Market Research Blog – Page 13449 – New Product Development

Textile Auxiliaries Market Size by 2026: Global Demand and Regional Analysis

Global textile auxiliaries sales are projected to reach 2.58 million tonnes in 2017, up from 2.49 million tons in 2016. In terms of value, the global textile auxiliaries market will reach US$ 7.76 Bn in 2017.

Demand will remain strong in Asia Pacific excluding Japan (APEJ) – the largest and the fastest growing market for textile auxiliaries. Textile auxiliaries sales in APEJ were valued at over 829 thousand tonnes in 2016.

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Key factors fuelling demand of textile auxiliaries include,

Sustained demand from sports and medical equipment industry. Increasing applications of textile auxiliaries across a wide range of end-use industries is expected to fuel demand in the foreseeable future.
Growth of construction sector in emerging economies of Brazil, Russia, India, and China is positively influencing demand for textile auxiliaries. Demand is especially strong for Buildtex – a technical textile suitable for construction purposes.
Environmental sustainability is gaining center stage globally, influencing companies to opt for eco-friendly materials. This is promoting the use of textile auxiliaries, especially Oekotech.
Textile auxiliaries sales are also influenced by growth of the global textile chemicals market. As per 2014 data, textile chemicals accounted for nearly 2% of the US$ 785 billion global specialty chemicals market.
In addition to aesthetics, textile and apparel companies in the U.S. and Europe are focusing on boosting functionality of their products. As a result, demand for functional finishes is witnessing an increase. Growth in the parent market is expected to fuel demand for textile auxiliaries market.
Surging demand for mobiltech textile auxiliaries in automotive sector is also contributing to the growth of the market.

Although Future Market Insights maintains a positive outlook on the global textile auxiliaries market, high price of finished products and toxic waste production have remained longstanding challenges. Production innovation and R&D can mitigate the impact of these challenges, and top players are working toward addressing these.

By product type, the global textile auxiliaries market is segmented into,

Pre-treatment agents
Softening agents
Anti-foaming agents
Odour absorbers
Corrosion inhibitors
Dyestuff
Finishing agents

Among these, pre-treatment agents is the highest-selling product type, selling over 660 thousand tonnes in 2016. Corrosion inhibitors accounted for the lowest demand among all product type segments.

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By end-use, the global textile auxiliaries market has been segmented into,

Apparel
Home and institutional
Technical textiles
Digital printing

Apparels account for the bulk of demand for textile auxiliaries – in 2016, demand for textile auxiliaries from the apparel segment was worth 1.25 million tonnes. Technical textiles is the smallest segment in terms of volume sales.

APEJ is projected to remain the largest market for textile auxiliaries globally. The market in the region is anticipated to grow at 5.1% CAGR and surpass 1.37 million tonnes in volume by 2026. In terms of value, the APEJ textile auxiliaries market is expected to surpass US$ 4.5 billion by 2026.

Leading companies in the global textile auxiliaries market include Huntsman International, Tata Chemicals, Dow Chemicals, Evonik Industries, Archroma Limited, DyStar, Oleon, Rudolph GmbH, Zschimmer and Schwarz Gmbh & Co KG, and ChemDyes Sdn Bhd.

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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.

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Website: https://www.futuremarketinsights.com

Polymer Concrete Market is set to grow at 7.9% CAGR through 2027- FMI

As compared to conventional concrete products, polymer concrete products have been observed to display a superior compressive strength as well as impact strength. Moreover, polymer concrete is capable of enduring high-frequency vibrations and can be used for constructing complex shapes. Therefore, use of the polymer concrete in industrial infrastructures such as waste containers, pump bases, industrial flooring blocks, chemical containments and trench drains has grown significantly over the past couple of years. Recently, Future Market Insights (FMI) conducted a study on the global market for polymer concrete and found that production of polymer concrete is likely to grow from 143,620 Tons in 2015 to 328, 0159.9 Tons by the end of 2027.

FMI’s report titled “Polymer Concrete Market Global Industry Analysis and Opportunity Assessment, 2017–2027” reveals that currently, the market is valued at around US$ 300.5 Mn and is estimated to exceed US$ 691 Mn by 2027, reflecting a 7.9% CAGR during the forecast period (2017-2027). The market is expected to witness an incremental $ opportunity of US$ 369.9 Mn during the same period on account of the increasing requirement of materials with high durability, chemical resistance and corrosion resistance. On the flip side, lack of product awareness continues to be a major factor, inhibiting the growth of the market.

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Additional Insights from the Report Include:

Regions such as Europe and North America are already witnessing a widespread adoption of polymer concrete material in the construction application.

