Important Trends Influencing The Market For Environmental Testing, Inspection, And Certification

The growth of the global environment testing, inspection, and certification market is mainly secured by various macroeconomic and microeconomic factors. With the growing need to deliver product observation with the stringent standards and regulations set up by the government, demand for environmental testing, inspection and certification services continues to rev up in the global market.

Moreover, the surge in consumption of various goods particularly in developing countries has further contributed to the global market growth of environment testing, inspection, and certification.

Growing need to ensure compliance with product quality and safety has led to an upsurge in demand for environment inspection, testing, and certification services. In addition, rising instances of counterfeiting and piracy activities are projected to impact the global market growth of environment testing, inspection, and certification positively.

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What are the Key Trends Driving the Environment Testing, Inspection, and Certification Market?

“Key Regulations by Several Government Regulatory Bodies to Drive the Market Growth”

Energy-intensive production methods are reducing the ability of natural resources by degrading local environments, ultimately contributing to global climate change. To control the degradation of natural resources such as fossil fuels, soil, and air, governments are imposing stringent regulations on products and their manufacturing processes.

In order to ensure the safe execution of the products, manufacturers and leading companies are focusing on complying with the stringent regulations and standards set by the government. This will continue to push the demand for environmental testing, inspection, and certification during the forecast period.

“Increasing Demand for Soil Inspection to Supplement the Market Growth”

Due to growing awareness of sustainable and healthy lifestyles, consumers are expecting high-quality agricultural products. The demand for organic and high-quality agricultural goods has also been boosted due to the COVID epidemic.

Continuous usage of soil often results in decrease in the quality and characteristics of the soil as well as the crops. To address this issue and add particular agrochemicals to soil, various testing and inspection services are being adopted.

Manufacturers are concentrating on soil testing and inspection, which is predicted to boost the market, as manufacturing and import-export of goods are increasing in several countries. Soil testing is estimated to hold a share of about 15.3% in 2022. The service providers have chosen to test their products internationally due to the growing necessity to ensure product safety and high quality.

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The growing need for premium quality and safe products has led to an upsurge in demand for testing the products among organizations and manufacturers globally. Based on product type, the testing segment is projected to witness significant revenue growth, representing more than US$ 1,000 Mn by 2017-end. In contrast, the certification product type segment is projected to register a robust CAGR throughout 2026. On the basis of end-user, the agriculture industry segment is projected to represent the highest revenue growth, accounting for more than US$ 1,000 Mn by 2026-end. However, the industrial product manufacturer product type segment is projected to reflect a healthy CAGR over the forecast period.

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The Market For Pneumatic Actuators Is Expected To Grow At A Rate Of Over 5% CAGR

Through 2031, the market for pneumatic actuators is anticipated to grow at a rate of over 5% CAGR. Pneumatic actuator demand has increased dramatically in recent years due to an increase in applications in a variety of industries, including offshore, transportation, and industrial automation, to name a few. Although the COVID-19 outbreak temporarily slowed the growth of the pneumatic actuator market earlier in 2020, it is anticipated that the market will pick up steam in the following years thanks to the steady recovery of the key application sectors.

The recently revised edition of the report on the ‘pneumatic actuator’ market study by Future Market Insights (FMI) provides a thorough analysis of the global pneumatic actuator market potential, growth & restraining factors while emphasizing the new trends in the leading regions such as North America, Europe, and the Asia Pacific during the forecast period of 2021 to 2031.

According to the report, the United States, Germany, India, China, and a few other countries will emerge lucrative while 20+ countries will maintain a positive market outlook throughout the forecast period.

Pneumatic actuator manufacturers often face difficulties due to high production costs and the complex lifecycle involved during the development stages. Furthermore, operations and maintenance of various pneumatic actuators such as rack and pinion and scotch yoke require additional costs and hence not that economical for small to medium end-use sectors.

Also, the outbreak of the COVID-19 pandemic halted the pneumatic actuator market growth in 2020 due to the shutting down of manufacturing hubs and a decline in key application sectors such as industrial automation, offshore, and transportation, to name a few. The financial crisis and scarcity of labor and raw materials created further long-lasting effects on the manufacturers of pneumatic actuators. However, with the continuous efforts put in by market players and steady recovery in key application sectors, suppliers are expected to overcome these restraints in the foreseeable future.

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How does Future Outlook on Pneumatic Actuator Market Compare with Historical Sales?

