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2022

Liquid Chlorine Market

Liquid Chlorine Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

MC : Bulk Chemicals

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Author's: Arpita Kumari | Eswara Prasad
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Liquid Chlorine Market Research, 2031

The global liquid chlorine market size was valued at $5.59 billion in 2021, and is projected to reach $8.93 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

Originally found in gaseous form, chlorine, can be converted into liquid utilizing high pressure and is primarily used in water treatment and purification. Liquid chlorine is produced by the electrolysis of salt solution and has a strong oxidizing power and can be extensively used in different applications including, bleaching, oxidizing, and sanitizing agent. It helps prevent biological development of various harmful bacteria present in the water and is thus widely used for cleaning or disinfecting pool.

The increase in demand for liquid chlorine from water purification, agriculture, chemical processing, and pulp & paper industries is expected to serve as a crucial growth factor for the growth of the liquid chlorine market. Also, surge in usage of liquid chlorine in the production of pharmaceutical drugs is another key factor that fosters the liquid chlorine market growth during the forecast period. However, the health hazards associated with liquid chlorine are anticipated to hamper the growth of the liquid chlorine market. On the contrary, growth of the chemical industry is expected to generate lucrative opportunities for the global liquid chlorine industry.

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The liquid chlorine market is segmented into type, application and region. On the basis of type, the market is categorized into sodium hypochlorite, lithium hypochlorite, calcium hypochlorite, and others. On the basis of application, the market is classified into water treatment, agriculture, chemical processing, pharmaceutical, pulp & paper, plastic, textile, paints & coatings, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The liquid chlorine market share is analyzed across all significant regions and countries.

The major players operating in the global liquid chlorine market include AGC Inc., Atul Ltd, Clean Plus chemicals Ltd, DCW limited, Formosa Plastics Corporation, Global Heavy Chemicals Ltd, Hamilton chemicals, Meghmani Finechem Limited, Occidental Chemical Corporation, SHOWA DENKO K.K, Tata Chemicals, Toagosie Co. Ltd, Vencorex, Vynova group, and Weifang Yaxing Chemical Co.

Liquid Chlorine Market by Region

Asia-Pacific is projected to register a robust growth during the forecast period. In Asia-Pacific, liquid chlorine contributes to public health and safety, innovative technologies, and nutrition. It can be found in blood bags, medical gadgets, and surgical sutures, in the pharmaceutical sector. It is also beneficial in killing pathogens such as salmonella, campylobacter, and norovirus. It helps decrease cholesterol, alleviate arthritic pain, and alleviate allergy symptoms. These associated benefits boost the demand for liquid chlorine in the pharmaceutical industry and is projected to drive the growth of the liquid chlorine market in the region.

Liquid Chlorine Market by Type

The sodium hypochlorite segment dominated the global liquid chlorine market in terms of revenue, in 2021. Sodium hypochlorite is made up of a blend of liquid chlorine, water, and sodium hydroxide. It is used to wash big surfaces such as tables, kitchen counters, and floors. Sodium hypochlorite for swimming pools is usually manufactured at concentrations of 10% or 12.5%. Such demand for sodium hypochlorite is anticipated to increase the growth of the liquid chlorine market during the forecast period.

Liquid Chlorine Market by Application

The water treatment segment dominated the global liquid chlorine market in 2021. Liquid chlorine is used in water treatment to disinfect water and is part of the sanitation process for sewage and industrial waste. It is also used to eliminate parasites, bacteria, and viruses in drinking water.

COVID-19 Analysis:

The COVID-19 pandemic has had extraordinary consequences on the end-use industries of liquid chlorine. It also has an influence on the supply of pharmaceutical (mostly from Asia-Pacific region), as well as the import and export of pharmaceutical products, where demand has increased to strengthen people's hygiene. Health concerns were not taken seriously before the COVID 19 outbreak. Due to the COVID-19 outbreak, the health awareness among the populace has grown and the pharmaceutical sector has grown during the pandemic. As per the RBI, the pharmaceutical export market turnover was $24.4 billion in 2020-21, witnessing an 18.1% (y-o-y) growth. India’s domestic pharmaceutical market is estimated at $41 billion in 2021 and is expected to grow to $65 billion by 2024 and further expected to reach $130 billion by 2030.

