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Crude Tall Oil Market is Anticipated to Witness High Growth Owing to Rising Demand from Construction Industry

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  Crude Tall Oil Market Crude tall oil is a by-product of the kraft pulping process used by many paper mills that derives its name from the tall or tree-like appearance of some of its components under magnification. It is traditionally used in the manufacture of diverse products such as roofing products, printing inks, controlled-slow release fertilizers, metalworking fluids, and drilling muds. The advantages of crude tall oil include low cost, promotion of plant growth, and biodegradability. With the increasing application of crude tall oil derivatives in construction materials such as sealants and adhesives, the demand for crude tall oil is expected to surge. The Global crude tall oil market is estimated to be valued at US$ 1.93 BN in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Crude Tall Oil market are Citec Group Oy Ab, Ingevity Corporation, Georgia-Pacific Chemicals, Forchem Oyj, Kraton Corpor

Nickel Metal Hydride Battery market Growth Accelerated by Rising Demand for Reliable and Safe Rechargeable Batteries

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Nickel Metal Hydride Battery Market Nickel metal hydride (NiMH) batteries are rechargeable batteries commonly used in consumer electronics like toys and cordless power tools. They have advantages like relatively high energy densities, moderate self-discharge rate, and lack of memory effect when compared to other battery technologies. The global Nickel Metal Hydride Battery market is estimated to be valued at US$ 3.38 Mn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising demand for reliable and safe rechargeable batteries from the consumer electronics industry has been a major factor driving the Nickel Metal Hydride Battery Market Growth . NiMH batteries have emerged as an environment-friendly and cost-effective alternative to nickel-cadmium batteries. Their longer lifespan and high energy capacity make them suitable for powering various portable co

Crude Tall Oil Market is Anticipated to Witness High Growth Owing to Rising Applications in Various Industries

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Crude Tall Oil Market Crude Tall Oil (CTO) is a by-product of the pulp mill industry that is obtained from the acidification of black liquor generated during wood pulp production from pine trees. It is a yellowish or amber viscous liquid consisting predominantly of fatty and resin acids. CTO finds numerous applications as a substitute for petroleum in the production of drilling mud, metalworking fluids, concrete mixtures, oils, greases, rubbers, coatings, paper laminates, and numerous chemical intermediates. The rising applications of Crude Tall Oil in various end-use industries such as construction, automobile, coating, rubber and many more is primarily driving the global Crude Tall Oil market growth. The Global Crude Tall Oil market is estimated to be valued at US$ 1.93 BN in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Crude Tall Oil market are Citec Group Oy Ab, Ingevity Corporation, Georgia-

Nickel Metal Hydride Battery Market Growth Accelerated by Rising Demand for Reliable and Safe Rechargeable Batteries

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Nickel Metal Hydride Battery Market Nickel metal hydride (NiMH) batteries are rechargeable batteries commonly used in consumer electronics like toys and cordless power tools. They have advantages like relatively high energy densities, moderate self-discharge rate, and lack of memory effect when compared to other battery technologies. The global Nickel Metal Hydride Battery market is estimated to be valued at US$ 3.38 Mn in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Rising demand for reliable and safe rechargeable batteries from the consumer electronics industry has been a major factor driving the Nickel Metal Hydride Battery Market Growth . NiMH batteries have emerged as an environment-friendly and cost-effective alternative to nickel-cadmium batteries. Their longer lifespan and high energy capacity make them suitable for powering various portable co

Biogas Market is Anticipated to Witness High Growth Owing to Increasing Demand for Renewable Sources of Energy

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Biogas Market Biogas is a mixture of different gases produced by the breakdown of organic matter in the absence of oxygen. It is primarily composed of methane and carbon dioxide. Biogas can be produced from raw materials such as agricultural waste, municipal solid waste, plant material, sewage, green waste, and food waste. It is a renewable source of energy and is considered carbon neutral. The benefits of biogas include reducing greenhouse gas emissions, providing renewable energy, treating organic wastes, and producing biofertilizer as a byproduct. With growing concerns around environmental pollution and the need for more sustainable energy sources, biogas production is increasing globally. The Global biogas market is estimated to be valued at US$ 75.46 Mn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period from 2024 to 2030. Key Takeaways Key players operating in the biogas market are Aeolos Wind Energy Ltd, BORNAY, Braun Windturbinen GmbH, Britwind, EasyW

Hydropower Market: Growth Accelerated by Expanding Renewable Energy Generation

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Hydropower Market   Hydropower involves generating electricity from the kinetic energy of flowing or falling water. Hydropower plants vary in size from large grid-connected installations with several generators to small micro hydropower systems with as little as 100 kilowatts of capacity or as required to power a single home or small community. Hydropower offers clean and renewable energy and its reservoirs also provide water for domestic and agricultural use. The global hydropower market is estimated to be valued at US$ 260.21 Bn in 2024 and is expected to exhibit a CAGR of 18.% over the forecast period 2024 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Expanding renewable energy generation is one of the key trends driving growth in the global hydropower market. Many countries worldwide are increasing their installation of renewable energy sources in order to meet rising energy demand as well as reduce dependence on fossil fuel

Industrial Energy Efficiency Market Growth Accelerated by Rising Demand for Energy-Efficient Solutions

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Industrial Energy Efficiency Market Industrial energy efficiency solutions help optimize energy usage and reduce associated costs in various industrial verticals such as manufacturing, oil and gas, mining, etc. These solutions enable monitoring and management of energy consumption through software and services. They improve productivity, reduce production costs, and decrease carbon footprint . The global Industrial Energy Efficiency Market is estimated to be valued at US$ 150 billion in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trends driving the growth of the industrial energy efficiency market is the rising demand for energy-efficient solutions across various industries to curb energy costs and maximize profits. Manufacturing industries are the primary adopters of these solutions as they help reduce electricity consumption required f

