April 10, 2024
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US Polyurethane Wheels Market Overview
The US polyurethane wheels market is a vital segment within the broader realm of industrial components. These wheels play a crucial role in various applications, providing durability, versatility, and performance across different industries. Here's an overview of the US polyurethane wheels market:
Market Size and Growth:
The Polyurethane Wheels Market industry is projected to grow from USD 283.9 Million in 2023 to USD 382.3 Million by 2030, exhibiting a compound annual growth rate (CAGR) of 4.3% during the forecast period (2023 - 2030).
The market for polyurethane wheels in the US has witnessed steady growth over the years, driven by factors such as industrial expansion, infrastructure development, and the increasing demand for material handling equipment. The versatility and durability of polyurethane wheels make them indispensable in a wide range of applications, contributing to market growth.
Overall, the US polyurethane wheels market is poised for continued growth, driven by industrial expansion, replacement demand, and innovation. Adapting to evolving customer needs, technological advancements, and regulatory requirements will be essential for stakeholders to sustain competitiveness and capitalize on emerging opportunities in the market.
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US Polyurethane Wheels Key Market Players
US Polyurethane Wheels Market Key Companies in the include
Trew Industrial Wheels
Superior Tire & Rubber Corp
RWM Casters
Albion Casters
Uremet
Exotic Automation & Supply
Maclan Corporation
American Vulko Tread Corporation
Thombert
Sunray Inc
Molded Dimensions Group
Stellana
Millennium Tire
Key Drivers:
Material Handling Equipment: The growing demand for material handling equipment in industries such as logistics, manufacturing, and warehousing drives the demand for polyurethane wheels. These wheels are preferred for their ability to withstand heavy loads, resist wear and tear, and provide smooth operation.
Replacement Demand: The need for wheel replacements in existing equipment and machinery due to wear and damage sustains demand in the market. Polyurethane wheels are often chosen as replacements for their longevity and performance benefits.
Customization and Innovation: Manufacturers are focusing on offering customized solutions and innovative designs to meet specific customer requirements, driving market growth and differentiation.
Market Segmentation:
In the US polyurethane wheels market, there are two main types of polyurethane wheels: PPG polyurethane wheels and PTMEG polyurethane wheels. PPG polyurethane wheels are known for their high resilience, abrasion resistance, and load-bearing capacity, making them suitable for heavy-duty industrial applications. PTMEG polyurethane wheels, on the other hand, offer excellent flexibility and shock absorption, making them ideal for applications where a smoother ride is required, such as medical equipment and supermarket carts.
Speaking of applications, polyurethane wheels find extensive use across various sectors in the US. In the medical field, they are utilized in hospital beds, patient transport equipment, and medical carts, where hygiene, smooth operation, and durability are essential. Supermarkets rely on polyurethane wheels for their shopping carts and material handling equipment, benefiting from their quiet operation and resistance to wear and tear. I
n industrial settings, polyurethane wheels are indispensable for transporting heavy loads, machinery, and equipment, ensuring smooth movement and minimal downtime. Additionally, polyurethane wheels cater to various other applications across different industries, reflecting their versatility and widespread usage in the US market.
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April 10, 2024
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Hydraulic Cylinder Market Overview:
The hydraulic cylinder market is a vital segment within the broader realm of hydraulic systems. These cylinders play a crucial role in converting hydraulic energy into mechanical force and motion, serving various industrial and mobile applications.
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Market Size and Growth:
The Hydraulic Cylinder Market industry is projected to grow from USD 15.5 Billion in 2023 to USD 23.35 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2023 - 2032).
The market for hydraulic cylinders has seen steady growth over the years, driven by the increasing demand from industries such as construction, agriculture, automotive, aerospace, and mining. Factors such as infrastructure development, industrial automation, and the expansion of manufacturing activities contribute to market expansion.
Market Key Players:
Hydraulic Cylinder Market Key companies in the include
Parker-Hannifin Corporation (US)
Caterpillar (US)
KYB Corporation (Japan)
Bosch Rexroth (Germany)
Eaton (Ireland)
Enerpac Tool Group (US)
SMC Corporation (Japan)
HYDAC (Germany)
Wipro Enterprises (India)
The Jiangsu Hengli Hydraulic Co., Ltd. (China)
Key Drivers:
- Industrial Growth: The growth of manufacturing and construction activities worldwide fuels the demand for hydraulic cylinders, particularly in heavy machinery and equipment.
- Efficiency and Performance: Hydraulic systems offer high power density, precise control, and reliability, making them preferable in various applications over other mechanical systems.
- Technological Advancements: Innovations such as electro-hydraulic cylinders and smart cylinders equipped with sensors and IoT capabilities enhance performance, efficiency, and predictive maintenance, driving market growth.
Market Segmentation:
In terms of function, the hydraulic cylinder market encompasses both single-acting and double-acting cylinders. Single-acting cylinders exert force in one direction, relying on an external force or spring for the return stroke, while double-acting cylinders apply force in both directions, utilizing hydraulic fluid for both extension and retraction.
Regarding specifications, the market offers a variety of cylinder types, including welded, tie rod, telescopic, and mill-type cylinders. Welded cylinders feature a welded construction for robustness and durability, while tie rod cylinders utilize tie rods to hold the cylinder barrel and end caps together. Telescopic cylinders consist of multiple nested stages for extended stroke lengths, and mill-type cylinders are specifically designed for heavy-duty applications requiring high pressure and durability.
In terms of applications, hydraulic cylinders find extensive use in both industrial and mobile settings. Industrial applications include machinery and equipment in sectors such as construction, aerospace, material handling, agriculture, mining, automotive, marine, oil & gas, and various others. Mobile applications involve hydraulic systems in vehicles and equipment for tasks such as lifting, pushing, pulling, and tilting.
The market also varies based on bore sizes, with cylinders available in three main categories: less than 50 mm, 50-150 mm, and greater than 150 mm. Different bore sizes cater to various force and space requirements across industries and applications.
Geographically, the hydraulic cylinder market exhibits diverse regional outlooks. In North America, the United States and Canada are significant contributors to market growth. Europe, with key players like Germany, France, the UK, Italy, and Spain, holds a prominent position in the global market. Asia-Pacific, led by China, Japan, India, Australia, and South Korea, experiences robust growth due to rapid industrialization and infrastructure development. The rest of the world, including regions like the Middle East, Africa, and Latin America, also presents opportunities for market expansion and diversification. Understanding regional dynamics and catering to specific market needs are crucial for stakeholders aiming to capitalize on the hydraulic cylinder market's growth potential.
Regional Analysis:
The market's geographical landscape encompasses regions like North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific holds a significant share attributed to the region's rapid industrialization, especially in countries like China and India. North America and Europe also contribute significantly owing to established industrial sectors and technological advancements.
Challenges and Opportunities:
Environmental Concerns: Increasing emphasis on environmental sustainability and regulations regarding emissions pose challenges for hydraulic systems. However, advancements in eco-friendly hydraulic fluids and energy-efficient systems present opportunities for market players.
Overall, the hydraulic cylinder market is poised for continued growth driven by industrialization, technological advancements, and the expansion of end-user industries globally. Adapting to evolving customer needs, regulatory requirements, and technological trends will be critical for stakeholders to capitalize on emerging opportunities and maintain a competitive edge in the market.
Hydraulic Cylinder Industry Updates
June 2021:
In June 2021, SMC Corporation launched an enhanced version of its Compact Guide Cylinder product line, named the MGPK Series. This series boasts a more compact design, featuring a 28% reduction in volume and a 41% decrease in weight compared to its predecessors.
June 2021:
During June 2021, Jiangsu Hengli announced the successful conclusion of its 500T Heave Compensator Project. The project includes a primary hydraulic cylinder, three accumulators, and two nitrogen pressure vessels. This setup ensures minimal weight and robust strength, enhancing operational efficiency and performance, particularly in challenging oceanic conditions.
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April 10, 2024
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Crushing, Screening and Mineral Processing Equipment Market Overview
The Crushing, Screening, and Mineral Processing Equipment Market is a significant segment of the mining industry, playing a crucial role in extracting valuable minerals and processing them for various applications. Here's a breakdown of key aspects:
Crushing, Screening and Mineral Processing Equipment market industry is projected to rise from USD 20.6 Billion in 2023 to USD 31.7 Billion by the year 2032, exhibiting a compound yearly growth rate (CAGR) of 5.50% throughout the forecast period (2023 - 2032).
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Trends:
Automation and Digitalization: The industry is adopting advanced automation technologies for increased efficiency, reduced downtime, and improved safety.
Innovations in Material Handling: Developments in conveyor systems and material handling equipment contribute to smoother processing operations.
IoT Integration: The integration of the Internet of Things (IoT) allows real-time monitoring and optimization of equipment performance.
Crushing, Screening and Mineral Processing Equipment Key Market Players
Key Companies in the Crushing, Screening and Mineral Processing Equipment market include
Terex Corporation
Sandvik AB
Astec Industries, Inc.
Kleemann GMBH
Mccloskey International
Metso Corporation
Screen Machine Industries
Caterpillar Inc
Eagle Crusher
Rubble Master
Market Drivers:
Mining Industry Growth: The demand for minerals, metals, and aggregates drives the need for efficient and advanced processing equipment.
Urbanization and Infrastructure Development: The construction industry's growth, especially in developing regions, fuels the demand for construction materials, boosting the market for processing equipment.
Crushing, Screening and Mineral Processing Equipment Market Segmentation
The market for crushing, screening, and mineral processing equipment encompasses various types designed to facilitate efficient operations in the extraction and processing of minerals and aggregates.
