Technavio has announced its latest market research report titled Petroleum Sorbent Pads Market by End-user and Geography - Forecast and Analysis 2021-2025
The petroleum sorbent pads market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
Market Segmentation by End-user:
Based on the segmentation by end-user, the market generated maximum revenue in the passenger vehicles segment in 2020. The increasing manufacturing activities and emerging economies will contribute to the growth of the oil absorbent pads market. The growth of the segment will be significant over the forecast period.
/PRNewswire/ The powerships market is expected to grow by 7.38 Gigawatts during 2021-2025, according to Technavio. The report offers a detailed analysis of.
/PRNewswire/ The shale gas market is expected to grow by USD 13.51 billion during 2021-2025, according to Technavio. The report offers a detailed analysis.
/PRNewswire/ The photovoltaic inverter market is expected to grow by USD 1.48 billion during 2021-2025, according to Technavio. The report offers a detailed.
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NEW YORK, May 17, 2021 /PRNewswire/
Technavio has been monitoring the biodiesel market and it is poised to grow by USD 7.87 billion during 2021-2025, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Biodiesel Market by Feedstock Type, Application, and Geography - Forecast and Analysis 2021-2025
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the biodiesel market.