Market Research Blog – Page 1198 – New Product Development

Surge in Demand for Medical Gloves and Tires Fuels Synthetic Polyisoprene Rubber Market Growth to USD 4.6 Billion by 2032

As per FMI, the market is predicted to be dominated by East Asia, which is expected to continue over the forecast period. Backed by the aforementioned factors, the global synthetic polyisoprene rubber market is projected to top USD 4.6 Billion by 2032.

The demand for synthetic polyisoprene rubber industry is likely to be driven by its widespread application in the manufacturing of tires, belts, footwear, and medical accessories such as medical gloves and medical balloons. The global market is anticipated to expand at a robust 6.2% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis.

Synthetic polyisoprene rubber is widely utilized as a basic material in tire manufacturing. The demand for synthetic polyisoprene rubber has grown due to greater awareness among employers about the use of industrial gloves and increasing demand for medical gloves. In addition to footwear, synthetic polyisoprene rubber is used in the manufacturing of adhesives & sealants, belts, and other products in the industrial and construction sectors, which is driving the synthetic polyisoprene rubber market.

The demand for synthetic polyisoprene rubber is expected to rise due to expansion in the medical sector, improvements in healthcare infrastructure, and rising establishment of hospitals and clinics.

“Over the forecast period, sales of synthetic polyisoprene rubbers are expected to be driven by the significant growth in the medical sector, along with rising production automotives across the globe,” says and FMI analyst.

Key Takeaways:

By application, demand for synthetic polyisoprene rubber for medical accessories is expected to surge at a 6.6% CAGR over the forecast period.
The contact segment of the synthetic polyisoprene rubber market is anticipated to grow at 5.8% CAGR through 2032.
The synthetic polyisoprene rubber market in the US is anticipated to expand at a 5.9% CAGR by 2032.
China will emerge as an attractive synthetic polyisoprene rubber market, with sales growing at a 7.3% CAGR.
A significant rise in the demand for tire production is propelling sales of synthetic polyisoprene rubber.

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Competitive Landscape

Key players in the global synthetic polyisoprene rubber market include

Hebei Meishen Technology Co., Ltd,
Konoshima Chemical Co., Ltd.,
Kyowa Chemical Industry Co., Ltd.,
Lehmann & Voss & Co. KG,
Naikai Salt Industries Co., Ltd.,
Dr. Paul Lohmann GmbH KG,
NUOVA SIMA Srl.

Leading players are acquiring small and medium-sized players and are investing in increasing their production capacity. Along with this, they are investing in process development, and product innovations and are also focusing on green technology to reduce carbon emissions.

For instance:

In April 2022, SEMPERIT AG HOLDING announced its plans to expand its production lines by investing in the construction of six additional dipping lines for glove production. The company is planning to invest EUR 21 million for this construction.
In March 2022, Supermax Corp. Bhd announced to start manufacturing facility for gloves in the USA

More Insights into the Synthetic Polyisoprene Rubber Market Report

In its latest report, FMI offers an unbiased analysis of the global Synthetic Polyisoprene Rubber market, providing historical data from 2017 to 2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on application (Medical, Tires, Belts, Adhesives & Sealants, Condoms, Footwear, and Others), by Contact (Contact & Contactless), and end use (Hospitals, Clinics, Blood and Organ Banks, Teaching Hospitals, Consumer Goods, Industrial, and Automotive & Transportation) across six regions (North America, Latin America, Europe, East Asia, South Asia Pacific, and the Middle East & Africa).

Synthetic Polyisoprene Rubber Market by Category

By Application:

Medical
- Medical Gloves
- Medical Balloons
- Catheters
- Fluid Transport Tubing
- Surgical Tubing
- Laporoscopic Introducer Valves
- Diagnostic Slit Septum Valves
- Ventilator Flapper Disc Valves
- Guidewire Seals
- Needless Injection
Tires
Belts
Adhesives & Sealants
Condoms
Footwear
Others

By Contact:

Contact
Contactless

By End Use:

Hospitals
- Private
- Public
Clinics
Blood & Organ Banks
Teaching Hospitals
Consumer Goods
Industrial
Automotive & Transportation

By Region:

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

Old Source: https://www.prnewswire.com/news-releases/synthetic-polyisoprene-rubber-market-to-reach-us-1-3-bn-by-2032–future-market-insights-inc-301577790.html

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Graphene Nanocomposites Revolutionizing Electronics and Medicine: Market Expected to Reach USD 2,796.7 Million by 2031

The global graphene nanocomposites market share is estimated to have a year-on-year growth with a 37.0% growth rate in 2022, surpassing a valuation of USD 2,796.7 Million by 2031. An opulent CAGR of 32.5% is projected to drive sales throughout the forecast period of 2021 to 2031.

Future Market Insights presents a half-yearly growth comparison between previous projections and the current estimations. Owing to an array of industrial and innovation factors including research and development expenditure, and nanotechnology sector commercialization, advancement in the industrial sector is estimated to boost the growth outlook of the market.

The applications of graphene nanocomposites are multipurpose and used in diverse industries including medical, biomedical and energy storage segments. As per the FMI analysis sales in the graphene nanocomposites market represented 4.5% of the global nanocomposites market in 2020.

Key Takeaways

The rising demand for graphene oxide for diverse applications in medical and biotechnology for cancer biological therapy, cellular imaging and drug delivery are anticipated to push sales in the market.
Owing to the growing demand in electronics, optics, medicine and biotechnology for cellular imaging, cancer therapy and drug delivery, sales prospects of graphene nanocomposites continue to bolster during the projected years.
The primary reasons attributing to the increment in the growth rate incorporates substantial demand for semiconductors, higher demand for electronic items, an adaptation of nanotechnology in healthcare and other end-use industries, etc.
A reasonable increase in the sales of graphene nanoplatelets is witnessed due to the enhanced properties of polymeric materials. Backed by such attributes continues to accelerate market expansion over the projection period.
In order to be in charge, graphene nanocomposites have proved to be effective owing to their significant surface area, high stability, strong charge carrier mobility, and high conductivity.
Countries like the US, China and South Korea are contributing significantly to driving sales of graphene nanocomposites with an impressive CAGR of 30.5% between 2018 and 2020. These countries are estimated to contribute to the market sales throughout the forecast period.

