There is a growing interest in energy transition technologies that can be directly dropped into existing aircraft and ships to provide immediate decarbonisation.
Europe recorded the majority of the contracts, with 564 contracts in Q1 2023.
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A GlobalData webinar report has shown that, over three selected case studies, huge savings can be achieved by retrofitting a pipeline for hydrogen transport.
The main capacity addition will be from the North Huajin Refining and Petrochemical Liaoning Polypropylene Plant, with a capacity of 1mtpa.
Globally, the majority of the upcoming projects are in the construction stage with 508 projects.