Owing to the low-cost benefit over other resins, polyester continues to be the preferred choice for manufacturing polymer concrete products. By 2017-end, polyester polymer concrete is expected to account for more than 25% market share.

On the basis of binding agents, synthetic resins hold a major share of the market. Synthetic resins are estimated to account for around 62.4% share of the market by 2017-end. At the same time, demand for natural resin is expected to remain sluggish throughout the forecast period.

Polymer concrete finds widespread application in building chemical containments and pump bases. Collectively, these two segments account for more than 30% value share of the market.

In 2017 and beyond, the global polymer concrete market is expected to be massively influenced by further product innovation and new product development.

Manufacturers of polymer concrete have channelized efforts on developing multiple desired properties in their products to gain competitive advantage, such as toughness, durability & long life, extreme chemical resistance and ease of installation of polymer concrete products. FMI in its report has profiled some of the leading companies operating in the global market for polymer concrete, which include ACO Group, Sika AG, BASF SE, and Kwik Bond Polymers LLC.

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Market Taxonomy

Material Type

Polyester
Vinyl Ester
Epoxy Based
Others

Binding Agent

Natural Resin
Synthetic Resin

Application

Solid Surface Countertops
Outdoor Seats and Benches
Waste Containers
Pump Bases
Flooring Blocks
Chemical Containments
Trench Drains
Others

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Rare Earth Metals Market is expected to reach a valuation of US$ 3,818.8 Mn between the forecast period 2021 and 2031

As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global rare earth metals market is poised to witness steady growth at around 6% CAGR, exceeding the market valuation of US$ 3,818.8 Mn between the forecast period 2021 and 2031.

Growing consumer preference towards electronic vehicles and rapid expansion of the automotive and electronic industry are emerging as chief factors augmenting the growth of the rare earth metals market.

Presence of high-growth potential industries including consumer goods and renewable energy in developed countries such as the U.S., the U.K., and Germany will propel sales in the market.

Permanent magnets used in wind turbines are produced from rare earth metals such as dysprosium and neodymium. Considering this, a steady expansion of wind turbine installations worldwide will create conducive environment for rare earth metals sales.

Besides this, the market will continue gaining from application in manufacturing batteries installed in electric vehicles. With electric and hybrid vehicles sales forecast to gain momentum in the coming years, the demand for rare earth metals with consistently rise.

Rising digitization and urbanization in developing countries such as China, India, and South Korea is boosting the demand for consumer electronics, which in turn is fostering sales of rare earth metals.

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As per FMI, Asia Pacific excluding Japan will continue exhibiting high growth within the global market. Within the region, the Neodymium segment is likely to gain remarkable 270 basis points by 2026 in comparison to that of 2016.

China, trailed by India, will emerge as the dominant market for rare earth metals in Asia Pacific. The continued surge in mining activities, besides expansion of electronics and automotive sectors will support growth in the country.

Key Takeaways from FMI’s Rare Earth Metals Market Study

Neodymium will emerge as the most preferred metal type throughout the forecast period.
Permanent magnets will dominate the application-type segment.
The U.S. will exhibit high demand due to rapid expansion of automotive and renewable energy industries.
China will lead the rare earth metals market owing to the presence of major players and increasing production of consumer electronics.
The U.K. will experience steady growth, which is attributable to increasing demand by various end-use industries.
South Korea and Japan will account for nearly 14% of the market share.

“Companies operating in the market are adopting sustainable mining policies to gain competitive edge. Besides this, they are seeking approval from international organizations to aid capacity expansion,” says the FMI analyst.

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Competitive Landscape

China Northern Rare Earth (Group) High-Tech Co., Ltd., Rising Nonferrous Metals Share Co., Ltd., Lynas Corporation, China Minmetals Corporation Limited, and Aluminium Corporation of China Limited are some leading players operating in the rare earth metals market.

Key strategies being incorporated by manufacturers include emphasis on sustainable mining practices, research, and development regarding efficient use of metals, industry-grade machinery installations, and expansion of procurement facilities. For instance:

In December 2019, Lynas Corporation joined hands with Kalgoorlie Boulder, based out of Australia, to open a new processing plant for processing materials mined from the nearby Mt Weld lanthanide deposits.
In June 2021, Arafura Resources Ltd., received approval and a Letter of Support from the Northern Australian Infrastructure Facility (NAIF) for the inclusion of its Nolan NdPr sites as a statutory defined area of North Australia, enhancing the sustainable mining practices in the region.

How has COVID-19 Affected the Rare Earth Metals Market?

Due to the unprecedented COVID-19 outbreak, the rare earth metals market production has suffered unintended consequences. With China being the production and distribution hub for rare earth metals, operations in major refining, surface mining, manufacturing, and logistic activities were restricted.

