#Composite Insulators Market Share 2021

[joeypetter]

Composite Insulators Market 2022 | Global Business, Share, Trend and SWOT Analysis 2030 | By R&I

Reports & Insights has freshly issued a new report titled “Composite Insulators Market: Opportunity Analysis and Future Assessment 2022-2030” which speaks about the market size, market potential and comprehensive understanding of the statistics concerned with the development of the respective market. The market analysts estimate that the Composite Insulators Market size will elevate from XXX in 2022 to XXX by the year 2030, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2022 to 2030.

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Composite Insulators Introduction

Insulators basically serve its utility in electrical equipment with a view to sustain and differentiate electrical conductors without enabling current to percolate through the insulators. Silicone rubber is one of the most comprehensively utilized polymeric insulation materials for high tension products. Particularly, the composite insulators are a unique kind of insulation control that further holds a crucial role in overhead transmission lines.

Composite insulators are also known as non-porcelain insulators, synthetic insulators, rubber insulators, polymer insulators, among others. Notably, composite insulators are light in weight, minor in size, reliable to transport, light in structure, easy to maintain and easy to install. Such factors aid composite insulators to gain traction all across the markets. In addition to that, the composite insulator has excellent fouling resistance and robust fouling flash voltage resistance. Notably, the wet withstand voltage and fouling resistance voltage of composite insulators are 2 to 2.5 times that of porcelain insulators with the equal creepage distance.

Also, there is no need for cleansing and secure operation in severely polluted areas. Owing to such factors, the composite insulators are witnessing higher demand all around the world. Moreover, the soaring investments from governments and regulatory authorities to revamp the maturing grid networks across established nations together with the swift adoption of smart grid technology, worldwide, is further projected to boost the growth of the global composite insulators market in the coming years.

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Composite Insulators Market Segmentation

The composite insulators market is segmented on the basis of voltage, application, product, rating, installation, end use, and region.

By Voltage

High Voltage

Medium Voltage

Low Voltage

By Application

Cables & Transmission Lines

Switchgears

Transformers

Bus Bars

Others

By Product

Pin Insulators

Suspension Insulators

Shackle Insulators

Other Insulators

By End Use

Residential

Commercial & Industrial

Utilities

By Rating

<11 KV

11 KV

22 KV

33 KV

5 KV

145 KV

220 KV

400 KV

800 KV

1200 KV

By Installation

Distribution

Transmission

Substation

Railways

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Composite Insulators Market Key Players

Some of the key participating players in composite insulators market are:

Siemens Energy

ABB

GE

Toshiba

Aditya Birla

NGK Insulators

Hubbell

Bharat Heavy Electricals Limited

LAPP Insulators

Maclean-Fogg

Seves Group

TE Connectivity

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[spookysaladchaos]

Global Top 5 Companies Accounted for 77% of total Insulated Metal Panels market (QYResearch, 2021）

Insulated Metal Panels (IMPs) are lightweight composite exterior wall and roof panels with metal skins and an insulating foam core. These panels have superior insulating properties and their outstanding spanning capabilities and one-pass installation makes them quick to install, saving costs compared to other wall assemblies. IMPs are available in a wide variety of colors, widths, profiles and finishes, enabling virtually any aesthetic desired for walls and roofs.

According to the new market research report “Global Insulated Metal Panels  Market Report 2023-2029”, published by QYResearch, the global Insulated Metal Panels  market size is projected to reach USD 1.65 billion by 2029, at a CAGR of 5.5% during the forecast period.

Figure.   Global Insulated Metal Panels  Market Size (US$ Million), 2018-2029

Figure.   Global Insulated Metal Panels  Top 5 Players Ranking and Market Share（Based on data of 2021, Continually updated）

Based on or includes research from QYResearch: 2021 data information of Global Insulated Metal Panels  Market Report 2023-2029.

The global key manufacturers of Insulated Metal Panels  include Kingspan Panel, Metl-Span, Centria, MBCI, Metal Sales, Nucor Building Systems, ATAS, Norbec, Green Span Profiles, Brucha, etc. In 2021, the global top five players had a share approximately 77.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

For more information, please contact the following e-mail address:

Email: global@qyresearch.com

Website: https://www.qyresearch.com

[sangamswami]

Strategic Analysis: Market Size and Share of Aircraft Insulation in 2024

The Aircraft Insulation Market is experiencing significant growth, with market statistics indicating a value of USD 5.5 billion in 2021 and a projected increase to USD 8.2 billion by 2026, reflecting a noteworthy CAGR of 8.3% during the forecast period. Several factors are driving this growth, including the demand for lightweight materials, advancements in acoustic and fire-resistant materials enhancing aircraft safety, declining costs of composite materials, and the increasing demand for military helicopters.

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The demand for lightweight insulation materials is rising, driven by the use of composite materials in aerostructures. Advanced composite materials such as Polymer Matrix Composites (PMCs) and Metal Matrix Composites (MMCs) offer high strength, flexibility, and corrosion resistance, contributing to their increased adoption in aircraft insulation.

The demand for composite materials in general aviation and business jets is growing, driven by increasing disposable income and corporate aviation activities. Composite materials like Carbon Fiber Reinforced Polymer (CFRP) are being adopted to reduce cabin noise and enhance passenger comfort, presenting opportunities for insulation material suppliers.

Foamed plastics, used for thermal and acoustic insulation in cabin interiors, are projected to witness a higher CAGR during the forecast period. Plastic foams such as polyimide and polyurethane are widely utilized in aircraft cabin linings and wall panels, contributing to market growth.

The airframe segment, encompassing aircraft wings, fuselage, and flight control surfaces, is expected to witness the highest CAGR. Lightweight composite materials are increasingly used in airframe construction, driving the demand for insulation materials.

North America is anticipated to contribute the largest share to the aircraft insulation market, with the US and Canada being key contributors. The region boasts a significant number of OEMs and MRO companies, substantial aircraft deliveries, and high defense spending, fostering market growth.

