Press release
Chlorine Market competitive landscape, strategic assessment and forecast till 2026
Chlorine Market
The global chlorine market was valued at US$ 13,948.7 million in 2017 and is expected to register a CAGR of 5.0% in terms of revenue, over the forecast period (2018 – 2025), to reach US$ 20,493.0 million by 2025.
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Among derivatives, propylene oxide segment accounted for significant market share in the global chlorine market in 2017. This is owing to increasing use of propylene oxide in the production of polyethers. Propylene glycol and epichlorohydrin is used in the production of epoxy resins which is used in coatings, adhesives, and plastics. Use of chlorine for manufacturing epichlorohydrin is expected to increase, owing to high demand for epoxy resins from the construction industry. According to Epoxy Europe, an initiative of the Epoxy Resin Committee (ERC), demand for epoxy resins from the construction sector in Europe accounted for 60 kilo tons (23% of total production volumes), creating turnover over US$ 200 million in 2013.
Detailed Segmentation:
Global Chlorine Market, By Derivative:
PVC
Propylene Oxide and Epichlorohydrin
Phosgene
C1 Derivatives
Others
Global Chlorine Market, By Application:
Disinfection
Bleaching
Organic Chemicals
Inorganic Chemicals
Metal Separation
Global Chlorine Market, By End-use Industry:
Water Treatment
Plastic
Paper & Pulp
Chemical
Mining
Others
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Major players operating in the global chlorine market 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., Akzo Nobel N.V., and Covestro AG
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