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  • The global craft beer market size is expected to reach USD 190.66 billion by 2027, exhibiting a CAGR of 10.4% during the forecast period. The modification and improvement in the taste of craft beer will foster healthy growth of the market, states Fortune Business Insights, in a report, titled “Craft Beer Market Size, Share & COVID-19 Impact Analysis, By Type (Ale, Lager, Pilsner, and Others), Distribution Channel (On-Trade and Off-Trade), and Regional Forecast, 2020 – 2027.” The market size stood at USD 89.25 billion in 2019.

    https://www.fortunebusinessinsights.com/industry-reports/craft-beer-market-100736
    The global craft beer market size is expected to reach USD 190.66 billion by 2027, exhibiting a CAGR of 10.4% during the forecast period. The modification and improvement in the taste of craft beer will foster healthy growth of the market, states Fortune Business Insights, in a report, titled “Craft Beer Market Size, Share & COVID-19 Impact Analysis, By Type (Ale, Lager, Pilsner, and Others), Distribution Channel (On-Trade and Off-Trade), and Regional Forecast, 2020 – 2027.” The market size stood at USD 89.25 billion in 2019. https://www.fortunebusinessinsights.com/industry-reports/craft-beer-market-100736
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Craft Beer Market Size, Share, Analysis | Industry Trends [2028]
    The global craft beer market is projected to grow from $102.59 billion in 2021 to $210.78 billion in 2028 at a CAGR of 10.83% in forecast period, 2021-2028
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  • Bioplastics Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2021-2026
    The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years.

    Postponement of Green Investment by Government amid COVID-19 to Hamper Growth

    According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market.

    Click here to get the short-term and long-term impact of COVID-19 on this Market.

    Please visit: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940


    Lastly, based on region, the market is categorized into Europe, North America, Asia-Pacific, and Rest of the World.

    What does the Report Include?

    The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

    DRIVING FACTORS

    Increasing Demand for Eco-Friendly Plastics to Aid Growth

    According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years.

    REGIONAL INSIGHTS

    Europe – The region is expected to remain dominant and hold the largest global bioplastics market share during the forecast period. The dominance is attributable to the increasing demand for bio-based plastics for packaging purposes in the region. Europe stood at USD 3,460.8 million in 2020.

    Asia-Pacific – The market in the region is expected to experience exponential growth in the forthcoming years. This is ascribable to factors such as the presence of large production capabilities in countries such as China and India that will boost the adoption of bioplastics between 2021 and 2028.

    COMPETITIVE LANDSCAPE

    Merger and Acquisition Strategy Adopted by Major Companies to Brighten Their Market Prospects

    The global market for bioplastics is experiencing dynamic competition from several companies focusing on establishing their strong presence. These companies are acquiring other small companies to expand their product portfolio and boost sales revenue. Moreover, other key players are striving to gain a major chink of the market share by adopting strategies such as collaboration, partnership, and the introduction of new products that will favor the growth of the market in the forthcoming years.