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Major companies dominating the aircraft insulation market include DuPont, BASF SE, Safran Group, Rogers Corporation, Morgan Advanced Materials, Triumph Group, Inc., Transdigm Group, Inc., and Zotefoams. These players are driving innovation and market expansion through technological advancements and strategic initiatives.Top of Form

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[adityarana1687-blog]

Recycled Plastics Market Is Expected To Grow Swiftly By 2030

The global recycled plastics market size was valued at USD 47.60 billion in 2022 and is expected to exhibit grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. Increasing environmental concerns, rapid urbanization & industrialization, and the rising need to reduce the carbon footprint in the manufacturing of virgin plastic resin are expected to drive the demand for recycled plastics over the forecast period. The demand for recycled plastics is expected to increase mainly in the packaging application, which includes packaging of processed food & beverages, medical, electronics, and various other products, owing to the growing number of COVID-19 positive cases.

The demand for medical & healthcare products has increased owing to the safety and hygiene required to tackle the pandemic situation. Amid the global COVID-19 pandemic, the demand for electrical & electronic products, such as laptops and mobiles, has increased as companies are following the work-from-home model and educational institutions have shifted from classroom learning to online classes. Thus, the growth in the demand for electrical & electronic products is expected to drive the market over the forecast period. The regional market of Asia Pacific is anticipated to register the fastest growth rate during the forecast period.

This growth can be attributed to various factors, such as the presence of supportive government initiatives like Make in India, Atmanirbhar Bharat (self-dependent India), rising number of manufacturers operating in the electrical & electronics, automotive, and textile industries, and increasing R&D investments by private as well as public organizations for the development of new applications for recycled plastics. In addition, various electronic products and automotive components manufacturing companies have started looking toward India for establishing their manufacturing facilities post-COVID-19 pandemic. This will also provide tremendous growth opportunities to the regional market in the years to come.

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Recycled Plastics Market Report Highlights

The building & construction application segment is expected to witness the fastest CAGR over the forecast period, in terms of revenue

The segment growth is attributed to the rising demand for recycled plastics in composite lumber, roofing tiles, insulation, rocks, and fences

The electrical & electronics application segment accounted for the maximum revenue share in 2021

This is attributed to the high demand for lightweight, durable electronics and electrically well-insulated products for reduced heat loss and improved performance of the electronic components and products

Asia Pacific accounted for the largest revenue share in 2021. The market in China recycled is estimated to witness significant growth to reach a net worth of USD 17.3 billion by 2030

Recycled Plastics Market Segmentation

Grand View Research has segmented the recycled plastics market based on product, application, and region:

Recycled Plastics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

Polyethylene

Polyethylene Terephthalate

Polypropylene

Polyvinyl Chloride

Polystyrene

Others

Recycled Plastics Source Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

Plastic Bottles

Plastic Films

Polymer Foam

Others

Recycled Plastics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

Building & Construction

Packaging

Electrical & Electronics

Textiles

Automotive

Others

Recycled Plastics Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Asia Pacific

China

India

Japan

South East Asia

Malaysia

Indonesia

Thailand

Central & South America

Brazil

Middle East & Africa

Saudi Arabia

List of Key Players of Recycled Plastics Market

REMONDIS SE & Co. KG

Biffa

Stericycle

Republic Services, Inc.

WM Intellectual Property Holdings, L.L.C.

Veolia

Shell International B.V.

Waste Connections

CLEAN HARBORS, INC.

Covetsro AG

[pearlsmith25]

Calcined Alumina Powder Market Innovations: Shaping Future Industries

Market Overview Calcined alumina powder is made by heating aluminum hydroxide at high temperatures in the range of 1200 to 1500°C. This process removes chemically bound water and produces crystalline aluminas. Calcined alumina powder has high purity, hardness, wear resistance and electrical insulation properties due to which it is widely used in various industries such as ceramics, abrasives, refractories, ceramics and others. Ceramic industry uses calcined alumina powder as a reinforcing filler and opacifier, as it offers better electrical and thermal insulation properties compared to other alternatives.

The Calcined Alumina Powder market is estimated to be valued at US$ 21405.49 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics Growing demand for ceramics from the building and construction industry for applications like roofing tiles, flooring and technical ceramics is a major factor driving the growth of the calcined alumina powder market. According to Civil & Environmental Engineering magazine, global construction industry generated output of $7.8 trillion in 2020 and is expected to grow at 3.6% annually during 2021–2025. Further, increasing usage of technical ceramics made from calcined alumina powder in 5G enabled electronics, electric vehicles and renewable energy sectors is also contributing to the market growth. However, easy availability of substitutes like silica, zirconia and titanium dioxide along with high cost of calcined alumina powder may hinder the market growth over the forecast period. SWOT Analysis Strength: Calcined alumina powder has various industrial applications such as ceramics, metal oxides, abrasives, and refractory due to its chemical and physical properties. It possesses excellent insulation, corrosion resistance and high temperature properties. The powder has low density and high thermal conductivity which makes it suitable for applications requiring these properties. Weakness: The production of calcined alumina involves high energy consumption resulting in high operational costs. Factors such as volatile raw material prices and energy costs pose challenges. Complex production process requires sophisticated manufacturing facilities. Opportunity: Rising demand from the ceramics industry for applications in telecommunication, electronics and energy storage is stimulating market growth. Increasing consumption in metal matrix composites will open new avenues. Growth of the refractory industry in line with expanding steel and cement sectors presents remunerative opportunities. Threats: Growing environmental regulations regarding carbon emissions may impact power-intensive manufacturing operations. Strong competition from substitutes such as synthetic allophones poses threat. Fluctuations in foreign currencies especially U.S. dollar may impact export-import business. Key Takeaways   The global calcined alumina powder market is expected to witness high growth, exhibiting CAGR of 5.8% over the forecast period, due to increasing consumption in refractory and abrasive applications. North America dominates the market currently due to presence of large ceramic and metal industries in the region. Asia Pacific exhibits the fastest growth led by India, China and other developing nations experiencing rising industrialization. Regional analysis: Asia Pacific holds the major share currently accounting for over 35% of the overall market. This can be attributed to large manufacturing bases of ceramics, abrasives and refractory in China, India and other ASEAN countries. Furthermore, growing infrastructure development is augmenting consumption. North America stands as the second largest region driven by established automotive, construction and electronics sectors in the US and Canada. Key players analysis: Key players operating in the calcined alumina powder market are Almatis, Graystar LLC, Paradise Minerals, Lianyungang Zhong Ao aluminium Co., Ltd, Hindalco Industries Limited, Fujimi Corporation, Honeywell International Inc, Saint-Gobain Ceramic Materials, READE, Logitech, Fuji Kasei. The market demonstrates a moderate level of consolidation with top five players accounting for over 30% share. Major players are focused on capacity expansions and new product launches to strengthen their market position.

