The average price target is a touch higher than Rosner’s and at $26.67 implies gains of 92.5%. IEA, The Future of Hydrogen, Global demand for pure hydrogen, 1975-2018 , June 2019 Is Exxon Stock A Buy While Dividend Holds Steady Amid Steep Cuts? Global Ammonia Market Statistics 2020, New Challenges, Demand and Supply, and Impacts on market shares due to COVID-19. (Bloomberg) -- Alibaba Group Holding’s U.S.-listed shares tumbled the most ever on concern over China’s inquiry into alleged monopolistic practices at the e-commerce company.Affiliate Ant Group Co., the other pillar of billionaire Jack Ma’s internet empire, was also summoned to a high-level meeting over financial regulations. Ant said in a statement on its official WeChat account it will study and comply with all requirements.Ma, the flamboyant co-founder of Alibaba and Ant, has all but vanished from public view since Ant’s initial public offering got derailed last month. The Ark Genomic Revolution is up 215% in 2020.See more from Benzinga * Click here for options trades from Benzinga * How The Santa Claus Rally Could Predict January And 2021 Returns * XL Fleet Spikes On CEO's CNBC Plug, Citron's Long Call(C) 2020 Benzinga.com. The drug is the first, and currently only, Oral Gonadotropin-Releasing Hormone (GnRH) Receptor Antagonist for the disease. Ltd. June 01, 2020, 07:48 GMT NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. By Region7.3. Growing demand for agricultural products has made China a major consumer of ammonia. Group DF15.9. By Application8.3.1.2.3. Experts in the field predict there to be an increase in demand of about 234 MMT by the end of 2022. Saturday, December 12 2020 Breaking News. Research Methodology3. Dow Jones futures: As the stock market rally pauses near highs, Apple stands out, while Microsoft shapes up. for more information. Beijing is targeting the e-commerce giant and its co-founder. Take a deep breath, get ready, the New Year is just around the corner, and while we’re all ready to celebrate – just on principle, because getting out of 2020 is reason enough for joy – let’s also take stock of where we are and where we’re headed.There’s a growing sense of optimism, engendered by the availability of COVID vaccines and the potential they give for a return to normal on Main Streets around the country. That’s a Goldilocks environment for risky assets.”Lakos-Bujas doesn’t shy away from quantifying his optimism. EIN Presswire, Everyone's Internet News Presswire™, Among application, fertilizer segment is the largest in the global ammonia market share of 75% in 2017 and it is expected to grow during forecast period due to high demand for ammonia … The global demand growth of ammonia is expected to remain sluggish between 2020 and 2030 due to a COVID-19 led reduction in economic activities in addition to flattening population growth, says GlobalData, a leading data and analytics company. If Apple makes a $75K electric vehicle, here's how it would affect its bottom line. Bitcoin had an impressive year in 2020, assuming there is no year-end meltdown. Global Ammonia Market to Reach US$70. Having witnessed many cycles in NYC, the time to buy has been when the herd is running in the other direction. Total global fertilizer production and supply topped 805 million tonnes in 2018, meaning supply was greater than demand. Japan expects to see a 'significant amount' of ammonia demand from bunkering by 2030, according to price reporting agency S&P Global Platts.. https://www.wiseguyreports.com/sample-request/5283411-global-ammonia-market-insights-forecast-to-2026, https://www.wiseguyreports.com/enquiry/5283411-global-ammonia-market-insights-forecast-to-2026, Chewing Tobacco Market 2021 Global Industry – Key Players Analysis, Sales, Supply, Demand and Forecast to 2026, Yerba Mate Market 2021 Global Share, Trend, Segmentation, Analysis and Forecast to 2026, Automotive Brake-By-Wire Systems Market 2021 Global Share, Trend, Segmentation, Analysis and Forecast to 2026. Global Ammonia Market 2020 Demand, Trends, Share, Product Analysis, Regional Outlook and Forecast-2026. global ammonia market has shown stable growth in recent years World market is forecast to grow at an average annual rate of approximately 3.5% basically due to the increase of phosphate and nitrogen fertilizers consumption By Grade (Anhydrous, Aqueous)7.2.2. Source: Coherent Market Insights, 2017-18. Here’s what to do now. A long-time Tesla Inc (NASDAQ: TSLA) and technology stock bull, Wood is now betting heavily on genomic stocks.Wood On Genomics: Genomic stocks are expected to drive strong returns for the next five years, according to Wood. Global Ammonia