TECHNOLOGY FACTS

Industrial Battery Charger Market An In-Depth Study of Top Companies

According to the latest Fact.MR study, the competition in industrial battery charger market is characterized by a large number of smaller companies, which collectively hold 60% share in the global market revenues. Leaders, such as ABB Ltd, Exide Technologies, and Enersys are emphasizing improved R&D to accelerate new launches, and eventually boost their global presence. To achieve enhanced regional and global foothold in the industrial battery charger market, companies are observed to have adopted effective product innovation strategies. With growing focus on strengthening sales via direct distribution, notable industry players continue to have a strong market footprint, regionally and globally.

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New product developments (NPDs) will continue to be among the key winning imperatives, governing brand repositioning strategies of leading players in the industrial battery charger market. While a majority of NPDs are customer-centric and thus revolve around evolving end-user preferences, this has been rapidly emerging as an effective strategy for a better competitive edge. For instance, EnerSys, a leading player in the industrial battery charger industry, has recently launched a new range of forklift battery chargers, which are technically the advanced on-board chargers, allow for recharging of forklift motive power batteries anytime and anywhere. These battery chargers can turn a lift truck into a portable charging room.

In addition, strategic collaborations and M&A have been cited as the preferred competition strategies adopted by industrial battery charger market players. Several companies are entering strategic partnerships and forming joint ventures with regional players. By augmenting investments in joint ventures with regionally leading distribution partners, market participants are also likely to consider regional expansion as a preferred strategy in the near future. For instance, in March 2019, Hitachi, Ltd. announced establishment of its brand new headquarter in the Oceania region, reinforcing its business within the region.

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The digital revolution continues to thrive on the back of rapid transformations in battery technology that is used during industrial operations. Intelligent solutions continue to garner increased traction, strongly backed by the proliferation of IoT. Of late, digitalization has been transforming industries, and the IoT enabled smart charging technology is highly likely to gain considerable traction as a staple trend in the near future. As the rate of smart grid adoption continues to rise, it is highly likely that the smart battery charger sales will be on the rise over the course of forthcoming years.

An accurate methodology and holistic approach forms the base of the incisive insights presented in the industrial battery charger market. The Fact.MR study offers in-depth information related to the growth forecast of industrial battery charger industry and a systematic breakdown of the key factors that are influencing the growth of the market.

Comprehensive primary and secondary research has been performed to present actionable insights on the industrial battery charger market forecast. The report on industrial battery charger market has also gone through several authentication tunnels to ensure the uniqueness of provided insights and other information that have been included in the report.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Reach Stacker Market to Witness Robust Expansion Throughout the Forecast Period 2019-2029

The steady flow of materials and goods is the backbone of the modern world. With the enhancing efficiency of data-driven logistics, the swift, safe and precise container handling in ports and terminals has become even more important. This is further making it impossible to imagine a sea port without a reach stacker, which can lift and move tens of thousands of containers daily. With manufacturers rapidly increasing stacking and storage capacity of reach stackers, these container handling equipment are witnessing wide adoption at harbors worldwide. Reach stackers are not just the most frequently observed container handling equipment, but also getting recognized as a key success factor in intermodal transport, owing to their growing adoption for safe and quick container handling.

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Growing traction for reach stacker as one of the most flexible container handling solutions to operate at a smaller one unit terminal and medium-sized port as well, is pacing up the gains for the market. As reach stacker can handle heavy containers efficiently even in narrow lanes, while ensuring the driver has ideal visibility, it is increasingly replacing forklift and other conventional container handling equipment. Even the Fact.MR analysts have mentioned this growth in its latest business intelligence, estimating the sales of reach stackers to reach ~US 275 Mn in 2018. The market for reach stacker continues to pick steady pace, owing to the widening applications of this highly versatile and agile equipment for lifting containers of varying capacities.

Shipping continues to be the oxygen of global economy in numerous ways, with the international shipping industry responsible for the carriage of ~90% of world trade. According to UNCTAD stats, the global seaborne trade is expanding at improved 4% rate. As shipping lays the foundation for the intercontinental trade, large scale transportation of raw materials, and the import/export of reasonable food and manufactured goods, handling equipment used at harbors and sea ports have been garnering significant limelight in the recent years. Seaborne trade continues to thrive, bringing benefits for consumers across the world via competitive freight costs. This proliferating seaborne trade has led to an increased demand for efficient and quick container handling equipment that can operate precisely and efficiently even amid the highly congested seaports.

