Vapour Recovery Units Market is predicted to grow at a 5.6% CAGR during the forecast period (2022-2028

The global vapour recovery units market was valued at US$ 805.1 Mn in 2013 and is projected to reach US$ 1,202.0 Mn in 2022. The vapour recovery units market is predicted to grow at a 5.6% CAGR during the forecast period 2022-2028. Demand for vapour recovery units is increasing in the oil and gas industry as they are used to restrict loss of crude oil from storage tanks through restriction of vapour.

Attribute Details
Vapour Recovery Units Market Size Value in 2013 US$ 805.1 Mn
Vapour Recovery Units Market Size Value in 2022 US$ 1,202.0 Mn
Vapour Recovery Units Market Size Value in 2028 US$ 1,662.2 Mn
Vapour Recovery Units Market Historical CAGR (2013-2021) 4.4%
Vapour Recovery Units Market CAGR (2022-2028) 5.6%

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According to a recent research report published by Future Market Insights, the vapour recovery unit market value US$ 1,202.0 Mn by 2022 end, and expected to register a decent CAGR of 5.6% during the forecast period of 2022-2028.

“North America and Europe are anticipated to retain their prominent shares in the market throughout the forecast years, due to their established markets for upstream and downstream applications. However, APEJ and MEA are anticipated to provide lucrative growth opportunities on the back of development of the oil & gas sector in these regions.”

Vapour Recovery Unit Market: Competitive Landscape

The vapour recovery unit market is highly fragmented, with the presence of numerous players across the globe. Different players in the market have substantial sales footprint in specific regions.

These players include John Zink Company LLC, Zeeco Inc., and Gardner Denver Holdings Inc. Key players are adopting market strategies such as sales channel development, business partnerships with prominent players, as well as development of more advanced and efficient products that can meet emission standards.

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Vapour Recovery Units Market by Category

Technology:

  • Membrane Separation
  • Adsorption
  • Condensation
  • Absorption

Application:

  • Marine Loading
  • Truck Loading
  • Railcar Loading
  • Pipelines
  • Storage Tank Vents

Process:

  • Upstream
  • Downstream

End use:

  • Oil & Gas Compressors
  • Landfills
  • Brewery and Food Processing
  • Others

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Key Takeaways of Vapour Recovery Unit Market Study

  • Growing production and consumption of oil has resulted in a rise in the number of oil exploration units and refineries across the globe. Increment in storage batteries and tanks, in turn, is anticipated to propel the demand for vapour recovery units during the foreseen period.
  • Price volatility of crude oil and increasing loss of oil due to vapour escape from storage vents will to fuel the requirement for vapour recovery units. These units restrict crude oil wastage due to vapour loss; hence, their utilization is anticipated to increase in upstream as well as downstream applications in the coming years.
  • Environmental regulations regarding VOC emissions have become stricter across the European Union and North America. Increasing greenhouse emissions and commitment of various organizations towards sustainable development are anticipated to further motivate end users to ensure strict adherence to guidelines and regulations. The use of vapour recovery units helps these manufacturers meet these standards of emissions.
  • North America and Western Europe are anticipated to hold substantial share in the market. The prominence of potential VRU manufacturers in these regions will spur market growth.

Pallet Pooling Market o reach a valuation of more than US$ 11 Bn by the end of 2029: FMI

Pallet pooling ensures the availability of pallets at the operational location, which results in a lean supply chain. Lean supply chain management leads to effective operational lead time. Owing to the rising inclination of most end users towards cost reduction, along with optimum lead time, the pallet pooling market is estimated to gain noteworthy traction in the coming decade.

Future Market Insights (FMI) has projected the Global Pallet Pooling market to grow with considerable value CAGR of 6.2% during the period of 2022 and 2029 and reach a value of US$ 641.8 Mn by 2029 end.

Global Pallet Pooling Market Size (2021A) US$ 7,052 Mn
Global Pallet Pooling Market Analysis (2022E) US$ 7,471 Mn
Projected Pallet Pooling Market Size (2029F) US$ 11,375 Mn
Value CAGR (2022-2029) 6.2%
Collective Value Share: Top 3 Countries (2022E) 76.5%

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According to a new research report published by Future Market Insights (FMI), the pallet pooling market is estimated to exhibit 6.2% CAGR over the forecast period, to reach a valuation of more than US$ 11 Bn by the end of 2029.

