"Innovative Market Solutions to Help Businesses Make Informed Decisions"
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 -
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.
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.
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.
To gain extensive insights into the market, Request for Customization
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry