Monday, 8 March 2021

Personal Protective Equipment Market Outlook Analysis by 2025

According to a new research study by Transparency Market Research (TMR), the increasing requirement of organizations to modify their business models in a bid to include frequently changing rules and regulations is fueling the demand for personal protective equipment across the world. The key players in the global personal protective equipment market, such as Avon Rubber, 3M Co., MSA SAFETY, Ansell Ltd., National Safety Apparel, National Safety Apparel, Kimberly-Clark Corp., Uvex Safety Group, Honeywell Safety Products, COFRA Holding AG, and Rock Fall Ltd. are working consistently to meet the demand of consumers. Currently, these vendors are emphasizing on product innovation to strengthen their foothold in the market. Over the coming years, they are expected to involve increasingly into strategic partnerships to expand their regional boundaries, notes the market study.

As per the research report, the global market for personal protective equipment market stood at US$40.4 bn in 2016. The opportunity in this market is projected to expand at a CAGR of 7.0% over the period from 2017 to 2025 and rise to US$72.08 bn by the end of the forecast period. The manufacturing industry has surfaced as the leading end user of personal protective equipment and the scenario is anticipated to remain so over the next few years. Among products, the demand for fall protection equipment is relatively higher and researchers expect this trend to continue in the near future, states the research report.

Implementation of Strict Workers’ Safety Rules to Fuel Demand for Personal Protective Equipment

“The rapid industrialization is the main driving force behind the growth of the worldwide market for personal protective equipment,” says an analyst at TMR. The increasing awareness among consumers pertaining to personal safety and the substantial increase in the manufacturing and the transportation sectors are also propelling the market considerably.

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On the other hand, the volatility in the raw material prices may hamper the market’s growth in the near future. However, the increasing implementation of stringent rules and regulations for work place safety by several government authorities is anticipated to support this market over the forthcoming years, states the research report.

North America to Remain on Top

The research report also offer a geographical analysis of the global market for personal protective equipment. According to it, North America emerged as the leading regional market for personal protective equipment in 2016 and acquired a share of 38%. With the extensive uptake of personal protective equipment across a number of industries in this region, the North America market for personal protective equipment is anticipated to remain on the top over the next few years, reports the research study.

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The review is based on a report by Transparency Market Research (TMR), titled “Personal Protective Equipment Market (Product Type – Eye and Face Protection, Head Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Professional Footwear, Fall Protection, and Hand Protection; Application – Construction, Manufacturing, Oil & Gas, Chemicals, Food, Pharmaceuticals, Transportation, and Healthcare) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”

3D Printed Jewelry Market Development, Outline, Competitive perspective and Forecast, 2021 to 2027

The global 3D printed jewelry market report is an-depth analysis of upcoming trends, drivers, and economic forecast. 3D printed jewellery has quickly become the go-to option for consumers, thanks to myriad of customization options and personalised sense of ownership. The key players in the 3D printed jewellery market are 3D Systems, Argen, Autodesk, DWS, and Asiga.

For players established in the fashion industry, the future period is expected to be challenging and promising for various reasons. The digital shift in the virtual space, and their ability to remain nimble is expected to remain key to growth in the 3D printed jewelry market. Despite the large size of various fashion-houses, the digital shift is expected to give edge to various new players and create a robust and competitive landscape in the near future.

Global 3D Printed Jewelry Market: Notable Developments

The brick and mortar store are experiencing an immense decline in the industry. The jwelery business has not remained immune to the development. For example, in the last 5 years, over 70 plus stores of Sierra-West Jewelers were closed in Salt Lake City. The company also reported that they witnessed a 20% uptake in the area in online sales. The new start-ups in the business are increasingly moving towards online business wherein customised, personalised jewellery and other options are offered to customers.

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A recently held fashion expo in Israel showcased jewels from 45 different artists. These artists included individuals of various faiths and came together to celebrate art with the help of 3D printing. They recreated various old-artefacts and jeweleries for the exhibition in a bid to attempt the next-to-impossible of recreating the past. Moreover, the event was also a celebration of various antiques that were key to understanding history and culture in museums. Such events and new possibilities in 3D printing are expected to drive lucrative growth for players in the 3D printed jewelry market.

