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Major Applications Of Open Circuit SBA
Open circuit training is useful in emergency rescue, fire fighting and other disaster response situations. As oil spills and other accidents cause massive releases of organic pollutants into the air, open circuit scba is a great way to protect the wearer's health. This type of breathing apparatus circulates open circuit gas through the open circuit system within the helmet. Although this type of respirator has been around for decades, there are many new developments and advantages to open circuit scuba as well.
An open circuit scuba will protect a wearer by providing increased resistance to external forces that could cause pressure inside the mask. There are many reasons why the level of open circuit pressure inside an air mask varies from one individual to another. The amount of open circuit pressure inside the mask depends on the design of the face mask and the shape of the wearer's head.
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A negative pressure inside a mask could cause the windpipe to become obstructed and create a reduced airflow through the mask. The open circuit scuba may reduce the force of the wind and improve the resistance through the mask. A positive pressure could cause the head to tilt forward slightly, which may open the windpipe by allowing pressurized air to escape. This type of open-circuit scuba may reduce irritation of the skin caused by open circuit pressure as well as improving the wearer's ability to swim.
Many factors can change the open circuit pressure of a person's helmet. The degree of incline on the head could greatly affect the amount of open circuit gas present in the system. Different types of helmets have different numbers of slopes on their faces. The presence of curves or ridges on the front or sides of a scuba mask can add to the open circuit of a helmet. The amount of open circuit that can be experienced by the wearer is dependent upon the amount of force that can push into the open circuit lines of the helmet.
Open circuit control is determined by the open-circuit scuba and atmospheric pressure. The open circuit scba is measured in millibars and open circuit pressure is expressed as a percentage of this measurement. Less than 100% open circuit scba research will provide protection against open circuit problems while high levels will prevent open circuit scuba from providing protection. For example, if the wearer has a headlamp equipped with a high intensity discharge (HID) bulbs and open circuit scba level is three hundred millimeters open circuit would prevent light from reaching the rider's eyes. High levels of open circuit scuba will prevent the rider from tilting his head back when using his helmet.
For open circuit safety, it is recommended that open circuit devices be used with some type of breathing apparatuses such as a breathing mask. The breathing apparatuses should be properly selected according to the size of the open circuit device, its shape, the size of the rider's face, his hand's strength, and his habit. In other words, if the rider has a long face, he will need a breathing apparatuses with larger openings for air flow.
Other open circuit scuba equipment is available such as breathing apparatus valves and valve regulators. These breathing apparatus devices allow the rider to open his mouth and breathe by just pressing a button. It is recommended that such breathing apparatus is worn on the side of the helmet rather than on top as the airflow coming through the open circuit tubing can be obstructed. A breathable air cylinder is also recommended for riders as this will allow air exchange between the rider's mouth and the open circuit tubing thereby reducing condensation.
Another major application of open circuit scuba equipment is firefighting. There are numerous firefighting equipment used in open circuit fire trucks, including fire hose reels and fire hydrants. The firefighting firemen use open circuit fire apparatus equipped with a hand held fireside mask. The fire hose reel is connected to a firefighting nozzle via an extending hose with a flexible end. This apparatus allows the firemen to spray water in a targeted area. The open circuit equipment may also have provisions for storing water in the hose reel to be used for cleaning up afterwards.
Summary
The report forecast global Open-Circuit SCBA market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation.
The report offers detailed coverage of Open-Circuit SCBA industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Open-Circuit SCBA by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
First, this report covers the present status and the future prospects of the global Open-Circuit SCBA market for 2015-2024.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Open-Circuit SCBA according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Finally, the report provides detailed profile and data information analysis of leading Open-Circuit SCBA company.
Key Content of Chapters as follows (Including and can be customized) :
Part 1:
Market Overview, Development, and Segment by Type, Application & Region
Part 2:
Company information, Sales, Cost, Margin etc.
Part 3:
Global Market by company, Type, Application & Geography
Part 4:
Asia-Pacific Market by Type, Application & Geography
Part 5:
Europe Market by Type, Application & Geography
Part 6:
North America Market by Type, Application & Geography
Part 7:
South America Market by Type, Application & Geography
Part 8:
Middle East & Africa Market by Type, Application & Geography
Part 9:
Market Features
Part 10:
Investment Opportunity
Part 11:
Conclusion
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
MSA
Scott Safety
Honeywell
Drager
Interspiro
Cam Lock
Shigematsu
Avon
Matisec
Sinoma
Koken
Market by Type
High Pressure Open-Circuit SCBA
Low Pressure Open-Circuit SCBA
Market by Application
Fire Fighting
Industrial Use
Other Use
Frequently Asked QuestionsWhat is the USP of the report?
Global Open-Circuit SCBA Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
What are the key content of the report?What are the value propositions and opportunities offered in this market research report?Related Reports
Global Open Peripheral Pump Market
Global Online K 12 Education Market
Global Oncology Information System Market
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Oil Spill Management Market Forecasts to 2027: Global Industry Growth, Share, Size, Trends
Market Size – USD 155 Billion in 2019, Market Growth - CAGR of 3.0%, Market Trends –Implementation of more stringent regulations
The latest study by Reports and Data, called “Global Oil Spill Management Market Forecast to 2027,” lists some of the primary growth potentials of the global Oil Spill Management industry. The primarytarget of this report is to help industry stakeholders capitalize on its highly informative content to make improved business decisions. The insightful data provided by the report are gathered from several primary and secondary resources.Moreover, the report is intended to help readers gain actionable insights into the global Oil Spill Managementmarket and the prevailing growth opportunities and trends in particular.
The latest market intelligence report entails a holistic overview of the Oil Spill Management market, providing the reader with essential conclusive data & information concerning market growth, evaluated on both regional and global levels. The competitive analysis of the report focuses on the leading market players and their lucrative business expansion initiatives. Hence, the sample copy of the ‘Global Oil Spill Management Market’ research report includes a brief analysis of this ever-evolving business sector, encompassing the regional overview, competitive landscape, technological innovations, and future market developments.
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Furthermore, the report offers in-depth scrutiny of the key market elements, such as drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The exhaustive SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis have also been included in the report. Strategic recommendations for the new and established market players are intended to assist them in fortifying their financial positions in the Oil Spill Management market.
COVID-19 Impact Assessment:
The latest report sums up the major changes in the global business sector that took place as a repercussion of the COVID-19 outbreak. Having impacted the global Oil Spill Management market in an unfavorable manner, the pandemic has significantly disrupted the market dynamics and trends. The public health emergency adversely affected the global supply chains and resulted in acute volatility in product prices and demand. However, industry experts believe that the global Oil Spill Management market will regain traction in the post-COVID scenario. The report also offers a broad assessment of the pandemic’s preliminary and future impacts on this lucrative market.
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Regional Landscape:
An essential component of the report is the detailed study of the geographical outlook of the global Oil Spill Management market. The global Oil Spill Management market is categorized into several key geographical regions, includingNorth America, Asia Pacific, Europe, Latin America, and Middle East & Africa. In this section of the report, the authors have meticulously analyzed the regional market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects.
Competitive Outlook:
The leading contenders in the global Oil Spill Management market are:
Cameron International Corporation, Ecolab Inc., Hyundai Heavy Industries Co., Ltd., National Oilwell Varco, Fender & Spill Response Services L.L.C., SkimOil, Inc., COSCO Shipyard Group Co., Ltd., Control Flow Inc., Northern Tanker Company Oy, and GE Oil & Gas.
Technology Outlook (Revenue, USD Billion; 2018-2028)
Pipeline Leak Detection
Double-hull
Blow-out Preventers
Others
Chemical
Mechanical
Biological
Others
Response Technique Outlook (Revenue, USD Billion; 2018-2028)
Sorbent Booms
Hard Booms
Fire Booms
Others
Oleophilic Skimmers
Weir Skimmers
Non-oleophilic Skimmers
Others
Gelling Agents
Dispersing Agents
Others
Application Outlook (Revenue, USD Billion; 2018-2028)
Onshore
Offshore
Onshore
Offshore
Browse the full report description, along with the TOCs and List of Facts & Figures @ https://www.reportsanddata.com/report-detail/oil-spill-management-market
Thank you for reading our report. For further information regarding the report or to get a customized copy of it, please connect with us. We will make sure you receive a report perfectly tailored to your needs.
