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2022 Chlor-Alkali Global Market Report : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape 2031
Chlor-Alkali Market
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The global Chlor-alkali market report by the business research company identifies growth of the chemical industry across the globe is expected to propel the growth of the Chlor-alkali market going forward. The chemical industry produces industrial chemicals and provides building blocks and raw materials for many industries such as textile, paint, paper, soap and detergent, pharmaceutical, and agriculture. Chlor-alkali is used in the chemical industry to generate chemicals through an industrial process, and the growth of the chemical industry will encourage the usage of Chlor-alkali to produce chlorine, hydrogen, and sodium hydroxide. For instance, according to BASF SE, a Germany-based chemicals company, global chemical production increased 4.4% in 2021 from -0.4% growth in 2020. Therefore, the growth of the chemical industry across the globe is driving the growth of the Chlor-alkali market.
The global Chlor-alkali market is expected to grow from $67.56 billion in 2021 to $73.61 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The Chlor-alkali market is expected to reach $92.07 billion in 2026 at a CAGR of 5.8%.
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Asia Pacific was the largest region in the chlor-alkali market in 2021. North America was the second largest region in the chlor-alkali market. The regions covered in the chlor-alkali market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the chlor-alkali market are AGC Inc., Tosoh Corporation, Solvay SA, The Dow Chemical Company, Tata Chemicals Ltd., Olin Corporation, Westlake Chemical Corporation, Xinjiang Zhongtai Chemical Co. Ltd., Occidental Petroleum Corporation, Hanwha Group, INOVYN ChlorVinyls Limited, Wanhua-BorsodChem, Formosa Plastics Corporation, Tronox Holdings plc, Bayer AG, and Axiall Corporation.
The global Chlor-alkali market is segmented -
1) By Product: Chlorine-based Chlor Alkali, Caustic Soda-based Chlor Alkali, Soda Ash-based Chlor-Alkali, Other Products
2) By Production Process: Membrane Cell, Diaphragm Cell, Other Production Processes
3) By Application: Pulp And Paper, Organic Chemical, Inorganic Chemical, Soap And Detergent, Alumina, Textile, Other Applications
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The Chlor-alkali Market Report Contents Include
1. Executive Summary
2. Chlor-alkali Market Characteristics
3. Chlor-alkali Market Trends And Strategies
4. Chlor-Alkali Market - Macro Economic Scenario
5. Chlor-alkali Market Size And Growth
….....
28. Key Mergers And Acquisitions In The Chlor-alkali Market
29. Chlor-alkali Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Chlor-alkali market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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