Coated fabrics have greater capacity to withstand hostile environments and fluctuating weather patterns. The most prominent coating substances used across industries are rubber, resins and polymers provide longevity to the material, making them impervious to damage from oil, dust, water or other catalysts.

DUBAI, UAE / ACCESSWIRE / June 23, 2020 / The global coated fabrics market is slated to reach a valuation of US$ 21.6 Bn by 2020-end, expanding at a moderate CAGR. Most of the demand for coated fabrics is being generated by the automobile industry as they are highly rot-proof, water resistant, UV repellant and mildew resistant. Therefore, they are highly used across automobiles, railways, aircrafts and marine applications. Additionally, coated fabrics have found increased usage in the production of industrial uniforms, masks and gloves. As industrial workers operate in hostile and hazardous environments, they require adequate protective gear for which coated fabrics are an ideal choice.

The textile industry has also found immense application of coated fabrics in recent years. The industry widely uses fabrics to imbue water impermeability and resistance to other external contaminants. However, the outbreak of the coronavirus pandemic has drastically inhibited market growth, attributed to sluggishness across various end-use industries. The imposition of nationwide lockdowns have ushered in a stalemate in production cycles, causing output to become restricted. However, as restrictions are easing in certain countries, the market is set to leverage as end-use industries are gradually reverting to normal operations.

"The coated fabrics industry has been mushrooming rapidly, owing to significant technological advancements in coating processes. As the years progress, market players are increasingly discovering ways to capitalize on these advancements in order to expand their customer base," concludes a leading FMI analyst.

Request a report sample to gain in-depth market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-288

Global Coated Fabrics Market- Key Takeaways

Asia-Pacific is poised to emerge as the kingpin in the coated fabrics market. A highly flourishing automobile and textile industry is the primary reason behind the region's robust expansion.
Polymer-coated fabrics accounted for nearly 9/10th of the coated fabrics market. High tolerance to abrasion and enhanced adhesive properties make it an ideal choice in the textile industry.
The global coated fabrics market registered a moderate CAGR of 3.7% during the period 2015-2020.

Global Coated Fabrics Market- Prominent Drivers

Favorable government policies directed towards safeguarding employees against industrial hazards across manufacturing settings is providing a tremendous boost to the coated fibers market.
Aesthetic value of polymer coatings by virtue of providing a decorative appearance is driving its adoption, boosting the market share of coated fibers.

Global Coated Fabrics Market- Key Constraints

The coated fabrics industry is extremely capital intensive. This is anticipated to discourage entry of fresh market players leading to a stagnation of the landscape.
The presence of a large number of substitutes shall generate a low bargaining power on behalf of end-users.

Anticipated Impact of the Coronavirus Outbreak

The coronavirus outbreak has significantly dented the coated fabrics market. This is primarily due to production crunches across prominent end-use industries such as automobiles and textile. According to estimates, plant shutdowns in the automobile sector have generated a loss of nearly 3 million vehicle units in the first half of the year, with further losses predicted over the third and fourth quarters in the United States alone. The rising number of coronavirus cases has compelled manufacturing units to either operate at reduced capacity or totally cease production lines. Also, the closure of textile industries has impacted the entire value chain, ranging from fabric supply to brand to the zipper and label industry. As a consequence, the demand for coated fabrics has recorded a steep dive. Fortunately, several countries have eased lockdown restrictions, with a view to realign economic growth. As a result, the abovementioned end-use industries have experienced an uptick in their production cycles. This resurgence is anticipated to provide leverage to the coated fabrics market in the months to come.

Explore the global coated fabrics market with illustrative figures, data tables and the table of contents. You can also find detailed market segmentation on https://www.futuremarketinsights.com/askus/rep-gb-288

Competition Landscape

The global coated fabrics market is dominated by the following market players: Valspar Corporation, Saint-Gobain S.A, 3M, AkzoNobel, PPG Industries, Dupont Coatings & Color Technologies Group, BASF Coatings AG, Sherwin-Williams, Nippon Paints and Bayer AG. The key marketing strategy employed by these vendors include mergers and acquisitions in order to expand customer based and geographical presence. Recently, Bayer AG collaborated with the International Apparel Federation (IAF) with the objective of improving innovations in the apparel and footwear industry.

More Valuable Insights on the Coated Fabrics Market

FMI's research report on the coated fabrics market incorporates an unbiased analysis of the market drivers, bringing to the fore insights that can help stakeholders identify the opportunities as well as challenges associated with the market. The market has been segmented into the following categories: applications and product type. By application, the market is divided into transportation, industrial, protective clothing, furniture, commercial tents and others. By product, the market has been segmented into polymer coated, rubber coated and others. Both the abovementioned segments have been regionally profiled across the following geographies: North America, Latin America, Western Europe, Asia-Pacific and the Middle East.

