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Yahoo
6 days ago
- Business
- Yahoo
James Cleverly should be allowed to speak about net zero
There will be a great wailing and a gnashing of teeth in parts of the Conservative Party tonight when former foreign secretary, former home secretary and former Tory leadership candidate James Cleverly takes the stage. Speaking at an event organised by the Conservative Environment Network, Cleverly will don the mantle of moderate conservatism and make the case for his party to embrace the drive towards net zero. This is a direct challenge to the party leader, Kemi Badenoch, who has been trying to woo Reform supporters back to the Tories by rejecting the Government's ambition to achieve a fully carbon-neutral UK by 2050. It's an act of political courage by Cleverly, who, had it not been for last-minute strategic shenanigans by his fellow MPs in the final round of voting in last year's leadership election, might now be sitting in the leader of the opposition's offices at Westminster. Cleverly already has a USP as a Tory politician: he sounds reasonable, down-to-earth and self-effacing, and was one of the party's more effective ministers in government. Taking a brave and principled stand in the face of public and party opinion doesn't necessarily make one right, however. But give Cleverly his due: no other MP has dared raise the standard for moderate conservatism since the party's well-deserved humiliation at the polls last year, despite its long and honourable tradition of centrism. It was only Margaret Thatcher's arrival as leader in 1975 that transformed the former 'one nation' Conservatives into a more radical, Right-wing, ideological and – for a time, at least – electorally dominant party. That moderate tradition, most recently and effectively represented by the former chancellor and three-times leadership contender, Ken Clarke, remains a serious and respected strand within the party. Without it, the Tories might as well rebrand themselves 'Reform' and invite Nigel Farage to take over as leader. The last Conservative leader of the opposition to succeed in becoming prime minister was that well-known 'green' Tory, husky-hugging David Cameron. True, he only won the keys to Number 10 with the help of the Liberal Democrats, but he also won 37 per cent of the electorate's support – significantly more than the victorious Labour Party won last year. Alas, I fear, for Cleverly, times are very different today. The Conservatives still need to be a broad coalition that includes the likes of Cleverly sitting alongside, not behind, Badenoch on the green benches. But the nation's focus has shifted in the last 15 years, hence the apparent advance of Farage and his party. In 2010 there was a degree of consensus across the main parties that the science of climate change was unarguable and that the outcome of elections would decide to what extent we might avoid global catastrophe. Cynicism has set in since then. People still believe the science, but have heard the increasingly dire warnings so often that they no longer believe there's much that mere mortals in Whitehall can do about it. There is certainly a much higher degree of scepticism in the UK about the wisdom of sacrificing personal income (in the shape of higher taxes), jobs and our standard of living in order to slow a chemical process that is largely being caused by much larger countries who are doing much less to prevent it. Even Tony Blair, the former Labour prime minister, has warned that net zero is 'doomed to fail' and that it was wrong that people were 'being asked to make financial sacrifices and changes in lifestyle when they know that their impact on global emissions is minimal'. Arguably, when Cleverly has deliberately chosen to ally himself with the Government's chief net zero evangelist, climate change secretary Ed Miliband, 'courageous' is understating the case. Still, Cleverly is a big beast in the political jungle of Westminster, and the Conservative Party, reduced to barely 120 Commons seats, can hardly afford to reject his counsel entirely. Voters are naturally suspicious of parties that confine themselves to a narrow bandwidth of political opinion – it restricts their ability to appeal to as broad a slice of the electorate as is necessary to win elections. Thatcher solved that problem by having the likes of Jim Prior and Ian Gilmour in her cabinet. Cameron did it by keeping colleagues such as Iain Duncan Smith and Liam Fox within his centrist embrace, as well as Ken Clarke himself. Strategically, I suspect Cleverly is wrong and Badenoch is right on net zero: public anger about domestic bill prices is real at a time when the government is making life ever more difficult and expensive for our domestic oil and gas industry. That is a political reality that would still exist even without challenge on the Conservatives' Right flank from Reform, and there seems little public appetite for more concessions by UK consumers to compensate for the inaction of the US, China and India. Some will criticise Cleverly for timing his intervention on the eve of the Hamilton by-election for the Scottish Parliament. I hate to break it to them, but not only were the Conservatives never in contention in this former Labour heartland seat, but they are nowhere near challenging for office at next year's Holyrood elections. The best the party was ever likely to do in tomorrow's contest was to trail in fourth place, behind the SNP, Reform and Labour. Cleverly's choice to delay his speech would not have changed that outcome. But the Braintree MP is an asset to the party and ought to be seen as one. He's wasted on the back benches. If his disagreement with his leadership over net zero cannot be navigated and accommodated, the Conservative Party is in an even worse condition than I thought. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
