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China to dominate polyethylene capacity additions in Asia through 2027, forecasts GlobalData

China is set to register the highest polyethylene capacity additions in Asia, contributing about 41% of the region’s capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Polyethylene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Anunced […]
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Potential association between ROBO2 and anthracycline-related cardiomyopathy in childhood cancer survivors holds important implications, says GlobalData

A genome-wide association study (GWAS) published in the Journal of Clinical Oncology has identified a potential association between a genetic variant, ROBO2, and anthracycline-related cardiomyopathy in childhood cancer survivors. The study has important implications as anthracyclines are a widely used chemotherapy drug class to treat various forms of cancer, with 50-60% of children with cancer […]
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Asia to account for over half of global refinery CDU capacity additions by 2027, says GlobalData

Asia is set to witness the highest crude distillation unit (CDU) capacity additions globally, contributing about 52% of the total global CDU capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s report, “Refineries Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details of New Build and Expansion […]
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Approved CD19 CAR-T agents to treat over 13,000 cancer patients annually by 2031, driving sales of Breyanzi and Yescarta, says GlobalData

The number of blood cancer patients receiving CD19-directed chimeric antigen receptor T-cell (CD19 CAR-T) therapies is set to boom over the next decade from approximately 3,700 patients in 2021 to nearly 13,500 patients in 2031. As such, Bristol-Myers Squibb’s Breyanzi and Gilead’s Yescarta are set to enjoy a lucrative period of high annual sales over […]
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EU Parliament’s proposed deforestation law sparks interest in lab-grown alternatives to palm oil, says GlobalData

The EU Parliament’s proposed deforestation legislation mandates the prevention of the sale of products linked to forest destruction inside the EU bloc. This move is expected to significantly impact imports of several commodities, including palm oil. Moreover, the EU’s renewable energy directive which requires palm oil-based fuels to be phased out by 2030 will further […]
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Hydrogen market growth to surge in 2023 despite slowing global economy, says GlobalData

Hydrogen development, given its application across various industries, is indispensable to attain energy transition, meet decarbonization goals, and position leading companies as market experts. In 2022, green hydrogen production capacity reached over 109 kilo tons per annum (ktpa) worldwide, representing 44% growth compared to 2021, says GlobalData, a leading data and analytics company. GlobalData’s recent […]
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H2 2022 sees 10 billion drop in total forecast sales of COVID-19 vaccines between 2021 and 2028, says GlobalData

Despite the continued success of prophylactic vaccines such as Pfizer/BioNTech’s messenger RNA (mRNA) vaccine Comirnaty and spikes in COVID-19 case numbers over the winter, prophylactic COVID-19 vaccine sales forecasts have seen an average decline between H1 2022 and H2 2022 of 7% in their predicted total forecast sales between 2022 and 2028, says GlobalData, a […]
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Australia to spearhead ‘paperization’ of confectionery packaging in Asia-Pacific, says GlobalData

Leading multinational confectionery makers, Nestlé and Mars Wrigley Australia are set to test-launch their iconic chocolates and candy brands in paper packaging in Australia in 2023. The move, if successful, will trigger the ‘paperization’ of confectionery packaging in Australia, and potentially the Asia-Pacific (APAC) region. With this, paper & board packaging can challenge the dominance […]
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