Chlorine Market Opportunities, Future Trends, Business Demand and Growth Forecast 2029


Posted May 12, 2023 by shambhavimmr

The Chlorine Market is expected to reach US $24.19 billion by 2029, thanks to growth in the pharmaceutical segment. The report analyzes market dynamics by region and end-user industries.
 
Chlorine Market Overview

The market overview of the Chlorine industry focuses on the detailed dynamics of the market, including aspects such as industry rivalry. The report provides comprehensive market revenue forecasts at the global, regional, segment, and national levels.

Chlorine Market Report Scope and Research Methodology

The research methodology employed in the report on the Chlorine market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.

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The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Chlorine market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Chlorine market, which involves aggregating data from individual segments to arrive at a total market size estimate.

Chlorine Market Regional Insights

The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.

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Chlorine Market Segmentation

Based on type of application, the chlorine market is segmented into: Ethylene Dichloride (EDC), Organic Chemicals, Inorganic Chemicals, Chlorinated Intermediates, Chlorinated Aromatics, and Others.

In 2021, the ethylene dichloride (EDC) segment dominated, accounting for 35.67% of the total market in terms of sales. This segment is expected to be driven by increasing demand for PVC in the construction industry during the forecast period, which is also expected to grow fastest at 4.8%.

Based on end-use industry, the chlorine market is segmented into water treatment equipment, pharmaceuticals, chemicals, plastics, and others.

In 2021, the pharmaceutical segment will dominate as the emergence of the COVID-19 pandemic has led to an increase in pharmaceutical production worldwide, which has also led directly to increased sales. accounted for more than 65.23% of the total market share. Chlorine demand in pharmaceutical production. This segment is expected to be similarly dominant throughout the forecast period.

Based on process type, the chlorine market is segmented into: Mercury Cell Process, Membrane Cell Process, and Membrane Process.

In 2021, the membrane process sector dominated, accounting for more than xx% of the total market in terms of revenue. In this process, the cathode and anode are separated by an asbestos (or polymer fiber) diaphragm to prevent chlorine produced at the anode from interacting with sodium hydroxide and hydrogen produced at the cathode. The anode compartment is constantly supplied with saline solution (brine), which is sent through a diaphragm to the cathode compartment where caustic is formed and the brine is partially depleted. Membrane processes produce dilute and slightly impure caustic, but are energy efficient with no mercury disposal issues.

Chlorine Market Key Players

• Ercros S.A
• BASF SE
• Olin Corporation
• PPG Industries
• FMC Corporation
• Hanwha Chemical Corporation
• Tata Chemicals Ltd.
• Tosoh Corporation
• AkzoNobel
• Occidental Petroleum Corporation
• Hanwha Chemical Corporation
• Ineos Group Ltd.
• Formosa Plastics Corporation
• The Dow Chemical Company
• Xinjiang Zhongtai Chemicals Co. Ltd.
• Nirma Ltd.
• Westlake Chemical Corporation
• Covestro AG
• Chlorine Specialties, Inc.
• Seatex Ltd.
• Fluid Metering, Inc.
• The Stutz Company
• Aqua Phoenix Scientific Inc.
• Others

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Key questions answered in the Chlorine Market are:

What is Chlorine ?
What are the factors driving the Chlorine Market growth?
What are the factors are limiting the Chlorine Market growth?
What was the Chlorine market size in 2021?
Which trends are expected to generate additional revenue for the Chlorine market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Chlorine Market?
What growth strategies are the players considering to increase their foothold in the Chlorine Market?
Who held the largest market share in the Chlorine Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By mmr
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Categories Business , Consumer , Services
Tags chlorine market share , chlorine market analysis
Last Updated May 12, 2023