News Archive for Renewable News, Reports

Demand for bio-based wood adhesives and binders to rise due to environmental benefits and reduced manufacturing cost

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The global wood adhesives and binders market is fragmented, with the top four companies accounting for 36% of the total market in 2013. These companies are Dow Chemical Company, 3M Company, Henkel AG and Co. KGaA, and HB Fuller. The wood adhesives and binders market is capital intensive and requires huge setup cost, Transparency Market Research (TMR). This makes it difficult for entry difficult for new players.

The R&D required for the development of customized products is very expensive and thus, only existing players who operate on a large scale are able to afford it. This makes the market consolidated with only a few companies benefitting from integration, leading to increased competition. However, new entrants with a strong financial backing can hope for prospective opportunities in bio-based adhesive formulations.

Growth in Construction Industry Boosts Demand for Wood Adhesives and Binders

Wood adhesives and binders have their applications in flooring, cabinets, plywood, doors, windows, and other structural panels. Furniture and construction are the major areas where the use of wood adhesives and binders is on a large scale. The construction market is expected to grow at a 4.7% CAGR between 2016 and 2020. Asia Pacific is expected to lead in the construction industry from 2015 to 2020. The massive population in the region is expected to create the need for newer constructions and infrastructure developments. Similarly, other regions are also witnessing a growth in the construction industry. This growth in the construction industry worldwide is resulting in a considerable demand for wood adhesives and binders.

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Fluctuating Price of Crude Oil to Restrict Growth of Wood Adhesives and Binders Market

Wood adhesives and binders are synthesized from petroleum-based feedstock such as urea, vinyl acetate, acrylates, styrene butadiene, polyurethanes, phenols, and polyolefins. These petroleum-based feedstock are dependent on the supply of crude oil. Thus, an increase in the price of oil and gas increases the cost of the raw materials required for the manufacturing of wood adhesives and binders.

Another factor affecting the growth of the market is the environmental and health risks associated with VOC (volatile organic compounds) emissions during the industrial or commercial applications of wood adhesives and binders. In order to regulate these emissions, several countries have set guidelines that restrict the amount of gaseous emission during the use of adhesives and binders. The violation of such government-defined regulations can cause severe penalties and losses. This is causing market players to shift their focus from solvent-based wood adhesives, thus restricting the growth of the market.

Environmental Concerns Give Rise to Demand for Bio-based Adhesives and Binders

The rising carbon footprint and the consequent increase in environmental concerns are causing market players to focus on the development of bio-based adhesives. The development of bio-based adhesives not only provides environmental benefits but also reduces the overall manufacturing cost as opposed to their synthetic counterparts. Bio-based adhesives are thus catching up in the market and are being manufactured by companies such as Henkel, ADCO Global, Cargill, BASF, Croda, Dow Chemical Company, DuPont, and Evonik Industries.

On the basis of product, the urea-formaldehyde segment led the market in 2013, accounting for 33.5% of the global wood adhesives and binders market. By application, the flooring and plywood segment was the largest, accounting for 51.3% of the global market in 2013. The flooring and plywood segment is expected to retain its leading positon in the coming years. By region, North America led the global wood adhesives and binders market in 2013. Asia Pacific is expected to be the fastest growing regional segment and account for 30.5% of the global wood adhesives and binders market by 2020.

The global market opportunity in wood adhesives and binders is projected to rise from US$13.15 bn in 2013 to US$17.77 bn by 2020, expanding at a CAGR of 4.4% from 2014 to 2020.

This information is based on the findings of a report published by Transparency Market Research titled “Wood Adhesives and Binders Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020.”

The global wood adhesives and binders market is segmented as follows:

Product

  • Urea-formaldehyde (UF)
  • Melamine-urea-formaldehyde (MUF)
  • Phenol-formaldehyde (PF)
  • Isocyanates (MDI, TDI, HDI)
  • Soy based
  • Others (Including polyurethane, epoxy, silicone, polyvinyl acetate (PVAc) and ethyl vinyl acetate (EVA)

Application

  • Cabinets
  • Flooring & plywood
  • Furniture & subcomponents
  • Windows & doors
  • Others (Including do-it-yourself consumer products and crafts)

Regional

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Research Report:http://www.transparencymarketresearch.com/wood-adhesives-binders-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Waste recycling services market – technological advancements have revolutionized the global waste recycling industry; report

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Waste recycling refers to the process of converting waste materials into reusable products. Rising concern about the environment has propelled the demand for waste recycling services. Increase in adoption of various electronic devices such as smartphones and their disposal has led to the accumulation of a large amount of e-waste. In recent years, the waste recycling services industry has emerged as one of the fastest growing industries. Technological advancements have revolutionized the global waste recycling services market.

Waste recycling services are widely employed across industries such as agricultural and forestry, metallurgical, chemical, power and energy, textile, and construction. Depending on the type of materials, waste recycling services are classified into battery recycling, automotive recycling, iron and steel, compost and food waste, liquids, oils, and chemicals, glass and fiberglass, multi-material collection, minerals, scrap plastic, waste paper, tire and rubber, waste disposal and collection, wood recycling, used commercial goods, used collectible items, used consumer items, and, equipment.

Automotive recycling services have dominated the overall market thus far. However, iron and steel, and tire and rubber recycling services are anticipated to significantly contribute toward the growth of the market in the near future. Demand for iron and steel recycling services has increased substantially due to the significant decline in prices of metal since 2015.

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Global Waste Recycling Services Market: Overview                                

Rising awareness about recycling and growing number of recycling manufacturers have fuelled the demand for waste recycling services. Government initiatives are playing an important role in the growth of the global waste recycling services market. Availability of subsidies and enactment of stringent environmental regulations have further compelled companies across various sectors to employ waste recycling services. The commercial sector is primarily responsible for the generation of solid wastes; of these, a significant portion is readily recyclable. Waste recycling can directly reduce the amount of greenhouse gas emissions (GHG) and carbon footprints of industries.

The high cost of waste recycling services is expected to negatively impact the growth of the global waste recycling services market. Rising usage of natural resources in waste recycling services has also hampered market growth. In the near future, emerging economies have tremendous potential for the growth of the global waste recycling services market due to the increasing demand from manufacturing plants and availability of economical labor.

Global Waste Recycling Services Market: Region-wise Outlook                                    

The global waste recycling services market has been segmented into four key regions: Asia Pacific, Europe, North America, and Rest of the World. Availability of cheap labor has prompted companies to shift their manufacturing plants to Asia Pacific. As a result, the region now has a thriving waste recycling services market. Asia Pacific is anticipated to dominate the overall waste recycling services market in the near future. Japan is among the key countries contributing toward the growth of the market in Asia Pacific, as more than 300 waste-to-energy plants have been constructed in the country in the past few years. Europe and North America have registered moderate growth in the global waste recycling services market in the recent past. In North America, the demand for waste recycling services is particularly high across the U.S. The Resource Conservation and Recovery Act mandated by Congress has led the U.S. Environmental Protection Agency (EPA) to frame the waste management program in the country. This has significantly boosted the growth of the waste recycling services market in North America.