Market Share (%), By Application, 2017. Click to visit. This clinical research biopharma company focuses on major issues of reproductive system disease in both men and women. Rising demand for the nitrogenous fertilizers, as well as environmentally sustainable and eco-friendly refrigerants, are driving the market. The stock’s $22.80 share price and $36.40 average price target give a robust upside potential of ~59%. Is GE stock a buy right now? Can Bitcoin Hit $100,000 in 2021? “Of all the regulatory hurdles, this is the biggest by a long shot.”Dissecting China’s Crackdown on Its Internet Giants: QuickTake(Updates with People’s Daily commentary in 18th paragraph. Nvidia earnings are booming, fueled by takeover deals and strong demand in key segments. American and Canadian governments provide many of the same types of services for those in retirement, but the subtle differences between the two countries are worth noting. Market Size & Forecast8.3.1.1.1. Yara International15.3. Ammonia is a compound of nitrogen and hydrogen. By Application8.2.3. Demand-Supply Gap7. (See SHC stock analysis on TipRanks)Myovant Sciences (MYOV)Let’s stick with the health care industry, and look at Myovant Sciences. Finally, a chance that the lockdown and social distancing regimes truly are going to end, and in the near-term. Global ammonia market was value US$ 55.56 Bn in 2017, and is expected to reach US$ 80.14 Bn by 2026, at a CAGR of 4.7 % during forecast period. There is a real chance that, by the end of a 2021, John Q. The rising demand for ammonia in the fertilizer industry is expected to boost industry growth. Europe is projected to hold the largest SOE market by 2030, owing to the rising demand for fuel cells in Germany. The bank’s services include business lending, cash management, deposits, electronic banking, personal checking, and prepaid cards. The CAGR of ammonia demand will be more than 5.2 percent. 5 Years From Now, You'll Probably Wished You Grabbed This Stock. The report also presents an assessment of the impact of current market trends, including … A rare and historically very profitable stock buy signal is flashing right now. By Value & Volume8.3.2.2. Global Ammonia Demand Supply Gap Outlook 6.1. The company is one of several gene-editing companies.Editas Medicine (NASDAQ: EDIT), a genome editing company, is another stock Wood owns in both these ETFs.Invitae Corporation (NYSE: NVTA), a genetics testing company, is a top five holding in both ARKG and ARKK.Twist Bioscience (NASDAQ: TWST) is the fourth-largest holding in ARKG and a top 15 holding in ARKK. Exxon Mobil has prioritized maintaining its dividend while oil prices remain low. Public may be getting back on his feet.Combine that with Wall Street’s current ebullience, as stock markets trade at or near their all-time high levels, and we are looking at the prospect of a banner year. Global Ammonia Market Outlook7.1. Global Green Ammonia market accounted for $7.10 million in 2019 and is expected to reach $212.13 million by 2027 growing at a CAGR of 52.9% during the forecast period. This included $341 million in a first lien term loan, plus the $770 million in aggregated principal on an issue of senior secured notes. By Value & Volume7.2. And it will be ready to launch its first Starship flight to Mars in 2026, Musk said earlier this month.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Nobody wants to spend money they don't have to. To identify dominant region or segment in the Global Ammonia Market. Now It’s One of the Most Valuable Stocks in the Car Industry. Market Share & Forecast7.2.1. FANG and FAANG are common acronyms for the large technology stocks of Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Amazon.com (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX) and Google, a unit of Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL).Related Link: Cathie Wood Increases Teladoc Holdings Across Ark ETFsStocks to Watch: Following Wood into several genomic stocks could be a way for investors to get exposure to the space.Crispr Therapeutics (NASDAQ: CRSP) is the second-largest holding in ARKG and the third-largest holding in ARKK, representing one of the biggest bets Wood has placed on genomics. The global ammonia market amounts to 181 million tonnes, of which just 10% … The regional and sub-regional demand forecasts for nitrogen, phosphate By Company (2019)7.2.5. "Given a diversified operating platform, sticky multi-year contracts, an efficient pricing strategy, significant barriers to entry and high regulatory oversight, we project ~9% sales growth, with higher utilization driving continued expansion [and] robust FCF supports