PUBLISHER: GlobalData | PRODUCT CODE: 1279515
PUBLISHER: GlobalData | PRODUCT CODE: 1279515
Global Ethylene Glycol capacity is poised to see considerable growth over the next five years, potentially increasing from 56.97 mtpa in 2022 to 74.21 mtpa in 2027, registering total growth of 30%.
Around 41 planned and announced Ethylene Glycol projects are expected to come online, predominantly in Asia, followed by Middle East over the upcoming years. Among countries, India is expected to lead Ethylene Glycol capacity additions by 2027, followed by China and Iran. Reliance Industries Ltd, Haldia Petrochemicals Ltd and China Sanjiang Fine Chemicals Co Ltd are the top three companies by planned and announced capacity additions globally over the upcoming years.