Propanol Market projected to experience steady growth during the forecast period of 2022-2029

Growing utilization of propanol as a direct solvent in paints and coatings, household & industrial cleaners, and others is expected to pave the way for its robust sales during the projected timeline. This is the main factor as to why the global propanol market is estimated at US$ 2.8 billion in 2019, and is projected to experience steady growth during the forecast period of 2019-2029. East Asia will see the most opportunities for manufacturers over the period of forecast, with pharma- and electronic-grade isopropanol experiencing increasing sales.

Increased preference for light-feed petrochemicals in developed regional propanol market, dearth of propylene supply, and subsequent price hike are likely to impact the production of isopropanol from propylene feedstock. Such volatility in propylene prices, is, therefore, influencing isopropanol manufacturers to embrace acetone-based isopropanol production approaches. As the method delivers pharma- and electronic-grade isopropanol, production will be beneficial for the growth of the propanol market.

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Key Takeaways from Global Propanol Market
  • In the coming years, as compared to isopropanol, n-propanol is expected to register a slight increase in demand, owing to new laws and regulations regarding the usage of low-VOC-emitting chemicals in pharmaceutical and food processing applications.
  • Pharmaceutical and electronic-grade isopropanol is likely to be sought after in the future, owing to the growth of pharma and semiconductor industries. Worldwide, propanol used as a direct solvent across various industries is projected to account for a prominent share in the global propanol market.
  • Growth prospects are high in emerging markets such as India, China, and Mexico. Companies are focusing on different strategies in order to ensure good presence in both, emerging and matured markets. Since there are limited opportunities for propanol manufacturers in developed regions, manufacturers in the propanol market are focusing on emerging markets to capture a larger share in the landscape.

 “Volatility in petroleum feedstock prices as well as propylene prices may impact the future price of propanol as well as market growth. Increasing cost of propylene is encouraging manufacturers to adopt acetone-based isopropanol production, especially in Asian countries. Acetone-based propanol production increased from 2% to 25% from 2002 to 2018 in Asian countries,” says an FMI analyst.

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The implementation of new technologies or methods over conventional methods, and production capacity expansion and footprint expansion, remain the key strategies followed by propanol manufacturers to enhance productivity and capture new opportunities in the propanol market.

East Asia Set to Become Self-sufficient in Propanol

In the year 2012, the capacity base of propanol in East Asia surpassed that of North America, primarily following the start of several new facilities in China and South Korea. During the period of 2010-2018, massive addition in capacity has made China a prominent producer in Asia Pacific. In China, future import volumes are expected to decline as the country moves towards self-sufficiency. Globally, oversupply of propanol has constricted its growth and demand. At present, the total global production capacity of propanol stands at around 3,400 KT, with approximately 60% utilization rate.

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A new market report on propanol published by Future Market Insights brings to the fore a pin-point analysis of the propanol market, and offers comprehensive information with historical demand data for 2014-2018 and forecast statistics for 2019-2029. The study offers insightful information on the global propanol market based on various categories – type (n-propanol, isopropanol), application (solvents, chemical intermediates, pharmaceuticals, household & personal care products, and others), across seven regions. This study highlights key market players who are well-known vendors and have proven themselves as key shareholders in the global propanol market. Some of the propanol market players included in the report are BASF SE, Royal Dutch Shell Plc, ExxonMobil Corporation, Sasol, LG Chem Ltd., and Eastman Chemical Company, among others.

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Industrial Air Compressor Market is projected to valued at ~US$ 26.7 Bn in 2021

[250 Pages Report] Increasing investments in mechanical equipment will pave the way for the expansion of the industrial air compressor market in the coming years. As per a Future Market Insights (FMI) analysis, the industrial air compressor market is projected to be valued at ~US$ 26.7 Bn in 2021.

The ongoing crisis caused by the COVID-19 pandemic has caused a severe impact on the global economy. It has resulted in complete shutdown of the supply chain networks and manufacturing activities. This has subsequently affected the industrial air compressor market, causing a significant drop in the growth. However, the industrial air compressor market is expected to recover as the economic activity resumes following the containment of the pandemic.

Manufacturers of industrial air compressors are focusing on the development of digitally controlled systems such as compression solutions with automation and digitalization. This in turn is expected to create positive growth prospects for the growth in demand for industrial air compressors.

