Chlorine Dioxide Market: Revenue and growth prediction till 2026 with covid-19 impact analysis

AUG 09,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Chlorine Dioxide Market.

Chlorine Dioxide Market is likely to witness a robust CAGR of more than 5.0% during the forecast period, due to its increasing application in the treatment of industrial wastewater. Over the years, chlorine dioxide has been broadly used for a wide range of antimicrobial roles, such as drinking water disinfection.

Chlorine dioxide is a volatile, strong, and small chemical compound (molecule), which consists of two oxygen atoms and one chlorine atom, in its composition. It is abbreviated as ClO2 and is widely used for bleaching and water treatment. In addition, it is also used in the end-use industries such as oil & gas and food & beverages for various anti-microbial activities.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Chlorine Dioxide Market Share: By Application Type

Based on the application type, the market is segmented into food & beverages, medical, pulp & paper processing, oil & gas, industrial water treatment, and others. Among these applications, the industrial water treatment category is expected to gain the maximum traction in the market over the forecast period. As a result of urbanization and industrialization trends over the years, there has been a significant contribution of water pollution, which has simultaneously increased the need for water treatment. In addition, chlorine dioxide is broadly used for disinfection of drinking water along with acting as an efficient biocide for food processing, industrial activity, and medical purpose, among others. Due to ever-growing water pollution, the industrial water treatment market segment is anticipated to be the dominant application of chlorine dioxide, throughout the forecast period.

Chlorine Dioxide Market Share: By Region

In terms of regions, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, Asia-Pacific is expected to account for the largest share throughout the forecast period. In the recent years, a number of industries and factories (medical, manufacturing, food processing, oil & gas, etc.) have setup their locations in the Asian region, primarily due to availability of cheap labor and low prices of raw materials. This has simultaneously resulted in increasing water pollution in the region. This is the major reason for the dominance of the Asia-Pacific region in the overall market.

Key Players:

• Accepta Water Treatment

• Bio-Cide International, Inc.

• CDG Environmental

• Ecolab

• Evoqua Water Technologies LLC

• Grundfos Holding A/S

• ProMinent

• Scotmas Limited

• TECME SRL

• The Sabre Companies LLC.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Chlorine Dioxide Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis

• COVID-19 Impact Assessment

• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis

• Market trend and forecast analysis

• Market segment trend and forecast

• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

• Attractive market segments and associated growth opportunities

• Emerging trends

• Strategic growth opportunities for the existing and new players

• Key success factors

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