“The ongoing sanction against Russia due to the Russia–Ukraine war has led to a decline in the European countries’ import of oil from Russia, which has a significant impact on the market. The decline in this trade led to increase in the search for oil resources in offshore areas, which is expected to drive the demand […]
Drilling and Completion Fluids Market Expected to Reach $11 7 Billion by 2030 | Registering a CAGR of 3 8% einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
global hydroponics market during the forecast period
Hydroponics has shown to yield a greater amount of produce than conventional agricultural practices. According to the research paper ‘Comparison between Growing Plants in Hydroponic System and Soil Based System published at the 4th World Congress on Mechanical, Chemical, and Material Engineering, August 2018, plants in the hydroponic system can achieve 20–25% higher yields than a soil-based system with productivity 2–5 times higher. Hydroponics uses water 90% more efficiently and many crops can be produced twice as fast in a well-managed hydroponic system. Hence, such factors are expected to drive growth of the global hydroponics market during the forecast period.