DUBLIN--(BUSINESS WIRE)--The "Global Drilling Fluids Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global drilling fluids market is expected to grow at a CAGR of 6.47% over the forecast period to reach a total market size of US$16.278 billion by 2025, increasing from US$11.175 billion in 2019.
Drilling fluids, also known as drilling mud, plays an important role in facilitating the drilling process by suspending cuttings, controlling pressure, stabilizing exposed rock, providing buoyancy, cooling, and lubricating.
Every drilling activity requires drilling fluids and they are used extensively across the globe. Drilling fluids are water, oil, or synthetic-based, and each composition provides different solutions in the well. Drilling fluids are essential to drilling success, as it maximizes recovery and minimizes the amount of time taken to achieve the required goal. Drilling deeper, longer, and more challenging wells being practiced has been made possible by improvements in drilling technologies, including more efficient and effective drilling fluids.
Market dynamics
The growing energy demand globally owing to population growth is the major driver for the drilling fluids market. Also, with the successful implementation of nanotechnology in the oil and gas industry, many companies have been investing heavily in drilling fluids. On the brighter side, most of the onshore locations in the global drilling fluids market are currently facing depletion which has prompted many companies to drill deeper. This requires a much larger amount of drilling fluid to function in an optimum condition which will create a higher demand for drilling fluids in most regions.
However, the drilling fluids market faces challenges owing to various environmental and socioeconomic risk factors associated with the drilling industry. Factors like huge demand for clean and renewable energy globally, highly volatile crude oil market, strict government laws and regulations, and environmental concerns related to exploration activities may restrain the market growth.
Furthermore, due to growing environmental concerns on account of harmful effects of using oil-based fluids major players are investing heavily in research and development activities leading to the growing adoption of water-based drilling fluids. Therefore, players are shifting their resources on developing new solutions based on nanotechnology to overcome technological and environmental challenges they are facing in the current time and thus opening a wide array of opportunities for the market.
Oil and gas industry
For the extraction of oil and gas, drilling has to be conducted in the oilfields, which makes use of the drilling fluids in order to make the drilling process more efficient and effective, thus, improving the yield of the oil and gas, by reducing the wastage. Some additives are also added to the drilling fluids to increase the viscosity, lower the shear rate when drilling is being performed in high angle situations or deeper oil well. In conjunction, drilling fluids are also able to facilitate the collection of cutting and shavings on the surface to prevent contamination of the oil. Moreover, some of the companies are expanding drilling operations to meet the increasing energy demands.
North America is holding a significant share in the market
By geography, the global Drilling Fluids market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The North American region is expected to hold a significant share in the market owing to huge reserves of unconventional hydrocarbon reserves (shale gas) coupled with the growth in gas exploration and increase in drilling activity for oil and gas in the region. Besides, the governments in the region have also formed policies and regulations for the prevention of the degradation of the environment which opens the range of opportunities for new advance products. The Asia Pacific region is expected to witness exponential growth on account of the rise in the exploration of oil fields from untapped reserves due to lack of technology. Also, countries like India and China are investing heavily to reduce the dependency on crude imports showing growth opportunities for drilling fluid manufacturers and vendors in the region.
Companies Mentioned
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Global Drilling Fluids Market Analysis, By Fluid Type
5.1. Introduction
5.2. Water-Based
5.3. Oil-Based
5.4. Synthetic-Based
5.5. Other fluid types
6. Global Drilling Fluids Market Analysis, By Application
6.1. Introduction
6.2. Onshore
6.3. Offshore
7. Global Drilling Fluids Analysis, by Geography
7.1. Introduction
7.2. North America
7.3. South America
7.4. Europe
7.5. The Middle East and Africa
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/76xqu6
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Laura Wood, Senior Press Manager
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AMES, Iowa--(BUSINESS WIRE)--Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that its President and Chief Executive Officer, Cynthia (CJ) Warner will present at the Renewable Fuels Panel at Morgan Stanley Virtual Energy & Clean Tech Corporate Access Day on Wednesday, December 2, 2020, at 3:00 PM ET.
The Company will also host virtual investor meetings throughout the day. Attendance at the conference is by invitation only for clients of Morgan Stanley. Interested investors should contact your Morgan Stanley sales representative to secure a meeting time.
About Renewable Energy Group
Renewable Energy Group, Inc. (Nasdaq: REGI) is leading the energy industry's transition to sustainability by transforming renewable resources into high-quality, cleaner fuels. REG is an international producer of cleaner fuels and North America’s largest producer of biodiesel. REG solutions are alternatives for petroleum diesel and produce significantly lower carbon emissions. REG utilizes an integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2019, REG produced 495 million gallons of cleaner fuel delivering over 4.2 million metric tons of carbon reduction. REG is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.
Investor Relations:
Renewable Energy Group
Todd Robinson
Treasurer
+1 (515) 239-8048
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DUBLIN--(BUSINESS WIRE)--The "Global Wind Turbine Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
Global wind turbine market was valued at US$90.114 billion in 2019 and is expected to grow at a CAGR of 5.34% over the forecast period to reach a total market size of US$123.154 billion in 2025.
Wind power technologies transform the kinetic energy of the wind into mechanical power. Wind is used to generate electricity using the kinetic energy created by air in motion which is then transformed into electrical energy using wind turbines or wind energy conversion systems. The amount of energy that can be harvested from wind depends on the size of the wind turbine and the length of its blades. As such, the total energy output is proportional to the dimensions of the rotor and to the cube of the wind speed.
Renewable power generation can help nations meet their sustainable development goals and targets through the provision of access to clean, reliable, secure, and affordable energy. Growing focus on environmental sustainability across the globe is the major driver of global wind turbine market. Governments of different nations as well as global organizations are continuously trying to achieve their set targets of reducing carbon footprints/greenhouse gas (GHG) emissions. Increasingly pronounced effects of climate change coupled with the finite nature of non-renewable energy sources has made it necessary for the world to secure alternative power sources.