Major players operating in the global waste recycling services market include Northstar Recycling, Eurokey Recycling Ltd., Amdahl Corporation, Triple M Metal LP, Battery Council International (USA), Interface Inc., Collins & Aikman, Epson Inc., Hewlett-Packard, Xerox Corp., Zanker Road Landfill, Fetzer Vineyards, and Rubicon Global.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Solar encapsulation market – latest innovations & emerging trends; research review 2015/2016 – 2023

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Encapsulation of solar cells is done between the solar module glass cover and the glass cover of the solar cell located inside the module. Encapsulations are usually done in order to extend the useful life of such PV installations. Materials selected for encapsulations usually possess corrosion resistant, flame retardant or hard wearing properties. Generally such encapsulation cannot be easily automated and requires significant energy and material resources. The use of such encapsulants is growing steadily in multiple industries such as construction and automotive among others.

Encapsulation ensures safe working of solar PV modules which enables consumers to reduce the maintenance costs. The construction industry is one the largest consumers of this segment. The growth of construction industry in the future will encourage companies to invest in R&D activities associated with solar encapsulation technology. The market for solar encapsulation is anticipated to grow at a substantial rate in the future owing to increased adoption of solar PV modules. Currently, there are no substitutes available for solar encapsulation technology, thus the growth of PV modules will directly enhance the growth rate of this technology.

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Growing awareness towards renewable energy resources and increased adoption of solar as a viable form of energy is bolstering the demand for solar PV modules. Many government agencies in developed counties have set targets to ensure maximum adoption of solar technology. Such government initiatives and growing demand of solar PV modules will encourage investment in solar encapsulation market. Other driving factors include growing energy requirements and immense technological proliferation in the solar PV module industry resulting in plummeting prices. Even though the market is at a nascent stage of development, growing acceptance and negligible product substitutes will ensure steady growth of the market in future. Constant R&D initiatives by existing PV module manufacturers will drive down encapsulation prices in the future as well as develop newer encapsulants for future PV technologies. The development of organic solar technology in the future will attract further investment in solar encapsulation market.

The encapsulants can be segmented on the basis of technology and materials used.  Segmentation on the basis of technology can be done as polycrystalline silicon solar technology and thin film solar technology. On the basis of material used for encapsulation, segmentation may be done as Polydimethylsiloxane (PDMS), Ethylene Vinyl Acetate (EVA), Polyvinyl Butyral (PVB) and Ionomers among others. The material to be used for construction of solar encapsulation depends on the requirements of the consumer.

Asia is emerging to be the market leader in terms of adoption of such encapsulation technologies. This is mostly due to aggressive renewable energy targets and growing energy requirements of the Asian economies. Countries such as India and China have intensively invested in this technology. Significant adoption is also observed in both North America and Europe. The national governments in these regions have announced several tax benefits to encourage adoption of solar technology which positively impacts the solar encapsulation market. Rest of the World has a comparatively lower market share in the overall installation market.

 

Some of the key players competing in solar encapsulation market include Bridgestone, STR Holdings Inc., DuPont, First Solar GmBH, Dow Corning Corporation, KURARAY EUROPE GMBH and Hangzhou First PV Material Co. Ltd. among others.

Research Report:http://www.transparencymarketresearch.com/solar-encapsulation-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Government support on expansive installation of solar panels escalates the growth of silicon metal market

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A growth in the demand of power generation using solar panels owing to the environment-conservation is expected to spur the demand for silicon metal globally. Silicon is an element used in the manufacturing of semiconductor devices. The element is available in abundance, however, the high production cost of Silicon forms a limitation. Additionally, high entry barriers and market volatility are a few restraining factors that need to be resolved in the syndicated silicon market.

Despite these limitations, reduced temperature susceptibility, easy doping, low processing and extraction costs, and low current leakage coupled with supportive government regulations and policies retains the interests of key players in the silicon market.

Growing Application of Aluminum Alloys Likely to Boost Silicon Metal Market

In terms of applications, silicon metals are used in solar panels, silicones and silanes, aluminum alloys, stainless steel, and laboratory reagents. A high growth rate in the global silicon market has been registered due to the increased use of aluminum alloys in transportation industry. Presence of silicon in aluminum alloys increases its thermal conductivity, castability, machinability, and corrosion resistance. Apart from the high demand in aluminum alloys and solar panels, Silicon is also used in silanes/silicones. This can be comprehended by a large scale deployment of chemicals and materials using silicon across various industries.

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Vendors Benefit from Encouraging Government Policies in APAC

Based on the geography, the global silicon market has been segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. The Asia Pacific region leads the global market by volume. The demand for silicon metal in APAC is expected to rise in the forthcoming years owing to optimistic economic growth, low power costs, feasibility, and cheap labor. Additionally, the government policies directed at augmenting the generation of energy using solar panels is likely to elevate the demand for silicon market in the region. Furthermore, the infrastructural development registered in countries such as India and China is also likely to fuel the demand for Silicon in APAC.

While North America is likely to experience moderate growth in the coming years, Latin America is anticipated to witness impressive growth in the forthcoming years owing to the rising demand for silicone-based defoamers in the food and beverages industry.

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Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Renewable energy integration with smart grid – trends & opportunities 2023

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Network of sub stations, transformers and electrical transmission lines constitutes a conventional electric grid which delivery electricity to domestic and industrial needs. Rapid industrialization and population growth resulted in peak load conditions causing failure of grid mechanism. The grid is not designed to accommodate power from various sources such as wind and solar energy. These renewable energy sources provides fluctuating power to grid and if high power is supplied results in failure. So integrating these renewable energy sources with grid operations is becoming difficult due to lack of consistency in delivering power. A need for highly reliable, compact, self-regulating smart grid system which will accommodate and adjust to fluctuating power automatically. Smart grid plays a critical role in integration of various renewable energy. Smart grid is a sum of high quality information, sensing, communication, control and technologies. If taken together results in electric power system that can efficiently integrate the job of all connected users.

Operational efficiency, optimized voltage and power quality has improved through the use smart grid systems in renewable energy integration. There are some technical, regulatory, policy, economic challenges related to smart grid usage for renewable energy integration. The main driver which favors renewable energy integration with smart grid is the rapid industrialization and population growth which demands more power without any breakdown or failure. Balancing supply and demand during surplus conditions are one of the technical challenges for this type of system. Economic challenges are returns on investments. More returns in such projects would favor more investments and vice-versa.

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The basic classification is done based on the type of renewable energy used for integration with smart grid technology such as wind, hydroelectric, biomass, geothermal, solar. This system has very low efficiency when compare to fossil fuels generation. Technological improvement and research and development activities are being looked upon to enhance the overall efficiency of this system. Wind and solar energy delivers more efficiency when compared to other renewable energy sources. Wind and solar energy integration with smart grid would deliver more overall efficiency.

North America is the leader in this segment followed by Europe and Asia. U.S. and Canada holds the largest share for renewable energy integration technologies with smart grid. Over the last seven years, Sweden has added significant grid connected wind power systems. Korea is developing in terms of adding smart grids for renewable energy deployment. Various pilot projects in Austria is under process which has significant potential for wind, solar, hydro power deployment through smart grids. California and Canada are investing on better technologies for better network distribution planning and operations for growing demand for renewable energy sources. India is integrating solar and wind energy for smart grid platform. Rapid industrialization and population growth rate requires more power, China and India are the key markets for renewable energy integration system using smart grid.

