Base Oil Demand and Market Revenue is Estimated to Reach 41,441.3 Kilo Tons and USD 46,724.3 million by 2020

Transparency Market Research has released a new market report titled Base Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020. According to this report, the global demand for base oil stood at 36,168.4 kilo tons in 2013 and is projected to reach 41,441.3 kilo tons by 2020. In terms of market revenue, the global base oil market was valued at USD 40,599.6 million in 2013 and is anticipated to reach USD 46,724.3 million by 2020 at a CAGR of 2.1% from 2014 to 2020.

Base oils are primarily utilized for the manufacture of lubricants. Depending upon their chemical composition, base oils are classified as either paraffinic or naphthenic. Base oils are generally obtained from secondary processing units in refineries. Post-production, these base oils are sent to blending plants where they are used for manufacturing finished lubricants. This report segments the global base oils market into its respective API groups as Group I, Group II, Group III, and others. The others segments comprises Group IV and Group V base oils. Each of these API groups has been sub-segmented into its respective grades in this report. The Group I base oils have been sub-segmented into SN150, BS150 (Bright Stock), SN500, and others. Group II base oils were sub-segmented as 150N, 500N, 600N, and others. The Group III base oils were further sub-segmented as 4cSt, 6cSt, and others.

Group I base oils currently account for the largest share globally, both in terms of production and consumption. However, Group I base oils are rapidly losing out on market share owing to brisk substitution by Group II and Group III base oils. Both Group II and Group III base oils are of a higher quality, which are capable of meeting emission norms in vehicles and conforming to the performance standards of new machinery.

This shift in consumption from Group I base oils to other high purity base oils has been observed acutely in certain regions and moderately in others. As Group I consumption gradually declines in numerous regions across the world, there is a downward pressure on prices. This significantly hampers the profit margins of Group I producers, owing to which numerous plants have resorted to shutdowns in the recent past. On the contrary, owing to rapidly rising consumption of both Group II and Group III base oils, new production capacities for the same are being added globally. The maximum production capacity that will be added by 2020 is likely to be for Group II base oils, followed closely by Group III. No investments have been planned for the Group I base oil sector, and none can be expected in the future as well.


base-oil-demand-market

The base oils market has been segmented on the basis of application into industrial oils, process oils, industrial oils, metalworking fluids, hydraulic oils, and others. The automotive oils segment accounted for the major share of base oil consumption globally at 45.0% in 2013. Increasingly stringent emission control legislations and rapidly evolving performance standards for vehicles have led to a shift in base oils being used for automotive lubricant formulation.

The automotive industry currently prefers using high quality Group II and Group III base oils for lubricant formulation, rather than Group I. A similar trend may be observed in the industrial oils segment, which increasingly prefers Group II base oils instead of Group I. It has been observed that certain grades of Group I such as SN500 can be perfectly substituted by 500N grade of Group II base oils. Owing to the numerous performance advantages offered by high quality base oils to a production line, the rate adoption of Group II base oils is likely to be significantly high during the forecast period.


In terms of geography, the global base oils market was segmented as North America, Asia Pacific, Europe, Central & South America, and the Middle East & Africa. Asia Pacific was the largest consumer of base oils globally, accounting for 39.7% of the global market share in 2013. The Asia Pacific is likely to remain the dominant consumer of base oils globally in 2020 as well, mainly on account of numerous fast developing economies such as India and China in the region. Group I consumption is likely to remain prominent in Asia Pacific, MEA, and South America during the forecast period. Lack of stringent emission standards in these regions is likely to offset rapid substitution of Group I base oils with higher grades during the forecast period. On the contrary, both North America and Europe are likely to emerge as highly attractive markets for Group II and Group III base oils during the forecast period.


North America is set to emerge as one of the major production hubs for Group II base oils in the future. Owing to insufficient domestic demand, Group II producers in the region are likely to export their surplus production to Latin American countries and Europe. The Middle East is similarly set to emerge as one of the leading producers for Group III base oils during the forecast period. Owing to a relatively underdeveloped market for such high quality base oils in markets in the Middle East, refiners in this region are also likely to target Western European countries for exporting production. Owing to the regional imbalance of supply and demand for various groups of base oils, the portfolio of inter regional trade is likely to become more complex during the forecast period. An oversupply of both Group II and Group III base oils might be observed globally in the mid-term future. This might culminate into a downward pressure on base oil prices, or force numerous old base oil plants with higher operating expenditures to close down.


Browse the full Base Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/base-oils-lubes-market.html

The global base oil market has been segmented as follows:
Global Base Oil Market: Product Segment
Group I
SN150
BS150
SN500
Others
Group II
150N
500N
600N
Others
Group III
4cSt
6cSt
Others
Others
Global Base Oil Market: Application Segment
Automotive Oils
Industrial Oils
Process Oils
Metalworking Fluids
Hydraulic Oils
Others
Global Base Oil Market: Regional Segment
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa



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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.


Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Smart Grid Market is Expected to Reach USD 118.12 billion in 2019

According to a new market report published by Transparency Market Research “Smart Grid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” global smart grid market was valued at USD 37.7 billion in 2012 and is expected to reach 118.1 billion in 2019, growing at a CAGR of 18.2% from 2013 to 2019.



Unbalanced nature of demand of power supplemented by increasing transmission and distribution losses coupled with policy and regulation for smart grid are expected to bolster the demand for the global smart grid market. Additionally, increasing need of reliable, secure, and quality of power supply and the increased efficiency achieved through the grid optimization is anticipated to augment the demand for the global smart grid market. Lack of interoperability and open standards can hamper the growth in the market. However, emerging option of prepayment of electricity with the deployment of advanced metering infrastructure is expected to offset the growth restraints, and further boost the growth in the global smart grid market.



Key technology analyzed in this market study includes: advanced metering infrastructure, distribution automation, software and hardware, communication technologies, transmission upgrades, and cyber security. Transmission upgrades held a majority of the global market share followed by the distribution automation, and advanced metering infrastructure technologies in 2012. The demand for an efficient, reliable, and secure interstate transmission and distribution network that can integrate renewable sources of energy, presently stranded worldwide, is expected to bolster the demand for transmission upgrades. However, with the market for transmission upgrades is expected to mature in the future. With the electrical transmission and distribution infrastructure upgrades, the utilities are expected to successfully integrate renewable sources of energy as well as the other smart grid technologies. The global market for smart grid technology is likely to grow at a CAGR of 18.2% between 2013 and 2019.
smart-grid-market



Asia Pacific is expected to dominate the global market for smart grid in 2012, accounting for more than 45% of the global market share. Increasing investment coupled with the rising demand for smart grid technologies, and higher transmission and distribution losses attributed to the adoption of smart grid in the region. Asia Pacific is expected to capture additional market share by 2019; however, the regional rankings in terms of market share are likely to remain same over the forecast period. Key players in the market include Sensus, Silver Spring Networks, Siemens, Landis+Gyr, Schneider Electric, Itron, Aclara, Alstom among others. The research analyzes and estimates the market of smart gird in the global scenario, providing detailed trend analysis of the market by technology and geography, and as well the comprehensive analysis of the companies that are dealing in the global smart grid market.



