Offshore Pipeline Market worth $18.6 Billion by 2027

Offshore Pipeline Market
The global Offshore Pipeline Market is expected to grow from USD 14.8 billion in 2022 to USD 18.6 billion by 2027, at a CAGR of 4.7% according to a new report by MarketsandMarkets™. The Offshore Pipeline Market has promising growth potential due to the rising deployment of oil and gas distribution networks and the rising use of natural gas. Transport line segment expected to dominate Offshore...

Latest Strategic Acquisition in Power Plant Control System Market

Power Plant Control System Market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market. The advantages of rotary UPS such as high efficiency, fewer space...

Pipeline Integrity Market Anticipated to Reach $2.1 Billion by 2024

Pipeline Integrity Market
The global Pipeline Integrity Market is projected to reach $2.1 billion by 2024 from an estimated $1.7 billion in 2019, at a CAGR of 4.33% during the forecast period. This growth can be attributed to huge investment pool in the pipeline business, increased government mandate and regulations for pipeline assessment, concern over environment impact, the safety of pipelines and energy infrastructure,...

Global Commercial Water Heaters Market (2020-2026) – Share, Size, Trends and Industry Analysis Report

Commercial Water Heaters Market New Revenue Pockets: The global commercial water heaters market size is projected to reach USD 7.7 billion by 2026 from an estimated value of USD 5.4 billion in 2020, growing at a CAGR of 6.1%. The increasing investments for the development and expansion of commercial sector operations across different regions and supportive regulations & grants for using renewable...

Compressor Oil Market (Worth $13.2 Billion By 2023) | What You Need To Know In 2021

The compressor oil market size is estimated to be USD 10.1 billion in 2018 and is projected to reach USD 13.2 billion by 2023, at a CAGR of 5.6% between 2018 and 2023. Industrial growth in growing regions such as APAC and the Middle East & Africa coupled with rising automation in various end-use industries is expected to drive the demand for compressor oil during the forecast period. However,...

Shortenings Market to See Major Growth by 2022

The shortenings market is experiencing high growth, particularly in the Asia-Pacific region. The Asia-Pacific region is projected to be the fastest growing segment from 2017 to 2022. India is a major consumer of palm oil and butter-based products such as shortenings and margarine. Malaysia and Indonesia are the leading producers of palm oil and major exporters of processed palm oil products. The rapid...

Baking Ingredients will be Viewed as a Business Opportunity in the Next Five Years

Baking ingredients market growth is driven by growing customer demand for healthier foods, convenience foods, and functional baked goods. The market is also driven by factors such as demand for gluten-free foods and innovative product developments for improved baking ingredients such as modified starch, enzymes, emulsifiers, baking powders & mixes that can be cost-effective as well as used in a...