Global Leak Tester Market is Anticipated to Reach a Valuation of Over USD 829.4 Million by 2027

Leak Tester Market Summary-min

According to the recent market research report published by Growth Market Reports (GMR) titled, “Global Leak Tester Market by Types, Applications, and Regions: Size, Share, Trends, and Opportunity Analysis, 2019-2027”, the global market was valued at USD 427.9 Million in 2019 and is estimated to expand at a CAGR of 9.5% between 2020 and 2027.

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Increasing usage of leak tester in various fields, such as automotive, manufacturing, packaging, and healthcare is anticipated to drive the global leak tester market. Leak tester are capable of performing numerous industry specific tests such as electronic gas detection, colorimetric development, bubble testing, mass flow, mass spectrometry, hydrogen leak detection, and ultrasonic leak testing.

The global leak tester market is driven by the increase in investments in offshore energy resources. Moreover, rising demand for proper leak detection between industries to avoid possible disasters and accidents is creating growth opportunities in the global leak tester market. Additionally, growing demand for effective leak testing techniques to prevent future disasters and incidents and increasing implementation of strict government protection regulations are expected to further propel the market.

Leak testing is a method used to identify manufacturing defects that help verify product integrity and improve consumer protection. For example, the automotive industry consistently uses leak tester to ensure that assembly operations have been efficiently performed and subcomponents are leak-free.

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As per GMR industry analyst Vidya Jadhav, “The global leak tester market is anticipated to grow significantly during the forecast period, from 2020-2027. A significant number of automotive manufacturers across the globe rely on high quality leak test equipment to detect flaws in automotive components or goods. Manufacturing faulty goods can prove costly, as they result increased the claims for warranty and a threat to public safety. Leak Tester are implemented for robust leak testing procedures by government agencies and other industries with sensitive work environments. This is expected to propel the market in the coming years.”

Key Takeaways from the Study:

  • Based on the applications, the leak tester market is segmented into industrial, automotive, medical, HVAC/R, laboratories, and energy. Several new end use industries are anticipated to increase its adoption for leak tester. Some prominent of them being aerospace & defense and power & energy industries. The automotive segment is projected to expand at a CAGR of more than 7% during the forecast period.
  • North America is home to well-established manufacturers of leak tester such as Uson, L.P., Vacuum Instruments Corporation, LLC, ATEQ Corp., InterTech Production Company, and LACO Technologies. The adoption of leak tester is high in North America due to continuous growth of the automotive industry.
  • Several companies across the US are innovating new generation leak tester to meet the needs of different industries. In November 2017, Uson L.P., announced the launch of a novel industrial grade 628, disparity pressure decay leak tester.
  • Car manufacturers rely on high-quality leak test equipment to detect product or automotive part faults, such as power steering, engine blocks, brakes, and pollution control. The defects present in the manufacturing process lead to safety concerns and increases warranty claims.

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Report Scope:

Report Metric Details
Market Value in 2019 US$ 427.9 Million
Market Growth Rate (from 2019 to 2027) 9.5%
Historical Data 2017 & 2018
Base Year 2019
Forecast Period 2020 – 2027
Units Considered Value (US$ Million) & Volume (Units)
Market Segments Types, Applications, and Regions
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Lezyne, Topeak, Blackburn, Bell, Schwinn, Intex, Giant, Giyo, Silca, Specialized, BioLogic (Mobility Holdings, Ltd.), Campagnolo, DT Swiss, and ZEFAL
Customization Scope Report customization available on request
Pricing and Purchase Options Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Leak tester manufacturers, leak tester OEMs
  • Demand Side: Oil & gas companies, industrial production companies, automotive companies, medical institutes & research laboratories
  • Regulatory Side: Environmental protection agencies
  • Associations and Industry Bodies: International Canine Spill & Leak Detection Association, United States Environmental Protection Agency, National Renewable Energy Laboratory

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About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Tags: Leak Tester Market, Leak Tester Market Size, Leak Tester Market Share, Leak Tester Market Trends, Leak Tester market Analysis, Leak Tester Market forecast, Leak Tester Market players, Leak Tester Market scope See Campaign: https://growthmarketreports.com/
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Global Body Wash and Shower Gel Products Market Expected to Reach USD 42,993.9 Million by 2027

Global Body Wash and Shower Gel Products Market Key Takeaways

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Body Wash and Shower Gel Products Market by Types, Applications, and Regions: Size, Share, Trends, and Opportunity Analysis, 2017-2027”, the market was valued at USD 31,184.0 million in 2019 and is projected to expand at a CAGR of 4.2% between 2020 and 2027. The growth of the global body wash and shower gel products market is attributed to rising awareness related to health and hygiene, increasing disposable income, and improving living standards of the people across the globe.

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The global body wash and shower gel products market is fragmented based on types, applications, and regions. In terms of types, the market is categorized as soap type, surfactant type, and surfactant and soap-based complex type. On the basis of applications, the body wash and shower gel products market are segregated into women, men, and kids. Based on regions, the global body wash and shower gel products market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America is bifurcated into the US and Canada. The Latin America region is sub-segmented into Brazil, Mexico, and Rest of Latin America. Asia Pacific is segregated into India, China, South Korea, Australia, Japan, and Rest of Asia Pacific. The Europe region is categorized as the U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe, while the MEA region is divided into Saudi Arabia, South Africa, the UAE, and Rest of Middle East & Africa (MEA).

