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mmarketdbmr · 12 days ago

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Low Warming Potential (GWP) Refrigerants Market – Industry Trends and Forecast to 2030 Companies: Growth, Share, Value, Analysis, and Trends

Low Warming Potential (GWP) Refrigerants Market Size And Forecast by 2030

According to Data Bridge Market Research Data Bridge Market Research analyses that the Global Low Global Warming Potential (GWP) Refrigerants Market which was USD 24.56 Billion in 2022 is expected to reach USD 63.94 Billion by 2030 and is expected to undergo a CAGR of 12.70% during the forecast period of 2022 to 2030

Our comprehensive Low Warming Potential (GWP) Refrigerants Market report is ready with the latest trends, growth opportunities, and strategic analysis. https://www.databridgemarketresearch.com/reports/global-low-gwp-refrigerants-market

**Segments**

- By Type: - Natural Refrigerants - Hydrocarbons - Fluorocarbons - Inorganics

- By Application: - Air Conditioning - Refrigeration - Heat Pumps - Others

- By End-User: - Residential - Commercial - Industrial

- By Region: - North America - Europe - Asia Pacific - Latin America - Middle East and Africa

The low GWP refrigerants market can be segmented based on type, application, end-user, and region. In terms of type, natural refrigerants, hydrocarbons, fluorocarbons, and inorganics are the key segments. While in terms of application, the market includes air conditioning, refrigeration, heat pumps, and other applications. Furthermore, the end-user segment consists of residential, commercial, and industrial sectors. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa regions.

**Market Players**

- Honeywell International Inc. - The Chemours Company - Arkema SA - Daikin Industries Ltd. - Linde plc - SRF Limited - Aspen Refrigerants, Inc. - A-Gas - Puyang Zhongwei Fine Chemical Co., Ltd. - Harp International Ltd.

Key players in the low GWP refrigerants market include Honeywell International Inc., The Chemours Company, Arkema SA, Daikin Industries Ltd., Linde plc, SRF Limited, Aspen Refrigerants, Inc., A-Gas, Puyang Zhongwei Fine Chemical Co., Ltd., and Harp International Ltd. These market players are focusing on research and development activities to introduce new and innovative refrigerant solutions with lower global warming potential, thus contributing to the market growth.

https://www.databridgemarketresearch.com/reports/global-low-gwp-refrigerants-market The global low GWP refrigerants market is witnessing significant growth due to the increasing environmental concerns and strict regulations imposed on the use of high global warming potential refrigerants. The market is driven by the rising demand for energy-efficient and eco-friendly cooling solutions across various end-user industries such as residential, commercial, and industrial sectors. Natural refrigerants are gaining traction in the market due to their low environmental impact and excellent thermodynamic properties. Hydrocarbons, on the other hand, are being increasingly adopted as they have zero ODP (Ozone Depletion Potential) and low GWP characteristics.

In terms of applications, the air conditioning segment dominates the market share as there is a growing need for cooling solutions in commercial and residential buildings. Refrigeration applications are also significant contributors to the market revenue, driven by the expanding food and beverage industry globally. Heat pumps are seeing increased adoption in residential and industrial sectors for heating and cooling purposes, further fueling the demand for low GWP refrigerants. Other applications such as chillers and heat exchangers are also creating opportunities for market growth.

The market players, including Honeywell International Inc., The Chemours Company, and Daikin Industries Ltd., are focusing on strategic initiatives such as partnerships, collaborations, and product innovations to strengthen their market presence. For instance, companies are investing in the development of next-generation refrigerants that offer superior performance while minimizing environmental impact. The emphasis on research and development activities is aimed at enhancing the efficiency and safety of refrigerants while ensuring compliance with regulatory standards.

North America and Europe are mature markets for low GWP refrigerants, driven by stringent regulations aimed at phasing out high GWP refrigerants such as hydrofluorocarbons (HFCs). The Asia Pacific region is witnessing significant growth in the market, attributed to rapid industrialization, urbanization, and increasing awareness about environmental sustainability. Latin America and the Middle East and Africa regions are also showing potential for market expansion, driven by the growing demand for sustainable cooling solutions in various industries.

Overall, the global low GWP refrigerants market is poised for robust growth in the coming years, driven by the increasing awareness about climate change, sustainability goals, and the shift towards environmentally friendly refrigerant solutions. The market players' focus on innovation and collaborations will play a key role in shaping the market landscape and meeting the evolving needs of consumers across different regions.The global low GWP refrigerants market is witnessing dynamic growth fueled by environmental concerns and regulatory pressure to phase out high global warming potential refrigerants. Market segmentation plays a crucial role in understanding the diverse landscape of the industry. The categorization of refrigerants into natural refrigerants, hydrocarbons, fluorocarbons, and inorganics allows for a strategic analysis of the market based on their properties and environmental impact. Similarly, segmenting by applications such as air conditioning, refrigeration, heat pumps, and other uses provides insights into the specific demands of different end-user industries.

The end-user segmentation into residential, commercial, and industrial sectors highlights the varying needs for low GWP refrigerants across different settings. Residential sectors prioritize energy efficiency and eco-friendliness in cooling solutions, while the commercial sector, with its emphasis on cost-effectiveness and performance, drives the demand for innovative refrigerant solutions. The industrial sector, on the other hand, requires refrigerants that can meet the rigorous demands of critical industrial processes while maintaining environmental sustainability.

Geographically, the market segmentation into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa regions showcases the global footprint of the low GWP refrigerants market. Different regions exhibit varying levels of market maturity, regulatory landscape, and consumer awareness regarding sustainable refrigerant solutions. North America and Europe, being mature markets, are characterized by stringent regulations and high adoption rates of low GWP refrigerants. In contrast, the Asia Pacific region is experiencing rapid growth driven by industrialization, urbanization, and a shifting focus towards environmental sustainability.

Market players such as Honeywell International Inc., The Chemours Company, and Daikin Industries Ltd. are pivotal in driving innovation and market growth. Through strategic initiatives like partnerships, collaborations, and continuous research and development, these key players are developing advanced refrigerant solutions that meet both performance and environmental criteria. The emphasis on collaboration and innovation reflects the industry's commitment to providing sustainable cooling solutions in line with global climate goals.

