Global Wood Plastic Composite (WPC) Floorings Market Size study, by Type, Application and Regional Forecasts 2020-2027

WiseGuyReports.com adds “Global Wood Plastic Composite (WPC) Floorings Market Research Report 2020 Analysis and Forecast 2027” reports to its database.

PUNE, MAHARASTRA, INDIA, November 27, 2020 /EINPresswire.com/ — Wood Plastic Composite (WPC) Floorings Market:

Executive Summary

Global Wood Plastic Composite (WPC) Floorings Market is valued approximately USD 1.72 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.20 % over the forecast period 2020-2027. Wood Plastic Composite Floorings offers properties such as high durability, water resistance, Shear Strength and flexibility. The rising demand for sustainable construction materials drives the market for WPC floorings. Further rising construction activities in the Residential and commercial sectors augment the market growth. As per State of Nation’s Housing 2018 report by Housing Studies of Harvard University, in California alone, 180,000 housing units are required annually to keep the pace with population needs and only 80,000 housing units come online. The area falls another 100,000 housing units per year providing a wide scope for prefabricated building in the region. Moreover, the hospitality sector demonstrated an increase of 16.8% in total modules manufactured in 2018. Also, increasing renovation works and repair activities in the residential sector owing to the changing living standards and rising disposable income support the market growth. Moreover, growth in modular construction which uses new construction materials fosters the market growth. As per Federal Association of German Prefabricated Construction (BDF) for the first tinetime in Germany, the Prefabricated method of construction exceed the mark of 20% in 2019. As the prefabricated construction rate was 19.5 in 2018 which increased to 20.8% in 2019. This increase is the result of increasing residential construction in the country as more Germans decided to build one or two- family houses in 2019 which is evident from the house approvals in the country. A total of 101,569 new single and two-family houses were approved in the year 2019 and of those houses 21,171 were Prefabricated houses. Further, multi-family houses also significantly influenced the market growth with 17,689 apartment buildings being approved in 2019 of which 743 were Prefabricated. Also, swelling investments in infrastructure and real estate sector increases the demand for WPC Floorings. Increasing consumer awareness regarding environment and consumer preference towards green buildings and demand for bio plastics across the globe boosts the market growth. However rising cost of raw material lack of regulations and common standards and slow integration impedes the growth of the market over the forecast period of 2020-2027.

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The regional analysis of global Wood Plastic Composite (WPC) Floorings market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the string demand in domestic construction projects and presence of major market players. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as growing investments in infrastructure would create lucrative growth prospects for the Wood Plastic Composite (WPC) Floorings market across Asia-Pacific region.

Major market player included in this report are:
Coretec
Mannington Mills
Earthwerks
Armstrong Flooring
Pro-Tek
Parterre Flooring
Shanghai SevenTrust Company Co. Ltd.
Oakio
Spectra Contract Flooring
Tecnodeck

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Thickness:
4mm
5mm
5.5mm
6.5 mm
8mm

By End Use Sector:
Commercial Buildings
Residential Buildings
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Wood Plastic Composite (WPC) Floorings Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Continuous…

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NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

NORAH TRENT
Wise Guy Reports
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Source: EIN Presswire

Illusion Islands starts pre production for their next feature film

Illusion Islands continues their growing partnership with Ayiyi Productions as they join forces again for another Hollywood movie.

Don't do business, make friends.”

— Jack Cook

LOS ANGELES, CA, USA, November 26, 2020 /EINPresswire.com/ — Illusion Islands and Ayiyi Productions worked together on, The Private Eye. The two production companies recently announced they will be partnering on a new movie project with plans to begin principal photography around the start of the new year.

The feature film is kept under wraps and as of now is untitled to the public. What we do know is the movie will be starring Elliot and Alex Kaginaris. The movie will be directed by Jack Cook and produced by Hope Ayiyi. The plot description is as follows: An Actor moves to Hollywood in search of fame and glory but instead finds pain. The Actor then turns his pain into fame and glory.

