Emphasis on Type (Caustic Soda, Chlorine, Soda Ash, Others); Application (Alumina, Inorganic Chemicals, Organic Chemicals, Pulp & Paper, Soaps & Detergents, Textile, Metallurgy, Water Treatment, Glass, Others); Region/Country
The global Chlor-Alkali market was stood around $60 billion in 2020 and is expected to demonstrate the growth of ~4% during the forecast period (2021-2027). In the long run, the chemical industry outpaced the overall world index owing to growing demand from large and diversified base of end use industry. Chlor-Alkali’s are no other, the industry witnessed significant growth in last couple of years. Increasing production of organic and inorganic chemicals, growing focus of safe drinking water, growing industrial production owing to rising demand from end users due to increasing consumer disposable income. For instance, according to International Aluminum Organization, the global alumina production was around 133.08 million tons in 2020 compared to 115.1 million tons in 2014. The growing production of alumina is increasing the demand of caustic soda, as it is use in Bayer process of refining the bauxite ore to obtain aluminum oxide.
The demand of chlor-alkali product decreased in 2020 owing to the COVID-19. In the light of COVID-19, governments across the globe had taken stringent measures resulted in the shutdown of industrial process as a result demand of raw materials affected severely. Further, periodically removal of lockdown resulted in the industry operations with partial workforce, this again resulted in the less supply to end users. In addition, border closures in order to curtail the spread of disease, halted the supply chain eco-system thus, resulted in the decline in the production and consumption of chlor-alkali products.
Insights Presented in the Report
“Amongst type, caustic soda category held prominent share in the market in 2020.”
Based on type, the market is categorized into caustic soda, chlorine, soda ash, and others. Among these, caustic soda accounted for significant share in the market as it is widely used in several industrial process including the Bayer process of producing alumina. Further, the product is used in the production of other bulk chemicals, textile, metallurgy. In addition, it is commonly used in the soaps & detergent industries.
“Amongst application, inorganic and organic chemicals category held the considerable market share in 2020.”
Based on application, the market is categorized into alumina, inorganic chemicals, organic chemicals, pulp & paper, soaps & detergents, textile, metallurgy, water treatment, glass, and others. Among these, organic & inorganic chemicals categories accounted for significant market share owing to increasing production of chemicals in order to meet the growing demand. Further, the organic & inorganic chemicals industry consume all types of chlor-alkalis like caustic soda, chlorine, and soda ash. Thus, with increasing chemical production, the demand of all types of chlor-alkali increase from organic & inorganic chemical industry.
“Asia Pacific held the considerable market share owing to large base of end use industry in the region”
For a better understanding of the market adoption of Chlor-Alkali, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia Pacific held the considerable market share owing to large base of end use industries in the regional countries like China, Japan, and India, among others. The region is the manufacturing hub of alumina, chemical, pulp & paper, soaps & detergents, textile, and metallurgy, among others. Further, increasing regional focus on water treatment industry is increasing the demand of chlor-alkalis.
Reasons to buy this report:
Customization Options:
The global Chlor-Alkali Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Global Chlor-alkali Market Covid-19 Impact
6. Global Chlor-alkali Market Revenue (usd Bn), 2019-2027f
7. Market Insights By Type
8. Market Insights By Application
9. Market Insights By Region
10. Chlor-alkali Market Dynamics
11. Chlor-alkali Market Opportunities
12. Chlor-alkali Market Trends
13. Legal & Regulatory Framework
14. Demand And Supply Side Analysis
15. Value Chain Analysis
16. Competitive Scenario
17. Company Profiled
18. Disclaimer
Analyzing the historical market, estimation of the current market, and forecasting the future market of the Chlor-Alkali three major steps undertaken to create and analyze its adoption across the globe. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Chlor-Alkali industry. Post assumption and validation of market numbers through primary interviews, we employed a bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Chlor-Alkali through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Chlor-Alkali market, we conducted a detailed secondary analysis to gather current market insights and share for different segments & sub-segments for major regions. Major segments included in the report are by type and application. Further regional and country-level analyses were conducted to evaluate the overall adoption of the Chlor-Alkali globally.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of Chlor-Alkali. Further, we conducted factor analysis using dependent and independent variables such as growing end use industry and increasing consumer spending power. A thorough analysis was conducted for demand and supply-side scenario considering increasing investment, top partnerships, merger and acquisition, business expansion, and product launches in the Chlor-Alkali industry.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Chlor-Alkali market, and market shares of each segment. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., bottom-up approach was applied to arrive at the market forecast to 2027 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global Chlor-Alkali market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of derivative and application.
The main objective of the Chlor-Alkali market study
The current & future market trends of global Chlor-Alkali were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
Customers who bought this item also bought
