TECHNOLOGY FACTS

Electric Lawn Mower Market Segmentation, Opportunities, Trends & Future Scope to 2028

Electric lawn mowers are catching the imagination of a rapidly growing ‘environmentally-conscious’ demographic. Demand is also positively influenced by significant upgrades in battery power and precision cutting. On the coattails of these factors, global sales are likely to surpass 10 million units in 2019, equating a market value in the vicinity of US$ 9 Bn.

Report Overview: https://www.factmr.com/report/811/electric-lawn-mower-market

Demand for electric lawn mowers – subdued in the past due to low battery life and inappropriate mowing capacity – has been gaining ground at a quick pace. Lawn mower manufacturers have been quick to assess end-user demand, and the market has witnessed launch of several electric variants that can rival gasoline based variants for longevity and precision. However, the report finds that high price of electric lawn mowers continues to be a deterrent.

Sensing the needs of end-users, manufacturers have launched electric lawn mowers across a range of power capacities. 500-1800W electric lawn mowers continue to be the highest selling variant, with ‘up to 500W’ also emerging as a lucrative segment. The report projects ‘up to 500W’ electric lawn mowers to grow at a slightly higher rate vis-à-vis 500-1800W variants, however the latter will reign supreme – both in terms of volume and value throughout the assessment period.

Robotic electric lawn mowers are likely to witness impressive growth rates, albeit from a small base. Robotic electric lawn mowers are expensive, which has led to sales concentration among specific demographics. However, as manufacturers focus on reducing the overall price on the back of technological innovations, uptake is likely to grow at a brisk pace. Although robotic electric lawn mowers represent an emerging opportunity, ‘walk behind’ electric lawn mowers will remain the highest selling product throughout the assessment period. The dominance of this segment can be gauged from the fact that 80% of all electric lawn mowers sold in 2017 were ‘walk behinds’.

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The report finds that consumers prefer to shop for electric lawn mowers in conventional retail stores, whereas online sales have started to complement demand. 70% of all electric lawn mower sales in 2017 were through conventional retail stores. Although sales through online stores are likely to grow at a slightly higher rate vis-à-vis online channels, the former will remain the pervasive sales channel throughout the forecast period.

Electric lawn mowers are used for both residential and commercial applications, however, their penetration has remained limited in the latter owing to the limitations in mowing large lawns. The report finds that although manufacturers have made upgrades to existing battery powers, gasoline electric mowers remain the preferred choice for large lawns. Demand from residential segment accounted for nearly 80% volume share of the market in 2017.

The report finds that the US is the largest electric lawn mower market globally. Adoption of these lawn mowers in the US is driven in part by broader shift towards electrification, and in part by increasing efforts by individuals to reduce carbon footprint. The lucrativeness of the US means that North America continues to be the most lucrative market for electric lawn mowers – both in terms of value and volume.

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Dust Extraction System Market Shares, Strategies and Forecasts, Analysis and Overview upto 2028

Penetration of the dust extraction system continues to remain rigorous in mining, quarrying, and oil & gas sector – a key trend complementing steady demand from lumber, construction, and chemical industries. A new Fact.MR study envisages nearly US$ 9,990 Mn worth of dust extraction systems to be sold worldwide by 2028-end, with mining, quarrying and oil & gas accounting for over 25% of sales.

Report Overview: https://www.factmr.com/report/839/dust-extraction-system-market

Awareness uptake apropos of clean & healthy working environment, combined with implementation of mandatory standards with regard to workers’ safety is impacting demand for dust extraction system worldwide. Regulatory bodies such as the National Fire Protection Association (NFPA), and Occupational Safety and Health Administration (OSHA), mandating use of dust extraction systems to provide a clean ambience for employees, particularly in manufacturing, processing, and construction industry, is a key growth determinant for the market.

North America and Europe continue to endure as lucrative markets for the dust extraction system, however the latter is set to grow at a slighter higher rate through 2028. The dust extraction system market in North America remains consolidated in the U.S., with authorities such as the Environment Protection Agency (EPA) levying rules apropos of emission levels of the dust extraction system that all stakeholders must comply with.

