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Tipper Body Equipment Market Tipper Body Equipment Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

APEJ accounted for more than 20% of the global tipper body equipment market in 2016 and is expected to account for close to 30% by the end of 2026. In comparison to 2016, the region is expected to gain more than 150 BPS by the end of 2026. The APEJ region is expected to lead the global tipper body equipment market in terms of CAGR during the assessment period, expanding at a healthy CAGR of 4.8 percent.

By the end of 2026, the region’s market value is expected to exceed US$ 1,000 million. Between 2016 and 2026, China is expected to account for more than one-fourth of the value share in the APEJ tipper body equipment market.

In addition, cost-intensive capital and high maintenance will also remain the long-term restraints for market growth. However, high initial costs of purchasing tipper body equipment are subsequently boosting the establishment of tipper rental businesses and compelling those that are already established to become more organised to cater to a growing trend of the rental tipper body equipment.

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Global Tipper Body Equipment Market: Regional Insights

A regional analysis of the global tipper body equipment market by Future Market Insights indicates that Asia Pacific (excluding Japan), North America, Latin America, and Europe will be the key markets throughout the next decade.
APEJ, driven by China and India, is projected to dominate with more than 28% value share at the end of the assessed period with a gain of 180 BPS.
North America will remain the second-largest regional market that is expected to bag over 23% share in 2026.

Global Tipper Body Equipment Market: Key Vendor Insights

Among some of the key companies operating in the global tipper body equipment market landscape, Schmitz Cargobull AG and Hyva Global B.V. are likely to continue representing leading revenue shares over the forecast period.
Other notable players include Crysteel Manufacturing Inc., Thompsons (UK) Ltd., BION INDUSTRIAL LLC, and F.X. MILLER.
While the majority of key players are strategising new product launches, collaborations, and joint ventures, others are focusing more on production capacity expansion and acquisitions.

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Global Tipper Body Equipment Market: Overall Dynamics

With increasing urbanisation and thriving construction and mining sectors, demand for tipper body equipment is expected to remain stable in the coming years. Consistent demand from the waste management industry will also drive the market for tipper body equipment. Furthermore, technological innovation in tipper body products, such as redesigning the driver’s cabin in tipping equipment and vehicles to provide the most convenient operating experience possible, is expected to boost sales in the near future.

Manufacturers’ increasing use of advanced telematics systems is expected to remain a key market driver over the next decade. During the assessment, another key factor identified as potentially driving market growth is the rapid adoption of automation.

Another remarkable trend driving the market includes the development of cost-competitive products to maximise penetration in emerging economies, such as China, India, and South Africa. Development of effective tipper body equipment with enhanced load-carrying capacity and provision of the efficient buyer and drivers’ training by manufacturing entities are likely to present lucrative growth opportunities. While product development with advanced diagnosis systems can be a key to sustaining relatively mature markets, such as North America and Western Europe; massive potential lies in developing countries, including BRIC nations.

Global Tipper Body Equipment Market Segmentation

To understand and assess opportunities in the global tipper body equipment market, we have divided the report into six sections based on market segmentation as under:

By Tipping Type

Roll-off Tipper Body
3-Way Tipper Body
Rear Tipper Body

By Load Carrying Capacity

Below 15 tons
15–30 tons
30 tons & above

By Mechanism

Hydraulic
Pneumatic

By Frame Material

Steel
Aluminium

By End Use

Mining
Construction
Waste Management
Marine Services
Others

By Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Middle East and Africa (MEA)
Japan

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Bulk Terminals Market | Current and Future Demand, Analysis, Growth and Forecast By 2030

Despite recent declines in global seaborne trade due to the COVID-19 pandemic, global minor bulk trade has expanded significantly. Future Market Insights (FMI) analysts estimate that global minor bulk traded has increased to 1.74 billion tonnes. Bulk terminals play an important role in industrial infrastructure by ensuring the safe and efficient movement of critical resources.

Steel and forest products make up 43% of minor bulk trade, according to the FMI report. In addition, metals and minerals make up about 37% of minor bulk trade, with agricultural products coming in second at 20%.