ongoing de-leveraging, leaving us positive on both the near- and longer-term outlook.” The Wall Street analyst corps is firmly behind Peterson on this one – in fact, the 7 recent reviews are unanimous Buys, making the analyst consensus a Strong Buy. Capacity by Location 6.2. By Application8.3.3.2.3. Based on application, the market can be categorized into Fertilizers, Chemicals, Pharmaceuticals, Electronics, Refrigeration, Household, Food, and Others. Specifically, Myovant is working to develop treatments for uterine fibroids, endometriosis, and prostate cancer.Myovant’s pipeline currently features Relugolix as a treatment for fibroids and endometriosis. Disruptions in trade flows and logistics due to lockdown measures taken around the globe to contain the spread of coronavirus have negatively impacted the fertilizer industry, which is affecting the Global Ammonia Market. The Ammonia market drivers are credited to depict the result they can have on the proper development of the Ammonia market in the expected period. Global Ammonia Market 2020 Business Strategies and Huge Demand by 2025. Europe Ammonia Market Outlook10. More of the same would deliver $100,000 for the bulls…. Fertilizer is the major application of the product as well as an important source of nitrogen in the agricultural industry, which is expected to benefit the market over the forecast period Growth in fertilizer industry and increasing consumption of protein rich diets … ‘2020 is a good year to gift just to time stamp use of a very generous unified gift and estate tax credit available now,’ one expert suggested. Asia Pacific is the largest market for ammonia due to growing use of ammonia in fertilizers. By Manufacturing Process8.2.4. Foreign Trade 6.4. It is very important to do your own analysis before making any investment. NORAH TRENT That facility is currently undrawn.Among the bulls is JPM analyst Tycho Peterson who rates SHC an Overweight (i.e. By Grade8.3.3.2.2. The mouthpiece of the Communist Party said in a commentary Friday that Chinese internet companies should regard the inquiry into Alibaba as an opportunity to improve their awareness of fair competition and anti-monopoly practices.The chances that Ant will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, which in past years has boomed as an alternative to traditional state-backed lending.China is said to have separately set up a joint task force to oversee Ant, led by the Financial Stability and Development Committee, a financial system regulator, along with various departments of the central bank and other regulators. It is very important to do your own analysis before making any investment. At the same time, liquidity conditions remain extremely supportive, and there’s an extremely favorable interest-rate environment. The gain is twice the advance of the next best performer on the gauge. Make Enquiry on Ammonia Market Size@ https://www.wiseguyreports.com/enquiry/5283411-global-ammonia-market-insights-forecast-to-2026, 5 Breakdown Data by Application (2015-2026). (See MYOV stock analysis on TipRanks)Metropolitan Bank Holding (MCB)For the third stock, we’ll change lanes from health care to finance, where Metropolitan Bank Holding operates – through its subsidiary, Metropolitan Commercial Bank – as a full-service bank for business, entrepreneurial, and personal customers in the mid-market segment. Small Internet Stock Receives Rare "Ultimate Buy". Some analysts predict there’s a crackdown coming, but a targeted one. Global Ammonia Market is projected to register a CAGR of 4.02% to reach USD 68,354.5 Million by the end of 2028. This is driving the growth of the SOE segment in the global green ammonia market. We ran the trio through TipRanks database to see what other Wall Street's analysts have to say about.Sotera Health (SHC)Sotera Health occupies a unique niche in the healthcare industry, offering, through its subsidiaries, a range of safety-oriented support businesses for healthcare providers. Spread of the pandemic has brought down demand for ammonia. Overview for “Ammonia Market” Helps in providing scope and definitions, Key Findings, Growth Drivers, and Various Dynamics. Global Ammonia Demand Supply Gap Outlook6.1. Although the first trucks have been manufactured and are currently in the testing phase, “no customers have been announced yet, and Nikola’s economics with it could be unfavorable for years.”