Ultra-low Temperature Freezers Global Market Report 2023 – By Type (Chest Freezers, Upright Freezer), By Application (Blood And Blood Products, Organs, Pharmaceuticals, Forensic, Genomic Research), By End User (Bio-Banks, Pharmaceutical and Biotechnology Companies, Academic And Research Laboratories, Other End-Users) – Market Size, Trends, And Global Forecast 2023-2032

A home freezer is a larger container where the temperature is maintained below the freezing point for storing the food for longer periods. The main products of the home freezers market are chest freezers, upright freezers, and others. A chest freezer is a freezer that looks like a chest and has a door that lifts open. The types of doors are 1 door, 2 doors, 3 doors, and 4 doors. The capacity used is 200 and below, 200-300, 300-500, 500, and above. The applications are residential, commercial, and industrial. The global home freezers market is segmented - 1) By Product: Chest Freezer, Upright Freezer, Other Products 2) By Application: Residential, Commercial, Industrial 3) By Type Of Door: 1 Door, 2 Door, 3 Door, 4 Door 4) By Capacity: 200 And Below, 200-300, 300-500, 500 And Above The global home freezers market size grew from $7.03 billion in 2022 to $7.48 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global home freezers market is expected to grow to $9.25 billion in 2027 at a CAGR of 5.5%. The increasing consumption of processed food products such as frozen meat, vegetables, and dairy products as well as the change in the dietary habits of consumers is driving the freezers market growth. Due to busy lifestyles, consumers are increasingly relying on processed food and prepared meals that require freezers for storage. According to Rentokil, the processed food industries are valued at $2 trillion globally. The huge market for processed food products is expected to drive the freezers market. Major players in the home freezers market are Daihan Scientific, ThermoFisher Scientific, Haier Group Corporation, AB Electrolux, Hitachi Ltd., LG Electronics, Liebherr Group, Siemens Home Appliances, Brandt, and Beverage-Air Corporation. Intense pricing pressure on manufacturers is restraining the growth of the freezers market. The market has numerous players competing in terms of price, specifications, and other characteristics. Durable goods such as TV, and freezers are more price elastic than necessities. People are more likely to purchase when there is a reduction in the price of the goods and less likely to purchase when there is a price hike. Freezer manufacturers are implementing technologies such as IoT and embedded sensors in their products to improve overall functionality. Manufacturers are introducing advanced human-machine interface designs in freezers and also manufacturing freezers that can automatically recognize the type and weight of the food stored in the refrigerators, and adjust and monitor the temperature as per requirement. Asia Pacific was the largest region in the home freezers market share in 2022. The regions covered in the global home freezers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the home freezers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The home freezer market consists of sales of chest freezers, upright freezers, and others home freezers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The home freezers market research report is one of a series of new reports from The Business Research Company that provides home freezers market statistics, including home freezers industry global market size, regional shares, competitors with a home freezers market share, detailed home freezers market segments, market trends and opportunities, and any further data you may need to thrive in the home freezers industry. This home freezers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A refrigerator is defined as an electrical appliance used to preserve food at cold temperatures. A freezer is part of a refrigerator where the temperature is maintained below the freezing point for storing food for longer periods. The main types of household refrigerators and home freezers are refrigerators, freezers, ice boxes, and refrigerator/freezer combinations. A refrigerator is an electronic household appliance that keeps food and drinks cold by pushing a liquid refrigerant through a sealed system, which causes it to vaporize, and draw heat out of the fridge. The vaporized refrigerant is then passed through coils outside the fridge (at the back or bottom). This warms up the vapor and changes it back into a liquid. The various door types of household refrigerators include single doors, double doors, side-by-side doors, and French doors. The different freezer locations are freezer on top, freezer on bottom, and freezer less, which are used for frozen vegetables and fruit, frozen meat, and other applications. The main types of household refrigerators and home freezers marketed by distribution channel are: specialty stores, supermarkets/hypermarkets, online, and others. The