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  • Pisco Market Share, Demand, Revenue, Regional Insights and Forecast by 2027

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    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    Pisco Market Share, Demand, Revenue, Regional Insights and Forecast by 2027 The global pisco market size is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of 6.2% during the forecast period. Increasing awareness about the potential health benefits of pisco will play a central role in augmenting the development of this market, observes Fortune Business Insights™ in its report, titled “Pisco Market Size, Share & COVID-19 Impact Analysis, By Origin (Peruvian and Chilean), Type (Puro, Acholado, and Others), and Regional Forecast, 2020 – 2027”. Pisco is a certain type of brandy that is derived from fermented grape juice. The drink is native to Chile and Peru, where pisco is considered the national beverage. Not only does pisco have an exotic taste but it also offers some distinct health benefits to drinkers. For example, drinking pisco after meals stimulates secretion of gastric juices, thus aiding digestion. Moreover, in case of hypothermia, adding pisco in hot tea along with lemon and honey can bring instant warmth to the body and prevent the body temperature from rising suddenly. In addition to this, flu-induced sore throat and fever can also be relieved by taking pisco-based tinctures. Thus, this Peruvian-Chilean drink promises a host of advantages related to health, which will increase its consumption around the world. List of Key Companies Profiled in the Pisco Market Report: Pisco Portón (Ica, Peru) Catan Pisco (Chicago, United States) Pisco MalPaso (Coquimbo, Chile) Barton Solvent Inc. (Peru) Cooperativa Agricola Pisquera Elqui Ltda (Santiago, Chile) Compañia Cervecerias Unidas (Las Condes, Chile) Pisquera Tulahuen SpA (Monte Patria, Chile) La Diablada Pisco (Peru) Bauzá (Chile) Macchu Pisco (Peru) Restraining Factors Staggered Operations of Hotels & Bars amid COVID-19 to Restrict Market Growth The pisco market growth is facing massive impediments amid the COVID-19 as the pandemic led to the initial closure and subsequent staggered opening of bars and restaurants in major economies. In the US, for example, the states of Florida and Texas announced that bars will have to shut down to stop the spread of the coronavirus, when cases spiked in June 2020. In March, when the pandemic erupted, several casinos in Las Vegas closed their operations, while states such as Ohio and California directed bars and restaurants to announce temporary closures. Even now, with countries slowly restoring economic activities, bars are being forced to follow strict time and social distancing regulations. For example, in the UK, bars have been instructed to close down by 10pm, while in India the Maharashtra state government has allowed bars and restaurants to function with limited capacity. The imposition of the coronavirus-induced lockdown and social distancing measures on bars is, therefore, likely to stymie the demand and consumption of exotic alcoholic beverages such as pisco. Regional Insights South America to Occupy Driver’s Seat; Europe to Present Exciting Prospects At USD 374.4 million, South America dominated the pisco market share in 2019 as the region is home to the two largest producers of the drink in the world, Peru and Chile. Companies in this region are constantly innovating and developing unique alcoholic blends to cater to the growing popularity of exotic drinks in North America and Europe. Moreover, the companies are also producing premium pisco variants for the domestic as well as the international market. Europe is slated to emerge as the second-largest region for this market due to the surging demand for traditional foreign alcohols across the continent. In Asia Pacific, the market outlook appears wide and bright on account of the deepening cultural and trade relations among Asian and South American countries. Competitive Landscape Cooperative Agreements and Measured Expansions to Spur Competition With pisco gaining widespread popularity, grape producers and alcohol companies in Chile and Peru are seeking agreements that can help farmers as well as the key market players. These mutually beneficial deals are crucial as they provide incentives to key players to innovate and expand their operations, while farmers are encouraged to produce more and adopt modern farming technologies. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Pisco Market Size, Share, Trends | Industry Report [2020-2027]
    The global pisco market size stood at USD 670.5 million in 2019 and is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of ccfv during the forecast period.
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  • Pisco Market Future Growth, Trends Evaluation, Demands, Regional Analysis and Forecast to 2027

    The global pisco market size is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of 6.2% during the forecast period. Increasing awareness about the potential health benefits of pisco will play a central role in augmenting the development of this market. Pisco is a certain type of brandy that is derived from fermented grape juice. The drink is native to Chile and Peru, where pisco is considered the national beverage. Not only does pisco have an exotic taste but it also offers some distinct health benefits to drinkers. For example, drinking pisco after meals stimulates secretion of gastric juices, thus aiding digestion.