Onshore dominates the global wind turbine market
By location, the global turbine market has been segmented as onshore and offshore. Onshore wind turbine market accounted for the major market share in 2019. According to the IRENA statistics, the onshore wind energy installed capacity has increased from 177,790 MW in 2010 to 594,253 MW in 2019. The infrastructure of onshore wind farms necessary to transmit electricity is relatively less expensive than that of offshore wind farms. Moreover, onshore wind energy is currently the cheapest form in the global renewable industry. The offshore wind energy installed capacity, according to IRENA statistics, has grown from 3,056 MW in 2010 to 28,155 MW in 2019. Many parts of the world have strong wind speeds, but remote locations are the best ones for producing wind power. As such, offshore wind power locations offers tremendous potential and the segment is projected to witness a substantial CAGR during the forecast period.
Europe is one of the major wind turbine regional markets
By geography, global wind turbine market has been segmented into five major regional markets - North America, South America, Europe, Middle East and Africa (MEA), and Asia Pacific (APAC). Europe accounted for a significant market share in 2019 on account of high level of installation of wind turbines in the region. High concerns regarding environmental sustainability across the EU (European Union) member states with set targets of reducing the reliance on non-renewable energy sources is further boosting the installation of wind turbines across the region, thus positively impacting Europe wind turbine market growth. For instance, it has been recently announced by the sustainable energy company Vattenfall that a 50-turbine wind farm in southern Scotland will be set up and running by 2023 which will power approximately 170,000 homes in the United Kingdom. Also, ecoJoule construct GmbH has recently provided a 28 MW re-powering order to Vestas for the wind project Brest in northern Germany.
Impact of COVID-19 on global wind energy industry
The wind energy industry supply chain has experienced a major disruption in the first quarter, particularly on the manufacturing and assembly of wind turbine, due to the ongoing COVID-19 pandemic outbreak. Major wind energy equipment suppliers such as Siemens and General Electric among others have faced production shutdowns which has resulted in a huge backlog and delay in fulfilling orders. This drastic supply chain disruption has caused firms to shut factories while making them unable to ship their products to construction sites. The wind sector will continue to be impacted in the months ahead throughout the whole value chain whilst at the operation level, turbines, blades, component, and material orders will be either cancelled or unfulfilled.
Companies Mentioned
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
4.5. Market Attractiveness
5. Global Wind turbine Market Analysis, By Type
5.1. Introduction
5.2. Horizontal-axis Wind Turbine
5.3. Vertical-axis Wind Turbine
6. Global Wind turbine Market Analysis, By Size
6.1. Introduction
6.2. Small
6.3. Medium
6.4. Large
7. Global Wind turbine Market Analysis, By Location
7.1. Introduction
7.2. Onshore
7.3. Offshore
8. Global Wind turbine Market Analysis, By Application
8.1. Introduction
8.2. Utility
8.3. Non-Utility
9. Global Wind turbine Market Analysis, By Geography
9.1. Introduction
9.2. North America
9.3. South America
9.4. Europe
9.5. Middle East and Africa
9.6. Asia Pacific
10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/admimk
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Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Middle-East Oil and Gas Line Pipe Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The natural gas production is the Middle-East region is expected to grow at CAGR of more than 3.7% in the forecast period of 2020-2025, which is expected to drive the demand for line pipes significantly.
With upcoming upstream projects, the oil and gas processing plants are expected to drive the demand for line pipes. Moreover, the multiple refining projects in the region are also increasing the demand for line pipes. On the other hand, the global crude oil price decline in 2020 has led to a halt or delay in various oil and gas projects. Also, total crude oil production in the Middle East declined in 2019. If this trend continues, the market for line pipes can be restrained during the forecast period.
Companies Mentioned
Key Market Trends
Seamless Line Pipes are Expected to Dominate the Market
Seamless pipes are often made using round cross-section steel forms (called rounds) or square billets, which are rolled into a round shape. The seamless pipes are designed in a manner to bear high-stress conditions.
Saudi Arabia to Dominate the Market
The country has vast shale reserves, and the increasing exploitation of its unconventional reserve is expected to drive the demand for line pipes in multiple gathering and treatment stations
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Seamless
5.1.2 Welded
5.2 Geogrpahy
5.2.1 The United Arab Emirates
5.2.2 Saudi Arabia
5.2.3 Rest of Middle-East
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/bcmoo7
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Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Global Marine Fuel Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
Global marine fuel market was valued at US$148.739 billion in 2019 and is expected to grow at a CAGR of 0.84% over the forecast period to reach a total market size of US$156.426 billion in 2025.
Marine fuels, also known as bunker fuels, are hydrocarbon-based fuels that are used on board a ship. These fuels are primarily derived from petroleum sources and may also contain hydrocarbons from renewable or synthetic sources.
Booming global seaborne trade volume is the major driver of marine fuel market. According to the International Chamber of Shipping, the global shipping industry is responsible for carrying around 90 per cent of the overall world trade. Shipping as a transportation option is very important for bulk transport of raw materials and import/export of various manufactured items among different countries. Seaborne trade is continuously expanding with adding benefits for consumers across the world through competitive freight costs. Growing efficiency of shipping as a mode of transport and increased economic liberalization offer strong prospects for the further growth of global shipping industry.
The main reason behind the massive growth of marine industry has been the mushrooming growth in world trade volume, with institutional and technological factors also playing an essential role. The liberalization achievements under the GATT (General Agreement on Tariffs and Trade) and its successor the WTO (World Trade Organization) provided a much needed momentum to world trade in the past. China's economic opening to the world, with its admission to the WTO in 2001, was also very significant for the global trade. The NAFTA (North American Free Trade Agreement) led Mexico's exports to the United States trebled within six years of its establishment. Advancements in information and communications technology have further reduced the costs of mobility and accessibility by allowing new network connections and production processes such as just-in-time production, outsourcing, and offshoring. As a result, declining transportation costs, increase in ship size, and exploitation of economies of scale has also boosted the growth of the global marine industry.
Asia Pacific accounted for the significant share in the global market
Geographically, the global marine fuel market has been segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. According to the UNCTAD statistics, Asia was the largest trading region in 2018, with 4.5 billion tonnes of goods loaded (exports) and 6.7 billion tonnes unloaded (imports) in Asian seaports. On the other hand, the other continents registered less than half of these figures.
