Global Biofuels Market to Grow at 9.6% CAGR from 2013 to 2019: Transparency Market Research

ALBANY, New York, August 7, 2014 – In its latest market research report published recently, Transparency Market Research, a U.S.-based market intelligence firm states that the global biofuels market is estimated to grow at CAGR 9.6% between 2013 and 2019. The report, titled “Biofuels Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019,” is available for sale on the company’s website.

This report discusses the importance of biofuels and the rising global demand for biofuels in order to ensure clean energy usage. Biofuels are derived from living organisms when they undergo the natural process of carbon fixation. The conversion of biomass creates biofuels. Biomass includes plants or plant based matter, wood, organic wastes and residual materials which are organic in nature. Hitherto, the largest source of biomass energy is wood. Biofuels are available in solid, liquid or gaseous forms. Bioethanol, an alcohol, is a liquid biofuel which is derived from the fermentation of carbohydrates produced in corn starch, sweet sorghum and sugarcane. Brazil and the US are the two significant consumers of bioethanol. Ethanol, in its purest form is used directly in automobiles for emission control.

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The world is experiencing surging demand for biofuels, mainly because these are biodegradable, naturally derived and are good substitutes for the conventional energy sources. As a result, the volume of investment is also on the rise because the global biofuels market is proving to be a lucrative one. The applicability of biofuels is vast as these can be used in the automotive industry, railways, industrial oil heating technology and the marine industry. The biofuels market in the US is driven by these factors. Biofuels are gaining popularity worldwide mainly because they are the best sources of clean energy.

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This market research report lays emphasis on the use of biofuels since these are obtained from biological techniques and are environment friendly. The best aspect about biofuels is that they can be produced from oil-rich crops like palm, soy and sunflower which can be grown almost everywhere across the globe. Earlier, the demand for biofuels was driven by increasing prices of fossil fuels. Also, in order to exploit the potential of newer feedstocks like rapeseed, corn and soyabeans, the market forces were not sufficient. At that time, greater R&D activities were carried out to introduce newer feedstocks to support higher production of biofuels.

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According to the TMR report, the demand for biofuels will increase in developing economies like India, China and Russia in the forthcoming years because biofuels are already gaining popularity in these countries. Due to stiff environmental regulations and widespread awareness about biofuels, North America is by far the largest market for biofuels in the world.

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This report studies the global biofuels market on the basis of its three basic forms and on the basis of the type of fuels used which are bioethanol and biodiesel. Besides the value chain analysis, this report has given a comprehensive overview of the restraints, opportunities and the drivers prevailing in the global biofuels market. It has also covered company analyses of some of the popular players in this market which include DSM, Copersucar S.A., Aemetis Inc., Green Plains Inc., BlueFire Renewables, Australian Renewable Fuels Ltd., Raizen Energia Participacoes S.A., Solazyme Inc., Aventine Renewable Energy Holdings, Inc, Renewable Energy Group and Western Dubuque Biodiesel Llc.

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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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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 Building Integrated Photovoltaics Installations to Reach 1,152.3 MW by 2019: TMR

ALBANY, New York, October 29, 2014 – In a recent report, Transparency Market Research states that the global building integrated photovoltaics market is projected to grow at an 18.7% CAGR from 2013 to 2019. The report, ‘Building Integrated Photovoltaics (BIPV) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019’ also states that in terms of annual building integrated photovoltaics installations, the number stood at 343.1 MW in 2012 and this is expected to reach 1,152.3 MW in 2019.



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On the basis of technology, the building integrated photovoltaics market can be segmented into thin film, C-Si, and others such as OPV and DSC. Building integrated photovoltaics are used in three key areas: residential, commercial, and industrial. In terms of products, the building integrated photovoltaics market is segmented into curtain wall, rooftop, and building integrated photovoltaics windows. The four main regions that fall under the global building integrated photovoltaics market are North America, Europe, Asia-Pacific, and Rest of the World.



