Positive Displacement Pumps Industry Data Book Covers Rotary Pumps and Reciprocating Pumps Markets. The economic value generated by the positive displacement pump industry was estimated at approximately USD 18.35 billion in 2022. The demand from various industries such as oil & gas, chemicals, pharmaceuticals, and water treatment is driving this market’s growth. Access the Global Positive Displacement Pumps Industry Data Book from 2023 to 2030, compiled with details by Grand View Research Rotary Pump Market Growth & Trends The global rotary pumps market size was valued USD 10.42 billion in 2022, registering a CAGR of 4.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising demand for fluid handling across diverse industries like oil & gas, chemicals, and wastewater treatment has emerged as the primary driving force behind the market growth. Rotary pumps are gaining prominence due to their versatility in managing a wide range of fluids with varying viscosities, making them a preferred choice. The market is significantly shaped by the expansion of end-use industries, such as oil & gas, food processing, and chemical processing industries. In addition, for oil & gas and food processing industries, it is essential to control the process variables, such as discharge rate & pressure of the fluid. This kind of process control can be easily done with the help of rotary pumps, as they are known for their reliability, versatility, and ability to handle a wide range of fluids. In the oil & gas industry, the American Petroleum Institute (API) has set up standards for various equipment for their use in different industries, including pumps. API Standard 676 covers standards and guidelines for positive displacement rotary pumps. Furthermore, the Hydraulic Institute provides standards related to rotary pumps in the pump industry. It covers standards regarding pump design, testing, installation, and operation. The market is highly competitive, with a majority of players continuously increasing their R&D expenditure. Key players also undertake other strategies including production expansion, mergers & acquisitions, and new product launches. A few established players benefited from a higher scale of production in terms of cost advantage. Manufacturers have been exploring opportunities to develop IoT-based digitalized pumps to control flow rates efficiently. They are designing new energy-efficient products to meet the growing demand for carbon-efficient products. Mature market players are using variable speed drives (VSDs) to further penetrate the market. Order your copy of Free Sample of “Positive Displacement Pumps Industry Data Book - Rotary Pumps and Reciprocating Pumps Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Reciprocating Pump Market Growth & Trends The global reciprocating pumps market size was valued USD 7.93 billion in 2022, exhibiting a CAGR of 5.0% from 2023 - 2030, according to a new report by Grand View Research, Inc. The expansion of industries such as manufacturing, chemicals, and wastewater treatment is fueling the growth of the reciprocating pumps industry. These pumps play an important role in generating high-pressure fluid. These highly pressurized fluids are then further utilized in hydraulic systems and manufacturing operations. Reciprocating pumps are categorized as positive displacement pumps capable of displacing a consistent volume of fluid at elevated pressures. The reciprocating pumps rely on back-and-forth motion of a piston, plunger, or diaphragm to substantially elevate fluid pressure, facilitating the transfer of fluids from one location to another. In the oil and gas industry, the American Petroleum Institute (API) has set up the standards for various equipment being used, including pumps. API Standard 674 covers standards and guidelines for the positive displacement reciprocating pumps. Furthermore, the Hydraulic Institute, the global authority on pumps and pumping systems, has been providing guidelines & standards regarding the pumps. The ANSI/HI 6.1-6.5 standards cover various aspects of reciprocating power pumps, including their design, operation, and testing. The market is characterized by intense competition, with most companies continuously increasing their investments in research and development. Moreover, key players follow strategies such as facility expansion, mergers, acquisitions, and introduction of new products in the market. The future market is being shaped by changing demands in end-use industries, such as a growing emphasis on energy efficiency and sustainability. Leading market participants are designing pumps that are more energy-efficient and have a lower carbon footprint. These innovative pumps are equipped with variable frequency drives (VFDs) to enhance pump speed and flow control capabilities. Go through the table of content of Positive Displacement Pumps Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape Key players operating in the Positive Displacement Pumps Industry are – • Ingersoll Rand SPX Flow • Alfa Laval • Viking Pump, Inc. • Grundfos • Schlumberger Limited • KSB Group • Sulzer Ltd Global positive displacement pump sector database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.
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Interior Construction Materials Industry | Exploring The Vast World From Floors To Ceilings1/26/2024 Global interior construction materials sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
The economic value generated by the interior construction materials industry was estimated at approximately USD 578.06 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of interior construction materials, distribution & supply, and application of interior construction materials. Ceiling Tiles Market Growth & Trends The global ceiling tiles market size was valued USD 6.82 billion in 2022, registering a CAGR of 9.4% over the forecast period. Ceiling tiles are used in a variety of residential and non-residential applications. The non-residential application of ceiling tiles dominated the application segment due to its high adoption in institutional buildings, office complexes, and healthcare facilities worldwide. The market growth is attributed to the rising usage of sustainable, eco-friendly, and innovative building material solutions owing to a rise in disposable incomes and changing consumer behavior towards the aesthetics of home and office buildings. U.S. has dominated the ceiling tiles market and accounted for a revenue share of 28.1% in 2022, followed by China, Germany, and the UK. The market for ceiling tiles in the U.S. is driven by changing consumer behavior towards the adoption of sustainable building solutions coupled with rising demand for soundproof and decorative interior construction materials in non-residential applications. Insulation Market Analysis And Forecast The global ceiling tiles market size was valued USD 61.36 billion in 2022, registering a CAGR of 6.6% over the forecast periodRising consumer awareness about energy conservation is likely to remain a crucial driving factor for the global insulation market. Favorable regulations in the majority of regions are also expected to have a positive impact on market growth. Additionally, increased infrastructure spending in the emerging markets of Asia Pacific and Latin America is expected to propel the insulation market's growth. The high rate of industrialization, along with rapid urbanization in the emerging markets of China and India, as well as Japan, Malaysia, Thailand, and Indonesia, have driven the need for better infrastructure. Increasing construction spending to improve residential, public, and industrial infrastructure in the region, coupled with the increasing adoption of energy conservation initiatives, is expected to drive the demand for insulation over the forecast period. Flooring Market Growth & Trends The global ceiling tiles market size was valued USD 266.47 billion in 2022, registering a CAGR of 5.2% over the forecast periodThe flooring market is growing at a significant rate owing to a rise in infrastructural and residential development as a result of the growing population across the globe. In addition, rising disposable incomes have increased investment in comfortable residential buildings, resulting in the use of high-end building materials in construction. These factors are expected to increase the demand for flooring over the coming years. China has dominated the flooring market and accounted for a revenue share of 16.5% in 2022, followed by the U.S. and India. The market growth in the major countries is attributed to the increasing investment in affordable housing, smart city construction, upgradation, and construction of infrastructure. Order your copy of Free Sample of “Interior Construction Materials Industry Data Book - Interior Construction Materials, Flooring, Insulation, Ceiling Tiles, Windows and Doors Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Windows and Doors Market Analysis And Forecast The global windows and doors market size was valued USD 243.40 billion in 2022, registering a CAGR of 9.4% over the forecast period. The windows and doors market is expected to grow at a faster pace over the coming years. This is due to the rising construction and renovation activities across the globe. In addition, growing disposable incomes, a rising population, increasing remodeling activities, and government initiatives for the construction of affordable housing solutions are expected to fuel the growth of the windows and doors market in the coming years. China has led the windows and doors market and it is expected to expand at a significant CAGR over the coming years. Factors such as the rising population, rapid urbanization, commercialization, and growing investments in the construction of houses with smart windows and doors technology are expected to boost the growth of the market in the country. Competitive Landscape Key players operating in the Interior Construction Materials Industry are – • Mohawk Industries, Inc. • GAF Materials Corporation • AWI Licensing LLC • Tarkett, S.A. • ROCKWOOL International A/S • Burke Flooring Products, Inc. • Pella Corporation • Huntsman International LLC • SAS International • Milgard Manufacturing, LLC • DuPont • Saint-Gobain Gyproc • Shaw Industries, Inc. • Kömmerling • Owens Corning • Knauf Digital GmbH • Ply Gem Residential Solutions • Forbo Flooring • HIL Limited • BASF Polyurethanes GmbH Global long steel products sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book.
Steel is a vital industry for global economic growth and long steel products play a crucial role in the development of infrastructure across the globe. It is a key raw material used in producing long products for building & construction and various manufacturing activities. As per the World Steel Association, the total value contribution by the steel industry is USD 2.9 trillion, which is equivalent to 3.8% of global GDP. Steel Rebar Market Growth & Trends The global steel rebar market size was valued USD 258.44 billion in 2022, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.9% from 2023 to 2030. The construction segment dominated the steel rebar market, with applications such as construction, infrastructure, and industrial purposes. Asia Pacific accounted for more than half of global steel rebar demand, owing to the easy availability of raw materials and investments in construction activities. China ranked among the top producers and consumers of steel rebar globally. India follows suit after China, as the second largest consumer of steel rebar. The demand in these countries is primarily driven by investments in construction and infrastructure through government-aided policies to boost development in the region. Wire Rod Market Growth & Trends The global wire rod market size was valued USD 186.00 billion in 2022, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2023 to 2030. Wire rods are manufactured by drawing hot metals through shafts to develop wires with reduced diameters. Wire rods represent the most ductile form of long steel products owing to their high ductility and easy availability in different diameters. They are widely used in construction and fencing applications. Increasing investments in infrastructure development projects and flourishing construction and automotive industries worldwide fuel the global consumption of wire rods. The demand for wire rods is closely linked to the construction sector, which tends to be cyclical and can be affected by factors such as interest rates, government policies, and economic growth. Growing infrastructure investments in the North American region are anticipated to benefit the growth of the market. For instance, under the Infrastructure Development Act passed by the U.S. government, the authorities are estimating that California is likely to receive USD 14.00 billion for rebuilding infrastructures, including water supply, bridges, roads, and communication. Similar investments were announced for other states in the U.S. Steel Sections Market Growth & Trends The global steel sections market size was valued USD 123.10 billion in 2022, registering a CAGR of 4.5%, according to a new report by Grand View Research, Inc. Steel sections are commonly used in the construction industry, they also have a significant role in the automotive industry. The demand for steel sections in the automotive industry is growing due to several factors, including safety requirements, lightweight, cost-effectiveness, design flexibility, durability, and corrosion resistance. The non-residential construction segment held the largest revenue share of over 54.0% of the global market in 2022. Growth in the non-residential construction industry, driven by urbanization, infrastructure development, and economic growth, has increased the demand for steel sections. Asia Pacific dominated the global steel section market and is expected to continue over the forecast period. The stronghold of the region is attributable to the presence of raw material suppliers, manufacturers, and end-users. Asia-based manufacturers are expanding their production to cater not just to domestic customers but to international demand as well. Order your copy of Free Sample of “Long Steel Products Industry Data Book - Steel Rebar, Carbon Steel Pipe Fittings, Steel Pipes & Tubes and Steel Wire Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Steel Pipes and Tubes Market Growth & Trends The global steel pipes and tubes market size was valued USD 185.47 billion in 2022, according to a new report by Grand View Research, Inc. It is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Increasing oil & gas production owing to the demand from the transportation industry is one of the prominent growth drivers for the market. The oil & gas industry is the major consumer segment for steel pipes & tubes. Asia Pacific emerged as the leading regional market in 2022 and accounted for a revenue share of over 64.7%, owing to the rising product consumption in the region. China, Japan, South Korea, Southeast Asia, and India are the major product consumers in the region owing to the presence of huge manufacturing, petroleum, and petrochemical sectors. The Middle East & Africa are expected to register a growth rate of 1.8% in revenue in the said forecast period. Rising investment in the new oil & gas project is expected to propel the demand for pipes & tubes in the forecast period. Egypt has set its sights on increasing its oil production by 11% in 2023, aiming to reach a daily output of 650,000 barrels compared to the current 587,000 barrels daily. This expansion plan aligns with the commencement of operations in new oil fields and the expansion of existing fields in the Suez Canal region. Competitive Landscape Key players operating in the Long Steel Products Industry are – • ArcelorMittal • AWAJI MATERIA CO., LTD. • Baosteel • Bassi Luigi & C.S.p.A • Bekaert • Delcorte • Erne Fittinga GmbH • Evraz Plc • Gerdau S.A. • Henan Hengxing Science & technology Co., Ltd • Hyundai Steel • JFE Steel Corporation • Jindal Steel & Power Ltd. (JSPL) • JSW Steel Limited • Kobe Steel Limited • Nippon Steel Corporation • NLMK • Nucor • PARKER HANNFIN CORPORATION • Rama Steel Tubes Ltd. • S.S.E. Pipefittings Limited • Steel Authority of India Ltd. (SAIL) • Tata Steel Group • Tianjin Huayuan Metal Wire Products Co.Ltd. • United States Steel • Wuhan Iron & Steel Corporation Global ferroalloys industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book.
