#Phase Change Material Market Size

[chemicalsmaterialsnews]

Transforming Industries: Phase Change Materials Market Insights

As stated by P&S Intelligence, the total revenue generated by the phase change materials market was USD 1,775.5 million in 2021, which will power at a rate of 16.8% by the end of this decade, to reach USD 7,206.2 million by 2030.

This has a lot to do with the increasing growth in the construction and packaging sectors and increasing importance on green buildings.

Cold chain and packaging category will grow at the highest rate, of above 17%, in the years to come. This can be mostly because of the surge in PCM requirement to sustain precise temperatures through the supply chain while lowering the emissions of carbon dioxide. Using ACs and electric fans to stay cool contributes to approximately 20% of the total electricity employed in buildings globally. The increasing requirement for space cooling is straining quite a few countries' power infrastructure, along with bringing about increased emissions.

With the enormous increase in the requirement for energy-efficient ACs, the requirement for PCMs will soar, as the electrical consumption of modified ACs with PCMs could be brought down by 3.09 kWh every day.

Europe dominated the industry with a share, of about 40%, in the recent past. The predisposition toward the acceptance of eco-friendly materials will power the PCM industry in the region. European regulatory associations, such as the SCANVAC, took more than a few initiatives for developing and promoting and effective building mechanical solutions and increase awareness pertaining to PCM applications.

The convenience of paraffin at a wide range of temperatures is a major reason for its appropriateness as an energy storage medium. Likewise, paraffin-based PCM is called a waxy solid paraffin, safe, dependable, noncorrosive, and economical material.

HVAC systems had the second-largest share, of about 30%, in phase change materials market in the recent past. This has a lot to do with the fact that PCM installation decreases fluctuations of temperature. HVAC with PCM supports in maintaining a steadier temperature and eliminating thermal uneasiness caused by alterations in temperature. It is because of the emphasis on green buildings, the demand for phase change materials will continue to rise considerably in the years to come.

[allthebrazilianpolitics]

The priorities for Brazil's for mining sector under Lula

Brazil’s new administration, which takes office January 1, is not likely to mean major changes for the mining sector.

"One of the top priorities for the next administration is the fact that Brazil needs to encourage mining exploration and for that we need to ensure that mineral titles are a guarantee to finance this activity. That would enable this activity to be taken on by small and medium-sized companies," Marcos Gonçalves, president of mining technology association Adimb, told BNamericas.

"In addition, we would need to work to create a stock exchange environment in Brazil that allows non-producing companies to access the capital market, with venture capital, focused on projects in the pre-operational phase, like in Canada and Australia. Brazil has a window of opportunity to expand its mining activity in the face of the energy transition that will demand several materials," he added.

Another important element to be addressed by the next administration will be combating illegal mining, Julio Nery, sustainability and regulations director at local mining association Ibram, told BNamericas.

Continue reading.

[tamanna31]

Thermal Energy Storage Market Report: Industry Manufacturers Analysis 2020-2027

Thermal Energy Storage Market

The global thermal energy storage market size was valued at USD 4.1 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 9.45% from 2020 to 2027. 

Shifting preference towards renewable energy generation, including concentrated solar power, and rising demand for thermal energy storage (TES) systems in HVAC are among the key factors propelling the industry growth. Growing need for enhanced energy efficiency, coupled with continuing energy utilization efforts, will positively influence the thermal energy storage demand. For instance, in September 2018, the Canadian government updated a financial incentive plan “Commercial Energy Conservation and Efficiency Program” that offers USD 15,000 worth rebates for commercial sector energy upgrades.

Gather more insights about the market drivers, restrains and growth of the Thermal Energy Storage Market

The market in the U.S. is projected to witness substantial growth in the forthcoming years on account of increasing number of thermal energy storage projects across the country. For instance, in 2018, the U.S. accounted for 33% of the 18 under construction projects and 41% of the total 1,361 operational projects globally. Presence of major industry players in the country is expected to further propel the TES market growth in the U.S.

The U.S. Department of Energy (DoE) evaluates thermal energy storage systems for their safety, reliability, cost-effective nature, and adherence to environmental regulations and industry standards. It also stated that Europe and the Asia Pacific display higher fractions of grid energy storage as compared to North America. Rising need for a future with clean energy is prompting governments across the globe to take efforts towards developing innovative energy storage systems.

The primary challenge faced by the thermal energy storage sector is the economical storage of energy. An important advancement in this sector has been the usage of lithium-ion batteries. These batteries exhibit high energy density and long lifespans of 500 deep cycles, i.e. the number of times they can be charged from 20% to their full capacity before witnessing a deterioration in performance. They can also be utilized in electric vehicles, district cooling and heating, and power generation.

Thermal Energy Storage Market Segmentation 

Grand View Research has segmented the global thermal energy storage market report on the basis of product type, technology, storage material, application, end user, and region:

Product Type Outlook (Revenue, USD Million, 2016 - 2027)

Sensible Heat Storage

Latent Heat Storage

Thermochemical Heat Storage

Technology Outlook (Revenue, USD Million, 2016 - 2027)

Molten Salt Technology

Electric Thermal Storage Heaters

Solar Energy Storage

Ice-based Technology

Miscibility Gap Alloy Technology

Storage Material Outlook (Revenue, USD Million, 2016 - 2027)

Molten Salt

Phase Change Material

Water 

Application Outlook (Revenue, USD Million, 2016 - 2027)

Process Heating & Cooling

District Heating & Cooling

Power Generation

Ice storage air-conditioning

Others

End-user Outlook (Revenue, USD Million, 2016 - 2027)

Industrial

Utilities

Residential & Commercial

Regional Outlook (Revenue, USD Million, 2016 - 2027)

North America

US

Canada

Mexico

Europe

UK

Russia

Germany

Spain

Asia Pacific

China

India

Japan

South Korea

Central & South America

Brazil

Middle East and Africa (MEA)

Saudi Arabia

Browse through Grand View Research's Power Generation & Storage Industry Research Reports.

The global energy storage for unmanned aerial vehicles market size was estimated at USD 413.25 million in 2023 and is expected to grow at a CAGR of 27.8% from 2024 to 2030. 

The global heat recovery steam generator market size was estimated at USD 1,345.2 million in 2023 and is projected to reach USD 1,817.0 million by 2030 and is anticipated to grow at a CAGR of 4.5% from 2024 to 2030.

Key Companies & Market Share Insights

Industry participants are integrating advanced technologies into the existing technology to enhance the product demand through the provision of improved thermal energy management systems. Furthermore, eminent players are emphasizing on inorganic growth ventures as a part of their strategic expansion. Some of the prominent players in the global thermal energy storage market include:

BrightSource Energy Inc.