Explore Extensive Coverage of FMI's Chemicals & Materials Landscape

Lubricant Additives Market: FMI's ongoing research on the lubricant additives market incorporates in-depth analysis of prominent growth dynamics, segmental analysis and market statistics for the forecast period 2019-2029.

Desmutting Agent Market: Explore how the prominent presence of manufacturing industries for metals in the Asia-Pacific is contributing to the rapid proliferation of the desmutting agent market in FMI's ongoing study for the forecast 2019-2029.

Magnesium Carbonate Market: Obtain FMI's recently published research report on the magnesium carbonate market offering an opportunity assessment of the market's key dynamics for the forecast period 2020-2030.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Market Report: https://www.futuremarketinsights.com/reports/coated-fabrics-market
Press Release Source: https://www.futuremarketinsights.com/press-release/coated-fabrics-market

SOURCE: Future Market Insights

ReleaseID: 594916

NEW YORK, NY / ACCESSWIRE / June 23, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Grand Canyon Education, Inc. (NASDAQ:LOPE)
Class Period: January 5, 2018 – January 27, 2020
Lead Plaintiff Deadline: July 13, 2020

According to a filed complaint, statements made by Defendants were false and/or misleading because following Grand Canyon's spin-off of its educational assets as Grand Canyon University ("GCU"): (i) GCU would not be a proper non-profit organization as it would remain under the control of Grand Canyon, and (ii) Grand Canyon would not be a third-party service provider to GCU but rather would continue to effectively operate the entity, and (iii) Grand Canyon employees served as executives of GCU and (iv) GCU functioned as an off-balance-sheet entity to which Grand Canyon would be able to funnel expenses and costs in exchange for a disproportionate amount of revenue, thereby inflating Grand Canyon's financial results.

Learn about your recoverable losses in LOPE: http://www.kleinstocklaw.com/pslra-1/grand-canyon-education-inc-loss-submission-form?id=7494&from=1

Enphase Energy, Inc. (NASDAQ:ENPH)
Class Period: February 26, 2019 – June 17, 2020
Lead Plaintiff Deadline: August 17, 2020

The ENPH lawsuit alleges that throughout the class period, Enphase Energy, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) its revenues, both U.S. and international, were inflated; (2) the Company engaged in improper deferred revenue accounting practices; (3) the Company's reported base points expansion in gross margins were overstated; and (4) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in ENPH: http://www.kleinstocklaw.com/pslra-1/enphase-energy-inc-loss-submission-form?id=7494&from=1

Chembio Diagnostics, Inc. (NASDAQ:CEMI)
Class Period: April 1, 2020 – June 16, 2020
Lead Plaintiff Deadline: August 17, 2020

According to the filed complaint, defendants engaged in a scheme to deceive the market and a course of conduct that artificially inflated Chembio's stock price and operated as a fraud or deceit by misrepresenting the efficacy of the Company's Dual Path Platform ("DPP") COVID-19 test. Defendants allegedly achieved this by making false statements about Chembio's DPP COVID-19 test, although they knew or at least recklessly disregarded that there were material performance concerns with the test. When defendants' prior misrepresentations were disclosed and became apparent to the market, the price of Chembio stock fell precipitously as the prior artificial inflation came out of Chembio's stock price.

Learn about your recoverable losses in CEMI: http://www.kleinstocklaw.com/pslra-1/chembio-diagnostics-inc-loss-submission-form?id=7494&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 594917

Demand for bioplastics is set to move on an upward swing as conventional plastics emerge as tough waste problem. However, COVID-19 will take a toll on the revenue growth.

DUBAI, UAE / ACCESSWIRE / June 23, 2020 / Bioplastics are gaining significant momentum as a solution to the global plastic phenomenon. Strong focus on sustainability along with aversion of consumers towards products with high environmental impact has led to popularization of bioplastics in a wide range of industries. The packaging industry, in particular, which is heavily reliant on conventional plastic for its convenience factor, is turning to bio alternatives to fulfill the demand of eco-conscious consumers. The result is expected to lead to increased demand for bioplastics.

According to a detailed study by Future Market Insights, the bioplastics market is estimated to be valued at US$ 43.8 Bn in 2020, nearly 6X surge from the past half decade. Technological advancements involved in the research and development of bioplastics will further remain instrumental to the market growth.

"The ubiquity of non-biodegradable plastics in oceans and landfills has shown the urgent need for an effective alternative. While compostable and biodegradable raw materials are making headway in packaging industry, bioplastics are set to push the weight reduction trend in automotive industry," says the FMI analyst.