Operators and owners must boost the productivity and adaptability of their expensive bulk assets if they want to compete in markets with fierce competition and steady demand for raw materials. Advanced supply chains prioritise manufacturing method automation and long-term digital ecosystem penetration. The agricultural yield is concentrated primarily in nations like the United States, Argentina, Brazil, China, and India, which account for more than 34% of grain export and import as minor bulk commodities.

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Bulk Terminals Market Size Study

Sales of bulk terminals to remain stable over forecast period, 2020-2030
Dry bulk continues to generate greater total returns to shareholders (TRS)
Nearly 190 terminals were under expansion worldwide in June 2019, with additional 49 under construction
Markets in Europe and North America to generate relevant value through 2030

“Majority of global trades are performed through coastal routes, as such, proper functioning of maritime transport is quintessential in overall progress of countries participating in global trade. Port operation accents for heavy investments in manpower and equipment. Consequently, various countries are embracing Public-Private Partnership (PPP), wherein operations and management duties are outsourced to private firms, while respective governments own certain land and assets,” says analyst at FMI.

COVID-19 Impact on Bulk Terminals Market

Due to strict lockdown measures, the COVID-19 pandemic is causing massive supply chain disruptions in the bulk terminals market, particularly in Asian supplier regions. Such stringent measures have resulted in a labour shortage – truck drivers and labourers – at port terminals.

Furthermore, the market is suffering from a lack of transportation facilities such as. According to studies, the number of trucks and containers dropped by about half due to a decrease in the number of trailers and a lack of drivers. This has slowed transshipment operations at terminals even more.

Because of growing concerns about worker safety, several end-use industrial operators have temporarily halted manufacturing processes, reducing demand for bulk terminals. Upgrading automation capabilities will be critical for staying afloat during the COVID-19 crisis.

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Bulk Terminals Market – Competitive Intelligence

Leading players in global bulk terminals market are focused on inorganic growth strategies such as mergers and acquisitions (M&A) as well as contracts in order to boost theor market presence. Case in point,

Ultramar Group has entered into transshipment collaboration with Acron Group to transship over 1.2 million tons per year (tpy) of mineral fertilizers.
Noatum Maritime has taken over multi-purpose bulk terminal business from Noatum Ports.
Teck Resources and Westshore Terminals have entered into an agreement for new throughput contract for export of metallurgical coal beginning in April 2021. The contract will witness 5-7 million mt of metallurgical coal exported from April through December 2021.

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A new market research report published by Future Market Insights (FMI) on the global bulk terminals market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the bulk terminals market through two different segments – bulk type, and region. The bulk terminals market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of barcode printers and product adoption across several end-use industries.

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Barcode Printers Market Is Anticipated To Nearly Double By 2032, According To Future Market Insights

Over the forecast period of 2016 to 2026, the global Barcode Printers market is expected to grow at a CAGR of 7.4% in terms of sales, owing to factors affecting its end-use. Barcode printers are special printers that are used to produce barcodes and product labels. Barcode printers are distinct from typical printers in that they employ different consumables to create a barcode print image. These printers are built in such a way that they can produce clear, machine-readable barcode prints at quicker printing speeds and for a lower cost.

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A Barcode printer is defined as an electronic device designed specifically for the printing of barcodes. The working principle and build of a barcode printer are slightly different from computer printers as it uses ribbons and labels working in tandem to get a barcode printed. Barcode printers usually don’t have programmable logic controllers, but rely on an external computer system.

Growth in the manufacturing sector is reviving after the 2008 economic crisis. Automation and streamlining of manufacturing processes are being adopted by a large number of manufacturing companies worldwide to reduce time and material wastage, thereby improving efficiency and output. Barcoding is one such technique that is increasingly being adopted. This process has reduced production time considerably in the manufacturing process, thereby driving demand for barcode printers.

Barcodes have become the de facto standard for product information storing and labeling. Retailers worldwide use barcodes for the hassle-free recording of supplies and commodities and their sales to customers. Barcodes imprinted on labels are stuck to the products and they record information about the product count, date of manufacture, date supplied to the retailer, selling price, etc.

