Sake and Plum Wine Market Insights, Deep Analysis of Key Vendor in the Industry 2030

Exports of sake and plum wine from Japan to various countries in Southeast Asia as well as in Western Asia have risen significantly in recent years. Plum wine is a popular Japanese alcoholic beverage that is prepared by soaking alcohol and sugar in unripe fruit solution. Multiple plum wine varieties are available with whole ume fruits in the bottle, and are easily prepared at home. Plum wine is served at different temperatures such as chilled, room temperature, or even warm in the winter. The delicious taste of plum wine is imparted by the presence of citric acid in the fruit.

Besides, plum wine contains acids which are succinic and malic. Sake wine is also a Japanese alcoholic beverage made from fermented rice, thus in some countries it is called and considered rice wine. Certain ingredients needed for sake preparation include yeast, water and Koji-kin.

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The Sake wine and plum wine market in Japan have witnessed decline in recent years. The global market is projected to gain market share in the coming years due to a growing awareness among consumers of sake and plum wine and its increased availability in restaurants and shops.

Increase in Export of Sake and Plum Wine Across High Potential Countries, Where Demand for the Product is Growing Rapidly

Sake and plum wine are no longer just a Japanese treat, but it’s made its way into foreign countries like China, the U.S., South East Asia and others. Shrinking Japanese market has resulted in increased exports of sake and plum wine, especially premium-grade wine to countries where people like to pair the drink with food.

The Sake and plum wine of sales to North America has increased several times over the past couple of years, and some of the main contributors to it are exceptional sensory characteristics of drinking and high propensity of states citizens towards traditionally styled drinks.

Significant growth in the number of Japanese restaurants across foreign countries is another major contributor to the growth of global sake and plum wine market. Food service industry is also one of the important factors, which driving the growth of the global sake and plum wine market.

In addition, continued efforts by plum wine producers to reinforce distribution channels and expand purchase channels such as online stores & convenience stores are expected to boost market growth. Increased penetration by global manufacturers in emerging economies such as India and China is also expected to provide significant opportunities for market growth due to changes in lifestyle and consumer habits.

Sake and Plum Wine Market: Key Players

Some of the prominent players driving the growth of sake and plum wine market globally includes,

  • Choya Umeshu
  • Suntory
  • Uisuki
  • Umenoyado
  • Takara Holdings Inc.
  • Ozeki Sake
  • Asahishuzo Co. Ltd.
  • Kanpai Landon Craft Sake
  • Blue Current Brewery
  • Sun Masamune Pty Ltd.

A couple of key players primarily focus on baseline expansion strategy to remain dominant in the regional market, as well as making plenty of the profit. Another main market participant strategy is to increase the product line for consumers of a wide variety of sake and plum wine varieties.

Sake and Plum Wine Market: Regional Analysis

The Sake and plum wine market are undergoing intense restructuring in Japan, while competition for sake and plum wine is increasing significantly in the other countries and key players are implementing creative marketing strategies for selling their goods. Key players in Japan are supporting product reshaping by increasing the percentage of alcohol.

Europe is projected to grow at a significant rate due to increased product demand in countries such as Germany, the United Kingdom, France and others. The UK & Germany are emerging as a significant sake and plum wine export destination.

There has also been a growing trend of start-ups of small sake and plum breweries of Europe with a rise in imports of sake and plum wine, which is expected to drive the Europe sake and plum wine market growth. The research report presents a comprehensive assessment of the sake and plum wine 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 product type, category, packaging, price range, distribution channel & region.

The report covers exhaustive analysis on

  • Sake and plum wine market Segment
  • Sake and plum wine market Dynamics
  • Sake and plum wine market Size
  • Sake and plum wine Supply and Demand
  • Current Trends/Issues/Challenges pertaining to sake and plum wine market
  • Competition Landscape and Emerging Market Participants sake and plum wine market
  • Technology related to Production/Processing of sake and plum wine
  • Value Chain Analysis of the sake and plum wine market

Regional analysis includes

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

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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Sake and Plum Wine: Market Segmentation

Product Type

  • Sake Wine
  • Ordinary Sake
  • Junmai
  • Honjozo
  • Junmai Ginjo
  • Ginjo
  • Junmai Daiginjo
  • Plum Wine
  • Brandy
  • Citrus Fruit
  • Sparking Rose
  • Honey
  • Others

By Category

  • Alcoholic Wine
  • Non-Alcoholic Wine

 By Packaging

  • Bottles
  • Cans

Price Range

  • Economical
  • Premium

By Distribution Channel

  • Liquor Stores
  • Convenience Stores
  • Supermarkets
  • Online Stores
  • Restaurants & Bars
  • Travel Retail
  • Tasting Rooms

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Appendage Management Market to Achieve A High CAGR Of 6.6% During Forecast Period – 2028

Providing a detailed assessment of the potential opportunities in atrial fibrillation treatment, Future Market Insights’ recent analysis of the global demand for appendage management showcases a promising future for mechanical appendage closure devices. FMI offers a 10-year assessment, 2022-2028, of the global appendage management market growth, combined with an analysis of the key market influencers.

