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Chlorine Dioxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A4796
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Market Overview:
The global chlorine dioxide market size reached US$ 999 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,323 Million by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.
Chlorine dioxide (CIO2) is a volatile chemical compound that consists of one chlorine atom and two oxygen atoms. It is a yellowish-brown gas with an unpleasant odor at room temperature that dissolves in water. It is usually produced from sodium chlorite and sodium chlorate and is commonly used as an antimicrobial agent in poultry processing, disinfecting drinking water and washing vegetables and fruits. It is also utilized as a selective oxidizer and is used as an alternative to chlorine in water treatment solutions. Chlorine dioxide is effective over a broad pH range, neutralizes phenols and their derivatives and is less corrosive. As a result, it is extensively used in industrial water treatment, medical, pulp and paper processing, oil and gas, food and beverage applications.
Chlorine Dioxide Market Trends:
Rapid industrialization across the globe is one of the key factors driving the growth of the market. Chlorine dioxide is widely used for treating wastewater and removing the turbidity from water as it is a powerful disinfectant for bacteria and viruses. Additionally, the widespread product utilization in the pulp and paper industry is favoring the market growth. Chlorine dioxide is widely used as a bleaching agent to produce paper with high brightness. Moreover, the increasing utilization of biocide technology is providing a thrust to the market growth. The technology is based on chlorine dioxide to treat industrial cooling water systems and provide safety interlocks, real-time monitoring and enhanced cost-effectiveness. Other factors, including the rising product demand in the food and beverage industry to control pathogenic and spoilage microorganisms, along with the extensive product utilization to sterilize medical and laboratory equipment, is anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global chlorine dioxide market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, method and application.
Breakup by Type:
- Liquid Stabilized Chlorine Dioxide
- Solid Stabilized Chlorine Dioxide
Breakup by Method:
- Electrolytic Method
- Chemical Method
Breakup by Application:
- Industrial Water Treatment
- Pulp and Paper Processing
- Oil and Gas
- Medical
- Food and Beverages
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accepta LLC, AquaPulse Systems, CDG Environmental LLC, Ecolab Inc., Evoqua Water Technologies LLC, Grundfos Pumps Corporation, Iotronic Elektrogerätebau GmbH, ProMinent GmbH, Sabre Technologies LLC, Tecme Srl and Vasu Chemicals LLP.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Million |
| Segment Coverage | Type, Method, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Accepta LLC, AquaPulse Systems, CDG Environmental LLC, Ecolab Inc., Evoqua Water Technologies LLC, Grundfos Pumps Corporation, Iotronic Elektrogerätebau GmbH, ProMinent GmbH, Sabre Technologies LLC, Tecme Srl and Vasu Chemicals LLP |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global chlorine dioxide market was valued at US$ 999 Million in 2022.
We expect the global chlorine dioxide market to exhibit a CAGR of 4.7% during 2023-2028.
The rising demand for chlorine dioxide to treat wastewater and remove turbidity from water, as it is a powerful disinfectant for bacteria and viruses, is primarily driving the global chlorine dioxide market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for chlorine dioxide.
Based on the type, the global chlorine dioxide market can be segmented into liquid stabilized chlorine dioxide and solid stabilized chlorine dioxide. Currently, liquid stabilized chlorine dioxide holds the majority of the total market share.
Based on the method, the global chlorine dioxide market has been divided into electrolytic method and chemical method, where electrolytic method currently exhibits a clear dominance in the market.
Based on the application, the global chlorine dioxide market can be categorized into industrial water treatment, pulp and paper processing, oil and gas, medical, food and beverages, and others. Currently, industrial water treatment accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global chlorine dioxide market include Accepta LLC, AquaPulse Systems, CDG Environmental LLC, Ecolab Inc., Evoqua Water Technologies LLC, Grundfos Pumps Corporation, Iotronic Elektrogerätebau GmbH, ProMinent GmbH, Sabre Technologies LLC, Tecme Srl, and Vasu Chemicals LLP.
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