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Growing use of containers for sea transportation has been creating a greater need for efficient, quicker, and safe container handling equipment. In view of growing demand for improved container handling equipment, reach stackers are witnessing growing traction over forklifts and other conventional variants. Impressive flexibility along with the higher stacking and storage capacity of reach stacker are highly likely to add to the lucrativeness of these container handling equipment in the years to come.

In view of the growing seaborne trade, several sea ports are also undergoing massive expansion, which in turn is widening the bandwidth of opportunities for reach stacker manufacturers. Surging global seaborne trade volume and evolution of containerized shipping has led to an increased traction for the development of advanced, safe, and efficient container handling equipment, such as reach stackers.

Default container handling equipment continue to become a thing of past as growing number of end users are placing their focus on leveraging advanced variants that promise speed, safety and efficiency. As reach stackers give extensive freedom to the driver along with innumerable rotation possibilities, they are witnessing considerable deployment across sea ports, yards, and industrial spheres. These properties of reach stackers continue to enable driver to improve the work efficiency of the unit, while eliminating the need to approach the container from a 90 degrees position. Apart from increasing application in sea ports, reach stackers are also finding extensive deployment across yards and industrial applications.

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Mill Liner Market to Reflect Impressive Growth Rate by 2029

Competition analysis of the global mill liners market reveals its moderately fragmented nature, with 50-60% shares captured by prominent players in the mill liners landscape. Cement and mining industries will remain the key revenue generation hubs for mill liners market players, particularly for the leading companies. On the other side, smaller players operating in mill liners marketplace are likely to maintain their strategic focus on secondary end users. Technological innovations in the various materials used for manufacturing of mill liners will remain a strong differentiating factor for those who are augmenting their investments in efforts towards offering a range of highly durable and more efficient mill liners.

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The competitive landscape section of the mill liners market delivers the most insightful information regarding the key market players, their relative global position and business strategies. The market for mill liners is estimated to grow over the forecast period as the contenders in the global market are rising and competition with the existing players is estimated to grow in the next ten years. Moreover, a majority of companies deal in mills as well as mill liners, which will continue to have an advantage over those that are exclusively into the manufacturing and supply of mill liners.

The manufacturers in mill liners market are expected to expand their business portfolio with strategic developments, such as enhanced service offerings, material innovations targeting enduring liner life, regional and global expansion, strategic partnerships and collaborations, and M&A. While East Asia continues to be the prime market for mill liners market players, China is particularly identified to unfold the phenomenal growth potential for mill liners market over forthcoming years. This growth has been attributed to the country’s continued global primacy in cement production, which in turn, is set to promise a stream of opportunities for stakeholders in grinding mills, thereby supplementing sales of mill liners in the country. Research says that as China accounts for almost half of the world’s cement production volume it is highly likely that China will remain a significant market for stakeholders in the mill liners industry.

The cement business has been on a forward path over the past five decades. The rush of expansions, acquisitions, mergers, and consolidations has reshaped the global cement industry. The growing cement industry has created ample growth opportunities for grinding mills, which in turn are likely to drive the mill liners market. The demand for mill liners in the cement industry is highly anticipated to witness a momentous growth rate and is projected to reach about US$ 480 Mn 2029 end. Widening application scope of grinding mills in cement industries and the various mining sectors has also been supplementing the opportunities for mill liners in the global market. The demand for mill liners in the mining sector is however likely to witness healthy growth over the coming decade.

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Growing demand for ball mills has been positively influencing the overall mill liners market. The liners for ball mills are likely to reflect a healthy rate of growth in sales over the coming years, attributing to the remarkable rise in mineral dressing activities, which in turn are projected to create healthy growth opportunities for mill liners market participants.

Moreover, the superior throughput of rod mills continues to be an area of end users’ attention, thereby translating into the increase in demand. The demand for semi-autogenous mill and autogenous mill is also likely to gather pace over the course of years to come. The demand for steel mill liners has increased significantly in the past few years, and likely to remain prominent over the forecast period. The steel mill liners sales are estimated to grow at a significant pace during the forecast period. The resurgence of mining industry and growth of cement related industries have been creating ample growth opportunities for steel mill liners.

Research indicates that apart from steel mill liners, composite mill liners have been gaining notable traction in the global market over the recent past, which are projected to capture outstanding market shares in the global mill liners industry. The higher demand for composite mill liners is attributed to their lower wear rate and higher service life, when compared to other counterparts. However, the overall growth rate projected for the sales of composite mill liners will remain steady over the said period of time.