“Atrial fibrillation, being one of the most complex condition—increases as the life expectancy increases. Moreover, high mortality and morbidity rates associated with atrial fibrillation, considering the occurrence of embolic events including stroke, is a key major contributing significantly to the appendage management landscape—projected to represent a robust Y-o-Y growth rate of 6.3 percent through 2019, reaching a valuation of approximately US$ 196.2 Million for the same period” predicts a senior healthcare analyst

Key Insights on Competitive Landscape Analysis of Global Appendage Management Market

As per the FMI analysis, given the high revenue contribution by top five players—including Boston Scientific Corporation, AtriCure, Inc., Abbott Laboratories, Cardia, Inc., and Medtronic plc—holding an accumulative revenue share of nearly 89 percent, the global appendage management market showcases a highly consolidated landscape. FMI’s research also indicates that smaller players, contribute approximately 11.5 percent revenue share to the global appendage management market. A much more careful competitive landscape analysis of the global appendage management market reveals a 3-tier segmentation—depending upon the growth stage of various companies.

  • With reach wide enough in North America, Boston Scientific Corporation and AtriCure, Inc. are the clear market leaders—for endocardial and epicardial left atrial closure devices, respectively. With an accumulative share of approximately 57 percent in the appendage management market, Boston Scientific Corporation’s WATCHMAN and AtriCure, Inc.’s products are in direct competition. However, WATCHMAN is most widely implanted and trusted—boasting FDA approval and CE Mark
  • Mid-stage growth companies including Abbott Laboratories and Cardia, Inc have pulled away from the top two players, in the last few years—holding approximately 32 percent market share. These companies, however, have an expansive range of product offerings. Holding nearly 14 percent in terms of revenue, Abbott Laboratories is upping its portfolio of upper and lower extremities along with popularization of the product with good clinical trial results.

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  • The emerging players, including SentreHEART, Inc., LifeTech Scientific Co., Ltd, Occlutech International AB, and Johnson & Johnson Services, Inc. are more focused on product innovation and differentiation within certain treatment niches, to build a strong market position in the consolidated appendage management landscape. In spite of a miniscule market share, FMI foresees notable potential of their research and development initiatives in the long run.

In terms of overall forward market strategies, key companies are projected to focus on innovating easily implantable, life-saving products for patients suffering from atrial fibrillation, thereby, eliminating the side-effects caused by drugs taken to treat atrial fibrillation. Innovative devices and better navigation and visualization technologies are expected to bring significant opportunities—translating into increased adoption of Left Atrial Appendage (LAA) closure devices by catheterization laboratories and hospitals.

Moreover, mergers and acquisitions will remain a key expansion strategy among players in appendage management market. FMI indicates that acquisitions in the global appendage management market would prove beneficial for the key leaders considering the increasing number of promising on-going or successful researches by emerging companies. Already in a dominant position, key players are increasingly focusing in strengthening the supply chain and distribution networks through strategic partnerships to maximize their market share.

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Bonus: Key Market Influencers

  • Notable success rate of appendage management procedures.
  • Non-surgical, minimal invasion approach helping in fast recovery and reduced surgical and implantation complications.
  • Drawback of oral anticoagulant drugs to push the demand for appendage management procedures.

Appendage management market by Category By Product Type

  • Epicardial LAA Closure Devices
  • Endocardial LAA Closure Device

By End User

  • Hospitals
  • Cath Labs

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Industrial Steam Turbines Market Expectations & Growth Trends Highlighted Until 2027

Steam turbine is nothing but a mechanical device which extracts thermal energy from pressurized steam and converts it into rotary motion. The three main types of steam turbine include steam cycle, combined cycle and cogeneration. They are further categorized on the basis of the rated capacity. On the basis of exhaust type the steam turbines are mainly classified into condensing industrail steam turbines and non-condensing steam turbines.

Condensing steam turbines are widely used due to higher efficiency and their ability to generate more output at a comparatively lower operational cost.

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On the basis of application steam turbine for power generation is segmented into coal, biomass, nuclear and others. Coal fired steam turbine is expected to dominate the steam turbine market.

This can be attributed to sufficient availability of affordable coal across the globe. Growing environmental concerns is forcing developed countries to move away from coal but this transition is expected to be slow over the forecast period.

Global Steam Turbine for Power Generation Market: Participants

Examples of some of the market participants in the global steam turbine for power generation market identified across the value chain include:

  • Alstom SA.
  • Siemens AG
  • Toshiba Corporation
  • General Electric Company
  • Mitsubishi Hitachi Power Systems, Ltd.
  • Eliott Group
  • Shanghai Electric Group Co. Ltd.
  • Dongfang Electric Corporation Limited
  • Harbin Electric International Company Limited
  • Bharat Heavy Electricals Limited
  • Fuji Electric Co., Ltd.
  • Man Diesel & Turbo SE
  • Doosan Skoda Power

Global Steam Turbine for Power Generation Market: Drivers and Restraints

The steam turbine for power generation market is heavily reliant on power generation and transmission industry. Increasing demand for uninterrupted power from developing countries such as China and India is a major driver for steam turbine for power generation market. The global steam turbine for power generation market is projected to grow at a high growth rate amid growing industrial, commercial and residential activities.

