Manufacturing & Construction

Rail Mounted Gantry Crane Market to Showcase Vigorous Demand during the Period until 2025: Analysis and Future Prospect

8 July 2019: Global Rail Mounted Gantry (RMG) Crane Market is anticipated to reach USD 399.7 million by 2025. Rail Mounted Gantry (RMG) Crane are completely electrified cranes. Data transmission and key power supply are achieved by dynamic motor driven cable reels. RMG cranes are characteristically higher and wider then RTG cranes.

Rail Mounted Gantry (RMG) Crane

The factors that propel the growth of the Rail Mounted Gantry Crane industry include addition of smart features in RMG cranes has facilitated in realizing lesser operative hazards and advanced effectiveness. RMG Crane Market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Request Free Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/rail-mounted-gantry-rmg-crane-market/request-sample

Rail Mounted Gantry (RMG) Crane industry may be explored by lift capacity scope, product type and geography. The market may be explored by lift capacity scope as40.1 & above ton, and 0 – 40 tons. The “0 – 40 tons” segment led the Rail Mounted Gantry Crane Market in 2016 and is anticipated to maintain its dominance by 2025 owing to surge in the demand for RMG cranes with an advanced lift capacity.

The RMG Crane industry could be explored based on product type as Automatic, and Manual. The “Manual” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to high acceptance of manual RMG cranes over automatic RMG cranes as numerous ports in an emerging nation have old ports that use manual ports will boost the market growth in the years to come.

Europe accounted for the major share of the Rail Mounted Gantry (RMG) Crane Market Size in 2017 and will continue to lead in the forthcoming period. On the other hand, Asia Pacific is assumed to develop as the fastest rising county with a CAGR of 4.3% from 2017 to 2025 due to rapidly rising countries and the concentration of key market players.

Some of the key players that fuel the growth of the Rail Mounted Gantry (RMG) Crane industry comprise Doosan Heavy Industries Vietnam Co., Konecranes Plc, Anupam Industries Limited, SANY GROUP, Terex Corporation, MAC PORT – Macchine Operatrici Portuali S.r.l., Mi-Jack Products, Liebherr Group, Shanghai Zhenhua Heavy Industries Co., Ltd., and TNT Crane &Rigging. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Browse Full Research Report with TOC@
https://www.millioninsights.com/industry-reports/rail-mounted-gantry-rmg-crane-market

Market Segment:

RMG Crane Lift Capacity Scope (Revenue, USD Million; 2014 – 2025)
• 0 – 40 tons
• 40.1 & above tons

RMG Crane Regional Outlook (Revenue, USD Million; 2014 – 2025)
• North America
• U.S.
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Latin America
• Mexico
• Middle East & Africa (MEA)

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/heavy-machinery

 

Manufacturing & Construction

Lawn Mowers Market Top Players 2019: MTD Products Inc, Deere & Company, Robert Bosch GmbH by 2025

18 June 2019: The global Lawn Mowers Market was valued at USD 25.09 billion in 2016 and is expected to continue growing at a 4.6% CAGR in the forecast period. A lawn mower operates on electricity as well as fuel energy leaving a high cost for maintenance. Features such as strength, durability, and being lightweight enable the brighter side of lawn mowers for better performance.

Lawn Mowers

Lawn mowers industry is driven by factors like rise in preference for gardening in urban areas and technological advances. Rise in aftermarket sales and service is likely to trigger the lawn mower market growth owing to yard and garden maintenance. In addition, growth in disposable income and consumers demand for grass turfs are likely to propel the market growth during the forecast period.

Request Free Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/lawn-mowers-market/request-sample

Product segmentation for lawn mowers industry includes petrol, manual, robotic, and electric. Robotic lawn mowers are gaining tremendous prominence in the market growth due to preferred use and environmental use. End-use segmentation for lawn mowers includes residential buildings, commercial sport complexes, and educational institutions. Commercial sport complexes are expected to gain a significant momentum due to rise of investment in sports and related activities.

Geographic segmentation for lawn mowers market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific’s market accounts for a higher share in lawn mowers industry owing to rise in disposable income, availability of large population and enormous demand for robotic lawn mowers.

North America accounted for a major share in 2016 owing to rise in consumer demand and preference for backyard gardening. Consumer lifestyle and home decoration techniques coupled with interior and exterior home decoration are gaining traction in this region. Europe is anticipated to follow the trend. The key players in the lawn mowers market include MTD Products Inc, Deere & Company, Robert Bosch GmbH, Global Garden Products Italy S.p.A.

