#The Indian refrigerator market share

[mordormr]

Indian Refrigerator Market: Trends and Future Outlook

The Indian refrigerator market is poised for significant growth, driven by urbanization, rising disposable incomes, and changing consumer lifestyles. Expected to reach USD 8.14 billion by 2029, with a CAGR of 9.63% from USD 5.14 billion in 2024, this growth reflects evolving consumer preferences and technological advancements. This article explores key trends, market drivers, segmentation, recent developments, and the competitive landscape shaping the refrigerator industry in India. 

Key Market Drivers 

Urbanization: Rapid urbanization is leading to increased investments in modern kitchen appliances. By 2025, urban areas are expected to account for 40% of the country’s population, driving demand for essential household appliances like refrigerators. 

Rising Disposable Income: With the Indian economy projected to grow at 6.5% annually, rising disposable incomes are leading to higher spending on durable goods, particularly energy-efficient and high-capacity refrigerators. 

Health and Food Safety Awareness: Growing health consciousness is prompting consumers to invest in refrigeration solutions that preserve food quality and safety, leading to increased demand for advanced cooling technologies. 

Recent Developments 

Sustainability Initiatives: Leading brands like LG and Whirlpool are adopting sustainable practices in manufacturing and product design, focusing on recyclable materials and energy-efficient technologies. 

Smart Refrigerators Launches: Major players are introducing smart refrigerators equipped with IoT technology, allowing users to monitor and manage food inventory via smartphone apps. 

Government Policies: The Indian government is encouraging the adoption of energy-efficient appliances through initiatives like the BEE Star Rating Program, which promotes energy conservation. 

Market Analysis 

The Indian refrigerator market is competitive, with key players like LG, Samsung, and Whirlpool vying for market share. Local brands are also gaining prominence by focusing on affordability and innovative features. Price wars and promotional offers are common, particularly during festive seasons. 

Consumer Trends 

Demand for Energy Efficiency: 80% of buyers consider energy ratings before purchasing, indicating a strong preference for energy-efficient models. 

Focus on Design: Manufacturers are investing in sleek designs and customizable options to cater to modern kitchen aesthetics. 

Health-Conscious Choices: Refrigerators with advanced cooling technology are increasingly sought after, prioritizing food preservation and safety. 

Regional Insights 

The Southern region leads in refrigerator sales, driven by higher disposable incomes and a preference for modern appliances. The Northern region is witnessing growth due to increasing urbanization and changing consumer lifestyles. 

Challenges and Opportunities 

According to Mordor Intelligence, despite the market's expansion, challenges such as supply chain disruptions and rising raw material costs persist. However, opportunities lie in the premium segment, with growing demand for smart refrigerators, prompting manufacturers to explore partnerships with tech companies. 

Conclusion 

The refrigerator market in India is on a growth trajectory, influenced by urbanization, rising incomes, and evolving consumer preferences. Companies must focus on innovation, energy efficiency, and effective marketing strategies to capture market share in this competitive landscape. 

[singhgroup]

https://www.tumblr.com/omgbeautifulboobs3/762212868353589248?source=share

Answer

Singh group has emerged as a notable player in the Indian e-commerce landscape, particularly in the electronics sector. This article explores the company's offerings, market position, and the broader context of e-commerce in India.

Singh Group Overview

Founded with the vision of bridging the gap between consumers and quality electronics, Singh Group has positioned itself as a reliable source for a wide range of electronic products. The company focuses on providing high-quality goods at competitive prices, catering to both individual consumers and businesses.

Product Range

Singh Group specializes in various electronic products, including:

Consumer Electronics: This includes smartphones, laptops, tablets,earphones, light and accessories.

Home Appliances: The range covers essential appliances like refrigerators, washing machines, and microwaves.

Gadgets: Singh Group also offers a selection of smart gadgets and wearables that are increasingly popular among tech-savvy consumers.

Market Position

In a rapidly evolving e-commerce environment, Singh Group competes with established giants like Flipkart and Amazon. However, it differentiates itself through:

Quality Assurance: Singh Group emphasizes sourcing products from reputable manufacturers and ensuring that all items meet stringent quality standards.

Customer Service: The company prioritizes customer satisfaction by offering robust support services, including easy returns and responsive customer care.

[industryinsightsandanalysis]

Cyclopentane Market Size, Share, Trends & Forecast

According to a new report by Univdatos Market Insights, the Global Cyclopentane Market is expected to reach USD 695.35 million in 2032, growing at a CAGR of 6.91%. The market is experiencing significant growth driven by increasing insulation, refrigeration, and electrical demand, coupled with stringent environmental regulations promoting eco-friendly blowing agents.

Market Dynamics

The cyclopentane market continues to grow due to several factors. Firstly, the global push for energy efficiency, particularly in household appliances, has led to increased demand for cyclopentane as a blowing agent in polyurethane foam insulation. For instance, in May 2024, Whirlpool Corporation reported a 12% increase in sales of its energy-efficient refrigerator line using cyclopentane-based insulation.

Moreover, the phase-out of hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs) under the Montreal Protocol and subsequent amendments has accelerated the adoption of cyclopentane as an environmentally friendly alternative. In February 2024, the European Union implemented stricter regulations on fluorinated greenhouse gases, further boosting cyclopentane demand in the region.

The construction industry's recovery post-COVID-19 pandemic has also contributed to increased cyclopentane usage in insulation materials. For instance, in 2024, according to the report published by the United States Census Bureau, the construction spending during May 2024 was estimated at a seasonally adjusted annual rate of USD 2,139.8 billion, 0.1 percent (±1.0 percent) below the revised April estimate of USD 2,142.1 billion. The May figure is 6.4 percent (±1.6 percent) above the May 2023 estimate of USD 2,011.8 billion. During the first five months of this year, construction spending amounted to USD 836.3 billion, 8.8 percent (±1.2 percent) above the USD 768.6 billion for the same period in 2023.

Additionally, technological advancements in cyclopentane production have improved efficiency and reduced costs. In August 2023, BASF SE announced a new catalytic process for cyclopentane production, which reduced energy consumption by 30% and decreased carbon emissions by 25% compared to conventional methods.

Sector Specific Growth  

Refrigeration and Air Conditioning: The refrigeration and air conditioning sector remains the largest consumer of cyclopentane, driven by stringent energy efficiency standards and the shift towards eco-friendly refrigerants. For instance, in June 2024, according to Daikin, the company is focused on increasing its localization level, leveraging the PLI scheme for the air conditioning sector. The company plans to enhance local manufacturing of PCB circuits to achieve this goal. The company expects to manufacture 2 million units in India this fiscal year and has plans to scout for more export opportunities by making India a manufacturing hub. The company has sold seven lakh residential air conditioners (RAC) units in the first three months of the year, helped by a blistering summer this season, and expects over 50 percent growth. Therefore, this will increase the demand for cyclopentane-based insulation materials in the coming years.

