Europe Chlor-Alkali Market – Industry Trends and Forecast to 2030

Europe Chlor-Alkali Market, By Type (Caustic Soda Flakes, Caustic Soda Lye, Others), Product (Chlorine, Sodium Hydroxide and Potassium Hydroxide, Caustic Soda, Sodium Hypochlorite, Vinyl Chloride Monomer, Hydrogen Chloride, Others), Production Process (Membrane Cell Process, Diaphragm Cell Process and Mercury Cell Process), Distribution Channel (B2B/Direct Sales, Warehouses, E-Commerce, Specialty Stores, Others), End-User (Soaps and Detergents, Paper and Pulp, Pharmaceuticals, Organics, Inorganics, Textiles, Water Treatment, Chemical Processing, Others) – Industry Trends and Forecast to 2030.

 Europe Chlor-Alkali Market Analysis and Size

The chlor-alkali market has grown progressively owing to increasing demand for inorganic and organic chemicals and augmented manufacturing sector output. In this region, developing economies have mainly focused on delivering better opportunities for their citizens. This has directed them to formulate policies to surge foreign investments. Moreover, increasing sales of consumer goods such as textiles, glass products, soaps and detergents and the growing urban middle-class population are expected to enhance market growth.

Data Bridge Market Research analyses that the chlor-alkali market is expected to reach USD 3045.94 million by 2030, which is USD 1882.45 million in 2022, registering a CAGR of 6.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Europe Chlor-Alkali Market Scope and Segmentation

Market Definition

Chlor-alkali is a chemical process for producing sodium hydroxide and chlorine when electricity is passed through brine solution. The sodium hydroxide obtained from the process is used in manufacturing paper, soaps, and detergents, among others. The products obtained from the chlor-alkali process is been utilized in different industries such as oil and gas, pharmaceuticals, chemical processing and glass among others.

Europe Chlor-Alkali Market Dynamics

Drivers

• Growth and expansion of chemical industry

Chlor-alkali compounds including caustic soda, chlorine, and soda ash are important compounds in the chemical industry. These products are important raw materials in the bulk chemical market and are used in a various manufacturing and industrial value chains. The products are used in a variety of applications, including paper & pulp, plastics, alumina and others, and are employed in numerous end-use industries. As a result of this, favourable economic conditions and augmented chemical output in emerging markets are expected to propel the chlor-alkali industry forward.

• Rising application of Chlor-Alkali Derivatives in Water Treatment

As urbanization flourishes, so the demand for the wastewater treatment increases. Environmental and societal pressures have prompted households, industries, and agricultural stakeholders to decrease wastewater generation and systematically treat the same before discharge. According to UN-Water. 56% of household wastewater flows were safely treated globally in 2020, European nations are striving to rise to 100%, for which demand for efficient wastewater treatment systems is growing. Hence, the value of Chlor-alkali-based treatment is anticipated to surge during the forecast period.

Opportunities

• Increasing demand of chlor-alkali from end-use sectors

Chlorine is used in huge volumes in the production of vinyl. Chlorine and numerous downstream chemicals are utilized to manufacture polyvinyl chloride (PVC), the third-largest polymer globally. The construction industry usages polyvinyl chloride (PVC) to produce pipes, window frames, and other products. As a result of surging industrialization and urbanization, the augmented construction activities are expected to increase the demand for the product and increase market growth. Furthermore, due to their unique properties, the electronics and electrical industry extensively use polyvinyl chloride (PVC) tapes and cases. The increasing demand for electric vehicles is expected to rouse the consumption of PVC and thus bolster the growth of the market. Hence, the increasing demand for the product from end-use industries is likely to create lucrative opportunites fro the market growth.

Restraints/ Challenges

• Transportation and storage complications

For transportation and storage, chlorine must be changed into a liquid under pressure; even a minor puncture can result in death owing to numerous reasons. Major market players are constructing integrated chlor-alkali complexes to remove transportation and storage concerns. Thus, this factor will be the major for challenge for the growth rate.

