Global Chlorine Market Segmentation, By Application (EDC or PVC, C1 and C2 Aromatics, Inorganic Chemicals, Organic Chemicals, Chlorinated Intermediaries, Isocyanates, Propylene Oxide, Pulp and Paper, Textiles, Water Treatment, Others), End-User (Water Treatment, Pharmaceutical, Chemical, Paper and Pulp, Plastic, Pesticides and Others) – Industry Trends and Forecast to 2031.
Chlorine Market Analysis
Chlorine is utilized in a variety of products, including pulp and paper, textiles, water treatment, isocyanates, chlorinated intermediates, organic and inorganic chemicals, isocyanates, and propylene oxide. Chlorine is a popular water treatment chemical because it is a powerful disinfectant. The need for chlorine in water treatment is anticipated to increase with the growth of the residential sector and the industrial water treatment industry.
Chlorine Market Size
Global Chlorine Market size was valued at USD 31.95 billion in 2023 and is projected to reach USD 56.68 billion by 2031, with a CAGR of 7.43% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Chlorine Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Key Market Players
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Akzo Nobel N.V. (Netherlands), Formosa Plastics Corporation (Taiwan), Hanwha Solutions Chemical Division Corporation (Korea), Ineos Group Limited (U.K.), Occidental Petroleum Corporation (U.S.), Olin Corporation. (U.S.), PPV AG (Germany), Tata Chemicals Ltd. (India), DOW (U.S.), Tosoh Corporation (Japan), Chlorine Specialties, Inc. (U.S.), SEATEX LLC. (U.S.), Ercros S.A (Spain), Fluid Metering Inc. (U.S.), The STUTZ Company (U.S.), AquaPhoenix Scientific Inc. (U.S.), BASF SE (Germany), Westlake Chemical Corporation. (U.S.), PACKED CHLORINE LTD. (U.K.), Aditya Birla Chemicals (India), Jana Overseas (India), Vynova Group (Belgium), Nouryon (Nethelands), BONDALTI (Portugal), Kemira (Finland), Vinnolit GmbH & Co. KG (Germany), INOVYN (U.K.), Gujarat Alkalies and Chemical Limited. (India), BENGAL Gases (India), among others
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Market Opportunities
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Chlorine Market Definition
Chemical element chlorine is a potent oxidizing agent utilized in the production of several goods in a variety of industries, including security and transportation, technology, health and safety, and nutrition. Sodium chloride, widely known as table salt, is the chlorine compound that is used most frequently. Chemically basic water may be used to dissolve elemental chlorine, which can then be used as disinfectants and anti-putrefaction agents.
Chlorine Market Dynamics
Drivers
- PVC is in greater demand for use in manufacturing applications related to building, automobiles, and composites
PVC is a material that is frequently used in infrastructure, building, and construction. Building components used in construction and utilities are frequently polymeric, either whole or in part. This may be used in a variety of products, including coatings, pipe systems, seals, wall panels, and roofing materials.
PVC comes in two different varieties: hard resins and flexible resins. With key end uses in fittings, pipe and fittings, windows, fences, roof tiles, and vehicle parts, rigid resins offer the majority of development potential. Shower curtains, wire and cable coating, film and sheeting, flooring, and synthetic leather items are all uses for flexible PVC. The metal cleaning, textile, and adhesives industries all utilize EDC as a solvent.
- Increasing end-use industry demand
Some of the reasons driving the expansion of the worldwide chlorine market include the growing chemical industry in developed nations, expanding end-user sectors, more manufacturing facilities, increased demand from the pharmaceutical industry, and increased demand from water treatment facilities. Chlorine is a crucial component in the production of pharmaceuticals. Future demand for prescript medicines is predicted to be driven by the rising prevalence of chronic diseases, an increase in respiratory infections, non-communicable diseases, gastrointestinal disorders, and sexually transmitted diseases.
