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Biotech Flavor Market: Addressing Challenges in Flavor Production

The global biotech flavor market size is expected to reach USD 2.45 billion by 2030, expanding at a CAGR of 8.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing awareness regarding nutritional benefits such as stimulation of appetite and content of citric acid to boost immune and rising health consciousness are expected to drive the market in the next few years.

Growing penetration of natural flavoring due to advancement in various types of beverages has been driving the demand for the global market. Beverages infused with biotech flavors help in boosting energy level, metabolism, and other bodily functions. Flavors such as lemon and cucumber help in stimulating liver functions and strengthening veins. Growing trend of convergence between biotech and nutraceuticals driven by increasing application of ingredients claims to have various health benefits. For instance, Robertet introduced Xtreme Flavors with high impact, true fruit, authentic, and natural flavoring that can be infused in various beverage preparations. Some of the flavors include plum and plum sugar, pear, watermelon, and apple.

Access the Biotech Flavor Market Size, Share & Trends Analysis Report By Type (Vanilla, Fruity Flavor, Others), By Form (Liquid, Powder, Paste), By Application, By Region, And Segment Forecasts, 2024 – 2030

The powder form held the largest market share and generated a revenue of USD 17.1 billion in 2018. This segment consists of energy drinks powder, yogurt powder, butter powder, and others with features that are applicable in maintaining health. The liquid form is expected to expand at a CAGR of 7.4% over the forecast period. Growing awareness and popularity of liquid form due to its wide usage in beverages such as fruits and vegetables juices, energy drinks, and sodas with the respective taste preference is the key factor driving the segment demand.

Vanilla flavor accounted for the largest market share with a revenue of USD 17.8 in 2018. This flavoring is mostly used in food products due to its benefits such as powerful antioxidant, antibacterial, anti-inflammatory, and cholesterol stabilizers. Fruity flavor is expected to register a CAGR of 7.3% in the forecast period due to increased application in the form of jams and growing research and development expenditure in the respective market. Consumers are demanding healthier options for food spreads and fillings, which, in turn, has driven the demand for fruity flavors. Major market players have been significantly carrying out research and development to make these products available according to the needs of consumers. For instance, IFF Inc. derives natural ingredients from flowers, fruits, and botanical products with the help of specialized drying technology by eliminating water with best taste, nutrition, and color matrix intact in juice drinks, carbonated beverages, candy chewing gum, yogurt, ice cream, and cheese.

North America was the largest regional market with a revenue of USD 14.2 billion in 2018. The region is expected to maintain its lead over the forecast period. Increasing preference for healthy ready to eat and drink products in U.S. is expected to drive the companies to develop more of biotech flavor infused consumables. Growing consumption of packaged food is another driver for the market growth in the region. Key players in the global market include Givaudan; Firmenich SA; IFF Inc.; Symrise AG; Wild Flavors; Takasago International Corporation; Mane Flavors; Frutarom; Sensient Technology Ltd.; and Roberetet.

Biotech Flavor Market Report Highlights

· By type, fruity flavor is expected to register a CAGR of 9.0% from 2024 to 2030

· The powder segment accounted for the largest market revenue share in 2023.

· North America dominated the biotech flavor market with a revenue share of 39.6% in 2023.

· Asia Pacific Biotech Flavors market is anticipated to witness significant growth in the biotech flavor market.

· The biotech flavor market is highly competitive in nature due to presence of the main players including Givaudan

· Various manufacturers are concentrating on new product launches and capacity expansion to estimate existing and future demand patterns from upcoming product segments.

Order your free sample copy of “Biotech Flavor Market Report 2024 – 2030, published by Grand View Research

Key Biotech Flavor Company Insights

Some of the key companies in the biotech flavor market include Givaudan SA, Firmenich SA, Symrise AG, International Flavors & Fragrances Inc. (IFF), Takasago International Corporation, Sensient Technologies Corporation, Kerry Group plc, Bell Flavors & Fragrances Inc., and Flavorchem Corporation. Vendors in the market are focusing on increasing customer base to gain a competitive edge in the industry. Therefore, key players are taking several strategic initiatives, such as mergers and acquisitions, and partnerships with other major companies.

