One-step ELISA Market size is anticipated to reach US$ 9.4 Billion in 2032 | FMI

The global one-step ELISA market is expected to reach US$ 9.4 billion in 2032, growing at CAGR of 3.8% from 2022 to 2032. 
Increasing biomarker research activities are expected to drive the one-step ELISA market in the future. 
According to FMI, sales of one-step ELISA are expected to reach US$ 6.3 billion in 2022.

ELISA is one of the gold standards for in-vitro diagnostic testing. Despite ongoing developments including lab-on-chip, immunosensors, microfluidics, and other point of care technologies ELISA technologies have opened up a lucrative market due to the unmatched reliability and high throughput for monitoring and management of disease markers.

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In the conventional ELISA, antibodies are coated in the microplates that bind to selected target proteins. Another set of antibodies that bind to another site on the target protein is used for detection for the bound proteins to the pre-coated antibodies forming a sandwich complex.

However the one-step ELISA simplifies this process. This is done with the use of semi-homogeneous mixture wherein the sandwich complex is formed in to solution in one step and is anchored to the plate with immunoaffinity tags for identification. The one-step ELISA takes almost half the time required to run the conventional sandwich ELISA.

Immunoassays are the most common type of assays used in the pharmaceutical industry for routine monitoring to drug and drug impurities. Thus, pharmaceutical industry is the largest end user of the one-step ELISA kits.

The one-step ELISA kits can be used for quantifying natural proteins as well as for recombinant proteins. These one-step ELISA kits are commonly used for, monitoring production process, screening of clones, and other similar biotechnology applications.

One-step ELISA Market: Drivers and Restraints

Rising demand for rapid tests, need for simplified testing kits, increased research of biomarkers are some of the factors that drive the growth of the one-step ELISA market globally.

However, factors such as lack of awareness, lack of sufficient sensitivity, stringent regulations and the fact that most products for a variety of known biomarkers is yet to be developed or is still being tested for clinical use, are some of the factors that are hindering the growth of the global one-step ELISA market.

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One-step ELISA Market: Overview

One-step ELISA market is segmented into target, sample type, end user and regions. One-step ELISA can be performed to identify a number of targets in humans such as IgG, Albumin, TNF alpha, IL-6, Fibrinogen, Insulin, Lysozyme and others.

The One-step ELISA can be performed using a body fluids such as plasma or serum as well as using tissue lysate as sample type for the identification of certain biomarkers. One-step ELISA is being popularly used as a diagnostic tool as well as for identification of presence of biomarkers in drug discovery and development processes. Thus the end users of one-step ELISA include academic and research institutes, pharmaceutical and biotechnology companies, diagnostic centers, hospitals and clinics.

One-step ELISA Market: Regional Outlook

North America and Europe take the maximum share of the One-step ELISA market. Increased adoption of advance technology, rise in healthcare budget, increase in awareness, and increasing demand for quick results in these regions are some of the factors that drive the growth of the One-step ELISA market.

However in regions such as China and India, the growing demand for rapid tests, ageing population and limited number of healthcare professionals has created an opportunity for the growth of the One-step ELISA market in such regions. Thus, the One-step ELISA market is expected to grow with a significant CAGR in the APAC region.

One-step ELISA Market: Key Players

Some of the Key players in the One-step ELISA market include, Abcam plc, Boster Biological Technology, DIALAB GmbH, AnaSpec, Inc., IDS PLC, PerkinElmer, Inc., InBios International, Inc., among many others.

The report covers exhaustive analysis on:

  • One-step ELISA Market Segments
  • One-step ELISA Market Dynamics
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

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The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific Excluding China and Japan (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic 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.

One-step ELISA Market: Segmentation

The global One-step ELISA market is segmented by target, sample type, end users and region:

Based on the target, the global One-step ELISA market is segmented into:

  • IgG
  • Albumin
  • TNF alpha
  • IL-6
  • Fibrinogen
  • Insulin
  • Lysozyme
  • Others

Based on the end users, the global One-step ELISA market is segmented into:

  • Academic and Research Institutes
  • Pharmaceutical and Biotechnology Companies
  • Diagnostic Centers
  • Hospitals & Clinics

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 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

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Electric Gripper Market Is Expected To Be Dominated By The Asia-Pacific Region Owing To Growing Industrial Automation And The Production Of Robots In Japan And China

The demand for electric grippers has increased at a significant pace in the recent past. This has encouraged the manufacturers of electric grippers to develop products that are more powerful, efficient and faster. In the past decade, electric grippers were weak and very slow as compared to pneumatic grippers of smaller sizes.

However, the latest generation electric grippers can perform better than their air-driven counterparts in terms of grip force and speed, and also offers much more convenience for the operator.

Electric grippers are primarily used for the gripping of work pieces. Furthermore, they enable speed control, acceleration control, gripping force control, multi-point position control and work piece measuring. Electric grippers are most widely adopted in various applications owing to the several advantages offered by them, which include detect grip, position control, force control, cleaner grippers, no air lines, etc.