global household refrigerator and home freezer market is segmented - 1) By Type: Refrigerators, Freezers, Ice Boxes, Refrigerator/Freezer Combinations 2) By Refrigerator Door Type: Single Door, Double Door, Side by Side Door, French Door 3) By Freezer Location: Freezer on top, Freezer on bottom, Freezer less 4) By Application: Frozen Vegetable and Fruit, Frozen Meat, Other Applications 5) By Distribution Channel: Specialty Stores, Supermarkets/Hypermarkets, Online, Other Distribution Channels The global household refrigerator and home freezer market size will grow from $55.55 billion in 2022 to $59.96 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global household refrigerator and home freezer market is expected to grow to $78.88 billion in 2027 at a CAGR of 7.1%. The increasing consumption of processed food products such as frozen meat, vegetables, and dairy products as well as change in the dietary habits of consumers is driving the household refrigerator and freezer market growth. Due to busy lifestyles, consumers are increasingly relying on processed food and prepared meals that require refrigerators for storage. According to Rentokil, the processed food industries are valued at $2 trillion globally. The huge market for processed food products is expected to drive the growth of the household refrigerators and home freezers market. Major players in the household refrigerator and home freezer market are Aggreko, Atlas CopCo., Caterpillar Inc., FG Wilson, Kirloskar Electric Co. Ltd., Cummins Inc., Rolls-Royce, Wärtsilä, Yanmar Co. Ltd., and Briggs & Stratton Intense pricing pressure on manufacturers is restraining the growth of the household refrigerator and freezer market. The market has numerous players competing in terms of price, specifications, and other characteristics. Durable goods such as TV, and freezers are more price elastic than necessities. People are more likely to purchase when there is a reduction in the price of the goods and less likely to purchase when there is a price hike. Household refrigerators and home freezer manufacturers are implementing technologies such as IoT and embedded sensors in their products to improve overall functionality. Manufacturers are introducing advanced human-machine interface designs in refrigerators and also manufacturing refrigerators that can automatically recognize the type and weight of the food stored in the refrigerators and adjust and monitor the temperature as per requirement. In September 2021, Whirlpool, a US-based home appliances company acquired Elica for a deal amount of $57 million. Through this acquisition, Whirlpool expands its portfolio in kitchen appliances. Elica is an Italy-based company operating in home appliances including house- hold refrigeration and home-freezers. Asia-Pacific was the largest region in the household refrigerator and home freezer market in 2022. Western Europe was the second-largest region in the global household refrigerator and home freezer market share. The regions covered in the global household refrigerator and home freezer market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the household refrigerator and home freezer market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The household refrigerators and home freezers market consists of the sales of top-freezer refrigerators, bottom-freezer refrigerators, side-by-side refrigerators, french door refrigerators, upright freezers, chest freezers, handle ice boxes, wheeled ice boxes, and other household refrigerators and home freezers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The household refrigerator and home freezer market research report is one of a series of new reports from The Business Research Company that provides a household refrigerator and home freezer market statistics, including household refrigerator and home freezer industry global market size, regional shares, competitors with a household refrigerator and home freezer market share, detailed household refrigerator and home freezer market segments, market trends and opportunities, and any further data you may need to thrive in the household refrigerator and home freezer industry. This household refrigerator and home freezer market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A refrigerator is defined as an electrical appliance used to preserve food at cold temperatures. The main types of refrigerators are single-door, double-door, French-door, and others. A single-door refrigerator has only one outer door, the freezer also has a door, but it can be reached only through the outer door. Also, they are usually available in sizes as small as 50 liters and can go up to 250 liters. The various freezer locations, including freezer-on-top, freezer-on-bottom, and freezer-less, are used for household, commercial, and industrial applications. The refrigerators are distributed through specialty retailers, department stores, mass retailers/hypermarkets/supermarkets, discount stores, and online channels. The global refrigerators market is segmented - 1) By Type: Single-Door, Double-Door, French-Door, Other Types 2) By Distribution Channel: Specialty Retailers, Department Stores, Mass Retailers/Hypermarkets/Supermarkets, Discount Stores, Online 3) By Application: Household, Commercial Use, Industrial Use 4) By Freezer Location: Freezer-on-Top, Freezer-on-Bottom, Freezer-Less The global refrigerators market size will grow from $45.27 billion in 2022 to $48.79 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global refrigerators is expected to grow to $63.66 billion in 2027 at a CAGR of 6.9%. The increasing consumption of processed food products such as frozen meat, vegetables, and dairy products as well as change in the dietary habits of consumers is driving the refrigerators market growth. Due to busy lifestyles, consumers are increasingly relying on processed food and prepared meals that require refrigerators for storage. According to Rentokil, the processed food industries are valued at $2 trillion globally. The huge market for processed food products is expected to drive the growth of the refrigerators market. Major players in the refrigerators market are Electrolux, Haier, LG Electronics, Samsung Electronics, Whirlpool, Hitachi, Bosch, Hisense, Sharp, and Siemens. Intense pricing pressure on manufacturers is restraining the growth of the refrigerators market. The market has numerous players competing in terms of price, specifications, and other characteristics. Durable goods such as TV, and freezers are more price elastic than necessities. People are more likely to purchase when there is a reduction in the price of the goods and less likely to purchase when there is a price hike. Refrigerators manufacturers are implementing technologies such as IoT and embedded sensors in their products to improve overall functionality. Manufacturers are introducing advanced human-machine interface designs in refrigerators and also manufacturing refrigerators that can automatically recognize the type and weight of the food stored in the refrigerators, and adjust and monitor the temperature as required. In November 2021, CoolSys, Inc., an US-based company that provides refrigeration, HVAC, engineering, and energy solutions, acquired Triangle Refrigeration for an undisclosed amount. Through this acquisition, CoolSys, Inc. aims to expand its market presence throughout the Northeast and Mid-Atlantic regions. Triangle Refrigeration is a US-based company operating in the refrigerator industry. Asia-Pacific was the largest region in the refrigerators market in 2022. Western Europe was the second-largest region in the global refrigerators market share. The regions covered in the global refrigerators market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the refrigerators market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The refrigerators market consists of sales of double-door refrigerators, french-door refrigerators, and single-door refrigerators. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The refrigerators market research report is one of a series of new reports from The Business Research Company that provides refrigerators market statistics, including refrigerators industry global market size, regional shares, competitors with a refrigerators market share, detailed refrigerators market segments, market trends, and opportunities, and any further data you may need to thrive in the refrigerators industry. This refrigerators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The temperature management control and maintain specific body temperature through external warming or cooling for a specific duration. The temperature management devices are used in operation theatres during surgeries, ICU, blood warming, and in other chronic conditions such as cardiac ailments, neurological disorders, and cancer. The temperature management market covered in this report is segmented by product into patient warming devices and patient cooling devices. The patient warming devices are used to maintain specific body temperature through external warming. It is also segmented by application into surgery, cardiology, pediatrics, neurology, orthopedic surgery, others and by end-use into the operating room, neonatal ICU, emergency room, ICUs, and others. The global temperature management market is segmented - 1) By Product: Patient Warming Devices, Patient Cooling Devices 2) By Application: Surgery, Cardiology, Pediatrics, Neurology, Orthopedic Surgery, Other Applications 3) By End-Use: Operating Room, Neonatal ICU, Emergency Room, ICUs, Other End-Uses The global temperature management market grew from $2.75 billion in 2022 to $2.84 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global temperature management is expected to grow from $3.17 billion in 2027 at a CAGR of 2.8%. A rise in the prevalence of chronic diseases is expected to drive the temperature management market. For instance, in 2020, Cancer was the leading cause of death accounting for nearly 10 million deaths worldwide. A decrease in temperature increases the inflammation or multiplying of cancer cells in patients. It also acts as a predictor of death for critically ill cancer patients. Hyperthermia, a type of treatment that uses a high temperature, is therefore used for treating cancer patients. Therefore, maintaining temperature for patients with chronic diseases helps in decreasing the infection and saving lives which in turn drives the temperature management market. Major players in the temperature management market are 3M Company, Becton, Dickinson and Company, Draegerwerk AG & Co. KGaA, Smiths Medical, Stryker Corporation, The 37company (The Surgical Company), Zoll Medical Corporation (A Subsidiary of Asahi Kasei Corporation), C. R. Bard, Mennen Medical, and Medtronic (COVIDien). The risk associated with the use of invasive temperature management devices is expected to hinder the temperature management devices. For instance, during the targeted temperature management post-cardiac arrest, the use of invasive temperature management devices is associated with certain risks like an injury at the area of placement, infection, and venous thrombosis. Similarly, surface cooling systems that use blankets or pads wrapped around the patient that circulates cold air or fluid include the rare risk of skin burns and irritation, as well as the risk of overshooting the target temperature in the induction phase. Such risk factors, therefore, are expected to impact the growth of the temperature management market. Wearables are evolving at a rapid pace and are expected to be the new trend in the temperature management system market. Heat due to power consumption causes both circuit malfunctions and low-temperature burns to users. Therefore, researchers are proposing thermal management methods using wearable devices with higher performance. A wearable device is a patch that controls the temperature of the patient’s body as per the wearer’s preference. For instance, the company Embr Labs has released a watch or bracelet called Embr Wave that makes the person feel warmer or cooler based on his preference, thereby acting as a personal thermostat. North America was the largest region in the temperature management market in 2022. Western Europe was the second largest region in the temperature management market report. The regions covered in the temperature management analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the temperature management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The temperature management market consists of revenues earned by entities by real-time environmental and temperature monitoring and ensure patient safety. The market value includes the value of related goods sold by the service provider or included within the service offering. The temperature management market also includes sales of warming devices and cooling devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The temperature management market research report is one of a series of new reports from The Business Research Company that provides temperature management market statistics, including temperature management industry global market size, regional shares, competitors with a temperature management market share, detailed temperature management market segments, market trends and opportunities, and any further data you may need to thrive in the temperature management industry. This temperature management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ultrasound systems are machines used to see internal body structures based on the ultrasound application. Ultrasound systems are used in applications such as radiology/general imaging, orthopedic, cardiology, obstetrics/gynecology, vascular, urology, and other applications (breast imaging, hematology, anesthesiology, and emergency care). The main types in the ultrasound systems devices and equipment market are diagnostic ultrasound systems and therapeutic ultrasound systems. Internal organs are examined using diagnostic ultrasound systems. The various products are A-Mode, B-Mode or 2D Mode, C-Mode, M-Mode, Doppler mode, pulse inversion mode, and harmonic mode. These are used by hospitals, diagnostic imaging and surgical centres, ambulatory surgical centres (ASCs), and clinics. The global ultrasound systems devices and equipment market is segmented - 1) By Type: Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems 2) By End User: Hospitals, Diagnostic Imaging & Surgical Centers, Ambulatory surgical centers (ASCs), Clinics 3) By Product: A-Mode, B-Mode or 2D Mode, C-Mode, M-Mode, Doppler Mode, Pulse Inversion Mode, Harmonic Mode The global ultrasound systems devices and equipment market size will grow from $9.72 billion in 2022 to $10.23 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ultrasound systems devices and equipment market size is expected to grow from $12.06 billion in 2027 at a CAGR of 4.2%. Government and private funding in ultrasonic device manufacturing companies are driving the growth of the ultrasound systems device and equipment