Asia to dominate global ethylene glycol capacity additions by 2030
Key takeaways
- Ethylene glycol is a key intermediate for producing polyethylene terephthalate (PET) and polyester fibres, and is widely used across textiles, plastics, and automotive industries.
- Asia’s dominance in the ethylene glycol industry is primarily driven by massive upcoming projects in China and India, which aim to meet its demand while achieving greater self-sufficiency.
- The other major upcoming projects in China include the Caofeidian Petrochemical Industry Base in Tangshan, Hebei province, and Zhejiang Petrochemical in Daishan Island, Zhoushan.
Asia to dominate global ethylene glycol capacity additions by 2030 Global Data Energy Tue, May 12, 2026 at 8:24 PM GMT+7 2 min read 2010-SABE.SR Asia is poised to dominate the global ethylene glycol capacity additions by 2030 due to surging domestic demand and sustained investment in petrochemical infrastructure. Ethylene glycol is a key intermediate for producing polyethylene terephthalate (PET) and polyester fibres, and is widely used across textiles, plastics, and automotive industries.
Asia’s dominance in the ethylene glycol industry is primarily driven by massive upcoming projects in China and India, which aim to meet its demand while achieving greater self-sufficiency. China is positioned to lead, with eight projects expected to come online during the projected period. The highest capacity addition in the country is expected from the planned project by SABIC. Located in the Fujian province, this project is slated to commence operations this year.
The other major upcoming projects in China include the Caofeidian Petrochemical Industry Base in Tangshan, Hebei province, and Zhejiang Petrochemical in Daishan Island, Zhoushan. The project in Hebei is expected to come online in 2030 while the Zhejiang project is likely to start production this year.