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johnrobert · 2 years ago

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Europe Fixed Displacement Refrigeration Compressor Market to Witness Huge Growth by 2026 | Size, Trends, Applications, Types, End-User

"Fixed Displacement Refrigeration Compressor Market Research Scenario 2022:

Recent published Fixed Displacement Refrigeration Compressor Market research report by Size, Share, Trends, Outlook, and Analysis By Type, By Application, By Leading key players which is [BITZER, J & E Hall International, Carlyle Compressors, FISCHER Spindle Group AG, FRASCOLD, Emerson Commercial & Residential Solutions, GEA Bock, Frick by Johnson Controls, Grasso International, Fusheng Industrial, Officine Mario Dorin Spa, TECUMSEH, Secop GmbH, Termotek GmbH, RefComp]

This Fixed Displacement Refrigeration Compressor Market research collects data about the customers, marketing strategies, and competitors. The Fixed Displacement Refrigeration Compressor industry is rapidly becoming dynamic and innovative, with a significant number of players coming into the industry. This study provides historical data from 2015 alongside a forecast from 2022 to 2026.

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Fixed Displacement Refrigeration Compressor Market Research report has been intelligently framed with the process of gathering and calculating numerical data regarding services and products. This research focuses on the idea to aim at your targeted customer’s needs and wants. The report also indicates how effectively a company can meet its requirements.

Topmost Leading Manufacturer Covered in this report: BITZER, J & E Hall International, Carlyle Compressors, FISCHER Spindle Group AG, FRASCOLD, Emerson Commercial & Residential Solutions, GEA Bock, Frick by Johnson Controls, Grasso International, Fusheng Industrial, Officine Mario Dorin Spa, TECUMSEH, Secop GmbH, Termotek GmbH, RefComp

The report is a detailed and comprehensive analysis of Fixed Displacement Refrigeration Compressor market. Both quantitative and qualitative analyses are presented by manufacturers, by region and country, by Type, and by Application. As the market is constantly changing, this report explores the competition, supply, and demand trends, as well as key factors that contribute to its changing demands across many markets.

Key Market Segmentation:

We provide an analysis of the key trends in each sub-segment of the Fixed Displacement Refrigeration Compressor Market, along with forecasts at the global, regional, and country-level from 2022-2026. Our report has categorized the market based on Types, End-user, applications, etc.

Market Segmentation by Types: High Temperature Refrigeration Compressor Medium Temperature Refrigeration Compressor Low Temperature Refrigeration Compressor Other

Market Segmentation by Application: Commercial Industrial

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Market Segmentation by Region:

North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

The report includes an analysis of the impact of COVID-19 Restrictions and strict rules on the revenue of Fixed Displacement Refrigeration Compressor market leaders, followers, and disrupters. Since lockdown was implemented differently in different regions and countries, the impact of the same is also distinguishable by regions and segments. The report has covered the current short-term and long-term effects on the market, some will help decision-makers to prepare the outline for short-term and long-term strategies for companies by region.

Key Questions Answered in This Report:

What are the various stages in the value chain of the industry?

What are the key driving factors and challenges in the industry?

What has been the impact of COVID-19 on the Fixed Displacement Refrigeration Compressor market?

What is the structure of the Fixed Displacement Refrigeration Compressor market and who are the key players?

What is the degree of competition in the industry?

What are the key regional markets?

How has the Fixed Displacement Refrigeration Compressor Market performed so far and how will it perform in the coming years?

View Full Report @ https://www.marketresearchupdate.com/industry-growth/global-fixed-displacement-refrigeration-compressor-industry-182582

Reasons to Purchase the Fixed Displacement Refrigeration Compressor Market Report:

The report includes a lot of information such as market dynamics scenario and opportunities during the forecast period.

Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.

Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.

The competitive landscape comprises a share of key players, new developments, and strategies in the last three years.

Comprehensive companies offer products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.

Customization:

We also provide customized reports according to customer's specific requirements. We also provide customization for regional and country-level reports individually.

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marketingreportz · 3 months ago

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Biopolymers Market - Forecast(2024 - 2030)

Biopolymers Market Overview

The Biopolymers Market size is projected to reach US$27.5 billion by 2030, after growing at a CAGR of 11.5% over the forecast period 2024–2030. The various benefits associated with the biopolymers such as polyesters, polylactic acid, polyhydroxy butyrate, polybutylene succinate and more include biocompatibility, biodegradability, renewability and more. These benefits make biopolymers a sustainable replacement for petroleum-derived materials. The bolstering food & beverage industry, including poultry products, dried food and more is the primary factor driving the biopolymers market growth. For instance, the FAO’s food outlook published in June 2023 expects global poultry meat production to reach more than 142 million mt, a 1.3% increase compared to 2022’s value. However, The COVID-19 pandemic resulted in restrictions affecting various aspects of the supply chain, including logistics, which had a detrimental impact on production activities in the biopolymers industry. Following the pandemic, government measures aimed at rejuvenating production activities played a crucial role in fueling the recovery and growth of the biopolymers industry. Moreover, the growth of the medical and healthcare industry is fueling the demand for biopolymers. As a result, the biopolymers market size will grow throughout the forecast period.

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Report Coverage-The “Biopolymers Market Report — Forecast (2024–2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Biopolymers Market.

By Type: Bio-based Polyesters [Polylactic Acid (PLA), Polyhydroxybutyrate (PHB), Polybutylene Succinate (PBS), Polybutylene Succinate Adipate (PBSA), Polytrimethylene Terephthalate (PTT) and Others], Bio-based Polyolefins, Bio-based Polyamides (Bio-PA) (Homopolyamides, Bio-PA 6, Bio-PA 11, Copolyamides and Others), Polyurethanes, Polysaccharide Polymers (Cellulose-based Polymers and Starch-based Polymers) and Others.

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By Molding Process: Extrusion, Injection, Melt compounding and Others.

By Application: Packaging (Rigid Packaging and Flexible Packaging), Fibers, Paper & Cardboard Coatings, Agricultural Seed Coatings, Automotive Interiors & Exteriors, Medical Implants, Circuit Boards, Insulators, Laminates and Others.

By End-use Industry: Food & Beverage (Fresh Food, Bakery, Frozen Food, Dried Food, Poultry Products, Dairy Products, Confectionery, Alcoholic Beverages, Non-alcoholic Beverages and Others), Medical & Healthcare (Pharmaceuticals, Medical Devices and Others), Agriculture, Consumer Electronics (Computers, Smartphones, Refrigerators and Others), Automotive [Passenger Vehicles (PV), Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV)], Textile, Aerospace (Commercial, Military and Others), Building & Construction (Residential, Commercial, Industrial and Others) and Others

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World [Middle East (Saudi Arabia, UAE, Israel and Rest of Middle East) and Africa (South Africa, Nigeria and Rest of Africa)]

Key Takeaways

• Europe dominated the Biopolymers Market, owing to the growth of the fresh food industry in the region. For instance, according to the Federal Statistical Office of Germany,roughly 6,100 agricultural holdings in Germany harvested a total 3.8 million tonnes of vegetables in 2022.

• The government initiatives for green initiatives are fuelling the demand for Biopolymers such as polyesters, polyethylene and more are driving the market growth.

• Moreover, the increasing adoption of Biopolymers in packaging applications is also accelerating market growth.

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Biopolymers Market Segment Analysis — by Application

The packaging segment held the largest Biopolymers Market share in 2023 and is estimated to grow at a CAGR of 10.4% over the forecast period 2024–2030. Biopolymers such as polyesters, polylactic acid, polyhydroxybutyrate and more are frequently deployed in packaging because they enhance the shelf-life of the product and also it reduces the overall carbon footprint related to food packaging. The films composed of biopolymers such as polysaccharides and protein-composed increase mechanical and optical properties. As a result, biopolymers packaging is employed across various end-use industries, including food & beverages, medical & healthcare and more. Thus, owing to the above-mentioned benefits, the adoption of biopolymers is surging in packaging applications, which is accelerating market growth.

Biopolymers Market Segment Analysis — by End-use Industry

The food & beverage segment held a significant Biopolymers Market share in 2023. The key properties of biopolymers are high strength, lightweight and heat resistance. As a result, biopolymers are frequently used in the food and beverage industry. Moreover, due to their superior quality, functionality, affordability and composability, they are an ideal replacement for single-use plastic food & beverage packaging. The surging development of food & beverage facilities, governmental initiatives and others are the crucial variables propelling the food & beverage industry’s growth. For instance, according to Invest India, the food processing sector in India is one of the world’s largest, with output anticipated to reach US$535 billion by 2025–2026. Hence, the growth of the food & beverage industry is expected to fuel the demand for biopolymers. As a result, the market growth will accelerate during the upcoming years.

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Biopolymers Market Segment Analysis — by Geography

Europe is the dominating region as it held the largest Biopolymers Market share in 2023. The economic growth of Europe is driven by the growth of the various industries, including food and beverage, medical & healthcare and other similar industries. The food and beverages industry growth are vital for food security in the European region. For instance, according to Food Drink Europe, the food and drink industry in Europe produced a 107.7 production index in the fourth quarter of 2022 and a 109.2 production index in the first quarter of 2023, an increase of 1.4 percent. Also, according to the European Union, in 2022, the production of fruits in the European Union countries was about 35.9 million metric tons and out of this, apples and pears production were the highest at 14.7 million metric tons, which was 40.9% of the total fruit production. Therefore, the booming food & beverage industry in Europe is boosting the demand for biopolymers. This, in turn, is proliferating the biopolymers market size growth.

