Construction Anchors Market 2022: Increasing Demand for Efficient Management Practices Report-FMI

The market for pipes worldwide market was valued at US$ 127.2 billion in 2021 and is anticipated to grow at a CAGR of 5.4% to reach US$ 225.5 billion by 2032. The growth is being supported by increasing industrial application, and by the end of the forecast period, this segment is expected to hold more than 25.6% of the market share (2022-2032).

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The demand for high-speed industrial, commercial, and residential construction is expected to grow, which will bolster the market for gas pipes. Additionally, there is a growing need for wastewater management in the municipal and industrial sectors. Governments are having to spend a lot of money on operating and maintaining water and wastewater management systems as well as installing new pipelines as a result.

The audience seating at outdoor venues also benefits from the use of anchors, as they provide a safe and secure way to keep people in their seats during an event. Anchors can also be used to fasten large objects in places, such as sculptures or signs.

The market is witnessing growth due to the increasing demand for new build extensions and project investment in developing countries. The building construction segment is expected to hold the largest share of the global construction anchors market over the forecast period.

“Increasing residential construction activities in the development of smart cities, along with growing demand for construction anchors made from sustainable materials will augment the growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • By Application, retail sales are expected to grow at a CAGR of 6.2% during the forecast period.
  • By product type, the metal segment is anticipated to dominate the market of construction anchors and is further expected to account for about 36.6% of the market share.
  • By sales channel, the retail segment is projected to lead the construction anchors market and is further anticipated to create an absolute dollar opportunity worth US$ 2,033.5 Mn in between the forecast period.
  • In terms of region, construction anchor sales in Europe are estimated to exhibit a CAGR of 6.3%.

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Construction Anchors Market Competitive Landscape

Manufacturers are strategically collaborating with technology partners for long supply relations and to instigate a central control unit for different ADAS technologies.

Summary

The research report analyses the market demand trend for the construction anchors. The global market is based on COVID-19 impact, macroeconomic factors, market trends & market

Among the industry’s key players are Stanley Black & Decker, Inc, Hilti Corporation, Simpson Manufacturing Co., Inc, EJOT Holding GmbH & Co. KG, Misumi Corporation, Ancon Limited, Fosroc Chemicals (India) Private Limited, Unika Co. Ltd, UNIQUE FASTENERS P. LTD , Yuyao City Xintai Hardware Co. Ltd, FIXDEX Fastening Technology, EMC Fasteners and Tools, Ningbo Londex Industrial Co. Ltd, HASM Co. Ltd and others.

background. As per Future Market Insights’ research scope, the construction anchors market report is studied and analyzed in the following segments such as by product type, application, sales channel & regions. The construction anchors market report gives us qualitative and quantitative information about the companies.

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Significant growth in the infrastructure and wastewater management industry and introduction of stringent government regulations are expected to positively impact the growth of the global pipes market over the coming years.

Also, the  rising demand of pipes in residential sectors, large public infrastructure  projects, and places such as hospitals, malls is crating lucrative growth prospects for the pipes market players.

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Bio-Wax Market Forecast to 2032 Key Participants Biosil, Duraflame, BioJouvance, Fisch, Remmers

From 2022 to 2032, the global market for bio-wax is anticipated to rise steadily at a CAGR of 4%. The sector has a 2021 market value of US$ 2 billion and is projected to grow to US$ 2.4 billion by 2022. The market is anticipated to grow significantly over the long term, reaching US$ 3.6 billion in 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 Bio-Wax 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.

Bio-wax is a group of water-soluble organic polymers that are manufactured from bio-based raw materials. It is also manufactured as a byproduct of the biodiesel production process. The applications of bio-wax are cosmetics and personal care products, water protection systems, fire logs, infrastructure building, and paints & coatings.

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Impact of COVID-19 on Bio-Wax Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Bio-Wax market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Bio-Wax Market Report

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

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Bio-Wax 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 Type:

  • Anima Bio-Wax
  • Plant Bio-Wax

By Application:

  • Bio-Wax for Cosmetics & Personal Care Products
  • Bio-Wax for Water Protection Systems
  • Bio-Wax for Infrastructure Building
  • Bio-Wax for Paints & Coatings

Bio-Wax Market: Competitive Evaluation

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

  • Biosil
  • Duraflame
  • BioJouvance
  • Fisch
  • Remmers
  • Chant Oil Co. Ltd.

