0

Liquid Chlorine Market Expected to Reach $8.93 Billion by 2031—Allied Market Research

 
2022
Liquid Chlorine Market

Report Code : A18450

quote The global liquid chlorine market is expected to possess high growth potential in the coming years owing to increase in its use across many sectors in agricultural, water treatment, pharmaceuticals, pulp & paper and others. Besides, the increase in demand for liquid chlorine as disinfectant in waste-water treatment industry is predicted to propel the growth of the liquid chlorine market during the forecast period. However, the health hazards associated with liquid chlorine is predicted to hinder the market growth. Nevertheless, the growth of the chemical industry coupled with increase in usage of liquid chlorine in chemical processing is anticipated to create ample growth opportunities for the liquid chlorine market in the coming years. quote

Yerukola Eswara Prasad - Manager
Materials and Chemicals at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Liquid Chlorine Market," The liquid chlorine market was valued at $5.59 billion in 2021, and is estimated to reach $8.93 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

Liquid chlorine is widely used to enhance the disinfection process by aiding in the oxidation of several elements, including hydrogen sulphide, iron, and manganese that are present in water. Another primary industrial application of chlorine is in the manufacturing of plastics and polymers such as polyurethane and polyvinyl chloride. Also, it is extensively used in industries including pharmaceutical and agriculture.

Liquid chlorine serves as a reactive intermediary in the synthesis of inorganic compounds such as hydrochloric acid, chloro sulphonic acid, and metallic chlorides. In the water treatment business, liquid chlorine is frequently used for disinfection as well as the oxidation of iron and manganese. Liquid chlorine is also a part of the sewage and industrial waste treatment process. Chlorine is used as a bleaching agent in the manufacturing of paper and fabric. It is also found in cleaning goods like bleach, which is chlorine dissolved in water. It is used in the textile industry to bleach cotton yarn and textiles, and in the pulp and paper sector to whiten pulp. Diabetes, high blood pressure, high cholesterol, asthma, seizures, cancer, and depression are treated with chlorine. Approximately 85% of pharmaceutical medications are manufactured with chlorine or chlorinated chemicals.

The growth of the global liquid chlorine market is majorly attributable to its wide applications in various industries such as agriculture, chemical processing, pharmaceutical, pulp & paper, plastic, textile, and paints & dyes. Also, the increase in number of outdoor pools and rise in consumers’ incomes lead to a surge in adoption of liquid chlorine for disinfecting and cleaning water, which is predicted to drive the market growth during the forecast period.

Further, the increase in demand for liquid chlorine as disinfectant in waste-water treatment industry is predicted to propel the growth of the liquid chlorine market during the forecast period. Liquid chlorine typically uses liquid chlorine bleach that is dosed into the wastewater prior to distribution. The type of chlorine used is frequently determined by cost, storage choices, and the pH conditions necessary. Liquid chlorine is the most widely used disinfectant for municipal wastewater as it destroys target organisms by oxidizing cellular material. Liquid chlorine, sodium hypochlorite, and calcium hypochlorite are the most common types of chlorine used in water treatment. Liquid chlorine can also be used to eliminate parasites, bacteria, and viruses in drinking water.

However, health hazards associated with liquid chlorine is projected to hinder the expansion of the market. Skin injuries similar to frostbite can occur if exposed to liquid chlorine. On the contrary, growth of the chemical industry is expected to offer ample growth opportunities for the liquid chlorine industry. Global chemical production is predicted to rise by 4.4% in 2021, which is above average for the years prior to the coronavirus pandemic. In China, the world’s largest chemical market, a growth rate in chemical production of 6.3% (2020: 3.4%) is anticipated. Liquid chlorine is an important chemical building component that is used in the production of various items that benefit public health and safety, advanced technology, nutrition, security, and transportation. It is utilized in the organic chemical industry to produce an expansive range of consumer products. Also, it is used to synthesise a variety of intermediates that serve in different industries.

The liquid chlorine market is segmented into type, application and region. On the basis of type, the market is categorized into sodium hypochlorite, lithium hypochlorite, calcium hypochlorite, and others. On the basis of application, the market is classified into water treatment, agriculture, chemical processing, pharmaceutical, pulp and paper, plastic, textile, paints and coatings, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Theliquid chlorine market share is analyzed across all significant regions and countries. Asia-Pacific is the fastest growing region. In Asia-Pacific, liquid chlorine contributes to public health and safety, innovative technologies, and nutrition. In the pharmaceutical sector, liquid chlorine can be found in blood bags, medical gadgets, and surgical sutures. It is also beneficial in killing pathogens such as salmonella, campylobacter, and norovirus. In addition, it helps decrease cholesterol, alleviate arthritic pain, and alleviate allergy symptoms. Such rise in demand for liquid chlorine in pharmaceutical industry is projected to drive the growth of the liquid chlorine market in the region.

The major players operating in the global liquid chlorine market include AGC Inc., Atul Ltd, Clean Plus chemicals Ltd, DCW limited, Formosa Plastics Corporation, Global Heavy Chemicals Ltd, Hamilton chemicals, Meghmani Finechem Limited, Occidental Chemical Corporation, SHOWA DENKO K.K, Tata Chemicals, Toagosie Co. Ltd, Vencorex, Vynova group, and Weifang Yaxing Chemical Co.

COVID-19 Analysis:

The COVID-19 pandemic has had extraordinary consequences on the end-use industries of liquid chlorine. Due to the COVID-19 outbreak, the health awareness among the populace has grown and the pharmaceutical sector has grown during the pandemic. Further, liquid chlorine is used as a pool sanitizer, which is used to keep the water clean and pollutants such as fungus from developing. It also helps prevent the spread of illnesses such as dysentery, fever, and other water-borne illnesses disorders. Furthermore, increased sales of disinfectant items worldwide is bolstering the demand for liquid chlorine in the market during the pandemic.

Key findings of the study: 

  • By type, the sodium hypochlorite segment was the highest revenue contributor to the market in 2021
  • By application, the water treatment segment is expected to grow at a CAGR of 5.2%, in terms of revenue, during the forecast period.
  • By region, Asia-Pacific was the highest revenue contributor and is estimated to grow with a CAGR of 5.4%.
  • South Korea, and Japan are expected to witness considerable CAGRs of 5.2%, and 4.1% respectively, during the forecast period. 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Liquid Chlorine Market by Type (Sodium hypochlorite, Lithium hypochlorite, Calcium hypochlorite, Others), by Application (Water Treatment, Agriculture, Chemical Processing, Pharmaceutical, Pulp and Paper, Plastic, Textile, Paints and Coatings, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Plush Toy Market

Download Sample

Buy Full Version
"Liquid Chlorine Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers