The Chlor-Alkali market is expected to gain its size between 2019 and 2026 and projected to reach 149,837 million USD by 2026 with a CAGR of 5.11%. Global economic development, government policy adjustment, related industrial dynamics, industry upgrading, and competition among enterprises are influencing the development of Chlor-Alkali market. A distinctive and comprehensive picture of the Chlor-Alkali market is embodied in the report.
The Chlor-Alkali market growth is mainly attributed to the upgradation and industrialization to technology to manufacturing chlorine in an effective manner and the growing demand for plastic paints, elastomers. On the other side, government regulations for environmental safety in regards to the mercury and carbon emissions from these products and lack of standardization in this sector are some factors that projected to hinder the market growth.
The Asia Pacific was the leading market with a share of 46.35% and expected to maintain dominance during the forecast period. This growth is supported by lucrative, fast-growing technological industries and the growing manufacturing market in these regions. China and Japan have built an advantage of having most of the manufacturing and consumption market, thus providing the maximum contribution in the global chlor alkali market. North America is currently leading Europe with a share of 24.18% and 21.39%.
What is Chlor-Alkali
Chlor Alkali chemicals are the ones produced by electrolysis of sodium chloride (Brine solution). The market is broadly categorized into three segments namely Caustic Soda (NaOH), Chlorine & Soda Ash (Sodium Bicarbonate) which are collectively known as chlor alkali chemicals. These chemicals are usually basic in nature and fall under the category of bulk chemicals.
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Report Abstract
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Chlor-Alkali Type Classification
Caustic soda segment is anticipated to be the largest market segment during the forecast period.
Chlor-Alkali End-users Classification
Leading Vendors
Global Chlor-Alkali Market Region Outlook
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Chlor-Alkali Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Chlor-Alkali Market by Types
4 Segmentation of Chlor-Alkali Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Chlor-Alkali Market in Major Countries
7 North America Chlor-Alkali Landscape Analysis
8 Europe Chlor-Alkali Landscape Analysis
9 Asia Pacific Chlor-Alkali Landscape Analysis
10 Latin America, Middle East & Africa Chlor-Alkali Landscape Analysis
11 Major Players Profile
11.1 Olin Corporation
11.1.1 Olin Corporation Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Solvay S.A
11.3 Tata Chemicals Limited
11.4 Occidental Petroleum Corporation
11.5 Axiall Corporation
11.6 AkzoNobel N.V.
11.7 Formosa Plastic Corporation
11.8 Hanwha Chemical Corporation
11.9 Tosoh Corporation
11.10 Nirma Limited
11.11 Tronox
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