Categories
News Press Release

Xenon Market Strategy 2020 Size, Share, Industry Overview and Regional Analysis Development 2020 to 2026

The Global Xenon Market Size is projected to reach USD 247.1 million by 2027, exhibiting a CAGR of 5.3% during the forecast period. High adoption of xenon gas in ion propulsion systems for satellites will be the most prominent growth driver for this market, shares Fortune Business Insights™ in its report, titled “Xenon Market Size, Share & Industry Analysis, By Application (Imaging and Lighting, Medical, Satellite, Electronics & Semiconductors, R&D, Black matter research and others), and Regional Forecast, 2020-2027”.

Ion thrusters ionize propellant by adding or removing electrons. Xenon (Xe) is the most commonly utilized propellant, because it has high atomic mass and is easily ionized, thus delivering the necessary amount of thrust when ions are accelerated.

Get Sample PDF Brochure with Impact of COVID19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/xenon-market-101965

Moreover, the gas is inert and has high storage density and therefore, it is ideal for storing in a spacecraft. Its favorable properties for space missions have encouraged space agencies to develop technologies that can efficiently leverage the powers of xenon. For example, the National Aeronautics and Space Administration (NASA) has been developing the NASA Evolutionary Xenon Thruster (NEXT), which is a high-power ion propulsion system engineered to reduce mission trip time and cost.

The unthinkable health and economic emergency created by the COVID-19 pandemic has stymied industrial activities around the globe. Many businesses have been forced to shut shop, while some businesses are undergoing unprecedented financial stress. In these troubled times, with a view to empower your business to survive these challenging times, Fortune Business Insights™ offers comprehensive market research reports based on our experience and expertise. These reports contain a detailed impact analysis of coronavirus pandemic on the market of your concern.

Market Restraint

Potential Health Risks of Xenon May Inhibit Adoption in the Medical Industry

A prominent constraint facing the xenon market growth is the health risks associated with the inhalation of the gas. Xe has been classified as a simple asphyxiant and intake of the gas in high concentrations can lead to nausea, vomiting, dizziness, and even death. If oxygen levels are low, unconsciousness or death can occur in a matter of minutes without warning. The immediate symptoms indicating the excessive inhalation of a simple asphyxiant include rapid respirations and want of air. Low oxygen supply to the brain then leads to diminishing of mental alertness and impairment of muscular coordination. Senses are suppressed and as the effects intensify, the person loses consciousness, slips into coma, and eventually, death. The health hazards linked to xenon are, therefore, impeding the adoption of the gas in the healthcare industry. However, despite its drawbacks, Xe is widely used in small proportions for its natural anesthetic properties in the healthcare facilities to effectively perform surgical procedures.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/xenon-market-101965

 

Regional Insights

Promising Expansion of the Satellite Industry in Asia Pacific to Generate Several Opportunities

Asia Pacific dominated the xenon market share in 2019 with a market size of 78.41 million and the region is expected to hold its leading position during the forecast period on account of the excellent expansion of the satellite industry, primarily in India and China. Both countries are making heavy investments in next-gen propulsion technologies, which is likely to surge the demand for xenon. Moreover, in India, the Indian Space Research Organization (ISRO) has a series of launches planned for the next decade, which bodes well for the market in the country.

In Europe, dark matter research conducted by the European Space Agency (ESA) and the European Organization for Nuclear Research (CERN) is expected to heighten the demand for xenon and other inert gases. In Latin America and the Middle East & Africa, the main growth drivers will be xenon applications in imaging and lighting activities.

As per the report, the global market value stood at USD 199.5 million in 2019. The report also features the following highlights:

  • Thorough examination of the forces driving, restraining, and creating opportunities in the market;
  • Exhaustive evaluation of the market segments;
  • Granular analysis of the regional dynamics impacting the market; and
  • Holistic study of the leading market players and their strategies.

 

Competitive Landscape

Development of Xenon Applications for Medical Industry to be Key Focus Area for Players

Key players in this market are making large investments in developing xenon applications for the medical industry as the demand for anesthetics is consistently high in this industry. In addition, companies are engaging in collaborations with research organizations and governments to further advance xenon-related technologies for space missions.

 

List of Key Companies Profiled in the Xenon Market Report:

 

Browse Detailed Summary of Research Report With TOC:

https://www.fortunebusinessinsights.com/xenon-market-101965

 

Industry Developments:

  • December 2018: Linde and NPXe Limited announced the rollout of the first patient from the European Union (EU) in a critical Phase-III trial investigating the efficacy xenon gas in Post-Cardiac Arrest Syndrome. The first rollout site will be the University of Copenhagen in Denmark.
  • May 2018: UK-based nuclear medicine specialist, Curium Pharma, announced the availability of the radiopharmaceutical Xenon Xe 133 for patients in the US needing nuclear medicine. This has been made possible by Curium as the company has established an integrated vertical supply chain that allows more efficient control on production and ensures wider availability.

Have a Look at Related News:

https://www.fox34.com/story/42864101/situational-awareness-market-growth-demand-size-share-future-trend-and-historical-data-analysis-by-top-manufacturers-2020-to-2026-l3harris

 

https://www.wrcbtv.com/story/42864101/situational-awareness-market-growth-demand-size-share-future-trend-and-historical-data-analysis-by-top-manufacturers-2020-to-2026-l3harris

 

https://www.erienewsnow.com/story/42864101/situational-awareness-market-growth-demand-size-share-future-trend-and-historical-data-analysis-by-top-manufacturers-2020-to-2026-l3harris

 

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

 

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

Categories
News Press Release

krypton Market Leading Vendors, End-Users, Segmentation, Demand Analysis and Future Forecast 2020 to 2026

The report further mentions that the krypton market size was USD 12.6 million in 2019. It is estimated to reach USD 11.9 million by 2027, thereby exhibiting a CAGR of 0.9% over the forecast period. The Global Krypton Market is anticipated to gain impetus from its extensive usage in satellites. This is because the gas is cheaper and is available in abundance, as compared to xenon. Fortune Business Insights™ presented this information in a new report, titled, “Krypton Market Size, Share & Industry Analysis, By Application (Lighting, Windows, Laser, R&D and Others), and Regional Forecast, 2020-2027.”

Drivers & Restraints-

Rising Usage in High-end Double & Triple Glazed Windows to Boost Growth

Krypton is mainly used to manufacture high-end triple and double glazed windows, as it delivers superior acoustic and thermal insulation. Though argon is presently dominating the market, the demand for krypton is growing steadily worldwide because of the increasing demand for energy-efficient and high performance windows. However, its high cost is the main point of concern for customers. Owing to the availability of cheaper substitutes, the krypton market growth may slow down in the coming years.

Get Sample PDF Brochure with Impact of COVID19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/krypton-market-101961

A list of all the krypton providers operating in the global market:

  • Air Liquide (France)
  • Linde PLC (Ireland)
  • Air Products & Chemicals, Inc. (USA)
  • Messer Group GmbH (Germany)
  • Proton Gases (India) Pvt. Ltd. (India)
  • Matheson Tri-Gas, Inc. (USA)
  • American Gas Products (AGP LLC) (USA)
  • Coregas Pty Ltd. (USA)
  • Akela-p Medical Gases P. Ltd. (Russia)
  • Electronic Fluorocarbons, LLC (USA)
  • Iceblick Ltd. (Ukraine)
  • Air Water Inc. (Japan)

Competitive Landscape-

Key Players Focus on Launching New Satellites with Kr to Gain Competitive Edge

The market houses five leading manufacturers that account for more than 85% share globally. Most of them are engaged in mergers and acquisitions, while the others are trying to develop new satellites with this gas. Below is the latest industry development:

  • May 2019: Elon Musk’s company, SpaceX launched Starlink internet satellites. The aim behind this is to develop a megaconstellation in batches of 60. They will be equipped with krypton, instead of xenon.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/krypton-market-101961

Segment-

Lighting Segment to Grow Steadily Owing to High Demand from Various Industries

Based on application, the lighting segment earned 35.00% in terms of krypton market share in 2019. This growth is attributable to the high demand for krypton-filled lamps for industrial and transport lighting applications. They provide high white light luminance and long life span.

Regional Analysis-

Asia Pacific to Dominate Stoked by High Demand from Construction Industry

In 2019, Asia Pacific procured USD 4.88 million in terms of revenue and would retain its leading position in the near future. The increasing demand for the product from semiconductor and construction industries in the region would bolster growth. At the same time, the rapid urbanization in China would help in creating growth opportunities in the region. North America, on the other hand, is set to grow considerably backed by the increasing demand for krypton-filled windows in the region.

Browse Detailed Summary of Research Report With TOC:

https://www.fortunebusinessinsights.com/plastics-market-102176

What Does This Report Contain?

  • In-depth information about the segments in the market.
  • Historical, estimated, and present sizes of the market.
  • Profiles of key companies and their crucial strategies.
  • Data of the growth drivers, hindrances, and dynamics.

Have a Look at Related News:

https://www.fox34.com/story/42864100/satellite-bus-market-flourish-strongly-and-rising-space-exploration-missions-to-boost-industry-development-by-industry-analysis-of-top-leaders

 

https://www.wrcbtv.com/story/42864100/satellite-bus-market-flourish-strongly-and-rising-space-exploration-missions-to-boost-industry-development-by-industry-analysis-of-top-leaders

 

https://www.erienewsnow.com/story/42864100/satellite-bus-market-flourish-strongly-and-rising-space-exploration-missions-to-boost-industry-development-by-industry-analysis-of-top-leaders

 

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

Categories
News Press Release

Radar Market Insights 2020: Global Industry Analysis by Size, Share, Value & Volume, Growth Rate and Regional Factors 2026 Forecast

Global Radar Market research evaluates with highlights of product and application segments, revenue, sales and growth rate. Mostly Radar uses for Military Applications, Remote Sensing and Air Traffic Control. These are basic parameters of radar industry to grow their business strategy. Industry research based on extensive analysis of competitive strengths which include company exchange rate, demand Landscape, merger, expansion, acquisition and shares of top companies.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

Get Sample PDF Brochure with Impact of COVID19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/radar-market-103327

The constant changes in consumer preference with the emergence of healthy food products and exotic flavors are expected to boost the Global Radar Market growth in the coming years. Also, the increasing adoption of food delivery services, namely, Zomato, Swiggy, and Deliveroo across the globe is one of significant trends that would accelerate growth with time. Apart from that, the introduction of convenient packaging, such as bowl-based food items featuring kale and quinoa is anticipated to propel consumers to look for healthy and quick eating options. Therefore, key players are trying to better understand the lifestyle of their larger consumer bases for keeping up with their changing preferences.

Global Radar Market Top Manufacturers:-

  • ASELSAN A.Ş. (Turkey),
  • Blighter Surveillance Systems Ltd. ( The U.K),
  • Detect Inc. (The U.S.),
  • Elbit Systems Ltd.( Israel),
  • Flir Systems, Inc.(The U.S.),
  • Harris Corporation (The U.S.),
  • Israel Aerospace Industries Ltd.(Israel),
  • Leonardo S.P.A (Italy), Lockheed Martin Corporation (The U.S.),
  • Hensoldt ( Germany),
  • Raytheon Company (The U.S.),
  • Saab AB ( Sweden), Terma A/S ( Denmark),
  • Thales Group( France),
  • Honeywell International Inc.( The U.S.)
  • and among others

 

The Radar Market Report calculate the market size, the report considers the revenue generated from the sales and technologies. Radar is used in astronomy, anti-missiles systems, marine, aircraft anti- air-defense system, collision system, air traffic control, and meteorological monitoring. Segmentation of radar market on the basis of Services into an installation/integration, support & maintenance, and training & consulting.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/radar-market-103327

Segmentation:

By Component:-

  • Antenna
  • Transmitter
  • Receiver
  • Others

By Application:-

  • Ground-based
  • Airborne
  • Naval
  • Space-based

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

What Does This Report Include?