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 Bio-Wax market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Bio-Wax 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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Flexible Colored PU Foams Market to Record a CAGR of 5%, Valuation to Reach US$ 8.8 Bn by the end of 2032

Global demand for flexible coloured PU foams is projected to be worth US$ 5.3 billion in 2022 and to increase at a CAGR of 5% to US$ 8.8 billion from 2022 to 2032. The rising use of coloured PU foams in the electrical industry is anticipated to present new opportunities during the forecast period.

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

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Important Questions Answered in the Flexible Colored PU Foams Market Report

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

Flexible Colored PU Foams 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.

Cell Structure:       

  • Flexible Colored PU Foams
  • Rigid Colored PU Foams

Application:

  • Flexible Colored PU Foams for Upholstery Furniture
  • Flexible Colored PU Foams for Bedding
  • Flexible Colored PU Foams for Packaging
  • Flexible Colored PU Foams for Automotive Accessories
  • Flexible Colored PU Foams for Construction
  • Flexible Colored PU Foams for Electronics

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Flexible Colored PU Foams Market: Competitive Evaluation

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

  • BASF SE
  • Carpenter Company
  • Bayer Material Science AG
  • Huntsman Corporation
  • Recticel SA
  • INOAC Corporation
  • Saint-Gobain Performance Plastics
  • The Dow Chemical Company Rogers Corporation Stepan Company
  • Era Polymers Pty Ltd

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.

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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 Flexible Colored PU Foams market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Flexible Colored PU Foams 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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Powder Injection Molding Market is expected to cross US$ 6.54 Bn mark by 2032

The CAGR for the global market for powder injection molding is predicted to be 9.3% from 2022 to 2032, which is a healthy growth rate.

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 Powder Injection Molding 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.

On the basis of technology, such as ceramic injection moulding (CIM) and metal injection moulding, the powder injection moulding market may be divided (MIM). The demand from industries including automotive, medical, healthcare, aerospace, consumer goods, industrial machinery, and others is likely to fuel the growth of these technologies.

The demand for powder injection moulding in such applications is projected to be stimulated by rising industrial expansion activities in areas like Asia Pacific and the Rest of the World. Additionally, the recent growth of the machine manufacturing sector presents opportunities for powder injection moulding in a number of interconnected applications.

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Impact of COVID-19 on Powder Injection Molding Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Powder Injection Molding market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Powder Injection Molding Market Report

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

Powder Injection Molding Market: Key Segmentation

By Technology 

  • Ceramic injection molding (CIM)
  • Metal injection molding (MIM)

By Application

  • Automotive
  • Medical
  • Healthcare
  • Aerospace
  • Consumer products
  • Industrial machinery

By Raw Material

  • Stainless steel
  • Soft magnetic alloys
  • Titanium alloys
  • Low-alloy steels

Powder Injection Molding Market: Competitive Evaluation

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

  • ARC Group
  • Advanced Materials Technologies Pte. Ltd.
  • Epsom Atmix Corporation
  • PSM Industries Inc.
  • Plansee Group
  • Indo-US MIM Tec Pvt. Ltd.

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.

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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 Powder Injection Molding market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Powder Injection Molding market

About Future Market Insights (FMI)

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Absorbent Glass Mat (AGM) Battery Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2032-FMI

The global absorbent glass mat(AGM) battery market is estimated to garner US$ 18 Billion while exhibiting a 4.8% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 11.2 Billion in 2022.

The primary factor driving the growth of the absorbent glass mat (AGM) battery market is the number of research and development projects conducted by leading manufacturers, as well as the production of maintenance-free and non-spill batteries with long life. The growing global demand for renewable energy projects is also expected to fuel market demand over the forecast period.

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The UPS segment is likely to offer remunerative opportunities for the global absorbent glass mat(AGM) battery market. Several emerging economies are making significant developments in their automotive sector, thereby, providing lucrative opportunities to players in the market.

Key Takeaways:

  • By application, the UPS segment is expected to record a 3.8% CAGR by 2032
  • By voltage, the 2-4volts segment to expand at a 3.2% growth rate during the forecast period
  • The U.S market to garner US$ 6 Billion and record a 4.5% CAGR from 2022-2032
  • Market in China to procure US$ 1 Billion, expanding at a 4.1% growth rate during the assessment period

“Rising penetration of renewable energy across grids has boosted the need for efficient and flexible energy storage solutions is expected to fuel the demand of absorbent glass mat (AGM) battery market over the forecast period,” says an FMI analyst.

