Press release
Chlor-Alkali Market Size, Share, Development by 2025
This report focuses on the key global Chlor-Alkali players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Chlor-Alkali with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Chlor-alkali is an industrial process for the electrolysis of sodium chloride. It is the technology used to produce chlorine and sodium hydroxide (lye/caustic soda), which are commodity chemicals required by industry. 35 million tons of chlorine were prepared by this process in 1987. Industrial scale production began in 1892.
Usually the process is conducted on a brine (an aqueous solution of NaCl), in which case NaOH, hydrogen, and chlorine result. When using calcium chloride or potassium chloride, the products contain calcium or potassium instead of sodium. Related processes are known that use molten NaCl to give chlorine and sodium metal or condensed hydrogen chloride to give hydrogen and chlorine.
In 2017, Asia-Pacific was the largest market for chlor-alkali products. The region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from emerging countries of the region. China is the largest chlor-alkali market globally with the highest demand. The region also drives the market owing to the presence of emerging markets, availability of raw materials, and lower labor costs.
In 2019, the market size of Chlor-Alkali is 97000 million US$ and it will reach 147800 million US$ in 2025, growing at a CAGR of 5.4% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Chlor-Alkali.
This report studies the global market size of Chlor-Alkali, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
Market Segment by Manufacturers, this report covers
Olin Corporation
Solvay
Tata Chemicals Limited
Occidental Petroleum Corporation
Axiall Corporation
AkzoNobel
Formosa Plastic Corporation
Hanwha Chemical Corporation
Tosoh Corporation
Nirma Limited
Tronox
Market Segment by Type, covers
Chlorine
Caustic soda
Soda ash
Other
Market Segment by Applications, can be divided into
Textiles
Glass
Soaps & detergents
Metallurgy
Water treatment
Pulp & paper
Other applications
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Related Information:
North America Chlor-Alkali Market Growth 2019-2024
United States Chlor-Alkali Market Growth 2019-2024
Asia-Pacific Chlor-Alkali Market Growth 2019-2024
Europe Chlor-Alkali Market Growth 2019-2024
EMEA Chlor-Alkali Market Growth 2019-2024
Global Chlor-Alkali Market Growth 2019-2024
China Chlor-Alkali Market Growth 2019-2024
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