India Ceramic Sanitary Ware Market Outlook Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2026

Demand for ceramic sanitary ware in India is expected to reach 28,013 thousand units in 2016, up from 26,267 thousand units in 2015. This will represent a market value worth US$ 1.96 Bn. Steady growth in the country’s real estate sector, combined with rising spate of government initiatives to boost infrastructure development will continue to positively influence the growth of the ceramic sanitary ware market in India.

By product type, water closets will continue to account for the highest demand, with total consumption pegged at 4,789 thousand units in 2016. Among the sub-segments of water closets — 1 piece, 2 piece, wall mounted, and EWC — wall mounted water closets sub-segment will witness the highest demand. Demand for wash basins is also expected to remain healthy in 2016, with this segment accounting for a revenue share of 28.6 %. The wash basins segment is further sub-segmented as table top, wall hung, pedestal, half pedestal, and under & over counters—among these, demand for table top sanitary ware will witness the highest y-o-y growth in 2016.

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In addition to growth in the real estate sector, rapid urbanisation, increasing per capita disposable income, and improving standard of living in urban areas are other key factors sustaining the demand for ceramic sanitary ware in India. Although FMI maintains a positive outlook on the India ceramic sanitary ware market, low replacement cycles will continue to remain a key challenge for manufacturers.

The India ceramic sanitary ware market is in a period of consolidation, and key players are focusing on diversifying their range of product portfolio. Reducing operational expenses to boost profitability margin remains a key focus area for stakeholders in the India ceramic sanitary ware market.

Demand for ceramic sanitary ware is strongest in South India, with total revenues expected to reach 546.1 Mn in 2016. The overall consumption of ceramic sanitary ware in the region in 2016 will be to the tune of 9,352 thousand units, up from 8,850 thousand units in 2015.

Leading companies in the India ceramic sanitary ware market include Cera Sanitaryware Ltd, Hindustan Sanitaryware & Industries Limited (HSIL), Ras Al Khaimah (RAK) Ceramics India Pvt Ltd, Roca Sanitario, S.A., Toto Ltd, Kohler Co., Duravit AG and Jaquar.

Long-term Outlook: The India ceramic sanitary ware market is expected to increase at a CAGR of 10.3% in terms of value during the forecast period 2016-2026. In terms of volume, the total consumption is expected to reach 57,444 thousand units by the end of 2026.

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Product types accessed in the report are as follows:

Product types accessed in the report are as follows:

  • Wash Basins
    • Pedestal
    • Half Pedestal
    • Wall Hung
    • Table Top
    • Under & Over
  • Water Closets
    • One Piece
    • Two Piece
    • Wall Mounted
    • EWC
  • Cisterns
  • Vanity Basins
  • Accessories

End-user assessed in the report are as follows:

  • Residential
  • Commercial

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Regions assessed in the report are as follows:

  • North
  • South
  • East
  • West

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Deblistering Machines Market Sales in Automatic Category Account for 70% of Revenue Generated in Deblistering Machines Market

Deblistering machines are available in automated and semi-automated variants, which are largely used to recover and remove tablets and capsules from blister packs without degrading and affecting the quality of medicines. The consistently rising demand for deblistering machines among pharma and contract manufacturers and recyclers for keeping up with the massive volume of drug packaging has strengthened growth prospects to a significant extent.

As per Future Market Insights (FMI), the deblistering machines market will reach a valuation of US$ 152.2 Mn by 2021. The rapidly growing scope for automation and machinery in the global pharmaceutical industry with the objective of reaching manufacturing targets is a primary factor propelling the sales of deblistering machines.

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These machines possess excellent deblistering speed and have the ability to work with a wide range of blister packaging formats including push-through, child-resistant, and peelable blisters. FMI predicts that the demand for deblistering machines will be relatively strong owing to factors such as the rising production of blister packaging and oral dosage formats such as tablets and capsules. The market is projected to rise at a CAGR of approximately 4% through the end of 2031.

Key Takeaways from Deblistering Machines Market

  • Automatic deblistering machines are projected account for more than 70% of the overall market share driven by higher operational speed.
  • 40 to 80 BPM machines will remain dominant in the market, while the over 80 BPM machines are estimated to reflect faster growth with an incremental opportunity of US$ ~ 24.3 Mn.
  • With the frequent use of deblistering machines in the pharma sector, the U.S. market is expected to expand by more than1.5 times.
  • Manufacturers are capitalizing on opportunities across lucrative markets such as India and China.
  • Expansion of healthcare sector will spur y-o-y growth in the U.K. at 2.8% in 2021.

“The rise in production of medicinal drugs, especially those requiring oral dosages such as tablets and capsules has created lucrative opportunities for deblistering machine manufacturers to maximize their sales. Rising emphasis on safe and secure removal of medicinal tablets and capsules with high-precision deblistering processes is anticipated to redefine the market growth,” says FMI analyst.

