China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data was reported at 49.900 % in Dec 2009. This records a decrease from the previous number of 50.000 % for Nov 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data is updated monthly, averaging 48.400 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 53.400 % in Oct 2009 and a record low of 38.500 % in Jan 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Chemical Fiber, Rubber & Plastic Product Mfg.

China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data was reported at 79.600 % in Dec 2009. This records a decrease from the previous number of 83.200 % for Nov 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data is updated monthly, averaging 61.250 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 88.400 % in Jun 2008 and a record low of 3.300 % in Nov 2008. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Chemical Fiber, Rubber & Plastic Product Mfg.

China PMI: Food Processing & Mfg: Finished Goods Inventory data was reported at 47.700 % in Dec 2009. This records an increase from the previous number of 44.500 % for Nov 2009. China PMI: Food Processing & Mfg: Finished Goods Inventory data is updated monthly, averaging 45.650 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 56.800 % in Apr 2009 and a record low of 36.700 % in Jul 2007. China PMI: Food Processing & Mfg: Finished Goods Inventory data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Food Processing & Mfg.

In September 2024, the global PMI amounted to 47.5 for new export orders and 48.8 for manufacturing. The manufacturing PMI was at its lowest point in August 2020. It decreased over the last months of 2022 after the effects of the Russia-Ukraine war and rising inflation hit the world economy, and remained around 50 since.

China PMI: Metal Product: Purchases data was reported at 72.600 % in Dec 2009. This records an increase from the previous number of 62.900 % for Nov 2009. China PMI: Metal Product: Purchases data is updated monthly, averaging 49.700 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 74.800 % in Apr 2006 and a record low of 18.400 % in Nov 2008. China PMI: Metal Product: Purchases data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Metal Product.

China Minxin PMI: Mfg: Finished Goods Inventory data was reported at 43.600 % in Jun 2016. This records a decrease from the previous number of 43.800 % for May 2016. China Minxin PMI: Mfg: Finished Goods Inventory data is updated monthly, averaging 44.400 % from Dec 2014 (Median) to Jun 2016, with 13 observations. The data reached an all-time high of 47.800 % in Jan 2015 and a record low of 40.300 % in Feb 2016. China Minxin PMI: Mfg: Finished Goods Inventory data remains active status in CEIC and is reported by China Academy of New Supply-side Economics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Minxin Purchasing Managers' Index: Manufacturing (Discontinued).

Positive Material Identification Market size was valued at USD 5.27 Billion in 2023 and is projected to reach USD 9.17 Billion by 2030, growing at a CAGR of 8.23% during the forecast period 2024-2030.
Global Positive Material Identification Market Drivers

The market drivers for the Positive Material Identification Market can be influenced by various factors. These may include:

• Regulatory Compliance: Organizations must frequently guarantee the quality and composition of materials due to strict laws and standards in a variety of industries, including manufacturing, oil and gas, and aerospace. The need for PMI technologies to adhere to these standards is fueled by this.

• Construction and Manufacturing Sectors: In particular, place a strong emphasis on quality assurance and control as a means of guaranteeing the dependability and security of their goods. The composition of materials used in manufacturing processes can be verified with the aid of PMI techniques.

• Increasing Complexity in Manufacturing Processes: Accurate material identification becomes increasingly important as manufacturing processes get more complicated. Quick and accurate material identification is made possible by PMI instruments, which support manufacturers in upholding consistency and quality.

• Growing Use in the Oil and Gas Industry: PMI is used by the oil and gas industry to identify and validate the materials used in equipment, infrastructure, and pipelines. The need for PMI solutions may increase in tandem with the growth of oil and gas production and exploration activities.

• PMI Tool Usage: PMI tool usage is facilitated by continuous technology improvements in areas like optical emission spectrometers and handheld X-ray fluorescence (XRF) analyzers. These tools are increasingly appealing to a variety of businesses because to their increased precision, mobility, and ease of use.

• Growing Knowledge of Counterfeit Materials: Industries are investing in PMI technologies to authenticate materials and stop the use of inferior or counterfeit components as a result of a greater understanding of the dangers connected with counterfeit materials.

