Tuesday, April 19, 2022

Cryogenic Equipment Market to Hit $17.4 Billion by 2027 at a CAGR of 6.8% From 2022 to 2027

 According to the new market research report "Cryogenic Equipment Market by Equipment (Tanks, Valves, Vaporizers, Pumps), Cryogen (Nitrogen, Argon, Oxygen, LNG, Hydrogen), End-User (Energy, Chemicals, Metallurgy, Transportation), System Type (Storage, Handling, Supply) & Region - Global forecast to 2027", published by MarketsandMarkets™,  the global Cryogenic Equipment Market is projected to reach USD 17.4 billion by 2027 from an estimated market size of USD 12.5 billion in 2022, at a CAGR of 6.8% during the forecast period. The factors driving the growth for Cryogenic Equipment Market are high demand for industrial gases from metallurgy, and energy & power industries and growing demand for cryogenic equipment across entire LNG value chain.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=735

Tank: The largest segment of the Cryogenic Equipment Market, by equipment

The Cryogenic Equipment Market, by equipment, is segmented into tanks, valves, vaporizers, pumps and others. Other equipment include pipes, regulators, freezers, dewar, strainers, samplers, heat exchangers, leak detection equipment, dispensers, and accessories (manifolds, fittings, vacuum jacketed/insulated piping, hoses, connections. Increasing LNG production and high demand for industrial gases is expected to drive the equipment segment, which consequently increases the demand for cryogenic equipment.

Browse in-depth TOC on "Cryogenic Equipment Market"

231 – Tables

54 – Figures  

247 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/cryogenic-equipment-market-735.html 

The LNG segment is expected to be the most significant Cryogenic Equipment Market, by cryogen

The Cryogenic Equipment Market, by cryogen, is segmented into nitrogen, argon, oxygen, LNG, hydrogen, and others. Other cryogenic gases include helium, nitrous oxide, ethylene, and carbon dioxide. Rising demand for hydrogen fuel cells and cleaner energy is expected to drive the cryogen segment of the Cryogenic Equipment Market during the forecast period.

Cryogenic Equipment Market

 

Asia Pacific is expected to dominate the global Cryogenic Equipment Market

The Asia Pacific region is estimated to be the largest market for the Cryogenic Equipment Market, followed by north America. The Asia Pacific region is projected to be the fastest-growing market during the forecast period. The growth of the North American Cryogenic Equipment Market is expected to be driven by increasing E&P activities concerned with clean energy revolution.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=735

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Cryogenic Equipment Market. These players include Linde plc (Ireland), Air Liquide (France), Air Products Inc (US), Chart Industries (Georgia) and PARKER HANNIFIN CORP (US).

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Wednesday, April 13, 2022

Water Desalination Equipment Market Demand, Growth, Business Opportunities, Trends Analysis and Forecast to 2026

New Revenue Pockets:

The global water desalination equipment market is expected to grow at a CAGR of 9.5%, from 2021 to 2026. It is estimated to be USD 7.1 billion in 2021 and is projected to reach USD 11.2 billion by 2026. The factors driving the growth for water desalination equipment are water scarcity and depletion of freshwater sources across the globe and rapid urbanization and industrialization in developing economies.

Key Market Players:

The major players in the water desalination equipment market are Suez Water Technologies & Solutions (US), Veolia Water Technologies (France), DuPont (US), LG Chem (Korea), Toray Industries, Inc. (Japan), Sulzer (Switzerland) and Wärtsilä (Finland).

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=361

The water desalination equipment market, by technology, is segmented reverse osmosis (RO), multi-stage flash distillation (MSF), multiple-effect distillation (MED), and others. The reverse osmosis segment is estimated to have the largest market share and is expected to grow at the highest rate during the forecast period. The technology is popular in developing countries due to its simple design and operation, as well as low cost. The demand for RO technology is expected to grow in the coming years owing to its low installation cost, easy processing, ability to treat all types of feed water, and minimal use of chemicals.

Water Desalination Equipment Market Interconnection
Water Desalination Equipment Market Interconnection

The water desalination equipment market, by application, is segmented into municipal, industrial, and others. The municipal segment holds the largest share in the water desalination equipment market, followed by industrial. The growth in population, migration of people from rural to urban regions, scarcity of consumable water, and depletion of freshwater sources across the globe have surged the need for desalinated water. This has encouraged the governments of developing economies to invest in the water treatment sector to enhance their capabilities related to providing potable water and accommodate the increasing demand. These factors are likely to fuel the adoption of desalination equipment in the municipal segment.

The water desalination equipment market, by product, is segmented into membranes, pumps, evaporators, and others, which includes pressure vessels, energy recovery devices, and chemicals. The membranes segment accounted for a 28.4% share of the water desalination equipment market in 2020. The characteristic of the membranes to have high permeability to water and impermeability to dissolved salts and particulate matter has made them ideal for use in municipal applications. Furthermore, various technological advancements have enabled membrane providers to manufacture RO membranes for certain industries explicitly. This has led to an increase in the adoption of RO desalination technology in industrial applications.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=361

The Middle East & Africa region is estimated to be the largest market for the water desalination equipment, followed by APAC. The APAC region is also projected to be the fastest-growing market during the forecast period. Government initiatives towards the increased investment in water & wastewater management sectors, owing to the limited availability of consumable water and the rapidly increasing population are the factors driving the water desalination equipment market in the Middle East & Africa region.

