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Humidifier Market 2022 Assessment and Key Insights Analyzed Till 2030

Humidifier Market is estimated at US$ 1.85 Bn in 2022, likely to surge at a vigorous 5.8% CAGR during the assessment period 2022 – 2030. The market is reach a valuation of US$ 3.53 Bn by the end of 2030.

The market is recording surging demand for various types of humidifiers such as ultrasonic, cold mist, warm mist, and others. Innovations in humidifiers are further helping the market gain traction. Despite witnessing disruptions due to the COVID-19 outbreak, the humidifier market is anticipated to witness impressive growth during the forecast period.

FMI offers an exhaustive overview of the humidifier market in its new study. The report also covers information on growth drivers and restraints.

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Some of the key takeaways from the report are highlighted below-

Demand for cool mist humidifiers will remain high, however, sales recorded in the ultrasonic humidifier category is expected to be comparatively higher
Portable humidifiers are likely to get more popular due to their ease of installation
The online/ ecommerce segment will emerge as the most preferred sales channels
Residential sector is likely to exhibit significantly high demand for humidifiers
North America is expected to lead the global humidifier market followed by Europe during the forecast period

COVID-19 Impact Analysis

The outbreak of novel coronavirus has resulted in restricted growth of the humidifier market. Various factors such as shutting down of manufacturing units during lock down, restricted labor supply, disruptions in supply chain, and other hindrances caused due to the pandemic have been hampering operations within the market.

With sales via retail channels visibly hampered due to restrictions imposed to contain the novel coronavirus, manufacturers are shifting focus towards strengthening their online presence. Consequently, despite aforementioned restraints, the market is likely to witness higher volume of consumer traffic across ecommerce platforms.

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Who is Winning

As the humidifier market is expanding gradually, the key market players are focusing on launching innovative products.

For instance, Philips has launched their advanced humidifier equipped with nano cloud technology which uses natural evaporation process to humidify indoor air in the current year.

Condair has launched their new Condair EL electrode boiler steam humidifier in the recent year which is easy to install and provides reliable steam humidification. They have also released their CIBSE-approved CPD seminar on dehumidification and drying psychometrics which includes training on the principles of operation for both desiccant and condensing dehumidifiers, and others in October, 2020.

Some of the key market players giving tough competition are Honeywell International Inc., Dyson Ltd., De’Longhi S.P.A, BONECO AG, LG Electronics, and others.

More Valuable Insights on Humidifier Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global humidifier market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2022-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of type (warm mist humidifiers, cool mist humidifiers, ultrasonic humidifiers, others), installation type (fixed, portable), sales channel (online/ecommerce, retail stores (physical)), end user (residential, commercial, industrial), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

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Humidifier Industry Survey

Humidifier Market by Humidifier Type:

Warm Mist Humidifiers
Cool Mist Humidifiers
Ultrasonic Humidifiers
Others

Humidifier Market by Installation Type:

Fixed Humidifiers
Portable Humidifiers

Humidifier Market by Sales Channel:

Online/e-Commerce
Retail Stores

Humidifier Market by End User:

Residential Humidifiers
Commercial Humidifiers
Industrial Humidifiers

Humidifier Market by Region:

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

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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 8-years.

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Water Treatment System Market Current Trends And Future Growth Estimations Outlook To 2032

The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market.

According to the report, several key drivers are expected to fuel the growth of the global water treatment market during the forecast period. The notable driving forces include, growing awareness of the hazardous effects of impure water consumption, steady surge in demand for fresh water, adoption of water treatment systems, and demand for quality water from the domestic and industrial sector.

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The increase in the adoption of new technologies along with focus on R&D will play an instrumental role in shaping the overall growth of the water treatment market in 2019 and the coming years. Further, established players operating in the water treatment market are likely to increase investments in R&D activities, focus on the development of innovative water treatment systems, and offer cost-effective solutions.

