Tuesday, 14 April 2020

Chemical Protective Clothing Market - Notable Developments & Key Players by 2027

  April 14, 2020    No comments
  • The chemical industry has been expanding at a rapid pace due to the growth in economy in developing countries. Chemical products are used across various industry verticals such as industrial manufacturing, oil & gas, mining, food, fire and safety, and military.
  • This necessitates the use of protective clothing. Chemical protective clothing safeguards the wearer from hazardous chemicals. It includes gloves for hand protection, caps and helmets for head protection, safety goggles for eye protection, safety shoes foe feet protection, and coveralls, coats, and shirts for overall body protection.
  • Strong growth of the chemical industry and new development of high performance fabrics are expected to drive the chemical protective clothing market.
Strict working safety regulations by government and increase in safety concerns among workers anticipated to influence the global chemical protective clothing market
Implementation of safety standards varies from one country to another. Under the United States Department of Labor, various agencies such as Occupational Safety and Health Administration, and Mine Safety and Health Administration regulate safety norms for various industries.
Similarly, the European Agency for Safety and Health at Work regulates the safety norms for countries across various industries in Europe. Many countries are enacting strict regulations for work wear safety at different workplaces. This is expected to drive the demand for chemical protective clothing in various industries. Rise in awareness about safety among workers while working with chemicals is also anticipated to boost the chemical protective clothing market.
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Rapid industrialization and improvement in economic conditions in emerging countries expected to drive chemical protective clothing market
Increase in pace of industrialization in growth in economies is a key factor boosting the chemical protective clothing market. Emerging economies such as India, China, and Brazil are witnessing increasing industrialization to improve manpower productivity due to the rise in population. Demand for chemical protective clothing is estimated to increase due to the rise in employment rates in various industry verticals. Expansion in automotive, chemical, oil & gas, construction, and manufacturing industries is projected to boost the chemical protective clothing market.
North America and Europe regions hold major share in global chemical protective clothing market
  • Geographically, the global chemical protective clothing market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the chemical protective clothing market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the chemical protective clothing market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America chemical protective clothing market is segmented into Brazil, and Rest of South America.
  • Increasing awareness about labor safety and stringent government laws boosting the demand for product across North America and Europe regions. .
  • Growth in industries and government initiatives regarding labor health during work is encouraging factor for chemical protective clothing market growth across Asia Pacific region.
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Elevators and Escalators Market Future Trends 2026

  April 14, 2020    No comments
The global elevators and escalators market is forecasted to witness healthy growth in the coming years, according to a Transparency Market Research (TMR) report. The market’s competitive landscape comprises of numerous players, with high levels of competition among the vendors. Players in the global elevators and escalators market compete on the basis of services and pricing. The delivery of high quality products and best in class services is a key strategy that vendors are expected to take up in order to gain traction the market. The deployment of innovative technologies, novel products, and best practices will help vendors achieve greater market shares.
Players in the global elevators and escalators market are expected to adopt several organic and inorganic growth strategies. Among them, partnerships, collaborations, and mergers and acquisitions are anticipated to emerge as popular methods capitalized on by vendors. Being at supports swift growth, vendors are expected to find low barriers for gaining entry into the global elevators and escalators market.
Key players operating in the market are Fujitec, Hitachi, Kone, Mitsubishi, and Otis.
According to analysts, the global elevators and escalators market is estimated to reach a valuation of US$13.3bn by 2026. Over a forecast period of 2017 to 2026, the market is prognosticated to exhibit a 7.4% CAGR.
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On account of the rise of new-age buildings, the segment of modern equipment is expected to demonstrate substantial growth among the different range of products. On the basis of geographical segmentation, the region of Asia Pacific is expected to emerge dominant. Brisk infrastructure development on countries such as India and China is a key reason of the growth in this region.
Rapid Urbanization to Drive Growth
The boom in urbanization leads to increasing numbers of modern retail and metro stations, with market growth of elevators and escalators expected to increase significantly. The increased purchasing power of people in the middle class promotes a demand worldwide for larger and better equipped apartments.
It is estimated that the global population of the middle class will grow approximately by 2.7 billion by 2030 and that it will have a positive effect on the growth of the elevators and escalators market. The growing aging population of the world also requires escalators and elevators. This is a key factor that will propel the global elevators and escalator market to a large extent in the coming years.
Smart Elevator and Escalator Systems to Emerge as Key Trend
In the recent years, the need for smart elevators has grown considerably due to increasing needs to reduce travel time between floors and awareness of the need for energy-efficient residential elevators. The use of IoT enables the monitoring in real-time, helping to improve the control of buildings and equipment. This reduces downtime and also reduces operational costs. As energy efficiency in buildings is increasingly being concentrated there is a huge risk that IoT-enabled lifts may be used to support predictive maintenance. This trend is expected to bolster the global elevators and escalators market to a large extent.
High Set-Up Costs to Limit Market Demand
The high initial installation cost is a key factor which negatively affects the growth of the elevators and escalators market. In addition, the lack of qualified labor to maintain the elevators and escalators market after sales is expected to hinder growth. In addition, the surge in energy and electricity consumption in lifts and escalators are expected to delay market growth during the forecast period.
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Fish Processing Equipment Market - Monitoring Growth Opportunities 2027

