Market Research Blog – Page 10039 – New Product Development

Induction Furnace Market Is Anticipated To Nearly Double By 2032, According To Future Market Insights

The global induction furnace market is estimated to exceed US$ 1,500 Mn by the end of 2032. The sales of induction furnaces are expected to total US$ 900 Mn by 2022, accelerating at a CAGR of 5% to 6% during the forecast period 2022-2032. Rising shift from conventional combustion furnaces, owing to the rising electrification trend and growing environmental concerns regarding carbon emission is propelling the demand for induction furnaces in the market.

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Induction furnaces are electrical equipments that work on the principle of electromagnetic induction for processing and melting raw materials, particularly metals, at high temperatures. The capacities of these furnaces range from less than one kilogram to one hundred tons and above and are widely used to melt ferrous and non-ferrous metals such as steel, iron, copper, aluminum, zinc, precious metals, and others.

These electrical industrial equipments are gaining huge traction across diverse metal manufacturing and metallurgy sectors, owing to their favorable attributes such as oxidation-free product, clean, and well-controlled melting process in comparison to other means of metal melting. As, they operate on smoke-free and energy-efficient systems including an induction coil, tilting equipments for pouring molten metal, and a cooling system.

Attributed to this, induction furnaces are increasingly being adopted across iron & steel making, metal component manufacturing, non-ferrous metal production, aluminum manufacturing, others. This is projected to augment the demand for induction furnaces in the global market.

Market Competition

Some of the leading players in the induction furnace market are Epcon Industrial Systems, Electrotherm, ANDRITZ AG, International Thermal Systems LLC, Danieli, DongXong, SMS, Meltech, Doshi, Carbolite Gero Limited, LP, Gasbarre Products, Inc., Ipsen International GmbH, NUTEC Group, Thermcraft Incorporated, and Nupro Corporation.

The market for induction furnace is highly competitive, due to large number of participants and increasing investment in development and introduction of induction furnace by leading players.

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Key Segments Profiled in the Induction Furnace Market Survey

By Type:

Coreless Induction Furnace
Channel Induction Furnace
Rollover Induction Furnace

By Furnace Capacity:

Below 1 Ton
Between 1 to 100 Tons
Above 100 Tons

By End Use:

Steel Industry
Copper Industry
Aluminum Industry
Zinc Industry
Other Metal Manufacturing Industry

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa

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About Us

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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Electric Fabric Shavers Market – Dominance of the Leading Companies Over the Global Industry

The electric fabric shavers help in removing tiny balls called pills that form on old couches, sweaters, and other fabric covered products. Electric fabric shavers can make damaged out clothes appearance brand new as well as feel entirely smooth again. The thickness of the cloth will determine which type of electronic fabric shavers is appropriate.

The textile industry is one of the oldest branches of consumer goods manufacturing in the world. It is a heterogeneous sector which covers the whole production chain of modifying natural and chemical fibers such as wool, cotton, and others into end-user products include household goods, garments, clothes, as well as industrial textiles. Various textiles have different properties, and knitted clothes are very much prone to pilling.

It is not easy for some people to throw a luxury item of clothes that moment it starts to pill. However, pilled clothing can look dull, old, and even messy. According to an independent study, the American population throws away around 10.5 million tons of clothing annually which goes into landfills and only 15% of their clothes are recycled or donate per year.

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Therefore, companies are seeking innovative solutions to hold onto these waste clothes or making them presentable enough to donate or reused. Pills form on the clothes are difficult to remove, so, they require more aggressive products such as electric fabric shavers which can also encourage one not to throw out their old clothes too frequently.

Reasons for Covering Electric Fabric Shavers Market Title

Rise in the textile industry, growing consumer’s desire for portable devices with high battery backup and comfortable to use during traveling or commuting along with increasing consumers brand loyalty are the factors influencing the growth of the electric fabric shavers market in the near future.

Additionally, expanding product premiumization trend, new product launch with innovative features such as stainless steel blades, typically faster, and efficient compared to manual fabric shavers is some other factors fueling the growth of the electric fabric shavers market during the forecast period.

However, availability of hundreds of alternatives in the market such as manual fabric shavers coupled with growing safety standards may hinder the growth of electric fabric shavers market during the forecast period.

Global Electric Fabric Shavers Market: Key Players

Some of the key players operating in the global electric fabric shavers market are Gleener Company, Butler Home Products, LLC, Koninklijke Philips N.V., Sunbeam Products, Inc., 1byone, Inc., House of Wonderful Company, Conair Corporation, Hyman Inc., Pepin Manufacturing, Inc., The Emerson Electric Company, The Fabric Care Company, and others.

Synthetic fibers such as nylon and polyester, though more resilient compared to natural fibers are more prone to pilling as well as workout clothing such as yoga pants, sports clothing made from synthetic fiber to withstand the rigorous activities have more chances of pills are some of the leading factors driving the growth of the global electric fabric shavers market.

