Chlorine Market Outlook By Application ,Region And Forecast 2024: Grand View Research Inc.
San Francisco, 5 December 2019: The Report Chlorine Market Size, Share & Trend Analysis Report By Application (EDC/PVC, Organic Chemicals, Inorganic Chemicals, Isocyanates), By Region, And Segment Forecasts, 2016 – 2024 The global chlorine market size is expected to reach USD 39.31 billion by 2024, according to a new report by Grand View Research, Inc. Chlorine serves as an important raw material in various chemical industries. It is also an essential ingredient for PVC production, which has observed increasing demand in construction, automotive, and packaging industries. These factors are anticipated to drive the global chlorine market. Increasing demand for chlorine across various industries for manufacturing intermediate products such as hydrochloric acid, chlorides, etc. is expected to be a key factor influencing the market growth. Price fluctuations due to uneven demand and supply particularly in Asia Pacific are expected to pose challenges to key indus