FREMONT, Calif. , June 27, 2022 /PRNewswire/ -- The global electrical contact cleaner market is projected to reach $1.02 billion in terms of revenue by 2031, at a CAGR of 6.45%, suggests the premium market intelligence study by BIS Research.
The market for electrical contact cleaners is driven by the strong demand from major end-use industries such as maintenance, repair, and operations (MRO), automotive, consumer electronics, etc.
The strict regulation for the use of chlorofluorocarbons (CFC) and hydrofluorocarbons (HFC) in electrical contact cleaners has presented a significant challenge for the companies operating in the electrical contact cleaner market.
Moreover, the shortage of skilled laborers in end-use industries, ongoing container crisis, supply chain constraints, rising inflation, and volatility in the market are also posing significant challenges to the growth of the electrical contact cleaner market.
The detailed study is a compilation of 84 market data tables and 23 figures spread through 146 pages and in-depth TOC on "Global Electrical Contact Cleaner Market – Analysis and Forecast, 2022-2031"
Following are the demand drivers for the electrical contact cleaner market:
The reduction of performance of devices due to the rise in electric resistance in the contact areas giving rise to the use of electrical contact cleaners.
Highly compatible with contact surfaces such as metal, plastics, rubber gaskets, and others.
The market is expected to face some limitations too due to the following challenge:
Presence of volatile organic compounds (VOCs) in electrical contact cleaners causing severe health problems to the workers
Reasons to Buy This Report
This exclusive report on the global electrical contact cleaner market will help you in the following ways:
Market ranking analysis based on product portfolio, recent developments, and regional spread.
The analysis of key start-ups and patents analysis across various regions.
Analyst's Take on the Market:
According to Neha Singh, Sr. Research Associate, BIS Research, "The non-flammable products are witnessing the largest growth in the electrical contact cleaner market as they do not catch fire when the vapor or liquid comes in contact to open flames, sparks, or hot surfaces. Whereas, the rising health problems among the workers due to prolonged exposure to higher levels of chemicals and regulatory norms by the government are expected to affect the flammable product in future."
View the report on Global Electrical Contact Cleaner Market
Key Companies Operating in the Market and Competitive Landscape
The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of company coverage, product portfolio, and market penetration.
Some of the prominent names established in this market are:
Companies in the Electrical Contact Cleaner Industry
Henkel AG & Co. KGaA
Who Should Buy This Report?
The companies which are manufacturing and commercializing specialty carbon black. Also, end users involved in paints and coatings, plastics, packaging, and batteries, among others, should buy this report.
Request a Sample of this Report
Key Questions Answered in the Report:
What are the major factors and trends that are impacting the electrical contact cleaner market?
How has COVID-19 impacted the electrical contact cleaner market across the globe?
What are the steps taken by the existing players to improve their market positioning, and what are some of the key strategies adopted by new players entering this marketspace?
Which are the leading production technologies and end-use sectors in the market, and how are they going to perform in the coming years?
What are the latest developments across the globe for the electrical contact cleaner industry, and how are the consumption patterns?
For a new company looking to enter the electrical contact cleaner market, which areas could it focus upon to stay ahead of the existing competition?
What kinds of new strategies are being adopted by the existing market players to strengthen their market position in the industry?
BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.
Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them specific and actionable insights on novel technology markets, business models, and competitive landscape.
BIS Healthcare vertical offers intelligence in the healthcare technology market for Medical Devices, Digital Health, Life Sciences, Robotics and Imaging, Information Technology, Precision Medicine, and other emerging healthcare technologies, covering the entire industry spectrum. In the past 5 years, BIS Healthcare has published more than 50 reports under the precision medicine banner. Additionally, BIS Research has been nominating Top 25 Voices in Precision Medicine on its Insight Monk platform for the past two years successfully.
