Asia to dominate worldwide polyethylene capacity additions through 2030

Core Insights - Asia is set to lead global polyethylene (PE) capacity additions by 2030, driven by increasing demand from packaging, construction, and consumer goods sectors [1] - The region is expected to add 28.94 million tonnes per annum (mtpa) of PE production capacity from 2025 to 2030 through 47 planned and 22 announced projects [2] - China and India are the primary contributors to this capacity growth, with 14.08 mtpa and 8.44 mtpa additions, respectively [2] Regional Developments - The largest capacity addition in Asia will come from the 'Haldia Petrochemicals Balasore Polyethylene Plant' in India, which will have a capacity of 1.08 mtpa and is expected to start operations in 2030 [3] - Haldia Petrochemicals is also planning two additional plants in Tamil Nadu, each with a capacity of 0.65 mtpa [3] - Other significant projects include 'Zhejiang Petrochemical Daishan Polyethylene Plant 7' in China and 'PT Trans Pacific Petrochemical Indotama Tuban Polyethylene Plant' in Indonesia, both with a capacity of 0.70 mtpa [4] Global Context - The Middle East is projected to add 11.79 mtpa of PE capacity by 2030, primarily from 29 planned and announced projects, with 20 located in Iran [5] - North America is expected to see a capacity increase of 2.60 mtpa from three planned projects, all situated in the US [5] - Detailed analysis of global PE capacity and capital expenditure can be found in GlobalData's report on the polyethylene industry [5]