Chlorine Dioxide Market Size

Chlorine Dioxide Market Size

Global Chlorine Dioxide Market size was over USD 860 million in 2020 and is estimated to grow at over 6.5% CAGR between 2020 and 2027 owing to increasing demand for safe drinking water and high growth in the food & beverage industry in the U.S, Canada, Italy, France, China and India. Additionally, rising concerns related to water pollution and the emerging trend of wastewater recycling is projected to boost the demand for chlorine dioxide over the projected period.

Chloride dioxide is majorly used in drinking water treatment as a disinfectant and oxidizing agent. Chlorine dioxide prevents the growth of bacteria in drinking water distribution and is active against formation of biofilms in the network. This product stays active for a long period that results in the prevention of biofilm formation. The rising drinking water demand owing to the escalating population and lack of availability of fresh water in countries including Libya, Yemen, Djibouti, & Jordan, and will boost drinking water treatment demand.

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Rising prevalence of waterborne diseases including Amoebiasis, Bacillary Dysentery, Cholera, Cryptosporidiosis, & Giardia has increased demand for filtered water. This further led to surge in demand for drinking water treatment, which in turn propels the market growth. Factors such as growing consumer awareness regarding the health benefits of preferring bottled water, increasing safe drinking water demand from the population, and inefficient water supply management in residential areas are driving the chlorine dioxide market growth.
 

Growth in the population and urbanization rates has developed stress on regional water resources, which is intensifying owing to declining freshwater resources. Also, agricultural and industrial pollution causes disturbance in the freshwater ecosystem. Excessively high levels of impurities have been disposed of in water reservoirs from the agriculture sector leading to a rise in the prevalence of waterborne diseases, which are likely to promote safe drinking water demand.