Sales of Chlor-Alkal Is Poised To Flourish At A CAGR of 5.4% To Reach A Value of US$ 150 Billion by 2032

The global chlor-alkali market is likely to be valued at US$ 88.5 Billion in FY 2022, up from US$ 84 Billion in 2021.

During the past year, the industry registered a Y-o-Y increase worth 5.3%. From 2022 to 2032, Chlor-Alkali sales are poised to flourish at a CAGR of 5.4% to reach a value of US$ 150 Billion by the end of 2032.

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Competitive Landscape

Prominent Chlor-Alkali providers are reliant on partnerships, collaborations, acquisitions, and new software launches to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.

• In March 2021, AGC Inc. passed a resolution to integrate and reorganize its 3 consolidated subsidiary companies, AGC Chemicals (Thailand) Co., Ltd, Vinythai Public Company Limited, and AGC Chemicals Vietnam Co., Ltd, and to form a new company that will promote the business development of Chlor-alkali products and services in Thailand and Cambodia, Laos, Myanmar, and Vietnam markets, with target completion by the first half of 2022
• In Oct 2019, Borregaard invested 207 million Norwegian kroner in a chloralkali plant at the Sarpsborg site in Norway; The project aims at modernizing existing equipment and is expected to near completion in 2022.

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Key Companies Profiled :

• Formosa Plastics Corporation
• Solvay SA
• AGC Inc.
• Dow Inc.
• Tronox Limited
• Tata Chemicals Limited
• Xinjiang Zhongtai Chemical Co. Ltd.
• Axiall Chemicals
• BorsodChem
• Olin Corporation
• Westlake Chemical Corporation
• Tosoh Corporation
• Hanwha Solutions Corporation
• INOVYN
• Nirma LimitedKey Segments Covered in the Chlor-Alkali Industry Survey

• by Product
  • Chlorine-based
  • Caustic Soda-based
  • Soda Ash-based
• by Application
  • Glass Manufacturing
  • Vinyl Production
  • Organic Chemical Production
  • Inorganic Chemicals Production
  • Pulp & Paper Production
  • Chlorinated Intermediates
  • Water Treatment
  • Other Applications
• by Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Questionnaire answered in the Chlor-Alkali Market report include:

• How the market for Chlor-Alkali has grown?
• What is the present and future outlook of the global Chlor-Alkali on the basis of region?
• What are the challenges and opportunities for the Chlor-Alkali?
• Why the consumption of Chlor-Alkali highest in region?
• In which year segment is expected to overtake segment?

What makes Fact.MR report stand out from others?

• MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Chlor-Alkali market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
• Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Chlor-Alkali market, thus, making it different and special from other reports.
• Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
• Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Chlor-Alkali market and assists to create strategies to overcome the obstacles that may hinder the growth of the Chlor-Alkali market.
• Leverage: The Chlor-Alkali market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
• Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
• Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Chlor-Alkali market.

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