When these products are scanned, the information is retrieved and monitored. This entire process, which is achieved within a matter of seconds, not only increases efficiency but also minimizes errors. This has helped retailers record their products and inventory on shop floors and warehouses.

However, the threat of RFID tags as substitutes to barcode labels and the low compatibility of barcode printers with different operating systems act as restraints in the global barcode printer market.

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Segmentation highlights

The market is categorically divided into six segments based on printer type, printing technology, consumables, application, distribution channel, and region. The printer type segment of the barcode printers market includes Desktop Barcode Printer, Industrial Barcode Printer, Mobile Barcode printers and Others.

On the basis of printing technology, the market has been divided into Thermal Transfer, Direct Thermal, Dot Matrix, Laser and Ink Jet. On the basis of distribution channels, the market is segmented as Direct-to-End User, Direct-to-OEM, Dealer/Distributor, and Systems Integrator. On the basis of application, the market has been divided into industrial/manufacturing, transportation/logistics, retail, healthcare, government, and commercial services.

The Industrial Barcode Printer segment holds the highest market share of 46.1% closely followed by the Desktop Barcode Printer in the Barcode Printers Market. The Industrial Barcode Printer segment is also expected to dominate in the forecast period with a CAGR of 8.3% due to a preference of sturdy and rugged barcode printers with higher productivity.
Thermal Transfer segment holds the highest market share amongst all with 62.8% and is expected to improve further in the forecast period owing to very less cost involved, while Dot Matrix, Laser, and Ink Jet printing technologies are least preferred technologies and are on the verge of being phased out.
Dealer/Distributor is the most preferred supply channel and is expected to dominate in the future due to higher distribution efficiency, low supply costs and faster delivery times.

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Regional projections

North America and Western Europe are the most promising regions for the market’s growth owing to higher preference of barcoding technology in different applications, while the market in the Latin America region is on a slow and stagnant growth due to low adoption of barcoding technology. The growth of the Barcode Printers market in APEJ region may also grow at a slower pace due to saturation and slow down of the manufacturing sector in China.

The Industrial Barcode Printer Segment Holds the Highest Market Share in the Global Barcode Printers Market

Desktop Barcode Printer, Industrial Barcode Printer, Mobile Barcode Printer, and Others are the several types of barcode printers available. In the Barcode Printers Market, the Industrial Barcode Printer category has the biggest market share of 46.1 percent, followed by Desktop Barcode Printer.

Due to a desire for strong and tough barcode printers with higher productivity, the Industrial Barcode Printer segment is predicted to dominate in the forecast period with a CAGR of 8.3%.

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Power Tools Market Research, Segmentation, Key Players Analysis and Forecast to 2032

The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis the global power tools market is expected to be reach US$ 33.36 Bn in 2021.

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The demand is expected to soar as construction activities surge around the world. According to FMI, construction applications will account for maximum sales in the market through the forecast period. Besides this, the rising trend of do-it-yourself activities will fuel sales opportunities for the market.

The COVID-19 pandemic has severely affected the global economy. Resulting in manufacturing plants shutdowns, coupled with supply chain disruptions owing to nationwide lockdowns across the globe, subsequently resulting in the plunge in the power tools market growth. However, the market is expected to recover sharply as the economic activities resume post the containment of pandemic. Manufacturers are focusing on scaling up their production capabilities with improved production rate creating positive prospected for the power tools market growth.

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Key Takeaways of Global Power tool Market Study

Power tools market will exhibit growth of 0.2% in 2021 over 2020 to reach 4,3%
Overall outlook remains positive as FMI forecasts the market to rise at ~5.1% between 2021 and 2031.
U.S. is expected to spearhead growth in North America, accounting for over 62% of overall share in the region in 2021
U.K. is expected to exhibit 4.6% year-on-year growth between 2021 and 2031
Outlook for Italy and France is expected to remain positive over the forecast period

Global Power tool Market Competitive Landscape

The global power tools market is highly competitive market owing to presence large number of global and regional players operating in the market. Manufacturers are focusing on research and development for innovative improvements in their product portfolio, expansion in untapped markets coupled with developing their business via e-commerce platforms to gain competitive edge. Some of the leading manufacturers of power tool market are Robert Bosch GmbH, Stanley Black & Decker Inc., Makita Corporation, Techtronic Industries Company Limited, Koki Holding, Co., Ingersoll Rand Inc., Apex Tools, Hilti Corporation, Snap-on Incorporated, among others.

