Lithium Iron Phosphate (LiFePO4) - A Reliable Source for Green Energy

The rise in pollution has forced automobile manufacturers to look for alternative means to reduce carbon footprint. Power utilities and other manufacturers dependent on fossil fuels are looking for viable means to sustain their production. Lithium iron phosphate can be used in rechargeable batteries and for power backup.

Lithium Iron Phosphate (LiFePO4)

Lithium iron phosphate is used in many applications that require rapid charging. It is one of the raw materials used in lithium-ion batteries. It is highly preferred by energy generation and automobile sectors due to its high energy density. It can charge lithium-ion based products more rapidly than lithium cobalt oxide batteries. LiFePO4 has a higher installation cost but has higher efficiency and reliability than lead batteries.

The advancements in lithium-ion industry have led to different variations in the iron phosphate cathode which has a higher electric and thermal stability. Nanoparticles have been used to coat the cathode in Li-ion batteries to increase its capacity. The rise in environmental pollution and near-exhaustion of fossil fuels may lead to the adoption of lithium iron phosphate batteries for future applications.

Latest Developments

In January 2017, Intersil, a US based semiconductor company launched a 3.6V charger for the LiFePO4 batteries. It leaks low power and has a fold-back feature that can prevent overheating of the cells. It is used to charge eCell backup systems embedded in electric vehicles (EV). It can be useful in dire need of roadside assistance and other such emergencies.

The shortfall in battery manufacturers has led to strategic collaborations among major EV manufacturers to establish bigger battery manufacturing plants. For instance, Samsung SDI and Lucid Motors have partnered to kickstart such a plant to support the launch of the new EV by the latter.

Market Overview

The worldwide lithium iron phosphate (LiFePO4) material and battery market may attain USD 25.5 billion by 2025, according to Grand View Research, Inc. It is anticipated to display a CAGR close to 21% over the forecast period (2014 to 2025). The market is driven by high demand from consumer electronics and electric vehicles.

Graphite accounted nearly 27% market revenues in 2016. It is expected to exhibit a 26% CAGR over the forecast period. Electric & hybrid electric vehicles held nearly 58% market on account of revenue in 2016. Asia Pacific dominated the overall market in terms of demand during the same year owing to the presence of hybrid vehicle manufacturers. It is expected to grow at a 22% CAGR in the forthcoming years. Key market players are GAIA, BYD Co. Ltd., A123 Systems, LLC, and Optimum Nano Energy.

In-Depth research report on Lithium Iron Phosphate (LiFePO4) Material and Battery Market:

http://www.grandviewresearch.com/industry-analysis/lithium-iron-phosphate-lifepo4-material-battery-market

Increasing Deepwater Drilling Activities To Promote Development Of Cost-Effective Subsea Manifolds

The ability of subsea manifolds to conveniently suit to complex subsea reserves is driving their adoption across exploration and drilling sites worldwide. Subsea manifolds are mostly customizable according to type of soil in the sea bed and can withstand harsh conditions in deepwater. They can be connected to multiple beds simultaneously.

What are Subsea Manifolds?

Subsea manifolds are subsea flow structures containing pipework and valves that connect subsea trees to flowlines. These systems are used for directing fracturing fluids to wells and extracting produced fluids from wells into flow lines. They can be utilized for vertical or horizontal connections with resource beds in deepwater.

Aibel’s Cost-effective Subsea Systems

Companies are increasingly finding new ways to develop subsea technologies that can suit harsh working conditions. By installing advanced subsea manifolds, a substantial reduction in overall capital expenditure incurred during exploration and drilling activities can be achieved. Recently, Aibel developed cost-effective subsea manifold systems that can help in reducing required offshore hours. The company plans to develop modules that will enhance water injection capacity in addition to associated hookup.

Market Insights

As per a report by Grand View Research, Inc., the global subsea manifolds market is poised to reach a valuation of USD 5.08 billion by 2025. Soaring deepwater drilling activities are anticipated to be among the primary growth stimulants of the market. Moreover, revision in offshore regulations can work in favor of the market. Increasing shift of oil and gas manufacturers from traditional onshore reserves to complex subsea reserves is likely to escalate demand for subsea manifolds.

