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2022-2023, China’s PP capacity expansion plan

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Up to now, China has added 3.26 million tons of new production capacity, an increase of 13.57% year-on-year. It is estimated that the new production capacity will be 3.91 million tons in 2021, and the total production capacity will reach 32.73 million tons/year. In 2022, it is expected to add 4.7 million tons of new production capacity, and the total annual production capacity will reach 37.43 million tons/year. In 2023, China will usher in the highest level of production in all years. /Year, a year-on-year increase of 24.18%, and the production progress will gradually slow down after 2024. It is estimated that China's total polypropylene production capacity will reach 59.91 millio.


Post time: Nov-13-2021