Chlorine Market size was valued at US $19.06 billion in 2023, and the revenue is projected to grow at a CAGR of 4.87% from 2024 to 2030, reaching nearly US $26.59 billion. The report provides an analysis of the market dynamics, segmented by region and type.
Chlorine Market Overview:
Chlorine is a versatile chemical element widely used across various industries, including security, transportation, technology, health, safety, and nutrition. Sodium chloride, commonly known as salt, is the most recognized chlorine compound. Elemental chlorine, when dissolved in basic water, serves as a disinfectant and preservative. This report examines chlorine’s market segmentation by application type, end-use industry, process type, and geographic regions.
Polyvinyl chloride (PVC), which contains 57% chlorine, is a durable and moisture-resistant material. The increasing demand for PVC in industries like automotive, packaging, and construction is a significant factor driving the growth of the chlorine market.
Access comprehensive details about this research at this link:https://www.stellarmr.com/report/req_sample/Chlorine-Market/346
Chlorine Market Dynamics:
Chlorine’s Role in Water Disinfection:
The World Health Organization (WHO) has endorsed chlorine as a primary disinfectant for water purification. Chlorine effectively kills bacteria in water, with levels up to 4 milligrams per liter deemed safe for residential and industrial use. Governments, non-profits, and corporations globally are working on water purification projects to provide safe drinking water across various sectors, such as residential, industrial, and recreational activities. The US Environmental Protection Agency (EPA) has also approved the use of chlorine and chloramine in water treatment plants, which is helping to support the chlorine market, especially in areas facing water shortages.
Chlorine’s Growing Demand in Pharmaceuticals and Personal Care:
Chlorine is an essential chemical in numerous industries, particularly pharmaceuticals. It is a key component in the production of medications for conditions like asthma, high blood pressure, epilepsy, inflammation, and anemia. As the global demand for medications rises due to an increasing number of patients, the pharmaceutical industry’s need for chlorine is also on the rise, contributing to the growth of the chlorine market.
Chlorine in Agricultural Chemicals:
Chlorine plays a crucial role in the production of crop protection chemicals, which are vital for enhancing agricultural yield and output. The agricultural sector’s demand for chlorine-based chemicals, which help provide essential nutrients to plants, is positively influencing the chlorine market’s growth.
Chlorine Market Segmentation:
By Application Type: The Ethylene Dichloride (EDC) segment led the market in 2023, accounting for 35.67% of global chlorine revenue. The segment is anticipated to maintain growth throughout the forecast period, driven by the rising demand for PVC in the construction industry, with an estimated CAGR of 4.80%.
by Application Type
Ethylene Dichloride (EDC)
Organic Chemicals
Inorganic Chemicals
Chlorinated Intermediates
Chlorine Aromatics
Others
by End-use Industry
Water Treatment Plant
Pharmaceutical
Chemical
Plastic
Others
by Process Type
Mercury cell process
Membrane cell process
Diaphragm process
Explore in-depth findings on this study by visiting this webpage:https://www.stellarmr.com/report/req_sample/Chlorine-Market/346
Chlorine Market Regional Insights:
In 2023, the Asia Pacific region dominated the global chlorine market, accounting for over 76.23% of total revenue. The region’s rapid growth is attributed to increased construction spending in countries like China, India, Indonesia, and Thailand, which is boosting chlorine demand. The Asia Pacific market is projected to expand at the highest rate, with a CAGR of 4.72% during the forecast period, driven by sustained demand in the construction and chemical industries. This trend is expected to significantly contribute to the overall growth of the chlorine market.
Market Key Players:
Ercros S.A (Spain)
BASF SE (Germany)
Olin Corporation (United States)
PPG Industries (United States)
FMC Corporation (United States)
Hanwha Chemical Corporation (South Korea)
Tata Chemicals Ltd. (India)
Tosoh Corporation (Japan)
Occidental Petroleum Corporation (United States)
Westlake Chemical Corporation (United States)
Israel Chemicals (Israel)
Norfolk Southern Corporation (United States)
Xinjiang Zhongtai Chemicals Co. Ltd. (China)
Others
Click here to access the complete study on this topic:https://www.stellarmr.com/report/Chlorine-Market/346
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- 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
Our Trending Related Report :
Freeze-Dried Food Market https://www.stellarmr.com/report/Freeze-Dried-Food-Market/807
Switchable Smart Film Market https://www.stellarmr.com/report/Switchable-Smart-Film-Market/1008
Toothpaste Market https://www.stellarmr.com/report/Toothpaste-Market/1012
USB Device Market https://www.stellarmr.com/report/USB-Device-Market/1014
Web Scraper Software Market https://www.stellarmr.com/report/Web-Scraper-Software-Market/1017
About Stellar Market Research:
Stellar 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.
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
