Trade

• [New] The growing demand of greenhouse films globally is anticipated to play a key role in driving the UV stabilizers market during the forecast period. / IndustryARC
• [New] A huge share of refurbished car sales market demand is sourced by the premium vehicle category that is driving the global market with a CAGR of 11.71% during the forecast period 2019-2025. / IndustryARC
• [New] The demand for tires in the U.S. is poised to grow at a compound annual growth rate of 2.12% during the forecast period 2019-2025. / IndustryARC
• [New] Strategy Analytics expects the global penetration of the distance warning feature to reach 76% of light duty vehicles in 2025. / HERE 360
• [New] Sustained pricing momentum in commercial lines resulted in a 12% renewal rate increase within Global Risk Solutions, while expense management combined with strong premium growth drove a one point reduction in the expense ratio to 29.5%. / Insurance Business
• [New] With forecasts projecting video to reach 82% of total global internet traffic by 2022, there is growing awareness of its carbon footprint, with research indicating that it already contributes to more than 1% of global emissions. / London Business News | Londonlovesbusiness.com
• [New] The global needle coke market is expected to grow at a CAGR of 6% in the forecast period of 2021-2026. / Expert Market Research
• [New] Global demand for livestock products is expected to double by 2050, mainly due to improvement in the worldwide standard of living. / Science Direct
• [New] Factors like improving the global economy, expanding working population, rising domestic demand for ready-to-eat & convenience food products are expected to boost the corrugated bulk bins market. / GlobeNewswire News Room
• [New] The APAC region is expected to own the highest share in the corrugated bulk bins market over the forecast period. / GlobeNewswire News Room
• [New] While there are no exact numbers available of how many children have been born from surrogacy worldwide, it is currently a global industry that is projected to grow to over $20 billion within the next few years. / The Heritage Foundation
• [New] With the rising per capita health expenditure in the U.S., the demand for medical devices is expected to increase significantly over the coming years. / grandviewresearch
• [New] The global healthcare automatic identification and data capture market size was valued at USD 14.9 billion in 2020 and is expected to expand at a compound annual growth rate of 22.3% from 2021 to 2028. / grandviewresearch
• [New] Although copper prices are expected to continue their upward trajectory, Bank of America does not expect that higher prices will impact global economic growth. / Kitco News
• [New] Domestic grain prices will likely not be reflective of the expected large harvest because of generally higher global grains prices, which continue to support the domestic market. / Farming Portal
• [New] When harvesting gains momentum, the expected large harvest could add downward pressure on domestic maize prices, although marginal because the higher global maize market remains supportive of domestic prices. / Farming Portal
• [New] Most of the global chip developers and manufacturers will currently still have to side with the U.S., as American technologies still prevail in their products or services. / Nikkei Asia
• [New] The U.S. expects China to buy more chips as promised in recent trade talks but has also continued restricting its use of American technologies. / Nikkei Asia
• [New] YMTC would take 3.8% of the global market share in NAND flash memory for 2021 and likely grow its share to 6.7% in 2022 - a precipitous climb, considering it was close to zero two years ago. / Nikkei Asia
• [New] A global chip shortage has swept many industries partly due to panic buying by Chinese companies, spooked by the risk of U.S. sanctions. / Nikkei Asia
• [New] With high prices incentivising recycled metal supply and China now allowing imports of the reclassified resource, scrap flows can be expected to continue trending higher. / U.S.
• [New] The market expansion and global growth in demand for wind turbines, solar PV panels, and smart energy technologies is a key opportunity, as greater scale should bring lower energy costs for industry as well as society at large. / Europa
• [New] The demand spike led to a global container shortage that is expected to persist through 2022, which means companies that make or lease containers to shipping lines are also benefiting. / Axios

Last updated: 09 May 2021