Global Chlorine Market Set to Reach USD 24.19 Billion by 2034 with a CAGR of 4.5%
The chlorine market size and growth are anticipated to propagate sluggishly at a CAGR of 4.5% through 2034. It will navigate through the forecasted period to reach USD 24.19 billion, elevating the market valuation from USD 15.58 billion measured in 2024.
Among all the growth drivers of the chlorine market, the growing demand for water treatment plants is driving the chlorine market growth. Governments are also encouraging the establishment and maintenance of water treatment. This fuels the chlorine market size.
The growth of the pharmaceutical industry is another factor causing the chlorine market growth. Chlorine, being used effectively for medicine preparation, will gain demand in the next decade. Hence, it will bloat the chlorine market size.
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