Global Chlorine Dioxide Market

Chlorine Dioxide Market Size, Share, Growth Analysis, By Application(Water Treatment, Pulp & Paper Processing), By Type(Drinking Water, Waste Water) - Industry Forecast 2024-2031

Report ID: SQMIG15B2080 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 67 | Figures: 65

Chlorine Dioxide Market News

  • June 2022 - A pioneer in mission-critical water treatment solutions, Evoqua Water Technologies recently celebrated the opening of a new manufacturing facility in Singapore. This expansion of the company's investment in Asia-Pacific (APAC) comes as the region's need for cutting-edge water treatment solutions continues to rise.
  • February 2022 – Leader in mission-critical water treatment solutions, Evoqua Water Technologies, recently announced that it had activated the sustainability-linked adjustment feature offered under its USD 350 million revolving credit facility as part of the company's ongoing commitment to incorporating sustainability performance into its business strategy.
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FAQs

Chlorine Dioxide Market size was valued at USD 960 million in 2021 and is poised to grow from USD 1008 million in 2022 to USD 1489.28 million by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

The chlorine dioxide market is highly competitive, with several key players vying for market share. In order to enhance product performance and broaden their product portfolios, these businesses are actively engaged in research and development activities. To improve their market position, they are also implementing a variety of growth strategies, including mergers and acquisitions, partnerships, and collaborations. These businesses are concentrating on developing new chlorine dioxide generation technologies, enhancing the effectiveness of their products, and expanding their distribution systems to reach a larger customer base. They also actively work to meet the unique needs of sectors like water treatment, pulp and paper, healthcare, and food and beverage by offering tailored solutions. 'Accepta', 'Ecolab', 'Grundfos', 'ProMinent', 'Evoqua', 'The Sabre Companies LLC', 'CDG Environmental LLC', 'Tecme Srl', 'Iotronic Elektrogerätebau GmbH', 'Vasu Chemicals LLP.'

The rapid urbanization in developing economies like China, India, and Brazil has created a significant demand for safe drinking water. Initiatives such as the "Jal Jeevan Mission" by the Indian government further boost the need for chlorine dioxide to purify and provide clean drinking water to both urban and rural populations. Moreover, the rising prevalence of waterborne diseases in developing countries, attributed to increasing pollution in natural water sources from industrial waste disposal, has further driven the demand for chlorine dioxide as a water treatment solution. As governments and communities prioritize access to safe drinking water, the demand for chlorine dioxide is expected to witness substantial growth, particularly in regions facing water quality challenges.

Increasing Demand for Water Treatment: The water treatment industry is a major driver of the chlorine dioxide market. With the growing concern over waterborne diseases and pollution of natural water resources, the demand for chlorine dioxide as a water disinfectant is increasing. Municipalities and industries are increasingly using chlorine dioxide to purify drinking water and treat wastewater.

Asia Pacific is poised to hold the largest revenue share in the chlorine dioxide market, primarily driven by its widespread usage in drinking-water disinfection. The region faces significant challenges with water contamination, leading to a high risk of cholera outbreaks in countries such as Afghanistan, Bangladesh, India, Nepal, the Philippines, and Yemen. To combat rising infection rates, governments in the region are increasingly adopting chlorine dioxide for water treatment, fueling market growth.

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Global Chlorine Dioxide Market

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