  April 14, 2020    No comments
The fish processing equipment market is anticipated to show significant growth during the forecast period. Increase in disposable income surges purchasing power of consumers. Furthermore, rise in urbanization, population, and health awareness uplifts the fish processing equipment market growth. Moreover, strict government regulations regarding food and beverages are anticipated to influence the overall fish processing equipment market.
Consumption of seafood shows significant growth every year. Also, the need for food increases with growing population. These factors propel the global market forward. Increase in health awareness and benefits of seafood in Europe, North America, and several emerging countries across Asia Pacific is expected to further drive the fish processing equipment market in the near future.
Key Drivers of the Global Fish Processing Equipment Market
  • According to data published by the Food and Agriculture Organization (FAO), 15% of the global supply of animal proteins is derived from seafood. Global demand for seafood is witnessing massive growth. This encourages producers to scale up their production with the help of efficient equipment.
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  • Increase in health conscious consumers in several regions, mainly in North America and Europe, is expected to boost the demand for fish processing equipment. Moreover, rise in preference for safe, fresh-tasting, and nutritive foods manufactured without the use of chemical preservatives is anticipated to influence the overall market.
  • Rise in demand for fish and other seafood products coupled with growing investments in automation technologies in food processing is expected to surge the market growth in the near future. Furthermore, increase in automation coupled with easy availability of processing equipment is a major factor responsible for expansion of the fish processing equipment market.
Fish Processing Equipment to Create Attractive Opportunities in Future
  • Growing market in several emerging countries is anticipated to be a supportive factor for seafood producers in the next few years. Rise in demand for seafood encourages seafood producers to increase their production with efficient manufacturing process to maintain production cost. This is also expected to lead to technological advancements in fish processing equipment. All these factors are expected to create lucrative opportunities in the next few years.
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Lack of Information and High Capital Investment to Hinder Market
  • Several countries still have very less knowledge regarding technological development and advancement in the processing food industry due to lack of availability of information. Also most of the fish processing equipment requires high capital investment which is very expensive for small and mid-range consumers.
Asia Pacific to Dominate the Global Market during the Forecast Period
  • Asia Pacific is the major shareholder in the global fish processing equipment market. Increase in population and disposable income of people boosts the demand for processed foods. Several emerging and developed countries across Asia Pacific such as Japan, China, India, and several countries in Southeast Asia are anticipated to show significant growth in seafood production which is likely to be an encouraging factor for fish processing equipment manufacturers.
  • Increase in demand for seafood and rise in automation within the processing industry are major factors driving the fish processing equipment market in Europe and North America.
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Growing Awareness of Numerous Benefits Driving Demand for Stretcher Chair Market

