At 3.9% CAGR, the Europe Chlorine Market is projected to be worth US$ 5,117.24 million by 2030, says Business Market Insights

According to Business Market Insights research, the Europe chlorine market was valued at US$ 3,903.28 million in 2023 and is expected to reach US$ 5,117.24 million by 2030, registering a CAGR of 3.9% from 2023 to 2030. Growing demand from water and wastewater treatment industry and flourishment of PVC manufacturing industry attributed to the Europe chlorine market expansion.     

Polyvinyl chloride (PVC) is one of the most widely used synthetic polymers globally and finds applications in various sectors, including construction, automotive, electrical, packaging, and healthcare. The production of PVC involves the polymerization of vinyl chloride monomers, and chlorine is a key raw material in this chemical process. The construction and infrastructure development activities are increasing substantially. PVC pipes, fittings, and profiles are extensively used in construction due to their durability, cost-effectiveness, and versatility. As urbanization continues to accelerate in many parts of the world, the demand for PVC-based construction materials rises in tandem, leading to a higher need for chlorine to meet the polymerization requirements.

According to the European Council of Vinyl Manufacturers, PVC is the third-most-produced plastic in the world, after polyethylene and polypropylene. Approximately 70% of all PVC produced in Europe is used for flooring, windows, pipes, roofing membranes, and other building products. PVC's lightweight nature, ease of processing, and cost-efficiency have made it a preferred choice for manufacturing automotive parts such as dashboards, door panels, and wiring covers. Therefore, the growth of the automotive sector propels the demand for PVC, which bolsters the requirement for chlorine as a raw material in PVC production. PVC films and sheets are widely used in packaging applications, particularly for food and pharmaceutical products. With the increasing demand for packaging goods and the growing focus on hygiene and product safety, the demand for PVC-based packaging materials has soared, further contributing to the chlorine demand from the PVC industry. In the electrical sector, PVC cables and wires are extensively used for electrical insulation due to their excellent electrical properties and fire-retardant characteristics. As the demand for electricity and electrical infrastructure continues to rise, the need for PVC-based electrical materials propels, consequently bolstering the chlorine demand. Thus, since PVC remains a preferred material in construction, automotive, packaging, and electrical applications, the need for chlorine in the polymerization process remains strong.

On the contrary, stringent government regulations for environment protection hampers the Europe Chlorine Market.  

Based on application, the Europe chlorine market is segmented into ethylene dichloride/polyvinylchloride production, chloromethanes, isocyanates and oxygenates, solvents and others. The ethylene dichloride/polyvinylchloride production segment held 33.1% share of Europe chlorine market in 2023, amassing US$ 1,292.45 million. It is projected to garner US$ 1,702.44 million by 2030 to expand at 4.0% CAGR during 2023–2030. 

Based on end-use industry, the Europe chlorine market is segmented into water treatment, chemicals, pulp and paper, plastics, pharmaceuticals, and others. The plastics segment held 29.3% share of Europe chlorine market in 2023, amassing US$ 1,143.71 million. It is projected to garner US$ 1,521.31 million by 2030 to expand at 4.2% CAGR during 2023–2030.

Based on country, the Europe chlorine market has been categorized into the Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 31.2% share of Europe chlorine market in 2023. It was assessed at US$ 1,218.62 million in 2023 and is likely to hit US$ 1,557.91 million by 2030, exhibiting a CAGR of 3.6% during the 2023–2030.      

Key players operating in the Europe chlorine market Aditya Birla Chemicals India Ltd; BASF SE; Ercros SA; Hanwha Solutions Corp; INEOS Group Holdings SA; Occidental Petroleum Corp; Tata Chemicals Ltd; Vynova Belgium NV; and Sumitomo Chemical Co Ltd.

• OxyChem, the chemical subsidiary of Occidental Petroleum Corp, has considered a US$ 1.1 billion manufacturing overhaul and expansion project. The commercial operations of the facility would begin by the second quarter of 2026.
• The Dow Chemical Company and Olin Corp announced that the boards of directors of both companies unanimously approved a definitive agreement under which the Dow Chemical Company will separate a significant portion of its chlorine value chain and merge that new entity with Olin Corp in a transaction that will create an industry leader.

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