Key Takeaways of Pallet Pooling Market Study

  • Pallet pooling has prominent application in the FMCG sector, as warehouses play a crucial role in this industry.
  • In terms of material, plastic pallet pooling is estimated to witness notable demand, owing to high reliability, durability, and cost-effectiveness of plastic pallets as compared to other types.
  • Globally, the pallet pooling market in GCC countries is estimated to witness lucrative growth, owing to the positive outlook for industrial trade activities in the region, particularly for the e-Commerce industry. The U.S. is expected to hold a leading share in the global market, registering a significant CAGR throughout the forecast period.
  • In recent years, pallets tagged with RFID have become more popular amongst end consumers, owing to their ability to provide location as well as detailed information related to stacked products on pallets.
  • Pallet pooling is a one-time investment business, in which, the owner has to purchase pallets and then pooling can be done without any large investment. As a result, the market offers high profit margins to its participants.
  • For the effective operational efficiency of pallets, pallet service providers perform quality checks after the end of every service cycle to provide high-quality pallets and efficient service cycles to end consumers. Continuous and high standard quality checks of pallets are estimated to help players in the global pallet pooling market gain a competitive advantage.

“In the pallet pooling market, flexible payment profiles allow end consumers to pay rent monthly or quarterly at fixed rental rates throughout the term of the agreement, and customizations can be made in rental agreement terms to suit the period of budget allocation and income patterns.”

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Pallet Pooling Market: Competitive Landscape

The pallet pooling market is highly consolidated, owing to the presence of a limited number of pallet pooling service providers across the globe. Brambles Limited, Euro Pool Group, Faber Halbertsma, and Loscam are considered to be leading players in the pallet pooling market. Most market players are focusing on expanding their sales footprint in developing markets such as South Asia and the Middle East through the establishment of additional regional offices and sales partners.

Focus on Technological Advancements in Pallet Pooling

Increasing requirement of technologically-advanced pallet systems throughout the supply chain for lean management is anticipated to support the future growth of the global pallet pooling market.

Find More Insights on Pallet Pooling Market

The research report analyzes the total sales value of the pallet pooling market on the basis of revenue generated by market players from the target product. The market is forecasted on the basis of factors such as warehouse traffic flow, adoption rate, government regulations, and sustainable development. The scope of the research report includes pallet management services catering to FMCG, food & beverages, chemicals & pharmaceuticals, and other related end-use industries.

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Biocomposites Market Rising at 16% CAGR; the Asia Pacific to Remain an Attractive Market : FMI

During the assessment period, the global biocomposites market is expected to increase at a robust CAGR of 16%, from US$ 25 Bn in 2021 to US$ 128 Bn in 2032.

“The usage of biocomposite products in the automobile industry may assist in decrease vehicle weight and injuries to passengers in accidents, surging the demand in the electrical and consumer durables sectors.”

Attributes Details
Biocomposites Market CAGR (2022 – 2032) 16%
Biocomposites Market (2021) US$ 21 Bn
Biocomposites Market Attraction Technical improvements in biocomposite plastic are driving the biocomposites product-market expansion.

Over the forecast period, the global biocomposites market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Bn in 2021, the biocomposites market is anticipated to reach US$ 128 Bn by 2032.

The increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness are driving this trend. In addition, due to the harmful nature of synthetic materials, recycling challenges, and toxic residues, the biocomposites market size will continue to expand throughout the predicted timetable.

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As per the biocomposites market report, Germany, the United States, and Japan are among the developed countries working on boosting the usage of ecologically friendly items rather than petroleum-based products.

The European Union (EU) has favored such items over the United States and Japanese governments. It requires the use of bio-based materials, encourages the recyclability of vehicle components, and holds automakers accountable for disposal at the end of the vehicle’s service life. These laws are likely to boost demand for biocomposites in various end-use industries, including transportation, construction, and electrical and electronics.

The power necessary to make biocomposites is far lower than that critical to making glass fiber composites or carbon fiber composites. On the other hand, Biocomposites are more expensive than glass fiber composites. However, price reductions are prospects due to economies of scale and common biocomposites applications.

COVID-19 has had a detrimental impact on sales of biocomposites due to a drop in demand from numerous end-use sectors. Being one of the largest users of biocomposites, building and construction have seen the worst and most immediate effects of the epidemic. The building industry has been hit the worst. This has had a negative biocomposites market outlook.

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Advancing at a CAGR of 16%, the biocomposites market size is expected to reach US$ 51 Bn by 2026.

Key Takeaways

  • The hybrid composites product section captured the largest market size in the global biocomposites market, owing to increased biocomposites applications around the world. Its substantial market share is credited with the optimum fiber adhesion that leads to decreased moisture content, high strength, and structural capacity.
  • As per the biocomposites adoption trends, they are predicted to be the dominant market in the Asia Pacific. Over the projected period, it is also anticipated to be the fastest regional market.
  • The requirement for synthetic polymer biocomposites had decreased in 2020 because of the COVID-19 pandemic. As global end-use industries found a stable footing by the fourth quarter of 2020, demand for biocomposites also showed signs of recovery.
  • The market for biocomposites is dominated by the building and construction industry.
  • Wood fiber composites have the biggest market share in volume in the global biocomposites industry.

