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Mineral Waxes Market 2020 Segmented By oil, mineral and plants & animals .

Waxes are solid material that melt and convert into liquid state at a slightly higher temperature. Sources of wax can be segregated into three segments: oil, mineral and plants & animals. Crude oil is the most dominant source of waxes moreover owing to higher demand for crude oil in other application segments, mineral waxes have been gaining acceptance and demand for mineral waxes has been surging across the globe. Lignite is the most dominant mineral used for the production of mineral waxes and this trend is anticipated continue for a foreseeable future. Ozokerite, peat and ceresin waxes are among other major mineral waxes sources.

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Environmental hazards associated with processing of crude oil coupled with volatile pricing of crude oil have led to decline in demand for crude oil based waxes. Moreover, high demand for crude oil for other more lucrative application segments has been the foremost factor driving demand for mineral waxes. Increasing demand for wax in the production of rubber is expected to drive demand for mineral waxes during the forecast period. High growth in cosmetics market is also expected to be among major factors driving demand for mineral waxes. Moreover, supply constraints related to major mineral sources such as lignite is expected to restrain mineral waxes market growth. Furthermore, availability of other wax sources such as plants, animals and insects are expected to restrain mineral waxes market growth.

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Asia Pacific dominates the global demand for mineral waxes and this trend is anticipated to continue during the forecast period. Asia Pacific comprises two of the largest and the fastest growing economies, India and China. China dominates the global production of mineral waxes and exports a major portion of the production. Moreover, high GDP growth in the emerging economies of India and China is expected to drive growth in several end user industries for mineral waxes including paper, rubber and cosmetic among several others. Furthermore, high demand for candles in India is expected to be among major factors driving demand for mineral waxes in Asia Pacific. Owing to the aforementioned factors, Asia Pacific is anticipated to be the fastest growing region for mineral waxes during the forecast period.

Microcrystalline Cellulose Market Rising Demand from Emerging Regions could Upset North America’s Dominance

When it comes to the manufacturing of cosmetic products there are number of prerequisites. Majority of these are foretold requirements with respect to the properties actions, and structure of the main ingredients. Microcrystalline cellulose has number of favorable properties and that has helped in the overall development of the global market in recent years. Numerous chemical technologies have matured and shaped over the last ten years. As a result of these studies and research, microcrystalline cellulose market is thriving.

Developments in Food Industry to Propel Market Growth

The European Union (EU) has suggested some amendments about the laws related the usage of microcrystalline cellulose to the EFSA Panel on Food Additives. Currently, the substance is being used as a prominent food additive across the Europe region. Numerous other laws and ordinances in relation to the usage of microcrystalline cellulose have been issued across different nations. All these factors have contributed significantly in pushing up the popularity of microcrystalline cellulose. The developments in the food industry across the globe are also important factor helping to fuel the development of the global microcrystalline cellulose market.

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One of the key trends that has emerged in the global microcrystalline cellulose market in recent years is the increasing popularity of biological leavening agents. Product managers and investors in the global market are concentrating on different sectors such as ethylcellulose, carboxymethyl cellulose, microcrystalline cellulose, and methylcellulose among others. These products have gained the status of new and innovative ingredient across a broad range of industries.

Expanding Production Capacities is Key for Market Players

The competitive landscape of the global microcrystalline cellulose market is a fragmented one. There are multiple leading players in the market who are vying to reach the top spot. This has thus created ample competition in the global microcrystalline cellulose market, which in turn, is expected to prove beneficial for its overall development. These leading companies in the global microcrystalline cellulose market are concentrating on expanding the production and manufacturing capabilities to previously untapped regional markets.

Some of the leading companies in the global microcrystalline cellulose market include names such as FMC Corporation, Sigachi Industrial Pvt. Ltd., J. Rettenmaier & Sohne GmbH + Co. KG, Juku Orchem Pvt. Ltd., Accent Microcell Pvt. Ltd., and Asahi Kasei Corporation among others.

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With such developments happening in the global microcrystalline cellulose, the research report projects the valuation of the market will soar up to US$936.3 mn by the year 2020. The growth of the market will be achieved with the help of a strong CAGR of 5.8% over the duration of the projection period of 2014 to 2020. Initially, the market recorded a valuation of US$632.9 million in the year 2013

Defoamers Market :Advancements in Food Processing and Manufacturing at a Steady CAGR of 4.5% By 2026

The demand within the global defoamers market is rising on account of advancements in industrial processes. The use of defoamers in the chemical industry has generated a wide array of opportunities for market growth. Furthermore, industrial liquids need to be handled with immense care in order to ensure optimal usage. A number of hydrophobic materials that excite the formation of foam are used across the chemical industry. In order to reduce the amount of foam produced, chemical experts recommend the use of defoamers for a multitude of applications. Defoamers are also available as anti-foaming agents across the market. This is an important point from the perspective of evaluating the market dynamics of the product.

Transparency Market Research (TMR) finds that the global defoamers market is expected to grow at a steady CAGR of 4.5% over the period between 2018 and 2026. The total value of the defoamers market held a total value of US$ 7500 Mn in 2017. This value is slated to touch new heights in the years to follow. The growth of the defoamers market can be attributed to the advancements in end-use industries such as agrochemicals, food and beverages, and oil and gas.

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Advancements in Food Processing and Manufacturing

The use of defoamers in the food industry has played a central role in generating increased revenues within the market. Kitchens of large restaurants and hotels that prepare food for thousands of people use defoamers to prevent effusion while preparing food. Furthermore, defoamers are domestically used to prevent food effervescence that can affect the taste of the preparation. Silicon oil is the most commonly used defoamer in the food industry. Considering the factors mentioned above, it is safe to predict that the global defoamers market would tread along a lucrative growth path in the years to follow. Furthermore, the use of defoamers as a cleaning agent in households has also given an impetus to market growth.

