Chlorinating Agents Market Trends

Growth Drivers

• High Demand in Pharmaceutical Sector - In many industries, chlorine is recognized as an essential industrial ingredient. The pharmaceutical industry has placed a high demand on it because chlorine is an essential component of many medications. Drugs based on chlorine are used to treat anemia, inflammation, asthma, high blood pressure, and epilepsy. The need for novel medications rises in tandem with the global increase in health issues. The need for chlorine in the pharmaceutical sector is anticipated to create new market prospects for chlorinating agents. Furthermore, several insecticides contain chlorine as their primary ingredient, which is anticipated to fuel the chlorinating agents market expansion for chlorinating agents during the forecast period.
• High Usage in Infrastructural Development – Nowadays, along with urbanization the development of swimming pools, water parks, and recreational activities is rapidly growing this further is accelerating the growth of the chlorinating agents market in the projected period. Chlorinating agents are considered one of the most significant components in swimming pools and water park development. In the United States, there are 10.7 million swimming pools, according to statistics. 309,000 of the waters are public, while 10.4 million are residential.

Challenges

• Formation of Unwanted By-Products and High Transportation Cost - A wide range of compounds react with chlorinating agents. Ammonia, nitrogen dioxide, bromine, hydrogen sulfide, dissolved iron, and organic matter are among the substances found in the effluent. Because of this, in certain situations, more chlorine would be needed to inactivate wastewater treatment. Chlorine's reaction with impurities can sometimes improve the quality of the water, but other times it might result in unnecessary byproducts that are harmful to human health, such as trihalomethanes, which are carcinogens. Consequently, the market for chlorinating agents is constrained by this constraint. Conversely, chlorine is poisonous and dangerous despite having many uses. Therefore, a high degree of safety is needed to prevent such outcomes.
• Competition From Alternatives is Expected to Hamper the Chlorinating Agents Market Expansion in the Forecast Period
• Toxicity and Safety Issues Associated are Set to Pose Limitation on the Market Growth in the Projected Period