Chlorine Dioxide Market

Chlorine Dioxide Market Outlook - 2027

The global chlorine dioxide market was valued at $857.8 million in 2019, and is projected to reach $1,265.5 million by 2027, growing at a CAGR of 5.0% from 2020 to 2027.

Chlorine dioxide is a small, volatile, and very strong molecule consisting one chlorine atom and two oxygen atoms. It is abbreviated as ClO2 and exists as a free-radical in dilute solutions. It is also used as alternative to chlorine in water treatment solutions and offers the benefits of effectiveness at high pH, being unaffected by ammonia, and significant advantages over chlorine in systems susceptible to high levels of organic contaminants. It is a selective oxidizer and hence, its ability to control microorganisms in water at very low dosages makes it a cost-effective solution.

The global chlorine dioxide market is primarily driven by surge in demand from industrial sector for the treatment of waste water. Growth in industrial sector across the developing economies such as Brazil, China, and India, owing to set up of various industrial manufacturing units has surged the water pollution level due to dispersion of industrial waste water in river, lakes, and oceans. Therefore, the demand of chlorine dioxide for treatment of industrial waste water is anticipated to increase significantly during the forecast period. In addition, growth in demand for paper packaging from e-commerce and retail sector is likely to fuel the demand for chlorine dioxide from paper & pulp industry. Furthermore, increase in consumer preference for personal hygiene products such as tissue papers and disposable towels drives its demand from paper and pulp industry as bleaching agent. These factors are likely to drive the growth of the market in the coming years.

However, stringent government regulations against the use of chlorine limit the growth of the global chlorine dioxide market. Growth in regulatory restrictions on the usage of chlorine and hypochlorite in pulp bleaching is likely to offer fresh opportunities for the growth of the global chlorine dioxide market.

The global chlorine dioxide market size is segmented on the basis of application and region. On the basis of application, it is divided into industrial water treatment, pulp & paper processing, oil & gas, medical, food & beverages, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The major key players operating in the global chlorine dioxide market include Accepta, Ecolab, Grundfos, ProMinent, Evoqua, The Sabre Companies LLC, CDG Environmental LLC, Tecme Srl, Iotronic Elektrogerätebau GmbH, and Vasu Chemicals LLP. Other players operating in this market are Dioxide Pacific, Bio-Cide International, HES Water Engineers (India) Pvt. Ltd., Scotmas Group, and Superior Plus Corp. These major key players adopted strategies such as product launch, acquisition, and business expansion to stay competitive in the global chlorine dioxide market.

Key strategic moves & developments

In December 2018, Nalco Water, a subsidiary of Ecolab launched a new biocide technology based on chlorine dioxide for the treatment of industrial cooling water systems. This technology expands the company’s PURATE product portfolio and offers various advantages such as cost effectiveness, safety interlocks, and remote monitoring. This product has helped the company to expand its market share among small- and medium-sized water treatment companies in North America.

Global chlorine dioxide market, by region

Asia-pacific accounted for the major share in 2019. The demand for chlorine dioxide across Asia-Pacific is driven by surge in industrial wastewater treatment. The large amount of water required in industrial processes coupled with the adverse effects of contaminated water on industrial equipment such as lodging of debris and chemical contamination has surged the demand for chlorine dioxide. Owing to rapid industrialization across the region, various new industrial units has been installed in countries such China and India. Therefore, the demand for chlorine dioxide from these newly installed industrial units is expected to surge for the treatment of industrial waste water.

Global chlorine dioxide market, by application

The industrial water treatment segment accounted for the major chlorine dioxide market share in 2019. This is attributed to rapid industrialization across the developing economies such as China and India. Industrial processes require water with specific pH levels, hardness, and dissolved solids as the raw water intake involves water of different compositions such as seawater, freshwater, and groundwater. Chlorine dioxide serves as an effective biocide in the treatment of process water, food processing, and cooling towers. In addition, surge in water shortage has led to growing trend of water reuse, which requires proper water treatment. Rise in technological advancement in the industrial wastewater treatment industry along with significant expansion of the electronics sector has increased the requirement for chlorine dioxide to remove exotic metals, which is expected to drive the chlorine dioxide market growth.

COVID-19 analysis:

The global coronavirus outbreak is expected to pose severe challenges to the global chlorine dioxide market. Chlorine dioxide is primarily utilized in the manufacture of biocides. Therefore, a decline in sale of biocides is expected to restrain the growth of the chlorine dioxide market in the near future. In addition, extension of the lockdown in various countries across the world has led to supply chain disruptions; thereby, resulting in widespread shortage of critical medical devices. Many countries have attempted to ease this shortage by increasing imports and boosting domestic manufacture. However, the demand for medical devices is in excess of what domestic manufacturer can deliver. The aforementioned factors are likely to hinder the chlorine dioxide demand which is widely used as a disinfectant for laboratory and medical equipment.

Key benefits for stakeholders

• The global chlorine dioxide market analysis covers in-depth information of major industry participants.
• Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• Major countries have been mapped according to their individual revenue contribution to the regional market.
• The report provides in-depth analysis of the global chlorine dioxide market forecast for the period 2020–2027.
• The report outlines the current global chlorine dioxide market trends and future scenario of the global chlorine dioxide market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets. 
• Key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global chlorine dioxide market study.

 Chlorine Dioxide Market Report Highlights