Thermal capacity addition is rising every year with constantly increasing electricity consumption. Growth in renewable energy market particularly in biomass is another factor driving the demand for steam turbines. Frequent power cuts, blackouts, and load shedding have contributed to the increased demand for steam turbines for power generation.

Increase in combined cycle and co-generation operations are expected to propel the growth of steam turbine for power generation market all around the world.

European Union has changed the regulatory policy and put restrictions on the installation of fossil-fuel fired power plants. This could be a major restraint in steam turbine for power generation market. Also, slowing down of new nuclear plants can further hamper the growth of steam turbine for power generation market.

The quantity of old or aged power plants is significant all over the world and this could be a good opportunity for steam turbine manufacturers. Whereas, maintaining boiler efficiency and steam quality could be a challenge for them.

Global Steam Turbine for Power Generation Market: Region Wise Outlook

As of 2015, APEJ leads the global Steam Turbine for Power Generation Market, owing to rapid industrialisation and aggressive expansion of manufacturing sector.

The demand supply gap in power generation is expected to fuel the growth of steam turbine for power generation market. North America and Eastern Europe, are another prominent markets in terms of rising demand for steam turbines. Countries such as the U.S, Germany, U.K, France and Canada have significant market shares. Middle East, Latin America and Africa are expected to have decent shares and are expected to expand with significant CAGR over the forecast period.

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 geography, technology and applications.

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The report covers exhaustive analysis on

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

Regional analysis includes

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

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 Steam Turbine for Power Generation Market: Segmentation

On the basis of type, the global steam turbine for power generation market can be segmented as:

  • Steam Cycle
  • Combined Cycle
  • Cogeneration

On the basis of rated capacity, the global steam turbine for power generation market can be segmented as:

  • 1-120 Mw
  • 121-350 Mw
  • 351-750 Mw
  • Above 350 Mw

On the basis of exhaust type, the global steam turbine for power generation market can be segmented as:

  • Condensing
  • Non-condensing

On the basis of application, the global steam turbine for power generation market can be segmented as:

  • Coal
  • Biomass
  • Nuclear
  • Others

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 Steam Turbine For Power Generation market
Reliable information on new product launches, technological advancements, and more
Valuable insights on the impact of regulatory framework on the Steam Turbine For Power Generation market

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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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Immersion Cooling Market is Anticipated to have an Adequate CAGR of 21.5% During the Period of 2022-2032

The immersion cooling market is forecasted to grow from US$ 0.3 Bn in 2022 to US$ 2.1 Bn in 2032 and exhibiting a remarkable 21.5% CAGR during the forecast period.

Immersion cooling is likely to be driven by increasing server rack density and chip density, new use cases such as hazardous edge computing settings, and demand to reduce energy consumption during data center cooling.

Over the projection period, the demand for immersion cooling is likely to be driven by data centers’ increasing desire for cost- and energy-efficient cooling solutions. Because of the proliferation of the Internet of Things (IoT) and Artificial Intelligence (AI), businesses are dealing with massive amounts of data that require higher density IT gear to perform at an enterprise level.

Existing data centers are unable to adapt to new types of workloads, which has fueled demand for immersion cooling data centers, which consume less power and take up less space. Data centers in the United States are increasingly migrating to public and private cloud platforms, which is expected to positively impact the immersion cooling market adoption trends.

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Moving to the cloud has various advantages, including increased scalability and elasticity, lower total operational expenses, and lower capital expenditure. Furthermore, the increasing volume of data transmission and the rise of big data has heightened the significance of safe data centers and immersion cooling.

As a result of such activities, the usage of IoT devices is predicted to increase, which is projected to increase the demand for immersion cooling systems. Data centers have traditionally relied on air cooling technologies.

Energy consumption rises when data center facilities install more technology to meet expanding needs, resulting in higher operational expenses. Rising energy consumption improves power usage effectiveness, which is a key component in determining data center energy efficiency.

As computers are meant to perform demanding computations become more powerful, air-based cooling solutions struggle to keep up with the heat created by these chips. Immersion cooling systems are a viable alternative since they require less hardware, lowering operating costs and lowering energy use.

As per the global immersion cooling market study by Future Market Insights, the lack of rules and regulatory requirements for immersion cooling is a significant barrier to its widespread adoption.

Standardization is recommended in non-homogeneous computational environments because standardized products are interchangeable. Because proprietary systems that are incompatible constitute a market barrier, specifications and standards must be developed to enable the global deployment of immersion cooling for data center equipment.

