Search results for: 'Platforms for ESG-based Growth Strategy'

The climate emergency and the global economy's pivotal shift to net zero have prompted a need for transparent and accountable environmental, social, and governance (ESG) frameworks that can shape the transition of sustainability and the circular economy. The future of ESG, sustainability, and the circular economy will rely on delivering more with l...

Europe has been faced with unprecedented heatwaves and droughts triggered by climate change. This has affected surface and groundwater availability across regions, leading to water use restrictions and investment in water reuse infrastructure.Southern European countries such as Spain, Cyprus, Malta, and Greece have invested in desalination as an al...

Disruptive AI models are increasingly challenging traditional assumptions about “classic” cloud data centers. As training clusters scale up to thousands of accelerators and consume tens of megawatts of power, the conventional CPU-centric, air-cooled, monolithic server model is no longer sustainable. This research study explores the megatrend of AI ...

The circular economy approach involves initiatives across material and product life cycles, supporting sustainable resource consumption and waste prevention by assimilating high-tech solutions. The global resource management sector is transitioning toward greater digital technology adoption using disruptive smart technologies and platform-based sol...

Most parts of Europe face recurring droughts as below-average rainfall combined with heatwaves exacerbate water stress. The latest revision of European Union wastewater directives has driven nations to invest in tertiary treatment of wastewater and proactively encouraged water reuse to meet agricultural and industrial water demand. This includes me...

The United Kingdom, despite having relatively high rainfall and water availability compared to many other countries, faces water stress primarily because of climate change, which has changed rainfall patterns and caused droughts. During the 2022 drought, some UK water utilities implemented an unprecedented hosepipe ban. Droughts are expected to bec...

The North American region has witnessed unprecedented weather disruptions that have caused dry spells, droughts, rising temperatures, and longer summer seasons, all of which have affected freshwater surface water sources. This has also put immense pressure on groundwater sources, which are being exploited. US states, especially the Pacific and Midw...

The Middle East manufacturing sector is undergoing a structural transformation driven by decarbonization imperatives, energy transition, and the economic diversification agendas of the Gulf Cooperation Council (GCC) governments. Carbon intensity is emerging as a key competitive differentiator, particularly as the European Union (EU)'s Carbon Border...

17 Sep 2021  |  North America  |  Market Research

US Circular Economy for Lubricants Growth Opportunities

Demand for Sustainable and High-quality Base Oils Drives Future Growth Potential

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Key Issues Addressed

The United States accounts for more than 20% of all lubricants consumed globally. It has one of the highest per capita consumption rates of 7.6 gallons per year. Key factors such as high automobile use or ownership and a huge variety of industries contribute to the demand for lubricants. In 2020, total demand for lubricants in the United States rea...