MarketLine Blog

Posts tagged to Industry Reports

Rare earths: rising prices, hidden costs


Will our search for environmentally-friendly energy end up damaging the environment? It could be so. An article in the Guardian this week (03 February 2014, describes the threat of pollution from mining rare earth metals, among whose applications are the powerful magnets used in wind turbines and electric car motors. They are also vital raw materials in other high-tech manufactured products from catalysts to optical fibers. Rare earth metals are not actually all that rare, but finding ore bodies with high enough concentrations to mine them economically is difficult…. Read more

Non-life insurance market shows remarkable signs of life


Globally, non-life insurance has shown remarkable resilience, recording continual growth even during the height of the financial crisis which engulfed most of the globe. By 2012, worldwide gross written premiums had increased by around $270bn when compared with 2008, the year the financial difficulties started. The global non-life insurance market grew by 5% in 2012, to reach a value of $1,921.2bn, representing a compound annual growth rate of 3.8% for the period spanning 2008-2012. Growth was fuelled by the Asia-Pacific region as Western economies struggled as car and house sales… Read more

Primary aluminum industry falls prey to energy price hikes


The 2008 financial crisis had a serious impact on the aluminum industry, with global revenues declining over 40% in 2009. Despite two consecutive years of growth in 2010 and 2011, a decline in 2012 ensured industry sales have once again dipped below pre-recession levels. Analysis shows that the global aluminum industry declined by 11.8% in 2012 to reach a value of $84.5 billion, representing a compound annual rate of change (CARC) of -2.4% for the period spanning 2008-2012. This was despite growth in the Asia-Pacific region (fuelled by China’s relatively… Read more

Savory snacks market comfort eats its way to growth despite difficult economic conditions


Despite the residual effects of the 2008 financial crisis still being felt in many nations around the world, particularly in Europe, consumer demand for savory snacks has continued to show growth, not only in developing countries but also developed nations. The global savory snacks market grew by 5.3% in 2012, to reach a value of $89.6 4illion, representing a compound annual growth rate of 5.0% for the period spanning 2008-2012. The Americas proved to have the largest share of the market, with 44.7% of the total value in 2012, Asia-Pacific… Read more

The US craft beer industry is booming


Craft brewers are small, independent, and traditional. Craft brewers have an annual production of less than 6 million barrels of beer or fewer, have less than 25% owned by a non-craft brewer, and use adjuncts to enhance rather than lighten flavor, or at least 50% of their products brewed by volume are malt beers. The US craft beer industry has surged since the late noughties. Worth an estimated $10.2bn in 2012, the craft beer industry far outgrew the overall beer industry. While craft beer sales grew by 15% by volume… Read more