Global Chlorine Market report published by Reports and Data, provides in-depth analysis of top players, geography, end users, applications, competitor analysis, revenue, price, gross margin, market share, import-export data, trends and forecast.
Global Chlorine Market is estimated to reach USD 49.20 Billion by 2028, according to a new report by Reports and Data. The growth of the chlorine market may be attributed to growing applications of chlorine amongst the end-user industries, such as the pharmaceuticals, water treatment, and chemical industry, among others.
Pharmaceutical products are a crucial part of the nearly USD 3.00 trillion health care systems of the U.S. and Canada. It has been assessed that in the U.S., in 2012, the leading one hundred drugs, in terms of sales volume, possessed chlorine as one of their constituents. Almost 25% of these drugs comprise chlorine in the dose form, and more than 60% of them deploy chlorine in their production process. The production process may deploy chlorine intermediates, which lose their identity in the course of building-up the molecule from smaller constituents. Therefore, chlorine is used in the production of 88% of the popular drugs.
Chlorine is widely used in the water treatment industry. Disinfection of wastewater is essential for safe drinkable water supplies as well as for healthy streams and rivers. The presence of a large number of microorganisms in sewage treatment plant wastes and outbreak of waterborne disease have been accompanied with sewage-contaminated water supplies or water used for recreational purposes. Chlorination is one of the most popular methods of disinfecting wastewater and is used globally for the disinfection of pathogens prior to discharge into receiving streams, rivers, or oceans. Chlorine is recognized to be effective in killing a variety of bacteria, protozoa, and viruses, such as Shigella, Salmonella, and Vibrio cholera.
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The following are the key industry participants:
Ineous Group Limited, Tata Chemicals Limited, Formosa Plastics Corporation, PPV Industries, Tosoh Corporation, Hanwha Chemical Corporation, AkzoNobel NV, Occidental Petroleum Corporation, OLIN Corporation, and Nouryon, among others.
Further key findings from the report suggest:
By application, EDC/PVC dominated the market in 2018 and is expected to grow at a rate of 4.7% in the forecast period. Chlorine imparts PVC beneficial properties such as fire-resistance and longevity, among others.
By industry verticals, the water treatment industry held the second-largest market share in 2018 and is likely to grow at a considerable rate in the forecast period.
The market in the Asia Pacific region dominated the market in 2018 and is estimated to witness a CAGR of 5.0% in the forecast period. The high market demand in the Asia-Pacific region may be attributed to the surging demand for PVC in several industries comprising construction packaging, automotive, and growing demand for wastewater treatment in the region.
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Market Overview:
The chemicals and materials industry is made up of a diverse group of businesses that differ in size, geography, business style, and end-market emphasis. These businesses are part of a larger ecosystem that includes oil, gas, coal, minerals, and bio-based materials as raw materials on one hand and a diverse range of application industries on the other. Petrochemicals, diversified manufacturers, and speciality chemical businesses have all been segments of the sector in the past.
The Chlorine market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Chlorine market.
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Segmentation:
Production Method Outlook
Mercury Cell Process
Membrane Cell Process
Diaphragm Cell Process
Others
Application Outlook
EDC/PVC
Solvents
Inorganic Chemicals
Organic Chemicals
Others
Regional Segmentation:
North America
South America
Europe
Asia Pacific
Middle East Africa
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