Silicone in Heavy Machinery Market Sales Revenue to Touch $1.9 Billion By 2027 | Major Companies, Strategies and New Trends

Allied Market Research published a report, titled, “Silicone in Heavy Machinery Market by Product Type (Elastomer, Fluids, and Others) and Component (Switchgear and Others): Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report published by Allied Market Research, the global Silicone in heavy machinery industry garnered $1.2 billion in 2019 and is anticipated to reach $1.9 billion by 2027, growing at a CAGR of 5.5% during the forecast period.

Determinants in the market-

Improved properties of liquid silicone rubber and easy processing of LSR boost the growth of the global silicone in heavy machinery market. However, non-recyclable nature of liquid silicone rubber hinder the growth. Conversely, growth in demand for silicone rubber in wind energy sector is expected to create multiple opportunities in the near future.

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Covid-19 Scenarios-

Global silicone in heavy machinery market has undergone a temporary downfall.
The decreased demand for the power and temporary suspension in the upcoming power plant projects have further interrupted the market.
The elastomers segment to dominate the market by 2027-

Based on product type, the elastomers segment contributed to more than two-fifths of the global silicone in heavy machinery market share in 2019 and is anticipated to lead the trail during the study period. This is due to rising demand for silicone elastomer in insulators and cable. On the other hand, the fluids segment would grow at the fastest CAGR of 6.0% by 2027. This is owing to its high thermal stability, high flash point and high fire point compared to other fluid or transformer oil.

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The switchgear segment to lead the trial throughout the forecast period-

Based on component, the switchgear segment held largest market share with nearly two-thirds of the global silicone in heavy machinery market revenue in 2019 and is expected to rule the roost during the forecast period. This is attributed to replacement of aging infrastructure along with investment in new energy projects. Furthermore, the same segment is expected to manifest the fastest CAGR of 4.7% throughout 2027. This is attributed to rise in energy demand in emerging nations from industrial, agriculture, residential, commercial, and transportation sectors.

The Asia-Pacific & Europe, followed by North America to rule the roost by 2027-

Based on geography, the Asia-Pacific and Europe region, followed by North America, dominated the market with major share in 2019, holding nearly one-third of the global silicone in heavy machinery market. Moreover, the Asia-Pacific region is also anticipated to register the fastest CAGR of 5.8% during 2020 to 2027. This is owing to the growing application of silicone in various power plant projects in emerging nations, such as China, India, and South Korea.

The key players profiled-

Dow inc.
Shin-Etsu Silicone
KCC Silicon
Zhejiang XinAn Chemical Industrial Group Co Ltd
Avantor
Stockwell Elastomerics
Wacker Chemie AG
Elkem Silicones
Momentive Performance Materials Inc.

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Quartz Market Projected to Reach $13.61 Billion by 2026 | In-Depth Analysis with Top Key Players

The global quartz market by Product (Quartz Surface & Tile, High-Purity Quartz, Quartz Glass, Quartz Crystal, Quartz Sand, and Other) and End-User Industry (Electronics & Semiconductor, Solar, Buildings & Construction, Medical, Optics & Telecommunication, and Other): Global Opportunity Analysis and Industry Forecast, 2019–2026″. According to the report, the global quartz industry generated $8.23 billion in 2018, and is expected to reach $13.61 billion by 2026, registering a CAGR of 6.4% from 2019 to 2026.

Prime determinants of growth

Surge in usage as grating for pounding glass, sandblasting, and cutting delicate stones and technological advancements drive the global quartz market. However, the expensive nature of quartz hinders the market growth. On the other hand, increase in usage as oscillators in watches & radios and rise in research and development activities present new pathways in the industry.

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The quartz surface and tile segment to maintain its dominance during the forecast period

Based on product, the quartz surface and tile segment contributed to nearly two-fifths of the total share of the global quartz market in 2018, and is expected to maintain its dominance during the forecast period. This is due to increase in usage of quartz for creating building surfaces and as a substitute of granite and marble for its cost-effectiveness. However, the high-purity quartz segment is estimated to register the largest CAGR of 7.9% from 2019 to 2026, owing to increase in usage in semiconductor, solar, fiber optics, and lighting applications.

