#Europe Iron & Steel Casting Market Development

[industrynewsupdates]

Enhancing Supply Chain Efficiency with Carbon Steel Procurement Intelligence

The carbon steel category is expected to grow at a CAGR of 4.0% from 2023 to 2030. The APAC region accounts for the largest category share and is anticipated to be the fastest-growing region in the forecast period. Factors such as the rise in the need for carbon steel in infrastructure development, the automotive sector, construction sites, and machinery are driving the category growth. One of the key trends is the use of this product in the shipbuilding industry owing to the growing demand in China, and Southeast Asia. Availability of cheap labor and technological advancement are the reason companies are shifting their shipbuilding manufacturing to these countries.

High-temperature drawing (HTD), advanced metallurgy, and coatings are a few technological advancements that are generally used in this category to enhance the properties of carbon steel. HTD is used by manufacturers to reduce cost, production time, and the impact on environment during the production. Coatings and advanced metallurgy techniques are used by manufacturers to enhance durability and to give strengthening to the product thereby increasing protection from corrosion and less wear and tear resulting in an enhanced product life cycle. Companies are utilizing technologies to gain a competitive advantage over others. In 2020, U.S. Steel Corporation invested USD 1.2 billion in constructing a rolling and endless casting facility in Pennsylvania to reduce its environmental footprint and improve operational efficiency.

The category is consolidated with top players taking over and capturing a larger market share. They are constantly working on developing new and innovative products, solutions, and technologies to cater to the demand of larger industries and to have a competitive lead over others. Top players have strategically allied with other manufacturers to acquire the latest technology and outsource some of their operations to make the market competitive and extend barriers for new entrants. In 2021, Sumitomo Metal Corporation and Nippon Steel called a new business strategy – NSSMC Beyond 2022, to strengthen their market competitiveness and expand their business globally. Players are acquiring stakes to expand their business portfolios. In 2020, Tata Steel acquired the remaining 25.1% stake in the Tata Steel subsidiary company, Tata Steel BSL Limited. This acquisition helped in strengthening and expanding their product portfolio.

Order your copy of the Carbon Steel Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

Coking coal and iron ore drives the steel price along with the effect of the supply-demand scenario of the category plays a major role in constituting the price. The prices of these raw materials are expected to remain volatile due to state-mandated measures to reduce carbon emissions and rising geopolitical tensions. Owing to strict lockdowns in Shanghai amid covid-19 pandemic and the Russia-Ukraine war have caused drastic effects in disrupting the supply chain. With easing curbs in restrictions and normalization in the supply chain have rallied the demand. In 2023, steel prices in China went up by 55.4% from USD 749 to USD 1,164 in April. With the U.S. and Europe back on inventory replenishment, demand for global supply increased resulting in an increase in prices of hot rolled carbon steel by USD 38.24 per tonne and hot rolled steel coils by USD 28.68.

Sourcing of the category involves procurement of raw materials and import of the final product from various countries. China, Russia, and Japan are the top exporters in this category. The wide availability of raw materials and large export of semi-finished and finished goods are helping them in leading the market. Best sourcing practices include reaching potential suppliers with the delivery of good quality raw materials, reduced lead time, competitive pricing, and meeting regulatory compliance. China dominates the category with the export of 66.2 million metric tons of its production. It exports majorly to the U.S., Vietnam, and India. It stands at the largest steel industry in the world and manufactures around half of all crude steel produced globally. Chinese producer, Baowu Group produces 120 million metric tons of crude steel, which is significantly higher than other producers around the world. 

Browse through Grand View Research’s collection of procurement intelligence studies:

• Activated Carbon Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Glycol Ethers Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Carbon Steel Procurement Intelligence Report Scope 

• Carbon Steel Category Growth Rate: CAGR of 4.0% from 2023 to 2030

• Pricing growth Outlook: 20 - 25% (Annual)

• Pricing Models: Volume-based pricing model, and Market-based Pricing model

• Supplier Selection Scope: Cost and pricing, Past engagements, Productivity, Geographical presence

• Supplier Selection Criteria: By Steel Durability, End Use, Category Product Segment, Type of Grade, Fitting Type, Size, Number of Production Units, Technical Specifications, Operational Capabilities, Regulatory Standards, and Mandates, Category Innovations, and Others

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Key companies profiled

• AK Steel Corporation

• Arcelor Mittal

• Baosteel Group

• Evraz plc

• HBIS Group

• JFE Steel Corporation

• Nippon Steel Corporation

• NLMK

• POSCO

• United States Steel

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

[marketsndata]

Green Cement Market Size, Share and Forecast 2030

Global Green Cement Market size was valued at USD 905.4 million in 2022 which is expected to reach USD 1532.54 million in 2030 with a CAGR of 6.8% for the forecast period between 2023 and 2030. The demand for cement is progressively growing due to frequent construction of high-rise buildings, complex infrastructures, industrial sectors, etc. The production of cement is accompanied by a huge percentage of carbon emissions which is a serious environmental concern. Green cement is gaining significant attention as its incorporation can reduce the carbon footprint by 40%. Conventional cement also raises the problem of landfills and majorly contributes to rise in pollution levels leading to environmental damage. Green cement shows more resistance to variation in temperature leading to cost optimization for both heating and cooling. Green cement is suitably manufactured from industrial waste like silica fume, fly ash ultimately limiting the usage of natural resources such as shale, clay, limestone. Unlike traditional cement, green cement is more durable and fire resistant.

Sample Report- https://www.marketsandata.com/industry-reports/green-cement-market/sample-request

Magnesium Oxychloride Cement is Augmenting the Green Cement Market

Mechanical and durable properties of concretes used for building massive infrastructure can significantly control the strength of such constructions. Magnesium oxychloride cement is one of the strongest green types of cement that possesses various advantages over conventional cement. It acquires early strength that develops higher strength and bonding making it suitable for mixing in every stage. Generally, magnesium oxychloride comprises of magnesium oxide powder and concentrated solution of magnesium chloride. It is substantially used in ship decks, railway coach flooring, industrial flooring, ammunition facilities flooring, underground bunkers, etc. Heavy cast iron wheel movement generates immense vibrations where the magnesium oxychloride cement has incredible load bearing capacity are successively incorporated to withstand such dreadful vibration.

A data published by rail passengers’ association in March 2022, states that President Joe Biden commenced the investment up to USD 100 billion under the Infrastructure and Jobs Act for building national railway network over the coming years. Rail networks across North America, Europe, Russia, China, India, and Japan contributes to around 90% of global passenger movements which significantly has huge potential for magnesium oxychloride green cement market to grow exponentially.

Rising Demand from Residential Sector is Propelling the Green Cement Market

The growing urbanization and exploding population have remarkably increased the demand for construction of residential projects. Due to frequent earthquakes and movable plates has generated concerns among residents to build strong adoptable infrastructure that could survive even in highest tremors. Green cement possesses tremendous strength compared to conventional cement and is potentially strong to withstand temperature fluctuations and disturbance in underground movements. The composition and Raw Material of green cement impart additional strength to the structure and embed the foundation to become more resistant to earthquakes and any natural calamity.

