Spray Drying Equipment Industry to Grow owing to its Multiple Benefits

19th September 2019: Spray drying is a technique to produce a dry powder from liquid or slurry using hot air. This spray drying equipment is mainly used for drying thermally sensitive materials such as food and pharmaceuticals products. 

Two-Stage Segment Accounted for the Largest Share in 2018

Various segments in the spray drying equipment market are multi-stage, two-stage, and single-stage. The two-stage segment accounted for a high market share in 2018 and is anticipated to maintain its dominance over the forecast period. Due to their low manufacturing cost without compromising the quality of the product, the demand for spray dryer equipment increased thereby leading to the growth of the segment. In addition, the two-stage dryers are also used by the large- and medium-scale industrial manufacturers since the equipment has the capacity to process a range of feedstock volumes. 

On the other hand, the multi-stage segment is anticipated to record the highest CAGR throughout the forthcoming period. This is due to their benefits, such as the capacity to regulate the drop-in pressure between the first phase and final phase of the spray drying procedure rapidly and to yield products devoid of dust along with desired dispersibility. Also, demand in the bulk manufacturing of dried powders with maximum thermal efficiency is anticipated to propel the sector in the forthcoming period. 

Market Insights:

The companies are focusing on increasing their geographical footprint in developing economies. For example, Dedert Corporation has a new food ingredient spray dryer commissioned in Indonesia, which would increase the production capacity of food ingredient sweeteners, essential for infant formula, to 4,000kg/h. These company has installed spray drying equipment at the new plant of Archer Daniels Midland Company in China. The manufacturing capacity of this new plant is 15,000 metric tons/year.

Key players operating in the spray drying equipment market include G. Larsson Starch Technology AB; GEA Group Aktiengesellschaft; SPX FLOW, Inc.; Hemraj Enterprises; Equipment Co., Ltd.; New AVM Systech Pvt. Ltd.; BÜCHI Labor Technik AG; Tetra Pak International S.A.; and Saka Engineering Systems Private Limited.

Reduced Energy Consumption and Comfort Fuels HVAC Systems Industry

10th September 2019: Heating, Ventilating, and Air Conditioning, also known as HVAC systems, control distribution of air and alter humidity level. The systems use advanced technologies such as automated control systems, Internet of Things (IoT), and remote control access. The HVAC systems market constitutes of devices used for both indoor and outdoor purposes in residential and commercial places as air conditioning units, heating, and for ventilation. The system also ensures air purification and provides clean and pollution free air.

                                                                                                                                                  

R&D Boosts Energy Efficient Air Conditioners’ Sales

HVAC units are required in industrial and commercial buildings along with being incorporated into new construction. The commercial segment is anticipated to attain highest CAGR over the forecast period as rising demand for commercial space has fueled the need for heating, ventilation, and cooling systems. Commercial HVAC units require significant amount of space and are responsible for highest energy consumption. These units are generally placed on rooftops of theaters, hotels, restaurants, shopping malls, and commercial offices. With advantages such as affordability and high performance, new energy-efficient units are being installed into many residential complexes and businesses to replace the old ones. 

Next-generation technologies are being used for HVAC systems to provide convenience and to reduce energy consumption. These technologies include IoT sensors, hybrid HVAC units, and remote control systems. This is an important factor contributing to the market growth over the forecast period. Manufacturers and key players are investing in R&D to develop energy-efficient units systems to stay ahead of the competition. 

For instance, ice-powered air conditioning systems developed by a California-based company provided six hours of cooling generated by freezing water and reduced energy consumption of the building overnight. 

Market Insights

Increasing urbanization coupled with advanced heating and ventilation systems are factors responsible for driving the growth of the market. Various government entities promote the use of HVAC units by offering incentives and discounts, which is anticipated to fuel the growth of the market. Leading companies and several government entities are promoting HVAC systems through labels like ENERGY STAR. Some of the top companies in HVAC systems market are Lennox International, Inc.; LG Electronics, Inc.; Samsung Electronics Co. Ltd.; Carrier Corporation; Johnson Controls International PLC; United Technologies Corporation; and Daikin Industries Ltd.

