ReleaseWire Connect

The India pipeline thermal insulation materials market is expected to register significant growth in the near future, primarily due to the rapid industrial growth being driven by favourable government policies and initiatives, such as "Make in India" initiative, and attractive foreign direct investment (FDI) policies. Moreover, the rapidly growing chemical and petrochemicals industry is set to create lucrative growth opportunities in the India pipeline thermal insulation materials market over the forecast period. The pipeline thermal insulation materials market in the country is highly fragmented with a number of small scale manufacturers and is characterized by the intense rivalry among companies. Intense competition exerts price pressure in the pipeline thermal insulation materials market.

Increasing incidence of obesity worldwide is resulting in consumers seeking low fat or fat-free foods & beverages products. Increasing number of food and beverages manufacturers are using protein-based, carbohydrate-based, and lipid-based fat replacers. However, as fat replacers alone cannot meet essential attributes, food product manufacturers are also providing a combination of reduced fat products and fat replacers. Majority of the fat replacers in the fat replacer market are reformulations of previously used food ingredients. Moreover, manufacturers in the food replacer market are formulating a new variety of fat replacer ingredients by using advanced technologies.

The growth in demand for renewable forms of energy has been one of the key factors for the growth of gas insulated switchgears market. The Global Gas Insulated Switchgears Market is projected to cross revenues of US$ 30 Bn by 2028, at a CAGR of more than 8%. Effective solutions offered by gas insulated switchgears include space constraints and safety attributes, to the transmission and distribution sector has been further augmenting its market growth. The rapidly growing commercial and industrial sectors have led to a constant demand for low voltage gas insulated switchgears. Asia-Pacific accounts for the highest revenues in the gas insulated switchgears market, followed by North America and Europe. The large population in Asia-Pacific, which is constantly multiplying has been the key reason for the growth of gas insulated switchgears market in the region.

Some of the greatest challenges for the sector to develop sustainable solutions without compromising on the fundamentals. In the past couple of years, there has been a concentrated effort to develop new construction technologies as well as materials, which also saw the emergence for construction polymers such as polyurethanes for cold storage insulated metal panel which provides impressive insulation, in turn, minimizing energy requirements resulting in reduction of carbon footprint. In the forthcoming years, adoption of such cutting-edge construction materials utilizing minimum of raw material yet retaining strength and durability is anticipated to escalate demand for cold storage insulated metal panel. High investment for cold chain expansion, setting up of mega food parks, providing tax benefits and establishing National centre for cold chain development will further provide impetus for cold storage insulated metal panel market in the developing regions of South Asia as well as around the world.

The iron and steel industry is continuously broadening its vision and reaching new heights. With modern infrastructures becoming more advanced, need for effective and more efficient technology is higher than ever before. The growing demand for power is prompting the sector to scout for innovative solutions. Coke dry quenching are heat recovery system used particularly in iron and steel plants. Coke dry quenching recovers heat from red hot coke during quenching process. With the help of coke dry quenching system the recovered heat is used for production of steam and electricity. Coke dry quenching system consists of cooling tower and waste heat recovery boiler. Nowadays Coke Dry Quenching Market fully automated with advanced process control and optimization systems. Coke dry quenching technology was introduces in 1970's and is now used worldwide in iron and steel plants. A positive outlook can be seen for coke dry quenching during the forecast period.

The rising awareness about the risks of boating without proper accessories has led to a rise in the demand for Bilge Pump Market. The boat owners now are aligning their attention towards checking the factors that may lead their boat to sink. The number of boats with covered bilge has been increasing, which has fueled the demand for bilge pumps globally. While Asia-Pacific stands as the largest market for bilge pumps, the demand has been increasing at a fast pace in North America.      

The report provides analysis and forecast on the cook-in-bags market for the period between 2018 and 2028.

Air drill is used for most robust pneumatic applications in construction, agriculture, and mining industries. Due to the durability and versatility, the air drills are in massive demand across sectors. Also, the air drills are low cost and more efficient as compared to conventional drills.  The increase in the need for reversible air drills in industrial as well as agriculture applications is boosting the growth of Air Drills Market. The air drills are most widely used in agriculture, forestry, mining, and other industries. The air drills are operated by air pressure that is used for breaking hard surfaces. The air drills are flexible and lightweight and are used mainly for high-pressure pneumatic applications. Also, the air drills have a longer service life as compared to conventional drills. This is one of the factors that can create demand for air drills for industrial and other applications.

FactMR published an exclusive forecast report for the Catamaran market between 2018 and 2027.

The Fact.MR report analyzes opportunities brimming in the polypropylene woven bags and sacks market space over the forecast period of 2018-2028.