These types include crushing and screening equipment, essential for breaking down raw materials, and mineral processing equipment for refining and separating valuable minerals.
Applications for such equipment span across construction and plant modification projects, mining operations, foundries and smelters, and other industrial processes requiring material processing capabilities.
In terms of mobility, crushing, screening, and mineral processing equipment offer options ranging from stationary setups ideal for fixed installations to portable and mobile configurations suited for on-the-go operations in diverse locations.
Geographically, the market extends across regions such as North America, Europe, Asia-Pacific, and the rest of the world, with each region contributing to the demand and adoption of these equipment types based on factors such as mineral reserves, infrastructure development, and industrialization levels. As industries continue to expand and modernize globally, the market for crushing, screening, and mineral processing equipment is expected to witness steady growth, driven by the ongoing demand for raw materials and the need for efficient material processing solutions.
Regional Market Analysis:
Asia-Pacific Dominance: The Asia-Pacific region, especially countries like China and India, often leads in terms of market share due to rapid industrialization and infrastructure development.
North America and Europe: These regions also play significant roles, with a focus on technological advancements and adherence to environmental standards.
Crushing, Screening and Mineral Processing Equipment Industry News
June 2023:
Terex Corporation has completed the acquisition of Powerscreen International, a company based in Northern Ireland renowned for manufacturing mobile crushing and screening equipment. Through this strategic move, Terex aims to enhance its product portfolio and extend its presence in the mobile crushing and screening market.
May 2023:
Weir Minerals has entered into a partnership with Epiroc to collaboratively develop and deliver a comprehensive range of integrated solutions tailored for the mining and construction sectors. This collaborative effort will leverage Weir Minerals' expertise in mineral processing equipment and Epiroc's proficiency in drilling and rock excavation equipment.
February 2021:
Hydroxycut unveiled its latest innovation, the CUT Energy, an enticing clean energy beverage. Specifically crafted for regular energy drink consumers, fitness enthusiasts, and individuals on weight loss journeys, this potent blend combines great taste with carefully formulated ingredients.
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April 10, 2024
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Market Research Future (MRFR) has published a cooked research report on the “Portable Water Purifier Market” that contains information from 2023 to 2032. The Portable Water Purifier Market is estimated to register a CAGR of 10.50% during the forecast period of 2023 to 2032 and projected to grow at USD 0.4560 billion by 2032.
MRFR recognizes the following companies as the key players in the Market —
Kent RO limited
GE Corporation
Best Water Technology
Whirlpool Corporation
Brita,
SteriPEN
General Ecology Inc.
Mechanical Equipment Co., Inc.
Blue Spring Corporation
SAFH20 UV
GRAYL, Inc
Vestergaard
Portable Aqua
Aquasana, Inc
Panasonic
Amway Corporation
HaloSource Inc.
Eureka Forbes Limited
Market Overview:
Portable Water Purifier industry size is projected to grow from USD 0.13 Billion in 2023 to USD 0.29 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.50% during the forecast period (2023 - 2032).
portable water purifier market was characterized by increasing demand for clean and safe drinking water solutions, particularly in regions with unreliable access to clean water sources and areas prone to natural disasters.
Challenges: Challenges in the market include competition, the need for effective marketing in various regions, and addressing the specific requirements of different consumer segments.
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Portable Water Purifier Market Segmentation:
The portable water purifier market showcases a diverse range of technologies catering to various needs. Gravity purifiers, UV purifiers, and RO (Reverse Osmosis) purifiers represent the primary technological solutions available. These technologies offer different mechanisms for purifying water, addressing different contaminants and conditions.
In terms of end-user outlook, the market targets both commercial and residential consumers. Commercial users include businesses, institutions, and organizations with high-volume water purification needs, while residential consumers seek portable solutions for home use.
Channels of distribution play a crucial role in reaching consumers effectively. Retail stores, direct sales channels, and online platforms serve as primary avenues for distributing portable water purifiers, offering convenience and accessibility to customers.
The market's regional outlook demonstrates global diversity, with significant markets in various regions. In North America, the United States and Canada lead the way, followed by a strong presence in Europe, including key countries like Germany, France, the UK, Italy, and Spain. The Asia-Pacific region, comprising China, Japan, India, South Korea, and Australia, represents another substantial market segment. Additionally, the rest of Asia-Pacific, along with regions like the Middle East, Africa, and Latin America, contribute to the global landscape, showcasing diverse market preferences and demands.
Market Drivers: The market has seen technological advancements, including the development of more efficient filtration methods, smaller and lighter devices, and improved battery life in electric purifiers.
