Almond Extract Market Gain Impetus due to the Growing Demand over 2028

Market Outlook for Almond Extract Market:

Almond extract is a concentrated liquid that provides almond flavor to foods. They are made by combining almond oil from almond with alcohol to create a stable almond flavoring agent that lasts longer. Almond extracts have been distinguished as “pure almond extract” and “natural almond extract” by the U.S. Food and Drug Administration. This difference is on the basis of type of the formulation of almond extract. Pure almond extract is made from bitter almonds and natural almond extract is made from caccia bark. Almond extract market is emerging new in the food and beverage industry, more specifically flavoring industry, as it can be used well as flavoring agent in cookies and other baked goods. The market for almond holds a good scope of growth because food industries continues to bring new products with different flavors in the market. Consumers with a liking for almond will definitely buy almond extract owing to its long lasting property and hence increase the product sales for almond extract market.

Almond Extract Market Applications in Baking Industries:

Almond extract becomes a good option for bakers when they want to bring new flavors and varieties of cookies in the market. In this way almond extract has become one of the most preferred and popular flavors among the bakers. Almond extract acts as an ideal complement for other such flavoring agents already available in the market, vanilla extract being one of them. Almond extract offers a delicious and aromatic clean taste in desserts and baked treats like bear claws, croissants and turnovers and this property has made the almond extract a kitchen necessity.  In order to emerge well and outstanding in the market, almond extract has to face market competition with its complements like vanilla extract and coffee extract. The only disadvantage of using almond extract as the flavoring agent would be that it narrows down its wide application for nut allergic consumers.

Global Almond Extract Market: Segmentation:

On the basis of applications, the almond extract market is segmented into-

  • Food industry applications
  • Desserts
  • Baking

On the basis of type, the almond extract market is segmented into-

  • Pure almond extract
  • Natural almond extract

On the basis of nature, the almond extract market is segmented into-

  • Conventional
  • Organic

Global Almond Extract Market: Key Participants

Examples of some of the market participants in the global almond extract market identified are McCormick & Company, Nielsen-Massey Vanillas, Simply Organic, Waitrose, Queen Fine Foods and others.

Global Almond Extract Market: Key Developments

California is home to world’s most efficient almond producers. California alone shares more than 80% of the global almond supply. According to a USDA report in 2017, California’s almond farmers have doubled their crop production in the past decade. This can be seen as a key development for the almond product industries that includes almond extract manufacturers. Higher amount of almond in the market will leverage the constraint of raw material availability for almond extract manufactures and thus will improve almond extract production.

Almond extract manufacturers are also going with the global trends of labeling their products as “organic” or “100% Natural” which tend to attract health conscious consumers and thus improve the marketing and product sales.

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Opportunities for Almond Extract Market Participants:

Almond extract market has wide opportunities to grow with increased production and supply of the raw material-almond. With an improved supply chain efficiency for almond and R&D for improved varieties of almond with lesser perishability can improve the state of raw material availability for the almond extract market. Other than that, advancements in almond extraction process can improve almond extract production and efficiency as well. All these factors would drive the growth and expansion of almond extract market globally.

Instrument Calibration Services Market Revenue Growth Defined by Heightened Product Innovation

Instrument Calibration Services Market: Introduction

Instrument calibration is a process used to maintain the accuracy of an instrument. The services through which one can minimize or eliminate the factors that cause inaccurate measurements are known as instrument calibration services. Specific services offered by the providers of instrument calibration services include on-site calibration, rapid turnaround, calibration documentation, pickup and delivery, online documentation and in-house contract lab services. While offering on-site instrument calibration services, suppliers send equipment or personnel for on-site calibration work, which reduces or eliminates the expense of shipping the instrument or taking it off line. In some cases, suppliers also offer pick-up and delivery services to minimize the time and cost associated with using in-house personnel. While offering rapid turnaround services, suppliers offer quick turnaround on instrument calibration services, usually in a few days.

Instrument calibration services are often considered as an essential part of quality management system. They are undertaken to compare the standard measurement with that of the instrument’s measurement. All industries across the globe are increasingly adopting instrument calibration services at regular intervals in their production processes to identify any faults with instruments at the earliest opportunity.

