The petrochemicals segment contracts in Asia-Pacific registered an increase of 200% with nine contracts in March 2022, when compared with the previous month’s total of three contracts, according to GlobalData’s oil and gas contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

A total of nine contracts were registered in the petrochemicals segment of Asia-Pacific during the month, when compared with the last 12-month moving average of 11 contracts.



Contract award activity in Asia-Pacific’s petrochemicals segment during March 2022

In March 2022, China led the activity with eight contracts and an 89% share of the petrochemicals oil and gas contracts in Asia-Pacific. It saw an increase of 300% over the previous month’s total of two contracts and an increase of 167% when compared with the last 12 month-average of three contracts in China.

In second place was Australia with one contract and an 11% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Based on 12-month moving average of the contracts in the petrochemicals segment of Asia-Pacific, China took the top spot with three contracts, followed by India and Australia with two and one contract, respectively.

Contracts by scope of work in Asia-Pacific’s petrochemicals segment during March 2022

During the month, the majority of petrochemicals segment contracts awarded in the Asia-Pacific were in the procurement with eight contracts, followed by design & engineering and construction with three and one contract, respectively.

Methodology

All publicly announced contracts are included in this analysis, which is drawn from GlobalData’s oil and gas contracts database that provides insights into awarded and expired contracts globally.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s oil and gas database.