In conclusion, the global low GWP refrigerants market is on a trajectory of strong growth driven by environmental awareness, regulatory mandates, and consumer preferences for sustainable cooling solutions. Market players' focus on innovation, partnerships, and product development will continue to shape the market dynamics and address the evolving needs of consumers across different regions. The market segmentation provides a comprehensive framework for analyzing the industry trends, opportunities, and challenges, paving the way for a sustainable and eco-friendly future in refrigeration and cooling technologies.**Segments**

Global Low Global Warming Potential (GWP) Refrigerants Market, By Refrigerant Type: - Inorganics - Carbon Dioxide - Ammonia - Hydrocarbons - Propane - Propene (Propylene) - Isobutene - Hydrofluoroolefins (HFOs) - Others

End Use: - Commercial Refrigeration - Domestic Refrigeration - Industrial Refrigeration - Automotive - Food Processing - HVAC - Others

Application: - Refrigeration - Air Conditioning - Chillers

The global low GWP refrigerants market exhibits a diverse landscape based on various segments. The refrigerant types include inorganics, carbon dioxide, ammonia, hydrocarbons, propane, propene, isobutene, hydrofluoroolefins (HFOs), and other variants. These different refrigerant types cater to a wide range of applications across commercial refrigeration, domestic refrigeration, industrial refrigeration, automotive, food processing, HVAC, and other sectors. In terms of applications, the market covers refrigeration, air conditioning, and chillers, each serving distinct purposes across different industries.

**Market Players**

- Arkema (France) - Dongyue Group Co. Ltd. (China) - Honeywell International Inc. (U.S.) - The Chemours Company (U.S.) - Linde Plc (Ireland) - Air Liquide (France) - Sinochem Lantian Co. Ltd. (China) - Daikin Industries Ltd. (Japan) - Mexichem (Mexico) - AGC Inc (Japan) - Gas Servei (Spain) - Gujarat Fluorochemicals Ltd. (India) - Quimobasicos (Mexico) - Zhejiang Fotech International Co. Ltd. (China) - Tazzetti S.p.A. (Italy) - SRF Limited (India) - Changshu Sanaifu Zhonghao Chemical New Material Co., Ltd (China) - Shandong Yuhuang Chemical Group Co., Ltd (China)

Market players in the low GWP refrigerants sector include a mix of international and regional companies such as Arkema, Dongyue Group, Honeywell International, The Chemours Company, Linde Plc, Air Liquide, Sinochem Lantian, Daikin Industries, Mexichem, AGC Inc, Gas Servei, Gujarat Fluorochemicals, Quimobasicos, Zhejiang Fotech International, Tazzetti, SRF Limited, Changshu Sanaifu Zhonghao Chemical, and Shandong Yuhuang Chemical Group. These market players are actively involved in driving innovation, research, and development to offer sustainable refrigerant solutions with low global warming potential, in alignment with the industry trends and regulatory requirements.

The global low GWP refrigerants market is experiencing robust growth driven by the rising environmental concerns and the push for sustainable refrigerant alternatives. The regulatory landscape emphasizing the phase-out of high GWP refrigerants is propelling the adoption of eco-friendly solutions across various end-use industries. The application of different refrigerant types in commercial, domestic, and industrial refrigeration, automotive, food processing, HVAC systems, and other sectors highlights the versatile nature of low GWP refrigerants in meeting diverse industry needs.

Market players play a key role in shaping the industry dynamics through strategic collaborations, product innovations, and expansion into emerging markets. These companies are investing in cutting-edge technologies to develop advanced refrigerant solutions that not only meet performance standards but also align with environmental objectives. The increasing focus on sustainability and compliance with regulations is pushing market players to enhance their product portfolios and cater to the evolving demands of customers across regions worldwide.

In conclusion, the global low GWP refrigerants market presents a promising outlook with continuous innovation, regulatory compliance, and partnerships driving market growth. The diverse segmentation of refrigerant types, end-uses, and applications provides a comprehensive understanding of the market landscape and opportunities for expansion. Market players are vital in driving the industry forward by introducing sustainable refrigerant solutions and addressing the growing need for environmentally friendly cooling technologies across various sectors globally.

The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies in Low Warming Potential (GWP) Refrigerants Market : https://www.databridgemarketresearch.com/reports/global-low-gwp-refrigerants-market/companies

Key Questions Answered by the Global Low Warming Potential (GWP) Refrigerants Market Report:

What is the current state of the Low Warming Potential (GWP) Refrigerants Market, and how has it evolved?

What are the key drivers behind the growth of the Low Warming Potential (GWP) Refrigerants Market?

What challenges and barriers do businesses in the Low Warming Potential (GWP) Refrigerants Market face?

How are technological innovations impacting the Low Warming Potential (GWP) Refrigerants Market?

What emerging trends and opportunities should businesses be aware of in the Low Warming Potential (GWP) Refrigerants Market?

Browse More Reports:

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#Low Warming Potential (GWP) Refrigerants Market

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morpheusindia · 17 days ago

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Exciting Opportunity of Assistant Sales Manager – Manufacturing in Bangalore with Morpheus Consulting

Introduction:

Morpheus Consulting, a prominent name in recruitment, is thrilled to present an outstanding opportunity for experienced professionals looking to establish a career as an Assistant Sales Manager – Manufacturing in Bangalore. In order to guarantee that businesses get the best applicants for their needs, Morpheus Consulting has played a crucial role in bringing together bright people and prominent figures in the field.

In order to manage sales activities, cultivate important clients, and promote corporate growth, an assistant sales manager in manufacturing plays a critical function. At Morpheus Consulting, we recognize the value of relationship management, market awareness, and sales proficiency in attaining company success. Presented by Morpheus Consulting, this opportunity is perfect for professionals who want to succeed in the manufacturing industry in sales and account management.

The Role of a Assistant Sales Manager – Manufacturing in Bangalore

1.Sales Management and Business Expansion:

Morpheus Consulting recognizes that managing sales efforts for a range of products is an essential part of this position. Sales procedures for water, coolant, and oil chillers used in process cooling will be overseen by the assistant sales manager for manufacturing. Morpheus Consulting makes sure that experts with a solid sales background are assigned to companies that need help with revenue growth, account management, and sales expansion.

2.Key Account Management:

Morpheus Consulting is aware of how crucial it is to maintain important clientele in order to increase their market share. Managing and enhancing ties with important clients nationwide will fall under the purview of the Assistant Sales Manager-Manufacturing. The candidate will help the firm expand by spotting upselling possibilities and guaranteeing excellent customer service. Morpheus Consulting makes certain that businesses get experts who can grow and manage their clientele.

3.Customer Satisfaction and Relationship Management:

Businesses prioritize ensuring great client happiness. Morpheus Consulting understands that the Assistant Sales Manager-Manufacturing needs to be proactive in meeting customer needs, making sure that goods and services are delivered on time, and preserving good client connections. Success requires the capacity to successfully handle client concerns and offer answers. Morpheus Consulting makes certain that applicants for this position possess excellent people skills and a customer-focused mindset.

4.Market Awareness and Sales Strategy Development:

Professionals with a thorough awareness of consumer demands, industry trends, and sales tactics are highly valued by Morpheus Consulting. The manufacturing assistant sales manager needs to be proactive in assessing market conditions, seeing possible business prospects, and creating sales plans in line with those findings. With Morpheus Consulting's recruitment experience, we guarantee that businesses get applicants with a keen understanding of the market and the ability to strategically plan sales.

What Makes an Ideal Candidate for Morpheus Consulting?

