| Chlorine derivatives are utilized for different applications, for example, sterilization blanching, natural synthetic substances, inorganic synthetic compounds, and metal detachment. Chlorine is a proficient sanitizer and is generally utilized for water treatment processes. Developing private area and modern water treatment industry is relied upon to impel interest for chlorine in water treatment.
The worldwide chlorine market is relied upon to display huge development over the estimate time frame, attributable to expanding interest for chlorine from end-use industry. Acidic soft drink from chlorine industry is utilized for pulping wood chips and mixtures of chlorine are utilized to dye wood and paper mash in paper creation process. In this way, developing paper industry is likewise expected to fuel development of the chlorine market.
Global Chlorine Market - Trends, COVID-19 impact and Growth Forecasts to 2026
ChemIntel360’s global Chlorine market study is a 130 slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective. The industry is expected to grow at a CAGR of 3.2% mainly due to increasing consumption of the chemical in the crop protection products. Additionally, it is increasingly being utilized in the manufacture of Polvinyl Chloride for end use industries such as automotive, construction and packaging.
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Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (EDC/PVC, Solvents, Inorganic Chemicals, Organic Chemicals, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Chlorine market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$32.3 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
On the basis of region
Regional level segmentation is done for chlorine that include North America, Asia-Pacific, Europe and Rest of the World (which include South America and Africa) and further for key countries in each region that include the U.S., China, India, Japan, Germany, France, Russia.
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Competitive Landscape
Major players operating in the global chlorine market include, BASF SE, Occidental Chemical Corporation, Ercros SA, Ineos Group Ltd., Olin Corporation, PPG Industries, Tosoh Corporation, Dow Chemical Company, Westlake Chemical Corporation, Solvay S.A., Akzo Nobel N.V., and Covestro AG
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