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In 2023, the global polyethylene production capacity will exceed 157 million tons per year, and China's growth rate will top the list!

 Last Update: 2022-09-17
 Source: Internet
 Author: User

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GlobalData said that in the next few years, global polyethylene production capacity is expected to continue to grow significantly, and it is expected to reach 157.

Asia

It is expected that Asian polyethylene production capacity will reach 57.

Dayanand Kharade, Oil and Gas Analyst at GlobalData, said: “In Asia, demand for polyethylene is expected to continue to grow in China, with its large population and growing economy

North America

GlobalData points out that North America is the second largest region in the world for polyethylene industry capacity additions

middle East

In the Middle East, polyethylene production capacity is expected to reach 28.

Kharade added: “For North America and the Middle East, low-cost, abundant natural gas supply is the main reason for the surge in polyethylene capacity

Russia

The polyethylene production capacity in Russia is expected to reach 9.

Africa

Africa is the fifth highest and is expected to reach 4.

Badlands NGLS, Oil and Gas and Royal Dutch Shell are the top three global companies planning to increase capacity in the coming period

In 2022, 11 sets of polyethylene plants are planned to be put into operation in China, with a total production capacity of 4.

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