Exponential Demand for PVC (Polyvinyl Chlorine) to take the Chlorine Market to a Revenue of US$ 21.86 Bn at a CAGR of 4.3% During the Forecast Period of 2022-32 | Future Market Insights, Inc.

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Oct 31, 2022, 04:35 ET

North America chlorine disinfectant market is anticipated to generate about 22.7% of the share in 2022. The Europe chlorine disinfectant market is projected to account for 21.4% of the share in the forecast period 2022 to 32.

NEWARK, Del., Oct. 31, 2022 /PRNewswire/ -- The global chlorine market is worth US$ 14.36 Bn as of now and expected to reach US$ 21.86 Bn by the year 2032 at a CAGR of 4.3% between 2022 and 2032.

The end-uses of chlorine and its derivatives include paints & coatings, adhesives, food processing, plastic, cosmetics, pharmaceuticals, water treatment, and likewise.

Chlorine acts as a raw material to produce a series of chemicals. For instance – it is vital regarding production of PVC (Polyvinyl Chloride). The applications of PVC include automotive, construction, composite manufacturing.

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At the same time, it needs to be noted that handling as well as transporting chlorine comes with risks, as chlorine falls in the category of toxicological and inflammable substances. It also ends up enhancing the other materials' combustion rate. Regulatory bodies like the US FDA, EPA, WHO, IARC, and likewise are imposing stern restrictions in the interest of safeguarding the environment.

Additionally, production of chlorine is energy-intensive, which adds to overheads. In the last few years, countries like China have over-produced chlorine. As such, the prices have come down drastically. This could be problematic to the manufacturers regarding the way they cover the overall costs. The demand won't cease, as market is witnessing a shift to membrane technology from mercury cell technology.

Regions like India, Austria, Brazil, the UK, Sweden, the US, France, and Spain are heavily investing in the building & construction sector. This asks for an exorbitant demand for PVC. Thus, the chlorine market, in spite of the over-reactive nature of chlorine, is expected to go great guns going forward. Future Market Insights has highlighted these findings with future perspectives in its latest market study entitled 'Chlorine Market'.

Key Takeaways from Chlorine Market

North America holds close to 18% of the market share. This could be attributed to the US housing several primary manufacturers. Also, chlorine, along with its derivatives, are widely sold for producing prescription chemicals sold al across Canada and the US.
Europe is expected to show steadiness in the chlorine market in the forecast period, especially amidst the economic slowdown faced by the UK.
The Asia-Pacific is expected to witness a marked growth in chlorine market in the forecast period due to growing demand for caustic soda (which is by-product of chlorine production).

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Competitive Doorstep

INOVYN, in January 2021, got selected by Koyuncu Group for supplying chlor-alkali technology at novel manufacturing facility in Konya, Turkey. BICHLOR bipolar electrolyzers would be provided by INOVYN for new facility for producing hydrochloric acid, chlorine, and sodium hypochlorite. Production began at the start of 2022 and claims to have manufacturing capacity of 50K tons every year.
Potasse et Produits Chimiques SAS, in July 2019, did join Vynova Group. Site based out of Thann (France) has been rechristened to 'Vynova PPC SAS' and included under Vynova umbrella. It contains a membrane electrolysis plant and manufactures liquid potassium hydroxide (KOH) and chlorine.
NX Filtration does develop hollow fiber modules and membranes for ultrafiltration and nanofiltration. The ultrafiltration membrane's 'Ultra' range is based on modified PES (polyethersulfone) chemistry retaining yeast, microorganisms, and floating particles at the time of facilitating salts, proteins, and petite organic molecules. The membranes are known for having superlative tolerance to chlorine, with higher pH.

"With agrochemical and pharmaceutical verticals witnessing an upsurge in EDC (ethylene dichloride) and PVC (polyvinyl chloride), the chlorine market is expected to grow remarkably in the near future", says an analyst from Future Market Insights.

Unleashing the Macros of Chlorine Market

Future Market Insights offers an exclusive perspective and various real-time insights on the chlorine market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
The research study is based on application (isocyanates and oxygenates, EDC/PVC, inorganic chemicals, chloromethanes, solvents and electrolysis, pharmaceuticals, and electronics), and by end-use (pulp and paper, water treatment, chemicals, plastics, pesticide, and durable pipes).
Growing demand for various chemical intermediates like acid chlorides, hydrochloric acid, metal chlorides, hypochloric acid, chloroform, and the other chlorine derivatives would certainly keep the cash registers ringing for chlorine market.

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Key Segments Of The Chlorine Market

By Application:

Isocyanates and Oxygenates
EDC/PVC
Inorganic Chemicals
Chloromethanes
Solvents and electrolysis
Pharmaceuticals
Electronics

By End Use:

Paper and Pulp
Water Treatment
Chemicals
Plastics
Pesticide
Durable Pipes

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

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About Future Market Insights, Inc.

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