Global Chlor-Alkali Market: Trends and Forecasts up to 2023
INFINIUM GLOBAL RESEARCH
Global Chlor-Alkali Market: Trends and Forecast -2023
INTRODUCTION REPORT DESCRIPTION The chlor-alkali process is an electrolytic process by which chlorine and alkali are produced from a salt solution. Diaphragm cell process, mercury cell process and membrane cell process are the three types of technologies utilized for chlor-alkali process. Caustic soda (sodium hydroxide), muriatic acid, and potassium hydroxide are the major alkalis’ produced during this process. Usually seawater is used as the brine solution. If potassium brine is used, the alkali obtained by the process will be potassium hydroxide. Chlorine is a major chemical building block in various industries and it accounts for major portion of overall chlor-alkali demand. Chlorine finds major application in the EDC/PVC industry. Moreover, caustic soda finds applications in industries such as aluminium, cleaning agents, food, soap, textiles, and some others. As per the report, the global Chlor-Alkali market was worth USD 90.92 million in 2017. The global market is expected to grow at a CAGR of 5.0% over the forecast period of 2017 – 2023 to surpass USD 127.46 million. In terms of volume the global Chlor-Alkali market is expected to surpass 291797.2 kilo tons in 2023 growing from 227919.7 kilo tons in 2017, expanding at a CAGR of 3.6% over the forecast period 2017-2023. This report estimates the market size of Chlor-Alkali in terms of value (USD Million) and volume (Kilo Tons) over the period of 2017 to 2023. The year 2015are considered being base years, and 2017 to 2023 is considered to be a forecast period.The historic data for 2013 and 2014 is also referred to while estimating and arriving at the market values for regional and global market sizes of Chlor-Alkali. The market sizes for Chlor-Alkali by Products, by application and by regions are estimated in terms of value and volume. This market research study provides detailed qualitative and quantitative analyses of the global Chlor-Alkali market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of Chlor-Alkali. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific, and, Rest of the World (RoW). The market size and forecasts are also given for these regions.
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Global Chlor-Alkali Market: Trends and Forecast -2023
Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of Chlor-Alkali market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global Chlor-Alkali market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. SEGMENTATION AND RESEARCH SCOPE CHLOR-ALKALI MARKET SEGMENTATION
Products
Caustic Soda Applications
Chlorine Applications
Soda Ash Applications
Alumina
Chlorinated Intermediates
Caustic Soda
Food
C1/C2 Aromatics
Chlorine
Inorganic Chemicals
EDC/PVC
Organic Chemicals
Inorganic Chemicals
Pulp & Paper
Isocynades
Soaps & Detergents
Organic Chemicals
Metallurgy
Steel/Metallurgy-Sintering
Propylene Oxide
Pulp & Paper
Textiles
Pulp & Paper
Water Treatment
Water Treatment
Others
Others
Soda Ash
Glass Soaps & Detergents
Others
The report segments the global Chlor-Alkali market by Products, application,and region. The products include Caustic Soda, Chlorine, and Soda Ash.The application segment covers the applications of each product type of Chlor- Alkali.
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Global Chlor-Alkali Market: Trends and Forecast -2023
The applications of Caustic Soda segment include Alumina Food Inorganic Chemicals Organic Chemicals Pulp & Paper Soaps & Detergents Steel/Metallurgy-Sintering Textiles Water Treatment Others The applications of Chlorine segment include Chlorinated Intermediates C1/C2 Aromatics EDC/PVC Inorganic Chemicals Isocynades Organic Chemicals Propylene Oxide Pulp & Paper Water Treatment Others The applications of Soda- Ash segment include Glass Soaps & Detergents Metallurgy Pulp & Paper Others The global Chlor-Alkali Market is analyzed covering the regions such as North America, Europe, Asia- Pacific and Rest of the World.
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Global Chlor-Alkali Market: Trends and Forecast -2023
RESEARCH METHODOLOGY METHODOLOGY Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the Chlor-Alkali market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days.
