The global chlor-alkali market size is estimated to reach $102.60 billion by 2021 and is projected to register a CAGR of 5.4% between 2016 and 2021. The drivers of the industry are identified as the rising demand for chlor-alkali products in the emerging markets, high demand from end-use industries, and high existing production capacities of chlor-alkali products. In 2015, Asia-Pacific was the largest chlor-alkali market. The region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from the automotive, construction and chemical, and food processing industries. China is the largest market for chlor-alkali products, globally. The region also drives the chlor-alkali market owing to the presence of emerging markets, availability of raw materials, and lower labor costs. Complete report on global chlor-alkali market spread across 268 pages, profiling 12 companies and supported with 251 tables and 82 figures is now available at http://www.rnrmarketresearch.com/chlor-alkali-market-by-products-caustic-sodasodium-hydroxide-chlorine-soda-ashsodium-carbonate-applications-geography-global-industry-trends-forecasts-2017-market-report.html .
The rising demand in Asia-Pacific and the Middle East & Africa is the major driver for the chlor-alkali market. The Middle East & Africa has already witnessed heavy investments in downstream chemicals. During the forecast period, some more investments on downstream petrochemicals and chemicals are expected, increasing the chlorine and caustic soda demand in the region. The low costs of production and abundant labor makes the region a favorable site for production facilities. The region is also strategically positioned to export in neighboring regions.
The highest demand for chlor-alkali market comes from EDC/PVC, food and pulp & paper, and glass. Among all the products of chlor alkali, EDC/ PVC, food and pulp & paper, and glass had the largest demand from chlorine, caustic soda, and soda ash, respectively. The demand from the glass application was over half of the global soda ash demand. It is also the fastest-growing segment for soda ash. EDC/PVC accounted for over one third of the global chlorine demand. The demand is rapidly growing in the emerging economies of the Middle East & Africa and Asia-Pacific. With the increasing market for packaged and processed food, the demand of soda ash in the food processing industry is also growing at a rapid rate.
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (34%), Tier 2 (33%) and others (33%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (12%), Director Level (25%) and others (63%) from various key organizations operating in the global chlor-alkali market. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (27%), APAC (32%), and RoW (11%).
The key companies profiled in chlor-alkali market research report are Olin Corporation (U.S.), Solvay S.A. (Belgium), Tata Chemicals Limited (India), Occidental Petroleum Corporation (U.S.), Axiall Corporation (U.S.), AkzoNobel N.V. (Netherlands), Formosa Plastic Corporation (Taiwan), Hanwha Chemical Corporation (Korea), Tosoh Corporation (Japan), Nirma Limited (India), and Tronox (U.S.). Ask for discount on “Chlor-Alkali Market by Products (Caustic Soda, Chlorine, and Soda Ash), Applications (Alumina, EDC/PVC, Glass, Organic Chemicals, Inorganic Chemicals, Food, Pulp & Paper, Water Treatment and Others) & Region - Global Forecast to 2021” research report at http://www.rnrmarketresearch.com/contacts/discount?rname=60339 .
On a related note, another research titled Chlorine Market Trends & Forecasts to 2019 says, the chlorine market is derived by studying chlorine consumption trends, its use in various end-user industries in the said regions. The countries covered in the report are the U.S., China, Japan, India, Germany, France, and Russia. Middle East & Africa and South America are collectively considered in Rest of the World. Companies like Dow Chemical Company (U.S.), BASF SE (Germany), Occidental Petroleum Corporation (U.S.), Formosa Plastics Corporation (Taiwan), Ineos Group Ltd. (U.K.), Olin Corporation (U.S.), PPG Industries (U.S.), Tata Chemicals Limited (India), Tosoh Corporation (Japan), and Hanwha Chemical Corporation (Korea) have been profiled in this 125 pages research report available at http://www.rnrmarketresearch.com/chlorine-market-by-application-edc-pvc-c1-c2-aromatics-inorganic-chemicals-organic-chemicals-chlorinated-intermediates-isocyanates-propylene-oxide-pulp-paper-textiles-water-treatment-o-market-report.html .
Explore more reports on Materials & Chemicals market at http://www.rnrmarketresearch.com/reports/materials-chemicals .
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