Industrial Air Filtration to Reduce Maintenance Cost

Growing requirement for maintenance of indoor and outdoor air across manufacturing facilities is anticipated to propel demand for industrial air filtration. Air filters are likely to protect advanced and sensitive manufacturing processes by reducing contaminations present in the air. These contaminations can be microbiological and molecular in nature. In addition, air filters can also reduce harmful emissions in various manufacturing processes. 

Innovative HEPA Filter for Hospitals  

Major product-variants of industrial air filtration are dust collectors, baghouse filters, high frequency particulate air (HEPA) filters, mist collectors, and cartridge collectors & filters. HEPA filters are expected to gain traction among consumers owing to their ability to remove hazardous contaminants from air. Such filters can reduce or eliminate toxin, radioactive particles, air borne bacteria, and viruses from air. HEPA filters can be used in hospitals, pharmaceutical labs, nuclear plants, and facilities where healthy environment is must. To cater to rising demand for HEPA filters, most manufacturing companies are likely to invest in R&D activities to develop advanced products.

For instance, GE Healthcare is expected to offer HEPA filter named MaxiStop. This filter can be used in intensive care unit, operating room, and other respiratory care environments in hospitals. It can provide high quality protection from different types of microorganisms present in air. In addition, it can reduce transfer of bacteria between equipment and patients up to 99.9999%.  

Market Insights

The global industrial air filtration market is anticipated to reach USD 6.08 billion by 2025, according to a report by Grand View Research, Inc. Rising adoption of air filters in air handling and conditioning units to eliminate contaminants can propel market growth. Strict regulations pertaining to safety and health in manufacturing facilities can stimulate growth of market. Increasing use of innovative filtration techniques to protect equipment and reduce maintenance cost is anticipated to drive market expansion. Rising demand for products offering high efficiency and performance to boost sales can augment market growth. Growing environment concerns attributed to rising industrialization can spur growth of market. In addition, advent of technologically advanced air filters offering high efficiency is anticipated to impel market growth. Moreover, introduction of advanced raw materials like small fibers to produce air filters can impel market expansion during the forecast period (20114 to 2025).      

Some of the leading companies operating in the market for industrial air filtration are Ingersoll Rand PLC, Andrew Industries Limited, General Electric, Gardner Denver, and Atlas Copco.

Compressed Air Treatment Equipment to Eliminate Contaminants

Thursday, 4 December 2018

Growing need for advanced technology that can clean air inside compressors used in manufacturing facilities are anticipated to propel demand for compressed air treatment equipment. Such equipment can remove humidity and oil aerosols present in the air and deliver clean compressed air.

Advanced OME to Filter Oil Aerosols from Air

Major product variants of compressed air treatment equipment are dryers, filters, and aftercoolers. Filters segment is projected to witness significant growth over the forecast period attributed to their efficiency to clean compressed air. Innovative design concepts offered by manufacturing companies are likely to be based on safety, performance, efficiency, flexibility, and usage. High performance filters can reduce pressure loss by 40 to 50% attributed to advanced filtration technology. Such factors can propel demand for filters that can clean compressed air to best possible level.

For instance, Kaeser Compressors is expected to offer oil mist eliminator (OME) that can filter water droplets and oil aerosols from compressed air systems. Additional features can include long cartridge life, maintenance free performance, and low pressure drop. The device can provide excellent protection and filtration with extremely low pressure. Generally, 72% of oil aerosols present in 100 psig air system are likely to have size less than 5 microns and 50% are below 1 micron in size. Oil droplets of this size can easily pass through airline filters and mechanical separators. To resolve this problem, Kaeser specifically designed this OME to filter oil droplets down to down to 0.5 ppm w/w.  

Market Insights

The global compressed air treatment equipment market is anticipated to reach USD 11.2 billion by 2025, according to a report by Grand View Research, Inc. Growing adoption of technology advanced air treatment equipment to keep compressed air system in favorable state and reduce humidity can augment market growth. Air leaving the compressor is likely to reach 100 percent humidity level. Compressed air treatment equipment can remove this humidity and offer dry air for end-use applications. Shifting preference for compressors equipped with air treatment technology over regular compressors can propel market growth. Atmospheric air inside manufacturing units can contain contaminants such as moisture, particulate, and hydrocarbons. This, in turn, can propel demand for advanced equipment that can remove these contaminants and deliver clean air. In addition, wear particles and oil carryover present inside compressors can also contaminate compressed air coming out of them. This factor can further boost demand for equipment that can remove these contaminants and provide clean compressed air during the forecast period (2014 to 2025).  

