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. …
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The global axial flow pump market forecast was valued at $27.4 billion in 2020, and is projected to reach $42.1 billion by 2030, growing at a CAGR of 4.4% from 2021 to 2030. An axial flow pump is a type of centrifugal pump that is designed to move fluid through a system in a direction …
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 …
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Allied Market Research recently published a report, titled, ”Methane Hydrate Extraction Market: Opportunity Analysis and Industry Forecast, 2021–2025″. The methane hydrate extraction market is projected to reach 66,901.8 thousand cubic meters by 2025, growing at a CAGR of 6.3% during the period 2021 to 2025. Download Free Sample Report at: https://www.alliedmarketresearch.com/request-sample/5275 Increase in investments for the process …
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, …
The gas engine market size was valued at $4.2 billion in 2021, and gas engine industry is estimated to reach $6.0 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031. A gas engine, also known as a gas-powered engine or internal combustion engine, is an engine that burns a gaseous fuel, …
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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 …
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 …
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 …
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 …