Global Ethylene Glycol (EG) capacity is poised to see considerable growth over the next five years, potentially increasing from 51.54mtpa in 2021 to 77.02mtpa in 2026, registering total growth of 49%. Around 49 planned and announced plants are slated to come online primarily in Asia and the Middle East.

Within Asia, India has ten planned and announced EG capacity additions, with a total capacity of about 8.7mtpa by 2026. The country is expected to spend a capital expenditure (capex) of $4.9bn. Major capacity additions will be from two announced projects, Reliance Industries Jamnagar EG Plant 2 and Haldia Petrochemicals Cuddalore EG Plant.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

In the Middle East, the majority of the capacity additions are from Iran, with capacity additions of about 3.29mtpa. The country is expected to spend a total of $2.66bn by 2026. The major capacity additions are from two planned projects, Bushehr Petrochemical Company Assaluyeh EG Plant and Kangan Petro Refining Kangan EG Plant, each with a capacity of 0.55mtpa.

Reliance Industries, Haldia Petrochemicals and The National Petrochemical Co will be the top three companies globally in terms of planned and announced capacity additions over the upcoming years. Further details of long-term EG 2022 can be found in GlobalData’s new report, ‘Ethylene Glycol (EG) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026’.

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.