Advancements and innovations in the field of subsea technologies are also expected to play a vital role in the development of the market. Furthermore, robust growth of the oil and gas industry is positively impacting market growth. On the flip side, the market can be hampered by turbulent prices of crude oil.

Some of the prominent companies operating in the market are Halliburton Company; Weatherford International Inc.; Schlumberger Limited; Baker Hughes Incorporated; and Trendsetter Engineering. Majority of key companies are focusing on expanding their geographical reach. For instance, in August 2016, Larsen & Turbo (L&T) and GE partnered to manufacture subsea manifolds for deepwater projects in the Krishna-Godavari basin in India.

In-Depth research report on Subsea Manifolds Market:

http://www.grandviewresearch.com/industry-analysis/subsea-manifolds-market

Clean Coal Technology Market Is Exhibit High Growth Rate Due To Increasing Government Initiatives Towards Clean Environment

Global clean coal technology market is anticipated to witness significant development from 2015 to 2022. Increasing clean energy demand among consumers is expected to drive the global clean coal technology market.

Clean coal technologies include electrostatic precipitators, integrated gasification combined cycle, carbon capture & storage, selective catalytic reduction, flue gas desulfurization and low nitrogen oxide burners.

In depth research report on Clean coal technology market

http://www.grandviewresearch.com/industry-analysis/clean-coal-technology-market

 Rising environmental concerns and growing awareness among consumers coupled with government incentives are expected to aid the overall demand. R&D initiatives and technological innovations for reducing hazardous emissions such as sulfur dioxide and nitrogen oxide have led to extreme cost reductions. Favorable policies from EPA and EIA coupled with venture capital funding are expected to benefit the overall market growth.

Higher clean coal technology installation require large amount of investment. High initial investments coupled with long turnover periods result in high financial risks for the market investors. This may emerge as a major hindrance to the overall market growth. However, R&D initiatives to tackle technological and fiscal challenges promise abundant opportunities for the existing industry participants.

Asia Pacific has dominated the global clean coal technology market revenue share in 2014. Industrialization growth in countries such as Japan, China, Malaysia, Indonesia, Vietnam, South Korea and India is expected to drive the regional demand. North America is expected to exhibit rapid growth rate owing to favorable environmental regulations and awareness among consumers. Major technological growth in U.S. has resulted in clean coal energy production capacity expansion, benefitting the overall regional demand.

Europe is expected to witness positive growth rate over the next seven years. Germany, UK and France promises rapid growth. Latin America and Middle East are expected to observe moderate to sluggish growth over the forecast period. However, Brazil and Saudi Arabia promises significant growth over the forecast period.

The industry is moderately fragmented in nature as there are numerous medium scale business players in the industry, who held significant revenue share in 2014. Prominent global clean coal technology industry participants include General Electric Company, KBR, Clean Coal Technologies Inc., Siemens AG and Alstom Power. Other market participants include Dynegy Inc. and Tucson Electric Power.

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Find What Is The Regional Growth Scenario Of The Flue Gas Desulfurization Market?

The Global Flue Gas Desulfurization (FGD) Market is expected to reach USD 23.69 billion by 2020, according to a new study by Grand View Research, Inc. Flue gas desulfurization market demand is expected to increase owing to growth in demand for electricity. In addition, stringent government regulations regarding emissions of harmful gases in the environment are also expected to drive the FGD market over the forecast period.

New FGD systems were the largest application segment accounting for USD 8.14 billion of global market revenue in 2013. Increasing number of coal-fired power plants in emerging economies is expected to be a key reason for high demand of new FGD systems. Flue gas desulfurization is also used in reagent & replacement applications, which were valued at USD 7.65 billion in 2013.

In depth research report on Flue Gas Desulfurization (FGD) Market:

http://www.grandviewresearch.com/industry-analysis/flue-gas-desulfurization-market

Further key findings from the study suggest:

·       Wet FGD systems dominated new FGD market and generated USD 6.86 billion in revenue in 2013 due to higher efficiency and low maintenance characteristics in comparison to other systems. Dry FGD systems are expected to witness the fastest growth, at an estimated CAGR of 5.5% from 2014 to 2020.