SolarReserve LLC

Abengoa SA

Terrafore Technologies LLC

Baltimore Aircoil Company

Ice Energy

Caldwell Energy

Cryogel

Steffes Corporation

Order a free sample PDF of the Thermal Energy Storage Market Intelligence Study, published by Grand View Research.

[vijukumar]

Automotive Market: Trends & Analysis

The global automotive market stands as one of the most significant sectors in the world, representing a cornerstone of the global economy. The market is dynamic, constantly evolving with technological advancements, changing consumer preferences, and regulatory shifts. As of 2024, the automotive industry is navigating through a transformative phase, influenced by the push toward sustainability, advancements in electric vehicles (EVs), and the integration of smart technologies. This blog provides an in-depth analysis of the automotive market, covering its size, growth, key players, prevailing trends, and challenges, culminating in a forward-looking conclusion.

Market Size, Share, and Growth

As of 2023, the global automotive market was valued at approximately USD 3.7 trillion, with projections indicating a steady growth trajectory, anticipated to reach USD 5 trillion by 2030. This growth is primarily driven by the increasing demand for electric vehicles (EVs), technological advancements, and the resurgence of the global economy post-pandemic.

In terms of market share, the automotive market is segmented into passenger vehicles, commercial vehicles, and electric vehicles (EVs). The passenger vehicle segment dominates, accounting for nearly 60% of the market share. However, the electric vehicle segment is witnessing the fastest growth, with a compound annual growth rate (CAGR) of 20% from 2024 to 2030. This surge in EV adoption is fueled by heightened environmental awareness, government incentives, and advancements in battery technology.

The commercial vehicle segment, while growing at a slower pace, remains crucial, particularly in emerging economies where infrastructure development is a priority. The Asia-Pacific region leads the market, contributing to over 40% of the global automotive sales, followed by North America and Europe.

Market Trends

Several key trends are shaping the future of the automotive industry, each contributing to the sector's evolution and expansion:

Electrification and the Rise of EVs: The transition from internal combustion engines (ICE) to electric vehicles is one of the most significant trends in the automotive industry. Governments across the globe are setting ambitious targets for reducing carbon emissions, leading to increased investments in EV infrastructure and incentives for EV adoption. Major automakers like Tesla, Toyota, and Volkswagen are at the forefront of this shift, introducing a range of electric models aimed at both the mass market and premium segments.

Autonomous Driving and Connected Vehicles: The development of autonomous vehicles (AVs) is progressing rapidly, with companies like Waymo, Tesla, and GM’s Cruise making significant strides in self-driving technology. In parallel, the integration of connected vehicle technologies is enhancing vehicle safety, efficiency, and user experience. The Internet of Things (IoT) enables real-time communication between vehicles, infrastructure, and other devices, paving the way for smarter, more efficient transportation systems.

Shared Mobility and Changing Ownership Models: The concept of vehicle ownership is evolving, with a growing trend toward shared mobility solutions. Ride-hailing services, car-sharing, and subscription models are gaining popularity, especially in urban areas. Companies like Uber, Lyft, and Zipcar are leading this shift, offering flexible alternatives to traditional car ownership, which is particularly appealing to younger, urban populations.

Sustainability and Green Technologies: The automotive industry is increasingly focused on sustainability, with a strong emphasis on reducing carbon footprints and utilizing green technologies. Beyond electrification, this includes the adoption of lightweight materials, improved fuel efficiency, and the development of hydrogen fuel cell vehicles. Automakers are also investing in circular economy practices, such as vehicle recycling and the use of renewable energy in manufacturing processes.

Digital Transformation and E-Commerce: The digitalization of the automotive industry is reshaping how vehicles are designed, manufactured, sold, and serviced. E-commerce platforms are playing a crucial role in the automotive retail space, with more consumers opting to purchase vehicles online. This trend is accelerated by the growing influence of digital marketing, virtual showrooms, and online customer support.

Key Market Players and Their Impact

The automotive market is dominated by a few key players, each with a significant share in the global market. These companies are instrumental in shaping industry trends and driving innovation.

Toyota Motor Corporation: Toyota remains the largest automaker globally, with a market share of approximately 10%. The company's strong emphasis on hybrid technology and its gradual transition to electric vehicles have solidified its leadership position. Toyota's global sales in 2023 exceeded 9.5 million units, with significant contributions from its best-selling models like the Corolla and the RAV4.

Volkswagen Group: Volkswagen holds a market share of around 8%, with a robust portfolio that includes brands like Audi, Porsche, and Bentley. The company is heavily invested in electrification, with plans to produce over 50 different electric models by 2025. Volkswagen's ID.4 and ID.3 models are gaining traction in key markets, including Europe and China.

Tesla, Inc.: Tesla continues to be a dominant force in the electric vehicle segment, with a market share of about 3% in the overall automotive market but a commanding 20% share in the global EV market. Tesla's Model 3 and Model Y are among the best-selling electric vehicles worldwide, and the company's focus on innovation and battery technology sets it apart from traditional automakers.

General Motors (GM): GM has a market share of approximately 6%, with a strong presence in North America and China. The company is transitioning toward an all-electric future, with plans to phase out internal combustion engines by 2035. GM's Chevrolet Bolt EV and the upcoming Hummer EV are key models in its electric vehicle lineup.

Hyundai-Kia Automotive Group: With a market share of around 7%, Hyundai-Kia is rapidly expanding its electric vehicle portfolio, aiming to launch 23 new EV models by 2025. The group's focus on hydrogen fuel cell technology, alongside traditional battery electric vehicles, positions it uniquely in the market.

Market Challenges

Despite its robust growth prospects, the automotive market faces several significant challenges:

Supply Chain Disruptions: The global semiconductor shortage has severely impacted automotive production, leading to delays and increased costs. The reliance on a complex, global supply chain makes the industry vulnerable to disruptions caused by geopolitical tensions, natural disasters, and pandemics.

Regulatory Hurdles: Stringent environmental regulations and safety standards vary significantly across regions, creating challenges for automakers in terms of compliance and cost management. The shift towards electric vehicles also requires substantial investments in infrastructure, which is progressing at different rates globally.

Technological Integration: The rapid pace of technological advancements presents a double-edged sword. While it drives innovation, it also requires significant R&D investments and poses challenges in integrating new technologies into existing platforms. Moreover, the race to develop autonomous vehicles is fraught with legal, ethical, and safety concerns that need to be addressed before widespread adoption can occur.

Consumer Adoption Barriers: While the demand for electric vehicles is growing, barriers such as high upfront costs, limited charging infrastructure, and range anxiety continue to hinder widespread adoption, particularly in developing markets. Additionally, the shift in ownership models, from traditional to shared mobility, requires a cultural change that may take time to materialize.