In 2020, the body wash and shower gel products market are expected to grow at a rapid pace due to excessive bathing to prevent COVID-19. Shower gels are easier to use than traditional soaps and prevent the chances of cross contaminations, thus fueling the market growth. Moreover, increasing use of shower gels to wash hands during the COVID-19 pandemic has propelled the market and this trend is expected to continue in the coming years.

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As per GMR industry analyst Vidya Jadhav, “The global body wash and shower gel products market is anticipated to grow at a substantial pace during the forecast period from 2020 to 2027 driven by increasing launches of superior products that include vitamin-infused shower gels or seed oil and growing awareness regarding the advantages of body washes and shower gels over traditional soaps. However, increasing awareness toward the use of chemical substances in shower and bath gels such as dioxane, sodium lauryl sulfate, and parabens (which are considered harmful substances for the skin), is expected to hamper the global body wash and shower gel products market. Conversely, launch of products with natural and novel ingredients that are free of parabens and sulfates is projected to create opportunities in the market”.

Key Takeaways from the Study:

  • The companies such as Unilever, Shiseido Co.,Ltd., and Shanghai Jahwa United Co., Ltd held key share of the global body wash and shower gel products market in year 2019.
  • Europe accounts for a major share of the market, followed by North America. The market in the Asia Pacific is projected to expand at a considerable CAGR during the forecast period.
  • The kid segment is anticipated to expand at a moderate CAGR during the forecast period due to increasing number of products launched by market players for kids and adults. For instance, Johnson & Johnson offers a Vita-Rich Revitalising Body Wash, which is made from seed oil extracts that help revitalize the skin.

Buy Full Report at https://growthmarketreports.com/report/body-wash-and-shower-gel-products-market-global-industry-analysis

Report Scope:

Report Metric

Details

Market Value in 2019

USD 31,184.0 million

Market Growth Rate (from 2021 to 2027)

4.2%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (USD Million) & Volume (Thousand Liters)

Market Segments

Types and Applications

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA)

Country Scope

The US, Canada, India, China, Japan, South Korea, Australia, Rest of Asia Pacific, the UK, France, Germany, Italy, Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, the UAE, Rest of MEA, Brazil, Mexico, and Rest of Latin America

Key Companies Profiled

Procter & Gamble., Unilever, Johnson & Johnson, Shanghai Jahwa United Co., Ltd., REVLON Inc., Chanel S.A., KAO Corporation, Shiseido Co., Ltd, L’Oreal S.A., Beiersdorf AG, L’Occitane Group, and Lush

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements

Target Audience:

  • Supply-side: Body wash and shower gel products manufacturers, raw material suppliers, primary respondents, and distributors.
  • Demand Side: Retailers
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: National Eczema Association, Central Industrial Hygiene Association, International Occupational Hygiene Association, American Industrial Hygiene Association, and British Occupational Hygiene Society (BOHS)

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About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Tags: Body Wash and Shower Gel Products Market share, Body Wash and Shower Gel Products Market scope, Body Wash and Shower Gel Products Market, Body Wash and Shower Gel Products Market Size, Body Wash and Shower Gel Products Market Analysis, Body Wash and Shower Gel Products Market Trends, Body Wash and Shower Gel Products Market Forecast, Body Wash and Shower Gel Products Market players See Campaign: https://growthmarketreports.com/
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Contact Us: Alex Mathews Head of Business Development Phone No.: +1 909 545 6473 Email – sales@GrowthMarketReports.com Website – https://GrowthMarketReports.com Address – 500 East E Street, Ontario, CA 91764, United States.

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Global Smart Parcel Locker Market Expected to Reach USD 1,743.9 Million by 2027

Global Smart Parcel Locker Market Key Takeaways-min

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Smart Parcel Locker Market by Types, Applications, and Regions: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 542.8 Million in 2019 and is expected to grow at a CAGR of 16% between 2020 and 2027. The smart parcel locker market volume is anticipated to expand at a CAGR of around XX% during the forecast period. Smart parcel lockers are computerized electronic locker systems, which are used for operations including pick-up and delivery of parcels. The total smart parcel lockers system is made up of a set of lockers used for the pick-up by users and delivery by users. These lockers are placed within residences or at workplaces to help users receive their parcels accordingly as per their convenience.

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The global smart parcel locker market is fragmented based on type, application, and region. In terms of types, the market is segmented into min. order ?10, min. order 10-50, and min. order >50. On the basis of applications, the market is segregated into condos, apartment complexes, businesses, and others. Based on regions, the global smart parcel locker market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America is further bifurcated into countries such as the US, and Canada. Latin America is sub-segmented into Brazil, Mexico, and Rest of Latin America, while Asia Pacific is classified as India, China, Australia, Japan, South Korea, and Rest of Asia Pacific. Europe is categorized as the UK, France, Germany, Italy, Spain, Russia, and Rest of Europe. MEA is categorized as Saudi Arabia, South Africa, the UAE, and Rest of MEA.

The effect of COVID-19 is anticipated to be strongly felt in the manufacturing industry due to high dependency of different global industries for imports. Moreover, the pandemic situation has led to the closure of several non-essential businesses reducing the demand for machines such as smart parcel locker in the world, which in turn, is impeding the different end users. The COVID-19 pandemic is decreasing end-user demand for daily packaging products worldwide, thus reducing the demand for smart parcel lockers, in the short-term. The COVID-19 effects majorly on manufacturing units, which are currently working with 50% workforce. The global supply chain has at the same time slowed down due to restrictions on national borders.