Biopolymers Market Drivers Government Initiatives for Biopolymers

The transformation of the current linear material system into a circular economy necessitates national and international legislation. This is due to the globalized industry’s complex worldwide supply chains. Governments at the global level are taking initiatives for biopolymers. For instance, In March 2023, the European Commission adopted a policy framework on biobased, biodegradable, and compostable plastics, marking an initiative to drive the biopolymers market. Aligned with the European Green Deal, this non-legislative framework aimed to clarify environmental benefits, set strict standards, and guide future policies on green claims, ecodesign, carbon removal, and microplastics. Thus, the growing government initiatives for biodegradable packaging are driving the demand for biopolymers, which is aiding market growth.

Growth of the Medical Devices Industry

In the production of medical devices such as replacement joints, heart valves, arteries, teeth, tendons, ligaments and eye lenses, biopolymers are used to replace or repair some diseased, damaged, or non-functional pieces of tissue or bone. Factors such as technological improvements in medical equipment and an aging population are accelerating the medical device industry’s growth. For instance, in global comparison, most revenue will be generated in the United States US$182.00bn in 2024. Thus, the growth of the medical device industry is boosting the demand for biopolymers, which, in turn, is driving market growth.

Biopolymers Market Challenge Higher Cost Associated with Biopolymers

Biopolymers such as polyesters, polylactic acid, polyhydroxy butyrate and more have the advantage of easy disposable and regeneration. However, one disadvantage of biopolymers is that they necessitate the use of expensive industrial processors and composters, particularly for those that must be broken down at high industrial temperatures. For instance, according to Plastmart, the major drawback of biopolymers is their higher price tag when compared to traditional polymers. While the typical, conventional polymers cost between US$1000 and US$1500 per metric tonne (MT), biopolymers can cost anywhere from US$4000 to US$15,000 per MT for materials like polyhydroxy butyrate. Therefore, the high price associated with biopolymers may restrict the growth of the biopolymers industry in the coming years.

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Biopolymers Industry Outlook

Technology launches, acquisitions and increased R&D activities are key strategies adopted by players in the Biopolymers Market. The top 10 companies in the Biopolymers market are

Recent Developments:

• In October 2023, Braskem opened a Tokyo office, advancing bio-based solutions in the biopolymers market. With over 15 years in Japan, it reflects their commitment to sustainability. Concurrently expanding in Brazil and Thailand, Braskem focuses on delivering low-carbon alternatives globally.

• In August 2022, DSM Engineering Materials launched StanylB-MB (Bio-based Mass Balanced), a more environmentally friendly version of its mainstay polyamide (PA) product that contains up to 100% bio-based material. It enables DSM Engineering Materials to halve the carbon footprint of this product line.

• In June 2022, a global polymer manufacturer based in Germany launched VerdessenceTM RiceTouch, a new biopolymer used for various personal care products.

Relevant Reports

Polymers Market — Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Bio-Based Construction Polymers Market — Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Bio-based Polymer Market — Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

For more Chemicals and Materials Market reports, please click here

#Biopolymers #SustainableMaterials #GreenChemistry #EcoFriendly #Bioplastics

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communicationblogs · 3 months ago

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Argon Gas Market — Forecast(2024–2030)

Argon Gas Market Overview

Argon gas finds extensive use in electronics manufacturing, particularly in the production of semiconductors and other electronic components. The trend is driven by the need for a controlled atmosphere during processes like sputtering and plasma etching. The semiconductor industry’s continuous growth is propelling the demand for high-purity Argon, contributing to market expansion. The healthcare sector is increasingly adopting Argon gas for medical applications, including cryopreservation and laser surgeries. Argon’s inert properties make it suitable for preserving biological samples, while its use in medical lasers ensures precision and minimal tissue damage. With advancements in medical technology, the healthcare industry is becoming a significant consumer of Argon gas, driving market growth.

Impact of Covid-19

The consequences of the pandemic are altering Argon Gas Markets, as some manufacturers are either shutting down or reducing their supply due to a lack of demand from the downstream industry. Thus, this has led to a decline in the market growth for argon gas over the year 2024–2030.’

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Argon Gas Market Report Coverage

The: “Argon Gas Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Argon Gas Market.

By Grade: Food Grade, Industrial Grade, Scientific Grade, and Others

By Mixture: Argon-carbon dioxide, Argon-oxygen, Argon-nitrogen, Argon-hydrogen, and Others

By Function: Insulation, Illumination, and Cooling

By Application: Manufacturing & Fabrication, Lighting, 3-D printing, Lasers, Gas discharge tubes, Cinematography, Refrigeration, Windows, Tire

By End-Use Industry: Chemical Industry, Healthcare Industry, Transportation Industry, Food & Beverage Industry, Electrical & Electronics Industry, and Others

By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

● The Asia Pacific region dominated the argon gas market due to the rapidly growing fabrication industries and the rising demand for argon gas from the food & beverage and healthcare sectors.

● Increasing use of argon gas owing to its greater thermal protection properties than air, for filling the dry suits used for scuba diving is anticipated to increase the demand for the argon gas market in the forecast period.

● Since Argon gas provides the inert atmosphere needed for rapid material cooling and heating, it is used in the electronics industry for the manufacture of semiconductors, flat panels, solar PV cells and microelectronic devices.

● Rising cause of inert gas asphyxiation among the workers by the consumption of argon gas in the absence of oxygen is anticipated to decline the growth of the market.

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Argon Gas Market Segment Analysis — By Grade

Industrial grade held the largest share in the argon gas market in 2023. In MIG and TIG welding methods and plasma cutting applications due to its high density and absolute inertness, industrial-grade argon gas is widely used as a welding gas. Industrial-grade argon gas is supplied in gas bottles and cylinders of various sizes to suit consumer needs. Industrial-grade argon gas has many different applications in many industries. The most common application is either in pure form or as part of different mixtures, as a shielding gas for arc welding. Industrial-grade argon gas is one of the major gases for incandescent (filament) lamps, phosphorescent tubes, and thyratron radio tubes used in filling mixtures. Thus, with the rising demand for industrial-grade argon gas, the overall market is anticipated to rise in the forecast period.

Argon Gas Market Segment Analysis — By Mixture

Argon-carbon dioxide mixture is widely used in the argon gas market. Argon-carbon dioxide is a colorless, odorless, and non-flammable gas mixture. Argon mixtures with carbon dioxide are universal and are ideal for low-treated and stainless steel welding. One of the key composite components of safe welding mixtures is argon. Protective gas protects the electrode, metal, and hot metal near the welding seam from the ambient air as well as enhances the welding process and increases the welding characteristics. Argon-carbon dioxide blends can be used to incorporate a large spectrum of material thicknesses with a number of metal transition modes. With the rising use of argon-carbon dioxide mixture due to its unique properties, the market for argon gas is estimated to rise over the projected period.

Argon Gas Market Segment Analysis — By Function

Insulation function is highly preferred in the argon gas market. Argon serves as a barrier to prevent the indoor heat from escaping, like most insulating materials. But unlike most gases, the higher density of argon has greater thermal efficiency. This slow-moving gas, keeping heat loss to a minimum, allows less convection. To improve the energy consumption and general performance of thermal windows, argon gas is used. Insulated windows that are filled with argon gas are less likely to produce condensation. This is particularly true in areas of high humidity, such as the kitchen and the bathroom. Although good energy conservation could be demonstrated by fogging on the exterior surface of the glass, excessive humidity could result in water damage. With argon, to prevent it from sweating, the middle and the edges of the window glass will remain above the dew mark.

Argon Gas Market Segment Analysis — By Application

Manufacturing & Fabrication sector held the largest share in the argon gas market in 2023 and is projected to grow at a CAGR of 4.7% during the forecast period 2024–2030. During arc welding, it is often used as a shielding gas, because it shields the metal that is being worked on from oxygen. TIG, which stands for ‘tungsten inert gas’, utilizes both pure argon and argon mixtures. Argon decreases the chromium losses in the manufacture of steel in a converter, ensuring the desired carbon content can be reached at a lower and lower temperature. In aluminum processing, argon is often used to extract and degasify hydrogen. Also, cryogenic fractional distillation is used for producing argon gas of high purity, which is further used for the manufacturing and fabrication of semiconductor devices. Therefore, the rising demand for argon gas from the manufacturing and fabrication sector will drive the market demand for argon gas to grow in the forecast period.