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Truck Refrigeration Unit Market: Electrification Set to Create a Buzz

The Fact.MR study opines that the demand for highly perishable foods has been expanding at an unprecedented pace, which in turn continues to hard press the food and beverage companies to strengthen their product cold supply logistics/chain. This has led to an increased demand for proper transportation refrigeration infrastructure, while creating a window of opportunities for the market players.

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In light of the dire need for the proper and safe transportation of highly temperature-sensitive products, such as fruits and vegetables, meat and sea food, and dairy products among others, chillers have been witnessing a significant demand over freezers. Growing agriculture sector, specifically in countries like India is further underpinning the adoption of chillers, which the Fact.MR study estimates that is likely to exhibit the incremental opportunity of ~510 Mn between 2019 and 2029. The demand for chillers has been primarily driven by the rapidly growing global meat production, which is anticipated to be 16% higher in next five years. As per the study, higher meat and sea food production will create an increased demand for refrigeration transportation, which in turn is projected to create innumerable opportunities for the market players in the forthcoming years.

The Fact.MR research study indicates that the rapidly proliferating agriculture sector in the developing regions has been creating an increased demand for proper transportation of temperature-sensitive fruits and vegetables. As per the study, the fruits and vegetables sector is envisaged to remain a considerable mine of opportunities for stakeholders that are looking forward to expand their business and extend their reach in the rapidly developing regions. In East Asia, China is projected to be the most attractive country through 2029, and accounted for ~70% regional market share in 2018. The traction for truck refrigeration units continues to pick pace in line with the rapidly growing cold chain industry and increasing demand for quality-ensuring packaged foods. Additionally, truck refrigeration units are also witnessing wide adoption for the accelerating applications in the pharmaceuticals industry, which in turn continues to promise lucrative growth opportunities for truck refrigeration units market in the future.

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The study indicates that the light duty vehicles will continue to remain the bedrock of sales for truck refrigeration units, owing to the increasing demand for smaller size vehicles for in-city product transportation. As per the Fact.MR analysis, light-duty vehicles accounted for ~46% market volume share in 2018, and their sales are highly likely to reach 46,862 units in 2019. As per the study, this steady growth in the adoption of light weight duty vehicle falls in line with the rising population, coupled with smaller lane size, specifically in developing regions. Though the demand for light weight duty vehicles continues to pick pace, the medium size trucks are also estimated to grow at volume CAGR of 4.4% during the foreseeable period.

As the world continues to focus on reducing carbon-emission, the automakers are increasingly developing electric vehicles to cut emissions significantly. In view of this shift in development and preference, a large number of manufacturers of truck refrigeration units’ are focusing on electric variants. Moreover, as per the Fact.MR analysis the adoption of vehicle powered truck refrigeration units continues to grow at a steady pace, whereas high cost diesel powered variants are increasingly losing their attractiveness. The adoption of vehicle powered truck refrigeration units reached ~61,129 units in 2018, and is likely to account for ~60% market share in 2019.

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Terminal Tractor Market: Industrial & Commercial Segment Dominates the Ownership Segment

Increasing fuel prices rises the demand for electric terminal tractors. The abilities of electric terminal tractor such as zero emissions and comparatively less energy consumption make them an attractive option among various end user. A number of manufacturers are investing significantly in research and development activities related to electric terminal tractors which is foreseen to augment well over the forecast period.

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Electric terminal tractors are far smoother than that of conventional diesel operated terminal tractors. The factors that is potentially hindering the demand of electric terminal tractors is the cost of battery packs. Higher cost of battery packs for electric terminal tractors is the prime reason for the low penetration of electric terminal tractors in the global market.

On the other hand, owing to the better price to performance ratio, terminal tractors operated by conventional fuel appears to be the most remunerative segment in the global market. The segment is foreseen to create overall incremental opportunity of over US$ 61 Mn in global terminal tractor market by the end of the forecast period.

In order to boost the work efficiency along with reduction of human errors, the adoption of new advanced technologies and automation is increased. Owing to the steadily rising international trade activities, the requirement of terminal tractors is also increasing which is further fueling the demand of automated type terminal tractors. Furthermore, the Internet of Things and digitalization are foreseen to bolster the penetration of automated terminal tractors in the global market. The automated terminal tractor segment is estimated to expand ~2x faster than that of the conventional segment over the forecast period.

