Produced Water Treatment Systems Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2029 

the global produced water treatment systems market is expected to be worth approximately US$ 4.29 billion. With increased oil and gas activity around the world, the entire market is expected to develop at a 5.8 percent CAGR between 2022 and 2029, achieving a worth of US$ 6.38 billion by 2029.
FMI has segmented the competitive landscape of the global produced water treatment systems market into treatment systems, mobile systems and rental services, and commissioning and consulting services.

Primary treatment technologies employ basic, such as settling, media filtration, floatation, and biological aerated filtering to separate solids from water. According to FMI’s research, Alderley plc is one of the dominant players in primary treatment technologies.

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Secondary treatment technologies involve the use of induced gas floatation, degasser, and membrane separation. Twin Filter BV is a dominant company providing secondary treatment technology in the market.

The global produced water treatment systems market is estimated to be worth around US$ 4.29 Bn in 2022. With rising oil and gas activities across the world, the overall market is projected to grow at a CAGR of 5.8% between 2022 and 2029, surpassing a valuation of US$ 6.38 Bn by 2029.

Tertiary treatment technologies involve the use of absorption and polishing to separate oil content in produced water. These technologies use a combination of technologies to treat produced water. According to FMI, ProSep, Inc. is the dominant player in tertiary treatment technology.

FMI has analysed the produced water treatment systems market in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

In terms of market share, North America is expected to gain 590 BPS during the forecast period. FMI’s analysis revealed that although all three technologies are widely used in North America, tertiary technology was the largest in terms of market revenue, accounting for US$ 574 Mn in 2014. FMI expects the tertiary technology segment to expand at a double-digit CAGR during the forecast period.

Tertiary technology is more effective than both primary and secondary technology, owing to which it is being widely adopted by end-use industries. The tertiary technology segment of North America is expected to gain a whopping 1310 BPS during the forecast period.

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The onshore crude oil industry in North America represented 49.14 Bn barrels or nearly 80% of produced water in 2012. FMI expects this to reach 116.29 Bn barrels by the end of 2020.

The Asia Pacific is the second-largest market for produced water treatment systems after North America. The Asia Pacific produced water treatment systems market was worth US$ 960 Mn in 2014; FMI expects it to expand at a CAGR of over 2.8% during the forecast period 2014-2021.

FMI has segmented the produced water treatment systems market based on technology into primary, secondary, and tertiary.
Leading players in the treatment systems include Siemens Water Technologies, Alderley plc, Frames, Aker Solutions, Aquatech, Schlumberger, FMC Technologies, Veolia, Chetco, Eco-Tec, Thermoenergy, Ecosphere, MIOX, Ovivo, and Global Water Engineering.

Most of these companies are focusing on their USP to consolidate their position in the market. For example, Siemens is focusing on advanced biological wastewater treatment, whereas Aquatech is pushing low CAPEX and OPEX biological processes. Aker Solutions is aiming to appeal to end-use industries by providing end to end engineering solutions, whereas Veolia is known for its offshore produced water expertise.

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Conductivity Analyzers Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2032

The market report covers all information about the Conductivity Analyzer market across the globe    and its growth characteristics over the forecast period. This report provides a comprehensive description of the pros and cons of the global Conductivity Analyzer market through DROT and Porter’s Five Forces analysis. Through SWOT analysis, the report provides detailed insights on the different players operating within the Conductivity Analyzer market. In addition, report analysts have conducted qualitative and quantitative investigation of various micro- and macroeconomic factors affecting the global Conductivity Analyzer market.

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The major segments covered in the Global Conductivity Analyzer Market report by product type are:

  • 4-wire multi-channel
  • two wires
  • portable/portable

The Conductivity Analyzer market report examines the consumption patterns of each segment and the factors influencing the patterns. Additionally, the report focuses on the production footprint of each sector in different industries and regions around the world.

By end use, the global conductivity analyzer market consists of:

  • water and wastewater treatment
  • Restrictions
  • food and drink
  • Pulp and Paper
  • Development
  • research and academic

The Conductivity Analyzer market report helps readers to grasp the current scenario about the changing trends in the industry supply chain, manufacturing technologies and costs, and end-uses of the Conductivity Analyzer market across the globe.