Global 3D Printed Jewelry Market: Drivers and Restraints

The global 3D printed jewelry market is expected to witness major growth in gold jewelry sales. The jewelry is always popular, thanks to its attractive designs, and long-term value for savings. The recent decline in prices of gold in the global market is expected to drive significant growth for the market as 3D printing makes customizing a traditional jewellery a lucrative proposition. Additionally, the rising demand for shiny jewels which is casual and cost-effective is also expected to drive significant growth for the global 3D printed jewelry market. The lack of skilled labor continues to be a challenge in the jewelry business. Increasing training programs, and automation are expected to drive significant growth for the global 3D printed jewelry market.

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Global 3D Printed Jewelry Market: Geographical Analysis

The global 3D printed jewelry market report covers all major regions of the globe including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, the global 3D printed jewelry market is expected to witness robust growth in North America region. The rising influx of e-commerce, increasing demand for online sales, and increased investment in technologies like 3D printing across the board are expected to drive significant growth.

Moreover, the global 3D printed jewelry market is also expected to register significant growth in Asia Pacific region. The 3D printed market in the region is witnessing a major boom as large population, growing disposable income, and traditional demand for gold jeweleries are expected to emerge as main drivers. The global 3D printed market is also expected to make significant headways in Europe as online becomes the go-to option for consumers.

Floor Covering Market Growth, Size, Statistics and Opportunity During 2021 to 2027

 

  • Floor covering products are made with felts, textiles, rubber, resins, or other artificial or natural substances applied or fastened on the base level surface.
  • Floor coverings are installed in rooms to provide durability, comfort, decoration, and safety.

Key Drivers of the Global Floor Covering Market

  • Growth in the housing industry at the global level is a favorable factor driving the floor covering market, as a result of consumer demand for smooth surface flooring.
  • Rugs and carpets are popular among consumers due to their aesthetic and functional properties which can cover the floor as well improve the overall home or office décor appeal. Rising consumer spending on home décor products to bring aesthetic improvements is also driving the market growth.
  • Technological advancement in floor cover installation is driving the market growth. Key players are investing on advance equipment which helps companies to install the product on a shorter timeline.
  • Enforcement of government regulations regarding disposal of waste and carbon emission have significant influence on the broadloom and carpet tile manufacturing industry. As a result, tile manufacturers are working on a product recycle process with more focus on a reverse distribution model to promote return of carpet tiles.

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Growth in Residential and Commercial Construction Industry

  • Rising residential and commercial construction in urban and rural areas is set to drive the sale of floor covering products. Construction industry is growing at a fast pace. In 2018, construction spending in New York City was over 70 billion. High spending on construction is likely to result in rising sale of flooring products.
  • Average home décor product cost is increasing at a high pace which is driving consumers to purchase floor covering products which is comparatively budget friendly.

High Cost of Production to Hamper the Market

  • During the manufacturing of textile floor coverings (including carpets and rugs), non-degradable waste is manufactured, which is expected to become a challenge to the market growth.
  • Production cost of textile floor covering is comparatively high which works as a market restraint.

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Asia Pacific to Hold Major Share of the Global Floor Covering Market

  • Asia Pacific is the dominant floor covering market as a result of extensive residential usage. Increasing middle class population in developing countries such as China and India is expected to have a huge impact on the floor covering market.
  • Rising textile production in India and China will further work as a favorable factor. Furthermore, rising residential construction is anticipated to enhance the market growth.
  • Demand for floor covering is also observed in North America and Europe. Demand for tile flooring is significantly high in developed countries including the U.S., U.K., Germany, and France.

Key Players Operating in the Global Market

Large number of small and large local and global players are present in the floor covering market. Companies adopt different strategies such as product innovation & development, geographical expansion, and merger & acquisition, helping them to increase their market share. A few of the key players operating in the global floor covering market are:

  • Armstrong Flooring
  • Dixie Group, Inc.
  • Forbo Holding
  • Gerflor Group
  • Home Depot Inc.
  • Interface, Inc.
  • Mannington Mills Inc.
  • Mohawk Industries, Inc.