• Emphasis on Cost-Efficiency: Businesses are searching for more economical and timely ways to solve problems. PMI tools assist businesses identify materials quickly and non-destructively while also saving time and money.

• The demand for PMI solutions: To guarantee the quality and integrity of materials used in construction is fueled by the expansion of infrastructure and building activities worldwide.

• Growth of the Aerospace and Defense Sector: PMI plays a major role in guaranteeing the integrity of materials used in important components for the aerospace and defense industry. The need for PMI technology may be fueled by the expansion of this sector.

• Growing Concern for Material Sustainability: As sustainable practices gain more attention, industries are becoming more aware of how materials affect the environment. The PMI can be used to recognize and guarantee the usage of sustainable and environmentally friendly materials.

China PMI: Metal Product: Production data was reported at 69.600 % in Dec 2009. This records an increase from the previous number of 57.600 % for Nov 2009. China PMI: Metal Product: Production data is updated monthly, averaging 54.450 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 81.500 % in Apr 2006 and a record low of 23.700 % in Nov 2008. China PMI: Metal Product: Production data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Metal Product.

China PMI: Metal Product: Employment data was reported at 60.400 % in Dec 2009. This records a decrease from the previous number of 60.500 % for Nov 2009. China PMI: Metal Product: Employment data is updated monthly, averaging 50.300 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 60.500 % in Nov 2009 and a record low of 21.100 % in Nov 2008. China PMI: Metal Product: Employment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Metal Product.

China PMI: Special Purpose Equipment: Finished Goods Inventory data was reported at 48.400 % in Dec 2009. This records an increase from the previous number of 47.100 % for Nov 2009. China PMI: Special Purpose Equipment: Finished Goods Inventory data is updated monthly, averaging 45.600 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 58.700 % in Dec 2007 and a record low of 37.900 % in Mar 2007. China PMI: Special Purpose Equipment: Finished Goods Inventory data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Special Purpose Equipment.

China PMI: Mfg: Medium Enterprise: Finished Goods Inventory data was reported at 49.100 % in Jun 2024. This records an increase from the previous number of 46.500 % for May 2024. China PMI: Mfg: Medium Enterprise: Finished Goods Inventory data is updated monthly, averaging 46.750 % from Jul 2013 (Median) to Jun 2024, with 114 observations. The data reached an all-time high of 50.700 % in Jan 2024 and a record low of 41.800 % in Feb 2020. China PMI: Mfg: Medium Enterprise: Finished Goods Inventory data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

Europe’s tobacco product manufacturing industry is undergoing a significant transformation as traditional cigarette consumption declines. For decades, this industry was driven by a steady demand for cigarettes, but changing consumer habits and stringent government regulations are pushing tobacco companies to rethink their strategies. These companies are now diversifying their portfolios, venturing into the production of vaping devices, heated tobacco products and other alternative nicotine delivery systems. Such shifts indicate a proactive adaptation to the evolving market landscape and public health concerns over cigarette smoking. Overall, industry revenue is projected to climb at a compound annual rate of 2.6% over the five years through 2024, including a projected 3.9% drop in 2024 alone to reach €77.6 billion. In response to decreasing smoking rates, major players like Philip Morris International (PMI) are pivoting towards innovation in smoke-free products, with PMI investing heavily in heated tobacco and e-cigarettes. This move is emblematic of the broader industry trend, aiming to capture the rising consumer interest in “healthier” nicotine alternatives. Meanwhile, European governments aren't easing up on their crackdowns on tobacco use. France, for example, has seen a dramatic price hike in cigarette packets as a part of its National Tobacco Control Program. The UK and other EU countries are also implementing stringent measures like plain packaging laws and high duty charges on cigarette sales to deter smoking. These regulatory pressures, together with changing consumer preferences, are reshaping the industry's landscape. Looking ahead, the tobacco industry faces uncertain prospects with potential threats from legislation aiming to phase out smoking altogether in some countries. Finland’s target to become a tobacco and nicotine-free country by 2030 and similar initiatives elsewhere spell a challenging future for traditional tobacco products. However, luxury tobacco segments appear resilient amid these headwinds. High-end cigars and premium cigarettes continue to enjoy prestige and growing demand in markets like Spain. The road ahead for tobacco manufacturers will hinge on their ability to innovate and cater to this shifting consumer terrain towards healthier alternatives and occasional high-quality indulgence. Revenue is projected to slump at a compound annual rate of 2.5% over the five years through 2029 to €87.7 billion.

