Chlorine Market Overview, Analysis, Company Share, Global Forecast Till 2028
Posted by meera on October 26th, 2021
Reports and Data has recently published a new report titled “Global Chlorine Market” that offers key insights into market share, market size, revenue growth, current and emerging trends, macro- and micro-economic growth factors, regulatory framework, and geographical bifurcation. The report employs a top-down and bottom-up approach to gain critical insights into the Chlorine market and the data is further validated and verified from industry experts, professionals, and analysts. The report presents an 8-year forecast for the market growth along with market information such as supply and demand ratio, dominant players, market revenue, driving factors, restraints, and challenges to offer a better understanding of the Chlorine market.
The global chlorine market is expected to reach USD 49.20 Billion by 2028, according to a new report by Reports and Data. The growth of the chlorine market may be attributed to growing applications of chlorine amongst the end-user industries, such as the pharmaceuticals, water treatment, and chemical industry, among others.
Pharmaceutical products are a crucial part of the nearly USD 3.00 trillion health care systems of the U.S. and Canada. It has been assessed that in the U.S., in 2012, the leading one hundred drugs, in terms of sales volume, possessed chlorine as one of their constituents. Almost 25% of these drugs comprise chlorine in the dose form, and more than 60% of them deploy chlorine in their production process. The production process may deploy chlorine intermediates, which lose their identity in the course of building-up the molecule from smaller constituents. Therefore, chlorine is used in the production of 88% of the popular drugs.
The following are the key industry participants:
Ineous Group Limited, Tata Chemicals Limited, Formosa Plastics Corporation, PPV Industries, Tosoh Corporation, Hanwha Chemical Corporation, AkzoNobel NV, Occidental Petroleum Corporation, OLIN Corporation, and Nouryon, among others.
The following are the leading regions of the global Chlorine market:
Middle East & Africa
Production Method Outlook (Volume, Kilo Tons; 2016-2028 and Revenue, USD Million; 2016-2028)
Mercury Cell Process
Membrane Cell Process
Diaphragm Cell Process
Application Outlook (Volume, Kilo Tons; 2016-2028 and Revenue, USD Million; 2016-2028)
Thank you for reading our report. To know further details about the report or to inquire about customization, please connect with us and we will make sure your report is designed as per your needs.
Like it? Share it!
About the Authormeera
Joined: April 2nd, 2021
Articles Posted: 232
More by this author