Cold Rolling Oils/Lubricants Market | Industry Research, Segmentation, Key Players Analysis and Forecast to 2028

The estimated value of the global cold rolling oils/lubricants market in 2022 is US$ 14.5 Bn and is expected to expand at a CAGR of 5.6% in order to reach US$ 18.2 Bn by the end of 2028. A new report by Future Market Insights examines the cold rolling oils/lubricants market and offers crucial market insights for the next 10 years.

According to the report, the market is anticipated to witness increasing demand for cold rolling oils/lubricants owing to upsurge in demand for rolled products. In terms of value, the steel material type segment is anticipated to dominate the global market throughout the forecast period and is expected to register a CAGR of 5.6% during the forecast period (2022 – 2028).

Global Cold Rolling Oils/Lubricants Market: Dynamics Impacting Growth 

The global cold rolling oils/lubricants market is estimated to be driven by increasing production of steel and aluminum across the globe. Healthy growth in the global automotive industry will also be a prime factor supplementing market revenue growth.

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Growing local and foreign direct investments in the industrial sector, especially in developed countries in North America, Europe and Asia will also upsurge the demand for cold rolling oils/lubricants over the forecast period.

Moreover, increasing demand for aluminum and steel sheets in the automotive industry is anticipated to be a prominent factor pushing revenue growth of the global cold rolling oils/lubricants market in the near future. Strategic expansion in key markets is expected to remain a major focus area for leading players in the global cold rolling oils/lubricants market.

On the other hand, one of the major challenges faced by cold rolling oils/lubricants manufacturers is the fluctuating price of raw materials, which is anticipated to restrain revenue growth of the cold rolling oils/lubricants market over the forecast period.

Moreover, stringent environment regulations associated with the use of cold rolling oils/lubricants is also expected to hinder the growth of the market during the forecast period. Leading players in the market are investing heavily in research and development as a major part of their growth strategy to launch new and innovative products in the global market.

Global Cold Rolling Oils/Lubricants Market Forecast

On the basis of product type, the synthetic segment is estimated to account for about 38.0% market value share by 2022 end. This segment is expected to register a CAGR of 5.0% over the forecast period. In terms of value, the synthetic segment is anticipated to hold major share owing to high demand from steel and iron manufacturers.

On the basis of material type, the steel segment is expected to dominate the overall revenue generated in 2022 followed by aluminum. This segment is expected to expand at a CAGR of 5.5% over the forecast period.

On the basis of region, China is anticipated to dominate the cold rolling oils/lubricants market both in terms and value and volume. Increasing steel production and metal processing activities in China are expected to support the growth of the cold rolling oils/lubricants market over the forecast period.

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Global Cold Rolling Oils/Lubricants Market: Competitive Landscape

Some of the players reported in this study on the global cold rolling oils/lubricants market are Croda International PLC, Exxon Mobil Corporation, Total S.A., BP plc., Indian Oil Corporation Ltd, Eastern Petroleum Pvt. Ltd., Hindustan Petroleum Corporation Limited, Houghton International Inc., Jiangsu Gaoke Petrochemical Co., Ltd., ETNA Products, Inc., Petroyag Lubricants, Buhmwoo Group, and Ricci S.p.A.

Key Segments of Cold Rolling Oils/Lubricants Industry Survey

Cold Rolling Oils Market by Product Type:

  • Synthetic Cold Rolling Oils/Lubricants
  • Semi-Synthetic Cold Rolling Oils/Lubricants
  • Mineral Based Cold Rolling Oils/Lubricants

Cold Rolling Oils Market by Material:

  • Steel
  • Copper
  • Aluminium
  • Others (Titanium, etc.)

Cold Rolling Oils Market by Region:

  • North America Cold Rolling Oils/Lubricants Market
  • Latin America Cold Rolling Oils/Lubricants Market
  • Europe Cold Rolling Oils/Lubricants Market
  • East Asia Cold Rolling Oils/Lubricants Market
  • South Asia & Pacific Cold Rolling Oils/Lubricants Market
  • Middle East & Africa (MEA) Cold Rolling Oils/Lubricants Market

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Europe Rammers Market Is Expected To Emerge As A Lucrative Pocket Over The Assessment Period 2022 – 2032

Demand in the global rammers market is forecast to rise at a rapid pace over the assessment period. Expansion of the construction sector across the globe, along with increasing investments in the development of public infrastructure projects are expected to create opportunities for growth in the market.

Soil rammers are widely being adopted in various construction and road maintenance projects. They provide a uniform and solid base which is required to support foundations, slabs and pavements, and footing.

Improper soil settlement can lead to structural problems in roads and pavements such as leakage and cracks that result in foundation erosion. To counter this problem, manufacturers are launching technologically advanced rammers to achieve proper compaction of soil, sand, sub-base, concrete, and asphalt.

