Wind Energy Foundation Market Forecasted to Grow at Steady Pace During the Forecast Period

The global wind energy foundation market is expected to reach USD 241.14 billion by 2024, according to a new report by Grand View Research, Inc. Increasing concerns over depleting petroleum resources has resulted in influencing growing demand for renewable energy. Increasing global population and industrialization have become major factors for moving towards non-conventional resources.

Wind energy is gaining momentum over the past few years on account of major capacity additions owing to the declining prices. Recently there have been dramatic reductions in costs on account of increasing research and development. Growing demand for expansion of electricity generation and access is expected to be a major driver for the industry over the forecast period.

Climate change and global warming are major factors responsible for the increasing focus on wind power and harnessing this power for the future generations. The demand for wind energy foundation was USD 73.46 billion in 2015.Approximately 100 countries have managed to build several commercial wind farms.

Strong government initiatives and subsidies for the development of renewable energy is expected to be crucial factor for growth of the industry over the forecast period. The Paris agreement of 2015 was a major step in moving towards harnessing sustainable and clean energy.

Access Research Report of Wind Energy Foundation Market @ www.grandviewresearch.com/industry-analysis/wind-energy-foundation-market

Further key findings from the report suggest:

·       Offshore wind energy foundation segment is expected to witness revenue growth at a CAGR of 14.9% from 2016 to 2024. Offshore wind turbines have large power capacities and are now being installed even in deep water.

·       In the offshore category, mono-pile foundation accounted for 35.6% of the global market share in 2015 and it was the largest in offshore category. Increasing need to secure energy security and growing concerns about onshore wind farms is a major factor propelling expansion.

·       Onshore wind energy foundation market was valued at USD 52.01 billion. The onshore category has dominated the foundation market over the past several decades owing to reasonable cost for installation.

·       Asia Pacific market was valued at USD 27.45 billion in 2015 and will witness significant gains over the forecast period on account of continuous increase in installation capacity in countries such as China, India and Japan.

·       North America is a major market for foundations owing to the availability of best wind resources coupled with low prices as compared to other countries. Countries such as Brazil will open present new opportunities for propelling growth over the forecast period.

Grand View Research has segmented the global wind energy foundation market by site location and region:

Site Location outlook (Revenue, USD Million, 2013 - 2024)

·         Onshore

·         Offshore

Regional Outlook (Revenue, USD Million, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Powder Coatings Equipment Market is Estimated To Reach A Valuation of $2.14 Billion by 2024

The global powder coatings equipment market is expected to reach USD 2.14 billion by 2024, according to a new report by Grand View Research, Inc. The market is expected to witness significant gains over the forecast period on account of increasing usage of powder coatings in automotive, consumer goods, architectural, furniture, general industries and defense applications.

Rising demand for furniture and other architectural products such as windows and aluminum extrusions are expected to increase the industry size over the next eight years. Manufacturers are offering coatings booth made up of 18-gauge galvanized metal, for improving durability as well as reduce costs associated with installation.

Powder coat guns are expected to witness significant growth at a CAGR of 7.5% owing to its benefits including lightweight and easy color change. Furthermore, consumption of guns for spraying of powder coatings on metals, ceramics, glass and plastic surfaces is likely to augment demand over the upcoming years.

Access Research Report of Powder Coatings Equipment Market @ https://www.grandviewresearch.com/industry-analysis/powder-coatings-equipment-market

Further key findings from the report suggest:

·       Automotive accounted for 20.8% of the overall industry share in 2015 and is likely to witness the fastest growth over the forecast period. This trend is expected to continue on account of rising requirements of powder coatings for a broad range of applications including bodywork, trim, aluminum wheels, and in-mold light weight components.

·       The presence of various automotive players including Ford, General Motors, Chevrolet, Mercedes-Benz and Dodge is expected to fuel the product demand over the upcoming years.

·       MEA accounted for 5% of the global share in 2015 and is projected to witness gains in light of the growth of the construction sector especially in Qatar and UAE. Furthermore, this scenario is likely to be supported due to certain factors such as advanced real estate regulatory framework, economic recovery, and increasing infrastructure project in the region.