    Moreover, in case of hypothermia, adding pisco in hot tea along with lemon and honey can bring instant warmth to the body and prevent the body temperature from rising suddenly. In addition to this, flu-induced sore throat and fever can also be relieved by taking pisco-based tinctures. Thus, this Peruvian-Chilean drink promises a host of advantages related to health, which will increase its consumption around the world.

    List of Key Companies Profiled in the Pisco Market Report:

    Pisco Portón (Ica, Peru)
    Catan Pisco (Chicago, United States)
    Pisco MalPaso (Coquimbo, Chile)
    Barton Solvent Inc. (Peru)
    Cooperativa Agricola Pisquera Elqui Ltda (Santiago, Chile)
    Compañia Cervecerias Unidas (Las Condes, Chile)
    Pisquera Tulahuen SpA (Monte Patria, Chile)
    La Diablada Pisco (Peru)
    Bauzá (Chile)
    Macchu Pisco (Peru)
    Restraining Factors

    Staggered Operations of Hotels & Bars amid COVID-19 to Restrict Market Growth

    The pisco market growth is facing massive impediments amid the COVID-19 as the pandemic led to the initial closure and subsequent staggered opening of bars and restaurants in major economies. In the US, for example, the states of Florida and Texas announced that bars will have to shut down to stop the spread of the coronavirus, when cases spiked in June 2020.

    In March, when the pandemic erupted, several casinos in Las Vegas closed their operations, while states such as Ohio and California directed bars and restaurants to announce temporary closures. Even now, with countries slowly restoring economic activities, bars are being forced to follow strict time and social distancing regulations. For example, in the UK, bars have been instructed to close down by 10pm, while in India the Maharashtra state government has allowed bars and restaurants to function with limited capacity. The imposition of the coronavirus-induced lockdown and social distancing measures on bars is, therefore, likely to stymie the demand and consumption of exotic alcoholic beverages such as pisco.

    Regional Insights

    South America to Occupy Driver’s Seat; Europe to Present Exciting Prospects

    At USD 374.4 million, South America dominated the pisco market share in 2019 as the region is home to the two largest producers of the drink in the world, Peru and Chile. Companies in this region are constantly innovating and developing unique alcoholic blends to cater to the growing popularity of exotic drinks in North America and Europe. Moreover, the companies are also producing premium pisco variants for the domestic as well as the international market.
    Europe is slated to emerge as the second-largest region for this market due to the surging demand for traditional foreign alcohols across the continent. In Asia Pacific, the market outlook appears wide and bright on account of the deepening cultural and trade relations among Asian and South American countries.

