Global chlorine capacity is poised to see moderate growth over the next five years, potentially increasing from 90.35 million tonnes per annum (mtpa) in 2021 to 96.77mtpa in 2026, registering total growth of 7%.
GlobalData’s latest report, ‘Global Chlorine Industry Outlook to 2026 – 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 North America.
Within Asia, China has five planned and announced chlorine projects, with a total capacity of about 1.95mtpa by 2026. The country is expected to spend a capital expenditure (capex) of $0.69bn. Major capacity additions will be from a planned project, Xinjiang Zhongtai Chemical Company Baicheng Chlorine Plant.
In North America, only the US has two planned and announced projects, with a total capacity of 1.08mtpa by 2026. The total capex spend for the plants is $0.76bn.
In the Middle East, United Arab Emirates has two planned and announced projects, with capacity additions of about 0.88mtpa. The country is expected to spend a total of $0.53bn. Major capacity additions will be from an announced project, ADNOC Reliance Industries JV Ruwais Chlorine Plant.
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 upcoming years.