Showing posts with label market research report. market trends. Show all posts
Showing posts with label market research report. market trends. Show all posts

Monday, 13 May 2019

ANTIMICROBIAL PACKAGING MARKET—GLOBAL FORECAST TO 2021


MarketsandMarkets projects that the antimicrobial packaging market size will grow from USD 7.28 billion in 2015 to USD 10.00 billion by 2021, at a CAGR of 5.54%. The demand in this market is supported by increasing demand in the Asia-Pacific region and wide application in diverse industries. Antimicrobial packaging is one of the forms of active and controlled-release packaging technologies. It helps to increase the shelf life of the product and prevents microbial contamination to the packed product while ensuring its safety and quality. Antimicrobial packaging is widely used in the food industry as a result of the rising consumer demand for products that are perishable, preservative-free, and minimally processed.
Global antimicrobial packaging manufacturers and vendors are continuously adding innovation to their products & services to protect the enterprise networks against advanced persistent threats. Also, antimicrobial packaging solutions are being increasingly adopted in various verticals such as food & beverages, healthcare, consumer goods, personal care goods, and agricultural goods which have led to the growth of the market across the globe. Asia-Pacific is projected to have the largest market share during the forecast period with the highest potential for growth opportunities.
The global market for antimicrobial packaging is dominated by players such as BASF SE (Germany), The Dow Chemical Company (U.S.), Mondi Plc (South Africa), PolyOne Corporation (U.S.), Biocote Limited (U.K.), Dunmore Corporation (U.S.), Linpac Senior Holdings (U.K.), Microban International (U.S.), Oplon Pure Sciences Ltd. (Israel), and Takex Labo Co. Ltd. These players have adopted various strategies to expand their global presence and increase their market share. New product developments, agreements, and acquisitions are some of the major strategies adopted by the market players to achieve growth in the market.
The growth of the anti-microbial packaging market was largely influenced by new product development in the past 10 years. A large number of developments such as new product development, acquisitions, and agreements were made by top players in the market in 2015. New product development was the major strategy adopted by most of the players in the anti-microbial packaging market. Companies such as BASF SE, The Dow Chemical Company, and Mondi Group were the key players who adopted this strategy to increase the reach of their offerings and improve their production capacity.
Also, the year 2015 saw a lot of acquisitions by key players to increase their geographic presence and expand their product portfolio to untapped markets. During this, Dow Microbial Control (U.S.), a business group of The Dow Chemical Company (NYSE: DOW), received approval from the United States Environmental Protection Agency for its innovative, solid form of KATHON Antimicrobial. KATHON 7 TL Antimicrobial solid tablets are packaged in a water-soluble film that dissolves rapidly with no residue, significantly reducing potential user contact with the active ingredients. Also, Dow Microbial Control (U.S.) and the manufacturer of SILVADUR Antimicrobial announced that Pulcra Chemicals (Germany) has been added to its global distributor network for SILVADUR Antimicrobial. Pulcra Chemicals is a leading global supplier of innovative specialty chemicals and systems solutions for increasing the productivity of manufacturing processes in the fiber, textile, and leather industries. Apart from this, Mondi Plc signed an agreement with Walki Oy (“Walki”) (Finland) for the acquisition of two extrusion coating plants located in Pietarsaari in Finland and Wroclaw in Poland. The acquisition would strengthen Mondi Plc’s position in the European extrusion coatings market and increase the range of technical capabilities offered to customers.

Wednesday, 24 April 2019

Cosmetic Packaging Market worth $32,384.25 Million by 2018


The market research report “Cosmetic Packaging Market by Type, Material (Plastic, Glass, Metal, Paper), Application (Hair Care, Nail Care, Skin Care, Make-Up) & by Packaging Machinery (Filling, Unscrambler, Sealing, Conveyor) & Geography – Global Trend & Forecast to 2018”, defines and segments the cosmetic packaging & machinery market with an analysis and forecast of values. It also identifies driving and restraining factors for the cosmetic packaging & machinery market with an analysis of the trends, opportunities, burning issues, winning imperatives, and challenges.
Browse 128 market data tables and 56 figures spread through 383 pages and in-depth TOC on “Cosmetic Packaging Market”
Receive 10% customization on reports.
According to this report, the cosmetic packaging market is estimated to grow at a CAGR of 5.4% from 2013 to 2018. The cosmetic packaging machinery will reach $2,510 million by 2018. Asia-Pacific led the cosmetic packaging machinery market followed by Europe and North America.
Cosmetic packaging market is a growing sector that has various stake holders such as raw material suppliers, processors, cosmetic and cosmetic packaging manufacturers; with the market for cosmetic products rising, players in cosmetic packaging industry are struggling to diversify their product portfolio. An efficient and suitable packaging is essential for all types of cosmetics.
Plastic is the most preferred material. Consumer preferences, product characteristics, and material compatibility are essential in determining the type of packaging for the products. Asia-Pacific is a significant market share holder and an impacting driver.Asia-Pacific has the highest market share and is projected to be the fastest growing market. The potential markets for cosmetic packaging include India, China, and Brazil which are poised to exhibit the fastest growing trend.
Due to the increased awareness about anti-aging products amongst the women above 30 years of age and high demand for skin whitener in Asia-Pacific region, the skin care packaging market is estimated to grow further in the future. The report also studies various other important aspects pertaining to the market such as Porter’s analysis, competitive landscape, price analysis of raw materials, and supply chain. In addition, 30 players of this market have also been profiled.

