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Vaterite is also known as mu-calcium carbonate which has a JCPDS number 13-192. Vaterite belongs to the hexagonal crystal system. Vaterite is considered as the polymorph modification of calcium carbonate which is considered to be the least stable among others. The formation of vaterite occurs at approximately 25 degree c, this is produced when carbon–di–oxide is reacted with an aqueous solution of calcium chloride in presence of ammonia. Vaterite is similar to aragonite which is a metastable phase of calcium carbonate. It is considered to be less stable than calcite or aragonite however vaterite has higher rate of solubility than calcite and aragonite.

Vaterite is naturally present in organic tissues, mineral springs, urinary calculi and gallstone. Vaterite is spherical in shape colorless has a small diameter due to which vaterite particle is a crucial parameter for practical application.as vaterite tends to form aggregate structure of very small primary particles vaterite is widely used in ink jet papers. Vaterite belongs to calcium carbonate they are among the most important rock-forming minerals, rocks are not only the calcium carbonate deposit in nature water and countless animals and plans also contain huge amount of calcium carbonates.

Vaterite dissolve under the influence of wind, water, temperature. Due to its antacid property it can be consumed but too much consumption can be dangerous. Because of its instability vaterite is present in least amount in the nature compared to other polymorphs are. Vaterite is used as a minerals filler for obtaining high level of humidity retention. The advantage of vaterite it that it does not change the physical or chemical property of the products that they are added to.

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Global Vaterite market: Market Dynamics

The global Vaterite market is mainly driven by pharmaceutical and personal care industries, vaterite are practically important. The vaterite are applied in drug delivery, regenerative medicines and a wide range of personal care products. Among various fillers evaluated for regeneration of bones the pure form of vaterite has shown to promote bioactivity in degradable polymers through apatite formation. Moreover bioactive fillers could be a very promising area for expanding the use of vaterite.

Vaterite is also used as a coating pigment for ink jet paper instead of silica. The measurement of contact angles between water and trial ink jet paper surfaces show hydrophilicity was higher for vaterite as similar to silica. Vaterite is used as coating on electro spun polymeric fibers for biomedical applications. It is used in nutraceutical industry as a calcium supplyment. One factor restraining the global vaterite market is that vaterite is a rare mineral in nature and hence is rarely used.

Global Vaterite market: Segment Overview

The paper and pulp segment has higher rate of Vaterite usage as the Vaterite are being widely used in applications such as coating pigments

Global Vaterite market: Regional Overview

Based on the geographies, the global fumaric acid market is fragmented into seven key regions- Latin America, North America, Eastern Europe, Western Europe, Middle East & Africa Asia-Pacific except Japan, Japan. Among the regions mentioned above North America has the highest consumption of vaterite market followed by Asia-pacific. There is a steady growth in regions like Latin America, Eastern Europe. Overall the vaterite market is expected to have a steady growth rate due to very less vaterite resources.

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Global car struts market: Market players

Some of the market players identified in the global Vaterite market includes:

• Solvay SA
• Minerals Technologies Inc.
• Conia Minerals & Marbles Co.
• Calspar India.
• Omya AG
• WEINRICH MINERALS.
• Naturalcalcitepowder
• CARMEUSE

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 market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-4023

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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 market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Turpentine sales are expected to surpass 400 KT in 2019, and will record a 4.6% Y-o-Y growth over 2018, according to a recent study of Future Market Insights (FMI). Fragrance manufacturers, followed by cosmetics companies, continue to account for maximum volume sales of turpentine. As the focus on bio-based products intensifies with rising sustainability quotient, the demand for turpentine is most likely to thrive at a robust pace over the coming years.

The report opines that consistently high demand for alpha & beta pinene, limonine, and a few other popular aromatic compounds will remain the key booster to highest turpentine consumption by fragrance manufacturing companies. Fragrance applications currently account for more than 40% of total consumption volume of turpentine. Besides cosmetics, which is the second most sought after application of turpentine, paints and coatings industry is also likely to develop a consumer market for turpentine in coming years – particularly in Asia Pacific.

