ReleaseWire Connect

A recently compiled research report of Fact.MR envisages the global ceiling tiles market to record a splendid 9.1% volume CAGR in the forecast period, 2017 to 2026. Worldwide ceiling tiles sales are foreseen to close in on approximately US$ 50,000 Mn by 2026-end.

Aluminum foil is finding large application in packaging in the food industry. Aluminum foil is widely used as a compact storage for electric charges. Nowadays, aluminum foil is being merged with flexible films to create lightweight packages. This allows packages to expand during packaging and contract as soon as the product is consumed. Manufacturers are focusing on producing a top quality of aluminum foil packages. However, a small change in the process can impact the product quality. Hence, machines and techniques used in aluminium foil packages are well tested, researched and developed.

Floorings made of wood and laminates have a key role in enhancing the physical appearance of constructed spaces such as homes, apartments, restaurants, and offices. The demand for wood and laminate floorings continues to gain traction for being offered at low price point and at negligible maintenance costs. Fact.MR's new forecast study offers comprehensive analysis on the expansion of the global wood and laminate flooring market for the assessment period, 2017-2026. According to the study, the global wood and laminate flooring market is expected to touch a valuation of US$ 8.8 Bn by the end of 2026. Over the forecast period, the global market for wood and laminate floorings is expected to expand at a CAGR of 4.8% in terms of volume.

The stationary fuel cell systems market will record a hefty 17.9% y-o-y over 2018 to reach over US$ 2,159 million by the end of 2019, reveals a recent market study published by Fact.MR. The study offers a holistic assessment on various market dynamics and macro and micro-economic factors that are influencing adoption of stationary fuel cell systems in various industrial verticals.

The oil & gas pumps market is likely to witness sluggish growth, with global demand surpassing 9 million units by the end of 2018, according to a latest report by Fact.MR. Rising demand for oil and gas is resulting in the growing demand for equipment such as oil & gas pumps. End-users in oil and gas industries are demanding efficient oil & gas pumps to ensure smooth operation and to meet stringent emission standards.

With soaring vehicle production and sales, the applicability and adoption of electrical equipment are also witnessing a consistent rise globally. While automatic, quantitative fuel injection systems have already substituted conventional carburetors, micro motors are also rapidly replacing the anti-lock braking systems (ABS), which is foreseen to account for remarkable sales of micro motor within the automotive industry. Automotive sector has been the early adopter of micro motor for inducing luxury, owing to its easy operability. Escalating demand for automotive sophistication and luxurious driving features will continue to push micro motor deployment in vehicles throughout the forecast period.

Gear measuring machines market sales grew at a modest rate in the period 2013-2018, and the modest growth is likely to continue during 2018-2028, according to a latest study by Fact.MR. Volume growth is likely to hover around 2.5% CAGR through 2028 equaling a market value in excess of US$ 500 Mn. The study finds that despite the fragmented nature of the market, top five players continue to collectively account for a revenue share of over 35%.

Flash dryers have gained paramount importance as an inexpensive solution to drying of granular materials and powders, with prominent manufacturers introducing systems that can withstand higher temperatures. Shorter material retention time is a key aspect which has driven product developments that feature greater temperature resistance. Key players in the flash dryers market have launched several equipment variants integrated with sophisticated techniques to ensure smooth material and hot air feeding into the main chamber.

The belt scale market is likely to be valued at approximately US$ 970 million in 2019, witnessing a growth of over 3%. The steady growth in the belt scale market will be driven by a combination of macroeconomic and industry-specific factors, including growing demand for bulk material handling for increased production.

A new research report of Fact.MR foresees the global autoclaved aerated concrete (AAC) market to reflect a modest 4.3% volume CAGR between the period 2017 and 2026. Over US$ 7 Bn worth of autoclaved aerated concrete are forecast to be sold globally by 2026-end.