This investment will help put the UK at the forefront of the green technologies of the future, while supporting British industries to lowers costs, remain competitive and protect jobs as they improve their energy efficiency and transition to a green economy. The £166.5 million funding package announced today (Monday 24 May) will develop technologies in carbon capture, greenhouse gas removal and hydrogen, while also helping find solutions to decarbonise the UK’s polluting sectors including manufacturing, steel, energy and waste. The multi-million pound investment, awarded to innovators, businesses, academics and heavy industry right across the UK, will accelerate the delivery of the critical game-changing technologies needed to further drive Britain’s climate change ambitions, while creating over 60,000 jobs across the UK. The green technology required to help the UK meet its world-leading climate targets has been given a £166.5 million cash injection, just 6 months on from the publication of the Prime Minister’s 10 Point Plan for a Green Industrial Revolution.
The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Stainless Steel, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.1%. 26, 2019 /PRNewswire/ - Metal Injection Molding market worldwide is projected to grow by US$1.Ĩ Billion, driven by a compounded growth of 7.5%.