Also, the consistently rising demand from the oil and gas sector will remain a key growth driver. According to the report, both oil & gas and automotive & transportation industries will account for maximum sales in the market through the forecast period. Expansion of these industries will therefore present attractive opportunities for growth in the near future.

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Key Takeaways from the Industrial Air Compressor Market Study

  • Industrial air compressor market will register a CAGR of ~4.6% over the forecast period of 2021-2031
  • Expansion of oil exploration activities have placed the U.S. as a chief market, which accounts for over 70% sales within North America
  • Improving production in the automotive sector will fuel demand in the U.K., enabling above 6% y-o-y growth in 2021 in terms of value
  • Application across diverse sectors will drive growth in industrial air compressor market in Germany and France
  • Rising demand for power generation will push growth in Japan and China

“The main catalyst behind the growing popularity of air compressors is the innovation that goes into newer models in the market. In economic downturns, sales of air compressors are less likely to witness significant gains in some of the world’s more developed markets. Nonetheless, the technology will always have thriving markets as long as there are developing countries are eager to compete with the industrialized world.” says a Future Market Insights analyst.

The industrial air compressor market is expected to be a high-opportunity market in the forecast period owing to increasing demand from various manufacturing and production industries as well as investments in oil & gas and power generation sectors, which are expected to drive the demand through the forecast period. Moreover, manufacturers are emphasizing on developing digitalized and customized products as per customer demands along with improved technology, life cycle, higher efficiency and less maintenance cost. These factors are expected to positively influence growth in demand for Industrial air compressors during the forecast period.

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Competitive Landscape

The industrial air compressor market is highly consolidated, in which the leading players account for more than three fourths of the market share. The penetration of small regional players makes this market more competitive. Some of the key players in the market are Atlas Copco, Baker Hughes, Anest Iwata Corporation, General Electric, Hitachi Industrial Equipment Systems Co., Ingersoll Rand, Burckhardt, MAN SE, Siemens Energy AG, Ariel Corp., and Bauer Kompressoren GmbH, among others. These players have higher shares in the global market, and have longstanding relationships with a number of end users, giving them an upper hand over their peers.

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The research report analyzes the market demand trends of subsea multiphase flowmeter. The global market estimation and growth projection is based on factors like end use industries development, COVID-19 crisis impact, replacement ratio, and adoption rate of subsea multiphase flowmeter. As per Future Market Insights research scope, the subsea multiphase flowmeter market has been studied and segmented on the basis of pipe size, application, construction material and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.

Industrial Air Compressor Market by Category

By Technology

  • Rotary
  • Reciprocating
  • Centrifugal
  • Axial

By Capacity

  • Upto 500 HP
  • 500 – 2000 HP
  • 2000 – 5000 HP
  • 5000 – 12000 HP
  • 12000 – 20000 HP
  • Above 20000 HP

By Compression Stage

  • Single Stage
  • Double Stage
  • Multistage

By Driver Type

  • Electric
  • Natural Gas
  • Fuel Driven

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By End Use

  • Automotive and Transportation
  • Oil and Gas
  • Power Generation
  • Chemicals
  • Food and Beverages
  • Pharmaceuticals
  • Mining and Metals
  • Industrial Air Separation
  • Other manufacturing

Region

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

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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Soft Magnetic Composites Market reaching a value of US$ 80 Bn in 2029 – FMI

Soft magnetic composites (SMCs) are used extensively in the automotive industry for their ferromagnetic properties. Majorly driven by this, global soft magnetic composites market is projected to exhibit a robust CAGR during the forecast period of 2019-2029, reaching a value of US$ 80 Bn in 2029. Correct SMC combination provides a technology that consumes less energy, is optimally efficient, and capable of use in extreme frequencies and temperatures.

High demand is witnessed from the automotive industry for electronic components such as motors, inductors, and other electronic machines that enhance reliability and efficiency. Moreover, the industry demands space reductions of components such as inductors that capture a lot of space. As a result, efforts to attain balance between working efficiency and smaller dimensions, have propelled the use of soft magnetic materials such as soft magnetic composites.