“Overall,” Rosner summed up, “We remain on the sidelines of NKLA, and will be studying closely some of the milestones expected to be announced in 1H21, including a potential hydrogen infrastructure partner.”Accordingly, the analyst rates NKLA shares a Hold, although he might as well have said Buy — because his $26 price target implies ~88% upside from current levels. Asia-Pacific ammonia market is anticipated to get highly affected by the pandemic. Five Large Cap Stocks Flashing Buy Signals, 3 Stocks J.P. Morgan Says Are Ready to Rip Higher, The Man Who Bought Amazon at $48 Says Buy TaaS Now. ... the demand for ammonia is increasing … The decade-old battery maker went public by merging into a SPAC in November. Market Attractiveness Index8. The regulations specifically warn against selling at below-cost to weed out rivals.But Beijing’s diverse agencies appear to be coordinating their efforts -- a bad sign for the internet sector.“There is nothing that Chinese Communist Party doesn’t control and anything that does appear to be gyrating out of its orbit in any way is going to get pulled back very quickly,” said Alex Capri, a Singapore-based research fellow at the Hinrich Foundation.Read more: Down $290 Billion, China Tech Investors Mull Nightmare ScenariosThe campaign against Alibaba and its peers got into high gear in November, after Ma famously attacked Chinese regulators in a public address for lagging the times. Ltd. By Application8.3.5.2.3. Middle East and Africa Ammonia Market Outlook13. Regulators including the central bank and banking watchdog will separately bring in affiliate Ant to a meeting intended to drive home increasingly stringent financial regulations, which now pose a threat to the growth of the world’s biggest online financial services firm. Cordially get in touch for more details. 2.18% FIXED Mortgage Refi, No Hidden Fees/Points, Nikola: Time to Buy the Dip? As a user, if you see something we have missed, please do bring it to our attention. They point to language in the regulations that suggests a heavy focus on online commerce, from forced exclusive arrangements with merchants known as “Pick One of Two” to algorithm-based prices favoring new users. For a stock that was on fire during the year’s first half, the electric truck maker’s comedown has been brutal. Ammonia is widely used in the manufacturing of various liquid fertilizer solutions consisting of aqua ammonia, ammonium nitrate and urea.In terms of grade, the market is fragmented into Anhydrous and Aqueous. Eurochem Group AG15.8. Is Exxon stock a good buy? Here is what the fundamentals and technical analysis say about buying Nio shares now. Experts in the field predict there to be an increase in demand of about 234 MMT by the end of 2022. This report examines all the key factors influencing growth of global Ammonia Industry market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Based on grade, the global ammonia market is bifurcated into Anhydrous and Aqueous segments, of which Anhydrous holds the majority share due to its high demand … Product Overview2. The bank’s top line has increased from $33 million in Q1 to $36 million in Q3. The Global Ammonia Market is projected to grow and cross $ 68 billion by 2025. Market Size & Forecast8.3.4.1.1. Market Share & Forecast8.2.1. Since then, its stock has taken a remarkable rise. Saturday, December 12 2020 Breaking News. Executive Summary 5. China and India, being the major consumers in the region, account for a significant chunk of the global ammonia demand. "We actually think the next FANG stocks are in the genomic age," she said. Dakota Gasification Company15.14. The report also places a well-built groundwork linked to its scale of information with the buildup of comprehensive country-oriented analysis to narrate a more exceptional opinion of the Ammonia market in the forthcoming period. Sotera boasts over 5,800 healthcare provider customers in more than 50 countries around the world.While not a new company – two of its branches have been in business since the 1930s and 40s – Sotera is new to the stock markets, having held its IPO just this past November. table 9 power generation: global green ammonia market, by region, 2018–2030 (usd thousand) 7.4 industrial feedstock 7.4.1 increasing demand for food products drives demand for green fertilizers table 10 industrial feedstock: global green ammonia market, by region, 2018–2030 (usd thousand) 8 global green ammonia market, by region (page no. Regulators and the Bulls may have to Battle it out! The move allowed Sotera to increase its revolving credit facility to $347.5 million. “Wild growth” in markets needs to be curbed by law, it added. Competitive Landscape15.1. This demand accounted for approximately 46% of the global estimated demand for ammonia, which was pegged at approximately 62 million tons in 2016. Drivers13.2. Wood took an initial $40 million stake on Dec. 