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Key Takeaways

  • In the immersion cooling market, the cryptocurrency mining application is predicted to develop at the fastest rate. This industry is very competitive because of the tremendous potential for growth in nations such as the United States, Japan, India, and Germany.
  • The US immersion cooling market size is expected to reach US$ 1.8 Bn by 2032.
  • During the forecast period, the single-phase immersion cooling type segment is predicted to lead the market and grow at the fastest CAGR. Because it is less expensive to set up and more energy-efficient, demand for single-phase immersion cooling is expected to continue to grow.
  • Because of the high concentration of hyper-scale data centers in these nations, the United States and Canada are key revenue contributors to the North American immersion cooling market. The United States is home to 40 per cent of the world’s total hyperscale facilities.

Competitive Landscape

Owing to the firms in the industry are constantly developing new cooling solutions with the ability to cool very dense storage components, the market is fairly concentrated. They’re also spending money on research and development to come up with new solutions that are projected to help the sales of immersion cooling grow even more.

In terms of the data center industry, there is a slew of merger and acquisition activities going on around the world, which is predicted to improve various players’ ability to invest in modern cooling infrastructure. Fujitsu Limited, Green Revolution Cooling, Submer Technologies, and others are key players.

Recent Developments

Wiwynn Corporation and Microsoft teamed up in April 2021 to create a two-phase immersion cooling system for data centres. The partnership’s technology advancements will be evaluated at a Microsoft-owned data centre in Quincy, Washington.

Iceotope Technologies Ltd. announced the release of a highly scalable, GPU-rich, and liquid-cooled solution for the deployment of HPC and AI workloads in colocation using Lenovo ThinkSystem SR670 servers in January 2021. The Ku:l Data Centre solution is able to withstand the increased heat loads brought on by processor roadmaps.

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Key segments

By Type:

  • Single-Phase Immersion Cooling
  • Two-Phase Immersion Cooling

By Application:

  • High-Performance Computing
  • Artificial Intelligence
  • Edge Computing
  • Cryptocurrency Mining
  • Others

By Cooling Fluid:

  • Mineral Oil
  • Synthetic
  • Fluorocarbon-Based
  • Others

By Region:

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

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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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Residential Solar PV Inverter Market will rise at a CAGR of 4%, reaching US$ 6.2 Bn by 2032

The residential solar PV inverter market is anticipated to register a CAGR of 3.8% during the forecast period 2022-2032.

The residential solar PV inverter market outlook will be bolstered by ongoing technological advancements, changing regulatory and consumer proximity, and the deployment of efficient inverter units.

As per the residential solar PV inverter market study, the growth of the residential solar PV inverter market is likely to be fueled by the increased deployment of solar PV modules to enhance the microgrid network.

The study also finds that the replacement of traditional storage technology and changes to existing techniques and cost-competitiveness will positively impact industry dynamics of residential solar PV inverter market trends.

In addition, sales of residential solar PV inverters spike due to the widespread adoption of renewable energy sources in the housing sector and the rise of net-metering schemes.

The residential solar PV inverter market future trends will be swayed by a paradigm shift toward adequate manufacturing precision, new product innovations, optimization, and standardized production processes for environmental compatibility, power output, and low installation costs.

Furthermore, smart communication will encourage the adoption of residential solar PV inverters by ensuring network reliability and balancing electricity demand and supply.

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The ability of these inverters to generate grid-matching power (AC) directly through the back of each solar panel will influence the demand for residential solar PV inverters.

The parallel connection of these systems across the PV module reduces panel and inverter failure, further preventing the string from going offline, thereby positively impacting the residential solar PV inverters adoption trends.

A wide array of residential solar PV inverters market opportunities opens up as string-based residential solar PV inverter deployments will be aided by rising regulatory concerns about effective interconnection to grid-tied solar installations.

The residential solar PV inverters market size is likely to be worth US$ 4.8 Bn in 2026.

Key Takeaways:

  • Microinverter technology will grow in popularity in the residential solar PV inverter market due to its ability to operate as a plug-and-play device across solar arrays.
  • By 2028, the single-phase residential solar PV inverters market is expected to exceed USD 5 Bn due to high operational feasibility and lower solar component costs.
  • Central inverters are highly efficient and compatible with various grid features such as fluctuation management balancing and hence are expected to witness the fastest growth rate.
  • By 2028, the Asia Pacific residential solar PV inverter industry is expected to have installed over 20 GW per year.

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“The Asia-Pacific region dominates the residential solar PV inverter market, and this trend is expected to continue in the coming years. The majority of the demand is expected to come from China, also the world’s largest solar energy producer. Product penetration in the region will be driven by favourable reforms such as FITs, soft loans, incentives, subsidies, and tax rebates, etc.” opines an FMI researcher.

Competitive Landscape:

The key player’s residential solar PV inverter market share will be bolstered by inorganic growth ventures, contracts, and new product innovations to expand the product portfolios of leading players.