    Bioplastics Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2021-2026 The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years. Postponement of Green Investment by Government amid COVID-19 to Hamper Growth According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market. Click here to get the short-term and long-term impact of COVID-19 on this Market. Please visit: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940 Lastly, based on region, the market is categorized into Europe, North America, Asia-Pacific, and Rest of the World. What does the Report Include? The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period. DRIVING FACTORS Increasing Demand for Eco-Friendly Plastics to Aid Growth According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years. REGIONAL INSIGHTS Europe – The region is expected to remain dominant and hold the largest global bioplastics market share during the forecast period. The dominance is attributable to the increasing demand for bio-based plastics for packaging purposes in the region. Europe stood at USD 3,460.8 million in 2020. Asia-Pacific – The market in the region is expected to experience exponential growth in the forthcoming years. This is ascribable to factors such as the presence of large production capabilities in countries such as China and India that will boost the adoption of bioplastics between 2021 and 2028. COMPETITIVE LANDSCAPE Merger and Acquisition Strategy Adopted by Major Companies to Brighten Their Market Prospects The global market for bioplastics is experiencing dynamic competition from several companies focusing on establishing their strong presence. These companies are acquiring other small companies to expand their product portfolio and boost sales revenue. Moreover, other key players are striving to gain a major chink of the market share by adopting strategies such as collaboration, partnership, and the introduction of new products that will favor the growth of the market in the forthcoming years.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Bioplastics Market Size, Share & Growth | Global Report [2028]
    The global bioplastics market is projected to grow from $7,616.0 million in 2021 to $15,552.3 million in 2028 at a CAGR of 10.7% in forecast period 2021-2028
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  • Pharmaceutical Glass Packaging Market Revenue, Future Growth, Business Prospects and Forecast to 2027
    The global pharmaceutical glass packaging market is set to gain momentum from the increasing development of new types of glasses owing to the high demand from the pharmaceutical industry. This information is given by Fortune Business Insights™ in a new study, titled, “Pharmaceutical Glass Packaging Market Size, Share & Industry Analysis, By Product (Vials & Ampoules, Bottles, Cartridges, and Syringes), By Drug Type (Generic, Branded, and Biologic), and Regional Forecast, 2020-2027.” The study further mentions that the pharmaceutical glass packaging market size was USD 6.31 billion in 2019 and is projected to reach USD 10.76 billion by 2027, exhibiting a CAGR of 6.3% during the forecast period.


    Rising Awareness of Health to Favor Growth

    The pharmaceutical industry is expanding rapidly across the globe. The rising expenditure on public healthcare systems, increasing awareness of health, and astonishingly surging population are the prime factors for the pharmaceutical glass packaging market growth in the upcoming years. However, the industry is making more usage of plastic packaging nowadays backed by its impact resistance, cost effectiveness, easy molding, and flexibility properties. It may lower the demand for pharmaceutical glass packaging.

    Segment-

    Cartridges Segment to Grow Steadily Fueled by High Demand for Self-administered Injectables

    Based on the product, the cartridges segment generated 11.0% in terms of the pharmaceutical glass packaging market share in 2019. This growth is attributable to the increasing demand for multi-dosage and self-administered injectables. The bottles segment is expected to remain at the forefront stoked by the rising preference for such pharmaceutical glass packaging as they can contain ophthalmic products, syrups, capsules, and tablets.

    Regional Insights-

    Increasing Spending on Healthcare to Help North America Remain at the Forefront

    Geographically, North America procured USD 2.12 billion in 2019 in terms of revenue. The ongoing expansion of the pharmaceutical industry would propel the regional growth. Besides, the increasing prevalence of various diseases, as well as surging spending on healthcare is likely to propel growth.

    Europe, on the other hand, is projected to remain in the second position throughout the forthcoming years on account of the rising government guidelines for controlling the transmission of COVID-19. Italy, Germany, and the U.K. are considered to be the main contributors to this growth. In Latin America, governments are implementing new policies, such as favorable tariff protection. Coupled with this, the increasing geriatric population would accelerate the demand for pharmaceutical glass packaging.

    Information Source:

    https://www.fortunebusinessinsights.com/pharmaceutical-glass-packaging-market-104710
    Pharmaceutical Glass Packaging Market Revenue, Future Growth, Business Prospects and Forecast to 2027 The global pharmaceutical glass packaging market is set to gain momentum from the increasing development of new types of glasses owing to the high demand from the pharmaceutical industry. This information is given by Fortune Business Insights™ in a new study, titled, “Pharmaceutical Glass Packaging Market Size, Share & Industry Analysis, By Product (Vials & Ampoules, Bottles, Cartridges, and Syringes), By Drug Type (Generic, Branded, and Biologic), and Regional Forecast, 2020-2027.” The study further mentions that the pharmaceutical glass packaging market size was USD 6.31 billion in 2019 and is projected to reach USD 10.76 billion by 2027, exhibiting a CAGR of 6.3% during the forecast period. Rising Awareness of Health to Favor Growth The pharmaceutical industry is expanding rapidly across the globe. The rising expenditure on public healthcare systems, increasing awareness of health, and astonishingly surging population are the prime factors for the pharmaceutical glass packaging market growth in the upcoming years. However, the industry is making more usage of plastic packaging nowadays backed by its impact resistance, cost effectiveness, easy molding, and flexibility properties. It may lower the demand for pharmaceutical glass packaging. Segment- Cartridges Segment to Grow Steadily Fueled by High Demand for Self-administered Injectables Based on the product, the cartridges segment generated 11.0% in terms of the pharmaceutical glass packaging market share in 2019. This growth is attributable to the increasing demand for multi-dosage and self-administered injectables. The bottles segment is expected to remain at the forefront stoked by the rising preference for such pharmaceutical glass packaging as they can contain ophthalmic products, syrups, capsules, and tablets. Regional Insights- Increasing Spending on Healthcare to Help North America Remain at the Forefront Geographically, North America procured USD 2.12 billion in 2019 in terms of revenue. The ongoing expansion of the pharmaceutical industry would propel the regional growth. Besides, the increasing prevalence of various diseases, as well as surging spending on healthcare is likely to propel growth. Europe, on the other hand, is projected to remain in the second position throughout the forthcoming years on account of the rising government guidelines for controlling the transmission of COVID-19. Italy, Germany, and the U.K. are considered to be the main contributors to this growth. In Latin America, governments are implementing new policies, such as favorable tariff protection. Coupled with this, the increasing geriatric population would accelerate the demand for pharmaceutical glass packaging. Information Source: https://www.fortunebusinessinsights.com/pharmaceutical-glass-packaging-market-104710
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  • Nace DMK el software que permite salvaguardar y transmitir el legado digital
    La preocupación acerca de qué ocurre con la herencia o legado digital de una persona después de su muerte, o en caso de su incapacidad permanente, ha cobrado protagonismo en el último año. Para resolver este problema se crea DMK (Digital Master Key). El único software de gestión que permite, a través de aseguradoras, bancos y entidades financieras, resguardar de forma segura las claves que dan acceso al legado digital de sus clientes y otorgarlo de forma fácil e inmediata a sus herederos.

    En los últimos meses ha aumentado la incertidumbre acerca de qué ocurre con los datos electrónicos que el usuario deja en su disco duro, o en Internet. Y que cuando fallece, o queda incapacitado resulta casi imposible recuperar porque suele estar protegido por contraseña.

    La irrupción del Covid-19, en marzo de 2020, planteó en todo el mundo, una serie de desafíos impensables hasta ese momento, tanto en empresas e instituciones como en las personas que actúan como consumidores de bienes y servicios en la red. https://diarioeltiempo.co/ Los días de pandemia han supuesto un cambio en los hábitos de consumo, incrementando y consolidando las transacciones online. Se aceleró el consumo electrónico, aumentaron las contrataciones de servicios online y las compras a través de ecommerce subieron un 15% respecto a los días pre-pandemia (*datos procedentes del estudio 'El comprador influyente', realizado por The Economist para SAP en varios países, entre ellos España).

    Actualmente, las personas pasan una parte esencial de su vida en Internet. Donde dejan un importante patrimonio personal compuesto por documentación, archivos, claves, imágenes, vídeos e información personal.

