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Alpine secures 200m backing from investors including Ryan Reynolds
Alpine secures €200m backing from investors including Ryan Reynolds By Balazs Szabo on 26 Jun 2023, 11:39 Alpine have secured a €200m backing from investors including Hollywood actors Ryan Reynolds and Rob McElhenney who are set to join an investor group taking a 24 per cent equity stake in the French car manufacturer's F1 outfit. On Monday morning, Alpine's parent company Renault announced a €200 million investment from Otro Capital and their partner, RedBird Capital Partners, along with Maximum Effort Investments in Alpine Racing. The injection represents a 24% equity stake while Renault’s engine division in Viry will remain entirely owned by the Renault Group. The transaction values Alpine Racing Ltd around $900 million following this investment with the team expecting the move to accelerate their growth plans and sporting ambitions in F1. The Investor Group has a strong track record of company-building with recognized partners such as the Dallas Cowboys, Fenway Sports Group, the NFL, Toulouse FC and Wrexham AFC. Alpine F1 team will also benefit from the Investor Group's expertise in data and technology, key enablers of marketing and commercial performance. Alec Scheiner, Co-Founder and Partner of Otro Capital, will join Alpine Racing Ltd’s Board of Directors. Commenting on the announcement, Alpine CEO Laurent Rossi said: “This association is an important step to enhance our performance at all levels. First, Otro Capital, RedBird Capital Partners and Maximum Effort Investments, as international players with strong track record in the sports industry, will bring their recognized expertise to boost our media and marketing strategy, essential to support our sporting performance over the long term. "Second, the incremental revenue generated will in turn be reinvested in the team, in order to further accelerate our Mountain Climber plan, aimed at catching up with top teams in terms of state-of-the-art facilities and equipment.” Co-Founder and Partner of Otro Capital Alec Scheiner added: “We are thrilled to have the opportunity to invest in Alpine F1. We believe in the management of the company, the value of the brand as well as the long-term trajectory of the sport. We believe that, along with our partners RedBird and Maximum Effort Investments, we can add value to Alpine's business operations and brand building, especially in North America.” Co-Founder of Maximum Effort Investments James Toney commented: “Maximum Effort Investments focuses on unlocking value through the power of storytelling, and we believe there is tremendous untapped potential in Alpine Racing. "We are eager to help shine a light on this incredible team. We’re thankful to our partners at Otro Capital and RedBird Capital Partners and look forward to diving in with them, as well as our co-investors Michael B. Jordan and Rob McElhenney." via F1Technical.net . Motorsport news https://www.f1technical.net/news/
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External Defibrillators Market - Emerging Trend, Top Players & Revenue Insights to 2030
The global external defibrillators market was valued at USD 3.51 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. This growth can be attributed to a variety of factors, including advancements in defibrillator technology, government initiatives aimed at increasing the accessibility of Automated External Defibrillators (AEDs) in public places, the rising incidence of sudden cardiac arrest (SCA), and proactive efforts by key market players. According to the American College of Cardiology Foundation in March 2021, the availability of public access to AEDs has significantly improved survival rates for individuals experiencing sudden cardiac arrests, underscoring the critical role these devices play in emergency situations. Additionally, the growing risk of heart conditions within the target population, particularly among those with sedentary lifestyles and aging demographics, presents opportunities for external defibrillators, including the development and utilization of at-home AEDs to help mitigate the risks associated with cardiac arrest.
The global increase in cardiac disease prevalence, linked to factors like sedentary lifestyles and an aging population, has led to higher rates of hospital admissions, particularly in critical care units. For example, a report by Boehringer Ingelheim GmbH in August 2021 revealed that heart failure, a chronic and debilitating condition, affects approximately 60 million individuals globally. Similarly, the Australian Institute of Health and Welfare reported in May 2022 that cardiovascular diseases (CVDs) accounted for 3.8% of hospital admissions, with many patients requiring intensive care. This rise in emergency and critical care admissions highlights the need for efficient cardiac rhythm management devices, contributing to the growth of the external defibrillator market. As cardiac conditions continue to rise, the demand for devices that can rapidly respond to cardiac arrest is expected to escalate, driving market expansion.
Gather more insights about the market drivers, restrains and growth of the External Defibrillators Market
Regional Insights:
North America External Defibrillators Market Trends
North America dominated the external defibrillators market with a revenue share of more than 42.93% in 2023. The region's substantial share is driven by several factors, including the presence of major industry players, supportive regulations that encourage the public availability of AEDs, and widespread adoption of defibrillators in healthcare facilities. Many national organizations in the U.S., such as the American Heart Association (AHA), advocate for the implementation of comprehensive Public Access Defibrillation (PAD) programs. These programs include the strategic placement of AEDs in public areas, along with regular maintenance, testing, and training for responders. Additionally, PAD programs emphasize coordination with Emergency Medical Services (EMS) and continuous quality improvement, all of which contribute to the high adoption rate of AEDs in public and healthcare settings across North America. This regulatory and infrastructural support has positioned North America as a leader in the external defibrillators market.
Europe External Defibrillators Market Trends
Europe is projected to witness the fastest growth in the external defibrillators market, with an estimated CAGR of 10.6% over the next several years. This growth is driven by several factors, including the region's well-established healthcare infrastructure, a large aging population that is more susceptible to cardiovascular diseases, and the presence of key players in the market. One example is WEINMANN Emergency Medical Technology GmbH + Co. KG, a German company that manufactures the MEDUCORE Standard series of external defibrillators. These devices are designed for use by emergency medical services, military medical teams, and hospitals. The strong presence of such companies in Europe, combined with the aging population's growing vulnerability to CVDs, is expected to drive demand for external defibrillators in the region.
Browse through Grand View Research's Category Medical Devices Industry Research Reports.
The global demineralized bone matrix market size was estimated at USD 1.24 billion in 2024 and is projected to grow at a CAGR of 5.9% from 2025 to 2030.
The global intravenous catheters market size was valued at USD 9.24 billion in 2024 and is projected to grow at a CAGR of 6.0% from 2025 to 2030.
Key Companies & Market Share Insights:
The external defibrillators market is highly competitive, with numerous players, both large and small, contributing to the fragmented nature of the industry. This competitive environment drives innovation and market expansion as companies seek to differentiate themselves. To sustain and grow their market positions, many companies are adopting strategies such as mergers and acquisitions, geographic expansion, and the introduction of new products. For instance, in September 2021, ZOLL MEDICAL made a strategic move by launching three models of AEDs in Thailand. This decision was based on the anticipated demand for AEDs in the country, with ZOLL MEDICAL estimating a need for up to 10,000 units. This initiative underscores ZOLL MEDICAL's proactive approach to addressing the growing demand for AEDs in Thailand, a market where the need for life-saving defibrillation technology is expected to increase significantly. Such market moves reflect the increasing focus on meeting global demand for AEDs and further demonstrate the industry's commitment to improving cardiac arrest survival rates through enhanced accessibility to defibrillation technology.
Key External Defibrillators Companies:
Koninklijke Philips N.V.
Stryker
ZOLL Medical Corporation
Nihon Kohden Corporation
Progetti Srl
Schiller AG
MS Westfalia GmbH
AMI Italia
Bexen Cardio
Silverline Meditech Pvt. Ltd.
Mediana Co., Ltd.
Shenzhen Mindray Bio-Medical Electronics
CU Medical
BPL Medical Technologies
Corpuls
Order a free sample PDF of the External Defibrillators Market Intelligence Study, published by Grand View Research.
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Cooltron DC Brushless Fans Reliable Efficient Versatile
When it comes to reliability and efficiency in cooling solutions, few brands stand out as prominently as Cooltron. As a leading DC brushless fan supplier, Cooltron has made a name for itself by delivering top-notch products that cater to the needs of customers across the United States, Canada, and Mexico. Whether you're looking for industrial-grade fans or more compact models for personal use, Cooltron offers a wide range of options designed to meet diverse requirements.
One of the standout features of Cooltron's DC brushless fans is their exceptional durability. Constructed with high-quality materials and built to last, these fans can withstand the rigors of continuous operation in various environments. This makes them an ideal choice for applications ranging from server rooms to manufacturing plants. The robust design ensures minimal maintenance and a long service life, making them a cost-effective solution for businesses and individuals alike.