Head of Marketing Email: media@bisresearch.com BIS Research Inc. 39111 PASEO PADRE PKWY STE 313, FREMONT CA 94538-1686 Visit our Blog @ https://bisresearch.com/news Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research Connect with us on Twitter@ https://twitter.com/BISResearch
Logo: https://mma.prnewswire.com/media/495163/BIS_Research_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/bis-research-study-highlights-the-global-electrical-contact-cleaner-market-to-reach-1-02-billion-by-2031--301575560.html
High-quality items seldom go on sale. Grab them when they do.
Shares of Nvidia (NASDAQ: NVDA) plunged this week after the company's stock received a price target cut, some analysts had a few negative comments about the chip market, and investors worried that comments made from another chip company about slowing demand might mean bad news for Nvidia as well. Investors panicked a bit on all this news and sent the semiconductor stock falling 15.3% over the past week. Nvidia started off the week with Morgan Stanley warning that there could be a potential slowdown in demand for graphics processors as Ethereum, a leading blockchain and cryptocurrency, switches to a proof-of-stake model and away from its current proof-of-work setup.
A string of record quarterly deliveries came to an end in the second quarter, when Tesla handed over 254,695 vehicles to customers.
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by more losses, and it has investors worried that there is no bottom in sight. Writing from the global markets strategy team, where he takes a broader look at the worldwide market situation, JPMorgan’s Marko Kolanovic lays out the headwinds running against US investors: “First and foremost, an unprece
Shares of Kohl's (NYSE: KSS) plummeted 26.9% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence, after the department store chain decided against selling itself and would instead remain an independent retailer. Kohl's has been the target of activist investors for more than a year amid growing disappointment with the retailer's direction. Although only one of the trio of hedge funds pushing for change was still around this year, it recently lost its attempt for a seat on Kohl's board.
Today we will run through one way of estimating the intrinsic value of Occidental Petroleum Corporation ( NYSE:OXY ) by...
As the painful first half of 2022 ends, many income investors are hoping for some sort of relief. Many dividend stocks have seen their yields creep subtly higher in recent months as their share prices slowly trended lower. For income investors, the current environment has been quite hostile to dip-buyers. We've suffered quite a few short-lived bear market bounces this year. Many more are sure to follow. Though the likelihood of a V-shaped recovery is diminishing with every swift move lower, ther
A bear market leaves the S&P 500 with its worst first six months since 1970. Here's what's happened after stocks suffered steep first-half stumbles in the past.
The mood has changed at the headquarters of Meta Platforms , parent of Facebook, Instagram and WhatsApp, in Menlo Park, California. For months now, many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy by the Federal Reserve and central banks around the world to combat record price increases everywhere. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the Covid-19 pandemic.
Our latest guide to income investing explores opportunities in categories ranging from junk bonds to TIPS and REITs.
If you're an investor with long time horizon, then you should meet these three high-growth Dividend Aristocrats. Dividend Aristocrats, as a reminder, are a group of 65 stocks in the S&P 500 Index that have each raised their dividends for at least 25 consecutive years. Roper Technologies is a specialized industrial company that manufactures products such as medical and scientific imaging equipment, pumps, and material analysis equipment.
Don't feed the bear market, prepare for the next bull run. Tesla deliveries fell sharply in Q2 with BYD on tap.
Close to 12,000 fewer homes sold in April and May compared to the pre-pandemic average.
The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s.
With tech stocks like Nvidia out of favor, chemicals and oil stock dominate this list of growth stocks eyeing 109%-370% gains.
(Bloomberg) -- A “recession shock” begins for markets following the worst first-half for the S&P 500 in more than 50 years, Bank of America Corp.’s Chief Investment Strategist Michael Hartnett says.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsThe Wheels Have Come Off Electric VehiclesHow Europe Became the Epicenter for This Summer’s Travel ChaosStock Doomsayers Vindicated in Historic First Half: Ma
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
The move is one of the most drastic responses by the Kremlin so far to the flight of Western companies from Russia in the wake of the country’s invasion of Ukraine.
Michael Burry called the stock market the “greatest speculative bubble of all time in all things” last year. Now, he’s arguing corporate earnings will take a hit, driving prices even lower.
Canadian crypto broker Voyager Digital is suspending trading including deposits and withdrawals according to a statement released by the firm Friday afternoon.