Core Insights - The global polypropylene chopped strands market is projected to grow from $1.20 billion in 2024 to $2.15 billion by 2034, with a CAGR of 5.75% driven by demand in electric vehicles and renewable energy storage solutions [2][17]. Market Overview - The Polypropylene Chopped Strands (PPCS) market is expanding due to their use as reinforcement materials in automotive, construction, and textiles, enhancing strength and durability [3][4]. - The Asia-Pacific region is expected to dominate the market, supported by strong manufacturing in China, Japan, and South Korea, alongside high demand for electric vehicles and energy storage [5]. Market Trends - There is an increasing demand for lightweight materials in the automotive sector to improve fuel efficiency and reduce emissions, with stricter environmental regulations pushing manufacturers towards PPCS [6]. - The growth in construction and infrastructure development is a significant driver for PPCS, as urbanization increases the need for durable materials [7][8]. Market Challenges - Fluctuating raw material prices, particularly for polypropylene derived from petroleum, pose challenges for the PPCS market, affecting production costs and profitability [9]. Key Players - Major companies in the polypropylene chopped strands market include Owens Corning, China Jushi CO. Ltd., and Saint Gobain S.A., employing strategies such as business expansions and partnerships [10][11]. Market Segmentation - Dry-Use Chopped Strands (DUCS) are expected to lead the product type segment due to their compatibility with thermoplastics, while transportation is anticipated to be the leading application segment [12][13].

Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "Aqueous Organic Redox Flow Battery Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to ResearchAndMarkets.com's offering.The Aqueous Organic Redox Flow Battery Market was valued at USD 1.4 Billion in 2024 and is expected to reach USD 2.8 Billion by 2030, rising at a CAGR of 12.1%. This growth is driven by the increasing deployment of renewable energy sources such as solar and wind, which require reliable, scal ...

Core Insights - The Battery Cyclers Market is projected to grow from USD 1.2 Billion in 2024 to USD 1.9 Billion by 2030, with a CAGR of 8.10% [1][14]. Market Drivers - The increasing adoption of electric vehicles (EVs) and renewable energy storage systems is driving demand for efficient battery testing solutions, as battery cyclers are essential for simulating real-world charge-discharge scenarios [2][6]. - The establishment of battery manufacturing facilities, especially in the Asia-Pacific region, is amplifying the demand for high-capacity and multi-channel cyclers [3]. - Advancements in battery chemistries, such as solid-state and lithium-sulfur, necessitate sophisticated testing systems, further boosting market demand [3][7]. Market Challenges - The high capital investment required for advanced battery cyclers and testing infrastructure poses a significant challenge, particularly for smaller companies and research institutions [9][10]. - Additional costs related to supporting infrastructure and maintenance increase the total cost of ownership, which can hinder innovation in emerging economies [10]. Market Trends - The integration of advanced technologies like AI, IoT, and data analytics is enhancing battery testing outcomes, enabling predictive maintenance and remote monitoring [11][12]. - Cloud-based platforms are facilitating centralized access to performance data, promoting collaboration across R&D teams and transforming battery cyclers into intelligent, networked platforms [12]. Key Market Players - Notable companies in the battery cyclers market include Kikusui Electronics, EnerSys, Arbin Instruments, MTI Instruments, National Instruments, BIT BUDDY, Neware Technology, and Zhengzhou Dazhong Machinery [16].

SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- Vast Renewables Limited (Vast) (Nasdaq: VSTE), a leading Australian clean energy technology company, today announced that it has notified The Nasdaq Stock Market LLC (Nasdaq) of its intention to voluntarily delist its ordinary shares and public warrants from Nasdaq. Delisting from Nasdaq marks the first step in Vast’s broader strategy to cease its public reporting obligations in the U.S. The decision to delist and deregister is a strategic step by Vast to simplify it ...

Core Viewpoint - Richardson Electronics, Ltd. has expanded its customer base through a supply agreement with TransAlta Corporation for its patented pitch energy modules designed for GE wind turbines and SSB platforms, enhancing the efficiency and reliability of wind energy operations [1][2]. Group 1: Agreement and Product Details - The supply agreement will see Richardson Electronics provide its ULTRA3000® and ULTRAPEM™ modules to various wind farms in Canada and the United States, with shipments expected throughout 2025 [2]. - The pitch energy modules are ultracapacitor-based and are intended to replace lead acid batteries in wind turbine platforms that utilize electric pitch systems, thereby improving energy management for blade angle adjustments [3]. Group 2: Customer Feedback and Impact - TransAlta Corporation highlighted the significant operational improvements achieved through the use of Richardson's ultracapacitor technology, noting that pitch faults due to weak batteries were a leading cause of downtime and lost production [4]. - The successful trial of the Ultra-caps over a year led to positive feedback, with expectations that the technology will reduce maintenance needs and increase revenue by minimizing production losses [4]. Group 3: Company Overview - Richardson Electronics is a global manufacturer specializing in engineered solutions, green energy products, and power management applications, with over 50% of its products manufactured in the U.S. and Germany [6][9]. - The company serves a diverse range of markets, including alternative energy, healthcare, and military, and focuses on providing specialized technical expertise and engineered solutions [7][9].

Core Viewpoint - Richardson Electronics, Ltd. has expanded its customer base through a supply agreement with TransAlta Corporation to provide patented pitch energy modules for wind turbines, enhancing operational efficiency and reducing downtime [1][2][4]. Group 1: Agreement and Product Details - The agreement entails Richardson Electronics supplying its ULTRA3000 and ULTRAPEM™ modules to various wind farms in Canada and the United States, with shipments expected throughout 2025 [2]. - The pitch energy modules are ultracapacitor-based and are designed to replace lead acid batteries in wind turbine platforms, managing energy for blade angle adjustments [3]. Group 2: Customer Feedback and Impact - TransAlta Corporation highlighted that pitch faults due to weak batteries are a leading cause of downtime, and the switch to Richardson's ultracapacitors has been an excellent upgrade, reducing the need for hub entries and increasing revenue potential [4]. - The positive feedback from TransAlta reflects the effectiveness of Richardson's innovative solutions in enhancing operational efficiency and reducing maintenance challenges [4]. Group 3: Company Overview - Richardson Electronics is a global manufacturer of engineered solutions, with over 50% of its products manufactured in the U.S. and Germany, serving various markets including alternative energy and healthcare [6][9]. - The company focuses on providing specialized technical expertise and engineered solutions, emphasizing design-in support, systems integration, and aftermarket services [7][10].