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Global Electric Gripper Market: Dynamics

Electric grippers are gaining significant traction for numerous applications across various end-use industries, primarily because they offer easy control. Electric grippers are very flexible and are good for handling material tolerances. Moreover, electric grippers do not have air lines and are clean, due to which they are cost-effective.

On the other hand, the availability of alternative gripper types, such as pneumatic, hydraulic, vacuum, magnetic, etc., is expected to restrain the growth of the global electric gripper market over the forecast years.

Manufacturers across the globe are under significant pressure to increase agility, reduce pressure and automate more processes, which include labour-intensive processes and high mix. The existing technologies provide limited and expensive solutions for handling different parts.

The high costs of custom electric gripper designs and tools often pose as hindrances in the adoption of automation processes. The aforementioned factors are expected to restrain the growth of the global electric gripper market.

Prominent manufacturers engaged in the production of electric gripper are continuously focusing on the introduction of patented technology to gain a higher market share. For instance, in the recent past, SCHUNK introduced its patented electric gripper with improved multi-tooth guidance, permanent lubricant pockets and maximum force for higher workpiece weights.

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Global Electric Gripper Market: Regional Outlook

Globally, the electric gripper market is expected to be dominated by the Asia-Pacific region owing to growing industrial automation and the production of robots in Japan and China. Furthermore, the demand for electric grippers in Asia-Pacific is expected to grow at significant pace over the forecast years.

Asia-Pacific is expected to be followed by North America in the global electric gripper market due to the rising demand for automation in the end-use industries across the U.S. North America is expected to be followed by Europe in terms of the sales of electric grippers over the next decade.

Middle East & Africa is expected to account for a small share of the electric gripper market across the globe, however the demand for these devices is expected to grow at a moderate pace in this region in the near future. The Latin America electric gripper market is expected to grow at an above-average growth rate over the assessment period.

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Global Electric Gripper Market: Market Participants

Some of the key players involved in the global electric gripper market include SCHUNK GmbH & Co. KG; GIMATIC USA; SMC Corporation of America; DESTACO (Dover Company); PARKER HANNIFIN CORP; Yamaha Motors Co., Ltd.; HIWIN Corporation; TOYO Corporation; ZIMMER GROUP; SMAC Corporation; IAI America, Inc.; Robotiq; PHD Inc. and Camozzi Group.

The global electric gripper market is expected to be significantly fragmented in nature owing to the presence of large number of regional as well as local players in the market.

Some of the manufacturers involved in the market are focusing on the introduction of electric grippers with zero maintenance, which help reduce maintenance costs and provide more reliability as compared to traditional grippers.

The research report presents a comprehensive assessment of the Electric Gripper 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 Electric Gripper market segments such as geographies, form, application and end-use industry.

The Electric Gripper market 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 factors on Electric Gripper market segments and geographies.

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Global Electric Gripper Market: Segmentation

The global electric gripper market can be segmented on the basis of type and end-use industry.

Based On The Type, The Global Electric Gripper Market Can Be Segmented Into:

  • 2-Finger
  • 3-Finger

Based On The End-Use Industry, The Global Electric Gripper Market Can Be Segmented Into:

  • Electrical & Electronics
  • Automotive
  • Food & Beverage
  • Chemicals
  • Metal Manufacturing
  • Other Industrial

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Alkyl Acrylate Market: In-Depth Analysis with Booming Trends Supporting Growth and Forecast to 2026

In the past decade, sales of cosmetics has spiraled which was mainly attributed to women becoming a major part of global workforce. Skin care has rose as an important trend in the global cosmetics market. In order to cope with this, manufacturers are consistently investing in development of chemicals that have multifunctional properties.

One such chemical is alkyl acrylate. Butyl acrylate is one of the prominent members of alkyl acrylates. The other members include methyl, ethyl, and vinyl among others. Alkyl acrylate contains two groups, hydrophobic and hydrophilic.

Alkyl acrylate is used as a viscosity booster and absorbents. It is also used as an emulsion stabilizer, suspending agents, skin conditioning agents, and binders in personal care products. Alkyl acrylate is used in the personal care products which includes facial moisturizers, treatment creams, tanning lotions and sun creams among others.

Alkyl acrylate is also used in shampoos, hair bleaching and colouring products. Alkyl acrylate also finds a wide range of application in pharmaceuticals industry including effervescent and chewable tablets and oral suspension medicines.

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These acrylates are used in surface coatings in the form of polymers. Alkyl acrylates also find application in textiles, paints and leather processing. The global alkyl acrylate market is expected to show a higher growth rate over the forecast period.

Alkyl Acrylate Market Dynamics

Alkyl acrylate market is anticipated to witness high growth rate due to its properties such as high viscosity boosting, strong binding and emulsion stabilizing, which is most required in cosmetics products. Changing lifestyle of people coupled with increasing demand for anti-aging products is expected to propel the demand for alkyl acrylate, thus boosting the global alkyl acrylate market.

In addition to this, rapidly increasing demand for pharmaceuticals is also projected to augment the demand for alky acrylate over the forecast period. Increasing textile industry is also expected to fuel the demand for alkyl acrylates over the forecast period.

