![\"China](\"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2021\/12\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0-1024x549.jpg\")
<\/a><\/figure><\/div>\n\n\n\nDayanand Kharade, Oil and Gas Analyst at GlobalData, says: \u201cChina will dominate the global petrochemicals market in the mid-term with both the biggest number of new projects and the largest absolute capacity expansion driven by economic growth. The country is forecast to account for 51% of the Asian capacity additions during the outlook period.\u201d<\/p>\n\n\n\n
GlobalData identifies India as the second-highest country in terms of capacity additions, with a capacity of 158.4mtpa by 2030. Major capacity additions will be from the Reliance Industries Jamnagar Styrene-Butadiene Rubber (SBR) Plant, with a capacity of 6.5 mtpa by 2030.<\/p>\n\n\n\n
Iran will be the third-highest country in terms of capacity additions, with capacity of 83.3mtpa by 2030. Major capacity additions will be from the Kaveh Methanol Company Dayyer Methanol Plant with a capacity of 2.3mtpa by 2030.<\/p>\n\n\n\n
Reliance Industries Ltd, Haldia Petrochemicals Ltd, and China Petrochemical Corp will be the top three companies globally in terms of planned and announced capacity additions over the outlook period.<\/p>\n","protected":false},"excerpt":{"rendered":"
The global petrochemical capacity is poised to see considerable growth by 2030. It is set to potentially increase from 2,214.9 million tons per annum (mtpa) in 2020 to 3,103.6mtpa in 2030 registering a total growth of 40%. China is expected to account for 29% of the global petrochemical capacity additions by 2030, forecasts data and …<\/p>\n","protected":false},"author":1,"featured_media":20636,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199,106],"tags":[246,496],"class_list":["post-20635","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news-views-and-opinion","category-oil-gas","tag-globaldata","tag-petrochemicals"],"yoast_head":"\n
China to lead global petrochemical capacity additions by 2030 - Engineer News Network<\/title>\n<meta name=\"description\" content=\"The global petrochemical capacity is poised to see considerable growth by 2030. It is set to potentially increase from 2,214.9 million tons per annum (mtpa) in 2020 to 3,103.6mtpa in 2030 registering a total growth of 40%. China is expected to account for 29% of the global petrochemical capacity additions by 2030, forecasts data and analytics company GlobalData\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China to lead global petrochemical capacity additions by 2030 - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"The global petrochemical capacity is poised to see considerable growth by 2030. It is set to potentially increase from 2,214.9 million tons per annum (mtpa) in 2020 to 3,103.6mtpa in 2030 registering a total growth of 40%. China is expected to account for 29% of the global petrochemical capacity additions by 2030, forecasts data and analytics company GlobalData\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/\" \/>\n<meta property=\"og:site_name\" content=\"Engineer News Network\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-31T11:07:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-31T11:10:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2021\/12\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1172\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"headline\":\"China to lead global petrochemical capacity additions by 2030\",\"datePublished\":\"2021-12-31T11:07:57+00:00\",\"dateModified\":\"2021-12-31T11:10:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/\"},\"wordCount\":266,\"image\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg\",\"keywords\":[\"GlobalData\",\"petrochemicals\"],\"articleSection\":[\"News, Views and Opinion\",\"Oil & Gas\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/\",\"name\":\"China to lead global petrochemical capacity additions by 2030 - Engineer News Network\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg\",\"datePublished\":\"2021-12-31T11:07:57+00:00\",\"dateModified\":\"2021-12-31T11:10:02+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"description\":\"The global petrochemical capacity is poised to see considerable growth by 2030. It is set to potentially increase from 2,214.9 million tons per annum (mtpa) in 2020 to 3,103.6mtpa in 2030 registering a total growth of 40%. China is expected to account for 29% of the global petrochemical capacity additions by 2030, forecasts data and analytics company GlobalData\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg\",\"contentUrl\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg\",\"width\":1172,\"height\":628,\"caption\":\"China to lead global petrochemical capacity additions by 2030\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/china-to-lead-global-petrochemical-capacity-additions-by-2030\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China to lead global petrochemical capacity additions by 2030\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\",\"name\":\"Engineer News Network\",\"description\":\"The ultimate online news and information resource for today's