Share:
The global chlorine market is predicted to witness a 5.2% CAGR during the forecast period by P&S Intelligence.
The global chlorine market is predicted to reach $63,121.6 million by 2030, from $36,845.0 million in 2019, at a 5.2% CAGR between 2020 and 2030. The primary driving factor for the industry is the increasing consumption of this material for the treatment of water, as the awareness about the presence of germs and other toxic compounds in polluted water and the dangers of consuming it is rising.
Due to the ability of chlorine to disinfect the water by deactivating or killing bacteria and other pathogens, it is used in heavy amounts at water treatment plants. Another related factor helping the chlorine market advance is the heavy consumption of the material in swimming pools, in order to reduce the risk of cholera, typhoid, Hepatitis E, and Hepatitis A. The number of personal as well as public swimming pools is rising in the Latin American and Asia-Pacific (APAC) regi
Oil & Gas: Downstream & Midstream - The Wall Street Transcript
twst.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from twst.com Daily Mail and Mail on Sunday newspapers.
Occidental Petroleum, Kinder Morgan: Your Daily Energy News
industrialinfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from industrialinfo.com Daily Mail and Mail on Sunday newspapers.
Share this article
PORTLAND, Ore., Feb. 23, 2021 /PRNewswire/ Allied Market Research published a report, titled, Sodium Silicate Market by Form (Crystalline and Anhydrous), Type (Liquid and Solid), Grade (Neutral and Alkaline), Application (Paints, Adhesives, Refractories Tube Winding, Detergent, Catalyst, and Others), and End Use (Pulp & Paper, Construction, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global sodium silicate industry garnered $7.2 billion in 2019, and is expected to generate $9.2 billion by 2027, witnessing a CAGR of 3.7% from 2020 to 2027.
Drivers, restraints, and opportunities
Surge in demand for manufacturing detergents, soaps, rubbers, and tires and increased demand from the pulp & paper industry drive the growth of the global sodium silicate market. However, hazardous nature of sodium silicate and availability of substitutes hinder the market growth. On the other hand, increase in
Occidental Petroleum takes 6th straight loss
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.