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Argon Gas Market Segment Analysis — By End-Use Industry

Automotive industry held the largest share of the argon gas market in 2023. Argon, due to its inert properties, is used in a wide variety of applications to help improve quality as well as maximize performance and yield in the manufacture of automotive parts. Owing to its alluring properties such as reduction or elimination of surface oxidation, improvement in part quality, decreasing scrap, and increasing efficiency and yields, it is used in a wide range of applications across automotive component manufacturing such as for welding, thermal, and plasma spraying, 3D printing, quenching, and others. Also, the most exotic use of argon is in the tires of luxury vehicles. Not only does the gas shield the tires from an oxygen attack, but it also provides less tire noise while the vehicle is moving at speed. With the rising automotive industry, the application of argon gas in the production of automotive components will also increase. According to the Association of Automobile Manufacturers (CAAM), China’s auto exports reached a record high of 4.91 million vehicles in 2023, up 57.9 percent year over year, as the nation’s automakers increased their global footprint. Thus, the rising demand for argon gas from the automotive industry is further estimated to raise the market growth.

Argon Gas Market Segment Analysis — Geography

Asia Pacific held the largest share with 32% in the argon gas market in 2023. China, India, and Australia are expected to have the fastest as well as the largest argon gas market due to the increasing demand for argon gas in the food & beverage and healthcare industries across the region during the forecast period. According to the India Brand Equity Foundation, the healthcare sector in India is considered one of the largest sectors both in terms of revenue and employment. Also, the healthcare market is anticipated to increase by US$ 133.44 billion by 2022. According to the USDA Foreign Agricultural Service, in 2022, the value of Australian consumer-oriented imports — which include fish and seafood — totaled US$14.5 billion. These imports included snack foods, cereals for breakfast, meat and poultry, dairy, eggs, and products, as well as fresh and processed fruits and vegetables, fruit juices, nuts, wine, beer, nursery products, and pet food. Thus, the rising growth of food & beverage and healthcare industries in various countries is therefore anticipated to increase the argon gas market in the forecast period.

#research #marketing #reseach marketing #chemicals #argonian

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trendingreportz · 3 months ago

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Refrigerant Oil Market - Forecast(2024 - 2030)

Overview

The Refrigerant Oil Market size is forecast to reach USD $1.6 billion by 2030, after growing at a CAGR of 4.3% during the forecast period 2024-2030. Refrigerant Oil is a high-temperature formulation of a mixture of oil and additives devised for usage in cooling systems. It acts as a lubricant in refrigeration compressors, derived from both mineral and synthetic oil in order to lubricate or reduce friction of metal parts and wear on the compressor. The product flows under high pressure to turn from liquid to vapor state to generate a cooling effect due to its special characteristics such as better chemical and thermal stability, low contamination, low pour point, high dielectric strength and viscosity. Global environmental regulations, such as the Montreal Protocol and subsequent amendments like the Kigali Amendment, are driving the phase-out of high-GWP refrigerants like hydrofluorocarbons (HFCs). This shift is propelled by the need to curb greenhouse gas emissions and combat climate change. Low-GWP refrigerants, including hydrocarbons, natural refrigerants (like ammonia and CO2), and hydrofluoroolefins (HFOs), are gaining prominence due to their significantly reduced impact on global warming compared to their predecessors. The HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) sector is witnessing consistent growth globally, driven by urbanization, industrialization, and an increasing focus on indoor comfort and air quality. HVACR systems, including air conditioning units, heat pumps, and refrigeration equipment, rely on Refrigerant Oils for effective operation and lubrication of components like compressors, motors, and heat exchangers. Commercial buildings, industries, hospitals, and data centers require sophisticated HVACR systems for temperature control, preservation of goods, and maintaining optimal working environments.

Report Coverage

The report “Refrigerant Oil Market– Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Refrigerant Oil Market. By Type of Oil: Mineral Oil, Synthetic Oil and Others. By Refrigerant Type: Chlorofluorocarbon (CFC), Hydro-chlorofluorocarbon (HCFC), Hydrofluorocarbon (HFC), Ammonia, HFO, Butane and Iso Butane, Propane and Others By Application: Refrigerator & Freezer, Air conditioners, Automotive AC System, Aftermarket and Others By Geography: North America, South America, Europe, APAC, and RoW.

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Key Takeaways

Asia Pacific region is expected to maintain its dominance during the forecast period.

The key factor driving the growth of the global Refrigerant Oil market is the increasing consumption of frozen and packaged food products.

Refrigerant Oil exhibits high viscosity, low pour point, and is contamination-free due to which the market is expected to grow during the forecast period.

By Type of Oil - Segment Analysis

Synthetic Oil segment held a significant share in Refrigerant Oil market in 2023. This dominance is attributed to its high performance in extreme conditions, superior viscosity index, high shear stability, and enhanced chemical resistance in comparison to mineral oil. Additionally, synthetic oil lasts longer and is compatible with low GWP and modern refrigerants such as NH3, HFO, and CO2. The growth is attributed to the increasing demand for POE and PGA in ammonia and CO2 refrigeration systems. On the other hand, the mineral oil offers more benefits over the synthetic oil, which leads to its use as a thermal fluid in mechanical and industrial applications.

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By Application - Segment Analysis

Building Refrigerator & Freezer segment held a significant share in Refrigerant Oil market in 2023 growing at a CAGR of 4.5% during the forecast period. This growth is attributed to the growing demand for perishable food products due to the changing lifestyle of people in developed and developing regions and growth in trade of food products. The rising sales of refrigerators & freezers are anticipated to drive the growth of the market over the forecast period. Compressor Oil is designed to provide long service life in most compressor applications. Moreover, air conditioners segment is expected to have a significant growth during the forecast period due to installation of air conditioners in vehicles, residences, centralized systems in offices and in industries. However, consumer electronics companies plan to increase prices of refrigerators, air-conditioners, microwave ovens and washing machines due to higher component prices amid short supplies from coronavirus-hit China.

By Geography - Segment Analysis

Asia Pacific dominated the Refrigerant Oil market with a share of more than 32%, followed by North America and Europe. The increasing population in the region and the rising demand for refrigerators, freezers, air conditioners, and automobiles in the emerging markets of APAC, such as China and India, are some of the major factors projected to drive the demand for Refrigerant Oil in the region. Furthermore, the improving lifestyle, increasing employment rate, rising disposable income of the people, and mounting foreign investments in various sectors of the economy are some of the other factors that make APAC an attractive market for Refrigerant Oil manufacturers.

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Drivers – Refrigerant Oil Market

Growing Demand for Environmentally Friendly Oils

Stringent EU Consumer and industry preferences are increasingly inclined towards sustainable and eco-friendly products. This extends to refrigeration systems where there's a growing preference for oils derived from renewable sources or with minimal environmental impact. Manufacturers are responding to this demand by developing Refrigerant Oils derived from bio-based or synthetic sources that offer lower GWP, reduced toxicity, and improved biodegradability. Many industries are incorporating sustainability into their operational strategies. This includes using Refrigerant Oils that align with their sustainability commitments and promote environmentally responsible practices.

Cold chain logistics have sparked an interest in refrigeration equipment and in turn Refrigerant Oil

Changing food habits coupled with spending capacity have resulted in a number of licensed and franchised stores of limited services restaurants such as McDonald’s and Subway, KFC and local services and is driving demand for frozen and chilled food products. Moreover, storage of medical products (such as vaccines, other medical products, etc.) is expected to increase demand for refrigeration systems. Hence, it is expected to increase installation of refrigeration equipment in warehouses as well as in vehicles for distribution.

Challenges – Refrigerant Oil Market

Inadequate Source: Expert Insights & IndustryARC Analysis

Stringent regulations Various government organizations are trying to enforce amendments over the industries to reduce the use of HCFCs and CFCs in refrigeration system until 2030 by A5 countries in order to identify such refrigerants as obsolete. Thus, stringent government regulations are expected to hinder the Refrigerant Oil market. Moreover, ammonia is not compatible with copper, so it cannot be used in any system with copper pipes. Release of ammonia due to excess water within the system freezing, causes broken pipes and equipment.

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Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Refrigerant Oil market. in 2023, The major players in the Refrigerant Oil market are Exxon Mobil Corporation, Shell PLC, FUCHS, Idemitsu Kosan Co. Ltd, Petronas International Limited, BP p.l.c., Sinopec Group, Johnson Controls, Japan Sun Oil Company, Ltd., Isel Inc. and Others.

Developments:

In August 2023, The Japanese lubricating oil manufacturer Sun Oil Co. launched a mineral Refrigerant Oil that works with most refrigerants.

In September 2022, Tata Motors announced the launch of the 5W30 synthetic engine oil, which is specifically intended to enhance the performance of the BS6 diesel engines.

#refrigerant oil market #refrigerant oil market size #refrigerant oil market share #refrigerant oil market report #refrigerant oil market analysis #refrigerant oil market research #refrigerant oil market forecast #Polyolester oil #Polyalkylene glycol #Polyvinyl Ether Oil

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trendingrepots · 3 months ago

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Biopolymers Market - Forecast(2024 - 2030)

Biopolymers Market Overview

The Biopolymers Market size is projected to reach US$27.5 billion by 2030, after growing at a CAGR of 11.5% over the forecast period 2024-2030. The various benefits associated with the biopolymers such as polyesters, polylactic acid, polyhydroxy butyrate, polybutylene succinate and more include biocompatibility, biodegradability, renewability and more. These benefits make biopolymers a sustainable replacement for petroleum-derived materials. The bolstering food & beverage industry, including poultry products, dried food and more is the primary factor driving the biopolymers market growth. For instance, the FAO’s food outlook published in June 2023 expects global poultry meat production to reach more than 142 million mt, a 1.3% increase compared to 2022’s value. However, The COVID-19 pandemic resulted in restrictions affecting various aspects of the supply chain, including logistics, which had a detrimental impact on production activities in the biopolymers industry. Following the pandemic, government measures aimed at rejuvenating production activities played a crucial role in fueling the recovery and growth of the biopolymers industry. Moreover, the growth of the medical and healthcare industry is fueling the demand for biopolymers. As a result, the biopolymers market size will grow throughout the forecast period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage

The "Biopolymers Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Biopolymers Market.

