PRN: Global Chlorine Market 2017-2021 with Akzo Nobel, Hanwha, Occidental, Olin & Westlake Chemical Dominating

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Global Chlorine Market 2017-2021 with Akzo Nobel, Hanwha, Occidental, Olin & Westlake Chemical Dominating

 
[21-September-2017]
 

DUBLIN, September 21, 2017 /PRNewswire/ --

The "Global Chlorine Market 2017-2021" report has been added to Research and Markets' offering.

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The global chlorine market to grow at a CAGR of 4.70% during the period 2017-2021.

Global Chlorine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is market consolidation through M&As. M&As in the global chlorine market is expected to continue or build on its strong run during the forecast period as both strategic and private equity buyers seek opportunities. Market factors that are driving this activity are strong corporate balance sheets, readily available financing at attractive rates, and underpinning high deal valuations.

According to the report, one driver in the market is growing uses in the pharmaceutical industry. It is estimated that chlorine chemistry is crucial to the manufacture of more than 70% of the prescriptions that were sold by the pharmaceutical industry in the global market. Drugs containing chlorine are used to treat numerous medical conditions and diseases, including high cholesterol, cancer, diabetes, stomach ulcers, depression, anemia, high blood pressure, asthma, epilepsy, and inflammation. Chlorine is used in the final step of drug formulation of approximately 25% of medicines. In other cases, chlorine plays a supporting role in the synthesis of drugs.

Further, the report states that one challenge in the market is logistic problems related to hazardous chemicals. Safe transportation of hazardous chemicals such as chlorine, across the globe, is one of the biggest concerns. A lucrative growth in the chemical industry has led to an increase in the safety concerns of chemical logistics owing to the steep increase witnessed by freight traffic.

Key vendors

  • Akzo Nobel
  • Hanwha Corporation
  • Occidental Petroleum
  • Olin Corporation
  • Westlake Chemical

Other prominent vendors

  • BASF
  • Formosa Plastics
  • Packed Chlorine
  • Tata Chemicals

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/c642qx/global_chlorine

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