Business Wire
7 days ago
- Business
- Business Wire
Gore Launches 0.5 mL Silicone-Free GORE® IMPROJECT® Plunger for Ophthalmic Pre-Filled Syringes
NEWARK, Del.--(BUSINESS WIRE)--W. L. Gore & Associates, Inc. ('Gore'), a global materials science company, recently announced the commercial launch of the 0.5 mL silicone-free* GORE® IMPROJECT® Syringe Plunger within its PharmBIO business. The new offering is specially designed for prefilled syringes used in various applications, including ophthalmic intravitreal injections, and complements the GORE IMPROJECT 1 mLL plunger which Gore launched in mid-2018. Gore's 0.5mL plunger, in combination with a silicone-free glass or advanced polymer syringe barrel, enables pharmaceutical companies to achieve what they've been asking for. To reduce risk associated with silicone by enabling its removal from the syringe. Share Conventional pre-filled syringe systems use silicone to provide a seal and act as a lubricant between the barrel and the plunger. However, peer reviewed literature highlights various problems with silicone including elevated subvisible particulate levels, silicone accumulation in the eye resulting in floaters, silicone-induced protein aggregation resulting in immunological responses, and ocular inflammation and increased intraocular pressure (IOP). In addition, silicone-containing syringes have been associated with particle count increases and fatty acid creation over time. The new plunger enabled syringe systems to achieve particulate levels below the limits of the USP<789> subvisible particle standard in testing performed. The plunger is capable of being terminally sterilized and has been shown to provide suitable break loose and glide force (BL/GF) and CCI performance when used in combination with appropriate syringe components and commercial fill and finish processes. 'Gore's 0.5mL plunger, in combination with a silicone-free glass or advanced polymer syringe barrel, enables pharmaceutical companies to achieve what they've been asking for. To reduce risk associated with silicone by enabling its removal from the syringe plunger and barrel,' emphasized Gore Syringe Business Leader, Emily Oliver. To develop this new product Gore worked closely not only with pharma companies, but also CMOs, terminal sterilization companies, machine companies that design equipment for fill operations, and leading syringe barrel suppliers to bring forth the 0.5 mL silicone-free GORE IMPROJECT Plunger for pre-filled syringes. 'We involved key partners to ensure the product meets the needs of stakeholders throughout the value chain including rigorous fill & finish requirements. This is a breakthrough solution for the industry and was designed with the goal of improving patients' lives,' highlights Russ Hornung, Gore Business Development Manager. The GORE IMPROJECT Plunger may enable today's more challenging ophthalmic injections without the need to introduce silicone oil, cross-linked silicone or resin enhanced silicone. With increasing needs for precise, low-volume injections in ophthalmology, gene therapy, and pediatric care, Gore's 0.5 mL prefilled syringe plunger offers a new alternative. Designed for silicone sensitive applications, this innovation underscores Gore's commitment to enhancing patient outcomes and to driving growth in the evolving injectable therapeutics market. PharmBIO enables life improving therapies of our customers through our leading products and commercial capability. In a highly regulated industry marked by economic pressures and drug development and processing challenges, Gore provides technology-driven products and process components designed for safety, efficiency, reliability and productivity. Gore PharmBIO is focused on satisfying the evolving product, regulatory and quality needs of medical device manufacturers, pharmaceutical and biopharmaceutical customers. The products in the Gore PharmBIO portfolio are tested and manufactured under our stringent quality system. W. L. Gore & Associates is a global materials science company dedicated to transforming industries and improving lives. Since 1958, Gore has solved complex technical challenges in demanding environments — from outer space to the world's highest peaks to the inner workings of the human body. With approximately 13,000 Associates and a strong, team-oriented culture, Gore generates annual revenues of $5 billion.
