Support for data center development from the government is high in the US. Over 30 states are providing tax incentives for data center development in the US. It also includes land for development and supportive utility power supply.

The Latin American countries have been attracting foreign glass bottle makers and other companies, owing to the factors like rich natural resources, low-cost labor, and increasing consumer expenditure. Although the economic growth rate of some of the regions, like Argentina, have not been very encouraging, the regions such as Brazil, Chile, Colombia, Peru, and Mexico witnessed positive growth rates. The improving economy made the regions the major consumers of packed food and beverage, personal care goods, and even electronics. The demand mostly came from the urban population, which constitutes 81% of the total population of Latin America and the Caribbean. Consider the case of Brazil for instance, Brazil’s middle-class prosperity is second only to China, with more than 15 to 17 million households forecasted to break through the middle-class income limit by 2021.

Latin America injection molding machines market (henceforth, referred to as the market studied) is expected to reach a value of USD 968.02 million in 2019 and USD 1,181.33 million in 2024, at an estimated CAGR of 4.06% during 2019-2024 (henceforth, referred to as the forecast period). Major factors driving the market studied are – increasing demand in the automotive industry in Brazil and high demand from the packaging industry. High initial cost and economic crisis in Latin America are expected to majorly hinder the growth of the market studied. Technological advancement in the injection molding machine is expected to offer various opportunities for the growth of the Latin America injection molding machine market during the forecast period.

The global dairy products market is identified as a mature market that has grown significantly to cross over $500 billion in revenues in 2018. The market is characterized by intense competition across all its product categories. The significance of this industry stems from the fact that its products are consumed across all age groups. This makes  the industry highly competitive. The range of products in the dairy industry is also an important factor for the packaging industry as the packaging varies according to the product that needs to be packaged. A combination of a slowing economy and intense competition results in margins pressure as value for money is the key in the industry. Regions with low disposable income or slowing economy face packaging challenges such as efficient packaging with lower cost of manufacturing.

Data centers are mainly built in response to growing customer demand. However, the areas for the development and operation of data centers are identified based on factors such as power availability, fiber connectivity, and availability of skilled labor. Most of the modern data centers are built as per Tier III and Tier IV standards, thereby enabling high availability of service offerings. The Latin American market has grid power stability challenges. However, it supports free cooling, thereby reducing the power consumption by cooling systems. The major site selection criteria for data centers in Latin America are mentioned in the table below, along with the identified level of importance for each criterion and a description of the same.

In 2018, in an environment of economic growth and loose monetary conditions, with the Central Bank keeping the monetary policy rate at a multi-year low of 4.25%, the Colombian banking sector posted a loan portfolio expansion of 6.1% y/y and total asset increase of 2% y/y (both measured in COP). Total net profit for the sector increased considerably by 25.6% y/y, boosted by low rates on funding sources (mostly deposits) and a reduction in administrative expenses. This improvement in sector performance was reflected in an increase in total shareholder equity of 8.9% y/y, ending 2018 at COP 82.9tn. The solvency of credit institutions, defined as capital buffers and liquid assets held as a share of total assets, remains at comfortable levels, with the sector average solvency index hovering around 16% as of December 2018, well above the regulatory minimum of 9%. The liquidity risk index, which measures the share of liquid assets that banks hold and can be used to manage short-term liabilities, stood at a high 300% level at end-2018.

Artificial intelligence (AI) has found its way into everyday applications in various ways, including language recognition tools and AI-assisted cameras on smartphones, analysis of financial transactions in banks, and algorithms for self-driving cars. Medical imaging is undergoing a fundamental transformation with the advent of AI for various applications, ranging from diagnosis to treatment suggestions.

Ethylene vinyl acetate (EVA) resin, also called as polyethylene vinyl acetate (PEVA), is an elastomeric polymer, which is used to produce materials that are soft and flexible like rubber. It possesses properties such as high gloss and resistance to stress & cracks. The weight percent of vinyl acetate usually varies from 10 to 40%.

In Europe, organic farming is practiced primarily due to its social, health, and environmental benefits. Through organic farming, farmers can achieve low emission levels of greenhouse gases, as compared to conventional farming techniques.

The European construction sector is recovering, and is expected to grow steadily over the next five years, owing to the increased public expenditure on infrastructure. The recovery may significantly support the growth of the polycarbonate sheet market, during the forecast period. Factors driving the growth in construction demand include robust economic growth, along with increasing household income and corporate profits. Large infrastructure projects in countries, such as Russia, the Netherlands, Switzerland, and France, are driving the demand for the market studied in the region.