Sales of pneumatic actuators increased steadily over the past decade with the increase in demand for rack & pinion and scotch yoke type of pneumatic actuators. Advancements in the manufacturing sector and expansion of key application sectors such as mining, transportation, and others further propelled the growth, apart from a temporary decline in 2020.

According to FMI, the global pneumatic actuator market expanded at over 4% CAGR during the last 5 years from 2016 to 2020.

As the key application sectors are regaining traction and are getting over the effect of the pandemic, the demand for pneumatic actuators is subject to rising again creating ample opportunities for the key players.

Additionally, the surge in demand for double-acting type pneumatic actuators is further bolstering the growth of suppliers. According to FMI, the global pneumatic actuator market is set to ascend at over 5% CAGR through 2031.

How is the Rise in Demand in Transportation Sector Augmenting the Growth of Pneumatic Actuator Suppliers?
Pneumatic actuators are mechanical devices that use compressed air to convert energy into mechanical motion. As it has extensive application in the transportation sector, the recovery in this sector is expected further push the demand-supply graph for pneumatic actuators upward in the coming years.

According to a report, titled “Logistics & Transportation Industry” published by SelectUSA, the logistics & transportation industry is one of the most highly progressive industries in the world. As stated in the report, the United States business logistics costs reached US$ 1.6 Trillion in 2018, representing 8% of the Gross Domestic Product (GDP) in that year, while the Foreign Direct Investment (FDI) in the industry totalled US$ 1.5 Billion. This gives a glimpse of the growing opportunities for pneumatic actuator manufacturers in the transportation sector.

Pneumatic Actuator Market Category-Wise Insights

Which Product Type is Dominating in the Pneumatic Actuator Industry?

Presently, the rack and pinion segment is leading in the global pneumatic actuator market and is expected to exhibit hegemony throughout the forecast period in terms of product type. This type of pneumatic actuator is highly preferred in the transportation sector as it provides with smooth driving experience by converting the rotational motion of the steering wheel into the linear motion needed to turn the wheels. Also, it provides the gear reduction which makes it easier to turn the wheels.

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It is extensively used in applications where an external force is not available to retract the piston or high force is required in both directions of travel.

Which Application Segment is Fuelling the Sales of Pneumatic Actuators?

Presently, the industrial automation segment is mostly fuelling the sales of pneumatic actuators in terms of application. Industrial automation is the use of various automated control systems such as robots, Artificial Intelligence, and others. With the technical and digital advancements, this sector is growing fast. This in turn is surging the demand for pneumatic actuators.

Other key segments in terms of application, which are augmenting the sales are transportation, mining offshore, and others.

Pneumatic Actuator Market Competitive Landscape

The global pneumatic actuators market is highly competitive and thriving on the revenues of the leading players. To capitalize on the new opportunities, key pneumatic actuator market players are launching quality products more frequently.

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The Benelux Power Tool Market Size Is Expected To Grow At A Healthy 3.9% CAGR By 2026.

The Benelux power tool market size was $1,051.6 million in 2021 and is anticipated to reach $1,091.4 million in 2022. In addition, the demand for power tools is expected to grow overall between 2022 and 2032 at a compound annual growth rate of 4.5%, reaching a valuation of US$ 1,694.9 Mn.

Power tools are used in many different ways during the assembly and manufacture of automobiles. In recent years, the Benelux region has seen a significant increase in automobile production. This is a result of the region’s improving economic circumstances and growing urbanisation.

Power tool sales growth in Benelux is influenced by a number of macroeconomic and non-economic variables, including rising housing sector investments in Benelux, rising automotive sales, rising consumer confidence index, emergence of long-lasting and reasonably priced multi-functional power tools, and expanding online retail sales.

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On the basis of mode of operation, electric power tools will continue to remain the highest selling power tools, with 5.8 million units expected to be shipped in 2016, up from 5.7 million units in 2015. On the other hand, pneumatic power tools, also known as air tools, will continue to gain popularity among DIYers, owing to their compact size and relatively lower price.

Demand for power tools will continue to be strong from the construction sector, as Benelux’s housing sector witnesses another year of relative stability. The real estate sector in Benelux wasn’t as severely impacted by the crash of 2007-08, as it did not participate in the ‘bubble’ preceding the crash.

Growth of the Benelux power tools market will also be supported by rising adoption in the Union’s automotive sector. While availability of durable and cost-effective power tools will drive overall demand, the growing DIY trend will ramp up adoption in the consumer segment. Increasing penetration of Chinese products is also expected to play an important role in driving sales in 2016 and beyond.

