Chlor Alkali Market Strategies and Share 2031
MARKET OVERVIEW
The chlor alkali process involves the electrolysis of a sodium chloride solution to produce chlorine gas, sodium hydroxide, and hydrogen gas. This process occurs in an electrolytic cell, typically divided into two compartments the anode and the cathode. Chlorine is considered as the primary product of this process. It is one of the most abundant chemicals produced by the industries across the globe and has numerous industrial applications. The chlor alkali process has a high energy consumption because the yield is equivalent to chlorine and sodium hydroxide.
MARKET DYNAMICS
The chlor alkali market is expected to grow prominently during the forecast period. The growth is attributed to its increasing application of chlor alkali in industries across the globe. As economies grow and infrastructures develop, chemicals are needed in manufacturing processes and the production of various consumer goods. Moreover, the growing demand for water and wastewater treatment across the globe is expected to further aid the growth of the global chlor alkali market. Population growth and depletion of natural resources have propelled the demand for water and wastewater treatment solutions in developed as well as developing economies. However, the production and use of chlor alkali can have environmental consequences, which may hinder the growth of the chlor alkali industry. The process emits mercury through air, water and wastes which is a cause for concern. Emerging countries present significant opportunities for the chlor alkali market growth. These counties are often characterized by rapid industrialization, urbanization, and population growth, driving the growth of industries that rely on chlor alkali products, which have significant growth opportunities in various sectors and applications.
MARKET SCOPE AND REPORT FEATURES
The "Global Chlor Alkali Market Analysis to 2031" is a specialized and in-depth study with a major focus on the global market trends and growth opportunities. The report aims to provide an overview of the global market with detailed market segmentation by type, application, and geography. The global chlor alkali market has been witnessing high growth over the recent past and is expected to continue this trend during the forecast period. The report provides key statistics on the consumption of chlor alkali market worldwide along with their demand in major regions and countries. In addition, the report provides the qualitative assessment of various factors affecting the chlor alkali market performance in major regions and countries. The report also includes a comprehensive analysis of the leading players in chlor alkali market and their key strategic developments. Several analyses on the market dynamics are also included to help identify the key driving factors, market trends, and lucrative opportunities that would, in turn, aid in identifying the major revenue pockets.
Further, ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the global chlor alkali market, which helps understand the entire supply chain and various factors affecting the market growth.
SEGMENTAL ANALYSIS
The global chlor alkali market is segmented on the basis of type and application. Based on type, the chlor alkali market is segmented as chlorine, sodium hydroxide (caustic soda), sodium carbonate (soda ash), hydrochloric acid, potassium hydroxide, and others. On the basis of application, the market is classified as, chemical processing, soaps and detergents, water treatment, paper and pulp, textile, food processing, aluminium processing, and others.
Based on type, the sodium hydroxide (caustic soda) accounted for a significant share which can be attributed to its popular use in chlor alkali applications. Caustic soda is one of the cheapest and most widely used alkalies in the chlor alkali industry. It has a vital role in extracting aluminum from bauxite ore. This process is also known as the Bayer process, which is the primary method for the production of aluminum globally. The rise in the demand for caustic soda is expected to be fuelled by the shifting base of industrial production, the increasing population, and the rising demand for infrastructure development. The by-product of caustic soda is an important element for manufacturing PVC plastics. The global growth in demand for PVC further supports the chlor alkali market growth.
REGIONAL INSIGHTS
The report provides a detailed overview of the global chlor alkali market with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. Asia Pacific is anticipated to account for a significant portion of the chlor alkali market share. The region is leader in chlor alkali manufacturing with the presence of substantial economic and industrial development. China is dominant in the Asia Pacific region, particularly in the chlor alkali industry. In China, there is a boost in the construction industry, contributing to increased demand for chlorine, a key product of the chlor alkali industry. The chlor alkali market in India accounts for over 70% of the overall basic chemicals market in the country. These factors are expected to aid the growth of the Asia Pacific Chlor Alkali Market.
MARKET PLAYERS
Some of the key players operating in the chlor alkali market include Solvay, AGC INC, Tosoh Corporation, Tata Chemicals Ltd, Westlake Corporation, Olin Corporation, Formosa Plastics Corporation, Occidental Petroleum Corporation, Hanwha Solutions Chemical Division Corporation, Ciner Resources Corporation, Spolchemie, and Wanhua Chemical Group Co. Ltd, among others.