In addition, existing players pushing for product innovation, collaborations with EPC companies and local municipalities, development of patented technologies and high capacity treatment systems are likely to gain a competitive edge in the current industry landscape.

East Asia Emerges as a Promising Region for Market Growth

In the current scenario, North America and MEA are expected to dominate the global water treatment market in terms of market share. However, the report suggests that the market in East Asia will witness a commendable growth through the forecast period 2019-2029. Currently, the market value of the water treatment market in East Asia is ~ US$ 10,065.6 million and expected to reach US$ 24,376.9 million by the end of 2029 growing at a CAGR of around 9.2% throughout the forecast period. The growth is projected to be primarily driven by focus on enhancing water quality and striking a balance between the demand and supply ratio.

Furthermore, the economies of East Asian countries such as China, South Korea, and Japan have shown a steady growth in recent years. Macro-economic parameters including rapid urbanization, growing population, and positive investment patterns have boosted investments in the housing and municipality projects in the region. Other factors such as lack of quality water treatment infrastructure and growing water scarcity have led to a noteworthy increase in the spending to upgrade water treatment facilities in the region.

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Evolving Government Regulations Expected to Shape the Future of Water Treatment

According to the FMI report, in the current scenario, the high demand for chemical-free water is projected to be a key driver of the global water treatment market. Government regulations revolving around water treatment policies are expected to focus on the impact of untreated water on the environment. The evolving government regulations has encouraged market players to focus on the development of eco-friendly water with innovation and adoption of new technologies.

According to the FMI analyst, “The growing demand and focus on chemical-free water has certainly opened up new opportunities for the existing market players. Further, the demand for environment-friendly water will lead to an increase in process water treatment systems in the forecast period.”

In 2019, by application, process water treatment had a high value share of around 47.9% followed by waste water treatment (30.5%). Further, the trend is anticipated to continue throughout the forecast period 2019-2029 driven primarily due to the stringent government regulations.

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Submersible Pump Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2031

The submersible pumps market is expected to register year-on-year growth at 4.6% in 2021, with the overall valuation totaling US$ 8.80 Bn in 2021. As per a recent analysis by Future Market Insights (FMI), sales of submersible pumps are expected to increase at 5.1% CAGR between 2021 and 2031.

According to the study, the overall submersible pumps market valuation is forecast to top US$14.45 Bn by 2031. Borewell submersible pumps will remain highly sought-after. Meanwhile, the sales of open well submersible pumps will increase at a steady pace, exhibiting growth at a 5.7% CAGR in between 2021 and 2031.

Base Year Value (2020A) US$8.42 Bn Estimated Year Value (2021E) US$8.80 Bn Projected Year Value (2031F) US$14.45 Bn Value CAGR (2021-2031) 5.1% Collective Value Share: Top 3 Countries (2021E) 33.5%

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In the last few years, water stress has been a leading concern across the world, which has in turn fuelled the demand for new water sources to fulfill the industrial as well domestic water need. Waste water treatment is becoming more popular around the world as means to relieve water scarcity, which is also driving the global submersible pumps markets.

Sales of submersible pumps were however dampened due to the outbreak of the COVID-19 pandemic. Disruptions in supply chain and suspended production activities in the oil and gas sector resulted in stagnated demand for submersible pumps.

Submersible pumps manufacturers are focusing on launching cost-effective and high efficiency products to improve sales. Governments of emerging economies in Africa and Asia, particularly in countries such as India, China and South Africa, are increasing efforts to improve access to drinking water in rural as well as urban areas, which in turn is benefiting the market.

“Initiatives undertaken by governments for waste water management and encouraging the use of technologically-driven equipment in agricultural sector are expected to spur the demand for submersible pumps,” said Future Market Insights analyst.