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Major Applications Of Open Circuit SBA
Open circuit training is useful in emergency rescue, fire fighting and other disaster response situations. As oil spills and other accidents cause massive releases of organic pollutants into the air, open circuit scba is a great way to protect the wearer's health. This type of breathing apparatus circulates open circuit gas through the open circuit system within the helmet. Although this type of respirator has been around for decades, there are many new developments and advantages to open circuit scuba as well.
An open circuit scuba will protect a wearer by providing increased resistance to external forces that could cause pressure inside the mask. There are many reasons why the level of open circuit pressure inside an air mask varies from one individual to another. The amount of open circuit pressure inside the mask depends on the design of the face mask and the shape of the wearer's head.
A negative pressure inside a mask could cause the windpipe to become obstructed and create a reduced airflow through the mask. The open circuit scuba may reduce the force of the wind and improve the resistance through the mask. A positive pressure could cause the head to tilt forward slightly, which may open the windpipe by allowing pressurized air to escape. This type of open-circuit scuba may reduce irritation of the skin caused by open circuit pressure as well as improving the wearer's ability to swim.
Many factors can change the open circuit pressure of a person's helmet. The degree of incline on the head could greatly affect the amount of open circuit gas present in the system. Different types of helmets have different numbers of slopes on their faces. The presence of curves or ridges on the front or sides of a scuba mask can add to the open circuit of a helmet. The amount of open circuit that can be experienced by the wearer is dependent upon the amount of force that can push into the open circuit lines of the helmet.
Open circuit control is determined by the open-circuit scuba and atmospheric pressure. The open circuit scba is measured in millibars and open circuit pressure is expressed as a percentage of this measurement. Less than 100% open circuit scba research will provide protection against open circuit problems while high levels will prevent open circuit scuba from providing protection. For example, if the wearer has a headlamp equipped with a high intensity discharge (HID) bulbs and open circuit scba level is three hundred millimeters open circuit would prevent light from reaching the rider's eyes. High levels of open circuit scuba will prevent the rider from tilting his head back when using his helmet.
For open circuit safety, it is recommended that open circuit devices be used with some type of breathing apparatuses such as a breathing mask. The breathing apparatuses should be properly selected according to the size of the open circuit device, its shape, the size of the rider's face, his hand's strength, and his habit. In other words, if the rider has a long face, he will need a breathing apparatuses with larger openings for air flow.
Other open circuit scuba equipment is available such as breathing apparatus valves and valve regulators. These breathing apparatus devices allow the rider to open his mouth and breathe by just pressing a button. It is recommended that such breathing apparatus is worn on the side of the helmet rather than on top as the airflow coming through the open circuit tubing can be obstructed. A breathable air cylinder is also recommended for riders as this will allow air exchange between the rider's mouth and the open circuit tubing thereby reducing condensation.
Another major application of open circuit scuba equipment is firefighting. There are numerous firefighting equipment used in open circuit fire trucks, including fire hose reels and fire hydrants. The firefighting firemen use open circuit fire apparatus equipped with a hand held fireside mask. The fire hose reel is connected to a firefighting nozzle via an extending hose with a flexible end. This apparatus allows the firemen to spray water in a targeted area. The open circuit equipment may also have provisions for storing water in the hose reel to be used for cleaning up afterwards.
Summary
The report forecast global Open-Circuit SCBA market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation.
The report offers detailed coverage of Open-Circuit SCBA industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Open-Circuit SCBA by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
First, this report covers the present status and the future prospects of the global Open-Circuit SCBA market for 2015-2024.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Open-Circuit SCBA according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Finally, the report provides detailed profile and data information analysis of leading Open-Circuit SCBA company.
Key Content of Chapters as follows (Including and can be customized) :
Part 1:
Market Overview, Development, and Segment by Type, Application & Region
Part 2:
Company information, Sales, Cost, Margin etc.
Part 3:
Global Market by company, Type, Application & Geography
Part 4:
Asia-Pacific Market by Type, Application & Geography
Part 5:
Europe Market by Type, Application & Geography
Part 6:
North America Market by Type, Application & Geography
Part 7:
South America Market by Type, Application & Geography
Part 8:
Middle East & Africa Market by Type, Application & Geography
Part 9:
Market Features
Part 10:
Investment Opportunity
Part 11:
Conclusion
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
MSA
Scott Safety
Honeywell
Drager
Interspiro
Cam Lock
Shigematsu
Avon
Matisec
Sinoma
Koken
Market by Type
High Pressure Open-Circuit SCBA
Low Pressure Open-Circuit SCBA
Market by Application
Fire Fighting
Industrial Use
Other Use
Global Open-Circuit SCBA Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Global Open Peripheral Pump Market
Global Online K 12 Education Market
Global Oncology Information System Market
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What is the impact of Coronavirus on Oil Spill Management Market Growth?| Key players- Osprey Spill Control LLC, Ecolab Inc., Oil Pollution Environmental Control Ltd. and more
Oil Spill Management market report is the major research for those who look for an entire analysis of markets. The report covers all information on the Global and regional markets including old and future trends for market demand, size, trading, supply, competitors, and prices as well as Global predominant vendors’ information. We have provided CAGR, value, volume, sales, production, revenue, and other estimations for the global as well as regional markets. The market is designed to serve as a ready-to-use guide for developing accurate pandemic management programs allowing market players to successfully emerge from the crisis and retract numerous gains and profits. The players included in this report are chosen in terms of their product portfolio, market share, brand value, and the well-being of the organizations. Our report based on current situations across the globe. You can get a sample copy of the report here @ https://www.datalabforecast.com/request-sample/55941-oil-spill-management-market **Note: Don’t miss the trading opportunities on Oil Spill Management Market. Talk to our analyst and gain key industry insights that will help your business grow as you create sample reports. Note- This report sample includes: • Brief Introduction to the research report • Table of Contents (Scope covered as a part of the study) • Research framework (Structure of The Report) • Top players in the market • The research methodology adopted by Data Lab Forecast
North America held dominant position in the global Oil Spill Management market in 2020, accounting for XX% share in terms of value, followed by Europe and Asia Pacific, respectively.
Oil Spill Management Market: Dynamics Based on the current scenario, the industry has a fairly positive impact on the Oil Spill Management Market, owing to increasing use and adoption of Oil Spill Management during COVID-19. The spread of COVID-19 has forced the industry to drive both a stronger online presence and discover new ways to provide analysis. Hence, end users are adopting market to overcome business challenges. This is increasing spending on Oil Spill Management across the globe. The research study offers a substantial knowledge platform for entrants and investors as well as veteran companies, manufacturers functioning in the global Oil Spill Management market. The report includes CAGR, market shares, sales, gross margin, value, volume, and other vital market figures that give an exact picture of the growth of the global Oil Spill Management market. We have also focused on SWOT, PESTLE, and Porter’s Five Forces analyses of the global Oil Spill Management market.