The major players covered in the global Conductivity Analyzer market are:

  • Emerson Automation Solutions,
  • omega engineering
  • Endress+Hauser AG
  • fisher sport
  • GHM Messtechnik GmbH
  • Baumer Group
  • small business group
  • Thermo Fisher
  • DKK-TOA Corporation
  • Kuntze Instruments GmbH (Germany)
  • Electrochemical device ECD
  • Swan AG

Every player running in the global Conductivity Analyzer market is exhaustively elucidated in the Conductivity Analyzer market report based on proprietary technology, distribution channel, industry penetration, manufacturing process, and revenue. Additionally, the report examines the R&D developments, legal policies, and strategies that define the competitiveness of Conductivity Analyzer market players.

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The Conductivity Analyzer market analyzes the following important regions:

  • North America (USA, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, North Africa)

The Conductivity Analyzer market report answers the following questions:

  1. Why do consumers tend to have high segment consumption in the conductivity analyzer market?
  2. What are the opportunities offered to the players operating in the global Conductivity Analyzer market?
  3. Which trend will most influence the growth of the global conductivity analyzer market?
  4. Why is Region Driving the Global Conductivity Analyzer Market?
  5. What are the drivers and restraints impacting the market size of the global Conductivity Analyzer market?

What the report encloses for the reader:

  • Critical insights from each sector, including volume growth projections, demand and supply patterns.
  • A to Z – positives and negatives, current status, future developments – of each player in the global Conductivity Analyzer market.
  • Detailed information about trends influencing the growth of the Conductivity Analyzer market across the globe.
  • An in-depth evaluation of the utilization of conductivity analyzers in each end-use industry.
  • Historical data and future growth prospects for the global Conductivity Analyzer market.

Why Choose Future Market Insights?

  • Digital intelligence solutions that help customers stay on the forefront.
  • Published over 6,000 reports and accepted in over 150 countries worldwide.
  • Our team of 300+ analysts provides real-time information across a variety of industries and companies.
  • Custom business reports to overcome unique market challenges

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Sulphur Recovery Technology Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2031

Future Market Insights (FMI) delivers key insights on the sulphur recovery technology in its latest report titled, ‘Sulphur Recovery Technology Market: Global Industry Analysis and Opportunity Assessment, 2016-2026‘. Global sulphur recovery technology market is projected to register a healthy CAGR of 11.5% in terms of value during the forecast period (2016-2026).

On the basis of technology, sulphur recovery technology market has been segmented into Claus Process and Tail Gas treatment. The tail gas treatment technology is projected to grow at a significant CAGR of 11.7% in terms of value during the forecast period.

By source of recovery, sulphur recovery technology market has been segmented into oil, gas, and others (coal gasification). The gas segment is expected to register a CAGR of 11.0% in terms of value over the forecast period. Recovery of sulphur through gas is largest as compared with other sources. This due to the increasing demand for gas and increasing number of gas processing plants in Middle East and Central Asia.

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By capacity, sulphur recovery technology market has been segmented into <100 t/D, 101-200 t/D, 201-300 t/D, and >300 t/D. The <100 t/D segment has been estimated to account for 51.8% value share of the market in 2015. Most refineries opt for low capacity sulphur recovery units, as medium to high capacity sulphur recovery units are capital intensive and require sizeable amount of finances for its operation and maintenance.

Growth of the sulphur recovery technology market is mainly driven by increasing adoption of sulphur recovery technologies by the oil & gas industry and implementation of various stringent environmental regulations. Other trends driving growth include upgrade of existing sulphur recovery units and increasing number partnership between refineries and fertilizer producers. Capital intensiveness of project can act as a restraint to a certain extent for players to venture into big sulphur recovery projects.

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Middle East & Africa (MEA) has been estimated to dominate the global sulphur recovery technology market, with over 50% market share in 2015 and is anticipated to remain dominant by 2026 end, followed by Europe. Among all the regions, Americas market is anticipated to register the highest CAGR over 2016-2026, followed by Asia Pacific (APAC). This is mainly attributed to increasing demand from oil & gas industry in Americas and APAC.

Key players in the sulphur recovery technology market include Chiyoda Corporation, Jacobs Engineering Group Inc., Amec Foster Wheeler, Technip SA, Linde AG, WorleyParsons Ltd., Fluor Corporation, KT – Kinetics Technology SpA, GTC Technology US, LLC, PROSERNAT, and Black & Veatch Holding Company.

