Europe Baking Molds And Trays Market will exhibit a CAGR of 4.3% by 2031

The market for baking trays and moulds, also known as baking containers, is anticipated to grow to $773 million in 2021. Between 2021 and 2031, sales of baking moulds and trays are anticipated to increase by 6.3% CAGR. Following the COVID-19 epidemic, there was a period of sluggish sales, but starting in 2021,

the need for baking moulds and trays is increasing again. By 2031, there will be a 1.3-fold rise in the use of metal baking pans and moulds compared to plastic, according to Future Market Insights (FMI).

How Will Baking Molds & Trays Market Outlook Compare Between 2021-2031 and 2016-2020?

Growth in fast moving consumer goods industry has caused accelerated growth in the baking molds & trays market. It is predicted to rise at 6.3% CAGR from 2021 to 2031 in comparison to the 2.8% CAGR registered during 2016 to 2020. The market has been forecast to account for nearly 1.8% of the bakery & confectionary market in 2021.

Globally an economic surge has resulted in rise of consumption of bakery and confectionary products. Increase in disposable income has caused consumers in emerging economies to spend more on food and food services sector and this trend is expected to continue through the course of the forecast period.

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Key Takeaways from Baking Molds & Trays Market

  • By cavity type, multiple cavity segment is ahead and leading the global baking molds & trays market. With its cost effectiveness, target segment is estimated to hold lion’s share of 80% during the forecast period.
  • On basis of material, silicone is mostly preferred in the market due to its durability, safety and hygienic properties. The same segment is anticipated to increase 2.02 times of current value, during next 10 years.
  • As per FMI experts, although industrial segment is expected to hold major chunk of the global market, commercial end use segment is expected to witness a gain of 150 bps of current value share by 2031, due to increasing health conscious youth preferring baked food over others.
  • East Asia and South Asia combined are anticipated to generate large financials for baking molds & trays market due to lower tax slabs and cheap labor and easy foreign investment laws. Collectively these two regions are estimated to create cumulative incremental opportunity of US$ 370 Mn by the end of 2031. On the other hand, mature markets of North America and Europe are expected to hold prominent market share of almost 37% by the year 2031.

Will Demand for Hygienic Packaging Solutions Drive Baking Molds & Trays Market?

Increasing awareness about the use of hygienic packaging solutions for various food packaging applications in emerging economies offer immense growth opportunities to the baking molds & trays market.

Consumers are preferring ready to eat meals available in microwave and oven-safe packaging that suit their busy lifestyles and need for hassle free cooking operations. While demand is picking up globally, low penetration in some emerging economies due to fewer suppliers and manufacturers offering packaging solutions might hinder the growth of the market.

Competitive Landscape

Companies operating in the baking molds & trays market are aiming at expansion and strategic partnerships with other manufacturers to expand their product manufacturing capabilities, product portfolio and global presence.

  • In July 2021, Guardini S.p.A. launched a B-Nat Line that is a high quality sustainable product which is 100% manufactured in Italy.
  • In March 2021, Nordic Ware undergoes expansion as home baking surges amid COVID pandemic. Company’s sales increased by over 400% and construction is underway for 22,000 square foot addition to the fulfilment centre. Later on, Nordic Ware will move on to phase-2 of expansion by building 45,000 square foot of warehouse space.
  • In March 2021, Bold Maker introduced New THC Chocolate Bar Polycarbonate Mold, which is a 9-piece multiple cavity baking molds made from FDA 21 CFR Compliant Polycarbonate.

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Key Companies Profiled

  • Nordic Ware
  • Guardini S.p.A.
  • SILIKOMART S.r.l.
  • Pavoni Italia S.p.A.
  • Hans Brunner GmbH
  • Dongguan AASIN Technology Co. Ltd.
  • Panibois
  • Bold Maker
  • TEMMA SHIKI
  • Rubber Silicone Molds
  • Schneider GmbH

Baking Molds & Trays Market by Category

By Cavity Type:

  • Single
  • Multiple

By Material:

  • Plastic
  • Silicone
  • Metal
  • Wooden
  • Others

By End Use:

  • Commercial
  • Household
  • Industrial

Foamer Pump Market likely to surge at a vigorous 4.2% CAGR during the assessment period 2031

Between 2022 and 2031, there will be a 4.2% CAGR in the size of the foamer pump market. According to the most recent Future Market Insights (FMI) report, the market’s total revenue is predicted to reach US$ 143.7 Mn in 2021.

In 2020, the global market for foamer pumps made up around 7.5% of the US$ 4.5 billion market for cosmetic pumps and dispensers. Despite COVID-19’s stagnating sales, demand for foamer pumps is predicted to increase starting in 2021, albeit modestly. By the end of 2021, the foamer pump market is anticipated to have 360 million units sold, according to FMI.

