Market Brief
Southeast Asia's Chemical Industry Expects 48% More Maintenance in 2020, an Industrial Info Market Brief
Industrial Info sees a substantial increase in Southeast Asia's Chemical Industry maintenance projects by 2020, with 349 projects worth about $422 million scheduled to begin construction next year--a 48% increase when compared with maintenance scheduled in 2019.
Released Thursday, June 27, 2019
Industrial Info sees a substantial increase in Southeast Asia's Chemical Industry maintenance projects by 2020, with 349 projects worth about $422 million scheduled to begin construction next year--a 48% increase when compared with maintenance scheduled in 2019.
These numbers are attributed to two trends in Southeast Asia's Chemical Processing Industry: more opportunities for contractors and material suppliers in maintenance projects, and stronger regulations regarding environmental standards.
Click here for a list, and see graph below detailing projected spending by country.
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