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Competitive Landscape

Leading players operating in the graphene nanocomposites market are investing in strategic business agreements for the commercialization of graphene and are focusing on the incorporation of proprietary and green technology for graphene production. Apart from this, players are focusing on research and development to explore new application areas of graphene nanocomposites that can serve more end uses, to gain a competitive edge.

Key Companies Profiled

Versarien Plc
Haydale Graphene Industries Plc
Graphenea S.A
Applied Graphene Materials PLC
Taiwan Graphene Co., Ltd.
Ningbo Moxi Technology Co., Ltd
Graphene Tech, S.L.
XG Sciences Inc.
NanoXplore, Inc
Directa Plus Plc
Aztrong Inc.

More Insights into the Graphene Nanocomposites Market

According to FMI market analysis China is projected to account for more than one-fourth of the global market share with an impressive revenue of above US$ 623.8 Mn in 2031.

China is expected to dominate the graphene nanocomposites market across the globe. Owing to the increased investment in innovation and development of new products such as new silicon graphene nanocomposites for lithium-ion batteries is expected to spur market growth.

Leading manufacturers in China are heavily investing in the electronics sector contributing to being a chief factor projected to fuel sales of graphene nanocomposites over the forecast period.

The North American region is projected to control the market, accounting for approximately 87.2% of the North American graphene nanocomposites market in 2031. In 2021, the market is expected to grow by 37.2% year on year, reaching a valuation of US$ 42.5 Mn.

Owing to the expansion of the medical and biomedical sector in the US is expected to bode well for the market over the forecast period.

Demand in Russia is projected to account for 17.3% of the Europe graphene nanocomposites market share in 2031. The country is investing in research and development, and graphene has been declared a priority research subject.

Graphene Nanocomposites Markey by Category

By Product Type:

Graphene Oxide (GO)
Graphene Nano Platelets

By Application:

Electronics
Energy Storage
Automotive & Aerospace
Polymer Composites
Medical & Bio-Medical
Water Treatment
Research & Development

By Region:

North America
Europe
East Asia
Rest of World

Things to Know:

Current Market Value: The graphene nanocomposites market reached a valuation of US$ 167.5 million in 2021.
Growth Rate (2018-2020): The market experienced robust growth, exhibiting a 30.5% CAGR between 2018 and 2020.
Key Trends Driving Sales: The incorporation of green technology for graphene production and strategic business agreements for commercialization of graphene are key trends driving sales.
Demand Outlook in North America: The North America graphene nanocomposites market is projected to grow at an impressive 32.1% CAGR during the forecast period.
Market Share in East Asia: The graphene nanocomposites market in East Asia is anticipated to hold a market share of 44.0% by 2031.
USA Market Share: The USA is anticipated to hold a market share of 24.0% in the global graphene nanocomposites market by 2031.

Old Source: https://www.prnewswire.com/news-releases/graphene-nanocomposites-market-projected-to-reach-us-800-4-mn-by-2028–future-market-insights-300812332.html

About Future Market Insights (FMI)

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Residential and Commercial Smart Glass Market Expected to Reach USD 187475.7 million by 2034, Driven by Technological Advancements and Growing Energy Efficiency Concerns

The global residential and commercial smart glass market size is projected to be valued at USD 58248.1 million in 2024 and further increase at a CAGR of 12.4% during the forecast period. Worldwide sales of residential and commercial smart glasses are set to total USD 187475.7 million by 2034.

Smart glass technologies, including voice assistants, self-cleaning properties, and improved energy efficiency, are gaining popularity due to climate change concerns and green building initiatives. Governments are offering tax breaks and incentives for incorporating smart glass technologies in construction projects. As businesses and homeowners become aware of their benefits, they are adopting smart glasses in their homes and construction projects.

As technology advances, smart glasses are expected to become affordable and attractive for various applications. They also enhance the architectural appeal of residential and commercial buildings by providing privacy control without compromising natural light. However, higher initial costs and the need for additional demonstrations are hindering their wider adoption.

Key Takeaways from the Market Report:

The global residential and commercial smart glass market is set to reach USD 187475.7 million by 2034, with a CAGR of 12.4% in the forecast period.
Based on technology type, the electrochromic segment accounted for a market share of 39.4% in 2024.
By end-user, the residential segment is leading with a market share of 54.8% in 2024.
India is anticipated to record a CAGR of 18.4% between 2024 and 2034.
Sales in China are predicted to rise at a CAGR of 13.8% through 2034.

“Consumers are increasingly demanding smart glasses to fulfill the luxurious appeal of their homes. Manufacturers are targeting specialized markets for smart glasses beyond their conventional uses,” Says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

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Who is Winning?

Key players in the smart glass industry, including Gentex Corporation, Asahi India Glass Limited, Glass Apps, LLC, and Kinestral Technologies, Inc., are developing customizable smart glass solutions with features like tint adjustment, integration with smart home systems, and self-cleaning properties. They are investing in research and development to create cost-competitive materials, such as electrochromic or suspended particle display technologies.

They are also innovating for voice control, improved user experience, and automated adjustments based on environmental conditions. They are targeting specialized markets like smart shower enclosures, skylights, commercial space partitions, and greenhouses to diversify consumer categories and generate additional revenue. They are also optimizing production procedures and exploring substitute materials to reduce costs.

Industry Updates-

Zeiss, headquartered in Oberkochen, in January 2024 showcased its Multifunctional Smart Glass Technology that can float “holographic” and AR content on transparent surfaces.
Panasonic, headquartered in Osaka, in September 2023 developed photovoltaic glass with perovskite for power-generating windows with solar cells that can convert the façade into a renewable energy source.