Rammers or tamping rammers are one of the most crucial equipment used in the construction of urban and rural road development, highways, general groundwork, and maintenance. They are small and compact in size, which allows construction workers to utilize them for small jobs such as trenches, as well as in large road work to reach every corner.

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What are the Opportunities in the Global Rammers Market?

Growing demand for effective equipment from the construction sector is expected to boost sales of rammers over the forecast period. Manufacturers are offering automatic and battery-run construction equipment to maintain the operations without any hindrance.

Rammers are run on battery or alternative fuels which can potentially reduce the operational costs and labor. Effective tools are required in the construction industry to minimize the usage of oil & gas and petroleum products, without hindering operations. This is expected to spur demand for rammers in the forthcoming years.

Along with the construction sectors, rammers are being adopted in the mining industry across the globe. They are being used for leveling the soil before and after the extraction at mining sites. They are also used for covering up and leveling underground pipelines.

Further, increasing adoption of rammers in road maintenance is expected to drive the market. Governments in various countries are increasing their investments in the development, repairing, and maintenance of public infrastructure such as roads, pavements, and highways, which will continue boosting sales of rammers over the forecast period.

What are the Challenges in the Rammers Market?

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Increasing costs associated with construction equipment may hamper the growth in the market in emerging economies. Local construction authorities in these nations do not prefer to invest in high-cost construction equipment, which is a restraining factor.

In response to this, several rental companies are offering construction equipment on a monthly or yearly basis. Growth in the rental and reuse market for road machinery is another factor expected to hinder sales of rammers.

How Will the Asia Pacific Rammers Market Fare?

As per FMI, sales in the Asia Pacific rammers market are forecast to account for the maximum share in the global rammers market. Increasing incidence of road accidents in countries such as India and China are compelling government authorities to invest in the maintenance and repair of public infrastructures.

This is expected to spur demand for rammers over the forecast period. Further, rapid industrialization and urbanization are resulting in the construction of numerous commercial and residential projects in the region. The development of smart cities and increasing investments in the construction sector will continue boosting the market over the forecast period.

What is the Europe Rammers Market Outlook?

The Europe rammers market is expected to emerge as a lucrative pocket over the assessment period owing to the development of public infrastructures across the U.K., Germany, and France. Increasing influx of tourists and students in these countries is compelling the government to improve roadways, pathways, and connectivity across cities and towns.

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This trend is expected to continue over the forecast period, thereby augmenting the growth in the market. In addition to this, the establishment of new residential projects, universities, and hospitals across the region is expected to create opportunities for growth over the assessment period, opines FMI.

Market Competition

Some of the prominent players operating in the global rammers market include XCMG Construction Machinery Company Ltd, Zoomlion Company Limited, Dynapac, Bomag GmbH,Wacker Neuson SE, and Sany Heavy Industries Limited.

Leading players operating in the market are investing in mergers, acquisitions, and partnerships to expand their presence in Asia Pacific. Companies such as Zoomlion and Dynapac are launching advanced rammers to improve sales in untapped markets.

Key Segments in the Rammers Industry Survey

Soil Type:

  • Soil Rammer
  • Sand Rammer

Product Type:

  • Pneumatic Rammer
  • Battery Powered Rammer
  • Diesel Rammer
  • Two Cycle Engine / Four Cycle Engine Rammer

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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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Aluminum Fluoride Market | Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2031

The global aluminum fluoride industry suffered majorly in the on-set of the COVID-19 pandemic earlier in 2020. While shutting down of manufacturing hubs, decline in demand from end-use industries, and financial crisis took a toll on industry players, the recovery in construction, ceramic and other key end-use sectors is helping them in getting back on track since the last quarter of 2020.

According to the latest edition of the report on ‘aluminum fluoride’ market study by Future Market Insights (FMI), aluminum fluoride suppliers will come across new opportunities owing to its requirement in chemical intermediates and residential, commercial, & industrial construction projects during the forecast period of 2021 to 2031.

The report also provides with a thorough analysis of the demand-supply patterns, growth & restraining and other crucial factors for key players in the industry across the globe.

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Key Takeaways from Study

  • Application in Aluminum, fluorocarbons, and ceramic to fuel the sales
  • Metallurgical grade aluminum fluoride to spearhead the demand growth
  • Dry process followed by wet process to gain traction in terms of production routes
  • The United States to remain dominant in the world’s largest aluminum fluoride industry North America
  • Germany to sustain in the leading position in Europe aluminum fluoride industry
  • China, Japan, South Korea, the United Kingdom, Canada, India, and a few other countries to remain hotspots for stakeholders in this industry

“With the industrial, residential, and commercial construction projects gaining momentum again, aluminum fluoride suppliers will come across ample of opportunities to excel in this field. Furthermore, demand from automotive industry to reduce the weight of vehicles in order to comply with emission norms will widen the growth scope for manufacturers. However, the overall recovery rate for automotive sector is still sluggish yet hopeful for aluminum fluoride suppliers,” says an FMI analyst.

