The global oil refining market was valued at USD 1,687.7 billion in 2022 and is expected to grow at a CAGR of 4.28% over the forecast period. This market is characterized by its intricate processes, vast infrastructure, and its role as a crucial link in the supply chain of energy and pet...Read More »
The global LNG bunkering market was valued at USD 1,150.1 million in 2022 and is expected to grow at a CAGR of 28.67% over the forecast period. LNG bunkering involves supplying liquefied natural gas as a fuel source for a vessel's self-use. The primary benefit of using LNG as a fuel lies...Read More »
The Asia Pacific food grade carbon dioxide market size was valued at USD 428.8 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. Growing demand in the freezing and chilling application stimulated by rising disposable income is e... Read More »
October 2023The global digital oilfield market size was valued at USD 29.11 billion in 2018 and is anticipated to reach USD 40.21 billion in 2025, registering a 4.7% compound annual growth rate (CAGR) from 2019 to 2025. Rising oil and gas exploration and production activities and growing focus ... Read More »
September 2023The North America mini and midi horizontal directional drilling market size was estimated at USD 3.50 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. The North America region is projected to gain more than 500 offshore projects ... Read More »
August 2023The India process piping market size was valued at USD 303.99 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. The growth in production and oil & gas exploration activities is one the major factors driving the process piping m... Read More »
June 2023The global gas turbine market size was valued at USD 9,721.52 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030. A gas turbine is an engine, which heats a mixture of fuel and outside air at a very high temperature to generate mecha... Read More »
May 2023Offshore decommissioning refers to the process of efficiently & safely removing offshore oil and gas installations, pipelines, and other infrastructure that are no longer in use or have reached the end of their life. This process involves various activities, including engineering, pl...Read More »
The global gas turbine services market size was valued at USD 33.9 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. The rise in environmental concerns owing to the high amount of carbon emissions from coal-based power generation ... Read More »
April 2023The global lithium-ion battery market size was valued at USD 48.19 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 18.9% from 2023 to 2030. The automotive sector is expected to witness significant growth owing to the low cost of lithium-ion batter... Read More »
April 2023The Mexico oil and gas market size was valued at USD 185.46 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2023 to 2030. Mexico's demand for oil & gas is anticipated to increase as a result of government subsidies and the liberalization... Read More »
March 2023The global liquefied petroleum gas market size was estimated at USD 117.3 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Growing awareness about the benefits correlated to the usage of LPG to substitute fossil fuels and t... Read More »
March 2023The Asia Pacific carbon dioxide market size was valued at USD 2.60 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2030. The market is expected to witness growth during the forecast period owing to the increasing usage of carbon diox... Read More »
November 2022The U.S. carbon dioxide market size was valued at USD 3.19 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2022 to 2030. Increasing usage of carbon dioxide for Enhanced Oil Recovery (EOR) in oil & gas plants is anticipated to drive the i... Read More »
September 2022The global oilfield services market size to be valued at USD 139.1 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 3.4% during the forecast period. The increasing development of new oilfields and the rising demand for energy is expected to be key factor... Read More »
June 2022The global oil storage market volume was estimated at 1,649.5 MCM in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.98% from 2022 to 2030. Increasing oil & gas production activities along with the growing demand for crude oil in several end-use sectors are ... Read More »
June 2022The global nuclear-decommissioning services market size was valued at USD 6.05 billion in 2021 and is projected to register a CAGR of 5.1% during the forecast period. The worldwide shutdown of older nuclear reactors owing to aging and the transitioning trend toward renewable sources of e... Read More »
May 2022The global flywheel energy storage system market size was valued at USD 326.43 Million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. Growing energy storage market and automobile industry, globally, has provided a boost to the m... Read More »
May 2022The global enhanced oil recovery market size was valued at USD 38.83 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2030. An increasing number of aged wells, along with decreasing production from existing oilfields, is expected to d... Read More »
May 2022The global coal power generation market demand was valued at 1,961.56 GW in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 1.6% from 2020 to 2028. The high energy demand is expected to drive the coal industry to generate electricity. Coal is a key product for e... Read More »
October 2021The global energy harvesting system market size was valued at USD 452.2 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10.2% from 2020 to 2028. The growing applications of the Internet of Things (IoT) including smart cities, smart homes, Industrial IoT... Read More »
