3 Key Insights on Competitive Landscape in the Global Carbon Fiber Composites Market: Ken Research

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Country-Niche Players Dominate the Carbon Fiber Composites Market, Despite the Presence of ~120 Competitors Comprising a Significant Number of Global and Regional Players, finds a recent market study on the Global Carbon Fiber Composites Market by Ken Research

Carbon Fiber is a long, thin strand of material, formed mostly of carbon items. The carbon items are combined together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. Carbon fiber is a polymer and is sometimes called graphite fiber. Carbon fiber is stronger and lighter than steel, which makes it ideal for manufacturing materials for multiple parts such as sports goods, automobile parts, airplane body structures, and others. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Constitute ~10% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~50% of Total Competitors by Type

Competitive Analysis by the research study found that the global carbon fiber composites market is significantly competitive with ~120 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in the manufacturing and supplying of carbon fiber composites for raw material such as Polyacrylonitrile, Rayon, and others. The large global players even though comprise about 10% in terms of the number of companies, hold a majority portion of the market revenue share followed by country-niche players which account for the majority of market revenue share. Most of the players are having their headquarters in the Asia Pacific region.

2. The majority Number of Players are Specialists, Manufacturing a Wide Array of Products in the Global Carbon Fiber Composites Market

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of carbon fiber composite products catering to multiple end-users such as automobile, wind energy, sports goods, aerospace, and defense. All leading competitors have a strong presence in the global carbon fiber composites market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to end-users demands.

• In November 2021, Hexcel Corporation and Fairmat, a deep technology startup based in France, announced an agreement to build the capability to recycle carbon fiber prepreg from Hexcel European operations for reuse in composites panel sold into the commercial market.
• In July 2021, Mitsubishi Chemical Corporation acquired two Germany-based carbon fiber recycling companies, CFK Valley Stade Recycling GmbH & Co. KG and CarbonNXT GmbH.

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3. Government Initiatives & Programs to Encourage the Expansion of the Global Carbon Fiber Composites Market

• According Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce, stated that, in September 2021, the Indian government issued a notification regarding a PLI (Production Linked Scheme) for automobile and auto components worth US$ 3.49 billion.
• In 2021, US$ 40.84 was invested for the construction of new wind farms in Europe, financing a record 24.6 GW of new capacity. 

For more information on the research report, refer to the below link:-

Global Carbon Fiber Composites Industry

3 Key Insights on Competitive Landscape in the Global Oleochemicals Market: Ken Research

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Country-Niche Players and Regional Players constitute ~50% and ~40% of market presence respectively Despite the Presence of about ~250 Competitors, find a Recent Market Study on Global Oleochemicals Market.

Oleochemicals are chemical substances made from natural fats and oils that can be employed in a range of industries as either raw materials or supplementary ingredients. Petrochemicals, which are made from petroleum, can be replaced with oleochemicals.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

Large Global Players Hold Around 40% of the Market Share Followed by Regional Players Holding ~35% of the Market Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Oleochemicals Market is competitive with ~250 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

According to the research, the Large Global Players held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by regional players which account for ~35% of the market share.

Leading Global Players Focus on Acquisition and Increase in Production to Cater to the Wider End-user Audience

Global players are highly focused on advancing their products and processes to improve in their product quality that can be used in multiple application segments like healthcare & pharmaceuticals, household care, Industrial, food & beverages, personal care & cosmetics, etc. Several companies are involved in strategic developments such as acquisitions, partnerships, and joint ventures.

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• In November 2019, Emery Oleochemicals expanded its distribution partnership with Omya Inc. Emery Oleochemicals is leveraging the capabilities of Omya to provide technical support to its USA-based customers for Green Polymer Additives (GPA) products, such as release agents, antifogging, lubricants, and specialty plasticizers.
• In August 2021, Edenor Technology Sdn Bhd, a joint venture of MEGA First Corp Bhd and 9M Technologies Sdn Bhd, undertook the acquisition of Emery Oleochemicals’ Asia Pacific unit. This has helped Edenor Technology Sdn Bhd to strengthen its presence in the oleochemical market of the Asia Pacific region.

Increased Initiatives of Governments Propelling the Growth of the Oleochemicals Market

• In Indonesia, the oleochemicals sector received a total of Rp. 14 trillion (US$1.4 billion) in investment from 12 companies since 2011. To lure more investors, the government of Indonesia grants tax holidays and tax allowances to companies willing to invest in the oleochemicals sector.
• European Union has brought a draft in 2021, to set out detailed rules to encourage the development of voluntary schemes that set standards for the production of sustainable biofuels, bioliquids, and biomass fuels and to certify them if they meet the standard.

Key Topics Covered in the Report

• Snapshot of the Global Oleochemicals Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Oleochemicals Market
• Historic Growth of the Overall Global Oleochemicals Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Oleochemicals Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• COVID-19 Impact on the Overall Global Oleochemicals Market
• Future Market Forecast and Growth Rates of the Total Global Oleochemicals Market and by Segments
• Market Size of Product Type / Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Oleochemicals Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Country

Major Players Mentioned in the report

• Emery Oleochemicals
• BASF SE
• Wilmar International
• Godrej Industries
• Cargill Inc.
• Kao Corporation
• Edenor Technology Sdn Bhd
• Oleon NV.
• IOI Group Berhad
• P&G Chemicals
• Twin River Technologies Inc.
• Croda International plc.