Launch of Technologically Advanced Deblistering Machines Augment Sales

Deblistering machines are widely considered as the most efficient way of deblistering the tablet and capsules from blisters, owing to minimal error rates, easy and safe removal of drugs, with exceptional deblistering speed. In recent years, the popularity of deblistering machines has touched new heights on the back of its ability to deblister a variety of blister card types.

Technological advancement associated with deblistering machines is one of the pivotal factors that fuels the demand for deblistering machines in the market. Additional key benefits of deblistering machines such as automatic feed and user interface with fault indicators, heavy-duty design, variable speed as per blister speed, and several others attract a substantial portion of manufacturers in the market.

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Furthermore, manufacturers from the pharmaceutical sector are aggressively automating their production processes to reduce labor costs. This growing adoption of automated deblistering machines from the manufacturers is likely to strengthen market growth during the foreseeable future.

Impact of COVID-19 on Deblistering Machines Market

The global crisis of the COVID-19 pandemic has had a moderate impact on the sales of deblistering machines in the global market. Lack of supply in terms of raw components owing to restrictions on manufacturing activities has halted the short-term growth.

Lockdown in prominent regions such as Europe, South & East Asia, and North America has induced considerable impact on the manufacturing of deblistering machines. Besides this, the pandemic has created a massive demand for oral dosage form drugs including tablets and capsules.

Rising demand for these blister pack medicinal drugs is generating demand for existing inventories of deblistering machines from varying end-users such as clinical trial labs, pharmaceutical companies, and packaging centers. This factor is likely to induce a positive impact on sales of deblistering machines. On a broader level, the COVID-19 has a mixed impact on the demand and sales of deblistering machines during the pandemic period.

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Deblistering Machines Market Landscape

Omnicell, Inc, Uhlmann Pac-Systeme GmbH & Co. KG, ACG Worldwide Private Limited are the top players operating in the deblistering machines market. Furthermore, RBP Bauer GmbH, Jornen Machinery Co., Ltd, Sepha Limited, Stripfoil Deblistering Technology, Elmach Packages India Pvt. Ltd are also the noticeable players in the deblistering machines market.

The Tier 3 players in the market hold 65-70% in the global deblistering machines market. In conclusion, key players contribute almost 30-35% of the global market. Leading players in the industry are increasingly focused on investments into product development to expand portfolios, consolidating overall market position.

Deblistering Machines Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global deblistering machines market, analyzing historical demand from 2015-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the deblistering machines market on the basis of automation (automatic, semi-automatic and manual), operating speed (40 BPM, 40 to 80 BPM and above 80 BPM), and end use (pharmaceutical manufacturers, pharmacies, hospitals & clinical laboratories, medical waste recyclers and contract manufacturers) across seven regions.

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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. The team evaluates every node of the value chain and provides end-to-end research and consulting services

Ceramic Tiles market volume will reach 32,870 sq. mtr. by 2031 – FMI

ESOMAR-certified firm Future Market Insights (FMI) analyzes the global ceramic tiles market in its recent study. As per the report, the market will continue exhibiting healthy growth, expanding at a 7.20% CAGR, reaching US$ 84.8 Bn in 2021.

Sales outlook for ceramic tiles market will remain positive with counties including China, India, Italy, and the U.S. emerging as key exporters and producers. Despite restrictions imposed amid COVID-19 outbreak, the market continued showcasing a steady growth trajectory.

The analysis has estimated sales to rise at 2.50% year on year rate in 2021. Spurred by increasing growth opportunities, overall sales volume is anticipated to reach 32,870 Sq. Mtr. by 2030.

As per the study, the demand for ceramic tiles is consistently rising owing to rapid urbanization across developing countries and growing demand for aesthetically pleasing and sustainable tiles for home décor.

Additionally, demand for visual appeal in ceramic tiles is driving product innovations such as the development of natural and wooden finish designs with stain resistance and added durability. These developments are expected to contribute towards overall expansion of the market.

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Rising residential replacement projects in countries such as the U.S., the UK, Italy, and Germany are fueling demand for ceramic tiles as they support green building projects and offer long-term durability at low costs.

In developing countries such as China, India, Japan, and Brazil, growth can be attributed to increasing investments in infrastructure, migration of people from rural areas to cities, and government-backed developments in healthcare, education, and commercial facilities.

“Rapid expansion of infrastructure, coupled with growing demand for ceramic tiles because of their style, sustainability, and durability will continue driving sales in the upcoming years,” says the FMI analyst.

Key Takeaways from Ceramic Tiles Market Survey

  • By product type, sales of floor tiles will gain momentum throughout the assessment period.
  • Residential replacement segment will remain dominant in terms of application, owing to increasing projects across various countries.
  • The U.S. is anticipated to witness healthy growth, expanding at a 6.50% CAGR between 2021-2031.
  • Italy will lead the market in Europe, owing to high export volume, exhibiting market expansion at 5.70% CAGR.
  • South Korea and Japan will account for 13% of the total market share.

