Refineries Capacity and Capital Expenditure Outlook, 2022-2026
Summary
Global crude distillation unit (CDU) capacity is expected to witness a growth of 11% over the next four years, increasing from 105.6 million barrels per day (mmbd) in 2022 to 117.2 mmbd by 2026. Asia’s CDU capacity is expected to reach 42.2 mmbd in 2026, the highest among all regions globally. North America and Europe follow with 24.4 mmbd and 13.3 mmbd, respectively.
Scope
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