Netherlands will continue to be the largest market for power tools in Benelux, with total volume expected to reach 5.5 million units in 2016. The Netherlands power tools market is expected to be worth US$ 470.0 million by 2016-end, witnessing a growth rate of 3.7% in 2016 over 2015. Belgium, the second largest market for power tools in Benelux, will witness total sales worth 359.2 million in 2016.

On the basis of end use, the Benelux power tools market has been segmented into industrial power tools and household power tools. In terms of value, the industrial power tools segment has been projected to expand at a CAGR of 4.4% over the forecast period to account for 57.9% value share by 2026 end.

By mode of operation, the market has been segmented into electric power tools, pneumatic power tools and other power tools (including IC engine, steam driven and natural power source driven power tools). The electric power tools segment is expected to create significant growth opportunity over the forecast period.

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Adoption of Benelux Power Tools Market Key Players:

Robert Bosch GmbH, Atlas Copco AB, and Makita Corporation are the key global players in the Benelux power tools market. The key strategy of these players is enhancing product portfolio by manufacturing convenient, high-performance and advanced technology equipment. Metabowerke GmbH, FERM B.V., and Einhell Germany AG are prominent local players in the Benelux power tools market. Strong distribution networks and low cost are the go-to strategies of these players to compete with global players operating in Benelux power tools market.

Adoption of Benelux Power Tools Market Key Segment

By End Use

  • Industrial Power Tools
  • Household Power Tools

By Mode of Operation

  • Electric
  • Pneumatic
  • Others

By Country

  • Belgium
  • Netherlands
  • Luxembourg

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The Market For Ultra Violet (UV) Lamps Is Forecast To Grow At A CAGR Of 11.3%, Per FMI

From 2022 to 2032, the market for ultra violet (UV) lamps is projected to grow at a CAGR of 11.2%, reaching an estimated value of US$ 360.6 Mn in 2021. By 2032, the market is anticipated to be worth US$ 1,123.7 Mn. Mercury-based ultra violet (UV) lamps currently hold a market share of more than 67.3% of all UV lamps worldwide.

In terms of effectiveness, operating costs, and environmental impact, ultraviolet technology is more cost-effective than other disinfectant technologies like ozonation and chlorination processes. The global implementation of strict rules and regulations governing water and wastewater treatment facilities is advancing the market for ultra violet (UV) lamps due to growing concerns about public safety and environmental issues. According to FMI, the market for ultraviolet (UV) lamps is anticipated to account for close to 2% of the world market for water and wastewater treatment equipment in 2022.

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Based on lamp type, the market has been segmented into UV LED and UV mercury lamps, with the latter representing nearly 90% revenue share of the global UV lamp market in 2014; FMI expects this segment to witness a decline of 27 BPS by the end of 2025.

UV mercury lamp segment is categorised into low-pressure, medium- pressure and amalgam mercury lamps. Among these, amalgam mercury lamps dominated the UV mercury lamp segment market, accounting for over 40% of the UV mercury lamp market in 2014.

Based on end-use application, the UV lamps market is segmented into wastewater treatment, water treatment, air treatment, surface treatment and food and beverages disinfection. Revenue contribution by the food and beverages disinfection segment was over 25.1% in 2014, which is projected to increase to 28.2% by the end of 2025, gaining 309 BPS and expanding at a CAGR of 12.5% during the forecast period.

The water treatment segment is categorised into industrial process water treatment, commercial water treatment, residential water treatment, municipal pool and spa, and others. The municipal water treatment sub-segment accounted for the highest revenues in 2014, and this trend is expected to continue through 2025.

Air treatment is further sub-segmented into residential, commercial, healthcare facilities, and others. Among these, residential and commercial sub-segments accounted for the bulk of the revenues in 2014; FMI estimates this segment to retain its dominance throughout the forecast period.

Increasing Municipal Infrastructure Investment Driving Adoption of UV Lamps

The growth of the global UV lamps market is mainly driven by increasing municipal infrastructure investment, safety measures through regulations, increasing industrial development and price performance of UV lamps compared to other conventional treatment methods.

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Asia Pacific Excluding Japan (APEJ) was dominant in the global UV lamps market with over 30% market share in 2014, followed by North America with 24.2% market share. APEJ is projected to remain the largest market for UV lamps over the forecast period, driven by increasing municipal infrastructure investment, industrial development and cost-effective solutions offered by UV lamps when compared to the other conventional treatment methods used in the region.

