Chlor-Alkali Market Analysis By Industry Size, And Share, Manufacturers, Demand Forecast 2025

Global chlor-alkali market is projected to grow at a CAGR of 5.6% during 2021-2025, reaching nearly $ 104 billion by 2025, primarily driven by extensive growth in end user industries and existing production facilities. However, energy-intensive operations as well as the adverse effects of chlor-alkali on the environment are anticipated to hamper market growth in coming years.

Market for chlor-alkali has been segmented into form, technology, product type, application and region. Based on form, the market has been categorized into caustic soda flakes and caustic soda lye, while based on technology, the market has been segmented into membrane cell and mercury. In terms of product type, the market has been bifurcated into chlorine, caustic soda, soda ash, HCl, hydrogen and others. Among all the applications of chlorine, EDC/PVC accounts for the largest market share, while isocyanate is the fastest-growing application of chlorine and is anticipated to continue being the fastest-growing application segment during the forecast period. Strong demand from the construction sector and increasing demand for chemicals from emerging markets are the main drivers for growth of the chlorine segment.

Furthermore, food and pulp & paper hold the largest share among all the applications of caustic soda. The growth in the market for the food processing in turn is aiding the market for caustic soda that is used in food and pulp & paper. With growing container and glass packaging industry, the demand for soda ash in glass applications is increasing. Moreover, demand for soda ash in glass is anticipated to register the fastest growth rate in the Asia-Pacific region, as a result strong demand from countries, particularly from Southeast Asia. 

Asia-Pacific is the largest chlor-alkali market across the globe, regarded as the largest producer of chlor-alkali. Among the countries within the region, China is both the largest and fastest growing chlor-alkali market. Due to the constant increase in chlor-alkali capacity, the Asian country has an advantage, as the manufacturing costs within the country are minimal. India is another high growth market for chlor-alkali in the Asia-Pacific region and is anticipated to be a driving factor for the industry in the region.


Click here to download the sample

Some of the key players operating in the market include Olin Corporation, Solvay SA, Tata Chemicals Limited, Occidental Petroleum Corporation, Axiall Corporation, Akzonobel N.V., Formosa Plastics Corporation, Hanwha Chemical Corporation, Tosoh Corporation, Nirma Limited, among others.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021-2025

Objective of the Study:

  • To analyze and forecast global chlor-alkali market size.
  • To forecast global chlor-alkali market based on form, technology, product type, application and region.
  • To identify drivers and challenges for global chlor-alkali market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global chlor-alkali market.
  • To conduct the pricing analysis for chlor-alkali market.
  • To identify and analyze the profile of leading players involved in the manufacturing of chlor-alkali.


Some of the leading players in global chlor-alkali market are Olin Corporation, Solvay SA, Tata Chemicals Limited, Occidental Petroleum Corporation, Axiall Corporation, Akzonobel N.V., Formosa Plastics Corporation, Hanwha Chemical Corporation, Tosoh Corporation, Nirma Limited, among others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major players operating in global chlor-alkali market.

TechSci Research calculated global chlor-alkali market size using a top-down approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Chlor-Alkali manufacturers and suppliers
  • Government and other regulatory bodies
  • Research institutes and organizations
  • Associations, organizations and forums associated with chlor-alkali

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global chlor-alkali market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Form:
    • Caustic Soda Flakes
    • Caustic Soda Lye
  • Market, by Technology:
    • Membrane Cell
    • Mercury
  • Market, by Product Type:
    • Chlorine
    • Caustic Soda
    • Soda Ash
    • HCL
    • Hydrogen
    • Others
  • Market, by Application:
    • Soaps & Detergents
    • Vinyl
    • Agrochemicals
    • Alumina
    • Glass
    • Food
    • Pulp & Paper
    • EDC/PVC
    • Water Treatment
    • Others
  • Market, by Region:
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Thailand
    • Europe
      • United Kingdom
      • Italy
      • Belgium
      • Germany
      • Sweden
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global chlor-alkali market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com

Comments

Post a Comment

Popular posts from this blog

Saudi Arabia Inductor Market Analysis By Inductance, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Image
Saudi Arabia inductor market is expected to grow at a steady CAGR during the forecast period. The rise in the demand for consumer electronics and the growing per capita income of middle-class families is increasing consumers' expenditure capacity, which is considered the major driving factor for the growth of the inductor market in the forecast period. The growing adoption of electric vehicles due to the surge in awareness regarding the harmful emissions into the environment is expected to support the growth of the Saudi Arabia inductor market. The surge in the government initiatives to boost other industries growth to diversify the income sources and reduce the dependency on the oil industry as the oil industry is considered the major income-generating industry in Saudi Arabia is expected to foster the demand for semiconductor-related industries, which in turn is influencing the inductor market growth. Ongoing initiatives such as Neom city, National Transformation Program, and th...
Read more

Global Multi-Cloud Management Market Analysis By Platform, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Global multi-cloud management market is expected to grow at a significant CAGR during the forecast period. Growing implementation of multi cloud management solutions by enterprises across the globe is one of the key factors due to which the market is anticipated to rev up during the forecast years. Moreover, ambiguity about single cloud reliability is positively impacting the growth of market during the forecast period. Furthermore, adoption of micro-services for cloud native applications is expected to bolster the growth of market over the next few years. However, lack of security might act as major impediment to the growth of global multi-cloud management market in the years to come. The global multi-cloud management market is segmented based on  platform, service type, deployment mode, application, end user , company, and region. Based on   platform, the market can be categorized into internal brokerage enablement and external brokerage enablement. Out of which, the extern...
Read more

Vietnam Telecom Market Demand Is Driven By The Proliferation Of Smartphones And Increase In The Fixed Broadband Subscribers | TechSci Research

Image
According to TechSci Research,  Vietnam Telecom market is expected to grow at a steady CAGR in the forecast period, 2023-2027. The proliferation of smartphones and increase in the fixed broadband subscribers is driving the demand of the Vietnam Telecom market. The growing demand for high-speed connectivity by the customers and the massive expenditure for the deployment of the 5G technology are expected to influence the market growth. The use of 5G technology can facilitate autonomous cars and other smart devices and equipment to obtain real-time information. The shift in customers' preference for the adoption of next-generation technologies and getting real-time data from the customers are contributing to the Vietnam Telecom market growth.  The COVID-19 pandemic and the work from home facility provided to the employees is surging the demand for broader bandwidth. The growing adoption of the internet of things technology among the prominent industry verticals to get real-time ...
Read more