Construction and Insulation: The construction and insulation segment has been a significant driver of cyclopentane demand, particularly in developing economies. The growing emphasis on green building practices has further boosted cyclopentane adoption. In January 2024, the Indian Green Building Council reported a 20% increase in green building certifications, with many projects utilizing cyclopentane-based insulation materials.

Electrical and Electronics: The electrical and electronics industry is emerging as a promising growth area for cyclopentane, particularly in producing circuit breakers and switchgear. In February 2024, Huntsman Building Solutions (HBS), the global leader in high-performance, energy-efficient, and resilient building envelope solutions, announced the launch of its all-new Icynene Series spray polyurethane foam insulation product line. The collection of spray foam systems offers the highest performance available in the industry today and includes key product certifications.

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Sustainability Drives Innovation in Cyclopentane Production and Application

The market is witnessing rapid technological developments and significant efforts from industry leaders in researching sustainable production methods. In October 2023, a consortium of European chemical companies unveiled a breakthrough in bio-based cyclopentane production, utilizing renewable feedstocks derived from agricultural waste. This innovation is expected to reduce the carbon footprint of cyclopentane production by up to 70% compared to conventional methods. The trend towards circular economic practices is also influencing the cyclopentane market. In September 2023, a major European appliance manufacturer launched a pilot program for recovering and purifying cyclopentane from end-of-life refrigerators, aiming to reduce virgin material consumption and minimize waste.

Conclusion:

With increasing environmental concerns, stringent regulations, and the growing demand for energy-efficient products, the cyclopentane market is poised for substantial growth in the coming years. The industry's focus on sustainable production methods, innovative applications, and circular economy practices is expected to drive further expansion and geographic diversification of the market.

As the global economy continues to prioritize sustainability and energy efficiency, cyclopentane is likely to remain a critical component in various industries, particularly in insulation, refrigeration, and electrical applications. The future of the industry will largely depend on its ability to adapt to evolving regulatory landscapes, consumer preferences, and technological advancements in green chemistry and manufacturing processes.

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[voiceofentrepreneurlife]

Samsung India plant strike

Shares of Samsung Electronics dropped by as much as 3% on Friday as the strike by workers at its southern Indian plant continued, disrupting production at the consumer electronics unit for the fifth consecutive day.

Discussions between the workers’ union representatives, Samsung’s management, and state labor officials failed to reach a resolution on Thursday regarding issues such as pay and working conditions.

Since Monday, hundreds of workers have been on strike, demanding that Samsung acknowledge their union, raise wages, and cut working hours. This strike is noted as one of the largest in recent years in India, according to Reuters.

The Chennai-based plant in southern India manufactures electronic appliances including televisions, refrigerators, and washing machines. It is one of Samsung’s two factories in India and can account for up to 30% of the company’s $12 billion annual revenue in the country, as reported by Reuters.

Samsung Electronics is a key player in India’s smartphone and electronic appliances market, with the major appliances sector in India expected to generate $38.2 billion in revenue in 2024, according to Statista.

The workers will maintain their strike until their demands for improved wages and working conditions are addressed, union leader E.Muthukumar told Reuters. “Samsung management has requested that we end the strike, but they have declined to recognize the union or participate in discussions, so the strike will continue.”Read More-https://voiceofleaders.com/

[fusion-compliance-services]

BEE Compliance Certification: Ensuring Energy Efficiency and Market Credibility

BEE Compliance Certification is a crucial aspect of promoting energy efficiency in India. The Bureau of Energy Efficiency (BEE), under the Ministry of Power, mandates this certification for specific products to ensure they meet prescribed energy performance standards. At Fusion Compliance Services, we provide comprehensive support to businesses seeking BEE compliance, helping them achieve certification efficiently while enhancing their market credibility.

Understanding BEE Compliance Certification BEE compliance certification is part of India’s broader strategy to promote energy conservation and reduce the nation’s carbon footprint. The BEE issues the star rating label, which indicates the energy efficiency of products like refrigerators, air conditioners, televisions, and other household appliances. These ratings range from 1 to 5 stars, with a higher number of stars indicating greater energy efficiency.

Products that receive BEE certification are allowed to display the star rating label, which not only helps consumers make informed decisions but also encourages manufacturers to design and produce energy-efficient products.

Importance of BEE Compliance Certification Market Access and Competitiveness: BEE certification is mandatory for certain products sold in India. Without it, businesses cannot legally sell their products in the Indian market. Additionally, consumers increasingly prefer energy-efficient products, making BEE certification a key factor in staying competitive.

Environmental Responsibility: BEE compliance supports global efforts to reduce energy consumption and minimize environmental impact. By producing and selling energy-efficient products, businesses contribute to sustainable development and reduce their carbon footprint.

Cost Savings for Consumers: Energy-efficient products lead to significant savings on energy bills for consumers. As a result, BEE-certified products are often more attractive to buyers, potentially leading to increased sales and market share.

Regulatory Compliance: BEE certification is mandatory for many items; it is not an option. Non-compliance can lead to penalties, fines, and the loss of market access, which can be detrimental to a business’s reputation and financial health.

How Fusion Compliance Services Can Help At Fusion Compliance Services, we understand the complexities of achieving BEE compliance certification. Our services are designed to guide businesses through every step of the process, ensuring a smooth and successful certification journey:

Expert Consultation: Our team of energy efficiency experts provides detailed insights into the BEE certification requirements for your specific product. We help you understand the energy performance standards and the steps necessary to meet them.

Documentation and Application Support: BEE compliance requires extensive documentation, including technical specifications and energy performance data We guarantee accuracy and thoroughness while helping to prepare and submit the necessary paperwork.

Product Testing Coordination: To obtain BEE certification, products must undergo rigorous testing at BEE-approved laboratories. We coordinate with these labs to ensure your product meets the required energy efficiency standards.

Labeling and Certification: Once your product passes the necessary tests, we assist in obtaining the BEE certification and the star rating label. This label can then be prominently displayed on your product, signifying its energy efficiency.

Ongoing Compliance Monitoring: Energy efficiency standards may evolve, requiring businesses to update their products or renew their certifications. We provide ongoing monitoring and support to ensure continued compliance with BEE standards.

Conclusion BEE compliance certification is essential for businesses that manufacture or sell energy-intensive products in India. It not only ensures legal compliance but also positions your products as environmentally responsible and cost-effective for consumers. With Fusion Compliance Services, you can navigate the complexities of BEE certification with confidence, securing your place in the market and contributing to a more sustainable future. Our expert team is dedicated to helping you achieve and maintain BEE compliance, ensuring your products meet the highest standards of energy efficiency.

