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Phenolic Antioxidants Market to expand at a value CAGR of 4.3% during the forecast period (2018–2026)

Persistence Market Research delivers key insights on the global phenolic antioxidants market in its latest report titled “Phenolic Antioxidants Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026”, which examines the Phenolic Antioxidants market and offers critical insights for the next eight years. Based on the findings specified in the report, the long-term outlook for the global Phenolic Antioxidants market is expected to remain positive and the market is anticipated to expand at a value CAGR of 4.3% during the forecast period (2018–2026).

Growth in demand for high performance lubricants, increasing adoption of plastic products across numerous end-use industries and increasing applications across food & feed additive industry are some of the factors expected to lay a robust foundation for the growth of the phenolic antioxidants market during the forecast period.

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Phenolic Antioxidants Market: Dynamics

Phenolic antioxidants are primarily used as an additive in the production of rubber and plastic composites. Plastic based products are increasingly gaining traction in the automotive industry and other industrial applications owing to their light weight, superior properties and lower cost as compared to other composite materials. In the automotive industry, plastic is being used for weight reduction, improving vehicle performance and to meet stringent emissive standards.

Hence, growing demand for plastic will drive the demand for different additives, such as phenolic antioxidants. Another key factor which is expected to significantly drive the growth of the global phenolic antioxidants market is high demand from the fuel & lubricant segment. High growth in industries, such as infrastructure, oil & gas and automotive mining & metallurgy, to name a few, will increase the demand for specialized lubricants in the market, which in turn, will fuel the demand for phenolic antioxidants in the long-term scenario.

Phenolic Antioxidants Market: Segmentation Overview

  • On the basis of type, the multi-functional segment, with its exceptional properties and high stability, is the most preferred type in the phenolic antioxidants market and is expected to remain in the high value-high growth quadrant during the forecast period. Mono-functional phenols are gaining substantial traction in the phenolic antioxidants market owing to high demand from plastic and rubber processing applications
  • Among source type segments, the synthetic segment is estimated to remain dominant in the global phenolic antioxidants market. However, the natural phenolic antioxidants segment is pegged to exhibit significant growth during the forecast period owing to high demand from food & feed additive applications
  • By application, the plastic and rubber processing segment accounts for a significant share in the global phenolic antioxidants market. With robust growth in demand for plastic and rubber from numerous applications in different end-use industries, the demand for phenolic antioxidants is also expected to increase. Among other applications, food & feed additive & pharmaceutical and personal care segments account for relatively low demand

Phenolic Antioxidants Market: Regional Overview

China dominated the global phenolic antioxidants market in 2017 with over one-fourth of the global volume share. The China phenolic antioxidants market is anticipated to witness robust growth in the coming years, pushed by rapidly growing industrial growth and increasing automotive production.

The South East Asia & Pacific region is anticipated to follow the China phenolic antioxidants market in terms of growth and is estimated to register 1.5X growth during the forecast period. Europe and North America are estimated to have collectively accounted for 40% of the global phenolic antioxidants market in 2017. North America and Europe markets are expected to exhibit moderate growth during the forecast period. Furthermore, in European region, the top 5 countries are estimated to hold about 70% of the total phenolic antioxidants demand in the region.

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Phenolic Antioxidants Market: Vendor Insights

Company Profiles

  • BASF SE
  • SONGWON
  • Adeka Corporation
  • SI Group
  • Addivant
  • Dorf Ketal
  • Lanxess
  • Emerald Performance Materials, LLC
  • Jiyi Chemicals Co., Ltd.
  • Krishna Antioxidants Pvt. Ltd.
  • Mayzo Inc.
  • Clariant AG
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Turbine Motor Market Projected to Garner Significant Revenues by 2029: Persistence Market Research

Turbine Motor Market: Introduction

The turbine motor is also called as turbine generator and the major function of turbine motor is to produce electricity. The turbine motors vary for different application in power generation. The turbine motors are used widely in wind turbines and other power plants. The key advantages of turbine motor is the requirement of air is 1/3rd less than that of pneumatic vane motor and the power to weight ratio is one half of the latter.

The turbine motors are manufactured by meeting motor controls of IEC and NEMA.  The under construction of renewable energy power plants to generate electricity for the future demand is expected to drive the global turbine motor market. The leading players in the turbine and turbine motor market are focusing on investing in research and development to create massive wind turbines by turbine manufacturers for both onshore and offshore applications.

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Turbine Motor Market: Market Dynamics

The growing trend towards the green energy production and micro power plants have been driving factors for the market growth of turbine motors. The major challenge for the global turbine motor market is the high capital cost and maintenance that are involved and this will have a negative impact on the market growth.

The wind energy production and developing economies plans to enhance their wind energy capacity is driving the global turbine motor market. The global power giants such as Siemens, ABB and General Electric are acquiring new gas turbine power plant projects to install turbine motors and diagnostic services in Middle East countries such as Iran, Iraq etc. In addition to that, the steam turbine projects for the retrofitting business and modernization projects are driving the turbine motor market but it is expected to grow at a steady pace.

