Biological and Chemical Indicators Market to grow at CAGR of 7.2% through 2030 | FMI

[269 Pages] According to Future Market Insights (FMI) the worldwide yearly tracker, vendor revenue in global biological & chemical indicators market will grow 9.1% year over year to 396.8 Mn in 2020. Global shipments will rise 9.7% year over year to 830.7 Mn units in 2020.

Irrespective of the COVID-19 pandemic, demand for biological and chemical indicators has been surging tremendously as sterilization has always been at forefront of duties of healthcare facilities.

However, the role will be put to test in near future as epidemiological numbers continue to rise amidst the public health crisis. As such, FMI foresees healthy growth trail for global biological and chemical indicators market over forecast period 2020-2030.

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“After oral administration, parenteral dosage is the most prevalent way of providing drugs to patients. At present, about 95% of recently approved biopharmaceuticals are parenteral dosage form. This rise in commercialization and manufacturing of parenteral drugs will propel the adoption of biological and chemical indicators in biopharmaceuticals companies,” says analyst at FMI.

COVID-19 Impact on Biological & Chemical Indicators Market

The COVID-19 pandemic will trigger the demand for biological and chemical indicators for short-term to validate sterilization process in hospitals, ambulatory surgical centers (ASC), and clinics.

The pandemic has put pressure on frontline healthcare workers to follow strict cleaning and disinfection protocols as they are specifically at risk of contracting and spreading the infection. This has triggered the need for sterilization measures enacted during surgical procedures due to concerns of COVID-19 transmission among hospitalized patients.

The World Health Organization (WHO) has advised personal protective equipment (PPE) industry and governments to ramp up their manufacturing by 40% to cater to surging worldwide demand. This high pool of medical equipment with need for proper sterilization will bode well for biological & chemical indicators market in immediate future.

Biological & Chemical Indicators Market – Competitive Intelligence

The global biological & chemical indicators market is highly consolidated with top 5 players – 3M Company, Steris Plc., and Thermo Fisher – collectively accounting for around 4/5 of overall market revenue. In order to sustain competition due to increasing number of new and small companies, leading players are focusing on mergers and acquisitions (M&A). For instance,

  • Thermo Fisher Scientific Inc. has acquired QIAGEN N.V. – leading worldwide provider of sample preparation and molecular diagnostics technologies. This acquisition will enable the company to leverage its industry-leading capabilities and R&D expertise to speed up innovation and deal with emerging healthcare needs.
  • McKesson Medical-Surgical Inc. has entered into an agreement with Walgreens Boots Alliance to combine their respective pharmaceutical wholesale businesses in Germany.
  • Cantel Medical has taken over Hu-Friedy, which manufactures dental instruments and reprocessing equipment.

Want to Know More About Biological & Chemical Indicators Market?

Future Market Insights, in its new study, provides compelling insights about the biological & chemical indicators market that encloses industry analysis for 2015 – 2019 and opportunity assessment for 2020 – 2030. The report offers unbiased assessment on biological & chemical indicators market through five different categories – sterilization type, indicator class, packaging form, end user, and region. The global biological & chemical indicators market research study delivers insights of pricing by different life cycle analysis, product life cycle, major market trends and technologies that are being utilized in the development of biological & chemical indicators and product adoption in various end users.

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Biological & Chemical Indicators Market Segmentation Sterilization Type

  • Thermal Sterilization
    • Steam Heat
    • Dry Heat
  • Chemical Sterilization
    • Ethylene Oxide
    • Hydrogen Peroxide
    • Formaldehyde
  • Radiation Sterilization

Indicator Class

  • Biological Indicators
    • Bacillus atrophaeus (BA) Spores
    • Geobacillus stearothermophilus (GS) Spores
    • Others
  • Chemical Indicators
    • Class 1 (Process)
    • Class 4 (Multi-Variable)
    • Class 2 (Specific-Use)
    • Class 3 (Single-Variable)
    • Class 5 (Integrating)
    • Class 6 (Cycle Verification)
  • Enzyme Indicators

Packaging Form

  • Self-Contained BI
  • Spore Suspension BI
  • Strip and Disc BI
  • Strip and Disc CI
  • Others

End User

  • Biopharma Industry
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Labs
  • Research Labs

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Regional Outlook

  • North America (US, and Canada)
  • Latin America (Brazil, and Mexico)
  • Europe (Germany, UK, Russia, France, and Italy)
  • South Asia (India, Indonesia, Thailand, Australia and New Zealand)
  • East Asia (China, Japan, and South Korea)
  • Oceania (Australia and New Zealand)
  • Middle East & Africa (MEA) (Turkey, GCC Countries, and South Africa)

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Fluorite Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2030

Fluorite Market Overview

Fluorite is also known as fluorspar, and it is readily available naturally in all the colour spectrums. Being the mineral form of calcium fluorite, it also is a halide mineral and is visible not only in daylight but also in ultraviolet light.

Pure fluorite that is naturally found is colourless and various colours that it possess are usually because of impurities in the mineral. Fluorite is immensely popular for its cubic design and its various colours such as blue, yellow, purple, and green, and it is famous as a fluorescent mineral.

Fluorite is usually drilled to manufacture jewelleries, however, due to the softness of its nature, it is rarely used as a semiprecious stone. Yet, fluorite is high in demand across various industrial areas such as building & construction, metallurgy, chemicals, and glass industries.