Efficiency is another hallmark of Cooltron's product line. The DC brushless technology employed in these fans translates to significant energy savings without compromising on performance. Users can expect quieter operation and lower power consumption compared to traditional brushed motors. For those looking to reduce their carbon footprint while cutting down on energy costs, Cooltron's fans offer an excellent balance between environmental friendliness and economic benefits.
Cooltron stands behind its products with a strong commitment to customer satisfaction. Every fan undergoes rigorous testing before leaving the factory, ensuring that only the highest quality items reach consumers. The company also provides comprehensive support services, including detailed user guides, troubleshooting tips, and responsive customer service. This dedication to excellence has earned Cooltron a loyal following among professionals and enthusiasts who demand nothing but the best in cooling solutions.
In terms of versatility, Cooltron's DC brushless fans are second to none. They come in a variety of sizes and configurations to suit different installation spaces and cooling demands. Whether you need a small fan for a desktop computer or a larger model for a commercial HVAC system, there is a Cooltron fan that fits the bill. The ease of integration into existing setups makes these fans a preferred choice for both new installations and retrofits.
For those operating in North America, Cooltron offers unparalleled convenience and accessibility. With a broad distribution network covering all states and regions within the US, Canada, and Mexico, getting your hands on a Cooltron fan has never been easier. Local availability means faster delivery times and simpler logistics, allowing customers to enjoy the benefits of these advanced cooling solutions without delay.
In conclusion, if you are in the market for reliable, efficient, and versatile DC brushless fans, look no further than Cooltron. Their commitment to quality, innovation, and customer service sets them apart in a crowded field. Whether you are a tech enthusiast, a business owner, or a facility manager, investing in a Cooltron fan is a decision you won't regret. Experience the difference today and join the many satisfied customers who have already discovered the superior performance of Cooltron's products.
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GMI Cloud is building a new GPU infrastructure
The boom in artificial intelligence has created a huge demand for graphics processing units (GPUs). As many enterprises are looking to integrate artificial intelligence technologies into their systems, GPU infrastructure providers help them get access to the chips they need.
Cloud infrastructure
GMI Cloud, a San Jose-based startup that provides GPU cloud infrastructure, raised 82 million dollars in a Series A led by Headline Asia and strategic investors such as Banpu, a Thailand-based energy company, and Wistron, a Taiwan-based electronics company. Banpu will offer GMI Cloud capacity, while Wistron will develop products with the startup. The strategic partnership expands the company's ability to meet the growing global demand for GPUs, GMI Cloud founder and CEO Alex Ye told TechCrunch. The investment round, which brings the total capital raised to 93 mln dollars, consists of 15 mln dollars in equity and 67 mln dollars in debt financing.
Company launch
The company, which launched in 2022, started as a data center focused on providing Bitcoin compute node services. In an exclusive interview with TechCrunch, Ye said he noticed a growing demand for GPU computing power from investors and customers, and in response, shifted the company's focus to cloud-based artificial intelligence infrastructure.
Ye said the two-year-old startup already serves dozens of customers, including those in healthcare, research and telecommunications. The corporation plans to use the funding to build a new data center in Colorado. The facility will be needed to expand the company's capacity in North America and will complement existing data centers in Taiwan, Thailand and Malaysia. The company also plans to expand to 60-70 employees by the end of the year. The startup now has 35 employees in Asia and 18 in the US.
According to a recent McKinsey report, artificial intelligence could bring about 13 trillion dollars to the economy by 2030, of which the industrial sector will account for about 1 trillion dollars. According to a report by Grand View Research, the global artificial intelligence market will reach 1.8 trillion dollars by 2030.
Cloud processor vendors
GMI Cloud is not the only cloud GPU vendor. It competes with Coreweave, Nebius, Google Cloud's Vertex AI and major tech companies. Ye told TechCrunch that GMI Cloud differentiates itself from competitors with features such as customizable private cloud services and native support for Nvidia NIM, which simplifies integration with Nvidia hardware and software. He also noted that the company has a team of top-notch artificial intelligence engineers and high-performance computing (HPC) experts with experience in GoogleX, Alibaba Cloud and Supermicro.
“Our team has more than 20 years of experience in artificial intelligence and high-performance computing,” said Ye, who has 33 patents in artificial intelligence and extensive experience in building large-scale distributed systems. “GMI also offers professional artificial intelligence consulting services, helping enterprises train, customize and scale models, which is rarely offered by competitors.”
Cost-effective solution
GMI offers a cost-effective solution that provides optimized performance and resource management over competitors, supporting enterprises with end-to-end solutions from GPU hardware to artificial intelligence applications, Ye emphasized.
“In addition, we have a significant supply chain advantage by purchasing directly from manufacturers, allowing us to maintain a cost-effective and highly reliable supply chain,” Ye continued. “In addition, GMI is the only cloud service provider in Taiwan certified by Nvidia under the NCP/NPN program, further strengthening our competitive advantage in providing premium cloud services.”
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Why India is a Leading Supplier of Red Chilli in the Global Market
India has firmly established itself as a major player in the global spice trade, especially in the production and export of red chilli. From its ideal growing conditions to its wide variety of chilli types, India is unmatched in its ability to supply the world with high-quality red chillies. With companies like Eurosun India leading the way, India has cemented its reputation as a trusted provider of red chilli products on the international stage. Here’s an exploration of why India is the top destination for red chilli.
The Ideal Climate and Soil for Red Chilli Cultivation in India
India’s climate and soil are naturally suited for red chilli cultivation, providing ideal conditions for producing premium-quality chillies. Major chilli-producing states like Andhra Pradesh, Telangana, Karnataka, and Madhya Pradesh benefit from nutrient-rich soil and a warm climate that enhances the vibrant color and rich flavor of red chillies. This agricultural advantage is one of the reasons why India is a top Red Chilli Supplier from India.
A Hub of Varieties: Types of Red Chilli Cultivated in India
India offers a vast range of red chilli varieties, each known for its unique flavor profile and heat intensity. Popular types like Byadgi, Guntur, and Kashmiri chillies are particularly valued for their deep color and distinct taste. This diversity enables Red Chilli Traders from India to cater to a variety of culinary preferences around the world, supplying everything from mild to extra-hot chillies to meet global demand.
Red Chilli Supplier from India: Leading Producers and Regions
India’s red chilli-producing regions are home to some of the world’s top chilli suppliers. These suppliers capitalize on the country’s rich agricultural resources and expertise to produce chillies that meet international quality standards. As a leading Red Chilli Supplier from India, these regions ensure consistent quality, flavor, and supply, satisfying the needs of international buyers across diverse markets.
Red Chilli Manufacturer in India: Quality Standards and Processing Techniques
Indian chilli manufacturers are essential in ensuring quality by adhering to strict international standards, including FSSAI, ISO, and HACCP certifications. These Red Chilli Manufacturer in India facilities use a range of traditional and modern processing methods—like sun-drying, grinding, and precision packaging—to deliver pure, flavorful products that meet the high expectations of global consumers.
Red Chilli Exporter from India: Contribution to International Markets
India’s red chilli export industry is thriving, with exports to countries across North America, Europe, and Asia. As a leading Red Chilli Exporter from India, India benefits from competitive pricing, robust logistics, and the ability to meet growing global demand. With an extensive export network, Indian chillies are easily accessible, solidifying the country’s position as a leading exporter.
Red Chilli Wholesalers in India: Connecting Farmers to the World
Red Chilli Wholesalers in India are essential in linking farmers with the global marketplace. These wholesalers ensure that red chillies are distributed efficiently to both domestic and international markets, working closely with farmers to provide consistent supply and fair pricing. Wholesalers play a crucial role in stabilizing the red chilli supply chain and ensuring access to high-quality chillies.
Red Chilli Traders from India: The Role of Traders in the Supply Chain
Red Chilli Traders from India act as intermediaries, helping to bridge the gap between producers and global buyers. These traders manage logistics and ensure the consistent supply of fresh and dried chillies to international markets. Their involvement helps maintain price stability and timely deliveries, further reinforcing India’s reputation as a reliable chilli supplier.
