PUBLISHER: GlobalData | PRODUCT CODE: 1093605
PUBLISHER: GlobalData | PRODUCT CODE: 1093605
Global Xylenes capacity is poised to see considerable growth over the next five years, potentially increasing from 77.35 mtpa in 2021 to 116.11 mtpa in 2026. Around 50 planned and announced Xylenes projects are expected to come online by 2026, predominantly in Asia followed by the Middle East over the upcoming years. Among countries, China is expected to lead Xylene capacity additions by 2026, followed by India and Brunei. Hebei Xinhua Petrochemical Co Ltd, Haldia Petrochemicals Ltd and Shenghong Petrochemical Group Co Ltd are the top three companies by planned and announced capacity additions globally over the upcoming years.