market. The investments by private firms as well government would provide adequate capital for the ultrasonic device manufacturing companies to conduct research and development and develop innovative and advanced ultrasound devices. For example, Chinese ultrasonic companies like Sonoscape, Mindray, and SIUI have benefitted from a government initiative to boost local manufacturers. Also, Private equity firm KKR decided to invest $35 million in Australia's ultrasound device maker Signostics Ltd. Hence, this funding would not only encourage innovative devices but boost the market as well. Major players in the ultrasound systems devices and equipment market are GE Healthcare, Siemens Healthineers, Philips Healthcare, Mindray Medical International Ltd., Fujifilm Holdings Corporation, Hitachi Ltd., Toshiba Corporation, Samsung Electronics, and Canon Medical Systems. Strict approvals and regulations by government bodies such as US Food and Drug Administration (FDA) is hampering the growth of the Ultrasound system devices and equipment market. The manufacturers are required to comply with several regulations in the form of device quality check, labeling, premarket approval, device investigation, and reporting, apart from the regular registration process. Such excessive, strict, and rigid regulations are restraining the market's growth. Due to these stringent regulations, many manufacturers prefer to outsource the manufacturing to other countries where no such regulations are imposed. For example, FDA rejected the launch of EDAP TMS's latest High-Intensity Focused Ultrasound (HIFU) device stating safety concerns. The introduction of the 3D/4D Ultrasound devices is the latest trend that is going to change the landscape of ultrasound devices and the equipment market. The 3D/4D technology ultrasound device provides real-time enhanced imaging of the internal anatomy/fetus, also enabling real-time volume imagining. This technology can also help in performing complex surgeries. The 3D/4D ultrasound device would also feature improved image visualization power, shorten examination time and decrease strain injury during the surgery. For example, Toshiba's Aplio i900 Ultrasound machine makes use of the 3D/4D technology. The safety and effectiveness of ultrasound system devices and equipment is heavily monitored and regulated across the world. In November 2021, the Central Drugs Standard Control Organization (CDSCO), Indian regulator of drugs and medical devices, came up with a notification for the use of ultrasound equipment. From the date of release, ultrasound devices are notified as ‘drugs’ and it will be regulated as drugs. These stringent regulatory policies may impact the ultrasound system devices and equipment market in Canada, one of the fastest-growing markets. Western Europe was the largest region in the global ultrasound systems devices and equipment market in 2022. North America was the second largest market in the ultrasound systems devices and equipment market report. The regions covered in the ultrasound devices and equipment analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the ultrasound systems devices and equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, USA, and Australia. The ultrasound systems devices and equipment market consist of sales of diagnostic ultrasound systems (2d imaging systems, 3d & 4d imaging systems, Doppler imaging) and therapeutic ultrasound systems (high-intensity focused ultrasound, extracorporeal shockwave lithotripsy). Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The ultrasound systems devices and equipment market research report is one of a series of new reports from The Business Research Company that provides ultrasound systems devices and equipment market statistics, including ultrasound devices and equipment industry global market size, regional shares, competitors with a ultrasound systems devices and equipment market share, detailed ultrasound systems devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the ultrasound devices and equipment industry. This ultrasound systems devices and equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Low-temperature powder coatings cure at significantly lower temperatures than normal powder coatings. Low-temperature powder coatings are formulated using chemicals such as polyester, epoxy, polyurethane, and acrylic among others. Only goods and services traded between entities or sold to end consumers are included. The main types of resins in low temperature powder coatings are acrylic, polyurethane, polyester and polyester hybrids, and epoxy and epoxy hybrids. The different types of substrates of low temperature powder coatings are non-metal and metal. These are used in furniture, appliances, automotive, architectural, retail, electronics, and medical industries. The global low temperature powder coatings market is segmented - 1) By Resin: Acrylic, Polyurethane, Polyester & Polyester Hybirds, Epoxy & Epoxy Hybirds, Other Resins 2) By Substrate Type: Non-Metal, Metal 