Conclusion: India’s Future as a Leading Red Chilli Supplier
With ideal growing conditions, diverse chilli varieties, and adherence to strict quality standards, India is well-positioned to maintain its leadership in the global red chilli market. As demand for Indian chillies grows, the country’s expertise as a Red Chilli Supplier from India will ensure its continued success as a top supplier, manufacturer, and exporter of premium red chilli products. The future looks bright for India’s red chilli industry as it continues to meet the world’s need for quality spices.
#Red Chilli Supplier from India#Red Chilli Manufacturer in India#Red Chilli Exporter from India#Red Chilli Wholesalers in India#Red Chilli Traders from India
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Molecular Diagnostics Market - Forecast, 2024 - 2030
Molecular Diagnostics Market Overview
The Molecular Diagnostics Market Size is forecast to reach $ 3240.4 Million by 2030, at a CAGR of 8.60% during forecast period 2024-2030. Molecular diagnostics can be demarcated as a group of techniques proficient in identifying specific genetic disparities in patients by using diverse technologies such as polymerase chain reaction, single nucleotide polymorphisms, electrophoresis, isothermal nucleic acid amplification technology, mass spectrometry to scrutinize biomarkers in the genome. Molecular diagnostics allows doctors to select an unsurpassed form of therapy by supporting the detection of maladies and possible risks. Moreover, it helps medical professionals to chart individualized or customer-specific plans. Therefore, accurate prescription and treatment duration help patients circumvent lengthy recapitulations of pointless drugs being used on patients recurrently with hostile effects. Besides cancer monitoring, molecular diagnostic can be used to manage infections like methicillin-resistant staphylococcus. Nevertheless, rising incidences of infections and cancer, augmenting health attentiveness among people, hiking demand for personalized medicines, and enlarging research and developmental activities are the factors set to drive the growth of the Molecular Diagnostics Industry for the period 2024-2030.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞
Report Coverage
The report: “Molecular Diagnostics Market Forecast (2024-2030)” by Industry ARC covers an in-depth analysis of the following segments of the Molecular Diagnostics Market.
By Product: Reagents, Instrument, and other devices.
By Application: Leukocyte Antigen Typing, Oncology, Blood screening, Transferrable ailments, and Others.
By Technology: TMA, In Situ Hybridization, PCR, DNA sequencing, INAAT, and Others.
By End User: Hospitals, Laboratories, CROs, and Other medical facilities.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).
Key Takeaways
Geographically, North America’s Molecular Diagnostics Market accounted for the highest revenue share in 2021. The growth is owing to full-fledged healthcare infrastructure, the presence of top-notch pharmacy and biopharmaceutical companies, and the high disposable income of people. Furthermore, Asia-Pacific is poised to offer lucrative growth opportunities over the forecast period owing to rising disposable incomes and the higher class of the geriatric population, among many other reasons.
Intensifying cancer cases are said to be the preeminent driver driving the growth of the Molecular Diagnostics Market. The exorbitant cost of the associated treatments and instruments is said to reduce the market growth.
Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Molecular Diagnostics Market report.
#Molecular Diagnostics Market price#Molecular Diagnostics Market size#Molecular Diagnostics Market share
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Alliance University Bangalore: A Premier Institution for Higher Learning
Alliance University, located in the vibrant city of Bangalore, is one of India's leading private universities. Established with a vision to provide world-class education and foster academic excellence, Alliance University Bangalore has quickly become a hub for students aspiring to pursue a career in various fields, including management, engineering, law, and more. The university is recognized for its commitment to high academic standards, global exposure, and a strong emphasis on research.
Why Choose Alliance University Bangalore?
1. Top-Notch Academic Programs
Alliance University offers a diverse range of undergraduate, postgraduate, and doctoral programs across its faculties of Management, Engineering, Law, and Liberal Arts. Some of the flagship courses include:
MBA at Alliance School of Business, which is among the top B-Schools in India.
B.Tech and M.Tech programs at the Alliance College of Engineering and Design.
BA LLB (Hons.) and LLM programs at Alliance School of Law, known for their strong legal curriculum.
2. Highly Qualified Faculty
One of the distinguishing factors of Alliance University Bangalore is its team of distinguished faculty members, who bring a wealth of academic and industry experience. Many of the professors are alumni of prestigious institutions such as IITs, IIMs, and top global universities, offering students the opportunity to learn from the best.
3. State-of-the-Art Campus
The campus of Alliance University in Bangalore is an architectural marvel that provides an ideal learning environment. Spanning over 55 acres, the campus is equipped with modern facilities including:
Smart classrooms with advanced learning aids.
Well-stocked libraries with vast collections of books, journals, and digital resources.
Laboratories with the latest equipment for engineering and science students.
Dedicated moot courts and simulation centers for law students.
In addition, the university has a vibrant campus life with clubs, events, and sports facilities that allow students to maintain a well-balanced lifestyle.
4. Global Collaborations
Alliance University Bangalore has established collaborations with over 45 reputed international universities across North America, Europe, Asia, and Australia. These partnerships enable students to participate in exchange programs, internships, and research projects with global exposure. Some partner institutions include:
Berlin School of Economics and Law, Germany.
Royal Roads University, Canada.
Nanjing University, China.
Through these collaborations, students can gain international exposure, preparing them to thrive in a globalized world.
5. Impressive Placement Record
Alliance University Bangalore takes pride in its excellent placement record. The Career Advancement and Networking (CAN) Cell works tirelessly to ensure students are well-prepared to enter the job market. The university has strong industry ties, attracting some of the best recruiters from India and abroad. Top companies like Amazon, Google, KPMG, Deloitte, and Infosys have recruited from Alliance University. The placement process includes:
Pre-placement talks.
Internship opportunities.
Grooming sessions to enhance soft skills.
With an average salary package on the rise and top-tier firms participating in the recruitment process, Alliance University is an attractive option for students seeking a promising career.
6. Bangalore: The Ideal Study Location
Bangalore, often referred to as the Silicon Valley of India, provides the perfect backdrop for higher education. The city's thriving economy, home to numerous startups, multinational corporations, and a vibrant tech industry, makes it a great place for internships and networking opportunities. Additionally, the pleasant climate, cosmopolitan culture, and diverse social scene make it an ideal location for students from across the globe.
Conclusion
Alliance University Bangalore is a prestigious institution that stands out for its academic excellence, global collaborations, and strong placement opportunities. Whether you're looking to pursue business, engineering, law, or liberal arts, Alliance University offers a world-class education that will equip you with the skills needed to succeed in today's competitive world.
#Alliance University Bangalore#education#higher education#news#universities#colleges#mba#students#Career Advancement and Networking (CAN)#B.Tech#Silicon Valley of India
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Healthcare Facilities Management Market Business Demand and Sales Consumption: Insights into Top Manufacturers, Future Scope, and Expert Reviews, Forecast by 2032
The Competitive Landscape of the Healthcare Facilities Management Market
In today's competitive business environment, the global Healthcare Facilities Management market stands as a critical battleground for businesses seeking to carve out a niche and drive growth. As industries grapple with the complexities of this market, understanding the competitive landscape becomes paramount for strategic decision-making and success.
According to Straits Research, the global healthcare facilities management market size was valued at USD 354.67 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 1029.50 Billion by 2031, growing at a CAGR of 12.57% during the forecast period (2023–2031).
The global Healthcare Facilities Management market is characterized by its dynamic nature, driven by technological advancements, regulatory changes, and shifting consumer preferences. These factors, while presenting challenges, also offer businesses unique opportunities to innovate, differentiate, and thrive.
Note: We're in the process of updating our reports. If you're seeking updated primary and secondary data from 2023-2031, coupled with insights on Cost Module, Business Strategy, and Competitive Landscape, kindly click ""request free sample report."" The comprehensive report will reach you via email within 24 to 48 hours.
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Companies and Manufacturers Covered:
Key market participants play a pivotal role in shaping the competitive narrative. By profiling industry leaders, their strategic initiatives, and competitive positioning, the report offers insights into competitive dynamics, influencing factors, and growth opportunities. These insights are invaluable for businesses seeking to gain a competitive edge, differentiate their offerings, and achieve market leadership.