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Key Takeaways

  • Demand for electrical steel segment is expected to grow at a healthier rate. Its market share is anticipated to increase owing to application in different end-use industries, along with cost-effective nature of the material.
  • 5P type, though most expensive, is prominently used in the power generation industry. As the demand for this segment is increasing, SMC manufacturers are under high pressure to reduce its price.
  • The Asia Pacific region holds a prominent share of soft magnetic composites market owing to the constantly increasing presence of strong electronic and automotive sector in countries such as China, India, ASEAN Countries, and Japan.
  • East Asia is projected to be a hub for electronic industry, countries such as China, are anticipated to be at the epicenter of opportunities in the electronic industry.
  • Soft magnetic composites are increasingly gaining traction within the 3D-printing technology space.

SMC are advantageous as they offer the possibility of developing three dimensional shapes with complex geometry in extreme conditions, along with being cost effective and energy efficient. Moreover, acceptance of new technologies in automotive and consumer (electronics) goods industry such as 3D printing has paved a path of new opportunities for soft magnetic composites market.

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Market Landscape Moving towards Consolidation

The soft magnetic composites market is highly consolidated owing to the prominence of handful of players with extensive R&D capabilities. Key manufacturers in the tier I such as GKN Powder Metallurgy (Melrose PLC) and Hitachi Metals Ltd. are pushing towards consolidation by opting for growth strategies such as acquisitions, joint ventures, and others.

What Does Future Hold?

In the coming years, as purchasing power of customers in developing regions grows, demand for soft magnetic composites is also anticipated to increase. Demand for cost-effective and energy-efficient materials from automotive and power generation industry is going to be the major driving force for the SMC markets. Introduction of new technologies such as 3D printing is will open an opportunity door for the SMC market.

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Future Market Insights has published a market research report on the soft magnetic composites market that contains global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the Soft magnetic composites market through three different segments, namely material, type, application, end-use industry, and region. The soft magnetic composites market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world along with a detailed overview of the parent market.

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Yacht Market Emerging Growth Analysis, Future Demand and Business Opportunities 2027

A Yacht is a vessel which is primarily used for pleasure and recreational purposes. Though some yacht are used for commercial purposes, but count of such yachts is very less. The size of yachts can vary from 35 feet in length to more than 160 feet in length. Moreover, yachts can either be sailed or powered by a propulsion system such as internal combustion engine or gas turbine. Most of the yachts are used for high speed recreation and sports purposes. With technological advancements have led to transformation of yacht racing not just as a hobby but as a sophisticated Sport. Many of the Original equipment manufacturers are focusing on implementing alternative sources of energy for yachting purpose. Yacht brokers play an important role in the resell and purchase of new yachts. They act as mediators which help their clients to select suitable yachts according to their purpose and application. They help in improving the supply chain structure of the company, which has a significant impact on the growth of yacht market across the globe. Yachts can be made of various materials such as steel, aluminum, fiberglass, wood, carbon fiber or treated wood with epoxy resins. Moreover, vessels with height more than 100 feet are termed as mega yachts and vessels with height more than 200 feet are termed as super yachts. 

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Yacht Market: Market Dynamics

In the recent years inclination towards marine tourism and water sports has increased multifold. Owing to this OEMs are strategically focusing on developing high speed yachts which could cater to the advancing demands of the customers. Moreover, super yachts or large yachts which are custom build according to the demand is anticipated to witness an incremental growth in demand over the assessment period for luxury and recreational purposes. This will create opportunities for further augmentation of yacht market over the forecast period. Furthermore, with increasing focus on alternative fuels, solar powered yachts are becoming a popular alternative to replace conventional diesel powered yachts. Manufacturers of cruiser yachts are focusing on increasing the luxury features with improved performance characteristics for better on water experience. This will further increase the demand of cruiser yachts for on water recreation purposes. Yachts are more often made of wood, but a recent shift in trend has led to introduction of yachts which are made up of wood and composites for better performance. This will further create opportunities for augmentation of the said market over the assessment period. Moreover, in order to reduce the production cost, manufacturers are shifting towards the utilization of modular construction method for yacht building.

Stringent emission norms and safety regulations derail the growth of yacht market. Owing to many speed, emission and design regulations, the manufacturers are investing on implementing new technologies in their products. This will increase the initial cost of yachts which would have a negative impact on the sales. Moreover, apart from recreation, luxury and sports sailing yachts do not find much use for transport of goods and passengers. This could further restrain the growth of the market over the assessment period.