How Demand in Construction Industry Paving New Paths for Aluminum Fluoride Manufacturers?

Being temperature and pH regulating agent and solubility enhancer, aluminum fluoride has extensive application in building and construction industry. As these sectors are gaining back the position after getting battered by the pandemic outbreak in 2020, aluminum fluoride manufacturers are subject to come across lucrative growth scope from this sector.

As stated in the report titled “Mexico- Construction” published by the SelectUSA in October, 2019, the construction sector in Mexico comprises of building, materials, and advanced innovations such as sustainable building technologies, seismic stabilization, and others and is a best prospect industry sector in Mexico.

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According to the report, the total industry value increased to US$ 94.8 Billion in 2019 from US$ 94.61 Billion in 2016 and is forecast rise steadily after getting over the turmoil due to the pandemic. The statistics gives an idea regarding the new opportunities awaiting for aluminum fluoride manufacturers across the world.

Some of the key players supplying aluminum fluoride are-

  • Alufluoride Ltd.
  • Rio Tinto Plc
  • Tanfac Industries Ltd.
  • Fluorsid S.p.A
  • Mexichem S.A.B. de C.V.
  • Industries Chimiques du Fluor (ICF)
  • PhosAgro PJSC
  • Do-Fluoride Chemicals Co., Ltd
  • Pingquan Greatwall Chemical Co., Ltd.
  • Gulf Fluor
  • AB Lifosa
  • Alufluor AB
  • Derivados del Fluor

More Valuable Insights

In its latest report, FMI offers an unbiased analysis of the aluminium fluoride market, providing historical data for the period of 2016-2020, and forecast statistics for the period of 2021-2031.

In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of grade (metallurgical grade, and other industrial grade), and application (aluminium, fluorocarbons, ceramics, and chemical intermediate), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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Aluminum Fluoride Market Segmentation by Category

Grade:

  • Metallurgical Grade
  • Other Industrial Grade

Application:

  • Aluminum
  • Fluorocarbons
  • Ceramics
  • Chemical Intermediate

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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Phosphate Conversion Coatings Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive

Phosphate conversion coatings (Phosphating) has served as the most important surface treatment option till date. According to the revelations by Future Market Insights in its new research report, the global Phosphate Conversion Coatings market is expected to reach a market value of over US$ 2,300 Mn by the end of 2028, growing at a CAGR of 4.0% during the forecast period.

The market is now expected to grow at a moderate rate with major application in the automotive segment. PCCs are increasingly gaining popularity in the manufacture of casing connections to enhance their consequent sealing performance. Further, when used in combination with the lubricants, these coatings provide excellent galling protection, a property highly desirable in across various end-use industries, including chemical, oil & gas, etc.

There are various special properties of PPC that have helped mark its growth globally, such as better corrosion resistance, improved adhesion, superior wear resistance, and enhanced aesthetic appearance. The growth is highly evident in the automotive as well as the food and beverage industry. The food and beverage segment is expected to grow at a steady growth rate, with key application in beverage cans.

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China’s Industrial Activities to upkeep its compelling growth in the Global PCC Market

China is projected to be a major contributor to the growth of global phosphate conversion coatings market as it holds the highest market share. Zinc phosphate segment is gaining traction in the China phosphate conversion coating market. It is a result of rising manufacturing and industrial activities in the emerging economies.

The region is expected to witness the fastest growth in the global market at an impressive rate of 5.2% during the forecast period. Other emerging economies are also witnessing similar trends in the PPC market.

These trends are a part of the shift in automotive and construction industry. Automotive industry remains a key sector for supplying phosphate conversion coatings. The construction industry growth is expected to lead to a rise in demand for coated steel and aluminum coils, which in turn will upsurge the demand for the phosphate conversion coatings over the forecast period.

The global phosphate conversion coatings market is significantly consolidated. More than two-third of the global market has been estimated to be concentrated among tier 1 and tier 2 players. Tier 3 players, which largely cater to their regional markets, are expected to hold nearly one-fourth of the overall market.

The leading players are witnessed indulging in partnerships with Automotive OEMs as a move to stay ahead in the intensified competition. The companies are also focusing on introducing new products in the market.