Director Jack Cook states, "I'm excited to announce the casting of this project. I've always enjoyed movies that use Cinema to create a social experiment with the audience without giving too much away. That is my goal with this untitled project".

Illusion Islands is holding a virtual open call: Actors and actresses that want to audition for a role in the movie should visit this website: https://www.illusionislands.com/ and click CASTING at the top of the page. Once you video tape your audition and upload it to YouTube, email the link to:
we@illusionislands.com

The casting is open to the world and not restricted to the United States alone.

More info and updates can be found on these websites:

https://m.imdb.com/title/tt12525070/?ref_=m_nmfmd_dr_1
https://www.illusionislands.com/
https://www.ayiyiproductions.com/

Illusion Islands
Illusion Islands
+1 818-650-7593
email us here


Source: EIN Presswire

Do Canadian Zero-Till Farmland Portfolios Meet ESG Mandates?

As a number of investors move to ESG mandates there is a need to find assets which are ESG compliance while providing suitable risk adjusted returns.

CALGARY, AB, CANADA, November 26, 2020 /EINPresswire.com/ — As a growing number of investors move to ESG driven mandates there is a pressing requirement to find assets and strategies which contribute to ESG compliance while still providing suitable risk adjusted return prospects.

One such strategy to consider is Canadian farmland, where zero-till farming is a common practice. Zero-till involves eliminating all or many tillage operations, and placing seed, fertilizer, or manure with minimal soil disturbance. There are several features of zero-till that contribute to ESG, including:

Reduced Fuel Consumption: The practice of zero-till has been shown to require less than one-third of the fuel per acre of conventional tillage.

Reduced Erosion: By leaving crop residue on the soil’s surface during periods in which no crops are growing, it is possible to reduce erosion. As a result, zero-till is estimated to have 10-20 times less erosion than conventional tillage.

Improved Water Retention: Crop stubble and residue helps soil retain moisture, instead of evaporating at the surface.

Reduced Compaction: Farm equipment is heavy and by reducing the amount of equipment passes, soil compaction is significantly reduced.

Carbon Sequestration: Research has shown that zero-till farming practices have contributed to increasing the carbon sequestration of prairie farmland by 400% since the mid-1990s. Research shows prairie farms are now storing more carbon than they emit and that Canadian cropland can sequester as much as 22 million tonnes of atmospheric carbon dioxide per year by using best management practices such as zero-tillage.

Who is Veripath: Veripath is a Canadian alternative investment firm. Members of Veripath’s management team have decades of farmland, private equity, and private credit investment experience. Veripath implements its farmland strategy in a way that seeks to preserve as far as possible farmland’s low-volatility return profile – the attribute that generates a material portion of Canadian farmland’s superior risk adjusted returns. Veripath does this by seeking to minimize operational, weather, geographic and business-related risks – and capture the pure return from land appreciation. Veripath holds over 32,000 acres in its portfolio and has experienced rapid growth as capital providers seek exposure to the Canadian farmland asset class. Veripath’s offerings can be accessed through several full-service Canadian broker dealers and on the Deal Square electronic order processing platform. Utilising a unique split fund, evergreen structure, Veripath opens the Canadian farmland thesis to the largest possible universe of investors and for the first time makes compliance with the various provincial farmland ownership regulations simple and straightforward. Canadian farmland allocations have several compelling characteristics that make them a worthwhile portfolio allocation for both institutional and retail investors and Veripath’s structures are available to both. For more information on Veripath please feel free to register online at www.veripathfarmland.com or call 587-390-8267.

Disclaimer: This article is only an expression of our opinions on the subject matter set forth herein and includes information from, or data derived from, public third party sources including commentaries, articles, industry publications, reports and research papers. Veripath has not independently verified the accuracy, currency, or completeness of any of the information and data contained in this article which is derived from such third-party sources. While we have a good-faith belief in the accuracy of what we write, all such information is presented “as is,” without warranty of any kind, whether express or implied. The use made of the commentary set forth in this article is solely at the risk of the user of this information. This article is intended only as general information presented for the convenience of the reader and should not in any way be construed as advice of any kind, investment or otherwise.

