U.S. Commercial Heating Equipment Market Outlook On The Basis Of Product, Building Floor Space, Region And Forecast From 2023 to 2030: Grand View Research Inc.

San Francisco, 28 June 2023: The Report U.S. Commercial Heating Equipment Market Size, Share & Trends Analysis Report By Product (Heat Pump), By Building Floorspace, By End-use (Residential, Industrial, Commercial), By Region And Segment Forecasts, 2023 – 2030

The U.S. commercial heating equipment market size is anticipated to reach USD 2.13 billion by 2030, registering a CAGR of 4.8% from 2023 to 2030 according to a new report by Grand View Research, Inc. The favorable government initiatives such as rebates and incentives for the installation of highly energy-efficient heating products such as heat pumps are projected to have a positive impact on the market.

The increasing adoption of heat pumps in retail shops, hotels, offices, and healthcare facilities is projected to boost the demand for heat pumps in the commercial sector over the forecast period. Furthermore, in all climates, heat pumps provide an energy-efficient replacement for furnaces and air conditioners. When compared to traditional heating or cooling equipment, heat pumps can provide an identical level of area conditioning at a fourth of the operational cost.

The heating equipment enclosures are often constructed from various metal sheets that have been cut to the correct dimensions and bent into various forms and configurations. Tube bending machines bend thin copper or aluminum tubes around curved dies to form condensers and evaporators. These tubes function as heat exchangers by allowing working fluids to circulate through them. Heat pumps, on the other hand, comprise other components such as tubes, brackets, and valves. This heating equipment is coated with corrosion-resistant paints or powders.

The market is extremely competitive, and the companies operating in this market face the risk of losing their businesses due to a variety of reasons, such as price changes, product performance, geographic presence, and customer services. External factors such as variations in commercial construction activities, changes in regulations, fluctuations in labor costs, variations in interest rates, and volatility in foreign currency exchange rates, along with the impact of various political issues, also significantly affect the revenues of commercial heating equipment manufacturers.

End users of heating equipment in the U.S. comprise residential, commercial, and industrial establishments. Residential establishments utilize heating systems for space heating, water heating, and other utility purposes, while commercial and industrial establishments require heating equipment for manufacturing, space heating, and smelting processes. Industrial buyers focus on factors such as energy and operational cost savings, maintenance cost, and product lifespan while purchasing heating equipment.

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U.S. Commercial Heating Equipment Market Report Highlights

• The heat pump segment accounted for 34.1% of the U.S. commercial heating equipment revenue share in 2022. Heat pumps provide an energy-efficient replacement for furnaces and air conditioners. Compared to traditional heating or cooling equipment, heat pumps can provide an identical level of area conditioning at a fourth of the operational cost. As they offer both energy-efficient heating and cooling and are zero-carbon technologies, heat pumps are in high demand. To enhance production and improve its R&D skills in new generation heat pump technology, Mitsubishi Electric Corporation’s subsidiary Mitsubishi Electric Air Conditioning Systems Europe invested over USD 19.9 million in its UK manufacturing plant in Scotland
• Boilers that condense water are very similar to those that do not. Condensing and non-condensing boilers heat the air that is introduced using gas but the feature that distinguishes a condensing boiler from a non-condensing boiler is the exhaust. It is seen that condensing boilers transfer surplus water vapor and gas from the first heat exchanger chamber to a second one where it can be used once more. Instead of the white emissions that non-condensing boilers produce, the second exchanger chamber enables the emissions that eventually emerge to be clear or undetectable. For instance, ACV provides a wide selection of condensing boilers ranging from 18 kW to 300 kW wall-hung and floor-standing appliances. These aforementioned factors drive the demand for boilers over the forecast period
• 25,001 to 50,000 sq. ft building floorspace segment is expected to grow at the fastest CAGR of 5.8% during the forecasted years. Small commercial buildings, and those with floor spaces of between 25,001 square feet to 50,000 square feet, account for 94% of all commercial buildings in the U.S., which consume around 8% of the country’s primary energy. As a result, they present a huge untapped market for energy efficiency. For instance, the National Institute of Building Sciences (NIBS) estimated that the market for small commercial retrofits was worth USD 35.6 billion
• West region accounted for 23.0% of the U.S. commercial heating equipment revenue share in 2022. The commercial heating equipment market in the Western U.S. is expected to grow at a CAGR of 4.3% over the forecast period. The growth of the market in this region can be attributed to a large number of commercial construction projects underway in the Western U.S., with an emphasis on the development of green buildings, hotels, stores, malls, and office spaces that require commercial heating equipment
• In November 2022, Carrier Corporationacquired Toshiba Corporation. With this acquisition, Carrier Corporation is expected to have opportunities to expand in the rapidly expanding energy-efficient VRF and heat pump markets

