The logistics price increased by 34.9% in July 2022, disrupting the supply chain, while electricity prices increased by 15.5%, the highest level since February 2006. Besides that, the number of existing U.S. homes sold in July 2022 decreased by 5.95% to 4.85 million (seasonally adjusted annual rate), which was the lowest number since May 2020 and under the market’s forecast of 4.89 million. The home sector sales fell for the sixth month in a row as the mortgage rate reached its highest point at 6.3%. The U.S. economy continues to be heavily impacted by the global energy crisis, causing people to spend less and conserve more.
The global Ultrasonic Welding Machine market size was valued at USD 589 million in 2021 and projected to reach USD 898 million by 2030, growing at a CAGR of 5.1% during the forecast period, 2022-2030.
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The pre-and post-impact of COVID-19 on the global market are carefully analysed in the research. The global market report looks at the existing situation, share, expected trends, and SWOT analysis. For the purpose of forecasting growth for the years 2022–2030, it also covers sales channels. This study will analyse the market in terms of market growth patterns, future prospects, and player contributions to market growth.
The growing demand for Ultrasonic welding machines in the automotive industry will increase future growth. In the coming years, demand from developing countries is likely to grow because of the growing computer & electrical, automotive & aerospace, and medical industries. Moreover, the Asia Pacific region is expected to have a significant market during the forecast period.
Major market player included in this report are: BASF Syngenta Novozymes Solvay UPL Clariant Evonik Industries Eastman Chemical Company Croda International PLC ADEKA Corporation Vantage Specialty Chemicals Aquatrols Rallis India Limited Humintech GmbH GreenBest Ltd Omnia Specialities Australia Grow More, Inc. Geoponics Corp. Delbon FoxFarm Soil & Fertilizer Co.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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By Type Gypsum Surfactants Super absorbent polymers Others
By Formulation Dry Liquid By Application Agriculture Construction & mining Others
By Soil Type Sand Silt Clay Loam By Crop Type Cereals & grains Oilseeds & pulses Fruits & vegetables Others
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