Global Chlorine Market worth USD 38.4 billion and CAGR 4.5% by 2021

Zion Research has published a new report titled “Chlorine Market for EDC/PVC, Inorganic Chemicals, Organic Chemicals, Solvents, Pulp & Paper, Water Treatment, And Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021, and others”. According to the report, the global Chlorine Market was valued at USD approximate USD 27.2 billion in 2015 and expected to reach approximately USD 38.4 billion by 2021, growing at a CAGR of around 4.5% between 2016 and 2021.

Get a copy of free Sample Report @ https://www.zionmarketresearch.com/sample/chlorine-market

Chlorine is a part of the group of chemicals called halogen, which includes fluorine, bromine, and iodine. Chlorine does not exist naturally as it’s too reactive. Chlorine is widely used in the disinfection of public water supplies to prevent the transmission of waterborne diseases such as cholera and typhoid. Chlorine can be found dissolved in seas and salty lakes as well as in the ground as rock salts or halite. Chlorine is available in various forms, which include hypo-chloride solution, chlorine gas and other compounds in solid or liquid forms. Chlorine is used in several consumer products such as in batteries, nickel chlorine etc.

Chlorine market is expected to show high growth in light of its extensive usage in aromatics, textiles, agrochemicals, pharmaceuticals, insecticides etc. Furthermore, an increase of water treatment and pharmaceutical industries across the globe and their demand for chlorine is another key factor contributes to driving the market growth. Chlorine is wildly used as a raw material for the production of important chemicals which is further anticipated to propel the market growth within the forecast period. Furthermore, more than 95% of water treatment plants and 85% of pharmaceutical industries across the globe use chlorine in production processes. However, its energy intensive operations coupled with environmental concerns may pose a threat to the market growth over the years. Nevertheless, increasing demand in EDC/PVC which is required in the construction industry is expected to open up new growth opportunities in the years to come.

Request for Customization Report @ https://www.zionmarketresearch.com/custom/103

The chlorine market is segmented on the basis of different application such as EDC/PVC, inorganic chemicals, organic chemicals, chlorinated intermediaries, isocyanates, pulp & paper, water treatment, and others (TiO2 & HCl). EDC/PVC segment accounted for a large chunk of the market share in 2015. This growth is mainly attributed to increasing use of EDC/PVC in the construction industry. Water treatment segment is another key outlet and is expected to witness significant growth within the forecast period.

Browse detail report with in-depth TOC @ https://www.zionmarketresearch.com/report/chlorine-market

The chlorine market was dominated by Asia Pacific with the largest share of the total market in 2015. Asia Pacific was followed by Europe and North America in terms of revenue in 2015. This growth is mainly due to growing chemical and plastic industries in emerging economies such as China and India. Europe is likely to experience high-growth over the period on account of increasing industries in this region. However, Latin America and the Middle East & Africa are also expected to exhibit significant growth over the forecast period.

Some of the key players in this market are BASF SE, Occidental Petroleum Corporation, The Dow Chemical Company, Formosa Plastics Corporation, PPG Industries, Tata Chemicals Limited, Tosoh Corporation, and Ineos Group Ltd. and Olin Corporation.

Know more before buying this report @ https://www.zionmarketresearch.com/inquiry/chlorine-market

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact US:

Zion Market Research
4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com

Website: http://www.zionmarketresearch.com

This release was published on openPR.