Industrial Agitators Market Share, Segments, New Opportunity, Outlook And Top Players till 2024

August 12, 2021: Global Industrial Agitators Market is expected to reach USD 3.46 billion by 2024. Industrial agitators are the mechanical machines that are exclusively used to homogenize and mix two or more products with different or equal phases inside a tank. The industrial agitator market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of industrial agitators market are rising demand for customized industrial agitators, increasing demand for mixing substances of diverse densities with low power consumption, and gradually rising industrial sector and process industries. However, high maintenance cost may restrain overall market growth in the years to come. Industrial agitators industry is segmented based on mounting, model, mixing method, component, end-user, and region.

Based on mounting, bottom mounted, top mounted, and side mounted could classify industrial agitators in the forecast period. Top mounted agitators accounted for the substantial market share of industrial agitators in 2017 and are estimated to lead the overall market in the years to come. The reason could be its usage across all manufacturing units and avail the option of customization.

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Global Industrial Agitators Market is expected to reach USD 3.46 billion by 2024. Industrial agitators are the mechanical machines that are exclusively used to homogenize and mix two or more products with different or equal phases inside a tank. The industrial agitator market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of industrial agitators market are rising demand for customized industrial agitators, increasing demand for mixing substances of diverse densities with low power consumption, and gradually rising industrial sector and process industries. However, high maintenance cost may restrain overall market growth in the years to come. Industrial agitators industry is segmented based on mounting, model, mixing method, component, end-user, and region.

Based on mounting, bottom mounted, top mounted, and side mounted could classify industrial agitators in the forecast period. Top mounted agitators accounted for the substantial market share of industrial agitators in 2017 and are estimated to lead the overall market in the years to come. The reason could be its usage across all manufacturing units and avail the option of customization.

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The key players of the industrial agitator industry are Silverson Machines Inc., Xylem, Inc., Ekato Holdings GmbH, SPX Flow, Inc., Statiflo International Ltd., Sulzer Ltd., Tacmina Corporation, Philadelphia Mixing Solutions Ltd., Mixer Direct, Inc., and Dynamix Agitators Inc. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

Industrial Agitators Product Outlook (Revenue, USD Million, 2015 - 2024)

    • Top Entry

    • Side Entry

    • Bottom Entry

    • Portable

    • Static

Industrial Agitators Application Outlook (Revenue, USD Million, 2015 - 2024)

    • Chemical

    • Water And Wastewater Treatment

    • Oil, Gas And Petrochemical

    • Food And Beverages

    • Pharmaceutical

    • Others

Industrial Agitators Regional Outlook (Revenue, USD Million, 2015 - 2024)

    • North America

    • Europe

    • Asia Pacific

    • RoW

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Indoor Air Purification Market Opportunities, Drivers, Industry-Specific Challenges And Risks till 2024

August 11, 2021: Global Indoor Air Purification Market is anticipated to grow significantly in the forecast period due to rising awareness among consumers regarding ill effects of indoor air impurities on health. Indoor air purification is the process of removing or deactivating indoor air pollutants. Indoor air purifiers help to maintain clean and safe environment in home as well as manufacturing and production facilities. They remove odors, contaminated particles, eliminate gaseous pollution and promote healthy air.

The factors driving indoor air purification are increasing levels of poor air quality and rise in spending power of consumers from emerging economies. Moreover, stringent regulations regarding industrial emissions and issues associated with the health of working staff are propelling the demand for indoor air purifiers, thereby fueling indoor air purification industry. However, release of byproducts and significant cost of indoor air purifiers are hampering the market growth of indoor air purification.

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With the growing consumer awareness, manufacturers are witnessing opportunities to manufacture more efficient air quality products. Indoor air purifiers are gaining demand from Easter influences (CAM) complementary and alternative medicine. CAM includes wide range of treatments, therapies and health systems that are broadly used in healthcare facilities.

Indoor air purification market is categorized on the basis of product, technology, application and geography. On the basis of product, the market is divided into dust collectors & vacuums, fire & emergency exhaust, mist eliminators, fume & smoke collectors, etc. Vacuums and dust collectors segment is projected to lead indoor air purification industry owing to its extensive use in the industrial and residential sectors.

In terms of technology, indoor air purification market is split into HEPA (high efficiency particulate air), activated carbon, electrostatic precipitators, ionic filters and others. HEPA filters are predicted to register significant growth in the years to come owing to its high efficiency.

