The global chlorine market size accounted for USD 15,620 million in 2024 and is expected to exceed around USD 24,490 million by 2034, growing at a CAGR of 4.6% from 2024 to 2034.
The chlorine market refers to the industry that includes the production and supply of chlorine gas and its derivatives for use in a variety of applications. Chlorine is a chemical that is used in the production of many goods like PVC, polyurethane, solvents, refrigerants, chloromethane, and propylene oxide. Chlorine is also used as a disinfectant and bleaching agent in various industries like pharmaceuticals, water treatment, construction, and nutrition. The chlorine growth is driven by increased demand from various industries, a growing need for sanitization and water treatment, and increasing urbanization.
The key restraints that market growth will face in the future are high cost for production, volatile prices, various substitute products, overuse of chlorine in certain areas, stringent regulation, environmental concerns, and the side effects of overuse of chlorine. The chlorine market will grow in the future due to the increasing water pollution and the scarcity of water, the rise in the demand for water treatment plants, and the rising need for polyvinyl chloride. In construction, demand for sanitization, especially in emerging economies, and technological advancement in chemical sciences are expected to bolster growth in the chlorine market in the coming years.
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| Stats ID: | 7544 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7544 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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