period: FY’2020(P) - FY’2025

Key Topics Covered in the Report:-
India PVC Emulsion Market Overview
PVC Emulsion Value Chain Analysis and Manufacturing Processes
India PVC Emulsion Market Size on the Basis of Domestic Demand, Production Capacity, Volume and Revenue, FY’2014-FY’2020(P)
India PVC Emulsion Market Segmentations, FY’2020(P)
End-User Analysis
Trends & Developments, Issues & Challenges and Governments Regulations in the Industry
Trade Scenario in India PVC Emulsion Industry
SWOT Analysis
PVC Emulsion/Paste Grades in India and Competitiveness
Competition Scenario and Company Profiles of Major Companies
Future Outlook and Projections for India PVC Emulsion Industry including Market Size and Segmentations, FY’2025
Analyst Recommendations

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Ankur Gupta, Head Marketing & Communications
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Different Trends in Global Newspaper & Magazine Publishers Market Outlook: Ken Research

The publishing industry's market comprises of revenues engendered by several entities (organizations, sole traders or partnerships) that introduce and allocate publications involving the magazines, newspapers and directories and sell and formulate advertisements. The publishing industry introduces the material in printed or digital format.

According to the report analysis, ‘Newspaper & Magazines Publishers Global Market Report 2019’ states that in the newspaper and magazines publishers global market there are numerous companies which presently operating more actively for leading the fastest market growth and registering the handsome value of market share around the globe in the coming duration while developing the applications of such, spreading the awareness related to such, delivering the better consumer satisfaction, decreasing the linked prices and studying and analyzing the strategies and policies of the competitors includes News Corporation, Axel Springer, Gannett & Co Inc, Bertelsmann, Meredith and several others.

Publishers can have a comprehensive and deep perceptibility into their customers, distributors and several other stake holder data through their websites, social media sites advertising and payments. Publishers with the digital first model are contributing suggestively in building the in-house data and analytics abilities to adventure this For example, The New York Times curates what the digital customer reads and improves the recommendation based on it. Engaging the big data supports the newspapers present the most appropriate and the most observed articles to the reader. Firms such as Visual Revenue Inc. utilize the big data to attain at a value for a precise article. Engaging such tools can advance the customer base of the newspaper and magazine industry.

For instance, aspects limiting the market was in traditional approach, receiving publish any material was an extensive procedure owing to the rejections from both publishers and agents. Another motive, pay to authors from the publishers was very fewer and only double a year which also produced their financial life. Apart from this, with augmenting reading choices, authors of e-books can imperative the market owing to it will save their price for get it permitted and published. Also, for the readers it will be time saving plus at the time of buying payment approaches are convenient, which will provide the more create choices for the market.

Based on the region, the newspaper & magazines publisher global market is spread around the globe which majorly involves Asia Pacific region, North America, Europe and rest of the world. Whereas, the Asia Pacific region was the largest economy in the worldwide newspaper & magazines publishers market, registering for 36% of the market in 2018. North America was the second wildest region dominating for 30% of the worldwide newspaper & magazines publishers market. For instance, the Eastern Europe was the smallest region in the international newspaper & magazines publishers market.

Not only has this, the great companies in newspaper & magazine publisher global market are significantly establishing several research and development programs and implementing the policies of joint ventures, mergers and acquisition, partnerships, collaborations, new product development and several other for ruling across the globe and obtaining the competitive edge. Therefore, in the coming years, it is anticipated that the market of newspaper & magazine publisher will increase around the world more progressively over the inflowing duration.

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Rise in Industrial Development to Drive Global Metalworking Machinery Manufacturing Market Over the Forecast Period: Ken Research


The metalworking machinery manufacturing market consists of sales of industrial and commercial machinery by establishments that produces industrial and commercial machinery. These establishments are engaged in assembling parts into components, sub-assemblies and complete machines. The rise in the metalworking machinery manufacturing market is primarily based on the high demand for the general purpose machinery such as pumps, compressors, elevators, metros, and packaging machinery, global investments in construction, agriculture, and power generation industries. Machinery demand have also been registered from industry group comprised of establishments, that are primarily engaged in manufacturing industrial molds, such as tools, dies, jigs and fixtures and machine tool accessories and attachments. However, the market for metalworking machinery manufacturing may face some restraints associated to global recession, increase in interest rate and subsidies reduction. The advanced machinery such as 6-axis CNC machine now witnessing an increased demand as it converts raw metal bar into final product by turning from the both fixture ends. The high quality products minimizes the errors. CNC milling further helps over the short-run production of the complex parts and fabrication of unique precision components. The rise in use of metalworking machinery manufacturing further expected to support the increased economic activity, and investment in the machinery manufacturing industry. The metalworking Machinery Manufacturing market includes segments such as Special Die & Tool, Die Set, Jig, And Fixture Manufacturing, Industrial Mold Manufacturing, and Machine Tool Accessory Manufacturing.

According to report Metalworking Machinery Manufacturing Global Market Report 2019Some of the key players Yamazaki Mazak, Amada Co. Ltd, DMG Mori Seiki AG, JTEKT Corporation, Shenyang Machine Tool Co. Ltd, Fives Machining Systems Inc. and Hardinge Inc. DMG MORI, ERLO, Giben International, Haas Automation, Knuth Machine Tools, IMSA, and TRUMPF Group. The key players have also adopted mergers & acquisition strategy for the business growth.

The continuous increase in the economic activity and the investments over the manufacturing industry over the worldwide are the primary factor driving the market growth. Moreover, the low fuel prices are supported the market growth. However, regulations surrounding carbon emissions and unstable global metal prices may impact the market growth. However, ongoing research & development activities over major players are expected to create the potential opportunities over the forecast period.

Based on type, metalworking machinery manufacturing market is segmented into the other general purpose machinery manufacturing, agriculture, construction, mining machinery manufacturing, engine, turbine, and power transmission equipment manufacturing, metalworking machinery manufacturing, industrial machinery manufacturing, heating, air-conditioning, and commercial refrigeration equipment manufacturing, commercial and service industry machinery manufacturing,. Among these segments, and other general purpose machinery manufacturing are the largest segment in the machinery manufacturing market.

Based on geography, metalworking machinery manufacturing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these, the Asia-Pacific market accounted for the largest share. The ever rising of shoring, robotics and automation and driverless tractors and robots are the major trends witnessed in the global machinery manufacturing market. Moreover the low interest rate environment, technology development, growth in consumer markets are expected to significantly increase over the forecast period.

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