Based on application, indoor air purification industry is divided into healthcare & hospitality, residential, industrial and commercial. Industrial application segment is predicted to lead the market of indoor air purification owing to the need maintaining clean indoor air quality in production and manufacturing places. Furthermore, residential segment is expected to grow considerably in future due to reduced prices of air purification products for kitchens and rooms.

Geographically, indoor air purification market is segmented as North America, Central & South America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific is expected to the market of dominate indoor air purification owing to the increasing demand from residential, commercial and industrial sectors from emerging economies like China and India.

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The key players in indoor air purification industry are Abatement Technologies, Inc., AllerAir Industries Inc., Aprilaire, Blueair, Inc., 3M Purification Inc., Daikin Industries, Ltd., Honeywell International Inc., MANN+HUMMEL GmbH, Industrial Air Solutions Inc., Clarcor, Inc., Halton Group, Trane Inc., Electrocorp, Sharp Corporation, Lennox International Inc. and Life well Environment Technology Co. Ltd.

Market Segment:

Global Indoor Air Purification Product Outlook (Revenue, USD Million, 2014 - 2024)

    • Dust collectors & vacuums

    • Fume & smoke collectors

    • Mist eliminators

    • Fire & emergency exhaust

    • Others

Global Indoor Air Purification Technology Outlook (Revenue, USD Million, 2014 - 2024)

    • HEPA

    • Electrostatic precipitators

    • Activated carbon

    • Ionic filters

    • Others

Global Indoor Air Purification Application Outlook (Revenue, USD Million, 2014 - 2024)

    • Industrial

    • Commercial

    • Residential

Global Indoor Air Purification Regional Outlook (Revenue, USD Million, 2014 - 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • Japan

        • India

    • Central & South America

        • Brazil

    • Middle East and Africa

        • Saudi Arabia

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Bioadhesives Market Top Key Players Update, Business Statistics and Research till 2022

August 11, 2021: Global Bioadhesives Market is expected to reach USD 2.54 billion by 2022. Bioadhesives are natural polymeric materials used to join two surfaces where at least one of them is a living tissue. It is exclusively used as a substitute for traditional drug dosage system and as a replacement for surgical sutures. The bioadhesives market is estimated to grow at a significant CAGR of 13.0% over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of bioadhesives market are high demand from major key manufacturers from developed countries, growing R&D sectors for the development of innovative techniques for the use of bioadhesives, and increasing development of bio-raw materials. However, the short shelf life of bioadhesives may restrain overall market growth in the years to come. Bioadhesives industry is segmented based on types, application, and region.

Animal-based and plant-based bioadhesives are the types that could be explored in bioadhesives in the forecast period. Plant-based bioadhesives sector accounted for the substantial market share of bioadhesives and is estimated to lead the overall market in the years to come. The reason could be abundance; that too, at low cost. Plant-based bioadhesives comprise maize, starch, soy, and others. Also, animal-based bioadhesives are estimated to grow at the highest CAGR in the years to come.

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The market could be categorized based on application like medical, packaging & paper, personal care, construction, wood, and others that could be explored in the forecast period. Packaging & paper sector accounted for the substantial market share of bioadhesives and is estimated to continue its dominance in the years to come. The reason could be high demand for animal and plant-based adhesives and rising concern regarding the use of eco-friendly products.

Globally, Europe accounted for the substantial market share of bioadhesives and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising construction activities in this region, increasing demand from key manufacturers, and the presence of major industries in this region. Germany is a major consumer of bioadhesives in this region.

North America and the Asia Pacific are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. The reason could be government strict policy against use of petroleum-derived products in this region. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of bioadhesives in this region.

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The key players of bioadhesives market are Dow Chemical Company, 3M Company, Paramelt, Arkema, Henkel, Ashland, Cryolife, Adhbio, Bioadhesive Alliance, Yparex, and Adhesive Research. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

Market Segment:

Global Bioadhesives Source Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

    • Plant based

    • Animal based

Global Bioadhesives Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

    • Packaging & paper

    • Construction

    • Wood

    • Personal Care

    • Medical

    • Others

Global Bioadhesives Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

        • India

    • Central & South America

    • Middle East & Africa

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Activated Bleaching Earth Market Opportunities, Drivers, Industry-Specific Challenges And Risks till 2022

August 11, 2021: The global Activated Bleaching Earth Market was appreciated at US$ 2.35 billion in the year 2014. It is estimated to develop at a substantial CAGR for the duration of the prediction. Activated bleaching earth is an earthen creation, combination of montmorillonite, bentonite, and attapulgite resources. It is likewise recognized as activated fuller’s earth or bleaching clay. This creation holds aluminum and silica in its normal form.