2015-2020 Foamer Pump Market Outlook Compared to 2021-2031 Forecast

Majorly driven by the growth of the cosmetics industry across the globe, the foamer pump market is anticipated to rise at 4.2% CAGRfrom 2021 to 2031 in comparison to the 3.6% CAGR registered during 2015 to 2020.

A foamer pump is a non-aerosol way of dispensing liquid materials. The foam pump dispenses the liquid in the form of foam. Foam is created in the foamer chamber where the liquid constituents are mixed and then discharged. The parts of the foam pump are most commonly made from polypropylene (PP).

A foaming pump often comes with a protective cap to avoid any wastage or drying of constituents in the pump mechanism. The foam pump is widely used to dispense cosmetic products and household chemicals, such as hand washing liquid, shaving cream, hand sanitizer, mousse foam cleansing, facial cleanser, and hair conditioning mousse, sun protection foam, spot removers and baby products among others.

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Key Takeaways from Foamer Pumps Market

  • Handheld foamer pumps are most popular across the globe and are anticipated to hold 35% of the foamer pump market share in 2021.
  • Due to the rising awareness regarding importance of maintaining personal hygiene, frequent sanitizing of hands has become common across the world. Amidst COVID-19 outbreak, the demand for hand sanitizers has skyrocketed, catapulting then as the largest end-use application of foamer pumps across the globe.
  • Europe is expected to be the largest market for foamer pumps, accounting for almost 30% of the market share in 2021.
  • Sales in Germany will continue supporting expansion in Europe. Within the U.K., the demand for foamer will grow by 4% year-on-year in 2021.
  • South Korea is expected to emerge as a highly lucrative market for foamer pump in East Asia. The sales of foamer pump will grow by 2 times its current valuation in South Korea by 2031.

Increasing Sanitizers Sales Giving Tailwinds to Foamer Pumps Demand

People have become more aware about personal health and hygiene following the unprecedented COVID-19 outbreak. This also has resulted in frequent use of hand sanitizers as a common means to prevent the spread of infection. As a result, in the past year, the demand for sanitisers reached an all-time high.

Even as lockdowns and restrictions are being lifted, maximum number of public places have made it mandatory to either sanitize hands before entering or carry a personal sanitizer. This is being strictly followed by many institutions and organizations to prevent any spread of the virus.

Competitive Landscape

Companies operating in the foamer pump market are aiming at product launches, expansion, and strategic partnerships with other manufacturers to gain competitive edge. The key players also are focusing on expanding their product manufacturing capabilities, product portfolio and global presence. Leading foamer pump manufacturers are committed to the research and development and are consistently offering innovative applications of the product for many industries.

For instance, in April 2020, Albéa S.A started manufacturing of tubes, foam and lotion pumps for hand sanitizers.

In December 2020, Silgan Dispensing Systems launched Mini NEA line of sample-size foam solutions designed for lotions and other personal care products.

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Key Companies Profiled

  • Silgan Holdings Inc.
  • Aptar Group, Inc.
  • APackaging Group
  • Albea S.A.
  • Rieke Corporation
  • Raepak Ltd.
  • Richmond Containers CTP Ltd.
  • Silgan Dispensing Systems Corporation
  • Sun-Rain Sprayer Co., Ltd.

Foamer Pump Market by Category

By Pump Type:

  • Squeeze Foamer Pumps
  • Dual Chamber Foamer Pumps
  • Table Top Foamer Pumps
  • Handheld Foamer Pumps

By Material:

  • Plastic
    • Polyethylene (PE)
    • Polyethylene Terephthalate (PET)
    • Polyvinyl Chloride (PVC)
    • Polypropylene (PP)
    • Others
  • Metal

By Application:

  • Hand Sanitizer
  • Face and Body Wash
  • Sunscreen
  • Shampoos and Conditioners
  • Other Applications

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Demand for Barricade Tape is expected to register growth at 5% CAGR between 2022 and 2031

The most recent industry research from Future Market Insights (FMI) predicts that in 2021, there will be more barrier tape sold globally than 1,000 million square metres.

By 2031, the global barricade tape market is anticipated to reach US$ 1.67 billion, expanding at a CAGR of 4.6%. The top 5 providers will control 15-20% of the market for barricade tape in 2021, according to a forecast by FMI.

In addition to that, as a part of safety measures at places where the harmful and flammable goods are stored, those places require proper safety marking and labelling by barricade or security tapes. Different coloured barricading tapes are manufactured by key players for indication of different types of dangers or hazards. Also, different types of printed tapes are used to alert people to various types of hazards.

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For instance- red/white coloured tape for fire prevention & protective equipment, yellow/black coloured tape for caution, and red coloured tape for serious hazards and dangers.

Availability of a large number of colours in barricade tapes containing different texts for various threats is expected to fuel the demand for barricade tapes. End-users are focusing on providing end-user industries with the best-suited barricade tapes, printed with colours and text, indicating the potential hazards in their respective industries.

