Why Are Developing Countries Making Fire Extinguishers Mandatory?

Every year, more than 180,000 people die of burns, according to the estimates of the World Health Organization (WHO). Moreover, as per the agency, “…the vast majority occur in low- and middle-income countries.”, which is attributed to the lax or non-existent fire safety standards in many developing and under-developed countries. In contrast, North America and European countries have stringent regulations regarding fire safety, which help avert numerous serious disasters each year.

As a result of both these factors, P&S Intelligence expects the market for fire extinguishers to grow from $4,487.0 million in 2017 to $6,452.3 million by 2023, at a 6.2% CAGR between 2018 and 2023. This is because a fire extinguisher is the basic that people and buildings can have to avert disasters. All types of buildings, be it industrial, residential, or commercial, in most of the developed countries are mandated to have such equipment on all floors.

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Coupled with the rampant construction activities, the surging awareness on fire safety and implementation of related rules, are expected to make Asia-Pacific the fastest-growing fire extinguishers market in the years to come. For instance, in India, all newly constructed buildings, be it apartment complexes, schools and colleges, office buildings, or hospitals, are mandated to have fire extinguishers. Moreover, to increase the awareness on fire safety, several government and private organizations conduct seminars and drills across the country, where the dos and don’ts in case of fire and instructions to operate an extinguisher are conveyed.

Hence, with the increasing construction activities around the world in response to the booming population and need to give it better facilities, coupled with the steps being taken to reduce the burn-associated mortality, sales of fire extinguishers will keep increasing.

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Growing Demand for Water Treatment Fueling Sales of Flocculants and Coagulants

The rising requirement for water treatment in several countries is pushing up the demand for flocculants and coagulants across the world. Due to the surging population levels, many countries are witnessing a sharp surge in urbanization and industrialization, which are, in turn, augmenting the environmental degradation. Moreover, with soaring industrialization, the pollution of water bodies is rising rapidly, which is, causing a massive shortage of safe and clean drinking water.

This is, in turn, propelling the sales of flocculants and coagulants as these materials are used for treating water and making it safe for drinking. With the surging sales of these materials, the global flocculants and coagulants market is set for lucrative growth in the coming years. Flocculants and coagulants are basically water treatment chemicals that are required for removing toxic wastes from water. The usage of flocculants causes the clumping of waste particles.

Geographically, the flocculants and coagulants market recorded the highest growth in the Asia-Pacific (APAC) region. Moreover, the industry will register huge expansion in the APAC region in the coming years, as per the estimates of P&S Intelligence, a market research firm based in India. This will be because of the rising requirement for flocculants and coagulants chemicals in various chemical industries, the high industrial output, and the rapid economic progress of the regional countries. 

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The widening application base of flocculants and coagulants is boosting the demand for these chemicals, worldwide. To cater to this demand, several companies are introducing advanced products. Some of the key players include BASF SE, SUEZ, Akzo Nobel N.V., SNF s.a.s., Feralco AB, National Aluminum Company Limited, Kurita Water Industries Ltd., Kemira Oyj, Evonik Industries AG, Ecolab Inc., Solvay SA, Chinafloc, Cytec Industries, and Jayem Engineers.

Hence, it is safe to say that the sales of flocculants and coagulants will soar across the world in the future years, primarily because of their ballooning usage in the water treatment process and the growing requirement for water treatment processes in various countries around the world. 

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3D Bioprinting Finding Increasing Usage in Stem Cell Culture

As per government sources, more than 107,000 people in the U.S. were waiting for an organ transplant in February 2021. Moreover, last year, merely 39,000 such surgeries were performed in the country. Due to such a staggering difference in the number of those who need organ transplants and those who ultimately get it, 17 people die each year in waiting. The reasons are aplenty; despite campaigns and awareness programs by government and international organizations, such as the United Nations (UN) and World Health Organization (WHO), not many are willing to donate their organs.