Conclusion

The automotive market is at a pivotal juncture, with the convergence of electrification, autonomous driving, and digitalization driving its transformation. The industry's future will be shaped by how well it navigates the challenges of supply chain disruptions, regulatory pressures, and technological integration. Key players like Toyota, Volkswagen, and Tesla are leading the charge, but the market remains highly competitive, with new entrants and evolving consumer preferences continually reshaping the landscape. As we look ahead, the shift towards sustainable and smart mobility solutions is set to redefine the automotive industry. Companies that can innovate and adapt to these changes will thrive, while those that resist will face increasing challenges. Ultimately, the automotive market's trajectory will be determined by its ability to balance growth with sustainability, ensuring that the industry continues to drive global economic progress while addressing the environmental and societal challenges of the 21st century.

[quotient-12-3]

Leather sofa: The Ultimate Guide to Choosing the Perfect Leather Sofa Set for Your Home

Leather sofa: With regards to choosing the ideal highlight for your front room, a cowhide couch set stands apart as an immortal and complex decision. Calfskin not just adds a bit of extravagance to any space.

However it likewise offers strength and solace that couple of different materials can coordinate. Notwithstanding, with such countless styles, varieties, and highlights to consider.  Picking the right calfskin couch set can be an overwhelming errand. In this aide, we'll investigate the critical variables to consider to assist you with pursuing an educated choice.

1. Leather sofa: Grasping the Sorts of Cowhide

the most vital phase in picking a calfskin couch set is understanding the various kinds of cowhide accessible. Cowhide quality fundamentally influences the look, feel, and life span of your couch.

• Full-Grain Cowhide: This is the greatest calfskin, known for its strength and regular appearance. It holds the conceals unique surface and fosters a rich patina over the long haul.

• Top-Grain Calfskin: Somewhat worse than full-grain, top-grain cowhide is sanded down to eliminate blemishes. It offers a smooth completion and is more reasonable while as yet being solid.

• Part Cowhide: This is produced using the lower layers of the stow away. It's less tough and not unexpected utilized related to engineered materials. While less expensive, it doesn't mature as well as greater cowhides.

2.Choosing the Right Style

Leather sofa sets show up in different styles to suit different inclinations and internal parts. Coming up next are several popular decisions:

• Mid-Century Present day: Featuring clean lines, fixed legs. And a moderate arrangement, this style is unmistakably appropriate for the people who incline in the direction of a more contemporary look. • Sectional: Ideal for greater spaces, sectional sofas offer satisfactory seating and can be set up in various ways to oblige your family room plan.

• Seat Sofa: For outrageous comfort, consider a calfskin seat lounge chair set. This style solidifies luxury with convenience, making it ideal for film nights or loosening up.

3. Leather sofa: Considering the Assortment

while standard calfskin sofas much of the time come in shades of brown, the current market offers a wide bunch of assortments to suit any style.

• Excellent Hearty varieties: Rich gritty tones and tans give a warm, inviting feel and are adequately adaptable to blend in with most inside styles

• Extraordinary Blacks: A dim cowhide lounge chair adds a smooth. current touch and facilitates well with contemporary or present day plans On the off chance that you want to say something, pick a striking assortment like red, blue, or green. These colors can change it up and transformed into the mark of combination of your room.

• Seat Significance: A more significant seat is ideal for unwinding, while a shallower seat is better for upstanding sitting. Test the lounge chair to see what feels significantly better for you.

• Cushion Fill: High-thickness foam cushions offer firm assistance, while down-filled cushions offer a gentler, more luxurious feel. A couple lounge chairs combine both for a nice comfort level.

• Size and Scale: Assurance the love seat obliges your space without overwhelming it. Measure your room and ponder the sofa's angles equivalent to different decorations.

4 Backing and Care

Calfskin sofas are by and large easy to truly zero in on, but they genuinely require an upkeep to keep them putting the best version of themselves forward.

• Typical Cleaning: Buildup and vacuum the lounge chair without fail to hold soil back from dying down into the calfskin. Use a soaked material to wipe away spills rapidly.

• Avoid Direct Sunshine: Postponed receptiveness to light can make the cowhide obscure and break. Position your lounge chair away from direct sunshine or use window prescriptions to shield it.

5. Monetary arrangement Thoughts

a leather sofa set love seat set is an endeavor, so balancing quality with your spending plan is critical. While full-grain calfskin is more exorbitant, it justifies the cost for its sturdiness and ever-enduring appeal.

In case you're on an all the more close spending plan, ponder top-grain or split cowhide decisions, yet have some familiarity with the tradeoffs in life length and appearance.

6. Where to Buy

When buying a leather sofa set, be sure to choose a trustworthy retailer that provides a warranty and a fair return policy. Contemplate visiting a showcase region to test the lounge chair's comfort and quality up close and personal, or read reviews if you're shopping on the web.

A leather sofa set can be a stunning development to your home, offering comfort, strength, and a sprinkle of luxury. By sorting out the sorts of calfskin, picking the right style, assortment, and size, and staying aware of it fittingly.

You can participate in your cowhide sofa for a seriously lengthy timespan into what's to come. Whether you opt for a classic Chesterfield or a modern sectional, your choice of a leather sofa will undoubtedly enhance the style of your living space.

[poonamcmi]

Thermal Energy Storage Market is Estimated to Witness Double Digit Growth due to Rising Demand for Renewable Energy Sources

Thermal energy storage (TES) offers solutions for energy storage, load shifting and improved power plant efficiency. It enables shifting renewable power generation to better match electricity demand. Thermal energy, in the form of heat or cold, is captured and stored for later use in district heating or cooling applications and industrial processes. Key advantages of thermal energy storage over electrical storage technologies include relatively low costs, large energy storage capacities, and near-room-temperature operation. Rapid growth of renewable generation from solar and wind is driving the need for energy storage solutions to utilize surplus renewable power.

The Global Thermal Energy Storage Market is estimated to be valued at US$ 5.66 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Thermal Energy Storage market are BrightSource Energy, Inc., EnergyNest AS., Ice Energy, Baltimore Aircoil Company, Inc., Abengoa Solar, S.A, Burns and McDonnell, Inc., and DC Pro Engineering. These players are focusing on contracts and agreements strategies to strengthen their foothold in the thermal energy storage market.

Development of innovative and cost-effective thermal energy storage technologies Thermal Energy Storage Market Demand  Advances in phase change materials, thermo-chemical energy storage, and other storage media will facilitate commercialization of large-scale thermal storage systems.

North America dominates the global thermal energy storage market due to rising emphasis on renewable integration and decarbonization of power grids. However, Asia Pacific is expected to witness the fastest growth on account of rapidly increasing energy demand and government initiatives to adopt renewable energy in countries like China and India.

Market Drivers

Rising demand for renewable energy integration is a major driver of the thermal energy storage market. As the share of variable solar and wind power increases, cost-effective long-duration energy storage solutions are required to balance intermittent renewable resources. Thermal storage technologies help overcome the mismatch between power generation and usage more effectively than intermittent battery storage. Government policies and targets related to renewable portfolio standards, carbon emission reduction also support the demand for TES worldwide.