Growing production of vegetable oil & fats in developing marketplaces of the Asia Pacific and Central & South America is projected to be a fundamental motivating reason for the activated bleaching earth market above the forecast period of prediction. It extensively utilized in the processes like bleaching and purifying of eatable oil & fats. Most important demand practiced from Asian nations such as India, Malaysia, China, and Indonesia. Advantageous rules and strategies by the government in these nations have ensured an optimistic effect on the progress of the market.

The increasing harvest per acre of oil seed crop and the technical progress in the production procedure have endured important dynamic powers for the production of vegetable oil & fat. Increasing demand for biofuel, which is resulting from vegetable oil is likewise one of the issue prompting the demand for the activated bleaching earth, in this business, mainly in the industrialized nations.

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The activated bleaching earth market on the source of Type of Application could span Lubricants & Mineral Oil, Eatable Oil & Fats. The subdivision of the Eatable oil &Fats was the most important sector of the application, by way of capacity surpassing 5. 0million tons, during the year 2014. The development of the application division is motivated by growing manufacture of vegetable oil. Endorsement from the Food and Drug Administration [FDA] and World Health Organization [WHO] that the food-ranking mineral oil be utilized in the preparation of food, is estimated to motivate the mineral oil market in the industrialized marketplaces of Europe and North America.

The activated bleaching earth industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

By the source of geography, activated bleaching earth market in the Asia Pacific steered the international business by way of demand stake surpassing 60% during the year 2014. This development is expected to escalate due to the increasing manufacture along with the ingestion of eatable oil & fats in the Asian nations like Indonesia, Malaysia, China and India.

Indonesia and Malaysia are the biggest manufacturers of vegetable oil. The activated bleaching earth is extensively utilized in treating & purifying the eatable oils. The progress in the production of oilseed harvest in these nations is expected to take an optimistic influence on this market. Central & South America are hub vegetable oil in the nations like Brazil and Argentina. This is estimated to add to the progress of the activated bleaching earth industry.

The development of the Middle East & Africa is influenced by the production of eatable oil & fats in the nations comprising South Africa and Turkey. Yet, the development of the subdivision of lubricants & mineral Oil manufacturing is likewise expected to motivate the demand for activated bleaching earth, in this area.

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The statement revises Trades in terms of intake of activated bleaching earth in the market; particularly in North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Oil-Dry Corporation of America, Korvi Activated Earth, Shenzhen Aoheng Science and Technology Co., Ltd., Clariant International AG, Musim Mas Holdings, Ashapura Perfoclay Limited, AMC (UK) Limited, BASF SE, and Taiko Group of Companies.

Market Segment:

Global Activated Bleaching Earth Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

    • Edible oil & fats

    • Mineral oil & lubricants

    • Other

Global Activated Bleaching Earth Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

    • North America

        • U.S

        • Canada

    • Europe

        • Germany

        • UK

        • Russia

        • Ukraine

    • Asia Pacific

        • India

        • China

        • Malaysia

        • Indonesia

    • Central & South America

        • Brazil

        • Argentina

    • Middle East and Africa

        • South Africa

        • Turkey

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Polymer Modified Bitumen Market Growth Drivers, Trends, Statistics and Forecast Analysis Report till 2022

August 10, 2021: The global Polymer Modified Bitumen Market size is expected to value at USD 13.34 billion by 2022. The market is subject to witness a substantial growth due to the growing demand from various end-user industries such as building & construction industry and roofing industry, and increasing use as adhesive and coatings. Massive increase in infrastructural spending, particularly in developing economies across the globe such as India, China and Brazil are anticipated to fuel expansion over the next seven years.

Shifting trend towards polymer-modified bitumen over conventional form of bitumen for asphalt overlay due to

 its advanced set of properties and minimum maintenance cost are anticipated to foster the growth of polymer modified bitumen industry. Globally, the polymer modified bitumen market 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.

In addition, variation in changing climatic conditions coupled with heavy traffic hampers bitumen roads adversely, thus leading to cracks and rutting. Thus, increasing demand for polymer modified bitumen to comprehend such as factors are propelling market growth over the next seven years. Use of polymer-modified bitumen reduces the investment required for road maintenance every year. However, higher initial investment is one of the key challenges for market growth, in the recent years. Yet, polymer modified bitumen is highly cost-efficient, thus positively affecting market growth over the next seven years.

