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“They’ve been shifting to a more ‘asymmetric’ approach that focuses on things like survivability, a large numbers of munitions, mobility, and a focus on smaller survivable lethal platforms rather than F16s, tanks and destroyers.” Submarines would play a critical role in deterring an amphibious landing by China’s People Liberation Army and also patrol the Taiwan Strait, a strategic 180km (90-mile) wide waterway that separates Taiwan from mainland Asia. Beijing claims sovereignty over both and has not ruled out the use of force to achieve its aims. Taiwan’s President Tsai Ing-wen attends the groundbreaking ceremony for Taiwan’s first indigenous submarine at a shipyard in Kaohsiung. She has increased the defence budget and indicated the island will pursue a policy of ‘asymmetric’ defence [Ritchie B Tongo/EPA] A Taiwanese F-16 fighter jet flies next to a Chinese H-6 bomber [Taiwan’s defence ministry via AFP] Taiwan has traditionally bought much of its weaponry abroad, particularly from the United States, but the decision to produce submarines at home probably got Washington’s approval. While the US does not maintain formal diplomatic relations with Taipei, it is the democracy’s defence guarantor under the Taiwan Relations Act. Shortly before the groundbreaking submarine programme, the Reuters news agency reported that Rear Admiral Michael Studeman, a “two-star Navy admiral overseeing US military intelligence in the Asia-Pacific region” had visited Taiwan. Building and buying new technology, however, is just one of the challenges facing Taiwan’s military, which has been beleaguered by old equipment and high maintenance costs due to the island’s hot and humid climate. Given its proximity to a hostile neighbour, the Pentagon has called Taiwan’s military spending “insufficient”, even as Tsai raised the 2021 budget to its highest-ever at $15.2bn. Israel, by contrast, spent $20.5bn on its military in 2019, while South Korea spent $43.9bn and Japan $47.6bn, according to the Stockholm International Peace Research Institute. Other issues include how deeply Taiwan’s military establishment is internalising the new “asymmetric” approach to defence, its willingness to reform and the need to increase both the number and quality of recruits to the armed forces.

https://www.aljazeera.com/news/2020/11/24/taiwan-begins-building-first-domestically-produced-submarines

[Construction]

On the contrary, surge in use of fluoropolymer films in the construction and energy sectors is expected to open lucrative opportunities for the market players in the future. Request PDF Brochure:  https://www.alliedmarketresearch.com/request-sample/2310 The automotive and aerospace industries have experienced a significant decline due to lack of labor and disrupted supply chain. As the majority of the countries are still under lockdown, production facilities are either completely closed or working with half of the total production capacity. This resulted in decline in the fluoropolymer’s supply. By application, the pipe segment held the lion’s share in 2019, accounting for more than one-fourth of the global fluoropolymers market. Moreover, the segment is expected to register the highest CAGR of 3.3% during the forecast period as fluoropolymers pipes are commonly used by petrochemicals, pharmaceuticals, chemicals, and almost every business involved in the handling of helpful hints extremely volatile and corrosive solvents and acids for their manufacturing needs. Get Detailed COVID-19 Impact Analysis on the Fluoropolymers Market:  https://www.alliedmarketresearch.com/request-for-customization/2310?reqfor=covid The industrial equipment segment to manifest the highest CAGR through 2027- By end-user industry, the industrial equipment segment is projected to portray the highest CAGR of 4.5% during the forecast period. Moreover, the segment held the largest share in 2019, contributing to nearly two-fifths of the global fluoropolymers market, as fluoropolymers are widely used in industrial processing industries for various applications such as pumps, impellers, tanks, heat exchanger coatings, reaction vessels, autoclaves, flue duct expansion joints and others. Asia-Pacific, followed by North America, held the largest share- By region, the market across Asia-Pacific held the largest share with nearly half of total market share and is expected to manifest the  highest CAGR  of 6.6% during the forecast period, due to presence of large manufacturing hubs in China and India and increasing demand for high-quality medical, automotive, consumer, and electronics products. The global fluoropolymers market across North America is estimated to register a CAGR of 6.5% from 2020 to 2027.

https://www.mccourier.com/fluoropolymers-market-growth-and-changes-influencing-the-industry-2027-demand-and-production/