SMA Solar Technology AG, Darfon Electronics Corp., General Electric, Schneider Electric, Enphase Energy, Sungrow, Siemens, Eaton, SolarEdge Technologies, Fimer Group, Huawei Technologies, Delta Electronics, Altenergy Power System, Hitachi Hi-Rel Power Electronics Private Limited and Fronius International GmbH are some of the major players in the residential solar PV inverter market.

Recent Developments in the Residential Solar PV Inverter Market are:

  • The centralised inverters (model SG3125HV) and string inverters were introduced by Sungrow Power Supply Co. Ltd. (domestic model SG225HX; international model SG250HX). The 210 ultra-high-power modules are fully compatible with the newly launched investors.
  • Tesla has announced the release of its own solar inverter. The Tesla solar inverter comes in two sizes: 3.8 kW and 7.6 kW, with two and four maximum power point trackers, respectively (MPPTs).

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Key Segments

By Type:

  • String Inverter
  • Micro-Inverter

By Application:

  • Single Phase
  • Three Phase

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

About FMI:

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

Contact:

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Industrial Steam Turbines Market : Notable Developments & Geographical Outlook 2027

Over the years, increasing concerns over emissions and environmental issues, particularly global warming have resulted in Thermoelectric Generator Market exhaustive research into novel technologies for electrical power generation.

Moreover, the increase in demand from industrial sectors and immobile devices has led to a rise in the demand for generators. Thermoelectric generators are solid state devices that help convert heat into electrical energy.

As the temperature difference on the sides increases, the performance of a thermoelectric generator also increase.

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It is assumed that when more heat is enforced through thermo electric legs, their performance increases. Therefore, these generators help minimize heat losses and confine the heat transport through thermoelectric legs.

Thermoelectric generators are generally used as waste heat recovery systems for solar thermoelectric power generators and the automobile industry. In the automotive industry, seventy percent of heat energy released from a car’s engine is lost, generally in the form of heat.

Therefore, thermoelectric generators act as a unique solution for this energy loss problem. Similarly, the U.S. manufacturing industry discharges nearly one-third of the energy consumed as thermal losses to the atmosphere or to cooling systems.

Frequently, thermoelectric generators are used for low power remote applications or where the use of bulky heat engines is not possible.

Thermoelectric Generator Market: Dynamics

Burgeoning demand for waste heat recovery systems, coupled with the rise in global warming is expected to fuel demand for the thermoelectric generator market.

Moreover, stringent government regulations and increasing industrial automation across the world are further projected to drive the demand for the thermoelectric generator market during the forecast market.

However, the cost associated to install this system is expected to hamper the growth of the market during the forecast period. Additionally, inefficiency to generate high output power is further expected to restrict the growth of the market.

Thermoelectric Generator Market: Regional Outlook

Geographically, North America is estimated to be the primary revenue generating region in the global thermoelectric generator market. The rise in demand for cleaner energy is expected to upsurge the demand for thermoelectric generators in North America.

Europe is anticipated to show relatively fast growth over the forecast period. In APAC, India and China are expected to grow at a significant rate, owing to the increase in demand for vehicles, which in turn drives growth of the thermoelectric generator market.

Thermoelectric Generator Market: Trends

Low power thermoelectric generators (100 watt) are generally used for hiking, mountaineering, camping, and as a backup in homes during power cuts, primarily to charge Ipads, phones and lighting devices.

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Many big manufacturers are investing in R&D to upgrade the technology for high power thermoelectric generators to further improve the efficiency of heat exchangers and deal with the stress of higher temperature gradients. Moreover, current research also focuses on developing thermoelectric generators with lightweight materials.

Institutes are working on research study to bring down the cost of thermoelectric generators and increase their efficiency. With the increase in research & development activities, the demand for thermoelectric generators is also expected to increase over the forecast period.

Thermoelectric Generator Market: Segmentation

The thermoelectric generator market can be segmented in a number of ways, of which the more prominent ones are one the basis of industry, source, temperature, and material.

On the basis of industry, the thermoelectric generator market can be segmented into:

    • Automotive
    • Aerospace & Defence
    • Marine
    • Others

On the basis of source, the thermoelectric generator market can be segmented into:

    • Waste Heat Recovery
    • Direct Power Generation
    • Energy Harvesting
    • Cogeneration

On the basis of temperature, the thermoelectric generator market can be segmented into:

    • Less than 75 degree
    • 75 to 500 degree
    • More than 500 degree

On the basis of material, the thermoelectric generator market can be segmented into:

    • Bismuth or Lead Telluride
    • Calcium Manganese Oxide
    • Others

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Northern Europe Calcium Sulphate Market | Size, Growth Analysis Report, Forecast to 2032

The Northern Europe calcium sulphate market size is projected to expand at a 5.3% CAGR during the forecast period between 2022 and 2032 finds Future Market Insights (FMI). Calcium sulphate is naturally occurring and can be synthesized using chemical means or intermediates.