ABM Industries Inc.
Aramark
Iss World Services AS
Ecolab Inc.
Jones Lang Lasalle Incorporated
Medxcel Facilities Management LLC
Serco Group PLC
Sodexo
Vanguard Resources Inc.
Tenon Group
Compass Group PLC.
A recent market analysis offers a comprehensive view of the Global Healthcare Facilities Management Market, highlighting key growth drivers, emerging trends, and competitive dynamics. This report serves as a valuable resource for businesses, offering insights into market positioning, competitive strategies, and growth prospects.
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The quantitative analysis accompanying the report provides stakeholders with a decade-long perspective on the market's trajectory. By examining historical data, identifying trends, and forecasting future developments, the report enables businesses to anticipate market movements, assess competitive threats, and capitalize on emerging opportunities.
Global Regional Outlook:
North America: North America is currently the largest market for Healthcare Facilities Management, accounting for a significant share of the global market.
Europe: While the North America leads in market size, Europe is emerging as the fastest growing region in the Healthcare Facilities Management market.
Research Methodology
The research methodology underpinning this report is rigorous and robust. By leveraging both primary and secondary data sources, the report ensures accuracy, reliability, and depth. Through interviews with industry experts, analysis of Healthcare Facilities Management market trends, and examination of key growth drivers, the report offers a comprehensive view of the competitive landscape.
Market Segmentation:
By Product Type
Waste Management
Security Services
Catering Services
Cleaning Services
Technical Support Services
Other Product Types
By End-User
Hospitals And Clinics
Long-term Healthcare Facilities
Other end-users
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This Report Addresses:
Market intelligence to enable effective decision making
Market estimates & forecasts from 2018to 2031
Growth opportunities and trend analyses
Segment & regional revenue forecasts for market assessment
Competition strategy & market share analysis
Product innovation listing for you to stay ahead of the curve
COVID19’s impact and how to sustain in these fast-evolving markets
Market report in PDF, XLS, PPT & online dashboard versions
In conclusion, the global Healthcare Facilities Management market presents a dynamic and competitive landscape for businesses. By understanding the competitive landscape, leveraging strategic insights, and adopting a proactive approach, businesses can navigate this complex market successfully, drive growth, and achieve sustainable success.
Report Customization:
Our report is adaptable to your specific needs. For tailored insights, please reach out to our sales team at [email protected]. Additionally, you can contact our representatives directly at +1 646 905 0080 (U.S.), +44 203 695 0070 (U.K.) to discuss your research criteria.
#Healthcare Facilities Management Market#Healthcare Facilities Management Market Share#Healthcare Facilities Management Industry#Healthcare Facilities Management Market Size#Healthcare Facilities Management Market Research#What is Healthcare Facilities Management?#Healthcare Facilities Management Market Drivers#North America Healthcare Facilities Management Market#Europe Healthcare Facilities Management Market
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Benchmarking Success: Top Performers in the Global Medical Isotope Market
The global Medical Isotope Market Revenue, valued at USD 5.44 billion in 2023, is anticipated to grow significantly, with projections estimating it will reach USD 10.77 billion by 2031. This reflects a compound annual growth rate (CAGR) of 8.9% over the forecast period from 2024 to 2031. The growing demand for medical isotopes is driven by their critical role in diagnostics, treatment, and the management of various medical conditions.
Medical isotopes are used extensively in the healthcare industry, particularly for imaging and therapeutic purposes. These isotopes enable precise diagnosis and effective treatment of conditions such as cancer, cardiovascular diseases, and neurological disorders. The increasing prevalence of chronic diseases, coupled with advancements in nuclear medicine technology, is driving the adoption of medical isotopes across healthcare systems worldwide.
Market Dynamics and Growth Drivers
The rising incidence of cancer and other chronic diseases globally is a major factor propelling the growth of the medical isotope market. Radioisotopes like Technetium-99m are essential for diagnostic imaging, while isotopes like Iodine-131 and Lutetium-177 are used in targeted therapies for cancer treatment. The increasing demand for non-invasive diagnostic techniques has further spurred the use of isotopes in medical imaging, thus supporting market expansion.
Moreover, the development of new radiopharmaceuticals and improvements in production and supply chain management have facilitated greater availability of medical isotopes. Governments and healthcare institutions are also increasing their investments in nuclear medicine research, leading to the development of innovative diagnostic and therapeutic solutions. This is expected to further accelerate market growth over the coming years.
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Key Market Trends
One of the key trends in the medical isotope market is the increased focus on personalized medicine. As healthcare providers shift towards more individualized treatment approaches, the demand for precise diagnostic tools and targeted therapies is growing. Medical isotopes play a crucial role in this paradigm by enabling accurate diagnosis and treatment tailored to the specific needs of patients.
Another significant trend is the development of alternative production methods for key isotopes. Traditionally, many medical isotopes have been produced in nuclear reactors, but advancements in cyclotron technology are enabling the production of isotopes without the need for reactors. This not only reduces costs but also addresses supply chain challenges and safety concerns associated with nuclear reactors.
Regional Insights
North America continues to dominate the global medical isotope market, accounting for the largest share due to the well-established healthcare infrastructure, increasing investments in nuclear medicine, and a high prevalence of chronic diseases. The United States, in particular, is a major market for medical isotopes, driven by the presence of advanced research facilities and leading pharmaceutical companies.
The Asia-Pacific region is expected to witness the fastest growth during the forecast period, supported by improving healthcare infrastructure, rising healthcare expenditures, and growing awareness about nuclear medicine. Countries such as China, India, and Japan are investing heavily in the expansion of their healthcare sectors, which is anticipated to boost the demand for medical isotopes across the region.
Key Players in the Market
The Medical Isotope Market is characterized by a competitive landscape with several key players striving to expand their market presence through strategic initiatives such as mergers, acquisitions, and partnerships. Leading companies in this market include Curium, GE Healthcare, Siemens Healthineers, Lantheus Holdings, and Nordion. These companies are focusing on research and development to enhance the availability and efficiency of medical isotopes, catering to the growing needs of healthcare providers worldwide.
Conclusion
The global Medical Isotope Market is set to double in value by 2031, driven by the increasing prevalence of chronic diseases, advancements in nuclear medicine, and growing demand for personalized healthcare solutions. With continuous innovations and investments in this field, the market offers promising opportunities for players aiming to improve diagnostic accuracy and therapeutic outcomes through the use of medical isotopes.
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Industry trend|Beontag opens new North American plant with investment of over $560 million, capable of producing 3 billion RFID tags per year
Recently, Beontag officially announced the opening of its new North American factory in Trotwood, Ohio, marking the company's further expansion and strength worldwide. The new factory, with an investment of up to 560 million (80 million US dollars), is not only a positive response to the needs of the North American market, but also an important milestone in its continued innovation in the field of smart labels and pressure-sensitive adhesives.
The new factory is equipped with advanced machinery and infrastructure, focusing on the manufacture of self-adhesive and RFID smart labels for industrial, logistics and retail applications. According to company officials, the plant will be able to produce up to 3 billion RFID tags and 2.9 billion square meters of graphics and label materials each year, which is an impressive figure and demonstrates Beontag's huge increase in production capacity.
As an important part of the Internet of Things, RFID (Radio Frequency Identification) technology is gradually showing its huge application potential in various fields. Beontag's new factory applies this technology to the production of smart labels, providing innovative solutions for industries such as mass market labels, tickets, industrial applications and smart tire labels. In particular, its tire labeling solution not only improves the traceability and management efficiency of tires, but also injects new vitality into the digital transformation of the automotive industry.
In addition to continuous innovation in technology, Beontag is also committed to sustainable development. Company officials said that the new factory will operate at the highest professional standards in the world to ensure environmental protection and sustainability in the production process. This commitment not only reflects Beontag's commitment to social responsibility, but also lays a solid foundation for its leading position in the smart label industry.
It is worth mentioning that Beontag's CEO Ricardo Lobo is full of confidence in the future development of the new factory. He said that as the company continues to meet the existing and emerging needs of customers in North America and other regions, Beontag will rely on the new factory's first-class facilities, top equipment and excellent team to continue to promote innovation and excellence. Lobo also revealed that the factory will become Beontag's global R&D center of excellence, focusing on developing a series of digital tag solutions including BLE (Bluetooth Low Energy) tags, further expanding the company's business scope.
