DALLAS, December 16, 2014 /PRNewswire/ --
RnRMarketResearch.com adds Chlor-Alkali Market by Products, Applications & Geography - Global Industry Trends & Forecasts to 2019 and Market Research Report on Global and Chinese Chlor-alkali Industry, 2009-2019 to its online business intelligence library.
The global chlor-alkali market consumption is projected to grow from 193,384 KT in 2014 to 224,231 KT by 2019, at a CAGR of 3.00% during the same period. At a CAGR of 6.00%, the market is projected to reach $93,936 million in 2019 from $70,407 million in 2014. According to Chlor-Alkali Market by Products (Caustic Soda/Sodium Hydroxide, Chlorine, Soda ASH/Sodium Carbonate), Applications & Geography - Global Industry Trends & Forecasts to 2019, Asia-Pacific region was the world's largest market for chlor-alkali products in 2013 and is expected to be till 2019. China is the key consumer of chlorine, caustic soda and soda-ash in Asia-Pacific whereas India is expected to be the fastest growing market of chlor-alkali in Asia-Pacific as well as the World. Various mergers & acquisitions, and expansions in chlor-alkali industry and growing plastics industry have in turn made the region a potential growth market for chlor-alkali market. Expansions are key growth strategy adopted by major players in this industry.
Expansion and merger & acquisitions are the major chlor-alkali market growth strategies adopted by industry players. Most of the companies are engaged in expanding their existing facilities or are venturing into new markets by mergers & acquisitions. Another area of concern is the improvement in the existing technology so that there is less energy consumption and the process is more environmentally benign. Replacing old mercury cell plants with advanced membrane cell technology is also a trend across all regions. Some of the drivers include growing increased demand from the construction and automobile sectors, increased use in food, pulp and paper industries. The chlor-alkali market is experiencing moderate growth, especially in Asia-Pacific and North America, due to the increased demand of chlor-alkali products in construction and chemical sectors. European chlor-alkali market is expected to face a demand supply gap as mercury cell plants are scheduled to be phased out from service before 2020.
Among the three products of chlor-alkali industry, caustic soda leads in quantity produced. In 2013 around 69,000KT of caustic soda was produced globally. Chlorine, caustic soda and soda ash are widely used in the global chemical, glass, plastic and various other industries. In 2013, the three products of chlor-alkali had total demand of 187,919KT globally. The regional segments include Asia-Pacific, Europe, North America and Rest of the World. The application segments include major applications from chlorine, caustic soda and soda ash.
The report also includes company profiling and competitive strategies adopted by various market players including,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), are the most active and important players of the global chlor-alkali industry. Order a copy of this research at http://www.rnrmarketresearch.com/contacts/purchase?rname=60339 .
The Market Research Report on Global and Chinese Chlor-alkali Industry, 2009-2019 is a professional and in-depth market survey on Global and Chinese Chlor-alkali industry of 150 pages. The research is delivered within 2-3 working days of ordering it online through http://www.rnrmarketresearch.com/market-research-report-on-global-and-chinese-chlor-alkali-industry-2009-2019-market-report.html . The report firstly reviews the basic information of Chlor-alkali including its classification, application and manufacturing technology; The report then explores global and China's top manufacturers of Chlor-alkali listing their product specification, capacity, Production value, and market share etc.; The report further analyzes quantitatively 2009-2014 global and China's total market of Chlor-alkali by calculation of main economic parameters of each company; The breakdown data of Chlor-alkali market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Chlor-alkali Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Chlor-alkali Industry. In the end, the report makes some proposals for a new project of Chlor-alkali Industry and a new project of Chlor-alkali Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Chlor-alkali industry covering all important parameters.
Explore more reports on chemicals industry and other newly published research by MarketsandMarkets at http://www.rnrmarketresearch.com/publisher/MarketsandMarkets.html .
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