Sarasota, FL -- (SBWIRE) -- 02/15/2017 -- Zion Market Research has published a new report titled "Chlorine Market for EDC/PVC, Inorganic Chemicals, Organic Chemicals, Solvents, Pulp & Paper, Water Treatment, And Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021, and others". According to the report, the global marine composites market was valued at USD approximate USD 27.2 billion in 2015 and expected to reach approximately USD 38.4 billion by 2021, growing at a CAGR of around 4.5% between 2016 and 2021.

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In terms of volume, Asia Pacific held the largest share of the global chlorine market in 2015. The China over the last decade has emerged as the largest consumer of chlorine market. The growing chemical and plastic industries are estimated to increase demand for chlorine, which in turn is anticipated to further aid the market growth. Furthermore, key participants are moving their manufacturing bases from developed countries to cost-effective developing countries on account of growing demand and lack of strict rules & regulation.

Asia Pacific was followed by North America and Europe in terms of revenue in 2015. North America is expected to be substantial growing regional market in the coming years. The increase in plastic & water treatment industries are key driving factors contributes to propel the market growth. Strong growth in the construction industry and increased use in chemical industry is further expected to propel the chlorine market in this region within the forecast period.

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Europe has experienced a significant drop in the market share during the past few years due to the sluggish growth of the key end-use industries after the economic downfall. The region is expected to grow at below average growth rates over the forecast period.

Middle East & Africa is estimated to witness significant growth during the forecast period. New product launches, developments and expansions in different industries have in turn made the region a potential growth of chlorine market. Latin America another key region expected to exhibits moderate growth in the years to come. The chlorine market is led by Brazil in the Latin America.

Some of the key players in this market are BASF SE, Occidental Petroleum Corporation, The Dow Chemical Company, Formosa Plastics Corporation, PPG Industries, Tata Chemicals Limited, Tosoh Corporation, and Ineos Group Ltd. and Olin Corporation.

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The report segments the global chlorine market as:
Chlorine Market: Application Analysis
- EDC/PVC (Ethylene dichloride/ Polyvinyl chloride)
- Organic Chemicals
- Inorganic Chemicals
- Solvent
- Pulp & Paper
- Water Treatment
- Other

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Chlorine Market: Regional Analysis
- North America
o U.S.
- Europe
o UK
o France
o Germany
- Asia Pacific
o China
o Japan
o India
- Latin America
o Brazil

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