RESEARCH METHODOLOGY: AN OUTLINE
Primary Research
Secondary research
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• Primary sources of the information and data include • Industry Experts/ consultants • Top level executives in the key market players • Subject matter experts • Academicians and research scholars
• Secondary sources of the information and data include • Company reports and publications • Government/institutional publications • Trade and associations’ journals • Databases • Websites and publications by research agencies • Others
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Global Chlor-Alkali Market: Trends and Forecast -2023
P r i m a r y R es ea r c h Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through 1. Key Opinion Leaders associated with Infinium Global Research 2. Internal and External subject matter experts 3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers Our primary research respondents typically include 1. Executives working with leading companies in the market under review 2. Product/brand/marketing managers 3. CXO level executives 4. Regional/zonal/ country managers 5. Vice President level executives. Secondary Research Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include • Company reports and publications • Government/institutional publications • • • • • • • • •
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Trade and associations’ journals Databases such as WTO, OECD, Hoovers, Factiva, and World bank, among others. Websites and publications by research agencies The Barites Association U.S. Geological Survey Europa The Australasian Joint Ore Reserves Committee (JORC) Data.Gov.In (Govt. of India, Open Govt. Data platform) Others
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Global Chlor-Alkali Market: Trends and Forecast -2023
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DATA COLLECTION MATRIX: RESEARCH METHODOLOGY: DATA COLLECTION MATRIX
Demand Side analysis
Global market size (Consumption)
Supply Side Analysis
Production +Import -Export
Data collection matrix explains the triangulation of the data collected to arrive at the market size of the global Chlor-Alkali market. The supply side analysis considers the production of Chlor-Alkali. The supply side analysis also takes into consideration the suppliers of raw materials, the manufacturers and other stakeholders involved into supply of the Chlor-Alkali. The demand side analysis considers the Productareas of the Chlor-Alkali market. In this approach the various industry players are considered. The country-wise sales values provide the data of consumption of Chlor-Alkali in the regional as well as global markets. Moreover, this approach helps analyze the future trends and the market size of the global as well as regional Chlor-Alkali market.
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Global Chlor-Alkali Market: Trends and Forecast -2023
RESEARCH APPROACHES The study on global Chlor-Alkali market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD Million and volume in kilo tons. The research also covers the analysis of the various segments in the global Chlor-Alkali market. The estimates in the global Chlor-Alkali market are based on both bottom-up and top-down approaches. RESEARCH APPROACHES- BOTTOM UP • Accumulation of the country level market size (sales value) • Regional market size of Chlor-Alkali and its applications
• Segment revenue of the key players • Country level market size by products and applications (sales value) • Identifying key players in the Chlor-Alkali market
• Accumulation of the regional/country market size (sales value) • Global market size of products and applications
In the bottom-up approach the revenues of the key players are determined and added to arrive at the country or regional market size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of Chlor-Alkali market.
RESEARCH APPROACHES- TOP-DOWN
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Global Chlor-Alkali Market: Trends and Forecast -2023
Top Down Approach • Global market size of Chlor-Alkali market • sales value for 2017 to 2022 Global market
Market Segments
• % breakdown by market segments products of Chlor-Alkali • sales value for 2017 and 2023
Top- Down Approach Determine the regional market size
Country Level market sizing
• Regional market size of the Chlor-Alkali market (sales value) • Regional market size of products and applications in terms of value
• Country level market size of the Chlor-Alkali market in every region (sales value) • Country level market size of products and applications in every region
In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia Pacific,and RoW. Get 15% Discount on this Premium Report: https://www.infiniumglobalresearch.com/reports/request-discount/78 IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES.
PRIMARY SOURCES
• Industry Publications
of
end-use
• Industry news ‘ • Data sources • U.S. Geological Survey
Infinium’s Data bank/Know how
• Europa • The Australasian Joint Ore Reserves Committee (JORC)
•C-level executives in the leading manufacturing companies of Barite •Product managers •Sales managers •Industry consultants •Distributors/Suppliers
• Others
• Annual Reports • Presentations • Company Websites
• Press Releases • News Articles • Journals
Primary Research
Secondary Research
Data Triangulation and Information Sources
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• Paid Databases
Company Publications .
SUPPLY SIDE
• Data.Gov.In (Govt. of India, Open Govt. Data platform)
General. Publications
DEMAND SIDE
• Government Agencies’ Publications
•Top executives industries •Intermediaries
Global Chlor-Alkali Market: Trends and Forecast -2023
The market size of Chlor-Alkali is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the Chlor-Alkali market. The primary interview participants typically include managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the Chlor-Alkali market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the Chlor-Alkali market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of Chlor-Alkali. With the help of primary interviews and secondary research the market size of Chlor-Alkali is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of Chlor-Alkali in the world market.
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Global Chlor-Alkali Market: Trends and Forecast -2023
EXECUTIVE SUMMARY GLOBAL CHLOR-ALKALI MARKET HIGHLIGHTS, (USD MILLION) The consistent global demand for alumina, pulp and paper, vinyls and other derivatives provide positive growth opportunities for chlor-alkali market. Furthermore, heavy investments in alumina industry are expected to provide growth opportunities for chlor-alkali market, as caustic soda is a major raw material for alumina refining process. The demand for chlorine is leading many chlor-alkali manufacturers to upgrade technology as well as manufacturing facilities to improve the production of allied products as well to have optimum output and it is expected to help in the growth of the market. Moreover, the growing demand from industries such as automobile, construction, food, paper, pulp and other industries are expected to drive the global chlor-alkali market .Moreover, the demand for chlor-alkali products in inorganic and organic chemicals industries are expected to enhance the growth of the global chlor-alkali market during the forecast period. However, the emission of mercury and carbon during the manufacturing of chlor-alkali has environmental implications, which in turn is likely to restrain the growth in this market over the forecast period. Replacing the older technology for production to overcome this issue is a major challenge for the players in the global chlor-alkali market during the forecast period. However, with several chlor-alkali manufacturers are adopting membrane cell technology, there is significant scope for reduction of environmental impact. This is expected to drive volume of the chlor-alkali market to grow during the forecast period. Asia-Pacific region is the largest chlor-alkali market in the world. China, India and South East Asian countries drive the Asia-Pacific region with huge consumption of caustic soda, chlorine, and soda ash in industries such as construction, food & beverages, metal refining, paper, plastics, and others. China is among the largest chlor-alkali producing countries in the world and its domestic market has the highest demand for chlor-alkali in the world. Europe and North America are the next major chlor-alkali markets. Major water purification processes used in Europe require chlorine. Moreover, chlorinated compounds are widely used for synthesis of several active chemicals in the pharmaceutical industry. The greater demand for chlorine from these industries drives the European chlor-alkali market. The increase in demand from the automobile industry is expected to drive the North American chlor-alkali market over the forecast period. Further, the demand for chlor-alkali in developing countries drives the growth of chlor-alkali market in the Latin America. African chlor-alkali market
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Global Chlor-Alkali Market: Trends and Forecast -2023
received huge investments in the downstream chemicals segment and it is expected to fuel the growth of the market in the region over the period of 2017 to 2023. Asia Pacific is the largest revenue generating region and it is mainly driven by large scale production and consumption of Chlor-Alkaliminerals in China and India. North America is expected to growth at the highest CAGR of X.X% over the forecast period. Some of the key players in the global Chlor-Alkali market are AkzoNobel NV, Axiall Corporation, Bayer Material Sciences AG, Hanwha Chemical Corporation , Occidental Petroleum Corporation , Solvay Chemicals , andTata Chemicals Ltd . Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/chemical-material/global-chlor-alkali-market GLOBAL CHLOR-ALKALI MARKET PROJECTION, 2017 – 2023 (USD MILLION)
2014
2015
2016
2017
2018 Value
2019
2020
2021
2022
Volume
Chlor-Alkali market is expected to experience significant growth globally. The global market for Chloe-Alkali is expected to grow at a CAGR 5.0% over the period of 2017 to 2023, emerging markets are expected to impact the growth rate over the forecast period.
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Global Chlor-Alkali Market: Trends and Forecast -2023
GLOBAL CHLOR-ALKALI MARKET CAGR GROWTH BY REGIONS
x.x %
x.x
%
x.x
%
North America Europe
Asia-Pacific
Emerging markets of Asia-Pacific, Europe and North America regions are expected to drive the growth in the world market. The Asia-Pacific region is expected to grow at a CAGR of x.x% over the forecast period. North America is projected to grow at the highest CAGR x.x% over the period of 2017 – 2023. MARKET OVERVIEW AND COMPETITIVENESS DRO ANALYSIS DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global Chlor-Alkali market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the Chlor-Alkali market. Drivers refer to the factors that are expected to drive or boost the market size or demand for Chlor-Alkali. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of Chlor-Alkali market both in short run and long run.
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Global Chlor-Alkali Market: Trends and Forecast -2023
DRIVERS, RESTRAINTS AND OPPORTUNITIES IN GLOBAL CHLOR-ALKALI MARKET
D
• • •
Driver 1 Driver 2 Driver 3
R
• • •
Restraint 1 Restraint 2 Restraint 3
O
• •
Opportunity 1 Opportunity 2
Drivers
Restraints
Opportunities
IGR- GROWTH MATRIX ANALYSIS Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and application segment based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in this segment. Mergers and acquisitions, extensive marketing 14
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Global Chlor-Alkali Market: Trends and Forecast -2023
programs, and new product developments can be used as marketing strategies to consolidate the market in these segments.  Opportunity Zone: High growth low market size  Safe Zone: Moderate growth and moderate market size.
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