Moreover, parents spend lots of money on kid’s clothes as increasing need for special clothing for extracurricular activities; thus electric fabric shavers can be an essential electronic device to remove pills from clothes and make them reusable is expected to grow the electric fabric shavers market during the forecast period.

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Opportunities for Global Electric Fabric Shavers Market Participants

Growing textile industry in developing countries such as India and China as this sector is making a significant contribution in terms of forex earnings as well as employment is the factor due to which electric fabric shavers market revenue is expected to grow at a rapid growth rate, over the forecast period.

Today, textile industry accounts for around 14% of India’s industrial production, and about 27% of export earnings are from textiles and clothing alone. Moreover, consumers are demanding for customizing electric fabric shavers for more delicate fabric so that they can control the pressure coupled with they are also seeking for large pill cup electronic fabric shavers for multi-purpose to minimize the need to stop and empty it frequently is the primary factor accelerating the growth of the electric fabric shavers market.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report.

A detailed market understanding and assessment of the type, application, and distribution channel of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period.

The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

An overview of the market, including background and evolution
Macroeconomic factors affecting the market and its potential
Market dynamics, such as drivers, challenges and trends
Detailed value chain analysis of the market
Cost structure of the products and segments covered in the study
In-depth pricing analysis, by key product segments, regions and by major market participants
Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
Analysis of the market structure, including a tier-wise categorization of key market participants
Competitive landscape of the market, including detailed profiles of the top players in this market

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 covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Indication
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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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.

Global Electric Fabric Shavers: Market Segmentation

On the basis of end-use, the global electric fabric shavers market has been segmented as –

Residential
Commercial

On the basis of sales channel, the global electric fabric shavers market has been segmented as–

Hypermarkets/Supermarkets
Specialty Stores
Multi-brand Stores
Online Stores
Independent Small Stores

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About Future Market Insights (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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Ventilation Fans Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2030

The Ventilation fans are used for circulating the air in the buildings and are also known as mechanical ventilation, where a blower or fan is used to control the flow of air.

The ventilation fans are mechanically designed for the supply of the air in ducts and direct air transportation or air exhaust from the buildings. Typically there are two type of ventilation fans used in the buildings axial fan and centrifugal fans.

The modern ventilation fans has better aesthetics look and it also a centrally mounted unit, Although ventilation fans are mainly covered within a suspended roof and it is also easy to retrofit and it can be installed quickly and without any disruption.

While choosing the ventilation fans various factors has been considered such as, installation of the ventilation fans on rubber or other absorbent to avoid the sound caused by the ventilation fans transmitted into the premises.

The location of the ventilation fans are also crucial to confirm that it will not produce high sound in household areas such as the bedrooms and living rooms.

Ventilation Fans Market: Dynamics

Demand from new sales as well as retrofit sales in end use sectors is said to aid the growth of ventilation fans to a health extent. Demand from commercial and residential sectors will employ wall based ventilation fans in principal whereas industrial sector will have greater intake of ceiling based systems.

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Growth from the former two sectors is said to drive the ventilation fans principally.In terms of supply based trends, prominent market players in the ventilation fans market are focusing on product improvement according to growing customer demands.

For instance, manufacturers are developing self-diagnosis mode, ideal compact ventilation fans as consumers are preferring products with enhanced efficiency and has low operating costs.

In developing countries, governments are considerably investing in the growth of infrastructure in the industrial and commercial sector, which is expected to drive the demand for ventilation fans market in the upcoming years. The presence of natural ventilation system which does not required the ventilation fans may hinder growth of the market.

COVDI-19 crisis impact

The ongoing COVID-19 pandemic will act as a hindrance to construction activities across all end use sectors, with the industrial sector to take the hardest hit and capital investments to be subdued.

However, from retrofit aspect a marginal demand growth is expected to occur in the current year. Also, demand from healthcare facilities may generate a substantial demand. The growth recovery curve for ventilation fans market is expected between the next 4 quarters of the current fiscal.

Ventilation Fans Market: Regional Outlook

Europe has been a prominent regional market given the high number of medical industries and food & beverage in the region, which had contributed to a significant value of the global ventilation fans market.

As per the forthcoming, the scenario is likely to change with Asia Pacific is likely to drive the demand for the ventilation fans market.

The increased construction of the commercial buildings and industrial buildings in the region such as, hospital, school and office premises in past few years, has augmented the sales of the ventilation fans in the region.

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North America is another prominent region which is expected to hold considerable share in the ventilation fans market on the back of enormous construction spending on commercial as wells residential buildings infrastructure in the region.

Latin America ventilation fans market is expected to record a decent growth over the foreseen year owing to increasing infrastructure investment.

The Middle East & Africa ventilation fans market is likely to witness a sound growth as compared to other with the regional countries implementing the natural ventilation system being economical in longtime run. South Africa and GCC countries could observe a high growth rate due to the infrastructure expansion across these countries.

