The global industrial evaporators market size is expected to reach USD 28.03 billion by 2030, registering a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc.
The industrial evaporators industry will be shaped in part by technologies such as machine learning and artificial intelligence (AI). Further automation of vacuum evaporation facilities will be possible through intelligent, AI-based control systems, which will enable real-time monitoring, predictive maintenance, and adaptive operation in response to changing wastewater composition with increased efficiency and less need for human involvement.
The report “Industrial Evaporators Market Size, Share & Trends Analysis Report By Type (Plate Evaporators, Shell & Tube), By Functionality (Falling Film, Rising Film), By End Use (Pharmaceutical, Chemical), By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
The primary goal of installing an evaporator is to minimize water consumption, reduce wastewater discharge, and decrease environmental impact. However, selecting an evaporator technology for your process line or new plant can be very difficult because there are many options to choose from. Evaporators are extensively used for the purification of organic chemicals such as natural oils, fatty acids, herbicides, and insecticides. The products in the industrial evaporators market are used to remove liquid from a solution or suspension by heating the liquid to promote evaporation. They are widely used in chemical, pharmaceutical, food and beverage production, and wastewater treatment plants.
As a result of stringent laws and the corporation’s sustainable development philosophy, environmental pollution decreased. The market for industrial evaporators is expected to rise as a result of the growing population, as well as the development of the industrial and infrastructure sectors and an increase in waste generation.
Industrial Evaporators Market Report Highlights:
The plate evaporator type segment led the market and accounted for 62.1% of the global market revenue share in 2023. Plate type evaporators are known for their high heat transfer efficiency, which is achieved through the use of thin, corrugated plates that facilitate effective heat exchange between the heating medium and the product
The mechanical vapor recompression (MVR) segment led the market, accounting for 26.8% of the global market revenue share in 2023. MVR systems are used to minimize energy consumption and reduce carbon footprint in industries such as in food and beverage processing, pharmaceuticals, and wastewater treatment
The industrial evaporators market in Asia Pacific is experiencing substantial growth due to rapid industrialization, increasing population, and rising demand for processed foods and pharmaceuticals
Order your free sample copy of “Industrial Evaporators Market Report 2024 – 2030, published by Grand View Research
Industrial Evaporators Market Segmentation
Grand View Research has segmented the global industrial evaporators market based on type, functionality, end use, and region:
Industrial Evaporators Type Outlook (Revenue, USD Million, 2018 – 2030)
Plate Evaporators
Shell & Tube Evaporators
Industrial Evaporators Functionality Outlook (Revenue, USD Million, 2018 – 2030)
Falling Film
Rising Film
Forced Circulation
Agitated Thin Film
Mechanical Vapor Recompression
Others
Industrial Evaporators End Use Outlook (Revenue, USD Million, 2018 – 2030)
Pharmaceutical
Chemical
Food & Beverage
Pulp & Paper
Wastewater Treatment
Others
Industrial Evaporators Regional Outlook (Revenue, USD Million, 2018 – 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
Argentina
MEA
South Africa
Saudi Arabia
UAE
List of Key Players in the Industrial Evaporators Market
GEA Group
SPX Flow
Alfa Laval
Thermal Kinetics
Swenson Technology
Belmar Technologies Ltd.
Veolia
DE DIETRICH PROCESS SYSTEMS
Coilmaster Corporation
ENCON Evaporators
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Category: Uncategorised
Metaverse in Education Market Challenges: Overcoming Barriers to Adoption
The global metaverse in education market size is expected to reach USD 41.62 billion by 2030 and is anticipated to grow at a CAGR of 38.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market drivers include the growing popularity of experiential learning, the easy availability and adoption of Internet services, and the rising demand for interactive learning. The metaverse serves as a medium for various customers such as students to engage in engaging virtual presentations and real time learning experiences, to make them explore historical events, and to conduct scientific experiments in realistic environments. Moreover, these platforms can create virtual space, serving opportunities to connect with people located anywhere in the world and enhance their interactions, and problem-solving abilities among children. This further leads to a collaborative learning environment and can be especially beneficial for geographically dispersed students.
Educational organizations are facing several problems in the act of providing superior educational settings and tech-driven education to students. Metaverse provides real time based technology to experience excellent learning experiences with the help of virtual presentations, thereby raising interactions among students and offering knowledge most interestingly. Various institutions are investing heavily in incorporating metaverse into their in-person and online courses to reduce cognitive burden.
