A report on a new method of aminoheterocycle domination for the production of novel drugs has been issued by Nature Chemistry in December 2021. This discovery is expected to create a new market segment for the sale of chlorinating agents worldwide.
Olin Corporation announced that it plans to cease production of methylene chloride and chloroform at its facility in Stade, Germany, by the third quarter of 2023. Olin will continue to manufacture both products at its facility in Freeport, Texas. Olin Corporation is a vertically integrated global chemical products manufacturing and marketing company and a leading ammunition manufacturer in the United States. Chemical products manufactured include chlorine, caustic soda, vinyl, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's main manufacturing facility manufactures and sells sporting ammunition, police ammunition, reloading parts, small caliber military ammunition and parts, and industrial cartridges.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5572
Published Date: Jan 24, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing demand in wastewater treatment and increasing demand in pharmaceutical sector are some of the major factors anticipated to drive the growth of the chlorinating agents market.
The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2024-2036.
The major players in the market are of AGC Chemicals Americas, HPL Additives Limited, Nouryon, Heetu Chemicals & Alkalies Limited, ACURO ORGANICS LIMITED, Evonik Industries AG, ORGANICS INDUSTRIES PVT. LTD., Olin Corporation, PPG Industries, Inc., and others.
The water & wastewater segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.