Instrument Calibration Services Market: Dynamics

Increase in protective maintenance and quality awareness are some of the key factors driving the growth of the instrument calibration services market during the forecast period. The instrument calibration services market is expected to further grow rapidly with the advent of industrial Internet of Things as all instruments need to be calibrated regularly to ensure the proper functioning of the device network. Calibration also indicates the traceability of the instrument, which is another factor driving the growth of the instrument calibration services market. In addition, strict government regulations are also boosting the growth of the instrument calibration services market. Growth of end-use industries is also likely to drive the growth of the instrument calibration services market as the instruments used in industries such as life sciences and aerospace & defence are at a high risk of failure and thus, require calibration at regular intervals.

However there is high competition in the market among the players, which is one of the major factor restraining the growth of the instrument calibration services market. Another factor limiting the growth of the instrument calibration services market is lack of skilled labor.

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Instrument Calibration Services Market: Segmentation

The global instrument calibration services market can be segmented on the basis of services, end use in key regions

Segmentation of the instrument calibration services market on the basis of services:

  • Electrical Calibration Services
  • Mass Standards Calibration Services
  • Temperature Calibration Services

Segmentation of the instrument calibration services market on the basis of end use:

  • Aerospace & Defense
  • Communication
  • Electronics
  • Industrial & automotive
  • Pharmaceutical/Biomedical
  • Others

Instrument Calibration Services Market: Competition Landscape

Key Vendors

Some of the key vendors identified in the instrument calibration services market are ESSCO Calibration Laboratory, ABB Group, General Electric, Endress+Hauser, Keysight Technologies, Inc., Optical Test and Calibration Ltd, Rohde & Schwarz GmbH & Co KG. Trescal, Inc., Siemens AG, Micro Precision Calibration, Technical Maintenance Inc., Transcat, Inc., Tradinco Instruments, Tektronix, Lockheed Martin, Consumers Energy and GE Kaye.

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Instrument Calibration Services Market: Regional Outlook

Geographically, the instrument calibration services market has been segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa (MEA) and Japan.

Report Highlights

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth Instrument Calibration Services market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments in Instrument Calibration Services Market
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards Instrument Calibration Services market performance
  • Must-have information for market players to sustain and enhance their market footprint

Demand for Calorimeters Market to Soar from End-use Industries and Push Revenues in the Global Market

Calorimeters: Introduction

Calorimeters are devices used in calorimetry to measure the heat absorbed or given out during chemical reactions and the overall heat capacity of materials under study. Most common calorimeters types used today are accelerating rate calorimeters, isothermal titration calorimeter etc. A simple calorimeter features a thermometer that is attached to a metal container filled with water. The thermometer is suspended above a chemical combustion chamber. Calorimeters are frequently used in analysis, processing and research fields and find common applications in biochemistry, thermodynamics and chemistry domains.

Calorimeters: Market Drivers

The upgrades and advancements in the instrumentation arena are expected to propel the growth of the global calorimeters market. Availability of specialized calorimeter is also expected to facilitate the growth of the global calorimeters market. The ever-rising presence of vendors offering high quality durable calorimetric solutions is also expected to drive the growth of the global calorimeters market. Companies and governments are making huge investments in the biochemical and chemical research arenas, which is expected to be the primary driver for the global calorimeters market. High adoption rate registered by laboratories focused on thermodynamics field of research is anticipated to provide a platform for the calorimeters market to grow steadily during the forecast period. Growing usage of specialized calorimeters in automotive, aerospace, nanotechnology, biochemical and biomedical, geology and pharmaceutical industries is also expected to enable the global calorimeters market to generate a steady growth rate. The global calorimeters market is expected to grow during the forecast period due to the ever-rising demand for efficient waste-water analyzing processes and equipment and the requirement of heat value detection of materials in industries, such as petrochemical. The advancements in oil and gas, chemical and coal industries are estimated to have a positive influence over the global calorimeters market.

Calorimeters: Market Segmentation

With regards to the specialization, the global calorimeters market can be segmented into: Adiabatic,Reaction (Constant Flux,Power Compensation,Heat Balance,Heat Flow),Isothermal Titration,Differential Scanning,Constant Pressure,Calvet Type,Bomb Calorimeters

Rising demand for differential scanning and bomb calorimeters during the forecast period is expected to boost the growth of the calorimeter market. Bomb calorimeters feature various advantageous characteristics, such as process convenience, measurement accuracy and quick output generation. These features are expected to enable the bomb calorimeter segment to generate the highest growth rate in the global calorimeters market during the forecast period. The differential scanning segment is also expected to observe significant growth rate owing to the ability of differential scanning calorimeters to measure transition temperatures and a broad range of cooling and heating ranges.

