Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Agricultural Chelates Market.

It was estimated prior to this unanticipated outbreak that the Agricultural Chelates Market was expected to grow at a CAGR of 7.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Agricultural chelates have a variety of applications into soil, foliar, and fertigation. They play an important role in agriculture, as they maximize the yield and improve the quality of agricultural products. Foliar sprays are commonly used to apply metal chelates as micronutrient fertilizers to provide plants with iron, copper, manganese, and zinc. The most commonly used chelates in agriculture are EDTA, EDDHA, and DTPA.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the type, the market is segmented as EDTA, EDDHA, DTPA, IDHA, and others. EDTA is estimated to be fast growing segment of the market during the forecast period. EDTA chelates agent enable the plant to absorb high amount of micronutrients and provide an excellent binding capability when they are used with crucial micronutrients, such as iron, manganese, copper, and zinc, which results in an improved quality of crop growth, fueling the growth of the agricultural chelates market.

Based on the crop type, the agricultural chelates market is segmented as cereals & grains, oilseeds & pulses, fruits & vegetables, and other crop types. Fruits & vegetables held the largest share of the market in 2019, and is likely to maintain its leading position during the forecast period as well. It is estimated that there will be an increase in the consumption of fruits and vegetables in the upcoming years.

Based on the application type, the market is segmented as soil application, seed dressing, foliar sprays, fertigation, and others. Foliar spray is expected to be the fastest-growing segment of the agricultural chelates market during the forecast period. Foliar spray is an agricultural method in which water and agricultural chelates are applied to the plants through spray pumps, drones, tractor-mounted sprayers, and airplanes. This process offers a possibility to get the best use of yield, reduce the loss of nutrients, and also prevention from polluting the environment.

Also, the farmers usually prefer foliar spray techniques for the application of agricultural chelates, as it guarantees that the nutrients are uniformly applied and the agricultural input cost is reduced. Hence, the efficiency and reliability of foliar spray is offering substantial growth opportunities in the market during the forecast period.

In terms of regions, Europe held the largest share of the agricultural chelates market in 2019, and is estimated to govern the market during the forecast period. Due to the growing demand from the European countries, Spain and the Netherlands have an increased cultivated area, including greenhouse as well. Also, these countries have export demands for a wide range of crops, such as pulses, fruits, cereals, oilseeds, and cash crops. The growth of the crop is highly dependent on the type of soil, which varies from region to region. The lack of micronutrients in soils as reported across Europe is expected to drive the growth of the agricultural chelates market. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the key players in manufacturing agricultural chelates are-

• Aries Agro Ltd.
• BASF SE
• Greensmiths, Inc.
• Haifa Chemicals
• Nouryon
• Nufarm Ltd
• Syngenta AG
• The Andersons, Inc.
• The Dow Chemical Company
• Wilbur-Ellis Company Inc.

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Advanced Glass Market.

It was estimated prior to this unanticipated outbreak that the Advanced Glass Market was expected to grow at a CAGR of 9.8% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Advanced glass are special and unique grades of glass having specific characteristics and properties designed for specific end use. In order to improve durability, strength, and aesthetic appearance these glasses undergo specialized chemical and mechanical process. Advanced glass can be categorized into laminated glass, coated glass, toughened glass and others.

These glasses find applications in various industries including commercial construction, residential construction, infrastructure, automotive, electronics, sports, and leisure. On the basis of function type, advance glass can be categorized into safety & security, solar control, optics & lighting, high performance, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the type, the market is segmented as laminated glass, coated glass, toughened glass, and others. The laminated glass segment dominated the market in 2019, and is expected to maintain its position during the forecast period as well. The expanding construction industry and rising disposable income of consumers are the major factors behind the dominance of the segment.

Based on the end-use industry type, the advanced glass market is segmented as commercial construction, residential construction, infrastructure, automotive, electronics, sports, leisure, and others. The commercial construction segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Revival of the construction industry from subprime crises and euro-debt crises along with significant economic development in the Asia-Pacific region is the major factor driving the growth of the entire construction industry.

In terms of regions, North America is estimated to be the largest market for advanced glass during the forecast period. Significant demand from various end-use industries and presence of major players in the region are the major factors behind the dominance of the region in the global advanced glass market. Asia-Pacific is expected to witness high growth during the forecast period. China, Japan, South Korea, and India are the driving force of the region’s market.

Key Players:

Some of the major suppliers of advanced glass are Pittsburgh Plate Glass Industries, Asahi Glass Co., Saint Gobain, Corning Inc., Nippon Sheet Glass Co., Ltd., Guardian Industries, Sisecam Group, Xinyi Glass Holdings Limited, Fuyao Glass Industry Group Co., Ltd., and Gentex Corporation.

3M (St. Paul, MN, U.S.) launched on July 17 its Nextel DF-13-4500, a 610 fabric that can be used to make oxide-oxide (ox-ox) ceramic matrix composite (CMC) parts as an alternative to metal components. A continuous aluminum oxide (alpha alumina) fiber that can be woven into fabrics, Nextel 610 is typically used to reinforce composite parts and provide structural integrity even at continuous temperatures of up to 1000°C. According to 3M, Nextel DF-13-4500 is the company’s highest denier Nextel fabric from the Nextel 610 portfolio, enabling improved material efficiency while maintaining the benefits of ox-ox CMCs.

Ox-ox CMCs are high-strength, high-temperature and oxidation-stable materials that expand the design flexibility, life expectancy and efficiency of parts compared to existing metal parts. Ox-ox CMCs are gaining increased use as a mainstream material option for high-temperature components, especially in the aerospace and advanced energy sectors, and are gaining attention in broader industrial markets.

“The launch of Nextel DF-13-4500 fabric is an important milestone for the 3M Nextel portfolio to continue to increase the market adoption of ox-ox CMCs. The higher denier fabric enables customers to achieve the benefits of ox-ox CMCs but finally at the price that’s more accessible and competitive to metals,” states Clara Choe, 3M advanced materials division’s Nextel global business development manager.

Source: https://www.compositesworld.com/news/3m-launches-high-temperature-oxidation-stable-nextel-ceramic-fabric

Airbus announced on June 30 that it plans to adapt its global workforce and resize its commercial aircraft activity in response to the coronavirus pandemic. This adaptation is expected to result in a reduction of around 15,000 positions no later than summer 2021. The company says the information and consultation process with social partners has begun with a view to reaching agreements for implementation starting in autumn 2020.

Airbus notes that commercial aircraft business activity has dropped by close to 40% in recent months as the industry faces an unprecedented crisis. Commercial aircraft production rates have been adapted accordingly. Airbus says it is grateful for the government support that has enabled the company to limit workforce reductions. However, with air traffic not expected to recover to pre-COVID levels before 2023 and potentially as late as 2025, Airbus says it now needs to take additional measures to reflect the post-COVID-19 industry outlook. 

Following the in-depth analysis of customer demand that has taken place over recent months, Airbus anticipates the need to reduce its global workforce due to COVID-19 by approximately:

• 5,000 positions in France
• 5,100 positions in Germany
• 900 positions in Spain
• 1,700 positions in the U.K.
• 1,300 positions at Airbus’ other worldwide sites

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