Chlorine Dioxide Generators Market Set to Grow at CAGR 7% till 2021
Growing
demand for water & wastewater disinfection and pulp & textile bleaching
to boost sales of global chlorine dioxide generators until 2021
According to TechSci Research
report “Global Chlorine Dioxide Generators
Market
By Type, By Application, By Region, Competition Forecast and Opportunities,
2011 – 2021”, global chlorine dioxide generators market
is projected to grow at a CAGR of more than 7% during 2016 - 2021, on account
of surging demand from wastewater disinfection segment and implementation of
stringent government regulations pertaining to use of non-toxic agents. Over
the last five years, growing chlorine dioxide demand from various industrial as
well as commercial applications has been pushing sales of chlorine dioxide
generators.
Global reused water market is
forecast to grow from an estimated US$ 4.25 billion in 2015 to US$ 7.5 billion
by 2018. Continuing industrial expansions in various developed as well as major
developing economies, rising demand for clean water and increasing water
contamination are propelling growth in demand for chlorine dioxide generators
across the globe. Pulp and textile bleaching is one of the major application areas
of chlorine dioxide generators. APAC and North America garnered a share of 33%
and 31.9% of the global pulp consumption in 2013. Demand for paper is rising
due to high industrial growth, fast changing packaging practices and norms, and
government efforts towards replacing plastic with paper. This is projected to
increase use of chlorine dioxide to bleach textiles and paper in place of
chlorine, and thus drive demand for chlorine dioxide generators in the coming
years.
“Growing water
demand, especially in Asia and Americas, has been creating vast opportunities
for chlorine dioxide generator manufacturers. Increasing FDI investments, improving
product offerings and continuing government support are few of the major
factors supporting market growth. In addition, increasing awareness about environment-friendly
alternatives, rising per capita income and growing urbanization are propelling
demand for chlorine dioxide generators, globally. Additionally, various major
ClO2 generator manufacturers are focusing on development of new chlorine
dioxide generation technologies to improve various product parameters such as
cost effectiveness, ease of handling, etc., to boost consumer adoption.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global
Chlorine Dioxide Generators Market By Type, By Application, By Region,
Competition Forecast and Opportunities, 2011 – 2021” has analyzed the prospective
demand for chlorine dioxide generators, and provides statistics and information
on market size, shares and trends. The report will suffice in providing the
intending clients with cutting-edge market intelligence and help them in taking
sound investment decisions. Besides, the report also identifies and analyzes
emerging trends along with essential drivers and key challenges faced by the
industry.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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