Chlorine is a very effective disinfectant that is commonly utilised in water treatment techniques. The expanding household and industrial water treatment industries are likely to drive demand for chlorine in water treatment. Since it eliminates dangerous microorganisms such as bacteria, viruses, and parasites, chlorine is frequently employed in water treatment. It also aids in the reduction of undesirable tastes and smells in water. Chlorine also helps to eliminate slime bacteria, moulds, and algae that commonly occur in water supply reservoirs, water main walls, and storage tanks. The global increase in wastewater treatment projects is supporting the expansion of the water treatment sector. Chlorine has a long lifespan. Because of its exceptional durability, melting point, and beneficial properties, chlorine is perfect for use in a range of end-use sectors such as chemical, construction, and others. Nevertheless, its application is restricted by a certain organisation, limiting its commercial development.
According to Coherent Market Insights, Global Chlorine Market was valued at US$ 16700.18 Mn in 2021 in terms of revenue, exhibiting a CAGR of 5.09 % during the forecast period (2022 to 2030).
Market Leaders in the Chlorine Industry:
1. BASF SE
Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks.
2. Occidental Chemical Corporation
Founded in 1909, Occidental Chemical manufactures chemicals including polyvinyl chloride resins, chlorine, and caustic soda. The Company provides chemicals to produce plastics, pharmaceuticals, and water treatment chemicals. The company is headquartered in Dallas
3. Ercros SA
Ercros, SA is an industrial company that manufactures basic materials (chlorine, caustic soda, sodium hypochlorite, sodium chlorate, and sodium chloride), PVC, phosphates for animal feed, formaldehyde and its derivatives, as well as active pharmaceutical ingredient. Headquartered in Spain, founded in 1989.
4. Ineos Group Ltd.
Founded un 1998, headquartered in London, U.K. Manufacturer of petrochemicals. The company offers ethylene, propylene, butadiene, raffinate 1, benzene, toluene, gasoline blending components and high-density and low-density polyethene, linear low-density polyethene and polypropylene.
5. Olin Corporation
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. Headquartered in United States. Founded in 1892. In July 2021, Olin Corporation partnered with ASHTA Chemicals, Inc. to purchase chlorine manufactured at ASHTA's Ashtabula, OH factory. This partnership focused on expanding the company's chlorine business. Such partnerships are accelerating market growth at the global level.
6. PPG Industries
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition. Founded in 1882, headquartered in Pittsburgh, U.S.
7. Tosoh Corporation
Tosoh Corp manufactures and sells a variety of petrochemicals, plastics, and chemical-based products. Headquartered in japan, founded in 1935.
8. Dow Chemical Company
Dow Chemical is a diversified global chemicals producer that was formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets. Founded in 1897, headquartered in U.S.
9. Westlake Chemical Corporation
Westlake Corp is a manufacturer and global supplier of chemicals, polymers and building products. Its Performance & Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Founded in 1986, headquartered in Houston, U.S.
*Definition- Chlorine derivatives are utilised in a variety of applications, including disinfection and bleaching, organic and inorganic compounds, and metal separation.