Disposable E-cigarettes Market Emerging Players, Growth Analysis And Precise Outlook – 2027

 

  • Disposable e-cigarette is a ready-to-vape product, designed in such a way that it is thrown away after the e-liquid has run dry.

Key Drivers of the Global Disposable E-cigarettes Market

  • Rising traction of using disposable e-cigarettes among millennial population in North America and Europe is expected to boost the market growth.
  • Disposable e-cigarettes are assumed to be a safe alternative to rechargeable e-cigarettes; this is likely to work as a positive factor for the market. Furthermore, increasing acceptance of different vaping devices among young adults and adolescents is set to drive market growth.
  • Consumers shifting preference toward electronic cigarettes to control daily nicotine dosage is working as a favorable factor for the disposable e-cigarettes market. Companies offer different flavors to increase their customer reach.
  • Demand for non-tobacco products is expected to boost the global e-cigarettes market. It has been observed that older people prefer this product as it does not have any negative effect on health.

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Growth Opportunity from Developing Countries

  • Demand for e-cigarettes is expected to grow at a higher pace in developing countries. Large distribution channels of key tobacco players is projected to help increase their market reach in developing countries.

Strict Government Regulations to Work as a Market Restraint

  • In the Asia Pacific region, governments of different countries are changing the regulations pertaining to vaping products. For instance, India, Brazil, Uruguay, and Singapore have banned e-cigarette products to decrease tobacco consumption among people. Moreover, lack of technological awareness among consumers is also likely to decrease product sales in different countries.

North America to Hold Major Share of the Global Disposable E-cigarettes Market

  • North America accounted for largest share in the global disposable e-cigarettes market. Major players including R.J. Reynolds Vapor Company and Philip Morris International Inc. are operate in this market. Moreover, rising adoption of the product among millennial and generation X is expected to boost the market growth. The trend of vaping is increasing simultaneously in both the U.S. and Canada.
  • The market in Europe is expected to expand at a higher pace. Adoption rate of disposable e-cigarettes is significantly high in the U.K., France, and Germany. Demand for fruit flavored e-cigarettes is also significantly gaining popularity in this region.

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Key Players Operating in the Global Market

The global disposable e-cigarettes market is highly competitive with the presence of numerous small and large players. Companies adopt several strategies including product innovation & development, geographical expansion, and merger and acquisition to increase their market revenue. China based company, Ruishi Technology launched a type of disposable e-cigarette brand namely “RUi.” Under this brand, the company sells chewing gum electronic cigarettes. The product is made with low nicotine content from 4.9% to 0.

A few of the key players operating in the global disposable e-cigarettes market are listed below:

  • British American Tobacco
  • Global Tobacco, LLC
  • Imperial Brands
  • Japan Tobacco Inc.
  • Mistic E Cigs
  • NJOY
  • PHILIP MORRIS PRODUCTS S.A.
  • Reynolds American Inc.

Aero Derivative Gas Turbine Market Growth Analysis, Scope and Strategic Outlook – 2026

Aero derivative gas turbine is a light-weight gas turbine. It mixes fuel with air to produce the required energy output. Aero derivative gas turbines have higher efficiency and are comparatively lighter than its alternative option such as traditional gas turbines. Aero derivative gas turbines are mainly divided into two categories: combined or closed cycle technology and open cycle technology. Most of the turbines are operated based on open cycle technology. In open cycle technology, turbines draw air from atmosphere that helps in producing high energy with low fuel consumption.

Capacity of aero derivative gas turbines varies from 0 MW to 65 MW. In terms of capacity, aero derivative gas turbines are categorized into turbines less than 18 MW and turbines greater than 18 MW. Aero gas turbines are in higher demand than other types of turbines due to their higher flexibility, shorter maintenance time, and lower carbon footprint. Aero gas turbines are used in various industries, such as oil & gas, marine, and aviation. Moreover, most of the regions across the world are shifting to unconventional clean energy technology from conventional type.

