Product Code: CMI5416
The global chlor-alkali market is estimated to be valued at USD 71.50 Bn in 2024 and is expected to reach USD 95.37 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 71.50 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.20% |
2031 Value Projection: |
US$ 95.37 Bn |
Figure. Chlor-Alkali Market Share (%), By Region, 2024
The global chlor-alkali market has been witnessing steady growth over the past few years owing to factors such as increasing demand from the chemical processing industries and growing infrastructure activities worldwide. Chlor-alkali products such as caustic soda, chlorine, and sodium hypochlorite find widespread usage across various end-use industries like aluminum production, organic and inorganic chemicals, pulp & paper, soap & detergents, and water treatment. Moreover, shifting focus towards renewable energy sources for chlor-alkali production is expected to boost the market during the forecast period. However, stringent environmental regulations regarding mercury cell production may hamper the market growth to some extent.
Market Dynamics:
The key factors driving the growth of the global chlor-alkali market include rapidly growing construction activities worldwide, especially in developing nations, increasing demand for soaps & detergents and pulp & paper, and emphasis on renewable energy sources for chlor-alkali production. Additionally, demand from the aluminum industry is also contributing to the revenue growth of the market. However, strict environmental regulations pertaining to mercury cell production along with the availability of economical substitutes are likely to restrain the market expansion. Furthermore, development of new techniques to increase efficiency of chlor-alkali manufacturing presents significant opportunities for the players in the coming years.
Key Features of the Study:
- This report provides an in-depth analysis of the global chlor-alkali market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global chlor-alkali market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Dow Chemical Company, Formosa Plastics Corporation, Solvay SA, Occidental Petroleum Corporation, Tata Chemicals Ltd., Nouryon, Olin Corporation, Hanwha Chemical Corporation, Xinjiang Zhongtai Chemical Co., Ltd., Tosoh Corporation, Ineos Group AG, Shin-Etsu Chemical Co., Ltd., LG Chem Ltd., Akzo Nobel N.V., PPG Industries, Inc., Ercros S.A., Nippon Soda Co., Ltd., Gujarat Alkalies and Chemicals Ltd., Xinjiang Markor Chemical Industry Co., Ltd., and KEM ONE.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global chlor-alkali market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global chlor-alkali market.
Detailed Segmentation-
- By Product:
- Caustic Soda
- Chlorine
- Soda Ash
- By Production Process:
- Membrane Cell
- Diaphragm Cell
- Other Production Processes
- By Application:
- Pulp and Paper
- Organic Chemical
- Inorganic Chemical
- Soap and Detergent
- Alumina
- Textile
- Other Applications
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Dow Chemical Company
- Formosa Plastics Corporation
- Solvay SA
- Occidental Petroleum Corporation
- Tata Chemicals Ltd.
- Nouryon
- Olin Corporation
- Hanwha Chemical Corporation
- Xinjiang Zhongtai Chemical Co., Ltd.
- Tosoh Corporation
- Ineos Group AG
- Shin-Etsu Chemical Co., Ltd.
- LG Chem Ltd.
- Akzo Nobel N.V.
- PPG Industries, Inc.
- Ercros S.A.
- Nippon Soda Co., Ltd.
- Gujarat Alkalies and Chemicals Ltd.
- Xinjiang Markor Chemical Industry Co., Ltd.
- KEM ONE
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By Production Process
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Chlor-Alkali Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Chlor-Alkali Market - COVID-19
- Impact Analysis
5. Global Chlor-Alkali Market, By Product, 2019-2031 (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Caustic Soda
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Chlorine
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Soda Ash
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
6. Global Chlor-Alkali Market, By Production Process, 2019-2031 (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Membrane Cell
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Diaphragm Cell
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Other Production Processes
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
7. Global Chlor-Alkali Market, By Application, 2019-2031 (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pulp and Paper
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Organic Chemical
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Inorganic Chemical
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Soap and Detergent
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Alumina
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Textile
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Other Applications
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
8. Global Chlor-Alkali Market, By Region, 2019-2031 (US$ BN & KT)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Production Process, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Production Process, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Production Process, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Production Process, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Production Process, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Sub-regions/Countries
- GCC Countries
- Israel
- Rest of Middle East & Africa
9. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Dow Chemical Company
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Formosa Plastics Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Solvay SA
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Occidental Petroleum Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Tata Chemicals Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Nouryon
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Olin Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Hanwha Chemical Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Xinjiang Zhongtai Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Tosoh Corporation
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Ineos Group AG
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Shin-Etsu Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- LG Chem Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Akzo Nobel N.V.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- PPG Industries, Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Ercros S.A.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Nippon Soda Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Gujarat Alkalies and Chemicals Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- Xinjiang Markor Chemical Industry Co., Ltd.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- KEM ONE
- Company Overview
- Product Portfolio
- Recent Developments/Updates
10. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact
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