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Increasing Applications in the Glass and Steel Industries will Boost Sales Potential of Fluorite

The global fluorite market is predominantly driven by the growing demand for fluorite, being a precursor to almost all fluorite compounds, as an important raw material in the production of hydrofluoric acid.

As hydrofluoric acid is one the most commonly used commercial chemicals, the demand for fluorite is expected to remain significantly high. Apart from this, leading players in the global fluorite market are also capitalizing on the increasing applications of the mineral across a wide range of industries.

Fluorite is witnessing high demand in the manufacture of glass and ceramics, as it facilitates in surface treatments to produce opalescent and glossy surfaces. With a mounting number of manufacturers using fluorite to make attractive and durable consumer products that are made with glass, the consumption of fluorite is expected to increase in the coming years.

Furthermore, metallurgical-grade fluorite is also witnessing high demand in the manufacturing of steel, iron, aluminum, and other metals. Thereby, leading players in the global fluorite market are expected to expand their customer base into metal producers to boost the sales of metallurgical-grade fluorite.

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Environment Protection Concerns to Give Rise to Alternatives for Fluorite in Industrial Applications

While the industrial activities around the world are gaining momentum, production innovation is also becoming an indispensable part of the process in nearly all industrial applications.

However, typically in most developed countries, sustainability is becoming an important aspect for both industrialists as well as customers, which is encouraging all stakeholders to highlight the importance of reducing the carbon footprint of their business activities. This is likely to have a paramount impact on the demand and sales of fluorite in the coming years.

The awareness about the potential environmental hazards of using fluorite in triggering end users in various industries to shift to more sustainable alternatives to fluorite. End users are aiming to replace chemicals manufacturing using fluorite with hydrocarbon-based refrigerants in most common industrial applications.

Dolomitic limestone or olivine are among the most popular substitutes for fluorite used in the steel and iron industry. This way, increasing end-user awareness about the environmental hazards of fluorite may lead to the loss of market share for leading players in the global fluorite market in the coming years.

Fluorite Market: Region-wise Analysis

Based on the geographical factors, the fluorite market is broadly divided into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. With a significant stronghold of global leaders’ presence in Asia Pacific, the APAC market for fluorite is expected to witness incremental growth in the coming years.

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The flourishing growth of the chemicals industry in the Asia Pacific region is mainly attributed to the natural resources and availability of commercially significant minerals including fluorite.

Growing demand for steel and aluminum in emerging Asian economies is one of the leading factors contributing to the growth of the fluorite market in the region, Furthermore, the construction industry accounts for a substantial share in the burgeoning consumption of fluorite in China and India.

China, being one of the largest producers of fluorspar, accounts for a huge share in the export of fluorite, and this is expected to drive a rise in downstream activities in the Chinese market for fluorite.

While the Asia Pacific region holds a strong position in the global market for fluorite, North America and Europe are also expected to create new growth opportunities for fluorite market players in the coming years. Global players are increasingly focused on expanding their hold over natural mines and resources of minerals in order to meet the increasing demand for commercial materials such as fluorite across the region.

Fluorite Market: Competitive Landscape

  • Zhejiang Yongtai Technology
  • Mexichem
  • Centralfluor Industries Group and Zhejiang Wuyi Shenlong Flotation Co Ltd.
  • Yaroslavsk Mining Company(RUSAL)
  • Pars Gilsonite Reshad
  • Seaforth Mineral & Ore Co. Ltd.
  • Sinochem Lantian Co., Ltd
  • SepFluor
  • China Kings Resources Group Co., Ltd.
  • Inner Mongolia Xiang Zhen Mining Group Ltd.
  •  Do-Fluoride Chemicals Co., Ltd.

In September 2019, Do-Fluoride Chemicals Co., Ltd. (Hereinafter called “DFD”) – a global business involved in research, production, and sales of the high-performance fluoride products – announced that it has planned to purchase nearly 70% stakes of Luoyang Lanbao Fluoride Industry Co.,Ltd. – a leading fluorite mining and beneficiation enterprise in China.

The company announced that the deal was finalised at nearly US$ 11 million (RMB 77 million), and that it is aiming at gaining more access to raw materials to facilitate its own business operations.

Luoyang Lanbao owns 6 mines and 3 fluorite concentrators and in Luoyang, Chongqing and other areas, which account for nearly 3 million tonnes of fluorite, which can lead to producing over 60 thousand tonnes of flotation fluorite powders per year.

In April 2020, Ares Strategic Mining Inc. (formerly Lithium Energy Products Inc.) – a Canada-based natural resource mining company engaged in the business of acquiring and exploring lithium properties – announced that it has entered a definitive agreement to acquire the Liard Fluorspar Project – one of the most important fluorite prospects in British Columbia – to expand its geographical footprint. With this acquisition, the company also aims to reduce the impact of global uncertainties vis-a-vis the availability of fluorite by diversifying its portfolio as well as the countries where the company operates.

Region-wise Analysis

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Fluorite Market: Segment Analysis

The fluorite market can be segmented on the basis of the following:

By Type

  • Stratiform Replacement Deposits
  • Hydrothermal Veins & Stockworks
  • Others

By Grade

  • Metallurgical Grade Fluorite
  • Ceramic Grade Fluorite
  • Acid Grade Fluorite

By End-use Industry

  • Building Material
  • Chemical
  • Metallurgical
  • Others

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Acetaminophen API Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Acetaminophen API Market Overview

Acetaminophen API (paracetamol), or Tylenol, is used as in the first-line drug therapy in pain conditions. The API when combined with drug shows antipyretic & analgesics effect. Acetaminophen is found in over the counter (OTC) sensitivity drugs, cold meds, sleep medication, pain relievers and so on.

