According to a new report published by Allied Market Research, titled, “Liquid Chlorine Market,” The liquid chlorine market was valued at $5.59 billion in 2021, and is estimated to reach $8.93 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.
Liquid chlorine is widely used to enhance the disinfection process by aiding in the oxidation of several elements, including hydrogen sulphide, iron, and manganese that are present in water. Another primary industrial application of chlorine is in the manufacturing of plastics and polymers such as polyurethane and polyvinyl chloride. Also, it is extensively used in industries including pharmaceutical and agriculture.
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Liquid chlorine serves as a reactive intermediary in the synthesis of inorganic compounds such as hydrochloric acid, chloro sulphonic acid, and metallic chlorides. In the water treatment business, liquid chlorine is frequently used for disinfection as well as the oxidation of iron and manganese. Liquid chlorine is also a part of the sewage and industrial waste treatment process. Chlorine is used as a bleaching agent in the manufacturing of paper and fabric. It is also found in cleaning goods like bleach, which is chlorine dissolved in water. It is used in the textile industry to bleach cotton yarn and textiles, and in the pulp and paper sector to whiten pulp. Diabetes, high blood pressure, high cholesterol, asthma, seizures, cancer, and depression are treated with chlorine. Approximately 85% of pharmaceutical medications are manufactured with chlorine or chlorinated chemicals.
The growth of the global liquid chlorine market is majorly attributable to its wide applications in various industries such as agriculture, chemical processing, pharmaceutical, pulp & paper, plastic, textile, and paints & dyes. Also, the increase in number of outdoor pools and rise in consumers’ incomes lead to a surge in adoption of liquid chlorine for disinfecting and cleaning water, which is predicted to drive the market growth during the forecast period.
Further, the increase in demand for liquid chlorine as disinfectant in waste-water treatment industry is predicted to propel the growth of the liquid chlorine market during the forecast period. Liquid chlorine typically uses liquid chlorine bleach that is dosed into the wastewater prior to distribution. The type of chlorine used is frequently determined by cost, storage choices, and the pH conditions necessary. Liquid chlorine is the most widely used disinfectant for municipal wastewater as it destroys target organisms by oxidizing cellular material. Liquid chlorine, sodium hypochlorite, and calcium hypochlorite are the most common types of chlorine used in water treatment. Liquid chlorine can also be used to eliminate parasites, bacteria, and viruses in drinking water.
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However, health hazards associated with liquid chlorine is projected to hinder the expansion of the market. Skin injuries similar to frostbite can occur if exposed to liquid chlorine. On the contrary, growth of the chemical industry is expected to offer ample growth opportunities for the liquid chlorine industry. Global chemical production is predicted to rise by 4.4% in 2021, which is above average for the years prior to the coronavirus pandemic. In China, the world’s largest chemical market, a growth rate in chemical production of 6.3% (2020: 3.4%) is anticipated. Liquid chlorine is an important chemical building component that is used in the production of various items that benefit public health and safety, advanced technology, nutrition, security, and transportation. It is utilized in the organic chemical industry to produce an expansive range of consumer products. Also, it is used to synthesise a variety of intermediates that serve in different industries.
The liquid chlorine market is segmented into type, application and region. On the basis of type, the market is categorized into sodium hypochlorite, lithium hypochlorite, calcium hypochlorite, and others. On the basis of application, the market is classified into water treatment, agriculture, chemical processing, pharmaceutical, pulp and paper, plastic, textile, paints and coatings, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Theliquid chlorine market share is analyzed across all significant regions and countries. Asia-Pacific is the fastest growing region. In Asia-Pacific, liquid chlorine contributes to public health and safety, innovative technologies, and nutrition. In the pharmaceutical sector, liquid chlorine can be found in blood bags, medical gadgets, and surgical sutures. It is also beneficial in killing pathogens such as salmonella, campylobacter, and norovirus. In addition, it helps decrease cholesterol, alleviate arthritic pain, and alleviate allergy symptoms. Such rise in demand for liquid chlorine in pharmaceutical industry is projected to drive the growth of the liquid chlorine market in the region.
The major players operating in the global liquid chlorine market include AGC Inc., Atul Ltd, Clean Plus chemicals Ltd, DCW limited, Formosa Plastics Corporation, Global Heavy Chemicals Ltd, Hamilton chemicals, Meghmani Finechem Limited, Occidental Chemical Corporation, SHOWA DENKO K.K, Tata Chemicals, Toagosie Co. Ltd, Vencorex, Vynova group, and Weifang Yaxing Chemical Co.
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