Several years ago when writing about the US market I asked – when you’re way out in front, where is there to go?
It may not be quite the same question facing Europe, but a similar conundrum exists in the region – how to realise the next wave of growth?
The European gases market is not booming like the Middle East or China; but nor is it in crisis either. Growth is often depressed in the region’s mature west, and yet increasingly tempered by an uncertain political landscape in the emerging east.
Facts collated by gasworld Business Intelligence stipulate there are 23 industrial gas plants announced for construction across the whole of Europe – eight in the west and 15 in the east. This itself highlights the growth potential in the east, with nearly double the builds planned in the west. But this is also due to the already established number of plants that serve demand in the west.
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