Fused Silica Consumption Value Is Expected To Grow At A CAGR of Around 5.5% during the Period 2022-2032

The fused silica market is estimated to grow at a 5.5% CAGR from 2022 to 2032, from USD 2,034 million in 2022 to USD 3,474 million in 2032. Production of fused silica reached its peak in 2021 at over 50 KT, making about 18% of all silica produced. Through 2032, production is anticipated to increase at a CAGR of about 5.0 percent, reaching 85 KT. Fused silica's heat resistance and zero thermal expansion are two characteristics that are credited to its long-term mechanical and chemical stability as well as its significant optical attributes. As a result, the chemical, electrical, and electronics industries are using fused silica more frequently.  The major user of fused silica was the semiconductor sector. This is mostly caused by fused silica's extreme purity, which enables its use in semiconductor applications. For More Insights into the Market, Request a Sample of This Report  The most lucrative market for producers is predicted to be the application of fused silica as a glass substrate. This is a result of the widespread usage of fused silica glass substrates in the production of optical fibers. Additionally, fused silica, which exhibits a variety of advantageous qualities like a wide wavelength and strong optical transparency, is leading the field among all glasses used to make optical fibers, particularly in the production of telecom fibers. Additionally, due to the previously mentioned characteristics, the usage of fused silica as a glass substrate will present a significant potential worth USD 700 million between 2022 and 2032. Report Attribute Details Market size value in 2021A USD 1,936 Million Market value estimated in 2022E USD 2,034 Million Market value forecast in 2032F USD 3,474 Million Global Growth Rate (2022-2032) CAGR 5.5% East Asia Market Share in 2021 ~31% East Asia Growth Rate (2022-2032) CAGR 6.1% Top 5 Companies Market Share ~43% Request More Information about Report Methodology • By 2032, South Korea is expected to produce an absolute dollar opportunity worth USD $300 million. • The absolute dollar opportunity in the China Fused Silica Market is anticipated to be around USD $500 million. • Fused silica as a glass substrate application offers a real prospect worth USD 700 million. • Electronics and semiconductors are predicted to account for 57% of the global market for fused silica in terms of end-use. Growth Engines  • Increased demand for electrical and technological equipment will boost fused silica output. • The global market for fused silica is anticipated to grow as optical fibre adoption increases.  Key Segments • By Form:  Grains  Flours  • By Application: Investment Casting Refractories  Semiconductor  Glass Substrates  Others • By End-Use Industries:  Foundry  Electronics & Semiconductor  Solar Industries  Photonics For In-Depth Competitive Analysis, Buy now:  Competitive Environment In order to gain market share and, consequently, a competitive advantage, players in the silicon manufacturing business have been observed increasing their production capacity. In a recently published report, Fact.MR offers comprehensive details about the pricing points of top fused silica producers spread across regions, as well as information on sales growth, production capacity, and hypothetical production expansion.  Key players in the Fused Silica Market include: • NOVORAY • Imerys Refractory Minerals • Corning • Vesuvius • Dupré Minerals Limited • Huang He Minerals Co. • HeNan JunSheng Refractories Limited • PROVENCALE S.A. • Quarzwerke GmbH

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US Polyester Filament Market Is Acquiring More Than 28.1% Market Share In The Global Polyester Filament Market

The global polyester filament market is expected to grow at a 5.1% CAGR from 2022 to 2032, from USD 106 billion in 2022 to USD 174.7 billion in 2032.

 

Global demand for polyester filament is increasing quickly; by 2022, it's predicted to make up about 11.7% of the global textile market. Manufacturers are utilising cutting-edge manufacturing techniques to boost production and improve polyester filament efficiency.

 

As a result of manufacturers adhering to environmental standards, advanced green technologies like polyester recycling are being developed, which may ultimately make compliance with regulations easier. By focusing on various applications across a range of end-use sectors, businesses are working to develop more sophisticated polyester filament manufacturing technologies.

 

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Higher consumption and better performance are the results of improved polyester filament formulations. The growth of the polyester filament market in the past has been fueled by polyester's exceptional properties, such as rigidity, flexibility, and low cost.

 

A number of industries, including textile, automotive, and healthcare, use polyester filament. Because of its exceptional qualities, polyester filament is preferred by manufacturers when making protective clothing fabric.

 

Demand for polyester filament has significantly increased as a result of the automotive and textile industries' adoption of dyed polyester, which has fueled market expansion overall.

 

The United States is the third-largest textile producer in the world, behind China and India. About 1.3 million metric tonnes of polyester fibre were produced in the nation in 2021, an increase of almost 10% over output in the year before.