Browse the full Smart Grid (Advanced Metering Infrastructure, Distribution Automation, Software and Hardware, Communication Technologies, Transmission Upgrades, and Cyber Security) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/smart-grid-market.html


The report presents a thorough assessment of the strategies followed by different smart grid stakeholders by segmenting the smart grid market as below:



Global Smart Grid Market: Technology Analysis
Advanced Metering Infrastructure
Distribution Automation
Software and Hardware
Communication Technologies
Transmission Upgrades
Cyber Security



Global Smart Grid Market: Geography Analysis
North America
United States
Canada
Europe
Italy
Germany
United Kingdom
France
Spain
Asia Pacific
China
India
Japan
Rest of the World

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.




Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Global Wave and Tidal Energy Market is expected to reach USD 10.10 billion in 2020

Transparency Market Research has released a new market report titled “Wave and Tidal Energy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the wave and tidal energy market was valued at USD 25 million in 2013 and is anticipated to reach USD 10.1 billion in 2020, expanding at a CAGR of 64.1% from 2014 to 2020.



When harnessed effectively, ocean could prove to be one of the largest reserves of clean and sustainable energy. Wave and tidal energy are the two major forms of harnessing ocean energy. These have significantly different market dynamics. Tidal energy can be broadly segmented into tidal stream and tidal range energy. Tidal range power plants entail construction of tidal barrages. This is a mature form of energy generation technology. Commissioned in 2011, the Sihwa Lake Tidal Power Station with 254 MW capacity replaced France’s Rance Tidal Power Station as the largest tidal power plant in the world. Tidal stream power plants are a relatively new technology with ample scope for development. Wave energy is a relatively new concept; the installed capacity aggregated just 5.77 MW in 2013. Both the sectors are likely to experience significant market growth in terms of installed capacity and investments in the near future.



Currently, more than 200 companies operate in the wave and tidal energy sector. Most of these players are extensively involved in the business of development of energy converter technology. Both wave and tidal stream technologies have significant potential of reaping benefits of economies of scale.



Large-scale commercial array deployments of wave and tidal power plants are projected to be followed by massive cost reductions. Strong development of the offshore wind energy sector in many countries around the world can contribute significantly to cost reduction potential of wave and tidal energy. The path from prototype testing and project demonstration to large-scale commercial project construction is a long one. Constant financial and policy support from local governments is imperative for technology developers for brisk commercialization of their energy converter devices. Currently, the industry structure is fragmented in nature. It is difficult to ascertain whether the industry would consolidate in the near future. However, establishment of special purpose project companies and strategic alliances would be imperative for small technology developers to invest in projects around the world.



Major developments in wave and tidal stream plants are expected to take place in Europe. On the other hand, South Korea is estimated to grow the fastest in terms of tidal barrage operations. In terms of installed capacity, the wave and tidal energy market is projected to reach 3712 MW by 2020, expanding at a CAGR of 34.5% from 2014 to 2020. This market would be primarily led by addition of large-scale tidal barrage capacity in South Korea. Wave energy development in Asia Pacific would be concentrated in Australia. The country is likely to add nearly 25 MW of capacity by the end of 2020. Currently, only tidal barrages are capable of generating returns on investments through the sale of electricity. Both tidal stream and wave power plants are still not capable of generating power at grid parity levels. Commercialization of technology is the need of the hour for this sector. Otherwise, it would be difficult for project developers to sign long-term power sale contracts. Reduction in costs would become a necessity as the sector shifts from grant financing to private equity and debt financing.



Key players in the market include Pelamis Wave Power Ltd., Carnegie Wave Energy Ltd., Marine Current Turbines Ltd. and Aquamarine Power. The report provides an overview of these companies, followed by their financial revenue, business strategies and recent developments. The research analyzes and estimates the performance and market of wave and tidal energy globally. It provides a detailed trend analysis of the market in terms of geography and comprehensive analysis of companies that deal in wave and tidal energy systems. The report provides a thorough assessment of strategies followed by different stakeholders by segmenting the wave and tidal energy market as follows:



Browse the full Wave and Tidal Energy Market report at http://www.transparencymarketresearch.com/wave-tidal-energy-market.html



Wave and tidal power generation market: Type analysis



Wave energy
Tidal energy



Wave and tidal power generation market: Geography analysis



North America
The U.S.
Canada



Europe
The U.K.
Scotland
France
Others



Asia Pacific
South Korea
Australia
China
Others



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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.




TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

The Production of Global Biofuels Market is expected to Reach 50,921.4 million gallons by 2019

According to a new market report published by Transparency Market Research (www.transparencymarketresearch.com) “Biofuels Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019,” biofuels production was 24,326.7 million gallons in 2012 and is expected to reach 50,921.4 million gallons by 2019, growing at a CAGR of 9.6% from 2013 to 2019.



Biofuels is a class of fuels whose energy is derived biologically from carbon fixation. They are derived from various conversion procedures from solid biomass, liquid fuels and various gases. Liquid produced from various oil-rich crops and are grown in many regions across the globe. With the growing demand for energy across the globe, the biofuels market is witnessing large amounts of investments to ensure a permanent source of clean energy. There has been a tremendous increase in the demand for biofuels since they are naturally derived and can replace non-renewable resources.



The global market for biofuels is experiencing a steady growth over the last few years due to the rise in population and due to the increased awareness amongst the population. One of the major factors propelling the growth of biofuels is that they are derived from biological processes and are eco-friendly in nature. Liquid biofuels can be manufactured from any oil-rich crop like sunflower, oil palm and soy which can be grown in all the regions around the world. Liquid biofuels can also be obtained from fish, oil or poultry products which are the byproducts of the food industry, which also helps in eliminating waste products.



Geographically, North America has the largest market share due to the increased awareness amongst the population and stringent environmental regulatory policies. Europe is also experiencing steady growth. Developing economies like China, India, and Russia are also experiencing steady growth and it is expected to increase substantially for the next six years. Liquid not only used in transport, but are also used in commercial heating processes. They can significantly help in reducing carbon emissions and can be a key renewable energy source. With new environmental regulations, stringent government policies, and depleting natural resources, the demand for biofuels is likely to increase. Analysis and forecasting of global biofuels market is given by fuel type, by form analysis and region mentioned below:



Browse the full Biofuels Market report at http://www.transparencymarketresearch.com/liquid-biofuels-market.html



Biofuels Market: By Fuel Type
Bioethanol
Biodiesel
Biofuels Market: By Form Analysis
Solid (fuel pellets, biochar, biocoal)
Liquid (bioethanol and biodiesel)
Gaseous (biogas, biopropane, syngas)
Biofuels Market: Regional Analysis
North America
Europe
Asia Pacific
RoW
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About Us



Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.



Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business

Permian Basin CO2 EOR Market is expected to reach 329,069 barrels per day in 2019

Transparency Market Research (www.transparencymarketresearch.com) has released a new market report titled “CO2 EOR Market - Permian Basin Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019.” According to the report, the CO2 EOR market in the Permian Basin accounted for 195,000 barrels per day in 2012 and is anticipated to reach 329,069 barrels per day in 2019, expanding at a CAGR of 7.0% from 2013 to 2019.



CO2 enhanced oil recovery technology has been proved as the most viable and commercially profitable in the U.S. Permian Basin region based in West Texas has experienced the development and expansion of the CO2 EOR market with growing number of project with large capacity addition to the existing fields. Permian Basin is creating the demand for low cost and highly pure CO2 sourced from natural CO2 reservoirs; however, the trend is expected to change in the near future with emergence of new industrial CO2 capture and storage projects. Therefore, an extensive CO2 supply pipeline network has been developed in this region. This extensive network helps to meet the upward CO2 demand from CO2 EOR sub-industry.



Out of all the three major methods of enhanced oil recovery (EOR) namely, thermal, gas/CO2 and chemical; gas/CO2 method has been growing at a quick pace In the Permian Basin. It utilizes carbon dioxide as an injectant gas to stimulate the extraction of crude oil. CO2 as an injectant provides numerous advantages over other EOR techniques as it has neutral behavior and doesn’t affect the chemical composition and quality of crude oil. Thus, development of large CO2 stations in the Permian Basin region has been driven by the EOR demand; however, being driven by the CO2 EOR market, the Permian Basin CO market is now driving the growth of the CO2 EOR.



Strong supportive regulatory framework in the Permian Basin CO2 EOR market is also drives the development of CO2 supply sources and thus the CO2 EOR market in the Permian Basin. The state and local government norms not only provide tax concession but also provide some incentives for carbon capture and storage. Permian Basin CO2 EOR market has dominated the global CO2 EOR market in terms of oil production as well as number of projects. There is presence of over 127 CO2 EOR projects which accounts for more than half of the global CO2 EOR market.



Permian Basin’s high amount of oil in place creates a huge opportunity for the upcoming EOR projects. Major players or operators in the Permian Basin are involved in the development strategies such as acquisition in order to penetrate the market and expand the production capacities. Major operators involved in the production of oil from the Permian Basin CO2 EOR fields are Chevron Corporation, ConocoPhillips Co., ExxonMobil Corporation, Hess Corporation, Kinder Morgan, Inc., Occidental Petroleum Corporation and Whiting Petroleum Corporation.



Browse the full CO2 EOR Market report at http://www.transparencymarketresearch.com/co2-eor-market.html


Permian Basin CO2 EOR Market: Revenue Analysis
For Favorable Market Conditions
For Unfavorable Market Conditions
Permian Basin CO2 EOR Market: Region Covered
Permian Basin, West Texas
Permian Basin CO2 EOR Market: CO Supply Analysis
CO2 Supply Status in the Permian Basin, West Texas in Terms of Volume

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About Us



Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.



TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Bunker Fuel Consumption and Market Revenue is estimated to reach 460.00 million tons and USD 292.42 billion by 2020

Transparency Market Research has released a new market report titled Bunker Fuel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020. According to the report, the global bunker fuel market stood at 372.30 million tons in 2013 and is expected to reach 460.00 million tons in 2020 at a CAGR of 3.1% from 2014 to 2020.



Bunker fuel prices account for over 70% of the cost of operating a vessel. Any substantial fluctuations in fuel prices will have a knock-on effect on profit margins of shipping agencies. In the bunkering industry, there are two primary kinds of fuel currently being used: distillate fuel and residual fuel. Among the two, residual fuel accounted for the majority share of the global bunker consumption in 2013. However, with the decreeing of major transit routes as emission control areas (ECAs), the fuel consumption trend is anticipated to change gradually in future. The vessel operators sailing in ECAs have to switch to low sulfur and middle distillate fuels to comply with the sulfur limits imposed in these areas. Securing bunker fuel of an acceptable quality depends on several factors such as the bunkering port, choice of suppliers, and blending facilities available in the port. The bunker fuels traded by supplying companies should meet the fuel specifications set out in ISO 8217. Several bunker testing agencies have been established to monitor and ensure that shipping agencies meet the fuel specifications.



Browse the full Bunker Fuel Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 – 2020 report at http://www.transparencymarketresearch.com/ bunker-fuel-market.html



Currently, Asia Pacific is a major market for the bunker fuel industry, with Singapore and China being the primary contributors to this market. Increasing traffic of containerized vessels and oil tankers in the Asia Pacific region are some of the major factors driving investments in the marine fuel industry. Europe closely follows the Asia Pacific segment in terms of consumption of bunker fuel. Russia is the major supplier of fuel oil lies in this region and as a result, fuel suppliers are able to supply fuel at comparatively lower prices in Europe. The bunkering port facilities in Europe are also highly developed, which culminates into low turnaround times for vessels fueling in the region. Several ports such as Rotterdam, Antwerp, and Piraeus have emerged as major bunkering destinations in this region. The North Sea and Baltic Sea areas of Europe have been declared as ECAs. As a result, shipping agencies operating in these areas have taken initiatives to use clean marine fuel grades in the ECAs.



bunker-fuel-market
The marine fuel grades have been broadly segmented into four major categories: IFO 380, IFO 180, IFO Others, and MDO/MGO. The IFO Others segment includes fuel grades IFO 500, IFO 700, LS 380, and LS 180. IFO 380 is the most traded marine fuel oil grade globally, is easily available at all bunkering destinations in the world, and is more economical when compared to other fuel grades. The requirement for bunker fuel is relatively high in bulk and general cargo vessels. Bulk carriers are generally used for transporting coal, steel, and iron, among others. However, the major demand centers for these commodities such as China have been recently exhibiting a decreasing trend in demand. On the other hand, the requirement for bunker fuel in the container ships segment is anticipated to grow at a substantial rate in the future. Rapidly increasing demand for manufactured and finished goods especially in developing countries of Asia Pacific is the major factor that has led to increasing trade of containerized cargo.