U.S. Commercial Heating Equipment Market

Report Attribute	Details
Revenue forecast in 2030	USD 2.13 billion
Growth Rate	CAGR of 4.8% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2022
Forecast period	2023 – 2030

List of Key Players in the U.S. Commercial Heating Equipment Market

• Carrier Corporation
• Mitsubishi Electric Corporation
• Emerson Electric Co.
• Ingersoll-Rand Plc
• Daikin Industries, Ltd.
• Rheem Manufacturing
• Lennox International
• Johnson Controls, Inc.
• Robert Bosch GmbH
• Viessmann Group

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https://www.grandviewresearch.com/press-release/us-commercial-heating-equipment-market-analysis

Specialty Gas Market Segment Analysis By Product, Application, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 28 June 2023: The Report Specialty Gas Market Size, Share & Trends Analysis Report By Product (Ultra-high Purity Gases, Carbon Gases), By Application (Electronics, Healthcare), By Region (Europe, Asia Pacific), And Segment Forecasts, 2023 – 2030

The global specialty gas market size is anticipated to reach USD 21.81 billion by 2030, expanding at a CAGR of 7.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing product adoption in electronics, manufacturing, and healthcare applications is anticipated to drive market growth. A rise in spending by governments across the globe to upgrade healthcare facilities acts as one of the major factors driving the growth of the market for specialty gas. The increased demand for flat panel displays and semiconductor devices boosts market growth. The widespread use of specialty gas as a cleaning gas for thermal chemical vapor deposition for high-tech thin films is driving their demand. The COVID-19 pandemic negatively impacted the global market.

The pandemic disrupted the whole supply chain causing a shortage of raw materials required for the consumer electronics, food & beverage, petrochemical, and manufacturing industries. The lower production in these industries also negatively impacted the demand for specialty gases. Asia Pacific dominated the market and accounted for the largest market share of 38.5% in 2022 and is expected to retain its dominance over the forecast period. The region dominates electronic and semiconductor manufacturing. China is a manufacturing powerhouse that ranks as the world’s top producer of automobiles, manufacturing, semiconductors, and other significant end-use industries. The dominant presence of various end-use industries in the region is contributing to the market growth.

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Specialty Gas Market Report Highlights

• Based on product, the carbon gases segment accounted for the largest revenue share of 30.2% in 2022 and is expected to retain its dominance over the forecast period. Carbon dioxide and carbon monoxide, in particular, are in high demand in the market because of their common use in a variety of industrial applications
• For example, carbon dioxide in solid and liquid form is used for refrigeration and cooling. Furthermore, it is useful as an inert gas in chemical processes, carbon powder storage, and fire extinguishers. In the metals business, carbon dioxide is used to strengthen the hardness of casting molds
• Based on application, the electronics segment is expected to grow at a CAGR of 8.3% over the forecast period. The growth of this segment can be attributed to the increasing demand for specialty gases in the production of a variety of electronic devices and components, including semiconductors, display devices, LED panels, and solar panels
• In November 2022, Air Liquide S.A. announced its plan to innovate and produce renewable and low-carbon hydrogen at the Grandpuits zero crude with TotalEnergies. The company invested approximately USD 140 million to develop a new low-carbon hydrogen unit with a capacity of manufacturing more than 20,000 tons per year

List of Key Players of Specialty Gas Market

• Air Products and Chemicals, Inc.
• Air Liquide
• Messer Group GmbH
• Linde plc
• Taiyo Nippon Sanso Corporation
• MESA Specialty Gases & Equipment
• Weldstar
• Norco Inc.
• Coregas
• Showa Denko K. K.