 

The rise in output is the result of recovering demand, which requires suitable supply to close the gap. Although the nation also exports polyester fibre, rising domestic demand is the main driver of the growth of the overall polyester filament market in the United States.

 

Report Attributes	Details
Market size value in 2021	USD 104.1 Billion
Market Value Estimate in 2022	USD 106 Billion
Market forecast value in 2032	USD 174.7 Billion
Global Growth Rate (2022-2032)	CAGR 5.1%
East Asia Market Size in 2021	USD 22.8 Billion
East Asia Growth Rate (2022-2032)	CAGR 6.3%
Top 5 Companies Market Share in 2021	~43%

 

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Polyester Filament Market Key Segments:

• By Yarn Type :
• Single yarn
• Ply Yarn
• Cord yarn

 

• By Type :
• Drawn Texture Yarn (DTY)
• Fully Drawn Yarn (FDY)
• Partially Oriented Yarn (POY)

 

• By Dyeing Process :
• Dyed
• Non-Dyed

 

• By End-Use Industry :
• Textile Industry
• Automotive industry
• Healthcare
• Other end-use industry

 

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Key Learnings:

 

·         The polyester filament market in South Asia and Oceania will hold one-fifth of the global market share.

·         In terms of yarn type, cord yarn is anticipated to dominate and hold more than 55% of the market in 2021.

·         By 2032, the ply yarn market is anticipated to grow at a CAGR of 4.3%.

·         In 2021, the dyeing process held a market share of more than 90%.

 

Growth Engines

 

·         The growth of the polyester filament market is being driven by numerous applications of polyester filament in numerous end-use industries, including textile, automotive, and healthcare.

·         Polyester filament demand has increased significantly as a result of the automotive and textile industries' rapid increase in the use of dyed polyester.

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Articulated Hauler Market Is Anticipated To Surpass USD 10.9 Billion by 2032 End: Fact.MR

The global market for articulated haulers is anticipated to be worth USD 6.0 billion in 2022 and will likely surpass USD 10.9 billion by 2032, expanding at a CAGR of 6% over the assessment period of 2022-2032.

 

The use of articulated haulers in the automotive industry has grown significantly over the past few years. Between 2022 and 2032, the global articulated hauler market may undergo a revolution due to factors such as quick response times, improved engine performance, improved engine management, high resistance, stumpy air flow constraints, and durability.

 

Among the ongoing projects are CRL (Cross Rail Development) in the United Kingdom, HS2 (High Speed 2 Rail Link) in the United Kingdom, LTF (Lyon-Turin High Speed Rail) in France, and Cargiant/LRP/QPR/GLA (Old Oak Common Regeneration) in Montreal (Canada), which is renovating an old concrete structure for new tenants for $100 million.

 

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Increased urban building construction and rising rental demand will drive up demand for articulated haulers on the global market. As markets recover, big loads and buildings are growing on congested city sites, necessitating the use of articulated haulers.

 

Opportunities for articulated haulers will likely arise from the expansion of the industrial and utility sectors. The continued expansion of the industrial and utility sectors, particularly in developing economies like Brazil, India, China, and others, is what is driving demand for construction equipment.

 

Additionally, officials who oversee infrastructure planning and public policy are taking action to promote the industry's growth in these nations.

 

In 2022, the market for articulated haulers in East Asia will make up nearly 26% of the global market. During the forecast period of 2022–2032, it is predicted to have an absolute dollar opportunity of USD 1.2 billion.

 

The Japanese and East Asian markets for articulated haulers are the second-largest markets worldwide in terms of value. During the forecast period, it is anticipated to expand with a CAGR of 2.8% and present exceptional absolute dollar opportunities.

 

Report Attributes	Details
Base Year Value (2021A)	USD 5.7 Billion
Estimated Year Value (2022E)	USD 6.0 Billion
Projected Year Value (2032F)	USD 10.9 Billion
Global Growth Rate (2022-2032)	CAGR 6%
East Asia Market Share in 2021	~25%
East Asia Growth Rate (2022-2032)	CAGR 6.1%

 

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Key Learnings:

 

·         The global articulated hauler market, which is expected to grow by 3.8% CAGR and add 179 BPS, places the North American articulated hauler market in third place.

·         By the end of the forecast period in 2032, East Asia is anticipated to grow at a CAGR of 6.1% and create an absolute dollar value opportunity of more than USD 1.2 billion.

·         Over the assessment years of 2022–2032, the demand for articulated haulers is expected to increase in Japan and South Korea at a CAGR of 5%.

