Global Chlor-Alkali Market Is Projected to Grow at an Exponential Rate over 2022 to 2028

Chlor-Alkali Market size is projected to reach USD 114.4 Billion by 2028 from an estimated USD 88.2 Billion in 2022, growing at a CAGR of 3.8% globally.
Chlor-Alkali refers to the two chemicals such as chlorine and alkali which are concurrently manufactured as a result of the electrolysis of salt water. The most common chlor-alkali chemicals are chlorine and caustic soda (sodium hydroxide) but can include potassium hydroxide and muriatic acid. There are three types of electrolytic processes utilized in the production of chlorine and caustic soda such as the diaphragm cell process, the membrane cell process, and the mercury cell process. In the mercury cell process, chlorine and sodium hydroxide are manufactured all together by electrolyzing seawater (sodium salt water or brine) in a mercury cell. The chlor-alkali process makes usages of cation exchange membrane technology, which is the most advanced, very efficient, and the most environmentally friendly Chlor-alkali technology producing high-quality products meeting a wide range of demanding applications such as Soaps and Detergents, Paper and Pulp, Pharmaceuticals, Organic chemical, Inorganic chemical, Textiles, Alumina, Textile, Water Treatment, Chemical Processing, and Others.

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