Wednesday, 10 April 2019

Fresh Food Packaging Market worth 95.91 Billion USD by 2020


The report “Fresh Food Packaging Market by Application (Meat Products, Fruit, Vegetables, Seafood), Material (PE, PP, Paper, Aluminum, BOPET, PVC), by Pack Type (Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box, Others) – Global Forecast to 2020” defines and segments the global fresh food market with analysis and forecasting of the global revenues for the fresh food packaging market. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, winning imperatives, and challenges.
Browse 156 market data tables and 51 figures spread through 223 pages and in-depth TOC on “Fresh Food Packaging Market”
Early buyers will receive 10% customization on reports.
The market is segmented and revenues are forecasted on the basis of major regions, such as Asia-Pacific, North America, Europe, and the Rest of the World (RoW), and is forecasted till 2020. Further, the market is segmented and revenues are forecasted on the basis of application.
The global fresh food packaging market is buyer-oriented. The fresh food packaging market is mostly driven by the extended shelf-life of fresh food. The demand for convenience food is also driving the fresh food packaging market.
The global fresh food packaging market is projected to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020. After the economic slowdown, several new packaging mechanisms have been introduced.
The global fresh food packaging market has been growing in accordance with the packaging industry. With increasing awareness about global warming and concerns about the environment, people are opting for eco-friendly techniques of fresh food packaging, which has had an impact on the market for global food produce packaging products.
Increasing disposable incomes of people in economies, increasing demand for convenience food, and increasing awareness of packaged food among consumers drive the growth of the global fresh food packaging market.
The global fresh food market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. The key players in the market are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and Company (U.S.), Mondi Plc (South Africa), Bemis Company, Inc. (U.S.), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (U.S.), and Sealed Air Corporation (U.S.). In this report, the fresh food packaging market is segmented into package material, pack type, application, and region.

Tuesday, 12 March 2019

Inventory Tags Market worth 5.07 Billion USD by 2021


The report Inventory Tags Market by Technology (Barcodes, RFID), Label Type (Plastic, Paper, Metal), Printing technology (Digital Printing, Flexography, Lithography, Screen Printing, Gravure, Others), End-Use (Industrial, Retail, Others) – Global Forecast to 2021″, The inventory tags market size is projected to grow from USD 4.08 Billion in 2016 to reach USD 5.07 Billion by 2021, at an estimated CAGR of 4.43%.
Browse 236 market data tables and 46 figures spread through 237 pages and in-depth TOC.
https://www.marketsandmarkets.com/Market-Reports/inventory-tags-market-139388184.html
Early buyers will receive 10% customization on reports.
The inventory tags market is projected to witness significant growth in the future with the increasing popularity of the benefits of authentication technologies and the need for track & trace technologies, which are embedded in packaging. Developing markets such as China, Brazil, and India are emerging as growth frontiers for the inventory tags market. Growing economies, globalization, and reduced trade barriers act as the main drivers for increased opportunities in these countries.
Barcodes is projected to be the largest market segment of the inventory tags market during the forecast period
Track & trace and authentication technologies such as barcodes and RFID are some of the technologies used by companies to track their inventory. Barcode technologies are the most conventional and prominent technologies used in the inventory tags market. This segment dominated the inventory tags market in 2015, and this trend is projected to continue through 2021. In current economic conditions, retailers and manufacturers recognize that additional investments in loss prevention is necessary to combat the increasing level of inventory loss due to theft and counterfeiting. Logistics & transportation companies also benefit by using track & trace technologies as they can locate the package at any point during the delivery process. Track & trace technologies such as RFIDs and barcodes help in identifying the product as well as help in tracing the product across the supply chain.
Digital printing is projected to be the fastest-growing segment of the inventory tags market during the forecast period
The inventory tags market, by printing technology, is classified into nine segments, namely, digital printing, flexographic printing, gravure printing, thermal printing, screen printing, lithography, offset, and letterpress. The digital printing segment accounted for the largest market share in 2015 with its numerous benefits such as high-quality, cost-effective solution for manufacturing well-designed inventory tags with recycling options. Digital printing also uses ink-jet printing to print images.
Asia-Pacific to play a key role in the inventory tags market
Factors such as strong government support, efforts towards standardization, expanding application segments, convergence of technologies, rising awareness of using inventory tracking technologies, increasing urbanized population in China and India along with the growth in the disposable income in these countries are driving the growth of the Asia-Pacific inventory tags market. Rapid industrialization and imposition of strict laws pertaining to secure packaging are also major factors contributing to the growth of the inventory tags market.
The scope of the report covers detailed information regarding the major factors influencing the inventory tags market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been conducted to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the inventory tags market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.


Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Pressure Labels Market worth 92.46 Billion USD by 2020


The report Pressure Labels Market by Type (Release Liner, Linerless), Composition (Facestock, Adhesives, Others), Printing technology (Digital Printing, Flexography, Others), & Mode of Application (Water-Based, Solvent-Based, Others) Global Forecast to 2020″, The pressure labels market size is estimated to grow from USD 74.14 Billion in 2015 to USD 92.46 Billion by 2020, at a CAGR of 4.52%.
Browse 214 market data Tables and 56 Figures spread through 232 Pages and in-depth TOC on “Pressure Labels Market by Type (Release Liner, Linerless), Composition (Facestock, Adhesives, Others), Printing technology (Digital Printing, Flexography, Others), & Mode of Application (Water-Based, Solvent-Based, Others) Global Forecast to 2020”
https://www.marketsandmarkets.com/Market-Reports/pressure-labels-market-127227992.html
Early buyers will receive 10% customization on reports.
Factors such as increasing demand in Asia-Pacific, growing demand from the pharmaceutical sector, and wide application of pressure labels in diverse industries drive the pressure labels market. However, rising raw material cost and advantages of wet-glue labels over pressure labels act as a restraint for the market. Growth of the food & beverages, consumer durables, pharmaceutical, and home & personal care industry in the developing and under-developed regions provides an opportunity to the pressure labels market to grow even further.
Food & beverages segment to gain maximum traction during the forecast period
The food & beverages segment is projected to be the fastest-growing end-user industry in the next five years. Furthermore, due to the growth of the pressure labels industry, pressure labels such as release liner labels and linerless labels are extensively used. The pressure labels market is also projected to witness growth in the consumer durables, pharmaceutical, home & personal care, and retail labels sectors, during the forecast period.
Release liner labels to play a key role in the pressure labels market
The report defines and segments the pressure labels market on the basis of type, composition, printing technology, mode of application, functions, end-user industries, and region along with providing in-depth analyses and market-size estimations. The release liner labels segment is estimated to contribute the largest market share whereas linerless labels, at the highest CAGR, will play a key role in changing the pressure labels landscape during the forecast period.
“Asia-Pacific region set to be the largest market for pressure labels during the forecast period.”
Pressure labels are widely used across regions. The Asia-Pacific region leads the market due to its large population and its proven identity of a major manufacturing hub that offers production opportunities at affordable costs to companies. As pressure labels are used widely by different industries, such as food & beverages, consumer durables, pharmaceutical, and home & personal care, the Asia-Pacific region, which is witnessing major growth in these sectors as well, has become a large market for these labels. This is followed by Europe, which is the next largest market for pressure labels followed by North America and Rest of the World.
The major vendors in the pressure labels market include players such as Avery Dennison Corporation (U.S.), CCL Industries Inc. (Canada), Constantia Flexibles (Austria), UPM (Finland), and 3M (U.S.). The other players in the market are Henkel AG & Co. KGaA (Germany), Mondi Group (South Africa), Coveris Holdings S.A. (U.S.), H.B Fuller (U.S.), and Torraspapel Adestor (Spain).
The scope of the report covers detailed information regarding the major factors influencing the growth of the pressure labels market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, joint ventures, and recent developments associated with the pressure labels market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Monday, 11 March 2019