[delvenservices]

Core Material Market Global Industry Share & Size Analysis

Core Material Market, By Type (Foam, Honeycomb, and Balsa), End-use Industry (Wind Energy, Aerospace & Defense, Marine, Automotive & Transportation, Construction, and Industrial) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

Global Core Material market is anticipated to reach USD 1.5 billion in 2021 growing at a CAGR of 13.8% during the forecasting period, 2021-2028.

Core material are made from paper, polymeric foam, or woods like materials which are highly inflammable. These materials are fully covered with insulated materials and are thus not directly exposed to fire. Aluminium core used for covering will make the core material initially unaffected to fire but will eventually melt down.

Due to surge in demand form wind energy industry and use of composites in aerospace industry are some of the factors that have supported long-term expansion for Core Material industry.

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Key Findings

Global Core Material market is segmented into Type, End-use Industry and geography.

Type segment is segmented into Foam, Honeycomb, and Balsa

End-use Industry segment is segmented into Wind Energy, Aerospace & Defense, Marine, Automotive & Transportation, Construction, and Industrial

Geographically, global Core Material market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

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Competitive Landscape

Key players in global Core Material market are 3A Composites (Switzerland), Diab Group (Sweden), Gurit (Switzerland), Hexcel Corporation (US), Armacell International S.A. (Luxembourg), Euro-Composites S.A. (Luxembourg), Changzhou Tiansheng New Materials Co. Ltd. (China), and The Gill Corporation (US) among others.

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Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Core Material market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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The Core Material Market report answers a number of crucial questions, including:

Which companies dominate the Core Material Market?

What current trends will influence the market over the next few years?

 What are the market's opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

[shambooget]

Refractories In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031

Refractory Material Market Statistics — 2030

The global refractory material market was valued at $19.2 billion in 2020, and is projected to reach $30.3 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.

Refractory materials are substances that are resistant to decomposition by chemical attack, heat, and pressure. They can withstand high temperatures that make them suitable for thermal insulation and heat stabilization applications in various end-use industries such as iron & steel, cement manufacturing, glass production, petrochemicals, and others. They are polycrystalline, inorganic, non-metallic, and heterogeneous that makes them capable for manufacturing internal structures of furnaces, kilns, incinerators, reactors, and other high temperature equipment.

Rapid infrastructure development and increasing demand from the automotive sector has lead to rise in iron & steel production in both developed and developing economies such as the U.S., China, and India where refractory material are widely used for thermal insulation purposes. In addition, the growing modern theme-based building & construction sector has surged the demand for glass used in manufacturing windowpanes, doors, and other building parts. Refractory material being widely used in kilns and furnaces for thermal insulation purposes in glass manufacturing units may experience a surge in demand. These are the major refractory material market growth factors.

The global refractory material market analysis is done on the basis of form, chemical composition, chemistry, end-use, and region. Depending on form, the market is divided into shaped, and unshaped. On the basis of chemical composition, it is fragmented into alumina, silica, magnesia, fireclay, and others. Depending on chemistry, it is classified into acidic, basic, and neutral. The end-use covered in the study includes metals & metallurgy, cement, glass & ceramics, power generation, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Refractory material market, by region

The Asia-Pacific refractory material market size is projected to grow at the highest CAGR of 5.0% during the forecast period and accounted for 78.2% of refractory material market share in 2020. This is attributed to the proliferating demand for iron & steel from various end-use sectors such as industrial, construction infrastructure, automotive and others have led the iron & steel manufacturers to increase their production capacities where refractory material are widely used for temperature stability purposes. For instance, according to a report published by India Brands Equity Foundation, India’s finished steel consumption is anticipated to increase to 230 metric ton (MT) by 2030–31 from 93.43 metric ton (MT) in 2020–21. In addition to this, China’s cement manufacturing sector is increasing rapidly which has forced the refractory material manufacturers to produce high quality refractory material for high temperature applications in kilns, furnaces, incinerators, and others. For instance, according to a report published by World Cement Association, China’s cement clinker production output was 1.579 billion ton in 2020 and is growing with a year-on-year growth of 3.07%.

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[sanjay-chem]

Construction Polymer Market Size, Share, Demand, Growth and Trends by 2026

The global construction polymer market is expected to grow at a robust pace by registering a CAGR of 6.8% over the projection period from 2022 to 2026. The global market is predicted to garner a valuation of around US$ 229,076 Mn in 2022 and reach a net worth of US$ 298,384 Mn by the end of 2026. The range of applications for construction polymers is widely spreading as a result of developments in civil engineering and construction technologies. Some latest trends observed in the market comprise a fair share of the revenue in research and development. Such trends are likely to bolster the construction of polymer demand.

According to FMI analysis, the variation between the BPS values observed in the construction polymers market in H1, 2022 - Outlook over H1, 2022 Projected reflects a decline of 10 units. However, compared to H1, 2021, the market is expected to again witness a decline of 30 BPS in H1 -2022. As per future Market Insight's historical estimations, the global market registered a 5.3% CAGR between 2012 and 2021. The emergence of new materials within the constriction polymers market is leading to the development of substantial potential.

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Key Takeaways

Structural polymers and plastic composites have     been introduced as crucial materials in terms of their use in the     construction industry. The design, technical and structural advantages of     these constriction polymers have driven their application in building     walls and flooring with maximum strength. Technological advancements     within civil engineering and construction technologies are anticipated to     propel the application purview of construction polymers.

Cost-effective production, feasible profit     margins, and comparatively easy procurement of raw materials are inclining     large chemical companies towards construction polymer businesses. The     overall competitive landscape in the global construction polymer market     remains densely populated by industry leaders from the chemicals and     materials sector.

A major population of construction polymer     manufacturers in the global market is based in countries such as China,     India, and South Korea. As per the recent study projects through 2028, the     Asia-Pacific excluding Japan (APEJ) region will represent the largest     market for construction polymers. By the end of the forecast period, the     APEJ construction polymer market will account for nearly half of the     forecast global market value.

Prominent industry leaders from the chemicals     & materials sectors are actively participating in the expansion of the     global construction polymer market. These prominent companies are     committed to testing new and advanced products along with creating     advanced polymerized materials for the changing dynamics of the building     & construction sector.

