Global Petrochemicals Capacity and Capital Expenditure Outlook – China, US and Iran Underpin Continuing Petrochemicals Expansion

Powered by

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

$1500

Global petrochemical capacity will experience considerable growth in the next five years with increase from 1,464 mmtpa in 2015 to 1,708 mmtpa by 2020. Large capacity additions with more than 640 planned projects are expected to come online primarily in the China, US and Iran in the next five years. China Petroleum & Chemical Corporation, Petroliam Nasional Berhad and Shenhua Group Corporation Limited are the top three companies by capacity additions expected to come on-stream by 2019. Global petrochemical industry is expected to spend around US$162.3 billion by 2020 for the upcoming projects. The US, China and Russia are the top three countries by capital expenditure for projects by 2020.

Scope

Report provides information and insight on:

Historic and forecast global petrochemical capacity by region

Global petrochemical planned plants details

Capacity share of the major petrochemical producers in the world

Global petrochemical capital expenditure forecast by region

Reasons to Buy

The report will clarify:

Understand the key trends in the global petrochemical industry

Understand the regional petrochemical supply scenario

Identify opportunities in the global petrochemical industry with the help of upcoming projects and capital expenditure forecast

Understand the current and likely future competitive scenario

Table of Contents

1Table of Contents

1Table of Contents2

1.1List of Tables3

1.2List of Figures5

2Global Petrochemicals Industry6

2.1Key Highlights6

3Appendix79

3.1Definitions79

3.1.1Installed Capacity79

3.2Abbreviations79

3.3GlobalData’s Research Methodology79

3.3.1Coverage79

3.3.2Secondary Research80

3.3.3Primary Research80

3.3.4Expert Panel Validation81

3.4Disclaimer81

Table

1.1List of Tables

Table 1:Global Petrochemicals Capacity by Region (mmtpa)8

Table 2:Global Petrochemicals Capacity Share of Top 10 Companies (%), 20159

Table 3:Global Petrochemicals Capacity of Top 10 Countries (mmtpa), 201510

Table 4:Global Petrochemicals Capacity of Top 10 Commodities (mmtpa), 201511

Table 5:Global Planned Capacity Additions By Region (mmtpa)12

Table 6:Global Planned Capacity Additions By Top 10 Countries (mmtpa)13

Table 7:Global Planned Capacity Additions By Top 10 Companies (mmtpa)14

Table 8:Total Capex Spending On Planned Projects by Region (US$ bil)15

Table 9:Total Capex Spending On Planned Projects by Top 10 Countries (US$ bil)16

Table 10:Global Major Planned Plant Details – Project Status (Study)17

Table 11:Global Major Planned Plant Details (Contd.)- Project Status (Study)18

Table 12:Global Major Planned Plant Details (Contd.)- Project Status (Announced)19

Table 13:Global Major Planned Plant Details (Contd.)- Project Status (Announced)20

Table 14:Global Major Planned Plant Details (Contd.)- Project Status (Announced)21

Table 15:Global Major Planned Plant Details (Contd.)- Project Status (Announced)23

Table 16:Global Major Planned Plant Details (Contd.)- Project Status (Announced)24

Table 17:Global Major Planned Plant Details (Contd.)- Project Status (Announced)26

Table 18:Global Major Planned Plant Details (Contd.)- Project Status (Announced)27

Table 19:Global Major Planned Plant Details (Contd.)- Project Status (Announced)29

Table 20:Global Major Planned Plant Details (Contd.)- Project Status (Announced)30

Table 21:Global Major Planned Plant Details (Contd.)- Project Status (Announced)32

Table 22:Global Major Planned Plant Details (Contd.)- Project Status (Announced)33

Table 23:Global Major Planned Plant Details (Contd.) – Project Status (Engineering)34

Table 24:Global Major Planned Plant Details (Contd.) – Project Status (Engineering)36

Table 25:Global Major Planned Plant Details (Contd.) – Project Status (Engineering)37

Table 26:Global Major Planned Plant Details (Contd.) – Project Status (Engineering)38

Table 27:Global Major Planned Plant Details (Contd.) – Project Status (Engineering)39

Table 28:Global Major Planned Plant Details (Contd.) – Project Status (Engineering)40

Table 29:Global Major Planned Plant Details (Contd.) – Project Status (Construction)41

Table 30:Global Major Planned Plant Details (Contd.) – Project Status (Construction)42

Table 31:Global Major Planned Plant Details (Contd.) – Project Status (Construction)44

Table 32:Global Major Planned Plant Details (Contd.) – Project Status (Construction)45

Table 33:Global Major Planned Plant Details (Contd.) – Project Status (Construction)46

Table 34:Global Major Planned Plant Details (Contd.) – Project Status (Construction)48

Table 35:Global Major Planned Plant Details (Contd.) – Project Status (Construction)49

Table 36:Global Major Planned Plant Details (Contd.) – Project Status (Construction)51

Table 37:Global Major Planned Plant Details (Contd.) – Project Status (Construction)52

Table 38:Global Major Planned Plant Details (Contd.) – Project Status (Construction)54

Table 39:Global Major Planned Plant Details (Contd.) – Project Status (Construction)55

Table 40:Global Major Planned Plant Details (Contd.) – Project Status (Construction)56

Table 41:Global Major Planned Plant Details (Contd.) – Project Status (Construction)58

Table 42:Global Major Planned Plant Details (Contd.) – Project Status (Construction)59

Table 43:Global Major Planned Plant Details (Contd.) – Project Status (Construction)61

Table 44:Global Major Planned Plant Details (Contd.) – Project Status (Construction)62

Table 45:Global Major Planned Plant Details (Contd.) – Project Status (Construction)64

Table 46:Global Major Planned Plant Details (Contd.) – Project Status (Construction)65

Table 47:Global Major Planned Plant Details (Contd.) – Project Status (Construction)67

Table 48:Global Major Planned Plant Details (Contd.) – Project Status (Construction)68

Table 49:Global Major Planned Plant Details (Contd.) – Project Status (Construction)70

Table 50:Global Major Planned Plant Details (Contd.) – Project Status (Construction)71

Table 51:Global Major Planned Plant Details (Contd.) – Project Status (Construction)72

Table 52:Global Major Planned Plant Details (Contd.) – Project Status (Construction)74

Table 53:Global Major Planned Plant Details (Contd.)- Project Status (Pre-commissioning)75

Table 54:Global Major Planned Plant Details (Contd.)- Project Status (Pre-commissioning)76

Table 55:Global Major Planned Plant Details (Contd.)- Project Status (Commissioning)77

Table 56:List of Abbreviations79

Figures

1.2List of Figures

Figure 1: Global Petrochemicals Capacity by Region (mmtpa)7

Figure 2: Global Petrochemicals Capacity Share of Top 10 Companies (%), 20158

Figure 3: Global Petrochemicals Capacity of Top 10 Countries (mmtpa), 20159

Figure 4: Global Petrochemicals Capacity of Top 10 Commodities (mmtpa), 201510

Figure 5: Global Planned Capacity Additions By Region (mmtpa)11

Figure 6: Global Planned Capacity Additions By Top 10 Countries (mmtpa)12

Figure 7: Global Planned Capacity Additions By Top 10 Companies (mmtpa)13

Figure 8: Total Capex Spending On Planned Projects by Region (US$ bil)14

Figure 9: Total Capex Spending Planned Projects by Top 10 Countries (US$ bil)15

Frequently asked questions

Global Petrochemicals Capacity and Capital Expenditure Outlook – China, US and Iran Underpin Continuing Petrochemicals Expansion thematic reports
Currency USD
$1,500

Can be used by individual purchaser only

$4,500

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 Global Petrochemicals Capacity and Capital Expenditure Outlook – China, US and Iran Underpin Continuing Petrochemicals Expansion in real time.

  • Access a live Global Petrochemicals Capacity and Capital Expenditure Outlook – China, US and Iran Underpin Continuing Petrochemicals Expansion 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.