Yahoo
7 days ago
- Business
- Yahoo
Gore Launches 0.5 mL Silicone-Free GORE® IMPROJECT® Plunger for Ophthalmic Pre-Filled Syringes
NEWARK, Del., June 03, 2025--(BUSINESS WIRE)--W. L. Gore & Associates, Inc. ("Gore"), a global materials science company, recently announced the commercial launch of the 0.5 mL silicone-free* GORE® IMPROJECT® Syringe Plunger within its PharmBIO business. The new offering is specially designed for prefilled syringes used in various applications, including ophthalmic intravitreal injections, and complements the GORE IMPROJECT 1 mLL plunger which Gore launched in mid-2018. Conventional pre-filled syringe systems use silicone to provide a seal and act as a lubricant between the barrel and the plunger. However, peer reviewed literature highlights various problems with silicone including elevated subvisible particulate levels, silicone accumulation in the eye resulting in floaters, silicone-induced protein aggregation resulting in immunological responses, and ocular inflammation and increased intraocular pressure (IOP). In addition, silicone-containing syringes have been associated with particle count increases and fatty acid creation over time. The new plunger enabled syringe systems to achieve particulate levels below the limits of the USP<789> subvisible particle standard in testing performed. The plunger is capable of being terminally sterilized and has been shown to provide suitable break loose and glide force (BL/GF) and CCI performance when used in combination with appropriate syringe components and commercial fill and finish processes. "Gore's 0.5mL plunger, in combination with a silicone-free glass or advanced polymer syringe barrel, enables pharmaceutical companies to achieve what they've been asking for. To reduce risk associated with silicone by enabling its removal from the syringe plunger and barrel," emphasized Gore Syringe Business Leader, Emily Oliver. To develop this new product Gore worked closely not only with pharma companies, but also CMOs, terminal sterilization companies, machine companies that design equipment for fill operations, and leading syringe barrel suppliers to bring forth the 0.5 mL silicone-free GORE IMPROJECT Plunger for pre-filled syringes. "We involved key partners to ensure the product meets the needs of stakeholders throughout the value chain including rigorous fill & finish requirements. This is a breakthrough solution for the industry and was designed with the goal of improving patients' lives," highlights Russ Hornung, Gore Business Development Manager. The GORE IMPROJECT Plunger may enable today's more challenging ophthalmic injections without the need to introduce silicone oil, cross-linked silicone or resin enhanced silicone. With increasing needs for precise, low-volume injections in ophthalmology, gene therapy, and pediatric care, Gore's 0.5 mL prefilled syringe plunger offers a new alternative. Designed for silicone sensitive applications, this innovation underscores Gore's commitment to enhancing patient outcomes and to driving growth in the evolving injectable therapeutics market. PharmBIO enables life improving therapies of our customers through our leading products and commercial capability. In a highly regulated industry marked by economic pressures and drug development and processing challenges, Gore provides technology-driven products and process components designed for safety, efficiency, reliability and productivity. Gore PharmBIO is focused on satisfying the evolving product, regulatory and quality needs of medical device manufacturers, pharmaceutical and biopharmaceutical customers. The products in the Gore PharmBIO portfolio are tested and manufactured under our stringent quality system. About Gore W. L. Gore & Associates is a global materials science company dedicated to transforming industries and improving lives. Since 1958, Gore has solved complex technical challenges in demanding environments — from outer space to the world's highest peaks to the inner workings of the human body. With approximately 13,000 Associates and a strong, team-oriented culture, Gore generates annual revenues of $5 billion. Referenced peer-reviewed literature available upon request.*silicone not intentionally added as a raw material or in the manufacturing process View source version on Contacts Media Contacts W. L. Gore & AssociatesNicole Miller, Gore Communications & External AffairsContact by email W. L. Gore & AssociatesErnesto Sosa, Gore PharmBIO Global Marketing LeaderContact by email Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Cyclo Olefin Polymer (COP) Films Market to Reach $2.6 Billion by 2034, Fueled by Rising Demand in Medical, Packaging and Electronics Sectors
