Global Chlorine Dioxide Market Size To Surpass USD 1525.87 Million By 2030 | CAGR 5.4 %
Category: Advanced MaterialsGlobal Chlorine Dioxide Market Size To Worth USD 1525.87 Million By 2030
According to a research report published by Spherical Insights & Consulting, the Global Chlorine Dioxide Market Size to grow from USD 950.50 million in 2021 to USD 1525.87 million by 2030, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period.
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Chlorine dioxide is widely used in elemental chlorine-free (ECF) bleaching for wood pulp in the paper sector, as a pre-oxidant in water treatment, and in fumigant treatment for the cleanliness of fruits and poultry, which is the main factor driving the market revenue growth.
Browse 43 market data Tables and 58 Figures spread through 210 Pages and in-depth TOC on “Global Chlorine Dioxide Market Size, Share, and COVID-19 Impact Analysis By Product (Electrolytic Method and Chemical Method), By Application (Drinking Water, Waste Water, Swimming Water, Cooling Water and Others) and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2021 – 2030.” View a detailed Table of Content here– https://www.sphericalinsights.com/table-of-contents/chlorine-dioxide-market
On credit portfolios, the COVID-121.9 epidemic has had a negative effect. The enormous growth has hampered the solvency of customers and business in unemployment and interruption of economic activity. Central banks have adopted a proactive strategy of injecting money into the market by decreasing interest rates and implementing asset purchase programs. With persistent geopolitical tensions, global trade battles, and sporadic hurricanes and earthquakes, managing and monitoring credit, market, liquidity, and operational risk across financial markets was challenging enough. Chief risk officers and their teams have had to reevaluate outdated methods and assumptions used to manage and monitor risk due to the present pandemic crisis. The global repercussions of COVID-19 have demonstrated the significance of interconnection in international cooperation. As a result, many governments have been hurrying to find, assess, and buy trustworthy AI-powered solutions.
The Chemical Method segment to account for the largest market size during the forecast period
Based on the product, the Chlorine Dioxide Market is categorized into Electrolytic Method and Chemical Method. The Chemical Method segment to account for the largest market size during the forecast period. Throughout the forecast period, the Chemical Method segment is anticipated to maintain its leading position due to stopping its ferocious breakdown mechanism and stopping it from becoming gaseous. This process is more effective since it produces chlorine dioxide with a high chlorite conversion yield and is entirely chlorine-free. The key advantages of the method are its simplicity and ability to be applied everywhere by avoiding any explosive dangers associated with the lack of elemental chlorine generation. The method is also applied in industrial preparation to lessen exposure to chloride ions, which are dangerous to human health due to their high reactivity.
The Waste Water segment to hold a higher CAGR during the forecast period.
Based on the application, the Chlorine Dioxide Market is categorized Drinking Water, Waste Water, Swimming Water, Cooling Water and Others. The Waste Water segment to hold a higher CAGR during the forecast period. Throughout the forecast period, the Waste Water segment is anticipated to maintain its leading position while expanding at the fastest CAGR because of its wide-range microbiocide capabilities. Chlorine dioxide is a great choice for wastewater treatment since it is inert to ammonia and the majority of nitrogen-containing chemicals. Additionally, it is useful for efficiently oxidising complexes of iron and manganese. Additionally, it is a risk-free, environmentally friendly technique of disinfection that doesn't produce dangerous chlorinated by-products. Due to its selective activity, which prevents reactions with inert compounds, it may be used at much lower dosage rates, which boosts demand and helps the market's revenue growth.
Asia Pacific to hold a higher CAGR during the forecast period.
The Global Chlorine Dioxide Market has been segmented into five major regions: North America, Europe, Asia-Pacific, South America, The Middle East and Africa. North America is estimated to account for the highest market share in 2022. The demand for Chlorine Dioxide is being driven by the rising acceptance by the market. The market for Chlorine Dioxide was dominated by the North America region this is explained by the primary driver of the market revenue growth in this area is the rising usage of chlorine dioxide in the pharmaceutical industry and hospitals. Chlorine dioxide is commonly used in hospitals to disinfect and provide safe drinking water because of its antibacterial qualities. Additionally, it is anticipated that its usage in cleaning and improving indoor air quality by lowering the levels of bacteria and fungus in the rooms would help the region's market revenue develop.
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Major vendors in the Global Chlorine Dioxide Market : Iotronic, Bio-Cide International,
Dioxide Pacific, Lakeside Water, VASU CHEMICALS, HES Water Engineers, Shanda Wit, Huayuan Chlorine Dioxide Generator, Nanjing Shuifu, OTH, Jinan Ourui industrial, Beijing Delianda, Rotek, Nanjing xingke Water Treatment, Fujian HADA Intelligence Technology, and Lvsiyuan.
Key Target Audience
- Market Players
- Investors
- Applications
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Some of the Key Developments:
- In June 2022, The need for cutting-edge water treatment solutions in the area is continuing to rise, and Evoqua Water Technologies, a pioneer in mission-critical water treatment systems, recently celebrated the launch of a new production plant in Singapore.
- In February 2022, As part of the company's ongoing commitment to integrating sustainability performance into its business strategy, Evoqua Water Technologies, a pioneer in mission-critical water treatment solutions, announced that it had activated the sustainability-linked adjustment feature available under its USD 350 million revolving credit facility.
Market Segment
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Chlorine Dioxide Market based on the below-mentioned segments:
Global Chlorine Dioxide Market, By Product
- Electrolytic Method
- Chemical Method
Global Chlorine Dioxide Market, By Application
- Drinking Water
- Waste Water
- Swimming Water
- Cooling Water
- Others
Global Chlorine Dioxide Market, Regional Analysis
North America
- US
- Canada
- Mexico
Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
South America
- Brazil
- Argentina
- Rest of South America
Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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Frequently Asked Questions (FAQ)
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What is the market size of the Chlorine Dioxide market?As per Spherical Insights, the size of the Chlorine Dioxide market was valued at USD 950.50 million in 2022 to USD 1525.87 million by 2030.
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What is the market growth rate of the Chlorine Dioxide market?The Chlorine Dioxide market is growing at a CAGR of 5.4% from 2022 to 2030.
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Which country dominates the Chlorine Dioxide market?North America emerged as the largest market for Chlorine Dioxide.
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Who are the key players in the Chlorine Dioxide market?Key players in the Chlorine Dioxide market are Iotronic, Bio-Cide International, Dioxide Pacific, Lakeside Water, VASU CHEMICALS, HES Water Engineers, Shanda Wit, Huayuan Chlorine Dioxide Generator, Nanjing Shuifu, OTH, Jinan Ourui industrial, Beijing Delianda, Rotek, Nanjing xingke Water Treatment, Fujian HADA Intelligence Technology, and Lvsiyuan.
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Which factor drives the growth of the Chlorine Dioxide market?The Rise in Demand for Safe Drinking Water is expected to drives the markets growth over the forecast period.
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