PUBLISHER: GlobalData | PRODUCT CODE: 1295460
PUBLISHER: GlobalData | PRODUCT CODE: 1295460
Global Butadiene capacity is poised to see considerable growth over the next five years, potentially increasing from 18.78 mtpa in 2022 to 24.93 mtpa in 2027, registering total growth of 33%.
Around 41 planned and announced Butadiene projects are expected to come online, predominantly in Asia, followed by Middle East over the upcoming years. Among countries, China is expected to lead Butadiene capacity additions by 2027, followed by India and Iran. Vista Energy Arghavan Co, Reliance Industries Ltd and Haldia Petrochemicals Ltd are the top three companies by planned and announced capacity additions globally over the upcoming years.