Global Chlorine Market is segmented by application (EDC/ PVC, C1 & C2 Aromatics, Inorganic Chemicals, Organic Chemicals, Chlorinated Intermediates, Others), by end use (Water treatment plant, Pharmaceutical, Chemical, Plastic and Others), by process (Mercury cell process, Membrane cell process, Diaphragm process)and by region(North America, Europe, Asia Pacific, Middle East & Africa and Latin America). Global Industry analysis and forecast 2018-2026. Published By: Maximize Market Research.Global Chlorine Market was valued US$ 32.5 Bn in 2017 and is anticipated to reach US$ 54.7 Bn by 2026 at a CAGR of about 6.7 % during a forecast period.
According to the study researchers, growth in the market will be driven by huge demand from the pharmaceutical industry, water treatment plants and plastic industry. Growing demand for polyvinyl chlorine (PVC) from the construction, packaging, and automobile sectors of the chlorine will accelerate the growth of chlorine market across globe. Safety norms of handling and transporting chlorine due its highly combustive nature is hampering the growth of global chlorine market. Depletion of the upper atmosphere ozone layer from several prominent end uses for chlorine have negative impact on the chlorine market.
Ethylene dichloride (EDC)/Polyvinyl chloride (PVC) dominates the chlorine Market.
Polyvinyl chloride is the world’s third-most widely produced synthetic plastic polymer, after polyethylene and polypropylene. Chlorine demand is proportional to Polyvinyl chloride demand.
Pharmaceutical Industry is holding maximum share of chlorine market.
Chlorine plays an important role in manufacture of drugs. Medical drugs containing chlorine are prescribed for treating a number of diseases and conditions which include inflammation, epilepsy, asthma, high blood pressure, and anaemia. Chlorine chemistry is popular to the wide majority of top-selling pharmaceuticals. 93% of the top-selling drugs uses chlorine chemistry in drug manufacturing.
Asia-Pacific dominates the chlorine market with around 50% market share
Growth in plastics and chemical industries will drive the chlorine market in Asia Pacific market while Europe market for chlorine will be driven by Pharmaceutical Industry and chemical industries in forecast period.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Ercros S.A, Olin Corporation, BASF SE, PPG Industries, Occidental Petroleum Corporation, FMC Corporation, Hanwha Chemical Corporation, Ineos Group Ltd., Tata Chemicals Ltd., and Tosoh Corporation. Occidental Petroleum Corporation, and Tosoh Corporation are key players involved in the global chlorine market.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Global Chlorine Market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in theGlobal Chlorine Market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Chlorine Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on ”Global Chlorine Market”
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