Chlorine Market Worth ,Revenue, Demand, Share, Size | Global Industry Analysis and Research Report 2021

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Reports and Data has recently published a new report titled “Global Chlorine Market” that offers key insights into market share, market size, revenue growth, current and emerging trends, macro- and micro-economic growth factors, regulatory framework, and geographical bifurcation. The report employs a top-down and bottom-up approach to gain critical insights into the Chlorine market and the data is further validated and verified from industry experts, professionals, and analysts. The report presents an 8-year forecast for the market growth along with market information such as supply and demand ratio, dominant players, market revenue, driving factors, restraints, and challenges to offer a better understanding of the Chlorine market.

The global chlorine market is expected to reach USD 49.20 Billion by 2028, according to a new report by Reports and Data. The growth of the chlorine market may be attributed to growing applications of chlorine amongst the end-user industries, such as the pharmaceuticals, water treatment, and chemical industry, among others.

Pharmaceutical products are a crucial part of the nearly USD 3.00 trillion health care systems of the U.S. and Canada. It has been assessed that in the U.S., in 2012, the leading one hundred drugs, in terms of sales volume, possessed chlorine as one of their constituents. Almost 25% of these drugs comprise chlorine in the dose form, and more than 60% of them deploy chlorine in their production process. The production process may deploy chlorine intermediates, which lose their identity in the course of building-up the molecule from smaller constituents. Therefore, chlorine is used in the production of 88% of the popular drugs.

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Competitive Landscape:

The following are the key industry participants:

Ineous Group Limited, Tata Chemicals Limited, Formosa Plastics Corporation, PPV Industries, Tosoh Corporation, Hanwha Chemical Corporation, AkzoNobel NV, Occidental Petroleum Corporation, OLIN Corporation, and Nouryon, among others.

Regional Segmentation:

The following are the leading regions of the global Chlorine market:

North America

South America

Europe

Asia Pacific

Middle East & Africa

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Production Method Outlook

Mercury Cell Process

Membrane Cell Process

Diaphragm Cell Process

Others

Application Outlook

EDC/PVC

Solvents

Inorganic Chemicals

Organic Chemicals

Others

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