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Improving business conditions, rising consumer spending, healthy external demand support activities, and promising investment plans directed towards developing economies are prime factors that have contributed to the development of the manufacturing output across the globe. The industrial & commercial ownership segment is foreseen to create incremental $ opportunity of around US$ 240 Mn and forecasted to grow gaining 88 BPS by the end of 2029. On the other hand, rental segment is expected to witness steady growth over the forecast duration.

The global market for terminal tractors is assessed across seven regions: North America Latin America, Europe, East, and South Asia, Middle East & Africa, and Oceania. Amongst all of the above-listed region, North America, to account for a thoroughgoing share in terms of volume as well as value and is foreseen to maintain its dominance over the forecast duration. Furthermore, in the terminal tractors market in Europe, Italy is the fastest growing and expected to witness a CAGR of 6.2% over the forecast period. Collectively, Germany, Italy, France, and the UK are foreseen to create incremental dollar opportunity of over US$ 50 Mn in the global terminal tractors market over the forecast period.

Industrialization, as well as globalization, are prime fillips fueling the expansion of seaborne trade especially in East & South Asia. Together, East & South Asia are expected to grow by gaining 216 BPS over the forecast period. Oceania and the Middle East & Africa, have seen near-to-stagnant growth in the past few years as compared to other growing regions owing to various political and technological conflicts. This naturally hinders the incorporation of technical expansions in terminal tractors market. The global market for Terminal Tractors is anticipated to generate the incremental opportunity of US$ 280 Mn and foreseen to expand at a CAGR of 3.5% in terms of value across the forecast period.

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Aerostructure Equipment Market Growth Analysis, Business Opportunities, Future Scope and Forecast 2027

The aerostructure equipment market is consolidated with a few number of vendors making most of the global sales. There is an increased probability of change in market share of key vendors as the new entrants into the aerostructure equipment market are expected to provide a comprehensive array of components and subsystems using automation technology in a financially viable manner. However, several stringent regulations related to the mass adoption of automation manufacturing technologies may hamper the aerostructure equipment market growth prospects.

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Aerostrcuture equipment OEMs such as The Boeing Company and Airbus SE, with several technical and financial resources are expected to being significant changes in the existing aerospace platforms. Similarly, small and medium vendors are benefitting from development efforts with existing prominent vendors. Some well-established vendors operating in the global aerostructure equipment market are KUKA AG which is an automated manufacturing and assembly solutions for industrial production based in Germany and Broetje-Automation, factory automation and tooling solutions expert with industry participants such as Boeing, Airbus, Spirit Aerospace and Fuji Heavy Industries.

The global aerospace industry considered to be one of the most important heavy industries in the world upon which several companies rely on the ability to transport both products and people around the world. However, along with substantial economic values, the global aerostructure equipment market combines huge resource consumption with one of the largest carbon footprint on the planet. Due to this reason, the primary drivers within the present aerostructure equipment research and development are towards the development of lighter structural materials and more efficient engines.

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Several potential nanomaterials and nano-engineering is helping to achieve these goals. Various nanomaterials are in use with success in aircraft construction as filler materials which is to enhance the properties of structural polymers. Carbon nanotubes (CNT’s) is gaining enough traction as fillers in polymers due to exceptional toughness and unique electrical properties.

All the developments targeted towards the production of lightweight and durable aerostructure materials is expected to drive the global aerostructure equipment market during the forecast period of 2019 to 2027. However, the main roadblock for the widespread adoption of nanomaterials is the hanging uncertainty over environmental and health implications.

The BRIC countries is estimated to contain about 40% of the world’s population and account for about one-fifth of the world’s GDP population where the leisure travel industry is growing exponentially. According to the International Air Transport Association (IATA), in 2017 there were about 4.1 billion air travelers with the most traffic from the Asia Pacific region. With air travel booming around the world as people continue to migrate for better economic opportunity, the global aerostructure equipment market is expected to soar exponentially. With the generation of countless new number of routes and requiring thousands of new planes, the development of the global aerospace equipment market is of prime importance.

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Lubricant Antioxidants Market Key Facts And Insights On Future Scenario To 2028

The US$ 1.6 billion lubricant antioxidants market is likely to witness 3% y-o-y in 2019, opines a new study by Fact.MR. Gains are likely to be driven by growing applications of lubricant antioxidants in various industrial sectors, especially automotive and transportation. The study remains bullish on growing demand for lubricant antioxidants in East Asia, with China leading the rally.

