According to the latest report by IMARC Group "Chlorine Dioxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global chlorine dioxide market size reached US$ 945.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,265.9 Million by 2027, exhibiting a growth rate (CAGR) of 4.9% during 2022-2027.
Chlorine dioxide (ClO2) refers to a small and volatile chemical compound consisting of one chlorine atom and two oxygen atoms. It is a yellowish-brown gas with an unpleasant odor and exists as a free radical in dilute solutions. Chlorine dioxide is generally produced from sodium chlorite and sodium chlorate. It is widely used in poultry processing, disinfecting drinking water, washing vegetables and fruits, etc. Chlorine dioxide is also a selective oxidizer and can control microorganisms in water at very low dosages. It finds several applications across numerous industries, such as healthcare, paper processing, oil and gas, food and beverage (F&B), etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The growing demand for industrial water treatment systems across the globe is one of the primary factors driving the chlorine dioxide market. In addition to this, the increasing requirement for ClO2 to wash various meat products, including chicken and seafood, owing to its antimicrobial properties, is further propelling the market growth. Moreover, the widespread product utilization in the pulp and paper industry is augmenting the global market. Apart from this, the expanding usage of biocide technologies for safety interlocks is acting as another significant growth-inducing factor. Furthermore, the escalating demand for ClO2 in the F&B industry to reduce spoilage is positively influencing the market growth. Besides this, the rising product usage to sterilize medical and laboratory equipment is expected to fuel the chlorine dioxide market in the coming years.
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
Market 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 with Key Player:
- Accepta LLC
- AquaPulse Systems
- CDG Environmental LLC
- Ecolab Inc.
- Evoqua Water Technologies LLC
- Grundfos Pumps Corporation
- Iotronic Elektrogeratebau GmbH
- ProMinent GmbH
- Sabre Technologies LLC
- Tecme Srl
- Vasu Chemicals LLP.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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