Asia is expected to lead the global ethylene industry capacity growth from new-build and expansion projects by 2030 with a share of 61%, according to GlobalData, a leading data and analytics company. GlobalData’s report ‘Ethylene Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2021-2030’ .
India is expected to lead the liquids storage capacity growth in Asia, contributing about 23% of the total capacity growth between 2022-26. The country is likely to add 23.9 million cubic meters (mmcm) of liquids storage capacity by 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Liquids Storage Industry Outlook to .
According to GlobalData, China is expected to dominate the liquids storage capacity growth in Asia, contributing about 53% of the total capacity growth from 2022 – 2026.
Asia is set to spearhead the global liquids storage capacity additions, contributing about 61% of the total global capacity additions during 2022 to 2026. The region is likely to add 103.6 million cubic meters (mmcm) of liquids storage capacity by 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Liquids Storage Industry Capacity .
GlobalData has forecasted that Asia is set to spearhead global liquids storage capacity additions, contributing approximately 61% of the total global capacity additions from 2022 to 2026.