The electronics and semiconductor segment to maintain its lead position by 2026

Based on application, the electronics and semiconductor segment held the highest market share of the global quartz market, accounting for more than one-fourth of the total share in 2018, and is projected to maintain its lead position during the forecast period. However, the building and construction segment is expected to grow at the highest CAGR of 7.9% from 2019 to 2026, owing to surge in construction activities and usage of quartz in stonework dividers.

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North America to lead during the forecast period

Based on region, North America held the highest market share in terms of revenue, accounting for nearly two-fifths of the global quartz market in 2018, and is expected to lead during the forecast period. This is attributed to surge in demand for electronics and rise in installations of PV solar cells. However, Asia-Pacific is estimated to maintain the fastest CAGR of 7.1% from 2019 to 2026, owing to presence of key players and growth of the electronics and semiconductor industry.

Increase in use of quartz for pounding glass, sandblasting and cutting delicate stones and technological advancements have boosted the growth of the global quartz market. However, its expensive nature hampers the market. On the contrary, surge in usage as oscillators in watches & radios and increase in R&D activities are expected to create lucrative opportunities in the near future.

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Leading market players

Baba Quartz
QQE
Momentive
Saint-Gobain
Creswick Quartz
Quartz Corporation
High Purity Quartz Pty Ltd.
DuPont
Caeserstone

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Cobalt Sulphate Market Demand, Share, Growth, Analysis, Global Industry Overview, 2022-2030

According to the report published by Allied Market Research, the global cobalt sulphate market generated $1.0 billion in 2020, and is projected to reach $1.9 billion by 2030, witnessing a CAGR of 6.4% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

Increase in demand for battery storage product and rise in demand for high performance magnets and inks & dyes drive the growth of the global cobalt sulphate market. However, health related risk associated with inhalation of cobalt sulphate restrains the market to some extent. On the other hand, growth in use of cobalt sulphate in electroplating and ceramic pigment applications presents new opportunities in the upcoming years.

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COVID-19 scenario:

  • The outbreak of the COVID-19 pandemic led to global lockdown and temporary closure of a number of industry verticals, thereby affecting the overall growth of the global cobalt sulphate market.
  • It further disrupted the whole supply chain, leading to difficulty in the supply of raw materials, which in turn, affected the market demand.
  • However, the global cobalt sulphate market is expected to recover soon.

The report offers detailed segmentation of the global cobalt sulphate market based on application and region.

Based on application, the batteries segment held the largest market share in 2020, holding half of the total market share, and is expected to continue its leadership status during the forecast period. However, the magnets segment is projected to register the highest CAGR of 7.1% from 2021 to 2030.

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Based on region, LAMEA contributed to the highest share in terms of revenue in 2020, holding nearly half of the total market share, and is estimated to continue its dominant share by 2030. Moreover, the same region is projected to manifest the fastest CAGR of 7.2% during the forecast period.

Leading players of the global cobalt sulphate market analyzed in the research include Jervois Finland, Ganzhou Tengyuan Cobalt Industrial Co. Ltd., Zhangjiagang Huayi Chemical Co. Ltd., Nantong Xinwei Nickel & Cobalt Hightech Development Co. Ltd., Norilsk Nickel, Umicore, Hunter Chemical LLC, Jiayuan Cobalt Holdings Limited, Merck KGaA, and Jinchuan Group International Resources Co. Ltd.

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Cobalt Alloy Powder Market Size to Reach $490.9 Million by 2030

According to the report published by Allied Market Research, the global cobalt alloy powder market was estimated at $259.1 million in 2020 and is expected to hit at $490.9 million by 2030, registering a CAGR of 6.7% from 2021 to 2030.

The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Rise in demand for cobalt in the automotive and tooling industry and rapid development of 3D printing fuel the growth of the global cobalt alloy powder market. On the other hand, several health hazards associated with cobalt dust impede the growth to some extent. However, innovation in the manufacturing industry is expected to create lucrative opportunities in the sector.