Key Takeaways from Barricade Tapes Market

  • Barricade tapes with a thickness ranging from 6 to 8mm is expected to record growth at 5% CAGR between 2021 and 2031. Barricade tapes with medium thickness offer cost-effective, durable and lightweight soft barricading solutions for end-use industries across the globe.
  • Expansion of building & construction industry across the U.S. will offer a total incremental opportunity of US$ 140 Mn over the next decade.
  • Easy availability, flexibility and hassle-free production process makes plastic as most preferred material by barricade tapes manufacturers across the regions. Plastic barricade tape is expected to account for 60% share in 2021.
  • Sales of barricade tapes used in industrial end users are anticipated to exhibit growth at 5% CAGR between 2021 and 2031, on the back of favourable stringent regulation for safety of employees and labor.
  • Germany is expected to be the largest market for barricade tapes in Europe accounting for almost 20% market share in 2021.

How will Upgraded Workplace Safety Norms Boost the Sales of Barricade Tape?

The Occupational Safety and Health Administration (OSHA) has made it compulsory for all employers to provide proper barricading of hazardous areas at the workplace.

Stringent government regulations implemented to ensure workplace safety will drive the demand for various types of barricading tools and products. Hence, barricading tape are gaining popularity as safety tools within automotive, pharmaceutical, building & construction, and other manufacturing industries.

Increasing rate of accidents in industries such as mining, construction, and chemicals has compelled key players to adopt barricade tape as a safety solution even in the underdeveloped and emerging markets.

Demand for barricade tape is surging because they are used to mark dangers at workplace by stretching or sticking it to reduce the risk of accidents and fatalities. This trend is helping the market to gain pace in India, China, and South Korea as focus on workplace safety has surged in these countries.

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Barricade Tapes Market Landscape

Some of the key players dominating the global barricade tapes market are

  • 3M Company,
  • Shurtape Technologies, LLC,
  • Brady Corporation,
  • Scapa Group PLC,
  • Tesa SE,
  • Surface Shields, Inc.,
  • Advance Tapes International Ltd.,
  • Vibac Group S.p.a.,
  • Mutual Industries, Inc.,
  • Custom Tape Ltd,
  • Intertape Polymer Group Inc.,
  • Yuyao Laisifu Houseware Co., LTD,
  • Nitto Denko Corporation,
  • Ningbo Teagol Adhesive Industry Co., LTD and
  • MAS Corporation.

Barricade Tape Market by Category

By Thickness:

  • Up to 2 mm
  • 2 to 4 mm
  • 4 to 6 mm
  • 6 to 8 mm
  • 8 mm & Above

By Material Type:

  • Plastic
    • Polyethylene (PE)
    • Polypropylene (PP)
    • Polyethylene terephthalate (PET)
    • Polyvinyl Chloride (PVC)
  • Paper
  • Aluminium Foil
  • Cotton Fabric

By End Use:

  • Industrial
    • Building & Construction
    • Automotive
    • Mining
    • Agriculture & Irrigation
    • General Industrial
    • Aerospace
  • Non-Industrial
    • Traffic Signs
    • Crime Scenes
    • Defense
    • Restricted Areas

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Dosage Cups Market registered steady growth revenues up by 4.6% year-over-year

The market for dosage cups saw consistent growth, with global revenues increasing by 4.6% over the previous year. Sales of dose cups are expected to reach US$3.3 billion between 2021 and 2031, according to Future Market Insights (FMI). Over the course of the assessment period, the market is expected to increase at a 5.0% CAGR.

The global consumption of dosage cups is anticipated to reach 45.2 billion units in 2021, up 4.4% year over year (YoY). According to estimates, demand in the US market will grow by 3.7% annually in 2021, outpacing sales of US$ 429.5 Mn.

Increasing application of dosage cups within hospitals, pharmaceuticals, clinical labs, medical institutions, and households are spurring sales in the market. Innovation in dosage cups such as launch of child-resistant caps is helping the market gain traction.

Sustainability concerns among end users and consumers are improving the demand for reusable dosage cups. However the sales of disposable cups is poised to surge following the outbreak of COVID-19. These cups are preferred more to prevent the risk of spreading infection.

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Key Takeaways from Dosage Cups Market

  • By capacity, up to 15ml segment is estimated to be the leading segment among the other segment. It is anticipated to expand at a CAGR of 6.8% during 2021-2031.
  • By product type, the disposable segment is forecast to increase at a higher pace during the assessment period. Demand in this segment is estimated to increase 2.1x times the current market value during next ten years.
  • By printing, printed segment is anticipated to hold around half of the market share, creating an incremental opportunity of US$ ~817.7 Mn.

By end users, the pharmaceutical segment followed by the hospital segment is anticipated to lead the market.

  • India is expected to spearhead the growth of South Asia Market
  • China and the U.S. are anticipated to emerge as highly lucrative markets for dosage cups

What are the Factors Driving Dosage Cups Demand?