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Competitive Landscape

RAK Ceramics, Crossville, Inc., Atlas Concorde, Saloni Ceramica, Porcelanosa Grupo, Gruppo Ceramiche Ricchetti, Florida Tile, Mohawk Industries, Kajaria Ceramics, and China Ceramics Co., Ltd. are among top manufacturers of ceramic tiles in the market, accounting for 7-9% of market share in 2021.

Key strategies leveraged by leading players include product innovations, sustainable manufacturing practices, collaborations, and acquisitions to add artistic value to ceramic tiles designs and expansions of production facilities for increased production. For instance:

  • In 2019, RAK Ceramics introduced Serpeggiante range of vitrified tiles straight from Italy, a stylish and excellent stone for countertops, walls, and floors that were used in sculptures and architecture in ancient Italy.
  • In January 2021, Mohawk Tiles announced its operation expansion in Carroll County, Virginia, adding 19,000 square feet to its facility in order to fulfill the increasing demand for ceramic tiles.

More Insights on the Ceramic Tiles Market

In its latest report, FMI offers an unbiased analysis of the global ceramic tiles market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (floor and wall), application type (residential replacement, commercial, new residential, and others including facades and countertops), and across seven regions (North America, Latin America, Europe, Asia Pacific and Rest of the World).

Key Segments CoveredCeramic Tiles Market – Product Segment Analysis

  • Floor Tiles
  • Wall Tiles
  • Other Tiles

Ceramic Tiles Market – Application Analysis

  • Residential Replacement
  • Commercial
  • New Residential
  • Others (facades, countertops etc.)

Ceramic Tiles Market – Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World (RoW)

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Key Questions Answered in the Report
What is the current ceramic tiles market value?
At what rate did the ceramic tiles market grow between 2016 and 2020?
What are the key trends driving ceramic tiles sales?
Who are the leading players in the ceramic tiles market?
What will be the demand outlook for North America ceramic tiles market?
At what rate will ceramic tiles demand rise in Europe?
What is the market share of leading players in ceramic tiles market?
Which are the top countries driving the ceramic tiles market sales?
What is the current market share of Japan and South Korea in the global ceramic tiles market?

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Magnesium Oxide Market Size Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2031

The magnesium oxide industry is gaining momentum again as the key application sectors are getting back to the track after getting over the shockwaves due to the COVID-19 pandemic earlier in 2020. While the rise in demand for dead burned magnesia and caustic calcined magnesia fuelled the sales over the past decade, requirement in industrial, refractories, and other sectors is further spearheading the growth of magnesium oxide industry.

The latest revised edition of the report on ‘magnesium oxide’ market study by Future Market Insights (FMI) offers an in-depth analysis of the global industry trends, growth & restraining factors, and demand-supply trajectories during the forecast period of 2021 to 2031. As per the report, the industrial sector will majorly account for the industry growth while North America, Europe, Latin America, and Asia Pacific will remain the leading region.

The latest revised edition of the report on magnesium oxide market study by Future Market Insights (FMI) offers a thorough analysis of the global industry potential, its key driving & restraining factors, and demand-supply patterns during the forecast period of 2021 to 2031. According to the report, the United States, Germany, China, Japan, and a few other countries will emerge highly lucrative, while overall 20+ countries will maintain positive industry outlooks throughout the forecast period.Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-1622

magnesium oxide market characteristics and attributes with regional relevence

Key Takeaways from Market Study

  • The global magnesium oxide industry is expected to ascend at over 5% CAGR through 2031
  • High demand for dead burned magnesia (DBM) to augment the industry growth
  • Rise in application in industrial sector to propel the demand growth
  • The United States to remain in the leading position in North America magnesium oxide industry
  • Germany to maintain its lead in Europe magnesium oxide industry
  • Asia Pacific to register the fastest growth throughout the forecast period
  • China, Japan, the United Kingdom, India, Canada, and a few other countries to have positive industry outlook

“The growing demand in refractory application, especially in iron and steel industry is set to bolster the growth of magnesium oxide suppliers. Additionally, DBM grade magnesium oxide is expected to contribute over 50% of the revenue generated in the refractory industries,” says an FMI analyst.

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Magnesium oxide has extensive application across diverse industrial sectors such as-

  • Soil remediation
  • Wastewater treatment
  • Emissions treatment
  • Drinking water treatment
  • To molten iron and steel to remove sulfur

And others. As a result the demand from these sectors are aiding in the growth of magnesium oxide providers.

According to a report titled “Performance of the Agriculture Sector- Statistics Explained” published by the European Commission (EC), the European Union (EU)- 27’s agricultural industry created gross value added of EUR 176.4 Billion in 2019, while agriculture contributed 1.3% to the EU-27’s Gross Domestic Product (GDP) in 2019. This gives a glimpse of the high demand for magnesium oxide across various industrial sectors.

Who is Winning in This Space?