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COVID-19 scenario-

  • Loss of man power and shut down of the majority of industries across the globe led to a sharp decline in demand for cobalt alloy powder based products from the manufacturing industries, especially in the initial phase. This factor impacted the global cobalt alloy powder market negatively.
  • Nevertheless, the overall situation is now getting ameliorated, and the market is anticipated to recoup soon.

The global cobalt alloy powder market is analyzed across product, application, and region. Based on product, the CoCr alloy powder segment accounted for more than two-fifths of the total market share in 2020, and is expected to rule the roost by 2030. The CoCrMo alloy powder segment, on the other hand, would garner the fastest CAGR of 7.2% throughout the forecast period.

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Based on application, the additive manufacturing and 3D printing segment contributed to nearly half of the total market revenue in 2020, and is projected to lead the trail by 2030. The brazing segment, however, would exhibit the fastest CAGR of 7.7% during the forecast period.

Based on region, the market across North America held the major share in 2020, garnering nearly two-fifths of the global market. Simultaneously, the Asia-Pacific region would manifest the fastest CAGR of 9.6% throughout the forecast period. The other provinces discussed in the report include Europe and LAMEA.

The key market players analyzed in the global cobalt alloy powder market report include Eramet, Freeport Cobalt Americas LLC, Sherritt International, Minara Resources Pty Ltd., Mitsui, Norilsk Nickel, Sandvik Materials Technology, Shepherd chemical company, Sumitomo Corporation, and Umicore- Cobalt & Specialty Materials. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

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Floor Coatings Market Statistics 2022: Major Factors that can Increase the Global Demand

 Floor coatings market report, published by Allied Market Research, forecasts that the market is expected to garner $2,612 million by 2022, registering a CAGR of 6.6% during the period 2016-2022. Epoxy-based floor coatings segment is anticipated to remain the highest revenue contributor among other binder types. In the year 2015, Asia-Pacific held the leading position in the market, and is expected to maintain this trend

Floor coatings are gaining increased importance in residential, commercial, and industrial sector, as floors are an essential part of a construction that undergo damages such as spillage; abrasion; and exposure to dust, chemicals, heavy load, and UV light. Further, the prevention provided by the floor coatings promotes their usage at a  platform. Major manufacturers focus on advancement in the technology and development of products that are eco-friendly. Epoxy floor coating is a major binder type used in the global floor coatings market across all the major industries. Rise in awareness related to the benefits provided by the floor coatings in industrial, commercial, and residential spaces, and development of floor coatings in compliance to the environment are the factors that drive the growth of the market.

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The epoxy floor coatings market estimated to reach $1,008 million by 2022, growing at a CAGR of 7.0% from 2016 to 2022. This market is projected to grow at a CAGR of 7.3%, in terms of volume.

The use of metallic epoxies for garage and other commercial floor spaces is the latest trend in the commercial floor coatings market, as they provide high-gloss, metallic finish, which enhances the look of the floor. Moreover, these floor coatings possess properties such as prolonged durability, abrasion resistance, and easy maintenance, giving a finished appearance to the indoor spaces, which further facilitate their adoption globally. Such innovation and product development create a paradigm shift in the market from use of traditional floor coatings toward new advanced floor coating solutions.

Rapid urbanization in the emerging economies, such as India, China, Brazil, and others, has led to upsurge in civil construction activities, which is a key driving factor that promotes the usage of floor coatings in the residential, commercial, and industrial. Moreover, increase in commercial and residential construction activities in the emerging economies, such as India and China, is expected to fuel the market growth in Asia-Pacific.

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Key Findings of the Floor Coatings Market

Epoxy segment occupied the highest share in 2015, and is expected to grow at a high CAGR of 7.0%, in terms of value, during the forecast period.
Residential sector is the leading end user segment for floor coatings in Asia-Pacific, followed by industrial and commercial.
2K-component segment is expected to grow at the highest CAGR of 6.8%, in terms of value.
Wood floor coatings is the leading market for floor coatings in the European region, growing at a CAGR of 6.7%, in terms of value.
Asia-Pacific accounted for the largest share in the global floor coatings market in 2015, and is expected to maintain its leading position, owing to increase in building & construction and automotive manufacturing industries, and improvement in economy. China is projected to grow at the fastest rate, and is projected to remain dominant throughout the forecast period.

