Dry Ice Market Overview and Forecast to 2032 Top Players Central McGowan, VICTEX, ASCO CARBON DIOXIDE LTD

Demand for dry ice is projected to grow at an 8% CAGR to $300 million by 2032. The market is projected to be worth US$138.95 million in 2022 and to grow by a factor of two during the following ten years.

Rapidly increasing demand for frozen foods and growing use of dry ice as refrigerant across the food and shipping industries is anticipated to significantly drive the growth of dry ice market. Notable growth in transportation industry is expected to support the shipping of products, thereby holding impressive revenue growth opportunities for dry ice market.

Grocery stores and healthcare industry are anticipated to create lucrative growth opportunities for the growth of dry ice market with rising lengthy transportation trips in the forthcoming years. However, inability of dry ice in long-term storage might restrain the growth of dry ice market in the forthcoming years.

Dry Ice is solid form of carbon dioxide. Solid carbon dioxide is characterized by phase change from solid state directly to gaseous state without undergoing change into liquid state with an increase in temperature. As such, it does not lead to any residue post the phase change and hence is rightly termed as Dry ice. Dry ice manufacturing process involves initially compressing and cooling gaseous carbon dioxide to yield liquid carbon dioxide. In the next step, this liquefied carbon dioxide is allowed to undergo expansion following which it is pressurised to yield solid carbon dioxide or dry ice.

Dry ice is often used instead of traditional water based ice due to relatively lower temperature(-79 degrees) of dry ice as compared to that of water based ice at the same time it does not melt into a liquid form, rendering it free from waste generation. Moreover, dry ice is non-flammable and non-toxic as opposed to some of the other refrigerants used.

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Dry Ice Market: Region-wise Outlook

On the basis of geographic regions of the globe, global Dry Ice market is segmented into seven major geographic segments. These key market segments are North America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East & Africa and Latin America Dry Ice market.

Dry Ice Market: Key Players 

Some of the identified major participants of the global Dry Ice market are as follows:

  • Continental Carbonic Products, Inc.
  • Yara International ASA
  • Dry Ice Corp.
  • Dry Ice UK Ltd
  • Praxair Technology, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies and application industry.

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Key Segments Covered in the Dry Ice Market Report

Type:

  • Dry Ice Pellets
  • Dry Ice Blocks
  • Other Dry Ice Types

Application:

  • Dry Ice for Food & Beverages
  • Dry Ice for Storage & Transportation
  • Dry Ice for Healthcare
  • Dry Ice for Industrial Cleaning
  • Dry Ice for Other Applications

Region:

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

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Polyethylene Terephthalate Market to Hit US$ 40 Billion by 2032, flourishing at a CAGR of 3.4%

According to forecasts, the global market for polyethylene terephthalate would increase from US$ 27.1 billion in 2021 to US$ 28.6 billion in 2022. Additionally, the industry is anticipated to grow at a CAGR of 3.4 percent to reach almost US$ 40 billion by 2032.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Polyethylene Terephthalate market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Polyethylene Terephthalate market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Polyethylene Terephthalate in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Polyethylene Terephthalate market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Polyethylene Terephthalate market is expected to witness in the upcoming decade.

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Important Questions Answered in the Polyethylene Terephthalate Market Report

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

Polyethylene Terephthalate Market: Competitive Evaluation

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

  • Indorama Ventures Public Company Limited
  • Alpek SAB de CV
  • Sinopec Group
  • Far Eastern New Century Corporation
  • CR Chemical Materials Technology Inc.

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

Key Segments Covered in the Polyethylene Terephthalate Market Research Report

Application:

  • Polyethylene Terephthalate for Sheets/Films
  • Polyethylene Terephthalate for Packaging
  • Polyethylene Terephthalate for Consumer Goods
  • Polyethylene Terephthalate for Other Applications

End User:

  • Polyethylene Terephthalate for Automotive Industry
  • Polyethylene Terephthalate for Electronics
  • Polyethylene Terephthalate for Food & Beverages
  • Polyethylene Terephthalate for Other End Users

Region:

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

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Why Buy FMI’s Report?