Feb, 2022: Chemieanlagenbau Chemnitz was awarden an EPC project by Kem One to develop a green chlor-alkali electrolysis plant at Fos-Sur-Mer, France.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Chlor Alkali Market - By Product
1.3.2 Chlor Alkali Market - By Application
1.3.3 Chlor Alkali Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CHLOR ALKALI MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CHLOR ALKALI MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CHLOR ALKALI MARKET - GLOBAL MARKET ANALYSIS
6.1. CHLOR ALKALI - GLOBAL MARKET OVERVIEW
6.2. CHLOR ALKALI - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CHLOR ALKALI MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. CAUSTIC SODA
7.3.1. Overview
7.3.2. Caustic soda Market Forecast and Analysis
7.4. CHLORINE
7.4.1. Overview
7.4.2. Chlorine Market Forecast and Analysis
7.5. SODA ASH
7.5.1. Overview
7.5.2. Soda ash Market Forecast and Analysis
8. CHLOR ALKALI MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. EDC/PVC
8.3.1. Overview
8.3.2. EDC/PVC Market Forecast and Analysis
8.4. ORGANIC CHEMICALS
8.4.1. Overview
8.4.2. Organic chemicals Market Forecast and Analysis
8.5. INORGANIC CHEMICALS
8.5.1. Overview
8.5.2. Inorganic chemicals Market Forecast and Analysis
8.6. ISOCYANATES
8.6.1. Overview
8.6.2. isocyanates Market Forecast and Analysis
8.7. ALUMINA
8.7.1. Overview
8.7.2. alumina Market Forecast and Analysis
8.8. SOAPS AND DETERGENTS
8.8.1. Overview
8.8.2. soaps and detergents Market Forecast and Analysis
8.9. GLASS
8.9.1. Overview
8.9.2. glass Market Forecast and Analysis
8.10. WATER TREATMENT
8.10.1. Overview
8.10.2. water treatment Market Forecast and Analysis
9. CHLOR ALKALI MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Chlor Alkali Market Overview
9.1.2 North America Chlor Alkali Market Forecasts and Analysis
9.1.3 North America Chlor Alkali Market Forecasts and Analysis - By Product
9.1.4 North America Chlor Alkali Market Forecasts and Analysis - By Application
9.1.5 North America Chlor Alkali Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Chlor Alkali Market
9.1.5.1.1 Canada Chlor Alkali Market by Product
9.1.5.1.2 Canada Chlor Alkali Market by Application
9.1.5.2 Mexico Chlor Alkali Market
9.1.5.2.1 Mexico Chlor Alkali Market by Product
9.1.5.2.2 Mexico Chlor Alkali Market by Application
9.1.5.3 US Chlor Alkali Market
9.1.5.3.1 US Chlor Alkali Market by Product
9.1.5.3.2 US Chlor Alkali Market by Application
9.2. EUROPE
9.2.1 Europe Chlor Alkali Market Overview
9.2.2 Europe Chlor Alkali Market Forecasts and Analysis
9.2.3 Europe Chlor Alkali Market Forecasts and Analysis - By Product
9.2.4 Europe Chlor Alkali Market Forecasts and Analysis - By Application
9.2.5 Europe Chlor Alkali Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Chlor Alkali Market
9.2.5.1.1 Germany Chlor Alkali Market by Product
9.2.5.1.2 Germany Chlor Alkali Market by Application
9.2.5.2 France Chlor Alkali Market
9.2.5.2.1 France Chlor Alkali Market by Product
9.2.5.2.2 France Chlor Alkali Market by Application
9.2.5.3 Italy Chlor Alkali Market
9.2.5.3.1 Italy Chlor Alkali Market by Product
9.2.5.3.2 Italy Chlor Alkali Market by Application
9.2.5.4 United Kingdom Chlor Alkali Market
9.2.5.4.1 United Kingdom Chlor Alkali Market by Product
9.2.5.4.2 United Kingdom Chlor Alkali Market by Application
9.2.5.5 Russia Chlor Alkali Market
9.2.5.5.1 Russia Chlor Alkali Market by Product
9.2.5.5.2 Russia Chlor Alkali Market by Application
9.2.5.6 Rest of Europe Chlor Alkali Market
9.2.5.6.1 Rest of Europe Chlor Alkali Market by Product
9.2.5.6.2 Rest of Europe Chlor Alkali Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Chlor Alkali Market Overview
9.3.2 Asia-Pacific Chlor Alkali Market Forecasts and Analysis
9.3.3 Asia-Pacific Chlor Alkali Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Chlor Alkali Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Chlor Alkali Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Chlor Alkali Market
9.3.5.1.1 Australia Chlor Alkali Market by Product
9.3.5.1.2 Australia Chlor Alkali Market by Application
