Energy transition initiatives continue to play a significant role in driving large investments in the Chemical Processing Industry.
Historical levels of project spending are planned to produce green and blue hydrogen, ammonia and even methanol to achieve decarbonization goals - over $400 billion in 2025 and 2026. These investments are being driven by corporate decarbonization goals while also capitalizing on the traditional uses of these petrochemical commodities. Demand for chemicals continues to rise even as geopolitical stresses, war conflicts, inflation costs and similar obstacles challenge producers. There are 7.8 billion pounds per year of new ethylene capacity planned to come online globally prior to the end of 2026, promoting billions in new investments for downstream polyolefin commodities.
Industrial Info’s research teams monitor these and other trends influencing future spending and comprehensively report both capital and maintenance spending planned globally.
Producers of olefins, alcohols, ethylene, and ethylene-based chemicals such as ethylene oxide/ethylene glycol, propylene, methanol and related products.
Major companies engaged in the production of acids, compounds (sodium, phosphate, etc) activated carbon, chemical catalyst, peroxides, and similiar chemicals.
Bulk liquid and solid (granular, powder) agricultural products producres including fertilizers, herbicides, pesticides, fungicides, and intermediates such as urea, ammonia, nitric acid, & ammonium nitrate.
Producers of caustic soda, soda ash (not produced at mines), chlorine (compressed or liquefied), and carbonates (potassium and sodium).
Manufactures of pigments and titanium dioxide. Products include ferric oxide pigments, inorganic pigments, iron oxides, and paint pigments.
Manufacturers of hydrogen, nitrogen, oxygen, argon, and other industrial gases.
Manufacturers of man-made non-cellulosic, fibers, such as fluorocarbon fibers, elastomeric fibers, acrylonitrile fibers, nylon fibers, polyester fibers, and similiar commodities.
Producers of a variety of chemicals, including explosives, surfactants, inks, dyes, detergents, glues, lubricants, paints & coatings, solvents, fire retardents, chemical preparations, and the compounding of purchased plastics.
The manufacturing of synthetic resins, plastic materials (polyethylene, polypropylene and similiar commodities), nonvulcanizable elastomers, & synthetic rubber by polymerization or copolymerization.
Manufacturers of surface active agents, emulsifiers, finishing agents, wetting agents and similiar chemicals.
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