The players in the global magnesium oxide industry are experiencing strict competition. In order to maintain their leading positions through the cut-throat competition, they are launching cost-effective and broader range of products.

For instance,

  • Premier Magnesia LLC launched its new range of products such as EnviroBlend®, MAGOX®, Thioguard®, AQUAMAG®, and others during the last few years
  • Ube Industries Ltd. launched its new range of Magnesia Clinker, Magnesium Hydroxide Dry, and others a couple of years back

More Valuable Insights

In its latest report, FMI offers an unbiased analysis of the magnesium oxide market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (dead burned magnesia, caustic calcined magnesia, and fused magnesia), and application (industrial, refractories, agricultural, and others), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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Magnesium Oxide Market Segmentation by Category

Product Type

  • Dead Burned Magnesia
  • Caustic Calcined Magnesia
  • Fused Magnesia

Application

  • Industrial
  • Refractories
  • Agricultural
  • Others

Region

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

Key Questions Answered in the Report
Which are the top companies providing magnesium oxide?
Which are some of the lucrative markets for magnesium oxide?
Which product type accounts for high sales of magnesium oxide?
Which application of magnesium oxide is boosting the demand growth?

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3D Printing Market 2021 | Current and Future Demand, Analysis, Growth and Forecast By 2031

The global 3D printing market is anticipated to expand at a CAGR of 20.4% between 2021 and 2031, finds Future Market Insights (FMI) in a study. With growing adoption of advanced solutions and development of new business models following industry 4.0, countries in Asia Pacific and Europe, such as India, China, Italy, and France are expected to exhibit increasing growth opportunities.

Rapid growth in their IT infrastructure and rising penetration of smart devices will aid the expansion of the market in the aforementioned regions. 3D printing manufacturers are therefore focusing on expanding their global reach to capitalize on the existing opportunities.

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3D printing solutions are increasingly being deployed across different industry verticals such as aerospace, defense, industrial equipment, consumer goods, medical, and automotive, among others. Consumer goods industry vertical accounts for more than 22% of the global market share followed by automotive, healthcare, and aerospace industry verticals of the global 3D printing market share.

Key Takeaways from Market Study

  • Global 3D printing market is forecast to reach a valuation of over US$ 19.16 Bn by 2021
  • The market in the U.S. will remain highly lucrative one, accounting for over 70% sales in North America
  • Both Germany and the U.K. will exhibit double digit growth. The U.K. market will exhibit above 23% y-o-y growth in 2021
  • China, Japan, and South Korea will continue exhibiting high demand for 3D printing. Overall the East Asia market will exhibit above 21% CAGR between 2021 and 2031
  • Expansion of the consumer goods sector will support growth in India over the forecast period

“Growing demand for customized, cost-effective, and highly efficient 3D printing solutions and services will remain chief growth drivers. With key players increasingly focusing on research and development, the market will gain impetus in the coming years,” says a FMI Analyst.

COVID-19 Pandemic Impact Analysis

The COVID-19 pandemic outbreak has disrupted many industries, including the 3D printing market. The spread of COVID-19 has affected 3D Printing adoption in Europe, Asia, and North America partially in the Middle East, Africa, and Latin America. Various industries have been affected during the pandemic, and as a result of that, there has been a considerable effect on 3D printing. With the decline in the sales of vehicles, there has been a considerable decline in the demand for production parts and other equipment. At the beginning of the pandemic, many countries were not prepared for the influx of COVID-19 patients. Many hospitals lacked adequate hospital beds and equipment to cope with the surging number of cases.

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However, a broad spectrum of 3D-printing applications were introduced in the fight against COVID-19. The technology was used for manufacturing personal protective equipment (PPE), medical and testing devices, personal accessories, visualization aids and, emergency dwellings among others. 3D printing is also being used to provide training and visualization aids for healthcare workers to cope with the limited pool of trained personnel.

During the pandemic, the 3D printing market has witnessed a considerable surge in sales. Due to lockdown in many countries, the manufacturing and supply chain are affected, however, the demand for 3D printing had remained stable. This is due to the fact that, there has been a growing trend in the demand for 3D printing services, which is anticipated to significantly rise in the near future.

Who is winning?

Some of the leading players operating in the 3D printing market are 3D Systems, Inc., Stratasys, ExOne, SLM Solutions, Voxeljet, Proto Labs, Nano Dimension Ltd., Renishaw Plc, Nanoscribe GmbH, Optomec Inc., Ultimaker BV, and Arcam EBM (General Electric), among others.

Find More Valuable Insights

FMI’s puts forward an unbiased analysis of the global 3D printing market, providing historical demand data (2016-2020) and forecast statistics for the period 2021-2031. To understand the opportunities in this space, the market is segmented on the basis of component (3D Printers, 3D Printing Software, Services) Technology (Stereolithography, Fused Deposition Modelling (FDM), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Electron Beam Melting (EBM), Digital Light Processing (DLP), and Others), Application (Prototypes, Tools & Fixtures, and Production Parts), and industry (Automotive , Healthcare & Medical Devices, Aerospace & Aeronautics, Consumer Goods, Industrial, and others), across six major regions of the world.