Portable Water Purifier Market Regional Insights:
Regional insights into the portable water purifier market Share are provided across North America, Europe, Asia-Pacific, and the Rest of the World in this study. The projected growth of the portable water purifier market in North America stems from several key factors. Increased demand for portable water purifiers in the region correlates with the growing popularity of outdoor activities, camping, and recreational pursuits. In 2022, there was a notable 2.3 percent increase in the outdoor recreation participant base, reaching a historic high of 168.1 million participants, representing 55 percent of the U.S. population aged six and older. This trend is particularly significant given the strong performance of the outdoor recreation economy, which generated an impressive $1.1 trillion in economic output. The sector's value-added amounted to $564 billion, accounting for 2.2% of the nation's gross domestic product (GDP). The convenience of portable water purifiers is crucial for individuals engaging in outdoor adventures, addressing the necessity for safe water sources in remote environments.
Moreover, the primary countries examined in the market report include the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Portable Water Purifier Industry News
In October 2021, LG Electronics revealed its latest lineup of water purifiers and Charcoal Microwave Ovens in the Indian market. These new additions to LG's health and hygiene portfolio were strategically crafted to aid consumers in adopting healthier lifestyles, as emphasized by the company. The innovative water purifier series, featuring models such as WW184EPB, WW184EPC, and WW174NPC, became available with prices starting at Rs 28,290.
In September 2020, AO Smith India Water Products Pvt Ltd, a prominent player in water heating and treatment, introduced the 'ProPlanet' series, touted as India's first 5-star-rated water purifiers in terms of water savings, as per the company's press release. Equipped with reverse osmosis (RO) and Silver Charged Membrane Technology (SCMT), the ProPlanet water purifiers guarantee 100% RO-purified, baby-safe water through an advanced 8-stage purification process.
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April 10, 2024
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Vacuum Coating Machines Market overview
The vacuum coating machines market is expected to witness significant growth in the coming years, with a projected market size of approximately USD 36.9 Billion by 2030. The market is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2030.
Vacuum coating machines are used to apply thin layers of coatings onto various materials and surfaces through a vacuum process. These coatings enhance the properties of the substrates, such as hardness, durability, corrosion resistance, and optical properties, making them suitable for a wide range of applications in various industries. Global Vacuum Coating Machines Market is a significant segment within the coating and surface treatment industry.
The Global Vacuum Coating Machines Market has experienced steady growth in recent years, driven by factors such as technological advancements, increasing demand for high-performance coatings, and the expansion of end-use industries. The market encompasses various types of vacuum coating machines, including physical vapor deposition (PVD) machines, chemical vapor deposition (CVD) machines, and others.
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Vacuum Coating Machines Market Segmentation
The market for coating machines is characterized by several key aspects.
Firstly, the Product Type Outlook encompasses various types of coating machines including Vacuum Evaporation Coating Machine, Vacuum Sputtering Coating Machine, Chemical Vapor Deposition (CVD) Coating Machine, and others, offering a range of options to meet different coating requirements and processes.
Secondly, the Process Outlook distinguishes between different coating processes, primarily Physical Vapor Deposition (PVD) and Chemical Vapor Deposition (CVD), reflecting the two primary methods used in coating applications.
Thirdly, the Application Outlook identifies diverse industries that utilize coating machines, including automotive, electronics, packaging, optical, glass, and others, showcasing the wide-ranging applications of coating technologies across different sectors.
Lastly, the Region Outlook delves into the geographical distribution of the market, highlighting key regions such as North America, Europe, Asia-Pacific, and the Rest of the World, each with its unique market dynamics and demand drivers for coating machines.
Key Players
Prominent players in the vacuum coating machines market research include
Applied Materials Inc.
ULVAC Technologies Inc.
Buhler Leybold Optics
Optorun, Aixtron SE
Shincron Co. Ltd
Von Ardenne GmbH
IHI HAUZER B.V.
Hanil Vacuum Co. Ltd.
Denton Vacuum LLC.
Vacuum Coating Machines Market recent developments
Technological Advancements: The vacuum coating machines market has seen continuous advancements in technology, leading to improved efficiency, precision, and versatility. These advancements have enabled the deposition of thin films on various substrates for applications in electronics, optics, aerospace, and more.
Nanotechnology and Thin Films: The increasing demand for nanotechnology applications has driven the development of vacuum coating machines capable of producing precise and uniform thin films at the nanoscale. These thin films have applications in electronics, solar panels, medical devices, and more.
Green Coating Technologies: Environmental concerns and regulations have pushed the vacuum coating industry towards developing more environmentally friendly processes. This includes the adoption of greener materials, reduction of hazardous emissions, and energy-efficient designs for coating machines.
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April 9, 2024
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Automated Industrial Door Market Overview
The Automatic Barrier Doors And Industrial Safety Doors Market encompasses a broad spectrum of technologically advanced doors that are designed to open and close automatically in industrial and commercial settings. These doors play a pivotal role in enhancing efficiency, security, and safety within various industries, including manufacturing, warehousing, logistics, and more.
The automated industrial door market is anticipated to experience substantial growth over the forecast period, with its industry size projected to increase from USD 27.53 Billion in 2023 to reach USD 44.88 Billion by 2032. This growth trajectory signifies a compound annual growth rate (CAGR) of 6.30% during the forecast span of 2023 to 2032.