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Oil Spill Management Market
Thinking One Step Ahead In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, union & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction. Oil Spill Management Market: Impact of COVID-19 The Coronavirus (COVID-19) pandemic has affected every aspect of life worldwide. The report considers the impact of COVID-19 on market growth. The study provides full coverage of the impact of the COVID-19 pandemic on the Oil Spill Management market and its key segments. Furthermore, it covers the present and future impact of the pandemic and offers a post-COVID-19 scenario to provide a deeper understanding of the dynamic changes in trends and market scenarios. Oil Spill Management Market: Key Players The major market players that are operating in the Oil Spill Management market are Osprey Spill Control LLC, Ecolab Inc., Oil Pollution Environmental Control Ltd., Oil Spill Response Limited, ACME Environmental, Expandi Systems AB, NOFI Tromso AS, CURA Emergency Services, Lamor Corporation, NRC International Holdings, Elastec, NorLense AS, Desmi AS, Chemtex, Darcy Spillcare Manufacture, Canadyne Technologies Inc., Blue Ocean Tackle Inc., Vikoma International Ltd., American Pollution Control Corp., Markleen AS, Terra Contracting Services LLC, Paulo eco Detailed Segmentation: Global Oil Spill Management Market, By Product Type: ⇛ Pre-Oil Spill Management, Double-Hull, Blowout Preventer, Pipeline Leak Detection, Other. Global Oil Spill Management Market, By End User: ⇛ Application A, Application B, Application C. Do You Have Any Query or Specific Requirement? Drop Your Query Here @ https://www.datalabforecast.com/request-enquiry/55941-oil-spill-management-market The Oil Spill Management Market report incorporates the detailed analysis of the leading organizations and their thought process and what are the methodologies they are adopting to maintain their brand image in this market. The report aides the new bees to understand the level of competition that they need to fight for to strengthen their roots in this competitive market. Oil Spill Management Market: Prominent Regions • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) • Europe (Turkey, Germany, Russia UK, Italy, France, etc.) • North America (United States, Mexico, and Canada.) • South America (Brazil etc.) • The Middle East and Africa (GCC Countries and Egypt.) What benefits does DLF research studies provide? 1. Supporting company financial and cash flow planning 2. Latest industry influencing trends and development scenario 3. To resize powerful market opportunities 4. A key decision in planning and to further expand market share 5. Identify Key Business Segments, Market proposition & Gap Analysis 6. Assisting in allocating marketing investments Buy Now this Premium Report to Grow your Business @ https://www.datalabforecast.com/buy-now/?id=55941-oil-spill-management-market&license_type=su In conclusion, the Oil Spill Management Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and Porters Five analysis is also incorporated in the report. About Us Transforming Information into Insights We pride ourselves in being a niche market intelligence and strategic consulting and reporting firm driven towards resulting in a powerful impact on businesses across the globe. Our accuracy estimation and forecasting models have earned recognition across majority of the business forum. We source online reports from some of the best publishers and keep updating our collection to offer you direct online access to the world’s most comprehensive and recent database with skilled perceptions on global industries, products, establishments and trends. We at ‘Data Lab Forecast’, wish to assist our clients to strategize and formulate business policies, and achieve formidable growth in their respective market domain. Data Lab Forecast is a one-stop solution provider right from data collection, outsourcing of data, to investment advice, business modelling, and strategic planning. The company reinforces client’s insight on factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys, among others. Contact: Henry K Data Lab Forecast Felton Office Plaza 6375 Highway 8 Felton, California 95018, United States Phone: +1 917-725-5253 Email: [email protected] Website: https://www.datalabforecast.com/ Follow Us on: LinkedIN | Twitter | Data Lab Forecast, Oil Spill Management, Oil Spill Management Market, Oil Spill Management Market Research, Oil Spill Management market research companies, Oil Spill Management market scope, Oil Spill Management market size, Osprey Spill Control LLC, Ecolab Inc., Oil Pollution Environmental Control Ltd., Oil Spill Response Limited, ACME Environmental, Market Strategies, DLF
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Impact of Outbreak of COVID-19 on Offshore Decommissioning Market
The demand within the global offshore decommissioning market is expected to apex to new heights in the years to follow. Advancements in the marine industry are responsible for the growth of this market. Furthermore, the use of offshore decommissioning to maintain sustained and manageable marine traffic has also aided market growth. Ships and vessels become defunct beyond repair after a point in time, and it becomes necessary to replace them with new vessels. Hence, the domain of offshore decommissioning has emerged as a key area of growth within the marine industry. Furthermore, the seriousness shown by port operators to decommission defunct ships has also driven market demand.
Digitalisation of the marine industry has made it easier to understand the workability of ships and vessels. Hence, vessel operators are quick to decide on the need for offshore decommissioning. The total volume of revenues within the offshore decommissioning market is projected to increase alongside improvements in marine services. Companies such as Deloitte offer digital services to convert ports into smart docks.
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Ships and vessels that start consuming increased amount of fuels need to be reconsidered for sailing. Hence, the need for offshore decommissioning has become an important component of the decision-making process in the marine industry. Several experts have extended their opinions on the ratio of decommissioning that should ideally be followed by vessel operators.
Environmental concerns related to the use of excessive number of vessels has also driven market demand. Vessel operators are required to decommission functional ships when the number of ships exceeds the permitted figure. Therefore, the global offshore decommissioning market holds bright prospects for growth and investment in the years to follow. Regions with well-established ports are the largest consumers within the offshore decommissioning market.
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Decommissioning is the last phase of any offshore oil and gas project. The process of decommissioning involves safe plugging of the wellbore in the earth’s surface and disposal of equipment used in offshore oil and gas production. In the Gulf of Mexico, decommissioning of offshore oil and gas platform has become mandatory for oil and gas operator companies. Decommissioning operation helps maintain safety and sanity of the offshore environment. An offshore decommissioning operation requires 10 steps to be followed for successful completion of the project. These 10 steps are project management; engineering; and planning; permitting and regulatory compliance; platform preparation; well plugging and abandonment; conductor removal; mobilization and demobilization of derrick barges; platform removal; pipeline and power cable decommissioning; materials disposal; and site clearance. Companies operating in the decommissioning market either specialize in one of the aspects or may provide complete services mentioned above.
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The offshore decommissioning market can be segmented into two broader areas: decommissioning services or activities; and application in shallow water, deep water, and ultra-deep water.
The major driver for decommissioning market is strengthen & mandatory legal guidelines for offshore oil and gas operations setup by the regulatory bodies of respective nations. Presence of the aging oil reserves and abandoned wells in matured offshore oil fields across the world is another factor driving the decommissioning market. Major potential risk of oil spill or leakage through these abandoned oil and gas wells may cause ocean water pollution, thereby threatening the marine ecosystem. This poses difficulty in cleaning and recovery of oil spill and then decommissioning the well after any such incident. The cost involved in decommissioning of such disturbed oil wells or platforms is high. Technically, this poses various challenges. Discovery and development of new oil reserves in offshore (mostly deep water) areas around the world is another factor boosting the global offshore decommissioning market. New discoveries of offshore oil deposits such as Liza field in Guyana, Offshore Kutch basin in India, and Tupi offshore oil field in Brazil indicate the future oil production opportunity in these offshore fields, which are likely to require decommissioning services after their abandonment.
Recent downturn in prices of oil is expected to be a key restraint to not only exploration and development activities of oil and gas but also decommissioning operations. Decrease in oil prices has caused a continued decline in cash inflow and rise or hike in debt levels could challenge the future of oil and gas industry.
The global offshore decommissioning market is expected to expand in the near future. North America is anticipated to be a major region of this market, owing to the presence of the Gulf of Mexico offshore oil reserves in the region. Europe is also estimated to contribute significantly to the offshore decommissioning market, as its North Sea offshore oilfields are & aging. Latin America has significant undeveloped offshore oil reserves in countries such as Venezuela, Brazil, and Guyana. Thus, the region is likely to be an attractive market for offshore decommissioning in the near future. Middle East & Africa has large fossil fuel wealth; thus, the region is expected to be a major contributor to the decommissioning market. The decommissioning market in Asia Pacific is anticipated to expand at a steady pace during the forecast period.
Key players operating in the decommissioning market are Petrofac Limited, Aker Solutions, TechnipFMC plc., Ramboll Group, Deepocean Group Holding B.V., Amec Foster Wheeler, PLC., AF Gruppen, Claxton Engineering Services, Ltd., DNV GL AS, and Allseas.