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The Fact.MR study finds East Asian countries, including China, Japan, and South Korea, account for around one-fourth revenue share of the global market. Demand for lubricant antioxidants from these three East Asian countries was valued at nearly US$ 435 million in 2018. A strong automotive industry, combined with growing investment in high-quality lubricants is likely to sustain market growth in East Asia.

The use of zinc dialkyldithiophosphates (ZDDPs) in gasoline or diesel engine oils and automotive lubricants has plummeted significantly over the past few years. Lubricant antioxidants have emerged as an efficient alternative to ZDDPs in automotive lubricants. These developments, the study opines, will push demand for aminic and phenolic antioxidants in 2019 and beyond.

Fact.MR finds that a mounting number of stakeholders in the lubricant antioxidants market perceive East Asia as the biggest consumer of automotive lubricants and are investing heavily to expand their product capacities in the region. Large chemical companies and oil industry players, such as BASF, Chevron, SONGWON, and Evonik, have invested heavily in lubricant additive technologies to capitalize on China’s fast-growing automotive industry and lubricants market.

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The study observes that a majority of leading players in the lubricant antioxidants market are investing heavily in China to leverage China’s highly efficient and reliable logistics capabilities. Fact.MR opines that these developments are likely to create a strong market for lubricant antioxidants, not only in China, but in the larger East Asia region.

The Fact.MR study finds that although applications as automotive lubricants and engine oils account for around one-third share of the global market, demand continues to surge across a range of industries. The study opines that applications as industrial lubricants will create sustained opportunities for manufacturers in the near future.

Increasing industrialization is fuelling demand for high-performance industrial lubricants as improving the durability of machines and boosting operational efficiency gain center stage. The Fact.MR study opines that this will remain a primary driver for increasing applications of lubricant antioxidants in the industrial sector in the next decade. Leading players in the lubricant antioxidant market are expected to realign their salient business strategies to capitalize on this trend in the market.

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Fact.MR’s methodology is robust Request for the Sample of the Report: and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Zeolites Market – Synthetic Zeolites Remain Preferred Category

According to Fact.MR’s recent publication, the zeolites market remains moderately consolidated in nature, with ~40% shares held by leading companies in 2018. Key companies are focused on technology advances and optimizing operations to remain ahead of the curve. While leading companies adhere to vertical integration, mid-level competitors are concentrating efforts towards product portfolio expansion and enhancing customer base, while emerging players emphasize brand recognition.

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The frontrunners in the zeolites market continue to focus on new product developments, to come up with solutions built on next-gen zeolite technologies. These players are also making profuse investments in capacity expansions, and upgrading their manufacturing techniques. Clariant AG and BASF SE are among the key companies incorporating these strategies.

Increasing utilization of zeolite across untapped applications, including energy & power and healthcare, is likely to create opportunities for the market players. Zeolites manufacturers are therefore focusing bespoke offerings that suit the distinct requirements of end-users. Global rise in spending on the construction industry is likely to pave opportunities for the zeolites manufacturers. While the zeolites market is characterized by long-term manufacturer-supplier relationships, companies are engaging in acquisition and collaboration strategies in an attempt to expand their customer base.

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The study opines that synthetic zeolites continue to witness a relatively higher demand than natural zeolites. Sales of synthetic zeolites are likely to remain modest in the foreseeable future, accounting for ~60% shares of the global market. Favorable ecological properties of synthetic zeolites have led them to rapidly replace phosphates as the raw material for manufacturing detergents. The abundant availability of raw materials used to produce synthetic zeolites and the ability to make desired structure with the help of synthetic zeolites are propelling their production and adoption among end-users.

The zeolites market report offers the audience with a detailed assessment of the market with the help of market value and forecasts articulated on the basis of a verified and effective research methodology. The detailed research is based on thoroughly assessed primary and secondary data by expert analysts at Fact.MR, further adding value to the zeolites market report. Fact.MR’s proprietary deep-rooted analysis model has been incorporated to generated significant market estimations backed by the impact of macroeconomic factors. Information validated by primary respondents, further augments the credibility of the study which acts as a vital business tool that is an authentic source of information for the companies looking to expand in the zeolites industry. The exclusive zeolites market insights allow stakeholders to take informed decisions and formulate long-term strategies for the growth of their business.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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Metal Coatings Market Axis, Connectivity, Rating, Application & Regional Overview to 2027

Metal coatings market is highly fragmented with a maximum number of tier 2 companies. Product improvement, new product launches, and end-user penetration are high among tier 1 and tier 2 players. With a rise in regulations on VOC emission, both tier 1 and tier 2 players are focusing on new product launches and technologies. Facility expansion is one of the key focus areas of leading companies. While the tier 2 players are focusing on improving the existing products with new technologies and formulations. New and smart metal coatings providing protection against chemical staining, UV, dirt, and corrosion are provided by top players in the metal coatings market.