  April 14, 2020    No comments
A fresh study by Transparency Market Research (TMR) has detected that the global stretcher chair market is heavily dependent on innovative products, and that a number of players are connected to its value chain, starting from raw material suppliers to the manufacturers to the end users. The TMR report identifies Allengers Medical Systems Limited, AMTAI Medical Equipment, Inc., Blue Chip Medical Products, Inc., CDR Systems, C-RAD AB, Elekta AB, Getinge AB, GF Health Products, Inc., Hill-Rom Holdings, Inc., Invacare Corp, Leoni AG, medifa-hesse GmbH & CoKG, Medtronic Plc., Novak M d.o.o, OPT SurgiSystems S.R.L., Skytron llc., Span America Medical System, Inc., STERIS, Stryker Corporation, and Transmotion Medical, Inc. as some of the key companies currently operating in the global stretcher chair market.
Demand to Increment at CAGR 4.0% During 2017 to 2022
As per the projections of the TMR report, the demand in the global stretcher chair market will increment at a CAGR of 4.0% during the forecast period of 2017 to 2022. The report has evaluated that the stretcher chair market, across the globe, had an opportunity worth US$204.6 mn in 2017, which will reach a valuation of US$248.5 mn by 2022. In the near future, the prominent companies are expected to indulge in strategic collaborations with local players in order to increase their geographical presence and gain ground over the competitors.
On the basis of product type, the TMR report rates general stretcher chair as the leading segment of the global stretcher chair market, yielding 62.6% of the overall demand in 2017, which was worth US$128.1 mn. This segment is projected remain most profitable and account for 60.8% of the total demand in the market for stretcher chair by the end of 2022, serving revenue of US$151.0 mn. Geographically, the developed regions of Europe and North America currently serve maximum demand for stretcher chair, although Europe is expected to lose its leading position to North America, which has been estimated for an above-average CAGR of 4.2% during the forecast period of 2017 to 2022.
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Recent improvements to the product has been the most prominent driver of the global stretcher chair market. Now, stretcher chair are available that are designed specifically to carry patients in places such as corridors, stairs, and lifts, are easy to clean and lightweight as they are now made of aluminum alloy framework, and offer flexibility and fold-ability. Modern stretcher chairs now also come with safety belts for elderly patients and help majorly in transportation. As the awareness regarding the availability of these advanced products increases, the demand in the global stretcher chair market is expected to escalate.
The stretcher chair market is also gaining strong traction from the late but eventual penetration of ecommerce in the region of Asia Pacific. This is a vastly populated region, and the disposable income is increasing among the urban population. The consumers can now research their product and read the reviews as well as guidelines of usage before making the purchase. Mushrooming number of specialty clinics, increased number of accidents across the world, and escalating percentage of geriatric population who frequently suffer from illness that hinders their movability are some of the other factors augmenting the demand in the global stretcher chair market. While the high cost of these continues to obstruct the market for stretcher chair to meet its potential in the emerging economies, the companies are working on setting up localized manufacturing units in order to reduce production cost and meet the consumers at a reasonable price.
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Industrial Assembly Equipment Market - Overview on Future Threats by 2027

  April 14, 2020    No comments
  • Industrial assembly equipment are used in the production process of manufacturing goods across a wide range of industries. The various types or systems of industrial assembly equipment includes rotary indexing tables, vision inspection systems, robotic systems, walking beams, special - purpose machines, and feeding & handling systems. These are automated test solutions that are used across different industry sectors.
  • Industrial assembly equipment consists of machines, components, robots, and conveyors (computer – controlled), in the course of producing complex products that can be further used in automotive, food & beverages, and electronics industries, among others.
  • Assembly equipment or machinery are also known as automation equipment that assists and partially or fully automates the manufacturing process in manufacturing industries. This is expected to enhance the growth of the industrial assembly equipment market over the forecast period across the globe.
  • Besides, assembly equipment is essential to the functioning of a wide range of industrial applications such as finishing and assembling of products. Additionally, it is used in numerous specific manufacturing and assembly processes i.e. coating, grinding, cutting, marking, forming, packing, molding, smoothing, riveting, turning, and welding.
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Global Industrial Assembly Equipment Market - Dynamics
Key Drivers of the Industrial Assembly Equipment Market
  • Rising adoption of industrial assembly equipment in construction projects are expected to augment the demand for industrial assembly equipment due to reliability of the tightening system. This, in turn, is expected to drive the industrial assembly equipment market.
  • Rise in demand for industrial assembly equipment in the automotive sector so as to ensure reliability and quality in manufacturing of automobiles is likely to propel the industrial assembly equipment market.
  • Enduring technological advancements in healthcare and electronics industries are compelling manufacturers to automate assembly solutions, so as to increase productivity. This in turn is expected to drive the industrial assembly machine market.  
  • Growing demand to improve product quality by reducing errors and variability in different industrial applications is expected to propel the industry assembly machine market over the coming years.
Asia Pacific to Hold Major Share of the Global Industrial Assembly Equipment Market
  • The industrial assembly equipment market in Asia Pacific is estimated to expand at a significant rate during the forecast period owing to a rise in production of consumer goods, electronics, and growth in the manufacturing sector. This is likely to fuel the industrial assembly equipment market.
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  • Europe is projected to be a prominent market for industrial assembly equipment during the forecast period owing to increased investment in construction and automotive industry in the region.
  • North America is also expected to hold a significant share of the global industrial assembly equipment market during the forecast period, due to expansion of construction and manufacturing industry in the region.
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Key Drivers of the Pitching Machine Market