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Global Oil Spill Market Equipment Analysis, Trends and Insights 2019-2025
Summary - A new “Global Oil Spill Market Data Survey Report 2013-2025”has been featured on WiseGuyReports.
The global Oil Spill market will reach xxx Million USD in 2019 with CAGR xx% 2019-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers profile, products & services, sales data of business Global market size by Major Application Global market size by Major Type Key manufacturers are included based on company profile, sales data and product specifications etc.: Cameron International
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Global market size and forecast Regional market size, production data and export & import Key manufacturers profile, products & services, sales data of business Global market size by Major Application Global market size by Major Type Key manufacturers are included based on company profile, sales data and product specifications etc.: Cameron International Control Flow National Oilwell Varco Fender & Spill Response Services Northern Tanker Company Oy SkimOil Hyundai Heavy Industries GE Oil & Gas Cosco Shipyard Group CURA Emergency Services Major applications as follows: Onshore Offshore Major Type as follows: Pre-Oil Spill Blowout preventers Double hulling Pipeline leak detection Post-Oil Spill: Mechanical methods Chemical and biological Physical Regional market size, production data and export & import: Asia-Pacific North America Europe South America Middle East & Africa
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Six Takeaways from the New Growth Forecasts from the IMF and the World Bank
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Six Takeaways from the New Growth Forecasts from the IMF and the World Bank
*/ This week the IMF released new global economic growth projections in the face of COVID-19, updating their earlier projections from June and from April before that. In recent weeks, the World Bank has also released new projections for various regions. Here are six takeaways that we gleaned from reviewing those and dozens of other projections from other organizations over the course of the year.
1. This year was worse for low- and middle-income countries than predicted. Repeatedly.
In January, the IMF’s projection of global growth for 2020 was 3.3 percent, an increase over 2019’s global growth rate of 2.9 percent. By April, that global estimate had not just slowed but reversed, to -3.0 percent. June estimates were even lower (-4.9 percent), and this week’s estimates—now more than three quarters of the way through the year—landed us at -4.4 percent (Figure 1). Figure 1. IMF global and regional projections for 2020, by month of publication of projection
Source: Authors’ construction based on IMF January 2020, IMF April 2020, IMF June 2020, and IMF October 2020 forecasts.
But while high-income countries are the hardest hit on average, the projected growth in low- and middle-income countries has also dropped significantly. The figure above shows that region after region has downgraded growth projections, not just relative to January but also relative to April. The IMF projections for a few middle-income countries are particularly striking. India, Mexico, and South Africa have been particularly hard-hit. Economic growth in India was 4.2 percent in 2019. The current projection for India in 2020 is -10.3 percent, the largest drop reported by the IMF for any low- or middle-income country. That’s 5.8 percentage points worse than what the IMF was projecting in June. Mexico now has projected growth of -9.0 percent. South Africa is at -8.0 percent. World Bank projections have shown a similar downward trend, as you can see in Figure 2. South Asia and Latin America and the Caribbean have shown particularly negative trajectories. Despite the pandemic arriving late to Latin American countries, it has now become the worst-hit region in the world, at one point accounting for over half of daily coronavirus deaths. Similarly, India is second only to the US in number of cases and the country’s economy severely contracted in the second quarter of the year, much worse than previously expected. Figure 2. World Bank regional projections for 2020, by month of publication of projection
Source: Authors’ construction based on World Bank’s forecast released in January 2020, the regional forecasts released in April 2020, forecast updates released in June 2020, an update in September 2020, and the recently released forecasts (October 2020).
Strikingly, the 2020 projections were much worse for low- and middle-income countries than for rich countries (Table 1). To use the IMF’s groupings, the 2020 projections changed by 5 percent between April and October for advanced economies, but they changed by 230 percent for emerging markets and developing economies. Likewise, low-income developing countries have an updated projection that is 400 percent lower. These percentage numbers are big in part because we’re dealing with changes of small numbers, but the updates are much bigger for low- and middle-income countries. Furthermore, the projections for 2020 are worse now for each of these developing regions, whereas they are slightly better for the advanced economies. Earlier in the year, Sandefur and Subramanian highlighted that the IMF’s predicted economic impact of COVID in low- and middle-income countries was lower than could be explained by “external vulnerabilities to trade disruptions, financial crises, or commodity price shocks” (i.e., the growth estimates were too optimistic). That has unfortunately proven true. Table 1. Difference between IMF October projections from the April projections, by selected country groups
Projections for 2020 Projections for 2021 April October Percentage point change Percentage change April October Percentage point change Percentage change Advanced economies -6.1 -5.8 0.3 +5% 4.5 3.9 -0.6 -13% Emerging markets and developing economies -1.0 -3.3 -2.3 -230% 6.6 6.0 -0.6 -9% Low-income developing countries 0.4 -1.2 -1.6 -400% 5.6 4.9 -0.7 -13% Emerging and developing Asia 1.0 -1.7 -2.7 -270% 8.5 8.0 -0.5 -6% Latin America and the Caribbean -5.2 -8.1 -2.9 -56% 3.4 3.6 0.2 +6% Middle East and Central Asia -2.8 -4.1 -1.3 -46% 4.0 3.0 -1.0 -25% Sub-Saharan Africa -1.6 -3.0 -1.4 -88% 4.1 3.1 -1.0 -24%
Source: Authors’ construction based on IMF World Economic Outlook April 2020 and October 2020.
2. Africa has not been spared.
The COVID pandemic’s health impact has been less marked on the African continent than elsewhere. That’s not to minimize its effects, with more than 1.2 million cases and over 27,000 deaths to date. But as journalists ponder whether the pandemic has “spared” the continent, the economic storm is clear. The IMF projection for growth across Sub-Saharan Africa in 2020 was 2.9 percent in January, -1.6 percent in April, and this week’s projections put it at almost twice as bad as that, at -3.0 percent. Last week’s numbers from the World Bank project a slightly worse -3.3 percent (consistent with the World Bank’s numbers from April). But these total output numbers don’t factor in population growth. Per capita income across the continent is expected to fall by 6.5 percent. Per capita GDP had already begun to fall in 2016, but this represents a drop-off, as Figure 3 shows. Figure 3. Per Capita GDP in Sub-Saharan Africa over time
Source: Authors’ construction based on World Development Indicators 2020. (Inspired by Figure 1.52 in Africa’s Pulse, October 2020.)
This decline over the course of 2020 is consistent across projections for Africa from various organizations. A range of groups have produced forecasts for either Africa as a whole or for Sub-Saharan Africa, and later forecasts have been consistently lower (Figure 4). Figure 4. Africa and Sub-Saharan Africa projections for 2020, by month of publication of projection
Source: Authors’ construction based on a McKinsey report (April 2020), UN ECA report (April 2020), UN World Economic Situation and Prospects (May 2020), IMF forecasts (January 2020, April 2020, June 2020, and October 2020), and World Bank forecasts (January 2020, April 2020, June 2020, and October 2020).
3. Lockdowns aren’t the only reason for slowing economic activity. People are also avoiding each other.
Using data for 128 countries, the IMF report examines the impact of lockdowns on mobility (as one proxy for economic activity) in both high-income and low- and middle-income countries. It also examines mobility drops from COVID cases beyond the effect of lockdowns. This is likely driven by voluntary social distancing, a manifestation of what Evans and Over refer to as “aversion behavior” (i.e., people avoiding activities where they might catch the virus). They find that both lockdowns and voluntary social distancing reduced mobility. In low-income countries, about two thirds of the effect on mobility was from lockdowns. In higher-income countries, the effect was more balanced across the two. The IMF report cautions against jumping to the conclusion that lockdowns are the problem: “Despite lockdowns having negative short-term economic effects, letting infections grow uncontrolled can also have dire economic consequences. This is because voluntary social distancing in response to rising COVID-19 infections has severe detrimental effects on the economy.” In Latin America, there are a couple of examples suggesting that lockdowns implemented well—before transmission could get out of hand and effectively managed by the government, including providing clear and consistent information to the people—may have help flatten the curve with only reasonable cost to the economy.