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Textile Flooring Market anticipated to top US$ 301.52 Bn by 2029, expanding at a CAGR of 6.8% during the forecast period 2022-2029

The report inspects the textile flooring market and provides insightful information for the forecast period of 2022-2029. As per the conclusion of the report, the global textile flooring market is projected to experience significant growth during the forecast period. Rising consumer confidence, increasing disposable incomes, and intensifying demand for luxury flooring options due to booming residential and commercial sectors are the factors expected to contribute towards the textile flooring market growth in the upcoming years.

Attribute Details
Textile Flooring Market Estimated Size in 2022 US$ 190.26 Bn
Textile Flooring Market Projected Size in 2029 US$ 301.52 Bn
Textile Flooring Market Historical CAGR (2018-2021) 5.4%
Textile Flooring Market Value-based CAGR (2022-2029) 6.8%

The global textile flooring market was valued at ~US$ 150 Bn in 2018, and is projected to register robust growth of ~6.8% during the period 2019 – 2029. This growth is predominantly driven by the textile industry growth. Over the past few years, consumption of textiles and furnishings for homes has witnessed consistent growth, driven by factors such as rising consumer spending on home renovation, accelerating investments in infrastructural development, and rising demand from Asian countries such as India, China, South Korea, and Indonesia.

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Rising Attractiveness of the Asia Pacific Market

The textile industry in the Asia Pacific region has registered substantial growth in the last few years, owing to rising demand from various end-use industries. Strict quality control, advanced production technologies, and customer & fashion-oriented marketing tactics are several dynamic factors attributing to the current boom in the textile flooring market. Along with this, competitive price performance ratio compared to other materials is also boosting the market growth.

Robust growth in the healthcare sector has led to demand for flooring systems for specific application types. Moreover, increasing popularity of ‘artificial grass’ in outdoor lawns and sports fields is expected to further drive sales of textile flooring in the Asia Pacific region during the forecast period.

Synthetic Textiles to Experience High Demand in the Market

A healthy growth trajectory is projected for the textile flooring market. In addition, rising use of synthetic textiles in residential sector is likely to result in increased market share over the forecast period.

  • Synthetic textiles are widely utilized for the production of textile flooring. Synthetic textiles are projected to register significant growth in the global textile flooring market during the forecast period. Synthetic textile-based flooring is one of the key components of interior refurbishment systems used in residential and commercial spaces.
  • Growth of textile flooring based on tufting technology is mainly attributed to the fact that it is the most commonly accepted technology by manufacturers in terms of manufacturing cost, as well as easy installation and ease of use by consumers.

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Textile Flooring Market: Vendor Insights

The report highlights some of the key market leaders, who are well-established market players and have proven themselves as the prominent shareholders in the global textile flooring market. Some examples of key players operating in the global textile flooring market are Mohawk Industries, Inc., Interface, Inc., Beaulieu International Group N.V, Tarkett SA, Balts Group, Shaw Industries Group Inc., Forbo Holding AG, Mannington Mills, Inc., J+J Flooring Group, and Vorwerk and Co. KG, among others.

In terms of market structure and tier analysis, the global market for textile floorings is fragmented with the top 10 players holding a 35%-40% share in the overall market. This is mainly due to the reason that there are a large number of Chinese and other players involved in the manufacturing of textile floorings. Major players in the market are focusing on expansion plans to enhance production capacities and upgrade operations.

The study finds that the rapid development in the residential sector across the globe are expected to surge demand for textile flooring for numerous applications in these sectors. In a nutshell, the global textile flooring market will continue to grow at a CAGR of ~6% during 2019-2029. For an in-depth report on the textile flooring market write to the analyst

Textile Flooring Market Key Segment

By Material Type

  • Synthetic Textiles
    • Polypropylene
    • PET
    • Acrylic
    • Nylon
  • Animal Textiles
    • Wool
    • Fur
  • Plant Textiles
    • Grass
    • Sisal

By Product Type

  • Rugs
  • Carpets

By Technology

  • Tufting
  • Woven
  • Needlefelt

By Application

  • Residential
  • Commercial
  • Others (Industrial, etc.)

By Region

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

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Key Questions Answered in the Report
What is the current textile flooring market value?
At what rate did the sales of textile flooring grow in the last assessment period?
At what rate will textile flooring market grow between 2022 and 2029?
Which is the most lucrative market for textile flooring?
What is the Eastern Europe textile flooring market outlook?
Which product type segment accounts for maximum textile flooring sales?

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Cyber-Physical System Market 2022 Expectations & Growth Trends Highlighted Until 2028

The global cyber-physical system market size is expected to grow from US$ 86,979.6 Mn in 2022 to US$ 137,566.0 Mn by 2028. The cyber-physical system market is anticipated to grow at a CAGR of 7.9% during 2022-28.

