Infinium Global Research Chlor-Alkali Market -IGR | Page 2

Infinium Global Research has added a new report on Global Chlor-Alkali Market. The report predicts the market size of Chlor-Alkali is expected to reach XX billion by 2023. The global chlor-alkali market is projected to growing at a CAGR between 5.3% and 5.9% from 2017 to 2023. The chlor-alkali process is an electrolytic process by which chlorine and alkali are produced from a salt solution. Diaphragm cell process, mercury cell process and membrane cell process are the three types of technologies utilized for chlor-alkali process. Caustic soda (sodium hydroxide), muriatic acid, and potassium hydroxide are the major alkalis’ produced during this process. Usually seawater is used as the brine solution. If potassium brine is used, the alkali obtained by the process will be potassium hydroxide. Chlorine is a major chemical building block in various industries and it accounts for major portion of overall chlor-alkali demand. Chlorine finds major application in the EDC/PVC industry. Moreover, caustic soda finds applications in industries such as aluminum, cleaning agents, food, soap, textiles, and some others. Market Insights The consistent global demand for alumina, pulp and paper, vinyls and other derivatives provide positive growth opportunities for chlor-alkali market. Furthermore, heavy investments in alumina industry are expected to provide growth opportunities for chlor-alkali market, as caustic soda is a major raw Infinium Global Research