Some of the leading companies operating in the market for compressed air treatment equipment are Beko Technologies, Chicago Pneumatic, Boge Compressors, Atlas Copco Corporation, and Gardner Denver.

Chlorine Compressors: An Efficient Component for Natural Gas Extraction

Chlorine compressors are components required for continuous production of chlorine, a key raw material used in the manufacturing of various organic and inorganic chemicals and paper & pulp. Its demand in various end-use sectors such as water treatment, food, aluminum, soap, and energy has considerably widened its scope. The rising shift toward the energy-efficient technologies from mercury cell technology in Europe to reduce carbon emissions can lead to its future adoption in other regions. Centrifugal compressor and liquid ring compressor are the two major types of chlorine compressors.

Liquid Compressors to be the Largest Type Segment

The liquid ring compressors segment is anticipated to capture the major industry share by 2025 on account to its capacity to handle chlorine in liquid form. Rising preference of liquid compressors in various industries such as plastics and polymers, nuclear power plants, and petrochemicals is expected to bolster the segment’s growth. In addition, prevention of metal to metal contact during runtime is an added advantage. For instance, the GARO compressors by Garden Denver Nash use sulfuric acid in its systems to prevent metal corrosion.

The centrifugal compressors segment is also expected to have a significant growth due to demand for energy-efficiency and reduced downtime. Demand for natural gases in the oil and gas sector is projected to generate revenue for the segment. Developments in the extraction activities in the Middle East region coupled with demand for corrosion-resistant alloys are predicted to influence possible purveyors. In January 2015, Ingersoll Rand acquired the compressors division of Cameron International to cater to industry demand.

Market Outlook

The worldwide chlorine compressors market is anticipated to reach a market capitalization of USD 83.7 million by 2025, according to a report by Grand View Research, Inc. The market demand would reach at 6,466 units by 2025. Rise in demand for chlor-alkali products for various industrial sectors is expected to augur the market growth. Increasing number of water treatment plants in the Europe and North America regions is also anticipated to create numerous growth opportunities for the chlorine compressors market. Key market players include Sundyne; Gardner Denver Nash LLC; Mayekawa Mfg. Co., Ltd.; and Mikuni Kikai Kogyo Co. Ltd.

Read more at: 

https://www.grandviewresearch.com/industry-analysis/chlorine-compressors-market

Aluminum Curtain Walls: Protect Buildings against Extreme Weather

Cladding has become an integral part of buildings to protect them against external weather. The need for sustainable materials to manage energy consumption of buildings has led real estate developers to use aluminum curtain walls. Aluminum curtain walls act as structural support of the building and are preferred owing to their resistance to high wind loads. Coupled with glazing, these beams also assist in considerably reducing the energy load of buildings.

Utilization of Sustainable Materials for Construction

Major application segments, which require aluminum curtain walls are commercial and residential buildings. The commercial segment is anticipated to exhibit a CAGR above 9 % over the forecast period (from 2017 to 2025) on account of rising product demand in malls and recreational arenas. Rise in disposable incomes of consumers and interest in shopping is projected to drive segment demand. Aluminum curtain walls play an integral role in lowering the energy expenses of malls and commercial complexes. The Grand Island Regional Hospital, a local healthcare center, in the U.S. has utilized curtain walls to increase its aesthetic value while minimizing the overall energy costs.

The residential segment is expected to exhibit a CAGR above 7 % during the forecast years due to the recovering real estate sector in the U.S. and rise of infrastructural projects in developing economies. Fornebuporten, a cluster of residential and office buildings in Norway, has used aluminum curtain walls to accumulate and spread maximum light within rooms.

