What is Global Chlorine Dioxide Market?
The Global Chlorine Dioxide Market is a vast and dynamic sector that has been gaining significant attention in recent years. Chlorine dioxide is a chemical compound with the formula ClO2 that appears as a yellow-green gas at room temperature. It is a potent and useful oxidizer, which has been widely used in various industrial applications. The market for this compound is global, encompassing a wide range of industries and applications across the world. The market's value was estimated to be US$ 2207.4 million in 2022. The market is projected to grow at a steady pace, with an expected value of US$ 2605.4 million by 2029. This represents a compound annual growth rate (CAGR) of 2.4% during the forecast period from 2023 to 2029.
Electrolytic Method, Chemical Method in the Global Chlorine Dioxide Market:
The Global Chlorine Dioxide Market is segmented based on the method of production, namely the Electrolytic Method and the Chemical Method. The Electrolytic Method involves the use of electricity to produce chlorine dioxide from a chlorine source and a reducing agent. On the other hand, the Chemical Method involves the reaction of a chlorine source with a reducing agent in a chemical process to produce chlorine dioxide. The Chemical Method is the most widely used method, accounting for about 80% of the total market. This dominance can be attributed to its cost-effectiveness and efficiency in producing high-quality chlorine dioxide.
Drinking Water, Waste Water, Swimming Water, Cooling Water in the Global Chlorine Dioxide Market:
Chlorine dioxide finds extensive usage in various areas such as Drinking Water, Waste Water, Swimming Water, and Cooling Water. In Drinking Water, it is used as a disinfectant to kill bacteria, viruses, and some types of parasites that can make people sick. In Waste Water, it is used to control odors, bacteria, slime, and other nuisance microorganisms. In Swimming Water, it is used to maintain the cleanliness and safety of the water. In Cooling Water, it is used to control microbial growth and to prevent the formation of biofilms that can reduce the efficiency of cooling systems. The versatility and effectiveness of chlorine dioxide in these applications contribute significantly to its demand in the global market.
Global Chlorine Dioxide Market Outlook:
To rephrase the market outlook, the Global Chlorine Dioxide Market, which was valued at US$ 2207.4 million in 2022, is expected to grow to US$ 2605.4 million by 2029. This indicates a steady growth with a CAGR of 2.4% during the forecast period of 2023-2029. The Chemical Method of producing chlorine dioxide is the most prevalent, accounting for approximately 80% of the market. This method's popularity is due to its cost-effectiveness and ability to produce high-quality chlorine dioxide.
| Report Metric | Details |
| Report Name | Chlorine Dioxide Market |
| Accounted market size in 2022 | US$ 2207.4 million |
| Forecasted market size in 2029 | US$ 2605.4 million |
| CAGR | 2.4% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Prominent, Grundfos, Ecolab, Evoqua, LANXESS (Chemours), CDG Environmental, Sabre, AquaPulse Systems, Tecme, IEC Fabchem Limited, Accepta, US Water, Metito, 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, Lvsiyuan |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
