Global Chlorine Dioxide Market, By Type (Drinking Water, Waste Water, Swimming Water, Cooling Water ),By Application (Pulp and paper industry ,Industrial water treatment, Food processing ,Others) and opportunities and forecast 2020-2027
Chlorine Dioxide Market Overview
The rising prevalence of waterborne diseases including Amoebiasis, shigellosis , Cholera, Cryptosporidiosis, & Giardia has increased the demand for filtered water. This further led to a surge in demand for beverage treatment, which successively propels the market growth. Factors like growing consumer awareness regarding the health benefits of preferring drinking water, increasing safe beverage demand from the population, and inefficient water system management in residential areas are driving the dioxide market growth.
Growth within the population and urbanization rates has developed stress on regional water resources, which is intensifying due to declining freshwater resources. Also, agricultural and industrial pollution causes disturbance within the freshwater ecosystem. Excessively high levels of impurities are disposed of in water reservoirs from the agriculture sector resulting in an increase within the prevalence of waterborne diseases, which are likely to market safe beverage demand.
Covid-19 Impact on Chlorine Dioxide Market:
The ongoing COVID-19 pandemic condition has severely affected every sector around the world. Whereas, the chemicals and materials sectors moderately affected during the pandemic. This is primarily due to uncut demand of chemicals for healthcare, life science and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing diminution in demand. Strict lockdown resulted in nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end use industries directly affected the chemical demand all around the world.
Chlorine Dioxide Market Segment Overview
In terms of application, the dioxide market is often segmented into the pulp & paper industry, industrial water treatment, food processing, et al. Within the pulp & paper industry, dioxide is employed because the bleach. It’s used as a biocide and as an odor control agent in water treatment applications. Within the case of food processing, dioxide is employed as a sanitizer.
Additionally, Food & beverage application surpassed USD 160 million in 2020 and is anticipated to point out growth of seven. Nearly 7 % of CAGR within the forecasted period due to the rising government rules and regulations toward food safety. There are several government institutions like the Food and Drug Administration, Food Safety and Inspection Service, and the U.S. Department of Agriculture that strictly monitor food safety and hygiene conditions within the food & beverage industry. Thus, stringent food safety regulation for cleanliness and hygiene is projected to supply growth opportunities for the dioxide market.
Market Analysis, Insights and Forecast – By Type · Drinking Water · Waste Water · Swimming Water · Cooling Water
Market Analysis, Insights and Forecast – By Application · Pulp and paper industry · Industrial water treatment · Food processing · Others
Chlorine Dioxide Market Regional Overview
Region-wise, in terms of regions, The Asia Pacific held a major share of the worldwide dioxide market in 2019. A rise in industrial wastewater treatment has boosted the demand for dioxide within the Asia Pacific. A few distributors and makers of dioxide operate in Latin America; therefore, the region relies on imports from other countries so as to cater to the demand for dioxide.
Chlorine Dioxide Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Chlorine Dioxide Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Chlorine Dioxide are highlighted below.
· In May 2021, global ingredient manufacturer Kemin Industries acquired Bio-cide International, Inc. so as 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 method control expertise and patented submerged reactor design from ISIA is projected to complement the De Nora’s chlorine dioxide generation product line.
