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Chlor-Alkali Market Share

Report ID: GMI6138
Published Date: Jul 2023
Report Format: PDF

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Chlor-alkali Market Share

The key players in the chlor-alkali market include:

Westlake Chemical Corporation
Tata Chemicals Limited
Occidental Petroleum Corporation
Formosa Plastics Corporation
Solvay SA
Tosoh Corporation
Hanwha Solutions Corporation
Nirma Limited
AGC Inc
Dow In
Xinjiang Zhongtai Chemical Co., Ltd
INOVYN
Ciner Resources Corporation,
Wanhua-Borsodchem.

These major market players concentrate on strategic partnerships, new product launches, and commercialization efforts for market expansion. Furthermore, they are making high investments in research to launch sophisticated products and gain maximum market revenue.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of chlor-alkali surpassed USD 68 billion in 2022 and will reach USD 82 billion by 2032 due to the rising stress on water treatment and the growing regulations pertaining to water quality.

The high purity chlor-alkali market size is anticipated to record over 5.5% CAGR from 2032 to 2032 driven by rising usage in industries, such as electronics, semiconductors, and pharmaceuticals, where strict purity standards are critical to manufacturing.

U.S. market for chlor-alkali crossed USD 24 billion in 2022 due to the fast-growing manufacturing sector, including chemicals, pulp & paper, textiles, and metals.

Some of the major chlor-alkali industry players are Westlake Chemical Corporation, Tata Chemicals Limited, Occidental Petroleum Corporation, Formosa Plastics Corporation, Solvay SA, Tosoh Corporation, Hanwha Solutions Corporation, Nirma Limited, AGC, Inc., and Dow Inc.