Competitive Landscape

Eminent players of the global absorbent glass mat (AGM) battery market include Clarios, Power Sonic Corporation, Exide Technologies, C&D Technologies, East Penn Manufacturing Company among others. Recent key developments among players include:

  • In November 2021- Clarios entered a strategic collaboration with China Lithium Battery Technology Company (CALB) to develop low-voltage lithium-ion battery systems to address the growing electrical needs of global automaker. The partnership will develop and manufacture low-voltage lithium-ion battery systems with lithium iron phosphate (LFP) cells to support the needs of electric vehicles — combining CALB’s lithium-ion cell expertise with Clarios’ battery system and vehicle integration capabilities.
  • In May 2021 – Exide Technologies, updated its Exide Premium range with a modern new black design with new recycled components for reduced environmental impact. The change will lead to savings of 2,700 tons of CO2, 8 million litres of water and 1.2 million litres of crude oil in Exide’s manufacturing each year.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global absorbent glass mat (AGM) battery market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Type (Stationary, Motive) by Voltage (2-4 Volts, 6-8 volts, 12 volts and above) by end-user (OEM, Aftermarket) by Application (Automotive, UPS, Industrial, Energy storage, others), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

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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Flexible Batteries Market is Expected to Register 25% CAGR over the period of 2022-2032

Demand for flexible batteries is projected to reach US$ 152.49 million in 2022 and expand at a CAGR of 25% to US$ 1,420 million between 2022 and 2032.

The market is expected to grow as a result of rising research and development efforts to create flexible batteries for wearable technology, growing use of thin and flexible batteries in flexible electronics, ongoing electronic device miniaturisation, soaring demand for flexible batteries in IoT applications, and growing use of flexible batteries in medical devices to treat COVID-19 patients.

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 Flexible Batteries 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.

The growing demand for IoT-enabled gadgets and portable consumer electronics in countries like as China, Japan, and South Korea is propelling the APAC flexible battery market. South Korean businesses such as LG Chem and Samsung SDI have created curved and flexible batteries to power their goods such as Smartphones, smart glasses, and wearable electronics. The popularity of smart packaging is growing in APAC, fueling the demand for flexible batteries to be integrated with smart packaging.

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Impact of COVID-19 on Flexible Batteries Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Flexible Batteries market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Important Questions Answered in the Flexible Batteries Market Report

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

Flexible Batteries Market: Key Segmentation

Type:

  • Thin-Film Flexible Battery
  • Printed Flexible Battery
  • Curved Flexible Battery
  • Other Flexible Battery Types

Chargeability:

  • Rechargeable Flexible Batteries
  • Single-Use Flexible Batteries

Region:

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

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Flexible Batteries Market: Competitive Evaluation

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

  • Apple Inc.
  • Blue Spark Technology
  • Brightvolt Inc.
  • Enfucell Oy
  • LG Chem Ltd.
  • NEC Energy Solutions Inc.
  • Panasonic Corporation
  • Samsung SDI Co. Ltd.
  • ST Microelectronics N.V.
  • Ultralife Corporation

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.

About Future Market Insights (FMI)

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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RFID Kanban Systems Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

The size of the RFID Kanban Systems Market is expected to reach US$ 1.6 billion in 2022, according to Future Market Insights (FMI). Sales are anticipated to grow at an impressive 18.1% CAGR, reaching US$ 8.4 billion by 2032, thanks to a positive demand outlook.

The demand for RFID Kanban Systems is anticipated to rise significantly due to the quick growth in demand for smart healthcare and inventory management systems.

The COVID-19 pandemic has created new difficulties for businesses. Retailers are under pressure to take quick actions like returning workers, reassigning them, and shielding customers and staff members from health and safety risks.

Radio Frequency Identification (RFID) has been widely adopted across a wide range of applications as technology has advanced. RFID also has a lot of other advantages, such as batch reading, information processing, resistance to harsh environments, and data storage.

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As data is stored in the cloud, it can be accessed in real time to improve stock accuracy, replenishment, and product availability. Cloud services can improve productivity and accuracy throughout the entire supply chain, making warehouse employees, IT experts, and other critical members of business more efficient.

Industry leaders will continue to develop new ways to take advantage of RFID Kanban system features beyond materials and technology. These systems will become increasingly valued as more than just tags, providing integrated solutions encompassing a wide range of applications and platforms.