Veripath Farmland Funds
Veripath Farmland LP
+1 5873908267
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Source: EIN Presswire

At 11.1% Growth Rate, Solar Tracker Installation Market Will Surpass $379.2 billion by 2026

Global Solar Tracker Installation Market 2019-2026: Business Development and Growth Opportunities by Industry Expert

PORTLAND, OREGON, UNITED STATES, November 26, 2020 /EINPresswire.com/ — Global Solar tracker installation market was valued at $162.7 billion in 2018 and is projected to reach $379.2 billion by 2026, growing at a CAGR of 11.1% from 2019 to 2026. Trackers are responsible for focusing solar panels or modules toward the sun. These gadgets change their direction to pursue the sun's rays to increase energy capture. In photovoltaic frameworks, trackers help maximize the angle of incidence (the edge that a beam of light makes with a line opposite to the surface) between the approaching light and the board. Concentrated solar photovoltaics and concentrated sun-powered cells have optics that focus the sunlight, so solar trackers must be placed accurately to achieve maximum sunlight.

The key factors that drive the growth of this market include increase in installation of solar panels across the globe. This is increasing the demand for solar tracker to direct sunlight toward the panels. Hence, it is expected that with an increase in solar installation, the demand for solar tracker will increase significantly. This in turn will drive the growth of the global solar tracker installation market. In addition, other factors such as environmental pollution, rising price of fuels, and growing awareness among people regarding clean energy are also expected to fuel the demand for solar panels and in turn solar trackers during the forecast period.

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The solar tracker installation market is fragmented based on type, application, and region. Based on type, the market is segmented into dual axis and single axis. The single axis tracker segment was the highest contributor to the market and is expected to grow with a CAGR of 10.8% during the forecast period. Single-axis solar trackers have both horizontal and vertical axis. The horizontal type of single-axis tracker is used increasingly in tropical regions where the sunlight is bright at noon, but the days are short. The vertical type of single-axis tracker is used increasingly in high latitudes where the sun does not get very high; however, summer days can be very long. The growing use of single-axis tracker in both tropical region and high-altitude region is expected to drive the growth of the market.

The dual axis tracker segment is estimated to grow with the highest CAGR of 12.1%. The growing use of dual-axis trackers in Concentrated Solar Power (CSP) applications is expected to drive the growth of the market. CSP application utilizes dual axis tracking for achieving maximum sunlight to drive devices using high power.

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In terms of application, the market is fragmented into residential, commercial, and industrial. The industrial segment was the highest contributor to the market and is expected to continue its dominance during the forecast period. Industrial processes use hot water to clean industrial equipment and machinery. Some sectors, including beverage bottling plants, for example, require very large quantities of hot water for both production and maintenance of all the above purposes, industries are leveraging solar technology to achieve efficiency and cost saving. As industries are utilizing solar technology, solar tracker is also playing an important role. A solar tracker is employed in solar panels to orient payload towards sun.

Region wise, the market is examined across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor. Asia-Pacific and North America collectively accounted for around 83.9% share in 2018, with the former constituting around 68.6% share.

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The key players involved in the market include Abengoa SE, First Solar, Inc., Tata Power Solar Systems Limited, Trina Solar Co. Ltd., BrightSource Energy, Inc., Siemens AG, PVHardware, Arctech Solar, and NEXTracker. To compete against each other, these market players are implementing certain strategies. These strategies include product launch, partnership, acquisition, and research & development. In an instance, Arctech Solar has recently launched its SkySmart-2 tracking system. It is a single axis 2P (two modules in portrait) tracking system, which offers maximum energy efficiency.

Key Findings of the Study:
• In 2018, the Asia-Pacific market held a share of over 68.6% in the solar tracker installation market size.
• The industrial segment is expected to hold a dominant position in the solar tracker installation market share during the forecast period.
• The dual axis segment is projected to grow at a CAGR of 12.1% by 2026.
• The single axis tracker dominated the solar tracker installation market in 2018 and is expected to grow with the CAGR of 10.8% during the forecast period.
• The qualitative data in the report aims on the solar tracker installation market trends, dynamics, and developments in the solar tracker installation industry while the quantitative data provides information regarding the market share and market size in terms of revenue and volume.