Browse Full Research Report with TOC@
https://www.millioninsights.com/industry-reports/lawn-mowers-market

 

Machinary, Manufacturing & Construction

Chlorine Compressors Market Key Players, Growth Opportunities and Capacity by Shares Forecast 2019-2025

25 April 2019: Global Chlorine Compressors Market is expected to reach USD 83.7 million by 2025. Chlorine is a chemically active nonmetal, an element that is comprised in a group of toxic gases, with sharp odor and yellow-green color, and is heavier than air. The chemical activity enables creating compounds with a large number of the periodic system elements. Chlorine compressors play important role in transfer and recovery of chlorine. The Chlorine Compressors Market is estimated to grow at a significant CAGR over the future period as the scope and its applications are rising enormously across the globe.

Chlorine Compressors

However, chemical leasing is estimated to restrain overall market in the coming years. Chlorine Compressor Market is segmented based on product types, applications, and region. Centrifugal compressors and liquid ring compressors with horizontally split casing are the product types that could be explored in Chlorine Compressors in the forecast period. Liquid ring compressor accounted for the largest market share of Chlorine Compressors in terms of revenue and is estimated to lead the overall market in the coming years. This may be because; these compressors can handle chlorine in liquid state.

Request Free Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/chlorine-compressors-market/request-sample

The market may be categorized based on applications like chemical industry, oil refining & petroleum chemistry, and others that could be explored in foremost period. Globally, North America accounted for the largest market share of Chlorine Compressors and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be availability of ethylene and low electricity prices and financial retrieval. The United States is a major consumer of Chlorine Compressor in the region, as occurrence of developed Chlor Alkali market.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. The Asia Pacific is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise presence of an established chlorine production organization united with the projected volume count to supply to PVC industry. The developing countries like India, Japan, and China are the major consumers of Chlorine Compressors in the region.

Browse Full Research Report with TOC@
https://www.millioninsights.com/industry-reports/chlorine-compressors-market

The key players of Chlorine Compressors Market are Mikuni Kikai Kogyo Co., Ltd. and Gardner Denver Nash LLC. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

Market Segment:

Product Outlook (Volume, Units; Revenue, USD Million; 2014 – 2025)
• Liquid Ring Compressors
• Centrifugal Compressors

Regional Outlook (Volume, Units; Revenue, USD Million; 2014 – 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Middle East & Africa
• Central & South America

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/machinery-and-machine-parts

 

Machinary, Manufacturing & Construction

Positive Displacement Pumps Market Key Players: Verder Group, Weir Group, Baker Hughes Incorporated, Del PD Pumps & Gears Ltd. by 2025

Global Positive Displacement (PD) Pumps Market is anticipated to reach USD 4.2 billion by 2025. The pumps that displace various fluids at a constant volume and rate are known as positive displacement (PD) pumps. This industrial pump is extensively employed to transfer fluid from the inlet pressure division into the discharge pipe/tube. The key features of positive displacement (PD) pumps are exceptional performance, resistant to high pressure, and ability to deal with fluids of high viscosities.

Positive Displacement (PD) Pumps

The positive displacement market faces a constant competition from the centrifugal pumps market. PD pumps function by entrapping a fixed amount of fluid in it and then by dispersing them into the outlet. These pumps are majorly used because of their ability to exhibit high performance in dealing with fluids with high viscosities and their ability to handle pressure changes. The positive displacement (PD) pumps industry is anticipated to grow at a significant CAGR of 4.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Request Free Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/positive-displacement-pd-pumps-market/request-sample

Positive displacement (PD) pumps market may be explored by type, application, end user, and geography. The market may be explored by product as Rotary, Reciprocating, and Others. The “PD reciprocating pump” segment of positive displacement (PD) pumps was dominant in 2016. This is due the ability of this product to work efficiently under various circumstances comprising high-pressure operations, differential flow pressure operations, and high viscosity operations. Positive displacement (PD) pumps industry may be explored by application as Chemical, Oil and Gas, Water Treatment, Food and Beverages, Pharmaceutical, and Others.

Positive displacement (PD) pumps market may be explored by end user as Food and Beverage industry, Automotive, Aerospace, Small Transformer, Pulp and paper industry, Chemical industry, Pharmaceutical industry, Waste Water purification industry, Power generation, Oil and Gas, Mining, Agriculture. The “Oil and Gas” segment dominated the positive displacement (PD) pumps industry in 2016 and is anticipated to maintain its dominance by 2025 due to growing schemes in the field of oil and gas in developing countries. “Oil and Gas” segment is followed by “Agriculture” segment that is anticipated to grow faster due to high use of water pumps.

