Green Revolution in North America: Biorefinery Industry to Reach $314.62 Billion by 2029
The global Biorefinery Industry is expected to grow from estimated USD 212.05 billion in 2024 to USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. The US biorefinery market is an emerging sector in the global market and is expected to grow exponentially with increased demand for renewable energy fuels that biorefineries can produce biofuels and bio-based products. Feedstocks...
Biorefinery Market Share Expected to Reach $314.62 Billion by 2029
The global Biorefinery Market Share is anticipated to grow from estimated USD 212.05 billion in 2024 to USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. The growth in the market will be attributed to the rise of demand for biofuels and biobased chemicals and material across various geographies. Government policies and regulations for the adoption of biofuels across various...
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...
Cell to Pack Battery Market Share: Key Players and Regional Insights Driving Growth
The Cell to Pack Battery Market Share is poised for remarkable growth, reaching $79.0 billion by 2033. This innovative technology, which eliminates traditional battery modules, is redefining the energy storage landscape by improving energy density, efficiency, and cost-effectiveness. The market share of leading players such as CATL, BYD, and Tesla continues to expand, driven by strategic investments...
2024 Outlook: Rising Trends in the Carbon Footprint Management Industry
Implementation of COP27 targets to restrict global warming and an increase in demand for energy consumption by industries are expected to propel the growth of the global carbon footprint management market. Moreover, the swelling demand for energy consumption by industries is also positively impacting the growth of the carbon footprint management market.
The global carbon footprint management industry...
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...
EV Cables Market Size, Share, Growth & Forecast 2028
The Global EV Cables Market Share is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand for electric vehicles. Also, heavy R&D activities by EV cable manufacturers to develop EV cables for automobiles are expected to push the growth...
Hydrogen Generation Market Analysis: Size, Share and Forecast for 2023-2028
The global hydrogen generation market size 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. The growing emphasis on environmental sustainability, rising adoption of fuel cell vehicles, and intermittent renewable energy integration accelerate the growth of the hydrogen generation market.
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Green Ammonia Market May Reach to $6.2 Billion by 2030 at CAGR of 66.0%
The global Green Ammonia Market in terms of revenue was estimated to be worth $0.3 billion in 2024 and is poised to reach $6.2 billion by 2030, growing at a CAGR of 66.0% from 2024 to 2030 according to a new report by MarketsandMarkets™.
Green ammonia may be produced using renewable energy sources such as wind and solar power. This integration promotes the use of excess renewable energy, which...
Green Ammonia: The Next Big Thing in Renewable Energy
Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It extracts hydrogen from water, while nitrogen is removed from the air using an air separation unit. In this process, hydrogen and nitrogen react at high temperatures and pressures to produce ammonia. Rising investment...