Yacht Market: Key Participants

  • Brunswick Corporation
  • Bavaria Yachtbau GmbH
  • Baglietto s.p.a
  • Azimut Benetti
  • Cheoy Lee Shipyards Limited
  • BENETEAU
  • Damen Group
  • Blohm+Voss B.V. & Co. KG
  • FINCANTIERI S.p.A.
  • Heesen Yachts B.V.
  • Lürssen Werft GmbH & Co. KG
  • Oceanco

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)
Yacht Market: Market Segmentation 

On the basis of Design, global yacht market can be segmented into:

  • Cruiser
  • Sailing boats
  • Superyachts
  • Motorboats

On the basis of type of hull, global yacht market can be segmented into:

  • Monohull
  • Multihull

On the basis of type of length, global yacht market can be segmented into:

  • Less than 24m
  • More than 24m (Pleasure ships)

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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

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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Automotive Brake Valve Market anticipated to reach US$ 6,551.1 by 2022 end

Witnessing a prominent boost from the demand for high-speed racing cars, the global automotive brake valve market is set for a promising CAGR during 2022 – 2027. The sales of automotive brake valves will witness an uptick with the growing stringency of regulations to mandate anti-lock braking system (ABS) fitment in passenger cars and commercial vehicles, says a new study of Future Market Insights (FMI). Increasing sales of integrated electronic braking systems and electrohydraulic brake valves in automotive brake systems would elevate market prospects in the following years. Towards the end of forecast period, global sales of automotive brake valves are foreseen to reach in excess of US$ 8 Bn. The sales of automotive brake valves will witness an uptick with the growing stringency of regulations to mandate anti-lock braking system (ABS) fitment in passenger cars and commercial vehicles, says a new study of Future Market Insights (FMI). Increasing sales of integrated electronic braking systems and electrohydraulic brake valves in automotive brake systems would elevate market prospects in the following years. Towards the end of forecast period, global sales of automotive brake valves are foreseen to reach in excess of US$ 8 Bn.

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Automotive Brake Valve Market – Key Takeaways

  • Introduction and adoption of advanced vehicle security systems in passenger cars and commercial vehicles is a key factor identified to drive automotive brake valve market growth. ABS installation is projected to gather significant momentum for on-road as well as off-road vehicle fleet, over the forecast period.
  • Increasing installation of ABS in all classes of passenger cars as well as commercial vehicles is augmenting demand for automotive brake valves.
  • Moreover, use of advanced braking systems in high-speed racing cars that are subject to wear and tear is also expected to play a vital role in bolstering demand for automotive brake valves.
  • In most cases, brake valves are procured by brake system manufacturers or assemblers. These are then fitted in brake systems of passenger cars and commercial vehicles. Efficient and proper value chain will further augment the growth of automotive brake valve market.
  • Integration of electronics in brake systems and use of advanced technologies such as EBD, SSR, ESP, traction control and brake assist (BA) in ABS, further enhance the overall efficiency of vehicles, in turn, reducing the fitment of conventional brake valves. However, combinational and proportional brake valves are still used along with ABS to maintain tractive contact with the road.
  • In case ABS fails or dysfunctions, vehicle’s regular braking system that comprises of combinational brake valves and proportional brake valves control braking activities of the vehicle. Moreover, in many newer vehicles valve assembly can get replaced separately from the ABS control module, thereby increasing opportunities in the aftermarket segment.

Considerably fair shelf life, and thus, low replacement rate of automotive brake valves will remain among the key factors limiting growth of the global market to a large extent, throughout forecast period.

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Automotive Brake Valve Market to Grow in Parallel with ABS Production

The global automotive brake valve market is estimated to witness decent growth over the forecast period. Rapidly growing automotive industry, especially production and sales of sports cars, is substantially boosting demand for automotive brake valves. East Asia will retain its dominance in the global automotive brake valve market owing to comparatively higher vehicle fleet, followed by South Asia and North America.

Who Is Winning?

