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Chlorine Market Size, Share, Growth Drivers and Forecast Report by 2030

Geographically, Asia-Pacific (APAC) generated the highest revenue in the chlorine market in 2019, and it is expected to maintain its dominance in the forecast period as well. This can be ascribed to the high-volume consumption of chlorine in emerging economies of India, Thailand, and China for the production of EDC/PVC. These products are mostly used in the electrical and electronics, automobile, and building and construction sectors.

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Chlorine Market Size, Share, Growth Drivers and Forecast Report by 2030

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  1. Chlorine Market To Generate $63,121.6 Million Revenue by 2030 1 ©P&SIntelligence.Allrightsreserved

  2. Growth drivers like soaring demand for polyvinyl chloride (PVC) and increasing consumption of chlorine for water treatment applications will escalate the chlorine market at a CAGR of 5.2% during 2020–2030. The market stood at $36,845.0 million in 2019 and it is projected to reach $63,121.6 million by 2030. Moreover, the adoption of this compound for treating water used for irrigation purposes and swimming pools, is increasing. Additionally, governments across the world are taking initiatives to regulate the supply of safe, treated, and clean water, thereby, facilitating the market growth. The widescale applications of PVC in siding and piping in the building and construction sector, windshield system components in the automotive industry, and non-breakable containers in the medical industry will fuel the chlorine market in the foreseeable years. Increasing utilization of PVC in several end-use industries can be owed to the various advantageous features of PVC such as high melt viscosity and improved thermal stability. The production of PVC requires high volume of chlorine during the chlorination process, which, in turn, drives the demand for the compound. Download report sample at: https://www.psmarketresearch.com/market-analysis/chlorine- market/report-sample The application type segment of the market is categorized into ethylene dichloride (EDC)/PVC, solvents, inorganic chemicals, chloromethanes, and isocyanates & oxygenates. Among these, the EDC/PVC category dominated the market in 2019 and it is expected to continue its dominance throughout the forecast period. This is ascribed to the widescale application of chlorine in the chlorination process for the production of EDC/PVC. With the amplifying demand for EDC/PVC in end-use sectors like building and construction, electrical and electronics, and automotive, the demand for this chemical will rise in the coming years. Thus, the widening application base of chlorine have encouraged key players of the chlorine market, such as Olin Corporation, Ercros SA, INEOS Group Holdings S.A., Occidental Petroleum Corporation, The Dow Chemical Company, Westlake Chemical Corporation, and Covestro AG, to expand their production capacities and geographical presence. For instance, Ercros SA announced its expansion plan in October 2019. The company completed the third expansion of the Vila- seca I factory, which produces chlorine and caustic soda, by starting a new electrolyzer that expands the plant’s capacity by an additional 26,000 tons per year. Geographically, Asia-Pacific (APAC) generated the highest revenue in the chlorine market in 2019, and it is expected to maintain its dominance in the forecast period as well. This can be ascribed to the high-volume consumption of chlorine in emerging economies of India, Thailand, and China for the production of EDC/PVC. These products are mostly used in the electrical and electronics, automobile, and building and construction sectors. Moreover, the amplifying

  3. usage of the compound in water treatment plants and pharmaceutical industry will give an impetus to the regional market growth. Furthermore, the APAC chlorine market is also expected to witness the fastest growth during the forecast period. This can be primarily attributed to the surging awareness about water-borne diseases caused due to contaminated water and the understanding of detrimental effects caused by consuming it. Water treatment plants are using large quantities of chlorine to reduce the occurrence of water-borne diseases like meningitis, trachoma, and diarrhea. Moreover, the increasing application of the compound in the paper industry, owing to its lignin removing property, will boost the market growth in the foreseeable future. Browse full report at: https://www.psmarketresearch.com/market- analysis/chlorine-market Thus, the rising awareness regarding water-borne diseases and the increasing usage of PVC in several end-use industries will fuel the demand for chlorine in the future. Market Size Breakdown by Segment By Application Ethylene Dichloride (EDC)/Polyvinyl Chloride (PVC) Inorganic Chemicals Isocyanates & Oxygenates Solvents Chloromethanes By End Use • • • • • Plastics Water Treatment Pharmaceuticals Pulp & Paper Pesticides • • • • • Geographical Analysis North America • oU.S. oCanada Europe • oGermany oU.K. oFrance oItaly Asia-Pacific (APAC) • oChina oIndia

  4. oJapan oSouth Korea Latin America (LATAM) • oBrazil oMexico oArgentina Middle East & Africa (MEA) • oSaudi Arabia oU.A.E. oSouth Africa 3 © P&S Intelligence. All rights reserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved

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