Chlor-Alkali Market is forecast to reach 137.4 Million Tonnes by 2030 | ChemAnalyst

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Chlor-Alkali Market Analysis Plant Capacity,
Production, Operating Efficiency, Demand
Supply, End-User Industries, Distribution
Channel, Regional Demand, 2015-2030 According
to ChemAnalyst report, Global Chlor Alkali
Market Plant Capacity, Production, Operating
Efficiency, Demand Supply, End Use,
Distribution Channel, Region, Competition,
Trade, Customer Price Intelligence Market
Analysis, 2015-2030, global Chlor Alkali market
has shown significant growth in historic period
and is anticipated to achieve a healthy CAGR of
4.35 during the forecast period. Growing demand
for emerging electrolysis technologies for the
production of Chlorine, Caustic Soda, and other
sodium and chlorine-based derivatives in order
to increase the environment sustainability for
various applications such as bleaching kraft
pulps, manufacturing of Chlorofluorocarbons,
disinfecting the drinking water, cleaning of
surface using chlorinated solvents and others is
likely to boost the Chlor Alkali market worldwide
in the upcoming years. Get more information
https//www.chemanalyst.com/industry-report/chlor-
alkali-market-561 The Chlor Alkali is an
industrial process that is used for the
manufacturing of Chlorine, Hydrogen and Sodium
Hydroxide i.e., Caustic soda, which are key
chemicals for various end-user industries
including paper and pulp, textiles, wastewater
management, soaps and detergents, organic
chemicals etc. These chemicals are produced by
the electrolysis of Sodium Chloride solution
(brine solution) in which the three main
technologies include membrane cell, mercury cell
and diaphragm cell. The process of membrane cell
is superior and widely used method as it is
energy efficient and lack harmful chemicals. The
Chlor Alkali market is segmented on the basis of
Caustic Soda and Soda ash products that are the
primary products used in the process. The three
key ingredients to make chlorine
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are salt, electricity and water which further
produces elemental Caustic Soda (often sodium
hydroxide or NaOH), chlorine (Cl2), and hydrogen
(H2). Due to the highly reactive nature of these
products, technologies have been developed to
keep them apart and safe. The products that are
made from Chlor Alkali process including
Chlorine, Hydrogen, and Caustic solutions are
used in numerous industrial applications. The
primary applications of Chlorine are used in
PVC, organic chemicals for soda ash, inorganic
chemicals, Chlorinated intermediates, soaps and
detergents, pulp and paper industries and
others. The growing demand of Chlorine in organic
and inorganic chemical industry is expected to
augment the Chlor Alkali market worldwide in the
upcoming years. Chlorine ad Hydrogen being the
key products of the process find its
applications in the production of Hydrochloric
acid which is extensively used for the
manufacturing of Ammonium Chloride, Alumina,
cosmetics and medicines. Bleaching powder as a
by-product of Chlor Alkali process is widely used
as a disinfectant also to make the water
portable. In addition, the emerging technologies
utilized in the procedure to make it
environmentally practicable is anticipated to
give the Chlor Alkali industry a big push during
the forecast period. Another important
by-product is Caustic soda which act as a
versatile Alkali and a key commodity chemical
for paper and pulp industry. The demand of
Caustic soda due to the favourable growth in
food processing industries and pulp industries as
they are introducing Sulphur free processes, is
likely to propel the global Chlor Alkali market.
Increased urbanization has enhanced the demand of
Alumina from the automotive industry is also
expected to surge the Chlor Alkali market during
the forecast period. In 2020, due to the spread
of COVID-19, Automotive, Paper and pulp
industries were among the most affected
industries. During the global crises, due to
nationwide lockdowns and government restrictions
many companies halted their operations which
caused the decrease in the production and global
supply chain. Hindrance in sales and
distribution impacted the demand of Chlor Alkali
for the first half of 2020.
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• Region wise, APAC region holds the largest share
  of Chlor Alkali market worldwide due to an
  increase in the demand of Caustic soda and
  Chlorine production for various industries such
  as pulp and paper, detergents and automotive.
  However, increasing population and per capita
  income in countries like China and India are
  promoting the high production capacities for
  chlor-alkali derivatives and products will boost
  the Chlor Alkali market in upcoming years.
• Major Players
• Formosa Plastics Corporation,
• Akzo Nobel NV,
• Occidental Petroleum Corporation,
• INEOS,
• Tata Chemicals Ltd,
• Tosoh Corporation,
• Hanwha Solutions/Chemical Corporation,
• Kemira,
• Olin Corporation
• Being linked to the downstream applications in
  soaps and detergents, paper and pulp textiles
  and other Industries etc, the global Chlor Alkali
  Industry has shown a significant growth along
  with the growing macro-economic factors and
  changing in the consumer preference. It is
  anticipated that India is going to become the
  world's fifth largest consumer market by 2025.
  In addition, growing per capita income worldwide
  poised a stronger outlook to the countrys Chlor
  Alkali demand. The governments restrictions and
  nationwide lockdowns due to the pandemic affected
  the global supply chain logistics and caused
  immediate shortage of key ingredients hence
  increased the prices of Chlor Alkali Meanwhile,
  China serves as the key growth region as well
  with sufficiently installed capacities and
  emerging technologies. With new competitors
  emerging across the Asian Chlor Alkali market,
  it is crucially important to keep an eye which
  region will grab the biggest market

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share during the forecast period. said Mr. Karan
Chechi, Research Director with TechSci Research,
a research-based management consulting firm
promoting ChemAnalyst worldwide. 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
Attribute Details
Market size volume in 2020 90 million tons
Growth Rate CAGR of 4.35 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2022 2030
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered By Application (Alumina, Pulp and Paper, Organic Chemical, Inorganic Chemical, Detergent and Soap, Textile) By Product (Chlorine, Caustic Soda, Soda Ash, Other Sodium and Chlorine Derivatives.) By Sales Channel (Direct/Institutional Sales, Retail Sales, Other Channel Sales)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
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Key companies profiled Akzo Nobel NV, Formosa Plastics Corporation, INEOS, Occidental Petroleum Corporation, Tata Chemicals Ltd, Tosoh Corporation, Hanwha Solutions/Chemical Corporation, Kemira, Olin Corporation.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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