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Source: EIN Presswire

COVID-19 hits trust and hope

Echo Research’s latest report “About Trust and Expectations in the Time of COVID-19” is now available to download.

LONDON, UNITED KINGDOM, November 26, 2020 /EINPresswire.com/ — COVID-19 has dented the general public’s perceptions of trust in the US and the UK. While down on 2019, some 65% of people still trust small businesses, way ahead of Government which remains at a consistently low 32%, according to a special study conducted by Echo Research on trust and expectations.

Echo Research, conducted an integrated study of trust and expectations amid the coronavirus pandemic that consisted of 300 FTSE c-suite business leaders and financial analysts, 1,000 members of the general public in UK and US and global social listening to assess trends, media sentiment and key influencers on COVID and business analysing 7.1m social media and online items.

The Echo study found that few trust the Government to get the response to COVID-19 right, with Americans at 33% slightly more supportive of the Trump administration’s COVID management than Briton’s 27% belief in Boris Johnson’s government’s handling of the pandemic Gen-Z (those aged 18-24) in the UK are by far the least trusting of the Government at 17% compared to 38% among their US cohorts, perhaps reflecting anger of the UK’s A-level results mismanagement and greatest concern for their future.

In all, 49% of UK adults say they are confused about the rules of COVID compliance, compared to 31% across the US.

Contrary to what might be expected, the researchers also found that focus on climate change has not slipped, as the majority of adults agree that they are changing their behaviour to lessen their impact on the environment – 62% of adults in the US and 52% of adults in the UK. And nearly half (47%) of all UK business leaders surveyed say they are addressing climate change actions.

Although companies have put culture as the number one learning from the pandemic, most people disagree that employers are thinking of people more – just under half (48%) in the US agree that that employers are thinking of people more, while only 36% in the UK feel that way.

Echo Research’s report showed that while the flexibility of remote working has been welcomed, the fairness of furlough continues to be questioned in online discussions and media. It concluded that nearly two thirds of adults polled do not believe that society will change for the better as a result of COVID-19.

The study, “About Trust and Expectations in the Time of COVID-19” is freely available to download from Echo Research’s website, please click here.

Background – Echo Research is an international market research company providing brand and reputation insights to drive performance improvement and transformation. It runs Britain’s Most Admired Companies study, the longest survey of corporate reputation in the country, and has served over 500 clients spanning all sectors since its inception in 1990.

Regine Raule
Echo Research
regine.raule@echoresearch.com
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Source: EIN Presswire

SocialBox.Biz’s Collects Donated Desktop Computers from Young & Co.'s Brewery P.L.C. for Age UK London & Wandsworth

Age UK Wandsworth - IT Shed Project

Age UK Wandsworth – IT Shed Project

“We are encouraging any business and organisation reading this to consider reusing your outdated no longer needed but still useful tech on an ongoing basis via our initiative from SocialBox.Biz….”

— Peter Paduh, SocialBox.Biz Founder

LONDON, UNITED KINGDOM, November 26, 2020 /EINPresswire.com/ — SocialBox.Biz, a London-based social business venture that partners with companies and organizations to take outdated laptops and tablets and rehome them to those in need with open source software, this week announced they are accepting desktop computer donations by Young's in an effort to help the elderly.

Young's has been the heart of the community in Wandsworth since 1831 and has worked with SocialBox.Biz in the past to donate tablet computers for homeless youth and pensioners. They are now shifting their focus to desktop computers for older people in isolation.

Providing the desktop computers to Age UK Wansdworth and Age UK London for elderly computer training and coordination, Young's Corporate Social Responsibility and overall community impact is making London a better place.

Young's has worked with SocialBox.Biz in the past to donate tablet computers for homeless youth and pensioners. They are now shifting their focus to desktop computers for older people in isolation.

Beyond helping elderly isolation due to COVID-19 and unemployment, donated laptop and desktop computers are a sustainable investment in local communities that every company, platform, and institution should consider emulating. It can become part of anyone’s business culture.

“We couldn’t do this without our partners said Peter Paduh. “We are encouraging any business and organisation reading this to consider reusing your outdated no longer needed but still useful tech on an ongoing basis via our initiative from SocialBox.Biz. We wipe them clean and change lives in the most amazing way using unneeded items in a sustainable way. Spread the word today.”

For more information, visit: socialbox.biz.

SocialBox.Biz is a Community Interest Company (CIC) that works to improve the local community by providing innovative technology solutions.

peter paduh
SocialBox.Biz Community Interest Company
+44 843 289 5722
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Source: EIN Presswire

Personal care company Vasarii will be releasing a natural spray-on deodorant in 2021

Josh Spilewsk – Vasarii Founder

The eco friendly company will be releasing a second deodorant for their product line.

BOSTON, MA, USA, November 25, 2020 /EINPresswire.com/ — The American personal care & cosmetics company Vasarii will be releasing their second deodorant which will be a spray-on. They currently have a mineral salt stick deodorant called nakd. Thai Crystal Deodorant, which has become successful in such a short amount of time amongst socially conscious consumers.

The company announced, “We will be releasing a spray version of our mineral salt deodorant in January 2021. This will expand our product line and help serve more people who are looking for an effective natural deodorant.”

Vasarii has focused on selling products that are cruelty-free, all natural and environmentally friendly. Their current mineral salt stick deodorant doesn’t include any chemicals or adverse aluminium, but instead uses 100% natural mineral salts that are sourced from Thailand. Their packaging is also recyclable and they do not test on animals.

The spray-on deodorant will be exactly the same, and it will allow consumers who prefer this method of applying their deodorant. The company stated, “At Vasarii we believe that all personal care products created should be cruelty-free, all natural and environmentally friendly.”

Just like their mineral salt stick deodorant, the spray-on deodorant will also be made in Thailand and be made of the same all natural mineral salts. Their deodorant is unscented and is easy to apply. After taking a shower and applying, it can prevent any bacteria from growing that causes odor for up to 24 hours.

nakd. Thai Crystal Deodorant is known to have effective results that can protect your armpits for 24 hours, without leaving any stains on your clothing. It is also suitable for people with sensitive skin, since the deodorant doesn’t have any harmful fragrances that can cause irritation to the skin.

Vasarii has successfully created a line of deodorants that actually help fight against BO, which is a certain scent that is produced from the sweat glands because of bacteria build up. The deodorants that they sell help unclog pores, leaving armpits smelling fresh.

The small company wishes to expand eventually and become as big as Unilever or Procter and Gamble, except they will only sell environmentally friendly products that are cruelty free and all natural. Vasarii is currently headquartered in Boston and has an online ECommerce store where shoppers can buy their products directly from there. They also have a huge fan base on their social media platforms, including Instagram, Twitter and Facebook.

Vasarii is a $500 startup company that is now doing over six figures in annual revenue. It is trending in the sustainable business industry and is run by a team of experts who have knowledge and experience about using naturally resourced alternative materials. The company has stated, “We are thankful for our customers for trusting our products and understanding that they’re having a positive impact on our environment.”

This personal care and health company is also known to have a major philanthropic side, since they donate 10% of their profits to charities each year. They have donated to several charities so far and even allow their customers to vote for the charities that they can donate to. The charities that they have chosen to give back to are ones that are involved in afforestation, protecting marine habitats, running animal sanctuaries and even helping refugee children.

The founder of the company has traveled around the world and met different people, which is where he learnt that the communities in Thailand use natural ingredients that are known to be remedies too. Most of the charities that the company donates to are located in Thailand. The company stated, “we believe in giving back to communities, it is what we stand for.”