Data released by the European Steel Association (EUROFER) states that in 2022 the volume of production in the construction sector across the European Union substantially grew by 4.8%. The UAE’s construction and real estate sector is estimated to grow 3.7-4.4% during the next five years. Public Investment Fund of Saudi Arabia is progressively looking to invest around USD 4 billion in the India real estate over 3 years.

Growing Demand to Develop Sustainable Infrastructure is Accomplished using Green Cement

An indispensable requirement to replace conventional cement by green cement which is exceptionally growing in new skyscrapers projects. Green cement possesses unique characteristics to remain more resistant to changes in temperature which incorporates in various concrete making processes. World’s highest standards of sustainable building certifications organizations such as BREEAM, LEED, etc. are significantly responsible for providing regulations to sky rise buildings and large infrastructures. Advanced equipment and technology accompanied by green cement combine to give an impeccable solution by reducing carbon dioxide emission with a significant factor. Green cement extends to photocatalytic cement that potentially decomposes oxides of nitrogen in high traffic areas like densely populated buildings.

Numerous cement manufacturing companies are shifting their technology to alternative green cement that eradicates the concerns of environmental impact. In September 2022, Holcim stated that they have developed ECOPlanet green cement that incorporation assisted in building Al-Ain El-Sokhna in Egypt. They have provided around 85,000 tons of ECOPlanet cement that significantly reduced carbon dioxide emissions by 45%. The prominent project in Egypt is considered a main gateway to the Gulf Cooperation Council (GCC), East Africa and Asia covering huge area of 23km*km.

Asia-Pacific, a Dominating Market for Green Cement Capturing More Than Half of the Global Revenues

Technological advancements, the strong presence of key players, growing environmental concerns and the need to reduce carbon emissions make Asia-Pacific a dominating market for green cement, globally. Moreover, green cement is eco friendly and economical which makes it an ideal choice for construction activities in countries like India. Cement manufacturing companies in the region are tapping the market potential by expanding their manufacturing facilities to meet the increasing demand in coming years.

In May 2023, Ambuja Cement announced to expand its production capacity of green cement and double the cement production to 140 MTPA in next five years. In September 2022, its parent company Adani Group acquired Switzerland-based Holcim Group’s stake in Ambuja Cements and ACC for USD 6.5 billion.

Impact of COVID-19

The outbreak of COVID-19 has severely impacted entire humankind where people were vulnerable to infectious disease. Different sectors were economically impacted consequently leading to supply chain disruptions, shutdown of ongoing constructions due to reduced labor force, etc. Accounting to each sector real estate business was majorly troubled which slowed down the growth of construction. Consequently, the consumption of cement fell that brought huge loss to leading players. Gradually with time pandemic impact was decreasing which enforced population to shift towards sustainable surroundings. Significantly this led to huge opportunities for green cement market across the globe to build infrastructure by reducing carbon footprint.

Green Cement Chemical Market: Report Scope

Green Cement Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Green Cement Market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/green-cement-market

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The Wind Turbine Casting Market size is forecast to reach $2.85 billion by 2027, growing at a CAGR of 6.02% from 2022 to 2027. Rising government investment toward green electricity generation by integrating wind power technology is positively impacting the installation of wind turbines across the globe. Wind turbines consist of various parts which include a rotor shaft, rotor hubs, rotor blades, gearbox, generators, towers, rotor bearings, power converter, transformer, nacelle housing, cables and others. Wind turbines are designed with a lifespan of 20 years and thus, the components require high fatigue strength. Wind Turbine Casting aids in high creep resistance and can be considered vital in developing composite components. The primary parts such as rotor hubs, axle pins and main carriers are subjected to high stress and thus these components are in dire need of undergoing a casting process. Factors such as favorable government policies promoting renewable energy usage and the demand for reducing carbon imprints and emissions are fueling the installation of wind turbines across the globe, which in turn is set to spur the demand for wind turbine casting for years to come. Does the German federal government plan to expand offshore wind power to a capacity of 15,000?MW by the year 2030 to reduce the CO2 emissions and this in turn is set to aid the growth of the Wind Turbine Casting Market in future years.

Wind Turbine Casting Market Report Coverage

The “Wind Turbine Casting Market Report - Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Wind Turbine Casting Market.

By Type: Horizontal Axis Turbine and Vertical Axis Turbine. By Material Type: steel, cast iron, aluminum alloy, glass-reinforced plastic, copper and others. By Capacity: <3 MW, 3-5 MW, 5-8 MW and >8 MW. By Casting Technology: sand casting, chill casting and others. By Component: Tower/ foundation, rotor hubs, rotor blades, axle pins, rotor shaft, rotor bearings, gearbox and others. By Application: Offshore and Onshore. By End-user: Industrial, Commercial, Residential By Geography: North America (the U.S., Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, South Korea, Australia and Others), South America (Brazil, Argentina and others) and RoW (the Middle East and Africa).

[pricing-industry-report]

Stainless Steel Pricing Report, Trend, Chart, News, Demand, Historical and Forecast Data

The latest report by IMARC, titled " Stainless Steel Pricing Report 𝟐𝟎𝟐𝟒: 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚," delivers a comprehensive analysis of stainless steel prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Stainless Steel Prices December 2023:

United States: 3450 USD/MT

China: 1860 USD/MT

Germany: 3146 USD/MT

Report Offering:

Monthly Updates - Annual Subscription

Quarterly Updates - Annual Subscription

Biannually Updates - Annual Subscription

The study delves into the factors affecting stainless steel price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/stainless-steel-pricing-report/requestsample

Stainless Steel Price Trend- Q4 2023

Stainless steel (flat) refers to a category of steel known for its corrosion resistance, achieved through the addition of chromium and other alloying elements, which form a protective layer on its surface. It involves the process of melting the steel and alloying elements together, then casting the molten steel into a slab or bloom, which is subsequently hot-rolled into flat products of varying thicknesses. The stainless steel market in the fourth quarter of 2023 was characterized by a complex interplay of demand and supply dynamics across major regions, influenced by economic indicators, sector-specific demands, and geopolitical factors. In North America, the initial strong demand from the chemical and automotive sectors, driven by limited upstream material supplies, set a high price trend for stainless steel flat products. The redirection of investments to China to counteract the threat from affordable imports and the fluctuating demand influenced by winter holidays, weather conditions, and policy uncertainties, further shaped the market dynamics.

The global stainless steel market size reached US$ 155.41 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 251.80 Billion, at a projected CAGR of 5.51% during 2023-2032. In the Asia-Pacific region, the market experienced downward pressure on prices due to a combination of anti-dumping duties, shifts in demand, and raw material uncertainties. The Chinese market, in particular, saw a reduction in prices as steelmakers grappled with low iron ore stocks and sought alternatives amidst a predicted growth in steel demand. Despite an increase in nickel supply and the use of recycled materials, reduced consumption, and excess coal supply weighed heavily on the market. The impact of global oversupply, adverse weather conditions, and expanded mining operations, alongside disruptions in Indonesia and strategic moves by major companies like Tsingshan Holding Group, played significant roles in shaping the market landscape. The stabilization of prices in December, despite these challenges, underscores the volatile nature of the market and its sensitivity to global trade and macroeconomic factors.