Notable Emerging Companies Mentioned in the Report

• Matrix Life Science
• VVF L.L.C.
• 3F Industries Limited.
• Vance Bioenergy Sdn. Bhd.
• EGC Reliant, Inc.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Preservatives Manufacturers
• Thickening Agents Manufacturers
• Fatty Acids Manufacturers
• Biofuel Dealers
• Industrial Lubricants Manufacturers
• Healthcare Products Manufacturers
• Palm Oil Manufacturers
• Major Chemical Manufacturing Firms
• Cosmetic Emollient Manufacturers
• Adhesives Manufacturers

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For more information on the research report, refer to below link:

Global Oleochemicals Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

3 Key Insights on Competitive Landscape in the Global Automotive Infotainment Systems Market: Ken Research

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Country-Niche Players Dominate the Industry Comprising ~50% Share of Total Competitors Despite the Presence of about ~200 Competitors Comprising a Significant Number of Regional Players and Global Players, finds a recent market study on the Global Automotive Infotainment Systems Market

The infotainment system can be described as a combination of automotive systems that are used to deliver information and entertainment to the driver and passenger using video or audio interfaces and control elements such as a button panel, touchscreen displays, voice commands, and many more. One of the fastest-growing technologies in the industry is automotive infotainment. Infotainment systems are now standard in the majority of cars. Smartphones and personal navigation systems can be connected to this entertainment system. The smartphone connectivity system fills the gap in the product life cycle between smartphones and vehicle infotainment.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Constitute ~15% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~50% of Total Competitors

Competitive Analysis by the Ken Research Study found that the Global Automotive Infotainment Systems Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their own niche in utilizing IoT technologies to boost vehicle end-to-end connectivity. The country-niche players comprise about ~50% in terms of the number of companies, followed by regional players accounting for ~35% in terms of the number of companies.

The incorporation of IoT technologies by automakers leads to enhance the end-to-end connection of automobiles. Technology has evolved as a result of automakers introducing digital monitoring systems (DMS) and advanced driver assistance systems (ADAS) into vehicles. As these systems are installed in the driver's infotainment system for monitoring and regulating purposes, their parking assistance and traffic update features of ADAS and DMS aid the driver during travel. The market for automotive infotainment systems is witnessing new growth opportunities as a result of these technical developments in driver safety.

2. Leading Global Specialists' Ongoing Efforts To Provide Automotive Infotainment Systems To A Variety Of Vehicle Types Like Passenger Cars, Commercial Vehicles and Electric Vehicle Is Likely To Boost The Market

Detailed comparative analysis of key competitors available within the Research Study shows that specialist players like Marelli Holdings Co., Ltd is strongly focused on providing Connected systems, Autonomous Driving, and On Board Experience.

The market is highly competitive, thus in order to get a competitive edge the companies provide a wide range of products, including display units, communication units, navigation units, head-up displays, and many more. To expand the company's presence in the market worldwide, strategic initiatives like mergers, acquisitions, alliances, and product launches are adopted.

• In October 2022, DENSO CORPORATION (DENSO) and NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT group, announced its collaboration to develop the Security Operation Center for Vehicles (VSOC1) to counter the threat of increasingly sophisticated cyber-attacks against vehicles.
• In January 2021, Continental, HERE, and Leia Inc. announced a partnership to integrate three-dimensional navigation into vehicle cockpit display solutions. Through this, the businesses are partnering to provide a crucial element for a seamless, safe, and in-vehicle user experience.

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3. Governmental Initiatives to Encourage the Expansion of the Global Automotive Infotainment Systems Market

• In August 2022, the Government of India implemented the Automotive Mission Plan 2026, scrappage policy, and production-linked incentive scheme in the Indian market which is aiming to position India as a global leader in the two-wheeler and four-wheeler markets by the end of 2022.
• The Government of China in December 2021, released the five-year smart manufacturing development plan that will witness China upgrading manufacturing processes and machinery as well as producing autonomous equipment.

For more information on the research report, refer to the below link:-

Global Automotive Infotainment Systems Industry

Leading Players in Vegan Cosmetics Market | Vegan Skin Care Cosmetics Market – Ken Research

 Vegan cosmetics are those that are free of animal-derived ingredients such as honey, beeswax, lanolin, collagen, and others. They are primarily composed of botanical ingredients such as plant extracts and oils derived from flowers, herbs, nuts, seeds, and leaves, among others. The majority of such ingredients have healing and rejuvenating properties that help with everything from hyperpigmentation and acne to ageing concerns.

 “Ken Research shares 3 key insights on this high opportunity market from its latest research study”

1.   Vegan Cosmetics Market Continues to Grow Owing to The Increasing Adoption of Veganism.

 

The Global Vegan Cosmetics Market is expected to witness stable growth during the forecast period, owing to the rise of vegan culture, and the rising government implementation of prohibiting animal testing for cosmetics across countries. The global vegan cosmetics market was valued at ~US$ 10 billion in 2017, it is estimated to be ~US$ 13 billion in 2022 and is expected to reach a market size of ~US$ 20 billion by 2028 growing with a CAGR of ~6%.