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Waterproofing Membranes Market Focusing On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 27 June 2023: The Report Waterproofing Membranes Market Size, Share & Trends Analysis Report By Product (Liquid Applied, Sheet (PVC, EPDM)), By Application (Roofing, Building), By Region, And Segment Forecasts, 2023 – 2030

The global waterproofing membranes market size is likely to reach USD 40.15 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2023 to 2030. Growing advancement in infrastructure and construction activities coupled with a rise in demand for wastewater and water management is expected to drive the market. Biomembranes are expected to witness a high adoption trend in the coming future owing to the increasing product demand in green-building construction. In addition, government support to replace old buildings with new ones is opening new growth avenues for the construction industry, which, in turn, is adding growth to the market.

The market is highly dependent upon the dynamic of the raw material supply chain. Although all types of products including cementitious, bituminous, polyurethane, and others are used for manufacturing waterproofing membranes, cementitious liquid applied membrane and bituminous sheet membranes are the most commonly used waterproofing membrane in the market. The industry exhibits several mature players controlling the significant market share. However, increasing competition from a large number of small and local manufacturers from Asia Pacific is expected to increase the market competition. The market players put high stress on using sustainable raw materials to ensure an environmentally friendly image to their clients.

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Waterproofing Membranes Market Report Highlights

• The liquid applied membrane product segment led the market and accounted for more than 63.9% share of the global revenue in 2022, on account of its thermal-reflective properties for any exterior surface application
• The polyurethane liquid applied waterproofing membrane segment is expected to witness the fastest CAGR of 9.1% in terms of revenue during the forecast period, owing to seamless finish and easy and fast installation procedure
• The roofing application segment held the largest revenue share of 31.8% in 2022., owing to its high exposure to changing climatic conditions and leakages across residential, commercial, and industrial buildings
• Asia Pacific accounted for the largest revenue share of 32.1% in 2022., owing to increasing investment in residential and commercial construction due to rapid industrialization and growing population
• The majority of the manufacturers have started emphasizing sustainable and corrosive protective raw materials for producing waterproofing membranes to increase their market presence. In addition, growing infrastructure in the developing markets of China, India, Brazil, and others are adding rapid growth to the construction sector, thereby adding growth prospects for the market

Waterproofing Membranes Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 24.54 billion
Revenue forecast in 2030	USD 40.15 billion
Growth Rate	CAGR of 7.1% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of Waterproofing Membranes Market

• BASF SE
• Kemper System America, Inc.
• GAF Materials Corporation
• Paul Bauder GmbH & Co. KG
• CICO Technologies Ltd.
• Fosroc Ltd
• GAF Materials Corporation
• Alchimica Building Chemicals
• Maris Polymers
• Isomat S.A.
• Bayer MaterialScience AG

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Thermal Paper Market Segmented On The Basis Of Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 27 June 2023: The Report Thermal Paper Market Size, Share & Trends Analysis Report By Application (POS, Tags & Label, Lottery & Gaming), By Region (Asia Pacific, North America, Middle East & Africa, Europe), And Segment Forecasts, 2023 – 2030

The global thermal paper market size is expected to reach USD 5.56 billion by 2030, registering a CAGR of 4.2% over the forecast years, as per a new report by Grand View Research Inc. This growth is attributed to the rising usage of POS terminals for monetary transactions in applications such as warehouses, supermarkets, and retail outlets.

Thermal papers are majorly used in printing receipts at POS terminals and in the production of tags used by industries such as pharmaceuticals and food and beverages to package and label their end-use products. Thermal papers are preferred over other modes of printing due to the lower cost of production, and maintenance of the printing set-up due to the lack of use of ribbons and ink in the printing process.

The increasing use of retail outlets and supermarkets in developing economies such as China, Brazil, and India are expected to augment the growth of the market during the forecast period. The rising demand for specialty paper in packaging by e-commerce and logistics market players is also expected to help in the market growth. However, rising digitalization and increasing substitute products are expected to restrict the market growth.

Growing demand for food & beverage, FMCG, and electronics goods in the Middle East and African countries considering population growth and urbanization in major markets of Saudi Arabia, UAE, and Qatar is expected to increase the use of POS terminals, tags, and labels. In addition, favorable support for promoting investments at the domestic level is expected to have a positive impact on the market growth in the region.

The market is anticipated to witness strong competition during the forecast period on account of the growing demand for thermal paper from the end-use industries such as ATMs, e-commerce industries, retail, and others. Public and private companies operating in the market are increasingly investing in the development of new products and new manufacturing technologies to optimize the production process. They are also focusing on expanding their production facilities to maintain their supply chain for thermal paper.

