Compressed Air Treatment Equipment Market Growth Drivers, Statistics and Forecast Analysis Report till 2025

May 26, 2021: The global Compressed Air Treatment Equipment Market is expected to value at USD 11.2 billion by 2025. The market is subject to witness a substantial growth due to the growing concerns related to air pollution and increasing number of application in industrial sector. Growing awareness level among general population regarding air quality and development of sophisticated devices in manufacturing sector is expected to favor market growth over the next seven years. Globally, the compressed air treatment equipment industry is predicted to grow at CAGR of 6% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Major applications of compressed air treatment equipment include air purification and air treatment in various end-user industries across the globe. In addition, increasing demand for compressed air treatment equipment from food & beverages sector for processing application and limit contamination of food due to poor air quality is anticipated to drive the growth of compressed air treatment equipment market over the forecast period. Accumulation of moisture, hydrocarbon and particulate in air can contaminate end-product during the various manufacturing activities.

Use of compressor also contributes to the contamination of air in form of carryover and wear particles. These factors are expected to fuel market demand over the next seven years. However, lack of awareness among manufactures and lower maker penetration is estimated to limit market growth over the coming years. Yet, swift decline in the cost of compressed air treatment equipment and rising number of promotional activities by industry players is expected to offer future growth prospects for compressed air treatment equipment industry players in the upcoming years.

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Growing adoption of compressed air treatment equipment for air treatment helps to maintain compressed air system in optimized shape and removes humidity. Complete removal of humidity from compressed air system along with highly efficient cooling ensures low energy costs that supplements the lifecycle of tools and equipment. Compressed air treatment equipment plays a vital role in removing residual humidity, thus obtain dry air for several end use applications. Compressed air treatment helps to enhance the system efficiency and prolong product lifecycle by limiting effect of corrosion and rust.

The compressed air treatment equipment market is broadly categorized into five major segments based on the application type such as chemical industry, paper& paperboard sector, food & beverages industry, pharmaceutical sector and healthcare industry. The chemical segment is growing rapidly in the compressed air treatment equipment industry with substantial revenue generation in the last few years.

Growing popularity of compressed air treatment equipment in the chemical segment is attributed to the increasing use of compressor and to curb industrial air pollution. The food & beverages segment has also witnessed substantial growth owing to the growing requirement for sophisticated devices to minimize end product contamination.

The compressed air treatment equipment market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in air treatment sector, massive boom in manufacturing sector, rise in number of research & development activities in the region and existence of well-established infrastructure.

Asia-Pacific region is estimated to hold major market share in compressed air treatment equipment with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, increasing manufacturing activities, rising awareness level regarding air pollution, stringent government laws & regulation by local governments to curb industrial pollution, and significant investment by leading industry players considering potential growth opportunities in the region.

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The key players in the compressed air treatment equipment industry are Parker Hannifin Co., Ingersoll-Rand plc, Atlas Copco Ltd., Donaldson Company, Inc., Emerson Climate Technologies, Inc., Ingersoll-Rand plc, Parker Hannifin Co. and Gardner Denver, Inc.

Market Segment:

Compressed Air Treatment Equipment Product Outlook (Revenue, USD Million; 2014 - 2025)

    • Filters

        • Particulate filter/pre-filter

        • Coalescing filter/oil removal

        • Adsorber filter/oil vapor removal

        • Filtered centrifugal separator

        • High temperature afterfilters

        • Moisture separators

    • Dryers

        • Refrigerated dryers

        • Desiccant dryers

        • Membrane dryers

        • Deliquescent dryers

    • Aftercoolers

    • Others

Compressed Air Treatment Equipment End-use Outlook (Revenue, USD Million; 2014 - 2025)

    • Chemical

    • Paper

    • Food & beverage

    • Pharmaceutical

    • Healthcare

    • Others

Compressed Air Treatment Equipment Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East & Africa

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Polyether Ether Ketone (PEEK) Market Opportunity, Status and Forecast Analysis Report till 2024

May 26, 2021: The global Polyether Ether Ketone (PEEK) market is expected to grow at a staggering CAGR durinthe forecast period. Polyether ether ketone is a semi crystalline thermoplastic with high tensile strength, good wear, excellent chemical resistance, and low moisture absorption. This enables useful properties and an ability to retain itfor a long period under high temperature. Mechanical stresses and extreme environmental conditions enable polyether ether ketone a great choice for several applications.