By Molding Process: Extrusion, Injection, Melt compounding and Others.

Key Takeaways

• The government initiatives for green initiatives are fuelling the demand for Biopolymers such as polyesters, polyethylene and more are driving the market growth.

• Moreover, the increasing adoption of Biopolymers in packaging applications is also accelerating market growth.

• However, the high cost of the Biopolymers is expected to create a retrain for the market growth during the projected forecast period.

Biopolymers Market Segment Analysis – by Application

The packaging segment held the largest Biopolymers Market share in 2023 and is estimated to grow at a CAGR of 10.4% over the forecast period 2024-2030. Biopolymers such as polyesters, polylactic acid, polyhydroxybutyrate and more are frequently deployed in packaging because they enhance the shelf-life of the product and also it reduces the overall carbon footprint related to food packaging. The films composed of biopolymers such as polysaccharides and protein-composed increase mechanical and optical properties. As a result, biopolymers packaging is employed across various end-use industries, including food & beverages, medical & healthcare and more. Thus, owing to the above-mentioned benefits, the adoption of biopolymers is surging in packaging applications, which is accelerating market growth.

Biopolymers Market Segment Analysis – by End-use Industry

The food & beverage segment held a significant Biopolymers Market share in 2023. The key properties of biopolymers are high strength, lightweight and heat resistance. As a result, biopolymers are frequently used in the food and beverage industry. Moreover, due to their superior quality, functionality, affordability and composability, they are an ideal replacement for single-use plastic food & beverage packaging. The surging development of food & beverage facilities, governmental initiatives and others are the crucial variables propelling the food & beverage industry's growth. For instance, according to Invest India, the food processing sector in India is one of the world’s largest, with output anticipated to reach US$535 billion by 2025-2026. Hence, the growth of the food & beverage industry is expected to fuel the demand for biopolymers. As a result, the market growth will accelerate during the upcoming years.

Biopolymers Market Segment Analysis – by Geography

#Biopolymers Market price #Biopolymers Market size #Biopolymers Market share

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industryinsightsandanalysis · 4 months ago

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Zeolites Market is expected to display a steady growth of 4% due to the rise in use in the detergent industry

According to a new report published by UnivDatos Markets Insights, the Zeolites Market is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Type (Natural, Synthetic); Function (Ion-Exchange, Molecular Sieve, Catalyst); Application (Adsorbents, Catalysts, Detergent Builders, Construction & Building Materials, Animal Feed, Wastewater Treatment, Soil Remediation, Others.); Region/Country.

The zeolites market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the zeolites market. The zeolites market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the zeolites market at the global and regional levels.

Market Overview

Zeolites are microporous, three-dimensional crystalline solids of aluminum silicate. Zeolites have small openings of fixed size in them which allow small molecules to pass through them easily, but larger molecules cannot pass through them; that is why they are sometimes called molecular sieves. In addition, Zeolite is a crystalline solid structure composed of silicon, aluminum, and oxygen. They are microporous, crystalline-hydrated aluminosilicates, obtained by hydrothermal crystallization of aluminosilicate gels. Their porous structure makes them suitable for use in detergents, petrochemistry, nuclear technology, refrigeration technology, concrete, and others.

Factors such as increasing use in the detergent industry coupled with the rising concerns associated with hygiene, and product launches in the market are some of the prominent factors that are positively influencing the market growth globally.

Some of the major players operating in the market include BASF SE, Honeywell International Inc., Tosoh Corporation, Arkema Group, Zeochem AG, Clariant AG, Zeolyst International, W.R. Grace & Co., KNT Group, Gordes Zeolite.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted industries and has transformed the way industries are delivered. The zeolites market has been significantly affected during these times owing to the delay in the supply chain during the pandemic.

The global zeolites market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

and others. The adsorbents category is expected to witness significant adoption of zeolites during the forecast period. This is mainly due to the rising demand from industrial gas drying applications. Since synthetic zeolites are used for the removal or separation of H2O, CO2, and SO2 from low-grade natural gas or noble gases or formaldehyde from natural gas streams. This is further used in liquid or gas phase separation processes as adsorbent. Thus, the demand for adsorbents is increasing in various industries

Zeolites Market Geographical Segmentation Includes:

North America (U.S, Canada, and Rest of North America)

Europe (Germany, U.K, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the high demand from China, Japan, Indonesia, and India. The growth of the Asia-Pacific zeolite market is attributed to the region's rapid urbanization and ever-changing lifestyles. In addition, the growing demand for automobiles in the region has led to high consumption of petroleum products such as gasoline and diesel, thus increasing the demand for fluid catalytic cracking (FCC) catalysts. Furthermore, zeolites are increasingly used in the production of lightweight building materials and are an important factor in the production of asphalt concrete.

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The major players targeting the market include

BASF SE

Honeywell International Inc.

Tosoh Corporation

Arkema Group

Zeochem AG

Clariant AG

Zeolyst International

W.R. Grace & Co.

KNT Group

Gordes Zeolite

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the zeolites market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the zeolites market?

• Which factors are influencing the zeolites market over the forecast period?

• What are the global challenges, threats, and risks in the zeolites market?

• Which factors are propelling and restraining the zeolites market?

• What are the demanding global regions of the zeolites market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

Browse Related Newsletter from UnivDatos Market Insights

Titanium Dioxide Market - SWOT Analysis [2023-2028]

Recycled Carbon Fiber Market - SWOT Analysis [2023-2028]

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robertemma27-blog · 6 months ago

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HVAC controls market in Asia Pacific to hold the highest market share during 2022-2027

HVAC controls market report share is estimated to be USD 17.2 billion in 2022 and is projected to reach USD 26.7 billion by 2027; it is expected to grow at a CAGR of 9.2% from 2022 to 2027.

APAC is expected to lead the global HVAC controls market. China held the largest size of the HVAC controls market in APAC in 2021. In February 2021, Carrier China signed a contract worth USD 17 million (RMB 100 million) with China Eastern Airlines Investment Co., Ltd. (CES Investment) to provide XCT7 variable refrigerant flow (VRF) systems for commercial offices and residential projects throughout China. The contract is one of the largest single VRF contracts that Carrier has ever signed, representing a new milestone for Carrier Chinas Light Commercial business.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=130456761

Top Key Players: Honeywell International Inc. (US), Johnson Controls (US), Siemens (Germany), Carrier (US), Emerson Electric Co. (US), Schneider Electric (France), Trane Technologies plc, (US), DAIKIN INDUSTRIES (Japan), Delta Controls (Canada), Distech Controls (Canada), Danfoss (Denmark), Lennox (US), Fr. Sauter AG (Switzerland), LG Electronics (South Korea), Mitsubishi Electric Corporation (Japan), KMC Controls (US), Jackson Systems & Supply (US), Astronics Corporation (US), OJ Electronics A/S (Denmark), Regin (Sweden), Azbil Corporation (Japan), Robert Bosch GmbH (Germany), Computrols, Inc (US), Cubic Sensor and Instrument Co., Ltd. (China), and Reliable Controls Corporation (Canada).

Integrated control system to hold the highest CAGR of HVAC controls market during the forecast period

The HVAC controls market for integrated control systems is expected to grow at the highest CAGR between 2022 and 2027. Integrated control systems are finding more use cases across smart homes. Currently, there are 175 million households in the world, equipped with smart technologies and the number is expected to grow exponentially in the coming years. This will enhance the market for smart HVAC, which includes smart thermostats, smart vents, smart humidifiers, and others. With the demand for smart homes growing, collaborations between HVAC providers and IoT industries are predicted to become the norm in the coming years.

Commercial applications to hold the highest CAGR during the forecast period

The commercial application segment is expected to hold the largest market share during the forecast period. The rise in the construction of smart and green buildings has resulted in the increased use of smart sensors and HVAC control equipment such as programmable thermostats, saving a significant amount of energy in these buildings. The applications of HVAC controls in commercial buildings ensure switching on/off the HVAC equipment in a particular area, depending on its occupancy. In a huge commercial complex, all areas are not constantly occupied by several people; HVAC controls play an important role in sensing the number of occupants in the area to assure the efficient use of energy.

#HVAC Controls Market

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marketdevelopment · 8 months ago

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Beer Processing Market Analysis, Key Trends, Growth Opportunities, Challenges and Key Players by 2032

Beer Processing Market Size Was Valued at USD 754.34 Billion in 2023 and is Projected to Reach USD 1082.99 Billion by 2032, Growing at a CAGR of 4.1 % From 2024-2032.

