Under the application segment, the EDC or PVC category captures a significant share of the industry. It is ascribed to the rising chemical usage in the chlorination process used for PVC or EDC. Moreover, the growing EDC or PVC requirement for various applications in sectors such as automotive, electrical electronics, building construction, boost chlorine production worldwide.
Under the end use segment, water treatment is projected to experience significant growth in the coming future, led by the worldwide rising concerns over water safety. Chlorine is massively utilized as a disinfectant for the supply of safe drinking water and clean water for sanitation purposes.
Moreover, the EPA has made it mandatory for containing a certain level of detectable chlorine in tap water. It is done to ensure that tap water remains free from germs. Thus, this practice snowballs the demand for chemicals for the treatment of water.
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The production of EDC or PVC is rising due to its usage in various sectors such as automotive, electrical and electronics, ad building, and construction sectors. PVC is massively used for roofing, insulation, flooring, shingles, and door sidings. Therefore, the bolstering demand for PVC or EDC is projected to boost the sales of chlorine in the coming years.
In addition, chlorine is highly used for water treatment purposes and in the pharmaceutical sector. The rising public awareness of water-borne diseases caused by untreated water consumption, such as hepatitis, trachoma, and diarrhea, as well as growing awareness in the developing countries of APAC, such as China, Indonesia, and India, are major drivers for the propulsion of the chlorine industry in the region.
The consumption of chlorine has significantly risen over the last few years, due to the growing demand for treated water in the near future. Developing countries, such as Thailand, India, and Brazil are concentrating on increasing public awareness of the harmful effects of the consumption of untreated water, along with the growing prevalence of diseases such as typhoid, cholera, Hepatitis A, and Hepatitis E. The growing usage of chlorine in water treatment is led by its ability to kill pathogens and other bacteria.
Chlorine is increasingly being used for water treatment to make it suitable for irrigation and swimming pools. In addition, the stringent regulations of the government for supplying clean, treated, and safe water fuels the demand for chlorine, resulting in industry propulsion.
The major companies operating in the industry are Nouryon, BASF SE, Dow Chemical Company, Occidental Petroleum Corporation, Formosa Plastic Corporation, and INEOS Group Holdings S.A.Therefore, demand for clean water for drinking and sanitization purposes led by growing awareness of water-borne diseases caused by untreated water propels the industry growth.
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