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Chlor-Alkali Market

Chlor-Alkali Market, Size and Segment 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), by Regions and Global Forecast 2022-2028

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.

Chlor-Alkali Market Revenue Graph

Market Dynamics:

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.

Opportunity:

  • Emerging countries have a lot of growth potential.

Challenge:

  • 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.

Key Players:

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.

Market Segment:

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

Chlor-Alkali Market segment Chart

Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

Chlor-Alkali Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.3 Chlorine

 

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

10.4 Metallurgy

10.5 Isocyanates & oxygenates

10.6 EDC/PVC

10.7 Water treatment

10.8 Textiles

10.9 Soaps & detergents

10.10 Alumina

10.11 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profile

12.1 Tata Chemicals Ltd

12.1.1 Financial

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

 

13.Competitive Landscape

1.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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Secondary Research

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