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The global combi ovens market review to grow with a year-on-year value growth of 10.2% in 2022 reaching a value of about US$ 1,996.9 Mn by 2022 end. Combi ovens are available for Convection, steaming, and combination cooking. The combination mode employs both dry heat and steam to maintain precise humidity levels in the food, allowing for more control over moisture levels.

The rising demand for combi ovens has compelled manufacturers to approach the market with heavy and medium capacity combi ovens in order to serve hotels, institutions, and commercial kitchens.

In a bid to maintain the combi ovens market sustainability amidst increasing competition, Tier 1 players are engaged in expanding manufacturing capacities and strengthening regional presence. For instance, Electrolux, in 2017, acquired Continental Brand in Latin America with an aim to strengthen Electrolux’s growth in the Latin America region.

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The growing demand from the foodservice industry and the need for more productive cooking methods are expected to be the core drivers for the global combi ovens market in the coming years. With the growth in economy and increment in the disposable income of people, people now endeavour to spend more on items that can fulfil their desires such as a luxury car, an apartment, or on the food and beverages they desire to eat or drink.

Humans are inquisitive in nature, and have the tendency to explore new things and new varieties of food to taste, which has thus pushed culinary specialists or chefs to come up with new types of cooking methods. Combi oven is best for cooking meat owing to the reason that the heat in the chamber does the majority of the cooking and the moisture in the oven prevents the meat from drying out and also increases its consumable life.

Combi ovens are a perfect alternative for cooks when they are in the need to serve food in quick service restaurants or serve bulk orders. In this way, combi ovens are in great demand in inns, hotels, restaurants, eateries, and at other food outlets. The development of the foodservice sector across the globe is expected to bode well for the progression of the global combi ovens market.

Key Market Players

Key market participants are focusing on enhancement of their medium-term expansion strategy, product portfolio strategy, and mergers with regional distributors to expand their business. The players operating in the market are Alto-Shaam Inc., Electrolux AB, Fujimak Corporation, The Middleby Corporation, Retigo S.R.O, and Dover Corporation, among others.

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Global Combi Ovens Market by Category

By Product Type, the Global Combi Ovens Market is segmented as:

• Steam Generated
• Boilerless

By Power Unit, the Global Combi Ovens Market is segmented as:

• Gas
• Electric

By Capacity, the Global Combi Ovens Market is segmented as:

• Low
• Medium
• Heavy

By End-use, the Global Combi Ovens Market is segmented as:

• Hotels & Restaurants
• Bakery Stores
• Retail Outlets
• Domestic & Institutional
• Commercial Kitchens

By Region, the Global Combi Ovens Market is segmented as:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East & Africa

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The global market for extruders and compounding machines is expected to grow at a moderate value CAGR of 4.7% during the period of forecast, 2022-2027. The global extruders and compounding machines market review was valued at around US$ 11 Bn in 2022 and is estimated to reach a valuation of more than US$ 18 Bn by the end of the year of assessment (2027).

An in-depth market segmentation is carried out that explores every angle of the market with which relevant acumen can be obtained. A forecast analysis for a period of 10 years has been drawn that can support the reader in slating future moves.

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Global Extruders and Compounding Machines Market: Dynamics Impacting Growth

Increase in the demand for plastics across several regions in the globe, integration if IIoT in the field of compounding and extrusion, increasing threshold in cable manufacturing sector, increased use of extruders and compounding machines in small and medium scale industries, rising food and beverage sector across the globe especially in emerging economies, increasing trade policies supporting the market’s growth, and increasing demand from construction, consumer goods and packaging industries have supported the growth of the global extruders and compounding machines market. Factors such as strict government regulations on using non-green machines, problems associated with BREXIT and stringent regulations on plastic products have posed restraints to the market’s growth.

Global Extruders and Compounding Machines Market: Key Segmental Outlook

The global extruders and compounding machines market is segmented on the basis of product type, application, end use industry and region.