Major players in the industry have established production units in different regions to cater to specific geographical locations. They also use other distribution channels in local regions such as agreements with roll-converters to ensure continuous product supply. Manufacturers also engage in direct supply to end-users such as POS and label manufacturers.

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Thermal Paper Market Report Highlights

• POS application segment dominated the market with a market share of 64.3% in terms of revenue in 2022 due to expansions in retail outlets in emerging economies in the Asia Pacific region.
• The tags and labels application segment is expected to show significant growth during the forecast period due to the rising e-commerce sector which has led to a rise in the use of thermal papers for labels and packaging.
• The Asia Pacific dominated the market with a market share of about 34.2% in terms of volume due to the increased investment in the region in manufacturing industries leading to a rise in demand for thermal paper.
• Central and South America are expected to show significant growth during the forecast period due to the rising manufacturing and industrial activities in the region leading to a rise in the use of thermal paper in labeling.
• The market is expected to show slow growth due to the increase in digitalization and reduced use of printing across end-uses such as monetary transactions. The presence of internal substitutes is also expected to hamper market growth.
• The market consists of limited players who control most of the global market. Strategies followed by key players include vertical integration, localized production units, and product innovation to gain a competitive edge in the market. 

Thermal Paper Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 4.15 billion
Revenue forecast in 2030	USD 5.56 billion
Growth rate	CAGR of 4.2% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of the Thermal Paper Market

• Oji Holdings Corp.
• Appvion Inc
• Koehler Group
• Mitsubishi Paper Mills Ltd.
• Hansol Paper Co. Ltd.
• Gold Huasheng Paper Co. Ltd.
• Henan Province JiangHe Paper Co. Ltd.
• Thermal Solutions International Inc.
• Iconex LLC
• Twin Rivers Paper Company
• Rotolificio Bergamasco Srl
• Jujo Thermal Ltd.

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U.S. & Europe Aluminum Foil Market In-Depth Research On Basis By Product, End-use, Region And Forecast To 2030 : Grand View Research Inc.

San Francisco, 27 June 2023: The Report U.S. & Europe Aluminum Foil Market Size, Share & Trends Analysis Report By Product (Wrapper Foils, Foil Lids), By End-use (Packaging, Industrial), By Region, And Segment Forecasts, 2023 – 2030

The U.S. & Europe aluminum foil market size is expected to reach USD 12.86 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 5.0% over the forecast period. Growing income levels and improving economic conditions will support market growth in both regions. In addition, the growing Electrical Vehicle (EV) industry is anticipated to significantly impact market development. Based on end-uses, the market is segmented into packaging and industrial. The product finds use in lithium-ion batteries in the production of cathode foil. Hence, the increasing production of EVs is anticipated to drive product consumption in electric battery applications.

For instance, in December 2021, VinFast announced an investment of USD 173.7 million to build an electric battery manufacturing plant in Hai Phong, Vietnam. The facility is expected to have an annual production capacity of 100,000 units. The packaging end-use industry dominated the market in 2022. Aluminum foil-based products are widely used in packaging end-uses as they protect packed goods against light, oxygen, moisture, and bacteria. They are primarily used for the packaging of tobacco, food & beverages, pharmaceuticals, and cosmetics. Aluminum foil is considered an ideal material for packaging food & beverages as it is lightweight, easily recyclable, and flexible. Thus, the rising investments in the food & beverage sector are expected to augment the market growth over the forecast period.

For instance, in September 2021, PepsiCo laid the foundation for constructing one of its largest food manufacturing facilities in Poland. The project is worth USD 220 million, and the construction is expected to get completed by 2025. The investment is aimed at expanding the production capacity of its food portfolio, including Doritos corn chips, and Lay’s fried & oven-baked chips, to meet the growing demand. The market is competitive with the presence of numerous players. Expansion is one of the key strategies adopted by the key players. For instance, in August 2022, LOTTE Chemicals established a joint venture facility with LOTTE Aluminum for producing aluminum foil. The new facility will produce cathode foil (ultra-thin aluminum foil) to be used in EV batteries. The facility is expected to have an annual production capacity of 36 kilotons.

