Infinium Global Research Chlor-Alkali Market | Page 2

Global Chlor-Alkali Market: Trends and Forecast -2023
INTRODUCTION
REPORT DESCRIPTION
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 aluminium, cleaning agents, food, soap, textiles, and some
others.
As per the report, the global Chlor-Alkali market was worth USD 90.92 million in 2017. The
global market is expected to grow at a CAGR of 5.0% over the forecast period of 2017 – 2023
to surpass USD 127.46 million. In terms of volume the global Chlor-Alkali market is expected to
surpass 291797.2 kilo tons in 2023 growing from 227919.7 kilo tons in 2017, expanding at a
CAGR of 3.6% over the forecast period 2017-2023.
This report estimates the market size of Chlor-Alkali in terms of value (USD Million) and
volume (Kilo Tons) over the period of 2017 to 2023. The year 2015are considered being base
years, and 2017 to 2023 is considered to be a forecast period.The historic data for 2013 and
2014 is also referred to while estimating and arriving at the market values for regional and
global market sizes of Chlor-Alkali. The market sizes for Chlor-Alkali by Products, by application
and by regions are estimated in terms of value and volume. This market research study
provides detailed qualitative and quantitative analyses of the global Chlor-Alkali market.
Additionally, the report provides a comprehensive review of the major market drivers,
restraints, opportunities in the global as well as regional markets of Chlor-Alkali. The market
analysis covers major geographic regions, such as North America, Europe, Asia-Pacific, and,
Rest of the World (RoW). The market size and forecasts are also given for these regions.
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