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India to dominate polyvinyl chloride capacity additions in Asia by 2027, says GlobalData

India is set to register the highest polyvinyl chloride capacity additions in Asia, contributing about 49% of the region’s capacity additions by 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polyvinyl Chloride Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, […]
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Indian Navy’s ambitious next-generation submarine program gathers momentum with MDL-TKMS collaboration, says GlobalData

Following the news that India’s Mazagon Dock Shipbuilders Ltd. (MDL) and German company ThyssenKrupp Marine Systems (TKMS) signed a MoU to cooperate on submarine manufacturing; Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “TKMS and MDL are expected to jointly bid for the Indian Navy’s Project-75I program, which […]
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Asia will dominate global LNG regasification capacity additions through 2027, says GlobalData

Asia will continue to dominate the global liquefied natural gas (LNG) regasification capacity additions, contributing about 70% of the total capacity additions between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘LNG Regasification Terminals Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies and Projects (New […]
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GlobalData forecasts Philippines foodservice profit sector to grow at 13.7% CAGR through 2027

The Philippines’ foodservice profit sector is set to grow at a compound annual growth rate (CAGR) of 13.7% from PHP568.8 billion ($10.4 billion) in 2022 to PHP1,080.8 billion ($18.7 billion) in 2027, predicts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Philippines – The Future of Foodservice to 2027’,” reveals that the quick-service restaurant […]
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ALS-50 loitering munitions induction to enhance precision strike capability of Indian Air Force, says GlobalData

The ALS-50 loitering munition is an advanced weapon system with a unique vertical take-off and landing (VTOL) capability, versatility, and adaptability, which allow it to engage air defense systems, ground and naval targets. The ALS-50’s induction demonstrates the ability of India’s domestic defense industry to integrate sophisticated indigenous technologies into the country’s armed forces. The move […]
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AbbVie’s Rinvoq for Crohn’s Disease to see rapid uptake by healthcare providers, says GlobalData

The FDA recently announced the approval of Rinvoq (upadacitinib), AbbVie’s Janus kinase inhibitor (JAKi), to treat adults with moderately to severely active Crohn’s Disease (CD) who have had an inadequate response or intolerance to one or more tumor necrosis factor (TNF) blockers. The decision was based on data from two randomized induction trials, U-EXCEED (NCT03345836) […]
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Future Content Delivery Networks segment poised to create opportunities for existing telco providers, says GlobalData

The Content Delivery Networks (CDN) segment is poised for growth and is expected to create a number of opportunities for existing telco connectivity providers, driven by continued innovation in products and services, according to an analysis conducted by GlobalData, a leading data and analytics company. Rajesh Muru, Principal Analyst at GlobalData, comments: “The CDN market […]
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France’s first EV battery factory will cater to estimated rise in EV demand to 17.4 million units in Europe by 2030, says Globaldata

Following the news that France has opened its first electric vehicle battery factory in Billy-Berclau in the northern region of the country; Sumit Das, Senior Analyst, Automotive at GlobalData, offers his view: “France’s first EV battery gigafactory will provide a base to step up the production of batteries and electric vehicles as the European Union […]
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Lufthansa tops list of 10 most mentioned European airlines on social media over last one year, reveals GlobalData

Travelers are heading back with intense determination this summer after being compelled to take a two-year hiatus owing to the COVID-19 pandemic and ensuing regulations, limitations, guidelines, and outright bans on travel and entry into a foreign nation. Against this backdrop, social media share of voice (Twitter and Reddit) focused on European Airlines revealed that […]
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Innovative product positioning to drive demand for low-/no-alcoholic drinks in Thailand, says GlobalData

Lifestyle modifications and health & wellness trends are the key factors propelling the uptake of low-/no-alcohol drinks in Thailand. The alcoholic beverages market, particularly beer, has seen notable growth in recent years in Thailand. Fueled by product innovation by leading companies and the recovery of the hospitality industry, the no-/low-alcohol beer market in Thailand will […]
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Lantern Pharma’s AI algorithms to assess blood-brain-barrier permeability to boost drug development, says GlobalData

As the pandemic has continued to impact the world, there has been a growing focus on the importance of developing new treatments for a range of diseases, including those affecting the brain. Lantern Pharma, a clinical-stage biopharmaceutical company, has developed artificial intelligence (AI) algorithms that can predict the blood-brain-barrier permeability of any compound. Lantern Pharma’s […]
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