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Showing posts with the label Fluid Dispensing Equipment Market Trend

Strategies Major Players are Adopting in Fluid Dispensing Equipment Market

Growing demand for accurate and efficient systems for dispensing fluids as an alternative to manpower engagement in these processes to be a key driving factor for the industry growth. The Global Fluid Dispensing Equipment Market is expected to reach USD 10.29 billion by 2024, according to a new report by Grand View Research, Inc.   The industry is characterized by the advent of automation technologies in various stage of production processes. The technology’s greater scope across automotive, electrical & electronics, and medical devices manufacturing has enabled higher sales of fluid dispensing equipment in these industries. However, with evolving construction practices and increased usage of automated machinery for masonry, prefabrication and precast processes is expected to provide growth opportunities for industry participants. The global market value in construction application was over USD 640 million in 2015. Adhesives & sealants are widely used across manufa...