The report “Metaverse in Education Market Size, Share & Trends Analysis Report By Component, By Application (Skill Development, Educational Apps), By End Use (Academic, Corporate), By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
Metaverse in Education Market Report Highlights:
- The hardware segment led the market and accounted for over 47.0% share of the global revenue in 2023. Hardware manufacturers are constantly innovating to create VR headsets, AR glasses, and other devices that offer a more immersive and user-friendly experience
- Based on application, the educational apps segment is predicted to grow at a significant CAGr from 2024 to 2030. The easy accessibility of educational apps on devices such as tablets or smartphones makes them a more affordable entry point for schools and individual learners thereby increasing their demand
- Based on end use, the academic segment accounted for the largest revenue share in 2023 owing to the more engaging and interactive learning environment offered by the metaverse, motivates students to participate actively
- North America dominated with a revenue share of over 35.0% in 2023. North America has a well-established EdTech industry with a history of innovation and investment in new learning technologies.
Order your free sample copy of “Metaverse In Education Market Report 2024 – 2030, published by Grand View Research
Metaverse in Education Market Segmentation:
Grand View Research has segmented the global metaverse in education market based on the component, application, end use, and region:
- Metaverse in Education Component Outlook (Revenue, USD Billion, 2017-2030)
- Hardware
- AR Devices
- VR Devices
- MR Devices
- Interactive Displays and Projectors
- Software
- Extended Reality Software
- Gaming Engines
- Metaverse Platforms
- 3D Mapping, Modelling, and Reconstruction
- Professional Services
- Application Development and System Integration
- Strategy & Business Consulting
- Metaverse in Education Application Outlook (Revenue, USD Billion, 2017-2030)
- Learning
- Skill Development
- Educational Apps
- Self-Regulation Skills
- Cultural Understanding
- Others
- Metaverse in Education End Use Outlook (Revenue, USD Billion, 2017-2030)
- Academic
- K-12
- Higher Education
- Corporate
- Metaverse in Education Regional Outlook (Revenue, USD Billion, 2017-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- MEA
- UAE
- South Africa
- KSA
List of Key Players in the Metaverse in Education:
- Adobe Inc.
- Baidu Inc.
- Epic Games
- HP Inc.
- Lenovo
- Meta
- Microsoft Corporation
- Roblox Corporation
- Samsung Electronics
- Unity Software Inc.
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Polynucleotides Injectable Market Drivers: Surge in Cosmetic Enhancements
The global polynucleotides injectable market size is expected to reach USD 293.4 million by 2030, and is projected to grow at a CAGR of 14.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The technological advancements in the biotechnology sector primarily drive the market growth. The increasing demand for personalized medicine, skin rejuvenation, and investments in R&D are also major factors for market growth.
The global population’s growing interest in minimally invasive cosmetic treatments has led to a surge in demand for alternatives to surgical interventions. Polynucleotide injectables offer a non-invasive way to regenerate the skin and address age-related issues, favoring their popularity in the medical aesthetics industry. With the global population steadily aging, there is a heightened demand for products and treatments that can combat the visible signs of aging. Polynucleotide injectables provide a natural and effective solution for reducing fine lines, wrinkles, and sagging skin while promoting long-term skin health.
The report “Polynucleotides Injectable Market Size, Share & Trends Analysis Report By Application (Eyes, Lips), By End-use (MedSpas, Aesthetic & Cosmetic Centers), By Region, and Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
Continuous innovations in regional regenerative medicine are unlocking new therapeutic applications for polynucleotide injectables. These advertisements not only expand their use in cosmetic procedures but also open up new possibilities for treating a variety of conditions, such as joint damage, tendonitis, and ligament injuries. Consumers are becoming more informed about the safety and efficacy of treatments. Polynucleotides are naturally derived and are considered safe with a low risk of allergic reactions or complications, making them an attractive option for patients seeking safe nonsynthetic solutions.
The potential for expansion into new therapeutic areas presents substantial opportunities. Beyond cosmetic treatments, the use of polynucleotide injectables in orthopedic conditions, chronic wounds, and tissue regeneration offers an untapped market with significant growth potential. As clinical studies continue to demonstrate the efficacy of polynucleotides in a broader range of applications, the market is poised for accelerated growth.
Polynucleotides Injectable Market Report Highlights:
- Based on application, the eye segment held the largest revenue share of 63.9% in 2023. This large share is driven by the growing demand for non-invasive solutions to address various eye-related concerns. Polynucleotide injectables improve the appearance of fine lines, wrinkles, and skin laxity around the delicate eye area, which is often a key concern for aging individuals.
