{"id":25376,"date":"2023-06-16T09:15:00","date_gmt":"2023-06-16T08:15:00","guid":{"rendered":"https:\/\/www.engineernewsnetwork.com\/blog\/?p=25376"},"modified":"2023-06-15T10:20:36","modified_gmt":"2023-06-15T09:20:36","slug":"asia-to-lead-global-butadiene-capacity-additions-by-2027","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/asia-to-lead-global-butadiene-capacity-additions-by-2027\/","title":{"rendered":"Asia to lead global butadiene capacity additions by 2027"},"content":{"rendered":"\n

Asia is set to lead the global butadiene industry capacity additions with a share of 65% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, the data and analytics company.<\/p>\n\n\n\n

GlobalData’s latest report, Butadiene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries Including Details of All Active Plants, Planned and Announced Projects to 2027<\/a><\/em><\/strong>, shows that the total butadiene capacity of new-build and expansion projects in Asia is expected to be 3.83 million tonnes per annum (mtpa) by 2027. Increased usage of synthetic rubbers and polymers in end-use industry segments such as automobiles and construction are the key factors for the butadiene industry growth in Asia.<\/p>\n\n\n

\n
\"\"<\/a><\/figure>\n<\/div>\n\n\n

Nivedita Roy, Oil and Gas Analyst at GlobalData, comments: “For the upcoming new build projects, the region is expected to add a capacity of 3.73mtpa from 20 planned and announced projects, whereas, for the expansion of the existing Butadiene projects, the region is expected to add a capacity of 0.10mtpa from three planned projects.”<\/p>\n\n\n\n

China and India will be the key contributors to butadiene capacity additions in Asia. The main capacity addition in China will be from a planned project, Exxon Mobil Corporation Huizhou Butadiene Plant, with a capacity of 0.27mtpa. It is expected to commence production of Butadiene in 2024.<\/p>\n\n\n\n

Nivedita concludes: “In India, Reliance Industries Jamnagar Butadiene Plant, with a capacity of 0.70mtpa. It is expected to come online in 2026.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Asia is set to lead the global butadiene industry capacity additions with a share of 65% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, the data and analytics company. 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