Market Definition: Chlorine Market
The Global Chlorine Market accounted for USD 29.50 billion in 2016 and is projected to grow at a CAGR of 6.8% during the forecast period of 2019 to 2026.
The pure chemical element of chlorine has the physical form of a diatomic green gas. The name chlorine is derived from chloros, meaning green, referring to the color of the gas. Chlorine gas is heavier than air, has an intensely disagreeable suffocating odor, and is exceedingly poisonous. In both, the liquid and solid forms, it is a powerful oxidizing, bleaching, and disinfecting agent. Market research analysis conducted in this report optimistically lends a hand to businesses for the strategy planning related to production, costing, inventory, purchasing and marketing.
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Key Market Competitors: Chlorine Market
Few of the major competitors are Akzo Nobel N.V., Formosa Plastics Corporation, Hanwha Chemical Corporation, Ineos Group Limited, Occidental Petroleum Corporation, OLIN Corporation, PPV AG, Tata Chemicals Ltd., The DOW Chemical Company, Tosoh Corporation, Chlorine Specialties, Inc., Seatex Ltd., Fluid Metering, Inc., The STUTZ Company, AquaPhoenix Scientific Inc., BASF, Westlake Chemical, Packed Chlorine and many more.
Major Market Drivers & Restraints are as follows:
- High demand in pharmaceuticals and agrochemicals sector
- Increasing demand of PVC, mainly from Construction sector
- Stringent government regulations
- Harmful environmental Impact
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The report performs the study of market drivers and market restraints thoroughly along with the analysis of the market structure. This market report endows with the plentiful insights and business solutions that will help to stay ahead of the competition. A class and transparency is strictly maintained while carrying out research studies of this report to offer an exceptional market research report for a specific niche. Businesses can achieve better insights to drive the business into right direction with the different segments covered in the market research report. This market analysis examines various segments which help for the quickest development amid the estimated forecast frame.
Market Segmentation: Chlorine Market
The chlorine market is segmented on the basis of application into EDC/PVC, water treatment chemicals, C1/C2 aromatics, organic chemicals, inorganic chemicals, propylene oxide, pulp & paper and others.
On the basis of production process, the market is segmented into diaphragm process, membrane cell process, mercury cell process and others.
On the basis of end-user, the market is segmented into water treatment, pharmaceutical, chemical, paper & pulp, plastic, pesticides and others.
On the basis of geography, the chlorine market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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The global chlorine market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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