The synthetic fuel market was valued at $3.9 billion in 2021, and is estimated to reach $22.5 billion by 2031, growing at a CAGR of 19.7% from 2022 to 2031. Synthetic fuel, also known as synfuel, is a type of fuel that is produced from non-petroleum sources such as coal, natural gas, or biomass through …
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The dry natural gas market was valued at $650.90 billion in 2021, and is estimated to reach $1390.4 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031. Dry natural gas, also known simply as “dry gas,” refers to natural gas that consists predominantly of methane (CH4) and contains minimal amounts of …
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The excitation systems market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for synchronous machines from various end use industries. In addition, rise in investment towards power infrastructure projects fuels the growth of the excitation systems market. However, complicated design and disadvantages of …
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Increase in demand for membrane pumps from end-use industries, such as chemical, water & wastewater treatment, is expected to drive the membrane pump market during the forecast period. Moreover, technological advancement has resulted in an increase in adoption of membrane pumps in many industries. However, problem associated with pulsation is expected to hinder the market …
The global instrument transformers market was valued at $7.0 billion in 2020, and is projected to reach $13.0 billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030. Instrument transformers are devices used in electrical power systems to transform high currents and voltages into manageable and measurable levels for protection, control, and …
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Global Microcellular plastic market is expected to exceed $93.0 billion by 2031 and to witnessing a CAGR of 7.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. The report is a helpful source of information for leading …
The geothermal drill bits market size was valued at $3.4 billion in 2021, and geothermal drill bits industry is estimated to reach $5.8 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031. Geothermal drill bits are specialized tools designed for drilling into the Earth’s crust to access geothermal resources, such as …
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Allied Market Research published a report, titled, “Metal catalyst Market by Catalyst Type (Platinum, Ruthenium, Palladium, Titanium, Zinc, Copper, and Others), Application (Automotive, Petrochemical, Pharmaceutical, and Others), And Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031″ According to the report, the global metal catalyst industry generated $18.8 billion in …
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Allied Market Research published a report, titled, “Performance Elastomer Market by Type (Nitrile based Elastomers, Silicone Elastomers, Fluoroelastomers, Others), by End Use Industry (Automotive and Transportation, Healthcare, Industrial Machinery, Building and Construction, Electrical and Electronics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031″. According to the report, the global performance elastomer industry generated $15.8 billion …
The biofuel additives industry plays a crucial role in enhancing the performance and sustainability of biofuels. Biofuels are alternative fuels made from renewable sources such as corn, soybeans, sugarcane, and algae, and they are seen as a more environmentally friendly alternative to traditional fossil fuels. However, like any fuel, biofuels can benefit from the addition …