Accounting for more than 41% of the global building integrated photovoltaics market share, Europe dominated the scene in terms of installations. With 27% of the industry share, North America was the second largest regional segment of the building integrated photovoltaics market. Asia-Pacific, on the other hand, is projected to witness significant growth in the coming years owing to rapid commercial development.



In terms of building integrated photovoltaics products, rooftop was the largest segment accounting for more than 67% of the total share in 2012. Owing to increased commercial applications, curtain wall is anticipated to be the fastest-growing product segment of the building integrated photovoltaics market from 2013 to 2019. However, building integrated photovoltaics windows are witnessing increasing developments in terms of product portfolio such as insulated, transparent, and coloured, as a result of which, this segment is expected to grow considerably during the forecast period.



Low cost and increased demand has enabled the C-Si technology segment to dominate the global building integrated photovoltaics market, accounting for more than 60% of the overall industry share. Growing at a CAGR of 19.1% between 2013 and 2019, thin film technology is projected to be the fastest-growing segment of the building integrated photovoltaics market.



In terms of end users, while the commercial segment dominated the market with 67% of the overall demand for building integrated photovoltaics, the industrial and residential user segments are also estimated to register considerable growth in the next few years.



Increasing efforts to reduce carbon footprint, government incentive schemes, low-cost electricity generation, favourable Feed in Tariff rates, and shift towards use of renewable sources of energy for the production of electricity are some of the key forces driving the global building integrated photovoltaics market. On the hand, high cost of building integrated photovoltaics construction is expected to hamper the growth of the market.



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The global building integrated photovoltaics market is a consolidated one, with the top five companies accounting for over 40% of the overall industry share. The leading companies dealing with building integrated photovoltaics include Sapa Soar, First Solar Inc., Power Film, Inc., Onyx Solar Group LLC, Ascent Solar Technologies Inc., Ertex Solartechnik GmbH, Pythagoras Solar, Ecotemis, Heliatek GmbH, CENTROSOLAR Group AG, and Sharp Solar.






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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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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 Power Rental Market to be Driven by Rising Electricity Demand Worldwide: Transparency Market Research

ALBANY, New York, October 8, 2014 – In its market research report published recently, Transparency Market Research, a U.S. - based market intelligence firm states that the global power rental market is propelled by increasing electricity demand in emerging economies and high population growth. The report, titled ‘Power Rental Market for applications (Peak Shaving, Continuous Power and Standby) in end use (Government and Utilities, Oil, Gas and Mining, Construction, Industrial, Events) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019,’ is now available for sale on the company’s website.

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This research report has provided a detailed analysis of the global power rental market which is primarily fuelled by growing consumption of electricity worldwide. Power rental systems refer to systems which ensure uninterrupted supply of power to various industries and manufacturing units in the event of power breakdowns. Power rental systems act as supplementary sources of power supply since they are like backups to power grids. Power rental systems are reliable power solutions that ensure minimization of unproductive time in production during unforeseen power outages.

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This TMR report has segmented the global power rental market on the basis of the types of end users, applications, and geography. The key end users dominating the power rental market include industries, government and utilities, events market, construction, oil, gas and mining. The main application areas in the global power rental market are standby, peak shaving, and continuous power. The application segment of this market is essentially dominated by continuous power and this trend is expected to continue even in the forthcoming years. The peak shaving application segment is likely to get a boost due to rising awareness amongst the energy industries to curtail the penalty imposed due to high demand for energy during the peak hours.

This market research report on the power rental market has analyzed the business potential and contribution of several geographical regions all across the globe. The Asia Pacific, Africa, and the Middle East are some of the regions that are contributing significantly to the growth of the power rental market. High demand for power rental systems in the Asia Pacific is driven by the Chinese power rental market which is witnessing high generation of thermal power. Obsolete conventional power grids have today been replaced by the modern day power rental systems that exhibit high efficiency in energy supply.

