Chlorine Cl is a chemical element with atomic number 17. The most common form of chlorine is sodium chloride which is known as salt. It is the second-lightest of the halogens; it is positioned in between fluorine and bromine in the periodic table. It is an extremely reactive element, yellow-green gas at room temperature, and an active oxidising agent. Chlorine is widely used in various industries including chemicals, pharmaceutical, Agriculture and others. The market growth is because of the increasing demand from pharmaceutical and agrochemical industries. Moreover, the growing demand for PVC in the construction sector is a significant factor expected to enhance the growth of the chlorine market during the forecast period.
Global Chlorine Market Segments Size & Growth:
Global chlorine market is accounted for $29.54 billion in 2017 and expected to grow at a CAGR of 2.84% to reach $41.79 billion by 2025 during the forecast period 2019-2025. Major factors that are driving the market growth are due to increasing demand from pharmaceutical and agrochemical industries and growing demand for PVC from the construction sector. However, stringent government regulation is restricting the growth of the global chlorine market share.
Global Chlorine Market Segments Share:
Global Chlorine market is categorised based on process, application end user and by geography. Based on the process, the global chlorine market is segregated into the diaphragm process, membrane process, mercury process, HCL production and others. Among these, membrane cell technologies hold the most significant market share and grow with the highest CAGR during 2019-2024.
Based on application, the global chlorine market is segregated into EDC/PVC, organic chemicals, C1/C2 aromatics, water treatment chemicals, inorganic chemicals, pulp and paper, propylene oxide, and others. Among these, the EDC/PVC segment is expected to
Among end-user, the market is classified into water treatment, pharmaceutical, plastic, paper & pulp, chemical, pesticides, and some others. Increasing construction activities along with rising demand from the automobile sector are expected to push the growth of the market in the upcoming years.
By Geography, the chlorine market is classified into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Asia-Pacific region is estimated to account for a dominant share of the total market in 2017 and the Latin America
Starting from $2700
Starting from $2700
Starting from $2700
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