Energy

The global Plastic-to-Fuel (PTF) market has seen significant growth and is poised for a commendable upsurge, according to a recent market report. The PTF market, valued at US$900.3 million in 2020, is predicted to more than double a valuation of US$1,884.3 million by 2026. This represents a robust Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period.   For more information, please refer to the full report: https://www.fairfieldmarketresearch.com/report/plastics-to-fuel-ptf-market   The PTF market's expansion can be attributed to the growing emphasis on sustainable and circular economic models, as well as increasing environmental concerns regarding plastic waste. Plastic-to-fuel technology, a form of resource recovery, presents an innovative solution to the global plastic waste problem, converting non-recycled plastics into useful fuels and petroleum products.   The rising demand for alternative energy sources and the increasing focus on reducing the carb

 The worldwide market for autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) is projected to 2023 and 2030 attain a robust compound annual growth rate (CAGR) of roughly 7.8%, resulting in an estimated revenue of US$7 Bn by the end of the decade, according to a new report by Fairfield Market Research. 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭 𝐑𝐞𝐚𝐝 : https://www.fairfieldmarketresearch.com/report/auv-rov-market The growing usage of AUVs and ROVs is one of the main factors causing this growth. for offshore equipment maintenance and repair, especially for subsea sites used for production and exploration. In addition, the swift advancement in AUV and ROV technologies has resulted in significant investments in the sector. ROVs currently dominate the market, with a share of over 75% in 2022, due to their wide-ranging applications in various phases of offshore oilfield developments. However, AUVs, largely employed in military and academic research, a