Daily Newsletter

25 April 2024

Daily Newsletter

25 April 2024

Asian countries to lead global polyolefins capacity additions by 2030

Within Asia, China and India are expected to contribute more than 80% of regional capacity additions.

GlobalData Energy April 24 2024

Asian countries are expected to dominate the global polyolefins capacity additions.

China and India together account for approximately 47% of the global upcoming polyolefins capacity additions.

Within Asia, China and India are expected to contribute more than 80% of the regional capacity additions.

Expanding population, higher incomes, and rising consumption of consumer goods are expected to drive capacity expansions in these countries.

Growing demand for convenient packaging and other various sectors such as the automotive and electronics industries will drive capacity expansions, going forward.

Population growth coupled with urbanisation is driving the consumption of products made from polyolefins and is in turn driving capacity additions.  

For other countries such as Iran, Russia, and the US, feedstock advantage plays an important role for capacity additions.

Further details of polyolefins can be found in leading data and analytics company GlobalData’s new report, Polyolefins Market Analysis and Forecast by Products, Capacity Additions, Top Countries and Active and Upcoming Projects to 2030.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

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.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close