Chlor Alkali Market
Global Chlor-Alkali Market Size, Share & Trends Analysis Report by Product (Chlorine, Caustic Soda, and Soda Ash), and by Application (Paper & Pulp, Gas, Chemicals, Textile, and Others) Forecast Period (2022-2028)
The global chlor-alkali market is anticipated to grow at a substantial CAGR of 5.0% during the forecast period. The market growth is attributed to the growing production capacities of chlor-alkali coupled with its increasing consumption in end-user industries such as gas, chemical, and pulp & paper. In addition, the increasing use of chlorine-based products in soaps and detergents is further expected to fuel the global chlor-alkali industry. The global chlor-alkali market is one of the largest markets in the chemical industry globally with chlorine, soda ash, and caustic soda being the major products.
Impact of COVID-19 Pandemic on Global Chlor-AlkaliMarket
COVID-19 had impacted the globe as one of the incidents that happens in centuries. It had impacted the Chlor-alkali market negatively as well. As one of the major market players, Olin Corp.’s annual report 2020, the COVID-19 global pandemic,and the various governmental, business,and consumer responses to this pandemic, have caused significant disruptions in the US and global economies, which has negatively impacted the demand for several of the products produced by chlorp-alkali products and Vinyls and Epoxy businesses resulting in lower volumes and pricing. As a result, the COVID-19 pandemic has significantly impacted the results of operations and could continue to have negative impacts on the business. These impacts could include plant closures or operating reductions, volatility and decrease in demand for our products,and supply chain interruptions.
Segmental Outlook
The global chlor-alkali market is segmented based on the product and application. Based on the product, the market is segmented into chlorine, soda ash, and caustic soda. Based on the application, the market is sub-segmented into paper & pulp, gas, chemicals, textile, and others. The above-mentioned segments can be customized as per the requirements. Based on the product, chlorine is anticipated to grow significantly during the forecast period. Based on application, gas is anticipated to grow impressively in the upcoming years.
Global Chlor-Alkali MarketShare by Product, 2021 (%)
The Chlorine Segmentis Projected to Grow Significantly in the Global Chlor-Alkali Market
Chlorine has witnessed a rapid expansion in the last few years owing to rising industries such as insecticides, pharmaceuticals, textiles, aromatics, and others. Chlorine is used as a raw material to manufacture a broad range of chemicals, and the industry is further projected to increase consumption. Chlorine is an important raw material used for manufacturing polyvinyl chloride. Moreover, increasing demand for polyvinyl chloride in the construction industry is further expected to enhance the growth of the Chlor-alkali market.
Regional Outlooks
The global chlor-alkali market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement.Asia-Pacific is expected to be a major consumer of chlor-alkali. The major economies contributing to the growth of the Asia-Pacific chlor-alkali market include China, India, and Japan. Further, North America is expected to contribute significantly over the forecast period owing to the rising demand for chlor-alkali products in various end-user industries.
Global Chlor-Alkali MarketGrowth, by Region 2022-2028
The Asia-Pacific Region Anticipated to HoldProminent Share in the Global Chlor-Alkali Market
Asia-Pacific is expected to hold a prominent share in the global chlor-alkali market with China being the major contributor. With the presence of emerging countries such as China, India, Japan, and others in the region, the anticipation for the chlor-alkali has been increasing in the past few years significantly owing to the most populous consumption region across the globe. The market growth is attributed to rapid industrialization, low cost of labor as well as raw materials, and huge manufacturing of chlor-alkali. The market offers major, applications for the production of various products which are in high demand in the region. For instance, China is one of the biggest manufacturers of plastic products, and they sell that product at a very low price across the globe. These toys also require chlor-alkali to make all the products. With its huge population, the potential in the market is huge.
Market Players Outlook
The major companies serving the global chlor-alkali market include Akzo Nobel, Occidental Petroleum Corp., Olin Corp., Solvay SA, Tosoh Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, Asahi Kasei Launched a new service of chlor-alkali electrolysis for membrane process with R2 following the acquisition and joint study.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global chlor-alkali market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Chlor-Alkali Market
• Recovery Scenario of Global Chlor-Alkali Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Akzo Nobel
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Occidental Petroleum Corp.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Olin Corp.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Solvay SA
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Tosoh Corp.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Chlor-Alkali Market by Product
4.1.1. Chlorine
4.1.2. Caustic Soda
4.1.3. Soda Ash
4.2. Global Chlor-Alkali Market by Application
4.2.1. Paper & Pulp
4.2.2. Gas
4.2.3. Chemical
4.2.4. Textiles
4.2.5. Others
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aditya Birla Chemicals
6.2. Chemfab Alkalis Ltd
6.3. DCM Shriram
6.4. FMC Corp.
6.5. Formosa Plastics Corp.
6.6. Genesis Energy, L.P.
6.7. Hanwha Chemical Corp.
6.8. Ineos AG
6.9. Lords Chloro Alkali Ltd.
6.10. Nirma Ltd.
6.11. Shintech, Inc.
6.12. Tata Chemicals Ltd.
6.13. The Sanmar Group
6.14. Westlake Chemical Corp.
6.15. Xinjiang Zhongtai Chemical Co. Ltd.
1. GLOBAL CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL CHLORINE CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CAUSTIC SODA CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SODA ASH CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6. GLOBALCHLOR-ALKALI FOR PAPER & PULP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL CHLOR-ALKALI FOR GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL CHLOR-ALKALI FOR CHEMICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBALCHLOR-ALKALI FOR TEXTILES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL CHLOR-ALKALI FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
14. NORTH AMERICAN CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
15. EUROPEAN CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. EUROPEAN CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
17. EUROPEAN CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
21. REST OF THE WORLD CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. REST OF THE WORLD CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
23. REST OF THE WORLD CHLOR-ALKALI MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL CHLOR-ALKALI MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL CHLOR-ALKALI MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL CHLOR-ALKALI MARKET, 2022-2028 (%)
4. GLOBAL CHLOR-ALKALI MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
5. GLOBAL CHLORINE CHLOR-ALKALI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL CAUSTIC SODA CHLOR-ALKALI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL SODA ASH CHLOR-ALKALI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL CHLOR-ALKALI MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL CHLOR-ALKALI FOR PAPER & PULP MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL CHLOR-ALKALI FOR GAS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL CHLOR-ALKALI FOR CHEMICAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL CHLOR-ALKALI FOR TEXTILES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL CHLOR-ALKALI FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL CHLOR-ALKALI MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. US CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
16. CANADA CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
17. UK CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
18. FRANCE CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
19. GERMANY CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
20. ITALY CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
21. SPAIN CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF EUROPE CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
23. INDIA CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
24. CHINA CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
25. JAPAN CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
26. SOUTH KOREA CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF ASIA-PACIFIC CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD CHLOR-ALKALI MARKET SIZE, 2021-2028 ($ MILLION)