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Demand-supply Imbalance Restricting Developed Regional Markets

With falling production of gum turpentine in developed regional markets, manufacturers of turpentine based in North America and Europe continue to face price volatility and subsequently, the demand-supply imbalance. Developed markets majorly rely on turpentine imports and FMI envisages that pricing and supply uncertainly has been compelling manufacturers to shift to turpentine alternatives. This scenario is further complicated by the labor intensive production process of turpentine, which will remain the key challenges limiting revenue growth of turpentine market.

Production-wise, China, Brazil, and Indonesia continue to lead turpentine landscape, according to the report. Escalating number of large-scale processing facilities and increasing pine tapping activities have underpinned the development of a key production and consumer market for turpentine in East Asia. On the other side, prominent countries such as Vietnam and Indonesia are creating a highly favorable scenario for turpentine production and export, in South Asian region. In addition to widespread availability of pine forests and relatively economic labor, China’s strong industrial base is upholding the most attractive market position for East Asia. Flourishing cosmetics and personal care industry is also accelerating consumption of turpentine in this region.

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Top 10-12 players collectively account for 30-35% share in the global turpentine market. FMI’s report tracks some of the most prominent active partakers in the competition analysis, some of which include PT. Naval Overseas, Wuzhou Pine Chemicals Ltd., Punjab Rosin and Chemicals Works, Wuzhou Sun Shine Forestry & Chemicals Co., Ltd., Forestar Chemical Co., Ltd., Deqing Yinlong Industrial Co., Ltd., Deqing Jiyuan synthetic Resin Co., Ltd., Resin Chemicals Co., Ltd, CV. Indonesia Pinus, Guilin Songquan Forest Chemical Co., Ltd., EURO-YSER., and Vinhconship Group. While a majority of companies operating in the competitive landscape of turpentine market are prioritizing gum turpentine production expansion, the report expects most of investments in developing Asian and African countries.

Key Segment

Application

• Cosmetics
• Fragrance
• Food
• Paints & Coatings
• Others

Region

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

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About Future Market Insights (FMI)

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

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Website: https://www.futuremarketinsights.com

Global sales of gum rosin were valued at 757.9 KT in 2018 and are estimated to grow at an impressive rate in 2019, as per the latest research study by FMI. Incessant demand for bio-based materials from multiple end-use industries is among the key factors fuelling investments in gum rosins. Multifarious benefits and low price fluctuations are boosting the adoption of bio-based materials, including gum rosins. This, in turn, is likely to create favorable grounds for growth of gum rosin market during the forecast timeline.

As per the FMI analysis, broader factors, such as resurgence in economies and increasing disposable income, have levied pressure on multiple end-use industries for boosting their production capabilities with no compromise in terms of quality. Ever-evolving demand for high-performance intermediates, including adhesives, coatings, and rubber, from multiple industrial verticals is accelerating the growth of gum rosin market.

According to the FMI research study, manufacturers are eyeing emerging economies brimming with opportunities for gum rosins on account of hefty investments in the production of pine chemicals. Moreover, in Asian & African countries, the process of extraction and distillation of pine chemicals is relatively economical, creating profit-making opportunities for the manufacturers of gum rosins.

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According to the FMI analysis, end-users will prefer WW grade of gum rosins over other types, with global sales estimated to surpass 300 KT in 2019. High consumer propensity for WW grade of gum rosins can be attributed to its superlative quality and workability in case of core applications such as synthetic rubber and adhesives. WG grade is likely to trail the former on account of surging demand for binding materials of superior quality.

The report finds that demand for gum rosins will continue to remain buoyant in printing ink and adhesive applications, with global sales collectively exceeding 400 KT collectively in 2019. The demand for gum rosins as a base material in case of printing inks and adhesives remains unabated, driving revenue growth of the gum rosin market. The demand for gum rosins in paints & coatings is foreseen to significantly take off and not likely to slow down anytime soon, finds the report.