Calorimeters: Regional Market Outlook

High presence of vendors operating in calorimeters market in North America is the primary driver for the growth in calorimeters market in the region. Currently, North America holds the largest share in the global calorimeters market. The governments of Asia Pacific economies are making huge investments in the field of instrumentation engineering and this factor is expected to boost the growth of the  calorimeters market in the region during the forecast period. The market in the Asia Pacific region is expected to register highest growth rate during the forecast period owing to the increasing demand for efficient water and waste-water treatment plants in countries, such as China and India. The calorimeters markets in Latin America and the Middle East and Africa are also expected to register strong growth rates during the forecast period due to the ever-rising adoption of calorimeters for environmental research purposes. The high presence of oil and gas industries in the Middle East and Africa is also expected to boost the growth of the concerned calorimeters market in the region.

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Calorimeters: Key Market Players

Few of the major players operating in the global calorimeters market include Hanna Instruments, Inc.; TA Instruments; METTLER TOLEDO; Shimadzu Corporation; Setaram Instrumentation (trademark of KEP Technologies Group); Parr Instrument Company; NETZSCH Instruments, Inc.; Yokogawa Electric Corporation; ABB; Malvern Panalytical Ltd (a Spectris company); and Swan Analytische Instrumente AG, among others.

Industrial Paper Sacks Market Likely to Emerge over a Period of 4.9% CAGR During 2018-2028

Future Market Insights (FMI) delivers key insights on the global industrial paper sacks market in its published report, titled “Global Industrial Paper Sacks Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028.” Globally, the revenue generated from the sales of industrial paper sacks is estimated to be around US$ 5.3 Bn in 2018 and is projected to expand at a CAGR of 4.9%, during the forecast period 2018-2028. This can be attributed to numerous factors, about which Future Market Insights offers thorough insights and forecast in this report.

Industrial paper sacks are made up of bleached or unbleached paper and are usually used for packaging powdered products such as cement, flour, animal feed, coffee, and more. These industrial paper sacks find applications in a variety of end-use industries such as building & construction, food, chemicals, agriculture & allied industries, and other industries. Industrial paper sacks can protect and carry products having weight up to 50 Kilograms and offer printing area on their surface for branding and promotion of the product. Industrial paper sacks are manufactured using multiple layers of paper and can be coated with layers of plastic films to provide a barrier against moisture and gas. This aids in enhancing the shelf life of the packaged products.

Industrial Paper Sacks Market: FMI Key Findings

  • Among the various product types, the pinched-bottom open mouth segment in the industrial paper sacks segment is witnessing higher growth and is projected to have a positive outlook during the forecast period. This is the most commonly used type of industrial paper sacks for the packaging of building materials such as cement.
  • The demand for building materials has increased significantly in recent years. This can be attributed to fast-paced urbanization and high growth in the industrial sector. Multinational companies are setting up manufacturing facilities in developing countries such as India, China, Brazil, and Thailand. This is anticipated to create enormous opportunities for the cement manufacturers in these countries. The tremendous increase in cement production will translate in high demand for industrial paper sacks. The demand for industrial paper sacks is expected to outgrow the demand for plastic sacks due to the growing concerns over the use of plastic globally.
  • Manufacturers of industrial paper sacks are focusing on enhancing the visual appeal of the sacks. Plastic coatings are used on the outside of these industrial paper sacks to increase the printing finish and ensure that the sacks remain intact during the filling process. Industrial paper sacks can be used for a wide array of products and are available in different sizes and features such as valve, pinch-bottom, SOS sacks, or open mouth.