Europe's stainless steel flat market maintained a stability, with fluctuations influenced by sectoral demand, raw material supply, and policy developments. The initial price increase in the German spot market, driven by demand from the automotive and chemical sectors, faced challenges from reduced raw material supply and concerns over future availability due to the EU Carbon Border Tax and potential export bans. As the quarter progressed, reduced demand from downstream industries and an oversupply situation led to a decline in prices. The end of the quarter saw further price reductions influenced by decreased domestic demand, increased production costs, and the impact of policy changes on sectors like electric vehicles. These factors, combined with strategic industry responses to environmental concerns, highlight the diverse influences on the stainless steel market and the intricate balance between demand, supply, and policy frameworks that define its trajectory.

Browse Full Report: https://www.imarcgroup.com/stainless-steel-pricing-report

Key Points Covered in the Stainless Steel Pricing Report: 

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

Stainless Steel Prices

Stainless Steel Price Trend

Stainless Steel Demand & Supply

Stainless Steel Market Analysis

Demand Supply Analysis by Type

Demand Supply Analysis by Application

Demand Supply Analysis of Raw Materials

Stainless Steel Price Analysis

Stainless Steel Industry Drivers, Restraints, and Opportunities

Stainless Steel News and Recent developments

Global Event Analysis

List of Key Players

Regional Price Analysis:

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

Soybean Oil Pricing Report

Base Oil Pricing Report

Citric Acid Pricing Report

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

About Us:

IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

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Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

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Silicon Alloys Market is expected to exceed a valuation of US$ 17.3 Bn by 2031

The global silicon alloys market is estimated to register growth at a CAGR of 5.6% during the forecast period from 2022 to 2031, according to a research report by Transparency Market Research (TMR).

Leading companies operating in the global silicon alloys market are utilizing organic and inorganic strategies such as mergers, acquisitions, and product portfolio expansions in order to gain prominent position in the market. Moreover, major players are increasing investments in R&D projects in order to improve the quality of the products they provide.

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Silicon Alloys Market: Key Findings

Automotive is one of the key end-use industries where steel and cast iron products are utilized at larger scales. These products are manufactured using ferrosilicon. In recent years, the demand for different vehicles including trucks, heavy-duty vehicles, and passenger cars is being increasing across the globe. According to statistics, approximately 91.5 million units of commercial vehicles and passenger cars were manufactured in 2018. Moreover, there has been a surge in the sales of commercial vehicles and cars globally in the past few years. These factors are prognosticated to result in a surge in the demand for silicon alloys during the forecast period, states the silicon alloys market demand analysis by TMR.

Silicon alloys find application in stainless steel, carbon steel & other alloy steel, cast iron, and electrical steel. Among all, the carbon steel & other alloy steel segment held a sizable market share for silicon alloys in 2021 and is prognosticated to expand at 5.38% during the forecast period. The growth of the segment is ascribed to rising demand for carbon steel & other alloy steel owing to a surge in the use of iron and steel in the automotive industry.

Stainless steel is being increasingly utilized in a wide range of end-use industries such as chemical, infrastructure, oil & gas, and power owing to its different properties including high strength, corrosion resistance, and high ductility. This factor is leading to revenue-generation opportunities in the global silicon alloys market, note analysts at TMR. Moreover, the stainless steel segment is likely to contribute the largest revenue share in the silicon alloys market during the forecast period. This growth is ascribed to many factors including swift industrialization in developing nations across the globe.

Market Segmentation:

By Service Type:

Alloy Manufacturing

Alloy Blending

Alloy Recycling

By Sourcing Type:

Domestic Sourcing

International Sourcing

By Application:

Automotive

Electronics

Construction

Energy

Others

By Industry Vertical:

Automotive

Electronics

Aerospace

Energy & Power

Construction

Others

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis:

Asia-Pacific is expected to lead the silicon alloys market, driven by rapid industrialization, infrastructure development, and the presence of key manufacturers in countries like China, India, and Japan.

North America and Europe will also witness significant growth owing to technological advancements and increasing applications in automotive and electronics sectors.

Market Drivers and Challenges:

Drivers:

Growing demand for lightweight materials in automotive and aerospace industries.

Technological advancements in alloy manufacturing processes.

Increasing applications in renewable energy sectors such as solar and wind power.

Focus on reducing environmental impact through sustainable alloys.

Challenges:

Fluctuating raw material prices.

Intense competition from alternative materials.

Regulatory compliance and environmental concerns.

Market Trends:

Development of high-performance silicon alloys for specialized applications.

Integration of digital technologies in alloy manufacturing processes for efficiency and quality control.

Emphasis on recycling and circular economy practices to minimize waste.

Future Outlook:

The future of the silicon alloys market is promising, with a strong focus on innovation, sustainability, and market expansion. Advancements in alloy compositions, strategic collaborations, and investments in research and development will drive market growth and competitiveness.

Key Market Study Points:

Analysis of market dynamics including drivers, challenges, and opportunities.

Examination of regional market trends and growth prospects.

Assessment of key industry verticals and their demand for silicon alloys.

Evaluation of regulatory frameworks impacting market dynamics.

Competitive Landscape:

Key players in the silicon alloys market include:

Elkem ASA

Ferroglobe PLC

RUSAL

SK Siltron CSS

Wacker Chemie AG

Recent Developments:

Launch of new silicon alloy formulations catering to specific industry needs.

Investments in production capacity expansion and technology upgrades.

Strategic partnerships and acquisitions to strengthen market presence and global reach.

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About Transparency Market Research

Transparency Market Research, a global market research company registered in Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Website: https://www.transparencymarketresearch.com  

[marketinsight1234]

Vietnam Industrial Valve Market: Forthcoming Trends and Share Analysis by 2030

The Industrial Valve is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

Vietnam's expanding manufacturing and infrastructure sectors have propelled the country's industrial valve market's recent notable growth. The primary factors driving the market were Vietnam's economic development and the rising need for energy, gas, oil, and water resources.

The market was typified by the existence of both foreign and indigenous valve producers. While multinational players from China, South Korea, Japan, and the United States supplied high-quality valves to diverse industries, local businesses met domestic demand. The construction, petrochemical, power generating, water and wastewater treatment, and oil and gas sectors were the biggest end users of industrial valves.

The need for industrial valves has expanded even more as a result of the Vietnamese government's emphasis on infrastructural development, industrial development, and foreign investment. The market did, however, face certain difficulties, including competition from low-cost import valves and the requirement for ongoing technological advancement to satisfy worldwide standards. Vietnam's industrial valve market appeared to have a bright future because of the nation's ongoing industrialization and economic expansion.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Leading players involved in the Vietnam Industrial Valve Market include:

Viglacera Corporation (Vietnam) PetroVietnam Valves (PVV) (Vietnam), Viet Valve Joint Stock Company (VVC) (Vietnam), Arita Valve Co. Ltd. (Japan), Hoang Anh Gia Lai Machinery JSC (HGL) (Vietnam), Neway Valve (Suzhou) Co. Ltd. (China), OCV Co. Ltd. (Vietnam), Valves Joint Stock Company (VVS) (Vietnam), Hemaya Co. Ltd. (Vietnam), VNECO Mechanical Engineering Import-export JSC (Vietnam), Industrial Instruments And Equipment Company Limited (VINTEC) (Vietnam), API Valve JSC (AVC) (Vietnam), BP Valve Company Limited (Vietnam), FTech Co. Ltd. (Vietnam), STC Co. Ltd. (Vietnam), HAIYAN SUNFAST TRADING CO. LTD Vietnam Branch (China), Minhtuan Production Trading And Services Co. Ltd. (MT Vietnam) (Vietnam), TBV Vina Co. Ltd. (Vietnam), UniOne Co. Ltd. (Vietnam), Vinacoma JSC (Vietnam) and other major players. 

