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Global Chlorine Derivatives Market InsightFebruary 9, 2022 Comments
The Chlorine Derivatives is forecast to smooth over the next few years. According to the WK-chem Research “Global Chlorine Derivatives Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the disinfectant industry，the Chlorine Derivatives industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 6.00%.
“The use of Chlorine Derivatives technology in the manufacture and use of disinfectant is expected to provide various opportunities for market growth, Senior analyst, Chemical & Material Market Research Center in WK-chem.”It is expected that during the forecast period, the disinfectants and water treatment industry will dominate the global Chlorine Derivatives market.”
Growing use of chlorine and chlorine derivatives as disinfectants globally is driving market growth. The World Health Organization (WHO) approves the use of chlorine as the primary disinfectant. Chlorine can be added to water to disinfect and kill bacteria. Therefore, chlorine and chlorine derivatives are used in water and wastewater treatment in developed and developing regions to provide people with safe water. The limited availability of drinking water has led to the recycling of wastewater, which has created demand for water treatment plants, which in turn has propelled this market. In addition, the demand for chlorine and chlorine-derived products in water-scarce regions such as African countries is also growing.Growing use in the pharmaceutical and personal care industries. Chlorine and its derivatives are considered important industrial chemicals for various end-user industries including the pharmaceutical and personal care industries. Demand for chlorine and its derivatives is growing in the pharmaceutical industry as chlorine is considered a major ingredient in medical drugs used to treat asthma, blood pressure, epilepsy, inflammation, and anemia.
This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Chlorine Derivatives companys that include BASF SE、Ecolab Inc、Kemira OYJ、Solenis LLC、Akzo Nobel NV .etc.
Segmentation of Chlorine Derivatives Market:
Chlorine and chlorine derivatives can be classified by type: chromium chloride, ferric chloride, cupric chloride, calcium chloride, sodium hypochlorite, monochloroacetic acid, hydrochloric acid, etc. Sodium hypochlorite held the largest share at over one-third in 20121 and is expected to witness significant growth in the global chlorine and chlorine derivatives market over the forecast period. This growth is attributed to its large-scale widespread use in surface purification, bleaching, deodorization, and water disinfection. Although sodium hypochlorite is corrosive, sodium hypochlorite is safe to transport and store. Sodium hypochlorite breaks down naturally, so it should not be stored for more than a month at a time.By application can be divided into: water and wastewater treatment, cosmetics and personal care, pharmaceuticals, pigments and paints, household and industrial cleaning, chemical, paper and pulp, pesticides, etc. The water and wastewater treatment segment accounted for the largest share of over a quarter in 2021 and is expected to witness the highest CAGR in the chlorine and chlorine derivatives market over the forecast period owing to the increasing use of chlorine disinfectants. Drinking water, swimming pool and well water treatment. This is an effective water treatment method because it eliminates excess pathogens relatively quickly. Therefore, due to these factors, it is widely used in the municipal industry.
Chlorine Derivatives Market: Regional Analysis
In terms of geography, the global Chlorine Derivatives market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Among these regions, Asia Pacific will hold the largest share of over 40% in 2021 and is expected to witness the highest CAGR in the global chlorine and chlorine derivatives market during the forecast period, followed by North America and Europe. This growth is attributed to the growing population in the region and the development of the wastewater treatment industry. Furthermore, the fastest growing industrial sector is also contributing to the growth of this market in Asia Pacific. In addition, China, Japan, India, Thailand, and Malaysia are the major countries driving the growth of the chlorine and chlorine derivatives market in the Asia-Pacific region.
Largest share area：Asia-Pacific
Largest share country：China
Product Type：Chromium Chloride, Iron Chloride, Copper Chloride, Calcium Chloride
Application：Water Treatment, Textile Bleaching, Solvent Manufacturing, Insecticide Manufacturing
Leading Company：Honeywell，AGC Chemicals，Nouryon，Ercros，Aditya Birla Chemicals