Concentrated Solar Power Market Is Predicted To Grow By 12.7% by 2025 Owing To The Electricity Crisis

The global Concentrated Solar Power Market is predicted to reach USD 8.92 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth.

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Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated solar power over the forecast timeframe. Favourable government regulations towards reduction of carbon footprint and greenhouse gas (GHG) emissions will further enhance the business growth.

Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The Federal Government sponsored USD 9 million towards the research and development of six new CSP projects in the country, to reduce the total project costs though technological growth.

Substantial reduction in the component costs along with supportive government incentives like energy certificates, and carbon credits will expand the concentrated solar power market over the forecast period. Regulators around the world have been encouraging grid integration, making it an affordable alternative compared to non-renewable energy sources.

Concentrating Solar Power technology can store solar energy in the form of heat, even post sunset, which is perceived as the greatest advantage that it offers over all the other competing technologies. Reliable power supply coupled with flexibility in usage assist in bridging the demand supply deficit, currently faced by nations especially in the developing world. However, CSP technology is capital intensive as compared to other solar thermal technologies, as this may prove to be a restraint for the its adoption over the forecast period.

In terms of technology, the parabolic trough technology held over 75% of the global concentrated solar power market share in 2016. Matured technology coupled with affordable costs as compared to other forms of available systems will positively influence the growth of the concentrating solar power market over the forecast period. Power tower technology was valued over USD 955.5 million by 2025. Enhanced heat storage ability, higher efficiency, and favourable capacity factor will augment the business growth.

Access Full Research Report on Concentrated Solar Power Market: http://www.grandviewresearch.com/industry-analysis/concentrated-solar-power-csp-market

Further key findings from the report suggest

  • The U.S. concentrated solar power market, in terms of value, will witness growth of over 18.9% over the forecast period. Favourable government initiatives like tax credits, installation cost subsidies among other benefits will augment the business growth.
  • In Morocco, climatic conditions are favourable to the growth of CSP technology adoption, in tandem with the existing pipeline projects. Morocco concentrating solar power market is expected to exceed USD 852.2 million over the forecast period.
  • Spain concentrated solar power market size is set to exceed USD 1.22 billion by 2025. Spain is the market leader with the maximum installed capacity in the world as of year 2017.

Grand View Research has segmented the global CSP market on the basis of product and region:

Technology Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)

  • Parabolic Trough
  • Linear Fresnel
  • Dish
  • Power Tower

Application Type Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)

  • Utilities
  • Enhanced Oil Recovery
  • Desalination
  • Others

Regional Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
  • Europe
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Morocco
    • Algeria
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

 

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-concentrated-solar-power-csp-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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Hydropower Market Study Exhibit Auspicious Progress Due To Rising Demand For Clean Energy Sources During Projected Period

The global installed capacity for Hydropower Market is expected to reach 1,524 GW by 2020, according to a new study by Grand View Research, Inc. Cost advantages of hydropower based electricity generation and the substitution of fossil fuel based power production in an attempt to reduce carbon emission is expected to drive market demand. According to the estimates of the International Energy Agency (IEA), the deployment of sustainable hydropower as proposed by this organization will help avoid approximately one billion tones of annual carbon dioxide emission by 2050.

Rapid rise in demand for renewable energy especially in China, India and Brazil and the construction of key hydropower projects including the installation of 32 turbines and the completion of the third phase of the Three Gorges Dam in China in 2012, will fuel the future growth of this market. Supportive regulatory framework for sustainable energy in the U.S. and European Union is also expected to have a positive impact on market demand. Implementation of favorable government regulations such as the Hydropower Regulatory Efficiency Act and Small Conduit Hydropower Development and Rural Jobs in the U.S. and growing number of funding programs pertaining to the renewable energy sector in developed countries such as Italy and Canada are some of the factors which are expected to present future growth opportunities.