October 2021The global natural gas fired electricity generation market demand was 48,793.9 MW in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.71% from 2020 to 2027. The rise in environmental concerns regarding the high amount of carbon emissions from coal-based power gen... Read More »
September 2020The global tight gas market demand was 10,441.3 billion cubic feet (BCF) in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.02% from 2020 to 2027. Tight gas is a type of unconventional gas that is trapped in a low-permeability source rock deep underground, such ... Read More »
July 2020The global measurement while drilling market size was valued over USD 11.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2020 to 2027. The significant growth can be attributed to the rising oil and gas exploration activities over the project... Read More »
July 2020The global coal bed methane market size was valued at USD 16.0 Billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. The increasing consumer demand for power across numerous sectors such as residential, industrial, and commercial... Read More »
July 2020The global shale gas market size was valued at USD 68.3 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 8.5% from 2020 to 2027. Rising energy demand along with depleting conventional gas reserves has resulted in a shift towards unconventional natural g... Read More »
June 2020The global coal to liquid market size was valued at USD 3.88 billion in 2017. The CTL market is projected to expand further at a CAGR of 3.9% during the forecast period. Increasing dependency on natural gas and crude oil for the production of transportation fuels along with stagnant or s... Read More »
January 2019The global hybrid power solutions market size was valued at USD 604.1 million in 2016. Rising political pressure to reduce CO2 emissions coupled with low operational and maintenance costs is expected to be a key factor driving the market over the forecast period. The hybr... Read More »
October 2017The global drilling waste management market size was valued over USD 4.02 billion in 2016 and is predicted to grow at CAGR of 6.57% by 2025 owing to tightening of global drilling waste management regulations coupled with growing environmental concerns towards effective drilling waste man... Read More »
September 2017The global steam condenser for the thermal power plant market is expected to progress at a steady growth rate over the forecast period. A steam condenser is a tool that is used to decrease vapor or gas to liquid. Steam condensers are heat exchangers which come in numerous sizes and desig...Read More »
The global automotive gear oil market is expected witness significant growth over the next eight years owing to its rising demand for industrial, automotive and construction machinery. The automotive gears are rotating machine parts having cogs which couple with another rotating part to ...Read More »
The global well cementing services market size was USD 7.44 billion in 2015. The rising energy demand is anticipated to increase the market growth and also urge the E&P companies to raise their investments in onshore and offshore oil & gas reserves. Increasing E&P for recover... Read More »
July 2016The global managed pressure drilling services market was valued at USD 3.70 billion in 2015. Sustained fossil fuel demand coupled with declining production of onshore oil & gas reserves is expected to drive the market growth over the forecast period. These services are predominantly ... Read More »
June 2016The global hydraulic fracturing market was valued at USD 42.83 billion in 2015. Increasing E&P in unconventional oil & gas reserves, especially in the shale basins, is expected to remain a key factor driving market growth. Escalating demand for primary energy in power generation,... Read More »
May 2016The global gas To liquid (GTL) market valuation was around USD 8.4 billion in 2014 and is expected to grow at an estimated CAGR of around 6.5% from 2015 to 2022. Increasing concerns over fossil fuel depletion and demand for alternative energy sources are expected to foster industry growt...Read More »
The global coal handling equipment market is expected to witness a brisk growth owing to increasing efficiency criterion for the industry over the forecast period. Coal undergoes several phases such as preparation and handling phases during power generation operations. Such variety of op...Read More »
The global aerospace and defense (A&D) fuel market size was valued at around USD 8.4 billion in 2014 and is expected to grow at an estimated CAGR of over 6% from 2015 to 2022. Global economic growth, increasing entry of low-cost airlines, and rising aircraft demand from emerging econ...Read More »
The global subsea control systems market is expected to grow at an estimated CAGR of over 8% on account of increasing demand from developed as well as developing countries. Increasing subsea drilling activities in various countries are expected to foster product demand over the forecast ...Read More »
The global shale gas processing equipment market is expected to witness rapid growth over the forecast period owing to increasing natural gas exploration and development initiatives. Rapidly growing energy demand has resulted in energy companies increasing their efforts to explore unconv...Read More »
The global low emission vehicle (LEV) market size was estimated to be worth over USD 30 billion in 2014 and is anticipated to witness a significant growth from 2015 to 2022. Stringent environmental regulations for rising pollutants in transport and industrial emissions are expected to st...Read More »
