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Using reactive diluents results in better performance of various solutions by improving their thermal stability, tensile strength, adhesion, and other physical attributed. Due to their robust compatibility with water-based and solvent paints, the demand for reactive diluents will continue surging through the course of the forecast period.

Reactive diluents demand reflected sluggish growth in 2020, yet the industry stakeholders are optimistic of its quick recovery, revealed by Future Market Insights (FMI) in a recently published global report.

As reactive diluents are used for improving consistency of paints & coatings and adhesives & sealants, they are in high demand across a multitude of sectors including building & construction, automotive, electronics among others. Future Market Insights (FMI) sees this as chief driver of the reactive diluents market, which is expected to grow at a positive pace between 2020 and 2030.

However, in the first half of 2020 most of these activities remained impeded, resulting into 40% less demand, comparing against the same period last year.

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A key point to consider here is that using reactive diluent can significantly reduce emission of volatile organic compounds (VOC). This has boosted its applications in line with technological advancements witnessed across diverse industries. Prospects for the market is expected to get more lucrative as industries adopt composites as a replacement for radical materials traditionally used in automotive and construction applications.

Construction activities are expected to soar higher in tandem with population growth witnessed around the world. This will in turn bolster growth prospects for the reactive diluents market. On the downside, the unprecedented COVID-19 outbreak might result in sluggish near-future opportunities for the market.

Nonetheless, backed by relevant research and development investment by chemical giants, the market could soon recover once the crisis passes. Despite this, the foray of competent alternatives could hamper growth prospects of the market. FMI in a recent study presents a holistic overview of the global reactive diluents market, covering various factors enabling growth and those restraining the market.

Some of the key factors highlighted in the report are:

• East Asia and South Asia Pacific are expected to demonstrate lucrative growth opportunities for the market. Rising building and construction activities besides expansion of automotive and electronics industries will support growth in countries such as India, China, Japan, and South Korea
• Some of the leading companies operating in the market are located across East Asia and South Asia Pacific, making the regions highly attractive markets for reactive diluents
• Government support towards construction activities and infrastructural development will aid the overall market expansion. For instance, smart city projects undertaken by various governments will give a big push to the country’s construction sector, subsequently fuelling the demand for reactive diluents

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“The rising demand for lightweight materials across industries is underpinning growth of the reactive diluents market. Using reactive diluents in paints and coatings make them corrosion resistant besides strengthening their mechanical resilience. Coupled with this, government rules of curbing VOC emissions will result in the spike in adoption of reactive diluents,” said a lead analyst at FMI.

Who is winning?

Reactive diluents market is a highly competitive one, exhibiting the presence of several companies. Market players are primarily focusing on the expansion of their global footprint and product portfolio to gain competitive advantage.

Future Market Insights profiles some of the leading players operating in the market. These include Huntsman Corporation, Hexion Inc., Aditya Birla Chemicals, Olin Corporation, Sachem, Inc., Arkema Group, ipox chemicals GmbH, Evonik Industries, Atul Ltd., and Adeka Corporation.

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Get Valuable Insights into Reactive Diluents Market

Future Market Insights executive level blueprint of the reactive diluents in its report. It offers refined forecasts pertaining to revenue growth witnessed across various segments. Trends impacting the market’s trajectory across these segments are also studied in detail for the period between 2020 and 2030.

The report studies the global reactive diluents market and segments it in terms of type aliphatic, aromatic, and cycloaliphatic. On the basis of function it bifurcates the market into mono functional and multi-functional. Based on end use the market can be categorized into paints & coatings, adhesives & sealants, composites, flooring, and others (comprising tooling, casting, and encapsulation). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia and Pacific, and the Middle East and Africa

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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According to the latest report by Future Market Insights, the global bromine market is estimated to be worth US$ 2.4 Bn in 2021. With a large share in oil and drilling applications, bromine and its derivatives are seeing high demand growth in the US.

High demand for bromine derivatives and Clear Brine Fluids (CBFs) is seen in the US which is seeing an uptick in drilling and exploration activities for oil.