These companies are executing number of projects that also includes sulphur recovery technology. For example, on 23 February 2016, the Jacobs Engineering Group completed its Chuandongbei Project, an onshore gas project, in southwest China. The project involved use of Jacobs’ Comprimo Sulfur Solutions technology.

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Dewatering Pumps Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2028

The global dewatering pumps market is a fairly concentrated market, with the organised sector accounting for approximately 49 percent of the global market, followed by Tier 2 and small scale manufacturers. The manufacturers’ primary goal has been to increase their market footprint by expanding their product portfolio and strengthening their sales and distribution network.

Leading market players are shifting their production bases to Asia Pacific in order to capitalise on economies of scale. The global market is, as is customary, trending toward consolidation. Several mergers have occurred recently; the same trend is expected to continue in the coming years, with profitability remaining the primary driving force behind these acquisitions.

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

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

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

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

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

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

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Market Taxonomy

By Equipment

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

By Capacity

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

By Region

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

By Application

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

By Technology

  • Positive Displacement Type
  • Centrifugal Type

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Woodworking CNC Tools Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2028

As per an FMI study, in terms of volume, the router bits segment is projected to account for more than 40% share throughout the forecast period (2022-2028), and the global woodworking CNC tools market value is expected to cross US$ 2.6 Bn by the end of 2028.

In terms of wood type, medium-density fiberboard (MDF) is anticipated to account for 1/3rd of the total woodworking CNC tools sales through 2028. FMI estimates that the Asia Pacific will hold the dominant share in the market, accounting for 47.3% of the total revenue share in 2022.

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Key Takeaways of Woodworking CNC Tools Market Study

  • The 1/2″ type router bits segment is projected to exhibit a healthy annual growth rate, owing to the high preference for DIY as well as industrial applications. Furthermore, the cutters segment also holds noteworthy share in the global woodworking CNC tools market, on back of vast usage in profiling, cutting, and slotting, among others.
  • By wood type, MDF (medium-density fiberboard) is projected to hold 1/3 share in the global market, as it is used in furniture, cabinetry, and flooring making. Furthermore, in music equipment, MDF is utilized to make speaker boxes due to its consistency, smooth finish, machinability, and strength.
  • Milling, drilling, profiling, and cutting are major applications of woodworking CNC tools. Cutting and milling are projected to be the most lucrative segments in the global market.
  • Asia Pacific is projected to progress at a significant CAGR in the global woodworking CNC tools market, owing to rising demand from various end-use industries.

Market Landscape: Highly Fragmented

The global woodworking CNC tools market is highly fragmented, owing to the presence of numerous international and local players. Furthermore, leading players are expected to hold less than 15% share, while the remaining is accounted for by local players. Moreover, China and Mexico are two countries that are anticipated to change the landscape of the global woodworking CNC tools market over the coming years. During the course of research, players such as Robert Bosch GmbH, Rockler Companies, Inc., and Vortex Tool Company Inc., among others, were identified to be the leading players in the woodworking CNC tools market across the value chain.

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Future Market Insights has published a market research report on the global woodworking CNC tools market that contains global industry analysis of 2013–2021 and opportunity assessment for 2022–20289. The report provides insightful analysis of the woodworking CNC tools market through four different segments – tool type, wood type, operation, and region. The woodworking CNC tools report also includes macroeconomic factors, forecast factors, and key success factors. Furthermore, the team has also incorporated a list of global suppliers and distributors, as well as a list of online product sellers.

Woodworking CNC Tools Market by Category

By Tool Type:

  • Router Bits
    • 1/2″
    • 1/4″
    • 3/8″
    • 3/4″
    • 5/8″
    • 5/16″
  • Insert Knives
    • Less than 0.3″
    • 0.3-0.4″
    • 0.4-0.5″
    • 0.5-0.6″
    • More than 0.6″
  • Engraving Tools
  • Cutters
    • Single Flute Cutters
    • Finger Joint Cutter
    • Grooving Cutting

By Wood Type:

  • Plywood
  • Chipboard
  • MDF (Medium Density Fiberboard)
  • HDF (High Density Fiberboard)
  • Hardwood

By Operation:

  • Milling
  • Drilling
  • Cutting
  • Profiling

By Region

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

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Sulphur Recovery Technology Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2031

Future Market Insights (FMI) delivers key insights on the sulphur recovery technology in its latest report titled, ‘Sulphur Recovery Technology Market: Global Industry Analysis and Opportunity Assessment, 2016-2026‘. Global sulphur recovery technology market is projected to register a healthy CAGR of 11.5% in terms of value during the forecast period (2016-2026).