The major manufacturers in global alkyl acrylate market are focusing on developing new formulations that can maintain viscosity consistency at different temperatures. Furthermore, major companies have adopted the strategy of focussing on production capacity expansion.

Alkyl Acrylate Market: Regional Outlook

North America is expected to account for the largest market share in the global alkyl acrylate market over the forecast period. This is mainly attributed to the increasing demand for cosmetics in this region. The changing lifestyle of consumers coupled with increasing demand for anti-aging products is expected to boost the demand for alkyl acrylate market in this region.

Asia Pacific is expected to witness significantly higher growth rate in the global alkyl acrylate market over the forecast period. Europe is also expected to contribute a major share in the global alkyl acrylate market throughout the forecast period. Latin America and Middle East and Africa are also anticipated to exhibit relatively higher growth over the forecast period.

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Alkyl Acrylate Market: Market Participants

The competitive landscape for alkyl acrylate market is majorly marked by the presence of large players as well as small scale players. Some of the major players identified in the supply chain of alkyl acrylate market are The Dow Chemical Company, Arkema SA, Thermax, BASF SE, San Ester Corp., Anhui Newman Fine Chemicals Co., Ltd., and Osaka Organic Chemical Industry Ltd. among others.

Alkyl Acrylate Market: Segmentation

There are various perspectives of understanding the alkyl acrylate market segmentation. Some of the examples of such breakdown include alkyl acrylate market segmentation on the basis of chemical groups, product types, function, and application.

Alkyl acrylate market segmentation on the basis of chemical groups,

  • Hydrophobic
  • Hydrophilic

Alkyl acrylate market segmentation on the basis of product types ,

  • Methacrylate Crosspolymer
  • Butyl Acrylate
  • Ethyl Acrylate
  • Vinyl Isodecanoate Crosspolymer
  • Vinyl Neodecanoate Crosspolymer
  • Glycol Dimethacrylate Crosspolymer
  • Sodium Acrylates Crosspolymer-2
  • Others

Alkyl acrylate market segmentation on the basis of functions,

  • Absorbents
  • Emulsion stabilizers
  • Viscosity boosters
  • Others

Alkyl acrylate market segmentation on the basis of applications,

  • Personal care products
  • Coatings
  • Textiles
  • Adhesives
  • Paper manufacture
  • Pharmaceuticals
  • Others

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The market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

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 favour 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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Portable Oxygen Concentrators Market size expected to reach US$ 1.9 Bn by the end of 2022 – Exclusive Report by FMI

According to FMI, By the end of 2022, the global portable oxygen concentrators market size is anticipated to reach US$ 1.9 billion, and it is projected to grow at a CAGR of 10.1% from 2022 to 2032. By 2032, market sales are anticipated to surpass US$ 5.0 Bn.

Portable oxygen concentrators supply oxygen to patients suffering from respiratory diseases such as chronic obstructive pulmonary diseases. The concentrator separates nitrogen and oxygen from air in the environment and then supplies 95% pure oxygen to patients. POCs are easy to carry as they are smaller in size compared to stationary concentrators. Moreover, POCs are of great use to mountaineers and travellers in places where oxygen is inadequate.

According to Future Market Insights, the global portable oxygen concentrators market is likely to witness substantial growth owing to increasing prevalence of chronic obstructive pulmonary diseases, growing consumer awareness for oxygen therapy devices, and a changing consumer lifestyle.

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Further, adoption of new technologies in medical devices, increasing government expenditure towards healthcare and medical devices development and production, and a rise in investment by companies manufacturing homecare products is likely to boost the growth of the global portable oxygen concentrators market during the forecast period (2016 – 2026).

However, high product costs and stringent FDA regulations pertaining to medical devices are some of the factors likely to restrain the growth of the global portable oxygen concentrators market during the forecast period.

Segmentation highlights

The global portable oxygen concentrators market has been segmented on the basis of Product into Continuous Flow Portable Oxygen Concentrator and Pulse Flow Portable Oxygen Concentrator; and on the basis of End User into Hospitals, Homecare, Ambulatory Surgical Centres, and Travel Agents.

  • The Pulse Flow Portable Oxygen Concentrator product segment is projected to be valued at US$ 1890.3 Mn by 2026, registering a CAGR of 9.0% over the forecast period
  • The Homecare end user segment is projected to be valued at US$ 1820.5 Mn by 2026 and is likely to witness a CAGR of 9.0% over the forecast period

Regional market projections

The global portable oxygen concentrators market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, MEA, and Japan. Growing geriatric population consequently increasing the requirement for homecare settings particularly in high income countries with increasing number of patients suffering from chronic obstructive pulmonary diseases is expected to result in significant growth of the North America portable oxygen concentrators market.

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The North America region is expected to report incremental opportunity of US$ 781.7 Mn between 2016 and 2026. Evolution of health insurance system is expected to contribute largely to the revenue generation potential and attractiveness of the Eastern Europe portable oxygen concentrators market. Rising adoption of portable oxygen concentrators in chronic obstructive pulmonary diseases patients for better care is expected to fuel revenue growth in the Japan portable oxygen concentrators market over the forecast period. High product cost of portable oxygen concentrators is expected to hamper sustainable adoption in the APEJ region. Lack of product awareness is expected to hamper market growth in the APEJ and MEA regions.

