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Pulished Date August, 2021
ID: 12004
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Global Chlorine Market Segmentation by Application (Solvents, Inorganic chemicals, EDC/PVC, Isocyanates & oxygenates, Chloromethane and Others); By End-Use (Water Treatment, Pulp & Paper, Plastics, Pharmaceuticals, Pesticides, and Others); and Region - Industry Forecast of 2021 to 2026

Pulished: August, 2021
ID: 12004
Pages: 180

Global Chlorine Market Value and Growth:

The global Chlorine Market  was worth US$ 72.6 million in 2021, and it is estimated to reach a valuation of US$ 106.8 million by the end of 2026, expanding at a CAGR of 3.6% during 2021 and 2026.

In the manufacturing process of paper bags, packaging, and sterile tubing, chlorine plays an important element in this procedure. Annually, the production capacity of chlorine may be estimated to produce about 60 million metric tons. The demand for chlorine is set to increase day by day due to its heavy consumption by all the major sectors include pulp & paper, solvents, PVC, and many more. Chlorine is a yellow green gas and a chemical element that is highly reactive and acts as a strong oxidizing agent. In most of the experiments, chlorine plays a major key role which involves in the process of heating chloride salts. Generally, due to its strong reactive nature, chlorine is in the form of ionic compounds. 

Chlorine Market Trends:

Chlorine is majorly used for the killing of disinfectants in water and sanitization, which drive the growth of the chlorine market in upcoming years, and also, as per the government regulations, chorine should be utilized up to 4 mg per liter for domestic and industrial purposes.

Recent Developments in the Chlorine Market

  • On July 1st, 2021, OLIN Corporation announced that it had signed an agreement with

  • ASHTA Chemicals, Inc. to acquire and vend the chlorine that is being produced.

Chlorine Market Drivers:

The demand for chlorine usage for protecting drinking water, for pharmaceutical & personal industries, for defense & law enforcement, and for crop chemicals protection fuels the chlorine market during the forecast period. On the analysis of government standards, chlorine should be of 4mg in drinking water and for domestic and industrial purposes. For treating plants, chloramine and chlorine are used that boosts the market growth. Since chlorine is used in many industries, pharmaceuticals cannot satisfy with enough chlorine but require more in the preparation of medical drugs. Experts say that medical drugs prepared by using chlorine can cure asthma, inflammation, blood pressure, anemia, and also epilepsy which further drives the growth of the market. Protection of the army is most important, so manufacturers make use of chlorine in rocket propellants, night-vision goggles, bullet-resistant glass, and many more for army safety. For crop protection, the chemicals used mostly consist of chlorine to increase crop yield that propels the market growth.

Chlorine Market Restraints

Chlorine consists of combustive nature, which it is difficult for safety norms and transportation, and also the depletion of the ozone layer of the earth’s crust from various end-users of chlorine hinders the chlorine market growth in the upcoming years.

Opportunities in the Chlorine Market:

The chlorine tends to have remarkable growth in the next coming years since these were made use for the purpose of drinking water, crop protection, defense and law, and also in pharmaceuticals and personal care. The increasing demand for chlorine in different industries would propel the market growth and act as an opportunity during the forecast period.

Challenges in the Chlorine Market 

Environmental risks and economic factors by the usage of chlorine may hamper the chlorine market growth in the upcoming years.

Chorine Market Segmentation:

By Application:

· Solvents

· Inorganic chemicals

· EDC/PVC

· Isocyanates & oxygenates

· Chloromethane 

· Others 

Depending on the application, the chlorine market is segmented into Solvents, Inorganic chemicals, EDC/PVC, Isocyanates & oxygenates, Chloromethane, and Others. Of all the mentioned applications, EDC/PVC application is dominating the market due to its adverse usage of chlorine in the process of producing EDC/PVC. It has become one of the booming factors across the globe due it high requirement in various industries, including automotive, electrical & electronics, building & construction, and many more, thereby causing growth in the market.

 By End Use:

· Water Treatment

· Pulp & Paper 

· Plastics 

· Pharmaceuticals

· Pesticides

· Others 

In the end-user segment, the water treatment segment tends to act as a predominant role in holding the largest market share during the foreseen period due to concern for safety precautions carries for water supply all over the world. Chlorine had an effective quality of killing germs which in turn was mostly used in water treatment that further propels the chlorine market growth.

Chlorine Regional Analysis:

 The Chlorine Report includes the segmentation of Regions:

  •  North America 

  •  Europe 

  •  Asia Pacific 

  •  Latin America 

  •  Middle East & Africa

The Asia Pacific tends to dominate the market during the forecast period. It is owing to the huge demand for chlorine in various firms in India and China that drives the market growth in the Asia Pacific region. The escalating awareness among the public about the water-borne diseases in India and China region makes the market grow rapidly with the highest CAGR. At the same time, North America and Europe are estimated to have significant CAGR, respectively. Despite this, Middle East & Africa are focusing on increasing the awareness among the public about the untreated water that showcases the growth in the MEA region respectively during the forecast period.