The oldest and most popular alcoholic beverage, beer is made by fermenting and extracting basic ingredients, mostly malted cereal grains and hops. Key variables are manipulated during the brewing process, which is essential to determining the variety and flavor of the beer. Laws all throughout the world specify requirements for the creation of beer, highlighting components like yeast, hops, and grain.

During the Industrial Revolution, the beer processing industry experienced a radical change when machinery was introduced, giving brewers more control over the process. Important contributions were made by inventions like the thermometer and saccharometer. Beer manufacturing techniques originated in Britain and extended throughout the world. The late 19th century saw advances in refrigeration technology, which made it possible to brew lager brews even in the summer.

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Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

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Research framework (structure of the report)

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Leading players involved in the Beer Processing Market include:

Boston Beer Company Inc. (USA), New Belgium Brewing Company (USA), Sierra Nevada Brewing Company (USA), D.G. Yuengling & Son, Inc. (USA), Constellation Brands, Inc. (USA), Molson Coors Beverage Company (USA), Stone Brewing (USA), Dogfish Head Craft Brewery (USA), Brooklyn Brewery (USA), Bell's Brewery (USA), Brewster's Brewery (Canada), Grupo Modelo(Mexico), Anheuser-Busch InBev (Belgium), Heineken N.V. (Netherlands)

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

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Segmentation of Beer Processing Market:

By Beer Type

Ale & Stout

Lager

Porter

Specialty Beers

Others

By Application

Macrobrewery

Microbrewery

Craft Brewery

Brew Pubs

Others

By Price Category

Standard

Premium

Super-Premium

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Beer Processing Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Beer Processing Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to helping our clients grow and successfully impact the marketplace. Our team at IMR is ready to help our clients grow their businesses by offering strategies to achieve success and monopoly in their respective fields. We are a global market research company, specializing in the use of big data and advanced analytics to gain a broader picture of market trends. We help our customers to think differently and build a better tomorrow for all of us. As a technology-driven research company, we consider extremely large data sets to uncover deeper insights and provide conclusive consulting. We don't just provide intelligence solutions, we help our clients achieve their goals.

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#Beer Processing #Beer Processing Market #Beer Processing Market Size #Beer Processing Market Share #Beer Processing Market Growth #Beer Processing Market Trend #Beer Processing Market segment #Beer Processing Market Opportunity #Beer Processing Market Analysis 2024

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packaginginsight · 8 months ago

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Plant-based Meat Market Global Trends, and Opportunities Forecast by 2031

Plant-based meat MarketScope & Overview

The market research report assists firms in improving their business goals by allowing them to develop a systematic presence in the globalPlant-based meat Market. It also helps them plan for and forecast their chances of success in a competitive environment. The research investigates the vital sectors and underlying potential in certain industries, as well as the market's problems and international trends.

The research report goes over regional market growth aspects as well as key companies that dominate regional growth. It also stays current on industry developments and advancements. The research looks into the demand and supply side factors that influence the Plant-based meat market, as well as major industry trends in the coming years.

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Market Key Players:

Amy’s Kitchen, Beyond Meat, Garden Protein International, Gold & Green Foods, Greenwise, Impossible Foods, Maple Leaf Foods, Morningstar Farms, Novameat, Omnipork, Quorn Foods, Surfed, The Vegetarian Butcher, Tofurky, V2food, VBites, and Zikooin.

Market Segmentation Analysis

A current market research provides an in-depth analysis of the most essential industry variables. The market's growth possibilities are obtained with utmost precision after completing extensive research on the historical and present growth characteristics of the Plant-based meat market. It investigates and forecasts the worldwide market in a number of key areas. By segmenting the market by application, end-user, and geography, the report provides a comprehensive view of the industry.

By Source:

Soy

Pea

Wheat

By Product:

Burgers

Sausages

Patties

Nuggets, Tenders & Cutlets

Grounds

By Type:

Chicken

Pork

Beef

Fish

By End-user:

Retail

HORECA (Hotel/Restaurant/Café)

By Storage:

Refrigerated Plant-based Meat

Frozen Plant-based Meat

Shelf-stable Plant-based Meat

Russia-Ukraine Conflict Impact Analysis

The market research report explores whether the ongoing war between Russia and Ukraine has had any discernible impact on the worldwide Plant-based meat market, as well as the specifics of the impact made in several global regional markets.

Regional Outlook

After considering political, economic, social, and technological variables affecting the Plant-based meat market in all regions, the research offers a complete PEST analysis for all regions, including North America, Europe, APAC, Latin America, and the Middle East and Africa. Readers can get thorough information about numerous elements influencing market growth, such as pricing analyses and regional trends.

Competitive Analysis

The market research report discusses key advancements in the industry as well as organic and inorganic growth strategies. This section discusses the macroeconomic variables influencing the growth of the Plant-based meat market, as well as the influence of these macroeconomic indicators on the market.

Key Reasons to Purchase Plant-based meatMarket Report

The market executive summary contains the market's own wheel of fortune, demand-side and supply-side trends, potential evaluation, and global market recommendations.

Readers can find extensive market segmentation and definitions, which will help them comprehend fundamental information about the market.

Conclusion

The Plant-based meat market report discusses the factors influencing the growth of the market. The opportunities and current trends in the target market are also thoroughly addressed in the research report.

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About Us:

SNS Insider is one of the leading Market Size research and consulting agencies that dominates the Market Size research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate Market Size data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

#Plant-based Meat Market

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marketinsight1234 · 8 months ago

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Ready-To-Eat Food Market Analysis, Key Trends, Growth Opportunities, Challenges and Key Players by 2032

Ready-To-Eat Food Market Size Was Valued at USD 185.98 Billion in 2023 and is Projected to Reach USD 410.65 Billion by 2032, Growing at a CAGR of 9.2% From 2024-2032

Food that has been fully prepared and doesn't need to be cooked or prepared further before eating is referred to as ready-to-eat. In order to retain freshness and increase shelf life, these items are usually packaged and preserved using techniques like canning, freezing, or vacuum sealing. RTE meals provide quick and simple meal options that can be consumed at home or on the road with little effort, making them handy for customers. They cover an extensive variety of goods, such as meals, snacks, and drinks, and come in packed, canned, frozen, and chilled varieties.

Food that has been fully prepared and needs little to no more cooking or preparation before eating is referred to as ready-to-eat food. For those who are too busy, working professionals, students, or travelers to make meals from scratch, it provides convenience to users who would not have the time or means to do so. In addition, RTE foods are utilized in the food service sector, workplace and institutional catering, disaster preparedness, and on-the-go snacking. Since they can typically be kept at room temperature without freezing or refrigeration, they are useful for long-term storage in emergency food supplies, military rations, camping equipment, and humanitarian aid initiatives.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

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Leading players involved in the Ready-To-Eat Food Market include:

Conagra Brands, Inc. (US), General Mills, Inc. (US), The Kraft Heinz Company (US), Kellogg Company (US), Campbell Soup Company (US), Hormel Foods Corporation (US), Tyson Foods, Inc. (US), PepsiCo, Inc. (US), The Hershey Company (US), Mars, Incorporated (US)

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Segmentation of Ready-To-Eat Food Market:

By Type

Breakfast

Soups

Snacks

Meals

Baked Goods

Meat

Salads, and Others

By Packaging Type

Cups

Containers

Retort

By Distribution Channel

Hypermarkets/Supermarkets

Convenience Stores

Online Retail Stores

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Ready-To-Eat Food Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Ready-To-Eat Food Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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#Ready-To-Eat Food #Ready-To-Eat Food Market #Ready-To-Eat Food Market Size #Ready-To-Eat Food Market Share #Ready-To-Eat Food Market Growth #Ready-To-Eat Food Market Trend #Ready-To-Eat Food Market segment #Ready-To-Eat Food Market Opportunity #Ready-To-Eat Food Market Analysis 2024

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ganesh8fbi · 8 months ago

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Cryogenic Pump Market Size, Share, Analysis and Forecast 2029

The global cryogenic pump market size was USD 3.41 billion in 2021. The market is projected to grow from USD 3.62 billion in 2022 to USD 6.64 billion in 2029 at a CAGR of 9.06% during the forecast period.

Get More Info: https://www.fortunebusinessinsights.com/industry-reports/cryogenic-pump-market-100824

LIST OF KEY COMPANIES PROFILED:

Nikkiso Co., Ltd (Japan)

SHI Cryogenics Group (Japan)

Ebara Corporation (Japan)

The Weir Group PLC (Scotland)

Fives (France)

Sulzer (Switzerland)

Flowserve Corporation (U.S.)

INOXCVA (India)

Cryostar (France)

Phpk Technologies (U.S.)

Vanzetti Engineering (Italy)

KEY INDUSTRY DEVELOPMENTS:

August 2023- Clean Energy & Industrial Gases Group of Nikkiso Cryogenic Industries, a part of Nikkiso Co., Ltd, signed a cooperation agreement with Neuman & Esser (NEA) Brazil. As per the agreement, NEA Brazil is to provide local solutions for Nikkiso products installed in Brazil, which include ACD cryogenic pumps and turboexpanders. The objective of the cooperation is to help reduce lead times for repairs, improve customer service in the field, and increase the number of service centers globally to support customers regionally.