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Adoption of Benelux Power Tools Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2032

The adoption of Benelux power tools market is expected to spur over the estimation period by garnering a CAGR of 4.5% between 2022 and 2032. The total market size reached US$ 1,051.6 Mn in 2021 and is likely to touch a valuation of US$ 1,091.4 Mn in 2022. The overall market is expected to surpass a valuation of US$ 1,694.9 Mn by 2032. In addition to that, the rising adoption of power tools all over the industrial and residential sectors is expected to surge the market growth exponentially. The adoption of the Benelux power tools market forms around 3-6% of its parent market which is the global power tools market.

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Based on historical analysis from 2017 to 2021, the Benelux power tools were widely adopted and witnessed a moderate growth rate of 4.1% CAGR. The global Benelux power tools market was estimated to foresee a Y-O-Y growth of 5.3% in 2022. The adoption of the Benelux power tools market is projected to grow by 1.3X by 2032 as compared to 2022.

The rapid adoption of Benelux power tools is rapidly surging in the well-urbanized market such as Benelux which is anticipated to create impressive opportunities in the household power tools segment over the forecast period. The household power tools segment is expected to hold a significant market share and is anticipated to grow at a CAGR of 3.5% across the forecast period.

Key Takeaways

Power tools consist of a large array of applications in automotive manufacturing and assembly. In the Benelux region, the adoption of automobile production has significantly increased over recent years. Owing to the increasing urbanization and enhanced economic conditions in the region have led to this growth.
In order to capitalize on the dynamic customer preferences for Do-It-Yourself (DIY) ethics, manufacturers are primarily focused on offering home users compact, portable and economical tool solutions owing to its growth in the market.
As electric tools are expected to be the most optimum handheld devices, their sales are expected to rise significantly over the years. The adoption of Benelux power tools has proven to be very effective when the operations are expected to be carried out on a manual basis with manpower adjustments to meet the desired aesthetics of the end product. In addition to that, significant growth in the industrial sector is responsible for the increased adoption of Benelux power tools.
The Benelux power tools are able to work 24*7 without any interruptions. These tools are designed to provide services all day throughout the year with minimalistic chances of shutdown for maintenance. As power tools can offer greater speed of production than hand tools, they excel in manufacturing ability and are able to efficiently meet manufacturing requirements.
The end users who are searching to gain a prominent enhancement on the basis of the rate of production could provide a substantial customer base for the power tools market during the projected course of time. The ability of these power tools to complete a long and meticulous cycle of operations is impressive which makes it a viable option over hand tools.

Competitive Landscape

The prominent manufacturers in the Benelux power tool market are experiencing phenomenal growth owing to the increased demand for cordless power tools. Leading manufacturers are focusing on the advancement of power tools that require minimal maintenance and can offer versatile operations at lower prices. In addition to that, market participants are inclined toward providing tailored products to customers as per their needs with better reliability and durability in order to gain a competitive advantage in the adoption of the Benelux power tools market.

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More Insights into the Adoption of Benelux Power Tools Market

For power tools, Luxembourg is emerging as a key market across Benelux over the assessment period, owing to the surging expansion of industries such as steel manufacturing and automotive. As per FMI predictions, power tools demand in Luxembourg to grow at a CAGR of 6.0% during the forecast period (2022-2032).

The Netherlands is yet another country accounting for more than 55% of the adoption of the Benelux power tools market in 2022 and is expected to hold its dominance across the forecast period as well.

According to estimations, the industrial sector has a massive contribution of around 17% in 2020 to the GDP of the Netherlands which showcased an exponential increase in demand for power tools in the Netherlands industrial sector.