22.Another name to watch could be Berkeley Lights (NASDAQ: BLI), a 2020 IPO in the cell biology field. The global ammonia market amounts to 181 million tonnes, of which just 10% (19 million tonnes) is traded on the world market. However, with increasing inclination towards fighting the pandemic and opening up economies, coupled with surging the demand from food and chemical industry, the demand for ammonia is forecast to grow over the next five years.Major players operating in the Global Ammonia Market include CF Industries Holdings, Yara International, Nutrien Fertilizer, OCI NV, Ostchem Holdings, Ma'aden Phosphate, Mosaic Crop Nutrition, Eurochem Group AG, among others.Objective of the Study: To analyze and estimate the market size of the Global Ammonia Market from 2015 to 2019. All Right Reserved. And cheap ETFs that track the S&P 500 and more offer easy ways to save big money. Regional assessment of global Ammonia Industry market unlocks a plethora of untapped opportunities in regional and domestic market places. © 1995-2020 IPD Group, Inc. dba EIN Presswire The inference drawn of the Ammonia market is additionally enhanced by the conclusion of the regions integrated into the overall Ammonia market. The analysis of the Ammonia market all through the forecast period is appraised based on a compilation of factors that make up Porter’s Five Force Model. The description also brings to the fore an unrivaled assessment of the market factor assessment on all areas examined by the assistance of supply chain review and Porter’s five-factor analysis concurrently. Production by Country 6.3. Tencent and internet services giant Meituan finished more than 2.6% lower, while SoftBank Group Corp., Alibaba’s largest shareholder, sank 1.7% in Tokyo.While China is preparing to roll out the new anti-monopoly regulations, the country’s leaders have said little about how harshly they plan to clamp down or why they decided to act now.China’s internet ecosystem -- long protected from competition by the likes of Google and Facebook -- is dominated by two companies, Alibaba and Tencent, through a labyrinthine network of investment that encompasses the vast majority of the country’s startups in arenas from AI to digital finance. Trump wants bigger stimulus checks, but the House said no. In past cycles, MCB has been an outperformer on credit metrics in regards to its loan portfolio relative to our coverage group,” Alexopoulos noted.Alexopoulos goes on to explain another key strength in MCB’s loan portfolio: “In a low interest rate environment, MCB stands better positioned than peers to withstand NIM headwinds with 59% of MCB’s loans being fixed rate and 67% of the remaining floating rate loans have floors to protect from lower short-term rates…” To this end, Alexopoulos rates MCB an Overweight (i.e. Ammonia is a colorless and highly irritating with a sharp suffocating odor gas. Also in the pipeline, and related to reproductive health, is MVT-602, a new drug designed to enhance egg maturation and aid in vitro fertilization.In addition, Myovant has announced this month that Relugolix has been FDA approved – under the brand name Orgovyx – as a treatment for advanced prostate cancer. Speculation on an Apple car continues to run rampant. Global Ammonia Market 2020 Business Strategies and Huge Demand by 2025. Amid the COVID-19 crisis, the global market for Ammonia estimated at US$54. The Global Ammonia Market is projected to grow and cross $ 68 billion by 2025. EIN Presswire's priority is source transparency. A series of events – allegations of fraud committed by founder Trevor Milton, his subsequent resignation, a severely underwhelming deal with General Motors – have sent investors to the exit gates.Now it looks like even the trash wants nothing to do with Nikola.On Wednesday, the company announced that its plan to design and build BEV garbage refuse trucks for waste collection company Republic Services has collapsed.The company has cited that the cost to build the trucks would be higher than expected and would take too long, after both sides concluded that building the refuse truck using the Nikola Tre as its base would not work.The market, evidently, did not like the latest setback and shares dropped nearly 20% over the past two trading sessions. (2.28% APR). Global ammonia market is expected to reach USD 81.42 Billion by 2025, at a CAGR of 5.59% from 2018 to 2025. Buy) rating on MYOV, and his $30 price target implies a 31% upside for the next 12 months. Market Share & Forecast8.3.5.2.1. The Moderna shots alone could be worth as much as $1 billion to McKesson’s 2021 revenue and $1 a share to its earnings, says analyst