“The need for biocomposites is increasing in the building and construction, transportation, consumer goods, and other end-use industries. However, as a result of COVID-19, sales in various industries have decreased, reducing demand for biocomposites.”—opines an FMI analyst.

Competitive Landscape

To gain a foothold in the biocomposites market opportunities, the key companies in the industry are pursuing a variety of inorganic and organic techniques.

Biocomposites, an international medical device company that produces and manufactures leading products for bone and soft tissue infection management, announced today that its STMULAN products are, vancomycin, gentamycin, and tobramycin, have received new Canadian approval for the mixing of antibiotics with them.

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Key Segments

By Fiber Type:         

  • Wood Fiber Composites.
  • Non-wood Fiber Composites

By Polymer Type:

  • Natural Polymer Composites
  • Synthetic Polymer Composites

By Product:

  • Hybrid Biocomposites
  • Green Biocomposites

By End-use Industry:

  • Building & Construction
  • Transportation
  • Consumer Goods
  • Others

By Region:

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

These biocomposites may be made inexpensively in developing countries like India and China using abundant raw materials, including flax, jute, Kenaf, and hemp. Therefore, the overall cost of natural fiber-based biocomposites will be reduced. In addition, the biocomposites market future trends indicate that as the technology matures and production reaches economies of scale, these biocomposites are likely to become less expensive in the long run.

Heat Pumps Market to Hit US$ 50 Bn Mark by 2030; Production Standstill Amidst COVID-19 Spread to Dampen Sales Prospects

Future Market Insights (FMI) has estimated the Heat Pumps Market to grow with a year-on-year growth of 3.6% in 2022 reaching a value of about US$ 33,156 Mn by 2022 end.

Heat Pumps Market Size (2021A) US$ 31,994 Mn
Heat Pumps Sales (2022E) US$ 33,156 Mn
Projected Heat Pumps Market Size (2030F) US$ 50,714 Mn
Value CAGR (2022-2030) 5.4%
Collective Value Share: Top 3 Countries (2022E) 65.7%

Increasing demand for tech-advanced cooling solutions with low carbon footprint, government initiatives to curb greenhouse gas emissions, and advancements in heating, ventilation, and air conditioning (HVAC) systems are factors contributing to the revenue pool of the heat pumps market.

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

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

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

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

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Key Takeaways from Heat Pumps Market Study

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

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

Heat Pumps Market : Competitive Landscape

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

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

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Heat Pumps Market by Category

By Product Type:

  • Air-water heat pump
  • Air-air heat pump
  • Ground Source heat pump
  • Hybrid heat pump

By End Users:

  • Residential
  • Commercial
  • Industrial

By Power Source:

  • Electric
  • Others(Gas Driven)

By Refrigerants:

  • HFC
  • CO2
  • Ammonia
  • Hydrocarbon
  • Others

By System Type:

  • Air-source heat pumps
  • Ductless mini-split heat pumps
  • Geothermal heat pumps
  • Absorption heat pumps

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • MEA
  • Japan

Electric Sub-meter Market is projected to register 3% CAGR and reach a valuation of US$ 12.8 Bn by 2030.

Global electric sub-meter sales were valued at around US$ 9.74 Bn at the end of 2021. The market is projected to register 3% CAGR and reach a valuation of US$ 12.8 Bn by 2030.

Electric Sub-meter Market Size (2022) US$ 10 Bn
Sales Forecast (2030) US$ 12.8 Bn
Global Market Growth Rate (2022 to 2030) 3% CAGR
Share of Top 5 Electric Sub-meter Manufacturers 50%

Sales of electric sub-meters accounted for approximately 35% share of the global electric meters market in 2021. Smart sub-meters continue to carve out a significant share in overall electric sub-meter sales.

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Key Takeaways for Electric Sub-meter Market Study

  • Increasing consumer inclination towards smart sub-meters, owing to surging use of Internet of Technology (IoT), is anticipated to bolster market growth.
  • Conventional sub-meter manufacturers are merging with global technology providers and key market players, considering increasing traction towards smart sub-meters.
  • Governments in several countries are launching initiatives for rural electrification and installation of digital sub-meters.
  • Given noteworthy growth of the market in China, the East Asia region is projected to have a significant share in the global electric sub-meter market from 2022 to 2030.
  • The COVID-19 pandemic has put a majority of manufacturing and the supply chain of electric sub-meters on hold. As the number of infected individuals is increasing, industrial trade activities are expected to plunge significantly on a global scale, affecting the production and demand for electric sub-meters. Post containment of COVID-19 and lifting of lockdowns in developed regions, the global population would continue to follow social distancing protocols. Sales of electric sub-meters and new projects related to deployment of smart sub-meters in South East Asian countries will then pick pace.

