Asia is set to lead the global ethylene industry capacity additions with a share of 60% by 2030, as it gains capacities from new-build and expansion projects between 2022 and 2030, says GlobalData.
China is expected to register the highest ethylene capacity additions in Asia contributing about 61% share of the region’s capacity additions by 2030, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Ethylene Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2021-2030’ reveals .
Asia is expected to lead the global ethylene industry capacity growth from new-build and expansion projects by 2030 with a share of 61%, according to GlobalData, a leading data and analytics company. GlobalData’s report ‘Ethylene Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2021-2030’ .