The estimated progress path navigated by the global chlorine market will likely traverse at a CAGR of 4.5%, floating its size to USD 24.19 billion by 2034. The global chlorine market size will be measured at a USD 15.58 billion valuation by 2024.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2024 | USD 15.58 billion |
Projected Market Value in 2034 | USD 24.19 billion |
Value-based CAGR from 2024 to 2034 | 4.5% |
The historical figures suggest that the leading chlorine producers helped the chlorine market traverse its progress path at a CAGR of 3.6%. This inflated the market size from USD 12.5 billion to USD 14.91 billion from 2019 to 2023.
The historical period emphasized water sanitation in several areas. The growing consumer awareness regarding pure water surged the demand for disinfectants. Thus, this was a key growth driver of the chlorine market.
The COVID-19 pandemic surged the demand for medicines, where Chlorine is an integral factor. Subsequently, the pharmaceutical industry grew, generating more demand for the leading chlorine producers. Hence, this increased the chlorine market size.
Historical CAGR from 2019 to 2023 | 3.6% |
---|---|
Forecast CAGR from 2024 to 2034 | 4.5% |
Growth drivers of the chlorine market suggest that it will likely be driven by the growing technological infrastructure and innovation trends. Due to this, leading chlorine producers will benefit because the production of chlorine and other related compounds can be simplified, supporting the chlorine market growth.
The growing environmental awareness forecasts an assertive impact of water treatment on chlorine demand. Chlorine, being an effective disinfectant, will be demanded more, driving the chlorine market size.
The growing technological infrastructure and the extensive use by the leading chlorine producers to produce less hazardous chlorine compounds drive the chlorine market growth and size in North America. Moreover, emphasis on water treatment activities drives the market.
Europe’s focus on sustainability enhances investment opportunities in leading chlorine producers, encouraging them to produce innovative chlorine compounds and associated products. The growing population and the rising rate of urbanization in Asia-Pacific create many prospects for the chlorine market, making it a highly contributing region.
Forecast CAGRs from 2024 to 2034
Countries | Forecasted CAGR |
---|---|
South Korea | 2% |
The United States | 2.5% |
Spain | 3.3% |
China | 5% |
India | 6.7% |
In response to the rising precariousness of water pollution, South Korea is investing in water treatment projects. To achieve desired results, leading chlorine producers are asked to use green technology.
This will likely uplift the chlorine demand to be used as a disinfectant. Due to these factors, South Korea will likely experience sluggish progress in the chlorine market size and growth at a CAGR of 2%.
The United States will likely forecast the chlorine market size and growth at a sluggish CAGR of 2.5% through 2034. Polyvinyl chloride is a key compound used in various industries, surging the chlorine demand.
Also, chemical manufacturing utilizes cutting-edge technology, enhancing chemical extraction and storage. So, the chlorine demand will increase, fueling the chlorine market growth.
Leading chlorine producers produce chlorine to meet the needs of the pharmaceutical industry. As chlorine is extensively used in formulating drugs, its demand will likely surge in the forecasted period.
The emphasis on sustainability will encourage the country to use chlorine as a disinfectant, governing chlorine market trends. Consequently, the Spanish chlorine market size and growth will occur at a CAGR of 3.3%.
The Chinese chlorine market will advance moderately at a CAGR of 5%. The increasing rate of industrialization rapidly pollutes water resources, alarmingly increasing water pollution.
The Chinese government focuses on ensuring water security and has developed regulatory policies to reduce the issue. Leading chlorine producers will be in demand due to the increased need for chlorine compounds as disinfectants in several sectors.
Due to the increased governmental support for domestic production, the growth in many key industries is observed. Subsequently, the growth in the Indian chemical industry is observed.
Industries require chlorine substantially, encouraging leading chlorine producers to produce chlorine compounds on a mass level. Therefore, the Indian chlorine market size and growth will be the highest, occurring at a CAGR of 6.7%.
Category | By Application - EDC/PVC |
---|---|
Market Share in 2024 | 32.5% |
Market Segment Drivers |
|
Category | End Use - Plastics |
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Market Share in 2024 | 33.4% |
Market Segment Drivers |
|
Leading chlorine producers vastly govern the chlorine market growth within the competitive landscape. With the implementation of diverse strategies, including partnerships, collaborations, mergers and acquisitions, and penetration, these key players occupy a substantial market space, fueling the chlorine market size.
Strategies for new entrants to compete in the chlorine market include product innovation, effective marketing, and differentiated brand positioning. These will allow new entrants or the start-up ecosystem to propagate, fueling the chlorine market growth.
