January 2021

Trends and Resources

Global Project Data

Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world.

Nichols, Lee, Hydrocarbon Processing Staff

Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly 1,400 projects around the world. The Asia-Pacific region accounts for 37% of active projects market share, followed by the U.S. (17%) and the Middle East (14%). The Asia-Pacific region was also the leader in new project announcements in 2020, accounting for more than 40% of market share. However, new project announcements were down in 2020 vs. 2019. In total, new project announcements declined from 358 in 2019 to 238 in 2020, representing a decrease of approximately 34% year-over-year. HP Total active projects by region and sector New pr

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