The medication can be administered in patients who are bigoted to salicylates and those with hypersensitive propensities, including bronchial asthmatics. It comes under the NSAIDs (nonsteroidal anti-inflammatory drugs) category because of its capacity to repress the cyclooxygenase (COX) pathways.

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The Indian government has confined the export of 27 active pharmaceutical ingredients (APIs) and completed portion drugs made with those APIs because of Covid-19. Johnson and Johnson’s (New Brunswick, NJ, US) Tylenol (acetaminophen/paracetamol) is among the medications whose supply chain will be influenced.

The request will influence worldwide pharmaceutical supply chains. India is a crucial area of pharmaceutical manufacturing for the drugs market in different countries. The nation houses drug manufacturing units possessed by contract fabricating associations (CMOs) and others claimed by local and global biopharma organizations for in-house manufacturing

Acetaminophen API Market: Drivers and Restraints

The easy availability of this drug is boosting the growth of the Acetaminophen API market.  Meanwhile increasing usage of drugs for pain-relieving effects is propelling the growth of the Acetaminophen API market. Moreover, rising incidences of accidents, surgeries are further boosting the Acetaminophen API market.

Moreover, people addiction to using these drugs for rapid pain relief also fuelling the growth of the Acetaminophen API market. Additionally, environmental conditions, lifestyle changes & dietary habits modifications are responsible for a variety of disorders which increases the consumption of these drugs.

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However, the excessive dosage can cause toxicity which can lead to serious complications such as liver diseases, fertility issues, carcinogenesis & mutagenesis which can hamper the growth of the Acetaminophen API market.

Acetaminophen API Market: Overview

The usage of acetaminophen grade is higher due to its wide utilisation in the drug development process. While it is widely used in the pharmaceutical industry as a pain killer which offers a lucrative opportunity for the growth of the Acetaminophen API market in the forecasted period. Aside from this, the acetaminophen drug is combined with various drug and available in various forms, but it is mostly available in the form of extended-release tablets for showing analgesics effects. But heavy usage of this drug can cause serious adverse effects & can build toxicity which leads to other diseases.

Acetaminophen API Market: Regional Wise Outlook

Geographically, the Acetaminophen API market is divided into seven regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, China, Japan & the Middle East and Africa.  Asia-Pacific is expected to dominate the global acetaminophen API market followed by North- America & Europe.

Asia-Pacific is dominating the global acetaminophen API market due to higher population rate which led to increased accidental cases, surgeries & various disorders, thus the demand for the drugs is increasing in this region which is boosting the Acetaminophen API regional market. While the increasing healthcare conditions & awareness amongst the people is further fuelling the Acetaminophen API market.

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Rapid development & Advancements along with the changing environmental conditions is going to offer a lucrative opportunity for the growth of acetaminophen API market in North America during the forecasted period.

Acetaminophen API Market: Key Market Participants

The key participants operating in the global acetaminophen API market identified across the value chain are

  • BOC Sciences
  • Tianjin Bofa Acetaminophen
  • Mallinckrodt plc
  •  Kemcolour International
  • Changshu Huagang Acetaminophen
  • Haohua Industry
  • Kangle Acetaminophen
  • Angene International Limited
  • Anhui BBCA Acetaminophen
  • Granules India
  • Hebei Jiheng Acetaminophen
  • Glosel India Impex Pvt Ltd. from India
  •  Flare S.A. from Switzerland
  • Silverline chemicals ltd from India
  • Emkay Pharma Pvt Ltd from India
  • Atabay K.S.V.T. from Turkey
  • Anqiu Lu’An from China
  • United Pharma Industries Co Ltd from China
  • Farmson from India
  • Liaoyuan City Baikang from China

The players working in the worldwide acetaminophen API market are concentrating on the drug discovery i.e. by combining the API with various other extracts for the development of new therapeutic medication which would be helpful in prevention & cure of various disorders. Currently, the company are focusing at the collaborations, mergers & acquisitions with other companies.

The report covers exhaust analysis on

Acetaminophen API Market Segments

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

Acetaminophen API Market Segmentation

The global Acetaminophen API market has been segmented based on product form, type, application, end-user and geography.

Type

  • Veterinary Drug Grade
  • Acetaminophen Grade

End-user

  • Pharmaceuticals Industry
  • Research labs
  • Educational institutes
  • Others

Product Form

  • Tablets (film-coated, extended-release)
  • Oral Solution
  • Suppository
  • Injection
  • Others
  • Indications
  • Antipyretic
  • Analgesics
  • Others

About Us

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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Self-cleaning Bottle Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2030

Increasing Prevalence for Safety to Unlock Lucrative Opportunities for Self-cleaning Bottle Market

Self-cleaning bottles are integrated with UV technology which enables in deactivating the bacteria, viruses and pathogens in the water, thereby preventing the user from causing any waterborne diseases. These self-cleaning bottles are also equipped with auto-clean function, which purifies the drinking water in a few minutes.

For instance, one can activate the UV purification light by pressing the button on the top of the bottle. This will allow the bottle to self-clean in an effort to keep the water free of bacteria.

Therefore, with the growing exposure of hazardous bacteria and viruses is encouraging the adoption of self-cleaning bottle in order to improve the purity of the water.

