All Blogs

Rising Sales of Packaged Food Support the Global Industrial Gases Market

Date: 11, November 2020 | Category: Energy & Utilities

The global industrial gases market is predicted to reach US$105.93 billion in 2024, witnessing growth at a CAGR of 6.48% over the period 2020-2024. The factors such as rising healthcare expenditure, accelerating sales of packaged food, growing base of geriatric population, expansion of refinery capacities, surging demand in the automotive sector and expanding urbanization would drive the growth ..

Focus on Renewable Energy Sources Supports the Global Wood Pellet Market

Date: 23, October 2020 | Category: Energy & Utilities

The global wood pellet market is forecasted to reach US$14.47 billion in 2024, witnessing growth at a CAGR of 12.02%, over the period 2020-2024. The factors such as increasing consumption of wood pellets, mounting concerns regarding climate change, expanding urbanization, surging focus on renewable energy sources and price instability of crude oil are expected to drive the market. A few notable ..

Rising Demand for Carbon Free Fuels to Drive Renewable Diesel Market

Date: 30, August 2020 | Category: Energy & Utilities

The global renewable diesel capacity is expected to reach 14.63 million tons in 2024, growing at a CAGR of 21.33%, during 2020-2024. While, the global renewable diesel demand is projected to reach 12.88 million tons, increasing at a CAGR of 15.93%, during 2020-2024. The factors such as growing production of motor vehicles, increase in biofuel demand, rise in carbon dioxide emission, availabilit ..

Outbreak of COVID-19 to Cause a Decline in OCTG Market Growth

Date: 19, June 2020 | Category: Energy & Utilities

The global OCTG market is expected to record a value of US$22.52 billion in 2024, increasing at a CAGR of 5.40%, for the duration spanning 2020-2024. The factors such as growing oil demand, growth in hydraulic fracturing activities, rising energy consumption, escalating investment on offshore drilling activities, accelerating economic growth and technological innovations in the drilling techniq ..

Increasing Oil Demand would Boost the Global Jack-up Rig Market

Date: 16, June 2020 | Category: Energy & Utilities

The global jack-up rig market volume is expected to reach 578 units in 2024, growing at a CAGR of 1.67% during the period spanning 2020-2024. The growth in the market is supported by factors like rising urban population, increasing GDP per capita and surging global offshore drilling market. The market is predicted to witness certain trends like upsurge in global oil demand and technological adv ..

Surging Production of Hydrogen Fuel Cell EV is Expected to Drive the Global Hydrogen Market

Date: 27, February 2020 | Category: Energy & Utilities

The global hydrogen market is expected to reach US$191.8 billion in 2024, growing at a CAGR of 6.09% for the period spanning 2020-2024. The market growth was driven by various factors like increasing global carbon emissions, rising consumption of a ..