Segments - Chlorine Market by Applications (EDC/PVC, Isocyanates and Oxygenates, Chloromethanes, Solvents and Epichlorohydrin, Inorganic Chemicals, and Others), End-user Industries (Water Treatment, Pharmaceuticals, Chemicals, Paper and Pulp, Plastic, Pesticides, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global chlorine market size was valued at USD 205.29 Million in 2022 and is projected to reach USD 5.46 Billion by 2031, expanding at a CAGR of 44% during the forecast period, 2023 – 2031. The growth of the market is attributed to increasing demand for chlorine in the construction, chemicals, pharmaceuticals, automotive, and packaging industries.
Chlorine is a chemical element as well as strong oxidizing agent that is used to make several products in different sectors, including transportation, technology, health and safety, and nutrition. The most common compound of chlorine is sodium chloride, also known as common salt. Elemental chlorine can be dissolved in basic water to utilize it as anti-putrefaction agent and disinfectant.
Chlorine gas, also known as bertholite, was first used as a weapon in World War I by Germany on April 22, 1915. It has the distinctive smell of a mixture of pepper and pineapple. Chlorine is hazardous to health as it reacts with water in the mucosa of the lungs to form hydrochloric acid, which is destructive to living tissues.
Chlorine is majorly utilized in the water treatment industry. Disinfecting wastewater is vital for supplying safe and drinkable water. A large number of micro-organisms present in the wastes of sewage treatment plants and the global outbreak of various waterborne diseases has increased the demand for chlorine across the globe.
Chlorination is a most popular method for disinfecting wastewater and widely used for pathogen disinfection, which is done before the water is discharged into rivers, streams, or oceans. Chlorine is effective in killing a various strain of bacteria, protozoa, and viruses, including shigella, vibrio cholera, and salmonella.
The report on the global chlorine market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Chlorine Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Applications (EDC/PVC, Isocyanates and Oxygenates, Chloromethanes, Solvents and Epichlorohydrin, Inorganic Chemicals, and Others), End-user Industries (Water Treatment, Pharmaceutical, Chemicals, Paper and Pulp, Plastic, Pesticides, and Others) |
Regional Scope |
North America, Latin America, Europe, Asia Pacific, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Olin Corporation, Occidental Petroleum Corporation, Westlake Chemical Corporation, Formosa Plastic Corporation, and Nouryon. |
Based on applications, the market is divided into EDC/PVC, isocyanates and oxygenates, chloromethanes, solvents and epichlorohydrin, inorganic chemicals, and others. The EDC/PVC segment is anticipated to account for a considerable market share owing to its wide usage in the construction, building, and infrastructure sectors. Utility parts in buildings are often partly or completely polymeric. They can be utilized as roofing materials, wall panels, seals, piping systems, and coatings.
Rigid resins and flexible resins are two types of PVCs. Rigid resins are majorly uses in fittings, pipes, windows, fencing, roof tiles, and automobile parts. Flexible PVC is used in film and sheets, flooring, wire and cable coating, synthetic leather products, and shower curtains. EDC is used as a solvent in the metal cleaning, textile, and adhesives industries.
Based on end-user industries, the global chlorine market is segmented into water treatment, pharmaceuticals, chemicals, paper and pulp, plastic, pesticides, and others.
The chemicals segment is anticipated to account for a major market share owing to the contribution of the chemical industry in the manufacturing of a range of essential products. The chemical industry is one of the key consumers of chlorine and is used in the manufacturing of various organic and inorganic chemicals, including hydrochloric acid and titanium dioxide.
In terms of regions, the global chlorine market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific is expected to dominate the market share owing to the growing urbanization and the increasing need for fresh water in countries such as China and India. Increasing construction of irrigation systems and water treatment plants in these countries are driving the growth of the market in the region.
The market global chlorine has been segmented on the basis of
Key players operating in the global chlorine market includes Olin Corporation, Occidental Petroleum Corporation, Westlake Chemical Corporation, Formosa Plastic Corporation, and Nouryon.