Global Phenol Industry Report: Analysis and Forecast 2022-2027

Global Phenol Industry Report: Analysis and Forecast 2022-2027

Phenol Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global phenol market reached a value of about USD 19.44 billion in 2021. The industry is projected to grow at a CAGR of around 4.2 percent in the forecast period of 2022-2027 to reach a value of USD 24.07 billion by 2027. The phenol market has experienced a negative impact on account of the rapid spread of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governments of several countries, which has resulted in a labour shortage, supply chain disruptions, and limited availability of raw materials. Nevertheless, due to the extensive and diverse applications of phenol for industrial purposes, cosmetics, and household products, the raw material has gained momentum again. The key demand indicator is the highest category spender by region— Asia Pacific.

Phenol: Industry Definition and Segmentation

Scope

Phenol or carbolic acid is a fragrant white crystalline solid. It is an organic compound with the molecular formula C6H5OH. Phenol finds extensive and diverse applications, especially through its downstream products. It is obtained through the Cumene process, Dow process, and Raschig–Hooker process, among others. It finds most of its usage in the conversion to precursors for plastics. In the pharmaceutical sector, phenol finds its application as a precursor of drugs like aspirins, and other pharmaceutical drugs. It is also employed as a remedy for pharyngitis. It is majorly used for manufacturing household products like detergents, as an intermediate, and as a derivative in the production of nylon, herbicides, epoxies, and cosmetics.

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The phenol market industry report comprises segments based on:

• End-use products – This segment is divided into Bisphenol A, Phenolic Resins, Caprolactam, Alkyl Phenyls, among others
• Region-wise - Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America

Snapshot of the Report

The major regions in the industry are North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific accounts for the greatest market share of 52.5 percent.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/phenol-industry-report

Category Drivers

Rapid economic development around the world has majorly contributed to construction activities in the residential and commercial domains. Since phenolic resins are used in the production of plywood, laminated beams, and flooring panels, this has increased the market growth. Phenol finds substantial applications as an industrial cleaner for machinery parts and electronic devices; as a starting material for plastics and explosives such as picric acid; as a raw material in the manufacturing of drugs and antioxidants; as a basic material in wood preservatives such as creosote; for making intense colored dyes; and in everyday products such as mouthwash, liquid detergents, inks, floor cleaners, and disinfectants.

Besides, phenolic resins are used in the manufacturing of thermosetting plastics which are further utilised in the production of electrical components such as electron tubes, insulators, and sockets. Apart from this, paper phenolics are employed for manufacturing household laminates and paper composite panels; and glass phenolics are used in the high-speed bearing market. Additionally, the rise in the demand for molding uses of phenolic resins for several purposes including, sharp grinding wheels, rubbing linings, and intractable products, because of their high elasticity, heat resistance, and dimensional stability, is leading to the growth of the market. Along with other factors, various government initiatives to aid and promote local assembling activities are driving the attention for phenolic resins in the building and construction industry.

Category Insight by Region

The Asia Pacific region was the leading regional phenol market with a market share of about 52.5 percent in 2021. Followed by the Asia Pacific are Europe and the United States as the leading markets for the product, with Europe occupying 22.4 percent of the global phenol market and the United States accounting for about 17 percent of the industry. The Asia Pacific phenol market is growing due to the increasing government initiatives for the construction and chemicals industries such in China and India.

Besides, North America is projected to expand at an increasing rate owing to the rising number of chemical companies in countries like the US and Canada. Europe is likely to account for a substantial share in the international market for phenolic resins, whereas East Asia is estimated to face a major growth all through 2029. The increasing domestic output and consumption of phenolic resins for multiple applications through various end-use industries are expected to largely drive the market growth.

Best Procurement Practices

The global phenol industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of phenol by-products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

Phenol is important to produce other chemical products like phenolic adhesives, polycarbonates, and epoxy resins which are used as essential raw materials for numerous industry sectors. Phenol is applied to many kinds of end products such as plywood, window glazing, flooring and countertop laminates, televisions, computers, household appliances, sports equipment, and boats. Benzene and propylene are used to first produce cumene, which is later oxidised to develop into hydroperoxide, prior to their splitting into phenol and its co-product, acetone. Bisphenol A (BPA), which is produced from phenol and acetone is the only biggest market for phenol. BPA further is utilised to manufacture polycarbonate and epoxy resins. When it is countered with bromine, BPA forms fire retardant tetrabromobisphenol A. It is also applied to produce engineering thermoplastics like polysulfones and polyacrylates.

Key Supplier Profiles included in the Global Phenol Industry Report

The major players in the industry are INEOS Group, Mitsui Chemicals Inc., Honeywell International Inc., Shell Chemical Co., and Solvay SA, among others.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

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Global Sodium Cyanide Industry Report: Analysis and Forecast 2022-2027

Global Sodium Cyanide Industry Report: Analysis and Forecast 2022-2027

Sodium Cyanide Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices

The global sodium cyanide market reached a value of about USD XX billion in 2021. The industry is projected to grow at a CAGR of around XX percent in the forecast period of 2022-2027 to reach a value of USD XX billion by 2027. Like various major industries, regions, and economies, the COVID-19 pandemic has adversely impacted the sodium cyanide market as well. Nevertheless, with several government measures across the globe to control the pandemic crisis and increasing demand from end-use industries, the market is regaining its normal progress rate globally. The key demand indicator is the highest category spender by region— Asia Pacific.

Sodium Cyanide: Industry Definition and Segmentation

Scope

Sodium cyanide refers to an inorganic compound with the chemical formula, NaCN. It is a clean and clolourless sodium salt and is a water-soluble solid. Cyanide has a superior resemblance to metals, which results in the high level of toxicity of this salt. The key application sector for the product is gold mining, which also exploits the high metal reactivity of the product. It is an enormously poisonous substance that blocks many metabolic processes and is often used as a test reagent for the role of chemoreceptors. Moreover, it is also used in a variety of industrial applications such as mining (extraction), Electroplating, and others.

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The sodium cyanide market industry report comprises segments based on:

• End-use products- mining, chemical, and other end-user industries.
• Region-wise - the global sodium cyanide market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Snapshot of the Report

The major regions in the industry are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/sodium-cyanide-industry-report

Category Drivers

The global sodium cyanide market is being driven by the growing mining activities, especially in the Asia Pacific region. The ever-increasing demand for precious metals like gold is encouraging increased mining in the region, by both national and international mining companies. The easy availability of feedstock, hydrogen cyanide, is aiding the market growth in the region. The demand for precious metals is aiding the growth of precious metals mining industries, especially in regions like Africa and Oceania, where the demand for sodium cyanide is growing.

The mining industry is also witnessing healthy growth in the United States due to favourable changes in the policies; thus, further propelling the sodium cyanide industry forward. The market is also driven by the growing demand from the application sectors like chemical intermediates and other materials. The use of sodium cyanide in the electroplating industry is also supporting industry growth. Its excellent blending property makes it a useful intermediate in the electroplating industry. Likewise, sodium cyanide has been widely used by electroplating companies across the world for its better blending properties.

Category Insight by Region

The Asia Pacific, the prominent exporting base of sodium cyanide, is expected to witness high growth rates in terms of demand. The rapid increase in mining activities in the region, along with the growing electroplating industry, is pushing the growth of the sodium cyanide market further. Both supply and demand in the region are quite high in the region. Nearly half of the global supply of sodium cyanide is supplied by the Asia Pacific region, the primary drivers being the region’s readily available feedstock and high-capacity installation. The Asia Pacific is the largest exporter of sodium cyanide due to the surplus production in Asia owing to the low labour cost in the manufacturing of sodium cyanide, as compared to North America and Europe.

Southeast Asia exports a significant volume of sodium cyanide to the West African region, like Ghana and Burkina Faso. China, a significant market within the Asia Pacific region, has a high domestic demand for sodium cyanide. It is also a major exporter, exporting to countries like Latin America, Africa, and India. North America follows the Asia Pacific as the leading supplier and exporter of the substance. North America is one of the major exporting regions due to its surplus capacity. The region majorly exports to Latin America and Mexico and is a net exporter of the substance. The market in the region is being propelled forward by the easy availability of feedstock, and the close access to the mining sites.

Best Procurement Practices

The global sodium cyanide industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of sodium cyanide end use products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

Sodium cyanide is manufactured by curing hydrogen cyanide (HCN) with sodium hydroxide. Since the salt compound is produced from the use of weak acid, sodium cyanide promptly returns to HCN through the hydrolysis process, releasing tiny amounts of hydrogen cyanide, that smell like bitter almonds. It is a dangerous process that represents a substantial risk related to cyanide salts. Moreover, it is purified most effectively with hydrogen peroxide to generate sodium cyanate and water.

A solution of sodium cyanide is typically used to leach gold from ore in most gold mining operations. There are two forms of leaching method – heap leaching and vat or tank leaching. Heap leaching is done by spraying cyanide solution over huge heaps of crumpled ore spread over a giant collection of pads whereas in the vat leaching method the ore is combined with cyanide solution in big tanks. Likewise, another most used method of applying cadmium coating is electroplating. Electroplating or cadmium plating is done through cyanide baths that consist of a mixture of cadmium oxide and sodium cyanide to produce Na2Cd(CN)4.

Key Supplier Profiles included in the Global Sodium Cyanide Industry Report

The major players in the industry are Anhui Shuguang Chemical Group, Cyanco Corporation, Chemours Company, Orica Limited, Taekwang Industrial Co., Ltd., CyPlus GmbH, Tongsuh Petrochemical Corp., Ltd, Sasol Limited, Unique Chemical Limited, and Australian Gold Reagents Pty Ltd., among others.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

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Global Soybean Industry Report: Analysis and Forecast 2022-2027

Global Soybean Industry Report: Analysis and Forecast 2022-2027

Soybean Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global soybean market reached a value of USD XX billion in 2021. The industry is further expected to grow at a CAGR of about XX% in the forecast period of 2022-2027 to reach a value of USD 162.36 billion by 2027. Soybean is extensively utilised as vegetable oil and applied significantly as a resource for industrial purposes such as soy milk, soy flour, soy protein, etc. Although the COVID-19 pandemic and related lockdowns had a minimal impact on the soy market, however, since restaurants were non-operational during the pandemic soy oil which is one of the key soybean products faced a considerable drop in production and consumption. The key demand indicator is the highest category spender by region— China and Spain.

Soybean: Industry Definition and Segmentation

Scope

Soybean is also known as soya beans is an annual legume and an edible seed of the pea family (Fabaceae). Its scientific name is Glycine max. Soybeans are the most economically important bean in the world, supplying plant protein for millions of people plus ingredients for a lot of chemical products. It is the most important source of protein for livestock feed, which, in return, provides animal protein for human consumption. They consist of considerable quantities of phytic acid, B vitamins, and dietary minerals. Soy vegetable oil, extensively used in food and industrial applications, is a substantial soybean processing product. Furthermore, soybean is believed to be an almost-perfect dairy replacement with products like soy curd, tempeh, tofu, and soy milk.

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The soybean market industry report comprises segments based on:

• End-use products
• Application

By application, the market is divided into:

• Animal feed
• Aquafeed
• biofuel
• Food and beverages
• Personal care
• Dietary supplements,
• Pharmaceuticals,
• Lubricants,
• Industrial solvents,
• Adhesives,
• Building materials
• Others

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/soybean-industry-report

End-use segments are divided into:

• Whole soybean
• Fermented soybean
• Non-fermented soy food
• Meal
• Oil

Geographically, the important segments in the international soybean market are:

• North America
• Latin America
• Europe
• The Asia Pacific
• The Middle East and Africa

Snapshot of the Report

The regional markets for the industry can be divided into are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Category Drivers

The main factors that are driving the growth of the global soybean industry are increasing spending power of the people, rising population and urbanisation, growing demand from the crushing industry, increasing health and wellness awareness owing to the higher standard of living, high demand for dairy substitutes, and growth in the automobiles and construction sectors. People across the globe have become more health-conscious which is leading them to shift to healthier cooking oil alternatives like soybean oil, especially in developed nations, such as the United States. Additionally, the growth in the adoption of vegetarianism in the western regions of the world due to the acceptance of plant-rich proteins in the diet is another important driver for the growth of the soybean market. Soybean oil-producing companies are topping up their output so that they can distribute their products at reasonable prices.

Category Insight by Region

The global soybean market in terms of production is led by the United States. The region provides about 34 percent of international output. Followed by the United States, Brazil, Argentina, China, and India are accounted as the other largest manufacturers of soybean. The primary exporting regions include the United States, Brazil, Argentina, Canada, and Paraguay. Brazil exports a significant volume of soybean to China and Spain (around 80 percent), making it the largest soybean exporter globally.

