Petrochemicals Capacity and Capital Expenditure (CapEx) Forecast by Region, Top Countries and Companies, Commodities, Key Planned and Announced Projects, 2023-2030
Petrochemicals Market Report Overview
The global petrochemicals capacity was estimated at 2,397.09 mtpa in 2022. Asia, the Middle East, and the Former Soviet Union are the top regions contributing to capacity additions in the upcoming years. The petrochemicals market research report provides details such as the plant’s name, and plant operator name for all planned and stalled plants globally. It offers a comparison of key regions based on their contribution to the global market.
Petrochemicals Capacity Outlook, 2022-2030 (mtpa)
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Major Announced Projects in the Petrochemicals Industry
Some of the major announced projects in the petrochemicals industry are Ascension Clean Energy Donaldsonville Ammonia Plant, Fujian Fuhaichuang Petrochemical Zhangzhou Purified Terephthalic Acid (PTA) Plant, Guangxi Tongkun Petrochemical Qinzhou Purified Terephthalic Acid (PTA) Plant, Reliance Industries Dahej Purified Terephthalic Acid (PTA) Plant 3, and Hainan Yisheng Petrochemical Yangpu Purified Terephthalic Acid (PTA) Plant.
Ascension Clean Energy Donaldsonville Ammonia Plant: Clean Hydrogen Works has proposed a new ammonia production plant in Louisiana, US. It is expected to come onstream by 2027.
Fujian Fuhaichuang Petrochemical Zhangzhou Purified Terephthalic Acid (PTA) Plant: Fujian Fuhaichuang Petrochemical Co Ltd has proposed a new Purified Terephthalic Acid (PTA) production plant in Fujian, China. It is expected to come on stream by 2026.
Guangxi Tongkun Petrochemical Qinzhou Purified Terephthalic Acid (PTA) Plant: Guangxi Tongkun Petrochemical Co Ltd has proposed a new Purified Terephthalic Acid (PTA) production plant in Guangxi, China. It is expected to come on stream by 2025.
Petrochemicals Industry Segmentation by Regions
The key regions in the petrochemicals industry are Asia, North America, the Middle East, Europe, Africa, the Former Soviet Union, Oceania, the Caribbean, and South America. Among regions, Asia leads with the largest capacity contribution globally over the upcoming years, followed by North America and Europe.
Petrochemicals Capacity Analysis by Regions, 2022 (%)
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Petrochemicals Industry - Competitive Landscape
Some of the leading companies in terms of global capacity contributions of petrochemicals are China Petrochemical Corp, Saudi Basic Industries Corp, Ineos Ltd, Formosa Plastics Group, China National Petroleum Corp, The Dow Chemical Co, Exxon Mobil Corp, LyondellBasell Industries NV, The National Petrochemical Co, and Shell Plc. The top 10 companies in terms of global capacity contributions of petrochemicals in 2022 were mainly national oil companies (NOCs). China Petrochemical Corp accounted for the largest capacity in 2022.
Petrochemicals Industry Analysis by Companies, 2022 (%)
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Petrochemicals Industry Overview
| Market Size (2022) | 2,397.09 mtpa |
| Major Announced Projects | Ascension Clean Energy Donaldsonville Ammonia Plant, Fujian Fuhaichuang Petrochemical Zhangzhou Purified Terephthalic Acid (PTA) Plant, Guangxi Tongkun Petrochemical Qinzhou Purified Terephthalic Acid (PTA) Plant, Reliance Industries Dahej Purified Terephthalic Acid (PTA) Plant 3, and Hainan Yisheng Petrochemical Yangpu Purified Terephthalic Acid (PTA) Plant |
| Key Regions | Asia, North America, The Middle East, Europe, Africa, The Former Soviet Union, Oceania, The Caribbean, and South America |
| Leading Companies | China Petrochemical Corp, Saudi Basic Industries Corp, Ineos Ltd, Formosa Plastics Group, China National Petroleum Corp, The Dow Chemical Co, Exxon Mobil Corp, LyondellBasell Industries NV, The National Petrochemical Co, and Shell Plc |
Petrochemicals Industry Regional Outlook (Capacity, mtpa, 2023-2030)
- Asia
- North America
- The Middle East
- Europe
- Africa
- The Former Soviet Union
- Oceania
- Caribbean
- South America
Scope
- Global petrochemicals capacity outlook by region
- Petrochemicals planned and announced plants details
- 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 future competitive scenario
Key Players
Table of Contents
List of Tables
List of Figures
Frequently Asked Questions
The petrochemicals capacity was estimated at 2,397.09 mtpa in 2022.
Some of the major announced projects in the petrochemicals industry are Ascension Clean Energy Donaldsonville Ammonia Plant, Fujian Fuhaichuang Petrochemical Zhangzhou Purified Terephthalic Acid (PTA) Plant, Guangxi Tongkun Petrochemical Qinzhou Purified Terephthalic Acid (PTA) Plant, Reliance Industries Dahej Purified Terephthalic Acid (PTA) Plant 3, and Hainan Yisheng Petrochemical Yangpu Purified Terephthalic Acid (PTA) Plant.
The key regions in the petrochemicals industry are Asia, North America, the Middle East, Europe, Africa, the Former Soviet Union, Oceania, the Caribbean, and South America.
Some of the leading companies in the petrochemicals industry are China Petrochemical Corp, Saudi Basic Industries Corp, Ineos Ltd, Formosa Plastics Group, China National Petroleum Corp, The Dow Chemical Co, Exxon Mobil Corp, LyondellBasell Industries NV, The National Petrochemical Co, and Shell Plc.
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