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Key Takeaways:

By product type, borewell submersible pumps are expected account for half of the global market in terms of revenue by the end of the forecast period. By head type, above 100 m pumps are expected to gain popularity over the forecast period owing to increasing demand for water distribution application. By Application, demand from municipal sector is anticipated to grow at 5.5% CAGR over the forecast period. East Asia has the leading share in terms of volume. However, Europe is projected to account for highest value share. Industrialization in emerging economies of Asia will increase the demand for submersible pumps over the forecast period. China and Japan will continue spearheading growth in East Asia.

Competitive Landscape

Some of the key submersible pumps manufacturers include

Kubota Corporation, Wacke Neuson Group, Atlas Copco, ABKSB SE & Co. KGaA, Xylem Inc.,Ebara Corporation, Grundfos, Sulzer AG, The Weir Group PLC, Tsurumi Manufacturing Co., Ltd. Kriloskar Brothers Ltd., Flowserve Corporation.

The global submersible pumps market is fairly fragmented owing to the presence of several players across the globe. Moreover, leading share in the market is accounted by unorganized players which is estimated to be at around 50%-55%. Key market players are focusing on research and development to expand their product portfolio. Besides this, they are actively investing in mergers, acquisitions, and strategic collaborations to expand their global footprint.

Submersible Pumps Market by Category

By Product Type:

Non Clog Submersible
Open Well Submersible
Bore Well Submersible

By Head Type:

Below 50 meter
50 m- 100 m
Above 100 m

By Application:

Agriculture
Industrial
- Oil & Gas
- Firefighting
- Mining
- Construction
- Other Industrial
Municipal
- Water Supply & Distribution
- Wastewater Management

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
MEA

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Robotic Lawn Mower Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2032

Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient.

Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth of the robotic lawn mower market during the forecast period.

According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031).

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Key Takeaways of Robotic Lawn Mower Market Study

In terms of segmental analysis, the sales of robotic lawn mowers are expected to remain concentrated to residential end use; nevertheless, sales in the commercial segment are projected to witness hefty growth over the coming years.

e-Commerce growth across the globe squarely proliferates a robust outlook for manufacturers to sell their robotic lawn mowers through online channels/retail partners such as Amazon, e-bay, Alibaba, The Home Depot, etc.

Demand in the Europe-based consumer market has grown rapidly in recent years, and still shows a substantial growth opportunity, as the robotic lawn mower market in the region is far from saturation.

GPS and Bluetooth-enabled robotic lawn mowers and wireless mobile devices are potential investment options for manufacturers. Multiple voice interaction is also being provided in upcoming connected robotic lawn mowers.

“There is significant potential in the long-run as far as robotic lawn mowers are concerned for lawns in commercial areas, sports fields, hotels, and parks. Thus, companies in the market are positioning themselves to enter the professional/commercial market where requirements for technology and reliability are even higher

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Robotic Lawn Mower Market : Competitive Landscape

The global robotic lawn mower market is significantly consolidated, with a few players holding a prominent share of nearly 50% in the market space.

Some of the key players operating in the global robotic lawn mower market are Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., and Robert Bosch GmbH, among others.

Moreover, to win over market imponderables and shakeouts, manufacturers such as Husqvarna, MTD, and Honda are expanding their geographic reach to South East Asia & Pacific.

Find More Valuable Insights on Robotic Lawn Mower Market

FMI, in its new research report, offers an unbiased analysis of the global robotic lawn mower market, presenting forecast statistics for the period of 2021-2031.

The report reveals insights on the robotic lawn mower market, and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the robotic lawn mower market value chain.

Readers can also find key trends and market growth scenarios based on working area, end use, sales channel, and regions such as North America, LAMEA, South East Asia & Pacific, and Europe.

