Global Chlorine capacity is poised to see moderate growth over the next five years, potentially increasing from 89.60 mtpa in 2020 to 94.23 mtpa in 2025, registering total growth of 5 percent.
GlobalData’s latest report, ‘Global Chlorine Industry Outlook to 2025 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned plants states that around 42 planned and announced plants are slated to come online primarily in Asia and Africa.
Within Asia, China has six planned and announced chlorine capacity, with a total capacity of about 2.01 mtpa by 2025. The country is expected to spend a capital expenditure (capex) of US$0.95 billion. Major capacity additions will be from Xinjiang Zhongtai Chemical Company Baicheng Chlorine Plant.
North America has one planned project, of which the US contributes entire capacity of 0.59 mtpa by 2025. The capex for the plants is US$0.06 billion by 2025.
In Europe, Spain has two planned projects with the capacity additions of about 0.20 mtpa by 2025. The country is expected to spend a total of US$0.07 billion by 2025. Covestro Tarragona Chlorine Plant and CUF-Quimicos Industriais Torrelavega Chlorine Plant are the major companies for accounting the capacity additions in Spain.
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Xinjiang Zhongtai Chemical Company Baicheng Chlorine Plant, 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 upcoming years.