The cyber-physical system market accounted for almost 40% market share of global information security market. The cyber-physical system market is anticipated to show significant growth in coming years. This attributes to increasing adoption of cyber-physical system software & cyber-physical system hardware in various applications including smart grid, embedded systems, autonomous medical monitoring, industrial control systems, and industrial robotics systems. 

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It is always wise to invest in the latest technology instead of being a laggard in terms of technology adoption. Both developed and developing countries are adopting smart technologies to enable a seamless work experience. With this, the demand for cyber-physical systems is also gaining traction across the globe, thereby compelling service providers and vendors to collaborate with solution providers and integrate various communication platforms in order to push the implementation of cyber-physical systems. The core strategies that several cyber-physical system providers are implementing are investment in research and development and partnerships with research organizations for product development. Some of the companies operating in the global cyber-physical system market are Dell EMC, Hewlett Packard Enterprises, IBM Corporation, VMware Inc., SAP SE, Schneider Electric, and Oracle.

cyber physical system market

Decreasing Prices of Networking and Sensors to Boost Adoption

The principal components of a cyber-physical system are storage units, sensors, computing unit, software, and actuators. The declining prices of sensors reduce the overall cost associated with the system, which makes it achievable for small- and medium-sized enterprises. This in turn drives the adoption and application of cyber-physical systems across various industries. Furthermore, the growing economy of several developing economies is benefiting the adoption of cyber-physical systems across the globe. The average household income of developing countries such as India, China, and Brazil among others is anticipated to increase significantly in the coming years. This will shoot up the demand and adoption of new technologically advanced systems such as IoT and CPS, as these nations have witnessed a transition in their spending behavior, and have shown positive adaptability towards such systems for an enhanced end user experience. The swelling economic growth of several developing countries is expected to drive the global cyber-physical system market.

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Data Breaches and Security Threats to Obstruct Market Growth

The core factor limiting the growth and adoption of cyber-physical systems is the dearth of security associated with these systems. As any type of system is linked with the cloud, it becomes susceptible to cyber-attacks and data breaches. Moreover, the change from a closed system to an open system has further made way for this risk. As the application of cyber-physical systems is in industries such as manufacturing, healthcare, and automotive, among others, it comprises valuable data and information that could lead to a catastrophe under a data attack. Consequently, with the threat of compromising critical data, many industries are hesitant in adopting cyber-physical systems. This can restrain market growth to a certain extent.

Cyber-Physical System Market Survey by Category 

By Component:

  • Cyber-Physical System Hardware
  • Cyber-Physical System Software
  • Cyber-Physical System Services

By Vertical:

  • Aerospace and Defense
  • Automotive
  • Energy and Utility
  • Healthcare
  • Manufacturing
  • Consumer Electronics
  • Others

Region:

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

Key Questions Answered in the Report

  • How much is the global Cyber-Physical System Market valued at?
  • Which are the top 5 countries driving most of the demand for Cyber-Physical System?

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Magnesium Hydroxide Market sales to reach a value of US$ 1,560.2 Mn by 2030 end

Consistently increasing demand for magnesium hydroxide for wastewater treatment is expected to shape the growth of the global magnesium hydroxide market during the forecast period (2020-2030). Although the COVID-19 pandemic is likely to hinder market growth during the first half of the forecast period, the global magnesium hydroxide market is projected to attain a market value of US$ 1,560.2 Mn by the end of 2030. As per the latest study published by Future Market Insights (FMI), the COVID-19 pandemic is likely to have a short-term impact on the growth prospects of the global magnesium hydroxide market.

Magnesium Hydroxide Market Value (2021A) US$ 939.5 Mn
Magnesium Hydroxide Market Estimation (2022E) US$ 992.5 Mn
Magnesium Hydroxide Market Projections (2030F) US$ 1,560.2 Mn
Value CAGR (2022-2030) 5.8%
Collective Value Share: Top 3 Countries (2022E) 53%

At present, applications of magnesium hydroxide extend beyond wastewater treatment, as it is being increasingly being used for an array of applications including gold mining, warehouses, antacid, thermal conduction, and the wet pallet collodion process among others.

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Key Takeaways of Magnesium Hydroxide Market

  • Magnesium hydroxide emerges as an ideal substitute for lime and caustic soda in wastewater treatment
  • Brine/seawater precipitation would remain the most prominent manufacturing process due to its long-term economic benefits
  • Soaring demand for technical/industrial grade magnesium hydroxide expected to provide impetus to market growth
  • South Asia and East Asia remain in the vanguard in terms of market growth; key market players likely to focus on tapping onto the opportunities in these regions
  • Surge in demand for environmental applications will assist market growth. Widening applications in the chemical sector will provide a boost to the market growth

Over the past few decades, magnesium hydroxide has emerged as an ideal inorganic compound for environmental applications including flue gas desulphurization and wastewater treatment. This remains a strong factor contributing towards market growth.