This research has been designed to estimate, analyze, and forecast market volume and revenue of the bunker fuel market. It provides an in-depth analysis of the market size of marine fuel in terms of volume (Million Tons) and revenue (USD Billion). Key players in the market include Chemoil Energy Limited, Aegean Marine Petroleum Network, Inc., World Fuel Services Corporation, Gazpromneft Marine Bunker LLC, BP Marine Ltd., and Bunker Holding A/S. The report provides an overview of these companies, their financial revenues, business strategies, and recent developments. The research analyzes and estimates the performance of the market for bunker fuel globally. It provides a detailed trend analysis of the market in terms of geography and offers a comprehensive analysis of companies that supply bunker fuel to shipping companies. For a better understanding of the bunker industry, the market has been segmented as below:



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Bunker Fuel Market: Fuel Grade Analysis
IFO 380
IFO 180
IFO Others
MGO/MDO
Bunker Fuel Market: End User Analysis
Container Vessels
Tankers Vessels
Bulk & General Cargo Vessels
Other Vessels
Bunker Fuel Market: Seller Type Analysis
Major Oil Companies
Leading Independent distributors
Small Independent distributors
Bunker Fuel Market: Regional Analysis
North America
Europe
Asia Pacific
Middle East
Rest of the World



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About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.




TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Building Applied Photovoltaics (BAPV) Market Is Expected To Reach 716.7 MW (annual installations) Globally By 2020

Transparency Market Research has released a new market report titled Building Applied Photovoltaics (BAPV) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2020, which defines and segments the global BAPV market with analysis and forecast of the global volume in terms of annual installations (MW) and revenues (USD Million). This report observes that the annual installations of BAPV were 313.4 MW in 2013. This is expected to reach 716.7 MW by 2020at a CAGR of 12.6% from 2014 to 2020.

The key product segments analyzed in this study include rooftop and facades. In terms of volume, rooftop was the largest BAPV segment, accounting for around 54% market share in 2013. The facades segment is witnessing significant demand owing to growing applications in commercial and industrial sectors. Therefore, it is expected to be one of the fastest growing product segments in the next two to four years. BAPV modules are externally retrofitted on building structures; therefore, presence of old building structures is anticipated to offer new opportunities for BAPV products. This in turn is bolstering the overall market growth. Europe and North America have initiated practicing Feed-in Tariff (FIT) schemes, which helps in receiving guaranteed inflation-linked tax-free income. This scheme allows end users to generate electricity through BAPV systems and supply surplus electricity generated to the conventional power grid. The end users are paid in return for supplying surplus electricity to the conventional power grid as per regional policies. Rising energy prices along with supportive incentive schemes by several governments are likely to drive market growth over the next few years.

Browse the full Building Applied Photovoltaics (BAPV) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2020 report at http://www.transparencymarketresearch.com/building-applied-photovoltaics-market.html

building-applied-photovoltaics-market

Growing awareness and global acceptance with strong regulatory support across various regions are anticipated to augment growth of the BAPV market. Simplicity and cost-effectiveness of the Zero Energy Building (ZEB) concept are likely to offer new opportunities for the BAPV market in the next few years, thereby enhancing demand for BAPV products. Relatively high cost compared to conventional electricity cost per watt has hindered growth of the BAPV market. Though high cost barrier to market growth is expected to be overshadowed over the next few years with technological development and cost-effective solutions.

The rooftop segment witnessed substantial demand in 2013; however, growing popularity of the facades segment is likely to boost its growth rate. North America dominated the global BAPV market in 2013, accounting for over 31% market share. Financial stimulus provided by the U.S. and Brazilian governments through the SunShot initiative has boosted growth of the BAPV market in recent years. Europe was the second-largest market for BAPV products, accounting for over 28% market share in 2013. The global BAPV market witnessed significant growth during the recent past, primarily due to implementation of strict environmental regulations. Asia Pacific is a lucrative market for commercial development and business expansion and is anticipated to bolster growth of the BAPV market during the forecast period.

Some of the key players including First Solar, Inc., Ascent Solar Technologies, Inc., Pythagoras Solar Ltd., Sapa Solar, and Centrosolar AG dominated the BAPV market, accounting for over 40% market share in 2012. Other companies such as Power Film, Inc., Suntech Holding LLC, and United Solar Ovonic LLC are some important players in the BAPV market.

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BAPV Market: Product Segment Analysis

Rooftop

Facades

Others

BAPV Market: Regional Analysis

North America

Europe

Asia Pacific

Rest of the World (RoW)

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About Us:

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts to always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Microgrid Capacity and Market Revenue is Estimated to Reach 9,347.6 MW and USD 35,186.0 Million by 2020

Transparency Market Research has released a new market research report titled Microgrid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020. According to the report, the global microgrid capacity stood at 3,600.0 MW in 2013 and is projected to reach 9,347.6 MW by 2020. In terms of market revenue, the Global Microgrid Market was valued at USD 9,841.8 million in 2013 and is anticipated to reach USD 35,186.0 million by 2020, growing at a CAGR of 20.7% between 2014 and 2020.



Rapid rise in global demand for energy, spurred by demographic and economic growth is expected to drive the Global Microgrid Market. To achieve the goal of energy security, governments across the world are investing in sustainable energy development projects. Power generation through microgrids, using renewable energy sources, is one such step towards achieving energy security without compromising on environmental norms. A microgrid enables local electricity generation, energy storage, and power consuming devices to operate independently of the macro-grid. Microgrids can be operated either in non-autonomous or autonomous mode. A microgrid offers several advantages as compared to conventional grids. Some advantages include increased power reliability owing to less number of power outages, improved quality of power on account of less transmission losses in the grid, and availability of power at lower rates to end consumers owing to integration of renewable energy resources in the microgrid.



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Grid-tied microgrid is expected to dominate the market in terms of revenue. Increasing cost of electricity and frequently occurring power outages are driving the market for the grid-tied segment. Moreover, government policies promoting the use of renewable energy sources such as solar, wind, and geothermal is anticipated to propel the demand for grid-tied microgrids. Lack of grid connectivity, especially in rural areas, is a key factor driving growth in the remote microgrid segment. Moreover, advancement in energy storage technologies and reducing cost of electricity generated through renewable energy resources is likely to fuel additional demand in the remote microgrid segment.



The campus and institutions segment is estimated to dominate the microgrid market over the forecast period. Government funding for promoting development of renewable energy sources at campuses and institutes is anticipated to be one of the major factors driving growth in this segment. The defense and military segment is expected to drive major growth in the North American region; driven by the need for improved energy security and reliability. The remote islands segment is estimated to grow at the highest rate in future. The global microgrid market was dominated by North America in 2013. The demand in this region is driven by increased rate of microgrid adoption in the military and institutes segments. North America was followed by Asia Pacific and Europe. Significant spending on microgrid research and development activities, rapidly increasing demand for power, and poor grid infrastructure in countries such as India are some of the major factors behind the rapid growth in Asia Pacific. Asia Pacific is projected to grow at the highest rate, primarily led by countries such as Japan, China, and India.



