Petrochemicals Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Commodity, Projects and Forecast to 2030

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$3000

Global petrochemical capacity is poised to see considerable growth over the upcoming years, potentially increasing from 2,600.06 million tonnes per annum (mtpa) in 2023 to 3,546.46 mtpa in 2030. Around 1,919 planned and announced plants are slated to come online by 2030, primarily in Asia and the Middle East. Reliance Industries Ltd, Haldia Petrochemicals Ltd. and China Petrochemical Corp are the top three companies by planned and announced capacity additions globally over the upcoming years.

Scope

• Global petrochemicals capacity outlook by region

• Petrochemicals planned and announced plants details

• Global petrochemicals capacity by commodity

• Capacity share of the major petrochemicals producers globally

• Global petrochemicals capital expenditure outlook by region

Reasons to Buy

• Understand key trends in the global petrochemicals industry

• Identify opportunities in the global petrochemicals industry with the help of upcoming plants and capital expenditure outlook

• Understand the current and likely future competitive scenario

Sibur Holding
Sherwood Energy Ltd
RusGazDobycha
Yakut Fuel and Energy Co
Oteko
Lukoil Oil Co
RiCoal
Tatneft
Irkutsk Oil Co LLC
Nakhodka Fertilizer Plant
Taif
MCC EuroChem
Gaz-Sintez
NGSK LLC
Ekozon Ltd
ESN Group
Gazprom
Mitsubishi Corp
Kada-Neftegaz LLC
GTM One
Baltic Gas Chemical Co
Marubeni Corp
China Pingmei Shenma Energy & Chemical Group Co Ltd
Shchekinoazot
Safpet LLC
Titan Group of Companies
UCP Chemicals AG
Areti International Group Ltd
SayanskKhimplast
Metafrax
Polyester Plant Ivanovo
Kazanorgsintez
NK Mangazeya LLC
Sintez OKA LLC
Rosneft Oil Co
JSFC Sistema
Novatek
China Petrochemical Corp
Independent Petroleum Co
Ammoni
Indian Farmers Fertilisers Coop Ltd
Huntsman Corp
Mubadala Investment Co
Oriental Energy Co Ltd
Dangote Industries Ltd

Table of Contents

01. Global Petrochemical Capacity and Capital Expenditure Review

– Key Highlights

– Recent Updates

Major New Plant Announcements

Key Stalled Plants

02. Global Petrochemical Capacity and Capital Expenditure Outlook by Region

– Global Petrochemical Capacity Contribution by Region

– Global Planned and Announced Capacity Additions by Region

– Global Capex Spending on Planned and Announced Projects by Region

– Global Petrochemical Capacity Contribution by Active, Planned and Announced Plants, 2024

03. Global Petrochemical Capacity and Capital Expenditure Outlook by Country

– Key Countries by Petrochemical Capacity Contribution (% share), 2023

– Global Capacity Additions from Planned and Announced Projects by Countries

– Global Capex Spending on Planned and Announced Projects by Countries

04. Global Petrochemical Capacity and Capital Expenditure Outlook by Company

– Global Petrochemical Capacity Contribution (% Share) by Key Companies, 2023

– Global Capacity Additions from Planned and Announced Projects by Top 10 Companies

05. Global Petrochemical Capacity and Capital Expenditure Outlook by Commodity

– Global Petrochemical Capacity Contribution by Active Key Commodities, 2023

06. Key Global Planned and Announced Petrochemical Plants

– Global Petrochemical Industry, Top 10 Planned and Announced Projects

07. Appendix

– Important Definitions

Table

Table 1: Total Petrochemical Capacity by Region (mtpa), 2020–2030 10

Table 2: Active, Planned, and Announced Petrochemical Capacity by Region (mtpa), 2021 12

Table 3: Petrochemical Capacity Share of Top 10 Companies (%), 2020 14

Table 4: Active Petrochemical Capacity of Top 10 Countries (mtpa), 2020 16

Table 5: Petrochemical Capacity of Top 10 Commodities (mtpa), 2020 18

Table 6: Planned and Announced Capacity Additions by Region (mtpa), 2030 20

Table 7: Planned and Announced Capacity Additions by Top 10 Countries (mtpa), 2030 22

Table 8: Planned and Announced Capacity Additions by Top 10 Companies (mtpa), 2030 24

Table 9: Total Capex Spending on Planned and Announced Plants by Region (US$ bil), 2021–2030 26

Table 10: Total Capex Spending on Planned and Announced Plants by Top 10 Countries (US$ bil), 2021–2030 28

Table 11: Key Global Planned and Announced Petrochemical Plants* 29

Figures

Figure 1: Total Petrochemical Capacity by Region (mtpa), 2020–2030 9

Figure 2: Active, Planned, and Announced Petrochemical Capacity by Region (mtpa), 2021 11

Figure 3: Petrochemical Capacity Share of Top 10 Companies (%), 2020 13

Figure 4: Active Petrochemical Capacity of Top 10 Countries (mtpa), 2020 15

Figure 5: Petrochemical Capacity of Top 10 Commodities (mtpa), 2020 17

Figure 6: Planned and Announced Capacity Additions by Region (mtpa), 2030 19

Figure 7: Planned and Announced Capacity Additions by Top 10 Countries (mtpa), 2030 21

Figure 8: Planned and Announced Capacity Additions by Top 10 Companies (mtpa), 2030 23

Figure 9: Total Capex Spending on Planned and Announced Plants by Region (US$ bil), 2021–2030 25

Figure 10: Total Capex Spending on Planned and Announced Plants by Top 10 Countries (US$ bil), 2021–2030 27

Frequently asked questions

Petrochemicals Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Commodity, Projects and Forecast to 2030 thematic reports
Currency USD
$3,000

Can be used by individual purchaser only

$9,000

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Petrochemicals Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Commodity, Projects and Forecast to 2030 in real time.

  • Access a live Petrochemicals Capacity and Capital Expenditure Outlook by Region, Countries, Companies, Commodity, Projects and Forecast to 2030 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.