    Este nuevo escenario está generando que las personas necesiten gestionar sus activos digitales y plantea la urgencia de poder transmitir a futuro su herencia digital en la red. El usuario ha comenzado a preguntarse qué ocurrirá, cuando ya no esté, con sus perfiles sociales, sus cuentas de correo electrónico, sus aplicaciones, sus medios de pago, los archivos y documentos que almacena en la nube y todos aquellos datos que quedan en el entorno online. En caso de fallecimiento, o incapacidad permanente, no solo le sobreviven sus familiares sino también sus datos, claves y contenidos en la red. Al ser el propietario la única persona que conocía las claves, a sus herederos les resulta muy difícil, comenzar a gestionar su patrimonio digital “post mortem”. Lo que hace recomendable, y cada vez más necesario, guardarlo y asegurarlo en vida.
    Nace DMK el software que permite salvaguardar y transmitir el legado digital La preocupación acerca de qué ocurre con la herencia o legado digital de una persona después de su muerte, o en caso de su incapacidad permanente, ha cobrado protagonismo en el último año. Para resolver este problema se crea DMK (Digital Master Key). El único software de gestión que permite, a través de aseguradoras, bancos y entidades financieras, resguardar de forma segura las claves que dan acceso al legado digital de sus clientes y otorgarlo de forma fácil e inmediata a sus herederos. En los últimos meses ha aumentado la incertidumbre acerca de qué ocurre con los datos electrónicos que el usuario deja en su disco duro, o en Internet. Y que cuando fallece, o queda incapacitado resulta casi imposible recuperar porque suele estar protegido por contraseña. La irrupción del Covid-19, en marzo de 2020, planteó en todo el mundo, una serie de desafíos impensables hasta ese momento, tanto en empresas e instituciones como en las personas que actúan como consumidores de bienes y servicios en la red. https://diarioeltiempo.co/ Los días de pandemia han supuesto un cambio en los hábitos de consumo, incrementando y consolidando las transacciones online. Se aceleró el consumo electrónico, aumentaron las contrataciones de servicios online y las compras a través de ecommerce subieron un 15% respecto a los días pre-pandemia (*datos procedentes del estudio 'El comprador influyente', realizado por The Economist para SAP en varios países, entre ellos España). Actualmente, las personas pasan una parte esencial de su vida en Internet. Donde dejan un importante patrimonio personal compuesto por documentación, archivos, claves, imágenes, vídeos e información personal. Este nuevo escenario está generando que las personas necesiten gestionar sus activos digitales y plantea la urgencia de poder transmitir a futuro su herencia digital en la red. El usuario ha comenzado a preguntarse qué ocurrirá, cuando ya no esté, con sus perfiles sociales, sus cuentas de correo electrónico, sus aplicaciones, sus medios de pago, los archivos y documentos que almacena en la nube y todos aquellos datos que quedan en el entorno online. En caso de fallecimiento, o incapacidad permanente, no solo le sobreviven sus familiares sino también sus datos, claves y contenidos en la red. Al ser el propietario la única persona que conocía las claves, a sus herederos les resulta muy difícil, comenzar a gestionar su patrimonio digital “post mortem”. Lo que hace recomendable, y cada vez más necesario, guardarlo y asegurarlo en vida.
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  • 6 Money Moves To Make During Coronavirus

    The pandemic has disrupted the entire global financial system, from the trading floor to the boardroom and beyond. For the most part, it has limited financial losses and disrupted financial flows, though it has also taken its toll on the global economy. COVID-19 has hit small business owners where it hurts the most: the cash flow, which has been severely reduced.

    https://uewploxr.com/6-money-moves-to-make-during-coronavirus/

    #Business #money #coronavirus #cashflow
    6 Money Moves To Make During Coronavirus The pandemic has disrupted the entire global financial system, from the trading floor to the boardroom and beyond. For the most part, it has limited financial losses and disrupted financial flows, though it has also taken its toll on the global economy. COVID-19 has hit small business owners where it hurts the most: the cash flow, which has been severely reduced. https://uewploxr.com/6-money-moves-to-make-during-coronavirus/ #Business #money #coronavirus #cashflow
    UEWPLOXR.COM
    6 Money Moves To Make During Coronavirus 
    The pandemic has disrupted the entire global financial system, from the trading floor to the boardroom and beyond. For the most part, it has limited financial
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  • Covid-19 Test Antigen Rapid Test

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    Buy Covid-19 all test kit, antigen detection kit, and Antigen Rapid Test and oral fluid online at O'life Natural. providing a huge range of products with first-class pre-sale and after-sale customer service. for more details. visit our site.

    #covid-19test#antigenrapidtest
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  • {"TicketMaster Phone Number I~888_7O7 8697,."
    Hi all; I had bought tickets to Dream Theater in Melbourne Australia which was originally scheduled for April. This was postponed until 4th November. I did receive an email saying I could cancel if I can't make it but I didn't see the line about having to do so before 30th April (which coincidentally was right at the bottom of the long email).



    I was hoping to change to the same show in a different city, but it seems this is through a different seller. As such, I need to cancel so I can buy new tickets.