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U.S. & Europe Aluminum Foil Market Report Highlights

• The wrapper foils product segment held the largest revenue share in 2022 due to the unique properties of wrapper foils, such as easy usage, superior barrier qualities, and low weight & cost
• The foil lids segment accounted for the second-largest share in 2022 owing to its wide application in the food & beverages, cosmetics, pharmaceuticals, and toiletries industries for sealing glass and plastic containers
• Based on end-uses, the packaging segment held the largest share in 2022 on account of a wide scope of application of the product in the food & beverage packaging segment
• The market is fragmented with the presence of several global players. The industry also comprises a few medium- and small-scale players operating in different parts of the country

U.S. & Europe Aluminum Foil Market Report Scope

Report Attribute	Details
Revenue forecast in 2030	USD 12.86 billion
Growth rate	CAGR of 5.0% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of U.S. & Europe Aluminum Foil Market

• Dongwon Systems
• GLS Group
• Hangzhou Dingsheng Industrial Group Co. Ltd.
• Hindalco Industries Ltd.
• Jindal (India) Ltd.
• LKSB Aluminum Foils
• Nanshan
• Qualityfoil sarl
• Raviraj Foils Ltd.
• Shyam Metalics
• SNTO (Suntown Technology Group Corp. Ltd.)
• Sparsh Industries

Access Press Release of U.S. & Europe Aluminum Foil Market @ https://www.grandviewresearch.com/press-release/us-europe-aluminum-foil-market-analysis

Lead Acid Battery Market Outlook On The Basis Of Product, Construction Method, Application, Region And Forecast From 2023 to 2030

San Francisco, 27 June 2023: The Report Lead Acid Battery Market Size, Share & Trends Analysis Report By Product (SLI, Stationary, Motive), By Construction Method (Flooded, VRLA), By Application, By Region, And Segment Forecasts, 2023 – 2030

The global lead acid battery market size is expected to reach USD 55.23 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2023 to 2030.

Lead-acid batteries have been used in a wide range of applications for many years, and there is a well-established infrastructure for manufacturing, distribution, and recycling. This makes them a convenient and cost-effective choice for many applications.

While lead-acid batteries are a mature technology, there have been significant improvements in recent years, such as the development of valve-regulated lead-acid (VRLA) batteries that offer improved performance and longer service life. This is expected to boost the demand for lead acid batteries for the forecast period.

Lead-acid batteries are relatively inexpensive compared to other battery technologies, making them an attractive option for applications that require a large amount of energy storage. Large scale production capabilities from market players have a reduced the prices by achieving economies of scale and increasing production efficiency. The demand from low cost consumer electronics is expected to drive the market from 2023 to 2030.

The automotive segment led the market for lead acid batteries and is expected to maintenance its dominance over the forecast period.The extensive usage of lead acid batteries in the automotive sector is expected to grow as a result of rising automotive sector globally.

The market is likely to witness strategic alliances to expand end-user segments in emerging markets. Market players are expected to increase their production capacities owing to Increasing demand from the automotive and consumer electronics sectors.

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Lead Acid Battery Market Report Highlights

• In terms of revenue, the SLI batteries of accounted for a significant share in the market in 2022 and is further expected to witness steady growth over the forecast period
• Asia Pacific region is projected to grow at a substantial rate throughout the forecast period. Japan is expected to account for the maximum share in the Asia-Pacific region
• Automotive segment dominated the industry, accounting for 58.92% of total market revenue in 2022
• Flooded segment accounted for the largest share of 65.66% in the market in 2022
• North America is likely to display a substantial growth rate during the projected period

Lead Acid Battery Market Report Scope

Report Attribute	Details
Market Size value in 2023	USD 40,274.9 million
Revenue forecast in 2030	USD 55.23 billion
Growth rate	CAGR of 4.6% from 2023 to 2030
Base year for estimation	2022
Actual estimates/Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of the Lead Acid Battery Market

• East Penn Manufacturing Co.,
• Exide Technologies, Johnson Controls
• ATLASBX Co. Ltd.
• NorthStar, C&D Technologies, Inc.
• Narada Power Source Co., Ltd.
• Amara Raja Corporation
• GS Yuasa Corp
• Crown Battery Manufacturing
• Leoch International Technology Ltd.
• Panasonic Corporation

