Market Size of India Chlorine Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Chlorine Market Analysis
The chlorine market in India is expected to register a CAGR of over 5% during the forecast period.
The outbreak of the COVID-19 pandemic resulted in a major slowdown in industrial activity, highly impacting the manufacturing sector. Demand for chlorine in the market was hampered due to reduced demand for finished products from various end-user industries. However, the growth of the pharmaceutical industry during the pandemic and the slow revival of the manufacturing sector to pre-pandemic levels of activity are expected to drive demand for chlorine in the market.
- With chlorine chemistry being extensively used in the production of drugs, the growth of the pharmaceutical industry is expected to be a critical driver for market demand.
- Similarly, the rising need for water conservation is anticipated to fuel the water treatment industry, further strengthening the demand for chlorine during the forecast period.
- However, stringent regulations concerning chlorine usage in various end-user industries including the regulations governing chlorine residual in treated water could potentially hinder the market growth.
- On the flip side, the growing production of PVC in the country and its widening usage in the construction sector are anticipated to provide future opportunities for market growth.
India Chlorine Industry Segmentation
Chlorine is the most abundant element in the periodic table's halogen family. It is a critical component of the chemical and pharmaceutical industries. Chlorine contributes to advancements in fields as diverse as disinfecting, medicine, and public safety. The Indian chlorine market is segmented by application and end-user industry. By application, the market is segmented into EDC/PVC, isocyanates and oxygenates, chloromethanes, solvent and epichlorohydrin, inorganic chemicals, and other applications. By end-user industry, the market is segmented into water treatment, pharmaceuticals, chemicals, pulp and paper, plastics, pesticides, and other end-user industries. For each segment, market sizing and forecasts have been done on the basis of volume (kilotons).
| Application | |
| EDC/PVC | |
| Isocyanates and Oxygenates | |
| Chloromethanes | |
| Solvent and Epichlorohydrin | |
| Inorganic Chemicals | |
| Other Applications |
| End-user Industry | |
| Water Treatment | |
| Pharmaceuticals | |
| Chemicals | |
| Pulp and Paper | |
| Plastics | |
| Pesticides | |
| Other End-user Industries |
India Chlorine Market Size Summary
The chlorine market in India is poised for significant growth, driven by the resurgence of the pharmaceutical industry and the gradual recovery of the manufacturing sector post-COVID-19. Chlorine's critical role in drug production, with a substantial percentage of top-selling drugs utilizing chlorine chemistry, underscores its importance in the pharmaceutical sector. Additionally, the increasing focus on water conservation and the expansion of the water treatment industry are expected to bolster chlorine demand. However, the market faces challenges from stringent regulations governing chlorine use, particularly in water treatment applications. Despite these challenges, the growing production of PVC and its expanding application in the construction sector present promising opportunities for market expansion.
The Indian chlorine market is characterized by a partially consolidated structure, with key players such as De Nora India Limited, Meghmani Finechem Limited, and Gujarat Fluorochemicals Ltd. actively participating in the industry. The government's initiatives, such as the Swachh Bharat Mission (Urban) 2.0, which allocates significant funds for wastewater management, highlight the increasing importance of chlorine in water treatment processes. The construction of new sewage treatment plants and the rehabilitation of existing facilities are part of efforts to enhance the country's water treatment capacity. These developments, coupled with strategic expansions by companies like Gujarat Alkalies and Chemicals and Chemfab Alkalis Limited, indicate a robust growth trajectory for the chlorine market in India.
India Chlorine Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growth in the Pharmaceutical Industry
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1.1.2 Widening Usage in Water Treatment Industry
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1.2 Restraints
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1.2.1 Stringent Regulations Governing Chlorine and Its Ecological Issues
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Volume)
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2.1 Application
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2.1.1 EDC/PVC
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2.1.2 Isocyanates and Oxygenates
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2.1.3 Chloromethanes
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2.1.4 Solvent and Epichlorohydrin
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2.1.5 Inorganic Chemicals
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2.1.6 Other Applications
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2.2 End-user Industry
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2.2.1 Water Treatment
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2.2.2 Pharmaceuticals
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2.2.3 Chemicals
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2.2.4 Pulp and Paper
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2.2.5 Plastics
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2.2.6 Pesticides
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2.2.7 Other End-user Industries
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India Chlorine Market Size FAQs
What is the current India Chlorine Market size?
The India Chlorine Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in India Chlorine Market?
DCM Shriram Ltd., Meghmani Finechem Ltd., Gujarat Fluorochemicals Ltd., De Nora India Limited and Grasim Industries Ltd. are the major companies operating in the India Chlorine Market.
