{"id":23011,"date":"2022-09-13T10:20:50","date_gmt":"2022-09-13T09:20:50","guid":{"rendered":"https:\/\/www.engineernewsnetwork.com\/blog\/?p=23011"},"modified":"2022-09-13T10:22:35","modified_gmt":"2022-09-13T09:22:35","slug":"asia-to-lead-global-ammonia-capacity-additions-through-2030","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/asia-to-lead-global-ammonia-capacity-additions-through-2030\/","title":{"rendered":"Asia to lead global ammonia capacity additions through 2030"},"content":{"rendered":"\n

Asia is expected to lead the global ammonia industry capacity growth from new-build and expansion projects by 2030 with a share of 20%, according to GlobalData, the data and analytics company.<\/p>\n\n\n\n

GlobalData’s report, Ammonia Market Capacity and Capital Expenditure (CapEx) Market Forecast by Region, Top Countries and Companies, Feedstock, Key Planned and Announced Projects, 2022-2030<\/a><\/strong><\/em>, reveals that the total ammonia capacity of new-build and expansion projects in Asia is expected to be 9.93 million tonnes per annum (mtpa) by 2030. Out of this capacity addition, 9.72 mtpa is from new-build projects and the remaining capacity is from expansion projects.<\/p>\n\n\n\n

Teja Pappoppula, Oil and Gas Analyst at GlobalData, comments: “Asia will continue to lead the global ammonia market with the larger number of new projects driven by growing economies in the region.”<\/p>\n\n\n

\n
\"Asia<\/a><\/figure>\n<\/div>\n\n\n

The Middle East is expected to have the second-highest ammonia capacity additions globally, behind Asia. The region will contribute about 9.28 mtpa of the total global new-build and expansion ammonia capacity additions by 2030. Major capacity additions for the Middle East will be from Iran, with new-build and expansion capacity additions of 4.96mtpa, by 2030.<\/p>\n\n\n\n

Africa stands third, with new-build and expansion capacity of 8.11mtpa by 2030. Of these, most of the ammonia capacity additions will come from new-build projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

Asia is expected to lead the global ammonia industry capacity growth from new-build and expansion projects by 2030 with a share of 20%, according to GlobalData, the data and analytics company. 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