November 2022- SHI Cryogenics Group launched a CH-160D2 77K Cryocooler, adding a new model of cryocooler to its line of Gifford-McMahon (GM) Cryocoolers. This new model has the highest-capacity 77K Cryocooler to date, with a first-stage capacity of 525/630 W at 77 K (50/60 Hz). It utilizes Whisper technology and Displex pneumatic drive technology for quieter operation and for limiting the number of worn parts in the refrigerator. The CH-160D2 is ideal for many applications, including liquid nitrogen generation and liquefaction and clean energy technologies.

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researchrealmblog · 9 months ago

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What Are Most-Significant Applications of Industrial Refrigeration Systems?

The ongoing COVID-19 pandemic has put the spotlight on the global healthcare ecosystem, as many of the myths about how advanced the medical infrastructure around the world is were busted. With the case and death counts rising, the industry was caught gasping for breath (metaphorically), while the patients were literally gasping for breath (COVID is a lung infection). During this time, the number of research studies being conducted in the pharmaceutical and healthcare sectors on virology skyrocketed, as a vaccine was to be the leader of the charge against the pandemic.

Therefore, the number of clinical trials being conducted for viral vaccines rose massively, as did the worldwide trade of vaccines, aided by several such products getting regulatory approvals. With the healthcare and pharmaceutical sectors expected to not drop their guard for many years to come, the industrial refrigeration systems market size, as calculated by P&S Intelligence, is predicted to increase to $41.1 billion in 2030 from $26.8 billion in 2019, at a 5.0% CAGR between 2020 and 2030.

This is because an efficient, unbroken cold chain is essential for drug development and trade. Refrigerators are not only used to store and transport the final pharmaceutical products but also for the storage and transportation of the raw materials. Pharmaceuticals, biosimilars, excipients, active ingredients, tissues, and blood products are extremely sensitive to heat; therefore, effective cooling is necessary to protect them from damage and make them viable for use over a long time.

Another sector where refrigeration is important for the same reason is food and beverage. Most agricultural products spoil in the heat, which is why keeping them in cool conditions is paramount. Several of the processed food packages carry the directions “store in a cool and dry place”. In food processing factories, the ingredients, intermediate goods, and final products must be refrigerated to increase their shelf life. Thus, with the rising disposable income allowing people in developing countries to purchase processed food, the demand for industrial-grade refrigerators among food and beverage companies is surging.

Other industries where refrigeration is vital are oil and gas, construction, and manufacturing. Since, the food and beverage sector has been the largest user of such systems, their sales have been the highest in Asia-Pacific (APAC). Home to the largest number of people in the world, APAC has the most-productive food and beverage industry. India is already home to the fifth-largest processed food industry, which continues to garner extensive government support. “…the food processing sector in India has received around US$ 7.54 billion worth of Foreign Direct Investment (FDI) during the period April 2000-March 2017.”, says the India Brand Equity Foundation (IBEF).

Moreover, recently, the Indian government announced plans to establish 40 mega food parks, which are essentially integrated manufacturing districts for the food and beverage sector. With this, the industrial refrigeration systems market is poised for strong growth, with such equipment being important in this industry. Moreover, Invest India expects the country’s food processing sector to value more than $500 billion by 2025, which reflects a consistently growing demand for processing equipment.

Hence, with the pharmaceutical and food and beverage production growing, the procurement of industrial-grade refrigerators will escalate too.

#Industrial Refrigeration Systems Market Share #Industrial Refrigeration Systems Market Size #Industrial Refrigeration Systems Market Growth #Industrial Refrigeration Systems Market Applications #Industrial Refrigeration Systems Market Trends

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communicationblogs · 4 months ago

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Adsorbents Market- By Type, By Form, By End-Use Application — Global Opportunity Analysis & Industry Forecast, 2024–2030

Market Overview

Adsorbents market size is forecast to reach US$10.8 billion by 2030 after growing at a CAGR of 6.3% during 2024–2030. Adsorption is the accumulation of atoms or molecules on the surface of a material. This process creates a film of the adsorbate on the adsorbent’s surface. Adsorbents are used to remove pollutants from oil and gas streams in the oil and gas sector and are also increasingly being used in the gas drying process. The escalating demand for adsorbents stems from their efficacy in ensuring clean air and water.

A prominent trend in the adsorbents market is the increasing focus on sustainable and bio-based materials. As industries seek environmentally friendly alternatives, bio-based adsorbents derived from renewable sources gain traction. Additionally, the rising emphasis on green technologies and the push for sustainable practices in various sectors further propels the adoption of bio-based adsorbents which contributes to a positive outlook for the adsorbents industry during the forecast period.

Report Coverage :

The report: “Adsorbents Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the global adsorbents industry.

By Type: Activated Alumina, Activated Charcoal, Activated Clay, Silica Gel, Metal Oxides, Polymer Adsorbents, Zeolites (Molecular Sieves) (Type 3A, Others), and Others

By Form: Powder, Flakes, and Others

By End-Use Application: Oil and Gas Industry (Natural Gas Purification, Gasoline, Diesel and Jet Fuel Production, Others), Petrochemical Industry (Ethylene Production, Propylene Production, Xylene Separation, Others), Chemical Industry (Industrial Gases, CASE (Coatings, Sealants, Adhesives, and Elastomers), Others), Automotive and Transportation, Pharmaceutical and Food, Water Treatment, Nuclear Waste Remediation, Refrigerant (Commercial, Industrial), Building & Construction, Personal Care and Cosmetic, and Others

By Geography: North America (U.S.A., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Denmark, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East and Africa)

Inquiry Before Buying

Key Takeaways :

The Asia Pacific dominates the Adsorbents Market owing to the rising growth and increasing investments in the pharmaceutical and food industry.

The strict government regulations governing pharmaceutical product manufacture, hygiene, and quality control lead to a surge in the demand for adsorbents.

The rising demand for adsorbents in water and wastewater treatment application, has been a critical factor driving the growth of the Adsorbents Market in the upcoming years.

Adsorbents Market Segment Analysis — By Type

The zeolites segment held the largest share in the Adsorbents Market in 2023. Zeolites have a high degree of hydration, which results in a stable low-density crystal structure with a large void volume. Zeolites have been employed as an adsorbent in non-technically demanding, non-regenerative applications over the past two decades. New lightweight cementing methods for oil and gas completions to new modified zeolite adsorbents for extracting metals or organics from water are just a few of the new inventive applications. Systems for zeolite gas treatment, pressure swing adsorption, smell control, and other specific applications are being developed. Inorganic adsorbents, particularly for environmental applications, industrial gas production, and specialized chemicals, are the most valuable applications for zeolites and synthesized zeolites. Thus, the rising usage of zeolites in various applications, have uplifted the Adsorbents Market growth, in the forecast period.

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Adsorbents Market Segment Analysis — By End-Use Application

The petrochemical industry held the largest share in the market in 2023 and is expected to grow at a CAGR of 7.4% during 2024–2030. Adsorbents are utilized in the petrochemical industry to remove trace contaminants such as water and sulphur in the feed, intermediate, and product streams, for the smooth operation of the plant. The usage of the right adsorbent is necessary for the petrochemical plants due to the reactivity of ethylene plant streams. In the petrochemical industry, adsorbents are used for the effective removal of a wide range of contaminants from olefin-containing streams, complete system solutions for the treatment of off-gas streams from catalytic crackers (FCC, DCC, CPP) and acetylene producing units, and long lifetime and easy operability. The surging demand for adsorbents is due to the rising investments in its end use industry such as petrochemical industry. For instance, according to Alberta’s Industrial Heartland Association, the petrochemical sector in Alberta has the potential to increase by more than US$30 billion by 2030. Thus, the rising investments in the petrochemical industry of various countries will further drive the growth of the adsorbents market over the forecast period.

Adsorbents Market Segment Analysis — By Geography

Asia-Pacific region dominated the adsorbents market in terms of revenue with a share of 38% in 2023 and is projected to dominate the market during the forecast period 2024–2030. The growing demand for adsorbents, along with the high purchasing power in countries such as China, India, and Japan, tends to become a potential market for adsorbents during the forecast period. The surging adoption of adsorbents in the petrochemical, oil, and gas, and other sectors are driving the adsorbents market in China. Currently, several initiatives taken by organizations for the development of new petrochemical plants in the country have increased the demand for adsorbents. In November 2022, Saudi Aramco announced plans to invest in a US$7 billion project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp’s refining complex in the port city of Ulsan. In March 2023, Indian Oil announced plans to build a petrochemicals complex at Paradip with an investment of $7.3 billion. Such investments will drive the demand for adsorbents in this region during the forecast period. Adsorbents Market Driver :

Strict Government Regulations Governing Pharmaceutical Product Manufacture, Hygiene, And Quality Control Are Boosting Demand for Adsorbents

Pharmaceutical companies are putting a greater emphasis on quality control, which includes the use of adsorbents in procedures like instrument drying, drying of air-synthesis products, and deodorization. Several types of adsorbents are utilized in the pharmaceutical sector, with a selection depending on the application requirement. Activated carbon, for instance, is used to remove contaminated or by-products during the drug formulation process, whereas activated alumina is used to recover Pyrogen-free pharmaceuticals and as a desiccant for drying air and industrial gases. Also, silica gel is also employed in column chromatography as a pharmaceutical adsorbent, where it assists in the separation or collection of various medication components. Regulations mandating the use of adsorbents in the pharmaceuticals sector such as, by the United States Pharmacopeia (USP), Japanese Pharmacopeia (JP), and so on are also influencing the adsorbents market growth in the pharmaceutical sector. For instance, according to Invest India, the pharmaceutical industry in India is expected to reach $65 billion by 2024 and to $130 billion by 2030.

