Energy Market Data

  High Performance Fibers Industry Overview The global high performance fibers market size was valued at USD 11.90 billion in 2021 and is expected to grow at a compounded annual growth rate (CAGR) of 8.7% from 2022 to 2030. Increasing usage of high performance fibers (HPF) in the reinforcement of composites for applications in military vehicles, aircraft, electronics, and sports goods is projected to drive the industry growth over the forecast period. Some of the high-performance fibers provide superior features, such as high thermal and chemical resistance to most organic solvents, high abrasion resistance, non-conductivity, and good fabric integrity at elevated temperatures. In addition, the product offers superior strength to weight ratio and high rigidity, thereby providing high utility in aerospace applications. The HPF market is subjected to stringent rules and regulations regarding the use of materials followed by aircraft manufacturers. The regulations regarding usage of ...

  Solar Tracker Industry Overview The global solar tracker market size was valued at USD 3.40 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.5% from 2022 to 2030. Rising concerns over energy conservation and transition from non-renewable energy to renewable energy are expected to surge the demand for solar energy and eventually solar trackers over the forecast period at the global level. Solar tracker utilizes various electrical components including actuators, motors, and sensors to orient the solar cell for concentrating the sunlight in order to maximize the energy captured. The captured solar radiations are further converted into electricity, which is utilized by various end-user segments. The rising use of solar power as a potential source of commercial energy generation has gained popularity due to the decreasing solar PV panel cost, which is excepted to further augment market growth. Gather more insights about the market dri...

  Zeolite Industry Overview The global zeolite market size was valued at USD 12.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030. Increasing investments in expanding petrochemicals production coupled with growth in the detergents industry are anticipated to drive the market growth over the forecast period. Due to their stability, superior activity, and selectivity in conversion processes, zeolites are extensively used in the petrochemicals industry as a catalyst for accelerating chemical reactions. Also, owing to their high absorption capacity for liquid components, they are widely used in the production process of detergents. The U.S. was the largest market for zeolite in North America in 2021 and this trend is anticipated to continue over the forecast period. The presence of petrochemical facilities coupled with growth in the consumption of detergents, animal feed, water treatment, and agricultural...

  Nuclear Decommissioning Services Industry Overview The global nuclear decommissioning services market size was valued at USD 6.05 billion in 2021 and is projected to register a CAGR of 5.1% during the forecast period. The worldwide shutdown of older nuclear reactors owing to aging and the transitioning trend toward renewable sources of energy due to minimal environmental impact is likely to be the major forces driving the growth of the market in the coming years. Due to the Covid-19, the nuclear sector faced a few challenges such as unavailability of the workers, restrictions on the number of on-site workers, and disruption in supply chains. Travel restrictions and government guidelines had an adverse impact on the progress of some nuclear decommissioning projects, owing to the limited availability of staff and experts. The end dates of project completion faced the risk of extension. The demand for nuclear decommissioning has observed a tremendous surge due to the growing suppo...