Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Immersion Cooling Market. 

It was estimated prior to this unanticipated outbreak Immersion Cooling Market will reach CAGR of 24% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Immersion Cooling Market Insights

Immersion cooling market is likely to witness an impressive CAGR of 24% during the forecast period. High-density power consumption, increasing number of hyper-scale data centers, and the need for an effective and energy-efficient immersion cooling solution are likely to drive the growth of the immersion cooling market during the forecast period.

Market Share Analysis

Immersion Cooling Market Share: By Cooling System Type

Based on the cooling system type, the market is segmented as single–phase immersion cooling system and two-phase immersion cooling system. Single–phase immersion cooling system held the larger share of the market in 2019, and is expected to grow at a higher CAGR during the forecast period. Coolant in this type of immersion cooling system remains always in liquid form as it never boils or freezes.

Immersion Cooling Market Share: By Application Type

Based on the application type, the immersion cooling market is segmented as high-performance computing, edge computing, cryptocurrency mining, and others. The high-performance computing segment governed the market in 2019, whereas cryptocurrency mining is estimated to be the fastest-growing segment during the forecast period.

Immersion Cooling Market Share: By Cooling Fluid Type

Based on the cooling fluid type, the market is segmented as mineral oil, synthetic oil, and fluorocarbon based, and others. Mineral oil held the largest share of the market in 2019, as it is less costly and is an energy-efficient cooling solution.

Immersion Cooling Market Share: By Region

In terms of regions, North America is the largest market, whereas Asia-pacific is the fastest-growing market for immersion cooling systems. The high demand is because of its increasing use in high-performance computing, cryptocurrency mining, edge computing, artificial intelligence, and cloud computing.

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including IGBT Market. 

It was estimated prior to this unanticipated outbreak IGBT Market will reach CAGR of 4.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

IGBT Market Insights

IGBT market is likely to witness a healthy CAGR of 4.5% during the forecast period. The global IGBT market is driven by a host of factors such as increasing demand for factory automation, power efficiency improvements, organic growth of the solar and wind energy sectors, electrification of railways, incessant shift to EVs to curb emissions and high growth in consumer appliances along with the growing demand for inverters.

Market Share Analysis

IGBT Market Share: By Packaging Type

Based on the packaging type, the market is segmented as discrete and module. IGBT module held the larger share of the market in 2019, owing to its wider applications as application of discrete solution is limited mostly up to 50kVA power range, whereas modules are used for medium to high power levels.

IGBT Market Share: By Power Rating Type

Based on the power rating type, the IGBT market is segmented as low, medium, and high. The medium power rating segment is expected to capture the largest share of the market during the forecast period, owing to high preference of IGBT for the medium power segment.

IGBT Market Share: By Application Type

Based on the application type, the market is segmented as power transmission systems, renewable energy, rail traction systems, EV/HEV, motor drives, consumer electronics, and others. The motor drives segment is expected to remain largest, whereas EV/HEV is projected to be the fastest-growing segment of the market during the forecast period, owing to their organic growth thrusted by stringent emission regulations and several government initiatives.

IGBT Market Share: By Region

In terms of regions, Asia-Pacific is expected to remain the dominant as well as the fastest-growing region in the market over the coming five years owing to the fastest-growing EV/HEV market, the largest consumer electronics, solar and wind energy sectors, and growing industrial automation in the region. Industrialization, urbanization, and increasing disposable income in the emerging economies will continue to propel the demand for IGBT in the region during the forecast period. Organic growth of automotive industry with increasing penetration of electric vehicles to reduce carbon emissions is also likely to boost the demand for IGBT products in the region.

Feb 26,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Metallocene Polyethylene Market.

It was estimated prior to this unanticipated outbreak that the Metallocene Polyethylene (mPE) Market was expected to grow at a CAGR of 6.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Metallocene polyethylene (mPE) is a new generation, high-performance polyethylene (PE) used in a large number of applications, such as agriculture, building and construction, and packaging. It is highly resistant to impact and tearing and possess excellent sealing property. It is also known as Linear Metallocene.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the application type, the metallocene polyethylene (mPE) market is segmented as films, sheets, injection molding, extrusion coating, and others. The films segment is expected to lead the market during the forecast period. Packaging industry is the major demand generator of metallocene polyethylene. The growth of the segment is owing to the properties of metallocene polyethylene, such as high chemical and moisture resistance and rigidity-to-thickness, on account of which it finds extensive usage in various applications.

