Return to: Business NewsWhy will Sales of Chlorine Rise in Asia-Pacific (APAC) in Future?The burgeoning usage of chlorine in water treatment facilities, on account of its ability to kill bacteria and pathogens, is one of the key factors fueling its growing demand across the world. Furthermore, the increasing public awareness regarding the various diseases caused because of the consumption of untreated water such as Hepatitis A, Hepatitis E, cholera, and typhoid, especially in developing nations such as Brazil, India, and Thailand is causing a steep rise in the demand for chlorine. Apart from being required for drinking and sanitation purposes, treated water is also needed in the agriculture sector, mainly for irrigation purposes and in swimming pools. In addition to this, the governments of many countries are increasingly implementing strict policies for regulating and monitoring the supply of safe, clean, and treated water. The soaring requirement of PVC (polyvinyl chloride) in various sectors such as healthcare, automobile, building and construction, and electronics is another important factor propelling the demand for chlorine across the world. Get a sample copy of this report: https://www.psmarketresearch.com/market-analysis/chlorine-market/report-sample Due to the above-mentioned factors, the value of the global chlorine market is predicted to increase from $36,845.0 million to $63,121.6 million from 2019 to 2030, exhibiting a CAGR of 5.2% from 2020 to 2030. Chlorine is widely used in the production of ethylene dichloride (EDC)/polyvinyl chloride (PVC), isocyanates and oxygenates, chloromethanes, solvents, and inorganic chemicals. Amongst these, the utilization of the compound is predicted to be the highest in EDC/PVC production in the future years. This is because of the fact that the compound is required in huge quantities in the chlorination process, required for the production of PVC/EDC. Globally, APAC held the largest revenue share in the chlorine market in 2019, and the trend is likely to continue during the forecast period. This is majorly attributed to the high-volume consumption of the compound in developing countries, such as China, India, and Thailand, for EDC/PVC production, water treatment applications, as well as increased demand from the pharmaceutical sec ... News Release: Why will Sales of Chlorine Rise in Asia-Pacific (APAC) in Future? Submitted on: July 29, 2020 08:41:37 AM Submitted by: Manish Baghel On behalf of: https://www.psmarketresearch.com/market-analysis/chlorine-market |