For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb–69

Keys Takeaways of Bioplastics Market Study

Bio-PET remains highly preferred material and continues to account for a major share of the total market revenue, followed by bio-PE and PLA blends.
High application potential has been identified in bottle manufacturing and packaging.
Manufacturers are focusing on identifying and leveraging white spaces in application of bioplastics, ranging from foodservice disposables to automotive components.
Asia Pacific remains at the forefront of the global bioplastics market, propelled in bulk by abundance of raw materials and eco-friendly initiatives.
North America and Europe will continue to offer greater opportunities due to significant transition to environment friendly raw materials.

Bioplastics Market – Key Growth Drivers

Similar functional properties as materials including PET and vinyl, in addition to production from renewable resources such as wood pulp and corn starch, remain key demand drivers for biploastic.
Demand is gaining a boost from large international companies such as Coca Cola making the move to start using bioplastics as their packaging material.
Rapid R&D to indentify lucrative opportunities for innovative bioplastics will continue to shape the market future.
Strict bans against the use of plastics in several countries will become a big step towards the widespread adoption of bioplastics.

Bioplastics Market – Key Restraints

Despite its ‘eco-friendly' tag and benefits over oil-based plastics, bioplastics still tend be relatively expensive.
Bioplastics are produced in small quantities, making it a challenge to break into established production cycles of their conventional counterparts.

Impact of COVID-19 on Bioplastics Market

Confinement measures triggered by the rapid spread of the COVID-19 have significant impacted the business sphere worldwide, and the bioplastics market is no exception. A notable decline in crude oil prices will be a linear disadvantage for bioplastics, further affected by the higher price point. Post pandemic, green investments are highly likely to be delayed due to a climate of uncertainty created by the crisis. A headwind coming from closure of factories and halt in manufacturing and supply chain operations will become deterrent to the market growth.

We offer tailor-made solutions to fit your requirements, request customization@ https://www.futuremarketinsights.com/customization-available/rep-gb–69

Competition Analysis

The FMI's study covers detailed profiles of key players operating in the bioplastics market, which include BASF SE, RTP Company, Arkema, Evonik Industries, NatureWorks LLC, Techno Polymer Co. Ltd., DSM N.V., E. I. du Pont de Nemours and Company, and Toray Industries Inc.

The bioplastics market has been recently witnessing a surge in number of new entrants with a myriad of offerings. For instance, in January 2020, toy giant Mattel launched new building block sets made from bio-based plastics. The company plans to use 100% recyclable, bio-based plastics for its products and packaging by 2030. Additionally, presence of key players such as Eastman with breakthrough innovations including Trēva™ engineering bioplastic will continue to drive the global market to new heights.

More About the Report

The FMI's market research report offers in-depth insights on the bioplastics market. The market is analyzed on the basis of material (Bio-PET, Bio-PE, PLA Blends, Biodegradable Polyester, Starch Blends, Bio-PA, PHA, and others) and application (bottle manufacturing, packaging, automotive, foodservice disposables, and consumer products) across four key regions.

Explore Extensive Coverage of FMI on Chemicals & Materials Industry

Automotive Bioplastic Market: Find in-depth insights on the automotive bioplastic market for the forecast period (2019-2029). The study includes important analysis on growth drivers, challenges, opportunities, and revenue sources of key market players.

Carbon Fiber Reinforced Plastic Market: Get a 360 degree perspective on the carbon fiber reinforced plastic market with comprehensive insights on key market players, regional market forecast, growth-driving factors, and restraints for the course of 10 years.

Plastic Composites Market: FMI's study on the plastic composites market covers in-depth insights, segment-wide analysis, manufacturers' growth strategies, and market statistics for a 10-year forecast period.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Contact:

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Market Reports: https://www.futuremarketinsights.com/reports/global-bio-plastics-market
Press Release Source: https://www.futuremarketinsights.com/press-release/bio-plastics-market

SOURCE: Future Market Insights

ReleaseID: 594914

SHERMAN OAKS, CA / ACCESSWIRE / June 23, 2020 / Leo Robin Music is outraged over the Hollywood Walk of Fame's decision at their annual meeting and subsequent announcement last week to once again deny the installation of the star that was awarded to lyricist, Leo Robin, 30 years ago. Ashley Lee from the Los Angeles Times first broke on May 23, 2019 this fascinating story, Leo Robin never got his Walk of Fame star. Now his grandson is fighting for it, about his grandson's serendipitous discovery of Leo's long-lost star which he believes got lost because "[The Hollywood Chamber of Commerce]…made this 30-year-old mistake." Leo Robin's wife, Cherie Robin, and actor, Bob Hope, sponsored Leo for a star in 1988 but, sadly, Mrs. Robin passed away slightly more than one year before the letter was sent out from the Hollywood Chamber announcing that her husband had been awarded the star and so, unfortunately, it was never installed.