Future growth prospects of the dust extraction system market in Europe are likely to be promising, underpinned by rapid rise in the region’s construction and waste management industries. Recognizing imperativeness of the dust extraction system in industrial applications, European manufacturers are integrating advanced technologies for offering application-specific solutions. Conformance to CE (Conformité Européene) Marking Compliance, and the ATEX Directive 2014/34/EU, by dust extraction system manufacturers in Europe will continue to influence their manufacturing strategies, thereby impacting development and sales.

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End-users continue to represent a marked preference for wet scrubbers and vacuum dust extraction system. Wet scrubbers and vacuum dust extraction system are expected to remain top-selling variant, with cartridge and bag filters trailing the suit. Albeit media blasting rooms and suction benches currently hold lower market shares, the report foreseen these variants to showcase relatively higher growth in the near future, in terms of both value and volume.

According to the study, dust extraction system is available in wide varieties depending upon the dust type being handled, ranging from dry extractors to blowers with dust extraction. Worldwide sales of the dust extraction system remains consolidated in the dry extractors and wet extractors segment, whereas revenues from pulse jet bag filter system continue to be sluggish. Sales of blowers with dust extraction are set to record a relative higher rate through 2028.

With regulatory bodies such as OSHA, NIOSH and NFPA mandating industries employment of dust extraction systems, while conforming to certain standards, has entailed several challenges for the equipment manufacturers. The rating scale of Minimum Efficiency Reporting Value (MERV), set by the EPA in coordination with OSHA, has facilitated evaluating efficiency of filters equipped in the dust extraction system. However, modification of production methods to keep up with these standards, so that the equipment does not exceed emission levels set by OSHA and the EPA, has confined expansion of the dust extraction system market.

As these standards & regulations directly address emission levels, pressure drops, and air usage of the dust extraction system, constant modification in manufacturing strategies has resulted as a consequence of frequent amendments in the standards. This has further entailed challenges for manufacturers to maintain competitive pricing, and improving sales, thereby posing significant impacts on growth of the dust extraction system market.

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Mobile Construction Cranes Market Size, Share, Emerging Trends, Analysis and Forecasts to 2028

Manufacturers in the mobile construction cranes market are investing in the research and development activities to develop robot cranes and introduce new technology. Adoption of new technology is enabling mobile construction cranes to be energy efficient, and compact. However, mobile construction cranes market worldwide is facing challenges due to the skilled labor shortage and increased cost of labor.

Report Overview: https://www.factmr.com/report/2299/mobile-construction-cranes-market

The mobile construction cranes market is anticipated to witness a slow growth. The latest report by Fact.MR expects the mobile construction cranes market to surpass US$ 9,000 million revenue by the end of 2018. Growth in the renewable energy projects to meet the ever-increasing demand for power supply is also one of the factors driving demand in the mobile construction cranes market.

The demand for all terrain crane, a type of mobile construction cranes is projected to expand at a significant rate during the forecast period 2018-2028. Ability to operate in all types of weather conditions and terrain, superior off-road mobility, capacity to lift high loads, and ability to move quickly on public roads are some of the benefits driving demand for all terrain cranes in the mobile construction cranes market.

Growth in the number of cement plants and shipbuilding/repair is accelerating the demand for all terrain crane in the mobile construction cranes market. Significant growth in construction and retrofit market in emerging economies are also resulting in the rising demand for all terrain cranes and other mobile construction cranes. Meanwhile, Europe is witnessing increasing up-gradation and repair of both existing infrastructure and power grids. Hence, the demand for all terrain crane in the mobile construction cranes market is likely to increase in the region.

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The demand for mobile construction cranes is anticipated to grow at a significant phase throughout the forecast period, 2018-2028. Rise in infrastructure development with the need for high lifting capacity application for construction involving great height is driving the growth for mobile construction cranes in the construction industry.

Asia-Pacific accounts for the largest share in the construction industry, with growth opportunities for mobile construction cranes manufacturers in India, China, and Japan. Hence, momentum in the infrastructure sector in the region is likely to result in the sluggish performance of the mobile construction cranes market. Moreover, a rise in the road, railway, and metro projects are providing good demand for mobile construction cranes.

Heavy investment in new construction projects is expected in Southeast Asia, notably in Malaysia, Philippines, and Indonesia. Expansion in the construction industry in the region is expected to fuel the demand in the mobile construction cranes market.