Firmenich SA offers high-quality fragrances, flavor components, and oral care items. The company’s offerings in the biotech flavor space include a sequence of innovative ingredients designed to provide customers with essential nutrients, catering to the growing interest in natural, sustainable, and clean-label products.

Givaudan SA’s biotech flavor offerings are built upon its molecular biology, fermentation technology, and expertise in extracting natural ingredients. The company specializes in developing flavors through microbial fermentation and enzymatic transformation, allowing the production of authentic and sustainable flavor profiles. These biotech flavor are designed to meet stringent regulatory standards and consumer preferences for clean-label products that are natural, transparent, and free from synthetic additives.

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

Buttock Augmentation Market Key Insights: Navigating Emerging Trends

The global buttock augmentation market size is anticipated to reach USD 11.72 billion by 2030, according to the new report of Grand View Research, Inc. The market is expected to expand at a CAGR of 21.5% from 2024 to 2030. Buttock augmentation also called gluteal augmentation is a technique used to contour, size, and enhance the appearance. A buttock lift is reported to improve the tone of the underlying tissue and is mainly done by using implants, fat grafting, or sometimes a combination of the two.

Factors like rising technological advancement in aesthetics, rising disposable income, increasing aesthetic consciousness and the high success rate of augmentation procedures are propelling the market growth. According to the International Society of Aesthetic Plastic Surgery, around 5, 34,345 butt augmentation and lift procedures were carried out globally in 2019. Buttock augmentation accounts for 4.7% of total surgical procedures globally.

Access the Buttock Augmentation Market Size, Share & Trends Analysis Report By Procedure (Buttock Implants, Buttock Injections), By End-use (Hospitals, Aesthetic Clinics), By Region, And Segment Forecasts, 2024 – 2030

Growing social media influence, high consciousness towards aesthetic appearance, and its association with self-confidence and self-image by an individual are some of the reasons for market growth. In the light of COVID-19, the market was hampered as patient appointments for surgical treatments were temporarily suspended. However, since the government in many countries has allowed resuming elective surgical procedures, clinics have also started buttock lift and grafting procedures again. Moreover, according to the BBC network, inquiries and appointments for many surgical and non-surgical cosmetic treatments have seen a surge following the pandemic and are thus expected to propel market growth.

Buttock Augmentation Market Report Highlights

By procedure, the buttock implant procedure segment held the largest revenue share in 2023 as techniques like fat grafting and butt lift are more in demand and has faster post-operative healing

Based on implant type, the fat grafting segment accounted for the largest revenue share in 2023 as this procedure is less complicated, takes less operative time, and has more success rate

In North America, the market accounted for the largest revenue share in 2023 as the region has a high awareness of such procedure and there is high availability of aesthetic professionals

In Asia Pacific, the market is expected to grow significantly in the forecast period owing to technological advancements and an increase in patients opting for procedures to improve aesthetic appearances

Order your free sample copy of “Buttock Augmentation Market Report 2024 – 2030, published by Grand View Research

Key Buttock Augmentation Company Insights

Some of the companies key companies in global buttock augmentation market are Abbvie (AllerganAesthetics), GC Aesthetics, Sebbin, and other. To develop a competitive edge over others, the key companies have embraced strategies such as innovation.

Allergan Aesthetics, a subsidiary of the global pharmaceutical organization AbbiVie, develops, manufactures, and distributes offerings related to body contouring, facial injectables, skin care, and plastics. The company also invests heavily in research and development activities to deliver innovation-backed products. It is headquartered in Irvine, California, and has several manufacturing sites across multiple locations around the world.

GC Aesthetics, one of the prominent players in aesthetic enhancements and pre & post-surgery solutions, primarily delivers offerings related to breast enhancements, face implants, body implants, and Remote Valve Tissue Expanders (RVTEs).

Key Buttock Augmentation Companies:

The following are the leading companies in the buttock augmentation market. These companies collectively hold the largest market share and dictate industry trends.

