State of the Energy & Sustainability Industry - Third Quarter Review

The global market for floating offshore wind energy is estimated to grow from $1.7 billion in 2025 to reach $18 billion by the end of 2030, at a compound annual growth rate (CAGR) of 60.1% from 2025 to 2030.

The global market for ship recycling is estimated to grow from $9.1 billion in 2025 to reach $13 billion by the end of 2030, at a CAGR of 7.4% from 2025 to 2030.

The global market for membrane bioreactors is estimated to grow from $4.4 billion in 2025 to reach $9.4 billion by the end of 2030, at a CAGR of 16.1% from 2025 to 2030.

The energy industry is in a strategy reset, shaped by decarbonization, supply security and cost discipline. In oil and gas, supermajors and NOCs are balancing advantaged barrels (LNG, deepwater, petrochemicals) with low-carbon options (CCUS, hydrogen, advanced biofuels) while keeping shareholder returns front and center. Power markets are scaling renewables and storage, but the chokepoint is the grid - interconnection queues, permitting and flexibility. Water stress is now a core business risk: utilities and industry are investing in reuse, desalination and advanced membranes to cut energy per m³ and meet PFAS and micro-contaminant rules. Fuel cells and hydrogen are concentrating on heavy-duty, backup power and industrial heat rather than passenger cars. Food and manufacturing are chasing energy productivity, electrifying process heat where possible, tightening steam systems, upgrading motors and drives and monetizing waste heat and biogas. Strategically, big companies are sharpening portfolios and partnerships - ExxonMobil, Shell, BP and TotalEnergies on the hydrocarbonlow- carbon barbell; Siemens Energy, GE Vernova and Hitachi Energy on grid and flexible generation; Veolia, Xylem, Ecolab, DuPont/Toray on water and membranes; Toyota, Hyundai, Cummins (Accelera), Plug Power and Ballard on fuel cells; and global food majors (Nestlé, PepsiCo, AB InBev) linking Scope 1-3 cuts to supplier programs.

AI is moving from pilots to productivity. In upstream and LNG, it improves subsurface imaging, production optimization and methane detection; in power, it forecasts load/renewables, orchestrates DERs and reduces outages; in water, it enables smart dosing, fouling prediction and energy-optimal RO; in manufacturing and food, it drives predictive maintenance, yield control and utility optimization; and in materials, it accelerates membrane and catalyst discovery. Macro headwinds - tariffs, local-content rules and volatile gas and power prices - are fragmenting supply chains and raising the value of regional capacity and long-term offtakes. The near-term playbook is pragmatic: prioritize projects with fast cash payback (efficiency, grid upgrades, water reuse), build optionality in hydrogen and CCUS with staged investments, pair AI with high-quality operational data and hard-wire sustainability into procurement. The opportunity set is largest where decarbonization, reliability and cost intersect - electrified industrial heat, flexible generation and storage, high-recovery water systems and circular resource use across food and manufacturing.

Quarterly Research Review Scope

The report provides insights into the energy vertical, which covers power and fuels, environment, water and membrane technologies, hydrogen and fuel cells, and industrial energy management, with connections to adjacent sectors such as food and manufacturing. Coverage spans conventional and low-carbon generation, renewables and storage, grid modernization and distributed energy, CCUS and hydrogen, water reuse and desalination, air and wastewater treatment and process-efficiency solutions. The broad scope delivers a high-level summary to spark reader interest and provides insights on market dynamics, emerging opportunities, regulatory and incentive frameworks, sustainability trends and digital/AI adoption - supported by secondary research presented as graphs/charts/infographics (e.g., market size, growth rate, capacity additions, deployment counts, LCOE/cost curves, shipments and investment/funding) and their impact on the market outlook. For a deeper analysis across these areas, offerings are designed to meet the varied needs of readers, including syndicated market research reports, custom studies, data reports and dashboards, trackers (for policy, projects and technology) and analyst briefings.