Pharmaceutical Industry as Key End-User

Although foaming plays an important role in the cleaning action of soap bars and detergents, excessive foaming can result in wastage of soap. Therefore, small quantity of defoamer is used in soaps bars, washing liquids, and shampoos. Excessive foaming can interrupt with smooth execution of several industrial processes. The pharmaceutical industry has especially emerged a sound consumer within the global defoamers market. Therefore, the total volume of revenues in the global defoamers market is set to grow at an unprecedented pace in the years to follow. Other than this, manufacturing of medical drugs and ointments also involves the use of defoamers. The continual growth of the pharmaceutical industry is expected to drive sales within the global defoamers market.

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Some of the leading vendors in the global defoamers market are Clariant International AG, Global Holdings Inc., and Elkem Silicones.

Aerosol, SPF and Aerosol Propellants Market Segment is Likely to Grow at4.5% CAGR from 2013 to 2019.

A new report issued by Transparency Market Research (TMR) presents an analysis of the aerosol, SPF, and aerosol propellants market. The global market was valued at US$16.4 billion in 2012, and is estimatedto reach a value of US$23.2 billion, rising at 5.1% CAGR during 2013 to 2019.

The research report is titled “Aerosol, SPF and Aerosol Propellants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.

The research report is prepared afterextensive study of the aerosol, SPF and aerosol propellantsindustry,and presents both quantitative and qualitative analyses of the market. The report provides detailed information about the past performance, current condition, and future prospects of the market for aerosol, SPF, and aerosol propellants.

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The aerosol, SPF, and aerosol propellants marketstudy report includes product market analysis, application market analysis, and regional market analysis.

In product market analysis, the report talks about various segments of aerosol, SPF and aerosol propellants market, on products basis.Dimethyl ether and methyl ethyl ether,chlorofluorocarbons or CFCs, nitrous oxide and carbon dioxide, and hydrocarbons such as propane, isobutane, and n-butaneare the variousproduct categories of the aerosol, SPF, and aerosol propellants market.

Hydrocarbons led the market for aerosol propellants,holdingover 80% of the total market sharein terms of volume in 2012.This segment is likely to grow at4.5% CAGR from2013 to 2019. Aerosol products utilize hydrocarbonsextensively. Furthermore, they are listed as ‘Generally Recognized as Safe (GRAS)’, which also helps theaerosol, SPF, and aerosol propellantsmarket grow at robust rates. Dimethyl ether contributed for a 7.7% share in total volume consumption in 2012and was considered as the second largest segment of the market for aerosol propellants. Chlorofluorocarbons held a 0.3% share in total volume consumption,the same year.They are likely to experience a decline in their overall aerosol, SPF, and aerosol propellantsmarket share in thenear future, thanks to increasing environmental regulationsrestricting their usage.

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In the application market analysis, the report provides insights into the various application segments of the aerosol, SPF, and aerosol propellants market such as medical, paints and coatings, households, and others.

Detergent Chemicals Market : Demand in Growing thrust on Green Cleaning Products and Methods that use Environment friendly Ingredients.

Global Detergent Chemicals Market: Overview

Presence of a copious number of global and regional vendors makes the global market for liquid detergent chemicals highly competitive. Both chemical companies and biotechnology companies are trying to outshine each other for greater market share by offering high-performance enzymes for liquid detergents. Going forward, the competition in the market is slated to increase further with more players entering the arena. Growth opportunities remains high for suppliers that provide differentiated value, which allows them to sustain competitive pricing.

Detergents are used as laundry detergent, biological reagents, fuel additives, soapless soaps, etc. Of these, detergents account for maximum market share on account of their large-scale use. Fuel injector and carburetor component of Otto engines, for instance, are benefited by detergents that thwart fouling in fuels. Again, isolation and purification of integral membrane proteins in biological cells is carried out with the aid of reagent grade detergents. Soapless soap is a non-soap cleanser sans soap with a little acidic pH.

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Detergents chemicals find application as industrial and institutional cleaners, metalworking fluids, household detergents, and personal care products, among others. Detergents are manufactured using three process namely, the blender process, agglomeration process and slurry method.

A report by TMR Research shows conveys in-depth and accurate information on the global market for detergent chemicals. It describes the scope of the market, segments it depending upon various parameters, and forecasts its growth trajectory. It furnishes a qualitative analysis of the prominent growth drivers and restraints in the market. The report also profiles important players in the market and leverages market leading analytical tools to gauge the current competitive dynamics.

Global Detergent Chemicals Market: Trends and Opportunities

The primary growth driver in the global detergent chemicals market is the swift pace of industrialization worldwide. Further, progress on the technology front has also been driving the market. Most vendors in the market are laying a lot of emphasis on research and development of polymer technology that can add more value to detergent formulators. Another noticeable trend in the market is the growing thrust on green cleaning products and methods that use environment friendly ingredients in place of volatile organic compounds that cause dermatological and respiratory disorders.

Posing a roadblock to the growth in the global market for detergent chemicals is the unstable prices of raw materials on account of the volatile oil and natural gas prices. The main raw materials used in formulating detergents are sodium sulphate, sodium silicate, palm stearin, Linear Alkyl Benzene Sulfonic Acid (LABSA), and Palm Fatty Acid Distillate (PFAD), among others.