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Moreover, the younger demographics are engaging in several recreational activities such as trekking, cycling or backpacking who face challenges in keeping the bottle clean.

Therefore, with the introduction of self-cleaning bottle, adventure-seeking individuals can ensure safe and healthy water at their fingertip.

Furthermore, these self-cleaning bottles don’t have any filters which set them apart from regular filtered bottles. This, in turn, is expected to drive the growth of the market during the forecast duration.

However, the high cost associated with the self-cleaning bottle and the availability of substitute bottles equipped with filters might hinder the growth of the market. On the other hand, the outbreak of COVID-19 has prevailed the people to take safety measures for their health.

This, in turn, is expected to create substantial opportunities for the manufacturers owing to safety related characteristics of the self-cleaning bottle during the forecast period.

Regional Analysis: Developed Countries to Lead the Global Self-cleaning Bottle Market

Collectively, North America and Europe will account for major portion of the market in self-cleaning bottle market. With the launch of advanced and innovative products by the manufactures and high purchasing power in these countries is expected to contribute to the growth of the market.

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Moreover, as per the Environmental Protection Agency, the UV lights integrated into the bottle acts as an effective method for disinfecting water. Such factors are encouraging the users to opt for technology-driven products, thereby creating substantial opportunity for the players in self-cleaning bottle market.

On the other hand, the self-cleaning bottle market in Asian countries will grow at a significant rate owing to the growing number of fitness buffs, athletes, and hikers which are adopting to portable water purification bottles.

This, in turn, is foreseen to drive the growth of self-cleaning bottles among all kinds of people, all ages, and income groups in the region during the forecast period.

COVID-19 Impact on the Global Self-cleaning Bottle Market

The outbreak of COVID-19 is poised to slow down the growth of self-cleaning bottle market in the near term due to unprecedented impact in the economy amid complete nationwide lockdown.

Further, it has adversely impacted the retail and consumer goods industry owing to the disruption in supply chain, thereby affecting the demand and supply of bottles.

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In addition, the several outdoor activities such as gyms, leisure travelling, backpacking, among others are been prohibited by the government in several countries which is impacting the sales of the self-cleaning bottles.

However, the demand is expected to escalate in near terms as manufacturers are utilizing digital technologies and engaging customers through online sales platform amid the outbreak of COVID-19.

Therefore, the penetration of e-commerce has shifted the consumer on these platforms which, in turn, will strengthen the demand for self-cleaning bottle market during the forecast period.

Global Self-cleaning Bottle Market Competitive Landscape

The key players in the self-cleaning bottle market are –

  • The Crazy Cap
  • Larq
  • Mahaton
  • QUARTZ
  • Shenzhen NiceUV Optics Co., Ltd.
  • Luma Bottle
  • Noerden
  • BackerClub (N-Hug), among others.

Prominent manufacturers are striving on product enhancement and introducing new products in order to broaden their customer base and gain competitive edge over other players. For instance, in 2019, Noerden introduced its LIZ smart bottle which has a built-in UV sterilization and also equipped with temperature indicator.

The research report presents a comprehensive assessment of the Self-cleaning Bottle Market and contains deep insights, facts, historical 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 Self-cleaning Bottle Market segments such as by capacity, sales channel, charging type & region.

Self-cleaning Bottle Market: Market Segmentation

For a better understanding, global self-cleaning bottle market is being studied under capacity, sales channel, charging type & region.

Based on the Capacity

  • Less than 500 ml
  • 500-750 ml
  • Above 750 ml

Based on the Sales Channel

  • Online Retailers
  • Supermarkets/Hypermarkets
  • Independent Stores
  • Other channels

Based on the Charging Type

  • Potable Charging
  • Wireless Charging

About Us

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.

Contact:

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Encapsulated Salt Market Key Players, End User, Demand and Consumption by 2029

Encapsulated Salt Market Outlook

Sodium Chloride with multiple minuscule layers of vegetable oils is known as encapsulated salt. Encapsulated salt is extremely functional and temperature motivated. Encapsulated salt is used for sodium contraction. Encapsulated Salt is used to reshape the physical performance and use as a flavoring agent.

When the encapsulated shell is melted by physical stress or by heat then only encapsulated salt allows interaction. Encapsulated salt is used widely in the food industry such as confectionery, baking goods, etc. Encapsulated salt is mainly used for adding different and unique flavors in food items.

The increasing demand for food application across the globe will be helpful to increase the growth rate of encapsulated salt. Increasing demand for encapsulated salt and a growing number of manufacturers all over the world are the reasons for increasing the competitive level in the encapsulated salt market.

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To save the position in encapsulated salt market manufacturers are producing unique & innovative products in the encapsulated salt market with attractive offerings.

Beneficial in different Food Application Which Is Growing Demand For Encapsulated Salt

Encapsulated salt is widely used in meat. Encapsulated salt is the primary ingredient while cooking meat. Encapsulated salt is used for improvements of flavors in the meat.  Encapsulated salt is used to manage the moisture level in meat.

The moisture level is extremely important in meat as it enhances the flavors, tenderness, and juiciness of the meat. The moisture level is also important for the betterment of palatability and quality of the food product. Encapsulated salt is used for protein protection in meat.

Health-conscious consumers include meat in their diet for the source of protein. The number of health-conscious consumers is increasing rapidly which will help to increase the demand for encapsulated salt.