 

Companies involved in smart grid for renewable energy integration are Chevron Corporation, GE Energy Management, Echelon Corporation, Schneider Electric, Siemens AG, Viridity Energy, ZBB Corporation, ABB Limited, Power Analytics Corporation, Honeywell International, Inc., Toshiba Corporation, Pareto Energy Ltd. and others.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Pre-harvest equipment – global industry analysis 2023

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Agricultural machinery is imperative for farmers as it plays a significant role in cultivation of crops. The growth of agriculture industry has increased the demand for agricultural machinery. Agricultural mechanization improves the timeliness of operation and increases the production capacity. Pre-harvest equipment consists of agricultural equipment used for production and growth of crops. Based on types, pre-harvest equipment can be broadly classified into primary tillage equipment, secondary tillage equipment, irrigation equipment, planting equipment, and plant protection and fertilization equipment. Primary tillage equipment includes chisel plough, disc plough, moldboard Plough, rotary plough and sub soil plough among others. Secondary tillage equipment includes disc harrows, cultivators, rollers and pulverizers among others. Irrigation equipment includes emitters, filters, pumps, pipes and valves among others. Planting equipment includes air seeders, planters and seed drill transplanters among others. Plant protection and fertilizing equipment includes air blast sprayers, aerial applicators, boom sprayers, granular applicators, hand operated sprayers and motorized sprayers among others.

The global growth in population demands an increasing need for food. This is lashing farmers to use pre-harvest equipment as they help not only in improving the production efficiency, but also support large-scale production and further improve the quality of farm produce. Besides ease of use of these equipment, farmers are witnessing an increased profitability with the aid of pre-harvest equipment. These benefits are encouraging farmers to adopt equipment for agriculture, which is in turn driving the pre-harvest equipment market.

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Agricultural equipment acts as a substitute for labor. In developed countries such as the U.S., labor is extremely expensive. Thus, the use of such equipment helps farmers reduce their costs and increase profits. Furthermore, advancements in agricultural equipment such as the advent of environmental friendly equipment at low cost is proving to be beneficial for farmers. This is in turn encouraging them to use more equipment and supporting the growth of the pre-harvest equipment market. Additionally, government in countries such as India provides subsidies on purchase of farm equipment. This is encouraging farmers to buy farm equipment for farming and in turn increasing the demand for pre-harvest equipment.

Geographically, the pre-harvest equipment market is segmented into North America, Europe, Asia- Pacific, Middle-East and Africa, and Latin America. A powerful economic growth and drastic raise in population size are stimulating the growth of agricultural sector in countries such as India, China and Thailand. Owing to the increased consumption of agricultural food and growth in the agriculture machinery industry, Asia-Pacific is expected to have the highest growth rate in the forecast period.

Some of the key players are concentrating on expanding their business across potential regions such as Asia-Pacific. Additionally, they are setting up new manufacturing plants for increasing their production capacities. Furthermore, they are also broadening their product line which is providing an added impetus to the growth of the pre-harvest equipment market. Some of the leading pre-harvest equipment manufacturers are Deere & Co., Alamo Group Incorporated, Valmont Industries, Inc., CNH Global NV, Kubota Corporation, Mahindra and Mahindra Ltd., and Bucher Industries AG.

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About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Clean technology market will be billion dollar market by 2024; technological advancements & research report 2016

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Clean technologies are such type of technologies that utilizes energy, water and other inputs more efficiently and effectively. They create less toxicity and waste. High delivery and superior performance can be achieved using clean technology. Also, it improves customer profitability, by carrying out cost reduction and increases revenue. Such type of technologies are used in large number of industries, comprising water, manufacturing, energy, transportation and advanced materials. Instances of clean technologies are solar and wind energy, industrial process controls, hybrid electric vehicles and water filtration. Owing to the large number of environmental benefits, clean technology is considered to be an inherent part of a sustainable economy.

A large number of factors are behind the emergence of clean technology as an investment category that has attracted mainstream venture capital firms along with clean technology funds. In the past decade, demand for clean technologies has grown at a significant rate and has driven the growth of billion dollar markets. Such markets continue to rise at a substantial rate. The clean technology market has been driven by a merger of technological advancements resource constraints, and economic trends that positions clean technologies for sustained growth.

For instance, in the U.S. energy infrastructure has suffered for a long time owing to less investments, costing fluctuations of billions of dollars. Utilities are now looking for advanced technology solutions to upgrade the power grid. Also, in the water sector, more than one-third of the country expect water shortages in the near future, spurring investments in water treatment and recycling technologies.

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Key commodity prices have been increasing across the globe. In many cases, price volatility has been witnessed in crude oil and natural gas. Thus, producers and users of such commodities are searching for new technologies that can help in reducing waste, improving resource efficiency thereby managing risks. One of the main reasons for deploying wind energy in the US is to hedge the volatility in the price of crude oil and natural gas.

Technological advancements in various industries, such as IT and telecommunications, are finding clean technology applications comprising advanced sensors for testing the quality of water, thereby monitoring the environment. Also, it remotely monitors and controls distributed energy assets.

 

Clean Technology Market: Competitive Insight

As clean technology market is growing, numerous companies such as Honeywell and GE are increasingly turning to clean technologies to address the requirements of their businesses. Past few years have witnessed the rise of successful entrepreneurs from large number of industries who have been attracted to high growth rates in the clean technology sector. Finally, clean technology is now witnessing the emergence of entrepreneurs and executives who are aggressively working to make clean technology, the need of the hour. Also, they are running a new clean technology company in order to diversify their businesses. With the presence of trusted and proven management teams is a key success factor for venture capitalists and investors.

Concurrent with the advancements and developments, the quality and quantity of agreements in clean technology sector has increased significantly in past few years. In the last few years alone, there have been large numbers of clean technology venture capital investment transactions. A dedicated clean technology venture capital firm, Expansion Capital Partners the fund management team has reviewed over thousands deals across the entire clean technology sector. The fund managers are estimating the annual number of deals to increase at a significant rate as market continue to grow.

Some of the key companies in the business of clean technologyare Sapphire Energy Inc., Luxim Corp., Boston-Power Inc., Solyndra Inc., SeaMicro Inc., Tesla Motors Inc.,GreatPoint Energy Inc., Opower Inc., Suniva Inc., andeSolar Inc.

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Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Small Hydropower market size to exceed 145 GW by 2024:Global Market Insights Inc.

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Small Hydropower Market size by installation was 115.16 GW in 2015, as per the latest research report by Global Market Insights, Inc. Rising domestic electricity consumption demand owing to population growth coupled with need to reduce dependency on conventional energy sources may enhance global small hydropower market growth.

Rising environmental concerns pertaining to GHG emission and favorable regulatory policies to promote small hydropower in remote areas as a sustainable energy generation are promising trend to positively influence industry demand.

Asia dominated the global electricity consumption accounted at over 40% of the total demand in 2015. Availability of potential sites coupled with presence of skilled labor is forecast to favor China and India small hydropower market growth. Vietnam small hydropower market is set to gain at over 6.5% CAGR up to 2024. Dense rivers with more than 2000 streams & rivers with length of over 9 km are the favorable natural assets to build SHP plant.

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U.S. dominated the North America small hydropower market size, with installed capacity of 6.98 GW in 2015. Regulatory compliances by FERC to encourage renewable energy production accompanied by need to supply electricity in non-grid connectivity areas should positively influence market growth.

Growth in BRICS economy, and government efforts to supply electricity in remote areas. Supply issues in locations with no grid availability will open up opportunities for small hydropower plants. France is set to grow at more than 3% CAGR up to 2024. Efforts by various authorities such as European Small Hydropower Association (ESHA) to promote SHP are expected trending factor to fuel regional demand.