Cyclo Olefin Polymer (COP) Films Market Outlook (2025–2034) Luton, Bedfordshire, United Kingdom, May 27, 2025 (GLOBE NEWSWIRE) -- Market Overview The Cyclo Olefin Polymer (COP) films market is projected to reach a value of approximately $1.5 billion in 2024, driven by increasing demand in the medical, packaging, and electronics sectors. During the forecast period from 2025 to 2034, the market is expected to show robust growth, with a projected market value of $2.6 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of around 6.2%. Get a Sample PDF Brochure: Key trends influencing the market include rising demand for lightweight and high-performance materials, advancements in polymerization technology, and a significant push for sustainable packaging solutions. Moreover, the increasing uptake of COP films in medical technology, particularly in drug delivery systems and diagnostic devices, is anticipated to bolster market films, known for their optical clarity, biocompatibility, and thermal resistance, are increasingly replacing traditional polymers in critical applications. Their role in medical diagnostics, smart packaging, and display technologies is expected to be instrumental in market evolution. Market Segmentation By Product Type Transparent Films Opaque Films By Application Packaging Medical Electronics By End User Pharmaceuticals Consumer Goods Electronics Manufacturers By Technology Injection Molding Film Extrusion By Distribution Channel Direct Sales Online Sales Material Type Analysis Cyclo Olefin Polymer (COP) COP is a type of amorphous polymer derived from norbornene and other cyclic monomers via ring-opening metathesis polymerization (ROMP). Its unique molecular structure results in superior performance characteristics, making it the leading material type in this market. Key Properties & Advantages: High Optical Clarity: Near glass-like transparency, essential for optical and medical applications. Low Moisture Absorption: Maintains dimensional stability in humid conditions. Excellent Barrier Properties: Superior resistance to moisture, oxygen, and other gases—ideal for pharmaceutical packaging. Biocompatibility: Safe for direct contact with human tissue and fluids, making it FDA and USP Class VI compliant. Thermal Stability: Maintains structural integrity under sterilization (gamma, steam, or ethylene oxide). Applications: Medical Diagnostics: Used in microfluidic devices, diagnostic cassettes, and bio-chips. Optical Components: Employed in lenses, light guides, and high-end displays. Sterile Packaging: Ideal for syringe barrels, blister packs, and single-use medical devices. Browse full Report - Cyclic Olefin Copolymer (COC) COC is a copolymer formed by combining ethylene with cyclic olefins. It shares many properties with COP but offers unique advantages in specific applications. Key Properties & Advantages: Higher Thermal Resistance: Withstands temperatures up to 170°C, suitable for hot-fill and sterilization processes. High Rigidity and Stiffness: Offers a robust alternative to polycarbonate and polystyrene. Low Extractables: Important for sensitive drug formulations. Recyclability: Compatible with mono-material recycling streams, making it attractive for sustainable packaging. Applications: Sustainable Packaging: Used in recyclable pharmaceutical blister packs and food trays. Medical Containers: Vials and ampoules with minimal interaction with drug contents. High-Barrier Films: For flexible pouches and barrier laminates in food packaging. End-Use Industry Insights 1. Packaging (Largest Segment) The packaging sector is the primary driver of demand for COP and COC films, accounting for the largest revenue share in the market. Growth Drivers: Lightweight & Transparency: Brands prefer thinner, clearer films for modern, minimalist packaging designs. Shelf Life Extension: COP films' barrier properties help preserve pharmaceuticals, perishable foods, and sensitive electronics. Regulatory Push: Strict regulations in the EU and North America are promoting high-performance, non-toxic packaging materials. Applications: Pharmaceutical Blisters Food-grade Pouches & Wraps Consumer Electronics Packaging Sterile Barrier Systems 2. Medical Devices (Fastest-Growing Segment) COP films are revolutionizing the medical industry due to their safety and performance. The segment is projected to grow at the highest CAGR during the forecast period. Key Advantages: Biocompatibility: Meets USP Class VI and ISO 10993 requirements. Chemical Inertness: No reaction with most acids, bases, and solvents used in drug formulations. Sterilization Compatibility: Maintains integrity under autoclaving, gamma irradiation, and EtO processes. Applications: Pre-filled Syringes & IV Containers Diagnostic Kits & Lab-on-a-Chip Devices Drug Delivery Systems Catheter Packaging 3. Optical Applications The optical and optoelectronics sector is increasingly adopting COP films for their exceptional light transmission and dimensional stability. Market Trends: AR/VR Technologies: Demand for lightweight, distortion-free lenses in immersive headsets. Smart Displays: COP films are used in OLED and LCD screen manufacturing for their low birefringence and high refractive index. Imaging Sensors: Optical-grade COP films support precision manufacturing of light-guiding components. Applications: Camera Lens Covers Virtual Reality Goggles Light Diffusers in Smart Lighting Projection Film Screens Thickness Analysis Thin Films (<100 Microns) Market Share: Dominates in flexible packaging and medical diagnostics due to reduced material usage and superior performance. Benefits: Cost Efficiency: Lower material cost and faster production throughput. Flexibility & Conformability: Suitable for overwraps and pouches that must bend or