Sales Expertise and Industry Knowledge:Professionals with prior manufacturing sales management expertise are sought after by Morpheus Consulting. Knowledge of capital goods, pumps, heat exchangers, chillers, HVAC systems, and cooling towers is necessary for the position. Morpheus Consulting makes certain that applicants with pertinent industry experience are sent to companies that need their particular set of abilities.

Strong Relationship Management Skills:Professionals with strong relationship management and essential account handling skills are highly valued by Morpheus Consulting. This position requires the ability to develop relationships with clients, spot business prospects, and boost sales. Morpheus Consulting makes certain that businesses hire people who can establish enduring relationships with clients.

Leadership:Morpheus Consulting prioritizes professionals with strong leadership and collaboration skills. The ability to work in an agile team, communicate effectively.

Market Awareness and Business Acumen:Professionals with good analytical thinking, market understanding, and business acumen are given preference by Morpheus Consulting. It is essential to have the capacity to comprehend market trends, evaluate competitors, and create winning sales plans. Candidates that possess these attributes are guaranteed to get the best possibilities to support company development by Morpheus Consulting.

Morpheus Consulting ensures that professionals flourish in their careers by matching them with opportunities that align with their experience.

Why This Role Matters:

In order to increase income and business expansion, sales management is essential. Morpheus Consulting understands that sales operations pertaining to water, coolant, and oil chillers for process cooling are handled by an Assistant Sales Manager-Manufacturing. In addition, this position entails recognizing upselling opportunities, maintaining high customer satisfaction, and managing important accounts across the nation.

Morpheus Consulting is aware that businesses look for experts that can enhance sales procedures, build stronger customer relationships, and support overall company growth. With the help of Morpheus Consulting's recruitment experience, we make sure that top talent is able to locate the best possibilities to advance their careers.

Conclusion:

Managing sales operations, cultivating enduring customer connections, and promoting revenue growth are all critical functions of the Assistant Sales Manager-Manufacturing position. Finding qualified experts that can support company success is something that Morpheus Consulting takes pride in.

Morpheus Consulting will assist you in finding a position that fits your professional goals if you possess the knowledge and enthusiasm for sales and account management. Take the next step in your career by joining Morpheus Consulting right now.

Apply now to take on this challenging and impactful role with confidence, and rest assured that Morpheus Consulting will be your trusted partner in navigating your professional journey.

For more Recruitment / Placement / HR / Consultancy services, connect with Morpheus Consulting:

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global-research-report · 18 days ago

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Brazed Plate Heat Exchangers Market: Regional Analysis, Competitive Landscape, and Key Players

The global brazed plate heat exchangers market size is expected to reach USD 1.62 billion by 2030, registering a CAGR of 6.3% over the forecast period, according to a new report by Grand View Research, Inc. Rising product demand, particularly on account of cost-effectiveness, lower carbon footprints, and higher energy efficiency is anticipated to drive the industry. According to Centrum Institutional Research, investments in the chemical industry have increased 2.5 times in the last decade, rising to 6,100 crores in FY22. Brazed plate heat exchangers are used in the chemical manufacturing process to cool, heat, and mix chemicals.

The chemical industry’s rapid expansion is projected to be a major driver for market growth. In industrial power generation engines, lubricating oil is required to optimize performance, protect moving parts, and provide optimal operating conditions for internal components. A brazed plate heat exchanger is used for activation units and engines in power generation industrial facilities as it has oil-cooling properties. Rapid industrialization in growing economies and rising investments in commercial, industrial, and residential projects have contributed to a rise in industry growth. Furthermore, increased product demand in the food, oil & gas, and other industries due to lower operational costs will also support market growth.

Brazed plate heat exchangers are utilized in the oil & gas industry for various applications, such as selective gas component extraction, natural gas evaporation, and industrial gas consumption. Brazed plate heat exchangers are now chosen over traditional shell & tube heat exchangers due to their thermal efficiency, compactness, and quicker lead time. Providers of brazed plate heat exchangers are adopting several strategies, including acquisitions, mergers, new product developments, and geographical expansions to enhance their industry presence. For instance, in October 2021, Alfa Laval launched the AC74 to improve energy efficiency and enable the use of refrigerants with a low global warming potential.

Brazed Plate Heat Exchangers Market Report Highlights

The multi-circuit segment is estimated to expand at a steady CAGR over the forecast period owing to advantages, such as a low maintenance cost, smaller footprint, and energy efficiency

The HVAC-R segment accounted for the maximum share in 2022. Due to their lower footprint, brazed plate heat exchangers have become increasingly popular among HVAC equipment manufacturers

The Europe region accounted for the maximum revenue share in 2022. Rising public and private infrastructure investments are expected to drive brazed plate heat exchanger demand in the HVAC & refrigeration industry

Asia Pacific is estimated to advance at the fastest CAGR over the forecast period owing to increased industrial construction and infrastructure activities in emerging nations, such as India, China, Vietnam, and Thailand

In February 2022, Alfa Laval launched AC540 brazed plate heat exchangers, such as ACK540, ACH540, CBP540 and ACP540, which were manufactured in San Bonifacio, Italy

Brazed Plate Heat Exchangers Market Segmentation

Grand View Research has segmented the global brazed plate heat exchangers market on the basis of product, application, and region:

Brazed Plate Heat Exchangers Product Outlook (Revenue, USD Million, 2018 - 2030)

Single-circuit

Multi-circuit

Brazed Plate Heat Exchangers Application Outlook (Revenue, USD Million, 2018 - 2030)

HVAC-R

Chemical & Petrochemical

Food & Beverage

Power Generation

Heavy Industry

Others

Brazed Plate Heat Exchangers Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Canada

Mexico

Europe

France

Germany

Italy

Asia Pacific

China

Japan

India

Central & South America

Brazil

Middle East & Africa

Saudi Arabia

UAE

Key players in the Brazed Plate Heat Exchangers Market

Alfa Laval

Danfoss

Kelvion Holding GmbH

SWEP International AB

Xylem Inc.

API Heat Transfer

AIC

Hisaka Works, Ltd.

Charts Industries, Inc.

Order a free sample PDF of the Brazed Plate Heat Exchangers Market Intelligence Study, published by Grand View Research.

#Brazed Plate Heat Exchangers Market

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johnjankovic1 · 29 days ago

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Happy Spillovers: Sperm Whale Oil Displaced by Petroleum

The introduction of so powerful an agent as steam to a carriage on wheels will make a great change in the situation of man. Thomas Jefferson, 1802

Railroads were not only a moment of inflection for the steel empire but they equally wrought downstream effects for petroleum by opening America’s interior to industry and speculation. If this new infrastructure coronated Carnegie as the king of steel then it did the same for John D. Rockefeller’s Standard Oil company. Legislation behind the railway boom made this commodity viable for commercial use since extraction, refining and distribution could be scaled up when heretofore waterways limited production to modest quantities. The alacrity of this energy revolution is startling. A paradigm shift of logistics made the whale oil industry redundant overnight. Prior to the railroad mania transportation prices were dearer than any amount of petroleum whose exploitation was itself too labour-intensive and confined to seeps and shallow excavations atop the earth's surface. Hence whale oil’s omnipresence in the economy for lighting and other uses. By providence however Edwin Drake’s first oil strike via his innovation of drills and steam engine in 1859 perfectly coincided with the heyday of railroad construction. This infrastructure was a godsend. Petroleum could suddenly be monetized. A spate of oilfields came online from Ohio to Texas and brought the hydrocarbon to consumer markets as this black gold increasingly rose to prominence.