Calcium sulphate has a wide range of commercial and industrial applications due to its excellent physicochemical properties. Calcium sulphate can be used as a soil conditioner for agriculture, as a coating agent for the paper industry, to make paper very shiny, as a desiccant in chemical laboratories, as a coagulant for foods and beverages, and for coloring paints used as a pigment.

Gypsum, the dihydrate form of calcium sulphate, is the most commonly used form and important raw material in the construction industry. It is used to make Portland cement, highly specialized plasters (also known as gypsum plasters) for wall surfaces, wallboard, cement blocks, and mortars.

Growing government infrastructure development initiatives in a number of countries are creating new opportunities for gypsum producers to profit from the construction industry.

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Agrochemical demand is increasing to maximize production from available land. The agricultural industry relies heavily on calcium sulphate dihydrate, also known as gypsum. It is a calcium and sulphur source for plant nutrition. Calcium is required for plants to absorb the majority of their nutrients.

It also helps to improve the soil structure. It aids in the improvement of flocculation or aggregation. It also increases the water infiltration & prevents waterlogging in soil. Growing demand from the agriculture industry is expected to drive the demand in the forecast period.

“Over the assessment period, sales of calcium sulphate are expected to be driven by the growing construction industry across Northern Europe followed by agrochemicals and paints & coatings,” says an FMI analyst.

Key Takeaways:

  • The additive segment is projected to hold approximately 58% of the total market share in 2022.
  • The cement & plaster segment is anticipated to grow at 5.6% CAGR through 2032.
  • The calcium sulphate market in the U.K. is expected to create an incremental dollar opportunity of US$ 453.9Mn in the forecast period.
  • The technical grade segment is expected to reach about US$5,862.3Mn by end of the forecast period.

Competitive Landscape 

Key market participants of the Calcium Sulphate market elaborated in the report include Saint-Gobain, Solvay SA, Honeywell International Inc., Penta Manufacturing Company, Celtic Chemicals Limited, Miber Mineral Roset, Glentham Life Sciences Limited, Fluorsid, AKO KASEI CO., LTD, JRS Pharma, Macco Organiques, s.r.o., Spectrum Chemical MFG Corp., GFS Chemicals Inc., and others.

Key players are focused on high-growth end-use industries such as construction and infrastructure where calcium sulphate is widely used. These benefits manufacturers in terms of revenue and product portfolio. Leading manufacturers in the market are focusing on high-growth end-use industries to increase annual sales.

Great market opportunities are expected from the growth of certain end-use industries such as construction, paints, coatings, and the expansion of infrastructure projects.

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Key Segments:

By Product Type:

  • Anhydrous
  • Hydrated

By Grade:

  • Technical
  • Food
  • Pharma

By Function:

  • Coagulant
  • Thickening Agent
  • Excipient
  • Desiccant
  • Additive

By End Use:

  • Cement & Plaster
  • Agrochemicals
  • Paints & Coatings
  • Paper
  • Mining
  • Food & Beverages
  • Cosmetics & Personal Care
  • Pharmaceuticals

By Country:

  • Germany
  • United Kingdom
  • Ireland
  • France
  • Netherlands
  • Belgium
  • Rest of NE

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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 favour 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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Recycled Carbon Fiber Market is Expected to Reach US$ 438 Million in 2032

The recycled carbon fiber market is expected to reach US$ 3.91 billion by 2032, up from US$ 1.26 billion in 2021, expanding at a high CAGR of 11.8%. This study explains how recycled carbon fiber price is directly proportional to increasing concerns over climate change and awareness around the use of biodegradable products.

As the demand for pro-performance, eco-friendly and energy-efficient products increases, the consumption of recycled carbon fiber is higher than ever. Countries like US, Germany and Japan are investing more in the research and development projects for recycled carbon fiber.

Factory shutdown, closed supply chains, and brutally damaged end-use industries restrict the recycled carbon fiber market. The damage done by covid-19 to the aerospace market has led to a steep decline in recycled carbon fiber.

Not enough awareness about the use of recycled carbon fibers in manufacturing units of multiple products. The number of manufacturing skills one requires to retain the mechanical traits of virgin carbon fiber and produce recycled carbon fiber is very crucial.

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European Union has allocated 85% of the materials used in manufacturing vehicles to be recyclable, as this recycled carbon fiber is the ideal material for transforming industries. This way, these industries produce eco-friendly, biodegradable and green products.

“The major challenge with the recycled carbon fiber market is the lack of composite waste and other scrap material availability. The ability to decrease erosion and increase the durability of products. Gaining higher volumes for the recycling processes of carbon fiber.”

