Part 1 of this series provided an overview on the present state of the petrochemical industry, a breakdown on construction project numbers by region, as well as major trends in Africa, the Middle East and the US. Part 2 examines the landscape in Asia-Pacific, Canada, Europe and Latin America.
The global petrochemical sector will continue to see strong capacity growth through the end of the decade. However, the global petrochemical landscape varies significantly between regions. Part 1 of this series provided an overview on the present state of the petrochemical industry, a breakdown of new and active petrochemical project numbers, as well as major trends in Africa, the Middle East and the US. In Part 2 of this series, major petrochemical trends and projects in Asia-Pacific, Canada, Europe and Latin America are discussed. Photo courtesy of LyondellBasell.
Through 2016, the global petrochemical outlook varies significantly between regions. Part 1
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