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Adsorbents Market Challenge

Reduced Shelf Life Due to High Level of Impurities Will Hamper the Market Growth

Although adsorbent materials can attract molecules to their surfaces, this ability is limited. Once the capacity has been reached, continued refining and purification will produce an equilibrium, which will lead to desorption. Adsorbents are utilized for adsorption of various pollutants and impurities such as carbon dioxide or hydrogen sulphide, mercaptans, manufacturing chemicals, and hydrate inhibitors in refining and purifying processes. The current contaminants react with the adsorbents at this point, causing the adsorbent to regenerate. These pollutants either renew or eliminate the adsorbent. The service life of adsorbents is determined by the material’s regeneration capacity, which could be a stumbling block for the overall adsorbents market.

Adsorbents Industry Outlook

Top 10 companies in the adsorbents market include:

BASF SE

Arkema SA

Honeywell International Inc.

Cabot Corporation

W. R. Grace & Co.

Clariant AG

Mitsubishi Chemical Corporation

Calgon Carbon Corporation (Kuraray)

Evonik Industries

Axens Group

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trendingreportz · 6 months ago

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Powder Coatings Market - Forecast(2024 - 2030)

Powder Coatings Market Overview

The Powder Coatings Market size is forecasted to reach US$18.2 billion by 2027 after growing at a CAGR of 6.1% during the forecast period 2022-2027. Powder coating is a dry finishing process in which free-flowing, thermoplastic or thermoset powder material is applied to a surface, melted and then allowed to dry and harden into a protective coating. Powder coating based on thermoplastic polymers is derived from polyolefins, polyvinyl chloride, polyvinyl fluoride, polyester and so on whereas thermoset-based powder coatings are derived from epoxy, polyester, acrylic, polyurethanes and so on. Powder coating imparts a high-quality, durable finish, that allows for improved efficiency and is eco-friendly. Powder coatings are based on polymer resin systems. The environmental advantages offered by powder coatings compared to liquid coating methods drives the powder coatings market. The pandemic resulted in shortages of raw materials and supply chain disruptions. According to Echemi, a chemical industry B2B website, there were shortages of neopentyl glycol that is used in many of the resins for powder coatings and triglycidyl isocyanurate which is a curing agent used in polyester powder coatings. This resulted in price hikes of over 60% in the Powder Coatings industry.

Powder Coatings Market Report Coverage

The “Powder Coatings Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments of the Powder Coatings industry.

By Resin Type: Thermoset (Epoxy, Polyester, Acrylic, Fluoropolymer, Polyurethanes and Others) and Thermoplastic (Polyamide, Polyolefin, Polyethylene, Polyvinyl Chloride, Polypropylene and Others).

By Coating Method: Fluidized Spray, Electrostatic Fluidized Bed, Electrostatic Spray and Others.

By Substrate: Metal (Steel, Aluminum and Others) and Non-Metal (Plastic, Wood, Ceramics, Glass and Others).

By End-Use Industry: Automotive [Two-wheelers (Scooters and Bikes) and Three/Four-wheelers (Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles)], Construction (Outdoor Construction and Indoor Construction), Appliances (Refrigerator, Water Coolers, Vending Machines, Washing Machines, Air Conditioners/Coolers, Electrical Fans, Kitchen Blenders/Mixers, Vacuum Cleaners, Water Heaters, Ovens & Chimneys, LPG Cylinders and Others), Electrical & Electronics (Transformers, Generators, ATM Machines, Industrial/Commercial Systems, Electrical Motor Stators/Rotors, Electric Meters & Connectors, Computer Room Floor System and Others), General Industrial (Industrial Carts & Power Tools, Storage & Racking, Escalators & Elevators, Lockers, Walls & Fittings, Water Pumps, Steel Drums, Pipes & Rebars and Others), Furniture (Outdoor Metal Furniture, Beds & Chairs, Benches and Others), Medical, Transportation & Equipment (Railways, Industrial Transportation, Construction Equipment, Agricultural Equipment, Marine, Aerospace) and Others.

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa)

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Key Takeaways

The Asia-Pacific region dominates the powder coatings market on account of the increasing construction activities and the recovering automotive industry. According to Invest India, the construction industry in India is expected to reach $1.4 trillion by 2025.

There are two types of powder coatings, thermoplastic and thermoset. Thermoplastic powders are commonly derived from polyolefins, polyvinyl chloride and polyvinyl fluoride while thermosetting powders are derived from acrylic, epoxy and polyester resins.

Thermoplastic powder coating melts and flows when heat is applied but continues to have the same chemical composition once it cools and solidifies. On the other hand, thermoset powder coatings will not melt when heated after curing.

The major opportunity for this market is developing thin-film coatings.

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the powder coatings market report.

Powder Coatings Market Segment Analysis – by Resin Type

The thermoset segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 7.2% during the forecast period of 2022-2027. In the powder coating process, as the powder heats and melts it flows around the surface of the object and undergoes a chemical change called cross-linking which forms a hard and durable coating. Thermosetting coatings do not re-melt when they are cooled after heat is re-applied. In its powdered state, thermoset material tends to have a much lower molecular weight than other coating materials, usually requiring less heat to melt, making it more energy efficient. Thermoset powders are commonly derived from epoxy, acrylic, polyester and polyurethane groups. The most frequently employed are epoxy and polyester-based resins. Epoxy resin-based thermoset powders form a tough impact-resistant coating that has excellent corrosion resistance, so they are used for internal applications. Polyester-based coatings have the added advantage of being highly UV resistant, making them an ideal choice for outdoor applications. Thus, the thermoset segment is anticipated to dominate the powder coatings market.

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Powder Coatings Market Segment Analysis – by Application

The construction segment held a dominant Powder Coatings Market share in 2021 and is expected to grow at a CAGR of 8.3% during the forecast period of 2022-2027. Powder coating can be used for metal components such as door frames, railings, window frames, fencing, shelters, storefronts, façade or other areas of buildings. According to WSP, around 25% of the overall construction cost is the façade, with the metal contributing a major part of the cost. Powder coating can prevent corrosion and minimize re-coating as it imparts a long-lasting coating. The powder coat is more resistant to scratching, fading, erosion or other types of damage that can ruin the aesthetic appeal of a building The latest trend in the construction industry is low-emitting products and sustainable buildings. According to the U.S. Green Building Council (USGBC), 1,105 projects have been certified with LEED certification for green buildings in the U.S. in 2021. Powder coatings are solvent and VOC-free and produce less waste than other coating methods, making them a clear choice for green buildings. Thus, the construction industry is expected to dominate the market.

Powder Coatings Market Segment Analysis – by Geography

The Asia-Pacific region held the dominant Powder Coatings Market share up to 60% in 2021 owing to the rising consumption of powder coatings from the automotive, construction and appliances sector. The construction activities in the region rebounded after the initial lockdown in 2020. The government of India has made several investments in construction and infrastructure to aid in development. As per a report by the Indian Construction Equipment Manufacturers Association (ICEMA), the construction equipment industry recorded a 47% growth in the second quarter of FY2021-22. According to a news report in Reuters, in FY22-23, US$529.7 billion will be invested to further drive economic growth across the country. China’s construction sector is expanding rapidly. according to the National Bureau of Statistics, China’s construction output is estimated to be worth approximately US$4.3 trillion in 2021. China plans to invest US$1.43 trillion in key construction projects as part of its 14th five-year plan. As per the National Development and Reform Commission (NDRC), the Shanghai plans call for a total investment of US$38.7 billion over the next three years. The Japanese construction industry is expected to boom as the World Expo will be hosted in Osaka, Japan in 2025. Therefore, this region is set to dominate the Powder Coatings market.

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Powder Coatings Market Drivers

Environmental Advantages of Using Powder Coatings

Powder coating is the green process of choice for finishing operations. It produces less waste than other finishing processes such as liquid coating. The use of powder coating aids in eliminating waste because, after application, the powder coating overspray can be reclaimed and reused. These types of reclamation practices keep overhead costs low while minimizing environmental impacts. Solvents contain volatile organic compounds (VOCs) which are detrimental to the environment. In liquid coatings, the average VOC content is between 3.5 to 5.5 pounds per gallon, which is approximately one-third to one-half of each gallon of the liquid coating being emitted into the environment during the application process. Since powder coating lines do not require the use of solvents, they do not emit VOCs and can operate with reduced energy, faster curing and lower temperatures. This makes powder coatings highly attractive from an environmental perspective. Innovations in the powder coatings industry strive to make it even better. For instance, in early 2020, Sherwin-Williams General Industrial Coatings division launched the Powdura ECO line made from a resin that uses pre-consumer recycled polyethylene terephthalate (rPET). Thus, the environmental advantages offered by using powder coatings drive the market.

