Industrial processes

ITT Announces ~$11 Million Investment for Expanded Pump Testing Capabilities in Germany, India and Saudi Arabia to Support Growth and Large Project Awards

Retrieved on: 
Thursday, March 21, 2024

The investments at IP facilities in Obernkirchen, Germany, Vadodara, India and Dammam, Saudi Arabia will increase ITT’s power capacity in pump, motor and control systems testing, enabling the company to locally test larger, more complicated pump packages.

Key Points: 
  • The investments at IP facilities in Obernkirchen, Germany, Vadodara, India and Dammam, Saudi Arabia will increase ITT’s power capacity in pump, motor and control systems testing, enabling the company to locally test larger, more complicated pump packages.
  • The investments are expected to be completed in the third quarter of 2024.
  • At ITT’s Goulds Pumps sites in Saudi Arabia and India, the investments will support future growth as part of ITT’s ‘in region, for region’ strategy.
  • “These strategic investments will further enhance our capabilities and customer experience and continue to differentiate ITT from the competition,” said Luca Savi, ITT’s Chief Executive Officer and President.

Global Data Center Heat Recycling Market is projected to reach $ 5.84 billion growing at a CAGR of 18.6% through 2030

Retrieved on: 
Monday, February 26, 2024

As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.

Key Points: 
  • As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.
  • The data center heat recycling market is also making strides in industrial processes, agriculture, and electricity generation, showcasing the versatility of waste heat recovery technologies.
  • In North America, the data center heat recycling market is gaining momentum driven by a growing emphasis on sustainable practices and energy efficiency.
  • As the region continues to prioritize sustainability, the data center heat recycling market is poised for sustained growth, offering a model for global best practices.

Global Data Center Heat Recycling Market is projected to reach $ 5.84 billion growing at a CAGR of 18.6% through 2030

Retrieved on: 
Monday, February 26, 2024

As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.

Key Points: 
  • As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.
  • The data center heat recycling market is also making strides in industrial processes, agriculture, and electricity generation, showcasing the versatility of waste heat recovery technologies.
  • In North America, the data center heat recycling market is gaining momentum driven by a growing emphasis on sustainable practices and energy efficiency.
  • As the region continues to prioritize sustainability, the data center heat recycling market is poised for sustained growth, offering a model for global best practices.

Polymer Gels Market Soars to $73.2 Billion by 2030, Driven by 6% CAGR and Rising Demand Across Multiple Industries - ResearchAndMarkets.com

Retrieved on: 
Monday, October 16, 2023

Global Skin Care Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025

Key Points: 
  • Global Skin Care Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
    Global Female Population by Geographic Region: Percentage Breakdown by Region
    Number of Menstruating Women Worldwide by Country: 15-49 Years Female Population (in Millions) for 2013 & 2025P
    Global Water Utilization: Percentage Share Breakdown for Agricultural Practices, Industrial Processes, and Domestic Usage
    World Urban Population in Million: 1950-2050P
    Rising Concerns over Polluting Water Resources: An Opportunity for Polymer Gels Market
    Need for Wastewater Treatment Presents Opportunity for Polymer Gels: Percentage of Wastewater Treated in Europe, Asia, Latin America, and Africa

ITT Names Fernando Roland President of Industrial Process Business

Retrieved on: 
Tuesday, August 1, 2023

August 1, 2023-- ITT Inc. (NYSE: ITT ) today announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi.

Key Points: 
  • August 1, 2023-- ITT Inc. (NYSE: ITT ) today announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi.
  • IP, one of ITT’s three segments, is a global leader in centrifugal and twin-screw pumps for chemical, energy, mining and industrial markets.
  • Roland joins ITT after two decades in various senior leadership roles at multinational manufacturing conglomerates, including Continental AG, Hyosung Corporation and DuPont.
  • He most recently served as Senior Vice President of Continental AG’s Customer Engineered Solutions Americas segment, where he drove strategy and execution for its industrial products business area.

Europe Green Hydrogen Market Report 2022: Rising Demand for Renewable Energy Bolsters 40% Annual Growth - Research and Markets

Retrieved on: 
Tuesday, March 21, 2023

Industrial Processes and Domestic Energy Systems together account for the majority share of the Europe Green Hydrogen Market.