·       The market is fragmented in nature with a large number of players present in the U.S., Switzerland, and India. Key players include Nordson Corporation, Gema Switzerland GmbH, WAGNER, Parker Ionics, Red Line Industries Limited, Reliant Finishing Systems, Carlisle, Hangzhou Color and Oven Empire Manufacturing.

·       Companies are focusing on product innovation to increase their presence in the global market. For instance, in October 2016, Gema Switzerland GmbH launched MultiColor Super-fast color change solution that maximizes the flexibility and productivity of the coatings line and avoids idle times.

·       In November 2013, Nordson Corporation launched Encore HD Automatic Powder Spray Gun which is “softer” and offers even charged powder cloud for optimum transfer efficiency.

·       Development of new glass booth coupled with ongoing product innovation to increase durability and reduce associated cost will propel equipment growth. Furthermore, growing DIY equipment will create immense market potential over the forecast period.

Grand View Research has segmented the global powder coatings equipment market on the basis of product, application and region:

Powder Coatings Equipment Product Outlook (Revenue, USD Million, 2013 - 2024)

·         Ovens & booths

·         Powder coat guns

·         Others

Powder Coatings Equipment Application Outlook (Revenue, USD Million, 2013 - 2024)

·         Consumer goods

·         Architectural

·         Automotive

·         General industries

·         Furniture

·         Others

Powder Coatings Equipment Regional Outlook (Revenue, USD Million, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Industrial Salts Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast by 2025

The global industrial salts market is expected to reach USD 15.9 billion by 2025, according to a new report by Grand View Research, Inc. The growing application of brine in chemical processing industry for deriving chlorine and caustic soda is expected to drive demand.

The rising demand for industrial salts with increasing penetration in wide range of application industries including chemical processing, water treatment, and agriculture is expected to drive market growth over the forecast period. Chlor-alkali sector in a chemical industry is a major consumer of salt for manufacturing of caustic soda and chlorine.

The unavailability of economic substitute is expected to have a positive impact on the market growth. However, chemicals such as calcium chloride, calcium magnesium acetate, hydrochloric acid, potassium chloride are potential substitutes for salt in de-icing, certain chemical processes, and in food flavoring available at high cost.

Industrial salts are available in different forms and large number of participants including global and local manufacturers offer broad product portfolio which are distributed under relationship economy trade orientation. As it is a natural resource, the market is highly price sensitive and operates on low profit margins.

To request a sample copy or view summary of this report, click the link below: 
http://www.grandviewresearch.com/industry-analysis/industrial-salts-market

Further key findings from the report suggest:

·       Brine as a source accounted for 63.4% of the revenue share in 2016 owing to its application in the chemical processing industry to derive chlorine, soda ash, caustic soda and use in other industries such as deicing and water treatment

·       Rock salt accounted for 45.9% of the overall revenue share owing to the rising demand for deicing application in countries with extreme winter conditions including U.S., Canada and Germany

·       Growing demand from water treatment industry owing to rising water quality standards, and improved access to safe drinking water supplies and sanitation facilities is expected to grow at a CAGR of 2.4% over the forecast period

·       Asia pacific accounted for 36.4% of the revenue share in 2016 owing to the growing demand for the product in chemical processing industry primarily in China and India accounting for 69.5% revenue generation

·       The major players in the industry are striving to increase sales volume by strengthening customer loyalty in the existing market and through tapping of new segments with high-profit margins

Grand View Research has segmented the global industrial salts market on the basis of source, product, application and region:

Source Outlook (Volume, Million Tons, Revenue, USD Million, 2014 - 2025)

·         Brine

·         Salt mines

Product Outlook (Volume, Million Tons, Revenue, USD Million, 2014 - 2025)

·         Rock salt

·         Salt in brine

·         Solar salt

·         Vacuum pan salt

Application Outlook (Volume, Million Tons, Revenue, USD Million, 2014 - 2025)