Automotive brake valve market is identified to be consolidated, comprising of market players such as Wabtec Corporation, Master Power Brakes, and Parker Hannifin Corp. Market players forming supply contracts with local and regional automotive ancillaries are expected to drive market growth. Furthermore, tie-ups between ABS and brake valve manufacturers are fueling automotive brake valve market growth. Moreover, continual dependency of local automotive OEMs on aftermarket sales will surge demand for automotive brake valves during the forecast period.

AUTOMOTIVE BRAKE VALVES MARKET TAXONOMY

The global automotive brake valve market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

  • Combination Valves
  • Quick Release Valves
  • Metering Valves
  • ABS Modulator Valves
  • Foot & Hand Brake Valves
  • Parking Brake Valves
  • Emergency Valves
  • Check Valves
  • Spring Valves
  • Proportional Valves

Vehicle

  • Compact Cars
  • Mid-sized
  • Luxury Cars
  • SUVs
  • HCVs
  • LCVs

Material

  • Steel
  • Copper
  • Brass
  • Alloy

Sales Channel

  • OEMs
  • Aftermarket

Region

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

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Report at Glance

The global automotive brake valves market report offers noteworthy insights and analysis for the forecast period of 2019-2027. The report includes macroeconomic factors, regional pricing analysis, market dynamics, value chain analysis, market value and volume analysis, emerging market trends, important stakeholders, list of manufacturers and distributors, industry roadmap for last five years, channel partners, and strategies deployed by market players to gain a competitive edge.

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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Synthetic Quartz Market Projected to register a CAGR of 6.1% during the forecast period (2022-2029)

The global market value of synthetic quartz is nearly US$ 85 Mn, and the electronics industry accounts for more than 3/4th of total sales. As suggested by a new Future Market Insights (FMI) study, the global synthetic quartz market is set for notable growth during 2019 – 2029.

The electronics industry solely relies on components such as semiconductors, optical fibers, and solar cells. These electronic components utilize synthetic quartz crystal due to its important intrinsic properties. Technological developments are driving the need for high-performance electronic equipment, and have subsequently propelled the sales of synthetic quartz.

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Rising demand for electricity in tandem with exhaustion of existing energy sources have accented the need for renewable sources of energy such as solar energy. Globally, the adoption of solar panels is on a steady rise, attributed to increasing power/ electricity consumption in urban and semi-urban areas. Further, notable upsurge in government-funded solar energy projects, especially in China, and India, are expected to work in favor of the synthetic quartz market

Key Takeaways – Synthetic Quartz Market Report

  • Synthetic quartz crystal is expected to grow at a higher rate, increasing its market share on account of growing use in end-use industries during the forecast period.
  • The semiconductor industry places the most stringent requirements on quartz purity, creating positive impact on demand for synthetic quartz.
  • East Asia holds a prominent share of the synthetic quartz market due to presence of strong electronics and automotive sectors in countries such as China, South Korea, and Japan. China is one of a major producers and exporters of electronics. Moreover, it has good production to sales ratio (appx. 98%) for electronics. South Korea has a significant share in the global automotive sector.
  • Synthetic quartz and competitive products are gaining more attention from EUV lithography market players.
  • Developing countries have witnessed growth in per capita income, especially in rural areas. Ease of buying electronic appliances has driven the growth of synthetic quartz components in developing countries.

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Rising adoption of new technologies in electronics & communication and rapid evolution of automotive industry is expected to fuel the growth of global synthetic quartz market.

Market Landscape Moving towards Consolidation

The synthetic quartz market is highly technology-driven and is dominated by a handful of players with extensive R&D capabilities. Tier-I manufacturers in the global synthetic quartz market, Kyocera, Murata Manufacturing, Hereaus (Shin-Etsu), Asahi Glass Company, and others are focusing on joint ventures, partnerships, and collaborations to build on their product expertise and enhance market dominance.

What Does Future Hold?

Increasing purchasing power of customers from developing regions and ease of purchasing electronic appliances is expected to drive the growth of the synthetic quartz market. Moreover, on account of increasing use of synthetic quartz in optical communication, recent developments and growth in optical industry, the synthetic quartz market is projected to witness robust growth during the forecast period.

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Future Market Insights has published a market research report on the synthetic quartz market that contains global industry analysis for 2014–2018 and opportunity assessment for 2019–2029. The report provides insightful analysis of the synthetic quartz market through three different segments- product type, end-use industry, and region. The synthetic quartz market report also provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, along with a detailed overview of the parent market.

