{"id":23255,"date":"2022-10-10T10:21:47","date_gmt":"2022-10-10T09:21:47","guid":{"rendered":"https:\/\/www.engineernewsnetwork.com\/blog\/?p=23255"},"modified":"2022-10-10T10:21:47","modified_gmt":"2022-10-10T09:21:47","slug":"asia-to-dominate-the-global-vinyl-chloride-monomer-vcm-capacity-additions-by-2026","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/asia-to-dominate-the-global-vinyl-chloride-monomer-vcm-capacity-additions-by-2026\/","title":{"rendered":"Asia to dominate the global Vinyl Chloride Monomer (VCM) capacity additions by 2026"},"content":{"rendered":"\n<p>Asia is expected to lead the global VCM industry capacity additions from new-build and expansion projects by 2026 with a share of 66% between 2022 and 2026, forecasts GlobalData.<\/p>\n\n\n\n<p>The data and analytics company&#8217;s latest report, <strong><em><a href=\"https:\/\/www.globaldata.com\/store\/report\/vinyl-chloride-monomer-market-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026<\/a><\/em><\/strong>, reveals that the total VCM capacity of new-build and expansion projects in Asia is expected to be 3.4 million tonnes per annum (mtpa) by 2026.<\/p>\n\n\n\n<p>Sudarshini Ennelli, Oil and Gas Analyst at GlobalData, comments: &#8220;For the upcoming new build projects, the region is expected to add a capacity of 2.61mtpa from five new build planned and announced projects. Whereas for the expansion projects, the region is expected to add a capacity of 0.76mtpa from four planned and announced projects.&#8221;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2022\/10\/vcsPRAsset_3434416_158427_25efbe16-6afc-461b-b809-7f56bc2938b0_0.png\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2022\/10\/vcsPRAsset_3434416_158427_25efbe16-6afc-461b-b809-7f56bc2938b0_0.png\" alt=\"Asia to dominate the global Vinyl Chloride Monomer (VCM) capacity additions by 2026\" class=\"wp-image-23256\" srcset=\"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2022\/10\/vcsPRAsset_3434416_158427_25efbe16-6afc-461b-b809-7f56bc2938b0_0.png 800w, https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2022\/10\/vcsPRAsset_3434416_158427_25efbe16-6afc-461b-b809-7f56bc2938b0_0-300x169.png 300w, https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2022\/10\/vcsPRAsset_3434416_158427_25efbe16-6afc-461b-b809-7f56bc2938b0_0-768x432.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p>China, Thailand, India, Indonesia, Pakistan, and Vietnam are the key countries in Asia in terms of VCM capacity. The main capacity addition will be from a planned project at the Tianjin Bohai Chemical Development Company Tianjin Vinyl Chloride Monomer (VCM) Plant, with a capacity of 0.80mtpa.<\/p>\n\n\n\n<p>Sudarshini concludes: &#8220;Formosa Plastics Group Ningbo Vinyl Chloride Monomer (VCM) Plant stands second with a capacity addition of 0.60mtpa, followed by Shenhua Yulin Vinyl Chloride Monomer (VCM) Plant adding a capacity of 0.51mtpa.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia is expected to lead the global VCM industry capacity additions from new-build and expansion projects by 2026 with a share of 66% between 2022 and 2026, forecasts GlobalData. The data and analytics company&#8217;s latest report, Vinyl Chloride Monomer (VCM) Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":23256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199],"tags":[246,10882,10883],"class_list":["post-23255","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news-views-and-opinion","tag-globaldata","tag-vcm","tag-vinyl-chloride-monomer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asia to dominate the global Vinyl Chloride Monomer (VCM) capacity additions by 2026 - Engineer News Network<\/title>\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\/asia-to-dominate-the-global-vinyl-chloride-monomer-vcm-capacity-additions-by-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia to dominate the global Vinyl Chloride Monomer (VCM) capacity additions by 2026 - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"Asia is expected to lead the global VCM industry capacity additions from new-build and expansion projects by 2026 with a share of 66% between 2022 and 2026, forecasts GlobalData. 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