Vendor insights

The report profiles some of the top companies operating in the global portable oxygen concentrators market such as Koninklijke Philips N.V., Inogen Inc., Chart Industries Inc., Resmed Inc., Invacare Corporation, Drive DeVilbiss Healthcare, Precision Medical Inc., Besco Medical Co. Ltd., Oxus America, Inc. (Oxus), Foshan Keyhub Electronic Industries Co. Ltd., O2 Concepts LLC, and GCE Group.

Key strategies adopted by leading market players in the global portable oxygen concentrators market include product approvals and commercialisation, efficient entry into markets in emerging countries, and adoption of latest innovative technologies in healthcare, thus strengthening regional proficiency and addressing customer needs effectively. New product launches, product innovation, and geographical expansion are anticipated to form the core of these strategies during the forecast period.

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Market segmentation

By Product

  • Continuous Flow Portable Oxygen Concentrator
  • Pulse Flow Portable Oxygen Concentrator

By End User

  • Hospitals
  • Homecare
  • Ambulatory  Surgical Centres
  • Travel Agents

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • MEA
  • Japan

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Steam Trap Valve Market Is Expected To Be Dominated By The Asia-Pacific Region Owing To The Significant Demand From Various End-Use Industries

Global steam trap valve demand is expected to be valued at US$ 4.16 billion in 2022, rising at a CAGR of 4.4% to US$ 6.4 billion from 2022 to 2032. Increased demand for silicone elastomers, particularly in the automotive and construction industries, is driving growth.

Non-condensable gases and condensed steam, such as air, are filtered by a steam trap valve, which is most commonly a type of automatic valve. Steam trap valves are used in a variety of industries, including power generation, food and beverage, oil and gas, and so on, to ensure that steam is not wasted as a heating medium or as a driving force for mechanical power.

Throughout the world, steam trap valves are available in a variety of materials such as cast iron, carbon steel, alloy steel, stainless steel, and so on. Steam trap valves operate in a variety of technologies, including thermodynamic, mechanical, and thermostatic, among others.

Among the various types available on the market, thermodynamic steam trap valves are the most commonly used for steam mains drainage due to the numerous benefits associated with them, including long life and a robust structure.

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Some Prominent Drivers Spearheading Steam Trap Valve Market Growth

The expansion of oil and gas exploration and production activities is expected to boost demand for steam trap valves in the near future. Because of rising fuel demand, the United States has seen significant growth in oil and gas exploration activities in recent years. Furthermore, the development of new technologies for shale gas extraction and subsea oil extraction has been identified as key factors boosting demand for steam trap valves.

On the other hand, strict governmental regulations for valve production are expected to be one of the major challenges for the global steam trap valve market’s growth.

Prominent manufacturers in the global steam trap valve industry are involved in the introduction of thermostatic bimetallic steam trap valves that offer lower cost of ownership and energy-saving benefits when compared to other types of steam trap valves available on the global market. Furthermore, some manufacturers are concentrating on the introduction of products that allow for rapid steam trap replacement while also lowering labour costs.

Significant Growth in the Oil and Gas Industry Driving Steam Trap Valve Industry

One of the primary reasons for the significant growth is the increasing automation across industries such as oil and gas, as well as the increasing number of offshore and onshore exploratory activities. Furthermore, the substantial increase in demand for durable and light-weight steam traps, which have a longer shelf life, is one of the reasons for the growth.

Steam trap valves act as a physical barrier and are used in oil and gas refineries for fluid catalytic cracking and de-cocking processes. Furthermore, factors such as increased design flexibility and cost-effectiveness contribute to overall demand and growth.

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Region-wise Insights

Why is Asia Pacific Emerging as an Opportunistic Steam Trap Valve Market?

The Asia-Pacific region is expected to dominate the global steam trap valve market due to significant demand from various end-use industries such as chemical, power generation, food & beverages, and so on. Product developers in the region are creating innovative steam traps for use in bio industries. They aid in the production of pharmaceuticals and medical sterilisers, as well as the supply of clean steam.

How is Europe Contributing to Growth of the Steam Trap Valve Market?

According to Future Market Insights, Europe will provide enormous growth opportunities for steam trap valves, with Germany expected to drive the majority of regional growth. Extensive applications in the oil and gas industry keep steam trap valve sales afloat in Germany.

Countries such as Poland, Belgium, the United Kingdom, and the Czech Republic are also experiencing high demand for steam trap valves due to an increase in the power industry in these regions. Furthermore, these countries’ electronic industries are experiencing significant growth, creating favourable conditions for market growth.

