Chlorine Dioxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global chlorine dioxide market size reached US$ 999 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,323 Million by 2028, exhibiting a growth rate (CAGR) of 4.79% during 2022-2028.
Chlorine dioxide (CIO2) is a volatile chemical compound that consists of one chlorine atom and two oxygen atoms. It is a yellowish-brown gas with an unpleasant odor at room temperature that dissolves in water. It is usually produced from sodium chlorite and sodium chlorate and is commonly used as an antimicrobial agent in poultry processing, disinfecting drinking water and washing vegetables and fruits. It is also utilized as a selective oxidizer and is used as an alternative to chlorine in water treatment solutions. Chlorine dioxide is effective over a broad pH range, neutralizes phenols and their derivatives and is less corrosive. As a result, it is extensively used in industrial water treatment, medical, pulp and paper processing, oil and gas, food and beverage applications.
Chlorine Dioxide Market Trends:
Rapid industrialization across the globe is one of the key factors driving the growth of the market. Chlorine dioxide is widely used for treating wastewater and removing the turbidity from water as it is a powerful disinfectant for bacteria and viruses. Additionally, the widespread product utilization in the pulp and paper industry is favoring the market growth. Chlorine dioxide is widely used as a bleaching agent to produce paper with high brightness. Moreover, the increasing utilization of biocide technology is providing a thrust to the market growth. The technology is based on chlorine dioxide to treat industrial cooling water systems and provide safety interlocks, real-time monitoring and enhanced cost-effectiveness. Other factors, including the rising product demand in the food and beverage industry to control pathogenic and spoilage microorganisms, along with the extensive product utilization to sterilize medical and laboratory equipment, is anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global chlorine dioxide market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, method and application.
Breakup by Type:
Liquid Stabilized Chlorine Dioxide
Solid Stabilized Chlorine Dioxide
Breakup by Method:
Electrolytic Method
Chemical Method
Breakup by Application:
Industrial Water Treatment
Pulp and Paper Processing
Oil and Gas
Medical
Food and Beverages
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accepta LLC, AquaPulse Systems, CDG Environmental LLC, Ecolab Inc., Evoqua Water Technologies LLC, Grundfos Pumps Corporation, Iotronic Elektrogerätebau GmbH, ProMinent GmbH, Sabre Technologies LLC, Tecme Srl and Vasu Chemicals LLP.
Key Questions Answered in This Report
1. How big is the global chlorine dioxide market?
2. What is the expected growth rate of the global chlorine dioxide market during 2023-2028?
3. What are the key factors driving the global chlorine dioxide market?
4. What has been the impact of COVID-19 on the global chlorine dioxide market?
5. What is the breakup of the global chlorine dioxide market based on the type?
6. What is the breakup of the global chlorine dioxide market based on the method?
7. What is the breakup of the global chlorine dioxide market based on the application?
8. What are the key regions in the global chlorine dioxide market?
9. Who are the key players/companies in the global chlorine dioxide market?