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Chlorine Dioxide Market Share

Report ID: GMI4851
Published Date: Jun 2021
Report Format: PDF

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Chlorine Dioxide Market Share

Global chlorine dioxide industry is highly fragmented and is characterized by the presence of several medium & large industry players operating worldwide. The key players in the market includes :

Ecolab
Grundfos
ProMinent
Evoqua
Scotmas

The key market participants are implementing various strategies includes expansion of product portfolio & production capacity, and mergers & acquisitions in order to increase market share and to tap the growth opportunities in the market.

For instance, in May 2021, global ingredient manufacturer Kemin Industries acquired Bio-cide International, Inc. in order to bolster its chlorine dioxide product offerings. In June 2021, De Nora and Grundfos entered into an agreement for De Nora to acquire 100% shares of ISIA S.p.A. The acquisition also includes the transfer of intellectual property of chlorine dioxide production technology. The process control expertise and patented submerged reactor design from ISIA is projected to complement the De Nora’s chlorine dioxide generation product line.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The chlorine dioxide industry size reached more than USD 860 million in 2020 and could rise at a 6.5% CAGR up to 2027.

The market revenue from the food & beverage application crossed around USD 160 million in 2020 and will witness a CAGR of 7.5% through 2027 due to the surge in government rules and regulations toward food safety.

The industrial water treatment applications is likely to exceed USD 615 million through 2027 driven by higher usage of disinfectants and cleaning agents.

The Asia Pacific region could register around 8% CAGR up to 2027 due to the growing industrialization and urbanization in India, China, Japan, South Korea, and Australia.