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India and China will drive the liquefied natural gas (LNG) regasification capacity additions in Asia between 2022 and 2026, as the two countries step up imports of natural gas to reduce carbon emissions. Click to read more...

According to GlobalData, India and China will drive the LNG regasification capacity additions in Asia between 2022 and 2026, as the two countries step up imports of natural gas to reduce carbon emissions.

China is set to register the highest LNG regasification capacity additions in Asia between 2022 –2026, accounting for a share of roughly 34% of the region’s total capacity additions by 2026.

Summary Global Acrylonitrile-Butadiene-Styrene (ABS) capacity is poised to see moderate growth over the next five years, potentially increasing from 12. 12...

China and India will significantly expand their LNG import infrastructure over the next five years with the pair, led by China, set to record the highest

India is set to register the second highest LNG regasification capacity additions in Asia between 2022 and 2026, accounting for approximately 21% of the region’s total capacity additions by 2026.

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.

GlobalData’s latest report says that as of September 2022, Europe had 151 active underground gas storage sites with 4,257bcf total capacity.

As of September 2022, North America had 464 active underground gas storage sites, with a working gas capacity of 5,805 billion cubic feet.

Summary Global Ammonia capacity is poised to see considerable growth over the upcoming years, potentially increasing from 238. 41 million tonnes per annum...