Some key players identified in the global UV lamps market are Trojan Technologies Inc., Xenex Disinfection Services LLC, Xylem Inc., OSRAM GmbH, Koninklijke Philips N.V., Heraeus Holding Gmbh, Calgon Carbon Corporation, Halma PLC, Severn Trent PLC, and Atlantic Ultraviolet Corporation.

Major UV lamp manufacturers in the market are currently focusing on strengthening their partnerships with major UV disinfection equipment manufacturers. In addition, UV disinfection equipment manufacturers are focusing on providing a broad and customised range of UV solutions to cater to the varying and increasing customer demands.

Key Segments Covered in Ultra Violet (UV) Lamps Industry Analysis

By Lamp Type:
  • UV Mercury Lamp
    • Low-Pressure Mercury UV Lamp
    • Medium-Pressure Mercury UV Lamp
    • Amalgam Mercury UV Lamp
  • UV LEDs
By End-Use Application:
  • Wastewater Treatment
  • Water Treatment
    • Municipal Water Treatment
    • Residential Water Treatment
    • Commercial Water Treatment
    • Industrial Process Water Treatment (Pharmaceutical, Chemical, Others)
    • Pool and Spa
    • Others (Aquaculture and Agriculture)
  • Air Treatment
    • Healthcare Facilities
    • Residential & Commercial
    • Others (Transportation)
  • Surface Disinfection
  • Food & Beverages Disinfection
    • Bottled Water & Other Beverages
    • Marinades & Brines
    • Surface Disinfection of Foods
By Region:
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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Industrial Power Monitoring System Market Is Expected To See a growth of 4.2% | Future Market Insights

Expected to reach US$ 4,318.6 Million by 2022-end, the market for industrial power monitoring systems is likely to flourish at a CAGR of 4.2% from 2022-2032. By the end of the said forecast period, the industrial power monitoring system market is poised to be valued at US$ 6,534.7 Million. The growth is attributed to the increasing emphasis on efficient use of power resources, mounting attention to decreasing costs, and increasing the reliability of electrical infrastructure.

From 2016 to 2021, sales increased significantly at a CAGR of 4%. Manufacturing plants, energy and utilities, mining and metallurgy, and commercial establishments, whether complex or large, require centralised monitoring of energy, power, and control. The industrial power monitoring system assists an industrial enterprise in monitoring power distribution and consumption, as well as achieving energy efficiency through well-planned procedures and methods that aid in overall cost savings.

These savings vary from savings in energy units consumed per hour, maximum demand charges, controlling energy wastages thus enabling better utilization of manpower and avoidance of critical breakdown in the electrical systems, etc.

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Industrial power monitoring systems can manage or remotely control a large network of UPSs across an enterprise, or they can provide power protection to entire infrastructure. It provides near real-time or real-time power condition throughout the industry, monitors UPSs, automatically notifies if a device fails, performs orderly unattended shutdowns, and selectively shuts down non-critical systems. Power Monitoring Systems are commonly found in healthcare facilities, the electronic industry, telecommunications, government, and financial institutions.

Also, can cause malfunction in crucial servers and processes and can damage sensitive components. Industrial Power monitoring systems supports the ability to monitor status of power distribution, backup power system and power quality involved in core operations and utilities.

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Regional Outlook

Western Europe and United states owns a lion’s share in Industrial Power Monitoring systems supported by penalty based environmental regulations and high awareness of economic energy conservation.  Technological modernization of Industrial Sectors in Mid East Africa and Asia Pacific contributes to Industrial power Monitoring System market and has potential to see sizable growth in future as well.

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 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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Industrial Power Monitoring System Market: Dynamics

Global Industrial Power monitoring systems Market has been driven by increasing adoption of voluntary or mandatory energy management systems & widespread environmental regulations against energy wastage. Industrial power monitoring systems ability to communicate and monitor the components of power distribution from anyplace and anytime to avoid these critical loses resulting in high demand of Industrial Power monitoring systems.

Industrial Power monitoring systems are projected to find a high scope of application in some particular sectors like telecommunication (for remote monitoring and notification), healthcare, governmental and financial organization where data is sensitive and require trouble free operations.