In the wake of the release of this story last year by The Times, Leo Robin Music was infuriated to learn what happened 30 years ago. Ms. Lee reported, "The envelope was returned to its sender and has since remained in the Chamber of Commerce's records." She also tweeted, "at first I didn't believe that Leo Robin's star had really slipped through the cracks" with a photo of that acceptance letter and the envelope stamped "RETURN TO SENDER." Ms. Lee explained the Chamber's view, "A mistake it was not, noted (Ana) Martinez [Producer of the Walk Of Fame] to The Times. Back in 1989, before the ease of email and cell phones, honorees were not as repeatedly and actively pursued to secure their star as they are today. That means no follow-up letters and no calls to co-signers, even if Robin's application was co-signed by (Bob) Hope, who has four stars on the Walk."

The Chamber should live, love and learn the lyrics of the Elvis Presley 1962 hit "Return to Sender," a song about a man sending a letter by post to his girlfriend after an argument. She continually writes "Return to Sender" and he keeps mailing letters including "sent it special D" and "This time I'm gonna take it myself and put it right in her hand." Elvis, who recorded "Blue Hawaii," a classic written by Leo Robin and Ralph Rainger, for his film of the same name and the soundtrack of which stayed at #1 on the album chart for twenty consecutive weeks, would be rock 'n' rolling in his grave and singing "Suspicious Minds" upon learning that the Hollywood Chamber only sent one letter with no follow-up letter or call to co-sponsor, Bob Hope. No matter when or where — whether it be 1962 when Elvis sang about it or 1990 when the Chamber obstructed delivery of the letter or even today — it has always been true when a letter has been marked "Return to sender," the sender will verify the address and resend it. What the Chamber did after the letter was returned to sender was not customary practice but smacks of disregard for the individuals honored by the Walk of Fame Committee.

Elvis Presley singing "Blue Hawaii," composed by Ralph Rainger with lyrics by Leo Robin, in connection with the groundbreaking concert,
Aloha from Hawaii Via Satellite, headlined by the "King of Rock and Roll" that took place in Honolulu on January 14, 1973

The official blog of Graceland says, "Elvis loved the beauty of Hawaii and the state's laid-back atmosphere so much that he brought it home to Graceland." The beginning of the blog entry on July 14, 2017 captures this feeling inspired by the islands with these perfect lyrics written by Leo Robin, "Dreams come true in blue Hawaii…" "Blue Hawaii" was introduced by the stars Bing Crosby and Shirley Ross in the 1937 Paramount Pictures film Waikiki Wedding. Crosby subsequently recorded a version that was released in 1937 and it was recorded that same year by Al Bowlly. Elvis Presley made it famous all over again in 1961 in the movie of the same name. The song received numerous cover versions through the years ranging from jazz to country artists such as Frank Sinatra's 1958 album Come Fly With Me, Andy Williams 1959 albums Two Time Winners and To You Sweetheart, Ray Charles' 1960 album The Genius Hits The Road, on which every song was about a specific place in the United States, Pat Boone with his wife Shirley Boone on their 1962 album I Love You Truly, Dolly Parton with Al Harrington on the episode My Hawaii of her 1988 TV variety show Dolly and Willie Nelson's 1992 album Honeymoon in Vegas.

Meanwhile, the Hollywood Chamber has exercised wanton disregard of its own rules for the star awarded to Robin but never installed. In contradiction to its mission, the Hollywood Chamber is not doing justice to the nomination of Robin. Instead we are witness to the injustice of Leo's long-lost star and the Chamber's refusal to honor their commitment to Robin's memory. Moreover, in a press release issued by Leo Robin Music on July 30, 2019, the following was said about the Hollywood Chamber, "What a strange twist in irony; the Chamber, which administers this famous sidewalk landmark and usually assists honorees, performed the opposite of its mission and public expectations. Instead of assisting, the Chamber obstructed installation by ignoring emails for a whole year and failing to honor its promise for the Walk of Fame Committee to consider the grandson's request for the star to be placed on the Hollywood Walk of Fame."

When Robin's grandson called the Chamber and spoke to Ms. Martinez on July 6, 2017, almost three years ago, he told her about his discovery of Leo's long-lost star. She confirmed it was true and said, "Nothing like this has ever happened before." Throughout the past sixty years, the Chamber has successfully kept track of 2,690 honorees and has seen to it that each and every one of them received a star and had it successfully installed on the Hollywood Walk of Fame with their name on it — except for Leo. At this point, one can't help but conclude that Robin, his sponsors, his family and the 1990 Walk of Fame Committee, itself, have been treated unjustly by the Chamber.

