The glass lined equipment market is a significant segment of the equipment industry, combining the durability of metal structures with the chemical resistance and cleanliness of glass. In industries whose procedures involve corrosive or pure substances, these specialised pieces of equipment are indispensable. In 2022, the market experienced a significant increase in response to the escalating demand from various industries, which was primarily fueled by the need for equipment that can withstand highly reactive substances while maintaining product integrity.
The market for glass flake coatings is anticipated to expand at a CAGR of 4.5% during the forecast period of 2024 and 2032, propelled by strategies centered on client satisfaction, differentiation, and innovation. Prominent entities in the industry include Akzo Nobel N.V., Hempel A/S, PPG Industries, Inc., and Sherwin-Williams Company. Operational excellence, market expansion, and research and development investments are essential for sustaining market leadership and fostering sustainable growth.
The market for 3D secure payment authentication relates to a protocol designed to enhance the security of online payments. By incorporating an additional layer of security for online credit and debit card transactions, the cardholder's identity is verified, thereby reducing the likelihood of fraud. The substantial growth of the market in 2022 was fueled by the exponential expansion of online transactions worldwide. The market for 3D Secure Payment Authentication is anticipated to expand between 2024 and 2032, as online shopping continues to grow in popularity.
Plating on plastics (PoP) is a process that deposits metal layers on plastic substrates. This practise primarily improves aesthetics, while also enhancing wear resistance, reducing friction, and shielding electromagnetic interference. Popular in industries such as automotive and electronics, the plating on plastics market has experienced significant growth over the past few decades. During the period from 2024 to 2032, the plating on plastics market is anticipated to grow at a CAGR of 9.8%, propelled by rising demand for consumer electronics and residential appliances.
The market for home textile products encompasses a vast assortment of textiles used for home decor and furnishings. This includes bedding, draperies, carpets, and tablecloths, among other items. As aesthetics play an increasingly important role in personal spaces and homes, the demand for diverse and high-quality house textiles has increased. During the period from 2024 to 2032, the market for home textile products is anticipated to grow at a CAGR of 6.7%, propelled by the influence of digital platforms and social media.
A force gauge is a device that measures the force an object exerts. Due to their precise measurement capabilities, they are essential in industries such as manufacturing and research, ensuring product quality and safety. The market is dominated by both digital and analogue force gauges. Display modes and functionalities are the primary determinants of differentiation. As industries become increasingly focused on technology, demand for these instruments has increased. During the period from 2024 to 2032, the market for force gauges is anticipated to grow at a CAGR of 4.0%, propelled by rising demand in the quality control and testing industries.
Conformal coatings are thin polymeric coverings applied to electronic circuit boards to protect them from moisture, chemicals, and dust. These coatings protect the electronic components, augmenting their functionality and extending their lifespan. Due to the rapid expansion of the electronics industry and the need to ensure the longevity of electronic components, the demand for these coatings has skyrocketed by 2022. The conformal coatings market is anticipated to expand at a 4.1% CAGR between 2024 and 2032, propelled by advances in consumer electronics.
Electric power distribution boxes for commercial vehicles, such as trucks, buses, and vans, play a crucial role in the distribution and administration of electrical power in these vehicles. These enclosures protect vital components such as fuses, relays, and connectors while facilitating efficient power distribution. In 2022, the market for these distribution devices grew significantly due to the increasing demand for commercial vehicles and the complexity of their electronic systems.
A rowing machine, also known as a rower or rowing ergometer, is a fitness mechanism that simulates rowing a boat. It provides a full-body workout that simultaneously engages multiple muscle groups, making it an efficient and effective piece of fitness apparatus. Rowing machines are frequently used for cardiovascular exercises, strength training, and overall fitness improvement. The rowing machine market is projected to expand at a CAGR of 5.5% between 2024 and 2032, propelled by a growing emphasis on domestic fitness, low-impact, high-efficiency workouts, and technological advancements in rowing machine design.
Radiant cooling and heating systems, also known as radiant HVAC (heating, ventilation, and air conditioning) (heating, ventilation, and air conditioning) systems, are innovative climate control solutions designed to provide thermal comfort and energy efficiency in indoor environments. In contrast to conventional forced-air heating and cooling systems, these systems distribute thermal energy differently throughout a building. Radiant systems rely on the direct transfer of heat from a heated surface to the objects and people in a room, resulting in a comfortable and uniform temperature distribution.
