Asia to dominate global ethylene glycol capacity additions by 2030

Asia is poised to predominate the planetary ethylene glycol capableness additions by 2030 owed to surging home request and sustained concern successful petrochemical infrastructure. Ethylene glycol is simply a cardinal intermediate for producing polyethylene terephthalate (PET) and polyester fibres, and is wide utilized crossed textiles, plastics, and automotive industries.

Asia’s dominance successful the ethylene glycol manufacture is chiefly driven by monolithic upcoming projects successful China and India, which purpose to conscionable its request portion achieving greater self-sufficiency. China is positioned to lead, with 8 projects expected to travel online during the projected period. The highest capableness summation successful the state is expected from the planned task by SABIC. Located successful the Fujian province, this task is slated to commence operations this year.

The different large upcoming projects successful China see the Caofeidian Petrochemical Industry Base successful Tangshan, Hebei province, and Zhejiang Petrochemical successful Daishan Island, Zhoushan. The task successful Hebei is expected to travel online successful 2030 portion the Zhejiang task is apt to commencement accumulation this year.

The capableness additions successful India, connected the different hand, are expected from 4 projects, 3 of which are successful the Gujarat state. Nayara Energy Ltd and Valor Petrochemicals Ltd are readying 1 task each and are anticipated to travel online successful 2027 and 2029, respectively. The 3rd task is announced by Reliance Industries Ltd and is apt to travel onstream by the extremity of the existent decade.

Upcoming ethylene glycol capableness additions successful Asia, 2026-2030

The remaining capableness summation successful India is anticipated to beryllium from the 4th task successful Tamil Nadu by Haldia Petrochemicals. This cardinal task is expected to relationship for the highest capableness summation not lone successful the state but successful the full world. Presently, the task is awaiting support and is astir apt to commencement operations successful 2030. Haldia Petrochemicals Ltd is the designated relation of this task and besides holds its full equity stake.

Further details of planetary propylene capableness and capex investigation tin beryllium recovered successful GlobalData’s caller report, ‘Global Ethylene Glycol Industry: Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants, 2026-2030’

"Asia to predominate planetary ethylene glycol capableness additions by 2030" was primitively created and published by Offshore Technology, a GlobalData owned brand.

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