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Chlorine Market Size, Share & Industry Analysis, By Application (EDC/PVC, Isocyanates and Oxygenates, Chloromethanes, Solvents & Epichlorohydrin, Inorganic Chemicals, Others), By End-User (Water Treatment, Pharmaceuticals, Chemicals, Paper & Pulp, Plastic, Pesticides, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104303 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Chlorine is one of the versatile element use to produce variety of chemicals and other products. Increasing demand for chemical intermediates like hydrochloric acid, acid chlorides, hypochloric acid, metal chlorides, chloroform, and other chlorine derivatives is expected to boost the market growth. Additionally, increasing demand for EDC/PVC resins and products is anticipated to fuel chlorine market growth.


Chlorine is a chemical element with atomic number 17. The second lightest member of the halogen family, it is yellowish green in color and is in gaseous state at normal temperature. It is an extremely reactive element and acts as a strong oxidizing agent. It has highest electron-affinity and therefore readily reacts with other electron rich elements to form various compounds. 

However, chlorine is highly toxic in nature. Exposure to chlorine gas can cause severe effects on respiratory track, eyes, and skin. Due to higher density than air it accumulates at the bottom of the space. Due to high oxidizing ability it can react with flammable materials. this is expected to hinder chlorine market growth.

Up Arrow

Key Market Driver -

Increasing demand from various end-user industries.

Down Arrow

Key Market Restraint -

Toxic nature


CHLORINE MARKET Segmentation ANALYSIS:


Based on application, the global chlorine market is segmented into EDC/PVC, isocyanates and oxygenates, chloromethanes, solvents & epichlorohydrin, inorganic chemicals, and others. Based on end-user, is segmented into water treatment, pharmaceuticals, chemicals, paper & pulp, plastic, pesticides, and others.

From a geographical standpoint, the chlorine industry is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:



  • Nouryon

  • BASF

  • Ercros S.A.

  • Tata Chemicals 

  • OLIN Corporation

  • Formosa Plastic Corporation

  • INEOS

  • Others.


Key Insights



  • Key Emerging Trends – For Major Regions

  • Key Developments: Mergers, Acquisitions, Partnerships, and Others

  • Latest Technological Advancement

  • Regulatory Landscape

  • Porters Five Forces Analysis

  • Impact of COVID-19 on the Market


Regional Analysis:


The chlorine industry has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia pacific is anticipated to hold largest share in market attributed to the increasing demand for PVC from various end-user industries. Additionally, large manufacturing base for chemicals and materials in countries like China, India, Taiwan, Japan, Indonesia, South Korea and others is expected to boost market growth. North America is estimated to show substantial growth attributed to presence of large number of chemical industries. Europe is expected to show significant growth attributed to the increasing demand for chlorine derivatives from pharmaceutical sector. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

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Segmentation:






















 ATTRIBUTE

   DETAILS

By Application

  • EDC/PVC

  • Isocyanates and Oxygenates

  • Chloromethanes

  • Solvents & Epichlorohydrin

  • Inorganic Chemicals

  • Others

By End-User

  • Water Treatment

  • Pharmaceuticals

  • Chemicals

  • Paper & Pulp

  • Plastic

  • Pesticides

  • Others

By Geography

  • North America (U.S., and Canada)

  • Europe (Germany, UK, France, Italy, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Chlorine Industry Developments



  •  In November 2017, INOVYN announced its intension to invest in a new state-of-art a new cellroom at Koln, Germany for the production of chlorine and caustic soda.





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