Africa small hydropower market share is forecast to grow at 3.9% CAGR up to 2024. The country owns immense untapped hydropower potential but government does not have enough capital to build plant itself. Foreign investment is among the key initiative to enhance industry growth.

Browse key industry insights spread across 90  pages with 33 market data tables & 10 figures from the report, “ Small Hydropower Market Size By Region (U.S., Canada, Mexico, France, Italy, Spain, Germany, Austria, China, India, Philippines, Japan, Vietnam, Nigeria, Kenya, South Africa, Brazil, Peru, Ecuador), Price Trends, Installed Capacity, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/small-hydropower-market

Line stability, high lighting intensity, load shedding, inadequate equipment to compatible with old infrastructure may hinder small hydropower industry evolution. Another challenge is the existing substation, where the plant can be interconnected owing to houses and buildings are built nearby with no provisions was made for expansion.

To build a SHP plant it is essential to have an available & sustainable water stream within few hundred feet from the energy consumers. Logistics cost owing to less connectivity with the main city are expected challenging factors.


Key insights from the report include:

  • Global small hydropower market size is forecast to reach 146.33 GW by 2024, growing at 2.7% CAGR up to 2024.
  • APAC, predominant by China, Japan, & India led the regional industry with total installations around 83.65 GW in 2015.
  • North America, dominated by the U.S. small hydropower market size, forecasts installations of more than 14 GW by 2024.
  • Europe, led by Italy is estimated to gain at 2.3% CAGR up to 2024. Rising trend to refurbish or renew existing hydro plants may positively drive regional demand.
  • Brazil dominated the South & Central America SHP demand and is set to reach 6.73 GW installations by 2024. Growing manufacturing industries accompanied by huge hydro potential site owing to Amazon river should fuel regional industry growth.
  • Global small hydropower market share is fairly competitive and primarily persuade by regulatory policies. Voith, GE, Andritz Hydro, and Siemens are few key industry participants.
  • Other prominent market players include 24H – Hydro Power, Agder Energi, Derwent, Lanco, Fortum Oyj, RusHydro, and StatKraft.

 

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Global Market Insights has segmented the small hydropower industry on the basis of region:

Small Hydropower Regional Analysis (Capacity: MW, 2014 – 2024)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Italy
    • France
    • Germany
    • Spain
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • Philippines
    • Vietnam
  • South & Central America
    • Brazil
    • Peru
    • Ecuador
  • Africa
    • Nigeria
    • Kenya
    • South Africa

 

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Plastic recycling market – major advancements in the plastic recycling technologies; global industry analysis 2023

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Applications of recycled plastics are escalating owing to the advancements in superior recycling technologies. However, at the same time, density of waste plastic is projected to increase as well. Moreover, the modern recycling technologies are generally applicable for comparatively well-defined waste streams for instance packaging waste. Packaging is called into subsistence because of the demand from manufacturers & distributors to shield their products. Generated waste plastic disposed off in different treatment facilities. Material recycling, incineration & landfills are the most common treatment facilities. Energy recovery and recycling correspond to each other.

Waste-to-energy (WTE) facilities usually pull out recyclable materials such as plastics, paper & glass prior to sending non-recyclable wastes to the WTE facility. WTE facilities in North America and Europe have shown higher total diversion rate from landfills and equally higher mechanical recycling rate. The most recycled plastic worldwide is post-consumer PET (polyethylene terephthalate), with an improved recovery infrastructure in developed nations. The second most recycled plastic globally is post-consumer polyethylene. Recycled PET and polyethylene accounted for almost 70% of total post-consumer plastics recycling.

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The plastic recycling market can be segmented based on plastic types that are produced commercially. Thermoset plastics and thermoplastic polymers are the two key groups that prominently exist in the plastic’s market. Polylactic acid (PLA) & polyhydroxyalkanoates (PHA) are the two new groups of plastics derived from corn that are being used to substitute hydrocarbon-derived thermoplastics in a range of applications. Major steps concerned with post-consumer recycling include collection, sorting, cleaning, size reduction and separation. Primary, secondary, tertiary and quaternary are the broad varieties of recycling and recovery methods, which primarily involves mechanical reprocessing into products with certain properties. Tertiary recycling is one of the biological recycling that is composed of biodegradable plastics.

The regional segmentation of plastic recycling market can be done on the basis of flows of plastic waste in terms of imports and exports. The major importers and exporters of plastic recycling market are China, the USA, the Netherlands, Belgium, Japan, Germany and the U.K, wherein China is the largest importing and an exporting country for waste plastics. Shortage of plastic raw material is one of the problems in China, and recycled plastics are important sources, to cover this need. The supply & demand of primary plastics are directly connected to the long term demand of waste plastic in China.

Availability of clean feedstock, coupled with increasing consumer demand, followed by stringent regulations is likely to bolster the market growth. . Dependable detectors & decision and recognition software are the major advancements in the plastic recycling technologies to increase the efficiency and productivity in the plastic recycling sector. Increase in the public awareness has encouraged local authorities and manufacturers for the development of products with recycled substance. The major restraint for plastic recycling market is recycling mixed plastic waste and collection of plastic recyclables. Implementation of policies to minimize environmental impacts can have a huge impact on recycling market. If the variety of materials were to be reorganized then efficiency of post-consumer packaging recycling could be considerably increased.

Some of the major players in the plastic recycling market are B & B plastics incorporation, B. Schoenberg & corporation, PARC corporation, Omni resource recovery, Custom polymers incorporation, United plastic recycling, Coll materials/nicos polymers, Maine plastics incorporation, Norwich plastics, APC recycling, NAM polymers etc.

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Municipal and industrial sludge treatment – global industry analysis 2020

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In the municipal and industrial Sludge treatment plants, the organic and inorganic particles are separated by sedimentation and the biodegradable substance are treated using biological technology, which helps in producing high grade quality of primary and secondary sludge. Sewage sludge in a plant contains less proportion of solid material with high water proportion. As a consequence a high volume of material must be managed to the final disposal with considerable costs. Sludge management is an important part of any modern municipal waste treatment plant .Nutrient of sludge need to be retained to make use of material and energy, and to dispose it efficiently and sustainably. The main objective of Sludge treatment is to dispose human and industrial waste without any danger to human health and damage to environment. Wastewater used in agriculture for irrigation is used as both disposal and utilization of wastewater. Still some treatment is provided to raw municipal wastewater before using it for landscape or agriculture use.

Municipal and Industrial wastewater undergo different treatment, the level of treatment are preliminary, primary, secondary, and tertiary and/or advanced wastewater treatment. Preliminary treatment includes screening which removes solid and grit removal which separates inorganic and heavy solids. Secondary wastewater treatment includes biological treatment which is used to remove the biodegradable material. Tertiary treatment is generally used for higher quality effluent as compared to secondary treatment. Sewage sludge is a product derived from wastewater treatment. Sludge thickening, stabilisation, sludge dewatering, sludge hygienisationand sludge drying are few practices used to treat sewage sludge. In sludge thickening the water content of sludge is reduced by increasing the dry solid content with low energy input. In stabilization the aim is to reduce the chemical and biological reaction to minimum. In sludge dewatering the dry solid sludge is increased using different equipment’s. Sludge hygienisation is a process to reduce the pathogenic bacteria content in sludge to a level which is accepted by authorities.Hygienisation depends upon sludge disposal method.

