The Portable Filtration Systems Market Is Projected To Reach USD 621.4 Million By 2022, At A CAGR Of 3.93%, From 2017 To 2022

The Portable Filtration Systems Market Is Projected To Reach USD 621.4 Million By 2022, At A CAGR Of 3.93%, From 2017 To 2022

PR Newswire

LONDON, Nov. 20, 2017 /PRNewswire/ — “The portable filtration systems market is projected to grow at a CAGR of 3.93%, from 2017 to 2022”

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The portable filtration systems market is projected to reach USD 621.4 million by 2022, at a CAGR of 3.93%, from 2017 to 2022. Stringent government and environmental regulations, addition in power generation capacity, rapid industrialization, and growth in manufacturing activities are the major drivers of the portable filtration systems market.
Factors, such as availability of cheaper alternatives and emerging renewable energy sources along with lack of product information can hinder the growth in the portable filtration systems market.

“The power generation end-user segment, is expected to grow at the highest CAGR, from 2017 to 2022”

The power generation, is likely to grow at the highest CAGR, during 2017 to 2022. It led the portable filtration systems market in 2016 and is projected to dominate the market during the forecast period.
This particular market is expected to grow in the future as a result of the rapid expansion in the power generation capacities of countries, such as India and China have led to a high demand for portable filtration systems. Moreover, the North American power generation industry is mature and old thermal power generation facilities are being replaced with advanced eco-friendly power generation facilities, which is further expected to drive the demand for portable filtration systems in North America.

“The 0–10 GPM flow rate segment is expected to hold the largest share of the portable filtration systems market during the forecast period”
The 0–10 GPM segment is expected to lead the portable filtration systems market, by flow rate from 2017 to 2022. The segment finds application in most industrial processes where fluid filtration is required due to comparatively less cost of small portable filtration systems with low flow rates and a high to medium viscosity range.

Asia Pacific: The largest market for portable filtration systems”
The market in Asia Pacific is currently the largest market for portable filtration systems, followed by North America. The market in Asia Pacific is primarily driven by China and India. Asia Pacific is the largest consumer of portable filtration systems in the world owing to large number of power generation plants and refineries in the region. Moreover, China has also established itself as an industrial country with its industrial zone contributing more than 45% to the country’s GDP. Growing industrial investments and developments in the region have enormously amplified power generation and consumption, making it one of the most productive markets for portable filtration system manufacturers.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
– By Company Type: Tier 1- 47%, Tier 2- 34%, and Tier 3- 19%
– By Designation: C-Level- 42%, Manager Level- 39%, and D-Level- 19%
– By Region: North America– 35%, Asia Pacific– 30%, Europe– 20%, Middle East-10%, and RoW- 5%

Notes: The tier for companies has been defined on the basis of their total revenue, as of 2016: Tier 1=>USD 5 billion, Tier 2=from USD 1 billion to USD 5 billion, and Tier 3=

Leading players in the portable filtration systems market include Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), Donaldson Company (US), HYDAC International (Germany), Walter Stauffenberg (Germany), and Y2K Fluid Power (US).

Research Coverage:
The report defines, describes, and forecasts the global portable filtration systems market by technology, flow rate, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues. It also covers various important aspects of the market.

Why buy this report?
The report identifies and addresses key technology providers for portable filtration systems which would help service providers, review the growth in the demand for services.
The report helps system providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

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Tel: +44 208 816 85 48
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The Global Vinyl Ester Market is Projected to Grow From USD 810.6 Million in 2017 to USD 1,080.0 Million by 2022, At A CAGR Of 5.9% From 2017 to 2022

The Global Vinyl Ester Market is Projected to Grow From USD 810.6 Million in 2017 to USD 1,080.0 Million by 2022, At A CAGR Of 5.9% From 2017 to 2022

PR Newswire

LONDON, Nov. 20, 2017 /PRNewswire/ – “The vinyl ester market is projected to grow at a CAGR of 5.9% from 2017 to 2022”

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The global vinyl ester market is projected to grow from USD 810.6 million in 2017 to USD 1,080.0 million by 2022, at a CAGR of 5.9% from 2017 to 2022. The constant demand for vinyl esters from the chemical and water & wastewater treatment end-use industries is the main driver for the growth of the vinyl ester market. The rising demand for flue-gas desulfurization (FGD) installations due to environmental concerns has also contributed to the growth of the vinyl ester market.

“The FGD & Precipitators segment is expected to be the fastest-growing end-use segment of the vinyl ester market during the forecast period”
Vinyl ester resins are used in FGD processes in absorber vessels, slurry piping, ductwork, and stack liners. Major applications of vinyl ester resins in FGD processes include limestone slurry piping and stack liners. These resins are used in both new and retrofit FGD applications, and in flake glass lining systems.

North America to hold the largest market share, while Asia Pacific is expected to be the fastest-growing market for vinyl ester during the forecast period”
The US is the largest market for vinyl esters in the North American region, in terms of value and volume, due to the presence of established chemical, water & wastewater, marine, and automotive industries. The key wastewater treatment end-use industries in the US include energy, mining, and oil & gas.

