Latest research report on "Chlor-Alkali Market by Type (Caustic Soda (Alumina, Chemicals, Textiles, Soaps & Detergents), Chlorine (EDC/PVC, Isocyanates, Propylene Oxide, C1/C2 Aromatics), Soda Ash (Glass, Water Treatment, Metallurgy, Pulp & Paper)), Region - Global Forecast to 2026" now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis.

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The application of the Chlor-alkali products are majority diverse in nature and are employed in various end-use industries. The rapid growth of the chemical industry across the globe and rising demand for water and wastewater treatment are predicted to drive the market growth during the estimated period. Therefore, The global Chlor-alkali market is predicted to reach from $63.2 billion in 2021 to $77.4 billion at the highest CAGR of 4.1% in 2026.

The Chlor-alkali process is energy intensive and also electricity accounts for about 40-50% of production cost. Rise from emerging countries and steady recovery of the automotive sector are opportunities in the Chlor-alkali market. The major chlor-alkali products are chlorine, caustic soda, and soda ash. The main technologies employed in the Chlor-alkali process are membrane cell, diaphragm cell, and mercury cell for the production of chlorine and caustic soda. Chlorine and caustic soda are produced by the electrolysis of the aqueous solution of sodium chloride (common salt or NaCl). Soda ash is produced by the extraction and refining of trona ore (natural) and also through the Solvay process (synthetic).

Prominent players operating in the market are Tata Chemicals Limited (India), Formosa Plastics Corporation (Taiwan), Tosoh Corporation (Japan), Hanwha Solutions Corporation (South Korea), Nirma Limited (India), AGC, Inc. (Japan), Xinjiang Zhongtai Chemical Co. Ltd. (China), and others.

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The break-up of primary interviews is given below:
● By Company Type - Tier 1 – 52%, Tier 2 – 26%, and Tier 3 – 22%
● By Designation – C level – 48%, Director level – 23%, and Others* – 29%
● By Region – North America– 21%, Europe – 25%, APAC – 44%, and Others**- 10%

Scope of the report:
- The report provides the market share, new developments, and product pipeline analysis, impact of domestic and localized market players.
- The report provides a detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, expansions, new product developments, acquisition, and recent developments associated with the market.
- The report provides the best market opportunities and fosters efficient information for your business to thrive in the market.

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