Europe is the dominating region in the Global Vegan Cosmetics Market due to the presence of the world’s prominent players for cruelty-free cosmetics in Europe, notably in Italy, France, the UK, Germany, and Spain. Furthermore, the European government’s move to prohibit animal testing for cosmetics is also helping the growing vegan cosmetics market.

2.   The Growing Popularity of Plant-Based Products, combined with the Emerging Veganism Trend across Countries is driving the Market Growth of Vegan Cosmetics.

The number of individuals nowadays becoming more aware of the ethical and environmental impact of animal-derived products, leading to an increase in the number of individuals reducing their use of such products. Furthermore, rising incidences of animal cruelty during testing, combined with the adverse environmental effects, are influencing the government to prohibit animal testing for cosmetics and manufacturers to start producing vegan products, resulting in increased adoption of vegan cosmetics. During the COVID-19 pandemic, there was a significant increase in demand for skin care products as people became more aware of the importance of self-care, particularly among those who were infected with the virus, creating a market for plant-based beauty and skincare products. In addition, rising consumer awareness regarding the benefits associated with vegan cosmetics is persuading manufacturers to develop innovative plant-based skincare products using safe and organic ingredients.

3.   Increasing Dissemination of Counterfeit Cosmetic Products across Countries May Impede the Market Growth of Vegan Cosmetics.

Fake cosmetics products are on the rise, particularly since the COVID-19 pandemic, as counterfeiters target less savvy and older shoppers who seem to be new to e-commerce. For instance, according to Daniel Shapiro, vice president of Red Points, a software company based in Spain, reports a 56% increase in counterfeit products sold online across its 700 brand clients in the first six months of 2020. In addition, counterfeit sales increased by 37% among its beauty clients, including skincare device company Foreo and haircare brand Tyme, over the same time period.

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Counterfeiting presently heavily relies on the digital domain to source components and distribute products to customers through online platforms, social media, and instant messaging services. According to European Union Intellectual Property Office (EUIPO), a European government agency, the distribution of counterfeit goods has thrived during the COVID-19 pandemic.

The pandemic has created new opportunities for counterfeit and pirated product trade, and criminals have adapted their business models to meet the increased global demand. According to the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization with 38 member countries, and European Union Intellectual Property Office (EUIPO), counterfeit and pirated goods imports totaled US$ 133 billion (EUR 119 billion) in 2019, accounting for 5.8% of all goods entering the EU.

For more information on the research report, refer to the below link:

Leading Players in Vegan Cosmetics Market | Global Vegan Makeup Brands Market

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3 Key Insights on Nearly $7 Bn Opportunity in the Global Agricultural Pumps Market

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3 Key Insights on the US$ 70 Bn Opportunity in Global Digital Twin Market: Ken Research

 Driven by the Increasing Usage of Digital Twins in the Manufacturing Sectors, The Global Digital Twin Market is forecasted to Cross US$ 40 Bn By 2028 says Ken Research Study.

A digital twin is a digital representation of a real-world entity or system. The implementation of the digital twin is an encapsulated software object or model that reflects a unique physical object, process, organization, person, or other abstraction. Data from multiple digital twins can be used for composite views across different real-world entities, such as power plants or cities and their associated processes. For instance, wind turbines are equipped with various sensors related to important functional areas. These sensors generate data on various aspects of physical object performance, such as energy output, temperature, and weather conditions.

 “Ken Research shares 3 key insights on this high-opportunity market from its latest research study”

1. Increasing Focus on Cutting-edge Real-Time Data Analytics Provides an Opportunity for the Market Growth

According to Ken Research Analysis, the Global Digital Twin Market was valued at ~US$ 2 billion in 2017. It is estimated to be ~US$ 8 billion in 2022 and is forecasted to reach a market size of ~US$ 40 billion by 2028, growing at a CAGR of ~30% from 2022 to 2028.

The digital twin technology can represent a complete manufacturing plant, an assembly line, a specific component, or a group of employees. There are many ways to generate solutions using digital twin technology, depending on the sources and different data. The foundation of a complete digital twin technology is data analytics that provides the ability to model and monitor real-world objects. Digital twin capabilities reflect real-time data analysis to improve the capabilities of a company or organization's digital twin technology. Established digital twins and analytics enable more accurate diagnostics, optimal and predictive operations.

In 2022, the European Commission announced its ambition to work with the European Space Agency and other organizations to create a digital twin of the earth called Destination Earth. The primary goal of this project is to develop digital twins focused on floods, heatwaves, and droughts, in addition to natural disasters, by the end of 2024.

After realizing the advantages of data analytics & AI, governments and organizations have started understanding the potential importance of digital twins.