The driving factors behind this notable expansion include advancements in automation technology, the persistent need for efficient access solutions in industries, and an increasing emphasis on safety and security measures. As industries worldwide prioritize streamlined operations, enhanced security protocols, and energy-efficient practices, the demand for automated industrial doors is expected to escalate.
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Market Trends:
Ongoing technological advancements are driving the incorporation of smart features into these doors, including remote monitoring, data analytics, and integration with building management systems. Additionally, sustainable materials and energy-saving technologies are gaining prominence.
Global Demand:
The growing demand for streamlined operations, enhanced security, and improved safety standards across industries contributes to the global growth of the automated industrial door market.
Key Players
Key Companies in the automated industrial door market include
Assa Abloy AB (Sweden)
Hart Door Systems (U.K)
Gandhi Automations Pvt Ltd. (India)
AI-Barrack Industrial Group (Saudi Arabia)
Maviflex (France)
RTJ Automation & Maintenance Limited (U.K)
The Agta Record Group (Switzerland)
Gilgen Door Systems AG (Switzerland)
Novoferm GmbH (Germany)
CASIT S.N.C. di CC Ramella & C. (Italy)
Automated Industrial Door Market Segmentation
The Automated Industrial Door market is comprehensively analyzed across key parameters to provide a detailed perspective on its trajectory from 2018 to 2032.
The Industry Vertical Outlook categorizes the market based on its application in Factories & Manufacturing Units, Airports and Ports, and Commercial establishments, presenting the market size in USD Billion for each vertical.
The Design Type Outlook classifies automated industrial doors into Sectional Overhead Doors, Rapid Roll Fast Acting Doors, Folding Hangar Doors, and Others, offering insights into the diverse designs and functionalities available in the market, with corresponding market sizes in USD Billion.
Regionally, the market is analyzed across North America, Europe, Asia-Pacific, and the Rest of the World, providing a geographical breakdown of market dynamics over the forecast period.
This comprehensive analysis equips stakeholders with valuable insights into the Automated Industrial Door market, facilitating strategic decision-making and planning across different industry verticals, design types, and regions within the industrial door sector.
Automated Industrial Door Industry Developments
Here are some recent developments in the Automated Industrial Door industry:
May 2023:
Stanley Black & Decker Inc. announced a significant expansion of its manufacturing and logistical operations at its American location. This move underscores the company's commitment to meeting the growing demand for automated industrial doors, aligning with the expanding needs of the manufacturing and logistics sectors.
March 2023:
Rite-Hite Holding Corporation made a strategic acquisition by obtaining businesses specializing in loading dock and industrial doors. With locations in London and Windsor (Ontario), Canada, this acquisition enhances Rite-Hite's presence and capabilities in providing comprehensive solutions for efficient and secure access systems.
August 2020:
ASSA ABLOY, a key player in the industry, successfully completed the indirect acquisition of Agta Finance's 54 percent stake in Agta Record. This acquisition follows ASSA ABLOY's previous ownership of a 39 percent stake in the Swiss company. This move reinforces ASSA ABLOY's position as a significant player in the global automated industrial door market.
July 2018:
ASSA ABLOY expanded its presence by acquiring Door Systems, a notable distributor of various types of industrial doors, including sectional doors for homes, high-speed doors, and docking systems. Based in Chicago, this acquisition further strengthens ASSA ABLOY's product portfolio and market reach.
These developments highlight the dynamic nature of the automated industrial door industry, with key players strategically expanding their operations, acquiring businesses, and enhancing their capabilities to meet the evolving demands of industries such as manufacturing, logistics, and construction. These actions underscore the industry's commitment to innovation, growth, and providing advanced access solutions to meet the needs of diverse sectors.
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April 9, 2024
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Market Research Future (MRFR) has published a cooked research report on the “plastic waste management Market” that contains information from 2022 to 2030. The plastic waste management Market is estimated to register a CAGR of 4.50% during the forecast period of 2022 to 2030 and projected to grow at USD 43443.04 million by 2030.
MRFR recognizes the following companies as the key players in the Market — Waste Management Inc. (U.S.), Stericycle Inc. (U.S.), SUEZ Environnement Company (France), Waste Holdings, Inc. (U.S.), Remondis SE & Co. KG (Germany), Hawkvale Limited (UK), Hahn Plastics Limited (UK), Republic Services Inc. (U.S.), ADS Veolia Environnement S.A. (France), Covanta Holding Corporation (U.S.).
Plastic Waste Management Market Overview
The global plastic waste management market 2022, according to MRFR, is poised to grow at a CAGR of 4.50% during the forecast period and projected to reach at USD 43443.04 million by 2030.