Electrical properties of polyether ether ketone remains uninfluenced by moisture under ideal conditions. Consequently, polyether ether ketone displays excellent dielectric properties and dimensional stability. Polyether Ether Ketone market is driven by rise in environmental issues mainly in the aerospace industry owing to features such as lightweight, durability, and temperature performance. In addition, hazardous effects of pollution and polluting factors from automobiles have encouraged industry participants to automotive light weighting that involves fabrication of alternative components.

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Product segmentation for polyether ether ketone (PEEK) market comprises unfilled, glass filled and carbon filled. Application category for polyether ether ketone industry consists of medical electronics, electrical and aerospace. Automotive applications hold a larger share in the overall global consumption. Medical electronics and application category is predicted to have a faster growth during the forecast period.

Geographical segmentation for PEEK market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American and European market is likely to have a collective share in the global market owing to stringent norms and regulations coupled technological advances in the aerospace and automotive domain. The market reports steady growth in the industrial sector along with rising awareness pertaining to the benefits offered. Asia-Pacific regions have gained a tremendous importance in regards to the growth aspects in the global market.

The key players profiled in the polyether ether ketone (PEEK) industry report are Evonik Industries AG, Victrex Plc, Mitsubishi Chemical Corporation, Stern Industries Inc, A. Schulman Inc, LATI Industria Thermoplastici S.p.A, Polyone Corporation and Saudi Basic Industries Corporation.

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Market Segment:

Global Polyether Ether Ketone (PEEK) Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • Unfilled

    • Carbon filled

    • Glass filled

Global Polyether Ether Ketone (PEEK) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • Medical

    • Automotive

    • Aerospace

    • Industrial

    • Electricals & electronics

Global Polyether Ether Ketone (PEEK) Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • North America

        • U.S

        • Canada

    • Europe

        • Germany

        • UK

        • France

        • Italy

    • Asia Pacific

        • China

        • India

        • Japan

        • South Korea

        • Taiwan

    • Central & South America

        • Brazil

    • Middle East and Africa

        • Saudi Arabia

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North America Fragrance Wax Melts Market Growth Drivers, Statistics and Forecast Analysis Report till 2024

May 26, 2021: North America Fragrance Wax Melts Market is anticipated to grow at a higher CAGR during the forecast period. The production of scented candles needs a higher recognition on the proportion of fragrance and its compounds transferred to the candle wax. In the commercial market of North America paraffin wax is widely used, refined from the crude oil. For the purpose of fragrance, beeswax is derived directly from the glands of honey worker bee. On gnawing the wax, the bees store it in their honeycombs and once the honeycombs are full with honey, they are gathered and separated later.

Wax melts are then prepared under industrial process and fall under the category of home fragrance by using a heat source to release fragrance in the air. Similar to candles, cubes and tarts, was melts use essential oils and fragrance oils to release the scent upon being warmed.

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North America Fragrance Wax Melts Market is driven by change in lifestyles and consumer preference for fragrance products for driving aesthetic appeal at home. Rise in presence of petroleum companies helps in enhancing the paraffin wax output that directly boosts the production of wax tarts. Rise in standard of living and surplus production has widened the market reach. Rising consumer awareness for hazardous effect of aerosols on environment and surroundings is likely to propel the market growth in the following years.

Use of state-of-the-art technique for sealing the fragrance wax contents followed by reasonable pricing is likely to boost the market demand in the following years. The market witness the rise in product launch followed by consumer inclination is a major reason for enlarged market. Stringent quality checks and product testing during the production also pumps the market.

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The key players profiled in the North America Fragrance Wax Melts market include Yankee Candle, Rimports Limited, Scentsy, S.C. Johnson, Reckitt Benckiser, East Coast Candles, Walmart, Scensei and Michaels.

Market Segment:

North America Wax Melts Country Outlook (Revenue, USD Million, 2013 - 2024)

• U.S.

• Canada

• Mexico

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U.S. Automotive Coolant Market Opportunities, Challenges, Strategies And Forecast till 2024

May 25 , 2021: The U.S. Automotive Coolant Market was appreciated at US$ 611.8 million in the year 2015 and is expected to reach USD 1.23 billion by 2024. It is estimated to develop at a substantial CAGR for the duration of the prediction. Growing automotive aftermarket and increasing alertness of the end users regarding the maintenance of the automobile and the efficiency of the engine, are amongst the pivotal issues for the progress of the business.

