The Dry Ice Blasting Machine Market size was valued at USD 116 Million in 2023 and the total Dry Ice Blasting Machine Market revenue is expected to grow at a CAGR of 3.24% from 2024 to 2030, reaching nearly USD 145 Million by 2030.Dry Ice Blasting Machine Market Overview
A dry ice blaster uses compressed air to propel pellets of dry ice at high speed to clean surfaces. Dry ice pellets freeze dirt and contaminants, which are then removed by airflow and compressed air. The global Dry Ice Blasting Machine Market is experiencing significant growth, driven by advancements in dry ice blasting technology and increasing adoption across various industries. The market is segmented by application into commercial, industrial, and other uses, with industrial applications holding the largest share due to the need for effective maintenance of machinery in industries like automotive, aerospace, and manufacturing. The increasing demand for dry ice blasting in these sectors is attributed to its ability to reduce operating time and costs while maintaining high cleaning standards. Regionally, North America dominates the Dry Ice Blasting Machine Market due to its strong industrial infrastructure and the high adoption rate of innovative technologies. The United States is a significant contributor, with its extensive use of dry ice blasting for maintenance in the automotive and aerospace industries. Recent developments in the market highlight the ongoing innovation and strategic expansions by key players. For instance, Cold Jet's introduction of the I3 MicroClean 2 in April 2024, with enhanced cleaning capabilities, reflects the continuous improvement in machine efficiency and user-friendliness. Similarly, PCS Company's partnership with Karcher to offer advanced dry ice blasters further underscores the growing demand for effective mold and die-cleaning solutions in the manufacturing sector. These factors collectively contribute to the positive outlook for the global Dry Ice Blasting Machine Market.• Dry Ice Blasting is a fast and efficient cleaning method that can reduce cleaning time by up to 80% compared to traditional cleaning methods.
To know about the Research Methodology :- Request Free Sample ReportDry Ice Blasting Machine Market Dynamics
Innovations In Dry Ice Blasting Technology Drives the Growth of Dry Ice Blasting Machine Market Innovations in dry ice blasting technology are significantly driving the growth of the dry ice blasting machine market by increasing the efficiency, versatility, and environmental sustainability of the cleaning process. One of the main innovations is the development of improved pellet designs, such as chip and crushed ice form, which provide better surface coverage and more efficient cleaning. These innovations enable levels of efficiency in the cleaning and removal of all types of dirt and surfaces, from simple electronics to heavy industrial machinery. This increased versatility expands the potential applications of dry ice blasting in various industries and encourages widespread adoption of the technology. In addition, innovations such as adjustable aircraft systems, integration with robotics, and improvements in efficiency and noise reduction make dry ice blasting more user-friendly and suitable for a wider range of environments. Modern machines with adjustable parameters allow operators to adapt the cleaning process to specific needs, ensuring optimal results while protecting sensitive surfaces. The integration of robotics also improves precision and safety, enabling automated cleaning in hazardous or hard-to-reach areas, particularly in industries such as aerospace, automotive, and nuclear power. In addition, advances in nozzle design and airflow dynamics have increased cleaning speeds, reducing downtime for critical equipment and devices. These innovations, combined with noise reduction technologies, make cryogenic cleaning more accessible in noise-sensitive environments such as hospitals and schools. The integration of digital monitoring and control systems also improves operational efficiency, enabling real-time adjustments and predictive maintenance, minimizing the risk of costly errors and equipment failures. These technological advancements not only improve the performance and efficiency of cryogenic cleaning but also address growing environmental concerns. The introduction of advanced CO2 capture and recycling systems has made dry ice blasting even greener, reducing its overall carbon footprint and supporting global sustainability goals. As industries increasingly prioritize environment-friendly practices, these innovations make dry ice blasting an attractive option, further fueling dry ice blasting machine market growth. By continuously evolving to meet the demands of modern industries, dry ice blasting technology is poised to see continued expansion and adoption across diverse sectors. Impact of Dry Ice Supply Fluctuations on Operational Costs in the Dry Ice Blasting Market The limited availability of dry ice is a significant challenge in the dry ice blasting machine market because dry ice plays an important role in the blasting process. Dry ice, a solid carbon dioxide, must be produced and distributed to meet the needs of various industries. Dry ice production involves extracting CO2, compressing it, and cooling it to form solid pellets. This process is energy-intensive and affects variations in CO2 emissions. In addition, dry ice has a short shelf life and is fast-moving, requiring a well-managed