Abbvie. (AllerganAesthetics)
Dermax Co. Ltd.
GC Aesthetics
Implantech
Sientra Inc.
Sebbin
Merz Pharma
Alpha Aesthetics
Hanson Medical Inc.
GALDERMA 2024
CGBio

About Grand View Research:

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Industrial Evaporators Market Key Insights: Navigating Emerging Trends

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

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
- - U.S.
- - Canada
- - Mexico
- Europe
- - UK
- - Germany
- - France
- - Italy
- - Spain
- - Denmark
- - Sweden
- - Norway
- Asia Pacific
- - Japan
- - China
- - India
- - Australia
- - South Korea
- - Thailand
- Latin America
- - Brazil
- - Argentina
- Middle East and Africa
- - South Africa
- - Saudi Arabia
- - UAE
- - Kuwait

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:

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.

Order your free sample copy of “Electric Motor Sales Market Report 2024 – 2030, published by Grand View Research

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:

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.

Order your free sample copy of “Thermal Paper Market Report 2024 – 2030, published by Grand View Research

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:

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:

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

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Bearings Market Advancements Empowering the Future of Aerospace, Automotive, and Renewable Energy

The global bearing market size is expected to reach USD 226.60 billion by 2030, registering a CAGR of 9.5% during the forecast period, according to a new report by Grand View Research, Inc. Bearings are essential in almost every application that involves motion, and they help minimize friction between different mechanical components in several industrial machinery and equipment, resulting in reduced energy consumption. Hence, this machine element finds application in all industries, ranging from automobiles, household appliances, and aerospace to industrial machinery, using machinery or related motor-driven linkages.

The market is estimated to witness considerable growth in the forthcoming years, ascribed to the aim to achieve energy efficiency. Energy-saving and bearings go hand-in-hand. The main objective of this element is saving energy by reducing friction, be it during the rotation of shafts of a transmission or the wheel of a vehicle. Additionally, the rising demand for commercial vehicles is expected to catapult the demand from the automotive sector across the world.

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Technological advancements including smart bearings, the development of advanced materials and lubricants, and integrating sensor units, are anticipated to provide high growth potential to the market. With the objective of enhancing performance, vendors are incorporating sensor units of the product. Sensor units help with digital monitoring of rotation speed, axial movement, load-carrying capacity acceleration, and deceleration. These units are presently being used in conveyors forklifts, road rollers, and electric motors. Furthermore, the integration of IoT capabilities facilitates manufacturers to monitor operations constantly.

The market is mature with a dynamic demand closely related to the state of engineering industries and capital goods. Companies are offering integrated products that significantly decrease the number of bearings that go into an assembled product and reduce the overall cost of equipment. This in turn is also increasing the shelf-life and reliability of the product. Product manufacturers are increasingly investing in R&D to address the intensifying competition by providing innovative products.

Order Your Sample Copy of the Bearings Market Size, Share & Trends Analysis Report By Product, By Application (Automotive, Agriculture, Electrical, Mining & Construction, Railway & Aerospace, Automotive Aftermarket), By Region, And Segment Forecasts 2024 – 2030

Bearing Market Report Highlights

The development of cost-effective wind energy-generating products has resulted in their increased espousal within wind turbine applications that aid in increasing energy production, reduce lubricant consumption, and enhancing turbine performance and reliability.

In 2023, the roller bearings segment accounted for the largest revenue share of more than 45%. Roller bearings are ideal for applications requiring higher load-carrying capacity than speed. They are used in heavy-load settings across various industries, including equipment and machinery, aerospace, manufacturing, and power generation. The aggressive investments in infrastructure developments, which drive the demand for heavy-duty equipment and machinery, bode well for the growing demand for roller bearings.

Railway and Aerospace application is estimated to witness the fastest CAGR during the forecast period to their growing demand in applications such as shock absorbers, gearboxes, doors, and tilting mechanisms. Further, different types of bearings are commonly used in locomotives, traction motors, wagon wheels, freight carriers, and suspension. The development of the commercial aerospace industry, in line with the growing demand for aircraft, space vehicles, space shuttles, and satellites, is expected to drive the growth of the bearing market over the forecast period.