Leading Residential and Commercial Smart Glass Brands

Gentex Corporation
Asahi India Glass Limited
Glass Apps, LLC
Kinestral Technologies, Inc.
NODIS Pte Ltd.
Polytronix, Inc.
RavenBrick LLC
Scienstry Inc.
Smart Glass Technologies Inc.
ToughGlaze (UK) Ltd

Key Segments of Market Report:

By Technology Type:

Based on technology type, the sector is divided into electrochromic, thermochromic, and photochromic.

By End-use:

By end-use, the sector is segmented into residential and commercial. The residential segment is further divided into smart windows and doors, smart glass partitions, smart shower glass, and smart glass walls. The commercial category is segregated into commercial buildings, automobiles, aircraft, marine, consumer electronics, and others.

By Region:

The sector is spread across North America, Latin America, Western Europe, South Asia, East Asia, Eastern Europe, and the Middle East and Africa.

Read Complete Source: https://www.globenewswire.com/news-release/2024/07/26/2919328/0/en/Residential-and-Commercial-Smart-Glass-Sales-Set-to-Total-USD-187475-7-Million-by-2034-Amid-Rising-Trend-for-Comfort-and-Convenience-Future-Market-Insights-Inc.html

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.

Driving Forces Behind the Polymeric Sand Market: Insights on Growth Trends and Opportunities Through 2034

The polymeric sand market size is estimated to be around USD 127.05 billion in 2024. It is projected to exhibit a CAGR of 7.00% over the forecast period and reach a market size of USD 249.94 billion by 2034.

The growing adoption of polymeric sand is also observed among public entities responsible for infrastructure development and maintenance, such as city governments and municipal authorities. They use it for building various public projects like sidewalk construction, park pathways, and streetscaping initiatives. The market for polymeric sand is also driven by the preference for sustainable and environmentally friendly construction materials.

With the revival of the construction sector, especially after the pandemic, polymeric sands are experiencing increasing demand from various construction firms, including professionals and contractors involved in residential, commercial, and municipal projects. This growth is due to the benefits of polymeric sand, such as weed prevention, durability, and ease of maintenance.

The adoption of polymeric sand is also touching the skies due to the rising disposable income and improving standards of living in the global middle-class population. This growth is further fueled by the increasing demand for landscaping and hardscaping projects in both residential and commercial sectors, especially in emerging economies like India, China, the United Kingdom, etc.

Key Takeaways from the Market Study

The polymeric sand segment dominates the market, accounting for a share of 82.10% in 2024.
On the basis of the application, the patios segment leads the polymeric sand market with a share of 34.70%.
The polymeric sand market in the United States is anticipated to grow at a CAGR of 35.10% through 2034.
The polymeric sand market in India is estimated to rise at a 15.10% CAGR through 2034.
The polymeric sand market in China has the potential to increase at a CAGR of 25.40% through 2034.

What are the Factors Driving the Growth in the Polymeric Sand Market?

“Increasing Demand for Enduring Protection Solutions to Harsh Weather Conditions to Boost Polymeric Sand Market”

Various types of sand are being used to fill joints between different kinds of pavers such as brick pavers, stone pavers, asphalt pavers and concrete pavers. However, these sands are subjected to erosion and corrosion. This has paved the way for more efficient bonding products such as polymeric sand.

Unlike regular sand, polymeric sand cannot be washed away by heavy rain or floods. It can withstand extreme climatic conditions, increases the durability of pavements, and restricts the growth of weed.

Growing demand for strong and durable protection solutions across the building and construction industry is anticipated to boost the sales of polymeric sand during the forecast period.

Report Preview: https://www.futuremarketinsights.com/reports/polymeric-sand-market

“Rapid Expansion of Residential and Commercial Sectors to Spur the Growth of Polymeric Sand Market”

Growth of polymeric sand market is directly linked to the expansion of building and construction industry as application of polymeric sand is increasing. Besides this, rapidly growing population across the world is generating demand for proper housing facilities.

This in turn is expected to push the sales of construction materials such as polymer sand and the trend is likely to continue in the future. Moreover, improved standard of living and growing inclination towards adding luxurious structures such as swimming pools and patios to homes will further expand the polymeric sand during the forecast period.

“There is still limited to no awareness about the advantages of polymeric sand over its traditional counterparts. Companies involved in the polymeric sand market must launch educational initiatives to raise awareness among consumers about the benefits of polymeric sand. This includes providing information about its weed-prevention properties, stability enhancement, and long-term cost-effectiveness compared to traditional alternatives like regular sand,” – says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

Category-wise Insights

Which is the Top Selling Product Type in the Polymeric Sand Market?

“Growing Adoption of Polymeric Sand in Numerous Applications Triggering Sales”

By product type, the polymeric sand segment is projected to hold the majority of revenue share during the forecast period. This is attributable to the increasing adoption of polymeric sand for a wide range of applications such as footpaths, patios, and parking spaces.

Polymeric sand generates minimal dust, increases durability and weight bearing capacities of structures which makes it ideal for joining pavements for driveways, footpaths, and other auxiliary spaces along roads.

Which is the Chief Application of Polymeric Sand?

“Polymeric Sand to Remain Highly Sought-After Material for Pavement Construction”

Based on application, the footpaths segment accounts for the largest market share in 2024 and is forecast to grow at a faster rate as compared to others.

Increasing investments in building new roads as well as in rejuvenating old ones is anticipated to further boost the sales of polymeric sand sales for development of footpaths during the assessment period.

However, the patios segment is projected to experience significant growth due to rising adoption of polymeric sand for the construction of patios.

Which is the Leading End Use in the Polymeric Sand Market?