Asia Pacific is expected to be the fastest-growing market for vinyl ester during the forecast period. The reason for this growth is the high demand for vinyl esters from the growing manufacturing industry in China. Environmental regulations on harmful emissions are increasing the demand for FGD systems, which use vinyl ester linings for protection from corrosion.

Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 – 42 %, Tier 2 – 25%, Tier 3 – 33%
  • By Designation: C level – 33%, Director level – 25%, Others – 42%
  • By Region: North America – 44%, Europe – 25%, Asia Pacific – 19%, Middle East & Africa – 6%, South America – 6%

As part of a qualitative analysis, the research provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by market players, such as Ashland Global Holdings Inc. (US), Interplastic Corporation (US), Reinchhold LLC 2 (US), Sino Polymer Co., Ltd. (China), Swancor Holding Company Limited (Taiwan), AOC, LLC (US), Showa Denko K.K. (Germany), and Polynt (Germany).

Research Coverage:
The report defines, segments, and projects the vinyl ester market based on type, end use, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, opportunities, and industry-specific challenges. It also strategically profiles key players and comprehensively analyzes their market shares and core competencies. The report analyzes competitive developments, such as partnerships, contracts, and joint ventures; mergers & acquisitions; expansions; new product launches; and research & development activities undertaken by key players to achieve growth in the market.

Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them the closest approximations of revenue numbers for the overall vinyl ester market and its subsegments. This report will help stakeholders to better understand the competitive landscape and gain insights to better position their businesses and make suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide information on key market drivers, restraints, challenges, and opportunities.

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About Reportbuyer
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Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

 

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Proximity Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022

Proximity Sensors Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022

PR Newswire

LONDON, Nov. 20, 2017 /PRNewswire/ — Global Proximity Sensors Market: Overview

Increasing demand for accurate detection of the hindrances in vehicles has led to an upsurge in adoption of the proximity sensors globally. Manufacturers in the automotive industry are increasingly integrating the proximity sensors in the doors of the vehicle in order to enable quick access in the vehicles. Adoption of the proximity sensors is also expected to rev up in the aviation industry attributed to electromagnetic and ultrasound features.

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Global Proximity Sensors Market: Market Players

The report provides an in-depth insight on various important aspects of the global proximity sensors market while providing critical analysis on the competitive landscape, important segments in the market, growth patterns and factors fuelling growth of the global market. According to the report, the global proximity sensors market is expected to reflect an impressive growth attributed to increasing demand in the healthcare industry, automotive industry and aviation industry.

Growth of the global proximity sensors market is mainly bound to various macro-economic and micro-economic factors. The report reveals that the global proximity sensors market is mainly driven by growing need for accurate detection in the vehicles in order to prevent collisions is expected to impact growth of the global market positively. Growing need for safely parking vehicles has led to a surge in adoption of proximity sensors in the automotive industry. Increasing demand for safe transportation of the commercial goods and commodities in the global market has led to manufacturers in the shipping industry to integrate proximity sensors in ships and submarines.

Moreover, growing need to monitor the routes in the aviation and shipping industry continues to fuel sales of the proximity sensors. Attributed to the electromagnetic and ultrasound features has led the manufacturers in the aviation and shipping industry to rev up demand for the proximity sensors globally. Significant adoption of the proximity sensors is expected to contribute towards growth of the global proximity sensors market positively.

Proximity sensors further continue to witness continue to witness considerable demand in the electronic industry. In an attempt to offer enhanced user interactive features, manufacturers in the electronic industry are increasingly integrating proximity sensors. Integration of proximity sensors in the electronic industry enables the end users to operate the electronic devices conveniently. These factors are expected to contribute towards growth of the global proximity sensors market.

Besides the shipping, electronic and aviation industry, growth of the global market is expected to be bound by the surge in demand for enhanced medical devices. Attributed to pulse oximetry features, manufacturers are increasingly embedding the proximity sensors in the medical devices. Pulse oximetry features enable the heart rate monitors to perform the photoplethysmography procedure conveniently. Medical devices such as glucose monitors, ECG/KCG monitors and blood pressure monitors are also integrated with the proximity sensors. These factors are expected to contribute towards growth of the global proximity sensors significantly. Further, unprecedented weather conditions is likely to inhibit the operations of the proximity sensors. Bound to these factors, the global proximity sensors market is expected to witness significant growth.

Global Proximity Sensors Market: Segmentation

The global proximity sensors market is expected to be segmented on the basis of product type, technology and end use industry. On the basis of the product type, the global market is segmented as fixed distance and adjustable distance. By end use industry, the global market is segmented as automotive, consumer electronics, food & beverages, industrial manufacturing, pharmaceuticals and defense & aerospace. Based on technology, the global market is segmented as inductive, capacitive, infrared and time of flight.

Global Proximity Sensors Market: Key Players

Market players in the global market of proximity sensors include Broadcom Limited, IFM Electronic GmbH, Schneider Electric SE, Panasonic Corporation, Hans Turck GmbH & Co., KG, Rockwell Automation, Inc., OMRON Corp., Honeywell International Inc., Fargo Controls, Inc., and AMETEK, Inc.

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About Reportbuyer
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Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

 

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