• Negative Impact on Environment

One of the market's compelling factor is the environmental impact on chlor-alkali market. Chlorine is so harmful, as a result of this continuously monitored chlorine for discharge and leakage into the environment. The chlorinated organic compounds in pulp mill effluents and the prevalence of dioxin in pulp and paper products are major environmental issues. Chlorine derivatives also have adverse significances since they contribute to ozone layer depletion. Hence their use is prohibited in the market.

This chlor-alkali market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chlor-alkali market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Covid-19 Impact on Europe Chlor-Alkali Market

The outbreak of covid-19 had an adverse impact on the Europe chlor-alkali market. As a precaution, serval manufacturing activities have been halted. Disruptions in supply chain hit the chlor-alkali and other end-user sectors, with demand reducing by more than 5% in the mainstream of applications. Numerous development projects have been halted, resulting in a decline in demand for chlor-alkali.

On the brighter side, several chemical businesses in Europe are highly focusing on ost management, operational efficiency, and asset optimization to decrease the impact. Long-term opportunities, such as examining customer buying behaviour patterns, emerging applications, investing in innovations, and adopting new business models that help generate continued development, are also being pursued by major companies.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In 2021, AGC Inc. passed a resolution to reorganize and integrate its three consolidated subsidiary companies, AGC Chemicals Vietnam Co., Ltd, AGC Chemicals (Thailand) Co., Ltd and Vinythai Public Company Limited,  to form a new company that will promote the business of Chlor-alkali services and products in Cambodia and Thailand, Laos, Vietnam and Myanmar, markets, with aim completion by the first half of 2022.
• In 2021, Olin Corporation agreed to sell and purchase chlorine formed at ASHTA Chemicals, Inc.'s Ashtabula, Ohio facility. Both businesses' chlorine clients will have their existing contracts honored.

Europe Chlor-Alkali Market Scope

The chlor-alkali market is segmented on the basis type, product, production process, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Caustic Soda Flakes
• Caustic Soda Lye
• Others

Product

• Chlorine
• Sodium Hydroxide and Potassium Hydroxide
• Caustic Soda
• Sodium Hypochlorite
• Vinyl Chloride Monomer
• Hydrogen Chloride
• Others

Production Process

• Membrane Cell Process
• Diaphragm Cell Process
• Mercury Cell Process

Distribution Channel

• B2B/Direct Sales
• Warehouses
• E-Commerce
• Specialty Stores
• Others

End-User

• Soaps and Detergents
• Paper and Pulp
• Pharmaceuticals
• Organics
• Inorganics
• Textiles
• Water Treatment
• Chemical Processing
• Others

Chlor-Alkali Market Regional Analysis/Insights

The chlor-alkali market is analyzed and market size insights and trends are provided by country, type, product, production process, distribution channel and end-user as referenced above.

The countries covered in the chlor-alkali market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Germany is expected to dominate the chlor-alkali in terms of revenue growth and market share. The market growth is attributed to the increasing usage of chlor-alkali in textiles market in this region.

 The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Chlor-Alkali Market Share Analysis

The chlor-alkali market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chlor-alkali market.

Some of the major players operating in the chlor-alkali market are:

• Olin Corporation (U.S.)
• Westlake Corporation (U.S.)
• Tata Chemicals Ltd (India)
• Occidental Petroleum Corporation (U.S.)
• Formosa Plastics Corporation (Taiwan)
• Solvay (Belgium)
• Tosoh Corporation (Japan)
• Hanwha Solutions Corporation (South Korea)
• Nirma Limited (India)
• AGC, Inc. (Japan)
• Dow (U.S.)
• Xinjiang Zhongtai Chemical Co. Ltd. (China)
• INOVYN (U.K.)
• Ciner Resources Corporation (U.S.)
• Wanhua-Borsodchem (Hungary)