Global Chlorine Market 2017-2021: Growing Uses in the Pharmaceutical Industry – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Global
Chlorine Market 2017-2021" report has been added to Research
and Markets' offering.
The global chlorine market to grow at a CAGR of 4.70% during the period
2017-2021.
Global Chlorine Market 2017-2021, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the
market landscape and its growth prospects over the coming years. The
report also includes a discussion of the key vendors operating in this
market. To calculate the market size, the report presents a detailed
picture of the market by way of study, synthesis, and summation of data
from multiple sources.
One trend in the market is market consolidation through M&As. M&As in
the global chlorine market is expected to continue or build on its
strong run during the forecast period as both strategic and private
equity buyers seek opportunities. Market factors that are driving this
activity are strong corporate balance sheets, readily available
financing at attractive rates, and underpinning high deal valuations.
According to the report, one driver in the market is growing uses in the
pharmaceutical industry. It is estimated that chlorine chemistry is
crucial to the manufacture of more than 70% of the prescriptions that
were sold by the pharmaceutical industry in the global market. Drugs
containing chlorine are used to treat numerous medical conditions and
diseases, including high cholesterol, cancer, diabetes, stomach ulcers,
depression, anemia, high blood pressure, asthma, epilepsy, and
inflammation. Chlorine is used in the final step of drug formulation of
approximately 25% of medicines. In other cases, chlorine plays a
supporting role in the synthesis of drugs.
Further, the report states that one challenge in the market is logistic
problems related to hazardous chemicals. Safe transportation of
hazardous chemicals such as chlorine, across the globe, is one of the
biggest concerns. A lucrative growth in the chemical industry has led to
an increase in the safety concerns of chemical logistics owing to the
steep increase witnessed by freight traffic.
Key vendors
- Akzo Nobel
- Hanwha Corporation
- Occidental Petroleum
- Olin Corporation
- Westlake Chemical
Other prominent vendors
- BASF
- Formosa Plastics
- Packed Chlorine
- Tata Chemicals
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/g4kd4h/global_chlorine
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Related
Topics: Disinfectants