fold without cracking. Lightweight: Helps reduce shipping costs and carbon footprint. Use Cases: Flexible Food & Drug Packaging Diagnostic Strip Laminates Disposable Medical Device Covers Thick Films (≥100 Microns) Market Use: Preferred in rigid or semi-rigid packaging, optical applications, and components requiring dimensional strength. Benefits: Durability & Strength: Provides protection for high-value or fragile contents. Thermoformability: Used to mold rigid containers or trays with high clarity. Impact Resistance: Used in protective and transport packaging. Use Cases: Blister Packs for High-End Pharmaceuticals Rigid Medical Device Enclosures Optical Film Sheets in Electronics Multi-layer Laminates for Durable Packaging Buy Now : Application Insights 1. Flexible Packaging (Dominant Segment) Flexible packaging is the largest application segment for COP films due to their lightweight, transparency, and excellent barrier properties. Market Drivers: Convenience & Portability: Consumer preference for resealable, easy-to-open, and lightweight packaging formats. Shelf-Life Extension: COP films offer high oxygen and moisture barrier performance, essential for preserving food and pharmaceuticals. Customization: Easy to print and laminate, allowing for high-quality brand graphics and QR code integration. Key Applications: Pharmaceutical Sachets & Strip Packs Food Packaging (snack pouches, meat wrappers, dairy films) Electronics Components Packaging Cosmetics & Personal Care Pouches Trends: Rise in e-commerce packaging, especially for pharmaceuticals and electronics. Use of monomaterial recyclable flexible laminates to meet sustainability goals. 2. Rigid Packaging Rigid COP films are used in premium product packaging, where clarity, stiffness, and durability are critical. Market Drivers: Product Protection: Suitable for fragile or high-value items due to impact resistance. Visual Appeal: Crystal-clear visibility improves shelf impact and perceived value. Thermoformability: Used for forming structured trays and blisters. Key Applications: Pharmaceutical Blister Packs Medical Device Trays Consumer Electronics Clamshell Packaging Luxury Cosmetic Cases Trends: Growing demand in high-end nutraceuticals and clinical diagnostics. Development of sustainable rigid packaging formats using recyclable COC/COP blends. 3. Labels & Stickers COP films are increasingly used in labels and stickers, particularly for high-end branding and smart packaging. Market Drivers: Aesthetic Quality: High clarity and gloss for premium label finishes. Durability: Resistance to water, chemicals, and UV makes them suitable for outdoor and refrigerated products. Technological Integration: Compatible with RFID tags, anti-counterfeit features, and thermal printing. Key Applications: Pharmaceutical & Healthcare Product Labels Luxury Beverage & Cosmetic Labels Electronic Product Labels Security Stickers and Holograms Trends: Adoption of smart labels with traceability features. Growing demand from personalized packaging solutions in FMCG. 4. Medical Packaging Medical packaging represents a critical and rapidly expanding segment, driven by safety standards and sterility needs. Market Drivers: Biocompatibility & Sterility: COP films meet stringent standards for direct-contact applications. Chemical Resistance: Ensures no interaction with drugs or sterilizing agents. Global Healthcare Expansion: Rising demand for pre-filled syringes, IV containers, and diagnostic kits. Key Applications: Pre-filled Syringe Barrels Diagnostic Device Blisters Surgical Kit Packaging Sterile Barrier Systems Trends: Increase in home-care diagnostics and point-of-care devices post-COVID. Regulatory emphasis on tamper-evident and single-use medical packaging. Regional Analysis (Leading Region – 45% Market Share in 2024) Market Characteristics: Strong Manufacturing Base: Extensive production capabilities in China, Japan, South Korea, and India. Growing Middle-Class Population: Drives consumption of electronics, packaged foods, and healthcare products. Electronics Hub: South Korea and Japan are at the forefront of AR/VR, displays, and sensor tech that rely on COP films. Growth Factors: Rise in domestic diagnostics and pharma production. Strong government support for semiconductor and medical manufacturing sectors. Key Countries: China: Largest contributor, especially in flexible packaging and healthcare. Japan: Innovation hub for optical and medical-grade COP films. South Korea: Rapid advancements in electronics and OLED technology. America (25% Market Share, 7% CAGR Through 2034) Market Characteristics: Sustainability Focus: Push for recyclable and bio-compatible materials. Advanced Healthcare Infrastructure: High demand for sterile, single-use medical packaging. Consumer Preference for Innovation: Brands seeking premium packaging and smart labeling. Growth Factors: Adoption of COP-based blister packs over PVC due to safety and recyclability. Growth in biotech and specialty pharma sectors. Key Markets: U.S.: Dominates the region with FDA approval requirements favoring COP in drug packaging. Canada: Emerging interest in sustainable packaging innovations. (20% Market Share, 6% CAGR) Market Characteristics: Stringent Environmental