Europe’s tobacco product manufacturing industry is undergoing a significant transformation as traditional cigarette consumption declines. For decades, this industry was driven by a steady demand for cigarettes, but changing consumer habits and stringent government regulations are pushing tobacco companies to rethink their strategies. These companies are now diversifying their portfolios, venturing into the production of vaping devices, heated tobacco products and other alternative nicotine delivery systems. Such shifts indicate a proactive adaptation to the evolving market landscape and public health concerns over cigarette smoking. Overall, industry revenue is projected to climb at a compound annual rate of 2.6% over the five years through 2024, including a projected 3.9% drop in 2024 alone to reach €77.6 billion. In response to decreasing smoking rates, major players like Philip Morris International (PMI) are pivoting towards innovation in smoke-free products, with PMI investing heavily in heated tobacco and e-cigarettes. This move is emblematic of the broader industry trend, aiming to capture the rising consumer interest in “healthier” nicotine alternatives. Meanwhile, European governments aren't easing up on their crackdowns on tobacco use. France, for example, has seen a dramatic price hike in cigarette packets as a part of its National Tobacco Control Program. The UK and other EU countries are also implementing stringent measures like plain packaging laws and high duty charges on cigarette sales to deter smoking. These regulatory pressures, together with changing consumer preferences, are reshaping the industry's landscape. Looking ahead, the tobacco industry faces uncertain prospects with potential threats from legislation aiming to phase out smoking altogether in some countries. Finland’s target to become a tobacco and nicotine-free country by 2030 and similar initiatives elsewhere spell a challenging future for traditional tobacco products. However, luxury tobacco segments appear resilient amid these headwinds. High-end cigars and premium cigarettes continue to enjoy prestige and growing demand in markets like Spain. The road ahead for tobacco manufacturers will hinge on their ability to innovate and cater to this shifting consumer terrain towards healthier alternatives and occasional high-quality indulgence. Revenue is projected to slump at a compound annual rate of 2.5% over the five years through 2029 to €87.7 billion.

Europe’s tobacco product manufacturing industry is undergoing a significant transformation as traditional cigarette consumption declines. For decades, this industry was driven by a steady demand for cigarettes, but changing consumer habits and stringent government regulations are pushing tobacco companies to rethink their strategies. These companies are now diversifying their portfolios, venturing into the production of vaping devices, heated tobacco products and other alternative nicotine delivery systems. Such shifts indicate a proactive adaptation to the evolving market landscape and public health concerns over cigarette smoking. Overall, industry revenue is projected to climb at a compound annual rate of 2.6% over the five years through 2024, including a projected 3.9% drop in 2024 alone to reach €77.6 billion. In response to decreasing smoking rates, major players like Philip Morris International (PMI) are pivoting towards innovation in smoke-free products, with PMI investing heavily in heated tobacco and e-cigarettes. This move is emblematic of the broader industry trend, aiming to capture the rising consumer interest in “healthier” nicotine alternatives. Meanwhile, European governments aren't easing up on their crackdowns on tobacco use. France, for example, has seen a dramatic price hike in cigarette packets as a part of its National Tobacco Control Program. The UK and other EU countries are also implementing stringent measures like plain packaging laws and high duty charges on cigarette sales to deter smoking. These regulatory pressures, together with changing consumer preferences, are reshaping the industry's landscape. Looking ahead, the tobacco industry faces uncertain prospects with potential threats from legislation aiming to phase out smoking altogether in some countries. Finland’s target to become a tobacco and nicotine-free country by 2030 and similar initiatives elsewhere spell a challenging future for traditional tobacco products. However, luxury tobacco segments appear resilient amid these headwinds. High-end cigars and premium cigarettes continue to enjoy prestige and growing demand in markets like Spain. The road ahead for tobacco manufacturers will hinge on their ability to innovate and cater to this shifting consumer terrain towards healthier alternatives and occasional high-quality indulgence. Revenue is projected to slump at a compound annual rate of 2.5% over the five years through 2029 to €87.7 billion.