    I lodged a request through their "TicketMaster Phone Number +1-888-707-8697" and the customer service team solved my issue; has this been removed during Covid-19?



    I have a client whose email was breached by someone who started using stolen credit cards to make purchases sent to them. We reset the account within about 30 minutes of the first incident but right now there are fraudulent purchases to TicketMaster that need to be canceled. The client doesn't have a TicketMaster account, although I suppose one has been created at this point by the scammer we could try to take back. When you call the TicketMaster Customer Service Phone Number +1-888-707-8697.
    https://www.facebook.com/TicketMasterCustomerService/

    {"TicketMaster Phone Number I~888_7O7 8697,." Hi all; I had bought tickets to Dream Theater in Melbourne Australia which was originally scheduled for April. This was postponed until 4th November. I did receive an email saying I could cancel if I can't make it but I didn't see the line about having to do so before 30th April (which coincidentally was right at the bottom of the long email). I was hoping to change to the same show in a different city, but it seems this is through a different seller. As such, I need to cancel so I can buy new tickets. I lodged a request through their "TicketMaster Phone Number +1-888-707-8697" and the customer service team solved my issue; has this been removed during Covid-19? I have a client whose email was breached by someone who started using stolen credit cards to make purchases sent to them. We reset the account within about 30 minutes of the first incident but right now there are fraudulent purchases to TicketMaster that need to be canceled. The client doesn't have a TicketMaster account, although I suppose one has been created at this point by the scammer we could try to take back. When you call the TicketMaster Customer Service Phone Number +1-888-707-8697. https://www.facebook.com/TicketMasterCustomerService/
    WWW.FACEBOOK.COM
    TicketMaster Customer Service Number 1 888 707 8697
    I have a client whose email was breached by someone who started using stolen credit cards to make... Austin, Austin, TX, US 46001
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  • Working remotely is becoming a regular necessity rather than just something that happens once a month. In fact, with the spread of the COVID-19 epidemic, it has become a common reality for a variety of people across the nation. Organizations have been allowed to migrate their services to a virtual environment regardless of their readiness.

    Numerous brands have shut down their physical locations and are adjusting to the new normal. But always keep in mind that businesses using the cloud are unlikely to experience problems, even after COVID-19. In other words, the COVID-19 epidemic hasn't been able to stop corporate activities.

    #Blog #techblog #erp #netsuite #Business
    https://www.vnmtsolutions.com/how-cloud-erp-emerged-as-a-new-way-to-work-in-covid-19-pandemic/
    Working remotely is becoming a regular necessity rather than just something that happens once a month. In fact, with the spread of the COVID-19 epidemic, it has become a common reality for a variety of people across the nation. Organizations have been allowed to migrate their services to a virtual environment regardless of their readiness. Numerous brands have shut down their physical locations and are adjusting to the new normal. But always keep in mind that businesses using the cloud are unlikely to experience problems, even after COVID-19. In other words, the COVID-19 epidemic hasn't been able to stop corporate activities. #Blog #techblog #erp #netsuite #Business https://www.vnmtsolutions.com/how-cloud-erp-emerged-as-a-new-way-to-work-in-covid-19-pandemic/
    WWW.VNMTSOLUTIONS.COM
    How Cloud ERP Emerged As A New Way To Work In Covid-19 Pandemic - VNMT
    Find Out How Cloud ERP technology has become an effective solution & ensuring business continuity in the ERA of Covid-19 Pandemic for many organizations.
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  • Best Job Opportunities for Foreigners in Canada 2022

    Canada Jobs for Foreigners: Countries globally are working on their economic recovery after the covid-19 pandemic. Know the best job opportunities in Canada 2022.