Encapsulated salt is used widely in confectionery and baking goods. Encapsulated salt is used for surface sanding in confectionery and baking foods. Encapsulated salt is used for yeast protection in baked foods. Salt is a common ingredient in baking goods, encapsulated salt can prevent the yeast activity, encapsulated salt allows usage of salt without any negative effect on yeast.

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Encapsulated salt is used in frozen foods for frozen point depression. Consumption of frozen food and ready to eat food is increasing rapidly due to convenience and it saves time. Students and Employees live away from their home for education and employment, so they are busy in study and work.

They don’t have time for cooking so they prefer frozen food and ready to eat food which is convenient for them and it is healthy and nutritious. Encapsulated salt is used in animal feed. Encapsulated salt is used widely in the chemical industry.

Encapsulated Salt Market: Regional Analysis

Asia-Pacific is anticipated to be leading in the encapsulated salt market in the forecasting period specifically in China, rapidly growing India and South Asia Regions. North America and Europe are mature regions across the globe in the encapsulated salt market.

North America and Europe are expected to be dominant regions in the encapsulated salt market in the forecasted period due to the key manufacturers and suppliers are present in those regions. Encapsulated Salt market is expected to be growing rapidly in the Middle East, Africa, Latin America due to the improving economic conditions and increasing food and chemical industry in these regions.

Encapsulated salt is widely used in baked foods, meats, confectionery, and frozen foods as a flavoring agent and to maintain the moisturizing level. The consumption of food applications is growing rapidly across the globe which will increase the demand for encapsulated salt.

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Encapsulated Salt Market: Key Participants

  • Cheetham Salt
  • AkzoNobel
  • Cargill
  • Compass Minerals International
  • Swiss Salt Works
  • Südwestdeutsche Salzwerke
  • American Codak
  • Vision processing technologies Inc.
  • Accurate ingredients
  • K+S Aktiengesellschaft
  • Basf corp.
  • Maxx performance Inc.
  • Balchem encapsulate
  • Ecochem
  • Danisco
  • Hansen

The research report presents a comprehensive assessment of the encapsulated salt 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 product type, application, and end use.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South 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.

Encapsulated Salt Market Segmentation

On the basis of type, the follow on encapsulated salt market is segmented into:

  • Solar Salt
  • Rock Salt
  • Vacuum Salt

On the basis of end use, the follow on encapsulated salt market is segmented into:

  • Food Industry
  • Baked Goods
  • Confectionery
  • Frozen Food
  • Meats
  • Water Treatment Industry
  • Animal Feed Additive
  • Chemical Industry

About Us

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.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Cathodic Protection Market Is Projected To Reach A Valuation Of US$ 7.3 Bn By The End Of 2028| FMI

According to a recent study by Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 5.6% CAGR through 2028. In addition, the Market is projected to reach a valuation of US$ 7.3 Bn by the end of 2028.

According to the National Association of Corrosion Engineers (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study; the global cost of corrosion was over US$ 2,500 Bn in 2013. However, by using the currently available corrosion control practices, only around 15% to 35% of the total cost of corrosion can be saved, which is between US$ 375 Bn – and US$ 875 Bn.

The increasing global cost of corrosion has resulted in a significant rise in the need for technologies related to its prevention, which in turn is creating demand for solutions such as cathodic protection. Additionally, the essentiality of corrosion protection and control in industrial sectors, for the prevention of any catastrophic events, is a key factor underpinning the growth of the cathodic protection market.

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Cathodic protection is a globally used technique to control the corrosion of a metal surface in a harsh environment. Owing to the efficient and reliable corrosion protection technology, the Cathodic protection market is estimated to grow at a significant rate during the forecast period, supported by the increasing demand for corrosion prevention technologies to minimize the direct cost of corrosion.

Cathodic Protection Market: Segmentation Analysis

Cathodic Protection Market Analysis by Solution

By solution, the cathodic protection market has been categorized into products and services. The products segment can be further divided into anodes, power supplies, junction boxes, test stations, remote monitors, coatings, instrumentation, and others.

Services include inspection, design & construction, and maintenance. Leading players in the market provide almost all the products and services for cathodic protection to various end users.

Cathodic Protection Market Analysis by Type

By type, the cathodic protection market is segmented into galvanic (sacrificial anodes) and impressed current. The impressed current-based cathodic protection continues to hold bulk shares of the market, nearly 80%.

Demand for cathodic protection based on impressed current continues to remain influenced by the high cost of alternative methods available for cathodic protection currently.

Cathodic Protection Market Analysis by Application

By application, the cathodic protection market has been categorized into pipelines, storage facilities, processing plants, water & wastewater, transportation, building, and others.

Government regulations related to the corrosion protection of industrial infrastructures continues to influence growth of the cathodic protection market.

The more regulations are imposed, the more cathodic protection is required, and more accurate and detailed the testing and records need to be. This is expected to significantly boost growth of the cathodic protection market in the near future.

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Cathodic Protection Market Analysis by Region

From a regional perspective, the North American market is projected to be a prominent market, owing to significant pipeline integration in the oil & gas industry. Europe is projected to hold over one-fourth share of the cathodic protection market.

The market in the Asia Pacific is anticipated to expand at a relatively higher CAGR, owing to the increasing investments in infrastructure development, and increased spending on the maintenance of existing infrastructure. China is expected to be the most lucrative market for cathodic protection, with sales projected to grow at a CAGR of over 7% through 2028.