Turbine Motor Market: Market segmentation

The global turbine motor market can be segmented into type, and application.

On the basis of power rating, the global turbine motor market is segmented into:

  • Less than 300 W
  • 300 to 500 W
  • 500 to 1,000 W
  • 1,000 to 5,000 W
  • Above 5,000 W

On the basis of electric output, the global turbine motor market is segmented into:

  • AC
  • DC

On the basis of phase type, the global turbine motor market is segmented into:

  • Single Phase
  • Three Phase

On the basis of installation base, the global turbine motor market is segmented into:

  • Onshore
  • Offshore

On the basis of application, the global turbine motor market is segmented into:

  • Wind Turbine
  • Gas Turbine
  • Hydro Turbine
  • Steam Turbine

Turbine Motor Market: Regional Outlook

The green energy production in developed economies such as US, Germany, the UK, France, Italy and Japan is keeping the global turbine motor market to have a linear growth trend. It is expected that the same trend will continue the same in the forecast period due to the government initiatives to reduce carbon footprints in developing economies such as India, China, Brazil, Mexico, Turkey, Thailand, and Indonesia. Further, the developed economies such as Germany are investing in combined wind and hydro power projects which will be a major trend in the forecast period and it will drive the global turbine motor market.

The turbine motor market is gaining a rapid growth potential in APAC region especially in countries such as China, Australia, India, and Indonesia. These countries are investing heavily in green energy production and to enhance their wind energy capacity especially in wind and hydro energy which is driving the sales of wind turbine motor. The turbine motor market is posing a strong growth due to new power plant projects for new hydropower stations in India and China as these countries will play a significant role in the global turbine motor market.

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Turbine Motor Market: Key Market Participants

Some of the key market participants in the global turbine motor market are:

  • ABB
  • ATB Riva Calzoni S.p.A.
  • A-Wing International Co., Ltd
  • DEPRAG SCHULZ GMBH
  • Hangzhou Lectstyle Trade Co., Ltd.
  • Hoyer Motors
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • Shanghai Dagan Industry Co., Ltd.
  • Siemens
  • Suzlon Energy Limited
  • TD Power Systems Private Limited
  • WEG
  • Yantai Petroleum Machinery Co., Ltd.
  • YAWATA Electric Machinery Mfg. Co., Ltd.
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Shale Shakers Market Estimated to Expand at a Robust CAGR over 2029: Persistence Market Research

Shale Shakers Market: Introduction

Solid shakers are intensive vibrating device for mud separation or removal of large solids from drilling mud as they improve the economy in rigs, coal and mining fields etc. Shale shakers are equipment’s that are used in oil and gas drilling applications and further they are also used in mining, coal cleaning, chemical and plastic industries. The shale shakers are an important equipment in solid control system where it remove large solid particles from drilling fluid in a drilling rig.

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The key advantage of shale shakers is that it plays a vital role in reducing the costs that is associated with the drilling fluids. Among the technologies the linear motion shale shaker are widely used in oil and gas drilling applications for drilling mud solid control. The linear motion shale shakers have advantages due to wide screen area, cost-effective and compressed structure.

Shale Shakers Market: Market Dynamics

The recent development in offering a combo pack which covers desander, desilter and shale shaker in a single unit is driving the market growth of global shale shakers market. The adoption of shale shakers in the offshore drilling platforms is finding a leading growth trend and it will anticipate the market growth of shale shakers. The key driving factor for shale shakers is it offers outstanding throughput capacity and solids separation efficiency. The end users are looking for advanced shale shakers with less screens so as to increase their efficiency and to reduce the operating budget.

The oil and gas exploration, drilling and production are finding a major growth in the last decade but installation of shale shaker for solid removal in waste disposal, paper, powder, and sand, plastic and mining of precious metal will have higher growth rate. In addition to that, the dual deck and triple deck shale shakers are finding major growth opportunity as they offers higher efficiency in solid separation. The key challenge in the shale shakers market is the trade war between the US and China as they are among the leading oil and gas producing countries in the world.

Shale Shakers Market: Market segmentation

The global shale shakers market can be segmented into product type, motion type, type of Installation, drive system, screen quantity and application.

On the basis of product type, the global shale shakers market is segmented into:

  • Mini Shale Shakers
  • Single Deck
  • Double Deck
  • Triple Deck

On the basis of motion type, the global shale shakers market is segmented into:

  • Linear motion shale shakers
  • Balanced elliptical motion shale shakers
  • Circular motion shale shakers

On the basis of type of installation, the global shale shakers market is segmented into:

  • Newly Installed
  • Retrofitted

On the basis of drive system, the global shale shakers market is segmented into:

  • Electrically Driven
  • Belt Driven

On the basis of screen quantity, the global shale shakers market is segmented into:

  • Less than 3
  • 3 to 5
  • Above 5

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Shale Shakers Market: Regional Outlook

The growing number of oil and gas drilling and production activities have driven the market growth for global shale shakers market. The countries such as Thailand, Indonesia, Brazil, Nigeria, Argentina etc. are expected to have major growth opportunities in terms of new oil and gas drilling activities which will drive the installation of shale shakers. The growing consumption natural gas is an important factor as it is enhancing the production activities which drives the global shale shakers market.