- In terms of end use, the MedSpas segment held the largest revenue share of 50.1% in the polynucleotide injectable market, driven by consumers’ growing demand for non-invasive aesthetic treatments. Polynucleotides’ unique properties, which enable them to stimulate collagen production, enhance skin texture, and diminish the appearance of fine lines and wrinkles, have made these injectable treatments a highly sought-after option among MedSpa clients seeking natural and long-lasting aesthetic improvements.
- The Asia Pacific polynucleotide market held the largest global revenue share of 50.5% in 2023 as the region is witnessing several key trends, including the emergence of domestic players offering low-cost products to expand market access and affordability.
Order your free sample copy of “Polynucleotides Injectable Market Report 2024 – 2030, published by Grand View Research
Polynucleotides Injectable Market Segmentation
Grand View Research has segmented the global polynucleotides injectable market based on application, end use, and region:
- Polynucleotides Injectable Application Outlook (Revenue, USD Million, 2018 – 2030)
- Eyes
- Lips
- Forehead
- Jawline & Cheekbones
- Others
- Polynucleotides Injectable End Use Outlook (Revenue, USD Million, 2018 – 2030)
- MedSpas
- Aesthetic & Cosmetic Centers
- Hospitals
- Polynucleotides Injectable Regional Outlook (Revenue, USD Million, 2018 – 2030)
- North America
-
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- U.S.
-
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-
- Canada
-
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- Mexico
-
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- Europe
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- UK
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- Germany
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- France
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- Italy
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- Spain
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- Denmark
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- Sweden
-
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- Norway
-
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- Asia Pacific
-
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- Japan
-
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- China
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- India
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- Australia
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- South Korea
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- Thailand
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- Latin America
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- Brazil
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- Argentina
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- Middle East and Africa
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- South Africa
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- Saudi Arabia
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- UAE
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- Kuwait
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List of Key Players in the Polynucleotides Injectable Market
- PHARMA RESEARCH
- BIOPLUS CO., LTD.
- LG Chem
- AMEELA
- Mastelli
- Pluryal
- Promoitalia Laboratories.
- Fox Pharma
- BR Pharm
- DermaFocus
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
NPK Fertilizers Market Drivers: Technological Advances and Sustainability
The global NPK fertilizers market size is expected to reach USD 94.60 billion by 2030 and is projected to grow at a CAGR of 3.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market plays a crucial role in supporting the agriculture agricultural industry by enhancing crop yields and ensuring food security. The NPK fertilizers are indispensable for plant growth, improving soil health, and sustaining global agricultural production. As the world grapples with increasing food demand and shrinking arable land, the importance of NPK fertilizers continues to rise, driving the market’s steady expansion.
The most significant factor driving the market growth is the ever-increasing global demand for food. The world’s population is expected to reach 9.7 billion by 250, and this population boom is straining the global food supply. As agricultural land becomes more limited, farmers are under pressure to maximize yields from existing fields. NPK fertilizers are an essential component of modern farming techniques that help farmers meet this demand by enhancing soil fertility and promoting higher yields.
The report “NPK Fertilizers Market Size, Share & Trends Analysis Report By Crop Type (Cereals & Grains, Oilseeds & Pulses), By Mode of Application (Fertigation, Foliar), By Form, By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
Advancements in fertilizer technology have been pivotal in driving growth in the market. Modern production methods are making it easier to create more efficient slow-release NPK fertilizers, which provide a steady supply of nutrients to plants over an extended period. Precision agriculture technologies such as satellite-guided nutrient application have also made fertilizer use more targeted and efficient, reducing waste and minimizing environmental impact.
Governments around the world, particularly in emerging economies, are recognizing the importance of fertilizers in achieving food security. Many countries have introduced subsidies, incentives, and supportive policies to encourage the use of NPK fertilizers. In countries such as India and China, where agriculture is a major economic sector, governments have implemented extensive subsidy programs to lower the cost of fertilizers for farmers, driving market demand.
NPK Fertilizers Market Report Highlights:
- Based on form, the liquid form dominated the market and accounted for a revenue share of 61.29% in 2023. Liquid NPK fertilizer is a concentrated solution that provides plants with the essential nutrients Nitrogen (N), Phosphorus (P), and Potassium (K) in a soluble form. This formulation allows plants to quickly absorb, leading to more immediate effects than solid fertilizers.