4. 2021 looks better, for now.
Projections for 2021 still point to recovery, despite the fact that the spread of the virus has persisted beyond what was assumed in the early 2020 projections (Figure 5). Reports published in April and May assumed containment of the pandemic within the first half of 2020, combined with the pandemic fading on its own and a robust recovery by the end of the year. (This was potentially modeled after China’s recovery in March.) However, as cases piled on and lockdowns continued for many of the affected countries, assumptions have shifted from when containment will take place to when vaccines will be available and deployed. While some of the more recent reports acknowledge that the pandemic may be with us for a while—for example, the IMF October report assumes that social distancing measures will spill over to 2021 and a World Bank regional projection assumes that we will still have a quarter of the current magnitude of the outbreak in 2022 —generally, the reports account for the swift and sizable fiscal policies governments have deployed and still project a recovery in the coming year. That said, the projections for 2021 have updated much less than the projections for 2020 (see Table 1 above), and the further out we get, the more uncertainty there is. Estimates by a team at CGD suggest that a vaccine may not even be approved until well into 2021, without even considering purchase and distribution. Figure 5. IMF regional projections for 2021, by month of publication of projection
Source: Authors’ construction based on IMF January 2020, IMF April 2020, IMF June 2020, and IMF October 2020 forecasts.
5. These growth numbers have real impacts.
It can be easy to get lost in these aggregate output numbers and forget the human lives behind them. The negative GDP growth projections reflect lost income for the majority of the world’s population, especially those employed in industries dependent on open borders and working supply chains (such as the service, tourism and agriculture industries) and the informal sector. Last week, a World Bank team released new poverty projection numbers. They estimate 88 million additional people in extreme poverty (that’s $1.90-a-day poverty) in 2020 as a result of COVID. The vast majority of those are in South Asia (remember those terrible growth numbers for India?) and in Sub-Saharan Africa (where the growth numbers aren’t as bad, but many people are close to the extreme poverty line). Here’s a word from the team: “Using the data and projections available now, it appears that COVID-19 has already been the worst reversal on the path towards the goal of global poverty reduction in at least the last three decades.” While the extreme poverty numbers are lower in Latin America, that region has the worst growth forecast among all developing regions, with projected increases in less extreme poverty, leading some to reference a potential “lost decade” for the region. Those poverty increases translate to increased food insecurity, fewer resources to invest in education and health, and lower tax revenues for governments to provide services.
6. The projections are wrong. (They’re always wrong.) That doesn’t mean they aren’t useful.
Economic forecasts are often wrong, which is unsurprising given the number of variables at play. But they are often reasonably accurate in the short run, which suggests that we may be close to understanding 2020 (even as it draws to a close). We should take projections for 2021 with a few grains of salt. This analysis suggests two challenges for future projections. The first is to improve assumptions about both the spread of the virus and the reactions to it (like vaccine development). But we recognize that this is easier said than done. The virus was raging in April, but its future trajectory remained highly uncertain (as it does now). The second is to seek to improve the quality of the forecasts in low- and middle-income countries. Existing analysis suggests that should be possible. All that said, the assumptions on risks detailed in the forecasting reports, together with the analysis of particular weaknesses of the economies, can prove useful for policymakers needing to make hard choices. Gill writes for Brookings that forecasts during the global financial crisis of 2009 were dire, but that the world bounced back much more quickly than predicted. So perhaps there can be optimism for 2021, with continued, concerted effort to contain the virus and keep economies—including the most vulnerable within them—supported. The order of authors on this blog post was determined by a virtual coin flip. This post benefitted from comments from Amanda Glassman and Justin Sandefur.
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Global Emergency Spill Response Market Professional Survey, Competitive dynamics strategies and Forecasts to 2019-2024
Global Emergency Spill Response Market Strong Development by 2019 Industry Share, Analysis, Research, Demand, Overview, and 2024 Forecast
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Key companies mentioned in Emergency Spill Response Market report include:
Elastec MWCC Clean Harbors Desmi A/S Briggs Marine & Environmental Services Vikoma International Adler and Allan Veolia Environnement OSRL US Ecology
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Oil Spill Market Research and Analysis by Expert: Market Growth, Competitors Analysis and Business Opportunities 2019-2025
Latest Research on Oil Spill Market 2019: The report attempts to offer a high-quality and accurate analysis of the global Oil Spill Market keeping in view market forecasts, competitive intelligence, and technological risks and advancements, and other important subjects. Its carefully crafted market intelligence allows market participants to understand the most significant developments in the global Oil Spill market that are impacting their business. Readers can become aware of crucial opportunities available in the global Oil Spill market as well as key factors driving and arresting market growth. The prime objective of this research report is to define the size of the different segments and the geographies as well as to forecast the trends that are likely to gain traction in the following couple of years. This market research report has been designed to incorporate both the qualitative and quantitative aspects of the industry within each of the regions. The global Oil Spill market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2023 growing at a CAGR during 2019-2025. Get a Sample PDF Report: https://www.acquiremarketresearch.com/sample-request/91141/
Key Companies: Cameron International, Control Flow, National Oilwell Varco, Fender & Spill Response Services, Northern Tanker Company Oy, SkimOil, Hyundai Heavy Industries, GE Oil & Gas, Cosco Shipyard Group, CURA Emergency Services Key Product Type: Pre-Oil Spill, Blowout preventers, Double hulling, Pipeline leak detection, Post-Oil Spill:, Mechanical methods, Chemical and biological, Physical Market by Application: Onshore, Offshore,
Global Oil Spill Market: Regional Segmentation For further clarification, analysts have also segmented the market on the basis of geography. This type of segmentation allows the readers to understand the volatile political scenario in varying geographies and their impact on the global Oil Spill market. On the basis of geography, the global market for a Oil Spill has been segmented into: • North America (United States, Canada, and Mexico) • Europe (Germany, France, UK, Russia, and Italy) • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) • South America (Brazil, Argentina, Colombia, etc.) • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please click Here@ https://www.acquiremarketresearch.com/discount-request/91141/ Key Developments in the Oil Spill Market: Major developments in 2018 covered in the report And the latest major developments in 2019 covered in the report. Reasons to buy: The points that are talked over within the report are the major Oil Spill market players that influence the market such as raw material suppliers, manufacturers, equipment suppliers, end users, traders, distributors, etc. The all-inclusive profile of the companies is specified. The production, price, capacity, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, future strategies, supply, and the technological developments that they are creating are also incorporated within the report. The growth factors of the Oil Spill market are deeply discussed while the different end users of the market are underlined. Data and information by manufacturer, by region, by type, by application and etc., and custom research can be added in line with the specific requirements. The report also considers the SWOT analysis of the market. Finally, the report concludes with the opinions of industry experts. Key Questions Answered: - What will be the size and CAGR of the global Oil Spill market in the next five years? - Which segment will take the lead in the global Oil Spill market? - What does the average manufacturing cost? - What are the key business tactics adopted by top players of the global Oil Spill market? - Which region will secure a lion’s share of the global Oil Spill market? - Which company will show dominance in the global Oil Spill market? Click to view the full report details, Reports TOC, Figure and Tables@ https://www.acquiremarketresearch.com/industry-reports/oil-spill-market/91141/ Acquire Market Research uses trustworthy primary and secondary research sources to compile its reports. It also relies on the latest research techniques to prepare highly detailed and accurate research studies such as this one here. It uses data triangulation, tops down and bottoms up approaches, and advanced research processes to come out with comprehensive and industry-best market research reports If you have any special requirements, please let us know and we will offer you the report as you want.