According to a new report by Fact.MR, the construction sector is likely to witness the substantial growth during 2018-2028 in the mobile construction cranes market. Moreover, the construction sector is expected to account for the highest revenue share bringing in more than US$ 5,000 million by the end of 2018 in the mobile construction cranes market.

Meanwhile, the government in the Middle East is investing heavily in the development of transportation, ports and building infrastructure. As a result, the enormous demand for heavy lifting equipment such as mobile construction cranes and special transport services is expected in the region.

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Railcar Spill Containment Market Growth, Trends and Demands Research Report and Forecast 2027

The railcar spill containment market will witness promising growth – global sales estimated in excess of 4,100 units in 2018, according to a new study by Fact.MR. The report envisages that the railcar track pans will remain sought-after in the railcar spill containment market, accounting for approximately 60% volume share in 2018. Additionally, difference volume growth between railcar track pans and track berms is expected to be marginal in 2018.

Report Overview: https://www.factmr.com/report/2306/railcar-spill-containment-market

Track pans have traditionally reigned supreme in the railcar spill containment market, in light of relatively more radical benefits associated with the use of track pans. Robust design for effective handling of hazardous chemicals’ spillage, coupled with greater capacity and impact resistance, are key attributes of track pans that underpin its supremacy in the railcar spill containment market.

Track berms are also expected to gain significant momentum in the railcar spill containment market, although volume sales are estimated at half than those of track pans in 2018. Durable and lightweight materials employed for production of track berms, which facilitate transportation of materials between railroad sites, is a key attribute linked with track berms that add to their rising palpability. Another benefit of track berms over track pans is that these variants are portable, which enhances their usability in the railcar spill containment.

The railcar spill containment market is concentrated at the top, with top 6 players holding approximately one-third share, whereas the market represents a splintered nature at the bottom owing to occupancy of numerous SMEs worldwide. While acquisition of small players with innovative technologies remains top expansion strategy among leading players, collaboration with global leaders for strengthening manufacturing & distribution prevails as a key strategy among emerging market participants.

“Railcar spill containments systems have gained paramount importance as an integral part of high-quality railcar business activity. As focus on environment conservation continues to intensify worldwide, railcar operators and other market stakeholders are emphasizing adherence to regulations as a mandate,” says a lead analyst at Fact.MR.

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Although pipelines have emerged as preferred solution for crude oil transportation, they have their own share of challenges. This has resulted in demand for railcars as an effective alternative for transport of crude oil, particularly for markets with constrained access to oil wells via pipeline systems. While railcars have emerged as a feasible alternative to crude oil shipments, several industry experts perceive railcars as temporary fix to lack in pipeline capacity.

Sensing challenges entailed by such a temporary solution, stakeholders in the industry are concentrating their focus to ensure reduced environment footprint of railcars, along with retention of profitability and efficiency. Railcar spill containment systems form an imperative asset of crude oil-by-rail transport for mitigating associated challenges of environmental pollution.

Polyethylene and galvanized steel remain material of choice for production of railcar spill containment systems – collective global sales estimated at over 1700 units in 2018. However, demand for fiberglass composites is expected to increase at a faster rate.

The International Energy Agency has foreseen 2X growth in crude oil shipments by rail by 2020, driven in part by lack of pipeline capacity that compels oil producers to seek viable alternatives. This will create immense growth opportunity for the railcar spill containment market in the near future. Industry consolidation and capital discipline continue to play a pivotal role in sustained crude oil-by-rail transport, however ambiguities prevail as risks of regulations might cause delays in upgrades of the railcar design & development.

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Electrical Steel Market Growth, Trends and Demands Research Report and Forecast 2026

Global demand for electrical steel is estimated to reach 15,900 kilo tonnes in 2018, according to Fact.MR valuation. The landscape of niche steel presents immense opportunities as their demand outsells that of steel consumption.

Report Overview: https://www.factmr.com/report/2397/electrical-steel-market

Fact.MR study finds a consistently rising consumption of electrical steel wherein an increase of almost 900 kilo tonnes between 2017 and 2018 and a y-o-y growth of 6.7% is estimated.

The study opines that owing to the growing focus of electrical steelmakers to improve product quality, demand for non-grain oriented electrical steel (NGOES) will witness a steady rise. Nearly 11,860 kilo tonnes of non-grain oriented electrical steel consumption is estimated while occupying over almost three-fourth of the global electrical steel demand in 2018.