Regulations: Ban on PVC and single-use plastics promoting alternatives like COP. Technological Advancements: Strong R&D focus on automotive, optics, and healthcare. Circular Economy Push: Encouraging adoption of recyclable COP/COC packaging. Growth Factors: Strong demand from Germany, France, and Nordic countries for healthcare and electronics packaging. Innovation-driven market: Active development of advanced diagnostic and imaging solutions. Key Industries: Automotive sensors, AR headsets, and diagnostics. EU Green Deal accelerates shift to sustainable packaging materials. America, Middle East & Africa (Emerging Markets) Market Characteristics: Emerging Consumer Base: Growing demand for modern packaging in consumer goods and healthcare. Healthcare Expansion: Gradual rollout of universal healthcare services fueling demand for medical packaging. Industrial Packaging: Increase in demand for protective and durable packaging solutions in chemicals and electronics. Growth Challenges: Economic Instability: Currency fluctuations and political instability may hinder investments. Infrastructure Gaps: Limited cold chain and medical supply networks slow adoption. Key Opportunities: Brazil and Mexico: Driving adoption in Latin America. UAE and Saudi Arabia: Investing in healthcare modernization and smart packaging technologies. Market Dynamics Growth Drivers Increasing adoption in medical diagnostics and pharmaceutical packaging. Rising demand for lightweight and transparent materials in consumer goods and electronics. Technological advancements in polymerization and extrusion techniques. Regulatory push for safe and sustainable materials. Market Challenges Volatile raw material prices, particularly cycloolefin monomers. Competition from low-cost alternatives like polyethylene and polypropylene. Regulatory hurdles related to material disposal and compliance. Potential supply chain disruptions due to global uncertainties. Growth Opportunities Expansion of sustainable packaging aligned with circular economy goals. Increasing adoption in smart packaging, biopharmaceuticals, and AR/VR devices. Collaborative product development between COP manufacturers and end-users. Opportunities in developing economies through government-backed sustainability initiatives. Competitive Landscape Key Players Mitsui Chemicals Dow Chemical Company SABIC Toray Industries Kuraray Co., Ltd. Zeon Corporation INEOS 3M Company Fuxin Hualong New Materials Polyplastics Co., Ltd. DIC Corporation Goodfellow Aunilex KONKA Group Recent Developments Chemicals – Strategic Partnership (March 2023) Overview: Mitsui Chemicals announced a collaboration with a leading electronics manufacturer to co-develop next-generation COP films for OLED displays. Key Details: Purpose: Enhance the performance and reliability of OLED panels by utilizing the superior optical and barrier properties of COP films. Focus Areas: Improved light transmittance and thermal resistance for OLED layers. Development of ultra-thin, flexible substrates suitable for foldable and rollable displays. Strategic Goals: Position COP films as the preferred material in high-end consumer electronics (smartphones, tablets, AR/VR headsets). Expand market penetration in Asia-Pacific, especially South Korea and Japan, where OLED manufacturing is concentrated. Implications: Strengthens Mitsui Chemicals' role in advanced display technologies. Promotes cross-industry innovation between materials science and electronics. May lead to patent developments and expanded licensing opportunities. 2. Dow Chemical Company – Eco-Friendly Product Launch (February 2023) Overview: Dow Chemical introduced a new line of eco-conscious COP films engineered for sustainable packaging applications. Key Details: Features of the New Product Line: Recyclable mono-material composition, enabling easier integration into circular economy models. Enhanced barrier protection while reducing the carbon footprint. Compatible with existing flexible packaging machinery, ensuring seamless industrial adoption. Market Focus: Targeted at FMCG, food & beverage, and pharmaceutical companies seeking sustainable solutions. Complies with global regulatory trends such as the EU Plastic Strategy and U.S. Extended Producer Responsibility (EPR) policies. Strategic Motivation: Address growing consumer concerns over plastic waste and corporate sustainability mandates. Strengthen Dow's product portfolio under the 'Sustainable Packaging' banner. Implications: Boosts brand reputation in environmentally responsible innovation. Likely to gain traction among multinational CPG brands aiming for plastic reduction targets. Encourages broader industry shift towards green alternatives in polymer films. This report is also available in the following languages : Japanese (電子戦システム市場), Korean (전자전 시스템 시장), Chinese (电子战系统市场), French (Marché des systèmes de guerre électronique), German (Markt für elektronische Kriegsführungssysteme), and Italian (Mercato dei sistemi di guerra elettronica), etc. Get a Sample PDF Brochure: More Related Reports: Maleic Anhydride Graft Polymer Market The maleic anhydride graft polymer market is valued at approximately $1.2 billion, driven by its diverse applications across industries such as