·       Reagents & replacement is expected to be the fastest growing application, at an estimated CAGR of 6.9% from 2014 to 2020. Existing/old systems are expected to generate continuous demand for reagents and equipment replacement. This is expected to boost the equipment replacement systems market over the forecast period.

·       Asia Pacific was the largest flue gas desulfurization market; it was valued at USD 8.52 billion in 2013 and is expected to witness the fastest growth, at an estimated CAGR of 10.2% from 2014 to 2020. The primary reason for expected growth is the high demand for new FGD systems along with rise in equipment repairs for existing FGD systems in emerging and high-growth markets of China, India, Japan, South Korea and Taiwan.

·       Key companies in the market include Alstom S.A., Babcock & Wilcox, Siemens Energy, Thermax, Ducon Technologies Inc., Hamon Research-Cottrell, Mitsubishi Heavy Industries, and Marsulex Environmental Technologies.

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

Flue Gas Desulfurization Technology Outlook (Revenue, USD Million, 2012 - 2020)

            • Wet FGD Systems

            • Dry FGD Systems

Flue Gas Desulfurization Application Outlook (Revenue, USD Million, 2012 - 2020)

            • New FGD Systems

            • Reagents & Replacements

Flue Gas Desulfurization Regional Outlook (Revenue, USD Million, 2012 - 2020)

            • North America

            • Europe

            • Asia Pacific

            • RoW

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Wet Scrubber Market Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2015 To 2022

Global wet scrubber is expected to grow at a high pace over the forecast period on account of strict chemicals and emissions related industry standards by IMO, EPA and REACH. These scrubbers extract noxious pollutants & unwanted components from flue gas and helps in reducing pollution levels.

Evolving gas treatment technique particularly in refineries and petrochemical plants is expected to further drive global industry over the forecast period. Operations flexibility coupled with reduced equipment sizes are increasing wet scrubber preference over other gas treatment equipment.

 In depth research report on Wet Scrubber Market:

http://www.grandviewresearch.com/industry-analysis/wet-scrubber-market

 Another benefit over normal gas treatment equipment includes lower operation costs as this specialized equipment decrease overall heat and volume content of the exhaust gases. In comparison with Electro Static Precipitators (ESPs) and baghouses, wet scrubbers do not face any temperature or condensation problem and can handle any high humidity gas streams.

Such favorable properties are expected to lead the global industry over the foreseeable future.

Scrubbing solution is treated before disposal while wet scrubber collects both particulate matter & gas or allows no gas to escape from the equipment. However, global industry faces challenges such as corrosion from water soluble pollutants and high raw materials & system cost.

Global industry is segmented on the basis of application which includes chemical/gas, ammonia, particulate/venture, particulate/dust, chlorine, and sulphuric acid. Commercially utilized wet scrubbers include high-energy, medium-energy and low-energy

Europe and U.S. are expected to witness high growth over the forecast period on account of stringent regulations by EPA and REACH. Developed North America market is expected to have stable growth in the coming years. Germany, Turkey, Norway and UK are expected to emerge as leading European players over the forecast period. Asia Pacific market was dominated by China & India where downstream sector is growing rapidly.

These countries are expected to witness high growth over the forecast period on account of increasing industry & government initiatives to minimize pollution levels and chemical waste disposal problems. Emerging economy and industrial developments is expected to augment Middle East & Africa market growth over the foreseeable future.

Major industry participants include Croll Reynolds Company Inc., KCH Services Inc, Continental Blowers Inc., Met-Pro Environmental Air Solutions, Severn Trent Services, Fabritech Engineers, Edlon Inc., Beltran Technologies Inc. Hamon Research Cottrell Inc. and others.

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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Global Resource Circulation Equipment Market Reflecting A CAGR Of 8.3% 2014-2020: Grand View Research

The Global Resource Circulation Equipment Market is expected to reach USD 18.55 billion by 2020, according to a new study by Grand View Research, Inc. Increasing industrial & electronic waste coupled with stringent environmental regulations are expected to drive RCE demand over the next six years. Recent uptrend in recycling rate and efficiency is also expected to have a positive impact on resource circulation equipment sales. However, high initial investment cost is expected to be a key challenge for market participants.