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The polymer modified bitumen industry is broadly categorized into two major segments based on the product type such as thermoplastic elastomers and plastomers. The thermoplastic elastomers is considered as one of the fastest growing segment in the polymer modified bitumen market with substantial revenue generation in the last few years. Growing popularity of the thermoplastic elastomers segment is attributed to the increasing use as elastomeric materials and superior properties such as improved ageing resistance, low temperature flexibility and resistance to permanent deformation. The plastomers segment has also witnessed substantial growth.

The polymer modified bitumen 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 building & construction sector, substantial growth in green roofing industry, and existence of well-established manufacturing infrastructure in the region.

Asia-Pacific region is predicted to hold major market share in the polymer modified bitumen market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing spending in infrastructure development in the region, favorable government policies, and significant investment by leading industry players considering potential growth opportunities in the region.

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The key players in the polymer modified bitumen industry are Total Oil India Pvt., Ltd., Benzene International Pte., Ltd., Lagan Asphalt Group, Nynas AB, Royal Dutch Shell plc, ExxonMobil Co., Gazprom NEFT Ltd., and Sika AG.

Market Segment:

Global Polymer Modified Bitumen Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)

    • Thermoplastic Elastomers

    • Plastomers

Global Polymer Modified Bitumen End-use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)

    • Road Construction

    • Roofing

    • Others

Global Polymer Modified Bitumen Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)

    • North America

        • U.S.

    • Europe

        • Germany

        • France

    • Asia Pacific

        • China

        • India

    • Latin America

        • Brazil

    • MEA

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Polyethylene Naphthalate (PEN) Market Segmentation, Statistical Forecast and Competitive Analysis Report till 2022

August 10, 2021: The global Polyethylene Naphthalate (PEN) Market size is expected to value at USD 1.40 billion by 2022. The market is subject to witness a substantial growth due to the rising demand for the product in electrical and electronic industry, and increasing adoption in the beverage bottling industry. Polyethylene naphthalate (PEN) is also adopted in various packaging solutions in order to improve thermal and barrier properties.

Use of polyethylene naphthalate (PEN) enhances corrosion resistance by limiting oxidation. These factors are anticipated to fuel market demand for polyethylene naphthalate (PEN) over the forecast period. Growing demand for high strength photographic films is expected to fuel market growth over the forecast period. Globally, the polyethylene naphthalate 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.

Polyethylene naphthalate films are primary component of various food packaging solution due to their higher stiffness modulus and enhanced barrier capabilities. Higher stiffness helps to enhance the strength of the material. In addition, increasing adoption of polyethylene naphthalate films for manufacturing of pressure sensitive tapes and thermal sheets is predicted to stimulate the growth of polyethylene naphthalate (PEN) market over the forecast period. Polyethylene naphthalate films are considered as vital in solar cell protection. Thus, polyethylene naphthalate (PEN) industry is characterized by the forward-end incorporation of raw material providers in the production of polyethylene naphthalate.

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Integration of raw material suppliers in the value chain coupled with lower manufacturing cost are some of key contributing factor for market expansion, in the recent years. However, volatility in cost of raw materials owing to the tight supply of 2, 6-NDC feedstock is primary concern for the sustained growth of polyethylene naphthalate market, in the last few years. Moreover, higher production cost and production complexity are expected to limit market growth to a certain extent. Complexity involved during production phases are affecting capacity contractions, thus resulting in reduced margins for suppliers and manufacturers. Yet, the recent advancement such as introduction of the low-cost monomers for production is expected to change market outlook over the coming years.

The polyethylene naphthalate (PEN) industry is broadly categorized into four major segments based on the application type such as beverage bottling, electronics industry, packaging sector, and rubber tires. The packaging sector is considered as one of the fastest growing segment in the market of polyethylene naphthalate (PEN) with substantial revenue generation in the last few years. Growing popularity of polyethylene naphthalate (PEN) in the packaging segment is attributed to its enhanced properties such as higher shrinkage resistance, dimensional stability, superior barrier properties and high-temperature stability. The electronics segment has also witnessed substantial growth due to the growing need for enhanced thermal and barrier properties for production of semiconductors, PCB’s and super capacitors.