Industrial power monitoring systems have gradually gained interest of electronic and manufacturing industries as they help in efficient utilization of power resources, reduce energy costs, and maximizing the reliability of electrical infrastructure; nevertheless, its implementation and adaption arises with barriers and challenges like initial high investment cost,  shortage of skilled resources. Also, hidden cost and longer payback period is hindering the market of Industrial Power Monitoring System.

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Demand For Drum Pump Is Projected To Grow At A CAGR Of 6.2% Between 2022 And 2032 | FMI

In 2022, the global drum pump market is expected to be worth US$ 503.6 million. The increasing adoption of advanced technology for delivering drugs to the target site is expected to drive overall market growth. Drum Pump demand is expected to grow at a CAGR of 6.2% between 2022 and 2032, reaching around 921.0 Million by 2032.

Drum pumps are portable pumps that are specifically designed to allow for the safe and efficient transfer of low-viscosity fluids from one container to another. They eliminate the need to pivot heavy barrels by fitting on the upper openings of containers to allow fluids to pass safely. Drum pumps are available in different materials, models, and tube lengths for different liquids. Different electric drum pumps can be driven by the same motor.

Many industrial fluids are quite heavy if put into a drum. When the liquid is outside the drum, the producer should utilize a drum pump instead of tips to obtain the liquid. Various industries produce high demand for drum pumps, which is likely to increase throughout the forecast period.

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Drum Pump – Market Dynamics

Growth in demand of the drum pump market is expected to raise muscularly for numerous reasons. One of the significant factors contributes towards the growth of the drum pump is growing demand by the various industry including oil, chemical, milk, and lubricant etc. Industries import and export the liquids in the big container rather than the small container for saving the shipping and transportation cost.

For dispensing the liquid from big container industries prefer drum pump, so it drives the drum pump market positively. It allows speedy transfer of liquid without spillage it is another factor which contribute to the growth of the drum pump market. Moreover, drum pump saves considerable time, resources & manpower for dispensing the liquid and allow flow control at outlet through the ball valve, they also participate in the growth of the drum pump market.

The demand of the drum pump market is expected to witness an above average growth due to increase in the demand for drum pump by various industry.Many industrial fluids being very heavy once they are filled into a drum and barrel. Forgetting the liquid outside the drum or barrel manufacturer use drum pump instead of trying to get the liquid by tipping. High demand of the drum pump is generated by the various industries and it is expected to grow during the forecast period.

Drum Pump – Market Segmentation

Globally, the drum pump market can be segmented on the basis of product type, by material and by application. On the basis of product type drum pump market is segmented into Electric driven, Hydraulic, Rotary / Manual pump, Pneumatic, and others. On the basis of material type drum pump market is segmented into plastic and metal. The plastic segment is sub-segmented into Chlorinated Polyvinyl Chloride (CPC), Polypropylene (PP), Polyvinylidene Fluoride (PVDF) and others.

The metal segment is sub-segmented into Stainless steel, cast iron, aluminium, and others. On the basis of application type drum pump market is segmented into Petroleum industry, Chemical plants, Food processing plants, Manufacturing plants, Automotive industry, wastewater treatment, laboratories etc.

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Drum Pump Market – Regional Outlook

The drum pump market can be segmented into North America, Latin America, Europe, Middle East, Africa and Asia Pacific. North America is anticipated to be the largest market for the drum pump market, primarily driven by manufacturer preference towards drum pump which acts as cost-effective and efficient dispenser tools for variety of liquid. Latin America also has a good presence in the drum pump market.

Furthermore, Eastern Europe followed by the Middle East is anticipated to be the second largest marketfor the drum pump. The recent development in the drum pump market has shifted its production base to the east, especially in Asia, the emerging players from China, India and Middle East have started taking the market share in the drum pump industry.

Drum Pump Market – Key Players

Few of the major players identified across the globe in the drum pump market are Fluidyne Instruments Pvt. Ltd., FLUX, Kecol Pumping Systems Ltd,Iwaki Pumps Australia Pty Ltd, JESSBERGER GnbH, Finish Thompson Inc., Lutz Pumps, Inc, NZ Pump Company Inc, Graco etc.

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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Ground And Precipitated Calcium Carbonate Market Share, Size, Trends – 2032 | Solvay S.A., Minerals Technologies Inc.

During the projected period, the global ground and precipitated calcium carbonate market is expected to grow at a CAGR of 5.4%. The market is expected to be worth US$ 24,442.70 million in 2022 and US$ 41,357.6 million by 2032.