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As per GMR industry analyst Vidya Jadhav, “The global smart parcel locker market is anticipated to expand at a considerable pace during forecast period, 2020-2027, driven by factors such as 24×7 delivery and pick-up options available for parcel providers and receivers, ease of use, and technological connectivity. The smart parcel locker market is growing significantly due to the high demand for these lockers in businesses, apartments, and condos.”

Key Takeaways from the Study:

  • KEBA, Cleveron AS., and ALPHA Corporation held over 1/5th of the market share of the global smart parcel locker market in 2019.
  • In terms of value, Europe accounts for a major share of the market, followed by North America. The market in Europe is projected to expand at significant CAGR during the forecast period.
  • In terms of value, the min. order 10-50 segment is anticipated to expand at a significant CAGR during the forecast period.
  • Physical stores that offers smart parcel lockers require many employees and high fixed costs (rent) to run stores, and thus are unable to offer a wide selection of goods due to the presence of limited space, which offers opportunities for online sales channels. Online retailers can deliver a vast selection of products without having to pay as many workers and needing access to shipping companies to sell their products.

Buy Full Report at https://growthmarketreports.com/report/smart-parcel-locker-market-global-industry-analysis

Report Scope:

Report Metric

Details

Market Value in 2019

USD 542.8 Million

Market Growth Rate (from 2021 to 2027)

16.0%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2021 – 2027

Units Considered

Value (USD Million) & Volume (000’ Units)

Market Segments

Types and Applications

Regional Scope

North America, Europe, Latin America, Asia Pacific, and Middle East & Africa (MEA)

Country Scope

The US, Canada, Germany, France, Italy, the UK, Spain, Russia, Rest of Europe, China, Japan, South Korea, India, Australia, Rest of Asia Pacific, Brazil, Mexico, Rest of Latin America, Saudi Arabia, South Africa, the UAE, and Rest of MEA

Key Companies Profiled

TZ Limited, Patterson Pope, DeBourgh, KEBA, RENOME, Xiamen Headleader Technology Co., Ltd., SHENZHEN ZHILAI SCI AND TECH CO., LTD, Locker & Lock Pte Ltd., ALPHA Corporation, Cleveron AS, Smartbox Ecommerce Solutions Pvt. Ltd., Snaile Inc., Package Nexus, Vlocker, Focus Action Sdn Bhd, ABELL INTERNATIONAL PTE LTD, VIOLANTA, Kern Limited, Clevtech

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: smart parcel locker manufacturers, raw material suppliers, primary respondents, and distributors.
  • Demand Side: research & development facilities, industries, household, etc.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
  • Associations and Industry Bodies: Environmental Protection Agency (EPA), International Organization for Standardization (ISO), Organization of Plastics Processors of India (OPP), Ministry of Health, Labor and Welfare (MHLW), World Trade Organization (WTO), Occupational, Safety and Health Administration (OSHA), American National Standards Institute (ANSI), and Indian Centre for Plastics in the Environment (ICPE).

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About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Tags: Smart Parcel Locker, Smart Parcel Locker Industry, Smart Parcel Locker Market, Smart Parcel Locker Market Share, Smart Parcel Locker Market Trends, Smart Parcel Locker Market Size, Smart Parcel Locker Market Growth, Smart Parcel Locker Market Analysis, Smart Parcel Locker Market Forecast, Smart Parcel Locker Market Research, Smart Parcel Locker Market Report See Campaign: https://growthmarketreports.com/
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Global Oil Vapour Diffusion Pumps Market Set to Make Rapid Strides in 2020-2027

This latest Oil Vapour Diffusion Pumps report published by Global Market Monitor covers the current market dynamics, and provides effective competition strategies and market guidelines for the majority of practitioners.

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Foremost key players operating in the global Oil Vapour Diffusion Pumps market include:
Osaka Vacuum
Oerlikon
Welch
Ulvac
Eowaros
Adixen
Pfeiffer Vacuum
Shinko Seiki
Gamma Vacuum
shimadzu
Kurt J Lesker

Application Outline:
Industrial and Manufacturing
Chemical Processing
Semiconductor & Electronics
Oil Industry
Others

Oil Vapour Diffusion Pumps Type
Silicone Oil
Polyphenyl Ethers

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Oil Vapour Diffusion Pumps Market

2 Market Trends and Competitive Landscape
3 Segmentation of Oil Vapour Diffusion Pumps Market by Types
4 Segmentation of Oil Vapour Diffusion Pumps Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Oil Vapour Diffusion Pumps Market in Major Countries
7 North America Oil Vapour Diffusion Pumps Landscape Analysis
8 Europe Oil Vapour Diffusion Pumps Landscape Analysis
9 Asia Pacific Oil Vapour Diffusion Pumps Landscape Analysis
10 Latin America, Middle East & Africa Oil Vapour Diffusion Pumps Landscape Analysis 
11 Major Players Profile

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The regional analysis covers:
North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

Report Key Audience
Oil Vapour Diffusion Pumps manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Oil Vapour Diffusion Pumps
Oil Vapour Diffusion Pumps industry associations and research organizations
Product managers, Oil Vapour Diffusion Pumps industry administrator, C-level executives of the industries
Market Research and consulting firms

Key Questions Answered by Global Market Monitor Research Report:
What is the size and CAGR of the global Oil Vapour Diffusion Pumps Market?
Which are the leading segments of the global market?
Which region may hit the highest market share in the coming era?
What are the main strategies adopted in the global market?
What growth impetus or acceleration market carries during the forecast period?
What are the key driving factors of the most profitable regional market?
What trends, challenges, and barriers will impact the development and sizing of the Global Oil Vapour Diffusion Pumps Market?