Global marine industry being hit hard by COVID-19 pandemic
The rapid spread of coronavirus across the globe has a horrendous impact on the global marine industry, with the slump in demand for goods from China causing a ripple effect on oil tankers and container ships among others. According to the Shanghai International Shipping Institute figures, the capacity utilization within the shipping sector has fell between 20 per cent and 50 per cent at the biggest Chinese ports. Ports have been closed by countries during quarantine period in order to curtail the transmission of this virus among workers. Certain countries have put ban or restricted the entry of marine vessels, thus causing chaos among the marine transportation facilities at the global level.
There has been a decline in import and export of goods and products between countries with perishable goods not being transported due to waiting period of 14 days or as prescribed by the competent authorities in each country. This has further declined the demand for cargos. With owners granting the vessels to charters for a definite time period for fixed costs, the COVID-19 has further imposed difficulties on such settlement as the vessels are prohibited from entering certain ports, thus forcing them to be on territorial waters for an extended time period and causing additional costs to parties.
Companies Mentioned
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porters Five Forces Analysis
4.5. Industry Value Chain Analysis
4.6. Market Attractiveness
5. Global Marine Fuel Market Analysis, By Type
5.1. Introduction
5.2. Fuel Oil
5.3. Gas Oil
6. Global Marine Fuel Market Analysis, By End User
6.1. Introduction
6.2. Oil Tanker
6.3. Gas Tanker
6.4. Chemical Tanker
6.5. General Cargo
7. Global Marine Fuel Market Analysis, By Geography
7.1. Introduction
7.2. North America
7.3. South America
7.4. Europe
7.5. Middle East and Africa
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/gr027c
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Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Global Combined Heat and Power (CHP) Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The combined heat and power (CHP) market is evaluated at US$12.152 billion for the year 2019 growing at a CAGR of 14.37% reaching the market size of US$27.196 billion by the year 2025.
Combined heat and power refers to an energy-efficient system that generates electricity from several types of fuels and has the ability to capture the heat that is generated and can be reused for space heating, domestic hot water, and industrial processes among others. These systems can be installed at several places such as buildings, utilities, and individual facilities, and others. Combined heat and power systems are often considered useful especially for those facilities that have the requirement of electricity and heat both.
The market for combined heat and power systems is primarily being driven by the constantly growing end-user requirements for the replacement of conventional energy systems due to considerably high operational as well as maintenance costs and also due to uninterrupted utility supply. Furthermore, the constantly growing usage of natural gas also acts as a catalyst for the combined heat and power systems market growth during the forecast period. Additionally, the growing demand for energy efficiency especially across the industrial sector has further propelled the adoption of these systems in the coming years, which in turn is playing a significant role in shaping up the market growth during the next five years. The beneficial features such as enhanced reliability, efficiency, and safety offered by these cogeneration systems have also led to an upsurge in the adoption across several countries.
Also, there are many countries in both developed and underdeveloped economies of the world that are now inclining their focus on the reduction of greenhouse gas emissions which has further led to an increased spending in renewable energy projects which in turn is anticipated to propel the business growth opportunities for the manufacturers over the course of the next five years.
According to the United States Environmental Protection Agency, approximately two-thirds of the energy that is primarily used by conventional energy systems is often wasted as discharged heat to the atmosphere. During the electricity distribution process, a significant amount of energy is also wasted in the form of heat. Thus, these systems are considered as highly beneficial as they are able to capture the heat and help in distribution losses. These systems are able to improve efficiency by almost 80% which is around 30% higher than the conventional technologies used.
Companies Mentioned
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Combined Heat and Power (CHP) Market Analysis, by Fuel Type
5.1. Introduction
5.2. Coal
5.3. Natural Gas
5.4. Biomass
5.5. Others
6. Combined Heat and Power (CHP) Market Analysis, by Application
6.1. Introduction
6.2. Commercial
6.3. Residential
6.4. Industrial
7. Combined Heat and Power (CHP) Market Analysis, by Configuration
7.1. Introduction
7.2. Combustion Turbine
7.3. Steam Boiler
8. Combined Heat and Power (CHP) Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.3. South America
8.4. Europe
8.5. Middle East and Africa
8.6. Asia Pacific
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/66svnl
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Laura Wood, Senior Press Manager
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Horacio Tinoco Joins CAM’s Management Team
HOUSTON--(BUSINESS WIRE)--CAM Integrated Solutions, LLC (CAM), a provider of EPCM services to the onshore oil and gas industry, announced today the appointment of Horacio Tinoco to Director of CAM Automation.
With over 20 years of experience in the oil and gas industry, Tinoco specializes in electrical, controls, automation, and communications systems with a strong background in cyber security and telecommunications systems. He is a dedicated Senior Engineer and leader with strong knowledge of Control, Measurement and HMI systems, and has experience in implementing ISO 9001 Quality Management Systems.
In his prior role, Tinoco served as Industrial Automation Practice Manager for CSE Icon. where he expanded their Industrial Automation business by building a skilled team, implemented all engineering standards, and successfully designed, built, programmed, installed, and commissioned 20+ whole site automation systems. He earned a Bachelor of Science degree in Electronics and Communications Engineering from ITESM.
Craig Pierrotti, CEO, states, “I am proud of how far our Automation and Controls division has come in the past year and I know that Horacio is the key leader to take it to the next level. 2021 is going to be a big year for CAM and we are excited to move into expansion mode.”
About CAM Integrated Solutions, LLC (CAM)
CAM Integrated Solutions, founded in 2015, provides integrated EPCM solutions for onshore oil and gas upstream and midstream projects. CAM provides clients with a wide range of services, from concept to in-service, including engineering and design, procurement, fabrication, construction management, survey, right-of-way, and automation and controls. CAM’s multi-talented, operator-experienced team delivers consistent results for simple or complex projects. For more information, visit www.camintegrated.com.
Media Contact:
Kelli Hardin
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832-533-8202
camintegrated.com
DUBLIN--(BUSINESS WIRE)--The "Crude Tall Oil Derivative Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The crude tall oil derivative market is anticipated to showcase a considerable growth rate during the forecast period (2020-2026).