“Majority of Polymeric Sand Sales to Remain Concentrated in Residential Sector”

Based on end use, the residential segment accounts for the largest revenue share in 2024 and is projected to continue its dominance over the assessment period.

With the rapidly growing world population, there has been remarkable expansion of housing industry. Homeowners are spending large amounts on improving the aesthetic features of their homes. This is anticipated to boost the sales of polymeric sand during the forecast period.

Polymeric sand is being utilized for plastering, tamping and levelling purposes in residential applications. It has become highly sought-after material for constructing landscape edging, patios, pool decks and several other structures in residential sector.

Competitive Landscape

The polymeric sand market is highly competitive, with numerous companies catering to the demands of both private and public construction entities. Prominent companies in the polymeric sand market include Techniseal, Sakrete, Alliance Designer Products, Sable Macro, SRW Products, Quikrete, TCC Materials, Pavestone, Fairmount Santrol, and GCP Applied Technologies.

These companies are constantly innovating and bringing new formulations into the construction sector to promote sustainability in the industry. Government support and incentives in many countries are also aiding the growth of these companies.

Recent Developments

In July 2022, BMC introduced an innovative solution for pothole repair, using geopolymer and rapid hardening concrete technology. This innovative approach combines sand, stone, and polymer to expedite road restoration, enabling roads to reopen to traffic within a remarkably short timeframe of two hours post-application.
In July 2022, Oldcastle APG completed the acquisition of Barrette Outdoor Living, a prominent manufacturer of fencing, railing, and outdoor products across North America. This strategic acquisition significantly bolstered Oldcastle’s product portfolio, expanding its offerings to customers and reinforcing its position as a leading provider of durable outdoor solutions.
In April 2019, Wynnchurch Capital, LLC successfully acquired Alliance Designer Products, Inc., a renowned manufacturer specializing in polymeric sand and associated installation products for both residential and commercial hardscaping projects. Founded in 2003, Alliance catered to markets in Canada, the United States, and Europe from its headquarters in Mirabel, Québec.

Key Segmentations

By Product Type:

Polymeric Sand
Polymeric Dust

By Colour:

Beige
Gray
Black & Others

By Application:

Footpaths
Patios
Pool Decks
Parking Spaces
Pavements & Auxiliary Spaces

By End Use:

Residential
Commercial
Infrastructural

By Region:

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

Read Complete Source: https://www.globenewswire.com/en/news-release/2024/07/17/2914646/0/en/Polymeric-Sand-Market-to-Reach-USD-249-94-Billion-by-2034-with-a-CAGR-of-7-00-Future-Market-Insights-Inc.html

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.

Calcium Sulfate Market Demand Set to Reach USD 338.54 billion by 2033, Driven by Rising Demand in Construction and Manufacturing Sectors

With a melting point of 1,400°C, calcium sulfate is an odorless, white, crystalline powder. It exists in nature as a powder that is both hydrated and anhydrous. In addition to selenite, satin, light spar, terra alba, and satinite, calcium sulfate can also exist in other forms. Plaster of Paris is (POP) made when calcium sulfate loses a certain amount of water molecules when heated.

In 2023, the calcium sulfate industry share is expected to be worth USD 266.84 billion, and by 2033, it is anticipated to reach USD 338.54 billion. Calcium sulfate sales are anticipated to increase at a CAGR of 4.1% over the forecast period.

POP changes into a hard mass when water is added and this mass is used to make plaster casts, wall plasters, and other things. In addition, calcium sulfate is used as a drying agent in chemical labs, as a coating agent in the paper industry, as a color pigment in paints, and as a soil conditioner in the agriculture sector.

The key reason propelling the growth of the global calcium sulfate market is the rise in the usage of calcium sulfate in construction products, including rapid setting types of cement, plaster of Paris, and wall plasters. Also, it is frequently used in dental offices as a tool for creating casts or dental impressions, which supports market expansion.

The demand for calcium sulfate, which is used as a surface sizing agent and a pigment to create coated paper with high brightness and whiteness, is being driven by the expanding pulp and paper industry. Additionally, the market is anticipated to expand at a faster rate since there is an increasing need for calcium sulfate as a calcium supplement that is essential for cell and bone growth.

The market is also anticipated to rise as a result of an increase in the usage of calcium sulfate as a desiccant and an inactive component in medicinal medications. Potential development prospects for market expansion are anticipated to come from the rapidly expanding applications across several end-use sectors and the rising demands from emerging nations.

Given the increasing demand for calcium sulfate in emerging nations like China and India, the Asia-Pacific region represented the maximum market share for calcium sulfate in 2022 and is anticipated to keep that position going forward. Over the forecast period, China is anticipated to retain its supremacy in the calcium sulfate market. This is a result of the growing construction industry in the country. The demand for calcium sulfate as an additive, reducing, and drying agent is predicted to rise over the forecasted period and is proving to be a key driver for the calcium sulfate market growth in this region.

KEY TAKEAWAYS

The market in the United States has grown significantly in 2022 holding a 10.7% share of the global market.
The market in China is expected to grow at a CAGR of 4.1% over the forecast period.
The market in the United Kingdom is anticipated to grow at a CAGR of 2.7% through 2033.
With a CAGR of 5.8% over the forecast period, India is predicted to grow rapidly in the market.
Germany accounted for 3.8% of the global market in 2022.

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COMPETITIVE LANDSCAPE

The top manufacturers of the calcium sulfate market are

USG Corporation
Solvay SA
Honeywell International Inc.
Beijing New Building Materials PLC
Penta Manufacturing Company
Boral Limited
Compagnie de Saint-Gobain SA
YOSHINO GYPSUM CO., LTD.
JONOUB GYPSUM
PABCO Building Products, LLC
Celtic Chemicals Limited
Georgia-Pacific LLC

To meet the rising demand from several end-use sectors, such as construction, food and beverage, and pharmaceuticals, manufacturers in the calcium sulfate market are concentrating on creating high-quality goods. In order to lessen their influence on the environment and adhere to rules, they are also implementing sustainable production techniques. Also, to reach new markets and boost their market share, firms are extending their global reach through strategic alliances and acquisitions.