Their strategies include development of innovative coatings and solutions with superior characteristics, which can be utilized over advanced substrates as well as in novel applications, will be among the key success factors for the long term growth

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Key Companies Profiled

  • Henkel AG & Co. KGaA
  • PPG Industries, Inc
  • The Sherwin-Williams Company
  • Axalta Coating Systems, LLC
  • Kansai Paint Co., Ltd.
  • Chemetall GmbH
  • Nihon Parkerizing Co., Ltd.
  • Keystone Corporation
  • Freiborne Industries, Inc.
  • Hubbard-Hall Inc.
  • Crest Industrial Chemicals, Inc.
  • Westchem Technologies Inc.

Phosphate Conversion Coatings Markey by Category

By Product Type:

  • Manganese Phosphate Conversion Coating
  • Iron Phosphate Conversion Coating
  • Zinc Phosphate Conversion Coating

By Substrate:

  • Cast Iron
  • Steel
  • Others (Aluminium, Magnesium, Titanium)

By End-use Industry:

  • Automotive
  • Food & Beverages
  • Consumer Appliances
  • Others (Healthcare, Chemical/ Petrochemical, Aerospace, etc.)

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • China
  • India
  • Japan
  • Middle East & Africa

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Competitive Landscape

Leading players operating in the phosphate conversion coatings market are investing in strategic collaborations, and are focusing on development and launch of new phosphate conversion coatings. Apart from this, players are focusing on expanding their production capacities to serve more end users, in order to gain a competitive edge.

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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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Terephthalic Aldehyde Market | Recent Trends, Demand, Dynamic Innovation in Technology & Insights by 2028

According to the report, the global terephthalic aldehyde market is expected to witness -3.8% CAGR from 2018 to 2028. While the market currently values worth US$ 16,129,832.3, it has been projected to go down and reach US$ 4,342,866.7 by the end of 2028.

The leading companies functioning in the global terephthalic aldehyde market are Haihang Industry Co., Ltd., Wuhai Xinye Chemical Co., Ltd., Dalian Richfortune Chemicals Co. Ltd., Alfa Aesar, Hebei Xingyu Chemical Co., Ltd., and Tokyo Chemical Industry Co., Ltd.

Future Market Insights (FMI) has published a new report on terephthalic aldehyde, which has been titled, “Terephthalic Aldehyde Market: Global Industry Analysis 2013-2016 and Opportunity Assessment 2018-2028.” According to the report, the global market for terephtahlic aldehyde is on the verge of downfall owing to the amount waste water being generated from the production of only one tonne of terephthalic aldehyde.

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It has been considered uneconomical by a handful of players in the market owing to its expensive nature as well as lack of proper infrastructure in order to treat colossal amount of waste water. Moreover, owing to the government regulations across the globe, the production of terephthalic aldehyde has been halted by a majority of key companies in the global marketplace.

The world is observing an insufficient supply of terephthalic aldehyde, principally caused by the enforcement of ‘Environmental Protection Tax Law’ in 2016 in China. The policy required producers to install proper waste management facilities and levied heavy punishments and penalties on the companies, waning to comply with the mandated regulatory standards.

These regulations interrupted the production facilities of terephthalic aldehyde, resulting in to abridged productivity, creating a huge variation between demand and supply. This has led to high vulnerability in the global market, leaving the end users obligated to look for other alternate materials or production technology in order to meet the industry demand.

The scope of application and use of terephthalic aldehyde has expanded over the years to various end-use industries. It is mainly used for the production of optical brighteners and photo-polymers. It is also an important intermediate in the synthesis of medicines, dyes and perfumes.

Though terephthalic aldehyde is a small volume product, it is projected to profit from macroeconomic industrial growth, predominantly in end-use sectors where it finds its niche applications. The macroeconomic factors are projected to underpin end-user industries, such as textile, personal care, paper and pulp, and pharmaceutical, which in turn would create the demand for terephthalic aldehyde.

Further, the uniqueness of terephthalic aldehyde in niche applications proves to be a vantage point. As per various industrial sources, the dearth of the alternatives in optical brightener application is the main factor driving its demand globally.

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Market Taxonomy

The global terephthalic aldehyde market has been segmented into:

By Application

  • Optical Brightener
  • Polymers
  • Pharmaceutical Intermediates
  • Others

By Grade

  • Pharma/Super Grade
  • Technical Grade

By Region

  • Asia Pacific Excl. China
  • China
  • Americas
  • EMEA (Europe, Middle East & Africa)

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Economically, terephthalic aldehyde is mainly manufactured by the chlorination and subsequent hydrolysis of p-xylene; the production process involves highly toxic chlorine gas for chlorination and requires a large volume of nitric acid during the oxidation process.