Electrical & electronics emerged as the leading application segment for resource circulation equipment and accounted for 20.6% of total market revenue in 2013; this is also expected to be the fastest growing application segment, at an estimated CAGR of 8.3% from 2014 to 2020. Demand for RCE in metal industry is expected to exceed USD 2.5 billion by 2020, growing at a CAGR of 7.9% from 2014 to 2020. Increasing industrial waste and scrap recycling activities are expected to drive the growth of this segment.

In depth research report on Resource Circulation Equipment Market

http://www.grandviewresearch.com/industry-analysis/resource-circulation-equipment-market

Further key findings from the study suggest:

·       North America was the largest regional market with 39.4% of total market share in 2013. Increase in industrial and electronic waste, particularly in the U.S. and Mexico is expected to drive the demand for RCE in North America.

·       North America was closely followed by Asia Pacific which is expected to be the fastest growing regional market for RCE at an estimated CAGR of 8% from 2014 to 2020. Rapid industrialization and increasing need to recycle the waste generated from various industries particularly in emerging markets of China and India is expected to drive the regional market for RCE.

·       Major companies in global resource circulation equipment market include Kawasaki Heavy Industries Ltd., Metso, Komptech GmBH, Vecoplan, Wolf Material Handling Systems and Foster Wheeler. Other companies include Clean Burn Inc., Lurgi AG, JFE Engineering Corporation, ShowaDenko, ThermoSelect SA, and ECO Green Equipment.

For the purpose of this study, Grand View Research has segmented the resource circulation equipment market on the basis of application and region:

Global Resource Circulation Equipment Market Application Outlook (Revenue, USD Million, 2012 - 2020)

            • Automotive

            • Construction

            • Electrical & Electronics

            • Paper

            • Plastic & Polymers

            • Metal

            • Oil & Gas

            • Others (Agriculture, Medicine, etc)

Global Resource Circulation Equipment Regional Outlook (Revenue, USD Million, 2012 - 2020)

            • North America

            • Europe

            • Asia Pacific

            • RoW

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Uranium Enrichment Market Analysis, Regional Outlook, And Forecasts, 2015 to 2022

Global uranium enrichment market is expected to witness growth in light of rising expenditure by governments of the U.S., Canada, china and India towards increasing output of nuclear energy at domestic level. Rising power demand in emerging economies of China and India in light of rising manufacturing output along with infrastructure development have increased the importance of nuclear energy. Increasing importance of nuclear energy in aforementioned markets is expected to amplify the popularity of radioactive enrichment in fission and fusion applications in the near future.

In depth research report on Uranium Enrichment Market:

http://www.grandviewresearch.com/industry-analysis/uranium-enrichment-market

Increasing expenditure on developments of nuclear weapons in face of implementing modernization programs by governments of Israel, China, Russia, U.S. and Japan is expected to fuel the uranium enrichment demand. Rising incorporation of centrifugal technology for uranium enrichment on account of low energy consumption than gaseous diffusion technology is likely expected to augment the industry

Asia Pacific is likely to be a promising industry on account of abundance of nuclear element reserves in Australia which is expected to open new opportunities for enrichment technology manufacturers. In 2012, a joint venture AREVA between and Kazatomprom was established for manufacturing and processing of enriched radioactive material.

Russia is likely to be a lucrative market in vague of presence of uranium reserves coupled with increasing expenditure on development of technology for processing of enriched radioactive material. In 2014, Urals Integrated Electrochemical Company announced their plans for the investment in nuclear enrichment technologies for effective processing and utilization of radioactive materials. The Urals Company is also planning to invest in R&D for tenth generation technologies in nuclear enrichment process.

Canada is expected to be a prospective market owing to potential of uranium reserves at domestic level. Cameco Company in Canada owns and operates the reserves of Cigar Lake Mine and McArthur River Mine which is planned to commence production by 2017 which is likely to open new market opportunities. Africa is expected to be a potential market for enriched radioactive material in light of presence of radioactive element reserves in Niger.

