Chlorine Market analysis of effective business strategies 2018 to 2027

 Chlorine derivatives are used for various applications like disinfection bleaching, organic chemicals, inorganic chemicals, and metal separation. Chlorine is an efficient disinfectant and is widely used for water treatment processes. Growing residential sector and industrial water treatment industry is predicted to propel demand for chlorine in water treatment.

The global chlorine market is predicted to exhibit significant growth over the forecast period, due to increasing demand for chlorine from end-use industry. sodium hydroxide from chlorine industry is employed for pulping wood chips and compounds of chlorine are wont to bleach wood and paper pulp in paper production process. Therefore, growing paper industry is additionally expected to fuel growth of the chlorine market. consistent with Confederation of European Paper Industries, pulp and paper industry turnover in Europe was over US$ 94 million in 2016, with 0.4% increase from 2015.

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Market Dynamics

Among end-use industry, chemical segment accounted for the very best market share of 53.7% in 2017 and it’s expected to extend during the forecast period. Chlorine is employed in plastic and chemical synthesis. as an example , titanium tetrachloride — an inorganic chemical — is further processed to make titanium oxide — which is employed primarily as a filler in pulp and paper manufacturing and as a pigment in paint and plastics manufacturing. Various inorganic chlorides are utilized in agriculture. as an example , phosphorus and sulfur chlorides are used as an intermediate for agrochemicals like pesticides and herbicides. consistent with the India Brand Equity Foundation (IBEF), agrochemical sector in India was valued at US$ 2.2 billion in 2017 and it’s expected to succeed in US$ 7.5 billion by 2019, witnessing a CAGR of 13.18% during the forecast period (2013–2019).

North America accounted for the third largest market share within the global chlorine market in 2017. this is often due to increasing demand for chlorine from end-use industries like pharmaceutical, chemical, and paper and pulp. Chlorine is widely employed by pharmaceutical industry for drug synthesis. consistent with American Chemistry Council, in 2012, chlorine and its derivatives were utilized in manufacturing widely sold 100 pharmaceuticals and chlorine was used for manufacturing a minimum of 88% of the prescription pharmaceuticals sold within the U.S. and Canada in 2016. Therefore, growing pharmaceutical industry within the U.S. is another factor driving growth of the chlorine market. consistent with the International Trade Association (ITA), the entire pharmaceutical sales in 2016 was valued at US$ 333 billion within the U.S.

Detailed Segmentation:

Global Chlorine Market, By Derivative:

PVC

Propylene Oxide and Epichlorohydrin

Phosgene

C1 Derivatives

Others

Global Chlorine Market, By Application:

Disinfection

Bleaching

Organic Chemicals

Inorganic Chemicals

Metal Separation

Global Chlorine Market, By End-use Industry:

Water Treatment

Plastic

Paper & Pulp

Chemical

Mining

Others

Key companies covered as a part of this study 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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