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This market research report has analyzed the growth drivers, restraints, and the trends prevailing in the global power rental market today. The power rental market is mainly driven by factors like greater consciousness about curbing high energy demands during peak hours, and higher grid instability, besides increasing global energy demands. The main obstacles prevailing in the global power rental market include low levels of product differentiation, and stringent environmental regulations in most countries. Several companies these days are resorting to power rental solutions due to insufficient infrastructure, and power supply shortage in the developing countries.

Some of the prominent players operating in the global power rental market include Worldwide Power Products LLC, United Rentals, Speedy Hire Plc, Rental Power Solutions, Rental Solutions & Services (RSS), Power Electrics (Bristol) LIMITED, Perennial Technologies Private Ltd, Kohler. Co, Hertz Corporation, Energy International Inc, (IE), Cummins, Inc., Caterpillar, Inc., Bredenoord Exploitatiemij B.V., APR Energy, Aggreko PLC, Atlas Copco AB, and Ashtead Group, PLC.

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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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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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 reports.

Global Drilling Fluids Market to be Worth US$12.31 Billion by 2018 : Transparency Market Research

ALBANY, New York, October 08, 2014 – Transparency Market Research, in a recent report, states that the global drilling fluids market was worth US$7.20 billion in the year 2011 and is forecast to be worth US$12.31 billion by the end of 2018. The report, titled ‘Drilling Fluids Market (Oil-Based Fluids, Synthetic-Based Fluids and Water-Based Fluids) for Oil and Gas (Offshore & Onshore) - Global Industry Analysis, Size Share, Growth, Trends and Forecast, 2012 – 2018’, also determines that the worldwide market for drilling fluids will grow at an 8% CAGR during 2012-2018.

Accounting for more than 55% of the overall market, North America dominated the global drilling fluids industry in 2012 and is expected to continue leading the way during the forecast period. Increased shale gas exploration in Canada and the U.S. is the driving force behind the region’s remarkable performance in the drilling fluids market. On the other hand, favorable conditions in Central and South America from 2012 to 2018 are expected to make this segment the fastest-growing regional market for drilling fluids. Experts predict that the Central and South American market will grow at a CAGR of 9.5% during the given period owing to increased drilling activities in offshore Venezuela and Brazil. The Asia-Pacific region has also witnessed tremendous growth in the drilling fluids market. Growing government support in the form of tax holidays and encouragement to gas and oil production in China and India by giving subsidies to exploration and production companies is expected to fuel the growth of the drilling fluids market in Asia-Pacific.

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In terms of applications, onshore oil and gas accounted for more than 70% of the total drilling fluids consumption in 2012. This is mainly due to mounting onshore drilling activity in Asia-Pacific, Middle East, and North America. However, extensive natural reserves in the Golden Triangle – offshore Brazil, Gulf of Mexico, and offshore West Africa – have led to rising investments in the region, thereby expecting to increase the demand for drilling fluids in offshore exploration of oil and gas.

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On the basis of products, the drilling fluids market is divided into water-based drilling fluids, synthetic-based drilling fluids, and oil-based drilling fluids. In terms of consumption, water-based drilling fluids formed the largest segment in 2012, accounting for over 55% of the overall drilling fluids market. Used extensively for offshore drilling, water-based drilling fluids are also expected to be the fastest-growing segment of the overall drilling fluids market, registering a CAGR of 8.5% during the forecast period. In recent years, the industry has witnessed a shift from oil-based drilling fluids to synthetic-based drilling fluids.

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The drilling fluids market report includes an extensive section on the competitive landscape. Major industry players have been profiled and analyzed in great detail and with precision. The participants of the drilling fluids market mentioned in the report are Anchor Drilling Fluids USA Inc., Weatherford International, Baker Hughes Incorporated, China Oilfield Services Limited, Canadian Energy Services &Technology Corp., Halliburton Company, Newpark Resources Inc., National Oilwell Varco, and Schlumberger Technology Corporation.