RECENT DEVELOPMENTS

In July 2022, Alberta-based CGC Inc., a Canadian unit of USG Corporation, aims to open a brand-new, slashing wallboard manufacturing facility in Wheatland County. This investment could further enable CGC to provide even greater service to its devoted customers in Alberta and the West, and it also demonstrates CGC’s commitment to the Canadian market.
In order to reduce the cost of building construction and boost productivity and speed of implementation, Jonoub Gypsum Co. started manufacturing its new product, “Mixed soil and gypsum (Soil Gypsum)” in July 2018.

Market Segmentation

By Product Form:

Anhydrous
Hydrated

By Grade:

Technical Grade
Food & Pharma Grade

By Function:

Coagulant
Thickening Agent
Excipient
Desiccant
Additive
Intermediate

By End-use:

Construction
Agrochemicals
Food & Beverages
Cosmetic & Personal Care
Pharmaceuticals
Paints & Coatings
Paper

By Region:

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

Old Source: https://techbullion.com/calcium-sulphate-market-projected-to-grow-at-a-cagr-4-1-during-the-forecast-period/

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Industrial Cleaner Market to Reach USD 43.91 billion by 2034: Driving Factors and Future Projections

In 2024, the market is expected to be worth a staggering USD 26.20 billion, driven by increasing demand for industrial and institutional cleaning chemicals. Future Market Insights forecasts that the industrial cleaner market sales is likely to see significant growth in the coming years. The projected compound annual growth rate (CAGR) of 5.2% between 2024 and 2034 is expected to propel the market to reach a value of USD 43.91 billion, indicating a positive outlook for the industrial cleaner industry.

The industrial cleaning method has been completely transformed by recent advancements in cleaning technology. Developing new and sophisticated cleaning solutions has made industrial cleaners more and more successful in getting rid of even the toughest filth and grime. Modern cleaning technologies are revolutionizing the industrial cleaning industry, providing employees with a safer and more sanitary work environment and improving the overall efficiency of industrial facilities.

The need for industrial cleaners has significantly increased due to the rapid rise of the manufacturing sector and industrialization. The demand for effective and efficient cleaning solutions has grown as businesses expand their operations and manufacturing facilities. As a result, several industrial cleaners have been created to address the different kinds of filth, grime, and pollutants that are frequently found in manufacturing and industrial environments.

The need to maintain good standards of cleanliness and hygiene in the workplace has increased due to the current emphasis on health and safety. With the need to properly eradicate dangerous bacteria, viruses, and germs, there is a growing market for high-quality industrial and institutional cleaning chemicals.

“The market for industrial cleaners is experiencing a surge in demand due to environmental concerns. Businesses are adopting environmentally responsible practices to reduce their carbon footprint. This trend drives the demand for safe, effective, eco-friendly cleaning solutions. The demand for these cleaners is expected to continue rising as consumers become more environmentally conscious about their purchasing decisions. The demand for sustainable and eco-friendly cleaning solutions is expected to continue growing as businesses strive to reduce their carbon footprint.” says lead analyst at Future Market Insights

Key Takeaways from the Industrial Cleaner Market

The United States industrial cleaner industry is projected to experience a CAGR of 25.4% through 2034.
Germany’s industrial cleaner market is expected to demonstrate a CAGR of 15.8% through 2034.
Japan’s industrial cleaner industry is anticipated to see a CAGR of 10.5% through 2034.
The India industrial cleaner industry is likely to showcase a CAGR of 8.2% through 2034.
China’s industrial cleaner market is expected to display a CAGR of 20.3% through 2034.

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Competitive Landscape of the Industrial Cleaner Market

Key Companies in the Industrial Cleaner Market

BASF SE
Croda International plc.
Huntsman Corporation
Solvay S.A.
Dow Chemical Company
Evonik Industries AG.
Mitsubishi Chemical Holdings Corporation
Akzo Nobel N.V.
Clariant AG
Ecolab Inc.
3M Company
Stepan Company
Quaker Chemical Corporation

The Dow Chemical Company is renowned for its cutting-edge cleaning solutions and dedication to sustainability, making significant research and development investments to produce environmentally friendly products. While Ecolab Inc. offers a range of water and energy-efficient cleaning and sanitation solutions, BASF SE provides tailored solutions for industrial clients.

While Solvay SA places a higher priority on sustainability and develops cleaning products with a low environmental effect, Clariant AG places more emphasis on innovation and teamwork. In the next decade, these industrial cleaner industry leaders are expected to keep creating tailored, eco-friendly cleaning solutions that more effectively fulfill changing industrial customer demands.

Recent Developments in the Industrial Cleaner Market

Vapor Fresh Multi-Surface Cleaning Wipes are a new industrial cleaning wipe that Vapor Fresh and Wexford Labs are launching together in September 2023. These wipes provide an alternative to conventional wipes that expose the public to dangerous chemicals like benzalkonium chloride and quaternary ammonium compounds. They are made to raise safety standards in industrial settings.
The Pumice Company sold its Pumie brand of abrasive cleaning products to Summit Brands in September 2023, solidifying its position in the industry and creating fresh growth prospects. Pumie is a powerful, non-toxic scouring solution frequently used in the restaurant and professional cleaning industries to eliminate hard build-up.

