Chlorine Market Size to grow by USD 7442.74 million between 2024-2028
According to a research report “ Chlorine Market” by Application (EDC/PVC, Organic chemicals, Isocyanates, Chlorinated intermediates, Others) End-user (Water treatment, Pharmaceutical, Chemical, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 7442.74 million, at a CAGR of 3.77% during the forecast period. Chlorine plays a pivotal role in the pharmaceutical industry, contributing to over 70% of prescription drugs sold globally. These medications address various medical conditions, such as high cholesterol, cancer, diabetes, stomach ulcers, depression, anemia, high blood pressure, asthma, epilepsy, and inflammation. In the drug formulation process, chlorine is integral to approximately 25% of medicines, featuring in the final stages. Moreover, it supports the synthesis of drugs through applications like HCl solutions for pH control and chlorinated solvents for separation and purification.
Browse market data tables, figures, and in-depth TOC on “Chlorine Market” by Application (EDC/PVC, Organic chemicals, Isocyanates, Chlorinated intermediates, Others) End-user (Water treatment, Pharmaceutical, Chemical, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Application, the EDC/PVC segment is projected to dominate the market size in 2024
Chlorine plays a pivotal role in ensuring the provision of safe and clean drinking water for the expanding global population. As a highly effective disinfectant, it eliminates harmful pathogens, including bacteria, viruses, and parasites, from water supplies. The importance of safe drinking water for public health necessitates the ongoing use of chlorine in water treatment processes. With growing urbanization and increasing community sizes, there is a surging demand for water treatment facilities, thereby boosting the market for chlorine as a critical component in water disinfection solutions.
By End-user, Water treatment segment is expected to hold the largest market size for the year 2024
In the chemical industry, Ethylene Dichloride (EDC), a vital intermediate, is primarily produced through either direct chlorination or oxychlorination processes. Direct chlorination involves the reaction of ethylene with pure chlorine, while oxychlorination entails ethylene reacting with chlorine in hydrochloric acid (HCl). Many Ethylene Dichloride and Vinyl Chloride Monomer (VCM) manufacturing plants utilize a combination of these methods to optimize HCl consumption from EDC production. Approximately 95% of EDC is utilized in VCM synthesis, which is predominantly used in Polyvinyl Chloride (PVC) production. The PVC market, a significant consumer of EDC, influences its supply and demand dynamics. The construction sector, a primary user of PVC, is highly sensitive to economic fluctuations, thereby impacting the EDC market.
APAC is forecasted to hold the largest market size by region in 2024
The Asia Pacific (APAC) region dominated the global chlorine market in 2023, accounting for a significant market share. This trend is anticipated to continue throughout the forecast period, with APAC serving as the fastest-growing region. The expansion can be attributed to the burgeoning demand for chlorine in industries such as construction and chemicals. Key contributors to this growth include the increasing demand for PVC in China, India, Indonesia, and Thailand, as well as substantial investment in the construction sector in these countries. Notably, China, the world's largest chlorine manufacturer, holds a substantial share of the APAC market. End-user industries, including PVC and pulp and paper manufacturing, located primarily in China, India, and Vietnam, further fuel regional market growth.
The Chlorine Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Chlorine market encompasses a wide range of applications, including wastewater treatment projects, pharmaceutical manufacturing, and various industries such as Pulp & Paper, Plastics, and Inorganic Chemicals. As an essential oxidizing agent, Chlorine is known for its electronegative properties and its ability to form ions. It plays a crucial role in water treatment as a disinfectant and bleaching agent. In the agricultural sector, Chlorine is used as an intermediate in the production of Chlorinated aromatics, which are used as agricultural chemicals. Chlorine is also used in the production of Sodium Chloride through brine electrolysis, a process that is widely used in the production of Chlorine and other inorganic chemicals. Chlorine is used in the production of Organic Chemicals such as Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC), which are extensively used in the manufacturing of plastics. Chlorine is also used in the separation of metals and in the production of Isocyanates & Oxygenates, Chloromethanes, and other solvents. Despite its numerous applications, the use of Chlorine is a subject of controversy due to its association with chronic diseases. However, its benefits in water treatment and various industrial applications continue to make it an indispensable part of the Chemicals and Materials industry.
Market Research Overview
Chlorine is a versatile inorganic chemical element with the symbol Cl and the atomic number 17. It is an electronegative, highly reactive non-metal that forms ions and compounds readily. Chlorine is used in various industries, including textile, agriculture, paper and pulp, epoxy resin, isocyanates, water disinfectants, and chemical intermediates. In the textile industry, chlorine is used as a bleach and disinfectant. In agriculture, it is used as an agricultural chemical, particularly in the production of chlorinated aromatics. In the paper and pulp industry, chlorine is used as an oxidizing agent for bleaching. Chlorine is also used in the production of epoxy resins, isocyanates, and water disinfectants. It is used as a disinfectant in drinking water and wastewater treatment projects, and as a bleach in the production of PVC and other plastics. Chlorine is used as a raw material in the production of various chemicals, including methanol, methyl chloride, methane, ethylene dichloride (EDC), polyvinyl chloride (PVC), ketones, ethers, alcohols, hydroxyl groups, and oxygenates. It is also used in the production of footwear, insulation, automotive parts, mattresses, furniture, elastomers, coatings, sealants, adhesives, foams, and polyurethane. Chlorine is used in various industries to protect sensitive parts, bonding components, and in electronics manufacturing. It is also used in the production of cleaning products, bleaching agents, agrochemicals, herbicides, pesticides, and packaging films. The consumption of chlorine is increasing due to the rising water consumption and the need to prevent waterborne diseases and antibiotic-resistant bacteria. Chlorine is also used as a fuel additive and a solvent in various industries. In summary, chlorine is a vital chemical element used in various industries, including textile, agriculture, paper and pulp, epoxy resin, isocyanates, water disinfectants, and chemical intermediates. It is used as a bleach, disinfectant, oxidizing agent, raw material, and solvent in the production of various products, including plastics, PVC, agrochemicals, and cleaning products. Chlorine is essential for water treatment, disinfection, and bleaching, and its consumption is increasing due to the rising water consumption and the need to prevent waterborne diseases and antibiotic-resistant bacteria.
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