Key Takeaways:

  • Growing demand for restocking of products the demand for RFID box segment to grow at a CAGR of 17.5% during the forecast period
  • The U.S. market is expected to reach US$ 3 Billion by 2032, growing at a CAGR of 17.9% by the forecast period.
  • Growing demand for automation businesses in China are expected to grow at a CAGR of 17.4% from 2022-2032.
  • Multi-Bin RFID Kanban Systems is expected to grow at a CAGR of 17.9% during the forecast period.
  • A growing demand for inventory management of drugs in Japan is projected to drive market growth at a CAGR of 16.2% during the forecast period.

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“Supply chain and inventory management using cutting-edge technology and AI will pave the way to a better future for prominent RFID kanban systems manufacturers, leading to enhanced market growth,” remarks an analyst at FMI.

RFID Kanban Systems: Competitive Landscape

New technologies and increasing technological innovations in the market will benefit manufacturers. Strategic partnerships can allow a company to expand its operational capabilities. Business expansion can be made smarter and more dynamic to reduce security breaches and power outages.

  • In December 2021, InvoTech Systems, Inc., a leader in trusted identity solutions, was acquired by HID Global, a worldwide provider of trusted identity solutions. As a result of the acquisition, HID Global’s RFID portfolio grows even further to provide a comprehensive range of advanced textile inventory management solutions for uniforms, linens, and laundry operations.
  • In April 2022, Chipotle Mexican Grill is going to test radio-frequency identification (RFID) technology in nearly 200 of their restaurants and distribution center in Chicago. This test has been developed in collaboration with the RFID Lab at Auburn University. In order to enhance inventory and traceability, the company plans to utilize the technology. With this new technology, Chipotle will be able to respond quickly to concerns about food safety and quality.

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More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global RFID Kanban Systems market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by type (Single Bin RFID Kanban System, Multi-Bin RFID Kanban System), by Component (RFID Box, RFID Base, RFID Shelf/Cabinet, Electronic Shelf Displays, Others), By Application (Supply Chain Inventory Management, Equipment Identification, Track, and Trace Solution, Others) & By Region (North America, Europe, Asia Pacific, Middle East, and Africa, Latin America.

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About Future Market Insights (FMI)

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Dubai
United Arab Emirates
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For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

1,4-Diisopropylbenzene Market is growing with a healthy CAGR of 3.8% between 2021 and 2031

Growing demand for various forms of 1,4-Diisopropylbenzene from diverse industries, particularly  chemicals and electrical & electronics industries is projected to drive the 1,4-diisopropylbenzene market between 2021 and 2031, finds Future Market Insights (FMI) in a recent research study.

As per the study on 1,4-Diisopropylbenzene market is anticipated to exhibit growth at 3.8% CAGR during the coming assessment period.

The growing demand for synthetic lubricants and polymer products is benefiting the market due to the use of 1,4-Diisopropylbenzene as a solvent in paints, synthetic lubricants and polymers used in the automobile and construction industry.

However, stringent regulations imposed on the use of synthetic chemicals that are harmful for environment and human health, coupled with shifting consumer preferences towards cleaner and greener alternatives, is expected to control the sales of 1,4-Diisopropylbenzene.

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Key Takeaways from 1,4-Diisopropylbenzene Market Study

  • 1,4-Diisopropylbenzene market value is expected to total US$ 110.7 Mn in 2021
  • The U.S. is expected to remain a leading market, accounting for nearly 84.7% of sales in North America in 2021
  • Germany, France, and Russia are expected to exhibit steady growth in demand for 1,4-Diisopropylbenzene in Europe. Among these countries, Germany is expected to remain dominant
  • Application of 1,4-Diisopropylbenzene as chemical intermediate will account for maximum sales of nearly 32.6% in the market in 2021
  • China is expected to remain the leading market for 1,4-Diisopropylbenzene within East Asia through the course of the forecast period

“1,4-Diisopropylbenzene application in chemical, electrical and electronics, paints & coatings, and other industries will continue driving growth prospects. In order to capitalize on existing opportunities, market players are focusing on mergers and acquisition. They also intend to expand their capacity through strategic collaborations,” said an analyst at FMI.

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1,4-Diisopropylbenzene Market: Participant Insights

According to the report, Eastman Chemical Company, Sagechem, Goodyear Chemicals, Syntechem Co. Ltd. Tokyo Chemical Industry Co. Ltd., Biosynth Carbosynth among others are identified as key players in the 1,4-Diisopropylbenzene market.