    Competitive Landscape

    Cooperative Agreements and Measured Expansions to Spur Competition
    With pisco gaining widespread popularity, grape producers and alcohol companies in Chile and Peru are seeking agreements that can help farmers as well as the key market players. These mutually beneficial deals are crucial as they provide incentives to key players to innovate and expand their operations, while farmers are encouraged to produce more and adopt modern farming technologies.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    Pisco Market Future Growth, Trends Evaluation, Demands, Regional Analysis and Forecast to 2027 The global pisco market size is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of 6.2% during the forecast period. Increasing awareness about the potential health benefits of pisco will play a central role in augmenting the development of this market. Pisco is a certain type of brandy that is derived from fermented grape juice. The drink is native to Chile and Peru, where pisco is considered the national beverage. Not only does pisco have an exotic taste but it also offers some distinct health benefits to drinkers. For example, drinking pisco after meals stimulates secretion of gastric juices, thus aiding digestion. Moreover, in case of hypothermia, adding pisco in hot tea along with lemon and honey can bring instant warmth to the body and prevent the body temperature from rising suddenly. In addition to this, flu-induced sore throat and fever can also be relieved by taking pisco-based tinctures. Thus, this Peruvian-Chilean drink promises a host of advantages related to health, which will increase its consumption around the world. List of Key Companies Profiled in the Pisco Market Report: Pisco Portón (Ica, Peru) Catan Pisco (Chicago, United States) Pisco MalPaso (Coquimbo, Chile) Barton Solvent Inc. (Peru) Cooperativa Agricola Pisquera Elqui Ltda (Santiago, Chile) Compañia Cervecerias Unidas (Las Condes, Chile) Pisquera Tulahuen SpA (Monte Patria, Chile) La Diablada Pisco (Peru) Bauzá (Chile) Macchu Pisco (Peru) Restraining Factors Staggered Operations of Hotels & Bars amid COVID-19 to Restrict Market Growth The pisco market growth is facing massive impediments amid the COVID-19 as the pandemic led to the initial closure and subsequent staggered opening of bars and restaurants in major economies. In the US, for example, the states of Florida and Texas announced that bars will have to shut down to stop the spread of the coronavirus, when cases spiked in June 2020. In March, when the pandemic erupted, several casinos in Las Vegas closed their operations, while states such as Ohio and California directed bars and restaurants to announce temporary closures. Even now, with countries slowly restoring economic activities, bars are being forced to follow strict time and social distancing regulations. For example, in the UK, bars have been instructed to close down by 10pm, while in India the Maharashtra state government has allowed bars and restaurants to function with limited capacity. The imposition of the coronavirus-induced lockdown and social distancing measures on bars is, therefore, likely to stymie the demand and consumption of exotic alcoholic beverages such as pisco. Regional Insights South America to Occupy Driver’s Seat; Europe to Present Exciting Prospects At USD 374.4 million, South America dominated the pisco market share in 2019 as the region is home to the two largest producers of the drink in the world, Peru and Chile. Companies in this region are constantly innovating and developing unique alcoholic blends to cater to the growing popularity of exotic drinks in North America and Europe. Moreover, the companies are also producing premium pisco variants for the domestic as well as the international market. Europe is slated to emerge as the second-largest region for this market due to the surging demand for traditional foreign alcohols across the continent. In Asia Pacific, the market outlook appears wide and bright on account of the deepening cultural and trade relations among Asian and South American countries. Competitive Landscape Cooperative Agreements and Measured Expansions to Spur Competition With pisco gaining widespread popularity, grape producers and alcohol companies in Chile and Peru are seeking agreements that can help farmers as well as the key market players. These mutually beneficial deals are crucial as they provide incentives to key players to innovate and expand their operations, while farmers are encouraged to produce more and adopt modern farming technologies. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/industry-reports/pisco-market-100203
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Pisco Market Size, Share, Trends | Industry Report [2020-2027]
    The global pisco market size stood at USD 670.5 million in 2019 and is projected to reach USD 1,057.8 million by 2027, exhibiting a CAGR of ccfv during the forecast period.
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  • http://www.daynn-machinery.com/


    Henan Daynn Road Machinery Co.,Ltd. is a high-tech enterprise that independently designs, develops, produces and sells road construction machinery and maintenance machinery. With total assets of 120 million yuan and more than 300 employees, the company ranks in the forefront of the industry in terms of scale and scientific research strength and the first of its kind in Henan Province.
    Daynn attaches great importance to product technology research and development from the beginning. Daynn's research and development center is a provincial technology center in Henan Province. It has successfully developed four series of new road construction and maintenance machinery products with more than 40 specifications. Our production equipment is advanced and management is customized. In 2000, the company passed the ISO9001-2000 international quality system certification.
    Good products must have good services. Dayuan has a complete marketing service network, with nearly 100 existing marketing and service personnel, which can meet customer needs in the first time. Marketing service personnel adhere to the service concept of "Serve customers attentively", and always put customer needs first Bit.
    After more than ten years development, "Daynn" products have spread all over the country, and are exported to Southeast Asia, Central Asia, Africa and other regions, and have been continuously spread and promoted. We warmly welcome new and old customers to visit Daynn company for guidance and inspection. Bright future!


    >Categories锛?/strong>
    1. LB series stationary asphalt mixing plant
    2. YLB series mobile asphalt mixing plant
    3. DHB series continuous drum asphalt mixing plant
    4. Mine crushing and screening equipment series
    5. Cement concrete mixing plant series
    6. Lab & Industrial heating furnace series
    7. Used construction machinery series


    >Qualifications:
    Daynn passed the ISO9001-1997 quality management system certification in 2000, and passed the ISO9000-2000 quality management system certification in 2002. Then recorded and passed CE, GOST and EAC standard certification.