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High Demand for Wastewater Treatment Projected to Augment Market Growth

Over the past couple of decades, magnesium hydroxide is increasingly being used for wastewater treatment applications across the developed as well as the developing regions. As governments across the world continue to emphasize on improving wastewater treatment techniques, magnesium hydroxide has emerged as an ideal candidate. At present, due to the advantages presented by magnesium hydroxide slurry, its adoption is projected to outpace that of lime and caustic soda.

In addition, apart from being an ideal alternative for wastewater treatment, magnesium hydroxide is extensively being used for acid neutralization of industrial wastewater. As the industrial applications of magnesium hydroxide expand, the industrial-grade magnesium hydroxide will gain stronger traction to capture a higher revenue share in the global market.

Short-term Ramifications of COVID-19 Pandemic

FMI study states that the COVID-19 pandemic is expected to have a short-term impact on the overall growth prospects of the global magnesium hydroxide market. The market study predicts that the demand will remain sluggish during the coronavirus outbreak as the governments across the world continue to enforce trade restrictions due to which, market players are expected to address the supply chain challenges put forward by the crisis.

Know More About FMI’s Magnesium Hydroxide Market Report

Magnesium hydroxide study published by Future Market Insights offers resourceful insights related to the growth trajectory of the magnesium hydroxide market during the forecast period (2020-2030) on basis of application (environmental, pharmaceutical, flame retardant, chemicals & others), grade (food/pharma and technical/industrial) across the most prominent regions worldwide.

Magnesium Hydroxide Market: Taxonomy

The global magnesium hydroxide market is classified in detail to cover every single aspect of the market and deliver complete market intelligence to the reader.

Grade

  • Food/Pharma
  • Industrial/Technical

Application

  • Environmental
    • Flue-gas Desulphurisation
    • Wastewater Treatment
  • Pharmaceuticals
  • Chemicals & Others
  • Flame Retardants

Region

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

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Key Questions Answered in the Report
What is the current size of the Global Magnesium Hydroxide Market?
What is the Demand outlook of Magnesium Hydroxide in the Global market?
Which Application is expected to remain prominent in the Global Market of Magnesium Hydroxide?
Which Grade is expected to remain prominent in the Global Market of Magnesium Hydroxide?
What is the expected consumption outlook of Magnesium Hydroxide in China?

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Cyber Security in Robotics Market 2022 Assessment and Key Insights Analyzed Till 2029

Sales in the global cyber security in robotics market are slated to top US$ 3.5 Bn in 2022. Expanding at a healthy 11.0% CAGR, the market size is projected to total US$ 7.2 Bn by 2029.

The high demand for firewall security services and similar other solutions such as encryption solutions, denial of service protection solutions, and authentication solutions across the globe is likely to propel the growth in this market. This is attributable to the increasing number of cyber-attacks, such as brute force, phishing, spoofing, man-in-the-middle, and robot denial of services.

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Insecure communications, authentication issues, weak default configuration, denial of service attacks, risk and vulnerabilities, and privacy issues have raised several security concerns in robotics. In consequence, the demand for cyber security solutions and services in robotics is increasing to prevent robot from being hacked, monitor the vulnerabilities, prevent the data from being tampered, and to prevent unauthorized access.

cyber security in robotics market

According to the FMI report, authentication solution is expected to create an incremental opportunity of ~US$ 1.6 Bn for cyber security in robotics during the forecast period of 2021 to 2029. In addition, denial of service protection solution is expected to witness high adoption rates during the forecast period, due to overloading online services which are vulnerable to DOS attacks. Furthermore, the world is witnessing rapid increase in information security, human safety, data protection which, in turn, is creating potential growth opportunities for the cyber security in robotics market players.

Leveraging Artificial Intelligence and Machine Learning for Cyber Defense

Artificial Intelligence and Machine Learning are being applied across major industries and applications, including the cyber security in robotics. These technologies are used to detect the cyber threats based on analyzing data and identifying a threat before it exploits a vulnerability in the information security in robotics. Moreover, Machine Learning remains a key focus area of companies operating in the cyber security in robotics market, as it enables the robot to predict threat and observe behavior anomalies with more accuracy. Machine learning and artificial intelligence are also used for detecting and tracking the active phishing sources.

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Gains Upheld by Manufacturing Industry Prioritizing Robotic Security

Security concerns in robotics are increasing, as robots are connected to other robots, enterprise, or to the cloud, which enables access to internal systems and data servers. The data collected by robots is used by manufacturers to maximize the production efficiency and improve product quality. To ensure safe production, manufacturers are investing in cyber security solution such as authentication solution, encryption solution, secure communication solution, and denial of service protection solution to protect robots from hacking and to deal with vulnerabilities in the process. Cyber security is a top priority for manufacturers as cyber-attacks on robots can cause them a huge loss in production.