The manufacturers of shale shakers are widely spread and the leading manufacturers are presented in the US, China, Western Europe and India. The suppliers are widely spread in the leading oil and gas producing countries and the export of shale shakers from China and other Asian countries to Middle East, Russia and Africa is driving the market revenue for global shale shakers market.

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Shale Shakers Market: Key Market Participants

Some of the key market participants in the global shale shakers market are:

  • DEL Corporation
  • Derrick Corporation
  • GN Solids Control
  • Halliburton
  • KEMTRON Technologies, Inc.
  • National Oilwell Varco
  • Petropath Fluids (India) Pvt. Ltd.
  • Schlumberger Limited
  • Shan Dong LanDa Petroleum Equipment LLC
  • SKF
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Ceramic Tubes Market Pegged for Robust Expansion during 2019 – 2029: Persistence Market Research

Ceramic Tubes Market: Overview

Ceramic tubes are applied for applications which require a material having resistance to electrical currents, high temperatures, erosion, and other hazards. Pump systems, furnaces, fuses, degassers, and other components and equipment that operate under demanding conditions generally involve the use of ceramic tubes. These are also resistant to abrasion, compressive forces and tension and thermal shocks in case of sudden temperature changes. All these characteristics make them suitable for electrical and specialized telecommunication applications.

Ceramic tubes are used as enveloping material in electrical and electronic equipment, such as power grid tubes, capacitors, vacuum interrupters, and thermocouple insulators. Additionally, the ceramic tubes fulfill the demand for hygiene and cleanliness specifications of chemical and mechanical resistance needed in the bathrooms. Development in the sanitary ware division will boost the product requirement in the forecast period.

Electrical non-conductivity of ceramic tubes make them appropriate for using as channels for passing electrical wires. The increasing demand for power transmission and distribution equipment is driving the growth of ceramic tubes market in the electrical and electronic segment.

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Ceramic Tubes Market: Dynamics

The ceramic tubes possess abrasion resistance and they can withstand high compressive forces. On the back of these features they are used in residential and commercial buildings for various applications. Increasing construction and infrastructural activities are anticipated to positively influence the global ceramic tubes market.

To fulfil the increasing demand for power from residential and industrial sectors, the governments of emerging countries such as China, India etc. are focusing on investments for the establishment of new power transmission and distribution networks and renewable energy sources. Owing to their extensive applications in the electrical and electronics sectors, the ceramic tube market is expected to witness significant development in the forecast period. Additionally, short product life cycles in these sectors are projected to fuel the growth in demand for ceramic tubes for retrofitting and replacement.

The medical and healthcare segment are witnessing a transition in terms of product development and production methods owing to technology advancements in X-ray machines, CT scan machines, etc. Coherently, propelling the growth in demand for ceramic tubes.

However, increasing energy price in ceramic manufacturing may be considered as major challenge for the ceramic tube market by virtue of instability in the cost of raw materials coupled with short of consistent generation of raw materials.

Ceramic Tubes Market: Segmentation

The global ceramic tubes market can be segmented based on material, product type, by end use industry

On the basis of material, the global ceramic tubes market can be segmented as:

  • Alumina
  • Zirconia
  • Silicon Carbide
  • Others

On the basis of product type, the global ceramic tubes market can be segmented as:

  • Single Bore
  • Multi Bore

On the basis of end use industry, the global ceramic tubes market can be segmented as:

  • Electrical and Electronics
    • Vacuum Interrupters
    • Power Grid Tubes
    • Insulators
    • Capacitors
  • Medical & Healthcare
    • X-Ray Tubes
    • Insulating Envelopes
  • Telecommunication
  • Others (Construction, etc.)

Moreover, these industries are witnessing transition in production methods and product development.

Ceramic Tubes Market: Regional Outlook

The growth in global ceramic tubes market can be attributed to the augmented demand for electrical transmission and distribution equipment and the refurbishment and replacement of existing power infrastructure. North America is expected to have leading share in the global market followed by Europe. The industrial sector in the region have established base which results in stable demand, correspondingly driving the growth of demand for ceramic tubes in the region.

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Industrial sector in Asia Pacific region have been expanding significantly over the recent years. These is owing to strategic developments by market players for improving market presence in the region. Furthermore, emerging economies including China and India have been major markets for end use industries. These factors are expected to fuel the growth of ceramic tubes market in the region over the forecast period.