PEST Analysis

Political: Thermal energy storage faces regulations around safety and emissions. Various government policies and subsidies can promote its adoption for managing peak power loads and integrating renewable resources.

Economic: Rising energy costs and demand are driving interest Thermal Energy Storage Market Size And Trends to reduce costs and maximize renewable energy usage. Its ability to store heat cheaply and discharge it on demand adds economic value to various industries and buildings.

Social: Thermal storage helps boost energy access and affordability for residential and commercial users. Its role in supporting renewable energy adoption aligns with public sentiment around cleaner energy and climate change mitigation.

Technological: Advancements are occurring in materials, phase-change technologies, and integrated smart control systems to improve storage density, cycling efficiency and usability of thermal energy storage across applications. Its integration with existing HVAC and power facilities utilizes latest digitalization. Geographical concentration of market value

Europe accounts for a major share of the global thermal energy storage market value currently due to supportive policies and initiatives for renewable integration and decarbonization of heat in buildings. Countries like Germany, France and the UK have demonstrated leadership. North America is another significant regional market backed by initiatives to modernize energy infrastructure.

Fastest growing region Asia Pacific region is projected to witness the highest growth in the thermal energy storage market during the forecast period driven by increasing government focus as well as private sector investments in renewable energy adoption, district heating and cooling systems in countries like China, India and Japan. Rapid urbanization and rising energy demand in the developing economies of the region present compelling opportunities. Get More Insights On, Thermal Energy Storage Market About Author:    Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

[industrynewsupdates]

The global thermal energy storage market size was valued at USD 4.1 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 9.45% from 2020 to 2027. 

Shifting preference towards renewable energy generation, including concentrated solar power, and rising demand for thermal energy storage (TES) systems in HVAC are among the key factors propelling the industry growth. Growing need for enhanced energy efficiency, coupled with continuing energy utilization efforts, will positively influence the thermal energy storage demand. For instance, in September 2018, the Canadian government updated a financial incentive plan “Commercial Energy Conservation and Efficiency Program” that offers USD 15,000 worth rebates for commercial sector energy upgrades.

Gather more insights about the market drivers, restrains and growth of the Thermal Energy Storage Market

The market in the U.S. is projected to witness substantial growth in the forthcoming years on account of increasing number of thermal energy storage projects across the country. For instance, in 2018, the U.S. accounted for 33% of the 18 under construction projects and 41% of the total 1,361 operational projects globally. Presence of major industry players in the country is expected to further propel the TES market growth in the U.S.

The U.S. Department of Energy (DoE) evaluates thermal energy storage systems for their safety, reliability, cost-effective nature, and adherence to environmental regulations and industry standards. It also stated that Europe and the Asia Pacific display higher fractions of grid energy storage as compared to North America. Rising need for a future with clean energy is prompting governments across the globe to take efforts towards developing innovative energy storage systems.

The primary challenge faced by the thermal energy storage sector is the economical storage of energy. An important advancement in this sector has been the usage of lithium-ion batteries. These batteries exhibit high energy density and long lifespans of 500 deep cycles, i.e. the number of times they can be charged from 20% to their full capacity before witnessing a deterioration in performance. They can also be utilized in electric vehicles, district cooling and heating, and power generation.

Thermal Energy Storage Market Segmentation 

Grand View Research has segmented the global thermal energy storage market report on the basis of product type, technology, storage material, application, end user, and region:

Product Type Outlook (Revenue, USD Million, 2016 - 2027)

• Sensible Heat Storage

• Latent Heat Storage

• Thermochemical Heat Storage

Technology Outlook (Revenue, USD Million, 2016 - 2027)

• Molten Salt Technology

• Electric Thermal Storage Heaters

• Solar Energy Storage

• Ice-based Technology

• Miscibility Gap Alloy Technology

Storage Material Outlook (Revenue, USD Million, 2016 - 2027)

• Molten Salt

• Phase Change Material

• Water 

Application Outlook (Revenue, USD Million, 2016 - 2027)

• Process Heating & Cooling

• District Heating & Cooling

• Power Generation

• Ice storage air-conditioning

• Others

End-user Outlook (Revenue, USD Million, 2016 - 2027)

• Industrial

• Utilities

• Residential & Commercial

Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Russia

o Germany

o Spain

• Asia Pacific

o China

o India

o Japan

o South Korea

• Central & South America

o Brazil

• Middle East and Africa (MEA)

o Saudi Arabia

Browse through Grand View Research's Power Generation & Storage Industry Research Reports.

• The global energy storage for unmanned aerial vehicles market size was estimated at USD 413.25 million in 2023 and is expected to grow at a CAGR of 27.8% from 2024 to 2030. 

• The global heat recovery steam generator market size was estimated at USD 1,345.2 million in 2023 and is projected to reach USD 1,817.0 million by 2030 and is anticipated to grow at a CAGR of 4.5% from 2024 to 2030.

Key Companies & Market Share Insights

Industry participants are integrating advanced technologies into the existing technology to enhance the product demand through the provision of improved thermal energy management systems. Furthermore, eminent players are emphasizing on inorganic growth ventures as a part of their strategic expansion. Some of the prominent players in the global thermal energy storage market include:

• BrightSource Energy Inc.

• SolarReserve LLC

• Abengoa SA

• Terrafore Technologies LLC

• Baltimore Aircoil Company

• Ice Energy

• Caldwell Energy

• Cryogel

• Steffes Corporation

Order a free sample PDF of the Thermal Energy Storage Market Intelligence Study, published by Grand View Research.

[iammikebrown6]

PCB Prototype: Choosing an Agile Service Provider

Understanding PCB Prototyping

As the demand for premium printed circuit board (PCB) prototypes escalates, companies confront the challenge of adhering to strict quality standards while delivering products promptly. This is particularly critical in industries such as aerospace, defense, medical, and industrial automation. Selecting the right PCB prototype provider is crucial for enhancing operational efficiency and maintaining product integrity. This article explores the benefits of choosing a nimble, smaller PCB prototype provider, known for a high ratio of engineers to assemblers, over larger, more bureaucratic organizations.

The Importance of PCB Prototyping

PCB prototyping is a fundamental phase in product development, involving the creation of a circuit board model to test and refine the design before entering mass production. This stage is essential for identifying potential defects, verifying functionality, and making necessary adjustments. Precision, meticulous attention, and the capacity for rapid iteration are essential, with smaller, agile providers often excelling in these areas.

Benefits of Agility and Dedicated Customer Service

Choosing a smaller PCB prototype provider offers numerous advantages, primarily their agility. These providers can quickly adapt to changes and specific customer requirements due to their smaller size. They manage a deliberately limited customer base, which allows for personalized service and close attention—qualities that are often missing in larger entities. This dedicated customer service ensures prototypes meet exact specifications and timelines.