Further, liquid chlorine is used as a pool sanitizer, which is used to keep the water clean and pollutants such as fungus from developing. It also helps prevent the spread of illnesses such as dysentery, fever, and other water-borne illnesses disorders. Furthermore, increased sales of pulp and paper, disinfectant and water treatment items worldwide increase the demand for liquid chlorine in the market during the pandemic. Moreover, the pandemic has called for the augmented usage of disinfectants in transportation, public facilities, hospitals, nursing homes, wastewater treatment facilities, and homes. Therefore, the above mentioned factors are predicted to surge the growth of the liquid chlorine market during the COVID-19 pandemic.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the liquid chlorine market analysis and liquid chlorine market forecast from 2021 to 2031 to identify the prevailing liquid chlorine market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the liquid chlorine market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global liquid chlorine market trends, key players, market segments, application areas, and market growth strategies.

Liquid Chlorine Market Report Highlights

Aspects Details
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By Type
  • Sodium hypochlorite
  • Lithium hypochlorite
  • Calcium hypochlorite
  • Others
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By Application
  • Water Treatment
  • Agriculture
  • Chemical Processing
  • Pharmaceutical
  • Pulp and Paper
  • Plastic
  • Textile
  • Paints and Coatings
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest Of Asia Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Key Market Players

MEGHMANI FINECHEM LIMITED, AGC Inc., Clean Plus chemicals Ltd, Global Heavy Chemicals Ltd, Tata Chemicals, SHOWA DENKO K.K, Atul Ltd, OCCIDENTAL CHEMICAL CORPORATION, Weifang Yaxing Chemical Co. Ltd, Hamilton Chemicals, VENCOREX, VYNOVA GROUP, FORMOSA PLASTICS CORPORATION, DCW Limited, TOAGOSIE CO. LTD

Analyst Review

According to the perspective of the CXOs of leading companies, the liquid chlorine market is anticipated to grow in near future due to its extensive use in applications such as chemical processing, agriculture, water treatment, textile, pharmaceutical and healthcare, chemical and other end-use industries. Liquid chlorine is majorly demanded to make pesticides and insecticides such as dichlorodiphenyltrichloroethane (DDT). In the water treatment business, liquid chlorine is frequently used for disinfection as well as the oxidation of iron and manganese. It is used in the textile industry to bleach cotton yarn and textiles, and in the pulp and paper sector to whiten pulp. Thus, the wide application scope of liquid chlorine is predicted to drive the growth of the liquid chlorine market during the forecast period. Further, the Asia-Pacific region is projected to register a robust growth during the forecast period.

Author Name(s) : Arpita Kumari | Eswara Prasad
Frequently Asked Questions?

The liquid chlorine market was valued at $5.59 billion in 2021, and is projected to reach $8.93 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

The growth of the global liquid chlorine market is majorly attributable to its wide applications in various industries such as water purification, agriculture, chemical processing, pharmaceutical, pulp & paper, plastic, textile, and paints & dyes.

Water treatment is the leading application of Liquid Chlorine Market

Asia-Pacific is projected to register a robust growth during the forecast period.

The major players operating in the global liquid chlorine market include AGC Inc., Atul Ltd, Clean Plus chemicals Ltd, DCW limited, Formosa Plastics Corporation, Global Heavy Chemicals Ltd, Hamilton chemicals, Meghmani Finechem Limited, Occidental Chemical Corporation, SHOWA DENKO K.K, Tata Chemicals, Toagosie Co. Ltd, Vencorex, Vynova group, and Weifang Yaxing Chemical Co.

On the basis of type, the sodium hypochlorite segment dominated the global liquid chlorine market in 2021.

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Liquid Chlorine Market

Global Opportunity Analysis and Industry Forecast, 2021-2031