Shift in trend towards adoption of unconventional transportation fuels in order to reduce carbon footprints is expected to remain a key driving factor for global compressed natural gas (CNG) market. CNG emerged used as a substitute transportation fuel for gasoline, diesel and LPG on acco... Read More »
December 2014Increasing energy demand coupled with rapid urbanization in emerging markets of Asia Pacific and Latin America is expected to drive the global clean coal technology market over the next seven years. Coal is the major source for energy in emerging markets of Asia Pacific and Latin America...Read More »
The global deepwater hydrocarbon exploration market is expected to witness significant growth over the forecast period. Decline in the global conventional oil reserves coupled with ever increasing demand for conventional hydrocarbons especially in emerging markets of Asia Pacific and Lat...Read More »
The global power boiler market is poised for strong growth over the forecast period due to the increasing demand for electricity. Dependency on coal-fired power generation is expected to encourage the number of power boilers installation globally. Power boilers form a part of fossil fuel...Read More »
Growing energy demand has resulted in increasing E&P activities. This trend is expected to drive global well testing service market over the forecast period. Well testing monitors the reservoir’s capability to produce hydrocarbons such as oil, gas, and condensates which finds m...Read More »
The global oil and gas risk management market is anticipated to grow significantly over the forecast period. The oil and gas market is a complex market and risk management is the most important issue faced by the market. The oil and gas risk management market is prone to a lot of uncerta...Read More »
The global pentane plus market is expected to drive over the forecast period owing to increasing ethanol and gasoline demand as the product is widely used for their blending process. Global demand is expected to further enhance in the future with oil sand production....Read More »
The global oil and gas fishing market is expected to witness high growth over the forecast period owing to continuous developments in the oil and gas industry, coupled with swelling crude demand across the world. High drilling activities are conducted to produce oil from reserves. During...Read More »
Global gas pooling mechanism market has received a tremendous boost in recent years on account of burgeoning energy needs that is driven by economic development, industrialization, and population expansion. Gas pooling mechanism involves techniques that combine gas produced from domestic...Read More »
The global petroleum coke market is expected to witness exponential demand from the cement and power generation industries over the forecast period. The growth of the petroleum coke industry is directly linked to the petroleum refining, cement, and power industry. Growing power and cemen...Read More »
The global oil shale market is anticipated to grow significantly over the forecast period. Oil shale is a sedimentary rock that contains kerogen, a mixture of organic chemical compounds in solid form which releases hydrocarbons when heated. These hydrocarbons can be used as an alternativ...Read More »
The global rigless intervention systems market is expected to witness significant growth over the forecast period, driven by increasing E&P in onshore and offshore oil & gas reserves. Increasing offshore drilling in deep water and ultra deep sea is anticipated to propel the deman...Read More »
The global offshore drilling market is expected to witness significant growth on account of increasing drilling activities in the U.S. Gulf. Exhausting onshore oil & gas reserves are expected to drive the offshore drilling market over the forecast period. Increasing crude oil and pet...Read More »
Global oil & gas automation & instrumentation market is expected to drive on account of increased crude production rate owing to automation & instrumentation employment in exploration process. Over the recent past, implementation of automation & instrumentation in oil &am...Read More »
The global hydrocracking market is expected to witness significant growth over the next seven years owing to growing middle and light distillates demand especially in the emerging economies of BRICS and South East Asia. The process converts heavy crude oil and gas feedstock into middle d...Read More »
The global directed energy weapons market is expected to grow on account of increasing lethal and precise weapons demand over the forecast period. Huge investment in weapon development coupled with its demonstration is expected to augment the global market over the forecast period. Direc...Read More »
The global exploration and drilling security market is expected to drive on account of increasing exploration and drilling activities. In isolated and challenging environment, these activities are forcing industry participants to develop an enhanced security system. Huge investment decis...Read More »
The global big data market in the oil and gas sector is anticipated to witness growth over the forecast period. Big data refers to information that is complex and large in size such that traditional data process applications are incompetent. The concept of big data and analytics s fairly...Read More »
Global offshore drilling fluid market is anticipated to witness rapid growth over the forecast period owing to rising investments in the U.S. Gulf of Mexico, offshore West Africa, and Brazil. The market is expected to grow at an estimated CAGR of over 8.0% from 2015 to 2022....Read More »