The company was founded in 2018 by Joshua Spilweski, who grew up with experiences and knowledge about sustainability. Vasarii was open for business in August 2019, with their nakd. Thai Crystal Deodorant being the first in their product line. The founder stated that, “I founded the company in July 2018 and we first started selling our deodorant in 2019. I’ve bootstrapped the whole business and started it from scratch.” The company will continue to work on developing more cruelty-free, all natural and environmentally friendly products in the near future that many consumers can benefit from.

Adriaan Brits (Press Agent)
Vasarii
+44 20 3287 1724
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Source: EIN Presswire

Heavy Equipment, Truck and Vehicle Consignment Auction set by Assiter Auctioneers

heavy equipment, contractor equipment, vehicles, trucks, recreational vehicles, agricultural machinery, trailers and much more

2005 Freightliner Business Class M2 Service Bucket

heavy equipment, contractor equipment, vehicles, trucks, recreational vehicles, agricultural machinery, trailers and much more

Caterpillar 416D Loader/Backhoe

heavy equipment, contractor equipment, vehicles, trucks, recreational vehicles, agricultural machinery, trailers and much more

2012 Ford F250 Super Duty Pickup Truck

The Dec. Assiter Heavy Equipment Auction is a great opportunity to the purchase and sell equipment to be ready for the upcoming spring and maybe even help with your taxes before the end of the year.”

— Spanky Assiter

CANYON, TX, UNITED STATES, November 25, 2020 /EINPresswire.com/ — Assiter Auctioneers (www.assiter.com) announces their heavy equipment, truck and vehicle consignment auction on Friday, December 4th at 10 am according to Spanky Assiter, president of the company.

“This auction includes consignments from the City of Amarillo, XCEL Energy, US Bankruptcy Courts, Banks, Credit Unions, Corporations, Companies, Individual Consigners and many others,” said Assiter. “The December Assiter Heavy Equipment Auction is a great opportunity to the purchase and sell equipment to be ready for the upcoming spring and maybe even help with your taxes before the end of the year. Make plans to bid.”

The December 4th auction features heavy equipment, contractor equipment, vehicles, trucks, recreational vehicles, agricultural machinery, trailers and much more,” said Daniel Pruitt, Assiter Auctioneers auction coordinator.

The complete auction catalog and information about the auction can be found at www.Assiter.com. Notable consignments include the following and many more:
– 2014 JCB 506C Telehandler
– Caterpillar 416D Loader/Backhoe
– Ditch Witch 1820 Walk-Behind Trencher
– 2009 Kenworth Day Cab Truck Tractor
– 2005 Volvo Sleeper Cab Truck Tractor
– 2005 Freightliner Business Class M2 Service Bucket
– 2012 Ford F250 Super Duty Pickup Truck
– 1966 Chevrolet Impala 2 Door Sedan
– 1983 Gazelle 2 Door Coupe
– Clifton Metal Products Material Trailer
– 66" Tomahawk Skid Steer Bucket

For more information about consigning to this auction or the auction in general, call Daniel Pruitt (615.767.6375) or Assiter Auctioneers (806.655.3900 or toll free 800.283.8005) or visit www.assiter.com.

Assiter Auctioneers, based in Canyon, Texas, specializes in the sale of residential and commercial real estate, heavy equipment, trucks, vehicles, farm machinery and other assets including estate sales through live and online auctions.

# # #

About Assiter Auctioneers
Assiter Auctioneers specializes in the sale of residential and commercial real estate, heavy equipment, trucks, vehicles, farm machinery and other assets including estate sales through live and online auctions. Headquarters in Canyon, TX, our highly experienced marketing staff and internationally award-winning auctioneers know that every auction is unique and conduct skillfully managed, highly professional events while ensuring that our clients receive the results they desire. Are you thinking of selling? For more information about Assiter Auctioneers, visit www.assiter.com or call 806.655.3900 or toll free 800.283.8005.

