Pressure Vessel Market is Expected to Reach USD 225.84 Billion by 2024: Radiant Insights

The global pressure vessel market is expected to reach USD 225.84 billion by 2024, according to a new report by Grand View Research, Inc. Increasing investment in energy sector is anticipated to be the major driving factor for the industry growth.

These vessels are containers designed to hold liquids or gases at high pressure. They have wide applications across various industries including chemicals, oil & gas, petrochemicals, power in the form of compressed air receivers, distillation towers, hot water storage tanks, nuclear reactor vessels, and natural gas storage systems.

They form an integral part of industry infrastructure for safe handling of gases and liquids. Increasing investment to build high performance-infrastructure for oil exploration activities is expected to drive the industry. The tanks are also used to store propane which is a by-product of liquefied gas processing.

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Their application as boilers in thermal energy production is further anticipated to augment the industry volume in near future. These boilers are also used for the domestic hot water system. Many companies need water in the purest form and use fractional distillation. Overall product usage in distillation towers is anticipated to provide great opportunities for overall industry growth.

Further key findings from the report suggest:

Steel alloy dominated the market with an approximate share of 40% in 2015 and is expected to continue its dominance owing to easy availability of steel and superior qualities. The composite materials sector is anticipated to witness the highest growth over the forecast period. Some composite based vessels are expected to offer better performance than steel, which is expected to increase its preference in the near future.

Boilers are anticipated to grow at significant rate over the forecast period on account of its wide industrial applications, especially in fractional distillation. Around one-fourth of the industry in 2024 is expected to be captured by in nuclear reactors on account of increasing atomic energy implementations.

Power generation was the leading end-use segment and accounted for 33.5% of total market revenue in 2015. Increasing energy demand has been prompting increasing power generation which is expected to drive this segment over the forecast period.

Chemicals manufacturing is anticipated to witness the highest growth rate of 5.8% on account of increasing chemical projects in developing regions including the Middle East and Asia Pacific.

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Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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Global Iron Ore Market Growth, Analysis and Outlook, Overview and Forecasts 2015: Radiant Insights

Synopsis
This report provides a breakdown of mining cash costs per tonne for individual iron ore operations, company production and country production. Timetric's analysis covers 70 iron ore operations accounting for over 1,300Mt of iron ore production globally, the majority of which is export production.
Overall 30 companies have been included, ranging from the large producers , such as Rio Tinto, Vale and BHP Billiton, to one-mine companies, such as BC Iron, and large steel producers, such as Arcelor Mittal.

Summary
This presentation and accompanying Excel data provide an iron ore cost curve for 70 mines contributing to over 90% of the seaborne iron ore market, with breakdown of costs into mining, processing, admin, freight and royalties.

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Specific datasets include:
• Global Mine Level Cost Costs
• Global Company Equity Production Costs
• Country level Production Costs
• Rio Tinto Cost Curve
• Vale Cost Curve
• BHP Billiton Curve

Global Gold Mining Market Trends and Growth, Analysis and Outlook 2020

Synopsis
Timetric's 'Global Gold Mining to 2020' report comprehensively covers global reserves of gold by country, and the historic and forecast data on gold production, prices and gold metal consumption.
The report also includes demand drivers for global gold, profiles of major gold producing companies in the world, and information on active, exploration and development gold projects.
It is an essential tool for companies active in gold mining, and for new competitors considering entering the industry.

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Summary
Global gold reserves were 56,700 tonnes (t) as of January 2016, with Australia accounting for the largest share with 9,100t or 16% of the total, followed by Russia with 8,000t (14.1%), South Africa with 6,000t (10.6%), the US and Indonesia each with 3,000t (5.3%), Peru with 2,800t (4.9%), Brazil with 2,400t (4.2%) and the remainder by other countries.
Gold reserves in Russia are mostly located in the Far East and Krasnoyarsk districts. The Witwatersrand basin remains the largest gold deposit basin in South Africa.

Scope
The report contains an overview of the global gold mining industry together with the key factors affecting the industry and demand for the commodity.
It also provides information about global gold reserves, the historic and forecast data on gold production, prices, gold metal consumption, the competitive landscape and active, exploration and development gold projects.

Reasons To Buy
Gain an understanding of the global gold mining industry, reserves, historic and forecast data on gold production, prices, gold metal consumption, demand drivers, active, exploration and development gold projects and the competitive landscape.

Global Coal Mining Market Share, Size, Trends, Growth, Analysis and Outlook, Overview and Forecasts 2020

Synopsis
Timetric's 'Global Coal Mining to 2020' report comprehensively covers global reserves of coal by country, the historic and forecast data on coal production, prices and coal consumption.
The report also includes demand drivers for global coal, profiles of major coal producing companies in the world and information on the active, exploration and development coal projects.
It is an essential tool for companies active in the global coal mining landscape and for new competitors considering entering the industry.