Cathodic Protection Market: Vendor Insights

Key players operating in the cathodic protection market include Aegion Corporation, BAC Corrosion Control Ltd., Cathodic Protection Company, Cathodic Protection Management, Inc., Corrosion Protection Specialist Private Limited, Farwest Corrosion Control Company, Imenco AS, Matcor, Inc, MG Duff International Ltd, Perma-Pipe Inc., SAE Inc., Southern Cathodic Protection, Tecnoseal Group, The Nippon Corrosion Engineering Co., Ltd., and Nakabohtec Corrosion Protecting Co., Ltd.

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

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Compost Turning Machine Market in 2022 | Current and Future Industry Scope 2028: FMI

Over 3,200 compost turning machines were sold globally in 2018, with a moderate increase expected in 2019 and beyond. The compost turning machine market is expected to gain traction in the near future, owing to the growing importance of waste management and soil quality management concerns.

A new research report of Future Market Insights (FMI) tracks global compost turning machine market performance over 2022-2028 and analyzes the demand patterns of compost turning machines on the basis of various attributes such as product type, output capacity, end-use industries, and region.

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Drum-type compost turner machine is likely to maintain a dominating market value share through 2028, as indicated by the report. However, elevating face type compost turner machine that currently accounts for more than a third of the total market value, is projected to gain significant traction in the years to come. The report has attributed this growth to manufacturers’ focus on developing new technologies for compost turning machines as per the demand from different countries.

Increasing Concern about Food Waste Management & Recycling Pushing Demand 

Increasing frequency of environmental changes is compelling consumers to move towards food waste recycling machines. Moreover, there has been an increasing level of awareness about food wastage among consumers, which is highlighting the importance of food waste recycling machines. This is one of the primary boosters for the revenue growth of compost turning machine market. According to research, the household sector accounts for over half of the food wasted, particularly in developed countries. Such factors are more likely to elevate the demand for compost turning machines throughout the forecast period.

Agriculture Industry Will Remain Significant End-use Segment in Compost Turning Machine Market

The agricultural end use of compost turning machine is expected to be a highly influential segment in compost turning machine market, according to the report. FMI has attributed the maximum market value share of agricultural industry in compost turning machine market to the growing demand for compost for the maintenance of organic carbon content of soil, eventually improving the uptake of nutrients by soil. Also, these machines reduce the use of fuel consuming land preparation processes owing to improvement in soil health, further advocating the adoption of compost turning machines.

Developed Regional Markets for Compost Turning Machine to Hold Noteworthy Revenue Shares

Agriculture industry in North America and Western Europe is heavily mechanized and commercialized. While agriculture is a major industry in both Canada and the US, the former has been one of the largest agricultural exporters and producers around the world. Moreover, highly developed agricultural practices in North America will provide endless opportunities to compost turner machine manufacturers during the forecast period.

Compost turning machine market in fast progressing Asian countries such as India and China is also registering significant growth owing to stringent government regulations that are likely to promote the use of this equipment in food manufacturing plants.

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Key Segments of Compost Turning Machine Industry Survey

Compost Turning Machine Market by Product Type:

  • Drum Compost Turning Machines
  • Elevating Face Compost Turning Machines

Compost Turning Machine Market by Output Capacity:

  • Below 500 Cubic Mtrs/h
  • Between 500-1,000 Cubic Mtrs/h
  • More than 1,000 Cubic Mtrs/h

Compost Turning Machine Market by End Use:

  • Compost Turning Machines for Construction Industry
  • Compost Turning Machines for Agriculture Industry
  • Compost Turning Machines for Manufacturing Industry

Global Compost Turning Machine Market: Competitive Landscape

Some of the players profiled in the global compost turning machine market report include Terex Corporation, Vermeer Corporation, Eaggersman AG, Scarab International, Midwest Bio-Systems, Inc., Brown Bear Corporation, EarthSaver Equipment Inc., Komptech Group, Frontier Industrial Corporation, Alliance Fertilizer Machinery, HCL Machine Works, and Blue Group among others. Manufacturers are likely to maintain the focus on product technology innovations for sustained market value shares in the compost turning machine landscape.

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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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Solar Shading Systems Market Is Expected To Reach US$ 3,931.3 Mn by 2027-end | FMI

Global solar shading system market is projected to record a steady 3% CAGR through 2027. The solar shading system market was valued at US$ 3,672.6 Mn in 2017 and is expected to reach US$ 3,931.3 Mn by 2027–end. Solar shading systems have gained immense traction in recent years, as they enable energy storage and use, while elimination permeation of heat radiations into the residential and commercial space. Adjustable heat reflecting louvers are an integral part of solar shading systems, which seek significant adoption to protect buildings against overheating.

Solar shading systems deliver strong architectural features and solutions for intensive solar radiation and provide shading. Roofing materials and roofing shingles have witnessed significant advancements in order to comply with latest solar shading technologies.

Solar shading systems continue to witness a significant surge in sales as innovative and efficient ways of shading spaces. Global warming prevails as a pervasive concern worldwide, which in turn has led consumers and commercial space owners toward installing solar shading systems.

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Key players operating in the solar shading systems market are including installation services in their product offerings, along with the provision of aftersales services apropos of maintenance & repair activities.

Leading players in the solar shading systems market are also focusing on the provision of automated systems in collaboration with integrated service providers. Lucrative application areas for the solar shading systems, that have been driving their adoption in recent years, include airports, railway stations, shopping malls, and tourist places.

Solar Shading Systems Market Sales Spike in Line with the Upward Trend of Urbanization

Permeation of the real estate industry into suburban areas, along with the resurgent growth in the construction and infrastructure development activities, allude imminent opportunities for the players in the solar shading systems market.

Other growth influencers of the solar shading systems market include the rise in smart city projects worldwide and promising prospects of the service industry. The growing carbon footprint of the industrial sector and the growing pressure of power demand on energy grids have been promoting commercial spaces to make investments in solar shading systems and relevant smart devices.

Solar Shading Systems Market – Construction of Smart Homes and Smart Architecture

The smart building’s concept has gained significant momentum as the new age city infrastructure. The growing popularity of smart homes is expected to complement the growth of the solar shading systems market, as they create the demand for various types of fabric as well as aluminum-based devices.

Commercial buildings based on the smart home concept involve the use of solar shading systems as an integral part of the infrastructure, which in turn will underpin the market growth in the near future. Rise in renovation activities by homeowners has indirectly driven the adoption of smart devices and equipment that tackle challenges related to solar radiation.

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Solar Shading Systems Market- Spending on Home Aesthetics to Sustain Sales

Improving economic conditions worldwide, coupled with growing GHDI of consumers in recent years, has meant that spending on appealing luxury and comfort has increased manifold. This aspect is no exception to home interiors, with recent studies alluding a marked rise in home aesthetics-associated activities. Leading players in the solar shading systems market are responding to the trend by introducing attractive designs that suit well with the evolving requirements of the consumers.

Key players operating in the solar shading systems market include WAREMA Nederland B.V., Glasscon GmbH, Thermosash , Alumet, Insolroll controller, Alliance Shadin, Roda Licht- und Lufttechnik Gmb, Comhan, InSync Solar, LINAK, Draper, Inc, Glazing GmbH, Solar Shading Systems, Inc., Construction Specialties, Coltinfo.co.uk, SWFcontract., Norsk Hydro ASA, and Duco Ventilation & Sun Control.

These companies are expected to provide a significant number of quality products, and highly influence the growth of the solar shading system market during the forecast period.

Solar Shading System Market: Key Segments

By application area:

  • Residential
  • Commercial
  • Industrial

By component type:

  • Aluminum-based
  • Fabric-based
  • Others

By technology:

  • Battery Powered
  • Manual
  • Smart Power Source

Key regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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About Future Market Insights (FMI)

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

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Demand for Industrial Noise Control Products in the United States

The global industrial noise control sales were valued at around the US $5,529.1 Mn at the end of 2021. The market is cast to register a 4.6% CAGR and a top valuation of US $7,550.0 Mn by 2028. With an ever-increasing demand for noise control solutions, manufacturers are focusing on using new materials for industrial noise control solutions.

The business industrial noise control market is forecasted to expand due to the growing demand for cost-effective and high-quality products for industrial noise reduction.

Growing awareness of harmful levels of industrial noise

  • Increasing emphasis on the protection of workers and employees from noise pollution
  • Stringent environment regulation related to industrial noise control
  • Incorporation of integrated noise control technologies in advanced industrial machinery

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The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in the design and development of industrial noise control units to align with the ongoing sustainability trend.

Polymer & Composites Remain Preferred Materials, Accounted for Over 4 in 10 Sales in 2021

The FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Over 4 in 10 industrial noise control units sold in 2018 were made of polymer & composites.

Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, new developments in composite materials provide biodegradability and recyclability, leading to higher sales.

Demand for industrial noise control products constantly increasing in the U.S.

Manufacturers of industrial noise control products in the U.S are focusing on developing noise reduction solutions for a wide range of industrial environments and manufacturing sites. Producers of industrial noise control products and systems in US focus on offering broad range of industrial noise control solutions to customers.

Different types of products like industrial fan silencers, industrial exhaust silencers, acoustic blankets and other products are offered for noise and vibration control in the industrial environment. U.S. Industrial Noise Control Market is expected to register 2.6% CAGR growth in the forecast period.

Vibration Isolation Units Highly Sought-After

The FMI study finds that over 8 in 10 industrial noise control units sold in 2021 were equipped with vibration isolation units. As vibrations can significantly impact the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units is highly sought after.

FMI thoroughly analyzed demand trends of different vibration isolation units such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2021 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.

The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, the FMI study finds that flexible noise control units accounted for the second-highest sales in 2018 and demand for rigid noise barriers is expected to grow by 4% in 2022.

Industrial Noise Control Utilization in Internal Application Prominent, Accounted for 7 in 10 Sales in 2021

The FMI study estimates that demand for industrial noise control units for internal noise control applications remained higher as compared to the application in external noise control. 7 in 10 industrial noise control units sold in 2021 were for internal application and the demand will continue to grow in the future.

Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and in some cases ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that the adoption of industrial noise control for external noise control applications will grow at 3.9% y-o-y in 2022.

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Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector

According to the FMI study, the manufacturing sector remains a prominent end-user of industrial noise control units. Different manufacturing industry verticals such as electrical & electronics, industrial machinery, automotive, metal and others significantly integrate industrial noise control measures.

Over 7 in 10 industrial noise control units were sold in the manufacturing sector in 2018, wherein industrial machinery vertical accounts for the highest sales. As keeping the noise within the OSHA levels in the different manufacturing sectors is pivotal in ensuring the health and wellness of employees.

Demand in East Asia Continues to Surge, Europe Represents Second Largest Market

As per FMI valuation, countries in East Asia including China, Japan and South Korea registered significant demand for industrial noise control units in 2021. In terms of sales volume, Europe followed East Asia and collectively, these regions accounted for over 6 in 10 unit sales.