- In terms of crop type, fruits & vegetables emerged as the fastest-growing crop type, which is anticipated to witness a CAGR of 3.8% over the forecast period. Fruits & vegetables also greatly benefit from NPK fertilizers, which have a composition more suited to their unique nutritional needs. The correct NPK formulas enhance fruit size, improve vegetable quality, and boost overall yield.
- In terms of mode of application, fertigation emerged as the fastest-growing mode, which is anticipated to grow at a CAGR of 3.6% over the forecast period. Fertigation involves injecting NPK fertilizers into the irrigation system and distributing nutrients directly to the plant’s root zone. This method allows for precise control over the timing and rate of fertilizer application, ensuring that plants get exactly what they need for optimal growth.
- Asia Pacific dominated the market and accounted for a 53.05% share in 2023. This growth is attributed to increasing demand and consumption of processed and convenience food in the region.
Order your free sample copy of “NPK Fertilizers Market Report 2024 – 2030, published by Grand View Research
NPK Fertilizers Market Segmentation
Grand View Research has segmented the global NPK fertilizers market based on crop type, mode of application, form, and region:
- NPK Fertilizer Crop Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 – 2030)
-
- Cereals & Grains
-
- Oilseeds & Pulses
-
- Fruits & Vegetables
-
- Other Crop Types
- NPK Fertilizer Mode of Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 – 2030)
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- Fertigation
-
- Foliar
-
- Others
- NPK Fertilizer Form Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 – 2030)
-
- Dry
-
- Liquid
- NPK Fertilizer Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 – 2030)
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- North America
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- U.S.
-
-
-
- Canada
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-
- Mexico
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- Europe
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- Germany
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- UK
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- France
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- Italy
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- Spain
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- Asia Pacific
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- China
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- Japan
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- India
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- South Korea
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- Central & South America
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- Brazil
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- Argentina
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- Middle East and Africa
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- Saudi Arabia
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- South Africa
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List of Key Players in the NPK Fertilizers Market
- Akzo Nobel N.V.
- AGROFERT
- Yara International ASA
- The Mosaic Company
- Isarel Chemicals Ltd.
- Eurochem
- PotashCorp.
- K+S Akitengesellschaft
- Haifa Chemical Ltd
- Aditya Birla Chemicals
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Dental Implants Market: Innovations in Materials and Techniques Transforming Care
The global dental implants market size is expected to reach USD 9.62 billion by 2030, registering a CAGR of 9.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising demand for tooth replacement has provided good growth potential to the market. The increasing number of dental injuries owing to road accidents and sports injuries are some of the major factors boosting the market growth.
With growing aesthetic awareness, people are exploring more treatment options, which is leading to the growth of the market. For instance, as per the American Academy of Cosmetic Dentistry data, more than 95.0% of individuals across the globe believe that their smile is a vital social asset and nearly 84.0% revealed to be under increased pressure to perfect their smile, thus increasing the product demand. Dental implants are considered the only restorative technique that preserves and stimulates natural bone. Owing to the growing number of edentulous people, the demand for prosthetics is increasing, which is expected to be one of the major impact-rendering drivers for the market.
Access the Dental Implants Market Size, Share & Trends Analysis Report By Implant Type (Zirconium, Titanium), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2024 – 2030
Several industries have halted their services due to the COVID-19 pandemic. However, the dental care industry is greatly impacted by the significant decrease in elective procedures, many of which are being postponed or canceled so that hospitals can focus their resources on treating patients with COVID-19. Major Countries like the U.S and India procure raw materials and electronic components from China, which has disrupted the supply chain of many dental equipments and product manufacturers. However, with the decrease in the number of COVID-19 cases, hospitals are likely to begin scheduling elective procedures, depending on their capacity of admission and patients comfort level.
Dental Implants Market Report Highlights
- The titanium segment held the largest share of more than 91.36% of the overall revenue in 2023 due to its wide applications, durability, and cost-effectiveness
- The zirconium segment is anticipated to be the fastest-growing product segment over the forecast period due to better flexural strength, improved aesthetic appearance, and less corrosiveness as compared to titanium
- North America dominated the global dental implants market and accounted for the maximum share of more than 35.64% in 2023 owing to high awareness about restorative treatments and the presence of established market players
Order your free sample copy of “Dental Implants Market Report 2024 – 2030, published by Grand View Research
Key Companies & Market Share Insights
Companies are focusing on strategic initiatives, such as the introduction of novel products through customization according to consumers’ needs, partnerships, collaborations, and mergers & acquisitions, to expand their product portfolio and extend leadership positions in the field of dental implantology. Moreover, the competition between key players will turn intense in the coming years as they are focusing more on geographical expansion, strategic collaborations, and partnerships through mergers & acquisitions. In May 2020, Straumann Group announced a new zygomatic implant solution for patients with severe jawbone loss in collaboration with Southern Implants. The new solution combines proven implant design features with the advantages of Straumann’s BLX and BLT implant prosthetic range.