The genius behind Rockefeller’s alliance to railroads hinged on preferential treatment in a reciprocity based upon steady shipments in exchange for steep discounts. Investors and owners alike took warmly to this guarantee of revenue. No rival could subsequently compete with the conglomerate without operating at a loss since they were saddled with higher freight costs. A raft of bankruptcies then ensued. Rockefeller in turn practiced vulture capitalism through his aggressive acquisitions of companies in distress upon pricing them out of markets. An empire was consolidated piecemeal whereby railroad mania conduced to the oil boom: monopolies created ever more monopolies. Detractors might tar and feather Washington’s succour which privatized gains and socialized risk for railroad barons but there is no ambiguity how a better standard of living summarily followed. Prior to the advent of petroleum the rendered fat of whales had a purchase on artificial lighting in parlours and homes everywhere. Kerosene abruptly displaced the latter as a cheaper fuel of choice for the mundane chores of heating, cooking and the like. The ascendency of oil thus disrupted the whaling trade. Washington’s industrial policy for railroads so became a stimulus-cum-revolution against industries of old which were anachronisms of modernity.

The creative destruction of petroleum-based fuels toppled the whaling stranglehold. Railroad mania abreast of the oil rush would herald the beginnings of the Gilded Age. Why was the boom so immediate? One glaring pitfall of the whaling industry was its vulnerability to supply shocks. Just as Herman Melville chronicled in his chef-d’oeuvre ‘Moby Dick’, whalers voyaged further and further out to sea for months if not years in their expeditions as diminishing returns were symptomatic of fewer and fewer whaling grounds. To this very day numerous species of whale remain on the brink of extinction as a corollary to this systemic culling. Consumers therefore embraced petroleum en masse. Railroads were not tangential but central to this demand shock wherein petroleum evolved into a universal staple for households and businesses. Social and economic activities extended their hours well into the night unbothered by neither the cost nor scarcity of artificial light. As the star of the whaling industry faded, the use of petroleum continued to collect marketshare and mindshare in the last quarter of the 19th century. Energy consumption would be dominated by petroleum in lockstep with the expansion of railroads. The scalability of kerosene unlike the scarcity of whale oil was the death knell for the Atlantic seaboard’s whaling industry.

Scale economies were simply a chimera for whalers when they were destined to wrestle these sea monsters in the open waters as far away as the Arctic or past the equator into South America. Compare this labour-intensive enterprise with the capital-intensive one of boring a rudimentary hole into the earth and pumping fresh crude out of it. Such abundant supply and cheap distribution by railroads were infinitely preferable to multiyear voyages fraught with hazards. Petroleum reserves were seemingly inexhaustible with the discovery of oilfields via onshore drilling by wildcatters. Whale oil was finite. Electricity generation was likewise an adversary which posed an existential threat to the whaling industry as Thomas Edison patented the incandescent lightbulb in 1880 (Scirri 2019: 41). By the end of the 19th century the commercial whaling industry was beset on all sides by competition which proved insurmountable. Capital destined for the harbours of New England where fleets of hundreds once moored found greater returns on investment in petroleum. This transformation became a parable of the ‘creative destruction’ of capitalism’s lifecycle between the obsolescence of an industry and the birth of another. Shipwrecks, mutinies and erratic whale migration simply could not compete with the ironclad certainty of oil.

Petroleum and steel would develop along similar pathways in their ascendency. Namely both industries were critical agents for the buildout of railways in what can be construed as a positive-sum game: (i) oil relied on locomotives for coast-to-coast distribution; (ii) steel sought railroads for the demand of tracks; (iii) railroads vied for the inelastic revenue from oil freight; (iv) railroads equally required steel. Each industry had mutual interests as they jockeyed for favourable terms. The exploits of Rockefeller and Carnegie were also identical in their strategies of horizontal and vertical integration within their respective industries. Standard Oil would seize every stage of the commodity’s life cycle by vertically integrating pipelines, refineries and oilfields. US Steel implemented the same strategy with its acquisitions of mines, lake barges and rolling mills to reduce the volatility of its market. Both entrepreneurs conquered value chains whose economies of integration purveyed a cost advantage which was passed onto consumers. Another likeness was the scale of horizontal integration shared between the two. Rockefeller swooped in to buy competitors in distress. Carnegie consolidated his steel empire in a selfsame fashion. In business lore the legacies of these storied companies share an uncanny resemblance.

#Industrial Policy #Railroads #Petroleum

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jlabexport1 · 1 month ago

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The Impact Of Engineering Laboratory Equipment Manufacturers In India

The engineering laboratory equipment manufacturers of India have become very active players in the education and industrial market throughout the world. Indian manufacturers supply a wide range of equipment including universal testing machines, hydraulic benchtops, fluid mechanics kits, vibration test systems, heat exchangers, and CNC machines for training purposes. These manufacturers are becoming more and more important in nurturing future engineers and research scientists by helping education and research institutions as well as industries with affordable and dependable solutions. In this Blog, we mentioned 6 impacts of engineering laboratory equipment manufacturers in India.

Impact Of Engineering Laboratory Equipment Manufacturers In India

Support for Research and Development

The Indian manufacturers provide advanced machinery like material testing machines, fluid mechanics setups, and thermal engineering equipment, which comfortably encourages leading-edge research and innovation. Their products allow researchers to perform experiments with a high degree of accuracy, facilitating development and technology progress in diverse engineering areas.

Contribution to Skill Development

The use of engineering lab equipment from Indian manufacturers plays a significant role in the development of skills, especially for technical institutions and training centers. Industry-related skill acquisition like CNC training and operation of automated systems is made possible by this equipment to boost the professionals’ and students’ employability in the shifting job market.

Enhancement of Engineering Education

Engineering laboratory equipment manufacturers in India produce high-quality engineering laboratory equipment that enables students to gain practical, hands-on experience. This exposure to real-world applications and experimental techniques enhances their understanding of complex engineering concepts, bridging the gap between theoretical knowledge and practical skills.

Encouragement of Collaboration between Industries and Institutes

The presence of good engineering lab instruments made the collaboration of industry and academia to be enhanced. The Indian manufacturers are able to varnish customized forms that tend to suit specific industrial needs hence helping the academic bodies to do some research work that seeks to solve the problems in a given industry. This helps in exchanging knowledge and speed of innovation.

