[Online Quarterly Update] Global Chlor Alkali demand stood at 90 Million Tonnes in 2020 and is forecast to reach 137.4 Million Tonnes by 2030, growing at a healthy CAGR of 4.35% until 2030. Chlor alkali is a chemical process that is used to manufacture various chemicals including chlorine, caustic soda, soda ash, and other sodium and chlorine-based derivatives. There are mainly two types of processes involved in chlor alkali namely membrane cell and diaphragm cell process. Chlor alkali chemicals have a wide range of application areas including alumina, pulp and paper, organic chemical, inorganic chemical, detergent and soap, textile, and others. Growing demand for caustic soda and its derivatives coupled with the rising demand for chlorine from various industries is expected to drive the demand for chlor alkali during the forecast period. Additionally, rising demand for alumina from the automotive industry is expected to push the demand for chlor alkali during the forecast period. Demand growth from other sectors includes pulp and paper, organic chemicals, inorganic chemicals, detergent, and soap, etc.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on a number of industries. Manufacturing units were temporarily shut down and disruption in the supply chain was observed. Shortage of workforce and absence of end-users adversely affected the market growth. Automotive and pulp and paper were among the most affected industries during the pandemic. This had an impact on the demand of chlor alkali, particularly for caustic soda for the first half of 2020. However, post-pandemic period the market is expected to pick up the pace eventually.
Asia-pacific region is expected to hold major market share for the forecast period due to high demand for application industries such as automotive and pulp and paper, textile, etc. Moreover, increasing population and rise in per capita income in emerging economies like India and China coupled with rise in products using chlor alkali derivatives is expected to boost the market demand for the forecast period.
Years considered for this report:
Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
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Objective of the Study:
• To assess the demand-supply scenario of chlor alkali which covers production, demand and supply of chlor alkali market globally.
• To analyse and forecast the market size of chlor alkali .
• To classify and forecast global chlor alkali market based on technology, end-use and regional distribution.
• To identify drivers and challenges for global chlor alkali market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global chlor alkali market.
• To identify and analyse the profile of leading players involved in the manufacturing of chlor alkali.
Major players for chlor alkali globally include Akzo Nobel NV, Formosa Plastics Corporation, INEOS, Occidental Petroleum Corporation, Tata Chemicals Ltd, Tosoh Corporation, Hanwha Solutions/Chemical Corporation, Kemira, Olin Corporation.
To extract data for global chlor alkali market, primary research surveys were conducted with chlor alkali manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global chlor alkali market over the coming years.
ChemAnalyst calculated chlor alkali demand globally by analyzing the historical data and demand forecast which was carried out considering imported chlor alkali, prices, materials used for production of chlor alkali. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• chlor alkali manufacturers and other stakeholders
• Organizations, forums and alliances related to chlor alkali distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as chlor alkali manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, global chlor alkali market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Application
Alumina, Pulp and Paper, Organic Chemical, Inorganic Chemical, Detergent and Soap, Textile
Market, by Product
Chlorine, Caustic Soda, Soda Ash, Other Sodium and Chlorine Derivatives.
Market, by Sales Channel
Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region
North America, APAC, Europe, MEA, South America
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