A recent study by Hexa Research reveals that the global Polymethyl Methacrylate (PMMA) Market will experience growth at a CAGR of more than 6% from 2013 to 2020. Emerging economies of China and India are giving rise to industries like electronics Cheap NFL Jerseys Wholesale , signs and displays and automotive, all of which are consumers of polymethyl methacrylate. Moreover, ongoing research in the area of bio-based PMMA and newer application areas of optical grade PMMA such as coatings and emulsions, medical and healthcare, solar power Cheap NFL Jerseys Free Shiping , etc. will propel market growth in future. Other upcoming applications of PMMA are expected to be in industries like sanitary ware, apparel, furniture, etc.
Based on product type, Hexa Research divides the total PMMA industry into extruded sheets Cheap NFL Jerseys From China , pellets, beads and cell cast sheet & blocks. Extruded sheets dominated the global market with more than 54% volumes in 2012. The market for beads will grow fastest with a CAGR of more than 6.9% from 2013 to 2020, mainly due to high demand from coatings and emulsions industry.
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The largest application segment for global PMMA market in 2012 was signs and display. It contributed to more than 35% of the total market volumes. However, electronics industry will prove to be the fastest growing application area in future with a CAGR of more than 7.6%. This will be mainly due to rising demand for LED flat panels and TV screens.
Asia Pacific, with more than 65% of the total demand Cheap NFL Jerseys China , was the regional market leader in 2012. It is also foreseen to be the fastest growing region with expected CAGR of 7.3% from 2013 to 2020. Strong electronic base in Taiwan, China, South Korea, etc. coupled with relaxed regulations and low-cost resources like labor, technology Cheap NFL Jerseys , etc. make Asia Pacific a lucrative market for PMMA. While Europe will experience moderate growth, Middle East, Africa and Latin America will exhibit above-average growth of PMMA.
Hexa Research identifies Chi Mei Corporation, Mitsubishi Rayon, Evonik SA Cheap Jerseys Wholesale , and Altuglas International to be the four leading manufacturers of PMMA. These players were responsible for more than 70% of the total global PMMA production in 2012.
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Why is this so when the fundamentals of growing a business are pretty basic? I'd go as far as to say they're simple. Yet, isn't it so true the most simple and basic things in life are the things so often overlooked!
To this end, I'd like to share with you the 10 closely guarded secrets of business growth. Once learned you'd better take action with them as these nuggets of information provide you with the keys to unlock the door of exponential business growth.
When I say exponential I don't mean 3 or 4% per year, as after all this is barely better than inflation. By exponential I mean 10, 20 Cheap Jerseys Free Shiping , 50 or even 100% or more growth year on year. Now the actual growth you'll achieve will depend on a number of things, namely:
+ How well you take on board these ideas + How committed you are in taking action with these ideas + The industry you're in + The quality of your offering + And many more factors.
To go into each of these ideas in great detail is not the remit of this article, I'll save the details for future articles. For now, let's uncover the 10 closely guarded secrets, so you're able to benefit from a greater understanding of these ideas.
1. Understanding the 4 Key Questions of business growth ? which are Cheap Jerseys From China , how do we: + Increase the number of customers? ? This is the area most companies spend their entire time. + Increase the average order value? + Increase the average order frequency? + Increase our retention of customers?
2. Perception of price and ?price positioning? ? the number of times I've seem people give away discount to customers, without the customer even asking. The main reason being the salesperson was not comfortable with the price in the first place and did not truly understand the value proposition of the product service. Therefore it's essential to set the price appropriately, ensuring your salespeople understand the true value proposition of your offering.
3. Systematising the Process and Personalising the Service ? There seems to be a myth nowadays that if you put a detailed system in place you lose the personal touch. In our experience this could not be further from the truth. By adopting an appropriately structured system we can increase our success by better answering each of the 4 Key Questions mentioned in Secret 1. By creating clearly defined systems in your business, you'll take the guesswork out of doing business, and free up your people to focus on delivering an exceptional customer experience!
4. The lack of knowledge of the 10 Key Factors of Influencing with Integrity. In a lot of business interactions Cheap Jerseys China , customers walk out the door of a business without buying. There can be a number of reasons for this, but the most often quoted are the customer was either undersold on the products or services or because they felt as if the sales person or sales process was trying to manipulate force them into making a decision.
Furthermore, isn't it astounding how many people do not close? This has got to be the cardinal sin in business ? not asking for the sale!