3) By End-Use Industry: Furniture, Appliances, Automotive, Architectural, Retail, Electronics, Medical, Other End-Use Industries The global low temperature powder coatings market size grew from $2.6 million in 2022 to $2.8 million in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global low temperature powder coatings market size is expected to grow to $3.4 million in 2027 at a CAGR of 5.3%. The increase in the need for lower curing temperatures and less curing time contributed to the growth of the low-temperature powder coatings market. For instance, most powder coating such as thermoset powders cures at a temperature of 390 °F (200 °C) for 10 to 15 minutes or 10 to 30 minutes. According to Teknos, the curing temperature for polyester-based powder coatings is 160 °C for 10 minutes, and for Epoxy polyester-based powder coating is 145 °C for 10 minutes. The difference in curing temperature and time between normal powder coating and a low-temperature powder coating is around 40 °C to 65 °C and a time difference of 5 to 6 minutes. The lower curing temperatures and less curing time significantly benefited the end-user industry and drove the market for the low-temperature powder coatings. Major players in the low-temperature powder coatings market are PPG Industries, AkzoNobel NV, Axalta Coating Systems, Jotun A/S, Teknos Group, Tulip Paints, Protech Powder Coatings, Platinum Phase SDN, CIN Industrial Coatings, Keyland Polymer, Tiger Coatings Gmbh, IGP Pulvertechnik AG, Foechnical Coatings, BASF SE, Dupont, Koninklijke DSM, Prismatic Powders, Funder America Inc., and Forrest Technical Coatings. The difficulty in maintaining the storage stability of the low-temperature powder coatings has always been a major challenge in the low-temperature powder coating market. In terms of storage, the powder has two adversaries that are heat and moisture. The powder should be stored away from heat places or direct sunlight, which over time can cause the powder to harden and becomes unstable, and a low humidity environment is suggested for the storage. The difficulty of maintaining storage stability of lower temperature powder coatings has a negative impact on the low-temperature powder coatings market. Companies in low temperature powder coating market are focusing on developing advanced bio-based powder coating technologies that can be used in multiple powder coating systems. For instance, Allnex, a global producer of industrial coating resins developed a product line based on renewable monomers derived from C5 and C6 sugars that are bio based carboxyl polyesters and can be used in a variety of powder coating systems, including epoxy-polyester hybrids, polyester-HAA (hydroxyl-alkyl amide), and TGIC-cured formulas. In March 2020, PPG Industries is a US-based company that develops and delivers paints, coatings, and specialty materials has acquired Alpha Coatings Technologies, a West Chicago-based manufacturer of powder coatings and light industrial applications, medium density fiberboard, and heat-sensitive substrates, for an undisclosed amount. This acquisition is a strategic complement to PPG with the technology and turnaround color matching capabilities of Alpha and after the acquisition, PPG will continue to provide outstanding products and services to the customers. Alpha is founded in the year 2000. Asia-Pacific was the largest region in the low temperature powder coatings market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the global low-temperature powder coatings market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the low temperature powder coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The low temperature powder coatings market consists of sales of low temperature powder coatings such as TGIC (tri-glycidyl isocyanurate) and hydroxy alkyl amide (HAA) polyesters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The low temperature powder coatings market research report is one of a series of new reports from The Business Research Company that provides low temperature powder coatings market statistics, including low temperature powder coatings industry global market size, regional shares, competitors with a low temperature powder coatings market share, detailed low temperature powder coatings market segments, market trends and opportunities, and any further data you may need to thrive in the low temperature powder coatings industry. This low temperature powder coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Ultra-high temperature processing (UHT processing) refers to a food processing technology that sterilizes liquid food, most commonly milk, by heating it above 135 °C over a very short time period of only two to five seconds to kill microbial spores. The main types of components included in the UHT processing market are homogenizers, heaters, flash cooling, aseptic packaging, and others. A homogenizer is a device that achieves liquid dispersion by pushing the mixture through a narrow orifice at high pressure. The products of the UHT processing market can be in liquid form and semi-liquid form and can be operated in direct form and indirect form, used to kill microbial spores in milk, dairy desserts, juices, soups, and others. The global ultra high temperature (UHT) processing market is segmented - 1) By Component Type: Heaters, Homogenizers, Flash Cooling, Aseptic Packaging, Other Components 2) By Product Form: Liquid, Semi-Liquid 3) By Mode of Operation: Direct, Indirect 4) By Application: Milk, Dairy Desserts, Juices, Soups, Other Applications The global ultra high temperature (UHT) processing market size grew from $6.03 billion in 2022 to $6.96 billion in 2023 at a compound annual growth rate (CAGR) of 15.