Key Market Developments
Attributes | Details |
---|---|
Estimated Market Size in 2024 | USD 15.58 billion |
Projected Market Valuation in 2034 | USD 24.19 billion |
Value-based CAGR 2024 to 2034 | 4.5% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD billion |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa |
Key Market Segments Covered | By Application, By End Use, By Region |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
Key Companies Profiled | BASF SE; Olin Corporation; The Dow Chemical Company; Occidental Petroleum Corporation; Ercros; PPG Industries; Hanwha Chemical Corporation; Formosa Plastics Corporation; De Nora; Ineos Group Ltd; INOVYN; Tata Chemicals Limited; Xinjiang Zhongtai Chemicals Co. Ltd; Tosoh Corporation |
Table 1: Global Market Value (USD Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Tons) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 4: Global Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 5: Global Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 6: Global Market Volume (Tons) Forecast by End Use, 2019 to 2034
Table 7: North America Market Value (USD Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 10: North America Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 11: North America Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 12: North America Market Volume (Tons) Forecast by End Use, 2019 to 2034
Table 13: Latin America Market Value (USD Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 16: Latin America Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 17: Latin America Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 18: Latin America Market Volume (Tons) Forecast by End Use, 2019 to 2034
Table 19: Western Europe Market Value (USD Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 22: Western Europe Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 23: Western Europe Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 24: Western Europe Market Volume (Tons) Forecast by End Use, 2019 to 2034
Table 25: Eastern Europe Market Value (USD Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 28: Eastern Europe Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 29: Eastern Europe Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 30: Eastern Europe Market Volume (Tons) Forecast by End Use, 2019 to 2034
Table 31: South Asia and Pacific Market Value (USD Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 35: South Asia and Pacific Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Tons) Forecast by End Use, 2019 to 2034
Table 37: East Asia Market Value (USD Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 40: East Asia Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 41: East Asia Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 42: East Asia Market Volume (Tons) Forecast by End Use, 2019 to 2034
Table 43: Middle East and Africa Market Value (USD Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (USD Million) Forecast by Application, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 47: Middle East and Africa Market Value (USD Million) Forecast by End Use, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Tons) Forecast by End Use, 2019 to 2034
Figure 1: Global Market Value (USD Million) by Application, 2024 to 2034
Figure 2: Global Market Value (USD Million) by End Use, 2024 to 2034
Figure 3: Global Market Value (USD Million) by Region, 2024 to 2034
Figure 4: Global Market Value (USD Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Tons) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 9: Global Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 12: Global Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 13: Global Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 16: Global Market Attractiveness by Application, 2024 to 2034
Figure 17: Global Market Attractiveness by End Use, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (USD Million) by Application, 2024 to 2034
Figure 20: North America Market Value (USD Million) by End Use, 2024 to 2034
Figure 21: North America Market Value (USD Million) by Country, 2024 to 2034
Figure 22: North America Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 27: North America Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 30: North America Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 31: North America Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 34: North America Market Attractiveness by Application, 2024 to 2034
Figure 35: North America Market Attractiveness by End Use, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (USD Million) by Application, 2024 to 2034
Figure 38: Latin America Market Value (USD Million) by End Use, 2024 to 2034
Figure 39: Latin America Market Value (USD Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 45: Latin America Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 48: Latin America Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 49: Latin America Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Application, 2024 to 2034
Figure 53: Latin America Market Attractiveness by End Use, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (USD Million) by Application, 2024 to 2034
Figure 56: Western Europe Market Value (USD Million) by End Use, 2024 to 2034
Figure 57: Western Europe Market Value (USD Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 63: Western Europe Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 66: Western Europe Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 67: Western Europe Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Application, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by End Use, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (USD Million) by Application, 2024 to 2034
Figure 74: Eastern Europe Market Value (USD Million) by End Use, 2024 to 2034
Figure 75: Eastern Europe Market Value (USD Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 84: Eastern Europe Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Application, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by End Use, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (USD Million) by Application, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (USD Million) by End Use, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (USD Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by End Use, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (USD Million) by Application, 2024 to 2034
Figure 110: East Asia Market Value (USD Million) by End Use, 2024 to 2034
Figure 111: East Asia Market Value (USD Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 117: East Asia Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 120: East Asia Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 121: East Asia Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Application, 2024 to 2034
Figure 125: East Asia Market Attractiveness by End Use, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (USD Million) by Application, 2024 to 2034
Figure 128: Middle East and Africa Market Value (USD Million) by End Use, 2024 to 2034
Figure 129: Middle East and Africa Market Value (USD Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (USD Million) Analysis by Application, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 138: Middle East and Africa Market Value (USD Million) Analysis by End Use, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Tons) Analysis by End Use, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Application, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by End Use, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The chlorine market is estimated to progress at a CAGR of 4.5% through 2034.
The chlorine market will likely reach USD 24.19 billion by 2034.
The chlorine market will attain a market size of USD 15.58 billion in 2024.
The chlorine market's EDC/PVC segment will hold 32.5% of the market share in 2024.
The chlorine market's plastics segment will likely secure 33.4% of the market space in 2024.
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