As per the U.S. Geological Survey, China accounted for around 80% of the exports in 2019, although the exports declined in 2020 due to the pandemic.

Rare-earth metals are used in automobiles, home appliances, electronics, and various consumer goods. The interruption in the procurement of raw material and rare-earth-enabled components from China has affected these industries simultaneously.

However, with conscious efforts, the country has successfully contained the virus spread. With little to no restrictions, China is gradually resuming its mining and production activities, accelerating the production and export of rare-earth metals which will propel the growth of the market in upcoming years.

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More Insights on the Rare Earth Metals Market

In its latest report, FMI offers an unbiased analysis of the global rare earth metals 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 application type (catalysts, permanent magnets, metallurgy & alloys, polishing, glass, phosphors, ceramics, and others (fertilizers, pigments, defense, etc.) metal type (Neodymium, Yttrium, Dysprosium, Terbium, Europium, Cerium, Lanthanum) across seven major regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan, and Middle East & Africa)

South Asia Geosynthetics Market is expected to register a value CAGR of 12.7% over the forecast period 2017–2027

The geosynthetics market has been witnessing a phenomenal growth over the past few years. Above-average GDP growth in the developing South Asian economies such as Vietnam, India, and Indonesia has resulted in an exponential growth of construction activities, which in turn is fuelling the demand for geosynthetics across these regions. Moreover, the geosynthetics market is becoming competition-intensive, owing to the presence of a large number of manufacturers.

Key players in the South Asia geosynthetics market include Enviro Geosynthetics Pvt. Ltd., Global Synthetics Pty Ltd, NAUE GmbH & Co. KG, Polyfabrics Australasia Pty Ltd, Tensar International Corporation, Geofabrics Australasia Pty Ltd, HUESKER Synthetic GmbH, GSE Environmental, Inc., E.I. du Pont de Nemours & Co., and Koninklijke Ten Cate NV.

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India Continues to Remain the Most Lucrative Country for Geosynthetics in South Asia

Future Market Insights (FMI), in its report titled, “Geosynthetics Market: South Asia Industry Analysis and Opportunity Assessment 2017-2027” projects the global geosynthetics market to expand at an impressive double-digit CAGR of 12.6% during the forecast period in terms of volume. FMI estimates that sales of geosynthetics will surpass 1700 Mn m² in South Asia by 2027. India is expected to be the most lucrative country in South Asia geosynthetics market, followed by ASEAN (Association of Southeast Asian Nations). India is expected to account for more than 700 Mn m² sales of geosynthetics by 2027.

Polypropylene Remains the Most Sought-After Geosynthetic Material

By product type, geotextile is likely to continue its dominance over the South Asia geosynthetics market, expanding at a volume CAGR of 13.9%. Geomembrane, another prominent product type, is expected to reach 274.3 Mn m² by the end of the forecast period.

Polypropylene remained the most lucrative material in the South Asia geosynthetics market, and is expected to remain so during the forecast period. This segment is anticipated to account for 55.5% market volume share by 2027.

Separation continues to be the leading primary function for geosynthetics, whereas containment primary function is estimated to witness fastest volume growth at 14% CAGR during the forecast period.

Demand for geosynthetics from road construction sector is expected to remain robust during the forecast period. Future Market Insights estimates demand from this segment to surpass 900 Mn m² by 2027. In addition, ‘dams, riverbanks & waterworks’ will remain the second largest application segment in the South Asia geosynthetics market during the forecast period.

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Emphasis on Increasing Mining Capacity to Fuel the Demand for Geosynthetics in South Asia

Geosynthetic materials find widespread adoption in road development projects, mainly utilised for subgrade separation & stabilisation, filtration & drainage facility, base reinforcement, along with an overlay stress absorption & reinforcement. The application of geosynthetics in railway lines facilitates improved stress propagation and provides better stability. Applications in these sectors will continue to fuel the demand for geosynthetics in South Asia.

Geosynthetic materials are also witnessing robust demand from the mining industry. Emphasis on increasing mining capacity and related productivity has compelled miners in propagating deep mining. Moreover, water containment or waterproofing applications utilise geosynthetic materials, particularly geomembranes, for avoiding water absorption by forming a layer. These factors are influencing the growth of the South Asia geosynthetics market.

Several governments are focusing on investing significantly in the development of road and rail infrastructure in the South Asian region, which in turn is expected to fuel the demand for geosynthetics in this region during the forecast period. In contrast, requirement of high-cost specialised equipment, lack of skilled personnel, absence of awareness on the long-term benefits of geosynthetics among contractors and construction companies is expected to restrain market growth.