supply chain to ensure delivery and freshness. These fluctuations in availability and cost have a direct impact on the operating costs of companies using dry ice blasting machines. When dry ice is scarce, prices can increase, increasing the cost of maintenance and cleaning operations for businesses. This can be especially difficult for industries that rely on dry ice blasting for critical maintenance tasks and cannot afford downtime or cost increases. For emerging market players, the limited availability of dry ice can be a significant barrier. New entrants may struggle to establish reliable supply chains and manage cost fluctuations, making it difficult for them to compete with established players who have long-term agreements and strong distribution networks. This challenge may hinder their ability to expand their operations and penetrate the market.Dry Ice Blasting Machine Market Import-Export Analysis
Import: In 2023, France emerged as the leading importer of dry ice blasting machines, receiving a total of 198 shipments. This high volume underscores the strong demand for advanced cleaning technologies in France’s diverse industrial sectors. India followed as the second-largest importer, with 146 shipments in the dry ice blasting machine market, reflecting the country’s expanding manufacturing and industrial base. Qatar secured the third spot with 85 shipments, indicating a growing interest in this technology in the region, likely driven by its applications in various industrial and maintenance processes.Export: India dominated the export market for dry ice blasting machines in 2023, with a substantial 420 shipments. This leading position highlights India’s strong manufacturing capabilities and its key role in the global supply chain for dry ice blasting technology. The United States also played a significant role as an exporter, with 80 shipments, reflecting its established presence and expertise in the industry. China secured the third spot with 41 shipments, demonstrating its growing involvement in the global dry ice blasting machine market.Dry Ice Blasting Machine Market Segment Analysis
Based On Application, the Dry Ice Blasting Machine Market is segmented into Commercial Applications, Industrial Applications, and Others. Industrial Applications held the largest market share about XX% in 2023 due to the increasing demand for efficient and non-abrasive cleaning solutions in various industries such as automotive, aerospace, and manufacturing. Dry ice blasting systems help automotive molders meet strict industry demands such as 6-Sigma, Kaizen, 5S, and Total Productive Maintenance (TPM) by allowing them to clean molds while they are still hot and in use. This method is faster, more efficient, and cost-effective compared to traditional cleaning methods. It can reduce cleaning times by up to 75% and save up to USD 50,000 annually in mold cleaning costs. Dry ice blasting is widely used in the aerospace and aviation industry to clean grease, oil, dirt, and adhesives, as well as to remove rubber marks from runways, including runway lights, without causing damage. This method doesn't require cooling down equipment or disassembly, preventing reassembly damage and saving time. Its non-abrasive nature allows for more frequent maintenance, extending the lifespan of tools and reducing waste. Overall, dry ice blasting is a fast and efficient cleaning method that can cut cleaning time and labor costs by up to 80%.Dry Ice Blasting Machine Market Regional Insight
In 2023, North America dominated the Dry Ice Blasting Machine Market, holding a significant market share of more than xx% due to its advanced industrial infrastructure and high adoption rates of innovative cleaning technologies. The region’s strong presence in the manufacturing, aerospace, automotive, and food processing industries has created significant demand for dry ice blasting machines. The United States and Canada have significant investments in dry ice blasting technology due to the need for regular maintenance of complex machinery and compliance with strict environmental regulations. The United States is the world’s second-largest exporter of dry ice blasting machines with 80 shipments, reflecting its established presence and expertise in the industry. The U.S. benefits from a well-established industrial sector, which includes automotive manufacturers such as General Motors and aerospace companies such as Boeing. These industries use dry ice blasting for maintenance and cleaning due to its efficiency and effectiveness in removing contaminants without damaging sensitive equipment. In Europe, Germany is expected to grow significantly during the forecasted period, due to the robust manufacturing sector and increasing focus on industrial defense. In Asia Pacific, China and India have a great opportunity to grow in the dry ice blasting machine market. The growth of China's industrial sector and increased investment in advanced cleaning technologies will increase the country's market share, while India's growing industrial and mechanical industries drive the demand for dry ice blasting machines.Dry Ice Blasting Machine Industry Ecosystem
Dry Ice Blasting Machine Market Recent Developments
