Press release
Chlorine Market Analysis: Global Trends and Future Outlook 2025 | Most Leading Companies - BorsodChem (Wanhua Chemical Group Co. Ltd), Covestro AG, Ercros SA
The Global Chlorine Market size was worth US$ 41.68 billion in 2023 and is estimated to reach US$ 63.26 billion by 2031, growing at a CAGR of 5.35% during the forecast period (2024-2031).Chlorine Market, as detailed in the DataM Intelligence report, presents a strategic overview of the industry backed by in-depth data and market trends. The study highlights the performance and positioning of major players, focusing on their offerings, pricing models, financial outcomes, and growth strategies. It serves as a concise yet insightful reference for understanding the current landscape and future direction of the market.
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Market Overview:
Chlorine is a chemical element with the symbol Cl and atomic number 17. It is a highly reactive, greenish-yellow gas at room temperature and is widely used as a disinfectant, especially in water treatment, to kill bacteria and other harmful microorganisms. Chlorine is also used in the manufacture of various products, including plastics (like PVC), solvents, and pesticides.
List of the Key Players in the Chlorine Market:
BorsodChem (Wanhua Chemical Group Co. Ltd), Covestro AG, Ercros SA, Formosa Plastics Corporation, INOVYN (INEOS), Nouryon, Occidental Petroleum Corporation, Olin Corporation, Tata Chemicals Limited and Tosoh Corporation.
Chlorine Market Development:
In April 2024, BASF SE launched cutting-edge solid-state battery packs that boast lightweight design, enhanced safety, and sustainability features. This advancement is expected to significantly strengthen BASF's position in the competitive battery materials market.
In January 2023, Covestro AG and LANXESS formed a strategic joint venture focused on producing sustainable raw materials with the goal of reducing CO2 emissions by up to 120,000 tons annually. Under this partnership, LANXESS will source key chemicals such as chlorine, caustic soda, and hydrogen from Covestro's ISCC PLUS-certified production sites in Leverkusen and Krefeld-Uerdingen, supporting their shared sustainability goals.
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Segment Covered in the Chlorine Market:
By End-User: Water Treatment, Pharmaceuticals, Chemical, Paper & Pulp, Plastics, Pesticides, Others
By Application: EDC/PVC, Isocyanates and Oxygenates, Chloromethanes, Solvents, and Epichlorohydrin, Inorganic Chemicals, Others
Regional Analysis for Chlorine Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Frequently asked questions:
➠ What are the global sales, production, consumption, import, and export figures for the Chlorine market?
➠ Who are the key global manufacturers, and how are they performing operationally?
➠ What opportunities and risks do vendors face in the Chlorine market?
➠ Which product types or end-users show the most growth potential, and what are their market shares?
➠ What factors are driving or limiting growth in the Chlorine market?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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