Energy & Resources

The global hydrogen energy storage market was valued at US$14,587 million in 2021 and is projected to grow at a CAGR of 6.0% during the forecast period 2022-2032.

The global CO2 enhanced oil recovery market was valued at US$3,735 million in 2021 and is projected to grow at a CAGR of 4.4% during the forecast period 2022-2032.

The global molten salt reactors market was valued at US$10,350 million in 2021 and is projected to grow at a CAGR of 5.9% during the forecast period 2022-2032.

The global energy storage technologies market was valued at US$13,787 million in 2021 and is projected to grow at a CAGR of 5.7 during the forecast period 2022-2032.

The global waste-to-energy market was valued at US$18,087 million in 2021 and is projected to grow at a CAGR of 3.3% during the forecast period 2022-2032.

The global clean coal technologies (CCT) market was valued at US$30,977 million in 2021 and is projected to grow at a CAGR of 3.95% during the forecast period 2022-2032.

The global small modular reactors market was valued at US$9,725 million in 2021 and is projected to grow at a CAGR of 3.5% during the forecast period 2022-2032.

The global coal power decommissioning market was valued at US$7,087 million in 2021 and is projected to grow at a CAGR of 6.9% during the forecast period 2022-2032.

The global offshore wind power market was valued at US$30.54 billion in 2021 and is projected to grow at a CAGR of 14.7% during the forecast period 2022-2032.

The global carbon capture and storage market was valued at US$2,697 million in 2021 and is projected to grow at a CAGR of 7.7% during the forecast period 2022-2032.

The global digital oilfield market was valued at US$24087 million in 2021 and is projected to grow at a CAGR of 9.0% during the forecast period 2022-2032.

Tire-derived fuels are in demand from end-use sectors such as cement, paper & pulp, and a variety of others due to their high energy profile.

The grid performance is optimised and demand response plans are built as a result of the employment of these tools. This is the main reason for growth in the market.

The major drivers of oil refinery are growing demand of petroleum product, more money is being invested in refinery construction, expansion, and upgrades to meet the rising demand for petroleum products, the demand for gasoline and gas oil has risen dramatically as the number of automobiles in various countries has increased, minimise reliance on refined petroleum products supplied from other countries.

Biomethane, hydrogen, and gas with carbon capture could all play a role in helping countries and regions make the transition to a low-carbon economy, helping to decarbonize sectors of the economy that are currently considered “hard to abate” and providing opportunities for long-term growth for the gas industry.

We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

Some of the factors driving the market growth are growing global demand for energy leading to greater use of nuclear operations which eventually leads to increasing radioactive waste.

As the development of marine resources moves further offshore and into deep sea regions, there is a growing demand for multi-purpose offshore support vessels that can not only transport cargo to and from offshore floating facilities, but also perform mooring, installation, and firefighting operations in a variety of offshore environments.

Rapid increase in the shale production that requires hydraulic fracturing is the key driving factor for the growth of horizontal segment of the global well intervention market.

The demand for energy-efficient systems that can transport crude oil and gas to processing plants, as well as increased investments in subsea projects, will drive the global market for subsea umbilicals, risers, and flowlines to grow.