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Comprehensive Analysis of Pressure Vessels Procurement: Trends and Forecasts 2023-2030

  Pressure Vessels Category Overview The global pressure vessels category is anticipated to grow at a CAGR of 3.8% from 2023 to 2030. Growth of the category can be attributed to rising industrialization, growing energy demand, rising adoption of supercritical power generation technologies, rise of chemical & petrochemical sectors, and stringent government regulations & policies for safely transfer of gases and chemicals. The product offered in the category witnesses significant application in chemical & petrochemical sector.Pressure vessels are required for a variety of processing operations in the sector, such as chemical storage, mixing, distillation, and chemical reactions.The demand for novel, tailored compounds that fulfil certain needs and provide improved functionality is what is causing this change. However, high cost involved in the manufacturing and maintenance of pressure vessels as it requires specialized design & engineering would hinder the growth of the

Filtration Membrane Industry Set to Experience Robust Growth from 2023 to 2030

  Filtration Membrane Industry | Forecast 2030 Grand View Research’s filtration membrane sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research. The economic value generated by the filtration membrane industry was estimated at approximately USD 20.84 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of filtration membranes distribution & supply, and application of filtration membranes. Access the Global Filtration Membrane Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, trade

Industrial Valves Procurement: Unlocking Cost Savings and Operational Efficiency

  Industrial Valves Category Overview The industrial valves category is anticipated to grow at a CAGR of 5.7% from 2023 to 2030. The growth in the category is mainly driven by the rising usage of valves in power, oil & gas, metalworking, and chemical industries. To keep up with the growing demand, valve producers must lower fabrication costs while keeping up with the industry’s trends and innovation. Innovations such as control valves, smart valves, automatic valves, and valves with integrated electronics are expected to drive the category demand. Automatic valves encompassing electric, hydraulic, pneumatic, solenoid, and digital mechanisms are increasingly favored by manufacturing facilities seeking unmanned operations with precise flow control. The primary benefit associated with automatic valves lies in their advanced preventive maintenance capability, effectively reducing the frequency of operational disruptions compared to traditional valves.   Order your copy of the Indu

Positive Displacement Pumps Industry Set for Robust Growth in the Years 2023-2030

  Positive Displacement Pumps Industry | Forecast 2030 The economic value generated by the positive displacement pump industry was estimated at approximately USD 18.35 billion in 2022. The demand from various industries such as oil & gas, chemicals, pharmaceuticals, and water treatment is driving this market’s growth. Positive displacement pumps, known for their precision and ability to handle a wide range of fluids, were increasingly adopted for critical applications where accuracy and reliability were paramount. Technological advancements, including the integration of smart and energy-efficient features, were enhancing the overall outlook of the sector. However, the specific outlook can be influenced by economic conditions, technological developments, and industry trends, so it is advisable to check more recent sources for the latest information. Positive displacement pumps transfer the fluid mechanically by repeatedly enclosing a fixed volume with the help of seals or valves.

Centrifugal Pump Industry Set to Witness Exponential Growth by 2030

  Centrifugal Pump Industry | Forecast 2030 The economic value generated by the centrifugal pump industry was estimated at approximately USD 37.5 billion in 2022. The rising residential and commercial infrastructure, coupled with the expansion of the manufacturing industry globally, is expected to drive the demand for centrifugal pumps globally. One of the key drivers behind this growth is the need for reliable and efficient fluid transportation in various applications. Centrifugal pumps offer advantages such as high flow rates, low maintenance requirements, and the ability to handle a varied range of fluids, making them indispensable in numerous industries. Furthermore, the development of advanced technologies, such as variable frequency drives (VFDs) and IoT-enabled monitoring systems, has enhanced the performance and efficiency of centrifugal pumps, further fueling their adoption.   Access the Global Centrifugal Pump Industry Data Book, 2023 to 2030 , compiled with details like

Plastic Processing Machinery Industry: A Look into the Future 2023-2030

  Plastic Processing Machinery Industry | Forecast 2030 Plastic Processing Machinery Industry Data Book - Plastic Injection Molding Machine, Plastic Extrusion Machinery, Plastic Blow Molding Machine Market The economic value generated by the plastic processing machinery industry was estimated at approximately USD 21.13 billion in 2022. This market incorporates a wide range of equipment used in the manufacturing and processing plastic products, including injection molding machines, blow molding machines, extrusion machines, and more. The demand for plastic products across various industries, such as packaging, automotive, electronics, and construction, has been a key driver for the expansion of this market.   Access the Global Plastic Processing Machinery Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological f

Air Compressor Industry Surges: A Promising Outlook for 2023-2030

  Air Compressor Industry Data Book | Forecast 2030 Air Compressor Industry Data Book - Reciprocating Air Compressor, Rotary/Screw Air Compressor and Centrifugal Air Compressors Market The economic value generated by the air compressor industry was estimated at approximately USD 24.35 billion in 2022. With the burgeoning need to control the spread of the COVID-19 infection, governments worldwide implemented strict national lockdowns in 2020. This, in turn, hampered the growth of various sectors and industries. Likewise, the market for air compressors was also affected by the pandemic, witnessing a significant decline in sales and profits. Furthermore, the increasing cases of COVID-19 in various countries due to the second wave resulted in partial lockdowns across the globe. This has subsequently impacted the investments in the oil and gas industry along with the market’s growth.   Access the Global Air Compressor Industry Data Book, 2023 to 2030 , compiled with details like market