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global ultra high temperature (UHT) processing is expected to grow to $11.89 billion in 2027 at a CAGR of 14.3%. The increase in demand for dairy products is expected to drive the growth of the ultra high temperature (UHT) processing market in the coming years. Dairy products are commonly classified as foods derived from the milk of mammals. The sterilization of food before packing, followed by filling into pre-sterilized containers in a sterile setting, is the foundation of ultra-high temperature (UHT). UHT technology is commonly used in the dairy industry around the world and is utilized in several product categories. For instance, in 2020, gross dairy exports from the USA reached $6.4 billion, a rise of 9% over the previous year.. Therefore, the increasing demand for dairy products fuels the growth of the ultra high temperature (UHT) processing market. Major players in the ultra high temperature (UHT) processing market are GOMA Engineering, SPX Flow, GEA Group, Elecster, Shanghai Triowin Intelligent Machinery, TESSA Dairy Machinery Ltd., Stephan Machinery Gmbh, Alfa Laval, Nanjing Prosky Food Machinery Manufacturing Co. Ltd., and Paul Muellar Company. The growing technological advancements are shaping the ultra high temperature (UHT) processing market. Major companies operating in the ultra-high temperature (UHT) sector are focused on developing technological solutions for ultra-high temperature (UHT) to strengthen their position. For instance, in June 2020, Tetra Pak, a Sweden-based food packaging and processing company that offers direct and indirect UHT processing methods launched a new, first-of-its-kind low-energy processing line for juice, nectar, and still drinks (JNSD) that will revolutionize beverage processing. Using a combination of pasteurization, filtration, and UV technology, this technology redefines the process by treating drinks in two different streams. Furthermore, in May 2020, Tetra Pak company introduced an indirect UHT unit Intelligent Customisation, which provides food and beverage industries with custom-made processing technologies. In October 2020, ProMach, a US-based packaging machinery company acquired Statco-DSI for an undisclosed amount. The addition of Statco-DSI expands ProMach’s systems and integration capabilities for food and beverage processing, enhancing ProMach’s capacity to provide complete turnkey systems along any part of the production line. Statco-DSI is a US-based company that manufactures ultra high temperature (UHT) processing market systems and casers for the dairy industry. North America was the largest region in the ultra high temperature (UHT) processing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glpbal ultra high temperature (UHT) processing market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ultra high temperature (UHT) processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The ultra high temperature (UHT) processing market consists of revenues earned by entities by providing services such as sterilization and ultra-pasteurization. The market value includes the value of related goods sold by the service provider or included within the service offering. The ultra high temperature (UHT) processing market also includes sales of plate or tubular heat exchangers, which are used in UHT processing. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The IT market is segmented into IT services; computer hardware; telecom and software products. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The UHT processing market research report is one of a series of new reports from The Business Research Company that provides ultra high temperature (UHT) processing market statistics, including UHT processing industry global market size, regional shares, competitors with a ultra high temperature (UHT) processing market share, detailed UHT processing market segments, market trends and opportunities, and any further data you may need to thrive in the ultra high temperature (UHT) processing industry. This UHT processing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Commercial refrigeration equipment refers to tools used for cold storage in industrial settings. The main product types of commercial refrigeration equipment are refrigerator & freezer, transportation