During the forecast period, demand for global ground and precipitated calcium carbonate is increasing due to increased plastic and paper product consumption in the packaging sector. Furthermore, increased activity in the rubber industry, building industries, and pharmaceuticals has fueled the global ground and precipitated calcium carbonate market share in recent years.

Two of the prominent types of calcium carbonate that have found significant commercial applications are fine ground calcium carbonate and precipitated calcium carbonate. Derived from calcium carbonate, these compounds find application primarily as mineral fillers for plastics, paints & coatings, rubbers & elastomers among others.

Besides, fine ground calcium carbonate and precipitated calcium carbonate are also used as pigments, processing aids, extenders, and impact modifiers across industries.

Although the two product types serve similar range of applications, there do exist several distinctions among the two that drive the preference for one type over the other for certain specific application areas.

Precipitated calcium carbonate is composed of relatively smaller sized particles, is relatively brighter and also has relatively higher calcium carbonate content as compared to fine ground calcium carbonate.

The two calcium carbonate types are produced either by processing naturally occurring minerals or by synthetic route wherein chemical process is adopted to produce the desired product type.

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Global Ground and Precipitated Calcium Carbonate Market Dynamics

In terms of market volume, global ground and precipitated calcium carbonate market is expected to witness a steady growth, registering a moderate single digit growth compounded annual rate during the forecast period.

This forecast growth in consumption of ground and precipitated calcium carbonate is expected to primarily be attributed to steady growth in demand from end use industries based in Asia Pacific region.

Thus, steady growth of construction sector coupled with forecast steady growth of global automotive production is expected to positively impact the consumption of ground and precipitated calcium carbonate across end use industries.

Moreover, steady growth in demand from plastics and rubber industries is expected to propel the global ground and precipitated calcium carbonate market over the forecast period.

However, relatively sluggish to slow growth of paper industry, major ground and precipitated calcium carbonate consuming industry, across key markets such as Europe and North America is likely to act as an impediment to growth of global ground and precipitated calcium carbonate market during the forecast period.

Also, relatively slower economic growth is expected to restrain the growth of the market in the initial phase of the forecast period.

Global Ground and Precipitated Calcium Carbonate Market: Regional Outlook

Moreover, on the basis of key geographical regions, global ground and precipitated calcium carbonate market has been segmented in to North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, Japan, and Asia Pacific excluding Japan (APEJ).

Among the aforementioned regional markets, consumption of precipitated and ground calcium carbonate is expected to be dominated by APEJ region, spearheaded by China. A steady growth is expected to be registered by ground and precipitated calcium carbonate market in the region during forecast period

Global Ground and Precipitated Calcium Carbonate Market Players

A major share of overall global production capacity for the two compounds is concentrated in Asia Pacific region followed by Europe and relatively lower shares distributed across other parts of the globe.

Some of the key players operating in global ground and precipitated calcium carbonate market include among others,

  • Solvay S.A.
  • Minerals Technologies Inc.
  • Imerys
  • Huber Engineered Materials
  • SCHAEFER KALK GmbH & Co KG
  • Longcliffe Quarries 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, product types and end use industries.

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, S. Africa, N. Africa)

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 Ground and Precipitated Calcium Carbonate Market Segmentation

Depending on type of product, global ground and precipitated calcium carbonate market has been segmented in to following key segments:

  • Ground calcium carbonate
  • Precipitated calcium carbonate

Among the above listed product type segments, fine ground calcium carbonate accounted for a dominant share in overall global ground and precipitated calcium carbonate over the recent past the trend is expected to continue over the forecast period

On the basis of end use industries, global ground and precipitated calcium carbonate market has been segmented in to following key segments:

  • Plastics
  • Rubber
  • Paper
  • Adhesives & Sealants
  • Paint & Coatings
  • Others

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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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Industrial Sodium Chloride Market Size and Forecast to 2032 | Cargill Incorporated, The Dow Chemical Company

The global industrial sodium chloride market is anticipated to be worth US$ 14,513.9 Mn in 2022 and to grow at a 4.2% CAGR between 2022 and 2032.

Sodium chloride, commonly known as salt, occurs in the form of cubic crystals and is used in large quantities across various industrial applications. Most of the sodium chloride globally produced is used in chemical industry, manufacturing and for other industrial applications such as eliminating ice and snow from roads, water softening, stabilizing soils, etc.

Only a small fraction of it goes for food industry, which is omitted from the scope of this report. Significant demand for industrial sodium chloride comes from chlor-alkali industry for its consumption as a primary feedstock in these industries.

