Fuel for Thought
India to dominate global ammonia capacity additions by 2025
Feb 19 2021 Read 466 Times
The global ammonia industry is poised to register a total growth of 23% from 230.88 million tonnes per annum (mtpa) in 2020 to 284.21 mtpa in 2025. Amongst the countries, India is expected to lead the global capacity additions, says GlobalData, a leading data and analytics company.
GlobalData’s report, ‘Global Ammonia Industry Outlook to 2025 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants’, reveals that Asia leads the capacity additions among the regions and its ammonia capacity is expected to increase from 104.95 mtpa in 2020 to 119.96 mtpa in 2025 at an average annual growth rate (AAGR) of 2.7%. It is expected to have a new-build ammonia capacity of 13.29 mtpa from 23 new-build projects.
Amareswari Kanaparthi, Oil and Gas Analyst at GlobalData, says: “India’s capacity additions are likely to witness an increase of 9.25 mtpa by 2025 which accounts for more than two-thirds of the region’s capacity additions. Majority of the capacity additions will be from the Reliance Industries Jamnagar Ammonia Plant with a capacity of 1.50 mtpa by 2025.”
GlobalData identifies Russia as the second highest country in terms of capacity additions with a capacity of 7.77 mtpa by 2025. Majority of the capacity additions will be from the Oteko Krasnodar Ammonia Plant with a capacity of 2.50 mtpa by 2025.
Nigeria will be the third highest country in terms of capacity additions with a capacity of 7.39 mtpa in 2025. Majority of the capacity additions will be from the Nagarjuna Fertilizers & Chemicals Nigeria Koko Ammonia Plant 1 with a capacity of 0.83 mtpa by 2025.
Dangote Industries Ltd, Oteko and Nagarjuna Fertilizers and Chemicals Ltd will be the top three companies globally in terms of planned and announced capacity additions over the outlook period.
Global Data was referenced in the following research papers
In This Issue Fuel For Thought - Signal Group announces new senior appointment - Network of organisations committed to workplace launched - Ayalytical Instruments acquires Lawler Manufactur...
View all digital editions
Feb 28 2021 Virtual event
Mar 03 2021 Guanghzou, China
Mar 08 2021 Virtual event
Mar 08 2021 Online event
Mar 08 2021 Virtual Event