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Damping Pads Market: Pin-Point Analysis For Changing Competitive Dynamics
Posted: Jan 25, 2019
Damping pads are easy to install on the bottom of a baseplate which acts in compression. These are widely used for stack and serves to raise the damping of stack structure and reduce the wind induced vibration on the stack. Also, damping pads help to increase the flexibility of the base which enables marginally higher the lateral deflections is subjected to along wind loadings. It also restricts to pass oil and other solvents. The temperature range of damping pads is from approx. 22 F to 200 F and these are cost efficient. The damping pads are widely used for automation control and normally require adhesive to install. The damping pads are also majorly used on conveyor systems, pneumatic, electromechanical and hydraulic drives, luggage and transport belts as well as on linear carriages.
Global Damping pads Market: Dynamics
The key driving factor of the global damping pads market is significantly growing automotive industry, owing to the high demand of damping pads for automation control. The macroeconomic factors such as emerging countries include China, Brazil, and India which helps to grow damping pads market at a rapid rate across the globe. Robust growth in the manufacturing industry is one the major factor which drives the growth of global damping pads market due to increasing demand of industrial machines across the globe.
Moreover, global damping pads market is majorly driven by healthcare & pharmaceuticals due to their high demand in electronic medical equipment. Another key driving factor of global damping pads market is rapidly growing industrialization across the globe. Furthermore, robust growth food & beverage industry is one the major driving factor of global damping pads market, attributed to their high demand for automation in the production of food & beverage.
Global damping pads market is majorly driven by chemical industry due to high demand in automated machines across the globe. More than 200 F temperature cannot be tolerated by damping pads which are a major restraining factor that may hinder the growth of damping pads market across the globe. Adjustable vibration absorbers are the key trend of global damping pads market due to highly preferred for use in various machines across the globe. Viscoelastic PUR-material is used to manufacture of damping pads which are the key trend of the global damping pads market.
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Global Damping pads Market: Segmentation
Global damping pads market can be segmented by application type, distribution channel type, and region type
Global damping pads market can be segmented by application type as follows:
- Compressors
- Conveyors
- Motors
- Power/impact presses
- Pumps
- Diesel generators
- Fans
Global damping pads market can be segmented by distribution channel type as follows
- OEM
- E-commerce
- Distributors/Wholesalers
Global damping pads market: Regional Outlook
Based on the geographies, global damping pads is segmented into seven regions such as Eastern Europe Western Europe, North America, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. Among the regions as mentioned above, North America captures high market share in the damping pads across the globe followed by Western Europe, attributed to their high demand for automation control across the region. The Asia-Pacific excluding Japan region is estimated to witness robust growth in the global damping pads market over the forecasted period, owing to rapidly growing manufacturing industries along with increasing per capita income, rapidly growing population, and changing the lifestyle of the consumers across the region.
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Western Europe is anticipated to contribute the significant share in global damping pads market over the forecasted period, due to rapidly rising manufacturing industry across the region. Latin America is estimated to witness a positive growth rate in the global damping pads market due to rapidly growing pharmaceutical industry across this region. The Middle East and Africa is estimated to see the positive growth in global damping pads market, attributed to their high demand in the chemical industry across the region.
Few prominent global damping pads market players as follow:
- Meca Enterprises Inc.
- Bushings Inc.
- ACE Controls Inc.
- Weaver Industries, Inc.
- Stockwell Elastomerics, Inc
- Polymer Technologies, Inc
- Realever Enterprise Limited
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