The global Chlor-alkali market is expected to grow at a CAGR of 5.0% during the forecast period. The market growth is attributed to the growing production capacities of Chlor-alkali coupled with its increasing consumption in end-user industries such as gas, chemical, and pulp & paper. In addition, increasing use of chlorine-based products in soaps and detergents is further expected to fuel the global Chlor-alkali industry. The global Chlor-alkali market is one of the largest markets in the chemical industry globally with chlorine, soda ash, and caustic soda being the major products.
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Chlor-alkali is used for the production of chlorine, caustic soda, and other chlorine-based derivatives including bleaching powder, hydrochloric acid, chlorinated paraffin, sodium hypochlorite, and hydrogen gas. The procedure includes electrolysis of sodium chloride solution. With the growing industrialization, manufacturers are setting up new production facilities for making allied products in a proficient manner. The majority of the manufacturers are shifting towards the trend of manufacturing Chlor-alkali using membrane cell technology for reducing harm to the environment.
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The global Chlor-alkali market report covers a comprehensive analysis of various players operating in the market. Some of the key players covered in the report include Akzo Nobel N.V., Tosoh Corp., Olin Corp., Solvay SA, Occidental Petroleum Corp., Tata Chemicals Ltd., Genesis Energy, L.P., Aditya Birla Chemicals, and others. Solvay SA is one of the leaders with a strong product line and a diverse revenue stream. The company with strong R&D laboratories is capable of giving a tough competition to other players in the market. The key strategies adopted by the market players include product launch, partnership and collaboration, and product expansions to stay competitive in the market. Additionally, other market leader tries to invest in the production facilities and establish merger and acquisition with other key players to stay competitive.
Global Chlor-Alkali Market- Segmentation
By Type
- Fixed
- Mobile (C-arms)
By Application
- Cardiology
- Orthopedic
- Gastroenterology
- Urology and Nephrology
- Other Applications (Neurology and General Surgery)
Global Chlor-Alkali Market- Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