About Global Market Monitor
Global Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.
We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.
Contact
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Powder Coating Machine Market Size, Share, Growth Survey 2020 to 2027 and Industry Analysis Report

Global Market Monitor recently published a market research report on Powder Coating Machine, which studied Powder Coating Machine industry outlook, competitive situation, regional market analysis, type & application segment analysis, and market trend forecast by 2027.

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Leading Company for Driving Market Growth
The global Powder Coating Machine market growth is also reliant on the development of active players in the industry, which are:
IFS Coatings
Vogel Paint
Akzonobel(Rohm and Haas)
Nortek Powder Coating
TIGER Drylac
Dupont
PPG Industries
Midwest Industrial Coatings (MICI)
3M
Masco
RPM International Inc
Trimite Powders
Allnex
Erie Powder Coatings
Prismatic Powders
American Powder Coatings
Valspar Corporation
Sherwin-Williams

Global Powder Coating Machine market: Application segments
Indoor Usage
Outdoor/Architectural Usage
Automotive Industry
Others

Global Powder Coating Machine market: Type segments
Thermoset Powder Coating
Thermoplastic Powder Coating

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Powder Coating Machine Market

2 Market Trends and Competitive Landscape
3 Segmentation of Powder Coating Machine Market by Types
4 Segmentation of Powder Coating Machine Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Powder Coating Machine Market in Major Countries
7 North America Powder Coating Machine Landscape Analysis
8 Europe Powder Coating Machine Landscape Analysis
9 Asia Pacific Powder Coating Machine Landscape Analysis
10 Latin America, Middle East & Africa Powder Coating Machine Landscape Analysis 
11 Major Players Profile

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Major countries of North America, Europe, Asia Pacific, and the rest of the world are all exhaustive analyzed in the report. Apart from this, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.

Key Stakeholders
Powder Coating Machine manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Powder Coating Machine
Powder Coating Machine industry associations and research organizations
Product managers, Powder Coating Machine industry administrator, C-level executives of the industries
Market Research and consulting firms

GMM Market Research Report Contains Answers Following Questions?
What are market dynamics of Powder Coating Machine market? What are challenges and opportunities?
Who are the global key players in this Powder Coating Machine market? What’s their company profile, their product information, contact information?
What was global market status of Powder Coating Machine market? What was capacity, production value, cost and profit of Powder Coating Machine market?
What is current market status of Powder Coating Machine market growth? What’s market analysis of Powder Coating Machine market by taking applications and types in consideration?
What is Powder Coating Machine market chain analysis by upstream raw materials and downstream industry?
What is economic impact on Powder Coating Machine market? What are global macroeconomic environment analysis results? What are global macroeconomic environment development trends?
What should be entry strategies, countermeasures to economic impact, marketing channels for Powder Coating Machine market?

About Global Market Monitor
Global Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.
We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.
Contact
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Global Polytetrahydrofuran (PTMEG) Market Expected to Reach USD 3,437.29 Million by 2027

Global Polytetrahydrofuran (PTMEG) Market Key Takeaways-min

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Polytetrahydrofuran (PTMEG) Market by Types, Applications, End-users and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 2,649.3 Million in 2019 and is expected to grow at a growth rate of 3.6% by the year 2027.

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The global polytetrahydrofuran (PTMEG) market is anticipated to grow owing to the rise in the use of polytetrahydrofuran (PTMEG) as a solvent in several chemical processes. The polytetrahydrofuran (PTMEG) also finds its application in the manufacturing of rubber products. These are also used for the manufacturing of several products including cellophane, adhesives, magnetic tape, and printing inks. The rising disposable income has led to the rise in the demand for the stretch fabrics, which has led to the rise in the use of the polytetrahydrofuran (PTMEG) in the manufacturing of fabrics.

The rise in the demand for the enhanced quality products has led to the rise in the demand for the polytetrahydrofuran (PTMEG). The rise in construction activities has led to the rise in the demand for the adoption of the polyvinyl chloride (PVC) pipes, which are manufactured by using the polytetrahydrofuran (PTMEG). The PVC pipes are widely used in households. Polytetrahydrofuran (PTMEG) is an essential component, which is used for the manufacturing of PVC adhesives, PVC film casting, and PVC reactor cleaning. The wide application of the Polytetrahydrofuran (PTMEG) in manufacturing industry has led to the rise in the demand for the Polytetrahydrofuran (PTMEG). These are some of the factors, which contributes for the demand for the Polytetrahydrofuran (PTMEG).

The global Polytetrahydrofuran (PTMEG) market is fragmented based on types, applications, end-users, and region. Based on types, the polytetrahydrofuran (PTMEG) market is bifurcated into petro-based poly THF and bio-based poly THF. In terms of applications, the polytetrahydrofuran (PTMEG) market is segmented into thermoplastic polyurethane elastomers, polyurethanes (spandex) fibers, and co-polyester ether elastomers. Based on end-users the market is segmented into, paints & coatings, textiles, adhesives and sealants, artificial leather, leisure & sports, and others.

