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The global sports supplements market is witnessing growth. The growth of the industry can be credited to the increase in the count of fitness centers and well-being clubs, where participants are motivated to eat supplements to uphold their physical well-being. The rise in urbanization and growth in the buying power of customers is further propelling the development of the industry. The development of these establishments is one of the key propellers for the sports supplements industry, providing profitable opportunities to the industry players. The advanced nations in Europe and North America region are producing major demand in the sports supplements market, credited to the high per-capita income here. The absence of awareness regarding the advantages of sports supplements in emerging nations is a major factor for their low share in the industry. Furthermore, the low per-capita income of customers in emerging and underdeveloped countries has been limiting the development of the indus...

The global benzalkonium chloride market is projected to be worth USD 1,301.1 million by 2030 , growing at a CAGR of 9.6%. This development can be credited to the fast growth of the medicinal and oil & gas industries, which is directing to a high-volume requirement for the compound. In recent years, the disinfectants category, based on application, held the largest market share, and the category is also projected to be dominant in the future as well. This can be credited to the growing occurrence of hospital-attained infections, coupled with the existence of severe guidelines concerning the utilization of surface sanitizers in diagnostic labs, research laboratories, hospitals biotechnology, and pharmaceutical labs. Moreover, the ongoing COVID-19 epidemic has further amplified the demand for the compound for the making of disinfectants. In the past few years, North America dominated the benzalkonium chloride market, mainly because of the growing chances for U.S. and Canadian oilfield...

As per a statement by P&S Intelligence, the sorbic acid market is projected to reach USD 521,126.7 thousand, advancing at a CAGR of 4.7%, by 2030 .   The growth is mainly credited to the existence of reputable pharmaceutical and food & beverages industries in Western countries, along with the increasing per capita consumption of food & beverages in Brazil, India, and China.   Based on form, the powdered category held the larger sorbic acid industry size, in recent years. This is due to the easier manufacturing method of the powdered compound when compared to the encapsulated form, as a result of this companies in the industry favor manufacturing sorbic acid in the powdered form.  Moreover, powdered sorbic acid can be added to any type of processed beverage or food, which is why it is adopted widely in the food & beverages industry. Based on application, the food & beverage category is expected to witness the fastest growth in the industry by ...

The triazine market will grow at a compound annual growth rate of 5.6% by the end of this decade, to reach a value of USD 814.55 million . The development of the triazine sector is powered by the rapid development in the oil and gas sector and healthcare industries. The growing necessity for 1,3,5-triazine-based derivatives for scavenging procedures in the oil & gas sector in addition to their increasing consumption for manufacture of pesticides, is propelling the growth of the industry. MEA was the most consumed in the past all over the globe, and it will continue to grow in the years to come. It is extensively used in the oil & gas sector as a H2S mercaptan and scavenger in hydrogen streams.  With the development of the oil & gas industry, reflected in the increase in examination & construction activities, the category will further grow. Moreover, the increasing requirement for effective rust guard in the pipelines and tanks of storage, apart from plummeting the r...

The overall size of the market for wave energy converters in 2022 was USD 21.08 million, and by 2030 it is estimated to reach USD 30.44 million; progressing at a rate of 4.70% from 2022 to 2030. The growing need for energy from renewable sources and their low emissions of carbon dioxide can be attributed to this. Moreover, the market is expected to grow due to increasing access to power from ocean waves and an increase in research and development activities. In the coming few years, the oscillating water column category, based on technology, is projected to experience the highest CAGR, of 5.4%. This can be ascribed to several factors, such as the enhanced lifetime of the material, low maintenance, and easy access near the shores. It is more convenient to build and design through a Wells turbine with the utilization of the natural flow of wind energy, which, indeed, does not release any greenhouse gases, making it a non-polluting and renewable resource of energy. In 2022, Europe was th...

With the worldwide drive to a cleaner form of energy, comes the paramount necessity for blue hydrogen. The technology’s capability to capture carbon but generate hydrogen is a direct answer to the urgent need to combat global warming. Blue hydrogen is a critical response to escalating demands of reducing carbon emissions across industries in the wake of the mounting pressures. As a transitional energy source and one that can leverage existing infrastructure to significantly reduce emissions, it is crucial for achieving sustainability goals. Blue hydrogen is a viable way of achieving net-zero emissions in countries and industries as they look for ways on how to go carbon neutral. What is Blue Hydrogen? Blue hydrogen is created by steam methane reforming from natural gas. Unlike grey hydrogen which allows CO2 emissions to go on unabated, Blue hydrogen has a differentiating advantage in that it integrates carbon capture and storage (CCS) technology. Using blue hydrogen, the produced carbo...

 In 2022, the offshore pipeline market was worth around USD 13,571 million, and it is projected to advance at a 4.10% CAGR from 2022 to 2030, hitting USD 18,716 million in 2030 , according to P&S Intelligence.  This growth can be ascribed to the increasing need for crude oil and natural gas, mainly from the APAC region, also a rising focus on secure, cost-effective, and harmless connections for oil & gas reserve supply, is projected to boost industry in the coming years.  The demand for pipelines is also projected to increase because of a surge in shale gas resource findings and expansion in the North American continent. Already, the region has created a substantial requirement for the fitting of pipelines off its shores. Furthermore, in the coming few years, the increasing hydrocarbon imports through subsea pipelines will have a significant positive influence on the industry. Several medications, chemicals, polymers, solvents, and fertilizers are made from petrol...