The United States is one of the prominent exporters of soybean, which exports mainly to China and Mexico. China is one of the largest soybean consumers, with the consumption of more than 30 percent of the total global soybean output. China is followed by the United States, Argentina, Brazil, and the European Union. Around 60 percent of the soybean imports in China are used to meet the regional demand, specifically in the soy meal and soy oil industry. European Union, Mexico, Egypt, and Argentina are the other importers of soybean. Additionally, owing to the enormous rise in the population, emerging economies, the increasing awareness to include the high protein content of soybean in the diet, growth of the animal feed industry, and nutraceuticals the Asia Pacific region is projected to lead the demand for soybean in the future.

Best Procurement Practices

The global soybean industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of soybean by-products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

One of the most important pulse crops supplying a great amount of protein and oil requirements globally is soybean. Management of the nutrient level of the soil is a key aspect of achieving a greater output of crops. Efficient management of nutrients also supports the crop to survive with various kinds of biotic and abiotic stress. For the soybean crop, a total of fifteen nutrients are required consisting of macronutrients such as nitrogen, phosphorous, potassium, calcium, magnesium, and sulphur, which are comparatively needed in large quantities, and nine micronutrients which comprise iron, boron, zinc, cobalt, copper, manganese, molybdenum, nickel, and chlorine.

With the help of soil incorporation or foliar spray of commercially available fertilizers, such nutrients are supplied to the soybean plants. Numerous collaborative aspects are accountable for the excellent harvest of the soybean crop. Factors like selecting the variety wisely, engaging in superior agronomic practices, and coping with the production restrictions strategically can enhance soybean production that can help meet the increasing demand for soybean crops. The soybean crops are further processed into oil by following steps like preparation and dehulling, extraction, desolventizing, oil refining, and processing.

Key Supplier Profiles included in the Global Soybean Industry Report

The major players in the industry are Olam International, Fuji Oil Co., Ltd., CHS Inc., Cargill, Incorporated, The Scoular Company, Kerry Inc., House Foods Group Inc., Archer-Daniels-Midland Co. among others

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

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Global Optical Fibre Industry Report: Analysis and Forecast 2022-2027

Global Optical Fibre Industry Report: Analysis and Forecast 2022-2027

Optical Fibre Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global optical fibre market reached a value of about USD xx million in 2021. The industry is further expected to grow at a CAGR of about xx% in the forecast period of 2022-2027 to reach a value of around USD xx trillion by 2027. The prices of optical fibre in 2021-22 are expected to be affected by limited production of silica due to stringent dredging regulations and increased demand for Silica in the Semi-Conductor Industry. While the key price indicator in the industry report is the feedstock, the key demand indicator is the highest category spender by region—Asia Pacific.

Optical Fibre: Industry Definition and Segmentation

Scope

Optical fibre cables transmit data signals in the form of light and can travel hundreds of miles faster than traditional electrical cables. Furthermore, optical fibre cables are non-metallic and are not affected by electromagnetic interference, which can reduce transmission speed. Optical fibre cables are also more secure because they do not carry current and thus cannot spark.

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The optical fibre industry report includes segmentation based on:

• Types of material – such as glass and plastics
• Types of cable – such as single mode and multiple mode
• Application – such as IT and telecommunications, military, and aerospace, BFSI, and others

Snapshot of the Report

The regional markets for categories/parent industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/optical-fibre-industry-report

Category Drivers

The market is projected to be driven by the advent of the internet of things (IoT) technology. As the number of connected devices grows, there will be a larger demand for higher bandwidth, which will in turn fuel the optical fibre deployment. The market is further aided by the growing demand for the internet on the back of increased smartphone penetration rates and the development of ICT infrastructure across rural and semi-urban regions.

Category Insight by Region

The increasing prevalence of smartphones and the introduction of 4G and 5G technology across the Asia Pacific region is projected to contribute to the growth over the forecast period. Moreover, increased investments in optical fibre infrastructure projects by developing nations such as China, India and Pakistan are expected to boost regional growth. In 2018, the Southeast Asia-Japan 2 (SJC2) consortium agreed to develop a high-performance submarine cable connecting Singapore, Thailand, Mainland China, Hong Kong, Cambodia, Korea, and Japan with the NEC Corporation. This will result in a significant increase in fibre connectivity throughout the region.