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The markets growth of countries which are heavily investing in wastewater and sludge treatment plants will see a rapid growth. These include china, Brazil and many other states who have joined hand with Europe. Sludge treatment technology including dewatering, thickening and stabilization will be the biggest opportunity for investment. Challenge addressed by developed countries for sludge management in regards to lack of basic sanitation to approximately 3 billion people has become a key focus area in many developed countries. Continuous growth in developing economy resulted in improvement of human health and safety which will lead to increase in waste sludge that need to be treated.

Increase in sludge production volume has driven the wastewater treatment industry to practice some innovative management scheme for sludge handling. the wastewater Sludge management cost contribute to 50 % of total running cost for wastewater treatment plant, optimizing the disposal and sludge treatment can lead to cost effectiveness. Increasing population globally resulted into increase in volume municipal sludge that has to be treated .the cost effectiveness of sludge management helps in increasing the market size and potential.  Strict environmental policy for operator to for treatment of sludge produce by their existing wastewater treatment plant. Increasing energy cost from external energy sources and support for renewables are the drivers for increase in biogas production in waste treatment plant. Restriction on choice of surface and crop where sludge can be used act as a restraint.

Some of the major players in the municipal and industrial sludge treatment are ADI SYSTEMS INC, Adwest Technologies, Alfa LAVAL Cambi AS, wastewater management system holding sdn.bhd, Biotain AB,Andritz separation,Strabag Umweltanlagen GmbH, Helix environmental Consultancy and many more.

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Gas turbine electrical power generation market – technological advancements, evolving industry trends and insights 2019 – 2020

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The use of gas turbines for generating electricity is a technology dating back many years. These turbines are a kind of internal combustion (IC) engine where an air fuel mixture is burnt to generate hot gases. The hot gases are then used to rotate this turbine and in turn generate electricity. Such turbines are able to combust a large variety of fuels like natural gas, fuel oil and other synthetic oils. Power generation through gas turbines still remains one of the cleanest forms of energy, with very low levels of emission.

The high quality of exhaust heat from such turbines can also be harnessed for heating purposes. Such power plants are usually employed for providing electricity grid relief and power supply during peak consumption hours. However with technological advancements these plants are now also being utilized for supplying base loads. Very fast startup times for these plants also provide opportunities for using them as backup generation for emergencies. With shale gas and coal bed methane being considered as valuable sources of energy for the future, the opportunities of this market are substantial. Certain factors like increasing cost of both oil and natural gas as well as increased drive for renewables in most nations may prove to be barriers to growth. However demand for gas or oil based generation is not likely to slow down in the near future specially in OECD countries.

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There are many ways in which such turbines can be used for generation of electricity and other forms of useful energy. Gas turbines for electricity generation may be segmented into open cycle gas turbines (OCGT) and combined cycle gas turbines (CCGT). Such turbines can also be segmented on basis of fuel consumed for generating power. The fuels that may be considered are natural gas, fuel oil, kerosene and diesel among others.

Majority of plants using theses turbines are clustered around regions where fuel to run them are abundantly available. However with global trade of oil and natural gas growing and peak demand problems becoming more acute more nations are opting for such power plants. China is emerging as the leading energy consumer of the world thus increasing the prospects of using this source of generation in the Asia Pacific region. Also contributing to installations will be Japan who have replaced nuclear generation after the Fukishima disaster with oil and natural gas generation. In the OECD countries the majority chunk of thermal generation comes from such power plants. Use of such power plants is predominant in Middle Eastern, Eurasian and North American regions. The regional segmentation for these turbines will be done as North American, Middle Eastern, Asia Pacific and rest of the world (ROW).

Some of the key players in this industry include NYE Thermodynamics Corporation, Mitsubishi Power Systems Europe Ltd., Siemens, Doosan Heavy Industries & Construction Co Ltd., and MJB International among others.

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Energy efficient agricultural technologies – global market, opportunities and forecasts 2020

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Agriculture forms an important part of a nation’s economy. Increasing use of heavy machineries and equipment to facilitate the farming practices has led to a surge in energy consumption. Energy efficiency programs developed pertaining to farming practices includes all the efforts aimed towards reducing energy consumption. Such efforts comprise the use of new energy efficient technologies and farming management practices. Governments in several countries incur heavy losses on subsidies given to the farmers for use of electricity and fossil fuels. The use of energy efficient technologies will not only reduce the energy dependence, but will also contribute towards sustainable development. By following such practices farmers would be able to slash their electricity bill as well as contribute towards the goal of reducing carbon emissions. Moreover, the rebates on purchase of energy efficient equipment by the farmers can also augment the energy efficient technologies market.

The segmentation of the energy efficient agricultural technologies market can be done on the basis of the technologies and geography. The energy efficient technologies are generally aimed towards large agricultural farms, ranches and rural small businesses with a view to make them energy efficient. Various technologies include the use of energy efficient farming equipment, vehicles and energy efficient irrigation pumps and motors. The energy efficient systems for agricultural practices can also include the use of energy efficient cooling and heating systems. Energy efficiency can also be achieved in case of farming vehicles by reducing the fuel consumption. These practices include proper tire inflation and frequent vehicle maintenance.

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North America is one of the major segments dominating the energy efficient technologies market. Government assistance by providing technical support and free energy audits for farmers is one of the major factors driving the energy efficient technologies market in North America. These practices contribute towards the rural development and food security. Asia pacific is still a developing market with a huge potential. Presence of agriculture dependent economies such as India and China makes them an ideal market for companies wanting to invest in manufacturing of energy efficient agricultural technologies. European segment is mainly driven the energy efficiency favoring policies designed by the European Union that include the rebates on purchase of energy efficiency farming equipment and technologies. The Rest of the World segment includes Middle East, Africa and Latin America. A majority of the demand for energy efficient agriculture technologies in RoW segment comes from countries such as Argentina, South Africa and Brazil.

Rural economic development, attainment of food and energy security, government support through rebates on purchase of energy efficient farming equipment and provision for technical support and free energy auditing to the farmers are the major drivers for the energy efficient agricultural technologies market. Lack of properly framed farming management programs and policies a in Asia Pacific and RoW is one of the major restraints to the energy efficient agricultural technologies market. Moreover, most of such farms are located in remote area, which makes it difficult for governments to spread the general awareness about the importance and benefits of energy efficiency.

Some of the major players in energy efficient technologies market include companies such as Deere & Company, New Holland Agriculture and Baldor Electric Company, Applied Industrial Technologies and Hansen Motors.

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Biogas upgrading market – popular trends & technological advancements to watch out for near future; global industry analysis 2020

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A new report from Transparency Market Research, titled ‘Biogas Upgrading Market – Global Industry Size, Share, Trends, Analysis And Forecasts states that the global biogas upgrading market is predicted to progress swiftly till 2018 due to the increasing use of biogas in residential and industrial applications.

Biogas offers enhanced efficiency as compared to many other renewable energy resources. Biogas is also more cost-effective as compared to many other renewable energy resources. The production of biogas is cost-effective due to the easy availability of feedstock across the globe. Biogas primarily needs bio waste, municipal waste, agricultural waste, and energy crops. Biogas is produced with the help of microbial fermentation, called as anaerobic digestion. The anaerobic digester is placed at the heart of the device and its combination with gas engine or turbines constitutes the entire power plant.