In 2023, the Asia Pacific market accounted for a revenue share of more than 40.0%, owing to the rapid expansion of the industrial and construction sector. Further, growing motor vehicle production coupled with the region’s strong aftermarket demand for industrial equipment and motorcycle repairs augurs well for the growth in the region.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Surging Demand for Industrial Refrigeration Systems Drives Market Growth Across Industries

The global industrial refrigeration systems market size is anticipated to reach USD 27.66 billion by 2030, registering a CAGR of 4.4% from 2023 to 2030, according to a new report published by Grand View Research, Inc. The demand for industrial refrigeration is increasing due to the fast-moving consumer goods and retail food which needs efficient storage for perishable edible items. Governments are taking initiatives to support and strengthen the cold chain infrastructure and shifting towards eco-friendly refrigeration systems.

Global warming and climate change have alarmed nations to take the necessary step to curb the crisis. As a result, industrial refrigeration system manufacturing companies have expressed concerns regarding the potential of global warming and ozone depletion of their refrigerants. As a result, companies are focusing on technologies to offer improved cost-effectiveness, lesser toxic refrigerants, lower energy consumption, and less toxic materials.

Access the Industrial Refrigeration Systems Market Size, Share & Trends Analysis Report 2024-2030, published by Grand View Research

For instance, DanFoss, a prominent manufacturer of industrial refrigeration systems, introduced Cool selector 2 to help them design and optimize their air conditioning and refrigeration systems. System designers, engineers, and consultants can use the software to make optimum use of energy and HVACR systems. The benefits of using CO2 refrigeration systems are recognized worldwide as CO2 has a GWP (Global Warming Potential) of 1. The new update allows you to calculate components from the standpoint of an application for transcritical high-pressure side systems.

With the advancements in technology, industrial refrigeration systems have shown enhancement in their processes. Innovations have led to the manufacturing of smart and intelligent devices that monitor, set temperature, and notify the person as and when needed. The incorporation of Artificial Intelligence (AI) in the systems became a breakthrough in the market by enhancing productivity and lowering the operational cost for the organizations.

The industry growth in Asia Pacific is anticipated to observe the fastest growth during the forecast period. This expansion is attributed to the rapid growth prospects of cold-chain storage infrastructure in the countries such as Japan, India, and China. For instance, India is the second-largest fruit and vegetable producer, worldwide. The cold storage and handling the refrigeration of this huge vegetable and fruit produce is a challenging job thus fueling the market growth.

Order Your Sample Copy of the Industrial Refrigeration Systems Market Size, Share & Trends Analysis Report By Component (Compressors, Condensers, Evaporators, Controls, Others), By Capacity, By Refrigerant, By Application, By Region, And Segment Forecasts, 2024 – 2030

Industrial Refrigeration Systems Market Report Highlights

The compressor segment is the largest growing component in the refrigeration system as they are used in commercial as well as industrial refrigeration, heat pumps, and air conditioning applications

Food and beverage applications accounted for the largest market share due to the growing disposable income and the rising population. It has augmented the demand for frozen and processed food products

The 500-1000kW capacity segment led the industrial refrigeration systems market as they helped extend the shelf life and reduce product wastage

Asia Pacific is the highest-growing region in the market due to the maximum number of fruits and vegetable producers and also a requirement for cold-chain storage

Recent Developments

In November 2023, DAIKIN Industries Ltd. introduced a fully electric and plug-in hybrid transport refrigeration product range aimed at reducing emissions from internal combustion engines.

In June 2023, Johnson Controls acquired M&M Carnot, a provider of natural refrigeration solutions with ultra-low global warming potential (GWP). This acquisition is projected to support Johnson Controls’ move to help customers meet sustainability goals. The acquisition also strengthened the portfolio of Johnson Controls, which meets environmental regulations.

In March 2023, Emerson launched the new Vilter-branded trans-critical CO2 compressor. According to the company, this compressor is designed for handling high-pressure industrial CO2 refrigeration.

In February 2023, Danfoss announced the construction of a compressor and sensor manufacturing facility in Apodaca, Mexico. This expansion strategy was aimed at meeting the demand for cooling technology from the U.S.

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