Key Segments Covered in Adoption of Benelux Power Tools Market Analysis

By Mode of Operation:

Electric
Pneumatic
Others

By End Use:

Industrial
Household

By Country:

Belgium
Netherlands
Luxembourg

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Variable Frequency Drive (VFD) Market 2022 Expectations & Growth Trends Highlighted Until 2031

In recent years, the variable frequency drives (VFD) market has seen significant growth, owing to increased opportunities for infrastructure development in emerging regions, which has boosted demand for heating and ventilation systems. VFD development is currently shifting toward offering industry-specific solutions with the goal of lowering costs and reducing operational downtime, prompting a slew of manufacturer innovations.

Variable frequency drives, particularly in critical environments and the industrial internet of things, are becoming more common in Industry 4.0. (IIot). As factories embrace automation, variable speed drives with embedded logic as onboard programmable logic controllers are becoming more common.

One of the IIoT advantages of using VFDs is improved remote access. Technicians can remotely monitor project and equipment conditions, and workers receive alerts faster, allowing them to correct anomalies on time. It is also possible to perform predictive maintenance and real-time monitoring.

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The global automotive industry has made prolific advances in the recent past. Emerging as a multibillion-dollar industry, the autonomous market is characterized by the emergence of a plethora of start-up investments. Consequently, the adoption of high-end HVAC systems and pumps has registered an impressive uptick. According to FMI’s projections, the aforementioned segments collectively accounted for nearly US$ 10 Bn as of 2019.

Prolific growth opportunities exist in the Chinese market, owing to an ever mushrooming automotive industry. Future Market Insights estimates the economic giant to produce 4.5 million variable frequency drives by 2021-end, as production cycles revert to normalcy in the aftermath of the coronavirus crisis. Hence, manufacturers are introducing a slew of technological innovations to tap this ever-expanding opportunity, thus generating powerful revenue ecosystems across the forecast period.

As a result of these advancements, leading manufacturers are increasing R&D to produce smart VFDs. For example, Applied Machine & Motion Control (AMMC) sells the Yaskawa Microdrive collections J1000 and V1000. Such developments are expected.

Key Takeaways of Variable Frequency Drives Market Study:

AC drives adoption surging in popularity by drive type; set to acquire 260 BPS by 2031-end U.S. and Germany to emerge as highly lucrative markets, owing to growing EV sales Growing concerns over excessive power consumption compelling automotive manufacturers to invest in low-voltage VFDs Regenerative applications to find growing applications, reaching nearly US$ 15 Bn by 2021-end Pumps and HVAC systems to collectively expand at a value CAGR worth 13% from 2021-2031

“Rapidly expanding infrastructure for capital projects are attracting frequent capital investments, attributed to the increasing scale of urbanization. Hence, automotive sales are rising, leading to widening revenue pools for VFD manufacturers,” says the FMI analyst.

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Competitive Landscape

The variable frequency drives market is a highly competitive market, with a sizeable presence of both global as well as domestic players. However, key players account for nearly half of the market share. It is characterized by large supplier base and strong B2B networks.

The market has robust partnerships throughout the value chain. Suppliers of variable frequency drives adopt acquisition and regional expansion strategies to establish a foothold. Brand consciousness and aggressive marketing make it challenging for new entrants in the variable frequency drives market.

Variable frequency drives Market : Segmentation

Drive Type

AC Drive
DC Drive

Voltage Range

Low Voltage
High Voltage

Application Type

Standard
Regenerative

End-use Application

Pumps
Fan
Compressor
Conveyor
HVAC
Others

End-use Industry

Oil & Gas
Food processing
Automotive
Mining & Metals
Pulp & Paper
Others

Region

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

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Telecom Tower Power System Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2031

The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031.

According to Future Market Insights, increased demand for telecom tower power systems has resulted from the expansion of telecom infrastructure facilities to cover rural and other remote areas. Rapid technological advancements in manufacturing are also expected to supplement market growth in the near future.

Despite the COVID-19 pandemic’s recessionary effect in 2020, the telecommunications industry has remained unaffected in terms of essential service sector. With the ongoing demand for high energy efficient solutions, the growth of telecom tower power systems is expected to continue on an upward trend for the foreseeable future.