Prominent reasons for the change in growth rate     accounted for the slow uptake of the market throughout the first half of     the forecast period, owed to the strict environmental mandate implemented     by the government in order to effectively curb the emission and shifting     preferences in the favor of green materials and sustainable products.     Further rise in the pricing of raw materials and lockdown in China have     impacted the growth outlook.

Despite such challenges, some prospects lead     the industry, which incorporates the increasing investment by the     government in private sectors and utility infrastructure sectors, which is     expected to provide a growth outlook to the market. A significant rise in     building construction followed by urbanization is expected to influence     market growth.

The utilization of a wide range assortment of     materials takes place in flooring, windows, cladding, pipes, membranes,     seals, and insulation. Drastic advances are being made in the types of     polymers including epoxy resins, polystyrene, polycarbonate, polyethylene,     and polypropylene.

In addition, construction companies are known     as the key users benefiting from the advances in properties such as     flexibility, adhesion to substrates, durability, and water resistance.     Overall, the demand for construction polymer is anticipated to rise at a     CAGR of around 6.8% through 2026.

Competitive Landscape

The global construction polymer market is on a rise owing to the manufacturers who are investing in the research & development of new valves as per changing industry standards across multiple industry verticals.

Some key players are:

H.B Fuller Company

Momentive Performance Materials Inc.

Evonik Industries AG

Solvay SA

Arkema S.A.

E.I Dupont De Nemours and Company

SCG Chemicals Co., Ltd.

Croda International Plc

Henkel AG & Co. KGaA

Sika AG

3M Company

Polyone Corporation

BASF SE

Formosa Plastics Corp

Key Segments Covered in Construction Polymer Industry Survey

By Polymer Type:

Epoxy Resins Construction Polymer

Polystyrene Construction Polymer

Polycarbonate Construction Polymer

Polyethylene Construction Polymer

Polyisobutylene Construction Polymer

Polymethylmethacrylate Construction Polymer

Polypropylene Construction Polymer

Polyurethane Construction Polymer

Polyvinylchloride Construction Polymer

Other Construction Polymers

By Application:

Walls

Floorings

Piping

Windows

Roofs

Insulation and Sliding

Glazing

Cladding

Plastic Wraps

Other Applications

By End-User:

Commercial Real Estate Construction

Housing Real Estate Construction

Industrial Construction

Facility Infrastructure

Transportation Infrastructure

Utility Infrastructure

Other Infrastructure        

By Construction Activity:

New Construction

Renovation

By Region:

North America

Latin America

Europe

East Asia

South Asia & Pacific

Middle East & Africa (MEA)

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[wahid007posts]

Phenolic Resin Market – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

The report "Phenolic Resin Market is estimated at USD 11.7 Billion in 2021 and is projected to reach USD 14.4 Billion by 2026, at a CAGR of 4.3% between 2021 and 2026. Phenolic resins are the oldest synthetic polymers obtained from the reaction of phenol and formaldehyde. They are a class of thermosetting resins. Phenolic resins are mainly categorized into resol resins, novolac resins, and others (bio-phenolic, cresol novolac, and formaldehyde-free phenolic resins). They possess high mechanical strength, low toxicity, and excellent heat resistance. Their applications can broadly be categorized into wood adhesives, foundry & moldings, laminates, paper impregnation, coatings, insulation, and others.

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Browse 520 market data Tables and 56 Figures spread through 329 Pages and in-depth TOC on "Phenolic Resin Market”

Resol is the largest type of phenolic resin.

Resol is a popular type of phenolic resin due to its cost-effectiveness, improved properties, and versatility in various applications, such as exterior plywood-oriented strand board (OSB), engineered laminated composite lumber (LCL), engineered woods, and adhesives. The increasing demand from the automotive and building & construction industries drives the growth of the global demand for resol resin.

Wood adhesives is the major application for phenolic resin.

The use of phenolic resin in wood adhesives is a rapidly growing application, driven by the expansion of the construction industry. The plywood subsegment holds a significant share in the wood adhesives market. The Asia Pacific region is the largest market for wood adhesives and the demand for phenolic resins is expected to rise significantly due to the presence of growing economies like India, South Korea, and Indonesia.

https://www.prnewswire.com/news-releases/phenolic-resin-market-worth-14-4-billion-by-2026--exclusive-report-by-marketsandmarkets-301438866.html

APAC is the fastest-growing market for phenolic resin.

APAC is projected to be the fastest-growing phenolic resin market. The growth of the APAC phenolic resin market can be attributed to the growing investment in building & construction, and automotive industry in the region. Additionally, Phenolic resin manufacturers are targeting this region, as it is the strongest regional market. China is the leading producer and consumer of phenolic resins in the region. Other major markets in the region are emerging economies such as Japan, India, and Thailand.

Most active players in the phenolic resin market:

Bakelite Synthetics (U.S), Sumitomo Bakelite Company Limited (Japan), SI Group Inc. (U.S), Jinan Shengquan Group Share Holding Co., Ltd., (China), Ashland Global Holdings, Inc. (U.S), BASF SE (Germany), Georgia-Pacific Chemicals (U.S), DIC Corp (Japan), Hexcel Corporation (U.S), Akrochem Corporation (U.S).are the leading players operating in the phenolic resin market.

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[energypowernews]

Europe Electric Insulator Market to witness momentum growth by 2031

What is Electric Insulator?

An electrical insulator is used in an electrical system to prevent unwanted flow of current. The insulator plays a vital role in the electrical system. It is a very high resistive path through which practically no current can flow.

They are made up of materials such as ceramic, composite, glass, and other materials that are used for improving the quality of power and correcting the power factor.

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The electric insulator market size was valued at $12.6 billion in 2021, and electric insulator industry is estimated to reach $20.8 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031.

The major companies profiled in this report include ABB Ltd., Siemens Energy, GE Grid Solutions, Hubbell Power Systems, NGK Insulators, Ltd., Aditya Birla Insulators, MacLean-Fogg Company, Elsewedy Electric, Seves Group, BHEL, TE Connectivity, Modern Insulators, Almatis GmbH, Hitachi Energy, Olectra Greentech, Zhengzhou Orient Power, and INCAP.

Rapid industrialization, modernization, increase in the demand for portable electronic gadgets, and investment in the renewable energy have fueled the demand for electric Insulator.

Asia-Pacific had dominant position in 2021 as per electric insulator market analysis and would continue to maintain the lead over the forecast period.