Market Overview

The global aluminum curtain wall market size is projected to reach at USD 53.2 billion by 2025, according to a report by Grand View Research, Inc. It is expected to expand at a CAGR exceeding 7 % from 2017 to 2025  due to growing need for sustainable materials. The market is expected to sustain a steady demand as a result of the growing number of sports arenas and commercial complexes like shopping malls. Moreover, government subsidies on implementation of aluminum curtain walls and rapid infrastructural development in developing regions like China and India can also bolster market demand in the years to coome. Some of the prominent market players include HansenGroup Ltd., EFCO Corporation, Alumil Aluminium Industry S.A., and GUTMANN AG.

Read more at: https://www.grandviewresearch.com/industry-analysis/aluminum-curtain-wall-market

Advanced Building & Construction Sheets: Ensuring Strength & Flexibility

Growing requirement for eco-friendly construction materials owing to rising awareness towards conservation of conventional materials are anticipated to propel demand for advanced building and construction sheets. Such sheets are likely to offer durability, flexibility, and resistance from heat & harmful ultra violet (UV) rays. In addition, growing adoption of water and sound proofing in commercial and residential buildings can also fuel demand.

New Exfoliation Technique to Offer 2D Metal Sheets

Major product variants of building and construction sheets are rubber, bitumen, metal, and polymer. The polymer segment is projected to grow at a healthy CAGR of 5.6% on account of several mechanical properties such as high tensile strength and corrosion resistance. The metal sheets segment is also expected to witness significant growth in the coming years owing to availability of wide range of metal deposits. In addition, high durability of metal components is also likely to fuel demand for metal sheets in construction sector.

Considering the rising demand, most companies and research teams are focusing on R&D to develop advanced techniques of creating better metal sheets. For instance, a group of scientists at Rice University in Texas, Indian Institute of Technology in India, and Bruker NanoSurfaces in Minnesota recently unveiled a unique method to exfoliate two dimensional metal sheet. This new method is likely to allow manufacturers to make metal sheets from low-melting alloys and pure metals.

Market Insights

The global building and construction sheets market  is expected to reach USD 195.15 billion by 2025, according to a report by Grand View Research, Inc. Rising adoption of atactic polypropylene owing to its useful properties such as UV resistance, flow resistance at high temperature, and flexibility at low temperature can drive market growth. Stringent government policies towards conservation of traditional products such as metal and wood can fuel growth of the market. High demand for polymer and metal sheets in industrial and residential applications can propel market growth in the coming years. Growing number of construction activities owing to increasing development in infrastructure can foster growth of the market during the forecast period 2017 to 2025.

Some of the leading companies offering quality building and construction sheets are Atlas Roofing Corporation, Paul Bauder GmbH & Co. KG, Fletcher Building Limited, Etex, and GAF Materials Corporation.

In-depth research report on building and construction sheets market:

https://www.grandviewresearch.com/industry-analysis/building-construction-sheets-market 

Global facades market is expected to reach USD 337.8 billion by 2025

The global facades market is expected to reach USD 337.8 billion by 2025, according to a new report by Grand View Research, Inc. The facades market is anticipated to grow swiftly over the forecast period owing to the development of advanced materials with capabilities that offer safety as well as a visually appealing texture. The industry is governed by the following six key trends:

Facades combine the attribute of both appearance and superior performance in a mode unlike any other building system, which is anticipated to drive product demand significantly over the next few years.

The key factor expected to drive the facades industry is the need to lower heating & air-conditioning cost and achieve energy-efficiency. This trends in reducing the cost are projected to result in the development of sustainable products over the forecast period.

The popularity of green buildings, demand high-transparency glass that allows in light, while maintaining heat-resistance. The forecast period is expected to witness the application for high-performance, energy-saving and solar control facades contributing towards higher economic benefits and eco-sustainability. This has resulted in demand for triple-glazed facades, which have a lower u-value in comparison to double glazed structures.

Further key findings from the report suggest:

• The facades market was valued at USD 179.7 billion in 2016 and is expected to grow at a CAGR of over 7.3% over the next eight years owing to a rise in construction related activities in the U.S., China, Japan and India

• The ventilated facades market is expected to witness a healthy growth at a CAGR exceeding 6.5% over the forecast period owing to benefits they provide in terms of energy saving and rich aesthetics.

