Asia to dominate worldwide polyethylene capacity additions through 2030
Yahoo Finance·2025-09-09 17:52
Asia is poised to spearhead the global polyethylene (PE) capacity additions by 2030, mainly due to its escalating demand of PE from various end-use application segments such as packaging, construction and consumer goods. Moreover, the massive manufacturing sector of Asia relies heavily on PE for various industrial and consumer applications. Asia is anticipated to add a PE production capacity of 28.94 million tonnes per annum (mtpa) during 2025 to 2030 from 47 planned and 22 announced projects. China and I ...