Impact of COVID-19 on Chlorine Market:

Covid-19 (novel Corona Virus Disease), which outbreak in early 2020, has been turned out as a global pandemic crisis with 15 million population getting infected and has already created the loss of over 600 thousand deaths at the global level.

It is owing to the increased emphasis on preventing the spread of covid-19 and considering the transmission measures to prevent the movement and interactions between the humans and also to prevent the spread of disease. Unfortunately, this is adversely impacted the wide range of industries and created shut down of businesses due to less or zero returns or investments. These industries are likely to take a longer time than expected to cover. The chlorine have also witnessed a decline in early May. 

Chlorine Market Key Players:

The companies covered in the report include:

 

 

1. Introduction                 

                1.1 Market Definition    

                1.2 Scope of the report 

                1.3 Study Assumptions 

                1.4 Base Currency, Base Year and Forecast Periods           

2. Research Methodology                           

                2.1 Analysis Design         

                2.2 Research Phases      

                                2.2.1 Secondary Research

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling

                                2.2.4 Expert Validation

                2.3 Study Timeline          

3. Report Overview                        

                3.1 Executive Summary

                3.2 Key Inferencees       

4. Market Dynamics                       

                4.1 Impact Analysis        

                                4.1.1 Drivers

                                4.1.2 Restaints

                                4.1.3 Opportunities

                4.2 Regulatory Environment       

                4.3 Technology Timeline & Recent Trends            

5. Competitor Benchmarking Analysis                    

                5.1 Key Player Benchmarking     

                                5.1.1 Market share analysis

                                5.1.2 Products/Service

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape      

                5.3 Joint Ventures & Collaborations        

6. Market Segmentation                              

                6.1 Chlorine Market, By Application        

                                6.1.1 Solvents

                                6.1.2 Inorganic chemicals

                                6.1.3 EDC/PVC

                                6.1.4 Isocyanates & oxygenates

                                6.1.5 Chloromethane

                                6.1.6 Others

                                6.1.7 Market Size Estimations & Forecasts (2021-2026)

                                6.1.8 Y-o-Y Growth Rate Analysis

                                6.1.9 Market Attractiveness Index

                6.2 Chlorine Market, By End-Use              

                                6.2.1 Water Treatment

                                6.2.2 Pulp & Paper

                                6.2.3 Plastics

                                6.2.4 Pharmaceuticals

                                6.2.5 Pesticides

                                6.2.6 Others

                                6.2.7 Market Size Estimations & Forecasts (2021-2026)

                                6.2.8 Y-o-Y Growth Rate Analysis

                                6.2.9 Market Attractiveness Index

7. Geographical Landscape                         

                7.1 Global Identity Governance and Administration Market, by Region    

                7.2 North America - Market Analysis (2021 - 2026)            

                                7.2.1 By Country

                               

                               

                                7.2.2 By Application

                                7.2.3 By End-Use

                7.3 Europe         

                                7.3.1 By Country

                               

                               

                               

                               

                               

                               

                                7.3.2 By Application

                                7.3.3 By End-Use

                7.4 Asia Pacific  

                                7.4.1 By Country

                               

                               

                               

                               

                               

                               

                               

                                7.4.2 By Application

                                7.4.3 By End-Use

                7.5 Latin America            

                                7.5.1 By Country

                               

                               

                               

                               

                                7.5.2 By Application

                                7.5.3 By End-Use

                7.6 Middle East and Africa           

                                7.6.1 By Country

                               

                               

                                7.6.2 By Application

                                7.6.3 By End-Use

8. Key Player Analysis                    

                8.1 The DOW Chemical Company             

                                8.1.1 Business Description

                                8.1.2 Products/Service

                                8.1.3 Financials

                                8.1.4 SWOT Analysis

                                8.1.5 Recent Developments

                                8.1.6 Analyst Overview

                8.2 OLIN Corporation     

                8.3 Occidental Petroleum Corporation (OXY)      

                8.4 Ineos Group Limited

                8.5 Tosoh Corporation  

                8.6 Formosa Plastics Corporation             

                8.7 PPV Industries           

                8.8 Hanwha Chemical Corporation           

                8.9 Tata Chemicals Limited          

                8.10 AkzoNobel NV        

9. Market Outlook & Investment Opportunities                 

Appendix                           

                List of Tables     

                List of Figures   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market .

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of By Service, Type and along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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