Xylene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026
Summary
Global Xylenes capacity is poised to see considerable growth over the next five years, potentially increasing from 77.35 mtpa in 2021 to 116.11 mtpa in 2026. Around 50 planned and announced Xylenes projects are expected to come online by 2026, predominantly in Asia followed by the Middle East over the upcoming years. Among countries, China is expected to lead Xylene capacity additions by 2026, followed by India and Brunei. Hebei Xinhua Petrochemical Co Ltd, Haldia Petrochemicals Ltd and Shenghong Petrochemical Group Co Ltd are the top three companies by planned and announced capacity additions globally over the upcoming years.
Scope
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