Boost to Economic Growth

The activity of manufacturing equipment for the engineering laboratories also makes the right contribution towards the economic development of India. Even supplying goods into several countries leads Indian producers to obtain good revenues, create employment opportunities, and promote the advancement of manufacturing.

Encouragement of Innovation and Quality Standards

Manufacturers in India provide new and better ways of using the equipment through innovative means. They comply with certain international standards such as ISO, and CE which helps their products to be safe, reliable and relevant to the world market. This focus on quality and new ideas not only raises the stature of the Indian manufacturers but also uplifts the quality of engineering education and research in the country.

Key Engineering Laboratory Equipment

Universal Testing Machine

Universal testing machines (UTMs) are highly applicable in testing the tensile and compressive strength of various materials. Indian manufacturers have UTM’S which are provided with digital controls as well as internal and external additions like load and deformation measurement, thus making them crucial for testing materials in construction and materials engineering, and related fields.

Hydraulic Bench

Hydraulic benches find application in fluid mechanics laboratories for geophysical designs in flow measurement, energy loss measurements, and studies on hydraulic jumps. Hydraulic benches manufactured in India are strong and reversibly handled with the use of modular systems that allow versatile procedures and precise chips to conduct various fluid experiments.

Heat Transfer Unit

Heat transfer units offer experimental provisions to examine the different ways in which heat can be transferred which in this scholarship include conduction, convection, and radiation. Heat transfer units constructed in India are designed with additional devices that make it possible to capture accurate and relevant data required in thermal engineering skills.

CNC training machine

CNC training machines play a significant role in equipping students with knowledge on the use of computer numerical control. Indian manufacturers of durable CNC training machines with advanced controls and devices enhance occupational practice amongst students of safe precision machinery.

Fluid Mechanics Equipment

Flow channels and wind tubes belong to fluid mechanics Equipment and are used to investigate the flow of fluid in the transportation of heat or any other processes. There are a lot of fluid mechanics apparatuses available in India that have excellent measurement techniques and are also suitable for both teaching and research skills in civil and mechanical engineering.

Why Opt For Jlab India?

Jlab India is one of the leading Engineering laboratory equipment manufacturers in India. Our devotion to quality, innovation, and customer satisfaction is simply unmatched. Jlab Export has a variety of products that meet the highest international standards and thus guarantees every laboratory is fully fitted with dependable, precise, and long-lasting instruments. Owing to the strong presence of Jlab Export in the global market and the ability to understand the specific needs of clients and offer tailor-made services, our company has turned out to be an integral partner for educational, research, and industrial entities.

#engineering laboratory equipment manufacturers in India #engineering laboratory equipment manufacturer #engineering laboratory equipment

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globalinsightblog · 1 month ago

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"Direct Air Carbon Capture: The Future of Sustainability 🌍, Growing to $10.5 Billion by 2034"

Direct Air Carbon Capture (DACC) market focuses on technologies designed to extract carbon dioxide directly from the atmosphere. This market is central to climate change mitigation, reducing atmospheric CO2 levels, supporting sustainability goals, and generating revenue through carbon credits and industry partnerships for emission offsetting.

To Request Sample Report: https://www.globalinsightservices.com/request-sample/?id=GIS10935 &utm_source=SnehaPatil&utm_medium=Article

The DACC market is rapidly growing due to escalating environmental concerns and the need for effective carbon reduction solutions. The solvent-based capture segment currently leads the market, thanks to its efficiency and technological advancements. The solid sorbent-based sub-segment follows closely, with its lower energy requirements and scalability offering significant potential.

Regionally, North America dominates the DACC market, driven by governmental support and technological innovation. Europe is a strong contender, propelled by strict regulatory frameworks and commitments to carbon neutrality. The United States and Germany are key players within these regions, benefiting from investments and proactive sustainable practices.

Market Segmentation:

Type: Solid Sorbent Systems, Liquid Solvent Systems

Products: Capture Units, Storage Units, Conversion Units, Monitoring Systems

Services: Installation, Maintenance, Consulting, Retrofitting

Technology: Adsorption, Absorption, Membrane Separation, Cryogenic Separation

Components: Reactors, Compressors, Pumps, Heat Exchangers

Applications: Industrial Emissions, Power Plants, Transportation, Agriculture, Building Materials

Deployment: Onshore, Offshore

End Users: Oil & Gas, Chemical Industry, Utilities, Manufacturing

Processes: Direct Air Capture, Post-Combustion Capture, Pre-Combustion Capture, Oxy-Fuel Combustion

Solutions: Turnkey, Customized, Modular

In 2023, the DACC market reached 1.2 million metric tons, with projections to hit 3 million metric tons by 2033. The industrial segment dominates with a 45% market share, driven by strict emissions regulations. Key players like Climeworks, Carbon Engineering, and Global Thermostat lead the charge with innovations enhancing efficiency and scalability.

#DirectAirCapture #CarbonCapture #ClimateChange #Sustainability #GreenTech #EnvironmentalInnovation #CO2Reduction #CarbonCredits #NetZero #CleanTech #IndustrialEmissions #CarbonNeutrality #EcoFriendly #RenewableEnergy #FutureOfEnergy #ClimateAction #CarbonSequestration #SustainableSolutions #GreenFuture #CarbonRemoval

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industryforecastnews · 2 months ago

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Fuel Cell Market Size, Share, Trends And Industry Report, 2030

Fuel Cell Market Growth & Trends

North America accounted for a significant market share, due to the commercialization and adoption of electric vehicles. However, Asia Pacific emerged as a growing market in terms of shipments. Rising demand for combined heat and power systems in is projected to drive the demand for fuel cell in the region.

Using fuel cells can minimize the dependency on non-renewable energy sources such as coal, natural gas, and petrochemical derivatives. Fuel cells employ electrochemical process for generation of energy and result in less combustion of fuels. Hybrid systems using conventional engines and fuel cells are deployed in most of electric vehicles.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/fuel-cell-market

Fuel Cell Market Report Highlights

Proton exchange membrane fuel cell (PEMFC) accounted for more than 60.0% of the global market in terms of revenue in 2023. PEMFC is widely used in applications such as forklifts, automobiles, telecommunications, primary systems, and backup power systems.

Based on Components, the fuel cell market has been segmented into stack and balance of plant. In 2023, the stack segment accounted for the largest share of more than 60.0% in the global fuel cell market.

The hydrocarbon segment accounted for the largest share of over 90.0% in 2023, owing to extensive infrastructure for production, transportation, and storage of hydrocarbons is already in place, making them readily available and affordable.

On the basis of size, the fuel cell market is categorized into small-scale and large-scale. The large-scale holds a share of about 70.0% in 2023 of the global fuel cell market.

Stationary fuel cells dominated the global market in terms of revenue, accounting for a market share of more than 69.0% in 2023, owing to the increasing demand for fuel cells from distributed generation facilities and backup power applications.