Based on region, the global polytetrahydrofuran (PTMEG) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America region is further bifurcated into countries such as the US and Canada. Latin America region is further segmented into Brazil and Mexico. Asia Pacific is further segmented into, China, Japan, South Korea, India, Australia and South East Asia. The Europe region is further categorized into Germany, U.K., France, Italy, Spain, Russia, and Turkey, and the MEA region is further divided into GCC and Egypt.

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As per GMR industry analyst Rajat Verma, “The Global Polytetrahydrofuran (PTMEG) market is anticipated to witness significant growth during forecast period 2020-2027 driven by the rising demand for the Polytetrahydrofuran (PTMEG) in several industries, such as automotive, chemical and textile industries. The rise in demand for stretch sports products and increasing awareness among consumers for the products are some of the factors, which contributes for the demand for polytetrahydrofuran (PTMEG).

Key Takeaways from the Study:

  • Asia Pacific accounts for a significant share of the market, followed by North America. The market in Asia Pacific is projected to expand at significant CAGR during the forecast period.
  • In terms of value, the petro-based poly THF segment is projected to increase at a substantial CAGR during the forecast timeline. The polytetrahydrofuran (PTMEG) are used in the chemical processes, thus, contributes to the segmental growth.

Buy Full Report at https://growthmarketreports.com/report/polytetrahydrofuran-ptmeg-market-global-industry-analysis

Report Scope:

Report Metric

Details

Market Value in 2019

USD 2,983.4 Million

Market Growth Rate (from 2021 to 2027)

3.6%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (US$ Million) and Volume (Thousand units)

Market Segments

Types, Applications

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA)

Country Scope

US, Canada, Mexico, Brazil, China, Japan, India, South Korea, South East Asia, Australia, U.K., France, Spain, Germany, Italy, Russia, GCC and Turkey

Key Companies Profiled

BASF SE, Dairen Chemical Corporation, Mitsubishi Chemical Corporation, INVISTA, HYOSUNG CHEMICAL, Shanxi Sansei Group Co,Ltd, China Petrochemical Corporation, Hangzhou Sanlong New Materials Co.,Ltd, Chongqing Jianfeng Industrial Group Co.,Ltd, Sichuan Tianhua Co.,Ltd, and Shaanxi Shaanhua Coal Chemical Industry Group Co., Ltd.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Polytetrahydrofuran (PTMEG) manufacturers, raw material suppliers, primary respondents, and distributors.
  • Demand Side: Automobile Industry, Research institutes, Pharmaceutical companies, chemical companies, etc.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
  • Associations and Industry Bodies: The International Council of Chemical Association, American Chemical Society, The European Chemical Industry Council, Federal Institute for Occupational Safety and Health, and Canadian Environmental Protection Act.

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About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Tags: Polytetrahydrofuran (PTMEG) Market, Polytetrahydrofuran Market, Polytetrahydrofuran Market Size, Polytetrahydrofuran Market Share, Polytetrahydrofuran Market Trends, Polytetrahydrofuran Market Growth, Polytetrahydrofuran Market Forecast, Polytetrahydrofuran Market Analysis, Polytetrahydrofuran Market Research, Polytetrahydrofuran Market Report, Polytetrahydrofuran, Polytetrahydrofuran Industry See Campaign: https://growthmarketreports.com/
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Biodegradable Packaging Market 2021 Key players, Global Trend, Industry Size, Share, Price and Opportunities Forecast to 2026

Biodegradable Packaging Industry

Description

According to Stratistics MRC, the Global Biodegradable Packaging Market is accounted for $4.7 billion in 2015 and is growing at a CAGR of 17.2% to reach $14.3 billion by 2022. Huge population and favorable demographics are the major factors driving the market growth. The rising demand for conventional non biodegradable plastic packaging materials like PET proves to be one of the most crucial factors driving the market growth. The biodegradable packaging market is driven by fast growth of food packaging and beverage packaging industries especially in promising economies such as BRIC countries as well as the developed economies of Europe and North America.

When compared to the plastics packaging market the biodegradable packaging market is poised to witness the highest growth. The food packaging and beverage packaging market is likely to play a vital role in driving the global biodegradable packaging market. Lack of government support particularly in the developed countries is expected to restrain the market growth.

Some of the Key players in the market include

Biopac, Georgia-Pacific LLC, Clearwater Paper Corporation, Mondi Group, BASF SE, Novamont S.P.A, Rocktenn, International Paper, Natureworks LLC, Mondi Group, Ranpak Corp, Stora Enso, Smurfit Kappa Group, GreenBlue, Amcor and Tetra Pak.

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Materials Covered:
• Plastics
o Starch-based plastics
o Polyhydroxyalkanoates (PHA)
o Polylactic acid (PLA)
o Cellulose
o Polyhydroxybutyrate (PHB)
• Paper
o Flexible Paper
o Boxboard
o Corrugated Board
o Kraft
• Others

Applications Covered:
• Personal & Home Care
• Beverage Packaging
• Food Packaging
• Pharmaceuticals

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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Continued…  

About the Author :

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

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Global Luxury Bicycles Market Expected to Reach USD 21,603.0 Million by 2027

Global Luxury Bicycles Market Summary-min

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Luxury Bicycles Market by types, by applications, by technology, by end users, by price rage, by sales channel and by Region: Size, Share, Trends and Opportunity Analysis, 2017-2027″, the market was valued at USD 12,975.4 Million in 2019 and is expected to grow at a healthy growth rate of 6.7% by the year 2027. The Luxury Bicycles Market is anticipated to grow significantly during forecast period due to rise in demand for new an advanced bicycle. Moreover, use of luxury bicycles in urban areas is growing as a leisure and a daily commute option.