Ventilation Fans Market: Market Participants

List of some of the prominent market participants in ventilation fans market are:

Panasonic Corporation
Continental Fan Manufacturing Inc.
Fuji Electric Co., Ltd.
Suiden
Mitsubishi electronics ltd.
SODECA
AEROVENT
Taiyo Electric Co., Ltd.

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The research report on ventilation fans market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The ventilation fans market report also contains projections using a suitable set of assumptions and methodologies. The research report on ventilation fans market provides analysis and information according to market segments such as of product type, by installation and by material and by application.

The Ventilation fans market report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, Italy, France, U.K, Spain, Poland, Russia)
South Asia (India, ASEAN, Rest of South Asia)
East Asia (China , Japan, South Korea)
Middle East and Africa (GCC Countries, South Africa, Northern Africa, Rest of MEA)
Oceania ( Australia, New Zealand)

The ventilation fans market 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 ventilation fans market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The ventilation fans market report also maps the qualitative impact of various market factors on market segments and geographies.

Ventilation Fans Market: Segmentation

The ventilation fans market can be segmented on the basis of product type, by installation and by material and by application.

By Product Type

Centrifugal ventilation fans
Axial ventilation fans

By Installation

Ceiling-mounted
Wall-mounted

By Material Type

Plastic
Metal

By Application

Industrial
Commercial
Residential

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Easy Peel Film Packaging Market to be US$ 152.64 Bn by 2032 | Future Market Insights

The easy peel film packaging market is likely to record a CAGR of 7.5% through 2032. The market is currently valued at US$ 74.06 Bn in 2022, and is likely to grow to a valuation of US$ 152.64 Bn by 2032.

The revenue form the packaging industry sales globally is expected to continue to show strong growth as both increased consumption and demand for consumer goods and food has driven the needs for more sophisticated packaging, such as easy peel film packaging, supported by growing middle class and rising disposable income.

Packaging film and even packaging product manufacturers are offering products with additional focus given to the convenience aspect for consumers, ultimately creating profitable market opportunities for companies providing easy peel film packaging.

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Easy peel film packaging has been one of the most innovative product offering from packaging companies, vastly benefitting the food and beverage industry in a very short span of time. Moreover, easy peel film packaging allows the customer to handle the product safely and with ease and also ensure consumers that the packaging can be separated from the product without leaving any residue and that it can be fully emptied, minimizing the wastage of the content.

Easy peel film packaging is also moisture resistant, enhances product quality and also benefits both consumers with convenience and aids manufacturers in relation to its sustainable, and easy disposal nature. In addition, easy peel film packaging is also an economical solution for manufacturers, as it reduces the shipping and logistics cost during transportation, ultimately maximizing the profitability margin of suppliers.

Easy Peel Film Packaging: Market Dynamics

Growth in demand for easy peel film packaging is anticipated to remain steady for various reasons. Firstly, the food & beverage industry is constantly striving to offer its products that not only make the packaging attractive but also offers convenience. Secondly, rising investment in product innovation, among packaging film and machinery manufacturers, expansion of production capacity to meet the demand is expected to drive the demand of easy peel film packaging throughout the forecast period.

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The trend of replacing conventional rigid plastic film with easy peel film packaging has been rather safe and economical option for packaging manufacturers, as they consume relatively less space during inventory and transportation. Moreover, offering customized easy peel films with dimensions and printing options as per the customer requirement is the new trend observed in the global easy peel film packaging market. Easy peel film packaging can be used for various types of plastic containers and cups and leaves no residue behind.

The packaging form is non-sticky and perform well with all sorts of temperature. Despite growth opportunities, the manufacturing cost of such packaging is relatively high, resulting into low profitability margins for packaging film suppliers.

Easy Peel Film Packaging: Market Segmentation

The global easy peel film packaging market is segmented on the basis of application, material, packaging and region. On the basis of application, the global easy peel film packaging market is segmented into food & beverage, medical application segment, industrial application segment and other consumer products segment. The food and beverage segment is further sub-segmented into seafood products, frozen food, dairy products, bakery & confectionary, microwaveable food products, and beverages.

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The medical application segment is further sub-segmented as syringes, catheter packaging film and infusion bags. Further the industrial application segment is sub-segmented into toner containers, ink cartridges and other industrial products. The consumer products is further segmented into air fresheners, deodorizers, washing detergents, wet wipes and other consumer products. Demand of easy peel film packaging from food application segment is anticipated to offer lucrative opportunities to the global easy peel film packaging market in terms of growth prospects.

Moreover, on the basis of material type, the global easy peel film packaging market is segmented into linear low density polyethylene (LDPE), high density polyethylene (HDPE), polyethylene terephthalate (PET) and others. On the basis of packaging type, the global easy peel film packaging is segmented into cups, trays, pouches and other containers.