Based on End-use, the fuel cell market has been segmented into transportation, commercial & Industrial, residential, data center, military & defense, and utilities & government.

Asia Pacific held a significant revenue share of more than 65% in 2023 and is expected to grow at the fastest CAGR over the forecast period.

Fuel Cell Market Segmentation

Grand View Research has segmented the global fuel cell market report based on product, components, fuel, size, application, end-use, and region:

Fuel Cell Product Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

PEMFC

PAFC

SOFC

MCFC

AFC

Others

Fuel Cell Components Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Stack

Balance of Plant

Fuel Cell Fuel Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Hydrogen

Ammonia

Methanol

Ethanol

Hydrocarbon

Fuel Cell Size Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Small-scale

Large-scale

Fuel Cell Application Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Stationary

Transportation

Portable

Fuel Cell End-use Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Residential

Commercial & Industrial

Transportation

Data Centers

Military & Defense

Utilities & Government

Fuel Cell Regional Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

List of Key Players of Fuel Cell Market

Ballard Power Systems

Bloom Energy

Ceres Power Holdings PLC

Doosan Fuel Cell America, Inc.

FuelCell Energy, Inc.

Hydrogenics Corporation

Nedstack Fuel Cell Technology B.V.

Nuvera Fuel Cells LLC

Plug Power, Inc.

SFC Energy AG

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/fuel-cell-market

#Fuel Cell Market #Fuel Cell Market Size #Fuel Cell Market Share #Fuel Cell Market Trends #Fuel Cell Market Growth

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healthcareruhi · 2 months ago

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Multilayer Pipes Market: Market Dynamics and Strategies for Success 2024-2030

Our Report covers global as well as regional markets and provides an in-depth analysis of the overall growth prospects of the market. Global market trend analysis including historical data, estimates to 2024, and compound annual growth rate (CAGR) forecast to 2030 is given based on qualitative and quantitative analysis of the market segments involving economic and non-economic factors. Furthermore, it reveals the comprehensive competitive landscape of the global market, the current and future market prospects of the industry, and the growth opportunities and drivers as well as challenges and constraints in emerging and emerging markets.

Get More Insights: https://qualiketresearch.com/reports-details/Multilayer-Pipes-Market

Key Matrix for Latest Report Update • Base Year: 2023 • Estimated Year: 2024 • CAGR: 2024 to 2034

Get Sample Report:

https://qualiketresearch.com/request-sample/Multilayer Pipes -Market/request-sample

Key Prominent Players In The Multilayer Pipes Market:

Gabbaplast Srl, Isoltubex S.L., aquatherm GmbH, Peštan d.o.o., LK Pex AB, Uponor Corporation, Wavin B.V., Valsir SpA, REHAU, Geberit AG.

Market segmentation

The Multilayer Pipes market is segmented by type and application. Growth between segments over the period 2024-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

Multilayer Pipes Market Segment by Type

Water Supply (Sanitary Water Supply, Heating (Surface, Radiator)), Wastewater Management (Vertical Systems, Horizontal Systems)

Multilayer Pipes Market Segment by Applications

Residential Building (Multi Family Buildings, Single Family Building), Commercial Building (Education Institutes & Students Campus, Healthcare & Medical Clinics, Corporate Offices, Hotels & Motels

Regional Analysis for COVID-19 Outbreak-Global Multilayer Pipes Market:

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)

Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)

North America (U.S., Canada, and Mexico)

South America (Brazil, Chile, Argentina, Rest of South America)

MEA (Saudi Arabia, UAE, South Africa)

Multilayer Pipes Market Research Objectives: - Concentrates on the key manufacturers, to define, pronounce and analyze the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years. - To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks). - Analyzing the with regard to individual future prospects, growth trends, and their involvement to the total market. - Reasonable developments such as agreements, expansions, new product launches, and acquisitions in the market - To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS: To understand the market conditions the five forces analysis is developed that comprises Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry. Political (Political policy and stability as well as trade, fiscal, and taxation policies) Economical: Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates • Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles) • Technological (Changes in digital or mobile technology, automation, research, and development) • Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions) • Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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About Us:

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers.

QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence.

QualiKet Research strive hard to simplify strategic decisions enabling you to make right choice. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition. Our experts provide deep insights which is not available publicly that enables you to take bold steps.

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researchrealmblog · 2 months ago

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The Market for Heat Transfer Fluids is Led by Mineral Oil

In 2021, the global heat transfer fluids market had a total size of USD 3,628.1 million, and it is predicted to hit USD 8,247.1 million by 2030, progressing at a rate of 9.6% from 2021 to 2030, according to a research report by a market research company P&S Intelligence.

Heat transmission solutions are liquids that are used as a standard or carrier to convey heat from one location to another. Thermal conductivity and high diffusivity, low viscosity and non-corrosive nature.

This growth can be credited to the extensive utilization of such fluids in chemical making and processing. Moreover, their anti-freezing chartersticks at tremendously low temperatures are quickening their utilization in a range of sectors, such as solar power, oil and gas, manufacturing, chemical, and biodiesel.

The developing nations of LATAM and APAC, including India, China, Mexico, and Brazil are giving numerous prospects for heat transfer fluid producers. In such regions, the end-use businesses have grown majorly. For example, India, China, and Brazil's emerging solar business aids the requirement for such fluids. Furthermore, in APAC, utilization of such fluids is projected to be the uppermost at concentrated solar plants.

Heat exchangers are utilized in almost all industry where power is needed for burning, reaction, or the alteration of a precise chemical. Heat transfer liquids accumulate heat and shift it from one location to another, in heat exchangers.

On the basis of the production and sale, North America is rapidly becoming one of the most alluring industries for heat transfer fluids makers. It is an industry with a high disposal revenue and manufacturing productivity. The thriving CSP and biodiesel businesses in the North America are another vital element rising the potential requirements for HTFs.

Also, the requirement for high-temperature heat transfer liquids has augmented as a result of the growing activity in the CSP industry in Europe. One of the most-effective approaches of renewable power generation is the CSP technology.

Europe has become one of the major utilizers of heat exchanging device because of the significant investments and technological advances in a range of businesses, which has, ultimately, augmented the requirement for such fluids.

In the coming few years, the APAC region is all set to experience highest CAGR, of above 12%, with a significantly rising demand for all key HTFs. The region is a looked-for location for the market companies to spend in because of the obtainability of low-cost labor and raw materials, and also the rising local demand.

Hence, the heat transfer fluids market is boosted by the rising oil and gas sector, growing emphasis on concentrated solar energy, and thriving chemical production.