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Global Luxury Bicycles market has been fragmented based on types, applications, technology, end users, price range, sales channel and regions. In terms of types, the global luxury bicycles market is categorized as hybrid bikes, mountain bikes, road bikes, track bikes, and others. Based on applications, the market is classified as racing, transportation, and others. On the basis of technology, the global luxury bicycles market is bifurcated into electric and conventional. In terms of end-users, the market is segregated into men, woman, and kids. Based on price range, the global luxury bicycles are segmented into premium priced (Above USD 10,000), medium priced (from USD 5000 to 10,000), and low priced, (from USD 1000 to 5000). On the basis of sales channels, the market is divided into online and offline. By region Luxury Bicycles market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America region is further bifurcated into countries such as the U.S., and Canada. The Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, the Asia Pacific is further segmented into, China, Japan, South Korea, Australia, Southeast Asia, and Rest of Asia Pacific. The European region is further categorized into Germany, France, Italy, the U.K., Spain, Russia, Netherlands and the Rest of Europe, and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and the Rest of MEA.

The effect of COVID-19 pandemic situation has led to the closure of several non-essential businesses reducing the demand for industrial goods in the world, which in turn, is affecting several industries worldwide. On the other hand, the COVID-19 pandemic is encouraging production activities across luxury bicycles manufacturing units worldwide, the demand for luxury bicycles has surged throughout this pandemic period. As people are inclining towards leisure, recreational and health related activities during the lockdown period. The global supply chain has slowed down due to restrictions on national borders. The demand for luxury bicycles market has been growing at normal growth rate during pandemic situation. Additionally the luxury bicycles production has grown and the market is expected to witness significant growth post COVID. Although, in first and second quarter shortage of bicycles have been observed in the leading economies due to restriction in transportation activities and declined production due to lockdown in major Bicycle producing countries including China and India.

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As per GMR industry analyst Vidya Jadhav, “The factors such as rising young population, and increasing expenditure on leisure and sports activities in urban areas countries are anticipated to drive the growth of luxury bicycles market significantly. Moreover, the rising awareness about sustainable lifestyle, growing issues of traffic and parking space in big cities are anticipated to create lucrative opportunity during forecast period.”

Key Takeaways from the Study:

  • Europe is expected to continue dominating the luxury bicycles market due to the increasing use of luxury bicycles in the region.
  •  In terms of types, the mountain bikes segment accounts for a major share of the market and is anticipated to expand at a considerable CAGR during the forecast period. High prices of these bicycle and growing popularity of these bicycles is anticipated to be key factor driving the growth of market in terms of value.
  • Governments of major economies such as U.S., and European countries are raising awareness regarding the environmental-friendly lifestyles and products by taking initiatives such as encouraging people to use bicycles for daily commutes. This, in turn is encouraging the use of luxury bicycles.

Buy Full Report at https://growthmarketreports.com/report/luxury-bicycles-marketglobal-industry-analysis

Report Scope:

Report Metric

Details

Market Value in 2019

USD 12,975.4 Million

Market Growth Rate (from 2021 to 2027)

6.7%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Market Segments

by types, by applications, by technology, by end users, by price rage, by sales channel

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA)

Country Scope

U.S., Canada, Brazil, Mexico, Rest of Latin America, China, Japan, South Korea, India, Australia, Southeast Asia, Rest of Asia Pacific, Germany, France, Italy, U.K., Spain, Russia, Netherlands, Rest of Europe, Saudi Arabia, South Africa, UAE and Rest of MEA.

Key Companies Profiled

Accell Group N.V., American Bicycle Group, Cannondale, Canyon Bicycles GmbH, Cervélo, F.I.V. E. Bianchi S.p.A., LIOS Bikes Ltd, Montante Cicli, Moustache Bikes, myStromer AG. Specialized Bicycle Components, Inc., The Moulton Bicycle Company, Trek Bicycle Corporation

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Luxury Bicycles manufacturers, raw material suppliers, primary respondents, and distributors,
  • Demand Side: People using luxury bicycles for sports, for commute, and for health, leisure and recreational activities.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: Union Cycliste Internationale (UCI), indoor Cycling Association (ICA), Cyclistes Professionnels Associés (C.P.A.), Global Biking Initiative (GBI), World Bicycle Relief, World Bicycle Industry Association (WBIA), European Bicycle Manufacturers Association (EBMA)

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About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Tags: Luxury Bicycles Market Research, Luxury Bicycles Market, Luxury Bicycles Market Analysis, Luxury Bicycles Market Report, Luxury Bicycles Market Size, Luxury Bicycles Market Share, Luxury Bicycles Market Trends, Luxury Bicycles Market Growth, Luxury Bicycles Market Forecast, Luxury Bicycles, Luxury Bicycles Industry See Campaign: https://growthmarketreports.com/
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Global Automotive Brake Fluid Market Expected to Reach USD 2,692.9 Million by 2027

Global Automotive Brake Fluid Market Analysis-min

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Automotive Brake Fluid Market by product types, fluid types, vehicle types, distribution channel and region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 2,690.4 million in 2019 and is expected to grow at a growth rate of around 2.0% by the year 2027.