Key Dental Implants Companies:
- BioHorizons IPH, Inc.
- Nobel Biocare Services AG
- Zimmer Biomet Holdings, Inc.
- OSSTEM IMPLANT
- Institut Straumann AG
- Bicon, LLC
- Leader Italy
- Anthogyr SAS
- DENTIS
- DENTSPLY Sirona
- DENTIUM Co., Ltd.
- T-Plus Implant Tech. Co.
- KYOCERA Medical Corp.
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Electric Motor Sales Market Growth: How Renewable Energy Fuels Demand
The global electric motor sales market size is expected to reach USD 322.08 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2024 to 2030. Rapid technological advancements have been playing an imperative role in the growth of the market. Further, improved insulation and operational efficiency have significantly improved the electro-mechanical machines in terms of safety and functionalities, leading to increased demand across multiple industries. Electric motors are used in multiple applications across industry verticals such as home appliances, industrial machinery, and vehicles. The market is expected to witness high growth from Heating, Ventilation, and Cooling (HVAC) applications as they are an inseparable component of HVAC equipment.
Rising fuel prices across the globe are impelling people to shift to non-conventional fuel alternatives. As a result, electric vehicles are manufactured with a view of reducing operational costs and carbon footprint. The upsurge in the production of electric vehicles is expected to positively impact the demand for electric motors as they are used in various applications ranging from performance components to comfort components of the vehicle.
Access the Electric Motor Sales Market Size, Share & Trends Analysis Report By Application, By Power Output (Integral HP Output, Fractional HP Output), By Motor Type (Hermetic, AC, DC), By Power Rating, By Voltage (Low, Medium, High), By Region, And Segment Forecasts, 2024 – 2030
The industry is characterized by regulatory policies and government initiatives that promote energy efficiency in machines and equipment. High-efficiency and output, low power consumption, increased operational life, and low maintenance costs are essential requirements for the electro-mechanical machines. Notably, technological innovations have introduced improved design, components, and motor specifications resulting in fulfillment of end-user requirements. Innovations and evolving policy frameworks are crucial for industry development and will play a key role in fueling the demand for the products over the forecast period.
Asia Pacific region held the largest revenue share in the electric motor market in 2023 and is projected to witness the fastest CAGR from 2024 to 2030. The growth can be attributed to increasing industrialization investments in countries such as China, India, South Korea, and Australia. Further, the scope for market growth in the region is expected to increase significantly over the coming years, owing to the evolving agriculture sector through efficient irrigation practices and technology transfer.
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Electric Motor Sales Market Report Highlights
- In terms of revenue, the AC motor segment dominated the electric motor market and accounted for the largest revenue share of 70.0% in 2023. This high share is attributable to AC motors’ extensive applications ranging from irrigation pumps to modern-day robotics.
- In terms of revenue, the Fractional Horsepower (FHP) output segment dominated the market and accounted for the largest revenue share of 86.0% in 2023.
- In terms of revenue, the motor vehicles segment dominated the electric motor sales market and accounted for the largest revenue share of 39.3% in 2023. This high share is attributable to the increased adoption of electric motors in the automotive industry.
- Asia Pacific dominated the electric motor market and accounted for the largest revenue share of 50.0% in 2023. This is attributable to advancements in the agriculture sector and enormous investments in industrialization in countries, including China, India, South Korea, and Australia.
Key Electric Motor Sales Companies:
- ABB Ltd.
- Allied Motion Technologies, Inc.
- Ametek Inc.
- Johnson Electric Holdings Limited
- Nidec Motor Corporation
- Franklin Electric Co., Inc.
