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India is set to lead the styrene-butadiene rubber (SBR) capacity additions in Asia, contributing to about 98% of the region’s capacity additions in 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Styrene-Butadiene-Rubber (SBR) Industry Installed Capacity and Capital Expenditure (CapEx) Market Forecast by Region and Countries including details of All Active […]
Asia to dominate global styrene-butadiene rubber capacity additions through 2026, forecasts GlobalData
Asia is set to lead the global styrene-butadiene rubber (SBR) industry capacity additions with a share of 98%, driven by the addition of capacities from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report “Styrene-Butadiene-Rubber (SBR) Industry Installed Capacity and Capital Expenditure (CapEx) Market Forecast […]
Asia to dominate the global Vinyl Chloride Monomer (VCM) capacity additions by 2026, says GlobalData
Asia is expected to lead the global VCM industry capacity additions from new-build and expansion projects by 2026 with a share of 66% between 2022 and 2026, forecasts GlobalData. The leading data and analytics company’s latest report, ‘Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details […]
Oil and gas industry to drive global drone market to $89.6 billion in 2030, forecasts GlobalData
The global drone market is set to grow from $13.7 billion in 2021 to $89.6 billion in 2030. The market share of commercial drones is expected to increase from 34% to 64% during the period, aided by significant adoption in the oil and gas industry, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest […]
Asia to dominate global vinyl chloride monomer capacity additions in 2026, forecasts GlobalData
Asia will lead the global vinyl chloride monomer (VCM) industry capacity additions accounting for a share of 66% in 2026, by gaining capacity from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast […]
UK to account for 29% of Europe working gas capacity additions through 2026, forecasts GlobalData
The UK is expected to lead the Europe’s planned and announced working gas capacity additions in underground gas storage sites, contributing approximately 29% of the total Europe capacity additions by 2026, according to GlobalData, a leading data, and analytics company. GlobalData’s report, “Underground Gas Storage Capacity and Capital Expenditure (CapEx) Forecast by Region, Countries and […]
China to lead purified terephthalic acid capacity additions in Asia in 2026, forecasts GlobalData
China will lead the purified terephthalic acid (PTA) capacity additions in Asia, accounting for about 69% of the region’s capacity additions in 2026, estimates GlobalData, a leading data and analytics company. GlobalData’s latest report, “Purified Terephthalic Acid (PTA) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]
Asia to dominate global purified terephthalic acid (PTA) capacity additions through 2026, forecasts GlobalData
Asia will lead the global purified terephthalic acid (PTA) industry capacity additions between 2022 and 2026 with a share of 77%, driven by new-build and expansion projects, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Purified Terephthalic Acid (PTA) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including […]
The US to lead North America’s gas processing capacity additions by 2026, says GlobalData
The US is expected to account for the largest gas processing capacity addition projects by 2026, according to GlobalData. The leading data and analytics company notes that the US will account for 69% of the North America’s gas processing additions through new projects. GlobalData’s latest report, ‘Europe, North America and Former Soviet Union (FSU) Gas […]
Power companies on track for energy transition but must not neglect full ESG responsibilities, says GlobalData
Power companies will face increasing pressure to respond to both social and governance issues while navigating their way through the energy transition process in the following decade, according to GlobalData, a leading data and analytics company. A focus on ‘E’ in ‘ESG’: 40% global power to come from renewables by 2030 GlobalData’s latest report, ‘ESG […]
Asia to lead global ammonia capacity additions through 2030, says GlobalData
Asia is expected to lead the global ammonia industry capacity growth from new-build and expansion projects by 2030 with a share of 20%, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Ammonia Market Capacity and Capital Expenditure (CapEx) Market Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2022-2030’, […]
Asia to lead global propylene capacity additions by 2026, forecasts GlobalData
Asia is likely to lead the global propylene capacity additions with a capacity of 35.18 million tons per annum (mtpa) by 2026, with China dominating the region’s propylene capacity additions accounting for a share of 65%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Propylene Industry Installed Capacity and Capital Expenditure (CapEx) […]
Asia to dominate global styrene capacity additions through 2026, says GlobalData
Asia is likely to dominate the global styrene capacity additions with a capacity of 8.16 million tons per annum (mtpa) by 2026, says GlobalData. According to the leading data and analytics company, China accounts for 69% of the region’s capacity additions and is expected to lead styrene capacity additions among Asian countries. GlobalData’s report, ‘Styrene […]
China to account for more than quarter of caustic soda capacity additions in Asia by 2026, forecasts GlobalData
China will register the highest caustic soda capacity additions in Asia, contributing about 41% of the region’s capacity additions by 2026, estimates GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced […]
Middle East dominates the global expandable polystyrene capacity additions by 2026, says GlobalData
With a share of 85% between 2022 and 2026, the Middle East is expected to lead the global expandable polystyrene industry capacity additions from new-build and expansion projects by 2026, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Expandable Polystyrene (EPS) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region […]
Arctic LNG 2 delays are denting TotalEnergies’ plans for a greener future, says GlobalData
Overcoming climate change is an essential part of TotalEnergies’ long-term growth strategy. The company has stated that its investment policy is designed and strategized to transform Total into a multi-disciplined energy company, which will help it achieve its net-zero target by 2050. A report by leading data and analytics company GlobalData, titled ‘Company Oil and […]
Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026, says GlobalData
Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, says GlobalData, a leading data, and analytics company. GlobalData’s report, ’Refinery Fluid Catalytic Cracking Units (FCCU) Capacity and Capital Expenditure (CapEx) Forecast by Region […]
Number of global oil and gas contracts declined in Q2 2022, says GlobalData
The overall number of contracts in the oil and gas industry fell by 16% in the second quarter of 2022, according to GlobalData. However, the leading data and analytics company notes that contract value stayed level. GlobalData’s latest report, ‘Oil and Gas Industry Contracts Analytics by Sector (Upstream, Midstream and Downstream), Region, Planned and Awarded […]
Asia to spearhead global refinery hydrotreater capacity additions between 2022 and 2026, says GlobalData
Asia is expected to register the highest refinery hydrotreater capacity additions globally between 2022 and 2026, accounting for approximately 39% of the total capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ’Refinery Hydrotreater Units Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Units, 2022-2026’, […]
Denmark leads global upcoming hydrogen pipeline length additions by 2026, says GlobalData
For planned and announced hydrogen pipeline projects between 2022 and 2026, Denmark is expected to lead in terms of global length additions, contributing around 35% of the total global hydrogen pipeline additions in this period, finds GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hydrogen Pipelines Length and Capital Expenditure (CapEx) Forecast by Region, Countries […]