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Oil And Fuel Filter Market Challenges, Drivers, Outlook, Growth Opportunities – Analysis to 2026

Fuel filters are intended to eradicate dust and dirt particles from the fuel. Fuel filters are placed in the internal combustion engines. On the other hand, the oil filter is basically intended to remove contaminants from transmission oil, lubricating oil, engine oil and hydraulic oil. They are used in various types of hydraulic machineries. The global oil filter and fuel filter market is expected to grow significantly over the forecast period. Oil filter and fuel filters are obligatory parts in a vehicle. These filters have a limited life, which leads to spur the demand for oil and fuel filters in the aftermarket. 

Emerging economies like India, China, Brazil, Mexico, South Korea, Indonesia, and Turkey are attractive markets for manufacturing firms of oil and fuel filter. Owing to the growing demand of passenger cars and commercial vehicles in emerging countries, it is estimated that passenger car segment will be the dominant segment in the global oil and filter market. The growing demand for long drain intervals and electric vehicles are hampering the growth of global oil and filter market.

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The future of the oil and fuel filters market will be determined by factors such as energy independence, reduction of carbon footprint, growing interest in diesel powered vehicles, invention of low sulphur diesel, implementation of stringent environmental norms and better engine design. These parameters will significantly influence how business is going to be conducted in oil and fuel filtration segment.

Global Oil and Fuel Filter Market: Dynamics

Drivers:

Increasing vehicle production, vehicle parc and enhanced average aftermarket spend on vehicle maintenance are the primary factors which are driving the expansion of oil and fuel filter market.

Another key growth driver is expected to be the stringent environmental norms and efficiency regulations prevailing on most of the developed countries.

Restraints:

The most significant restraints associated with oil and fuel filter market is the growing demand of long drain intervals, which may hamper the growth of global oil and fuel filter market.

In addition to this, the growing demand for electric vehicles act as a restraint for the global oil and fuel filter market.

Global Oil and Fuel Filter Market: Regional Outlook

On the basis of region, Asia Pacific is expected to be the growth engine for oil and fuel filter market. The key countries in the Asia-Pacific region are China, Japan, India, and South Korea, as an outcome of growth in the vehicle production which in turn is resulting in increase in demand for oil and fuel filter market in these countries. Japan, Latin America and Middle East and Africa are expected to grow at a steady rate over the forecast period. The North America and Europe are the dominant markets over the forecast period.

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Global Oil and Fuel Filter: Market Players

Examples of some of the market participants in the global oil and fuel filter market identified are:

  • The Mann+Hummel Group
  • Ahlstrom Corporation
  • Rank Group Limited (UCI-FRAM)
  • Cummins Inc.
  • Sogefi SpA
  • Donaldson Company, Inc.
  • MAHLE GmbH
  • Clarcor Inc.
  • Denso Corporation
  • Hengst Se & Co. Kg
  • AC Delco Inc.
  • GUD Holdings Limited

The report covers exhaust 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)
  • 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)
Global Oil and Fuel Filter Market: Segmentation

Global oil and fuel filter market is segmented on the basis of vehicle type as follows:

  • Passenger Car
  • LCV (Light Commercial Vehicle)
  • HCV (Heavy Commercial Vehicle)

Global oil and fuel filter market is segmented on the basis of sales channel as follows:

  • OEM (Original Equipment Manufacturer)
  • ftermarket

Global oil and fuel filter market is segmented on the basis of filter type as follows:

  • Oil filter
  • Fuel filter

Global oil and fuel filter market is also segmented on the basis filter media as follows:

  • Cellulose
  • Synthetic-Laminated
  • Pure Glass

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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

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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Automotive Mufflers Market Key Manufacturers, Development Trends and Competitive Analysis 2027