Asia-Pacific accounts for the largest electric insulator market share, followed by North America and Europe.

The world electricity demand is expected to grow at 1.85% rate of CAGR and a total of more than 60 million kilometers of transmission & distribution lines are need to be added, refurbished, or replaced to meet the increasing demand.

The global power sector is expected to require about $16.4 trillion in investment during the next 30 years, with transmission & distribution infrastructure that representing the largest sub-sector share.

The industrial inclination toward the advancement of existing electrical infrastructure is projected to have positive influence on the electric insulator market growth.

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Rise in global population, there has been an increase in the demand for efficient and continuous supply of power to meet the growing commercial and industrial needs.

Key applications in end use industries such as industrial power generation industries, electric insulators are expected to witness a steady flow of demand during the forecast period.

Electricity demand, opportunities to realize efficiency gains, and the potential to lower carbon emissions are some of the key factors that drive the massive global investment in the transmission of electricity infrastructure and electric insulator.

It prevents the passing of high voltage in an electric circuit and helps to reduce the cost of energy. It helps to save the environment and emission of pollutants, which enhances the process performances in electronic system. It protects from getting electric shocks or electrocution. The presence of these advantages is expected to drive the demand in the market.

By type, pin insulator segment accounted for the largest share in 2021.

By material type, composite segment accounted for the largest share in 2021.

By voltage, medium segment is projected as most lucrative segment.

By application, transformer segment is projected to create abundant revenue opportunity till 2030.

By end use, utilities segment is projected to grow at a CAGR of 4.1% by 2030.

COVID-19 analysis:

COVID-19 has severely impacted the global economy with devastating effects on global trade, which has simultaneously affected households, business, financial institution, industrial establishments and infrastructure companies.

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The novel coronavirus has affected several economies ad caused lockdown in many countries which has limited the growth of the market.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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[stratviewresearch]

Construction Plastics Market is Predicted to See Lucrative Gains Over 2022-2028

The report on the Construction Plastics Market published by Stratview Research covers in depth details associated with the Construction Plastics Market.

To get a free sample report, Click here:

The Construction Plastics Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Construction Plastics Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.

Key Players

The following are the key players in the Construction Plastics Market:

DowDuPont, Inc.

BASF SE

Asahi Kasei Corporation

LyondellBasell Industries Holdings B.V.

Borealis AG

Solvay S.A.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Construction Plastics Market value and growth drivers over the trend period of 2022-27. According to the report -

Construction plastics market is likely to witness an impressive CAGR of 6.5% during the forecast period. The major factor for the growing demand for construction plastics is their properties, such as low cost, high durability and lightweight property, which is driving the market.

Based on Plastic Type:

Based on the plastic type, the market is segmented as expanded polystyrene, polyethylene, polypropylene, polyvinyl chloride, and others. The polyvinyl chloride (PVC) segment held the largest share of the market in 2021, and is expected to remain dominant during the forecast period. PVC has various properties, such as flexibility, durability, insulation, design freedom, scratch resistance, and thermal conductivity. It is majorly used in pipes application.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest growing construction plastics market during the forecast period, with China and India being the major countries having abundance of raw material and cheap labor, the advantage of low-cost manufacturing is also a major consideration. China is estimated to be the largest country in the Asia Pacific region’s construction plastics market.

Critical Questions Answered in the Report

What are the key trends in the Construction Plastics Market?

How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

What is the impact of COVID-19 on Construction Plastics Market?

What are the key strategies adopted by the major vendors to lead in the Construction Plastics Market?

What is the market share of the top vendors?

Order a Copy of Construction Plastics Market report here

About Us

Stratview Research is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful and actionable market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more. Stratview Research helps its user’s tract the ever-evolving market scenarios through its top-notch market reports.

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[kenresearchcompany]

Key Insights on Competitive Landscape in Global Fiber Glass Market: Ken Research

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Few Global Players Dominate the Market despite the Presence of about ~150 Competitors Comprising a Large Number of Regional Players and Some Specialist Players, finds a recent market study on the Global Fiber Glass Market by Ken Research

Fiber glass is a form of fiber-reinforced plastic whereas glass fiber is reinforced plastic. Fiberglass is lightweight, strong, and less brittle. The best part of fiberglass is its ability to get molded into various complex shapes. Fiberglass is lightweight, strong, and less brittle. The best part of fiberglass is its ability to get molded into various complex shapes.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

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Global Players Constitute ~15% of the Total Number of Competitors, While Regional Players Dominate Representing ~50% of Total Competitors.

A comprehensive competitive analysis conducted during the Research Study found that the global Fiber Glass market is competitive with ~150 players, including globally diversified players, regional players, and many country-niche players. The regional players comprise about ~50% in terms of the number of companies followed by country-niche players with ~35% of the total competitors. The players in the industry develop fiber glass material for applications including insulation and as composites for industries such as automotive, building & construction, aerospace & defense, and others.

The Rising Demand for Composite Materials in Construction and Infrastructure Industry is expected to be the Primary Driver of the Market.

Detailed comparative analysis of key competitors available within the Research Study shows that major players such as 3B - the fiber glass company, Johns Manville, Owens Corning, Saint-Gobain,  and others are highly focused on developing fiber glass products that can be used across multiple end-user industries, such as aerospace & defense, automotive & transportation, building & construction, and more. Furthermore, several companies and organizations are aggressively focusing on acquisitions and mergers with specialized players to invest in fiber glass products.

In June 2022, Owens Corning announced an agreement to build a joint venture with Pultron Composites for the manufacturing of fiberglass rebar. With the agreement, the company commits to providing high-performance concrete reinforcement products in a sustainable manner.

In May 2022, Owens Corning acquired the composites business of the Asahi Fiber Glass Company Ltd. in Japan. The acquisition expands the product portfolio of Owens Cornings with the addition of Liquid Crystalline Polymer, Polyphenylene Oxide (PPO) polymer products, Long-fiber thermoplastic compounds, Rubber-coated glass-fiber solutions, and others.

In August 2020, a USA-based OEM supplier of custom fiber-reinforced plastic (FRP), National Composites acquired Sunrise Fiberglass. With the acquisition, the company has the capacity to serve industries such as marine and recreation, hospitality, electric and specialty vehicles, medical, and others.