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Summary
Global coal reserves totaled 891.5 billion tonnes (Bnt) at the end of 2015. Sub-bituminous and lignite coal accounted for 54.8%, or 488.3bnt, while anthracite and bituminous coal collectively accounted for 45.2%, or 403.2Bnt.
The US ranked first in terms of coal reserves, with a global share of 26.6% or 237.3Bnt in 2015, followed by Russia with 157.0Bnt, China with 114.5Bnt, Australia with 76.4Bnt, India with 60.6Bnt and Germany with 40.5Bnt.

Scope
The report contains an overview of the global coal mining industry together with the key factors affecting the industry and demand for the commodity.

It also provides information about global coal reserves, the historic and forecast data on coal production, prices, coal consumption, the competitive landscape and active, exploration and development coal projects.

Reasons To Buy
Gain an understanding of the global coal mining industry, reserves, historic and forecast data on coal production, prices, coal consumption, demand drivers, active, exploration and development coal projects and the competitive landscape.

Key Highlights
Global coal production is dominated by six countries- China, the US, India, Australia, Indonesia and Russia- which together accounted for 78.4% of global production in 2015.
China was the largest producer, with 3.5Bnt, followed by the US with 835.8 million tonnes (Mt), India with 668.0Mt, Australia with 459.9Mt, Indonesia with 425.0Mt, and Russia with 374.8Mt.

Global coal consumption was an estimated 7.6Bnt in 2015, down by 39.3Mt, or 0.5% from 2014. This was mainly a result of falls in consumption in China and the US, of 3.1% and 6.6% from 2014 respectively.

About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com
Visit our Blog: http://chemicalsandmaterialsri.blogspot.com/

MENA Petrochemicals Market Is Predicted to Reach at a CAGR of around 6% by 2019

Overview of the petrochemicals market in MENA

Technavioa€™s research analyst predicts the petrochemicals market in MENA to grow at a CAGR of around 6%, in terms of volume, during the forecast period. The increased demand for petrochemical products from the automotive industry is the primary driver for the growth of this market. The automotive sector accounts for more than 15% consumption of the overall petrochemicals produced globally, with the MENA region accounting for 20% of the global production. For instance, the use of petrochemical products can increase the fuel efficiency of automobiles by nearly 30%.

The growing awareness towards greener environment and the increased focus towards vegetation as a replacement for chemical feedstock is expected to deter the market growth during the forecast period. Bio-based chemicals are replacing the traditional petroleum-based production of chemicals due to the reducing crude oil reserves and fluctuating prices.

Product segmentation and analysis of - ethylene, methanol, propylene, aromatics

Ethylene dominated the petrochemicals market in MENA during 2014, with a market share of 38%. This segment is expected to continue its leadership until the end of 2019, growing at a rate of 7%. The increased use of ethylene for the production of ethylene glycol is driving the growth of this segment. Ethylene glycol is used extensively across the world for the production of polyethylene terephthalate and polyester fibers for use in packaging and fabric industries.

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Global Zinc Mining Market Drivers, Strategies, Products and Competitive Landscape to 2020: Radiant Insights

Synopsis
The 'Global Zinc Mining to 2020' report comprehensively covers historical and forecast data on global zinc mine production to 2020, production by major countries and reserves by grade and geographic region, historic and forecast refined zinc consumption and zinc prices. The report also includes drivers and restraints affecting the industry, profiles of major zinc mining companies and information on the major global active, exploration and development projects.

Summary
Total world zinc reserves amounted to 250.5 million tonnes (Mt) at end of 2013. Australia, China, Peru, Mexico, India, the US and Kazakhstan collectively had 72% of total zinc ore reserves at the end of 2013. Global zinc mine production was 13.7Mt in 2013, up by 1% from 2012. China, Australia, Peru, India, the US, Mexico and Canada contributed 76.8% of the total zinc mine production in 2013.

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Scope
The report contains an overview of the global zinc mining industry together with the key growth factors and restraints affecting the industry. It also provides information about reserves, production, consumption, prices, competitive landscape and major global active, exploration and development projects.


Reason To Buy
Gain an understanding of the global zinc mining industry, the relevant drivers and restraining factors, reserves, historic and forecast production, consumption, prices and the competitive landscape.