Browse Full Research Report with TOC@
https://www.millioninsights.com/industry-reports/positive-displacement-pd-pumps-market

Asia-Pacific accounted for the major share of the positive displacement (PD) pumps market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high demand for positive displacement (PD) pumps across the region, and high demand from industries like power, wastewater, mining, and chemical. The emerging countries like India, Japan, and China are the major consumers of positive displacement (PD) pumps in this region.

Some of the key players that fuel the growth of the positive displacement (PD) pumps industry comprise Ebara Corporation, Verder Group, Weir Group, Baker Hughes Incorporated, Del PD Pumps & Gears Ltd., Schlumberger Ltd, Coalfax Corporation, HERMETIC-Pumpen GmbH, Pentair LLC, and IDEX Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

PD Pumps Product Outlook (Revenue, USD Million, 2014 – 2025)
• Reciprocating
• Rotary
• Others

PD Pumps Application Outlook (Revenue, USD Million, 2014 – 2025)
• Oil and Gas
• Water Treatment
• Chemical
• Pharmaceutica
• Food and Beverages
• Others

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/heavy-machinery

 

Manufacturing & Construction

Precast Concrete Market Key Players: Boral Limited, CEMEX S.A.B. de C.V., and LafargeHolcim Forecast 2025

18 April 2019: The scope of the global Precast Concrete Market was appreciated by US$ 78.44 billion in the year 2016. Development in metropolitan inhabitants is a most important mega trend. It is converting the construction business in maximum nations. Additionally, demand for reasonably priced accommodation is growing, together with increasing demand for transportation and service substructure. This, sequentially, is expected to boost the market above the approaching years. The precast concrete market is estimated to develop by the CAGR of 6.1% for the period of prediction.

Precast Concrete

The precast concrete market on the source of Type of End Use could span Infrastructure, Housing, Non-Housing. Housing is the biggest end-use subdivision in the market. Growing people of intermediate class, everywhere the world is producing substantial demand for reasonably priced accommodation. Government resourcefulness to back housing for the poor and for intermediate class residents are likely to additionally shoot the market. The subdivision of Non-Housing is likely to record the speedy development percentage owing to growing usage of precast concrete in creation of non-housing set of buildings, hospitals, universities, offices spaces, hotels, education institutes and malls.

Request Free Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/precast-concrete-market/request-sample

The precast concrete industry on the source of Type of Product could span Water & Waste Handling Products, Architectural Building Components, Transportation Products, Structural Building Components, and Others. The subdivision of Structural Building Components is likely to form the speedily developing type of product in the market of precast concrete due to wide-ranging usage in housing and non-housing constructions. The subdivision of Transportation is too some of the most important sector, due to a number of projects started by governments everywhere the world. OBOR and CPEC are approximately of the developments started by the Chinese government to expand the nation’s logistical abilities.

Precast Concrete Product Type Outlook (Revenue, USD Billion, 2014 – 2025)
• Structural Building Components
• Architectural Building Components
• Transportation Products
• Water & Waste Handling Products
• Others

In the Water & Waste Handling products, the precast concrete has been utilized for many years. Water handling products are utilized to transport water from dams to metropolises and waste handling products are utilized to transferal of sewage from metropolises to sewage handling units. Enlargement of metropolises and construction of new-fangled smart cities are anticipated to activate the demand for these categories of products.

The precast concrete market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage of precast concrete could span North America [U.S.], Central & South America [Brazil], Europe [France, Germany, U.K., Italy], Asia Pacific [India, Japan, China, South Korea], and Middle East &Africa [Saudi Arabia].

Browse Full Research Report with TOC@
https://www.millioninsights.com/industry-reports/precast-concrete-market

By the source of geography, the Asia Pacific is expected to be a most important provincial market above the following a small number of years. Speedily increasing inhabitants in the area has headed to substantial demand for reasonably priced accommodation. Growing per head earnings in emerging nations, particularly in India and China, is also estimated to activate a growth in housing and non-housing structure.

The renewal of the housing subdivision in industrialized states for example Germany, U.S. and U.K. is likely to motivate the market in these areas. Middle East and Africa [MEA] is one of the speedily developing provincial markets due to its enormous construction subdivision. A number of megaprojects in the province, for example the jumbo city named NEOM in Saudi Arabia and huge football stadiums in Qatar for FIFA World Cup 2022, are expected to upsurge demand for precast concrete in the area. Likewise, erection of multistory building and non-natural desert island in Dubai is projected to motivate the provincial market above the period of prediction.