Daniel Pruitt
Assister Auctioneers
+1 615-767-6375
info@assiter.com


Source: EIN Presswire

Metal Recycling Market Expected to Grow $446,472 million, at a CAGR of 4.5% by 2022

Global Metal Recycling Market 2014-2022: Business Development and Growth Opportunities by Industry Expert

PORTLAND, OREGON, UNITED STATES, November 26, 2020 /EINPresswire.com/ — Global Metal Recycling Market would reach USD 446,472 million, registering a CAGR of 4.5% during the period 2016 – 2022. Moreover, Asia-Pacific is expected to dominate the global market throughout the analysis period, registering a notable CAGR of 5.2%. High rate of obsolescence, increase in energy savings with decreased GHG levels, accelerated industrialization and urbanization, and increased consumer awareness have driven the market growth. However, unorganized flow of waste metals and less scrap collection zones could have an adverse effect on the market.

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The Asia-Pacific region is likely to dominate the metal recycling market throughout the analysis period. Increase in urban population in China and India, growth in infrastructure construction and automotive industry, and increase in environmental consciousness among individuals are some of the factors that have strengthened the growth of Asia-Pacific metal recycling market. Moreover, according to the Bureau of International Recycling (BIR), Asia produces more than 70% of stainless steel. Therefore, the region is anticipated to generate $212,118 million by 2022 and is estimated to grow at a significant CAGR of 5.2% during the forecast period.

The metal recycling reduces future scarcity of high-value resources, generates economic value, minimizes greenhouse gas emission levels, and limits other environmental damage. Therefore, various government initiatives have also been undertaken for creating a conducive environment for recycling metal waste. For instance, in Japan under home appliances recycling law, the consumers of appliances such as refrigerators, air conditioners, and washing machines should dispose them to retailers or scrap traders for further recycling. In terms of scrap metal, market is classified into ferrous metals and non-ferrous metals. Some of the sources of scrap include automobiles, railroad tracks, ships, household appliances, and consumer electronics. Ferrous metals are expected to generate $252,117 million, dominating the market during the forecast period. However, non-ferrous metals are the fastest growing segment and is anticipated to grow at a CAGR of 4.9% by 2022. According to European Aluminum Foil Association (EAFA), the recycling rate of aluminum closures in Europe has increased to more than 50% owing to the collection and recycling schemes.

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Metal recycling market is segmented based on metal type, end-user industry and geography. By metal type, the market is classified into ferrous and non-ferrous metals. Ferrous metals generated the highest revenue owing to high scrap consumption and its recycling rate.

Based on end-user industry, the market is segmented into building & construction, packaging, automotive, shipbuilding, electronics & electrical equipment and others. Building & construction was the highest revenue generating end-user industry as the sector generates high metal waste owing to increased demolition rate. However, electronics contain heavy and high valued metals, such as lead, copper, gold, and aluminum and its recycling ensures natural resources conversation. Therefore, electronics & electrical equipment industry is the fastest growing sector during the forecast period.

The market has been analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific contributed the highest revenue to the global market in 2014, and is expected to maintain its dominate during the forecast period.

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The key market players profiled in the report include ArcelorMittal, Commercial Metals Company, Sims Metal Management Limited, Nucor Corporation, Aurubis, European Metal Recycling Limited, Schnitzer Steel, Dowa Holdings Co., Ltd., OmniSource Corporation, Tata Steel.

Key Findings of the Metal Recycling Market:

• North America is projected to be the second fastest growing region, in terms of revenue, registering a CAGR of 4.6% during the forecast period.
• Building & construction industry, being one of the highest producers of waste material, had witnessed significant growth in 2014, and is anticipated to dominate the global market growing at the highest CAGR of 3.9%.
• Ferrous metal was the highest revenue contributor to the global market, with 57.6% share in 2014, and is expected to maintain its dominance throughout the forecast period.
• Market players have focused on adopting various strategies such as product launch, acquisition, and product innovation to expand their market outreach. For instance, on June 9, 2016, Nucor Corporation formed a joint venture with JFE Steel Corporation of Japan, to manage a plant in central Mexico for manufacturing and supply of galvanized sheet steel to the automobile industry. This joint venture helped Nucor Corporation to increase sales in the automotive market of Mexico.

