Top companies covered in the nanocomposites market are Arkema S.A. (France), Evonik Industries AG (Germany), Showa Denko K.K. (Japan), Cabot Corporation (U.S.), Zyvex Technologies Inc. (U.S.), Nanocyl SA (Belgium), RTP Company (U.S.), Nanophase Technologies Corporation (U.S.), Nanocor Inc. (U.S.), DuPont (U.S.), and other key players profiledPune, Nov. 01, 2020 (GLOBE NEWSWIRE) — The global nanocomposites market size is projected to reach USD 14.34 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of market growth. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Nanocomposites Market Size, Share & COVID-19 Impact Analysis, By Type (Polymer, Metal, Ceramic, Others), By Product (Carbon Nanotubes, Nanoclay, Graphene, Nanofiber, Others), By Application (Packaging, Electrical & Electronics, Automotive, Aerospace & Defense, Others), and Regional Forecast, 2020-2027” the market was worth USD 4.32 billion in 2019 and will exhibit a CAGR of 16.3% during the forecast period, 2020-2027.Nanocomposites are substances that possess properties that cater to applications across diverse industry verticals. The massive investments in the research and development of efficient products will emerge in favor of growth of the overall market in the coming years. The increasing applications of the product have attracted huge investments from large scale companies across the world. The properties of nanocomposites such as good electric conductivity, high thermal stability, and excellent mechanical strength have fuelled the demand for the product across the world. The increasing uses in the biomedical industry will bode well for the growth of the overall nanocomposites market in the foreseeable future. Covid-19 Pandemic to Create Several Growth Opportunities for Nanocomposite BusinessesThe recent coronavirus outbreak has had a massive impact on several economies across the globe. Due to the rapid spread of the disease, several countries are looking to implement strict measures with a view to controlling the spread of the disease. The efforts taken to curb the spread of the disease have limited the growth of the businesses across the world. Despite the barriers set by the Covid-19 pandemic, the nanocomposites market will derive significant growth from this due to the rise in demand for packaging material across the world. Due to the increase in deliveries across food supplies and other industries will emerge in favor of market growth. Besides the food industry, the electronics industry will also witness significant growth due to the recent pandemic. Increasing Number of Company Collaborations will Emerge in Favor of Market GrowthThe report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the increasing demand for the product, there is a healthy market competition across the world. The strong market competition has encouraged companies to adopt newer strategies that have helped them establish a stronghold in the market. In July 2020, PPK announced that it has partnered with Geelong’s Deakin University for the development of a new product integrated with nanocomposites. The companies will develop boron nitride nanotubes (BNNT) for new dental nanocomposites. Increasing number of such company collaborations will have a huge impact on the growth of the overall market in the forthcoming years. Get Sample PDF Brochure with Impact of COVID19:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/nanocomposites-market-104041 Asia Pacific to Emerge Dominant; Presence of Several Large Scale Companies will Emerge in Favor of Market GrowthThe report analyzes the ongoing market trends across North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The increasing use of nanocomposites by large scale companies in the Asia Pacific will fuel the demand for the product across the world. The increasing investments in the research and development of efficient products will also emerge in favor of market growth. Additionally, the increasing use of nanocomposites in the electronic industry will have a huge impact on the growth of the regional market. As of 2019, the market in Asia Pacific was worth USD 1.65 billion and this value is projected to rise at considerable pace in the coming years. List of the Leading Companies Profiled in the Global Nanocomposites Market are: * Arkema S.A. (France) * Evonik Industries AG (Germany) * Showa Denko K.K. (Japan) * Cabot Corporation (U.S.) * Zyvex Technologies Inc. (U.S.) * Nanocyl SA (Belgium) * RTP Company (U.S.) * Nanophase Technologies Corporation (U.S.) * Nanocor Inc. (U.S.) * DuPont (U.S.) * Other Key Players Get Discount:https://www.fortunebusinessinsights.com/enquiry/check-discount/nanocomposites-market-104041 Detailed Table of Content: * Introduction * Research Scope * Market Segmentation * Research Methodology * Definitions and Assumptions * Executive Summary * Market Dynamics * Market Drivers * Market Restraints * Market Opportunities * Emerging Trends * Key Insights * Key Emerging Trends – For Major Countries * Industry SWOT Analysis * Regulatory Analysis * Recent Industry Developments – Policies, Collaboration, New Product Launches, and Mergers & Acquisitions * Global Nanocomposites Market Analysis, Insights and Forecast, 2016-2027 * Key Findings / Summary * Market Size Estimates and Forecast * By Type (Value) * Polymer * Metal * Ceramic * Others * By Product (Value) * Carbon Nanotubes (CNT) * Nanoclay * Graphene * Nanofiber * Others * By Application (Value) * Packaging * Electrical & Electronics * Automotive * Aerospace & Defense * Others * By Region (Value) * North America * Europe * Asia Pacific * Latin America * Middle East & AfricaTOC Continued…! Industry Developments:July 2019: Researchers from the University of California, Santa Barbara and the University of Hawaii have synthesized nanoparticles that can be used for 3D printing. Browse Detailed Summary with TOC:https://www.fortunebusinessinsights.com/nanocomposites-market-104041 Have a Look at Related Research Insights:Graphene Market Size, Share & COVID-19 Impact Analysis, By Product (Graphene Oxide (GO), Graphene Nanoplatelets (GNP), Others), By End-Use (Electronics, Aerospace & Defense, Automotive, Energy, Others), and Geography Forecast, 2020-2027 About Us:Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.Contact Us:Fortune Business Insights™ Pvt. Ltd.308, Supreme Headquarters,Survey No. 36, Baner,Pune-Bangalore Highway,Pune – 411045, Maharashtra, India.Phone:US: +1 424 253 0390UK: +44 2071 939123APAC: +91 744 740 1245Email: sales@fortunebusinessinsights.comFortune Business Insights™LinkedIn | Twitter | Blogs Read Press Release:https://www.fortunebusinessinsights.com/press-release/global-nanocomposites-market-10286
TORONTO – Canada’s main stock index was higher in late-morning trading, helped by strength in energy stocks, while U.S. stock markets also moved up.