Key players in the market include: Chevron Corporation, Power Analytics Corporation, GE Energy Management, Pareto Energy, and Siemens AG. The report also profiles market players such as ABB, Echelon Corporation, Honeywell International, Inc., Schneider Electric, S&C Electric Company, Toshiba Corporation, Viridity Energy, Inc., and ZBB Energy Corporation.



microgrids-market


The research study analyzes and estimates the market size in terms of microgrid capacity (MW) and market revenue (USD Million). The report covers the product and application segment and provides region-wise data in terms of capacity and revenue. The report provides historical data, detailed analysis, and statistically refined forecast (2014 – 2020) for the product, application, and geographical segments. The research also provides comprehensive analysis of key market players operating in the microgrid market.



Browse the full Microgrid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020 report at http://www.transparencymarketresearch.com/microgrids-market.html

The research study has been segmented as below:
Global Microgrid Market: Product Segment
Grid-tied (Grid Connected)
Remote (Off-grid)
Global Microgrid Market: Application Segment
Campus and Institutions
Community and Utility
Commercial and Industrial
Defense and Military
Remote Islands
Global Microgrid Market: Regional Analysis
North America
Europe
Asia Pacific
Rest of the World (RoW)



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About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Biochar Market is Expected to Reach 300 Kilo tons and USD 572.3 Million by 2020 in terms of Voume and Revenue respectively

Transparency Market Research has released a new market report titled “Biochar Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global Biochar market revenue was valued at USD 229.3 Million in 2013 and is expected to reach USD 572.3 million in 2020, at a CAGR of 14.8% from 2013 to 2020. Also, the global commercial Biochar production is expected to surge from 100 Kilo tons to 300 Kilo tons at a CAGR of 20.1% from 2013 to 2020.

Biochar is a byproduct of charcoal and is obtained by thermal gasification or pyrolysis of charcoal. Biochar improves the soil quality thereby reducing green house gas emissions and also possesses the potential to make more attractive business for renewable energy, fueling the global market for biochar in the coming years. Moreover, biochar offers wide applicability for both energy and non-energy purposes. It is used as a feedstock in the power plants and also for electricity generation. The non-energy uses of biochar include its use for soil amendment, carbon sequestration, mine reclamation, adsorbents, agriculture, gardening and others.

The Major factor driving this market is the ability of biochar to increase soil fertility by carbon sequestration. Addition of biochar helps to maintain the soil carbon level and increase yields.

Browse the full Biochar Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/biochar-market.html

Certain benefits from engineered biochars in agriculture sector are as follows:

Improves water holding capacity of roots
Improves fertilizer holding capacity of roots
Improves the biological productivity of soil
Protection against soil diseases

These factors have largely benefited the agricultural sector and have proved the value of biochar product. The improved fertility of soil has several benefits such as high rate of growth of plants, less use of fertilizer, less pollution from the fertilizer and cost savings by reduced fertilizers utilization. These features will encourage the farmers to use biochar and act as driver for the global biochar market. As the biochar production technology is in its early stages of development, there are certain associated issues such as biochar handling, biochar system deployment and feedstock procurement. Moreover, biochar is a flammable substance and there are certain public safety concerns for its handling. The opportunity associated with biochar lies with its environmental friendly characteristics such as carbon sequestration, water holding capacity and soil enhancement. Additionally, the biochar industry can also provide opportunity for employment and hence poverty alleviation, alongwith the provision of better quality food, thus ensuring better health of the consumers. .Further, the standard biochar system will act as an opportunity for the global biochar market as a standardized system can be used for different business segments such as agricultural or forest.

The global biochar market segmentation is provided based on geography, technology, feedstock and application. The geographical coverage includes North America, Europe, Asia Pacific and Rest of the World (RoW). The technological segmentation is provided based on the process and equipment. The major biochar production processes are: fast, intermediate and slow pyrolysis, gasification and microwave pyrolysis whereas the continuous and batch pyrolysis kiln, cookstove and gasifiers are the equipment involved in the biochar production. Forestry waste, biomass plantation, agricultural waste and animal manure are the major feedstocks for the biochar.

Some of the key players of the biochar market included in this report are: Agri-Tech Producers, LLC, Biochar Products, Inc., Cool Planet Energy Systems Inc, Blackcarbon, Diacarbon Energy Inc and Genesis Industries. The report provides an overview of the above mentioned companies followed by their SWOT analysis, financial overview, product portfolio, business strategies and recent developments. The report also provides the overview of current policies; standards and certification programs associated with the biochar industry alongwith the recommendations for stakeholders to ensure sustainable and profitable biochar market growth.

The report provides a thorough assessment of strategies followed by different stakeholders by segmenting the geothermal power generation market as below:
Biochar Market: Geographical Analysis
North America
Asia Pacific
Europe
Rest of World (RoW)
Biochar Market: Feedstock Analysis
Forestry Waste
Biomass Plantation
Agriculture Waste
Animal Manure
Biochar Market: Equipment/Technology Analysis
Continuous Pyrolysis Kiln
Gasifier & cookstove
Microwave Pyrolysis
Batch Pyrolysis Kiln
Biochar Market: Manufacturing Process Analysis
Fast & Intermediate Pyrolysis
Slow Pyrolysis
Gasification
Microwave Pyrolysis
Biochar Market: Application Analysis
Energy based
Sources for Power Plant
Electricity Generation
Non-Energy based
Carbon Sequestration
Forestry
Mine Reclamation
Gardening
Agriculture
Others

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Petroleum Coke (Petcoke) Market is expected To Reach USD 24,117.9 Million Globally By 2020

Transparency Market Research has released a new market report titled “Petroleum Coke Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” The report defines and segments the global petroleum coke market with analysis and forecast of the global volume and revenue. According to the report, the global market for petroleum coke was valued at USD 13,288.0 million in 2013 and is likely to reach USD 24,117.9 million by 2020, expanding at a CAGR of 8.5% between 2014 and 2020.



Product segments analyzed in this study include fuel grade coke and calcined coke. Fuel grade coke is expected to be the most dominant segment in terms of global demand for petroleum coke. Emerging economies and growing population propel demand for fuel grade coke, especially in countries in Asia Pacific such as India and China. Low cost and high calorific value make fuel grade coke a preferred fuel over coal and natural gas. Majority of the fuel grade coke produced globally is used as fuel in power plants and cement industries Fuel grade coke accounted for over 72.0% of market share in 2013. Calcined coke held 26.0% of market share in 2013. Its market share is expected to reach 24.0% by 2020. Calcined coke is primarily used in aluminium industry along with paints and colorings, steel, paper and fertilizer industries for the production of titanium dioxide.



