North America Chlor-Alkali Market
- Report Code: CH 1003
- Publish Date: Upcoming
Chlor-alkali is an industrial process that is primarily used for the electrolysis of sodium chloride. This procedure of electrolysis helps in the production of chlorine and sodium hydroxide, also commonly known as caustic soda. Mainly, this process is conducted on the brine, which is an aqueous solution of sodium chloride, and they tend to have high energy consumption. The North America Chlor-Alkali market report highlights recent market trends and market dynamics, such as drivers, restraints, and upcoming opportunities. This report also estimates the market size, and forecasts the market revenue of major companies thriving in the chlor-alkali industry. Deep dive analysis of key market players is also considered in this report.
North America is one of the most significant regions, wherein the chlor-alkali market is expected to undergo rapid progression. The North American Chlor-Alkali market is governed by numerous factors, such as high growth observed in the end-user segments (especially chemical industries) of this market, and existing high production capacities of chlor-alkali products. Increase in the production capacity results in delivering more flexibility to the manufacturers of these chemical compounds, thereby rising overall demand of chlor-alkali products in the market. Another essential factor influencing the North American chlor-alkali market is its growth in varied organic and inorganic applications. Apart from factors affecting the market demand, there are certain factors hampering the market demand, such as environmental impact and energy intensive operations that act as major market inhibitors.
The North American chlor-alkali market is segmented on the basis of geography, type, and application. According to type, the market is classified into caustic soda, chlorine, and sodium carbonate. With respect to application, this market is segmented into chemical manufacturing, pulp & papers, detergent & soaps, food products, and water treatment. Prominent companies in this market include Aditya Birla Limited, AkzoNovel N.V., Asahi Glass Company Ltd., Asahi Kasei Group, Bayer AG, Bayer – Material Science, Canexus Corporation, Ciech SA, Dow Chemical, FMC Corporation, Formosa Plastics Group, Gujarat Alkalies Chemicals, and INEOS ChlorVinyls Limited among others.
The North American Chlor-Alkali report analyzes the market with respect to a wide range of factors, including market segments, major geographies, and current market trends. It also lays emphasis on the recent growth strategies adopted by key market players, in addition to product portfolio, growth strategies, company financials, and recent developments.
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