1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 GEOGRAPHIC SEGMENTATION 16
1.4 PERIODIZATION CONSIDERED 17
1.5 CURRENCY CONSIDERED 17
1.6 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 21
2.3 DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
2.5 RESEARCH LIMITATIONS 25

3 EXECUTIVE SUMMARY 26

4 PREMIUM INSIGHTS 30
4.1 OPPORTUNITIES IN THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET 30
4.2 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET: KEY COUNTRIES 31
4.3 DEVELOPED VS. DEVELOPING MARKETS FOR POWDER INDUCTION AND DISPERSION SYSTEMS 32
4.4 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY PROCESS 32
4.5 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY MIXING TYPE 33
4.6 NORTH AMERICA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY APPLICATION AND COUNTRY, 2017 33

5 MARKET OVERVIEW 34
5.1 INTRODUCTION 34
5.2 REDUCES THE CREATION OF DUST IN PROCESSING PLANTS 35
5.3 MARKET DYNAMICS 35
5.3.1 DRIVERS 36
5.3.1.1 Reduces dust contamination and deaeration time 36
5.3.1.2 High production capacity and increased dispersion quality 36
5.3.2 RESTRAINTS 37
5.3.2.1 High use of conventional powder induction technology in small and medium-scale industries 37
5.3.3 OPPORTUNITIES 37
5.3.3.1 Advancements in dispersion technology and equipment 37
5.3.4 CHALLENGES 38
5.3.4.1 Unplanned downtime and requirement of experienced workforce for repair and maintenance 38

6 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY APPLICATION 39
6.1 INTRODUCTION 40
6.2 FOOD & BEVERAGES 41
6.2.1 INCREASING DEMAND FOR FORTIFIED FOOD AND CONFECTIONARY ITEM IS DRIVING THE GROWTH OF POWDER INDUCTION SYSTEM 41
6.3 PHARMACEUTICALS 42
6.3.1 FOR A BETTER DISPERSION PROCESS THE PHARMA PRODUCTS MANUFACTURER ARE OPTING FOR ADVANCED POWDER INDUCTION AND DISPERSION SYSTEM 42
6.4 COSMETICS AND PERSONAL CARE 43
6.4.1 DEMAND OF PERSONAL CARE PRODUCTS THAT HAVE GOOD TEXTURE AS WELL AS APPEARANCE IS DRIVING THE MARKET FOR POWDER INDUCTION AND DISPERSION SYSTEM 43
6.5 CHEMICAL 44
6.5.1 REDUCTION IN THE BATCH PROCESS TIMING IS THE MAJOR DRIVING FACTOR FOR THE GROWTH OF DISPERSION SYSTEMS IN THE CHEMICAL INDUSTRY 44

7 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY PROCESS 46
7.1 INTRODUCTION 47
7.2 CONTINUOUS PROCESSING 48
7.2.1 EVOLUTION OF CONTINUOUS POWDER INDUCTION AND DISPERSION SYSTEM OVER THE YEARS IS CREATING OPPORTUNITIES IN THIS INDUSTRY 48
7.3 BATCH PROCESSING 49
7.3.1 NEW BATCH PROCESSING TECHNOLOGY DEVELOPMENT IS CREATING OPPORTUNITY FOR THE BATCH POWDER INDUCTION AND DISPERSION MARKET GLOBALLY 49

8 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY MIXING TYPE 50
8.1 INTRODUCTION 51
8.2 IN-TANK 51
8.2.1 PROCESS ADVANTAGES AND FLEXIBILITY TO DRIVE GROWTH FOR IN-TANK MIXING 51
8.3 IN-LINE 52
8.3.1 INCREASING ADOPTION TO BOLSTER PROSPECTS FOR IN-LINE SYSTEMS 52