Our skilled team of analysts has developed a specially curated report to help you in understanding the impact of COVID-19 on this market. The report is developed by conducting in-depth primary and secondary research. It includes analysis of various regions and nations, as well as the current trends that are being followed in these regions. Multiple approaches were taken up by our team to derive the market growth rate and value. Also, it presents enhanced data collected through secondary sources, namely, company websites, journals, business magazines, and press releases. The analysis of each nation is given by studying several macro-economic factors, regional players, consumer behavior, and government policies. Our clients would be able to take positive steps towards regaining business confidence by analyzing the Radar market Share, growth drivers, obstacles, challenges, and opportunities.

By Geography Analysis:-

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
  • South America (Brazil, Argentina, and Rest of South America)
  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)

 

Browse Detailed Summary of Research Report With TOC: https://www.fortunebusinessinsights.com/radar-market-103327

Report Analysis and Objectives:-

  • Details regarding the sales, revenue, growth rate, regions, trend, technology and future scope.
  • To analyse the Radar Market concerning growth trends, demand, growth prospects in the entire sector.
  • Worldwide Radar Industry manufacturing companies, product sales, market share, size, landscape, SWOT analysis and development plans.
  • The report evaluates the market share for each application, segment, region and estimates their growth during the forecast period.
  • To examine the Global Radar Market size, volume, value from the company, essential regions & countries, products and application, background information.

 

Have a Look at Related News:-

U.S. Reusable Launch Vehicle Market:

https://www.fortunebusinessinsights.com/us-reusable-launch-vehicle-market-102005

 

Automatic Weapons Market:

https://www.fortunebusinessinsights.com/automatic-weapons-market-103524

 

About Us:-

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the Industry Size they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and Market Industry-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:-

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email[email protected]

Fortune Business Insights™

LinkedIn | Twitter | Blogs

Categories
News Press Release US Markets

Gas Mask Market Competitive Landscape 2020-2026: Industry overview, Size, Share, Growth Margin and Regional Strategy

Gas Mask Market outline 2020 industry research report gathered the information for readers to obtain global competition overview. A Gas Mask is used to protect a wearer from poison gas. The market scenario explains overall business strategy with Gas Mask Industry growth, segmentation, application, future opportunity and scope. A gas mask is a mask used to protect the wearer from inhaling airborne pollutants and toxic gases. The mask forms a sealed cover over the nose and mouth, but may also cover the eyes and other vulnerable soft tissues of the face.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

Get Sample PDF Brochure with Impact of COVID19:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/gas-mask-market-103326

The constant changes in consumer preference with the emergence of healthy food products and exotic flavors are expected to boost the Global Gas Mask Market growth in the coming years. Also, the increasing adoption of food delivery services, namely, Zomato, Swiggy, and Deliveroo across the globe is one of significant trends that would accelerate growth with time. Apart from that, the introduction of convenient packaging, such as bowl-based food items featuring kale and quinoa is anticipated to propel consumers to look for healthy and quick eating options. Therefore, key players are trying to better understand the lifestyle of their larger consumer bases for keeping up with their changing preferences.

Global Gas Mask Market Top Manufacturers:-

  • Johnson Controls (The U.S.),
  • 3M (The U.S.),
  • Drägerwerk AG & Co. KGaA (Germany),
  • MSA (Pennsylvania),
  • Honeywell International Inc. (The U.S.),
  • Avon Protection (The U.S.),
  • AirBoss of America Corp. (Canada),
  • KCWW (The U.S.),
  • RPB Safety (The U.S.),
  • RSG Safety (Netherland),
  • and among others.

Gas Mask consists of a fan on the canister pumps in the air; The air is passed through a filter and gets purified. Oxygen masks are used by pilots flying at high altitudes. Plastic oxygen masks are also used in hospitals for oxygen therapy. Material of gas mask is: filter cartridge, flexible face covering piece, transparent eye lenses, and a series of straps and bands to hold the device.

Inquire Before Buying This Research Report:

https://www.fortunebusinessinsights.com/enquiry/queries/gas-mask-market-103326

Segmentation:

By Product Types:-

  • Duct Mask
  • Air Purifying Respirators (APRS)
  • Powered Air Purifying Respirators (PAPRS)
  • Self-Contained Breathing Apparatus (SCBAS)
  • Emergency Escape Hoods

By Application:-

  • Oil and Gas
  • Military
  • Healthcare
  • Mining
  • Fire Service
  • Industrial Sector
  • Others

 

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

What Does This Report Include?

Our skilled team of analysts has developed a specially curated report to help you in understanding the impact of COVID-19 on this market. The report is developed by conducting in-depth primary and secondary research. It includes analysis of various regions and nations, as well as the current trends that are being followed in these regions. Multiple approaches were taken up by our team to derive the market growth rate and value. Also, it presents enhanced data collected through secondary sources, namely, company websites, journals, business magazines, and press releases. The analysis of each nation is given by studying several macro-economic factors, regional players, consumer behavior, and government policies. Our clients would be able to take positive steps towards regaining business confidence by analyzing the Gas Mask market Share, growth drivers, obstacles, challenges, and opportunities.

By Geography Analysis:-

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
  • South America (Brazil, Argentina, and Rest of South America)
  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)

 

Browse Detailed Summary of Research Report With TOC: https://www.fortunebusinessinsights.com/gas-mask-market-103326

 

Report Analysis and Objectives:-

  • Details regarding the sales, revenue, growth rate, regions, trend, technology and future scope.
  • To analyse the Gas Mask Market concerning growth trends, demand, growth prospects in the entire sector.
  • Worldwide Gas Mask Industry manufacturing companies, product sales, market share, size, landscape, SWOT analysis and development plans.
  • The report evaluates the market share for each application, segment, region and estimates their growth during the forecast period.
  • To examine the Global Gas Mask Market size, volume, value from the company, essential regions & countries, products and application, background information.

