The Alkaline Water Electrolysis Market, valued at USD 1.1 billion in 2023, is projected to surpass USD 4.0 billion by 2030, registering an impressive CAGR of 20.0% during 2024–2030. This growth reflects the expanding demand for clean hydrogen, a pivotal component in achieving global energy sustainability. In this article, we will explore the dynamics, key drivers, challenges, and...

The electrode ovens market globally was valued at approximately USD 200 million in 2023, and it is projected to reach USD 340 million by 2032, registering a CAGR of 6.2%. Electrode ovens play an essential role in preserving the condition of welding electrodes by preventing moisture absorption, which can cause weld defects and pose safety risks. The market’s growth is largely attributed to...

Global Oil and Gas Logistic Market size was valued at USD 22.4 Billion in 2023 and is poised to grow to USD 46.2 Billion by 2031, growing at a CAGR of 10.2 % in the forecast period (2024-2031). The oil and gas logistics market is experiencing robust growth driven by increasing global energy demands and the expansion of upstream and downstream activities. This growth is fueled by technological...