Key Segments

By Product Type:

Acidic Cleaner
Optical Effect Products & Stabilizers
Surfactants
De-foaming Agents
Disinfectants
Degreasers
Deodorizers
Refinery Specific Cleaner
- Decontaminants
- Spill Cleanup & Others

By End-use Industries:

Oil, Gas & Petrochemicals
Power Generation
Metallurgy
Chemicals
Food & Beverages
Paper & Print
Sugar
Textiles
Other Manufacturing

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

Read Complete Research: https://finance.yahoo.com/news/industrial-cleaner-market-set-surge-173000059.html

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Car Wash Detergent and Soap Industry Sales are Projected to Reach USD 16702.2 million by 2034 Driven by Rising Car Ownership and Eco-Friendly Demand

The global car wash detergent and soap market demand is expected to reach USD 10060.4 million in 2024 and is forecasted to grow at a rate of 5.2% from 2024 to 2034, reaching total sales of USD 16702.2 million by 2034. Demand in the car wash industry is being fueled by the need for professional car wash centers amid the growing awareness to maintain car hygiene and appearance.

The global surge in vehicles on the road is expected to increase the demand for car wash services. Premium car wash products are expected to experience increased demand due to the rising awareness among consumers regarding the importance of maintaining car hygiene and appearance. The industry has a growing demand for sustainable car wash detergents and soaps. Changing consumer preferences are expected to pave the way for innovation in the sector.

Growth in online shopping enables consumers to easily purchase car wash detergents and soaps, opening up opportunities for direct-to-consumer sales. Collaboration with the chemical industry will enable manufacturers to establish a steady regulatory framework and ensure a sustainable supply chain for raw materials.

Increasing Vehicle Fleet Size and Per Capita Spending in Developing Nations to Support Spending on Car Care

Rapid urbanization and population growth, primarily in developing countries, are expected to lead to economic development. Uncontrolled rapid urbanization will lead to the expansion of automotive fleet size, which is expected to create significant opportunities for the automotive aftermarket and in turn fuel the demand for car wash detergents and soaps.

Over the years, there has been a significant shift towards professional car washing, due to the changing preference of owners and increasing focus towards car care. Attributing to this, there is an increase in the demand for different car care products to maintain the looks and aesthetics of vehicles, which is positive impacting the car wash detergents and soaps market.

In recent years, car owners have been proudly taking ownership of their cars and emphasizing on vehicle maintenance. Attributing to this, there has been a rise in the spending on car washing activities. The increasing per capita spending of developing nations is also contributing to the increasing spending on car care, which is driving the growth of the car wash detergents and soaps market.

Key Takeaways from the Market Report

The global car wash detergent and soap market is set to reach USD 16702.2 million by 2034, with a projected CAGR of 5.2%.
Based on product type, presoaks accounted for a market share of 28.9% in 2024
By form, liquid is leading with a value share of 70.9% in 2024.
India is anticipated to record a CAGR of 7.7% between 2024 to 2034.
Sales in China are projected to rise at a CAGR of 5.8% by 2034.

“Busy lifestyles are driving the demand for convenient car wash solutions and professional car care services,” says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

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Who’s winning?

Leading car wash detergent and soap companies including Spectrum Brands Holdings Inc., Kao Corporation, 3M Company, and Turtle Wax Inc., are working toward adapting to changing consumer demands. They are developing sustainable products and cleaning solutions to attract the eco-conscious consumers. They are also focusing on regional preferences, self-service car washes, and subscription boxes. Nano-technology is being integrated to enhance cleaning capabilities and incorporate in-built water-repellent properties to revolutionize car care routines.

Industry Updates

HD Hyundai Oil Bank, in May 2024, signed an agreement with Come in Wash, a no-brush car wash service operator to accelerate the distribution of an automated no-brush tunnel wash system to its gas station.
ScrubaDub, New England’s leading car wash company since 1996, in February 2024, announced the opening of its newest location in Worcester, MA.

Leading Car Wash Detergent and Soap Players

Spectrum Brands Holdings Inc.
Kao Corporation
3M Company
Turtle Wax Inc.
Mothers Polishes Wax Cleaners Inc.
Lee Soap Inc.
Shore Corporation
JBS Industries
Griot’s Garage
Stinger Chemical Corporation

Liquid Detergents Lead the Car Wash Market with Versatility and Efficiency

In 2024, liquid detergents are set to capture a commanding 70.9% value share in the car wash market. Their adaptability to various washing methods makes them a go-to choice for both professionals and budget-conscious consumers. Easily diluted with water, these detergents offer precise control, ensuring an efficient and thorough clean.

Dominating commercial and automated car wash systems, liquid detergents are favored for their convenience and effectiveness. Widely available in retail and car care shops, manufacturers are now innovating to create eco-friendly, water-saving, and high-performance options, solidifying their position at the forefront of the market.

Get More Insights into the Car Wash Detergent and Soap Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the car wash detergent and soap market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the industry potential, growth, and scope, the industry is segmented based on product type (pre-soaks, foam detergents, drying agents, triple foams, surface protectants, wheel cleaners, and shampoo), form (liquid, gel, and foam-based), sales channel (department stores, supermarkets and hypermarkets, automotive parts outlet, online retailing, and franchise outlet), and region (North America, Latin America, Western Europe, South Asia, East Asia, Eastern Europe, and the Middle East and Africa).

Key Segments of Market Report

By Product Type:

By product type, the sector is segmented into pre-soaks, foam detergents, drying agents, triple foams, surface protectants, wheel cleaners, and shampoo.

By Form:

Based on form, the sector is divided into liquid, gel, and foam-based.

By Sales Channel:

Sales are carried out by department stores, supermarkets and hypermarkets, automotive parts outlets, online retailing, and franchise outlets.

By Region:

The industry is spread across North America, Latin America, Western Europe, South Asia, East Asia, Eastern Europe, and the Middle East and Africa.

