Asia Pacific Chlorine Market Forecast to 2030

Asia Pacific Chlorine Market Forecast to 2030 – Regional Analysis – Application (Ethylene Dichloride/Polyvinylchloride Production, Chloromethanes, Isocyanates and Oxygenates, Solvents, and Others) and End-Use Industry (Water Treatment, Chemicals, Pulp and Paper, Plastics, Pharmaceuticals, and Others)

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Description

The Asia Pacific chlorine market is expected to grow from US$ 9,937.69 million in 2023 to US$ 13,497.51 million by 2030. It is estimated to grow at a CAGR of 4.5% from 2023 to 2030.

Development of Greener Chlorine Fuel Asia Pacific Chlorine Market

The development of greener chlorine production methods is a significant step toward addressing environmental concerns and promoting sustainability in the chemical industry. Traditionally, chlorine has been produced through the chlor-alkali process, which involves the electrolysis of brine (sodium chloride solution). While effective, this process involves mercury and uses vast amounts of electrical energy, which could leave a considerable amount of carbon footprint. Researchers and industry players have been actively working on greener chlorine production in response to these challenging methods. Membrane cell and solid oxide technologies show promise in reducing energy consumption and greenhouse gas emissions during chlorine production. These technologies improve the overall efficiency of the electrolysis process, leading to lower energy requirements and reduced environmental impact.

Moreover, advancements in catalysts are contributing to greener chlorine production. Efficient catalysts can enhance the selectivity and performance of the electrolysis process, leading to higher yields of chlorine with reduced energy consumption. Researchers are continuously working to identify and optimize catalyst materials to make chlorine production sustainable. Manufacturers of chlorine, such as Covestro AG and Nobiuse, use sustainable manufacturing practices to produce chlorine. Covestro AG uses oxygen depolarized cathode to manufacture chlorine, which requires up to 25% less electricity than conventional processes. Using electricity generated from renewable sources such as solar, wind, or hydropower can significantly reduce the carbon footprint associated with chlorine production. Renewable energy-driven electrolysis minimizes greenhouse gas emissions and reduces dependence on fossil fuels, making the entire chlorine production process environmentally friendly. Thus, the development of greener chlorine production methods is driven by the commitment to environmental sustainability and the desire to reduce the environmental footprint of chemical processes. These efforts aim to improve chlorine production’s environmental profile and contribute to the broader goal of transitioning toward a sustainable and circular economy. As these greener methods continue to advance and gain traction, they have the potential to reshape the chlorine industry and foster a sustainable future for chemical production. All these factors will drive the Asia Pacific chlorine market growth during the forecast period.

Asia Pacific Chlorine Market Overview

Australia, China, India, Japan, and South Korea are the key contributors to the Chlorine Market in Asia Pacific. With an increasing population and a shift of people from rural to urban areas, there is a rising need for construction materials, particularly PVC and its derivatives. Chlorine is a fundamental raw material in PVC production used to manufacture pipes, fittings, cables, and other building products. Growth of the construction industry to accommodate the urban population’s demands is expected to intensify the demand for chlorine-based materials, thereby contributing to the market expansion. The robust manufacturing sector in Asia Pacific also drives the demand for chlorine. The region has become a global manufacturing hub, with industries spanning chemicals, textiles, plastics, and electronics. According to a report published by BASF SE, chemical production in Asia Pacific expanded by 4.2% in 2021. Chlorine is a crucial element in various industrial processes, such as the production of chemicals, solvents, and intermediates for pharmaceuticals. The rising manufacturing activities across the region to meet domestic and international demands are anticipated to fuel the demand for chlorine, an essential raw material.

Asia Pacific Chlorine Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Chlorine Market Segmentation

The Asia Pacific chlorine market is segmented into application, end-use industry, and country.

Based on application, the Asia Pacific chlorine market is segmented into ethylene dichloride/polyvinylchloride production, chloromethanes, isocyanates and oxygenates, solvents, and others. The ethylene dichloride/polyvinylchloride production segment held the largest share of the Asia Pacific chlorine market in 2023.

Based on end-use industry, the Asia Pacific chlorine market is segmented into water treatment, chemicals, pulp and paper, plastics, pharmaceuticals, and others. The plastics segment held the largest share of the Asia Pacific chlorine market in 2023.

Based on country, the Asia Pacific chlorine market has been categorized into the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific chlorine market in 2023.

Aditya Birla Chemicals India Ltd, BASF SE, Ercros SA, Hanwha Solutions Corp, INEOS Group Holdings SA, Occidental Petroleum Corp, Olin Corp, Tata Chemicals Ltd, and Sumitomo Chemical Co Ltd are the leading companies operating in the Asia Pacific chlorine market.

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At 4.5% CAGR, the Asia Pacific Chlorine Market is speculated to be worth US$ 13,497.51 million by 2030, says Business Market Insights

According to Business Market Insights research, the Asia Pacific chlorine market was valued at US$ 9,937.69 million in 2023 and is expected to reach US$ 13,497.51 million by 2030, registering a CAGR of 4.5% from 2023 to 2030. Growing demand from water and wastewater treatment industry and flourishment of PVC manufacturing industry attributed to the Asia Pacific chlorine market expansion.