The manufacturers of gum rosins are focusing on novel production technologies facilitating higher production yields of optimal quality while curbing the environmental footprint. Subsequently, manufacturers operating in the gum rosin market are resorting to advanced analytical processes, such as gas chromatography and mass spectrometry, for production of high-quality gum rosins.

East Asia will retain its lucrativeness for the manufactures of gum rosins, with China spearheading demand. China has been a key producer as well as consumer of gum rosins, driven by incessant growth of application-based industries in the region, such as printing inks, synthetic rubber, adhesives, and paper sizing. Large gum rosin manufacturing bases across countries such as Indonesia, China, and Brazil are participating in high-volume exports to other countries, which is a key aspect assisting expansion of gum rosin market in these regions.

As per the FMI study, notable R&D investments are being made by leading participants of the gum rosin market for achieving high production volumes and enhanced ROI benefits. Multiple research activities and initiatives are underway for introducing genetic modifications in the pine trees, which would enable increased flow of resins in the trees. Such innovative and advanced approaches are anticipated to fuel seamless production of high quality gum rosins, projecting an optimistic outlook for gum rosin market over the forecast timeline.

Gum Rosin Market – Competition Landscape

The global Gum Rosin market is a fragmented market and most major market participants held single digit market share in 2017. The top ten to twelve players in the global Gum Rosin market collectively hold between 30% and 35% market share.

Some of the leading manufacturers studied under this study on the global Gum Rosin market are Wuzhou Pine Chemicals Ltd., PT. Naval Overseas, Wuzhou Sun Shine Forestry & Chemicals CO., ltd., Punjab Rosin and Chemicals Works, Forestar Chemical Co., Ltd., Deqing Jiyuan synthetic Resin Co., Ltd., Deqing Yinlong Industrial Co., Ltd., Resin Chemicals Co., Ltd, GUILIN SONGQUAN FOREST CHEMICAL CO., LTD., CV. INDONESIA PINUS, Vinhconship Group and EURO-YSER.

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Gum Rosin Market: Segmentation

Product Type

• WW
• WG
• N
• X
• Others

Application

• Paper
• Paints & Coatings
• Soap
• Printing Ink
• Adhesives
• Rubber
• Others

Region

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

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Key Questions Answered In the Global Gum Rosin Report

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

About Future Market Insights (FMI)

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

Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Website: https://www.futuremarketinsights.com

It forms backbone of numerous uranyl minerals such as McKelveyite, wyartite and andersonite and rutherfordine. It originates in minerals as well as organic segments of coals and its fly ash. It is the key component of uranium in mine tailing seepage water. Like any other actinides uranium forms a dioxide uranyl core (UO2). It gives carbon dioxide when treated with dilute acids.

The American elements produces to many standard grades which consist of military grade, reagent grade, technical grade, food grade, pharmaceutical grade, optical grade and agricultural grade.as uranyl carbonate s is mostly found in north America and has been mined from the late 1950s it is normally conducted by open pit mining followed by traditional mining to produce yellowcake which is further processed to produce electrical energy in nuclear power plants. Uranyl carbonates have huge class of mineral species like andersonite, astrocyanite, bijvoetite, joliotite, liebigite, sharpite, voglite, frontanite, rabbittite, roubaultite, znucalite, widenmannite, wyartite, grimselite etc.

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Global Uranyl Carbonate Market: Market dynamics

Uranyl carbonate market is driven by the chemicals and materials industry. It is mostly used as fuels for reactors, the minerals are extracted from the ground, than converted and enhanced into fuel pellets.it is not the natural uranyl carbonate which is used in nuclear power plants and therefore the uranyl carbonate mined must be processed to get the desired form, when uranyl carbonate is not processed to desired form the fuel cannot explode like an atom bomb.