Among fully and semi-processed NGOES variants, Fact.MR projects that semi-processed will account for a bulk of the total NGOES consumption in 2017 and the status-quo will continue in 2018.

In particular, the optimistic forecast of NGOES can be attributed to the increasing application of non-grain oriented electrical steel in the automotive industry, particularly electric and hybrid vehicles. Owing to the superior properties, commercial NGOES is used in multiple applications including small to mid-sized motors and transformers across end-user industries.

Fact.MR estimates that grain-oriented electrical steel (GOES) will hold the remaining market share and account for one-fourth of the global consumption in 2018. Application of GOES remains consolidated in larger distribution and power transformers utilized in the utilities sector.

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The study shows that electrical steel consumption remains concentrated in electric motors and account for over 71% of the electrical steel used in 2017. Motors with power unit of 1000hp or more are estimated to lead the electrical steel utilization in electric motors. Lamination electrical steel, in particular, NGOES variants are highly sought after in high power motors.

Application of electrical steel in transformers will account for over one-fifth of the electrical steel consumption in 2018 of which almost 40% is used in transmission or power transformers. Buoyancy in the utilities sector and indispensable role of transmission transformers in power generation will maintain application of electrical steel in these transformers in 2018.

The Fact.MR study estimates that APEJ continues to register significant consumption for electrical steel and will account for nearly 44% of the total demand in 2018. APEJ’s optimistic outlook for automotive and utilities sectors can be attributed for the leading consumption of electrical steel in the region.

Fact.MR also states that electrical steel marketplace is witnessing consolidation of domestic markets led by ongoing trade disputes. Initiated in the U.S., electrical steel market consolidation continues in Europe. Well aware of the scenario, investments by steelmakers are focused on improving electrical steel quality as well as the portfolio to meet emerging regional demands. Amid ongoing consolidation, steelmakers in the electrical steel marketplace are aiming at aligning their developments with evolving trends in global and domestic landscapes to ensure market sustenance.

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Food Waste Recycling Machine Market Competitive Strategies, Regional Analysis Forecast 2028

Fact.MR’s recent study on food waste recycling machine market foresees a promising growth, driven by proactive initiatives for fostering environmental sustainability. An amalgamation of pivotal aspects, ranging from launch of legislation around food waste to rising proclivity for recycling activities, is anticipated to underpin growth potential of the market. Global sales of food waste recycling machines are likely to reach 10,890 units in 2018, up from 10,356 units in 2017.

Report Overview: https://www.factmr.com/report/2266/food-waste-recycling-machine-market

The Fact.MR research study opines that the demand for food waste recycling machine has taken off in recent years, as a result of challenges associated with traditional composting methods. Rapid gravitation toward minimizing disposal costs and curbing noxious emissions have been identified as key drivers.

Shift from landfills to waste-to-energy plants is evolving as a prominent waste management trend, which is offering numerous opportunities for the food waste recycling machine manufacturers.

Sales of food waste recycling machine have remained concentrated in the restaurants industry, driven by efforts to scale up their bottom lines. This buoyancy of restaurants in the food waste recycling machine market continued in 2018 as well, with volume sales likely to exceed 2,500 units. Sales are also complemented by growing adoption in hotels and supermarkets, according to the study.

North America maintains its lead as the largest food waste recycling market, with volume sales set to surpass 3,000 units in 2018. Attempts to foster recycling activities have taken off at the federal level in the U.S. and Canada, in the wake of a huge ratio of food wastage per capita. APEJ and Europe are likely to be the second and third most attractive market, owing to sweeping concerns for efficient food waste management, estimates the research study.

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The food waste recycling machine market has a wide-spread presence of small and unorganized players, with consolidation of regional presence being their key strategic lever. The top 5 players hold around 20% of the revenue share and are focused on commercialization of small capacity machines, especially 0-50 kg/day’ and ’50-100 kg/day’. These players are focusing on new product development and facility expansion in a bid to retain their buoyancy in the market space, finds the report.

The manufacturers of food waste recycling machine are focusing on fostering their foothold with value-based offerings, unveils Fact.MR study. For instance, Whirlpool introduced ‘Zera Food Recycler’, which converts the food scraps into organic fertilizers in a time span of 24 hours. This offering has been introduced with the pervading trend of converting food waste into reusable commodities.