Access Full Industry Research Report On Hydropower Market: http://www.grandviewresearch.com/industry-analysis/hydropower-industry

Further Key findings from the study suggest:

  • Industrial applications dominated demand in 2012, accounting for over 40% of the global installed capacity. The global industrial applications market is expected to reach 694.41 GW in installed capacity by 2020.
  • Asia Pacific is expected to be the most dominant regional market by 2020, with China expected to lead hydropower consumption. China is also expected to be the fastest growing market, at an estimated CAGR of 6.2% from 2013 to 2020, to reach an installed capacity of over 400 GW in 2020. The presence of an extensive amount of hydropower projects currently under construction will drive this market.
  • Some of the prominent hydropower projects in China include the Baihetan dam (expected to be completed in 2019), the Wudongde and Xiangjiaba dam (expected to be completed in 2015) and the Xiluodo project.
  • Key players of this market include GE Energy, Andritz AG, China Hydroelectric Corporation, China Three Gorges Corporation, American Hydro Corporation, Alstom Hydro, The Tata Power Company, ABB Ltd and others.

Read Our Blog: http://www.grandviewresearch.com/blogs/energy-and-power

For the purpose of this study, Grand View Research has segmented the global hydropower market on the basis of application and region:

Hydropower Application Outlook,

  • Industrial
  • Residential
  • Commercial

Hydropower Regional Outlook,

  • North America
    • US.
  • Europe
    • UK
    • Spain
    • Germany
    • France
    • Italy
  • Asia Pacific
    • India
    • China
    • Japan
  • ROW
  • Brazil

Access Press Release of This Report: http://www.grandviewresearch.com/press-release/global-hydropower-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Profitable Advantages of investment in FDCA (Furandicarboxylic Acid) Market Up To 2020: Grand View Research, Inc.

The Estimated Market potential for FDCA is expected to reach USD 498.2 million by 2020, according to a new study by Grand View Research, Inc. Avantium’s FDCA production facility is expected to come online by in 2016 – 17 with annual capacity reaching 50 kilo tons by 2017. FDCA is expected to have great potential as a replacement to other petroleum based chemicals such as adipic acid, terephthalic acid and bisphenol A. The addressable market for FDCA as of 2013 was in excess of 50 million tons with PET and PBT being the largest applications.

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The market potential for FDCA is expected to reach 498.15 kilo tons by 2020, growing at a exponential CAGR of 367.0% from 2014 to 2020, owing to the projected commercial production of FDCA by Avantium in 2016 using bio feed stock. The market for FDCA in 2013 was 40 tons with production on order basis primarily for scientific applications.

Browse Full Research Report on Estimated Market: http://www.grandviewresearch.com/industry-analysis/FDCA-Industry

Further Key findings from the study suggest:

  • Post commercialization, PET is expected to be the largest application segment for FDCA accounting for 64% of the global market in 2020. The growing demand for packaging material coupled with the need for bio based products is expected to greatly boost the demand for FDCA.
  • Polyamides are expected to be the second largest application segment in 2020 with a potential market for 80,000 tons. FDCA has the potential to replace adipic acid and its bio based alternative considering economic production by 2020.
  • A limited number of companies manufactured and supplied FDCA as of 2013 and primarily for scientific purpose. Avantium is expected to begin construction of its first commercial FDCA plant with 50 kilo ton capacity in 2015 and is expected to begin production by 2017.
  • Avantium has been a key participant inFDCA technology development, with partnerships and alliances with key application clients including The Coca-Cola Company, Danone, Teijin, Solvay and Rhodia.

Read Our Blog: http://www.grandviewresearch.com/blogs/specialty-and-fine-chemicals

For the purpose of this study, Grand View Research has segmented the global FDCA market on the basis of application:

FDCA Potential Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)

  • PET
  • Polyamides
  • Polycarbonates
  • Plasticizers
  • Polyester Polyols
  • Others

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-fdca-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Fuel Cell Market – Emerging Industry Trends, Regional Outlook, Company Share And Segment Forecasts, 2014 To 2020

The global Fuel Cell Market is expected to reach USD 24.81 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for unconventional energy sources is one of the key factors driving the global fuel cell market. Fuel cell is one of the fastest growing alternate backup power options primarily due to the utilization of hydrogen as fuel. In addition, they are eco-friendly as their by-product is harmless in nature, unlike other conventional technologies.

