The global flywheel energy storage systems (FESS) market was estimated at USD 461.11 billion in 2024 and is projected to reach USD 631.81 billion by 2030, growing at a CAGR of 5.2% from 2025 to 2030... Read More »
October 2024The global coal to liquid market size was valued at USD 4.05 billion in 2023 and is projected to reach USD 7.27 billion by 2030, growing at a CAGR of 8.7% from 2024 to 2030. Increasing demand for coal to liquid (CTL) to produce fuels such as diesel, gasoline, and other fuels has led to m... Read More »
October 2024The global drilling waste management market size was valued at USD 5.43 billion in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.This can be credited to the increasing environmental concerns and stringent regulations governments impose worldwide. Companies have increa... Read More »
October 2024The global coal power generation market volume was 2,056.95 GW in 2023 and is projected to reach 2,266.14 GW by 2030, growing at a CAGR of 1.1% from 2024 to 2030. The high energy demand is expected to drive the coal industry to generate electricity.... Read More »
September 2024The global oilfield services market size was estimated at USD 133.1 billion in 2023 and is projected to reach USD 166.4 billion by 2030, growing at a CAGR of 3.4% from 2024 to 2030. The market is driven by the increasing production and exploration activities in the oil and gas industry. ... Read More »
September 2024The global managed pressure drilling services market size was valued at USD 4.1 billion in 2023 and is projected to grow from USD 4.4 billion in 2026 to USD 5.0 billion by 2030, at a CAGR of 3.0% from 2024 to 2030. The increasing demand for oil and gas, coupled with the need for opt... Read More »
August 2024The global compressed natural gas market size was estimated at USD 159 865.81 million in 2023 and is projected to reach USD 344,595.7 million by 2030, growing at a CAGR of 11.8% from 2025 to 2030... Read More »
August 2024The global well cementing services market size was valued at USD 8.8 billion in 2023 and is projected to grow from USD 9.8 billion in 2026 to USD 11.6 billion by 2030, at a CAGR of 4.1% from 2024 to 2030. The market in North America dominated with a revenue share of 41.1% in 2023. The gl... Read More »
August 2024The global wellhead components market size was estimated at USD 6.25 billion in 2023 and is expected to grow at a CAGR of 4.5% from 2024 to 2030. The market is primarily driven by the increasing demand for oil and gas worldwide. As energy consumption continues to rise, particularly in de... Read More »
July 2024The global storage tank market size was valued at USD 24.5 billion in 2023 and is projected to grow from USD 29.4 billion in 2026 to USD 37.9 billion by 2030, at a CAGR of 6.5% from 2024 to 2030. The market in Asia Pacific dominated with a revenue share of 37.8% in 2023. The market is di... Read More »
July 2024The global oil and gas analytics market size was valued at USD 8.1 billion in 2023 and is projected to grow from USD 14.6 billion in 2026 to USD 31.7 billion by 2030, at a CAGR of 21.4% from 2024 to 2030. The market in North America dominated with a revenue share of 40.9% in 2023.&... Read More »
May 2024The global LGC and VLGC LPG shipyard carrier market size was valued at USD 2.1 billion in 2023 and is projected to grow from USD 16.1 billion in 2026 to USD 3.5 billion by 2040, at a CAGR of 10.2% from 2024 to 2040. Increasing shale gas production globally i... Read More »
May 2024The global LGC and VLGC LNG shipyard carrier market size was estimated at USD 8,988.76 million in 2023 and is projected to grow at a CAGR of 11.2% from 2024 to 2040. The demand for liquefied natural gas (LNG) has increased significantly in recent years, driven by several geopolitical and... Read More »
April 2024The Asia Pacific gas turbine market size was estimated at USD 3.79 billion in 2023 and is anticipated to expand at a CAGR of 5.2% from 2024 to 2030. This growth is driven by the necessity of effective power-producing infrastructure. Improved efficiency gas turbine sales have increased in... Read More »
April 2024The U.S. gas turbine market size was estimated at USD 2.27 billion in 2023 and is anticipated to grow at a CAGR of 4.7% from 2024 to 2030. This growth is attributed to the country's well-established end-use industries, which are the main sources of demand for the gas turbine indust... Read More »
March 2024The 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 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 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 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 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 2022