• By product type, the adoption of twin screw is expected to dramatically rise in the coming years. This makes the twin screw segment highly attractive and it is projected to grow at the fastest rate to reach a high valuation by the end of the forecast period
• In the application category, speciality plastics segment is estimated to reflect a higher valuation than other application segments thus leading the global market. Moreover, the master batch production segment is projected to grow at a significant pace in the coming years
• By end use industry, plastics industry segment and food and beverage segment have largely contributed to the growth of the global extruders and compounding machines market. Plastics industry segment leads the way
• In the region category, Asia Pacific excluding Japan (APEJ) is anticipated to radiate high market attractiveness. The extruders and compounding machines market in APEJ region is the largest with a significant market valuation and is projected to expand at a high value CAGR of 5.7% throughout the period of forecast

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Global Extruders and Compounding Machines Market: Competitive Landscape

The global extruders and compounding machines market research report has included key player analysis covering several facets such as financials, developments, expansion strategies and product portfolios of key companies dealing with extruders and compounding machines. Key companies such as Toshiba Machine Co., Ltd., The Japan Steel Works Ltd., Coperion GmbH, Battenfeld-Cincinnati, NFM Welding Engineers, Inc., Clextral S.A.S., KraussMaffei Berstorff GmbH, Leistritz AG, Davis-Standard, LLC, Theysohn Extrusionstechnik GmbH, Everplast Machinery Co., Ltd., Breyer GmbH, Rajoo Engineers Limited, Gneuss Kunststofftechnik GmbH, Cheng-Hua Machinery Co., Ltd., Kabra Extrusion Technik Ltd., and SML Maschinengesellschaft mbH are covered in this research study.

Extruders and Compounding Machines Market by Category

By Product Type:

• Single Screw
• Twin Screw
• Ram Extruders

By Application:

• Speciality Plastics
• PVC Cable
• Master Batch Production
• Flooring Sheet
• Others

By End Use Industry:

• Food Industry
• Chemical Industry
• Plastic Industry
• Medical/Pharmaceutical
• Others

By Region:

• North America
• Latin America
• Europe
• Asia Pacific Excluding Japan (APEJ)
• Middle East & Africa (MEA)
• Japan

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The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2021 and market forecast for 2022 – 2029. The study observes the odour control system market demand and offers detailed perceptions for the forecast period of 2022-2029.

According to the analysis and study done in the report, the global odour control system market is anticipated to observe prominent progress, due to increasing adoption in the chemical industry.

The odour control system market is estimated to be valued at ~ US$ 1 Bn in 2022, and is projected to increase by ~ 5% CAGR during the forecast period of 2022 – 2029.

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The odour control system market has a high potential to grow in regions such as Asia Pacific Excluding Japan (APEJ) and North America. Significant innovations with incorporation of advanced technologies meeting regulations are expected to emerge as a product differentiator in the odour control system market.

Installation of hybrid odor control systems and demand for advanced and cost-effective odour control system from various industrial and government entities have increased significantly. This growing demand for progressive products generates pressure on manufacturers to deliver technologically-advanced and unique product offerings.

Thus, technological advancements have led to noteworthy investment in research and development by manufacturers. Manufacturers in the odour control system market are constantly focusing on developing unique technologies, which help them differentiate their products and earn a competitive edge.

Odour control systems play a crucial role in wastewater and solid waste treatment facilities. Individual odour control systems can be installed at various locations in a single wastewater treatment facilities, or a centralize system could be installed for low capacity plants.

Increasing investment for the effective and efficient waste management, establishment of new plants and capacity increase of existing facilities, and also  growing intolerance towards odours, are factors expected to increase the demand for odour control systems in near future.

Japan to Provide Noteworthy Growth Opportunities for Manufacturers

The ongoing technological advancements and progression in investment for the storm water management projects and wastewater treatment facilities are expected to grow significantly over the forecast period. Odour control system manufacturers are focusing more on improving their market structures and offerings in the region.

