Asia is expected to lead the global capacity additions among the regions and its chlorine capacity is expected to increase from 54.59 mtpa in 2020 to 58.03 mtpa in 2025 at an average annual growth rate (AAGR) of 1.2%.

Within Asia, China will account for more than half of the regions capacity additions with the country likely to lead the global chlorine capacity addition, says GlobalData, a leading data and analytics company.

GlobalDatas report, Global Chlorine Industry Outlook to 2025 Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants, reveals that chlorine capacity is poised to see considerable growth by 2025, potentially increasing from 89.60 million tonnes per annum (mtpa) in 2020 to 94.23 mtpa in 2025, registering a total growth of 5%.

Amareswari Kanaparthi, Oil and Gas Analyst at GlobalData, says: China is set to lead the capacity additions in the region with a capacity of 2.01 mtpa by 2025. Majority of the additions will be from a planned project Xinjiang Zhongtai Chemical Company Baicheng Chlorine Plant with a capacity of 0.71 mtpa by 2025.

GlobalData identifies India as the second highest country in terms of capacity additions with a capacity of 0.98 mtpa by 2025. Majority of the capacity additions will be from a planned project, GACL-NALCO Alkalies with a capacity of 0.23 mtpa by 2025.

The US will be the third highest country in terms of capacity additions where the entire capacity additions will be from a planned project Shintech Plaquemine Chlorine Plant 2 with capacity of 0.59 mtpa, by 2025.

Xinjiang Zhongtai Chemical Co Ltd, Tianjin Bohai Chemical Industry Co Ltd and Shin-Etsu Chemical Co Ltd will be the top three companies globally in terms of planned and announced capacity additions over the outlook period. -- Tradearabia News Service

Copyright 2021 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.