Growing demand for the fuel effective cars is expected to be a vital cause for the progress of the market. The coolants are better known as antifreeze mediators. They deliver possessions such as non-toxic, chemically inactive, anti-eroding, low-slung viscidness and greater thermal capability; that mark it appropriate for a number of Heating, Ventilation, and Air-conditioning [HVAC] uses.

The Automotive Coolant on the source of Type of End Use could span Two Wheelers, Passenger Car, Commercial Vehicles. The financial regaining in the U.S.A.post the stagnation of 2009 has prompted trade & financial actions in the area to foster the better demand for commercial transport.

The growth of the online retail segment [E-commerce] and the following demand for dependable cargo & properties transference are the most important features motivating the progress of the subdivision. Commercial vehicles are expected to raise by more than a CAGR of 8.6% above the prediction period and inhabit the market stake of nearby 54% by the completion of the prediction period.

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The sales of the passenger car have likewise augmented in the latest years. The market is comparatively established. It offers restricted opportunity for the development. The subdivision of two-wheelers, likewise presents a slighter sector for the automotive coolants, because the pauses for oil drain in such type of automobiles are lesser as compared to that of four-wheelers.

The U.S. Automotive Coolant on the source of Type of Delivery Network could span Automotive Aftermarket, OEM. Increasing time-span of automobiles together with growing per head earnings is the important aspect motivating delivery through the aftermarket. The manufacturing companies hardly accept the accountability for the refilling of the coolant after the purchase of the automobile. This has directed to greater demand from the aftermarket, everywhere the vehicles frequently added with coolants in the course of servicing.

The subdivision was responsible for nearby 72% stake of the entire capacity of the market during the year 2015.Itisprojected to develop at a CAGR of beyond 8% for the duration of prediction. Additionally, strict rules of Corporate Average Fuel Economy [CAFÉ] in the U.S.A. are costly for OEMs to meet the terms with, which tips to necessities in better size to pay back growing prices. These issues are expected to limit the progress in the subdivision of OEM; thereby offering profitable openings to providers of aftermarket.

The U.S. Automotive Coolant on the source of Type of Technology could span Hybrid Organic Acid Technology, Inorganic Acid Technology [IAT], Organic Acid Technology [OAT]. The subdivision of Organic Acid Technology [OAT] was responsible for a stake of more than 49% of the international capacity during the year 2015. Greater demand for coolants is centered on negligibly; reducing carboxylate technology such as alternates for conservative antifreeze constructed on amines, phosphates, nitrates, and silicates.

Conservatively, antifreeze mediators are located on Inorganic Acid Technology [IAT]; which proposes greater safety to engines of automobile counter to cavitation, boil overs, and lining pitting. Yet, these merchandises have misplaced approval to Organic Acid Technology [OAT] coolants in latest years because of their greater prices and the efforts required for the maintenance.

The U.S. Automotive Coolant market on the source of Type of Product could span Glycerin, Ethylene Glycol, Propylene Glycol. The subdivision of Propylene Glycol [PG] arose by way of the leading product in latest years; substituting Ethylene Glycol [EG] as the preferred antifreeze in the U.S.A. Propylene Glycol [PG] takes several rewards for example low-slung price, non-toxicity and greater compatibility as equated to the conservative Ethylene Glycol [EG] product, heading to a growth in transactions in fresh years.

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The statement revises Trades in terms of intake of U.S. Automotive Coolant in the market. Some of the important companies, operating in the field are Sinclair Oil Corporation, Lukoil, Ashland Corporation, Kost USA, Sinopec, ExxonMobil Corporation, Petronas, British Petroleum PLC., Motul, Total S.A, Chevron Philips Corporation and Royal Dutch Shell.

Market Segment:

U.S. Automotive Coolant Product Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Ethylene Glycol

    • Propylene Glycol

    • Glycerin

U.S. Automotive Coolant Technology Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Inorganic Acid Technology (IAT)

    • Organic Acid Technology (OAT)

    • Hybrid Organic Acid Technology (HOAT)

U.S. Automotive Coolant Distribution Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Original Equipment Manufacturers (OEM)

    • Automotive Aftermarket

U.S. Automotive Coolant End-Use Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Passenger Cars

    • Commercial Vehicles

    • Two-Wheelers

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Small Arms Light Weapons (SALW) Market Business Strategies, Growth Rate And Forecast till 2024

May 25 , 2021: The global small arms light weapons (SALW) market is expected to value at USD 25.76 billion by 2024. The market is subject to witness a substantial growth due to the growing concerns related to human rights, safety, and security. Increase in the number of intense crimes and increasing demand from defense &military sector are expected to drive the market growth of small arms light weapons. Globally, the small arms light weapons industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

However, several environmental and government protocols, reduction in defense expenses by developed countries due to numerous peace initiatives and challenges from many human rights protestors are key factors obstructing the market progress. Factors responsible for sustained market growth for small arms light weapons market include prevalence of domestic violence, organized crimes, and drugs trafficking.