Upon the passing of Johnny Grant on January 9, 2008, Mayor Antonio Villaraigosa said, "Angelenos will always remember Johnny as the heart of Hollywood Boulevard, the dignified guardian of its gilded prestige and the human shine behind every one of its stars…" Johnny Grant, who was Chairman of the 1990 Walk of Fame Committee and signed the acceptance letter addressed to Mrs. Robin, must be looking down with contempt at the Hollywood Chamber for spurning the decision by the 1990 Walk of Fame Committee to award a star to Leo Robin. It is high time for the Hollywood Chamber to preserve its integrity and honor the decision of the Walk of Fame Committee and its obligation to put Leo's long-lost star in its rightful place on the Hollywood Walk of Fame!

For more information, visit the official website of Leo Robin at http://leorobin.com/.

About Leo Robin Music

Leo Robin Music owns the copyrights of songs written by Leo Robin, who was known as the "Dean of Lyric Writers." He created lyrics that have inspired popular music and become part of the fabric of our culture. Considered to be one of the most influential songwriters of the 20th Century, he wrote many of the country's most popular jazz standards including "Blue Hawaii," "Diamonds Are a Girl's Best Friend," "Easy Living," "If I Should Lose You," "My Ideal," "Prisoner of Love" and "Thanks for the Memory."

CONTACT:

Scott D. Ora
President – Leo Robin Music
thanks4thememory@icloud.com
(818) 618-2572
Leo Robin (@LeoRobinMusic) / Twitter

SOURCE: Leo Robin Music

ReleaseID: 593123

Accelerated improvements in digital infrastructure in the wake of globalization and interconnectedness has directed the Middle East & North Africa (MENA) to incorporated digitization across business, government and private settings. Over the years, companies across the region have leveraged cloud, big data, social and mobile technologies to acquire a competitive edge.

DUBAI, UAE / ACCESSWIRE / June 23, 2020 / The MENA digital transformation market has registered a staggering growth rate since 2014 and is anticipated to maintain the trajectory, reaching a value off US$ 2.3 Bn by the end of 2020. Burgeoning demand for enhanced customer experience across various levels of customer interaction points, improvised transparency in organizational process across business entities and proliferating e-government and smart city initiatives have been the driving forces behind the market. Digitization has greatly assisted in improving management decisions and extending organizational outreach. Prominent business entities across the MENA region have effectively capitalized on digital integration to improve customer understanding and promoting top-notch growth.

Growing real-time analytics and coalescence of commerce, marketing and sales onto one platform have propelled the demand for digital transformation solutions in the MENA region. Furthermore, the COVID-19 pandemic has added fuel to the fire, evident in the increasing volumes of digital transactions, particularly in the banking, financial services and insurance (BFSI) domain as well as increasing demand for video-on-demand services. Over the past 3-4 months, work-from-home arrangements initiated by business organizations have led to an upsurge in videoconferencing, virtual school and college classes and online transactions, which have significantly bolstered the demand for better access to the internet in the region.

"Enabling smart technology with a view to enhance organizational flexibility and mobility has accelerated digital transformation across professional settings. These technological enhancements are generating an upswing in business models and value chains. To ensure healthy growth, companies must continue investing in digital transformation and integration and enhance revenue pools," concludes a prominent FMI analyst.

Request a report sample consisting of 87 pages to gain in-depth market insights on https://www.futuremarketinsights.com/reports/sample/rep-ma-39

MENA Digital Transformation Market- Key Takeaways

A major portion of the MENA digital transformation market revenue was generated in the GCC region. Favorable government legislations permitting the proliferation of e-commerce and e-banking is the principal growth driver.
Increasing ICT devices penetration such as smartphones, laptops and tablets are providing individuals and corporate houses internet access, allowing for the gestation of the digital transformation market.
The MENA digital transformation market expanded at a robust CAGR of more than 15% between 2014 and 2020. Growth is expected to surge even further in the future.
BFSI sector is at the pinnacle, with a share amounting to almost a quarter of the MENA digital transformation market.

MENA Digital Transformation Market- Prominent Drivers

Leniency in government regulations has enabled the procreation of digital transformation solutions across business organizations and individual households in the MENA region.
The trend of online reading has pushed technology solution providers to design e-newspapers, e-books and e-magazines for various publishing houses, government think-tanks and agencies, thereby boosting growth prospects for the MENA market.

MENA Digital Transformation Market- Key Constraints

High volatility in technological advancements force companies to direct a huge chunk of their revenue towards procuring these solutions. This proves to be expensive and reduces profit margins.
Adapting to constant technological changes requires organizations to groom their employees to make effective usage of the same. This leads to substantial expenditure on training programs customized according to employee capabilities.