Philip Morris International generated approximately 84.6 billion U.S. dollars in net revenues in 2023, up from around 80.7 billion U.S. dollars the previous year. Philip Morris International - additional informationPhilip Morris International Inc. (PMI) is one of the world’s largest tobacco companies. PMI’s diverse portfolio includes international and local brands such as Marlboro, L&M, Philip Morris, Parliament, Bond Street, Chesterfield, Lark, Sampoerna A (Indonesia), Fortune (Philippines), Optima (Russia) and Delicados (Mexico). The company sells its brands in over 180 markets. Marlboro has been the world’s best-selling cigarette brand since the early 1970s. In 2023, Marlboro’s brand value was estimated at 57.58 billion U.S. dollars.The company’s history began when Mr. Philip Morris opened a shop which sold tobacco and ready-made cigarettes on Bond Street in London in 1847. During the 1950s, the company had been integrated into American culture and shortly after introduced Philip Morris International to manufacture and market its products globally. In 2022, the net revenue of Philip Morris worldwide exceeded 80 billion U.S. dollars. The European Union accounted for roughly a quarter of the company’s total net revenue.In 2022, the company manufactured approximately 622 billion cigarettes. The European Union was PMI’s leading consumer market in the latest business year, followed by South and Southeast Asia, and the Middle East and Africa. Indonesia had the highest share of smokers in a country's population in the world in 2020.

Europe’s tobacco product manufacturing industry is undergoing a significant transformation as traditional cigarette consumption declines. For decades, this industry was driven by a steady demand for cigarettes, but changing consumer habits and stringent government regulations are pushing tobacco companies to rethink their strategies. These companies are now diversifying their portfolios, venturing into the production of vaping devices, heated tobacco products and other alternative nicotine delivery systems. Such shifts indicate a proactive adaptation to the evolving market landscape and public health concerns over cigarette smoking. Overall, industry revenue is projected to climb at a compound annual rate of 2.6% over the five years through 2024, including a projected 3.9% drop in 2024 alone to reach €77.6 billion. In response to decreasing smoking rates, major players like Philip Morris International (PMI) are pivoting towards innovation in smoke-free products, with PMI investing heavily in heated tobacco and e-cigarettes. This move is emblematic of the broader industry trend, aiming to capture the rising consumer interest in “healthier” nicotine alternatives. Meanwhile, European governments aren't easing up on their crackdowns on tobacco use. France, for example, has seen a dramatic price hike in cigarette packets as a part of its National Tobacco Control Program. The UK and other EU countries are also implementing stringent measures like plain packaging laws and high duty charges on cigarette sales to deter smoking. These regulatory pressures, together with changing consumer preferences, are reshaping the industry's landscape. Looking ahead, the tobacco industry faces uncertain prospects with potential threats from legislation aiming to phase out smoking altogether in some countries. Finland’s target to become a tobacco and nicotine-free country by 2030 and similar initiatives elsewhere spell a challenging future for traditional tobacco products. However, luxury tobacco segments appear resilient amid these headwinds. High-end cigars and premium cigarettes continue to enjoy prestige and growing demand in markets like Spain. The road ahead for tobacco manufacturers will hinge on their ability to innovate and cater to this shifting consumer terrain towards healthier alternatives and occasional high-quality indulgence. Revenue is projected to slump at a compound annual rate of 2.5% over the five years through 2029 to €87.7 billion.

China PMI: Universal Equipment Mfg: Finished Goods Inventory data was reported at 56.200 % in Dec 2009. This records an increase from the previous number of 50.000 % for Nov 2009. China PMI: Universal Equipment Mfg: Finished Goods Inventory data is updated monthly, averaging 49.250 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 60.900 % in Sep 2008 and a record low of 36.000 % in Aug 2009. China PMI: Universal Equipment Mfg: Finished Goods Inventory data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Universal Equipment Mfg.