Fusion Compliance Services

info@fusioncomplianceservices.com

[johnthejacobs]

Furlenco Share Price riding the wave of success

Introduction

In the dynamic world of finance, certain companies capture the imagination of investors and pundits alike with their meteoric rise. Furlenco, a trailblazer in the furniture rental space, has recently seen Furlenco Share Price soar, signaling a remarkable journey of success. Let's delve into the factors propelling Furlenco Share Price to new heights. Furlenco, an esteemed Indian enterprise specializing in furniture rentals, presents a comprehensive array of furniture, appliances, and household essentials on a subscription-based model. This innovative approach grants customers the flexibility to lease furniture for tailored durations, spanning from short-term arrangements to more extended commitments, all devoid of the burdens associated with ownership. This unique model has garnered significant traction, particularly among urban denizens, students, and young professionals, who prioritize mobility and financial prudence over the burdensome investment of purchasing furniture outright.

Distinguished by its diverse product catalog, Furlenco offers an extensive selection encompassing sofas, beds, dining tables, wardrobes, and an array of appliances such as refrigerators and washing machines. This breadth of offerings ensures that customers can curate their living spaces to suit their preferences and needs, all while enjoying the convenience and cost-effectiveness of a rental arrangement.

At its core, Furlenco is committed to democratizing access to quality furniture by providing convenient and affordable solutions to its discerning clientele. By eliminating the upfront costs and long-term commitments associated with traditional furniture purchases, the company empowers individuals and families to furnish their homes with ease, regardless of their financial circumstances or lifestyle choices.

Established in 2020, Furlenco has since solidified its presence as an industry leader, with its headquarters situated in the vibrant tech hub of Bangalore. From its inception, the company has remained steadfast in its mission to revolutionize the furniture rental landscape, driven by a relentless pursuit of customer satisfaction and innovation. With an unwavering dedication to excellence and a commitment to serving the evolving needs of its clientele, Furlenco continues to redefine the boundaries of convenience and affordability in the realm of home furnishings.

Innovative Business Model

Furlenco's success story is rooted in its innovative business model. By offering hassle-free furniture rental solutions, Furlenco has tapped into a burgeoning market of urban dwellers seeking convenience and flexibility. The company's ability to adapt to changing consumer preferences has been a key driver behind its stellar performance.

Expanding Market Presence

Furlenco's strategic expansion efforts have played a pivotal role in driving its share price upward. With a presence in major metropolitan cities across India, the company has leveraged its first-mover advantage to capture a significant market share. Moreover, Furlenco's foray into international markets has bolstered investor confidence, fueling further growth.

Embracing Technology

Embracing technology has been instrumental in Furlenco's success trajectory. The company's user-friendly online platform enables customers to browse, select, and rent furniture with ease. Additionally, Furlenco's data-driven approach allows it to optimize inventory management and enhance customer satisfaction, paving the way for sustained growth.

Strong Financial Performance

Furlenco's robust financial performance has been a driving force behind its rising share price. With a steady increase in revenue and a healthy bottom line, the company has instilled confidence among investors. Furthermore, Furlenco's prudent financial management practices have positioned it well to navigate challenges and capitalize on opportunities in the market.

Strategic Partnerships

Strategic partnerships have been instrumental in amplifying Furlenco's reach and impact. Collaborations with real estate developers, online marketplaces, and other industry players have facilitated access to new customer segments and avenues for growth. These synergistic alliances have not only propelled Furlenco's share price but also fortified its market position.

Future Outlook

As Furlenco continues to chart its path of success, the future looks promising. With a focus on innovation, expansion, and customer-centricity, the company is well-positioned to capitalize on the evolving needs of modern consumers. As such, investors remain optimistic about Furlenco's growth prospects, underscoring the sustained upward trajectory of its share price.

Conclusion

Furlenco's remarkable journey from a startup to a market leader is a testament to its ingenuity, resilience, and unwavering commitment to excellence. With its share price riding the wave of success, Furlenco stands as a shining example of innovation and entrepreneurship in the dynamic landscape of Indian business. As the company continues to redefine the furniture rental industry, the future holds boundless opportunities for Furlenco and its stakeholders alike.

[marketinsight1234]

Propane Market Outlook for Forecast Period (2023 to 2030)

Propane Market size is projected to reach USD 175.85 billion in 2028 from an estimated USD 151 billion in 2021, growing at a CAGR of 2.2% globally.

Propane is derived as a by-product of natural gas processing and crude oil refining. It is a three-carbon alkane classified as one of the liquefied petroleum gases with the molecular formula C3H8. There are two ways in which propane is processed – refining and natural gas production. Propane, alongside butane, is acquired from liquid components by natural gas processing to avoid condensation in natural gas pipelines. The propane is thicker than gas, so the blended propane is stored and transported in a liquid state. The next step is to mix odorant and propane since it is naturally colorless and odorless. The propane is classified into 3 grades – HD5, HD10, and commercial propane and each grade come from the same raw material. It has a lesser melting point, very high hydrogen content, and combustion is much cleaner than that of coal. It is are majorly used in agriculture, commercial, and residential industries.

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The latest research on the Propane market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Propane industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Propane market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Propane Market include:

DCC Plc, SINOPEC, Saudi Arabian Oil Co., Suburban, Ferrellgas, Gazprom, AmeriGas Propane Inc., Air Liquide, GAIL (India) Limited, Indian Oil Corporation Ltd., Lykins Energy Solutions, Marsh L.P. Gas Co. Inc and other major key players. 

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Segmentation of Propane Market:

By Type

Liquid

Gas

By Grade

HD5 Propane

HD10 Propane

By Application

Motor Fuel

Industrial & Domestic Fuel

Refrigeration

Solvent

Others

By End User

Transportation

Residential

Agriculture

Commercial

Industrial

Chemicals & Refineries

Others

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Reasons for Acquiring this Report:

1. Strategic Decision-Making for Government Leaders and Politicians:

Gain insights into the global Propane Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.

2. Informed Decision-Making for Professionals and Product Developers:

Access a detailed breakdown of the Propane Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.

3. Strategic Planning for Sales Managers and Market Stakeholders:

Utilize market breakdowns to target specific segments, optimizing sales strategies. Address challenges and capitalize on expansion opportunities highlighted in the report. Mitigate threats effectively with a comprehensive understanding of market risks.

4. Comprehensive Understanding for Executives:

Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.

5. Competitive Intelligence:

Obtain a detailed analysis of competitors and their key tactics in the Propane Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.

6. Accurate Business Forecasting:

Evaluate the accuracy of global Propane Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.

