Global Capacity and Capital Expenditure Outlook 2015 for Refineries Size, Share, Trends, Analysis 2025
The global refining industry, which witnessed a marginal growth rate of 6% since 2010, is expected to rebound and witness a high growth rate of 16% during 2014 to 2019. Asia will dominate the global refining industry, both in terms of capacity growth and capex spending. The region will account for 33.9% and 60.1% of global capacity growth and capex spending by 2019. Europe and North America will also witness substantial growth in their refining capacities accounting for 21.3% and...
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