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

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Anisic Aldehyde Market to Expand at a 5.2% value CAGR by 2032- Exclusive Report By Future Market Insights

Global demand for anisic aldehyde is projected to be worth US$ 5.3 billion in 2022 and to increase at a CAGR of 5.2 percent to US$ 8.8 billion from 2022 to 2032. In the coming years, the market for anisic aldehyde is anticipated to benefit greatly from the recent rise in middle-class consumer usage of products containing this chemical, particularly in emerging nations.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Anisic Aldehyde market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Anisic Aldehyde market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Anisic Aldehyde in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Anisic Aldehyde market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Anisic Aldehyde market is expected to witness in the upcoming decade.

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Important Questions Answered in the Anisic Aldehyde Market Report

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

Anisic Aldehyde Market: Key Segmentation

Form:

  • Natural
  • Synthetic

Product Type:

  • Shower Gels
  • Soaps
  • Perfumes & Deodorants
  • Creams & Lotions

Region:

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

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Anisic Aldehyde Market: Competitive Evaluation

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

  • BASF SE
  • Atul Ltd
  • Neshiel Chemical Pvt Ltd
  • Parchem
  • AscentFinechem Pvt
  • ltd  and Elan Chemical Company
  • Nandolia Organic Chemicals Pvt Ltd
  • Global Essence

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

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 Anisic Aldehyde market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Anisic Aldehyde 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.

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Flat Glass Market will Record a Sluggish 5.2% CAGR through 2032- FMI Study

Global demand for flat glass is projected to be worth US$ 5.3 billion in 2022 and to increase at a CAGR of 5.2 percent to US$ 8.8 billion from 2022 to 2032. Market growth may be influenced by rising consumer demand for durable, cost-effective, and energy-efficient products as well as a shift in consumers’ preferences for glass in interior and exterior building constructions.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Flat Glass market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Flat Glass market is expected to witness in the upcoming decade.

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Important Questions Answered in the Flat Glass Market Report

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

Flat Glass Market: Key Segmentation

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

Glass Type:

  • Toughened Flat Glass
  • Laminated Flat Glass
  • Coated Flat Glass
  • Extra Clear Flat Glass
  • Mirrored Flat Glass
  • Patterned Flat Glass
  • Annealed Flat Glass

Application:

  • Flat Glass for Silicones
  • Flat Glass for Agriculture Chemicals
  • Flat Glass for Pharmaceuticals
  • Flat Glass for Chemical Intermediates
  • Flat Glass for Personal Care
  • Flat Glass for Other Applications

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Flat Glass Market: Competitive Evaluation

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

  • Asahi Glass
  • Nippon Sheet Glass
  • Guardian Industries
  • Saint-Gobain

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

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 Flat Glass market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Flat Glass 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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Butyraldehyde Market is expected to reach a Valuation of US$ 360 Million in 2032

The market for butyraldehyde is anticipated to expand at a CAGR of more than 6% during the projected period of 2022-2032. The market is anticipated to grow from a US$ 200 million valuation in 2022 to a US$ 360 million valuation by 2024.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Butyraldehyde market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Butyraldehyde market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Butyraldehyde in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Butyraldehyde market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Butyraldehyde market is expected to witness in the upcoming decade.

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Important Questions Answered in the Butyraldehyde Market Report

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

Butyraldehyde Market: Key Segmentation

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

By Product Type:

  • N-Butanol
  • 2-Ethylhexanol
  • Polyvinyl Buthyral
  • Others

By Application:

  • Paints and Coatings
  • Pharmaceuticals
  • Agrochemicals
  • Polymers
  • Others

Butyraldehyde Market: Competitive Evaluation

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

Some of the major companies are Mitsubishi Chemical Corporation, Tokyo Chemical Industry Co., Ltd., KH Neochem Co., Ltd, Eastman Chemical Company, and BASF SE amongst others.

