Blue Ammonia Market Share Expected to Reach $7,664 Million by 2030
The global Blue Ammonia Market is expected to grow from an estimated USD 78 million in 2023 to USD 7,664 million by 2030, at a CAGR of 62.3% according to a new report by MarketsandMarkets™. Blue ammonia is a type of ammonia that is produced using natural gas as a feedstock, but with the carbon dioxide emissions from the production process captured and stored. This makes blue ammonia a lower-carbon...
Exclusive Growth Opportunity Driving the Future of Carbon Offset/Carbon Credit Industry
The global Carbon Offset/Carbon Credit Industry is expected to grow from USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% from 2023 to 2028. The voluntary carbon market continues to play a critical role in that transition by helping to channel funding into projects that reduce carbon emissions or remove carbon from the atmosphere. Since, the need to curb global warming...
Small Modular Reactor Market Size to Hit $7.14 billion by 2030
According to a research report, the global small modular reactor market is anticipated to grow from estimated USD 6.00 billion in 2024 to USD 7.14 billion by 2030, at a CAGR of 3.0% during the forecast period. The growth in the market will be attributed to the the growing demand for clean, reliable energy and the need for greater flexibility in power generation. Their compact design allows for easier...
Exploring the Growth of Electrolyzer Market Size Amidst the Hydrogen Revolution
The global Electrolyzer Market Size is expected to reach USD 57.2 billion by 2030 from USD 0.5 billion in 2023 at a CAGR of 97.7% during the 2023–2030 period. The growing demand for cleaner fuels is one of the major factors driving the Electrolyzers Market. Global electrolyzers demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. Governments worldwide...
Exploring the Dynamics of the Sustainable Fuel Industry and Top Key Players
Globally, stronger environmental regulations and policies need a reduction in carbon emissions. Governments enforce this through carbon price, emissions trading networks, and transportation-specific regulations. These approaches promote the use of sustainable fuels in order to satisfy regulatory responsibilities. Furthermore, governments throughout the world are establishing blending regulations,...
Small Modular Reactor Companies Leading the Charge Toward Carbon-Free Energy
In the global pursuit of carbon-free energy, nuclear power is once again emerging as a viable solution. Unlike traditional large nuclear reactors, small modular reactors (SMRs) offer flexibility, safety, and efficiency on a smaller scale. SMR technology is positioning itself as a game-changer in the fight against climate change, offering an attractive option for countries seeking reliable, low-carbon...
How Hydrogen Storage is Revolutionizing Renewable Energy Solutions
Increasing global efforts to reduce greenhouse gas emissions and combat climate change play a pivotal role. Governments and organizations are incentivizing the transition to cleaner energy sources, making hydrogen an attractive option due to its potential for zero-emission energy storage and transportation. Additionally, the integration of hydrogen energy storage with renewable energy sources such...
Hydrogen Industry Size to Undertake Strapping Growth During 2030
MarketsandMarkets Research titled, “Hydrogen Industry by Sector (Generation Type (Gray, Blue, Green), Storage (Physical, Material), Transportation (Long, Short)), Application (Energy (Power, CHP), Mobility, Chemical & Refinery (Refinery, Ammonia, Methanol)), Region – Global Forecast to 2030“. The global hydrogen industry in terms of revenue was estimated to be worth $242.7 billion...
Revealed: Solid Oxide Fuel Cell Industry Growth Opportunities
The global solid oxide fuel cell industry is projected to reach USD 5.4 billion by 2028 from an estimated USD 1.4 billion in 2023, at a CAGR of 31.0% during the forecast period. The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the fuel cell generator business.
Key Market Players
Bloom Energy (US)
AISIN CORPORATION (Japan)
KYOCERA...
Hydrogen Generation Set to Reach New Heights in Response to Increasing Energy Needs
The growing emphasis on environmental sustainability, rising adoption of fuel cell vehicles, and intermittent renewable energy integration accelerate the growth of the hydrogen generation industry.
The global market for hydrogen generation is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period.
Key Market...