Emphasis on trade balance and increasing production by strengthening the manufacturing sector is currently the prime motive of the government in Japan. Also, the adoption of ‘best available technique’ is prominent in the country, which is likely to propel the demand for advanced odour control system.

Japan has large installed base of odour control systems which are likely to get regular up gradation and replacements. Considering the average life of the odour control systems and the install base, the market in Japan is estimated to surge in next few years.

For the global odour control system manufacturers, Japan is projected to be a prominent market throughout the forecast period, owing to the increasing consumption and production of odour control systems across several industries.

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Chemical & Petrochemical Industry to Capture Prominent Share

The division of the global odour control system market has been done on the basis of application, along with six regions.

• High application potential of odour control system is identified in chemical & petrochemical industry. These industries produce odorous compounds such as hydrogen sulfide, ammonia,mercaptansand several others.The air contains odorant molecules, which must be treated to avoid corrosion and to comply with environment regulations, hence mandating the use of odour control systems in chemical & petrochemical industries.
• Waste treatment and disposal plants are a major source of odour emission. The effluents and vapors coming from these sources are of different and unpredictable composition. Hence, it becomes a necessity to install a combination of odour controls systems at these locations, thereby potentially influencing the market growth.

Odour Control System Market: Vendor Insights

The global odour control system report emphasizes on some of the principal industry players. Some of the key players include Babcock & Wilcox Enterprises, Inc., CECO Environmental., Anguil Environmental Systems, Inc., Evoqua Water Technologies LLC, Scotmas Limited, Ecolab Inc., Tholander Ablufttechnik GmbH,among others.

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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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The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market.

According to the report, several key drivers are expected to fuel the growth of the global water treatment market during the forecast period. The notable driving forces include, growing awareness of the hazardous effects of impure water consumption, steady surge in demand for fresh water, adoption of water treatment systems, and demand for quality water from the domestic and industrial sector.

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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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The global dredging market is expected to expand at a 3.7 percent CAGR, reaching a valuation of more than US$ 22.3 billion by 2032. Rising demand for gulf coast restoration efforts is expected to help the dredging market. Dredging service providers are increasing efficiency and productivity by implementing dredger monitoring systems and upgrading their equipment.

Rising government investments in dredging activities in emerging economies will generate market growth prospects in the future years. Various governments in emerging and developed countries are investing in dredged harbours, channels, and waterways in a timely and cost-effective manner to satisfy environmental protection, restoration, and improvement goals.

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Furthermore, increased economic activity, urban development projects, and coastline protection activities are fueling global demand for dredging services. Manufacturers are adopting new and inventive service techniques while adhering to pollution control regulations.

Dredging activities are now being employed to obtain high-quality mineral sources that are economically unattainable through conventional mining due to equipment upgrades.

Companies that provide dredging services for port and dockyard development are expanding their offering to include suction dredging for rivers and smaller waterways. Such advancements are expected to augur well for market growth throughout the predicted period.

“Technology advancement in dredging service, led by the adoption of dredger monitoring systems and equipment upgrades to boost efficiency and productivity, will continue to fuel market expansion throughout the projection period,” an FMI analyst states.

Key Takeaways:

• The government segment is expected to account for 43.6 percent of the total market share in 2022.
• The energy infrastructure industry is predicted to increase by 4.6 percent year on year in 2022, according to application.
• The dredging market in the United States is expected to grow at a 2.1 percent CAGR, reaching a worth of US$ 1.5 billion by 2032.
• India will emerge as a profitable market, with sales increasing at a CAGR of 3.4 percent through 2032.
• In 2022, total sales in the China market will account for 25% of the East Asia dredging market.
• East Asia is predicted to hold a commanding 32.9 percent share of the worldwide dredging industry by 2032.

Competitive Landscape 

The global dredging market is highly concentrated among Tier I, Tier II, and Tier III companies. On a value basis, the market’s top firms control 50 to 55 percent of the market.

China Communications Construction Company Limited, Royal Boskalis Westminster N.V, Dredging, Environmental and Marine Engineering NV (DEME), Van Oord, Great Lakes Dredge & Dock Corporation, Royal IHC, National Marine Dredging Company, and others are among the world’s largest dredging businesses.

