Market Trends

Chlorine Market Overview: According to the World Chlorine Organization, the total production capacity of chlorine is 58 million metric tons every year. Around 30% of chlorine is used in PVC, 5% in water sanitation, 5% in  pulp and paper  industry, 24% in solvents, 13 % for organic compounds, and 13% for inorganic compounds.  The demand of chlorine from all the major sectors is driving the growth prospects of the chlorine market . Chlorine-based products are used for the manufacturing of packaging, blood bags, and sterile tubing. Furthermore, chlorine is used to develop semiconductors for diagnostic instruments. Almost all the sectors from industrial to residential deal with chlorine that is creating revenue avenues in the chlorine market which had a market size of around $14 billion as of 2018. Furthermore, the demand for chlorine will observe a compound annual growth rate (CAGR) of around 4.8% during the forecast period of 2019 to 2025. APAC dominated the chlorine market in 2018 due t