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Chlor-Alkali Market Likely to Emerge over a Period of 2021 - 2030
Posted: Apr 07, 2022
Global Chlor-Alkali Market Overview 2030 -
Chlor-alkali Market is an industrial process that consists of two chemicals, namely chlorine and an alkali, and is used for the electrolysis of sodium chloride. It is a technology that is used to produce sodium hydroxide and chlorine, both of which are commodity chemicals required by the industry. It can also produce muriatic acid and potassium hydroxide. There is a total of three types of electrolytic processes used in the production of caustic soda and chlorine; these are the mercury cell process, the diaphragm cell process, and the membrane cell process. Realizing the market potential, an extensive study has been conducted by the team of Market Research Future (MRFR) to analyze the factors driving the market.
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Prominent Players Analysis:
Solvay SA (Belgian), Olin Corporation (US), Axiall Corporation (US), Akzo Nobel NV, The Netherlands) Bayer AG (Germany), Covestro AG (Germany), Tosoh Corporation (Japan), Tata Chemicals Ltd (India), Tronox Limited (US), Xinjiang Zhongtai Chemical Co. Ltd (China), and others.
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Industry/ Innovation/ Related News:
October, 2017 – Nano Dimension, a leading name in the conductive ink market space has opened its new production plant for Nano particle ink production. The facility is dedicated towards production of advanced nanoparticle conductive and dielectric inks.
May, 2016 – DuPont (Now DowDupont) launched new conductive ink for digital printing applications. The new product from the company will enable digital printing of various electronic components and circuits such as OLED panels, solar cells, printed antennae and touch panels where fine line of printing is required
Chlor-Alkali Market - Segments:
Segmentation of the global Chlor-Alkali market, by product type
- Caustic soda
- Soda ash
- Chlorine
The chlorine segment is the dominating market segment. This dominance is due to its wide application in various industries. Chlorine is used to manufacture PVC plastics, industrial solvents, paints and dyes, medicines, pesticides, etc. Moreover, it is also used on a large scale for bleaching purposes in the paper and textile industry. It also finds its use in water treatment plants.
Segmentation of the global Chlor-Alkali market, by the production process
- Membrane cell process
- Diaphragm cell process
- Mercury cell process
The membrane cell process Is the most practiced. The popularity of this process is driven by less energy requirement in the procedure. Moreover, the initial investment required to set up a production unit is also very less in this type.
Segmentation of the global Chlor-Alkali market, by application
- Organic chemicals
- Food processing
- Paper pulp
- Metallurgy
- Isocyanates oxygenates
- EDC/PVC
- Water treatment
- Textiles
- Soaps detergents
- Alumina
- Others
Industry News:
In 2019, Global speciality chemicals company ICL’s Industrial Production division (ICL-IP) announced its strategic agreements with its Asian customers to expand the capacity of bromine compounds. The agreements will look to increase the production capacity of its TBBA bromine compound by up to 25,000mtpa.
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