The statement revises Trades in terms of intake of precast concrete in the market; particularly in North America, Europe, Asia Pacific, Central & South America, Middle East & Africa. It concentrates on the topmost companies operating in these regions. The market is extremely modest in nature such as it comprises together international and native companies. Some of the important companies operating in the precast concrete on the international basis are Boral Limited, CEMEX S.A.B. de C.V., and LafargeHolcim.

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/manufacturing-and-construction

 

Machinary, Manufacturing & Construction

Subsea Umbilical Risers and Flowline Market Expected to Witness Substantial CAGR Over the Forecast Period Till 2025

17 January 2019: The Subsea Umbilical Risers and Flowline Market is expected to witness substantial growth over the forecast. In the last few years, offshore oil exploration extraction activity has been on an increase. Innovative platforms are being constantly installed in different areas of world and operate in deeper waters. Safe and efficient interconnection from top platform & vessels to the well heads and pumps on the seafloor is crucial to conduct transmission of power and data to ensure hydraulic and other fluids to conduct seamless oil extraction operations. Subsea Umbilical Risers and Flowlines form a vital link in various operations as they offer efficiency, seamless transmission and more over are cost-efficient. On the basis of type, the global subsea umbilical risers and flowline market is segmented into umbilicals, risers, and flowlines.

subsea umbilical risers and flowline

Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/subsea-umbilical-risers-and-flowline-market/request-sample

Umbilicals provide a full range of solutions with innovative designs, materials and state-of-the-art processes to address all requirements of sea operations. Overall, umbilicals are designed to match static and dynamic applications in water and comprise any possible combination of hydraulic lines, low-voltage electrical cables, medium-power voltage transmission and optical signal elements.  With the growth in commercial marine trade and operations, the demand for efficient subsea umbilical risers and flowlines have increased. Thus, the global market is anticipated to grow at a higher CAGR during the forecast period.

The key driving factors responsible for the growth of global subsea umbilical risers and flowline market include growth in offshore field development owing to technological developments allowing safe operations and efficient interconnections between top platforms and vessels to wellheads mounted on seabed. Additionally, recovery in crude oil costs to enhance offshore exploration and production activities is expected to boost the market growth. Moreover, technological innovations in line with oil field service companies providing reasonable discounts are anticipated to boost the market growth. On the basis of application, the global subsea umbilical risers and flowline market is segmented into shallow water oil & gas fields, deepwater oil & gas fields, Ultrawater deepwater oil & gas fields.

Browse Full Research Report @
https://www.millioninsights.com/industry-reports/subsea-umbilical-risers-and-flowline-market

On the basis of geographic segmentation, the global subsea umbilical risers and flowline market spans North America, Latin America, Europe, Middle-East, Asia-Pacific and Africa. Middle-East regions are anticipated to grow during the significant period owing to presence of oil-fields and oil-wells in the region. North America is anticipated to grow during the forecast period in terms of value and safety. APAC regions such as China, India and Japan are estimated to witness a higher CAGR growth during the forecast period.

The key players in the global subsea umbilical risers and flowline market include ABB Ltd, Airborne Oil & Gas B.V., CAMERON INTERNATIONAL CORPORATION, Aker Solutions ASA, Dril-Quip Inc, EMAS Offshore Limited, General Electric Company, Konsberg Gruppen, McDermott Internation Inc, National Oilwell Varco Inc, Nexans SA, Prysmian S.p.A, Saipem SpA, Oceaneeing International Inc, Siemens AG, Subsea 7 SA, Technip, and Vallourec.

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/machinery-and-machine-parts

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Details:

Million Insights

Ryan Manuel

Office No. 302, 3rd Floor, Manikchand Galleria,

Model Colony, Shivaji Nagar, Pune, Maharashtra, 411016 India

Phone: 91-20-65300184

Email: sales@millioninsights.com

Visit Our Blog: www.millioninsights.blogspot.com

 

Manufacturing & Construction

Air Compressor Market Size, Scope and Key Players(Chicago Pneumatic, Wuxi compressor, Siemens, Fusheng, Hitachi, Kaishan) by 2022

03 January 2019: The Global Air Compressor Market Size is expected to reach $37 billion by 2022 owing to the growing awareness on energy saving and increasing industrialization. These devices supply gas for various industrial and non-industrial activities and are used for transporting and compressing of gas in the oil & gas industry. They are widely used in various other end-use industries such as automobile, chemical plants, transport, pharmaceuticals and oil extraction.