Outbreak of COVID-19 across the globe aided the expansion of healthcare and pharmaceutical industry. With the outbreak of the pandemic, demand for medicines and vaccines to curb the spread of the disease increased and so did the demand for dosage cups.

Governments across the globe encouraged pharmaceutical companies to increase their production capacity to meet the rising demand for healthcare & pharmaceutical products. This also improved the adoption of dosage cups.

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Competitive Landscape

Key players engaged in manufacturing dosage cups are focusing on increasing their production capacity by expanding their manufacturing facilities to meet the rising demand. Also, the dosage cups manufacturers are trying to increase their global footprint through merger & acquisitions with local players.

For instance,

  • In July 2021, H&T Manufacturing Ltd. announced the acquisition of Novelex AG, a manufacturer of plastic components and devices for the pharmaceuticals industry.
  • In June 2020, Comar LLC expanded its footprint in East Coast by building a new plant, which will help in expanding their capacity.
  • In January 2020, LLC Farmmash launched the new dosing cup SD-15, which can be equipped with a child resistance cap and this dosing cup ranges from 20 ml to 25 ml.

Key Companies Profiled

  • Sonoco Products Company
  • Origin Pharma Packaging
  • Comar LLC
  • Adelphi Healthcare Packaging
  • SGH Healthcaring
  • Gerresheimer AG
  • Hammarplast Medical AB
  • Medline Industries, Inc.
  • Plastic Bubbles

Dosage Cups Market by Category

By Capacity:

  • Upto 15ml
  • 16ml to 35ml
  • Above 35ml

By Product Type:

  • Reusable
  • Disposable

By Printing:

  • Printed
  • Non-printed
  • Embossed

By End-Users:

  • Hospitals
  • Clinical Labs
  • Medical Institutions
  • Households
  • Pharmaceuticals
  • Others

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Market Analysis

1.3. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation Trends

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Dehydrating Breather Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

The Dehydrating Breather are installed for preventing the moisture present in the air to come into contact with the oil used in transformers and other electrical devices for industrial processes. The Dehydrating Breather are mostly used on the oil loading sections or other side of the section that primarily consist of air in the transformers.

The Dehydrating Breather contains silica gel that have property to absorb the moisture from the air breather. In most of the cases, the major reason behind the failure of transformers or industrial devices is lack of moisture level control in the devices. As a result, it is very important to maintain low humidity using Dehydrating Breather filled with Silica that can absorb moisture present in the air likely to affect maintenance cost of the transformers. The Dehydrating Breather are designed in a manner to prevent any kind of contact between the air containing moisture and silica allowing longer life of the Dehydrating Breather and lower maintenance.

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The alternative breathers are also sometimes fitted to the same device for enhancing transformer reliability and maintain required silica gel saturation level. Moreover, Dehydrating Breather are equally easy to install on new equipment as well as for retrofitting purposes. The Dehydrating Breather must be compatible with international standards such as European (EN) standards and Deutsches Institut für Normung e. V. (DIN) standards to maintenance performance trust among the end users.

Dehydrating Breather Market: Drivers and Restraints

The major benefits of Dehydrating Breather are enhancing of process control system through real-time moisture measurement and reduction of energy consumption will consequently drive the demand for the product. With increasing number of orders from consumers from power sector and growing need of increasing capacity utilization, the transformer industry will continue to grow and push demand for Dehydrating Breather as well.

The Dehydrating Breather have also demonstrated noteworthy technological advancements over the years. A changing energy mix due to greater renewable integration and the growing focus on smart power infrastructure have also led to significant growth of Dehydrating Breather landscape.

The next generation of Dehydrating Breather for power transformers are equipped with highly accurate pressure sensor that keep an eye over incoming air and utilize the pattern and finalize the time for silica regeneration. For remote applications, the demand of Dehydrating Breather integrated with indicators visually alerts describing operational status and other controls will witness attractive growth.

The share of renewable energy is slowly increasing in the energy mix emerging as important alternatives. The government initiatives taken by the government to promote renewable energy will be accelerating Dehydrating Breather growth. The new auto-recharging Dehydrating Breather that recharge on their own using new technologies along with modular design, corrosion resistant enclosures are the features trending in the Dehydrating Breather marketplace.

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Dehydrating Breather Market: Region-Wise Outlook

The global Dehydrating Breather market is segmented into seven key regions: North America, Latin America, Western Europe and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). In the coming years, Western Europe, Japan and North America regions will be key markets owing to advancements in industrial processes and replacement of power infrastructure across developed part of the globe.

The Asia Pacific and Middles East & Africa (MEA) region will witness high growth as government authorities are encouraging investments at the transmission and distribution level to increase access to reliable and continuous power supply. The Latin America and Eastern Europe will also offer revenue generation opportunities with rising industrialization in the regions.

