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Global Chlor-alkali Market Poised to Grow beyond Asia Pacific Region by 2023


Infinium Global Research has added a new report on Global Chlor-Alkali Market: Trends Analysis and Forecast 2023.  The report presents analysis of global as well as regional markets of chlor-alkali over the period of 2015 to 2023. The consistent global demand for alumina, pulp and paper, vinyl and other derivatives provide positive growth opportunities for chlor-alkali market. Furthermore, heavy investments in alumina industry is expected to provide growth opportunities for chlor-alkali market, as caustic soda is a major raw material for alumina refining process. The demand for chlorine is leading many chlor-alkali manufacturers to upgrade technology as well as manufacturing facilities to improve the production of allied products as well to have optimum output and it is expected to help in the growth of the market. Moreover, the growing demand from industries such as automobile, construction, food, paper, pulp and other industries are expected to drive the global chlor-alkali market. Moreover, the demand for chlor-alkali products in inorganic and organic chemicals industries are expected to enhance the growth of the global chlor-alkali market during the forecast period.  However, the emission of mercury and carbon during the manufacturing of chlor-alkali have environmental implications, which in turn is likely to restrain the growth in this market over the forecast period. Replacing the older technology for production to overcome this issue is a major challenge for the players in the global chlor-alkali market during the forecast period. However, with several chlor-alkali manufacturers are adopting membrane cell technology, there is significant scope for reduction of environmental impact. This is expected to drive volume of the chlor-alkali market to grow during the forecast period. The global Chlor-alkali market is projected to grow at a CAGR of 5.0% over the period of 2017 to 2023.

 

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Asia-Pacific region is the largest chlor-alkali market in the world. China, India and South East Asian countries drive the Asia-Pacific region with huge consumption of caustic soda, chlorine, and soda ash in industries such as construction, food & beverages, metal refining, paper, plastics, and others. China is among the largest chlor-alkali producing countries in the world and its domestic market has the highest demand for chlor-alkali in the world. Europe and North America are the next major chlor-alkali markets. Major water purification processes used in Europe require chlorine. Moreover, chlorinated compounds are widely used for synthesis of several active chemicals in the pharmaceutical industry. The greater demand for chlorine from these industries drives the European chlor-alkali market. The increase in demand from the automobile industry is expected to drive the North American chlor-alkali market over the forecast period. Further, the demand for chlor-alkali in developing countries drives the growth of chlor-alkali market in the Latin America. African chlor-alkali market received huge investments in the downstream chemicals segment and it is expected to fuel the growth of the market in the region over the period of 2017 to 2023.

 

Global Chlor-Alkali Market by Products

1. Introduction

2. Caustic Soda

3. Chlorine

4. Soda Ash

 

 Global Chlor-Alkali Market by Applications

1. Introduction

2. Caustic Soda

2.1 Alumina

2.2 Food

2.3 Inorganic Chemicals

2.4 Organic Chemicals

2.5 Pulp& Paper

2.6 Soaps and Detergents

2.7 Steel/Metallurgy-Sintering

2.8 Textiles

2.9 Water Treatment

2.10 Other

 

3. Chlorine

3.1 Chlorinated Intermediates

3.2 C1/C2 Aromatics

3.3 EDC/PVC

3.4 Inorganic Chemicals

3.5 Isocyanates

3.6 Organic Chemicals

3.7 Propylene Oxide

3.8 Pulp & Paper

3.9 Water Treatment

3.10 Others

3.11 Soda Ash

3.12 Glass

3.13 Soaps and Detergents

3.14 Metallurgy

3.15 Pulp and Paper

3.16 Others


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