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Key Segments Profiled in the Steam Trap Valve Industry Survey

Steam Trap Valve Market by Material Type:

  • Cast Iron Steam Trap Valve
  • Carbon Steel Steam Trap Valve
  • Alloy Steel Steam Trap Valve
  • Stainless Steel Steam Trap Valve

Steam Trap Valve Market by Product Type:

  • Thermodynamic Steam Trap Valve
  • Mechanical Steam Trap Valve
  • Ball Float Steam Trap Valve
  • Inverted Bucket Steam Trap Valve
  • Thermostatic Steam Trap Valve
  • Balanced Pressure Steam Trap Valve
  • Bimetallic Steam Trap Valve

Steam Trap Valve Market by End Use Industry:

  • Steam Trap Valve for Oil & Gas
  • Steam Trap Valve for Power Generation
  • Steam Trap Valve for Food & Beverages
  • Steam Trap Valve for Pharmaceutical
  • Steam Trap Valve for Pulp & Paper
  • Steam Trap Valve for Chemical Industry
  • Steam Trap Valve for Other End Use Industries

Steam Trap Valve Market by Application:

  • Drip-based Steam Trap Valve
  • Process-based Steam Trap Valve
  • Trip-based Steam Trap Valve

Steam Trap Valve Market by Region:

  • North America Steam Trap Valve Market
  • Latin America Steam Trap Valve Market
  • Western Europe Steam Trap Valve Market
  • Eastern Europe Steam Trap Valve Market
  • Asia Pacific Steam Trap Valve Market
  • Japan Steam Trap Valve Market
  • Middle East and Africa Steam Trap Valve Market

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Fireproof Insulation Market: Global Industry Overview and Competitive Landscape till 2026

Fireproof insulations are used to combat the spread of flames in case of fire disaster and helps in protecting the load bearing structure of the building, investments and human lives. The different types of material used in fireproof insulation are fiberglass, cellulose, mineral wool, polystyrene (EPS) and polyurethane foam.

Among these, fiberglass material accounts for major share in terms of consumption in global fireproof insulation market. This material is made by weaving fine glass strands and has the capability to minimise heat transfer.

Fiberglass material is a cost effective insulation material as compared to other material types. Fireproof insulation is used in building and construction sector and can be further classified as residential, industrial and commercial. It is also used to enhance the safety of naval ships.

ROCKWOOL International A/S, is a UK based leading manufacturer of insulation products. The company manufactures different fireproof products and systems by brand names FIREPRO, ROCKCLOSE, ROCKWOOL etc.

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Fireproof Insulation Market: Drivers and Restraints

The stringent government regulations for residential and industrial constructions to enhance the safety is the major driver for the growth of global fireproof insulation market. Industrialization and the rising construction activities in APEJ, Latin America and MEA regions is expected propel global fireproof insulation market growth.

Fireproof insulation helps in reducing heat transfer, thus maintains the temperature levels and energy consumption in the built structure. The consumer awareness regarding controlled energy consumption and side-effects of greenhouse gas emissions is anticipated to increase the consumption of fireproof insulation.

However, there is a lack of awareness regarding the importance of fireproof insulation in construction of buildings and no stringent fire safety regulations in the emerging economies, which might hamper the growth of global fireproof insulation market during the forecast period.

Fireproof Insulation Market: Region Wise Outlook

The global fireproof insulation market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America and Western Europe hold significant share in global fireproof insulation market. In the developed economies such U.S, UK and Germany, the construction activities are subject to stringent regulations and codes.

The industrial marine and shipbuilding industry is quite mature in these regions, which is anticipated to contribute major share in fireproof insulation market in these regions. The rising construction activities in the emerging clusters of APEJ region is anticipated to increase the share of this region in global fireproof insulation market.

In Japan, fireproof insulation is adopted in schools, hospitals, luxury apartments etc. and the consumption is expected to rise during the forecast period. Latin America fireproof insulation market is at nascent stage and is expected to project moderate CAGR over the forecast period.

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Fireproof Insulation Market: Key Players

Some of the key players in the global fireproof insulation market are as follows:

  • ROXUL Inc.
  • ROCKWOOL International A/S
  • CSR Building Products Ltd
  • BAUCOMEX CZ, s.r.o.
  • Jewson Limited
  • Combi Isolatie Tholen
  • Refractory Specialties Incorporated
  • airkrete
  • Arango Insulation

Fireproof Insulation Market: Segmentation

On the basis of material, the global fireproof insulation market can be segmented as follows:-

  • Fiberglass
  • Cellulose
  • Mineral Wool
  • Glass wool
  • Rock wool
  • Slag wool
  • Polystyrene (EPS)
  • Polyurethane Foam

On the basis of application, the global fireproof insulation market can be segmented as follows:-

  • Walls and Partitions
  • Cable Lines
  • Piping
  • Air Ducts
  • Storage Tanks
  • Supporting Structures

On the basis of end-use sector, the global fireproof insulation market can be segmented as follows:-

  • Industrial Building and Construction
  • Residential/ Commercial Building and Construction
  • Marine and Offshore

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

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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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Development In Industries Such As Automotive And Home Electronics Is Likely To Boost Tubular Heater Market Growth In Developed Regions Such As North America

Global tubular heater market demand is expected to be valued at US$ 1.25 billion in 2022, rising at a CAGR of 2% to US$ 1.50 billion from 2022 to 2032. From 2021 to 2022, the market is expected to grow at a 1.6% year on year rate, with a market valuation of US$ 1.23 billion in 2021.

