Ethylene Glycol Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028

Powered by

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

Ethylene Glycol Industry Capacity & CapEx Overview

The Ethylene Glycol industry capacity was 60.06 million tonnes per annum (mtpa) in 2023 and it is expected to increase at an AAGR of more than 5% during 2023-2028. Around 40 planned and announced plants are slated to come online by 2028, primarily in Asia and the Middle East. This will boost the market growth during the forecast years.

Ethylene Glycol Industry Capacity and CapEx Outlook, 2023-2028 (mtpa)

Ethylene Glycol Industry Capacity and CapEx Outlook, 2023-2028 (mtpa)

Buy the Full Report for More Insights on Ethylene Glycol Capacity and Capex Market Forecast

Download a Free Report Sample

The Ethylene Glycol Industry Capacity and Capital Expenditure Outlook is a comprehensive report on all active and upcoming (planned and announced) Ethylene Glycol projects by region and country for the period 2018-2028. It provides global and regional capital expenditure outlook forecasts up to 2028. Furthermore, the report gives a comparative analysis of key countries based on their contribution to global as well as regional Ethylene Glycol capacities.

Market Capacity 2023 60.06 Mtpa
AAGR (2023-2028) >5%
Historical Period 2018-2023
Forecast Period 2024-2028
Key Regions ·        Asia

·        Europe

·        North America

·        Middle East

·        Former Soviet Union (FSU)

·        Africa

Key Countries ·        China

·        Saudi Arabia

·        The US

·        Taiwan

·        India

Major Upcoming Projects ·        Reliance Industries Jamnagar Ethylene Glycol (EG) Plant 2

·        Haldia Petrochemicals Cuddalore Ethylene Glycol Plant

·        Tangshan Xu Yang Petrochemical Tangshan Ethylene Glycol Plant

·        Zhejiang Petrochemical Daishan Ethylene Glycol Plant 3

·        Haldia Petrochemicals Kakinada Ethylene Glycol Plant

Leading Companies ·        Saudi Basic Industries Corp

·        China Petrochemical Corp

·        Formosa Plastics Group

·        Shell plc

·        Dow Chemical Co

·        Lotte Chemical Corp

Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Ethylene Glycol Industry Capacity Contribution by Region

The key Ethylene Glycol capacity contributing regions include Asia, Europe, North America, the Middle East, Africa, and the Former Soviet Union (FSU) among others. Asia accounted for the highest share of the global Ethylene Glycol capacity in 2023, followed by the Middle East. The high growth of the Ethylene Glycol Market in Asia can be attributed to the rapid urbanization, that leads to the surging demand for Ethylene Glycol in end-user industries.

Ethylene Glycol Industry Market Analysis by Regions, 2023 (%)

Ethylene Glycol Industry Market Analysis by Regions, 2023 (%)

Buy the Full Report for More Regional Insights into the Ethylene Glycol Industry Capacity Contribution
Download a Free Report Sample

Ethylene Glycol Industry Capacity Contribution by Countries

In 2023, China, Saudi Arabia, the US, Taiwan, and India are the key countries in the world accounting for over 77% of the total Ethylene Glycol capacity. China led with the largest capacity contribution globally in 2023, followed by Saudi Arabia.

Additionally, India leads with the largest capacity additions from planned and announced projects. The large capacity additions in India are attributed to the thriving automobile, pharmaceuticals, food, and packaging industries.

Ethylene Glycol Industry Market Analysis by Countries, 2023 (%)

Ethylene Glycol Industry Market Analysis by Countries, 2023 (%)

Buy the Full Report for More Insights into the Country-wise Capacity Contributors to the Ethylene Glycol Industry
Download a Free Report Sample

Ethylene Glycol Industry Market - Competitive Landscape

A few of the key companies in the global Ethylene Glycol industry are Saudi Basic Industries Corp, China Petrochemical Corp, Formosa Plastics Group, Shell plc, Dow Chemical Co, and Lotte Chemical Corp among others. Saudi Basic Industries Corp had the largest capacity in 2023. The major capacity contribution was from the Saudi Kayan Petrochemical Company Al-Jubail Ethylene Glycol Plant.

