In 2022, the world chlorine market is estimated at 14.35 billion US dollars. The market is forecast to reach nearly US$ 21,862.3 million by 2032, with an increasing CAGR of 4.3% from 2022 to 2032. Chlorine is yellowish-green in color and exists in a gaseous state at average temperature .
It is the second lightest member of the halogen family. The demand for chlorine is increasing with increasing applications in the pharmaceutical and agrochemical industries. Increasing demand for end-use segments such as polyvinyl chloride (PVC) and ethylene dichloride (EDC) continues to drive growth in the global chlorine market.
This Chlorine market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.
Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Digital Instrument Clusters market.
Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-591
Chlorine, the second-highest lightest chemical of halogen family scientifically appears between fluorine and bromine in periodic table of chemistry. Most Important compound derived from chlorine is common salt. Chlorine was first synthesized around 1630 in a series of chemical reaction.
Chlorine Market outlook
Chlorine is most vital substance used in manufacturing of PVC, chlorinated chemicals, water treatment etc. Rapid advancement in chemical engineering is serving as a catalyst to chemical market.
Chlorine is considered as a most valuable chemical in industry and expected to maintain the same trajectory. It has contributed immensely to the growth of numerous industries across globe and will continue to be pioneering chemical industry. The market is expected to grow with CAGR of 4.9 percent during the forecast period.
Key Players Benchmarking The Chlorine Market
- BASF SE
- Olin Corporation
- The Dow Chemical Company
- Occidental Petroleum Corporation
- Ercros
- PPG Industries
- Hanwha Chemical Corporation
- Formosa Plastics Corporation
- De Nora
- Ineos Group Ltd
- INOVYN
- Tata Chemicals Limited
- Xinjiang Zhongtai Chemicals Co.Ltd
- Tosoh Corporation
An Eye On The Start-Ups
The chlorine start-ups are generating several processor solutions in the market by making use of latest technology to decrease costs and render energy without harming the environments in the past years.
NX Filtration, Dutch start-up develops hollow fibre membranes and modules for nanofiltration and ultrafiltration. Its Ultra range of ultrafiltration membrane is based on modified polyethersulfone (PES) chemistry that retains microorganisms, yeast, and floating particles while enabling proteins, salts, and small organic molecules. Moreover, these membranes have superior chlorine tolerance, pH and enable higher control of the membrane fouling rate.
Key Segments Of The Chlorine Market
By Application:
- Isocyanates and Oxygenates
- EDC/PVC
- Inorganic Chemicals
- Chloromethanes
- Solvents and electrolysis
- Pharmaceuticals
- Electronics
By End Use:
- Paper and Pulp
- Water Treatment
- Chemicals
- Plastics
- Pesticide
- Durable Pipes
Before Buying, Visit for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-591
Chlorine Market: Regional Analysis
In-depth analysis reveal that North America is leading the market, followed by Europe and Asia-Pacific. Middle east and Latin America are emerging as an attractive market for chlorine and derived products.
Developing nations like China and India where rapid urbanization is contaminating ground water. Chlorine water treatment plants are highly demanding in these countries which account for 3 billion of world population altogether.
Furthermore, cleanliness and sanitation are being considered as a top priority in developing nations, chlorine is a fundamental substance used in all public sanitation program and cleanliness drive.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