The installation of a muffler can make a significant difference to the noise level of a car. The primary function of an automotive muffler is to reduce the noise emissions from an engine. Automotive mufflers reduce noise production simply by allowing exhaust gases to pass through passages. Two types of automotive mufflers are available in the market:  Reactive or reflective mufflers and absorptive mufflers. Automotive mufflers consist of baffle plates, a shell, end plates, perforated and non-perforated pipes and absorption materials. Automotive mufflers have the properties of reactive mufflers as well as absorptive mufflers. Whereas the reactive mufflers use destructive interference to reduce noise emissions, the absorptive mufflers reduce unwanted sound energy through absorption. For automotive mufflers to function properly, various characteristics like backpressure, desired sound, shape, cost, style, adequate insertion loss and durability must be kept in mind during the designing process. Since muffler modification offers better aesthetics and enhanced performance, it is a growing trend in countries such as Australia where young drivers expect more from their rides. Automotive mufflers usually have an elliptical, or circular cross-section design. However, most drivers prefer the circular cross section design as it is best suited to drivers and delays the onset of higher order modes in vehicles.

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Automotive Muffler Market: Dynamics:

Drivers

Since the optimal design of mufflers results in reduced noise from engines and enhanced fuel saving, these two factors are expected to drive the global automotive mufflers market during the forecast period. Furthermore, stringent government regulations regarding noise pollution in various regions such as North America, Western Europe and the APEJ are expected to drive the global automotive mufflers market. Moreover, the recent development of long strand fibrous materials used in exhaust systems without binders has led to their use in combination mufflers, which will further fuel the growth of the global automotive mufflers market during the forecast period.

Restraints

Constraints concerning cost, backpressure and shape & size of automotive mufflers – larger mufflers are quite expensive —- may hamper growth of the global automotive mufflers market. Furthermore, designing for sufficient insertion loss at engine firing frequency and the first few harmonics, in turn, may hamper the growth of global automotive mufflers market during the forecast period.

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Automotive Muffler Market: Segmentation:

The Global automotive mufflers market is segmented on the basis of product type, material type, sales channel and vehicle type. On the basis of product type, the global automotive mufflers market is segmented into absorptive and reactive mufflers. Based on material type, the global automotive mufflers market is segmented into stainless steel, carbon fiber, aluminum and titanium mufflers. On the basis of sales channel, the global automotive mufflers market is segmented into original equipment manufacturer (OEM) and aftermarket. On the basis of vehicle type, the global automotive mufflers market is segmented into two-wheelers, passenger cars, light commercial vehicles and heavy commercial vehicles.

Automotive Muffler Market: Key Participants:

Some of the key participants in the global automotive mufflers market are:

  • Faurecia
  • AP Exhaust Products
  • ONYX AUTO INDIA
  • Munjal Auto Industries Limited
  • Mark Exhaust
  • Eminox
  • HYAUTOMOTIVE CORP.
  • The Dinex Group

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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Vehicle-To-Grid Market Size, Analysis, Top Players, Target Audience and Forecast to 2026

Vehicle-to-grid is a technology, which enables electric vehicles to be charged by connecting to the grid installed in different bases. The stored charge or power in the electric vehicles can be used for driving the car as well as it can be utilized for running the electric systems at offices and houses during power failure. The power stored within the electric vehicles through grid are capable of lighting the houses and offices. The power generated from various sources is distributed through the grid installed at houses or parking lots. The basic requirements for vehicle to grid are power connection, communication system and a metering system. The vehicle to grid systems helps in managing the loads generated and equally distributing it. However, the vehicle to grid being a new technology in the market, it is still in the pilot phase and it has not been fully commercialized. The adoption of this technology is limited to some of the developed regions such as the North America, Japan and Europe market. The global market for vehicle to grid will have a slow growth over the forecast period registering a single digit CAGR.Request a free sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-1690

Global Vehicle-To-Grid Market: Drivers & Restraints

The global vehicle to grid market is primarily driven by the demand for environmental friendly power sources for vehicles and household purposes. The penetration of electric vehicles is attributed to the growth of vehicle to grid market. With the high power storage capacity batteries of electric vehicles the electric vehicles acts as a power storage facility which can be used in case of any electric power failure. Moreover, the vehicle-to-grid technology eliminates the traditional non-renewable source of energy such as petroleum and thermal power thus reducing the emissions. The electric vehicle owners can sell the electricity to utilities during a power failure. However, there are some challenges attributed to the vehicle to grid technology, which might restrain the global market for vehicle to grid. For instance, the vehicle to grid requires the coordination of electric vehicles at the utility center to use as a single storage device, which makes it hard to unplug any vehicle when needed during the course of charging.