On the basis of technology, sulphur recovery technology market has been segmented into Claus Process and Tail Gas treatment. The tail gas treatment technology is projected to grow at a significant CAGR of 11.7% in terms of value during the forecast period.

By source of recovery, sulphur recovery technology market has been segmented into oil, gas, and others (coal gasification). The gas segment is expected to register a CAGR of 11.0% in terms of value over the forecast period. Recovery of sulphur through gas is largest as compared with other sources. This due to the increasing demand for gas and increasing number of gas processing plants in Middle East and Central Asia.

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By capacity, sulphur recovery technology market has been segmented into <100 t/D, 101-200 t/D, 201-300 t/D, and >300 t/D. The <100 t/D segment has been estimated to account for 51.8% value share of the market in 2015. Most refineries opt for low capacity sulphur recovery units, as medium to high capacity sulphur recovery units are capital intensive and require sizeable amount of finances for its operation and maintenance.

Growth of the sulphur recovery technology market is mainly driven by increasing adoption of sulphur recovery technologies by the oil & gas industry and implementation of various stringent environmental regulations. Other trends driving growth include upgrade of existing sulphur recovery units and increasing number partnership between refineries and fertilizer producers. Capital intensiveness of project can act as a restraint to a certain extent for players to venture into big sulphur recovery projects.

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Middle East & Africa (MEA) has been estimated to dominate the global sulphur recovery technology market, with over 50% market share in 2015 and is anticipated to remain dominant by 2026 end, followed by Europe. Among all the regions, Americas market is anticipated to register the highest CAGR over 2016-2026, followed by Asia Pacific (APAC). This is mainly attributed to increasing demand from oil & gas industry in Americas and APAC.

Key players in the sulphur recovery technology market include Chiyoda Corporation, Jacobs Engineering Group Inc., Amec Foster Wheeler, Technip SA, Linde AG, WorleyParsons Ltd., Fluor Corporation, KT – Kinetics Technology SpA, GTC Technology US, LLC, PROSERNAT, and Black & Veatch Holding Company.

These companies are executing number of projects that also includes sulphur recovery technology. For example, on 23 February 2016, the Jacobs Engineering Group completed its Chuandongbei Project, an onshore gas project, in southwest China. The project involved use of Jacobs’ Comprimo Sulfur Solutions technology.

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Stainless Steel Welded Pipe Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2031

This interesting finding is taken from a recent market research study by Future Market Insights on the global market. According to the report, revenue from the sales of stainless steel welded pipes market demand is projected to reach a whopping US$ 20.9 Bn by 2028, from an estimated US$13.5 Bn in 2018. This is indicative of a growth rate of 4.5% during the 10 year period from 2018 to 2028.

Stainless steel is currently the most preferred raw material used to manufacture pipes, owing to its less corrosive and easy-to-fabricate nature. However, carbon steel or mild steel has certain inherent advantages over stainless steel – carbon steel has more strength, is more malleable, and provides better thermal conductivity than stainless steel. Owing to these factors, carbon steel is slowly being preferred over stainless steel in the manufacturing of heavy equipment. Advancements in welding and fabrication technology may lead to increased adoption of carbon steel over stainless steel, thereby negatively impacting revenue growth of the stainless steel welded pipes market.

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Increasing Adoption of Recycled Stainless Steel and Rising Use in Pre-Engineered Buildings Trending the Global Stainless Steel Welded Pipes Market

There has been a rising adoption of scrap metal including scrap iron and steel in the production of steel in countries such as China and India in keeping with global initiatives to reduce the carbon footprint. Recycled steel is being widely used across industries to eliminate the need for mining newer reserves of iron ore and also to reduce air pollution by eliminating carbon dioxide emissions. This positive approach of the iron and steel industry towards managing global warming is being observed as a key trend in the stainless steel welded pipes market.

