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Showing posts from March, 2019

Cogeneration Equipment Market is Expected to Witness a Sustainable Growth by 2025

The  global cogeneration equipment market  is largely consolidated in nature, observes Transparency Market Research (TMR) in a new report. To further bolster their foothold, leading players in this market are forging alliances with original equipment manufacturers (OEMs) of various end-use industries. These companies are also investing in research to introduce innovative products, which will help them gain competitive advantage. They are also vying to tap growth opportunities in emerging economies, especially in Asia Pacific, which in turn will expand their geographical presence. Key players in the global cogeneration equipment market include BDR Thermea, Siemens AG, Mitsubishi Heavy Industries Ltd., Clarke Energy, Innovate Steam Technologies, Foster Wheeler AG, ANDRITZ Energy & Environment GmbH, 2G Energy, ABB, Aegis Energy Services Inc., Rolls Royce Plc., Innovate Steam Technologies, and Kawasaki Heavy Industries. The global cogeneration equipment market was valued at US$22

Power Generator Rental Market is Set to Garner Staggering Revenues by 2025

In a new study, Transparency Market Research (TMR) discusses in detail the various factors influencing the  global power generation rental market . It covers the leading market players and highlights competitive trends prevailing over the years. As per TMR, the presence of several regional and local players has rendered the market highly fragmented. The global power generation rental market also exhibits the presence of a few global players. Aggreko PLC, APR Energy, Caterpillar Inc., Cummins Inc., Atlas Copco AB., and United Rentals, Inc. are among some of the most prominent companies operating in the global power generation rental market. TMR pegged the global power generation rental market at US$4,131.28 mn in 2016. Exhibiting a CAGR of 6.27% between 2017 and 2025, the market is expected to reach US$7,087.40 mn by the end of 2025. Regionally, the Middle East and Africa held dominance in the global market. Besides this, the market is expected witness lucrative prospects in Asia Pa

Lead Acid Battery Market Poised to Garner Maximum Revenues by 2024

The  global lead acid battery market  is projected to expand at a CAGR of 4.0% during the forecast period 2018 to 2026, according to a new research report titled “ Lead Acid Battery Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025 ” by Transparency Market Research (TMR). According to the report, the global lead acid batte ry market volume is expected to surpass around seven lakh thousand units by 2026. Growth of the global lead acid battery market is driven by the extensive usage of lead acid batteries in passenger car applications due to its low cost combined with reliability of performance. The lead acid battery market in Asia Pacific is estimated to expand at a CAGR of more than 4.9% during the forecast period owing to the presence of a large manufacturing & recycling base, favorable government regulations, development in automotive and industrial sectors, and increase in focus on research and development activities. Increase in vehicle

Aerospace Coatings Market Chemicals Market Size will Observe Lucrative Surge by the End 2024

The  global aerospace coatings market  is witnessing a high degree of competition on account of the rivalry between PPG Industries Inc, The Sherwin-Williams Co., Akzo Nobel N.V., and BASF SE. These players are focusing substantially on expanding in emerging economies, equipped with abundant untapped potential. Over the coming years, the competition within this market is expected to intensify further, states the research report. According to the research report, the global market for aerospace coatings presented an opportunity worth US$1.53 bn in 2016. Further expanding at a CAGR of 5.80% during the period from 2017 to 2025, the market is expected to rise to US$2.53 bn by the end of the period of the forecast. On the basis of the technology, the global market expected to be led by the solvent-based segment in the near future. By end user, commercial and business aircraft have been reporting a higher usage of aerospace coatings. However, the market is projected to observe a rising de

Wind Power Coating Market Projected to Gain Significant Value by 2026

The  global wind power coating market  is projected to exhibit a positive growth trajectory in the coming years, as reported by Transparency Market Research (TMR). The market’s competitive ecosystem comprises of a large pool of small- and medium-sized vendors, with increasing focus on product differentiation through introduction of innovative products and technology. The market features intense competition between the players, and the rivalry levels are slated to keep rising in the coming years. Prominent vendors in the global wind power coating market are Teknos Group Oy, Hempel Fonden, Jotun Group, PPG Industries, Akzo Nobel N.V., and 3M Co. According to TMR’s analysts, the global market for wind power coatings was evaluated to be at US$644.2 mn in 2016, and is prognosticated to rise to US1, 801.1 mn by 2025. Over the forecast period 2017 to 2025, the wind power coatings market is predicted to exhibit a 12.3% CAGR. In terms of the application, the wind power coatings market can

Biocomposites Market Significant Profits Estimated to be Generated by 2025

The vendor landscape for the global market for biocomposites has witnessed a significant rise in the number of manufacturers, leading to intense competition, states Transparency Market Research in a recent report. As the market witnesses the entry of numerous well-established manufacturers of popular composites such as glass fiber and cotton fiber, the market is expected to become more competitive in the near future. Despite this, the market features a vast set of untapped growth opportunities in new applications across industries such as construction and automotive. Tapping these growth opportunities may require strategic collaborations with companies in emerging economies and expansion of manufacturing capabilities to effectively serve the rising demand. Some of the leading companies operating in the global biocomposites market are Tecnaro GmbH, UPM, FlexForm Technologies, Green Bay Decking LLC, Universal Forest Products, Inc., and JELU-WERK J. Ehrler GmbH & Co. KG. Accordi

Nickel Alloy Welding Consumables Market Growth Prospects, Trends and Forecast up to 2025

The global nickel alloy welding consumable market is expected to prosper due to rise in construction and building. According to a report by Transparency Market Research, the market is moderately consolidated among some well-established players. The one half of overall demand is served by prominent players and the other half of share is distributed among domestic and regional players. The competition is intense due to companies trying to hold larger share in the market. Global players are also engaged in promoting and marketing their products to suppress local and regional players but these regional players are providing inexpensive products to local demand and are surviving the competition in the market. Some of the key players in the market are Voestalpine Bohler Welding GmbH, Illinois Tool Works Inc., ESAB, Colfax Corporation, and Lincoln Electric Holdings Inc. The  global nickel alloy welding consumable market  is expected to rise at a CAGR of 5.4% during the forecast period of