Ceramic Tubes Market: Key Players

  • Kyocera Corporation
  • CeramTec GmbH
  • CoorsTek, Inc.
  • Morgan Advanced Materials
  • Carborundum Universal, Ltd.
  • NGK Spark Plug Co., Ltd.
  • Xiamen Innovacera Advanced Materials Co., Ltd.
  • Rauschert GmbH
  • Mantec Technical Ceramics
  • HP Technical Ceramics

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Demolition Vessels Market to Witness a Pronounce Growth during 2019 – 2029: Persistence Market Research

Demolition Vessels Market: Introduction

The ships which are ready for the recycling, breaking and disposal are known as demolition vessels. This generally involves the disposal and breaking up of the ships where at the end of its life cycle it is being dismantled and each part is sent ahead for reuse. The recycling involves the extraction of the raw materials also known as scrap to be recycled and made into new products.

The owner of the ship chooses two of the options i.e. either they sell the ship directly to a ship recycling yard or can sell it through a cash buyer. The global trend of demolition vessels until 20thcentury were carried out in the industrialized ports. In 1980s the first recycling and breaking industry was moved from North America and Europe to East Asia and then to South Asia.

Demolition Vessels Market: Dynamics

The growing scarcity of the metals worldwide is a major concern to be considered in the forthcoming years. One of the benefit of the demolition vessels is that it allows the materials especially steel to be recycled which helps in making new products. This factor will drive the market for demolition vessels. Due to the lower demand for the mined iron ore also helps to reduce the energy use in the steelmaking process. This factor will lead to the demand for demolition vessels.

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The increase in the improper management and waste are one the calamity that regions are facing across the globe. The upsurge in the discarding of the waste materials is at an alarming situation which has started polluting land, water, and air. However, the continuous hard work in the previous few years have made an extraordinary changes in the disposable philosophy and have also opened opportunities for a number of substitutes to the waste disposal. Among them, demolition has been broadly accepted globally as one of the productive methods for waste management. This factor has led to the demand for demolition vessels in the market.

Alike other industries, the shipping industry is also one of the biggest polluters and creates large amount of waste every day. While these ships also dispose thousand tonnes of waste materials from daily operations, the disposal of a ship after it is at the end of its service life also leaves a vast amount of waste, posing a potential hazard to the environment. This factor has also led to the demand of demolition vessels in the market.

Demolition Vessels Market: Segmentation

The segmentation of demolition vessels market can be done by vessel type, by ship age, and by method.

By vessel type, the segment of the demolition vessels market is:

  • Bulk Carriers
  • Tankers
  • Containers
  • Cargo Ships
  • Passenger Ships
  • Drill Ships
  • War Ships

By ship age, the segment of the demolition vessels market is:

  • Less than 20 years
  • 20 – 40 years
  • Above 40 years

By method, the segment of the Demolition Vessels market is:

  • Beaching
  • Drydock
  • Slipway
  • Alongside/Buoy Method

Demolition Vessels Market: Regional Overview

Owing to the increasing acceptance of the luxury travels through ships, cruises and yachts, Asia Pacific is anticipated to see comparatively tremendous adoption of the demolition vessels during the forecast period. Due to growing waste materials demolition vessels market is estimated to see a noteworthy growth over the forecast period globally. On a version of the growing economy of middle class and entrance of low-cost manufacturers from Asia-Pacific region especially China, India, Bangladesh, it is anticipated to rise as the fastest rising region during the forecast period.

The profitable shipping industry specifically in the countries like India, China, Brazil, U.S., India, Australia, Japan, France, UK, and the Middle East proposes satisfactory growth scenarios for the originalities functioning in the demolition vessels market.

In the Asia Pacific region the increase in the number of production of the ships is driving the market growth majorly for the demolition vessels. Rise in the disposable income and the changing demographics and the rise in the disposable income in the region is also one of the prominent factor which is driving the demand for ships and yachts, leading to the growing demand for demolition, resulting in the demand for new demolition vessels in the region.

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Demolition Vessels Market: Market Participants

Examples of few of the key participants in the global demolition vessels market are identified across the value chain which include:

  • ABB Ship Management Pvt. Ltd.
  • Batroun Shipbrokers
  • Fornaes Aps
  • Machtrans Ship Management Pvt. Ltd
  • MIDWEST STEEL
  • LEYAL Ship Recycling Group
  • Smedegaarden A/S
  • Habib Group Ltd
  • Star Matrix Ltd.
  • Wirana

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Tire Shredder Market to Register Substantial Expansion by 2018-2028: Persistence Market Research

Global Tire Shredder Market: Introduction

Recycling tire is one of the reigning trends in automotive industry which is done by tire manufacturers and aftermarket independent vendors. To facilitate this process shredding of the bulk tire into smaller fragments or a granular form is required for convenient chemical processing in the further stage of tire recycling.

A tire shredder is and equipment which is used upon used/crumb tires and performs the desired purpose. Tire shredders equipment is basically characterized by two types of operating drive i.e. – hydraulic and electrical based tire shredders. Tire shredder exist in various product configurations such as, shear shredder, chippers, grinders, granulators, specialty shredder, etc.  3

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Global Tire Shredder Market: Market Dynamics

Initiative of energy and natural conservation, which being mandated at several regional governments has led to the recycling of tires thus driving the tire recycling process equipment market including tire shredders. Apart from core rubber being extracted from tire shredding other by-products such as wire-free chips, steel, rubber, etc. are obtained which can be used as fuel feedstock or fuel additive.