Key Highlights
China was the biggest contributor, with 37.2% of total zinc mine production in 2013. The main producing provinces in China are Hunan, Yunnan, Shaanxi, Guangxi and Inner Mongolia, which together contribute around 70% of the country's total production.
Over the forecast period (2014-2020), world zinc mine production is projected to fall to 13.2Mt in 2020 while global zinc consumption which was 13.2Mt in 2013 and up by 7.4% compared to 2012, is expected to reach 16.8Mt in 2020.
A lack of investment in large-scale projects, the exhaustion of large operating mines and a gradual recovery of the global economy are expected to push the global zinc market into a state of pronounced deficit and apply upward pressure on prices.
Upcoming zinc projects are mainly owned by small-scale companies, which account for 40% of global zinc production. There are nine projects, with combined reserves of 334.3Mt, scheduled to commence operations during 2014-2016.

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Global Biodiesel Market To High At A CAGR Of 9.6% To 2019: Radiant Insights, Inc

Global Biodiesel Market Competitive Strategies And Forecasts Report 2019 By Radiant Insights

About biodiesel 
There has been an unprecedented interest in biofuels over the past decade, primarily due to increase in crude oil prices, as this is affecting the economy of many countries that do not have significant oil and gas reserves. High dependence on non-renewable fuels has resulted in economic as well as environmental concerns, such as rising GHG emission levels. Several developing and developed countries have implemented regulatory reforms, blending targets and statutory norms regarding use of biofuels like biodiesel to offset the growing environmental risk associated with conventional fuels.

The feedstock used in the production of biodiesel are agriculture based and can be grown locally, which reduces dependence on external markets. Biodiesel feedstock will help those countries that are highly reliant on agricultural income, as it will lead to optimal use of agricultural wasteland, along with increasing employment opportunities. The feedstock used for the production of biodiesel is also used as food, and this has resulted in conflict with the food sector, leading to an industry-wide debate of "Food vs Fuel." Diversion of feedstock toward production of fuel has led to a shortage and increase in prices of food products. This led to the development of second- and third-generation biodiesels, which use non-food crops as feedstock.

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Technavio's analysts forecast the global biodiesel market to grow at a CAGR of 9.6% over the period 2014-2019.

Covered in this report
This report covers the present scenario and growth prospects of the global biodiesel market for the period 2015-2019. To calculate the market size, the report considers the annual production of biodiesel globally. It also provides the geographical segmentation based on three major regions:
Americas
EMEA
APAC

Technavio's report, Global Biodiesel Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the global biodiesel market and its growth prospects in the coming years. The report includes a discussion on the Key vendors operating in this market.

Key countries
Brazil
Germany
US

Key vendors
ADM
AGP
INEOS Enterprises
Neste
Renewable energy group

Other prominent vendors
Archer Daniel Midland
Brazil Eco Energia
Louis Dreyfus Commodities
Petrobras

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About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA

Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com

Global Flywheel Energy Storage Market To Grow At A CAGR Of 19.6% Over The Period 2016-2020 By Radiant Insights

Global Flywheel Energy Storage Market 2016-2020 By Radiant Insights

About Flywheel Energy Storage
A flywheel energy storage system is a mechanical battery that stores kinetic energy in the form of a rotating mass. In the flywheel energy storage system, a flywheel or rotor is accelerated at a high speed and the energy is maintained as rotational energy. The speed of this system is reduced when the energy is extracted from the system. Flywheel energy storage systems have a longer life, are more reliable, require less maintenance, and have increased efficiency when compared to other energy storage systems.

Technavio's analysts forecast the global flywheel energy storage market to grow at a CAGR of 19.6% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global flywheel energy storage market for 2016-2020. To calculate the market size, the report considers flywheels used in the following applications:
Uninterrupted power supply (UPS)
Load following for distributed generation
Transportation
Others

Technavio's report, Global Flywheel Energy Storage Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA

Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com

Global Low and Medium Capacity Gas Generator Market Is Expected To Reach At A CAGR Of 8.5% Upto 2020 By Radiant Insights

Global Low and Medium Capacity Gas Generator Market 2016-2020: Radiant Insights

About LMC Gas Generator

Generators convert mechanical energy into electrical energy. The source of mechanical energy varies, from an internal combustion engine, a hand crank to compressed air and a reciprocating steam engine. An internal combustion engine uses either diesel, gasoline, propane gas, or natural gas to produce mechanical energy, which is transformed into electrical energy with the help of a generator assembly. Generators are designed to provide temporary AC or DC power. They serve as a source of backup or emergency power for residential, commercial, and industrial applications. A fuel engine powers a typical generator.

Technavio's analysts forecast the global low and medium capacity gas generator market to grow at a CAGR of 8.5% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global low and medium capacity gas generator market for 2016-2020 with a detailed segmentation analysis of the market on kW rating, end-users, and geographical regions.

The market is divided into the following segments based on end-user:
Residential sector
Industrial sector
Commercial sector

Technavio's report, Global LMC Gas Generator Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street,
Suite 3036 San Francisco,
CA 94105 United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Website: http://www.radiantinsights.com/
Email: sales@radiantinsights.com