The S&P/TSX composite index was up 34.91 points at 23,736.98.
In New York, the Dow Jones industrial average was up 178.05 points at 41,800.13. The S&P 500 index was up 28.38 points at 5,661.47, while the Nasdaq composite was up 133.17 points at 17,725.30.
The Canadian dollar traded for 73.56 cents US compared with 73.57 cents US on Monday.
The November crude oil contract was up 68 cents at US$69.70 per barrel and the October natural gas contract was up three cents at US$2.40 per mmBTU.
The December gold contract was down US$7.80 at US$2,601.10 an ounce and the December copper contract was up a penny at US$4.28 a pound.
This report by The Canadian Press was first published Sept. 17, 2024.
OTTAWA – Canada’s inflation rate fell to two per cent last month, finally hitting the Bank of Canada’s target after a tumultuous battle with skyrocketing price growth.
The annual inflation rate fell from 2.5 per cent in July to reach the lowest level since February 2021.
Statistics Canada’s consumer price index report on Tuesday attributed the slowdown in part to lower gasoline prices.
Clothing and footwear prices also decreased on a month-over-month basis, marking the first decline in the month of August since 1971 as retailers offered larger discounts to entice shoppers amid slowing demand.
The Bank of Canada’s preferred core measures of inflation, which strip out volatility in prices, also edged down in August.
The marked slowdown in price growth last month was steeper than the 2.1 per cent annual increase forecasters were expecting ahead of Tuesday’s release and will likely spark speculation of a larger interest rate cut next month from the Bank of Canada.
“Inflation remains unthreatening and the Bank of Canada should now focus on trying to stimulate the economy and halting the upward climb in the unemployment rate,” wrote CIBC senior economist Andrew Grantham.
Benjamin Reitzes, managing director of Canadian rates and macro strategist at BMO, said Tuesday’s figures “tilt the scales” slightly in favour of more aggressive cuts, though he noted the Bank of Canada will have one more inflation reading before its October rate announcement.
“If we get another big downside surprise, calls for a 50 basis-point cut will only grow louder,” wrote Reitzes in a client note.
The central bank began rapidly hiking interest rates in March 2022 in response to runaway inflation, which peaked at a whopping 8.1 per cent that summer.
The central bank increased its key lending rate to five per cent and held it at that level until June 2024, when it delivered its first rate cut in four years.
A combination of recovered global supply chains and high interest rates have helped cool price growth in Canada and around the world.
Bank of Canada governor Tiff Macklem recently signalled that the central bank is ready to increase the size of its interest rate cuts, if inflation or the economy slow by more than expected.
Its key lending rate currently stands at 4.25 per cent.
CIBC is forecasting the central bank will cut its key rate by two percentage points between now and the middle of next year.
The U.S. Federal Reserve is also expected on Wednesday to deliver its first interest rate cut in four years.
This report by The Canadian Press was first published Sept. 17, 2024.
FREDERICTON – New Brunswick‘s finance minister says the province recorded a surplus of $500.8 million for the fiscal year that ended in March.
Ernie Steeves says the amount — more than 10 times higher than the province’s original $40.3-million budget projection for the 2023-24 fiscal year — was largely the result of a strong economy and population growth.
The report of a big surplus comes as the province prepares for an election campaign, which will officially start on Thursday and end with a vote on Oct. 21.
Steeves says growth of the surplus was fed by revenue from the Harmonized Sales Tax and federal money, especially for health-care funding.
Progressive Conservative Premier Blaine Higgs has promised to reduce the HST by two percentage points to 13 per cent if the party is elected to govern next month.
Meanwhile, the province’s net debt, according to the audited consolidated financial statements, has dropped from $12.3 billion in 2022-23 to $11.8 billion in the most recent fiscal year.
Liberal critic René Legacy says having a stronger balance sheet does not eliminate issues in health care, housing and education.
This report by The Canadian Press was first published Sept. 16, 2024.