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Key Segments Covered in Dredging Market Analysis

Customer Type:

• Government
• O&G Companies
• Mining Companies
• Renewables
• Others

Application:

• Trade Activity
• Trade Maintenance
• Energy Infrastructure
• Urban Development
• Coastal Protection
• Leisure

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia and Pacific
• Middle East & Africa

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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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Pallet pooling Market Review is the practice of renting or leasing pallets from a shared pool. This reduces the costs related to transportation and supply chain management. Owning and maintaining an inventory of pallets can be expensive for companies. Hence pallet pooling is a good cost reducing opportunity.

Wooden pallet pooling contributes to almost 90% of the global pallet pooling due to their cost efficiency over plastic pallets. However, demand for washable, hygienic and insect-free pallets are also driving demand for plastic pallets. Pooling pallets reduces the pressure of expenditure by eliminating huge payments of pallet procurement making it a cost efficient approach for sourcing pallets.

With centrifugal pumps having a high volume-high growth market, compared to positive displacement pumps Market Overview, their superior performance characteristics and extended scope of end-use applications makes them a preferred choice for pumping purposes. In terms of product costs, centrifugal pumps are relatively inexpensive as compared to positive displacement pumps. A latest report published by Future Market Insights also projects that in the years to come, the global sales of positive displacement pumps will be relatively less than that of centrifugal pumps.

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According to the report projections, nearly 3 million positive displacement pumps were sold in the world in 2016. By the end of 2026, global sales of positive displacement pumps are expected to surpass 4.2 million units, registering a moderate growth at 3.3% CAGR. During the same forecast period, the report anticipates the global positive displacement pump market, which is presently valued at US$ 2,212.5 Mn, to soar at 4.2% CAGR and bring in close to US$ 3,500 Mn in revenues. The report has profiled companies such as – Dover Corporation, KSB AG, Flowserve Corporation, Sulzer AG, Ebara Corporation, Xylem Inc., Ruhrpumpen Group, Grundfos, The Weir Group PLC, and WILO SE – as leading manufacturers of positive displacement pumps in the world.

Future Market Insights’ report on global positive displacement pump market also observes the market’s saturation in conventional end-use industries as one of its major growth restraint. Pumps designed for high efficiency are expected to garner great demand, hindering the sales of positive displacement pumps due to low product replacement rate amongst end-users. The marginal decline of pump sales caused by this is lowering the outcomes from OEMs and aftermarket sales channels.

Moreover, moderate growth in conventional end-use industries such as chemicals, food & beverages, mining etc. has generated insignificant demand for positive displacement pumps. Nevertheless, growing water & wastewater treatment sectors in various parts of the world, expansion of power generation industry, favourable government directives, and sustaining demand for pumps in oil & gas industry are factors compiled the report as key drivers for growth of global positive displacement pumps market.

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Key Highlights of the Report include

Demand for rotary pumps is projected to remain considerably lower than reciprocating positive displacement pumps, as the latter will procure over 70% stake on global revenues through 2026
Among reciprocating pumps, demand for low-capacity and medium-capacity pumps will remain high, exhibiting growth at 4.5% CAGR and above
In 2016, the global market for positive displacement pumps recorded global sales of over 630,000 low-capacity rotary pumps
Throughout the forecast period, oil & gas will remain the largest application of positive displacement pumps, procuring nearly US$ 830 Mn in revenues by 2026-end
Application of positive displacement pumps in water and wastewater treatment plants will also be considered lucrative growth opportunity in the years to come
With a little over 23%, North America’s positive displacement pumps market will be among the leading regional markets in the world
Europe will also be at the forefront, but the region’s share on global revenues will wane towards the latter half of the forecast period
Asia-Pacific excluding Japan (APEJ) region is being projected as the largest market for positive displacement pumps, procuring over 26% share on global market value and registering fastest revenue growth at 4.7% CAGR during the forecast period

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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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