Uranyl carbonate is also used widely to generate clean energy for generating electrical energy throughout the world, as one atom of uranyl carbonate can produce 50 million times more energy as compared to a single carbon atom. Due to mineral exploitation the worlds known uranyl carbonate resources has increased. The factor that restrain the uranyl carbonate market is the high cost of the minerals and uranyl carbonate is price sensitive.

The survey of uranyl carbonate in north Arizona has led to the discovery of eight breccia pipe ore bodies with production in early 1980’s and 1990’s to approximately 19 million pounds. The complete amount of uranyl carbonate is valued to be in the series of 35 million pounds.

Global Uranyl Carbonate Market: Segment Overview

Chemicals and material industry has higher rate of consumption of uranyl carbonate. On the bases of grades of uranyl carbonates the military grade has the highest rate of consumption of the mineral. Use of uranyl carbonate is increasing the application in the field of agricultural chemicals.

Global Uranyl Carbonate Market: Regional overview

Based on the geographies, the global uranyl carbonate market is fragmented into seven key regions- North America, Western Europe, Latin America, Eastern Europe, Asia-Pacific except Japan, Japan, and Middle East & Africa. Among the regions mentioned above North America is the largest producer of uranyl carbonate and is expected to grow at a faster rate followed by Western Europe and Eastern Europe. Some of the north Americas largest and highest deposits of uranyl carbonates occurs within the Colorado plateau province and rocky mountains Overall the market for uranyl carbonate has a positive growth rate owing to the growth in the need of uranyl carbonate in military application and chemical industry.

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Global Uranyl Carbonate Market: Market Players

Some of the market players identified in the global uranyl carbonate market includes:

• Uranium Producers of America
• American Elements
• International Bio-Analytical Industries Inc.
• Cameco
• AREVA
• BHP Billiton
• Uranium One
• Paladin Energy
• Ur-Energy
• Energy Fuels
• Denison Mines

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 market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The report covers exhaustive analysis on:

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

Regional analysis includes

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

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 market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power system and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with a healthy CAGR of 4.6%.

Focus on upgrading the existing power grid network with modern energy technology for flexible, secure, efficient, and reliable supply of power will emerge as a chief growth driver.

Transformers are critical component in power transmission system as their main function is to receive power with low voltage and transmit it across various distribution channels in power grid. Increasing demand for electricity, increasing investment to expand transmission and distribution network will drive the power transformer market growth in upcoming years.

For instance, as of 2021 Adani power has around 5 ongoing power projects with capacity ranging from 1300 MW to 2700 MW in Indian states of Rajasthan, Madhya Pradesh, Gujarat, Karnataka, and Jharkhand. Rise in number of new power projects in developing countries will boost the market sales over the forecast period.

Rising urgency to replace the aging power infrastructure with smart grid system along with increasing penetration of renewable energy and development of interconnected grid infrastructure are key growth drivers in developed economies.

Future prospects look promising for power transformer market due to thriving construction and mining industries, emergence of new smart cities with modern power transmission system and adoption of green transformers.

Market players are focusing on developing power transmission systems capable of handling flow of stored and renewable energy throughout the grid system. Advancement towards designing system for efficient management of electricity transmission and distribution as a part of disaster recovery efforts along with redefining electrical grids to reduce operational costs and lead times will positively influence the market growth in the future.

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Key Takeaways from FMI’s Power Transformer Market Study

• North America power transformer market is forecast to experience growth at 3% CAGR due to rising necessity to replace old power grid networks with modern and efficient equipment and increasing supply and demand gap of electricity in U.S. and Canada.
• Europe power transformer market is anticipated to grow at 3.2% CAGR during the forecast period. Growth uptick can be attributed to rapid electrification and increasing investment towards upgrading transmission and distribution networks in the region.
• Growing awareness among population regarding CO₂ emission, increase in consumption of electricity, and increasing efforts towards electrification of rural areas will drive the demand for power transformers in India.
• China is expected to offer lucrative opportunities owing to increasing investment in power grid infrastructure development and booming mining and oil and gas industries in the country.
• Japan and South Korea account for 7% of global power transformer market share in 2021. Industrialization, increasing efforts to fill the energy supply and demand gap, and imposition of energy efficient laws and standards are key growth drivers in these countries.

