A solvent is a substance with an ability to dissolve, suspend or extract other materials. Typically, solvents are in liquid form but can also be available in the form of gases and solids. Industrial solvents are considered as one of the most valuable and useful products for various end user industries and manufacturing companies. Industrial solvents are mainly used in cleaning, degreasing, and thinning oil-based paints. But, prolong exposure to some of the industrial solvents can lead to adverse health effects. Huge quantities of industrial solvents are also used in oil refining and recovery, polymer and fuel additives.
Intelligent pigging refers to the inspection of pipelines using digital technology to understand the condition of pipeline. A pig is the device that travels through pipeline to clean and inspect the pipeline. Globally, the pipeline network for oil & gas product is over 3 million Km long transporting oil & gas products worldwide. During oil & gas pipeline operations the most common problem are corrosion, sludge and wax deposition. To address such issues pipeline inspection and maintenance is done periodically to avoid any damage to pipeline.
The production and consumption of fossil fuel has grown drastically, leading to increase in carbon dioxide emissions. Soybean chemicals are considered as a steady and positive alternative to the conventional chemicals derived from crude oil or petroleum. Therefore, the demand of soy-based chemicals is projected to grow at a significant rate over the next six years. The two most common derivatives of soybean are soy milk and soy oil. Soy milk is widely used in the food industry and on the other hand soy oil is widely used in the production of biodegradable plastics, biodiesel and cosmetics industry.
Plastic welding refers to a process of joining flexible plastic materials, through heat and pressure. Plastic welding uses the base plastic itself as the fastening material in order to grip the parts together. This makes plastic welding distinct from other joining processes such as adhesives, seam tape, sewing or other fasteners. Plastic welding equipment are capable of consistently creating airtight, watertight, durable and abrasion resistant seals without any joint deterioration.
Plastic welding refers to a process of joining flexible plastic materials, through heat and pressure. Plastic welding uses the base plastic itself as the fastening material in order to grip the parts together. This makes plastic welding distinct from other joining processes such as adhesives, seam tape, sewing or other fasteners. Plastic welding equipment are capable of consistently creating airtight, watertight, durable and abrasion resistant seals without any joint deterioration. The process primarily comprises three steps viz. pressing, heating and cooling. The plastic welding equipment market is majorly driven by the strong demand for plastic products across the country.
Energy harvesting which is also known as power harvesting is the process that capture minute amounts of energy from various naturally-occurring energy sources, accumulate them and store them for later use. Rising demand for energy in major end-use industries are projected to drive the overall energy harvesting market. Furthermore, growth in infrastructure and industrialization spending is projected to have a direct impact on the global energy harvesting market. Shift in consumer preference towards energy saving technologies is projected to boost the market demand.
Trackers direct solar modules or panels toward the sun to harness more sunlight. To accumulate maximize energy these trackers change their orientation during the day to follow the sun’s path. Solar trackers are rising in popularity, as it generates more electricity when compared to its stationery counterparts. Furthermore, favorable government initiatives are projected to augment the market growth. However, owing to the more complex technology and moving parts necessary for their operation solar trackers are slightly more expensive than their stationary counterparts which is one of the major factor restraining the market growth.
Power transmission cables are widely used in transmission and distribution of electricity to various residential and commercial consumers.Power transmission cables are insulated with various materials such as PVC (Poly Vinyl Chloride), XLPE (Polyethylene with cross-links), rubber, impregnated paper and varnished cambric. Global power transmission cables market is projected to register significant growth over the forecast period.Increasing investment in renewable energy across the globe requires installation of new power transmission lines to connect with the existing grid.
Coal bed methane refers to the extraction of natural gas from the coal beds. Natural gas is generally present in the coal bed in the form of methane. It is also known as coal-mine methane (CMM) or coal bed gas or coal seam gas (CSG). Advancement in technology has facilitated the production of coal bed methane on commercial scale. Growing energy demand and depleting oil reserves influencing oil producer to seek alternative source of energy such as shale gas, tight oil and coal bed methane.
This report titled “Naphtha Market - Growth, Future Prospects, and Competitive Analysis, 2023 – 2032” offers strategic insights into the trends in naphtha market along with the market size and forecast for the duration 2024 to 2032. The said research study incorporates in-depth analysis of multiple market segments based on product type, application, and geographical distribution.