The small arms light weapons (SALW) industry is classifies into two types based on product type such as small arms and light weapons. The small arms market is further sub-categorized into pistols, rifles, revolvers, shotguns, and man-portable machine guns. Small arms are particularly manufactured for the individual use, while light weapons are designed such that more than one person can operate these weapons. Some of the light weapons include landmines, mortars, grenades launchers, rocket launchers, rocket-propelled grenades, anti-tank weapons, and anti-aircrafts. Other factors such as increasing investment for research and development for advanced small & light weaponry sector, and rising defense expenses of developing countries, are advancing the market progress.

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The SALW market is broadly categorized into two major segments based on the application type such as military & defense sector, and law enforcement. The military & defense sector is considered as one of the fastest growing segment in the with substantial revenue generation in the last few years. Growing popularity of small arms light weapons (SALW) in the military & defense segment is attributed to the increasing cross-border tensions between countries, political instability and increasing threat from several terrorist outfits. The law enforcement segment has also witnessed substantial growth owing to the prevalence of domestic violence, organized crimes, and drugs trafficking.

The small arms light weapons (SALW) industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in defense sector, increase in the number of research & development activities in the region and existence of well-established manufacturing infrastructure.

Asia-Pacific region is predicted to hold major market share in the small arms light weapons (SALW) market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with growing terrorist activities in the region, rising defense expenditure, growing concerns related to human rights, safety and security, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the SALW industry are GLOCK GmbH., FN Herstel S.A., Berette S.p.A., Colt’s Manufacturing Company LLC, Lockheed Martin Co., Raytheon, Inc., General Dynamics Co., Smith & Wesson Holding Co., SIG Sauer & Co., and Carl Walther GmbH.

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Market Segment:

SALW Type Outlook (Revenue, USD Million; 2014 - 2024)

    • Small Arms

    • Light Weight

SALW Application Outlook (Revenue, USD Million; 2014 - 2024)

    • Military

    • Law Enforcement

SALW Regional Outlook (Revenue, USD Million; 2014 - 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • UK

        • Germany

        • France

        • Russia

    • Asia Pacific

        • China

        • Japan

        • India

    • South Korea

        • RoW

    • MEA

        • South America

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Silicone Elastomers Market Opportunities, Challenges, Strategies And Forecast till 2025

May 25 , 2021: Global Silicone Elastomers Market is anticipated to grow significantly in the forecast period due to increasing applications of the silicone elastomers in medical and healthcare sector. Silicone elastomers are the gel-like materials that are colorless, odorless and tasteless and widely used in the production of several electrical insulation products. From several properties of silicone elastomers, physiological inertness is the major property since it helps in the application in medical sector. Silicone elastomers is today gaining popularity due to its properties like superior qualities like high performance and versatility.

Silicone elastomer market is majorly driven by growing consumption of the material in electronics industry. Silicone elastomers is extensively used in connector seals, hoses, gaskets, diaphragms, fuel system valves, etc., which again fuels the market growth. Increasing automobile demand from emerging economies and growing spending power from the middle class population is also boosting the market growth. However, silicone elastomers industry is facing restraints by poor corrosion and oil & petroleum resistance properties of the material.

Silicone elastomers market is witnessing trends like increasing use of antimicrobial silicone elastomers, which are used to prevent bacterial growth. Antimicrobial silicone elastomers are used on surfaces to avoid corrosion and other kinds of damage or harm. They are now widely being used in pet food production, beverage manufacturing, medical devices, foodstuff production & processing, and agricultural activities.

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Silicone elastomer industry is categorized on the basis of type, process, application, and geography. On the basis of type, the market is divided into liquid silicone rubber, fluorosilicone rubber, high consistency rubber and others. High consistency rubber segment is expected to lead the market of silicone elastomers owing to its superior properties like brilliant strength, better electrical connectivity, resistance to radiation and extreme temperature resistant.