Global SURF (Subsea Umbilicals, Risers, and Flowlines) Market Growth Accelerated by Increased Deep-water and Ultra-deepwater Exploration and Production Activities

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SURF (Subsea Umbilicals, Risers, and Flowlines) Market The SURF market provides safe and cost-efficient SURF infrastructure for offshore exploration and production activities. Key products include umbilicals for power and control transmission, risers for safe hydraulic management, and flowlines for hydrocarbon transportation. With global energy demand surging and easy-to-extract reserves depleting, the importance of deep-water reserves continues to grow vastly. The global SURF Market is estimated to be valued at US$ 43.47 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key market trends driving the growth of the SURF market is the increased deep-water and ultra-deepwater exploration and production activities globally. Deep-water drilling requires specialized SURF equipment that can withstand high pressure conditions and operate faultlessly

Global Flexfuel Cars Market is Estimated to Witness High Growth Owing to Opportunity of Reduce Vehicle Emission

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Flexfuel Cars Market Flexfuel cars, also known as flexible-fuel vehicles, are automobiles that run on more than one type of fuel such as gasoline, ethanol or methanol fuel blends. These vehicles have additional fuel injection components that allow them to use multiple fuels. Advantages of flexfuel cars include reduction in vehicle emission, less dependency on gasoline and flexibility in fuel choice. With growing environmental concerns around conventional fuel vehicles, flexfuel cars provide a sustainable transportation solution and have gained popularity globally. The global Flexfuel Cars Market is estimated to be valued at US$ 124.52 Bn in 2023 and is expected to exhibit a CAGR of 8.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity of reduce vehicle emission from flexfuel cars is driving their adoption globally. Ethanol blended fuels produce less harmful emissions compared to convent

Geothermal Power Market Generation is Estimated to Witness High Growth Owing to Opportunity of increasing energy security

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Geothermal Power Market Geothermal power generation uses geothermal energy from the natural heat generated and stored in the earth to produce electricity. It is a renewable and sustainable source of energy. Geothermal power plants produce electricity 24 hours a day without emitting any greenhouse gases. With the growing environmental concerns regarding climate change, many countries are shifting their focus towards developing renewable sources of energy. Geothermal energy is baseload renewable energy that can complement other renewables like solar and wind power. The Global Geothermal Power Market is estimated to be valued at US$ 5.78 Bn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Increasing energy security is driving the growth of Geothermal Power Market. Reliance on fossil fuels makes countries vulnerable to price and supply volatility in interna

Offshore Decommissioning Market Growth Accelerated by Reusing and Recycling of Materials

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Offshore Decommissioning Market Offshore decommissioning involves removing aging oil and gas platforms and other offshore structures from operation once production has ceased. It involves activities such as plugging and abandoning wells, disconnecting pipelines, removing towers, living quarters and other structures. Decommissioning offers products such as reuse and recycling of materials which helps reduce costs associated with projects and has minimal impact on the environment. The global Offshore Decommissioning Market is estimated to be valued at US$ 7.07 Bn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Reusing and recycling materials recovered from decommissioning operations is one of the major trends in the offshore decommissioning market. It helps to reduce project costs significantly as repurposed materials can be resold rather than sending them

Thermal Energy Storage Market is Estimated to Witness High Growth Owing to Opportunity of Meeting Peak Electricity Demand

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Thermal Energy Storage Market Thermal energy storage systems play a vital role in balancing electricity generation and demand by storing heat or cold for later use. These systems help in storing thermal energy by heating or cooling a storage medium so that the stored energy can be used for heating and cooling applications when needed. Increasing use of these systems in utilities, commercial, and residential sectors to shave peak loads and shift energy demand from peak to off-peak hours is driving the growth of the thermal energy storage market. The global thermal energy storage market is estimated to be valued at US$ 5.13 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Meeting peak electricity demand presents a major opportunity for growth in the thermal energy storage market during the forecast period. Thermal energy storage helps in shifting the demand

Power Rental Market is Estimated To Witness High Growth Owing To Trends in Decarbonization

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Power Rental Market The Power Rental Market is estimated to be valued at US$ 6.19 Bn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The power rental market involves renting of generator sets, portable equipment, and utilities on rental basis to fulfill temporary or auxiliary power needs. Power rental equipment find application in several end-use industries such as construction, mining, oil & gas, utilities, manufacturing, and events. They provide reliable power solutions during power outages, natural calamities, and equipment maintenance downtime. Market key trends: One of the major trends driving the power rental market growth is decarbonization. Companies across various industries are focusing on use of cleaner fuel solutions and renewable energy integration to reduce their carbon footprint. This is increasing demand for hybrid and natural gas generat

The Growing Demand From Transportation Sector Set To Bolster The Cryogenic Tanks Market

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Cryogenic Tanks Market The Cryogenic Tanks Market is estimated to be valued at US$ 6.84 Bn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview Cryogenic tanks are vacuum insulated closed containers used to store cryogenic liquids such as liquid oxygen, liquid nitrogen, and liquid natural gas at very low temperatures. They are majorly used in healthcare, transportation, metal processing, energy, and research and development industries. In healthcare industry, cryogenic tanks are used to preserve cells, tissues, blood, stem cells and other biological products. In transportation sector, cryogenic tanks are utilized to transport liquefied natural gas over long distances via ships, trucks and trailers. Market Dynamics Surging demand for LNG as a transportation fuel is a major driver for the cryogenic tanks market growth. LNG has lower greenhouse gas emissions as compare

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