Global Ammonia capacity is poised to see considerable growth over the next five years, potentially increasing from 236.40Mtpa in 2021 to 276.14Mtpa in 2026, registering total growth of 17%.
GlobalData’s latest report, ‘Global Ammonia Industry Outlook to 2026 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants,’ states that around 22 planned and announced plants are slated to come online primarily in Asia followed by the Middle East.
Within Asia, India has 12 planned and announced Ammonia capacity, with a total capacity of about 6.97Mtpa by 2026. The country is expected to spend a capital expenditure (CAPEX) of $ 2.75bn. The majority of capacity additions are from Reliance Industries Jamnagar Ammonia Plant, with a capacity of 1.50Mtpa. It is expected to commence production of Ammonia in 2025.
The Middle East has 18 planned and announced projects, Major capacity additions will be from Maaden Waad Al-Shamal Phosphate Company Ras Al Khair Ammonia Plant 2. The CAPEX for the plant is $0.21bn by 2026.