    Our company's quality management is a combination of full participation from leaders to employees and quality management of the entire value chain from customers to suppliers. Using process management methods, through continuous improvement, to ensure that we continue to provide products that meet customer requirements to achieve customer satisfaction.

    Our company has CNC cutting machines, semi-automatic cutting machines, plasma cutting machines, profiling cutting machines, submerged arc automatic welding machines, hydraulic leveling machines, hydraulic pendulum shears, hydraulic sheet metal bending machines, plate bending machines, and presses , roller pass-through shot blasting machine, vibration aging machine, CO2 protection welding, various welding machines, spraying equipment,and our own processing center, with a total of more than 100 large and medium-sized equipment such as lathes, vertical lathes, universal milling machines, arc milling machines, various grinders, digital display horizontal boring machines, etc., responsible for the production of all machined parts; and equipped with professional equipment maintenance classes to undertake all production regular maintenance and overhaul of equipment ensure the accuracy and normal production capacity of equipment.

    All suppliers of raw materials and purchased parts are jointly selected and regularly evaluated by procurement, technology, and quality control departments to ensure that they can continue to provide qualified raw materials and materials.
    >Service philosophy:
    It鈥檚 our forever unalterable promise for clients that offer timely, passional, thoughtful and satisfied service.
    >Countries where Daynn has been exported:
    Indonesia, Pakistan, Thailand, Myanmar, Malaysia, Philippines, Singapore, Bangladesh, Sri Lanka, Australia, Russia, Kazakhstan, Uzbekistan, Saudi Arabia, Nigeria, Kenya, Ethiopia, Tanzania, Cambodia, Kyrgyzstan, Chile, Zambia, Uganda , Sudan, Nicaragua, Mozambique, Morocco, Mongolia, Costa Rica, Democratic Republic of Congo, East Timor, Angola, Egypt, Algeria, Turkmenistan, Tajikistan, Senegal, etc.1700℃ Dental Furnace suppliers
    website:http://www.daynn-machinery.com/
    http://www.daynn-machinery.com/ Henan Daynn Road Machinery Co.,Ltd. is a high-tech enterprise that independently designs, develops, produces and sells road construction machinery and maintenance machinery. With total assets of 120 million yuan and more than 300 employees, the company ranks in the forefront of the industry in terms of scale and scientific research strength and the first of its kind in Henan Province. Daynn attaches great importance to product technology research and development from the beginning. Daynn's research and development center is a provincial technology center in Henan Province. It has successfully developed four series of new road construction and maintenance machinery products with more than 40 specifications. Our production equipment is advanced and management is customized. In 2000, the company passed the ISO9001-2000 international quality system certification. Good products must have good services. Dayuan has a complete marketing service network, with nearly 100 existing marketing and service personnel, which can meet customer needs in the first time. Marketing service personnel adhere to the service concept of "Serve customers attentively", and always put customer needs first Bit. After more than ten years development, "Daynn" products have spread all over the country, and are exported to Southeast Asia, Central Asia, Africa and other regions, and have been continuously spread and promoted. We warmly welcome new and old customers to visit Daynn company for guidance and inspection. Bright future! >Categories锛?/strong> 1. LB series stationary asphalt mixing plant 2. YLB series mobile asphalt mixing plant 3. DHB series continuous drum asphalt mixing plant 4. Mine crushing and screening equipment series 5. Cement concrete mixing plant series 6. Lab & Industrial heating furnace series 7. Used construction machinery series >Qualifications: Daynn passed the ISO9001-1997 quality management system certification in 2000, and passed the ISO9000-2000 quality management system certification in 2002. Then recorded and passed CE, GOST and EAC standard certification. Our company's quality management is a combination of full participation from leaders to employees and quality management of the entire value chain from customers to suppliers. Using process management methods, through continuous improvement, to ensure that we continue to provide products that meet customer requirements to achieve customer satisfaction. Our company has CNC cutting machines, semi-automatic cutting machines, plasma cutting machines, profiling cutting machines, submerged arc automatic welding machines, hydraulic leveling machines, hydraulic pendulum shears, hydraulic sheet metal bending machines, plate bending machines, and presses , roller pass-through shot blasting machine, vibration aging machine, CO2 protection welding, various welding machines, spraying equipment,and our own processing center, with a total of more than 100 large and medium-sized equipment such as lathes, vertical lathes, universal milling machines, arc milling machines, various grinders, digital display horizontal boring machines, etc., responsible for the production of all machined parts; and equipped with professional equipment maintenance classes to undertake all production regular maintenance and overhaul of equipment ensure the accuracy and normal production capacity of equipment. All suppliers of raw materials and purchased parts are jointly selected and regularly evaluated by procurement, technology, and quality control departments to ensure that they can continue to provide qualified raw materials and materials. >Service philosophy: It鈥檚 our forever unalterable promise for clients that offer timely, passional, thoughtful and satisfied service. >Countries where Daynn has been exported: Indonesia, Pakistan, Thailand, Myanmar, Malaysia, Philippines, Singapore, Bangladesh, Sri Lanka, Australia, Russia, Kazakhstan, Uzbekistan, Saudi Arabia, Nigeria, Kenya, Ethiopia, Tanzania, Cambodia, Kyrgyzstan, Chile, Zambia, Uganda , Sudan, Nicaragua, Mozambique, Morocco, Mongolia, Costa Rica, Democratic Republic of Congo, East Timor, Angola, Egypt, Algeria, Turkmenistan, Tajikistan, Senegal, etc.1700℃ Dental Furnace suppliers website:http://www.daynn-machinery.com/
    WWW.DAYNN-MACHINERY.COM
    China Asphalt Mixing Plant, Crushing Vibrating Screen Equipment, Test Heating Furnace Manufacturers, Suppliers, Factory - DAYNN
    Henan Daynn Road Machinery Co.,Ltd. As one of the leading asphalt mixing plant, crushing vibrating screen equipment, test heating furnace, concrete mixing plant, vibrating feeder manufacturers and suppliers in China, we warmly welcome you to buy high quality equipment at competitive price from our factory. Good service and punctual delivery are available.
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  • World Courier deploys real-time location monitoring solution on packaging solutions