Air Compressor

Development of energy-efficient air compressors are preferred by numerous industries, air contamination due to oil lubrication and noisy operations of oil-free compressors are limiting the adoption of these devices. Innovation in technology is leading to the higher adoption of air compressors especially in emerging economies.

Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/air-compressor-market/request-sample

Air compressor market is segmented on the basis of product design, mobility and lubrication method. On the basis of design of the product it is classified as centrifugal, rotary and reciprocating. Centrifugal air compressor is anticipated to have a significant growth owing to demand in industries such as power generation, automobile and others. Factors driving the centrifugal compressor growth include delivering optimal and constant flow of air pressure.

The mobility segment includes stationary and portable air compressor. Portable air compressor segment is expected to increase during the forecast period owing to increasing end-user demand for enhanced air quality and reliability. On the basis of lubrication, it is classified as oil lubricated and oil free air compressor. Oil free compressors are expected to receive demand from industries such as metal and mining, electronic assembling, infrastructure, pharmaceuticals and food & beverage.

Portable air compressor and generators are a reliable power source for machines and tools mainly used in construction and mining activities as well as for various industrial applications due to their handiness in transporting the equipment. Ease in handling and low maintenance of these devices has driven adoption in low-duty applications.

Asia Pacific is expected to witness substantial growth over the forecast period on accounts of strong rail network in India and China. Latin America and MEA are expected to witness prominent growth owing to growing awareness towards eco-friendly products and changing regulatory scenario. Growing food and beverage industry in the U.S. is expected to increase the consumption. Escalating demand for diesel, gasoline and other fuels has led to the development of petrochemical and oil refineries plants in Brazil.

Key factors driving industry growth include reciprocating systems with dual cylinders and oil-free scroll offering, low-cost operations, rising adoption of variable speed air compressor controllers and low maintenance cost of compressors. Significant demand from the oil and gas industry is another factor driving industry growth. It is expected that application of air compressor across various industrial sector to increase during the forecasted period. Increasing demand of noise and pollution free, energy-efficient-power sources is also anticipated to drive industry growth.

Browse Full Research Report @
https://www.millioninsights.com/industry-reports/air-compressor-market

Superior air quality along with high reliability offered is also expected to propel the industry growth over the coming years. Moreover, industry leaders are taking initiatives to increase the overall performance of these devices, which is further expected to escalate the demand. Several manufacturers are trying to design and develop next-generation devices consisting of a variable speed drive. This will help in reducing energy consumption as compared to fixed speed air compressors.

Flexibility towards the end-user requirements and enhanced service offerings may challenge the industry growth. Escalating prices of raw material, noise pollution and bulky size may also hinder demand.

Many manufacturers have focused on developing application specific devices to accommodate the demand of the consumer. Product launches, expansions and acquisitions are the major growth strategies adopted by various companies such as Mitsubishi Heavy Industries, Kirloskar, Ebara, ELGI and others. Kobe Steel announced its expansion in South American air compressor market to hit this profitable opportunity.

In 2013, Atlas Copco re-launched their SF series of oil free compressors, which have increased adoption among the end users and OEMs. In 2015, Ingersoll Rand acquired Cameron’s centrifugal compression division to widen its air compressor service portfolio and strengthen its position in the market. Leading players in the market are expanding their geographical presence with the focus on the Asia Pacific region. They are investing heavily in order to innovate and improve the existing technology with an aim to expand their customer base. Other players such as EBARA and ELGI also started to provide products at low prices, thus intensifying competition.

Owing to low production cost in Asian countries, manufacturers are investing in economies such as India and China. Increasing demand in emerging economies are proving new growth opportunities to introduce new products in the market.

Other prominent vendors in this market include Chicago Pneumatic, Wuxi compressor, Siemens, Fusheng, Hitachi, General Electronics, Kaishan, Gardner Denver, Shanghai Feihe industrial group, Dresser rand, Yujin and Bauer Group.

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/hvac

 

Manufacturing & Construction

Construction Chemicals Market Dynamics, Outlook and Competitive Landscape Forecast by 2024

Industry Insights

The global Construction Chemicals Market is anticipated to reach USD 67.61 billion by 2024, expanding at a 6.3% CAGR during the forecast period. Rising requirements from numerous end-use industries including residential & non-residential and infrastructure is expected to drive the market growth over the next nine years.

Construction Chemicals

In addition, the market expansion is expected to be driven by rapid shift towards urbanization and rising focus towards infrastructure development in emerging economies. Moreover, government initiatives in emerging economies such as India are also presumed to drive the market growth.

Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/construction-chemicals-market/request-sample

On account of stricter environmental regulations, the market participants are focusing on research and development activities to come up with new products complying with guidelines established by various regulatory bodies. Application of biochemical as construction chemicals is at its initial stage that could prove to be a revolutionary technology in future. Emerging countries such as India and China are presumed to fuel the market owing to various upcoming infrastructure projects under development. China was the major construction market accounting for over 20.0% of the global share in the year 2015.

The market growth is also expected to witness a significant growth on account of rising rate of mergers and acquisitions by major players in the market. In addition, technological innovations have resulted in the rise in usage of other specialty chemicals which consist of chemical flooring, surface coating chemicals, grouting compounds and structural adhesives.

Product Insights

In terms of market volume share, concrete admixtures accounted for 64.07% in the year 2015 on account of its wide usage in concrete to strengthen its chemical and physical properties. Its applications include all types of constructions such as residential and non-residential infrastructure. The product improves the strength of the construction by providing strong durability, enhanced durability, chemical resistance and considerably lowering cement and water requirement.

Super plasticizers and plasticizers are broadly utilized as concrete admixtures. Super plasticizers are suitable for pre-stressed concrete as majority of the products are chloride free. Chloride causes an oxidation reaction with metals, which then causes corrosion, weakening the building structure.

Browse Full Research Report @
https://www.millioninsights.com/industry-reports/construction-chemicals-market

End-use Insights

Infrastructure and non-residential industry accounted for over 60% of the total market revenue share in 2015. Construction chemicals are applied in non-residential segments such as hotels, office spaces, retail, erection of warehouse and industrial buildings. The growth for infrastructure activities is driven by government initiatives in developing economies which consist of India, China, Brazil and Mexico. In addition, the market growth is anticipated to be fueled by growing trend towards metropolitan developments caused an increase in the need for more residential buildings.

The expansion of the residential & non-residential segment is caused by growing per capita income together with strengthening economic policies in the emerging economies. Overseas investments have increased in the recent years in Asia Pacific, which is also propelling the growth.

Regional Insights

With a market share over 45%, the Asia Pacific region was valued as the largest market for the product globally in 2015. India and China are the key markets in the region contributing over 50% of the total regional market size. The growth of construction chemicals market is directly associated with the development of construction sector.

Asia is presumed to witness an investment of about USD 8.0 trillion by the year 2020 according to the Asia development bank. Growing urbanization trend and increasing disposable income of population in countries such as India, Vietnam and China has generated a necessity for better transport systems, water & sanitation facilities and buildings. Further, numerous international investors are focusing on re-allocating their capital in APAC.

Construction and infrastructure activities have seen a rapid growth in the country since the launch of 2011-20 Economic Transformation Program (ETP) by the Malaysian government. The construction sector in Vietnam was valued at USD 24.0 billion in the year 2012. All these factors are projected to result in the consistent growth of construction industry in APAC region, which in turn will cause a high growth of construction chemicals in this region.

Competitive Insights

The major players in the global construction chemicals market are FOSROC chemicals, BASF SE, Grace & Co., Arkema S.A., Dow chemicals, Pidilite Industries Ltd., Mapei S.P.A and RPM International Inc. The market is extremely competitive in nature with key players engaged in product innovation and R&D.

Market players are trying to enlarge their customer reach through various strategies which consist of new product launches and exhibitions. The U.S. based manufacturer, Dow Chemicals is a key player in this market. The firm manufactures a wide range of sealant products and adhesives. Strategic agreements and launching innovative products has helped the company to preserve their position in the construction chemicals market globally.

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/construction

 

Machinary, Manufacturing & Construction

Oil and Gas Drill Bit Market Key Manufacturers, Production Value, Growth Rate and Application by 2022

Industry Insight:

The Global Oil And Gas Drill Bit Market was valued at more than USD 4.9 billion in 2014. Increasing global demand for energy is expected to drive the demand for drill bit as exploration and production especially for shale gas are anticipated to rise over the forecast period. Increasing offshore drilling activities in the U.S. and the Middle East is anticipated to augment product demand over the forecast period.

Oil and Gas Drill Bit

They are cutting tools used to create holes onshore and offshore as well. They are available in various shapes and sizes made of different materials such as diamond, carbide, and tungsten.

As exploration of unconventional sources such as CBM, shale gas has been increasing owing to rapid increase in global energy demand and several initiatives from various governments production from these reserves is expected to rise in the near future, hence driving substantial demand for drill bits.

Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/oil-gas-drill-bit-market/request-sample

Various technological developments and product launches such as TerrAdapt adaptive drill bit and hybrid drill bits that combines the characteristics of technologies such as polycrystalline diamond bits (PDC) some of the new products in the market. Application of these new products has been increasing in directional drilling and large diameter drilling operation. Effective selection of drill bit type and in-depth testing of material has proven in cost saving and hence escalated overall profit.

The dip in the oil prices in the last few years has tremendously affected the E&P in oil and gas sector, hence restricting the development of new technologies in the drill bit industry. Growing concern of E&P companies to reduce operating costs along with rising requirement for optimized drilling performance have enforced OEM manufacturers to improvise bit design and performance. Changing customer preference for cost-effective equipment owing to of technological advancements have created opportunities for future development. Also, sustainability of the market depends on the supply of raw materials, product development and majorly on the prices.

Product Insights:

On the basis of product different types of drill bits are that have been considered include fixed cutter bits and roller cone cutter. Roller cone bits are sub-divided into tungsten carbide bits and milled-tooth bits. Also, the fixed cutter are further divided as polycrystalline diamond bits (PDC) and natural diamond bits. Roller cone bits are more efficient in soft formations as compared to other down-hole tools. Recent developments of sealed bearings are corrosion free and have minimum failure risks.

Milled-tooth cutting is applicable for scraping exploitation in soft formation. While Tungsten Carbide inserts are used for hard-facing and gauge protection from abrasion failure and these inserts have better durability even in extreme hard formation.

PDC bits are leading product segment in the North American market owing to increased efficiency, durability, higher penetration level of more than 3000 meters and drilling operations, despite its higher costs. The demand has been increased in U.S. and Canada owing to their phenomenal properties. This type of bits is significantly being employed in the present scenario as they assist in less operating time in drilling by reducing any shear and tear.

Roller cone drills have largest product segment covering more than 70% of the market share globally in 2014, and is anticipated to cross over net worth of USD 1060 million by 2022. R These bits are used to drill downhole by cutting or fracturing with tooth-shaped elements. Cost effectiveness of the application of these bits is the primary factor anticipated to drive the market in the next eight years. However, they can lose market share as fixed cutters are more effective for encountering hard rock even for deeper wells.

Unlike roller cutters, fixed cutters are made up of hard materials such as natural or synthetic diamonds for grinding and scrapping of rocks by rotary actions. Their demand is expected to grow at a CAGR of more than 5.5% from 2015 to 2022.

Regional Insights:

On regional basis segmentation, North America drill bit dominates the global market with around 35% of global volume in 2014. Tremendous upsurge in shale gas production is expected to be yet another major driving factor in the current low crude oil price scenario.

Large reserves at Canada &Gulf of Mexico of shale gas are expected to witness increasing exploration & production activities which in turn, will boost product demand in these regions. The Asia Pacific region is estimated to grow firmly and is projected to reach the net demand of more than 800 units by 2022. Owing to rapid industrialization and urbanization in emerging countries such as China, India influences the oil producers to increase the supply, this, in turn, steers the growth of the market.

Browse Full Research Report @
https://www.millioninsights.com/industry-reports/oil-gas-drill-bit-market

Competitive Insights:

The global market is highly consolidated with prominent market leaders such as Baker Hughes, Halliburton, National Oilwell Varco, Schlumberger, and Varel International. Increased funds for R&D activities and customized product development for different types of earth formations are some of the current trends among the industry players. Schlumberger offers a wide range of application-specific bits and continuous involvement in innovation it helped the company to dominate globally generating total market revenue of more than 22% in 2014. These companies were accounted for more than 70% market share globally in 2014. The main strategy for these companies includes strategic collaboration with smaller regional companies and increase their market share to sustain the market.

Other prominent leaders in the market includes, Atlas Copco AB, Bellwether Resources International, Bit Brokers International, Century Products, DRILLBITS International (DBI), Drilformance, Drill King International, Drilling Products (DPI), Harvest Tool Company, Hole Products, Kay Rock Bit Company, Master Oil Tool, Nile Petroleum Industrial Company (NPICO), OTS International, PDB Tools and Kingdream Public Limited Company.

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/machinery-and-machine-parts

Manufacturing & Construction

Cryogenic Equipment/Devices Market Key Players, Scope, Development Trends and Overview Till 2022

Industry Insights

By 2022 the market size of global cryogenic equipment is forecasted to reach $25.05 billion. The ever increasing power and energy demand along with faster rate of industrialization are considered to be the important factors to drive the market over 7 years. HTS cables and energy storages are improved due to the advancements in energy and power sector. Larger amounts of investments from developing countries like India, who wish to construct high-speed trains and smart cities, are anticipated to provide boosts to the industry partakers.