Access Press Release of Lead Acid Battery Market @ https://www.grandviewresearch.com/press-release/global-lead-acid-battery-market 

Insulation Market Segment Analysis By Product, End-Use, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 27 June 2023: The Report Insulation Market Size, Share & Trends Analysis Report By Product (Glass Wool, Mineral Wool, EPS, XPS, CMS Fibers), By End-use (Construction, Industrial, HVAC & OEM), By Region, And Segment Forecasts, 2023 – 2030

The global insulation market size is expected to reach USD 102.47 billion by 2030, registering a CAGR of 6.6% according to a new report by Grand View Research, Inc. Rapid urbanization & industrialization and rising population in developing countries are estimated to boost the market growth in the projected period. Government initiatives to promote energy efficiency and sustainable development through insulation technologies are estimated to fuel the product demand from the industrial end-use segment. Initiatives through the Weatherization Assistance Program (WAP) by the U.S. government through federal funding to encourage the use of thermal insulation in low-income households are likely to drive the market growth in the North America region.

Strict insulation codes and laws effectuated by the European regulatory authorities have increased awareness about rising energy costs and the need for energy efficiency. The demand for industrial insulation is also estimated to exhibit high growth owing to the growing thermal energy production, which calls for the extensive need for insulation to maximize efficiency. In addition, the market in the U.S. is expected to benefit from recovering nonresidential building construction expenditures, particularly in the office and commercial segments. The rising awareness levels regarding environmentally friendly construction practices are expected to propel the product demand with an aim to reduce energy consumption.

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Insulation Market Report Highlights

• EPS insulation emerged as the largest product segment and accounted for a 27.3% share of the global revenue in 2021
• The segment is estimated to continue its dominance over the forecast period due to the high demand for EPS on account of its lightweight and high-tensile plastic foam insulation property
• Glass wool is expected to be the second-largest product segment by 2030 owing to its thermal and acoustic insulation properties, such as high tensile strength
• China accounted for a dominant share of the Asia Pacific regional market in 2021. The market is expected to expand at a significant CAGR during the forecasted years due to the rising oil production in the country
• The market is highly competitive owing to the presence of several multinational players that are primarily consolidated in Europe and North America, whereas Asia Pacific exhibits a limited presence of established players

Insulation Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 65.11 billion
Revenue forecast in 2030	USD 102.47 billion
Growth Rate	CAGR of 6.6% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2022
Forecast period	2023 – 2030

List of Key Players of Insulation Market

• GAF Materials Corporation
• Huntsman International LLC
• Johns Manville
• Cellofoam North America, Inc.
• Rockwool International A/S
• DuPont
• Owens Corning
• Atlas Roofing Corporation
• Saint-Gobain S.A.
• Kingspan Group
• BASF
• Knauf Insulation

Access Press Release of Insulation Market @ https://www.grandviewresearch.com/press-release/global-insulation-market

Industrial Display Market Outlook On The Basis Of Type, Application, Technology, Panel Size, End-Use, Region And Forecast From 2023 to 2030: Grand View Research Inc.

San Francisco, 26 June 2023: The Report Industrial Display Market Size, Share & Trends Analysis Report By Type (Rugged, Open Frame), By Application (HMI, Remote Monitoring), By Technology, By Panel Size, By End-use, By Region, And Segment Forecasts, 2023 – 2030

The global industrial display market size is expected toreach USD 8,656.3 million by 2030, expanding at 6.5% CAGR from 2023 to 2030, according to a new study by Grand View Research, Inc. As industrial operations and processes have become more complicated, industrial displays have become essential for streamlining operational tasks and providing improved functionality.

The global industrial display industry greatly benefits from the increasing demand for Human Machine Interface (HMI) applications in the manufacturing and process industries. HMIs and other screens enable monitoring production operations effectively, cutting down on downtime and raising worker productivity. The market is growing due to the increased demand for digital signage applications across several industry verticals. The capacity of HMI-enabled industrial displays to give real-time data on crucial parameters, enabling operators to make data-driven decisions rapidly, is one of their main advantages.

OLED displays are anticipated to become more popular due to their improved picture quality and reduced power usage. Digital signs and display boards that demonstrate the operational status on industrial floors frequently utilize this technology. Solution providers have started to offer IIoT application platforms with devices and services for industrial displays. For example, American Industrial Systems, Inc. (AIS) provides open-platform computing solutions for IIoT, making it easier for industrial businesses, factories, transportation & logistics, buildings, and smart cities to use these solutions.

