During the forecast period, the chlorinating agents market is expected to grow at a CAGR of 4.3%. The market value is predicted to rise from US$ 72 million in 2021 to US$ 96.5 million by 2032. Chlorinating Agents market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.
Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Chlorinating Agents market.
Chlorinating Agents Market: Introduction
Chlorinating agents are those chemical reagents that can be used to add chlorine atoms to other chemicals. It might be organic or inorganic chemicals. Organic and Inorganic chlorinating agents are not compatible with each other when they are added without cleaning or one product is added after the other. When both organic and inorganic chlorinating agents are mixed and cross-contamination occurs, they can form an explosive combination, which is hazardous for the environment as well as inhabitants.
Some of the examples of the organic chlorinating agents are calcium hypochlorite, sodium hypochlorite, Thionyl Chloride, among many others, whereas the example of inorganic chlorinating agents is Trichloroisocyanuric Acid, Sodium Dichloroisocyanurate, etc.
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Furthermore, chlorinating agents are used for various application in the various end-use industries. Chlorinating agents are used for water disinfection, as a food additive, reagent, and antioxidant among others in the numerous end-use industries such as pharmaceutical, water and wastewater treatment, food and beverages industry, etc.
Chlorinating Agents Market: Dynamics
Globally, the chlorinating agents market is estimated to be driven significantly owing to strong demand from end-use industries such as water and wastewater treatment, food and beverages, pharmaceutical, and paper industry. Across the globe, pharmaceutical industries are projected to drive consumption of chlorinating agents in the upcoming years in line with increasing product innovation and development, thus creating significant growth opportunities.
Moreover, increasing demand for food preservatives is bound to result in prominent growth for chlorinating agents market during the forecast period. Chlorinating agents are widely used in treatment of potable water and facilities such as swimming pools. The need for safe and disinfected water supply for drinking and other uses is a major driver for the consumption of chlorinating agents and is projected to help market growth.
However, the downturn in the economies of the various regions and hazardous effect related to over-exposure of chlorinating agents are expected to restrain the global chlorinating agents market in the upcoming years
Chlorinating Agents Market: Market participants
Some of the key market players involved in the Chlorinating agents market are:
- BASF SE
- The Dow Chemical Company
- DIC Corporation
- AGC Chemicals
- Heetu Chemicals & Alkalies Ltd.
- Acuro Organics Limited
- Organics Industries Pvt. Ltd.
- TGV Group
- Lords Chloro Alkali Limited
- Aditya Birla Chemicals
- Lantai Industry
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The research report on Chlorinating agents presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Chlorinating agents report also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.Chlorinating Agents Market: Segmentation
Global Chlorinating agents market can be segmented on the basis of product type, application, end-use industry, and region.
On the basis of product type, the chlorinating agents market is segmented into:
- Calcium Hypochlorite
- Lithium Hypochlorite
- Sodium Hypochlorite
- Trichloroisocyanuric Acid
- Potassium Dichloroisocyanurate
- Sodium Dichlorocyanurate
On the basis of application, the Chlorinating agents market is segmented into:
- Medical Application
- Biological Activity
- Food Additive
Based on the end-use industry, the Chlorinating agents market is segmented into:
- Cosmetics and Personal Care
- Water and Wastewater Treatment
- Ink and Dye
- Food and Feed Industry
- Electronic Industry
- Paper Industry
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and geographies.