The opening of Beontag's new plant is great news for the Trotwood community. The facility will be home to more than 220 employees, creating a large number of local jobs. Trotwood Mayor Yvette F. Page warmly welcomed the opening of the new plant and said it marked an important step in Trotwood's economic growth. She said Beontag's advanced technology and commitment to quality will help Trotwood become a place where global business thrives.
Beontag's investment in the North American market began in September 2022 when the company acquired Technicote, a professional company in the self-adhesive adhesive market with more than 40 years of history. Beontag soon began the merger process with Technicote, which later became Beontag USA, and with the opening of the new plant in Ohio, the multinational company's strength and expertise in the US market will be significantly strengthened.
This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)
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Facility Management Services Comprehensive Study with Key Trends, Major Drivers and Challenges
Latest Research Report on “Facility Management Services Market” | Survey with Valuable Insights
The 2024 market research report for Facility Management Services Market offers a comprehensive analysis of the industry, covering key aspects such as trends, opportunities, risks, and drivers. It provides a detailed evaluation of the market's revenue, size, and volume, while also assessing the product portfolios, capacities, and revenues of leading companies. Additionally, the report delves into various industry segments.
According to Straits Research, the global Facility Management Services market size was valued at USD 978.92 Billion in 2021. It is projected to reach from USD XX Billion in 2022 to USD 1769.66 Billion by 2030, growing at a CAGR of 6.8% during the forecast period (2022–2030). The report places particular emphasis on the Industrial Adhesive market, examining its overall size, segment size (including product type, application, and geography), competitive landscape, current status, and development trends. It also offers strategic insights for companies to navigate the challenges posed by COVID-19.
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TOP Key Industry Players of the Facility Management Services Market
Arthur McKay & Co Ltd.
BVG India Ltd.
CLR FACILITIES SERVICES PVT LTD
CBRE Group, Inc
ISS World Services A/S
Knight Facilities Management
Quess Corp Ltd
Sodexo, Inc.
Spotless Group Holdings Limited
Tenon Group.
Facility Management Services Market Segmental Analysis
As a result of the Facility Management Services market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Service Type
Property
Cleaning
Security
Catering
Others
By Type
Outsourced
Integrated Facilities Management (IFM)
Other Outsourced
In-house
By End-User
Commercial
Institutional
Public / Infrastructure
Industrial
Government & Public Sector
IT & Telecommunication Sector
Banking, Financial Services, & Insurance (BFSI) Sector
Education & Entertainment Sector
Transportation & Logistics Sector
Healthcare Sector
Others
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Regional Analysis Facility Management Services Market
The regional analysis section of the report offers a thorough examination of the global Facility Management Services market, detailing the sales growth of various regional and country-level markets. It includes precise volume analysis by country and market size analysis by region for both past and future periods. The report provides an in-depth evaluation of the growth trends and other factors impacting the Facility Management Services market in key countries, such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia. Moreover, it explores the progress of significant regional markets, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
New Additions in the 2024 Report:
Expanded Industry Overview: The report now includes a more comprehensive and detailed industry overview.
In-Depth Company Profiles: Enhanced profiles providing deeper insights into key industry players.
Customized Reports and Analyst Support: Tailored reports and direct access to analyst support available upon request.
Insights on Market Developments: Updated information on recent market trends and future growth opportunities.
Regional/Country-Specific Customization: Reports tailored to specific regions and countries according to your needs.
Key Highlights
Examine the Facility Management Services Market: This includes an introduction, analysis of product types and applications, an overview of the market, and a country-by-country market analysis. The study also explores market opportunities, risks, and driving forces.
Profile Manufacturers: The research focuses on manufacturers of Facility Management Services, including detailed profiles, primary business activities, recent news, sales, pricing, revenue, and market share.
Competitive Landscape Overview: Provide an overview of the competitive landscape among the world's leading manufacturers, highlighting their sales, revenue, and market share.
Market Segmentation Analysis: Illustrate the market segmented by type and application, with detailed breakdowns of sales, price, revenue, market share, and growth rate for each segment.
Regional Market Analysis: Analyze key regions, including North America, Europe, Asia Pacific, the Middle East, and South America. This includes sales, revenue, and market share data segmented by manufacturers, types, and applications.
Production Cost Investigation: Investigate production costs, essential raw materials, and the production methods used in the industry.
Reasons to Purchase This Report:
Access to Comprehensive Information: Gain access to an extensive collection of analysis, research, and data that would be challenging to acquire independently. This report offers valuable insights, saving you considerable time and effort.
Enhanced Decision-Making: Equip yourself with detailed insights into market trends, consumer behavior, and key industry factors. This report provides essential information for strategic planning, including decisions on investments, product development, and marketing strategies.
Achieving Competitive Advantage: Stay ahead in your industry by understanding market dynamics and competitor strategies. This report delivers deep insights into competitor performance and market trends, enabling you to craft effective business strategies and maintain a competitive edge.
Credibility and Reliability: Trust in the expertise of industry professionals and the accuracy of thoroughly researched data. Authored by experts and grounded in rigorous research and analysis, this report enhances credibility and reliability.
Cost-Effective Research: Reduce research expenses by investing in this comprehensive report instead of conducting independent research. It provides a cost-effective means of accessing detailed analysis and insights on a specific topic without requiring extensive resources.
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About Straits Research
Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.
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#Facility Management Services#Facility Management Services Industry#Facility Management Services Share#Facility Management Services Size#Facility Management Services Trends#Facility Management Services Regional Analysis#Facility Management Services Growth Rate
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Silky Smooth Solutions: ✨ Your Hair’s Best Friend!
Acrylic Fiber Market Overview
Acrylic fibers are a type of synthetic fiber that is made of polyacrylonitrile and a comonomer. For a synthetic fiber to be called “acrylic”, it must contain at least 85% of acrylonitrile monomer. Typical comonomers that are used in acrylic fibers are vinyl acetate and vinyl bromide, among others. The increasing demand for the textiles and apparels, along with a rising trend in e-commerce for furniture and upholstery, proves to be great drivers for the acrylic fiber market. Meanwhile, the availability of substitutes can hinder the growth of the market during the forecast period of 2024–2030. In this report, we will take an in-depth look at the acrylic fiber industry outlook and analyse the market share of the acrylic fiber top 10 companies.
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Acrylic fabric is generally not sustainable. The manufacturing process is energy-intensive and chemically hazardous. Acrylic fiber is 30% more energy intensive than polyester. Acrylic fabric is also not biodegradable, and its environmental impact is largely negative. The production processes used to make acrylic fabric harm workers and the ecosystems surrounding manufacturing facilities. Acrylic clothing is one of the major sources of microplastics in the ocean, even higher than other synthetic fibers such as polyester. However, acrylic is recyclable, and increased emphasis is being put to use more and more recycled acrylic fiber to meet today’s standard set by the eco-friendly mindset.
Technological advancements are revolutionizing the acrylic fiber industry, particularly in terms of product innovation and performance enhancements. Companies such as Japan Exlan Co. Ltd. Are using nanotechnology also being increasingly utilized to engineer acrylic fibers with specific functionalities, such as antimicrobial properties or moisture management capabilities, expanding the application possibilities across various industries including apparel, automotive, and home furnishings. Japan Exlan Co., Ltd. successfully developed a photocatalytic deodorant acrylic fiber “SELFCLEAR”, having unique nano-voids and nano-sized photocatalysts in the fiber structure. Malodorous substances are efficiently adsorbed through the nano-voids, and then immediately decomposed by photocatalysis. “SELFCLEAR” shows an excellent odor-eliminating effect on various malodorous substances such as ammonia, aldehydes, acetic acid, hydrogen sulfide and BTX gases.
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COVID-19 Impact
During the COVID-19 pandemic, many industries had suffered a tumultuous time, and it was no different for the acrylic fiber market. Many governments across the globe implemented lockdown regulations and factories & production facilities in many sectors came to a halt. The supply chain was greatly disrupted as many businesses followed lockdown protocols. According to Textile Exchange, the global fiber production volume had decreased from 111 million metric tonnes in FY 2019 to 109 million metric tonnes in FY 2020.
