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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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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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.

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

Suspended ceiling system are certain secondary ceilings which are suspended above the structural floor slab, which creates a void between the top of the suspended ceiling and the underside of the floor slab. Along with the concealment of the underside of the floor slab, this void can provide a useful space for the distribution of heating, ventilation and air conditioning (HVAC) services and plumbing and wiring services, as well as providing a platform for the installation of smart speakers, light fittings, wireless antenna, CCTV camera, fire and smoke detectors, motion detectors, sprinklers, and others. The void can also be used as an air ‘plenum’, in which the void itself forms a pressurized ‘duct’ to supply air or extract it from the occupied space below.

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Suspended ceiling system can allow easy access for equipment servicing by the removal of tiles, or through access panels and can allow flexibility of layout of spaces below. However, it results in some loss of headroom (generally at least 100mm). Typically suspended ceiling system are hung from a bracket fixed to the underside of the floor slab supporting a series of interlocking metal sections that form a grid into which panels such as ceiling tiles can be fitted. Suspended ceiling system are also available, in which tiles are laid between parallel beams rather than a grid, and there are a wide range of different grid profiles and tile edge details that can be used to allow the grid to be exposed, flush, recessed or concealed.

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Poland, and Rest of Europe)
  • East Asia (Japan, South Korea, and China)
  • South Asia (India, Indonesia, Malaysia, Philippines, Thailand, Rest of South Asia)
  • Oceania (Australia, and New Zealand)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Market Participants

Some of the market participants operating in the global Suspended Ceiling System market identified across the value chain include AWI, Knauf, SAS International, USG, Menards, Chicago Metallic Corporation, CertainTeed, Rockfon, Chicago Metallic, Saint-Gobain, Foshan Ron Building Material Trading, Grenzebach BSH, Guangzhou Tital Commerce, Haining Chaodi Plastic, Shandong Huamei Building Materials, New Ceiling Tiles, Odenwald Faserplattenwerk, Techno Ceiling Products, among the others. Key market players are pitching the unique properties of suspended ceiling system such as superior acoustic insulation properties, easy installation and dismounting etc. to win over new customers in the market.

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By Segmentation:

On the basis of material, the global suspended ceiling system market has been segmented as:

  • Mineral wool
  • Metal
  • Gypsum

On the basis of type, the global suspended ceiling system market has been segmented as:

  • Ceiling
  • Grids

On the basis of application, the global suspended ceiling system market has been segmented as:

  • Commercial Construction
  • Residential Construction
  • Industrial Construction

Opportunities for Participants in the Suspended Ceiling System Market

Recovery of the commercial construction across major countries has propelled the new construction, as well as repair & maintenance and renovation activities. Moreover, adoption of interior solutions that exhibit better noise absorption features in offices, departmental stores, public utility areas, and educational institutions is considered to boost the consumption of suspended ceiling system in the next couple of years. This in turn is expected to enhance the use of eco-friendly and light-weight materials such as mineral wool, metal, and gypsum ceilings in the suspended ceiling system, so as to maintain and improve the indoor air quality and efficiencies of energy, water, and other resources. Technological advancement in manufacturing low VOC material based ceiling panels is likely to provide lucrative opportunities in the suspended ceiling system market.

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

Conductive Plastics Market Worldwide Industry Analysis and New Market Opportunities Explored By 2025

Conductive plastics are polymers which conduct electricity. They possess metallic conductivity or behave like semiconductors. Conductive plastics are a new variant of plastics with tremendous ongoing research to develop them further. It is estimated that, conductive plastics would find numerous applications across various industries. Many automobile manufacturers and aerospace engineers are studying conductive plastics in order to make them suitable for industrial applications. Conductive plastics are produced by incorporating carbon fibers, carbon nano – tubes or stainless steel fibers into plastic formulation. These dispersed fibers or nano tubes bring about the electrical conductivity effect in plastics.

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The conductive polymers have the usual benefits of polymers such as moldability, ease of processing, light weight, corrosion resistance and design flexibility and in addition to these properties, they make the end product electrically conductive. These plastics find application in electronics, heavy engineering, automobiles and healthcare industry among others. The growing electronics and medical devices industry are the primary drivers of conductive plastics. Conductive plastics are a class of structural materials. They are called so because they are capable of performing several functions owing to their structure.

The growing trend of owning small, light weight and smart gadgets is expected to fuel the growth of the conductive plastics market. Using conductive plastics, light weight gadgets can be manufactured, because, separate components to induce electrical conductivity would not be required if conductive plastics are used. However, conductive plastics possess poorer mechanical properties compared to traditional plastics. There is a lot of ongoing research in this field, in order to make them suited for precision processing, by enhancing their mechanical properties. This is expected to open new areas of opportunity for conductive plastics.