In various end-use industries chlorine finds extensive including water & wastewater treatment, chemical, and PVC manufacturing, due to its versatile properties and wide range of applications. Chlorine is used to manufacture polyvinyl chloride and is extensively used in water purification & wastewater treatment. It is also used in batteries, pharmaceutical, chemical, food processing, and metal fluxing industries, as a bleaching agent, and pulp & paper manufacturing. It is used as a post-harvest disinfectant for fruits & vegetables. The growing pharmaceutical sector due to population growth, advancements in healthcare is expected to increase the demand for pharmaceutical products and medications in the coming years. This will fuel the need for essential raw materials such as chlorine and its derivatives, creating favorable prospects for the Asia Pacific chlorine market.

In pharmaceutical industry chlorine is used as an active pharmaceutical ingredient (API). Biotechnology has revolutionized drug delivery and development processes. Chlorine and its derivatives are essential raw materials for the synthesis of many active pharmaceutical ingredients (APIs) and drug intermediates. Advancements in gene editing technologies, such as CRISPR-Cas9, have opened new avenues for treating genetic disorders. Chlorine derivatives are used in certain gene editing processes, making them essential for gene therapy research and applications. Further, chlorine and its derivatives serve as vital building blocks in the production of various specialty chemicals and intermediates. These chemicals are essential in diverse industries, including pharmaceuticals, agrochemicals, coatings, and personal care products. The rising demand for specialty chemicals tailored to specific applications can propel the need for chlorine. Chlorine derivatives also find applications as solvents and chemical reagents in research laboratory work and chemical synthesis. The expanding chemical research and development activities in industries such as pharmaceuticals, biotechnology, and material science are anticipated to provide growth opportunities to the Asia Pacific Chlorine Market during the forecast period. In addition, the developing pulp & paper industry would offer significant opportunities for the Asia Pacific chlorine market due to its continued reliance on chlorine-based bleaching agents and the increasing sustainable paper production. Chlorine is a key component in bleaching to whiten pulp fibers and improve paper quality. From water treatment, pharmaceuticals, and plastic manufacturing to crop protection, chlorine and its derivatives play crucial roles in enhancing efficiency, safety, and hygiene across various applications. Thus, the increasing adoption of chlorine across different end-use industries is expected to provide opportunities to the Asia Pacific chlorine market over the coming years.

On the contrary, stringent government regulations for environment protection hampers the Asia Pacific chlorine market.

Based on application, the Asia Pacific chlorine market is segmented into ethylene dichloride/polyvinylchloride production, chloromethanes, isocyanates and oxygenates, solvents and others. The ethylene dichloride/polyvinylchloride production segment held 30.2% share of Asia Pacific chlorine market in 2023, amassing US$ 2,999.79 million. It is projected to garner US$ 4,106.45 million by 2030 to expand at 4.6% CAGR during 2023-2030.

Based on end-use industry, the Asia Pacific chlorine market is segmented into water treatment, chemicals, pulp and paper, plastics, pharmaceuticals, and others. The plastics segment held 32.7% % share of Asia Pacific chlorine market in 2023, amassing US$ 3,248.61 million. It is projected to garner US$ 4,493.21 million by 2030 to expand at 4.7% CAGR during 2023-2030.

Based on country, the Asia Pacific chlorine market has been categorized into the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 49.2% share of Asia Pacific chlorine market in 2023. It was assessed at US$ 4,890.89 million in 2023 and is likely to hit US$ 6,881.56 million by 2030, exhibiting a CAGR of 5.0% during 2023-2030.

Key players operating in the Asia Pacific chlorine market Aditya Birla Chemicals India Ltd; BASF SE; Ercros SA; Hanwha Solutions Corp; INEOS Group Holdings SA; Occidental Petroleum Corp; Tata Chemicals Ltd; and Sumitomo Chemical Co Ltd.

BASF SE Monomers division received first ISCC+ certification in Asia-Pacific to expand its portfolio of sustainable products in the region. The attainment of the certificates underlines the division’s determination to help customers reach their sustainability targets.