·         Compared to the 4.2% CAGR it experienced from 2017 to 2021, the articulated hauler market is predicted to grow at a 6% CAGR from 2022 to 2032.

 

Growth Drivers:

 

·         Governments in developed and developing nations have increased their investments in infrastructure projects, which is anticipated to fuel the growth of the articulated hauler market.

·         The demand for articulated haulers is expected to increase due to growth in the construction and auto industries.

 

Competitive Environment

 

Due to the presence of numerous regional and domestic players, the global market for articulated haulers is fragmented. Additionally, the top businesses have made new product development a key component of their marketing plans to increase consumer awareness of them. These tactics have led to the incorporation of sophisticated articulated haulers.

 

·         On July 7, 2021, Terex acquired MDS International, a global conglomerate with headquarters in Ireland. The company will be able to grow both its operations and customer base thanks to this acquisition.

·         The new Rokbak RA30 and RA40 articulated haulers were introduced to the UK market on October 29, 2021.

 

Key Companies Profiled by Fact.MR:

 

Terex Trucks, Volvo, Caterpillar, Komatsu, John Deere, Hitachi Australia, Liebherr Group, Doosan, Bell Trucks America Inc., Hydrema, CNH Industrial N.V., XCMG, Other Key Players

 

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Global Articulated Hauler Market Categorized

• By Payload Capacity :
• Less than 30 Million Tons
• 30-40 Million Tons
• More than 40 Million Tons

 

• By Engine Power :
• Up to 400 HP
• 400-500 HP
• More than 500 HP

 

• By End Use Industry :
• Mining
• Construction
• Forest & Agriculture

 

• By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

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North America Belt Loaders Market Is Projected To Grow With Exciting CAGR Of 4.3% during 2022-2032

The Belt Loaders Market is expected to reach USD 1,635 million by 2032, growing at a CAGR of 3.8% from 2022 to 2032. The market is expected to reach USD 1,125 million in 2022.

 

The market for belt loaders was previously constrained by a variety of restrictions brought on by the limited availability of belt systems. But the market for belt loaders has undergone a profound revolution as a result of technological advancements and diversified demand.

 

Belt loaders market growth is fueled by the fact that automation has become a fundamental idea in every factory as a result of booming industrialization. The market for belt loaders is predicted to grow significantly as a result of the sudden increase in demand for them.

 

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Around 12% of the total revenue generated by the global conveyor system market in 2021 was provided by the global belt loaders market. The fact that belt loaders perform all functionalities while shortening the production cycle span, standing out as a key demand-generating aspect in the belt loaders market, is estimated to account for an absolute $ opportunity of USD 510 Million during the assessment period of 2022–2032.

 

Self-propelled belt loaders had the highest market share by product type in 2021 (32%), and it is anticipated that they will increase by 390 BPS during the forecast period and contribute to the market with a share of 36%, or roughly USD 324 million, by the end of 2032.

 

The market for belt loaders has also benefited from the decrease in the movement of work-in-progress inventory between workstations. Due to their effectiveness in handling loads of any size and shape, belt loaders are widely used, especially in production and process work.

 

Report Attributes	Details
Base Year Value (2021A)	USD 1,050 Million
Estimated Year Value (2022E)	USD 1,125 Million
Projected Year Value (2032F)	USD 1,635 Million
Global Growth Rate (2022-2032)	CAGR 3.8%
North America Market Share in 2021	~25%
North America Growth Rate (2022-2032)	CAGR 4.1%
Top 5 Companies Market Share in 2021	~38%

 

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Key Takeaways:

 

·         North American countries are expected to account for about 25% of the global belt loader market by the end of 2032, surpassing the current valuation of USD 507 million while expanding by 4.1%.

·         Self-propelled belt loaders had the highest market share by product type in 2021 (32%), and it is anticipated that they will increase by 390 BPS during the forecast period and contribute to the market with a share of 36%, or roughly USD 324 million, by the end of 2032.

·         Within the belt loader market's loading capacity segments, the 1000-2000 lbs power generation pump is expected to hold a 48% market share in 2022 and to offer a potential absolute dollar opportunity of USD 151,000,000 by reaching a market valuation of USD 324,000,000 by the end of the forecast period in 2032.

 

Leading Companies in the Belt Loaders Market: Competitive Landscape

 

Because there are so many domestic and regional players, the belt loaders market is highly fragmented and competitive. Key players use a variety of marketing tactics, including mergers and acquisitions, expansions, collaborations, and partnerships.

 

Additionally, the top businesses use new product development as a strategic approach to enhance their market presence among consumers. These tactics led to the adoption of sophisticated belt loaders.