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2. Increasing Usage of Digital Twins in Manufacturing Sectors to Cut Costs and Enhance Supply Chain Efficiency is Fuelling the Market Worldwide

Unplanned downtime and wasted production are issues that greatly affect manufacturers. Manufacturers are looking for systems that can predict potential errors and malfunctions so that losses can be effectively prevented. The advantage of using a digital twin is the reduction of additional costs and time associated with manufacturing. Digital twins help engineers improve product performance by analyzing and modifying the physical design of prototypes that change at each stage of the design process. Engineers can use the digital twin to simulate a digital prototype designed and modify the prototype's design with little effort and cost.

Operational digital twins blend and correlate real-time streaming IoT data with other inputs. Machine learning, AI, and advanced modeling techniques are then applied to create a dynamic virtual representation of the entire facility. Machine learning technology is the foundation on which digital twins work.

The manufacturing sector is slowly taking its steps toward using digital twin technology, but the 2D designing process is still predominantly used in the construction sector. As a result of digital twin technology, off-site building and construction professionals now have clear on-site visualization of a specific project.

The graph below represents the top areas for Machine Learning Technology adoption:

3. High Costs Associated with the Implementation of Digital Twin Technology is the Major Challenge Faced by the Market

Digital twins & its related technologies such as manufacturing operations management (MOM), product lifecycle management (PLM), manufacturing process management (MPM), computer-aided design (CAD), model-based system engineering (MBSE), enterprise resource planning (ERP), and augmented reality (AR)/virtual reality (VR)/extended reality requires very high capital for Implementation. The cost of production and implementation of a digital twin technology rises considerably and becomes more expensive if the organization or the firm lacks the necessary support infrastructure and technological foundation. Therefore, the high cost of implementation is a barrier for organizations in implementing digital twin technology.

The table below represents the cost models for implementing digital twin technology in various different types of infrastructures:

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Key Topics Covered in the Report

• Snapshot of Global Digital Twin Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Digital Twin Market
• Historic Growth of Overall Global Digital Twin Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Digital Twin Industry
• Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global Digital Twin Market
• Future Market Forecast and Growth Rates of the Total Global Digital Twin Market and Segments
• Analysis of Global Digital Twin Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

• Accenture
• Autodesk Inc.
• General Electric
• IBM Corporation
• Microsoft
• Bentley Systems, Incorporated
• Robert Bosch GmbH
• SAP SE
• Schneider Electric
• Siemens

Notable Emerging Companies Mentioned in the Report

• Digital Construction Works
• Allvision IO
• DigitalTwin Technology GmbH
• MEIK LABS SpA
• MetaTwin GmbH

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Digital Twin Solution Developers
• Digital Twin Solution Suppliers
• Digital Twin Solution Implementors
• Product Twin Developers
• Process Twin Developers
• System Twin Developers
• Digital Twin Distributors
• Emerging and Startups in Digital Twin Industry
• Simulation Solutions Companies
• Different Types of Digital Twin Manufacturing Hubs
• Government Departments of Electronics
• Government Ministries and Departments of Information Technology
• Financial Institutions focused on Information Technology Industry
• PE and VC Firms focused on Information Technology Industry
• Potential Entrants into Information Technology Industry
• Potential Entrants into Simulation Solutions

Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Digital Twin Market: Ken Research

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3 Key Insights on Competitive Landscape in Global Epoxy Resin Market: Ken Research

 Few Diverse Global Players Dominate the Market despite Presence of about ~300 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Epoxy Resin Market by Ken Research

Epoxy resin refers to a class of reactive prepolymers and polymers containing epoxy groups. These resins react with themselves or with many co-reactants such as amines, phenols, and thiols in the presence of catalysts. Epoxy resin is a type of resin with robust mechanical properties, excellent chemical resistance, and high adhesive strength, making it very useful in a variety of applications. It is used extensively for the manufacture of aircraft parts due to its superiority in providing thermal and chemical resistance as compared to other types of resins. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Country-Niche Players constitute 60% of the Total Number of Companies in the Epoxy Resin Market.

A comprehensive competitive analysis conducted during the Research Study found that the Global Epoxy Resin Market is highly competitive with ~300 players which include globally diversified players, regional players as well as a large number of country-niche players. The Country-Niche players comprise about 60% in terms of the number of companies followed by regional players with 25% of the total competitors. Most of the country-niche players are having few resin products for several end-use industries such as paint & cosmetics, building & construction, automotive, and others.

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Expansion of Construction and Aviation Industries and increasing manufacture of lightweight and commercial vehicles are expected to be the Primary Drivers of this Market

Detailed comparative analysis of key competitors available within the Research Study shows that major players such as 3M, BASF SE, Huntsman International LLC, Hexion, and The Dow Chemical Company are highly focused on providing a significant number of epoxy resin products that can be used across multiple industries, including building & construction, transportation, aerospace, and more. Furthermore, several companies and organizations are aggressively investing in Research & Development activities and are focusing on acquisitions and mergers with specialized players for the development of advanced resins made out of using different raw materials. Many players are focusing on developing multiple types of epoxy resins in the chemicals industry that help in the manufacturing of new products in the market.