Increased Government Initiatives and New Strategical Investments in the Building & Construction Industry Led to Major Product Development and Glass Fiber Technology Enhancement in the Market.

An initiative by the USA government to provide affordable homes to its residents, propelled the demand for glass fiber composites in the region. For instance, in September 2021, the House Democrats passed the Build Back Better Act, which allocated financial aid of US$ 170 billion for affordable housing. Under the guidelines of the act, the government targets to build over one million affordable homes, which is expected to boost the demand for composites and insulation materials in the construction and infrastructure industry.

In September 2022, the government of China announced to invest US$ 1,430 billion in major construction projects till 2025. According to the National Development and Reform Commission (NDRC), Shanghai has a total investment plan of US$ 38.7 billion to construct key infrastructures, whereas Guangzhou, signed 16 new infrastructure projects with the given investment of US$ 8.09 billion. All the construction projects will boost the demand for composite materials to be used in cement and other infrastructures.

In January 2021, Johns Manville launched a thermal recycling unit of glass fiber waste. The unit provides a projected recycling capacity of more than three tons per hour and help keeping more than 10,000 tons of waste out of landfills annually.

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Key Topics Covered in the Report

Snapshot of Global Fiber Glass Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Fiber Glass Market

Historic Growth of Overall Global Fiber Glass Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of Global Fiber Glass Industry

Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors

Covid-19 Impact on the Overall Global Fiber Glass Market

Future Market Forecast and Growth Rates of the Total Global Fiber Glass Market and Segments

Analysis of Global Fiber Glass Market

Major Production/Supply and Consumption/Demand Hubs within Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

Asahi Fiber Glass Co., Ltd.

3B - the fibreglass company

China Jushi Co., Ltd.

Johns Manville

Knauf Insulation

Nippon Electric Glass Co.,Ltd.

Owens Corning

Saint-Gobain

xingtai jinniu fb glass

Taiwan Glass Industry Corporation

Notable Emerging Companies Mentioned in the Report

Fureho AB

Spintex Engineering Ltd.

Darshan Safety Zone

Fibtex Products

Smartshield Insulation

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Fiber Glass Manufacturers

Fiber Glass Suppliers

E-Glass Manufacturers

ECR-Glass Manufacturers

H-Glass Manufacturers

AR-Glass Manufacturers

S-Glass Manufacturers

Fiber Glass Distributors

Emerging and Startup Companies in Fiber Glass

Government Departments of Polymers

Ministries and Departments of Plastics

Importers and Distributors of Fiber Glass

Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: –

Global Fiber Glass Market by Ken Research

[marketinsightshare]

Medical & Pharmaceutical Gases & Equipment Market - Forecast, 2022-2027

Medical & Pharmaceutical Gases & Equipment Market size is estimated to reach $25.4 billion by 2027, growing at a CAGR of 6.2% during the forecast period 2022-2027. Medical and pharmaceutical gases can be delineated as fluids or specialized gases that are taken into account for performing several medical procedures, research, and manufacturing activities in the biopharmaceutical industry. Furthermore, gases equipment is the hardware or assemblies used to storm the gases and supply them when needed. Equipment such as cylinders, valve with integrated pressure regulators, vacuum insulated evaporators, and flow meters are considered in handling the storage and delivery of gases. Besides, storing and maintaining a constant supply few devices such as anaesthetic gas scavenging systems work as scavengers by removing the mixture of gases out of storage facilities and operating rooms in order to keep medical staff exempt from their exposure. Generally, oxygen, helium, argon, nitrogen, and compressed air are used as medical gases when performing therapeutic treatments and anesthetic procedures. Furthermore, gas equipment is the hardware or assemblies used to store the gases and supply them when needed. The medical & pharmaceutical gases & equipment market outlook is exceptionally enchanting ascribing to their colossal demand. Augmenting chronic ailments such as cardiovascular hitches, road tragedies, and mounting research and development spending are factors set to drive the growth of the Medical & Pharmaceutical Gases & Equipment Market for the period 2022-2027. 

Report Coverage

The ort: “Medical & Pharmaceutical Gases & Equipment Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Medical & Pharmaceutical Gases & Equipment Market.

By Composition: Concentrate/Pure gases (Nitrogen, Helium, Carbon dioxide, Oxygen, and others), Dilute/Mixture gases (Blood gas mixtures, Sterilant gas mixtures, lung diffusion mixtures, and others). By Application: Therapeutics, Anesthetic, and Research. By Equipment Type: Masks, Manifolds, Air compressors, Cylinders, Hose assemblies, Flowmeters, and Others. By End User: Hospitals, Clinics, Cancer treatment centers, ASCs, Biotech Industries, and Others. By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

Key Takeaways

Geographically, the North America Medical & Pharmaceutical Gases & Equipment Market accounted for the highest revenue share in 2021. However, Asia-pacific is poised to dominate the market over the period 2022-2027.

Enlarging the elderly population, a frantic upsurge in the prevalence of cardiovascular complications CVDs is said to be a preeminent driver driving the growth of the Medical & Pharmaceutical Gases & Equipment Market. whereas, health problems associated with medical gases are said to reduce the market growth.

Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Medical & Pharmaceutical Gases & Equipment Market report.

Medical & Pharmaceutical Gases & Equipment Market Share, By Geography (%) in 2021

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Medical & Pharmaceutical Gases & Equipment Market Segment Analysis-By Composition

The Medical & Pharmaceutical Gases & Equipment Market based on the composition type can be further segmented into concentrate/Pure gases (Nitrogen, Helium, Carbon dioxide, Oxygen, and others), dilute/mixture gases (Blood gas mixtures, Sterilant gas mixtures, lung diffusion mixtures, and others). The concentrate gases segment held the largest share in 2021. The growth is owing to humongous demand as chronic obstructive pulmonary diseases are coming to the foreground like never before. COPD maladies like emphysema and chronic bronchitis are so severe that they inflict irreparable damage to the lungs which can’t be cured. Therefore, patients suffering from such conditions required constant medical care and treatment. On another hand, cases associated with cardiac arrest and trauma have heightened the use of medical oxygen. It can’t be proclaimed that only the pure gases segment will witness growth aspects over the undermentioned time frame because both of these gases’ usage go hand-in-hand. Mixture gases play a significant role in the maintenance of devices that distributes anesthetic gases. Moreover, they are also taken into consideration during lung diagnosis. Therefore, the concentrated along with dilute segment is estimated to be the fastest-growing segment with a CAGR of 7.8% over the forecast period 2022-2027.

