Expanding Liquid Chlorine Market Expected to Reach $13.4 Billion by 2034
The global liquid chlorine market is poised for substantial expansion over the next decade, with a projected value of over $24.19 billion by 2034. This growth trajectory, revealed by a recent report, suggests a CAGR of 3.0% from 2025 to 2034 [1].
Key drivers for this market growth include the use of liquid chlorine in water treatment, pharmaceuticals, chemical manufacturing, plastics, and textiles [1][3]. Technological advancements in production efficiency, such as membrane electrolysis, also contribute to this growth. Regulatory pressures on environmental and sanitation standards further fuel the demand for liquid chlorine [1][3].
In the specific segment of chlorine disinfectants, a closely related market, growth is projected to reach around 5.0% CAGR from 2024 to 2034, reaching approximately USD 5.15 billion by 2034 [3]. This growth is driven by increased global emphasis on water treatment, hygiene, and the pharmaceutical sector.
Water treatment holds a significant share in the liquid chlorine market, accounting for 38.6%, due to the rising demand for safe municipal water supplies worldwide [3]. Industrial-grade chlorine, on the other hand, dominates the market, accounting for 46.2%, owing to its widespread industrial applications [3].
Major players in the market are focusing on innovation and sustainability to capitalize on this growth. Companies like INEOS Group have modernized their chlor-alkali plants to boost efficiency and reduce carbon footprint [4]. Hanwha Chemical Corporation, for instance, has expanded its exports to Southeast Asia and the Middle East [6].
Meanwhile, Dow Chemical Company has launched next-generation chlorine-based disinfectants and optimized its supply chains to meet rising demand [2]. AkzoNobel N.V., too, has invested in sustainable chlorine production and expanded its water treatment chemicals portfolio [5].
In North America, the liquid chlorine market reached a value of USD 3.8 billion in 2024, capturing a 38.6% share [3]. Cranbrook has allocated $9.5 million to enhance its water treatment infrastructure [7]. Formosa Plastics Corporation has expanded its chlor-alkali production capacity and introduced low-emission liquid chlorine [6].
A chemical company plans to invest $170 million to restore the Westlake chlorine facility, which was damaged by Hurricane Laura [8]. Investing in advanced production technologies can enhance efficiency and meet high-purity demands, especially for industrial-grade chlorine.
The growth of the liquid chlorine market significantly impacts the global economy by supporting critical industries and infrastructure. As such, businesses in this sector should continue to focus on innovation and sustainability to capitalize on these growth opportunities.
References: [1] OpenPR, Chlorine Market projected to surpass USD 24.19 billion by 2034, 2025 [2] Dow Chemical Company, Dow Launches Next-Generation Chlorine-Based Disinfectants [3] OpenPR, Global Chlorine Disinfectant Market projected to grow at 5% CAGR from 2024 to 2034 [4] INEOS Group, INEOS modernises its chlor-alkali plants [5] AkzoNobel, AkzoNobel Invests in Sustainable Chlorine Production [6] Hanwha Chemical Corporation, Hanwha Chemical Expands Exports to Southeast Asia and Middle East [7] Cranbrook, Cranbrook invests $9.5 million in water treatment infrastructure [8] Chemical Week, $170 million to restore Westlake chlorine facility after Hurricane Laura
- The growth trajectory of the liquid chlorine market isexpected to have a positive influence on the finance sector, as increased demand and projected expansion could lead to significant investments in the industry.
- With a growing emphasis on energy-efficient production methods in the chlorine industry, companies are likely to explore alternative energy sources, such as renewables, to reduce their carbon footprint and lower operational costs.
