Machinery Industry - Market Research Report

  The global   drilling waste management market   size is expected to reach USD 7.41 billion by 2030, registering to grow at a CAGR of 4.5% from 2024 to 2030 according to a new report by Grand View Research, Inc. Growing ecological awareness towards effective treatment and disposal of drilling wastes coupled with strict regulations to enforce the laws will boost the market growth. Increasing drilling activity for natural gas exploration along with growing construction sites for residential and commercial spaces is predicted to drive the global drilling waste management market over the forecast timeframe. Applications of the market include onshore and offshore drilling wastes. Onshore application segment is the dominant sub-segment of the market, while the offshore application is predicted to witness significant growth by 2030. North America leads the onshore application segment owing to the unprecedented domestic production levels crude oil, largely due to the wide adopti...

  The global   cold milling machine market   size is anticipated to reach USD 3,566.5 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.1% over the forecast period. The market growth is attributed to the increasing adoption of cold milling machines for road construction and maintenance activities. For instance, the National Highways Authority of India reports that the annual construction of 4, 6, and 8-lane national highways has surged by more than 300% between 2016 and 2022. The rising technological advancements coupled with a growing number of smart city initiatives around the world are predicted to drive market demand of cold milling machines during the forecast period. For instance, Wirtgen Group, a producer of road construction and maintenance machinery, launched its new series of small milling machines in March 2022. Wirtgen has a large selection of cold milling machines in the industry, with mill...

  The global   polyurethane processing machine market   size is expected to reach USD 5.15 billion by 2030, registering a CAGR of 3.8% during the forecast period, according to a new report by Grand View Research, Inc. Polyurethane processing machine market growth is significantly driven by new applications in the medical field and rising research & development activities. Polyurethane finds application in the medical field due to its biocompatibility and non-toxic nature to the human body. Attributed to these characteristics, polyurethane is being widely opted for the manufacturing of hospital bedding, catheters, analysis device housings, and tubes. A surge in healthcare spending and manufacturing is anticipated to drive demand for PU processing machines. Additionally, augmentation in the automotive industry is expected to support market growth. PU processing machines are used for the manufacturing of interior body insulation, car seats, armrests, and headrests. Polyu...