The rising environmental concerns increased the adoption of recycling, and the growing adoption of bio-based products in the end-user industries is a major contributor towards the growth of the global crude tall oil derivative market. However, directing crude tall oil derivative feedstock more into biodiesel application may restrain the growth of the crude tall oil derivative market across the globe.
The crude tall oil derivative market is segmented on the basis of the fraction and end-user industries. Based on fractions, crude tall oil derivative market is segmented into tall oil pitch, tall oil rosin, distilled tall oil, and tall oil fatty acid. Based on end-user the global market is segmented into automotive, specialty chemicals & petrochemicals, oil & gas mining, and others.
Geographically, the market is segmented into North America, Europe, Asia Pacific and the Rest of the World. North America is anticipated to hold considerable market share during the forecast period. The significant presence of end-use industries in the region is contributing towards the high share of crude tall oil derivative market in North America. Asia-Pacific is anticipated to exhibit considerable market growth during the forecast period. The increasing usage of crude oil derivatives in the petrochemical & specialty chemical industry in China is the key promoter of the crude tall oil derivative market in the region.
Companies Mentioned
The Report Covers
Key Topics Covered:
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Ingevity Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Eastman Chemical Company
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. SunPine AB
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Respol Group
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Kraton Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Crude Tall Oil Derivatives Market by Fraction
5.1.1. Tall Oil Pitch
5.1.2. Tall Oil Rosin
5.1.3. Distilled Tall Oil
5.1.4. Tall Oil Fatty Acid
5.2. Global Crude Tall Oil Derivatives Market by End-User Industry
5.2.1. Automotive
5.2.2. Specialty Chemicals & Petrochemicals
5.2.3. Oil & Gas Mining
5.2.4. Other
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ck6f8d
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Algae Biofuel Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering.
As the Algae Biofuel industry shifts, the report presents the emerging market trends, factors driving the Algae Biofuel market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Algae Biofuel companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Algae Biofuel industry trends.
To avoid getting left behind in an intensive competitive Algae Biofuel market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Algae Biofuel companies must strengthen their capabilities to maintain their market shares in the Algae Biofuel industry.
To assist Algae Biofuel manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of "Algae Biofuel market size, share, opportunities, and outlook to 2026". The report explores changing Algae Biofuel market landscape, capital markets, strategies, mergers & acquisitions in the global and country-level markets.
The report presents an introduction to the Algae Biofuel market in 2020, analyzing the COVID-19 impact both quantitatively and qualitatively. It presents the strategies being adopted by leading Algae Biofuel companies, emerging market trends, Algae Biofuel market drivers, challenges, and potential opportunities to 2026. The market attractiveness index is also included to assess the impact of suppliers, buyers, competitive landscape, new entrants, and substitutes on the Algae Biofuel market.
The global Algae Biofuel market size is forecast across different scenarios including the actual forecasts and COVID-19 affected forecasts from 2019 to 2026. Further, Algae Biofuel market revenue and market shares in global industry are forecast across different types of Algae Biofuel, applications, and end-user segments of Algae Biofuel and across 18 countries.
Companies Mentioned
Report Guide
General Scope
Key Topics Covered:
1 Table of Contents
2 Executive Summary
2.1 Market Panorama, 2020
2.2 Algae Biofuel Outlook to 2026 - Original Forecasts
2.3 Algae Biofuel Outlook to 2026 - COVID-19 Affected Forecasts
3 Strategic Analytics to Boost Productivity and Profitability
3.1 Potential Market Drivers and Opportunities
3.2 New Challenges and Strategies being adopted by Companies
3.3 Short Term and Long Term Algae Biofuel market trends
3.4 Impact of New Entrants, Competitive Landscape, Substitutes, Buyer and Supplier Powers
4 Global Algae Biofuel Market Outlook across Types to 2026
4.1 Asia Pacific Algae Biofuel Market Outlook across Types, 2019 - 2026
4.2 Europe Algae Biofuel Market Outlook across Types, 2019 - 2026
4.3 North America Algae Biofuel Market Outlook across Types, 2019 - 2026
4.4 South and Central America Algae Biofuel Market Outlook across Types, 2019 - 2026
4.5 Middle East Africa Algae Biofuel Market Outlook across Types, 2019 - 2026
5 Global Algae Biofuel Market Outlook across Applications to 2026
5.1 Asia Pacific Algae Biofuel Market Outlook across Applications, 2019 - 2026
5.2 Europe Algae Biofuel Market Outlook across Applications, 2019 - 2026
5.3 North America Algae Biofuel Market Outlook across Applications, 2019 - 2026
5.4 South and Central America Algae Biofuel Market Outlook across Applications, 2019 - 2026
5.5 Middle East Africa Algae Biofuel Market Outlook across Applications, 2019 - 2026
6 Country - wise Algae Biofuel Market Analysis and Outlook to 2026
7 Global Algae Biofuel Market Competitive Analysis
7.1 Top 10 Leading Companies in the global Algae Biofuel industry
7.1.1 Business Overview
7.1.2 Algae Biofuel Products and Services
7.1.3 SWOT Analysis
7.1.4 Financial Profile
8 Global Algae Biofuel Market - Recent Developments
8.1 Algae Biofuel Market News and Developments
8.2 Algae Biofuel Market Deals Landscape
9 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/jxotzq
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DUBLIN--(BUSINESS WIRE)--The "Marine Mining Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering.
As the Marine Mining industry shifts, the report presents the emerging market trends, factors driving the Marine Mining market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Marine Mining companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Marine Mining industry trends.
To avoid getting left behind in an intensive competitive Marine Mining market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Marine Mining companies must strengthen their capabilities to maintain their market shares in the Marine Mining industry.
To assist Marine Mining manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of "Marine Mining market size, share, opportunities, and outlook to 2026". The report explores changing Marine Mining market landscape, capital markets, strategies, mergers & acquisitions in the global and country-level markets.
The report presents an introduction to the Marine Mining market in 2020, analyzing the COVID-19 impact both quantitatively and qualitatively. It presents the strategies being adopted by leading Marine Mining companies, emerging market trends, Marine Mining market drivers, challenges, and potential opportunities to 2026. The market attractiveness index is also included to assess the impact of suppliers, buyers, competitive landscape, new entrants, and substitutes on the Marine Mining market.
