Global Chlor-Alkali (Caustic Soda/Sodium Hydroxide, Chlorine, Soda ASH/Sodium Carbonate) Market - Industry Trends & Forecasts to 2019
DUBLIN, Feb .02, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/zt24n2/chloralkali) has announced the addition of the "Chlor-Alkali Market by Products, Applications & Geography - Global Industry Trends & Forecasts to 2019" report to their offering.
The chlor-alkali market is estimated to witness a CAGR of 6.0% between 2014 and 2019 in terms of value, and is anticipated to generate a global market value of $93,936 million by 2019.
The report on chlor-alkali market' considers study of its three products: chlorine, caustic soda/sodium hydroxide, and soda ash/sodium carbonate. The chlor-alkali industry produces bulk chemicals that are used in many industries for various applications. They are required in the construction industry, automotive industry, food processing, water treatment, plastics, glass etc.
The market for chlor-alkali is anticipated to increase significantly in Asia-Pacific due to the increasing demand in construction, metal refining, food and beverage industry and paper industry which are projected to register a CAGR of more than 3.0% between 2014 and 2019 in terms of volume. In 2013, glass accounted for more than 51% of the overall soda ash market, EDC/ PVC share was estimated 36% of the total chlorine consumption whereas food pulp and paper accounted for 21% of total caustic soda consumption.
The global market for chlor-alkali is growing moderately, with Asia-Pacific leading consumption, followed by Europe and North America. China is the world's largest consumer for chlor-alkali products. The major markets for chlor-alkali in developing countries include China, India, South-East Asian and South American countries; whereas major markets in developed countries include U.S., Russia, Germany, and France.
Increasing demand for plastics and glass make Asia-Pacific an attractive market for capacity expansion. Asia-Pacific is the fastest growing market for chlor-alkali across the world, followed by North America and Europe. The opportunities are cited in growing residential requirements in China and India; and fast growing economies in South East Asia. Chemical industry is also expected to present opportunities, supported by favorable growth in paper industry and improved food processing industries, the overall chlor-alkali market remains attractive for coming years.
The key participants in this market are The Dow Chemical Company (U.S.), Occidental Petroleum Corporation (OXY) (U.S.), Formosa Plastics Corporation (Taiwan), Ineos Group Limited (Switzerland), Olin Corporation (U.S.), PPG Industries (U.S.), Xinjiang Zhongtai Chemical Company limited (China), Tosoh Corporation (Japan), Hanwha Chemical Corporation (South Korea), Solvay SA (Belgium), FMC Corporation (U.S.), Nirma Limited (India). This report follows both top-down and bottom-up approaches to estimate and forecast the global chlor-alkali market size.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Chlorine Market
8 Global Caustic Soda Market
9 Global Soda ASH Market
10 Competitive Landscape
11 Company Profiles
Companies Mentioned:
- FMC Corporation
- Formosa Plastics Corporation
- Hanwha Chemical Corporation
- Ineos Group Limited
- Nirma Limited
- Occidental Petroleum Corporation (OXY)
- Olin Corporation
- PPG Industries
- Solvay SA
- Tata Chemicals Limited
- The Dow Chemical Company
- Tosoh Corporation
- Xinjiang Zhongtai Chemical Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/zt24n2/chloralkali
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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