Countries such as China, Japan, Taiwan, South Korea and India are expected to be the biggest markets for conductive plastics. These countries are the electronic and automobile hubs of the world. Use of conductive plastics in automobile sensors, batteries and switches is also expected to grow considerably over the coming years. Brazil is expected to be the emerging market for conductive plastics within the forecast period. If the technology of conductive plastics is developed to meet aerospace needs, U.S and Europe could be potential markets for conductive plastics within the forecast period.

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Research and development activities are being carried out to develop conductive plastics for bio medical devices. These plastics are being studied to relay the neuronal responses to eyes and ears via implantable devices, in case of sensory damage. Goodrich Corporation, which specializes in aircraft components, is carrying out research in the field of conductive plastics to develop light weight, sturdy and conductive plastics for use in landing gears.

The reduced weight due to the use of conductive plastics is expected to greatly enhance the fuel efficiency of aircrafts and automobiles. Audi sedans make use of a conductive plastic named Ultraform N2320 C from BASF to manufacture the fuel filter housing. The use of this conductive plastic eliminates the risk of electrostatic discharge and sparking as fuel flows through the filter. These plastics can be used to manufacture conductive adhesives, artificial nerves, piezoceramics, optical computers, ion exchange membranes, actuators and other automobile and aircraft components.

The key players in this market include – Asbury Carbons, Bekaert Co, BASF, Electriplast Corporation, Ensinger, Goodrich Corporation, Nanocyl and RTP Co among others.

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

Regional analysis includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

Conductive Plastics Market

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

 

Amorphous Metal Cores Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2022

Also known as vitreous metals, amorphous metal cores are glassy or non-crystalline in physical appearance. Amorphous metal cores are used for creating high-performance transformers. Amorphous metal cores have low conductivity, which helps to reduce eddy currents in the core body. Since amorphous metal cores does not have anisotropic properties, it shows excellent magnetic behavior such as minimum iron loss while having high-saturation magnetic flux density with high permeability.

Amorphous metal cores are generally used in distribution transformers. In terms of end use sector, Amorphous metal cores are commonly preferred in renewable energy systems such as solar power and wind energy, as they typically operate with 20 – 40% low load conditions. Amorphous metal cores have been used in liquid-filled transformers for over 20 years, and now this technology is trending in dry type transformers as well.

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Amorphous Metal Cores Market: Dynamics

The amorphous alloy in the iron core of transformer significantly reduces energy costs and helps increase electrical characteristics while reducing the level of CO2 emissions. Power transmission equipment manufacturers today are searching for a technology that saves energy and reduces their operating cost. This has encouraged amorphous metal cores manufacturers to develop optimized and energy efficient products for use in distribution transformers. Normally, 10% of total electricity generated by an electric company is lost during the distribution and transmission process. Thus, distribution transformers consisting of amorphous metal cores help save a significant amount of energy and cost. Other uses that benefit from amorphous metal cores include output filter chokes in large Switched-Mode Power Supply (SMPS), power factor correction chokes in UPS systems and high-power lamp ballasts.

The initial costs of amorphous metal cores are relatively higher as compared to crystalline silicon steel owing to certain beneficial properties such as lower saturation magnetic flux density of amorphous steel than that of silicon steel, which is mostly preferred by transformer manufacturers. This results in high cost per unit of large sized amorphous core transformers. Although, it’s increased energy efficiency and low operational costs throughout the lifetime of transformer, could help compensate its high initial costs. Therefore, despite of high costs, the above mentioned factors are estimated to boost the market demand for amorphous metal cores in the coming years.

On the flip side, amorphous metal cores shows various limitations which may curb the market growth. Hardness along with reduced thickness makes slitting and shearing difficult. Moreover, the brittleness property of amorphous metal cores has also made it un-friendly to the transformer manufacturers. Due to these limitations, the amorphous metal core technology has been limited at present to very few customers across geographies.

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Amorphous Metal Cores: Regional Market Outlook

With U.S. agreeing to expand the production of amorphous metal core transformers in order to achieve efficient distribution & transmission of electricity, the global amorphous metal cores market is projected to witness lucrative growth opportunities in North America. In addition, since U.S. has the highest per capita electricity consumption ratio in the world, government and utility companies are taking various initiatives to introduce energy efficient transforming solutions, which is estimated to accelerate the growth of amorphous metal cores market during the forecast period.

Moreover, regions such as East Asia and South Asia are also estimated to witness lackluster growth driven by major installations of amorphous metal core transformers in India and China. The recent electrification projects are heavily investing in energy efficient technology which is expected to drive the growth for amorphous metal cores market over the slated time period.

The European countries are also facing an upsurge in the amorphous metal cores market. For instance, Spanish utility companies have started to import the amorphous metal core transformers and is also promoting in-house manufacturing of the same with local manufacturers.