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This report focuses on detailed segmentations of the market, combined with the qualitative and quantitative analysis of each and every aspect of the classification based on type, spill material, spill environment, vertical, and geography. Based on type, the emergency spill response market has been classified into products and services. The products include booms, skimmers, dispersants and dispersant products, in-situ burning products, sorbents, transfer products, radio communication products, and vacuum products. The services segment has been classified into product rental services, waste management services, manpower training services, transportation and disposal services, spill response drill and exercise services, tracking and surveillance services, risk assessments and analysis services, and other services. Scope of the Report: This report focuses on the Emergency Spill Response in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Market Segment by Manufacturers, this report covers Clean Harbors Veolia Environnement OSRL Desmi A/S US Ecology Briggs Marine & Environmental Services MWCC Elastec Adler and Allan Vikoma International Market Segment by Regions, regional analysis covers North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Market Segment by Type, covers Skimmers Booms Dispersants & Dispersant Products Sorbents Transfer Products Radio Communication Products Others Market Segment by Applications, can be divided into Spills in Water Body Spills on Land There are 15 Chapters to deeply display the global Emergency Spill Response market. Chapter 1, to describe Emergency Spill Response Introduction, product scope, market overview, market opportunities, market risk, market driving force; Chapter 2, to analyze the top manufacturers of Emergency Spill Response, with sales, revenue, and price of Emergency Spill Response, in 2016 and 2017; Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017; Chapter 4, to show the global market by regions, with sales, revenue and market share of Emergency Spill Response, for each region, from 2012 to 2017; Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions; Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2017; Chapter 12, Emergency Spill Response market forecast, by regions, type and application, with sales and revenue, from 2017 to 2022; Chapter 13, 14 and 15, to describe Emergency Spill Response sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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A Commodities Crunch Caused by Stingy Capital Spending Has No Quick Fix
HONG KONG—A yearlong steep climb in commodity prices is testing an economics maxim: High prices cure themselves by spurring supply and quenching demand.
Languishing commodity prices led producers to slash capital spending on major resources by nearly half over the last decade, shrinking stocks of industrial metals to two-decade lows and reducing supplies across commodities. The crunch is now converging with a buying spree in key markets to supercharge prices—and there is no quick fix.
Since 2011, investments to develop the energy and mining sectors have fallen 40%, according to asset manager Schroders, leaving many producers unprepared for a recent boom in manufacturing and spending in the world’s two largest economies. Prices of resources from corn to lumber to battery metals have risen sharply over the past year, in many cases to twice or more from pre-pandemic levels, aided by low interest rates, a weaker dollar and infrastructure building in the U.S. and China.
The consequences of underdeveloped global resources now stoke worries among regulators and companies that producer price inflation—buoyed by demand projections that in key materials stretch decades ahead—is becoming sufficiently broad and prolonged that it spills onto consumer prices. Raw-material shortages sometimes morph into broader market dysfunction that force companies to cut or shut production, as some car makers have done in recent months because of limited semiconductor supply.
“It’s not how much it will cost, it’s whether or not you can get it,” said Tai Wong, analyst at BMO Capital Markets. “It’s like chips—without it, you can’t sell cars.”
Copper, a widely used metal that economists view as a proxy for macroeconomic health, illustrates the long trail of the supply crunch.
From 2011 to mid-2016, there were an average of 3½ months of global copper surpluses and 8½ months of shortages annually, International Copper Study Group data show. From September 2016 onward, the deficits became more frequent, increasing to an annual average of 10 months with two months of surpluses.
A copper refinery in Verkhnyaya Pyshma, Russia.
Photo: Andrey Rudakov/Bloomberg News
Supplies won’t stay uniformly short. Agricultural harvests turn on the weather. Established markets such as crude oil have infrastructure that can readily raise supply. But the lag in capital investments in key new sectors slows their responsiveness to fast-changing demand that requires doubling—or, for some battery metals, tripling—production in coming years, analysts say.
“A lot of ore comes from very remote locations, some in the middle of a desert,” said Peter Gray, director at Perth-based consulting firm Moore Australia. Often, “the cost of building a processing plant where the mine is means it will never get off the ground.”
Justifying the cost and securing funding mean adding time. Three years ago, few investors were interested in Element 25 Ltd. ’s pitch to develop battery-grade manganese, said managing director Justin Brown. The Australian miner is in prime position as the metal has emerged in recent months as an efficient ingredient in rechargeable batteries—but its project still needs at least a year to put new financing, processing and offtake agreements in place.
A battery pack is installed in an electric sport-utility vehicle. Prices of battery metals have risen sharply over the past year.
Photo: Milan Jaros/Bloomberg News
American lumber mills, which can take two years to build, added about 10% to their capacity in the last five years. They haven’t kept up with home-building demand that has roughly doubled lumber prices year-over-year. Global supplies of commodities from platinum to coal fell or flatlined last year from 2019.
Surging Commodities
Related coverage, as selected by the editors
In West Africa, Rio Tinto Ltd.’s Simandou iron mine—a rare case of a single project with enough scale to substantially increase global supply—needs a 400-mile railway to move its metal to port. Production hasn’t begun after more than a decade in development.
Innovations blunt price surges, but not for long. New Chinese smelting techniques slowed nickel price advances early this year, but prices have continued to push upward since. Electric-vehicle makers chasing battery ingredients have pushed nickel and cobalt and other battery-metal prices at least 40% higher year-over-year.
The surges are spurring inflation concerns. Individual commodities are a small part of the final price tag of consumer goods, and aren’t likely on their own to move the price significantly. After soaring 40% year-over-year, cobalt prices still are just 1% of an electric vehicle’s cost. But the broad rallies stoke producer price inflation, a harbinger—though inconsistently so—of consumer inflation. PPI is rising in both the U.S. and China.
“We need to keep prices basically stable, and pay particular attention to commodity price trends,” China’s Vice Premier Liu He said in April when Chinese PPI rose 6.8% year-over-year, the highest in nearly four years.
In the short to medium term, higher commodity prices, instead of triggering the market’s self-regulating mechanism, can beget higher prices as concern about securing tight supplies amplifies purchasing momentum, BMO’s Mr. Wong said.
A shoe factory in Chongqing, China. Chinese exporters this year raised prices on products such as furniture and boots.
Photo: Wang Quanchao/Xinhua/Zuma Press
China’s consumer inflation remained at a relatively low 0.9% in April, but its commodity buying has roiled markets elsewhere. A run on natural gas last winter, caused by huge Chinese purchases, put parts of Japan on the verge of blackouts. Chinese exporters this year raised prices on products such as furniture and boots. U.S. data show prices of imports from China rose 2.1% year-over-year in April, the most since March 2012—due in part to yuan strength against the dollar.
Consumer inflation hinges more on factors including wages and food, economists say. But the persistently high producer prices are coming at a critical juncture: U.S. consumer inflation rose 4.2% in April, the most since 2008. U.S. regulators have played down the increase as due to “transitory” price increases, but analysts say the recent factory-level price shocks underline longer-term risks.
“Although China is not obviously exporting inflation, from a U.S. perspective, rising prices of imports from China may start to feature in the debates about inflation there,” Oxford Economics economist Louis Kuijs said. “If global commodity prices were to continue to rise significantly in the coming six months, inflation will become a significantly larger problem—globally and in China.”
Demand for lumber has skyrocketed during the pandemic, sending prices to all-time highs. This video explains what’s driving the lumber boom, who’s profiting, and why those growing the trees aren’t reaping the benefits. Illustration: Liz Ornitz/WSJ
Write to Chuin-Wei Yap at [email protected]
Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Mercury Analyzer Market Technology Trends and Forecasts to 2018-2026
Global Mercury Analyzer Market: Overview
A mercury analyzer comprises of a critical test process that requires specific standard. It ascertains the achievement of accurate measurements for which all the analyzers must be calibrated. It aids in the detection of mercury in natural gas, liquid as well as solid samples, air, mercury spill emergency response, in workplace mercury monitoring and others. Mercury analyzer serves to be an extremely proficient method to continuously measure the consistency of mercury in dynamic systems such as the environment and industrial plants. As mercury has the ability to adsorb onto most surfaces, every application has its own particular sampling requirements.
