The global chlorine market is estimated to be valued at USD 40.53 Bn in 2024 and exhibit a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031. Chlorine is a yellow-green gas with a pungent odor. It is a halogen element with chemical symbol Cl and atomic number 17. Chlorine is a very important industrial chemical and its major applications are in water treatment, chemicals and polymers manufacturing. It is highly reactive and commonly produced in aqueous form as sodium hypochlorite or calcium hypochlorite for use in water disinfection and bleaching. Chlorine's wide range of applications is driving the market growth globally.
Market Dynamics:
Chlorine market growth is driven by increasing demand from water treatment industry. Safe drinking water is essential for health and with growing population cleaner water is the need of the hour. Chlorine is widely used as a disinfectant in municipal water supplies. Another major driver is its usage in manufacturing a variety of chemicals and polymers. Chlorine derivatives are used to produce solvents, refrigerants, plastics, adhesives and more. However, stringent regulations regarding manufacturing and handling of chlorine due to its hazardous nature pose a challenge. Moreover, development of alternative disinfectants is also restraining the market growth. Meanwhile, growing end use industries in developing nations provide lucrative opportunities for chlorine market expansion.
Key Features of the Study:
- This report provides an in-depth analysis of the global chlorine market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global chlorine market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include BASF SE, Occidental Chemical Corporation, Ercros SA, Ineos Group Ltd., Olin Corporation, PPG Industries, Tosoh Corporation, Dow Chemical Company, Westlake Chemical Corporation, Solvay S.A., Aditya Birla Chemicals (Thailand) Pvt. Ltd., GAAGC Vinythai, Chemical Company of Malaysia Bhd, Chemical Industries (Far East) Limited, Mabuhay Vinyl Corporation, Malay‐Sino Chemical Industries Sdn. Bhd., Olin Corporation, P.T. Asahimas Chemical, Viettri Chemical Joint Stock Company
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global chlorine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chlorine market.
Detailed Segmentation-
- By Form:
- By Packaging:
- By Application:
- Disinfection
- Bleaching
- Organic Chemicals
- Inorganic Chemicals
- Metal Separation
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- BASF SE
- Occidental Chemical Corporation
- Ercros SA
- Ineos Group Ltd.
- Olin Corporation
- PPG Industries
- Tosoh Corporation
- Dow Chemical Company
- Westlake Chemical Corporation
- Solvay S.A.
- Aditya Birla Chemicals (Thailand) Pvt. Ltd.
- GAAGC Vinythai
- Chemical Company of Malaysia Bhd
- Chemical Industries (Far East) Limited
- Mabuhay Vinyl Corporation
- Malay‐Sino Chemical Industries Sdn. Bhd.
- Olin Corporation
- P.T. Asahimas Chemical
- Viettri Chemical Joint Stock Company