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29 Apr 2021  |  Asia Pacific  |  Market Research

Disruptive COVID-19 Influencing Malaysia’s Automotive Industry, 2021

Sales Tax Exemption on New Passenger Vehicle Softens the Impact of the COVID-19 Pandemic on the Automotive Industry and Promotes Transformational Growth

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In 2020, Malaysias Total Industry Volume (TIV) dropped 12.4%, compared to 2019, with only 529,434 units being sold. The Passenger Vehicle (PV) segment remained dominant with 90.8% market share. The sales tax exemption introduced between June and December 2020 spurred the demand for the segment. Sales of gasoline powertrain grew from 82.6% in 2019 ...

Chemicals is a highly regulated industry, and it serves as the backbone of several other end-user sectors, including construction, transportation, healthcare, pharmaceuticals, and agriculture. Although the industry is a leading revenue generator, globally, digitalization, product portfolio diversification, enriched social responsibility, and sustai...

19 Feb 2018  |  South Asia, Middle East & North Africa  |  Market Research

Iranian Automotive Market, Forecast to 2022

Sales Volume of Passenger Vehicles, Commercial Vehicles, and Buses and Minibuses to Reach 2.61 Million Units by 2022

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The Iranian passenger vehicles (PV) market is projected to grow, recording a compound annual growth rate (CAGR) of 13.6% during 2016–2022 with the potential lifting of sanctions and the entry of foreign original equipment manufacturers (OEMs) and suppliers. By 2022, the B segment, with a 46% market share, will be most preferred segment cannibalisin...

This issue of High-Tech Materials Technology Opportunity Engine (TOE) profiles significant advancements in High-Tech Materials for various enhanced industrial applications. The featured innovations include Optimizing Enzymatic Processes for Effective Plastic Degradation, Optimized Protein and Enzyme Production for Eco-friendly Applications, Enhanci...

Frost & Sullivan estimates the global lighting controls market to grow by 4.7% in 2021 after experiencing a 6.3% growth decline in 2020 due to the COVID-19 pandemic. The market is expected to reach pre-COVID-19 growth rates in 2023 and achieve $11.82 billion in revenue by 2028, expanding at a compound annual growth rate of 7.5% from 2021 to 2028. T...

The South African polyethylene (PE) market is segmented by analyzing the supply and demand side dynamics. From a supply standpoint, the local PE manufacturing industry is consolidated with only two companies. Suppliers in the country largely export linear low-density polyethylene (L/LDPE) and a smaller percentage of high-density polyethylene (HDPE)...

Indoor air needs to be purified or sterilized to provide a healthy indoor environment, since people spend 90% or more of their time indoors (World Health Organization). Research showed that indoor air quality can be more polluted than outdoor air due to poor air ventilation, contamination by construction materials, chemicals, exposure to radon in t...

According to the UN, the global population will increase from 8 billion in 2020 to nearly 9.7 billion by 2050, with 70% living in cities. This urban shift will require major energy investments across residential, commercial, and industrial sectors. Rising urbanization will drive electricity generation, residential construction, and personal and com...

This Frost Radar analyzes the compressor market. The analysis includes industrial air compressors and process gas compressors. Among others, the key end-user analysis includes the chemicals, construction and mining, food and beverages, general manufacturing, life sciences, oil and gas, and power generation industries. In addition to providing an i...