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Textile Colourant Market Research Report 2022 – Global Forecast till 2026

Global demand for textile colourants was pegged at 5,972 thousand tonnes in 2016. It is projected to increase to 6,248 thousand tonnes in 2017. Demand for textile colourants is anticipated to remain steady on account of growing applications in apparel and automotive industries. Demand is anticipated to remain higher in developing countries, owing to low labour costs and infrastructure development. Asia Pacific accounted for nearly 53% revenue share of the global textiles market in 2014.

Cotton Largest Segment by Fibre Type

By fibre type, cotton remains the largest segment, followed by nylon and polyester. Demand for cotton textile colourants was pegged at 541 thousand tonnes in 2016; this is expected to reach 561.6 thousand tonnes in 2017. Among other fibre types, acrylic is projected to grow at the fastest CAGR.

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Reactive Dye Largest Segment by Dye Type

By dye type, the market has been segmented into,

Reactive dye
Acid dye
Direct dye
Disperse dye
Basic dye

Among these, reactive dye accounts for the highest volume share of the market. Over 611 thousand tonnes of reactive dyes were consumed in 2016 – this is projected to increase to over 636 thousand tonnes in 2017. Demand for acid dye, the second largest dye type, is expected to reach 586 thousand tonnes in 2017.

Powdered Textile Colourants Preferred by Manufacturers

On the basis of product form, the global textile colourant market has been segmented into powder, granules, paste, and liquid. Among these, demand for textile colourants in powder form is the highest, with this segment accounting for 663 thousand tonnes in demand.

Apparels Largest Application Segment

By application, the market has been segmented into apparels, household, technical textiles, automotive, and accessories. Demand for textile colourants in apparels is projected to surpass 1065 thousand tonnes in 2017.

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China to Lead Demand in APEJ

Asia Pacific excluding Japan remains the largest market for textile colourants globally. Textile colourants consumption in APEJ was estimated at 885 thousand tonnes in 2016; it is expected to grow to 925.5 thousand tonnes in 2017.

China remains the largest consumer of textile colourants in APEJ, accounting for nearly 531 thousand tonnes in 2016. This represents a market opportunity worth US$ 1.34 Bn. China textile colourants market is anticipated to grow at 5.2% in terms of value during the forecast period.

Leading companies profiled by Future Market Insights in its report include Huntsman Corporation, LANXESS AG, KRONOS Worldwide, Inc., Kiri Industries Ltd., Atul Ltd., Allied Industrial Corp., Ltd., Archroma Management LLC, DyStar Group, Standard Colors, Inc., and Dye Systems, Inc.

Home furnishing market will have a fairly high influence on the global textile colourant market

Textiles are used in home furniture such as drapery, carpet, and other furniture. An increasing demand for home furnishing leads to increasing demand for textiles in the market. This, in turn, results in increasing demand for textile colourant, thereby boosting the growth of the global textile colourant market. The automotive industry is likely to have a moderate impact on the textile colourant market.

In regions such as Europe and North America, use of technical textile materials is mandatory for automotive components such as air-bags and seat belts. Markets such as India and China along with Japan are expected to play an important role in driving demand for Mobiltech textiles. This, in turn, is fuelling the textile colourant market growth across the globe. The apparel market will have a moderate impact on the global textile colourant market.

Rapid rate of industrialisation is expected to boost demand in the global textile colourant market during the forecast period

Textile colourants have a wide application in industries such as apparel, automotive, furniture, etc. These industries are growing at a significant growth rate particularly in developing economies, and demand for textile colourant in these countries is on the rise. This factor is driving the global textile colourant market. Industrial application is one of the largest segments in the technical textile market and its growth is directly linked with that of industrial production.

This is expected to increase demand for various products under the Indutech textile segment such as textile auxiliary and textile colourant. The textile chemicals market is a key driving factor for the textile colourant market. Textile chemicals are a class of specialty chemicals that are used in various processes involved in textile and fabric processing.

Further, increasing consumer spending on sports and functional apparel is anticipated to witness significant growth in the near future. This in turn is expected to lead to increasing demand for textile colourant in the global market. Rapid rate of technological advancements is also likely to result in increasing demand in the global textile colourant market during the forecast period. The introduction of differentiated chemical offerings and chemicals for customer specific applications by major players in the textile chemicals industry has resulted in a higher profit margin for the manufacturers.

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Flat Glass Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2025

Most of the building materials and components are designed to do their jobs and never be seen. Glass is seen by people every day and never given a second thought to it. Without glass, luxury and modern high-rise living wouldn’t be possible. Glass has made life better by reaching unimaginable heights and enjoy the view then and there. Flat glass is one such component which is used on a large scale. It is a crucial component to the industrial as well as scientific sectors.

