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Global Renewable Diesel (Capacity and Demand) Market Insights 2020-2024 - Increasing R&D Spending in Energy Sector / Upsurge in Energy Consumption / Rising Usage of Biomass-Based Diesel


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The global renewable diesel capacity is expected to reach 14.63 million tons in 2024, growing at a CAGR of 21.33%, during 2020-2024. While, the global renewable diesel demand is projected to reach 12.88 million tons, increasing at a CAGR of 15.93%, during 2020-2024.
The factors such as growing production of motor vehicles, increase in biofuel demand, rise in carbon dioxide emission, availability of used cooking oils and emission control regulations by the government would drive the growth of the market. However, the growth of the market would be challenged by insufficient availability of feedstock and problems associated with the quality control of renewable diesel. A few notable trends may include increasing R&D spending in the energy sector, upsurge in energy consumption and rising usage of biomass-based diesel. ....

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Global Offshore Wind Market to 2024: Rising Penetration of Offshore Wind Power / Improvement in Capacity Factor / Rising Renewable Energy Consumption / Growing Numbers of Offshore Wind Farms


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The global offshore wind market is expected to record a value of US$51.75 billion in 2024, increasing at a CAGR of 14.21%, for the duration spanning 2020-2024.
The factors such as rising penetration of offshore wind power, growing electricity demand, improvement in capacity factor, rising renewable energy consumption and an escalating number of offshore wind farms would drive the growth of the market. However, the market growth would be challenged by foundations and transition piece challenges, development hurdles and environmental issues. A few notable trends may include decline in installation cost, increasing R&D spending on energy sector and the evolution of offshore wind turbines. ....

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Outlook on the Refrigerant Global Market to 2024 - Insights & Forecast with Potential Impact of COVID-19


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The global refrigerant market is expected to record a value of US$19.57 billion in 2024, increasing at a CAGR of 5.20%, for the duration spanning 2020-2024.
The factors such as increasing sales of refrigerators, growing production of motor vehicles, rising demand for commercial air conditioners, growing adoption of portable fire extinguishers1 and increased industrialization in emerging economies would drive growth of the market. However, the market growth would be challenged by illegal trade of refrigerants, safety drawbacks of refrigerants and stringent regulations against fluorocarbon refrigerants. A few notable trends may include increasing use of dehumidifiers, accelerating R&D spending in energy sector, rising demand for natural refrigerants and use of IoT-enabled refrigeration solutions for equipment monitoring. ....

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