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On the basis of policy development, China is still lagging but shows tremendous promise in the near future as the majority of the Chinese fuel cell manufacturers have been focusing to develop proton exchange membrane fuel cells. This implies the focus of the country to incorporate fuel cells in various modes of transport.

The market is expected to witness strategic alliances to expand the end user segment in emerging markets. Public – private partnerships will be critical in attaining an economically viable technological shift. Introducing cleaner technologies to substitute existing methodologies is expected to incur high costs which are expected to challenge the innovative streak of the key market players.

Browse Full Research Report on Fuel Cell Market: http://www.grandviewresearch.com/industry-analysis/fuel-cell-market

Further key findings from the report suggest:

  • Asia Pacific is expected to emerge as the largest market in terms of unit shipment. Rising demand of Combined Heat and Power systems in Japan and other countries in this region, the market for fuel cells is slated to register a robust growth rate.
  • North America is likely to emerge as the largest market for fuel cells in terms of installed capacity owing to the regulatory scenario in the region and advancements in technology.
  • PEMFC is expected to emerge as the most dominant form of fuel cell owing to their ability to suit a wide variety of applications ranging from portable to large scale power systems.
  • In 2014, Japan had introduced “Promotion Project for Hydrogen Society Using Renewable Energy”, an updated policy focused on fuel cell and hydrogen roadmap. This region is expected to grow at an estimated CAGR of 37.8% from 2016 to 2025.
  • Transportation and Portable application segment are likely to reach a tipping point between niche and mainstream over the forecast period.
  • Transportation application segment is expected to grow at an estimated CAGR of 39.2% from 2016 to 2025
  • Some companies operating in the global market include Plug power, Ballard Power Systems, Hydrogenics Corporation, Ceramic Fuel Cells, Ltd., SFC Energy AG

Read Our Blog: http://www.grandviewresearch.com/blog/fuel-cell-market

Grand View Research has segmented the fuel cell market on the basis of product, application and region:

Product Outlook (Volume, Units; Capacity, Mega Watt; Revenue, USD Million, 2014 – 2025)

  • PEMFC
  • PAFC
  • SOFC
  • MCFC
  • Others

Application Outlook (Volume, Units; Capacity, Mega Watt; Revenue, USD Million, 2014 – 2025)

  • Stationary
  • Transportation
  • Portable

Regional Outlook (Volume, Kilo Tons; Capacity, Mega Watt; Revenue, USD Million, 2014 – 2025)

  • North America
    • US
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • South Korea
  • Middle East and Africa
  • Central & South America
    • Brazil

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-fuel-cell-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Worldwide Small Wind Market is Expected To Register 14.3% Growth by 2025: Grand View Research, Inc.

The global small wind market is expected to reach USD 1.79 billion by 2025, according to a new report by Grand View Research, Inc. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth.

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Increasing global population coupled with rising energy deficit are some of the factors anticipated to positively influence the small wind market. In addition, the gradual reduction in per kilowatt prices along with affordable installation prices of wind turbines for electricity demand will favor the business growth.

Stringent government regulations are encouraging grid connectivity to reduce the burden on use of non-renewable sources for electricity generation. Numerous financial and economic benefits including Feed-in-Tariffs (FiT), Production Tax Credit (PTC), Investment Tax Credit (ITC) among others are expected to augment the small wind market growth over the forecast period.

The off-grid application segment of the small wind market is expected to account for 59.58% of the global market share in 2025. The demand for off-grid wind turbines can be attributed to the long standing conventional methods of harnessing this energy for electrification, however, this segment is set to witness a decline due to the government initiatives launched to boost grid connectivity. Such regulatory initiatives will boost the on-grid segment of the small wind market over the forecast period.

Horizontal axis wind turbines (HAWT) are the preferred axis type in the global small wind market given the ease in installation coupled with affordable pricing. However, the Vertical Axis Wind Turbine (VAWT) is fast gaining consumers’ attention and is expected to grow at a higher rate over the forecast period.