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[sufferfly1]

Refrigeration oil Market : A Study of the Key Applications and Technologies

“According to the research report published by Polaris Market Research, the global refrigeration oil market was valued at USD 1.14 billion in 2021 and is expected to reach USD 1.66 billion by 2030, to grow at a CAGR of 4.2% during the forecast period.” Polaris Market Research has unveiled an updated report on Refrigeration Oil Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2030, that provides a thorough analysis of the market status with the best facts and figures, definitions, applications, and the latest developments across the globe. The report assesses the industry structure based on Refrigeration Oil Market size, segments, source, distribution channel, and major regions. It scrutinizes the latest trends in the industry and studies their impact on the overall market environment. The market has evolved swiftly in recent years and has made a remarkable contribution to global finances in terms of growth rate, Refrigeration Oil Market share, and revenue generation.

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Key Market Dynamics This analytical study report provides information on significant aspects of the market, such as dynamics, key demand and price, technology trends, and detailed profiles of key players, industry revenue, and regional segments analyzing the Refrigeration Oil Market based on SWOT and Porter's Five Forces models. Details of segment markets by type, application, and region have been covered in this report, with historical data presented in metrics of sales volume, revenue, and growth rate.

Key Offerings:

Industry Dynamics

Refrigeration Oil Market Segmentation

Market Size in terms of Value and Volume: Current, Historical, and Projected Data

Industrial Trends and Developments

Competitive Landscape

Opportunities in the market

Strategies and Products offerings of Major Players

Strategic Recommendations for the new entrants

Production and Consumption Analysis by Regions

Growth Prospects with Revenue Estimations

Main Findings and Insights

The next section gives a detailed description of the key drivers, restraints, growth opportunities, challenges, and risks in the market. Further, the development status and future [KEYWORD] trends are tracked in the report. The supply chain and cost analysis in the report are both explained in-depth. Through technological innovation and advancement, the product's performance will be further optimized, expanding its use in downstream applications. Additionally, readers will find market dynamics and consumer behavior studies as essential data for understanding the market. Top Key Players:

BASF SE

Calumet Specialty Products Partners

LP

CAMCO Lubricants

Chevron Corporation

China Petrochemical Corporation

CITGO

Cosmo Oil Lubricants Co

Ltd

Eneos Holdings Inc

Eni

ExxonMobil Corporation

FUCHS Petrolub SE

Idemitsu Kosan Co Ltd

Indian Oil Corporation Ltd

ISELGLOBAL

Johnson Controls

Klüber

Lubriplate Lubricants Company

MAHLE GmbH

National Refrigerants

Inc

Petro-Canada Lubricants Inc

Petroleum Nasional Berhad

Royal Dutch Shell Plc

Total Energies SE

Refrigeration Oil Market key players are presented along with their expansion plans, share, strategies, and business overview. In addition to this, their company profiles, sales figures, profit margins, and product and service portfolios are evaluated in the report. The chapter sheds light on the business expansion strategies employed by these players, such as mergers and acquisitions, product launches, collaborations, M&A, contracts, partnerships, and joint ventures. 

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How Will This Report Help you?

The report delivers extensive analysis in the form of figures, tables, charts, and graphs combined with an in-depth study of current and future Refrigeration Oil Market prospects. It further allows readers to comprehend the competitive regional pattern by comparing the sales volume and revenue of the world's key regions. Import volume and export volume are evaluated on a regional level. Key statistical insights are presented in a straightforward manner that will users grasp the market's development patterns, crucial factors, and other loopholes which are expected to affect the market expansion.

Key Regions Covered By Report:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the rest of South America)

The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

The entire market industrial chain is examined in the research, from the important upstream raw materials and their suppliers to the midstream distributors and downstream customers, while taking the effects of global inflation into account. Finally, it predicts the market's future trends from the perspectives of various types, uses, and significant geographical areas. This study is a trustworthy source for market research that will greatly accelerate the growth of your business and increase its presence in the Refrigeration Oil Market. Browse Additional Details on "Refrigeration Oil Market" @ https://www.polarismarketresearch.com/industry-analysis/refrigeration-oil-market

Reasons to Purchase This Report

This research includes a thorough worldwide and regional analysis of the market.

It gives thorough coverage of every sector of the market in order to assess prospective trends, growth plans, and industry size projections.

The firm profiles of each industry player examine the industry portfolio, sales income, SWOT analysis, and current advancements.

Comprehension of the market's drivers, restrictions, and key small markets.

Analysis of collaboration and authorizing transaction trends can be used to identify commercial prospects in the market sales scenario.

The research analyzes how specific industry structures, ideas, or technological advancements may help with player promotion.

About Us

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

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[leeb57555]

India Stabilizers Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies

In 2021, the Indian stabilizers market generated $676.2 million, and it is projected to contribute $1,359.8 million in 2030, progressing at an 8.1% rate from 2021 to 2030, ascribed to rising government focus on smart city development projects and major investments under Invest India initiatives and make in India. Moreover, the increase in the electrical appliances sales such as refrigerators, televisions, and ACs boost the stabilizers industry.

Servo-controlled stabilizers are projected to experience the highest sales in the coming years, accounting for 8%, ascribed to the increasing consumer awareness of appliance rating structures, and the benefits of products with a higher rating. Along with this, the higher reliability, improved correction speed, and durability boost the demand od servo-controlled stabilizer in the industry.

Get More Insights: India Stabilizers Market Revenue Estimation and Growth Forecast Report

Moreover, the mainline stabilizers capture significant revenue in the stabilizers industry in India, and it is projected to retain its position in the near future, due to mainline stabilizers mitigating the requirement of different stabilizers for different applications, and hence reducing the purchase and maintenance costs as the power supply is stabilized at the initial point by mainline stabilizers.

Uttar Pradesh is projected to showcase the fastest growth in the stabilizer industry of the country, progressing at a rate of 9% in the coming years, ascribed to a rise in the state’s electricity connections, specifically in rural areas where power supply keeps fluctuating.

In addition, Tamil Nadu captures the extensive revenue share generated by the sales of stabilizers in the country, ascribed to increased penetration of local manufacturers, rising incidence of electricity fluctuations, wide population, and large numbers of residential and commercial spaces.

[mordormr]

Indian Refrigerator Market: Trends and Future Outlook 

The Indian refrigerator market is poised for significant growth, driven by urbanization, rising disposable incomes, and changing consumer lifestyles. Expected to reach USD 8.14 billion by 2029, with a CAGR of 9.63% from USD 5.14 billion in 2022, this growth reflects evolving consumer preferences and technological advancements. This article explores key trends, market drivers, segmentation, recent developments, and the competitive landscape shaping the refrigerator industry in India. 