Anticipated Impact of COVID-19

With shifting global narratives concerning commerce in the wake of COVID-19, organizations are reorienting their priorities on minimizing exposure of their employees, enforcing remote working directives and mandatory social distancing. Naturally, leveraging digital platforms has acquired top priority in these challenging times. Employees have been encouraged to become adept with information technology to conduct daily business activities. With respect to the MENA region, digital transformation solutions have surged massively in the domain of online banking and fintech services. Online payments have reached more than three-quarters of the total market share across all countries while e-commerce is set to reach a valuation of US$ 28.5 billion by 2022. With over three-fifths of the population having access to smartphones, it is no surprise that digital solutions will experience a significant spike in the coming years.

The pandemic has ushered in a paradigm shift in the nature of monetary transactions among people. Earlier, people were highly skeptical about utilizing online platforms for completing their transactions due to trust and security issues. However, as the intensity of the pandemic accelerated, people have been compelled to reconsider and challenge their existing belief systems, eventually shifting towards digital platforms. Bahrain, for instance, is a case in point wherein the Gulf nation has been pooling its resources in developing a robust fintech system and augmenting banking expertise. Beginning at very early stages, the country has been able to sustain its economy even in the most trying times. Inspired by its success, other Middle Eastern and North African regions are leaving no stone unturned to incorporate digital finance solutions within their economies.

Explore the MENA digital transformation market consisting of 51 illustrative figures, 3 data tables and the table of contents. You can also find a detailed market segmentation on https://www.futuremarketinsights.com/askus/rep-ma-39

Competition Landscape

The MENA digital transformation market comprises of the below mentioned market players: Capgemini, Microsoft Corporation, CA Technologies, Accenture PLC, Deloitte, Wipro Limited, IBM Corporation, Hewlett Packard and Oracle Corporation. Investments in cloud computing, data enhancement and engagement with data analytics are some key strategies followed by vendors such as IBM. Furthermore, collaboration with smaller players in order to expand business capabilities is another important strategy followed by the abovementioned players. For instance, IBM Corporation collaborated with WPP, a communications services provider to develop a robust cloud-based digital service infrastructure while Wipro collaborated with Adobe to create integrated analytics, commerce, and marketing and customer experience solutions in 2014.

More Valuable Insights on the MENA Digital Transformation Market

The MENA digital transformation report by FMI incorporates an unbiased analysis of key industry drivers, challenges, market trends and the structure of the market for the period 2014-2020. The analysis has been carried out based on the following segments: digital services (consulting, technology integration, technology implementation and digital operations & management services), digital software (digital content & application, digital sales & commerce, digital marketing, digital customer experience and digital integration) and end-user (retail, BFSI, energy & utility, telecom, healthcare, manufacturing, services, media and entertainment, transportation and public sector). These segments have been analyzed across the following regions: GCC, Saudi Arabia, North Africa and Other Middle East.

Explore FMI's Extensive Coverage on the Electronics, Semiconductors and ICT Landscape

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Mindfulness Meditation Application Market: FMI's latest analysis of the mindfulness meditation application market sheds light on catapulting market shares of key software providers investing in the development of meditation apps and their scope for the forecast period 2020-2030.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/mena-digital-transformation-market
Press Release Source: https://www.futuremarketinsights.com/press-release/mena-digital-transformation-market

SOURCE: Future Market Insights

ReleaseID: 594909

Ductile iron pipes market leaders are expected to seek strategic mergers and acquisitions, in addition to optimizing supply chains to partially mitigate losses resulting from the coronavirus pandemic.

ROCKVILLE, MD / ACCESSWIRE / June 23, 2020 / The coronavirus outbreak has had a severe impact on the global economy. Also, strict regulations associated with movement and transport have impacted a number of industrial verticals. Manufacturing and infrastructural activities have been temporarily suspended, to minimize the risk of contagion in workplaces. Consequently, these trends are projected to have a negative impact on the global ductile iron pipes market in the short term.

The global ductile iron pipe market has been estimated to grow at a healthy 5.7% CAGR throughout the assessment period between 2020 and 2030. As per the Fact.MR report, industrial applications such as water supply systems will sustain the demand for ductile iron pipes once restrictions are relaxed. The growth of infrastructural and manufacturing projects will also aid in strengthening demand.

"Growing trends of industrialization and urbanization is substantially boosting the need for ductile iron pipes. Applications in sewage water application has also grown as governments are investing increased resources towards water sanitation initiatives. Ductile iron pipes are commonly utilized for wastewater and water supply management. Strong support and investment by governments in wastewater management drives the demand for ductile iron pipes," says the FACT.MR study.

