CHLOR-ALKALI MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Another major end-use segment where chlor-alkali chemicals find application is in the production of numerous organic chemicals. Chlorine is used as a raw material or intermediate in the manufacturing of several commodity chemicals like vinyl chloride monomer (VCM), ethylene dichloride (EDC), polyvinyl chloride (PVC) resins, ethylene, propylene oxide, and others. These chemical intermediates further serve as basic building blocks for myriad industrial and consumer products. In recent years, there has been substantial growth in global organic chemical production due to expanding end-use markets like consumer durables, automotive, packaging, construction, and agrochemicals. Developing regions across Asia Pacific and Latin America have also witnessed big surge in manufacturing activities which has boosted the domestic demand for organic chemicals. Chemical companies are making large investments in organic chemical facilities to serve both domestic and international clients. This rising production of organic chemicals worldwide will keep the demand for chlorine and chlor-alkali products vigorous in the long run.