“Manufacturers in emerging markets such as India and ASEAN countries are entering into supply agreements through tenders and new orders. Replacement of conventional electric sub-meters with novel smart sub-meters is expected to remain the key growth driver of the electric sub-meter market. In addition, manufactures are investing heavily in R&D activities in order to provide tech-driven smart electric sub-meters at comparatively lower prices, without compromising on quality.”

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Electric Sub-meter Market: Competitive Landscape

Players active in the electrical sub-meter market covered in this research study are ABB, OSAKI ELECTRIC CO., LTD., Schneider Electric, Honeywell International, Landis+Gyr, General Electric, Itron Inc., Siemens AG, Xylem Inc., and Mitsubishi Electric Corporation. These key participants are looking to expand their footprints by acquiring regional manufacturers in the electrical sub-meter market.

Moreover, the global electric sub-meter market is fairly fragmented, with the presence of global as well as regional manufacturers. Market competition is anticipated to intensify due to strategic mergers & acquisitions by global market players to reinforce their business presence across continents.

Governments in countries such as Indonesia and Vietnam are walking the extra mile to enable proper electrification across their nations, and, as such, intensifying the competitive ratio in the market. Regional players in the electric sub-meter market are working towards innovating their product portfolios and reducing operational costs to provide products at lower prices.

Find More Valuable Insights on Electric Sub-meter Market

FMI, in its new market research study, offers an unbiased analysis of the electric sub-meter market, which comprises global industry analysis of 2014–2021 and opportunity assessment for 2022–2030. The report offers complete analysis on the global electric sub-meter market through four different categories –product, phase, application and region.

The global electric sub-meter market study provides information of pricing by different life cycle analysis, product life cycle, key market trends, and technologies that are being implemented in the production of electric sub-meters, and product adoption in varied end-use industries.

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Key Segments of Electric Sub-meter Industry Research

By Product:

  • Socket Type/Electromechanical Sub-meters
    • Feed-through Sub-meters
    • Current Transformers
  • Non-socket /Electronic Sub-meters
  • Smart Sub-meters

By Phase:

  • Single Phase Electric Sub-meters
  • Three Phase Electric Sub-meters

By Application:

  • Commercial Establishments
    • Large Retail Stores
    • Data Centers
    • Others
  • Residential Sector
  • Industrial Sector

By Region:

  • North America Electric Sub-meter Market
  • Latin America Electric Sub-meter Market
  • Europe Electric Sub-meter Market
  • East Asia Electric Sub-meter Market
  • South Asia & Pacific Electric Sub-meter Market
  • Middle East & Africa (MEA) Electric Sub-meter Market

Optical Spectrum Analyzer Market is anticipated to progress at a CAGR of 5.7% to reach US$ 593.2 Mn by 2032 : FMI

The global optical spectrum analyzer market is currently valued at around US$ 342.3 Mn and is anticipated to progress at a CAGR of 5.7% to reach US$ 593.2 Mn by 2032.

Optical Spectrum Analyzer Market Analysis (2021A) US$ 324.2 Mn
Optical Spectrum Analyzer Market Analysis Estimated Year Value (2022E) US$ 342.3 Mn
Optical Spectrum Analyzer Market Analysis Projected Year Value (2032F) US$ 593.2 Mn
Value CAGR (2022-2032) 5.7%
Collective Value Share: Top 3 Countries (2022E) 37.2%

Optical spectrum analyzer market is considerably gaining from the rising demand in the IT and telecommunication industry. According to a new study by Future Market Insights (FMI), the market will continue exhibiting steady growth since optical spectrum analyzer is an important tool in signal discrimination that finds application across diverse industries starting from IT to aerospace.

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The telecom industry has expanded exponentially in the last few years, which has in turn created lucrative prospects for the growth of the market.

Optical spectrum analyzer is highly sought-after in telecommunication industry. It is used to determine occupied bandwidth and track interference sources. The growth in IT and telecommunication industry is forecast to fuel the demand for optical spectrum analyzers in the coming years. The market also is expected to gain from the rising demand in medical & healthcare, energy & utilities, and other end-use industries.

According to Future Market Insights (FMI), the global optical spectrum analyzer market is set to grow at 5.8% CAGR during the forecast period from the year 2022 to 2030.

Despite facing slower growth rate due to COVID-19 pandemic in the recent year, the market is soon likely to recover, creating ample opportunities for the companies operating therein.

FMI offers an exhaustive overview of the optical spectrum analyzer market, its growth drivers, and restraints.