9 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY REGION 54
9.1 INTRODUCTION 55
9.2 NORTH AMERICA 58
9.2.1 US 61
9.2.1.1 Strong manufacturer base and export policies to uphold US Dominance in global markets 61
9.2.2 CANADA 63
9.2.2.1 Demand from pharmaceutical industry to drive powder induction and dispersion systems demand in Canada 63
9.2.3 MEXICO 64
9.2.3.1 Low manufacturing costs and increasing manufacturer participation to benefit Mexican markets 64
9.3 EUROPE 65
9.3.1 GERMANY 68
9.3.1.1 High concentration of manufacturers and exports to propel powder induction systems in Germany 68
9.3.2 UK 70
9.3.2.1 High demand from domestic pharmaceutical manufacturers bolsters growth prospects in UK 70
9.3.3 FRANCE 71
9.3.3.1 Chemical and pharmaceutical sectors to drive demand for powder induction technologies in France 71
9.3.4 ITALY 72
9.3.4.1 Demand from chemical sector drives the market for powder induction in Italy 72
9.3.5 SPAIN 73
9.3.5.1 Favourable government policies aid the growth of powder induction and dispersion systems in Spain 73
9.3.6 REST OF EUROPE 74
9.3.6.1 Chemical and pharmaceutical industries to drive growth for powder induction systems in the Rest of Europe 74
9.4 ASIA PACIFIC 75
9.4.1 CHINA 78
9.4.1.1 Favorable industrial policies and export demand to drive growth for the powder induction and dispersion systems market in China 78
9.4.2 JAPAN 80
9.4.2.1 Strong demand from food and pharmaceutical industry to positively contribute to the Japanese powder induction and dispersion systems market 80
9.4.3 INDIA 82
9.4.3.1 Favorable regulations and exports to drive the growth of the Indian powder induction and dispersion systems market 82
9.4.4 AUSTRALIA & NEW ZEALAND 83
9.4.4.1 The demand from South East Asia to impact markets in Australia & New Zealand 83
9.4.5 REST OF ASIA PACIFIC 84
9.4.5.1 Low costs and increasing export potential to drive the market growth in the Asian countries 84
9.5 REST OF THE WORLD 85
9.5.1 SOUTH AMERICA 87
9.5.1.1 Favorable government policies towards chemical production to drive demand in south America 87
9.5.2 MIDDLE EAST & AFRICA 88
9.5.2.1 Increasing chemical exports to fuel growth in Middle East & African markets 88

10 COMPETITIVE LANDSCAPE 89
10.1 OVERVIEW 89
10.2 MARKET RANKING 91
10.3 COMPETITIVE SCENARIO 92
10.3.1 NEW PRODUCT LAUNCHES 93
10.3.2 EXPANSIONS 94
10.3.3 ACQUISITIONS 95

11 COMPANY PROFILES 96
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
11.1 ADMIX INC. 96
11.2 JOHN BEAN TECHNOLOGIES LTD. 98
11.3 SPX FLOW 101
11.4 YSTRAL GMBH 104
11.5 IDEX CORPORATION 106
11.6 NORITAKE CO. LTD. 109
11.7 CHARLES ROSS & SON COMPANY 111
11.8 HAYWARD GORDON GROUP 113
11.9 AXIFLOW TECHNOLOGIES 115
11.10 SILVERSON MACHINES INC. 116
11.11 IKA WERKE GMBH 117
11.12 JOSHUA GREAVES & SONS LTD. 119
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.

12 APPENDIX 122
12.1 DISCUSSION GUIDE 122
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 125
12.3 AVAILABLE CUSTOMIZATIONS 127
12.4 RELATED REPORTS 128
12.5 AUTHOR DETAILS 129

LIST OF TABLES
TABLE 1 US DOLLAR EXCHANGE RATE CONSIDERED FOR THE STUDY, 2014-2017 18
TABLE 2 MATERIALS APPROPRIATE FOR HIGH-SPEED INDUCTION 34
TABLE 3 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 41
TABLE 4 FOOD & BEVERAGES: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 42
TABLE 5 PHARMACEUTICALS: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 43
TABLE 6 COSMETICS & PERSONAL CARE: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 44
TABLE 7 CHEMICAL: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 45
TABLE 8 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY PROCESS, 2016-2023 (USD MILLION) 47
TABLE 9 CONTINUOUS PROCESSING: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 48
TABLE 10 BATCH PROCESSING: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 49
TABLE 11 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY MIXING TYPE, 2016-2023 (USD MILLION) 51
TABLE 12 IN-TANK: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY REGION, 2016-2023 (USD MILLION) 52
TABLE 13 IN-LINE: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY REGION, 2016-2023 (USD MILLION) 53
TABLE 14 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 57
TABLE 15 NORTH AMERICA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 60
TABLE 16 NORTH AMERICA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 60
TABLE 17 NORTH AMERICA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 60
TABLE 18 NORTH AMERICA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY PROCESS, 2016-2023 (USD MILLION) 61
TABLE 19 US: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 62
TABLE 20 US: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 62
TABLE 21 CANADA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 63
TABLE 22 CANADA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 63
TABLE 23 MEXICO: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 64
TABLE 24 MEXICO: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 64
TABLE 25 EUROPE: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 67
TABLE 26 EUROPE: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 67
TABLE 27 EUROPE: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 68
TABLE 28 EUROPE: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY PROCESS, 2016-2023 (USD MILLION) 68
TABLE 29 GERMANY: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 69
TABLE 30 GERMANY: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 69
TABLE 31 UK: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 70
TABLE 32 UK: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 70
TABLE 33 FRANCE: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 71
TABLE 34 FRANCE: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 72
TABLE 35 ITALY: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 72
TABLE 36 ITALY: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 73
TABLE 37 SPAIN: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 73
TABLE 38 SPAIN: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 74
TABLE 39 REST OF EUROPE: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 74
TABLE 40 REST OF EUROPE: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 75
TABLE 41 ASIA PACIFIC: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 77
TABLE 42 ASIA PACIFIC: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 77
TABLE 43 ASIA PACIFIC: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 78
TABLE 44 ASIA PACIFIC: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY PROCESS, 2016-2023 (USD MILLION) 78
TABLE 45 CHINA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 79
TABLE 46 CHINA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 80
TABLE 47 JAPAN: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 81
TABLE 48 JAPAN: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 81
TABLE 49 INDIA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 82
TABLE 50 INDIA: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 82
TABLE 51 AUSTRALIA & NEW ZEALAND: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 83
TABLE 52 AUSTRALIA & NEW ZEALAND: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 83
TABLE 53 REST OF ASIA PACIFIC: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 84
TABLE 54 REST OF ASIA PACIFIC: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 84
TABLE 55 ASIA PACIFIC: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 85
TABLE 56 REST OF THE WORLD: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 85
TABLE 57 REST OF THE WORLD: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 86
TABLE 58 REST OF THE WORLD: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY PROCESS, 2016-2023 (USD MILLION) 86
TABLE 59 SOUTH AMERICA: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 87
TABLE 60 SOUTH AMERICA: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 87
TABLE 61 MIDDLE EAST & AFRICA: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 88
TABLE 62 MIDDLE EAST & AFRICA: POWDER INDUCTION & DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2016-2023 (USD MILLION) 88
TABLE 63 NEW PRODUCT LAUNCHES, 2016-2017 93
TABLE 64 EXPANSIONS, 2013-2016 94
TABLE 65 ACQUISITIONS, 2014-2017 95