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Global Detergent Chemicals Market: Regional Outlook

Geographically, the key segments of the global detergent chemicals are Asia Pacific, North America, Europe, and the Rest of the World. Asia Pacific, bolstered substantially by China and India, is predicted to outshine all other regions in terms of consumption of detergent chemicals. The Middle East and Africa are other prominent markets. In the years ahead, the U.S. is anticipated to trim its market share because of the buying behaviour of customers. Europe, on the contrary is expected to gain market share.

Companies Mentioned in the Report

To present a detailed analysis of the competition prevailing in the global market for detergent chemicals, the report profiles companies such as AkzoNobel, Huntsman Corporation, Solvay, BASF SE, Dow Chemicals, Tata Chemicals, Procter & Gamble, Dial Corp, Clariant AG, Unilever, Shell Chemicals, Airedale Chemicals, Colgate, International Detergent Chemicals Ltd., and Condea.

Smart Mining Solution Market – Emphasis on Achieving Operational Efficiency and Miners’ Safety to Trigger Growth

A recent report by Transparency Market Research on global smart mining solutions market states that the market shall witness a substantial growth in the duration of 2019 to 2027. The report states that growth in the technological developments in the mining sector is the major reason that boosts the growth of the global smart mining solutions market. Additionally, growing concerns towards the security of the miners, several mine owners are implementing smart mining solutions, this is yet again another reason for the growth of global smart mining solutions market from 2019 to 2027, says the report.

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The Market to Witness US$ 22 Bn with 11.5% CAGR

Based on the extensive use of the smart mining solutions across the globe, the smart miming solution market shall witness a substantial 11.5% CAGR from 2019 to 2027. This is because of the awareness of the advantages and benefits that these solutions offer to the miners. These solutions are equipped with latest technologies like IoT, Artificial Intelligence and various other proximity solutions. As a result, mine owners can have real-time information about their assets including human resources. These benefits are major reasons that are responsible for the growth of global smart mining solutions market from 2019 to 2027.

The experts at Transparency Market Research predicts that the market shall reach to the value of US$ 22 bn by the end of 2027. They also state the market stood at US$ 8.3 bn during 2018 implying the players have a huge potential in the projected tenure.

Need for Optimization and Automation Drives the Growth

In the era of Industry 4.0, every business process is getting equipped with technologies like IoT and automation. These technologies reduces human intervention resulting in better outcomes. Mining industry is also adopting the same trend and is progressively adopting these technologies. Moreover, these technologies can easily optimize the process of mining increasing the profit margin for the businesses. As a result of these advantages and growing need of optimization and automation, the global smart mining solution is growing rapidly from 2019 to 2027.

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Asia Pacific Continues to Dominate

Growing industrialization in countries like India and China has resulted in the number of mines these countries. Consequently, the technological companies are designing and developing smart mining solutions keeping the landscape and topography of the mine in mind. Based on these developments, the Asia Pacific dominates the geographical segment of the global smart mining solution market during the tenure of 2019 to 2027. Moreover, growing demand and availability of the minerals in these countries is also a crucial factor responsible for dominance of Asia Pacific in global smart miming solution market from 2019 to 2027.

The global smart mining solution market is segmented on the basis of:

Automated Equipment

Excavators

Load Haul Dumpers

Drillers & Breakers

Robotic Trucks

Others

Lubrication Systems Market Increase in Demand for lubrication Systems in Mineral and Metal Processing Industries.

The global lubrication systems market was valued at US$ 3,565 Mn in 2017 and is anticipated to expand at a CAGR of more than 3% from 2018 to 2026, according to a new report titled ‘Lubrication Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR).

Lubricants are essential for proper functioning of any machinery used in an application. Lubricants are used to reduce friction between two moving surfaces that are in contact with each other. A lubrication system does not eradicate friction from the machinery. Friction is required for transfer of power from one part to another. A lubrication system is employed to lower the wear and tear in the operating machinery. Advancements in technology have led to development of several controlling and monitoring systems, which assist in proper lubrication of various machineries or units.

Rise in demand for lubrication systems in cement plants

Growth of the housing & real estate sector is boosting the demand for cement. The sector accounts for about 65% of the global consumption of cement. Other major consumers of cement include public infrastructure (20%) and industrial development (15%). The global cement industry experienced capacity addition of around 32–36 million tons in 2017. As of December 2017, about 575 cement plants with total production capacity of 460 MTPA were operational.

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Growing focus on workers’ safety and rising machine reliability to boost market

Rising expenditure on maintenance and repair of machinery is expected to boost the demand for lubrication systems in the next few years. Shrinking profit margins resulting from machinery downtime are likely to compel industries to deploy automatic lubrication systems. Moreover, stringent regulations regarding employee and environment safety are expected to boost the demand for lubrication systems further. Advancements in the lubrication technology make efficient lubrication systems ideal for installation. Manual application of lubricants on moving parts can prove to be hazardous for workers. Utilization of automatic lubrication systems lowers the threat of operational hazards and provides effective lubrication to the machinery. Use of automatic/centralized lubrication systems simplifies the process of accessing the remote greasing points located in confined spaces. Environment safety is another factor that is likely to boost the demand for lubrication systems in the near future. Improper lubrication can have detrimental impact on the environment. Utilization of lubrication systems in plants reduces excessive usage of lubricants. Some of the lubricants can be non-biodegradable or partially degradable in nature and can have long-term impact on the environment.

Asia Pacific to lead the global lubrication systems market

Asia Pacific is anticipated to be a highly attractive region of the global lubrication systems market during the forecast period. Asia Pacific constituted more than 30% share of the global lubrication systems market in 2017. Increasing disposable income of people in countries such as India and China has resulted in infrastructure development and raised the standards of living. Asia Pacific is expected to increase its production capacity for cement and steel. This is likely to result in the construction of new facilities and expansion of existing ones. This, in turn, would result in rise in the demand for lubrication systems in the region in the near future.