Growing Usage of Powder Coatings in Electric Vehicles

The growth of electric vehicles (EVs) can be attributed to increasing oil prices and growing awareness regarding climate change. According to the International Energy Agency (IEA), in 2021, sales of electric cars (including fully electric and plug-in hybrids) doubled to a new record of 6.6 million. Sales kept rising in 2022 as well, with 2 million electric cars sold worldwide in Q1 2022, up almost 75% compared to Q1 2021. To keep EV motors and batteries operating efficiently, it’s important to maintain an optimum temperature range. Sometimes EV motors can generate operating temperatures that may exceed 200°C. Powder coatings are used to insulate battery boxes and isolate thermal activity. To take advantage of the growing EV market, powder coating manufacturers are launching products that cater to EVs. For instance, in January 2022, Arkema announced high-voltage coating solutions for electric vehicles. The two new polyamide 11 powder coating grades with UL certification were introduced for use in electric vehicle battery systems and other applications. Thus, the growing usage of powder coatings for EVs drives the market.

Powder Coatings Market Challenge

High Initial Investment

The major restraint in the Powder Coatings market is the high initial investment required to set up the powder coating equipment. Liquid coating applications only require a spray gun and a spray area. Comparatively, a powder coating workshop needs a spray gun, spray booth and curing oven. The addition of the curing oven adds significantly to the initial start-up costs for powder coating. The size of the curing oven purchased needs to take into account the maximum part size that can effectively be handled. Larger, thicker and heavier parts require a larger and more powerful oven, which further adds to the overall equipment costs. While metals can be powder coated using electrostatic spray deposition, non-metals require a fluidized bed powder coating application. The need for a fluidized bed also increases the overall equipment costs for the establishment of a complete powder coating facility. This can prove to be a challenge for the powder coatings market.

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Powder Coatings Industry Outlook

Product launches, acquisitions and R&D activities are key strategies adopted by players in the Powder Coatings market. The top 10 companies in the Powder Coatings Market are:

PPG Industries

AkzoNobel Powder Coatings

BASF SE

Axalta Coating Systems

The Sherwin Williams Company

Jotun

Valspar Corporation

Nippon Paint Holdings Co. Ltd.

Kansai Nerolac Paints Limited

Tiger Coatings

Recent Developments

In June 2022, Polychem launched a new powder coating collection called the Effects Collection. The collection features powder special effects, such as speckles, translucents, metallics, sparkle translucent, veins, patina effects, river textures, fine textures and dramatic illusion colors, available in a variety of colors.

In May 2022, AkzoNobel Powder Coatings launched a comprehensive range of ready-to-ship powder coatings ranges specifically for the North American market. The range comprises approximately 500 unique powder coatings, with a broad variety of premium quality colors, textures and finishes.

In February 2022, PPG announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The acquisition will enable PPG to expand its powder coatings offering in the Europe, Middle East and Africa (EMEA) region.

#Powder Coatings Market #Powder Coatings Market Share #Powder Coatings Market Size #Powder Coatings Market Forecast #Powder Coatings Market Report #Powder Coatings Market Growth

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trendingrepots · 7 months ago

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Polyurethanes Market - Forecast(2024 - 2030)

Polyurethanes Market size is forecast to reach US$90.6 Billion by 2026, after growing at a CAGR of 5.9% during 2021-2026. The growth of the Polyurethanes Market is mainly attributed to its wide-ranging applications across various construction and automotive sectors. Polyurethanes are commercially available in various forms, ranging from flexible or rigid lightweight foams to tough, stiff, and strong elastomers. This enables their use in a wide variety of consumer and industrial applications such as thermal insulation of buildings, refrigerators, household furniture, automotive seating, shoe soles. Additionally, the growing demand for polyurethane in spandex is expected to boost the polyurethanes industry. Furthermore, increasing government investments in the upcoming construction industry growth in the coming years is estimated to upsurge the polyurethanes industry over the forecast period.

👉 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Impact of Covid-19

The ongoing COVID-19 pandemic has impacted many end user industries globally. As a result of the pandemic situation, several firms across regions had to shut down their production facilities and services as countries adopted partial or absolute lockdown policies to deal with the pandemic. Furthermore, companies throughout the world also halted or postponed large M&A ventures in the year 2020.In addition, the COVID-19 pandemic also affected crude oil prices, well-drilling and production activities, and the oil and gas supply chain. The decline in production activities further negatively affected the prices for polyurethanes in the short to medium term.

Report Coverage

The report “Polyurethanes Market– Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polyurethanes Market.

By Product Type: Flexible Foam, Rigid Foam, CAS, Thermoplastic Polyurethane (TPU), Binders, Elastomers, and Others

By End-Use Industry: Apparels, Appliances, Automotive, Building and Construction (as Insulation), Electronics, Furnishings, Marine, Medical, Packaging, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, and Rest of Europe), Asia Pacific (China, Japan, South Korea, India, Australia, and Rest of APAC), South America (Brazil, Argentina, Chile, Colombia, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

Asia-Pacific region dominated the Polyurethanes Market owing to the rising production of automotive and increasing government emphasis on building and construction growth.

Increasing preference for cast polymer polyurethane elastomers for use in shoe sole, boot, and other sports shoes, in the footwear industryis anticipated to drive the market growth.

Rising usage of flexible polyurethane foam in the furnishing segment on a very large scale in furniture, bedding, carpet as they are more durable, lightweight, comfortable and also supportive, will raise the demand for polyurethane in the upcoming years.

Moreover, the fluctuating prices of raw materials such as methyl di-p-phenylene isocyanate (MDI) and toluene di-isocyanate (TDI) is estimated to hinder the growth of the market.

#Polyurethanes Market price #Polyurethanes Market size #Polyurethanes Market share

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blueweave8 · 10 months ago

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Plant-based Meat Market Analysis, Demand, Report 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Plant-based Meat Market size at USD 5.84 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Global Plant-based Meat Market size to boom at a CAGR of 17.68% reaching a value of USD 18.25 billion by 2030. Growing awareness of carbon emissions in the animal meat sector and growing concerns about animal welfare are major growth factors driving the Global Plant-based Meat Market. In addition, it is projected that the growing number of vegans and the introduction of several plant-based food products would accelerate the expansion of the Global Plant-based Meat Market.

Opportunity: Growing Accessibility to Plant-based Meat through Online Platforms

Plant-based meat product providers are increasingly launching their products on online grocery platforms, which is boosting the accessibility of these products. Moreover, these companies are also launching websites that allow consumers to browse their product portfolio for plant-based meat and have it delivered to their doorsteps. For instance, UNLIMEAT, a plant-based Korean food brand, launched its online store in November, called UNLIMEAT SHOP, which displays a wide range of products including pulled pork and Korean BBQ.

Sample Request @ https://www.blueweaveconsulting.com/report/plant-based-meat-market/report-sample

Impact of Escalating Geopolitical Tensions on Global Plant-based Meat Market

The escalating geopolitics have disrupted the growth of the Global Plant-based Meat Market. For instance, sunflower oil is one of the main ingredients in the production of plant-based meat and is combined with soya-based heme protein to create a meat flavor and color. Ukraine is the world’s biggest exporter of sunflower oil, as reported by vegconomist. However, Russia invasion of Ukraine and the emergence of a full-fledged war between the two nations led to shortage of ingredients in the Plant-based Meat Market. According to a survey by ProVeg International, 61% of European plant-based meat firms reported a spike in raw material prices and 64% of firms reported a surge in energy and transportation costs. The price increase is anticipated to eventually lead to an increase in product price, which may result in a decline in the consumption of plant-based meat products globally.

Global Plant-based Meat Market

Segmental Coverage

Global Plant-based Meat Market – By Storage

Based on storage, the Global Plant-based Meat Market is segmented into refrigerated plant-based meat, frozen plant-based meat, and shelf-stable plant-based meat. The frozen plant-based meat segment holds the largest share in the Global Plant-based Meat Market by storage. New product development in the ambient, chilled, and frozen segments has significantly increased, as a result of a spurring demand for innovative vegetarian food items. Consequently, it provides the customer with a wide selection of items and labels, increasing the visibility and shelf space of plant-based meat substitutes.

Global Plant-based Meat Market – By Region

The in-depth research report on the Global Plant-based Meat Market covers the market in a number of major countries across five regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa. North America dominates the Global Plant-based Meat Market owing to the growing population of vegans in the region, particularly in the United States. According to the World Animal Foundation, about 6% of the US population identify themselves as vegans. The increasing health consciousness and awareness towards alternative proteins is emerging as a major driving factor for the adoption of the vegan lifestyle, which is anticipated to fuel the demand for plant-based meat in North America.

Competitive Landscape

Major players operating in the Global Plant-based Meat Market include Beyond Meat, Impossible Foods Inc., Nestle, Tyson, Quorn Foods, Amy's Kitchen, Morningstar Farms, Boca Foods, Sunfed Meats, and VBites. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

BlueWeave Consulting & Research Pvt Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

[email protected]

#Plant-based Meat Market

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