Specialty Paper Market worth 34,879.08 KT by 2020


The report Specialty Paper Market by Type (Decor Paper, Release Liner Paper, Packaging Paper, and Printing Paper), by Application (Building & Construction, Industrial, Packaging & Labeling, and Printing & Writing), by Raw Material (Pulp, Fillers & Binders, Additives, and Coatings) & by Region – Global Trends & Forecasts to 2020defines and segments of the specialty paper market with analyses and projection of the size and trends, in terms of value as well as volume. It also identifies the driving and restraining factors for the market with analyses of opportunities, burning issues, and challenges. The market has been segmented into key regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW); their market in terms of value and volume has been projected. The size of the markets in key countries has also been covered and projected.
Browse 163 market tables and 59 figures spread through 227 pages and an in-depth TOC on “Specialty Paper Market by Type (Decor Paper, Release Liner Paper, Packaging Paper, and Printing Paper), by Application (Building & Construction, Industrial, Packaging & Labeling, and Printing & Writing), by Raw Material (Pulp, Fillers & Binders, Additives, and Coatings) & by Region – Global Trends & Forecasts to 2020”
https://www.marketsandmarkets.com/Market-Reports/specialty-paper-market-47052108.html
Early buyers will receive 10% customization on reports.
The specialty paper industry is witnessing growth due to increasing consumer demand for high-quality products in sectors providing food & beverages, cosmetics, and lifestyle products. The packaging paper required for these products needs to possess specific properties related to moisture retentions, hygiene, durability, and pH levels. The specialty paper market is mainly driven by the packaging & labeling application.
The printing application of specialty paper is affected by the increasing digitization; however, specialty grades required for printing currency notes and specialty bond papers is witnessing demand. The market dynamics for specialty paper are complex and are changing with time.
The specialty paper market, in terms of volume, is projected to reach 34,879.08 KT by 2020, growing at a CAGR of around 6.59% from 2015. Factors such as improving economic condition in countries and increasing end-use applications are the major drivers of the specialty paper market. Specialty papers are one of the special grades of paper, which have specific characteristics and properties and are designed for some particular end use. Specialty paper is segmented on the basis of type into decor paper, release liner paper, packaging paper, and printing paper. In terms of application, the market for specialty paper is classified into building & construction, industrial, packaging & labeling, printing & writing, and others (medical application, automobile filter application, and banking application). Packaging & labeling dominated the specialty paper market, having contributed around ~46% share in 2014.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Sunday, 10 March 2019

Industrial Labels Market worth 55.95 Billion USD by 2021

The report Industrial Labels Market by Type (Warning, Asset Tags), Material (Polymer, Metal), Industry (Transportation, Automotive), Mechanism (Pressure-sensitive, Glue-applied), Printing Technology, Identification Technology, and Region — Global Forecast to 2021″, The market for industrial labels is projected to grow from USD 43.04 Billion in 2016 to reach USD 55.95 Billion by 2021, at a CAGR of 5.39%. The market for industrial labels is growing due to increasing demand in end-use industries such as construction, automotive, consumer durables, transportation & logistics, and aerospace & defense.
Browse 132 market data Tables and 53 Figures spread through 188 Pages and in-depth TOC on “Industrial Labels Market by Type (Warning, Asset Tags), Material (Polymer, Metal), Industry (Transportation, Automotive), Mechanism (Pressure-sensitive, Glue-applied), Printing Technology, Identification Technology, and Region — Global Forecast to 2021”
https://www.marketsandmarkets.com/Market-Reports/industrial-labels-market-177324755.html
Early buyers will receive 10% customization on reports.
Warning/security labels type gain maximum traction during the forecast period
Warning/security labels type is highly preferred because of a variety of reasons such as to attract attention to warnings, to identify risks/hazards involved, to convey security messages, and to provide product-related information. These labels are highly used at manufacturing sites such as automotive, construction, manufacturing, and marine to maintain a safe working environment.
Transportation & logistics segment is projected to grow at the fastest rate during the forecast period
The industrial labels market is segmented on the basis of end-user industry into transportation & logistics, construction, automotive, consumer durables, and others. In 2015, the transportation & logistics segment accounted for the largest share of the end-user industry segment and is projected to grow at the highest CAGR during the forecast period. The increasing e-commerce, online shopping businesses, increasing supply chain & warehousing industry, and governments’ initiatives to propel FDI have encouraged the industrial labels market to grow.
Asia-Pacific to play a key role in the market for industrial labels
On the basis of key regions, the market for industrial labels is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). The low labor costs, excellent industrialization, a huge scope for FDI, emerging economic conditions, stable government scenarios, and an excellent hold on industries such as construction, automotive, consumer durables, logistics, marine, and aerospace have played a crucial role in the growth of the market for industrial labels in the Asia-Pacific region.
The key players considered in the report are:
  • E. I. du Pont de Nemours and Company (DuPont) (U.S.)
  • CCL Industries Inc. (Canada)
  • Avery Dennison Corporation (U.S.)
  • Brady Corporation (U.S.)
  • Cenveo Corporation (U.S.)
  • DUNMORE (U.S.)
  • Henkel AG & Co. KGaA (Germany)
  • H.B. Fuller (U.S.)
  • 3M (U.S.)
  • Fuji Seal International, Inc. (Japan)
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model — GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge store” connects over 200,000 markets and entire value chains for a deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1–888–600–6441
sales@marketsandmarkets.com

DS Smith (UK), Smurfit Kappa (Ireland) and CCL Industries Inc. (Canada) are leading players in Digital Printing Packaging Market

The global digital printing packaging market size is projected to grow from USD 29.4 billion in 2022 to USD 45.1 billion by 2027, at a CAGR...