Lagos — China is poised to lead the global ethylene capacity additions By 2030, this sector is projected to capture over 36%, owing to anticipated increases in both the consumption and production of ethylene within the nation, as reported by GlobalData, a prominent provider of data and analysis solutions. According to GlobalData’s recent report titled "Ethylene Market Analysis and Forecast by Products, Capacity Additions, Leading Nations, and Ongoing and Future Projects up to 2030," it indicates that the aggregate planned and announced ethylene capacity additions in China will likely reach approximately 33.30 million tonnes per year (mtpa) by the year 2030. Nivedita Roy, an oil and gas analyst at GlobalData, remarks: "China's substantial increase in ethylene capacity can be linked to various elements such as considerable spending on petrochemical facilities and strong economic expansion. The growing number of people in Chi...