Europe’s tobacco product manufacturing industry is undergoing a significant transformation as traditional cigarette consumption declines. For decades, this industry was driven by a steady demand for cigarettes, but changing consumer habits and stringent government regulations are pushing tobacco companies to rethink their strategies. These companies are now diversifying their portfolios, venturing into the production of vaping devices, heated tobacco products and other alternative nicotine delivery systems. Such shifts indicate a proactive adaptation to the evolving market landscape and public health concerns over cigarette smoking. Overall, industry revenue is projected to climb at a compound annual rate of 2.6% over the five years through 2024, including a projected 3.9% drop in 2024 alone to reach €77.6 billion. In response to decreasing smoking rates, major players like Philip Morris International (PMI) are pivoting towards innovation in smoke-free products, with PMI investing heavily in heated tobacco and e-cigarettes. This move is emblematic of the broader industry trend, aiming to capture the rising consumer interest in “healthier” nicotine alternatives. Meanwhile, European governments aren't easing up on their crackdowns on tobacco use. France, for example, has seen a dramatic price hike in cigarette packets as a part of its National Tobacco Control Program. The UK and other EU countries are also implementing stringent measures like plain packaging laws and high duty charges on cigarette sales to deter smoking. These regulatory pressures, together with changing consumer preferences, are reshaping the industry's landscape. Looking ahead, the tobacco industry faces uncertain prospects with potential threats from legislation aiming to phase out smoking altogether in some countries. Finland’s target to become a tobacco and nicotine-free country by 2030 and similar initiatives elsewhere spell a challenging future for traditional tobacco products. However, luxury tobacco segments appear resilient amid these headwinds. High-end cigars and premium cigarettes continue to enjoy prestige and growing demand in markets like Spain. The road ahead for tobacco manufacturers will hinge on their ability to innovate and cater to this shifting consumer terrain towards healthier alternatives and occasional high-quality indulgence. Revenue is projected to slump at a compound annual rate of 2.5% over the five years through 2029 to €87.7 billion.

Europe’s tobacco product manufacturing industry is undergoing a significant transformation as traditional cigarette consumption declines. For decades, this industry was driven by a steady demand for cigarettes, but changing consumer habits and stringent government regulations are pushing tobacco companies to rethink their strategies. These companies are now diversifying their portfolios, venturing into the production of vaping devices, heated tobacco products and other alternative nicotine delivery systems. Such shifts indicate a proactive adaptation to the evolving market landscape and public health concerns over cigarette smoking. Overall, industry revenue is projected to climb at a compound annual rate of 2.6% over the five years through 2024, including a projected 3.9% drop in 2024 alone to reach €77.6 billion. In response to decreasing smoking rates, major players like Philip Morris International (PMI) are pivoting towards innovation in smoke-free products, with PMI investing heavily in heated tobacco and e-cigarettes. This move is emblematic of the broader industry trend, aiming to capture the rising consumer interest in “healthier” nicotine alternatives. Meanwhile, European governments aren't easing up on their crackdowns on tobacco use. France, for example, has seen a dramatic price hike in cigarette packets as a part of its National Tobacco Control Program. The UK and other EU countries are also implementing stringent measures like plain packaging laws and high duty charges on cigarette sales to deter smoking. These regulatory pressures, together with changing consumer preferences, are reshaping the industry's landscape. Looking ahead, the tobacco industry faces uncertain prospects with potential threats from legislation aiming to phase out smoking altogether in some countries. Finland’s target to become a tobacco and nicotine-free country by 2030 and similar initiatives elsewhere spell a challenging future for traditional tobacco products. However, luxury tobacco segments appear resilient amid these headwinds. High-end cigars and premium cigarettes continue to enjoy prestige and growing demand in markets like Spain. The road ahead for tobacco manufacturers will hinge on their ability to innovate and cater to this shifting consumer terrain towards healthier alternatives and occasional high-quality indulgence. Revenue is projected to slump at a compound annual rate of 2.5% over the five years through 2029 to €87.7 billion.

China PMI: Non Metal Mineral Product: Import data was reported at 45.900 % in Dec 2009. This records a decrease from the previous number of 59.200 % for Nov 2009. China PMI: Non Metal Mineral Product: Import data is updated monthly, averaging 49.800 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 66.600 % in Jan 2007 and a record low of 0.000 % in Jul 2006. China PMI: Non Metal Mineral Product: Import data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Non Metal Mineral Product.