Feedstock pricing

Global silica prices are expected to rise with the increasing global population and construction and automobile manufacturing activities. The increase in demand for high-purity quartz has further broadened the silica demand-supply deficit. The Asia-Pacific region's silica prices are expected to rise due to increased demand and supply constraints caused by depletion and environmental restrictions on dredging across the region. Meanwhile, in the United States, key manufacturers such as U.S. Silica are raising their prices by up to 15% to offset the increased expenditure on transportation, energy, materials, and manufacturing costs that will increase the price of optical fibre. Moreover, the increase in feedstock prices has surged the optical fibre prices for optical Fibre in Europe.

Feedstock Demand/Supply Overview

Silica production has been significantly reduced in major companies because of mandatory regulations limiting dredging activities. While increased demand for Silica, particularly for semiconductors in China, Taiwan, Japan, and South Korea, has resulted in supply disruptions due to lower feedstock production and imports. Meanwhile, methyl methacrylate (feedstock of polymethyl methacrylate) is experiencing low downstream demand due to excess production capacity in the Asia Pacific region during Q4, 2021.

The European market demand is stable to moderate, owing to a 30% drop in automotive sector demand due to ongoing microchip scarcity during Q4. Despite the abundance of raw materials, supply is still limited due to high natural gas and electricity costs. Furthermore, in the North American market, demand and supply of MMA are balanced, with increased supply and decreasing prices.

Best procurement practices

The global optical fibre industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major consumers of optical fibre across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

IT and Telecommunications was the largest application segment on account of the increased data traffic following the introduction of e-commerce and OTT services, which necessitated the development of a transmission medium capable of handling the high-speed requirements, aiding the segment's growth. Meanwhile, the military and aerospace segment are expected to witness healthy growth due to increased military spending on modern communication and network infrastructure.

Key supplier profiles included in the Global Optical Fibre Industry Report

The major players in the market are Corning Inc., Yangtze Optical FC, Sumitomo Electric Industries, Prysmian S.p.A., Shenzhen HTGD Intelligent Equipment Co., Ltd., Furukawa Electric Co., Ltd. The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliers.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Read More

Global Electronic Manufacturing Services Industry Report: Analysis and Forecast 2022-2027

Global Electronic Manufacturing Services Industry Report: Analysis and Forecast 2022-2027

Electronic Manufacturing Services Industry by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global Electronic Manufacturing Services (EMS) market reached a value of USD XXXX million in 2021. The industry is further expected to grow at a CAGR of about XX% in the forecast period of 2022-2027 to reach a value of USD XXXX million by 2027. The prices of Electronic Manufacturing Services in 2021-2022 are expected to be impacted due to an unprecedented impact of COVID-19 in 2020-2021 which hampered the demand for electronic manufacturing services across regions amidst various restrictions related to the pandemic. To add further, the pause and interruption in the delivery of the raw materials needed for automotive and communication electronics have adversely influenced the market. The key demand indicator is the highest category spender by region—North America (the United States and Canada).

Electronic Manufacturing Services: Industry Definition and Segmentation

Scope

Electronics manufacturing services (EMS) are classified as organizations that design, manufacture, test, distribute, and deliver return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs). This model is also described as electronics contract manufacturing (ECM). Electronic manufacturing requires different levels of automation, that depend on the organization and the project for which they require the equipment.

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The electronic manufacturing services industry report comprises segments:

• By services - electronic designing and engineering, assembly, manufacturing, supply chain management, and others
• By industry - automotive, communications, computer, consumer electronics, industrial, healthcare, commercial aviation, defense, etc.
• By region - North America, Europe, Asia Pacific, the Middle East, and Africa, and South America

Snapshot of the Report

The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/electronic-manufacturing-services-industry-report

Category Drivers

The communication segment is the leading division owing to the expanded adoption of networking and wearable technologies and increased use of cell phones helping in the development of the communications electronic market. Besides, the digitalization of the market demands the utilization of advanced electronics and capabilities, along with a high level of networking. Because of this factor, electronic manufacturing services are being extensively used in the communication electronics industry. Similarly, the healthcare category is also gaining popularity since electronics such as printed circuit boards from x-rays to pacemakers have become primarily important in the medical industry.

