Chlor-Alkali Market: Industry Trends, Share, Size, Growth and Research 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Chlor-Alkali Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global chlor-alkali marketshare, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

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Report Attributes

Details

Market Size in 2022

US$ 66.9 Billion

Market Forecast in 2028

US$ 89.6 Billion

Growth rate (2023 to 2028)

CAGR of 4.9%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What are chlor-alkali?

Chlor-alkali is an industrial procedure, which is utilized for manufacturing chlorine (Cl), hydrogen (H2), and sodium hydroxide (NaOH) through the electrolysis of sodium chloride (NaCl) solution. It is extensively deployed in the chemical sector for the production of caustic soda, bleaching powder and sodium hypochlorite (NaCIO). At present, chlor-alkali is differentiated into three electrolytic procedures for manufacturing chlorine, such as the diaphragm, mercury, and the membrane cell process.

What are the growth prospects and trends in the chlor-alkali industry?

The extensive utilization of chlor-alkali for manufacturing various products, such as paper bleaching, paints, industrial solvents, fertilizers, PVC plastics, and dyes, is one of the key factors driving the chlor-alkali market. Moreover, due to growing environmental consciousness, the member cell technology is increasingly being utilized to produce chlorine in a sustainable manner, which, in turn, is facilitating the market growth. Other than this, the increasing demand for chlorine, soda ash and caustic soda in the industrial sector is creating a positive outlook for the market across the globe.

Who are the key players operating in the industry?

The report covers the major market players including: 

  • AGC Inc.
  • Akzo Nobel N.V.
  • Covestro AG
  • Formosa Plastics Corporation
  • INOVYN Chlorvinyls Limited (INEOS AG)
  • Kemira Oyj
  • Occidental Petroleum Corporation
  • Olin Corporation
  • PCC SE
  • Tosoh Corporation
  • Vynova Group
  • The International Chemical Investors Group
  • Westlake Chemical Corporation
  • TTWF LP

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

  • Caustic Soda
  • Chlorine
  • Soda Ash
  • Others

Breakup by Production Process:

  • Membrane Cell
  • Diaphragm Cell
  • Others

Breakup by Application:

  • Pulp and Paper
  • Organic Chemical
  • Inorganic Chemical
  • Soap and Detergent
  • Alumina
  • Textile
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Key Highlights of the Report:                                                           

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/chlor-alkali-market/requestsample

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:                                                                     

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
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State: NY
Country: United States

 

 

 

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