Easy Peel Film Market: Regional outlook

Easy peel film packaging market has been segmented on the basis of region into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. Among these region, North America and Europe are expected to collectively dominate the market throughout the forecast period. However, many packaging film suppliers and converter companies are investing in Asia Pacific to tap the growing unmet demand and potential, easy peel film packaging offers to packaging film manufacturers in the region.

Furthermore, Asia Pacific is anticipated to witness maximum CAGR over the forecast period primarily driven by China, Japan and India. Latin America and Middle East & Africa are expected to witness sluggish growth and over the forecast period. In Latin America, Brazil and Mexico are expected to create maximum incremental opportunities in terms of revenue for companies involved in easy peel film packaging.

Easy Peel Film Packaging Market: Key players

Some of the key players in the global easy peel film packaging market are J-Film Corporation, Evonik Industries, Mitsui Chemicals, Bemis Company Inc., Shrinath Rotopack Pvt Ltd, Tilak Polypack Pvt Ltd. A majority of easy peel packaging companies are largely headquartered in Europe and North America. However, China and India based packaging film manufacturers are looking to grab most of the opportunity offered in terms of revenue from the global easy peel film packaging market.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (EU5 Countries, Nordic countries, BENELUX, Poland, Russia, Rest of Europe)
APAC (China, India, ASEAN, Australia & New Zealand, Japan)
MEA (GCC Countries, S. Africa, N. Africa)

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North America and Europe High Pressure Processing Equipment Market Outlook 2022-2032 | Exclusive Report by FMI

The U.S. is expected to hold more than three-fourth of the total market value and volume share in the North America high pressure processing equipment market by the end of 2026. The U.S. high pressure processing equipment market is projected to gain more than 400 BPS between 2016 and 2026, expanding at a CAGR of 16.7% over the forecast period.

In its latest report, Future Market Insights (FMI) has identified few of the major trends governing the overall market for high pressure processing equipment (HPPE). In brief, rapid adoption of high pressure processing technique among premium juice manufacturers, automation and technological innovation and growing number of HPP tolling service providers are playing a major role in shaping the market trajectories currently.

According to the report, Hiperbaric S.A a prominent manufacturer of high pressure processing equipment is the current leader in the global market as the company’s hold over the North American region is substantially strong.

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FMI’s Insights on Growth Factors

FMI indicates that the growing demand for processed, packaged and ready-to-eat food products worldwide is encouraging the use of high pressure processing equipment in food and beverage industry.
Growing health concerns and increasing awareness amongst consumers on health benefits from “clean label” food is projected to influence the market growth during 2016 to 2026.
Implementation of stringent regulatory norms pertaining to food safety, especially in North American and West European countries are compelling food processing companies to install efficient HPP equipment in processing plants.

Horizontal Vessels — Leading Arrangements Type Segment

Based on vessel arrangements type, the horizontal vessel is expected to be the predominant segment of the market in terms of value over 2026. Growing demand for horizontal vessel arrangements is expected to make a significant contribution to the overall market growth. Horizontal vessels possess easy loading and unloading operations with a high volume capacity, hence, have a higher preference in the market.

By applications, the meat is the largest segment in the market both in terms of value and volume. Whereas, the juice & beverage segment is anticipated to witness the fastest growth in terms of value during the forecast period.

Based on capacity, demand for above 300 litres vessels or containers is expected to gain traction over the next couple of years. Despite their high cost, above 300 litres vessels segment is projected to register a strong CAGR due to their high holding capacity.

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Based on the regional analysis, the market in North America will continue to lead the pack during the forecast period. In 2016, the region accounted for over 40% share of the market followed by Europe. In addition, both the regions collectively accounted for nearly 75% share of the market in terms of value in 2016. Owing to a substantially high demand for HPP equipment from tolling services providers and their growing application base across various end-use industries, the HPP equipment market is flourishing in the region of North America. In Asia Pacific, particularly China is set to witness a robust adoption of HPP equipment in various industrial domains over the next few years.

Competitive Dashboard

Apart from Hiperbaric S.A, Stansted Fluid Power Ltd, Multivac Group, Bao Tou KeFa High Pressure Technology Co., Ltd, Avure technologies, and Kobe Steel, Ltd., are some of other key players operating in the global market for high pressure processing equipment.

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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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Oil Resistant Packaging Market Share and Growth Factors Impact Analysis 2032

Packaging is becoming a vital constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards an extensive usage of bags. The recent growth in e-commerce is accelerating the demand for intelligent packaging solutions like oil resistant packaging owing to the fact that it is prepared by incorporating cyclodextrin in or adjacent to a film layer of the package to reduce the secretion of oil through the packaging material, and particularly out of the package.

Future Market Insights recent study suggests that the growth of the global oil resistant packaging market is driven by the demand for innovative packaging technologies from various end-user industries to make their products more appealing to consumers.

FMI indicated that the demand for FMCG (Fast-moving Consumer Goods) and the changing eating habits of the consumers towards packed snacks and confectioneries are further boosting the demand for oil resistant packaging market among the manufacturers globally.

