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China to account for over 50% global ethylene capacity additions by 2030, forecasts GlobalData Asia is set to lead the global capacity additions among the regions and its ethylene capacity is expected to increase from 75.56 mtpa in 2020 to 138.42 mtpa in 2030, at an average annual growth rate (AAGR) of 6%. Within Asia, China accounts for more than half of the region’s capacity additions, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Ethylene Capacity and Capital Expenditure Outlook to 2030 – China and India Leads Global Ethylene Capacity Additions’, reveals that the global ethylene capacity is poised to see considerable growth over the next five years, potentially increasing from 201.32 (mtpa) in 2020 to 310.68 mtpa in 2030, registering a total growth of 54%. Around 168 planned and announced plants are scheduled to come online, predominantly in Asia and Middle East, over the next five years.

Sepehr makran chabaharVinuthna bidarExxon mobil corpNayara energy vadinar ethylene plantChina petrochemical corpShandong yulong petrochemical ltdWithin asiaGlobal ethylene capacityCapital expenditure outlookIndia leads global ethylene capacity additionsMiddle eastGas analystSepehr makran chabahar ethylene plantYulong petrochemical ltdஎக்ஸான் மொபில் கார்ப்சீனா பெட்ரோ கெமிக்கல் கார்ப்