If You Have Any Query Vietnam Industrial Valve Market Report, Visit:

https://pristineintelligence.com/inquiry/vietnam-industrial-valve-market-203

Segmentation of Vietnam Industrial Valve Market:

By Type

Ball

Globe

Gate

Butterfly

Plug

Check

By Material

Steel

Brass

Bronze

Cast Iron

Plastic

By Size

< 1”

1”–6”

6”–25”

25”–50”

50”

By Application

Oil & Gas

Power

Energy

Chemical

Water & Waste Treatment

 By Function

On/Off

Control

Isolation

Special Purpose

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Vietnam Industrial Valve Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Vietnam Industrial Valve Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

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[marketdevelopment]

Italy Industrial Valve Market: Forthcoming Trends and Share Analysis by 2030

The Industrial Valve is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

The Italian industrial valve market is significant to the nation's economy and is active in many different fields. Oil and gas, chemicals, water and wastewater treatment, power, and petrochemicals are just a few of the well-established process industries in Italy that mostly rely on industrial valves to control and regulate fluid flow. These valves are crucial parts that keep processes running smoothly, boost productivity, and uphold safety regulations.

Because of the intense competition in the market, domestic and foreign valve manufacturers are working hard to satisfy the rising need for creative and dependable valve solutions. Italy's excellent technological and engineering capabilities keep pushing the development of premium valve products.

Italy's advantageous position as a gateway to Europe creates potential for industrial valve exports to nearby nations, thereby broadening the market reach. Offering a wide range of valves for various industrial applications, the Italy Industrial Valve Market is poised for sustained expansion as the industry continues to modernize and improve its infrastructure.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Leading players involved in the Italy Industrial Valve Market include:

Valvitalia Group (Italy), PetrolValves (Italy), Perar SPA (Italy), OMB Valves (Italy), Galli&Cassina (Italy), Metalvalves SRL (Italy), PIBIVIESSE (Italy), Firsa SPA (Italy), F.lli Valv. Iseo (Italy), Tecnoimpianti (Italy), GEP Valves (Italy), Geo Valves (Italy), Valvolam (Italy), Gnali Bocia (Italy), TESPE (Italy), EREDI BAITELLI SPA (Italy), AVK Italia (Italy), Schneider Electric (France), SAMSON (Germany), Bürkert (Germany) and other major key players. 

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

If You Have Any Query Italy Industrial Valve Market Report, Visit:

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Segmentation of Italy Industrial Valve Market:

By Type

Ball

Globe

Gate

Butterfly

Plug

Check

By Material

Steel

Brass

Bronze

Cast Iron

Plastic

By Size

< 1”

1”–6”

6”–25”

25”–50”

50”

By Application

Oil & Gas

Power

Energy

Chemical

Water & Waste Treatment

 By Function

On/Off

Control

Isolation

Special Purpose

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Italy Industrial Valve Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Italy Industrial Valve Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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[marketreportsyouneed]

Indexable Insert Endmill Market Growth Expected To Accelerate Substantially During The Forecast Period | Analysis Of Clinical Trials, Recent Developments and Competittive Landscape

Indexable Insert Endmill Market Trends From 2023 to 2032

A new report on the Global Indexable Insert Endmill Market has been recently added to Xcellent Insights’ database that focuses on current and emerging trends in the Indexable Insert Endmill industry. The Indexable Insert Endmill market research report offers a comprehensive overview of Indexable Insert Endmill industry and sheds light on important aspects such as market size, share, drivers, restraints, growth opportunities, potential risks, and market challenges. Along with this, the report also provides precise information about market segmentation, regional bifurcation, and top 10 companies.

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The report provides factual inputs and analysis based on primary and secondary research, cross-verified by experts and key opinion leaders in the target market. PEST analysis, Porter’s five forces analysis, SWOT analysis, and opportunity map analysis are some of the advanced statistical tools used to gather data covered in the report.

Report Details

Outcome

Market Size Available for Years

2023-2032

Base Year for Estimation

2022

Historical Data

2018-2021

Quantitative Units

Revenue in USD Million/Billion

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Country Scope

United States, Canada, Germany, France, UK, Italy

Russia, China, Japan, South Korea, Southeast Asia

India, Mexico, Brazil, Saudi Arabia, UAE, Turkey

Segments Covered

Types, Applications, Regions, and more

Key Players

Emuge-Franken YIH TROUN ENTERPRISE Iscar Paul Horn GmbH Ingersoll Cutting Tools Misumi Europa MOLDINO Tool Engineering Europe Tungaloy Corporation POKOLM Frästechnik

Qualitative Info

Value Chain Analysis

Pricing Analysis

Regional Outlook

Market Trends

Market Share Analysis

Competition Analysis

Technological Advancements

Customization Scope

10 Hours of Free Customization and Expert Consultation

COVID-19 Impact on the Industry:

The COVID-19 pandemic has drastically changed the dynamics of the global market. The report provides a detailed overview of the market scenario pre and post-COVID-19 outbreak and the different strategies adopted by market players to sustain their market position.

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Competitive Landscape Analysis:

The global market is extremely competitive, comprising various key players operating at regional and global levels. The report provides detailed information about every activity of the market player including global standing, revenue status, license agreement, investments, revenue share, and product base. In addition, the report offers details about different strategies such as mergers and acquisitions, collaborations, joint ventures, and partnerships used by these players to retain their market position and enhance their product portfolio.

Indexable Insert Endmill Market Top Companies Include:

Emuge-Franken YIH TROUN ENTERPRISE Iscar Paul Horn GmbH Ingersoll Cutting Tools Misumi Europa MOLDINO Tool Engineering Europe Tungaloy Corporation POKOLM Frästechnik

Market Segmentation:

Type Outlook:

Roughing Finishing Semi-finishing

Application Outlook:

Steel Cast Iron Other

Regional Outlook:

Geographically, the Indexable Insert Endmill market is segmented into the North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.

Economic overview of the major geographies and their impact on the overall industry growth are encompassed in the report.

Consumption growth rate and market share of each region are provided over the forecast period.

Information about the growth opportunities for the players with their base in these regions has been specified.

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Objectives of the Report:

Analyze and forecast the market size of global Indexable Insert Endmill market by value and volume

Estimate market size, share, revenue CAGR

Analyze and study micro markets in terms of contributions to Indexable Insert Endmill market, their individual growth trends, and prospects

Precise insights of useful details about factors driving and affecting the growth of Indexable Insert Endmill

Comprehensive overview and profiles of key players including business strategies such as research and development investments, collaborations, partnerships, mergers and acquisitions, product launches, and joint ventures.

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We have also introduced a customization feature that lets you customize the report as per your requirements. Kindly get in touch with us to avail your custom copy or speak with analysts.

