Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,600 projects around the world. These projects equate to nearly $1.9 T in capital spending worldwide. At 36%, the Asia-Pacific region represents the largest market share in hydrocarbon processing projects. Asia is followed by the U.S. (17%) and the Middle East (14%). These three regions represent 65% of total active project market share, as well as account for nearly 70% of total capital expenditures globally. HP
Total active downstream projects by region and sector
New project announcements, February 2019–April 2020
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