Key Takeaway

  • The increasing demand for lightweight materials to reduce the weight of the vehicle is also augmenting the demand for recycled carbon fiber applications.
  • Europe holds the biggest portion in the global recycled carbon fiber market. The excessive growth in this region is attributed to the continued strategic development of the new-gen vehicle. The countries in Europe are initiating plats to transform the carbon fiber waste into products.
  • On the basis of type, the chopped recycled carbon is in the highest demand in terms of value and volume, as it is used in multiple industrial mixing, injection modeling and other compounding processes. Recycled carbon fiber ltd and other companies like this do the work for you.
  • Based on source, the aerospace scrap holds and supplies the most significant amount of scrape to the recycled carbon fiber industries that further produce products formed through these materials. E.g., the Pyrolysis carbon fiber global recycled carbon fiber market is segmented by type, source and end-use industries and further divided into small segments.

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Competitive Landscape

The major carbon fiber recycling companies are dominated by SGL Carbon SE, ELG Carbon Fibre Ltd, Procotex Corporation SA, Vartega Inc, Carbon Conversions Inc, Carbon Fiber Recycling Inc, Shocker Composites LLC, Alpha Recyclage Composites, HEXCEL CORP, CFK VALLEY STADE RECYCLINGGMBH & CO KG, Elevated Materials and Sigmatex (UK) Limited. These companies are adopting new organic and inorganic plans to increase their recycled carbon fiber market stronghold.

  • In 2021, Procotex Corporation tied up with ELG Carbon Fibre, which allows the company to produce higher amounts of carbon fiber and feedstocks.
  • ELG Carbon Fiber has developed the world’s first carbon fiber bogie(CAFIBO) by partnering with Railway Research.

What impact did COVID-19 have on the Recycled Carbon Fiber Market?

Due to the novel coronavirus (COVID-19) pandemic, the recycled carbon fiber industry is predicted to increase slowly in 2021. This deadly virus has caused havoc all across the world, especially in North America and Europe. Companies have shut down activities and industrial facilities across countries to prevent the virus from spreading further. As a result, the capacity for producing recycled carbon fiber has been reduced.

End-use industries such as automotive and aerospace, among others, have ceased production. As a result of the pandemic’s influence on the global economy, several automotive manufacturers, notably Volkswagen, BMW, and Ford, have declined their market shares.

Due to the lack of personnel and transportation, the global pandemic has had an impact on production, demand, suppliers, investors, and a variety of other factors. Overall, it can be concluded that the recycled carbon fiber industry is growing at a slower pace.

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However, essential firms’ continued efforts have aided the worldwide market’s delayed recovery from the pandemic. The worldwide market is forecasting a more significant percentage of recycled carbon fiber in the current context.

Key segments

By Type:

  • Chopped
  • Milled

By Source:

  • Autospace Scrap
  • Aerospace Scrap
  • Others

By End Use:

  • Automotive & Transportation
  • Consumer Goods
  • Sporting Goods
  • Marine
  • Industrial

By Region:

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

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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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Green Building Materials Market is projected to expand at a CAGR of 11.8% during 2022 – 2032

The green building materials market size is likely to reach US$ 823 Bn by 2032, up from US$ 265 Bn in 2021, accounting for 11.8% CAGR through 2022-2032.

Green construction materials play an essential role in the growth of such structures. From design through demolition, green building materials are necessary for sustainability and efficiency.

Manufacturers are primarily concerned with creating conventional consumer goods. Customizations based on customer preferences, on the other hand, are predicted to be the way forward, boosting demand for green building materials market.

Due to Sustainable growth and a decrease in difficulties connected to environmental degradation and natural resource depletion, green construction materials are becoming increasingly popular, leading to the adoption of green building materials market.

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Low operational and maintenance costs and the pressure of environmental rules relating to emissions are the primary drivers of the global green building materials market.

Furthermore, governments in developed nations have implemented regulations and incentives to encourage green building, which has aided the market’s growth.

Key Takeaways

  • Insulation is expected to be the fastest-growing application, rising at a pace of 11.7% during the projected period due to its excellent energy efficiency and increased emphasis on installing interior insulation solutions.
  • Green construction materials are required to combat the health risks posed by climate change, pollution, and carbon footprints. It has been discovered that employing green building materials in the construction sector substantially reduces carbon dioxide (CO2) emissions.
  • The Indian government has encouraged green construction, such as the Green Rating for Integrated Habitat Assessment (GRIHA). It has mandated that all central government and public-sector buildings receive at least a 3-star rating under GRIHA, enhancing the sales of green building materials.
  • The future of green building technology provides several options to repair the damage that has been done to the world and the environment. Building materials that retain air cleansing materials, micro-grids, net-zero structures, and smart glass are just a few of them.
  • North America owns a significant green building material market share. The rise of the green building material market in the area is being driven by strict rules on the use of environmentally friendly products in the construction sector.
  • Exposed to extreme climate conditions and government initiatives, the Asia Pacific and Latin America are also seeing increased demand for green building materials market and are likely to be very attractive markets for green building materials.

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Competitive Landscape

Acoustical Surfaces, Cemex S.A., Green Build Products, Cold Mix Manufacturing Corp, Green Build Products, Green Fiber LLC, National Fiber Technology LLC, and Novagard Solutions are some of the key players in the green building materials market.