The prominent players profiled in this report include BASF SE, Akzo Nobel NV, Tambour, The Dow Chemical Company, The Arkema Group, The Sherwin Williams Company Inc., Maris Polymers, Nora Systems Inc., Asian Paints PPG Pvt. Ltd., and RPM Internationals Inc.

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Singapore Nuclear Medicine Equipment Market Massive Margin Growth Strikes During 2022-2030

Nuclear medicine equipment including PET/CT and SPECT scans are utilized for collect radiation from small radioisotopes that reside into the body. This equipment thus helps in carrying out diagnosis of diseases and analyze the treatment response to the patient. The crucial factors driving the growth of the market include advent of advanced equipment, surge in prevalence of cardiovascular diseases and cancer, increase in investment in modernization of diagnostic imaging centers, and radiotracers developments.

According to the report published by Allied Market Research, Nuclear Medicine Equipment Market by Product Type (SPECT and PET), Application (Neurology, Oncology, Cardiology, and Others), and End User (Hospitals, Imaging Centers, and Academic & Research Institutes) – Global Opportunity Analysis and Industry Forecast, 2022-2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, “Rise in incidence of cancer and cardiovascular diseases, and the need for early diagnosis of these diseases boosts the market growth. In addition, the hospitals segment is expected to dominate other segments as the number of patients visiting hospitals has increased. Moreover, hospitals have the capital required to purchase such expensive equipment.”

Oncology is anticipated to dominate the global nuclear medicine equipment market throughout the analysis period, owing to the rise in incidence of cancer and increase in awareness about its early diagnosis. Neurology segment has witnessed highest growth rate as these equipment are used to diagnose and assess the treatment response for various neurological disorders such as Alzheimers disease, brain death/injury, vascular dementia, stroke and transient ischemic attack, and others.

The hospitals segment accounted for nearly two-fifths of the total market share in 2021, and is estimated to maintain its position during the forecast period. This is due to the growth of the number of patients in hospitals with increase in the occurrence of chronic diseases. Based on region, North America contributed the highest market share in the market in 2021, and is expected maintain its leadership position in the future. This is due to the presence of huge geriatric population, advancements in technology, supportive imbursement policies, and affordability for buying modern and expensive equipment.

North America dominated the market in 2021, and is maintain its position in the future, due to the presence of a large geriatric population, technological advancements, availability of favorable imbursement policies, and affordability to purchase modern and expensive nuclear medicine equipment.

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Key players in the global nuclear medicine equipment market include General Electric Company, Koninklijke Philips N.V., Siemens Aktiengesellschaft, Digirad Corporation, Mediso Medical Imaging Systems, Ltd., Toshiba Corporation, Bozlu Holding, Neusoft Corporation, Compaa Mexicana de Radiologa CGR, S.A. de C.V., and SurgicEye GmbH.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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Asia Pacific IVD Market Scope Trends, Business Strategies and Opportunities with Key Players Analysis 2030

In vitro diagnostics is a technique used to identify several diseases and health conditions in a controlled artificial environment. The wide scope of application in various biological and medical diagnostics industries offers a competitive edge to the IVD device and reagents manufacturers. Likewise, factors such as, increasing government initiatives, growing R&D activities for advanced diagnostics techniques, improving healthcare infrastructure, and rising per capita healthcare expenditure largely drive the Asia Pacific IVD market growth. On the other hand, lack of harmonization in regulatory guidelines coupled with inadequate reimbursement policies and technological barriers are hindering the market growth.