Robotic Lawn Mower Market Taxonomy

The global robotic lawn mower market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Working Area

Small Area (up to 0.4 acre)
Medium Area (0.4-0.8 acre)
Large Area (above 0.8 acre)

End Use

Residential
Commercial

Sales Channel

Offline
Online

Region

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

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Hydroxyapatite Market will Reach a Value of US$ 996.4 Mn by 2022-2032 at a CAGR of 7.6% | FMI

The global hydroxyapatite market size is expected to grow from US$ 480.2 Mn in 2022 to US$ 996.4 Mn by 2032, exhibiting a CAGR of 7.6% throughout the forecast period (2022-2032). Rising demand from dental, orthopedic & surgical applications is a key driving growth in the global hydroxyapatite market.

Over the years, there has been a sharp rise in demand for dental and orthopedic implants as a result of an aging global population and surge in health problems, and this trend is likely to continue during the forecast period. Driven by this, sales of hydroxyapatite are slated to grow at a healthy pace over the next ten years.

Hydroxyapatite is primarily used in dental and orthopedic applications. Hydroxyapatite is a component of tooth enamel, cementum, and dentin. It aids in the remineralization of teeth and keeps teeth strong and healthy against enamel erosion and cavities.

Therefore, it is widely used in dental hygiene products and implants. Comparing hydroxyapatite to other calcium phosphates, it has been discovered that it is more structurally stable. As a result, it has been chosen by medical specialists as a preferred material for orthopedic implants.

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With new research ongoing, hydroxyapatite continues to play an important role in the field of dental and orthopedic implants as medical science advances. To strengthen their relationships with end users and increase their profitability, major market participants are entering into long-term contracts & supply arrangements with end-use industries.

“Growing demand for dental & orthopedic implants are expected to propel the sales of hydroxyapatite in the forecast period,” says an FMI analyst.

Key Takeaways from Hydroxyapatite Market Survey:

By grade, medical grade segment is anticipated to reach a market valuation of US$ 913.9 Mn by 2032.
Based on application, dental & orthopedics applications are anticipated to cumulatively account for more than 79% of the overall hydroxyapatite consumption by 2022.
North America will continue to dominate the global hydroxyapatite market during the forecast period.
Hydroxyapatite market in China is expected to reach about US$ 218.7 Mn by 2032.
The U.S. hydroxyapatite market is likely to surpass US$ 2 Mn by the end of 2032.

Who is Winning?

According to FMI analysis, FLUIDINOVA, SofSera Corporation, Berkeley Advanced Biomaterials, Taihei Chemical Industrial Co. Ltd., SigmaGraft, CAM Bioceramics, APS Materials, Inc., Zimmer Biomet, Bioceramics, Granulab (M) Sdn Bhd, Merz Biomaterials, Sangi Co., Ltd., and others are identified as the key manufacturers in the hydroxyapatite market.

These leading companies are continuously adopting strategies such as mergers, partnerships, agreements, collaborations, and establishment of new manufacturing and distribution facilities to gain an upper hand in the global hydroxyapatite market.

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For instance:

In March 2022, CGbio and Kerunxi Medical of China signed 10 billion KRW contract for export of Bongros dental bone graft material, a bone substitute made of hydroxyapatite ceramic that is crystallographically and chemically identical to the inorganic components of human bones.
In June 2020, CAM Bioceramics announced that it will provide restorable ceramics made of hydroxyapatite to Admatec for 3-D printing in Admaflec Printing Systems, which will open the door for Admatec to join the dental care products sector.

Hydroxyapatite Market Segmentation

By Grade:

Medical Grade
Cosmetics Grade
Research Grade

By Application:

Dental
Orthopedic
Biochemical Research
Surgical
Bioceramic Coatings
Food
Medicine
Others

More Insights into the Hydroxyapatite Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global hydroxyapatite market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032.

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To understand the global market potential, growth, and scope, the market is segmented based on grade (medical, research & cosmetics), application (dental, orthopedics, biochemical research, surgical, bioceramic coatings, food, medicine & others), and region.

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Silanes Market Set to Witness an Uptick Size USD 4,043.2 Million to 2030: Future Market Insights, Inc.