Key players include Nucleoelectrica Argentina, Urenco Group, Nukem Technologies, Energy Resources of Australia, Constellation Energy Nuclear Group and National Thermal Power Corporation. In 2015, the governments of the U.S. and Iran have planned to sign a nuclear deal intended for allowing Tehran to increase its enriched radioactive elements production. This agreement is likely to have a positive impact on uranium enrichment market in the near future.

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Polyethylene Furanoate (PEF) Market To Grow Due To Increasing Awareness Towards Eco-Friendly Products

Global market for polyethylene furanoate (PEF) is likely to increase on account of growing demand for sustainable packaging materials in vague of paradigm shift towards environmental concerns and sustainability. Increasing expenditure by chemical manufacturers towards the development of bio-based chemicals intended for reduction on dependence of petrochemical feedstock is expected to drive the market growth. Booming shale gas exploration in the U.S. in light of rising expenditure on hydraulic fracturing at domestic level is likely to hinder the market growth. PEF is manufactured from bio-based mono ethylene glycol (MEG) and FDCA (Furandicarboxylic acid). In December 2011, Netherlands based, Avantium announced the development of new technology for the production of FDCA by 2016 which is expected to ensure raw material access for polyethylene furanoate production., Greencol Taiwan Corp , a joint venture between China Man Made Fiber Corp and Toyta Tususho established a facility to manufacture bio-MEG In 2012, which is likely to stimulate the market for polyethylene furanoate.

In depth research report on Polyethylene Furanoate Market

http://www.grandviewresearch.com/industry-analysis/polyethylene-furanoate-pef-market

 PEF is a 100% recyclable bio-based polymer derived from plants having the potential to replace PET which is a durable material derived from conventional resources. PEF has certain advantageous properties over PET which include high barrier to water, oxygen and carbon dioxide along with extended product shelf life and reduction in production cost. Avantium developed YXY technology platform aimed at manufacturing bio fuels, bio based plastics and bio chemicals. The YXY technology incorporates the application of carbohydrate feedstock such as starch, corn and sugar. Avantium has patented a technology aimed at conversion of biomass into furanics which is used in manufacturing of PEF. The company established strategic partnership with Danone, Coca-Cola and ALPLA for developing and commercializing bio-based polymers derived from PEF. Avantium manufactures PEF, FDCA and methyl levulinate in its pilot plant located in Netherlands. In 2014, Avantium, Danone, Swire Pacific and Coca-Cola signed a consortium of USD 50 million investments aimed at developing and commercializing the alternative to PET for packaging applications. In 2014, Avantium demonstrated the application of PEF for manufacturing of fibers to make 100% bio based t-shirts for textile manufacturers.

Asia Pacific is likely to be a lucrative market in the near future on account of growing packaging industry in India and China in vague of positive outlook on food & beverage, consumer goods and pharmaceutical sectors. The government of China announced 12th five year plan, aimed at reducing carbon footprint and enhancing chemical output at domestic level by focusing on renewable resources which is likely to have a positive impact on market. North America is likely to be promising market for bio based chemicals in light of increasing environmental concerns towards reducing GHG emissions coupled with stringent regulations towards non-recyclable plastic consumption at domestic level. In 2011, the US government published National Bio economy Blueprint intended for promotion of bioplastics consumption by investing in renewable resources through development of effective technologies and processes.

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Global Coal Fired Power Generation Market To Reach Installed Capacity 2073 GW By 2020 : Grand View Research, Inc.

The global coal fired power generation installed capacity is expected to reach 2,072.8 GW by 2020, according to a new study by Grand View Research, Inc. Availability of coal at cheap prices mainly in coal rich Asian countries is expected to remain a key driving factor for the market. In addition, rising electricity consumption on account of growing energy need, especially from emerging markets, is also expected to have a positive impact on market demand. However, stringent regulatory outlook mainly in Europe and North America along with a definitive push for clean or sustainable energy may hinder market growth over the next six years.

