The global demand for Chlorine Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Chlorine is a halogen element, present either liquid or gaseous in form. The gas is compressed to a point where it liquefies. It is stored in cylinders contain both liquid chlorine and gas. It is an essential building block for the manufacture of numerous products ranging from contact lenses, air conditioning refrigerants and solar panels, to energy-efficient windows, bullet-resistant vests, paint and prosthetics and many more. It is also vital for the development of the innovative materials needed in the future.
Market Dynamics
The market is driven by growing PVC and wastewater treatment industry. The majority of chlorine produced goes into Polyvinylchloride manufacture. Globally, one third of the chlorine produced is used by the vinyl industry. Chlorination is the most practical disinfection method in water and wastewater treatment plants, chlorine demand is important for control of water treatment processes. The market is further influenced by the good performance of the general economy. The popularity of chlorine is increasing due to multiple uses in various industries like chemical, automotive, water treatment and food & beverage. The global market is experiencing a decrease in supply due to the reduction in production capacity of chlorine. As a result, the companies are extending their production capacity to meet the growing demand from end-use industries.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of chlorine.
Market Segmentation
The entire chlorine market has been sub-categorized into application, and end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Application
- PVC
- Isocyanates and Oxygenates
- Chloromethanes
- Solvents and Epichlorohydrin
- Inorganic Chemicals
- Others
By End-user Industry
- Water Treatment
- Pharmaceutical
- Chemicals
- Paper and Pulp
- Plastic
- Pesticides
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for chlorine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Chlorine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the chlorine market include Nouryon, BASF SE, Ercros SA, OLIN Corporation, Tata Chemicals Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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