 

Key Companies Profiled by Fact.MR are:

• Mulag Fahrzeugwerk Heinz Wössner GmbH u. Co. KG
• JBT Corporation (Aircraft Maintenance Support Services Ltd.)
• TLD Group (Alvest group)
• Aviogei Airport Equipment Srl
• Charlatte Manutention (Fayat Group)
• TIPS d.o.o.
• TUG Technologies Corporation. (Textron GSE)
• Fast Global Solutions Inc.
• NMC-WOLLARD, Inc.
• Sovam S.A.S

 

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Global Belt Loaders Market Segments

• By Product Type :
• Self-Propelled
• Diesel
• Electric
• Gas
• Towable

 

• By Loading Capacity :
• Less than 1000 lbs
• 1000 lbs – 2000 lbs
• Above 2000 lbs

 

• By Working Height :
• Less than 4m
• 4m and above

 

• By End User :
• Civil
• Military

 

• By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

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Global Value of Food Vacuum Drying Machine Market Is Estimated To Be Worth Over USD 1,215 Million In 2022

The market for food vacuum drying machines is expected to reach USD 1,728 Million by 2032, growing at a CAGR of 3.6 percent from 2022 to 2032. The market is expected to reach USD 1,215 Million in 2022.

 

Around 30% of the total revenue made by the global food dryer market in 2021 came from the global food vacuum drying machine market. During the assessment period of 2022–2032, the food vacuum drying machine industry is predicted to offer an absolute dollar opportunity of USD 513 Million.

 

Quality retention, which is a significant area of concern in the food industry, has a significant impact on the growth of the market for food vacuum drying machines. The manufacturing processes are under close examination due to the regulations that are enforced on product quality and relevant specifications.

 

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The increasing number of food projects that have been scheduled over time has had a significant impact on the market for food vacuum drying machines' current growth curve. The global trend toward customised food vacuum drying equipment is significantly bolstering the growth aspects of the industry. This will further encourage manufacturers to develop solid strategies and broaden the scope of their product specialties.

 

Additionally, the popularity of customised food vacuum dryers is reviving the entire value chain process, which is encouraging for the market expansion for food vacuum dryers. The demand from food applications is set to sway the global market for food vacuum drying machines, creating promising aspects for manufacturers. OEMs and Aftermarket play a crucial role in the Food Vacuum Drying Machines Market.

 

Continuous vacuum freeze belt dryers are expected to have the highest market value by product type by 2028. Continuous vacuum belt dryers are expected to outpace all other product types in terms of growth, expanding at the highest CAGR of 3.7 percent. According to operating principle, indirect drying will outperform direct drying in terms of revenue.

 

It is anticipated that indirect drying will outperform direct drying in terms of growth. During the assessment period of 2018 to 2028, indirect drying is expected to grow at a CAGR of 3.2%. In 2018, North America stood out with a sizable market share, and by the end of 2028, this region is likely to be in the lead.

 

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The use of superheated steam dryers is anticipated to become a growing trend as a result of their many benefits, including energy recovery, rapid drying, reduced equipment size and capital cost, minimal environmental impact, and many more. One of the most anticipated trends in the upcoming market environment is the consolidation and growth of the market.

 

Manufacturers' reliance on mergers and acquisitions is expected to increase as they try to keep up with demand, access lucrative APAC markets, and strengthen their positions in developed nations like Europe and North America.

 

With fewer players holding about two-thirds of the global market share, the market for food vacuum dryers is anticipated to be highly competitive. Food vacuum drying machine manufacturers have undergone a significant evolution, particularly in China and at regional frontiers. The availability of sophisticated manufacturing technology and affordable machinery is to blame for this proliferation.

 

On the other hand, a number of governmental regulations regarding the design and development of vacuum drying machines, a high rate of power consumption, and the shelf life of machines are some of the major barriers likely to stymie the growth of the global market. In the wake of several realisations related to price correction, the manufacturers are predicted to pursue long-term supply contracts.

 

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Global Food Vacuum Drying Machine Market Segments

• By Product Type :
• Continuous Vacuum Belt Dryers
• Continuous Vacuum Freeze Belt Dryers
• Vacuum Drying Cabinets
• Pilot Vacuum Dryers

 

• By Operating Principle :
• Direct Drying
• Indirect Drying

 

• By Mesh Type :
• Plain Weave
• Twill Weave
• Plain Dutch Weave
• Twill Dutch Weave
• Reverse Dutch Weave
• Five Heddle Weave

 

• By Material Type :
• Polyester
• Polyamide
• Poly-ether-ether-ketone
• Other

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