Key Market Drivers 

Urbanization: Rapid urbanization is leading to increased investments in modern kitchen appliances. By 2025, urban areas are expected to account for 40% of the country’s population, driving demand for essential household appliances like refrigerators. 

Rising Disposable Income: With the Indian economy projected to grow at 6.5% annually, rising disposable incomes are leading to higher spending on durable goods, particularly energy-efficient and high-capacity refrigerators. 

Health and Food Safety Awareness: Growing health consciousness is prompting consumers to invest in refrigeration solutions that preserve food quality and safety, leading to increased demand for advanced cooling technologies. 

Market Segmentation 

By Product Type: 

Top Freezer Refrigerators: Dominating the market due to affordability and functionality. 

Side-by-Side Refrigerators: Gaining traction among affluent consumers for their modern aesthetics and advanced features. 

French Door Refrigerators: Increasingly popular for spacious designs and convenience. 

By Distribution Channel: 

Offline Retail: Traditional retailers and appliance stores account for approximately 70% of total sales. 

Online Retail: Rapidly growing, projected to reach 30% market share as consumers seek convenience and competitive pricing. 

Recent Developments 

Sustainability Initiatives: Leading brands like LG and Whirlpool are adopting sustainable practices in manufacturing and product design, focusing on recyclable materials and energy-efficient technologies. 

Smart Refrigerators Launches: Major players are introducing smart refrigerators equipped with IoT technology, allowing users to monitor and manage food inventory via smartphone apps. 

Government Policies: The Indian government is encouraging the adoption of energy-efficient appliances through initiatives like the BEE Star Rating Program, which promotes energy conservation. 

Market Analysis 

The Indian refrigerator market is competitive, with key players like LG, Samsung, and Whirlpool vying for market share. Local brands are also gaining prominence by focusing on affordability and innovative features. Price wars and promotional offers are common, particularly during festive seasons. 

Consumer Trends 

Demand for Energy Efficiency: According to Mordor Intelligence, 80% of buyers consider energy ratings before purchasing, indicating a strong preference for energy-efficient models. 

Focus on Design: Manufacturers are investing in sleek designs and customizable options to cater to modern kitchen aesthetics. 

Health-Conscious Choices: Refrigerators with advanced cooling technology are increasingly sought after, prioritizing food preservation and safety. 

Regional Insights 

The Southern region leads in refrigerator sales, driven by higher disposable incomes and a preference for modern appliances. The Northern region is witnessing growth due to increasing urbanization and changing consumer lifestyles. 

Challenges and Opportunities 

Despite the market's expansion, challenges such as supply chain disruptions and rising raw material costs persist. However, opportunities lie in the premium segment, with growing demand for smart refrigerators, prompting manufacturers to explore partnerships with tech companies. 

Conclusion 

The refrigerator market in India is on a growth trajectory, influenced by urbanization, rising incomes, and evolving consumer preferences. Companies must focus on innovation, energy efficiency, and effective marketing strategies to capture market share in this competitive landscape. 

[esennartransformer]

BENEFITS OF STAR RATING TRANSFORMERS: HOW TO LEVERAGE THEM FOR IMPROVED PERFORMANCE

Star-rating of transformers typically refers to users' evaluation of the device using a star-based scale (ex; 1 to 5 stars). They are most commonly used as feedback systems provided by the users to elaborate on the performance of the device while sharing their experiences with the particular item. While there is no specific model based on which such ratings are applied, it is still a popular means for most users to get free and unbiased feedback about the device or service provider.

The BEE (Bureau of Energy Efficiency) came into existence in 2002 to offer a rating system that’s objective, accurate, and unbiased. This is an Indian government agency that creates programs to promote the conservation of energy and also make efficient use of energy in partnership with various stakeholders across the country. Its final goal is to promote energy efficiency and minimise energy consumption across different sectors. The agency is also responsible for the development of energy efficiency standards for various electrical appliances. The star rating seen on equipment such as refrigerators, A/Cs, washing machines, and microwave ovens is the result of BEE's efforts to push for energy-efficient products. The agency provides certifications and conducts audits to identify means to minimise energy consumption and suggest new measures to improve efficiency. This helps organisations in improving their brand value while also getting recommendations from a trusted agency that will increase their sales revenue.

To get the agency’s approval, the companies engaged in this task will need to attend training programs, capacity building initiatives, and conduct various other tasks that direct its effort at improving the performance and efficiency of their offerings. Once the system has been finalised and implemented, the company is expected to follow it for a specific period until it's reviewed by the agency again. With each review, the concerned company is expected to improve its capabilities in a certain direction based on the review of the agency. The BEE also has tie-ups with financial institutions that allow easy processing of loans for companies that stick to its guidelines. This promotes business initiatives and encourages the adoption of energy-efficient technologies and practices.

In this manner, customers are fully informed about their purchase based on the star rating while the company boosts its presence in the market by adhering to the mandates set by the BEE.

[marketing123456789]

Dairy Products Market Leading Players, Industry Updates Future Growth, Business Prospects, Forthcoming Developments and Future Investments by Forecast To 2033

According to FMI analysts, dairy products may reach a net worth of over US$ 845.50 billion in 2033, up from US$ 529.05 billion in 2023. This market is forecast to register a CAGR of 4.8% over the next ten years.

Growing consumer demand for healthy on-the-go snack options drives sales of dairy products worldwide. Dairy-based products contain calcium naturally, making them a healthy snack option.

Due to their health benefits, probiotic drinks have gained popularity, especially due to their ability to improve digestion and immunity. Health and wellness trends have led consumers to choose dairy snacks that are low-fat, lactose-free, and calcium-rich.

Get Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-16627

Due to an increase in income and increased urbanization over the past several decades, individuals have become more interested in consuming proteins (such as dairy) than grains as a result of increased income and urbanization.

Dairy products are becoming increasingly popular around the world. To get enough protein daily, consumers are switching from regular meat to dairy products. Additionally, the bakery and confectionery market is expected to grow during the forecast period, since milk is the primary ingredient in most bakery products. This is expected to fuel the dairy product market during the forecast period.

The growing global population is a key opportunity for the dairy product market. This rapid population growth is expected to create new markets for dairy products. The market for infant formula in African countries, as well as in the Indian subcontinent, is expected to grow as a result of rising infant malnutrition. In turn, these factors are expected to increase the dairy product market during the same period.

Key Takeaways from Market Study

The dairy products market is expected to record a CAGR of 4.8% over the forecast period.

According to estimates, the dairy products market in the Asia Pacific might remain strong throughout the length of the forecast period.

The butter segment was valued at US$ 23.25 billion in 2023 and is expected to register a CAGR of 3.5% during the forecast period.

The cheese segment was valued at US$ 96.86 billion in 2023 and is expected to record a CAGR of 3.8% from 2023 to 2033.

