Global Hydrogen Economy Market report published by Accurize Market Research forecast that the global market is expected to reach $4.6 billion by 2025; growing at a CAGR of 18.7% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Technologies used in the production, storage, and distribution of hydrogen across the globe to drive the growth of the market
Technologies used in the production, storage, and distribution of hydrogen fuels the demand for the global hydrogen economy market. Furthermore, evaluations of government programs and policies in support of the hydrogen economy also boost the growth of the market.
Market Segmentation
The global hydrogen economy market has been bifurcated on the basis of delivery mode, technology, end userand geography.Captive and merchant are covered under delivery mode segment.Technology segment contains steam methane reforming, partial oxidation of oil, coal gasification and electrolysis of water. Further, end-user segment include chemical, petroleum refining, metal processing, automotive fuel, glass industry, edible fats and oils, energy and others. By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
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Top players in the market
The key market players include Acta Spa, Advanced Materials Corp., Air Products And Chemicals Inc., Alchemix Corp., Amec Foster Wheeler, Amminex A/S, AvalenceLlc, Ballard Power Systems, BayerischeMotorenWerke Ag, Ceramatec and Diversified Energy Corp., among others.
The report is titled ”North America Fats & Oils Market Size, Share and Industry Analysis By Source (Vegetable (Soybean Oil, Canola Oil, Corn Oil, Palm Oil, Coconut Oil, Palm Kernel Oil, Olive Oil, Cottonseed Oil, Sunflower Oil, Peanut Oil, Safflower Oil, Sesame Oil, Linseed Oil, and Castor Oil), Animal (Lard, Tallow, Fish Oil, Butter)), By Application (Food & Non-Food Use), and Regional Forecast 2019-2026” According to the report, the market is anticipated to reach 36.60 million tonnes from 25.92 million tonnes, rising at a CAGR of 4.5% within the forecast period of 2019 to 2026.
The market is expected to witness faster growth on account of rising consumption of healthy oils such as olive oil, rapeseed oil, and others.List of Best companies covered in North America Fats and Oils Market Research Report:Archer Daniels Midland CompanyCargill IncorporatedBunge North AmericaAg Processing, Inc.Riceland FoodsIncobrasa IndustriesPerdue AgribusinessLouis Dreyfus CompanyViterra Inc.Associated British Foods Plc (ABF)Other Key Market PlayersPresence of Omega-3 and Omega-6 Fatty Acids in Oils and Fats is a Key Factor Driving North America Fats and Oils Market GrowthOn the basis of application, the food application segment is likely to hold more than 2/3rd share of the market.
Use of fats and oils in food applications is anticipated to rise at a steady 3.22% CAGR in the forecast duration.On the other side, the soybean oil segment is anticipated to dominate North America fats and oils market in terms of vegetable oils, with an approximate share of 50%.
Likewise, the demand for corn oil and canola oil is also anticipated to witness decent growth in the coming years because of the presence of micronutrients such as omega-3 and omega -6 fatty acids in them.
In addition, the rise in healthcare expenditure of people living in Canada and the U.S is fueling the demand for oils and fats in North America.
Fats and oils are often used to improve the texture, appearance, and flavor of the food item when used in appropriate amount.
Market OverviewEdible Oils and Fats market is projected to grow at 4.56% during the forecasted period 2017 to 2023.
Europe will witness higher growth rate in savory snacks application of oils and fats during the forecast period due to increasing consumption of meat and other snacks products.
APAC holds major market share in bio-diesel application and it projected to reach 26,649 kilo tons with CAGR of 5.49%.
Europe will witness higher growth rate in bio-diesel application of oils and fats during the forecast period.Market ForecastGlobal edible oils and fats market is projected to reach 298,522 kilo tons by 2023 with CAGR of 4.56% in terms of volume.
The plant source edible oil and fats holds more than 80% of market share in 2017 as majority of edible oils and fats are made from plant source across world.
APAC holds major market share in table consumption application due to presence of large population in Asian Countries especially in China and India.
Nov 29, 2018 (MarketersMedia via COMTEX) -- Palm Oil Market Global Research Report by Type (Crude Palm Oil, Palm Kernel Oil and others), Application (Edible Oil, Bio-Diesel, Lubricants, Cosmetics and others) and Region (North America, Europe, Asia Pacific and Row) - Forecast till 2023
pune, India - November 29, 2018 /MarketersMedia/ --
The global palm oil market is predicted to expand at 7.6% CAGR over the forecast period (2017-2023) owing to its extensive demand in several applications such as bio-diesel, cooking, lubricants, and more, asserts Market Research Future (MRFR).
Future Drivers and Constraints Impacting the Market
Palm oil is witnessing a high demand in the global market as it can be used as a bio-diesel, cooking oil, cosmetics, lubricants, and others.
More than 90 institutional investors representing $6.7 trillion in assets under management have written to the Roundtable on Sustainable Palm Oil (RSPO) calling on it to strengthen its green certification standards for palm oil production.
Key factors such growing geriatric population, increasing number of hospitals in emerging markets, and high prevalence of chronic diseases are the major factors driving the growth of the needles market across the globe.The Needles Market is expected to reach USD 8.47 Billion by 2022, at CAGR of 7.8% during the forecast period.Ask for PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=223979930Market Segmentation:- On the basis of type, the global needles market is segmented into two broad categories, namely, conventional needles and safety needles.
The conventional needles market is estimated to command the larger share of the global needles market in 2017.
The growing demand for biosimilar products, the increasing incidence of chronic disease, and the expanding injectables market are the key factors contributing to the growth of this market segment.Based on product, the market is segmented into suture needles, blood collection needles, ophthalmic needles, dental needles, insufflation needles, pen needles, and other needles.The needles market is segmented into hypodermic, intravenous, intramuscular, and intraperitoneal needles on the basis of delivery mode.
The hypodermic needles segment is expected to account for the largest share of the needles market in 2017.Key Market Drivers: – 1 High Prevalence of Chronic Diseases 2 Growing Geriatric Population 3 Increasing Number of Hospitals in Emerging Markets 4 Increasing Demand for VaccinesRegional Analysis: -As of 2016, North America held the largest share of the global needles market, followed by Europe.
Its dominant share is attributed to the rising incidence of chronic diseases, initiatives by different organizations for the reduction in blood borne infections and increasing prevalence of cardiovascular diseases.Request for Sample Pages: -https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=223979930Top Key Players: -The key players in the global needles market are Hamilton Company (U.S.), Medtronic plc (Ireland), Becton, Dickinson and Company (U.S.), Stryker Corporation (U.S.), B. Braun Melsungen AG (Germany), Boston Scientific Corporation (U.S.), Terumo Corporation (Japan), Novo Nordisk A/s (Denmark), Smiths Medical (U.K.), and Thermo Fisher Scientific (U.S.).
