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Alternative payment methods such as mobile and digital wallets are steadily gaining ground over more traditional payment methods such as cards, bank transfers and cash in the Asia-Pacific (APAC) region, whereas in developed markets like the US and Europe, cards still dominate the e-commerce market, says GlobalData, a leading data and analytics company. An analysis […]
Latest oil sands technologies propel Canada as the world’s fourth largest producer of crude oil in 2018, says GlobalData
Due to rapid technological developments in the exploration and production of oil sands, Canada has emerged as the world’s fourth largest producer of crude oil, behind the US, Russia and Saudi Arabia in 2018. However, chronic midstream infrastructure bottlenecks and low price environment can limit the progress of the oil and gas industry, says GlobalData, […]
Fuller’s can strengthen Japan’s Asahi position as global leader in premium beer segment, says GlobalData
Following the announcement on 25 January 2019 that Asahi Europe Ltd (AEL), a wholly-owned subsidiary of Japan-based Asahi Group Holdings, Ltd. (Asahi), has acquired the entire premium beer and cider business, including the flagship London Pride ale brand, of Fuller, Smith & Turner P.L.C for £250m, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading […]
Epigamia investment can lay path to Danone’s revival in India, says GlobalData
Following the announcement on 16 January 2019 that French food giant Danone’s venture arm Danone Manifesto Ventures, along with other existing investors, has invested $25.6m in India-based Drums Food International, the parent company of premium yogurt maker Epigamia, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view on […]
Pakistan’s crude oil refining capacity will triple to 2023, says GlobalData
Pakistan’s total refining capacity is expected to almost triple, increasing at an average annual growth rate (AAGR) of 20.6% from 434 thousand barrels per day (mbd) in 2018 to 1,214 mbd in 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘Pakistan Crude Oil Refinery Outlook to 2023‘ reveals that the […]
Japan will be third largest contributor to crude oil refining capacity in Asia during 2018–2023, says GlobalData
Japan was the third largest contributor to crude oil refining capacity in Asia with 3,519 thousand barrels per day (mbd) in 2018. The country is expected to retain its position despite a decrease in its share from 10% to 8% of Asia’s crude oil refining capacity in 2023, according to GlobalData, a leading data and […]
China to account for 44% of Asia’s crude oil refining capacity in 2023, says GlobalData
China will drive the majority of growth in the crude oil refining industry in Asia between 2018 and 2023, contributing 44% of Asia’s crude oil refining capacity in 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘China Crude Oil Refinery Outlook to 2023‘ reveals that the total refining capacity of […]
APAC to drive global distribution transformers market over next four years, says GlobalData
Asia-Pacific (APAC) will continue to lead the distribution transformers market of the global power sector with a share of 48% and reach $6.94bn in 2022, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Distribution Transformers Market, Update 2018, reveals that the global market value is likely to reach $14.32bn in 2022, […]
India to contribute 15% of Asia’s crude oil refining capacity in 2023, says GlobalData
India is the next largest contributor of Asia’s crude oil refining capacity, after China. The country is expected to contribute 15% of the Asia’s crude oil refining capacity in 2023, according to GlobalData, a leading data and analytics company. The total refining capacity of India in 2018 was 5,010 thousand barrels per day (mbd), which […]
Oil price volatility driving M&A activity in oil and gas industry in recent years, says GlobalData
Mergers and acquisitions (M&A) played an important role in helping oil and gas companies survive through one of the most tumultuous times over the last five years, as oil price continues to be volatile ever since falling from $100 a barrel in 2014, according to GlobalData, a leading data and analytics company. The company’s report: […]
China and US lead global ethylene capacity additions by 2026, says GlobalData
Global ethylene capacity is expected to experience considerable growth between 2017 and 2026, increasing from 180 million tons per annum (mtpa) in 2017 to more than 270 mtpa in 2026, led by China and the US, according to GlobalData, a leading data and analytics company. The company’s report: ‘Q4 2018 Global Ethylene Capacity and Capital […]
Romania will be the capacity growth engine for gas processing industry in Europe to 2022, says GlobalData
Romania will drive most of the growth in the gas processing industry in Europe between 2018 and 2022, contributing around 94% of Europe’s planned gas processing capacity, according to GlobalData, a leading data and analytics company. The company’s report: ‘Gas Processing Industry Outlook in Europe to 2022 – Capacity and Capital Expenditure Forecasts with Details […]
Russia will drive underground gas storage industry growth in Former Soviet Union, says GlobalData
Russia is expected to be the major contributor to the growth of the underground working gas storage capacity in the Former Soviet Union (FSU) between 2018 and 2022, accounting for around 92% of the total region’s growth, according to GlobalData, a leading data and analytics company. The company’s report: ‘Underground Gas Storage Industry Outlook in […]
Despite drop in share, APAC will lead global solar PV market volume through 2022, says GlobalData
Despite a drop in its share, the Asia-Pacific (APAC) region, with its large population base and strong requirement for electricity generation capacity, will continue to influence the global solar PV module market over the forecast period 2018-2022, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Solar PV Module, Update 2018’, […]
Russia leads with highest capacity additions in gas processing industry in Former Soviet Union to 2022, says GlobalData
Russia will account for 42% of the total capacity additions in the gas processing industry in the Former Soviet Union between 2018 and 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Gas Processing Industry Outlook in Former Soviet Union to 2022 – Capacity and Capital Expenditure Forecasts with Details of […]
APAC will lead global wind gearbox and direct drive equipment markets over next four years, says GlobalData
Asia-Pacific (APAC) is expected to lead the global wind gearbox and direct drive equipment markets with a share of 46% and 53.5%, respectively over the forecast period (2018–2022), says GlobalData, a leading data and analytics company. The company’s latest report, ‘Wind Gearbox and Direct Drive, Update 2018’, reveals that the global trends of wind power […]
Foodservice operators in APAC should use technology to target emerging consumer trends, says GlobalData
The advent of technology has transformed various industries and the foodservice industry is no different. Foodservice operators should use technology to better target emerging consumer trends such as customization, on-the-go experience and health and wellness across emerging countries in the Asia-Pacific (APAC) region to stay ahead of their competitors, says GlobalData, a leading data and […]