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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Thailand insurance industry to reach $36.1 billion by 2026, driven by life and health insurance products, forecasts GlobalData

The Thailand insurance industry is expected to grow at a compound annual growth rate (CAGR) of 4.7% from THB890.4 billion ($27.8 billion) in 2021 to THB1,1129.3 billion ($36.1 billion) in 2026, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company. According to GlobalData, Thailand’s total insurance industry growth […]
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Digital technologies herald paradigm shift in agriculture sector, finds GlobalData

The agriculture sector is adopting modern farming practices with an emphasis on crop health management and sustainability. By leveraging agritech solutions, farming businesses will not only increase their productivity and profits but also meet societal trends toward sustainability. Modern technologies such as artificial intelligence, data analytics, and robotics enable farmers to track real-time problems, use […]
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Africa, Asia will account for 61% of global refinery VDU capacity additions through 2026, forecasts GlobalData

Africa and Asia are set to drive the global refinery vacuum distillation unit (VDU) capacity additions globally during 2022-2026, contributing around 61% of the total capacity additions, forecasts GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Refinery Vacuum Distillation Units (VDU) Capacity and Capital Expenditure Outlook with Details of All Operating and Planned […]
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Development of new liquid biopsy test in Australia to allow earlier esophageal cancer detection, says GlobalData

Australia-based Proteomics International Laboratories has recently secured an exclusive worldwide licence to commercialise a liquid biopsy test to detect esophageal cancer. This is expected to increase the diagnosis rates and allow earlier cancer detection in the country, says GlobalData, a leading data and analytics company. GlobalData forecasts Australia’s oncology market to grow at a compound […]
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Asia to account for 61% of global liquids storage capacity additions through 2026, forecasts GlobalData

Asia will continue to lead the global liquids storage capacity additions, contributing approximately 61% of the total global liquids storage capacity additions between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest liquids storage industry report, ‘Liquids Storage Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies including details […]
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Top 50 APAC firms lose 6% aggregate market value in Q2 2022 due to heightened risk of recession and soaring inflation, finds GlobalData

China dominates the list with 31 companies Keyence, BHP and Infosys lost over 25% market value Pinduoduo and BYD saw their market value soar by over 35% Capital markets were under intense pressure in the second quarter (Q2) of 2022 as foreign institutional investors indulged in heavy selloffs due to increased interest rates by the […]
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China to continue to spreadhead global liquids storage capacity additions through 2026, says GlobalData

China is expected to lead the global liquids storage capacity additions, contributing close to 35% of the total global liquids storage capacity additions between 2022 and 2026, according to GlobalData, a leading data and analytics company. GlobalData’s latest liquids storage industry report, ‘Liquids Storage Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and Companies […]
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China to lead global polyethylene capacity additions by 2026, forecasts GlobalData

China is expected to register the highest polyethylene capacity additions in Asia, contributing around 39% of the region’s capacity additions through 2026, forecasts 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 Announced […]
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Life insurance industry in India to grow at 10.3% CAGR through 2026, driven by growing awareness and positive regulatory landscape, says GlobalData

The life insurance industry in India is set to grow at a compound annual growth rate (CAGR) of 10.3% from INR7.0 trillion ($92.3 billion) in 2021 to INR11.4 trillion ($150.6 billion) in 2026, in terms of gross written premiums, forecasts GlobalData, a leading data, and analytics company. Anjuli Shrivastava, Insurance Analyst at GlobalData, comments: “The […]
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Affordable Indianized menu may get Starbucks new consumers but dilutes global brand proposition, opines GlobalData

Tata Starbucks Private Limited (Starbucks), the Indian joint venture of Starbucks with Tata Consumer Products, is revamping its menu with affordable and localized offerings to broaden its consumer base and create new consumption occasions. However, while these affordable mass-market offerings will help Starbucks in taking on spiraling inflation and competitors, it runs the risk of […]
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Asia to account for 45% of global polyethylene capacity additions through 2026, forecasts GlobalData

Asia is expected to lead the global polyethylene capacity additions between 2021 and 2026 with a share of 45%, according to 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 Announced Projects, 2021-2026’, […]
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