Some of the key takeaways from the report are highlighted below-

  • Portable optical spectrum analyzer is gaining traction as more preferred products among various industries
  • Wavelength meter mode of optical spectrum analyzer is highly sought-after in the market
  • The IT & telecommunication industry will continue exhibiting high growth for optical spectrum analyzer
  • North America has emerged as a highly lucrative market. In the coming years, the demand from South Asia as well is expected to rise at a high rate

COVID-19 Impact Analysis

The COVID-19 pandemic has hampered the growth of several industries, including key end users of optical spectrum analyzer market such as IT, aerospace, and others. In the beginning of this year, the manufacturing units had to struggle with restrictions such as shortage of raw materials, decrease in manpower, closed supply chain, and others during extended period of lock down.

Contrary to this, the pandemic resulted in surge in demand for optical spectrum analyzers from medical & healthcare industry due to increase in rush of patients. Despite being impacted by COVID-19 pandemic, the optical spectrum analyzer market is set to grow steadily throughout the forecast period.

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Who is Winning?

The global optical spectrum analyzer market is set to grow exponentially in the coming years. In order to sustain their positions, the key market players are focusing on developing more sophisticated products.

For instance, AMS Technologies has launched their new range of optical spectrum analyzers such as Ultra Optical Spectrum Analyzer (OSA) Spectrometer, UltraBright Spectrometer, HyperFine Spectrometer, and others in order to target the key end users such as telecommunication, medical, and others.

Thorlabs has launched their new Dual-Function Broadband Spectrometer and Wavelength Meter equipped with FC/PC Fiber Connector and Free-Space Optical Input. This type of optical spectrum analyzer is capable of working in two modes- spectrometer mode (7.5 GHz resolution) and wavelength meter mode (0.1 ppm resolution).

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Global Optical Spectrum Analyzer Market by Category
By Product Type: 

  • Portable
  • Benchtop
  • Handheld

By Mode Type:

  • Spectrometer Mode
  • Wavelength Meter Mode

By End Use:

  • IT & Telecommunication
  • Medical & Healthcare
  • Energy & Utilities
  • Automotive
  • Institutions
  • Aerospace & Defence
  • Semiconductors & Electronics

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • MEA
  • Oceania

Woodworking Circular Saw Blades Market are estimated to account for a net worth of US$ 68.3 Mn by 2029

Surge in the cost of raw materials such as roundwood and timber has increased operational costs and reduced profit margins for manufacturers. This is anticipated to reinforce the sale of powerful and efficient saw blades, so as to reduce material wastage and increase productivity. In addition, carbide material for tips of circular saw blades provide abrasion resistance, significant reduction in kerf, longer serving life, and ability to saw thick and strong woods.

Revenue from the global woodworking circular saw blades market is predicted to rise at a CAGR of 4.4% from 2022 to 2029, which stands at a valuation of US$ 50.4 Mn in 2022. Shipments of woodworking circular saw blades are estimated to account for a net worth of US$ 68.3 Mn by 2029.

Woodworking Circular Saw Blades Market Size (2022) US$ 50.4 Mn
Predicted Market Revenue (2029) US$ 68.3 Mn
Forecasted Growth Rate (2022-2029) 4.4% CAGR
Europe Market Share (2022) 28.3%

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The woodworking circular saw blades market is projected to reach a valuation of US$ 68.3 Mn by the end of 2029, as per the latest report by FMI.

Key Takeaways from Woodworking Circular Saw Blades Market Study

  • Sales through numerous online platforms is gaining prominence, as these online sites enable customers to choose products according to their requirements. Many retailers and distributors are focusing on offering their products through online platforms to gain significant share in the market.
  • Increased use of furniture in commercial and residential sectors, and the use of wood as a thermal and electrical insulator in industrial and manufacturing sectors are expected to bolster the sales of woodworking circular saw blades, with timber and wood processing industries performing substantially well.
  • Spurring demand for woodworking operations for the manufacturing of household furniture and use of wood in the designing of basic utilities in commercial constructions are anticipated to bolster the demand for woodworking circular saw blades. With increment in the use of circular saw blades for application in small-scale operations, 100 – 200 mm diameter blades are projected to experience hefty growth in the market.

“Rising demand for woodworking circular saw blades for plumbing & carpentry, owing to their inherent reliability, such as accuracy, ease of use, and precision, creates a positive environment for the growth of the woodworking circular saw blades market.”

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Woodworking Circular Saw Blades Market: Competition Overview

The global woodworking circular saw blades market is perfectly competitive, with the presence of a significant number of organized and unorganized players actively operating in the global market. Freud Tools, Robert Bosch GmbH, Stanley Black and Decker, and Homag Group are identified as prominent players in the global woodworking circular saw blades market. Key players are focusing on manufacturing diverse blades for efficient performance in different operations.