The demand for food waste recycling machine in emerging regions is growing at a healthy rate; however, bulk of the sales remain concentrated in China and India. The cost-sensitivity of end-users in emerging regions of Africa and Latin America, combined with lax regulations on food recycling, have meant that sales have remain limited in these markets.

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Harbor Deepening Market Precise Analysis on Business Overview, Product Scope And Ongoing Market Development 2028

With seaborne trade gaining importance in terms of economic development of a nation, government organizations are largely investing in harbor deepening activities worldwide. A deeper harbor can accommodate heavy and large container ships allowing expansion of trading activities in the respective region. This has gained higher significance against the backdrop of a beleaguered scenario of international trade due to the China – United States trade war. Although the possibility of improving this condition is true, it is also likely that this scenario can have a throwback on the harbor deepening market, given the likelihood of reduction in shipping activities.

Report Overview: https://www.factmr.com/report/1257/harbor-deepening-market

Requirement for harbor deepening in urban development is rapidly increasing however is overpowered by trade maintenance activities, according to a recent Fact.MR study. The study envisages that the harbor deepening market is projected to grow at a steady CAGR of 3.0% in terms of value during the period of forecast, 2018-2028.

Shipping industry has permeated the international trading space. The International Chamber of Shipping revels that more than 50,000 merchant ships, accounting for around 90 percent of worldwide trading via international waters have been in operation. This has led to increasing number of large vessel anchoring, consequently increasing the need for harbor deepening.

Expanding oil and oil gas sector has remained influential in increasing the harbor deepening activities, especially after the removal of trade restrictions on crude oil exports across major countries. This has translated into an increase in oil exports to an average of 1.1 million barrels per day from the United States alone in 2017. Implementation of technologies also have accelerated the global oil trade, thus raising the need for harbor deepening projects across nations.

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Higher cost associated with harbor deepening has had a deepening impact on the overall market. However, this is likely to be offset by favorable government encouragement in terms of budget allocations. The steadily rising harbor deepening activities will coattail rising government funding as a consequence. The Charleston Harbor Deepening project and Savanah Harbor Deepening project are few of the major activities heavily funded by the government, with a large funding of US$ 509 million for the former and additional US$ 100 million for the later. Rising support from government organizations have shored up the harbor deepening projects that are likely to expand at a 2.1% by 2028.

Harbor deepening activities have also penetrated the cruising space, wherein various projects are being undertaken for facilitating navigation of large cruise vessels. The CLIA (Cruise Lines International Association) has estimated that the cursing industry has seen its pink with increasing number of passengers opting for cruising. The association expects that the passenger count is likely to cross 27 million only for cruising. This math has shaken few of the major ports worldwide, which are increasingly investing in harbor deepening, such as PortMiami.

United States have remained dominant in the North America region, wherein increasing harbor deepening projects are being undertaken funded by the U.S government. The harbor deepening of ports in the country has largely been influenced with the increasing oil exports. Likewise, in terms of freight logistics, Germany holds an upper hand in the European Union. The harbor deepening scenario in the United Kingdom is also a significant one with increasing harbor redevelopment projects such as the Peter Harbor Redevelopment initiative.

Harbor deepening in Japan has taken a rapid upswing on back of increasing foreign trade. The country’s container shipping and seaborne vehicle shipping are other aspects adding fuel to the activity of harbor deepening. Recently, Japan and Singapore have announced a joint feasibility study to promote LNG bunkering for car carriers functioning between these two countries. That said, the country is likely to present lucrative growth opportunities for harbor deepening in the forthcoming years.

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Pallet Trucks Market Competitive Landscape Analysis with Forecast by 2028

Effective maneuverability and value added in material handling operations are primary attributes of pallet trucks, which have led their widespread employment across logistics and industrial workplaces. Pallet trucks and relevant advancements are considered as prime solution in the digital age, with optimum turnaround times of delivering orders becoming a differentiating parameter. Ergonomic handling and robust design of pallet trucks are further complementing their adoption in every warehouse, manufacturing plant, and retail store.