Commercial applications dominated coal fired power generation demand, accounting for 55.7% of total market in 2013. In addition to being the largest application segment, commercial applications are also expected to be the fastest growing application segment, at an estimated CAGR of 3% from 2014 to 2020.

In depth research report on Coal Fired Power Generation Market

http://www.grandviewresearch.com/industry-analysis/Coal-Fired-Power-Generation-Industry

Further key findings from the study suggest:

·       Pulverized coal systems dominated the technology market for coal fired power generation and accounted for over half of the total capacity installed in 2013. Global installed capacity for cyclone furnaces based coal fired power generation is expected to reach 614.7 GW in 2020, growing at a CAGR of 2.6% from 2014 to 2020.

·       Asia Pacific emerged as the largest regional market and accounted for just over 55% of total installed capacity in 2013. Asia Pacific along with being the largest market is also expected to be the fastest growing market for coal fired power generation at an estimated CAGR of 3.2% from 2014 to 2020.

·       Some of the leading companies operating in the global market include China Huaneng Group, China Datang Corporation, Korea Electric Power Corporation, Shenhua Group Corporation Limited, Duke Energy Corporation, National Thermal Power Corporation Limited, E.ON SE and American Electric Power Company Inc.

For the purpose of this study, Grand View Research has segmented the coal fired power generation market on the basis of application, technology and region:

Global Coal Fired Power Generation Technology Outlook (Volume, Giga Watts, 2012 - 2020)

            • Pulverized Coal Systems

            • Cyclone Furnace

            • Others

Global Coal Fired Power Generation Application Outlook (Volume, Giga Watts, 2012 - 2020)

            • Residential

            • Commercial

Coal Fired Power Generation Regional Outlook (Volume, Giga Watts, 2012 - 2020)

            • North America

            • Europe

            • Asia Pacific

            • RoW

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

CBM (Coal Bed Methane) Market Worth 4,667.4 Bcf By 2020 | CAGR of 7% from 2014 to 2020 | Grand View Research, Inc.

Global CBM (Coal Bed Methane) market is expected to reach USD 17.31 billion by 2020, growing at a CAGR of 5.9% from 2014 to 2020. Unconventional CBM reserves, especially in coal-rich regions are increasingly gaining the spotlight as the industry strives for energy independence. Exploration and commercialization of unconventional hydrocarbon energy sources is seen as a critical step by energy agencies, to stabilize the energy supply-demand gap in the coming years. With CBM being a pure natural gas form, producers and consumers also have the opportunity to obtain much needed carbon credits and tax incentives.

The strict framework designed for extraction by various environmental agencies coupled with the highly capital intensive process is expected to be a key challenge for industry participants over the next six years.

In depth research report on Coal Bed Methane (CBM) Market

http://www.grandviewresearch.com/industry-analysis/coal-bed-methane-industry

Further Key findings from the study suggest:

·       Global CBM production was 2,920.3 Bcf in 2013 and is expected to reach 4,667.4 Bcf by 2020, growing at a CAGR of 7% from 2014 to 2020.

·       Power generation and industrial applications dominated CBM usage, accounting for over 64% of global volumes in 2013, with the former expected to be the fastest growing CBM market, at an estimated CAGR of 8.5% from 2014 to 2020.

·       U.S. and Canada are the largest CBM producers, accounting for over 70% of global volume in 2013. U.S. CBM market revenues were estimated at USD 7.22 billion in 2013 and are exoected to grow at a CAGR of 5.4% from 2014 to 2020.

·       Asia Pacific is expected to be the most dynamic regional market, with significant unexplored reserves. China, India and Indonesia are expected to lead the Asian CBM industry. The Chinese Ministry of Land and Resources has already announced plans to produce 16 billion cubic meters of coal bed methane by 2015, while Indonesia has already audited 1,000 bcf net resources and has production target of over 15,000 bcf by 2020.

·       Key companies involved in CBM extraction include Arrow Energy, Dart Energy, Santos, PetroCHina and petronas.

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

CBM Application Outlook (Volume, Bcf; Revenue, USD Billion; 2012-2020)

        • Power Generation

        • Industrial

        • Residential

        • Commercial

        • Transportation

Regional coverage of the database includes:

• North America

        • U.S.