Ferro Manganese Market Analysis & Forecast The global ferro manganese market size was valued at USD 14.2 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2020 to 2027. The increasing popularity of cast iron cookware is projected to aid market growth over the forecast period. Ferro manganese is widely used as a sulfur counterpart in the production of cast iron. The ability of the product to remove sulfur contaminants by forming manganese sulfide offers a great advantage as it can easily be removed as slag. The cast iron production historically has observed tremendous growth, for instance, global cast iron production has grown from nearly 54 million tons to approximately 96 million tons from 2000 to 2019. The use of cast iron, especially in cookware, has witnessed a steady climb owing to its ability to offer non-sticky, anti-rust, and durable quality utensils. Thus, the rising production of cast iron is projected to remain a key driver for the market over the forecast period. However, with the breakout of the COVID-19 pandemic, the dynamics of the ferro manganese industry evolved rapidly and stronger demand for the product was observed in European countries amid the fear of complete lockdown. Many European suppliers of the product stated the greater stocking of ferro manganese by still mills in the Northern Italy region. Although this trend was short lived as the downstream demand for steel products declined rapidly. As per the stats released by the World Steel Association, the global steel demand is estimated to contract by nearly 6.4% in FY 2020. The downward sentiments in the global steel marketspace are anticipated to affect the growth of the ferro manganese sector over the short-term period. The industry vendors owing to the breakout of COVID-19 are under severe distress as the downstream demand from the steel industry is going toward a negative trajectory. Owing to the falling demand from the steel sector, Vale, which is among the prominent producers of ferro manganese, closed its plant operations in Simoes Filho, Brazil. Many market participants have devised strategies to cut down expenditure by operating at minimal capacities. Access the Global Ferroalloys Industry Data Book from 2023 to 2030, compiled with details by Grand View Research Ferrochrome Market Analysis & Forecast The global ferrochrome market size was valued at USD 16.77 billion in 2018 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2019 to 2030. The market is mainly driven by demand from booming stainless steel industry especially in Asia. Stainless steel industry accounts for roughly more than 75% of the FeCr consumption in the globe. China, being the largest stainless steel producer is therefore also the biggest consumer of FeCr. The global stainless steel production is predicted to witness considerable growth over the coming years owing to strong demand from building & construction industry. Stainless steel is largely consumed in building & construction industry due to its aesthetic appearance and corrosion resistance properties. Moreover, a variety of stainless steel products are easily fabricated and therefore, preferred by architects and building contractors. Majority of chromite ore suppliers in these regions are integrated in nature as they are also involved with manufacturing of ferrochrome. Glencore and Samancor Chrome are some of the major players in South Africa that produce ferrochrome by extracting chromite from their own operating mines situated in South Africa. The chromite ore suppliers are concentrated in South Africa, Kazakhstan, India, Turkey, and Zimbabwe, as these countries are host to enormous amount of chromite ore reserves. Industry rivalry in ferrochrome market is quite intensive owing to the presence of several established and integrated companies that are consolidated in South Africa, India, Turkey, and Kazakhstan. China is also among the largest suppliers of the FeCr along with South Africa. However, the suppliers in China is characterized by various small to medium sized players that import chrome ore mainly from South Africa for their FeCr production. Silico Manganese Market Analysis & Forecast The global silico manganese market size was valued at USD 26.74 billion in 2021 and is estimated to expand at a compounded annual growth rate (CAGR) of 6.5% in terms of revenue from 2022 to 2033. Increasing investments in construction activities across the globe are expected to boost the demand for steel, which is anticipated to positively influence the market growth of silico manganese over the forecast period. For instance, In November 2021, Bahrain announced plans to invest USD 30.00 billion for the creation of five new cities on its manmade islands. The project is a part of the government’s efforts to boost its economy post-pandemic. In addition, the governments of different countries across the Middle East & Africa are investing in tourism and hotel development projects. Silico manganese is a type of ferroalloy that is made up of alloys of manganese, silicon, iron, and a small amount of carbon and other elements. It finds application in steel making, where it is used as a deoxidizer, and to increase the manganese content to improve steel strength. Thus, the rising production of steel is expected to drive the demand for the product. Ferrosilicon Market Analysis & Forecast The global ferrosilicon market size was valued at USD 11.25 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030. Rising demand for ferrosilicon in the steel and cast iron industries is anticipated to contribute to market growth over the forecast period. Ferrosilicon is used as a deoxidizer in the steel industry to prevent the loss of carbon during the production process. As a result, rising investment in the steel industry is anticipated to augment the market growth. For instance, in January 2022, POSCO commenced construction of a new galvanized steel plant in Tangshan, Hebei, China, which is jointly owned by HBIS Group. The USD 600 million plants are anticipated to have an annual production capacity of 900 kilotons and will supply galvanized steel sheets to the automotive industry. Furthermore, due to their long life span and good compressive strength, cast iron pipes are widely used in plumbing applications. Companies involved in cast iron pipe production are expanding their capacity, thereby fueling ferrosilicon consumption. For instance, in December 2021, AMERICAN SpiralWeld Pipe Company, a producer of cast iron pipe, announced its decision to invest USD 40 million to expand its operation in Richland County, U.S. Furthermore, rising investments in China’s construction industry are expected to benefit market growth. For instance, China initiated five major infrastructure projects in the third quarter of 2021, one of them was an investment of USD 4,793 million in the construction of a railway line from Liuzhou to Wuzhou covering a distance of 237.78 kilometers. Such projects are aiding the consumption of steel and related products, thereby, positively influencing market growth over the forecast period. The market is competitive with a presence of a large number of players scattered across different regions. To uphold and expand their presence, market vendors are involved in acquisition activities. For instance, in February 2022, Elkem ASA acquired the remaining 50% stake in the Salten energy recovery plant from Kvitebjørn Energi, thus, taking 100% ownership. This acquisition aims to enable the production of environmental-friendly ferrosilicon grade. Order Free Sample Copy of Ferroalloys Industry Data Book, published by Grand View Research Key players operating in the ferroalloys industry are – • Arcelor Mittal • Brahm Group • China Minmetals Group Co., Ltd. • Elkem ASA • EMCO • Eramet Group • Eurasian Resource Group • Ferroalloys Corporation Limited • Ferroglobe • FINNFJORD AS • Glencore • Gulf Manganese Corporation Limited • IMFA • Jindal Group • Monet Group • NIPPON DENKO CO., LTD • OM Holdings Ltd. • Russian Ferro-Alloys Inc. • S.C. Feral S.R.L • Sabayek • SAIL • SAKURA FERROALLOYS • Samancore Chrome • Shanghai Shenjia Ferroalloys Co. Ltd • SINOGU CHINA • South32 • Steelforce • Tata Steel • TNC Kazhachrome JSC • Vale • VBC Ferroalloys Limited Global heating equipment industry database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research. Heat Pump Market Report Highlights The global heat pump market size is anticipated to reach USD 166.65 billion by 2030, expanding at a CAGR of 9.3% during the forecast period, according to a new report by Grand View Research, Inc. Favorable government policies for energy-efficient solutions and lowered carbon footprint are expected to boost the market growth over the forecast period. In addition, consumer-driven demand for energy-efficient heat pumps to reduce energy consumption and lower operating expenses are expected to benefit the overall market over the forecast period. The emergence of climate and energy as a political priority has spurred an increased interest in heating and energy efficiency gains to be realized within buildings. Increasing disposable income has led to the growing demand for technologically advanced equipment and comfortable housing solutions, which is further projected to boost the demand for heat pumps. These factors are expected to play a vital role in driving the market growth. Governments across the globe are becoming increasingly aware of the risks associated with fossil fuels and are adopting environment-friendly options. Furthermore, initiatives like the federal tax credit for new residential heat pumps in the U.S. was extended until the end of 2022. The California Energy Commission passed a new building energy code in August 2021, which encouraged the use of heat pumps for space and water heating in newly constructed buildings. All these aforementioned factors are expected to boost the demand for heat pumps in the coming years. Access the Global Heating Equipment Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies. Unitary Heaters Market Report Highlights The global unitary heaters market size is anticipated to reach USD 3,122.6 million by 2030, growing at a CAGR of 3.9% during the forecast period, according to a new report by Grand View Research, Inc. Increasing construction spending along with growing demand for highly energy-efficient heating solutions is projected to drive the demand for unitary heaters. Furthermore, favorable government initiatives such as rebates and incentives for the installation of highly energy-efficient unitary heaters are projected to have a positive impact on the market. Unitary heaters are commonly utilized in the commercial sector to address the space heating needs of small complexes or rooms. Unitary heaters have a low starting cost and an easy installation procedure. These reasons are expected to fuel market growth in the coming years. For instance, Warren Technologies provides unitary electric heaters in various sizes, shapes, and configurations that can be field mounted in any brand of air conditioning system. Rising demand for low-noise operations, increasing integration of electric heaters with solar panels, growing use of sensors to adjust the temperature automatically, and elevated efficiency at lower costs are expected to be the major factors driving the demand for unitary heaters in the coming years. For instance, electric unitary heaters are available for installing various types of high-efficiency equipment, including split, packaging, central DX, heat pump, and PTAC systems. Warm Air Furnace Market Report Highlights The global warm air furnaces market size is expected to reach USD 10.8 billion by 2030, growing at a CAGR of 3.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing construction spending, as well as growing demand for highly energy-efficient heating solutions, are expected to drive demand for warm air furnaces across the globe. Furthermore, favorable government measures such as incentives for the installation of energy-efficient warm air furnaces are expected to benefit the market. The U.S. construction activity increased by over 6% yearly in 2021 and 2022 after a 1.9% drop in 2020. The demand for single-family homes is the main factor driving the rapid residential construction. The strong demand for home remodeling and upgrading is still present because of increased discretionary household spending. A large portion of this growth will come from a significant rise in spending on residential building construction. The demand for warm air furnaces in the residential application segment is expected to be driven by the expanding residential sector in the U.S. Furnaces use heat to circulate hot air using ducts throughout residential spaces due to the presence of drastic temperature changes. Furthermore, in the year 2022, the U.S. Energy Information Administration (EIA) reported that 538,000 of the 911,000 new single-family homes had forced-air furnaces installed. Order your copy of Free Sample of “Heating Equipment Industry Data Book - Heat Pump, Unitary Heaters, Warm Air Furnace and Space Heating Boilers Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Space Heating Boilers Market Report Highlights The global space heating boilers market size is anticipated to reach USD 35.7 billion by 2030, growing at a CAGR of 3.4% during the forecast period, according to a new report by Grand View Research, Inc. Rapid construction spending coupled with favorable government measures such as the installation of energy-efficient products are expected to benefit the space heating boiler market. For instance, the ENERGY STAR website states that through 2032, federal income tax credits for energy-efficient home upgrades would be offered under the Inflation Reduction Act of 2022. Consumers may successfully migrate to a sustainable energy future by utilizing tax credits and any applicable subsidies, thereby driving market growth. The primary energy consumption in the U.S. accounted for 16% of the primary energy consumed globally in 2021, according to the U.S. Energy Information Administration. Despite having about 4% of the world's population in 2021, the U.S. ranked 10th in the world for primary energy use per person. Due to the methods of sourcing, transportation, and potential for leaks that could increase methane emissions, the use of major energy sources such as natural gas and LP gas has raised environmental concerns. Thus, growing environmental concerns coupled with rising demand for energy-efficient products are expected to drive the demand over the forecast period. Key players operating in the Heating Equipment Industry are – • Lennox International, Inc. • Daikin Industries, Ltd. • Johnson Controls, Inc. • Robert Bosch GmbH • Carrier • Mitsubishi Electric Corporation • Danfoss • LG Electronics, Inc. • Johnson Controls, Inc Electric off-highway equipment industry data book covers electric agriculture equipment, construction equipment, mining equipment market.
Global Electric Off-Highway Equipment Industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. Access the Global Electric Off-Highway Equipment Industry Data Book from 2023 to 2030, compiled with details by Grand View Research Electric Agriculture Equipment Market Insights Growing commercial farming coupled with a labour shortage is a major factor driving the market growth for electric agricultural equipment. The demand for increased crop yield and the hovering threat of food security is other factors supplementing the market growth for electric agricultural equipment in major agricultural economies. The integration of electric propulsion in agricultural mechanisms owing to increased crop yield, decreased production cost, reduction in post-harvest losses, and efficient time management are also favouring the market growth worldwide. The growing traction towards farm mechanization is supporting the uptake of electric technology. Electrical agricultural equipment like tractors, threshers, and other cultivation equipment can aid in numerous farming chores. In order to execute a number of crop production processes, mechanization entails the careful application of inputs by utilizing agricultural equipment, such as power-driven machinery and hand tool, which guarantees a decrease in the labour-intensive tasks associated with various farm activities and refocuses the use of inputs to maximize the potential of available resources. Construction Equipment Market Insights The electric construction equipment market is experiencing growth owing to stringent laws on noise and carbon emissions caused in closed construction and urban area. The increase in noise pollution in the cities has become a potential threat owing to ramping up construction projects. The noise pollution from the equipment, such as loaders, excavators, and motor graders, have prompted municipal corporation in European cities such as Copenhagen, Oslo, Stockholm, and Helsinki to launch initiatives to launch pilot projects for zero-emission construction sites. The city of Helsinki signed the green deal in 2020 to create zero-emission worksites, and the practice will be slowly applied to the whole town. The authorities said that as a result of the initiative, it has chosen to use minimal parameters for procuring all upcoming street infrastructure and outsourced infrastructure projects. By 2025, every city's construction sites are expected to be fossil fuel-free; by 2030, all emissions will be eliminated. Similarly, by 2040 London has also declared its intention to reduce emissions from construction sites to zero. The trend for fast-charging equipment, which has a longer operating duration and is powered by hydrogen fuel, solid-state battery, or lithium-ion battery, is gaining traction while supporting the market growth. Fast-charging batteries are known to withstand higher charging speeds prompting manufacturers to offer battery packs that can be swapped when the battery level is low. Order your copy of the "Electric Off-Highway Equipment Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Mining Equipment Market Insights The mining industry has been dependent on diesel for its major operation, such as transportation vehicles, along with operating mining equipment for underground and surface mining. According to International Council on Mining and Metals (ICMM), diesel-powered engines emit 30 to 80 % of emissions in a mining site. With mining concentrated in hostile and harsh terrains with extreme temperatures, the emission emitted contributes to the higher temperature. Using diesel-powered equipment generates more pollutants while producing more noise and heat while incurring higher operational costs. These factors of conventional mining equipment are fueling the adoption of electric mining equipment in the mining industry. Electric mining equipment help in reducing heat in underground mine by increasing ventilation and cooling in the underground mining environment. The ongoing urbanization and industrialization are fueling the demand for natural resources such as oil and minerals. As a result, the global mining industry is flourishing. This, in turn, is expected to boost the demand for electric mining equipment, thereby leading to the growth of the market for this equipment worldwide. Companies operating in the mining equipment market are enhancing their product portfolio by including electric equipment in the lineup to meet the demand for various types of electric mining equipment, such as mineral processing equipment, crushers, surface mining tools, screening equipment, and mining drills & breakers. A range of variants that are either rechargeable batteries, cable-tethered, or use overhead trolley lines make up the most electrified mining equipment. The latter are more common in open-pit mines where using big surface trucks is necessary. Key players operating in the electric off-highway equipment industry are – • Komatsu Ltd • Caterpillar Inc • MaterMacc S.p.A • AGCO Corp. • CLAAS KGaAmbH • Mahindra & Mahindra Ltd. • SDF S.p.A. • J C Bamford Excavators Ltd • AGCO Corp. • CNH Industrial N.V. • Deere & Company • CLAAS KGaAmbH • Escorts Ltd. • International Tractors Ltd. • YanmarCo., Ltd. • KubotaCorp. • Mahindra & Mahindra Ltd. • Tractors and Farm Equipment Ltd. • Caterpillar Inc MaterMacc S.p.A • MaterMacc S.p.A • AB Volvo • Caterpillar Inc • Liebherr Go through the table of content of Industry Data Book to get a better understanding of the Coverage & Scope of the study. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Global filtration membrane sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
