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Chlor-Alkali Market to Witness Huge Growth by Key Players: Olin Corporation, Westlake Chemical Corporation, Tata Chemicals Limited, Occidental Petroleum Corporation, Formosa Plastics Corporation

09-20-2021 02:46 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Global Chlor-Alkali Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global Chlor-Alkali market size is estimated to be USD 63.2 billion in 2021 and is projected to reach USD 77.4 billion by 2026, at a CAGR of 4.1% between 2021 and 2026. This report spread across 416 Pages, Profiling 24 Companies and Supported with 646 Tables and 55 figures are now available in this research.

Top Companies Profiled in the Chlor-Alkali Market:
• Olin Corporation (US)
• Westlake Chemical Corporation (US)
• Tata Chemicals Limited (India)
• Occidental Petroleum Corporation (US)
• Formosa Plastics Corporation (Taiwan)
• Solvay SA (Belgium)
• Tosoh Corporation (Japan)
• Hanwha Solutions Corporation (South Korea)
• Nirma Limited (India)
• AGC Inc. (Japan)
• Dow Inc. (US)
• Xinjiang Zhongtai Chemical Co. Ltd. (China)
• INOVYN (UK)
• Ciner Resources Corporation (US)
• Wanhua-Borsodchem (Hungary)

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“EDC/PVC application is projected to be the largest application segment for Chlorine in Chlor-Alkali market”
The EDC/PVC is the largest segment by applications for the Chlorine in Chlor-alkali market. Ethylene dichloride (EDC) is produced by the catalyzed chlorination of ethylene in the presence of ferric chloride (FeCl3) as the catalyst. Vinyl chloride monomer, along with anhydrous hydrochloric acid, is produced by the decomposition of ethylene dichloride at high temperatures. This vinyl chloride monomer is fed into polymerization reactors, wherein the polymerization reaction takes place to provide polyvinyl chloride (PVC).

“Alumina is projected to be the largest application segment for Caustic Soda in Chlor-Alkali market”
The alumina is the largest application segment for the Caustic Soda in Chlor-alkali market. Caustic soda is used in the process for the extraction of aluminum from bauxite ore. It dissolves the bauxite ore which is the raw material in the production of aluminum. In this process, pure alumina is separated from the bauxite ore. The alumina collected is further subjected to calcination. APAC dominates the market, followed by North America and Europe.

“Glass is projected to be the largest application segment for Soda Ash in Chlor-Alkali market”
The glass is the largest segment by applications for the Soda Ash in Chlor-alkali market. Soda ash is an essential component in the manufacture of glass. Glass is produced by melting silica soda ash (approximately 15% of the total weight of the glass) and calcium compounds along with coloring agents and metallic oxides. It is utilized in production of various types of glass such as flat glass (including sheet glass, float glass, figured & wired glass, safety glass, and mirror), glass hollow wares & containers, vacuum flasks, laboratory glassware, and fiber glass.

Competitive Landscape of Chlor-Alkali Market:
1 Introduction
2 Market Share Analysis
3 Company Evaluation Quadrant Definition
3.1 Star
3.2 Pervasive
3.3 Emerging Leader
3.4 Participant
4 Startups And Small And Medium-Sized Enterprises (Smes) Evaluation Matrix
4.1 Progressive Companies
4.2 Responsive Companies
4.3 Dynamic Companies
4.4 Starting Blocks
5 Company Product Footprint
6 Revenue Analysis
7 Key Market Developments
7.1 Expansions
7.2 Deals
7.3 Others

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Research Coverage:
This research report categorizes the Chlor-Alkali market on the basis of type, application, and region. The report includes detailed information regarding the major factors influencing the growth of the Chlor-Alkali market, such as drivers, restraints, challenges, and opportunities.

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ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

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