Furthermore, smaller firms are generally more capable of handling urgent demands and last-minute changes. Their streamlined operations and minimal bureaucratic hurdles enable quick responses, shortening the time from design to prototype, which is vital for industries requiring fast market entry.

Superior Engineer-to-Assembler Ratio

Many smaller PCB prototype providers maintain a high ratio of engineers to assemblers, ensuring substantial technical expertise is available throughout the prototyping process. Engineers have deep knowledge of design principles, materials, and manufacturing techniques crucial for developing a high-quality PCB prototype.

With a larger contingent of engineers, smaller providers can offer more comprehensive support and problem-solving capabilities. They work closely with clients to understand specific needs, provide technical insights, and suggest design improvements that enhance the final product. This collaborative approach is often lacking in larger facilities, where the focus may be more on volume production than on the nuances of individual projects.

Addressing Quality Challenges

Maintaining a strong quality policy is critical in PCB prototyping. Smaller providers, with their focused client approach, can dedicate more resources to ensure each prototype meets stringent quality standards. They are less likely to overlook details or cut corners—a common risk in larger operations focused on output.

Additionally, these smaller entities often implement stricter quality control measures. Each prototype is thoroughly tested and inspected, with engineers actively identifying any potential issues. This proactive approach helps resolve problems early, avoids costly delays, and ensures that the final product is reliable and performs as expected.

Flexibility Over Bureaucracy

Large PCB prototype shops may suffer from bureaucratic inefficiencies, where their size and structure can hinder quick decision-making, enforce rigid procedures, and reduce flexibility in addressing unique client needs. In contrast, smaller providers are typically more adaptable, with less bureaucracy and a culture that supports innovation and prompt responses.

This flexibility allows smaller providers to experiment with new methods, swiftly incorporate advanced technologies, and customize their services to meet specific client demands. For companies requiring PCB prototypes, this means access to the latest advancements and a tailored approach to their projects.

Conclusion

Choosing the right provider is crucial for the success of any project. Smaller, agile PCB prototype providers with a higher engineer-to-assembler ratio offer significant benefits, including excellent customer service, quick turnaround times, and a dedicated focus on quality.

Their ability to overcome the challenges often faced by larger, more bureaucratic firms makes them the preferred choice for businesses ready to launch innovative products quickly and efficiently. By leveraging the strengths of these agile providers, companies can ensure their PCB prototypes adhere to the highest standards, paving the way for successful product development and market success.

For exceptional quality and personalized service in your PCB prototyping needs, consider selecting a highly agile provider. Visit our website to request a quote and explore our services.

[dcwaterpump]

Pump Solution Guide for Data Center and Server Liquid Cooling System

The Importance of Liquid Cooling for Data Centers

Liquid cooling is a key method for enhancing energy efficiency in data centers. According to statistics from the White Paper on Liquid Cooling in China's Data Centers, the market size for liquid-cooled data centers in China is expected to exceed 100 billion RMB by 2024.

When the Thermal Design Power (TDP) reaches 200-300W, specialized airflow management, increased fan capacity and speed, as well as larger and thicker heat sinks, are required to dissipate heat fast enough in server thermal designs. However, when the TDP reaches 350-400W, cooling servers with air becomes extremely difficult and costly, with air cooling nearing its limits. (Data source: Application and Development of Liquid Cooling Technology in Data Centers)

In this situation, liquids with higher thermal conductivity become a better option for heat dissipation. Compared to traditional air cooling, liquids can remove 1,000 to 3,000 times more heat per unit volume, not only achieving precise component-level cooling and ensuring the high performance and reliability of components but also facilitating heat recovery, thereby improving energy efficiency.

Liquid cooling refers to the use of liquids instead of air as the coolant to transfer heat away from heat-generating components. By injecting this liquid into servers, the heat can be removed through heat exchange. Generally, the industry classifies liquid cooling into direct and indirect cooling. Currently, indirect cooling mainly involves cold plate liquid cooling technology, while direct cooling primarily focuses on immersion liquid cooling technology, which can be further divided into phase-change and non-phase-change types. Additionally, there is spray-type liquid cooling.

TOPSFLO liquid cooling pump solutions

The rise of Generative AI (AIGC) and the breakthrough applications of large-scale model technologies have significantly increased demands on the computational efficiency of servers and chipsets. Enhancing CPU and GPU processing power is urgently needed to support their vast computational requirements. In response to the challenges of server overheating and the surge in energy consumption due to rapidly increasing computing power, liquid cooling technology has emerged as a cutting-edge solution. TOPSFLO’s liquid cooling pump solutions precisely match the diverse cooling needs of servers, offering broad compatibility with cold plate efficient cooling, cooling distribution unit (CDU) optimization, and innovative immersion cooling methods. These solutions are adaptable to meet the customized design needs of various clients, ensuring that servers maintain cool and efficient performance even under high workloads.

With nearly 20 years of experience in the DC micro pump industry, TOPSFLO possesses extensive expertise in cooling and pressure boosting solutions for pumps. TOPSFLO has made significant strides in developing liquid cooling solutions for the data center industry, successfully creating liquid cooling pumps that are optimally suited for data center applications.

Advantages of TOPSFLO Liquid Cooling Pump Solutions

Leak-proof, Safe, and Reliable: Designed with consideration for data center leakage concerns, the pump's structure and materials have been carefully selected to ensure safety and prevent leaks.

Comprehensive Product Range: Our solutions cater to various data center cooling requirements, supporting different CPU/GPU power ratings (200W-1000W) and various application.

Low Noise: Compared to fan-based solutions, our pump systems reduce noise levels by over 40%.

Long Lifespan: Designed to meet the operational needs of data center equipment for up to 10 years.

Strong Material Compatibility: Our pumps are compatible with a wide range of liquid media to suit different application environments.

Data Center Liquid Cooling Pump Solutions with Different Functions

1. Cold plate liquid cooling pump solution

Cold plate liquid cooling mainly uses cold plates (enclosed cavities made of high thermal conductivity metals such as copper and aluminum) to indirectly transfer the heat of components to the cooling liquid enclosed in the circulation pipe, and then uses the coolant to take away the heat. It transports the intermediate heat to the back end for cooling through the transfer characteristics of the working fluid. The system mainly includes liquid cold plates, liquid cooling water pumps, pipes, joints, etc.

TOPSFLO water pump solution for 1U/2U servers, combined with cold plate liquid cooling solution —TDC

2. Immersion Liquid Cooling Pump Solutions

Immersion liquid cooling involves submerging the heat-generating components of electronic devices directly into a cooling liquid, where heat is dissipated through heat exchange. The key equipment and facilities involved include outdoor cooling sources, cooling subsystems, liquid cooling pumps, liquid cooling pipelines, and immersion chambers (liquid cooling cabinets). Immersion liquid cooling can be categorized into two types based on whether there is a phase change in the cooling medium: single-phase immersion liquid cooling and phase-change immersion liquid cooling. The primary function of the liquid cooling pump is to promote liquid circulation and accelerate heat dissipation. Compared to phase-change immersion liquid cooling, single-phase immersion liquid cooling requires pumps with higher power to achieve effective liquid circulation.