Source: https://www.globenewswire.com/news-release/2024/08/19/2932264/0/en/Car-Wash-Detergent-and-Soap-Sales-Set-to-Total-USD-16702-2-Million-by-2034-Amid-Rising-Popularity-of-the-Tourism-Industry-Future-Market-Insights-Inc.html

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Future Market Insights Reveals Mixed Xylene Demand Surge Driven by Para-Xylene and Fuel Blending Applications

Consumption of mixed xylene is primarily being driven by the expanding usage of this solvent in a variety of end-use industries. Increased investments in bio-based mixed xylene research and development are anticipated to support market growth. For greater performance, blended xylene is utilized to raise the fuel’s overall efficiency and octane value. As consumer concern for the environment rises, it is anticipated that the mixed xylene market in this country will be driven by rising spending on research and development of bio-based fuels. Market expansion is expected to be fueled by rising demand for mixed xylene used as a gasoline blending additive.

The mixed xylene market growth is projected to achieve a valuation of USD 52,674.9 million in 2023, with expectations of reaching USD 94,332.7 million by 2033, reflecting a steady compound annual growth rate (CAGR) of 5.1% over the decade. This growth trajectory underscores the increasing demand for mixed xylene and its significant role in various industries, including chemicals, plastics, and manufacturing, as it continues to be a vital component in the global market.

The market’s growth prospects are amplified by the expanding range of applications for solvents in end-use industries. The potential for market expansion is greatly influenced by the growing demand for PET manufacturing. Mixed xylene is in higher demand as a result of the rising demand for RTD beverages. The primary raw material utilized in the production of terephthalic acid, which is used to create the PET monomer bis (2-hydroxyethyl) terephthalate, is mixed xylene. As a result, there is a connection between the demand for PET bottles and mixed xylene.

Across Asia Pacific, China is the world’s largest consumer of mixed xylene. Consumption of mixed xylene is anticipated to be significantly influenced by the growing use of this solvent in a variety of end-use sectors. Over the course of the projection period, increased manufacturing of polyester products such as polyethylene terephthalate (PET), films, and fibers in China is anticipated to have a significant impact on shipments of mixed xylene.

Key Takeaways from the Mixed Xylene Market Report:

The global mixed xylene market expanded at a remarkable CAGR of 6.5% from 2017 to 2022.
In 2017, the global market size stood at USD 36,011.10 million.
The global mixed xylene market accounted for USD 49,439.7 million in 2022.
Isomer-grade mixed xylene currently accounts for more than 70% of the global mixed xylene market share.
In 2022, the raw material mixed xylene application segment captured a staggering 83.4% market share.
The chemicals segment captured 82.6% of the global mixed xylene market share in 2022.
China mixed xylene market held 6.7% global market shares in 2022.
The United States accounted for 16.3% of the global mixed xylene shipments in 2022.
The market for mixed xylene in the United Kingdom held a 4.3% market share in 2022.

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Recent Developments Observed by FMI:

Agilyx and BioBTX collaborated to create circular aromatic compounds in April 2023. A commercial demonstration plant for the production of renewable aromatic compounds (toluene, benzene, and xylene) will benefit from the collaboration by strengthening BioBTX technology.

Key Players in Mixed Xylene Market:

Exxon Mobil Corporation
TOTAL S.A., GS Caltex Corporation
Idemitsu Kosan Co. Ltd.
LOTTE Chemical CORPORATION
Royal Dutch Shell PLC
China National Petroleum Corporation
Chevron Phillips Chemical Company LLC
China Petroleum & Chemical Corporation
Flint Hills Resources LLC
YPF Sociedad Anonima
SK Global Chemical Co. Ltd.

Mixed Xylene Market Segmentation

By Grade:

Isomer Grade Mixed Xylene
Solvent Grade Mixed Xylene

By Application:

Fuel Blending
Solvents
Thinners
Raw Materials

By End-use:

Mixed Xylene for Paints & Coatings
Mixed Xylene for Pesticides
Mixed Xylene for Chemicals
Mixed Xylene for Gasoline
Mixed Xylene for Printing
Rubber & Leather

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Read Complete Study: h ttps://www.globenewswire.com/news-release/2023/04/28/2657337/0/en/The-Global-Mixed-Xylene-Market-is-Expected-to-Reach-a-Revenue-Level-of-US-94-3-Billion-at-a-CAGR-of-5-1-by-the-Forecast-End-of-2033-Data-by-Future-Market-Insights-Inc.html

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USA Commercial Walk-In Refrigeration Market Growth, Targeting US$ 1,980.1 Million by 2032, With a 4.31% CAGR

In a steadily advancing trajectory, the USA commercial walk-in refrigeration market is projected to attain a substantial valuation of US$ 1,980.1 million by the year 2032, with a commendable Compound Annual Growth Rate (CAGR) of 4.31% from 2022 to 2032.

This robust upswing in the sector finds its roots in the indispensable role played by commercial walk-in refrigeration systems, serving as silent sentinels that safeguard the freshness and integrity of various perishable goods. Their pivotal function underscores their paramount significance in sustaining the fabric of our modern lifestyle, protecting the continuity of daily routines from potential disruptions caused by the absence of these crucial systems.

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Encompassing both coolers and freezers, Commercial Walk-In Refrigeration constitutes enclosed cold storage rooms with a footprint of under 3000 square feet, purpose-built for the refrigeration and freezing of perishable commodities including foodstuffs, beverages, medications, and more. These specialized refrigeration units play a pivotal role within the intricate framework of the cold chain network, spanning an array of industries such as food and beverage, commercial kitchens, retail food establishments, pharmaceuticals, chemicals, and beyond.

The recent surge in the adoption of Commercial Walk-In Refrigeration underscores a profound shift in lifestyle and dietary preferences towards convenient, ready-to-eat products. This transition has ushered in a significant transformation within the culinary landscape, impacting the types of sustenance embraced and the temporal allocation dedicated to these activities. Responding to this evolving landscape, stakeholders within the food industry have substantially increased investments in walk-in coolers and freezers.