• In November 2021, 3M launched Scotchbond Universal Plus Adhesive and 3M Relyx Universal Resin Cement. Both the products can be used together and allow the optimization of direct and indirect restorations.
• In September 2021, BASF SE introduced an additive solution, IrgaCycle for the mechanical recycling of plastics. The product improved the properties of mechanically recycled plastics for different target industries
• In February 2022, BASF SE announced the expansion of its offerings of polyamides and polyphthalamides in Europe.
• In September 2022, BASF SE announced a partnership with RiKarbon on emollients derived from bio-waste.

The pandemic of COVID-19 had negatively impacted the global epoxy resin market.

The market was negatively impacted by the COVID-19 pandemic in 2020, owing to the strict regulations in several countries. This affected various industries including paints and coatings, adhesives and sealants, electrical and electronics, and others. The global pandemic caused a ban on imports-exports that disrupted the supply chain, work stoppages, and labor shortages, thereby hampering the market.

The demand for epoxy resin decreased in the aerospace, transportation, and marine industries, as all the industries were shut and due to this, demand for resin had been impacted negatively. However, the situation is likely to improve in the year 2022, due to the burgeoning growth of the construction and other related industries.

Increased Strategical Investments in the Chemicals Industry, as well as New Stringent Strategies to Promote Epoxy Resin Products Led to Major Industry-Wide Developments, Acquisitions, and Deal-Wins.

In the construction industry, there have been many initiatives taken by the Government that impacted the growth of the epoxy resin market. For instance,

• In February 2022, the U.S. Congress approved the Infrastructure Investment of US$ 1,200 Bn, including US$550 billion for transportation, US$110 billion for roads, and US$40 billion for repair and replacement of bridges.

• In December 2021, Huntsman Corporation acquired Gabriel Performance Products, a North American specialty chemical manufacturer. The acquired company is a manufacturer of specialty additives and epoxy curing agents for coatings, adhesives, sealants, and composite end-markets.

• In December 2020, Kukdo Chemicals opened its epoxy manufacturing plant in India. The plant has a production capacity of 40,000 tons per annum. The company offers epoxy solutions to customers and it’s the second overseas unit set up in India after China in the Asia Pacific region.

In July 2020, Engineered Polymer Solutions (EPS) introduced its new EPS 2400 series in North America. It includes six waterborne acrylic resins that can provide high-performance solutions to wood coating formulators. These can also be used for flooring, furniture, and cabinetry.

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Key Topics Covered in the Report

• Snapshot of Global Epoxy Resin Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Epoxy Resin Market
• Historic Growth of Overall Global Epoxy Resin Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Epoxy Resin Industry
• Overview, Product Offerings, and Strength & Weakness of Key Competitors
• Covid-19 Impact on the Overall Global Epoxy Resin Market
• Future Market Forecast and Growth Rates of the Total Global Epoxy Resin Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Global Epoxy Resin Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Major Companies Mentioned in the Report

• 3M
• BASF SE
• Huntsman International LLC
• Hexion
• The Dow Chemical Company
• Kukdo Chemical Co., Ltd
• Solvay
• Olin Corporation
• China Petrochemical Corporation
• Aditya Birla Management Corporation Pvt. Ltd.
• Kolon Industries, Inc

Notable Emerging Companies Mentioned in the Report

• Jubail Chemical Industries LLC
• Macro Polymers
• NAMA Chemicals
• Techstorm
• Spolchemie
• Jiangsu Sanmu Group Co., Ltd.
• DIC Corporation
• Atul Ltd
• NAGASE & Co., Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Epoxy Resin Manufacturers
• DGBEA Raw Materials Suppliers
• DGBEF Raw Materials Suppliers
• Novolac Raw Materials Suppliers
• Aliphatic Raw Materials Suppliers
• Glycidylamine Raw Materials Suppliers
• Solvent Cut Epoxy Technology Manufacturers
• Liquid Epoxy Technology Manufacturers
• Waterborne Epoxy Technology Manufacturers
• Epoxy Resin Distributors
• Emerging and Startup Epoxy Resin Companies in the Market
• Government Departments of Polymers and Other Chemicals
• Ministries and Departments of Paint & Coating
• Ministries and Departments of Construction Materials
• Importers and Distributors of Epoxy Resin
• Chemicals Testing and Regulatory Authorities
• Chemicals Research Institutes

Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022-2028F

For More Information on the Research Report, refer to below links: –

Global Epoxy Resin Market: Ken Research

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Overview of South Africa Hyperscale Data Center Industry: Ken Research

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The Hyperscale Data Center market in South Africa expanded at a CAGR of XX.X% in between 2017 and 2022 on the basis of revenue generated.

The evolution of hyperscale data centers is being driven by the development of sophisticated services and greater compute/storage demand, requiring data centers to find a way to put more computing capacity into smaller spaces.

South Africa Hyperscale Data Center Market is estimated to grow at a positive CAGR of XX.X% in between 2022 and 2027E.

The data center market in South Africa is emerging with key projects coming to fruition and hyperscale investments increasing.

As the demand for cloud computing solutions increases, so does the need for the supporting large scale data center infrastructure.

The number of people connecting to the internet is continuing to drive demand for data-center-based compute and connectivity.