Report Overview: https://www.factmr.com/report/614/pallet-truck-market

Prospects of the pallet trucks market continue to be positive, according to a recent Fact.MR study that estimates global sales of pallet trucks to bring in approximately US$ 1,400 Mn by 2028-end. Constantly increasing need for shipping new products & orders, coupled with increased operator convenience offered by pallet in safe & smooth pulling heavy loads will augur well for future expansion of the market.

The study has envisaged North America to lead the pallet trucks market, driven by increasing warehousing space that has influenced real estate, supply chains, and technology advancements in material handling since the recent past. Most companies in North America are focusing on the implementation of warehouse management system, in a bid to be more efficient and effective in ecommerce and beyond. This will spur demand for critical material handling machinery such as pallet trucks in the region.

In Europe, projects are underway regarding the development of autonomous pallet jacks and forklift trucks, for operating abreast human workers in manufacturing facilities. Popular as automatic guided vehicles (AGVs), autonomous pallet trucks being developed will facilitate packing, palletizing, and transporting goods with minimal operator intervention. Such development efforts will impact future growth of the pallet trucks market in Europe.

Ever-growing development of the electric and hydraulic technology is currently leading the pallet truck advancements beyond transportation of heavy goods toward prevention of musculoskeletal injuries in the material handling industry. According to the study, electric technology will remain at the forefront of the pallet trucks market, trailed by the hydraulic technology.

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Modern day pallet trucks, through combination of electric and hydraulic technology, are being motorized for enabling effective lifting & transportation of heavy stacked pallets. Additionally, novel safety features in these powered pallet trucks, such as dead man’s switch, enable taking necessary actions such as halting the machine during emergency situations.

The study foresees warehouse application of pallet trucks to lead the market in the foreseeable future. Warehouses have demonstrated development in myriad ways, ranging from form to function, over the past couple of years. Changing procurement, production, and distribution methods have led significant transformations in warehousing industry. It is highly likely that the near future of the industry will remain positive, meanwhile gaining popularity as the prominent end-customer distribution platform, irrespective of the just-in-time methods being utilized.

Imperativeness of advanced and high-tech material handling equipment is being elucidated by growing need for optimal warehousing, and pallet trucks are considered to be a popular equipment, second to forklifts, according to the study. The upward trend of online shopping, while bolstering ecommerce growth, has led to proliferation of warehouses as a result. Rising number of warehouse spaces for shipments of the products is a prominent factor fuelling adoption of pallet trucks, and the trend is set to persist in the upcoming years.

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Industrial Protective Clothing Fabrics Market Current Trends and Future Aspect Analysis 2017-2026

Current trends in smart fabrics and protective textiles are expected to auger well for the global market for industrial protective clothing fabrics. Innovations in the textile clothing for industrial protection for workers are the key factors significantly pushing the growth of the global industrial protective clothing fabrics market. In addition, with increasing number of manufacturing units coupled with noteworthy employment rates, it becomes imperative for companies to develop efficient protective clothing fabrics for workers. This is expected to drive the demand for industrial protective clothing fabrics during the period of assessment.

Report Overview: https://www.factmr.com/report/665/industrial-protective-clothing-fabrics-market

Fact.MR’s analysis on industrial protective clothing fabrics reveals that the global market for this product is anticipated to expand at a high rate. The global market for industrial protective clothing fabrics is expected to grow at a volume CAGR of 7.8% throughout the period of assessment, 2017-2026. During this timeline, the sale of industrial protective clothing fabrics market is estimated to surpass US$ 4 Bn by end of the year of assessment (2026). The key participants profiled in this extensive research report include PBI Performance Products, Inc., Koninklijke Ten Cate NV (TenCate), Gunei Chemical Industry Co., Ltd., and Mount Vernon Mills, Inc., to name a few.

The demand for industrial protective clothing in Asia Pacific excluding Japan (APEJ) region is expected to increase in the coming years. The APEJ region is expected to present potential growth opportunities for manufacturers involved in the production of industrial protective clothing fabrics during the assessment period. The main factor driving this growth is the growing employment statistics in emerging economies in APEJ, such as India and China. Both these countries have a large population pool, which has driven the employment scenario in these countries. In addition, both these emerging economies are considered as manufacturing hubs in the world owing to favorable business environment such as easy availability of cheap labor, growing presence of end use industries, cheap land availability and favorable government regulations regarding FDI policies. For example, in India, government has allowed a 100 percent FDI in various sectors including construction and aviation, which is expected to attract high foreign investments in the country, consequently boosting economic growth. This coupled with increasing awareness regarding worker safety is expected to boost the demand for industrial protective clothing fabrics in Asia Pacific excluding Japan region during the period of assessment.