Key Points: 
  • Industrial Processes and Domestic Energy Systems together account for the majority share of the Europe Green Hydrogen Market.
  • By Generation and Delivery Mode:
    The captive segment holds the largest market share in the Europe Green Hydrogen Market as captive production meets the majority of Europe's hydrogen demand.
  • Germany accounts for largest share among all countries within the total Europe Green Hydrogen market, accounting for about 20% of total market revenue.
  • Additionally, the growing adoption of hydrogen strategies for the adoption of e-fuel vehicles in Poland is increasing green hydrogen demand.

Carbon Capture And Storage Global Market Report 2022: Increasing Concerns Regarding the Detrimental Effect of Carbon Emissions on the Environment Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 7, 2022

The global carbon capture and storage market size is expected to reach USD 5.35 Billion by 2030, according to a new report.

Key Points: 
  • The global carbon capture and storage market size is expected to reach USD 5.35 Billion by 2030, according to a new report.
  • Increasing concerns regarding the detrimental effect of carbon emissions on the environment have prompted the adoption of carbon capture and storage (CCS) technology.
  • Post-combustion carbon dioxide capture technology removes the diluted CO2 from the flue gases which are produced after the combustion of fossil fuels.
  • The project, known as The Northern Lights project, consists of a CO2 receiving terminal, an offshore pipeline, injection, and CO2 storage

Polytetrafluroethylene (PTFE) Market to Grow USD USD 1156.8 Million in 2028 with a CAGR of 8.29% | Valuates Reports

Retrieved on: 
Tuesday, November 22, 2022

Due to the COVID-19 pandemic, the global PTFE market size is estimated to be worth USD 717.3 Million in 2021 and is forecast to be a readjusted size of USD 1156.8 Million in 2028 with a CAGR of 8.29% during the forecast period 2022-2028.

Key Points: 
  • Due to the COVID-19 pandemic, the global PTFE market size is estimated to be worth USD 717.3 Million in 2021 and is forecast to be a readjusted size of USD 1156.8 Million in 2028 with a CAGR of 8.29% during the forecast period 2022-2028.
  • The PTFE market is anticipated to increase as a result of these factor.
  • TRENDS INFLUENCING THE GROWTH OF THE PTFE MARKET:
    The suspension polymerization process produces coarse particles that are then coarsely ground into PTFE's granular powder form.
  • The PTFE market in the electronics and electrical industry is being driven by these characteristics of PTFE.

Polytetrafluroethylene (PTFE) Market to Grow USD USD 1156.8 Million in 2028 with a CAGR of 8.29% | Valuates Reports

Retrieved on: 
Tuesday, November 22, 2022

Due to the COVID-19 pandemic, the global PTFE market size is estimated to be worth USD 717.3 Million in 2021 and is forecast to be a readjusted size of USD 1156.8 Million in 2028 with a CAGR of 8.29% during the forecast period 2022-2028.

Key Points: 
  • Due to the COVID-19 pandemic, the global PTFE market size is estimated to be worth USD 717.3 Million in 2021 and is forecast to be a readjusted size of USD 1156.8 Million in 2028 with a CAGR of 8.29% during the forecast period 2022-2028.
  • The PTFE market is anticipated to increase as a result of these factor.
  • TRENDS INFLUENCING THE GROWTH OF THE PTFE MARKET:
    The suspension polymerization process produces coarse particles that are then coarsely ground into PTFE's granular powder form.
  • The PTFE market in the electronics and electrical industry is being driven by these characteristics of PTFE.

Membranes Global Market Report 2022: Increasing Awareness About Water & Wastewater Treatment Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 8, 2022

The market is driven by various factors such as increasing demand for potable water, rising water scarcity, and shift from chemical to physical water treatment.

Key Points: 
  • The market is driven by various factors such as increasing demand for potable water, rising water scarcity, and shift from chemical to physical water treatment.
  • Polymeric membranes are the majorly commercialized membranes and account for the larger market share of the market as compared to ceramic membranes.
  • Water & wastewater treatment accounts for the highest market share of membranes market.
  • Nations including China and India are witnessing rising industrialization, a growing population, and an increasing awareness about water conservation & wastewater treatment, which drives the membranes market.