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Recently, GlobalData said that China will lead the growth of global ethylene production capacity by 2025, and Asia’s new ethylene production capacity will reach 52.
94 million tons/year, and China will account for half of Asia’s new ethylene production capacity
.
GlobalData's "Global Ethylene Industry Outlook Before 2025" report predicts that global ethylene production capacity will increase significantly by 2025, which is expected to increase from 201.
32 million tons/year in 2020 to 29942 million tons/year in 2025, an increase of up to 49%
.
GlobalData said that China will lead the growth of ethylene capacity in Asia by 2025, and China will add 31.
25 million tons of ethylene capacity per year
.
GlobalData has identified India as the country with the second largest new capacity of ethylene, and will add 11.