Companies Mentioned
Report Guide
General Scope
Key Topics Covered:
1 Table of Contents
2 Executive Summary
2.1 Market Panorama, 2020
2.2 Marine Mining Outlook to 2026 - Original Forecasts
2.3 Marine Mining Outlook to 2026 - COVID-19 Affected Forecasts
3 Strategic Analytics to Boost Productivity and Profitability
3.1 Potential Market Drivers and Opportunities
3.2 New Challenges and Strategies being adopted by Companies
3.3 Short Term and Long Term Marine Mining market trends
3.4 Impact of New Entrants, Competitive Landscape, Substitutes, Buyer and Supplier Powers
4 Global Marine Mining Market Outlook across Types to 2026
4.1 Asia Pacific Marine Mining Market Outlook across Types, 2019 - 2026
4.2 Europe Marine Mining Market Outlook across Types, 2019 - 2026
4.3 North America Marine Mining Market Outlook across Types, 2019 - 2026
4.4 South and Central America Marine Mining Market Outlook across Types, 2019 - 2026
4.5 Middle East Africa Marine Mining Market Outlook across Types, 2019 - 2026
5 Global Marine Mining Market Outlook across Applications to 2026
5.1 Asia Pacific Marine Mining Market Outlook across Applications, 2019 - 2026
5.2 Europe Marine Mining Market Outlook across Applications, 2019 - 2026
5.3 North America Marine Mining Market Outlook across Applications, 2019 - 2026
5.4 South and Central America Marine Mining Market Outlook across Applications, 2019 - 2026
5.5 Middle East Africa Marine Mining Market Outlook across Applications, 2019 - 2026
6 Country - wise Marine Mining Market Analysis and Outlook to 2026
7 Global Marine Mining Market Competitive Analysis
7.1 Top 10 Leading Companies in the global Marine Mining industry
7.1.1 Business Overview
7.1.2 Marine Mining Products and Services
7.1.3 SWOT Analysis
7.1.4 Financial Profile
8 Global Marine Mining Market - Recent Developments
8.1 Marine Mining Market News and Developments
8.2 Marine Mining Market Deals Landscape
9 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/2j4kjy
ResearchAndMarkets.com
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LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News:
TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Arnaud Pieton, President Technip Energies, will address attendees on Monday, November 30, at 3:00 p.m. GMT at the following event:
Berenberg European Conference
November 30 – December 4, 2020
Location: Virtual Conference
The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event.
###
About TechnipFMC
TechnipFMC is a global leader in the energy industry; delivering projects, products, technologies and services. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our customers’ project economics.
Organized in three business segments — Subsea, Surface Technologies and Technip Energies — we are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our customers in developing their energy resources and in their positioning to meet the energy transition challenge.
Each of our approximately 37,000 employees is driven by a steady commitment to clients and a culture of project execution, purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
TechnipFMC utilizes its website www.TechnipFMC.com as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world’s energy industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.
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Vice President Investor Relations
Tel: +1 281 260 3665
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Phillip Lindsay
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PARIS LA DÉFENSE--(BUSINESS WIRE)--Following the first phase of the program in which two demonstrators have successfully proven their operational performances at sea, France and the United Kingdom marked the tenth anniversary of the Lancaster House treaties by signing a joint contract for Thales to start the production phase of MMCM to deliver eight unmanned mine hunting systems (four for France and four for the United Kingdom).
With the threat of mines and improvised explosive devices present in all conflicts involving naval forces, countries need to strengthen the protection of their maritime domain, to ensure the protection of their assets and to safeguard the freedom of civil navigation. At the same time, it is essential to limit human exposure to mines. With 50 years of expertise serving navies around the world, Thales develops technologies that enable the transition from conventional solutions, such as minehunters, to unmanned solutions. The MMCM program is the first step in the renewal of the operational concept for mine warfare in France and the United Kingdom, based on the use of unmanned systems which could potentially replace traditional minehunters.
This is a step change in capability, improving performances, productivity and removing the need to place members of the armed forces in harm’s way. It strengthens the leadership of the French Navy and Royal Navy as world leaders in both mine hunting and unmanned systems in the maritime domain.
The subsystems developed for the programme by Thales and its partners include Unmanned Surface Vehicles (USV) to transport and connect solutions and a cutting-edge sonar (SAMDIS) offering unique Single Path Multi View capability to identify and classify threats. The SAMDIS sonar can be carried by Autonomous Underwater Vehicles (AUV) or by Towed Synthetic Aperture Multiviews (TSAM) vehicle operated from the USV. The USV can also carry a Remotely Operated Vehicle (ROV) to neutralize the threats. The entire system is remotely supervised by operators working from a Portable Operational Centre (POC) capable of controlling up to three systems in parallel at sea.
MMCM is the only proven system to offer advanced technologies, including autonomy, to improve performance and productivity thanks to the combination of unrivalled real time user experience using big data exchanges with trusted augmented artificial intelligence (A2I) to provide huge improvement of customer trust in operation clearance and increase the security of national interests. As a result of Thales’s open-architecture approach to MMCM, these new technologies can be easily integrated into the overall system, providing the navies with the opportunity to introduce new operational capabilities, in a planned way, throughout the life of the system.
After the success of the first configuration conducted under real operational conditions with the complete system, Thales is now fully committed to deliver the first operational systems to French and British navies by 2022. This program testifies of the exemplary cooperation between the two states and industrial teams and anchors Thales’s unique expertise and World leading position in conventional MCM, supporting over half the world’s anti-mine vessels with over 300 systems in service.
“Thales is grateful to France and the United Kingdom for trusting such an important technology transition with the Thales teams in France and the UK. To date during trials, the MMCM systems and its assets have covered the equivalent of 30.000 soccer fields at sea, sometimes with very rough sea conditions. This is indeed a step change in how Navies will be able to respond in the future to vicious threats such as mines and improvised explosive devices at sea.” Alexis Morel, VP Underwater Systems, Thales.
