Apr 28, 2017   SOURCE: BusinessWire

North America Chlor-alkali Market to Reach $19.6 Billion by 2024 - Rapidly Growing Chemical Industry - Key Vendors are Olin Corporation, Axiall Corporation, Solvay Chemicals & FMC Corporation - Research and Markets

Research and Markets has announced the addition of the "North America Chlor-alkali Market Analysis By Product (Caustic Soda, Chlorine, Soda Ash), Trends & Dynamics, Competitive Landscape, Value Chain Analysis, Price Trend Analysis, And Forecasts, 2014 - 2024" report to their offering.

The North America chlor-alkali market is expected to reach USD 19.63 billion by 2024.

The rapidly growing chemical industry is projected to play a vital role in supporting demand. The demand for chlor-alkali products indirectly depends on conditions in downstream end-use industries. Increased use of chlorine based products in the day-to-day items such as soaps & detergents, textiles, glass, etc. is expected to drive the product demand over the forecast period. Chlorine is helpful in water treatment and is also used to manufacture chlorinated paraffin wax.

Environmental impact in the form of mercury emission is expected to emerge as a major restraint for the market. Cutting down mercury as well as carbon emissions is expected to pose a challenge to manufacturers. The extremely energy intensive manufacturing process of the product is also assumed to hinder growth.

Companies Mentioned

  • Axiall Corporation
  • Formosa Plastics Corporation (U.S.A.)
  • Occidental Petroleum Corporation (OXY)
  • Olin Corporation
  • Shintech, Inc.
  • Covestro AG
  • FMC Corporation
  • Solvay S.A.
  • AkzoNobel N.V.
  • Tronox Limited
  • Tosoh Corporation

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 North America Chlor-alkali Market Variables, Trends & Scope

4 North America Chlor-alkali: Product Estimates & Trend Analysis

5 North America Chlor-alkali: Regional Estimates & Trend Analysis

6 Competitive Landscape

7 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/vjfn9j/north_america