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On the plus side, macroeconomic factors such as the rise in disposable income of the middle-class population leading to increased spending on various ready to eat products can be attributed to the growth of the oil resistant packaging market globally.

Research shows great potential of oil resistant packaging that provides all the features for packaging for commodities that produce natural oil or oily in nature.

In addition to this, it also highlights the features such as-

Excellent convenience for carrying and storing products
Increasing output with the same workforce
Resilience and adaptability to business disruptions
Customer experience
Employee experience
Revenue and profit growth
Business model innovation

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Oil Resistant Packaging Market Overview

Packaging has become a vital constituent of modern life due to the ease of transportation, storage and inclination of the consumer towards an extensive usage of bags. Moreover, food products, health supplements, and electronic components are some of the things that have witnessed improvements regarding demand over the last few years and are more readily available due to an efficient packaging solution.

Oil resistant packaging is a effective that provides all the features for packaging for commodities that produces natural oil or oily in nature. The oil resistant packaging is prepared by incorporating cyclodextrin in or adjacent to a film layer of the package to reduce the secretion of oil through the packaging material, and particularly out of the package. Such packaging has been an excellent convenient for the masses for carrying and storing products which are greasy and oily in nature without any mess

Global Oil Resistant Packaging Market: Key Players

Some of the major players identified in the global oil resistant packaging market include Zanders GmbH, Archroma, SNP, Inc., NTI, DuPont, michelman, inc., Sun Grown Packaging, Twin Rivers Paper Company profiling among others.

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Global Oil Resistant Packaging Market: Segmentation

The global oil resistant packaging market is segmented on the basis of oil resistant packaging types, applications and region.

On the basis of oil resistant packaging types, the global oil resistant packaging market is segmented into:

Paper
Bag
Laminations
Boxes

On the basis of applications, the global oil resistant packaging market is segmented into

Packed Snacks
Beverages
Confectioneries
Cosmetics
Pharmaceuticals
Industrial

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Below 30 Hp Centrifugal Water Pump Market Is Expected To Expand At A CAGR Of 5.3% From 2022-2032, Future Market Insights

The below 30 Hp centrifugal water pump market is anticipated to increase, from US$ 37.1 million in 2022 to US$ 68.95 million in 2032. According to FMI, the market is expected to expand at a CAGR of 5.3% over the course of the projected period.

Due to rising energy prices and growing environmental consciousness among end users, the demand for affordable and energy-efficient centrifugal water pumps is predicted to increase over the forecasted period.

The demand for new water sources is expected to increase sales of centrifugal water pumps under 30 HP with the increased capacity and efficiency needed for residential and agricultural applications.

The market is growing primarily as a result of increasing infrastructure and housing construction investments. There is an increasing need for centrifugal water pumps with less than 30 HP because of the expansion of the water supply network and an increase in agriculture initiative operations.

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Below 30Hp centrifugal water pumps are the most used types of pumps in the world due to robust and effective nature. Below 30 Hp centrifugal water pumps find application in various large and small scale industries such as chemicals, construction, waste water treatment and agriculture. On the basis of application type, the market has been segmented into industrial, agriculture and domestic use. The domestic application segment accounted for around 40% revenue share of the overall Egypt below 30Hp centrifugal water pump market in 2014, and is expected to register a CAGR of 4.8% over the forecast period.

Agriculture application is estimated to grow at the fastest CAGR during the forecast period. Every application segment is further sub-segmented into monobloc, mini pump and submersible pump. Submersible pumps are widely preferred for all the above mentioned applications; however, monobloc pumps is expected to register a high CAGR over the forecast period. Submersible centrifugal water pumps are widely preferred in Egypt, and account for over 50% share of the Egypt below 30Hp centrifugal water pumps market.

This report covers trends driving growth of each segment and respective sub-segments and offers pricing analysis and insights for each pump type and their respective capacities. From the capacity perspective, segmentation is done on the basis of horsepower for all three types of pumps. A detailed pricing analysis is done for the same. The 25 to 30 Hp pump in the monobloc and submersible pump category are more preferred, while the 1 to 2 Hp capacity pumps account for over 50% share in the mini centrifugal water pump category.

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Increasing investment in housing construction, infrastructure development, expansion of water supply network and increase in agriculture initiatives are some of the macro-economic drivers for the Egypt below 30Hp centrifugal water pump market. Political instability and price volatility are some of the factors restricting growth of the Egypt below 30Hp centrifugal water pump market. Prices of China-made centrifugal water pumps are relatively lower and this is one of the major concerns for global and regional players operating in this market. Adoption of photovoltaic powered centrifugal water pumps and solar powered centrifugal water pumps is trending in the Egypt below 30Hp centrifugal water pumps market.