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Flat glass is used in a variety of end products which include facades and windows for buildings, solar panels, windows and windscreens among others. It is the second largest sector in the glass industry in the European Union. The key users of glass include the automotive industry, building and construction industry to a large extent. Flat glass plays a crucial role in mitigating the effects of climate change, energy conservation through high performance architectural glass products and in reducing greenhouse gas emissions (GHG). Owing to its significance, flat glass has large number of end use segments which also includes healthcare, optical, aerospace, electronics and telecommunication.

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The key drivers for the growth of flat glass market include the building and construction spending and advances in the solar panel production. In addition, changes and advances in the motor vehicle sector also contribute to the growing flat glass market. Growth of flat glass market also depends on growth emerging markets characterized by growing population, foreign investment and rising middle class and disposable incomes. Asia Pacific is the fastest and largest growing market globally. Japan is expected to contribute to fuel the demand of flat glass based on recovery of domestic building and construction sectors.

The key players in the lightweight materials market are: Asahi Glass, Nippon Sheet Glass, Guardian Industries, and Saint-Gobain. This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size & Forecast 2015 -2025
Supply & Demand Value Chain
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Market Drivers and Restraints

Vertical Immersion Pumps Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022

Vertical immersion pumps is a type of centrifugal pumps which is vertically immersed for the handling of water and other thin liquids. Vertical immersion pumps are also known as vertical column and shaft pumps. Vertical immersion pumps can cover a wide range of flow rates and heads making it a versatile type of transfer pump, and mainly used in the cases when flow rate exceeds the capabilities of a jet pump, and when the continuous running or special immersion lengths are required.

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It is especially suitable for pumping and circulating aggressive and abrasive media. Vertical immersion pumps offers similar range of services as magnetic drive centrifugal pumps, and enable additional opportunities due to applications in container or tank with the installation of vertically submerged.

Vertical immersion pumps has several advantages such as space saving by direct installation, saving of suction pipes, energy efficient, and others. Vertical immersion pumps is majorly used in the agricultural irrigation and available in various sizes, material as well as hydraulic combinations.

Vertical Immersion Pumps Market: Dynamics

The demand for vertical immersion pumps is continuously increasing from several end-use industries owing to its several advantages over the conventional pumps such as customer-specific installation flange, construction in fully plastic material, variable discharge connection, space-saving by direct installation, saving of suction pipes, high efficiency, and others.

Vertical immersion pumps are predominantly use in several end-use industries such as electroplating industry, etching and cleaning systems, refrigeration machines, solar systems, photographic industry, wastewater treatment, etc. which creating more opportunistic market for the manufacturers of vertical immersion pumps.

Vertical immersion pumps plays a vital role where larger flow rate is required, it is the ideal solution when needing to pump from underground well, a reservoir or river, or in application where the liquid is a high temperature that would not enable a traditional centrifugal pump to be used.

Increasing government initiatives towards the improvement of agricultural sector, providing several opportunities to the farmer in order to implement water pumps in farms, which creating new opportunistic market for the manufacturers of vertical immersion pumps in several countries.

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Vertical Immersion Pumps Market: Regional Outlook

Based on the region the vertical immersion pumps market can be segmented into several regions, such as North America, Europe, East Asia, South Asia, Latin America, and Middle East & Africa. Vertical immersion pumps market is expected to lead by East Asia, owing to presence good number of global as well as regional manufacturer.

Europe is expected to witness a substantial growth in the vertical immersion market, as increasing agricultural activities propelling the demand for vertical immersion pumps. Moreover, the increasing popularity of vertical immersion pumps due to its distinct advantages and benefits over other pumps is gaining traction in the market.

North America is a significant market for the vertical immersion pumps, the global manufacturers of vertical immersion pumps are willing to expand their market in this region due to rapid industrialization and urbanization in this region, which creating significant demand for the vertical immersion pumps.

South Asia is the fastest emerging market for the vertical immersion pumps, as presence of several developing economies such as India, Indonesia, and others, where agriculture sector as well as several end-use industries of vertical immersion pumps is growing rapidly which assisting the growth of this market. Latin America, and Middle East & Africa is expected to witness average growth in vertical immersion pump market.

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Vertical Immersion Pumps Market: Market Participants

Some of the Key players involved in the manufacturing of vertical immersion pumps are –

Brinkmann Pumps
KSB Pumps
Gusher Pumps
ITT Inc
AxFlow Holding AB
Lutz-JESCO GmbH
RENNER GmbH, and others.