In the last few years, pre-engineered buildings have become a critical component of both the industrial and commercial sectors globally. Stainless steel is an important raw material used to construct pre-engineered buildings. Rapid industrialisation and the resulting urbanisation is leading to rapid growth in the construction of pre-engineered buildings, thereby fuelling demand for stainless steel. This factor is expected to bode well for the growth of the stainless steel welded pipes market.

Another trend being observed in the global stainless steel welded pipes market is the use of stainless steel pipes in distributing drinking water. The good strength, grade resistance, corrosion resistance, ductile nature, and mechanical properties of stainless-steel make it ideal for constructing pipes that carry drinking water. This is driving the demand for stainless steel welded pipes in the water distribution and transportation industry across the world.

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Burgeoning Global Construction Industry and Growth of Water and Wastewater Management to Boost Revenue Growth of the Stainless Steel Welded Pipes Market

Rapid industrialisation has led to mass urbanisation across the globe, leading to an increase in demand for both residential and commercial properties. This has fuelled investments in the global construction sector, consequently upping the demand for stainless steel welded pipes. Further, instrumentation equipment, industrial piping, water supply and transportation, and petrochemicals require complex piping solutions that necessitate the use of stainless steel welded pipes. This factor is expected to augur well for revenue growth of the global stainless steel welded pipes market in the near future.

Urbanisation brings with it rising demands for clean and pure drinking water and the governments of several developing countries are moving towards the use of stainless steel pipes in the installation of water pipelines for both domestic consumption and agricultural purposes. Governments across the world are also planning strategic initiatives pertaining to wastewater management to reduce water pollution and improve the quality of water by setting up effective industrial wastewater collection systems that incorporate stainless steel welded pipes. This is further expected to push revenue growth of the global stainless steel welded pipes market in the coming decade.

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Backflow Preventers Market | Scope of Current and Future Industry 2031

Backflow preventer sales are set to reach US$ 367.4 Mn in 2021 with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), ESOMAR-certified research and consulting firm. Demand for backflow preventers waned in 2020 due to the recessionary effects of COVID-19 on construction activities, resulting in the deceleration of backflow preventers sales.

However, with the exception of a few countries, water infrastructure development operations have resumed at a solid pace following the financial year’s second quarter. The immediate and long-term growth prospects of the backflow preventers market remain strong, notwithstanding the sector’s recovery.

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Reduced pressure zone-type backflow preventers are expected to lead the market in terms of market value during the forecast period. The segment is expected to hold a dominant market share by value throughout the forecast period. This can be attributable to advance operations offered by the category. Their high cost also contributes to overall revenue generation in the market. Although, in terms of volume, atmospheric vacuum breakers and pressure vacuum breakers are anticipated to lead the market.

A considerable increase in government norms and regulations for the plumbing industry is expected to create growth opportunities. The increasing inclination towards reduced pressure zone backflow preventers in developed and developing countries across the globe is expected to drive the market.

Key Takeaways from Backflow Preventers Market Study

  • The global backflow preventer market is expected to exhibit 7% CAGR between 2021 and 2031
  • The U.S. is projected to account for over 75% of sales in North America,thanks to increasing residential construction
  • Increasing focus on wastewater treatment will enable the K. to register 1.9% y-o-y growth in 2021
  • Increasing construction activities will drive growth in Germany and France
  • Increasing government spending towards wastewater treatment will drive growth in Japan and South Korea

“Stringent laws implemented to ensure safe drinking water are expected to give impetus to the backflow preventer market. In addition to this, innovation of new connected backflow preventers will enable the market gain momentum at a steady pace through the forecast period. Competitive price offering, increase in end user satisfaction in terms of performance, and use of advanced technologies are some of the key strategies implemented by manufacturers operating in the market,” says FMI analyst.