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For 3D bioprinting, the shape and size of the organ to be replaced inside the patient are obtained via a computed tomography (CT) or magnetic resonance imaging (MRI) scan. Thereafter, the scan is fed to computer-aided design (CAD) software for printing a 3D model. This is followed by the preparation of the bioink, which is essentially living cells mixed with a base like gelatin, collagen, silk, hyaluronan, nanocellulose, and alginate, which nourishes the cells and keeps them alive. Finally, the 3D model is broken into extremely thin layers by slicer software, which commands the 3D printer to create the organ from the bioink.

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Another significant application of 3D bioprinting is cell culture, especially those of stem cells. Stem cells obtained from the ovaries, fetuses, embryos, and adults can differentiate themselves into many types of cells, tissues, and even complete organs, which is another way in which the dearth of transplantable organs can be addressed. For this purpose, 3D bioprinting is helping in the culture of stem cells with high throughput, for regenerating tissue. The bioink used in 3D printers is now being laden with stem cells, so that the desired tissue or organ can be created.

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How Are Educational Institutions Improving Learning Through 3D Printing?

Manufacturing firms are using 3D printing to explore opportunities offered by additive manufacturing. Production units are integrating additive manufacturing into their organization to yield faster and better results. Over the years, 3D printing has gained popularity in additive manufacturing, which was previously based on the subtractive process in which wasted raw materials are reused several times. For example, automotive production facilities use left-over metal sheets to develop metal plates to be reused for the manufacturing of other parts. However, in recent years, the usage of 3D printing materials has escalated, due to the growing adoption of 3D printing technology.

Additionally, the rising integration of the 3D printing technology in the education sector will propel the 3D printing materials market at a CAGR of 16.7% during 2018–2023. According to P&S Intelligence, the market stood at $558.4 million in 2017 and it is expected to surpass $1,365.6 million by 2023. Educational institutions are using 3D printing to boost the cognitive ability of students and transform their ideas into physical form. This printing technology is enabling students to design basic 3D shapes, on laptops and tablets, and explore novel ideas. 

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In the coming years, North America is expected to register the highest sales of 3D printing materials, owing to the strong presence of established players and rapid growth in the usage of 3D printing technology. Moreover, rising adoption of this technology in the medical and dental sector will accelerate the usage of such materials in the region. However, the Asia-Pacific (APAC) 3D printing materials market will exhibit the fastest growth during the forecast period, due to the hefty investments in research and development (R&D) and supportive government policies regarding 3D printing technology. 

Thus, the growth in the automotive, manufacturing, aerospace and defense, and education sectors will amplify the usage of 3D printing materials in the near future.

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Why will Demand for Electroceramics Surge in Asia-Pacific in Coming Years?

The rapid expansion of the semiconductor and electronics industry is one of the major factors responsible for the mushrooming sales of electroceramics across the world. This is because electroceramics are extensively used for manufacturing electronic devices and semiconductors such as data storage devices, sensors and actuators, power distribution devices, and capacitors. Electroceramics are technologically feasible and have the ability to maintain economic viability and optimize size and space constraints in various final products such as computers, laptops, and smartphones.

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They are used in oxygen sensors, spark plugs, knock sensors, and combustion sensors in automobiles. Moreover, the vehicles that run on internal combustion engines such as cars, motorcycles, commercial vehicles, low-engine power vehicles, and boats/ships use these systems and sensors to monitor qualitative and key performance indicators in automobiles. Due to these factors, the demand for electroceramics is growing sharply all over the world. This is driving the advancement of the global electroceramics market.

Across the globe, the electroceramics market recorded the highest growth in the Asia-Pacific (APAC) region in the past years. Moreover, the market is predicted to demonstrate the fastest growth in this region in the forthcoming years as well. This will be because of the mushrooming requirement for electroceramics in automotive and consumer electronics manufacturing plants and facilities in the regional countries such as India, China, Japan, Taiwan, and South Korea.

