Steam Turbine Market Resilience in Challenging Economic Climates

The steam turbine market was valued at $17.5 billion in 2022, and is estimated to reach $22.4 billion by 2032, growing at a CAGR of 2.6% from 2023 to 2032. A steam turbine is a mechanical equipment, which operates by using heat sources such as gas, coal, nuclear, or solar to heat water to extremely …

Global Heat Transfer Fluids (HTFs) Market is likely to hit $2.0 billion by 2027 | Europe contributed to the highest market share in terms of revenue

As per the research report by Allied Market Research Says, Global Heat Transfer Fluids Market is anticipated to cross $2.0 billion by 2027, and register at a CAGR of 4.8% from 2020 to 2027. A heat transfer fluid is a gas or liquid that takes part in heat transfer by serving as an intermediary in cooling on …

Liquid Hydrogen Market to witnessing at 5.5% CAGR from 2023 to 2032 | Global Value $66.3 billion

Allied Market Research published a report, titled, “Liquid Hydrogen Market by Distribution (Pipelines, Cryogenic Tanks, Others), by End Use Industry (Aerospace, Automotive and Transportation, Energy and Power, Industrial Sector, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global liquid hydrogen industry generated $39.0 billion in 2022, and is estimated to reach …

Global Tank Insulation Market will hit  to reach $9.0 billion by 2031 | In-depth Analysis and Opportunities Over 2021-2031

As per new research report by Allied Market Research, Global Tank insulation market size was $5.3 billion in 2021, and is expected to reach $9.0 billion by 2031, witnessing a CAGR of 5.4% from 2022 to 2031. The report offers a detailed analysis of changing market trends, key segments, competitive landscape, regional scenario, and value chain. This …

Renewable Energy Certificate Market Present Scenario and Growth Prospects 2021 – 2030

The Renewable energy certificate market report mainly focuses on global Renewable energy certificate market trends, drivers, market segments, production and sales status, competitive landscape and other aspects of the research during 2018-2023, based on the development trend of the industry, the global Renewable energy certificate market development prospects for 2021-2030 trends in objective and prudent …

Electrolyzer Market Emerging Technological Advancement, Future Scope, and Business Growth 2027

The global electrolyzers market size was valued at $0.2 billion in 2019 and is anticipated to generate $0.9 billion by 2027. The market is projected to experience growth at a CAGR of 24.6% from 2020 to 2027. In electrolyzer, water is split into hydrogen and oxygen by using electricity. There are different processes used for …

Mining Drilling Services Market To Witness Huge Growth from 2020 – 2030

The demand for drilling services majorly depends on the exploration, production, and development activities conducted by mining companies, specifically with respect to commodities such as gold, copper, and other metals. Drilling services also comprise wide range of drilling technologies such as surface & underground diamond coring, reverse circulation, sonic drilling, and others. The mining drilling services …

Heat Pump Market to Partake Significant Development During 2026

Heat pump is a mechanical-compression cycle refrigeration system that can be reversed to either heat or cool desired space. It has main fourcomponents, which include condenser, expansion valve, evaporator, and compressor. When heat is transferred through these four components it is knownas refrigerant. Heat pumps are mainly used in heating, ventilation, and air conditioning (HVAC) …

Biomass Gasification Market Detailed Insights on Upcoming Trends 2021 – 2031

The biomass gasification market was valued at $88.0 billion in 2021, and is estimated to reach $188.5 billion by 2031, growing at a CAGR of 8% from 2022 to 2031. Biomass gasification is a process to convert biomass into gases and energy. This is done through combustion at high temperatures under a controlled oxygen supply. …

Offshore Drilling Fluid Market to Partake Significant Development During 2031

The offshore drilling fluid market was valued at $3.2 billion in 2021, and is estimated to reach $4.8 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031. Offshore drilling fluids are also known as muds that are used for lubrication, cooling, removing cuttings, and conducting other extraction and drilling activities. The …