 

Have a Look at Related News:-

Military Drone Market:

https://www.fortunebusinessinsights.com/military-drone-market-102181

 

U.S. Reusable Launch Vehicle Market:

https://www.fortunebusinessinsights.com/us-reusable-launch-vehicle-market-102005

 

About Us:-

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the Industry Size they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and Market Industry-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:-

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email[email protected]

Fortune Business Insights™

LinkedIn | Twitter | Blogs

 

Categories
News Press Release

Injection Molded Plastics Market 2026 Growth Predictions by top Key Players with Recent Size and Share Estimation

The Global Injection Molded Plastics Market is expected to reach $513.45 billion by 2026, exhibiting a CAGR of 5.1% during the forecast period. The rising uptake of injection-molded plastics across different industries is foreseen to be a key growth driver for this market in the forthcoming years. These plastics are being extensively utilized in the food and beverage industry owing to the stringent regulatory norms that govern their manufacturing process and quality. As a result, the majority of the molded plastics used are engineered to not react with the food or beverage that is being packed. These materials are primarily used to manufacture caps, containers, conveyor system components, and filters in the food and beverage industry. Another industry where these plastics are finding rising demand is medical and pharmaceutical.

Packaging of medicines and other medical equipment requires high-quality moldable material as any reaction with the medicine could prove disastrous for the patient. Injection-molded plastics provide the optimum solution for this industry as they have high strength and have good resistance to high temperatures.

Fortune Business Insights™ in this new report, titled “Injection Molded Plastics Market Size, Share & Industry Analysis, By Resin Polypropylene (PP), Acrylonitrile butadiene styrene (ABS), High-density polyethylene (HDPE), Polystyrene (PS), and Others), By Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2019-2026”, states that the market value stood at $346.10 billion in 2018.

Request a Sample PDF Brochure of “Injection Molded Plastics Market” Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/injection-molded-plastics-market-101970

Cost- and Size-related Limitations to Stem Growth

While there is high demand from different industries for injection molded plastics, certain limitations of these plastics related to size and cost may hold back the market from reaching its true potential. For instance, before reaching the final production stage, numerous designing and molding operations need to be performed, which can escalate costs for the manufacturer. Furthermore, the tool used for molding process is complex and requires skills to operate, thereby necessitating investment in training employees in handling this equipment. With regard to size, these products require large machines, whose installation and maintenance can prove pocket-heavy for the manufacturer. Moreover, making these plastics is a time-consuming process, taking up to 6 weeks to produce one product, which is a major disadvantage inhibiting the growth of this market.

“However, these drawbacks notwithstanding, the variety of advantages offered by these products will continue to lead the Injection Molded Plastics Market trends”, says a lead analyst at Fortune Business Insights™.

List of Key Players Covered in the Injection Molded Plastics Market Report:

  • Magna International Inc.
  • Coastal Plastic Molding, Inc.
  • LyondellBasell
  • HTI Plastics
  • Dow Inc.
  • Huntsman Corporation
  • Toshiba Corporation
  • Valder Kunststoffverarbeitungs GmbH
  • DuPont
  • BASF SE

Key Industry Developments:

  • December 2019: BASF launched its polyphenylsulfone (PPSU) Ultrason® P 2010, an upgrade to its renowned Ultrason® P. The new offering features enhanced flow behavior in injection moldings, enabling manufacturing of complex items such as those used in airplanes. The advancement will also ensure low energy consumption as it enables more efficient raw material processing.
  • August 2019: Dow Inc. and Fuenix Ecogy Group collaborated to produce and fully-recyclable plastic. The partnership will achieve this by using pyrolysis oil feedstock, which Dow will utilize to manufacture new polymers at its production plants in the Netherlands. Polymers manufactured using this feedstock can be used in various industries, especially food packaging.

Check Avail Discount on Report: https://www.fortunebusinessinsights.com/enquiry/check-discount/injection-molded-plastics-market-101970

Expansion of Automotive Industry to Propel the Market in Asia-Pacific

Asia-Pacific is projected to dominate the Injection Molded Plastics Market share on account of rapid expansion of the automotive industry fueled by rising incomes in India and China. In addition to this, there is increasing demand for efficient and safe food packaging in India, China, and Japan. Other factors driving the regional market include escalating pace of urbanization, growing adoption of smart buildings, and high population growth in this region.

Robust presence of major manufacturers along with well-established packaging and electronics industries will ensure stable growth of the market in North America, where the market size was at USD 49.93 billion in 2018. In Europe, high demand for injection molded plastics from the food and beverage industry will elevate the potential of the market in the region.

Offering of Eco-friendly Solutions to Make Competition Fierce

The Injection Molded Plastics Market forecast predicts that key players in this market are developing innovative, environmental-friendly products that are energy-efficient and recyclable. With sustainability being the industrial buzzword, such innovative offerings would stand in good stead for the companies in the coming decade.

Browse More Trending Topics from Fortune Business Insights™ :

Aerospace & Defense Materials Market Size, Share & Industry Analysis, By Material (Titanium Alloys, Aluminum Alloys, Composites, Super Alloys, Steel and Others), By Aircraft (Commercial, Military, Business & General Aviation and Others) and Regional Forecast, 2020-2027

Membranes Market Size, Share & Industry Analysis, By Technology (RO/FO, UF, NF, MF, and Others), By Applications (Water & wastewater treatment, Food & beverage, Gas separation and Others) and Regional Forecast, 2019-2027

Liquid Soap Market Size, Share & Industry Analysis, By Product Type (Bath & Body Soaps, Dish Wash Soaps, Laundry Soaps, and Others), Application (Household and Commercial), Distribution Channel, and Regional Forecast, 2020-2027

Categories
News Press Release

Perfumery Glass Bottles Market Key Updates, Industry Share, Demand Analysis and Forecast to 2026

The global perfumery glass bottles market size is expected to reach USD 2.09 billion by 2026, exhibiting a CAGR of 4.4% during the forecast period. The market size stood at USD 1.49 Billion in 2018.

Furthermore, the growing research and development in the cosmetics industry will enable the healthy growth of the Perfumery Glass Bottles Market in the future. For instance, according to the Cosmetics European Trade Association, The European cosmetics and personal care industry employ approximately 28,800 scientists from a wide range of disciplines, including physics, microbiology, biology, dermatology, dentistry, toxicology, rheology, analytical chemistry, and genetics. There are at least 77 scientific innovation facilities in Europe carrying research in relation to cosmetics.

Additionally, rising regulatory policies for the implication of product safety will spur demand for nontoxic perfumery glass bottles. For instance, The Personal Care Products Council (PCPC) successfully petitions FDA to issue draft guidance for lead impurities in lip products and externally applied cosmetics, providing critical regulatory certainty consistent with international policies.