About Thales
Thales (Euronext Paris: HO) is a global high technology leader investing in digital and “deep tech” innovations –connectivity, big data, artificial intelligence, cybersecurity and quantum technology – to build a future we can all trust, which is vital to the development of our societies. The company provides solutions, services and products that help its customers –businesses, organisations and states – in the defence, aeronautics, space, transportation and digital identity and security markets to fulfil their critical missions, by placing humans at the heart of the decision-making process.
With 83,000 employees in 68 countries, Thales generated sales of €19 billion in 2019 (on a basis including Gemalto over 12 months).
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LONDON--(BUSINESS WIRE)--#apac--The Coke Market is poised to experience spend growth of more than USD 6 billion between 2020-2024 at a CAGR of over 6.96%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages
Read the 120-page research report with TOC and LOE on "Coke Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend."
SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Coke Market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.
Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment
Insights into the Market Price Trends
Insights to help buyers identify and shortlist the most suitable suppliers for their Coke Market requirements. This procurement report answers the following questions:
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Some of the top Coke Market suppliers enlisted in this report
This Coke Market procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
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Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo
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LONDON--(BUSINESS WIRE)--#GlobalWasteHeatRecoveryMarket--The new waste heat recovery market research from Technavio indicates Neutral growth in the short term as the business impact of COVID-19 spreads.
Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the waste heat recovery market.
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"One of the primary growth drivers for this market is the Increasing Focus on Reducing Carbon Footprint,” says a senior analyst for Industrials at Technavio.
Manufacturing facilities, power stations, and oil refineries emit a huge amount of heat along with greenhouse gases. This leaves a huge carbon footprint and causes serious environmental impact. Waste heat recovery systems can utilize this generated heat for numerous applications such as generating electricity, which will save fuel and help reduce CO2 emissions. Several countries have also implemented stringent regulations to control industrial and greenhouse gas emissions. This increasing focus on reducing emissions and carbon footprint is expected to boost the demand for waste heat recovery systems, driving market growth during the forecast period.
As the markets recover Technavio expects the waste heat recovery market size to grow by USD 11.31 billion during the period 2020-2024.
Waste Heat Recovery Market Segment Highlights for 2020
Regional Analysis
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LONDON--(BUSINESS WIRE)--#covid19--SpendEdge forecast the global Oil and Gas Accumulator market is expected to grow by USD 1 billion as we reach 2024. This is due to the impact of the COVID-19 pandemic in the first half of 2020. However, a healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 14.87%.
For the Right Perspective & Competitive Insights- Request Free Sample Report on Pandemic Recovery Analysis
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Our Oil and Gas Accumulator market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.
Major Five Oil and Gas Accumulator Companies:
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Oil And Gas Accumulator 2020-2024: Scope
SpendEdge presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The Oil and Gas Accumulator market report covers the following areas:
Oil And Gas Accumulator Market Geographic Landscape Outlook
SpendEdge suggests various forecast scenarios considering the impact of COVID-19. SpendEdge’s in-depth research has direct and indirect COVID-19 impacted market research reports. SpendEdge's SUBSCRIPTION platform
Oil And Gas Accumulator Market 2020-2024: Key Highlights
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Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo
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LONDON--(BUSINESS WIRE)--#covid19--SpendEdge forecast the global Oil and Gas “Quality Assurance” and “Quality Control” market is expected to grow by USD 2 billion as we reach 2024. This is due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 24.57%.
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Major Five Oil and Gas “Quality Assurance” and “Quality Control” Companies:
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Oil And Gas “Quality Assurance” And “Quality Control” 2020-2024: Scope
SpendEdge presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The Oil and Gas “Quality Assurance” and “Quality Control” market report covers the following areas:
Oil And Gas “Quality Assurance” And “Quality Control” Market Geographic Landscape Outlook
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Oil And Gas “Quality Assurance” And “Quality Control” Market 2020-2024: Key Highlights
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Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo
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Anirban Choudhury
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DUBLIN--(BUSINESS WIRE)--The "Global Asset Integrity Management Market with COVID-19 Impact by Service (NDT, RBI, Corrosion Management, Pipeline Integrity Management, HAZID Study, Structural Integrity Management, RAM Study), Industry, and Geography - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global asset integrity management services market size is estimated at USD 19.4 billion in 2020. It is projected to reach USD 24.2 billion by 2025; it is expected to grow at a CAGR of 4.5% from 2020 to 2025.
The major factors driving the market growth include the growing demand for asset integrity management in new offshore fields in deep waters, declining efficiencies of aging assets, and the need for securing operational safety in various industries, such as oil and gas and power. However, factors such as lack of skilled personnel for operating asset integrity management systems and software pose challenges for market growth.