automotive, packaging, and construction. The market is forecasted to reach $2.4 billion by 2034, reflecting a robust growth trajectory. This equates to a compound annual growth rate (CAGR) of around 7.2% over the 2025–2034 period. Redispersible Polymer Powder Market The global redispersible polymer powder market size was valued at USD 1.76 billion in 2020, and projected to reach USD 2.92 billion by 2029, with a CAGR of 5.78% from 2022 to 2029. Dissolvable Metal Frac Plugs Market The global dissolvable metal frac plugs market is projected to reach a valuation of approximately $620 million in 2024. The market is anticipated to expand at a robust pace, with a projected compound annual growth rate (CAGR) of 12.5% from 2025 to 2034. Fiber Reinforced Polymer FRP Composites Market The global Fiber Reinforced Polymer (FRP) Composites market is valued at approximately $85 billion in 2024, with substantial growth anticipated through 2034. Projections suggest the market will reach around $130 billion by the end of the forecast period, marking a Compound Annual Growth Rate (CAGR) of about 5.5%. Asphalt Additives and Modifiers Market The global asphalt additives and modifiers market is poised to reach an estimated value of $6 billion in 2024, with a robust projected growth trajectory signaling an increase to approximately $10 billion by 2034. This translates to a compound annual growth rate (CAGR) of around 5.2% during the forecast period of 2025–2034. Gravure Printing Plates Market The global gravure printing plates market is valued at approximately USD 1.6 billion in 2024. Forecasts indicate a robust growth trajectory, with market value expected to reach around USD 2.5 billion by 2034, driven by rising demand from packaging, publication, and decorative printing sectors. The Compound Annual Growth Rate (CAGR) for this period is projected at 5.0%, reflecting strong industry momentum. Plant Based Hemostat Powder Market The global plant-based hemostat powder market is valued at approximately $1.2 billion in 2024, driven by the increasing demand for minimally invasive surgical procedures and a growing preference for sustainable medical solutions. The market is projected to reach around $2.5 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.1% between 2025 and 2034. Textile Fluorine Free Water Repellent Market The global textile fluorine-free water repellent market is valued at approximately $1.2 billion in 2024 and is projected to reach $2.3 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of about 7.1% over the forecast period. Fluoropolymer Processing Aid Market The global fluoropolymer processing aid market is valued at approximately $1.8 billion in 2024, driven by the increasing demand for high-performance materials in various applications, including automotive, electronics, and packaging industries. As manufacturers emphasize efficiency and sustainability, the adoption of fluoropolymer processing aids is projected to grow, leading to a market value of around $3.1 billion by 2034. Polymer Modified Asphalt Market The global polymer modified asphalt market is valued at approximately $12.5 billion in 2024 and is projected to reach around $22 billion by 2034. This growth represents a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period from 2025 to 2034. Thermal Gap Fillers Market The global thermal gap fillers market is projected to reach a value of approximately $1.2 billion in 2024, driven by the increasing demand for efficient thermal management solutions in electronics, automotive, and renewable energy sectors. For the forecast period of 2025 to 2034, the market is anticipated to exhibit strong growth, reaching an estimated value of $2.5 billion by 2034, translating to a Compound Annual Growth Rate (CAGR) of around 9% during this period. EAA and EMAA Copolymer Market The global EAA (Ethylene Acrylic Acid) and EMAA (Ethylene Methacrylic Acid) copolymer market is projected to reach approximately $1.8 billion in 2024, driven by increasing demand across various industries, including packaging, automotive, and adhesives. Forecasts suggest that this market will expand to around $3.5 billion by 2034, reflecting strong growth potential. This translates to a Compound Annual Growth Rate (CAGR) of about 7.0% over the period from 2025 to 2034. Ammonium Acryloyldimethyltaurate VP Copolymer Market The global market for Ammonium Acryloyldimethyltaurate, VP Copolymer was valued at approximately $200 million in 2024 and is projected to reach around $300 million by 2034. This corresponds to a Compound Annual Growth Rate (CAGR) of about 4.5% during the forecast period from 2025 to 2034. Polymer Dispersed Liquid Crystal PDLC Film Market The global Polymer Dispersed Liquid Crystal (PDLC) film market is valued at approximately $1.2 billion in 2024 and is projected to expand significantly, reaching about $2.6 billion by 2034. This upward trajectory reflects a robust Compound Annual Growth Rate (CAGR) of around 8.1% from 2025 to 2034. 