Asia Pacific dominated the global petroleum coke market in 2013. Asia Pacific is the leading market for petroleum coke with over 32.0% share of the global market in terms of revenue in the year 2013. This is primarily attributed to high demand for petroleum coke in developing economies such as India and China. Most of the petroleum coke in India and China is used in cement and power plants industries. Europe accounted for 24.0% share of the global market in 2013. Asia Pacific and Europe are likely to exhibit the highest growth rate during the forecast period. Thus, Europe and Asia Pacific are lucrative markets for petroleum coke. Hence, the petroleum coke market is anticipated to rise at a healthy rate during the forecast period.



Companies such as BP Plc, Chevron Corporation, Essar Oil Ltd, ExxonMobil Corporation, HPCL – Mittal Energy Corporation, Indian Oil Corporation Limited, Reliance Industries Limited, Royal Dutch Shell Plc, Saudi Arabian Oil Company and Valero Energy Corporation are expected to dominate the market in the near future.



Browse the full Petroleum Coke Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/petroleum-coke-market.html



Petroleum Coke Market: Product Segment Analysis
Fuel Grade Coke
Calcined Coke
Petroleum Coke Market: End-use Segment Analysis
Calcining
Power Plants
Cement Kilns
Blast Furnace
Others
Petroleum Coke Market: Regional Analysis
North America
Europe
Asia Pacific
Rest of the World (RoW)

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.a

Global Liquefied Petroleum Gas (LPG) market is expected to reach USD 299.05 billion in 2020

Transparency Market Research has released a new market report titled “Liquefied Petroleum Gas (LPG) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global LPG market was valued at USD 233.83 billion in 2013 and is anticipated to reach USD 299.05 billion in 2020, expanding at a CAGR of 3.4% from 2014 to 2020.


Liquefied petroleum gas (LPG) is a mixture of propane and butane which finds applications in multiple end user segments. LPG is primarily used by the residential and commercial segment. Within this segment, LPG is majorly used as a cooking fuel, although other uses include heating and lighting. In 2013, the residential and c

ommercial segment was the largest consumer of LPG, accounting for over 60% of the global consumption. The Autogas segment is likely to be one of the fastest growing end user markets of LPG within the forecast period. Attractive environmental benefits of using Autogas coupled with smaller payback periods for adopters are resulting in rapid adoption of LPG as a transportation fuel. Another attractive end user segment for LPG is likely to be the refinery and petrochemical segment. Large petrochemical complexes being planned around the world are likely to contribute to increased LPG consumption in certain regions.

LPG is produced through refineries, non-associated gas, and associated gas. LPG production from crude oil refining occupied the maximum market share at 41% in 2013. This was followed by the non-associated gas and associated gas categories in that order. Amidst refinery shutdowns in Europe, the refinery sector in Asia-Pacific and Russia is likely to contribute to the maximum growth in LPG production from this segment. The non-associated gas category is likely to account for the fastest growth rates in LPG production within the forecast period. Rapid exploration and production activities of gas wells both in the Middle East and Russia is likely to contribute further to this fact. LPG production from shale gas has also been accounted for within the non-associated gas category, which is further enhancing growth in this segment.



In terms of LPG production, the Middle East was the largest producer in 2013 with almost 33% of the global market share. However in terms of LPG consumption, Asia-Pacific emerged as the market leader with over 35% of market share in 2013. Large populations in Asia-Pacific, Latin America and Africa are likely to contribute to the growth of LPG consumption in the residential and commercial segments. Large petrochemical complexes planned in the Middle East are likely to account for the maximum LPG consumption for the region in the future. A similar scenario is likely to be observed in China which has large petrochemical capacity additions planned within the forecast horizon. For the Autogas segment, Europe and certain countries in Asia-Pacific are likely to remain the most attractive markets. Opportunities such as the expansion of the Panama Canal and a possible shale gas revolution in China by the end of 2016 can significantly alter the dynamics of the LPG industry. The report has analyzed companies responsible for LPG production as well as those involved in distribution and retailing of LPG.



Browse the full Liquefied Petroleum Gas (LPG) Market (Refinery, Associated Gas, and Non-Associated Gas) for Residential/Commercial, Petrochemical and Refinery, Industrial, Transportation and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/liquefied-petroleum-gas-market.html


LPG Market: Source Analysis
Refinery
Associated Gas
Non-Associated Gas
LPG Market: End User Analysis
Residential/Commercial
Petrochemical and Refinery
Industrial
Transportation
Others
LPG Market: Regional Analysis
North America
Europe
Asia-Pacific
Middle East & Africa
South & Central America



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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.



TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Latin America Drilling Fluids Waste Management Market is Expected to Reach USD 945.3 Million by 2020

Transparency Market Research has released a new market report titled “Drilling Fluids Waste Management Market: Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the market for drilling fluids waste management in Latin America was valued at USD 413.4 million in 2013 and is anticipated to reach USD 945.3 million by 2020, growing at a CAGR of 12.6% from 2014 to 2020.


Key service segments analyzed in this study include solid control, treatment & disposal and containment & handling. Treatment & disposal was the largest segment in terms of revenue, accounting for more than 35% of the market share in 2013. The segment is witnessing increased demand due to stringent environmental regulations for the treatment of drilling waste to attain the permissible level prior to its disposal. The drilling fluids waste management market in Latin America has been segmented into onshore and offshore, based on applications. Offshore segment dominated the market, constituting over 55% of market share in 2013. Offshore segment is estimated to exhibit significant growth rate as compared to the onshore segment, due to increased drilling activities in Brazil.

Brazil dominated the drilling fluids waste management market in Latin America in 2013. Factors such as increasing investments in deep and ultra-deep water reserves, primarily in Brazil, have contributed to the overall market growth. Brazil relies on offshore reserves for most of its oil production. Impending governmental supportive schemes in Argentina for shale gas exploration and production are projected to boost the drilling fluids market in the near future. This, in turn, would propel the drilling fluids waste management market.

Key players in the drilling fluids waste management market in Latin America include Schlumberger Limited, Halliburton Company, Baker Hughes Incorporated and Weatherford International Limited.

Latin-america-drilling-fluids-waste-management-market

 Browse the full Drilling Fluids Waste Management Market (By Offshore and Onshore Application): Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/drilling-fluids-waste-management.html

Latin America Drilling Fluids Waste Management Market: Service Segment Analysis
Solid control
Treatment & disposal
Containment & handling
Latin America Drilling Fluids Waste Management Market: Application Analysis
Offshore
Onshore
Latin America Drilling Fluids Waste Management Market: Country wise Analysis
Argentina
Brazil
Venezuela
Others (Rest of Latin America)

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About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Global Organic Solar Cell Market is Expected to Reach USD 97,412.1 Thousand in 2020

According to a new market report published by Transparency Market Research “Organic Solar Cell Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” global organic solar cell market was worth USD 25,518.6 Thousand in 2013 and is expected to reach USD 97,412.1 Thousand in 2020, growing at a CAGR of 21.2% from 2014 to 2020.