Emerging Economies Expected to Fuel Demand for Industrial Paper Sacks

The Asia Pacific (excluding India) region has shown impressive growth in the production and consumption of industrial paper sacks, such that it towers over rest of the countries in Europe. The Chinese industrial paper sacks market currently accounts for more than 50% of the Asia Pacific (excluding India) industrial paper sacks consumption alone. North America’s industrial paper sacks market, owing to the increase in demand from the building & construction industry is expected to continue the momentum of growth during the forecast period. The manufacturers of industrial paper sacks are expected to eye the Asia Pacific region for potential business expansion. Therefore, the outlook for the global industrial paper sacks market is expected to be positive during the forecast period.

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Industrial Paper Sacks Market: Key Players

The key players in the global industrial paper sacks market are Mondi Group plc, Smurfit Kappa Group Plc, Klabin SA, WestRock Company, BillerudKorsnäs AB, Gascogne SA, LC Packaging International BV, Simpac Ltd., Edna Group, Essentra Plc., Rosenflex UK Ltd, Novolex Holdings, Inc., Bischof & Klein GmbH & Co. KG, Industrial Development Company sal (Indevco), Segezha Group, Rengo Co., Ltd, Conitex Sonoco Inc., and Forum Packaging Ltd. among others. Many local and unorganized players are expected to contribute to the global industrial paper sacks market during the forecast period.

Laboratory Balances and Scales Market to Benefit from Rapid Technological Advancements During the Forecast Period 2018–2028

Laboratory Balances and Scales: Introduction

The use of balances and scales can be dated back to the period of Ancient Egypt. Then, the laboratory balances and scales in use were simplistic and their applications were limited. Today, laboratory balances and scales are much more complicated and have a multitude of applications and uses. Laboratory balances and scales find applications ranging from weighing of materials and chemicals in labs and research centers to weighing of packaged materials for shipping purposes. An understanding of the difference between weight and mass parameters of a body is required to fully understand how laboratory balances and scales operate. The process of measuring and determining these parameters using laboratory balances and scales is referred to as weighing, even though weight and mass are two different entities. Some laboratory balances and scales measure mass, which is a constant amount of matter possessed by a body. However, other laboratory balances and scales measure weight, which is the heaviness of a specimen. Manufacturers are offering laboratory balances and scales that possess the ability to measure both, weight and mass of a specimen.

Laboratory Balances and Scales: Market Drivers

The advancements in the instrumentation engineering arena are expected to drive the growth of the global laboratory balances and scales market. Availability of efficient and specialized laboratory balances and scales is also expected to boost the growth of the global market. The high presence of suppliers offering durable and high accuracy balances and scales is also expected to facilitate the growth of the global market. Governments and companies are making heavy investments in the chemical and biochemical research arenas, which is expected to be the primary driver for the global market. High adoption of laboratory balances and scales for chemical thermodynamics research is expected to provide a steady boost to the market during the forecast period. Growing utilization of specialized laboratory balances and scales in nanotechnology, aerospace, automotive, biomedical and biochemical, pharmaceutical and geological industries will push the market to register steady growth during the forecast period. Advancements in chemical, oil and gas and coal industries are expected to have a positive impact on the global laboratory balances and scales market.

Laboratory Balances and Scales: Market Segmentation

With regards to the specialization, the global laboratory balances and scales market can be segmented into: Analytical Balances,Platform Scales,Equal Arm Balances,Top-loading Balances,Spring Balances,Triple-beam Balances,Torsion Balances. Analytical balances offer extreme weight sensitivity and accurate mass measurements. These features are expected to enable the analytical balances market segment to hold the largest market share in the global market by the end of the forecast period. 

Laboratory Balances and Scales: Regional Market Outlook

The companies in APAC economies are making huge investments in the field of laboratory instrumentation and this factor is anticipated to enable the Asia Pacific balances and scales market to grow significantly during the forecast period. The high presence of vendors marketing their laboratory balances and scales in North America is the primary driver of the laboratory balances and scales market in the region. Presently, the North American laboratory balances and scales market holds the largest share of the global laboratory balances and scales market. The high diffusion of oil and gas research laboratories in the Middle East is also expected to boost the laboratory balances and scales market in the region. The laboratory balances and scales market in Latin America is also estimated to register a significant growth rate during the forecast period owing to the increasing adoption of laboratory balances and scales for experimental research purposes.

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Laboratory Balances and Scales: Key Market Players

Some of the major players operating in the laboratory balances and scales market are A&D Company, Limited; Adam Equipment Inc; Alliance Scale; Gram Precision; intelligent Weighing Technology; METTLER TOLEDO; OHAUS; PCE Instruments; Precisa Gravimetrics AG; and RADWAG Balances and Scales, among others.