Spiral Membranes Market Report Highlights The global spiral membranes market size was reached to USD 7,659.5 million in 2022 registering a CAGR of 12.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. • Polyamide accounted for the largest market share of over 41% in 2019 and is projected to expand further at a steady CAGR from 2020 to 2027 owing to easy availability and low cost of these polymers • Reverse osmosis was the largest technology segment in 2019 and accounted for more than 40% of the global market share. The segment is estimated to retain its leading position throughout the forecast period as reverse osmosis technology exhibits a considerably higher recovery rate than the traditional thermal desalination processes • The water & wastewater treatment end-use segment is projected to account for the maximum revenue share by 2027 • Growing focus on maximizing the recycling of municipal and industrial wastewater discharge is likely to benefit the segment growth • Asia Pacific is projected to be the fastest-growing regional market from 2020 to 2027 owing to the rapid industrialization • China led the APAC regional market in 2019 and is estimated to register a CAGR of 13.2% from 2020 to 2027 mainly due to the implementation of stringent regulations regarding environmental safety. Access the Global Filtration Membrane Industry Data Book, 2023 to 2030, Compiled Report By Grand View Research Pleated Membranes Market Report Highlights The global pleated membranes market size was reached to USD 12,313.5 million in 2022 registering a CAGR of 5.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. • Pleated membranes are considered the most effective filtration membrane for use in a wide range of applications, including vaccine purification, the production of drinking water, and the sterilization of natural gas to remove unwanted particles from the solution. • These membranes are durable and can withstand harsh conditions, including high-temperature fluctuations, which reduces the requirement for maintenance and replacements. These factors are expected to increase the demand for pleated membranes in the coming years. • China and the U.S. have dominated the pleated membrane market and accounted for a combined revenue share of more than 34% in 2022. • Factors such as high industrial growth, infrastructure investments, and environmental regulations, growing spending on research and development (R&D) to enhance the performance and application of pleated membranes are considered the major growth drivers in these countries. Hollow Fiber Membranes Market Report Highlights The global hollow fiber membranes market size was reached to USD 876.1 million in 2022 registering a CAGR of 15.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. • By membrane material, the polyethersulfone (PES) segment dominated the market with a revenue share of 35.7% in 2023 and is projected to exhibit the fastest CAGR during the assessment period. • By process, the reusable hollow fiber membranes segment dominated the market with a share of 53.5% in 2023. • By technology, the microfiltration segment held the largest revenue share of 52.4% in 2023. Microfiltration is a low-pressure technique for separating high-molecular-weight compounds from dissolved solids. • By end-use, pharmaceutical and biotechnology companies segment held the largest share of 44.5% in 2023. • North America dominated the regional market with a revenue share of 39.4% in 2023. During the projected period, the region is expected to retain its leadership. • In the future, the expansion of the market in the Asia Pacific region is anticipated to grow exponentially. Order your copy of Free Sample of “Filtration Membrane Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” published by Grand View Research Competitive Landscape The major players are engaging in strategies such as high R&D investments to introduce membrane separation products with enhanced durability and higher flow rates. Manufacturers are developing application-based membrane filtration to address the specific requirements of the end-use industries. Some of the major manufacturers also have an extensive distribution network to connect with their customers across regions and gain a competitive advantage. Key players operating in the Filtration Membrane Industry are – • Synder Filtration, Inc. • Cole-Parmer Instrument Company, LLC • Berghof Membrane Technology GmbH (BMT) • ALFA LAVAL • DuPont • Pall Corporation • 3M • Donaldson Company, Inc. • TORAY INDUSTRIES, INC. • SPXFLOW • Kovalus Separation Solutions • MMS Membrane Systems • MANN+HUMMEL • Arvind KaiGo Global air compressor sector database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research. The growing adoption of variable-speed systems, low maintenance cost, effective operation, and retrofitting for existing systems are some factors propelling the demand for air compressors across key end-use industries. Energy-efficient compressors are witnessing a surge in demand owing to their cost-effective operations. However, the growing number of gas compressor stations has increased concerns about air quality. Hence, air monitoring systems are widely being installed for measuring the impact of air and gas compressors. Additionally, the subsequent introduction of non-oil and gas-based projects, and continuous investments in the industry, are driving the demand for air compressors. Access the Global Air Compressor Industry Data Book, 2023 to 2030, Compiled Report By Grand View Research Rotary/Screw Air Compressor Market Report Highlights The global rotary air compressor market size is anticipated to reach USD 11.44 billion in 2022, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 4.4% from 2023 to 2030. • In terms of lubrication, the oil-free lubrication segment is anticipated to witness the fastest CAGR of 5.4% over the forecast period. Oil-free rotary air compressors are made to offer the highest-quality air in compliance with industry requirements while having the lowest lifespan costs. For instance, Atlas Copco provides ZT & ZR compressors for the pharmaceutical, food & beverage, automotive, textile, medical, power generation, battery, chemical, and automotive industries, all of which need high criteria for compressed air quality • Based on type, the portable segment is anticipated to witness the fastest CAGR of 4.9% over the forecast period. The most demanding portable compressor applications are catered by portable rotary compressors. The screw air end is built to last for many years in situations with a high-duty cycle. In addition, rotary portable air compressors are helpful for applications that require high cfm output in a compact design. These aforementioned factors are anticipated to augment the market demand • In terms of application, the manufacturing application segment held the largest revenue share of 37.4% in 2022. Air compressors with rotary motors survive a long time since there is little to no capacity loss. These compressors are made to power tools that produce more power than typical machinery. In addition, these are made to create a constant flow rate, making them perfect for a range of industrial uses, including small machine shops, the production of food & beverages, and the manufacture of automobiles, among others • Asia Pacific region led the market in 2022 with the largest revenue share of 37.2%. This growth can be attributed to increasing urbanization, a rise in energy consumption, and the presence of manufacturing facilities in the region. Furthermore, the region has a strong manufacturing base due to the presence of the largest manufacturing economies such as China, Japan, South Korea, and India • In November 2021, Vanair Manufacturing, Inc. launched the Air N Arc 300 system. The system is designed specifically to meet the challenge of fitting under the slide-out tray or on the body of a box truck. It is lighter and more compact than standard units at 7.5 inches shorter. The unit provides more efficient use of truck bed that reduces cost by combining various power sources into a single machine, including a rotary air compressor, battery charger, 300 AMP welder, 7 kW generator, and battery booster. Order your copy of Free Sample of “Air Compressor Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” published by Grand View Research Reciprocating Air Compressor Market Report Highlights The global reciprocating air compressor market size is anticipated to reach USD 5.25 billion in 2022, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 4.1% from 2023 to 2030. • In terms of technology, the single-acting technology segment is anticipated to witness a CAGR of 3.9% over the forecast period. These compressors are commonly used in small industrial settings, home workshops, and other environments where moderate air compression is needed. Further, due to the durability offered by reciprocating air compressors, this results in the machine having a significant product life • The double-acting technology segment led the market in 2022 with a market share of 59.4%. Double-acting compressors are better suited for applications that require a continuous supply of compressed air. They can handle higher duty cycles and provide a more consistent output of compressed air • In terms of lubrication, the oil-free lubrication segment is anticipated to witness the fastest CAGR of 5.1% over the forecast period. Oil-free reciprocating air compressors are essential in applications where the compressed air must be completely free of oil contamination • Based on type, the portable type segment is anticipated to witness the fastest CAGR of 4.5% over the forecast period. Portable reciprocating air compressors are widely used in construction & mining activities. They are also extensively used across various industrial applications, owing to their convenience in shipping the equipment • In terms of application, the manufacturing segment held a 39.1% revenue share in 2022. This can be attributed to the rapid industrialization in developing economies such as India, China, and Brazil, coupled with increasing demand for advanced and energy-efficient air compressors in the manufacturing sector Centrifugal Air Compressors Market Report Highlights The global centrifugal air compressor market size is anticipated to reach USD 7.66 billion in 2022, registering a CAGR of 5.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. • Based on lubrication, the oil-filled lubrication segment dominated the market with a revenue share of 61.7% in 2022. Oil-filled air compressors are extensively used in commercial applications within the energy, manufacturing, and industrial sectors. They are known for their durability and their ability to operate with reduced noise levels when compared to oil-free compressors • Based on application, the manufacturing segment is expected to showcase lucrative growth with a CAGR of 5.0% over the forecast period. The expansion of this market can be attributed to the swift industrialization taking place in developing economies like India, China, and Brazil. This is further fueled by the rising need for advanced and energy-efficient air compressors within the manufacturing sector • The Asia Pacific region held a dominant revenue share of 37.2% in 2022. The growth is propelled by the increasing demand for air compressors across various applications, including food and beverage, manufacturing, home appliances, and the oil and gas industry. In addition, the market benefits from the presence of numerous compressor manufacturers in India and China. Moreover, the substantial industrial infrastructure for electronics and semiconductor manufacturing in China and Taiwan is poised to further stimulate market expansion Go through the table of content of Air Compressor Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape The air compressor manufacturers adopt several strategies, including mergers & acquisitions, partnerships & joint ventures, new product developments, distributor agreements, new online channels, and geographical expansions, to augment their market presence and cater to the ever-changing consumer requirements. Key players operating in the Air Compressor Industry are – • Atlas Copco • Bauer Group • BelAire Compressors • Cook Compression • Compressor Products International (CPI) • Galaxy Auto Stationary Equipment Co. Ltd. • Gast Manufacturing, Inc. • GE Energy • Heyner • Hitachi Industrial Equipment Systems Co. Ltd. • Hoerbiger • Ingersoll Rand Plc • Kaeser Compressors • MAT Industries, LLC • FS Elliot Co., LLC • Hanwha Techwin • Sullair LLC • Sundyne • Kaeser Kompressoren SE • Doosan Portable Power • Sullivan-Palatek, Inc. • Elgi Compressors USA, Inc. • Zen Air Tech Pvt. Ltd. • Oasis Manufacturing • Frank Technologies Sheet Metal Industry To Rise Because It Is Versatile Material That Makes The World Go Round11/6/2023 Global sheet metal sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a sheet metal statistics e-book. The automotive segment is anticipated to remain a key consumer of steel and aluminum sheets. Sheet metal components are used to manufacture numerous automotive parts such as body panels and tops, chassis, vehicle bumpers, fenders, hubcaps, moldings, trim pieces, engine and transmission components, brake components, windshield wiper arms, and system components. Access the Global Sheet Metal Industry Data Book, 2023 to 2030, Compiled Report By Grand View Research Steel Sheet Market Report Highlights The global steel sheet market size was valued at USD 177.02 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 2.6% from 2023 to 2030. • Steel sheet products offer benefits such as high strength & quality, economic benefits, recycling ability, and low maintenance cost. • Increasing demand for galvanized sheets in construction applications, such as awnings, balconies, ductwork, fences, industrial walkways, ladders, building frames, and handrails, is likely to fuel the growth of the market. • In the automotive industry, steel sheets are used in the production of hoods, fenders, roofing, spring housing, and seating applications. • Sheet metal products have a high requirement in electric vehicles owing to the ability to produce a high volume of complex and precise parts. A significant rise in the production of EVs is expected to provide a lucrative opportunity for the sheet metal market. The global sales of EVs are surging rapidly. The recorded sales in 2020, 2021, and 2022 are 3.2 million, 6.7 million, and 10.5 million, respectively. China accounted for over 58.0% of global EV sales in 2022, with more than 6 million units sold in the country. Aluminum Sheet Market Report Highlights The global aluminum sheet market size was valued at USD 38.70 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2030. • Sheet metal parts are used in aircraft engines, missile and defense components, aircraft panels, and various other high-precision equipment in these industries. • Aluminum is the preferred material for application in the aerospace industry owing to its lightweight, effective cost, and high-strength characteristics. • This is because the reduction in aircraft weight allows aviation companies to accommodate a large number of air passengers in their planes. • In terms of revenue, North America is projected to grow at a CAGR of 3.1% from 2023 to 2030. Investments in construction & infrastructure along with high volume production of vehicles are projected to act as growth factors for the region. • Growing focus on the reduction of carbon dioxide emissions and sustainability is projected to provide a boost to the demand for aluminum over the coming years. Order your copy of Free Sample of “Sheet Metal Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” published by Grand View Research Competitive Landscape Some of the market players are highly integrated in the supply chain to reduce dependency on raw materials. For instance, the operations of Tata Steel include iron ore & coal mining, energy production, crude steel production, and manufacturing of downstream products such as sheets, platers, bars, wires, and coils. Similarly, producers in the aluminum industry are also engaged in the production of raw materials and finished products. Key players operating in the Sheet Metal Industry are – • JSW • Tata Bluescope Steel • Nippon Steel Corporation • POSCO • United States Steel • JFE Steel Corporation • Baosteel Group • Arconic • Alcoa Corporation • Hindalco Industries Limited • Kaiser Aluminum • Constellium • Aleris Corporation • Hulamin • Norsk Hydro Global construction fasteners sector database published by Grand View Research’s is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
Access the Global Construction Fasteners Industry Data Book, 2023 to 2030, Compiled Report By Grand View Research Mechanical Anchors Market Report Highlights The global mechanical anchors market size is expected to reach USD 1.85 billion in 2022, registering a CAGR of 2.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. • Stainless steel was the largest and fastest growing market segment and accounted for 54.2% of the revenue share in 2022 as stainless steel hardly gets oxidized when compared to other materials including iron, and carbon steel. Additionally, aesthetic shining appearance, corrosion resistance, low maintenance, and strength make stainless steel a widely used material for manufacturing mechanical anchors • Carbon steel accounted for USD 674.1 million for the year 2022 owing to its high strength. The presence of high carbon content makes them good at resisting abrasion and retaining shape under excess load in construction buildings. In addition, the material is primarily heat-treated by austenitizing, and quenching, followed by tempering to enhance its mechanical properties including yield and tensile strength • Residential applications accounted for a revenue share of over USD 476.0 million in 2022. The use of mechanical anchors in residential applications includes fixing wooden or plastic frames to the concrete or masonry units, railing and fences, and cable trenches. Metals such as aluminum and steel are widely used in the manufacturing of windows and doors in buildings owing to the lightweight and highly durable properties exhibited by the metals • Commercial applications accounted for 74.3% of the total market share for the year 2022. In commercial sectors, mechanical anchor finds its wide application in various malls, hotels, sports complexes, and industries. This building design is becoming more complex and is fitted with a wide variety of pipes, tubes, and cables suspended from the ceiling. These are primarily held on metal trenches which are fitted with mechanical anchors to fasten them to the underside of the concrete deck for support and hold • Companies are engaged in the adoption of strategic initiatives such as research & development and vertical integration to gain a competitive edge Bolts Market Report Highlights The global bolts market size is expected to reach USD 6.33 billion in 2022, progressing at a CAGR of 5.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. • M8 was the largest product segment in 2018, in terms of revenue, and is expected to generate a revenue of USD 9.5 billion by 2028, on account of its wide application scope in industrial and construction segments • GR 8.8 segment is expected to progress at a CAGR of 4.8%, in terms of revenue, from 2020 to 2028, owing to its extensive use in railroad equipment, motors, processing equipment, and engines • North America market was valued at USD 9.4 billion in 2018 owing to the presence of notable aerospace and automotive manufacturing companies coupled with the revival of construction renovation sector • The bolts market is dominated by the presence of large players operating through multiple sales channels such as direct and distributor-based supply, which aids them in grabbing a high market share. Order your copy of Free Sample of “Construction Fasteners Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” published by Grand View Research Chemical Anchors Market Report Highlights The global chemical anchors market size is expected to reach USD 0.95 billion in 2022, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.9% from 2023 to 2030. • By product, capsule adhesive anchors are expected to register the fastest CAGR of 5.0% over the forecast period owing to the increasing use of the product in the infrastructure and commercial segments • In terms of resin, unsaturated polyester chemical anchors are primarily used in masonry and uncracked concrete applications. However, methacrylates and pure epoxy type anchors are better suited for more demanding applications, including rebar and fractured concrete • The rising construction spending, particularly in the emerging economies, is a key factor promoting growth in the chemical anchor industry. Rising product awareness, coupled with the high consumer spending in the residential sector, is propelling the demand for chemical anchors • In the U.S., the demand for chemical anchors is expected to increase on account of the growing investments in infrastructure repair and rebuilding. Chemical anchors are being used in a majority of steel constructions, column bases, and scaffold anchoring • Manufacturers in the chemical anchor industry are involved in adopting several strategies, including acquisition, joint venture, new product development, and geographical expansion, which aid in enhancing their market penetration Nails Market Report Highlights The global nails market size is expected to reach USD 10.29 billion in 2022, registering a CAGR of 3.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. • The stainless steel segment is expected to grow at a CAGR of 4.5% over the forecast period. Stainless steel is an expensive raw material, resulting in comparatively higher prices for end products such as nails. However, these nails offer a long-lasting solution with minimal maintenance requirements. Additionally, recycling stainless-steel nails is also considered to be an easy process. These factors are expected to fuel the global demand for stainless steel nails for usage in various construction projects • Concrete construction dominated the market and is further anticipated to grow at a CAGR of 4.7% over the forecast period. Concrete is the most common material used in construction projects. The material is made by mixing several other materials such as water, gravel, stones, cement, and aggregates. These materials together result in long-lasting building solutions. Furthermore, concrete is also highly preferred in the construction of sidewalks, garages, basements, driveways, columns, manholes, and beams on account of its superior strength • The Central & South America region is expected to grow at a CAGR of 3.3% over the forecast period. Emerging economies, such as Argentina, Brazil, and Peru are witnessing population growth coupled with rapid urbanization. These factors are triggering the construction of residential and commercial units in Central & South America, thereby fueling the product demand • The market for construction nails is highly competitive due to the presence of a large number of local players. Some of the key players include Simpson Strong-Tie, Grip-Rite, Shandong Oriental Cherry Hardware Group, Maze Nails, TITIBI, and Pan Chem Corporation Go through the table of content of Construction Fasteners Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape The construction nails market is categorized as highly competitive owing to the presence of a number of large- and small-sized manufacturers of different types of these nails in their product portfolios. These players are focused on increasing their market share by adopting various strategies such as new product launches, research and development, mergers & acquisitions, and collaborations. Quality is a key factor for consumers, thus, the manufacturers are focusing on quality certification to gain consumer confidence. Key players operating in the Construction Fasteners Industry are – • Simpson Strong-Tie • Grip-Rite • Shandong Oriental Cherry Hardware Group • Maze Nails • TITIBI • Pan Chem Corporation • JE-IL WIRE PRODUCTION • Duchesne • BECK Fastener Group • DEACERO • Hilti Group • MKT Fastening • Power Fasteners • FIXDEX Fastening Technology • Illinois Tool Works Inc. • Sika AG • Würth Industrie Service GmbH & Co. KG • REYHER Global centrifugal pump sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook report and summary presentations on individual areas of research. One of the key drivers behind this growth is the need for reliable and efficient fluid transportation in various applications. Centrifugal pumps offer advantages such as high flow rates, low maintenance requirements, and the ability to handle a varied range of fluids, making them indispensable in numerous industries. Furthermore, the development of advanced technologies, such as variable frequency drives (VFDs) and IoT-enabled monitoring systems, has enhanced the performance and efficiency of centrifugal pumps, further fueling their adoption. Access the Global Centrifugal Pump Industry Data Book, 2023 to 2030, Compiled Report By Grand View Research Radial Flow Pumps Market Report Highlights The global radial flow pump market size is anticipated to reach USD 24.4 billion in 2022, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 3.6% from 2023 to 2030. • In terms of configuration, the single-stage radial flow pump segment held the largest revenue share of 62.8% in 2022 as this segment plays a crucial role in agricultural irrigation, helping to move water from water sources to fields and crops efficiently. • In terms of end-use, the oil and gas segment is anticipated to register a CAGR of 3.8% over the forecast period owing to its applications such as injection, hydraulic fracturing, crude oil transportation, and refining processes. The growth of the oil and gas industry contributes to the demand for radial flow pumps. • Several factors including industrialization, technical improvements, and growing urbanization have contributed to the remarkable rise in demand for energy fuel over the past few years, and North America is predicted to dominate the market over the projection period in terms of region. This is anticipated to increase the product's uptake by several businesses, including the water and wastewater treatment, power, and oil and gas sectors. • In May 2023, Xylem, Inc. launched a global pump manufacturing site in Egypt. Leading water brands including Flygt; Lowara; and Bell & Gossett will be manufactured and assembled at the new Xylem Egypt Plant, which will also produce parts and full units. The Xylem Egypt Plant will first produce Split-Case Centrifugal pumps for various uses, including irrigation, HVAC, and commercial building services, as well as End-Suction pumps for industry and irrigation. Mixed Flow Pumps Market Report Highlights The global mixed flow pump market size is anticipated to reach USD 9.1 billion in 2022, registering a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand View Research, Inc.
