Chlorine derivatives are used in various applications such as disinfection, bleaching, organic chemicals, inorganic chemicals, and metal separation. Chlorine is used for as a disinfectant in various forms such as elemental chlorine (chlorine gas), sodium hypochlorite solution or calcium hypochlorite powder. Ultraviolet rays in sunlight degrade free chlorine compounds in water and significantly decrease disinfection efficacy over time. Therefore, chlorine is used as an effective and efficient disinfection agent.
Market Dynamics
The global chlorine market was valued at US$ 13,948.7 million in 2017 and is expected to register a CAGR of 5.0% in terms of revenue, over the forecast period (2018 – 2025), to reach US$ 20,493.0 million by 2025.Increasing demand for Polyvinyl Chloride (PVC) from the construction industry is one of the major factor driving growth of the chlorine market. PVC is extensively used in construction industry and was the largest derivative in terms of value and volume in 2017 according to Coherent Market Insights’ analysis. PVC is used in piping & fittings, window, door frames and cladding, landfill liners & geomembranes; swimming pool liners; single-ply roofing, conveyor belts, piping used in food processing, chemical processing & other manufacturing, floor & wall coverings, coated paneling, adhesives, and maintenance coatings.
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Detailed Segmentation:
• Global Chlorine Market, By Derivative:
◦ PVC
◦ Propylene Oxide and Epichlorohydrin
◦ Phosgene
◦ C1 Derivatives
◦ Others
• Global Chlorine Market, By Application:
◦ Disinfection
◦ Bleaching
◦ Organic Chemicals
◦ Inorganic Chemicals
◦ Metal Separation
Key features of the study:
• This report provides in-depth analysis of chlorine market and provides market size (US$ Millions & Kilo Tons) and compound annual growth rate (CAGR (%)) for the forecast period (2018 – 2025), considering 2017 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global chlorine market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans.
• Key companies covered as a part of this study include, BASF SE, Occidental Chemical Corporation, Ercros SA, Ineos Group Ltd., Olin Corporation, PPG Industries, Tosoh Corporation, Dow Chemical Company, Westlake Chemical Corporation, Solvay S.A., Akzo Nobel N.V., and Covestro AG
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
Major players operating in the global chlorine market : BASF SE, Occidental Chemical Corporation, Ercros SA, Ineos Group Ltd., Olin Corporation, PPG Industries, Tosoh Corporation, Dow Chemical Company, Westlake Chemical Corporation, Solvay S.A., Akzo Nobel N.V., and Covestro AG.
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