According to the report published by Allied Market Research, Asia Pacific IVD Market by Product Type (Reagents, Instruments, and Software & Services), by Technique (Immunodiagnostics, Blood Testing, Molecular Diagnostics, Tissue Diagnostics, Clinical Chemistry, and Other IVD Techniques), by Application (Infectious Diseases, Cancer, Cardiac Diseases, Immune System Disorders, Nephrological Diseases, Gastrointestinal Diseases, and Other Indications), and by End Users (Standalone Laboratory, Hospitals, Academic and Medical Schools, Point of Care Testing, and Others) – Opportunity Analysis and Industry Forecast, 2022-2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Onkar Sumant, a Manager, Healthcare at Allied Market Research, stated, “Immunodiagnostics occupied the highest share of the market in 2016 and is expected to maintain the lead during the forecast period owing to increase in prevalence of infectious diseases and rise in trend of personalized medicines.”

Japan accounted for more than one-third share in 2021, and is expected to dominate the market throughout the forecast period and is attributed to increase in incidence of communicable and non-communicable diseases such as tuberculosis, diabetes, and cancer and rise in geriatric population, which is susceptible to these diseases and well-established healthcare systems. In addition, lucrative growth opportunities in the economic emerging countries is anticipated to provide new growth opportunities for the key players in the market. However, India is estimated to register the highest growth rate during the forecast period, owing to rise in government healthcare expenditure, increase in per capita income, growth in demand for healthcare devices from large pool of patient population, and improvement in healthcare infrastructure.

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The major players profiled in the Asia-Pacific IVD market are Thermo Fisher Scientific Inc., Alere Inc., Biomerieux, Danaher Corporation, F. Hoffmann-La Roche AG, Becton Dickinson and Company, Bio-Rad Laboratories, Bayer AG, Sysmex Corporation, and Johnson & Johnson among others.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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Offsite Construction Market Outlook 2020- Insights, Growth Analysis, Future Trends, Forecasts To 2030

The offsite construction market is expected to reach $235.4 billion by 2030 from $130.4 billion in 2020, registering a CAGR of 5.9% from 2021 to 2030. In 2020, the North America region dominated the offsite construction market, in terms of revenue, accounting for about 37.50% share of the offsite construction market.

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Major Key Players of the Offsite Construction Market are: ATCO, Anderco Pte. Ltd, Giant Containers Inc, Honomobo Corporation, Lendlease Corporation, SG Blocks Inc, Skanska AB, and Speed House Group of Companies 

Major Types of Offsite Construction covered are: 
Fixed 
Movable 

Major Applications of Offsite Construction covered are: 
Residential 
Commercial 
Industrial 

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Research objectives:- 
– To study and analyze the global Offsite Construction consumption (value & volume) by key regions/countries, product type and application, history data. 
– To understand the structure of the Offsite Construction market by identifying its various sub-segments. 
– Focuses on the key global Offsite Construction manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years. 
– To analyze the Offsite Construction with respect to individual growth trends, future prospects, and their contribution to the total market. 
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). 
– The scope of this report centers on key market analyses, market drivers & challenges, and competitive analysis & trends. Research report examines each market and its applications, regulatory scenario, technological innovations, Offsite Construction market projections, market sizes, and shares. 

Moreover, the Offsite Construction market report examines the most recent trends, pipeline products and developments in the Offsite Construction market. Complete profiles of leading organizations in the market are also mentioned in this report. 

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In the end, Offsite Construction industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Nanocoatings Market Trends, Share, Research Report Study, Regional and Industry Analysis, Forecast to 2022

Nanocoatings Market by Type (Anti-fingerprint, Antimicrobial, Easy-to-Clean & Anti-Fouling, Self-Cleaning {Bionic & Photocatalytic}, Anti-Icing & Deicing, Anticorrosion, Conductive, UV, Abrasion, & Wear Resistant) and Application (Electronics, Energy, Food & Packaging, Construction, Marine Industry, Military & Defense, Automotive, Aerospace, Healthcare): Global Opportunity Analysis and Industry Forecast, 2017–2023”.

According to the report, global nanocoatings market accounted for $5.21 billion in 2017 and is expected to reach $13.09 billion by 2022, registering a CAGR of 21.0% during the forecast period.

