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According to a new report published by Allied Market Research, titled, “Jet mill market type and end user industry: global opportunity analysis and industry forecast, 2020–2027,” the global jet mill market size is expected to reach $185.7 million in 2027 from $138.7 million in 2019, growing at a CAGR of 4.9% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 40.0% share of the jet mill market.

The Key Players:

• Erich NETZSCH GmbH & Co. Holding KG,
• Fluid Energy Processing and Equipment Company,
• Freund, Ltd.,
• Hosokawa Micron Corporation,
• Kurimoto, Ltd.,
• Promas Engineers Private Limited,
• Shandong Alpa Powder Technology Co., Ltd.,
• The Jet Pulverizer Company, Inc.,
•  Kunshan Unique Machinery Co., Ltd.,
• Midas Microtech Engineering Private Limited

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Jet milling is a primary particle size reduction process, which utilizes compressed, high pressure air to generate high velocity collision between material particles that reduces its size. Jet mills are often used in chemicals, polymers, ceramics, and other industries for grinding friable material, which has the tendency to break into smaller pieces. Average particle size obtained from jet mills can range between 1 and 10 micron.

The COVID-19 pandemic has negatively affected the jet mill market mainly due to halt in international trade, prolonged lockdowns, and ceased manufacturing processes. In addition, major end-user manufacturing companies located in countries such as the U.S., China, Germany, and the UK are also facing financial impacts due to halted production, which is expected to hinder growth of the jet mill market in 2020.

Asia-Pacific is the highest contributor in the jet mill market trends. China and Japan held majority of the share in jet mill production, owing to high focus manufacturing of highly developed and low-cost machines.

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In addition, increase in demand for jet mills from developing nations in Asia-Pacific from growing food & beverages, pharmaceuticals, chemical, and other manufacturing industries is expected to drive the jet mill market growth.  

On the basis of end user industry, the chemical segment holds a major market share, owing to the increase in demand for abrasives and chemicals. Rise in focus on 3D printing technologies also boosts demand for micron sized particles, which can be obtained using jet mills.

The global jet mill market is segmented into type, end-user industry, and region. On the basis of type, the market is categorized into spiral jet mill, flat jet mill, opposed jet mill, target jet mill, and fluidized bed opposed jet mill. By end user industry, it is classified into chemical, pharmaceutical, food & beverages, textile, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific held the largest market share during 2019, and is expected to grow at the fastest rate throughout the forecast period.

Key Findings Of The Study

• By type, the others segment dominated the jet mill market share in 2019.
• Depending on end user industry, the others segment garnered major share of the market in 2019.
• Region wise, Asia-Pacific dominated the market analysis in 2019.  

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According to a new report published by Allied Market Research, titled, “Fiberglass Doors Market,” The fiberglass doors market size was valued at $12.3 billion in 2021, and is estimated to reach $30.2 billion by 2031, growing at a CAGR of 9.3% from 2022 to 2031.

A fiberglass door is made up of compression molded fiberglass. The high density of this strong material gives the door its long durability without losing the required flexibility and appearance. Fiberglass doors are a strong alternative to wood doors. It has three major components, such as the frame, core, and skin. The frame is usually made of wood or a high-strength composite material. The core is filled with a polyurethane insulating foam for both insulation and soundproofing.

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The demand for doors is largely driven by the increase in multifamily housing trends; rise in adoption of fiberglass doors in commercial sector; and development of energy-efficient doors. Fiberglass doors are found in hotels and restaurants. These doors can rarely be scratched, peeled, or warped, and offer more cold weather advantages owing to their insulation properties. The adoption of these doors is relatively moderate as compared to fiberboard and solid wood doors. However, this material is widely utilized as it is least affected by harsh environments as compared to other materials. Moreover, escalation in industrialization and urbanization in economies, which include India and Africa, is expected to cater to the development of the doors market. Further, a surge in consumer expenditure on home renovation and enhancement activities and improvements in new construction activities are expected to provide remunerative growth opportunities for the market players.

Major players have adopted product launches, partnerships, and acquisitions as key strategies to sustain the competition and improve the product portfolio. For instance, in January 2022, Therma-Tru, partnered with LARSON to introduce the impression integrated storm & entry door system, and it is designed to outperform expectations. The system features premium quality and seamless style. Such factors is anticipated to boost the fiberglass doors market growth.