2-Methyl-4-Phenylindene Market The global market for 2-Methyl-4-Phenylindene is poised for significant growth, with a current market value estimated at approximately $120 million for 2024. Anticipated demand from sectors such as pharmaceuticals and specialty chemicals is projected to drive the market value to around $200 million by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period from 2025 to 2034. V-Cell Filter Market The global V-Cell filter market is valued at approximately $2.7 billion, driven by increasing demand for efficient filtration systems across various sectors, including automotive, pharmaceuticals, and industrial applications. The market is projected to grow significantly, reaching an estimated value of $4.5 billion by 2034, representing a robust Compound Annual Growth Rate (CAGR) of around 5.3% during the forecast period from 2025 to 2034. Cyclopentene Market The global cyclopentene market is projected to reach an estimated value of $195 million in 2024, driven by its applications in the production of resins, paints, and coatings. As industries increasingly focus on sustainable and high-performance materials, the market is expected to grow significantly, with a projected value reaching approximately $350 million by 2034. This forecast reflects a Compound Annual Growth Rate (CAGR) of around 6.2% from 2025 to 2034. Food Packaging Barrier Film Market The global food packaging barrier film market is valued at approximately $10 billion in 2024, with projections suggesting it will reach around $15.5 billion by 2034. This indicates a robust Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period from 2025 to 2034. Smart Wristband Battery Market The global smart wristband battery market is valued at approximately $4.2 billion, driven by the increasing adoption of wearable technology and heightened consumer interest in health and fitness monitoring. The market is projected to grow significantly, with an estimated value of $7.6 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of around 6.2% during the forecast period from 2025 to 2034. CONTACT: Contact Data Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in to access your portfolio
Observer
24-05-2025
- Business
- Observer
15 major projects to drive power demand growth
MUSCAT, MAY 24 As many as 15 major private sector-led industrial and commercial projects will be plugged into Oman's national grid over the next couple of years, bolstering electricity demand by an aggregate 2,000 MW and driving a new phase of national economic growth. According to Oman Electricity Transmission Company (OETC), the majority state-owned grid operator, the projects are distributed across the industrial, mineral processing, data center processing, water desalination, and oil and gas segments of the Omani economy. Topping the list, by power demand size, is the $1.35 billion polysilicon production plant of United Solar Polysilicon (USP), which is currently in an advanced stage of development at Sohar Freezone. With maximum power demand estimated at 800 MW, the USP project will be the largest to be connected to the grid via a 400/220kV grid station during 2025, said OETC in its 2024 Annual Report. Also notable are two major data hubs, each with a power demand of 200 MW, which will be connected to the grid this year. Salalah-based Green Data City, which operates the country's first license for sustainable crypto-mining, will be connected to the 132kV Ashoor grid station with installed capacity of 200 MW in 2025. In the second phase, the hub will be expanded to reach 400MW hyperscale data center capacity, along with associated downstream activities including renewable energy, hydrogen, sea-water A/C (SWAC), desalination, food industries and cosmetics, according to the promoters. Exahertz, a blockchain based data centre also operating in Salalah, is also slated to be connected to 132kV Salalah Free Zone grid station in 2026 with an installed capacity of 200MW. In 2027, the oilfield operations of Occidental of Oman (Oxy) will be connected to the grid, starting with planned hookups to the 132kV Wadi Latham grid station with installed capacity of 120 MW, followed by another connection to the 132kV Safah grid station with installed capacity of 65 MW. Sohar Freezone, a major hub for heavy industry, will witness a number of linkages to the national grid during the course of this year. JA Solar, which is establishing a major solar PV module plant with an investment of RO 217.3 million, with be connected to the SFZ grid station in 2025 with an installed capacity of 88 MW, according to OETC. Sanvera Carbon's prebaked anode production facility, a key ingredient in the aluminium smelting and mining sectors, will also be connected to the 132kV SFZ grid station in 2025 with generation capacity of 24 MW this year. This will be followed by the linkage of the smelter of Star Ferro Alloys to the same grid in Sohar Freezone next year, with an installed capacity of 18 MW. Also slated for grid connection are the Duqm Cement plant (installed capacity of 29.95 MW) in 2026; Oman Cement to the 132kV Misfah grid station in 2027 with total installed capacity of 80 MW; and the Ghubrah III Independent Water Project to the 132kV Ghubrah grid station in 2027 with installed capacity of 50.8 MW. Rounding off the list is the Shaleem Industrial Minerals Project of Minerals Development Oman (MDO), which will be connected to the 132kV Shuwaymiyah grid station in 2029 with installed capacity of 65.8 MW.