Despite the ongoing pandemic, players in the bromine market are engaging in smart procurement moves for bromine and its derivatives in order to preserve their margins. Efforts are also being undertaken to secure long-term strategic liaisons by manufacturers with their customers and partners to offtake production and keep plants operational in the interim.

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Key Takeaways of Bromine Market

• Flame retardants account for the largest share in the bromine market. Despite stringent regulations banning brominated flame retardants, this segment will showcase strong growth through 2031
• Asia Pacific was the largest regional market for Bromine in 2019. Within this region China accounted for 13% bromine production
• With high uptake of bromine as a flame retardant in electronics manufacturers are re-shoring to regions within Asia Pacific on back of cost-effective raw materials and cheap labor
• High recyclability of hydrogen bromide along with virgin bromine brines is upping the overall production of bromine globally

COVID-19 to Compound Challenges of Refiners

Bromine and in particular, the chemicals industry, will feel the impact of COVID-19 in the near term. The bromine market like other major chemical sectors will continue to face supply chain disruptions owing to outbreaks in various regions.

Regions such as Asia Pacific, North America and Europe which have till now remained key producers of bromine may feel the adversarial effects of the pandemic and prevailing uncertainty in capital markets.

Slackening growth in consumer goods, automotive and the construction sector is also impacting the demand for brominated flame retardants in these end-use industries. Refineries producing bromine are facing significant challenges with facility shutdowns.

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Bromine Market – Competitive Intelligence

The market structure for bromine is highly consolidated with leading stakeholders’ producers accounting for three-fourth of the supply. With technological advancements in bromine and its derivatives as well as collaborative ventures between major players, the market is witnessing high growth in pharmaceuticals, construction, electronics and oil & gas.

• Israel Chemicals Ltd, headquartered at Tel Aviv, is one of the leading players in the market manufacturing elemental bromine. With an estimated capacity of 280,000 MT of bromine per year, the company serves diverse sectors such as construction, pharma, energy and automotive. To reduce its overall operating cost the company looks at establishing new pumping stations in locations around the Dead Sea to maintain bromine production. The company also collaborated with Albermarle Corporation to develop a new generation of polymeric flame retardants with reduced emissions
• Lanxess AG, headquartered in Germany offers brominated flame retardants which are primarily being used in building insulation. The company recorded a strategic milestone with its acquisition of Chemtura, a US company which has made it one of the most important players in the additive market and has also given it a foothold in urethanes and organometallics divisions

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Want to Know More?

Future Market Insights has published a market research report on the bromine market that contains global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the bromine market through four different segments- product type, source, application, and region. The bromine market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent 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:

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Rising consumption of fuel additives for removing impurities during oil production, along with investments in oil refinery projects by government and private players will continue to push sales of CDU heat exchanger antifoulants market. Considering this, FMI has forecasted the global CDU heat exchanger antifoulants sales to reach a valuation of US$ 197.6 Mn in 2028.

Growing environmental concerns across the globe has triggered the adoption of devices and equipment that aid in providing a cleaner environment. In the wake of this, industries worldwide are striving to adhere to the policies that have been implemented by the governments in order to maintain a competitive edge in the global market.

One such chemical that is added in the heat exchanger equipment in oil refineries is antifoulants that help in saving the machine from any form of corrosion. Corrosion inhibitors are used in machineries as they provide long-term benefits such as reducing the corrosion and improving safety of the operational equipment.

In order to retain their position in the market, companies are fiercely competing against each other. Their awareness regarding the importance of maintaining their machineries and equipment has increased.

They are also expanding the oil refineries according to the growing application needs and their ability to handle the challenges of the industry. Some of the leading companies operating in the market are BAKER HUGHES, a GE Company, Dorf Ketal, CHIMEC SpA, Croda International Plc, CRISTOL, Eonchemical, Chematek S.p.A., Expert Chem SERV, Innospec, and SUEZ.

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Changing Geopolitical Scenario, Coupled with Growing Awareness Regarding the Use of Safe Equipment, Poised to Benefit Market

Globalization, population explosion, and economic changes have not only contributed to the crude oil industry, but have also resulted in a rise in the standards of the oil and gas services. The formulation of fouling deposits can have a number of effects. For instance, it can decrease heat transfer, impede fluid flow, and impair safe operation of equipment. In recent times, people have become vigilant towards the safe operation of equipment, which, in turn, is expected to accelerate growth of the antifoulant market over the forecast period.