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Amorphous Metal Cores: Market Key Players

Some of the prominent market participants in the global amorphous metal cores market include the following players:

  • Hitachi, Ltd.
  • Advanced Technology & Materials Co., Ltd.
  • Zhaojing Incorporated
  • Qingdao Yunlu New Energy Technology Co., Ltd.
  • China Amorphous Technology Co.,Ltd
  • ENPAY
  • Mangal Electrical Industries Pvt. Ltd.
  • KOTSONS Pvt. Ltd.
  • Usha Amorphous Metals Ltd.
  • Ti-Electronic

The amorphous metal cores research report presents a comprehensive assessment of the amorphous metal cores 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 amorphous metal cores research report provides analysis and information according to market segments, such as geographies, application, and industry.

The Amorphous Metal Cores report covers exhaustive analysis on:

  • Amorphous Metal Cores Market Segments
  • Amorphous Metal Cores Market Dynamics
  • Amorphous Metal Cores Market Size
  • Amorphous Metal Cores Supply & Demand
  • Current Trends/Issues/Challenges in the Amorphous Metal Cores Market
  • Competition & Companies involved in the Amorphous Metal Cores Market
  • Amorphous Metal Cores Technology
  • Value Chain of the Amorphous Metal Cores Market

Amorphous Metal Cores 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 global 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 amorphous metal cores 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 market factors on market segments and geographies.

Amorphous Metal Cores: Market Segmentation

On the basis of Type, the global amorphous metal cores market can be segmented into the following,

  • E Core
  • C Core
  • Others

On the basis of Application, the global amorphous metal cores market can be segmented into the following,

  • Iron Based
  • Cobalt Based

On the basis of End Use, the global amorphous metal cores market can be segmented into the following,

  • Invertors
  • Transformers
  • Others

Amorphous Metal Cores Report Highlights:

  • Detailed overview of parent market of the  amorphous metal cores market
  • Changing amorphous metal cores 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 in amorphous metal cores
  • amorphous metal cores market 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

Ferrite Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2032

Leading players in the global ferrite market are leveraging the unique chemical as well as physical properties of sintered ferrite core inductor structures, such as high mechanical strength, high magnetostrictive properties, and significant electric resistance.

Such advantageous features of ferrites, including higher resistivity even at ultrasonic frequencies, contribute to preventing eddy current losses, which ultimately benefits the efficiency of electroacoustic products. This is currently, enabling stakeholders in the global ferrite market to tap golden opportunities in the electroacoustics landscape.

 

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What Factors Influence Market Adoption of Ferrite?

In electroacoustic products, electromagnetic induction is carried out to convert electric energy into sound energy, and permanent magnets are an integral component of electroacoustic instruments. Sintered neodymium magnet (NdFeB) and hard ferrite are among the most commonly used magnets in the manufacturing of electroacoustic components, which remains a predominant factor that can boost the growth of the ferrite market.

Furthermore, many other types of ferrite toroid such as barium-ferrite and strontium-ferrite toroid are also witnessing high demand in the manufacturing of a wide range of products such as communication equipment such as intercom sets, transducers, sound-powered telephones, and communicating helmets.

This way, leading stakeholders are also paving their way through new horizons across the electroacoustics landscape, in order to gain an edge in the global ferrite market.

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How is the Global Ferrite Market Segmented?

The global ferrite market is mainly riding on the coattails of its demand in the production of electroacoustic products. However, leading players in the market are also discovering innovative growth opportunities in other industrial areas such as consumer electronic goods and home appliances.

Domestic appliances including the equipment that are commonly used for household applications such as cooking and cleaning are boosting the use of ferrite toroid, which will create new growth avenues for market players.

Ferrite core inductor is also widely used in the production of most commonly used consumer electronics appliances such as computer components, hardware, and many other ultrasonic appliances. Manufacturers in the ferrite market are also entering the electronics toys industry, as modern toys require magnetic particles to introduce unique communication features.

Apart from consumer electronics and home appliances, the ferrite market is also expected to grow rapidly with the increasing demand for laird ferrite in the automotive industry as well as military & defence applications. This is expected to give rise to new trends in the ferrite market in the coming years.

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Which Region is Likely to Lead the Ferrite Market?

Based on the geographical factors, the ferrite market is broadly divided into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. Asia Pacific region demonstrates a positive potential of growth for stakeholders in the global market for ferrite, as the consumption of the material across various industries is significantly high in the region.

Emerging economies in the region, including China and India, are expected to trigger high demand for laird ferrite through the forecast period, mainly attributing to the rise of industrialization and manufacturing hubs in these countries.

Apart from the Asia Pacific, the demand for a ferrite is expected to remain moderately high in Japan, North America, and Western Europe, though the ferrite market in developed countries may witness sluggish growth in the coming years.

The primary reason behind the slowdown in developed markets is that the predominant end-use industries have reached a saturation point in these regions. Nevertheless, incremental use of laird ferrite in the production of nuclear energy may provide a sudden boost to its demand in developed economies, in the coming years.