Dehydrating Breather Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Dehydrating Breather market include:

  • ABB Group
  • AGM Container Controls Inc.
  • Des-Case Corporation
  • Qualitrol Corporation
  • Parker Hannifin Corp
  • Hubbell Incorporated
  • Eaton Corporation
  • HYDAC
  • MAIER Group
  • Maschinenfabrik Reinhausen (MR)

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Dehydrating Breather Market: Segmentation

On the basis of type, the Dehydrating Breather market can be segmented into:

  • Conventional Breather
  • Self-Dehydrating Breather

On the basis of Desiccant Volumethe Dehydrating Breather market can be segmented into:

  • Less than 2.0 kg
  • 2.0 kg to 4.0 kg
  • More than 4.0 kg

On the basis of Application, the Dehydrating Breather market can be segmented into:

  • Utilities
  • Industrial
  • Automotive
  • Others

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Continuous Miners Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive

Continuous Miners are earthmoving equipment utilized for the underground mining. Mostly these continuous miners are used in coal mining. The design of continuous miners make them versatile in nature. The tool fitted with the arms is adjustable according to the need of mining height.

Continuous miners are large in size, having rigid frame and battery or engine powered machine with lift arms. However, mostly continuous miners are engine powered machine, owing to its high efficiency. Continuous miners has seven main parts such as cutter, gathering head, conveyor, traction, dust collector, manifold hydraulics and electrical circuits.

Continuous miners are remotely operated as well as have driver cabin, this feature make them highly maneuverable.  There are some factors that decide which type of Continuous Miners is used in particular operation such as cutting height and type of work. Owing to several benefits, the demand for continuous miners is estimated to witness the significant growth in the upcoming years.

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Continuous Miners Market: Market Dynamics

Increasing mining activities around the globe is expected to be a key driving factor for the growth of continuous miners market. Rising energy demand in the developed and developing countries has fueled the demand of coal mining, which in turn, accelerate the growth of continuous miners market. The adoption of innovative technology in mining process is estimated to propel the demand of electrical continuous miners, hence contributing to the growth of continuous Miners market.

Moreover, the rise in number of power generation projects is also one of the most important factors boosting the growth of continuous miners market. Additionally, the Continuous Miners are also used in rock salt mining and potash mining, owing to its advanced technology and high efficiency. This factor is projected to fuel the growth of continuous miners market.

The high cost incurred in its preventive maintenance as well as high initial investment is expected to hamper the growth of continuous Miners market during the forecast period.

In current scenario, rental system of versatile equipment is expected to gain traction in the mining and construction industry which in turn, is projected to boost the growth of continuous miners market. The demand of renting construction equipment in medium and small sized enterprises is quite high, so the prominent vendors in the equipment manufacturing sector are providing continuous miners on rent.

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Continuous Miners Market: Regional Overview

The Global Continuous Miners market can be divided into seven geographical regions such as North America, Latin America, Europe, SEA & Pacific, China, Japan, Middle East and Africa. The Continuous Miners market is expected to witness healthy growth rate in the countries of Latin America, owing to increase in mining activities and new investment in the mining by foreign players.

India, SEA & Pacific are also estimated to hold prominent share in the Continuous Miners market, due to the rapid growth in mining industry in the region during the forecast period. Some of the prominent economies in the European region such as Germany, Italy, UK, France and Russia among others are expected to contribute a prominent share in the said market during the forecast period.

Moreover, North America grow with significant growth rate owing to presence of all prominent manufacturers in the region.

Continuous Miners Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Continuous Miners market includes:

  • Phillips Machine Services, Inc.
  • Joy Global Inc
  • ATB Morley
  • Sandvik Group
  • Toyota Corporation (Toyota Continuous Miners)
  • Esco Corporation
  • Cincinnati Mine Machinery Co.
  • China LM Heavy Industry Science and Technology Co. LTD

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Request a Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-7135

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Continuous Miners Market: Segmentation

Continuous Miners Market can be segmented on the basis of End Use, Cutting height and Cutter type

On the basis of End Use, Continuous Miners market can be segmented into:

  • Coal Mining
  • Rock salt Mining
  • Potash Mining

On the basis of cutting height, tractor scrapper market can be segmented into:

  • Below 3m
  • Between 3m – 4m
  • Above 4m

On the basis of Cutter type, tractor scrapper market can be segmented into:

  • Borer type
  • Oscillating type
  • Horizontal drum type

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Industrial Hemp Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights 2028

The legalization of industrial hemp has created major opportunities such as increasing processing and distribution, providing major revenue opportunities for the industrial hemp market players. The Hemp Farming Act of 2018, removed industrial hemp from Schedule I controlled substances, after which it was stated as ordinary commodity in the agricultural industry.

With this policy, the industrial hemp market projects a bright a favorable future in the coming years.

