PUBLISHER: GlobalData | PRODUCT CODE: 1372636
PUBLISHER: GlobalData | PRODUCT CODE: 1372636
Global Propylene capacity is poised to see considerable growth over the upcoming years, potentially increasing from 150.30 million tonnes per annum (mtpa) in 2022 to 219.68 mtpa in 2030. Around 175 planned and announced plants are slated to come online by 2030, primarily in Asia and Middle East. Among countries, China is expected to lead Propylene capacity growth by 2030, followed by India and Iran. Shandong Yulong Petrochemical Ltd, Oriental Energy Co Ltd and The National Petrochemical Co are the top three companies by planned and announced capacity additions globally over the upcoming years.