The earliest technique used for the production of sodium chloride was the evaporation of seawater by sun-heat, which is majorly suited for hot and dry regions near salty lakes or the ocean.

Sea water is considered as an unlimited source for sodium chloride production, but the differentiation in favorable soil and weather conditions affects its commercial production along the coastline. With a large presence of regional as well as global players, industrial sodium chloride market is estimated to be highly competitive and fragmented.

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Global Industrial Sodium Chloride Market Dynamics

Increasing demand for chlor-alkali, e.g. consumption of chlorine in ethylene dichloride production, etc., is one of the leading factors driving growth of industrial sodium chloride market globally. Low-cost and simplicity of the solar evaporation production process is also one of the major factors affecting growth of this market from the supply side.

The annual demand for industrial sodium chloride is also impacted by business cycles of its end-use industries as well as climatic conditions.

For its bulk use in chemical processing industry, sodium chloride production, in many instances, is vertically integrated with other downstream production such as in case of chlor-alkali industry. Since, sodium chloride is easily available in most regions of the world, large distance trade is expected to be very unlikely due to its lower costs.

Global Industrial Sodium Chloride Market Segmentation

Global industrial sodium chloride market can be segmented on the basis of end-use and production source.

On the basis of end-use, global industrial sodium chloride market is segmented into the oil field, pharmaceutical, water treatment, textile, chemical processing, de-icing, agriculture and other industrial. On the basis of production source, global industrial sodium chloride market is segmented into seawater, rock mines and brine solution.

Global Industrial Sodium Chloride Market: Regional Outlook

On a regional basis, global industrial sodium chloride market is segmented into seven key regions, namely, North America, Latin America, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe and Japan. APEJ, followed by North America, is expected to be the largest market for industrial sodium chloride.

Chemical processing industry is expected to hold disproportionately large shares in the APEJ industrial sodium chloride market. APEJ is also expected to be the fastest growing region in the global industrial sodium chloride market due to high demand growth for chemical processing industry.

Significant demand in North America is expected to come from its application as a deicing agent, which highly depends upon the climatic conditions of the region.

Global Industrial Sodium Chloride Market: Key players

Some of the major players involved in the production of industrial sodium chloride include China National Salt Industry Corporation (CNSIC), Cargill, Incorporated, The Dow Chemical Company, K+S AKTIENGESELLSCHAFT, ICL Fertilizers, The Henrique Lage Salineira do Nordeste, Dominion Salt, Tata Chemicals Ltd., Maldon Crystal Salt Co., Akzo Nobel N.V. and others.

The report covers exhaustive analysis on

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

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Regional analysis includes

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

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.

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.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com

North America Is The Largest Region, Accounting For Nearly 22% Share In Echo Sounders Market In 2022

North America is anticipated to witness significant growth echo sounders market in the coming years. Owing to enhanced spending on warships and submarines, North America accounted for a sizable share of the market in 2019. North America is the largest region, accounting for nearly 22% share in the echo sounders market in 2022.

When compared to other regions, North America dominates the remotely operated vehicle market due to the region’s science and technology brilliance and increased government spending on military and defence services, which are the key factors driving the growth of the echo sounders market. Airmar Technology, Biosonics Inc, Channel Technologies Group, Chesapeake Technology Inc, and Global Dynamix Inc are the major players in the US echo sounder market.

The global echo sounders market is anticipated to be worth US$ 298 million by the end of 2022. During the forecast period of 2022 to 2032, the market is estimated to grow at aCAGR of 3.3%, with a closing value of US$ 412 million. During the historical period 2016-2021, the market increased at a 2.9 percent CAGR.

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Furthermore, a dual-beam technique in the 1970s, permitting direct fish size in-situ through target strength estimation was invented, followed by the development of the first portable split-beam hydro acoustic system for better accuracy and less variable estimation. The global echo sounders market is estimated to grow at a significant CAGR during the forecast period owing to low power consumption, inexpensive tools, and innovations in product development.

Echo Sounders Market: Dynamics Drivers:

Single beam echo sounders provide an inexpensive seabed mapping tool when attached to a recording device and GPS which is expected to enhance the growth of global echo sounders market during the forecast period. Furthermore, technological advancements in multi-beam echo sounders are potentially making them a cost-effective system. Moreover, the requirement for compact systems with low power consumption in autonomous or remotely operated vehicles are expected to augment the echo sounders market over the forecast period.