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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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 Shale Gas Market to Reach 17,201.6 Bcf by 2019 : Transparency Market Research

ALBANY, New York, September 23, 2014 – Transparency Market Research, in its latest report, states that the global shale gas production was 10,138.2 billion cubic feet (Bcf) in 2012 and is estimated to reach a total production of 17,201.6 Bcf by 2019. According to the report titled ‘Global Shale Gas Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019’, the global shale gas market will grow at a 7.9% CAGR during the forecast period of 2013 to 2019.

The worldwide market for shale gas can be segmented on the basis of technology, application, and geography. The major technologies involved in the production of shale gas are hydraulic fracturing, horizontal drilling, and water usage issue. Shale gas finds applications in numerous operational areas such as residential, industrial, commercial, power generation, and transportation. Geographically, the global shale gas market can be divided into North America (Canada and the U.S.) and Asia-Pacific (China).

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The North American shale gas market is the most successful regional segment, with the U.S. dominating the global shale gas industry in terms of revenue and production. Shale gas can be applied in multiple industries, as a result of which there has been increased demand for the same in Canada and the U.S. Petrochemical producers across the globe have benefitted from the rapid exploration and development of shale gas as well as growing availability of technically recoverable reserves in the North American region. In addition to this, use of advanced shale gas technologies such as horizontal drilling and hydraulic fracturing, and soaring gas prices have led to increased efforts of switching to unconventional sources of energy such as shale gas in North America. On the other hand, surface water contamination and high cost of production are expected to hamper the growth of the regional as well as global shale gas market.

Europe has a considerable reserve of shale gas, which gives it an opportunity for substantial growth. However, stringent regulations and public opposition has stalled the switch from conventional to unconventional gases. In Eastern Europe and Eurasia only 16.5% unconventional gas resources such as shale gas were being utilized while nearly 60% was accounted for by conventional gas resources.

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There has been increasing number of investments from Asian companies in the shale gas market, and their collaboration with large foreign industry leaders is projected to fuel the growth of the sector. The success of shale gas in North America has inspired countries such as China to invest in it, leading to rising import of technology and gas from the region. Other emerging shale gas markets include Argentina, Mexico, and Algeria.

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The global shale gas market has numerous small and big companies operating in the industry. Some of the leading shale gas market players include BHP Billiton Limited, Devon Energy Corporation, Cabot Oil and Gas, Statoil ASA, Chesapeake Energy Corporation, ConocoPhillips, Royal Dutch Shell plc, and Anadarko Petroleum Corporation.

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http://www.transparencymarketresearch.com/pressrelease/shale-gas.htm

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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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.

Liquefied Natural Gas Market to be Worth US$196.4 Million in 2019: Transparency Market Research

Albany, New York, September 29, 2014 – According to a new market report released by Transparency Market Research titled “Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” – the global liquefied natural gas market was valued at US$161.4 million in 2012. However, the market is further expected to reach US$196.4 million by 2019, expanding at a CAGR of 2.8% between 2013 and 2019.

This report analyzes demands and forecasts the liquefied natural gas market in terms of revenue and volume for the period from 2013 to 2019. It also provides an in-depth analysis of the overall global liquefied natural gas industry with dedicated end-user segments and estimates and forecasts for each end-user.

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Liquefied natural gas (LNG) is growing its global market share within the natural gas industry. Liquefied natural gas is expected to play an increasingly significant role in the global energy markets, as well as the natural gas industry over the next few years. As the world is constantly in the efforts to reduce CO2 emission levels, liquefied natural gas is the primary fuel of choice as compared to any other alternatives. It produces less harmful emissions and has low carbon intensity with more efficiency. Due to such factors, many parts of the world prefer using liquefied natural gas in various processes. LNG helps industries save substantial capital and reap all environmental and economic benefits which are useful for long-term planning.