Backflow preventers Market by Category

Product Type

  • Atmospheric Vacuum Breaker
  • Pressure Vacuum Breaker
  • Double Check Valve Assembly
  • Reduced Pressure Zone

Material Type

  • Stainless Steel
  • Plastic
  • Ductile Iron
  • Bronze
  • Other Materials

End-Use

  • Residential
  • Commercial
  • Industrial
    • Sprinkler & Irrigation
    • Water & Wastewater
    • Chemical Processing

Region

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

Competitive Landscape

The backflow preventers market is understood to be fairly consolidated, with key players accounting for nearly 60% of the overall market value share. These players are likely to invest in new technology developments and the expansion of their networks to maintain their market shares. Some of the key players in the market are Honeywell International Inc, Rexnord Corporation, Conbraco Industries Inc., Watts Water Technologies Company, Emerson Electric Co., Caleffi S.p.a., W.W. Grainger, Inc., A.R.I. Flow Control Accessories Ltd, BEULCO GmbH und Co. KG and others.

The backflow preventer market is estimated to witness sound growth during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of water management that meet the personalized requirements of consumers. Collaboration, mergers, and acquisitions with regional companies are some of the key strategies market players are likely to focus on to gain a competitive edge.

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Valuable Insights into Backflow Preventers Market

Future Market Insights brings the comprehensive research report on the backflow preventers market. The study provides compelling insights into the market on basis of various segments. It studies the market in terms of product type (atmospheric vacuum breaker, pressure vacuum breaker, double check valve assembly, and reduced pressure zone), material type (stainless steel, plastic, ductile iron, bronze, and other materials), and end-use (residential plumbing, commercial plumbing, and industrial) across seven regions.

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Frozen food market to grow at a CAGR of 6.7% to be valued at US$ 602,257 Million from 2022 to 2032

The global market for frozen foods is projected to reach US$ 314,285 million in 2022 and then rise at a CAGR of 6.7% to reach US$ 602,257 million by 2032. Rising consumer desire for prepared foods is credited with growth. A CAGR of 6.0% was recorded for the frozen food market from 2016 to 2021.

Frozen foods are food items such as seafood, meat & poultry, vegetable & fruits, convenience foods, and more that are preserved under low temperatures for future usage. They are often used as an alternative or a substitute for fresh and cooked foods. Frozen meat, and seafood have the highest demand of all frozen food products, and they are readily available at grocery stores.

Food preservation has been an ancient practice that humans use to prevent the spoilage of food items or products. The practice is motivated by the surplus food items within the clement season and shortage of food during winter. Preservation via drying, salting, and smoking has been an old practice. However, the innovation of technology has replaced such practices since it can’t be used for preserving some food items like vegetables, fruits, and uncooked meat or seafood. The use of refrigerators or freezers has enhanced food preservation in the industrial age as both cooked and uncooked food items can be stored in them.

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Frozen Food Market Driven by Change in Consumer Lifestyle

The change in consumer lifestyle has prompt the need for the provision of convenience food globally. And this has fostered the rise in demand for frozen foods in the global market. Also, the rise in the number of working women, coupled with the growing number of single-person households has been a significant factor that will drive the tremendous growth of the frozen foods market over the forecast period. It’s now a global norm to consume frozen foods daily due to the change in lifestyle.

Increase in Awareness Regarding the Health Benefits of Frozen Foods

Today’s on the go consumers are on the watch of their health and are ready to spend on health-enhancing products. With the increase in the awareness of the health benefits associated with frozen foods consumption, the market is expected to experience an inclination globally over the forecast period.

The frozen food market is capitalizing on this consumer sentiment to increase the production of health befitting products. The dairy industry in this sector is manufacturing products with low sugar content and minimal processing. Diary based frozen foods like yogurt,s, ice cream are a rich source of vitamin D, phosphorus, and calcium.

Frozen Food Market: Region-wise Analysis

Europe has the largest market in the global frozen food market with the transformation in consumer’s attitude towards frozen food within the region. Consumption of frozen food within the European Union countries has increased tremendously due to the improvement in the standard of living and shift towards convenience lifestyle.

Africa and the Asia Pacific regions will register a significant growth in the frozen food market over the forecast due to the less availability of fresh foods and busy lifestyle within the regions. The rise in disposable income of countries like China, India and Japan is another force driving the growth of the global frozen food market within the Asia Pacific region. Other regions such as North America and Middle East are expected to record a moderate growth in the industry over the forecast period.

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Frozen Food Market: Competitive Landscape

Aryzta A.G.
Ajinomoto Co. Inc.
Cargill Incorporated
General Mills Inc.
JBS S.A.
Kellogg Company
the Kraft Heinz Company
Nestle S.A.
ConAgra Brands, Inc.
Associated British Foods Plc..
Region-wise Analysis

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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 an 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.