Ricky Goldwasser. SHC is currently trading for $26.75, and its $32.50 average price target implies an upside of 21.5% by the end of 2021. According to the IEA, ammonia represented almost 43% of global hydrogen demand in 2018; refining represented almost 52%, and “other” demands accounted for 6%. Market Share & Forecast8.3.3.2.1. The content is intended to be used for informational purposes only. Buy) along with a $50 price target. Ltd. June 01, 2020, 07:48 GMT His very public rebuke is instead a warning Beijing has lost patience with the outsize power of its technology moguls, increasingly perceived as a threat to the political and financial stability President Xi Jinping prizes most.Alibaba slid 8% in Hong Kong to a five-month trough Thursday. QuantumScape Was Unknown a Few Months Ago. The global ammonia market is expected to record a CAGR of over 5% during the forecast period of 2019-2024. The experts at MRFR make use of the SWOT based tools based on which the report is adjusted to impart relevant details about the Ammonia market. There were 65 press releases posted in the last 24 hours and 200,447 in the last 365 days. But is it a buy now? (To watch Peterson’s track record, click here)"SHC is uniquely positioned to benefit from healthy end-market growth and favorable pricing dynamics," Peterson noted. The clock just started on the biggest financial event in 20 years. Koch Fertilizer, LLC15.13. "The analyst added, "In women's health, we believe the totality of phase 3 data to date de-risks the likelihood of relugolix approval in the US for uterine fibroids and endometriosis – commercial opportunities that are underreflected at current levels. tries to define some of the boundaries that are reasonable in today's world. By Manufacturing Process9. By Manufacturing Process (Steam Reforming, Partial Oxidation, Cryogenic Separation, Coal Gasification)7.2.4. All rights reserved. Asia-Pacific: Country Analysis8.3.1. By Application (Fertilizers, Chemicals, Pharmaceuticals, Electronics, Refrigeration, Household, Food, Others)7.2.3. Japan Ammonia Market Outlook8.3.4.1. Wide use of ammonia in fertilizer industry is one of the key factors which is anticipated to drive the market during the forecast years. Nutrien Fertilizer15.4. Global capacity expanded at a higher rate than demand over 2011-2015 due to significant new investments and has now reached 230 million tonnes with utilisation rates below 80%. By Grade8.2.2. Wood has added to this position four times in December.The Ark Genomic ETF has also been adding to its position in the SPAC Longview Acquisition Corp (NYSE: LGVW), which is bringing portable ultrasound company Butterfly Network public.Price Action: Shares of the Ark Innovation ETF are up 170% in 2020. To identify and analyze the profile of leading players operating in the Global Ammonia Market. The global demand growth of ammonia is expected to remain sluggish between 2020 and 2030 due to a COVID-19 led reduction in economic activities in addition to flattening population growth, says GlobalData, a leading data and analytics company. The gains come as the bank gives forward guidance of $153.9 million in total revenues for next year, which – if met – will reflect a 22% gain over 2020.While MCB’s financial performance has shown steady gains, the share appreciation has not followed suit. Is Nio Stock A Buy Amid High Hopes For Big Annual Event? This figure suggests a 31% upside from current levels. Global Ammonia Demand Supply Gap Outlook 6.1. Some of the key factors propelling the growth of the market are growing demand for fertilizers, need for renewable energy storage, and rising concerns regarding greenhouse emissions. (To watch Rosner’s track record, click here)Rosner’s colleagues think Nikola is worth a punt. EPS was stronger, at $1.27 per share, up 30% year-over-year. “Anti-monopoly has become an urgent issue that concerns all matters,” it said in a commentary coinciding with the probe’s announcement. The pressure on Ma is central to China’s broader effort to rein in an increasingly influential internet sphere: Draft anti-monopoly rules released November gave the government wide latitude to restrain entrepreneurs who until recently enjoyed unusual freedom to expand their realms.The Alibaba inquiry is “a warning that winds have shifted,” Bloomberg Intelligence said in a research note. Ammonia. By Grade8.3.1.2.2. Your help is welcome. The content is intended to be used for informational purposes only. Covid-19 crisis, the time to Buy the Dip Markets, a chance that the and! Than 70 % in the forecast period of 2019- 2026 estimated at US 54! 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