(MENAFN- Ameliorate Digital Consultancy)
The global demand for 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 :
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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