In terms of process, silicone elastomer market is bifurcated as injection molding, extrusion, compression molding, liquid injection molding and others. Liquid injection molding is projected to hold larger market share of silicone elastomer due to easy usage and growing demand from several end users for automated processing techniques.

Based on application, silicone elastomers industry is divided into healthcare, automotive, home repair & hardware, medical devices, apparel, electronics, construction and others. Automotive segment registers significant market growth of silicone elastomers owing to the explosive demand from the sector.

Geographically, silicone elastomers market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific region is predicted to dominate the market of silicone elastomer owing to the huge demand for several applications.

The leading players in silicone elastomer industry include StockwellElastomerics, Inc., ZhongshanTinhou Plastic Industrial Co., Innovative Silicones, HuzhouLongtong Chemical Co., Cauchos Pedro Romero S.L., Ltd., SF Composites, Ltd., Intek Adhesives Ltd., HsuanHau Enterprise Co., Ltd., Universal Rubber Mfgnv, HÜBERS, Ltd. (LiYaTe), Shenzhen Inno Silica Co., Ltd., 2D Chemical Ltd., and ShenZhenLiYaTe Technology Co.

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Market Segment:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • High Temperature Vulcanize (HTV)

    • Room Temperature Vulcanize (RTV)

    • Liquid Silicone Rubber (LSR)

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • Electrical & Electronics

    • Automotive & Transportation

    • Industrial Machinery

    • Consumer Goods

    • Construction

    • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • UK

        • Germany

        • France

        • Italy

    • Asia Pacific

        • China

        • Japan

        • India

        • South Korea

    • CSA

        • Brazil

    • MEA

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Bioactive Ingredients Market Segmentation And Opportunity Analysis Report till 2024

May 24 , 2021: Global bioactive ingredients market is expected to reach USD 51.71 billion by 2024. The bioactive ingredients industry is estimated to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Bioactive ingredients are extra nutritional constituents found in small quantities in foods that have a biological effect on the body. These ingredients are derived from living systems and plants.

The factors that are playing a major role in the growth of bioactive ingredients market are growing per capita income in developing countries, the rising health concerns, and growing awareness among populace regarding a healthy lifestyle. However, intra-government standards and lack of patent protection guidelines and licensing are the factors that may restrain overall market growth in the years to come. Bioactive ingredient market is segmented based on type, application, and region.

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Carotenoids & antioxidants, prebiotics, fibers & specialty carbohydrates, probiotics, vitamins, amino acids, peptides & proteins, minerals, omega 3 & structured lipids, phytochemicals & plant extracts, and other types could be explored in bioactive ingredients in the forecast period. Fibers & specialty carbohydrates sector accounted for the significant market share of bioactive ingredients and are estimated to lead the overall market in the years to come. The reason could be rising awareness among populace regarding a healthy lifestyle, prevention of cancer and cardiovascular diseases, and maintaining intestinal health. Also, phytochemicals & plant extracts sector is estimated to grow at the fastest pace in the years to come.

The market could be categorized based on applications like personal care, functional food, animal nutrition, functional beverages, dietary supplements, and others that could be explored in the forecast period. Dietary supplement sector accounted for the substantial market share of bioactive ingredients and is estimated to continue with its dominance in the years to come. The reason could be growing health-conscious customers. Also, the sector is estimated to grow at the highest CAGR in the years to come.

Globally, Asia Pacific accounted for the substantial market share of bioactive ingredients and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing population and urbanization in several emerging countries, high demand for functional food and beverages and dietary supplements, and rising disposable income. The developing countries like India, Russia, Brazil, and China are the major consumers of bioactive ingredients in this region.

The key players of the bioactive ingredients market are BASF, DuPont, ADM, Royal DSM, and Cargill. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

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Market Segment:

Global Bioactive Ingredients Product Outlook (Revenue, USD Billion, 2014 - 2024)

    • Fiber

    • Vitamins

    • Omega 3 PUFA

    • Plant extracts

    • Minerals

    • Carotenoids & antioxidants

    • Probiotics

    • Other types

Global Bioactive Ingredients Application Outlook (Revenue, USD Billion, 2014 - 2024)

    • Functional food & beverages

    • Dietary supplements

    • Clinical Nutrition

    • Personal care

    • Other products

Global Bioactive Ingredients Regional Outlook (Revenue, USD Billion, 2014 - 2024)

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • India

    • Central & South America

        • Middle East & Africa

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