In the July 11 webinar regarding spending in the global Pharmaceutical-Biotech Industry, Annette Kreuger, Industrial Info's vice president of Pharma-Bio Industry research, and Shaheen Chohan, vice president of Global Analytics, discussed how spending in this dynamic industry is shaping up around the world. The latest reports claim expenses for drugs will amount to $1.5 trillion in 2021. The global population is increasing and aging, and as people age, they need more drugs. In addition, the growing middle class in developing countries is giving more and more people access to medications, making the Pharma-Bio sector a competitive, rapidly changing industry. Industrial Info is tracking more than 950 Pharmaceutical-Biotech projects across the world that are currently under construction and valued at a combined $59 billion.
With demand on the rise for bitumen, ethylene and polyethylene, production facilities in the North American Oil & Gas and Chemical Processing industries are taking steps to improve efficiency and boost production. Industrial Info is tracking $1.3 billion in active debottlenecking projects in the U.S. and Canada, almost all of which are attributed to oil sands projects and petrochemical, plastic and rubber products.
NGL-Related Projects to Spur More than $1.4 Billion in Midwest, Great Lakes Regional Spending This Year
Researched by Industrial Info Resources (Sugar Land, Texas)--Rising demand for natural gas liquids (NGL) is evident in the U.S. Midwest and Great Lakes regions, which are adjacent to the booming Marcellus and Utica shale plays. Industrial Info is tracking $1.42 billion in regional NGL-related projects that are set to begin construction in the second half of 2018, including storage facilities and pipeline conversions.
All That Glitters: Industrial Info Tracks Multitude of Gold Mine Projects Nearing Completion in North America
Researched by Industrial Info Resources (Sugar Land, Texas)--The start of commercial production at a gold mine expansion in Nevada marks its completion, but it isn't alone this year. In all, Industrial Info is tracking more than $690 million in gold mine-related projects that will have reached completion this year in North America.
Industrial Info Resources is pleased to present our upcoming market outlook schedule focusing on our core industries. Click below to learn more about upcoming events where Industrial Info will be hosting.