    #AmerisourceBergen #WorldCourier #specialtylogisticsprovider #realtimelocationmonitoring #multiusepackages #SimonBrinckmann #pharmaceuticallogistics #Controlant #inventorymanagement #visibility #packagingsolutions #passivepalletsolution #Cocoon #RTLMtechnology #Chile #clinicaldepot #Beijing #China #directtopatientlogistics #temperaturecontrolled #transportandstoragesolutions #UnitedStates #transportstation #Atlanta #NewYork #Chicago #LosAngeles #cryogenicstorage #liquidnitrogen #chargingcenters #pharmaceutical #cellandgenetherapies #coldchainlogistics #NickPorter #logistics

    World Courier deploys real-time location monitoring solution on packaging solutions #AmerisourceBergen #WorldCourier #specialtylogisticsprovider #realtimelocationmonitoring #multiusepackages #SimonBrinckmann #pharmaceuticallogistics #Controlant #inventorymanagement #visibility #packagingsolutions #passivepalletsolution #Cocoon #RTLMtechnology #Chile #clinicaldepot #Beijing #China #directtopatientlogistics #temperaturecontrolled #transportandstoragesolutions #UnitedStates #transportstation #Atlanta #NewYork #Chicago #LosAngeles #cryogenicstorage #liquidnitrogen #chargingcenters #pharmaceutical #cellandgenetherapies #coldchainlogistics #NickPorter #logistics
    WWW.LOGUPDATEAFRICA.COM
    World Courier deploys real-time location monitoring solution on packaging solutions
    Customers will have visibility into the precise location of shipments in transit globally
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  • Automotive Tinting Film Market Size, Share & Forecast 2027
    The global automotive tinting film industry size is expected to reach USD 1,679.2 million by 2027, exhibiting a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, the market size stood at USD 1,450.1 million in 2019

    The whole world is battling with the newly discovered coronavirus. The government authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused instabilities in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

    Market Driver:

    Surging Carbon Emissions to Spur Business Opportunities

    The rising atmospheric temperatures in several nations have accelerated the demand for Automotive Tinting Film. Similarly, the imposition of emission regulations by several governments will contribute tremendously to the growth of the market in the foreseeable future. The new regulations regarding the tinting or darkness of the films to curb unwanted criminal activities will create lucrative opportunities for the market in the forthcoming years. For instance, in New Jersey, US, no tint is allowed on the windshield. Likewise, in India, the use of black tinted film is completely banned however consumers are allowed to use tinted glass with at least 70% visibility in the windshield and rear window. Also, the rising consumer proclivity on tint films to reduce vehicle temperature will foster healthy growth of the market during the forecast period.