“Increasing demand for upgrading traditional transmission system to sustain high voltage power transfer and incorporation of smart grids will boost the demand for power transformer in upcoming years,” says the FMI analyst.

Key Segments Covered In Power Transformer Market Study:

By Product Type:

• Core
• Shell

By Insulation Type:

• Dry
• Wet

By Phase Type:

• Single Phase
• Three Phase

By End Use:

• Residential & Commercial
• Utilities
• Industrial

By Voltage Type:

• 100-200kV
• 200-400 kV
• Above 400 kV

By Application Type:

• Generation Step-up
• Transmission

By Region:

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

Who is Winning?

Future Market Insights highlights the key trends emerging in the power transformer market and discusses the strategies employed by market players to strengthen their market position.

Leading market players account for 35% global market share. They are focusing on new product development like green transformers to reduce the carbon footprint and are also emphasizing on establishing production and supply operations in key high-demand demographics like South East Asia. In addition, key players have been increasing production outputs and moving manufacturing plants to developing countries to reduce lead times and operation costs.

For instance, in July 2021, General Electric won orders for manufacturing 45 units of 765 kV transformers from Power Grid Corporation of India Limited (PGCIL) for the new sub stations to be constructed in Rajasthan, India. The new transformers will dissipate around 8.1gigawatt (GW) of green power from the state’s solar energy zones.

In March 2021, First Philec Inc. announced to launch super green transformer by the end of 2021. First Philec Inc. is a unit of First Philippine Holdings Corp. and one of the leading manufacturers of high efficiency transformers in South East Asia region. The super green transformer will be made of recyclable and biodegradable materials.

Hitachi ABB Power Grids launched two new traction transformers, “RESIBLOC® CRail 25 kV” and “Natural Cooling Effilight® Traction Transformer” in June 2021. The latter model replaces traditional cooling module with natural airflow system. It uses a state of the art cooling system that harnesses natural air flow from the train’s motion and sends it to heat exchanger thus eliminating the need for air fans.

Prominent players operating in the power transformer market are:-

• ABB
• General Electric
• Siemens AG
• Toshiba Corporation
• Schneider Electric

More Insights On The Power Transformer Market

In its latest report, FMI offers an unbiased analysis of the global power transformer market, providing historical data for the period of 2019-2029 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 by product type (core and shell), by insulation type (dry and wet), by phase type (single phase and three phase), by application type (generation set-up and transmission), by end use ( residential & commercial, utilities, and industrial), by voltage type (100-200kV, 200-400 kV, and above 400 kV) and by region (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa)

About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

The global  dewatering pumps market  is identified as a fairly concentrated market with the organized sector having a share of around 49% of the global market followed by Tier 2 and small scale manufacturers. The principal aim of the manufacturers has been the expansion of market footprint via extension of their product portfolio and strengthening of the sales and distribution network.

Leading players in the market are focused to shift their production bases to Asia Pacific in order to capitalize on the economies of scale. The global market, characteristically, is poignant towards consolidation. Several mergers were seen during the recent past; the same trend is anticipated to continue over the coming years with profitability to remain as the core strategy behind these acquisitions.

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Long-term tie-ups with EPC (Engineering Procurement and Construction) companies are expected to provide high and stable sales to international manufacturers of dewatering pump. Most sales of small and medium capacity pumps take place through distributors and retailers, which generally hold multi-branded & wide variety products at their shelves.

Providing integrated offerings through diverse range of products and developing strong distribution and aftersales service network at regional and local level can provide significant opportunities for growth. In order to gain competitive advantage, strong focus on life-cycle costs analysis, including reducing operating costs through energy-efficient solutions, is highly required for product differentiation.