Some of the growth strategies identified include mergers and acquisitions, trends and analyses relating to strategic collaboration among partners, and mutual agreements and partnerships.

To enhance their geographical footprint, the top players are using novel product launch tactics.

  • Sika announced its consumer purchase intention MBCC Group in November 2021 in order to accelerate its growth strategy and strengthen its position as a global sustainability champion in the construction sector.
  • SmartLam North America and RedBuilt established cooperation in May 2020 to provide Cross-Laminated Wood (CLT) supplies and solutions to architects, engineers, and contractors working on projects utilizing the popular mass timber building technology.
  • In the Pacific Northwest, West Coast, and Southwest, which encompasses nine states, RedBuilt will be the only distributor of SmartLam CLT.
  • The use of natural resources has been strained by the rising global population and growing urbanization. Concept of sustainable growth and a drop in challenges connected to environmental degradation and natural resource depletion, green construction materials are becoming increasingly popular.

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Key Segments

By Type:

  • Structural
  • Interior
  • Exterior
  • Others

By Application:

  • Framing
  • Insulation
  • Roofing
  • Interior & exterior finishing

By End-user:

  • Residential
  • Commercial offices & buildings
  • Institution

By Region:

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

About FMI:

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

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Calcium Carbonate Market Trends | Segmentation, Outlook, Industry Report to 2032

The global Calcium Carbonate market is estimated to expand at a remarkable growth rate of 5.4% CAGR over the forecast period between 2022 and 2032, finding future market insights (FMI) in a recent market analysis.

Calcium Carbonate is widely used in various Paints and Coatings applications. it is used as an agent to enhance gloss, as an additive, and rheology modifier in a wide range of applications. In addition, Calcium Carbonate is extensively used in the aqueous paint industry. It promotes good dispersion and improves luster.

It is used in wall plastic powder and skims coat with a very high dosage as filling material and whiteness improvement. Paints and Coatings has a significant application in the automotive, transportation, and construction sector, its product is used in infrastructure, and industrial applications and for the decoration of residential and non-residential buildings.

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The rising demand for paints and coating products for various end-use industries is one of the major drive to increase the Calcium Carbonate Market.

In addition, the consumption of Calcium Carbonate in the Plastics industry is rising rapidly. Calcium carbonate is available around the world, it is compatible with a wide range of polymer resins, and is easy to grind these factors make its effective use in Plastic Industry.

In the Propylene compound calcium carbonate is often used to increase rigidity, it provides opacity and surface gloss. Consumption of Calcium Carbonate is increasing with continuous demand for plastic products.

Moreover, stringent environmental regulations for Paints and coatings and Plastic Industry is one of the major restraints for the calcium Carbonate Market.

“Increasing demand for Paints and coatings products is expected to propel the market growth over the forecast period,” says an FMI analyst.

Key Takeaways:

  • The global Calcium Carbonate market is expected to attain a value of over US$ 41.4 Bn by the end of the forecast period growing at a CAGR of 4% over the forecast period.
  • Rising demand for Calcium Carbonate for various applications in the paints and coating industry is expected to propel the growth of the market in recent years.
  • Key players are focusing on increasing production capacity and expansion by setting up a new plants to cater to the growing demand of end-use industries
  • Calcium Carbonate is compatible with a wide range of polymer resins and is easy to grind making its effective use in Plastic Industry.
  • Due to the presence of countries like China, the world’s largest Calcium Carbonate producer, East Asia is predicted to be the leading market in terms of Calcium Carbonate consumption.

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Competitive Landscape

Imerys, Omya AG, Minerals Technologies Inc., Huber Engineered Materials, Mississippi Lime Company, Carmeuse, Sibelco, Midwest Calcium Carbonate, Calciner SA, Greer Limestone Company, LafargeHolcim, United States Lime & Minerals, Inc., Excalibar Minerals LLC, AGSCO Corp, Blue Mountain Minerals, GCCP Resources, GLC Minerals, LLC, ILC Resources, Mountain Materials, Inc., NALC, LLC and various others are the some of the key manufacturers of Calcium Carbonate Calcium Carbonate profiled in the full version of the report.

Calcium Carbonate Market Segmentation

By Product Type:

  • Ground Calcium Carbonate (GCC)
  • Precipitated Calcium Carbonate (PCC)

By Application:

  • Fillers
  • Neutralizing Agents
  • Construction Materials
  • Dietary Supplements
  • Desulfurization
  • Additive
  • Others

By End Use:

  • Paper
  • Plastic & Rubber
  • Paints & Coatings
  • Adhesives & Sealants
  • Cement & Ceramics
  • Agriculture
  • Pharmaceuticals
  • Others

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More Insights into the Calcium Carbonate Market Report

In its latest report, FMI offers an unbiased analysis of the global Calcium Carbonate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, its growth, and scope, the market is segmented based on Application, Product Type, End use and Region.

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 favour 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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