Request a report sample of a 150+ pages to gain comprehensive market insights at

https://www.factmr.com/connectus/sample?flag=S&rep_id=4182

Ductile Iron Pipes Market- Key Takeaways

700 to 1000 mm ductile iron pipes are highly sought after owing to applications in water supply management.
Water distribution applications will account for a substantial portion of revenue share in the global ductile iron pipes market.
Irrigation applications are gaining traction with tech advances in the global agriculture sector.
North America and Europe are prominent ductile iron pipes markets. However, Asia Pacific is rapidly gaining ground owing to irrigation and water supply applications in China and India.

Ductile Iron Pipes Market- Driving Factors

Growing issues of water scarcity, and the imminent need for optimized water distribution systems are key growth factors.
Rising investments in infrastructural projects by governments will drive demand for ductile iron pipes.
Waste water treatment applications will generate key remunerative opportunities, particularly in developing economies.
Material and production tech advancements will help boost sales and cost-effectiveness for new product offerings.

Ductile Iron Pipes Market- Key Restraints

Easy availability of substitutes in plastic variants is likely to hinder sales and revenue.
Limitations in applications with corrosive fluids will hold back adoption and market growth.

COVID-19 Impact on Ductile Iron Pipes Market

With the high contagiousness of coronavirus, the drop in industrial and infrastructure projects has restricted the sales and application of ductile iron pipes. Also, the sudden drop in new manufacturing orders are also limiting market growth. Governments are also limiting the use of public water supply to minimize the spread of the contagion, hampering applications of ductile iron pipes.

On the other hand, the critical need of water supply and waste water applications, particularly in developing countries will help in a strong recovery of the industry post the pandemic. Also, rising applications in industrial and manufacturing will help market growth once the pandemic is brought under control.

Discover more about the global ductile iron pipes market consisting of 210 figures and 94 data tables, along with the table of contents. You can find the market segmentation on

https://www.factmr.com/report/4182/ductile-iron-pipes-market

Competitive Landscape

The ductile iron pipes market is largely fragmented. Leading market participants are investing their resources in expanding their production capacities in addition to widening their product portfolios. For example, Tata Metaliks has initiated a ductile iron pipe expansion project in West Bengal, India in 2019.

Xiamen Landee Industries Co. Ltd., Saint-Gobain PAM, Kubota Corporation, Jindal SAW Ltd., McWane Inc., Tata Metaliks, Electrosteel Steels Ltd., U.S. Pipe, Duktus (Wetzlar) GmbH and Co. KG, and American Cast Iron Pipe Company are some of the prominent ductile iron pipes producers in the global market.

About the Report

This study offers readers a comprehensive market forecast of the ductile iron pipes market. Global, regional and country-level analysis of the latest industry trends impacting the ductile iron pipes market is covered in this FACT.MR study. The report offers insights on the ductile iron pipes market on the basis of diameter (DN80 – DN 300, DN 350 – DN 600, DN 700 – DN 1000, DN 1200 – DN 2000, and DN 2000 and above), external protection (Zn/Zn-Al + Bitumen/Epoxy, PE, PU, and ceramic epoxy) application (potable water distribution, sewage & wastewater, irrigation, mining, and others), and sales channel (direct sales and indirect sales) across six regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).

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SOURCE: Fact.MR

ReleaseID: 594908

APICORP receives credit rating of 'AA' with a Stable Outlook from Fitch Ratings, reflecting strong credit profile and continued growth

Stable outlook a reflection that APICORP's credit profile is resilient to negative pressures stemming from the COVID-19 pandemic and oil price shock
Key drivers of the rating include APICORP's intrinsic credit features, excellent capitalization, low risk profile, high credit quality of its borrowers and strong risk management practices
Fitch assesses APICORP's access to capital markets and alternative sources of liquidity as 'strong'
This second rating makes APICORP the only financial institution in the MENA region rated 'AA' by Fitch and 'Aa2' by Moody's

DAMMAM, SAUDI ARABIA / ACCESSWIRE / June 23, 2020 / The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today announced that Fitch Ratings assigned it a Long-Term Issuer Default Rating (IDR) of 'AA' with a Stable Outlook.

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According to Fitch, APICORP's Long-Term IDR of 'AA' is based on excellent capitalization with low risk profile, and strong liquidity assessment with a 'medium risk' business environment. The Stable Outlook reflects Fitch's view that "APICORP's credit profile is resilient to negative pressures stemming from the COVID-19 pandemic and oil price shock."

Furthermore, Fitch affirmed that APICORP, as a commercially focused MDB with an above-peer level of internal capital generation, has been profitable in almost every year since its inception. This is, in Fitch's view, due to very limited credit losses, as evidenced by the high credit quality of its borrowers and 'very low' NPL [non-performing loans], as well as strong performance of the equity portfolio.