Order your copy of Free Sample of “Centrifugal Pump Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” published by Grand View Research Axial Flow Pumps Market Report Highlights The global axial flow pump market size is anticipated to reach USD 4.0 billion in 2022, registering a CAGR of 3.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. • The high-power type segment accounted for a share of 58.9% in 2022 owing to increased demand for high-power pumps in applications, such as flood dewatering and water & wastewater treatment. • The single-stage axial flow pump configuration segment accounted for a share of 62.7% in 2022 owing to its applications in various industries, including agriculture (irrigation), municipal water supply, wastewater management, flood control, aquaculture, and industrial fluid circulation. • The oil & gas end-user segment is likely to register a CAGR of 3.4% over the forecast period owing to high product demand in various fluid handling applications due to their unique design that allows for efficient flow of fluids in a straight-line direction along the pump axis. • Several factors, including rapid industrialization & urbanization, and technical improvements, have contributed to the remarkable rise in demand for energy fuel over the past few years, and North America is predicted to dominate the market over the projected period. • This is anticipated to increase the product's uptake by many businesses, including the water & wastewater treatment, power, and oil & gas sectors. • By offering flow control products and services for the global infrastructure market, Flowserve Corporation announced the launch of its new Energy Advantage program in March 2022. This all-encompassing flow control approach aims to assist customers in lowering total cost of ownership and reducing carbon footprint. • With Energy Advantage, Flowserve can assist customers in optimizing pump and valve power usage to achieve higher energy efficiency due to its engineering know-how, rigorous data-driven review approach, and full product & service portfolio. Go through the table of content of Centrifugal Pump Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape The competitive landscape of the centrifugal pump market is characterized by a mix of established global players and regional manufacturers. Several multinational companies dominate the global centrifugal pump industry. Key players operating in the Centrifugal Pump Industry are – • Grundfos • Xylem • Flowserve • ITT Corporation • CIRCOR International • Baker Hughes • Gardner Denver • Ebara Corporation • Kirloskar Brothers Limited • Tsurumi Manufacturing • Alfa Laval • KSB • Grindex • PSP Pumps • Pentair • Weir Group PLC • Wilo SE • ETEC S.A. • Sanlian Pump Company • Iwaki America Inc. • Franklin Electric • ACE PUMP CORPORATION • Sulzer Ltd • Ruhrpumpen Group • Dover Corporation Global base metal mining sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book. Nickel Mining Market Report Highlights The global nickel mining market is anticipated to reach USD 83.81 billion by 2030, according to a new report by Grand View Research, Inc., projected to grow at a CAGR of 6.6% from 2023 to 2030. • Based on end-use, the stainless-steel segment is expected to register a CAGR of 6.5%, in terms of revenue, over the forecast period. The rising demand for stainless steel in various industries such as oil & gas and construction is driving the segment growth • The non-ferrous alloys segment is projected to have a CAGR of 6.8% in terms of revenue, over the forecast period. The growth of the segment is attributed to the increasing demand for non-ferrous alloys from industries operating at high temperatures and pressures such as aerospace and defense, and oil and gas. • Based on region, Asia Pacific held the largest market share of about 58.0% in 2022 of the global market. The region's dominance is attributed to the presence of large reserves in countries like China, Indonesia, the Philippines, and Australia • The nickel mining industry is facing competition from the recycling sector. For instance, according to Nickel Institutes, around 68% of nickel in consumer products is recycled, starting a new cycle. Access the Global Base Metal Mining Industry Data Book, 2023 to 2030, Compiled Report By Grand View Research Lead Mining Market Report Highlights The global lead mining market is anticipated to reach USD 9.25 billion in 2022, according to a new report by Grand View Research, Inc., projected to grow at a CAGR of 2.4% from 2023 to 2030. • In 2022, the lead reserves were estimated to be around 2 billion tons. Substantial lead resources have recently been discovered in significant quantities, along with deposits of zinc, silver, or copper in Australia, China, Ireland, Mexico, Peru, Portugal, Russia, and the U.S. (Alaska). Australia has the largest has largest reserves of lead in the world. • In 2022, more than 81% of lead went into the production of batteries, while the remaining is used in rolled and extruded products, pigments & other compounds, ammunition, cable sheathing, and alloys. • The rising health concern with lead has led governments across the world to restrict the consumption of lead, which is negatively influencing the market. Tin Mining Market Report Highlights The global tin mining market is anticipated to reach USD 7.20 billion in 2022, according to a new report by Grand View Research, Inc. • The major application of tin is for soldering in the electronics and & semiconductor industry. It can be used in the production of alloys such as bronzes, solders, and fusible alloys. • Along with lead, it forms excellent soldering materials for low-temperature melting. • Fusible alloys of tin have applications in safety devices such as pressure cookers, fire sprinklers, electrical fuses, and boiler plugs. • The batteries end-use segment is expected to register the fastest growth in the said forecast period. The tin is used as an anode in lithium-ion batteries. These batteries are widely used in EVs. • Thus, increasing investment in the production of lithium-ion batteries for EVs is expected to propel the consumption of tin in the said forecast period. Tungsten Mining Market Report Highlights The global tungsten mining market is anticipated to reach USD 0.02 billion in 2022, according to a new report by Grand View Research, Inc., projected to grow at a CAGR of 6.5% from 2023 to 2030. • Tungsten, known for its exceptionally high melting point among metals, has historically found application in the filaments of incandescent bulbs, illuminating countless homes worldwide. • However, the diminishing popularity of these bulbs, primarily due to their low energy efficiency, has led to a significant reduction in the use of tungsten filaments for lighting. • Cemented carbide is by far the largest application of tungsten in the industrial sector. It is one of the hardest compounds produced after heating an equal proportion of carbon and tungsten at 2,800°C. It is usually sold in powder form in different grain sizes. • After the sintering process, it can be used in abrasives, industrial machinery, jewelry, and other instruments & tools. Order your copy of Free Sample of “Base Metal Mining Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” published by Grand View Research Aluminum Production Market Report Highlights The global aluminum mining market is anticipated to reach USD 174.42 billion in 2022, according to a new report by Grand View Research, Inc., projected to grow at a CAGR of 3.4% from 2023 to 2030. • As aluminum has good electrical performance even at high temperatures, it is considered an ideal material for housing and electronic connectors. • Strict emission policies coupled with increasing pressure to reduce the weight of vehicles are anticipated to remain key factors driving the demand for aluminum over the coming years. • In terms of revenue, the automotive segment is predicted to grow at a CAGR of 3.2% over the forecast period. • Many car parts, including doors, batteries, and bumpers, are made using aluminum, The use of aluminum in automotive manufacturing is becoming more prevalent as consumer preference for lightweight vehicles increases. • According to the Aluminum Association, 16% of all vehicle weight in 2028 is anticipated to be made up of aluminum. Copper Mining Market Report Highlights The global copper mining market is anticipated to reach USD 178.61 billion in 2022, according to a new report by Grand View Research, Inc., projected to grow at a CAGR of 2.6% from 2023 to 2030. • Copper is going to play a significant role in decarbonization, as the replacement of fossil fuels with renewable energy sources would require vast amounts of copper to distribute electricity over long distances. • Copper will also play a crucial role in the electric vehicle transition. Owing to the above-mentioned reasons, the European Union declared copper as a critical raw material under the Critical Raw Materials Act (CRMA) in March 2023. This declaration will ensure easier access to capital and speedier permits for copper mining and recycling projects. • In terms of volume, Europe is anticipated to experience a CAGR of 2.9% over the forecast period. • Copper consumption in Europe is expected to rise due to growing consumer demand for sustainability and carbon reduction, which has increased investment in developing green buildings and EVS. Zinc Mining Market Report Highlights The global zinc mining market is anticipated to reach USD 66.09 billion in 2022, according to a new report by Grand View Research, Inc., projected to grow at a CAGR of 4.1% from 2023 to 2030. • Zinc is primarily used for galvanization of steel in automotive and construction industries. It is also used in the production of bronze, brass, zinc-based alloys, and chemicals. • Oxides and chemicals of zinc find use in tires, paints, and medical products. It is also used in die-casting alloys and semi-manufactured products. • The galvanizing end-use segment dominated the volume share of the zinc market in 2022. Rising demand for steel is expected to have a positive influence on the zinc mining market. Go through the table of content of Base Metal Mining Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape The industry comprises a few medium and small players operating in different parts of the country. To remain competitive, mining companies are entering into long-term supply contracts with end users. Also, the companies use derivative contracts to protect them from market volatility. These fluctuations expose the companies to the risk of opportunity loss and mark-to-market fair value adjustments. These contracts could include forward sales, futures contracts, call options, and other derivative instruments. Key players operating in the Base Metal Mining Industry are – • Bhp • Anglo American • Antofagasta Plc • Aurubis • Codelco • Freeport-Mcmoran, Inc • Glencore • Norilsk Nickel • Vale • Zinjin Mining Group Co., Ltd. Mass Engineered Timber Industry To Rise Up Till 2030 | The Next Generation Of Building Materials10/31/2023 Global mass-engineered timber sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research. Access the Global Mass-Engineered Timber Industry Data Book, 2023 to 2030, Compiled Report By Grand View Research Cross laminated Timber Market Report Highlights The global cross laminated timber market size is expected to reach USD 1.18 billion in 2022, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15% from 2023 to 2030. • The adhesive bonded Cross Laminated Timber (CLT) segment accounted for the highest revenue share of 88.2% in 2022 due to its well-developed traditional market in Europe and North America, and the high strength of adhesives used for the bonding of planks. The manufacturing cost of adhesive bonded cross laminated timber is less as compared to mechanically fastened cross laminated timber, owing to less usage of machinery. In addition, the adhesive-bonded cross laminated timber panels can be converted to biofuel pellets at the end of their life cycle • The residential application segment led the cross laminated timber market in 2022 and is expected to expand at a CAGR of 15.2% over the forecast period 2023-2030, owing to the rising residential construction globally owing low-interest rates on housing loans and government initiative for the development of residential apartments • Europe is expected to dominate the regional market for cross laminated timber and accounted for a CAGR of 14.6%, owing to the growth of residential construction activities in the region. Germany is one of the largest manufacturing destinations globally for automobiles, chemicals, fast-moving consumer goods (FLCGs), food & beverages, and pharmaceuticals. As a result, the companies dealing in the above mentioned products have established their commercial offices and manufacturing units in the country. This is projected to offer vast application scope for cross laminated timber in new establishments in Germany • Governments in several countries, such as Qatar, UAE, and Lebanon, are greatly emphasizing sustainability and have created various green building rating systems for the incorporation of environmental aspects in the modern construction industry. For instance, as per Qatar’s global Sustainability Assessment System (GSAS), the country is promoting the usage of eco-friendly materials for construction as a substitute for traditional materials, thus driving the market growth of cross laminated timber market • The market players focus on gaining various constructional projects in institutional and industrial construction, replacing concrete as a primary building material to gain a competitive advantage. Small-scale players in the market are also adopting such strategies to increase their penetration in the market Order your copy of Free Sample of “Mass-Engineered Timber Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” published by Grand View Research Laminated Veneer Lumber Market Report Highlights The global laminated veneer lumber market size is expected to reach USD 1.07 billion in 2022, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2023 to 2030. • The laminated veneer lumber (LVL) product category is one of the most cost-effective sustainable building materials that offer high reliability and extreme structural strength. • LVL material offers a wide range of products for construction applications such as headers, roadway signposts, I-joists, columns, beams, and lintels formwork. • In addition, the high strength capabilities of LVL material when compared with solid timber positions it as an ideal choice for the construction of trusses, truss chords, pitched rafters, and purlins. • Although currently, the residential application segment is dominating the market for laminated veneer lumber, the non-residential applications are expected to witness significant growth over the forecast period. • This growth is expected to be backed by the effective, efficient, and economical structural solutions provided by the LVL portal frame material. Glue Laminated Timber Market Report Highlights The global glue laminated timber market size is anticipated to reach USD 7.24 billion in 2022, according to a new report by Grand View Research, Inc. expanding at a CAGR of 4.6% from 2023 to 2030. • The market is likely to register a CAGR of 5.9% in terms of value from 2017 to 2025 on account of growing concerns regarding environmental degradation as well as increasing awareness among consumers. The residential segment is expected to exhibit the highest CAGR from 2017 to 2025 owing to the expanding application scope in the sector for glulam due to its aesthetic appeal. • Europe was valued at USD 2.13 billion in 2016 and is expected to witness significant consumption in the future, aided by the presence of Italy and Germany as major markets for glulam • Key market players include Boise Cascade Co.; Calvert Company, Inc.; Pfeifer Holz GmbH; Setra Group AB; Canfor Corporation; Schilliger Holz AG.; Structurlam; Mayr-Melnhof Holz Holding AG; Binderholz GmbH; B & K Structures; Eugen Decker Holzindustrie KG; and Meiken Lamwood Corp. The companies mainly focus on extensive innovation and increasing their production capacities to meet the global demand. Go through the table of content of Mass-Engineered Timber Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape The mass-engineered timber market is less competitive owing to the presence of a limited number of manufacturers consolidated majorly in Europe and North America, serving major geographies across the globe including Asia Pacific. These manufacturers compete based on product quality such as wood thermal resistance, surface finish, and prices to increase their applications in commercial, industrial, and residential buildings. The market players focus on gaining various construction projects in institutional and industrial construction, replacing concrete as a primary building material to gain a competitive advantage. Key players operating in the Mass-Engineered Timber Industry are – • Mohawk Industries, Inc. • Stora Enso Oyj • Mayr-Melnhof Holz Holding AG • Binderholz GmbH • XLam • Sterling Solutions LLC • Schilliger Holz AG • KLH Massivholz GmbH • B&K Structures • Eugen Decker & WebMan Global sealants sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book. Access the Global Sealants Industry Data Book, 2023 To 2030, Compiled And Offered By Grand View Research Construction Sealants Market Report Highlights The global construction sealants market is expanding at a CAGR of 4.6% from 2023 to 2030. • Construction sealants accounted for an industry share of 54.6% in 2022. The global construction industry is increasingly relying on sealants for a wide range of applications as they play a crucial role in sealing joints, gaps, and connections in various building components, ensuring their longevity and structural integrity. • Moreover, the demand for construction sealants is fueled by the need for flexible and durable solutions. Buildings are not static; they undergo movements due to factors like temperature changes and settling. • Sealants with high flexibility can accommodate these movements without compromising their sealing properties. Durable sealants are resistant to degradation caused by UV exposure and other environmental factors, ensuring long-lasting performance. • The residential application segment dominated the market with a revenue share of 49.8% in 2022. Sealants play a crucial role in residential construction activities, providing a protective barrier against moisture, air leakage, and other potential sources of damage. • These versatile substances are used in various applications throughout the building process, ensuring the longevity and performance of residential structures. • From sealing gaps and joints to preventing water intrusion, sealants offer an effective solution for maintaining the integrity of residential buildings. • Sealants are also widely used in waterproofing residential structures. Areas that are prone to water intrusion, such as bathrooms, kitchens, and basements, require effective moisture barriers to prevent damage caused by leaks and humidity. • Sealants are applied to surfaces like tiles, countertops, and shower enclosures, creating a waterproof seal that protects against water seepage and mold growth. • According to the US Census Bureau, the residential construction market witnessed a year-on-year growth of 1.6% in 2022. • Thus, the advancing construction industry is anticipated to drive the demand for sealants over the anticipated period. Order your copy of Free Sample of “Sealants Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Automotive Sealants Market Report Highlights The global automotive sealants market is expanding at a CAGR of 4.4% from 2023 to 2030. • Automotive sealants accounted for an industry share of 15.9% in 2022. Sealants play a crucial role in the automotive industry, providing a wide range of applications that contribute to the performance, durability, and safety of vehicles. • These versatile substances are used in various areas of automotive manufacturing and maintenance, ensuring the integrity of the vehicle's structure and components. From sealing gaps and joints to preventing leaks and corrosion, sealants offer an effective solution for enhancing the quality and reliability of automobiles. • Sealants are also used to prevent leaks in critical areas of the vehicle, such as the engine, transmission, and cooling system. • These sealants are specially formulated to withstand high temperatures, pressures, and chemical exposure. • They are applied to gaskets, seals, and other connections to ensure a reliable and leak-free operation. • By preventing leaks, sealants help to maintain the proper functionality and performance of these vital automotive systems. • Passenger cars application segment dominated the market with a revenue share of 59.6% in 2022. • One of the primary applications of sealants in passenger cars is in the sealing of gaps and joints. These gaps can occur between different components, such as doors, windows, and body panels. • Sealants are applied to these areas to create an airtight and watertight seal, preventing the intrusion of air, water, dust, and other contaminants into the vehicle's cabin. • By maintaining a tight seal, sealants contribute to the overall comfort and quietness of the passenger car's interior, while also improving energy efficiency by reducing air leakage. Go through the table of content of Sealants Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape The sealants market is a highly competitive and dynamic industry that offers a wide range of sealant solutions for various applications. To gain a competitive advantage in this industry, companies must remain attuned to industry trends, customer needs, and technological advancements. Key players operating in the Sealants Industry are – • 3M • Henkel AG & Co. KGaA • RPM International Inc. • Sika AG • Soudal Holding N.V. • DOW • Arkema Group • Pidilite Industries Ltd. & Co. KGaA • Huntsman • Wacker Chemie AG Global ceramics sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.