It is expected that the market in India is anticipated to demonstrate a high level of growth by the year 2033.

The milk segment is expected to record a CAGR of 3.1% between 2023 and 2023, reaching US$ 310.07 billion in 2023.

Browse Report@ https://www.futuremarketinsights.com/reports/dairy-products-market

Competitive Landscape:

Several local companies are operating in the moderately fragmented market. Market players use various strategies to gain market share, including investments, partnerships, acquisitions, and mergers. Furthermore, companies are striving to keep their products competitive and to improve their products.

Several prominent companies dominate this market, including Arla Foods Amba, Nestle, Danone, Fonterra, Lactalis, Frieslandcampina, DMK Group, GCMMF, Dairy Farmers of America, Inc., Meiji Holdings Co. Ltd., The Kraft Heinz Company and others.

Recent Developments:

There is a newly developed drinkable yogurt product in the works from Danone called Activia+. It is available in March 2022 in the United States and other parts of North America. The products come in strawberry, peach, and raspberry flavors.

In February 2022, Danone North America released its Light+Fit yogurt under the Light+Fit brand. Lemon and orange are the flavors available in the market.

The dairy company announced the launch of two all-new dairy products in February 2022, expanding its refrigerated shelf presence in New Berlin, New York. Ultra-filtered milk, lactose-free, protein-dense ultra-filtered milk, and half & half. They are made from locally sourced milk and come in paper-based packaging that is widely recyclable, like many of the company’s other new products.

In March 2019, the Wallaby yogurt brand was introduced in the United States in three flavors to cater to health-conscious consumers. It is a no-sugar-added yogurt.

To reduce its carbon footprint, Arla Foods partnered with Walki in August 2019 to provide sustainable and recyclable packaging solutions.

Dairy Products Market Segmentation by Category

By Product Type:

Milk

Cheese

Yogurt

Dessert

Butter

Milk Powder

Cream

Others

By Distribution Channel:

Hypermarket / Supermarket

Convenience Store

Speciality Store

Other

By Region:

North America

Latin America

Europe

The Middle East and Africa

East Asia

About FMI Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

[rishitandon]

Rishi Tandan: Idol for the TV and entertainment system industry

Rishi Tandon is the COO of Hisense, a leading technology company. He is responsible for all global operations and business functions for the company. Tandon has more than 20 years of experience in the technology industry, and he has played a major role in the growth of Hisense.

Rishi Tandon: A Profile

The cost of success is hard work, dedication to the task at hand, and the determination that whether we win or lose, we have given it our all. And this is proved by one of the hard-working beings, Rishi Tandon.

Rishi Tandon is the chief operating officer of the famous Indian brand Hisense, an electronics and home appliances company.

Hisense is one of the global leaders in consumer electronics and home appliances. It was established in 1969 and has an annual revenue of 30 billion dollars. At present, Hisense ranks globally at number two for TV market share and is the sponsor of the Euro Cup and FIFA World Cup 2022.

Rishi Tandan is an energetic leader with 20+ years of experience ranging from start-up operations to 6000 crore. He also dealt in P&L handling.

Market strategy, product development, sales, channel management, impact marketing, business finance, supply chain management, after-sales service, and the formulation of long-term vision and strategy are among Tandan's areas of expertise.

Rishi Tandon has worked really hard to produce dynamic business results. He accomplished this goal through the utilization of strategic insights into market trends and consumer behaviors. Business requires a lot of skill acquisition, and Tandon proved this by consistently staying ahead of the competition with differentiation in the product, marketing, and innovation in operations.

Not only this, but Rishi proved to be a pioneer by providing executive-level leadership in strengthening relationships with business partners, mitigating conflicts, and driving market share by working on improvements.

Moreover, he collaborated with R&D to develop new products that are based on consumer rights.

Tandon fueled business strengths through key transformation initiatives and also led innovations. He revamped procedures and came up with successful go-to-market strategies to address growth issues and subsequently assist the company in reaching its revenue and profit goals.

Additionally, he ushered in and supported the introduction of new, lucrative products that had won awards. As a result, millions of dollars more were made. Without a doubt, Rishi Tandan is a fantastic illustration of how to run a business and expand it. He deserves praise for building harmonious teams and using strong divisional and transformational leadership that motivates people to perform to the best of their abilities. 

Rishi Tandon: His Role at Hisense

Rishi Tandon is the Chief Technology Officer at Hisense. In this role, he is responsible for the technology strategy and execution for all of the company's products and services. He has more than 20 years of experience in the technology industry, and has held senior positions at companies such as Samsung, Hewlett-Packard, and Motorola. He has a proven track record of driving innovation and growth in the technology sector. Under his leadership, Hisense has been able to create some of the most advanced products in the industry. Tandon is a highly respected leader in the technology community, and his insights are regularly sought by media outlets and industry analysts.

Hisense: A Look at the Company

Hisense is a large electronics company that originated in China. It has a wide range of products, including televisions, refrigerators, and air conditioners. Hisense is a major player in the electronics market, and its products are sold all over the world.

Hisense is a well-known brand, and it has a good reputation for making quality products. It has been successful in the past, and it is likely to continue to be a major player in the electronics market. Hisense is a company to watch in the coming years.

Rishi Tandon: A Vision for the Future

Rishi Tandon is one of the most promising young entrepreneurs. At just 25 years old, he has already founded and sold two companies. He is now the CEO of Tandon Group, a venture capital firm that invests in early stage technology companies.

Tandon's success is due in part to his vision for the future. He is always looking for new opportunities and ways to innovate. He knows that the key to success is to stay ahead of the curve and be on the forefront of change.

Tandon is also a great leader. He inspires his team to work hard and achieve great things. He believes that success comes from teamwork and collaboration.

Tandon Group is poised for great things in the future. With Tandon at the helm, the company is sure to achieve even more success.

Tandon is a highly experienced executive in the technology industry. He has helped Hisense become one of the world's leading technology companies, and he will continue to play a major role in its growth.

[snackative]

Latest Indian Snacks and Sweets from Your Hometown: A Guide for Indians Living in the USA

Missing the Taste of Home: The Struggle of Indians Living in the USA

Most Indians in the USA miss their favorite snacks and sweets from their hometown, as they live miles away from where they grew up. They settle for the options available at nearby Indian grocery stores, but often these options do not fulfill their cravings for the authentic taste of home. Many Indians in the USA have settled for more than 10 to 15 years and may not be aware of the new trending sweets and snacks that have come up in the Indian market.

The Evolution of Indian Snacks and Sweets

The evolution of Indian snacks and sweets has seen a huge change in recent years, with a shift towards healthier ingredients and a growing demand for healthier snacking options. Traditional snacks and sweets are being reinvented with a focus on natural sweeteners like palm jaggery, and the incorporation of millets and other healthy grains.

