Tuesday, June 30, 2020

Increase in Demand from Construction and Automotive Sector to Drive Metal Products Global Market over the Forecast Period: Ken Research

Metal products includes organisation engaged in manufacturing of screw, nut, bolt, spring, wire, boiler, tank, shipping, architectural, structural metallic, cutlery, hand device manufacturing. This also includes the enterprise engaged in forging, stamping, coating, and engraving, warmth treating and allied activities. Many of the metallic and mineral manufacturing products are used in robotics and automation activities that are used for enhancing performance and productivity of the plant. Sensors are being used in diverse machines for getting right entry statistics leading to enhancing of efficiencies and decrease in capacity breakdowns. Many steel and mineral manufacturing corporations are now equipped with use of robotics and automation techniques leading to enhancement of plant performance and productivity. Sensors are being used in numerous machines to get admission to invaluable statistics for improving efficiencies and reduce capability breakdowns. The well supported enhancements in offices, industrial buildings, and other production segments have supported the demand for modern, green and streamlined procedures to achieve products. The industry is predicted to witness the improvement of revolutionary technology as major corporations found it attractive to use and conduct R&D & collaboration activities which is supplementing the industry growth.

According to study, “Metal Products Global Market Report 2019” Some of the key players operating in the global metal products market are Gibraltar Industries, Mueller Industries, The Timken Company, Jiangsu Guotaiex International and Toyo Seikan.

The increase in demand from numerous end-use sectors, such as aviation, healthcare, electrical & electronics, energy & power, infrastructure, private care, and others majorly drives the global metal & metal manufactured products market. Furthermore, upward push in demand for metals & steel manufactured merchandise inside the automotive industry and on-going technological improvements are some other factors that enhance the market expansion. However, fluctuation in uncooked material charges and presence of substitutes are expected to restrain the marketplace increase. Moreover, growth in market for metals in emerging economies coupled with large-scale use of recycled metal & associated merchandise are projected to offer incredible opportunities for the marketplace. Rapid infrastructure growth to help a burgeoning population alongside a significant rise in residential production projects have backed in large parts for the consumption. The consumers are more and more opting for the lightweight, sustainable but also low-cost constructing materials includes the prompting producers offering new merchandise for the domestic & export markets

Based on type market is segmented into forging & Stamping, Cutlery & Hand tool Manufacturing; Architectural And Structural metals manufacturing, boiler, tank, shipping container manufacturing; hardware manufacturing, spring wire product manufacturing, machine shops, turned product, and screw, nut, and bolt manufacturing; coating, engraving, heat treating, and allied activities, metal valve manufacturing, and other fabricated metal product manufacturing.

Based on the end use market is segmented into construction manufacturing and others segments that include iron & steel forging, nonferrous forging, custom roll forming; powder other metal coating, engraving and allied services to manufacturers. The Asia pacific region held a prominent share of the global in the market owing to extensive research and development activities in japan, china, South Korea, and India. The construction and automotive are key focus segments for the metal fabrication market in the Asia Pacific region, owing to strong presence of construction and automotive companies in China and India.

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Philippines Logistics Market Outlook to 2024: Ken Research