According to the recent report published by Fortune Business Insights in a report, titled “Perfumery Glass Bottles Market Size, Share & Industry Analysis, By Form (Translucent, Transparent, and Opaque), Capacity (0-50 ml, 50-150 ml, and >150 ml), and Regional Forecasts, 2019 – 2026”, The rising inclination of customers towards the packaging of cosmetic products will subsequently escalate the demand for perfumery glass bottles in the forthcoming years.

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visit
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/perfumery-glass-bottles-market-102064

The perfumery glass bottles market executes a PESTEL study and SWOT analysis to reveal the stability, restrictions, openings, and threats in the market. Combined with the market analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Perfumery Glass Bottles Market, and all articulated with geographical and merchandise segments.

List of Best Companies in the Perfumery Glass Bottles Market Include;

  • Verescence
  • Vidraria Anchieta
  • Gerresheimer
  • Roma International PLC
  • SGB Packaging
  • Stölzle-Oberglas
  • Baralan
  • Consol Glass
  • Continental Bottle
  • DSM Packaging
  • Heinz-Glass

Moreover, it also shows different procedures and strategies, benefactors and dealers working in the market, explores components convincing market development, generation patterns, and following systems. Additionally, the figures and topics covered in this report are both all-inclusive and reliable for the readers.

Announcement of Glass Bottle with SCULPT’in Technology to Spur New Market Opportunities

Verescence, a global leader in glass bottle manufacturing for the perfumery and cosmetics industry, manufactured an exceptional glass bottle with its SCULPT’in technology for Arizona, the first fragrance by fashion brand Proenza Schouler under a license agreement with L’Oréal.  Furthermore, the Arizona bottle demonstrates Verescence’s innovation capabilities, both in terms of glass and decoration.

The introduction of the new remarkable glass bootle with SCULPT’in technology will bolster the healthy growth of the market during the forecast period owing to the unique and innovative glass. Additionally, “This Verescence’s patented technology SCULPT’in revolutionizes the glass bottle forming process and allows us to create singular glass distributions inside bottles blown through a standard neck finish.” Sates Samuel Joachim, INPD Director at Verescence.

Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/perfumery-glass-bottles-market-102064

E-Commerce Penetration to Influence Expansion Process

The increasing globalization and urbanization will aid the Perfumery Glass Bottles Market growth in the foreseeable future. The progression in consumer-oriented strategies will spur demand for consumer goods, which, in turn, will boost the Perfumery Glass Bottles Market revenue. Moreover, the surge in advertisements and marketing strategies by key players to attract customers will augment new sales opportunities for the market in the forthcoming year.

Additionally, the growing trend of online shopping and the penetration of various E-commerce companies will contribute positively to the growth of the Perfumery Glass Bottles Market in the forthcoming years. For instance, in October 2019, Amazon announced its earnings for its third fiscal quarter of 2019, including revenue of $70.0 billion, net income of $2.1 billion, and earnings per share of $4.23 (compared to revenue of $56.6 billion, net income of $2.9 billion, and earnings per share of $5.75 in Q3 2018).

Rising Focus on Beauty & Wellness to Boost Market in Asia Pacific

Asia Pacific is expected to grow profoundly in the forthcoming years and projected witness a CAGR of 5.6% during the period from 2019 to 2026. The growth in the region is attributable to the rising consumption of perfume in countries such as China, India, Japan, Australia, Indonesia, and others. The increasing disposable income and preference for beauty & wellness will augment growth in the region.

Browse More Trending Topics from Fortune Business Insights™ :

Solid Waste Management Market Size, Share & Industry Analysis, By Waste Type (Industrial Waste and Municipal Waste {Organic Matters, Paper, Plastic, Glass & Metal and Others}), By Treatment Method (Collection, Processing {Recycling & Composting} and Disposal {Landfilling & Open Dump and Incineration}) and Regional Forecast, 2020-2027

 

Flexitank Market Size, Share & Industry Analysis, By Reusability (Single-Use and Reusable), By Product (Monolayer and Multilayer), By Loading Type (Top Loading and Bottom Loading), By Application (Food-Grade Liquids [Alcoholic Beverages; Edible Oils; Juices, Concentrates, and Syrups; and Others], Non-Hazardous Liquid Chemicals, and Pharmaceutical Liquids), and Regional Forecast, 2020-2027

 

Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027

Categories
News Press Release

High Strength Steel Market Demand in 2020, Growth, Size, Share and Business Opportunities in 2026

Multifaceted Nature of High Strength Steel to Fuel Its Demand Across Industries High Strength Steel Market

Steel is the backbone of majority of industries in the world and is one of the core materials that can meet a host end-user needs. High strength steel is an upgraded version of regular steel and offers many more advantages to its conventional counterpart. For example, according to the Australian Steel Institute, the high-yield and robust tensile strength of this steel can be effectively utilized to increase stresses in designs. Additionally, structural dead weights can be decreased that can save both costs and space. Owing to these advantages, high strength steel is finding increasing applicability across a wide spectrum of industries such as aerospace, electronics, and marine, which is accelerating the High Strength Steel Market growth.

The Global High Strength Steel Market Share value is projected to reach USD 53.43 billion by 2026, the value of this market stood at USD 28.79 billion in 2018, exhibiting a CAGR of 8.1% during the forecast period 2019-2026.