COVID-19 has affected the operations and financial condition of asset integrity management service providers. The pandemic has resulted in a widespread health crisis, which is adversely affecting the financial markets and economies of countries and end-user industries. This is expected to lead to an economic downturn and negatively affect the market for asset integrity management services.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Asset Integrity Management Services Market
4.2 Asset Integrity Management Services Market, by Service Type
4.3 Asset Integrity Management Services Market, by Industry and Country
4.4 Asset Integrity Management Services Market, by Geography
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Discoveries of New Offshore Fields and Subsequent Rise in Demand for Asset Integrity Management Services
5.2.1.2 Declining Efficiencies of Aging Assets and Need for Operational Safety
5.2.1.3 Stringent Safety Regulations and Quality Control Requirements
5.2.1.4 Climatic Changes Affecting Operations of Various Industries
5.2.2 Restraints
5.2.2.1 Adverse Impact of Harsh Environmental Conditions in Middle East and Arctic Regions on Performance of ASIM Services
5.2.2.2 High Initial Cost and Complexities Associated with Installation of Asset Integrity Management Solutions
5.2.3 Opportunities
5.2.3.1 Convergence of Cloud Technology and Asset Integrity Management Services
5.2.3.2 Expanding Power Sector in Developing Countries
5.2.4 Challenges
5.2.4.1 Lack of Skilled Personnel for Operating Asset Integrity Management Systems and Software
5.3 Impact of COVID-19 on Asset Integrity Management Services Market
5.4 Value Chain Analysis
5.5 Ecosystem
5.6 Patent Analysis
5.6.1 Patents Pertaining to Asset Integrity Management Services Market
5.7 Market Regulations
5.8 Pricing Analysis
5.9 Technology Trends
5.9.1 Digitization of Asset Integrity Management
5.9.2 Non-Destructive Testing, Phased Array Ultrasonic Testing, and 3D Laser Scanning
5.9.3 Geographic Information Systems
5.9.4 Machine Learning and Advanced Analytics
5.10 Asset Integrity Management Services, by Equipment
5.10.1 Vessel, Piping, and Pressure Plant
5.10.2 Fire and Safety Systems
5.10.3 Electrical Systems
5.10.4 Rotating Equipment
5.10.5 Relief and Vent System
5.10.6 Instrumentation and Control
6 Asset Integrity Management in Various Oil and Gas Sectors (Qualitative)
6.1 Introduction
6.2 Upstream Sector
6.2.1 Case Study: North American Upstream Operator
6.3 Midstream Sector
6.3.1 Pipelines: Primary Medium for Transportation of Oil
6.3.2 Use of Ship for Transportation of Oil
6.3.3 Case Study: Large Midstream Operator Selected Asset Integrity Management Software to Run Its Inspection Data Management System (IDMS)
6.3.4 Case Study: Implementation of a Quantitative Risk Program
6.4 Downstream Sector
6.4.1 Case Study: SGS Provided Corrosion Services for a Downstream Company
6.4.2 Case Study: Texmark Chemicals Using IIoT Technologies to Create Refinery of the Future (RoTF)
7 Asset Integrity Management Service Offerings (Qualitative)
7.1 Introduction
7.2 Hardware
7.3 Software
7.4 Services
8 Asset Integrity Management Services Market, by Service Type
8.1 Introduction
8.2 NDT
8.2.1 NDT Services are Suitable in Industries Where Process Shutdown for Inspection Purposes is Uneconomical
Figure 25 NDT Methods
8.3 RBI
8.3.1 Findings of RBI Form Basis of Inspection to Formulate Further Inspection Strategies and Help Companies Achieve Smooth Flow of Operations
8.4 Corrosion Management
8.4.1 Corrosion Management Services are Adopted to Sustain and Enhance Life Assets
8.5 Pipeline Integrity Management
8.5.1 Pipelines Integrity Management Systems Maintain Operability of Pipelines
8.6 HAZID (Hazard Identification) Study
8.6.1 HAZID Study is Predominantly Performed in Oil & Gas Industry
8.7 Structural Integrity Management
8.7.1 Structural Integrity Management Ensures Required Structural Integrity Assurance from Design to Complete Decommissioning Phase
8.8 RAM Study
8.8.1 Increasing Need to Optimize Process/Equipment/System Design to Meet the Requirements with Minimum Costs, and to Generate Cost-Efficient Maintenance Plans is Expected to Drive the Market
9 Asset Integrity Management Services Market, by Industry
9.1 Introduction
9.2 Oil & Gas
9.2.1 Oil & Gas Segment Accounted for Largest Revenue Share of Asset Integrity Management Services Market
9.2.2 Plant Location of Oil & Gas Industry
9.2.3 Onshore
9.2.3.1 Growing Adoption of Robotic Systems to Offer Significant Benefits in Asset Inspection
9.2.4 Offshore
9.2.4.1 Offshore Asset Integrity Management Services Market to Grow at Highest Rate
9.2.5 Subsea
9.2.5.1 Development of New Digital Technologies to Propel Growth of Market for Oil & Gas Industry
9.3 Power
9.3.1 Market for Power Industry in APAC to Grow at Highest Rate During Forecast Period
9.3.2 Renewable Energy
9.3.2.1 NDT is Carried Out on Various Assets Involved in Renewable Energy Generation to Estimate Remaining Operational Life of Assets
9.4 Mining
9.4.1 Stringent Regulations are Forcing Mining Companies to Focus on Improving Safety and Reliability Standards
9.5 Aerospace
9.5.1 NDT Testing Plays a Critical Role in Aerospace Industry
10 Geographic Analysis
11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis of Key Players in Asset Integrity Management Services Market
11.3 Competitive Situations & Trends
11.3.1 Product Launches and Developments
11.3.2 Expansions
11.3.3 Collaborations, Partnerships, & Agreements
11.3.4 Acquisitions
12 Company Evaluation Matrix and Company Profiles
12.1 Company Evaluation Matrix, 2019
12.2 Company Profiles
12.2.1 Key Players
12.2.1.1 Aker Solutions ASA
12.2.1.2 Bureau Veritas SA
12.2.1.3 Intertek Group plc
12.2.1.4 SGS SA
12.2.1.5 TechnipFMC plc
12.2.1.6 Applus Services, SA
12.2.1.7 DNV GL
12.2.1.8 John Wood Group plc
12.2.1.9 Oceaneering International, Inc.
12.2.1.10 Fluor Corporation
12.2.2 Right to Win
12.2.3 Other Key Players
12.2.3.1 Rosen Swiss AG
12.2.3.2 Lifetech Engineering Ltd.
12.2.3.3 EM&I
12.2.3.4 Metegrity Inc.
12.2.3.5 Dacon Inspection Technologies
12.2.3.6 Force Technology Norway AS
12.2.3.7 TWI Ltd.
12.2.3.8 TUV SUD
12.2.3.9 Asset Integrity Solutions (Scotland) Limited
12.2.3.10 Bell Energy Services UK Limited
12.2.3.11 ABS Group
12.2.3.12 Velosi Asset Integrity Limited
12.2.3.13 Axess Group
12.2.3.14 Element Materials Technology
12.2.3.15 Team, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/slu9ko
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DUBLIN--(BUSINESS WIRE)--The "Seamless Pipes and Tubes - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The Asphyxiated Oil & Gas Industry Cuts Off US$25 Billion in Revenues for Seamless Pipes & Tubes
The global market for Seamless Pipes & Tubes is expected to slump by -13.7% in the year 2020 highlighting a US$25.1 billion erosion in market value. Thereafter the market is expected to recover and reach US$230.3 billion by the year 2027 trailing a post-COVID-19 CAGR of 5.6% over the analysis period 2020 to 2027.