The global liquefied natural gas market is expanding due to several advantages offered by this industry. These include, lesser pollution, cost- effectiveness, flexibility of trade and safety while use.

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Liquefied natural gas finds applications in generation of heat and electric power. Due to high demand for electricity and global warming awareness, the use of liquefied natural gas is high in the electric power sector. The liquefied natural gas market primarily comprises three end-users: electric power, industrial sector, and other segments such as commercial and transportation. In terms of demand for liquefied natural gas, the industrial sector is anticipated to become the most dominant sector over the forecast period. In 2012, the industrial segment was the largest across the globe accounting for around 43.0% of the total market share.

Similarly, large share of liquefied natural gas is consumed by industries such as petrochemicals, plastics and fertilizers. They are the largest consumers to use LNG to run various industrial processes. Also, the electric power sector accounted for an average share of the total liquefied natural gas market, which was then followed by various other sectors such as commercial and transportation.

Fundamentally, transporting liquefied natural gas over long distances or international borders by means of pipelines is inefficient and only inflates the risk involved with commercial and investment factors. Nevertheless, despite such challenges and global economic recession, the liquefied natural gas market is yet expanding and experiencing major growth on a global scenario. The market for liquefied natural gas is expected to continue over the forecast as a result of high-use of natural gas in various industry applications.

Liquefied natural gas (LNG) is environment-friendly and more economical to use than other traditional fuels such as diesel and coal. The liquefied natural gas market is also a value-added advantage to long-term fixed pricing structure.

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http://www.transparencymarketresearch.com/noble-gases.html

Some of the major geographies analyzed under this research study include Asia-Pacific, Europe, North America, and the Rest of the World (RoW). The global liquefied natural gas demand in Asian countries such as India, Japan, South Korea, and China is expected to grow at a healthy rate. Similarly, owing to high liquefied natural gas imports, the LNG market in the European countries such as France, Spain, and Italy is expected to rise in the forecast period, 2013 – 2019.

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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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 Fuel Cells Market to be Worth US$910.3 Million by 2018. By Transparency Market Research

ALBANY, New York, September 23, 2014 – Based on a recent report by Transparency Market Research, the global fuel cells market was valued at US$355.3 million in 2011 and is projected to grow to US$910.3 million by 2018. The report, ‘Fuel Cells Market (PEMFC, MCFC, PAFC, SOFC, DMFC & Others) - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2012 - 2018’, also states that the fuel cells market will grow at a compound annual growth rate of 15% during the forecast period.

The report categorizes the global fuel cells market on the basis of type, fuel, application, and geography. The main types of fuel cells are solid oxide fuel cell (SOFC), direct methanol fuel cell (DMFC), phosphoric acid fuel cell (PAFC), molten carbonate fuel cell (MCFC), proton exchange membrane fuel cell (PEMFC), and alkaline fuel cell (AFC). The three major fuels included in fuel cells are hydrogen, methanol, and natural gas. On the basis of applications, fuel cells can be segmented as portable (remote monitoring, consumer electronics, and external battery chargers), stationary (uninterruptible power supply systems, heat and power systems, and backup power systems), and transportation (specialty vehicles, heavy vehicles, light vehicles, auxiliary power units, and forklifts). The key regions that fall under the global fuel cells market are North America, Europe, Asia-Pacific, and Rest of the World.

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Among the product types, PEMFC led the overall fuel cells market in terms of revenue, growing at a CAGR of 11.5% from 2013 to 2018 and accounting for 46.3% of the total demand in 2011 in terms of power volume (MW). MCFC followed next with a CAGR of 17.8% and 39.2% share of the global fuel cells demand. In terms of fuel, while hydrogen accounted for a majority of the fuel cells market and will continue to hold maximum share till 2018, methanol and natural gas are also expected to witness significant growth in the forecast period. By application, the stationary fuel cells segment is projected to grow at a 24.4% CAGR in terms of power volume, while the transportation fuel cells segment will grow at a 15.4% CAGR during 2013-2018.

