Energy & Power
Depleting fossil fuel reserves and the search for greener alternatives to drive biodiesel market outlook in the years to come
The global biodiesel market size is
expected to increase significantly in the coming years. Biodiesel is basically
obtained from animal fats, edible oils, yellow grease, and vegetable oils by a
process called transesterification, which converts fats and oils into
chemicals. These chemicals derived from all-natural sources act as a direct
alternative to fossil fuels and conventional fuels. But the main advantage they
provide is to lower greenhouse gas emissions, which according to recent
estimates goes far beyond 6 billion metric tons of carbon dioxide. Shifting focus toward energy independence
and rising environmental concerns are primarily driving the biodiesel market
demand worldwide. Apart from its key features to reduce greenhouse gas
emissions, biodiesel is biodegradable and also a renewable liquid fuel for
greener transportation. Being essentially produced domestically and having all
aspects of conventional fuels, it reduces reliance on imported oil. In
addition, bio...
Author Name : Report Hive Research
Energy Conservation Trends to propel Smart Outlet Market growth over 2020-2024
Report Hive Research adds a new study
titled “Smart Outlet Market Report†to
its research database. Delivering in-depth insights, the report discusses
recent trends, market drivers,
market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the
global Smart Outlet Market forecasted from 2020
to 2024. Besides, it also includes vital information related to
future strategies, acquisitions and mergers, market footprint, financial
positions, supply chain trends, innovations, and key developments.Market
Overview:Smart outlets also known as the
smart plugs get plugged into a normal electrical socket transforming it into a
versatile and high-tech electrical outlet. Developing countries are projected
to offer favorable growth opportunities to the smart outlet market by ensuring
increased product sales in the coming years. The availability of high
...
Author Name : Report Hive Research
Electric Vehicle Charger (EVC) Market to gain immense traction from the proliferating Electric Vehicle Industry
Electric Vehicle Charger (EVC) Market Growth is primarily driven by
factors such as government regulations on increasing environmental pollution,
rising penetration of electric vehicles, and a surge in government efforts to
develop electric vehicle charging infrastructure. However, the limited number
of EV charging stations and the lack of standardization in the EV charging
infrastructure are expected to hinder the expansion of Electric Vehicle Charger
(EVC) Market size. But the introduction of new technologies such as wireless
charging for luxury and feature-equipped electric vehicles should create
business opportunities in the long run.Electric
vehicle charging infrastructure is a crucial element for mass deployment of
electric vehicles. Several government efforts are underway to provide EV
charging stations around the world. For example, the Indian Association of
Automotive Research (ARAI) plans to deploy more than 200 EV charging stations
nationwide. In addition, Tata ...
Author Name : Report Hive Research
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