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Showing posts from September, 2023

Cuttings Re-injection Services Market to Witness Growth Acceleration during 2021 – 2030

The cuttings re-injection services market witnessed decreased demand owing to halted upstream activities i.e., (exploration, and drilling activities). Furthermore, the shift from fossil fuel to clean energy is expected to challenge the market during the forecast period. The  cuttings re-injection services market  was valued at $180.6 million in 2020 and is projected to reach $259.7 million by 2030, growing at a CAGR of 3.6% from 2021 to 2030. Cutting re-injection is a total containment or zero discharge drilling waste disposal process. It includes three significant components high-pressure injection pump, cuttings transfer system, and slurrification unit. In addition, some of the other optional equipment used in CRI process are grinding mill, slurry holding tank, and sizing shaker. Cutting re-injection (CRI) services comprise project regulatory support, technical-engineering support, data management services for CRI disposal operations, daily technical-engineering support, p...

Modular Refineries Market Analysis: Trends and Forecasts 2023 - 2032

Refineries play a significant role in the production of petroleum products as refining crude oil is the first step during the production. The first modern oil refinery based on continuous distillation was built by Ignacy Lukasiewicz near Jasha in Poland between 1854 and 1856. Several developments have been made in the refinery industry for the improvement of economies of scale and design. Refineries have historically not been very profitable, as the refinery industry has been troubled with low margins globally. Oil companies are ready to invest in innovative technology as small-size refineries are the reliable solution to increase the margin in a short period. The  modular refineries market  was valued at $2.2 billion in 2022 and is estimated to reach $3.6 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/75077 Modular refineries are ...

Carbon Capture, Utilization, and Storage Market Projected to Garner Significant Revenues By 2030

 The global carbon capture, utilization, and storage market is expected to head toward expansion in the coming years, owing to rising industrialization along with soaring investments toward introduction of emission control machinery will create significant market opportunities across various sectors including oil & gas, chemical and power generation across the globe. In addition, increasing industrialization rate coupled with the growing investment toward expansion of manufacturing facilities has raised the deployment of CCUS projects globally. Furthermore, several governmental policies to limit the greenhouse gases emission across the key economic sectors with the participation of regulators will further stimulate the carbon capture, utilization, and storage industry landscape. The global  carbon capture, utilization, and storage market  was valued at $1.9 billion in 2020, and is projected to reach $7.0 billion by 2030, growing at a CAGR of 13.8% from 2021 to 2030. ...

USB Wall Socket Market Advanced Technology and New Innovations by 2031

 The usb wall socket market size was valued at $1.0 billion in 2021, and  USB wall socket market  is estimated to reach $1.6 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031. The USB wall charger (USB wall socket) refers to a universal power adapter that enables users to plug into multiple varieties of an electrical socket. A USB wall charger optimally delivers power requirements as much as the device needs. A USB wall charger is designed in a way so that it is compatible with a wide range of mobile devices such as Apple iPhone, iPad, Android phones, and laptops. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/16242 This market is primarily driven by the increasing proliferation of smartphones across the world. The enhanced functionality in smartphones drains out battery too soon, which is propelling the demand for these chargers. Additionally, features associated with the USB...

Nuclear Power Plant and Equipment Market Growth, Trends, Opportunities and Forecast to 2030

 The rise in demand for low-cost energy, reliable, zero carbon emissions, and high energy density energy across the world led to an increase in the demand for nuclear energy. In addition, the increase in demand for electricity was caused in part by the increase in population, and by economic development also led to increase the demand of nuclear power plant and equipment. The global  nuclear power plant and equipment market  size was valued at $41.1 billion in 2020, and is projected to reach $58.4 billion by 2030, with global nuclear power plant and equipment market forecast expected at a CAGR of 3.5% from 2021 to 2030. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/970 Nuclear power plants differ from fossil power plants mainly in the source of heat for converting water into steam, which is subsequently used to run the turbine and produce electricity. In addition, the source of heat is ...

Hydrogen Generation Market 2021 – Revenue Status and Forecast Report 2031

 The rapid surge in technological innovations related to extraction of hydrogen through sustainable resources such as Green hydrogen has significant impact on hydrogen generation market. The government initiatives towards zero carbon emissions led to the increase in utilization of fuel cell powered vehicles. Furthermore, the increased population across the globe has led to increase in the demand for food; hence in order to increase the food production hydrogen is used in the production of ammonia. The  hydrogen generation market  size was valued at $136.3 billion in 2021, and hydrogen generation industry is estimated to reach $262.0 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031. Get a PDF brochure for Industrial Insights and Business Intelligence @  https://www.alliedmarketresearch.com/request-sample/1575 Hydrogen production is the family of industrial methods for generating hydrogen gas. As of 2020, the majority of hydrogen ( ∼ 95%) is produced fr...

Solid State (Smart) Transformer Market Insights, Size, Share, In-Coming Trends, Top Key Players - Hitachi ABB, Siemens AG, General Electric Company

 The global solid-state transformer will be less impacted due to the COVID-19 pandemic and will continue to grow its revenue size at a CAGR of 16.9%. Solid-state transformers are an integral part of the energy grid, mainly due to the rapid penetration of renewable energy sources and efforts to strengthen the performance of the distribution network. In addition to performance enhancements, it helps in reducing greenhouse emissions over the long run and increases the security of the power grid. Moreover, all the key application areas of solid-state transformers, mainly the locomotive, electric mobility, and power distribution sectors are undergoing massive transformations due to global investments; thus, offering fresh opportunities for the solid-state transformer market. The global solid state transformer (SST) market size was valued at $141.5 million in 2020 and is projected to reach $468.0 million by 2028, growing at a CAGR of 16.9% from 2021 to 2028. Procure Complete Report @...

Multi Fuel Generators Market to Surge at a Robust Pace in Terms of Revenue Over 2030

Significant enrichment in industrial sectors in developing Asia-Pacific countries has significantly strengthened the global supply chain. Many countries, particularly those in Europe and North America are now reliant on importing raw materials or finished products from Asia-Pacific countries such as China and India, owing to their huge production capacity and significantly lower prices. Many nations in Asia-Pacific have seen considerable economic growth as a result of their expanding superiority in chemical exports, which includes raw material processing, enlarged production facilities, and final manufacturing of end-use products. The global  multi fuel generators market  size was valued at $1,038.7 million in 2020, and is projected to reach $1,880.6 million by 2030, growing at a CAGR of 6.2% from 2021 to 2030. Procure Complete Report @  https://www.alliedmarketresearch.com/checkout-final/be54d91e464b2d85b5366c9956791a45 Multi-fuel generators are very dependable backup an...