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[shristisahu]

2018 Top Steel Producers and Steel Market Overview

Originally Published on: SpendEdge |Top Steel Manufacturers and Steel Market Overview 2018

Steel, a versatile material, plays a pivotal role in various aspects of human life, including construction, engineering, transportation, and appliances. It is indispensable in the construction of buildings, bridges, rails, trucks, and a myriad of everyday items. The primary sectors utilizing steel include energy, construction, packaging, transportation, accessories, and appliances. With a growing focus on infrastructure development, especially in developing economies, the steel market is poised for robust growth in the coming years. Manufacturers are increasingly investing in niche markets to expand their business reach, driven by the steel market's promising growth potential in these regions.

Global Steel Market Overview The global steel market is experiencing growth driven by the increasing adoption of lightweight materials and the availability of pre-engineered steel solutions. Additionally, the use of advanced technologies for metal recycling, replacing conventional casting processes, contributes to the market's expansion. Regions like Europe, Asia-Pacific (APAC), and the US are witnessing rising demand for steel, thanks to favorable trade policies and increasing steel usage. Automation of steel production processes in Europe and North America is enhancing workplace safety and operational efficiency. The demand for steel is notably high in industries such as automotive, construction, energy, and packaging, necessitating sustainable practices to meet this surge in demand.

Top Steel Manufacturers

ArcelorMittal: A global steel giant headquartered in Luxembourg, ArcelorMittal is among the world's largest steel manufacturers. The company prioritizes sustainable and safe steel production and serves major markets, including construction, automotive, packaging, and household appliances.

Baoshan Iron and Steel Co., Ltd. (Baosteel): Based in Shanghai, China, Baosteel is a prominent steel manufacturer listed on the Shanghai Stock Exchange. Established in 1977, the company employs over 50,000 individuals and offers a range of steel products, including stainless steel, carbon steel, and special steel.

POSCO (Pohang Iron and Steel Company): POSCO, headquartered in Pohang, South Korea, operates two integrated steel mills in South Korea and a joint venture with U.S. Steel in California. It is one of the largest steel manufacturers globally, with a broad production capacity and a presence in more than 50 countries.

The steel market's growth, top manufacturers, pricing trends, procurement challenges, drivers affecting costs and volumes, negotiation strategies, and supplier selection criteria are comprehensively covered in SpendEdge's procurement report on the steel market. For tailored market insights, you can connect with our analysts and request a customized report to meet your specific needs.

For inquiries and further information, please feel free to contact us through our official website or get in touch with our customer support representatives.

[esgdatainrate]

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

Hacksaw Blades Market Research, 2031

The hacksaw blades market size was valued at $1,043.9 million in 2021, and is expected to reach $ 1,667.1 million by 2031, registering a CAGR of 4.7% from 2021 to 2031. A hacksaw is a fine-tooth saw with a blade under tension in a frame, used for cutting materials such as metal, wood, and plastic. The hacksaw blades are made of nitrated steel, cast iron, aluminum brass, and stainless steel. The teeth on the hacksaw blades are the key cutting elements. The hacksaw blades are available in 10 TPI, 14 TPI, 18TPI, 24 TPI, and 32 TPI range. These blades are used by professionals for cutting activities in wood & metal industries and by DIY customers. These hacksaw are manually operated as well as electrically operated.

The major driving factor of the global market is rise in utilization of hacksaw blades in the process of sawmill manufacturing. In addition, surge in demand for furniture and increase in usage of hacksaw blades in the sawmill production where it used to cut & shape wood are expected to contribute toward the hacksaw blades market growth.

The hacksaw blades market report is segmented into Consumer type, Threads per inch and Application. On the basis of consumer type, the market is bifurcated into DIY and professionals. Depending on thread per inch, it is segregated into 14 TPI, 24 TPI, and others. The applications covered in the study include manual hacksaw and electric hacksaw. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

On the basis of consumer type, in 2021, the professionals segment dominated the market, in terms of revenue, whereas the DIY segment is expected to witness growth at the highest CAGR during the forecast period. As per thread per inch, in 2021, the others segment led the hacksaw blades market, however, the 14 TPI segment is expected to exhibit highest CAGR in the near future. By application, the manual hacksaw segment led the market in 2021, in terms of revenue; however, the electric hacksaw segment is anticipated to register highest CAGR during the forecast period. Region wise, Asia-Pacific garnered the highest revenue in 2021; however, LAMEA is anticipated to register highest CAGR during the forecast period.

Competition analysis

The major players profiled in the hacksaw blades market overview includes Apex Tool Group LLC, Chronos, Disston Company, Gedore, HABUR-SAWS GmbH, Klein Tools, Inc., Snap-on Incorporated, Stanley Black & Decker, Inc., Starrett, and Thomas Flinn & Co. Major companies in the market have adopted product launch and business expansion as their key developmental strategies to offer better products and services to customers in the hacksaw blades industry.

Full Report With TOC:-https://www.alliedmarketresearch.com/hacksaw-blades-market-A08264

[kritikapatil]

Ball Valve Market Growing Popularity and Emerging Trends in the Industry

Advance Market Analytics released a new market study on Global Ball Valve Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Ball Valve Forecast till 2027*. Ball valve, a device with a spherical closure unit which uses a hollow that perforated and pivoting ball to control flow through it. it's open once the ball's hole is in line with the flow and closed once it's pivoted 90-degrees by the valve handle. Rising demand for high-quality ball valves to mitigate the threat of contamination in essential processes, including water and steam handling in food & beverages and chemicals industries are driving the growth of the ball valve market across the globe.

Key Players included in the Research Coverage of Ball Valve Market are

Emerson Electric Co. (United States)

Flowserve Corporation (United States)

Cameron–Schlumberger Ltd. (United States)

Crane Co. (United States)

IMI Plc. (Finland)

Kitz Corporation (Japan)

Metso (Finland)

Astech Valve Co. Ltd. (Taiwan)

Valvitalia S.p.A (Italy)

Velan Inc. (Canada)

Aalberts Industries N.V. (Netherland)

Christian Bürkert GmbH & Co. KG (Germany)

Neway Valves Co. Ltd (China) What's Trending in Market: Increasing Use of 3d Printers in Manufacturing Line

Adoption of Automation in Valves

Challenges: Minimization of Lead Time

The existence of Manufacturers Providing Low-Priced Valves

Opportunities: Integration of IIoT-Enabled Ball Valves to Avoid Unexpected Downtime

Increase in the Number of Refineries, and Petrochemicals and Chemicals Plants Worldwide

Market Growth Drivers: Need for Ball Valve Replacement

Growth in Energy Consumption in Developing Economies

Increasing Industrialization, Urbanization, and Smart City Initiatives Worldwide

The Global Ball Valve Market segments and Market Data Break Down by Type (Trunnion Mounted Ball Valves, Floating Ball Valve, Rising Stem Ball Valve (RSBV)), Application (Oil & Gas, Energy Power, Chemical Industry, Water Treatment Industry, Paper Making Industry, Others), Material Type (Stainless Steel, Cast Iron, Alloy Based (Nickel Aluminium Bronze), Other (Non-metallic Materials (Plastic))) To comprehend Global Ball Valve market dynamics in the world mainly, the worldwide Ball Valve market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By

AMA Research & Media LLP

[pearlsmith25]

Aluminum Casting Market: Competitive Landscape and Strategic Insights for Industry Players

The aluminum casting market refers to the global industry involved in the production and supply of aluminum castings. Aluminum casting is a manufacturing process that involves the pouring of molten aluminum into a mold to create various shapes and sizes of solid metal components. These castings are widely used in a wide range of industries, including automotive, aerospace, construction, electrical, and consumer goods.