• Several government initiatives toward infrastructure development and the rise in PPP model enhance the construction of commercial properties across the globe, which has subsequently attributed to the growth of the facades market.

• The commercial end-use segment was the dominant segment in 2016, and the facades’ demand across this sector is expected to increase over the forecast period, owing to several benefits offered by the facade system, such as acoustic insulation, thermal insulation, and natural ventilation.

• Asia Pacific dominated the market with more than 30% revenue share in 2016, wowing to growing construction of new commercial and industrial buildings in China, India, and South-East Asia over the next few years.

• Key players such as Ametek Inc., Franklin Electric Co., Asmo Co. Ltd., and ABB Ltd. dominated the market in 2016 with their emphasis on expanding market presence through mergers and acquisitions.

Read more at: http://www.grandviewresearch.com/industry-analysis/facade-market

Construction equipment rental market is anticipated to reach USD 84.60 billion by 2022

The global construction equipment rental market was valued at USD 34.24 billion in 2014 and is anticipated to reach USD 84.60 billion by 2022. Increasing construction activities across the globe and rising government investment in emerging economies are projected to drive market demand in the coming years.

The abundance of modern and productive equipment in rental fleets along with ongoing infrastructure development is expected to fuel demand. Rented construction equipment has several benefits such as ease of replacement, cost effective approach, less technical charges, lower maintenance cost, reduced transportation and less servicing requirement. These factors have been continuously driving the demand in the coming years.

The material handling rental machinery segment is anticipated to grow at a CAGR of 13.0% from 2015 to 2022 on account of increasing focus on automated production facility. Increasing requirement of automated production processes for optimal use of raw material, energy and resource consumption are expected to result in the higher adoption of the product over the forecast period.

         U.S. construction equipment rental market by product, 2012 – 2022 (USD Million)

Earthmoving rental machinery market was valued at USD 19.27 billion in 2014 and is projected to witness significant gains at a CAGR of 12.3% by 2022. Growing demand for heavy equipment from emerging economies is anticipated to drive growth shortly.

The emergence of advanced machinery with eco-friendly and low maintenance features is expected to outcast conventional equipment in the coming years. The high purchasing power of consumer with changing preference for rental equipment has also resulted in the high adoption of rental products.

Middle East rental equipment industry is projected to witness substantial growth at a CAGR exceeding 15% by 2022 owing to ongoing construction activities and extensive focus on sustainable expansion practices such as eco-friendly building construction. Rising capital investment in retail, hospitality, banking, transportation, energy, infrastructure and agriculture programs and development of metal and mining sector in the region are considered to be the major driving factors for the growth of the market.

Asia Pacific construction equipment market accounted for 25% of the total revenue in 2014 and is expected to witness significant growth shortly. Rapid urbanization, commercialization of industry, burgeoning population, robust fiscal growth, and increasing government initiatives are expected to drive the market in the coming years.

North America is projected to grow at a CAGR of over 10% by 2022. Economic revival coupled with increasing capital investments is estimated to compliment demand in the region. Increasing residential construction with increasing investment along with volatile energy pricing and favorable regulations is expected to escalate volume sales in the European market.

Major industry players include United Rentals, Hertz, Neff Rental, Ahern Rental, Loxam Group, and Sunbelt. Other participants include Quippo, Finning, Ahern Rental, American Equip Company (Ameco), Maxim Crane Works, Gemini Equip and Rentals, and Sunstate Equip Company. The construction equipment rental industry is very capital intensive in nature. Moreover, the market is characterized by mergers & acquisitions, joint ventures, and strategic alliances to increase their market penetration.

View summary of this report, click the link below:

https://www.grandviewresearch.com/industry-analysis/construction-equipment-rental-market

Grand View Research has segmented the construction equipment rental market on the basis of product and region: 

Further key findings from the study suggest:

Construction Equipment Rental Product Outlook (Revenue, USD Million, 2012 - 2022)

• Earthmoving machinery

• Material handling machinery

• Concrete & road construction

Construction Equipment Rental Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America

• Europe

• Asia Pacific

• Latin America

• MEA
  

Read more at: https://www.grandviewresearch.com/industry-analysis/construction-equipment-rental-market