United States Chlorine Market Is Anticipated To Witness High Growth Owing To Rising Demand For Polyvinyl Chloride

 

The United States chlorine market is primarily engaged in the manufacturing, distribution, and sale of chlorine, caustic soda, and other alkali and chlorine products. Chlorine is used as a disinfectant and a bleaching agent in swimming pools, water treatment, and paper manufacturing. It is also used in the production of polyvinyl chloride (PVC), which has applications in high-volume products such as pipes for water supply, sewerage, and drainage. The growing demand for PVC from the construction industry for activities such as piping, siding, and roofing is expected to positively influence the demand for chlorine in the country over the forecast period.

The United States chlorine market is estimated to be valued at US$ 2.70 Bn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the United States chlorine market are Olin Corporation, Occidental Petroleum Corporation, Westlake Corporation, Hydrite Chemical Co., Air Liquide USA Inc., ERCO Worldwide, Formosa Plastics Corporation, Georgia Gulf Corporation, Kuehne Chemical Corporation, and Titanium Metals Corporation. Majority of these players are involved in production and supply of chlorine, caustic soda, and other alkali and chlorine products to various end-use industries in the country.

The United States chlorine market provides ample growth opportunities, primarily driven by rising demand for chlorine from water treatment facilities, rising usage of PVC in construction activities, and growth of the paper industry. However, the market players need to comply with stringent environmental regulations regarding air emissions from chlorine production plants.

Regional expansion is one of the key strategies adopted by the major players in the United States chlorine market. For instance, Olin Corporation expanded its manufacturing facility in McIntosh, Alabama in 2021 to increase its chloralkali production capacity. Westlake Chemical Corporation also expanded its ethylene dichloride and PVC production facilities in Louisiana in 2022. Such expansion strategies are helping the players strengthen their presence across different states.

Market Drivers:

- Growing construction industry in the US: Rising residential & commercial construction activities have increased the demand for PVC from piping, windows & doors, which requires chlorine for manufacturing.

Market restraints:

- Stringent environmental regulations: Production of chlorine involves emission of mercury and other toxic substances, stringent EPA norms increase compliance cost for producers.

Segment Analysis

Water Treatment Chlorine is the dominating sub-segment in the United States Chlorine Market, accounting for over 40% share. Chlorine is widely used as a disinfectant in municipal and industrial water treatment processes to control waterborne diseases. Being an inexpensive and effective disinfectant, chlorine kills or inactivates a variety of disease-causing microorganisms in water. This makes water treatment a highly lucrative application area for chlorine.

Polyvinyl Chloride (PVC) Production is another major sub-segment. PVC is one of the most widely used plastics in the United States due to its durability and versatility. Chlorine serves as the key building block and reactant chemical for PVC production. Around 35% of total chlorine demand comes from PVC manufacturing. This sub-segment is expected to grow at a higher rate during the forecast period driven by expansion of the construction industry.

Global Analysis

The South region accounts for around 35% share in the United States Chlorine Market and has been the historic demand center. The region is home to a majority of the nation's water treatment facilities as well as PVC and organic chemical manufacturing plants. This makes the South region highly dependent on chlorine. Going forward, the Southeastern states are likely to witness greater investments in their industrial infrastructure, supporting market growth.

The Western region registers highest consumption CAGR due to rapidly increasing population in states such as California, Arizona and Texas. The expanding residential and commercial real estate sector is translating to new construction activities and augmenting chlorine demand from PVC and other applications. Furthermore, significant investments in municipal water infrastructure are broadening growth avenues in the Western region.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Get more insights on this topic: https://www.newsanalyticspro.com/united-states-chlorine-market-driven-by-rising-demand-from-water-treatment-industry-2/

 

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

 

What Are The Key Data Covered In This United States Chlorine  Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the United States Chlorine 's growth between 2024 and 2031.

:- Accurate calculation of the size of the United States Chlorine  and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- United States Chlorine  Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of United States Chlorine  vendors

FAQ’s

Q.1 What are the main factors influencing the United States Chlorine ?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top United States Chlorine  companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the United States Chlorine ’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

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