H2 2019 Global Ethylene Capacity and Capital Expenditure Outlook - China Leads Globally in Terms of Planned and Announced Ethylene Capacity Additions
Summary
Global ethylene capacity is expected to experience considerable growth over the upcoming years, potentially increasing from 190.34 mtpa in 2018 to 303.53 mtpa by 2030. Around 160 planned and announced ethylene plants are expected to come online predominantly in Asia, followed by the Middle East. Among countries, China is expected to lead the global ethylene industry capacity growth from planned and announced projects between 2019 and 2030, with 26% share.
The total ethylene capacity of planned and announced projects in China is expected to add 27.24 million tonnes per annum (mtpa) by 2030. Of this capacity addition, 20.44 mtpa will come from planned projects and the remaining 6.80 mtpa will come from announced projects. China will dominate the global ethylene market, as the country is coming up with the biggest number of new projects and largest absolute capacity expansion driven by its economic growth. The country is set to build around 38 ethylene projects in the upcoming years.
The US is expected to have the second highest ethylene capacity additions globally, behind China. The country contributes about 15.37 mtpa of the total global planned and announced ethylene capacity additions by 2030. Major capacity additions for the US will be from an announced project, ‘Chevron Phillips Chemical Qatar Petroleum Jv Orange Ethylene Plant’, with a capacity addition of 2.00 mtpa.
Iran stands third, with planned and announced ethylene capacity of 10.79 mtpa by 2030. Of these, most of the ethylene capacity additions will come from planned projects.
Scope
Reasons to buy
Summary
Global ethylene capacity is expected to experience considerable growth over the upcoming years, potentially increasing from 190.34 mtpa in 2018 to 303.53 mtpa by 2030. Around 160 planned and announced ethylene plants are expected to come online predominantly in Asia, followed by the Middle East. Among countries, China is expected to lead the global ethylene industry capacity growth from planned and announced projects between 2019 and 2030, with 26% share.
The total ethylene capacity of planned and announced projects in China is expected to add 27.24 million tonnes per annum (mtpa) by 2030. Of this capacity addition, 20.44 mtpa will come from planned projects and the remaining 6.80 mtpa will come from announced projects. China will dominate the global ethylene market, as the country is coming up with the biggest number of new projects and largest absolute capacity expansion driven by its economic growth. The country is set to build around 38 ethylene projects in the upcoming years.
The US is expected to have the second highest ethylene capacity additions globally, behind China. The country contributes about 15.37 mtpa of the total global planned and announced ethylene capacity additions by 2030. Major capacity additions for the US will be from an announced project, ‘Chevron Phillips Chemical Qatar Petroleum Jv Orange Ethylene Plant’, with a capacity addition of 2.00 mtpa.
Iran stands third, with planned and announced ethylene capacity of 10.79 mtpa by 2030. Of these, most of the ethylene capacity additions will come from planned projects.
Scope
- Global ethylene capacity outlook by region
- Ethylene planned and announced plants details
- Global ethylene capacity by feedstocks
- Capacity share of the major ethylene producers globally
- Global ethylene capital expenditure outlook by region
Reasons to buy
- Understand key trends in the global ethylene industry
- Understand regional ethylene supply scenario
- Identify opportunities in the global ethylene industry with the help of upcoming plants and capital expenditure outlook
- Understand the current and future competitive scenario
Table of Contents
1. Global Ethylene Capacity and Capital Expenditure Outlook
3. Appendix
List of Tables
List of Figures