However, the 2022 Materials Market Report from Textile Exchange shows that global fiber production increased to a record 116 million tonnes in 2022. The situation is now improving as the world population is undergoing vaccination and governments across the globe are lifting lockdown protocols. As such, the acrylic fiber industry is projected to grow in the forecast period of 2024–2030.
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Report Coverage
The report: “Acrylic Fiber Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the acrylic fiber industry.
By Form: Continuous/Filament Fiber, and Non-continuous/Staple Fiber.
By Blend: Acrylic-Wool, Acrylic-Viscose, Acrylic-Nylon, Acrylic-Cotton, and Others.
By End-Use Industry: Textiles & Apparel, Furniture & Upholstery, Industrial, Building & Construction, Automotive, and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and 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), and Rest of the World (Middle East, and Africa).
Key Takeaways
•The Asia-Pacific region dominates the acrylic fiber market primarily due to the growing textile & apparel industry in the region, especially in China, Japan, India, and Bangladesh.
•Acrylic fibers are primarily used as linings in the production of textiles and fabrics. This is because they provide superior resistant properties and have excellent wicking ability that offer moisture absorption properties.
•The increase in demand of the global textile and apparel industry, as well as the furniture and upholstery sector, prove to be great drivers for the growth of the acrylic fiber market within the forecast period of 2024–2030.
•The availability of substitutes like polyester, polyamide and polypropylene amongst synthetic fibers can prove to be a restraint for the growth of the acrylic fiber market within the forecast period.
Acrylic Fiber Market Analysis — By Blend
The Acrylics-wool blends segment held the largest share in the acrylic fiber market in 2023 with a share of 23%. Acrylic fibers are blended with other different types of fibers such as wool, nylon, and cotton, to enhance its properties and produce more resilient fiber. Acrylic-wool blends provide excellent durability, washability, resistance to shrinkage and so on. It is widely used in making sportswear and are used to make circular knitted goods in the textile industry. According to Textile Exchange, wool is the most preferred animal fiber with a total production of 1.2 million tons in 2023. New developments in the production of wool are also propelling the segment. For instance, Responsible Wool Standard (RWS) certified wool has recached a share of 24.3% in the global wool market in 2023.
Acrylic Fiber Market Analysis — By End-Use Industry
The textile & apparel industry held the largest share in the acrylic fiber market in 2023 and is expected to grow at a CAGR of 4.5% during 2024–2030. Acrylic fibers are primarily used as linings for textiles and furnishing fabrics in the textile and apparel industry. It is manufactured as a filament, then cut into short staple lengths, and is spun into yarn. Acrylic fibers are resistant to moths, oils, and chemicals and also provides a soft and warm feel while also being lightweight. It also has excellent wicking ability, which lets the acrylic fiber fabric absorb moisture from sweating and transfer it to the outer surface where it is evaporated. The readymade apparel market is estimated to be growing at a CAGR of 8.3% and reach a value of US$ 1.612 trillion by 2030. Thus, it would also propel the acrylic fiber market growth within the forecast period of 2024–2030.
Acrylic Fiber Market Analysis — By Geography
Asia-Pacific region dominated the acrylic fiber market with a share of 59.4% in the year 2023. Due to the rising growth of the textile industry, especially in countries such as China, India, Malaysia, Australia, and Korea, the demand for acrylic fiber has seen a rise in the region. According to Textile Technology, the production of fiber in India is estimated to have been 1.5 million tonnes in FY 2023. The Indian textiles and apparel industry also contributed to 2% of the GDP and 7% of the total industry output. It also holds 5% of the world’s textile and clothing trade and contributes 12% to export earnings in the year 2023. China is the world’s leading producer of acrylic fibers accounting for over 30% of the global production. Additionally, according to the Malaysian Investment Development Authority, there has been an increase in investment in the textile and apparel industry in Malaysia, which was estimated to be about USD $ 3.3 billion in 2023.
Acrylic Fiber Market Drivers
The growing demand for fashion and the global apparel market:
The demand for clothing and apparels has seen a tremendous rise in the last few years with a change in the financial landscape and the introduction of fast fashion being some of the primary catalysts for the market. Clothing item consumption in developing countries are especially picking up the pace due to a rapid increase in their GDP. China, and India are projected to be the fastest growing countries in the industry as they are investing heavily in the market. Schemes, such as the USD $ 1.44 billion Production Linked Incentive (PLI) schemes by the Indian government, greatly helps the textile manufacturers in the country. According to TEXtalks China’s garment export also reached USD $ 223.14 billion in 2023. Additionally, according to Business Finland, the global apparel market is estimated to be growing at a CAGR of 3.6% and reach a value of US$ 3.22 trillion by 2030. Acrylic fibers are one of the key providers for the textile and apparel market and the growing demand for the textile and apparel market proves to be a great driver for the global apparel industry.
The increase in e-commerce for the furniture & upholstery market:
Acrylic fibers are widely used in the furniture and upholstery market as one of the staple fabrics used in furnishing. One of the key driving factors for the acrylic fiber market is the increase in demand for the furniture & upholstery market. The e-commerce space for furniture & upholstery has seen a steady rise due to the ease of viewing products and availability. This was further bolstered by the Covid-19 pandemic as stay-at-home culture and social distancing became common norms. This led to an increase in sales of furniture and upholstery online. According to India Brand Equity Foundation (IBEF), the online retail market in India is estimated to reach 37% of the total retail market by 2030, the furniture eCommerce market revenue will reach $252 billion in 2023. Along with that, an increased interest in eco-friendly furniture and flexible workspaces have garnered more investment in the industry. Hence, this is a key driving factor for the acrylic fiber market within the forecast period of 2024–2030.
Acrylic Fiber Market Challenges
Availability of substitutes for acrylic fibers:
Acrylic fiber is one of many different types of synthetic fiber used in the market. As such, there is a wide variety of substitutes for the material. For instance, some of the commonly used synthetic fibers are polyester, polyamide, and polypropylene. Polyester fibers are the most widely used synthetic fiber in the world, primarily due to its durability, lightweight form factor, and strong fastness to dyes. According to Textile Exchange, polyester fibers hold the largest share in the synthetic fiber space, with a market share of 60% in 2023. As such, the biggest challenge for the acrylic fiber market is the availability of substitutes for acrylic fiber during the forecast period of 2024 to 2030.
Acrylic Fiber Industry Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the acrylic fiber market. The key companies in the acrylic fiber market are:
1. Aditya Birla Group (Thai Acrylic Fibre Co. Ltd.)
2. Aksa Akrilik Kimya Sanayii A.S.
3. Kairos Industries (Dralon GmbH)
4. Jilin Qifeng Chemical Fiber Company Ltd.
5. Indian Acrylics Ltd.
6. Taekwang Group (Taekwang Industry Co, Ltd.)
7. Kaneka Corporation
8. Japan Exlan Co. Ltd.
9. M&G Group (Chemtex Group)
10. SINOPEC
Recent Developments
• On 18 October, 2023, Thai Acrylic Fibre Co. Ltd.’s showcased Regel™, which is a recycled acrylic fibre, and other sustainable innovations in the Textile Exchange Conference 2023, London.
• In March 2023, Indian Acrylics Ltd. Announced that it has commissioned a new plant for acrylic fiber manufacturing. They claim that that the plant has a capacity of 50,000 tonnes per year.
For more Chemicals and Materials Market reports, please click here
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Cooltron Axial Flow Fans Transform Farming Operations Across North America
In the heart of Texas, amidst the sprawling plains and bustling industrial zones, lies a company that has quietly revolutionized air movement solutions for clients across North America. Cooltron, a leading axial flow fan supplier, has been a beacon of innovation and reliability, serving industries ranging from agriculture to HVAC in the United States, Canada, and Mexico.
One of Cooltron's most notable success stories comes from a large-scale agricultural operation in California's Central Valley. This farm, known for its vast almond orchards, faced significant challenges with maintaining optimal growing conditions. Hot summers and unpredictable weather patterns threatened crop yields, making efficient air circulation more critical than ever. The farm managers knew they needed a robust solution to ensure consistent airflow and temperature control.