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Offshore Wind Turbines Market Steady Demand for Floating Turbines and Cost Advantages By 2027; Growing at a CAGR of 8.2%.

The global offshore wind turbines market is dominated by companies such as Siemens Wind Power, Enercon GmbH, Vestas Wind Systems A/S, Gamesa Corporacion Technologica SA, Xinjiang Goldwind Science & Technology Co. Ltd., Guodian United Power Technology Company Ltd., Suzlon Group, GE Wind Energy, and Upwind Solutions Inc. The global offshore wind turbines market is likely to expand smoothly in the coming years, due in part to the steady government support being provided to the market in several regions. This has also made entry of new players likely in the global offshore wind turbines market.

According to Transparency Market Research (TMR), the global offshore wind turbines market is expected to almost double in valuation over the 2019-2027 forecast period. The offshore wind turbines market’s valuation is expected to rise from US$ 35.14 bn in 2018 to US$ 66.01 bn by 2027, growing at a CAGR of 8.2%.

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Asia Pacific, Europe Likely to Remain Leading Contributors to Offshore Wind Turbines Market

Regionally, emerging economies in Southeast Asia are likely to be the leading contributors to the global offshore wind turbines market over the forecast period. Several economies in this region, including dynamic rising economic powers such as China and India, have set definite targets for wind power generation, among the rising support being provided to a number of alternative power sources. This is the major driver for the Asia Pacific offshore wind turbines market. The increasing wind energy operations in the Pacific Islands and Japan are also crucial for the global offshore wind turbines market and are likely to constitute a key part of the offshore wind turbines market in Asia Pacific.

The scientifically oriented developed economies in Western Europe are also expected to be major consumers in the global offshore wind turbines market. With the total installed capacity of 189 GW, wind energy remains the second-largest form of power generation in Europe. Leading countries in the region, such as Germany, France, Belgium, and the U.K. have paid great emphasis on development of the wind energy sector in recent years, which has led to steady demand from the offshore wind turbines market in Europe. Continued development of the Europe offshore wind turbines market is also dependent on a large extent to the steady progress of the wind energy sector in Scandinavian countries. The availability of easily accessible and controllable water bodies in abundance has driven the offshore wind turbines market in Northern and Western Europe.

Cost Advantages over Conventional Offshore Turbines Enable Steady Demand for Floating Turbines

The key factor propelling the global offshore wind turbines market is the significant cost advantages they present over conventional wind turbines. This is also illustrated within the hierarchy of the global offshore wind turbines market, which is led by the floating turbines segment in terms of foundation. The high expenses of constructing a solid foundation have made floating offshore wind turbines more feasible. They are likely to remain the leading contributor to the global offshore wind turbines market in the coming years due to the growing ease of installing floating offshore wind turbines even in developing regions.

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The steady government support in Europe, particularly around the North Sea, and Asia Pacific is the prime driver for the global offshore wind turbines market in the coming years. Moreover, in many developing countries, private investment in the wind energy sector has also been forthcoming, which has led to strong growth of the offshore wind turbines market.

Global Offshore Wind Turbines Market – Key Developments

In September 2019, Ørsted, the world-leading offshore wind developer, has selected GE Renewable Energy as the preferred turbine supplier for two of its US offshore wind farms, which marks the world’s first commercial deployment of GE’s Haliade-X 12 MW offshore wind turbine.

In July 2019, Siemens Gamesa Renewable Energy (SGRE) has secured a conditional order to supply 1.7GMW of turbines for three US offshore windfarms. The conditional contract was awarded by Ørsted and US-based energy company Eversource.

Global Offshore Wind Turbines Market: Research Scope

Global Offshore Wind Turbines Market: by Foundation Type

Mono Pile

Jacket

Tripod

Floating & Others

Biogas Plant Market : The Green Energy Push for Sustainable Living to Drive Market 2027

The global biogas plant market would chart significant growth over the period 2019–2027 owing to factors such as robust government support and a favorable regulatory framework, among many others. The steady CAGR (Compound Annual Growth Rate) of 6.3% would lead to an upward growth trajectory, thereby generating valuable opportunities of growth for players to tap into. The global Biogas Plant market volume is expected to reach a total number of 110,354 plants in 2027 from a total of 67,690 plants in 2018.

It is important to note here that the global biogas plant market is slightly fragmented and prominent names in the market include Ameresco, Inc., PlanET Biogas Global GmbH, Scandinavian Biogas, Biofrigas Sweden AB, Swedish Biogas International, EnviTec Biogas AG, Air Liquide, among others.

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The Green Energy Push for Sustainable Living to Drive Global Biogas Plant Market Ahead

Biogas is reducing our dependence on fossil fuels which are limited in terms of availability. Thus, it comes with no surprise that dwindling oil reserves are contributing positively to the growth of biogas plant market. And, it is worth noting here that it is considered a viable alternative for more than just its easy availability. Having a low carbon footprint, biogas is a green fuel and thus quite in demand. Besides, as awareness regarding global warming catches up with more and more people like wildfire, the demand for biogas would only see a steeper, upward curve over the forecast period.

It is also worth noting here that there is a considerable move towards fueling transport vehicles with biogas and many nations have taken the lead such as France which has cities like Lille, which has been using biogas fuel for last 25 years. Norway, Finland, Sweden, Estonia and Lithuania are all quickly moving towards the fuel alternatives.

This demand for biogas for use as fuel, source of energy, would lead to increase in demand for biogas plants between 2019 and 2027

Asia Pacific Region to dominate the Global Biogas Plant Market Landscape

The Asia Pacific (APAC) region would witness significant growth over the forecast period owing to a number of factors such as increase in feedstock waste, other organic waste produced by household, and increase in government support to reduce imports and thus save valuable currency.