Asia Pacific Offering Lucrative Opportunities for Market Growth

The demand for woodworking circular saw blades is expected to gain significant traction in the coming years, owing to flourishing residential and commercial construction activities in developing countries of the Asia Pacific region. Rising demand from the furniture industry is expected to drive the sales of saw blades during the forecast period. High use of wooden furniture and timber for construction in countries such as India, China, and South Korea is expected to propel the growth of the woodworking circular saw blades market.

More Valuable Insights on Woodworking Circular Saw Blades Market

The research report provides thorough assessment and future forecasts of the woodworking circular saw blades market on the basis of five primary segments listed as follows: mode of operation, blade type, diameter type, distribution channel, and end-use industry. The report provides comprehensive information about global market sizing, key market manufacturers, and regional perspective for market. The report also provides important dynamics of the woodworking circular saw blades market. The scope of the research includes woodworking circular saw blades with carbide tips or complete carbide blades utilized in the woodworking industry.

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Key Segments of Woodworking Circular Saw Blades Industry Survey

Woodworking Circular Saw Blades Market by Mode of Operation:

  • Woodworking Circular Saw Blades for Stationary Machines
  • Woodworking Circular Saw Blades for Hand Machines (Power Tools)

Woodworking Circular Saw Blades Market by Blade Type:

  • Framing Blades
  • Rip-cut Blades
  • Crosscut Blades
  • Plywood Cut Blades

Woodworking Circular Saw Blades Market by Diameter:

  • Woodworking Circular Saw Blades Less than 100 mm
  • Woodworking Circular Saw Blades 100-200 mm
  • Woodworking Circular Saw Blades 200-300 mm
  • Woodworking Circular Saw Blades More than 300 mm

Woodworking Circular Saw Blades Market by Distribution Channel:

  • Online Sales of Woodworking Circular Saw Blades
  • Offline Sales of Woodworking Circular Saw Blades

Woodworking Circular Saw Blades Market by End-use Industry:

  • Timber
  • Wood Processing
  • Furniture & Carpentry
  • DIY

Woodworking Circular Saw Blades Market by Region:

  • North America Woodworking Circular Saw Blades Market
  • Latin America Woodworking Circular Saw Blades Market
  • Europe Woodworking Circular Saw Blades Market
  • East Asia Woodworking Circular Saw Blades Market
  • South Asia & Pacific Woodworking Circular Saw Blades Market
  • Middle East & Africa (MEA) Woodworking Circular Saw Blades Market

Folding IBCs Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028

Flexible intermediate bulk container (IBC) is a reusable industrial container designed for the transport and storage of bulk liquid and granulated substances, such as chemicals, food ingredients, solvents, pharmaceuticals, etc. A new research report by Future Market Insights, titled ‘Folding IBCs Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’ is a crystal clear overview of the global folding IBCs market during the forecast period.

The report includes all the crucial details of the market dynamics and the trends prevailing in the industry. According to this comprehensive research report, the global folding IBCs market is expected to witness a rise in the demand for its products. Several advantages of folding IBCs is attracting many businesses and manufacturers.

The folding IBCs are space efficient and are specially designed to improve handling, produce savings and also to address environmental issues for all hazardous and non-hazardous liquids. The sides of folding IBCs can be folded inward when the unit is empty allowing the IBC to collapse into a much smaller package for return shipment or storage.

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Almost all rigid folding IBCs are designed in such a manner so that they can be stacked vertically one atop the other using a forklift. The smooth interior and exterior surfaces of the folding IBCs reduce the opportunities for product contamination and allow for easy container cleaning. The market forecast depicts that the global folding IBCs market is expected to grow at a CAGR of 4.8% during the forecast period, reaching a market size of over US$ 520 Mn by the end of 2027.

Global Folding IBCs Market: Segmental Analysis

  • Based on material, plastic material leads in terms of market size, with an expected market size of over US$ 430 Mn by the end of 2028. However, metal material for folding IBCs is expected to witness faster demand in the coming years. Metal is expected to lead in terms of CAGR with 5.1% during the forecast period.
  • On the basis of capacity, 500-1000 L capacity has the highest expected market share US$ 240 Mn by the end of 2027. In terms of CAGR, 1000-1500 L dominates the global market.
  • Based on packaging content, liquid segment is way ahead solid and semi-solids segment with a market share of over US$ 400 Mn by the end of 2028. However, solid and semi-solid segment is expected to reflect a higher growth rate of over 5.1% during the forecast period.
  • Among the various application areas of folding IBCs automotive and mechanical part is expected to witness the fastest growth during the forecast period. However, chemicals segment is the dominating segment in terms of market size and is also not much behind mechanical segment in terms of growth rate.
  • Based on region, APEJ is expected to reflect highest market share among all the major regions, with the highest demand for Folding IBCs by the end of the year of assessment

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Global Folding IBCs Market: Competitive Landscape

There are a lot of companies in the global folding IBCs market that are considered to be great performers and also the key players of the market. Some of these key players that are mentioned in the report are Finncont Oy, Bulk Handling Australia Group Pty Ltd, A. R. Arena Products Inc., TranPak Inc., Brambles Group, ORBIS Corp., Dalian CIMC Logistics Equipment Co., Ltd., TPS Rental Systems Ltd, Loscam Ltd., Milford IBC, RPP Containers etc.