The global biogas upgrading market is segmented on the basis of region and technology. By geography, the global biogas upgrading market is divided into Europe, Asia Pacific, North America, and Rest of the World. Currently, in terms of the total number of biogas plants, Asia Pacific dominates the global biogas upgrading market. Most biogas plants in Asia Pacific are small-scale plants serving a community or single homes. As compared to America, Europe has more biogas plants and the number is predicted to increase in the years to come due to the increasing environmental concerns and the growing use of biogas. The Europe biogas upgrading market is predicted to expand swiftly in the years to come, as renewable energy is predicted to be the fastest-growing energy source in the years to come.

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The growing desire to minimize greenhouse gas emissions and strict government rules are two of the major factors expected to drive the global biogas upgrading market in the years to come. Some other factors such as price volatility and the reduction of fuel expenses are expected to contribute towards the growth of the global biogas upgrading market in the next few years. Based on technology, the global biogas upgrading market is classified into water scrubbers, pressure swing absorption systems, physical absorption, chemical absorption units, membrane systems, and units based on cryogenic technology.

Some of the prominent companies operating in the global biogas upgrading market are Acrona Systems, Carbotech, DGE GmbH, Dreyer and Bosse Kraftwerke GmbH, Guild Associates, Malmberg Water, Prometheus Energy, Xebec Adsorption, Air Liquide, Cirmac, DMT Environmental Technology, Greenlane Biogas, Kohler and Ziegler, MT Energie, Ros Roca Envirotec, and Van Der Wiel Stortgas. The entry of new companies is expected to introduce new biogas upgrading techniques in the global market.

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Wind turbine casting – emergence of advanced technologies and global industry analysis 2020

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The growing wind energy industry driven by the rise in use of renewable energy sources is likely to drive growth in the wind turbine casting market. Wind energy plays a critical role in the establishment of an environmentally sustainable low carbon economy. Wind turbine is used to convert kinetic energy of wind into electrical power. Growing consumer awareness and incentive schemes are expected to augment the global demand for wind energy. Furthermore, increased installation of wind turbine and technological advancements are likely to further boost the demand for wind turbine across the globe. Additionally, product development and lower maintenance cost of the wind turbine have fuelled an additional demand for the wind turbines. Driven by the recent advances and development, the wind industry has allowed the wind turbine casting market to grow at a significant rate. Increasing installations of wind turbines in the offshore wind application are anticipated to accelerate growth in the global wind turbine casting market.

Increased awareness towards the use of renewable energy sources and the rise in the use of wind as a viable form of energy is bolstering the demand for wind turbines. The increased demand for wind turbines a key growth driver for the global wind turbine casting market. Usually, the lifespan of wind turbine is nearly 20 years which require them to be produced or cast in order to work without interruption throughout their lifespan. The wind turbine assembly uses large-volume, thin-walled cast parts, to reduce the weight of wind turbine to a minimum. This further increases the fatigue strength of the wind turbines. Moreover, while performing casting of wind turbine, it is important to ensure that the unfinished surface area of turbine is not having any cavities. The presence of cavities in the casted part can cause a notch effect. This type of cavities are result of stripping caused by the improper application of the coatings, groves from pattern stripping, slag component adhering to the surface, and metal slag among others.

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Energy security measure and an increased focus towards green energy are encouraging countries to adopt wind technology. Huge potential of wind energy to be used for power generation, owing to their easy availability, is likely to drive growth in the wind turbine market. Furthermore, the wind turbine can be installed at a quicker rate than the other competitive mode of power generation. Emerging wind power generating countries are anticipated to drive growth in the global wind turbine casting market. The growth in the wind turbine casting market is driven by the increased demand for energy across the world. Furthermore, the ongoing race to achieve complete grid parity in the future has propelled the need to reduce the cost of energy and differentiate from competition. This has led to an increased demand for renewable energy technologies and thus for the wind turbine casting market. However, supply chain constraints may hamper the growth in the global wind turbine casting market.

 

Investments in wind technologies in countries such as the U.S., India, China, UK, Spain, France, and Germany among others are anticipated to propel growth in the global wind turbine casting market. Asia Pacific market is likely to play a key role in the growth of the wind turbine casting market. China leads the wind energy market with highest installations and is further likely to play a key role in the development of the wind turbine casting market. Growth in the Indian wind turbine is however uncertain due the policy constraints. However, the U.S. market is likely to experience supply chain difficulties, as they import casting largely from China which leads to long lead times, high freight and handling fees, and slow supplier responses. Albeit, growth potential for the wind turbine casting market in Asia Pacific is likely to provide ample opportunities of growth in the market.

Some of the key players in the global wind turbine casting market include DHI•DCW Group Co.,Ltd., Eisengießerei Torgelow GmbH, Ningbo Riyue, Patel Alloys, Seforge, Vestas, and Wuxi Qiaolin.

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Natural gas vehicles market to be driven by increasing utilization of eco-friendly vehicular fuels

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Transparency Market Research presents a research report on the global natural gas vehicles market for the 2015-2023 period. The report, titled “Natural Gas Vehicles Market – Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2023,” analyzes the various facets of sustainability of natural gas vehicular fuels in the long run. The report presents development trends and technological advancements that will have a bearing on this market during the forecast period.

That dependence on fossil fuels and crude oil for energy needs is not environmentally sustainable is well recognized. As such, the need to use clean, inexpensive, and natural fuels available in abundance is the need of the times. Natural gas is a clean substitute for conventional fuels such as diesel or gasoline and is also eco-friendly and low in cost. Compressed natural gas (CNG) or liquefied natural gas (LNG) are produced from natural gas and offer several economic, environmental, and policy benefits over other fossil fuels.

Vehicles that run on natural gas fuels are environmentally and economically sustainable. Government incentives and unparalleled industry investments for natural gas vehicles have spurred the demand for natural gas and available services. This is because emissions from natural gas vehicles are less polluting as compared to those released from gasoline and diesel vehicles. For instance, the U.S. environmental protection agency (EPA) has recognized the Honda Civic to be the cleanest commercially available vehicle in terms of emissions.

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On the other hand, natural gas vehicles are more expensive than conventional-fuel-powered vehicles. These vehicles are equipped with high-pressure insulated fuel tanks that can store LNG or CNG, the high cost of the tanks are the reasons for the high price of these vehicles.

Nevertheless, fuel savings make for significant savings over the vehicle’s lifespan. In particular, this results in huge savings for heavy-duty and high-mileage fleets in as little as 1-1.5 years, owing to the large quantity of fuels that these vehicles consume. With the decreasing cost of natural gas fuel tanks, light-duty passenger natural gas vehicles will cost less and will also enjoy a shorter payback period.

Due to these benefits, the trend of converting a conventional fuel vehicle into a natural gas vehicle is on the rise; this provides a huge opportunity for cutting fuel costs and recompensing for the conversion in a relatively short time.

Top players in the global natural gas vehicles market are Honda Motor Company Ltd., AB Volvo, Volkswagen AG, Renault SA, General Motors Company, Isuzu Motors Ltd., Caterpillar Inc., Ford Motor Company, Suzuki Motor Corporation Ltd., and Toyota Motor Corporation, among others.