Notable Insights from the Commercial Walk-In Refrigeration Market Analysis:

During the envisaged projection interval, the Commercial Walk-In Refrigeration segment, specifically denoted by the technology variant “Remote Condensing,” is poised to contribute substantially, with an estimated value reaching approximately US$ 544.8 million in the year 2022.
With regard to the Sales Channel segmentation, the Original Equipment Manufacturer (OEM) channel is poised to emerge as a dominant force, accounting for over 88.4% of the U.S. market share. This sector is projected to sustain a noteworthy value Compound Annual Growth Rate (CAGR) of approximately 4.21% throughout the stipulated projection period.
In the expansive U.S. market, the escalating demand for Commercial Walk-In Refrigeration finds expression through the prism of its place of use. This particular facet of the market is anticipated to demonstrate a robust value CAGR of 4.31%.
Among the various sectors constituting the U.S. Commercial Walk-In Refrigeration landscape, the Commercial Restaurants sector emerges prominently, showcasing a prospective expansion rate of 5%. This momentum is a direct outcome of escalated investments in real estate and the comprehensive development of commercial infrastructure.
Geographically, the Southern United States (U.S.) region is poised to hold a substantial share of approximately 42.2% in the year 2022. This regional stronghold substantiates the notable presence and influence of the Commercial Walk-In Refrigeration market within the southern landscape.

“Growing governmental and private investment in the U.S. region, particularly in Southern and Western U.S. markets, is driving up demand for Commercial Walk-In Refrigeration therein. Commercial walk-in refrigerator systems are anticipated to be adopted more frequently by commercial restaurants, retail food service, and a few other end use industries. Manufacturers are boosting their partnerships and collaborations with lower market players of commercial refrigeration manufacture within country in order to get into the higher market.” says Future Market insights analyst.

Key Players Profiled:

Panasonic Corporation (Hussmann)
Parker Hannifin Corp.
TMP Manufacturing Company
Standex International Corporation
Dover Corporation
Welbilt, Inc.
Zero Zone, Inc.
USA Cooler
SRC Refrigeration
American Panel Corporation
Arctic Industries Inc.
Amerikooler LLC
Commercial Cooling – Par Engineering Inc.
Thermo-Kool
Bally Refrigerated Boxes Inc.
Norlake Inc.
Air Services & Refrigeration Specialties Inc.

Key Segment Covered:

USA Commercial Walk-In Refrigeration by Technology:

Self-Contained
Remote Condensing
Multiplex Condensing

USA Commercial Walk-In Refrigeration by Sales Channel:

OEM
Aftermarket

USA Commercial Walk-In Refrigeration by Place of Use:

Indoor
Outdoor

USA Commercial Walk-In Refrigeration by End Use:

Pharmaceutical
Research Laboratories
Retail Food Services
Hospitals
Commercial Restaurant
Others

USA Commercial Walk-In Refrigeration by Region:

North East USA
South USA
Midwest USA
West USA

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Extrusion Equipment Market Anticipated to Reach USD 8,764.6 Million Mark by 2032, Driving 5.3% CAGR Growth

The global extrusion equipment market is set to witness a substantial compound annual growth rate (CAGR) of 5.3% throughout the forecast period, with a targeted valuation of USD 8,764.6 million by 2032, showcasing significant expansion from its 2022 value of USD 5,243.7 million.

The surge in demand for extrusion equipment across diverse industries can be attributed to several pivotal factors. A primary catalyst is the rising need for extruded products. The versatility of extrusion, facilitating the production of intricate shapes and profiles, coupled with its efficiency in large-scale manufacturing, has spurred the growing demand for extrusion equipment. Its applications span a wide spectrum of industries, encompassing food and beverages, plastics, automotive, and construction, among others.

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Extrusion Equipment Market Dynamics and Trends:

The extrusion equipment market is generally driven by end use industries such as food, consumer goods, pharmaceuticals, refractory materials, etc. where the extruded products are manufactured. Operation on optimal loads and flexibility in design orientation of feedstock materials are being focused by extrusion equipment manufacturers. These are the trends currently prevailing in the extrusion equipment manufacturing segment. This aspect has been regularly acted upon by OEMs via product development programs. The market however, could be restrained only due to lack of growth and expansion in the end use industries in regions such as Europe and U.S.
The extrusion equipment market has business potential in the form of maintenance and service aspects, post initial purchase and installation. Product support and services are provided by OEMs, suppliers as well as distributors. Price, product features, after sales service and sales distribution network are the key defining parameters for a company to sustain its business in the competitive market.

Extrusion Equipment Market: Regional Analysis and Outlook

The OEMs related to extrusion equipment market are mainly based in Asia Pacific particularly in China, U.S. and Europe owing to the end industry development, strong sales and distribution channels and their established technical know-how in end use industries. The Asia Pacific end use market alone is expected to drive a significant growth rate of industrial equipment especially in the field of consumer goods, food products and pharmaceutical industry. In pharmaceutical industry, extrusion is done using nano-porous, polymeric filters with a specific size of narrow-size distribution.
Latin America is also expected to augment the market demand in terms of development in food, pharmaceutical industry as well. The extrusion equipment market would also benefit significantly from the renewable energy sector across the globe with biomass extrudes used as feedstock. The extrusion equipment market is expected to witness a decent growth during the forecast period, 2022-2032.

Extrusion Equipment Market: Market Participants

The competitive landscape for Extrusion Equipment Market is majorly marked by the presence of large players as well as small scale players. Some of the market participants involved in the global Extrusion equipment market are: Milacron, RDN Manufacturing Co., Inc., Coperion GmbH, Conair Group, Toshiba Machine Co., Ltd., HPM, Krauss Maffei and Thermo Fischer Scientific Inc. along with other mid-small scale OEMs and regional enterprises.

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, application, and industry.

Key Segments:

By Product Type:

Single Screw Extruders
Twin Screw Extruders
Downstream Equipment

By Load Type:

Variable
Hydrostatic

By Press Position:

Horizontal
Vertical

By End User:

Plastic Goods
Processed Food
Pharmaceutical
Non-Conventional Energy
Construction Materials

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

Author:

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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