Restraints:

The speed of sound is directly proportional to density of the water that can be affected by various factors such as turbidity, temperature of water sample, pressure and salinity, and consequently expected to hamper the growth of the global echo sounders market during the forecast period.

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Trends:

With the development of the multi-beam echo sounders systems for offering narrow bandwidths, there is further demand for complementary increase in the number of beams provided to retain full ensonification of the seabed. Furthermore, to provide better control over the application and distribution of soundings, progress in the provision of greater number of soundings has been allied for advancement in beam-forming technology.

Echo Sounders Market: Region-wise Outlook

North America is expected to dominate the global echo sounders market during the forecast period owing to stringent marine regulations and awareness among consumers for better operations. Furthermore, Europe is estimated to witness significant growth rate during the forecast period owing to growing military & defense applications in France, the U.K. and other parts, with growing adoption of advance technologies for better and accurate results. Moreover, Asia Pacific is expected to register substantial growth over the forecast period majorly due to countries such as China, India and ASEAN, which deals with import and export through shipments as their way of business. The Latin America and Middle East & Africa markets are estimated to enhance the growth of the global echo sounders market due to adoption of single as well as multi-beam echo sounders for better safety and results.

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Echo Sounders Market: Participants

Examples of some of the market participants in the global echo sounders market are:

  • Kongsberg Maritime AS
  • Navico
  • Knudsen Engineering Ltd.
  • Teledyne Odom Hydrographic, Inc.
  • CEE HydroSystems
  • FURUNO ELECTRIC CO., LTD.
  • KAIZEN IMPERIAL
  • Fugro
  • Sonar Products Limited
  • Neptune Sonar 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.

Read More: 

https://www.slideshare.net/DeepleshPawar/global-solar-microinverter-market-20222032

https://issuu.com/sonufmi/docs/solar_microinverter_market.docx

https://www.scribd.com/document/601030021/Solar-Microinverter-Market-Share-Size-and-Demand-Concludes-FMI

https://www.mediafire.com/file/t8wbhrcqk0txtrr/Solar+Microinverter+Market.docx/file

https://medium.com/@princepawar085/non-destructive-testing-equipment-market-2016-2026-where-should-participant-focus-to-gain-4e3a4b0f33e

http://community.getvideostream.com/topic/88853/non-destructive-testing-equipment-market-expectations-growth-trends-highlighted-until-2032

Fiber Cement Market: Top trends driving the industry to reach US$ 26.97 Bn

The global fiber cement market is estimated to reach a market value of US$ 17,038 Million in 2022, rising to a market value of US$ 26,970.3 Million by 2022-2032, at a CAGR of 4.7%. Product usage is projected to expand as the requirement to reduce total carbon emissions from the building and construction sector grows. In the historical period 2016-2021, the market for fiber film grew at a CAGR of 3.5%.

Fiber cement is one of the most extensively used and important composite materials, and it is also utilized in the fabrication of façade and roofing goods due to its remarkable physical properties such as high strength and durability.

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Important Questions Answered in the Fiber Cement Market Report

  1. How will the Fiber Cement market expand through 2032?
  2. Which region is the most lucrative in the Fiber Cement market?
  3. What are the recent technological developments in the Fiber Cement market?
  4. What are key challenges and competition threats faced by Fiber Cement market players?
  5. Who are prominent players leading the Fiber Cement market?

Fiber Cement Market: Key Segmentation

Fiber Cement Market by Raw Materials:

  • Silica
  • Portland Cement
  • Cellulosic Fiber
  • Others

Fiber Cement Market by End User:

  • Residential
  • Non-Residential

Fiber Cement Market by Application:

  • Cladding
  • Siding
  • Backer Boards
  • Molding and Trimming
  • Roofing
  • Wall Partitions
  • Others

Fiber Cement Market: Competitive Evaluation

The FMI’s Fiber Cement market report provides a comprehensive analysis on key players operating in the Fiber Cement market. Some of the key players are:

  • Dow Chemical Company
  • Hardie (James) Industries Plc.
  • Imerys SA
  • Elementia SA de CV
  • Building Materials Corporation of America
  • PPG Industries Incorporated
  • Akzo Nobel NV
  • Canfor Corporation
  • Ecolab Incorporated
  • Central Fiber LLC
  • Mercer International Incorporated
  • US Silica Holdings Incorporated

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

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Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Fiber Cement market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Fiber Cement market

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.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com