Report Id: SNS/C&M/2342 | July 2022 | Region: Global | 131 Pages
Report Scope & Overview:
Chlor-Alkali Market Size was valued at USD 61.1 billion in 2021, and is expected to reach USD 85.40 billion by 2028, and grow at a CAGR of 4.9% over the forecast period 2022-2028.
In the Chlor-Alkali process, brine water is electrolyzed to make three different products, all of which are called Chlor-Alkali products. Soda ash, chlorine, and caustic soda are these three things. Chlorine is used to make PVC plastic, fertilisers, bleach for paper, dyes and paints, industrial solvents, and a lot of other things. Caustic soda (NaOH) is used to make soap and other cleaning products, paper, alumina, and other chemicals, among other things. Soda ash is used to mine and smelt metals, make lithium-ion batteries, glass, and many other things. Chlor-alkali products are in high demand on the market because they can be used for so many different things. The market is changing for the better because of the way technology is changing the way things are made. The change to a more environmentally friendly way of making things will be good for the market. With more people wanting to buy, the market is likely to keep growing.
Demand will be driven by the steady growth of the chemical industry all over the world.
The fast growth of many industries that use the products
Improvements in technology have changed the way things are made.
Effects of chlor-alkali products on the environment
Its production process, which uses a lot of energy.
Emerging countries have a lot of growth potential.
Getting chlorine from A to B and putting it away
Impact of Covid-19:
The growth rate of the Chlor-Alkali market slowed down in 2020 because of COVID-19 and the global lockdown that followed. The COVID-19 pandemic has had a big effect on both North America and Europe. As a precaution, several manufacturing tasks have been put on hold. Chlor-alkali and other end-use industries were affected by problems in the supply chains, and demand dropped by more than 5 percent in most of the applications. Several expansion projects around the world have been put on hold, which has made less chlor-alkali needed. Around the world, there was a big drop in the demand for both organic and inorganic chemicals. Several chemical companies in North America and Europe are putting more effort into operational efficiency, cost management, and getting the most out of their assets. Key players are also focusing on long-term opportunities, such as new applications, investing in innovations, studying customer buying patterns, and adopting new business models that help sustain growth. Because of the pandemic, many building and infrastructure projects were stopped or put on hold all over the world. So, around the world, there was less demand for PVC, which had an effect on the chlorine market. The demand for glass and polymers fell even more when the auto industry went down. Also, water treatment projects have been pushed back or stopped, which will have a big effect on the market.
Tata Chemicals Ltd, Olin Corporation, Axiall Corporation, Tronox Limited, Solvay SA, Akzo Nobel NV, Covestro AG, Bayer AG, Xinjiang Zhongtai Chemical Co. Ltd, Tosoh Corporation, and other players.
By product type
By the production process
Membrane cell process
Diaphragm cell process
Mercury cell process
Paper & pulp
Isocyanates & oxygenates
Soaps & detergents
Asia and the Pacific is where Chlor-alkali products sell the most. China and India's fast industrial growth is the main force behind growth. China is now the country that makes and uses the most chlor-alkali products. This area is also good for growth because it has a lot of factories that make cars, electronics, and chemicals.
The Chlor-Alkali alkali products market in North America is the second largest in the world. This region is growing because there are a lot of people who use vinyl and companies that make cars.
Over the next few years, Europe's growth is expected to be moderate. Electrifying cars, making paper, and making food and drinks are big industries in this area that create a lot of demand. Germany makes the most chlor-alkali products. About 45 percent of the 20 million tonnes made are made in Germany. Latin America is also a market with a lot of growth. Brazil's food and drink, paper pulp, and chemical industries, which are all growing, are likely to create demand.
A lot of demand also comes from the Middle East and Africa. Chlor-alkali products are used a lot in the oil and car industries in the Middle East.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 61.1 Billion|
|Market Size by 2028||US$ 85.40 Billion|
|CAGR||CAGR of 4.9% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By product type (Caustic soda, Soda ash, Chlorine) By the production process (Membrane cell process, Diaphragm cell process, Mercury cell process)
• By application (Organic chemicals, Food processing, Paper & pulp, Metallurgy, Isocyanates & oxygenates, EDC/PVC, Water treatment, Textiles, Soaps & detergents, Alumina, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Tata Chemicals Ltd, Olin Corporation, Axiall Corporation, Tronox Limited, Solvay SA, Akzo Nobel NV, Covestro AG, Bayer AG, Xinjiang Zhongtai Chemical Co. Ltd, Tosoh Corporation, and other players.|
|DRIVERS||• Demand will be driven by the steady growth of the chemical industry all over the world.
• The fast growth of many industries that use the products
• Improvements in technology have changed the way things are made.
|Restraints||• Effects of chlor-alkali products on the environment
• Its production process, which uses a lot of energy.
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: The growth rate of the Chlor-Alkali market slowed down in 2020 because of COVID-19 and the global lockdown that followed. The COVID-19 pandemic has had a big effect on both North America and Europe. As a precaution, several manufacturing tasks have been put on hold. Chlor-alkali and other end-use industries were affected by problems in the supply chains, and demand dropped by more than 5 percent in most of the applications. Several expansion projects around the world have been put on hold, which has made less chlor-alkali Needed
Ans: Getting chlorine from A to B and putting it away are the challenges faced by the Chlor-Alkali Market.
Ans: Effects of chlor-alkali products on the environment and Its production process, which uses a lot of energy are the restraints for Chlor-Alkali Market.
Ans: Chlor-Alkali Market Size was valued at USD 66.14 billion in 2021, and expected to reach USD 90.01 billion by 2028, and grow at a CAGR of 6.5 % over the forecast period 2022-2028.
Table of Content:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Chlor-Alkali Market Segment, By product type
8.1 Caustic soda
8.2 Soda ash
9.Chlor-Alkali Market Segment, By the production process
9.1 Membrane cell process
9.2 Diaphragm cell process
9.3Mercury cell process
10.Chlor-Alkali Market Segment, By application
10.1 Organic chemicals
10.2 Food processing
10.3 Paper & pulp
10.5 Isocyanates & oxygenates
10.7 Water treatment
10.9 Soaps & detergents
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Tata Chemicals Ltd
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Olin Corporation
12.3 Axiall Corporation
12.4 Tronox Limited
12.5 Solvay SA
12.6 Akzo Nobel NV (The
12.7 Covestro AG
12.8 The Netherlands) Bayer AG
12.9 Xinjiang Zhongtai Chemical Co. Ltd
12.10 Tosoh Corporation
1.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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