The industrial sector is continuously developing and adapting to meet changing requirements, fueled by technological advancements. Cutting-edge innovations in this sector include technologies like Thin-Film-Transistor (TFT) Liquid Crystal Display (LCD), Low-Temperature Poly-Silicon (LTPS), Digital Light Processing (DLP), and Color Filter (CF). The demand for multi-functional Human-Machine Interfaces (HMIs) and intelligent touch screen displays continues to fuel the technological progress and innovation.

Nevertheless, regulations overseeing the production and distribution of industrial displays can vary by region and country. For example, the European Union’s Law on the Restriction of Hazardous Substances (RoHS) prohibits the use of cadmium, lead, mercury, hexavalent chromium, and flame retardants such as Polybrominated Diphenyl Ethers (PBDE) or Polybrominated Biphenyls (PBB) in electronic equipment.

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Industrial Display Market Report Highlights

• The HMI application segment is expected to account for the largest revenue share in the overall market by 2030, expanding at a CAGR of 5.9% over the forecast period
• Over the forecast period, there is a significant expected increase in demand for industrial displays in the chemical, oil, and gas industry segment, as well as in the energy and power industry segment
• The increasing demand for digital signage applications presents several opportunities for the industrial display industry. Digital signage is being increasingly used for advertising and promotional purposes across a range of industries. With the rise of the e-commerce sector and the rapid decline of the traditional brick-and-mortar retail sector, businesses are turning to digital signage to attract customers and promote their products and services
• The LCD technology is widely used across all devices; however, the e-paper technology is anticipated to witness a high growth over the forecast period

Industrial Display Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 5,576.0 million
Revenue forecast in 2030	USD 8,656.3 million
Growth Rate	CAGR of 6.5% from 2023 to 2030
Base year for estimation	2022
Historical period	2017 – 2021
Forecast period	2023 – 2030

List of Key Players in the Industrial Display Market

• Samsung Display
• LG Display Co., Ltd.
• Advantech Co., Ltd.
• Pepperl+Fuchs GmbH
• WinMate, Inc.
• Planar Systems, Inc.
• Maple Systems, INC.
• Sharp NEC Display Solutions, Ltd.
• Innolux Corporation
• Japan Display, Inc.
• Siemens AG

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Geosynthetics Market Segmented On The Basis Of Product, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 26 June 2023: The Report Geosynthetics Market Size, Share & Trends Analysis Report By Product (Geotextiles, Geomembranes, Geogrids), By Region (North America, Europe, APAC, MEA), And Segment Forecasts, 2023 – 2030

The global geosynthetics market size is expected to reach USD 24.59 billion by 2030, registering a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Rapid infrastructure development in emerging economies, such as India and Brazil, is anticipated to fuel the market growth over the forecast period. Infrastructure development in India, China, and the Middle East in light of regulatory inclination to increase expenditure on road transport is expected to drive the market. The European Union directive 2008/98/EC sets the basic regulations for waste management and ways for efficient landfill containment.

This regulatory inclination in Europe is expected to increase the application of geosynthetics in the near future. The product is widely used for base reinforcement, separation, and stabilization of roads and pavements. These products also find application in subsurface drainage systems for dewatering, road base, and structure drainage. The market is characterized by the presence of large-scale manufacturers catering to the global demand. The demand for geosynthetics is high in developing economies including India and China, owing to the sanction and commencement of infrastructural development projects in the developing economies. Key market players are undertaking mergers and collaborations to expand their reach and increase production capacity, thereby advancing their market share.

Access Research Report of Geosynthetics Market @ https://www.grandviewresearch.com/industry-analysis/geosynthetics-market

Geosynthetics Market Report Highlights

• Geotextiles led the market and accounted for more than 48.54% share of the revenue in 2022.a
• Geocells is expected to be the fastest-growing product segment during the forecast period. The product is used in multiple military operations including the construction of bridge approach roads over soft ground, transportation of heavy equipment, and filling of the construction materials
• The geonet segment is projected to register the second-fastest growth rate from 2022 to 2030
• The high product demand is attributed to its wide application scope coupled with its use for the reinforcement of layers during road construction as well as during the restoration of existing roads
• Asia Pacific region accounted for the maximum market share in 2022 owing to the rapid urbanization in emerging countries, such as India and China, boosting the demand for soil reinforcement in the foundation work of residential buildings