- Regal Rexnord Corporation
- Schneider Electric
- Siemens
- ORIENTAL MOTOR USA CORP
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Thermal Paper Market Landscape: Key Segments and Regional Insights Analyzed
The global thermal paper market size is expected to reach USD 5.56 billion by 2030, registering a CAGR of 4.3% over the forecast years, as per a new report by Grand View Research Inc. This growth is attributed to the rising usage of POS terminals for monetary transactions in applications such as warehouses, supermarkets, and retail outlets. Thermal papers are majorly used in printing receipts at POS terminals and in the production of tags used by industries such as pharmaceuticals and food and beverages to package and label their end-use products. Thermal papers are preferred over other modes of printing due to the lower cost of production, and maintenance of the printing set-up due to the lack of use of ribbons and ink in the printing process.
Access the Thermal Paper Market Size, Share & Trends Analysis Report By Application (POS, Tags & Label, Lottery & Gaming), By Region (Asia Pacific, North America, Middle East & Africa, Europe), And Segment Forecasts, 2024 – 2030
The increasing use of retail outlets and supermarkets in developing economies such as China, Brazil, and India are expected to augment the growth of the market during the forecast period. The rising demand for specialty paper in packaging by e-commerce and logistics market players is also expected to help in the market growth. However, rising digitalization and increasing substitute products are expected to restrict the market growth. Growing demand for food & beverage, FMCG, and electronics goods in the Middle East and African countries considering population growth and urbanization in major markets of Saudi Arabia, UAE, and Qatar is expected to increase the use of POS terminals, tags, and labels. In addition, favorable support for promoting investments at the domestic level is expected to have a positive impact on the market growth in the region.
The market is anticipated to witness strong competition during the forecast period on account of the growing demand for thermal paper from the end-use industries such as ATMs, e-commerce industries, retail, and others. Public and private companies operating in the market are increasingly investing in the development of new products and new manufacturing technologies to optimize the production process. They are also focusing on expanding their production facilities to maintain their supply chain for thermal paper. Major players in the industry have established production units in different regions to cater to specific geographical locations. They also use other distribution channels in local regions such as agreements with roll-converters to ensure continuous product supply. Manufacturers also engage in direct supply to end-users such as POS and label manufacturers.
Thermal Paper Market Report Highlights
- POS application segment dominated the market with a market share of 64.2% in terms of revenue in 2023 due to expansions in retail outlets in emerging economies in the Asia Pacific region.
- The tags and labels application segment is expected to show significant growth during the forecast period due to the rising e-commerce sector which has led to a rise in the use of thermal papers for labels and packaging.
- The Asia Pacific dominated the market with a market share of about 34.7% in terms of volume due to the increased investment in the region in manufacturing industries leading to a rise in demand for thermal paper.
- Central and South America are expected to show significant growth during the forecast period due to the rising manufacturing and industrial activities in the region leading to a rise in the use of thermal paper in labeling.
- The market is expected to show slow growth due to the increase in digitalization and reduced use of printing across end-uses such as monetary transactions. The presence of internal substitutes is also expected to hamper market growth.
- The market consists of limited players who control most of the global market. Strategies followed by key players include vertical integration, localized production units, and product innovation to gain a competitive edge in the market.
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Key Thermal Paper Companies:
- Oji Holdings Corporation
- Appvion Inc
- Koehler Group
- Mitsubishi Paper Mills Limited
- Hansol Paper Co. Ltd.
- Gold Huasheng Paper Co. Ltd.
- Henan Province JiangHe Paper Co. Ltd.
- Thermal Solutions International Inc.
- Iconex LLC
- Twin Rivers Paper Company
- Rotolificio Bergamasco Srl
- Jujo Thermal Limited
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
HVAC Systems Market Landscape: Key Segments and Regional Insights Explored
The global HVAC systems market size is anticipated to reach USD 382.66 billion by 2030, according to a new study by Grand View Research Inc. The market is expected to expand at a CAGR of 7.4% from 2024 to 2030. The rising adoption of energy-efficient and renewable energy products is anticipated to be a significant driving factor for HVAC demand. Demand for eco-friendly systems, and advanced technology usage in products including software and automation, are a few key factors contributing to the industry’s success. The growing usage of ACs in homes, as well as offices, has favored the HVAC industry over the years. To further boost this demand, rising incomes and standard of living in several emerging economies have also driven business profitability in recent years.
The growing popularity of ductless HVAC(Heating, ventilation, and air conditioning) is also gaining traction and will create avenues for market growth over the mid-term. Installing ACs in buildings without ducts is an impossible task and this is where ductless systems come to save the day. These compact units can be installed almost anywhere devoid of ducts. Apart from new product development energy-efficient and tech-savvy products are also carving a niche for themselves in the market. For instance, products that work on geothermal technologies or renewable energy sources are helping consumers cut energy costs while benefitting OEMs meet sustainability targets.