Access the Global Ceramics Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies. Traditional Ceramics Market Report Highlights The global traditional ceramics market size is expected to reach USD 136.66 billion in 2022 registering a CAGR of 4.9% according to a new report by Grand View Research, Inc. • In 2022, as per insights from the University of New South Wales (UNSW), traditional ceramics comprise three fundamental materials: silica (quartz), clay, and feldspar. Among these components, clay is the most widely utilized substance. This type of product is frequently employed in crafting porcelain tiles, clay bricks, and various tableware items. • The artware application segment held a market share of 6.4%, and it is expected to register a 4.1% growth rate in terms of revenue over the forecast period. • The increasing investments in the construction of new residential luxury buildings worldwide drive the growth of the segment. This leads consumers to spend increasingly on the decoration of new buildings with high-end ceramics artware such as sculptures and fountains. Advanced Ceramics Market Report Highlights The global advanced ceramics market size is expected to reach USD 102.87 billion in 2022, registering a CAGR of 5.6% according to a new report by Grand View Research, Inc. • Asia Pacific is expected to expand at the highest CAGR over the forecast period. Rising investments in electronics, EVs, and medical industry-related production facilities in the region are propelling the segment growth. • Based on material, zirconate is expected to witness considerable growth over the forecast period. Its increasing demand, especially in the medical industry, is anticipated to boost product demand over the coming years. • By application, electronic devices held the largest share of more than 47.0% in 2022 and this trend is expected to continue over the forecast period. Growing investments in the semiconductor technology and the telecom industry, coupled with the rising demand for gadgets such as laptops and smartphones, are fueling the segment growth. • On the basis of end-use, the medical segment is expected to grow at a significant rate across the forecast period. Growing R&D in the medical sector, especially after the pandemic, increasing penetration of advanced ceramic in medical equipment owing to its properties, and rising dental and orthopedic patients worldwide are anticipated to augment segment growth. Order your copy of Free Sample of “Ceramics Industry Data Book –Market Size, Share, Trends Analysis And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Competitive Landscape The participation of numerous manufacturers characterizes the global ceramics market, focused on developing ceramic products. These prominent companies compete against one another based on elements like product quality and cost. The Players participating in this market consistently develop new products to keep ahead of their rivals, which distinguishes the ceramics market globally. Key players operating in the Ceramics Industry are – • AGC Ceramics Co., Ltd • 3M. • CoorsTek Inc. • CeramTec GmbH • RAK CERAMICS • Kajaria Ceramics Limited • MOHAWK INDUSTRIES, INC. • Morgan Advanced Materials • Saint Gobain Global long steel products sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book.
Access the Global Long Steel Products Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies. Steel Rebar Market Report Highlights The global steel rebar market size was USD 258.44 billion in 2022, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.9% from 2023 to 2030. • Based on application, construction accounted for a revenue share of more than 55.0% in 2021, and this trend is expected to continue across the forecast period on account of rising construction activities across various economies • The Asia Pacific held a revenue share of over 60.0% in 2021. Growing construction spending on public infrastructure, coupled with commercial sectors, is propelling the product demand • Rising carbon footprints from the steel industry are compelling established players to switch to less energy-consuming methods. For instance, in April 2022, Nippon Steel Corporation acquired two Thailand-based EAF steelmakers for a sum of around USD 477 million. This acquisition is a step by Nippon Steel Corporation to cut its reliance on blast furnaces and reduce harmful emissions • Fiber-reinforced polymer (FRP) rebars are likely to substitute steel rebars owing to their high strength, lightweight, thermal resistance, and high corrosion resistance. The corrosive nature of the steel rebars impacts the lifespan of reinforced concrete structures Wire Rods Market Report Highlights The global steel rebar market size was USD 186.00 billion in 2022, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.6% from 2023 to 2030. • Wire rods are manufactured by drawing hot metals through shafts to develop wires with reduced diameters. • Wire rods represent the most ductile form of long steel products owing to their high ductility and easy availability in different diameters. They are widely used in construction and fencing applications. • Increasing investments in infrastructure development projects and flourishing construction and automotive industries worldwide fuel the global consumption of wire rods. • The demand for wire rods is closely linked to the construction sector, which tends to be cyclical and can be affected by factors such as interest rates, government policies, and economic growth. Order your copy of Free Sample of “Long Steel Products Industry Data Book –Market Size, Share, Trends Analysis and Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Steel Sections Market Report Highlights • The global steel pipes & tubes market size was USD 123.10 billion in 2022, according to a new report by Grand View Research, Inc., and is estimated to grow at a CAGR of 4.5% from 2023 to 2030. • Steel sections are commonly used in the construction industry, they also have a significant role in the automotive industry. • The demand for steel sections in the automotive industry is growing due to several factors, including safety requirements, lightweight, cost-effectiveness, design flexibility, durability, and corrosion resistance. • The non-residential construction segment held the largest revenue share of over 54.0% of the global market in 2022. • Growth in the non-residential construction industry, driven by urbanization, infrastructure development, and economic growth, has increased the demand for steel sections. Steel Pipes and Tubes Market Report Highlights The global steel pipes & tubes market size was USD 185.47 billion in 2022, according to a new report by Grand View Research, Inc., and is estimated to grow at 0a CAGR of 3.7% from 2023 to 2030. • Based on technology, the ERW segment is anticipated to register the fastest CAGR of 4.2% over the forecast period. The growth is attributed to its cost-efficient manufacturing process • Based on application, the chemicals & petrochemical segment is anticipated to grow at the fastest CAGR of 3.9% from 2023 to 2030. Steel pipes & tubes find use in petrochemical processing plants for refining processes owing to their characteristics such as high oxidation and corrosion resistance • Based on region, North America held the second-largest revenue share in 2022 of the global market. The growth is anticipated to be driven by increasing investment in offshore oil & gas production • Increasing investment in the construction of pipeline networks to supply oil and gas is expected to propel the demand for steel pipes over the forecast period. For instance, in December 2021, Indian Oil announced an investment of USD 1.19 billion for the construction of a new crude oil pipeline in India Go through the table of content of Long Steel Products Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape Key players operating in the Long Steel Products Industry are –
Ferroalloys Industry To Grow Significantly Owing To The Increasing Steel Production Around The Globe10/26/2023 Ferroalloys industry data book covers ferro manganese, ferrochrome, silico manganese and ferrosilicon market.
Global ferroalloys industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book. The global ferroalloys market size was valued at USD 42.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% from 2021 to 2028. Ferro Manganese Market Analysis & Forecast The global ferro manganese market size was valued at USD 14.2 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2020 to 2027. The rising demand for the grade in stainless steel production is projected to aid market growth over the forecast period. Demand for stainless steel from various industrial sectors observed steady growth over the past few years, which positively influenced the production dynamics. The use of ferro manganese to substitute nickel in stainless steel production has widely gained popularity around the globe. Thus, the market for ferro manganese is projected to be driven by a steady production of stainless steel over the forecast period. Asia Pacific dominated the market and accounted for over 51.0% share of the global revenue in 2019. China, which is the largest steel producer and consumer, is projected to remain a key market in the region over the forecast period. The emerging markets for ferro manganese in Asia Pacific are India, Vietnam, Malaysia, and Indonesia. These emerging markets, coupled with China, are projected to generate lucrative opportunities for the vendors of ferro manganese in the region. Europe emerged as the second-largest regional market in 2019. North America is projected to exhibit a volume based CAGR of 2.0% from 2020 to 2027. The Middle East and Africa region is projected to witness slow growth as compared to its counterparts. Ferrochrome Market Analysis & Forecast The global ferrochrome market size was valued at USD 16.77 billion in 2018 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2019 to 2030. Increasing stainless steel production around the globe is a significant factor driving the market growth. Ferrochrome (FeCr) is added to stainless steel to enhance its appearance and impart corrosion resistance. The minimum FeCr content in stainless steel is 10%, while the average content is 18%. The dynamics of the stainless steel industry play a crucial role in influencing FeCr supply and demand, as it accounts for the majority of ferrochrome consumption. Growing manufacturing activities and increasing foreign investments are some of the major factors driving the stainless steel market in the region. Foreign investments help to boost the growth of manufacturing sectors such as construction, heavy machinery, consumer goods, and automotive. As per the United Nations Conference on Trade and Development, the inward foreign direct investment (FDI) rate for Asia was 9.1% in 2017, the highest of all regions. Asia Pacific dominated the global ferrochrome market and accounted for the largest revenue share of 61.8% in 2022. This dominance can be attributed to significant stainless steel production in the region. China, known as the largest producer and consumer of stainless steel globally, observed a 1.64 percent year-on-year increase in its stainless-steel output, surpassing 30.6 million tons in 2021. Europe is expected to grow at a CAGR of 6.4% during the forecast period. Europe is characterized by the presence of a large number of automakers and auto component manufacturers in Germany and a massive aerospace manufacturing sector in France. In North America, the U.S. is a considerably larger market for ferrochrome when compared to Canada and Mexico. The Central & South American market is mainly driven by the rising production of specialty and stainless steel in Brazil. Order Free Sample Copy of Ferroalloys Industry Data Book, published by Grand View Research Silico Manganese Market Analysis & Forecast The global silico manganese market size was valued at USD 26.74 billion in 2021 and is estimated to expand at a compounded annual growth rate (CAGR) of 6.5% in terms of revenue from 2022 to 2033. Rising demand for steel products in the construction & infrastructure industry is anticipated to drive the market growth over the forecast period. Silico manganese is used in steel manufacturing to improve its properties such as strength, ductility, and corrosion resistance. It is also used in refining, deoxidizing, modification, and control of nonmetallic inclusions. Thus, rising production and consumption of steel are likely to have a positive impact on market growth. Over the course of the projected period, it is anticipated that rising investments in steel production facilities would increase demand for silico manganese in the U.S. For instance, by the end of 2023, a sum of around USD 16.00 billion is anticipated to be invested in the U.S. steel industry for modernizing, decarbonizing, and electrifying manufacturing facilities. Rising investments in residential and non-residential construction projects are anticipated to increase steel demand in the U.S., which is therefore anticipated to positively impact the silico manganese industry across the forecast period. Asia pacific dominated the market and accounted for over 73.0% share of global revenue in 2021. Over the forecast period, the Middle East & Africa is anticipated to register a CAGR of 5.8%, in terms of revenue. Central & South America is likely to witness a CAGR of 4.9%, in terms of revenue, over the forecast period. Ferrosilicon Market Analysis & Forecast The global ferrosilicon market size was valued at USD 11.25 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030. The growth is anticipated to be driven by the rising use of ferrosilicon as a deoxidizer in the steel industry and as an inoculant in cast iron. Growing demand for steel is compelling producers to increase their production capacity. For instance, in January 2022, AM/NS India signed an MoU with the Government of Gujarat, under which the company will invest over USD 22.0 billion in six projects across the state. An investment of USD 5.97 billion will be for expanding its steel production from 8.6 to 18.0 million tons per annum in the Hazira plant. The growing investments in the infrastructure have increased competition in the industry, compelling market players to indulge in mergers & acquisitions and capacity expansions. For instance, in December 2020, Cleveland-Cliffs Inc. acquired ArcelorMittal USA and its subsidiaries. The acquired assets will be combined with existing facilities, transforming the company into a vertically integrated producer of iron and steel. Furthermore, growth in the electric vehicles (EVs) industry is benefitting market growth. For instance, in November 2021, POSCO announced to invest KRW 1 trillion (~USD 831.4 million) in building a non-oriented electrical steel plant with an annual production capacity of 300 kilotons in Gwangyang. The plant will cater to the drive motors of EVs. Asia Pacific held the largest revenue share of over 66.0% in 2022. According to the World Steel Association, China, India, and Japan were the top three crude steel producers in the world in 2021. Although China and Japan reported a decline in their production, India reported an increase of 4.7% from 2020 to 2021. North America is anticipated to register a CAGR of 2.2%, in terms of revenue, over the forecast period. In Europe, EV sales rose by 66%, reaching 2,332,000 units in 2021. Increasing sales are encouraging manufacturers to expand EV production. Go through the table of content of Ferroalloys Industry Data Book to get a better understanding of the Coverage & Scope of the study. Ferroalloys Industry Data Book Competitive Landscape The industry is expected to witness additional investments from established major companies in the next years owing to the competitive market outlook. For instance, Zimasco, a Sinosteel Corporation affiliate, has announced an investment of USD 35.0 million for the expansion of ferrochrome manufacturing capacity. A new project with an increased capacity of 72 kilotons per year is planned to start at the Kwekwe ferrochrome smelting plant. The market is expected to see more competitive rivalry as production capacities rise to fulfil the demand for steel. Key players operating in the ferroalloys industry are – • Arcelor Mittal • Brahm Group • China Minmetals Group Co., Ltd. • Elkem ASA • EMCO • Eramet Group • Eurasian Resource Group • Ferroalloys Corporation Limited • Ferroglobe • FINNFJORD AS • Glencore • Gulf Manganese Corporation Limited • IMFA • Jindal Group • Monet Group • NIPPON DENKO CO., LTD • OM Holdings Ltd. • Russian Ferro-Alloys Inc. • S.C. Feral S.R.L • Sabayek • SAIL • SAKURA FERROALLOYS • Samancore Chrome • Shanghai Shenjia Ferroalloys Co. Ltd • SINOGU CHINA • South32 • Steelforce • Tata Steel • TNC Kazhachrome JSC • Vale • VBC Ferroalloys Limited Flooring industry data book covers ceramic tiles, resilient flooring, soft covering flooring, wood & laminate flooring market.