3. Cold distribution unit CDU

CDU is a cooling distribution unit that connects the cold plate liquid cooling internal circulation and external circulation. The cold plate liquid cooling joint is divided into two layout forms: centralized CDU and distributed CDU. CDU components include interfaces, micro water pumps, liquid-liquid or air-liquid heat exchangers, liquid storage tanks, valve control devices, monitoring devices, filters and various sensors, which are mainly used for the measurement and control of cooling capacity, flow, pressure and temperature. In order to ensure that sufficient cooling power can be provided for the equipment, a powerful micro water pump will be used in the CDU to ensure uniform and sufficient distribution of cooling capacity.

TOPSFLO High-end and Reliable Liquid Cooling Pump Solutions

TOPSFLO has a professional team with reliable capabilities in micro water pumps and liquid cooling technology, and can provide customers with a variety of liquid cooling water pump solutions. These solutions are designed and verified to adapt to the limited cooling space and heat dissipation requirements of each data center, while ensuring excellent cooling efficiency and reliability.

TOPSFLO different series of liquid cooling water pumps are introduced into servers for various application scenarios, and can also be customized according to the cooling needs of different applications, striving to provide our customers with a wider range of liquid water pump solution options.

Wanna to get custom pump service? Feel free to contact us now:

Email: info@topsflo.com

Whatsapp/Wechat：+86-19376691419

Visit our Web: https://www.topstec.com/ http://www.topsflo.com/

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 New Flats in Rohini

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Rohini has Changed as a hotspot for real estate development, particularly in the segment of new flats. These residential complexes offer a plethora of options ranging from compact studio apartments to spacious multi-bedroom units, catering to diverse lifestyle preferences and family sizes.

Architectural Marvels:

New flats in Rohini are not just living spaces; they are architectural marvels designed to maximize comfort and aesthetic appeal. Modern designs incorporate sleek facades, expansive balconies, and smart utilization of space to create airy and well-lit interiors. Each unit is meticulously crafted with premium materials and finishes, reflecting contemporary tastes and lifestyle aspirations.

Amenities Beyond Expectations:

One of the hallmarks of new flats in Rohini is their focus on providing world-class amenities. Residents are treated to a range of facilities including landscaped gardens, state-of-the-art fitness centers, swimming pools, and recreational spaces. Dedicated parking areas, round-the-clock security, and high-speed internet connectivity further enhance the convenience and safety of urban living.

Sustainable Living:

In an era of environmental consciousness, New flats in Rohini incorporate sustainable practices to minimize their ecological footprint. Energy-efficient lighting, rainwater harvesting systems, and waste management solutions are seamlessly integrated into the design, promoting a greener and healthier lifestyle for residents.

Connectivity and Accessibility:

Strategic location is another key advantage of new flats in Rohini. They are well-connected to major highways, metro stations, and public transportation networks, ensuring easy access to the heart of Delhi and other parts of the National Capital Region (NCR). Proximity to educational institutions, healthcare facilities, shopping malls, and entertainment zones adds to the appeal of these residential enclaves.

Community Living Redefined:

Beyond luxurious amenities and modern conveniences, new flats in Rohini foster a sense of community. Thoughtfully planned common areas and social spaces encourage interactions among residents, creating a vibrant and inclusive neighborhood atmosphere. Events, workshops, and cultural programs organized within the complex further enrich the social fabric of the community.

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Investing through ESTATE PARAMOUNT  in a new flat in Rohini is not just about owning a home; it's great financial decision. The suburb's real estate market has shown consistent growth, making it an attractive destination for investors seeking long-term appreciation. High rental demand from young professionals and families further enhances the investment potential of these properties.

Why you should invest in New flats in Rohini?

Investing in new flats in Rohini offers an opportunity to own a modern, well-equipped home in one of Delhi's burgeoning residential neighborhoods. With developers focusing on quality, amenities, and location advantages, prospective homebuyers can find a suitable living space that meets their aspirations and lifestyle needs.

Why Estate paramount is Best in Rohini?

Estate paramount provides Residential or commercial properties, tailored advice and solutions that align with clients' investment goals and preferences. our reputation for professionalism and ethical practices has garnered trust and loyalty among clients.

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7 Guidelines For Planning And Executing A Proper Office Move

Moving an office with the assistance of commercial removalists Canberra is a significant undertaking that requires meticulous planning and seamless execution. Whether you are relocating to a larger space to accommodate growth, seeking a more strategic location, or downsizing to optimise costs, the process can be both exciting and daunting. Ensuring a smooth transition is crucial to minimise downtime and maintain productivity. Careful consideration of various factors and detailed planning can help you achieve a successful office move without disrupting your operations.

The following list provides some essential guidelines to help you plan and execute a proper office move.

Start Early and Develop a Comprehensive Plan

Begin the planning process well in advance of your intended move date. This allows ample time to address potential issues and avoid last-minute hassles. Create a detailed moving checklist that includes all tasks, deadlines, and responsible parties. Your plan should cover every aspect of the move, from securing the new location to the actual moving day logistics. Include timelines for each phase of the move, ensuring that all team members are aware of their roles and responsibilities.

Conduct a Thorough Inventory

Conducting a comprehensive inventory of your current office is essential. This helps in deciding what to move, what to dispose of, and what to donate. An inventory will also assist in determining the necessary packing materials and the size of the moving team required. Label all items clearly and create an inventory spreadsheet to track everything. This step will not only make packing more efficient but also simplify the unpacking process at the new location.

Communicate with Your Team

Clear and consistent communication with your team is crucial for a smooth office move. Keep everyone informed about the moving schedule, their specific responsibilities, and any changes that may arise. Hold regular meetings to discuss progress and address any concerns. Encourage team members to voice their opinions and suggestions, as they can offer valuable insights and help identify potential issues you might have overlooked.

Plan for IT and Telecommunications Setup

The setup of IT and telecommunications infrastructure is one of the most critical aspects of an office move. Coordinate with your IT department or service providers to ensure that all technology, including computers, servers, internet, and phone lines, is set up and tested before the move. Plan for any necessary downtime and make arrangements to minimise disruption to your business operations. Consider backing up all data and creating a contingency plan in case of unexpected technical issues.

Consider the Layout of the New Office

The layout of your new office can significantly impact productivity and employee satisfaction. Plan the new office layout to ensure it meets the needs of your business and fosters a positive work environment. Consider factors such as departmental adjacency, meeting room locations, and common areas. Engage your employees in the planning process to ensure the new layout supports their workflows and promotes collaboration.