Key manufacturers are focusing on introducing improvements in the 1,4-Diisopropylbenzene to gain competitive edge. Since the market is very niche, some manufacturers are investing a significant amount in research and innovation to explore various applications field and many others are adopting strategic collaborations and agreements to share investments and resources to reduce the risk and increase the revenues in the market.

1,4-Diisopropylbenzene Market by Category

By Product Type:

  • Standard
  • High Purity

By Application:

  • Paints & Coatings
  • Electrical & Electronics
  • Chemical Intermediates
  • Solvents
  • Graphic Arts
  • Others

By Region:

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

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Want to Know More?

Future Market Insights has published a market research report on the 1,4-Diisopropylbenzene market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the 1,4-Diisopropylbenzene market through three different segments- by Product Type, by Application and by Region.

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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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Screw Air End Market Key Players, End User, Demand and Consumption by 2032-FMI

The screw air end market is anticipated to grow annually by 3.4% in 2022 and be valued at roughly US$ 4 Billion. One of the key trends that is anticipated to drive market sales is the growing adoption of oil-free screw air compressors as automation trends gain traction.

Demand is anticipated to rise at a 4.5% CAGR from 2022 to 2032. According to FMI, the global screw air end market accounts for roughly 10.1% of the market for air compressors.

Growing demand for technologically advanced and improved compressors is expected to boost sales in the market. Users switch to newer equipment when the technology underpinning screw air end compressors progresses. New and enhanced technology provides better performance, simplicity of use, and total cost reduction. Screw air end compressor owners are required to repair their equipment regularly.

In emerging economies, industrialization has propelled sales of rotary and reciprocating air compressors. Screw air end compressors are being deployed in cities across Asia, Africa, and South America by an increasing number of manufacturers.

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China, India, and South Africa are some of the most lucrative markets for screw air end compressors on the back of rapid industrialization and urbanization. Screw air end compressors are emerging as ideal equipment for automated industrial processes.

Manufacturers are expanding their product lines with new screw air end compressors. These air compressors are designed to be extremely energy efficient; oil-injected screw air end compressors may cut energy usage by up to 50%.

This endeavour improves the compressor’s efficiency by 15%, and it’s meant to take up less space, generate less noise, and give 12 per cent more free air than prior models.

In the Global Screw Air End market categorized based on Technology, the “Stationary” have relative importance than others due to heavy usage in most applications. Stationary compressors are then divided into two segments oil-lubricated and oil-free.

Stationary air compressors are a great option for home or professional shops that don’t need the unit to move. Electric variants are especially popular since they require less maintenance, are suitable for indoor usage, and are quieter than gasoline-powered models.

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“Rising adoption of oil-free compressors, along with the growing impact of industrial automation across emerging economies will augment the growth in the market over the forecast period,” says an FMI analyst.

Leading Companies Profiled in Screw Air End Market are

  • Atlas Copco
  • Ingersoll Rand
  • Hitachi Ltd.
  • KOBELCO (KOBE Steel)
  • KAESER
  • IHI Rotating Machhinery
  • Anest IWATA
  • Fusheng
  • Eaton Compressor
  • ELGi
  • Howden
  • Rotorcomp Verdichter GmbH

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Key Takeaways:

  • Based on technology, the stationary compressors segment will create an absolute dollar opportunity of US$ 2 Bn over the forecast period.
  • By end-use, the oil and gas sector will offer an absolute dollar opportunity of US$ 431.6 Mn over the assessment period.
  • Sales in the U.S. screw air end market are forecast to grow at a 3.3% CAGR through 2032.
  • India will emerge as a lucrative market, with total sales surpassing US$ 358.9 Mn by 2032.

Global Screw Air End Market by Category

By Capacity:

  • Up to 5HP
  • 5 to 25HP
  • 25 to 50HP
  • 50 to 150HP
  • 150 to 300HP
  • 300 to 500HP

By Technology:

  • Stationary
    • Oil Lubricated
    • Oil-Free
  • Portable
    • Oil Lubricated
    • Oil-Free

By Stage:

  • Single Stage
  • Two-Stage
  • Multi-Stage

By Driver Type:

  • Liquid Driven
  • Gas Driven
  • Electric

By Type:

  • Belt Drive
  • Gear Drive

By End-Use:

  • Oil and Gas Industry
  • Chemical Industry
  • Energy and Transmission
  • Automotive and Aerospace
  • Mining and Minerals
  • Other Manufacturing Industry

By Region:

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

Competitive Landscape

The screw air end market is consolidated with leading players acquiring around 55% to 65%  of the total market share. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include Atlas Copco, Ingersoll Rand, KOBELCO, Hitachi, KAESER, IHI Rotating Machinery, and others.