A huge amount of plastic waste is produced throughout the world, of which household and industry waste such as automobile, packaging, electronics, construction and agriculture contribute the most. Advanced technologies and processes used to reprocess, sort, and collect recyclable plastics are generating new opportunities in line with public health, manufacturing, environmental, and preservation values. Aspects such as increasing urbanization, industrialization and rising awareness of the environmental hazards are driving the growth of the global market for plastic waste management. Most laws and regulations enforced by the governments serve as a significant driver of business development. Additionally, the market is driven by government initiatives to recycle plastic materials and growing concern about plastic waste disposal. Plastic is relatively cheap and durable, and recycled plastic is used to manufacture a wide variety of items such as carpets, garbage bags, clothes, films, bottles and containers. This plastic recycling cycle is enhanced to propel the demand for plastic waste management over the review period.
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Market Segmentation
Global market for the management of plastic waste is segmented by the service & equipment, product, source and end-user sector and area.
The market is segmented based on the service & equipment into collection, recycling, incineration and disposal. Recycling is expected to dominate the market for handling plastic waste during the study period.
The market is further segmented on the basis of polymer in low-density polyethylene (LDPE), polyvinyl chloride ( PVC), high-density polyethylene (HDPE), polypropylene ( PP), and others.
The market is segmented, depending on the source, into commercial , residential, and industrial.
The market is segmented into packaging, construction & construction, textiles & clothing, automobiles, and others, based on the end-use sector.
Regional Outlook
The global market for plastic waste management is largely segmented into four main areas, such as Europe , North America , Asia Pacific and the rest of the world.
Plastic Waste Management Industry Developments
July 2021:
In a collaborative effort to address the challenge of managing medical waste, UPS Healthcare and Stericycle formed a strategic alliance. This partnership aimed to handle the reverse logistics of various types of medical waste, including sharps, biohazardous, and pharmaceutical wastes. Under the agreement, UPS Healthcare and Stericycle would work together to treat, transport, and dispose of these specialized waste streams, ensuring safe and environmentally responsible management of medical waste.
June 2020:
Biffa plc, the leading sustainable waste management company in the UK, made a significant acquisition by purchasing Green Circle Polymers Ltd. (GCP) based in Grangemouth. The acquisition was valued at £10 million and included GCP, which stood as Scotland's sole post-consumer plastics recycling facility (PRF). By acquiring GCP, Biffa plc strengthened its presence in the recycling sector, enhancing its capability to process and manage post-consumer plastics waste. This move demonstrated Biffa's commitment to sustainable waste management and furthered their efforts to promote recycling and circular economy practices in the region.
Key Players
Some of the major players in the global plastic waste management market are
Waste Management Inc. (U.S.)
Stericycle Inc. (U.S.)
SUEZ Environnement Company (France)
Waste Holdings, Inc. (U.S.)
Remondis SE & Co. KG (Germany)
Hawkvale Limited (UK)
Hahn Plastics Limited (UK)
Republic Services Inc. (U.S.)
ADS Veolia Environnement S.A. (France)
Covanta Holding Corporation (U.S.)
Clean Harbors Inc. (U.S.)
Progressive Waste Solutions Ltd. (Canada)
PLASgran Ltd. (U.K.)
Luxus Limited (U.K.)
United Plastic Recycling, Inc. (U.S.)
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April 9, 2024
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Market Research Future (MRFR) has published a cooked research report on the “industrial dust collector market” that contains information from 2023 to 2030. The industrial dust collector market is estimated to register a CAGR of 5% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the Market- HE&M Inc.,Dust Collector KASTO, Cosen Saws, MetlSaw Sawing Solutions, DoAll Sawing Products, Behringer, Marvel, Amada, Hyd-Mech.
Industrial Dust Collector Market overview
The Industrial Dust Collector Market hold a CAGR of 5% with a significant value in the forecast period. Industries are introducing a new generation of industrial dust collectors with abrasive recycling filter systems. These innovative systems create incremental opportunities for manufacturers in the industrial dust collector market. End users are reaping the benefits of continuous product development in the market landscape. The technology of abrasive recycling filter systems benefits stakeholders in the sandblasting industry.
These innovative systems create incremental opportunities for manufacturers in the industrial dust collector market. End users are reaping the benefits of continuous product development in the market landscape. The technology of abrasive recycling filter systems benefits stakeholders in the sandblasting industry. The flexibility of systems plays an important role in the industrial dust collector landscape. Newly-introduced systems in the market are standalone equipment that integrates into any side of a blast cabinet or blast room. Increased industrial manufacturing and infrastructure development resulted in the growth of economic activity across the globe. Also, coal-capacity growth, especially in the Asia-Pacific region, is due to its reliability during peak power demand. The dust collectors help eradicate the contaminants for the hygienic environment, which is mandatory for the pharmaceutical industry. As a result, pharmaceuticals accounted for the largest share in 2016, owing to the need to maintain a high level of quality control in the industry premises. The adoption of dust collectors in the food industry is increasing due to consumers' growing health concerns. COVID 19 impact was severe for most markets, and the industrial dust collector was one of them. During the pandemic, industrial activities were halted due to the shutdown, and social distance impacted the market's revenue. However, the drivers and the key players of the market helped the market overcome the loss.
