Posts

Showing posts from July, 2020

Oil Refinery Market to Reflect Impressive Growth Rate by 2024

Global Oil Refinery Market: Brief Account The global  oil refinery market  is taking mighty strides toward a perpetual recovery and assertive development mainly on the back of developing economies and the wholehearted support by their governments. The world’s largest oil refinery installed in India rode on its record performances in 2016 to help the owner Reliance Industries Ltd. gain a 10.0% rise in profits. This profitability jump was witnessed in the face of defiance coming from the challenging market conditions. Thus, the market is anticipated to offer opportunities even during the not-so-profitable times. The report presented here segments the world oil refinery market in terms of type of crude. Apart from Asia Pacific, the other principal geographies of the market could be North America, Europe, and Rest of the World. The analysts have exercised their experience and skills to expose some of the vitally important factors that are deemed responsible for the growth of the oi

Ultra Efficient Solar Power Market to Receive Overwhelming Hike in Revenues by 2024

Solar energy is one of the rich renewable resources in the world that can be categorized in terms of the wavelengths that determine infrared, visible light and ultraviolet. The total of solar energy incident on the earth’s surface is nearly 1.5 × 1018 kWh/year. This amount is approximately 10,000 times the present annual energy consumption globally. Solar energy can be converted into electrical energy through a device called as solar cell which converts photons, present in solar rays to direct current. Solar power plant requires less area than any other energy source power plant. Doubling the efficiency of solar devices can help in completely changing the economics of renewable energy and that can be possible with the help of ultra efficient solar power plants. This technology can resolve the major issues such as increasing energy demand and pollution as a result of growing population by maximizing the amount of energy created. To obtain all-inclusive information on forecast analys

Carrageenan Gum Market Poised to Expand at a Robust Pace by 2023

Carrageenan is a common name for a family of gel-forming and viscosifying polysaccharides that are extracted from a species of red seaweed belonging to class Rhodophyceae. It is commonly found in the Atlantic Ocean near Britain, Europe, and North America. Carrageenan contains considerable amount of cellulose and sulfated polygalactan with 15% to40% of ester-sulfate content. It has off-white to brown appearance and is commercially available in powdered form. It is also known as seaweed flour or Irish moss. Carrageenans differ in their chemical structure and properties, and therefore, they have varying utilities in application industries. Carrageenans of commercial interest are available in three different grades: Iota (ι), kappa (κ), and lambda (λ). For instance, iota forms elastic gels with calcium salts and is stable at room temperature, while kappa forms strong and rigid gels with potassium salts and brittle gels with calcium salts. Lambda does not participate in gel formation and

Butter and Margarine Market Foreseen to Grow Exponentially by 2023

Butter and Margarine Market: Overview Butter and margarine are vital ingredients of confectionary products. Over the years, they have become an indispensable part of households and daily diets. Margarine, a non-dairy product, is often substituted for butter, as it a cheaper alternative when the cost has to be contained. Butter, on the other hand, is a dairy product and is used for making and baking several dishes. The research report by Transparency Market Research details the drivers and restraints of  butter and margarine market . The report has been studied using market measurement tools such as a SWOT analysis and a Porter’s five forces analysis. The former provides an examination of the strengths, weaknesses, opportunities, and threats impacting the segments of the global butter and margarine market. On the other hand, the latter tool defines the intensity of the competitive rivalry, bargaining power of suppliers and buyers, and threats to the new entrants. The research repo

Global Animal Food Market to Witness an Outstanding Growth by 2024

Global Animal Food Market – Industry Size, Share, Trends, Analysis, And Forecasts 2016 – 2024 Rise in the awareness about the nutritional requirement of animals is creating space for the growth of animal food market. Earlier, pet owners used to feed scraps and leftovers from the family meal, which used to cause allergic reactions in pets. Nowadays, they are considering the nutritional elements in adequate diet that pets require for their overall growth. One trend that is observed in recent years is pet-parenting. The trend is shaping the animal food market in the developed country. Statistically, over one third household of developed countries own pet. These owners tend to provide best of care to the pets in terms of veterinary or food. To obtain all-inclusive information on forecast analysis of Global Market , request a PDF brochure here. The buyers are becoming concerned about the food items and tend to purchase food items that are natural, locally grown, and offers digestive

Microwaveable Foods Market is Expected to Expand at an Impressive Rate by 2024

Despite being a multibillion-dollar industry, the rising awareness among consumers about the dangers associated with microwaving foods packed in plastic wraps or containers is anticipated to suppress the  microwaveable foods market ’s growth to an extent. Certain plasticizers such as BPA and phthalates are endocrine disrupters, which have an adverse impact on the human health since they mimic human hormones. To ensure safety of the population, the U.S. FDA closely monitors and regulates the plastic containers used for packaging in the food and beverages industry. It is mandatory for the manufacturers in the industry to conduct proper tests to ensure that the containers meet the stringent FDA standards. For the purpose of the study, the global microwaveable foods market is segmented on the basis of geography and technology. The report presents a comprehensive overview of the market, covering aspects related to the prevalent dynamics and growth opportunities. It includes an in-depth

Baby Food Market to Witness Widespread Expansion by 2027

Globally as parents are increasingly becoming aware of the nutritional requirement in their baby’s food, they are rapidly turning towards more products that enhances the development of their babies throughout the early development stage. Parents with time constraints & concerned about their babies adequate nutrition and all round development are more demanding and also seek clear and timely communication about baby food products. To obtain all-inclusive information on forecast analysis of Global Market , request a PDF brochure here. While birth rates are declining in developed markets, new and emerging markets such as India, Brazil and Middle East & African countries have opened up growth gates for the   baby food market . Enhanced participation of woman in work and fast paced lifestyle has enhanced the adoption of packaged baby food in these regions. Moreover, high competition and growing challenges are also pushing parents to look for high nutritional food for the

