The global base oil market was valued at US$ 33.2 Bn in 2017 and is projected to expand at a CAGR of 1.7% from 2018 to 2026, according to a new report titled ‘Base Oil Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) Growth in the global automotive sector and increase in number of manufacturing plants are key factors driving the global base oil market.
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The global cogeneration equipment market is largely consolidated in nature, observes Transparency Market Research (TMR) in a new report. To further bolster their foothold, leading players in this market are forging alliances with original equipment manufacturers (OEMs) of various end-use industries. These companies are also investing in research to introduce innovative products, which will help them gain competitive advantage. They are also vying to tap growth opportunities in emerging economies, especially in Asia Pacific, which in turn will expand their geographical presence.
The global bunker fuel market is extremely competitive on account of the presence of many small independent suppliers of bunker fuel, a large number of leading oil companies, and large independent bunker fuel suppliers. Most companies are focusing on geographical expansion as their key strategy for strengthening their hold in the market which is getting more competitive by the day, states Transparency Market Research (TMR) in its latest research report on bunker fuel. Companies are focusing on attractive markets in Asia Pacific and Europe. Players are also striving to establish their consumer base in Europe and Asia Pacific. Leading names of the companies with your operating in the bunker fuel market are: Gazpromneft Marine Bunker LLC...
Biostimulants are those fertilizers that are produced naturally. They find use in the improving the growth of plants and enhancing nourishment of the agrarian products. Throughout the life cycle of a crop, biostimulants help in the development and growth of plants. The global biostimulants market is likely to ride high on the need for improving growth and development of plants. In addition, increased soil degradation is another stimulant for the expansion of the global biostimulants market.