Global Petrochemicals New-Build and Expansion Projects Outlook to 2028

Developing countries such as China, India, Russia, and Iran are the key players in global petrochemical capacity growth due to their rapid economic expansion and rising demand for petrochemical products. China and India are heavily investing in their petrochemical capacities to reduce import reliance and attract further investments. Abundant natural gas reserves in Iran and Russia provide a competitive edge in producing petrochemical feedstocks, making it an attractive investment location. Consequently, these countries dominate capacity additions of key petrochemical commodities from upcoming projects anticipated to start operations by 2028.

Scope

• Global petrochemicals projects count by type, and development stage that are expected to start operations during 2024-2028
• Global petrochemicals projects cost by type, region, and key countries for the period 2024-2028
• Global petrochemicals projects capacity additions by type, and key countries for major commodities in the outlook period
• Key projects details for major petrochemical commodities - methanol, ethylene, polypropylene, urea, propylene, polyethylene, and ammonia - that are expected to start operations during 2024-2028

Reasons to Buy

• Understand the upcoming global petrochemicals projects landscape by type, development stage, and project cost for plants that are likely to start operations from 2024 to 2028
• Keep abreast of capacity and project cost outlook for key petrochemical commodities - methanol, ethylene, polypropylene, urea, propylene, polyethylene, and ammonia
• Facilitate decision-making on the basis of strong petrochemical projects data
• Develop business strategies with the help of specific insights on global petrochemical projects
• Assess your competitor’s upcoming petrochemical projects