After thorough research and consultations with industry experts, they chose Cooltron's axial flow fans. What impressed them most was not just the product's performance but also the company's commitment to customer service. "From the first call to post-installation support, Cooltron's team was incredibly responsive and knowledgeable," said John Doe, the farm's operations manager. "They took the time to understand our specific needs and provided tailored recommendations that went beyond our expectations."
The installation process was seamless, thanks to Cooltron's detailed guidance and technical expertise. Within weeks, the farm began to see noticeable improvements. The fans effectively managed the microclimate within the orchards, reducing heat stress on the almond trees and promoting healthier growth. "The difference was remarkable," John added. "We saw a reduction in energy costs and an increase in yield quality, which is a direct result of the stable environment provided by Cooltron's fans."
But it wasn't just the initial setup that set Cooltron apart; their ongoing support has been equally impressive. When the farm experienced unexpected issues due to a sudden storm, the Cooltron team was quick to respond, offering immediate assistance and practical solutions to minimize downtime. "Knowing that we can rely on Cooltron for any situation gives us peace of mind," John expressed.
The success of this project has led to Cooltron becoming a trusted partner for many businesses in North America. Whether it's ensuring proper ventilation in large commercial buildings or optimizing air quality in livestock facilities, Cooltron's axial flow fans have proven to be versatile and effective. Their products are designed to withstand harsh environments while delivering exceptional performance, making them a top choice for professionals who demand nothing but the best.
As word spread about the benefits of Cooltron's axial flow fans, demand grew rapidly. Today, the company proudly serves customers in every state and province across the U.S., Canada, and Mexico. Each client receives personalized attention and a solution that fits their unique requirements, ensuring that the benefits of improved air management are accessible to everyone.
Cooltron's journey is a testament to the power of innovation combined with unwavering dedication to customer satisfaction. As they continue to expand their reach and refine their offerings, one thing remains clear: for those seeking reliable, high-performance axial flow fans, Cooltron stands as the premier choice.
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Top Millets Suppliers: A Guide to the Biggest Millet Exporters
Millets are gaining recognition as a versatile and nutritious food source. These ancient grains, known for their resilience and health benefits, are increasingly sought after in the global market. This blog serves as a guide to understanding the landscape of millets suppliers and the biggest millet exporters around the world.
Importance of Millets
Nutritional Benefits
Millets are packed with essential nutrients, including dietary fiber, proteins, vitamins, and minerals. They are gluten-free, making them an excellent choice for those with gluten sensitivities. Additionally, millets are known for their low glycemic index, which can help in managing blood sugar levels. With rising health consciousness among consumers, the demand for millets is on the rise.
Environmental Impact
One of the most significant advantages of millets is their environmental resilience. They require less water and can thrive in arid conditions, making them a sustainable choice in the face of climate change. Promoting the consumption of millets not only supports health but also contributes to more sustainable agricultural practices.
Overview of the Millet Market
Current Market Trends
The global market for millets is witnessing an upward trend, driven by an increasing preference for healthy, plant-based diets. The shift towards organic and natural foods has further fueled this demand. Major millet-producing countries like India, Nigeria, and China are stepping up their production to meet international needs.
Global Production Statistics
According to recent data, India is one of the largest producers of millets, accounting for a significant portion of the world’s supply. Other notable producers include Nigeria, China, and several countries in Africa. These nations are not only focusing on domestic consumption but also aiming to boost their export capacities.
Key Players in the Millet Supply Chain
Major Millet Suppliers
When it comes to sourcing millets, understanding who the millets suppliers are is crucial. The market features a mix of local farmers, cooperatives, and larger companies that specialize in millet production and export. Among them, Eurosun Global stands out as a notable player in the millet export sector.
Countries Leading in Millet Exports
India leads as the largest exporter of millets, followed closely by countries like Nigeria and Burkina Faso. These nations have developed strong export channels to cater to the growing demand in markets across Europe, North America, and Asia.
Challenges Faced by Millet Exporters
Supply Chain Issues
Despite the growing demand, millet exporters face challenges, including supply chain disruptions, transportation hurdles, and inadequate storage facilities. These issues can impact the consistency and quality of supply, making it essential for exporters to streamline their operations.
Market Competition
Millets are often overshadowed by other grains like rice and wheat. As a result, millet exporters must find innovative ways to promote their products and differentiate themselves in a competitive market.
Innovations and Future Trends
Technological Advancements
Innovation in agricultural technology is improving millet production efficiency. From better irrigation methods to advanced processing techniques, technology plays a crucial role in enhancing the quality of millets and expanding their market reach.
Sustainable Practices
With an increasing focus on sustainability, many millet suppliers are adopting eco-friendly farming practices. This not only helps in reducing the environmental impact but also appeals to health-conscious consumers.
Conclusion
The future of millets looks promising as consumers increasingly recognize their nutritional and environmental benefits. Understanding the role of millets suppliers and the biggest millet exporters is vital for anyone interested in entering this market. With companies like Eurosun Global leading the charge, the millet industry is poised for significant growth. Embracing millets can contribute to healthier diets and a more sustainable world, making them a valuable addition to our food systems.
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North America Food Service Equipment Market To Reach USD 11412 Million By 2030
North America Food Service Equipment Market Growth & Trends
The North America food service equipment market size is anticipated to reach USD 11,412.1 million by 2030, registering a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the food service industry and surge in experiential dining across North America, characterized by innovative food presentations and flavors, is significantly driving the market growth for food service equipment.
In addition, the growth of full-service restaurants in North America is significantly boosting the market for food service equipment. As these establishments aim to provide top-notch dining experiences, there is a rising demand for high-quality, efficient kitchen equipment. From advanced ovens to innovative refrigeration solutions, restaurants are investing in state-of-the-art tools to enhance food preparation and storage. This trend toward high-quality food service delivery in the culinary industry is propelling the demand and innovation within the food service equipment sector, leading to market expansion.
Furthermore, the high growth of cloud kitchens is significantly boosting the demand for food service equipment. This surge can be attributed to several factors. First, the rising consumer preference for online food delivery services, fueled by the convenience they offer, has led to an increase in cloud kitchen operations.
Cloud kitchens, focusing solely on food preparation for delivery with no dine-in facilities, rely heavily on efficient, high-quality kitchen equipment to manage large volumes of orders. In addition, developing and introducing advanced equipment for the cloud kitchen setup optimizes the food preparation processes, reduces waste, and ensures consistent food quality.
Compliance with regulations is a significant challenge for the market due to the complex and ever-evolving nature of local, national, and international standards. Manufacturers must navigate numerous health, safety, and environmental regulations that vary by region and often require specialized knowledge and adaptations. This complexity increases production costs as companies need to invest in research, development, and testing to ensure their equipment meets all applicable standards. Major regulatory standards include the Food Safety Modernization Act (FSMA) in the U.S. and OSHA, among others.
Market players in North America are adopting several strategies, such as acquisitions, mergers, joint ventures, new service launches, and regional expansion, to enhance market penetration and cater to changing local demands from various end-use applications, including full-service restaurants and quick-service restaurants.
For instance, in December 2023, Haier Smart Home, a part of the Haier Group, announced its agreement with Carrier to acquire Carrier's Commercial Refrigeration Business. Haier Smart Home acquired 100% of the equity interest in Carrier, which owns Carrier Commercial Refrigeration. The total consideration for the transaction is around USD 640.0 million. Carrier Commercial Refrigeration is a company that manufactures commercial refrigeration equipment globally. It has more than 4,000 employees, of which 2,000 are service technicians. This acquisition will aid the company in expanding its presence in the cold storage and food retail sectors.
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/north-america-food-service-equipment-market-report
North America Food Service Equipment Market Report Highlights
The kitchen purpose equipment segment held the largest global revenue share in 2023. Restaurant equipment refers to the tools and appliances used in a commercial kitchen to prepare, cook, and serve food. It includes everything from kitchen appliances and utensils (such as ovens, refrigerators, and food storage containers).
The food holding and storing equipment segment is expected to show lucrative growth over the forecast period. Products comprising this segment include dry storage cabinets and heated holding cabinets, each serving a unique purpose in maintaining food at optimal temperatures, whether hot or cold.