Europe was the leading region due to changing perceptions towards adoption of renewable energy. Large scale investments along with high consumer awareness is predicted to drive the small wind market by 2025. The abundant availability of onshore and offshore regions for wind turbine installation options is augmenting the growth of the regional market over the forecast period.

Browse Full Research Report On Small Wind Market: http://www.grandviewresearch.com/industry-analysis/small-wind-market 

Further key findings from the report suggest:

  • The small wind market is anticipated to witness growth at over 14.3% from 2017 to 2025 on account of increasing awareness about towards emission free renewable energy. Vertical axis wind turbines will grow at the fastest rate in terms of revenue, registering a CAGR of 18.7%, during the forecast period owing to its innovative design and energy efficiency.
  • Europe small wind market is predicted to witness substantial growth and was valued at USD 228.0 million in 2016 owing to rising demand control the region’s carbon footprint.
  • Key participants of the small wind market include City Windmills, Envergate, Dibu Wind, Kingspan Wind, Superwind, Kliux Energies, and Bergey Windpower among others. These companies are focused on increasing their global presence using product modernization and design innovation strategies.

Read Our Blog: http://www.grandviewresearch.com/blogs/specialty-and-fine-chemicals

Grand View Research has segmented the global small wind market on the basis of product and region:

  • Application Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)
    • On Grid
    • Off Grid
  • AxisT ype Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)
    • Horizontal Axis Wind Turbines
    • Vertical Axis Wind Turbines
  • Regional Outlook (Volume, Megawatts, 2014 – 2025) (Revenue, USD Million, 2014 – 2025)
    • North America
      • US.
      • Canada
    • Europe
      • UK
      • Germany
      • Italy
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • South & Central America
      • Brazil
    • Middle East and Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-small-wind-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Specialty Fuel Additives Market size was valued at USD 6.15 Billion in 2015 and is Predicted To Beat $11.31 Billion By 2024

The global Specialty Fuel Additives Market is projected to reach a value of USD 11.31 billion by 2024, according to a new report by Grand View Research, Inc. Implementation of strict environmental regulations and demand for fuel efficiency is projected to boost the market growth.

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Increasing focus on emission control and energy efficient fuel in the automotive and manufacturing sector is expected to boost market growth from 2016 to 2024. The steady development of the auto industry, especially in the Asia Pacific region, coupled with increasing consumer awareness regarding the fuel additives is expected to trigger the market growth over the forecast period.

Rapid industrialization in Asia Pacific is projected to increase the demand for specialty fuel additives in the manufacturing and processing industries. Implementation of stringent emission control regulations and high demand for fuel efficient vehicles is anticipated to drive the specialty fuel additives market over the coming years.

Browse Full Research Report On Specialty Fuel Additives Market: http://www.grandviewresearch.com/industry-analysis/specialty-fuel-additives-industry

Further key findings from the report suggest:

  • The global specialty fuel additives demand was 1,542.7 kilo tons in 2015 and is expected to grow at an estimated CAGR of 6.3% over the forecast period
  • Deposit control additives dominated the market with a market share of 40% in 2015. Increasing demand for fuel economy vehicles is expected to drive the deposit control additives segment over the forecast period.
  • Gasoline segment dominated the global market capturing more than 46% of total overall demand in 2015
  • Preference for gasoline powered vehicles in North Americas, the significant price difference between gasoline and diesel powered car in the major markets such as India are responsible for the higher penetration.
  • Diesel is projected to exceed petrol market to arise as a leading application for the product by 2024, on account of the rising demand for ultra-low-sulfur diesel
  • In 2015, Asia Pacific dominated the fuel additives market & recorded a market share of above 28%, in terms of volume. Implementation of stringent environment control regulations in China, India and Japan, rapid industrialization, and increasing use of automobiles is projected to boost market growth.
  • Some of the leading companies in the market include NewMarket, BASF, Innospec, Infineum, Albemarle, Baker Hughes, Chemtura, Dow Chemical, Chevron Oronite, Lubrizol, Total Additives and Special Fuels, Evonik Industries, Dorf Ketal, Clariant, Eurenco, & NALCO Champion.