Tool Holders Market Prophesied to Grow at a Faster Pace of US$ 1,604.5 Mn by 2028

Tool holders are devices which act as an interchangeable interface between a cutting tool and machine tool spindle in such a way that the efficiency of either element does not get diminished. Tool holders provide a secured way of mounting tools on machines. Furthermore, the global market for Tool Holders is expected to witness significant growth in 2018. The market will reach a value of US$ 971.6 Mn while growing at a Y-o-Y growth rate of 4.3% as compared to 2017. Furthermore, the global demand for Tool Holders will also be influenced by growing automotive production and construction activities over the next few years.

The emergence of new manufacturing centres in the region is one of the key drivers for the market. The demand growth in the region is being led by the robust increase in manufacturing and industrial output in countries, such as India and China. China, especially, is expected to register robust growth, driven by country’s rapidly expanding manufacturing base and increasing investments in high-performance cutting tools.

European machine tool builders’ investment strategies abroad vary from strategic alliances and joint ventures to acquisition of foreign companies and opening of production facilities in third-world countries. Increasing investments by global car manufacturers in emerging countries, such as India, China and Brazil, and large publicly funded energy and infrastructure projects in these countries make them attractive to European machine tool builders.

Growing R&D activities by leading manufacturers of tool holders are estimated to create several growth opportunities in the tool holders market in the coming future. Furthermore, owing to the fact that automation indirectly impacts the manufacturing market, developments in advanced tool holders are expected to surge in the coming decade.

Based on taper type, the BT flange taper segment is expected to remain dominant in terms of market value share and will account for a share of around 30% by the end of 2028 in the global tool holders market. However, the HSK segment is expected to be the most attractive segment and is also expected to grow at a healthy pace during the forecast period in the global tool holders market.

Based on tool holders type, the collect chuck segment is expected to remain the dominant segment in the global tool holders market and will account for more than 32% of the revenue by 2028 end. Moreover, the hydraulic tool holders segment is projected to witness higher CAGR growth during the forecast period. On the other hand, automotive and general machining & fabrication segments are estimated to collectively account for around 47% value share in the global tool holders market by the end of 2018 owing to growing manufacturing centres and hubs across Asia Pacific region.

In 2017, North America was the most attractive region in the global tool holders market and accounted for nearly 24% share in the global tool holders market. Furthermore, China, followed by SEA and other APAC, is estimated to register substantial growth in the global tool holders market during the forecast period.

Sandvik AB, Kennametal, Guhring, Inc, CERATIZIT S.A., KYOCERA UNIMERCO, Kemmler Präzisionswerkzeuge GmbH, Haimer GmbH, Collis Toolholder Corp., Ingersoll Cutting Tool Company, T.M. Smith Tool, F L Tool Holders, BIG KAISER among others are some of the key players involved in the manufacturing of tool holders in the global market.

In terms of market value, the global Tool Holders market is expected to register 5.1% CAGR and create absolute $ opportunity worth US$ 632.9 Mn during the forecast period. China is projected to remain one of the most prominent market, expanding at a CAGR of 7.0 % over the forecast period.

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Global Albumin Analyzers Market to Exhibit Significant Opportunity Assessment During the Forecast Period 2018–2028

Albumin Analyzers Market: Introduction

Albumin analyzers are laboratory instruments that are adopted for detecting and testing albumins. The test of albumins carried out with albumin analyzers` enables the end user to analyze kidney damage, and further assists in protecting against the same. The continuous implementation of advanced technologies has led to the introduction of fast and portable albumin analyzers in the market. Owing to this, numerous types of albumin analyzers are now available in the market. 

The albumin analyzers market has witnessed considerable traction in the past four years in developed countries such as the U.S. and the U.K., in terms of value. In addition to this, the albumin analyzers market is expected to exhibit a moderate single-digit growth rate during the forecast period. Out of all the types, automated portable albumin analyzers are expected to exhibit the highest growth rate in the global albumin analyzers market, due to the ease associated with their functionality, and the small form factor associated with them.