According to the report by Future Market Insights (FMI), the global dewatering pumps market is expected to witness a CAGR of 5.2% from 2018 to 2028. In 2017, the market was worth US$ 5,498.6 Mn and is expected to rise to a valuation of US$ 9,510.2 Mn by the end of 2028.

Burgeoning Exploration Activities for New Sources of Water to Trigger High Demand

Governments of emerging economies in Asia Pacific and MEA, particularly in countries such as South Africa, Morocco and the UAE, are focusing on improving drinking water facilities in urban as well as rural areas. Also, exploration of new water sources is expected to increase sales of pumps with enhanced capacity and efficiency for agricultural and domestic applications. Desalinization projects are also expected to contribute to adoption of pumps, as most parts of the globe still lack the basic facility of running water.

An estimated 60% of the world is still without running water. ASEAN region is witnessing increase in water supply and sanitation projects by governments, which is likely to boost sales of centrifugal pumps for domestic and agricultural applications. It has been estimated that only 50% of the global population has access to drinking water from a piped connection providing running water in their homes or compounds. As per the analyst, the demand for dewatering pumps across the globe, especially in ASEAN countries will increase owing to these reasons.

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Market Taxonomy

By Equipment

• Civic Infrastructure Construction
  • Commercial Construction
  • Tunnels
• Mining & Metals
• Paper & Pulp
• Chemicals
• Power Generation
• Food & Beverages
• Municipal
• Others

By Capacity

• 0.5-3 hp
• 3-10 hp
• 10-50 hp
• Above 50 hp

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Middle East & Africa
• China
• South East Asia & Pacific (SEAP)
• India
• Japan

By Application

• Sludge Pumps
• Slurry Pumps
• Drainage Pumps
• Hybrid Pumps

By Technology

• Positive Displacement Type
• Centrifugal Type

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Low Priced China-based Pumps to Act as Hindrance to Market Growth The presence of numerous Chinese players who are offering low-priced pumps acts as a restraint to most regional and global players offering pumps. The surging price pressure from these players is influencing the main suppliers to offer high-quality, reliable, efficient, and technologically-advanced pumps at competitive prices. However, the price sensitive nature of the market is a restraining factor on overall revenue growth potential of the global pump market.

Emergence of China as a major producer of low cost pumps, is has disrupted the market to a certain extent. In order to overcome this challenge, international pump vendors need to differentiate their products through various additional services and integration of advanced technologies.

[350 Pages Report] Global painting robots market to exhibit year-on-year (YoY) growth of 8.3% to total US$ 2.9 Bn in 2021. As per the study, the demand for robotic arms will increase by 8.8% CAGR between 2021 and 2031, giving tailwinds to the painting robots market growth.

Overall sales of painting robots will grow by 10.1% CAGR between 2021 and 2031. East Asia and Europe are likely to account for over half of global demand for painting robots through 2031.

Driven by high demand in the U.S., Germany, and Japan, the painting robots market is expected to represent nearly 7% of the global industrial robots industry in 2021.

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Painting Robots Market – Sales in 2016 to 2020 Vs Projections for 2021 to 2031

Between 2016 and 2020, the global painting robots market size expanded at a CAGR of over 2.4%. The robots market is complicated, with a wide range of possibilities. Organizations are providing value to the market by focusing on certain end applications, supplying various types of robots, modules, subsystems, tools, or providing services.

Dedicated supply chains, design services, and research and development organizations have seamlessly worked over the years to provide optimum solutions to end-users. An important step in analysing the potential for robotics and painting robot technology is to provide a consistent categorisation of the potential in each type of market.

In the coming years painting robots market will continue gaining from application across diverse industries, from transportation to construction. Steered by this, the market will register growth at 10.1% CAGR in 2021-2031.