Dr. Ahmed Ali Attiga, CEO of APICORP, said: "We are pleased that the new rating from Fitch reaffirms APICORP's robust and healthy financial profile, underpinned by a sustainable business model that continues to drive value and growth. This is a testament of APICORP's ability to execute its important public mandate in the strategic and vital energy sector within our Member Countries, and beyond. Moreover, we are delighted with the recognition of our strong and prudent governance and risk management frameworks, policies, and tools, which alongside our strong business origination and management, ensure APICORP's overall resilience, despite the COVID-19 pandemic and oil price fluctuations."

Notably, Moody's Investor Service reaffirmed APICORP's credit rating of 'Aa2' with a 'Stable' outlook, in April this year, reflecting its strong financial fundamentals, despite current economic and market shocks.

This second rating makes APICORP the only financial institution in the MENA region rated 'AA' by Fitch and 'Aa2' by Moody's.
APICORP also posted strong financial results for the year ended 2019, including a 17% Y-O-Y increase in net recurring income to USD112 million, up from USD96 million at year end 2018. Moreover, APICORP's General Assembly ratified a landmark callable capital increase to USD8.5 bn, in April 2020, demonstrating strong shareholder support and long-term commitment.

For the full report from Fitch: https://www.fitchratings.com/research/sovereigns/fitch-rates-arab-petroleum-investments-corporation-at-aa-outlook-stable-22-06-2020

For further information:

Hassan Al-Jundi
APICORP
Mobile: +966 55 8012942
Email: haljundi@apicorp.org

Zeeshan Masud Daniel Chinoy
Weber Shandwick Weber Shandwick
Mobile: +971 55 918 6751 Mobile: +971 50 255 3402
Email: zmasud@webershandwick.com Email: dchinoy@webershandwick.com

About APICORP

The Arab Petroleum Investments Corporation (APICORP) is a multilateral development financial institution established in 1975 by an international treaty between the ten Arab oil exporting countries. It aims to support and foster the development of the Arab world's energy sector and petroleum industries. APICORP makes equity investments and provides project finance, trade finance, advisory and research. APICORP is rated 'Aa2' with stable outlook by Moody's and 'AA' with a stable outlook by Fitch. APICORP's headquarters is in Dammam, Kingdom of Saudi Arabia.

More information can be found at: www.apicorp.org

SOURCE: APICORP via EQS Newswire

ReleaseID: 594915

100+ Agencies Request BolaWrap in Last Month; 36 Agencies Register For Grant Assistance

TEMPE, AZ / ACCESSWIRE / June 23, 2020 / Wrap Technologies, Inc. (the "Company" or "Wrap") (NASDAQ:WRTC), an innovator of modern policing solutions, today announced the Company has received more than 100 requests for BolaWrap demonstrations and training in the last month. An additional 36 agencies have applied for grant assistance since the June 4 debut of our Grant Assistance Program.

"Agencies have been reevaluating their use of force methods and tools during encounters with subjects who need to be detained," said Mike Rothans, Chief Operating Officer at Wrap Technologies. "BolaWrap is at the forefront of conversations, as our remote restraint device is the only tool on an officer's belt designed to restrain a noncompliant subject without inflicting pain."

Due to the COVID-19 travel restrictions, the Company has been performing webinar demonstrations for law enforcement agencies eager to implement BolaWrap. Now that travel restrictions have begun to ease, agencies have been inviting the Company for in-person demonstrations and ‘Train the Trainers' sessions.

"Prior to COVID-19, our distributors and internal sales team were performing over 100 demonstrations a month," said Tom Smith, President at Wrap Technologies. "With the continuing conversation about law enforcement use of force and the resulting increased interest in BolaWrap, we anticipate the number of virtual and in-person demonstrations to grow."

About Wrap Technologies (Nasdaq:WRTC)

Wrap Technologies is an innovator of modern policing solutions. The Company's BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar® tether to entangle an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the Company's Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. For information on the Company please visit www.wraptechnologies.com. Examples of recent media coverage are available as links under the "Media" tab of the website.

Trademark Information: BolaWrap is a trademark of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

Cautionary Note on Forward-Looking Statements – Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the Company's overall business, total addressable market and expectations regarding future sales and expenses. Words such as "expect," "anticipate," "should," "believe," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company's ability to successful implement training programs for the use of its products; the Company's ability to manufacture and produce product for its customers; the Company's ability to develop sales for its new product solution; the acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company's product solution; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the ability to obtain export licenses for counties outside of the US; the ability to obtain patents and defend IP against competitors; the impact of competitive products and solutions; and the Company's ability to maintain and enhance its brand, as well as other risk factors included in the Company's most recent annual report on Form 10-K, quarterly report on Form 10-Q and other SEC filings. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

WRAP TECHNOLOGIES' CONTACT:

Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com

SOURCE: Wrap Technologies, Inc.

ReleaseID: 594912