Interested in Procuring This Report? Visit Here: Īllied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. In addition, the market across North America is expected to register the second-highest CAGR of 5.7% during the forecast period. Moreover, the region held the largest share in 2019, contributing to more than one-third of the market, due to rapid industrialization and demand for chlorine dioxide from newly-installed industrial units. Get Detailed COVID-19 Impact Analysis on the Chlorine Dioxide Market Īsia-Pacific, followed by North America, held the lion's shareīy region, the market across Asia-Pacific is projected to manifest the highest CAGR of 5.7% from 2020 to 2027. However, the pulp & paper processing segment is estimated to register the highest CAGR of 6.1% during the forecast period, owing to rise in demand for paper packaging from the e-commerce and retail sector. The industrial water treatment segment dominated the marketīy application, the industrial water treatment segment held the lion's share in 2019, accounting for more than half of the market, due to rapid industrialization across the developing economies such as China and India and increase in demand for industrial water treatment. The prolonged lockdown in various countries led to supply chain disruption and shortage of critical medical devices. Moreover, the demand for medical devices is more than domestic manufactures can deliver, creating a supply-demand gap. The chlorine dioxide is used in the manufacturing of biocides and decline in the sale of biocides during the pandemic is expected to hamper the growth of the market. On the contrary, regulatory restrictions on the use of chlorine and hypochlorite in pulp bleaching are expected to open lucrative opportunities for the market players in the future.
However, fire and explosion hazards and strict environmental norms hinder the market growth. Rapid growth in the food & beverage industry, increase in demand for safe drinking water, rise in concerns regarding water pollution, and surge in trend of wastewater recycle have boosted the growth of the global chlorine dioxide market.
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