Albumin Analyzers Market: Dynamics

The increasing incidences of kidney diseases and increasing awareness about the ill-effects associated with the same are increasing the demand for solutions that enable their testing and detection. As a result, this is expected to be the primary driving factor for the global albumin analyzers market. In addition to this, increasing automation in developed and various developing countries, such as the U.S., the U.K., Germany, China, Japan, and India, is also boosting the adoption of automated electronic and digital measurement instruments and equipment, which, as a result, is impelling the adoption rate of albumin analyzers in the market. Furthermore, the establishment of technologically advanced laboratories, pharmaceutical labs, and clinical institutes are also assisting the growth of various advanced measurement devices, such as albumin analyzers, market. The primary intention of expanding their product portfolio by launching new albumin analyzers is one of the recent trends being witnessed amongst albumin analyzer manufacturers in the market. However, in contrary to the above situation, lack of awareness amongst end users and the absence of resources across various under-developed and developing countries for the implementation of albumin analyzers has been witnessed to be the primary restraining factor for the global albumin analyzers market.

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Albumin Analyzers Market: Segmentation

On the basis of analyzer type, the albumin analyzers market has been segmented as:

  • Benchtop
  • Automated
  • Discrete

On the basis of end use, the albumin analyzers market has been segmented as:

  • Healthcare
  • Pharmaceutical
  • Biotechnology
  • Research Institutes

Albumin Analyzers Market: Key Players

Some of the key players in the albumin analyzers market are HemoCue AB, Beckman Coulter, Inc., Radiometer Medical ApS, EKF, Cellmic, LLC, Henry Schein, Inc., and various others.

Various albumin analyzer manufacturers are focusing on expanding their sales and strengthening their position in the global market by partnering with various end customers, distributors, and resellers, globally.

Regional Analysis:

  • North America market (U.S; Canada)
  • Latin America market (Mexico, Brazil, Rest of Latin America
  • Western Europe market (Germany, France, U.K., Spain, Italy, Nordic, Benelux, Rest of Western Europe)
  • Eastern Europe market (Poland, Russia, Rest of Eastern Europe)
  • SEA and other Asia Pacific countries market (India, Indonesia, Oceania, Singapore, Philippines, Malaysia, Thailand, Rest of SEA and other Asia Pacific countries)
  • Japan market
  • China market
  • Middle East and Africa market (GCC Countries, Turkey, North Africa, South Africa, Rest of MEA)

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The report covers exhaustive analysis on:

  • Global Albumin Analyzers market segments
  • Global market dynamics
  • Historical actual market size, 2013-2017
  • Global market size & forecast 2018-2028
  • Supply & demand value chain for market
  • Global market current trends/issues/challenges
  • Competition & companies involved in the market
  • Technology
  • Value chain in Albumin Analyzers
  • Global market drivers and restraints

Christmas Tree Valves Market Detailed Analytical Overview by 2027

Increasing number of oil & gas operations and the growing demand for oil & gas from numerous industries are collectively surging the demand for Christmas Tree Valves. These valves witness high demand from both onshore as well as offshore applications in the oil & gas industry. The global demand for Christmas Tree Valves is predominantly driven by the increase in remote drilling operations, and offshore exploration, drilling and production operations. The global Christmas Tree Valves market is expected to register substantial growth in 2018 with a value of US$ 2,560.5 Mn.

With recovery in crude oil prices post the crisis in 2017, the oil & gas industry has once again been gaining momentum. This has been creating opportunities for equipment and components, such as Christmas Tree Valves, that find application in the oil & gas sector. The installation of a Christmas Tree Valve depends upon the oil & gas and the operating conditions.

Increasing investments in alternative or renewable sources of energy such as solar and wind energy are expected to negatively impact the oil & gas industry and subsequently, the adoption of Christmas Tree Valves, specifically in developed regions such as the European Union. The establishment of new manufacturing units and distribution centres for Christmas Tree Valves, coupled with increasing investments in Thailand, India, Indonesia, Malaysia, Argentina, Brazil and Nigeria, is expected to provide impetus to the growth of the market in the coming years.

On the basis of the type of Christmas Tree Valve, automatic valves are expected to account for nearly an 80.5% market share in terms of value by the end of the forecast period. Among the different applications of Christmas Tree Valves, the onshore oil and gas industry is expected to hold a substantial share and account for US$ 3,316.2 Mn by the end of 2027. The demand for Christmas Tree Valves in onshore application is anticipated to witness rapid growth in China and emerging countries from APEC.