This lucrative opportunity has also encouraged waste recycling companies to sell the by-products of used tires to external energy generation agencies for which the installation and operations of tire shredders have augmented its market growth. Furthermore, the end products produced from the tire shredder have wide range of end uses such as, in civil engineering, shoe manufacturing, and other sustainable landscaping outlets. Another driving factor for the growth of tire shredders is that the average lifespan of automotive tire being 4-5 years and significant procurement cost of new tire has resulted in independent aftermarket agencies offering recycled tires at a nominal rates.

This objective is being achieved with the help of tire shredder being a crucial equipment in the recycling process.  Additionally, the tire manufacturers can themselves procure the used tires and recycle the same thus reducing consumption of rubber of raw materials saving significant manufacturing overhead costs. This will create new growth opportunities for use of tire shredders in upcoming years. The above said factors are projected to facilitate a healthy growth for tire shredder market in the current and upcoming periods.

However, with the tire manufactures are emphasizing on to produce durable tires having long life-cycle, may offset the rate of tire shredding which may act as a restraint for the global tire shredder market. In spite of this factors, the market participants and industry experts are optimistic that the adoption of tire shredder would be on an upward growth path in the long run.

 Global Tire Shredder Market: Market Segmentation

The global tire shredder market can be segmented on the basis of product type, operating drive, tire type, and regions.

On the basis of product type, the global tire shredder market can be segmented as mentioned below:

  • Shear Shredder
  • Chippers
  • Grinders
  • Granulators
  • Specialty Shredder

On the basis of operating drive, the global tire shredder market can be segmented as mentioned below:

  • Electrical Tire Shredder
  • Hydraulic Tire Shredder

Global Tire Shredder Market: Regional Outlook

Geographically, the global tire shredder market is dependent upon the consumption pattern of automotive tires for the particular region. For instance, South East Asia Pacific and Western Europe are key regions for the usage of tire shredder at present. China and India are the most opportunistic countries in the tire shredder market, owing to the presence of most of the aftersales tire manufacturers and can be identified as emerging markets in years to come. The next preferred territory for considerable demand of tire shredder is from the U.S., owing to increasing demand for low commercial vehicles (LCV) in the country.

Furthermore, in FY2017, Europe crossed around 100 million units in term of vehicle tire consumption and is expected to grow with healthy CAGR in near future which is thus anticipated to be significant platform for the tire shredder market. The reason of high adoption of tire shredder in Europe is also due to mandated initiatives such as REACH, R3 Model and Carbon Footprint reduction mission being implemented by developed and developing countries in the region. Japan also been as a pioneer in tire recycling where a good number of tire shredders have been installed in the nation.

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Global Tire Shredder Market: Industry Participants

The global tire Shredder market is understood to be as a fragmented market due to the presence of proficient number of tier-2 manufactures at regional level. Few prominent players are identified across the tire Shredder market value chain are –Granutech-Saturn Systems,

  • SSI Shredding System,
  • Shred-Tech®,
  • Northern California Compactors, Inc.,
  • ABB AB, CM Shredder,
  • SMS Hydrotech,
  • Tire Shredder Unlimited,
  • Fabtex Engineering Works,
  • Idea Holding Limited,
  • Recycling Equipment, Inc.,
  • Spadone-Hypex, Inc.,
  • Weima America Inc.,
  • ACS Group,

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Plant And Machinery Dismantling Services Market to Reflect Impressive Growth Rate during 2018 – 2028

Global Plant and Machinery Dismantling Services Market: Introduction

To move industrial machinery and relocating production, dismantling equipment at the old location is the first step. Plant and machinery dismantling services are an array of services offered by the companies to carry out dismantling components and systems along with scrupulously matchmaking, documentation, technical cleaning, and carefully packing each and every part.

Moreover, machinery refurbishment and relocation have become increasingly common over the last few years, directly influencing the demand for plant and machinery dismantling services. Importantly, with market conditions becoming more difficult, companies have been forced to adjust production capacity with demand at an unprecedented rate. Subsequently, machinery are being taken out of service and relocated to another location. Service providers in the plant and machinery dismantling services market perform machine inspection and replacement as per the original detailed drawings.

Subsequently, the aim of the study is to analyze the most recent trends, dynamics, and potential strategies in the global plant and machinery dismantling services market.

Global Plant and Machinery Dismantling Services Market: Dynamics

Moving ahead, to remain at the forefront, the players in the plant and machinery dismantling services market to focus on expanding and developing new services which are both high quality and cost competitive. On the sourcing side, reusing parts and purchasing standard parts by dismantling old machines can also assist in waste reduction.

