The global aviation fuelmarket sizewas valued at $179.2billion in 2018 and is anticipated to generate $238.5 billion by 2026 growing at a CAGR of 3.5% from 2019 to 2026.Aviation fuel is a type of petroleum-based fuel used to energize an aircraft. It has better quality than other fuels used in any other medium of transport. […]
MARKET INTRODUCTION The mounting number of wells drilled, and high day rates of offshore rigs are boosting the sand control system market. Similarly, the sand control systems are installed to upsurge the long-term production as well as ongoing well safety, which are the factors for the growth in the need for sand control system market […]
MARKET INTRODUCTION The power monitoring involves a network of meters connected to the internet to provide real-time data on the power systems. As the developed and developing regions are rapidly adopting smart grid technologies, the market for power monitoring is expected to surge in the coming years. Moreover, investments in the IT hubs and data […]
MARKET INTRODUCTION The oil and gas industries use oilfield equipment rental services for well test and well clean-up operations. The demand for these equipment rentals is skyrocketing with the increase in global investments for exploration and production. The unconventional hydrocarbon production in the North American region is sighted as a key driver for the immense […]
MARKET INTRODUCTION The micro turbines are small gas turbines ranging from 25 to 500 kilowatt, which are used for stationary energy generation. These turbines offer various advantages over other small-scale power technologies such as lightweight, compact size, and a small number of moving parts. Also, micro turbines exhibit greater efficiency and lower emissions. With surging […]
Epoxy resin is a class of thermosetting polymers formed by copolymerization of an epoxide with another compound having two hydroxyl groups. It is used across numerous industrial applications such as paints & coatings, adhesives, composites, and electronic encapsulation & others owing to its corrosion, chemical, and moisture resistance; thermal stability, mechanical strength, durability, and superior […]
Polylactic acid (PLA) is a bio-degradable thermoplastic aliphatic polymer produced from lactic acid using various crops like corn, sugarcane, tapioca etc. as a raw material. Similar to other sustainable bioplastics, PLA has a huge market potential to be used in various packaging applications of food, beverages and other consumer product that have short shelf-life. Get […]
Green solvents are derived from the agricultural sources, such as corn, sugarcane, lactic acid, refined glycerin, bio succinic acid, soybean oil and similar others. Eco-friendly nature and low volatile organic compound (VOC) content emission than conventional petroleum based solvent were the prime reason for manufacturers to shift towards green solvent. In 2014, the market for […]
The global bunker fuel market was valued at $97,203 million in 2016, and is expected to reach $142,489 million by 2023, registering a CAGR of 9.6% from 2016 to 2022. The term “oil fuel” describes any fuel manufactured from petroleum crude oil and can apply to gasoline and jet kerosene or, in the marine world, […]
A gearbox is used in a wind turbine to increase the rotational speed of the generator. Growing inclination towards renewable energy sources due to its cost-effectiveness and high energy generation efficiency; this results in increasing the adoption of the wind turbines that propel the growth of the wind turbine gearbox market. Growing demand for clean […]