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

The report covers exhaustive analysis on:

Vertical Immersion Pumps Market Segments
Vertical Immersion Pumps Market Dynamics
Vertical Immersion Pumps Market Size
Vertical Immersion Pumps Volume Analysis
Vertical Immersion Pumps Adoption Rare
Vertical Immersion Pumps Current Trends/Issues/Challenges
Vertical Immersion Pumps Competition & Companies involved
Vertical Immersion Pumps Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, Italy, France, U.K, Spain, Russia)
South Asia (India, ASEAN)
East Asia (China, Japan, South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Bi-metallic Band Saw Blade market segments and geographies.

Vertical Immersion Pumps Market: Segmentation

Globally, vertical impression pump market can be segmented on the basis of material, and application

Based on the material, vertical immersion pumps market can be segmented into,

PP (GFR)
PVDF
Cast iron
Ductile cast iron
WCB
Others

Based on the application, vertical immersion pumps market can be segmented into,

Irrigation
Potable water supply
Plant make-up water
Water cooling
Dewatering
Geothermal well
Electroplating

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
Must-have information for market players to sustain and enhance their market footprint

Immersion Heater Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022

Immersion heaters are used to heat various liquid substances such as water, oil, chemicals, and at times to stabilize gas that are stored in reservoirs. Immersion heaters are designed to withstand any virtual condition and can be used either in a pure water tank or under any acidic medium. Immersion heaters are used inside in various liquid storage tanks in several industries and in the pressurization of storage containers. Immersion heaters are specifically used for pressure vessel, tank or a pipe body installation purpose.

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Immersion heaters are connected through a cable to their own power supply. An immersion heater is an electric water heater in a hot water tank. The working resembles that of an electric kettle using an electrical resistance heater to heat the water around it. The working benefits of an immersion heater over conventional heaters is estimated to drive the market forward during the stipulated period. The main benefit of having an immersion heater is as a backup supply of hot water.

Immersion Heater: Market Dynamics

Rapid development of environmentally friendly building projects & smart city construction would fuel the growth of the immersion heater market. The market situation is projected to gain traction by ongoing policy initiatives to install energy-efficient heating equipment to reduce carbon emissions and power consumption. The Department of Energy has urged manufacturers to implement innovative heat building technologies that are rated on standby loss and thermal efficiency.

The government has defined stringent regulations related to the output rates of electrical products. In addition, the increasing demand for hot water in domestic applications coupled with the demand for energy-efficient heating systems in commercial applications are set to increase the demand of the Immersion Heater market.

A challenging factor that could pose threat to the rising immersion heater market is the pertaining high cost of these equipment as compared to the conventional heating systems. Also, it is very important to understand as to which type of immersion heater is suitable for residential or commercial use. Choosing the wrong product might result in several mishaps.

Extreme climatic conditions coupled with increasing consumer inclination towards heating systems with reduced power consumption will open up opportunistic avenues for the rising adoption of immersion heater. The market is expected to grow due to increased demand for quick hot water supply.

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Increasing use of immersion heaters primarily in residential premises due to improved living standards would expand the market demand. Changing consumer preference for sustainable structures and enhancing quality standards will have a positive impact on the market outlook.

A trending factor in the immersion heater market is that the heating element inside can be removed, ensuring a quick replacement without any equipment being used. Several manufacturers are providing options to customize the immersion heater according to need basis.

Some of the prominent features such as fuel efficiency and minimal maintenance will promote the immersion heater adoption. Rising deployment of immersion heaters across residential & small scale commercial establishments relying on its precision temperature control & improved environmental sustainability will favor the business scenario over the forecast period.

Immersion Heater: Regional Outlook

North America and Europe are estimated to hold a dominant share in the global immersion heater market during the forecast period owing to regulatory policies that decrease the nature of low-efficiency and environmentally polluting appliances.

Strict environmental measures related to carbon emissions and strong emphasis on fuel-efficient technology would drive the growth of the UK market in this region. Europe is followed by Asia Pacific in terms of market share of the global immersion heater market due to the rapid adoption of these heaters by residential users.

This may be attributed to surging demand for immersion heaters from manufacturing industries in Asian countries such as India, China, South Korea and Japan. Latin America is projected to witness growth in the immersion heater market adhering to growing focus towards ongoing replacement of conventional heating systems will complement the business outlook.

Energy-efficient systems combined with introduction of environmental-related policies would fuel growth in the developing economies such as India, Brazil, Indonesia, Turkey and Thailand.