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

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 Butyraldehyde market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Butyraldehyde 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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3D NAND Flash Memory Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022 – 2032

The global 3D NAND flash memory market is expected to exceed US$ 20.6 billion by the end of 2022 . Sales of 3D NAND flash memory are expected to generate an incremental opportunity of US$ 86 billion by 2032, growing at an exponential CAGR of 17.4 % between 2022 and 2032. The market is expanding due to increased demand for data storage devices with large storage capacities in the electronic sector.

Future Market Insights has recently published a market research report on Global 3D NAND Flash Memory market. The study presents a detailed analysis on the historical data, current and future market scenario for the 3D NAND Flash Memory market.

A non-volatile data storage method known as 3D NAND flash memory employs many layers of memory cells layered three-dimensionally. Memory cells are shifted to a three-dimensional structure in order to significantly increase density by stacking cells either vertically or horizontally on top of one another to conduct charge through NAND strings.

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The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the 3D NAND Flash Memory market in the upcoming decade.

According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the 3D NAND Flash Memory market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the 3D NAND Flash Memory market report and gather data from a wide range of primary and secondary sources.

Impact of COVID-19 on 3D NAND Flash Memory Market

With the onset of COVID-19, there has been a significant impact on the technology sector. Disruptions of electronic supply-value chain and raw material supply have adversely impacted the technology industry. However, there has been a positive impact on the industry with the adoption of remote working. Rapid focus on integrating digital techniques and big data analytics in IT services and technology industry are expected to result in a healthy outlook.

FMI’s recently published report has a chapter exclusively dedicated to COVID-19 impact analysis. This is intended to aid 3D NAND Flash Memory market stakeholders in deploying innovative strategies to overcome the challenges that are likely to affect the 3D NAND Flash Memory market.

3D NAND Flash Memory Market : Competitive Analysis

The FMI’s 3D NAND Flash Memory market report provides a detailed analysis of prominent players as well as emerging companies operating in the 3D NAND Flash Memory market. Some of the key players are:

  • Samsung Electronics Co. Ltd
  • Micron Technology Inc.
  • Toshiba Corp.
  • SK Hynix Inc
  • SanDisk Corp.
  • Apple Inc.

With an extensive SWOT analysis, the FMI’s study provides the strengths, weaknesses, growth prospects and product expansion within the players. The report also offers key players marketing strategies, recent mergers and acquisitions and pricing strategy to gain a competitive edge in the industry.

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Key Segments Profiled in the 3D NAND Flash Memory Market Survey

By Type:

  • Single-Level Cell
  • Multi-Level Cell
  • Triple-Level Cell

By Application:

  • Camera
  • Laptops & PCs
  • Smartphones & Tablets
  • Others

By End User:

  • Automotive
  • Consumer Electronics
  • Enterprise
  • Healthcare
  • Others

By Region:

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

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https://bipolarjungle.mn.co/posts/26709350

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Global Oil And Gas Terminal Automation Market Is Forecast To Register A CAGR Of 7.1% End Of 2026: FMI

According to Future Market Insights’ recent market report titled “Oil and Gas Terminal Automation Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” revenue from the global oil and gas terminal automation market In 2016, it is estimated to be worth US$ 850 million. It is expected to grow at a 7.1 percent CAGR from 2016 to 2026, with a market value of US$ 1,693 million by the end of 2026. Between 2016 and 2026, the market is expected to nearly double.

Growing demand for liquefied natural gas, combined with excess oil and gas production in certain regions of the world, including North America, has resulted in a greater emphasis on the development of storage terminals around the world. As a result, increased investment in the development of oil and gas terminals is expected during the forecast period. This, combined with the current demand-supply scenario, is expected to drive revenue growth in the global oil and gas terminal automation market over the next ten years. During the forecast period, there will be a greater emphasis on the adoption of wireless technology and Internet of Things (IoT)-based terminal automation systems.