The digital health sector most commonly point-of-care products and devices is projected to drive the growth of the EMS market. Other important drivers are the increasing need to reduce the time to market, shifting manufacturing units to countries in the Asia Pacific which have low labour costs, the growing need for medical device production in Europe and America, intensifying inclination toward outsourcing by original equipment manufacturers to augment output, expanding electrification in vehicles, and increasing move toward electric vehicles and rise in the use of smart home gadgets.

Category Insight by Region

North America’s EMS market has grown heavily due to the increase in the use of consumer electronics in middle- and high-income populations due to the region’s fast urbanization and constant population growth. In the Asia Pacific region, China is one of the most important markets in the EMS market, because of its strong presence in consumer electronics, semiconductors, and other telecommunications products and machinery manufacturing sectors. The European EMS market is growing for PCBA assembly, research, prototyping, and construction, as major European automotive manufacturers such as Volkswagen, BMW, and Renault are affiliating with electronic manufacturing service providers. The massive R&D activities, the adoption of electric vehicles, and the growth of consumer and automotive electronics are pushing the expansion of the Middle East and Africa, and South American markets.

Best Procurement Practices

The global Electronic Manufacturing Services industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of electronic manufacturing services products across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

There are several levels of automation depending on the company and the project in the electronic manufacturing services industry. Strong automated manufacturing is used by companies that produce significant turns of products. On the other hand, companies with a small production run generally gather PCBs physically to save time and expense involved in setting up automated assembly equipment. The second category is the design that provides services that incorporate various correlated actions that take place after ascertaining a customer’s requirements and needs before assembling and manufacturing begins. After designing the product, testing takes place which can be of one or more types after completing a model of the product.

The third step is to manufacture different types of electronic products such as Printed circuit boards (PCBs), Microelectronics, Optoelectronics, and Radio Frequency/Wireless. Finally, the EMS companies produce the equipment and specializes in several different production levels and speeds, which are based on their available equipment and resources. The leading PCB manufacturing companies are using various methods to reduce production costs by engaging automated robots and cheap labour. Countries like China, Japan, Singapore, and Taiwan have cheap electricity, labour, and raw material because of which the production cost is comparatively lower than European countries and the United States.

Key Supplier Profiles included in the Global Electronic Manufacturing Services Industry Report

The key market players are HON HAI Precision Industry Co. Ltd, Pegatron, Quanta, Compal, Jabil Inc., Flextronics, Wistron Corporation, Celestica, PLEXUS Corporation, Benchmark Electronics Inc., and SIIX Corporation.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

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Global Lime Industry Report: Analysis and Forecast 2022-2027

Global Lime Industry Report: Analysis and Forecast 2022-2027

Lime Industry Report by Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices

The global lime market reached a value of USD XX billion in 2021. The industry is further expected to grow at a CAGR of about XX% in the forecast period of 2022-2027 to reach a value of USD XX billion by 2027. Like other industries, the COVID-19 pandemic negatively affected the global production of lime and disturbed its export and import activities, however, the increasing worldwide demand for lime by the growing construction industry primarily in the emerging countries along with the rising steel industry has helped the lime industry to pick up its pace in the global market. The key demand indicator is the highest category spender by region— Asia Pacific.

Lime: Industry Definition and Segmentation

Scope

Lime is manufactured from limestone and is primarily used as a chemical additive for important end-use industrial applications like metallurgy, construction, chemicals, and environmental. It is a low-cost commodity produced in a large volume. Lime is a calcium-containing inorganic mineral compound of oxide and hydroxide that are mainly alkaline in nature. Lime is a multipurpose chemical that is widely used in the metallurgy industry and is witnessing a rise in demand in the chemical and manufacturing industry.

Get a Free Sample Report with Table of Contents: - https://www.procurementresource.com/reports/lime-industry-report/request-sample

The lime market industry report comprises segments by:

• Type - Quick Lime and Hydrated Lime
• Application - agriculture, building material, mining and metallurgy, water treatment, and others
• Region-wise - North America, Europe, Asia Pacific, South America, and the Middle East and Africa

Snapshot of the Report

The regional markets for the industry can be divided into North America, Asia Pacific, Europe, South America, and the Middle East and Africa.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/lime-industry-report

Category Drivers

Lime is used as a critical element in the steel manufacturing process. There is an immense demand for steel products in the last few years due to the rising focus and involvement of the governments in China, India, Brazil, and South Africa to construct a strong infrastructure and residences for the growing population in these regions, therefore steel demand has become one of the primary drivers for the lime industry’s market growth at a global level. Besides, toxic water consumption by millions of people around the world is resulting in major transmissible diseases like diarrhea, cholera, and typhoid.