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Subsequently, accelerating the demand for plant and machinery dismantling services. Furthermore, growing resource demand is also pushing up demand for plant and machinery dismantling services from the world’s mines. Ageing fleet of heavy machineries is set to propel the global demand for plant and machinery dismantling services. Additionally, the U.K., China, India, France, and the U.S. are reviewing plans to limit or ban regular gas or diesel engines by 2030-2040.

Consequently, proliferating a need to expand or add new machineries in existing automobile production plants, thereby, surging the demand for plant and machinery dismantling services. Healthy business climate and rising domestic consumption to play a crucial role in the development of the plant and machinery dismantling services market, globally.

Global Plant and Machinery Dismantling Services Market: Segments

The global plant and machinery dismantling services market can be segmented on the basis of service type, end-use, and region

On the basis of the service type, the global plant and machinery dismantling services market can be segmented as:

  • Power Plant Decommissioning
  • Decommissioning of Equipment & Machinery
  • Plant and Equipment Relocation
  • Plant Stack Demolition and Dismantling
  • Heavy Rigging Services and Auxiliary Services

On the basis of the end-use, the global plant and machinery dismantling services market can be segmented as:

  • Commercial
  • Industrial
  • Government

Global Plant and Machinery Dismantling Services Market: Regional Outlook

Currently, more than fifty nuclear facilities are in the phase of decommissioning. Most of the decommissioning projects carried out right now are located in Germany, France, and Japan. Simultaneously with those projects, the market for plant and machinery dismantling services is getting more mature; hence the first companies have already positioned themselves in the plant and machinery dismantling services market.

Importantly, the U.S. has been operating the oldest fleet of nuclear plants in the world with an average unit age of 36 years and without further plant license extensions nuclear plant retirements will begin in a wave of rolling retirements starting in the late 2020s, thereby, propelling the demand for plant and machinery dismantling services.

Lastly, global demand for heavy machinery to remain high thus, plant and machinery dismantling services market is anticipated to grow markedly over the forthcoming years.

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Global Plant and Machinery Dismantling Services Market: Key Participants

List of some of the prominent market participants in the global plant and machinery dismantling services market discerned across the value chain include:

  • Baker & Son
  • Heavy Rigging Services
  • Clear Site Industrial, LLC
  • Highground Industrial
  • H. Griffin
  • IMI Industrial Services Group
  • SCHOLPP Group
  • Heavy Equipment Transport
  • M. KING Industries, Inc.
  • EnergySolutions
  • Hansen Shipping (UK) Ltd.

The research report – Plant and Machinery Dismantling Services presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The study on Plant and Machinery Dismantling Services market also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Plant and Machinery Dismantling Services market segments such as geographies, application, and industry.

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Ship Hull Inspection Services Market Set to Surge Significantly During 2018 – 2028: Persistence Market Research

Ship hull inspection services Market: Introduction

Ship hull inspection services are applied on ships of all categories and applications. Ship hull inspection services are useful and is required for ship operators & owners, insurance companies and government agencies to quantify the extent of corrosion in hull.

Ship hull inspection services helps to determine the ability of the ships and vessels to continue in service without any problems and to enhance the confidence.   Traditionally, the ship operators or owners and vessel managers used to have in-house Ship hull inspection services that covers programs and schemes to access, track and maintain the structure of hull.

The key advantage of Ship hull inspection services is to improve and understand the condition and situation of the ship, and to protect the assets. In addition to that, the ship owners are looking to take complete control of the ship’s hull condition as delay in identification of hull cracks will result in huge spending on the replacement or repair service.

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Ship hull inspection services Market: Market Dynamics

The ship owners are offering contract based inspections for Ship hull inspection services in order to increase reliable operation, curtail expensive emergency dry-docks, and the safety of cargo and personnel.

The key driving factor for the Ship hull inspection services is the adoption of remote observation vehicles (ROV) over qualified commercial divers with hand held equipment. Though remote observation vehicles are expensive to operate, the multinational players and big ship owners are looking to reduce the hull damage with immediate effect.

The advancement in Ship hull inspection services with complete automated ultrasonic scanning inspection is providing the assurance to the ship owners, customers, government agencies and insurance companies. This has enhanced the need for Ship hull inspection services and reduces the spending on expensive repair in the future. The recent trend is that drones have been tested to ship hull inspection savvies in Japan. Leading players from Japan have created unmanned vehicles for Ship hull inspection services and for vessel maintenance. Deployment of such technology reduces the divers in surveys and repairs of vessels hull.

Ship hull inspection services Market: Market segmentation

The global Ship hull inspection services market can be segmented into inspection type and application.

On the basis of inspection type, the global Ship hull inspection services market is segmented into:

  • Coating condition
  • General corrosion
  • Pitting and Grooving
  • Deformation
  • Fractures
  • Cleanliness

On the basis of application, the global Ship hull inspection services market is segmented into:

  • Cruise Ships
  • Commercial Vessels
  • Container Ships
  • Naval ships / Military Vessels
  • Offshore Oil and Gas Ships
  • Bunker Vessels

Ship hull inspection services Market: Regional Outlook

The European region is considered as a leading regional market in the global Ship hull inspection services market followed by North America and Asia. The Ship hull inspection services providers are also offering services such as non-destructive testing to acquire contracts from the ship owners or operators and to gain further revenue. In addition to that, there are software providers who are offering solutions for monitoring the condition of ship’s hull and other machinery.

