Electrolyzers Market Offers Lucrative Opportunities for Major Economies to Achieve Net Zero Emission Targets
An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or stored to supply other industrial processes or even medical gases, in some cases. There are four main ways that electrolyzers can be commercialized: power to mobility,...
Electric Traction Motor Market Gains Traction with the Rise of Electric Vehicles
The electric traction motor market has grown significantly in recent years, owing to the growing popularity of electric vehicles (EVs) worldwide. Electric traction motors are a critical component of electric vehicles, providing the necessary power to drive the wheels and propel the vehicle forward.
According to a latest research, ‘The global electric traction motor market is projected to...
Biorefinery Market worth $210.3 Billion by 2027
The global Biorefinery Market is projected to grow from USD 141.8 billion in 2022 to USD 210.3 billion by 2027, at a CAGR of 8.2% according to a new report by MarketsandMarkets™. New integrated biorefineries must be built in order to meet the expected growth of the biofuel market and the development of new biofuel production technologies. Concepts related to plant infrastructure of chemical plants...
Green Ammonia Market worth $5415 Million by 2030
The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period. Green hydrogen projects are increasing as many countries are focusing on investing in the development of a hydrogen-based economy. Investments in hydrogen infrastructure will subsequently bring opportunities for green ammonia...
Environmental Technology Market Expected to Grow $690.3 Billion by 2026
The global Environmental Technology Market is estimated at USD 552.1 billion in 2021 and is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecast period. Increase in demand from different verticals and a stringent government regulation is one of the major factors contributing to the high growth of the environmental technology market.
Based on technological...
Environmental Technology Market Likely to Boost Future Growth by 2026
The global Environmental Technology
Market is estimated at USD 552.1 billion in 2021 and is projected to
reach USD 690.3 billion by 2026, at a CAGR of 4.6% during the forecast period.
Increase in demand from different verticals and a stringent government
regulation is one of the major factors contributing to the high growth of the environmental
technology market.
Based on technological solutions,...
Offshore Wind Market to Witness Massive Growth by 2026
The global Offshore
Wind Market is expected to grow from an estimated USD 31.8 billion in 2021
to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore
wind is a crucial pillar in energy mix together with onshore wind for regions
such as Europe, Asia Pacific, and North America to achieve their goals
pertaining to climate neutrality. Offshore wind turbines are increasingly...
Green Ammonia Market to Surge at 90.2% CAGR till 2030
The global Green
Ammonia Market size is projected to grow from USD 16 million in 2021 to
reach USD 5,415 million by 2030, at a CAGR of 90.2% during the forecast period.
Green hydrogen projects are increasing as many countries are focusing on
investing in the development of a hydrogen-based economy. Investments in
hydrogen infrastructure will subsequently bring opportunities for green ammonia
production...
Green Ammonia Market expected to Grow $5,415 Million by 2030
According to the new market research report
“Green
Ammonia Market by Technology (Alkaline Water Electrolysis (AWE),
Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE)), End User
(Transportation, Power Generation, and Industrial Feedstock) and Region –
Global Forecast to 2030″, published by MarketsandMarkets™, The global Green
Ammonia Market size is projected to...
AT CAGR of 54.9%, Green Ammonia Market to Hit $852 Million by 2030
The global Green
Ammonia Market is projected to reach USD 852 million by 2030 from an
estimated USD 11 million in 2020, at a CAGR of 54.9% during the forecast
period.. The rising investments in green fuel and large scale green energy
plans in Europe and North America, drives the green ammonia market in the
region. Moreover, increasing adoption of electric vehicles leads to renewable
energy deployment...