In April 2024, Cold Jet introduced an improved dry ice cleaning technology to the composite industry with their new I3 MicroClean 2. This upgraded model features larger internal piping, increasing the diameter from 3/8 inch to 0.5 inch, which allows for faster and more effective cleaning. The I3 MicroClean 2 can handle different forms of dry ice, including traditional blocks and 3mm pellets, and comes with a 7-inch LCD screen for easy control of the machine settings. It also offers programmable and password-protected options to control access to the process parameters, ensuring precise and secure operation. In August 2024, PCS Company announced the addition of Karcher Dry Ice Blasters to its range of mold maintenance and repair products, enhancing its offerings for the plastic injection molding, mold making, and die casting industries. The company introduced three powerful Karcher models, each designed for efficient and effective mold and die cleaning. These models, including the robust IB 15/120, the advanced IB 7/40, and the innovative IB 10/8 L2P Classic, offer a variety of features that simplify the cleaning process, such as optimized air streaming, easy transport, and integrated dry ice production. In September 2022, Cold Jet, a global leader in dry ice technology, announced plans to acquire the dry ice operations of Aquila Triventek, a Danish company known for its innovations in dry ice cleaning, production, and CO2 recovery systems. This acquisition will allow Cold Jet to expand its product offerings and business opportunities while integrating the technologies, innovations, and experienced staff from Aquila Triventek into the Cold Jet family.Dry Ice Blasting Machine Market Scope: Inquiry Before Buying
Dry Ice Blasting Machine Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 116 Mn. Forecast Period 2024 to 2030 CAGR: 3.24% Market Size in 2030: US $ 145 Mn. Segments Covered: by Type Portable Fixed by Application Commercial Applications Industrial Applications Others Dry Ice Blasting Machine Market by Region:
North America (United States, Canada, Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (India, China, Japan, South Korea, Australia, ASEAN, and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and Rest of ME & A) South America (Brazil, Argentina, Columbia, and Rest of South America)Dry Ice Blasting Machine Market Key Players
1. Aquila Triventek 2. Cold Jet 3. Tooice 4. CMW CO2 Technologies 5. IceTech 6. Phoenix Unlimited LLC 7. TOMCO2 Systems 8. Karcher 9. ICS Ice Cleaning Systems 10. CRYOCLEEN 11. ASCO Carbon Dioxide 12. Continental Carbonic 13. CryoSnow 14. Cryoblaster 15. CRYONOMIC 16. ICEsonic 17. Wuxi Yongjie Automatic Equipment 18. SIDA 19. Cold solutions Pte Ltd 20. Artimpex N.VFAQs:
1. What is the growth driver for the Dry Ice Blasting Machine Market? Ans. Innovations in dry ice blasting technology are significantly driving the growth of the market by increasing the efficiency, versatility, and environmental sustainability of the cleaning process. 2. Which region is expected to lead the global Dry Ice Blasting Machine Market during the forecast period? Ans. North America Dry Ice Blasting Machine Market is expected to lead globally, during the forecast period. 3. What is the projected market size & growth rate of the Dry Ice Blasting Machine Market? Ans. The Dry Ice Blasting Machine Market size was valued at USD 116 Million in 2023 and the total revenue is expected to grow at a CAGR of 3.24% from 2024 to 2030, reaching nearly USD 145 Million. 4. What segments are covered in the Dry Ice Blasting Machine Market report? Ans. The segments covered in the market report are by Type, Application, and Region. 5. What is the scope of the Dry Ice Blasting Machine Market report? Ans: The market report helps with the PESTLE, PORTER, Recommendations for Investors & Leaders, and market estimation of the forecast period.
1. Dry Ice Blasting Machine Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Dry Ice Blasting Machine Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Product Segment 2.5.3. Application Segment 2.5.4. Revenue (2023) 2.6. Market Structure 2.6.1. Market Leaders 2.6.2. Market Followers 2.6.3. Emerging Players 2.7. Consolidation of the Market 2.7.1. Strategic Initiatives and Developments 2.7.2. Mergers and Acquisitions 2.7.3. Collaborations and Partnerships 2.7.4. Product Launches and Innovations 3. Dry Ice Blasting Machine Market: Dynamics 3.1. Dry Ice Blasting Machine Market Trends by Region 3.1.1. North America Dry Ice Blasting Machine Market Trends 3.1.2. Europe Dry Ice Blasting Machine Market Trends 3.1.3. Asia Pacific Dry Ice Blasting Machine Market Trends 3.1.4. South America Dry Ice Blasting Machine Market Trends 3.1.5. Middle East & Africa (MEA) Dry Ice Blasting Machine Market Trends 3.2. Dry Ice Blasting Machine Market Dynamics by Region 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Bargaining power of suppliers 3.3.2. Bargaining power of buyers 3.3.3. Threat of new entrants 3.3.4. Threat of substitutes 3.3.5. Intensity of competitive rivalry 3.4. PESTLE Analysis 3.5. Value chain analysis 3.6. Industry Ecosystem: Key Company's Role in the Dry Ice Blasting Machine Market 3.7. Pricing analysis 3.7.1. Average selling price of Dry Ice Blasting Machine, by region 3.8. Trade Analysis 3.8.1. Import Data 3.8.2. Export Data 4. Dry Ice Blasting Machine Market: Global Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 4.1. Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 4.1.1. Portable 4.1.2. Fixed 4.2. Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 4.2.1. Commercial Applications 4.2.2. Industrial Applications 4.2.3. Others 4.3. Dry Ice Blasting Machine Market Size and Forecast, by Region (2023-2030) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. South America 4.3.5. MEA 5. North America Dry Ice Blasting Machine Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 5.1. North America Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 5.1.1. Portable 5.1.2. Fixed 5.2. North America Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 5.2.1. Commercial Applications 5.2.2. Industrial Applications 5.2.3. Others 5.3. North America Dry Ice Blasting Machine Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 5.3.1.1.1. Portable 5.3.1.1.2. Fixed 5.3.1.2. United States Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 5.3.1.2.1. Commercial Applications 5.3.1.2.2. Industrial Applications 5.3.1.2.3. Others 5.3.2. Canada 5.3.2.1. Canada Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 5.3.2.1.1. Portable 5.3.2.1.2. Fixed 5.3.2.2. Canada Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 5.3.2.2.1. Commercial Applications 5.3.2.2.2. Industrial Applications 5.3.2.2.3. Others 5.3.3. Mexico 5.3.3.1. Mexico Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 5.3.3.1.1. Portable 5.3.3.1.2. Fixed 5.3.3.2. Mexico Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 5.3.3.2.1. Commercial Applications 5.3.3.2.2. Industrial Applications 5.3.3.2.3. Others 6. Europe Dry Ice Blasting Machine Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 6.1. Europe Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.2. Europe Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3. Europe Dry Ice Blasting Machine Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.1.2. United Kingdom Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3.2. France 6.3.2.1. France Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.2.2. France Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.3.2. Germany Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.4.2. Italy Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.5.2. Spain Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.6.2. Sweden Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.7.2. Austria Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 6.3.8.2. Rest of Europe Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7. Asia Pacific Dry Ice Blasting Machine Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 7.1. Asia Pacific Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.2. Asia Pacific Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7.3. Asia Pacific Dry Ice Blasting Machine Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.3.1.2. China Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.3.2.2. S Korea Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.3.3.2. Japan Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7.3.4. India 7.3.4.1. India Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.3.4.2. India Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.3.5.2. Australia Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7.3.6. ASEAN 7.3.6.1. ASEAN Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.3.6.2. ASEAN Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 7.3.7. Rest of Asia Pacific 7.3.7.1. Rest of Asia Pacific Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 7.3.7.2. Rest of Asia Pacific Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 8. South America Dry Ice Blasting Machine Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 8.1. South America Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 8.2. South America Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 8.3. South America Dry Ice Blasting Machine Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 8.3.1.2. Brazil Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 8.3.2.2. Argentina Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 8.3.3.2. Rest Of South America Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 9. Middle East and Africa Dry Ice Blasting Machine Market Size and Forecast by Segmentation (by Value USD Mn) (2023-2030) 9.1. Middle East and Africa Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 9.2. Middle East and Africa Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 9.3. Middle East and Africa Dry Ice Blasting Machine Market Size and Forecast, by Country (2023-2030) 9.3.1. South Africa 9.3.1.1. South Africa Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 9.3.1.2. South Africa Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 9.3.2. GCC 9.3.2.1. GCC Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 9.3.2.2. GCC Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 9.3.3. Rest Of MEA 9.3.3.1. Rest Of MEA Dry Ice Blasting Machine Market Size and Forecast, by Type (2023-2030) 9.3.3.2. Rest Of MEA Dry Ice Blasting Machine Market Size and Forecast, by Application (2023-2030) 10. Company Profile: Key Players 10.1. Aquila Triventek 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis (Technological strengths and weaknesses) 10.1.5. Strategic Analysis (Recent strategic moves) 10.1.6. Recent Developments 10.2. Cold Jet 10.3. Tooice 10.4. CMW CO2 Technologies 10.5. IceTech 10.6. Phoenix Unlimited LLC 10.7. TOMCO2 Systems 10.8. Karcher 10.9. ICS Ice Cleaning Systems 10.10. CRYOCLEEN 10.11. ASCO Carbon Dioxide 10.12. Continental Carbonic 10.13. CryoSnow 10.14. Cryoblaster 10.15. CRYONOMIC 10.16. ICEsonic 10.17. Wuxi Yongjie Automatic Equipment 10.18. SIDA 10.19. Cold solutions Pte Ltd 10.20. Artimpex N.V 11. Key Findings and Analyst Recommendations 12. Dry Ice Blasting Machine Market: Research Methodology 13. Market Size Estimation Methodology 13.1.1. Bottom-Up Approach 13.1.2. Top-Down Approach