Moreover, huge amounts of fuel additives are utilized in the manufacturing of crude oil. These additives act as the backbone of refinery sectors across the globe. Refineries strive for reliability and processing flexibility with minimal fouling and impurities. An antifoulant treatment program is the result of the incentive loss. Burgeoning use of fuel additives for the purpose of oil purity, in turn, is anticipated to boost demand for antifoulants. Spin-off-benefits are acquired with treatment programs, which are more important than sustainable benefits.

Fluctuating Oil Prices to Limit Market Expansion

Feedstock for naphthenic oil and paraffinic oil is processed from base oil, which in turn is a derivative of crude oil. Thereby, the prices of these base oils tend to be unhinged and volatile as they are subject to the uncertainty occurring in the prices of crude oil. This instability shakes the profitability of manufacturers and in turn, may inhibit market growth. The petro specialty market is majorly dependent on import and sudden change in oil prices hampers the regional import trade, thus hindering the growth of crude distillation unit heat exchanger antifoulants market.

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CDU Heat Exchanger Antifoulants Market by Category

By Type, the CDU Heat Exchanger Antifoulants market is segmented as:

• Dispersants
• Corrosion Inhibitors
• Metal Coordinators
• Polymerization Inhibitors

By Region, the CDU Heat Exchanger Antifoulants market is segmented as:

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

Related Links:

https://www.theexpresswire.com/pressrelease/Gypsum-Market-Segmentation-by-Revenue-Present-Future-Scenario-To-2032_17550936

https://www.marketwatch.com/press-release/gypsum-market-segmentation-by-revenue-present-future-scenario-to-2032-2022-09-09

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:

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The US$ 2.45 Bn global epoxy curing agents market is estimated to surpass US$ 4 Bn by the end of 2028, according to a recent research report published by Future Market Insights. In terms of value, the market is apprehended to exhibit a progressive CAGR of 5% over the assessment period, 2022-2028. Successful emergence of bio-based and water-based epoxy curing agents is expected to drive the market during the next 10 years.

“Increasing consumption of epoxy resins by electrical laminate manufacturers and substantial demand for printed circuit boards (PCBs), which are widely used in electronic products manufacturing, will collectively push the market for epoxy curing agents over the next decade. The market will also gain a significant thrust by fuel-efficiency regulations set for the use of lightweight materials by automakers and aerospace component manufacturers,” discovers a team of research analysts at Future Market Insights.

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Segmental Insights

• By product type, amines and polyamines represent a dominant segment, whereas amides and polyamides are identified to be the fastest thriving segment.
• Based on application, paints, coatings, and inks will continue to retain a dominant revenue share, followed by a rapidly growing segment – composites.
• By end-use, construction, electrical and electronics, and automotive and aerospace industries are likely to remain the key segments from 2018 till 2028.

China to Remain at the Center Stage in Terms of Revenue Generation

As per the insights provided through regional assessment, the global market for epoxy curing agents has been led by China over the years. The Chinese market currently accounts for a major chunk of global revenues, i.e. nearly 45%. This growth is predominantly attributed to hefty consumption of epoxy agents by paints, coatings, and ink industry. Moreover, China has been witnessing fostering demand for coatings, specifically from automotive, floorings, and manufacturing industries, which will further result in bolstering traction to epoxy curing agents in near future. Western Europe is foreseen to secure the second position in terms of revenue contribution, owing to high demand for renewable energy resources.

Emerging Economies to Rise Rapidly Despite Low-volume Market Sizes

While North America is presumed to observe sluggish growth throughout the forecast period, it has been reported that developing countries in emerging economies such as Latin America, South East Asia Pacific (SEAP), and Middle East and Africa (MEA) will encounter with attractive opportunities in upcoming years. The developing regions are foreseen to be the ‘high-growth, low-volume’ markets for epoxy curing agents. SEAP is anticipated to thrive at a promising CAGR of around 5.2% over 2018-2028, led by India, Thailand, and South Korea. ASEAN countries are projected to open multiple doors of opportunities for power generation and construction industries.