The full-service restaurant segment held the largest share of the global revenue in 2023. Full-service restaurants need food service equipment to ensure smooth operation, maintain food safety standards, provide excellent customer service, and manage their time and space efficiently. As such, they are a key clientele for companies in the food service equipment market, driving demand for innovative, reliable, and cost-effective solutions.
Quick service restaurant segment is expected to show lucrative growth over the forecast period. In QSRs, food service equipment plays a crucial role in maintaining the speed and quality of service. This equipment is designed to be durable, easy to clean, and produce consistent results quickly. Key equipment in a QSR includes deep fryers, grills, commercial ovens, beverage dispensers, and refrigeration units.
The offline distribution channel type dominated the market in 2023, as manufacturers are relying on a network of authorized dealers to distribute their equipment. These dealers are usually well-versed in the product line and can offer additional installation, maintenance, and after-sales support.
The online distribution channel type is expected to witness high growth in coming years, as manufacturers are increasingly opting for new distribution strategies, including online/e-commerce sales, to enhance their consumer reach. The digital marketplace is known for its competitive pricing strategies. Sellers can adjust prices more fluidly in response to market demands, promotions, and stock levels.
The U.S. dominated the North America regional market. The food service equipment market in the U.S. is undergoing robust growth as lifestyles become busier; there is a growing preference for Quick Service Restaurants (QSRs) and takeaways, fueling the need for efficient, high-quality food service equipment.
In May 2024, Haier Smart Home, a part of Haier Group, announced the establishment of its new manufacturing facility in Egypt, which spans 200,000 square meters. The facility will be utilized to manufacture refrigerators, freezers, and products. This move is aimed at expanding the company’s presence in the Middle East and Africa.
North America Food Service Equipment Market Segmentation
Grand View Research has segmented the North America food service equipment market based on service type, end-use, type, and country:
North America Food Service Equipment Product Outlook (Revenue, USD Million, 2018 - 2030)
Kitchen Purpose Equipment
Refrigeration Equipment
Ware Washing Equipment
Food Holding & Storing Equipment
Others
North America Food Service Equipment End-use Outlook (Revenue, USD Million, 2018 - 2030)
Full-Service Restaurants (FSR)
Quick Service Restaurants (QSR)
Institutional
Others
North America Food Service Equipment Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)
Online
Offline
North America Food Service Equipment Country Outlook (Revenue, USD Million, 2018 - 2030)
U.S.
Canada
Mexico
List of Key Players in the North America Food Service Equipment Market
AB Electrolux
Ali Group Worldwide
Dover Corporation
Blue Star Limited
Duke Manufacturing
FUJIMAK CORPORATION
Haier Group
HOSHIZAKI CORPORATION
Illinois Tool Works Inc.
MARUZEN CO., LTD.
SMEG S.p.A.
The Middleby Corporation
The Vollrath Company, LLC
AK Service & Food Equipment
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/north-america-food-service-equipment-market-report
#North America Food Service Equipment Market#North America Food Service Equipment Market Size#North America Food Service Equipment Market Share
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Helium Procurement Intelligence 2024 - 2030: Trends and Outlook
The helium market is expected to grow at a CAGR of 6.7% from 2024 to 2030. The market is predicted to grow significantly due to the rising demand for helium utilization in aerospace, healthcare, deep-sea exploration, automotive, and manufacturing industries. In 2023, North America accounted for the highest proportion of the industry share, with more than 36%. Helium's supercooling property has led to its use in medical equipment such as MRI and NMR machines, particle accelerators, and superconducting materials due to advances in cryogenic technologies. Helium is used in the semiconductor industry to test electrical components and cool circuit boards.
NASA is investing heavily in the R&D of helium to improve the efficiency of GPS-enabled vehicles. For instance, in September 2022, NASA awarded a contract of USD 149 million to Air Products and Chemicals, Linde, and Messer Group. The three leaders would provide helium of 1.4 million liters (liquid) and 87.7 million standard cubic feet of helium (gaseous) to different NASA facilities. It is being used in International Space Station programs.
In the noble gas market, helium dominated with 47% of the overall share in 2023. Technology-wise, it was found that in 2023, more than 80% of gas companies use advanced analytics and robotic process automation and leverage AI/ML technology in their processes. Suppliers actively engage in multiple mergers and acquisitions, capacity expansion, partnerships and collaborations, launch new products, develop new technologies, and invest heavily in R&D to gain competitive advantage.
Order your copy of the Helium Procurement Intelligence Report, 2024 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
A few examples are:
• In May 2023, it was announced that First Helium Inc. has signed a long-term supply contract with a significant international industrial gas company on a take-or-pay basis. According to the deal, First Helium would sell helium gas produced from its Worsley facility. The agreement is estimated to provide First Helium with a potential revenue stream of up to USD 100 million over the first five years of production, depending on the rate of growth in helium production at Worsley.
• In August 2022, Iwatani Corporation announced a new helium supply agreement with specialty gas company, Helious Specialty Gases (HSG). According to the agreement, Iwatani would provide liquid helium to HSG's transfill facilities in Rajasthan, Gujarat, and Telengana. The latter two of which would be operational post Q2 2022. These facilities can manage a million Nm3 of liquid helium annually, according to HSG.
• In January 2022, A long-term contract for the distribution of ultra-high quality carbon dioxide, helium, and hydrogen to one of the biggest semiconductor producers globally was announced by Air Liquide. To support this contract, Air Liquide aimed to spend up to USD 60 million on the development, ownership, and operation of onsite plants and systems at a new manufacturing facility in Phoenix, Arizona.
• In October 2021, The Bangkok Gas Centre was built from scratch by Iwatani Corporation and opened in November 2021. The Thailand center, which is the second helium base in Southeast Asia after the first station in Malaysia, was the basis for filling industrial gas, mostly helium. In addition to uses like MRI equipment cooling, industries such as semiconductor manufacturing will benefit from increasing the gas's production capacity.
Helium Sourcing Intelligence Highlights
• The global helium market features an oligopolistic landscape with the dominance of five major players. The top five players (Linde, Air Liquide, Air Products, Taiyo Nippon Sanso, and Iwatani) contribute around 80% of the market share.
• The competition is intense as big players such as Linde Plc, Air Products & Chemicals, and Air Liquide are extensively competing with each other to extend their global presence and product portfolio to cater to large global markets.
• The threat of substitutes is low as the alternatives for this category are limited. For instance, in some cases, argon, hydrogen, or nitrogen may be used in place of helium. However, nitrogen is a very poor substitute for helium despite having a low cost. Hydrogen on the other hand is a highly flammable commodity.
• The cost components associated with the production of helium are raw materials/feedstock, manufacturing process and equipment, electricity/energy, transportation/distribution, warehousing and storage, facilities and labor.
• The most preferred countries for sourcing helium are the U.S., Qatar, Algeria, Australia, and China.
List of Key Suppliers in the Helium Category
• Linde Plc
• Nippon Sanso Holdings Corporation
• Messer SE & Co. KGaA
• Air Products and Chemicals, Inc.
• Air Liquide S.A.
• Iwatani Corporation
• STRANDMOLLEN A/S
• Axcel Gases
• Gulf Cryo
• The Southern Gas Limited
• Ellenbarrie Industrial Gases Limited
• Qatargas Operating Company Limited
• Buzwair Industrial Gases Factories
• nexAir, LLC
• Exxon Mobil Corporation
Browse through Grand View Research’s collection of procurement intelligence studies:
• Lab Chemicals Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
• Polyethylene Terephthalate (PET) Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Helium Procurement Intelligence Report Scope
• Helium Category Growth Rate: CAGR of 6.7% from 2024 to 2030
• Pricing Growth Outlook: 15% - 20% (Annually)
• Pricing Models: Volume-based, contract-based pricing model
• Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence
• Supplier Selection Criteria: Application areas served, supply type, production capacity, purity level, type of helium provided, sources of helium, sub-helium brands, operational capabilities, quality measures, technology, certifications, data privacy regulations, and others
• Report Coverage: Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
• Market Intelligence involving – market size and forecast, growth factors, and driving trends
• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
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