Chlor-alkali is one of the excellent surface disinfectants that has been used to reduce the growth of microbial activity and growth of the surface, reducing the chance of any kind of bacterial or fungal infection. The chlorine production in the chlor-alkali process is used as disinfectants that are available in either liquid or solid form as sodium hypochlorite or calcium hypochlorite, respectively. In the U.S., chlorine products are aqueous solutions of sodium hypochlorite that has been used most commonly as household bleach that reduces a microbial activity without leaving any residue or by making the water hard to use further.
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Global Chlor-Alkali Market was valued at USD 63.2 billion in 2021 and is expected to reach USD 90.57 billion by 2029, registering a CAGR of 4.6% during the forecast period of 2022-2029. Several advantages associated with chlor-alkali products are the rise in demand for chlor-alkali products as disinfectants for the treatment of water. Hence the production of chlor-alkali is done at a larger scale by the manufacturers to fulfill the rising demand of customers. Therefore, to meet the growing demand for chlor-alkali products, some companies are expanding their production capacities in different regions to grow their market for chlor-alkali.
Increase in demand of alkali chemicals in alumina industry across the world will drive the market's growth rate
Alkali chemicals are soluble hydroxides of metals of alkali sodium, and potassium, among others that are caustic in nature that is not corrosive to organic tissues. Alkali chemicals are soluble in water that makes the litmus paper turns blue having a range of pH between 7.1 to 14. The most common alkali chemicals are sodium and potassium hydroxides, chlorine, and soda ash. Thus, the rise in soda ash's production capacity has led to increased use of soda ash in different industries. Therefore, the rise in the use of alkali chemicals in water treatment and detergent industry is driving the growth of the global chlor-alkali market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Caustic Soda Flakes, Caustic Soda Lye, Others), Product (Chlorine, Sodium Hydroxide and Potassium Hydroxide, Caustic Soda, Sodium Hypochlorite, Vinyl Chloride Monomer, Hydrogen Chloride, Others), Production Process (Membrane Cell Process, Diaphragm Cell Process and Mercury Cell Process), Distribution Channel (B2B/Direct Sales, Warehouses, E-Commerce, Specialty Stores, Others), End-User (Soaps and Detergents, Paper and Pulp, Pharmaceuticals, Organics, Inorganics, Textiles, Water Treatment, Chemical Processing, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Olin Corporation (U.S.), Westlake Corporation (U.S.), Tata Chemicals Ltd (India), Occidental Petroleum Corporation (U.S.), Formosa Plastics Corporation (Taiwan), Solvay (Belgium), Tosoh Corporation (Japan), Hanwha Solutions Corporation (South Korea), Nirma Limited (India), AGC, Inc. (Japan), Dow (U.S.), Xinjiang Zhongtai Chemical Co. Ltd. (China), INOVYN (UK), Ciner Resources Corporation (U.S.), and Wanhua-Borsodchem (Hungary)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
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Segment Analysis:
The chlor-alkali market is segmented on the basis of type, product, production process, distribution channel and end-user.
- On the basis of type, the market is segmented into caustic soda flakes, caustic soda lye and others. In 2021, caustic soda flakes dominated the market with 57.00% market share because of rise in demand of caustic soda flakes in glass industry, and metal processing among others.
In 2021, the caustic soda flakes segment of type segment is anticipated to dominate the chlor-alkali market.
- In 2021, the caustic soda flakes segment of this market will dominate the chlor-alkali market because of the rise in demand for caustic soda flakes in the glass industry and metal processing. The caustic soda flakes segment is expected reach the highest CAGR of 6.2% in the forecast period of 2021-2028.
- On the basis of product, the market is segmented into chlorine, sodium hydroxide and potassium hydroxide, caustic soda, sodium hypochlorite, vinyl chloride monomer, hydrogen chloride and others. In 2021, caustic soda dominated the market with 37.93% market share because of rise of caustic soda in paper and pulp and in food industry.
- On the basis of production process, the market is segmented into membrane cell process, diaphragm cell process and mercury cell process. In 2021, membrane cell process dominated the market with 59.78% market share because membrane cell process as it consumes less energy with low capital investment.
In 2021, the membrane cell process segment is projected to hold the largest share of production process segment in the chlor-alkali market
In 2021, the membrane cell process segment is dominated global chlor-alkali market because membrane cell process as it consumes less energy with low capital investment.
- On the basis of distribution channel, the market is segmented into B2B/ Direct sales, warehouses, e-commerce, specialty stores and others. In 2021, e-commerce dominated the market with 45.34% market share because e-commerce help provide a range of products that can be easily accessible to the consumers.
- On the basis of end-user, the market is segmented into soaps and detergents, paper and pulp, pharmaceuticals, organics, inorganics, textiles, water treatment, chemical processing and others. In 2021, chemical processing dominated the market with 22.93% market share because of the rise in demand for chemicals used in different industries.
Major Players
Data Bridge Market Research recognizes the following companies as the market players in market: Olin Corporation (U.S.), Westlake Corporation (U.S.), Tata Chemicals Ltd (India), Occidental Petroleum Corporation (U.S.), Formosa Plastics Corporation (Taiwan), Solvay (Belgium), Tosoh Corporation (Japan), Hanwha Solutions Corporation (South Korea), Nirma Limited (India), AGC, Inc. (Japan), Dow (U.S.), Xinjiang Zhongtai Chemical Co. Ltd. (China), INOVYN (UK), Ciner Resources Corporation (U.S.), and Wanhua-Borsodchem (Hungary).
Market Development
- In 2022,the chlor-alkali plant in La Porte, Texas, entred into an expansion and modernisation project for USD 1.1 billion, according to OxyVinyls, the chemical arm of Occidental Petroleum. According to the company's plan, existing system equipment and procedures will be expanded and improved, and new equipment that makes better use of membrane cell technology will be integrated.
- In 2021, the Koyuncu Group chose INOVYN to provide chlor-alkali technology as part of a EUR 16 million (about USD 17.02 million) investment in a new production facility in the Turkish province of Konya. Modern BICHLOR bipolar electrolyzers from INOVYN will be used in a new plant that will make hydrochloric acid, sodium hypochlorite, caustic soda, and chlorine. The new factory will have a 50,000-ton annual production capacity and is anticipated to open in 2019.
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in chlor-alkali market during the forecast period 2022 to 2029
During the projection period of 2022–2029, North America will maintain its dominance over the market in terms of revenue and market share. The increasing use of chlor-alkali in the local textile industry is to blame for the market expansion in this area.
Asia-Pacific is estimated to be the fastest growing region in chlor-alkali market the forecast period 2022 to 2029
In contrast, the Asia-Pacific area is anticipated to develop profitably between 2022 and 2029 due to the region's high demand for disinfection chemicals like chlor-alkali in the paper and pulp sector. With more urbanization and increased use of chlor-alkali, China is the market leader in Asia-Pacific.
COVID-19 Impact
The chlor-alkali market suffered as a result of the current coronavirus outbreak. Certain production operations have been put on hold as a precaution. Supply chain interruptions impacted chlor-alkali and other end-use sectors, and the majority of applications saw a decline in demand of more than 5%. Worldwide, a number of growth projects have been put on hold, which has caused a decline in the demand for chlor-alkali. Consumption of synthetic, organic, and inorganic chemicals has sharply declined worldwide. The epidemic has caused numerous construction and infrastructure projects to be paused or delayed all around the world. As a result, PVC is in less demand globally, which has an impact on the chlorine sector. The fall in the auto sector further reduced the need for glass and polymers.
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