Chlorinated Intermediates Market is expected to witness market growth at a rate of 5.1% in the forecast period of 2022 to 2029 and is expected to reach USD 3,911.6 million by 2029. Data Bridge Market Research report on chlorinated intermediates market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for chlorine derivatives from various end-use industries such as water, pharmaceutical, cosmetic, plastic, food processing, adhesives, paints & coatings is escalating the growth of chlorinated intermediates market.
Chlorine is referred to as a chemical element and a strong oxidizing agent that is utilized to make various products in different sectors such as security and transportation, technology, health and safety, and nutrition. The most common compound of chlorine is sodium chloride also known as common salt. Elemental chlorine can be dissolved in chemically basic water to use due to its anti-putrefaction agents and disinfectants. Chlorinated organic compounds are commonly of great concern, but there are several concerns related to how they are generated.
Major factors that are expected to boost the growth of the chlorinated intermediates market in the forecast period are the rise in the development of chemical industry in the emerging countries and the increasing plastic and construction industry. Furthermore, the growing end user segments and higher production facilities is further anticipated to propel the growth of the chlorinated intermediates market. Moreover, the rise in the need from water treatment plants and pharmaceutical industry is further estimated to cushion the growth of the chlorinated intermediates market. On the other hand, the environmental concerns and the energy-intensive operations is further projected to impede the growth of the chlorinated intermediates market in the timeline period.
In addition, the developments in the growing countries will further provide potential opportunities for the growth of the chlorinated intermediates market in the coming years. However, the transportation of chlorine and the change from the mercury cell process might further challenge the growth of the chlorinated intermediates market in the near future.
This chlorinated intermediates market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the chlorinated intermediates market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
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Some of the major players operating in the chlorinated intermediates market are Hanwha Chemical Corporation, INEOS, Dow, Tosoh Corporation, PPG Industries, Inc., Tata Chemicals Ltd., BASF SE, FMC Corporation, Olin Corporation., Formosa Plastics Corporation, Occidental Petroleum Corporation, Xinjiang Zhongtai Chemicals Co. Ltd., NIRMA., Akzo Nobel N.V., Ercros S.A., Westlake Chemical Corporation, BorsodChem, Covestro AG, KEM ONE, and Nouryon among others.
Global Chlorinated Intermediates Market Scope and Market Size
The chlorinated intermediates market is segmented on the basis of type and end use industries. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, the chlorinated intermediates market is segmented into carbon tetrachloride, chloroform fluorocarbon, methyl chloride, perchloroethylene and trichloroethylene thymol.
On the basis of end use industries, the chlorinated intermediates market is segmented into water treatment industry, pharmaceutical industry, chemical industry, paper and pulp industry, plastic industry and pesticides industry.
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Chlorinated Intermediates Market Country Level Analysis
The chlorinated intermediates market is analysed, and market size, volume information is provided by country, type and end use industries as referenced above.
The countries covered in the chlorinated intermediates market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the chlorinated intermediates market due to the rise in the urbanization. Furthermore, the growing demand for fresh water in several countries will further boost the growth of the chlorinated intermediates market in the region during the forecast period. North America is projected to observe significant amount of growth in the chlorinated intermediates market due to the Key manufacturers are experiencing a change from mercury-based production to membrane-based technology.
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