
Published On: Oct 2023
Published On: Oct 2023
According to Business Market Insights research, the Middle East & Africa chlorine market was valued at US$ 829.08 million in 2023 and is expected to reach US$ 1,017.84 million by 2030, registering a CAGR of 3.0% from 2023 to 2030. Growing demand from water and wastewater treatment industry and flourishment of PVC manufacturing industry attributed to the Middle East & Africa chlorine market expansion.
The development of greener chlorine production methods is a significant step toward addressing environmental concerns and promoting sustainability in the chemical industry. Traditionally, chlorine has been produced through the chlor-alkali process, which involves the electrolysis of brine (sodium chloride solution). While effective, this process involves mercury and uses vast amounts of electrical energy, which could leave a considerable amount of carbon footprint. Researchers and industry players have been actively working on greener chlorine production in response to these challenging methods. Membrane cell and solid oxide technologies show promise in reducing energy consumption and greenhouse gas emissions during chlorine production. These technologies improve the overall efficiency of the electrolysis process, leading to lower energy requirements and reduced environmental impact. Moreover, advancements in catalysts are contributing to greener chlorine production. Efficient catalysts can enhance the selectivity and performance of the electrolysis process, leading to higher yields of chlorine with reduced energy consumption. Researchers are continuously working to identify and optimize catalyst materials to make chlorine production sustainable. Manufacturers of chlorine, such as Covestro AG and Nobiuse, use sustainable manufacturing practices to produce chlorine. Covestro AG uses oxygen depolarized cathode to manufacture chlorine, which requires up to 25% less electricity than conventional processes. Using electricity generated from renewable sources such as solar, wind, or hydropower can significantly reduce the carbon footprint associated with chlorine production. Renewable energy-driven electrolysis minimizes greenhouse gas emissions and reduces dependence on fossil fuels, making the entire chlorine production process environmentally friendly. Thus, the development of greener chlorine production methods is driven by the commitment to environmental sustainability and the desire to reduce the environmental footprint of chemical processes. These efforts aim to improve chlorine production's environmental profile and contribute to the broader goal of transitioning toward a sustainable and circular economy. As these greener methods continue to advance and gain traction, they have the potential to reshape the chlorine industry and foster a sustainable future for chemical production. All these factors will drive the Middle East & Africa chlorine market growth during the forecast period.
On the contrary, stringent government regulations for environment protection hampers the Middle East & Africa chlorine market.
Based on application, the Middle East & Africa chlorine market is segmented into ethylene dichloride/polyvinylchloride production, chloromethanes, isocyanates and oxygenates, solvents and others. The ethylene dichloride/polyvinylchloride production segment held 33.8% share of Middle East & Africa chlorine market in 2023, amassing US$ 280.05 million. It is projected to garner US$ 355.98 million by 2030 to expand at 3.5% CAGR during 2023–2030.
Based on end-use industry, the Middle East & Africa chlorine market is segmented into water treatment, chemicals, pulp and paper, plastics, pharmaceuticals, and others. The chemicals segment held 32.0% share of Middle East & Africa chlorine market in 2023 and amassing US$ 274.61 million. It is projected to garner US$ 341.36 million by 2030 to expand at 3.2% CAGR during 2023–2030.
Based on country, the Middle East & Africa chlorine market has been categorized into the South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Rest of Middle East & Africa captured 41.5% share of Middle East & Africa chlorine market in 2023. It was assessed at US$ 344.20 million in 2023 and is likely to hit US$ 414.41 million by 2030, exhibiting a CAGR of 2.7% during the 2023–2030.
Key players operating in the Middle East & Africa chlorine market Aditya Birla Chemicals India Ltd, BASF SE, Ercros SA, Hanwha Solutions Corp, INEOS Group Holdings SA, Occidental Petroleum Corp, Tata Chemicals Ltd, and Sumitomo Chemical Co Ltd.
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