Hence, it is safe to say that the demand for electroceramics will shoot up all over the world in the upcoming years, primarily because of their ballooning utilization in the automotive and semiconductor and electronics industries and the rapid expansion of these industries in several countries.

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Why is Demand for Plastic Recycling Surging in Asia-Pacific?

The soaring generation of waste products is augmenting the pollution levels, which is, in turn, fueling rapid environmental degradation. As a result, the governments of several countries are enacting policies aimed at mitigating waste material production or better managing the disposal of these waste materials. For instance, the Chinese government banned the imports of as many as 24 kinds of waste materials including non-industrial plastic wastes, in the country in December 2017. 

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This ban directly affected a very high volume of around 5.1 million metric tones of plastic waste. Moreover, this policy has fueled the popularity of plastic recycling in the country. Apart from these government regulations, the escalating marine, air, and land pollution levels in several countries, on account of the rising commercialization and industrialization rates, are also fueling the requirement for plastic recycling and changing plastic consumption patterns across the world. 

Furthermore, the rising public awareness about environmental consequences of plastic waste generation and disposal, the mushrooming demand for environment-friendly waste disposal methods, and the growing popularity of domestic recycling, especially in various North American and European countries, are also propelling the demand for plastic recycling processes throughout the world. This is driving the expansion of the global market for plastic recycling. The market valuation is predicted to surge from $41,238.8 million in 2018 to more than $64,139.7 million by 2024.

Geographically, the plastic recycling market will exhibit huge expansion in the Asia-Pacific region in the upcoming years, as per the estimates of P&S Intelligence, a market research company based in India. This will be due to the development of numerous small-scale processing facilities and plants in this region. Furthermore, the existence of affordable labor and relaxed environmental regulations and norms regarding plastic usage is propelling the market advancement in the region. 

Therefore, it can be said with full surety that the demand for plastic recycling will soar all over the world in the coming years, primarily because of the rising public awareness about the environmental consequences of plastic disposal and heavy generation of plastic wastes and the increasing enactment of strict regulations regarding plastic disposal in several countries.

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How Is Mining Sector Fueling U.S. Engine-Driven Welder Market?

The U.S. engine-driven welder market will grow at a CAGR of 6.0% during the forecast period (2019–2024), on account of the rising adoption of engine-driven welders in the mining sector and pipeline construction and maintenance operations. The mining and pipeline operations require such welders in remote locations, where there is lack of electricity supply. These factors, will therefore, help the market in escalating from $133.1 million in 2018 to $188.9 million by 2024, in the country. 

In recent years, the U.S. engine-driven welder market has witnessed a significant demand for advanced engine-driven welders. This market trend has encouraged leading manufacturers, such as Lincoln Electric Holdings Inc. and Miller Electric Mfg. LLC, to develop easy-to-operate, lightweight, and compact welders that require less set-up time. For example, Lincoln Electric Holdings Inc. introduced Ranger 330 MPX, a new gas-based engine-driver generator and welder, in February 2019. This product has smaller footprint, is lighter, and has smaller capacity than other machines of its kind. 

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Based on fuel type, the U.S. engine-driven welder market is classified into gasoline and diesel. Between the two, the diesel category is predicted to demonstrate higher growth in the market in the future years. Moreover, this category is predicted to register faster growth in the market in the upcoming years. This would be because of the growing usage of engine-driven welders in pipeline maintenance and construction operations in the country.

The U.S. engine-driven welder market is highly consolidated in nature, with the presence of few major manufacturers, including Hobert Welding Products, Multiquip Inc., Tomahawk Power LLC, Denyo Co. Ltd., and ESAB AB. However, the market is characterized by a large number of distributors such as Airgas Inc., WELDING SUPPLIES FROM IOC, A&B Welding Supply, Middlesex Welding Sales, One Source Equipment Rentals Inc., Cryo Weld, Barnes Welding Supply, TS Distributors Inc., Service Welding Supply, and Norco Inc.

Thus, with the rising number of mining and construction activities, the market will advance at a significant rate in the forecast years.

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