Offshore oil and gas sector had been hit hardest by the sustained low oil prices during 2014-2017, owing to higher breakeven prices of offshore production compared to onshore conventional and unconventional oil production. • The oil prices witnessed a substantial recovery during mid-2016 to mid-2018. This has helped in driving the onshore oil and gas activity. The deepwater and ultra-deepwater offshore drilling activity, on the other hand, witnessed a further decline during the same period.

Outsourced semiconductor assembly and test refers to services offered by third-party vendors. Some of the common offerings of the companies in the market include wa fer p rocessing capability, package redesign, and characterization with thermal analysis and qualification, burn-in, life-testing, and several other techniques.

Buildings use energy to maintain a comfortable and cool environment inside through cooling, ventilation, and heating of interior spaces as and when required. Besides, buildings also use energy to power home appliances, lighting systems, computers, and other office equipment. Energy use in buildings accounts for nearly 40% of the global energy consumption and 36% of the total energy-related carbon dioxide emission. These high percentages of energy usage and carbon dioxide emission need to be minimized to conserve more energy. The problem can be addressed by improving the efficiency of the equipment used inside buildings. This has increasingly led to the usage of plastic materials in buildings, as their usage has led to more energy conservation.

Pet humanization is a result of changes in people’s lifestyles, changing demographic patterns, and consumer preferences. Furthermore, the rising income, growing pet humanization, and people’s affection for pet strengthen the market studied. The shift in pet ‘ownership’ to ‘parenting’ has been a very crucial trend in the market studied, particularly in the developed countries. Over one-third of the households in the developed countries own a pet. However, consumers are now becoming aware that pet food and home-made food consist of separate nutritional elements and that pets need to be fed a diverse range of food, as part of providing an adequate diet. Hence, the demand for high-quality pet food is increasing, supported by the rise in pet ownership.

The global parachute market is experiencing growing with the increasing demand for extreme sports, like para jumping and parasailing. The number of enthusiasts for these sports has increased considerably over the years, and this is further augmenting the growth of the market. Increasing incidences of military deployments in regions, like the Middle East and Asia- Pacific, are helping the market to grow. Several military missions usually require air-drop of troops and military cargo. This generates the need for military parachutes that can carry huge loads as the troops themselves carry several ammunitions and communication systems with them.

As a result of the growing demand for generic medicines and biologics, the capital-intensive nature of the business, and the complex manufacturing requirements, many pharmaceutical companies have identified the potential profitability in contracting with a CMO (contract manufacturing outsourcing) for both clinical and commercial stage manufacturing. Additionally, pharmaceutical companies have been directing their priorities toward the core areas of competency, and hence, prefer not to dispense available resources, expertise, and technology on formulating the final dose of medicines.

Mining chemicals play a major role in the processing of mineral ores. The consumption of base metals (like iron, steel, aluminum, etc.) and precious metals (such as silver, gold, and platinum) has increased steadily, owing to their various applications in many industries. These metal mining processes require mining chemicals at the stage of processing the respective ores. Tall oil fatty acids (TOFA) are used as collector chemicals in mining processes. It is used as a frothing agent in the flotation process for reclaiming low-grade copper-, lead-, and zinc-bearing ores. OLEOflot, a major brand of IOP (Industrial Oleochemical Products), is a blend of tall oil fatty acids. It is most commonly used as mining chemicals.

The electronics industry is by far the largest end-user segment, which accounted for more than 50% of the consumption of polyimide films in 2018. This is majorly due to its wide application base in the industry, including usage in housing cell phones, computers, electrical chargers, fax machines, pagers, connectors, battery boxes, etc.  Moreover, polyimide films offer properties that make them highly suitable for the electronics sector. These properties include light weight and impact- and shatter- resistant qualities, temperature resistance, high service temperature, ductility, and toughness in thin sections.

Buildings use energy to maintain a comfortable and cool environment inside through cooling, ventilation, and heating of interior spaces as and when required. Besides, buildings also use energy to power home appliances, lighting systems, computers, and other office equipment.  Energy use in buildings accounts for nearly 40% of the global energy consumption and 36% of the total energy-related carbon dioxide emission. These high percentages of energy usage and carbon dioxide emission need to be minimized to conserve more energy. The problem can be addressed by improving the efficiency of the equipment used inside buildings. This has increasingly led to the usage of plastic materials in buildings, as their usage has led to more energy conservation.

The applications of radar are becoming more diverse, and commercialization is accelerating, owing to significant advances in digital and RF/microwave technologies. Currently, there are various radar applications, from traditional defense and surveillance to automotive radar, for driver assistance to biomedical radar for imaging, monitoring, and treatment. For all of these applications, the competitive environment demands rapid cycles of design, system integration, prototyping, and testing.