Hire Professional Movers

Engaging professional movers can save time, reduce stress, and ensure that your office move is handled efficiently. Look for movers with experience in office relocations and check their references. Provide them with a copy of your moving plan and inventory list to facilitate coordination. Professional movers can offer valuable advice on packing, transportation, and setting up your new office space, helping to make the transition as smooth as possible.

Update Your Address and Notify Stakeholders

Once your move is finalised, it is essential to update your address and notify all relevant stakeholders. This includes clients, suppliers, service providers, and any regulatory bodies. Update your business address on all marketing materials, websites, and directories. Send out notifications well in advance of the move to ensure a seamless transition. Additionally, consider holding an office warming event or sending out announcements to highlight the new location and maintain positive relationships with your stakeholders.

Hiring professional movers and updating your address with all stakeholders further streamlines the moving process. Remember, the goal is to create an environment that enhances productivity and fosters a positive work culture. With careful planning and execution, your office move can be a positive and transformative experience for your business. Following these guidelines will help you achieve a successful relocation and set the stage for continued growth and success in your new office space.

[adityarana1687-blog]

Microcrystalline Cellulose Market To Reach $1,805.06 Million By 2030

The global microcrystalline cellulose market size is anticipated to reach USD 1,805.06 million by 2030, registering a CAGR of 6.3% during the forecast period, according to a new report by Grand View Research, Inc. microcrystalline cellulose (MCC) is valued for its properties, such as being a versatile excipient in pharmaceuticals, a stabilizer & thickener in personal care & cosmetics, and an effective binder & filler in food & beverages. In addition, as the popularity of natural and sustainable ingredients grows, MCC derived from renewable resources like wood pulp is preferred over synthetic alternatives, further driving the market.

Microcrystalline cellulose is typically produced through controlled hydrolysis of cellulose, which can be sourced from various natural sources such as wood pulp, cotton, or other plant fibers. The process involves treating cellulose with mineral acids or enzymes to break down with cellulose fibers into crystalline particles. Enzymatic hydrolysis, advanced processing, green solvents, and nanotechnology are some of the technological advancements in the current market scenario.

The increasing usage of the product in the personal care & cosmetics sector is one of the major driving factors for the consumption of MCC over the coming years. MCC is utilized in the personal care & cosmetics industry in products, such as toothpaste, skin cream, and makeup formulations as viscosity modifiers, emulsion stabilizers, and texture enhancers. The expanding personal care & cosmetics sector, driven by increasing consumer awareness of skincare and grooming, contributes to the increasing application of the product.

On the other hand, fluctuations in the prices of raw materials such as cellulose pulp can impact the production and prices of final microcrystalline cellulose. Additionally, competition from other cellulose-based products or synthetic alternatives may influence pricing dynamics, potentially restricting market growth.

 Request a free sample copy or view report summary: Microcrystalline Cellulose Market Report

Microcrystalline Cellulose Market Report Highlights

The non-wood-based sources segment is anticipated to grow at the highest CAGR over the forecasted period. Non-wood-based sources like agricultural residue, such as corn stover, wheat straw, and rice husks, offer more sustainable alternatives than wood-based sources, reducing pressure on forests, and promoting circular economy principles.

The liquid MCC segment is expected to witness the highest CAGR over the coming years on account of its properties, such as improved stability, viscosity control, and suspension properties, making it more desirable for formulations requiring these properties

The food & beverages industry is anticipated to witness the highest growth rate over the next years, owing to the rising penetration of the product in food & beverage production on account of its beneficial properties

Asia Pacific is expected to witness the fastest growth over the forecasted period owing to rapid technological advancements, the presence of large pharmaceutical and food & beverages industries, changing consumer preferences & trends, and the presence of some of the key manufacturing companies

In November 2023, International Flavors & Fragrances, Inc., and BASF Pharma Solutions collaborated on the virtual pharma assistant platform ZoomLab. In the first phase of the collaboration, IFF’s Avicel microcrystalline cellulose and super disintegrant Ac-Di-Sol became available on the platform

Microcrystalline Cellulose Market Segmentation

Grand View Research has segmented the global microcrystalline cellulose market on the basis of source, form, application, and region:

Microcrystalline Cellulose (MCC) Source Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Wood-based

Non-wood-based

Microcrystalline Cellulose (MCC) Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Powdered

Liquid

Microcrystalline Cellulose (MCC) Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Pharmaceutical

Food & Beverages

Personal Care & Cosmetics

Paints & Coatings

Other Applications

Microcrystalline Cellulose (MCC) Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

India

Japan

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

South Africa

Saudi Arabia

List of Key Players in the Microcrystalline Cellulose Market

Roquette Frères

JRS PHARMA

Asahi Kasei Corporation

Apollo Scientific Ltd

SEPPIC

Ankit Pulps

GODAVARI BIOREFINERIES LTD.

International Flavors & Fragrances Inc.

DFE Pharma

Fengchen Group Co., Ltd.

Foodchem International Corporation

[robertemma27-blog]

Hygienic Pumps and Valves Market Dynamics: Trends, Drivers, and Challenges

The global hygienic pumps and valves market size is predicted to grow from USD 2.3 billion in 2023 to USD 2.8 billion by 2028, at a CAGR of 3.7%.

Hygienic pumps and valves are used in different industries, such as food and beverages. Manufacturers across these industries must follow several hygiene standards defined by various associations. These standards help in the adoption of hygienic equipment, as they provide control over processes, enhance production, and avoid the contamination of products. 

In the pharmaceutical industry, manufacturing pharmaceutical products requires maintaining high hygiene standards at each phase of the manufacturing process, such as materials, equipment, containers, premises, and cleaning and disinfecting products, to ensure the purity and quality of final products and the strength of active ingredients. These standards provide adequate and safe products for patients.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=145672200

Hygienic Pumps and Valves Market Dynamics

DRIVERS: Rising demand for processed food & beverages globally In recent years, a tremendous rise can be seen in the consumption of processed food globally. Several facts contribute to the overall increased processed food industry. Changing lifestyles, growing globalization, and rising population are major driving factors supporting the adoption of processed foods and beverages. The growing population and increasing economy have pushed the trend for packaged foods and drinks as they are more conveniently available and can be stored longer than fresh foods. The cost of living has improved, so the population is leading a busier lifestyle, hence opting to cut down the efforts and time needed to cook the food. These factors have significantly risen the refrigerated and ready-to-eat packaged food markets.