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Immersion Heater: Market Participants

Some of the market participants of the global Immersion Heater market are as follows:

NIBE
CIRCOR International, Inc.
Chromalox INC
Headway Electric Heat Components CO. Ltd
Hotset GmbH
Phillips & Temro Industries
Warren Electric Industrial Electric Heaters
Thermal Transfer Systems Inc.
Holroyd Components Ltd
Thermal Corporation
Winkler GmbH
Industrial Heater Corporation
Delta MFG
Friedr. Freek GmbH
Tutco Heating Solutions Group
OMEGA Engg.
Zoppas Industries
Tempco Electric Heating Element Corporation
CCI Thermal Technologies

“The research report on Immersion Heater market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Immersion Heater market report also contains projections using a suitable set of assumptions and methodologies. The research report on Immersion Heater market provides analysis and information according to market segments such as product type, application and distribution channel.

The Immersion Heater market report covers exhaustive analysis on:

Immersion Heater Market Segments
Immersion Heater Market Dynamics
Immersion Heater Market Size
Immersion Heater Supply & Demand
Immersion Heater Current Trends/Issues/Challenges
Immersion Heater Competition & Companies involved
Immersion Heater Technology
Immersion Heater Value Chain

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Immersion Heater market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Immersion Heater market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Immersion Heater market report also maps the qualitative impact of various market factors on market segments and geographies.

Immersion Heater: Market Segmentation

Based on product type, the global immersion heater can be segmented into:

Over the side Immersion Heater
Flanged Immersion Heater
Threaded/Screw Immersion Plug Heater
Oil Immersion Heaters
Screw Plug Immersion Heaters

Based on application, the global immersion heater can be segmented into:

Chemical and Plastics Industry
Pharmaceutical Industry
Automotive Industry
Marine
Oil and Gas
Others

Based on distribution channel, the global immersion heater can be segmented into:

Offline
Online

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
Must-have information for market players to sustain and enhance their market footprint

CO2 Laser Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022

CO2 laser, invented in 1964, is a high power laser used for cutting through ferrous and non-ferrous metals. CO2 laser is a mixture of various gases like carbon dioxide, nitrogen, helium, xenon and/or water vapor and even hydrogen sometimes. Due to their high power capabilities, CO2 laser are widely used in industrial applications for cutting, engraving, and welding. In 1984, CO2 laser was approved by the U.S. Food and Drug Administration (FDA), making its application in the healthcare industry more mainstream.

Brief Approach to Research

The research report presents a comprehensive assessment of the CO2 Laser market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to CO2 Laser market segments such as geographies, application and industry.

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Use of CO2 laser causes less bleeding, less pain and a significantly reduced risk of infection, making it a preferred choice in medical and cosmetic surgeries. CO2 laser is since being used as an incision tool in various surgeries, like dermatology, neurosurgery, otorhinolaryngology, plastic surgery, gynaecology and ophthalmology. Apart from these, CO2 laser also finds applications in military, communications and different manufacturing industries, making it one of the most widely used type of laser in the industry.

CO2 laser finds its applications in a number of manufacturing industries as well as in health and diagnostics field. CO2 lasers are used for cutting highly precise designs from materials of varying thickness, at a high speed. Hence, they are used in cutting, welding and drilling components, ranging from very small to large sizes. CO2 lasers have become a go-to choice for cosmetic surgeries like skin lesion and anti-aging surgeries. It is also being used in various complex surgical processes like neurosurgery, spine surgery and ophthalmology, among others, where large excisions are involved and anticipated loss of blood is significant.

Use of CO2 laser in design for manufacturing (DFM) has been gaining prominence in a number of manufacturing industries. DFM helps manufacturers make a manufacturing process easier, economical and efficient, by checking if a product design can be put into manufacturing process. With the use of CO2 lasers, manufacturers are now able to incorporate more complex designs into manufacturing process, as CO2 lasers are capable of achieving high precision cutting even for complex designs. On the other hand, CO2 laser is increasingly being used in military applications, for LIDAR imaging, which serves as a better alternative to satellite imaging, due to its higher accuracy in imaging.

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Regional Outlook

East Asia region is expected to dominate the global CO2 laser market, owing to the high demand from electronics, semiconductors and manufacturing industries in China, Japan, and South Korea. East Asia is anticipated to grow the fastest in the CO2 laser market, driven by the growing manufacturing sector in India. Europe is also expected to hold a dominant share and grow at a moderate pace in the global CO2 laser market, owing to the maturity in the adoption of CO2 laser in various end use industries. North America is also expected to exhibit similar growth pattern in the CO2 laser market growth.

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
South Asia (India, ASEAN, Others)
East Asia (China, Japan, South Korea)
Oceania (Australia, New Zealand)
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with CO2 Laser market attractiveness as per segments. The report also maps the qualitative impact of various market factors on CO2 Laser market segments and geographies.