Global Vehicle-To-Grid Market: Regional Outlook

Based on the geographic regions, global automotive seating systems marketing market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Among the aforementioned regions, North America market for the vehicle-to-grid market over the forecast period. The vehicle to grid technology is widely adapted in the region as the penetration of EV’s and PEV’s in the region are high as per the data released by the United States Energy Department. The Western European market and the Japan market for the vehicle to grid is followed by the North America market where the initial implementation of the technology has shown effective results. According to the OECD (Organization of Economic Co-operation and Development), the increasing penetration of EV’s and PEV’s in China will provide opportunities for the vehicle to grid models in the region.

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Some of the major players identified in the global vehicle to grid market includes, AC Propulsion, IncEdison International., DENSO CORPORATION.,   Boulder Electric Vehicle, and Nissan  among others.

The research report presents a comprehensive assessment of the 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 categories such as market segments, geographies, types, technology and applications.

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)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • 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.

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Global Vehicle-To-Grid Market: Market Segmentation

Based on vehicle type, the global vehicle to grid market can be segmented into:

  • EV’s (Electric Vehicles)
  • PEV’s (Plug in Electric Vehicles)

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

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:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
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 https://www.futuremarketinsights.com/

Vapour Barrier Market to Grow at 4% CAGR Through 2029

Sales of vapour barriers are projected to witness steady rise in the following years, prominently propelled by sustained consumption by the building & construction industry. As suggested by a new Future Market Insights (FMI) report, global vapour barrier market will exhibit a CAGR of around 4% during the forecast period of 2019-2029.

Water condensation can damage the sturdiest of constructions, which is why vapour barriers hold significant importance, as they offer complete insulation from vapour and moisture to building structures. Use of vapour barriers also allows for optimum efficiency of a space conditioning system, thereby fueling their demand across the construction industry.

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Heavy usage of vapour barriers in commercial and residential buildings to prevent moisture damage to infrastructure is anticipated to be the primary growth driver. However, increasing utilization of vapour barriers in the packaging industry to prevent moisture damage and interstitial condensation in packed goods opens new growth avenues for industry players.

Key Takeaways – Vapour Barrier Market Study

  • Over the period of projection, building infrastructure, whether private/public or commercial/residential, will be based on green building concepts to strike a fine balance of environmental sustainability and modern amenities. As a result, the demand for vapour barriers is projected to significantly spur over the forecast period.
  • Polymer materials segment to retain its spot as a prominently preferred material followed by asphalt & bitumen, whereas drywall board lumber and gypsum board projected to observe growth at a swift pace in the market.
  • Membrane type vapour barriers are expected to register a dominating share due to their easy installation. However, the popularity of the coating segment is increasing across the globe in recent years due to its enhanced moisture resistance.
  • To meet stringent manufacturing rules and regulations, manufacturers are trying to increase the use of materials with high recyclability and decent biodegradability index. Also, due to new norms for VOC emissions, many manufacturers are looking to revamp their manufacturing process in order to minimize these emissions.

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How is Vapour Barrier Market Structure Defined?

The market of vapour barrier is highly competitive due to decent presence of tier 1 players in the market. Though tier 1 market players have a considerable hold on market share, numerous small-scale and regional players exist in the market. Manufactures like The Dow Chemical Company and Saint Gobain, along with other organised and leading manufactures hold more than half of the market pie.

More About What the Report Covers

Future Market Insights (FMI), published a thorough research analysis in its report for global vapour barrier market, offering information regarding historical developments from 2014-2018 and forecast projections and opportunity assessments on the basis of analysis for future scope and ongoing tends in the global market. The research study offers opportunity roadmap and market projections across the globe based on various categories such as material (glass, sheet metal, polymer, asphalt & bitumen, gypsum board, drywall/board lumber, plywood, concrete/brick), type (membranes, coatings, cementitious water proofing, and stacking & filling), site (external, internal), application (corrosion resistance, insulation, air insulation, sound insulation, thermal insulation, water proofing, material packaging & stacking, microbial & fungal resistance), end use (construction, packaging, automotive), and region (North America, Latin America, Europe, MEA, South Asia, East Asia, and Oceania).

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