Source: P&S Intelligence

#Heat Transfer Fluids Market Share #Heat Transfer Fluids Market Size #Heat Transfer Fluids Market Growth #Heat Transfer Fluids Market Applications #Heat Transfer Fluids Market Trends

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prajwalkadam · 3 months ago

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latestmarketresearchnews · 3 months ago

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Fuel Cell Market 2030: Industry Analysis and Forecast by Type, Application and Region

The global fuel cell market size is expected to reach USD 36.98 billion by 2030, exhibiting a CAGR of 27.1% from 2024 to 2030, according to a new report published by Grand View Research, Inc. The rise in demand for unconventional energy sources is a key factor driving the growth. North America accounted for the largest market share in 2019 and is projected to continue leading over the forecast period, due to the commercialization and adoption of electric vehicles. However, Asia Pacific emerged as a growing market in terms of shipments. Rising demand for combined heat and power systems in is projected to drive the demand for fuel cell in the region.

Power-based electricity generation is effective in minimizing emission of carbon dioxide or any other hazardous pollutants. Hence, fuel cell technology plays a vital role in dealing with environmental issues as well as encouraging the use of renewable carriers of energy. Ongoing product developments and innovation is expected to open new opportunities for emerging players. Using fuel cells can minimize the dependency on non-renewable energy sources such as coal, natural gas, and petrochemical derivatives. Fuel cells employ electrochemical process for generation of energy and result in less combustion of fuels. Hybrid systems using conventional engines and fuel cells are deployed in most of electric vehicles.

Gather more insights about the market drivers, restrains and growth of the Global Fuel Cell Market

Fuel Cell Market Report Highlights

On the basis of size, the fuel cell market is categorized into small-scale and large-scale. The large-scale holds a share of about 70.0% in 2023 of the global fuel cell market.

Based on End-use, the fuel cell market has been segmented into transportation, commercial & Industrial, residential, data center, military & defense, and utilities & government.

Asia Pacific held a significant revenue share of more than 65% in 2023 and is expected to grow at the fastest CAGR over the forecast period.

Browse through Grand View Research's Power Generation & Storage Industry Research Reports.

Advanced Battery Market: The global advanced battery market size was valued at USD 78.8 billion in 2024 and is projected to grow at a CAGR of 10.5% from 2025 to 2030.

Air Electrode Battery Market: The global air electrode battery market size was valued at USD 1.51 billion in 2024 and is projected to grow at a CAGR of 11.2% from 2025 to 2030.

Fuel Cell Market Segmentation

Grand View Research has segmented the global fuel cell market report based on product, components, fuel, size, application, and end-use, and region:

Fuel Cell Product Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

PEMFC

PAFC

SOFC

MCFC

AFC

Others

Fuel Cell Components Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Stack

Balance of Plant

Fuel Cell Fuel Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Hydrogen

Ammonia

Methanol

Ethanol

Hydrocarbon

Fuel Cell Size Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Small-scale

Large-scale

Fuel Cell Application Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Stationary

Transportation

Portable

Fuel Cell End-use Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Residential

Commercial & Industrial

Transportation

Data Centers

Military & Defense

Utilities & Government

Fuel Cell Regional Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

North America

Canada

Mexico

Europe

Germany

France

Italy

Spain

Asia Pacific

China

Japan

South Korea

India

Taiwan

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

South Africa

Order a free sample PDF of the Fuel Cell Market Intelligence Study, published by Grand View Research.

#Fuel Cell Market Forecast #Fuel Cell Market Overview #Fuel Cell Market Size

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researchreportinsight · 3 months ago

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Fuel Cell Market 2030: Brief Analysis of Top Countries Data, Growth and Drivers

Gather more insights about the market drivers, restrains and growth of the Global Fuel Cell Market

Fuel Cell Market Report Highlights

On the basis of size, the fuel cell market is categorized into small-scale and large-scale. The large-scale holds a share of about 70.0% in 2023 of the global fuel cell market.

Based on End-use, the fuel cell market has been segmented into transportation, commercial & Industrial, residential, data center, military & defense, and utilities & government.

Asia Pacific held a significant revenue share of more than 65% in 2023 and is expected to grow at the fastest CAGR over the forecast period.

Browse through Grand View Research's Power Generation & Storage Industry Research Reports.

Advanced Battery Market: The global advanced battery market size was valued at USD 78.8 billion in 2024 and is projected to grow at a CAGR of 10.5% from 2025 to 2030.

Air Electrode Battery Market: The global air electrode battery market size was valued at USD 1.51 billion in 2024 and is projected to grow at a CAGR of 11.2% from 2025 to 2030.

Fuel Cell Market Segmentation

Grand View Research has segmented the global fuel cell market report based on product, components, fuel, size, application, and end-use, and region:

Fuel Cell Product Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

PEMFC

PAFC

SOFC

MCFC

AFC

Others

Fuel Cell Components Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Stack

Balance of Plant

Fuel Cell Fuel Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Hydrogen

Ammonia

Methanol

Ethanol

Hydrocarbon

Fuel Cell Size Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Small-scale

Large-scale

Fuel Cell Application Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Stationary

Transportation

Portable

Fuel Cell End-use Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

Residential

Commercial & Industrial

Transportation

Data Centers

Military & Defense

Utilities & Government

Fuel Cell Regional Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030)

North America

Canada

Mexico

Europe

Germany

France

Italy

Spain

Asia Pacific

China

Japan

South Korea

India

Taiwan

Australia

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

South Africa

Order a free sample PDF of the Fuel Cell Market Intelligence Study, published by Grand View Research.

#Fuel Cell Market Forecast #Fuel Cell Market Overview #Fuel Cell Market Size

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blockinsider · 3 months ago

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Ethereum Holds Strong Despite Increasing Rivalry in Crypto Market

Key Points

Ethereum maintains its dominance in the crypto world despite high transaction fees.

Competitors like XRPL and Solana are challenging Ethereum’s position in the blockchain industry.

Despite the evolution of the crypto world, Ethereum continues to hold its relevance as the leading blockchain. It has managed to maintain its dominance even amidst criticisms of its high transaction fees.

While Ethereum’s supremacy is undisputed, emerging competitors such as the XRP Ledger (XRPL) and Solana are posing a significant challenge. These rising competitors are igniting a competitive race, altering the dynamics of blockchain innovation.

Onchain Metrics: Ethereum at the Forefront

Ethereum’s resilience is reflected in its impressive on-chain growth, even as it experiences periods of price volatility. Between September 13 and 19, Ethereum had a hard time keeping its price above the $3,200 mark. However, it excelled in crucial metrics like network activity, Total Value Locked (TVL), and fee generation.

In the past month, the blockchain registered a whopping $149.9 billion in on-chain volume. This significantly outpaced its nearest competitor, BNB Chain, which recorded just $26.6 billion. Ethereum’s growth rate of 37.7% further underlines its dominance, while BNB Chain’s activity has declined by 6%.

Ethereum’s transaction fees, averaging around $7.50, are often criticized as a hindrance for smaller retail users. The network addresses this issue with layer-2 solutions like Arbitrum, Optimism, and Base. These networks process transactions off the main blockchain, reducing fees while preserving Ethereum’s security and reliability.