• Some upcoming trends in the Hyperscale data center market are

• Adoption of Public Cloud Services

• Industries opting for hybrid cloud architecture

• Accessing cloud on-ramps to avoid public internet connectivity issues

• Colocation Facilities from multi-tenant data centers

• Hyperscale Data Center facilities are emerging

Internet Penetration in South Africa

As of 2022, the share of the total population of South Africa using the internet was nearly XX%. This share is estimated to grow up to XX% by 2027. This would be an increase of XX% compared to 2018 when the share of the population accessing the internet in the country was XX%.

There were XX.X million internet users in South Africa in January 2022. South Africa’s internet penetration rate stood at XX.X% of the total population at the start of 2022. Internet users in South Africa increased by XXX thousand between 2021 and 2022.

Internet traffic growth in South Africa has grown by a CAGR of XX% in from 2016 to 2021, with 31 Petabytes of internet traffic per day in 2021. Most data centers in the region are working to drive down energy consumption to advance sustainability in their centers and decrease costs

Market Size

• Hyperscale data center market in South Africa generated a revenue of USD X million in 2022, expanding at a CAGR of XX.X% in between 2017 and 2022.

• The surging growth is attributed to the increasing usage of digital and online platforms post COVID-19.

• The increasing digital/online usage contributed in the growing demand for data storage capability, server hostage and enhanced IT network of enterprises.

• Social media usage increased from XX% in 2019 to XX% in 2020 due to complete lockdown of the economy which resulted in the increased consumption of online content.

• Coupled with that, increasing internet penetration rate in between 2017 and 2022, resulted in heavy internet traffic, positively impacting the hyperscale data center market. ~XX% of the overall population were active internet users in 2022.

• Businesses accelerating their digital transformation strategies to adapt to the shifting culture of online & digital domination contributed in the enhanced demand for cloud computing solutions post COVID-19.

• Therefore, major hyperscale data center companies invested in expanding their business to cater to the rising demand.

• Teraco, AWS, and Africa Data Centres among others were the major players operating in the ecosystem as of 2022.

Competitive Landscape in Hyperscale Data Center Market in South Africa, 2022

The competitive rivalry is high among the competitors. Apart from the companies building hyperscale data centers, there are various giants who are planning to set up hyperscale data centers in SA.

• Teraco, Africa Data Centers and Dimension Data dominated the Hyperscale Data Center Market in South Africa, cumulatively contributing to the majority share of XX% on the basis of revenue generated in 2022.

• Increasing cloud workloads have influenced companies like Amazon Web Services, Google, Microsoft, Facebook, and Apple to invest huge sums in a single campus to bring out the utmost efficiency

Future Outlook of Industry

The Hyper scale data centre market in South Africa is estimated to generate a revenue of USD XXX million in 2027, expanding at a CAGR of XX.X% in between 2022 and 2027E.

One of the major determinants for the surging growth in coming years is attributed to the favourable government rules & regulations such as Draft National Data & Cloud Policy formulated to support domestic and foreign investments in data and cloud infrastructure. Coupled with that, the National Broadband Policy launched by the government, aiming to improve broadband connectivity among users, schools and public organizations by 2030 will serve as a major demand driver for the growth of HSDC market in South Africa. Increased awareness on environmental impacts and government’s aim to limit carbon footprints by 2030 will result in businesses adapting to a strategy to utilize least amount of energy.

There has also been a drive to lessen energy consumption will act as a catalyst for the increased demand of energy efficient hyperscale data centers in coming years.

Educational institutions leveraging on technologies such as e-learning and digital collaboration coupled with corporate organizations shifting to a hybrid working environment will further contribute in boosting the demand for large scale hyperscale data center in South Africa.

Key Segments Covered

South Africa Hyperscale Data Center Market:

• By Data Center Size (by Revenue), 2022 & 2027:

• Large Sized

• Small & Medium Sized

• By Industry Users (by Revenue), 2022 & 2027:

• IT

• Telecom

• Government

• Others

• By Solutions Provided (by Revenue), 2022 & 2027:

• Network

• Storage

• Servers

• Others

• By End Users (by Revenue), 2022 & 2027:

• Cloud Providers

• Enterprises

• Others

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Time Period Captured in the Report:

• Historical Period: 2017-2022

• Base Year: 2022

• Forecast Period: 2022– 2027F

Companies Covered:

• Teraco

• Africa Data Centers

• Dimension Data

• Vantage Data Centers

• Amazon Web Services

Key Topics Covered in the Report:

• South Africa Hyperscale Data Centers Overview

• Internet Penetration in South Africa

• Cross Comparison of Data Center Market in South Africa with Other Countries

• Ecosystem of Hyperscale Data Center Industry in South Africa

• Business Cycle of Hyperscale Data Center Market in South Africa

• Construction of Hyperscale Data Centre

• Features of Hyperscale Data Center Facilities

• Data Center Trends Driving Digital Transformation

• Market Segmentation of Hyperscale Data Center Industry in South Africa

• Porter Five Forces Analysis: South Africa Hyperscale Data Center Market

• Growth Drivers of South Africa Hyperscale Data Center Market

• Mergers, Acquisitions and Key Investments in South Africa Hyperscale Data Center Market