Key Market Segments Covered

By Type:

• Pedestal Robots,
• Robotic Arms,

By Payload:

• Upto 5 Kg,
• Upto 15 Kg,
• Upto 45 Kg,

By Function:

• Painting
  • Waterborne,
  • Solventborne,
  • UV Cured,
• Painting, Spraying & Coating

By Reach:

• Upto 1,000 mm
• Upto 1,500 mm
• Upto 2,000 mm
• Upto 2,500 mm
• Upto 3,000 mm

By Configuration:

• 6 Axis
• 7 Axis

By Application:

• Atomizer
• Air Gun

By End Use Sector:

• Transportation
  • Automotive
  • Railways
  • 2 & 3 Wheelers
  • Aerospace
• Consumer Appliances
• Foundry & casting
• Furniture
• Textiles
• Construction
• Heavy Engineering Equipment
• HVAC & Refrigeration
• Sanitaryware
• Others

By Region:

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

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Painting Robots Market – Competitive Landscape

Painting robots market is highly consolidated with the top players holding nearly 75-80% of the global market share. The market participants are vying to expand their geographical footprints and working closely with automotive OEMs.

• In Aug 2021, Mexico, Dürr AG developed a high-tech paint facility for Ford Motor Company in order to handle a new car that Ford will be constructing. Dürr built the full paint shop, including low and high viscosity material supply systems, robotic paint and sealer application equipment, and other process automation technology.
• In April 2021, Kuka AG signed a 100 year partnership with Daimler automotive group. The collaboration will enable the automotive company to use all of Kuka’s products and solutions at various locations.

Painting Robots Market – Category-wise Insights
Which is the Top-selling Painting Robots Type?
Robotic arms are expected to account for 60% of the global painting robots sales. Precision and accuracy are two of the most important advantages of a robotic arm in the workplace.

Robots follow their programming exactly, with no variations, resulting in higher precision and accuracy. Robotic arms help companies expand their production capacity. They also work more quickly and precisely than any human employee. As a result, they will be capable of producing more each hour than anyone else.

Which payload offers maximum benefits to painting robots?
The payload upto 5 kg offers maximum benefits to end-users because although they have restricted capabilities due to lower payload and slow operation, which makes it difficult to manage complicated functions, these have been quite popular in recent years of industrial applications. The segment is expected to create an absolute dollar opportunity of USS 1.93 Bn from 2021-2031.

Why is Demand for 7 axis painting robots high?
Any precision manufacturing organization wishing to enhance the number of tasks a single robot can execute should consider a 7 axis configuration. In industries such as machine tool automation, appliance and electronic manufacturing, and automotive production, they can also be integrated into current six-axis robot systems. This segment is expected to create an absolute dollar opportunity of US$ 2.8 Bn from 2021-2031.

Why are atomizers preferred over air-guns?
The atomizer segment is expected to create an absolute dollar opportunity of US$ 2.43 Bn from 2021-2031. Today’s atomizers are sensor-equipped, allow real time smart diagnostics, and ensure zero-quality defects. Atomizers in modern factories have helped to improve the paint-line operation rate. This provides an added advantage over air guns.

Which function makes most value from painting robots?
The painting, spraying and coating segment is expected to create an absolute dollar opportunity of US$ 2.35 Bn from 2021-2031. Painting robots which can altogether perform a multitude of functions are being preferred over just painting.

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What is the preferred ‘reach’ requirement from Painting Robots?
The extended reach of robotic arms which covers upto 3,000 mm distance is expected to rise at nearly 13.5% CAGR over the forecast period. The lon reach provides numerous degrees of freedom, can occupy various types of payloads and perform highly maneuverable functions.

Who is the leading end user of painting robots?
The transportation sector is expected to create an absolute dollar opportunity of US$ 2 Bn from 2021-2031. Painting Robots are used in automotive, railways, 2&3 wheelers and aerospace. In automotive industry, noteworthy rise in passenger vehicles and buoyant private sector activity will positively impact the painting robots market.