Future Market Insights, an ESOMAR certified market research firm, opines that sales of silanes market are anticipated to soar with their high usage as sealants, adhesives and protective coatings in the construction sector.

The market is also gaining traction with the use of silanes as process additives in the manufacture of PU foam for well insulated and energy efficient buildings. Sustained demand from the medical sector is also likely to drive growth through 2030, according to the latest study.

Scoring high on the performance index, silanes have proven ideal for a range of medical applications. Silanes are increasingly being used in dental care, drug and transfusion delivery systems, prosthetics, cooling caps, breathing tubes and hearing aids. As key biomaterials, silanes are used in many pharmaceutical products as actives and excipients.

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“The current pandemic has led to high manifestation of silanes in the healthcare and pharmaceutical sector with pronounced usage in pacemakers and tubing applications. Demand growth in this sector is slated to be high in the near term”

Key Takeaways of Silanes Market Study

High growth of silanes is sustained in Asia Pacific which is slated to be a regional behemoth in the chemicals sector
Organo-functional silanes are set to capture substantial chunk of market value and have shown benefits in water scavenging, cross linking and adhesion promoting
The electronics sector is additionally set to offer lucrative market opportunities for silanes in electronics industry such as semi-conductor components, integrated circuits, computers, power electronics, LEDs and automotive electronics
The high utilization of silanes in green tires is set to improve automobile fuel efficiency by at least 4%-5%

R&D a Key Focus Area for Silanes Manufacturers

The competition landscape of silanes is characterized by a network of market behemoths who are continuously scaling up through innovative product launches. Many of the players are focusing on the diverse applications of silanes for a more balanced portfolio. For instance:

Silanes have found their way in a number of adhesive innovations. For instance 3M announced a new product for their commercial vehicles. CV90F belongs to the commercial vehicle tape family providing strength with a multi-purpose adhesive. This adhesive used in vehicle tapes keeps the surface smooth
Sikagard SN-40, a product by SIKA USA is a water-repelling silane sealer. It is specially formulated to provide a tough barrier against water entry in concrete

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Key Companies Profiled

KCC Corporation, OCI Company Ltd, Dow Inc.,Momentive Performance Materials Inc., Evonik Industries AG,Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd., China Bluestar International Chemical Co. Ltd, Dalian Onichem Co. Ltd., Tokuyama Corporation, Power Chemical Corporation, Nanjing Shuguang Silane Chemical Co. Ltd., BRB International B.V., Nanjing Union Silicon Chemical Co. Ltd., Nanjing Wanda Chemicals Co. Ltd., Miliken Chemical, Supreme Silicones, Air Liquide Advanced Materials Inc., Qufu Chenguang Chemical Co. Ltd., Nitrochemie AG, Gelest Inc., WD Silicone Co. Ltd.

Market Set for Strong Recovery Post Pandemic

The COVID-19 crisis has led to subdued demand for silanes in the near term. The institution of social distancing and regional lockdowns has crippled supply chains thus affecting demand and supply of silanes.

Raw material shortages are also impacting the manufacturing of silanes. On this premise, the market will contract substantially in 2020-2021. However, the market is slated for a quick recovery and will witness 1.5X growth in consumption over the forecast period.

Silanes Market By Category

By Product Type, the Silanes market is segmented as :

Organo Functional Silanes
Mono/Chloro Silanes
Others

By Application, the Silanes market is segmented as :

Rubber
Plastics
Nylons
Adhesives & Sealants
Fiberglass and Composites
Paint, Ink, and Coatings
Electronics
Mineral and Filler Treatment
Surface Protection
Others

By End Use, the Silanes market is segmented as :

Building and Construction
Oil & Gas
Electrical and Electronics
Automotive and Aerospace
Medical and Pharmaceuticals
Chemical and Other Industries

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Find More Valuable Insights on Silanes Market:

FMI in its new market research study, offers an unbiased analysis of the hydrogen electrolyzer market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global silanes market through four different categories – product type, capacity, outer pressure, end user and region.