This has further supported the growth of global Ship hull inspection services market. The South East Asian and Latin American regions are growing in shipping and marine applications, and it has enhanced the growth in number of Ship hull inspection services providers.

The leading Ship hull inspection services providers are collaborating or partnering with technology providers to offer advanced solutions which will reduce the operation duration of services and supports in cost savings. The Ship hull inspection services players are predominantly based out in the USA, the UK, Norway, Japan, China and Singapore. The growing number of ship building projects will further drive the growth of global Ship hull inspection services market.

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Ship hull inspection services Market: Key Market Participants

Some of the key market participants in the global Ship hull inspection services market are:

  • AIM Control Group
  • Blueye
  • Carisbrooke Shipping Limited.
  • Commercial Diving Services Pty Ltd
  • DEEP TREKKER INC.
  • HULL INSPECTION SERVICES LMITED.
  • HULLINSPECTOR
  • IMF Technical Services Ltd
  • Inuktun Services Ltd.
  • Marine Inspection Services Ltd
  • NIPPON KAIJI KENTEI KYOKAI.
  • Norwegian Marine & Cargo Survey
  • Overseas Merchandise Inspection Co., Ltd.
  • SolidTech
  • TechKnowServ
  • TECHNOS MIHARA Co., Ltd.
  • Ultramag
  • Yash Marine Consultants

The Ship hull inspection services market research report presents a comprehensive assessment of the Ship hull inspection services market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Ship hull inspection services market research report provides analysis and information according to market segments such as geographies, inspection type, and application.

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Marine Thrusters Market to receive overwhelming hike in Revenues by 2018-2028: Persistence Market Research

Marine Thrusters Market: Introduction

Marine Thrusters are devices designed to give a hydrodynamic thrust, either sideways or forward, to enable the movement of the ship, boat or vessel they are attached to. Marine thrusters help in the movement, maneuvering, dynamic positioning and steering of the vessel on water bodies.

Marine thrusters not only help in maneuvering of the vessel, but they also increase hydro-dynamic efficiency, reduce vessel rudder, and emits less vibration and noise. Due to this, marine thrusters are widely used in passenger ships and other commercial vessels. Marine thrusters also reduce fuel consumption as they generally require lower installed power to operate. All these factors make marine thrusters an optimal solution for ship propulsion system.

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On the basis of their function and type, marine thrusters are usually categorized into lateral thrusters, jet thrusters, azimuthal thrusters, retractable thrusters and a few others, depending on the maneuverability options they provide. Out of the types mentioned, azimuthal thrusters, jet thrusters and retractable thrusters dominate the marine thrusters market

Marine Thrusters Market: Dynamics

The rise in international seaborne trade and constant increase in deployment and sales of ships for general sea based logistics, globally, are expected to be the two major factors driving market growth for marine thrusters. Moreover, boost in demand for resources, such as, coal, crude oil, iron, and steel from the developing regions is also expected to fuel the market growth for marine thrusters during the forecast period. Rise in use of inland waterways and certain technological advancements have been observed.

Increased demand for marine thrusters from various emerging shipbuilding & repair market is expected to provide immense opportunities for the market growth of marine thrusters. Recovering crude oil prices is expected to contribute towards the growth of oil & gas and other commodities trade, especially through sea, which is expected to contribute towards the growth of marine thrusters market globally.

However, certain stringent guidelines with respect to environmental responsibilities and humongous capital investments required to set up new manufacturing units might hamper marine thruster’s market growth during the forecast period. Certain fluctuations in oil process, low freight rates and shipping overcapacity might also create challenges for the marine thrusters market

Marine Thrusters: Market Segmentation

The global Marine Thrusters market has been segmented on the basis of operation as:

  • Fixed Pitch Propeller
  • Controllable Pitch Propeller

The global Marine Thrusters market has been segmented on the basis of application as:

  • Oil & gas rigs
  • Commercial (passenger, cargo and other vessels)
  • Military Vessels
  • Private & Recreational Cruises

The global Marine Thrusters market has been segmented on the basis of type as:

  • Tunnel Thrusters
  • Jet Thrusters
  • Azimuthal Thrusters
  • Lateral Thruster
  • Retractable Thruster 

Marine Thrusters Market: Regional Overview

Europe and Asia-pacific is home to some of the major shipbuilding industries in the world. Presence of large number of shipbuilding companies is expected to drive the marine thrusters market growth significantly in these regions. Growth of shipbuilding industry in countries like China, South Korea and other Asia-Pacific countries, coupled with the growing seaborne trade in these regions is expected to propel the marine thrusters market growth in the region. Also, Asia-pacific is expected to register a high growth rate in the marine thrusters market. North America is also expected to contribute significantly towards the growth of marine thrusters market due to the presence of a highly developed marine industry in the region. Middle-East and Africa is expected to hold moderate share in the marine thrusters market, due to the lack of major shipbuilding companies in the region, but is expected to propel the market growth in the region due to the rise in sea-trade in gulf countries.