Other region that would show good growth statistics is Europe. The region is experiencing stringent emission norms which is not surprising considering the region is at the brunt of climate change. This is driving biogas consumption significantly, thereby propelling the global biogas plant market upward.

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Global Biogas Plant Market – Key Developments

In August 2018, a subsidiary of the WELTEC BIOPOWER Group, Nordmethan GmbH, has taken over an insolvent anaerobic digestion plant which produces biogas from horse manure in Südergellersen, Lower Saxony

In November 2017, WELTEC BIOPOWER GmbH signed a contract for a biogas plant extension of Estancias del Lago’s (EDL) milk powder plant in Uruguay

In March 2017, Evergaz announced the acquisition of two biogas plants in Germany. The two plants are located in Pessin and Dessau have a capacity of 1400 Nm3/h of biomethane and 950 kWe and have the particularity of carrying out a double recovery of biomethane injected into the network of natural gas and green electricity

Industrial Protective Clothing Fabrics Market Increasing Awareness about Worker Safety and Stricter Implementation.

Global Industrial Protective Clothing Fabrics Market: Highlights

The global industrial protective clothing fabrics market is projected to grow at a CAGR of nearly 7% between 2019 and 2027. Enforcement of stringent safety regulations for workers at public sector coupled with various bills passed by regulatory authorities is likely to propel global industrial protective clothing fabrics market.

A growing consciousness inside the industrial sector in various emerging economies with regards to workplace safety is majorly driving the international industrial protective clothing fabric market. Favorable initiatives and support provided by several governments in order to uphold safety precautions in sectors that demand intensive work too is providing a large impetus to the market’s growth. This is mainly due to rising concerns regarding injuries caused by high rate of mortality among workers in the industrial domains.

A major factor that augments the growth of the global industrial protective clothing fabric market currently is the surge witnessed by the oil and gas industry. Such growth is mainly responsible because of a dire need for using protective clothing while working at offshore as well as onshore oil rigs. With increasing investments made by several players as well as governments to curb injuries and provide better protection, coupled with a robust rate of innovation and product development, the global industrial protective clothing fabric market is expected to expand splendidly in the near future.

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Global Industrial Protective Clothing Fabrics Market: Key Trends and Segments

Of the many application segments of the global industrial protective clothing fabrics market, oil & gas and mining has so far been highly promising in terms of demand and scope of growth. In 2018, the oil & gas and mining application accounted for nearly 40% of the overall demand for industrial protective clothing and clothing fabrics. With a majority of workers in the oil and gas sector being exposed to harsh environments and hazardous conditions, the highly stringent safety standards coupled with the need to increase crude production levels have proven beneficial for players in the global industrial protective clothing fabrics market to ramp up their production rates.

Workers in the mining industry face various hazards including fire risks, chemical exposure, and the possibility of explosions. Hence, multi-utility apparel is generally used to protect workers in the industry.

Welding accounted for significant share in global industrial protective clothing fabrics market. The segment is likely to grow with a decent pace from 2019 to 2027 owing to high demand for protective clothing fabrics and apparels from Asia Pacific region. Protective clothing fabrics are used in the manufacture of flame resistant and arc resistant gloves and jackets that are used by workers during welding operations.

Global Industrial Protective Clothing Fabrics Market: Regional Highlights

Europe and Asia Pacific dominated the global industrial protective clothing fabrics market in 2018 together accounting for more than 60% market share. The industrially evolving countries of Asia Pacific – especially China and India – are expected to be instrumental to the growth of the global industrial protective clothing fabrics market over the coming years.

Europe is anticipated to showcase a decent growth in the coming years in global industrial protective clothing fabrics market due to high concentration of apparel manufacturers and owing to the extremely high safety standards laid down by governments and regional regulatory authorities.

The large-scale industrialization of countries in Asia Pacific is expected to increase the number of workers employed in the industrial sector. This, in turn, is expected to boost the demand for industrial protective clothing fabrics in this region. Growing worker safety awareness and stricter implementation of government safety norms is also anticipated to be important drivers of the market during the forecast period. Regions such as China, ASEAN and India have a large number of unprotected industrial workers which offers huge opportunities for the industrial protective clothing fabrics market.

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Key Developments in Global Industrial Protective Clothing Fabrics Market

In November 2019, Teijin Aramid announced the second round of activities to increase its production capacity for Twaron fiber

In April 2018, Teijin Aramid introduced Teijinconex Coolnex Stretch: a unique flame resistant and durable stretch fabric. This fabric inherts stretch and recovery functionality over the time.

Precast Concrete Manufacturing Market – Positive Long Term Growth, Trends and Dynamics Outlook 2024

Precast concrete is a construction material that is manufactured by casting concrete in a reusable form. The cast is then cured and transported to the construction site. Unlike standard concrete which is cured in the construction site, precast concrete is manufactured in specially equipped manufacturing plants and then transported to the construction site, ready to be installed. The precast concrete are manufactured in plants, some of which needs to be certified by architectural associations and other government agencies. Moreover, precast concrete manufacturing activities in manufacturing plants ensures better quality as compared to standard concrete manufactured in construction sites.

