Non-conventional/Conventional energy market is transforming amid growing concerns for environment, with efficiency being focus. Manufacturers across sectors are looking forward to design product and provide services using limited amount of non-renewable/conventional energy sources. However, World Energy Outlook 2016 anticipates global energy demand for conventional energy would continue to grow due to lack of substitutes in areas of aviation, petrochemicals, and road freight. Energy companies are adopting methods like thermal injection, gas injection, water flooding, chemical treatment (surfactant, polymer etc) and so on to revive mature oil & gas fields.
Post Paris Agreement in 2016, demand for oil and coal is declining steadily. However, the demand for natural gas has increased. Natural gas is looked over as a good source for energy from both economic and environmental perspective. Besides being low carbon intensive fossil fuel as compared to oil and coal, gas plants can be built within two years. Global demand for natural gas is anticipated to increase by an average 4-5% per annum till 2030. Increasing demand for clean energy, low gas prices, and strict government regulations against pollution are the prime factors demand for natural gas across the globe. Rising demand for natural gas would drive demand for full wave field inversion, seismic imaging, and hydraulic fracturing technology in medium term.
Besides natural gas, nuclear energy is much sought after non-renewable/conventional energy source across the globe. At present (2017), there are more than 449 nuclear reactors running across 30 countries around the globe. More than 60 new reactors are at present under construction in over fifteen countries. Nuclear energy accounted for roughly 12% of the world energy matrix in 2017. Government and public organizations across the globe are investing in nuclear energy as a part of long term energy solutions. Amid escalating cost of third generation nuclear reactors, enterprises are investing in economical small modular reactors. Adoption of small modular reactor helps provide power to smaller grid systems and other isolated markets where conventional large reactors are not feasible. OBRC reports offers regulatory framework for leading nuclear energy nations. Analysts keep a tab on changing regulations estimate their impact on niche non-renewable/conventional energy markets in the short & medium term. Recent accidents like that of Fukushima Daichi have resulted in nuclear energy institutions investing in nuclear radiation safety technologies. OBRC reports provides in depth technology evaluation being used in nuclear radiation safety across the globe in terms of cost and availability.
Analysts at OBRC are focused on technologies and services that are present within niche of non-renewable/conventional energy market. Niche non-renewable/conventional energy market is estimated keeping consumer demand, volatility in energy prices, technology valuations, and future investment possibilities into perspective. We carry out primary research with leading industry experts in energy and government regulators to understand the changing sector environment. Niche non-conventional/conventional energy market segmentation is also rectified with experts within the industry. Estimated market values are rectified via primary research. Our reports provide strategic analysis of each of the niche markets within non-renewable/conventional energy sector, through models like investment versus adoption, 360-degree analysis, porters five force, and so on.
Some of the recent reports on non-renewable/conventional energy market are global fracking proppants market, global aerospace and defence fuel market, global small wind market insights, global energy harvesting market, and global offshore support vessel market and so on. Analysts at OBRC are constantly updating and researching new reports on niche non-renewable/conventional energy market. Some of the titles worked on by our analysts currently are global natural gas storage market, global carbon capture & sequestration market, global specialty fuel additives market, global enhanced oil recovery market, global hydraulic fracturing market and so on.