  April 14, 2020    No comments
  • A pitching machine automatically pitches a softball, baseball, tennis ball, etc. to a batter at different styles and speeds. Most machines are hand-fed, but some machines automatically feed. Pitching machine is one of the most common and vital equipment at every softball match.
  • Professionals, beginners, and many players rely on the use of a pitching machine to build upon their sense of timing and good rhythm while facing hundreds of pitches. Pitching machines come in several styles such as circular wheel machine and arm action machine.
  • The global pitching machine market is expected to expand at a rapid pace during the forecast period due to their increased demand from clubs and schools.
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Pitching Machine Dynamics
  • Increasing culture of batting practice is a major factor expected to propel the pitching machine market in the near future. This is primarily because pitching machines offer baseball and softball players the opportunity to get batting practice on their own.
  • Incorporation of technology in the features of pitching machines and rising adoption of technologically advanced pitching machines globally is projected to fuel the market.
  • Growing popularity of eSports, increasing sports sponsorships, an increase in the number of internet accessible devices, and economic growth along with the emergence of multiple sports channels is further expected to boost the growth of the pitching machine market in the forthcoming years.
  • Rise in the use of pitching machines in residential applications in developing countries is another key factor enhancing the expansion of this market.
  • Rising urbanization owing to increase in population and better living standards is expected to propel the demand for pitching machines during the forecast period.
  • Increasing government initiatives to encourage the population to participate in baseball and softball as a professional sport is expected to indirectly influence the demand for pitching machines in the next few years.
Increasing Sports Regulations to Hamper the Market
  • Increasing regulations on sports and increasing threat from home entertainment, video gaming, and mobile games are expected to hinder the pitching machine market in the near future. However, impact of this restraint is expected to go down during the forecast period.
  • Lack of awareness about pitching machines and shortage of sports professionals in developed nations is expected to hamper the market growth in the upcoming years.
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Kraft Paper Tin Tie Pouch Market - Overview on Ongoing Trends 2027

  April 14, 2020    No comments
Need for an alternative to plastic, an environment-friendly packaging which can be reused and recycled urged the introduction of kraft paper tin tie pouch. Kraft paper tin tie pouch serves as a convenient and customizable form of flexible packaging. It is a short term packaging which can be reclosed. Kraft paper tin tie pouch can be folded and sealed with a flat plastic or laminated iron wire to keep food fresh. They are sold in the market with an extensive range of designs and represent a modern way of living. The products stored in kraft paper tin tie pouch can be reused with assured freshness.
Kraft paper tin tie pouch provides storage efficiency, ease of disposal and is free from fragility. It protects the goods from oxygen, light, and moisture to maintain its aroma, flavor, and shelf life. Kraft paper tin tie pouch is made from 100% eco-friendly and biodegradable papers. Kraft paper tin tie pouch provides the facility to print a logo or design to provide consumers with product related information. These are also available with transparent windows which allow consumers to view the content. Kraft paper tin tie pouch is used to store a variety of items like coffee, confectionery, natural products, and dry goods. Being sustainable in nature, kraft paper tin tie pouch is expected to have a positive outlook during the forecast period.
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Kraft Paper Tin Tie Pouch Market: Dynamics
Changing lifestyles and an increase in per-capita income drives growth of the kraft paper tin tie pouch market. The need for flexible and safe packaging can increase the net sales of kraft paper tin tie pouch. Switch from plastic packaging to paper-based packaging for being cost-effective and easy to form can grab the attention of consumers. Increasing demand for coffee, cookies, tea, bakery, and confectionery products with rapid urbanization can boost the market for kraft paper tin tie pouch.
Packed foods are in demand in many countries, and the rise of the pharmaceuticals sector can help sales thrive. The energy required to produce kraft paper tin tie pouch is high as compared to plastic bags and can indulge in increasing air pollution. Kraft paper tin tie pouch made from paper can tear easily which can result in spillage of products. These factors can be a restraint to the growth of kraft paper tin tie pouch market.
Countries in Europe, North America and the Asia Pacific having the highest demand for products such as coffee, cookies, tea, nuts, candy, along with high consumption of medicines. The market for kraft paper tin tie pouch is therefore expected to witness an increase in demand in these countries. Kraft paper tin tie pouch market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for kraft paper tin tie pouch incorporated in the packaging of food, pharmaceuticals, stationery, and personal care products.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...