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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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Pharmaceutical Grade Sodium Chloride Market | | Size, Growth, Demand, Scope, Opportunities and Forecast to 2029

Expected to reach the value of US$ 450 Mn by the end of forecast period (2022 – 2029), global pharmaceutical grade sodium chloride market will witness a strong CAGR.

A new Future Market Insights (FMI) report analyzes that over the recent years there, has been a significant increase in demand for pharmaceutical grade sodium chloride owing to its application in the treatment of chronic kidney disease (CKD).

Hemodialysis is one of the applications, which significantly contributes to increasing demand for pharmaceutical grade sodium chloride. Multiple pharmaceutical applications such as saline drips, contact lenses solutions, and ORS solutions seek pharmaceutical grade sodium chloride as an important raw material for vital medical solutions such as aqueous isotonic injection of dextrose, solution for surgical recovery, and intravenous therapy solution.

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Key Takeaways – Pharmaceutical Grade Sodium Chloride Market Study

  • In the medical sector, pharmaceutical grade sodium chloride consumption is dictated as per authoritative organizations, resulting in a number of manufacturers obtaining Good Manufacturing Practice (GMP), FDA and other certifications to adhere by the guidelines of safe manufacturing as well as utilizations.
  • Applications of pharmaceutical grade sodium chloride continue to diversify in treating array of diseases such as gastrointestinal disorders, diabetes, and cancer of blood and kidney has been registered over the past decade, resulting in a nearly 40% increase in demand for pharmaceutical grade sodium chloride-containing medical solutions over the period of 2009-2019.
  • Developed countries such as the U.K., the U.S., Germany, China, and others have been self-reliant on manufacturing medicines and solutions to treat chronic kidney diseases (CKD).

Low-income countries, majorly from the Middle East & Africa, are dependent on organizations such as WHO and UNICEF for supplements. To strengthen supply to these economies, UNICEF has openly extended support to governments to scale-up their ORS circulation by promoting quality co-packaged ORS and ensuring a secure and functioning program.

Who is Winning Competition?

The market is heading towards consolidation as key manufacturers are opting for inorganic techniques; however, multiple potential manufacturers are coming up as response to increased demand in recent years. To establish presence globally, new players have to be leaders in the local market first.

Some key participants mentioned in the pharmaceutical grade sodium chloride market report are K+S Group, Akzo Nobel N.V., Dominion Salt Ltd, Morton Salt LLC, and Tianjin Changlu Haijing Group Co., Ltd., among others

Key players are constantly enhancing their manufacturing capabilities by expanding and enhancing existing processing facilities and products, along with investments in the research & development sector to expand their product portfolio and acquire relatively smaller players and increase production capacities.Furthermore, players in emerging markets are focusing on rapid business expansions and increasing value-additions in their product offerings.

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Pharmaceutical Grade Sodium Chloride Market By Category

By Type:

  • API-NaCl
  • HD-NaCl

By Application:

  • Injections
  • Hemodialysis
  • Oral Rehydration Salts
  • Osmotic Agents
  • Others

By Region:

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

A Sneak Peek into the Future Outlook of Market

There has been a significant growth in investments towards R&D in the Asia Pacific region from tier-2 and tier-3 players. The market is expected to remain highly consolidated and is expected to open new opportunities in the future.

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Moreover, the growth of end users such as pharmaceutical, healthcare, and tablet & film coatings, among others is also expected to create favorable conditions for the growth of the global pharmaceutical grade sodium chloride market.

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Ferric Sulphate and Polyferric Sulphate Market | Segmentation, Outlook, Industry Report to 2027

The demand for Polyferric Sulphate and Ferric Sulphate is expected to grow in the coming years owing to the industrial growth taking place worldwide and increase in water management regulations. This revelation is made by a new research report released by Future Market Insights.

The report titled ‘Ferric Sulphate and Polyferric Sulphate Market: Global Industry Analysis 2012–2021 and Opportunity Assessment 2022–2027’presents the complete market scenario of these iron based coagulants.

This comprehensive research study further highlights major factors impacting the growth of the ferric and polyferric sulphate market worldwide and also the most lucrative regional market.

According to the key outcomes of this research on the ferric and polyferric sulphate market, the high rate of global industrialisation is resulting in an increase in water contamination.

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With the increasing awareness in developing countries about water conservation and reuse, governments in these economies are enforcing stringent regulations for proper treatment of sludge. As a result, it has been made mandatory for industries to treat sludge before disposal. Ferric and polyferric sulphate works as a major water treatment chemical and growth in demand is expected to spur in the near future.

Municipal and Domestic to be Dominating End Use Sector

The Municipal & Domestic sector is expected to represent a market attractiveness rating of 5.0 and be a relatively attractive market segment during the forecast period. This segment is expected to account for over 25% market share both in terms of value and volume during the forecast period.