List of top players covered in High Strength Steel Market research report are:

  • ArcelorMittal S.A.
  • Baosteel Group Corporation
  • Nippon Steel & Sumitomo Metal Corporation
  • HBIS Group
  • Posco Group
  • JFE Steel Corporation
  • United States Steel Corporation
  • China Steel Corporation
  • Steel Authority of India Limited (SAIL)
  • Tata Steel
  • Angang Steel Company Limited
  • Hebei Puyong Iron and Steel Group Co., Ltd.
  • JSW Steel
  • SSAB AB
  • Novolipetsk Steel (NLMK)
  • CITIC Pacific Special Steel Holdings
  • Hyundai Steel Company
  • Voestalpine AG
  • Nucor Corporation
  • Thyssenkrupp Ag
  • Metinvest Holding, LLC
  • PAO Severstal
  • Gerdau S.A.
  • Shandong Iron and Steel Group
  • Other Key Players

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/high-strength-steel-market-101854

High Strength Steel Market Size, Share & Industry Analysis, By Type (High Strength Low Alloy (HSLA), Dual Phase (DP), Transformation Induced Plasticity (TRIP), Martensitic (MS), and Others), By Application (Automotive; Building & Construction; Mechanical & Heavy Equipment; Rail, Aviation & Marine; and Others), and Regional Forecast, 2019-2026

The high strength steel has a greater yield of 275 MPa and above along with carbon content between 0.05% and 0.25%, manganese content below 2%, and a combination of other metals. These properties make this type of steel the ideal candidate for producing lightweight vehicles and this will also become one of the leading high strength steel market trends.

The rising demand for lightweight steel in the automotive industry is expected to be a major growth driver of this market. There is an urgent global need to reduce carbon emissions from automobiles and the adoption of high strength steel in place of carbon steel offers a viable solution to this problem. This category of steel is known for its high strength capacity, which reduces the conventional steel requirement to manufacture vehicles and vehicular parts.

Key Industry Developments:

  • December 2019: An MoU was signed between HBIS Group and POSCO Group for the initiation of a joint venture to develop, produce, and sell high-end steel products in the prospering automotive industry of China.
  • May 2019: United States Steel Corporation announced an investment of $1 billion in the company’s Mon Valley Works. The investment will make Mon Valley the principal producer of the company’s signature XG3™ Advanced High Strength Steel for manufacturing of fuel efficient vehicles.

Ask for Customization:  https://www.fortunebusinessinsights.com/enquiry/customization/high-strength-steel-market-101854

Flourishing Construction Industry to Propel the Market in Asia-Pacific

Asia-Pacific is projected to dominate the High Strength Steel Market share, since the region commanded the market share in 2018. Increasing production and consumption of steel by the automotive, construction, and heavy machinery industries are the leading factors driving the market in this region.

The High Strength Steel Market size in North America was USD 3.21 billion in 2018. The region is anticipated to display the highest CAGR on account of the high demand for steel from the automotive and mechanical industries in the US. Europe, too, will showcase a sturdy CAGR owing to the rising demand for lightweight steel for manufacturing electric and hybrid vehicles.

Launch of New-Age Products to Intensify Competition

The High Strength Steel Market forecast points towards a period of intense competition as companies adopt strategies to gain a competitive edge. This is being achieved through development and launch of innovative products and solutions.

Browse More Trending Topics from Fortune Business Insights™ :

Plastic Waste Management Market Size, Share & Industry Analysis, By Source (Industrial Waste and Municipal Waste), By Material (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polystyrene and Others), By Product Type (Packaging, Construction, Automotive, Electrical & Electronics and Others), By Treatment Method (Collection, Recycling and Disposal {Landfilling & Incineration}) and Regional Forecast, 2020-2027

Asphalt Market Size, Share & Industry Analysis, By Product (Paving, Roofing, and Others), By Application (Roadways, Waterproofing, Recreation, and Others), and Regional Forecast, 2020-2027

Swine Feed Market Size, Share & Industry Analysis, By Type (Starter Feed, Sow Feed, and Grower Feed), Additives (Vitamins, Amino Acids, Antibiotics, Enzymes, and Others), Form (Pellets, Mash, and Crumbles), and Regional Forecast, 2020 – 2027

Water Purifier Market Size, Share & Industry Analysis, By Product Type (Point-of-use Filters {Under the Counter Filters, Counter Top Filters, Pitcher Filters, Faucet-mounted Filters and Others} and Point-of-entry Filters), By Category (RO Filters, UV Filters, Gravity Filters and Others), By Application (Residential and Commercial) and Regional Forecast, 2020-2027

Categories
News Press Release

Calcium Formate Market Growth, Share Value, Trends, Demand Overview, and Regional Forecast to 2026

The Global Calcium Formate Market size is set to touch USD 627.1 million by 2026, registering a CAGR of 4.2% during the forecast period, the market was valued at USD 451.2 Million in 2018.

Rapid expansion of construction industry around the globe will be the primary driving force behind the growth of this market. According to a study published by Oxford Economics, the global construction industry is expected to grow at about 3.9% annually till 2030, with majority of this growth slated to occur in the three major economies of the US, China, and India, accounting for nearly 57% of the growth. Furthermore, the study reveals that output from construction will increase by a staggering 85% in the next decade at a value of around USD 15.5 trillion by 2030. Calcium formate is an integral component in the production of concrete and cement-based products. Thus, with the expected rise in construction activities around the world, the demand for the compound will rise correspondingly.

According to the Fortune Business Insights report, titled “Calcium Formate Market Size, Share & Industry Analysis, By Type (Feed Grade, Industrial Grade), By Application (Feed, Construction, Leather, Chemical, and Others), and Regional Forecast, 2019-2026”.

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visit:
https://www.fortunebusinessinsights.com/enquiry/covid19-impact/calcium-formate-market-101683

The report also contains an in-depth analysis and evaluation of the factors, trends, and dynamics that will influence the market in the forecast period. Besides this, it provides a thorough research based on which businesses can formulate their strategies to excel in this market.

List of Best Companies Operating in the Calcium Formate Market are;

  • LANXESS
  • Perstorp
  • Chongqing Chuandong Chemical (Group) Co., Ltd.
  • American Elements
  • GEO Specialty Chemicals
  • Henan Botai Chemical Building Materials Company Ltd.
  • Zibo Ruibao Chemical Co., Ltd.
  • Shandong Baoyuan Chemical Co.,Ltd
  • Jiangxi Kosin Organic Chemical
  • Sidley Chemical Co.,Ltd

Multi-Utility Nature of Calcium Formate to Boost Growth Prospects

Calcium formate structure makes it a white crystalline solid that is free-flowing and odourless. Its unique properties have made it a highly demanded compound across the industrial spectrum. For example, in the leather tanning industry, calcium formate speeds up the percolation of chrome in the leather. This is also why leather is one of the leading segments in the market with a 18.3% share, as per Calcium Formate Market trends. Addition of the compound in cement makes cement hard, strong, and more durable, making it a hot cake in the cement industry. Moreover, the compound also works well in low temperature and prevents corrosion in metal substrates. Another application of calcium ethanoate is in flue gas desulphurization, where the compound has shown the capacity to remove nearly 95% of oxides of sulphur from fuel oil. This multi-applicability is expected to enhance the potential of this market in the approaching decade.

Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/calcium-formate-market-101683

Asia-Pacific to Hold a Commanding Position in the Market; Europe to Grow Healthily

Asia-Pacific is projected to dominate the Calcium Formate Market share owing to the explosion of construction activities in China and India and a flourishing cement and steel industry in Japan. Europe is anticipated to experience a stable growth period owing to the increasing demand for calcium ethanoate in the feed industry. North America, Latin America, Africa, and the Middle East will exhibit a relatively modest CAGR due to low demand for the compound in their construction industries.

Increasing Research into Safety of Calcium Formate to Promote Innovation

Competition in this market is still at its nascent stage as safety in using the compound is still being researched and the results are promising. For example, the International Labor Organization (ILO) found that ingestion of calcium formate in a healthy body does not lead to its accumulation and is, in fact, metabolized by the body at a quick pace. These are positive signs for players to increase their investment in R&D activities in manufacturing this compound and establishing their presence in the market.

Browse More Trending Topics from Fortune Business Insights™ :

Antimicrobial Textiles Market Size to Reach USD 13.89 Billion by 2027; Increasing Awareness about Infectious Diseases to Boost Market Growth, Says Fortune Business Insights™

Automotive Engine Oil Market Size to Touch USD 45.66 Billion by 2026; High Demand for Lower Viscosity Motor Oil to Aid Growth, Says Fortune Business Insights™

Technical Textiles Market Size to Reach USD 195.36 Billion by 2026; Owing to Rapid Urbanization and Rising Demand From Application Such as Civil Engineering and Construction, Says Fortune Business Insights™

Gypsum Board Market Worth USD 53.68 Billion by 2026; Driven by the Increasing Emphasis on Adoption of Recyclable Products, says Fortune Business Insights™

Categories
News Press Release

Adhesives & Sealants Market Business Opportunities, Size, Industry Share, Growth, Trends and Forecast to 2026

The Global Adhesives & Sealants Market Size is expected to reach USD 66.76 billion by 2026, exhibiting a CAGR of 5.05% during the forecast period. Promising growth of the global building and construction industry is touted to be the top factor driving this market in the foreseeable future. According to the French credit insurance company, Euler Hermes, the global construction industry grew by 3.5% in 2018 from 2017 levels, making 2018 the best-performing year for the industry in a decade.

List of Top Players Covered in the Adhesives & Sealants Market Research Report are;

  • Sika AG
  • PPG Industries
  • B. Fuller Company
  • Avery Dennison
  • Arkema S.A.
  • RPM International Inc.
  • Huntsman Corporation
  • BASF SE
  • Ashland Inc.
  • 3M

Get Sample PDF Brochure with “Short-Term and Long-Term Impact of COVID-19” on Market, Please Visithttps://www.fortunebusinessinsights.com/enquiry/covid19-impact/adhesives-and-sealants-market-101715

Market Report Overview

Furthermore, a joint report produced and published by Global Construction Perspectives and Oxford Economics predicts that the value of this industry will hit $15.5 trillion by 2030, with an 85% rise in volume. India, China, and the US will account for nearly 57% of this rise, the report states. Adhesives and sealants are some of the most vital components in buildings as they hold join two distinctive materials together and keep them in place for prolonged periods of time. Thus, escalating demand for housing and commercial spaces would leverage the adhesives and sealants market growth in the coming years.

The other highlights of the report are:

  • Thorough research into the drivers, trends, and restraints shaping the growth of the market;
  • 360-degree analysis of the market segments and their influence on the overall market outlook;
  • Meticulous study of the competitive landscape of the market through profiling of key players, their strategies, and other industry developments; and
  • Comprehensive evaluation of the regional dynamics of the market.

Optimistic Projections for Electric Vehicles to Aid Market Growth

One of the top emerging Adhesives & Sealants Market trends is the encouraging outlook for electric vehicles for the next couple of decades. According to the International Energy Agency (IEA), in 2017, over 3 million hybrid cars were running on roads across the globe. Moreover, the IEA’s New Policies Scenario projects that the number of electric cars on the road could reach 220 million by 2030. Adhesives and sealants are expected to play a crucial role in the manufacturing of electric vehicles as they make possible the bonding of dissimilar materials. Adhesives are already widely applied in automotive manufacturers such as for thermal conductivity and management and corrosion protection. The emergence of electric vehicles would open a new avenue for these materials.

Ask for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/adhesives-and-sealants-market-101715

Rapid Industrial Development to Drive the Market in Asia-Pacific

Asia-Pacific is foreseen to lead the Adhesives & Sealants Market share owing to the speedy development of industries in the region. In addition to that, the rapid expansion of the middle class in India and China is generating tremendous demand for building and construction activities, which is auguring well for the market in the region.

North America boasted of the market size of USD 11.32 billion in 2018 and will remain a key region in this market during the forecast period. The primary factor driving the market here is the growing preference among consumers for flexible packaging solutions. In Europe, strong environmental regulations are firing up the demand for green adhesives and boosting the market in the region.

Introduction of Innovative Offerings to Make Competition Fierce

The adhesives and sealants market forecast predict a period of fierce competition in the market as companies develop and launch interesting solutions. “These measures are aiding players to diversify their portfolio and entrench their position in the market”, says one of our lead analysts.