Access the HVAC Systems Market Size, Share & Trends Analysis Report By Equipment (Heat Pump, Air Purifier), By End-use (Residential, Commercial, Industrial), By Region, And Segment Forecasts, 2024 – 2030
Apart from efficiency, technology is also making this a lucrative market. Building automation systems are popular among contractors and architects. Therefore, the demand for Building Automation Systems (BAS) is gaining traction, as such creating avenues for the market. Further, ACs are no longer operated manually but can be controlled remotely with a smartphone, PC, or tablet. This functionality and smart feature is also emerging as a popular trend in the market creating revenue streams for manufacturers.
HVAC Systems Market Report Highlights
- The heat pump equipment segment led the market and accounted for a share of 37.8% in 2023. The demand for heat pumps is experiencing a notable surge driven by a growing emphasis on energy efficiency, environmental sustainability, and a shift toward renewable heating solutions.
- The demand for air purifiers is witnessing a robust increase as concerns about indoor air quality and respiratory health grow worldwide. Driven by factors, such as rising pollution levels, allergens, and awareness of airborne viruses, consumers and businesses are increasingly investing in air purification technologies.
- Asia Pacific dominated the market and accounted for a revenue share of more than 46.5% in 2023. Rising temperatures and industrial growth in the region will favor demand over the forecast period
- Since the outbreak of coronavirus, key players operating in the market are focused on introducing products that can improve the air quality. In February 2020, Havells India Ltd. launched Grande heavy Duty Air conditioner under its brand Llyod. The AC features Catechine coated dust filter and Green Bio air filter along with anti-bacterial Eva Coils, which enhances the room air quality
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Key HVAC Systems Company Insights
To increase market penetration and cater to changing technological requirements from various end-uses, such as residential, commercial, and industrial, product manufacturers use a variety of strategies, such as joint ventures, mergers, acquisitions, new product launches, and geographical expansions. Manufacturers are undertaking strategic acquisitions to gain an edge in the industry and increase their geographic presence.
For instance, in May 2023, Carrier Corporation introduced i-Vu Pro v8.5 for upgrading controller firmware, improving serviceability for customers, and reducing downtime of connected HVAC equipment. The latest enhancements are expected to help customers with Internet of Things (IoT) connectivity, robust security, and leading serviceability features. Furthermore, in February 2022, Johnson Controls, Inc. launched commercial rooftop units (RTUs) with series, such as Johnson Controls, YORK, and TempMASTER. These products are certified by the DOE 2023 efficiency standards.
Key HVAC systems Companies:
The following are the leading companies in the HVAC systems market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these HVAC systems companies are analyzed to map the supply network.
- Carrier Corporation
- Daikin Industries, Ltd.
- Fujitsu
- Haier Group
- Havells India Ltd.
- Hitachi Ltd.
- Johnson Controls
- LG Electronics
- Lennox International Inc.
- Mitsubishi Electric Corporation
- Rheem Manufacturing Company
- SAMSUNG
- Trane
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Polymer Binders Market Research: Analyzing Trends in the Construction Sector
The global polymer binders market size is expected to reach USD 56.68 billion by 2030, registering a CAGR of 7.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributed to increasing urbanization, the construction and automotive industries, public infrastructure development, and innovation in polymer technology, which are expected to fuel the growth.
The global market is experiencing a trend of using lightweight materials to improve fuel efficiency and reduce emissions in several industries, including automotive and aerospace, which is creating opportunities for polymer binders used in composite materials and lightweight components.
The report “Polymer Binders Market Size, Share & Trends Analysis Report, By Type (Acrylic, Vinyl Acetate, Latex, Polyurethane, Polyester), By Form, By Application, By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
Moreover, introducing advanced manufacturing technologies such as 3D printing and smart manufacturing can drive demand for innovative polymer binders that increase productivity and compatibility with these technologies.
However, polymer binders market restraints can be volatility in raw material prices, such as petroleum-based products and specialty chemicals. Price fluctuations impact production costs and profit margins, making it difficult for companies to maintain stable pricing strategies.