Accessing the Latest Trends in Indian Snacking: The Solution

Accessing these latest trends in Indian snacking can be difficult for those living in the USA, but recently there has been an emergence of snack brands that cater to the Indian community living abroad. Snackative is one such brand that offers a wide range of traditional, trending, and healthy Indian snacks and sweets, that can be ordered online and shipped directly to your doorstep.

Introducing Snackative: Your One-Stop Shop for Traditional, Trending, and Healthy Indian Snacks and Sweets

Snackative's selection includes Millet-based snacks, Palm Jaggery snacks, and vegan options, as well as Indian sweets made with real fruits and vegetables, and sweetened with natural sweeteners like palm jaggery. This variety of options allows Indians living in the USA for over a decade to discover new and exciting snacks and sweets from their hometown.

Customer Testimonials: Experience the Taste of Home with Snackative

Customer testimonials have praised Snackative for the authenticity of taste and the convenience of doorstep delivery. One customer shared, "I have been living in the USA for over 15 years and never knew you can get Palm Jaggery Mysore Pak. All these years I used to buy Ghee Mysorepak from the refrigerators of Indian grocery stores in the Bay Area. After I came across Snackative, we have been ordering online the Palm Jaggery sweets and Millet snacks very frequently for my kids. And they like it a lot compared to the snacks we get here in local stores. Ordering in Snackative is like the taste of home delivered to my door.

The Growing Demand for Healthy Snacking Options in India

The demand for healthy snacking options in India is on the rise, and Snackative is at the forefront of this trend, offering a wide range of options that are not only delicious but also good for you. So, if you are an Indian living in the USA and missing the taste of home, head over to Snackative's online shop at https://snackative.com to discover the latest and greatest in Indian snacking.

[seosubzero]

Elevating Cold Chain Manufacturing; Sub Zero’s Cutting-Edge Refrigeration Solutions

Cold-chain Industries impart storage, smoothens distribution, and eventually, make the manufacturing cool!  With technology transfer from Israel, Sub Zero Insulation Tech Pvt Ltd, one of India’s top refrigeration solutions providers, has been a leader in cold chain solutions for temperature-sensitive products in Indian Manufacturing.

With industrial revolutions, manufacturing operations incorporating high-end raw materials are always dreamt of, but the major part of the lifecycle of those raw materials depends on storing them in a proper environment with suitable temperatures. From food storage to medical transportation, Cold Chain manufacturing in India is becoming one of the fastest baselines for the industries day by day, with a steady CAGR of 14.6% by 2026.

Deep Khira, Managing Director, Sub Zero spoke to Machine Maker on the breakthrough transition of the company from a traditional vehicle body-building company to a specialized and organized Truck-body building company in the Indian Market.

“After joining the family business in 2010, the entrepreneurial spirit urged me to bring something on my own. When I found the cold-chain industries, initially we had a shortage of good quality manufacturers. I realized that instead of focusing on different things, putting all the efforts towards one dream would make us a leader in that segment. So, we started to take the expertise ahead,” shared Deep on his initial start.

Entrepreneurship: All about new ideas

“At that time, refrigerated trucks were primarily produced with the traditional fabrication methods and usage of metals such as steel, which made them heavy and reduced their payload capacity. To change this, we introduced the Composite Panel Technology, which was the first of its kind in the production of Refrigeration trucks in India,” told the spokesperson of Sub Zero about the innovation of Sub Zero.

At present, the company, which has been manufacturing new-edge Refrigeration vehicles for the last 7 years has its manufacturing unit in Chennai and Pune with a wide presence of assembly units across India. The company, under technical collaboration with Isi Yogev Industries, Israel brought high-end tools and machinery to India to enhance the old-school way of production of refrigerated trucks. The company also offers state of art Mobile Test Laboratory mounted on 40 feet trailer which comes as the first proudly ‘Made in India’ Mobile Test Lab with global quality standards.

Speaking on the general perception that ‘the business background makes entrepreneurial journey easy,’ Deep said that belonging to a business family is not completely favourable to entrepreneurship. “Over the generations, strategies and takeaways often become outdated and exponential growth demands fresh ideas. For me, rather than an easy journey, it was a major challenge to overcome the reluctance of the team to adopt change,” he said on overcoming the challenges. Further adding more to the company’s visionary philosophy, he added, “Leads are not generated by words of mouth. We believe in good quality, reasonable price, and on-time delivery. And, these are the pillars upon which our leadership in Cold-Chain Manufacturing is laid.”

Pandemic: The turning point

Initially, Sub Zero was the manufacturer of Refrigeration Trucks. But, during the Pandemic, showcasing the intricate determination of turning the downturn disruptions into an opportunity, it started catering to other mobility solutions such as Mobile-Test Labs, Ambulances, and Specialized Vehicles.

He further added, “We then, started targeting into the Pharmaceutical, Dairy, Food storage, Horticulture industries with our Refrigeration solutions. We also cooperated with Social Community Organization using our mobile-medical unit to battle the pandemic.” The company has developed a mobile test laboratory mounted on a 40-foot trailer.

The company also supplies refrigeration components to OEMs such as Tata Motors, Ashok Leyland and Mahindra Group and also, exports to foreign countries. Additionally, the company has supplied Multi-temperature refrigerated trucks for the Indian Army. Aiming to become a leader in the insulated trucks manufacturers in the World, Sub Zero is uplifting the Indian Cold Chain Infrastructure, preventing wastages in the Supply chain due to poor storage.

[penzanews]

Foreign experts assess benefits of Russia’s Sputnik V coronavirus vaccine

The Gamaleya National Research Center of Epidemiology and Microbiology of the Ministry of Health of the Russian Federation and the Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) announced that the Sputnik V vaccine demonstrated efficacy of 97.6%, based on the analysis of data on the infection rate of coronavirus among those in Russia vaccinated with both components of Sputnik V.

“The Ministry of Health of Russia maintains a register of persons who have been vaccinated, as well as citizens who have got infected with COVID as part of the Unified State Information System in Healthcare. According to the data from 3.8 million Russians vaccinated with both components of Sputnik V from December 5, 2020 to March 31, 2021 as part of the mass-scale civil vaccination program, the infection rate starting from the 35th day from the date of the first injection was only 0.027%. At the same time, the incidence among the unvaccinated adult population was 1.1% for a comparable period starting from the 35th day after the launch of mass-scale vaccination in Russia,” says the message posted on the official website of the Sputnik V vaccine.

It is expected that the data and calculations of the vaccine’s efficacy will be published in a peer-reviewed medical journal in May.