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Key Player Insights

The relatively consolidated competitive landscape of the global epoxy curing agents market is operated by a number of key companies, a few of which include BASF SE, Evonik Industries AG, Aditya Birla Corporation, Olin Corporation, Gabriel Performance Products, Toray Fine Chemicals, Hexion Inc., Showa Denko KK, and Mitsubishi Chemical Corporation. Besides the dominant players such as Huntsman Corporation, Olin Corporation, and Evonik Industries AG, the global marketplace is also benefiting from crucial contribution by several regional as well as local companies.

Epoxy Curing Agents Market by Category

By Product:

• Amines and Polyamines
• Amides and Polyamides
• Anhydrides
• Phenolic
• Others

By Application:

• Paints, coatings and inks
• Adhesives and Sealants
• Composites

By End Use:

• Construction
• Electrical and electronics
• Power Generation
• Automotive and Transportation
• Marine
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East & Africa
• Japan

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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.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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NMP or N-Methyl-2-Pyrrolidone is a hygroscopic, highly polar compound with great thermal and chemical stability. It is slowly oxidised by air and easily purified by fractional distillation. NMP is used for many applications, and is highly prevalent in the industry as it is biodegradable and recyclable. A new research report by Future Market Insights projects the market scenario of NMP for the years ahead.

According to this comprehensive research report titled ‘N-Methyl Pyrrolidone (NMP) Market: Global Industry Analysis 2017 – 2021 and Opportunity Assessment 2022 – 2028’, the global N-Methyl-2-Pyrrolidone Market is expected to reach a value of over US$ 1,200 Mn by the end of 2028, growing at a CAGR of 4.8% during the forecast period.

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N-Methyl-2-Pyrrolidone Market: Snapshot

With the rise in demand for NMP in the global market, many companies are adopting the strategy of innovating their product offerings. There are various companies moving strong in the market, and are forced to come up with innovative products in order to compete efficiently in the market. Innovation and sustainability initiatives are anticipated to be major factors responsible for competiveness.

Consumers do not mind paying a premium for green chemistry and environmental preservation initiatives. This, along with more stringent regulatory constraints, may further increase the importance of innovation in this market. Regional expansion is another strategic move undertaken by top manufacturers to efficiently cater to consumer demands.

Manufacturers are also expanding their production plants in different regions with improved capacity levels. These moves also serve as a driver for the global NMP market, boosting product supply and demand.

Some of the key players in the market include companies such as LyondellBasell Industries Holdings, Ashland, Eastman Chemical Company, Mitsubishi Chemical Corporation, Hefei TNJ Chemical Industry Co., Ltd, Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd, Zhejiang Realsun Chemical Co., Ltd, Puyang,, Guangming Chemicals Co., Ltd, Abtonsmart Chemicals (Group) Co., Ltd, Balaji Amines, Binzhou Yuneng Chemical Co., Ltd, Binzhou City Zhanhua District Ruian Chemical Co., Ltd. All these companies play a crucial role in influencing the dynamics of the global NMP market.

NMP Market Anticipated to Face Growth Restrictions in North America and Europe Due to New Regulatory Framework

According to the market analysis for the years 2018-2028, China is expected to record the highest consumption of NMP in excess of 120,000 MT by the end of 2028.

However, in terms of growth rate, the SEA & Pacific region is expected to witness good growth during the forecast period. North America also holds a lucrative position with a high market value estimated by the end of 2028.

The report also highlights the fact that the application of NMP in industrial cleaners and paints or coatings will decline exceptionally in Europe and North America, due to a stringent regulatory framework.

In Europe, the use of NMP in consumer products is expected to decline owing to its entry in Annex VI of the CLP Regulation including Repr. 1B H360D with a specific concentration level (SCL) of 5% (current consumer product limit).

If this is applied, it will confine the use of NMP in consumer applications to less than 0.3% and would thereby prohibit NMP from being used in such products as NMP would have no functionality at this level in the current consumer applications.

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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.

