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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 2022-2029

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

 

KEY INDUSTRY INSIGHTS

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.


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 market growth.


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 market growth.


Key Market Driver -

Increasing demand from various end-user industries.

Key Market Restraint -

Toxic nature


Market Segmentation:


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 market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global Chlorine market consists of global & regional players operating. Some of the key players in the market include Nouryon, BASF, Ercros S.A., Tata Chemicals, OLIN Corporation, Formosa Plastic Corporation, INEOS, and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Chlorine Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market 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.


  • Ongoing
  • 2021
  • 2018-2020

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