Chlorine Market

Chlorine Market - Global Industry Insights, Trends,
Outlook, and Opportunity Analysis, 2018–2026
Chlorine derivatives are used for various applications such as disinfection
bleaching, organic chemicals, inorganic chemicals, and metal separation.
Chlorine is an efficient disinfectant and is widely used for water treatment
processes. Growing residential sector and industrial water treatment industry is
expected to propel demand for chlorine in water treatment.
The global chlorine market is expected to exhibit significant growth over the
forecast period, owing to increasing demand for chlorine from end-use industry.
Caustic soda from chlorine industry is used for pulping wood chips and
compounds of chlorine are used to bleach wood and paper pulp in paper
production process. Therefore, growing paper industry is also expected to fuel
growth of the chlorine market. According to Confederation of European Paper
Industries, pulp and paper industry turnover in Europe was over US$ 94 million
in 2016, with 0.4% increase from 2015.
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The global chlorine market was valued at US$ 13,948.7 million in 2017 and is
expected to register a CAGR of 5.0% in terms of revenue, over the forecast
period (2018 – 2025), to reach US$ 20,493.0 million by 2025.
Major players operating in the global chlorine market include, BASF SE,
Occidental Chemical Corporation, Ercros SA, Ineos Group Ltd., Olin
Corporation, PPG Industries, Tosoh Corporation, Dow Chemical Company,
Westlake Chemical Corporation, Solvay S.A., Akzo Nobel N.V., and Covestro
AG
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The global chlorine market was valued at US$ 13,948.7 million in 2017 and is expected to register a CAGR of 5.0% in terms of revenue, over the forecast period (2018 – 2025), to reach US$ 20,493.0 million by 2025.