·         Chemical processing

o    Caustic soda

o    Soda ash

o    Chlorine

·         De-icing

·         Oil & Gas

·         Water treatment

·         Agriculture

·         Others

Regional Outlook (Volume, Million Tons, Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Piling Machine Market is Expected to Enhance $6.5 Billion Revenue By 2025

The global piling machine market size is expected to reach USD 6.5 billion by 2025, according to a new report by Grand View Research, Inc.  It is anticipated to progress at a CAGR of 4.6% over the forecast period. Growing construction industry in countries such as China, India, Saudi Arabia, UAE, Thailand, and Malaysia, coupled with population growth and rapid urbanization is anticipated to drive the growth. Initiatives undertaken by government pertaining to infrastructure development, is expected to promote the foundation activity, thereby fueling the use of piling machines.

Moreover, increasing installation of wind turbines in China, U.S., India, U.K., and France on account of favorable government policies is expected to drive the application of piling machines in installing foundation for wind turbines. Abundance of reserves such as rare earth elements, copper, steel, and aluminum in China is expected to increase mining expenditure in near future and thus increase the application of foundation works in Asia Pacific.

Increasing product usage in commercial structures, residential premises, manufacturing facilities, wind farms, mining bases, solar power plants, drilling platforms, and power transmission plants is expected to fuel the growth over the forecast period. Furthermore, rapid expansion in social infrastructure, transportation, defense infrastructure, government accommodation, transport, energy, and water is projected to create immense growth opportunities for the piling machine market over the forecast period.

Rotary boring method is likely to gain traction in future on account of its excellent boring capabilities in highly challenging soil conditions. Air-lift RCD is expected to witness favorable growth on account of better penetration performance as compared to rotary and impact boring. Piling rigs is expected to be the fastest growing product segment owing to increasing application. However, products like vibratory drivers can witness a negative growth owing to rising concerns over adverse effects of piling operations on marine life in underwater operations.

The governments of countries such as U.S., U.K., Germany, Australia, and New Zealand have set restrictions on the noise produced by underwater operations to safeguard marine life. Noise restrictions in the construction work at residential areas, coupled with stringent emission regulatory norms in Europe and North America, are expected to foresee increasing expenditure by companies to purchase new generation piling machines with lower noise and vibration levels.

Growing construction sector mainly in U.S. and Mexico is expected to drive the demand in North America. Moreover, government regulations restricting the maximum limits of sound exposure has in turn, increased the demand for low noise machines, which is expected to favorably impact the market growth.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/piling-machines-market

Further key findings from the study suggest:

·       On the basis of product, vibratory drivers held 20.3% market share in terms of revenue in 2018 and is expected to witness steady growth owing to excellent penetration speed of the product. Application of piling rigs is expected to increase over the forecast period owing to their high flexibility

·       Rotary boring method is expected to expand at a CAGR of 3.9% from 2019 to 2025 owing to its growing application in foundation work and fast boring speed. Air-lift RCD was valued at USD 259.4 million in 2018 and is projected to grow substantially due to its increasing application in foundation for construction

·       Asia Pacific was valued at USD 2.0 billion in 2018 and is expected to grow on account favorable government policies to expand infrastructure in India and China. MEA is anticipated to expand at a CAGR of 4.7% from 2019 to 2025 owing to favorable government policies for the development of infrastructure and tourism

·       Few of the key participants in the piling machine market are Casagrande S.p.A, Bauer AG, Atlas Copco, Sinomach, Tescar, Delmag, FAE, and BSP International Foundations.

Grand View Research has segmented the global piling machine market on the basis of product, piling method, and region:

Piling Machine Product Outlook (Revenue, USD Million, 2015 - 2025)

·         Impact Hammer

·         Vibratory Drivers

·         Rigs

·         Others

Piling Machine Method (Manufacturing) Outlook (Revenue, USD Million, 2015 - 2025)

·         Impact Driven

·         Drilled Percussive

·         Rotary Boring

·         Air-lift Reverse Circulation Drilling (RCD)

·         Auger Boring

·         Continuous Flight Auger

·         Others

Piling Machine Regional Outlook (Revenue, USD Million, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com