Chlorine Dioxide Market Analysis

Chlorine Dioxide Market Analysis

Food & beverage application surpassed USD 160 million in 2020 and is anticipated to show growth of 7.5% of CAGR in the forecasted period owing to the rising government rules and regulations toward food safety. There are several government institutions such as the Food and Drug Administration, Food Safety and Inspection Service, and the U.S. Department of Agriculture that strictly monitor food safety and hygiene conditions in the food & beverage industry. Thus, stringent food safety regulation for cleanliness and hygiene is projected to offer growth opportunities for chlorine dioxide market.

The meat disinfection application of chlorine dioxide is projected to reach USD 79.5 million by 2027. The demand for chlorine dioxide to wash meat products such as chicken, seafood and meat carcasses has increased owing to its antimicrobial property. Growing demand for meat and meat products coupled with surge in demand for meat from fast food industry has led to significant growth in the meat processing industry.
 

Fruits & vegetables disinfection application should grow with the CAGR of 7.4% in the forecast period as it is highly effective against bacteria and viruses. Chlorine dioxide is used as disinfectant for cleaning fruit & vegetable during postharvest which will augment product demand.
 

The canning, brewing & bottling disinfection application of chlorine dioxide is projected to exceed USD 40 million by 2027 owing to its ability to disinfect cans and bottles used for packaging beverages. Growing demand for convenience food & beverages and Increase in popularity of sports and energy drinks has led to high demand for canning, brewing & bottling disinfection. This trend provides high growth opportunities for chlorine dioxide market.
 

The demand for chlorine dioxide in industrial water treatment applications is anticipated to surpass USD 615 million up to 2027. Chlorine dioxide is used as a disinfectant and cleaning agents in wide range of industries such as food & beverages, pulp & paper, oil & gas, power plants, and chemical industries. The rising establishment of manufacturing facilities in China and India owing to supportive government initiatives including the “Make in India” and “Made in China 2025” will propel the demand for wastewater treatment systems, boilers, and cooling towers for industries.
 

The Asia Pacific region is projected to register gains over 8% CAGR from 2021 to 2027. Rapid industrialization and urbanization in Asian countries such as India, China, Japan, South Korea and Australia have resulted in implementation of stringent regulations pertaining to wastewater treatment. The growing government initiatives & strategies to control water pollution & waste led to high demand for chlorine dioxide in the Asia Pacific region.
 

For instance, China’s Water Pollution Prevention and Control Law, ensures the prevention of water contamination around drinking water sources and encourages quality check of drinking water, which are the key attributes augmenting the chlorine dioxide market growth.