Power Purchase Agreement Market to Witness Comprehensive Growth by 2031

PPA is the foundation document for most power projects and a fundamental instrument to facilitate the sale and purchase of electrical power. The power purchase agreement is another step towards the sustainability arrangement under which a company enters a long-term contract with an independent power producer or a utility and commits to purchasing a specific …

Natural Gas Generator Market Share to grow at a CAGR of 6.6% till 2031

Natural Gas Generator Market Overview The natural gas generator market size was valued at $5.5 billion in 2021, and is estimated to reach $10.4 billion by 2031, growing at a CAGR of 6.6% from 2022 to 2031. The key players operating and profiled in the report include Weichai Group (China), Kohler Co. (US), Atlas Copco …

Performance Elastomer Market estimated to grow with the highest CAGR during the forecast period 2021-2031

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 …

Alternative Energy Market to Surge at a Robust Pace in Terms of Revenue Over 2031

The alternative energy market was valued at $1.1 trillion in 2021 and is projected to reach $3.2 trillion by 2031, growing at a CAGR of 10.3% from 2022 to 2031. In 1860, the world’s first solar energy system was invented by French investor Augustin Mouchot. According to inventor predictions, one-day coal supply would run out and …

Bolt Heaters Market to Partake Significant Development during 2031

The bolt heaters market size was valued at $179.4 million in 2021, and the bolt heaters industry is estimated to reach $269.4 million by 2031, growing at a CAGR of 4.2% from 2022 to 2031. Bolt heaters are manufactured with a wooden handle attached to a terminal conduit box for easy insertion and removal. It has …

Kelly Drive Market to Witness Remarkable Growth from 2022 – 2031

The global kelly drive market was valued at $1.6 billion in 2021 and is projected to reach $2.3 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031. Kelly drive is used to increase the production from the existing well which is boosting the kelly drive market size in the forecasted period. …

LNG Bunkering Market Growth, Trends, Opportunities, and Forecast to 2027

 The global LNG bunkering market size was valued at $0.38 billion in 2019 and is projected to reach $5.14 billion by 2027, growing at a CAGR of 45.2% from 2020 to 2027. LNG is an attractive alternative fuel for seagoing vessels and inland vessels, as liquefied natural gas emits fewer polluting substances. LNG is a …

Booster Compressor Market to Witness Exponential Growth by 2030

The booster compressor market size was valued at $3.0 billion in 2020 and is projected to reach $5.1 billion by 2030, growing at a CAGR of 5.6% from 2021 to 2030. A booster compressor is equipment used to provide high pressure for a shorter period owing to the requirement of high pressure from various industrial …

Liquefied Petroleum Gas Market Trends, Active Key Players, and Growth Projection Up to 2031

The liquefied petroleum gas market size was valued at $130.1 billion in 2020 and is projected to reach $243.4 billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030. Liquefied petroleum gas (LPG) is obtained from the compression and cooling of two gases named propane and butane, which are formed from oil …

Highly Reactive Polyisobutylene Market Likely To Grow at CAGR 5.5% by 2031, Size, Application, Emerging Trends, Regional Overview and Industry Forecast, 2021-2031  

Global Highly reactive polyisobutylene market is set to hit $1.6 billion by 2031 and to growing a CAGR of 5.5% from 2022 to 2031. Growing demand for highly reactive-polyisobutylene from several end-use industries drives the growth of the global highly reactive polyisobutylene market. By application, the lubricants segment held the major share in 2021. By region, …