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Market Overview of Global Chlorine market:
According to our latest research, the global Chlorine market looks promising in the next 5 years. As of 2022, the global Chlorine market was estimated at USD 13522.52 million, and it's anticipated to reach USD 17994.03 million in 2028, with a CAGR of 4.88% during the forecast years.
Chlorine is a naturally-occurring chemical element, one of the basic building blocks of matter. Scattered throughout the rocks of Earth's continents and concentrated in its salty oceans, chlorine is an essential nutrient for plants and animals. Represented by the chemical symbol "Cl," chlorine is number 17 on the Periodic Table of the Elements, indicating each atom of chlorine contains 17 protons and 17 electrons. Due to its natural chemical reactivity, chlorine is rarely present in nature by itself as elemental chlorine, and typically exists bonded to other elements in the form of chemical compounds such as sodium chloride (table salt). Chlorine is a greenish yellow gas and is characterized by reactive nature and high expansion potential. This element turns into solid at -103°C (-153°F) and into liquid at -34°C (-29°F).
High performance and large range of usage
Chlorine plays an essential role in a large range of industries, like paper and pulp industry, chemical industry, plastic industry, water treatment industry, pharmaceutical industry and many others. These high performance and large downstream usages drive the steady growth demand for Chlorine.
Increasing demand in the construction industry
Chlorine is an important raw material in the manufacturing of construction materials, fiberglass for insulation, silicone adhesives, electrical components, floor coverings, molding strips, roofing materials, paints, and varnishes. Nowadays, the development and expansion of the construction sector drive the demand for Chlorine.
Increasing environment concerns and awareness
Chlorine is a kind of toxic gas. And it is bad for the health of human beings. In Addition, the situation of depletion of the upper atmosphere ozone layer from several prominent end uses for chlorine have affected demand for the product. Chlorine market is also affected by the stringent regulations from various regulatory bodies such as IARC, WHO, EPA FDA, etc.
Difficulty and high cost of delivery
High risk associated with handling and transportation of chlorine, as it is highly combustive in nature, and highly reactive and toxicological substance are likely to limit the growth.
Region Overview:
In 2022, the share of the Chlorine market in China stood at 27.89%.
Company Overview:
OLIN Corporation is one of the major players operating in the Chlorine market, holding a share of 10.59% in 2023.
OLIN Corporation
Olin Corporation manufactures and distributes chemical products in the United States and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester.
Occidental Petroleum Corporation
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally.
Segmentation Overview:
As for product types, the Membrane Cell Process segment held the largest market share in 2022.
Application Overview:
By application, the Pharmaceutical Industry segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Chlorine market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Chlorine Market Report:
Market Size Estimates: Chlorine market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Chlorine market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Chlorine market
Segment Market Analysis: Chlorine market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Chlorine market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Chlorine Market: Revenue and sales volume of major countries in each region
Chlorine Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Chlorine market in major regions.
Chlorine Industry Value Chain: Chlorine market raw materials & suppliers, manufacturing process, distributors, downstream customers
Chlorine Industry News, Policies & Regulations
Key players in the global Chlorine market are covered in Chapter 12:
Formosa Plastics Corporation
Ercros S.A
Hanwha Chemical Corporation
Ineos Group Limited
Axiall
The DOW Chemical Company
OLIN Corporation
BASF SE
Tata Chemicals Limited
Solvay
Occidental Petroleum Corporation (OXY)
Nouryon
In Chapter 2 and Chapter 15.1, based on types, the Chlorine market from 2018 to 2028 is primarily split into:
Mercury Cell Process
Membrane Cell Process
Diaphragm Process
Others
In Chapter 3 and Chapter 15.2, based on applications, the Chlorine market from 2018 to 2028 covers:
Water Treatment Industry
Pharmaceutical Industry
Chemical and Plastic Industry
Paper and pulp Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Chlorine market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028