Global flooring industry data book by Grand View Research’s is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research. The global flooring market size was valued at USD 266.48 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2030. Ceramic Tiles Market Analysis & Forecast The global ceramic tiles market size was estimated at USD 59,692.1 million in 2022 and is expected to witness a CAGR of 5.2% from 2022 to 2030. Growth in the construction of office spaces, shopping malls, lodging spaces, and other utility spaces across the globe is likely to ascend the demand for the products across the globe during the forecast period. The COVID-19 pandemic outbreak in 2020, created a severe impact on the market owing to a halt in building and construction activities due to lockdown strategies imposed by the government across the globe to curb the spread. In addition, lockdown across major ceramic tile-producing nations also created disruption in the global supply chain of the product. In the U.S., the demand for ceramic tiles is anticipated to accelerate over the projected period owing to increasing demand for single-family house constructions and strengthening residential replacement in the country. Regulations by the U.S. Green Building Council have mandated the use of eco-friendly construction materials, thereby positively influencing the industry growth. The ceramic tiles are distributed majorly through intermediaries that include distributors, wholesalers, and big-box retailers. Moreover, distributors and retailers also collaborate with construction companies and glues and adhesive providers for tile installation, and also architects and designers to cater to the expectations of the end-use customers. Resilient Flooring Market Analysis & Forecast The global resilient flooring market size was USD 29,225.3 million in 2022 and is expected to register a growth of 6.1% over the forecast period. This growth is attributed to the benefits of resilient flooring such as impact & scratch resistance, waterproofing, odor-proofing, and durability, in comparison to other flooring alternatives. In addition, the expansion of ultramodern workspaces and offices, and rapid urbanization, would further escalate the growth of the resilient flooring market. The U.S. dominates North America resilient flooring market, accounting for the highest revenue share in terms of consumption, owing to the increased penetration of the product in the residential sector, with an increasing number of single-family houses as well as the strengthening of the residential replacement market across the country. Recovery of the residential construction industry after the great recession in historic years has played an essential role in driving the demand for resilient flooring in a residential application. The emergence of India, Taiwan, and Mexico as the upcoming manufacturing hubs will not only result in the establishment of factories but also in the migration of large population close to these centers, thus resulting in the development of new cities or expansion of the existing cities. This factor is expected to play an important role in developing the market for resilient flooring over the forecast period. Order Free Sample Copy of “Flooring industry data book - ceramic tiles, resilient flooring, soft covering flooring, wood & laminate flooring market size, share, trends analysis, and segment forecasts, 2023 - 2030” Data Book, published by Grand View Research Soft Covering Flooring Market Analysis & Forecast The global soft covering flooring market size was estimated at USD 35,591 million in 2022 and expected to register a CAGR of 4.8% from 2022 to 2030. Rising demand for carpet tiles on account of availability in a range of colors, patterns, and textures is expected to drive the growth. Soft covering flooring manufacturers are involved in the production of different products including carpets and area rugs which such as roll goods, carpet tiles, bath mats, and broadlooms among others. Carpet tiles and broadloom are the majorly used soft covering floorings on account of superior attributes, such as flexibility and dimensional stability. The U.S. is expected to register significant growth over the forecast period on account of a rise in the construction of residential and commercial structures. Also, a rise in household refurbishing is expected to promote market growth in the country over the next seven years. A high volume of raw materials is required to manufacture the products with the majority being sourced from low-cost Asian manufacturers. An unanticipated termination or interruption in the supply of raw material, the fluctuating prices of raw materials, and fuel-related costs based on market conditions have a significant impact on the final prices of the product. Wood & Laminate Flooring Market Analysis & Forecast The global wood and laminate flooring market size was valued at USD 51,765.1 million in 2022 and is anticipated to expand at a CAGR of 6.0% over the forecast period. Factors such as the environmental profile, durability, and restorability physiognomies of wood and laminate flooring are expected to drive the demand. The market is anticipated to witness growth on account of the introduction of laminates and engineered wood floors that replicate the natural solid timber floors. Factors such as sophisticated appearance and ease of maintenance are the factors expected to propel the adoption of wood and laminate flooring. Advancements in designing and printing technology have made laminated floors look more realistic which has surged their popularity among consumers across the globe. Furthermore, technological advancements in engineered wood floors have contributed to the ascending product demand. The U.S. is anticipated to continue witnessing a significant demand for wood and laminate flooring products owing to consumer awareness regarding the advantages of the product. Moreover, growing construction activities in the industrial sector, such as work floors, assembly points, and collection facilities are likely to support product demand. Increasing trends for single-family housing units are likely to further fuel the growth of the market. Go through the table of content of Flooring Industry Data Book to get a better understanding of the Coverage & Scope of the study. Flooring Industry Data Book Competitive Landscape The manufacturers aim to achieve optimum business growth and strong market position through implementation of various strategies such as acquisitions, new product launch, collaborations, and strengthening of distribution network in the global as well as regional markets. Flooring material manufacturers aim to intensify their market positions by widening their customer base. Thus, multi-national players are aiming to achieve business growth in regional market by mergers, acquisition and other strategic initiatives. Key players operating in the flooring industry are – • Mohawk Industries, Inc. • Tarkett, S.A. • AFI Licensing • Burke Flooring Products, Inc. • Forbo Flooring • Shaw Industries, Inc. • Interface, Inc. • Gerflor • Mannington Mills, Inc. • Polyflor • RAK Ceramics • Crossville Inc. • Atlas Concorde S.P.A. • Porcelanosa Group • Kajaria Ceramics Limited Steel Industry Is Anticipated To Boost Due To The Rising Investments In Construction Activities10/17/2023 Global steel industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book. Steel is a vital industry for global economic growth. It is one of the key raw materials for building & construction and various manufacturing activities. As per the World Steel Association, the total value contribution by the steel industry is USD 2.9 trillion, which is equivalent to 3.8% of global GDP. Carbon Steel Market Analysis & Forecast The global carbon steel market size was valued at USD 887.7 billion in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.4% from 2020 to 2027. Increasing focus on infrastructure development particularly in Asia Pacific countries is projected to drive the consumption of carbon steel products over the coming years. The Asia Pacific is likely to attract nearly 50% of infrastructure investment over the coming years. Countries such as India, China, and Southeast Asian countries are spending higher portion of their budget on infrastructure development to boost the overall economic growth. Carbon steel finds numerous applications in infrastructure, wherein it is used in frame materials, pipelines, fencing, gates, and variety of structural sections. North America is likely to attain a CAGR of 3.1% from 2023 to 2030. In recent past, the demand for carbon steel in the U.S. benefitted from strong economic growth, which was driven by the government-led fiscal stimulus, leading to high business confidence. This led to high construction spending in the region. According to the statistics of the U.S. Census Bureau, the value of total construction put in place in U.S. increased by 10.6% in 2022 from 2021. Stainless Steel Market Analysis & Forecast The global stainless steel market size was valued at USD 104.23 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. The private and public investments in infrastructure, as well as residential housing, is likely to provide a boost to the stainless-steel demand. Stainless steel (SS) is an important material in industrial applications such as building & construction, infrastructure, railways, automotive & transportation, and process industries. Stainless steel has a unique edge over carbon steel as it has a combination of properties such as pliability, strength, corrosion resistance, aesthetic properties, low maintenance cost, and average product life cycle. These properties along with increasing penetration in numerous applications is anticipated to drive the market growth. Asia Pacific dominated the regional segment and held the largest revenue share of over 68.0% in 2022 owing to the rapidly expanding defense, machinery, automotive, and shipbuilding industries in countries such as India, China, South Korea, and Japan. Order Free Sample Copy of “Steel Industry Data Book - Stainless Steel, Carbon Steel, Electrical Steel, Weathering Steel and Sintered Steel Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Structural Steel Market Analysis & Forecast The global structural steel market size was valued at USD 96.94 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2021 to 2028. Infrastructural developments, in both developing as well as developed countries, are anticipated to remain primary factors driving the demand for structural steel. The growing housing needs, as a result of the increasing population across the globe, is also among the key factors driving the product demand. As per the projections estimated by the United Nations, the global population will reach 11.2 billion by 2100, which, in turn, is expected to augment the demand for new houses, thus, indirectly contributing to the growth of the market. The growing preference for sustainable materials is driving the market in the U.S. Electrical Steel Market Analysis & Forecast The global electrical steel market size was evaluated at USD 23.4 billion in 2020 and is expected to grow at a compounded annual growth rate (CAGR) of 4.9% from 2021 to 2028. Increasing electricity generation worldwide is one of the key driving factors for market growth. As the name implies, electrical steel possesses enhanced electrical properties such as high permeability, high electrical resistivity, low hysteresis loss, and low magnetostriction. These properties make it highly desirable for applications related to electricity consumption, distribution, and generation. Electrical steel finds application in generators, electric motors, relay, solenoid, and other electromagnetic devices, which are further used in power distribution systems and other related applications. The U.S. is the second-largest electricity generator in the world. In 2020, the country generated around 4,000 TWh of electricity from its utility-scale generators and reported an increase of 16.7% from 2019 in power generation by renewables. Weathering Steel Market Analysis & Forecast The global weathering steel market size was USD 987.2 million in 2018 and is anticipated to expand at a CAGR of 5.6% from 2019 to 2025. The growth is attributed to the rising demand from construction industry owing to the remarkable properties of the product in terms durability, low maintenance, and greater life cycle. The phenomenal properties of weathering steel such as corrosion resistance, high strength, high-temperature resistance, and fatigue resistance make it suitable in outdoor decorations and buildings. According to the Institution of Civil Engineers, the global construction output is anticipated to reach USD 15.5 trillion by 2030. This is likely to augment the market growth in near future. Sintered Steel Market Analysis & Forecast The global sintered steel market size to be valued at USD 124.8 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% during the forecast period. The growing emphasis towards production of metal parts at low cost with reduced wastage and increased accuracy is anticipated to drive the market growth, especially in the automotive industry. Steel is a preferred alloy in industrial applications for producing parts that exhibit characteristics such as high strength and corrosion resistance. Sintering offers added advantages in comparison to other processes such as casting, stamping, and cutting. Along with the freedom of complex design, production of sintered steel parts reduces machining cost and wastage significantly, which are anticipated to augment market growth. In 2019, North America accounted for over 25% of the global market, in terms of volume. The growth in the automotive industry is anticipated to emerge as a key driving factor for the market to flourish in North America. The new USMCA agreement, which clearly states that automobiles must have 75% of their components to be manufactured in either of U.S., Canada, or Mexico for it to be qualified for no tariffs is propelling manufacturers to set up plants in North America for gaining the leverage of zero tariffs, larger customer base, and advanced technology. Go through the table of content of Steel Industry Data Book to get a better understanding of the Coverage & Scope of the study. Steel Industry Data Book Competitive Landscape The outlook for the steel markets has weakened quickly in the last quarter of 2022. Factors responsible for weaker prospectus include high energy prices, the global economic slowdown, rising inflation and the impacts of Russian war against Ukraine and sharp decline in the real estate sector and rising COVID infections. Global crude steel production has declined sharply in 2022 as the demand has contracted at the global level. Key players operating in the steel industry are – • Ansteel Group • ArcelorMittal • Baotou Steel • China Baowu Group • China Steel Corporation • Cleveland-Cliffs • Delong Steel Group • Fangda Steel • Gerdau S.A. • HBIS Group • Hyunda Liuzhou Steeli Steel • IMIDRO • JFE Steel Corporation • Jianlong Group • Jingye Group • JSW Steel Limited • Liuzhou Steel • Nippon Steel Corporation • NLMK • Nucor Corporation • POSCO • SAIL • Shagang Group • Shandong Steel Group • Shougang Group • Sinogiant Group • Tata Steel Group • Techint Group • U. S. Steel Corporation • Valin Group Adhesive tapes industry data book covers pressure sensitive adhesive tapes, building & construction tapes, unidirectional tapes, automotive adhesive tapes, and UV tapes market. The global animal feed industry was estimated at USD 72.20 billion in 2022 and is anticipated to grow at a compound annual growth rate of 5.0% from 2023 to 2030. Global adhesive tapes sector data book, offered by Grand View Research is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book. Pressure Sensitive Adhesive Tapes Market Analysis & Forecast The global pressure sensitive adhesive tapes market size was valued at USD 63.37 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2030. The rise in concerns regarding automobile light weighting across the globe has led to increased adoption of pressure sensitive adhesive tapes through the substitution of conventionally used products such as fasteners and adhesives. The increasing population coupled with rapid urbanization and industrialization in emerging economies is projected to prompt governments to increase their construction spending in order to cater to rising infrastructure needs. This, in turn, is anticipated to fuel the demand for pressure sensitive adhesive sheets in various construction applications over the forecast period. Pressure-sensitive strips are manufactured from a combination of adhesives, carriers, and liners. The adhesives are capable of attaching or bonding surfaces or components to form an attachment. These are used to bond metals, plastics, wood, glass, and foams. The significantly used adhesives in pressure sensitive adhesive strips include silicone, acrylics, and rubber. The carriers are used to apply sealants and liners to help maintain a barrier between two surfaces of dual-sided videos. The carrier material is majorly made of paper and plastic. Building & Construction Tapes Market Analysis & Forecast The global building & construction tapes market size was estimated at USD 4.64 billion in 2022 and is expected to register a CAGR of 5.0% over the forecast period. Rapid growth of the construction industry in Asia Pacific coupled with increasing penetration of adhesive tapes in the industry for bonding of trims and window attachments, is expected to drive growth. Building and construction tapes are used in residential, commercial, and industrial buildings for bonding and mounting components on doors and windows, decorative trims or wall coverings, panels to frames, and protective bumper rails to furniture and walls. These products are used as carpet, duct, double-sided, UV resistant, and masking tapes. Increased demand for taping materials in the developed economies, such as Germany and the U.S. for various applications in the residential sector, is likely to drive the demand for building and construction tapes. In addition, rising awareness regarding the superior aesthetic appeal provided of these products, coupled with the ease of building refurbishing, is expected to complement growth over the forecast period. Order Free Sample Copy of Adhesive Tapes Industry Data Book, published by Grand View Research Unidirectional Tapes Market Analysis & Forecast The unidirectional tapes market size was estimated at USD 236.3 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.0% from 2023 to 2030. The rapidly increasing demand for lightweight components in the automotive and aerospace industries is expected to drive the demand for unidirectional (UD) tapes over the forecast period. Temporary closure of industrial operations to curb the spread of COVID-19 outbreak across the globe had negatively impacted the manufacturing operations in 2020. Thus, hampered the product demand in the automotive and aerospace parts manufacturing operations. A surge in the usage of automotive adhesive tapes for bonding electronic products in car interiors, coupled with the rising production of electric and hybrid vehicles in the U.S., is projected to fuel the growth. The market is expected to be driven by the growth in the usage of UD tapes as a replacement for metals in exterior and interior systems in automobiles and aircraft for reduction of their overall weight by about 40%, to achieve high fuel efficiency levels, and reduce the emission levels to the outer atmosphere. The market growth is expected to be restrained by the high cost of unidirectional tapes as compared to metals. The manufacturers usually prefer metals in all major applications to reduce their production costs. Furthermore, the market is concentrated in North America and Europe, due to which, the product adoption is significantly low in other regions, thus limiting the market growth. Automotive Adhesive Tapes Market Analysis & Forecast The global automotive adhesive tapes market size was estimated at USD 3.43 billion in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 5.0% from 2023 to 2030. Rapid replacement of nut bolt fasteners to reduce vehicle weight and improve aesthetics is expected to drive the tapes market over the forecast period. The market is likely to witness a growing demand from aftermarket sales as vehicle modifications and performance enhancements are considerably upscaling. The market for automotive adhesive tapes is finally reaching pre-COVID levels, with a strong growth rate predicted over the projection period, owing to the economic recovery in most emerging countries. The frequent suspension of public transportation, along with the virus's highly infectious nature, fueled demand for passenger automobiles, driving the demand for automotive adhesive tape products. However, unexpected circumstances resulting from the pandemic's third and subsequent waves are reflecting a gloomy picture. UV Tapes Market Analysis & Forecast The global UV (Ultraviolet) tapes market size was valued at USD 514.0 million in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 9.0% from 2023 to 2030. UV tapes are a part of pressure sensitive adhesive (PSA) tapes and are characterized by strong adhesion properties. These are used in the electronics industry for wafer dicing, back grinding, PCB grinding, and glass dicing applications. Growing electronics and semiconductor industries are expected to drive the market over the forecast period. Polyolefin (PO) UV tapes segment held the largest share in the U.S. in 2015. They are known to exhibit strong adhesion properties, along with superior performance in extreme heat and pressure, a courtesy which, they were most widely used. Growing demand for polyolefin UV tapes in the wafer dicing application is expected to drive the industry over the forecast period. Asia Pacific was the largest UV tapes market accounting for over 50% of the global revenue in 2015. This region witnessed a high growth of the electronics industry in the past few years. The North America market size was over USD 60 million in 2015, the second largest after Asia Pacific. This region is expected to grow in accordance with the U.S. industry growth. Europe is expected to grow at a relatively slower rate over the forecast period, as the market in most of the countries in this region is mature. However, Germany and France, with growing semiconductor and electronics industries, are expected to exhibit reasonable growth from 2016 to 2025. Go through the table of content of Adhesive Tapes Industry Data Book to get a better understanding of the Coverage & Scope of the study. Adhesive Tapes Industry Data Book Competitive Landscape The global adhesive tapes market is moderately competitive, with established players having significant experience, enabling them to devise better growth strategies as compared to other players. Companies such as Avery Dennison, 3M, Scapa, and Jostick Adhesive are integrated across the value chain, which enables them to have control over the raw material supply. These integrated companies can reduce the overall production cost through captive consumption, which leads to a higher profit margin. Key players operating in the adhesive tapes industry are – • 3M • Nitto Denko Corporation • tesa SE • LINTEC Corporation • Intertape Polymer Group • Berry Global Inc. • DuPont • HB Fuller Company • Henkel AG & Co. KGaA • Lohmanh GmbH & Co. KG Filters industry data book covers mobil & engine filters, hydraulic & lube filters, process filters, industrial air filters, compressed air dryers and compressed air filters market.