Key players in the Egypt below 30Hp centrifugal water pump market include Grundfos, KSB Pumps, Xylem Inc., Wilo, Flowserve Corporation, Calpeda and Omega Engineering Egypt. Egypt centrifugal water pump market is largely dominated by regional and local players, and these collectively account for around 70% share of the total centrifugal water pump market. Grundfos accounts for largest share among all others, followed by KSB Egypt and Wilo.

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Key Players

Major players in the below 30 Hp centrifugal water pump market in Egypt include Grundfos, KSB Pumps Ltd., Xylem Inc., Wilo SE, Flowserve Corporation, Calpeda S.p.A, and Omega Egypt Co. The centrifugal water pump industry in Egypt is largely consolidated, as the regional and local players hold a collective revenue share of 70% of the total centrifugal water pump market in the country. Grundfos accounts for largest share in the centrifugal water pump market, followed by KSB Pumps Egypt and Wilo SE.

Key segments

By Application:

Industrial
Agriculture
Domestic

By Product:

Mini Pumps (0.5-30 HP)
Monobloc Pumps (0.5-30 HP)
Submersible Pumps (0.5-30 HP)

By Capacity:

0.5 Hp (minimum)
30 Hp (maximum)

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific

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Laptop Accessories Market is likely to Cross ~US$ 75.7 Billion by the end of 2032

The Laptop Accessories Market is likely to hold the global market at a moderate CAGR of ~6.7% during the forecast period. The global market holds a forecasted revenue of ~US$ 39.6 Billion in 2022 and is likely to cross ~US$ 75.7 Billion by the end of 2032.

This Laptop Accessories Analysis market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Laptop Accessories Analysis market.

Global Laptop Accessories Market Outlook

The growth in sales of consumer electronics products is fueling at a significant rate due to increasing customers which in turn is fueling the growth of the accessories associated with them. Laptop being a rapidly growing consumer electronics product is positively influencing the growth of laptop accessories market.

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Moreover, short life period of the laptop accessories supports their growth in terms of volume as customers need to buy laptop accessories in an average time period of 3-5 years. On other hand innovation pertaining to laptop accessories are encouraging the customers to purchase the new product which in turn significantly boosts the growth of the market.

Commercial segment including corporate offices, manufacturing industries, and others is expected to hold a significant share in the global laptop accessories market due to increasing use of laptops due to its benefits like portability, light weight and other features. On back of these factors the global laptop accessories market is expected to witness a significant growth during the forecast period.

Global Laptop Accessories Market: Market Dynamics

Drivers for Laptop Accessories Market

Increasing purchasing power in developing countries such as Thailand, Brazil, India, China and others allows the consumers to spend more on their consumer electronics which in turn is increasing sales of the laptop accessories. Increasing number of corporate offices across the globe is significantly boosting the sales of laptop accessories market. Moreover, an increase in urbanization, disposable income and e-commerce penetration are expected to fuel growth of the laptop accessories market in South Asia and East Asia. On other hand, ease in availability of the laptop accessories at department stores is positively influencing growth of the market.

Trends for Laptop Accessories Market

Key players in the marketer are showing increasing focus on increasing the battery storage features, fast charging features in laptop chargers and quality enhancement in other product to increase the sales of products in terms of volume. Company are principally engaged in increasing the sales of laptop accessories by pushing the product through showrooms and campaigns. Increasing company spending on advertisement of the laptop accessories through social media network like Instagram, Facebook and others is expected to attract customers towards laptops accessories which in turn is expected to boost sales of the market during the forecast period.

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Opportunities for Laptop Accessories Market

Due to external factors like technological advancements in Wi-Fi, Bluetooth, Infrared and internal factors like minimization of overall weight of accessories the laptop accessories market is expected to witness a significant growth during the forecast period. Moreover, product innovation with cost-effectiveness is expected to bring a boom in the global laptop accessories market.

Challenges for Laptop Accessories market

The increasing availability of low cost counterfeit products poses a significant challenge to the growth of laptop accessories market in South Asia and East Asia countries such as China, India, Taiwan and Indonesia and others.

Laptop Accessories Market: Regional Outlook

East Asia and South Asia together are expected to hold a prominent share in the global laptop accessories market due to presence of large number of corporate offices in the region. Moreover, high e-commerce penetration in the regions are showing an increasing sales of laptop accessories through residential segment.

Key players in North America and Europe are involved in launching new product with innovative technology to cater the surge of customers. On the other hand, effect of recession in Latin America is hindering the growth of laptop accessories market in the region. Growth of consumer electronics products in UAE due to increasing industrialization is positively influencing growth of laptop accessories market in Middle East & Africa.

Global Laptop Accessories Market: Key Players

Some of the key players operating in the global Laptop Accessories market are Fellowes Brands, Hama GmbH & Co KG., Bourns Inc., Panduit, Sovella Inc., Tripp Lite, Keysight Technologies, Fluke Corporation, Bartec USA LLC and others.