Sputnik V is approved for use in 60 countries with a total population of 3 billion people. It ranks second among coronavirus vaccines globally in terms of the number of approvals issued by government regulators.

Sputnik V has been approved in Russia, Belarus, Argentina, Bolivia, Serbia, Algeria, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary, UAE, Iran, Republic of Guinea, Tunisia, Armenia, Mexico, Nicaragua, Republika Srpska (entity of Bosnia and Herzegovina), Lebanon, Myanmar, Pakistan, Mongolia, Bahrain, Montenegro, Saint Vincent and the Grenadines, Kazakhstan, Uzbekistan, Gabon, San-Marino, Ghana, Syria, Kyrgyzstan, Guyana, Egypt, Honduras, Guatemala, Moldova, Slovakia, Angola, Republic of the Congo, Djibouti, Sri Lanka, Laos, Iraq, North Macedonia, Kenya, Morocco, Jordan, Namibia, Azerbaijan, Philippines, Cameroon, Seychelles, Mauritius, Vietnam, Antigua and Barbuda, Mali, Panama and India.

As noted by the media, earlier Russian Sputnik V was the third in the list of vaccines with the highest level of effectiveness against coronavirus infection. For Moderna, it is 94.1%, while Pfizer/BioNTech initially had this figure at 95%, but in early April, the developer announced its decrease to 91.3%. Thus, the Russian vaccine now ranks first in terms of effectiveness.

According to Alexander Gintsburg, Director of the Gamaleya Research Institute of Epidemiology and Microbiology, the actual efficacy of the Sputnik V vaccine may be even higher than the results of the analysis demonstrate, since “the data on the case registration system allows a time lag between the collection of the sample (the actual date of the disease) and the diagnosis.”

The Sputnik V vaccine is based on a proven and well-studied platform of human adenoviral vectors. The safety, efficacy and lack of negative long-term effects of adenoviral vaccines have been proven by more than 250 clinical studies over two decades. Moreover, the storage temperature of Sputnik V allows storing it in a conventional refrigerator without any need to invest in additional cold-chain infrastructure. There are no strong allergies caused by Sputnik V. The price of Sputnik V is less than $10 per shot, making it affordable around the world.

Assessing the benefits of the Sputnik V vaccine, Muhammad Munir, Lecturer in Molecular Virology, Lancaster University, noted the presence of two different adenoviral vectors in the Russian vaccine – rAd26 and rAd5.

“One of the unique features of Sputnik V is use of two vectors for the delivery of antigen. The first dose primes the immune system and raise substantial antibodies whereas second dose induce the immune system to produce long lasting antibodies and T-cells without being neutralized by the first dose,” the expert told PenzaNews.

According to him, this feature makes Sputnik V better and different compared to AstraZeneca and Johnson & Johnson (J&J) which uses single vector for both injections.

“Realizing this advantage, AstraZeneca partnered with Sputnik V to conduct mutual trial which could enhance the performance of AstraZeneca. Based on the published data, Sputnik V outperformed many of the vaccines of similar kind,” Muhammad Munir stressed.

Jacob Koshy, Deputy Science Editor, The Hindu, expressed the opinion that the main advantage of Sputnik V for India is the already established cooperation of vaccine manufacturers with at least five Indian pharmaceutical companies.

“So the hope is that anywhere between 300–600 million doses will be quickly available to India within months. Sputnik V has tied up with Dr. Reddy’s Labs and conducted a phase 2/3 adaptive study. The results of this aren’t in public domain but one hopes that this information is with India’s regulators and they have made a good judgement,” Jacob Koshy said.

He also drew attention to the fact that there is no prejudice in Indian society about Sputnik V, but there are general fears about vaccines.

“Like in Russia, there is significant hesitancy on vaccines in general. The ongoing second wave in India has caused tremendous panic and many – even though initially hesitant – are now seeking vaccines,” the expert said.

According to him, the main issue for India today is the details of the agreements concluded for the production of Sputnik V.

“RDIF has been on a major, global publicity blitz for several months in marketing Sputnik V to the world. However it must be more transparent on how many of the doses it plans for manufacture in India will actually be available to Indians and how many will be sent for export,” Jacob Koshy explained.

Moreover, in his opinion, Russia should conduct and publish more detailed studies of the vaccine, in particular, its effectiveness against new variants of coronavirus and possible side effects associated with vaccination.

In turn, Shankaran Nambiar, Head of Research, Malaysian Institute of Economic Research in Kuala Lumpur, reminded that the Russian vaccine Sputnik V has been highly rated by international agencies and is reported to be both efficient and safe.

“The vaccine is currently under assessment by the local regulatory body and a firm decision has not been announced yet. The minister for science, technology and innovation, Khairy Jamaluddin, who is supervising the vaccination campaign, had warned that if the regulatory approval process takes too long, Malaysia might lose out on the offer that has been made by the Russian authorities. The Russian authorities have offered 6.4 million doses,” the analyst said.

In his opinion, the advantage that comes with accepting Sputnik V is beneficial for Malaysia not only within the framework of the vaccination program but also but also because it will allow the country to obtain technologies for its production.

“Gamaleya National Research Institute of Epidemiology is willing to share its expertise with Malaysia and that will help Malaysia make inroads into the pharmaceutical industry. This will enable Malaysia to be the regional base for the production and distribution of the vaccine. There are tremendous advantages that Malaysia can gain by accepting Sputnik V and working with Gamaleya,” Shankaran Nambiar explained.

Meanwhile, Hildegund Ertl, Professor, Vaccine & Immunotherapy Center, The Wistar Institute, called Sputnik V an excellent vaccine with high efficacy.

“It was shown by the phase III trial results published in Lancet [one of the most famous and respected general medical journals, founded in 1823] [...] and it has complete protection against hospitalisations and deaths and mild to moderate side effects,” the expert said.

However, in her opinion, short terms of application of vaccines against coronavirus in the world do not yet allow making unambiguous conclusions.

“The AstraZeneca vaccine has thus far shown lower efficacy in preventing mild to moderate disease than Sputnik V and there have been claims of rare but serious side effects in women under 50 receiving the AstraZeneca vaccine, which may or may not be related to the vaccine. But the AstraZeneca vaccine also completely protects against severe disease and death,” Hildegund Ertl said and added that we cannot claim that one vaccine is better than another till we know more about duration of protection and protection against circulating and future variants of the coronavirus.

According to her, today, one of the main priorities should be the united struggle of the world community against the pandemic.

“Right now it is crucial that we get the world vaccinated – not just the wealthy countries but every person in every country and for that we need every vaccine that has shown efficacy and will thereby prevent human suffering and death. [...] All the approved vaccines will be a valuable tool to end this pandemic,” the expert concluded.

Source: https://penzanews.ru/en/analysis/67088-2021