These networks are crucial to the protocol’s ongoing success, reinforcing its position as the industry’s first blockchain. Despite operating separately, these layer-2 solutions remain closely connected to Ethereum’s mainnet for final validation. This ensures all transactions are secure and tamper-proof, keeping the network safe and decentralized.

Ethereum’s biggest challenge is scaling while maintaining decentralization and ecosystem integrity. The Ethereum 3.0 upgrade, with sharding and zkEVM, aims to address this, but full implementation is still years away. In the meantime, Ethereum’s network benefits from independent validators and staking, enhancing its decentralization and security. These features help it stay competitive against networks like Solana and BNB Chain.

The Blockchain Race Heats Up with XRPL and Solana

While the Ethereum blockchain continues to be a dominant force, competition is intensifying. The XRP Ledger (XRPL) recently made history by launching its Ethereum Virtual Machine (EVM) sidechain. This upgrade is set to enhance cross-chain compatibility and enable XRP minting and burning. The recent v4.0.0 upgrade also boosts scalability and overall appeal.

Meanwhile, the Solana blockchain has experienced significant growth, with its on-chain volume increasing by 83% last month. The network’s Total Value Locked (TVL) is $8.3 billion, though it still falls behind ETH’s $59.4 billion. Solana’s Decentralized Exchanges (DEXs) have also seen more user activity than Ethereum’s.

Despite Solana’s rapid rise, ETH continues to generate substantial revenue from transaction fees, earning $163.7 million last month. This record is well ahead of Solana’s $133.4 million. This solid revenue stream reinforces Ethereum’s dominance and its ability to attract institutional investors seeking a reliable and scalable blockchain.

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marketanalysisdata · 4 months ago

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Corrosion Inhibitors Market 2027 Outlook, Regions, Size Estimation and Upcoming Trend

The global corrosion inhibitors market was valued at USD 7.4 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2020 to 2027. This anticipated growth is primarily driven by advancements in biobased and eco-friendly corrosion inhibitors, which align with the market's shift toward sustainability. Such a shift is expected to foster increased acceptance of corrosion inhibitors among eco-conscious industries. Corrosion inhibitors work by forming a protective barrier on surfaces, preventing moisture a key factor in corrosion from reaching the underlying material.

The mechanisms through which organic corrosion inhibitors operate include interfacial activity, anodic and cathodic activity, barrier activity, and adsorption activity. In contrast, inorganic corrosion inhibitors function via mechanisms such as anodic and cathodic passivation, anion exchange, and saponification. Research and development have been crucial in advancing corrosion mitigation technologies, and innovation in this area has led to numerous product improvements, as manufacturers have heavily invested in R&D to enhance product performance.

However, in the U.S., the corrosion inhibitors market has been influenced by regulatory standards regarding product toxicity. While phosphate-based corrosion inhibitors are widely used in water systems, their application is regulated due to concerns regarding environmental and wastewater treatment impacts, as well as reactions with aluminum.

Gather more insights about the market drivers, restrains and growth of the Corrosion Inhibitors Market

Regional Insights:

Asia Pacific Corrosion Inhibitors Market Trends

In 2019, the Asia Pacific region dominated the global market with a 36.3% share and is expected to be one of the fastest-growing regions in the coming years. This growth is attributed to rapid industrialization, which has increased demand from power generation and various other industries. Developing economies in Asia, such as India and China, are also seeing rising demand in the chemical and metalworking sectors, which further supports market growth.

Europe Corrosion Inhibitors Market Trends

In Europe, the market for corrosion inhibitors is strong due to significant water consumption in industries like sugar, ethanol, and petrochemical production. Effective water treatment is essential to support corrosion control in Europe, helping to preserve the operational integrity of heat transfer systems and improve the energy efficiency of process units.

Browse through Grand View Research's Category Organic Chemicals Industry Research Reports.

The global mixed mode chromatography resin market size was estimated at USD 117.5 million in 2024 and is expected to grow at a CAGR of 12.3% from 2025 to 2030.

The global 2-ethylhexanol market was estimated at USD 6.50 billion in 2024 and is expected to grow at a CAGR of 2.8% from 2025 to 2030.

Key Companies & Market Share Insights

The market for corrosion inhibitors is highly fragmented, with a large number of companies competing to meet the high demand from end-users. Key industry players focus on customized production, leveraging advanced technologies and implementing strategic measures, such as long-term agreements and mergers, to expand their market presence and increase revenue. Many manufacturers have integrated their operations across the value chain to enhance efficiency. For example, Arkema has achieved backward integration by using renewable raw materials in its production processes, while The Lubrizol Corporation is forward integrated, using its corrosion inhibitors in the formulation of its fuel additives, such as PowerZol 9548A. Cortec Corporation produces a range of high-strength release components and coating products, utilizing its proprietary Migratory Corrosion Inhibitors (MCIs). Additionally, SUEZ supplies corrosion inhibitors for various water treatment projects, showcasing the diverse applications and market reach of these companies.

This competitive landscape is characterized by companies strategically positioning themselves through innovation, integration, and collaboration to meet the evolving needs of a growing market.

Key Corrosion Inhibitors Companies

Nouryon

Cortec Corporation

Ashland

Ecolab

Henkel Ibérica, S.A.

The Lubrizol Company

BASF SE

Dow

DuPont de Nemours, Inc.

Baker Hughes, a GE company LLC

Order a free sample PDF of the Corrosion Inhibitors Market Intelligence Study, published by Grand View Research.

#Corrosion Inhibitors Market Share #Corrosion Inhibitors Market Analysis

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marketstudyreport · 4 months ago

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Corrosion Inhibitors Industry Development Trends Report By 2027

Gather more insights about the market drivers, restrains and growth of the Corrosion Inhibitors Market

Regional Insights:

Asia Pacific Corrosion Inhibitors Market Trends

Europe Corrosion Inhibitors Market Trends

Browse through Grand View Research's Category Organic Chemicals Industry Research Reports.

The global mixed mode chromatography resin market size was estimated at USD 117.5 million in 2024 and is expected to grow at a CAGR of 12.3% from 2025 to 2030.

The global 2-ethylhexanol market was estimated at USD 6.50 billion in 2024 and is expected to grow at a CAGR of 2.8% from 2025 to 2030.

Key Companies & Market Share Insights

This competitive landscape is characterized by companies strategically positioning themselves through innovation, integration, and collaboration to meet the evolving needs of a growing market.

Key Corrosion Inhibitors Companies

Nouryon

Cortec Corporation

Ashland

Ecolab

Henkel Ibérica, S.A.

The Lubrizol Company

BASF SE

Dow

DuPont de Nemours, Inc.

Baker Hughes, a GE company LLC

Order a free sample PDF of the Corrosion Inhibitors Market Intelligence Study, published by Grand View Research.

#Corrosion Inhibitors Market Share #Corrosion Inhibitors Market Analysis

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