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Growing concerns pertaining to cyber security and safety coupled with relatively higher initial capital investment associated with building a completely automated oil and gas terminal are likely to serve as impediments to growth of the global oil and gas terminal automation market between 2016 and 2026.

Segmentation highlights

Global oil and gas terminal automation market has been categorically divided into key market segments based on category and regions. On the basis of category, the market has been segmented into software, hardware, and services segments. These in turn are divided into key sub-segments.

  • The Software category segment is projected to dominate the global oil and gas terminal automation market during the forecast period, accounting for a market share of nearly 38% in terms of value by the end of 2026. On the other hand, the hardware segment is estimated to witness 7.0% CAGR during forecast period to account for a market share of 33.7% in the overall oil and gas terminal automation market by 2026 end. Within the hardware segment, the HMI segment is likely to witness fast growth during 2016 –-2026.

Regional projections

The North America and Asia Pacific excluding Japan (APEJ) markets are anticipated to emerge the dominant regional markets in the global oil and gas terminal automation market throughout the assessed period. Asia Pacific is estimated to project 8.8% CAGR in the forecast period, 2016–2026. The oil and gas terminal automation market in countries in Eastern Europe is also likely to witness steady growth in the next 10 years.

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Vendor insights

The global oil and gas terminal automation market is dominated by a few top market companies such as Honeywell International Inc., Emerson Electric Co., ABB Group, Rockwell Automation, Inc., Yokogawa Electric Corporation, Siemens AG, FMC Technologies, Inc., and Schneider Electric SE. Certain key market companies are increasingly focussing on acquiring smaller players with specialised offerings – for instance, wireless technology based advanced systems – to better cater to the steadily growing global market demands so as to gain an edge over competition.

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

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Market For Barcode Printers Is Expected To Reach $6.76 Billion By 2032, According To FMI.

Over the forecast period of 2016 to 2026, the global Barcode Printers market is expected to grow at a CAGR of 7.4% in terms of sales, owing to factors affecting its end-use. Barcode printers are special printers that are used to produce barcodes and product labels. Barcode printers are distinct from typical printers in that they employ different consumables to create a barcode print image. These printers are built in such a way that they can produce clear, machine-readable barcode prints at quicker printing speeds and for a lower cost.

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A Barcode printer is defined as an electronic device designed specifically for the printing of barcodes. The working principle and build of a barcode printer are slightly different from computer printers as it uses ribbons and labels working in tandem to get a barcode printed. Barcode printers usually don’t have programmable logic controllers, but rely on an external computer system.

Growth in the manufacturing sector is reviving after the 2008 economic crisis. Automation and streamlining of manufacturing processes are being adopted by a large number of manufacturing companies worldwide to reduce time and material wastage, thereby improving efficiency and output. Barcoding is one such technique that is increasingly being adopted. This process has reduced production time considerably in the manufacturing process, thereby driving demand for barcode printers.

Barcodes have become the de facto standard for product information storing and labeling. Retailers worldwide use barcodes for the hassle-free recording of supplies and commodities and their sales to customers. Barcodes imprinted on labels are stuck to the products and they record information about the product count, date of manufacture, date supplied to the retailer, selling price, etc.

When these products are scanned, the information is retrieved and monitored. This entire process, which is achieved within a matter of seconds, not only increases efficiency but also minimizes errors. This has helped retailers record their products and inventory on shop floors and warehouses.

However, the threat of RFID tags as substitutes to barcode labels and the low compatibility of barcode printers with different operating systems act as restraints in the global barcode printer market.

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Segmentation highlights

The market is categorically divided into six segments based on printer type, printing technology, consumables, application, distribution channel, and region. The printer type segment of the barcode printers market includes Desktop Barcode Printer, Industrial Barcode Printer, Mobile Barcode printers and Others.