The global filters market size was estimated at USD 40,187.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. Global filters industry database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research. Mobil & Engine Filters Market Analysis & Forecast The global mobil & engine filters market size was estimated at USD 11,152.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030. Fuel filters segment dominated the mobil & engine filters market in 2022, with a share of 38.4%. Fuel filters are an essential component for internal combustion engines as they screen the fuel for possible contaminants. The truck companies are investing on increasing their production capacities with increase in demand, thus leading to increased demand for fuel filters. Furthermore, adoption of MRO services by several trucking and transport agencies for timely maintenance of their truck and bus fleet. Is expected to increase the aftermarket sales for fuel filters. Engine air filters segment accounted for the second largest share of the mobil & engine filters market in 2022, with a share of 37.5%. This is attributed to the growing maintenance, repair, and overhaul industry for automobiles. The filters need to be periodically to prevent clogging of engine air systems. Innovations by companies toward increasing the service life of filters along with enhancing their strength and filtering capacity are expected to create new growth opportunities in the market. Hydraulic & Lube Filters Market Analysis & Forecast The global hydraulic & lube filters market size was estimated at USD 5,081.3 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030. A rise in product demand in various application industries including automotive, power generation, marine, manufacturing, construction, mining, and agriculture is expected to add growth prospects to the market over the forecast period. The performance of every hydraulic filter is measured based on its contamination removal efficiency, thus ensuring reduction or no hydraulic fluid leakage due to clogging in the hydraulic system. The pressure side filters are anticipated to dominate the overall hydraulic & lube filters market in 2022 followed by the return side filters and the trend is likely to ascend at a positive rate over the forecast period owing to their wide application especially in the construction application segment. Pressure side filters help remove particles and contaminants from oil used in a hydraulic system. These filters are placed between the pump and actuators and used for medium to high-pressure hydraulic filtration. High-pressure filter is the most common type of pressure filter used in the hydraulic system. These filters are stocked with a bypass check valve, which is fitted directly in the back of the pump that enables it to become main filter for the complete flow for oil that helps to protect all hydraulic component against wear and tear. Order Free Sample Copy of Filters Industry Data Book, published by Grand View Research Process Filters Market Analysis & Forecast The global process filters market size was estimated at USD 15,372.2 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. Liquid filtration systems dominated the process filters market in 2022, with a revenue share of 68.20%, and is expected to rise at a CAGR of 6.4% over the forecast period. This is attributed to widespread usage of liquid filtration systems in several industries including food & beverage, wastewater treatment, power generation, mining, chemicals, and pharmaceuticals, for removal of contaminants from process water, chemicals, and beverages. Several kinds of process filters such as backflushing filters, bag filters, cartridge filters, and membrane filters are utilized for liquid filtration applications in marine, food & beverages, water & wastewater treatment, power generation, chemicals, pharmaceuticals, mining, microelectronics, and snowmaking industries. They are used for filtering out oils, process water, wine & other beverage items, and chemicals. Industrial Air Filters Market Analysis & Forecast The global industrial air filters market size was estimated at USD 2,949.3 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030. The use of industrial air filters in verticals dealing with manufacturing processes is expected to increase the product demand over the forecast period owing to the increasing concern towards reducing the risk of microbiological as well as molecular contamination in industrial premises. Industrial air filters products such as dust collectors, oil mist collectors, HEPA filters, and wet scrubbers are commonly used industrial air filters in various end-use industries to help control the generation of hazardous, toxic, and radioactive gas streams. Compressed Air Dryers and Compressed Air Filters Market Analysis & Forecast The global compressed air dryers and compressed air filters market size was estimated at USD 5,631.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2030. Extensive use of compressed air dryers and air filters for removing particulate, oil, and mist, which could affect the performance of compression systems used in various end-use industry is expected to increase the product utilization over the forecast period. Oil removal application is expected to dominate the market in 2022 based on revenue and the trend is expected to remain the same over the forecast period. This growth in the application segment is attributed to the extensive accumulation of fluid during the operation which gets spilled from the hydraulic system or during refueling activities especially in machining, construction, and automotive industries. Extensive use of compressed air in oil & gas industries involving operations such as oil transport, powering pneumatic tools, fans & pumps, and cleaning is anticipated to have a positive impact on the market growth over the forecast period. The use of dryers and filters to separate water vapors and contamination from crude oil & natural gas helps in minimizing hydrate formation, combustibility issues, and line regulator freezing. Go through the table of content of Filters Industry Data Book to get a better understanding of the Coverage & Scope of the study. Filters Industry Data Book Competitive Landscape Key players are notably investing in research and development activities and continuously launching new products and services in the market to enhance customer productivity, thereby attaining business growth in the market. In addition, they are focusing on attracting and developing a qualified workforce and training them to develop their skills for the long-term benefit of the company. Furthermore, key participants are taking efforts to increase market penetration & presence and offer expanded product offerings in the selected market segments. Key players operating in the filters industry are – • 3M • Parker Hannifin Corporation • Donaldson Company, Inc. • Man+Hummel GmbH • Cummins Inc. • Santorius AG • Danaher Corporation (Pall Corporation) • Camfil Group • American Air Filter Company, Inc. • SOGEFI Spa • HYDAC • Filtration Group • Atlas Copco • Ingersoll Rand • SPX Flow Earthmoving equipment industry data book covers excavator, loader, motor grader, dumper, and dozer market.
The global earthmoving equipment industry was valued at USD 85,892.1 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030. Increasing infrastructure development activities in developing countries and a rise in commercial and industrial construction activities is the primary factor expected to drive the growth of the global earthmoving equipment market. Countries such as India, China, and Australia are focused on improving the present infrastructure by initiating multiple projects related to roadway development, airport development, etc. This increasing infrastructure development activities and industrial construction projects call for heavy earthmoving equipment, such as excavators, loaders, dump trucks, etc. This machinery aids in tasks such as foundation digging, land leveling, and the transportation of heavy materials providing contractors an edge to overcome limitations pertaining to operations and time limitations. Excavator Market Insights The global excavators market size was valued at USD 40,006.1 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. Due to increased investments in the construction sector, particularly in growing nations like India, China, and South Korea, the Excavator industry has experienced significant growth. Excavators are pieces of hydraulic machinery with an arm-mounted bucket and an undercarriage. Global demand for excavators has increased as a result of an increase in the number of major road, port, mining, oil and gas construction projects. Another significant driving force for the excavator industry is the concept of excavator rentals, which allows manufacturers and operators to use the machinery to its fullest potential without having to make significant capital commitments. Asia Pacific dominated the market and accounted for the largest revenue share of over 40.5% in 2022. It is expected to register the highest growth rate of 5.7% during the forecast period. The construction industry is being supported by improving economic conditions and quick infrastructure development in growing economies like China, India, and South Korea. China dominated the excavator industry owing to the presence of major manufacturers and their increasing efforts to establish new production plants. Loader Market Insights The global loader market size was valued at USD 32,963.1 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. Growing infrastructural developments and large number of construction projects in the developing and emerging countries are contributing to the market growth. The infrastructure developments in such regions are likely to proliferate the demand for construction equipment, such as loaders, which are widely used for moving materials and lifting heavy loads at construction sites. The loaders are used for different kinds of activities including waste handling, material handling, and demolition of buildings and infrastructure. Increasing number of redevelopment projects has increased the prospects for waste handling and the demolition segment, which is expected to boost the demand for loaders. Asia Pacific dominated the market with a share of over 47.0% in 2019 and is anticipated to witness the fastest growth over the forecast period. North America is a prominent region and it plays a crucial role in the market. The growth of the region can be attributed to increasing demand for steer skid loaders in the region. Moreover, the region has a steady demand for backhoe loaders, whose sale has declined significantly in other areas, such as Europe. Order your copy of the Free Sample of “Earthmoving Equipment Industry Data Book - Excavator, Loader, Motor Grader, Dumper And Dozer Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Motor Grader Market insights The global motor grader market size was valued at USD 835.4 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. An increasing number of commercial, public, and residential construction projects and mining activities worldwide contribute to the uptick in motor grader demand. Favorable government investment in refurbishing existing public infrastructure and authorization to build new infrastructure, such as airports and roadways, is expected to instigate the growth of the motor grader industry within the forecast period. Major players within the motor grader industry landscape are investing in developing mechanically advanced motor graders. Asia Pacific region accumulated revenue of over 50% in 2022 and is expected to witness significant market growth over the forecast period, showcasing dominance in the motor grader market. Improvements in economy and infrastructure growth in emerging countries like India, South Korea, and China support the construction industry due to the established foothold of large manufacturers and their ongoing efforts to create new manufacturing facilities. Dumper Market Insights An increase in infrastructure, residential, and commercial construction has led to a surge in demand for the construction dumper market. The rise in population and increase in demand for highways, tunnels roads and bridges coupled with high infrastructural development taking place across the major economies specifically that includes emerging economies in the Asia Pacific such as Malaysia, India, and Indonesia and Middle East countries are expected to drive the growth of the market. Moreover, the government's initiatives to provide housing for the population in the middle- and lower-income classes, the need to improve transportation infrastructure in order to expand the nation's trade routes, and other factors are expected to drive the construction dumper market's growth over the forecast period. Dozer Market Insights The government's investments in metros, real estate, highway, and rail projects are a key element fueling the expansion of the dozer market. Furthermore, the rate of real estate development is rising as a result of numerous government housing projects in developed nations. The growth of the dozer market over the forecast period will be aided by factors such as low unemployment, rising disposable income, low building costs, corporate relocations, e-commerce expansion, and an increase in the number of warehouses, distribution centers, and other commercial properties. Go through the table of content of Earthmoving Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study. Earthmoving Equipment Industry Data Book Competitive Landscape The key strategies include strategic partnerships, collaborations, and agreements; new product development; mergers & acquisitions; and research & development initiatives. For instance, Catepillar acquires Kemper Valves and Fitting Corp. in order to expand it’s service offerings. Furthermore, the company also aims to improve cost structure, quality, reliability, delivery performance, and customer loyalty. Key players operating in the earthmoving equipment industry are – • Komatsu • Hitachi Construction Machinery • Caterpillar • John Deere • Volvo • CNH Personal protective equipment industry data book covers hand protection equipment, fall protection and respiratory protection equipment market. The economic value generated by the personal protective equipment industry was estimated at approximately USD 91.55 billion in 2021. Increasing awareness towards employee health and safety coupled with rising industrial fatalities in emerging economies due to lack of protective gear is expected to drive market growth over the forecast period. Grand View Research’s personal protective equipment industry databook is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook report and summary presentations on individual areas of research. Respiratory Protection Equipment Market Insights The global respiratory protective equipment market size was valued at USD 22.72 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2022 to 2030. The growing awareness about worker safety and stringent government regulations are expected to have a positive impact on the industry's growth. The demand for disposable masks during the COVID-19 pandemic surged significantly, requiring manufacturers to boost their production capacity. Furthermore, supply chain interruptions resulted in a lack of raw materials, causing prices to skyrocket. EPR manufacturers also began producing revolutionary solutions to combat the pandemic, which boosted the industry's growth. Worker safety has gained prominence in various end-use industries along with sustainability. North America led the global market and accounted for more than 29.6% of the global revenue in 2022. The increasing use of RPE in oil & gas drilling activities, electric power utility, and combustible dust industries has contributed to product penetration in the region over the past few years. Furthermore, stringent safety regulations are expected to be the key factors driving the market in North America over the forecast period. The strong presence of oil & gas reserves in Brazil, Argentina, Venezuela, and Columbia is expected to have a positive impact on the industry. In addition, the high potential of tight oil & gas in the Vaca Muerta field of Argentina is expected to boost the demand for new oil & gas refineries. The market in Asia Pacific is estimated to witness the fastest CAGR over the forecast period. The rising investments in the construction, manufacturing, and food & beverage sectors are anticipated to drive the product demand in the region. Stringent norms regarding employee health and safety in various high-risk activities are expected to drive product demand over the forecast period. An increasing number of respiratory hazards coupled with the growing requirement for highly effective RPE due to exposure to hazardous particulates in the majority of core industries, such as metal manufacturing, oil & gas, automotive, and refining, is expected to augment the product demand in Europe over the forecast period. Order your copy of the Free Sample of “Personal Protective Equipment Industry Data Book - Hand Protection Equipment, Fall Protection and Respiratory Protection Equipment Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Hand Protection Equipment Market Insights The global hand protection equipment market size was estimated at USD 29.59 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. The rising demand is attributed to the increasing concerns about hand hygiene and the product's efficiency in limiting the spread of COVID-19 in various end-use industries. The onset of the second wave of COVID-19 led to the shortage of hand protection equipment in hospitals and other sectors, such as manufacturing and construction. Various manufacturers started expanding their production at the end of 2020, thereby eliminating the demand-supply gap. North America dominated the global industry in 2021 and accounted for a 34.0% share of the overall revenue. The spread of COVID-19 in North America supported the regional market growth, owing to increasing healthcare expenditure, coupled with rising awareness pertaining to healthcare-acquired infections. Asia Pacific is expected to witness the fastest CAGR during the forecast period owing to the rapid spread of coronavirus and increased public-private partnerships in the healthcare industry. In addition, growing concerns regarding hygiene across the healthcare industry are expected to have a positive impact on the market growth. The increasing workforce, strict government regulations, and strict labor laws in CSA, coupled with expansion in the healthcare institutions, are expected to drive the industry. Stringent restrictions on medical drug research and workplace conditions in the healthcare and pharmaceutical industries are anticipated to drive the industry's growth. Fall Protection Market Insights The global fall protection market size was estimated at USD 2.61 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2022 to 2030. Favorable occupational safety legislations, together with the growing relevance of workplace safety and security, are expected to fuel industry expansion during the forecast period. Strict lockdowns implemented by governments across the globe, in light of the onset of the COVID-19 pandemic in 2020, had adversely