Cloud-based Security in Robotics

The data gathered by robots in different sectors can be stored on the cloud and can be used in the future. This ensures productivity growth and lower costs for enterprise. Cloud-based security is important in robotics as it provides better tracking and monitoring system than other security solutions. It also provides real-time firewall and signature updates blocking harmful traffic.

Cyber Security in Robotics Market by CategoryBy Solution:

  • Authentication
  • Secure Communication
  • Encryption
  • Denial of Service Protection
  • Risk & Vulnerability Management

By Services:

  • Security Testing
  • Upgradation & Patch Management
  • Security Assessment

By Type:

  • Industrial Robot
  • Medical Robot
  • Collaborative Robot
  • Defense Robot
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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Key Questions Answered in the Report

  • What is the global cyber security in robotics market size?
  • What is the share of the defense robot type segment in the cyber security in robotics market?

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Magnesium Metal Market Outlook Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2031

According to a latest magnesium metal market report published by Future Market Insights, the long-term outlook of the global magnesium metal market remains optimistic. Global magnesium metal revenues are set to grow at a CAGR of over 7% through 2031.

Analysis of the Magnesium Metal Market

The use of magnesium metal and magnesium metal alloys in aircraft and aerospace applications is expected to witness a steady growth over the forecast period. Over the years, aircraft manufacturers across the globe have focussed on developing lighter and more fuel-efficient aircraft in order to adhere to stringent emission norms and regulations imposed by various regulatory bodies and associations. Magnesium metal is one of the lightest metals on Earth.

Moreover, magnesium metal is relatively more dimensionally stable, resistant to elevated temperatures, and relatively easier to process. Also, the reduction process associated with the manufacture of metals such as titanium, hafnium, uranium, zirconium, and beryllium, among others, is one of the major application areas for magnesium metal. Titanium is obtained from ores such as rutile, Ilmenite, leucoxene, and pervoskite, among others. Major steps involved in the production process of magnesium metal include extraction, purification, and sponge production.

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Magnesium Metal Market: Factors Impacting Growth

The global magnesium metal market report has been analysed on the basis of application. By application, magnesium metal is used in die-casting, aluminium alloys, metal reduction, desulphurization, and others.

The global magnesium metal market has been viewed as a high value, moderate growth type market, which is expected to follow suit during the forecast period. During the past decade, the world has witnessed a rising preference for magnesium metal, which is primarily due to its application in aluminium alloy.

The main reason for the growth of the magnesium metal market is its increased adoption rate. Increasing emphasis on automotive light-weighting is also expected to impact the magnesium metal market positively over the forecast period. Growing automotive sales and a corresponding increase in automotive /vehicle parks is expected to result in a significant increase in environmental greenhouse gas emissions.

Magnesium metal is around 65% lighter than steel and 33% lighter than aluminium. Moreover, the use of magnesium metal for automotive components results in parts that are not only lighter in weight but also relatively more dimensionally stable. Besides, several intricate and thin-walled components can be manufactured with relatively more ease vis-à-vis some of the conventional materials.

Magnesium Metal Market: Top Participants

Some of the market participants identified in the magnesium metal market are US Magnesium LLC., Dead Sea Magnesium Ltd, POSCO, RIMA Group, Solikamsk Magnesium Works OAO, Wenxi YinGuang Magnesium Industry (Group) Co., Ltd., Shanxi Wenxi Hongfu Magnesium Co., Ltd., Shanxi Wenxi Zhenxin Magnesium Co., Ltd., and Taiyuan Tongxiang Magnesium Co., Ltd.

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The magnesium metal market is a highly competitive market, consisting of tier-1 global scale manufacturers and a greater proportion of small-scale magnesium metal manufacturers catering to domestic demand. However, large industrial operations seek products from reputed magnesium metal manufacturers for demand procurement.

Key strategies employed by tier-1 magnesium metal manufacturers include the provision of effective sales and services, strategic tie-ups with regional distributors/manufacturers to foray expansion in untapped markets, and undergoing restructuring business operations to optimize the use of resources.

Magnesium Metal Market: Segmentation

By Application

  • Die-casting
  • Aluminium Alloys
  • Metal Reduction
  • Desulphurization
  • Others

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excl. Japan
  • Middle East and Africa
  • Japan

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Key Questions Answered in the Magnesium Metal Market Report

  • How has the magnesium metal market evolved in the past four years?
  • What shape is the magnesium metal market expected to take in terms of volume and value during the study period?
  • What are some of the prevailing market dynamics in the magnesium metal market?
  • What are the competition developments and trends in the magnesium metal market?
  • What are some of the underlying macro-economic and industry factors impacting the growth of the magnesium metal market?
  • What are the important key challenges, opportunities, and improvement factors for magnesium metal market players?
  • What are the important market positioning and key strategies of key manufacturers as per the magnesium metal market taxonomy?
  • How is the competition structured at present, and how has it evolved in the magnesium metal market over the past few years?

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