Industry Report

Bulk Chemical and Fertilizer | Jun 2020

India Liquid Chlorine Market: Plant Capacity, Production, Operating Efficiency, Technology, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

Format: PDF

Pages: 56

Liquid Chlorine demand in India stood at 1,891 KTPA in 2019 and is projected to grow at a CAGR of 6.21% during 2022-2030. Chlorine is obtained alongside Caustic soda at Chlor-alkali plants. Increasing demand for Chlorine derivatives, such as Polyvinyl Chloride (PVC) which is widely used in construction, automobile, packaging, electrical/electronic and healthcare applications will propel the Liquid Chlorine demand in the forecast period. Chlorine and Ethylene are reacted to produce Ethylene Dichloride (EDC) which is used to produce Vinyl Chloride Monomer (VCM). VCM is further processed to produce Polyvinyl Chloride (PVC). PVC is a highly durable construction material, used in a variety of applications such as rigid or flexible, white, black or multi-coloured applications. There has been an exponential rise in demand for PVC resins from pipes and fittings that replaces to reduce water losses from the ageing infrastructure. Heavy investments made by the Indian government in the county’s infrastructure developments backed by increasing focus on irrigational land are the main drivers for the PVC demand growth further escalating the demand for Liquid Chlorine over the coming years. In addition, Chlorinated Paraffin Wax (CPW) which are used to impart flame retardant properties to the PVC products such as PVC cables and flooring will further increase the Liquid Chlorine demand in the forecast period.  Another important use of Chlorine is in derivatives like Chloromethanes which are mainly used in pharmaceuticals, agrochemicals and refrigerant gases such as Difluoromethane. 
 
However, sudden outbreak of Coronavirus has caused a slight fall in the Liquid Chlorine demand to nationwide lockdown imposed to contain the spread of the virus. Several Chlor-Alkali majors like Grasim, Meghmani and GACL had to announce indefinite plant shutdowns while others had to reduce their operating rates by 40%. Demand slowdown hard hit the entire Chlor-Alkali industry throughout Q4 2020, heightened by the halt in construction activities and automobile manufacturing. As a result of low Chlor-Alkali output, HCl demand also tightened causing major players to witness decline in quarterly sales.   
 
However, with ease in lockdown restrictions, Chlorine demand is expected to show gradual improvement with major volumes of Chlorine and its derivatives being utilized as operations restart in several parts of the country. Moreover, increasing demand for water treatment applications with growing awareness of better hygiene practices will further boost the demand for Liquid Chlorine among industrialists.
 
Years Considered for this Report:
 
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
 
Objective of the Study:
 
• The primary objective of the study was to evaluate and forecast Liquid Chlorine capacity, production, demand, inventory, and demand – supply gap in India.
• To categorize Liquid Chlorine demand based on application, end use, region and sales channel.
• To study trade dynamics and company share in India Liquid Chlorine market.
• To identify major customers of Liquid Chlorine in India.
• To evaluate and forecast Liquid Chlorine pricing by grade in India Liquid Chlorine market.
• To identify and profile major companies operating in India Liquid Chlorine market.
• To identify major news, deals and expansion plans in India Liquid Chlorine market.
 
Some of the major players operating in India Liquid Chlorine market are Gujarat Alkali and Chemicals Limited, Grasim Industries Limited, DCM Shriram Consolidated Limited, Meghmani Organics Limited, Tata Chemicals Limited, Nirma Limited, Chemplast Sanmar Limited, Sree Rayalaseema Alkalies And Chemicals Limited, Chemfab Alkalis Limited and Lords Chloro Alkali Limited. Increasing downstream capacities are likely to support the Liquid Chlorine market growth in the forecast period. In FY19, DCM Shriram commissioned a 60 TPD of Aluminium Chloride plant as a downstream unit for produced Chlorine utilization.
 
Chlorine Prices are strongly driven by India’s local demand supply factors. Chlorine prices witnessed strong fluctuations throughout FY20 in response to the demand-supply situation. Liquid Chlorine prices were assessed at USD XXX per MT on bulk contract basis. 
 
To extract data for India Liquid Chlorine market, primary research surveys were conducted with Liquid Chlorine 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 India Liquid Chlorine market over the coming years. 
 
ChemAnalyst calculated Liquid Chlorine demand in India by analyzing the historical data and demand forecast was carried out considering raw material and crude oil prices. 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:
 
• Liquid Chlorine manufacturers and other stakeholders
• Organizations, forums and alliances related to Liquid Chlorine 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 Liquid Chlorine manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
 
Report Scope:
 
In this report, the India Liquid Chlorine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
 
Market, by Application
Ethylene Dichloride (EDC), Chloromethanes, Chlorinated Paraffin Wax (CPW), Others
Market, by End Use
Polyvinyl Chloride Resin (PVC), Water Treatment, Pharmaceuticals, Pulp and Paper and Others
Market, by Sales Channel
Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region
North, West, East and South

 

Competitive Landscape
 
ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.
 
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs. 
 
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