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Market segmentation
The report is segmented into five dynamics;
By Component: Blower, Dust Filter, Filter Cleaning, and others.
By Bag Type: Woven, Non-Woven, Pleated Bags, and others.
By Media Type: Woven and Non-Woven.
By End-User: Pharmaceutical, Chemical, Power, Food & Beverage, Textile, Construction, and other industries.
By Regions: Europe, North America, APAC, and Rest-of-the-World.
Major Players:
global industrial dust collector market Players leading the include
HE&M Inc.
Dust Collector KASTO
Cosen Saws
MetlSaw Sawing Solutions
DoAll Sawing Products
Behringer
Marvel
Amada
Hyd-Mech
Regional analysis
The Industrial Dust Collector Market is studied in Asia Pacific, North America, Europe, and other parts of the world based on geography. North America is expected to hold the largest market share due to the preventive measures by the government regarding emission control. The region's government is adopting clean air and various technologies that will limit the dust emission in the region. Various organizations in Europe are developing newer technologies that will reduce emissions, and hence the market will gain growth. The Asia Pacific will experience a high market share in the forecast period due to rapid industrialization and a growing economy in the region. The shift toward sustainable practices will also gather numerous growth rates in the future. In India, the manufacturing sector will grow due to the infrastructure projects that will lead to the transportation and industrial fuel sector and boost the Industrial Dust Collector Market.
Industry news
Government agencies such as the American Conference of Industrial Hygienists (ACGIH) and OSHA have developed threshold limit values (TLV) or permissible exposure levels (PEL) for a wide range of materials. These values set a safe level at which employees can be exposed to specific material over a given amount of time and are usually reported in parts per million (ppm) or mg/m3.
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Food Service Equipment Market Overview
Moreover, increasing application areas of foodservice equipment across the food & beverage industry escalate the market growth to furthered height. In its foodservice equipment report, Market Research Future (MRFR) asserts that the Food service equipment market Size is expected to reach 32,014.0 million in 2022 to USD 45,046.9 million by 2030. MRFR, in its recent COVID 19 analysis on the global food service equipment market, also states that the market would register approximately 5.0% CAGR during the period (2022 -2030).
Food service equipment refers to a diverse range of appliances, machinery, and tools used in commercial food establishments to prepare, cook, serve, and store food. These equipments are essential for ensuring the smooth operation and efficiency of restaurants, hotels, cafeterias, catering businesses, and other foodservice establishments.
The global food service equipment market is registering an impressive growth rate year by year. Commercial food service equipment play a vital role in preparing and serving a variety of food items. Hence, they are extensively used for food handling and processing applications in quick service/full-service restaurants, catering businesses, hotels, and clubs. The burgeoning hospitality industry and the rising number of hotels and restaurants worldwide predominantly drive the market growth.
Besides, the rapidly growing food industry, including bakery & confectionaries, fosters the growth of the market. Increasing demand for energy-efficient products from quick-service restaurants and the quadrupling chain restaurants provide impetus to the market growth. Augmented uptake and demand for foodservice equipments worldwide encourage food service equipment manufacturers to bring more novelty in quality products.
Substantial R&D investments in product developments are one of the key food service industry trends. In turn, this pays off well by increasing sales and uptake of the product and hence the food service equipment market size. Conversely, high capital investment and the various counterfeited, low-cost products floating in the market are the major factors projected to impede the market growth. Nevertheless, the foodservice industry has responded well to the coronavirus crisis with innovative solutions, which would support the market growth in the future.
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Major Players:
food service equipment market Players leading the include
Duke Manufacturing Co. Inc. (US)
Meiko (Germany)
Tupperware Hobart Corporation (US)
Manitowoc Company Inc. (US)
Ali Group SpA (Italy)
Hoshizaki Electric Co., Ltd (Japan)
Dover Corporation (US)
Fujimak Corporation (Japan)
Electrolux AB (Sweden)
Brands Corporation (US)
Food Service Equipment Market - Segments
The report is segmented into three dynamics;
By Product: Cooking Equipment, Storage & Handling Equipment, and others.
By Application: Full-Service Restaurants, Quick Service Restaurants, Caterers, Hotels & Clubs, and others.
By Regions: Europe, North America, APAC, and Rest-of-the-World.
Global Food Service Equipment Market - Regional Analysis
North America dominates the global food service equipment market. The largest food service equipment market share attributes to the wide adoption of technologically advanced products. Besides, the high penetration of application areas such as full-service restaurants, quick-service restaurants, caterers, hotels & clubs, and others in the region drives the commercial food service equipment market. Also, the presence of several notable industry players in the region positively impacts the growth of the market.