• Issues and Challenges in South Africa Hyperscale Data Center Market

• Demand Analysis

• Competitive Landscape

• Future Market Size of Hyperscale Data Center Industry in South Africa

• Future Market Segmentation by Companies of Data Centers

• Future Market Segmentation by Data Center Size

• Future Market Segmentation by Industry Users

• Future Market Segmentation by Solutions Provided

• Future Market Segmentation by End Users

• Analyst Recommendations

For more information on the research report, refer to below link:

South Africa Hyperscale Data Center Market Outlook to 2027 – Driven by the Growing Adoption of Remote Work and Surging Demand of Cloud Computing Solutions: Ken Research

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KSA Data Center And Cloud Services Market Outlook To 2026F – Driven By Rising Investments In Data Centers From Private Sector And Government Support Towards Technology And Cloud First Policy

Global Modular Data Centers Market 2020 By Company, Regions, Type and Application, Forecast To 2025

Global Modular Data Centers Market 2018 By Manufacturers, Countries, Type and Application, Forecast To 2023

3 Key Insights on the US$ 35 Billion Opportunity in the Global Carbon Fiber Composites Market: Ken Research

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Driven by the growing usage of carbon fiber material in automotive, wind power, aerospace, sports goods, and other industries. The Global Carbon Fiber Composites Market is forecasted at approximately US$ 35 Bn by 2028 says Ken Research Study

Carbon Fiber is a long, thin strand of material, formed mostly of carbon items. The carbon items are combined in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. Carbon fiber is a polymer and is sometimes called graphite fiber. Carbon fiber is stronger and lighter than steel, which makes it ideal for manufacturing materials for multiple parts such as sports goods, automobile parts, airplane body structures, and others.

“Ken Research shares 3 key insights on this high-opportunity market from its latest research study.”

1. Increasing Demand for Carbon Fiber in Aerospace Industry, is a Driving Factor for This Market.

According to Ken Research Analysis, the Global Carbon Fiber Composites Market was valued at US$ 12 billion in 2017, it is estimated to be ~US$ 20 billion in 2022 and is forecasted to reach a market size of ~US$ 35 billion opportunities by 2028.

As per International Air Transportation Association (IATA), a trade association for the world’s airlines, mentioned in the fact sheet for June 2022, cargo aerospace revenue is US$ 100.08 billion and is estimated to grow by US$ 191 billion from 2019 to 2022.

Furthermore, In July 2022, Hexcel announced it has signed a long-term agreement with Dassault to supply carbon fiber prepreg for the falcon 10X program.

Carbon fiber is mostly used everywhere in aircraft. For instance, the Boeing 787 Dreamliner passenger plane is composed of 50% composite material by weight, with the major portion of composite material being carbon fiber. The growing aerospace industry is likely to boost the Carbon Fiber Composite Market.

2. Surging Wind Energy Sector, is Likely to Fuel the Carbon Fiber Composites Market Growth.

According to the BP Statistical Review of World Energy 2022, a total of 824.9 of wind turbine capacity in gigawatts (GW) was installed worldwide. China held the majority of the market share 39.9%, and the USA covered the 2nd position with 16.1% of total wind turbines installed worldwide.

Furthermore, the carbon fiber material is used in the manufacturing of turbine blades, which results in higher efficiency, is lightweight, stiffer, and also provides a lower Levelized cost of energy. Furthermore, increasing government initiatives toward clean energy to reduce carbon emissions and other environmental issues. All these factors combine, will lead to the advancement of the wind energy sector, which is likely to impact positively in the carbon fiber composite market.

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3.   High Prices of Carbon Fiber as Compared to Other Materials, are Likely to Hamper this Market.

Composites are used in numerous industries including aerospace, automotive, wind energy, industrial, marine, oil, and gas. Carbon fiber composites are highly used in high-performance automobiles, jet fighters, spacecraft, racing cars, and others. Cost of the carbon fiber composites is the major factor restraining the wide spread of material used in industry. Substitute composites of carbon fibers such as glass fiber, aluminum, copper, basalt fiber, and natural fiber, pose a serious threat to the growth of the carbon fiber composite market because of having similar end-use applications and being cost-effective.

For more information on the research report, refer to the below link:-

Global Carbon Fiber Composites Market

3 Key Insights on ~US$ 25 Bn Opportunity in the Global Automotive Infotainment Systems Market: Ken Research

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The Demand for Cutting-Edge Safety Features, Self-Driving Cars, Digital Cockpits for Driver Assistance, And Entertainment Applications Is Driving the Expansion of The Global Automotive Infotainment Systems Market, which is forecasted to Cross ~US$ 25 Bn by 2028 says Ken Research Study.

A vehicle's interior electronics system is known as automotive infotainment. It offers the driver and passenger entertainment and information. Automotive infotainment system combines audio/video (A/V) interfaces, touchscreens, keypads, and other components to provide navigational services, hands-free phone connections, vehicle voice control, parking assistance, climate management, two-way communication tools, internet access, and other security services. Such elements aid in boosting a vehicle's operating effectiveness and enhancing driver comfort and safety.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. A Few Key Trends That Are Propelling the Market Growth For Automotive Infotainment Systems Include The Advancement Of Technology That Combines Information And Entertainment.