On the basis of printing technology, the market has been divided into Thermal Transfer, Direct Thermal, Dot Matrix, Laser and Ink Jet. On the basis of distribution channels, the market is segmented as Direct-to-End User, Direct-to-OEM, Dealer/Distributor, and Systems Integrator. On the basis of application, the market has been divided into industrial/manufacturing, transportation/logistics, retail, healthcare, government, and commercial services.

  • The Industrial Barcode Printer segment holds the highest market share of 46.1% closely followed by the Desktop Barcode Printer in the Barcode Printers Market. The Industrial Barcode Printer segment is also expected to dominate in the forecast period with a CAGR of 8.3% due to a preference of sturdy and rugged barcode printers with higher productivity.
  • Thermal Transfer segment holds the highest market share amongst all with 62.8% and is expected to improve further in the forecast period owing to very less cost involved, while Dot Matrix, Laser, and Ink Jet printing technologies are least preferred technologies and are on the verge of being phased out.
  • Dealer/Distributor is the most preferred supply channel and is expected to dominate in the future due to higher distribution efficiency, low supply costs and faster delivery times.

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Regional projections

North America and Western Europe are the most promising regions for the market’s growth owing to higher preference of barcoding technology in different applications, while the market in the Latin America region is on a slow and stagnant growth due to low adoption of barcoding technology. The growth of the Barcode Printers market in APEJ region may also grow at a slower pace due to saturation and slow down of the manufacturing sector in China.

The Industrial Barcode Printer Segment Holds the Highest Market Share in the Global Barcode Printers Market

Desktop Barcode Printer, Industrial Barcode Printer, Mobile Barcode Printer, and Others are the several types of barcode printers available. In the Barcode Printers Market, the Industrial Barcode Printer category has the biggest market share of 46.1 percent, followed by Desktop Barcode Printer.

Due to a desire for strong and tough barcode printers with higher productivity, the Industrial Barcode Printer segment is predicted to dominate in the forecast period with a CAGR of 8.3%.

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Smart Mining Technologies Market is Anticipated to Reach US$ 9 Bn by 2032 | Report by FMI

According to the smart mining technologies market analysis by Future Market Insights (FMI), the demand registered in the market will grow at a CAGR of around 14.3% from 2022-2032. The report states that the market is expected to reach the valuation of US$ 2.3 Bn by end of 2022 and expected to reach US$ 9 Bn in 2032. Surging demand for digitalization and the adoption of IoT devices in mining operations is expected to drive growth in the smart mining technologies market.

Rising penetration of IoT in the mining industry for performance improvements, analytical maintenance, cost optimization and improved safety is expected to boost the smart mining technologies market.

Moreover, most mining companies are inclined towards digitalization to manage mining operations. IoT in the mining industry improves mining operations by improving data accuracy rates, reduction in energy expenditure and predictive maintenance. Also, IIoT (Industrial Internet of Things) can anticipate machine failures during mining, reducing downtimes.

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Within the next five years, several mining organizations are expected to digitize at least some aspects of their operations using operational intelligence systems. Wireless monitoring mining systems digitizes assets with real time performance tracking and connects large number of sensors, eliminating the need for wired monitoring.

Furthermore, increasing investments in predictive maintenance for full integration of network, continuous monitoring and reduced downtimes is fuelling the market demand for smart technologies in the mining industry.

Key Takeaways: 

  • By technology solution, the blockchain-based metal trading platform segment is estimated to grow at a robust CAGR of 17.5% through 2032.
  • By application, the risk & compliance management segment is anticipated to increase at a CAGR of 16.6% between 2022 & 2032.
  • North America region is dominating smart mining technologies market followed by Europe region in 2022. South Asia & Pacific is estimated as the fastest growing region during the forecast period.
  • The market in U.S. is expected to progress at a CAGR of around 10.0% through 2032.
  • In India, smart mining technologies market is expected to grow by 7.6X during the forecast period.
  • Smart mining technologies market in China is estimated to witness the absolute opportunity of US$ 447.3 Mn in the forecast period.

