Global Chlorine Market Overview:
According to a new report published by Maximize Market Research titled Global Chlorine Market by Intelligent Virtual Assistant, End User, Distribution Channel, Price, and Geography: Industry Analysis and Forecast (2021-2027).
Research assists decision makers in devising strategies and plans for their regions by analysing trends in the market, the industry environment, dominant characteristics of the market, and their short- and long-term ramifications.
The research analyzes the impact of COVID-19 lock-down on the income of industry leaders, followers, and disruptors. The impact varies by region and segment because lockdown was implemented differently in different locations and countries. The current short and long term market impact has been covered in the research, which will assist decision makers in preparing the framework for short and long term strategies for enterprises by region.
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Global Chlorine Market Dynamics:
The World Health Organization has approved the use of chlorine as a primary disinfectant (WHO). Chlorine can be used in water to disinfect and kill bacteria. Official standards define acceptable chlorine levels in drinking water for home and industrial use as up to 4 milligrammes per litre. Many governments, non-profits, and businesses all over the world are working on projects to clean, protect, and filter water natural resources in order to provide safe and sanitary water in a variety of sectors, including residential, industrial, and recreational activities.
The use of chloramine and chlorine in water treatment plants has been approved by the United States Environmental Protection Agency (EPA). These initiatives were launched in response to water scarcity in many rural areas, and they are intended to boost the chlorine market.
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Global Chlorine Market Segmentation:
The Chlorine market is divided into the following application types: Ethylene Dichloride (EDC), Organic Chemicals, Inorganic Chemicals, Chlorinated Intermediates, Chlorine Aromatics, and Others.
In terms of revenue, the Ethylene Dichloride (EDC) segment was dominant in 2020, accounting for 35.67% of the overall market. This segment is expected to grow at the fastest rate of 4.8 percent during the forecast period, driven by rising PVC demand in the construction industry.
The Pharmaceutical segment was dominant in 2020, accounting for more than 65.23 percent of the overall market share in terms of revenue, as the emergence of the COVID-19 pandemic resulted in an increase in the production of medicines around the world, which directly drives chlorine demand. This segment is expected to be dominant throughout the forecast period as well.
Global Chlorine Market Key Players:
- Ercros S.A
- BASF SE
- Olin Corporation
- PPG Industries
- FMC Corporation
- Hanwha Chemical Corporation
- Tata Chemicals Ltd.
- Tosoh Corporation
- AkzoNobel
- Occidental Petroleum Corporation
- Hanwha Chemical Corporation
- Ineos Group Ltd.
- Formosa Plastics Corporation
- The Dow Chemical Company
- Xinjiang Zhongtai Chemicals Co. Ltd.
- Nirma Ltd.
- Westlake Chemical Corporation
- Covestro AG
- Chlorine Specialties, Inc.
- Seatex Ltd.
- Fluid Metering, Inc.
- The Stutz Company
- Aqua Phoenix Scientific Inc.
- Others
COVID-19 Impact Analysis on Global Chlorine Market:
Consumer and demand movements, purchasing behaviour, supply chain transformations, and current market power dynamics are examined in the report. The impact of COVID-19 on the Global Chlorine market, as well as insights, analyses, estimates, and predictions, are discussed in this updated report. In this report, we examine the impact of COVID-19 lockout on market leaders, followers, and disruptors. Based on the way the lockdown was implemented, the impact varies by location and region.
Global Chlorine Market, Key Highlights:
- The report provides analysis and projection of the Global Chlorine market in terms of value.
- Market drivers, constraints, and opportunities driving the growth of the Global Chlorine Market are all examined in depth.
- The Global Chlorine Market has been segmented based on Intelligent Virtual Assistant, End User, Distribution Channel, Price, and geography (country-wise).
- This report analyses the Global Chlorine Market with respect to individual growth trends, future prospects, as well as the contribution of various submarket stakeholders.
- Analysis and forecasts for the Global Chlorine market for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-level segmentation.
- A profile of key industry participants and an analysis of core competencies are included, in addition to strategic perspectives, market positioning, and analyses of core competencies.
- The top companies active in the Global Chlorine Market are profiled in terms of their competitive advancements, investments, strategic growth, and competitive landscape.
About Maximize Market Research:
Maximize Market Research, an industry research firm with a dedicated team of specialists and data, has conducted comprehensive research on the Global Chlorine market. Maximize Market Research provides B2B and B2C research on 6,500 high-growth, emerging technologies for the chemical, healthcare, pharmaceutical, electronics, Internet of Things, food and beverage, aerospace, and defence industries. Maximize Market Research analyses the competitive landscape of sectors in addition to evaluating and estimating market size.
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