Asia will dominate the increase in global chlorine production capacity?

According to information, leading data and analysis company GlobalData said that between 2020 and 2024, Asia will contribute about 69% of the world's new chlorine production capacity through new and expansion projects, leading the growth of global chlorine production capacity
.
The company's report "Global Chlorine Industry Outlook to 2024-Capacity and Capital Expenditure Forecasts, Including Details of All Operating and Planned Plants" shows that Asia is expected to have 20 new and expanded projects, new and expanded each year The chlorine production capacity is 3.
06 million tons
.
Among them, there are 12 new projects and 8 expansion projects
.
Sowmya Sivaji, an oil and gas analyst at GlobalData, said: "In Asia, the growth of chlorine gas production capacity will mainly come from China and India.
Together, these two countries account for 84% of the new capacity in the region
.
In these two countries, new projects Accounted for most of the increase in production capacity
.
” GlobalData believes that North America is the region with the second largest increase in production capacity in the global chlorine industry
.
The entire chlorine production capacity of 590,000 tons/year comes from a planned project—Synkoplaquemin Chlorine Plant 2—the project is expected to start production in 2021
.
The Middle East ranks third.
By 2024, the newly built and expanded chlorine gas production capacity will reach 3.
4 million tons/year
.
The main newly added capacity will come from the UAE, which is expected to contribute approximately 2.
8 million tons/year of production capacity by 2024
.