Energy & Resources

The global Virtual Power Plant (VPP) market was valued at US$448.1 million in 2022 and is projected to grow at a CAGR of 17.8% during the forecast period 2023-2033.

The global Thermal Enhanced Oil Recovery (EOR) market was valued at US$21,811 million in 2022 and is projected to grow at a CAGR of 5.2% during the forecast period 2023-2033.

The Chemical Enhanced Oil Recovery (EOR) market was valued at more than US$4.00 billion in 2022 and is projected to grow at a CAGR of 7.8% during the forecast period 2022-2032.

The global floating liquefied natural gas (FLNG) market was valued at US$16,670 million in 2021 and is projected to grow at a CAGR of 20.1% during the forecast period 2022-2032.

The global anaerobic digestion (AD) market was valued at US$18,075 million in 2021 and is projected to grow at a CAGR of 3.8% during the forecast period 2022-2032.

The grid scale battery storage technologies market was valued at US$7,058 million in 2021 and is projected to grow at a CAGR of 15.6% during the forecast period 2022-2032.

The global coal combustion products market was valued at US$111.2 million in 2021 and is projected to grow at a CAGR of 4.8% during the forecast period 2022-2032.

The global hydrogen energy storage market was valued at US$14,587 million in 2021 and is projected to grow at a CAGR of 6.0% during the forecast period 2022-2032.

The global CO2 enhanced oil recovery market was valued at US$3,735 million in 2021 and is projected to grow at a CAGR of 4.4% during the forecast period 2022-2032.

The global molten salt reactors market was valued at US$10,350 million in 2021 and is projected to grow at a CAGR of 5.9% during the forecast period 2022-2032.

The global energy storage technologies market was valued at US$13,787 million in 2021 and is projected to grow at a CAGR of 5.7 during the forecast period 2022-2032.

The global waste-to-energy market was valued at US$18,087 million in 2021 and is projected to grow at a CAGR of 3.3% during the forecast period 2022-2032.

The global clean coal technologies (CCT) market was valued at US$30,977 million in 2021 and is projected to grow at a CAGR of 3.95% during the forecast period 2022-2032.

The global small modular reactors market was valued at US$9,725 million in 2021 and is projected to grow at a CAGR of 3.5% during the forecast period 2022-2032.

The global coal power decommissioning market was valued at US$7,087 million in 2021 and is projected to grow at a CAGR of 6.9% during the forecast period 2022-2032.

The global offshore wind power market was valued at US$30.54 billion in 2021 and is projected to grow at a CAGR of 14.7% during the forecast period 2022-2032.

The global carbon capture and storage market was valued at US$2,697 million in 2021 and is projected to grow at a CAGR of 7.7% during the forecast period 2022-2032.

The global digital oilfield market was valued at US$24087 million in 2021 and is projected to grow at a CAGR of 9.0% during the forecast period 2022-2032.

Tire-derived fuels are in demand from end-use sectors such as cement, paper & pulp, and a variety of others due to their high energy profile.

The grid performance is optimised and demand response plans are built as a result of the employment of these tools. This is the main reason for growth in the market.