Browse More Trending Topics from Fortune Business Insights™ :

Agricultural Films Market Size to Reach USD 14.31 Billion by 2026; Growing Demand for Food to Spur Market Opportunities, states Fortune Business Insights™

Protective Clothing Market Size Worth USD 34.31 Billion by 2027; Rising Government Norms to Ensure Workplace Safety will Aid Growth Worldwide, Fortune Business Insights™

Building Thermal Insulation Market Size to Reach USD 40.21 Billion by 2026; Owing to Increasing Construction Activities Worldwide, Fortune Business Insights™

Hand Sanitizer Market Size to Hit USD 1.96 Billion by 2026; Steadily Rising Awareness About Hygiene and Sanitation to Propel Industry Growth, Says Fortune Business Insights™

Automotive Composites Market Size to Touch USD 13.5 Billion by 2026; Increase in Demand for Lightweight Automobile to Boost Market Growth, Says Fortune Business Insights™

Categories
News Press Release

Coronavirus Outbreak: Industrial Filtration Market Fights Back with Well-defined Business Strategies

The Industrial Filtration Market size is anticipated to reach USD 48.52 Billion by 2026 on account of the rapid urbanization and the increasing need for clean energy and pure water. A recent report Fortune Business Insights™ titled, “Industrial Filtration Market Size, Share & Industry Analysis, By Type (Air & Gas Filtration, and Liquid Filtration), By Filter Media (Activated Carbon, Fiberglass, Nonwovens, Metals, Filterpaper, and Combination Filters & Others), By Application (Food & Beverage, Power Generation, Semiconductors & Electronics, Chemicals & Petrochemicals, Healthcare, Metals & Mining, Paper & Paints, and Others), and Regional Forecast, 2019-2026,” offers a 360-degree overview of the market. According to this report, the market value was USD 34.79 Billion in 2018 and rise at a CAGR of 4.3% between 2019 and 2026.

COVID-19 Impact Analysis:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

To get the short-term and long-term impact of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/industrial-filtration-market-101206

What is the Scope of the Report?

The report offers a qualitative and quantitative analysis of the market and provides a 360-degree overview of the same. It highlights major factors that drive, restrict, creates opportunities and challenges the market. The report also throws light on the table of market segmentation based on factors such as type, media, application, and geography with the list of names of leading segments, their base and forecast figure with CAGR. Additionally, the report lists the names of market manufacturers and the key strategies adopted by them to gain a competitive edge in the market. To conclude, the report discusses significant industry developments, current industrial filtration market trends, and other interesting insights useful for market investors in the future.

Market Drivers: Industrial Filtration Market

Increasing Need for Energy to Drive the Market

The increasing demand for a clean source of energy is the major factor boosting the industrial filtration market growth. This, coupled with the rising urbanization, increasing industrialization, and increasing need for environmental protection is also expected to aid in the expansion of the market during the forecast period. Furthermore, increasing healthcare, medical, and pharmaceutical industries will also add impetus to the market.

However, the high utilization of energy during an industrial filtration process may pose major challenges to the market. Nevertheless, the rising popularity of personal fitness has led to increasing demand for healthy food and beverage products. The expansion of the food and beverage industry is expected to create lucrative growth opportunities for the market in the future.

Regional Segmentation: Industrial Filtration Market

North America to Continue Dominance Owing to Increasing Demand from Power Generation Industries

In 2018, North America earned $16.28 billion on account of the massive investments by industries all over the region to suffice to the restrictions imposed by agencies such as WHO and EPA. Additionally, flourishing healthcare and power generation industries also helped North America earn the dominant industrial filtration market share and expected to continue so in the forecast period. On the other side, the Asia Pacific market will attract significant share owing to the presence of the electronic industry hub. Europe market, on the other hand, will witness remarkable growth owing to the increasing number of food & beverage and pharmaceutical industries in the region. Furthermore, Latin America and the Middle East and Africa region is in its nascent stage and will rise with the presence of unexplored market opportunities and increasing industrialization.

Quick Buy – Industrial Filtration Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/101206

Competitive Landscape: Industrial Filtration Market

Presence of Diverse Portfolio Helping Major Companies to Hold a Share of Over 50%

 The global industrial filtration market is semi-consolidated with the top 10 companies holding an estimate of 50% and more shares in the market. This is owing to the geographical expansion of the companies and diverse portfolio. Major players have invested heavy amount into research and development of multiple industrial filtration systems for their growth. Other players are engaging in joint ventures, agreements, and contracts, mergers and acquisitions and other strategies to attract high market revenue in the forthcoming years.

List of Key Players of Industrial Filtration Market include:

  • Hollingsworth & Vose Company
  • 3M
  • American Air Filter Company, Inc.
  • Dorstener Wire Tech
  • Ahlstrom-Munjskö
  • Graver Technologies
  • Lydall, Inc.
  • Markel Corporation
  • Filtration Group
  • Parker Hannifin Corp.
  • Mann + Hummel
  • Freudenberg Filtration Technologies SE & Co. KG
  • Aqseptance Group
  • Mott Corporation
  • Pall Corporation
  • Donaldson Company, Inc.
  • Alfa Laval Inc.
  • Universal Filtration
  • Other Vendors

Significant Industry Developments of the Industrial Filtration Market include:

  • August 2019 – Hardy Filtration was acquired by Mann + Hummel for expanding their businesses worldwide and earn large revenue. Both companies are also aiming at increasing the production capacity of their subsidy Tri-Dem Filter Corporation.

January 2020 – Tanajib and Pall Corporation announced the formation of Pall Arabia, their collaborative effort to provide filtration services and products to the petroleum, and oil & gas industries in the GCC region.

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/industrial-filtration-market-101206


More Trending Topics from Fortune Business Insights: 

Surface Disinfectant Market Size to Reach USD 1,547.7 Million by 2027; COVID-19 Pandemic to Surge Demand, says Fortune Business Insights™

Plastic Waste Management Market Size to Hit USD 41.58 Billion by 2027; Growing Demand for Efficient Treatment of Solid Waste Worldwide to Feed Market Expansion, Says Fortune Business Insights™

Asphalt Market Size to Reach USD 321.5 Million by 2027; Rising Development of Unique Solutions by Manufacturers to Aid Growth, Says Fortune Business Insights™

Water Purifier Market Size to Reach USD 45.00 Billion by 2027; Unveiling of Smart Purifiers to Brighten Sales Possibilities, states Fortune Business Insights™

Pharmaceutical Packaging Market to Hit USD 142.59 Bn by 2027; Rising Demand for Efficient Packaging of Drugs by Healthcare Facilities to Boost Market Growth: Fortune Business Insights™