As a result, Asia-Pacific accounted for the highest share of the global fiberglass doors market share in terms of revenue in 2021. This isowing to increased investment in tourism by private as well as public sector has also led to the increased construction activities, thereby; creating a demand and boost the fiberglass doors market opportunities.

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However, during the COVID-19 pandemic, various manufacturers in the fiberglass doors market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of fiberglass doors companies. In addition, lack of manpower and raw materials constrained the supply for raw materials of fiberglass doors, which negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to the re-opening of fiberglass doors companies.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global fiberglass doors market trends and dynamics.
• Depending on product type, the exterior segment has dominated the fiberglass doors market in terms of revenue in 2021, while the interior is projected to grow at a significant CAGR during the forecast period.
• By end user, the non-residential segment is expected to register the highest revenue in 2021.
• Asia-Pacific is projected to register the highest growth rate in the coming years.
• The key players within the global fiberglass doors market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand competitive outlook of the fiberglass doors industry.
• The fiberglass doors market forecast analysis from 2022 to 2031 is included in the report.
• In-depth global fiberglass doors market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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According to a new report published by Allied Market Research, titled, “Facility Management Services Market,” The facility management services market size was valued at $1,253.30 billion in 2020, and is estimated to reach $2,525.10 billion by 2030, growing at a CAGR of 7.1% from 2021 to 2030.

Facility management services grows the value of the property by offering different maintenance arrangements. Besides, these services offer the more vital returns over the real estate to land proprietors through organizational and value-added arrangements. The facility management services maintains the functional and monetary objectives of the owners. The services include applications, such as security, plumbing, electrical solutions, and cleaning for various purposes.

The Top Key Players:

• Group Atalian (Arthur McKay & Co Ltd.),
• BVG India Ltd.,
• CBRE Group, Inc.,
• EMCOR Group, Inc.,
• ISS World Services A/S,
• Knight Facilities Management,
• Quess Corp Ltd.,
• Sodexo, Inc.,
• Downer Group (Spotless Group),
•  Tenon Group.

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Rise in spending over construction projects drives the facility management services market growth. The growing investment is due to rise in demand for the development of commercial and residential properties. Such investments include services such as maintenance, cleaning and landscaping. Hence, the growing spending towards construction drives the growth of the market. In addition, the urban population in developing countries is on the rise. Countries such as India, Africa, and China demand for commercial and residential buildings owing to rise in urbanization. Moreover, this leads to the growth of various industries, including petroleum, mining, transportation, and pharmaceuticals. The growing industrial sector demands for maintenance operations of the facilities on timely basis. Hence, rise in urbanization drives the growth of the market. Moreover, awareness towards safeguarding the assets and properties by different companies and organizations is growing, which leads to adoption of maintenance and security solutions, which is expected to drive the growth of the facility management services market.

However, lack of education in different developing countries restrains the growth of the market. Lack of education leads to shortage of skilled workforce and low understanding of facility management services. In addition, many companies make use of outsourced facility management services instead of in-house services. Thus, hampering the growth of the market.

The outbreak of COVID-19 led to halt in logistic and manufacturing activities across the globe, which, in turn, led to interruption of supply chain, thereby hindering growth of the facility management services market. However, this situation is expected to improve as governments globally are relaxing norms for resuming business activities.

On the contrary, advancement of technology owing to use of Internet of Things (IoT) provides better security, which is predicted to create lucrative opportunities for companies operating in the  market. In addition, different initiatives by governments lead to rise in investments over commercial and railway projects. This in turn, is expected to offer new opportunities for the facility management service providers.

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The facility management services market is segmented on the basis of service type, type, end user, and region. By service type, the market is bifurcated into a property, cleaning, security, catering, and others. By type, the market is segmented into outsourced and in-house. By end user, the market is divided into commercial, institutional, public/ infrastructure, industrial, and others.

Region-wise, the facility management services market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Facility management services market share, and LAMEA is anticipated to secure a leading position during the forecast period.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global facility management services market trends and dynamics.
• By service type, the property segment was the largest revenue generator in 2020.
• By type, the in-house segment generated the highest revenue in 2020.
• By end user, the commercial segment dominated the market in 2020.
• Region-wise, Asia-Pacific is anticipated to dominate the facility management services industry during the forecast period.
• The global facility management services market opportunity analysis from 2021 to 2030 is included in the report.

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