The COVID-19 pandemic is a rolling disaster, rapidly spreading and decimating industries and markets across the world. Petroleum refining, oil & gas exploration, chemical production, construction, manufacturing, infrastructure, industrial processing have all been alike impacted. The economic recession, rising unemployment, falling consumer spending, plummeting business confidence & investments have begun to bleed into these industries.
The shattered oil & gas industry is facing its worst ever crisis, an overstocked supply market and a steep decline in demand. Choking economic activity over the last few months is sending shockwaves of disruption through the industry. From prices dipping to subzero to oil producers in the first time in history having to pay to dispose excess stocks, the industry has seen the worst. In this crisis of unimagined magnitude, CAPEX spending is worst hit. As business confidence plummets rapidly, major oil companies have already slashed planned CAPEX spending by almost US$89 billion in 1st quarter 2020.
Travel bans, manufacturing shutdown of all non-essential plants, closure of offices have wielded the most severe demand shock. A mistimed price war between Russia and Saudi Arabia following Russia`s decision to pull out of a joint production cut agreement additionally aggravated the demand supply imbalance. China in early February during the heat of the pandemic banned entry of oil tankers while tightening the lockdown measures. OPEC talks to cut back on production failed as Russia refused to cooperate. Saudi Arabia during this period offered US$6 to US$9 discount per barrel for European, Asian, and U.S customers.
Currently for most oil giants worldwide higher prices are needed to breakeven. Breakeven prices for Saudi Arabia, UAE, Iraq, Azerbaijan, Kuwait, Kazakhstan, and Russia include US$85, US$65, US$64, US$51, US$49, US$42, and US$40 respectively. As a culmination of these factors, the world witnessed negative oil prices become a shocking reality. As rising stockpiles overwhelmed storage facilities, the amount of oil stored on massive tankers on sea skyrocketed to over 160 million barrels in April 2020 as compared to the less than 100 million in April 2009 during the Great Recession.
The entire O&G value chain is feeling the pain as upstream, midstream and downstream operations collapse under a domino effect. Against this backdrop, seamless pipes and tubes is already showing signs of slumping in the year 2020 as piped soil transport and distribution projects gets thrown into the backburner.
The market will nevertheless bounce back as the economies reopen and economic activity picks up momentum. Post COVID-19 recovery will be driven by recovery in exploration and production activity and strengthening oil prices and the resulting sustained growth in demand for high-grade Oil Country Tubular Goods (OCTG).
Improved infrastructure spending, expanding manufacturing and industrial sectors in developing countries will help drive demand recovery for seamless pipes and tubes in industrial boilers, while growing energy investments worldwide will drive gains for seamless tubes in utility boilers. In the oil and gas sector, increased migration of drilling activity to deeper reserves and the continuous shift towards directional drilling projects will spur opportunities for growth over the long term period.
Benefits of seamless pipes and tubes responsible for driving their adoption over and above their conventional welded counterparts include higher pressure rating, higher strength and durability around the circumference of the pipe, uniformity of shape, reduced risk of leaks and pipe failure, resistance to harsh cold and hot environment, superior corrosion resistance, and reduced project costs especially in oil rigs, offshore drilling, pipelines, and machinery production, among others.
In the coming years, ultrahigh-strength seamless tubes will increase in commercial value in applications such as construction machinery especially against the backdrop of weight reduction and fuel and energy optimization. Asia-Pacific will remain a major market supported by large automobile, industrial and construction markets. In the United States, growth will be led by the country`s policy led support for shale oil production as evidenced by proposed plans of the government, in the pre-crisis period, to open up hitherto protected offshore territory to oil and gas drilling.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ip0eam
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DUBLIN--(BUSINESS WIRE)--The "Global Wind Turbine Gear Oil Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The publisher has been monitoring the wind turbine gear oil market and it is poised to grow by 18,254.00 MT during 2020-2024 progressing at a CAGR of 8% during the forecast period.
The reports on wind turbine gear oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the decline in installation cost of wind power systems and growth in wind turbine market.
The wind turbine gear oil market analysis includes product segment and geographical landscapes. This study identifies the favorable government policies as one of the prime reasons driving the wind turbine gear oil market growth during the next few years.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
Companies Mentioned
The wind turbine gear oil market covers the following areas:
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Five Forces Analysis
5. Market Segmentation by Product
6. Market Segmentation by Application
7. Customer landscape
8. Geographic Landscape
9. Vendor Landscape
10. Vendor Analysis
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/3dwr78
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
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DUBAI, United Arab Emirates,--(BUSINESS WIRE)--HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated Dubai Electricity and Water Authority’s (DEWA’s) Innovation Centre and the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park has a planned capacity of 5,000MW by 2030, with investments up to AED50 billion.
HH Sheikh Mohammed bin Rashid Al Maktoum was briefed by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, about the Innovation Centre, which is a global hub for renewable and clean energy innovation. It supports innovation and creativity in clean and renewable energy, promotes sustainability, develops Emirati talent and enhances the UAE’s competitive advantage in this sector. The four-storey building covers 4,355 square metres and is 88 metres high. The Centre’s research on solar power will support the Dubai Clean Energy Strategy 2050, which aims to diversify the energy mix and provide 75% of Dubai’s total power capacity from clean energy sources by 2050. The Innovation Centre received a platinum rating from LEED (Leadership in Energy and Environmental Design) with 101 points out of a possible 110 in the first quarter of 2020.
DEWA built the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park using the Independent Power Producer (IPP) model in partnership with a consortium led by Abu Dhabi Future Energy Company (Masdar) and EDF Group, through its subsidiary EDF Énergies Nouvelles at an investment of AED3.47 billion. The third phase provides clean energy for over 240,000 residences in Dubai. The facility is the first of its kind in the Middle East and North Africa region to use single axis solar tracking to increase energy generation. It also uses other innovative technologies including cleaning robots for photovoltaic panels to increase the plant’s efficiency.
DEWA has attracted AED40 billion in investments and enhanced public-private partnerships through the IPP model that has created promising opportunities. By implementing the IPP model, Mohammed bin Rashid Al Maktoum Solar Park projects have recorded the world’s lowest solar power prices five times in a row.
*Source: AETOSWire
Dubai Electricity and Water Authority
Khuloud Al Ali, +971563974965
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