Cryogenic Equipment Devices

Demand for liquefied gases in the field of industrial processes is critical. Example of CLFs i.e. conventional cooling lubricants can be considered, which are not useful in machining operations compared to the expected alternatives which improve sustainability of environment along with cutting temperatures. In rare cases the CLFs cannot perform the exact application required and adversely affect the environment and that’s the exact area where the cryogenics can be a better alternative.

Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/cryogenic-equipment-devices-market/request-sample

End-use Insights

Several industries including electronics, food and beverage, metallurgy and oil & gas can have cryogenic equipment at their discretion. 20% of the total revenue was constituted by power and energy in the year 2014. The investments in power industry in the developing nations opens up new market places and enables growth.

In the year 2014 the revenue from food and beverage applications crossed the one billion mark. Over the next seven years owing to the critical need of freezing and chilling a significant rise in the demand of the frozen foods is expected which will continue over the period.

Moreover the factors such as legislations governing food and beverage along with awareness about use of energy and effect of carbon emissions has positively affected the freezing technology.

Application Insights

Over 60% of the overall market share was occupied by Storage in the year 2014. Rise in need for stocking, handling, sourcing and transferring gases like nitrogen, oxygen, argon and natural gas can be considered important reasons for the growth.

Browse Full Research Report @
https://www.millioninsights.com/industry-reports/cryogenic-equipment-devices-market

Low temperature environments for storing gases is created using the equipment. Insulation is provided by the gases within which prevents changes with changes in external temperatures.

In 2014 the distribution sector was valued over $3.5 billion. The CAGR at which the segment is expected to grow is more than 7% from 2015-2022. Even if the distribution segment holds less market share, it is significant in the industries such as marine, food and beverage and oil & gas.

Gas Insights

Over 40% of the total market share was occupied by natural gas was observed to be dominant segment in the same year. High natural gas production is the outcome of the Shale revolution started by the U.S. Government ultimately shooting up the demand in oil & gas sector. Tremendous trade opportunities are anticipated to rise due to the increased trade of natural gas.

With over more than 7% CAGR the market of oxygen gas is expected to grow over the estimated period. The second largest component of earth’s atmosphere and a being a strong oxidizer, oxygen, is necessary support of life. Critical applications of oxygen as cryogenic product allows the consumers to maintain a significant temperature difference between environment and product also providing insulation to oxygen from cryogenic equipment.

Product Insights

The revenue generated from the tanks segment was over $6.5 billion in the year 2014 and is expected to grow. The carriers that transport LNG in larger amounts in cargo tanks which makes it regulatory to maintain pressure of the tank. Lower maintenance costs, extended service life along with high-end insulations are some of the benefits provided by the tanks.

Cryogenic liquids are transported using a specialized insulated pipe designed especially for the application providing high performance is called as Vacuum jacketed pipe (VJP). They are specifically used in labs where pipeline system is rerouted frequently. Demand over the forecast period is expected to boost due to the increased use of vacuum jacketed pipes in thermal chambers. The segment is anticipated to cross $1.5 billion by the end of forecast period.

Regional Insights

Over 30% of the revenue was generated from the Asia Pacific market which was dominant in 2014. In the absence of pipelines LNG is stored and distributed accordingly. The development in Asian nations has caused increase in investment which drives the demand. Temperatures as low as -165 C are required by some of the Healthcare facilities in Asia that preserve blood of rare blood groups.

Owing to the significant applications across healthcare, food and beverage along with electronics industry will allow Europe to capture considerable amount of market share. European governments favour the use of LNG because of its low emission capabilities and ability to address environmental concerns will drive the demand. The demand for tanks that store gases is driven by large amount of LNG transported to European nations.

Competitive Market Share Insights

Severe competition will be experienced by the market due to the presence of well-established players. Performance, technical knowledge, price and ability to manufacture and design are the parameters on which the market competes.

Charts Industries, Herose GmbH, Linde Group have extensively undertaken R & D activities to reduce the risks involved with the equipment. The rising need for the supply of gas on site has made firms undertake aggressive management techniques to improve technology and production.

Major industries in the market are Linde Group, Herose GmbH, Cryogenic Systems Equipment Inc and Chart Industries. Acquisition of firms that complement their present products is being undertaken by these firms.

See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/hvac