Research and Developments Illustrate the Benefits Associated with Industrial Hemp

Research and development plays a vital role every business domain. Researchers have explored the benefits of the plant for bees for the huge pollen quantity produced by hemp flowers, when the industrial hemp fields were investigated by researchers in Colorado.

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Lack in Uniformity of THC Levels in Different Regions to Affect Trade of Industrial Hemp

The tetrahydrocannabinol (THC) levels in industrial hemp are defined differently by legislations across distinct regions. For example, the Industrial Hemp Farming Act of 2015 stated the THC level for industrial hemp cultivated in America would be 0.3 percent THC, while the European Industrial Hemp Association (EIHA) set the THC levels at 0.2 percent. This difference would cause disadvantages to the producers in North America and Asia.

Leading Regions to Project Significant Potential for Production of Industrial Hemp

The industrial hemp market is scrutinized by analyzing its presence across the globally recognized regions. With the legalization of industrial hemp, the production is expected to register a massive growth in the coming years. Accepted as an agricultural commodity, industrial hemp is largely produced in Asia, Europe as well as the North American market.

United States reflect rising production. The New Jersey governor gave an approval for the industrial hemp farming. Similar developments were observed in North Carolina, where a pilot program was focused on the information related to production, cultivation, and farming of industrial hemp aimed to improve the sustainability and profitability of agriculture for farmers in North Carolina. Michigan has also entered the league where the Michigan House of Representatives approved a plan that would allow farmers to expand into the industrial hemp market.

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Competitors to Implement Robust Strategies to Gain Competitive Edge in the Market

Companies and contributors to the industrial hemp market are implementing key strategies with a focus on gaining greater market presence and a competitive advantage over its competitors. The major players recognized across the industrial hemp market include Botanical Genetics, LLC, Ecofibre, Hemp Inc., Plains Industrial Hemp Processing Ltd., MARIJUANA COMPANY OF AMERICA, INC., Global Hemp Group Inc., American Hemp LLC, Valley Bio Limited, Boring Hemp Company, and HempFlax BV.

Hemp Inc., a recognized leader in industrial hemp industry announced that it has entered into an agreement with 2 Manifest Studio, LLC. For creating documentaries and docuseries for an estimated span of five years. As Hemp, Inc. is progressing in Arizona, it is expected to serve as an increasingly strategic area for hemp processing and distribution, and 2 Manifest Studio is diligently working towards capturing the developments commenced by Hemp, Inc.

MARIJUANA COMPANY OF AMERICA INC., provided updates on the harvest of their Canadian hemp project in which the company stated that the hemp cultivation in 2018 provided immense experience and knowledge the year’s large scale operation. The company further finds scope in the use of improved genetics for the refinement and processing activities. This showcases their continual focus on developments and improvements, providing major growth avenues for industrial hemp market.

Botanac, an industrial hemp production company based in Oklahoma recently harvested 104 acres grown legally, post the legalization of industrial hemp. The company being the first to grow as well as harvest the crop, with the industrial hemp seeds being let out for sale.

Classification of Industrial Hemp Market: Significant Segments

The industrial hemp market is segmented based on its application in end-user segments. The key application segments include pharmaceutical, animal care, paper products, packaging, textiles, construction materials, biodegradable plastics, cosmetics and body care products, automotive, food and beverages, and others.

The research study on industrial hemp market highlights a detailed assessment of the overall market. It comprises of in-depth insights, historical and factual data, and industry-validated and statistically-supported data that provides a better understanding of the industrial hemp market. The industrial hemp market report includes predictions using adequate set of assumptions and methodologies. The research report on industrial hemp market provides evaluations and data based on regions, technology, market segments, and applications.

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The report comprises a thorough market analysis on

  • Segments of market
  • Market Influencers
  • Industrial hemp Market Size
  • Supply and Demand
  • Latest trends and challenges in the industrial hemp market
  • Major manufacturers of Industrial hemp
  • Value Chain
  • Technology

Geographical assessment includes

  • North America Market of Industrial hemp focusing on Canada and US.
  • Latin America Industrial hemp Market comprising Mexico, Brazil, and Rest of Latin America.
  • Western Europe Industrial hemp Market that includes Germany, Italy, U.K, France, Nordic countries, Netherlands, Spain, Luxembourg, Belgium, and Rest of Western Europe.
  • Eastern Europe Market of Industrial hemp including Poland, Russia, and Rest of Eastern Europe.
  • Asia Pacific Market of Industrial hemp including China, India, ASEAN, Australia & New Zealand.
  • Japan Industrial hemp Market
  • Middle East and Africa Industrial hemp Market­­-GCC, South Africa, and Rest of MEA.

The industrial hemp market research study is a glance of first-hand information gained by analyzing the market in a qualitatively and quantitatively. This data is obtained with the help of research analysts, experts in the industry and participants across the value chain. The detailed assessment of the trends in the parent market, macro-economic metrics, factors governing the market, and market attractiveness according to segments are all included in the report. The industrial hemp market study also hints the influence of the several factors on the regions and market segments.

