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India to lead Asia’s liquids storage projects count through 2026, says GlobalData

India is expected to drive the liquids storage projects count in Asia, contributing about 40% of the region’s total liquids storage projects count during 2022 to 2026, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Liquids Storage New-Build and Expansion Projects Analytics and Forecast by Project Type, Regions, Countries and Development […]
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Driven by clean-label and green beauty products, Australian skincare market to surge at 3.5% CAGR through 2026, finds GlobalData

Driven by health, environmental, and ethical concerns, Australian consumers are increasingly shifting their preferences towards ‘clean-label’ and ‘green’ beauty products. Against this backdrop, the Australian skincare market is expected to expand from AUD1.8bn ($1.3bn) in 2021 to AUD2.1bn ($1.6bn) by 2026 at a compound annual growth rate (CAGR) of 3.5% during 2021–2026, says GlobalData, a […]
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China to lead Asia’s refinery CDU capacity additions through 2026, says GlobalData

China is expected to lead Asia’s refinery crude distillation unit (CDU) capacity additions, contributing about 48% of the regions’ total CDU capacity additions between 2022 and 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Refining Industry Market Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All […]
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Asia continues to drive global refinery CDU capacity additions through 2026, says GlobalData

Asia is expected to witness the highest crude distillation unit (CDU) capacity additions globally contributing about 47% of the total CDU capacity additions by 2026, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Refining Industry Market Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]
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Paytm losing its appeal despite ambitious growth plans and past success, observes GlobalData

Following the news that Alibaba and Ant Financial are offloading stakes in the Paytm Mall; Pinky Hiranandani, Principal Analyst in GlobalData’s Thematic Intelligence team, offers her view: “Investor confidence in Paytm will decline as Alibaba and Ant Financial offload their stakes in Paytm Mall, citing economic slowdown and growing competition in the Indian market. Paytm […]
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Amid Russia-Ukraine war, Indian SMEs to gain access to Russian medical device market, observes GlobalData

With the increasing supply chain issues and removal of its banks from the SWIFT International payment system, Russia is looking to collaborate with Indian SMEs to minimize its potential risk of medical device shortage. This is expected to strengthen India’s presence within Russia’s medical device market, says GlobalData, a leading data and analytics company. According […]
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Doping remains the biggest reputational sports issue, governing bodies should be more decisive, says GlobalData

There has been debates since long over doping and match-fixing, two of the biggest threats for the integrity of sports. The British Coventry University’s International Centre for the Business of Sport found that 96% of corruption cases in sport were related to doping, while betting and match-fixing-related corruption accounted for less than 3% of all cases. Hence, […]
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Successful testing of indigenous anti-ship missile highlights Indian Navy’s commitment towards self-reliance in missile technology, observes GlobalData

Following the news that the Indian Navy successfully test-fired an indigenously developed anti-ship missile; Aamir C, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “Indian Navy has conducted the maiden test-firing of its first indigenously developed anti-ship missile. The successful testing of the missile is certainly a step forward towards […]
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Launch of two indigenous warships to augment Indian Navy’s blue water capabilities, observes GlobalData

Following the news that Mazagaon Dock Shipbuilders Limited launched two frontline warships of Indian Navy, a Project 15B destroyer and a Project 17A frigate; Tushar M, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “The induction of the state-of-the-art Project-15B (Vishakhapatnam-class) and Project-17A (Nilgiri-Class) frigate is expected to significantly enhance […]
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Despite fall in number of firms discussing M&A opportunities YoY, earnings call mentions reflect optimism, finds GlobalData

The number of companies across sectors discussing about merger and acquisition (M&A) opportunities were down during Q1 2022 compared to the same period last year. However, earnings call mentions have been on the uptrend since Q2 2020, highlighting a rise in optimism around M&A, reveals the company filing analytics database of GlobalData, a leading data […]
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Asia to lead global small-scale LNG liquefaction capacity additions through 2026, finds GlobalData

Asia is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2022 to 2026, contributing about 27% of the total global small-scale LNG liquefaction capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Small-Scale LNG Liquefaction Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies […]
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