Contact:

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A new research study titled “Pharmaceutical Grade Sodium Carbonate Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2028)” by Future Market Insights presents a extensive analysis on the pharmaceutical grade sodium carbonate market along with global trends and opportunities across various regions. The analysis also includes key driving factors as well as restraining aspects that impact the global market’s growth. This extensive market research report covers historical market scenario for pharmaceutical grade sodium carbonate along with a forecast analysis for a period of 10 years.

According to Future Market Insights, the global pharmaceutical grade sodium carbonate market is projected to rise at a value CAGR of 2.5% during the forecast period. In 2022 the global market was valued at around US$ 44 Mn and is estimated to touch a valuation more than US$ 50 Mn by the end of the assessment period.

Increase in the Consumption of Drugs to Treat Gastrointestinal Diseases Expected to Fuel the Demand for Pharmaceutical Grade Sodium Carbonate

Owing to unhealthy food habits, demographic changes, sleeping habits and changes in other daily activities, rate of gastrointestinal diseases has increased. According to World Gastroenterology Organization, about 35% to 40% of the world’s population is suffering from chronic or acute gastrointestinal diseases. Due to changes in diet and associated irregularities in food consumption, higher percentage of population is developing gastrointestinal disorders. This has spurred the consumption of antacids and other gastrointestinal drugs. Pharmaceutical grade sodium carbonate is largely used as an API in various antacids to treat gastrointestinal drugs. This has fuelled the consumption of the chemical at a global scale consequently fuelling the growth of the global pharmaceutical grade sodium carbonate market.

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Key Companies Involved in the Global Pharmaceutical Grade Sodium Carbonate Market

Prominent players involved in the global pharmaceutical grade sodium carbonate market are concentrating on expanding their production capacity with a view to meet the increasing demand for pharmaceutical grade sodium carbonate at a global level from various end users for different applications. Solvay SA, Novacarb (Novacap Group), Dr. Paul Lohmann GmbH KG, CIECH S.A., Natural Soda LLC, Jost Chemical Co., Tianjin Chengyuan Chemical Co. Ltd., Weifang Hongyuan Chemical Co. Ltd., and Tronox Alkali Corporation are few of the major players operating in the global pharmaceutical grade sodium carbonate market. Analysis on these players is included in this research report, the scope of which covers financial data, product portfolio, expansion strategies and key developments and innovations.

Higher Price of Pharmaceutical Grade Sodium Carbonate to Hinder the Growth of the Global Market

The consumption of pharmaceutical grade sodium carbonate is limited to specialty, niche and certain high cost applications that require high levels of purity. Pharmaceutical grade sodium carbonate is manufactured using batch process to obtain high purity. Extreme caution is essential during the manufacturing process of pharmaceutical grade sodium carbonate coupled with low volume of production, the costs incurred in production are high as compared to regular grades of the chemical. This has resulted in increased pricing of pharmaceutical grade sodium carbonate which has a negative impact on the growth of the global market.

Segmental Highlights from the Report

The global market for pharmaceutical grade sodium carbonate is categorised on the basis of applications of pharmaceutical sodium carbonate and its grade. Its market scenario across various regions in the globe is also covered.

With respect to region, North America, Western Europe and Asia Pacific excluding Japan (APEJ) are highly lucrative regions. The pharmaceutical grade sodium carbonate market in APEJ is projected to expand at the highest rate in the coming years owing to increasing demand and use of pharmaceutical grade sodium carbonate across various applications in this region.

In the grade category, the coarse segment is the largest with a high market valuation. The use of coarse pharmaceutical grade sodium carbonate is high as compared to the fine grade. Coarse grade, also known as technical grade, contains higher amount of sulphur. Several companies provide coarse grade at a much lesser price as compared to fine grade as coarse grade sodium carbonate needs less purification and is easy to manufacture.

By application, the use of pharmaceutical grade sodium carbonate is largely observed in API segment as pharmaceutical grade sodium carbonate is widely used as an API in various pharmaceutical companies for drug enhancement. It is also used as a pharma excipient.

