According to the current analysis of Reports and Data, the global Powder Induction Process Market was valued at USD 895.0 Million in 2020 and expected to reach USD 1,150.5 Million by the year 2028, at a CAGR of 3.10%. The major factors which drive the market for Powder Induction Process include the reduction in dust contamination and deaeration time, High production capacity and increased dispersion quality.
The report lists significant players operating in the market that are employing strategies to cater to the surging consumer demand. In addition, rising investments by the key industry players for the RD of products and automation of production facilities will bolster market growth during the forecast period. The report also discusses in detail the recent collaborations, partnerships and mergers acquisition in the market to help clients make strategic investment plans accordingly.
The report focuses on company overview, financial standing, global market position, revenue contribution, production and manufacturing capacity, and business expansion plans. It also focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches, and brand promotions, among others. The study includes SWOT analysis and Porter’s Five Forces analysis to provide a comprehensive overview of the competitive landscape.
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The report projects the growth rate of the leading market segments for the coming years by studying the current market scenario, past performance, demand and supply ratio, production consumption, revenue, challenges, and growth opportunities in the market. The segmentation given in the study aims to help readers identify promising investment areas and help companies in formulating better business strategies to reach their desired goals.
Key Players:
Key participants include Admix Inc. (US), John Bean Technologies Ltd. (US), SPX Flow (US), Ystral GmbH (Germany), IDEX Corporation (US), Charles Ross Son Co. (US), Hayward Gordon Group (Canada), Axiflow Technologies Ltd. (US), Silverson Machines Inc. (UK), Noritake Co. Ltd (Japan), IKA Werke GmbH (Germany), and Joshua Greaves Sons Ltd. (UK).
Further key findings from the report suggest:
- The Powder Induction Process market are growing at a CAGR of 9% in the Asia Pacific, followed by North America and Europe.
- Based on the process, the market is into Continuous processing and Batch Processing system. Continuous processing is a predominantly used system meant for mixing solids (powders, granulates) with liquids. The amount of energy needed, and thus the degree of mixing is determined by the speed and the tool configuration chosen. For simple processes such as filling tanks or storage containers, volumetric dosage systems are generally adequate. In the case of fully continuous processes requiring high levels of precision, quantity controlled dosage pumps used for the liquids and differential dosage scales for the solids.
- Based on the Mixing segment, the market segmented into In-Tank and In-Line Mixing type. The inline mixing system produces a stronger induction vacuum in its dispersing area, allowing it to work with any viscosity that can be pumped, including sticky powders. For extremely high viscosity goods such as offset printing inks, silicone sealants, knifing filler or glue, the machine is used in combination with a volumetric pump. This ability of inline mixing expected to boost the market in the upcoming years.
- The Asia Pacific market expected to grow at the highest CAGR in the Powder Induction Process market due to the enormous growth opportunity of the food and beverage and pharmaceutical industries in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand, and Malaysia.
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Market Segmentation:
Process (Revenue, USD Million; 2020–2028)
- Continuous Processing
- Batch Processing
Mixing Type (Revenue, USD Million; 2020–2028)
- In-Tank
- In-Line
Application (Revenue, USD Million; 2020–2028)
- Food Beverages
- Pharmaceuticals
- Cosmetics and Personal Care
- Chemical
- Others
Regional Outlook (Revenue in USD Million; 2020–2028)
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East Africa
- Latin America
- Brazil
Key Coverage of the Report:
- Region and country-wise assessment from the period 2016-2028. For the study, 2016-2017 has utilized as historical data, 2020 as the base year, and 2019-2028, has been derived as forecasts
- Demand and Supply GAP Analysis
- Market share analysis of the key industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
Key questions answered:
- Which of these regions – North America, Europe, Asia Pacific, Latin America, and Middle East Africa, dominates market share?
- What is the outcome of the COVID-19 Impact Analysis performed in the report?
- What are the revenue estimations for every region in the Powder Induction Process market?
- What is the current market valuation of each region and the estimated market size by the end of the forecast period?
- What is the projected growth rate of the global Powder Induction Process market?
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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