Global butadiene capacity is poised to see considerable growth over the next five years, potentially increasing from 17.94mtpa in 2021 to 23.70mtpa in 2026, registering total growth of 32%. Around 41 planned and announced plants are slated to come online, primarily in Asia and the Middle East.

Within Asia, India has eight planned and announced butadiene capacity additions, with a total capacity of about 1.69mtpa by 2026. The country is expected to spend a capital expenditure (capex) of $0.49bn. Major capacity additions will be from two announced projects, Reliance Industries Jamnagar Butadiene Plant and Haldia Petrochemicals Cuddalore Butadiene Plant.

butadiene capacity

In the Middle East, the majority of the capacity additions are from Iran, with capacity additions of about 0.29mtpa. The country is expected to spend a total of $0.33bn by 2026. The major capacity additions are from two planned projects, Kian Petrochemical Company Assaluyeh Butadiene Plant, with a capacity of 0.18mtpa, and Sepehr Makran Chabahar Butadiene Plant with a capacity of 0.12mtpa.

Reliance Industries, Haldia Petrochemicals and Exxon Mobil (Huizhou) Chemical will be the top three companies globally in terms of planned and announced capacity additions over the upcoming years. Further details of long-term butadiene 2022 can be found in GlobalData’s new report, ‘Butadiene Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned and Announced Projects, 2022-2026’.

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