The global silanes market study provides information of pricing by different application analysis, product life cycle, capacity assessment, key market trends and technologies which are being implemented in the deployment of silanes and product adoption in varied end use industries.

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Hydraulic Intensifiers Market Expectations & Growth Trends Highlighted Until 2031

Future Market Insights upcoming report on global Hydraulic Intensifiers market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Hydraulic Intensifiers market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Hydraulic Intensifiers market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

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To receive the detailed insights about the Hydraulic Intensifiers market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Hydraulic Intensifiers market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the Hydraulic Intensifiers market.

Key Questions Answered in the Report

What are the key trends and challenges that will affect global Hydraulic Intensifiers market in upcoming years?
What are the factors that will influence the Hydraulic Intensifiers market demand?
Which region will be the most lucrative for Hydraulic Intensifiers market throughout the forecast period?
How will evolving regulatory policies impact the market growth?
What is the impact of Covid-19 on the Hydraulic Intensifiers market?

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Hydraulic Intensifiers Market: Segmentation

By Region

North America
- US
- Canada
Latin America
- Brazil
- Mexico
Europe
- Germany
- Italy
- France
- U.K.
- Spain
- BENELUX
- Russia
- Nordics
East Asia
- China
- Japan
- South Korea
South Asia & Pacific
- India
- ASEAN Countries
- Oceania
Middle East and Africa
- GCC Countries
- Turkey
- North Africa
- South Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Hydraulic Intensifiers market report with established market players as well as incumbents in the region.

By Product:

For Gas
For Liquid

By End Users:

Construction
Petrochemical
Power & Energy
Auto Industry
Machine Manufacturing

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Toray industries, inc.
Dynaset oy
Air system products, llc
Yuken cr sro
Oil-air products, llc.
Gmw pvt. ltd.
Hirotaka mfg. co.,ltd.
High pressure equipment company

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the Hydraulic Intensifiers market

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Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the Hydraulic Intensifiers market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Barite Market to Receive Overwhelming Hike USD 2.0 Billion in Revenues by 2030: Report By FMI

Drilling mud applications are expected to account for substantial revenues amongst all applications, in the global barite market. Untapped opportunities in the medical industry are also generating incremental opportunities for manufacturers.

Barite would experience steady demand growth in paints and plastics industries, as it is widely utilized to control the viscosity and add brightness to end products. Global barite market will cross the US$ 2 Bn mark by the end of 2030.

Expansion of the automotive industry is creating revenue streams for manufacturers due to growing demand for brake pads and clutches for cars, as indicated by a new Future Market Insights (FMI) report. Key companies in the barite market are set to experience disruptions in supply chains owing to recent developments related to coronavirus crisis.

Manufacturers are accelerating efforts to join the fight against COVID-19 pandemic by taking a step forward to donate barite cement for the construction of hospital radiotherapy bunker where coronavirus treatments are carried out.

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Key Takeaways of Barite Market Study

Innovative approaches in determination of normal and abnormal anatomy of the gastrointestinal tract with the help of high-purity barite holds promising business potentials.
Barite is being extensively used as a weighted filler in paper, textile and rubber production.
Manufacturers are focusing on construction sector where barite is mixed with cement to make special containers used to store radioactive materials.
North America being the frontrunner in terms of revenue amongst all regions has created opportunities for manufacturers to comply with the regulations of the American Petroleum Institute to innovate in weighting agents for oil & gas industry.

Demand for weighting agents in the ever-increasing oil & gas industry are creating a stable business ground for manufacturers. Untapped opportunities in construction industry owing to demand for high density cement is fueling market growth.

Lucrative Opportunities in Paints & Coatings

Companies in the barite market are increasing their production capabilities to manufacture paint-grade barite powder. This has deployed ease in handling and beneficial in transportation activities. High whiteness, low impurity and excellent dispersibility are key imperatives that are highly preferred in paint-grade barite powder.