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Voyage Data Recorders Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2028

Voyage Data Recorders (VDR) are manufactured to be used in marine and ships. Voyage data recorder is a kind of black box which stores information of the voyage and it includes information’s, such as navigation, location, speed, order and feedback responses, and other similar readings. This is especially used to retrieve data in case the ship sinks.

Voyage data recorders are usually of two types, i.e. either full or simplified voyage data recorder. They are installed in ships, cargos and naval vessels to collect data from the onboard devices, such as sensors and others.

Voyage Data Recorders Market: Drivers and Challenges

Current initiatives, such as “One Belt, One Road”, initiative for expansion of Suez and Panama Canal, is estimated to potentially affect the global seaborne trade. Growing technological advancement and e-commerce, thus the freight forwarding, coupled with industrial revolution in emerging countries, has the prospectus of reshaping the marine industry and in turn driving the demand for voyage data recorder market.

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International Maritime Organization (IMO), the maritime safety committee established certain standards defined under MSC.33 (90), which mandates the installation of voyage data recorders in all the ships. Hence, all the marine vessels abiding IMO standards are mandated to install the VDR systems complying with the international guidelines. This will have a direct effect on the demand of voyage data recorder market.

The ability of a voyage data recorder to store data of a month or more, for a long period of time, is the key driver for the voyage data recorder market. As it helps in receiving and sending notifications in critical situations. Also, they are widely utilized in marine education institutes for training purposes. This technological advancement has enhanced the marine industry performance and reliability to the extent that they are now being involved in the first line of defense in several countries.

Further, the increasing fleet of marine vessels is expected to drive the demand of voyage data recorder over the projected period of time. Furthermore, shipping of goods via cargos is comparatively economical than shipping via air, hence cargo shipping is witnessing significant demand in recent past. This, in turn, will augment the growth of the voyage data recorder market over the forecast period. However, high installation cost could hinder the growth of the voyage data recorder market.

Voyage Data Recorders Market: Regional Overview

During the forecast period, Asia Pacific (China, India and South East Asia Pacific) is expected to hold a greater share of the market owing to the presence of better marine network and freight transport. Also, Asia Pacific being the manufacturing hub of most of the goods, is the major exporter. North America is anticipated to register significant growth after Asia Pacific as a result of the region’s increasing export and import business, and passenger traffic, which in turn will drive the regional market share of the voyage data recorder. Expanding import and export of oil and gas in Middle East Africa via sea-cargos, is stipulated increase the trade of voyage data recorders in coming years.

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Global Voyage Data Recorders Market: Key Players

Examples of some of the market participants in the global voyage data recorder market identified across the value chain include:

  • DANELEC MARINE
  • INTERSCHALT
  • FURUNO ELECTRIC CO., LTD.
  • Japan Radio Co.
  • Northrop Grumman Sperry Marine B.V.
  • Netwave Systems B.V.
  • Beijing Highlander Digital Technology Co., Ltd.
  • Consilium AB Publ.
  • Totem Plus Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Voyage Data Recorders: Market Segmentation

On the basis of system type, the global Voyage Data Recorders market has been segmented as:

  • Simplified Voyage Data Recorder
  • Full Voyage Data Recorder

On the basis of product type, the global Voyage Data Recorders market has been segmented as:

  • Fixed Voyage Data Recorder
  • Float Voyage Data Recorder

On the basis of application, the global Voyage Data Recorders market has been segmented as:

  • Naval Ships
  • Cargo Ships
  • Passenger Ships

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Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

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Flame Arrester Market 2022 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth

The growth in oil & gas and power generation sectors has led to the higher adoption of equipment such as flame arresters, whose proposed function is to allow flow but prevent the transmission of flame from either detonation or deflagration. A flame arrester is expected to emerge as an important device in the near future and is expected to be used in various applications.

Different types of flame arresters are available in the market depending upon the orientation, including horizontal flame arresters and vertical flame arresters.

More recently, flame arresters have been perceiving a surge in the demand for power generation, oil & gas and mining applications. Increasing regulations pertaining to the mandatory installation of flame arresters in different end use industries to ensure the safety of plants as well as employees. This will upsurge the demand for flame arresters in the coming decade.

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Flame Arrester Market: Dynamics

Drivers:

Ever growing end-use industries, such as oil & gas, power generation, pharmaceutical, agro-chemicals and fertilizers, etc., both in developing and developed economies is expected to be the prime reason driving the growth of the global flame arrester market over the forecast period. Moreover, the flame arrester ensures highly levels of safety, better protection of plants as well as employees.

This factor is also expected to contribute to the growth of the global market in the coming decade.