The report discusses the mercury analyzer market in terms of its type, end-use, and geography. The mercury analyzer market on the basis of type has been segmented into cold vapor atomic absorption and cold vapor atomic fluorescence. The report further breaks down the market in terms of end-use, such as environmental monitoring, oil and gas, food, petrochemical, and healthcare.
The report offers distinctive perspectives into the analytics, various factors boosting market segments, leading trends, and the vendor landscape of the global mercury analyzer market. The study evaluates the degree of various levels of progress and ongoing models and services foreseen that would affect the market over the forecast period of 2018 and 2026.
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Global Mercury Analyzer Market: Trends and Opportunities
The emergence of stringent environment protection regulations such as United States Environmental Protection Agency (EPA) included EPA Method 245.1 which states determination of mercury in water (drinking, industrial and domestic wastewater, brackish waters) by cold vapor atomic absorption spectrometry. This could help in potable water, resulting in a healthier marine environment. Over the course of the forecast period, the segment of cold vapor atomic absorption analyzers is slated to witness a substantial demand due to its wide acceptance across a number of industries, such as cement, mining, and food, for identifying the total mercury content in a given sample. This is a key factor propelling the growth of the global mercury analyzer market in the coming years.
On the other hand, the steep cost associated with mass spectrometry systems for mercury analysis coupled with the high export barriers for environmental technologies in emerging economies could somewhat hinder the growth of this market in the coming years.
Global Mercury Analyzer Market: Regional Outlook
The global mercury analyzer market is segmented geographically for further analysis into major regions of: North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific is predicted to be leading and the swiftest growing market for mercury analyzers on account of incrementing mercury emission from burgeoning industrialization in the region along with stringent regulations for emission and control of mercury. The rising number of regulations for environment protection, along with active participation of government and regulatory bodies to monitor environmental conditions, are the key factors contributing to growth of the global mercury analyzer market in this region.
Global Mercury Analyzer Market: Competitive Landscape
The global mercury analyzer market currently features consolidation due to the presence of limited number of players that are concentrated in few countries. The prominent vendors are expected to adopt several organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Key players operating in the mercury analyzer market are Teledyne Leeman Labs, Tekran, Thermo Fisher, PerkinElmer, Milestone, Analytik Jena, Nippon Instruments, Hitachi High-Technologies, Mercury Instruments (Germany), and Lumex, among others.
Market segmentation based on geography:
North America
South America
Europe
Asia Pacific
Middle East and Africa
This report gives access to decisive data, such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights of this report include:
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
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Global Emergency Spill Response Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Emergency Spill Response Market 2019-2024 added by DecisionDatabases.com
This report focuses on detailed segmentations of the market, combined with the qualitative and quantitative analysis of each and every aspect of the classification based on type, spill material, spill environment, vertical, and geography. Based on type, the emergency spill response market has been classified into products and services. The products include booms, skimmers, dispersants and dispersant products, in-situ burning products, sorbents, transfer products, radio communication products, and vacuum products. The services segment has been classified into product rental services, waste management services, manpower training services, transportation and disposal services, spill response drill and exercise services, tracking and surveillance services, risk assessments and analysis services, and other services.
The global Emergency Spill Response market is valued at 2530 million USD in 2018 and is expected to reach 3410 million USD by the end of 2024, growing at a CAGR of 5.1% between 2019 and 2024.
This report studies the Emergency Spill Response market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Emergency Spill Response market by product type and applications/end industries.
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Market Segment by Companies, this report covers
Clean Harbors
Veolia Environnement
OSRL
Desmi A/S
US Ecology
Briggs Marine & Environmental Services
MWCC
Elastec
Adler and Allan
Vikoma International
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Skimmers
Booms
Dispersants & Dispersant Products
Sorbents
Transfer Products
Radio Communication Products
Others
Market Segment by Applications, can be divided into
Spills in Water Body
Spills on Land
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There are 14 Chapters to deeply display the global Emergency Spill Response market. 1 Emergency Spill Response Market Overview
2 Manufacturers Profiles
3 Global Emergency Spill Response Market Competition, by Players
4 Global Emergency Spill Response Market Size by Regions
5 North America Emergency Spill Response Revenue by Countries
6 Europe Emergency Spill Response Revenue by Countries
7 Asia-Pacific Emergency Spill Response Revenue by Countries
8 South America Emergency Spill Response Revenue by Countries
9 Middle East and Africa Revenue Emergency Spill Response by Countries
10 Global Emergency Spill Response Market Segment by Type
11 Global Emergency Spill Response Market Segment by Application
12 Global Emergency Spill Response Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
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Offshore Decommissioning Market Size & Share to See Modest Growth Through 2025
The demand within the global offshore decommissioning market is expected to apex to new heights in the years to follow. Advancements in the marine industry are responsible for the growth of this market. Furthermore, the use of offshore decommissioning to maintain sustained and manageable marine traffic has also aided market growth. Ships and vessels become defunct beyond repair after a point in time, and it becomes necessary to replace them with new vessels. Hence, the domain of offshore decommissioning has emerged as a key area of growth within the marine industry. Furthermore, the seriousness shown by port operators to decommission defunct ships has also driven market demand.
Digitalisation of the marine industry has made it easier to understand the workability of ships and vessels. Hence, vessel operators are quick to decide on the need for offshore decommissioning. The total volume of revenues within the offshore decommissioning market is projected to increase alongside improvements in marine services. Companies such as Deloitte offer digital services to convert ports into smart docks.
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Ships and vessels that start consuming increased amount of fuels need to be reconsidered for sailing. Hence, the need for offshore decommissioning has become an important component of the decision-making process in the marine industry. Several experts have extended their opinions on the ratio of decommissioning that should ideally be followed by vessel operators.
Environmental concerns related to the use of excessive number of vessels has also driven market demand. Vessel operators are required to decommission functional ships when the number of ships exceeds the permitted figure. Therefore, the global offshore decommissioning market holds bright prospects for growth and investment in the years to follow. Regions with well-established ports are the largest consumers within the offshore decommissioning market.
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Decommissioning is the last phase of any offshore oil and gas project. The process of decommissioning involves safe plugging of the wellbore in the earth’s surface and disposal of equipment used in offshore oil and gas production. In the Gulf of Mexico, decommissioning of offshore oil and gas platform has become mandatory for oil and gas operator companies. Decommissioning operation helps maintain safety and sanity of the offshore environment. An offshore decommissioning operation requires 10 steps to be followed for successful completion of the project. These 10 steps are project management; engineering; and planning; permitting and regulatory compliance; platform preparation; well plugging and abandonment; conductor removal; mobilization and demobilization of derrick barges; platform removal; pipeline and power cable decommissioning; materials disposal; and site clearance. Companies operating in the decommissioning market either specialize in one of the aspects or may provide complete services mentioned above.
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The offshore decommissioning market can be segmented into two broader areas: decommissioning services or activities; and application in shallow water, deep water, and ultra-deep water.
The major driver for decommissioning market is strengthen & mandatory legal guidelines for offshore oil and gas operations setup by the regulatory bodies of respective nations. Presence of the aging oil reserves and abandoned wells in matured offshore oil fields across the world is another factor driving the decommissioning market. Major potential risk of oil spill or leakage through these abandoned oil and gas wells may cause ocean water pollution, thereby threatening the marine ecosystem. This poses difficulty in cleaning and recovery of oil spill and then decommissioning the well after any such incident. The cost involved in decommissioning of such disturbed oil wells or platforms is high. Technically, this poses various challenges. Discovery and development of new oil reserves in offshore (mostly deep water) areas around the world is another factor boosting the global offshore decommissioning market. New discoveries of offshore oil deposits such as Liza field in Guyana, Offshore Kutch basin in India, and Tupi offshore oil field in Brazil indicate the future oil production opportunity in these offshore fields, which are likely to require decommissioning services after their abandonment.
