The organic biogas market size was valued at $10.7 billion in 2021, and organic biogas market is estimated to reach $19.7 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031. Biogas is an environmentally friendly and renewable energy source. It is produced when organic matter, such as food or animal waste, …
Category Archives: oil and gas
Industrial Gases Market is Expected to Grow Tremendously By 2031 – AIR LIQUIDE SA, Goyal MG gases Pvt Ltd, Taiyo Nippon Sanso
The industrial gases market size was valued at $93.8 billion in 2021, and industrial gases market is estimated to reach $162.8 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031. Industrial gases mainly consist of carbon dioxide, hydrogen, nitrogen, oxygen, and noble gases (helium, neon, argon, krypton, xenon and radon). The …
Gas Turbine Service Market to Witness Robust Expansion By 2031 With Prominent Key Players: VERICOR, PROENERGY, Opra Turbines, General Electric
The gas turbine service market size was valued at $19.6 billion in 2021, and gas turbine services market is estimated to reach $32.1 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031. A gas turbine is a combustion engine at the heart of a power plant that can convert natural gas or other …
Nuclear Power Plant and Equipment Market Growth, Trends, Opportunities and Forecast to 2030
Rise in demand for low-cost energy, reliable, zero carbon emissions, and high energy density energy across the world led to increase in the demand for nuclear energy. In addition, the increase in demand for electricity caused in part by the increase in population, and by economic development also led to increase the demand of nuclear …
Oilfield Auxiliary Rental Equipment Market to Witness Comprehensive Growth by 2030
The oilfield auxiliary rental equipment market is anticipated to witness considerable growth during the forecast period. This is attributed to factors, such as rise in demand for crude oil and other oil & gas products from developing regions, including Asia-Pacific and Latin America. In addition, rapid growth of hybrid or dual fuel vehicles across the …
Liquefied Petroleum Gas Market Strategic Plan for Positive Growth 2030
The liquefied petroleum gas market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for LPG from various applications such as residential, commercial, and industrial. In addition, government initiatives to encourage the commercialization of LPG as cooking and auto fuel promote the growth of …
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LNG Bunkering Market Advanced Technology and New Innovations by 2027
The LNG bunkering market is anticipated to witness considerable growth during the forecast period, owing to factors such as IMO regulation on the sulfur content in the marine fuel and increase in gas exploration & production activities. However, demand-supply gap for LNG bunkering is the key factor restraining the growth of the market in the …
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Steam Boiler Market Trends, Active Key Players, and Growth Projection Up to 2027
The steam boiler market is anticipated to witness considerable growth during the forecast period. This is attributed to rise in demand for steam boiler in the generation of electricity from various end-use industries. In addition, increase in investment toward the power generation sector, owing to rise in electricity demand fuels the growth of the steam …
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Gas Turbine Market Strategic Plan for Positive Growth 2030
The global gas turbine market is expected to head toward expansion in the coming years, due to rapid technological advancements in the energy sector coupled with increase in focus toward distributed power generation technologies. With exponential rise population and robust growth of the industrial sector across the developing economies such as China and India, the …
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Next Generation Biofuels Market Growing Technology Opportunities and Future Business Trends to 2030
The global next generation biofuels market is experiencing growth owing to usage of sustainable and clean source of fuel, easy availability of raw materials that are non-food crops & wastes, lesser concentration of greenhouse gases as compared to conventional fuels, and governmental incentives that supports the development of advanced biofuel production technologies. The global next …