Restraints:

Improper functioning or failing equipment requires high maintenance and repair expenses and excessive downtime. This is anticipated to act as a restraining factor for the growth of the global flame arrester market over the forecast period. Moreover, if the pressure drop is too high, the equipment downstream may be unable to operate which is expected to hamper the growth of flame arrester market in the coming decade.

Sometimes, the material may solidify in the flame arrester and cause blockage and requires empting at appropriate interval.

Trends:

A major trend expected five years down the line involves market leaders, both dedicated manufacturers & OEMs, focusing on research and development activities to develop new and innovative products. Moreover, the manufacturer are also offering customized products based on consumer demands. The key players in the flame arrester market are competing on the basis of innovation, low cost, product feature and performance.

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Flame Arrester Market: Region-Wise Outlook

The global flame arrester market can be segmented into the following regions – North America, Western Europe, Eastern Europe, Latin America, South East Asia-Pacific, China, Japan, India and the Middle East and Africa.

The regional demand dynamics can be directly correlated with the demand from end-use industries.Asia Pacific, followed by Western Europe, is expected to dominate in terms of sales and remain dominant in terms of demand for flame arresters, owing to the continuous increase in domestic consumption.

North America is expected to witness significant demand for flame arresters, owing to the regulations that mandate installation in the region. Latin America is expected to grow at a substantial CAGR during the forecast period, owing to the growth of end-use industries in the region. The Middle East & Africa region is anticipated to grow at a significant pace during the forecast period, due to the growth of the oil & gas industry in the region.

Flame Arrester Market: Market Participants

Examples of some of the market participants identified across the value chain of the global flame arrester market include:

  • BS&B FlameSaf Limited
  • Braunschweiger Flammenfilter GmbH
  • luidyne Instrument
  • Parker
  • Pentair Safety Systems
  • ACME Valves Industries
  • Kingsley
  • Enardo
  • Ergil
  • Groth Corporation
  • L&J Technologies

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Flame Arrester Market: Segmentation

The global flame arrester market can be segmented on the basis of type, orientation and application.

By type, the global flame arrester market can be segmented into,

  • End-of-Line Deflagration Arrester
  • In-Line Deflagration Arrester
  • Detonation Arrester

By orientation, the global flame arrester market can be segmented into,

  • Horizontal Flame Arrester
  • Vertical Flame Arrester

By application, the global flame arrester market can be segmented into,

  • Power Generation
  • Oil & Gas
  • Pharmaceuticals
  • Mining
  • Agro-Chemicals and fertilizers
  • Petrochemicals
  • Bio-Fuels

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

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Egg and Egg Products Market accelerating with a CAGR of 7.0% by 2022-2032-FMI

Over the years, eggs have been considered one of the richest sources of protein due to their ability to provide the essential amino acids required by the body for development. They are obtained from Eggs can be processed into various edible foods such as egg rolls, fried eggs, egg patties, quiches, omelettes and others. These processed eggs are referred to as egg products. Consumers are shifting towards the consumption of eggs and egg products because of the affordability and nutritive content. Eggs act as substitute for other proteins such as meat, and fish which are often expensive.

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Diversity in Application

Eggs can be used in the production of various products such as baked products, sweet and savory snacks, and others. They are also used as additives and ingredients in food.

Egg and Egg Product Market Restraint

The egg and egg products market will witness a decline in growth between the foreseeable period because eggs and egg products are readily available in most regions, and there is little or no importation. Hence, the market has an insignificant growth in international trade.

In addition to this, the rising occurrence of avian influenza and the global increase in the vegan’s population are factors threatening the development of egg and egg products market globally.

Egg and Egg Products Market: Region-wise Analysis

The Asia Pacific region dominates the eggs and egg products market with countries like India, China, and Indonesia fueling the growth within the region. China consumes about 40% of the total eggs produced globally every year. Egg is a vital component of the diet of an average Chinese with the least income. With China’s population, a rise in the per capita consumption of eggs significantly upswings the egg retail market.

Also, egg producers in the North America and Asia Pacific region are provided the opportunity to close the gap created in the demand-supply of eggs in the European Union countries

Egg and Egg Product Market: Competitive Landscape

The egg and egg product market is highly competitive and fragmented due to the presence of regional players and significant players. Nevertheless, four prominent players hold dominance in the market. Some of the key players of the market are

  • Cal-Maine Foods, Inc.
  • Land O’Lakes, Inc.
  • Noble Foods Ltd
  • Tyson Foods, Inc.
  • Ningbo Jiangbei Dexi Foods Co. Ltd.

Region-wise Analysis

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Global Egg and Egg Products Market Segment Analysis

The global egg and egg products market can be segmented on the following basis:

Type

  • Egg powder
  • Liquid Egg
  • Frozen Egg
  • Table Egg
  • Specialty Egg
  • Dried Egg
  • Bakery Mix
  • Others

Application

  • Bakery
  • Diary
  • Confectionery
  • Sauces
  • Meal Replacements
  • Beverages
  • Nutraceuticals

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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