Lucintel’s latest market report analyzed that chlor-alkali provides attractive opportunities in the aluminum processing, EDC/PVC, chemical processing, dyestuff, glass manufacturing, food processing, pulp & paper, water treatment, and soaps & detergent applications. The chlor-alkali market is expected to reach $81.0 billion by 2028 with a CAGR of 4.1%. In this market, chlorine is the largest segment by product type, whereas chemical processing is largest by application.
Based on product type, the chlor-alkali market is segmented into chlorine, caustic soda, soda ash, and others. The chlorine segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the huge application of chlorine in various end use industries like chemical and healthcare, and increasing use of this product in the production of bleached paper goods, polymers like PVC and solvents.
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The Chlor-Alkali Market is marked by the presence of several big and small players. Some of the prominent players offering chlor-alkali include Olin, Tata Chemicals, Tosoh, Occidental Petroleum, and Xinjiang Zhongtai Chemical.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com.
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