LIST OF FIGURES
FIGURE 1 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SNAPSHOT 16
FIGURE 2 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY REGION 16
FIGURE 3 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET: RESEARCH DESIGN 19
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 21
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 22
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 7 DATA TRIANGULATION METHODOLOGY 24
FIGURE 8 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2018 VS. 2023 (USD MILLION) 27
FIGURE 9 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY PROCESS, 2018 VS. 2023 (USD MILLION) 28
FIGURE 10 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY MIXING TYPE, 2018 VS. 2023 (USD MILLION) 28
FIGURE 11 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, BY REGION 29
FIGURE 12 GROWING NEED FOR EFFICIENCY AND TECHNOLOGICAL ADVANCEMENTS TO DRIVE THE GROWTH OF THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET 30
FIGURE 13 US DOMINATED THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET IN 2017 31
FIGURE 14 DEVELOPING COUNTRIES TO EMERGE AT THE HIGHEST GROWTH RATES DURING THE FORECAST PERIOD 32
FIGURE 15 CONTINUOUS SEGMENT DOMINATED THE POWDER INDUCTION & DISPERSION SYSTEMS MARKET ACROSS ALL PROCESSES 32
FIGURE 16 IN-TANK SEGMENT DOMINATED THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET 33
FIGURE 17 US ACCOUNTED FOR THE LARGEST SHARE IN 2017 33
FIGURE 18 MARKET DYNAMICS: POWDER INDUCTION AND DISPERSION SYSTEMS MARKET 35
FIGURE 19 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY APPLICATION, 2018 VS. 2023 (USD MILLION) 40
FIGURE 20 POWDER INDUCTION AND DISPERSION SYSTEMS MARKET SIZE, BY PROCESS, 2018 VS. 2023 (USD MILLION) 47
FIGURE 21 CHINA TO EXHIBIT THE FASTEST GROWTH IN THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET DURING THE FORECAST PERIOD 56
FIGURE 22 NORTH AMERICA DOMINATED THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET IN 2017 57
FIGURE 23 NORTH AMERICA: MARKET SNAPSHOT 59
FIGURE 24 EUROPE: MARKET SNAPSHOT, 2017 66
FIGURE 25 ASIA PACIFIC: MARKET SNAPSHOT, 2017 76
FIGURE 26 CHINA: TOTAL ORGANIC CHEMICAL IMPORTS (USD BILLION) 79
FIGURE 27 KEY DEVELOPMENTS BY THE LEADING PLAYERS IN THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, 2013-2018 90
FIGURE 28 TOP FIVE COMPANIES IN THE POWDER INDUCTION AND DISPERSION SYSTEMS MARKET, 2017 91
FIGURE 29 MARKET EVALUATION FRAMEWORK 92
FIGURE 30 ADMIX INC.: SWOT ANALYSIS 97
FIGURE 31 JOHN BEAN TECHNOLOGIES: COMPANY SNAPSHOT 98
FIGURE 32 JOHN BEAN TECHNOLOGIES: SWOT ANALYSIS 99
FIGURE 33 SPX FLOW: COMPANY SNAPSHOT 101
FIGURE 34 SPX FLOW: SWOT ANALYSIS 102
FIGURE 35 YTSRAL GMBH: SWOT ANALYSIS 105
FIGURE 36 IDEX CORPORATION: COMPANY SNAPSHOT 106
FIGURE 37 IDEX CORPORATION: SWOT ANALYSIS 108
FIGURE 38 NORITAKE CO. LTD.: COMPANY SNAPSHOT 109