Automotive and building and construction industries are emerging as key drivers for the growth of metal coatings market. Heavy investment in the construction industry in the Asia Pacific region is offering growth opportunity or metal coatings manufacturers. Countries such as China, India, Qatar, and Indonesia are demanding quality metal coating products for mega construction projects.

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The consumption of coated steel is also growing in the construction industry in India and China. Coated steel is largely used in structures, wall cladding, and roofing. This is driving the demand for metal coatings products to develop coated steel for building infrastructure.Automotive manufacturers across the globe are looking for light-weight materials to develop light-weight vehicles. This is resulting in advancement in metal coatings technology.

Automotive coatings are gaining traction in Japan, China, Germany, the US, and India. Painting being the most cost and energy-intensive process in the automotive industry, coating manufacturers are investing in research and development activities to reduce the cost and time.

The demand for direct-to-metal coatings is on a rise owing to its cost efficiency and environmental benefits. Direct-to-Metal coatings are witnessing demand in light and medium duty industrial application with need or protection from elements such as UV degradation or corrosion.

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Regulations pushing towards lower Volatile Organic Compounds (VOC) is one of the factors driving demand for direct-to-metal coatings. In direct-to-metal coatings, the waterborne direct-to-metal coatings are replacing solvent-borne coatings across various industries as it requires single-coat application as compared to two step primer, thereby saving cost and labor.

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

One Component Foam Market Global Analysis, Trends, Emerging Technology Till 2027

Tier I companies in the one component foam market hold the revenue share of around 35-40% and Tier II & III stakeholders account for 25-30% and 30-35% revenue shares, respectively. The one component foam market is expected to remain highly fragmented with the presence of a large number of stakeholders in the market in several regions.

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Frontrunners have adopted strategies to grow inorganically in the one component foam market, by acquiring local market players and through partnerships and joint ventures. The presence of top-tiered market players and needs for high initial investments create barriers to entry for Tier II & III stakeholders. However, they are paving their way in the market by introducing application-specific features of one component foams to target a wide range of end-users.

One component foam is commonly used as an insulation material in the construction industry, especially as a construction sealant. Extraordinary characteristics of one component foam as adhesives and sealants are leading to creating more sales opportunities for market players in the global construction industry.

The revival of the construction industry in developed regions such as North America and Europe, and recent infrastructural developments in emerging countries has spurred the rise of the one component foam market. One component foam manufacturers are focusing on improving characteristics and features to suit specific needs of end-users from the construction industry to bolster sales with exponentially growing construction industry. Additionally, the recent trend of sandwich paneling has provided a boost to the use of one component foam as a construction sealant. Thereby, innovations in the construction industry are likely to diversify the applications of one component foam, which will influence growth prospects of the one component foam market in the upcoming years.

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Foreseeing the environmental impacts of one component foam, especially spray foam, various governmental organizations as well as nonprofit environmental organizations across the globe have proposed to regulate the manufacturing and marketing of one component foam. Renowned governing bodies, such as the U.S. Environmental Protection Agency (EPA) and Europe’s REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals), have established a regulatory framework to mitigate the negative impacts of potential chemical exposures through one component spray foams on the environment, indoor air quality, and human health. As end-users are becoming aware of the importance of indoor air quality and environmental impacts of harmful chemicals in one component foams, especially spray foams, manufacturers in the one component foam market are shifting their focus on the chemical compositions, and potential health risks of one component foam to comply with stringent regulations and sync with the needs of environmentally conscious end-users.

Customers and industrial end-users are continuously seeking energy efficient equivalent for almost every product they are about to purchase; and one component foams is no exception. One component foams find maximum applications in the construction industry and end-users are focusing on minimizing their energy consumption to reduce their production cost by opting for energy-efficient insulting materials or sealants such as one component foam. Furthermore, taking into consideration that construction materials have a significant impact on the environment, one component foam market players are aiming at contributing to a safer environment by offering environmentally friendly one component foam.

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