The report titled Philippines Logistics Market Outlook to 2024 – By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages) provides a comprehensive analysis on the status of the logistics sector in the Philippines. The report covers various aspects including the current logistics scenario in the Philippines, its components viz, freight transportation, warehousing, CEP, VAS, and cold chain industries, the issues and challenges, major growth drivers, investment in infrastructure, tech disruptions and innovations, and competitive benchmarking. The report concludes with market projections for the future of the industry including forecasted industry size by revenue.
Philippines Logistics Market Overview and Size
Philippines Logistics Market has witnessed an average CAGR during 2014-19 due to favorable laws from CTAP, continued investment in building bridges, road congestion in metropolitan cities, and development of ports both by the government and with Public-Private Partnerships. The influx of foreign players in the market in recent years, increasing consolidation, and investing in innovative technologies has stimulated growth in the market.
Philippines Logistics Market Segmentation
Freight Transportation
Philippines’ freight forwarding market forms the largest part of the logistics sector. The sector is dominated by sea freight both in terms of revenue & Volume as it is an import-dependent country dependent on countries such as China, the United States, Japan, and Taiwan. It is followed by Road which only is only responsible for domestic transportation within the country due to its Archipelago location and is suffering from various challenges such as bad infrastructure and congestion on road.
Warehousing
Philippines’ warehousing market has shown steady growth over the last few years with many real estate developers entering in logistics market through Mergers & Acquisitions. The developers to earn an adequate IRR is moving out of metro manila due to less growth in warehousing rent in comparison to Land prices. Industrial Warehouses form the largest share of the warehousing space in the country, with Grade A warehouse becoming the new benchmark for quality. The warehouses are mostly filled with Food & Beverage giving the highest amount of revenue.
Cold Chain
The cold chain market in the Philippines has shown a very big hike in 2019 primarily due to the investments in the pallet positions by almost every company in the Philippines. Cold storage contributes to the larger share of revenues with more captive warehouses in the country. Also, the cold stores are dominated by freezer/ chiller convertible pallets in comparison to ambient ones. Major end-users of cold chain services in the country include frozen foods, meat, and seafood industries. The majority of the cold storages are found in NCR Manila.
Competitive Landscape of Major Players Operating in the Philippines Logistics Market
The transportation and warehousing markets in the Philippines are extremely fragmented in nature. Companies are focusing on investing in warehousing and cold chain services. The trucking and warehousing market is dominated by local domestic players who have a large number of fleets and warehousing space providing competitive prices. The cold chain players are not charging a premium for the addition in technological facilities to have sustained clients.  Online demanding warehousing platforms such as Stowga are disrupting the space. The major players in the Philippines logistics market include Royal cargo, 2GO Logistics, Fast cargo logistics, LF Logistics, Chelsea logistics, Jentec Cold storages, Glacier Megafridge, PRC Food Logistics, and many more.
Philippines Logistics Market Future Outlook & Projections
The logistics market in the Philippines will be impacted by COVID in the country and is expected to revive back in 2021 with a faster growth rate. The logistic space will experience an increase in government projects for road infrastructure, increasing industrial output, and booming of e-commerce. New real estate players are expected to move in logistics space with new mergers and acquisitions between the players. The growing demand for perishable products such as meat and seafood industries & agricultural output will increase the number of cold chain facilities in the Philippines. The companies will shift focus from price wars to a better quality of services with technical innovations disrupting the competition space.
Key Segments Covered: -
Freight Forwarding Market
By Mode of Transportation
Road Freight (Fleets, Volume, FTK, Price/ton/km and Revenue)
Sea Freight (Fleets, Volume, Average Distance, Price/ton/km and Revenue)
Air Freight (Volume, Average Distance, Price/ton/km and Revenue)
By Road transportation
Less than Truckload (Revenue and Volume)
Full truckload (Revenue and Volume)
Warehousing Market
By Business Model (Revenue, Price/sqm, warehousing space, Occupancy rate)
Industrial/Retail
CFS/ICD
Cold Storage
Agriculture
By Industrial warehouses (Revenues)
Grade A
Grade B
Grade C and others
By End Users (Revenues)
Food & Beverages
Textiles and Footwear
Chemicals
Pharmaceuticals and Medical consumables
Electronics
Others include agricultural products, frozen meat and more
Cold Chain Market
By Service
Cold Transportation (Revenues)
Cold Storage (Revenues, Number of Cold storages, Number of pallets, Price/ pallet/day, Occupancy rate)
By Mode of cold transportation
Road (Revenue, reefer trucks)
Air (Revenue)
Sea (Revenue)
Revenue by Temperature Range (Revenue, Price/pallet/day)
Freezers
Chillers
Ambient
By Regions (Number of Cold storages)
Ilocos
Cagayan Valley
Central Luzon
Calabarzon and Mimaropa
Bicol
Western Visayas
Central Visayas
Eastern Visayas
Zamboanga
Northern Mindanao
Davao
Soccsksargen
Caraga
NCR
By type of ownership (Number of cold stores)
Captive
Non-captive
Companies Covered
Royal Cargo
W Express (DHL)
2GO logistics
Yusen logistics
AAI logistics
FSTA Trucking
Inland Logistics
Chelsea logistics
RLH Trucking
Cartrex trucking
2SL Services
Airspeed
Orient Freight International
Ernest corporation
Cadano Cargo
Pambato
Truckmoto
Mercury Freight
All Transport Network
Legalas International
Mendonza
Agility
ISA Trucking
Asia world
Fast cargo logistics
Panalpina DSV
Rhenus logistics
Nippon Express
Kerry freight
Kintetsu
MMG Freight
Antrak logistics
PRC Food Logistics
Pacific Road link logistics
EVFTC transport
Igloo supply chain
Dinotrans Transport
Refrigerated Truck Door To Door Delivery
Jentec Cold Storage
Glacier Megafridge
Mets Logistics
ORCA Cold Chain Solutions
Big Blue Logistics
Royal Cargo
Vifel cold facility
Royale Cold Storage
Key Target Audience
Freight Forwarding Companies
E-Commerce Logistics Companies
3PL Companies
Consultancy Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report: -
Historical Period – 2014-2019
Forecast Period – 2020-2024F
Key Topics Covered in the Report: -
Philippines Logistics and Warehousing Market Introduction
Logistics Infrastructure
Cross Comparison of Logistics Performance in Different Countries (the Philippines, Philippines, Vietnam, Indonesia, and Australia)
Philippines Logistics and Warehousing Market Size
Philippines Logistics and Warehousing Market Segmentation
Philippines Logistics and Warehousing Market Future Outlook
Philippines Logistics and Warehousing Market Future Segmentation
Philippines Freight Transportation Market Size
Philippines Freight Transportation Market Segmentation
Philippines Freight Transportation Market Future Outlook
Philippines Freight Transportation Market Future Segmentation
Philippines Trucking market size
Philippines Trucking Market Segmentation
Philippines Trucking Market Future Outlook
Philippines Trucking Market Future Segmentation
Innovations in Transportation Market
Cost Component Analysis of Transportation
Philippines Warehousing Market Size
Philippines Warehousing Market Segmentation
Philippines Warehousing Market Future Outlook
Philippines Warehousing Market Future Segmentation
Innovations in Warehousing Market
Philippines Cold Chain Market Size
Philippines Cold Chain Market Segmentation
Philippines Cold Chain Market Future Outlook
Philippines Cold Chain Market Future Segmentation
Cost Component Analysis of Ambient warehousing
Innovations in Cold chain Market
Regulatory Environment
Issues and Challenges
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Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Online Market Research Eased the Research Activities Globally: Ken Research