This is a result of increasing efforts towards water conservation activities by industry bodies, municipal corporations and environmental associations. Various regulations have been formed by environmental agencies and government authorities, which aim to achieve water conservation and reduce water pollution.

Sludge treatment is an integral part of such activities. During the forecast period, new water and sludge treatment facilities are expected to come up across the globe, which is anticipated to drive the consumption of sludge treatment chemicals across respective regions. With such trends prevailing in the world, the municipal and domestic sector is expected to reach a market value of over US$ 140 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

APEJ and Latin America to Closely Compete in Terms of Growth Rate

Due to the expansion of key players and the presence of a large number of companies in the Chinese market, APEJ is expected to be the most attractive regional market for ferric and polyferric sulphate during the forecast period. APEJ is expected to witness the largest market size of over US$ 160 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

Other than APEJ, Latin America and Eastern Europe are also expected to be lucrative regions with Latin America CAGR by Value 4.5%. This growth can be attributed to the rising demand for clean water in Brazil, Mexico and other parts of Latin America.

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Ferric sulphate and polyferric sulphateMarket by Category

By Product Type:

  • Ferric Sulphate
  • Poly Ferric Sulphate

By End Use:

  • Municipal & Domestic
  • Power Generation
  • Oil & Gas
  • Chemicals
  • Mineral & Metallurgy
  • Food & Beverages
  • Pulp & Paper
  • Others

By Region:

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

Competitive Landscape

Some of the key players mentioned in the report are Pencco, Inc.,  Altivia Chemicals, LLC, Kemira Oyj, Chemifloc Limited, Hunan Yide Chemical Co.,Ltd., Lubon Industry Co.,Ltd., Chemtrade Logistics Inc.,, Clinty Chemicals, Henan Aierfuke Co. Ltd., BAUMINAS Group, Airedale Chemical etc.

What was the Impact of COVID-19 Crisis on Global Market of Ferric sulphate and polyferric sulphate?

The unprecedented outbreak of the SARS-COV-2 virus in the year 2020 has significantly impacted the global economy as well as affecting the industrial sector. Decrease in demand from the consumers and low production rate of the manufacturing sector has resulted in lower demand for a product. All these have significantly impacted the supply chain network overall impacting the economic growth.

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Low growth in the industrial sector of chemicals, oil & gas, paper and pulp, minerals & metallurgy and others have significantly impacted the business of iron sulphate compounds during the pandemic crisis. However, with the recovery of the economy and improving industrial sector have enhances the demand of sulphates of iron.

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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 5-years.

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Color Detection Sensors Market Is Projected To Reach A Valuation Of US$ 1.52 Bn By 2022-FMI

The global color detection sensors market is projected to reach a valuation of US$ 1.52 Bn by 2022. Demand in the market is expected to increase with rising application of color detection sensors in diverse industries such as automotive, healthcare, industrial automation, and others.

Advent of industrial automation and advancements in technology is improving the adoption of color sensing technology across several industries. This technology is extensively used for detecting color of the surface and to monitor the color consistency in packaging, textile production, and automotive.

On account of this, the overall sales of color detection sensors are expected to surpass US$ 1.98 Bn, exhibiting growth at over 5.6% CAGR during the forecast period (2022-2032). Further, growing penetration of smart devices such as smart phones, LED and OLED television has increased the demand for RGB and brightness sensors.

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In terms of product type, the RGB detection sensors segment is estimated to witness fastest growth in the global color detection sensors market. However, with rising adoption of smartphones worldwide, the sales of contrast and brightness sensors are anticipated to surge by 2032.

RGB sensors are integrated in smart phone devices and tablets to ensure accurate skin tones and color consistency for the camera. For instance, OMNIVISION, announced the launch of new display technology, Nyxel® near-infrared (NIR) technology ?the new OX05B1S, which is the first 5 megapixel (MP) RGB-IR BSI global shutter sensor introduced in the automotive industry for in-cabin monitoring systems (IMS).

Which are the Prominent Drivers Propelling the Color Detection Sensors Market Demand?

Rapid technological advancements in automation industry is propelling the demand for color detection sensors technology across the globe. Burgeoning use of contrast sensors in packaging and printing applications is anticipated to drive the sales in the market.

These sensors are increasingly used to ensure the correct positioning of the packaging material and for synchronized quality inspection in packaging industry. Hence, expansion of packaging sector is poised to create lucrative growth prospects for color detection sensors market players.

Besides this, increasing adoption of RGB (red-green-blue) sensors in smartphones is another major factor driving the demand in the market. With surging use of social media platforms, need for perfect skin tones and color correction for the camera has propelled the sales of color detection sensors.