Here is some comprehensive information about the aluminum casting market:

Market Overview:

The aluminum casting market has experienced significant growth over the years, driven by the increasing demand for lightweight and durable components in various industries. Aluminum castings offer several advantages, including excellent corrosion resistance, high strength-to-weight ratio, good thermal conductivity, and high dimensional stability.

Types of Aluminum Castings:

There are several types of aluminum castings, including die casting, sand casting, permanent mold casting, and investment casting. Die casting is the most common method and involves injecting molten aluminum under high pressure into a steel mold. Sand casting utilizes sand molds, while permanent mold casting uses reusable molds made of steel or iron. Investment casting involves creating wax patterns that are coated with ceramic, and the molten aluminum is poured into the ceramic mold.

Market Drivers:

The aluminum casting market is primarily driven by the growth in industries such as automotive and aerospace. The automotive industry, in particular, demands lightweight components to improve fuel efficiency, reduce emissions, and enhance overall performance. Aluminum castings provide an ideal solution due to their lightweight nature and strength. Additionally, the aerospace industry relies on aluminum castings for various critical components due to their high strength and heat resistance.

Market Trends:

a. Increasing Use of Aluminum in Electric Vehicles: The growing demand for electric vehicles (EVs) has led to an increased use of aluminum castings in their production. Aluminum components, such as motor housings, battery enclosures, and structural parts, help reduce the weight of EVs and improve their range.

b. Adoption of Advanced Casting Technologies: The aluminum casting industry is witnessing the adoption of advanced technologies such as computer-aided design (CAD), computer-aided engineering (CAE), and simulation software. These technologies enable manufacturers to optimize casting designs, reduce defects, and enhance overall product quality and efficiency.

c. Sustainable Practices: The aluminum casting market is also focusing on sustainable practices by implementing recycling programs for aluminum scrap. Recycling aluminum not only reduces waste but also helps conserve energy and natural resources, making it an environmentally friendly choice.

Regional Market Analysis:

The aluminum casting market is globally distributed, with key regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is the largest market, driven by rapid industrialization, increasing automotive production, and infrastructure development. North America and Europe also hold significant market shares due to the presence of established automotive and aerospace industries.

Key Players:

The aluminum casting market is highly competitive, with several key players operating on a global scale. Some of the prominent companies in the market include Alcoa Corporation, Nemak, Arconic, Ryobi Limited, UACJ Corporation, Endurance Technologies Ltd, Dynacast International, and Gibbs Die Casting Corp.

Challenges:

The aluminum casting market faces challenges such as fluctuating raw material prices, strict environmental regulations, and competition from alternative materials. Additionally, ensuring consistent quality and reducing casting defects are ongoing concerns for manufacturers.

Future Outlook:

The aluminum casting market is expected to continue growing in the coming years, driven by the demand for lightweight materials, advancements in casting technologies, and the expansion of end-use industries. The increasing focus on sustainability and the adoption of recyclable aluminum will also contribute to market growth.

In conclusion, the aluminum casting market plays a vital role in various industries, offering lightweight, durable, and versatile components. With the increasing demand for aluminum castings, the market is poised for steady growth, fueled by technological advancements, sustainability practices, and evolving industry requirements.

[sagarg889]

Drum Pump Market Outlook, Current and Future Landscape Analysis 2022 to 2032

The global drum pump market is expected to be worth US$ 503.6 million in 2022. Drum Pump sales are expected to grow at a CAGR of 6.2 percent between 2022 and 2032, totaling US$ 921.0 million. Between 2016 and 2021, demand for Drum Pumps increased at a 5.7% value CAGR.

Industrialization is accelerating in both developed and developing countries, driving up demand for oil and lubricants. Oil, lubricants, and other liquids are stored in tanks, drums, and barrels, among other containers.

A drum pump is a portable, lightweight solution for emptying liquids from tanks, drums, and barrels. Drum pumps are ideal for moving lubricating and corrosive liquids such as diesel oil, gasoline, engine oil, vegetable oil, milk, hydraulic oil, acid, alcohol and other lubricating and corrosive liquids.

When filled into a drum or barrel, many industrial fluids become very heavy. When the liquid is outside the drum or barrel, the manufacturer should use a drum pump rather than tipping to retrieve it. Drum pumps are in high demand in a variety of industries, and this demand is expected to rise during the forecast period.

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Because it reduces the possibility of spillage or waste, as well as the possibility of injury or accident to the operator, the drum pump is the best solution for emptying liquid from tanks. The drum pump is the preferred method of removing liquid due to its numerous advantages.

Drum Pump – Market Dynamics

Growth in demand of the drum pump market is expected to raise muscularly for numerous reasons. One of the significant factors contributes towards the growth of the drum pump is growing demand by the various industry including oil, chemical, milk, and lubricant etc. Industries import and export the liquids in the big container rather than the small container for saving the shipping and transportation cost.

For dispensing the liquid from big container industries prefer drum pump, so it drives the drum pump market positively. It allows speedy transfer of liquid without spillage it is another factor which contribute to the growth of the drum pump market. Moreover, drum pump saves considerable time, resources & manpower for dispensing the liquid and allow flow control at outlet through the ball valve, they also participate in the growth of the drum pump market.

The demand of the drum pump market is expected to witness an above average growth due to increase in the demand for drum pump by various industry.

Drum Pump – Market Segmentation

Globally, the drum pump market can be segmented on the basis of product type, by material and by application. On the basis of product type drum pump market is segmented into Electric driven, Hydraulic, Rotary / Manual pump, Pneumatic, and others. On the basis of material type drum pump market is segmented into plastic and metal. The plastic segment is sub-segmented into Chlorinated Polyvinyl Chloride (CPC), Polypropylene (PP), Polyvinylidene Fluoride (PVDF) and others.

The metal segment is sub-segmented into Stainless steel, cast iron, aluminium, and others. On the basis of application type drum pump market is segmented into Petroleum industry, Chemical plants, Food processing plants, Manufacturing plants, Automotive industry, wastewater treatment, laboratories etc.

Drum Pump Market – Regional Outlook

The drum pump market can be segmented into North America, Latin America, Europe, Middle East, Africa and Asia Pacific. North America is anticipated to be the largest market for the drum pump market, primarily driven by manufacturer preference towards drum pump which acts as cost-effective and efficient dispenser tools for variety of liquid. Latin America also has a good presence in the drum pump market.

Furthermore, Eastern Europe followed by the Middle East is anticipated to be the second largest marketfor the drum pump. The recent development in the drum pump market has shifted its production base to the east, especially in Asia, the emerging players from China, India and Middle East have started taking the market share in the drum pump industry.