        • Canada

• Europe

        • Russia

• Asia-Pacific

        • China

        • India

        • Australia

        • Indonesia

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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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For more market analysis reports, please visit: http://www.grandviewresearch.com/

Oil and Gas Separation Market Is Predicted To Hit USD 10.68 Billion By 2020

Global Oil And Gas Separation Market is expected to reach USD 10.68 billion by 2020, according to a new study by Grand View Research, Inc. Favorable initiatives such as Kuwait conventions and U.S. EPA regulations towards maintaining optimum pipeline fluid quality with low gas to water and oil to gas ratio are expected to drive global oil & gas separation market. Increasing environmental concerns along with strict quality specifications are also expected to have a positive influence on the market growth. Key market participants have been investing heavily in R&D for technological developments to meet pipeline specific fluid quality. Rising E&P in conventional & unconventional reservoirs in offshore & onshore locations along with increased levels of water production in tight reserves is also expected to impact the market growth. Growing solid handling issues in existing plants along with high cost of equipment upgradation is expected to remain a key challenge for market participants.

Global oil & gas separation market revenue by technology, 2012 - 2020 (USD Million)

Gravitational separation emerged as the leading oil & gas separation technology and accounted for over 45% of total market revenue in 2013. Gravitation is the most conventional method used for oil & gas separation and its existing capacities coupled with its effective separation have contributed to its growth in the past. The segment is expected to lose some of its share to other high growth segments such as centrifugal separation owing to increasing R&D and technological advancements to handle multiple fluid phases and various crude oil grades. Centrifugal technology is estimated to witness the fastest growth at a CAGR of 4.7% from 2014 to 2020 owing to more efficient separation mechanism.

 In depth research report on Oil And Gas Separation Market:

http://www.grandviewresearch.com/industry-analysis/oil-and-gas-separation-market

Further key findings from the study suggest:

·        Three-phase separators were the largest product segment and accounted for over 40% of total market revenue in 2013. It is also expected to witness the highest growth of 4.9% over the next six years owing to their ability to deal with solids. Scrubbers are also estimated to witness significant growth over the forecast period on account of efficient mist separation coupled with increasing environment regulations for maximum particulate and GHG content in flare gases.

·        Onshore was the largest application segment and accounted for 59.6% of total market revenue in 2013. Oil & gas separation demand in offshore is expected to witness the highest growth rate of 5.4% from 2014 to 2020. Increasing deep sea and ultra deep sea investments in the “Golden Triangle” is expected to drive this segment over the forecast period.

·        North America was the largest regional oil & gas separation market and accounted for over 40% of total market revenue in 2013. The regional market is expected to witness significant growth on account of large number of shale plays in the U.S. Asia Pacific is expected to witness the highest growth rate of 5.1% over the next six years on account of improving oil & gas infrastructure coupled with rapid development of shale gas E&P. Increasing offshore oil & gas development in countries such as Malaysia, Indonesia and Vietnam is also expected to fuel the regional market.

·        Major companies in global market have been investing heavily on R&D for efficient oil & gas separation technology development. Key players operating in global oil & gas separation market include Opus Company, Pall Corporation, Unidro SpA, Hamworthy, Twister BV, Honeywell, Frames Group, Sulzer and FMC Technologies, Alfa Laval, Andritz and Westfalia.

For the purpose of this study, Grand View Research has segmented the oil & gas separation market on the basis of technology, product, application and region:

Global Oil & Gas Separation Technology Outlook (Revenue, USD Million, 2012 - 2020)

    • Gravitational

    • Centrifugal

    • Others

Global Oil & Gas Separation Product Outlook (Revenue, USD Million, 2012 - 2020)

    • Two-phase separators

    • Three-phase separators

    • Scrubber

    • Others

Global Oil & Gas Separation Application Outlook (Revenue, USD Million, 2012 - 2020)

    • Onshore

    • Offshore

    • Refinery

    • Others

Global Oil & Gas Separation Regional Outlook (Revenue, USD Million, 2012 - 2020)

    • North America

    • Europe

    • Asia Pacific

    • Middle East & Africa

    • Central & South America

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