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Demand for telecom tower power systems is increasing with the rise in the volume of telecom tower networks in recent years. This can be attributed to an increase in investments and expansion of new telecom infrastructure projects in developing nations.

The growing demand for mass production has increased the importance of process automation. The market is shifting toward Industry 4.0 standards, resulting in the promotion and widespread adoption of new manufacturing technologies.

The growing number of players focusing on telecom tower power system research and development is expected to contribute to market growth in the coming years.

Key Takeaways from Telecom Tower Power System Market Study

Outdoor telecom tower power systems are projected to hold over 54% of the global market share in 2021, supported by the availability of superior configurations.
The diesel generator + battery segment is set to hold over 41% of the market share as a power source by 2031-end, supported by investments into renewable energy systems.
The U.S. will remain a primary market, backed by rising demand from the energy sector. It is expected to account for over 86% of the demand registered in North America in 2021.
The markets in India and China are set to surge at CAGR of approximately 8% and 7% over the coming decade.
Russia is emerging as a key market in Europe, with a valuation of over US$ 154.5 Mn in 2021, driven by presence of massive telecom infrastructure network.

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“The telecom tower power system market is growing at a strong pace driven largely by increasing demand for energy efficient power systems. Increasing investments in the telecommunication industry for the expansion of telecom infrastructure projects will create extensive opportunities for telecom tower power system manufacturers. Industry participants are investing in expansions, strategic alliances, and energy efficient solutions to gain a competitive advantage,” says a Future Market Insights analyst.

Who is Winning?

The telecom tower power system market is moderately consolidated, with key players accounting for more than 55% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks in order to maintain their market presence.

Some of the key players in this industry include but are not limited to Delta Electronics Inc., Cummins Inc., Huawei Technologies Co., Ltd, Eaton Corporation PLC, Vertiv Group Corporation, STMicroelectronics NV, ZTE Corporation, and ABB Ltd.

Telecom Tower Power System Market by Category

By Product Type:

Outdoor Telecom Power System
Indoor Telecom Power System

By Power Source:

Diesel Generator
Diesel Generator + Battery
Renewable Energy
- Solar
- Wind Turbine
- Biomass

By Region:

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

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Rotomoulding Powder Market: Research by Key players, Type and Application, Future Growth to 2027

Rotomoulding, also called as rotational moulding is a process used to manufacture plastic moulds without application of pressure as compared to other moulding processes. It is cost effective method and the end products are used to manufacture hollow articles. The major difference between rotomoulding and other method is that plastic or resin powders are used to form the moulds.

The rotomoulding powder melts in the mould, which is rotated in biaxial direction. Polyethylene rotomoulding powder accounts for major share in terms of consumption in the global rotomoulding powder market. They are available in different grades, each varying in melt flow and density.

Low density polyethylene (LDPE) based rotomoulding powders are used in flexible packaging, moulding, extrusion coating applications. High density polyethylene (HDPE) based rotomoulding powders are used in heavy industrial packaging, telecom ducting, woven sacks, blow moulding etc.

The applications of linear low density polyethylene (LLDPE) include insulated containers, automotive components, tanks etc. DuPont, a leading U.S. industrial chemicals manufacture’s product portfolio includes high performance resins with trade name Hytrel. Among the different grades, Hytrel 4056P is used in rotomoulding and are available in powdered form.

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Rotomoulding Powder Market: Drivers and Restraints

In rotomoulding no pressure is applied and the moulds used are less expensive, hence this method is cost effective method, which is a major driver for the growth of global rotomoulding powder market. The availability of wide variety of rotomoulding powders depending on the requirements of end-use application is expected to boost the consumption of rotomoulding powders.

The diverse applications of rotomoulding in industrial packaging, flexible packaging, telecom ducting, blow moulding etc. is anticipated to increase the demand for rotomoulding powders.

The availability of rotomoulding powders with advanced features such as UV resistant and flame retardant properties is anticipated to boost the growth of global rotomoulding powders market. The rise in demand for plastic storage tanks is expected to contribute to the growth of rotomoulding powders market.

