Liquid Chlorine Market to Grow with a CAGR of 4.21% through 2028
Growing demand
of liquid chlorine in paints and coatings industry is expected to drive the
Global Liquid Chlorine Market growth in the forecast period, 2024-2028.
According to TechSci
Research report, “Liquid Chlorine Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global
Liquid Chlorine Market stood at USD 6.16 billion in 2022 and is anticipated to
grow with a CAGR of 4.21% in the forecast period, 2024-2028. The initiatives
taken by government based on liquid chlorine has led to favorable market
conditions for the Global Liquid Chlorine Market. Several factors contribute to
the growth of various Liquid Chlorine products.
The Stockholm
Convention is an international treaty established to safeguard human health and
the environment from the harmful effects of persistent organic pollutants
(POPs), including substances such as liquid chlorine. Participating governments
actively engage in this convention to develop comprehensive regulations,
stringent restrictions, and robust monitoring systems, all aimed at mitigating
and minimizing the adverse impacts of POPs.
To achieve this, governments implement and
enforce a range of regulations and standards governing the production, storage,
transportation, and utilization of liquid chlorine. These regulatory frameworks
are designed to ensure strict industry compliance with safety protocols,
environmental protection measures, and regulations pertaining to the well-being
and safety of workers. By adhering to these guidelines, governments strive to
create a secure, sustainable, and responsible environment for the handling and
use of liquid chlorine.
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"Liquid Chlorine Market”
Liquid chlorine,
in the form of chlorine gas, is a crucial ingredient in the production of
organic solvents and chlorinated rubber. These materials play a vital role in
the formulation of paints and coatings used across a wide range of
applications. Chlorinated rubber, in particular, offers exceptional adhesion,
durability, and chemical resistance, making it highly suitable for protective
coatings, marine paints, automotive finishes, and industrial coatings. Its
unique properties ensure long-lasting and reliable protection in harsh
environments.
Moreover, liquid
chlorine provides several advantages in paints and coatings formulations.
Acting as a cross-linking agent, it enhances the film-forming properties of the
coating, resulting in improved resistance to abrasion, weathering, and chemical
exposure. This enhances the overall durability and lifespan of the coating,
ensuring long-term protection. Additionally, liquid chlorine facilitates the
production of specialty coatings with unique properties. These coatings can
include fire-resistant and anti-corrosive properties, adding an extra layer of
safety and protection to a variety of surfaces and structures.
In conclusion,
the inclusion of liquid chlorine in paints and coatings formulations offers
numerous benefits, ranging from enhanced durability to the development of
specialty coatings with exceptional properties. Its pivotal role in the
industry underscores its importance in providing reliable and effective
solutions for various applications.
The Global
Liquid Chlorine Market is segmented into sales channel, application, regional
distribution, and company
Based on its
application, the water treatment segment held the largest share in the market.
Liquid chlorine, a widely used chemical in water treatment processes, plays a
vital role in disinfecting and purifying water. With its effective ability to
kill bacteria, viruses, and other harmful microorganisms, liquid chlorine has
become an essential component of water treatment systems worldwide.
As concerns
about waterborne diseases continue to rise, the demand for liquid chlorine in
the water treatment industry is experiencing significant growth. Moreover, the
world is currently grappling with a pressing water scarcity crisis. The
increasing demand for clean and potable water has become a priority in order to
meet the basic needs of individuals and sustain various sectors. In this
context, water treatment plays a crucial role in ensuring an adequate and safe
water supply for domestic, industrial, and agricultural purposes.
Liquid chlorine
emerges as an indispensable tool in treating water from diverse sources,
including rivers, lakes, and groundwater. Its application transforms raw water
into a quality suitable for consumption and other essential applications. By
effectively eliminating contaminants and impurities, liquid chlorine helps to
safeguard public health and supports sustainable water management practices.
In summary, the
utilization of liquid chlorine in water treatment processes is of paramount
importance, given the increasing concerns over waterborne diseases and the need
for safe drinking water. Its role in enhancing water quality and meeting the
growing demand for clean water underscores liquid chlorine's significance in
safeguarding public health and ensuring a sustainable water supply for all.
Based on region,
Asia Pacific segment is expected to grow during the forecast period. The rapid
urbanization and growing population in countries like China, India, and
Southeast Asian nations have led to an increased demand for various industries,
including water treatment, manufacturing, and agriculture. As these nations
continue to develop and modernize, the need for effective and efficient
solutions in sectors such as wastewater treatment, chemical production, and
pulp bleaching becomes crucial.
Liquid chlorine,
with its versatile applications and effectiveness, has emerged as a key component
in addressing these challenges, driving the demand for the chemical in the
region. The Asia-Pacific region has witnessed substantial industrial growth,
particularly in industries such as paper and pulp, chemicals, textiles, and
manufacturing. With the expansion of these sectors and the increasing focus on
sustainability and environmental regulations, the demand for liquid chlorine
has further intensified.
This versatile chemical plays a vital role in
processes like pulp bleaching, wastewater treatment, and chemical production,
ensuring the efficient and responsible operation of these industries. As the
demand for liquid chlorine continues to rise, manufacturers and suppliers are
working towards meeting these requirements by investing in research and development,
exploring innovative technologies, and improving production capabilities. By
doing so, they aim to not only cater to the current demand but also support the
future growth and sustainability of these industries in the Asia-Pacific
region.
Major companies
operating in Global Liquid Chlorine Market are:
- Formosa
Plastic Corporation
- Global
Heavy Chemicals
- Hamilton
Chemicals
- Meghmani
Finechem Limited
- Occidental
Chemical Corporation
- Showa
Denko KK
- AGC
Inc
- Clean
Plus Chemicals
- DCW
Limited
- Weifang
Yaxing Chemical Co Ltd.
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“Growing
application of liquid chlorine in various end user industries are key drivers
of the liquid chlorine market. Growth in competitive landscape and presence of
well-established companies in the market who are dedicated to enhance their
productivity of liquid chlorine with every passing year are anticipated to
register an impressive growth to Global Liquid Chlorine Market in the forecast
period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Liquid Chlorine Market By Sales
Channel (Direct/Institutional Sales, Retail Sales, Others),
By Application (Water Treatment, Agriculture, Pharmaceuticals, Chemical
Processing, Pulp & Paper, Textiles, Paints and Coatings, Others etc), By Region, By Competition Forecast & Opportunities, 2018-2028F”,
has evaluated the future growth potential of Global Liquid Chlorine Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Liquid Chlorine Market.
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