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Raw materials required for precast concrete manufacturing include cement, aggregates and water. Precast concrete manufacturing is carried out in controlled environmental condition and hence it is independent of adverse weather conditions. Owing to this the manufacturing process of precast concrete is unhindered and hence the supply fluctuation is generally nonexistent. Precast concrete materials can be reused for several times before they needs to be replace. Hence, the production cost of precast concrete is significantly low which makes the end products affordable. Precast concrete manufactured products commonly include roofing tiles, building boards concrete panels and slabs, pre-stressed bridge beams, poles, posts and railroad ties. These products are available in wide range of designs, finishes and colors. Precast concrete manufactured products find application in the construction industry. Primarily they are used in construction of residential, nonresidential and industrial building. However, they are also used for the construction of transportation infrastructure and public structures such as sewage and sanitation systems. Precast concrete manufactured products are durable and can withstand lot of pressure. Moreover, usage of precast concrete manufactured products speed up the construction activities.

Global construction industry is experiencing slow growth rate especially for residential construction in matured economies such as North America and Europe. However, the increasing construction activities in developing regions such as Asia Pacific, Middle East & Africa and Latin America is anticipated to boost the demand for precast concrete manufactured considerably during the forecast periods. Nonresidential application is expected to be one of fastest growing application of precast concrete manufacturing products. Rapid commercialization is expected to boost the sales of precast manufactured products such as building boards and roofing tiles. Owing to the affordable cost of precast concrete manufactured products over other overpriced construction materials, the demand is expected to experience considerable growth for nonresidential application. Increasing globalization has enhanced the need for infrastructural development. This has resulted in increasing expenditure in infrastructural development, which is expected to improve the sales of precast concrete manufactured products for transportation infrastructure and public structures such as sewage and sanitation systems applications. One of the major restrain of the construction industry is the sustainability issues over the manufacturing of concrete. However, precast concrete manufacturing is carried out in manufacturing plants located away from residential areas, controlled environment and is closely monitored by factory employees hence are considered sustainable.

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Investment in research and developmental activities for new innovations are expected to boost up the sale revenue of key players. Since majority of the key players in the market are associated with product improvement and product diversification to ensure the competitive edge over competitors.

Some of the key manufacturers and suppliers of precast concrete manufactured products include Boral Limited, Amcon Block & Precast Incorporate, ABM Construction, and Cemex S.A.B. de C.V.

Zinc Stearate Market By 2023 Linan Huali Plastic Co., Ltd., Nikunj Chemicals, Krish Chemicals Pvt. Ltd., Pratham Stearchem Pvt. Ltd.

Global Zinc Stearate Market: Overview

Rapid industrialization and growing demand from various end-use industries are expected to boost the growth of global zinc stearate market in the coming years. In addition, increasing demand for polyvinyl chloride and other polymers that uses metallic stearates in different types of processing coupled with growing usage of metallic stearates during manufacturing of various polymers, such as polyolefin, phenolic resins, and polystyrene could lead the lead the zinc stearate market towards substantial growth. Moreover, metallic stearate can be used in variety of applications ranging from water repellence, foam inhibition, lubrication, stabilizing, separating properties, and gelling.

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Global Zinc Stearate Market: Trends and Opportunities

The global zinc stearate market could witness a substantial growth on account of rising augmentation of zinc stearate in end-use industries. In addition to this, growing demand from emerging countries such as China and India is likely to further usage of zinc stearate. Zinc stearate can also applied in PVC in order to enhance the color along with effective impact. Zinc stearate also finds application in several products of lipsticks, face powders, eyeliner, foundations, and mascara. Furthermore, zinc stearate used in fragrances, deodorants, and other beauty products. The demand of zinc stearate in rubber industry and PVC is anticipated to boost the application of zinc stearate.

On the other side, availability of substitute stearate and health regulations could slow down the growth of zinc stearate market. In addition, lack of zinc stearate production in comparison with the growing demand could hamper the market.

Global Zinc Stearate Market: Geographical Outlook

In terms of geography, Asia Pacific region is anticipated to acquire the largest share in the zinc stearate market in the coming years, owing to growing industries such as paints, coatings, and rubber along with increasing number of consumers. In addition, Europe and North America could experience a steady growth due to growing infrastructure and improving economic conditions of some countries. Governments in developing countries are concentrating on research and development activities to come up with advancement in the field in order to offer healthy life to the population.

The Middle East and Africa region could increase their market share on account of political support in improving infrastructure along with increasing consumer base in the region.

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Global Zinc Stearate Market: Competitive Landscape

Some key players such as Linan Huali Plastic Co., Ltd., Nikunj Chemicals, Krish Chemicals Pvt. Ltd., Pratham Stearchem Pvt. Ltd., and Plastics Material Factory could lead the zinc stearate market towards substantial growth in the coming years.

Rubber Transmission Belts Market is Set to Reach US$ 7 Bn by 2026

The global rubber transmission belts market was valued at around US$ 5 Bn in 2017 and is projected to expand at a CAGR of 4.16% from 2018 to 2026, according to a new report titled ‘Rubber Transmission Belts Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) .Growth of the automotive sector across the world and increase in the number of manufacturing plants are key factors driving the global rubber transmission belts market. Additionally, availability of raw material in abundance is fueling the market.

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In terms of product, the global rubber transmission belts market has been classified into raw edged belts, V-belts, timing belts, wrapped belts, specialty belts, and others. The V-belts segment held a dominant i.e. 37.94% share of the global rubber transmission belts market in 2017. The timing belts segment is expected to expand at a CAGR of 3.94% from 2018 to 2026. The speciality belts segment is expected to expand at a significant growth rate in the near future. Specialty belts are customized belts that are designed to meet specific requirements of customers.

Based on application, the rubber transmission belts market can be segregated into industrial, automotive components, agricultural equipment, mining, and others. Among these, industrial is the dominant segment. In industrial manufacturing units, various machines are operated at an optimum speed, wherein belt drives used need to be of the finest quality so as to sustain in harsh conditions such as transferring heavy loads. Manufacturing and automotive sectors offer a wide consumer base for rubber transmission belts. Rubber transmission belts provide automotive and manufacturing industries with machine systems that can be directly employed for assembling parts.