Ethylene Glycol Industry Market Analysis by Companies, 2023 (%)

Ethylene Glycol Industry Market Analysis by Companies, 2023 (%)

Buy the Full Report for More Insights on the Leading Companies in the Ethylene Glycol Industry
Download a Free Report Sample

Key Segments Covered in the Report

Ethylene Glycol Industry Capacity Contribution Regional Outlook (Capacity, mtpa, 2018-2028)

  • Asia
  • Europe
  • North America
  • Middle East
  • Former Soviet Union (FSU)
  • Africa

Ethylene Glycol Industry Capacity Contribution Country Outlook (Capacity, mtpa, 2018-2028)

  • China
  • Saudi Arabia
  • The US
  • Taiwan
  • India

Scope

The report provides:

  • In-depth analysis of global Ethylene Glycol capacity outlook by region.
  • Information on global Ethylene Glycol outlook by country.
  • Details on Ethylene Glycol planned and announced project details.
  • Capacity share of the major Ethylene Glycol producers globally.
  • Insights on global Ethylene Glycol capital expenditure outlook by region.
  • Global Ethylene Glycol capital expenditure outlook by country.

Reasons to Buy

  • Obtain the most up-to-date information available on all active, planned, and announced Ethylene Glycol plants globally.
  • Identify opportunities in the global Ethylene Glycol industry by analyzing upcoming projects and their capital expenditure outlook.
  • Facilitate decision-making based on strong historical and forecast Ethylene Glycol capacity data.

Reliance Industries Ltd
Haldia Petrochemicals Ltd
Tangshan Xuyang Petrochemical Co Ltd

Table of Contents

01. Global Ethylene Glycol Capacity and Capital Expenditure Review

Key Highlights

Recent Updates

Major New Plant Announcements

02. Global Ethylene Glycol Capacity and Capital Expeniture Outlook- by Region

Global Ethylene Glycol Capacity Contribution by Region

Global Ethylene Glycol Industry, Feedstock Capacity Contributions by Region

Global Planned and Announced Capacity Additions by Region

Global Capex Spending on Planned and Announced Projects by Region

Global Ethylene Glycol Capacity Contribution by Active, Planned and Announced Plants, 2024

Global Ethylene Glycol Industry, Installed Plant Capacity by Production Process, 2023

Global Ethylene Glycol Industry, Installed Plant Capacity by Technology, 2023

03. Global Ethylene Glycol Capacity and Capital Expenditure Outlook- by Country

Global Ethylene Glycol Capacity Contributions by Key Countries, 2018-2028

Global Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Ethylene Glycol Capacity Contribution (% share) by Key Countries, 2023

Global Capacity Additions from Planned and Announced Projects by Countries

Global Capex Spending on Planned and Announced Projects by Countries

04. Global Ethylene Glycol Capacity and Capital Expenditure Outlook- by Company

Global Ethylene Glycol Capacity Contribution (% Share) by Key Companies, 2023

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

05. Global Ethylene Glycol Industry- Upcoming Projects

Global Ethylene Glycol Industry, Top 10 Planned and Announced Projects

06. Africa Ethylene Glycol Industry, Capacity and Capex Outlook

Africa Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

Africa Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced projects

Africa Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

07. Asia Ethylene Glycol Industry, Capacity and Capex Outlook

Asia Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

Asia Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Asia Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

Asia Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

08. Europe Ethylene Glycol Industry, Capacity and Capex Outlook

Europe Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

Europe Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

9. FSU Ethylene Glycol Industry, Capacity and Capex Outlook

FSU Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

FSU Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

FSU Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

FSU Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

10. Middle East Ethylene Glycol Industry, Capacity and Capex Outlook

Middle East Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

Middle East Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Middle East Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for planned and announced projects

Middle East Ethylene Glycol Industry, Annual New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries

11. North America Ethylene Glycol Industry, Capacity and Capex Outlook

North America Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

North America Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

12. Oceania Ethylene Glycol Industry, Capacity and Capex Outlook

Oceania Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

Oceania Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

13. South America Ethylene Glycol Industry, Capacity and Capex Outlook

South America Ethylene Glycol Industry, Capacity by Key Countries, 2018-2028

South America Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

14. Appendix

Important Definitions

Table

Ethylene Glycol Industry, global, capacity by region (mtpa), 2023–2028

Ethylene Glycol industry, global, planned and announced capacity additions by region (mtpa), 2028

Active, planned, and announced Ethylene Glycol capacity by region (mtpa), 2024

Global, Ethylene Glycol Industry, installed plant capacity by production process (%), 2023

Global, Ethylene Glycol Industry, installed plant capacity by technology (%), 2023

Ethylene Glycol, Global, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, global, active Ethylene Glycol capacity of top 10 countries (mtpa), 2023

Ethylene Glycol industry, global, planned and announced capacity additions by countries, (mtpa), 2028

Ethylene Glycol industry, global, total capex spending on planned and announced projects by countries ($B), 2024-2028

Ethylene Glycol industry, global, capacity share of top 10 companies (%), 2023

Ethylene Glycol industry, global, planned and announced capacity additions by top 10 companies (mtpa), 2028

Ethylene Glycol industry, global, top 10 planned and announced projects details, 2023–2028

Ethylene Glycol industry, Africa, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, Africa, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, Africa, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Ethylene Glycol, Asia, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, Asia, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, Asia, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Ethylene Glycol, Europe, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, FSU, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, FSU, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, FSU, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Ethylene Glycol industry, Middle East, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Ethylene Glycol, North America, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, Oceania, capacity by key countries (mtpa), 2018–2028

Ethylene Glycol industry, South America, capacity by key countries (mtpa), 2018–2028

Figures

Ethylene Glycol industry, global, capacity by region (mtpa), 2023–2028

Ethylene Glycol industry, global, planned and announced capacity additions by region (mtpa), 2028

Active, planned, and announced Ethylene Glycol capacity by region (mtpa), 2024

Global, Ethylene Glycol Industry, installed plant capacity by production process (%), 2023

Global, Ethylene Glycol Industry, installed plant capacity by technology (%), 2023

Ethylene Glycol industry, global, active Ethylene Glycol capacity of top 10 countries (mtpa), 2023

Global Ethylene Glycol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Ethylene Glycol industry, global, planned and announced capacity additions by countries, (mtpa), 2028

Ethylene Glycol industry, global, total capex spending on planned and announced projects by countries ($B), 2024-2028

Ethylene Glycol industry, global, capacity share of top 10 companies (%), 2023

Ethylene Glycol industry, global, planned and announced capacity additions by top 10 companies (mtpa), 2028

Ethylene Glycol industry, Africa, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, Africa, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Ethylene Glycol, Asia, capacity by key countries (mtpa), 2018–2028

Global Ethylene Glycol Industry, Asia, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Ethylene Glycol industry, Asia, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, Asia, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Global Ethylene Glycol Industry, Europe, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Global Ethylene Glycol Industry, FSU, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Ethylene Glycol industry, FSU, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, FSU, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Global Ethylene Glycol Industry, Middle East, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Ethylene Glycol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects ($B), 2024-2028

Ethylene Glycol industry, Middle East, annual new build and expansion capital expenditure outlook for planned and announced projects by countries ($B), 2024-2028

Global Ethylene Glycol Industry, North America, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Global Ethylene Glycol Industry, Oceania, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Global Ethylene Glycol Industry, South America, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023

Frequently asked questions

Ethylene Glycol Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028 thematic reports
Currency USD
$3,995

Can be used by individual purchaser only

$11,985

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 Request a Free Sample

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.

Sample Report

Ethylene Glycol Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

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 Ethylene Glycol Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028 in real time.

  • Access a live Ethylene Glycol Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028 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.