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About Future Market Insights (FMI)

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Testing, Inspection and Certification Market to Remain Dormant in Near Term, Projects FMI 2022 -2032-FMI

During the forecast period, it is expected that the market for testing, inspection, and certification market will grow at a CAGR of 1.8%.

The testing, inspection, and certification market is expected to grow from its estimated value of US$ 215.0 billion in 2022 to US$ 256.9 billion by 2032.

The market for testing, inspection, and certification is expected to be significantly impacted by the digital transformation of customer services.

The demand for interoperability testing for connected devices and the Internet of Things is driving up the use of testing, inspection, and certification services. Utilizing Testing, Inspection, and Certification (TIC) techniques enables businesses to streamline operations by customizing their supply chain activities to suit their needs and preferences. Government investments in energy, transportation, and building industries are examples of these attributes.

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The expansion of the TIC market is anticipated to be boosted by the rise in the outsourcing of testing, inspection, and certification services by well-known businesses active in the manufacturing, automotive, and consumer goods application areas. The growing demand from businesses and companies for safe and practical testing, inspection, and certification methods encourages the TIC market to expand.

Increased Outsourcing of TIC Services Drive the Global Testing, Inspection, and Certification Market

The expense of internal product testing, certification, and inspection has increased due to the proliferation of laws and standards. As a result, several industry participants have begun outsourcing the TIC services to outside providers. For instance, the revenue of the outsourcing segment is anticipated to increase over the projection period due to the growth of third-party inspection regulations internationally and the strict application of CCC certification in China.

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One of the key drivers for businesses in the global TIC industry is expected to be increased outsourcing of TIC services. Independent TIC service providers are crucial in helping the government carry out its responsibility of shielding customers from dangerous or unreliable products. The Compulsory China Certification, for instance, includes more than 23 product categories, including those for wires, cables, appliances, consumer products, and automobile parts. The need for testing services has significantly expanded in China due to the growth in the revenues of the automotive, industrial, and consumer goods industries, forcing the government to liberalize its market to foreign competitors. The revenue of the outsourcing segment is anticipated to increase throughout the forecast period due to the expansion of third-party inspection regulations on a global scale and China’s strict implementation of CCC certification.

Development in Infrastructure and Renewable Energy Generation Projects in the Growing Economies Creates Lucrative Market Opportunities

The transportation and infrastructure sectors are constantly evolving in the growing economies. It is anticipated that the market will have a sizable growth opportunity since the testing, inspection, and certification are essential components of these industries and the increased demand for the continual expansion of transportation facilities like roads and railroads. The country’s economic growth encourages the improvement of the nation’s infrastructure, which catalyzes the market expansion in other developing economies like China and India. For instance, the government of Vietnam published a proposal for the most recent national power development plan in February 2021. It entails raising the capacity of non-hydro renewable energy sources like wind and solar.

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Demand for the TIC industry is anticipated to increase as renewable energy generation projects are implemented. For instance, in 2017, the Indian market was put in second place as the world’s most desirable market for renewable energy. By 2022, the nation has the most ambitious expansion plan globally, calling for 175 GW of renewable energy. This renewable energy consists of 100 GW of solar, 60 GW of wind, 10 GW of biomass, and 5 GW of small hydropower. Therefore, as testing, inspection, and certification play a significant part in developing such projects, the various governments’ investments in the construction of infrastructure and power plants are anticipated to spur market expansion.

Regional Insights

Asia-Pacific accounts for the largest market share and is estimated to grow at a CAGR of 5.2% during the forecast period. China and India are the most dynamic testing and inspection markets in Asia-Pacific, attributing to the significant increase in manufacturing and commodities exports in the region. The food products export is a prominent contributor to increasing export from India. India’s seafood exports are subject to laws and restrictions specific to that nation or area. As a result, the food industry is expected to grow considerably in inspection and testing. This would increase food safety inspection and sampling openness for the Food Safety and Standards Authority of India (FSSAI).

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About Future Market Insights (FMI)

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com