    Market Restraint

    Drastic Fall in Car Sales to Thwart Market Development During Coronavirus

    The disruption in automotive production and sales during COVID-19 has negatively impacted the automobile industry. Besides, the lockdown restrictions imposed by the government have led to a shortage of manpower, which, in turn, will retard the growth of the market. For instance, UK car sales were down by 89% in May 2020. The UK automotive industry witnessed a major drop in production and sales as compared to 2019. The coronavirus outbreak is predicted to contract the market by over 10% in 2020, which, will be alleviated by mid-2021. Europe and North America are expected to experience heavy losses in 2020.

    Regional Analysis:

    High Adoption of Tinting Films to Boost Growth in Asia Pacific

    The market in Asia Pacific generated a revenue of USD 636.22 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others.

    Information Source:

    https://www.fortunebusinessinsights.com/automotive-tinting-films-market-102312
    Automotive Tinting Film Market Size, Share & Forecast 2027 The global automotive tinting film industry size is expected to reach USD 1,679.2 million by 2027, exhibiting a CAGR of 3.8% during the forecast period. The growing inclination towards factory tint to enrich vehicle’s style and features can be a vital factor enabling the growth of the market during the forecast period, the market size stood at USD 1,450.1 million in 2019 The whole world is battling with the newly discovered coronavirus. The government authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused instabilities in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly. Market Driver: Surging Carbon Emissions to Spur Business Opportunities The rising atmospheric temperatures in several nations have accelerated the demand for Automotive Tinting Film. Similarly, the imposition of emission regulations by several governments will contribute tremendously to the growth of the market in the foreseeable future. The new regulations regarding the tinting or darkness of the films to curb unwanted criminal activities will create lucrative opportunities for the market in the forthcoming years. For instance, in New Jersey, US, no tint is allowed on the windshield. Likewise, in India, the use of black tinted film is completely banned however consumers are allowed to use tinted glass with at least 70% visibility in the windshield and rear window. Also, the rising consumer proclivity on tint films to reduce vehicle temperature will foster healthy growth of the market during the forecast period. Market Restraint Drastic Fall in Car Sales to Thwart Market Development During Coronavirus The disruption in automotive production and sales during COVID-19 has negatively impacted the automobile industry. Besides, the lockdown restrictions imposed by the government have led to a shortage of manpower, which, in turn, will retard the growth of the market. For instance, UK car sales were down by 89% in May 2020. The UK automotive industry witnessed a major drop in production and sales as compared to 2019. The coronavirus outbreak is predicted to contract the market by over 10% in 2020, which, will be alleviated by mid-2021. Europe and North America are expected to experience heavy losses in 2020. Regional Analysis: High Adoption of Tinting Films to Boost Growth in Asia Pacific The market in Asia Pacific generated a revenue of USD 636.22 million in 2019 and is expected to rise tremendously during the forecast period. The growth in the region is attributed to the developing on-road vehicle fleets in countries in China, India, and Thailand. The market in North America is expected to witness a high growth rate during the forecast period. Europe is expected to experience a healthy CAGR owing to the rising demand from countries such as Germany, Italy, France, UK, and Spain. Brazil & Mexico is predicted to observe a low growth rate owing to the political and economic instability in countries such as developing countries of the region such as Argentina, Chile, Venezuela, Colombia, and others. Information Source: https://www.fortunebusinessinsights.com/automotive-tinting-films-market-102312
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Automotive Tinting Film Market Size, Share | Global Report [2020-2027]
    The global automotive tinting film market size was valued at $1,450.1 Mn in 2019 & is projected to reach $1,679.2 Mn by 2027, at a CAGR of 3.8% in forecast period
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