chlorine Market SWOT Analysis, Trends and Growth Forecast by 2032
factor driving demand for chlorine is rising requirement for water treatment and purification around the world.
The global Chlorine Market The global chlorine market size was USD 39.84 Billion in 2022 and is expected to reach USD 57.69 Billion in 2032, and register a revenue CAGR of 4.2% during the forecast period. The construction industry's rising need for chlorinated organic compounds such as Polyvinyl Chloride (PVC) and other resins as well as emerging countries' increasing use of chlorine for water purification are major factors driving market revenue growth.
Chlorine's extensive use in producing PVC resins, which are widely utilized in the construction industry for a variety of applications such as pipes, fittings, and sidings, is one of the key factors driving demand for chlorine. In the coming years, it is expected that rising PVC and other resin demand in developing countries such as China and India will drive revenue growth of the market.
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Top Leading Players in Chlorine Market:
- Dow Chemical Company
- BASF SE
- Occidental Petroleum Corporation
- Ineos Group Holdings S.A.
- Solvay S.A.
- Lanxess AG
- Tata Chemicals Limited
- Euro Chlor
- Olin Corporation
- Formosa Plastics Corporation
Chlorine Market Segmentation:
By Production Method Outlook:
- Electrolysis
- Membrane Cell
- Others
By Application Outlook:
- Organic and Inorganic Chemicals
- Water Treatment
- Pharmaceuticals
- Pulp and Paper
- Others
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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