Global Frozen Food Market Segment Analysis

The global frozen food market can be segmented on the following basis:

By Type

Frozen fruits and vegetables
Frozen meat and fish
Frozen desert
Frozen snacks
Frozen cooked ready meals
Other

By Category

Ready to eat
Ready to cook
Ready to drink
Others

By Distribution Channel

Supermarkets & Hypermarkets
Convenience Stores
Online Channels
Others

By Freezing Technique

Blast freezing
Belt freezing
Individual Quick Freezing (IQF)
Others

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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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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Fish Processing Market is Projected to Propagate at a CAGR of 7.3% during 2022 – 2032

Fish Processing Market is expected to reach US$ 406948.3782 Mn, Fish Processing Industry growing at a CAGR of 5.7% during period of 2022-2032.

Fish processing is a practice involving fish and its products, which is performed between the times the fish are caught and continues until the final product is shipped to the customer. The final product delivered can be eaten right away. Fish processing encompasses the full range of aquatic organisms, regardless of the catchment (wild fishing or aquaculture).

One of the main concerns of this process is preventing the fish from rotting. Fish are perishable and therefore require preservation and proper handling, so processing fish is necessary because the final product is nutritious and has a long shelf life. Preservation is a key technology in fish processing (preventing fish spoilage and extending shelf life).

One of the main benefits of fish processing is that it helps the sustainable use of marine resources, thus increasing the demand for more processed fish in the market.

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It has been found that the freshness of fish (seafood) can be improved by ozone. Ozone treatment of processing equipment and fish can ruin fish by reducing bacterial attack. Therefore, the use of ozone increases the profitability of the fish processing industry. Fish processing includes primary and secondary stages. Primary processing includes washing, sorting, freezing and packaging of fish. Secondary processing involves the production of processed fish and seafood for meal components or ready-to-eat meals. Ozone treatment of processing equipment and fish can ruin fish by reducing bacterial attack.

Therefore, the use of ozone increases the profitability of the fish processing industry. Fish processing includes primary and secondary stages. Primary processing includes washing, sorting, freezing and packaging of fish. Secondary processing involves the production of processed fish and seafood for meal components or ready-to-eat meals.

Fish Processing: Market Segmentation

The global fish processing market is segmented on the basis of source, application, processing type, and equipment. The sources from which fish are obtained are freshwater, marine and inland. The marine segment holds the largest market share due to modern technology and fishing methods. Applications are segmented into food, feed, biomedical and other (fertilizer, cosmetic and industrial).

Food occupies the largest market share in the fish processing market due to changes in human consumption habits, followed by feed and biopharmaceuticals. The types of processed fish are frozen, preserved, dried and other (smoked and surimi). Freezing is the most common type of fish processing practiced. Equipment used for fish processing is hair removal and gutting, dehulling, scaling, filleting, descaling and rinsing and others.

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Fish Processing: Regional Perspectives

Geographically, the fish processing industry can be divided into major regions including North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Processed fish is consumed most in North America, followed by Asia Pacific and Europe. The United States ranks first in consumption of bluefin tuna and Atlantic salmon. Asia Pacific has huge fish processing facilities, with China leading the market. Other Asian countries, such as Japan, Malaysia and South Korea, rely mainly on fish processing.

Fish Processing Market: Growth Drivers

The main drivers identified as driving the fish processing market are the continuing increase in seafood demand, changing consumer eating habits and consumer demand for differentiated and high-value seafood products. The fish processing industry is also accessible to seafood producers, allowing them to control the final product, quality and hygiene. The increase in fish feed is also a major driver identified driving the growth of the global fish processing market. Development and distribution channels with improved packaging, processing and storage of fish are also identified factors driving market growth.

Fish Processing Market: Players

Fish processing companies have grown in value as processing facilities empower fish processors to oversee the quality and hygiene of their final products. Key players identified in the global fish processing market include Pelagia AS, Leroy, Pescanova USA, Maruha Nichiro Corporation, Thai Union Group Public Company Limited, Royal Greenland A/S, NISSUI, High Liner Foods, Charoen Pokphand Foods PCL, Channel. Fish Processing Company, Inc. and Marine Harvest ASA.

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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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