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TABLE OF CONTENTS

1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Chlorine Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.1.1 List of Vendors in the Value Chain
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End-Use Industry
5. Asia Pacific Chlorine Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand from Water and Wastewater Treatment Industry
5.1.2 Flourishment of PVC Manufacturing Industry
5.2 Market Restraints
5.2.1 Stringent Government Regulations for Environment Protection
5.3 Market Opportunity
5.3.1 Growing Adoption from End-Use Industries
5.4 Future Trends
5.4.1 Development of Greener Chlorine
5.5 Impact Analysis
6. Chlorine Market – Asia Pacific Market Analysis
6.1 Asia Pacific Chlorine Market Revenue (US$ Million)
6.2 Asia Pacific Chlorine Market Forecast and Analysis
7. Asia Pacific Chlorine Market Analysis – Application
7.1 Ethylene Dichloride/Polyvinylchloride Production
7.1.1 Overview
7.1.2 Ethylene Dichloride/Polyvinylchloride Production Market Revenue and Forecast to 2030 (US$ Million)
7.2 Chloromethanes
7.2.1 Overview
7.2.2 Chloromethanes Market Revenue and Forecast to 2030 (US$ Million)
7.3 Isocyanates and Oxygenates
7.3.1 Overview
7.3.2 Isocyanates and Oxygenates Market Revenue and Forecast to 2030 (US$ Million)
7.4 Solvents
7.4.1 Overview
7.4.2 Solvents Market Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Chlorine Market Analysis – End-Use Industry
8.1 Water Treatment
8.1.1 Overview
8.1.2 Water Treatment Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Chemicals
8.2.1 Overview
8.2.2 Chemicals Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Pulp and Paper
8.3.1 Overview
8.3.2 Pulp and Paper Market Revenue and Forecast to 2030 (US$ Million)
8.4 Plastics
8.4.1 Overview
8.4.2 Plastics Market Revenue and Forecast to 2030 (US$ Million)
8.5 Pharmaceuticals
8.5.1 Overview
8.5.2 Pharmaceuticals Market Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Chlorine Market – Country Analysis
9.1 Asia Pacific Chlorine Market
9.1.1 Overview
9.1.2 Asia Pacific Chlorine Market, By Key Country- Revenue 2022 (US$ Million)
9.1.3 Asia Pacific Chlorine Market Breakdown by Country
9.1.3.1 Asia Pacific Chlorine Market Breakdown by Country
9.1.3.2 Australia Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.2.1 Australia Chlorine Market Breakdown by Application
9.1.3.2.2 Australia Chlorine Market Breakdown by End-Use Industry
9.1.3.3 China Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.3.1 China Chlorine Market Breakdown by Application
9.1.3.3.2 China Chlorine Market Breakdown by End-Use Industry
9.1.3.4 India Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.4.1 India Chlorine Market Breakdown by Application
9.1.3.4.2 India Chlorine Market Breakdown by End-Use Industry
9.1.3.5 Japan Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.5.1 Japan Chlorine Market Breakdown by Application
9.1.3.5.2 Japan Chlorine Market Breakdown by End-Use Industry
9.1.3.6 South Korea Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.6.1 South Korea Chlorine Market Breakdown by Application
9.1.3.6.2 South Korea Chlorine Market Breakdown by End-Use Industry
9.1.3.7 Rest of Asia Pacific Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
9.1.3.7.1 Rest of Asia Pacific Chlorine Market Breakdown by Application
9.1.3.7.2 Rest of Asia Pacific Chlorine Market Breakdown by End-Use Industry
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Aditya Birla Chemicals India Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BASF SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Ercros SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hanwha Solutions Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 INEOS Group Holdings SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Occidental Petroleum Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Olin Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Tata Chemicals Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Sumitomo Chemical Co Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix

LIST OF TABLES

Table 1. Asia Pacific Chlorine Market Segmentation
Table 2. List of Raw Material Suppliers in Value Chain:
Table 3. List of Manufacturers in Value Chain:
Table 4. Asia Pacific Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
Table 5. Asia Pacific Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 6. Asia Pacific Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 7. Australia Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 8. Australia Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 9. China Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 10. China Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 11. India Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 12. India Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 13. Japan Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 14. Japan Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 15. South Korea Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 16. South Korea Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 17. Rest of Asia Pacific Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 18. Rest of Asia Pacific Chlorine Market Revenue and Forecasts To 2030 (US$ Million) – End-Use Industry
Table 19. Company Positioning & Concentration

LIST OF FIGURES

Figure 1. Asia Pacific Chlorine Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem Analysis: Asia Pacific Chlorine Market
Figure 4. Asia Pacific Chlorine Market Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Chlorine Market Revenue (US$ Million), 2020 – 2030
Figure 6. Asia Pacific Chlorine Market Share (%) – Application, 2022 and 2030
Figure 7. Ethylene Dichloride/Polyvinylchloride Production Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Chloromethanes Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Isocyanates and Oxygenates Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Solvents Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Asia Pacific Chlorine Market Share (%) -End-Use Industry, 2022 and 2030
Figure 13. Water Treatment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Chemicals Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Pulp and Paper Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Plastics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Pharmaceuticals Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Asia Pacific Chlorine Market, By Key Country- Revenue 2022 (US$ Million)
Figure 20. Asia Pacific Chlorine Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 21. Australia Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. China Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. India Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Japan Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. South Korea Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Rest of Asia Pacific Chlorine Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Heat Map Analysis By Key Players

The List of Companies – Asia Pacific Chlorine Market

– Aditya Birla Chemicals India Ltd
– BASF SE
– Ercros SA
– Hanwha Solutions Corp
– INEOS Group Holdings SA
– Occidental Petroleum Corp
– Olin Corp
– Tata Chemicals Ltd
– Sumitomo Chemical Co Ltd

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