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Oil & Gas

North America set to lead global renewable refinery capacity additions through 2026, forecasts GlobalData

Renewable refinery fuels/drop-in fuels are gaining importance globally as they are relatively environmentally friendly when compared to crude oil-based refined fuels. As a result, renewable refinery capacity additions are gaining momentum with North America set to witness the highest capacity additions among all the regions, forecasts GlobalData, a leading data, and analytics company. GlobalData report, […]
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China to dominate acrylonitrile capacity additions in Asia through 2026, forecasts GlobalData

China is set to register the highest acrylonitrile capacity additions in Asia contributing about 90% of the region’s capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Acrylonitrile 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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Carbon capture and storage will be instrumental in reducing global carbon emissions, says GlobalData

Carbon capture and storage (CCS) is an emission mitigation technology that will play a critical role in limiting global warming and will be instrumental in decarbonizing hard-to-replace industries, such as gas-fired power plants, says GlobalData. However, the leading data and analytics company notes that despite CCS supplementing renewable energy, hydrogen, and nuclear power in curbing global carbon […]
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India to lead butadiene capacity additions in Asia through 2026, forecasts GlobalData

India is set to register the highest butadiene capacity additions in Asia contributing about 44% of the region’s capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Butadiene 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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India to dominate ethylene glycol capacity additions in Asia through 2026, forecasts GlobalData

India is set to register the highest ethylene glycol (EG) capacity additions in Asia, contributing about 38% of the region’s capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Ethylene Glycol (EG) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active […]
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China to dominate polyethylene terephthalate capacity additions in Asia through 2026, forecasts GlobalData

China is set to register the highest polyethylene terephthalate (PET) capacity additions in Asia between 2022 and 2026, contributing about 51% of the region’s capacity additions by 2026, as growing packaging, electricals, and electronics sectors will create an increased demand for PET in the country, says GlobalData, a leading data and analytics company. GlobalData’s latest […]
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Asia to dominate global polyethylene terephthalate capacity additions through 2026, forecasts GlobalData

Asia is set to lead the global polyethylene terephthalate (PET) industry capacity additions with a share of 58% by 2026 from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report “Polyethylene Terephthalate (PET) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries […]
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China to dominate acrylonitrile butadiene styrene capacity additions in Asia through 2026, forecasts GlobalData

China is set to register the highest acrylonitrile butadiene styrene (ABS) capacity additions in Asia between 2022-2026, due to the growing demand for the low-cost thermoplastic polymer from the country’s automobile manufacturing sector, which is the world’s largest. The country will account for about 93% of the region’s ABS capacity additions by 2026, estimates GlobalData, […]
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Asia to lead global acrylonitrile butadiene styrene capacity additions through 2026, forecasts GlobalData

Asia is set to lead the global acrylonitrile butadiene styrene (ABS) industry capacity additions with a share of 89% by 2026, by gaining capacities from new-build and expansion projects between 2022 and 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report “Acrylonitrile Butadiene Styrene  Industry Installed Capacity and CapEx Forecast by Region […]
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Germany to continue to secure gas supplies by leading LNG regasification capacity additions in Europe through 2026, says GlobalData

Germany’s reliance on Russian gas and the need to find alternate supplies given the current geopolitical situation between the two countries has set Germany on a course to the highest liquefied natural gas (LNG) consumption in Europe. The country, which previously relied on pipelines from Russia to meet its natural gas needs, is now looking […]
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China to lead LNG regasification capacity additions in Asia through 2026, says GlobalData

China is set to register the highest liquefied natural gas (LNG) regasification capacity additions in Asia between 2022 and 2026, accounting for a share of about 34% of the region’s total capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s report, “LNG Industry (Liquefaction and Regasification) Capacity and Capital Expenditure (CapEx) […]
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