These players are expected to positively influence growth of the Laptop Accessories market during the forecast period. These players are engaged in manufacturing electronics as well as non-electronic laptop accessories with continuous focus on technological innovation and decreasing the cost of the product.

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Global Laptop Accessories Market: Market Segmentation

On the basis of product type the global laptop accessories market has been segmented as

Electronic Laptop Accessories
- Laptop Charger
- Laptop Battery
- Audio accessories.
- Touchpads
- External Hard Drive
- Other Electronic Accessories
Non-Electronic Laptop Accessories
- Laptop Cases
- Laptop Stand and Lap Desk
- Screen Guard
- Other Non-Electronic Accessories

On the basis of price range, the global laptop accessories market has been segmented as

Premium
Mass

On the basis of end-user, the global laptop accessories market has been segmented as

Individual
Professional/ Commercial

On the basis of distribution channel, the global laptop accessories market has been segmented as

Direct
Indirect
- Wholesalers/Distributors
- Hypermarket/Supermarket
- Specialty Stores
- Independent Small Stores
- Online Sales Channel
- Others

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Immersion Heater Market Potential And Niche Segments, Geographical Regions Exhibiting Promising Growth | FMI

Immersion heaters are used to heat various liquid substances such as water, oil, chemicals, and at times to stabilize gas that are stored in reservoirs. Immersion heaters are designed to withstand any virtual condition and can be used either in a pure water tank or under any acidic medium. Immersion heaters are used inside in various liquid storage tanks in several industries and in the pressurization of storage containers. Immersion heaters are specifically used for pressure vessel, tank or a pipe body installation purpose.

Immersion heaters are connected through a cable to their own power supply. An immersion heater is an electric water heater in a hot water tank. The working resembles that of an electric kettle using an electrical resistance heater to heat the water around it. The working benefits of an immersion heater over conventional heaters is estimated to drive the market forward during the stipulated period. The main benefit of having an immersion heater is as a backup supply of hot water.

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Immersion Heater: Market Dynamics

Rapid development of environmentally friendly building projects & smart city construction would fuel the growth of the immersion heater market. The market situation is projected to gain traction by ongoing policy initiatives to install energy-efficient heating equipment to reduce carbon emissions and power consumption. The Department of Energy has urged manufacturers to implement innovative heat building technologies that are rated on standby loss and thermal efficiency.

The government has defined stringent regulations related to the output rates of electrical products. In addition, the increasing demand for hot water in domestic applications coupled with the demand for energy-efficient heating systems in commercial applications are set to increase the demand of the Immersion Heater market.

A challenging factor that could pose threat to the rising immersion heater market is the pertaining high cost of these equipment as compared to the conventional heating systems. Also, it is very important to understand as to which type of immersion heater is suitable for residential or commercial use. Choosing the wrong product might result in several mishaps.

Extreme climatic conditions coupled with increasing consumer inclination towards heating systems with reduced power consumption will open up opportunistic avenues for the rising adoption of immersion heater. The market is expected to grow due to increased demand for quick hot water supply.

Immersion Heater: Regional Outlook

North America and Europe are estimated to hold a dominant share in the global immersion heater market during the forecast period owing to regulatory policies that decrease the nature of low-efficiency and environmentally polluting appliances.

Strict environmental measures related to carbon emissions and strong emphasis on fuel-efficient technology would drive the growth of the UK market in this region. Europe is followed by Asia Pacific in terms of market share of the global immersion heater market due to the rapid adoption of these heaters by residential users.

This may be attributed to surging demand for immersion heaters from manufacturing industries in Asian countries such as India, China, South Korea and Japan. Latin America is projected to witness growth in the immersion heater market adhering to growing focus towards ongoing replacement of conventional heating systems will complement the business outlook.

Energy-efficient systems combined with introduction of environmental-related policies would fuel growth in the developing economies such as India, Brazil, Indonesia, Turkey and Thailand.

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Immersion Heater: Market Participants

Some of the market participants of the global Immersion Heater market are as follows:

NIBE
CIRCOR International, Inc.
Chromalox INC
Headway Electric Heat Components CO. Ltd
Hotset GmbH
Phillips & Temro Industries
Warren Electric Industrial Electric Heaters
Thermal Transfer Systems Inc.
Holroyd Components Ltd
Thermal Corporation
Winkler GmbH
Industrial Heater Corporation
Delta MFG
Friedr. Freek GmbH
Tutco Heating Solutions Group
OMEGA Engg.
Zoppas Industries
Tempco Electric Heating Element Corporation
CCI Thermal Technologies

“The research report on Immersion Heater market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Immersion Heater market report also contains projections using a suitable set of assumptions and methodologies. The research report on Immersion Heater market provides analysis and information according to market segments such as product type, application and distribution channel.

