GlobalData forecasts Asia to account for 45% of global PE capacity additions through 2026; region expected to add capacity of 27 million tonnes/year from 67 planned and announced projects, led by China at 10.39 tonnes/year and India at 8.99 tonnes/year

Sample article from our Chemicals Industry

July 14, 2022 (press release) –

Asia is expected to lead the global polyethylene capacity additions between 2021 and 2026 with a share of 45%, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Polyethylene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2021-2026’, reveals that Asia will have the largest capacity additions for the new build and expansion of the existing polyethylene projects during the forecast period.

Sudarshini Ennelli, Oil and Gas Analyst at GlobalData, says: “For the upcoming new build projects, Asia is expected to add a capacity of 27.0 million tons per annum (mtpa) from 67 planned and announced projects.”

China leads the region with a capacity of 10.39 mtpa. Major capacity additions will be from Lianyungang Petrochemical Lianyungang Polyethylene Plant 3, Oriental Energy Maoming Polyethylene Plant 1, Oriental Energy Maoming Polyethylene Plant 2, and Tangshan Xu Yang Petrochemical Tangshan Polyethylene Plant 1, each contributing 0.5 mtpa.

Ennelli concludes: “India follows next with a capacity of 8.99 mtpa. The top three projects adding the highest capacity are Haldia Petrochemicals Kakinada Polyethylene Plant, Haldia Petrochemicals Balasore Polyethylene Plant, and HPCL Rajasthan Refinery Pachpadra Polyethylene Plant (Swing), contributing 1.2 mtpa, 1.1 mtpa, and 0.8 mtpa, respectively.”

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Jason Irving
Jason Irving
- SVP Enterprise Solutions -

We offer built-to-order chemicals industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.