Latex paints, coatings and pigments amongst others are fueling demand for barite powder. Increasing number of powder coatings applications in households and other interior applications are generating value-grab opportunities for manufacturers.

Key Companies Profiled:

Milwhite
Corpomin
Excalibar Minerals
International Earth Products LLC.
BariteWorld
The Kish Company, Inc.
New Riverside Ochre Company, Inc.
Global Reach FZE
Andhra Pradesh Mineral Development

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Demand for Weighting Materials in Petroleum Industry to Bolster Market Growth

Fine grinding applications are catalyzing the demand for barium sulfate, owing to its high density and chemical inertness. An overwhelming majority of barite is being pervasively used in the petroleum industry as a weighting agent in the formulation of drilling mud.

As such, the revenue if drilling mud applications is predicted to climb high growth from US$ 1 Bn in 2022 to US$ 1.4 Bn by the end of 2030. Commercial deposits of barite are primarily found in the U.S., China, India and Morocco.

Barite Market by Category

By Form:

Lumps
Powder

By Grade:

Up to SP 3.9
SP 4.0
SP 4.1
SP 4.2
SP 4.3 and Above

By Application:

Drilling Mud
Pharmaceuticals
Rubbers & Plastics
Paints & Coatings
Textiles
Others

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Manufacturers Prepare for Volatile Demand Amidst COVID-19 Pandemic

Employee and worker safety amidst the coronavirus crisis has become the first priority of companies in the barite market. Hence, manufacturers have adopted telecommunication to support remotely via phones, Skype and VPN amongst other communication platforms.

Global economic turbulences are anticipated to affect the barite market. Manufacturers are increasing efforts to devise contingency plans to address the uncertainty associated with lockdown relaxations in the upcoming months.

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Thionyl Chloride Market to be Worth US$ 688.0 Million by 2022-2030, Get Insights FMI

According to a latest report by FMI, the global thionyl chloride market is expected to reach a valuation of US$ 688 Mn by 2030. Thionyl chloride is used in various end-use industries such as agrochemicals, pharmaceuticals, dyes & pigments, and organic synthesis.

Rising adoption of pesticides in developing countries and developments in the pharmaceutical industry are expected to drive the growth of the thionyl chloride market over the forecast period. Heightening concerns related to water treatment are likely to further fuel its growth engine in the near term.

However, a majority of end users of thionyl chloride are facing a massive slowdown due to the coronavirus (COVID-19) pandemic. This is substantially widening the supply-demand gap, and, as such, straining the revenue pool of the thionyl chloride market.

Further, China – the epicenter of the pandemic – is characterized by a strong foothold of thionyl chloride manufacturers. The government has enacted large-scale lockdowns, resulting in short-term manufacturing and logistics paralysis.

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“Thionyl chloride plays a vital role in manufacturing pharmaceuticals products. The compound is an industrially-produced liquid used to make acyl chlorides and synthesize pharmaceuticals, including drugs and vitamins. Growth of the pharmaceutical industry has a significant impact on the thionyl chloride market.”

Key Takeaways of Thionyl Chloride Market Study

Consumption of thionyl chloride would remain prominent in manufacturing pharmaceuticals. Thionyl chloride is used in the production of a wide range of pharmaceutical products, including isocarbophos, indomethacin, vitamin A, sumicidin, propargite, and tetramisole hydrochloride. Further, manufacturers are targeting the agrochemical industry for relevant returns.
Europe holds a prominent share in global thionyl chloride market; East Asia would reflect worthwhile prospects, owing to the presence of key agrarian countries and subsequent advancements in the pharmaceutical industry.
Thionyl chloride is also used in the production of lithium thionyl chloride batteries. The adoption of lithium thionyl batteries is increasing, given its benefits such as high voltage, high safety, wide temperature range, low currents, passivation of battery, and its bobbin-like structure.