affected the industry due to the partial and complete closure of industries, such as construction, mining, oil & gas, and manufacturing. Asia Pacific is estimated to register the fastest CAGR of 8.1% during the forecast period. The region’s need for industrial development is being driven by a significant increase in mergers and acquisitions, integration activities, and site relocations. Economic expansion in India, China, and Southeast Asian countries has increased the need for improved public infrastructure, such as roads, harbors, airports, and rail transportation networks. Furthermore, due to cheap manufacturing costs, multinational corporations are likely to construct production facilities in emerging countries of Asia Pacific. These factors are projected to support the region’s growth. North America is anticipated to dominate the market and held 29.4% of the global revenue share in 2021. The major revenue contributors to this market in the region are the U.S. and Canada. The market in this region is experiencing revenue growth as a result of rising worker safety concerns, early adoption of cutting-edge technology, and the existence of tight rules that require the use of fall protection equipment in many industries such as construction, oil & gas, manufacturing, and others. Go through the table of content of Personal Protective Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study. Personal Protective Equipment Industry Data Book Competitive Landscape The industry focuses on research & development activities to develop new technologies for manufacturing products and integration across various stages of the value chain to gain a competitive edge in the market. Strategies adopted by the companies usually include product portfolio expansion, product development, and distribution network expansion. Honeywell International, Inc. is one of the key players engaged in launching new products as a part of its strategic initiative. The products launched by the company in the last few years include portable gas detectors, Ne-Hon-6, and toxin-resistant hoods for firefighters. Moreover, the company is involved in technological advancements such as hands-free and wearable connected plant. Key players operating in the personal protective equipment industry are – • 3M • Honeywell International • Lakeland Industries Inc. • DuPont • Uvex safety • Mine Safety Appliances (MSA) Company • Kimberly-Clark Corporation • Radians • Gateway Safety, Inc. Long Steel Products Industry Is Driven By The Need To Replace Structurally Deficient Infrastructure8/30/2023 Steel is a vital industry for global economic growth and long steel products play a crucial role in the development of infrastructure across the globe. It is a key raw material used in producing long products for building & construction and various manufacturing activities. As per the World Steel Association, the total value contribution by the steel industry is USD 2.9 trillion, which is equivalent to 3.8% of global GDP. Access the Global Long Steel Products Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies. Steel Rebar Market Growth & Trends The global steel rebar market size is expected to reach USD 415.79 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% from 2022 to 2030. Increasing investments in infrastructure revamping projects and construction activities are anticipated to drive the market over the forecast period. Various infrastructure redevelopment projects dedicated to fueling economic growth across the world are projected to augment the demand for steel rebar during the forecast period. For instance, the Spanish government announced the Recovery, Transformation, and Resilience Plan to stimulate the economy from the crisis caused by the pandemic. Under the recovery plan, Spain is expected to receive USD 74.26 billion as a grant and USD 74.80 billion as a loan from the Recovery and Resilience Facility (RRF). Out of the total amount to be received, 15% is expected to be spent on infrastructure development projects in the country. In addition, rising investments in residential and non-residential construction activities across developing economies are projected to drive the market across the forecast period. For instance, in February 2022, Godrej Properties announced plans to make an investment of around INR 7,500 crore (~USD 937.3 million) in the next 1-1.5 years in the development and acquisition of new housing and commercial real estate projects in Mumbai, Delhi, Bengaluru, and Pune. Carbon Steel Pipe Fittings Market Growth & Trends The global carbon steel pipe fittings market size is expected to reach USD 10.39 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2022 to 2030. Moderate oil & gas exploration activities along with the rise in demand for petrochemical products are expected to assist the market growth. Investments associated with oil & gas exploration activities are expected to boost the demand for carbon steel pipe fittings in transportation and storage applications. For instance, In May 2022, Oil & Natural Gas Corporation (ONGC) announced an investment of USD 4.00 billion for exploration activities over the next 4 years. This is an increase of 150% in exploration expenditure compared to USD 2.70 billion from 2019 to 2022. Investments in water infrastructure in emerging countries such as India are anticipated to drive demand for carbon steel fittings during the forecast period.In 2019, the Government of India announcedan investment of USD 270 billion over the next 15 years for the expansion of water infrastructure. The projects under this investment include Namami Gange, river-linking, piped water supply, and Pradhan Mantri Krishi Sichai Yojna. Order your copy of Free Sample of “Long Steel Products Industry Data Book - Steel Rebar, Carbon Steel Pipe Fittings, Steel Pipes & Tubes and Steel Wire Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Steel Pipes & Tubes Market Growth & Trends The global steel pipes & tubes market size is anticipated to reach USD 231.1 billion by 2027 registering a CAGR of 6.2%, according to a new report by Grand View Research, Inc. Long-term demand for energy on the global level is anticipated to boost the market growth. According to the EIA, global energy consumption is projected to reach 736 quadrillion BTU by 2040 from 575 quadrillion BTU in 2015, witnessing an increase of 28%. The use of liquid fuels and petroleum is likely to grow from 90 million b/d in 2012 to 1000 million b/d by 2040 on a global level. The growth in demand for these liquid fuels is mainly due to the industrial and transportation sectors. Steel tubes are used in different applications in the oil & gas sector, wherein they are used in conveyor belt rollers, concrete pilings, and bearing casings. Dimensions including straightness, roundness, diameter, and wall thickness are crucial while selecting steel tubes in the oil & gas sector. The oil & gas application segment is anticipated to remain the dominant application segment over the forecast period. However, with the emergence of the global pandemic, the prices of crude oil tumbled, which directly impacted the industry. In addition, due to the imposed lockdowns and shutdowns, the global oil rig count plummeted over the first quarter of 2020, thereby leading to a decline in demand for steel pipes & tubes. Steel Wire Market Growth & Trends The global steel wire market size is expected to reach USD 156.32 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2030. The growth of the construction industry, coupled with rising investments in the power & energy sectors, is anticipated to augment market growth during the forecast period. Steel wires are elongated, thin, flexible thread-like products, that are drawn through circular-shaped dies from wire rods. Based on material, the carbon steel segment, owing to benefits such as high strength, low cost, and better conductivity, dominates the market with the highest share. These are vital in industrial applications and are used in making cords for reinforcing vehicle tires, prestressed concrete for supporting structures, and suspension bridges. Steel wire products are extensively used in numerous industries, including construction, automotive, energy, industrial, and agriculture. Construction is expected to maintain its dominance during the forecast period. Surging investments in the industry, especially after the economic downturn due to COVID-19, have aided in product demand. Governments are investing in infrastructural developments to revive their economies, which in turn is anticipated to benefit market growth during the forecast period. Go through the table of content of Long Steel Products Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape Key players operating in the Long Steel Products Industry are – • ArcelorMittal • AWAJI MATERIA CO., LTD. • Baosteel • Bassi Luigi & C.S.p.A • Bekaert • Delcorte • Erne Fittinga GmbH • Evraz Plc • Gerdau S.A. • Henan Hengxing Science & technology Co., Ltd • Hyundai Steel • JFE Steel Corporation • Jindal Steel & Power Ltd. (JSPL) • JSW Steel Limited • Kobe Steel Limited • Nippon Steel Corporation • NLMK • Nucor • PARKER HANNFIN CORPORATION • Rama Steel Tubes Ltd. • S.S.E. Pipefittings Limited • Steel Authority of India Ltd. (SAIL) • Tata Steel Group • Tianjin Huayuan Metal Wire Products Co.Ltd. • United States Steel • Wuhan Iron & Steel Corporation Grand View Research’s Long Steel Products Industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. Check out more Industry Data Books, published by Grand View Research About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Web: https://www.grandviewresearch.com/sector-reports-list Follow Us: LinkedIn | Twitter Heating Equipment Industry To Grow Up Due To Government Initiatives For Improving Energy Efficiency8/24/2023 Grand View Research’s heating equipment industry database is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.
Heat Pump Market Report Highlights The global heat pump market size is anticipated to reach USD 166.65 billion by 2030, expanding at a CAGR of 9.3% during the forecast period, according to a new report by Grand View Research, Inc. • In 2022, the air-source technology segment dominated with a revenue share of over 84.8%. The growth of this segment can be attributed to the benefits such as energy-efficient, low carbon emission, low maintenance, easy installation process, use in space heating and hot water, and high seasonal coefficient of performance • The residential application segment accounted for 79.9% of the global revenue share in 2022. Rapid urbanization coupled with increasing demand for energy-efficient products is expected to drive the demand for heat pumps in the residential sector • The industrial application segment is expected to witness a CAGR of 9.0% over the forecast period. The increasing number of new industrial facilities being established worldwide is fueling the global demand for heat pumps • Asia Pacific accounted for 53.1% of the global revenue share in 2022. The rising trend of shifting production bases to emerging economies, mainly China and India, is expected to positively influence the growth of the heat pump industry over the forecast period • In February 2023, Hitachi introduced the Yutaki M R32 monobloc air-to-water heat pump. Even in sub-zero temperatures, the 4-ton and 3-ton systems have 140°F heating capacity • In May 2022, Midea launched the EVOX heat pump system. The new product is available in six sizes from 1.5–5 tons. These are capable of 100% heating output at -20°C Access the Global Heating Equipment Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies. Unitary Heaters Market Report Highlights The global unitary heaters market size is anticipated to reach USD 3,122.6 million by 2030, growing at a CAGR of 3.9% during the forecast period, according to a new report by Grand View Research, Inc. • The electric unitary heaters segment led the market and accounted for a 44.7% share in 2022. These are ideal for commercial & recreational constructions, industrial plants, and special-purpose structures. Electric heaters are designed for even heat distribution and low installation and maintenance expenses • The gas-fired unitary heaters segment accounted for a 32.0% share in 2022. These have cheap installation costs and can heat huge areas. Modine, for instance, provides Effinity, which is the most efficient gas unit heater, with efficiencies ranging from 55,000 to 310,000 BTU/hr and efficiencies up to 97% • The commercial segment led the market and accounted for 42.8% of the revenue share in 2022. Small areas are heated with commercial unit heaters. Unit heaters, for instance, are generally situated near the entry point of a retail store or just inside the building near the loading dock • The residential segment is expected to witness a CAGR of 4.2% over the forecast period. The strong demand for home remodeling and upgrading is due to increased discretionary household spending (due to significant government stimulus). Much of this growth will come from the significant rise in spending on residential building construction. The growing residential construction is expected to drive the demand for unit heaters for residential applications • For models dually approved for commercial and residential applications, LF25-030 through LF25-0105, Lennox unit heaters are the most efficient in the 80% thermal efficiency class Warm Air Furnace Market Report Highlights The global warm air furnaces market size is expected to reach USD 10.8 billion by 2030, growing at a CAGR of 3.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. • The gas-warm air furnaces segment led the market and accounted for a 94.4% share of the global revenue in 2022. Gas-warm air furnaces are cost-effective and versatile. Moreover, when natural gas burns, it causes little impact on the environment while reliably keeping the area warm. These aforementioned factors are anticipated to drive the demand for gas-warm air furnaces in the coming years • The oil-warm air furnaces segment accounted for a 5.6% share of the global market in 2022. Oil-warm air furnaces are a popular alternative in areas of the country where natural gas is scarce. These provide a possibility to heat the area with renewable fuels. Several companies are now offering heating oil that has been combined with biodiesel, allowing their consumers to minimize their reliance on foreign oil while utilizing a domestic energy source. Moreover, biodiesel mixes emit fewer pollutants than pure heating oil • The commercial segment led the market and accounted for a 40.1% share of the global revenue in 2022. For commercial properties such as offices, factories, and warehouses, warm air furnaces are used to heat the space quickly and cost-effectively.Further, the U.S. government is working on various efforts to upgrade its community infrastructure • For instance, the U.S. Department of Transportation announced a USD 905.3 million investment in infrastructure development projects around the country in June 2021. The projects are carried out through the Infrastructure for Rebuilding America (INFRA) discretionary funding program. Twenty projects in twenty states are anticipated to be funded to rebuild bridges, ports, highways, and railroads. As a result, increased commercial building will likely boost the demand for warm air furnaces in the projected period • The residential application segment is expected to witness a CAGR of 3.5% over the forecast period. The Consortium for Energy Efficiency (CEE) reports that 50% of American houses utilize natural gas furnaces as their major source of space heating, making furnaces the most common type of residential heating system in the country. Thus, increasing the use of warm air furnaces for residential applications is expected to propel the demand in the coming years Order your copy of Free Sample of “Heating Equipment Industry Data Book - Heat Pump, Unitary Heaters, Warm Air Furnace and Space Heating Boilers Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research Space Heating Boilers Market Report Highlights The global space heating boilers market size is anticipated to reach USD 35.7 billion by 2030, growing at a CAGR of 3.4% during the forecast period, according to a new report by Grand View Research, Inc. • The electric space heating boilers segment is expected to witness a CAGR of 5.6% over the forecast period. Electric space heating boilers majorly use electricity instead of burning fossil fuels to heat water. The water stored inside the internal heating element is heated by passing an electrical current through a resistive conductor, which is how these devices work. Compared to combustion boilers and other alternative heating techniques, these take up a minuscule amount of area. They are, therefore simple to install in very small locations • The condensing space heating boiler segment accounted for a 90.4% share of the global market in 2022. Both non-condensing and condensing space heating boilers burn fuel, but the primary distinction is that condensing boilers have an energy efficiency of up to 99% while non-condensing boilers have an efficiency of only up to 78%. These use a flue gas heat recovery system to recycle waste heat from the flue to warm the cold water entering the boiler, which allows them to operate at a greater efficiency level • The commercial segment led the market and accounted for a 55.2% share of the global revenue in 2022. Commercial space heating boilers are commonly used to heat buildings such as apartment buildings, offices, schools, and hospitals. Moreover, as per the new guidelines issued by the U.S. Department of Energy (DOE), about one-fourth of commercial floor space is heated by commercial space heating boilers. These aforementioned factors are anticipated to propel the demand for space heating boilers over the forecast period. For instance, Ideal Commercial provides wall-hung, floor standing, and modular condensing commercial boilers in compact designs • The residential application segment is expected to witness a CAGR of 3.6% over the forecast period. Space heating boilers are typically used in the U.S. to heat residential spaces. Thus, the increasing use of space heating boilers for residential applications is expected to propel the demand in the coming years • For instance, HTP's domestic space heating boilers offer the highest levels of comfort and overall efficiency while requiring the least amount of maintenance and operating expense. A high-efficiency boiler from HTP can help users conserve both money and energy. These high-efficiency boilers, as opposed to conventional boilers, enable the boiler to operate for longer and with lower firing rates while maintaining the optimum temperature for the residential space Go through the table of content of Heating Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study. Competitive Landscape Key players operating in the Heating Equipment Industry are – • Lennox International, Inc. • Daikin Industries, Ltd. • Johnson Controls, Inc. • Robert Bosch GmbH • Carrier • Mitsubishi Electric Corporation • Danfoss • LG Electronics, Inc. • Johnson Controls, Inc Check out more Industry Data Books, published by Grand View Research About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Web: https://www.grandviewresearch.com/sector-reports-list Follow Us: LinkedIn | Twitter |
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