Based on the product type, the market is segmented as mLLDPE, mHDPE, and others. The mLLDPE segment is expected to remain dominant during the forecast period due to its properties, such as puncture resistance and high tensile strength, which makes it to be widely adopted for many applications. Some of the industrial applications include chemical storage containers and water tanks, consumer goods, such as food packing material.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing metallocene polyethylene (mPE) market during the forecast period, followed by North America and Europe. Huge demand for packaging material for the food and beverages industry, particularly in China, India, and South Korea, is driving the Asia-Pacific region’s market.

Key Players:

Some of the major metallocene polyethylene (mPE) manufacturers are-

• Borealis AG
• Exxonmobil Corporation
• Formosa Plastics Corporation
• INEOS
• Lyondellbasel Industries Holdings B.V.
• Prime Polymer Co., Ltd.
• SABIC
• The Dow Chemical Company
• Total Petrochemicals & Refining USA, Inc.
• Univation Technologies, LLC.

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including HVAC Filters Market. 

It was estimated prior to this unanticipated outbreak HVAC Filters Market will reach CAGR of 5.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

HVAC Filters Market Insights

HVAC Filters market is likely to witness a CAGR of 5.5% during the forecast period. The prime factors that are driving the HVAC filters market are increasing demand for HVAC systems, stringent government regulations for efficient filtration, growing awareness about indoor air quality, expanding construction sector, and technological advancements in the HVAC filters.

Market Share Analysis

HVAC Filters Market Share: By Material Type

Based on the material type, the market is segmented as fiberglass, synthetic polymer, carbon, and metal. The synthetic polymer material type held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Synthetic polymers (such as PTFE, PE, PP, and Polyester) are used in the form of stretched films which increase the surface area, leading to more efficient capturing of airborne particles in HVAC systems. This is the major factor driving the demand for synthetic polymers in the HVAC filters market.

HVAC Filters Market Share: By End-Use Industry Type

Based on the end-use industry type, the market is segmented as building & construction, pharmaceutical, food & beverage, automotive, and others. The building & construction segment is estimated to account for the largest share of the market during the forecast period. The segment’s growth is driven by residential and commercial buildings, which majorly use HVAC systems for thermal comfort and superior indoor air quality. In addition, the growth is primarily attributed to the mounting demand for green buildings and awareness about indoor air quality as HVAC filters help in enhancing the indoor air quality.

HVAC Filters Market Share: By Technology Type

Based on the technology type, the HVAC filters market is segmented as electrostatic precipitators, HEPA, activated carbon, and others. The HEPA segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Strong demand from industries such as buildings & construction, pharmaceuticals, food & beverages, and electrical & electronics, owing to its capability to trap 99.97% of dust particles that are 0.3 microns or larger in size, are the major factors behind its dominance in the market.

HVAC Filters Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for HVAC filters during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is majorly driven by significant economic development in the regions, rapidly expanding construction industry, rising global warming, and growing awareness among consumers. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including Structural Insulated Panel Market. 

It was estimated prior to this unanticipated outbreak Structural Insulated Panel Market will reach CAGR of 6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Structural Insulated Panel Market Insights

Structural Insulated Panel market is likely to witness a healthy CAGR of 6% during the forecast period. The prime factor contributing towards the growth of the structural insulated panel market is the rising demand from the construction sector and cold storage applications.

Market Share Analysis

Structural Insulated Panel Market Share: By Application Type

Based on the application type, the market is segmented as building wall, building roof, and cold storage. The building wall segment held the largest share of the market in 2019, and is also expected to grow at the fastest pace during the forecast period, driven by the increasing demand from residential sector.

Structural Insulated Panel Market Share: By Region

In terms of regions, North America dominated the market in 2019, and is estimated to maintain its leading position during the forecast period as well. The region’s dominance is majorly due to the rising construction activities in Canada and Mexico. Over the years, The USA has witnessed a good increase in the growth of private construction spending. Also, the current trend of multi-family building has led the US Census Bureau to provide more permits for construction of new residential buildings.