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With respect to material type, the demand for polyolefin and blends is comparatively higher than other types. Polyolefin and blends offer a high resistance against heat and chemicals. Moreover, the demand for polyolefin and blends for manufacturing of industrial protective clothing fabrics is higher owing to enhanced resistance against toxic chemicals and gases. Also, they are not affected by solvents and swell by chlorinated and aromatic hydrocarbons at higher temperatures, which adds to their demand. Further, industrial protective clothing fabrics are expected to witness high adoption from the oil and gas industries. The sale of industrial protective clothing fabrics is higher in this industry as the rate of worker mishaps and injuries have been on a larger scale. This has triggered the use of industrial protective clothing fabrics in this sector.

With respect to thickness type, the demand for fabrics that are up to 0.056 inches thick is higher. However, industrial protective clothing fabrics with this thickness type, albeit gaining high steam, reflect low market share in the global industrial protective clothing fabrics market. On the other hand, with respect to weight, the 12 to 17 oz. per sq. yard segment is estimated to be the largest with a high market valuation. This segment is expected to lead the global industrial protective clothing fabrics market during the period of forecast.

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Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.

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Wood and Laminate Flooring Market by Application, Trends and Growth Rate to 2026

Floorings made of wood and laminates have a key role in enhancing the physical appearance of constructed spaces such as homes, apartments, restaurants, and offices. The demand for wood and laminate floorings continues to gain traction for being offered at low price point and at negligible maintenance costs. Fact.MR’s new forecast study offers comprehensive analysis on the expansion of the global wood and laminate flooring market for the assessment period, 2017-2026. According to the study, the global wood and laminate flooring market is expected to touch a valuation of US$ 8.8 Bn by the end of 2026. Over the forecast period, the global market for wood and laminate floorings is expected to expand at a CAGR of 4.8% in terms of volume.

Report Overview: https://www.factmr.com/report/482/wood-laminate-flooring-market

In terms of sales, wood floorings are expected to outsell laminate floorings throughout the forecast period. By the end of 2026, more than 1,130 million sq. meters of wood floorings are expected to be sold globally.

Commercial end-use of wood and laminate floorings is expected to register fastest volume growth during the forecast period. By the end of the forecast period, more than 880 million sq. meters of wood and laminate floorings will be used across commercial spaces. The end-use of wood and laminate floorings in residential settings is expected to account for more than one-third share of global market volumes throughout the forecast period.

Through 2026, wood and laminate floorings are likely to be used predominantly for repair and rehabilitation activities. In 2017, more than 900 million sq. meters of wood and laminate floorings sold in the global market were used for repair and rehabilitation of physical spaces. Majority of wood and laminate floorings will be manufactured in the Asia-Pacific excluding Japan (APEJ) region. The report estimates that the APEJ region will represent highest contribution to the global wood and laminate flooring manufacturing over the forecast period.

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The report further reveals that Europe will be the largest market for wood and laminate floorings throughout the forecast period. By the end of 2026, nearly 790 million sq. meters of wood and laminate floorings are expected to be sold across European countries. Consumer preferences towards finished floorings at affordable prices is expected to drive the growth of Europe’s wood and laminate flooring market during the forecast period.

The report has profiled leading manufacturers of wood and laminate floorings, which include Tarkett, Mohawk Group, Mannington Mills, Inc., Berkshire Hathaway Inc., Abet Inc., Forbo Holding AG, Goodfellow Inc., Kronospan Limited, Armstrong Flooring, Bauwerk-Boen, and Kahrs Holding AB. These companies are expected to remain active in the expansion of the global wood and laminate flooring market through 2026. In the foreseeable future, majority of wood and laminate flooring manufacturers will focus upon increasing the durability of these floorings by using hybrid laminate materials and composite woods.

Report Customization can be done at: https://www.factmr.com/connectus/sample?flag=RC&rep_id=482

About Us

Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.

Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.

Contact Us

Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Blog: https://theheraldmedia.com