RESTRAINTS: Fluctuations in raw material prices Manufacturing hygienic pumps and valves requires non-corrosive, odorless, and nontoxic materials, mainly 304L or 316L stainless steel. Stainless steel contains nickel and chromium raw materials. The production price of stainless steel depends on the prices of these raw materials, which fluctuate due to the factors such as geopolitical events, trade policies, global supply and demand gap, transportation costs, and others. Hence, this affects the pricing of stainless steel production and supply globally. The highly varying raw material costs also lead to ineffective price management and fluctuations in profit margins. This variation in the end-product prices also affects the sales of hygienic pumps and valves. These factors result in changes in the adoption of sanitary pumps and valves across various industries, thus restraining the market.

OPPORTUNITIES: Growing adoption of IIoT in process industries Hygienic/sanitary pumps and valves are critical components of various industrial equipment in process industries such as food & beverage and pharmaceutical. The failure of these pumps and valves could lead to disruptions in plant processes. Traditional, schedule-based maintenance methods fail to alert manufacturing companies about impending valve failures. Due to this, technicians often inform about faults while inspecting pumps and valves, resulting in unplanned downtime. However, recent developments in data science, communications, and computing power have enabled companies to leverage the IIoT technology to reduce unplanned downtime due to valve failure. IIoT enables hygienic pump and valve experts to monitor their health in a plant remotely and track the efficiency, lifecycle, and potential chances of failure of these valves.

CHALLENGES: Rising competition from gray market players and unorganized sector With the increasing number of local players across regions and the growing existence of gray market players, the competition for industrial players is increasing enormously. With the growing competition, the well-established players in this market face challenges, especially in developing regions such as Asia Pacific and South America. These players must be cautious and sensitive about their product quality, service offerings, and commitments to their industrial customers. The gray market players are known for buying products from low-price countries or regions and selling them to high-price countries or regions through distribution channels not authorized by the original manufacturer or trademark proprietor. All these factors act as a challenge for existing market players.

[tamanna31]

Chillers Market Size, Share, Growth, Analysis Forecast to 2030

Chillers Industry Overview

The global chillers market size was estimated at USD 9,928.3 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030.

The market is driven by the rising need for cost-effective and energy-efficient space cooling solutions in commercial and industrial sectors. This, in turn, is expected to augment the demand for the chillers market over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Chillers Market

According to the U.S. Department of Agriculture (USDA), the growing population, rising consumer disposable income, and ongoing urbanization are expected to augment the growth of commercial and residential sector in the country in the forecast period. The demand for chillers in the U.S. residential sectors is driven by a combination of factors, including the need for efficient and reliable air conditioning systems. With a focus on energy efficiency, homeowners are increasingly adopting chillers equipped with advanced technologies and smart controls to ensure precise temperature regulation while minimizing environmental impact. In the commercial sector, the demand for chillers remains robust, particularly in industries such as hospitality, healthcare, and data centres.

Moreover, chillers play a pivotal role in maintaining optimal temperatures for occupant comfort, equipment reliability, and critical processes. The trend towards sustainable building practices and stringent energy efficiency standards further accelerates the adoption of chillers in both residential and commercial applications across the U.S.

The integration of advanced technologies is transforming the global market. Smart chillers, equipped with IoT capabilities, sensors, and predictive maintenance features, allow for remote monitoring and optimization. These technologies enhance overall system efficiency, reduce downtime, and contribute to cost savings. These aforementioned factors are further expected to drive the demand for market over the forecast period.

Global Chillers Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this report, Grand View Research has segmented the global chillers market report based on product, application, compressor type, and region

Product Outlook (Revenue, USD Million, 2018 - 2030)

Water-Cooled

<50kW

51-100kW

101-500kW

501-1000kW

1001-1500kW

>1501kW

Air -Cooled

<50kW

51-100kW

101-500kW

501-1000kW

1001-1500kW

>1501kW

Application Outlook (Revenue, USD Million, 2018 - 2030)

Commercial

Corporate Offices

Data Centers

Public Buildings

Mercantile & Service

Healthcare

Others

Industrial

Chemicals & Pharmaceuticals

Food & Beverage

Metal Manufacturing & Machining

Medical & Pharmaceutical

Plastics

Others

Residential

Compressor Type Outlook (Revenue, USD Million, 2018 - 2030)

Screw Chillers

Centrifugal Chillers

Absorption Chillers

Scroll Chillers

Reciprocating Chillers

Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

UK

Germany

France

Italy

Spain

Russia

Asia Pacific

China

Japan

India

Australia

Thailand

South Korea

Indonesia

Malaysia

Central & South America

Brazil

Argentina

Middle East and Africa

Saudi Arabia

South Africa

UAE

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

• The global hardfacing welding market size was estimated at USD 1.73 billion in 2023 and is forecasted to grow at a CAGR of 5.3% from 2024 to 2030.

• The global advanced phase change materials market size was valued at USD 3.01 billion in 2023 and is anticipated to reach a CAGR of 8.2% from 2024 to 2030.

Key Chillers Company Insights

The global market is highly competitive on account of the presence of global and local manufacturers. Companies are engaged in expansion through mergers & acquisitions and joint ventures. These companies offer a wide range of systems that are sold through multiple channels, including distributors, company-owned websites, retailers & their websites, and e-commerce websites. For instance, in May 2023, Trane acquired MTA, an Italian manufacturer and distributor specializing in industrial refrigeration and air conditioning equipment. This strategic acquisition is expected to enhance Trane's commercial HVAC capabilities, particularly in key markets, by incorporating MTA's process chillers and expanding the rental and services business. With manufacturing sites located in Tribano and Conselve and a workforce of approximately 500 employees, MTA has an annual production capacity of 13,500 systems.

Key Chillers Companies:

The following are the leading companies in the chillers market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these chillers companies are analyzed to map the supply network

Trane

Cold Shot Chillers

Tandem Chillers

Drake Refrigeration, Inc

Refra

Carrier

FRIGEL FIRENZE S.p.A.

Midea

Daikin Industries, Ltd.

Johnson Controls

Rite-Temp

General Air Products

ClimaCool Corp.

Fluid Chillers, Inc.

Multistack International Limited

Honeywell International, Inc

Recent Developments

In December 2022, Trane unveiled its latest offerings, the water-cooled XStream eXcellent GVWF and air-cooled Sintesis eXcellent GVAF chillers. These innovative chillers incorporate magnetic-bearing compressors and utilize the low global warming potential (GWP) refrigerant R1234ze. Equipped with high-speed centrifugal compressor technology, these chillers deliver larger capacities, wider operating maps to meet challenging European climate conditions, and enhanced seasonal efficiencies, all while maintaining a compact size

In April 2021, refrigeration equipment manufacturer Refra initiated production operations at its newly established facility in Vievis, located in close proximity to the capital city, Vilnius, Lithuania. Spanning an area of 12,000 square meters, the factory is situated approximately 40 kilometers northwest of Refra's headquarters in Vilnius. The expansion has resulted in the creation of employment opportunities for an additional 100 individuals

Order a free sample PDF of the Chillers Market Intelligence Study, published by Grand View Research.

[industryinsightsandanalysis]

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.

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