Medical & Pharmaceutical Gases & Equipment Market Segment Analysis-By End User

The Medical & Pharmaceutical Gases & Equipment Market based on end-user can be further segmented into hospitals, clinics, cancer treatment centers, ASCs, biotech Industries, and others. The hospital segment held the largest share in 2021. The growth is owing to broadening hospitalization trends as chronic illnesses are on the loose and roaming around the globe. Moreover, the COVID-19 has played a significant role in upsurging hospitalization. Many COVID patients witness lower levels of oxygen in the blood which drives the tissues and organs of the body to starve. This condition obligates constant access to oxygen. Therefore, to meet the shooting up demand hospitals are supposed to be in a fit state all the time to meet the requirements. In today’s world hospitals have a far-reaching presence throughout the countries whether it’s a city or pastoral area it doesn’t matter. That is why they have become the first and foremost point of contact for people who want to undergo some sort of treatment. Moreover, the hospital segment is estimated to be the fastest-growing segment with a CAGR of 7.3% over the forecast period 2022-2027. This growth is owing to the enlightening infrastructure of hospitals with heightened government spending post-COVID-19.

Medical & Pharmaceutical Gases & Equipment Market Segment Analysis-By Geography

The Medical & Pharmaceutical Gases & Equipment Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held the largest share with 36% of the overall market in 2021. The growth in this segment is owing to the factors such as the heavy pervasiveness of asthma. The US dominates when it comes to bronchial asthma due to widespread obesity. According to the American Lung Association, being overweight can narrow the lungs by encircling pressure and set breathing difficulties in motion. More than 40% of adults in the US are obese. Similarly, gun violence leads to thousands of injuries every year, and the immense spread of cancer cases especially breast and lung cancer are quite high which is also driving the growth in the respective segment. However, Asia-pacific is expected to be the fastest-growing segment over the forecast period 2022-2027. This growth is owing to the soaring elderly population which is shooting up the incidences of heart attack and cancer. Besides cancer and heart attack the worst air quality is another big factor behind amplified hospitalization. India and China are home top cities with the worst particulate matter (PM2.5) concentration which impairs the lungs of residents more than 30 times the WHO satisfactory levels. According to a report published in 2021, Asia is the epicenter of the most polluted cities worldwide. Out of the most 100 polluted cities all around the globe, 46 lie in India, and 42 are situated in China. Considering the aforementioned factors, the number of people afflicted with chronic obstructive pulmonary disease (COPD) is rising.

Medical & Pharmaceutical Gases & Equipment Market Drivers

Shooting up chronic illnesses is Anticipated to Boost Product Demand. 

Jumping incidences of chronic illnesses is a major factor behind the growth of the medical & pharmaceutical gases and equipment market. According to the report, chronic maladies like heart attack and cancer are the biggest reason for increased mortality rates all over the globe. More than 600,000 people die from heart attacks in the US. Moreover, around 17-18 million lose their lives due to coronary heart diseases worldwide. Now as a major faction of the total world population is turning old these numbers are anticipated to witness a spike before long. It is estimated that are going to be 1-2 billion old people on this planet before long. All these factors are contributing their fair share to the growth of the aforementioned market.

Augmenting obesity and hospitalization ascribing to COVID-19 are Expected to Boost Product Demand.

COVID-19 is the prime reason behind the increased hospitalization in the last two years. Studies have found a direct link between COVID-19 and respiratory distress syndrome (ARDS) as the lungs are the most overwhelmed organ of the body. On another hand, the prevalence of chronic obstructive pulmonary disease (COPD) has become so common that every year India record more than 10 million cases. Likewise, the U.S. has recorded 16 million cases in 2021. Moreover, the budding trend of obesity due to poor intake and reduced activity is another reason driving the growth of the respective market.

Medical & Pharmaceutical Gases & Equipment Market Challenges

Health complications associated with medical gases are Anticipated to Hamper Market Growth.

Although incidences of serious health hitches associated with medical gases occur once in blue moon but still in many cases inhalation of gases like carbon dioxide and nitrous oxide can erupt many severe health complications which can be factor incongruent with the growth of medical & pharmaceutical gases & equipment market. CO2 exposure sets health hitches like tingling, asphyxia, uneven heartbeat, convulsion, and nuisances in motion. According to National Center for Biotechnology Information, the incidence of birth asphyxia in most developed countries accounts for less than 0.1% of newborn deaths. But, in developing countries, it ranged from 4.6/1000 to 7–26/1000 live births. More than 25.0% of the world's newborn deaths have occurred in Africa. Of those, birth asphyxia accounts for 24.0%. Moreover, excess nitrous oxide may give rise to nerve damage, coma, seizures, and loss of life in some cases.

Medical & Pharmaceutical Gases & Equipment Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Medical & Pharmaceutical Gases & Equipment Market. Key companies in this market are-

Linde Group

BeaconMeadaes LLC

Air Liquide

BPR Medical

INOX Air products

Praxair

Gulf Cryo

Messer group

Taiyo Nippon Sanso

Atlas Copco

Recent Developments

On April 19, 2022, FDA approved GE Healthcare software that automates anesthesia and reduces greenhouse gas emissions during surgery. The software is cleared for use with GE Healthcare’s Aisys CS2 anesthesia delivery system.

On May 11, 2021, Sweden-based company “Atlas Copco” which develops and manufactures air compressors announced that it has successfully acquired North Carolina, United States-based company “Compressed air system Inc.” the financials of this deal were kept hidden but the acquisition is supposed to extend several advantages to Atlas Copco to enhance its overall reach to its customers.

On April 3, 2019, German industrial gas supplier “Messer Group” and British equity and investment company “CVC Capital partners” concluded an acquisition deal with “Linde.” Under the deal, Messer acquired many gases businesses which are located in America from Linde. The total value of this transaction was around $3.3 billion.

[kudos12]

Research Nester published a report titled “Electric Insulator Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global electric insulator market in terms of market segmentation by material type, application, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global electric insulator market is estimated to occupy a large amount of revenue by growing at a CAGR of ~8% during the forecast period, i.e., 2022 – 2030, owing to the rising refurbishment of existing grid networks, and increasing adoption of renewable energy resources across the globe. Apart from these, growing investments in transmission and distribution networks, and surging demand for energy worldwide are also significant factors expected to drive market growth in the forthcoming years.