The rising demand for tubular heaters from various end-use industries such as automotive, chemical, oil and gas, and others is propelling growth in this market. The single-ended segment is expected to dominate the global tubular heaters market during the forecast period. This is because it is less expensive and easier to install than double-ended tubular heaters.

Tubular heaters can be straight or have one or more bends. They are used for both air heating and immersion purposes. They are, however, most commonly used for immersion applications and are chosen for terminating, wattage, mounting options, lengths, and material composition.

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They are also widely used in commercial, industrial, and scientific settings. They are available in a range of diameters, electrical ratings, terminations, lengths, and sheath materials. Some of the most common applications for tubular heaters include metal mould platen heating, freeze protection, tank heating, medical & analytical device heating, thermoforming, rotisserie ovens, combi ovens, warming cabinets, steamers, conveyor ovens, convection ovens, fryers, smokers, griddles, ware washers, vacuum applications, radiant heating, circulation heating, and fluidized beds.

The heating element is made of standard protective tube materials such stainless steel, heat-resistant steel, or carbon (mild) steel. The heating element also has standard component elements such as magnesium oxide-terminal pins, a protective tube, and resistance wire.

Some Prominent Drivers Spearheading Tubular Heater Market Growth

Rising demand for heating equipment, as well as an increase in the number of green house plants, are expected to support tubular heater demand. Additionally, an increase in demand from end-use industries such as commercial, industrial, and scientific is expected to boost tubular heater demand.

Additionally, small-volume tube heaters produce more heat, which is expected to open up new opportunities for manufacturers. Heating components are an important part of most engineering heating systems. They also aid in the flow of energy from the system to generate heat. Because of their adaptability, their materials are ideal for direct heating applications.

Challenges Faced by the Tubular Heater Industry

Even though the demand for tubular heaters is growing among various end users, it has some limitations that are impeding market growth. They are not a cost-effective alternative due to the presence of metal material, which is relatively expensive. When compared to other heating systems, the exterior metal pipe may have an effect on heat loss and conduction. All of these factors are expected to dampen market growth.

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Asia-Pacific emerging as an Opportunistic Tubular Heater Market

Asia Pacific led the global market in 2017 and is expected to continue to do so throughout the forecast period. The region accounted for more than 30% of revenue due to significant demand from end-use sectors such as chemical, petrochemical, oil & gas, and power generation.

China is expected to remain a significant customer due to growing industrialization and increased government expenditures in energy-saving technology across several industry verticals.

North America Contributing to Growth of the Tubular Heater Market

Automotive and home electronics development is expected to boost market growth in developed regions such as North America. North America is quickly becoming a critical hub for global brand growth and innovation, making it an ideal location for the development and launch of cutting-edge technology products.

Market Competition

Some of the prominent market participants/vendors in the global tubular heater industry include:

  • Watlow
  • Chromalox
  • Friedr
  • Rotfil
  • Marathon Heater
  • Hotwatt
  • Acim Jouanin
  • Tutco
  • Inhe & Tesch
  • Thermo Heating Element LLC
  • Zhenjiang Dongfang Electric Heating Technology Co., Ltd.
  • Industrial Heater Corporation
  • Key Segments Profiled in the Tubular Heater Industry Survey

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Key Segments Profiled in the Tubular Heater Industry Survey

Tubular Heater Market by Type:

  • Single Ended Tubular Heaters
  • Double Ended Tubular Heaters

Tubular Heater Market by Material:

  • Copper Tubular Heater
  • Steel Tubular Heater
  • Stainless Steel Tubular Heater
  • Incoloy Tubular Heater
  • Inconel Tubular Heater
  • Titanium Tubular Heater

Tubular Heater Market by Form:

  • Liquid Tubular Heaters
  • Air Tubular Heaters
  • Solid Tubular Heaters

Tubular Heater Market by Application:

  • Tubular Heaters for Home Appliances
  • Tubular Heater for Electronics
  • Tubular Heater for Industrial Applications
  • Tubular Heater for Automotive
  • Tubular Heater for Chemical Industry

Tubular Heater Market by Region:

  • North America Tubular Heater Market
  • Latin America Tubular Heater Market
  • Western Europe Tubular Heater Market
  • Eastern Europe Tubular Heater Market
  • Asia Pacific Tubular Heater Market
  • Japan Tubular Heater Market
  • Middle East and Africa Tubular Heater Market

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Wine Cooler Market is Likely to Grow to a Revenue of US$ 4.42 Bn in 2032 | FMI

The Wine Cooler Market is anticipated to reach US$ 2 Bn in 2018, likely to surge at a vigorous 5.6% CAGR during the assessment period 2019 – 2029. The market will garner prominence on the back of heightened demand in hospitality, and food & beverages industries. Moreover, increased product launches owing to technological innovations is driving the market growth, finds a new Future Market Insights (FMI) report.