    Read More: https://croyezimmigration.com/blog/best-job-opportunities-for-foreigners-in-canada-2022/
    Best Job Opportunities for Foreigners in Canada 2022 Canada Jobs for Foreigners: Countries globally are working on their economic recovery after the covid-19 pandemic. Know the best job opportunities in Canada 2022. Read More: https://croyezimmigration.com/blog/best-job-opportunities-for-foreigners-in-canada-2022/
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  • The global medical plastics market size is projected to reach USD 54.29 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. The meteoric rise in the demand for personal protective equipment (PPE) across countries will inevitably fuel the uptake of these plastics, finds Fortune Business Insights™ in its report, titled “Medical Plastics Market Size, Share & COVID-19 Impact Analysis, By Application (Medical Disposables, Medical Instruments, Prosthetics & Implants, Drugs Packaging, and Others), and Regional Forecast, 2020-2027”. PPE is made from plastics and other polymers and the on-going COVID-19 pandemic has escalated the demand for such equipment among frontline health workers worldwide.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/medical-plastics-market-102136

    In Texas, for instance, the request for PPE from healthcare facilities surged from less than 2,000 in the third week of June to more than 22,000 in the last week of the same month. In India, the Apparel Export Promotion Council (AEPC) estimates that the domestic demand for PPE will be worth INR 10,000crore in the upcoming year and worldwide, the business will stand at an estimated value of USD 60 billion. Thus, the outbreak of the COVID-19 pandemic is expected to prove beneficial for this market in the immediate future.

    The report states that the global market value stood at USD 29.93 billion in 2019 and answers the following questions:

    What are the primary growth drivers for this market?
    What challenges does the market face?
    Which are the top market trends and upcoming opportunities?
    Who are the major players and what are their key strategies?
    Which are the most promising regions for the market?
    List of the Leading Companies Profiled in the Medical Plastics Market Research Report are:

    Eastman Chemical Company (United States)
    GW Plastics (United States)
    Solvay (Belgium)
    Evonik (Germany)
    Celanese Corporation (United States)
    Nolato AB (Sweden)
    Röchling (Germany)
    Covestro AG (Germany)
    BASF SE (Germany)
    SABIC (Saudi Arabia)

    Market Driver

    Deferment of EU MDR to Support Medical Plastics Market Growth

    The European Medical Device Regulation (EU MDR) is an updated batch of regulations framed to monitor and govern the production and distribution of medical devices sold in Europe. The new regulations are focused on adopting a life-cycle approach to medical devices owing to the rapidly aging population in the continent. The regulations are based on the rationale that the probability of malfunctions and accidents associated with medical devices used to treat aging people is higher than normal. The EU MDR was expected to create a major turmoil in the medical plastics industry in Europe. However, with the coronavirus raging across the globe, the European Parliament has decided to postpone the enactment and implement of this regulation to May 2021 so that companies can focus on prioritizing the production of medical devices to battle the pandemic. This decision, therefore, augurs well for this market.

    Regional Insights

    Changing Dynamics of Health Industry in Asia Pacific to Fuel Market Growth

    Asia Pacific is expected to lead the medical plastics market share in the coming years owing to evolving dynamics and preferences in the healthcare industry in the region. For example, there is growing awareness about sanitation and hygiene in healthcare facilities in India and China, which is spiking the adoption of advanced medical plastics in the region.

    In North America, where the market size was at USD 5.36 billion in 2019, the market is anticipated to be characterized by high healthcare spending and excellent R&D infrastructure for medical research. The market in Europe is also expected to register considerable growth owing to favorable government policies promoting the adoption of these plastics, especially during the current coronavirus pandemic.

    Competitive Landscape

    Prioritization of Response to COVID-19 to be Central Focus for Key Players

    As the coronavirus continues to wreak havoc around the world, key players in the market for medical plastics are focused on prioritizing their response of this unprecedented health crisis. Many companies have boosted their production to produce essential equipment for frontline health workers, while some others are ramping up their R&D spending to launch innovative solutions for the health industry.

    Industry Developments:

    April 2020: US-based Celanese Corporation is supporting healthcare workers by enhancing its production of specialty materials for applications such as PPE, ventilators, and other medical devices.
    February 2020: Pirouette Medical designed and developed a novel auto-injector, featuring improved portability and affordability, along with lower costs, for the delivery of epinephrine and other medications in patients. The unique device has been injection-molded with Covestro’s Makrolon® 2458 polycarbonate.