Hence, governments and organizations such as the UN and US EPA, have laid down a legal structure to determine the quality standards for drinking water. The hydrated lime product helps in changing the acidity of industrial and mining wastewater and removes contaminants such as phosphorus and nitrogen therefore its usage in treating water has gained major footing. Likewise, since quicklime product absorbs and neutralises SOx emissions and hence, prevents acid rains, it is used to clean chimney gas released by industries, powerplants, and waste incinerators. Hence, the rigorous environmental conservation requirements are expected to drive the demand for lime.

Category Insight by Region

The Asia Pacific region is projected to dominate the international market in the forecasted period, majorly credited to the superior end-user industries’ intensity in China. China is the leading country to manufacture various metal products such as steel, aluminium, and gold. Additionally, the increased focus on infrastructural development in India and other Southeast Asian countries is proving to be a critical factor in the massive growth of the lime market in the region. Furthermore, with the new governmental strategies to develop the infrastructure, the lime market in North America is expected to grow more in the coming years. Also, Europe’s production volume is approximately double that of North America. The main reason behind the region’s growth in the lime market is the development of steel production to meet the needs of the invigorating automotive industry. To add, there is an increasing demand by the paper and plastic industries to treat wastewater and flue gases providing an excellent growth opportunity for the market players.

Best Procurement Practices

The global Lime industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of lime products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

Lime is produced from the key raw materials, limestone, and chalk when exposed to temperatures above 800 degrees Celsius during the calcination process, which breaks down the carbonate compound into highly corrosive calcium oxide or quicklime and releases carbon dioxide. The manufacturing of lime comprises various processes such as crushing, pulverizing, heating, and hydrating and is called a lime cycle. The procedure for lime production varies according to the required product and application. The first product formed by the lime process is quicklime and hydrated lime is produced by adding water to the quicklime.

Key Supplier Profiles included in the Global Lime Industry Report

The major players in the industry are Lhoist Group, Carmeuse Group, Graymont Limited, Mississippi Lime Company, Nordkalk Corporation, Sigma Minerals Limited, and Ognyanovo K JSC, among others.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Read More

Global Integrated Facilities Management Industry Report: Analysis and Forecast 2022-2027

Global Integrated Facilities Management Industry Report: Analysis and Forecast 2022-2027

Integrated Facilities Management Industry Report by Regional Category Spend, Price Analysis, Key Demand, Price Indicators, and Best Buying Practices

The global Integrated Facilities Management (IFM) market reached a value of USD 55.1 billion in 2021. The industry is further expected to grow at a CAGR of about 13.36% in the forecast period of 2022-2027 to reach a value of USD 116.5 billion by 2027. While the COVID-19 pandemic disturbed almost all sectors including the IFM industry, nevertheless, by exploring new ways and searching for innovative solutions, the facilities management services sector has struggled back to establish services for working remotely and in the workplace keeping the social distancing in mind. The key demand indicator is the highest category spender by region—North America (the United States and Canada).

Integrated Facilities Management: Industry Definition and Segmentation

Scope

Integrated facilities management (IFM) refers to combining all the facilities management efforts and technologies under one cohesive team. IFM team can be divided into hard facilities management which involves components of building fabric and soft facilities management such as providing security, cleaning, and waste management services. IFM primarily comprises contracts, vendor collaborations, space management, and real estate planning. IFM services provide efficient services combined in a single agreement that gives their clients one point of contact for customer service, improved coordination between various facilities management services vendors, and combined costs to bring everything within the budget.

Get a Free Sample Report with Table of Contents: - https://www.procurementresource.com/reports/integrated-facilities-management-industry-report/request-sample

The integrated facilities management industry report comprises segments by:

• Solutions - facility property management, building information modeling, integrated workplace management system, facility operations, and security management, and others
• Services - deployment, and integration, consulting and training, support and maintenance, auditing and quality assessment, and others
• Deployment - on-premises and cloud
• Region-wise - North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is projected to have the largest market share in the global facility management market.