Rapid industrialization, coupled with rise in focus on cogeneration technology to fulfil growing demand for electricity across the world, is a key driver of the global aero derivative gas turbine market. Many countries today are investing heavily in aero gas turbines in order to replace coal fired power stations, as the former can provide sustainable energy while achieving clean energy target. Increase in demand for capability enhancement in aviation and rise in focus on maritime defense forces are projected to drive the aero derivative gas turbine market in the near future. Low carbon footprint, light weight, short maintenance downtime, and high cycle flexibility associated with aero derivative gas turbines are anticipated to augment the growth of the market during the forecast period.

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Furthermore, implementation of strict emission norms by governments across the world is expected to propel the global aero derivative gas turbine market in the next few years. However, presence of limited number of manufacturers against the rise in demand for aero derivative gas turbines is projected to restrain the growth of the market in the near future. Nevertheless, rise in demand for reliable power sources and sustainable and efficient technologies are expected to create significant opportunities for the aero derivative gas turbine market during the forecast period.

The global aero derivative gas turbine market can be classified based on capacity, technology, application, end-user industry, and region. Based on capacity, the market can be segmented into less than 18 MW and greater than 18 MW. In terms of technology, the global aero derivative gas turbine market can be categorized into combined cycle technology and open cycle technology. Based on application, the market can be divided into aero derivative services and heavy duty services. In terms of end-user industry, the global aero derivative gas turbine market can be categorized into energy, defense, oil & gas, marine, industrial, and aviation. Based on region, the global aero derivative gas turbine market can be classified into North America (the U.S., Canada, and Mexico), Europe (Germany, the U.K., Italy, France, Russia, Poland, and Spain), Asia Pacific (China, Japan, India, South Korea, Australia, Singapore, Malaysia, and Indonesia), Middle East & Africa, and South America.

Major players operating in the global aero derivative gas turbine market include General Electric, Opra Turbines, Siemens AG, Kawasaki Heavy Industries, Mitsubishi Hitachi Power Systems Ltd, NPO Saturn, Rolls-Royce, Harbin Electric International Company Limited, ABB, Capstone Turbine, and Ansaldo Energia. Aero derivative gas turbines have two key parameters: efficiency and pricing. With increase in competition in the market due to presence of limited number of manufacturers, top companies are heavily investing in expanding their R&D facilities to develop and design durable, efficient, high-strength, and high-quality turbines. Moreover, they are striving to develop efficient, cost-effective, and sustainable technologies for application of aero derivative gas turbines.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Air Purifying Respirator Market Global Outlook, Research, Trends and Forecast to 2027

Air-purifying respirator is a kind of personal protective equipment (PPE) which is used by workers in an atmosphere where the air is contaminated by fumes, dusts, fumes, harmful gases or vapors. An air purifying respirator market provides clean and breathable air through face mask, and hoods which helps to remove air pollutants.

Numerous factor such as increasing pollution and number of airborne disease is increasing the demand for air purifying respirator in the global market. Increasing awareness about the importance of worker safety at workplace leads to increase in demand for air purifying respirator market over the forecast period. Air purifying Respirator protects workers from chemicals, toxic gases, radiological, and nuclear hazards.

Respiratory cancers, including mesothelioma, and lung cancer are caused due to exhaust emissions of diesel engine, asbestos, silica and mineral oils. Moreover chronic obstructive pulmonary disease and other non- cancerous disease are cause due to wide range of toxic vapor, gases, dust and fumes. Rising concern related to employees health and rising workers safety rules and regulation across globe is anticipated to fuel the demand during the forecast period. Rising disposable income of people across globe and rising health conscious among the people of all ages is resulting into rising demand for air purifying respirator market over the forecast period.

High price of air purifying respirators act as major hinder in growth of global air purifier respirator market. Increasing process of automation in various industries is also restricting the growth of air respirator market. Moreover, air purifying respirator possess various environmental hazardous, which is expected to be the major restraint for air purifying respirator market. The key challenges faced by the air purifying respirator market are the emission of hazardous by product and increasing noise level over the forecast period of time.

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The air purifying respirator market can be segmented in terms of product type, end user, and geography. Based on product type, air purifying respirator market can be categorized into Disposable and Reusable respirators and by power type they can be categorized into powered air purifying respirator and non- powered air purifying respirator. In terms of end user, the market is divided into Healthcare & pharmaceuticals, food and beverages, Gas & Oil Manufacturing, Defense & Public Safety Services.