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About Packaging Division at Future Market Insights

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. 

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Dental Anesthesia Delivery Systems Market Competitive Growth Strategies Based on Type, Applications, End User and Region-2022-2028

Dental anesthesia is a very crucial step in dental care utilized during dental invasive procedures. Owing to the increasing demand for painless treatments across the healthcare sector, anesthesia is gaining greater significance with time. The dental anesthesia delivery systems are, therefore, giving greater emphasis as they assist the dental professionals with effective painless surgeries. The increasing deployment of technology in healthcare is further expected to proliferate the market for dental anesthesia delivery systems.

Technological Developments to Push Dental Anesthesia Delivery Systems Market Forward

The dental anesthesia delivery systems market witnesses the emergence of latest technologies that provide enhanced solutions, for the dental anesthesia needs. Technological developments such as those that facilitate effective dental procedures could greatly influence the dental anesthesia delivery systems market. For instance, the new laser technology by Carson City Pediatric Dentistry provides an anesthesia-free procedure that reflects a forward leap in dentistry. This could open new avenues for the dental anesthesia delivery systems market players as a new revolution in painless dental procedures.

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Moreover, with the emergence of WAND technology which is a computer assisted anesthesia system which enables painless deliver of anesthesia, it could create major opportunities for the dental anesthesia delivery systems market as the technology could possibly create alternatives for dental anesthesia delivery systems.

The need for needleless dental anesthesia delivery systems is expected to offer growth opportunities for the manufacturers in the market. For instance, the Numbee Needleless dental anesthesia delivery systems by Biodent facilitate the delivery of anesthesia while restraining the use of injection techniques and needles.

Medical Instrument Manufacturers to Strengthen Distribution Channels in Leading Countries through Partnerships

The increasing emphasis given to dental aesthetics and care in the leading nations is expected to provide major opportunities for dental instrument dealers in these nations. Many dental anesthesia deliver systems manufacturers are seen extending their product distribution in leading countries to ensure that their products are easily accessible to them. For instance, Milestone Scientific, a recognized developer of instruments for various applications including the medical and dental application has partnered with a specialty medical product distributor, Clinical Technology, Inc. for distributing its products in the mid-western region of the United States.

Dental Anesthesia Delivery Systems Market Players to Benefit from Rising Demand for Advanced Dental Systems

The key players in the dental anesthesia delivery systems market are utilizing the advancements in technology as they strengthen their portfolio. The players in the dental anesthesia delivery systems market include Becton Dickinson and company, Dentsply Sirona. 3M ESPE, Henke Sass Wolf, Smith Care, Carl Martin GmbH, 4TEK SRL, Hager Werken, and others.

Developments in terms of product offering are key aspect of the dental anesthesia delivery systems market. Players are looking forward to gain a competitive edge with the help of innovative additions to the existing products in the market. For example, the dental anesthesia delivery systems provided by Video Dental are not only a state-of-the-art solution for dental anesthesia needs but is also attributed by cutting-edge features that enhance the value of the product. The features such as pressure sensors, mode selection option, and LED screen, make them must-have dental anesthesia delivery systems.

Another dental anesthesia delivery systems provider, Dentsply Sirona has entered into a partnership with the dental continuing education national leader, Spear Education with an aim to offer unique growth opportunities for endodontics professionals. With this partnership the company aims to provide the practitioners with the necessary tools and skills for their revenue growth. Such strategic collaborations by a company amongst the dental anesthesia delivery systems market players is expected to considerably  increase the sales revenue of the dental anesthesia delivery systems.

Becton Dickinson, a dental anesthesia delivery systems company has registered a significant growth in terms of revenue. According to the company officials, the company has reflected strong performance across the key portfolios. This revenue growth of the company speculates the potential that the market holds as the companies investing in the business are achieving business goals substantially.

In-depth Assessment: Segmentation Analysis of the Delivery Systems Market

The dental anesthesia delivery systems market is classified into various segments on the basis of key factors including mechanism, product, and material. When segmented based on the mechanism, the dental anesthesia delivery systems market is segmented into breech loading aspirating, pressure type, jet injector type, and breech loading non-aspirating. According to the type of product the dental anesthesia delivery systems market is sub-divided into non-disposable, disposable, and safety. On the basis of the material the dental anesthesia delivery systems market is classified into plastic and metallic.