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Growing focus on offshore wind energy casts shadow over growth of onshore wind energy projects

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The Paris Climate Conference in December last year brought together 195 countries to chalk out an action plan to limit global warming. The first-ever, legally binding global climate deal has aided the growth of the global onshore wind energy market. The market is anticipated to take a leap at a CAGR of 25% during the period between 2011 and 2016, and reach a valuation of US$93.1 bn by the end of 2016. This wind energy cumulative capacity accounted for 197,039 MW in 2010 and is projected to rise to 1,750,000 MW by 2030.

Onshore wind energy projects have gained confidence of investors owing to the low risk of technology failure. The growing focus on renewable sources of energy and the usage of wind energy to generate electricity at grid parity levels have led to increased investments in onshore as well as offshore wind energy projects. Furthermore, these projects have significantly supported the growth of the wind turbine market worldwide. The steady growth of the wind energy and wind turbine market can be attributed to the advancements in the modern wind technology.

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How is the global onshore wind energy market evolving compared to its offshore counterpart?

In the global wind energy market, the onshore technology accounts for 95% of the market whereas the offshore technology registers a mere 5% market share. However, in the coming years, the offshore wind energy market is anticipated to surpass the growth of the onshore wind energy market. Higher wind speed at offshore wind energy projects generate more electricity and are hence, preferred by governments across nations. The current low market share of the offshore wind technology can be attributed to the high O&M costs. The low tolerance of noise, coupled with bad visual impact of onshore wind turbines has led to the increased preference for offshore wind turbines.

Which are the key regions aiding the growth of the global onshore wind energy market?

In 2010, the U.S. emerged as the largest market for onshore wind energy, followed by Germany and China. The “Smart from the Start” initiative by the U.S. Department of Interior has supported a number of wind power projects. In the near future, China is anticipated to surpass the U.S. as the market leader for onshore wind energy. Prior to 2010, Europe was the largest region in the global onshore wind energy market. The region is still lucrative for the market players with countries such as Germany and Denmark actively investing in onshore wind energy projects. Recently, Siemens has been chosen as a partner to supply wind turbines for the Naundorf onshore wind power plant in Germany. The U.K., too, is focusing on onshore wind energy projects; the recent MoU between CS Wind U.K. and Vattenfall is expected to boost the onshore wind projects in the country.

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Demand for water treatment chemicals to surge as developing nations step up efforts to check water pollution

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The demand for water treatment chemicals and technologies is anticipated to rise significantly with the rise in acute water scarcity across the globe. Industrial effluents released into water bodies have resulted to the lack of potable water. The global water treatment chemicals and technology market is anticipated to expand at a CAGR of 3.8% during the period between 2013 and 2018. The overall market stood at a valuation of US$115.80 bn in 2012 and is projected to be worth US$149.89 bn by the end of 2018.

What are the key factors impacting the growth of the global water treatment chemicals market?

Depletion in fresh water reserves worldwide has led to increasing regulatory pressure for industrial and domestic wastewater effluent treatment. The growing demand for water treatment from the emerging economies facing rapid industrialization has significantly supported the growth of the global water treatment chemicals and technology market. The market is anticipated to expand further in the coming years with governments across nations launching new initiatives for cleaning rivers and restricting the release of untreated waste water.

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Which are the key product segments reaping benefits for the players in the global water treatment chemicals and technology market?

On the basis of chemicals, the global water treatment chemicals and technology market has been segmented into anti-foamants and defoamers, corrosion and scale inhibitors, biocides, coagulants and flocculants, activated carbon, and other chemicals. Corrosion and scale inhibitors drive the demand from the market. In terms of membrane systems, the market has been broadly categorized into electrodialysis, reverse osmosis, ultrafiltration, microfiltration, gas separation, and other systems. The market players are focusing on membrane systems as the demand for microfiltration and reverse osmosis is anticipated to surge in the near future.

Which are the key regions holding potential for the growth of the global water treatment chemicals and technology market?

Asia Pacific is one of the major regions holding immense opportunities for the growth of the global water treatment chemicals and technology market. The region is anticipated to register the fastest growth during the period between 2013 and 2018. The rapid growth of this region can be attributed to the increase in water pollution across the emerging economies such as India and China. Industrialization and urbanization have led to environmental pollution across these countries, thereby resulting to shortage of drinking water.

In India, wastewater from industries is released into river bodies such as the Ganges. The Indian government has launched an ambitious US$3 bn plan to rejuvenate the 2,500 kilometres long Ganges. This has created ample opportunities for the key players in the global water treatment chemicals and technology market. In China too, the government is stressing on water treatment with about 60% of underground water being unfit for human consumption.

In 2011, North America was the leading market for water treatment chemicals. According to the U.S. Environmental Protection Agency, about 16.4 mn pounds of toxic chemicals were released by 280 federally regulated facilities in 2014. Stringent environmental regulations in the region are expected to aid the growth of the water treatment chemicals market.

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Hybrid power systems market – new research report predicts surge in upcoming hybrid power projects; global industry analysis 2016 – 2024

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The global revenue generated by the hybrid power systems market is anticipated to rise from US$411.7 mn in 2015 to US$703.5 mn by 2024 at a 6.1% CAGR therein. By type, wind-solar-diesel hybrid power systems held the dominant share of over 45% in 2014 and this segment is likely to retain its lead throughout the forecast period. The others segment, comprising wind-hydro-diesel hybrid, solar thermal, and hybrid-solar biomass, is projected to expand at the fastest pace from 2016 to 2024.

“Only a fraction of companies in the renewable power industry are presently involved in the generation of power via hybrid power systems for rural electrification,” the analyst states. “However, an increasing number of upcoming power projects across the globe is likely to spur the demand for hybrid power systems.”

The technology-driven hybrid power systems market is characterized by high initial investments and low switching costs. The abundant availability of component manufacturers as well as numerous government incentives have fueled the demand for and adoption of hybrid power systems across developing economies. The lack of grid connectivity in remote and rural areas and its sheer unreliability has boosted the installation of these power systems in recent years.

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The global hybrid power systems is composed of a handful of major players who have already established a strong foothold in the market thanks to their increased focus on innovation and technology. Fueled by the combined efforts of these companies, the hybrid power systems market is expected to develop at a CAGR of 6.1% between 2016 and 2024, with its valuation increasing from US$411.79 mn in 2015 to US$703.55 mn by 2024.

Wind-solar-diesel Hybrid Power Systems to Maintain Lead through 2024

Hybrid power systems combine renewable energy sources such as wind and solar and energy produced by conventional means such as diesel generators. By type, hybrid power systems include wind-solar-diesel hybrid, PV-diesel hybrid, and others such as wind-hydro-diesel hybrid, solar thermal, and hybrid-solar biomass. In 2015, wind-solar-diesel hybrid power systems dominated the overall market and although this segment is predicted to lose a slight share in the market by the end of the forecast period, it will retain its dominance over other segments. Over the past few years, wind-solar-diesel hybrid systems for rural electrification have been enormously developed by various stakeholders across developing countries such as Indonesia, India, China, and South Africa.

Government Mandates on Rural Electrification Gives Africa Market a Boost

The global market for hybrid power systems has been geographically segmented into North America, South and Central America, Asia Pacific, the Middle East and Africa, and Europe. Asia Pacific held the largest share in the global in 2015 and is projected to continue its dominance throughout the forecast period. Players in Asia Pacific can avoid transmission costs by setting up hybrid power systems as standalone mini-grids. The integration of renewable energy production with the electricity mix also reduces the cost of transporting fuel to remote areas in the region. Japan is the leading contributor in the APAC hybrid power systems market, with the surge in utility-scale and commercial projects expected to drive demand in the coming years. Over the past few years, the country has witnessed a rapid increase in the number of companies registering to sell retail power. This has further driven the hybrid power systems market in Japan.

