The market for offshore support vessels is expected to reach US$12.235 billion by 2023, increasing from a projected market size of US$10.203 billion in 2018, growing at a CAGR of 3.70% during this period.Offshore support vessels (OSVs) are cargo vessels that regularly transport equipment, supplies or goods to support offshore exploration or production activities. These vessels are either owned by companies that are specifically set up to own and operate such vessels or companies that combine wit Read more...
Global Foundry Market is expected to grow at a compound annual growth rate of 3.45% over the period 2016 to 2021. Stringent environmental regulations to reduce pollution is one of the key drivers of global foundry market as metal casting manufacturers are being forced to adopt technologies that reduce emissions. Growing production of lightweight vehicles due to increasing requirements for energy efficiency and stricter emission regulations is also fuelling the demand for foundries across the glo Read more...
Dry Bulk Shipping Market is estimated to grow moderately over the forecast period. Factors such as high economic growth, rising population and rapid urbanization, and growing steel production are boosting the need for shipping various materials used across different industries. APAC region will witness the fastest growth due to growing residential housing market and increasing investment in infrastructure, for which dry bulk materials such as steel, iron ore, and bauxite and phosphate are needed Read more...
Global E-Waste management market is expected to grow at a CAGR of 38.25% to grow to US$9.880 billion by 2022, increasing from US$1.956 billion in 2017. E-waste or electronic waste refers to the waste material created by rejected electronic devices. E-waste management is the process of establishing a value chain to ensure collection, recycling and disposing of e-waste. The major factor fueling the growth of the market is the reduced life spans of electrical, electronic and consumer electronic dev Read more...
Waste transportation market is estimated to witness high growth over the forecast period. The demand for different transportation solutions for waste is gaining momentum on account of burgeoning waste management industries. Hazardous nature of the wastes makes it imperative to handle and transport them safely for public safety. These wastes generated by different industries can be categorized into hazardous and nonhazardous. While hazardous wastes are stored in containers or safe-tanks, nonhazar Read more...
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