Wide applications for organic solar cells coupled with superior flexibility and coloring ability as compared to inorganic solar cells chiefly due to better customizing ability are the two key factors attributing to the growth of organic solar cell market. The organic solar cells are utilized substantially in the areas wherein design and flexibility are prioritized over the solar cell efficiencies. The joint efforts from various companies and research institutes have aided the cause by improving the efficiency and durability of the organic solar cells.

Demand for organic PV is accelerated by growing application in Building Integrated Organic Photovoltaic (BIPV) that employs organic materials solar cells to convert the solar energy into electric energy. Besides, Building Integrated Organic Photovoltaic (BIPV) applications the organic solar cells are also used in areas where small amount energy is required for the functioning of the devices. BIPV application segment is likely to grow at a CAGR of 24.4% from 2014 to 2020 in terms of volume owing to growing awareness of solar PV technologies and several governmental incentive schemes. The market is bolstered with increased number of buildings deploying BIPV applications for energy conversion.

The global organic solar cell market was dominated by Europe in 2013, accounting for more than 35% of the overall market in 2013. The North American region followed the European region, accounting for more than 28% market share in 2013. The presence of leading organic solar cell manufacturing companies such as Heliatek GmbH, Disa Solar and BELECTRIC OPV GmbH are major reasons for the development of organic solar cell market in Europe. The market is further driven by the government support to the companies and research institutes through funding and tax benefits. European organic solar cell market is estimated to reach USD 35,779.5 thousands by 2020, while North American market is expected to grow at a CAGR of 28.65% from 2014 to 2020 in terms of volume. Key participants in this market include Heliatek GmbH, Solarmer Energy, Inc., BELECTRIC OPV GmbH, Sumitomo Chemical Co., Ltd., Disa Solar, New Energy Technologies, Inc. and Mitsubishi Chemical Corporation. Heliatek GmbH dominated organic solar cell market in 2012 owing to their superior technology and collaborations with leading companies across the value chain. The report provides an overview of these companies followed by their financial revenue, business strategies, and recent developments.

This research analyzes and estimates the performance and market of organic solar cells market in the global scenario, providing detailed trend analysis of the market by geography and comprehensive analysis of companies that are dealing in organic solar cells. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the organic solar cell market as below:

Browse the full Organic Solar Cell Market by Application (Building Integrated Photovoltaic, Mobile Application, Conventional Solar and Defense Application) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020 report at http://www.transparencymarketresearch.com/organic-solar-cells.html

Organic solar cell market: Application analysis
Building Integrated Photovoltaics
Mobile applications (Portable devices and vehicles)
Conventional solar applications
Defense or military based applications
Organic solar cell market: Regional analysis
North America
Europe
Asia Pacific
RoW (Rest of the World)

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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

The Global Compressed Natural Gas (CNG) market is expected to reach USD 126.19 billion in 2020

Transparency Market Research has released a new market report titled “ Compressed Natural Gas (CNG) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global CNG market was valued at USD 56.32 billion in 2013 and is anticipated to reach USD 126.19 billion in 2020, expanding at a CAGR of 12.3% from 2014 to 2020.

Compressed Natural Gas (CNG) is obtained through compression of natural gas to less than 1% of the volume it generally occupies at normal atmospheric conditions. CNG is primarily used as a clean transportation fuel around the world. Use of CNG as a fuel can result in significantly lower vehicular emissions compared to gasoline and diesel. With strict emission control mandates being imposed by national governments around the world, CNG is emerging as one of the most viable clean fuels. Consumption of CNG directly depends upon the number of CNG powered natural gas vehicles in operation.

The report has sub-categorized the different CNG powered natural gas vehicle classes into four major end-user segments: light duty (LD) vehicles, medium duty/heavy duty (MD/HD) buses, medium duty/heavy duty (MD/HD) trucks and others. The others segment comprises three-wheeler CNG powered vehicles such as autos and tuk-tuks. These are generally prevalent in certain counties in Asia-Pacific and Latin America.

The LD vehicle segment occupied the maximum market share in 2013 in terms of both vehicle units and CNG consumption. The segment accounted for nearly 93% of the global CNG vehicle fleet in 2013, while its share of CNG consumption for the same year stood at around 48%. This is because the consumption profile of each vehicle category differs significantly. Light duty vehicles consume an average of 2000 cubic meters of CNG annually, while consumption by large heavy duty trucks can reach up to 32,000 cubic meters annually. Furthermore, fuel consumption by the light duty vehicle segment is subject to driving patterns of individual owners. On the other hand, heavy duty buses and trucks generally cover long distances on a daily basis. Owing to these factors, large bus and truck fleet owners are finding it increasingly profitable to convert their existing vehicles to CNG. These large vehicles can obtain brisk payback periods to the tune of 2.5 years, while payback periods for passenger vehicles are generally over four years. National governments around the world have passed strict vehicular emission mandates and are increasingly supporting the adoption of CNG as transportation fuel. Many governments have even mandated the conversion of existing public buses to CNG. Governments have also taken active steps to convert long haul trucks to CNG.



The LD vehicle segment is likely to retain its position as the fastest growing market during the forecast period. Significant initiatives have been taken to convert buses and trucks to CNG; however, these are limited to certain regions. The LD vehicle segment is anticipated to witness attractive growth rate across all the regions. CNG cannot be directly produced from natural sources. Therefore, production sources of CNG have been assumed to be the same as that of natural gas. The source segment analysis of the CNG market has been sub-segmented into associated gas, non-associated gas and unconventional methods.


Currently, non-associated gas holds the highest share in terms of CNG production, followed by associated gas and unconventional methods. Sluggish crude oil production and aging oil wells are estimated to result in a decrease in market share of the associated gas segment. This is projected to give way to unconventional gas. Unconventional gas is likely to be one of the fastest growing markets for CNG production in the near future due to the shale gas boom in the U.S. coupled with imminent shale gas production in China towards the end of 2016. Other factors such as the expansion of the Panama Canal are anticipated to throw open trade routes between North America and Asia-Pacific. This is estimated to put downward pressure on natural gas prices. Overall, the market for CNG seems promising around the globe; attractive growth rate in consumption can be expected throughout the forecast period.