Market Landscape: Fairly Consolidated

The global thionyl chloride market is fairly consolidated, owing to a limited number of players operating in the market. The top nine players account for around half of the total market revenue. Manufacturers are focusing on strengthening their partnerships with end users and government entities. The market is dominated by Chinese players.

Key players such as Lanxess AG, Transpek Industries Ltd., CABB Group, Sigma Aldrich Co. LLC, Shandong Kaisheng New Materials Co. Ltd., Angene International Limited, Jiangxi Selon Industrial Co. Ltd., ChemTik, Aurora Fine Chemicals LLC, and others are focusing on marking their direct presence in local markets.

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What Does the Future Hold?

The global thionyl chloride market is expected to grow at a moderate pace over the forecast period on account of increasing application in pharmaceuticals and agrochemicals industries in developing regions. Moreover, increasing use of thionyl chloride in the production of batteries is expected to fuel the growth of the market.

Preference for thionyl chloride over other reagents is further anticipated to bolster the market in the foreseeable future. Production of thionyl chloride is preferred by the sulfur trioxide route, and the trend is projected to continue during the forecast period.

Thionyl Chloride Market Taxonomy

By Grade, the market of Thionyl Chloride is segmented as:

Technical Grade
Pharmaceutical Grade

By Application, the Thionyl Chloride Market is segmented as:

Agrochemicals
Pharmaceuticals
Dyes & Pigments
Organic Synthesis
Batteries
Others

By Production Process, the Thionyl Chloride Market is segmented as:

Sulfur trioxide Route
Sulfur dioxide Route
Other Routes

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Want to Know More?

Future Market Insights has published a market research report on the thionyl chloride market that contains global industry analysis of 2015-2019 and opportunity assessment for 2020-2020. The report provides insightful analysis of the thionyl chloride market through four different segments – grade, application, production process, and region.

The thionyl chloride market report also provides the demand trends of different types across industry verticals, a comprehensive list of service providers in the market, various projects around the world, and a detailed overview of the parent market.

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Black Start Generators Market Assessment and Key Insights Analyzed Till 2031

Future Market Insights upcoming report on global Black Start Disel Generators Market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Black Start Disel Generators Market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the Market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Black Start Disel Generators Market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the Market players to craft their long-term strategies to maintain the competitive edge in the industry.

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To receive the detailed insights about the Black Start Disel Generators Market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Black Start Disel Generators Market has picked up the pace.

The FMI’s recent report talks about the Market scenario in the chapter on the Covid-19 impact analysis to aid the Market players for the upcoming years. The report gives a detailed Market analysis surrounding the Market condition and its impact on the Black Start Disel Generators Market.

Key Questions Answered in the Report

What are the key trends and challenges that will affect global Black Start Disel Generators Market in upcoming years?
What are the factors that will influence the Black Start Disel Generators Market demand?
Which region will be the most lucrative for Black Start Disel Generators Market throughout the forecast period?
How will evolving regulatory policies impact the Market growth?
What is the impact of Covid-19 on the Black Start Disel Generators Market?

Black Start Disel Generators Market: Segmentation

Detailed analysis on the geographical region and country wise insights are offered in the latest Black Start Disel Generators Market report with established Market players as well as incumbents in the region.

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Engine Type:

Diesel Engine
Gas Engine
Hybrid Engine

Power Rating:

Below 1,000 kW
1,000 kW-2,000 kW
2,000 kW-3,000 kW
Above 3,000 kW

Comprehensive analysis of the regional Markets offers exclusive insights on the Market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Mitsubishi Heavy Industries Ltd.
Caterpillar Inc.
MTU Onsite Energy
Cummins Inc.
General Electric Company
Generac Power Systems, Inc.
Himoinsa S.L.
JCB Power Products
BroadcrownLtd.

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important Market study including the historical revenue prospects, pricing strategy, and Marketing strategy adopted by these players in the Black Start Disel Generators Market

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