Drum Pump Market – Key Players

Few of the major players identified across the globe in the drum pump market are Fluidyne Instruments Pvt. Ltd., FLUX, Kecol Pumping Systems Ltd,Iwaki Pumps Australia Pty Ltd, JESSBERGER GnbH, Finish Thompson Inc., Lutz Pumps, Inc, NZ Pump Company Inc, Graco etc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

Market Segments

Market Dynamics

Market Size

Current Trends/Issues/Challenges

Competition & Companies involved

Value Chain

Read Full Report @ https://www.futuremarketinsights.com/reports/drum-pump-market

Key Segments Covered in the Drum Pump Industry Analysis

Drum Pump Market by Product Type:

Electric Driven Drum Pumps

Hydraulic Drum Pumps

Rotary / Manual Drum Pumps

Pneumatic Drum Pumps

Other Drum Pump Types

Drum Pump Market by Material Type:

Plastic Drum Pumps

Chlorinated Polyvinyl Chloride (CPC)

Polypropylene (PP)

Polyvinylidene Fluoride (PVDF)

Others

Metal Drum Pumps

Stainless Steel

Cast Iron

Aluminium

Others

Drum Pump Market by Application:

Drum Pumps for the Petroleum Industry

Drum Pumps for Chemical Plants

Drum Pumps for Food Processing Plants

Drum Pumps for Manufacturing Plants

Drum Pumps for Automotive Industry

Drum Pumps for Wastewater Treatment

Drum Pumps for Laboratories

Drum Pump Market by Region:

North America Drum Pump Market

Latin America Drum Pump Market

Europe Drum Pump Market

Asia Pacific Drum Pump Market

The Middle East & Africa Drum Pump Market

[factmrblog]

The global ductile iron pipe market is estimated to hold a valuation of US$ 7.9 billion in 2022 and is projected to grow at a CAGR of 5.7% to reach a valuation of US$ 13.8 billion by 2032

Increasing water demand across the globe is, in turn, creating an opportunity for a wide adoption base for the ductile iron pipe market. Aided by the rise in water projects across the globe the supply of fresh water in dry regions has been the foremost reason for the demand. Moreover, the scarcity of groundwater has helped the market grow in an extensive manner.

Download Sample Copy of This Report:

The readability score of the Ductile iron pipe market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Ductile iron pipe market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Ductile iron pipe market along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Ductile iron pipe market also provides dynamics that are responsible for influencing the future Sales and Demand of over the forecast period.

What differences can the Ductile iron pipe market report make on the revenue impacts and strategies of businesses?

Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the Ductile iron pipe market and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:

Attractiveness quotient of emerging product/technology types in various products in the Ductile iron pipe market.

Micro-economics factors that may hamper the prospects of some of the key segments

Recent spate of research and development (R&D) funding on key Ductile iron pipe market

New business models paving way for disruptions in demand dynamic of key segments

Regional markets that will be future engine of growth and the industry trends that will support these markets

Challenges overcoming which may offer industry players competitive edge

Key Market Players

Saint Gobain PAM

Jindal SAW Ltd.

Kubota Corporation

Tata Metaliks

Saudi Arabian AMINTIT

U.S. Pipe

McWane Inc.

Construtec Ductile

American Cast Iron Pipe Company

Duktus (Wetzlar) GmbH & Co. KG

Electrosteel Steels Ltd.

Rashmi Metaliks

Segmentation of the Ductile Iron Pipe Market

·         By Diameter:

DN 80 – DN 300

DN 350 – DN 600

DN 700 – DN 1000

DN 1200 – DN 2000

DN 2000 & Above

·         By Application:

Potable Water Distribution

Sewage & Wastewater

Irrigation

Mining

Centrifugal DI Pipes

Others

·         By External Protection:

Zn/Zn-Al + Bitumen/Epoxy

PE

PU

Ceramic Epoxy

Electrosteel

·         By Sales Channel:

Direct Sales

Indirect Sales

·         By Region:

North America

Latin America

Europe

East Asia

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Questionnaire answered in the Market outlook Report of Ductile iron pipe market include:

What is the key strategy deployed by large players to maximize Ductile iron pipe market growth?

What are the main challenges faced by players in the Ductile iron pipe market Demand?

With the advent of technological advancement, how will the Ductile iron pipe market landscape change over the forecast period?

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The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions

The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period

The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets

Provides scrutiny of the industry trends that have shaped recent government policies

Provides an account of major breakthroughs in all segments that might change the course of the market considerably

Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Automated External Defibrillators Market

Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future

Evaluates the role of various stages of funding on new growth avenues in key regional markets

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Major project

- Designers/movements 

I want to make sure I'm looking at as much relevant visual information along with written sources and more, so for this I knew I had to look into more modern designers who use the topic of industrialisation as inspiration. I understand this would most likely mean looking at newer industrialisation however I still think it is very relevant to the subject, of exploring/visualising man made to machine made. However during my research I found relevant information that was closer to the time and how this industrialisation helped new art forms and medians be explored.

- Graphic Design

‘As this supply-and-demand cycle became the force behind the relentless development, graphic design played an important role in marketing factory output. It was a time of optimism and wealth, but not without it’s social costs. Long 13-hour days, unsanitary and filthy living conditions, women and children among the workforce, overproduction, economic depressions, and the loss of jobs due to new improvements in technology took their toll.’

‘Mass production of goods brought with it an overpowering need for mass communication.’ 

- Typographers

Robert Thorne, Vincent Figgins, Henry Caslon, among others, began experimenting with bold, heavily slabbed-serifed fonts called antiques or Egyptians. These typefaces generally had an even stroke weight, heavy, rectangular slab serifs, and short ascenders and descenders. 

Robert Thorne’s Type

Henry Caslon’s Type

- Printing

Hatch Show Print, a print shop that uses wooden letter press to create typography posters, located in Nashville, Tennessee, was founded in 1879 and still produces wood type and letterpress posters for a broad range of uses.

Hatch Show Print’s Work

- Automatic Type Press

Ottmar Merganthaler

‘Ottmar Merganthaler invented and obtained the first patented Linotype machine that created type automatically. The linotype machine could do the work of seven or eight compositors at the same time.’

- Periodicals and Illustrated Weeklies

The linotype led to a surge in the production of periodicals and illustrated weeklies, including the Saturday Evening Post. 

Saturday Evening Post Covers

- Victorian Era 

‘During the reign of Queen Victoria it was a time of strong moral and religious beliefs, proper social conventions, and optimism.’ ‘The Victorian love of ornate and extravagant embellishments was noted in architecture, manufactured products, and elaborate borders, text, and imagery in graphic design.’

‘Victorian graphics utilised a printing technique called chromolithography that unleashed a flood of colourful printed images.’

Victorian Era Products

Victorian chromolithography

- Art Nouveau

‘What Defines Art Nouveau? Art Nouveau was a compelling and energetic style in the visual arts which spanned from around the early 1890s to the First World War. Art Nouveau artists, inspired by plant forms and nature, took organic subjects and flattened and abstracted them into sophisticated, sinuous and flowing motifs.’

‘Art Nouveau emerged as a reaction to major world events including the Industrial Revolution which began in the eighteenth century. The Industrial Revolution was the transformation from a handicraft economy to one dominated by machine manufacturing through the rise of technology.’