Moreover, factors such as the well-developed economy and the high per capita disposable income of demographics substantiate the regional market growth. The US foodservice equipment market & Canada markets provide an enormous impetus to the regional market growth. The North American foodservice equipment market is expected to retain its dominance throughout the assessment period.
The Asia Pacific region stands second in the global food service equipment market. The region, with its raw material advantage and cost-competitive workforce, attracts foreign investors. This, as a result, fosters the growth of the regional market, increasing the numbers of production plants in the region. Additionally, the booming tourism industry and rapid economic growth in the region propel the food service equipment market size.
Increasing the adoption of foodservice equipment in the booming restaurant businesses in the region is another key factor driving the regional market. APAC countries like India and China account for larger shares in the regional market, witnessing exponential growth. The APAC food service equipment market is projected to create a substantial revenue pocket during the forecast period.
Europe too holds a sizable share in the global food service equipment market. Factors such as the augmented demand from the growing number of restaurants and rising exports of foodservice equipment, mainly in France & Italy, boost the regional market growth. Germany, Italy, and France are key markets for food service equipment, expanding the regional market growth. The European foodservice equipment market is expected to increase at a steady growth rate during the review period.
Industry/ Innovation/ Related News:
August 19, 2020 ---- Ynot Italian, a leading provider of foodservice equipment & supplies, announced that it had been named the winner of the FE&S 2020 Kitchen Storage Makeover Contest. As the winner of the FE&S contest, the kitchen storage areas at one Ynot Italian location would receive a makeover that FE&S would profile in an upcoming issue.
April 16, 2020 ---- Standex International Corporation (the US), a leading global manufacturer in five broad business segments, including food service equipment, announced the completion of the sale of Refrigerated Solutions Group to Ten Oaks Group (the US), a small consortium of private equity investors.
The completion is an essential step toward further simplifying the portfolio in line with the company’s long-term strategy of focusing on other businesses with attractive growth and strong end market and customer value propositions.
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Market Research Future (MRFR) has published a Cooked research report on the “water purifiers market” that contains information from 2023 to 2030. The water purifiers market size is estimated to register a CAGR of 58% during the forecast period of 2023 to 2030 and projected to grow at USD 175.54 billion by 2030.
MRFR recognizes the following companies as the key players in the Market — Unilever, O. Smith, EcoWater Systems LLC, Coway Co., Ltd., Panasonic Corporation, Livpure Pvt. Ltd., KENT RO Systems Ltd.
Water Purifiers Market Overview
Market Research Future (MRFR) confirms that the global water purifiers market is estimated to demonstrate a voluminous growth worth USD 175.54 billion by 2030, registering a striking 17. 58% CAGR during the assessment period ((2023 - 2030).
Growing usages of diverse product portfolios and the vast range of benefits of water purifiers have considerably contributed to the demand in the market.
The global water purifiers market is demonstrating notably positive growth. The increasing population is driving the demand for clean water. Increased urbanization increases usage of water purifiers, demanding clean and safe drinking water. The demand for drinking water has been increasing tremendously owing to the pharmaceuticals and cosmetics industry.
Due to advancing technology, the global water purifiers market is expected to observe significant growth in the next few years. On the other hand, factors such as the price instability of the raw materials may restrict the growth of the global water purifiers market. Nevertheless, the increasing usages of water purifiers in hospitals and the hospitality industry would support the market growth throughout the review period.
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Water Purifiers Market Segmentation
The study report is segmented into products, end-users, and regions.
The product segment is sub-segmented into UV water purifiers, RO water purifiers, activated carbon filters, and others.
The end-user segment is sub-segmented into residential and commercial.
The Region segment is sub segmented into North America, Europe, Asia-Pacific, Rest of world.
Market Drivers:
Urbanization and Population Growth: Rapid urbanization and population growth have strained existing water supply and treatment infrastructure, leading to a greater need for individual water purification solutions in urban areas.
Health Awareness and Consumer Education: Growing awareness among consumers about the importance of clean and safe drinking water for maintaining good health has fueled the adoption of water purifiers in households and commercial establishments.
Technological Advancements: Advances in water purification technologies have resulted in more efficient and cost-effective water purifiers. Innovations such as reverse osmosis, ultraviolet (UV) purification, and activated carbon filters have improved the effectiveness of water purification systems.
Key Players:
Some of the global water purifiers market leaders are
Unilever
O. Smith
EcoWater Systems LLC
Coway Co., Ltd.
Panasonic Corporation
Livpure Pvt. Ltd.
KENT RO Systems Ltd
Industry/ Innovation/ Related News:
Sep. 10, 2021 – Havells, consumer durables major, announced its plan to acquire Eureka Forbes, eyeing a bigger play in the water purifier business in India. The buyout would help Havells gain a hefty boost in its negligible market share in the water purifier business. Currently, Forbes & Co., a subsidiary of the listed entity, has initiated the process of demerging Eureka Forbes, seeking approval from the National Company Law Tribunal.
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