refrigeration, refrigerated display cases, beverage refrigeration, ice cream merchandiser, and refrigerated vending machine. Beverage refrigeration refers to a refrigerated storage area intended to cool beverages using a vehicle's air conditioning system or a separate phase-cooling system. The refrigerant types are fluorocarbons, hydrocarbons, and inorganics. The various applications involved are hotels & restaurants, supermarkets & hypermarkets, convenience stores, and bakeries. The global commercial refrigeration equipment market is segmented - 1) By Product Type: Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine 2) By Refrigerant Type: Fluorocarbons, Hydrocarbons, Inorganics 3) By Application: Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakery The global commercial refrigeration equipment market size will grow from $59.18 billion in 2022 to $62.11 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global commercial refrigeration equipment is expected to grow to $73.95 billion in 2027 at a CAGR of 4.5%. The increasing demand for frozen & chilled products from consumers is anticipated to drive the commercial refrigeration market. Preference for frozen & chilled products have increased due to changing lifestyle, accelerated urbanization, and benefits offered by frozen products such as longer shelf life, convenience, reduced food preparation & clean-up time. As per the study of the American Frozen Food Institute (AFFI) released in May 2020, there is a significant growth in the purchase of frozen products among consumers with 70% of consumers buying more frozen food than usual during the COVID-19 situation. Frozen food sales increased to 80% in the week of March 15 and 94% in the week of March 22 when compared to the same weeks in 2019. Frozen and chilled products are stored in commercial refrigerators in supermarkets, hypermarkets, and refrigerated trucks from where they are bought and transported. This is likely to generate a higher requirement for commercial refrigeration equipment for storing, which propels the growth of the commercial refrigeration equipment market. Major players in the commercial refrigeration equipment market are Dover Corporation, Daikin Industries Ltd., Carrier Commercial Refrigeration Inc., Johnson Control Inc., Haier Group Corp., Danfoss, and Emerson Electric Company. High equipment and installation costs of equipment are expected to hinder the commercial refrigeration equipment market’s growth. For instance, the total cost of the walk-in cooler including installation range from $3,000 to $9,000. In addition to this, the average cost of commercial refrigeration equipment repair falls between $100 and $325. This high cost of the equipment, installation, and maintenance are extremely unaffordable to smaller retailers who rent these services or opt for non-commercial variants, which hinders the growth of the commercial refrigeration equipment market. Companies are concentrating on incorporating the latest technologies such as artificial intelligence, 5G, and machine learning into commercial refrigeration equipment for decreasing electrical consumption, improved preventive maintenance, and better customer experience. For instance, in August 2020, Axiom Cloud and Turn tide Technologies collaborated to stimulate AI technology in Commercial refrigeration. Axiom will license divisions of its IoT infrastructure to Turn tide to support Turn tide's mission to reduce the 25% of global electricity consumption that is misused by legacy motors. In September 2021, Ronin Equity Partners, a US-based private equity firm, acquired QBD for an undisclosed amount. This acquisition broadens the application of QBD's green cooling deck concept and extends our reach into new industries. QBD is a US-based manufacturer of commercial refrigeration equipment. The Asia-Pacific was the largest region in the commercial refrigeration equipment market in 2022. North America was the second largest region in the global commercial refrigeration equipment market share. The regions covered in the global commercial refrigeration equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the commercial refrigeration equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. Commercial refrigeration equipment market consists of sales of plug-in enclosed vending machines, deli cases, drop in coolers and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The commercial refrigeration equipment market research report is one of a series of new reports from The Business Research Company that provides commercial refrigeration equipment market statistics, including commercial refrigeration equipment industry global market size, regional shares, competitors with a commercial refrigeration equipment market share, detailed commercial refrigeration equipment market segments, market trends and opportunities, and any further data you may need to thrive in the commercial refrigeration equipment industry. This commercial refrigeration equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.