The global chlorine market is highly fragmented due to the presence of many established and local players across the world.

 

chlorine market

Chlorine, found in 1774, is a yellow-green gas at room temperature, profoundly receptive and has a place with a halogen family and hence a salt-framing component. It is normally accessible in uncombined structure yet will in general bond with different components. Chlorine is pretty much as weighty as air, has a seriously stifling scent and is amazingly toxic because of which it was utilized in substance fighting in World War I. It is removed from chlorides through mining and electrolysis. In its strong and fluid structure it is an incredible oxidizing, cleaning, and fading specialist. It is additionally significantly utilized in the creation of water pipes, polyvinyl chloride (PVC) outlines, vehicle insides, electrical wiring protection, blood packs, vinyl flooring, materials, plastics, and oil based commodities. Chlorine is utilized as a sanitizers for water sterilization. Chlorine can likewise be utilized for the stopping of most microorganisms and is relatively modest. It is a key supplement, essential for human digestion and devoured as a typical salt.

The global chlorine market was valued at US$ 13,948.7 million in 2017 and is expected to register a CAGR of 5.0% in terms of revenue, over the forecast period (2018 – 2025), to reach US$ 20,493.0 million by 2025

Among derivatives, propylene oxide segment accounted for significant market share in the global chlorine market in 2017. This is owing to increasing use of propylene oxide in the production of polyethers. Propylene glycol and epichlorohydrin is used in the production of epoxy resins which is used in coatings, adhesives, and plastics. Use of chlorine for manufacturing epichlorohydrin is expected to increase, owing to high demand for epoxy resins from the construction industry. According to Epoxy Europe, an initiative of the Epoxy Resin Committee (ERC), demand for epoxy resins from the construction sector in Europe accounted for 60 kilo tons (23% of total production volumes), creating turnover over US$ 200 million in 2013.

Major players operating in the global chlorine market include, BASF SE, Occidental Chemical Corporation, Ercros SA, Ineos Group Ltd., Olin Corporation, PPG Industries, Tosoh Corporation, Dow Chemical Company, Westlake Chemical Corporation, Solvay S.A., Akzo Nobel N.V., and Covestro AG

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