Chlorine Market Growth, Size, Share, Trends, and Forecast 2032

Global Chlorine Market Insights

Zion Market Research has published a report on the global Chlorine Market, estimating its value at USD 29.58 Billion in 2023, with projections indicating that it will reach USD 55.21 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 7.18% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Chlorine Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Chlorine Market Size Overview

PVC products and water treatment can’t be imagined without chlorine. It is, in fact, looked upon as the most valuable chemical across the industry vertical and is expected to witness a stupendous CAGR in the next 10 years. It is a known fact that chloride pipes are more durable as well as stronger than conventional pipes. As such, high-rise buildings where it needs to stand sunlight, rain, and gravity ask for chloride pipes

Chlorine is a part of the group of chemicals called halogen, which includes fluorine, bromine, and iodine. Chlorine does not exist naturally as it’s too reactive. Chlorine is widely used in the disinfection of public water supplies to prevent the transmission of waterborne diseases such as cholera and typhoid. Chlorine can be found dissolved in seas and salty lakes as well as in the ground as rock salts or halite. Chlorine is available in various forms, which include hypo-chloride solution, chlorine gas and other compounds in solid or liquid forms. Chlorine is used in several consumer products such as in batteries, nickel chlorine etc.Request Free Sample

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Chlorine Market Growth Factors:

The global chlorine market is predominantly driven by the growing need for sanitization in public places. It is a widely used disinfectant in agrochemicals, pharmaceuticals, and other industries. Moreover, chlorine is essential in the water treatment process. With the emergence of SMART Cities and townships, stringent regulations have been incorporated for the disposal of wastewater. In modern colonies, wastewater is recycled and reused through a chlorine filtration process. Therefore, chlorine forms an important and inseparable ingredient in application-based industries.

Chlorine market is expected to show high growth in light of its extensive usage in aromatics, textiles, agrochemicals, pharmaceuticals, insecticides etc. Furthermore, an increase of water treatment and pharmaceutical industries across the globe and their demand for chlorine is another key factor contributes to driving the market growth. Chlorine is wildly used as a raw material for the production of important chemicals which is further anticipated to propel the market growth within the forecast period.

Furthermore, more than 95% of water treatment plants and 85% of pharmaceutical industries across the globe use chlorine in production processes.  However, its energy intensive operations coupled with environmental concerns may pose a threat to the market growth over the years. Nevertheless, increasing demand in EDC/PVC which is required in the construction industry is expected to open up new growth opportunities in the years to come.

Chlorine Market: Report Scope

Application Segment Analysis Preview:

Based on application, the chlorine market is segmented as EDC/PVC, inorganic chemicals, organic chemicals, chlorinated intermediaries, isocyanates, pulp & paper, water treatment, and others (TiO2 & HCl). EDC/PVC accounted for a significant share in 2019 owing to an increase in demand from the construction industry. Water treatment is the second leading segment attributed to hygiene and sanitization demands for public utilities.

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Regional Segment Analysis Preview:

The Asia Pacific accounted for a significant market share in 2020. The presence of plastic and paint industries in the Asia Pacific is expected to propel regional market growth. Besides, chlorine is largely used as a disinfectant for hygiene in lavatories. Europe and North America are expected to follow the Asia Pacific owing to the rise in the importance of Chlorine for public utilities.

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Key Players and Competitive Landscape:

Some of the key players in the chlorine market include-

• The Dow Chemical Company
• Formosa Plastics Corporation
• PPG Industries
• Tata Chemicals Limited
• Tosoh Corporation
• Ineos Group Ltd 
• Olin Corporation

The Global Chlorine Market is segmented as :

By Application:

• Organic Chemicals
• Inorganic Chemicals
• EDC/PVC
• Solvent
• Pulp & Paper
• Water Treatment
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa