Chlorine Market Size, SWOT Analysis, Growth Statistics, Share Evaluation and Demand Forecast to 2030

The chlorine industry is projected to rise in the near future, led by the usage of chemicals in water treatment applications, and the growing requirement for PVC. Along with this, COVID-19 has fuelled industry growth, ascribed to rising concerns about the presence of pathogens in water supply systems. During this phase, the growing awareness of water treatment and sanitization proliferated the industry's growth.

Under the application segment, the EDC or PVC category captures a significant share of the industry. It is ascribed to the rising chemical usage in the chlorination process used for PVC or EDC. Moreover, the growing EDC or PVC requirement for various applications in sectors such as automotive, electrical & electronics, building & construction, boost chlorine production worldwide.

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Under the end use segment, water treatment is projected to experience significant growth in the coming future, led by the worldwide rising concerns over water safety. Chlorine is massively utilized as a disinfectant for the supply of safe drinking water and clean water for sanitation purposes.

The consumption of chlorine has significantly risen over the last few years, due to the growing demand for treated water in the near future. Developing countries, such as Thailand, India, and Brazil are concentrating on increasing public awareness of the harmful effects of the consumption of untreated water, along with the growing prevalence of diseases such as typhoid, cholera, Hepatitis A, and Hepatitis E. The growing usage of chlorine in water treatment is led by its ability to kill pathogens and other bacteria.

Chlorine is increasingly being used for water treatment to make it suitable for irrigation and swimming pools. In addition, the stringent regulations of the government for supplying clean, treated, and safe water fuels the demand for chlorine, resulting in industry propulsion.

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The major companies operating in the industry are Nouryon, BASF SE, Dow Chemical Company, Occidental Petroleum Corporation, Formosa Plastic Corporation, and INEOS Group Holdings S.A.

Therefore, demand for clean water for drinking and sanitization purposes led by growing awareness of water-borne diseases caused by untreated water propels the industry growth.

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