Worldwide Refining Industry Examined in Topical GlobalData Report Published at MarketPublishers.com
29 May 2015 • by Natalie Aster
LONDON – The worldwide refining sector is projected to rebound and grow at 16% through to 2019. Asia is expected to dominate the industry in terms of capital expenditure and capacity growth alike. The region is set to account for just under 34% and over 60% of the worldwide capacity growth and capital spending by end-2019. Europe and North America regions are also forecast to witness significant growth in their refining capacities capturing respective shares of 21.3% and just over 21% of the total refining capacity growth by 2019. On the other way around, Africa is likely to witness the highest refining capacity growth tempo of just over 14% amongst all the globe’s regions by 2019.
Kuwait National Petroleum Company, China Petroleum & Chemical Corporation, Petrochina Company Limited, South Refineries Company, and Dangote Group are amid the prominent players in the industry.
Topical research report “Global Capacity and Capital Expenditure Outlook for Refineries - New-Build Refinery Pipeline Risks Over-Capacity and Puts Pressure on Refiners” created by GlobalData provides an all-round outlook for the capacity and capital expenditures of the refineries worldwide. It includes detailed information on refineries across the globe; gives an in-depth overview of key growth segments and major opportunities in the industry. The research publication contains unbiased data on global refining capacity, historical for 2010-2014 plus forecasts to 2019; provides annual breakdown of capital spending on refineries during 2015-2019; casts lights on planned additions to refining capacity and capex by top countries and leading operators; looks at capital spending on novel refineries by operator and region. Exhaustive details of all planned refineries from pole to pole are available up to 2019.
Global Capacity and Capital Expenditure Outlook for Refineries - New-Build Refinery Pipeline Risks Over-Capacity and Puts Pressure on Refiners
Published: March, 2015
Price: US$ 1,500.00
More reports by the publisher can be found at GlobalData page.