Data Bridge Market Research analyses that the pneumatic stripper market will witness a CAGR of 6.1% for the forecast period of 2022-2029 and is likely to reach at USD 1,332.00 million by the end of the forecast period of 2022-2029.
A pneumatic wire stripper is a portable handheld tool used by workers, particularly electricians, to remove an electric wire's protective coating in order to replace or repair the wire. It can also strip the ends of electric wires so that they can be connected to other wires or terminals. A wire stripper is frequently regarded as an essential tool for professional electricians and other related personnel.
Increasing urbanisation, rising manufacturing output, and increased investments in construction and infrastructure are among the major factors expected to drive target market growth to some extent over the forecast period. Increasing research and development activities, initiatives, and investments to develop and introduce products that would aid in reducing pneumatic stripper operation time and manufacturing costs is expected to drive target market growth.
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Some of the major players operating in the pneumatic stripper market Henkel Adhesives Technologies India Private Limited, Quaker Chemical Corporation, PPG Industries, Inc., FUCHS, Akzo Nobel N.V., The Sherwin-Williams Company, Harris International Laboratories, Inc., Northern Technologies International Corporation (NTIC), Chempace Corporation, American Building Restoration Products, Inc., Jelmar and Corrosion Technologies, LLC, ZERUST EXCOR, Chempace Corporation, American Building Restoration Products, Inc., Jelmar and Corrosion Technologies, LLC, among others.
Scope of the Pneumatic Strippers Market Report:
The pneumatic stripper market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the pneumatic stripper market is segmented into disposable pneumatic stripper and reusable pneumatic stripper
- On the basis of application, the pneumatic stripper market is segmented into electrical appliances, construction sites and others
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Pneumatic Strippers Market Regional Analysis/Insights
The Pneumatic Strippers market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Pneumatic Strippers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Pneumatic Strippers within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Pneumatic Strippers market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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