Geographically, in terms of demand, North America and Asia-Pacific dominated the global fuel cells market. Technological innovations and extensive regulatory support makes the U.S. the strongest regional segment for fuel cells vehicles by the end of 2018. A thriving fuel cells market in Japan and South Korea (in terms of revenue generation) has spurred the growth of the Asia-Pacific fuel cells market, projecting a growth of 12% CAGR during the forecast period.

Factors that aid the fuel cells market are eco-friendly nature of fuel cells, higher density of fuel cells compared to batteries, improved alternative to current back-up power options, growing support from government and regulatory bodies, a developing fuel cells vehicle market, and shift towards green technology. On the other hand, lack of proper infrastructure and high cost is expected to hinder the growth of the fuel cells market.

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The fuel cells market is a highly competitive one with numerous companies vying for the top spot. Some of the key participants in the fuel cells market are Bloom Energy, Hydrogenics Corporation, Ballard Power Systems Inc., NedStack Fuel Cell Technology, FuelCell Energy, Inc., AFC Energy PLC, Panasonic Corporation, and Toshiba Corporation.

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http://www.transparencymarketresearch.com/solar-trackers-market.html

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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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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 Enhanced Oil Recovery Market to Reach $516.7 Billion by 2023: Transparency Market Research

Huge demand from North America and other developed areas considered to be the biggest driving factor in the enhanced oil recovery market.

ALBANY, New York,
October 20, 2014.
The global Enhanced Oil Recovery (EOR) market was valued at $38.1 billion in 2012 and is expected to hit US$516.7 billion by 2023. It is expected to show a CAGR of 26.7% from 2013 to 2023.
The research report titled “Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2023” is compiled by Transparency Market Research and shares meticulously-researched facts and statistics.

To read more about the global enhanced oil recovery market, to purchase the report, or to browse through the ToC, please visit: http://www.transparencymarketresearch.com/enhanced-oil-recovery.html


The report details on the key EOR methods including thermal injection, chemical injection and gas injection. It says that the largest sector by volume is thermal injection, which held more than 51.5% of the market share in 2012. The segment is currently mature and is predicted to decline in comparison to other technologies. Gas EOR is expected to increase, holding a market share of 38.5% in 2023. Chemical EOR technology is set to increase from its 2012 mark of 10.03% to 29.71% in 2023.

The report also divides the EOR market in a geographical manner, stating North America to be the dominant force in 2012. It holds 38.9% global market share in terms of volume. This makes North America the leading area in the EOR market, according to the report. This is possible mostly due to the huge demand by the U.S., Mexico and Canada. 

The Rest of the World held almost 30.9% of the global share in 2012. The Rest of the World along with Europe are set to show the fastest growth rates in the forecast period. The report cites upcoming projects in Russia, the Middle East and the U.K. The European EOR market is expected to be a lucrative one in terms of commercial expansion and development. It is expected to rise to 13.1% by 2023. Within the Asia Pacific region, China is the only country that holds a substantial number of EOR projects, due to which the hold of the Asia Pacific region is expected to decline during the forecast period.
Enhanced oil recovery is said to be a tertiary process because it takes place after the primary and secondary oil recoveries.

The report describes the key players in the global EOR market including: Royal Dutch Shell Plc, Exxon Mobil Corporation, Conoco Phillips, BP Plc, Cenovus Energy Inc., Anadarko Petroleum Corporation, Chevron Corporation, Petronas, and Statoil ASA. These companies are stated to dominate the enhanced oil recovery market technology.

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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.

The CO2 EOR Market (Permian Basin) to Grow at 7% CAGR from 2013 to 2019: Transparency Market Research

Transparency Market Research in its report stated that the CO2 EOR market in the Permian Basin is expected to reach 329,069 barrels a day in the year 2019.