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Brake fluid performs a pivotal vital role in the functioning of the car, which helps the braking system generate the hydraulic force required for operation. Brake lines are mechanical components in the braking system that transfer the brake fluid from the main hydraulic cylinder to the brake calipers or wheel cylinders. When the brake is applied, the brake fluid in the brake lines forces the brake pad to press against the rotor, ensuring that the vehicle is decelerated safely and comfortably.

The global brake fluid market is driven by factors such as growing number of automotive original equipment manufacturers (OEMs) and car service providers, product innovations in automotive brake fluids, increasing demand for commercial vehicles, and emerging vehicle financing. Conversely, frequent need to change automotive brake fluid and replacement of traditional hydraulic braking systems by brake-by-wire are likely to restrain the market. Increasing consumer disposable income and growing demand for vehicles in developing countries is creating growth prospects for the market. Increased vehicle production and increased demand for lightweight vehicles are projected to boost the market for automotive brake fluids during the forecast period. The increase in demand for vehicles with advanced braking systems is also a key factor expected to drive the automotive brake fluid market during the forecast period. Strong standards on the automotive industry with regard to safety concerns by global regulators are expected to increase the market for automotive brake fluids.

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As per GMR industry analysts Rajat Verma, “The global automotive brake fluid market is anticipated to witness significant growth during forecast period 2021-2027. The rising demand for vehicles in countries such as China and India are expected to drive growth in the automotive brake fluid market. Several companies such as BASF are investing on production sites in these regions in order to meet local demand”.

Key Takeaways from the Study:

  • Based on fluid types, the automotive brake fluid market is bifurcated into petroleum-based and non-petroleum-based. The non-petroleum-based segment is expected to hold a significant share of the market and is projected to expand at a significant CAGR during the forecast period. The non-petroleum-based automotive brake fluid is preferred for most of the vehicles, as they have a high boiling point, has hygroscopic nature, and is widely available globally.
  • Based on fluid types, the automotive brake fluid market is bifurcated into petroleum-based and non-petroleum-based. The non-petroleum-based segment is expected to hold a significant share of the market and is projected to expand at a significant CAGR during the forecast period. The non-petroleum-based automotive brake fluid is preferred for most of the vehicles, as they have a high boiling point, has hygroscopic nature, and is widely available globally.
  • Based on sales channels, the automotive brake fluid market is classified as master distributors, warehouse distributors, auto parts stores, and others. The master distributors segment is expected to hold a significant share of the market, while the auto parts stores segment is projected to expand at a substantial CAGR during the forecast period. Manufacturers are focusing on marketing and tackling the shortcomings of their conventional franchised-dealer sales platforms. Manufacturers continue to increase their presence in the life-cycle supply chain of consumers to boost profitability and share in markets that are largely stagnant.
  • The global automotive brake fluid market is moderately consolidated in nature with the presence of key manufacturers located in North America, Europe and Asia Pacific. The threat of new entrants is expected to remain moderate during the forecast period. Opportunities for new players is moderate, as they need to adhere to a series of regulatory standards and inspections before product establishment.

Buy Full Report at https://growthmarketreports.com/report/automotive-brake-fluid-market-global-industry-analysis

Report Scope:

Report Metric

Details

Market Value in 2019

USD 2,690.4 Million

Market Growth Rate (from 2020 to 2027)

2.0%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (USD Million) & Volume (Thousand Liter)

Market Segments

By Product Types, By Fluid Types, By Vehicle Types, By Distribution Channel, By Region

Regional Scope

North America, Europe, Asia Pacific, China, Latin America, Middle East & Africa (MEA)

Country Scope

U.S., Canada, Germany, France, Italy, U.K, Spain, Russia, Rest of Europe, China, Japan, South Korea
India, Australia, South East Asia (SEA), Rest of the Asia Pacific Brazil, Mexico, Rest of Latin America, GCC, Iran, South Africa, Rest of Middle East & Africa

Key Companies Profiled

BASF SE, Exxon Mobil Corporation, Chevron Corporation, China FAW Group Co., Ltd., China National Petroleum Corporation, Robert Bosch GmbH, Lubrication Engineers, COPTON Technology Co.,Ltd, Guangdong Delian Group Co., ltd., China Petrochemical Corporation, Kuwait Petroleum Corporation, Honda Motor Co., Inc, Prestone Products, DuPont, Gulf Oil L.P., Clariant, Motul, Castrol Limited, Knorr-Bremse AG

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Automotive brake fluid manufacturers, raw material suppliers, primary respondents, and distributors.
  • Demand Side: Vehicle distributors, vehicle Suppliers, vehicle Rental Companies and auto parts store companies.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: International Standards Organization (ISO), Society of Automotive Engineers (SAE), Federal Motor Vehicle Safety Standards (FMVSS).

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About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.

