Chlorine Dioxide Market 2023-28 | Share, Trends, Industry Size And Forecast

The latest report by IMARC Group, titled “Chlorine Dioxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global chlorine dioxide market share. The global chlorine dioxide market size reached US$ 999 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,323 Million by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

Chlorine dioxide (ClO2) refers to a small and volatile chemical compound consisting of one chlorine atom and two oxygen atoms. It is a yellowish-brown gas with an unpleasant odor and exists as a free radical in dilute solutions. Chlorine dioxide is generally produced from sodium chlorite and sodium chlorate. It is widely used in poultry processing, disinfecting drinking water, washing vegetables and fruits, etc. Chlorine dioxide is also a selective oxidizer and can control microorganisms in water at very low dosages. It finds several applications across numerous industries, such as healthcare, paper processing, oil and gas, food and beverage (F&B), etc.

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Chlorine Dioxide Market Trends and Drivers:

The growing demand for industrial water treatment systems across the globe is one of the primary factors driving the chlorine dioxide market. In addition to this, the increasing requirement for ClO2 to wash various meat products, including chicken and seafood, owing to its antimicrobial properties, is further propelling the market growth. Moreover, the widespread product utilization in the pulp and paper industry is augmenting the global market. Apart from this, the expanding usage of biocide technologies for safety interlocks is acting as another significant growth-inducing factor. Furthermore, the escalating demand for ClO2 in the F&B industry to reduce spoilage is positively influencing the market growth. Besides this, the rising product usage to sterilize medical and laboratory equipment is expected to fuel the chlorine dioxide market in the coming years.

Report Segmentation:

The report has segmented the market into the following categories:

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