Read Our Blog: http://www.grandviewresearch.com/blogs/energy-and-power

Grand View Research has segmented the global specialty fuel additives market on the basis of product, application, and region:

Specialty Fuel Additives Product Outlook (Volume, Kilo Ton; Revenue, USD Million, 2014 – 2024)

  • Deposit control additives
  • Cetane improvers
  • Antioxidants
  • Lubricity improvers
  • Cold flow improvers
  • Corrosion inhibitors
  • Others

Specialty Fuel Additives Market Application Outlook (Volume, Kilo Ton; Revenue, USD Million, 2014 – 2024)

  • Gasoline
  • Diesel
  • Aviation turbine fuel
  • Others

Specialty Fuel Additives Regional Outlook (Volume, Kilo Ton; Revenue, USD Million, 2014 – 2024)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Central & South America
    • Brazil
  • Middle East and Africa
    • Saudi Arabia

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-specialty-fuel-additives-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

BIPV Market is likely to witness significant growth over the next eight years on account of high demand for integrated solar energy solutions

The global BIPV and BIOPV Market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research, Inc. Rising adoption of energy generation by renewable sources without comprising on the aesthetic appeal of buildings is expected to drive growth over the forecast period.

Increasing demand for integrated installations is expected to be driven by the growing disposable income of the consumers. In addition, rising concerns regarding averse environmental impact due to the use of non-renewable energy sources are likely to account for the growth of the industry over the next eight years.

germany-bipv-market

The industry has witnessed increased adoption of the environment-friendly energy sources by the multi-national corporations to limit the carbon footprints. In addition, growing subsidies and tax reductions offered by the national governments is expected to bolster the demand for the product.

The demand for the product has stemmed from the increased adoption of the integrated roofs, walls and windows owing to superior aesthetic properties. In addition, the industry has witnessed increased efforts towards the research & development activities leading to the development of magnetic nanoparticles incorporated solar cells, leading to an enhanced efficiency of the overall installation.

Browse Full Research Report on BIPV Market: http://www.grandviewresearch.com/industry-analysis/building-integrated-photovoltaics-bipv-market

Further key findings from the report suggest

  • Building integrated roofs accounted for over 61% of the overall revenue due to superior efficiency of the roof-integrated systems. In addition, improved aesthetic appeal coupled with the ease of the integration of the solar energy harnessing systems for rooftop installations.
  • Thin-film building integrated photovoltaics is expected to witness highest CAGR of over 20% from 2016 to 2024 due to superior integration with the building envelopes in comparison to the crystalline silicon.
  • The thin film is expected to grow owing to significant technology advancements leading to improved performance efficiency as well as superior aesthetic appeal as compared to its counterparts.
  • The market in Asia Pacific is expected to account for USD 7.48 Billion by 2024 due to increasing demand for the technology from the rapidly developing building and construction industry in the region.
  • The companies in the market are involved in significant research & development activities to produce advanced products, in a bid to increase the market share. Heliatek GmbH introduced the organic building integrated photovoltaic cells, with high band gap resulting in superior efficiency.

Read Our Blog: http://www.grandviewresearch.com/blogs/energy-and-power

Grand View Research has segmented the global BIPV market on the basis of technology, application, end-use and region:

  • Technology Outlook (Revenue, USD Million, 2013 – 2024)
    • Crystalline Silicon (C-Si)
    • Thin Film
    • Others
  • Application Outlook (Revenue, USD Million, 2013 – 2024)
    • Roofs
    • Walls
    • Glass
    • Facade
    • Others
  • End-Use Outlook (Revenue, USD Million, 2013 – 2024)
    • Residential
    • Commercial
    • Industrial
  • Regional Outlook (Revenue, USD Million, 2013 – 2024)
    • North America
      • US.
      • Canada
    • Europe
      • Germany
      • UK
    • Asia Pacific
      • China
      • India
    • Latin America
    • Middle East & Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-building-integrated-photovoltaics-bipv-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com