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Source: EIN Presswire

Water Quality Monitor Systems Market Emerging Trends with Impact of COIV-19 and Growth Projections by 2025

Global Water Quality Monitor Systems 2018-2025: Business Development and Growth Opportunities by Industry Expert

PORTLAND, OREGON, UNITED STATES, November 26, 2020 /EINPresswire.com/ — Global Water Quality Monitoring Systems Market was valued at $3,815.9 million in 2017 and is expected to reach $6,692.3 million by 2025, growing at a CAGR of 7.3% from 2018 to 2025. The pH sensors segment dominated the global market in terms of revenue, accounting for more than 30.9% share in 2018 and is expected to witness significant growth during the forecast period.

Water quality monitoring system is a process of monitoring and sampling water quality. It includes measuring and analyzing various pollutants such as oils, petrochemicals, asbestos, lead, mercury, phosphates, and nitrates. These systems are implemented in quality estimation of groundwater, drinking water, wastewater, aquaculture, and laboratory applications. The water quality monitoring system consists of sensors such as temperature sensor, pH sensor, dissolved oxygen, and turbidity sensor, which detect the parameters related to pollutants. These sensors are used to identify pH, inorganic compounds, organic materials, and other pollutants.

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The growth of the global water quality monitoring systems market is driven by rise in awareness about clean water in urban population. Increase in prevalence of waterborne diseases boosts the demand for water quality monitor systems across the world. Thus, these factors are anticipated to provide potential opportunities for the key players operating in the market. However, water quality monitoring equipment is expensive, and its maintenance & operation costs are very high. Lack of understanding and awareness about contaminated water in rural places restricts the growth of the global water quality monitoring systems market. Rise in disposable income of consumers increases the development opportunities in this market.

The pH sensor segment contributed nearly one-third of the total market share in 2017 and is expected to maintain its lion's share through 2025. Moreover, this segment would register the highest CAGR of 7.7% from 2018 to 2025, owing to the applicability of pH sensors in a wide range of applications in various sectors. The market research report also offers detailed analysis of several components including DO sensors, temperature sensors, turbidity sensors, and others.

Based on application, the residential segment is expected to account for the highest CAGR in the global market during the forecast period owing to increase in government initiatives in the Asia-Pacific region. Based on component, the pH sensor segment is expected to account for a maximum share, growing at a significant CAGR during the forecast period. This is attributed to the decline in cost of sensors, which in turn has propelled their adoption in residential and commercial segments.

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Utilities segment accounted for nearly half of the total market share in 2017 and will continue to be the largest revenue contributor throughout the forecast period, owing to their growing demand in storage, transportation, and treatment processes. However, the residential segment would grow at the fastest CAGR of 8.3% from 2018 to 2025, owing to the rising pollution of drinking water and increasing prevalence waterborne diseases. The other end users analyzed in the research include industrial and commercial segments.

North America is the highest contributor to the global water quality monitoring systems market in terms of revenue in 2018 and is expected to maintain its dominance during the forecast period, owing to use of modern technologies, presence of developed economies, and increase in manufacturing and industrial activities.

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Prominent players, such as Danaher Corporation, Evoqua Water Technologies, General Electric Company, Horiba, Ltd., OAKTON Instruments, Pentair, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Uponor, and Xylem Inc., have adopted new product launch as their key strategy to expand their market foothold.

Key Findings of the Water Quality Monitoring Systems Market :
• In 2017, the pH sensor segment dominated the global water quality monitoring systems market, in terms of revenue, and is projected to grow at a CAGR of 7.7% during the forecast period.
• The DO sensor segment is anticipated to grow at a CAGR of 7.3% during the forecast period.
• Based on application, the residential segment is projected to grow at a highest CAGR of 8.3% during the forecast period.
• Asia-Pacific generated $732.3 million revenue in 2017 and is anticipated to grow at a significant CAGR.
• Asia-Pacific is estimated to exhibit the highest CAGR during the forecast period. Countries, such as China, Japan, South Korea, and India are expected to drive the Asia-Pacific water quality monitoring systems market during the forecast period.

Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
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Allied Analytics LLP
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Source: EIN Presswire