China in East Asia remains the leading consumer of industrial noise control. A prominent manufacturing sector in the country contributes to the significant demand for industrial noise control. In Europe, Germany followed by France and the UK accounted for a considerable bulk of regional demand in 2021.

While the growth prospects seem steady for the industrial noise control market, the development of advanced industrial machinery integrated with noise-cancelling technologies and sound or vibration absorbers can impede market growth in the future.

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Micro Irrigation Systems Market: Micro irrigation systems market is expected to grow at an exponential rate of more than 13% CAGR through the end of 2031 

Vibration Control Systems Market:  Vibration control system manufacturers bringing in a flurry of products, Future Market Insights (FMI) expects outlook to be bullish during the period 2021-2031 

Industrial Vacuum Cleaners Market: The global industrial vacuum cleaners market is estimated at US$ 569.1 Mn by 2022 and is expected to reach US$ 771.2 Mn by 2028, at a CAGR of 5.2% from 2022 to 2028 

About Future Market Insights (FMI)

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

Contact:

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Rivet Gun Market Is Estimated To Reach US$ 799.9 Mn By The End Of Forecast Period 2028 : FMI

Over 6 million units of rivet guns were sold in 2018, equaling a market value of US$ 443 Mn. The latest FMI study on rivet gun market opines that rivet gun sales will grow at 5.1% in 2019. The projected growth of the rivet gun market can be attributed to,

  • Increasing popularity of power tools and design developments through technology innovations
  • Buoyancy in the construction industry led by smart city constructions and modern infrastructure developments
  • Optimistic outlook of the manufacturing sector on the back of improving economic scenario across world economies

The rivet gun marketplace remains moderately consolidated wherein leading companies share significant revenue share in the market. As demand for power tools increases, manufacturers are focusing on developing tools with high-power output, durability and higher user friendliness.

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The FMI study finds that amid demand for battery operated and pneumatic rivet guns, manual or hand operated rivet guns will continue to account for over half the rivet guns sales throughout the forecast period.

According to FMI’s pricing analysis, owing to the lower price of manual and hand operated rivet guns, the revenue share of these guns remains lower as compared to pneumatic and battery operated rivet guns. However, superior functional operations and demand for advanced tools across industries are likely to account for growing demand for pneumatic and battery operated rivet guns.

As per the FMI study, demand for pneumatic rivet gun will continue to increase in the future. In 2018, pneumatic rivet guns accounted for over half of global revenues. Functional efficiency and reduced time consumption can be attributed to rising sales of pneumatic rivet guns. The study opines that owing to easy handling of battery operated rivet guns, their popularity is increasing among end users.

Slow Hitting Type Accounted for 5 in 10 Sales in 2018

As per the FMI valuation, slow hitting rivet guns accounted for over half the sales in 2018 and the demand trend is expected to continue throughout the estimation period. Significant sales of slow hitting rivet guns can be attributed to the control in operation provided by the tool as compared to pop riveting or fast-hitting rivet gun.

Pop riveting rivet gun is the second most popular rivet guns followed by slow hitting rivet guns. In 2018, pop riveting rivet guns accounted for nearly 2 in 10 sales. Flexible use for different end-use application is increasing the sales of pop riveting machines in the rivet gun market.

Medium Duty Rivet Guns Top Selling Category

The FMI study finds that over half the rivet gun sales in 2018 were accounted for medium duty guns. These type of rivet guns are highly utilized across end-user industry often in combination with slow hitting and pneumatic functions.

The sales of medium duty rivet guns are expected to grow significantly in the coming years. Also, FMI shows that sales of heavy duty rivet guns will increase in the future owing to the growing need for efficient and durable rivets in marine vessels and air crafts.

Automotive and Transportation Industries Remain Prominent End User

The FMI study finds that the over 3 in 10 rivet guns were sold in automotive and transportation industries in 2018. Buoyancy in the automotive industry and significant developments in auto part design to achieve higher operational output can be attributed to higher sales of rivet guns in the industry.

Increasing numbers of railway projects and government support for transportation infrastructure development is also contributing to the growth of rivet gun sales in the automotive and transportation industries.

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Offline Distribution Accounted for over 6 in 10 Rivet Gun Sales in 2018

The FMI study estimates that sales of rivet guns through traditional distribution channel continue to garner end user traction owing to the reliability of purchase. Also, distributors have a stronghold in the offline sales channel, thereby contributing to higher sales of rivet guns through this channel.

The study also finds that sales of rivet guns through online distribution platform is increasing significantly. In 2019, the sales of rivet guns through online sales channel will grow at 4.8% y-o-y and the status-quo is likely to continue owing to growing popularity and reliability of the online sales platforms.

North America at the Helm, Western Europe Second Largest Market

FMI shows that demand for rivet guns remains higher in North America and Western Europe regions. Collectively, they accounted for over 4 in 10 rivet guns sales in 2018. Significant growth of the end-user industries in these regions continues to boost the revenues of the rivet gun market.

Demand for rivet guns in developing economies on the back of rapid urbanization, infrastructure development and improving economic scenario is expected to rise. The FMI study finds that India, China and countries in Southeast Asia & Pacific will witness a significant surge in demand and their sales in these countries will grow over 5% y-o-y in 2019.

About Future Market Insights (FMI)

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.

Contact:

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