The research report on dental anesthesia delivery systems market highlights an extensive evaluation of the entire market. It include the facts and historical data, in-depth insights, and industry-verified and statistically-backed data providing a better understanding of the dental anesthesia delivery systems market. The report includes estimations using adequate set of assumptions and methodologies. The research report on dental anesthesia delivery systems market provides evaluations and data based on regions, market segments, technology, and applications.

The report on dental anesthesia delivery systems market encompasses detailed evaluation on:

  • Segments of dental anesthesia delivery systems market
  • Dental anesthesia delivery systems Market Dynamics
  • Size of the dental anesthesia delivery systems Market
  • Demand and Supply
  • Recent Challenges and Trends in the dental anesthesia delivery systems market
  • Major Dental anesthesia delivery systems players
  • Technology
  • Value Chain

Evaluation of Regions including:

  • North America Market of Dental anesthesia delivery systems (U.S., Canada)
  • Latin America Market for Dental anesthesia delivery systems (Brazil, Mexico, and Rest of Latin America)
  • Western Europe Market of Dental anesthesia delivery systems (Italy, Germany, France, U.K, Nordic countries, Spain, Netherlands, Belgium, Luxembourg and Rest of Western Europe)
  • Eastern Europe Market of Dental anesthesia delivery systems (Russia Poland, and Rest of Eastern Europe)
  • Asia Pacific Market for Dental anesthesia delivery systems (China, ASEAN, India, Australia & New Zealand)
  • Japan Market for Dental anesthesia delivery systems
  • Middle East and Africa Market of Dental anesthesia delivery systems (South Africa, GCC, and Rest of MEA)

The dental anesthesia delivery systems market report is a synopsis of primary data gained by assessing the market in a qualitative and quantitative manner. This data is acquired by the research analysts, industry experts and participants across the value chain. The evaluation of the parent market trends, macro-economic indicators, factors governing the market, and segment-wise market attractiveness are all included in the report. The dental anesthesia delivery systems market study also maps the impact of the various factors on the regions and market segments.

Dental Anaesthetic Delivery Systems Market

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Coated Fabrics Market to grow at 5.1 % CAGR through 2031

The global coated fabrics market is set to be valued at US$ 19,976.7 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm. The report forecasts the global coated fabrics market to grow at nearly 5.1% CAGR during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on Coated Fabrics growth will evolve in the next decade.

Demand for coated fabrics waned in 2020, and due to the economic impact of the unprecedented COVID-19 crisis. However, the manufacturing industry is currently in recovery mode. Considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. Rising application in the transportation segment will continue supporting growth. According to FMI, above 34% of sales in terms of application will concentrate in this sector.

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Key Takeaways

  • China, Japan, South Korea and ASEAN countries are witnessing high demand for coated fabric
  • China being the largest market in the world, is also expected to hold highest share in the coated fabrics due to presence of strong local base and extensive production facilities and availability of raw materials
  • The U.S. emerges as a leading market, accounting for over 84% sales in North America.
  • Increasing automotive sales will support growth in the U.K., enabling it to exhibit 5.6% y-o-y growth in 2021
  • Germany and France too will record high growth, driven by increasing focus on workplace safety

“Upsurge in demand for protection clothing and safety measures in the transportation in recent years is expected to provide an impetus to coated fabrics sales. Safety and high demand for various purposes of coated fabrics is expected to create substantial growth prospects. Leading players are enhancing their territories. However, contract acquisitions, collaborations and partnerships are some of the key strategies which will drive market players to strengthen their market presence and to gain market share” says FMI analyst.

The COVID-19 pandemic is currently impacting the global economy at various levels and the impact is seen on coated fabrics market as well.  The market growth is projected to be affected by the COVID-19 pandemic crisis and it is expected to witness a significant drop in demand in 2021. With a number of end-use industries affected in several countries, the growth has also been impacted due to challenges in manufacturing sector. The shortage in demand are expected to result in a significant drop in Y-O-Y growth yet FMI expects Coated Fabrics to grow at 5.1% CAGR through 2031.

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Competitive Landscape

The market is moderately consolidated, with key players accounting for significant market share. Some of the key players in the market are Saint Gobain S.A, Bayer AG, PPG Industries, 3M Company, among others. These players are likely to invest in new technologies, especially customized variants, to maintain their market share.

Coated fabrics market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop specific purpose that meet personalized requirements of end users. Collaboration with regional manufacturers is framed as a prime strategy expected magnify in the forecast.

Valuable Insights into Coated Fabrics Market

Future Market Insights, in its new report, offers an unbiased analysis of the global coated fabrics market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the market on the basis of material type (rubber coated and polymer coated) and application (commercial tents, furniture, industrial, protective clothing, and transportation) across seven regions.

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates

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