9.3.5.2 China Chlor Alkali Market
9.3.5.2.1 China Chlor Alkali Market by Product
9.3.5.2.2 China Chlor Alkali Market by Application
9.3.5.3 India Chlor Alkali Market
9.3.5.3.1 India Chlor Alkali Market by Product
9.3.5.3.2 India Chlor Alkali Market by Application
9.3.5.4 Japan Chlor Alkali Market
9.3.5.4.1 Japan Chlor Alkali Market by Product
9.3.5.4.2 Japan Chlor Alkali Market by Application
9.3.5.5 South Korea Chlor Alkali Market
9.3.5.5.1 South Korea Chlor Alkali Market by Product
9.3.5.5.2 South Korea Chlor Alkali Market by Application
9.3.5.6 Rest of Asia-Pacific Chlor Alkali Market
9.3.5.6.1 Rest of Asia-Pacific Chlor Alkali Market by Product
9.3.5.6.2 Rest of Asia-Pacific Chlor Alkali Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Chlor Alkali Market Overview
9.4.2 Middle East and Africa Chlor Alkali Market Forecasts and Analysis
9.4.3 Middle East and Africa Chlor Alkali Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Chlor Alkali Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Chlor Alkali Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Chlor Alkali Market
9.4.5.1.1 South Africa Chlor Alkali Market by Product
9.4.5.1.2 South Africa Chlor Alkali Market by Application
9.4.5.2 Saudi Arabia Chlor Alkali Market
9.4.5.2.1 Saudi Arabia Chlor Alkali Market by Product
9.4.5.2.2 Saudi Arabia Chlor Alkali Market by Application
9.4.5.3 U.A.E Chlor Alkali Market
9.4.5.3.1 U.A.E Chlor Alkali Market by Product
9.4.5.3.2 U.A.E Chlor Alkali Market by Application
9.4.5.4 Rest of Middle East and Africa Chlor Alkali Market
9.4.5.4.1 Rest of Middle East and Africa Chlor Alkali Market by Product
9.4.5.4.2 Rest of Middle East and Africa Chlor Alkali Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Chlor Alkali Market Overview
9.5.2 South and Central America Chlor Alkali Market Forecasts and Analysis
9.5.3 South and Central America Chlor Alkali Market Forecasts and Analysis - By Product
9.5.4 South and Central America Chlor Alkali Market Forecasts and Analysis - By Application
9.5.5 South and Central America Chlor Alkali Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Chlor Alkali Market
9.5.5.1.1 Brazil Chlor Alkali Market by Product
9.5.5.1.2 Brazil Chlor Alkali Market by Application
9.5.5.2 Argentina Chlor Alkali Market
9.5.5.2.1 Argentina Chlor Alkali Market by Product
9.5.5.2.2 Argentina Chlor Alkali Market by Application
9.5.5.3 Rest of South and Central America Chlor Alkali Market
9.5.5.3.1 Rest of South and Central America Chlor Alkali Market by Product
9.5.5.3.2 Rest of South and Central America Chlor Alkali Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CHLOR ALKALI MARKET, KEY COMPANY PROFILES
11.1. OLIN CORPORATION (U.S.)
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SOLVAY S.A. (BELGIUM)
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. TATA CHEMICALS LIMITED (INDIA)
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. OCCIDENTAL PETROLEUM CORPORATION (U.S)
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. AXIALL CORPORATION (U.S.)
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. AKZONOBEL N.V. (NETHERLANDS)
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. FORMOSA PLASTIC CORPORATION (TAIWAN)
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HANWHA CHEMICAL CORPORATION (KOREA)
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TOSOH CORPORATION (JAPAN)
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. NIRMA LIMITED (INDIA)
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. Olin Corporation (U. S.)
2. Solvay S. A. (Belgium)
3. Tata Chemicals Limited (India)
4. Occidental Petroleum Corporation (U. S)
5. Axiall Corporation (U. S.)
6. AkzoNobel N. V. (Netherlands)
7. Formosa Plastic Corporation (Taiwan)
8. Hanwha chemical corporation (Korea)
9. Tosoh Corporation (Japan)
10. Nirma Limited (India)
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- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
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- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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