PUBLISHER: GlobalData | PRODUCT CODE: 1461989
PUBLISHER: GlobalData | PRODUCT CODE: 1461989
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.