ALBANY, New York, August 5, 2014 – In its market research report published recently, Transparency Market Research, a U.S.-based market intelligence firm states that the global CO2 EOR market in the Permian Basin is expected to grow at CAGR 7% from 2013 to 2019. The report, titled ‘CO2 EOR Market - Permian Basin Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019,’ is now available for sale on the company’s website.

The TMR market research discusses that the most commercially profitable technology for enhanced oil recovery out of the three basic types namely, chemical, thermal and gas/CO2 for the Permian Basin in West Texas, US has been the CO2 enhanced oil recovery technology. This technology uses carbon dioxide for oil extraction from the earth’s crust. The Permian Basin has immense potential for growth and development and this fuels the demand for low cost CO2 to be used for oil extraction.

Browse Full Report : http://www.transparencymarketresearch.com/co2-eor-market.html

Earlier, CO2 was not considered to be eco-friendly, however, with better technology it is ensured that oil can be extracted efficiently by using CO2 with minimal harm to the environment. A large pipeline network of CO2 supply has been developed in the Permian Basin region because of easy availability of CO2. Moreover, the cost of extraction of crude oil is the least when the CO2 enhanced oil recovery technology is incorporated.

This report suggests that there is firm support from state and local governments for the establishment of the CO2 supply network thereby developing the CO2 enhanced oil recovery market. These government bodies also extend incentives and tax concessions for tapping and storage of crude oil. This region in West Texas is the most favored area for crude oil exploration and extraction because of ample supply of CO2 in the US. The Permian Basin dominates the global market for enhanced oil recovery because there lays maximum scope for oil production in this region. According to forecasts, the US will be a significant crude oil exporter in the forthcoming years.

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The significant players operating in the Permian Basin are engaged in developing and adopting strategies pertaining to acquisition so that they can tap and exploit the market thereby enhancing their production potential.


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This market research report states and analyses the prominent players engaged in oil production the Permian Basin area. Some of the players discussed in the report are ExxonMobil Corporation, Chevron Corporation, Hess Corporation, Occidental Petroleum Corporation, Whiting Petroleum Corporation and ConocoPhillips Co.

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 Floating Production Systems Market to be $38,752.7 million by 2019: Transparency Market Research

ALBANY, New York, August 5, 2014 – In its market research report published recently, Transparency Market Research, a U.S.-based market intelligence firm states that the global floating production systems market which had a market value worth $ 12,616 million in 2012 is expected to reach an approximate value of $38,752.7 million by 2019. The report, titled ‘Floating Production Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,’ is now available for sale on the company’s website.
This market research report gives a detailed analysis of the global floating production systems market. Floating production systems refer to offshore drilling instruments that are used for crude oil extraction from the offshore oil fields. Market segmentation has been done on the basis of region and the types of products in the floating production systems market.

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uction-system-market.html

There are four basic types of products in the floating production systems market, which are SPAR (Single Point Anchoring Reservoir), FPSO (Floating Production Storage and Offloading), FSO (Floating Storage and Offloading) and TLP (Tension Leg Platform). Out of the four product types, FPS equipments have the highest demand. Floating production systems are available in various sizes and shapes.
A normal FPS equipment is a vessel which is ship shaped. In the year 2012, FPSO had generated the highest revenue since it is the most widely used. These can be used in water fields of varying depths and since they can be easily installed these are mainly preferred in frontier offshore areas. FPSO and FSO do not require infrastructure for pipelines and neither do they need tankers for transportation of crude oil, thereby minimizing the high operational costs. SPAR and TLP are used in those offshore oilfields wherein high waves create huge vibrations.