Polymer Binders Market Report Highlights:
· Based on type, vinyl acetate dominated polymer binders market with a share of over 33 % in 2023 due to wide utilization in several construction applications, including coatings, sealants, and adhesive
· Based on form, the powder segment accounted for the largest revenue share of over 58% in 2023. The powder is helpful in dry mix mortars, as it offers improved workability, adhesion, and durability.
· Based on application, paints & coatings dominated the polymer binders market in 2023 with a revenue share of over 37%. The growth is attributed to coating applications, which provide a range of benefits, such as durability, adhesion, and increased resistance to abrasion.
· North America polymer binders market is expected to grow at a significant rate of 7.4% from 2024 to 2030. The market is witnessing demand for high-performance and environmentally friendly binders across several industries including construction.
Order your free sample copy of “Polymer Binders Market Report 2024 – 2030, published by Grand View Research
Polymer Binders Market Segmentation
Grand View Research has segmented the global polymer binders market based on type, form, application, and region:
Polymer Binders Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 – 2030)
· Acrylic
· Vinyl Acetate
· Latex
· Polyurethane
· Polyester
· Others
Polymer Binders Form Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 – 2030)
· Powder
· Liquid
· High Solids
Polymer Binders Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 – 2030)
· Paints & Coatings
· Adhesives
· Textiles
· Construction
· Others
Polymer Binders Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2018 – 2030)
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o UK
o Italy
o Spain
o France
o The Netherlands
o Denmark
· Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
· Central & South America
o Brazil
o Argentina
· Middle East & Africa
o UAE
o Saudi Arabia
o South Africa
List of Key Players in the Polymer Binders Market
· BASF SE
· Wacker Chemie AG
· OMNOVA Solutions Inc.
· Celanese Corporation
· Arkema
· Dairen Chemical Corporation
· Toagosei Co. Ltd.
· Guangdong Yinyang Environment-Friendly New Materials Co., Ltd.
· Weifang Tainuo Chemical Co., Ltd.
· Mayfair Biotech Pvt. Ltd.
· VINAVIL S.p.A.
· The Lubrizol Corporation
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Disconnect Switches Market Landscape: Key Segments and Regional Insights
The global disconnect switches market size is expected to reach USD 22.66 billion by 2030, and registering a CAGR of 6.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by rising industrialization, increased investment in electricity transmission and distribution, and stringent safety regulations
The market is witnessing product innovations in disconnect switches, such as introducing advanced disconnect switch technologies, enhances operational efficiency and safety, making them more appealing to various sectors, including industrial, commercial, and utility applications. Therefore, increasing power consumption, technological advancements, and regulatory support are expected to sustain the market’s growth trajectory in the coming years.
The report “Disconnect Switches Market Size, Share & Trends Analysis Report, Type (Fused, and Non-Fused), Application (Utility, Industrial, Commercial, Residential), By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
However, the industry is facing the primary challenge of the high cost associated with procuring and installing disconnect switches, particularly in industrial and utility-grade applications requiring high-quality components. The cost consideration may pose a barrier to widespread adoption, especially in cases where budget restraints are significant.
Disconnect Switches Market Report Highlights:
- Based on type, the fused segment dominated the market with the largest revenue share of over 67% in 2023. The segment growth is driven by their essential role in enhancing electrical safety and operational reliability across various industrial applications.
- Based on application, the industrial segment dominated the market with a largest revenue share of over 43% in 2023. The market is witnessing growth due to the increasing demand for reliable power management and safety in various industrial applications.
- North America disconnect switches market led with the largest revenue share of over 38% in 2023. The market is driven by a strong emphasis on safety regulations, which mandate the use of disconnect switches for circuit isolation during maintenance and repair.
Order your free sample copy of “Disconnect Switches Market Report 2024 – 2030, published by Grand View Research
Disconnect Switches Market Segmentation
Grand View Research has segmented the global disconnect switches market based on type, application, and region:
Disconnect Switches Type Outlook (Revenue, USD Million, 2018 – 2030)
- Non-Fused
- Fused
Disconnect Switches Application Outlook (Revenue, USD Million, 2018 – 2030)
- Utility
- Commercial
- Industrial
- Residential
Disconnect Switches Regional Outlook (Revenue, USD Million, 2018 – 2030)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- Spain
- France
- Russia
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
List of Key Players in the Disconnect Switches Market
- General Electric
- Schneider Electric SE
- Havells India Ltd
- Siemens AG
- Altech Corporation
- Eaton Corporation
- SDCEM
- ABB
- Sälzer Electric GmbH
- Honeywell
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
Market Industry Forecast News 