As of 2018, North America is a lucrative market for Christmas Tree Valves and the region is expected to account for over a 39% market share by 2027. In addition, advancements in valve technology, material selection and remote oil and gas operations are expected to drive the demand for Christmas Tree Valves in North America, APEC and China.

The increasing demand for Christmas Tree Valves is expected to create opportunities for manufacturers to gain new orders in the coming years. With the aim of business expansion and enhancing sales, players in the market are seeking strategic collaborations with regional suppliers and distributors. Some of the noteworthy players identified in the Christmas Tree Valves market are Schlumberger Limited, TechnipFMC Plc, Aker Solutions, Dril-Quip, Inc., General Electric (Baker Hughes), Worldwide Oilfield Machine, Stream-Flo Industries Ltd, National Oilwell Varco, Kingsa Industries and The Weir Group PLC. Players in the Christmas Tree Valves market face intense competition, specifically from the numerous regional players operating around the globe.

The global Christmas Tree Valves market is expected to register a value CAGR of 3.7% during the forecast period. It is estimated to create an absolute $ opportunity worth US$ 996.2 Mn between 2018 and 2027. Among all regions, China, APEC and North America are expected to witness high adoption of Christmas Tree Valves with CAGRs of 4.3%, 4.1% and 3.7% respectively during the forecast period. Countries such as Thailand, India, Argentina and Indonesia are expected to further drive sales over the assessment period.

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Sales of Vortexers Market to Increase from Top End-use Industries During the Forecast Period 2018–2028

Vortexers Market: Introduction

As a response to the complexities associated with the application and adoption of finger vortex, such as inefficiency, inadequate processing and high time consumption, vortexers or electronic vortex mixers were introduced in the market. Vortexers are electronic laboratory equipments which are widely used across bioscience, biochemical and analytical laboratories to mix variable contents of vials of liquid. After its inception, limited adoption of vortexers was witnessed due to the relatively high cost associated with it. However, with the progression of time, increasing demand for the same has been witnessed in the market. Declining prices, increasing awareness about the features of the product and increasing competition amongst vortexer vendors are some of the factors further expected to boost the demand for vortexers in the global market.

Vortexers Market: Dynamics

Increasing demand for automated electronic laboratory components and equipment across technologically-advanced laboratories of developed countries, such as the U.S. and the U.K., has led to increased adoption of vortexers in these regions. This, as a result, has driven the overall market, in terms of value, and has contributed to increasing awareness about the same in the global market. Besides this, increasing establishment of various biochemical and bioscience laboratories across the globe has been the primary driving factor for the growth of the vortexers market. However, lack of awareness and resources for the implementation and application of vortexers in laboratories of under developed and developing countries are restraining the global market. That apart, high cost of vortexers across these regions due to lack of availability is another important factor challenging the growth of the market.

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Vortexers Market: Segmentation

On the basis of operating mode, the vortexers market has been segmented as:

  • Continuous
  • Touch
  • Hybrid

Of all the aforementioned segments, the hybrid segment is expected to exhibit highest growth rate during the forecast period in the global vortexers market.

On the basis of tube capacity, the vortexers market has been segmented as:

  • 0 ml – 25 ml
  • 25 ml – 50 ml
  • Above 50 ml

On the basis of application, the vortexers market has been segmented as:

  • Immunochemical Reactions
  • Enzyme and Protein Analysis
  • Microarray Analysis
  • Others

On the basis of vertical, the vortexers market has been segmented as:

  • Healthcare
  • Chemical
  • Pharmaceuticals
  • Academics
  • Others

Chemicals and Pharmaceuticals segments, in conjunction, are expected to dominate the market, throughout the forecast period, in terms of value, owing to their maximum applications across respective verticals.

Vortexers Market: Key Participants

Some of the key players operating in the vortexers market are Corning Incorporated, Thermo Fischer Scientific, Eppendorf AG, Fisherbrand, Heathrow Scientific, Heidolph Instruments GmbH & CO. KG, IKA, OHAUS, Troemner and various others.