Related Publish Report By Transparency Market Research :



Biofuels Market : http://www.transparencymarketresearch.com/liquid-biofuels-market.html



CO2 EOR Market : http://www.transparencymarketresearch.com/co2-eor-market.html
According to this report, various countries like Australia, Vietnam, Thailand and Malaysia that are engaged in crude oil extraction are procuring floating production system devices. Significant demand for floating production equipments is getting generated by some of the RoW (Rest of the World) countries like Brazil and Africa because of a large number of offshore drilling projects taking place in these areas. According to forecasts, about 80 drilling projects will be undertaken in Western Africa and Brazil in the near future. Maximum European oil reserves are situated in the offshore areas of the Norwegian Sea, North Sea and the Barents Sea. In addition to North America, developing economies like India and China will report robust growth due to speedy industrialization and rapid growth of population.



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The TMR report gives a comprehensive analysis of some of the prominent players in the global floating production systems market which include companies like Worley Parsons Limited, SBM Offshore N.V., Mitsubishi Heavy Industries Ltd., Bumi Armada Berhad, Samsung Heavy Industries Co. Ltd., Teekay Corporation, Keppel Offshore & Marine Ltd., Technip S.A., Malaysia Marine and Heavy Engineering Berhad.
This report lays emphasis on the degree of competition that is prevailing in the floating production systems market.

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 Naphtha Market to be worth US$ 237,625.2 Million by the year 2019: Transparency Market Research

ALBANY, New York, November 5, 2014 – In its market research report published recently, Transparency Market Research, a U.S. - based market intelligence firm states that the global naphtha market will report a CAGR of 5.1% from 2013 to 2019. The report, titled ‘Naphtha Market (chemicals, energy/fuels and others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,’ is now available for sale on the company’s website.

This market research report states that the main feedstock that is used for gasoline reforming, blending and petrochemical cracking is naphtha. Naphtha is primarily found in coal tar, refined petroleum, and shale oil. It is a very versatile commodity and is extensively applied in the energy industry. Destructive distillation of oil from bituminous shale produces shale naphtha. Whereas, the distillation of coal tar produces coal tar naphtha, which is a very volatile commercial item. The two types of naphtha are paraffinic and heavy naphtha. Heavy naphtha is mainly used for manufacturing aromatics, and paraffinic naphtha is ideal for manufacturing olefins, and polyolefins.

Browse Full Naphtha Market Report : http://www.transparencymarketresearch.com/naphtha-market.html

According to this TMR report, the global naphtha market is segmented on the basis of application, and geography. Chemicals, energy/fuel, and others are the three main classifications under the application segment. Chemicals include petrochemicals, benzene, xylene, and toluene. Energy and fuels category includes steel plants, power plants, and fertilizer units. Others includes non renewables. Under the application segment, the global naphtha market is dominated by chemicals like xylenes, toluene, benzene, and petrochemicals. In fact, this application segment accounts for more than 50% share in the global naphtha market.

As per this market research report, till about two years back, the global naphtha market was dominated by the Asia Pacific both in terms of revenue and volume. Due to the booming plastics, construction, and the automotive markets, Taiwan, India, and China are witnessing high growth rates in the global naphtha market. The second largest naphtha market accounting for almost one fourth of the total share is North America. However, according to industry forecasts, it has been concluded that this market may witness a fall in its market value in the forthcoming years. This expected trend can be attributed to rising demand for cheaper alternatives, and higher prices of naphtha. Europe’s share may also decrease by the year 2019 due to lower seasonal demand for naphtha, and rising prices of crude oil.

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This research report states that the global naphtha market is characterized by volatility in terms of pricing. In order to tackle the issue of volatile pricing, several manufacturers in the global naphtha market enter into long term contracts with suppliers of raw materials. The global naphtha market consists of several small and medium scale manufacturers, and is highly fragmented. The main challenge that is faced by the global naphtha market is the threat of forward integration from raw material suppliers. Most of the key players in the naphtha market depend mostly on third party distributors in order to reach out to their targeted customer groups.

Some of the prominent players in the global naphtha market mentioned in this report include Chevron, BP, and Shell.

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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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.