Browse the full Compressed Natural Gas (CNG) Market (By End-Use - Light Duty (LD) Vehicles, Medium Duty/Heavy Duty (MD/HD) Buses, Medium Duty/Heavy Duty (MD/HD) Trucks) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at http://www.transparencymarketresearch.com/compressed-natural-gas.html



CNG Market: Source Analysis
Associated Gas
Non-Associated Gas
Unconventional Methods
CNG Market: End-User Analysis
LD Vehicles
MD/HD Buses
MD/HD Trucks
Others
CNG Market: Regional Analysis
North America
Europe
Asia-Pacific
The Middle East & Africa
South & Central America



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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.



TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Shale Gas Market is expected to Reach 17,201.6 Bcf Globally by 2019

Transparency Market Research published a new report titled as “Shale Gas Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019," which stated that the global shale gas production was 10,138.2 Bcf in 2012 and is expected to reach 17,201.6 Bcf by 2019, growing at a CAGR of 7.9% from 2013 to 2019.

Shale gas is a type of unconventional gas that is trapped within organic-rich shale formations. It is extracted through a combination of hydraulic fracturing and horizontal drilling techniques that allows a large volume of shale gas to be produced. The global demand for shale gas is constantly increasing due to the rising depleting energy reserves all over the world. The world’s focus is now on unconventional sources of energy that are cost-effective and more on the natural side. Shale gas is the best illustration in this revolution.

The wide economical production of shale gas has bolstered immense growth in the natural gas industry in the U.S. Currently, the U.S. dominates the shale gas market in terms of production, as well as revenue, but contamination of surface water and cost of production are expected to hinder the growth in this market in the near future. Shale gas in the U.S. accounts for 36 percent of total natural gas production in the country.

The market study in this report focuses on estimates and forecasts of the global shale gas market in terms of volume (Bcf) and revenue (USD billion) from 2013 to 2019. The report analyzes value chain components at each stage and discusses the major driving and restraining factors for the shale gas market and emerging opportunities in the near future.

The shale gas market in the U.S. is segmented into five sectors based on end-user: Power Generation Sector, Industrial Sector, Residential Sector, Commercial Sector, and Transportation Sector. The progressive growth of shale gas in North America has motivated other countries such as China to invest in this industry. Also, abundant availability of technically recoverable reserves and rapid development of shale gas seen in North America is turning out to be extremely advantageous for petrochemical producers in the country. This aspect helps them to bring down their raw material and energy costs reducing reliance on natural resources.

Similar to conventional natural gas usage, shale gas is also used in various applications such as industrial, power generation, commercial, residential, and transportation. Such a pressing demand for shale gas from all the above applications and places in the world drives the production of shale to achieve higher growth in the global market. Another significant factor that primarily drives the growth of shale gas is the focus on decreasing the dependability on conventional gas sources. Over the years, there have been high investments made by Asian companies and collaborations with foreign players in the field of shale that have propelled high growth in this market.

Browse the full Global Shale Gas Market report at http://www.transparencymarketresearch.com/shale-gas.html

Under this market segment, the unconventional gas accounted for 44% of the total technically recoverable gas until 2012, whereas shale gas represented two-third of the unconventional sources. Nevertheless, there is still a large chunk of the world’s technically recoverable unconventional gas zone remaining to be discovered in places like the U.S. and China. While, the two major countries such as the Eastern Europe and Eurasia accounted for over 60% of conventional gas resources and nearly 16.5% was accounted for the unconventional gas sources, the shale gas market has experienced a few technological advancements in this process. For instance, hydraulic fracturing and soaring gas prices have enhanced the growth of unconventional gases in North America. Based on this, there is a global energy supply shift to be expected in the near future. A few countries such as Algeria, Mexico, and Argentina also hold large shale gas potential.

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Drill Bits for Oil and Gas Industry Application Market to Reach 3,605 Hundred Units by 2019

According to a new market report Drill Bits for Oil and Gas Industry Application Market (Milled-tooth bits, Tungsten carbide inserts, Polycrystalline diamond bits (PDC) and Natural diamond bits) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019, published by Transparency Market Research, the market, in terms of volume, for drill bits globally is forecast to reach 3,605 hundred units by 2019. Growing energy demand and rising exploration and production (E&P) activities worldwide along with the need to contain drilling cost and time, are some of the key factors responsible for drill bits market growth. Advancements in the manufacturing process and drill bits material composites, along with the improvements in bit design are further supporting the market growth.

The global drill bits market volume for oil and gas industry was reported to be 2,597 hundred units in 2012 and is forecast to grow at a CAGR of 4.9% from 2013 to 2019. Drill bit is an essential component of drilling activity that crushes rock formations, in order to extract oil, water or gas. Drilling deepwater involves considerable challenges, such as continuous fatigue monitoring of the entire structure, especially the risers. Further, drilling in abrasive formations lead to broken drill bits and in turn leads to more replacement sales. In such a case, producers of high-efficiency and versatile drill bits, risers and other drilling equipment would benefit in the long run. Drill bit market is segmented by products into two major types, namely roller cone bits and fixed cutter bits.

In 2012, drill bits market by product was dominated by the rollers cone bits. Currently, popularity of drill bits using PDC (Polycrystalline Diamond Compact) cutters has grown considerably, and now they are almost as common as roller cone bits in several drilling applications. Oil and gas drilling industry is shifting its focus towards PDC drill bits as it offers several performance benefits over roller cone bits. These benefits are in terms of reduced drilling cost due to less frequent bit repair/replacement requirement, which helps reduce the total drilling time.

Geographically, North America was estimated as largest market for drill bits used in Oil and Gas industry and is forecast to maintain its dominance throughout the forecast period. In the past couple of years, emergence of horizontal drilling techniques has greatly increased demand for drilling equipment in North America. As new technologies in horizontal drilling has opened up access to deep underground shale deposits. In 2012, Europe and North America had a collective volume share of 55.5% of the overall drill bit market in Oil and Gas industry. In Asia-Pacific region, demand for natural gas is increasing, leading to drilling activities for unconventional natural gas at remarkable rates.
Some of the major players in drill bits market include Baker Hughes, Inc., Tercel Bits, Ulterra Drilling Technologies, National Oilwell Varco, Inc., Halliburton, Inc., Varel international, Inc., Scientific Drilling International, Inc., among others. The market volume share of the top four leading players collectively accounted for around 65.7% of the total market share in 2012.

Browse the full Drill Bits for Oil and Gas Industry Application Market report at http://www.transparencymarketresearch.com/drill-bit-market.html
This report analyzes the drill bits for oil and gas industry application market in terms of volume (hundred units). The market has been segmented as follows:

Drill Bits for Oil and Gas Industry Application Market, By Product
Roller cone bits
Milled-tooth bits
Tungsten carbide inserts (insert bits)
Fixed cutter bits
Polycrystalline diamond bits (PDC)
Natural diamond bits
Drill Bits for Oil and Gas Industry Application Market, By Geography
North America
Europe
Asia-Pacific
Rest of the World (RoW)

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About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our highly experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.