DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Chlorine Market Analysis By Application (EDC/PVC, Organic Chemicals, Inorganic Chemicals, Isocyanates, Chlorinated Intermediates, Propylene Oxide, Pulp & Paper, C1/C2 Aromatics, Water Treatment) And Segment Forecast To 2024" report to their offering.
The global chlorine market is expected to reach USD 39.31 billion by 2024
Chlorine serves as an important raw material in various chemical industries. It is also an essential ingredient for PVC production, which has observed increasing demand in construction, automotive, and packaging industries. These factors are anticipated to drive the global chlorine market.
Increasing demand for chlorine across various industries for manufacturing intermediate products such as hydrochloric acid, chlorides, etc. is expected to be a key factor influencing the market growth.
Price fluctuations due to uneven demand and supply particularly in Asia Pacific are expected to pose challenges to key industry participants in the region. Chlorine is highly reactive when it comes in contact with other materials which increase handling risk. Toxicological nature of chlorine also adds up to the market challenges.
EDC/PVC was the largest application segment and accounted for 34.5% of global demand in 2015. Escalating PVC demand in construction industry is expected to drive this segment over the forecast period. It is also expected to witness the highest growth of 4.8% over the forecast period.
Key market players include:
- Akzonobel NV
- Formosa Plastics Corporation
- Hanwha Chemical Corporation
- Ineos Group Limited
- Occidental Petroleum Corporation (OXY)
- OLIN Corporation
- PPV Industries
- Tata Chemicals Limited
- The DOW Chemical Company
- Tosoh Corporation
Key Topics Covered:
1. Methodology and Scope
2 . Executive Summary
3 . Chlorine Industry Outlook
4 . Chlorine Application Outlook
5 . Chlorine Regional Outlook
6 . Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/zplmgz/chlorine_market