The Middle East and Africa region is the second largest market for hybrid power systems, fueled mainly by the rapid progress in South Africa. The mandatory implementation of the national policy on rural electrification across national electricity companies, regulatory agencies and commissions, rural electrification funds, and rural electrification agencies across Africa has served as a major driving force. In addition to this, the World Bank and the Asian Development Bank (ADB) in Africa fund various hybrid power projects for the implementation of PV arrays in existing diesel power plants.

This review is based on the findings of a TMR report titled “Hybrid Power Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2024.”

Global Hybrid Power Systems Market: Type Analysis

  • Wind-Solar-Diesel-Hybrid
  • PV-Diesel-Hybrid
  • Others

Global Hybrid Power Systems Market: End-Use Analysis

  • Residential
  • Rural Facility Electrification
  • Others

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Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Implementation of zero net energy buildings policy to increase adoption of building applied photovoltaics systems

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The rising awareness about reduction in carbon footprints across nations has led to the paradigm shift in the generation of electricity from conventional to renewable sources. The low cost of electricity generation through building applied photovoltaics has encouraged governments to offer attractive Feed in Tariff (FiT) rates and incentive schemes. The global building applied photovoltaics market witnessed annual installations worth 313.4 MW in 2013 and is anticipated to reach to 716.7 MW by 2020, expanding at a CAGR of 12.6% during the period between 2013 and 2020.

How is the Emerging Net Zero Energy Building (ZEB) Policy Defining the future of the global building applied photovoltaics market?

It is estimated that commercial and residential buildings account for about 75% of the total energy used across cities. According to the United Nations, about 2.5 bn people are anticipated to join the global urban population by 2050. The net zero energy building policy outlines that the total amount of energy used by a residential/commercial building in a year need to be equivalent to the amount of renewable energy generated at the location. The policy has led to an increase in the sales of rooftop and facades as a large number of building owners are relying on renewable energy while producing as much energy as they use. Furthermore, in the U.S., some of the cities have implemented benchmarking and disclosure laws that mandate building owners to disclose their buildings’ annual energy usage to the local governments. Such policies are expected to pave way for the positive growth of the global building applied photovoltaics market.

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Which are the key regions that hold significant potential for the growth of the global building applied photovoltaics market?

North America and Europe have been the leading markets for building applied photovoltaics. In 2013, both these regions held the majority of the market. In North America, efforts such as SunShot initiative launched by the U.S. Department of Energy have been instrumental in the growth of the market. The SunShot initiative offers financial aids to the research and development activities associated with improving reliability and efficiency, and lowering manufacturing costs to make solar electricity cost-competitive by 2020. The success of the building applied photovoltaics market in Europe can be attributed to the stringent environmental regulations across the European Union nations.

However, in the near future, Asia Pacific is anticipated to emerge as the largest market for building applied photovoltaics owing to the rapid economic growth across many countries such as China. The high cost of building applied photovoltaics systems is one of the major hiccups in the adoption of these systems across Asia Pacific. However, the ongoing business development and commercial expansion in this region will support the growth of the market.

 

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Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Bio based PET market size over $13 billion by 2023: Global Market Insights Inc.

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Bio based Polyethylene Terephthalate (PET) Market size was 496.0 kilo tons in 2015, as per the latest research report by Global Market Insights, Inc. Growing concerns towards GHG emissions coupled with bioplastics emergence as an alternative in packaging and automotive industry may stimulate global bio based PET market size.

Global biobased PET market size may generate USD 13.1 billion by 2023. Increasing importance of sustainable packaging, especially in China and India, may positively influence bio based polyethylene market size growth. Key Industry participants, The Coca-Cola Company and Toray, have formed strategic partnerships with bio based product manufacturers such as Gevo and Virent, for the development 100% bio PET.

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Coca-Cola, H.J. Heinz, Nike, Procter & Gamble and Ford Motor have collaborated Plant PET Technology Collaborative (PTC) for 100% bio polyethylene terephthalate production acceleration intended for apparels, technical seat trims, plastic bottles, floor carpets and footwear.

APAC bio PET marker size, led by China & India, was dominant and accounted for over 32.5% of the overall demand in 2015. Growing CSD (carbonated soft drinks) & alcohol beverage demand in China and India have resulted in increased scope for packaging.

Australian government formed (APC) The Australian Packaging Covenant for sustainable packaging promotion which may favor on bio-based PET market growth. The Japanese government has set a target of 20% bioplastics production in the plastics market by 2020, which may favor bio based polyethylene terephthalate market growth over the next several years.

Browse key industry insights spread across 64  pages with 40 market data tables & 17 figures from the report, “ Bio Based Polyethylene Terephthalate (PET) Market Size By Application (Consumer Goods, Technical, Bottles), Industry Analysis Report, Regional Outlook, Downstream Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/bio-based-PET-market

Bio polyethylene terephthalate weighs lower in comparison to their fossil fuel counterparts, which helps its use in exterior and interior automotive parts. AT&T, Nissan and Toyota Motors have announced plans to use bioplastics in their products, which may positively influence bio PET market growth in technical applications.

Key raw material, sugarcane, is used for MEG manufacturing. Sugarcane is majorly used for sugar and bio ethanol production and may fall short as feedstock for MEG production. This may hamper product supply and affect bio based PET market price trend.

Petrochemical derived polyethylene terephthalate are showcasing stiff competition to bio based counter parts with decrease in crude oil prices, However, bio based polyethylene terephthalate prices are expected to compete with petrochemical derived counterparts with correction in crude oil prices and capacity expansion on bio based polyethylene terephthalate.
Key insights from the report include:

  • Global bio PET market size may attain 44.2% CAGR up to 2023 and reach 6.74 million tons by 2023. Europe, with food & beverage industry growth in Germany, France & UK, is set to gain significant growth rates and register over USD 2.8 billion by 2023.
  • Europe bottling applications are forecast to grow at over 37% CAGR in revenue terms and register over USD 2.3 billion by 2023.
  • North America technical application occupied a small chunk of the share may register over USD 235 million by 2023 with expected gains at above 36% CAGR.
  • Latin America, with Brazil contributing to regional demand, may witness significant growth rates at over 46.5% CAGR up to 2023. Latin America bottling applications may register over USD 1.5 billion by 2023.
  • Global biobased PET market share is competitive with limited industry participants dominating production. Key industry participants include Teijin Limited, Toray Industries, Coca Cola, Toyota Tsusho, Plastipak holdings and M&G chemicals. Gevo, Anellotech, and Virent are some key raw material suppliers and have invested for bio PTA production for 100% bio polyethylene terephthalate manufacturing.

 

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Global Market Insights has segmented the biobased PET industry on the basis of application and region:

Bio based polyethylene terephthalate (PET) Market Application Analysis (Volume: Kilo Tons, Revenue: USD Billion, 2012 – 2023)    

  • Consumer goods
  • Technical
  • Bottles
  • Others

Bio based polyethylene terephthalate (PET) Market Regional Analysis (Volume: Kilo Tons, Revenue: USD Billion, 2012 – 2023)

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East & Africa (MEA)

 

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About Global Market Insights

 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Source: Global Market Insights, Inc.

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