Rising popularity of electric vehicles is a key factor hampering the rubber transmission belts market. Furthermore, fluctuating rubber prices have been hampering the global rubber transmission belts market over the last few years. Moreover, presence of a large number of unorganized local players offering their products at a competitive price has disrupted the position of prominent players in the rubber transmission belts market in the last few years.

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Key market players profiled in the research study include ContiTech AG, Gates Industrial Corporation plc, SKF, DRB, Mitsuboshi Belting Ltd., HIC International Co Inc., Hanna Rubber Company, Jonson Rubber Industries Limited, Chiorino S.p.A., Megadyne Group, and Habasit AG.

Metal Packaging Market is Projected to Reach More Than US$ 150 Bn by 2026

Introduction:

Metal Packaging plays an important role in the process of packaging and preservation. Globally, metal packaging has been witnessing a strong growth over the past few years on account of increasing health consciousness among consumers. There are several types of metal packaging used across the world. Use of cans is one of the most widely used type of metal packaging and it has become an important part of the human diet in developed and developing countries during past few years. It is of more value in those parts of the world where no or limited refrigeration exist for storing food. It is a mean of safely preserving foodstuffs, medicines, chemicals, etc. without microbiological deterioration. The global metal packaging is projected to reach more than US$ 150 Bn by 2026, with a decent CAGR in the forecast period.

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Global Metal Packaging Market Dynamics

Metal packaging has a lucrative business opportunity, since it has excellent printability, cost effective- high speed filling & packaging, glossy & high aesthetic value over other packaging materials. The market of global Metal Packaging is anticipated to be driven by many factors such as rise in packaged food intake, and beverages, particularly the increased consumption and use of canned fruits and vegetables and the trend towards 'on-the-go' lifestyles among progressively time-poor consumers. Nutrition retentive properties of metal packaging is one of the significant factors driving the market. The growth of pharmaceutical industry and personal care industry is another major reason for the increasing demand of metal packaging. However, the increasing awareness of environmental concerns, and the adoption of new regulatory necessities on packaging recycling and the introduction of HDPE and PET bottles in packaging industry is anticipated to hinder the future growth of metal packaging market growth. To counter the alternative packaging material market, the metal packaging companies are also focusing on developing new metal packaging material prototypes and different product marketing strategies in order to keep on developing the market share in the global metal packaging market.

Global Metal Packaging Market Segmentation

The global Metal Packaging market is segmented on the basis of product types such as cans, drums & pails, aerosols, lids, tubes, trays & foils, caps & closure and others. On the basis of metals used, the global metal packaging is segmented into aluminum, steel, tin and iron. On the basis of end use industry, the global metal packaging is divided into food & beverages industry (whipped cream, beer bottles, etc.), food services industry (catering services, etc.), oil & gas industry (storage of petroleum, etc.), chemical industry (storage of industrial solvents, etc.), personal care industry (deodorants, shave products, etc.), household products (air fresheners, crockery, etc.), industrial use (degreasers, spray paints, etc.) and many others.

Global Metal Packaging Market: Regional Outlook

Geographically, the Global Metal Packaging industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. North America currently holds the largest share in the global metal packaging market, as consumption rate of canned food is highest in North America. The second largest market in global metal packaging is Europe, followed by Asia Pacific, Latin America and then rest of the world. The high growth in market of Asia Pacific and Latin America markets is expected in the forecast period owing to the urge of convenient packaging across end use industries.

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Global Metal Packaging Market Players

The major players identified across the value chain of global Metal Packaging market include Amcor of Limited, Ardagh Group, Alcoa Incorporated, CPMC, Manaksia Group, Emballator Metal Group, Crown Holdings, Grief Incorporated, Silgan Holdings, Rexam Plc, Jamestrong Packaging, Shetron Group, Ton Yi Industrial, Bericap Group, GM Metal Packaging Ltd., Fujian Fuzhen Metal Packaging Co. Ltd., etc. The companies are emphasizing on research and development and new product development in order to maintain the competitive advantage in global metal packaging market during the forecast period. Acquisitions and mergers are very rare in metal packaging market, which is the key strategy executed by major market players to gain competitive advantage.

Steel Framing Market By 2023 Keymark Enterprises, LLC, Aegis Metal Framing, The Steel Framing Company, Voestalpine Metsec Plc and Hadley Group among several others.

Steel frames are an integral part of the modern construction industry Steel frames are extensively used in the building and construction applications owing to the architectural freedom and reliability provided by steel. Building and construction application accounts for more than 50% of the global market for steel and a large proportion of the steel used in building and construction is attributed to the steel framing market. Steel frames allow for architectural and design flexibility and is at the same time cost efficient, durable and sustainable. Steel frames provide longevity to the structure and comes with attributes such as resistance to fire, corrosion and pests. Moreover, steel frames are lightweight and logistically feasible for construction industry. Steel frames exhibit high strength to weight ratio. As a result, the dead weight of steel structures is relatively low which renders it a very attractive proposition for builders.. Utilization of steel frames reduces the construction time and expense considerably. Steel frames provide the necessary safety to the high rises through its structural integrity.

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The steel framing market is primarily driven by new building constructions across the world. Steel framing is mostly used in commercial building constructions in order to provide the requisite strength and design. Steel has an inherent strength which enables curves and long spans to be easily incorporated in the building design. Steel framings are most important components in buildings, which are required to endure harsh environmental conditions. Steel does not require pesticide treatment, or preservatives and glues unlike timber. It is also safer alternative for the people handling the materials. The market for steel frames is directly related to the construction volume. Favorable macro-economic conditions generally translate into increased construction activities. Improvement in the building and construction scenario in North America, Asia Pacific and Middle East has been the driving force for the steel framing market.

