Global LNG as a Bunker Fuel Market is anticipated to grow at a significant CAGR during 2017 to 202212/19/2017 High demand for environment efficient and inexpensive fuel for marines is likely to expand the scope for new developments. Liquefied Natural Gas (LNG) is an environment-friendly and cost-effective fuel. Thus, it can be a potential fuel for marines in comparison to expensive traditional fuel oils. LNG contains lower carbon content as compared to conventional ship fuels. Use of LNG as a fuel is likely to reduce carbon dioxide emissions by 20% to 25 %. It is also less costly than Marine Gas Oil (MGO).
Request a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/global-lng-as-a-bunker-fuel-industry-2017/request-sample Considering these benefits, most container liner companies are working towards LNG fueled ships to reduce harmful ship emissions. Growing number of LNG powered ships is likely to increase the demand for bunker fuel. To cater to the demand, most involved companies are planning their business strategies wisely. For instance, a multinational oil and gas company Shell, has signed an agreement with Carnival Corporation. According to the agreement, the former will provide LNG as a bunker fuel to the latter’s LNG fueled cruise ships. These ships are said to be the first of their kind in North America. The fuel supplier will facilitate these ships with fuel from its LNG bunker barge in the U.S. The fuel supplier is likely to implement the same strategy in Europe via chartered LNG bunkering vessel. The report “Global LNG as a Bunker Fuel Industry 2017 Market Research Report” is available now at https://www.radiantinsights.com/research/global-lng-as-a-bunker-fuel-industry-2017 One of the major disadvantages of using LNG as a bunker fuel is space. Being a gas, LNG weighs more and requires more volume for its storage. That means, longer the journey for ships, larger will be the storage tank to provide sufficient fuel. So far, cargo space inside the ships is being used to build fuel tanks containing gas. Reduced cargo space is likely to impact ship operators in terms of revenue. To solve this problem, engineers and architects are working together to design advanced fuel tanks for LNG storage in ships. However, construction of such tanks inside the ships will require extra piping, insulation, and steel work, which may further increase the cost. This can influence the global market growth over the forecast period. The LNG as a bunker fuel market can be segmented on the basis of product type, application, and region. Based on product type, the market can be bifurcated into inland waterway and oceans & lakes. Due to the effective properties possessed by LNG, it has managed to attract multiple end-users such as containerships, tankers, ferries, general cargo vessels, and other types of vessels. Geographically, the LNG as a bunker fuel market can be divided into Asia Pacific, Europe, and America. In the global arena, North America is extensively using LNG as a bunker fuel owing to a continuous drop in the prices of natural gas in the region. In addition, several countries from Asia Pacific like China and South Korea are also adopting LNG to fuel their marines. Increasing adoption of natural gas as a fuel is likely to propel the market in coming years. Moreover, a large number of LNG bunkering stations in Europe are expected to contribute well to the market during the forecast period. Some of the prominent players operating in the LNG as a Bunker Fuel Market include Skangass AS, Korea Gas Corporation, Harvey Gulf International Marine LLC., GDF SUEZ S.A, and Gasnor AS. To read more reports, Visit our blog: https://jyotiri.weebly.com
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Fire Trucks Market will grow due to Demand in Thrive as More Companies Indulge in M&A Activities12/7/2017 The primary goal of a fire truck is to transport firefighters to the scene and put out the fire with the help of water and various chemical compositions such as firefighting foam. Fire trucks generally carry various fire safety equipment such as first aid kits, hydraulic rescue tools, chainsaws, self-contained breathing apparatus, fans, ventilating equipment, extra protective gear, and ladders.
Request a Free Sample Copy of this Report @ www.radiantinsights.com/research/global-fire-trucks-industry-2017/request-sample Recent Trends Driving Demand for Fire Trucks Many companies these days have started focusing on acquiring other companies to expand and strengthen their global presence. Spartan Motors, Inc. announced that it has completed the acquisition of a leading innovator and fire apparatus manufacturer, Smeal Fire Apparatus Co. and its subsidiaries in the recent past. With this acquisition, the company is at an even better position to deliver a wide and robust portfolio of popular technologies, services, and products to its customers, including original equipment dealers and manufacturers. The report “Global Fire Trucks Industry 2017 Market Research Report” is available now at www.radiantinsights.com/research/global-fire-trucks-industry-2017 Market Overview According to the findings of a new research made available by Radiant Insights, Inc., the global fire trucks market is estimated to register a healthy growth rate over the forecast period (2016 to 2022).Rising adoption levels of new and highly developed technologies and growing use of various digital tools and modern electronics in these trucks are projected to augment the growth of the global market in future. Moreover, stringent regulations regarding adhering to fire safety standards across the globe are anticipated to fuel the overall demand for fire trucks during the next few years. In addition, escalating demand for fire trucks as a result of their growing penetration in different application areas is expected to have a positive impact on the market. W. S. Darley & Co.; Smeal Fire Apparatus Co.; Emergency One Inc. (E-One); Rosenbauer International AG; HME, Inc.; Oshkosh Corp.; and Morita Holdings Corp. are some of the prominent companies operating in the highly competitive market for fire trucks. About Radiant Insights, Inc Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake. To read more reports of this category, Visit our blog: http://riautomotivemarketresearchreports.blogspot.com Automotive plastic fasteners are hardware devices used in adjoining two or more objects. Types of fasteners include nuts, screws, bolts, bushes, clips, grommets, rivets, plugs, and cable ties. Government mandates outlining the use of plastic fasteners to reduce overall automobile weight is projected to drive market demand. For instance, TR Fastenings, a U.K. company has decided to create automotive components from lightweight materials to comply with the local government’s target of reducing nitrogen oxide (NOx). It has already started producing fasteners for prominent electric vehicle manufacturers like Nissan.
Request a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/global-automotive-plastic-fasteners-market-professional-survey-report-2017/request-sample In addition, easy availability of fasteners makes it convenient for consumers to purchase it on an as-needed basis. This factor is expected to bolster market demand. Demand for automobiles with high performance is expected to work in favor of the demand for plastic fasteners. In addition, plastic products are derived using injection molding to reduce manufacturing cost. 3D printing is being considered by various manufacturers as a viable option for mass production of these products. Composite materials are also being considered to form designs customized according to car designs. Alternatives such as welding and clinching can be a threat to future market growth. Download Full Research Report @ https://www.radiantinsights.com/research/global-automotive-plastic-fasteners-market-professional-survey-report-2017 Region-wise, the global market is divided into India, Japan, China, Europe, Southeast Asia, and North America. The China market is slated to grow at a steady rate during the forecast period as it is one of the biggest manufacturers as well as consumers of automobiles. The Japanese market may also expand at a similar rate. The India market is also projected to exhibit high growth till 2022 due to supportive government fiats encouraging the growth of the manufacturing sector. The North America market may witness dull growth due to slow automobile production rate in the U.S. However, the production of electric vehicles may provide opportunities for future growth. The worldwide automotive plastic fasteners market is segmented on the basis of type, material, application, and region. By type, the market is divided into light commercial vehicles (LCV) and passenger cars. On the basis of material, the market is fragmented into polyoxymethylene (POM), polyvinyl chloride (PVC), nylon, and others. Wire harnessing, power train, electronics, interior, exterior, chassis, and others are major applications in the market. Notable market players include Illinois Tool Works Inc. (ITW); Avery Dennison Corporation; Stanley Black & Decker, Inc.; A. Raymond SARL; and MW Industries, Inc. (MWI). The market is highly competitive in nature due to presence of various manufacturers competing for the top spot. Raw material, product design, and quality are three parameters that could be the deciding factor for players to sustain their market hold. |
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