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By Market Segmentation

The overall CO2 Laser market can been segmented on the basis of application as:

Therapeutic & Diagnostics
LIDAR Imaging
Cutting & Perforations
Welding
Drilling

The overall CO2 Laser market can been segmented on the basis of output power as:

Up to 50 W
50 W to 500 W
500 W to 1000 W
Above 1000 W

The overall CO2 Laser market can been segmented on the basis of end use sector as:

Military & Defence
Aerospace
Metal Processing
Healthcare
Manufacturing
Automotive
Telecommunication

Market Participants

Some of the key market participants identified in the CO2 Laser market across the globe are:

TRUMPF
Coherent, Inc.
FANUC CORPORATION
Han’s Laser Technology Industry Group Co., Ltd
El.En. S.p.A.
LIGHTMACHINERY, INC
AMTEC
Epilog Laser
Control Laser Corporation USA
Kern Electronics & Lasers, Inc.
PRC Laser Corporation

Turbomachinery Control System Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022

This Turbomachinery Control System market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Turbomachinery Control System market.

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Turbomachinery Control System is an integrated turbine & compressor control system. The turbomachinery control system helps to end users such as utility and industrial providers to replace the black box turbine & compressor controls with the single device known as turbomachinery control system. The turbomachinery control systems are majorly used in power generation, upstream oil and gas, and process facilities.

While ensuring over-speed protection, turbomachinery control system provide more control to the speed of gas, hydro and steam turbines. It also offers more protection for compressors, load balancing between generators or compressors to allow for the most efficient use of resources and alarm management capabilities.

The presence of abundance of natural gas and increasing application across various end use industries expected to create significant growth in the consumption of natural gas, in turn, drive the demand for turbomachinery.

Regional Outlook

North America industrial sector established strong base in the global turbomachinery control system market which results in stable demand for industrial equipment, expected to create growth opportunity for the turbomachinery control system. Currently, Europe witness high market share following North America for the turbomachinery control system in the global market owing to the presence of large number of manufacturers.

Asia Pacific is anticipated to create lucrative opportunity for the demand of turbomachinery control system owing to the increasing industrialization and largest energy-consuming region, worldwide. High growth is seen in developing nations such as China, and India which expected to upsurge the market growth in the Asia Pacific region. Latin America and Middle East & Africa showing less adoption in the global market, although estimated to contributing towards the growth of turbomachinery control system market.

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, Italy, France, U.K, Spain, Russia)
South Asia (India, ASEAN)
East Asia (China, Japan, South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on turbomachinery control system market segments and geographies.

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Market Participants

Globally, the turbomachinery control system market is expected to be fragmented as the market several small to medium-sized companies which are competing with each other. Established manufacturers involved in the turbomachinery control system focusing merger and acquisition strategy in order create dominance in the global market. For instance, on 2nd July 2018, ABB Group completed its acquisition with GE industrial solutions and acquire GE’s electrification solution business. This acquisition increase growth opportunities of ABB’s in digital offering.

Some of the key players involved in the turbomachinery control system market include Honeywell Technology Solutions, Schneider Electric SE, Rockwell Automation Inc., Woodward Inc., ABB Group, Siemens AG, Emerson Electric Co., Voith AG, General Electric, MAN Diesel & Turbo SE, Technics Systems Solution, Turbomachinery Control Solutions LLC, Tri-sen Systems Corporation, Stork, Elliot Group, among others.

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

By Segmentation:

Globally, the turbomachinery control system market can be segmented on the basis of application and end-use industry

Based on the Application, the global turbomachinery control system market can be segmented into,

Generator Controls
Compressor Controls
Turbine Controls
Others

Based on the End-Use Industry, the global turbomachinery control system market can be segmented into,

Oil & Gas
Chemical & Petrochemical
Transportation
Power Generation Sector
Food and Beverages

The integration of turbomachinery equipment into a single control system is difficult and it require high investment. Moreover, governments of various countries are shifting to cleaner energy sources to reduce carbon emission levels from conventional fuels. This trend will drive the customer to shift towards renewable source based generation, which reduces the deployment of turbomachinery. Therefore restraining the growth of the turbomachinery control system market in the forecast period.

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A mechanical control unit incorporated in the turbine main unit, which is the precursor of turbomachinery control system which are based on DEHC (Digital Electro-Hydraulic Controller) or EHC (Electro-Hydraulic Controller). This caused problem that different hardware used fixed between power generating plant control system and turbomachinery control system. Hence, Yokogawa India Ltd. developed CENTUM VP which is an I/O module integrates DEHC and DCS features to monitor and control the power generation plant and turbomachinery control using unified hardware, contributing towards the turbomachinery control system market growth.