HPI Market Data Book 2026: Global construction – Overview

Latest edition of our Gulf Energy Information's Market Data Book highlights robust growth in gas processing/LNG sector, followed by petrochemicals and refining

The UN forecasts that the global population will reach 8.6b in 2030, 9.8b in 2050 and more than 11.2b by 2100. Much of this population growth will be in Sub-Saharan Africa and other non-OECD nations, many that lack the proper energy production capacity to satisfy increasing demand. Compounding this dilemma are several factors affecting global energy production and supplies, such as increasing urbanisation, political uncertainty, supply chain issues, lack of generation capacity and costs, among others.   Numerous forms of energy will be required to satisfy the world’s increasing energy demand. But despite the stark rise in renewable power generation—more than 1,000GW of renewable capacity has