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Performance benefits and commercial activities and rise in awareness regarding infection as well as hospital-acquired infections (HAI) have boosted the growth of the global nanocoatings market. However, volatility in the prices of raw materials and hazards to health & environment hamper the market growth. On the contrary, growing healthcare, automotive, and construction markets and display screen of electronics requiring functional coating are expected to create lucrative opportunities in the near future.

The global nanocoatings market is segmented on the basis of type, application, and geography. Based on type, the market is divided into anti-fingerprint, antimicrobial, easy-to-clean & anti-fouling, self-cleaning (bionic & photocatalytic), anti-icing & deicing, anticorrosion, conductive, UV, abrasion, & wear resistant. The self-cleaning (bionic and photocatalytic) segment held the largest share in 2017, contributing more than two-fifths of the total market. However, the anti-corrosion segment is projected to manifest the fastest CAGR of 36.4% during the forecast period.

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On the basis of application, the market is bifurcated into electronics, energy, food & packaging, construction, marine industry, military & defense, automotive, aerospace, healthcare. The electronics segment dominated the market in 2017 in terms of revenue, contributing nearly one-fifth of the market. However, the automotive segment is estimated to register the fastest CAGR of 21.7% during the forecast period.

The global nanocoatings market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2017, accounting for nearly two-fifths of the total market. However, the market across the Asia-Pacific region would register the fastest CAGR of 23.3% through 2023.

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The report provides an in-depth analysis of the major market players such as Nanogate AG, Buhler AG, Bio-Gate AG, Nanophase Technologies Corporation, Surfix BV, Admat Innovations, EIKOS Inc., Nanomech Inc., Duraseal Coatings Company LLC, and CIMA Nanotech.

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Stealth Coating Market to Garner $375.0 Million, Globally, By 2027

Antireflective Coatings Market Reach $4,858 Million by 2022

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Carbide Tools Market Latest Advancements and Demand Analysis by 2030

The global carbide tools market size was valued at $11,300.0 million in 2020, and is projected to reach $18,375.5 million by 2030, registering a CAGR of 4.9% from 2021 to 2030. Carbide cutting tools are an important component of industrial equipment. They are a type of metal cutting tool used on heavy-duty machines including CNC lathes, turret lathes, and engine lathes. Special carbide tips are brazed onto steel metal surfaces and bodies of carbide cutting tools. When compared to standard cutting tools, cutting carbide tools are more wear resistant and have a longer shelf life. Rise in use of carbide tools in industrial applications is one of the main reasons for development of the carbide cutting tool market. 

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Major Key Players of the Carbide Tools Market are: 
Ingersoll Cutting Tool Company, SGS Tool Company, Advent Tool & Manufacturing, Inc., Garr Tool Company, Mitsubishi Materials Corporation, Best Carbide Cutting Tools, Inc., CERATIZIT S.A., PROMAX Tools, Rock River Tool, Inc., and VHF Camfacture AG. 

Major Types of Carbide Tools covered are: 
Drilling tools 
Milling tools 
Turning tools 
Others 

Major  End User Industry of Carbide Tools covered are: 
Automotive 
Electronics & Electrical 
Aerospace, 
Marine & Defense 
Plastics 
Construction & Mining 
Others 

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Research objectives:- 
– To study and analyze the global Carbide Tools consumption (value & volume) by key regions/countries, product type and application, history data. 
– To understand the structure of the Carbide Tools market by identifying its various sub-segments. 
– Focuses on the key global Carbide Tools manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years. 
– To analyze the Carbide Tools with respect to individual growth trends, future prospects, and their contribution to the total market. 
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). 
– The scope of this report centers on key market analyses, market drivers & challenges, and competitive analysis & trends. Research report examines each market and its applications, regulatory scenario, technological innovations, Carbide Tools market projections, market sizes, and shares. 

Moreover, the Carbide Tools market report examines the most recent trends, pipeline products and developments in the Carbide Tools market. Complete profiles of leading organizations in the market are also mentioned in this report. 

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In the end, Carbide Tools industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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