On the basis of geography air purifying respirator market is bifurcated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the air purifying respirator market in terms of market share across the globe owing to strong huge spending on health by people and awareness among people.  Moreover, stringent rules and regulation regarding the use of air purifying respirator in industries also fuel the demand during the forecast period.

Asia Pacific is expected to lead in terms of market share due to rising investments in the manufacturing, construction, and food and beverage sector. Countries such as India and China are likely to show significant growth in the electronics and automobile industries. Stringent norms regarding employee health and safety in various high-risk activities are anticipated to drive the demand during the forecast period.

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Key players operating in the air purifying respirator market are 3M., Honeywell International, ILC Dover, Northern Safety etc. The major strategy adopted by key players in the air purifying respirator market are launching of the new product development and modification and improvement in the existing product. Some player also do partnership with various academic institutions etc. For example:  ILC Dover has introduced a new product which is designed to be used by healthcare employees in Ebola-infected locations

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Aircraft Arresting System Market Overview and Competitive Landscape 2021 to 2025

An aircraft arresting system is a mechanical system used to swiftly decelerate an aircraft as it lands. In addition, aircraft arresting system on aircraft carriers is a vital component of naval aviation. Based on end user, the market is segmented into military airbase, commercial airport and aircraft carrier. In 2016, among the various end user, military airbase segment dominated the market followed by commercial airport. In addition, aircraft carrier is expected to grow at the highest rate for the coming years. Increase in procurement of jet aircraft is major driver driving the military airbase market. The construction of temporary runways is one of the key factor fuelling the demand of the military airbase segment in the market.

Based on system, the market is segmented into portable and fixed. In 2016, among the various system, fixed system dominated the market followed by portable system. In addition, military is also expected to grow at the highest rate for the coming years. Increase in the territorial disputes in different part of the world is one of the key factor fuelling the demand of fixed system segment in the market during the estimate period of 2017 – 2025.

Based on platform, the market is segmented into ship-based and ground-based. In 2016, among the various platform, ship-based segment dominated the market followed by ground-based. In addition, ship-based segment is also expected to grow at the highest rate for the coming years. Increase in the number of aircraft carriers in different parts of the globe and replacement of aircraft arresting systems with naval-based systems are some of the key factor fuelling the demand of the ship based segment in the market during the forecast period of 2017 – 2025. Increase in the demand for naval carriers in different parts of the globe is major driver driving the ship based segment in the market during the estimate period of 2017 – 2025.

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Increase in the demand of aircraft arresting systems from naval and increase in the use of arresting gears in UAVs are some of the key factor boosting the demand of the during the forecast period of 2017 – 2025. However, limited capabilities of arresting gears is one of the major restraining factor for the market during the forecast period of 2017 – 2025.

The geographical split of the market includes North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. In 2016, North America dominated the market for the aircraft arresting system followed by Europe. In 2016, the U.S. was the major market for North America. Increase in the use of aircraft arresting system in naval is major driver driving the market for the aircraft arresting system in the coming years. Increase in the installations of aircraft arresting system at airports to avoid traffic of aircrafts is one of the major trend for the market in North America.

Europe is expected to grow at the stable rate. Advancements in arresting gear technologies and increase in the demand of naval carriers are some of the key factor fuelling the demand of the market in Europe in the coming years. Asia Pacific is expected to grow at the maximum CAGR in the coming years. In 2016, China dominated the Asia Pacific market and expected to do the same in the coming years.

Increase in the investment in airports and advancement of aircraft arresting system are some of key factor fuelling the demand of the market in Asia Pacific. Latin America and Middle East & Africa is expected to grow at the healthy rate for the forecast period. Increase in the demand of aircraft arresting system in various end user such as military airbase and commercial airport among others is one of the key driver driving the market in the coming years.

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The major players in the market are Runway Safe (Sweden), Zodiac Aerospace (France), SCAMA AB (Sweden), General Dynamics Corporation (United States), Boeing (United States), Scama AB (Sweden), General Atomics (United States), Wireco Worldgroup (United States), Atech Inc. (United States) and Escribano Mechanical & Engineering (Spain) among others.

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 ...