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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.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Website: https://www.futuremarketinsights.com

 

The worldwide industrial agitators market is set to be esteemed at US$ 2.15 Bn in 2022, and anticipated to grow at a noteworthy CAGR of 8.6% to achieve a total assets of US$ 3.24 Bn toward the finish of 2027.

The modern fomenter market is generally utilized in food and refreshments, paint, and coatings, synthetic, mineral, drug, beauty care products, paper and mash, water and wastewater, power plants, and petrochemicals. The reason for fomenters is for blending fluids, solids, slurries, glues, blending fluids and gases, and blending solids and gases. The paint and coatings industry are utilized in building and development industry, where they are utilized to safeguard the designs from outer harm.

Further, in view of perception, around 55% of the coatings delivered worldwide are utilized to finish and safeguard new development and to keep up with existing designs, like private homes and lofts, public structures, and processing plants.

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Other than building and development industry, the utilization for modern fomenter in paint and coatings industry is additionally for car and transportation and wood enterprises. In substance industry, the fomenters are expected in different stages for creation of polymers, manures and pesticides, synthetic intermediates, greases, compound coatings, cements, and sealants.

Also, in mineral industry, the interest for productive blending and mixing frameworks in the mineral handling industry is developing at a noteworthy rate. Subsequently, for meeting the blending necessities of this industry, fomenter producers are providing the custom and excellent modern instigator market. A portion of the significant utilizations of fomenters in this industry incorporate dissolvable extraction, pressure hydrometallurgical cycles, crystallizers, and barometrical filter applications, among others. In this way, with wide reach applications, the open doors for modern fomenter makers are likewise developing.

“Agitators are used across a host of end-user industries, such as pharmaceutical and bio-tech, food and beverages, oil and gas, coatings and paints, adhesives and sealants, and brewing and distillation, given its maximum operational reliability for any mixing task—ranging from homogenization and suspending to dispersing and gassing. In addition, the demand is projected to remain high among small and medium-sized business (SMBs)”, Senior Analyst, FMI

APAC Continues to Reflect Potential Installation Opportunities

Regionally, demand for industrial agitators is expected to remain concentrated in North America given the consolidated presence of manufacturers, the trend is likely to be followed closely in the emerging markets of APEJ. Expanding manufacturing sector combined with a visible shift towards efficient production capacities from conventional utilization capacities, will drive up industrial agitators sales in Asia Pacific, in the coming years.

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Substantial Demand Noted in Pharma Mixing Processes

Although in terms of value, the chemicals industry is projected to exhibit maximum demand for industrial agitators, pharmaceutical industry is also likely to witness significant industrial agitators demand for keeping the medicine-making clean and sanitary. The industrial agitators used in pharmaceutical industrial are specifically equipped with efficient mixing and dispersing technology while offering uniform distribution of substances and product stability. Moreover, advanced mixing solution offered by industrial agitators during biotechnological production, active pharmaceutical ingredient synthesis production, and hydrogenation of intermediates will supplement to higher sales demand of industrial agitators.

The food and beverages industry is also expected to showcase notable demand for industrial agitators given the stringency in regulations centered around sanitary food-grade mixing applications for ensuring quality of food products. For the manufacturers, such diverse application landscape is likely to bring along product differentiation and customization opportunities, suited to specific industry.

Top-entry Industrial Agitators Gets the Top Spot

Accounting for approximately 70 percent market share, top-entry industrial agitators will dominate the overall adoption landscape, specifically in the chemicals industry. Advantages such as fast mixing, high energy efficiency, zero in-tank maintenance, and adjustable speed and power will make top-entry industrial agitators the most cost-effective mixers.

Manufacturers are increasingly offering customized top-entry industrial tank agitator solutions to meet the unique liquid characteristics for mixing processes in various tanks including, plastic tank, FRP tank, and those made of stainless steel.

On the other hand, side entry industrial agitators will also gain prominence, arising from the shortcomings of top-entry industrial agitators such as need for a large support structure and a higher initial capital cost. Side entry industrial agitators tend to yield homogeneity with lesser capital during acceptable blend durations apart from effectively blending low viscosity liquids.