In Q4 2021, USA current-account deficit widened stood at $224.8 billion. However, in Q1 22, CAD rose by 29.6%, reached to $291.4 billion, adding $66.6 billion to the gap. Export of good and services increased by $25.7 billion to reach $1.03 trillion in the first quarter of 2022. However, goods and services deficit was $79.6 billion in June, down $5.3 billion from $84.9 billion in May, revised- reflecting some sight of relief. On the other hand, annual inflation rate in the country hit 8.5%.

Energy CPI surged by 32.9% in July 2022, inflating the cost of logistic and some signs to disrupt supply chain whilst electricity cost upsurged by 15.2%, highest since Feb 2006. Apart from that, In July 2022, existing US home sales declined 5.9% to 4.81 million (seasonally adjusted annual rate), the lowest since May of 2020 and below market expectations of 4.89 million. As mortgage rate touches to peak 6%, sales for houses declined for a sixth consecutive month. Global energy crises to remain at focal point, pushing consumers to spend less on the products and services and save more.

On the other hand, the worst is expected to be seen in the European countries especially during 2022 winters. The energy and gas crises has already started grappling the region where in many Western European countries including Germany is looking for coal fired solutions to tackle the gas supply shortage, created by Russian-Ukraine conflict.

Amidst global concerns, market players have started looking for safe investments by holding on to the new technology and product launches. Factors like currency translation, disruption in global supply chain, Anti-China sentiments brewing across the globe, slowdown in Chinese economy, inflated products prices, USD getting stronger every week, decreasing purchasing power and strict measures taken by central banks/institutions across the world to ensure less spending and more saving, could hit the demand for the product and service badly in near future.

The market is segmented by material type, application and end user. Based on material type, the composite segment is anticipated to observe notable growth during the forecast period on the back of improved transmission line aesthetics, high shock resistance, and ease of installation of this material type of electric insulator. Additionally, by application, the transformer segment is projected to witness robust growth over the forecast period attributing to the rising installation of transformers for meeting the growing electricity requirements globally.

Geographically, the global electric insulator market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America region is evaluated to grab the largest share in the market during the forecast period attributing to the high investments in power generation sector, and strong presence of major market players in the region. Moreover, the market in Asia Pacific is assessed to grow by a noteworthy rate in the future owing to the escalating demand for power, and rapidly growing urbanization in the region

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Curious about this latest version of report? Obtain Report Details @ https://www.researchnester.com/reports/electric-insulator-market/3736

Rising Refurbishment of Existing Grid Networks Globally to Boost Market Growth

As per the data provided by the U.S. Energy Information Administration (IEA), the total energy consumed worldwide grew up to 599.459 quadrillion Btu in 2018, up from 582.776 quadrillion Btu units of energy in the year 2017.

The increasing energy demand globally is raising the need for stable and reliable transmission and distribution networks. Unreliable T&D infrastructure poses threat to national security as a result of sudden power outages. This in turn is giving rise to high in-flow of investments for refurbishing existing grid networks around the world to significantly drive market growth in the near future.

However, rapidly changing prices of raw materials is expected to operate as key restraint to the growth of the global electric insulator market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global electric insulator market which includes company profiling of ABB, Ltd., Siemens AG, General Electric Company, Seves Group, Bharat Heavy Electricals Limited, Hubbell Inc., Zhengzhou Orient Power Co. Ltd, PPC Austria Holding GmbH, K-Line Insulator Limited, Toshiba Corporation, and others.

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global electric insulator market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

[rahulpande15]

Industrial Insulators Market Revenue, Opportunity, Segment & Key Trends To 2029

Industrial Insulators Market Companies

The key players involved in the Industrial Insulators market are ABB Ltd., Alstom, Hubbell Incorporated, Lapp Insulator Group, Siemens AG, Toshiba Corporation, Aditya Birla Nuvo Ltd., Seves Group, MacLean-Fogg, Bharat Heavy Electricals Limited.

Industrial Insulators Market: An Overview

The report offers a detailed study of the Industrial Insulators market, which is classified on the basis of types, end users, applications, and regions. By geography, the Industrial Insulators market is categorized across North America, Europe, Asia-Pacific, and LAMEA. North America is divided into the U.S., Canada, and Mexico. Europe includes Germany, France, the UK, Italy, and rest of Europe. Asia-Pacific takes in China, India, Japan, South Korea, and rest of Asia-Pacific. Latin America, the Middle East, and Africa are studied across LAMEA. The report encompasses the quantitative analysis of the Industrial Insulators market from 2021 to 2030. Considering all the micro- and macro-economic aspects, the CAGR is projected from 2022 to 2029.

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The report also provides information on the drivers, restraints, and opportunities of the market. Furthermore, certain strictures such as value chain breakdown, pricing analysis, Porter’s five force breakdown, and impact of government dictums on the market are also demonstrated in the Industrial Insulators market report.

Segmental outlook

The global Industrial Insulators market is categorized on the basis of type, application, end-use industry, and region. Based on region, the market is studied across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The segmental study takes in real-time and forecast in both qualitative and quantitative terms. This helps clients understand the most worthwhile segments for investors to capitalize on the market. By type

The key segments studied under this section include ceramic, glass and composite insulators. Based on availability of data, the bottom-up/top-down approach is used to evaluate the regional and global market values.

By Voltage

High-voltage,

Medium-voltage

Low-voltage

By application

Cables & transmission lines,

Transformers,

Switchgears,

Bus bar,

Surge protection devices

Others

By end-use industry

The major consumers highlighted in the report are utilities, commercial and industrial, and others.

Competitive scenario

The report encompasses an in-depth study of the major players operating across the world, along with market share analysis, and an outlook on the strategies adopted by the top players in the industry. Moreover, the report highlights the developmental strategies such as mergers & acquisitions, product launches, and partnerships incorporated by the market players to heighten their foothold in the market.

COVID-19 Impact Analysis

The COVID-19 outbreak had a huge impact on the community as well as the economy throughout 2020. The report offers a brief overview of the outcome of the outbreak. The report focuses on the direct impact of COVID-19 pandemic on the market extent and share.

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Moreover, it also discusses the safety measurements taken by governments to curb the spread of the virus and how it has helped the Industrial Insulators market get back on track soon It further highlights the prime strategies adopted by major market players during such unprecedented times.

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