Attributes such as enhanced functionality and aesthetic appeal have contributed to the growth of wine cooler market. Internet of Things will play a pivotal role in product development through the projected period. Moreover, manufacturers continue to launch eco-friendly wine coolers to reinforce their sustainable practices.

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Key Takeaways of Wine Cooler Market Study

  • Food & beverages industry continues to generate substantial demand for wine coolers, with hospitality closing in.
  • Europe and North America collectively occupy approximately 66% of revenue share.
  • Consumers in developing countries will account for greater consumption of wine coolers through 2029.
  • Eco-friendly products will gain traction through the forecast period owing to increased government incentives and consumer preferences.

Heightened Per Capita Consumption of Wine Sustaining Growth of Wine Cooler MarketRising per capita consumption of wine amongst millennials is driving the growth of wine cooler market. Burgeoning hospitality industry in developing countries is soaring the demand for wine coolers.

Greater predilection of consumers towards enhanced product visibility and easy maneuverability is a significant growth contributor. Rising inclination towards energy-efficient wine coolers is fuelling the market growth. However, sales of new commercial wine coolers are restricted by demand for pre-used wine coolers. Most wine coolers are not equipped with door storage or adjustable shelves thereby limiting its functionality.

Innovation and Strategic Collaboration to Remain Pivotal for Industry LeadersGlobal wine cooler market is a fragmented landscape. FMI’s comprehensive study on wine cooler market features prominent market players including, but are not limiting to, Robert Bosch GmbH, Siemens AG, Viking Range, LLC, and Haier Group Corporation. Market leaders have escalated R&D activities to launch innovative wine coolers for stronger market foothold.

Wine coolers equipped with features such as multiple temperature zones, touchscreen panels, customized control settings for humidity and temperature have already infiltrated the market. Moreover, leading players continue to opt for strategic collaborations to foster their market presence.

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Wine Cooler Market: Segmentation
The global wine cooler market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Installation

  • Built-in
  • Countertop
  • Freestanding

End-use Industry

  • Commercial
  • Residential

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The Growing Demand For Contour Measuring Machines From The Medical Sector, Particularly During The Manufacturing Of Prosthetics And Robotic Joints, Is Driving Overall Demand

Contour measuring machines are generally used to evaluate the contour profile, radius, step height, pitch and angle during the production operations. Contour measuring machines are highly effective, reliable thereby providing ease of task. Moreover, handheld contour measuring machines are also available in the market.

Furthermore, the adoption of contour measuring machines enhances the productivity, performance and quality of components and works pieces.

In the global market, manufacturers are providing multi-functioning machines. These machines are capable of measuring contour along with surface measurement feature. This is further expected to have positive impact on the overall sale of contour measuring machines.

The technological innovation coupled with advancement in the contour measuring machines had also led to the increasing usage of automatic non-contact contour measuring machines. The non-contact contour measuring machines segment is expected to remain attractive in the global market throughout the forecast period. As the chances of errors in non-contact machines compared to contact ones have been considerably reduced.

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Global Contour Measuring Machines Market: Dynamics

The benefits such as enhanced productivity, performance and quality of components and works pieces provided by the contour measuring machines during the production process is projected to be the key driving factor in the growth of the market.

Moreover, the positive outlook of automotive, mechanical and electronic industry in the future is creating the way for the entry of new participants in the global market. This is expected to create additional demand for contour measuring machines in the future.

The growing demand for contour measuring machines from medical sector, mainly during the manufacturing of prosthetics and robotic joints, is propelling the overall demand for contour measuring machines.

Global Contour Measuring Machines Market: Regional Outlook

The global market for contour measuring machines is currently dominated by Asia Pacific. This can be attributed to the presence of huge numbers of components manufacturers in the region. The component manufacturers of automotive, mechanical & electronic industry are expanding their production capabilities owing to mounting demand from the region.

This is further expected to create healthy demand for contour measuring machines in the future. Moreover, the entry of new components manufacturers is further expected to create new demand for contour measuring machines in the future. Moreover, North America and Europe are also expected to hold noteworthy share in the global market.

The higher adoption of high precision parts and components in the region is expected to create significant demand for contour measuring machines in the future. Furthermore, the market in Latin America and Middle East & Africa is projected to witness low to moderate growth in the future.

This is mainly due to limited presence of manufacturers in the region. Additionally, the market in Middle East & Africa is highly import oriented in the component industry. So, the requirement of contour measuring machines will be quite less in the region.

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Global Contour Measuring Machines Market: Market Participants

In the global contour measuring machines market the market participants involved in the development and manufacturing of contour measuring machines are:

  • Mitutoyo Corporation
  • ZEISS Group
  • Mahr GmbH
  • JENOPTIK AG
  • DOSS S.r.l.
  • Heinrich Schneider Messtechnik GmbH
  • OptoTech Optikmaschinen GmbH
  • Sensofar
  • Kosaka Laboratory Ltd.
  • Inc.

The research report presents a comprehensive assessment of the Contour Measuring Machines market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated Contour Measuring Machines market data. It also contains projections using a suitable set of assumptions and methodologies.

The research report provides analysis and information according to Contour Measuring Machines market segments such as geographies, application, and industry.