Tags: Automotive Brake Fluid Industry, Automotive Brake Fluid Market Share, Automotive Brake Fluid Market Trends, Automotive Brake Fluid Market Growth, Automotive Brake Fluid Market Size, Automotive Brake Fluid,  Automotive Brake Fluid Market,  Automotive Brake Fluid Market Analysis,  Automotive Brake Fluid Market Forecast,  Automotive Brake Fluid Market Research, Automotive Brake Fluid Market Report See Campaign: https://growthmarketreports.com/
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Global Hydraulic Cylinder Market Expected to Reach USD 3,561.0 Million by 2027

Global Hydraulic Cylinder Market Key Takeaways-min

According to a recent market study published by Growth Market Reports (GMR), titled, “Global Hydraulic Cylinder Market by Designs, Bore Size, Functions, Industries Applications, and Regions: Size, Share, Trends, and Opportunity Analysis, 2020-2027”, the market was valued at USD 11,569.3 Million in 2019 and is anticipated to expand at a CAGR of 6.3% between 2020 and 2027. In terms of volume, the global hydraulic cylinder market is anticipated to expand at a CAGR of 5.5% during the forecast period. The market is anticipated to grow owing to the increase in the launch of a variety of these fireplaces and growing awareness regarding pollution.

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The global hydraulic cylinder market is fragmented based on designs, bore size, functions, industries applications, and regions. In terms of designs, the market is divided into tie rod cylinder, welded body cylinder, telescopic, and mill type. Based on bore size, the market is segregated into 150 mm. On the basis of functions, the market is bifurcated into single acting and double acting. In terms of applications, the market is fragmented into industrial equipment and mobile equipment. On the basis of industries, the market is classified as construction, aerospace & defense, material handling, agriculture, mining, automotive, marine, oil & gas, and others. Based on regions, the global hydraulic cylinder market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America is bifurcated into the US and Canada. Latin America is segmented into Brazil, Mexico, and Rest of Latin America, while Asia Pacific is sub-segmented into China, Japan, South Korea, Australia, Southeast Asia, and Rest of Asia Pacific. Europe is categorized as Germany, France, Italy, the UK, Spain, Russia, and Rest of Europe. MEA is divided into Saudi Arabia, South Africa, the UAE, and Rest of MEA.

Hydraulic cylinders are also called hydraulic pumps or liner hydraulic motors. These cylinders are used in many fields such as civil engineering, construction machinery, and manufacturing machinery. Moreover, these cylinders help in transferring applications ranging from aviation to construction equipment. Hydraulic cylinders are formed by assembling various components such as piston, head & caps, cylinder, and barrel. These cylinders are available in two forms that are single acting and double acting. Furthermore, hydraulic cylinders are available in various functions and configuration, as each of them are suited for particular applications. These cylinders are selectively used for resisting linear motion under heavy loads. Hence, hydraulic cylinders are used in various industries.

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As per GMR industry analyst Vidya Jadhav, “The global hydraulic cylinder market is anticipated to grow at a substantial pace during forecast period, from 2020 to 2027 due to rapid development in infrastructure and industrialization in developing nations. Moreover, growing demand for lifting equipment in shipping industry is expected to fuel the hydraulic cylinder market.”

Key Takeaways from the Study:

  • The US-based KYB Americas Corporation, Caterpillar, and PARKER HANNIFIN CORP, and Ireland-based company Eaton and held approximately one fifth share of the global hydraulic cylinder market in 2019.
  • The welded hydraulic cylinder segment is expected to grow at a significant pace during the forecasted due to the rise in the deployment of industrial equipment at various project sites.
  • The use of hydraulic cylinder is projected to grow in agricultural equipment due to growth in the agriculture-based economies of Asia Pacific such as Myanmar, Nepal, and India. Moreover, the production of sugarcane, cotton, rice, and wheat, thus driving the demand for agricultural equipment.
  • The adoption of hydraulic cylinders is growing at a significant pace in Canada, due to growing investment in the construction industry and government efforts to strengthen defense and aerospace industries.

Buy Full Report at https://growthmarketreports.com/report/hydraulic-cylinder-market-global-industry-analysis

Report Scope:

Report Metric

Details

Market Value in 2019

USD 11,569.3 Million

Market Growth Rate (from 2020 to 2027)

6.3%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (USD Million) and Volume (Thousand Units)

Market Segments

Designs, Bore Size, Functions, Applications, and Industries

Regional Scope

North America, Europe, Latin America, Asia Pacific, and Middle East & Africa (MEA)

Country Scope

The US, Canada, Brazil, Mexico, Rest of Latin America, China, Japan, South Korea, India, Australia, Southeast Asia, Rest of Asia Pacific, Germany, France, Italy, the UK, Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, the UAE, and Rest of MEA.

Key Companies Profiled

Caterpillar, Eaton, Enerpac Tool Group, HYDAC INTERNATIONAL GmbH, Jiangsu Hengli Hydraulic, KYB Americas Corporation, PARKER HANNIFIN CORP, Robert Bosch GmbH, SMC Corporation, and Wipro Infrastructure Engineering.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Hydraulic cylinder manufacturers, raw material suppliers, primary respondents, and distributors.
  • Demand Side: Construction industry, aerospace & defense industry, material handling industry, agriculture industry, mining industry, automotive industry, marine industry, oil & gas industry, and others
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
  • Associations and Industry Bodies: The International Organization for Standardization (ISO), Ministry of Steel (India), MinEx, China Classification Society (CCS), National Agricultural Safety Database (NASD), Occupational Safety and Health Administration (OSHA), and others.

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