Various vortexers manufacturers are focusing on expanding their sales and strengthening their position in the global Vortexers market by partnering with various channel partners with the intention of boosting the indirect sales of their products in the market. For instance, Thermo Fischer has partnered with distributors and suppliers, such as VWR and Cole-Parmer.

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 excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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The report covers exhaustive analysis on:

  • Global market segments
  • Global market dynamics
  • Historical actual market size, 2013-2017
  • Global market size & forecast 2018-2028
  • Supply & demand value chain for market
  • Global market current trends/issues/challenges
  • Competition & companies involved in market
  • Technology
  • Value Chain
  • Global market drivers and restraints

Fiber Laser Market to Hold a High Potential of 9.8% CAGR for Growth by 2027

A fiber laser is a type of industrial laser, typically solid-state laser, where the active medium is an RE (Rhenium) doped optical fiber developed by the optical pumping of diode lasers. These fibers are called active fibers and are comparable in diameter to a human hair. The laser emission is created within optical fibers and delivered through a flexible optical fiber cable. In addition, fiber lasers free end-users from fine mechanical adjustments and the high maintenance costs that are typical for conventional lasers. Attributing to their design and components, fiber lasers are more compact, reliable, efficient, robust and easier to operate than conventional lasers.

Manufacturers are focusing on enhancing their production capabilities. That apart, high demand is being witnessed from aerospace and automotive industries, which has been fuelling the growth of the fiber laser market. As a result of these factors, the global market for fiber laser is expected to witness significant growth in 2018 and reach a market value of US$ 2,215.1 Mn while registering a Y-o-Y growth rate of 8.4% as compared to 2017. Furthermore, the global demand for fiber laser is also expected to be influenced by industrial developments and rising urbanisation in various regions. Moreover, price reduction and technical advancements in fiber laser equipment have also led to their application in 3D printers for material deposition, primarily for the aerospace industry.

Recovery in global manufacturing value added is pulling in significant capital investments across the fiber laser market. With the general growth rate of various industrial sectors, such as aerospace and automotive, hovering at a number higher than the overall global economic growth number, new manufacturing capacity additions at a macro level are expected to come up in the coming years. This, in turn, is expected to support the growth of the fiber laser market across the globe.

  • On the basis of laser type, CW (continuous wave) type fiber laser is expected to hold a substantial share of the global fiber laser market. This is can be attributed to the fact that CW fiber laser emits one constant beam, which facilitates its application in metalworking. CW (continuous wave) fiber laser is designed to work with reflective metals
  • High power fiber laser, ranging from more than 2,000 W, is expected to observe 8.3% growth in the coming years. Supply of fiber laser to the end-use industries in Asia, and specifically in China, hastened a price war that boosted fiber laser sales volumes and reduced supplier profit margins

China is estimated to account for nearly 34.4% of the global fiber laser market in 2018. Furthermore, being at the forefront of the fiber laser market, China has launched various strategies in an attempt to boost manufacturing activities in the country; subsequently, benefiting the manufacturers of fiber laser. However, the global fiber laser market is expected to face certain challenges. Political uncertainty in Europe and the Middle East & Africa is expected to slow down the consumption of fiber lasers. Moreover, the lower rate of installation and lack of consumer awareness about fiber laser are the other important factors that will impede the growth of the fiber laser market.

Additionally, the fiber laser market has been experiencing a decline in average selling prices, which has been eroding gross margins and harming the operating results of players. The introduction of new products and technologies, intensifying competition and price pressures from customers are among the other challenges faced by manufacturers.

IPG Photonics Corporation, TRUMPF GmbH + Co. KG, Maxphotonics Co., Ltd., Coherent Inc., Newport Corporation, Wuhan Raycus Fiber Laser Technologies Co., Ltd., Lumentum Operations LLC, Fanuc Corporation, Furukawa Electric Co., Ltd., Keopsys S.A., Fujikura Ltd., and nLIGHT, Inc. are some of the key players involved in the global fiber laser market.

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Long-Term Outlook: In terms of market value, the global fiber laser market is anticipated to expand at a 10.0% CAGR and create significant opportunities for value chain participants during the forecast period. Further, the India fiber laser market is set to observe a robust growth rate due to rapid industrialization in the country, which in turn will trigger the demand for specialized industrial lasers such as fiber lasers.