Recent downturn in prices of oil is expected to be a key restraint to not only exploration and development activities of oil and gas but also decommissioning operations. Decrease in oil prices has caused a continued decline in cash inflow and rise or hike in debt levels could challenge the future of oil and gas industry.
The global offshore decommissioning market is expected to expand in the near future. North America is anticipated to be a major region of this market, owing to the presence of the Gulf of Mexico offshore oil reserves in the region. Europe is also estimated to contribute significantly to the offshore decommissioning market, as its North Sea offshore oilfields are & aging. Latin America has significant undeveloped offshore oil reserves in countries such as Venezuela, Brazil, and Guyana. Thus, the region is likely to be an attractive market for offshore decommissioning in the near future. Middle East & Africa has large fossil fuel wealth; thus, the region is expected to be a major contributor to the decommissioning market. The decommissioning market in Asia Pacific is anticipated to expand at a steady pace during the forecast period.
Key players operating in the decommissioning market are Petrofac Limited, Aker Solutions, TechnipFMC plc., Ramboll Group, Deepocean Group Holding B.V., Amec Foster Wheeler, PLC., AF Gruppen, Claxton Engineering Services, Ltd., DNV GL AS, and Allseas.
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Global Oil Spill Market Growth Statistics, Latest Trends & Future Prospects 2019
Summary - A new “Global Oil Spill Market Data Survey Report 2013-2025”has been featured on WiseGuyReports.
The global Oil Spill market will reach xxx Million USD in 2019 with CAGR xx% 2019-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers profile, products & services, sales data of business Global market size by Major Application Global market size by Major Type Key manufacturers are included based on company profile, sales data and product specifications etc.: Cameron International
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Global market size and forecast Regional market size, production data and export & import Key manufacturers profile, products & services, sales data of business Global market size by Major Application Global market size by Major Type Key manufacturers are included based on company profile, sales data and product specifications etc.: Cameron International Control Flow National Oilwell Varco Fender & Spill Response Services Northern Tanker Company Oy SkimOil Hyundai Heavy Industries GE Oil & Gas Cosco Shipyard Group CURA Emergency Services Major applications as follows: Onshore Offshore Major Type as follows: Pre-Oil Spill Blowout preventers Double hulling Pipeline leak detection Post-Oil Spill: Mechanical methods Chemical and biological Physical Regional market size, production data and export & import: Asia-Pacific North America Europe South America Middle East & Africa
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Regulatory Information Management Market Technological Advancements, Growth Opportunity and Forecast 2018-2026
The regulatory information management market is expected to grow significantly, according to Regulatory Information Management Market Report, by Product Type (Software and Hardware), by End-user Industry (Pharmaceutical Industry, Biotechnology Industry, and Clinical Research Organizations), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) published by Coherent Market Insights.
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Major factors driving growth of the regulatory information management market is regular changes in regulations for pharmaceutical industry, which is propelling various companies in the industry to adopt competent regulatory information management software. The regulatory scenario tends to be complex in nature and is always changing. Therefore, in order to keep up with the updated regulatory norms set by the regulatory authorities and government periodically, key players are focusing on adopting such software, which is expected to aid in growth of the market. According to the European Union Drug Regulating Authorities Pharmacovigilance Medicinal Product Dictionary (EVMPD) regulations, all pharmaceutical companies are adopting updated regulations to manage the drug safety product information, with effect from July 02, 2012.
Development of novel products in the pharmaceutical industry is propelling growth of the market for regulatory information management
Development of novel products in the pharmaceutical sector has driven regulatory authorities to change their regulations accordingly. For instance, a newly found composition of drugs guarantees faster recovery from a particular disease and leaves less harmful effects on the body of the consumer, then the drug regulations are updated in accordance with the same. Also, various components of drugs are later found to be harmful and with major side effects, in such scenarios the drugs or a specific component of it needs to be banned for which regulations must be updated and as a result market for regulatory information management software is witnessing significant traction in various regions.
Key Trends and Analysis of the Global Regulatory Information Management Market:
North America accounted for largest share in the global regulatory information management market in 2017 and is expected to exhibit a significant CAGR during the forecast period. This growth is attributed to growing stringency and strict observance of the regulatory norms for pharmaceutical industries. For instance, The U.S. Food and Drug Administration strictly looks after accelerated approvals, biosimilars, compounding pharmacies, drug shortages, drug imports, and genetic medications among others. This depicts strict vigilance of the government over regulatory scenario in pharmaceutical industry in the U.S.
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Regulatory information management market in Asia Pacific is expected to exhibit a significant CAGR over the forecast period (2018 - 2026). The regulatory information management market in this region is projected to grow significantly by 2026. This is owing to multiple facts such as increasing pharmaceutical sales in countries in the region. For instance, the pharmaceutical sales amounts to 17% of total health expenditure or US$ 78 per person in China, as per International Trade Administration (ITA).
Major players operating in the global regulatory information management market include Acuta, Llc, Parexel, Computer Sciences Corp (CSC), Aris Global, Virtify, Ennov, Amplexor, Samarind Ltd, Dovel Technologies, Inc., and Informa.
The mobile phone accessories market was valued at US$ 72.9 billion in 2017, and is expected to increase to US$ 132.6 billion by 2026, registering a CAGR of 5.8% over the forecast period from 2018 to 2026. Increasing adoption of E-commerce websites and E-banking are responsible for high demand for smartphones worldwide, which is expected to further contribute to growth of the mobile accessories market. For instance, according to India Brand Equity Foundation Organization, in 2016, e-commerce industry in India, generated revenue of US$ 15 billion and is projected to reach US$ 188 billion by 2025.
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The factor responsible for increasing usage of E-commerce websites is high number of internet users and facility of E- commerce websites to offer shopping at anyplace and anytime. For instance, according to the Internet World Stats, total number of internet users in 2016 was 3.18 billion in 2015 and it increased to 3.42 billion in 2016.
Asia Pacific held a dominant position in the mobile accessories market and is expected to exhibit the highest CAGR during the forecasted period. Increasing number of smartphone users in the emerging economies is one of the key factors driving growth of the mobile phone accessories market. For instance, according to the Coherent Market Insights analysis, in China, the number of smartphone users in 2017 was 1.3 billion; while in India the number was close to 530 million. The factors such as high internet usage, switching from conventional brick store business model to e-commerce model, e-banking activities, and engaging in various digital endeavors, and others are responsible for increasing number of smartphone users.
Moreover, increasing trend of online shopping on smartphones is major factor responsible for high demand of smartphones in the U.S. For instance, according to the Coherent Market Insights analysis, in 2012, the U.S. consumers spent US$7.8 billion in retail purchases on their smartphones with an increase to US$60.2 billion in 2016, and is expected to reach US$175.4 billion in 2022. Therefore, such factors are expected to drive growth of the mobile phone accessories in the region over the forecast period.
The protective case segment is expected to witness significant growth with highest CAGR during the forecast period, owing to growing concern of consumers to protect mobile phones from scratches, cracks, water spill, heat, dust particles, and others. Furthermore, the mobile phone protective cases are launched regularly with wide variety of designs along with affordable price. Therefore, the increasing concern of consumers for protecting the mobile from damage will inadvertently force the smartphone manufacturing company to launch their own protective case for mobile. For instance, in May 2018, Oneplus launched a silicon-based mobile protective case for onplus6. Similarly, in August 2018, Nokia Corporation launched the new flip cover for the Nokia 2.1 simply called Nokia Entertainment Flip Cover. This protective case is made from polycarbonate material and offers maximum durability.
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Major players operating in the global mobile phone accessories market include, Samsung Electronics Co., Ltd, Sony Corporation , Panasonic Corporation, Apple Inc., JVC Kenwood Corporation, Plantronics, Inc., Bose Corporation, Griffin Technology , Otter Products, LLC, Sennheiser Electronics GmbH & Co. KG
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