Market Analysis: Global Chlorine Market
The Global Chlorine Market accounted for USD 29.50 billion in 2016 and is projected to grow at a CAGR of 6.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Chlorine Market
The pure chemical element of chlorine has the physical form of a diatomic green gas. The name chlorine is derived from chloros, meaning green, referring to the color of the gas. Chlorine gas is heavier than air, has an intensely disagreeable suffocating odor, and is exceedingly poisonous. In both, the liquid and solid forms, it is a powerful oxidizing, bleaching, and disinfecting agent. There is a growing demand for chlorine in water treatment, pharmaceutical, chemical, paper & pulp, plastic, pesticides industrial activity, which is expected to be one of the major drivers of the market over the next seven years.
Major Market Drivers:
- High demand in pharmaceuticals and agrochemicals sector
- Increasing demand of PVC, mainly from Construction sector
- Stringent government regulations
- Harmful environmental Impact
Market Segmentation: Global Chlorine Market
The chlorine market is segmented on the basis of application into EDC/PVC, water treatment chemicals, C1/C2 aromatics, organic chemicals, inorganic chemicals, propylene oxide, pulp & paper and others.
On the basis of production process, the market is segmented into diaphragm process, membrane cell process, mercury cell process and others.
On the basis of end-user, the market is segmented into water treatment, pharmaceutical, chemical, paper & pulp, plastic, pesticides and others.
On the basis of geography, the chlorine market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Chlorine Market
The global chlorine market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Chlorine Market
Some of the major players in chlorine market include Akzo Nobel N.V., Formosa Plastics Corporation, Hanwha Chemical Corporation, Ineos Group Limited, Occidental Petroleum Corporation, OLIN Corporation, PPV AG, Tata Chemicals Ltd., The DOW Chemical Company, Tosoh Corporation, Chlorine Specialties, Inc., Seatex Ltd., Fluid Metering, Inc., The STUTZ Company, AquaPhoenix Scientific Inc., BASF, Westlake Chemical, Packed Chlorine and many more.
Research Methodology: Global Chlorine Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.