GlobalData

The volume of xEV batteries is projected to increase steadily to reach 29.9 million units in APAC by 2029, recording a compound annual growth rate (CAGR) of 9.3% over 2024-29, according to GlobalData, a leading data and analytics company.

Nivedita Roy, Oil and Gas Analyst at GlobalData, comments: “This high-capacity addition of ammonia in the US is attributed to the abundance of low-cost natural gas, which is a primary feedstock for the production of ammonia. The large agriculture sector of the US relies heavily on ammonia-based fert...

Saurabh Daga, Project Manager of Disruptive Tech at GlobalData, comments: “Energy storage technologies are emerging as a cornerstone for the global shift to renewables, addressing critical challenges of intermittency and grid stability.

North America is set to lead the global ammonia industry capacity additions with a share of 37% by 2030 by gaining capacity from new-build and expansion projects between 2023 and 2030, according to GlobalData, a leading data and analytics company. 

Nuvola SafeCoat Direct Deposition Separator product is a drop-in solution for lithium-ion batteries that replaces conventional film separators

According to the new outlook by AEM (Association of Equipment Manufacturers), the equipment manufacturing industry is still recovering from the impacts of the COVID-19 pandemic nearly three years after its onset.