Global ethylene capacity is poised to see considerable growth over the next five years, potentially increasing from 214.39mtpa in 2021 to 324.90mtpa in 2030, registering total growth of 51.5%. Around 146 planned and announced plants are slated to come online, primarily in Asia and the Middle East.

Within Asia, China has 35 planned and announced ethylene capacity additions, with a total capacity of about 37.35mtpa by 2030. The country is expected to spend a capital expenditure (capex) of $41.92bn. Major capacity additions will be from two announced projects, Shandong Yulong Petrochemical Longkou Ethylene Plant 2 and Sinochem Quanzhou Petrochemical Quanzhou Ethylene Plant 2.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
Global Planned and Announced Capacity Additions by Region (mtpa), 2030*

In the Middle East, the majority of the capacity additions are from Iran, with capacity additions of about 12.55mtpa. The country is expected to spend a total of $10bn by 2030. The major capacity addition is from a planned project, Sepehr Makran Chabahar Ethylene Plant, with a capacity of 1.35mtpa.

Shandong Yulong Petrochemical Ltd, China Petrochemical Corp and Exxon Mobil Corp will be the top three companies globally in terms of planned and announced capacity additions over the upcoming years.

Further details of long-term ethylene 2022 can be found in GlobalData’s new report, ‘Ethylene Market Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2022-2030’.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.