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Global Marine Thrusters Market: Key Players

Examples of some of the market participants in the global Marine Thrusters market identified across the value chain include:

  • VETUS Twin Disc, Incorporated
  • Lewmar Limited
  • Poseidon Propulsion Inc.
  • M.S. Inc.
  • Wärtsilä
  • Veth Propulsion
  • Sleipner Motor AS
  • CRAFTSMAN MARINE
  • Caterpillar Propulsion
  • Hyundai Heavy Industries
  • Rolls-Royce plc 

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Distributed Energy Resource Management System Market to Witness Robust Expansion throughout the Forecast Period 2018-2026

Distributed Energy Resource Management System Market: Introduction

Distributed Energy Resources (DERs) are electricity generation units (less than 10 MW). Distributed Energy Resources systems are decentralized, modular & more flexible technologies that are located within the electric distribution system at or near the end user. Distributed Energy Resources technologies include Distributed generation (DG) and Distributed power (DP). Distributed generation technologies consists of small hydro, biomass, biogas, solar power, wind power, Waste-to-energy, Fuel Cells and geothermal power. Distributed power is a technology that produces or stores power (e.g. batteries and flywheels). Distributed energy resource management system integrates and manages the vast distributed energy resources in a grid.

The distributed energy resource management system market is expected to witness a significant growth over the forecasted period. Distributed energy resource management system are required for the optimization, control and settlement of the entre lifecycle of DERs and helps in balancing and optimizing the power grid in real-time. Distributed energy resource management system brings DER technologies into the grid while quantifiably improving system efficiency and strengthening system function. Distributed energy resource management system market has a high potential for incremental growth during the forecasted period.

Distributed Energy Resource Management System Market: Market Dynamics

In recent years energy regulation and advances in technology have driven a significant rise in distributed energy resources. The residential and industrial customers are shifting from centralized to de-centralized power generation hence are driving the global distribution energy resource management system market. The DERs are affecting the grid reliability and performance, hence advancing the scope of distributed energy resource management system. Distributed energy resource management system along with increasing the reliability also reduces the overall cost, maintain power quality, reduces losses and ensure safe operation of the grid. With the falling renewable energy prices, rising environmental concern and favorable government policy are driving the distribute energy resources hence drive distributed energy resource management system market.

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High initial investment is the major factor restraining the adoption of distributed energy resource management system among the consumer, hence hampering the market growth. Furthermore, regulatory issues related to DERs could be a restraint for the distributed energy resource management system market.

Owing to the reduced cost of DERs such as solar PV and battery storage the residential sector is expected to have high growth rate during the forecasted period. Growing number of distributed energy resources is expected to present a significant challenges in the grid, distributed energy resource management system is expected to be the perfect solution for managing these resources. Global vendors are investing immensely on research and development of sophisticated distributed energy resource management system to control and manage the growing number of distributed energy resources.

Distributed Energy Resource Management System Market: Segmentation

Distributed energy resource management system market segmentation on the basis of end user:

  • Industrial
  • Commercial
  • Residential
  • Defense
  • Government and Municipalities

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Distributed energy resource management system market segmentation on the basis of DERs Technologies:

  • Solar PV
  • Micro turbines
  • Internal Combustion Engines
  • Stirling Engines
  • Fuel Cells
  • Biomass
  • Biogas
  • Geothermal power
  • Energy Storage/UPS Systems
  • Wind power
  • Hybrid Systems

Distributed energy resource management system market segmentation on the basis of Software:

  • Distribution management software
  • Analytics
  • Virtual power plant & simulation

Distributed Energy Resource Management System Market: Regional outlook

In North America Distributed Energy Resource Management System Market is expected to grow with a moderate rate owing to increasing in utilization of renewable energy, especially in the U.S. The installation of rooftop solar PV in residential area have grown significantly grown over past few years. Hence, U.S. possesses an immense opportunity for the distributed energy resource management system. North America is expected to dominate Distributed Energy Resource Management System Market over the forecasted period. In the Asia-Pacific region the distributed energy resource management system market is expected to be driven owing to the increasing popularity and investments in renewable energy resources.

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Distributed Energy Resource Management System Market: Key participants

Examples of some of the market participants in the global distributed energy resource management system market identified across the value chain include:

  • ABB
  • Siemens AG
  • GENERAL ELECTRIC
  • Spirae, LLC
  • Schneider Electric
  • Advanced Microgrid Solutions
  • Blue Pillar
  • AutoGrid Systems, Inc.
  • Opus One Solutions
  • Smarter Grid Solutions
  • Open Access Technology International, Inc.
  • Sunverge Energy Inc
  • EnerNOC, Inc.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources.

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