Smart Mining Market Set for Rapid Growth and Trend, by 2027

Transparency Market Research states that key players operating in the  global smart mining market  are likely to make significant investments in research and development. Market players are expected to focus on development and launch of new products, profitable partnerships, and consistent efforts toward expanding their product portfolio. Some of the leading companies in the global market are ABB Ltd., Atlas Copco, Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Joy Global Inc., and Komatsu Ltd. Analysts point to the fact that emerging economies, especially in Asia Pacific, are likely to offer several lucrative opportunities to these players in the foreseeable future. According to the research report, the global smart mining market is likely to be worth US$ US$16.25 bn by the end of 2025 from US$6.80 bn in 2016, with a strong CAGR of 10.2%. Out of various equipment, the automated excavators are projected to lead the global market. Their improved safety has been identifi

Water Pump Market to Set Phenomenal Growth by 2030

Transparency Market Research has recently observed that the sales market of  global water pumps  is strongly consolidated with the most prominent actors like Flowserve Corporation, Wilo SE, ITT Pumps, Sulzer, KSB Inc., Ebara Corporation, Xylem Inc. and Alfa Laval. Some of the significant purchases that occurred in 2013 included the takeover of Finder Pompe SpA by Dover, the acquisition by DXP Enterprises of Alaska Pump & Supply Inc. and the Xylem purchase of PIMS Group. Saudi Pump Factory, the biggest producer of pumps in the Gulf area, recently soldered 75% of its stake to Sulzer Ltd in 2014. The inorganic growth of businesses reduces the competition between the sector in the market for water pumps. New product growth, technological developments in products and acquisitions by worldwide conglomerates of smaller players are characteristic for the industry of water pumps. But tiny, unorganized players who are able to develop and market economically efficient products to serve in

Rainwater Harvesting Market to Receive Overwhelming Hike in Revenues by 2027

Key Highlights In terms of value, the global rainwater harvesting market is anticipated to expand at a CAGR of ~ 6%  from 2019 to 2027 The earth’s surface is covered with about  70%  of water; however, 97% of the total water available on the earth is saline and only  3%  of it is fresh water. Out of the total fresh water available, ~ 70%  is in the form of snow cover and glaciers, ~ 31%  is groundwater, and around 0.3% is present in rivers and lakes. Globally,  69%  of the water withdrawn is used for agricultural purposes;  23%  is employed for industrial purposes; and  8%  is used for domestic purposes. Demand for fresh water is increasing rapidly across the globe. This has resulted in extensive usage of existing water supplies such as groundwater sources. The level of groundwater has reduced significantly, resulting in scarcity of fresh water. Several countries have started making use of the previously unexploited freshwater sources. Rainwater harvesting  is a technology utiliz

ROOFTOP SOLAR PV MARKET FORESEEN TO GROW EXPONENTIALLY BY 2025

Rooftop solar PV offers an efficient, emission-free renewable source of electricity which can be used off-grid as well as on-grid. Rooftop solar PV offers an effective and efficient method for reducing carbon footprint and generating electricity from solar radiation. The market for rooftop solar PV has been rapidly increasing with the support of government subsidies and tax credits. The  rooftop solar PV market  have attracted large number of equity investments and funding. Currently, there are two major silicon technologies available: monocrystalline and polycrystalline. Rooftop solar PV systems are undergoing a surge in popularity due to their flexible nature and availability through leasing schemes. Rooftop solar electricity has been able to achieve grid parity in most of the countries. The overall payback time for the rooftop solar PV systems have been reducing, further boosting the market. The rooftop solar market is registering huge investments and funding from the equity and p

Air Purification Systems Market Pegged for Robust Expansion by 2025

The global  air purification systems market  is expected to grow with a CAGR of  11.2%  from  2019  to  2027 . The global air purification systems market in developing regions is primarily driven by the increasing urbanization and industrialization especially in China and India along with the degrading air quality, followed by growing concerns regarding harmful effects of air pollution on human health in these countries. Obligation to follow strict laws pertaining to toxic emission control is also a major factor contributing to the growth of air purification systems. Emerging economies such as China and India are going to be a major market for air purification systems. Rising concerns are related to health such as asthma, respiratory disorders, and allergies due to degrading air quality. Government initiative to control the air pollution create lot of opportunity for new entrants and existing manufacturers Dust collectors (exhaust filtration) remove dust impurities and other allerg

Microturbines Market to Set Phenomenal Growth by 2025

The global  microturbines market  is expected to register a robust growth, thanks to growing demand for energy, limited and unreliable supply of energy in emerging regions, and growing demand for on-site energy creation. The microturbines market is also expected to be driven by increasing technological advancements driving efficient and sustainable energy creation. Some key players in the global microturbines market include Bowman, Capstone Turbine Corporation, Flexenergy, Bladon Jets, Ansaldo Energia, Icrtec, Brayton Energy, and 247solar. REQUEST FOR COVID19 IMPACT ANALYSIS – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1545 The global microturbines market is also driven by the extreme efficiency and optimum design. The microturbines combine the manufacturing economics along with an aircraft’s auxiliary power system to form a turbocharger. Additionally, these systems eliminate the usage of both water systems and oil which are common among