Opportunities
- The crucial function of the chemical sector in rising economies
Today, the chemical sector is crucial to the development of a country's economy and considerably increases GDP. This is ascribed to the chemical industry's contribution to the production of a variety of necessary goods, including packaging, construction materials, food, drinks, and life-saving medical treatment. One of the main users of chlorine is the chemical industry, which produces a variety of organic and inorganic compounds, most notably hydrochloric acid and titanium dioxide. During the forecast period, emerging economies, including China, India, Brazil, Indonesia, and Thailand among others, are anticipated to experience a significant number of growth possibilities, therefore assisting the expansion of the chlorine market.
Restraints/Challenges
- Limitations on the use of chlorine
Chlorine is perfect for use in a range of end-use sectors, including the chemical, construction, and others, thanks to its exceptional durability, melting point, and beneficial characteristics. Its commercial expansion is nonetheless constrained since a certain body has control over how it is used. For instance, chlorine is poisonous and may be dangerous, according to the safety regulations for its application in water treatment facilities in India. In a facility for processing and storing chlorine, a catastrophe might occur suddenly. Furthermore, it says that such occurrences should be anticipated and that a strong mechanism should be in place to handle them effectively. Similar prohibitions on the use of chlorine are severely restricting market growth in other regions of the world.
This chlorine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chlorine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Chlorine Market Scope
The chlorine market is segmented on the basis of application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- EDC or PVC
- C1 and C2 Aromatics
- Inorganic Chemicals
- Organic Chemicals
- Chlorinated Intermediates
- Isocyanates
- Propylene Oxide
- Pulp And Paper
- Textiles
- Water Treatment
- Others
End-User
- Water Treatment
- Pharmaceutical
- Chemical
- Paper And Pulp
- Plastic
- Pesticides
- Others
Chlorine Market Regional Analysis
The chlorine market is analyzed and market size insights and trends are provided by country, application and end-user as referenced above.
The countries covered in the chlorine market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
Asia-Pacific is expected to dominate the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2023-2030. This is due the rising demand for PVC. Furthermore, the increasing demand from various end-use industries will further boost the growth of the chlorine market in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Chlorine Market Share
The chlorine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chlorine market.
Chlorine Market Leaders Operating in the Market Are:
- Akzo Nobel N.V. (Netherlands)
- Formosa Plastics Corporation (Taiwan)
- Hanwha Solutions Chemical Division Corporation (Korea)
- Ineos Group Limited (U.K.)
- Occidental Petroleum Corporation (U.S.)
- Olin Corporation. (U.S.)
- PPV AG (Germany)
- Tata Chemicals Ltd. (India)
- DOW (U.S.)
- Tosoh Corporation (Japan)
- Chlorine Specialties, Inc. (U.S.)
- SEATEX LLC. (U.S.)
- Ercros S.A (Spain)
- Fluid Metering Inc. (U.S.)
- The STUTZ Company (U.S.)
- AquaPhoenix Scientific Inc. (U.S.)
- BASF SE (Germany)
- Westlake Chemical Corporation. (U.S.)
- PACKED CHLORINE LTD. (U.K.)
- Aditya Birla Chemicals (India)
- Jana Overseas (India)
- Vynova Group (Belgium)
- Nouryon (Nethelands)
- BONDALTI (Portugal)
- Kemira (Finland)
- Vinnolit GmbH & Co. KG (Germany)
- INOVYN (U.K.)
- Gujarat Alkalies and Chemical Limited. (India)
- BENGAL Gases (India)
Latest Developments in Chlorine Market
- In January 2023, a joint venture between Covestro AG and LANXESS was created to generate more environmentally friendly raw materials by cutting CO2 emissions by up to 120,000 tons annually. As part of the joint venture, Covestro's ISCC PLUS-certified locations in Leverkusen and Krefeld-Uerdingen will supply LANXESS with chlorine, caustic soda, and hydrogen
- In August 2022, the chlor-alkali production unit of Occidental Petroleum Corporation requested USD 1.1 billion for a chemical upgrade and technology expansion. Beginning in 2023, development on this project will result in the continued production of chlorine and caustic soda
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