The polyethylene naphthalate (PEN) 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 packaging industry, increasing demand for high performance rubber tires in automobile sector, presence of large number of manufacturers in the region, and existence of well-established manufacturing infrastructure.

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Asia-Pacific region is predicted to hold major market share in the polyethylene naphthalate (PEN) with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth in the region, rapid growth of automobile and packaging industry, growing electronic manufacturing, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the polyethylene naphthalate (PEN) industry are DuPont Teijin Films Ltd., Toray Monofilament Co., Ltd., Sumitomo Chemical Co., Ltd., DuraFiber Technologies, Inc., SKC Inc., SASA Polyester Sanayi A.S, E. I. du Pont de Nemours and Company, and Seiwa Inc.

Market Segment:

Polyethylene Naphthalate Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

    • Beverage Bottling

    • Electronics

    • Packaging

    • Rubber Tires

    • Others

Polyethylene Naphthalate Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

    • North America

    • Europe

    • Asia Pacific

    • Latin America

    • MEA

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Mobile Stroke Unit (MSTU) Market Growth Drivers, Trends, Statistics and Forecast Analysis Report till 2022

August 10, 2021: The global Mobile Stroke Unit (MSTU) Market is expected to display higher growth rate over the next seven years. The market is subject to witness a substantial growth due to the growing geriatric population, growing prevalence of stroke conditions, rising occurrence of chronic diseases, surge in healthcare costs, and recent technological advancements in the healthcare sector. However, absence of expertise and increase in number of reimbursement issues are restraining the market growth, in the recent years.

Yet, technological advancements such as the development of big multi-service mobile stroke unit (MSTU) are expected to fuel the growth of mobile stroke unit market in the upcoming years. Growing healthcare expenditure by developed economies across the globe are driving the demand for mobile stroke unit (MSTU). Mobile stroke unit (MSTU) helps to solve several issues like treatment delay, absence of healthcare facilities and higher cost. Globally, the mobile stroke unit (MSTU) industry is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the market.

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Lack of proper healthcare facilities particularly in rural areas of developing economies across the globe is anticipated to boost demand for mobile stroke unit (MSTU), thus providing lucrative growth opportunities for mobile stroke unit (MSTU) providers in near future. Increase in number of initiatives undertaken by local governments in collaboration with private bodies in both developing and developed economies to provide outpatient medical services in remote location where there is shortage of medical facilities are expected to fuel the growth of mobile stroke unit (MSTU) market over the forecast period. Mobile stroke unit (MSTU) typically consists of all necessary medical facilities and surgical equipment that is required during stroke conditions and various operational procedures.

Mobile stroke unit (MSTU) majorly involves advanced life support care ambulance that consists of computed tomography scanner, a clot-dissolving drug such as tissue plasminogen activator (tPA), and telemedicine technology. Mobile stroke unit (MSTU) also contains life-supporting systems that are well organized to offer cost-effective medical services during critical situations. Limited healthcare facilities in rural area and growing patient pool are some of the critical factors driving the growth of Mobile stroke unit (MSTU) industry in the last few years.

The mobile stroke unit market is broadly divided into two categories such as hospital-based mobile stroke unit (MSTU) and freestanding ambulatory centers. Hospital-based ambulatory surgery center is considered as one of the fastest growing segment in the market of mobile stroke unit (MSTU) with substantial revenue generation in the last couple of years. Growing popularity of the hospital-based mobile stroke unit (MSTU) segment is attributed to the increasing demand for emergency care service, and treatment of ischemic conditions.

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The mobile stroke unit 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 medicine sector, longer in life expectancy, recent infrastructural activities such as development of emergency care centers outside conventional hospital settings, and existence of well-established healthcare infrastructure in the region. Other factors driving the growth in North America region are rise in the number of advanced diagnostic methodologies and increase in prevalence of orthopedics, ophthalmology, gastroenterology, plastic surgery, and chronic pain.

Asia-Pacific region is predicted to hold a major market share in the mobile stroke unit (MSTU) with massive growth in forecast period. Countries such as India, China, Japan and South Korea are leading the Asia-Pacific market with growing occurrence of stroke conditions, increasing obese population, rising disposable income, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the mobile stroke unit (MSTU) industry are MEYTEC GmbH Medizinsysteme, Nueurologica Co., Excellance, Inc., Frazer Ltd., and FalckA/S.

Market Segment:

Mobile Stroke Unit Regional Outlook (Revenue, USD Million, 2012 - 2022)

    • U.S.

    • UK

    • Germany

    • Argentina

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