The global chlorine market is expected to be valued at USD 47.63 Billion in 2027 from USD 32.06 Billion in 2019, registering a CAGR of 4.4% through the forecast period. Chlorine is a toxic, greenish-yellow gas that is irritating to the eyes and has a suffocating odor. Basically, chlorine is a chemical widely used in public hygiene and sanitation applications. It is used as a disinfectant to treat drinking water and swimming pool water, as it effectively kills germs and bacteria. The chemical has a substantial commercial value due to its significant usage in the manufacture of various consumer products, such as pulp & paper, textiles, aromatics, paints & coatings, organic and inorganic chemicals, and insecticides. Moreover, nearly 200% of chlorine is also used in the production of PVC (polyvinyl chloride).

Get a Sample Report PDF with Detail TOC & List of Figures @ https://www.reportsanddata.com/sample-enquiry-form/2335

The global chlorine market is projected to account for a significantly high revenue over the forecast timeline. The growth of this market is primarily attributed to the growing usage of chlorine in PVC production and the increasing applications across various end-use industries, including chemical, pharmaceutical, water treatment, pulp & paper, plastics, and chemical industries. The water treatment industry extensively uses chlorine to disinfect wastewater and supply safe drinking water. Chlorination is the most effective process for disinfection and effectively kills the microorganisms and pathogens present in sewage water. The rising prevalence of waterborne diseases, growing health awareness, and increasing focus of governments and municipalities to provide safe drinking water bolster the growth of the global chlorine market. Moreover, the rising demand for PVC products, such as pipes and fittings, in the construction sector, the expanding pharmaceutical and textiles industries, growing demand in the packaging sector, and the surging applications of chlorine, including adhesives and metal cleaning, are the other vital factors inducing the global market growth.

Key findings of the report:                          

  • Based on the production method, the diaphragm cell process sub-segment leads the global chlorine market in terms of market share. This segment is expected to register the fastest growth rate over the forecast period. The diaphragm cell process is the most popular technique of chlorine production. It separates chlorine from hydrogen gas, preventing the migration of OH- ions from the cathode to anode.
  • In terms of application, the EDC/PVC sub-segment has emerged as the most dominant in the global chlorine market. It is expected to register a robust 4.7% CAGR over the projected period. The soaring demand for PVC in the buildings & construction industry and its advantageous properties, such as high durability and fire-resistance, bolster this segment’s growth.
  • The chlorine market in the Asia Pacific region is poised to emerge as the largest regional market over the estimated period, displaying a significant 5.0% CAGR. Rapid industrialization, rise in construction activities, growing chlorine applications in the wastewater treatment industry, a boom in agricultural production, and the rising focus on public health and sanitation are the pivotal factors behind the Asia Pacific market growth.
  • The leading market competitors include Tata Chemicals Limited, AkzoNobel NV, Ineous Group Limited, PPV Industries, Formosa Plastics Corporation, Tosoh Corporation, Nouryon, Occidental Petroleum Corporation, Hanwha Chemical Corporation, and OLIN Corporation.

Read Full Report Description @ https://www.reportsanddata.com/report-detail/chlorine-market

For the purpose of this report, the global chlorine market has been segmented on the basis of production method, application, industry vertical, and region:

By Production Method (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

  • Membrane Cell Process
  • Mercury Cell Process
  • Diaphragm Cell Process
  • Others

By Application (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

  • EDC/PVC
  • Organic Chemicals
  • Inorganic Chemicals
  • Solvents
  • Others

By Industry Vertical (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

  • Pharmaceuticals
  • Paper & Pulp
  • Water & Wastewater Treatment
  • Chemical
  • Plastics
  • Others

Get Attractive Discount @ https://www.reportsanddata.com/report-detail/chlorine-market

By Region (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)

  • North America
  • S.
  • Canada
  • Europe
  • Germany
  • K.
  • France
  • BENELUX
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • A.E.
  • Rest of Middle East & Africa