Rotomoulding Powder Market: Region Wise Outlook

The global rotomoulding powder market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Western Europe accounts for major share in global rotomoulding powder market. This is attributed to the strong presence of manufacturing industries in the region.

The adoption of rotomoulding technique in manufacturing automotive components and industrial packaging products is expected to drive the growth of rotomoulding powders market in this region. North America contributes a significant share in rotomoulding market, due to increasing demand for plastic based products such as medical equipment and automotive fuel tanks.

APEJ is expected to account for major share in global rotomoulding powder market over the forecast period. The increasing demand for water storage and water treatment tanks in emerging economies is anticipated to contribute to the growth of rotomoulding market in the region.

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Rotomoulding Powder Market: Key Players

Some of the key players in the global rotomoulding powder market are as follows:

Broadway Colours
Green Age Industries
PACIFIC POLY PLAST
DuPont
Matrix Polymers
Reliance Industries Limited
A. Schulman, Inc.
PHYCHEM TECHNOLOGIES PVT. LTD.

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 market segments such as geography, technology and applications.

Rotomoulding Powder Market: Segmentation

On the basis of material,the global rotomoulding powder market can be segmented as follows:-

Polyethylene
Low Density Polyethylene (LDPE)
Linear Low Density Polyethylene (LLDPE)
Medium Density Polyethylene (MDPE)
High Density Polyethylene (HDPE)
PVC Plastisols
Polycarbonate Nylon Polypropylene

On the basis of application,the global rotomoulding powder market can be segmented as follows:-

Consumer Products
Storage Tanks
Automotive Components
Industrial Packaging

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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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Lithium Hydroxide Market: Development Trends, Competitive Analysis and Key Manufacturers by 2026

Lithium Hydroxide (LiOH) is widely used as an industrial lubricant, and in battery manufacturing. The compound is mainly consumed for production of lithium greases such as lithium stearate, which is very popular lubricating grease and offers high thermal resistance.

In battery industry, it is incorporated as a heat transfer medium and for the purpose of storage battery electrolyte. Due to indispensable usage of lithium hydroxide in these industries, and difficulty in manufacturing and sourcing, the products commands significantly high prices and is sold at prices between US$ 6000 – US$ 8000 per ton. The lack of supply and booming demand is expected to continue push prices towards higher end.

Moreover, many new capacity additions from prominent suppliers is also anticipated over the forecast period. The global demand for lithium hydroxide is expected to expand with a decent CAGR over the forecast period.

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Global Lithium Hydroxide Market: Drivers and Restraints

Rapid economic development across prominent Asian Countries is driving more demand for multi-purpose grease, hence in turn fuelling more revenues in the global lithium hydroxide market. Rising industrializations is another prominent factor evoking demand for power tools, which requires NCA cathode, made from lithium hydroxide.

Moreover, the rise of electric vehicles is undoubtedly fuelling big numbers to the consumption of lithium hydroxide, and is anticipated to continuously drive more demand for lithium hydroxide. Rapidly growing automotive industry coupled with the advent of electric vehicles can be considered as the prime factor disrupting the price dynamics in the global lithium hydroxide market.

Moreover, rising solar PV installations across the globe and the need to store more and more power, is fuelling the battery storage market, simultaneously driving revenues to the lithium hydroxide stakeholders.

Global Lithium Hydroxide Market: Region Wise Outlook

The global Lithium Hydroxide market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The APEJ region is projected to be the largest market for lithium hydroxide consumption, followed by North America, Western Europe and Japan.

Rapidly growing power industry of Asia Pacific and increasing penetration of more and more manufacturing companies in the region, are the prime factor driving more demand for lithium hydroxide in the region. The setting up of Tesla Gigafactory in the US is another prime factor driving demand in the North American market.

The Latin America and MEA are at a nascent considering the demand for lithium hydroxide, however the regions are projected to pose significant growth rate over the forecast period. Japan on the other hand is anticipated to continue driving more demand for lithium hydroxide, amid rising solar industry in the region.

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Global Lithium Hydroxide Market: Key Players

SQM
FMC Corporation
Albemarle Lithium
Jiangxi Ganfeng Lithium
Shandong Ruifu Lithium
Leverton Lithium
Sichuan Brivo lithium Materials Co. ltd.
Jiangxi Dongpeng New Materials Co. ltd

Global Lithium Hydroxide Market: Segmentation

On the basis of application

Batteries
Lubricant Greases
Glass and Ceramics
Chemical Synthesis

On the basis of end use industry,

Energy Storage
Consumer Electronics
Transportation
Others

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2-Methylfuran Market is Expected to Grow at a Moderate CAGR during the Forecast Period by 2026

The global pharmaceuticals market is expected to increase at a CAGR of over 4-5% during forecast period. 2-Methylfuran is expected to gain traction in the near future as it is primarily used in pharmaceuticals industry. It is a light yellowish green volatile organic compound with an ethereal odor and is also known as sylvan.

2-Methylfuran changes its shading to black or yellow when exposed to sunlight. It is highly flammable and hence is stored in a ventilated, cool dry place far from heat & fire.

2-Methylfuran is widely used in manufacturing of drugs like atropine, sodium acetate, furadantine, anisodamine and thiamine furan. In pharmaceuticals industry, synthesis of vitamin B1 is done using 2-Methylfuran. It is less dense than water but its vapors are heavier when contrastedwith air.

2-Methylfuran also finds application as a tool for screening of lung cancer and production of anti-malarial drug like chloroquine. It is also used to produce methyl furfural, aliphatic compounds and sulfur and nitrogen heterocycles.

Moreover, 2-Methylfuran is also used for making pesticides, flavors or fragrances and has narcotic effect. Hence, the global 2-Methylfuran market is expected to grow at a moderate CAGR during the forecast period.

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Global 2-Methylfuran Market Dynamics

2-Methyl furan is soluble in alcohol and ether and has the potential to be used as an alternative fuel. This factor is expected to drive the demand for 2-Methylfuran in chemical industry.

The growing pharmaceutical industry is also anticipated to be the major driving factor for the growth of global 2-Methylfuran market. Moreover, increasing demand for pesticides coupled with growing agricultural sector is expected to set an opportunity for the growth of 2-Methyl furan market.

One of the major factor restricting the growth of the global 2-Methylfuran market is its high flammability and lower flash point. This makes the transportation of 2-Methylfuran difficult, which in turn is expected to restrain the growth of 2-methylfuran market in the near future.

Moreover, environmental regulation are imposed for limited usage of 2-Methylfuran because of its toxic effects and thus expected to challenge the overall growth of the market. Additionally, the key players are responding to the challenges and are expanding their global presence in order to sustain their share in the global 2-Methylfuran market.

Global 2-Methylfuran Market: Region wise Outlook

North America is expected to be the most dominant region in global 2-Methylfuran market. Asia Pacific is anticipated to be the most promising revenue generating region for 2-Methylfuran and is expected to grow at significant rate.

Due to availability of labor and low cost of raw material, China is projected to be one of the highest revenue generating country in Asia Pacific region in 2-Methylfuran market. Middle East & Africa and Latin America are also expected to show positive growth in the near future.

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Global 2-Methylfuran Market: Key Players

Some of the major key players identified in the global 2-Methylfuran market are as follows:

Capot Chemical Co. Ltd.
Angene Chemical
A&J Pharmtech Co. Ltd.
Sigma-Aldrich
Finetech Industry Ltd.
ChemExper Inc.
MP Biomedicals, LLC.
Amadis Chemical Co. Ltd.
AN PharmaTech Co. Ltd.
Tractus Company Ltd.
Haihang Industry Co. Ltd.

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 market segments such as geography, technology and applications.

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2-Methylfuran Market

The global 2-Methylfuran market can be segmented on the basis of applications and regions

On the basis of applications, the global 2-Methylfuran market is segmented into

pharmaceuticals
agricultural
chemical industry

On the basis of regions, the global 2-Methylfuran market can be segmented into

North America
Western Europe
Middle East and Africa
Latin America
Asia Pacific
Japan
Eastern Europe

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