Automobile manufacturers are fascinated by the creation of automotive infotainment systems as a system that combines information and enjoyment. In developing countries like India, Brazil, and Argentina rise in consumer disposable income and simple financing choices have made it possible for people to purchase a car, which has increased demand for technologically advanced vehicles with practical and smart infotainment systems.

According to Ken Research estimates, the Global Automotive Infotainment Systems Market – valued at around ~US$ 10 billion in 2017 and estimated to reach nearly ~US$ 15 billion in 2022 – is further expected to grow to around ~US$ 25 billion opportunity by 2028.

2. A High-End Vehicle With A Touch Screen And Cutting-Edge Automotive Infotainment System Is Expected To Boost Market Growth.

 Manufacturers of cutting-edge infotainment systems offer features such as pre-trip planning, parking recommendations, predictive navigation, cloud-enabled synchronization, and others. Using Bluetooth or a Wi-Fi hotspot connection, smartphones can be connected to the in-car entertainment system to access the device's functions. Customers may manage incoming, outgoing, and conference calls through the infotainment system owing to such capabilities. The demand for purchasing a high-end vehicle with a touch screen and cutting-edge automotive infotainment system is rapidly increasing. Such factors are anticipated to boost the demand for automobile infotainment systems worldwide.

The below graph depicts the increased autonomy level in Western Europe forecasted till 2025.

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3. Touchscreen Infotainment Can Distract Drivers And Raise Accident Risks And The High Price Of The HD High-Resolution Touchscreen Display Restricts Market Growth.

Interactive information and entertainment systems for entertainment and navigation are now standard in vehicles. The touchscreen infotainment, on the other hand, causes distractions while driving and raises the chance of an accident. To change the music, change the channel, set up the next navigation, or turn on/off the radio, the system frequently requires the driver to look off the road and at the screen. These elements are impeding market expansion during the anticipated term. Additionally, the high price of the HD high-resolution touchscreen display is anticipated to restrain the market's expansion throughout the projection period.

For instance, the average cost of a car navigation system from Pioneer Corporation, Mitsubishi Electric Corporation, and HARMAN International, t is about US$600, US$300, and US$300, respectively.

For more information on the research report, refer to the below link:-

Global Automotive Infotainment Systems Market

Major Companies in Prosthetics and Orthotics Market | Prosthetics and Orthotics Market – Ken Research

 Driven by the advancement in technology in prosthetics and orthotics along with the rising incidence of road accidents, sports injuries, and the increasing number of diabetes-related amputations, the Global Prosthetics and Orthotics Market is Forecasted to reach nearly US$ 9 Bn by 2028 says Ken Research Study.

Prosthetics is the branch of surgery that deals with the fitting of prosthetic devices, especially artificial limbs in individuals who have lost their limbs. Orthotics is a medical field that deals with the design, manufacture, and fabrication of artificial devices like braces, splints, and others to support damaged or weak joints, bones, muscles, and others.

Ken Research shares 3 key insights on this dynamic market from its latest research study.

1. Rising Advancement in Technology to Design Personalized Prosthetics and Orthotics Encourage Market Growth

The increase in disabilities globally along with the advancement in technology for the development of prosthetics and orthotics devices is likely to augment the growth of the market. The large-scale investments made toward the development of effective and versatile artificial limbs are anticipated to aid in the growth of the Global Prosthetics and Orthotics Market. However, the high cost of artificial limbs and the low-income status of a large population may hinder the growth of the market.

According to Ken Research estimates, the Global Prosthetics and Orthotics Market – valued at around US$ 6 Bn in 2017 and estimated to reach nearly US$ 7 Bn by 2022 – is expected to grow to around US$ 9 Bn opportunity by 2028.

2. Rising Incidence of Sports Injuries is Driving the Market Growth

The rising incidence of sports injuries globally along with the curiosity about sports among people has increased the risk of wounds and fractures that may lead to serious injuries or disabilities, which is expected to boost the demand for prosthetics and orthotics. According to the National Safety Council people playing basketball suffered most sports injuries. An alarming rise in the frequency of sports injuries is likely to poise the growth of the market globally.

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The below graph depicts the frequency of a number of sports injuries in 2020 within American population.

3. High Operation Cost of Prosthetic Devices Is the Most Significant Barrier to the Growth of the Market.

The high cost of devices of prosthetics and orthotics devices along with a large population with low-income status, especially in developing countries, may hamper the growth of the market. A large number of the population in developing countries comes from a middle-class or lower-class family which makes it difficult to afford such high-priced artificial limbs, which may restrict the growth of the market.

The below graph depicts the high operating cost of Myo Prosthesis in US$.

For more information on the research report, refer to the below link:

Prosthetics and Orthotics Manufacturing Companies

Read Also –

3 Key Insights on Competitive Landscape in the Global Prosthetics and Orthotics Market

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