Geosynthetics Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 15.53 billion
Revenue forecast in 2030	USD 24.59 billion
Growth rate	CAGR of 6.7% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players in Geosynthetics Market

• GSE Holdings, Inc.
• Koninklijke Ten Cate N.V.
• Officine Maccaferri S.p.A.
• NAUE GmbH & Co. KG
• Propex Operating Company, LLC
• Low and Bonar PLC
• TENAX Group
• Fibertex Nonwovens A/S
• Global Synthetics
• AGRU America
• TYPAR
• HUESKER Group
• PRS Geo-Technologies
• Tensar International Corporation
• Solmax

Access Press Release of Geosynthetics Market @ https://www.grandviewresearch.com/press-release/global-geosynthetics-market

Industrial Hemp Market Focusing On The Basis Of Product, Application, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 26 June 2023: The Report Industrial Hemp Market Size, Share & Trends Analysis Report By Product (Seeds, Fiber, Shivs), By Application (Animal Care, Textiles, Food & Beverages, Construction Materials, Personal Care), By Region, And Segment Forecasts, 2023 – 2030

The global industrial hemp market size is expected to reach USD 16.75 billion by 2030, registering a CAGR of 17.1% according to a new report by Grand View Research, Inc. The rising product demand from industries, such as agriculture, textiles, personal care, recycling, furniture, food & beverage, paper, and construction materials, is projected to propel market growth. Hemp is increasingly being used in medicinal products and nutritional supplements. The high nutritional values and beneficial fatty acid and protein profile of hemp are driving the demand for hemp products in the market. In addition, hemp oil is used in shampoos, soaps, lotions, bath gels, and other cosmetics, further benefiting the industry growth.

The strength to weight ratio, high tensile strength, and flexural strength of industrial hemp offer desired benefits in bio-composites for automotive parts, fiberboard, aerospace, and packaging. Furthermore, the product demand from the textile, paper, and building materials markets is growing on account of its favorable acoustic and aesthetic properties. The rising demand for eco-friendly products in construction materials, fiberglass alternatives, thermal insulation, and automotive products is expected to promote market growth. The growing demand for technical products, such as varnishes, oil paints, fuel, solvents, chain-saw lubricants, printing inks, putty, and coatings, is expected to have a positive impact on the market growth.

Access Research Report of Industrial Hemp Market @ https://www.grandviewresearch.com/industry-analysis/industrial-hemp-market

Industrial Hemp Market Report Highlights

• The seeds product segment accounted for the maximum revenue share in 2022 owing to the increased product usage in nutritional supplements &medicinal and therapeutic products, such as pharmaceuticals
• The product demand in the personal care industry is anticipated to grow at the fastest CAGR from 2022 to 2030 as it increases the skin’s natural ability to retain moisture
• The animal care segment also accounted for a significant revenue share in 2021 on account of the high demand for hemp shivs and leaves in animal bedding as their low dust properties make it highly preferable for animals having respiratory issues
• The market for industrial hemp in North America is expected to grow at the fastest CAGR from 2022 to 2030 owing to the legalization of hemp production coupled with the technological advancements in harvesting and use of hemp fiber and hurds
• Asian countries, such as China, have a significant tradition of hemp production and exports, which has allowed these countries to dominate the global market

Industrial Hemp Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 5,507.2 million
Revenue forecast in 2030	USD 16.75 billion
Growth rate	CAGR of 17.1% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players of Industrial Hemp Market

• Parkland Industrial Hemp Growers Cooperative Ltd. (PIHG)
• CBD Biotechnology Co., Ltd.
• Botanical Genetics, LLC
• Marijuana Company of America Inc.
• HempMedsBrasil
• Terra Tech Corp
• American Cannabis Company, Inc.
• HempFlax B.V.
• Industrial Hemp Manufacturing, LLC
• American Hemp
• Hemp, Inc.
• Boring Hemp Company
• Plains Industrial Hemp Processing Ltd.
• Ecofiber
• Valley Bio Ltd.

Access Press Release of Industrial Hemp Market @ https://www.grandviewresearch.com/press-release/global-industrial-hemp-market