Market research consists of methodically collecting data about people or companies and then analysing for taking a better understanding the results of market research  are majorly concise in a report, are then used for helping businesses owners making more informed decisions for the business and taking view point on strategies, operations, and potential customer base.Understanding industry shifts, converting purchaser wishes and preferences, and legislative trends, are some of the key things that can shape in which an enterprise chooses to consciousness its efforts and resources. In recent years, there has been a significant boom that recorded wide variety of the family of Internet users, making on-line shopping significantly popular. The industry and business groups have now turned out to be more international and virtual, as target audience have expanded beyond geographical location.

As consumers have now increased their participation in online shopping, it has now become much more convenient for conducting and maintains a database of their consumers and analysing purchasing history.  The companies can also effectively utilize their data throughout the course of their online market research.

The advent of the Internet has obtainable the small businesses with ease of using additional resources for conducting best cost market research. The different types of tools are used for conducting the online market research over the general categories of market research, and advice for creating best suited online questionnaires. Moreover, there are several ways that are effective for carrying out online market research activities. One is quantitative research which can be carried out via online questionnaires and web-based experiments. The second is Qualitative research that can be carried out via online in-depth interviews, focus groups and participant’s observation, where-in a researcher acts as a part of community to observe changed behaviours.

There are wide variety of market research tools both offline and online medium that are used over by many large and small businesses and further can be available to all other businesses with the customised requirements. These methods also include people, researchers with the questionnaires managed over a written form or person-to-person, or either by personal or telephone interview, or increasingly online. The questionnaires further may be closed-end or the open-ended. The first type provides users as the choice to a question whereas open-ended surveys ask spontaneous reactions and capture instant responses. The focus groups are a kind of opinion-solicitation but without a questionnaire, in these people interact with products, messages, or images and discuss them.

The online market research tools can be a beneficial tool for the companies which carry outreach activities as per their convenience. The online market research tools can be used with comparatively easy and accurate for both qualitative and quantitative research. Some of the other key benefits include cost advantages, speed advantages, data collection in real-time, advanced analytics, well-organized global and multi-country survey management. Business Research Company helps businesses in thoughtful to their customers with the buying patterns, preferences and pain points that gain deeper significant deeper insights over the contenders, market trends, and demographics. The effective strategies for understanding the demand and supply of the market, such businesses can always stay ahead of the competition.

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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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Ankur Gupta, Head Marketing & Communications
+91-9015378249