Stratview Research announces the launch of a new research report on the Chlorine Dioxide Market is Segmented by Application Type (Food & Beverages, Medical, Pulp & Paper Processing, Oil & Gas, Industrial Water Treatment, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Market Insights
The chlorine dioxide market was valued at USD 934 million in 2021 and is likely to grow at a CAGR of 6.4% during 2022-2028 to reach USD 1448.66 million in 2028.
What is chlorine dioxide?
Chlorine dioxide is a volatile, strong, and small chemical compound (molecule), which consists of two oxygen atoms and one chlorine atom, in its composition. It is abbreviated as ClO2 and is widely used for bleaching and water treatment. In addition, it is also used in end-use industries such as oil & gas and food & beverages for various anti-microbial activities.
Market Dynamics
Over the years, chlorine dioxide has been broadly used for various antimicrobial roles, such as drinking water disinfection. Of late, the market for chlorine dioxide has grown exponentially due to its rising demand in the oil & gas domain and due to its increasing application in the treatment of industrial wastewater.
In recent years, chlorine dioxide has become largely used chlorine alternative primarily for water treatment solutions. It has a number of benefits, including good efficiency at high pH, resistance to the effects of ammonia, and majorly support as compared to chlorine w.r.t the systems that are very vulnerable to a high level of organic contamination.
As chlorine dioxide is a selective oxidizer, it has the capability to control the micro-organisms in water, even at very low dosages, which makes it a cost-effective solution. Therefore, there is a high demand for chlorine dioxide in the market.
Report Features
The report delivers a detailed view of the industry based on global Chlorine Dioxide Market size, market growth, and opportunities. The report also analyses market key aspects such as-
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Covid-19 Impact analysis.
- Market environment analysis: Growth drivers and constraints, and SWOT analysis.
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
· Strategic growth opportunities for the existing and new players
Regional Insights:
In terms of regions, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the world. Among these regions, Asia-Pacific is expected to account for the largest share throughout the forecast period. In recent years, a number of industries and factories (medical, manufacturing, food processing, oil & gas, etc.) have set up their locations in the Asian region, primarily due to the availability of cheap labor and low prices of raw materials. This has simultaneously resulted in increasing water pollution in the area. This is the major reason for the dominance of the Asia-Pacific region in the overall market.
According to the report, the key players in the market are –
- Accepta Water Treatment
- Bio-Cide International, Inc.
- CDG Environmental
- Ecolab
- Evoqua Water Technologies LLC
- Grundfos Holding A/S
- ProMinent
- Scotmas Limited
- TECME SRL
- The Sabre Companies LLC.
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