‘These five elements can also be seen in the Art Nouveau movement. The industrial revolution allowed for faster and cheaper production of materials making new building materials such as glass, reinforced concrete, cast iron and steel, readily available. Art Nouveau artists embraced industrial production and the accessibility of materials to create their work.’

‘Art Nouveau was ubiquitous in Europe’s train stations, tea rooms and department stores: it belonged equally to the public and private realms. Art Nouveau flourished during a period of rapid social and technological change in Europe as industrialisation, mass production and urbanisation accelerated.’

Examples of Art Nouveau

- Art Deco

This movement also then inspired other artists and designers to express themselves further which played a part in creating Art Deco. Though this is movement has happened after the industrial boom it is a by-product of its new found opinion on mass production and accessibility to a range of once hard to come by or expensive materials.

‘In the increasingly conservative political climate, critics saw Art Nouveau as ‘decadent’ and over-elaborate. It failed to meet the demand for a modern national style.”In a time of booming industrialisation and post-war nationalism, veterans of French Art Nouveau like Maurice Dufrene and Paul Follot recognised the need to modernise tradition’

‘finding the new factory style of mass production highly effective in making its everyday objects d’ art widely available and affordable. In contrast to the whimsically flowing, heavily-ornamented style of Art Nouveau, Art Deco found relief from the curvaceous pastel “excessive decadence”’ 

- Art Deco Artists/Designers

Jean Dunand

Jean Dunand, ‘Despite beginning his artistic career as a sculptor who produced decorative objects, Dunand is most remembered for his lacquered works which included panels, interiors, and furniture pieces. Dunand applied lacquer to a variety of objects and even decorated the works of other famous Art Deco artists like Émile-Jacques Ruhlmann.’

Jean Dunand’s Work

Georges Lepape

Georges Lepape, Remembered as one of the most famous fashion magazine illustrators in history, Lepape’s works were seen as crucial Art Deco pieces as they were able to seamlessly blend fashion and artistic expression. As his portraits were characterized by bold colors, smooth lines, and graphic stylization, Lepape injected an air of elegance that gave his works an appealing aesthetic.

Georges Lepape Art,

- Sources

https://99designs.co.uk/blog/design-history-movements/art-nouveau-design/

https://www.europeana.eu/en/exhibitions/art-nouveau-a-universal-style/origins-of-art-nouveau

https://www.oreilly.com/library/view/understanding-industrial-design/9781491920381/ch01.html

https://vietnamnews.vn/life-style/419279/young-designers-showcase-collections-inspired-by-industrial-revolution-4-0.html

https://essayfrolic.wordpress.com/2017/05/30/art-deco-an-artistic-response-to-industrialization/

https://medium.com/@brandywilletts/how-the-industrial-revolution-impacted-graphic-design-6140fad2cca

https://artincontext.org/famous-art-deco-artists/

http://luc.devroye.org/fonts-54976.html

https://www.hatchshowprint.com/haley-gallery/restrikes

https://blog.drupa.com/en/pioneers-printing-ottmar-mergenthaler-2/

https://www.rit.edu/press/history-linotype-company-softcover

https://guides.loc.gov/american-women-prints-photographs/graphic-journalism-illustration/weeklies

https://ncna.dh.chass.ncsu.edu/imageanalytics/history.php

https://www.saturdayeveningpost.com/history-saturday-evening-post/

https://brewminate.com/mid-victorians-and-their-food/

https://visualartsdepartment.wordpress.com/the-victorian-era/

[tmr-blogs2]

Foundry Chemicals Market to Reach US$ 3.2 Bn by 2031

The value of global foundry chemicals market stood at US$ 2.5 Bn in 2021. The global market is anticipated to expand at a CAGR of 2.6% during the forecast period, from 2022 to 2031.The global foundry chemicals market is likely to touch the mark of US$ 3.2 Bn by 2031. Companies in the global foundry chemicals market are embracing latest printing technologies that can speed up the development of sand prototypes, and 3D metal.

It is also utilized in various crucial parts that are often required in several industries such as petrochemical, construction, aerospace, and automotive.  Market players are are concentrating on expanding the range of products they offer for foundry chemical coatings, foundry chemical additive agents, and foundry chemical binders. Such diverse product offerings are expected to drive positive future of foundry chemicals market.

The innovations of Industry 4.0 are expected to benefit foundries that can make use of data to guide their procedures. High demand for foundry chemicals binders in the casting of bronze, cast iron, aluminum, and steel is anti9cipated to fuel market demand for foundry chemicals.

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Market Segmentation

By Service Type: Additives, Binders, Coatings, Fluxes, Others

By Sourcing Type: In-house Manufacturing, Outsourced Suppliers

By Application: Iron Casting, Steel Casting, Aluminum Casting, Others

By Industry Vertical: Automotive, Aerospace & Defense, Construction, Machinery, Others

By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Regional Analysis

North America: Mature market with a focus on technological advancements and sustainable practices in foundry operations.

Europe: Strong automotive and aerospace industries driving demand for high-performance foundry chemicals.

Asia Pacific: Rapid industrialization in countries like China and India boosting foundry chemical consumption.

Latin America: Increasing investments in infrastructure projects driving demand for construction-related castings.

Middle East & Africa: Growth in oil and gas, construction, and automotive sectors contributing to market expansion.

Market Drivers and Challenges

Drivers:

Increasing demand for lightweight materials in automotive and aerospace industries.

Technological advancements in metal casting processes requiring specialized chemicals.

Growing construction and infrastructure projects globally.

Stringent quality and environmental regulations favoring advanced foundry chemicals.

Challenges:

Volatility in raw material prices impacting production costs.

Competition from alternative casting methods such as 3D printing in certain applications.

Environmental concerns related to chemical usage and waste management.

Market Trends

Shift towards Environmentally Friendly Chemicals: Bio-based binders, recyclable coatings, and low-emission additives gaining traction.

Digitalization and Automation: Integration of IoT sensors, data analytics, and robotics for optimized casting processes.

Customized Solutions: Tailored chemical formulations for specific metal alloys and casting methods.

Future Outlook

The Foundry Chemicals market is poised for continued growth, driven by ongoing industrialization, technological advancements, and demand for high-quality metal components across diverse industries. Innovation in sustainable materials and digitalization of foundry processes will shape the market's future landscape.

Key Market Study Points

Market Dynamics: Demand drivers, challenges, and opportunities influencing the Foundry Chemicals market.

Competitive Landscape: Key players, market strategies, product portfolios, and mergers/acquisitions.

Technological Innovations: Advanced formulations, digital tools for process optimization, and waste reduction solutions.

Regulatory Environment: Impact of environmental regulations on chemical usage and waste management practices.

Customer Preferences: Key factors influencing chemical selection, quality standards, and supplier relationships.

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Competitive Landscape and Recent Developments

Leading companies in the Foundry Chemicals market include Ashland Global Holdings, HA-International, Vesuvius PLC, Imerys Group, and Elkem ASA. Recent developments such as product launches, partnerships for technology collaborations, and investments in sustainable practices highlight the dynamic nature of the market as companies strive to meet evolving customer demands and regulatory requirements.

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