Snapshot of the Report

The regional markets for the industry can be divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Read Full Report with Table of Contents: - https://www.procurementresource.com/reports/integrated-facilities-management-industry-report

Category Drivers

The increasing trend of getting digitized, with the rising adoption of the Internet of Things (IoT) and cloud-based software, are at present the major drives leading to the growth of the IFM market. To reduce the dependency of the managers on human resources and enhance their operational effectiveness, they are using more advanced technologies such as cloud computing and augmented reality (AR) for managing a building. Cloud-based solutions are the major driver in the growth of the IFM industry globally as they help numerous organisations to decrease operating costs, security of crucial data, swift recovery of servers, and easy accessibility of information from anywhere through a secure login. Additionally, the arrival of IFM is proving to be a growth-stimulating factor. IFM improves output by streamlining recurring operations and combining all office-related functions under one individual management team.

While ensuring the accessibility of all important devices needed for maximum efficiency, facility management services are also employed to easily manage home-based, on-the-go, after-hours and employees, and outsourced services. Furthermore, facility management services perform a key role to create a safe workplace especially to deal with COVID-19 concerns, reduce energy costs, and asset tracking. Besides, the execution of the promising government policies promoting infrastructural automation, paired with the growing adoption of the software-as-a-service (SaaS) deployment model, is expected to drive the market further. Also, nations across the globe are focused on investing in infrastructure. Governments have begun to finance greatly in building railways, ports, airports, and several other sectors. To work this up a lot of alliances have been made with various private contractors and service providers that help in maintaining the infrastructure clean and green.

Category Insight by Region

Owing to the presence of multiple organized and Unorganised market players in the Asia Pacific region, countries like India and China had the biggest market share. Likewise, recognized major players in the IFM sector are aiming on associating with domestic companies to offer their services to end-users and enlarge their geographical existence. To add further, the fast adaptation of the new and innovative technologies such as Internet of Things (IoT) solutions and modern business strategies are positively affecting the market in the region.

North America on the other hand is projected to grow progressively and have the greatest market share in the global IFM market by implementing the latest technologies like IoT, AI, the adoption of robots, and others. With economic and technological advancements in countries like the United States and Canada, the adoption of evolving technologies and the robust financial standing of important market players are some of the main factors that support organizations in North America to be more competitive than the others.

The existence of developed countries having well-established infrastructure helps in generating huge demand for facility management services in the region. BFSI and IT & Telecom divisions of the companies are likely to contribute a key market share. Additionally, with the growing awareness and need for sanitization to fight the novel coronavirus along with the implementation of the government-initiated Programmes the IFM market is estimated to grow considerably in the forecast period.

In addition, with the implementation of precautionary measures by governments across the region allowing the IFM service providers to increase the workforce, productivity, and sales, Europe’s IFM industry is expected to grow moderately. On the other hand, the rise in the investments in the tourism sector by the governments of the Middle East and Africa is the primary reason for driving the growth opportunities in the IFM market. Moreover, factors like the emerging economy, commercial and residential segments are the important drivers that are resulting in the growth of the IFM industry in Latin America.

Best Procurement Practices

The global Integrated Facilities Management industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of integrated facilities management services products across the globe, such as engagement models, contract terms, buyer, and supplier negotiation levers, among others.

Category Management Studies

Organizations are adopting the IFM approach by taking steps like researching the existing processes, communicating with the stakeholders, benchmarking the goals, and finally integrating the technology. Since taking IFM services means making fundamental changes in the operations of the business and modifying plenty of moving parts, its execution requires vast research. The companies study the present state of facilities management to determine the IFM standards. There is clear communication on the transitioning plans so that the entire organisation understands the changes. This can be done with the help of surveys, focus groups, and open meetings to encourages questions and suggestions. The IFM company identifies and explains the return on investment and justifies the changes in the processes and responsibilities to their clients. Integrated technology like IoT and other latest software capabilities, help the IFM clients to expand their businesses.

Key Supplier Profiles included in the Global Integrated Facilities Management Services Industry Report

The key market players in the global facility management market include IBM, Oracle, Trimble, CA Technologies, SAP, Archibus, Accruent, Maintenance Connection, MCS Solutions, Planon, Ioffice, Jadetrack, Metricstream, Emaint, Facilities Management Express, etc.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource

Contact Person: Chris Smiths

Email: sales@procurementresource.com

Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.procurementresource.com/

Read More