engineer\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\",\"name\":\"admin\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"China to lead global petrochemical capacity additions by 2030 - Engineer News Network","description":"The global petrochemical capacity is poised to see considerable growth by 2030. It is set to potentially increase from 2,214.9 million tons per annum (mtpa) in 2020 to 3,103.6mtpa in 2030 registering a total growth of 40%. China is expected to account for 29% of the global petrochemical capacity additions by 2030, forecasts data and analytics company GlobalData","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/","og_locale":"en_GB","og_type":"article","og_title":"China to lead global petrochemical capacity additions by 2030 - Engineer News Network","og_description":"The global petrochemical capacity is poised to see considerable growth by 2030. It is set to potentially increase from 2,214.9 million tons per annum (mtpa) in 2020 to 3,103.6mtpa in 2030 registering a total growth of 40%. China is expected to account for 29% of the global petrochemical capacity additions by 2030, forecasts data and analytics company GlobalData","og_url":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/","og_site_name":"Engineer News Network","article_published_time":"2021-12-31T11:07:57+00:00","article_modified_time":"2021-12-31T11:10:02+00:00","og_image":[{"width":1172,"height":628,"url":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2021\/12\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/#article","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/"},"author":{"name":"admin","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"headline":"China to lead global petrochemical capacity additions by 2030","datePublished":"2021-12-31T11:07:57+00:00","dateModified":"2021-12-31T11:10:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/"},"wordCount":266,"image":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/#primaryimage"},"thumbnailUrl":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2021\/12\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg","keywords":["GlobalData","petrochemicals"],"articleSection":["News, Views and Opinion","Oil & Gas"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/","url":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/","name":"China to lead global petrochemical capacity additions by 2030 - Engineer News Network","isPartOf":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/#primaryimage"},"image":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/#primaryimage"},"thumbnailUrl":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2021\/12\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg","datePublished":"2021-12-31T11:07:57+00:00","dateModified":"2021-12-31T11:10:02+00:00","author":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1"},"description":"The global petrochemical capacity is poised to see considerable growth by 2030. It is set to potentially increase from 2,214.9 million tons per annum (mtpa) in 2020 to 3,103.6mtpa in 2030 registering a total growth of 40%. China is expected to account for 29% of the global petrochemical capacity additions by 2030, forecasts data and analytics company GlobalData","breadcrumb":{"@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/#primaryimage","url":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2021\/12\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg","contentUrl":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2021\/12\/vcsPRAsset_3434416_147985_75619c46-393e-4eaf-93b0-ccad39ecd6a4_0.jpg","width":1172,"height":628,"caption":"China to lead global petrochemical capacity additions by 2030"},{"@type":"BreadcrumbList","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/china-to-lead-global-petrochemical-capacity-additions-by-2030\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.engineernewsnetwork.com\/blog\/"},{"@type":"ListItem","position":2,"name":"China to lead global petrochemical capacity additions by 2030"}]},{"@type":"WebSite","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#website","url":"https:\/\/www.engineernewsnetwork.com\/blog\/","name":"Engineer News Network","description":"The ultimate online news and information resource for today's engineer","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.engineernewsnetwork.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.engineernewsnetwork.com\/blog\/#\/schema\/person\/4477342aea8e299c6a21761e513ea8e1","name":"admin","url":"https:\/\/www.engineernewsnetwork.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/20635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/comments?post=20635"}],"version-history":[{"count":2,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/20635\/revisions"}],"predecessor-version":[{"id":20638,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/posts\/20635\/revisions\/20638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/media\/20636"}],"wp:attachment":[{"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/media?parent=20635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/categories?post=20635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.engineernewsnetwork.com\/blog\/wp-json\/wp\/v2\/tags?post=20635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}