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Asia will lead the global purified terephthalic acid (PTA) industry capacity additions between 2022 and 2026 with a share of 77%, driven by new-build and expansion projects, forecasts GlobalData.
According to GlobalData, as of September 2022, Russia leads gas processing capacity with 63,313MMcfd in the FSU.
As of September 2022, Europe had 95 active gas processing plants with a total gas processing capacity of 51,972mmcfd.
As of September 2022, North America had 1,770 active gas processing plants with a total gas processing capacity of 227,012mmcfd.
The Middle East is expected to have the second-highest ammonia capacity additions globally, behind Asia, contributing about 9.28 mtpa of the total global new-build and expansion ammonia capacity additions by 2030.