Chlorine Market
                     Chlorine Market to Witness a Pronounce Growth During 2018 – 2026
Chlorine derivatives are used for various applications such as disinfection bleaching, organic 
chemicals, inorganic chemicals, and metal separation. Chlorine is an efficient disinfectant and is 
widely used for water treatment processes. Growing residential sector and industrial water 
treatment industry is expected to propel demand for chlorine in water treatment.
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Key Players:
Major players operating in the global chlorine market include, BASF SE, Occidental Chemical
Corporation, Ercros SA, Ineos Group Ltd., Olin Corporation, PPG Industries, Tosoh Corporation,
Dow Chemical Company, Westlake Chemical Corporation, Solvay S.A., Akzo Nobel N.V., and
Covestro AG
The global chlorine market is expected to exhibit significant growth over the forecast period,
owing to  increasing  demand for  chlorine from end-use industry.  Caustic  soda  from chlorine
industry is used for pulping wood chips and compounds of chlorine are used to bleach wood and
paper pulp in paper production process. Therefore, growing paper industry is also expected to
fuel growth of the chlorine market. According to Confederation of European Paper Industries,
pulp and paper industry turnover in Europe was over US$ 94 million in 2016, with 0.4% increase
from 2015.
However, increasing environmental awareness is a major factor restraining growth of the chlorine
market. According to Euro Chlor, in 2015, emissions for all mercury cells across Western Europe
reached 0.68 grams per ton of chlorine capacity, which was slightly higher than the all-time low
of 0.74 grams per ton of chlorine capacity in 2014. From October 2007, all EU chlor-alkali plants
whether membrane,  mercury or diaphragm require an operating permit  under the Integrated
Pollution Prevention and Control (IPPC) Directive. However, increasing adaption of membrane
technology that has less impact on the environment is expected to boost the market growth.
The global chlorine market was valued at US$ 13,948.7 million in 2017 and is expected to
register a CAGR of 5.0% in terms of revenue, over the forecast period (2018 – 2025), to reach
US$ 20,493.0 million by 2025.
Among end-use industry, chemical segment accounted for the highest market share of 53.7% in
2017 and it is expected to increase during the forecast period. Chlorine is used in plastic and
chemical synthesis. For instance, titanium tetrachloride — an inorganic chemical — is further
processed to create titanium dioxide — which is used primarily as a filler in pulp and paper
manufacturing and as a pigment in paint and plastics manufacturing. Various inorganic chlorides
are used in agriculture. For instance, phosphorus and sulfur chlorides are used as an intermediate
for  agrochemicals  such  as  pesticides  and  herbicides.  According  to  the  India  Brand  Equity
Foundation (IBEF), agrochemical sector in India was valued at US$ 2.2 billion in 2017 and it is
expected to reach US$ 7.5 billion by 2019, witnessing a CAGR of 13.18% during the forecast
period (2013-2019).
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North America accounted for the third largest market share in the global chlorine market in 2017.
This is owing to increasing demand for chlorine from end-use industries such as pharmaceutical,
chemical,  and paper and pulp.  Chlorine is widely  used by pharmaceutical industry for  drug
synthesis. According to American Chemistry Council, in 2012, chlorine and its derivatives were
used in manufacturing widely sold 100 pharmaceuticals and chlorine was used for manufacturing
at least 88% of the prescription pharmaceuticals sold in the U.S. and Canada in 2016. Therefore,
growing pharmaceutical industry in the U.S. is another factor driving growth of the chlorine
market. According to the International Trade Association (ITA), the total pharmaceutical sales in
2016 was valued at US$ 333 billion in the U.S.
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