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Sector Analysis
NewXylene Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028
Global xylene capacity is poised to see considerable growth, potentially increasing from 93.49 million tonnes per annum (mtpa) in 2023 to 108.94 mtpa in 2028. Most of the xylene capacity additions are primarily expected in Asia and the Middle East.
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Sector Analysis
NewMexico Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies
Mexico is the second largest Oil and Gas producer in Latin America, behind Brazil, but has a lower production than neighboring giants Canada and United States. Historically, the hydrocarbons sector has represented a significant share of the Mexican economy, contributing up to 7% of exports and 2.1% of GDP. This share has been decreasing as the country diversifies its exports portfolio and struggles with competitiveness of its crude petroleum exports.
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Sector Analysis
NewAustralia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies
Australia is the world's leading LNG producer, as of 2023, with a capacity of 88.70 mtpa. Qatar and the United States follow this with 77.40 mtpa and 87.25 mtpa respectively. Oil and gas production in Australia is used for both domestic consumption and export to the international market.
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Sector Analysis
NewSmall-Scale LNG (SSLNG) Liquefaction Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Projects and Forecast to 2028
Global small-scale liquefied natural gas (SSLNG) liquefaction capacity is expected to grow by 26% over the next four years, potentially increasing from 38,210 thousand tonnes per annum (ktpa) in 2024 to 47,960 ktpa in 2028. The growing importance of SSLNG for decarbonization of marine and road transport, and other applications such as off-grid power generation is driving such substantial growth.
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Sector Analysis
NewRefinery Fluid Catalytic Cracking Units (FCCU) Capacity and Capital Expenditure by Region Including All Active and Planned FCCUs to 2028
The global refinery fluid catalytic cracker units (FCCU) capacity decreased from 14,531 thousand barrels per day (mbd) in 2018 to 14,153 mbd in 2023 at an Average Annual Growth Rate (AAGR) of 0.5%. It is expected to increase from 14,153 mbd in 2023 to 16,870 mbd in 2028 at an AAGR of 3.5%. The US, China, India, Russia, and Canada are the major countries that accounted for 66% of the total global FCCU capacity in 2023.
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Sector Analysis
NewMethanol Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028
Methanol Industry Capacity & Capital Expenditure (Capex) Overview The methanol capacity was 170.30 million tonnes per annum (mtpa) in 2023. It is expected to increase at an AAGR of more than 9% from 2023 to 2028. In 2023, China, Iran, the US, Trinidad and Tobago, and Saudi Arabia primarily drove the global methanol capacity market. Methanol Industry Capacity and Capex Outlook, 2023-2028 (mtpa) Buy the Full Report for More Insights into the Methanol Industry Capacity Forecast Download a Free Report...
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Macroeconomic Analysis
NewUnited Arab Emirates (UAE) PESTLE Insights – A Macroeconomic Outlook Report
Mining, manufacturing, and utilities contributed 44.2% to the gross value added (GVA) in 2023, followed by financial intermediation, real estate and business activities (21.4%), and wholesale, retail, and hotels (13.4%). In nominal terms, the three sectors are forecast to grow by 5.3%, 5.6%, and 4.4%, respectively, in 2024. The Emirates of Abu Dhabi, Dubai, and Sharjah were among the best performing regions in the UAE in 2023, according to GlobalData cities database.
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Sector Analysis
NewUrea Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Projects and Forecast to 2030
Urea Industry Capacity & Capital Expenditure (Capex) Overview The urea capacity was 241.92 million tonnes per annum (mtpa) in 2023. The use of urea as fertilizer in the agriculture industry and for industrial applications such as for production of plastics is driving global urea demand. Furthermore, Asia, FSU, and the Middle East will primarily drive the global Urea capacity growth during the outlook period. Urea Industry Capacity and Capex Outlook, 2024-2030 (mtpa) Buy the Full Report for More Insights into...
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Macroeconomic Analysis
NewGermany PESTLE Insights – A Macroeconomic Outlook Report
Financial intermediation, real estate and business activities contributed 25.0% to the gross value added (GVA) in 2023, followed by mining, manufacturing and utilities activities (23.9%), wholesale, retail and hotels activities (12.0%). In nominal terms, the three sectors are expected to grow by 2.8%, 2.4% and 3.2%, respectively in 2024. Four major states comprised 60.4% of the country’s population in 2023 and 62.6% of the German GDP in 2022, according to the Eurostat.
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Sector Analysis
NewAlgeria Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Algeria Defense Market Report Overview In 2024, Algeria's defense budget is worth $21 billion. With oil prices recovering due to controlled supply by OPEC, Algeria, which is an oil-based economy, is likely to show moderate recovery, which in turn will propel its defense expenditure. The 2024 defense budget has recorded the highest increase in defense spending since 2020 which demonstrates Algeria’s willingness to maintain robust defense spending despite economic pressure. The country’s defense budget will grow at a CAGR of...