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Hence, key players are integrating advanced technologies such as real-time data and artificial intelligence to ensure the premium quality of color detection sensors. This is projected to create conducive environment for the color detection sensors market growth.

What are the Challenges Faced by the Color Detection Sensors Market?

High cost for small scale industries is one of the prominent factor expected to hamper the sales of color detection sensors across low- and middle-income countries. Besides this, this technology is easily affected by harsh weather condition and external environment factors.

This is likely to affect the accuracy of color detection sensors, limiting the sales in the market. Hence, some of the leading players are integrating cutting-edge technologies to ensure accurate results, increasing the cost of production.

Why is Asia-Pacific Emerging as Remunerative Color Detection Sensors Market?

Asia Pacific is anticipated to be the most lucrative market for color detection sensors. Increasing automation in various industries such as wastewater treatment, healthcare, and others are creating growth opportunities for the market in Asia Pacific.

Favorable initiatives for the development of oil and gas sector is pushing the adoption of color detection sensors for the extraction of oil and gas, especially across India. This is projected to propel the demand in the market over the forecast period.

Moreover, increasing research and development activities among semi-conductor manufacturing companies for the development of advanced technology and IC-related products will boost the market in Asia Pacific.

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Key Segments Profiled in the Color Detection Sensors Industry Survey

Product Type:

  • Color Sensing
  • RGB Sensors
  • Luminescence Sensors
  • Contrast Sensors
  • Brightness Sensors
  • Others

Industry Verticals:

  • Automotive
  • Food & Beverage
  • Packaging
  • Textiles
  • Pharmaceutical
  • Production unit automation
  • Chemical
  • Lighting & signage
  • Others

End-User Industry:

  • Healthcare
  • Printing
  • Consumer electronics
  • Lighting and signage
  • Industrial automation
  • Fluid analysis
  • Others

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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Wagon Tipplers Market Is Growing At A Promising CAGR And Is Anticipated To Uphold Its Pace During The Forecast Period 2022-2032

The wagon tipplers market is growing at a promising CAGR and is anticipated to uphold its pace during the forecast period. Sales of wagon tipplers are expected to rise as the use of wagons tipplers in metallurgy is also increasing. In addition to this, demand for wagon tipplers is rising on account of an increasing number of power plants being built.

Increasing demand for wagon tipplers in the mining and construction industries is also projected to contribute to the wagon tipplers market share. Some of the critical wagon tipplers market trends promoting the demand for wagon tipplers include end-use sectors such as mining, construction, demolition, aggregate, industrial, and environmental development.

The need for wagon tipplers has expanded globally as industries’ worries about safety and efficiency during product transportation and handling have increased.

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Wagon tipplers provide numerous operational benefits that are beneficial to various industries, hence driving demand for the worldwide wagon tipplers market. The usage of rented wagon tipplers by mining and construction businesses is a factor that inhibits the growth of the wagon tipplers market since rented wagon tipplers save the operational cost and capital involved with wagon tipplers.

The global wagon tippler market is growing as end-use sectors such as mining, aggregate, demolition, industrial, construction, and environmental, among others, expand in various countries. Wagon tipplers are in high demand around the world as industries strive for efficiency and safety when moving or handling goods. Wagon tipplers also give several operational benefits to industries, which is driving demand for the worldwide wagon tipplers market.

What are the Key Dynamics to the Wagon Tipplers Market Share?

A rotary car dumper, also known as a wagon tippler in the U.K, empties the loaded wagon by tilting it. Wagon tipplers are mainly used during raw material transportation. Wagon tipplers are used in industries such as mining and construction for material handling and transportation. Wagon tipplers are driven by hydraulic drive or by electromechanical drive.

Wagon tipplers can be classified as turnover wagon tipplers or C-frame rotary tipplers. Tipplers lift wagons to reduce the depth of the receiving foundation during the operation. The sales of wagon tipplers in industries depend on the material property and its type.

Wagon tippler has eight components such as end rings, clamp assembly, platen assembly, spill truss, wheel grippers, wheel chocks, counterweight, and drive units.

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The growth in end-use industries such as mining, aggregate, demolition, industrial, construction and environmental, etc., are propelling the demand for wagon tippler. The sales of wagon tipplers are growing globally as the industries are focusing on efficiency and safety while transporting or handling the materials.

The wagon tipplers provide many operational advantages to the industries as well, and this is driving the demand for wagon tipplers.

In order to save the capital and operational costs associated with the wagon tipplers, many construction and mining companies are opting for rented wagon tipplers as per the requirement, which is inhibiting the sales of wagon tipplers.

Which is the Key Wagon Tipplers Market?

The global wagon tippler market is expected to register a single-digit CAGR for the forecast period.