Friday, April 8, 2022

Artificial Photosynthesis Market Growing with Healthy CAGR by 2030

 According to the new market research report "Artificial Photosynthesis Market by Application (Hydrocarbon, Hydrogen, Chemicals), Technology (Co-Electrolysis, Photo-Electro Catalysis, Nanotechnology, Hybrid Process), Region (North America, APAC, Europe, Rest of World) - Global Forecast to 2030", published by MarketsandMarkets™, the Artificial Photosynthesis Market size will grow to USD 185 Million by 2030 from USD 62 Million in 2022, at a CAGR of 14.6% during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94334557

The global Artificial Photosynthesis Market is driven by the Government fundings and grants for the research and development of artificial photosynthesis technology; global plans for net zero emissions. Growing demand of green H2 and eco-friendly liquid fuels are expected to offer lucrative opportunities for the Artificial Photosynthesis Market during the forecast period. Asia Pacific is expected to hold the largest share of global Artificial Photosynthesis Market between 2022–2030. The region has been segmented, by country, into Japan, China, India, and South Korea. The region faces a tough challenge to reduce its carbon footprint from various fossil-fuel-powered operations, including power generation. Asia Pacific is one of the leading markets that has adopted green technologies to meet the targets set by the governments for reducing greenhouse gas emissions. Furthermore, countries such as Japan and South Korea are increasing their investments in innovative energy & fuel generation technologies, such as fuel cells, carbon recycling, and others.


 

Asia Pacific is expected to hold the largest share of global Artificial Photosynthesis Market, during the forecast period

Asia Pacific accounted for a 48.3% share of the Artificial Photosynthesis Market in 2021 and is expected to growth with a CAGR of 15.0% in the forecast period. The region has been segmented, by country, into Japan, China, India, and South Korea. The region faces a tough challenge to reduce its carbon footprint from various fossil-fuel-powered operations, including power generation. Asia Pacific is one of the leading markets that has adopted green technologies to meet the targets set by the governments for reducing greenhouse gas emissions. Furthermore, countries such as Japan and South Korea are increasing their investments in innovative energy & fuel generation technologies, such as fuel cells, carbon recycling, and others

Browse in-depth TOC on "Artificial Photosynthesis Market"
68 – Tables
22 – Figures 
108 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/artificial-photosynthesis-market-94334557.html 

North America is expected to be the fastest growing region of global Artificial Photosynthesis Market, during the forecast period

North America accounted for a 34.9% share of the Artificial Photosynthesis Market in 2021 and is expected to witness a CAGR of 15.8% during the forecast period. The regional market is driven by the presence of supportive policies and incentives in the US for sustainable development projects. The rise in demand for uninterrupted power supply in the region will also boost the market growth during the forecast period. This has encouraged the use of clean fuels, such as hydrogen, for various energy requirements. For instance, in the US, the Hydrogen and Fuel Cell Technical Advisory Committee (HTAC) was established under Section 807 of the Energy Policy Act of 2005 to provide technical and programmatic advice to the Energy Secretary on the Department of Energy's (DOE) hydrogen research. The availability of research grants from the US Department of Energy (DOE) has fueled research activities for an energy-efficient system in the country, this is expected to drive the research activities related to artificial photosynthesis in the region

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=94334557 

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top manufacturers in the Artificial Photosynthesis Market. These players include Panasonic Corporation (Japan), FUJITSU (Japan), and ENGIE (France).

Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting

Browse Related Reports:

Power-to-gas Market by technology (Electrolysis and Methanation), Capacity (Less than 100 kW, 100–999kW, 1000 kW and Above), End-User (Commercial, Utilities, and Industrial), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2024 https://www.marketsandmarkets.com/Market-Reports/power-to-gas-market-200568452.html 

Hydrogen Generation Market by Application (Petroleum Refinery, Ammonia & Methanol production, Transportation, Power Generation), Generation & Delivery Mode (Captive, Merchant), Source (Blue, Green & Grey Hydrogen), Technology, and Region-Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/hydrogen-generation-market-494.html 

Solid Oxide Fuel Cell Market by Type (Planar & Tubular), Application (Portable, Stationary, & Transport), End User (Commercial & Industrial, Data Centers, Military & Defense, and Residential) and Region - Global Forecasts to 2027
https://www.marketsandmarkets.com/Market-Reports/solid-oxide-fuel-cell-market-39365796.html 

Fuel Cells Market by Type (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, Alkaline Fuel Cell, Microbial Fuel Cell), Application (Transport, Stationary, Portable), End-User, Region - Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/fuel-cell-market-348.html 

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Hydrogen Energy Storage Market Projections: Europe in Focus

Hydrogen Energy Storage Market – Europe Market Scenario According to a latest research, The global hydrogen energy storage market is es...