The global market for industrial agitators showcases a relatively fragmented landscape, specifically in terms of raw material supply scenario.The global industrial agitators market may remain affected arising from fragmented supply base with varying degree of supplier capabilities, intricate pricing and discounting structure, and low profit margins.

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Key Segments of Industrial Agitators Industry Survey

Industrial Agitators Market by Type:

• Top Entry Industrial Agitators
• Side Entry Industrial Agitators
• Bottom Entry Industrial Agitators

Industrial Agitators Market by Model:

• Large Tank Agitators
• Drum Agitators
• Portable Agitators
• Tote Agitators

Industrial Agitators Market by End User:

• Industrial Agitators for Chemicals
• Industrial Agitators for Pharmaceuticals
• Industrial Agitators for Food and Beverages
• Industrial Agitators for Paper and Pulp
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The growing trend towards modern marine navigation for efficient marine operation translates the need for electronic navigation a massive market opportunity for Electronic Cartography.

Electronic Cartography / Electronic Navigation Systems is a navigational tool with GPS navigator integrated to navigational databases.

Displays high-quality satellite images onscreen, provides interactive data chart used to enhance navigational experience and auto reporting in marine environment. Designed to find the best course for navigation, seamless information transfer between ships, between ship and shore.

Deploying electronic navigation systems helps to standardize maritime reporting, increase safety & security, logistic efficiency, incident analysis and improved investigation.

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The electronic cartography market is expected to witness a tremendous growth due to its various benefits and International Maritime Organization (IMO) regulations.

Electronic Cartography Market in Marine industry: Drivers

Increasing global connectivity through satellite communications and growing need for optimization of marine transportation in terms safety, efficiency and transparency in operation is accelerating the growth of electronic cartography market.

Rising awareness regarding potential benefits of electronic navigation systems such as fleet management, cargo monitoring and optimized logistics operations to enhance harbor efficiency are some of the growth factor anticipated to boost the growth of electronic cartography in marine industry.

Also the growing awareness of continuous correction and updating of navigational chart is identified as an obvious growth factor driving the Electronic Cartography Market in Marine industry.

Furthermore, strategy implementation plan (SIP) for e-navigation by International Maritime Organization (IMO) and the moving trend moving towards electronic charts from paper charts are the major potential growth factors which drives the electronic cartography market in marine industry. However, adaptability to electronic navigational system and lack of expertise is likely to deter the progression of Electronic Cartography Market in Marine industry.

Electronic Cartography Market: Segmentation

Electronic Cartography Market is segmented on the basis of End User, Components, and region. On the basis of end user electronic cartography market is segmented into commercial and defense market. On the basis of components the electronic cartography market is segmented into navigation charts and navigation system.

The navigation charts can be sub-segmented into Direct and Pay as You Sail (PAYS) licensing. By navigation system the electronic cartography market can be sub-segmented into Electronic Chart Systems (ECS), Raster Chart Display Systems (RCDS) and Electronic Chart Display and Information Systems (ECDIS).

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Regionally, Electronic Cartography Market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

Electronic Cartography Market: Regional Outlook

The worldwide Electronic Cartography Market expected to witness significant growth in all major regions including North America, Latin America, Western Europe, Eastern Europe, Middle East, Africa and Asia Pacific.

Countries in Asia Pacific such as China and India forecast to dominate the electronic cartography market during the forecast period, as increasing investment for marine infrastructure & vessel safety, industrialization, economic expansion and increasing ocean trade activity.

Electronic Cartography Market: Competition Landscape

The key vendors in the Electronic Cartography Market include Honeywell International, Inc., Rockwell Collins, Inc., Furuno, Jeppesen (C-MAP), Raytheon Anschutz, Thales Group, Northrop Grumman (Sperry Marine), Navionics, Transas, IIC Technologies, Garmin Ltd.

The report covers exhaustive analysis on

• Electronic Cartography Market Segments
• Electronic Cartography Market Dynamics
• Historical Actual Market Size, 2013 – 2015
• Electronic Cartography Market Size & Forecast 2016 to 2026
• Supply & Demand Value Chain
• Electronic Cartography Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Electronic Cartography Market Drivers and Restraints

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.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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