NEW YORK, November 18, 2016 /PRNewswire/ --
Booming chlor-alkali industry and rising demand for liquid chlorine from various end use industries to drive India liquid chlorine market through 2025
According to a recently released TechSci Research report, "India Liquid Chlorine Market Study, 2011 - 2025", the market of liquid chlorine in India is anticipated to cross US$ 5.9 Billion by 2025. Growing demand for liquid chlorine from polyvinyl chloride, and organic and inorganic complex chemicals manufactures and other end user industries like water treatment, pulp & paper, etc., where it is used as a bleaching agent, are the major factors expected to aid the India liquid chlorine market during 2016 - 2025.
India's total polyvinyl chlorides production stood at 2.7 million metric tons in 2015. Liquid chlorine is used to produce vinyl chlorides, which are further utilised for PVC production. Moreover, vinyl is the fastest growing application segment in liquid chlorine market in India during the forecast period. West India is the leading demand generating region for liquid chlorine in the country on the back of large production base of liquid chlorine which generates demand for captive consumption as well as production facilities for other liquid chlorine end user industries.
"Liquid chlorine is a by-product of caustic soda production process. In 2015, India produced 2.49 million metric tons of caustic soda, and thus generated large volumes of liquid chlorine. While, the country's chlor-alkali industry, another major end user of liquid chlorine, is growing on the back of rising demand from numerous end user industries. Use of chlorine to produce more complex chemicals coupled with its usage in water treatment and growing health awareness are some of the major factors expected to boost the demand for liquid chlorine in India during 2016 - 2025" said Mr. Karan Chechi, Research Director, with TechSci Research, a research based global management consulting firm.
"India Liquid Chlorine Market Study, 2011 - 2025" has evaluated the future growth potential of India liquid chlorine market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in India liquid chlorine market.
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SOURCE TechSci Research