Global ethylene production in 2025 is estimated at nearly 205 to 210 million tonnes, reflecting sustained investment in steam crackers, NGL-based capacity and integrated petrochemical platforms.

In 2025, ten South Korean petrochemical companies have agreed to a business restructuring, aiming to reduce ethylene cracking capacity by 25%, approximately 3.7 million tons per year, based on South …

Nov 5, 2025 · Global ethylene trade continues to evolve amid structural changes in supply and demand. Cracker closures in Europe and expanding capacity across Asia—particularly in China—are driving …

22 hours ago · A total of 9 million tonnes/year of cracking capacity in other Asian countries is at risk of closure, accounting for 20% of the world's high-risk capacity. Europe 's basic chemical industry is …

May 14, 2024 · A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new …

May 19, 2026 · Global ethylene capacity is poised to witness considerable growth between 2025 and 2030 driven by surging demand from automotive, construction and e-commerce industries.

The GCC region has the largest average cracker size (1,000 kilo tons per year), which leads to higher efficiency of ethylene production, thus making the region more competitive globally

Jul 24, 2025 · As of June 30, 2025, companies have announced 14 ethane cracker projects, which separate, or "crack," ethane from natural gas into ethylene, a basic building block of plastics and …

General market weakness in the past year is expected to carry through into 2025, as the global cracker industry faces varied challenges across regions.

May 20, 2024 · The first wave of ethylene capacity addition is cooling off, but a second wave is expected to kick off in 2026. However, propylene is currently undergoing its wave of capacity addition before …