??Key Trends Impacting Global Circulating Fluidized Bed (CFB) Boilers Market Industrial progress and infrastructural development witnessed across developing countries have considerably fuelled the energy demand. While these developments bode well for an economy’s growth, they correspondingly aggravate the existing concerns relating to carbon emissions. In view of the situation, Transparency Market Research (TMR), forecasts the installation of circulating fluidized bed (CFB) boilers to increase significantly across the world.
Countries located in Asia Pacific is expected to account for higher share in the globally installed capacity base of CFB boilers. CFB boilers can produce energy from a variety of fuels such as biomass, coal, Liquid sulfur dioxide and peat. Additionally, because these boilers have a very low operating temperature, they emit fairly low levels of harmful gases such as carbon dioxide, nitrogen dioxide, and sulfur dioxide. Due to these advantages, the installed capacity of CFB boilers is poised to surge exponentially.
As per TMR, the global circulating fluidized bed boilers market is projected to exhibit a CAGR of 11.25% between 2015 and 2023. The installed capacity base of CFB boilers is likely to increase from 92.0 GWe in 2014 to 241.9 GWe by the end of 2023. Demand from Power Sector to Boost Installation of CFB Boilers across Asia Regionally, the CFB market has been exhibiting a robust growth in China, Japan, and Australia. These countries together accounted for over 34.67% of the global CFB boilers market in 2014. With a share of 17.527% in the global market, South East Asia emerged as the market boasting the second-largest installed capacity base of CFB boiler in the same year. The rapid growth witnessed by the market in Asian countries is largely attributed to the development of power market in India and China. The CFB boilers market also derived momentum from the industrial growth and infrastructural development witnessed in these countries. TMR pegs the total installed capacity of China, Japan, and Australia as a region segment at 18 GWe in 2014.
Rising at a CAGR of 7.14% from 2015 to 2023, it is expected to reach 34.5 GWe by the end of the forecast period. In developed markets of North America, the demand for ultrasupercritical boilers is expected to be the highest. The oil and gas industry reports the highest demand for CFB boilers in North America. TMR expects the application of CFB boilers to surge in the region’s chemical sector as well. The subcritical boilers segment held the largest share in the Europe CFB boilers market in Europe.
The oil and gas industry will report the highest demand for CFB boilers in this region as well. About UsTransparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
??Global consumption of sodium metal will grow at a sluggish CAGR of 3.3% through 2024, according to Persistence Market Research’s report entitled, "Sodium Metal Market: Global Industry Analysis and Forecast, 2016 - 2024." In 2016, over 98,400 MT sodium metal was consumed globally, and it is estimated to surpass 127,400 MT by 2024. The sluggish demand for sodium metal is attributed to hazardous effects of highly reactive sodium element. Challenges with handling and storage of sodium metal will continue to negatively impact the growth of the market.
Further, limited availability of sodium metal on account of fewer players has resulted into introduction and use of alternatives, such as magnesium for use in industrial applications. Key players in this market are concentrating on expansion of their production capacities and making long-term contacts with end-use industries, especially in near proximity, to incur growth opportunities. Manufacturers are also focusing on introduction to new grades of application-specific sodium metal. Inner Mongolia Lantai Industrial Co. Ltd. held the highest volume market share in 2015. Other leading players in the global sodium metal market include and MSSA S.A.S.
Request for sample report: samples/14854 In terms of volume, chemical synthesis application of sodium metal held 70.4% share of the market in 2016; by 2024, this is expected to reach nearly 72%. Sodium metal is also used in the production of dyes, and it is projected that this application segment will grow at 4.7% CAGR in terms of volume through 2024. The weakness in demand will be offset to a certain extent by applications in chemical synthesis and textile industry. APAC is projected to be the most lucrative region for the global sodium metal market followed by North America and Europe. Asia Pacific forms a hub for textile industries owing to the ever-growing population and demand for a wide range of textiles, resulting in steady demand for sodium metal.
Over 53,690 MT of sodium metal was consumed in APAC in 2016. The North America sodium metal market was around US$ 60 Mn in 2016, and it is expected to reach around US$ 80 Mn by 2024. Consumption of sodium metal in Europe, pegged at over 19,700 MT in 2016, is expected to surpass 24,200 MT by 2024. Key Market Drivers and Trends The demand for denim clothing has witnessed a robust growth in the recent past resulting in higher demand for sodium metal for textiles and apparels Sodium metal forms a key constituent in the manufacturing of indigo dyes Steady growth in global biodiesel production is one of the primary driving factors as sodium methylate is widely used as a catalyst for large-scale biodiesel production Application Sulfuryl chloride manufacturers of sodium metal as a reductant in metals manufacturing and refining Global sodium market is characterized by competitive oligopoly.
Ferric chloride hexahydrate contains not less than 98.0 percent and not more than 102.0 per cent of FeCl3•6(H2O). It is yellow or brown in color and is available in the form of solid powder or lumps. Ferric chloride hexahydrate is readily soluble in water and highly soluble in acetone and ethanol. Its molecular formula is FeCl3•6(H2O). Ferric chloride hexahydrate is also known as iron/ferric (III) chloride hexahydrate, ferric chloride hexa, ferric chloride Gr, iron trichloride hexahydrate, or ferric chloride 6H2O. It is readily soluble in water and is hygroscopic is nature.
The salt is stable under normal conditions, but it cannot withstand strong oxidizing agents. Ferric chloride hexahydrate has the ability to form mixture with potassium and sodium. This mixture can be explosive. It is potentially toxic, highly corrosive, and hazardous in case of skin contact, eye contact, or ingestion. Read Report Overview @ ferric-chloride-hexahydrate-market.html Ferric chloride hexahydrate is well known for its usage in sewage treatment. It helps in purification of water and thus plays a vital role in drinking water production. Printed circuit boards can be prepared with the help of ferric chloride hexahydrate. The salt is employed in brown patinas (copper, brass, or bronze). Sulfuryl chloride manufacturers It is an oxidizing agent, a clinical reagent, and one of the highly preferred etching agents for engraving and photography.
Ferric chloride hexahydrate can be used as a mordant in dyeing and printing of textiles. It helps in preparation of a variety of organically templated iron phosphates, due to its rich crystal chemistry and the ability to absorb large molecules in its micropores. The global ferric chloride hexahydrate market is expected to expand at a moderate CAGR from 2016 to 2024. A major driver for the market is the risen number of strict legislations regarding wastewater treatment in industrial and domestic sectors.
Use of ferric chloride hexahydrate for treatment of wastewater is primarily dependent on location to source, as transportation costs can be a major portion of the delivered cost. This can act as a factor restraining the growth of the global ferric chloride hexahydrate market. Western Europe is one of the major consumers of ferric chloride hexahydrate. This is attributable to the increasing consumption of the salt in countries such as the U.K., France, and Belgium as well as Mediterranean countries, as they are linked to EU norms for phosphorus removal. The ferric chloride hexahydrate market in Asia Pacific is projected to expand in the next six years. This is due to the rising demand for ferric chloride hexahydrate from China and Japan. China is the leading consumer of ferric chloride hexahydrate for wastewater treatment. Production of Chinese printed circuit boards is also rising, as major producers of printed circuit boards are shifting toward China.