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Smart Mining Technologies Market by Category

By Technology Solution:

  • AI/ML-enabled Supply Chain Management
  • Mining Analytics Platform
  • Blockchain-based Metal Trading Platform
  • Emissions Management Software
  • Others

By Application:

  • Risk & Compliance Management
  • Mining Operations & Process Control
  • Mining Data Warehousing
  • Others

By Region:

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

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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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By 2030, Heat Pumps Is Anticipated That APAC And North America Will Account For 73.9% Of Global Revenue

According to FMI, in the Asia Pacific region, heat pumps will dominate the market for, followed by North America. By the end of 2030, it is anticipated that APAC and North America will hold a combined revenue share of 73.9 percent of the global market.

According to Future Market Insights (FMI), by the end of 2022, the heat pump market will have grown by 3.6 percent annually, reaching a value of about US$ 33,156 Mn.

The initial reduction of energy consumption and carbon emissions from such devices is recognised as a key market driver for heat pumps. Greater residential and construction investment will open up new markets for heat pump suppliers. Between 2022 and 2030, the market is anticipated to grow at a significant rate (CAGR) of 5.4 percent.

The Heat Pumps market in China is expected to rise at nearly 6.7% CAGR over the forecast period. China, one of the largest markets in Asia-Pacific to generate high demand for heat pumps in all three sectors including commercial, residential and industrial. Heat pumps can effectively use clean energy for heating, so they have been widely used in China. The country is expected to reach a value of about US$ 21,011.7 Mn by 2030.

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Amidst the health crisis, cooling as well as heating systems are critical to fulfil the immediate needs of consumers, such as providing thermal comfort in hospitals and homes, preserving food and medicines, and keeping data centers running. In line with this, refrigeration and heat pumps are essential for consumers.

As the world attempts to fight the COVID-19 pandemic, it has led to delayed production across several heat pump production facilities in major coronavirus hit countries such as the US, China, and Germany, This is expected to dampen heat pump sales by around US$ 1 Bn in 2022.

Moreover, the COVID-19 pandemic will significantly impact consumer behavior in the short term, with domestic shipments from China for air source heat pumps (ASHPs) registering drop of over one-third in January 2022.

The heat pumps market will witness v-shaped recovery growth, owing to rising inclination towards innovative construction solutions, especially in countries such as India, China, and Mexico.

Key Takeaways from Heat Pumps Market Study

  • Air-water heat pumps are finding immense use in domestic hot water, floor heating, and space heating/cooling applications.
  • Heat pumps having flexible or twin-speed features to reduce energy consumption and improve overall efficiency throughout are likely to garner substantial traction over the forecast period.
  • Demand for CO2 refrigerant heat pumps is expected to increase, given its excellent recyclability, low cost, and environment-friendly attributes.
  • Hybrid heat pumps are likely to see significant rise in adoption, owing to their high efficiency, lower energy consumption, and cost effectiveness as compared to other heat pumps.
  • Air-source heat pumps continue to grab huge attention of market players, owing to their low installation cost and high demand in North America and Western Europe.

“As the world moves towards sustainable and green energy solutions, heat pumps are expected to replace conventional heating systems rapidly in the near term. In addition, the ongoing coronavirus (COVID-19) spread can alter how companies organize their supply chains in the coming years, with more stress being layed on decentralization”.

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Heat Pumps Market : Competitive Landscape

The study provides vital insights of the competition landscape in the heat pumps market, along with various strategies adopted by prominent players. The heat pumps market is fairly competitive, with manufacturers offering identical products. Some of the key manufactures in the heat pumps market are Panasonic Corporation, Mitsubishi Electric Corporation, Daikin Group, NIBE Group, and Danfoss Group Global.

Market participants are investing in R&D activities to develop new products with better energy efficiency, and are also focusing on providing aftersales services.

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About Future Market Insights (FMI)

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

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Future Market Insights, Inc

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