The Immersion Heater market report covers exhaustive analysis on:

Immersion Heater Market Segments
Immersion Heater Market Dynamics
Immersion Heater Market Size
Immersion Heater Supply & Demand
Immersion Heater Current Trends/Issues/Challenges
Immersion Heater Competition & Companies involved
Immersion Heater Technology
Immersion Heater Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Immersion Heater market 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 Immersion Heater market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Immersion Heater market report also maps the qualitative impact of various market factors on market segments and geographies.

Immersion Heater: Market Segmentation

Based on product type, the global immersion heater can be segmented into:

Over the side Immersion Heater
Flanged Immersion Heater
Threaded/Screw Immersion Plug Heater
Oil Immersion Heaters
Screw Plug Immersion Heaters

Based on application, the global immersion heater can be segmented into:

Chemical and Plastics Industry
Pharmaceutical Industry
Automotive Industry
Marine
Oil and Gas
Others

Based on distribution channel, the global immersion heater can be segmented into:

Offline
Online

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Washing Capsules Market is Expected to reach US$ 19.7 Billion by 2032

The Washing Capsules Market is likely to hold the global market at a moderate CAGR of ~9.4% during the forecast period. The global market holds a forecasted revenue of ~US$ 8.03 Billion in 2022 and is likely to cross ~US$ 19.7 Billion by the end of 2032.

The washing capsules are concentrated capsules of liquid or powdered detergents. Manufacturers pre-measure the dosage before putting it into a capsule. Washing capsules are convenient to use. Washing capsules have gained popularity in the past few years owing to their convenience factor.

Companies are also hiring celebrities to endorse their products, which is another factor escalating the growth in demand for washing capsules in the market. Conventional detergents often ruin clothes as there is no way to determine the correct amount of detergent to be put in while washing clothes.

This is precisely why more and more people are inclining towards washing capsules as a solution to this problem. The innovation of new products in the market will also have a positive impact on the growth of the washing capsules market during the forecast period.

Manufacturers of washing capsules are coming up with new products with added benefits, such as pleasing fragrance, recyclable packaging, etc., which, in turn, is propelling the demand for washing capsules in the market.

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Growing consumer awareness about the harmful effects of synthetic ingredients that are used in detergents has pushed the manufacturers of washing capsules to come up with products that use natural-based ingredients.

Growth in FMCG Industry Will Drive the Washing Capsules Market

Escalating penetration of washing machines, expanding female workforce, emergence of easy financing options to buy household electronic products and rising demand for eco-friendly products for laundry care are some of the important factors driving the growth of the global washing capsules market.

Moreover, the swiftly expanding FMCG industry and growing organized sales channels that focus on untapped markets are the other factors anticipated to push the growth of the washing capsules market during the forecast period.

Prominent players in the washing capsules market are adopting innovative ways of marketing their products to influence the buying behavior of consumers. That apart, they are also focusing on continuously launching new washing capsules with innovative features and campaigns for increasing awareness about these products.

All of these factors will complement the growth in demand for washing capsules in the market.

Global Washing Capsules Market: Market Participants

Some of the key market participants identified across the value chain of the global Washing Capsules market are Cot’n Wash, Inc., The Procter & Gamble Company, smol limited, Asda Stores Limited, J Sainsbury plc., The Unilever Group, The Honest Company, Inc. and Ecozone Ltd, among others.

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Opportunities for Washing Capsules Market participants

The global washing capsules market is influenced by the rising penetration of e-commerce and digital marketing platforms as these help marketers to expand their presence in the market. Growing consumer spending on laundry care products is a key factor increasing the demand for washing capsules.

The companies in the washing capsules market are focussed on research and development to innovate new formulas to create unique scents to be included in washing capsules. Innovative packaging has also been a key winning factor for washing capsules manufacturers.

Manufacturers are focusing on creating convenient packaging as well as innovation of recyclable packaging and eco-friend products. All of these factors will boost the growth in demand for washing capsules in the market.

The Washing Capsules market on the basis of region has been segmented as

North America
Latin America
Europe
CIS & Russia
Japan
APEJ
The Middle East & Africa

The report offers a comprehensive evaluation of the washing capsules market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

By doing so, the research report serves as a repository of analysis and information for every facet of the washing capsules market, including but not limited to: regional washing capsules markets, nature, product type packaging & sales channel.

The study is a source of reliable data on

Washing Capsules Market segments and sub-segments
Washing Capsules Market trends and dynamics
Supply and demand
Washing Capsules Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

Washing Capsules Market Segmentation

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study.

By doing so, the report projects the attractiveness of each major segment over the forecast period.

On the basis of nature, the Global Washing Capsules market has been segmented as:

Natural
Conventional

On the basis of product type, the Global Washing Capsules market has been segmented as:

Scented
Unscented

On the basis of packaging type, the Global Washing Capsules market has been segmented as:

Pouches
Tetra packs
Tubs

On the basis of sales channel, the Global Washing Capsules market has been segmented as:

Hypermarkets
Supermarkets
Independent Retailers
Specialty Retail Stores
Online Sales
Company Website
3rd Party Online Sales

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