    The global medical plastics market size is projected to reach USD 54.29 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. The meteoric rise in the demand for personal protective equipment (PPE) across countries will inevitably fuel the uptake of these plastics, finds Fortune Business Insights™ in its report, titled “Medical Plastics Market Size, Share & COVID-19 Impact Analysis, By Application (Medical Disposables, Medical Instruments, Prosthetics & Implants, Drugs Packaging, and Others), and Regional Forecast, 2020-2027”. PPE is made from plastics and other polymers and the on-going COVID-19 pandemic has escalated the demand for such equipment among frontline health workers worldwide. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/medical-plastics-market-102136 In Texas, for instance, the request for PPE from healthcare facilities surged from less than 2,000 in the third week of June to more than 22,000 in the last week of the same month. In India, the Apparel Export Promotion Council (AEPC) estimates that the domestic demand for PPE will be worth INR 10,000crore in the upcoming year and worldwide, the business will stand at an estimated value of USD 60 billion. Thus, the outbreak of the COVID-19 pandemic is expected to prove beneficial for this market in the immediate future. The report states that the global market value stood at USD 29.93 billion in 2019 and answers the following questions: What are the primary growth drivers for this market? What challenges does the market face? Which are the top market trends and upcoming opportunities? Who are the major players and what are their key strategies? Which are the most promising regions for the market? List of the Leading Companies Profiled in the Medical Plastics Market Research Report are: Eastman Chemical Company (United States) GW Plastics (United States) Solvay (Belgium) Evonik (Germany) Celanese Corporation (United States) Nolato AB (Sweden) Röchling (Germany) Covestro AG (Germany) BASF SE (Germany) SABIC (Saudi Arabia) Market Driver Deferment of EU MDR to Support Medical Plastics Market Growth The European Medical Device Regulation (EU MDR) is an updated batch of regulations framed to monitor and govern the production and distribution of medical devices sold in Europe. The new regulations are focused on adopting a life-cycle approach to medical devices owing to the rapidly aging population in the continent. The regulations are based on the rationale that the probability of malfunctions and accidents associated with medical devices used to treat aging people is higher than normal. The EU MDR was expected to create a major turmoil in the medical plastics industry in Europe. However, with the coronavirus raging across the globe, the European Parliament has decided to postpone the enactment and implement of this regulation to May 2021 so that companies can focus on prioritizing the production of medical devices to battle the pandemic. This decision, therefore, augurs well for this market. Regional Insights Changing Dynamics of Health Industry in Asia Pacific to Fuel Market Growth Asia Pacific is expected to lead the medical plastics market share in the coming years owing to evolving dynamics and preferences in the healthcare industry in the region. For example, there is growing awareness about sanitation and hygiene in healthcare facilities in India and China, which is spiking the adoption of advanced medical plastics in the region. In North America, where the market size was at USD 5.36 billion in 2019, the market is anticipated to be characterized by high healthcare spending and excellent R&D infrastructure for medical research. The market in Europe is also expected to register considerable growth owing to favorable government policies promoting the adoption of these plastics, especially during the current coronavirus pandemic. Competitive Landscape Prioritization of Response to COVID-19 to be Central Focus for Key Players As the coronavirus continues to wreak havoc around the world, key players in the market for medical plastics are focused on prioritizing their response of this unprecedented health crisis. Many companies have boosted their production to produce essential equipment for frontline health workers, while some others are ramping up their R&D spending to launch innovative solutions for the health industry. Industry Developments: April 2020: US-based Celanese Corporation is supporting healthcare workers by enhancing its production of specialty materials for applications such as PPE, ventilators, and other medical devices. February 2020: Pirouette Medical designed and developed a novel auto-injector, featuring improved portability and affordability, along with lower costs, for the delivery of epinephrine and other medications in patients. The unique device has been injection-molded with Covestro’s Makrolon® 2458 polycarbonate.
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    Medical Plastics Market Size, Growth | Report [2020-2027]
    The global medical plastics market size was valued at $29.93 Bn in 2019 & is projected to reach $54.29 Bn by 2027, with a CAGR of 7.1% during the forecast period
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