Depending on geographic regions, sales of wagon tippler are segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

In terms of sales of wagon tippler, the Asia Pacific and Middle East & Africa are the attractive markets for wagon tipplers. The Middle East & Africa and Asia Pacific are projected to register a single-digit growth rate during the forecast period.

North America and Western Europe sales of wagon tippler are projected to register a stable CAGR during the forecast period. Slow but stable economic growth, growing mining and construction industry, and innovative and advanced technologies are factors fuelling the demand for wagon tipplers in North America.

How Strong is the Competition in the Wagon Tipplers Market?

Key market participants in the global wagon tipplers market are Metso and LMM Group, Elecon Tipplers, ThyssenKrupp Industries, HEYL & PATTERSON.

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The sales of wagon tipplers are segmented by Type Mini Wagon Tippler, Large Wagon Tippler (Payload>1 Ton), and By Application Mining, Construction, Metallurgy, Other

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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Manufacturers In The Dust Control Systems Market Intend To Create High-Performance And Affordable Dust Control Systems-FMI

The global dust control systems market is expected to surge at a CAGR of 5% during the forecast years of 2020-2030. Dust control systems are the systems used to suppress or collect the dust produced by industrial processes involved in the cement manufacturing, steel production and mining activities.

The rise of this market will be attributable to the increase in air pollution over the past decade. Furthermore, adoption of dust control systems in industries to avoid contamination will also boost the market in the next ten years.

Importance of Hygiene in Food Packaging to Boost Market

Growing health awareness and rising technological advancements with regards to dust control systems across various industries are expected to favour market growth. The demand will remain especially high in the food and beverage industry as rules pertaining to food packaging get stricter.

High demand for packaged food, rapid industrialization, and worker safety have also been identified as the key factors driving this market. Governments are making immense efforts to introduce regulations and standards on environmental and worker safety, thereby positively impacting the growth of dust control systems market.

Manufacturers in dust control systems market are planning to develop high-performance and cost-effective dust control systems for enhancing clean production process. In the near future, key players and manufacturers are planning to increase the production and sales of customized dust control systems in order to cater to need for controlling particular type of dust.

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For instance, dust in mining activities and road construction demand specific features in dust control systems. Vigilance in maintaining good health of workers will prove to be essential to market growth

Wet Suppression Technique to Lead Global Market due to Effectiveness

On the basis of type, the global dust control systems market is segmented into dry collection and wet suppression. Dry collection systems use bag houses with fabric filters that vacuum dust from the source and collect it in a hopper for disposal.

Meanwhile, wet suppression systems use water sprays that are commonly engaged in controlling of the fugitive dust from roads, piles, and processing operations. Water spray systems are the most common wet suppression technology. This technology is widely used to maintain mining and industrial facilities in compliance with local, state, and federal laws that regulate dust emissions.

Few wet suppression systems use foams or surfactants for specialized application to improve performance, especially for materials like petroleum or coal that are difficult to wet.

On the basis of end users, the global dust control systems market is segmented into construction, mining and metallurgy, energy, food and beverages, chemicals, pharmaceuticals, and oil and gas. While construction and mining have led the market for a long time, analysts believe that the food and beverages market will take the lead.

Concerns about hygiene and extremely strict measures about food packaging are expected to give this segment the much-needed push. Growing number workforce and hectic lifestyle have led to a high demand for packaged food, which is also projected to contribute to the market in the near future.

Asia Pacific to Emerge as a Critical Contender as Industries Flourish

North America has dominated the global dust control systems market in terms of market revenue. Better hygiene and availability of sophisticated machinery have been key factors driving this regional market. However, in the coming years, Asia Pacific & Japan are projected to expand at a substantial growth as mining and food and beverages industries flourish.

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Growing population and improving disposable incomes in this region is also expected provide the market with lucrative opportunities.

Global Dust Control Systems Market: Key Players

The key operating in the global dust control systems market are New Waste Concepts Inc, Colliery Dust Control (Pty) Ltd, EnviroSystems LLC, Camfil APC, National Environmental Service Company, United Air Specialists Inc, Sealpump Engineering Limited, Dust Control Systems Ltd, Dustcontrol Canada Inc, C&W Manufacturing and Sales Co, Dust Solutions Inc., and Piian Systems.

How Will Growth Unfold

In the coming months, growth of the global dust control systems market will depend on how the pandemic unfolds. As industries try to lift lockdowns, they will be faced with the biggest challenge of restoring normalcy amongst migrant workers.

This will be a predominant factor in developing economies of India and China that have put Asia Pacific in the lead. However, as agricultural activities will revive in full swing amidst food security challenges, the dust control systems market will have significant opportunities to bank on.

About Future Market Insights (FMI)

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

Contact:

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