Global Chlorine Market 2024-2028
The chlorine market is forecasted to grow by USD 7442.74 mn during 2023-2028, accelerating at a CAGR of 3.77% during the forecast period. The report on the chlorine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing use of chlorine in the pharmaceutical industry, rising demand for chlorine from the water and wastewater treatment industry, and extensive use of PVC in the construction industry.
Technavio's chlorine market is segmented as below:
By Application
- EDC/PVC
- Organic chemicals
- Isocyanates
- Chlorinated intermediates
- Others
By End-user
- Water treatment
- Pharmaceutical
- Chemical
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the market consolidation through m and as one of the prime reasons driving the chlorine market growth during the next few years. Also, the expansion of chlorine production units and initiatives by nonprofit organizations will lead to sizable demand in the market.
The report on the chlorine market covers the following areas:
- Chlorine market sizing
- Chlorine market forecast
- Chlorine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chlorine market vendors that include Aditya Birla Management Corp. Pvt. Ltd., Akzo Nobel NV, Banner Chemicals Ltd., BASF SE, Covestro AG, ERCO Worldwide, Ercros SA, Formosa Plastics Corp., Hanwha Corp., INEOS Group Holdings SA, Kemira Oyj, Nouryon Chemicals Holding BV, Occidental Petroleum Corp., Olin Corp., Tata Chemicals Ltd., Tosoh Corp., Vizag Chemical International, Vynova Beek BV, Westlake Corp., and Gujarat Alkalies and Chemicals Ltd.. Also, the chlorine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.