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 factors on Contour Measuring Machines market segments and geographies.

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Global Contour Measuring Machines Market: Segmentation

Global contour measuring machines market can be segmented on the basis of product type, application, end use and region.

On The Basis Of Product Type, The Global Contour Measuring Machines Market Is Segmented As:

  • Contact Contour Measuring Machines
  • Non-Contact Contour Measuring Machines

On The Basis Of Application, The Global Contour Measuring Machines Market Is Segmented As:

  • Automotive Products
  • Mechanical Products
  • Electronic Products
  • Medical Products
  • Aerospace Products

On The Basis Of End Use, The Global Contour Measuring Machines Market Is Segmented As:

  • Laboratory Use
  • Industrial Use

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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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North America, The Automatic Glue Machine Market Will Expand Due To The Inclination Of Manufacturers Towards Technology

Automatic glue machines is an adhesive equipment commonly used in industries for gluing corrugated boxes, electronic and electrical components, and others. Automatic glue machines are computer controlled equipment with belt feeder, touch control or button control operations.

This adhesive equipment helps in achieving a combination of manual as well as automation work. Automatic glue machine’s dispensers are either of hot melt or water-based types, and they are use number of end-use sectors including electrical and electronics, aerospace and defense, automotive, construction, woodworking & packaging, plastic, medical & pharmaceuticals, and oil & gas.

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Automatic Glue Machine: Market Drivers and Challenges

A variety of automation equipment has changed the outlook of industrialization, and machine learning and automation intelligence (AI) is rapidly going mainstream. Automatic glue machine is one of the outcomes of this revolution which has greatly improved the productivity and efficiency of manufacturing companies, thereby saving a lot of labor cost.

Automatic glue machine minimizes the cost of production with accurate gluing eliminating human error and further relatively reducing scrap. Adoption of automatic glue machine reduces error and risk margin, optimizes production cycle and, subsequently, increasing the production in minimum time and with a lower use of adhesive material. This, in turn, will fuel the demand for the automatic glue machine market in the coming years.

Further, automatic glue machine is efficient, environmental friendly, and energy saving as they allow precise control of the amount of glue and positioning which results in zero waste. Furthermore, automatic glue machines enable proper stacking and reliable counting. Thus augmenting the demand for automatic glue machine market over the forecast period.

Among end-use industries, the packaging industry is estimated to account for a major share of the automatic glue machines market owing to its increasing demand in warehouses of e-commerce.

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In contrast, the high initial installation cost and the expensive maintenance might challenge the growth of the global automatic glue machines market. In case the automatic glue machine breaks down, the manufacturing or the packaging process gets interrupted, which hinders the productivity of the company.

Such factors are anticipated to restrict the growth of the global automatic glue machines market during the projected period.

Automatic Glue Machine: Regional Market Outlook

Collectively, India, China, Japan, and South East Asia and Pacific are anticipated to exhibit significant demand over the forecast period and hold a major share of the automatic glue machinemarket, owing to rapid urbanization and industrialization.

Asia Pacific is anticipated to maintain its dominating position over the forecast period as it is the home of the key suppliers and manufacturers. In North America, the automatic glue machinemarket will expand due to the inclination of manufacturers towards technology.

Glue contains harmful volatile organic compounds, thus the EEA (European Environment Agency) has established strict regulations on its use. As a result, Europe is expected to have a gradual growth of the automatic glue machinemarket. Also, due to similar reasons, manufacturers are strategically re-locating their manufacturing facilities in countries where regulations on volatile organic compounds (VOC’s) are either do not exist or are relaxed.

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Automatic Glue Machine: Key Market Players

The global automatic glue machine market is anticipated to be highly fragmented owing presence of numerous local manufacturers.  

Examples of some of the market participants in the global automatic glue machinemarket identified across the value chain include:

  • Nordson Corporation
  • Glue Machinery Corporation
  • OMAC S.R.L
  • Angeleri srl
  • Gluing Systems & Machinery Inc.
  • Resta srl
  • Mark Engineering
  • Kingsom Technology Co., Ltd.
  • Musahi Engineering, Inc.

The Automatic Glue Machine research report presents a comprehensive assessment of the Automatic Glue Machine 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 Automatic Glue Machine research report provides analysis and information according to market segments such as geographies, application, and industry.

The global Automatic Glue Machine 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 Automatic Glue Machine report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Automatic Glue Machine market attractiveness as per segments. The Automatic Glue Machine report also maps the qualitative impact of various market factors on market segments and geographies.

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Automatic Glue Machine: Market Segmentation

On The Basis Of Product Type, The Global Automatic Glue Machinemarket Can Be Segmented Into The Following:

  • Hot Melt Dispenser
  • Water-based Glue Dispenser

On The Basis Of End Use, The Global Automatic Glue Machinemarket Can Be Segmented Into The Following:

  • Electrical and Electronics
  • Aerospace and Defense
  • Automotive
  • Construction
  • Woodworking & Packaging
  • Plastic
  • Medical & Pharmaceuticals
  • Oil & Gas

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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