Chlor-Alkali Market - Detailed Study Analysis and Forecast by 2023
Infinium Global Research has added a new report on Global
Chlor-Alkali Market. The report predicts the market size of Chlor-Alkali is
expected to reach XX billion by 2023.
The global chlor-alkali
market is projected to growing at a CAGR between 5.3% and 5.9% from
2017 to 2023. The chlor-alkali process is an electrolytic process by which
chlorine and alkali are produced from a salt solution. Diaphragm cell process,
mercury cell process and membrane cell process are the three types of
technologies utilized for chlor-alkali process. Caustic soda (sodium
hydroxide), muriatic acid, and potassium hydroxide are the major alkalis’
produced during this process. Usually seawater is used as the brine solution.
If potassium brine is used, the alkali obtained by the process will be potassium
hydroxide. Chlorine is a major chemical building block in various industries
and it accounts for major portion of overall chlor-alkali demand. Chlorine
finds major application in the EDC/PVC industry. Moreover, caustic soda finds
applications in industries such as aluminum, cleaning agents, food, soap,
textiles, and some others.
Market
Insights
The consistent global demand for alumina, pulp and paper, vinyls
and other derivatives provide positive growth opportunities for chlor-alkali
market. Furthermore, heavy investments in alumina industry are expected to
provide growth opportunities for chlor-alkali market, as caustic soda is a
major raw material for alumina refining process. The demand for chlorine is
leading many chlor-alkali manufacturers to upgrade technology as well as
manufacturing facilities to improve the production of allied products as well
to have optimum output and it is expected to help in the growth of the market.
Moreover, the growing demand from industries such as automobile, construction,
food, paper, pulp and other industries are expected to drive the global
chlor-alkali market .Moreover, the demand for chlor-alkali products in
inorganic and organic chemicals industries are expected to enhance the growth
of the global chlor-alkali market during the forecast period. However, the
emission of mercury and carbon during the manufacturing of chlor-alkali has
environmental implications, which in turn is likely to restrain the growth in
this market over the forecast period. Replacing the older technology for
production to overcome this issue is a major challenge for the players in the
global chlor-alkali market during the forecast period. However, with several
chlor-alkali manufacturers are adopting membrane cell technology, there is
significant scope for reduction of environmental impact. This is expected to
drive volume of the chlor-alkali market to grow during the forecast period.
Segments
Covered:
The report segments the global chlor-alkali market by products,
application, and region. The products include Caustic Soda, Chlorine, and Soda
Ash. Further, on the basis of application, caustic soda, chlorine, and soda ash
are further sub segmented.
Company Profiles
AkzoNobel
NV
Axiall Corporation
Bayer Material Sciences Ag
Occidental Petroleum Corporation
Solvay Chemicals
The Dow Chemicals
Tata Chemicals Ltd.
Hanwha Chemical Corporation
Tosoh Corporation
Xinjiang Zhongtai Chemical Co.Ltd.
Axiall Corporation
Bayer Material Sciences Ag
Occidental Petroleum Corporation
Solvay Chemicals
The Dow Chemicals
Tata Chemicals Ltd.
Hanwha Chemical Corporation
Tosoh Corporation
Xinjiang Zhongtai Chemical Co.Ltd.
Key topics covered:
1.
Preface
2. Executive Summary
3.Global Chlor-Alkali Market Overview
3.Global Chlor-Alkali Market Overview
4.
Global Chlor-Alkali Market: IGR Snapshots
5.
Global Chlor-Alkali market by Product (USD Million, KT) 2017 – 2023
6.
Global Chlor-Alkali market by Application (USD Million, KT) 2017 – 2023
7.
Global Chlor-Alkali Market Analysis, by Region (USD Million,, KT) 2017 – 2023
8.
Company Profiles
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