Chlorine Dioxide Market Growth Offers Room to Grow to Existing & Emerging Players

Stratview Research has recently published a report on the Chlorine Dioxide Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.

Chlorine Dioxide Market Insights:

Chlorine Dioxide Market is likely to witness a robust CAGR of more than 5.0% during the forecast period.

Market Drivers

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. Of late, the market for chlorine dioxide has grown exponentially due its rising demand in the oil & gas domain. In the recent years, chlorine dioxide has become largely used chlorine alternative primarily for water treatment solutions. It has a number of benefits, including proper efficiency at high pH, resistance to effect by ammonia, and majorly supportive as compared to chlorine w.r.t the systems that are very vulnerable to a high level of organic contamination. As chlorine dioxide is a selective oxidizer, it has a capability to control the micro-organisms in water, even at very low dosages, which makes it a cost-effective solution. Therefore, there is a high demand for chlorine dioxide in the global market.

As per the report, the market is segmented by:

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.

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.

COVID-19 IMPACT

COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the Chlorine Dioxide Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.

Key Players

The market for Chlorine Dioxide is highly consolidated with the strong presence of key players such as-

• 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.

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Stratview research also offers custom research for market evaluation, competitive benchmarking, sourcing and procurement, target screening, and other services across sectors, in addition to this thorough review.

Research Methodology

Stratview Research's reports are the result of a thorough analysis that combines thorough secondary, and primary interviews with industry leaders, and confirmation using unique internal database and statistical methods. More than 1,000 verified secondary sources, such as annual reports from companies, press releases, fact books, journals, white papers, and blogs are reviewed and analysed.

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