However, in spite of the various benefits of steel frames there are some disadvantages to the steel structures, which act as market restraints. The general cost of steel structures are on the higher side compared to certain other structural materials. The strength of steel frames reduces considerably on exposure to heat commonly experienced in building fire. Steel being a good conductor of electricity transmits heat from the burning section of the building in a rapid fashion. In order to counter the effect, effective fire proofing measures need to be undertaken. Moreover steel structures such as bridges, which are exposed to the atmosphere are prone to corrosion and must be coated with paints regularly to maintain efficiency. These are few of the concerns of steel framing market. However, the benefits of steel framing far outnumber its deficits and the market is expected to overcome the difficulties and enforce growth.

North America accounts for the largest market for steel framing, primarily owing to the number of highrising commercial buildings in the region. Asia Pacific region is the second largest in terms of demand for steel frames, led by demand from Middle Eastern countries, China, Japan and South Korea. Asia pacific region is also estimated to exhibit the fastest growth rate in the world riding on improved socio-economic scenario in the region.

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Some of the major companies engaged in the steel framing market are Keymark Enterprises, LLC, Aegis Metal Framing, The Steel Framing Company, Voestalpine Metsec Plc and Hadley Group among several others.

Latin America Drilling Fluids Waste Management Market is Exhibiting a CAGR of 12.60% between 2014 and 2020

The Latin America drilling fluids waste management market is exhibiting a CAGR of 12.60% between 2014 and 2020. This market is expected to reach US$945.3 mn by the end of 2020 and was recorded at US$413.4 mn in 2013, according to a research report released by Transparency Market Research. The report, titled “Latin America Drilling Fluids Waste Management Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, reveals the key statistics and factors influencing the Latin America drilling fluids waste management market in order to devise a logical forecast.

According to the report, the Latin America drilling fluids waste management market is primarily driven by the increasing production and exploratory activities in the region. The large increase in drilling activities has created a greater need for the waste management strategies to protect the regional landscape and its flora and fauna.The Latin America drilling fluids waste management market benefits greatly from the strict government mandates that require all drilling activities to be retrofitted with waste management systems.

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However, the Latin America drilling fluids waste management market does suffer from setbacks, the biggest of which is the operational challenges faced by drilling companies in adopting drilling fluids waste management services.The report’s geographical segmentation of the Latin America drilling fluids waste management market reveals Brazil to be the market leader for 2013 owing to the country’s large-scale drilling activities on offshore reserves. Brazilian oil companies are also receiving greater investments, which allow them to command a significant share in the Latin America drilling fluids waste management market.

The report claims that Argentina will close up the gap between itself and Brazil in the Latin America drilling fluids waste management market in the near future. The region’s market is expected to benefit from multiple impending government schemes that are aimed at production of shale gas and the exploration of additional shale gas reserves.The report also provides a service-wise segmentation of the Latin America drilling fluids waste management market, which reveals the dominant segment to be treatment and disposal. The treatment and disposal segment held more than 35% of the Latin America drilling fluids waste management market in 2013. This leading market share has been attributed to strengthening governmental control over the disposal of waste from drilling activities.

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In terms of applications, the Latin America drilling fluids waste management market was dominated by offshore drilling, which held over 55% of the market in 2013.The key players in the Latin America drilling fluids waste management market are Baker Hughes Incorporated, Imdex Limited, Weatherford International Ltd., National Oilwell Varco, Halliburton Company, and Schlumberger Limited. The report explains how brand image plays an important part in the global drilling fluids waste management market, as services are availed on a contractual basis.

Traction Equipment Market Expanding Product Portfolio is Key for Market Leaders’ Development By 2024

Transparency Market Research has recently published a research report about the global traction equipment market. The research report expects the vendor landscape of the global market to remain fragmented as more number of players are expected to enter into the fray. The market is intensely competitive and innovation driven. Companies with high levels of technological infrastructure and highly viable and proficient products stand a chance for a sustainable future in the global traction equipment market. These leading players in the global market are expected to concentrate on developing technologically sound and advanced products in order to stay ahead of their competition.

Based on equipment, the traction equipment market was driven by traction engines in 2015. The segment registered a huge share of around 80% and is anticipated to hold its lead through 2024. Geographically, the global traction equipment market, In 2015, was driven by Asia Pacific with a share around 40% both by volume and revenue, both and has developed as the main income generator. The rapid development in economies and critical advancement of trade have contributed toward the extension of this market.

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Expanding Product Portfolio is Key for Market Leaders’ Development

Some of the key names in the global traction equipment market include names such as Toshiba International Corporation, TTM Rail – Transtech Melbourne Pty Ltd., Caterpillar Inc., VEM Group, Kawasaki Heavy Industries, and ABB Ltd. among others. Of these notable brands, ABB Ltd., has been the leading player that has set high industry standards. The company boasts of strong product portfolio catering to variety of needs of consumers and thus is expected to remain a dominant force in the market for a foreseeable future.

According to the research report by Transparency Market Research, the global traction equipment market is projected to exhibit a sluggish CAGR of 2.09% in terms of volume, for the given assessment period of 2016 to 2024. In 2015, the volume sale of the global traction equipment market was around 1.1 mn units. With the mentioned rate of growth, the volume sales will rise to 1.3 mn units by the end of 2024.

Depending on the type of equipment, the global traction equipment market has been consistently dominated by traction engines since 2015. The segmented accounted for the lion’s share of nearly 80% of the overall market and is projected to continue to dominate in the foreseeable future.

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